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<br /> ` tt s� O ��•��Y/� ��(!_ . ."i..:
<br /> ` - w shall uot commit waste or destmy.damaage or subst�tialiy cHange��Froperty or ailow the ' � r�'
<br /> -,-.`,:i cir�tmst�ces. Borm er - .< ;.
<br /> . . ;� Pmpeny to deterip�ate, teasonabte wear and tear excepted. Ixuder snay inspect We Froperty if the Property is vacant ; _— '
<br /> , ,� or ab�adoned or the toaa is in defautt. Leader may take reasonable action to protect and preseive such vacant or ,` .
<br /> .�� abaadoned Propeity. Botrovrer sba11 also be in default if Bomower.during the toan applicatioa praoess,Bave materialiy ,.
<br /> � false or inaccvrate informatioa or statemenu to l.eadec (or failed w pmvide I.ender with any materiali informatioa) ` � °*.`.`: �. -'-�.:�:• .
<br /> �, •`. .�� in conaectiaa arith ttie loan evidencod by the N�te.inciuding�but not li�nited to.rePmsentations wncemin8 Bormwer's • - .• '. _
<br /> , , oocapancy of the Pmge�ty as a piincipal tesidenoe. If tbis Sec�uitY tnsuumsnt is on a[easehold.Bosmwer sball camply .
<br /> et
<br /> ,_ , with the provlsions of the tease. If Bormwer acquires fee dQe to tbe Propesty.the teasehold and fee title shall not ,
<br /> - ' > be merged �nless I.ender agtees to ttte metger in wrlting. - _
<br /> �:_ _1'�'x,"—�:
<br /> . - - 8. t•,������nn �e pracceds af any award or c2ai�n for damages.direct or oonsequentiist, in connecaon with - -
<br /> . ��-j any coademnation or oWer takin8 of any pait of the Property,or for ooaveyaure in pl�oe of oondeamation, are h e c e by . <:. {. _. -
<br />',"�� . assigned and shall be p�id co Lender to tLe exteat of the flttl amnunt of the indebtadness that remains unpaid under
<br /> the Note and tbis Se�vriry Instrument. LEnda shall appiy such pmceeds to the reduction of the indebtedness under .,' `:;` �� � �.•.
<br /> . ,.� the Note and this 5e�rity Instr�ment, fusc m aay delinquent amouau app]iea�in the order pmvided in paragr�h 3, - . �-
<br /> ' . anA then w prepayment of prinapal. AnY�PPUcazion of the pmcceds to the p� : ` `,���'``:
<br /> a1 sGail aot extend or p�..�e .�.,
<br /> � `� � � the due date of the mnnthly pa}rments. wlut3�are refezc�d tn in paragcapb.2,or chaage�he amount of sudi pa�'�- '"' ..�-r_;:.,}����?;
<br /> ' � � Aay exoess proceeds over an amount reqaincd w Qay all�.outs�nding ind�tedness ander the Note and this B�.Y' ,;�, ,f,
<br /> � ." �ment S11alI he paid to the entitp legallY entitled the�eto. " , ` ' ,+�� '
<br /> . ? Borrower sball pay all govemmeatal ¢ � `�-
<br /> -- T. C'�args tu Btm+arrez a�Pm�mm of Leade�s Rights in the Fcap�cty :_ _
<br /> ' or municipai charges,8nes and impositions that aze not iuciuded�n p�aga�h 2. BomoNer shaU pay t&ese ob2igations � , � ;:` _�- --
<br /> � ,�f '"� on dme d'uectl y to the e�ity which is o�vod t&e paym�� If fa�u:e w pay woutd advetsely aff�t Leader's interest in �;�:`..f��:
<br /> ,�.t � _.
<br /> evid�cin e .' �t
<br /> �"'u �'`' the Frope�cy, upnn Lende�'s requese Bomower shall p m m p t iy f u m i s h t o L Q a d e r r e ce i p t s 8�4 ,��• �f _� _
<br /> . .. ° If Bormwer fa�s ta matce these paymeois or tlte payments reqoited bY P�Fb�2,or falls to.g�a�J.� � 4. .., .,.�.�.
