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<br /> - obandoned Pro�Yrty. DDIY'0�9Cf BI1t1II olsa be in defAUlt if Borrowcr, duriag Ute loan npplic.�tlon prou�ss, �nvc
<br /> ' mnterinliy false or inFUxumte informution or stutemsnta ro Lxn�er(or fuiled to provide Leader w[th uny materinl ,
<br /> informetion) in oonnecUon with Uie loan evidence�t by the Note. including. bu: not limited to, representations
<br /> � „ oonceming Hormwer•a occvnvtcy oP the Propeity u�s n prlctcipul residence. If thia Secudty instnunent ix on n
<br /> „ leasehold.Borrower shall comnly with the pmvisions of�te lensc.If Dorrower acquicps fec title to the Pro�serty.the �`f`
<br /> ..J leusQbold uad fee d�le shnll aot hs merged unless drendQr ag�es to the merQer in wctting.
<br /> .� 6.Condemnatton,l'he prooeecls of any award or claim for damnges.direct or consequentiN.in ronnection�vtth
<br /> uny wndc�nnntioa orr other wking of any part of the Rugerty, or for conveyance in pluce of condemnatioa. ure
<br /> � � hereby nssigned ond shnll be patA to Lender to the eatent of tbe full amount of the irtdebiedness t4at cemains unpaid >,
<br /> und�r the Note and this S�riry insuument. Lender shail t�pply such p�s to tbe reductioa of tt�e indebtedness •�;.:n.
<br /> under the Note nnd this Security Inst�nt, fust to andy delinquent umounts applied lu the order provided ia �'._
<br /> `!,•�;"� ` � pamgmph 3,end then to prepayacent of prinetpal. Aay applicution of the proceetia to Hie principul ahall aot exteud or ' •T'•
<br /> _ .,.
<br /> � postpon�ahe due date oP the monthQy payments. which are refemed to in puregruph 2.or change the amount of such ',';:��
<br /> .: � pay�pents. pny exoess p�c�eeds over nn amount required to gsy all outstnnding indcbtedaess under the Note and this W
<br /> _ � 5ecwity Iasuucnent sh�il be paid to the entlty te�ally endtled thereto. : -_
<br /> . 7. Chargc3 to Ba�-roc�er ssa� Praicdlu� si HRte�ea•s Etlg6ts In the �perty. BorYOtirer shatl pay all
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<br /> � gove�eatal or municfpal charges. fiaes and iiapnsltions that are not lacluded in psuagraph 2. Bornower shsil pay
<br /> °� thess obliBattons on tlme d{rectly to the entlty whicli is owed tYte payment. If failut�e to pay would advers2ly affax �'`'�''�'
<br /> " " Leader's Interest ia tho Ptoperty. upon Ixnder's request �rrower shaU prompfly furaish to Lender �ceipts
<br /> ,, �R evidencia�thase payments. -,_
<br /> � If Borrower fails to caake these payaients or the payiaenu c�-quired by paragraph 2.or faila to perform any other ��-'�""
<br /> °'�: that�nay signiftcaady .
<br /> eovennnts and�gre�ta oontained xn this Security[nsuument. ar there ia a legal proceedlr+g � %:;__
<br /> .' nffea Lender's rights ia the Property(such as�pmceedin$ia bankn�ptcY. for cond,emnation or to enfomz laws or ,,_�?
<br /> cegulatlons),ttpen Lender may do and psiy wha:ever is necessary to protect the value of the Property and Ixader's --
<br /> ° . � , dghta ia the P�nopeny,incli�din�payment of texes.da�rd insuraaoe and other items mentioaed In paragrupb 2.
<br /> • Any auEOUnc��isbursed by I�cnder under this paregRaph s6ali b000me aa additional debt of Bamowet and be .
<br /> .. .. `�` - ����y�ic GraarjtY inctntment. 'Ittese ammunte sl�nll be.�t iate[est f�+um�tte dule of disbutsemEnt, z�t the Note 4,,.:
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<br /> � . ,.. ,.,; rute�and ut the opdon of Lender,shall bs irzu�d'asuely due an�payab�e. �.--:-
<br /> •�=` ��.. Rorrower shall promptly discharge any lten which has prioriry over this S,ecurtry Insteum�ent unless BorcTower: �
<br /> � '1%'` ��''"'� (a) agrees•fn w►idog w the paymeiet af the obfig�tIon sec�red by the IIen in a manuer a�eeptable to Lender. @)
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<br /> :.�f�,.�.•• , ��`�; contesta W.good faith th,e lien b . or defends a airist enforoement of the Ua► i�►, IeBal Praceedtags which i�n tha
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<br />.^.+:;G�'• ; ��; Lender's opinion operdte to prevent the enfoz�cP�nrat of the lien: or (c) secures fmm the l�older of aht li�n au
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<br /> agreemenG s¢t[sfectory w Lender subaMinating tfiz li�n w thls Se�curiry Instcumeat.If Txader determiges a�ias ony pa�t �'�:s'3'`
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<br />•:`�: �' of tho lfi�rty is subject to a Iten ahich mary attsiln priority over this Secvriry Instnuffint. Lender may give ���.
<br />. '� 8ormwer a notice idepdfying the Itea. Bomo�ver shall satisfy the IIea or take one or mom of the ac�ions sct fmth _
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<br /> � above erithin 10 duys of the�ivjng o!aottce. �
<br />.':�;,.. . 8.Fees.➢.cnder may collect fces aad ct+arges anthori�d by the Secretary. _
<br />;.�::, . �� , 9.Grovnds for Aoreleratlon oi Debt. =--•
<br />;;:;"-' ' ';•�;.. �; (a)Qeteutt.Lender msry.excepi as limit�tl by cegulatFons issued by the S�uy.in the cASe of payment �%`:..
<br /> ;•� •�'•,i:.�'�, defaW ts�re�olui�e immedIa�g�}nnent ia d'ull of�1 sums secucad bY thIs Se�vdty G�nt if: ""�
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<br /> (i) Bomnwer defaults by ffailing to pa�ta tUll any rtnant6lY PaY��1��!'this Se�atdty Insuumens
<br />::;�� . �:�. . Prior ro or aai the due date of the ne.�t�rnnt6lY P�Y�t.or =-_.
<br /> `;., (it)Borrower defaults by failing.fos u�eriod of thirty days.to perform any other abligadons containod �;;.;.___
<br /> . : in this Seairity Insttitment. _
<br /> . � . (b)Sa1m Wit6out Ceedit A�pmval.Lender sball. if peimitted by agpUcable Inw(including S�sxton 34l(d) `_-`_=-
<br /> , . of the (iara�t. Clennafa �eposicory InsdtutIons Ac� af 1982. 12 U.�.C. ITOIj-3(d))and wlth the prlor ._--
<br /> ; , '�: a�nuvaluf t�e Secretary.rc:qutea famncdiaec payment 4n full of all sums s _ere!ret!Isy this Se�rity instrument `;.y
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