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<br /> abandoned Propr,ny. Bc�nower sh�ll ulso be in default iP Bonower, durinA the loen npplicatlon process. g�ve
<br /> maeerially fdse or in�ccurate information or stacenenis w I.ender (or failcd to provtde l.endcr�vith any mnterlel �
<br /> informatlon) tn conmetian wlth the lo�n evidenced by the Nate, including, but not lin�it�d to. repraent�Yions
<br /> wncerning Aonower'� occupency of the Property as s prb�cipal re�idence. if thia Security Insttument ia on a
<br /> leasehold, Borrower ehdl comply with the provisians of the leaae. If Borcower Acquires fee tltle to the Property, the
<br /> leasehold and fa title shall aot be merged unlesa Lender agras to the mergcr in writing.
<br /> 6.Condeianatloa.The proceeds of any�wArd or ciaim for dacnages, direct or consequential,in wnncetion with
<br /> any coadernaation or other taking of any put of the Properey, or for conveyancc iu place o4 condemnation. are
<br /> henby�ssigned az►d shall be paid to I.ender to the eateat of tho full amount of the indabtedness thAt remxins unpdd
<br /> under the Note and this Security In�trucnent•L.ender sliall epply su�:h proceeds to the mduction of the indebtodnass
<br /> wxler tLe Note azul this Security i�ustnimeat. first to any daliuquent aawunts appliod in the ordcr pmvided in
<br /> pangraph 3,and then to pnpayment of principal.Anp apPlication of the procxda ta the principal shall not o�tcnd or
<br /> postpone ttx due date of the monthly piymeats, which are nfccred to in pangi�pb 2,or chwige the amount of auch
<br /> pnym�nts. Any eacess proceeda over an amount requirod to pay all outstanding indebtedtKSS uader the Nate and this
<br /> Securiry Insttument shdl be ptid to the mtity legally entitled thereto.
<br /> 7. Ch�rgs� tc� Borrower �nd Prntatbn o[ I.ea�kr'a Rlghta in the Yroperty. Bonrower ahall gay dl
<br /> goveramenul or muni.ipai chuges, fines and im{wsitlans that are not included W paragcaph 2.Borrower shall pay
<br /> these obliguiona on time directly to the endty which is owed the payment.If failure to pAy would adversely affect
<br /> L�endea'e interest in the Properry, upon Lender's request Borrower shail promptly furnish to Lender re�eipts
<br /> evideacing thwe payments. _
<br /> If Borrower fs�ils to milce these payments or the pxyments re9uirod bY P�BT�Ph 2.or fails to perform any otlser
<br /> ooven�nta �nd igroemnts contained in this Seciuiry instrument,or there is a legel pmcxaiinB thnt au►Y significandy
<br /> nffect Lender'a dghts in the Pcopercy (such as a proceeding ia b�nkiuptcy,for condemnadoa or ro enforce law�or
<br /> regululoaa),thai I.a�der m�y do anci p�y whatever �s uecessary to protoct the value of the Property and Lender's
<br /> r�ahca in tt►e ProQeny,includiapt DAY��of ta�ces,hazard insurance and other items mentioned in pu�graph 2•
<br /> My �mounta dlsbursai by Lender under this pazagr�ph sh�ll bxome an enuicion�i nebc of Fwrrov�rcr a�xi uc
<br /> secural by thia Security Insttument. TLese�mounts shall bcar Intenst from t6e ct�te of disburs�ment, at the Note
<br /> tate, �nd r,t the option of Lcndac,shall be immediately due and psyable.
<br /> Barouree�hall promptiy diecharge any lien which has priority over thls Securiry Instrumeat unteas Borrower:
<br /> (a) sgret�s in.writing to the pryment of the abligation securod by the lien tu a manner accepuble ro Lender;(b)
<br /> coatesu in good faith the lien by, or defends ag�inst enforcemettt of the liea in, legal proc�nge which in the
<br /> I.eader'a opinion aperate to prevrnt the euforcem�nnt of the liea; or(c)secures from the 6older of the lien a»,
<br /> agreement e�tisf�ctury to I�eader subordinuing the lien to this Securlty lnatrumeat. If,i.ender deurmines thu aay pArt
<br /> of ttse Proper•ry is aubject to a lirn which may attain prioriry over thi�SecurIty Insttumenc, I.end�r may givC
<br /> gomow�r i nc►tioe ;daitify{ng the lien. Borrower sh�ll satisfy the lien or tilcc one or more of the �ctioas set forth
<br /> above Nithin 10 day�of the giviag of notia.
<br /> S.Fea. l,mder msy colioct fas md chuges�ut}wrized by the Secretuy.
<br /> 9.Groandr[or Accdaxdoo ot 11d�t•
<br /> (a)De��u1t.L�ender mry.exapt u luaitod by ngulations iuuad by tt�Socretuy.iz►the ca�e of paysnent
<br /> defadn.require immedl�te payment in fiill of all sums secured by this Socuriry Insttument if:
<br /> (i)Borrower defaalu by fuling to pry in full any montbly payment required by this Socndty lnstrument
<br /> prlor to or on the due date of tl►e next monthly payment,or
<br /> (ii)Sorrower dcfaults by fdling, for a pedod of thirty daya, to perform any other obligations cont�laM
<br /> in�hta Security Insuument.
<br /> (p)Sde WRhout Credit Approv�l. Lender shall, if permlttal by spplicable law(iacluding Section 341(d)
<br /> of tlno(iarn-St. Germain Depository Institutions Act of 1962, 12 U.S.G 1701j-3(d))and with the pdor
<br /> appr+ov�l of the Seccetary,require luunediate payment in ftill of all awns secural by th9a Secur[ty Instrument
<br /> if:
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