<br /> ooatained in this��c'yrity Instnm�ent, r there is a legal pmoeeding ds�.m�'s��Y �..�.--
<br /> .. .,..Y . . OOYCa�iS �a��' � � �-
<br /> • • .`-.° affect Leader's rights ia the Propary <sasit•�'�pmsea�iug in bank�uPtcS'• for oondemnauoa or.gm�ice tades or �;�, = —
<br /> � regWattons), thea Lender may do and pay whatever is n�ry tn pmtect the vatue of the Piopeity and l.ender's r'�► ts `.;\J;`��
<br /> . . • �. in the Pcoperty, lacindiag payment oftaxes.hazard insuisc�e ansl other items m�tion�d inparagrapfl�2. e.��:-...,.��..�._�—.
<br /> � `e: �:;,:'', Any amounts disbursed by LaWer mider this guagcaph shaU become an additIonal deyt of Borrower and �e ,k_;:::.;•s ,�.�;
<br /> . °_ � secured b this 5ecurity IasuQment. These amounss shall bear interest from the dazc of disb�usem.nt at the Note rate. - �-�
<br /> °n �,�"�:_
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<br /> . and at the optioa of Lender shaU be�iately dae aad payable. :
<br />_ �...��,yA�`" �`,1 Boirower sbaU pmmptly disc�asge anY lien whiste��ciority over this S�curity.I�sonunent untess Borrower: (a) ` �'..�, ;' ' ": .
<br /> �,'���'• �€: a in wridag w the aym:ut of the obligauon se��'�the lien in a mannEr a��te Lo�ender: N) oontests ,
<br /> 1 , �:� ,�'Y g� P .. zo �ioh i�:#hc:Leadet's opindnn .
<br /> s`' �?, � ia good faitb the liea bp,oz defeads agaiast ea�isr�aa�r�.c�e lien in,legal P ceed��5� '' pa��,-.`
<br /> , t ° ��� • koider of the lien aa�' ,�'. , t sa�s�ec�tY '
<br /> -� ���r}k� � � 0]lEIStC t0 QICV���CIIfO�CE�t df�I:�'r.2S�t�p�'SZRL..� �O111�: ?•.
<br /> ° ''j�,'�S;t��`�'��"�'�'.�., , ., to Lender subor�f•s,�'the lien w this��'.�:.�.If It�3fcar��enmines that auy�i�.�: ..Prop�cccy is :. �,��- �.:_
<br /> ��*�Y&veBorrowc��.�tice identlfying i' ,�.
<br /> ;,,f�, � ori overthis Set�,`�.?l.�t: �
<br /> �� ;u��r9 � snbjea to a l�en w�'r:,�i tna}►��i LS+ ;• '"_.X.:.- —
<br /> ��!YZ��, the ilen. Borrower shaU satis�r��lien or take oae or a��f the actiona set forth•eb�ve wIthiu lb days of,t2te�xin�. :,�. r s�-�---
<br /> �- of nouce. .:_. �� �
<br /> ; �. S. Feea. Leader may collect fees and c,�arges aathorized by the Secretary. �';'. : ,. �..��
<br /> �. ' , - 9. Gca�ds far Aor�erasiun '` _
<br /> �k'^'r�._��r
<br />_rr:fr;:,�;; . : =; (a) Def�I� Lender:�;�xce�tt as limited by regularions issued by�.��Y 1n�the case of payaient ;�' , ��
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<br /> '�'�'x,;,'°�� ` ` • defanits. re�uir� i�� pay�t ia full of�all�stmns secuied by tbis Sec�nii`� lnstnt�nt• if: ;f -
<br /> ��r��a�;��riS`, . � b failin to a in�fiill'aay�monthly pay�n� ra��c�l by this Security Iasuutnent : ""�r.`'�'-'"`
<br /> � n.,��,f;� r >:3 .. (i) Borioaes d�:.� Y 8 P Y .
<br /> . prior Lo or oa�Ice+�ue date of r�$next montLiy payrnzut. or <t ` `s� .---..
<br /> : � ('v,y,:,l�isv�r defat�tlts by f"'as.�ir�„Gor a petiod of thirty day�,to�Perform aay ot����'�s}%�afions oonraiaed -
<br /> � , � . ' '`• � '�� � ��
<br /> , ��:. �eat.
