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<br /> abandoned Property. Borrawcr shall dso be in dcfault if Borrower, during the toan ppplicuion proce�e, gave
<br /> materlally false or inaccurAte info��nation or stauments to Lender(or failed ca provide I.�nder with any cnued�l
<br /> information) in connection with the loan evidenced by the IJote, includtng. but not ltmited to, r�presentatlons
<br /> concerning Borrower's occupancy of the Properry as a principai resicltnce. lf this Security lnsuument i� on e
<br /> leuehold.Borrower sh�ll comply with the provisions of the lease•If Borcower acquires fa title to the Property.the
<br /> leosehold and fee dtle shall not be merged�►nless 1.ender agras to tha merger in writing.
<br /> 6.Condemwtion.The proceeds of any Award or claim for dunaga. direct or coasequential, in connectloa with
<br /> �ny wndemcudon or other taking of u►y p�rt of the PropectY, or for conveyance in p1+ce oY cand�maat�on. are
<br /> hereby usigixd u►d shill be paid to I.ender to the extent of tbe full amount of tljee indebcednrss thu Km�i�u�►P�d
<br /> under the Nate and this Securiry Instn�ment. Lender shall apply such procads to the reduction af the indebcedness
<br /> wder the Not� and th�s Security Instn�mei►t. first to aay daliaquent ui►ounW ApPlied in the order providexi i�► -�
<br />: pnagr�pL 3,a�nd then to prepaYment of principal.AnY apPlicatton of the pmoeeds to the princlp�l sh�ll not eatcfld or
<br /> postpone the due date of the monthly payuieats, which aze referncl to in paragcaph 2. or change the amount of such
<br /> p�Ymenta. My eacess proceods over sua nnwunt ruluind to p�y all outatu�ding indebtalness under the Note uid thls
<br /> Secv�Ity Iastiument shall be paid to tha entity legally�ntiUed thereto. ��wer sh�ll pay all
<br /> 7. Chutes to Borrower wd Protection of I.emkr's Rl�hte in the PropertY� 2. Borrower shdl a
<br /> � govemraeatal or municipal chuges. Cines aud imposidom Wit an not inclnded in arag�ti P Y
<br /> , �hese obliguions on time dlrecdY to tht entity whlch is owcd the paya�ent. If failure to p�y would s�versely xffoct
<br /> Lender'e iaterest in the Prope�ty. upon Lender's nquest Tiorcov�+er shall pmmpely fumish to Lcader recxipts
<br /> evideacing thae p�ymeats. h 2,or fails to perfo►m�u►y other
<br /> If V..^rt�::'ts f�e!„r.��lce the�e nayments or ye puYmepte required by pazxgt�p cbu may sijsaif�ti�
<br /> �v���1�gttements conteined in this Securi Insuumeat. ar thece is a le al procxeuin8
<br /> ; �'ect I,e�let's rights ia the Property(such� a procadin8 ia bankruP«Y� for oondema�tion or to eafo�+ce laws or
<br />�y rcgal�tions).then L.ender may do ancl pay what�ver ls nxessary co protxt che value of the Pcopercy �ud►.�nder's
<br /> � d�ha ia the Property,tucluding payment of taaes,h�zud Insurance and other items mendonod in puagdph 2•
<br /> " Any anwunts disbursed by Lender under this par�rapt► shill beoome sn additiowl detx of Borrow�r aad be
<br /> �; �ecuced by this Security Inatrumena. These amounta sh�ll bear tntemt from the date of disMusement� at tbe Note
<br /> ` rate.aud u the option of Leuder.sh�ll be immodlately due and p�yable.
<br /> ` Bormwer stult proaapcly dischuge any!irn which has priodty over this Security �t�menc unless Borrower.
<br /> � �ij �groea in writ(ng to the paytncnt of the obligation secured by tUe lica in a man►n�'acctptable to L.ender; (b)
<br /> � contats in good futD tt��lien by, or defends agaiast enforcemeat of the lien in, leg�l proceodiaEs whlch 1n the
<br /> � I�et�der'� opinion c�ruo to prevent the enforcement of the lim: or (e) secur�s ftom the holder of the lien +ut
<br /> ,; �grament s�ti�f�ctory to Lender sabordinatln8 the Iten ro this 5ecurity lnsuument.V L.ender determines thu u�Y P�
<br /> � of the Pro rty is subject to a liea which may attain pdority aver this Socuriry Insuument. I.ender msy give
<br /> :� pe
<br /> gunower a notia identifying the lien. Barrower sh�ll sadsfy the lien or take one or morc nf tLe Actlons iet fo
<br /> �bove within 10 days of the giving of aotice.
<br /> 8.�ea.Lender may collect fas ond chages authorIzed by the Secretuy.
<br /> �� 9.Grou�for Accdastloe a�Debk.
<br /> (�)De��Wt.L�cnder mty. except as limitod by ngulations iasued by the Sec;etay. in tt►e ca+e of payment
<br /> �{ defaulu,requin immaliste payment in ftill of�Il sums securod by this Security Insuument if:
<br /> • (1)gurrower defaults by f�iling to pay in full ury monthly pxya�ent requind by this Sec�rity► Iastnimen�
<br /> � prior tu or on the due date of the next monthly pAyment.or
<br /> ;�, (ii)Bonower defai�lts by failing, for a pedod of ttdrty dxys.to perform any other obligations oonuin�ed
<br /> ; in this Secur[ry instcument.
<br /> (b)S�Ie WitLout Credit Approval. Lender shall,[f pem�ittod by applicablc l�w (including Section 341(d)
<br /> � of thc Garn-St. Germain Depository Inatituttons Act of 1982. 12 U.S.C. 1701j-3(d)) uid with the pr�or
<br /> _ approval of the Secrecary, require imnxc�iate paymcnt fa full of all sums secured bY this Scc�uiry Ias��nt
<br /> if:
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