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201009336 abandanad Property. Barra�ver shall nlsa hc in default iF Borrawcr, during tha loan app!(caCian procrss, �ave mnterially false or inaccurutc informAtian or stutemenls to Lender (or Fuiled ta provide Lender with nny mnterinE infarmatinn} in conneclipn with the Iaun evidenced hy Ehe Nvt�, including, 6ut not limited to, representtttivns cancerning Borrower's nccupancy of the Praperty �s s principnl residence. If this Security (nstrument is an a lensehold, 13orrower shall camply with tho provisio�s af the Ic.�se, l� C3orrntiver acquires fec iitle to lhe Prnperty, the leasehald anct Pee tiClc shull not bn rnerged unless T�endar agr�es lo the merger in �vriting. G. Cnndemnutipn �'he proceeds of pny Awrard or clnim far damsgcs, direc� ar cnnsec�uentiul, in connectian with any cnndcmnation nr uther tuking aF any part oF tltc Praperty, or Car aanveyance in pluce nf cnndemnatipn, are hereby assigned and sh�ll be pnid tn Lender to the extent of the full amnunk aF the [ndebtedness thnt rem�ins unpttid under the Nate and thts Security Instrument. Lender shalt apply such pracceds to the reduction af the indebtedness under the Noie �nd Uzis Senurity lnstrument, first to any dclinquent umaunls applied in the order provided in purugraph 3, nnd then to prepnyment of principal. Any flpplication of the prnceeds to tha principal shali not extend or pastpane the due date of the monthly payments, �vhich are referred to in paragraph 2, or change the amaunt of such payments. Any excess pruceeds over pn amount required ta pny all outstandin6 indebtedness under th� Note and this Security Instrument shAll bo paid to the entity [egnlly entitled thereto. 7. Cliarges ta Borrawcr und Protectian oi Lender's Rlghts in the Property. Borrower shnli pay nll ��vcrnmcntt�l or muniGipnl chur�es, lines apd impasitions that are not includec) in puragr�ph 2. I3orrower sliull puy thesc obligations on time dircclly to the entity which is awed the pnyment, tf Fnilure to pay wauld edvcrsely af�'ect Lencl�r's interesl in the Yroperty, upon Lendcr's requcst Borrower shall promptly furnish ta I..ender receipts cvidenaing these payments. [F Ciarrawer fails tn muke these payments or tha payments required by pprugruph 2, nr fuils ta per{'orm any ather covenants and agr��ments oontainerl in this Sacurity Instrumeni, ar there is a Ie�al praceeding that may signil�inantly nffeat Lender's r[ghts 3n the Prnperty (such �.s a procceding in bankruptay, far cnndcmnak[on ar ta enFnrcc lews or regulatiuns], then Lendcr muy ctn und pay whutvvor is nacassary la protec[ tho valuo of tha Praperty and Lender's ri�hts in the Property, including paymant ai'taKes, hazard insurance �d nther ltems mentioned in parngraph �. Any amounls disburscd by Lender under this parngraph shall hecome an additional debt oF Borrower und be secured 6y thia Security instrument. These amounts shall hear interest t�nm the date of disbursemcnL, at U�e Note rate, t�nd at the option of Lendcr� shall be immedintely due ond payable. • C3arrnwer shall prnmptly discharge uny lien which hus prioriry over this Security lnstrument unless Borru�ver: (u) ugre�es in writing ta thc paymenl o(' the abligatian secured by tha licn tn a mnnner �cceptable ta l.ender; (b} cant�sts irt gpad fnith tha lion by, or defands against enforcamant af the lien in, legal praceedings which in the Lender's apinian nperala ta prevent the enfarcement nf the lien; ar (a) seaures from tha holder of tlie lien pn ngr�ment sndsl'nctnry to Lender subardinncing the lien ta this Security Instrument. If Lendar dalermtnes t}rut nny part of the Property is subject tn � lien which mny uttuin prtortty aver this Sccurity Instrument, Lender may give Borrower a natice identifying the lien. I3arrower shall entt�Cy the lien nr t�ke one or mvre of tha nacions sek fartli abave wikhin ln days af the giving of nntice. 8, Tecs. Lender rnay enllect t'ees and charges uutharizcd by lhe Secretary. 9. Gruunds for Acceleratton af De6t. (u) Det'ault. Lendcr muy. except us limiled by regulations issued by the Sccretary, in tha casa of payment defnults, requira tmmediate pnymcnt in full af ull sums secured hy this Security Instrurnent if: (i) Borrower defuults by failing to pay in full any montllly payment required by this Becurity instrument prior to or an the due date af the ne�t manthly payment, or (ii) Dorrowcr dcfuults by failing, for a period of thirty days, to perform any other nbligations cantained in this Security [nstrumen�. (b) Sule Without Credit Approvnl. Lender shall, if permitted by applicabla law (Including Section 3�i1{d) of the Ggrn-St. Germain Dep4sitory tnst�tukians Act of 1983, 1? U.S.C. l7Qlj-3{d)) �nd with the prior approval nf'the 5cxrctary, requira immediate payment in full af' a11 sums securcd by this 5ccurity Instrument i f: 2D10-7616468 9U0049700�1'l7S35'tZ � 9964 ir��i�: VMP�-4N�Nq �a4or).ai Papa4 af 8