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"�� -.- _ <br /> ��� <br /> ---;=�� <br /> _ --_ <br /> =�Y <br /> L __����� __'_'-` �._�_.��. � � <br /> apply them ta spid indebtedness A5 well befi�re ns ufter default in the conditiuns of this instrumcnt,unJ the lxnder may de- <br /> n�amd, sue for and rerover any such �Hyments when due Anc1 payAhle, but chall not bc �cquired sa to do. This assignment <br /> _— is ta terminate und becume null and ��uid upon �elease af this instrume:�t. <br /> O� <br /> � 10. That thc Barra�vcr will kcep thc buildings upon said premises ia gaoc! repair. and neither cammit na�permit �ti�aste <br /> � Q upon said I�nd. nar suffer the said pttimises t�be used far nny unluwful purpose. <br /> Q 11. That:f the pr?mi�e�,��»ny rart there�f,he c�ndemned under the power of eminent domain,or acQuired for a publir <br /> !■1 use.tht damages awarded.the proceeds for the taking of,ar the considoratian for such acquisition,to the extem af the full <br /> amount of indebtedness upon this instrument and the note which it is giveo tv secure remaining unpaid,are hereby assigned <br /> � by the Bonower to the I.r.nder,and shall be paid farthwitf�to said Lender to he applied by the latter on account of the next <br /> maturing i�stallments of such indebtedness. <br /> � , 12. The Horrower further agrees that shoutd this instrnment and the note secured hereby not be eligible for insurance <br /> � under the National Housing Act within eight months from the date hereof(written statement of any o�cer of the Deparanent <br /> of Housingand Urban Development or autharized agent of the Secretary of Housing and Urban Development dated subse- <br /> • quent to the eight months'time from the date of this instrument,declining to insure said note and this mortgage.being deem- <br /> ed conclusive praof of such ineligibility).the Lender or holde*of the note may,at its option.declare all sums secured hereby <br /> immediately due and payable.Notwithstanding the foregoing.this option may not be exercised by the Lender or the holder <br /> of the note when the ineligibility for insurance under the NatIor�al Housing Act is due to the Lender's failure ta remit the ! <br /> � mortgage insurance gremium to the Department of Housing and Urban Development. � <br /> 13. That if the Borrower fails to make any payments of money when the same become due, or fails to conform to and 1 <br /> comply with any of the conditions or agreements contained in this inswment.or the note which it secures,then the entire <br /> principa! sum and accrued interest shall at once become due and payable, at the election of the Lender. . � � <br /> Lender shall give norice to Borrower prior to acceleration foltowing Borrower's breach of any covenant or agreemenc � <br /> � in this instrument(but not prior to accelerrarion under paragraph 12 unless applicable law provides otherwise). The norice <br /> shall specify: (a)the default; (b)the action required to cure the default;(c)a date, not less than 30 days from the date the <br /> ; notice is given to Bonower, by which the default must be cured; and (d)that failure to cure the default on or before the � <br /> � date specified in the notice may result in acceleration of the sums secured by this instrument and sale of the Property. The <br /> � notice shall further inform Bottower af the right to reinstate after acceleration and the right to bring a wurt action to assert � <br /> . the non-existence of a default or any other defense of Borrower to acceleration and sale. If the default is not cured on or . <br /> � . before the date specified in the notice. Lendes at its option may require immediate payment in full of all sums secured by . <br /> • iii15 iiSU titucid WiuiCiiit,iiii�ici uc�n3'iu'aini�n"li�'v��c UIC �-Y►CI vi�c 8i�t'j t"iii vu�ci Gciie'c,i�iic5 iliiiuix'�`v'a'jiCn�iic - l - <br /> � y � � -' � y NN- ; � <br /> law. Lender shall be entitled to collect all expenses incuned in pursuing the remedies provided in this paragraph 13. in- <br /> cluding. but not limited to, reasonable attomeys' fees and costs of title evidence. , <br /> If the power of sale is invoked,Trustee shall record a notice of default in each county in which any part of the Property <br /> is located and shall mail copies of such notice in the manner prescribed by applicable law to Ac,irrawer and to the other persons <br />