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,� � .� . � ,,— �`-- RE•RECORD�D ��—' '�f f 4}��4U 9?� / �J�O�D d s,� .. r;" I � `L�1[' Borrowcr shall also bc in dcfault if Sorrowcr, during thc loan applicauon proccss,gavc mewrially falsc or inaccuratc I � �'�` informauon or s�atcments to Lendcr(or failed to provide Lender with any matcrial informalion)in conneclion with the ' loan evidenced by the Note, including,but not limited to, represcntauons concerning Bon�wer's occupancy of the � ��._• Proputy as a principal residence. If ihis Security Instrument is on a lea.schold, Borrower shall comply with the ' �`-�• provisions of the lcase.If Bonower acqulres fec dde to the Property, thc leaschold and fce tidc shall not bc mcrgcd � �• unlcss Lender agrees to the merger in wrNing, C =_ �� 6. CondemnAtion.'Ihe proceeds ot any award or claim for damagcs,dircct or conscquential,in connecGon with any condcmnadon or other taking of any part of the Property.or for conveyancc:in place of condemnaaan.are hereby ! : assigned and shall be paid to Lender to�hc extcnt of the full amount of the indebtedness that remains unpaid under the I „ �_ Note and thls Security Instrument.Lender sheU apply such proceeds W the mducdon of the indebtedncss under Ihe Notc � and UiLs Securiry Instrument,fust ta any delinqucnt amounts uppUed in the order provided in paragraph 3,and then Yo '�' - prcpuyment of principal.My applicadon of thc proccccls ta thc prirtcipal shall not cxtcnd or postponc thc duc datc of thc mon�hly payments,which are referred w in peragraph 2.or�hange the amount of such payments. Any excess proceeds over an amount requircd to pay aU outstending indebtedness undcr thc Note and this Security Instrument shall be paid to thc endty Iegally endded thereto. ' � 7. Charges to Borrower and Protection ot Lender's Rights in the Property. Borrower shall pay all govemmental or municipal charges,fines end imposidons that are not included in paragraph 2.Borrower shall pay these � obligations on dme directly to the enutywhich is owed the paymen�If failure to pay would adversely affect Lertder's �,�' .,. interest in the Property, upon Lcndcr's requcst Borrower shall prompdy furnish to Lcndcr receipts evidencing these ..�:.:� ' payments. �; ��: y, �"� If Borrower falls to make these payments or the paymcnts required by paragraph 2,or fails to perform any other . 'r -- '� covensnts and agreements conteir►ed in�his Security Insuument,or there is a legal proceeding that may significantly �'�*�_- affir[T �.�d�r's slghts in the ProPertY (s��h es fl proee�ding in b�]�gSCy. for�ond�mnalion or to �nforz�l�ws Qr '�i-::— � regulations),then Lcndcr may do and pay whatcvcr is necessary to protcct the value of the Property and Lender's rights `�!_--- in the Property,including payment of taxes. hazard insurance and other items mentioned in paragraph 2. - - - -- My emounts disb�srsed by L.cnder under thLs paragraph shaU becorne an addidonel debt of Bormwer and bc `.�4� __ securcd by this Securlty InstrumenG These amounts shall bcar interest fmm the date of disbursement,at the Note rate, - and at the option of I.ender,shall be imm�diately duc end payable. r -- Borrower shall promptly discharse any lien which has priority over this Security Instrument unless Borrower:(a) *� a�in writing W the payment of the obligadon secured by the licn in a menner acceptuble to I.ender,(b) contests in good faith the Uen by,or defends again�enforccment of the lien in,legal proceedings which in the L.ender's opinion operate W prevent the enforcement of the lien; or(c)secures from the holder of the Gen an agceement satisfactory w �'�'� Lcndcr subordinating thc llen to this Security InswmcnG If Lcnder detcrmines that any part of ihe Property is subject to '}.--- ' — a lien whlch may attain priodry ovc:r this Securiry Instrumen�Lender may give Borrower a noece idenpfying the lien. 2�rt; Borrower shaU satisfy thc licn or take oncor more of thc acuons set forth above within 10 days of the giving of notice. �__ 8. Fees.Lender may collect fees and charges authori•r.ed by the Sccretary. 9. Grounds tor Acceleration of Debt. (a) Defeult. Lender may, except as limited by regulations issued by the Secretary,in the cace of payment `�-""'q��` � defaults,require immediute payment in full of all sums secured by this Security Inswment if: °1�'�. � (i)Borrower dcfaults by failin�to pay in full any monthly paymcnt rcquircd by this Sccuriry Instrument � ' '�'� >.�`�- ��.: _ , priar to or on the due date o(the next monihly payment,or - � (u)Sorrowcr defaults by failing,for a period of thirry days,to perform any othcr ubligations contained in ----� �:� , this Sccuriry InstrumenG � ��'�'�- (b) Sale Without Credit Approvai.Lender shall,if permitted by applicable law(including Section 341(d)of • � • •-�• • ; the�am-SG Germain Deposit,ory Inslitutions Act of 1982,12 U.S.C. 1701 j-3(d))und with the prior approval of i �.� ;� the Secretary,requ'vc immediatcpayment in fuU of all sums sccurcd by this Security Instrument if: ' • � ; „ � I I . ; � � 4R(N6 (9804)-01 �a e�o�8 �� 0 Indlals. I , _ , � _. .. � .. . ._ _ ._ _.____ -_. __. ..