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,,. . . „Y., i <br /> ....._�'..-- ----•-•---.__,_,�.._.,hf....,� — ��.-- <br /> � • � 9�- 1iO4�3� <br /> ��mtmtt�ocp, Borruwec sh�l( not commlt wute or deatroy, dunage or�ubaunti�lly change e Property or�l ow the <br /> PropertY to deterlorue, re�wn�ble weu+nd teu exceptod. t,endcr may lnspsct tho Property if the Pruperty i�vacu�t <br /> or �b�ndoned ar the lo�n I� in dtfnult. Lendrr rtury t�lce rawnxble +�ctiun to protect and preserve �uch v�t or <br /> �b�ndoned propesty. Borrower�hdl rlao tx in defwlt if Borrower.durin8 the losui�pplicadon proces+�B�ve cn�ted�lly <br /> f�lse or lnaccurate informttlon or uatements to Ixnder (or tdlad to provlde Lender wlth�ny m�terial infomution) <br /> in connxtioa with the losu�evidenced by thc Nntc,iucludtna,but not limited to,repr�sentntione conceming l�ormwer's __ <br /> oceupu�cy of the Propeny u a pdncipal reaidence. If tbia Security In�trument ia on�le�aehold, Borrower eh�ll cumply <br /> wlth the provtsions of the leaee. If Borrower ncquire9 fa title to the Property, the leaachold and fa tiAe shal not <br /> be�ed unles� L,ender �nes to the merger ln wridng. <br /> 6, Coedamt�oo. The proceeda of any�wecd or cldm for daz�es, direct or consequential, in connectton with <br /> �py rvndemn�tion or othet taking of any pue of the Propecty,or for conveymce in pt�ce of condemn;tion, ue hereby <br /> auignod sad�h�ll be pud to l.enckr to thc extent of the full amount of the indebt�odness that rem�lns unpdd under <br /> th� Note Rad thl�Security Inetcwnent. Lender ahdl �ppty auch proce;da to the reductian of the iadebtednesa under <br /> the Note avd thia Sscurity Inauumrnt, firat to any dellnquent unounta qipllai ia the ocder pravidod in par�r+ph 3, <br /> and then to prep�yrneat of pdnci��l. My�pplicuion of the proceals to the princ:ip�l sh�ll not extend or poatpoae <br /> the dua date of the monthly p�yments. which ue refetrzd to ia pxagr.aph 2,or change the surwunt of such paymeats. <br /> My excrss proceeds over�n urount roquirad w pay�lt ouuundin� indebtednesa under the Note And this Securiry <br /> Gutrumeat �hall be pRid to the eatity leQr�lly eatided thento. <br /> 9. G�tes�o Boet�res �od 1'ro�edjon of I.eadet'�t Ri�b m doe Pro�artY. Borrower shall pay all goveraaxatal <br /> or nwnicipal chuQes�finee pnd impoddons thu ue not includod ia par�nph 2. Borrowa rh�li pay theu obligulons <br /> on time direc@y to the endty which ta owod tde puyment. If fdlun to pay wouid dveraely affat l.ex�der'� intaat in <br /> tbe Preperty� upon I.rndtr's requat �lorrower �11 prompdy fiunhh bLa►du recei2 or f�il�i w Pecform �ny ot4eru. <br /> Ii Borrower fuL to mdce Weee pay�t�a�u or the p�yrt�eau oequirsd Y W�B� <br /> oovedots �nd ajreemeau ooaWnod in thu Security instcument. or thae it a leg�l pt'ooeect►q6 thu rray si�aific�ndy <br /> dfect l.eader'� ri�hp ia the ProQertY (such as �pc+ocadia� In bmkruptcy� for condemaa�tion or w eaforoe Iarn or <br /> te�uluiom)� then �..eader roay do�od{uy whueva �s�uary to Protect tlu value o[the Peo�crty ud L,ender'i d�dp <br /> in the Property� inefudini WY� of uucet�haz�M inwrioa a�other itans mentiocied in par�c�ph 2. <br /> Any amounu dirMirud by La�der under thia p�c�ry�h �hiJl b000me an �ddltlonal debt of Bocmwer md be <br /> +�ecuned by this Securiry Iwtnunent. T'bea unounb eh�ll beu iatrrat fcom the date of cU�bureement at the Note r�te, <br /> md at tbe optiou of Le.flckr �pi'll 'oe im[�diacdy due auti p:y�`vic. <br /> Bocrowa eb�l[ p[otY�pt1Y dix�aT�C �ny lien which 6�prbrity ova thie Secudty Lutrumart ualw Borroaa: (�) . <br /> ��ep ia writin4 to the peyment of the obli�uioa tecured by the 8en in a manuer, acapt+ble to I.eader� (b)�cantaa <br /> .in�ood faith the liea by,a defend� �gdnst eaCoroanent of the liea in.legal proccedin�s which in the Leoder•'�opid°'� <br /> �..._ .t_. _.. .......... �.