<br /> `?=y, .� . ����t.I�wpswal. 1.enQer shail,if permitted by applicabls law(1ncluding section 3�11(d1 of � 7�r��
<br /> ,��,�,� , .,. �ti) Sale W'`s�ior's �.a e _
<br /> .,�;��,c�� ' t the Gazn-$t. Ge�iuti,-¢�.�is�ository Iasatutlons Act of 1982�12 U.S.C.1701j-3(d))and with the prior a�roval r�� n
<br /> • .. . of the �.ary, recluire lmmed�ate PaYaaent in fiill of aU sums secured by this Security Instnm�eat�if: � .;�.,�.�.;�:;�-
<br /> � - (i� .1+`�cn part of the Property.or a beneficial interest ia a trust ownmg all or part of the Pcoperty.Is sold .'� �� � �- ---___
<br /> ., ,
<br /> �,,,�f `. or aJa��e tr�£etre� (other than by devise or dessaat), and ; : � °�
<br /> _.;°fi�; . �� Gi� .�'.�i��zn�+'y i��at occapied by the purchaser or grentee as bis,t�:het piiarapal resideace,,or the , �:
<br /> ,_4,��:,� � :; p�,� au,'�T79e doea so occupy t�Z. L�c�PertY• but his or hes.��t� not bcea ap�,'�r�d in `� k =`>
<br /> ;��`.,, ? . ac,a7td�,7r�;�'�'��lluimn�«cs of ti��;�xaa�.sary. �� .� �. ''+� . .
<br /> "' �� �� (c) FF�v!W!�uwer.�3f circumstances'r,�wa�r that woWd pezmit Lender to cequir�:�edia���t in fu11.but r �
<br /> :% , ,
<br /> .� Leader� ctot require suc��y�ts, l,eadtr daes not waive its ri�ts�a�iesPect:a�.snbsequent events. , .
<br /> ���,; . ` (dj Re�ans oS£i`�T� 5eca�azY• In manY c�� ��'ons f� by�he Secretu5+ v�l.limit •' •. :
<br /> . i?;.'� . , . � full aad forectose i��r,m 'aid.
<br /> .�}��{;i(; 1.e�der s ri�hts.i1}ib�c�ofpayment defaults,to requirc ia�a►e�iate paymr�ir�i� D ...•r.��+a'�;�,
<br /> $� ,• ';4ti si_ '�
<br /> , : 'ltiis Seau[ty Gz.Rttua�:�es rt�t�uthoiire accel�radion or foreclosure tf r.r�t:�em�itted by regul�tioms�Y the : .:.; :�,�:
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<br />' (e) �Not I�teO. Bocea�x.�r agrees that if ti�is So�vriry Instrument a�d the.i+r�t��a nat�determined�� ' F � ,t} ..
<br /> t _� . ; ' to be eligible for ins�uancc under the Nationai Hausing Act within 6s3 DA's''i� � from•thc � �� `:;, �
<br /> �S�'r3CC11t� `'Y::' .,i•,-
<br /> . date hereof. Lender may.at its optiva require �iaze p�yment in!WI ot�3i�s�by n'' . ... .
<br /> • . Insttument. A wclttea staterr�eat of any authot�zed agent of tht Secretary �ad sc�U�s;�1t w ,� `''-�,,`'.',t� ..
<br /> ;'..'r�,,..
<br /> .. � 60 DAYS from the date hereof, decltning to insure this SecurltS+ Insaumeat �L'th� Note.sha11 be ,�
<br /> . � � � - � deemed conclusive praof of su�.ineligi0iliry. Notwithstanding the foregoing,this opfloa�mray aot 6e exercised�� `��..: : .
<br /> . � to remit a mOrt e ins�uaace ��, . .. .
<br /> . by Leader when the unavaitabiliry of insurm�ce is sotely due w l.endes's failtue 8aS _ ._.. ..
<br /> .� . . premium to the Secretary. . .
<br /> . ,, .��
<br />� . ' ,`:: � -- -- - -=--.
<br /> � '_ L�l�A�FAE1 D�OP'�RtI3f Pd C 3 of 6 . .
<br /> . _ oeem�e�syc�.ac tsoo►ae4�MZ 8 . . •
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