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<br /> ; nbnndlmcA PPCiperty. 14orr��wct rhnll ultio ba !ic dof'uult !f Hotrwwor, durittA thc laa�� upplication process, govc
<br /> mctterinlly Q11co or htr.ccurntu (i�P�+tnuJlon ur ntnlent�ens to l.citdar(nr taNcd to provide I.cnder with �►y materinl ,; �.`_
<br /> � infonnaUoiq in comiccUou wl�h iho limn evi�fenicd l+ry �i�a N�tu, l��uludht�, but nat limited ta, representntions .„..:•
<br /> concorning i4urrue�cr'o oscupnnsy uY �ho Ninperty ns n �rin�s��ml reAldance. If this Sccurity lnatroYnent is on a ':�
<br /> „�:,,a Icaschald,Hnr���war ftih�ill cum��ly wltti�hu pravl�zluno ot thn Ioiu�. 1f�boROwvr ncquiras fee title ro tha Property,the ;,
<br /> •• ° � tenachotd and fcc IUIo ettnl!not hc�mcrElcd unlcae I..en�lor ai�rsen t�e thu morgot in writin�. :
<br /> " �� 6. Cnndc�emntlur�.'t'hu prncccdo uf nny n�aned or clnint for dnn�nnos,direct or wnscquential,in conncction wich '•{� ��
<br /> � " any c�ndenuinttuu or uther lukls�;���P nny pnn uP ttiu I�r�sar�y. or for conveyance in place of cond�mnation. nre �`.
<br /> ' hercby �.asigncd nnd nhn11 tx��r,dd m l�ndcr tn ihn oxtent oY thfs NIl amaant of the in6ebtedness th�t remains unpaid '_��-�
<br /> • undcr tho Note and thin!s'ccurl�y (nal�umcnt. l.ct�dar ohnll. npply such procceds ro tha redact{an of the indebtednass -_
<br /> under tho Nnto aid thfs �ccaeity In�itn►neent, fl�et to ony doli►�qucnt ctmounts npplidd in the order provided in ,;�,.4=__
<br /> „ + pnruQrnph 3.nnd then w ptej�t►ynnnt e�t pthtclpnl. Any aprltcmlasn aP cha proceeds to the principnl ohnil not extend or _
<br /> � " postpmne tho du�dnto ot tttc+uw+nhly pnynecnte, whl�h nr�reterrrd to In pnrnBroph 2,or cl�enge the amount af such _,��_=�
<br /> t � paymente. Any cxceas prucccdR�►vet mi mnaunt requtcrd co pny �ll outetonding lndebtedness under tP�e Note anu thia
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<br /> • Secacity fn�trumxnt shnll h�pnid ta tlw cntity lcacolly entlt��sd th�sreto. '-��
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<br /> • ` 7. Chur�es to �lorrower und P�otcrttot� 08 I,Endo�'a RigtaBA tn the 6'rope�¢y. Borrower sha11 pay aii f„ s�
<br /> • . F� govemmentnl or municipai chargcs, fincs and impasitlann thnt ure not included in peragraph 2. Bona�wer shail pay �a�-�-
<br /> ��: R on timc dircctl to tho enttty r.whlah le owed chu payment. If fi►tluro ta pay would u�versely affect -_
<br /> theae oblinatlon Y
<br /> y� � Lendcr's tnterest in tho P�openy, upan I.cndor'a requQat Barrowcr shnll promptly furnish ta I.�eader receipta �5;_?=
<br /> evidenclna thes6 pnymenta.
<br /> '� If Boreower failn to mnko theao pnymente ar tho n�ym:ante eequired by puraBraph x,or fails to perform anY other �..;_�=-
<br /> covennnta and agreements contained in thts Sec��rhy In�trumont. or thore Is n leBal proceeding thnt may sigaificuntly �v�
<br /> � affect Lender'x dghts ta the Propeny (euch aa n praseedtc�B!n ban(crupccy, for candamnation or ro entorce laws or -
<br /> , � tegulutiona). then Lender may do mtd puy whnt�vor Is aacessnry to protcct tho vutu0 of the Property and Lender's ��-`
<br /> " rights ta U►e Froperty.including pnyment of nutee.hc�r.ard inaur�nco c►nd other itema meneioned in paragraph 2.
<br /> _�__= Any umounts diabursed by l.cnder undor thtn pupuraph shnll become un c�dditiannl debt of Borrower and be �
<br /> ' '� ° �`. secun�ci by this Security Mstrument. The�o amauntc� thntl Oonr ineereec fcom iha 3atv vf�is�urscmcnt,at thc Nase --
<br /> rate.nnd ac che option of Lendcr.ehWl bo immedintaly ducs ai�d pAyabla. -
<br /> " Boaower eboll promptly dischnrge tu�y lion v�Eetch hne priorlty ovcr this Sccudty Instn�ment unlas Borc+ower:
<br /> � �� � ;. (a)agrees in writing to tho puymcnt of tho oblEQatton sceur�:d by tho lten in u monner acceptable ao Leader; (b)
<br /> �- " `�• contescs ia Bood futtt�the lieu by, or de[cnda apni�at cnforcernont ot tho lien in. legol pmcecdings v�hich in the
<br /> ° L,euder's opinion operate to pcevent tho cnforr.eme�nt of tho licn: oe (c> securca from the holder of the tien an
<br /> ° aBroemeat sAtisfuatory ro Lender subnrEinadna tho Ifan to thln�s:cueity lnst�umcnt.If l.ender determtaes thae any part
<br /> � - ° of the Property is subject to a lien which mny attain priority over thia Secudty lnstruraent. Lender may give
<br /> � � �� . Borrower a notice identifying tho tien. Bonower RttoD snttsfy tho licn or take one or mare of the Sstlons set farth ___._.
<br /> above wtthin 10 days of the giving of notico.
<br /> y,;;�rl . ,: ' $.Fees.l.ender muy wllect fces and chnrgca authorizcd by►the Sscretary.
<br /> -`;.:;�sr�� �, • ` 9.(ieounds[or Accctcratfon o!DPb�.
<br /> �-,•.��T w,�•� (r)A e f a u l t. L e n d e r m a y,Q x c e p t n a i t e n i t e d D y r e gulntiona iaeued b y thc Secmtnry, in the c�se of payment
<br /> •�'��"'�• defaults.requice immedlate pnyment in fult otall aumn secuec�by thla Sccurity Inscrument if:
<br /> � ! � (i)Horcower defaults by fatling to pay in f�ll any moutfily payment rcquircd by thla Security Instrument
<br /> �r�• prior to or on the duo date of the nuAt tr�onthly payrncnt.or
<br /> _ _ ,, (ii)Borro�ver dcfnutta by fnilinB.(or a podad ot thlrty dnys,ro pocfomi any othor oDliantloaa contniaed
<br /> -_".- •. in this 5ecurity Instnunent. _
<br /> "-`�" ""`'' (b)Sale Wltliout Credit Approvai.Lcndvt shnli,it permittcd by applica6lo law(ittcluding Section�41(d)
<br /> �Y��.�:Tyj-- of the (3am-St. (�ermain Depossitory Irtotiautio�o Aet ot IS182. t2 U.S.C. 1701j-3(d)) and with tpte prior
<br /> - - . npproval of'the Secreuuy,requlr�inunediateQaymonc in NII of all sunw secured by chis 5ecuriry insuurnc;�a �=
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