�s.�....�, <br /> operate t,p preveqt tbe eatorcemenG oi toe iien;or �cj sa:u�a i.wu :;;c uuiuci o, �+w �.�.•• •�• r:• -� <br />� w Leader subotd+natin8 t�e�lien w titla Savriry Instromeat. If Lencier detamlaes that my p�ce of the P�opaty is <br /> wbject w a lieu••dhich rwy a/Wn pciority over thu Security Io�trument, L,a�der rr�y;ivr Soctqwa �notia 1d�dtY�i <br /> tha lien. BoROwer �lull�nt�efy the liar or uke one or ttwre of tl�e�ctions kc forth +ibuvr withia 10 day�ot tbe jivfu� <br /> �` of aotloe. . <br /> ' i. Faer. l.eader m�y coUax fea utd chuaes �uthori�od by the Secrctuy. <br /> 9. (�aa� !Ix�.endention ot Dobt. � <br /> (� Dd�ok, L�eader may,euept � limited by regul�tiom i:n�ed by tLe Sec�arY iu tbe are oi prymaut ;� <br /> . defwlu� roquire imuoedia[e WYm�nt in full of�ll aums �ecured by tbL Socuriry Instru�nent if: • <br /> (i) Elorrow�er..Skfaulu by t�iJiu�to pay in tuU�ty moethly payrtxat r�equirod by th4 Secudry Intuummt <br /> prioc w or'on:the dne date of the next monthlY payn�at, or <br /> .. �:(ii) Hortorva defaults by failia�. for a period of thicty dKya,to perforat at►y other Abli�atlon� oonWned <br /> . la tWs Saau�ty G�wi'�:"t• • , <br /> (�) S�le yyi�ovt (�cedit Appo�rai. I,ender chall, if permitted by�1lcable !aw(lncludiaj raxlon 341(d)of '''� � <br /> the Garn-St. Gamain Depo�iwry Inetitudon� Act of 1982�12 U.5.C.1701J-3(d)) rod with tl�e prior,.�pprov�l <br /> . of the SecnurY. require immedLte paymant W full of all aumc Kcured by U►is Secudty Inct�umart if: <br /> (i) All or puC of ths�+opercy�or a beaefidd intaat in�trust owning oll or put of tb�e Propaty� b wld <br /> ur othernriee transYared (otha ttw► by devise or deacwt), aud <br /> . (fi) Tde Pt�opeity u not c�ccupiod by tbe parchuer or �raata ae hie or ha prioccipd residatce� or the�. . <br /> pun�er or.gt�atee doa ao occupy the ProPertY� but hi� or ha crodit h�e aot bean apptoved in <br /> ' �coord�oce with tl� requle+ernents of tbe Sxretuy. <br /> (a) No Wshar. If eircumztanca occur that would perrrJt Lcncie[to require inmediste paymad in iltll.but <br /> L,endcr does not roquire such paymente� I.ende: :,oa noc waive iu rights with respccc to :ubroqueac eveats. • <br /> (d) �ls�o� of HUD 5ec��ry. ln m�my circ:umstances reSuLationo ietuod by the Socret�ry will licait <br /> I,pxier'e righte.in the ciue of paymau defaulla� to ra�uire(mmedl�te payrneut in full u�d foreclox if not p�id. <br /> 'I]ii�Sacurity Iwuwuent doa not ouWorize accelrr�tioa or foroclosurc if not permitted by re�u3rcioaa of the <br /> Soc�'etuY• <br /> !e) MaKEM� Not inw�tod. Borrower ogrea that if thi�Socurity Inauument u�d tha Nute are not decennined <br /> ' to be eli�ibla for inatr�nce under the Nuion�l Hauing Act wlthin 6 0 DAYS �� <br /> date lxroof, L.eader may,ac iu option require imrnediate payment in fuli of dl�secured by chie Socudty <br /> -.r--� _e.�._ cr.....�.... .1.►.d n�hawmwff tn <br /> ll1f�[UA1lIIL. A�fRILLl� 6[i[C.R1Cil[ U[inr auY�tn��ou i�w�i w wv w�....�.� .....�.. _��i� ._ <br /> 60 DAYS from tlu d�te heroof, declinin� to uuure thia 5ocurity Instrumeat �ad the Note. �h�ll be <br /> deerned oonclwiva proof of such ineli�ibillty. Notwithctanding tt�e foregoiva,thi�option may not be exercuod <br /> by L,endcr wha�;l+e uaavdl�bility of uuuranoe ia soleiy duc to 1.eMer's failure to ranit �mortg�e in�ur�noe <br /> premium to the Secmary. <br /> �cA.�► n�op nnxsr � <br /> �r„�,�,,,,,�,��,� Pa�e 3 of 6 <br /> _ - _ <br />