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<br /> � - ��= the loaa aPPlicazion pmcess. ga�e ',r '
<br /> . abandoned Property. Borrower shall alsfl be in defaWt if Borrower, durin8 vide i�nder with aay material = r _.�«:�,-
<br /> . . materialiY false or iaaccuv'ate ittformarion or statemsnts to Leader(or failed to pro � ��tations . '
<br /> r ari � : � .
<br /> infotmation) ia conn�on with the loan evidenced by the Note, including,but not limited to, � � on a �
<br /> of the PropenY as a P�in�'Pal residence. If tWs Se�uin+ 1ns�um� �.:t•,. _`.�.
<br /> ' .. concesning Bosrower's oaupancY ues fee titte to the Prope�►Y,the � ° `. , i .
<br /> .--- -� - leasehald.Hoaower shall coraply with the provisions of the lease.if Bosrower acqu
<br /> unless L.ender agrees to the merger in writing• -. � -�,,� �.
<br /> • leasehold and fee dtle shall not be merged �.:; _
<br /> � 6.Co n d�n a t�on.The pmceeds of any award o�e Pro fertY.��CO�o���of condemnatia a� -.. `'�,�....�'."
<br /> ` . any condenwation or ather takinS of anY Fart of P . :�,�,�-�;
<br /> . . , hereby assigned and shall be paid to Lender w the ext�f the�p���e���� fo�the indebtedness . .". --f.__
<br /> `' I..ender aPPZY '.-= °°`..
<br /> , . �<:';: nnder the Note and this Sec.uriry�nt, 6:st to any delincNeat ammmts applied in the order provided in - �.-�ID°;
<br />- under the Note and this SecuiitY of rincipal.Airy aPPlication of the pmceeds to the piincipal shall not extend or - .
<br /> P�ragraph 3,�nd then w P�PaY�t 8 2,or chanSc the amount of such . —.
<br /> postpone the due date of the monthlY PaYme��•which are teferred to in Parag�b ; '.` ::: ._ --
<br /> mea �ndebtedaess under the Note ancl ttus
<br /> y pioceeds over an amount sequired to PaY a11 outstandin8� , ; :•-�..:-
<br /> � Payments. An excRSS t entitled thereto. ' `''
<br /> - . S�ty�CUment shall be paid ta the entiry �Y Borrower shall PaY all ti�f`�,'= � -
<br /> . ' 7. Charges to Barrnwer and PeotecHon of��a� ��included'upn paragrapb 2. Bomower s4�all PaY • : .,,',{' .��"�;�-
<br /> . , govemmental or municipal chuges,fine.s and impo wauld adversety affect ,,':•;'; . �,�.--
<br /> wtdch is owed the payment. If failure to pay � '::.;�`a=
<br /> � . . '', these obligations on tuae direcclY w the emity �� � Leader receigts :.,=r�.,v��i'
<br /> ' � '' Lender's interest in the PropenY• aPon Lender's request Borrower shaU promPUY j ;:o} :MF�
<br /> .. ... .. . .�.i:..1.,� °,.4-..._
<br /> -, evidencing these paymencs. `:.�"�`
<br /> � �` = If Borrower fu'Is to make these paYme°ts or the payments required bY Parag�Pb 2+or��fl�°� �.,. :..�: . ,.� .
<br /> . � .:``� ments contaiaed ia this Security Ia4wment,or there is a legal proceeding ; � -.
<br /> . : . . ;t.� covenanu and agree in ban�cuPkS+. for condemnation or to enforce laws or ; . �
<br /> .,:-� and Lender's
<br /> : ;�,t;:� affecx l.�nder's rights in the PropertY(sach as a pmczedin8 co mtect the value of the YrapertY ..:� <�:�'.;e�=
<br /> • ,,`." reguladons), then Lender maY do and pay wbatever is ne�s�Y P �.. :;���
<br /> includinS PaYme°t of taaes,hazard�su�0e�other items mentioned'm paragmPh 2. ;���
<br /> '' .� - �<, '�,� , rights in the Properry, : ���
<br /> h sball become an addittonal debt of Borrower and be "�,•��
<br /> . . pny amouats disbursed by I.endes under this paragraP ����1
<br /> ara
<br /> • seaued by tliis Security lnswment.Thae amounts shaU bear interesc from the date of disbussement, at the Note � ' ,r .
<br /> :�;��'�
<br /> . ratc.aad at the option of Lender,shaU be immien wti 2�has prioritylover Wis Security Insavment uniess Bormwer: ,�-
<br /> -�- - . - . - Borrower shall promPUY dlscLarge anY '`,''--�
<br /> ., : ' �n writing to che payment of the obligateoa seaued by the liea In a mam�er����w��' �e . •-,=-"_•-
<br /> � .�'�:. (a)a� . .. .�--�,�.�
<br /> contests in good faith the lien by,or defends against enforcement of the lien in. leSa1 P ,.�_
<br /> � , Lender•s opinton operate to prevent the enforcement of the liea; or (c) secures from the holdes of the liea aa ,,. p__�Y
<br /> . � Insuument.lf Lender determines that any part . •. ,�,._;-�
<br /> . , ' agieement satisfactory to Lendec subordinatiag the lien to this Security ��� �nder may gi � . . :�:�.
<br /> ' ve
<br /> � ' of the PcopertY is subject to a lien whicb may attain priority over this Sec+uity ..
<br /> � gorrower a notice identifying che lien. Borrower shall satisfy the lien or take oae or more of the actions set fasth � .`�
<br /> ' above within 10 days of the givin8 of nodce. `'•��'�'=
<br /> � ` �'::.
<br /> . . �.Fees.Leader may collect fees and charges authorized by the Secretary. - __ _
<br />' 9.Groun�s for Acceieration of Debt. .: •
<br /> . . . (a)Default. I.cuder rnay,except as limited by regulaaons issued hy the Secretary
<br /> ,in the case of payment
<br /> �' � • • defaults,cequire immediate payment in full of all swns secured by this�Securiry�bytn�enS i�f'.�ty J���t . , , ~.
<br /> �` (i)Borrower defaults by failing to pay in fu11 any monthlY P� � '�� �,_
<br /> , � prior to or on the due date of the neat monthly payment,or . '.'.
<br /> s to erform anY other obli tions contained ?�'�''�
<br /> �
<br /> • � (ii)Bonower defaulu by failin$,for a periad of thiny daY . P .
<br /> � ' in this Security lnstrument. � ]icable law(including Secdon 341(d) .
<br /> �' � (b)Sale Wtthout Crerlit Approval.Leader shall. if rnutted by app
<br /> of the Garn-St. Gennain Depository lnstituti aas A�ct in full of a11 sums secured1bY this Security instmmen� . � . .
<br /> ' � approval of the Secretary.re9uire immediate p ym
<br /> , � ` � if: 3��,f�.Fi . . . : .
<br />.� •� . .. � Paye 4 0l 8 tNU�1!'u�_" . . . .
<br /> . • �-0RINEI iesoai.o� .
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