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<br /> Borrower shall also be in defauit if Borrower.durin8 tGe loan application process,gave materiallY false or inaccurate . .' . -
<br /> informatinn or statements w Lender(or failed w pmvide L.end�r��anans con�ceming Bo�rower's�o upa cy of the , , . � • .s
<br /> — loan evideuced by the Note.inctading,but not limited w, reP � -- ; -� --,-- -.---,---�=-.
<br /> pm�cc�, as a principai resideuce. If this Seauit5' Ins�ent is on a leasehold, Borrowec s h a ll comp ly w i t h t h e . ' .
<br /> provisious of the lease.I:Borrowa acquires fee titte ro tt�e PropeatY,the leasehold and fee title shall not be meaged . , ^. �
<br /> �less Lendea agxees to the ma8a in wri6ng. or wnse4uential.m connection with � , ' '' � _
<br /> of arl award or claun for damages.direct k .... ��;�--
<br /> b.Condeuanat�an.The P�S y of the Pro�ertY,or for conveyance in p12ce of condeamarion,are heceby 4 . -
<br /> of any Part n : . �
<br /> any condemnaiion or other tal�g �. . � . .
<br /> • assigned and shall be pa�d w I.eader w the extent of the f�ll amount of che indebtedness tLat remains unpaid under the
<br /> Note and this Sec�rity Insuument I.ender suali ay'�i tY suc�P�W ttse rectucuon of the indebredness 3,and then to �("—�---. � s,`-� —��
<br /> vided in paraBraP _T".�`,;:.r,
<br /> and this Security TnstrumenL�to any delinquent amounts apPlied in��� d ar posq�one the due date of the l .�-,. • . � �:
<br />' prepayment of principal.Any aPP�icatinn of the pmceeds ro the principal -_.��
<br />" • monthly paycne,nts.whicb are ref�ed t°in Pa��Ph 2,or chanSe the amount of such payments. Any ezc�s p�'�
<br /> �._.4.s�.,.=-
<br /> all outstanding indebiedness under the Not�and this Securiry InsKrument shall be paid to ,�_ . . „=;�;;r;::-=.,___
<br /> ova an amount required w 1raY � , , ;.� `:�
<br /> ��':� -�k'-�.,.—
<br /> the earity legally entitted thaeto. Borrov�� shall PaY � . ,. ` `'.:
<br /> 7. Chs�rges to Borrower aad Protediaa of Lender's Rights in the Pcoperty..Borrower shall PaY ihese � ..:�=�
<br /> � fines and impositions that are not included in paragt'aP •�.�,-..�.
<br /> . goveaamenial or munic�pal harBes• ent If fa��ue to paY would adve�sely affect Leader's �_ : . '�_."—' --
<br /> obligauons on time dire�flY to the endty which is owed the paym ., L :�:.-+�4 °.--�
<br /> n Lender's request Bonowec shall pmmptly fumssh to Lender receipts evidencing these ,::��,�••,. -
<br /> interest in the Property. upo ` � - -
<br /> ��I�f Bonowa faiLs to malce these paYQ►ents or the payments recluired bY Fa�'dPh 2.or fa�s w perform any other i� ;;=
<br /> " w w n an t�a n d a g r e e m e n t s c o n t a i n e d in diis SeauitY Iasuumenb or these is a legal PmceedmS tha��y �S��ay ..._.r.�.` ,,,��'
<br /> . h as a ' g in baalauPtcY,for con d e m n a t i n n o r t o e n f o r c e l a w s o r •,�.>; , ..._Lz i,��.°;���: •.
<br /> a f fec t L e n d c,r's ri g,h i s i n t h e P r o p e r t y(s u c P�� rotxt t he v a lue o f t h e P r o p�t y an d L e a d e a s n g h t s = , � �_..--
<br /> regulatiflns),then Ixnder maY do and pay whatcver is necess�y to P '' .`;5a;:' � '�-_
<br /> '. ' ent of taxes,hmard insvca�ce and other items mentioned in paragraph 2. . +3� -.
<br /> ;. m the Pcopeaty,includinS PaYm h stiall become an additional debt of Bormwer and be .:�:
<br /> Any amounts disb u� by Lendea under this paiagtaP �:�`... �.
<br /> '� secured by this Securitl+Insbrument'Ihese amounts shall bear inta'est from the date of disbursement,at the Note rate. :, °,
<br /> shall be;mmediarcly due and payable. ` .�,'.;��
<br /> and at the option of Lenda, Instnunent unless Borrower.(a) ' ��;.� •;'+ . �_.:
<br /> • ' Bouowea s h a l l PmmP t ly d i s c h a r g e a n Y fi e n w t ri c h h a s priori ry over this Se�ty � : .
<br /> agrees in writing to tbe payment of the obligation secured by the lien in a�?a scceptable tn Lend�;(b)con t e s t s i n `r"�' . •A� :: -
<br /> . • ood faith the lien by.or defends against eaforce�ne�►t of the tien in,legal PTOCeedinSs which in We Lender's opmion ;�;
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<br /> op��w prevent the enforcement o f t he li e n;o r(c)s e c u r e s f r o m t h e h o l d e a o f t he li�of�Pro�perty factoiY to I :.._
<br /> �s sub'ect m � :�..-.
<br /> _ Leatdc�suMrdinering t he lien w t b i s Se�uri t Y InsuuT°ent If Lenda detcrmines tt�aL any p t he l t e a�. . ��
<br /> a lien which may auain priority over this Se�anntY Inswmen�,�der maY Sive Boirower a notice i dentifyin8 :�
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<br /> Baaower shall satisfY the lien°I taSce one or more of the actions set forlh above within t0 days of the�ving of naace. '.�� _ .� .f,,
<br /> 8.Fees Lendea may collect fees and charges authorized by tbe Secre�rY• ^4 : .'. . • ��y,,,�
<br /> 9.Grounds tor Acceleradun of Deb� �� �e�ase of payment -- --- �'
<br /> • (a)DePautt.Lender may.except as limited by regu1ations i�sued by the Seaetary � •������ , - --
<br /> ertif: �,���;;'°-_-"'__--
<br /> defa�ilts.requ�e immediate payinent in full of all sums secured by this Securtty Instrum
<br /> (�Basrowa defaults by failin8 to PaY in fWl any monthly PaYment ce9 u i r e d by this 5ecuriry Inswment '°��__ •_�,:
<br /> prior to os on the due date of the next monthly payment,or
<br /> • (n)Boirower defaults by failing,for a paiod of dwtY daYs�to Pe�orm any other obligations coniaii►ed in � ; __
<br /> InsVtunea�s �.�
<br /> � �S�ty tted by applica6te law(u�cluding Seaian 341(d)o f ::_�„���`_�
<br /> (b)Sak W6Woat Cre�lit ApProval.Lender sha11,if Fami -". —
<br /> � ' TIISVI1T11Cilt If: •'yr�- '
<br /> VeI Of �_. �..,.
<br /> � �e�_g�,G�nain Depositnry Insdtutions Act of 1982,12 US.C.1701 j-3(�)and with the p�ios appro �
<br /> .. ihe Secreta�Y,require immetiate payment in full of all sums secured by this Sec�uity y�:�,-r:._".i��._,�. •._
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