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"'_"_"",.... • <br /> , <br /> • . ..� <br /> � 98-- � icr�346 _ <br /> abaadoned Progerty. 9orrower sball also be in default if Borrower. dueiog the lona appllcutton proceas. guve _ <br /> materidly faise or inaccurate informatioa or statements to I.ender(or failed to pmvIde Lender wlth Any muterlal <br /> Wormation)in connection with the loan evidenced by ths Note. includiug, but not limite�l to, represenwtions _ <br /> coaceming Borrower's occupancy of the Pcoperty ag a princIpal resIdence. If this Securlry Iastniment is on a ` <br /> leasehold,�omower shall comply with the provisIons of the lease. If Borrower acquires fee titte to the Properry,the <br /> leasehold and fee dde shaU aot be merged unless Lender a�rees to the merger in wrlting. <br /> 6.Condem�tion.The procxeds of any award or claim for damages,dis�et or consequential,W connectlon wlth <br /> aay condemnation or other tetcing of any Qart of ttee Property, or for conveyance ia place of condemnatlon, are <br /> hereby assigned and shall be pafd to Lender to the extent of the full amount of the indebtedness that reme[as unpaid <br /> aader tke Note and thls Security lnsuun�eut. I.ender shall apply such pmceeds to the re�uction of the indebteduess <br /> under th� Note and this Securiry inauument. first to atry deliuqueat,amounts applted In the order pmvided in <br /> paragragh 3.aad thcn ta pmpayment of gfiaeIpal.Any application of tha proceeds co We priacipal shaU aot extead or <br /> postpone the dus Mte of tbe monthly payaaems,which are refetred co in paragcaph 2.or change the amount of such <br /> payaaeuts. Any exaess proceeds over an amount required w pay all outstanding iadebtedaess uader the Note aad chis <br /> Securtry Insmunent shell be paid to the enary legally entitled thereto. <br /> 7. ChArges to Bormwer s+ad Pmiecttoa ot Lendcr's Rights in the Pinperty. Bonower sball pay a11 <br /> govemmental or municipal charges. fiues a�d imgasidons that are aat include�in paragraph 2.Borrower shall gay <br /> these obligations on time diratly to the entity which ia owod the paymeut. If failure w pay would advercely affax <br /> Lender's interest ia the Fsoperty, upon L�ader's req�¢st Borrower shaU pmmgtly fumish to Leader receipts <br /> evidenctng these paym�►ts. <br /> If Bormwer fails to mako thes�C payments or the payments required by parag�aph 2,or fails to perform any►other <br /> oovenants and agrer,�nta contaiaed ia this Secudty Insuuaient,or tb��ae is a legal prooeediag that may signific�ntly <br /> affxt Lender's rlghts ia the Property(such as a proceeding in ba�atc�a�+uy. for condemnatioa or to enforce laws or <br /> zegutations),then ixnder may do aud pay whatever is nece.csary tci protect the value of the Pmperty and I.ender's <br /> dghts ia the Froperty,Including payment oP taxes.hazard ensurance aad ather[tems menHoned in paragraph 2. <br /> Any amounts disbutsed hy Leuder under thia paragraph shall become aa additional debt of Borrower and be , <br /> sacureid bY�s 9e�urItY Insuume�►t. T'hesa amounts shall beaz interest from the dnte of disbwsement, at the Note <br /> rate.ans!at the option of L:e�der,s6a11 De im�diately due and payable_ <br /> Borrower shall promptly di�chasge any Dien whicl�'H�as priorlty over this Securi.ty Insuument unless Borrowes: � <br /> (a)agrees in writing to tlte paya�ent of:QI���Dligation secured by the Uen ia a�an2c ea:eptable w Lender;��b)..:. � ' :' ; <br /> contesta in ga�d faith the liea�by. os defends ap,ainst enfomxment of the lien in, '�egal ProoeedlnE� whfch I�':,�' .'. '„ ���:��, <br /> Lenda's opinE�n operau to prevent the ezitbrcement of the Iien:.or �a) secures from the holder of the lien �an <br /> agRemtnt sadsfmctory w I.ender subordixiacing the I�en to t6fs Secwxiy�nstruu�ent.If Lender dete�mtaes that suyr part �-:�, <br /> of the P►+operty is subjxt to a lien whic� may attain prioriry ov�¢.this SecurIty Inqaument, Leadar may give <br /> Bomowei a�tcx idcnttfying the Itrn. Borrower shall sa�sfy the Uea or take one or mon of the actions sa forth <br /> above within!O days of the giving of notice. <br /> 8.Feas.Lender may collect fees aad charges authorIzed by the Secntary. <br /> 9.Grounds for Aa�leratton oi Debt, <br /> (a)Deiantt.Lendcr may,e�ccepi as limited by regulations issued by the Secretary.in the case of payment <br /> defanite,raluire immaliate paymead ia full of�i!sua+s secu�d by tt�s Sec�rlty Insunment if: <br /> (:)Bonower de�wirs DY failing w PaY ia fal�kmJ+monthlY P����bY this Securlty Instrura�nt <br /> prlor to or on the t3ue dau of the next monthly paya�ent.or. ' <br /> (ii)Boit+�wer defaults by failing.for a pertod of thitty da�s,to perform any other obl��gatit�na co�t� • .. <br /> in th�s 5ecurity Instrum�at. � ,�� �. <br /> (b)Sale Withouci Crcdit Appmval.I.ender sball.if permitted by agplica62e law(includiug•SpCdom 3d8�d) <br /> of the Gam-St. Germain Depository Institutia�ma Act of 1982, 12 U.S.C. 1701j-3(d))and wIth�'�te p�r <br /> approval of the Sa�wary,require imnudiate pay�ent fn flill of all sums secund by this Sect3tlty Insau�cent <br /> if: � <br />. �4R[NEI�ssoq.ot Paoe a m e �Nwn:,�� <br /> rr <br /> -�'��' �-.�_`• ,. ._ .. i F.. '_ '__'_ --- <br /> w � �• -'- •r _•• .. . � ��-.a— . <br /> t <br /> a,�r � " �'F�� :{.����L,:rI�A � ------- --- -. -- — <br /> .., _ . . __ ._.. �.- -�-- - - - - <br /> ... __, ,. . : . . .�i�� z ""�� — <br /> ... �+, �^^� <br /> � . ' .' � � �,. . . �.. ��_ �- - -� � - <br /> �—T <br /> ,. 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