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<br /> S� � circun�stnn�cc�. Darro�ver shall nat cnmmit weete ar destroy,daniape at substnnNnlly chtuige the Property ot nl�ow tt►e �-
<br /> •. F Propeny to dctertarate, rcasonablc we�r and tear cxceptcd. l.endcr rnny inspcct tho Pmptcty 1f tlie Fraperty la vncwu �`�
<br /> � or nbandoncA or the loan is tn default. Lender mny tnke reasanable actlnn tn protece nnd preserve such vacnnt ar �;._:
<br /> � abandoncd Propeny. Bormwer rhnll also t�o indef�►ult if Bormwer,durinII the lonn appitcmiAn pracese.Quve matednity -T.
<br /> +' fnlsc or lnaucurnte intarnustion or atatemcnts ta l.endcr (or fnil��d ta pravidc l.ender with nny muteflnl tnformntion) t`-
<br /> in eoruiection wtth the in.w evtdeneed l�y the Note�,ln�:luding.but not Iimtt�d to.cepresenwtions canceminQ Borrower'e �__
<br /> occupancy of the Pro�rty ��g n princlpnl residenc�. If this Security Inatcumant ie on n leaschold, Borto�ver shall corr�ply <«-:
<br /> . �s; i with the pmvisions of the teuse. ti Borrower acqulrcs fec Ntle ro thc Properiy, thc leasehold and frc tttle shall aot
<br /> ��� be merged unless Lender ug�ees to the mer�er in arittna. .-
<br /> _ ,��� 6_ Cavde�►as3on. The proceeds of rc�y nward or claim for damnges.direct or coasequendel. in connection w►th ��
<br /> - r�ny condemnatton or other tuk[na of nny purt of the Property,or for wnveyonce fa place of coademnAtion, nre heceby
<br /> � � assigned and shall be paid to l.ender to the extent af the ti�ll amount of the indebtedness that remains unpaid under :__
<br /> _ r tbe i�Eote and this Secudty Instrument. Ixnder ahull npply such prareeds to thc reduction of the lndebudness under `
<br /> " �'� ' the Nate und this Securlty Insuumcnt. tirat to uny deli�quent amounta pppUed in the order provided ia puraaraph 3.
<br /> and Wat to prepayateat of prinoipal. Any applicnttun of the pmceeda to the principsil shall uot ext,eud or postpone
<br /> •.r. the duo dute of the mnntWy paymeata. which are referred to ia pamgaph 2.or chan�e the amount of such pnytaenta.
<br /> pny excess proceede over an amount cequired to pay nll outstanding iadebtedness under ttie Note and this Security
<br /> . Insu�unent shall be puid to the �ndry legully entiQed thereto.
<br /> • 7. �haz�p�Boimwer�xl Pnote�tua of I�'e l��la the Pmne:ty. Borro��er shall pay all govermneatal
<br /> �� or mtwicipa] char�FS,riues and Zmpasitlons t�c are aot laduded in paragrnph 2. �orrower shall pay these obllgat�ons .
<br /> on cime directly tm¢1►z entity which is owed the payment• If failuce to pay would adversely affect l.ender's Interese ia .
<br /> ' � the �roperty, upon Lender's request �orrower s1►aU promptiy furnish to I.ender ����ur fatlsto s rfomt tu��ur --
<br /> ` • IIr Ba�rrower faile to mske these payments or the p�y�ts requited by paragrap Pe Y -
<br /> '''''"�'' cov�nants and a�n.�ements contaiued in this Securlh+ Instcum�n¢� or there is a legal Fmo�orrding that muy sigalflcnn�ly
<br />.-',,,�;,, _ affoct Lender•s riBhts ia the Property (such as a proceed�ng In banMuFecy. for conclemaation or¢�eafurce laws or .
<br /> -, mIIuludons). then I.eader mf►y do nnd pay whatr��r is necessary to prot�t tho value of the Property�d Lender's dghts
<br />;�;'r, in the pcoperty,Including paycneat of taaes.hazard insurence aad other items tffenfloned iu paragrnph 2.
<br />_:'��..',: pny t�uaouats dishutsed by Leader uader tbie paraBraph shell becornd an additionnl debi of Borrower and be -
<br /> _:''��+�`�:�� secured bythia Sec:urlty Insmuaent. 'Ihe�e amounts shalt bear interest fi�:m the date of disburcement at the Note rate.
<br /> '=`-'-`'__ _ and at the option of Lender sht�iil be immediately du�ead payable.
