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<br /> " �. 7. Cond�mnatton. The proceeds ot�ny fward or d�irn fa demsges, direct or wnssquential.(n connectian with�ny
<br /> conde�m�fi�on or ather t�ktnp of arry prrg of the Propaty,a ta comrey�rtc�In pt�ce of eortitertu�aHon.aFe hereby aasigned and st�atl be paid
<br /> . . �.. to��nd�r t�tAs aad�nt o!tM i�ll�na+s�t at tAe�nd�6�dnass thU r�s�ns uapatd uader the Note and Ws Securiiy(nsir�meni.�lend�, , • � , .
<br /> � ahd appy=ucA prccNds to tM ra�dueNon of the hdebtedrt�s under tha Note and tl�is..�eauritY lns�ment,first to any delinqueni�nounts '
<br /> ' a�.d ti ins ora.r prwrasa�n Pac�rapn 3.attd then to prepayrt�en!ot P�P� anU�PP�at ihe proceeds to the pris�dpe!shaR .
<br /> not e��nd a postppn�tlf�du�cit�of ths monthy payn�ents.wt�tel�ue re(erred to irt Puagaph 2. or change the:,rwu�t ot such payments. ,
<br /> ' Ar�y�s pro�c�ecis orr an.�►t raquirs�W PaY d outstanBng hdet�tedness urader the.Nate and this Se�urity tnatrument shaf be paid ` .
<br /> �to the erttily te�dy enfittRd thproto. - • , _
<br /> . � . 8. FNS. lander mry cote�t tees and cAarges autho�ized by the Seawry. ,.
<br /> � Q. Graunds fos Acc�i�►�tion of D�bt,. ' .
<br /> . (�} Dif�Nk. ler►der may,txcept 8s 6mited bY►2gutatTorts�ssued by t�e Sec�etary in the case at payme�!detauits.�equire �
<br /> hwnedt�te payme[�t In tut o!�t sums sedared by this SEarr�ty L�i� . ,
<br /> . , � Q)8ortower defauRs by ta�ing to pay In tul any monthly p�iyment recpuired by this 3ecuriry tnstrument prior to or on �
<br /> • the Que d�te oi the nad morttht�l PaN�L or � , , .
<br /> � (i�i Borrower delaufts Dy�siRng.for a period�i thiRy daya,to pertorm any other o6ligaitons contained in this Secutily
<br /> • instnrrnan� . ` - .
<br /> . � (b) Sal�Wnhout Cradit Approval. Lender shall, if pennitted by applicabte Iaw and wfth the pdor approvet ot ihe Secretary.` •
<br /> — , - : te�slse�sie ix:1�hi!a it�lko!�ltte�usns ss.tttc�tiy thi� Secu:+ty insUument i1: :-- ---- -- -- .
<br />' , (i1 Alf 0�pA�1 of lhe PfOpCRy(S Othe�LYi50 UdRSfCREd (Oth�s than by d�vise or descent) by the Bo*ra�ver.and ,
<br /> (A�The PropeAy is not occupted Dy the parchas�r or grantee as hts or her primary or secondary�.�sidence,or the �
<br /> ; purchuer or qrantee does so accupy the F?,�,�eny but his or her aedit has not aeen approved c�:�cordance with ihe '
<br /> � requiremenis of Me 3euetary. �
<br /> • '� (C) No W�iv�t. If ctrcumstaaces o�,.�..:r that woutd pem�it Lender to requtre•immediate�a�rment in fuil,but Lender f '' ;
<br /> does not cequtre such payments. LenQer ctoes not waive Iis�ghts with respect to subsequent events. ; .
