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<br /> �� abandoned Properry. Borro�ver ahall ulso be ip default if Borrower. durjnB the loan application process. gave ��
<br /> matedally fWse or innccurnte informntion or statements to Lender(or inlled to pmvide Lender wlth Aay raaterlal �°!`.
<br /> Information) in connection with the loan evidenced by tha Note, including,btu not limited to; repres�ntatlons •
<br /> � conceraing Bormwer's occupancy of the Pr�aperty as u principal residence. If this Security Instrumeat ia on a �"
<br /> ., " leasehold.Bonower shall camply with the provtatons of tho lease. lf BorroweY acc4ulres fee tide ro the Property,the �'`'
<br /> -,.:.,,-=�:.��' leasehold aad fee title shall not be merged unlcs.g Lender aAc+ees ro the merger fin�vrfltfng. ;�
<br /> 6.Condemnatian.The proceeds of nny award or clnim for damn�os,direct or conseguential,in connestioa with . ,�;
<br /> any candemnation or other taking of aay part of the Property, or far conveyeace in place of condemnation, are •,
<br /> hareby nssigned and shall bs paid ro Lender to the extent of th�full arntouat of the indebtedaess that remalns unpuid •_,
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<br /> under the Note aad this Serurlry Instrument. Lender sha11 apply such proceeila to tde reduction of tde indebtedness _
<br /> under the Note and thia Securlty Instrument. first to eny delinquont �maunta applied in tho arder provided in
<br /> .� ,� porngrnph 3. and then to prepayment of principal. Aay applicAtion af the proc�ds to the principal ehall not extend or
<br /> , ;;,;�.�• pastpone the due date of the monthly paymeats,which a�re4'ened to in paraIIreph 2. or chnnge the atnoune of such �'�'
<br /> .� ��*•�s,�. payments. Aa�y exce3s pmceed,o aver an amount requiced to pay all outstandtngindebteciness undee the Note and this .:
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<br /> , ;, Securlty instrumem shall be paid to the entity legally entided thcreto. �t4..
<br /> � ;'.� 7. C6u�es t�a Bor:awer and I'ratcsRton oP E.ender's E3tghhts in tbe Pmperty. Borrower ahail pr�y ail `•"'-'�-
<br /> ��``'�'� governmentN or muaicipal chargea. flnes and impositiona¢►yat are not Included fn paragtaph 2.Borrawer shall pay �
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<br /> y . these obligationa on time directly to the enttty which is owed the payment. If feilure to pay would adversely affect
<br /> ,� Lender's interest in the I'mperty, upon LRnder's request Borrower ahall promptly furaish to lxnder receipts _
<br /> ' �� evidenct�g these paymenta. — ,
<br /> ;� If Bomower f�ils to make these payments or the paymems requlred by psuagraph 2,or fails so perfurm any other f.-T
<br /> covenaats end agceements contniued in this Securlty Insuument,or there is a legal praceeding that may significautiy �r�.
<br /> � � af�'ect Leader's dghts in the Property(such as a praceedtttg!n battkcuptcy, forcondemnation ar to enforce laws or
<br /> re�uladons), thea Lender may do and pay whstever is a�asary w pmtect the value of the Property and Lender's .;�;>
<br /> � '�:� r�ghts ia the Property.including payment of texes,hauud ieaurauce and other items mendoaed in paragraph 2. -.-
<br /> ; My amounts disbursed by Lender under this paragraph ahall become an addtdonol debt of Borrower and be
<br /> fi��;�}o��t;��Ri, T!t?�a�n»�ta chAli hear tnterest from t6e dete of disbursemeut, at the Note �"�-
<br /> �, rata,and az�he apdon of Lender.shall be immedtatel.y dua and payable. e.-
<br /> � �� �iorrower ahall proraptly discharge any lien which ht+s prIodty over this Secudty Insuuwenc wiless Borrower: F `-"
<br /> (a) agrees in wrlting to the paymeut of the obligation secured by the lion in n manner accPptable to Lender; (b) ��
<br /> • . conteats in good faith the lien by. or defends agalnst enforcement of the lien in,legal pmceedings wbich in tbo �=
<br /> � Lendor's opinioa operate to prevent the enforcement of the lien;or (c) secu+es from the holder of the lien an =
<br /> tUgreement satisfactory to Lender subordinating the lien to this S�curlry Inatrument. If Leuder detem�iaes that any part `�
<br /> � ' of thd Praperty is subject to a lien which may attnin priorlty over this Securtry Instrument, I.endar may give �"
<br /> � ° �^� Boaower a not(x identifyWg the lien. Bonower ahulI satlsfy the lien or take one or more of ttee actiona set forth C-_
<br /> , �, abave wit�tu 10 d�a of the glving of aotice. �' �-
<br /> S.Fers.LsnAQr may collect fees and charges authoriud by the SSCretury. F-
<br /> - �' 9.Grounds[or Acseleration of D�bt. `��
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<br /> -- . (u) l?e[nuIt. J�ender may.except as iGnited by regnlations issued by�he Secretary.in the case o puyment _
<br /> �` ` °;�: defaults,t�quittt+immediate payment�n fuU of a11 aums securod by this Security lnsmunent if: ��,:
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<br /> , (i)Borrnv�es de4'aults by failing ea pay in full any monthly payment requi�n�d by this�scurlty Insttument
<br />'-, . . ,,� �.� prior to or on tl�e due date of the naxt atonthly payment,or �`-�
<br /> ��t���`•. �ii)Bors+ov�er defaulta by failing, for a period o�thirty days,to pedorm airy other obligations contained ,��._
<br /> �• •.,••,. - in this SecurIty Instrument. �-�•
<br /> (b) Snle Withaut Credit ApprovN. Lender shall. if permitted by applicable law(is�cluding Sectton 341(c3) �`-
<br /> :_ �� `•�,.� of 4�e Gern-�t. t3etm�in ne�sosirory incrituttons Act of 19fix, l2 U.S.�'. 170i}�3(d)) anfl wtth the pric�r �__.
<br /> �.,' a�i�ruval vT the S�crctsuy�rc9uim immcdfate pnyment in ful3 af all sums�ecurcd by this Sewrity In.,^uutnrnt �_
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