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<br /> abandoned PropertY. Bflrmwer shall also be in default if Bortower. during the lo� application pmcess, gaYe ,,�: :c.^ ;-_ _`.:__'� `'?`
<br /> �S mazerially false or inaccarate information or statements to Lender(or failed to pmvide Lea�er wi4h an��� �
<br /> informatian) in ooffiettion with thQ loan evidenced by the Atote. igdudiag, b�t nat limited w, reP . � s -; --
<br /> conazmmg Borrower's ocwpancY of the Progerty as a priaicipal resideace. If this Security Ins¢niment is on a . ' ;. °. ;`, ' �`^-
<br /> lease[cotd.Eosower shal!comP�y w�th the provisions of the lease.If Boaower a�quiics fee ritte to the Prop�rry.the . . ..�H,�..
<br /> leasehotd aad fee tide shall not be merged unless I.�uder agrees co the m�rger in aniting. .. `'._:.,;`,-;
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<br /> 6.Cond�aatton.The proceeds of aay awrsd or claim for dama,ges,dimct or consequent�al.i��°��oa with - _ s--�`;__
<br /> or for conv in lace of oondemnaaon. aze , .` ��_-���
<br />_ an y coademnarion or other taidng of aay part of the Property. �ce F ., _
<br /> hereby assigned and shall be gaid to Lxnder to the extent o f t he f n U amo u n t o f t h e i u d e b t e A n e s s i h a t t e m a i n s i m p a i d .•�.;�`•-`-� --..
<br /> under the Note and this Seauixgs inst�vment. L.ender shall appiy snch pmceeds to the reduaion of the indebt�aess -,:�^�. .`•. _...
<br /> w2dces the Nats antl this Se�riry Insuu�znt• 5rst to any delinqaent araounrs agplied in the order provided in . ; ;r.���.=�_"�=.-.
<br /> � .$ uu�z �r.: �-•:__—
<br /> st�all not extead or '� •-�-�:`''�
<br /> Fara�h 3,and d�n w p�of pr�al.Any application of t�e proceeds to the principal s a • �_�•
<br /> PQ�c�s the du��a*_e of the ruanthlY Fay�.s.whfch are referced to in paragraph 2,or change the amount of sucn � :•"'- -- --
<br /> w a all outstaading indebtedurss uader the Note aad this �����"•
<br />- g�gm�ts. A�r euxss pmoeeds ovea an�au�t reqai�ed P Y
<br /> �CU�ty InsmimEnt sha116e�m the ea.tiE}+legally entifled thetew. °��• � •���-�_
<br /> ---�:--:
<br /> 7. CLaigcs to Borro� s� T�m�oa af I.�dds R[ghtg in the P►�peiRy. Borrower shall pay all �r*_ �'`
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<br /> � 2.Borrower shall a `�..�.ti"
<br /> 'f govemmental or municlpal�, �s aa�impositions thas are not iuciuded ia pazagrap would adve�sety affax --- �,�.
<br /> t ' these obligations on tiase ditenEY t�ths e�..."ZY which is owed the paymtnt. If failure to pay __
<br /> ' L�ender's inuzesc in the F�.tY, upOn I.eflder's zequest Bosower sball prompdy turnish to Le�der re�eipts . .�--'�`�_`
<br /> '�� evidaucing th�Paymenu• .� .,=��.�. . . �=' _. -
<br /> If Boaower fails w maI�c�:ese papments or the payments raluized bY P�Ph Z,or fails to perfotm any othes •: �, • ,. i:: .
<br />, ;.,; or there is a 1 al that may signi�CCaady '� q"
<br /> coveaants and agreements wntained in this Stcurity Instrumen� � p�S `���. ,. ., `L__:
<br /> affect LendPr's rights ia the Property(snch as a pmc�ding in banlavptcy, for condemnation or w enforce laas or ,., .���i..�. '°-°°
<br /> regniations), thc.n L.ender may do a�d pay afiatever is necessary w pmcect the value of the Property and Lender's �u�::.:. � �,� :�`�'��
<br /> ,. ,�;.
<br /> and other items msmtioned in paragcaph 2. ��'•-�..�•'.�•::-'--.
<br /> L'P�III$18 PiapCity,inclndia�Fayment of taxes,h�Tdtd inc�iranoe .: ; . ,�
<br /> t�ny amonnts disbursed�l,ender u�er this paragraPh shall i�me aa additional debt of Botrower and be .'.�''• ,•�•.
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<br /> ��by this Secarity Insc�'T"-nt. 'Ihese amounts shall bear Interest from the date of disb�usement, at the Note � <;�`•'. ,..��
<br /> .w�� . --:
<br /> rat.,aad a;the�wtion of Lender,shall be imanodiately due and payable. .
<br /> �a�s�al1 pro�tIy clischarBe anY lien vJhich has priorlty over this Securiry Instrumrnt anless Borrower_ �� .:Cl�.,;:.' -
<br /> to the L,:�.yment of We obligation seta�re�by the lien ia a manner a�cep�bte to I�eader, (b) f��'-
<br /> (a) a?i'�s.in writin8 which in thc -�
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<br /> �in good faith the lien by, or defends against enforoement of the lian in, 1ega1 P��Sg a`•�>'� '—
<br /> f.ex:r's opini9n ope�ate to pzevent the enfo�ement of thc lien; or(c) se�une.s from the holder of the liw an i �.;�+-�
<br /> agrzemeat s�ory to Lender subordinating the lien to this Secaziry Insuumen�df Lender determinea that anY Part .�.�a.e..�:..-._._.--- _��._
<br /> � �-'' '—
<br /> ' of the Pmge�t.y' i> subject to a lien which may aitain priority over this Serurity rn�_en+ I,eader maY give '�°� .:::�
<br /> t�a�wer a noti�e ideatifyin8 the lien. Borrower sbaU satisfy the lien or ta2e one or moie of the actions set forth ._r���',:
<br /> alb�s�witbin 10 days of the g�-ing of noace. ,, _.:���-�..�:�- .-..
<br /> 8.Fee9.Lender may oQ�ea fees an�charges anthorize�by the Secntary• �'"— � _ ._°"�"� �
<br /> 9.Gro�ds for Aoceleratlon o�II�� -,�-T.-, =_=:'::-_:::
<br /> � i (a)Defs�n[t.Lender may. exccept as limiud b re ons issu�b the SeceetarY, in the case of payme�t .;; -��
<br /> � R defaults,ie9uine�i�a=�te FaYment in full of all sums seruied Dy tWs Securiry Insuument if: �:�f�_�.-'.••�;;�;,�,�
<br />. . ss3"�'�,...
<br /> � (i)Borrower dr��ults by failing to pary ia full auy monttilY PaYment recl�hY���tY Inst�u�eat - -- ---:;.-;,s•.-..."�„
<br /> � � prior m or a��rr:due date of the next moattily payment,or "'�F'�'P
<br /> �� (i��l�aower defaults by failing.for a period of thirty days.to perform any othet obligations cantained ��,�:f:.�+ri".
<br /> . � in c[�Securiry Insaument. 'f�'S`��.
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<br /> • (b)Sate Without Cr�il[i Apyruval. lxnder shall, �f pezmitted by applicable law(insluding Section 341(d) _ �a .:
<br /> of the Gata-St. Germain Deposiwry Institutien.� Act of 1982. 12 U.3.C. 1701j-3(d))and with the prior __-;..Y..:�_�•• --.°
<br /> � appmval of the Secretary.r�uire i�e�e P3I��t in full of all sums secured by this Security Insn�..t �- -.�.--�..-.aR=:;—
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