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�� _..�._�� -_- -- - -- �-{ - - - •-_ =-� A ' - s = .�__. , . :�_..-- , ,._ �� - � ----�.��:r�-___ ._. . --- - - - --=��.,.-��-�r»--____�___ . •'h•• __ _ __ ___ .._ 96- �03..'�3:� . •rbaixl��rx�J Pr��cty. k3urn�wer �hall al�o bc in d�fault iP ki��rr"wcr. during tlx� lu:ui :µ+pliration pnxti�c, ga�'c nut:n::ll}• tnla: ��r iiti:u�urat� infu►n�+tian ur >tat�nknt� t�� l.r�ufcr(��r fa+led to l,ru�idc Ex��.t.r aith uny matcr��! infomutiunl in �un�k�:tii,n �►ith tik lcun cvidr�x�! hy !lk 1V�u.. irutwlut�;. but tx�t limitc�l t�►, rcprc�cntatii�ns _ eun.erning &�rtu��•er's �xcu�aiu}� uf tlu Prapen)' as •r pri�kipal reaiJe�xc. IC ihi� Scrurit}� h�..irumcnt i� ��n a _ Iw.klwlJ. �uraw•cr sf�:sit cut»pl� vFith th:p�oti•i�iunc of the Itase. If Fs�xmw�er;uyuires fee tiUe to tt�e Pn�perty. Ihc _ IwseholJ and fcc title shall not be merged un�es�Lc�xfer agrccti to the mcrgcr in w ritin�. 6.Coudemi�ttoa.'fhe prucc�s of:u�y aw•ard or riaim for cia»uges,direct or cansequentisl. in romx�ctioo wi�h _ am co�xlenu�tion or other t�l;ir�g of anp part af the Propeny, or fi»• eonveyarice in place af' roixienuwtic�n. ;u�: hcrrhy a.csigned and slull be paid to Lender ta the eztent af the full anuwnt of the ind:btednes.�that ren�:+inc unpsiJ under the Note au�d this Sccvrity Inctn►ment. Lender��u+l�upply such prc�ce�s to the rnluction af Ihe i�tidebtedness u�xlcr th: Note and this Security Instrument, fi�st to any dclinquent anuwnl� applial in t1u` or�ler provicicd in paragraph 3.and ttun to pr�payh�ent of principai.Any application af the pruceeds to the principal sl�all not exte�d�r postpone the due daee of'the monchly payments, which are refcrred to in paragr.iph 2. ur change thc:u�uwnt af such =,ayme�us. Any excess�rocceds o�•er an�nu�unt required to p�y all outsta��ding indebtedness under thc Note and this Security instrument shall be paid to the entity IegaUy ent�tted inemio. 7. Chs�r�es to Borro�et nnd P�ntectioa of i�wde�'s Ri�hts iu the Properly. Borrawer �hull pay all �ovemn�ental or municipal ch•rtges, fines and impositia-tis ihat ue iwt included in p:uagr�ph 2. Bonower shall paY these oblig�tic�n,;on time direcdy to the entity which i� ou•ed d�e}tit rnent. ►f failurz to pay w•o+ild adversely affect Lender's interest in the Rroperty, upon tx�er's request 8u�wwc+ y�11 promptl) fumish t� ��nde� rc�i�ts evi�ncing these paymena. if Borrower fails to malce these payments or the p:r}�n�ents require�l by paragraph 2,or fails to perform any other covenants and�reements contained in this Security Instrument, or there is a leg.al procoeding that may significantly sffect I.ender's rights in the Praperty(seuh as a pra'eedi�8 �°b�n1:'vPicy, for condenu�ation or W enforce laws or regulations).then ixnder may dc• arid pay whatever is necessary to ptotect the value of the E'ro�erty and La►du's rights io the PropertY. includin8 paYment of taxes.hazard insurance and other items mentionad'ut Pa�".►8raph 2. Any amounts disborsed by Lender under this paragraph sha1� becon�e a� :�1d►tional de5t of Battower and be secured by this Security Insaument. Tbese amo+�nts shall bear inttrest from tiie date of disbuisement. at the Note r�te.ar�d at tlre option of Lender. shall be imr«ecliately due and payable. Borro�xer shall promptlY discharge a�}� lien which has priorit} o�er this Security Inst��unless Borrow'er. (a)agras in writine W the pzymet�t of t1e abligation secured by the lien in a matuier xce�*:;. to Lerxier;(b) contesis i� good faith ttie lien by. or defends againu enforcerx�ent of the lien in, legal proce+xlings which ia ttse I,.eader's opinion operaee to prevent tbe �nfoicement �f the lien; or (e) secums from the holder of the tien an �,grceinent satisfactory to L.erder subor�¢�tin8 the lien to this Serurity Instrumeni.If Lender detennines thu znY P� � vi iiic �µ..r :s �;» !�a ��="� "�+:�h n�y attain priority u�rer this Security Insituroent. L.eadu may give - Botrawer a notice identifying the lien. Eorruwei'shail satisfy thc lien or taSce one or rtx�rc o. the xtions..et fw�m above with'sn IQ day�of the giving of notice. 8.Fea.Lender m�y coikct fees and cf�arges authoriied by the Secretary. y� 9.Gruun�k far Aeoeteratioa ot Debt. " (�j DefaWt. l.erxter may.except as limited by regulations issued by the Secrctary, in the case of Paytn�nt '. defwles.�equin immdiate paymeru in full of all sums sccured by this Securiry Inurument if: �� *n, �r � (i)gorrower defaults by failing to pay in full any monchlY paYment required by this Sowriry._s._�-- , " prior to or on tha dae dace of the next mouthlY PaYment.or (ii)Borrower defuilts by failing.for a period of thirty days.to perfonn any�cher obligations oontained in this Securiry Inurument. �)S�le Witbout Credit Approval.Lender sf�all. if pernutted by apPiicaoie iaw(E�x.lud•,ag Se�tiva 3:1(d) of the Gam-St•Gem�ain Depository Iristitutions Act of iS82, 12 U.S.C. 1701j-3(d)) and with the prior appmval of the Secm,tu'y.re9uire immediate payment in full of all sums secured by this Socurity Instrument if: P�p4dY . � � �X 1 .i