<br /> � � (d) R��utations of HUO Seeretary. in�cr�any c�rcumstances�eguiatio-s issued by the Seaeta:�tiMi�1 iimit lender's � -
<br /> tl�hW(n the pse o1 p�yment delaufts to require immediate payment in tull and farectose it��..•paid. This Securfty
<br /> (natrumartt;daes nat authorize acceieralton or tarectasure'rf not r�-mitted by�egulattons of Cze�Secretary. •
<br /> L0, R�Instat�rtlYflt. Bonower has a right to be ri-,:tated ii lender has required immediate payment in t�f because ot � x•�
<br /> Borr�er's hilure to pay en amount Eue unQer the Note ar cl;;s Securiry thstameM. This dght epplies even efter i3rectosure proceedings
<br /> are rnstituted. To reinstate the 3FCUrity Instr�nzfa�G 8orrawer shall tender in e iump sum all amounts required to bring 9orrower's account
<br /> current ktCtudn�,to th��xtent they are obtiga��ns ot 8orrower under this Security Instrument,toredosure costs and rea�onabte and ,
<br /> , cus;a�.*.uy�ttomys'f�n and pxpenses property assaciated witA ihe forer.�osure proceeding. Upon�einstatement by 8orrower, this Security
<br /> instrticrrent and the obNy�tlona that N eeeures shalt remaU(n eftect as if�erider had:+Wp required immediate payr.�ar�in full. How�rer, �
<br /> � lenQar la'not required to permA teinstatement if: (i) Lender has accepte0 remstatement after the commencement of farecfosure proceedirtgs
<br /> ` within two yat�knmedtatety preceding the commencement of a cuRem+I�T�Gasuro proceeding, (ii) reinstatement wiil precNQe Bu.�losure
<br /> on dltteront grounds in the tuture,or Cii)reinstatement will attverseiy atteat the priority oi tho Iien created by this Securiry `:��
<br /> Instrument ' ,
<br /> 11. Boe►ow�r Not RN�a:�d: Forbaaranco By Lsnda► Not a Waiver. �xtansion oi ihe timo of payments or modification � '
<br /> ot amonlZ�Uon ol fhe sums secured by thls fiyewrity Instrument grented by Lertder to any successor in interest of 8orcower shal!not
<br /> � opetate to rele�se iha liability of the odginal�oaowe►or @orrower's successor in inte►est. Lender sha11 not bo required to commertce
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<br /> proa�nedb►gs e�Msl any successor in inierest or retuse to�end time lor payment or otherwfsu modify amoA'rtaUon at the sums securc8
<br /> by ti'+'�SaCW(ty tnstrumen!by ret,an ot eny demand maGe'�� the oricy'ne! Borrower�r �arrower's succossors in ir.:�o�t. My torbearance
<br /> by Lettder In exerclsinp�ny rtght or remedy shall not 6e a waiver nf ar p;e*..ludQ tfie exercise of uny right or remedy.
<br /> . 12. Succ�ason and Atsigns Hou�d; Joint and Sovera! L�abiliry; CaSigners. 7he covenants and ayreements
<br /> • ot this Secufiry tnstrument shall bind and benefit the s,:�ces�.ors end assigns ot tender and Borrower. subJect to E�a provisions o!
<br /> =p�gleph 9.b. Bortower's Covenants gnd agreements s'�a��e joint and several. My Bortower vrha casigns tfiis 5eturity instrument but
<br /> does no!execute!he No1e: (aj I9 oo�sianing?h.is Security Instrument ony.to mortgag�, grant and convey that Borrower's interest in tho
<br /> PfopBfty undEY thB fMmg 0!thi9 SCCUrity (ns:::r".^en1: (b)is rtot pErs�naity oD6gat�d to pay the sums secured by this Security Instrument ' __ T_____
<br /> � :- —
<br /> and(c)agrees thai Lender end eny other Barrower may a�ev to extend, mod�ty torbear ar makd eny accommodaUOns with tegard to IhE terr� .
<br /> oi this Security InsWmenf or tte Note without that Bnr.�.;.w's tonsent. '
<br /> 13. NO�IC�S. My noUee:��crrc�.er �rovlded t�r,in thls Sec;,r.:y f^sirumenl shaU ba cy�en by deli•rering it or by ma��g , �
<br /> it by frtst Ctass mail unfes9 appliCa,*,t��u r�quiros usa oi another trteth63. Th�ttntico sha��be directed to the Property Ac:dve;}or any �
<br /> . other address BortowM tfesigrtates by nofico to Lender. My notice to Lender shafl b� g�ven by frst class`mait te iendei s adcf►ess stated �f
<br /> r herein or eny address Lender designates by natica to 8orrav�et. J�oy notice pro��ded for ►n tfi�s Secu�ity Instrumcr; gb�li bo UremCd tb h�v�
<br /> ��. been gven to 8oaower or Lender when gti.e::eS protiidE'd in 1h1S p�t�gteph.
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<br /> 14. CiOV�rnfng Law: Sevarability. This Security 17sUumentsha�be gore�r�ed ty frCeia! ��r�enc!lt�c lar� at the�unsd�cf�o�! �
<br /> ili Y1hiCS7 tI10 Pid(3F:t�yi tS(bCJtCtf. 6r 1hU�rphl lhat urry pr�ti5ian qr ci3i�se pf thss Sec�irihi In�trtiment o►1he«37te c+�nflr�s vrrth . �
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