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<br /> v�"�',.'_...-, abandoned Pcoperty. Bonower aball alao 6e in default if Boacower, during the loan applieallon proass� gave =
<br /> - materially false or inaccurate infom�atiou or statements to Lender (or fatled to provide Lender with any matedal _
<br /> __ ,_ _..� iaformation) in connecNon with the loan evideuced by the Note, includiag. but not limited to, repnsentations _
<br />-- � concerning Bonower's accupancy of the Property as a prirtcipal resiaence. If this Securiry Insuun►ent is on a
<br /> leasehold,Bonawer shall comply with the provisioas of the leasc.If Borrower acquirrs fee dde ro the Property,thc _
<br />�`�' `' '�' �� leaschc�Sd and fee title shall not be merged unlass Lender agrees to the merger in wdting.
<br /> ;,,�-L�., : b.�ondcmnxtion.The proceeds af any award or clafm tor damages.direct or Gonsequential. in connection with
<br />'r�--:�. any condemnatIon or ather takinv of aay part of the Pcaperty. or for coaveyance in place af condemnntlon, are
<br /> :;-;>.,,..�� hereby assigne,d antl shall be paid to Lender to the�atent of the fuU amount of the indebtedness that cemaine unpaid
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<br />_._��,�, under the Nate uncl�his Security Instrument. Leader shall apply such procceds to the reduction of the indcbtedness
<br />- under the Note and this Secudty Instcument, firat to eay delinquent aznounts applied in the order pmvidcd in
<br /> '''��°�'-� ` par�raph 3,and then to prepaymsnt of principal. l+ny application of the pmceeds to thc principal shall uot extend or -
<br /> % :7:.•.ur_�:�.
<br /> ,�.���Y�' postpane the due date of the mont5ly payments, which are nfesed to in paragraph 2,or change che azaount of sach _
<br /> __ payments. Any excess proceeds ovet an amount required to pay all ovtstanding indebtedness undcr the Note and thls
<br /> ��=��.�a---� Sacurity L�strua►ent ehall be paid to the antity legally endtled thereto.
<br />-�_'�;�;;�'� 7. Ctwrges to Borrower and Protectton AT Lendu's Rlghts ia the Proper2y. Borrower shall pay all
<br />--- gover,nraental or municipal charges,fines and impositioas thnt are not iacluded In paragraph 2. Borrower shall pay
<br /> �=?� these abl9gadons on time directly to the entiry whlch is ovs�ed the payment. I_'f�llure to pay would adversely affect
<br /> --���■ Lender's interest in the Property, upon Leader's request Borrower shall pmmptly furaish so L.cnder re:celpts
<br />--- - -- — OViucui.iug'�"i"v-58 y�aj'III�IIZS.
<br /> -���� If Borrower fuila to make these paymenta or the paymenu requircd by ptuagraph 2,or fails to perform aay oil�er
<br /> --'�:� coveaanrs and agreements contained in this Securlry Instrument. or there is n legal pruceec[ing that may aignificantly
<br /> -.._-v� affect Lender's rights in the ProPanY (such ag a procaoi�g in bankzupicy. ior�vinicui�idtiOA GY ia�ufor�::.�o or
<br /> ---- reguladons). then Lender may do ead pay whatever is aecessary to pmtect the value af the Properry and Leacier's
<br /> �i- - dghta in the Properry,including payineat of taxes,hazard insurance and other items a�entionod ln paragraph 2.
<br />— �•���a Any amounts disburaed by Lender under this Paragraph shall became an additional debt of Boacower and be
<br /> - secutod by thia Secudty Instrument.7[bese aanounts shall bear Interest from the date of diabursement,at the Note rate.
<br /> - :�;�� and at the option of Lender,shall bc immaliately duc end payable.
<br /> = Borrower shall promptly disc�arge aay lien which has priority over this Security Inat�nt unless Bon'ower:
<br /> _ (a) agras in writIng to the pAyment of tha obligation se�ured by the lien In a manner acceptable to Leader; (b)
<br /> contests in good faith the lien by, or defeads against enforcement of the liea ia. legal proceedWge which in the
<br /> - L,ender's opinion operate to pr�vent the enforcemont of t�e lien; or (c) secur�s from the holdar of the lien en
<br /> agreement satisfactory to Lendcr subordinating We lica to thie Sccurity Insavment.If Lender detemiines th�i any parc
<br /> of the Propecty is aubject to a lien which may attaia prlority over this Sccurtty Inssr�ment,Lender may give Borrower
<br /> a notice idendfying the lie�. Borcuwer shall satisfy the lien or taice ane or more of the actions sGt forth abovs within
<br />_ 10 days of the Riving of notiCt.
<br /> � 8.Fees.I.Ender may oollect fees and charges authotized by the Secc�etnry.
<br /> - �.Grounds tor Accda�r3l�nn ot Debt.
<br /> - (a)DeiaWt. Lender mny,aACept a9 limiud by regulations issuad by the Secretary, in tho c�se of payment
<br /> defaulte,require immediate payment In fitll of all sums�ecured by this Socudry Iasnument if:
<br /> (i)Bonowcr defaults by f�tling to pay in full aay monthly paym�nt cequired by this Sxiuiry Instrwnent
<br /> prior to or on the due date of the ueat monthly paymcnt.or
<br /> � (ti)Borrower d�faults by failing,for a period of thirty days.to perform an)other mbligations contained
<br /> jll I�1�9$CCUfjtY�DSifU111CIIt. -
<br /> (b)Snle W[thout Cred�it Approvpl.Lender shall,if pemiittal by applicable law(includlag Section 341(d)
<br /> of the Garn-St. Germain D�pository Insdtutioas Act of 1982. 12 U.S.C. 1701j-3(d)) and with tha prior
<br /> appmval of the Secretary,require�mmediate payment in full of all sums sxured by this Secvriry Insuum�nt
<br /> �___.� if:
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