<br /> _-_���=��= 8vu-:,w�r sha�i gramTst23 dixhsrge sa�!�whlofi� grt�rit}r over thia Securitsr Ynsuwneut unless Borrower: (a) ,
<br /> '�:_•��,�i:� ogr�s in wr(tiag to the payment of the obligation secured by the lien in a raanner acceptabie to Lender; (b)contesta
<br /> ��s�;�.� in g�nvd-�Fiuith We lien by,or defeads agatast enforcement c��u�s liea in,le�al proceedings which in We I.ender's agiu�f9n
<br /> ______ ° optzt�te to preveat the enfonement of the tiea;or(c)s�uzrs frona the holder of the tfeu an agreemeant sutisYao¢ory
<br /> to I,endea subordinatln8 the liea�to thts &ac�uu¢y tnsm►meut. If Lender de3emoines thnt any purt of tlie Proporiy is
<br /> -__� aubject to a lien whlch tuay attala priorlty over C7:is Securlry Instnuuent, Leader may give Borrower A mu2ice ident[t�Jlag . � -
<br /> .-�-�Q� the lien. Borrower shall satisfy tha iicn or tako oae or more of the stcUoas set forth above wlthin 10 daya of the glvt�g
<br /> `"�,°.--- of nodce.
<br /> ;�,� 8. Fed� Len,der muy oolte:c2 fees And cherges authorized by the Ser,retary.
<br /> ',.`""'"''a�, 9. �mu� for Aaodeiat�on of Debt. '��..
<br />-4'��� (� Defa�i� Leader may,eacepe as li�ntted by reguludons is5ued by tl►e Secreuuy ia the cose of payment
<br />--- - defa�dts. require immediate payment ia full of aU sums secured by Wia Secudty Iasuument if: ,
<br /> - (i) Botrower defaulte by fafling to pay In fuU aay rtwntbly paymeat requfned .by thte Security InstnimeAt
<br /> - _�=� prlor to or on the due date of the next raontbly payment� or �
<br /> -- ----- (ii) Bomower defae�lts by fail#ng,for u period of thi�ty days,w perforai aay otber obligatlons cont�►ined
<br /> in this Secudty Insttua�eat.
<br />--� -���-� ' (b� Sa1$qtithont Ccodit Apprmv�l, �reader shaU,iPpemniaed bys�pplicuble inw(inclu�'s�„ �ction 341(d)of
<br /> = --- the Ciatn-St. Germain DPpository institudons Act of 1982.I2 U.3.�.1701j-�i�)) �d wlth�te prior appruvnl
<br /> --,';'�-;v�� of the Secrewry. re9uire Inunediate PaYmcnt W iWl of ull sums sectued by c�►is gecwiry Iustrument if:
<br />------_—� (i) All or patt of tho Property�orQ bene���inte�nt,.�� mn8 O�v�ng 8:]ar part of the P[operiy� is sold .
<br /> ____—==� csr t�2'>�tx:.9� lzan..fest�3 (oth..r tt�..n D, - _ -
<br /> - --_—� (i1) '�7►e Ptnperty Is nat accupted by the�p��o bug�antee�rsh r9 cr�di�r hes�not�lseen�approvedt i�
<br /> �===-= purchaser or grnntee does so oocuPY
<br /> K-_-"�°�'�° uce�rdance wtsb the requiremeate of the SCCSetacy.
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<br /> �,,,��?�� (c) No Wiiver. If cinumstanoes aocur that would penntt Ixnder to require immediate pa�e,it �n guSn,but
<br />-=� Leader dces not �quire such paymenta, Leader does aot w�ei;its dghts wltl�respect ta subscquent eveate.
<br /> ::°.�,��.;�,�� (� IRegulattoas oi HW Sacc�m*1t. In many cirrumstoao� r:�e�ulattons issual by the 5l�csetnry w�11 limii
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<br />- �»'-"�:=:f-. Leader's dghte�in the case of paymeat defunite,to requlre immvdiate paymcat ia i�tll and forecloso if aot patd.
<br /> ,='=.R;""" 'l4ils Secudty instzummt does aot authorize aooelemtion or foreclosurE if�t perniltted by mgulatlono oY tho
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<br />''����;•;��� (e�e Nat 1ns�u+ed. Hocrower age�es thnt if Wia Ssxwicy Wstcumcut and cha Note cae aot determiaod
<br />- -t�"��r"�` to bo elia[blo for insura�tce under the Nutlonol Housing Ac�t�°�ue�a�A 60 DAYS �m�Q
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<br />--__�;`��� date hereof. I.ender may.nt tts opttoa requ[re i�amodinu: puy�eent ia flall of aU sums y:cvned by thta Sc�:urity
<br />`_f��"�':� G�stmmeat. A written stntement of c�ny authorized agent of the SExretary d�ted subsc�quent to
<br /> - -�' t-'-`-'` .�w ��vn f«..n�M dnta tu,x,nf cGr]ininfl tn i11S11iC th18 SECIITItY Pl1,tNIRCIIt aad the Note.E���bE!
<br /> --_:�1.�:'C" VV tis+av .....» �. �--' -----.
<br />. �`^"• � deen�ed cortalusive proof of such ineligtbitity. Nornithstandina the forenolag.thia optton muy noi be exerciscd
<br /> ��`�x. � „e,f by L,Ender when the utu►ve[lablitiy ot lnsuranx is solely due to Lender's t�ilure to rcmit c►aiortBa�e insurance
<br /> . ' •; ; pmmlum to tt�e Secretury.
<br /> -Ft7A DligA ON fR1iSl' +—~ �
<br /> ° �, oo,w,m syc�+.ur�AOm awna� Po�e 3 af 6
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