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<br /> abandoned Property+. Borrov�er shull nlso be in default iP Borrower. during the lona uppltcntion process. gave !
<br /> ��"` rflatexlally f�lse or insccurate iagormattoa or etat�ments to Lender(oe fetled to provide Leader with �!ny materinl ,�"
<br /> �_:�.� Infomaador�) ia conaecdon �vith the loan evldenced by the Note, iaciuding, hut a�t limitod to. cepreseatations �
<br />-���� concernfng Borrower's ecaupsutcy of the Property as u ptincip�l residence. If this Secudty Iast�ument is an a
<br /> _�� leasehoid,Bonrower shaU complY with the provisions of the lease.If Borrower acquires fee title to the Property.the
<br /> •_ leaseh+old und fee tide shall aot be merged wrless Leader agreES to the merger In wrlting.
<br /> �`:� 6.Conde�natlon.Tho proceeds of any award or claim for damagea.direct or consequentiat,in connectlon with
<br />-'�;;'�-� any condemnation or other taldng of any par� of the Propecty. or for cunveyance in place of condemuation, are �
<br /> rt ;r;,�,� hereby assigaed and shall be paid to L eader w the extent of the flill a�ount of the iasi�btedaess that re�unPaid
<br />.;i�:,;._� under t0e Noce and this S�ourltY tnstruraent.L,�nder shaU stpply such proceais to the rcductlon of the indebtedaess
<br />�;.:.;;�� under the No:B ansi this Secudcy Instrument. &at to any delinquent amounta applied in the order pmvided in
<br /> ���= paragraph 3.aaal�thaa to prepaya�ent of princ[pal.AaY aPPlica�on of the praceeds w the principal ehali not extend or
<br /> __— postpone the due dato of the ntonthly payments.ahich are reterred to in para8c'aPh 2,or change the amount of such
<br /> ___ — paym�nts. My exce..�s proceeds over an amount cequired to pay aU outstandin8 iadebtedness under the Notc and this
<br />--:��i. Sec�adty Iasaument shall ise paid to the entity legally eatided thereto. Bflirower ahall pay atl
<br /> „:„� 7. Char�es to Borrower nnd Ih+oiertton of I.eader's Rights tn We Prope�ty.
<br />�-•.,.�•;.� goveram..'ntel or municipal charges. fines and imposiHons 2bat are not innLUded�'paragraah vould adversely�affect -
<br /> these obligadons on time directly w d►e endty ahtch is owed the paym P Y
<br />:�;�„�a� Leuder's intemst ia the Propercy. ugon Leader's request Borrower ahall pTampuy �h �O �der receipta
<br />-- evldenciag these payments. h 2.or fails to perform any othct
<br /> --°=� If Borrower fails to make these payments or the paymeats required bY P�P �ma si
<br /> --- — wvenants and agreements wntained ia this Securtty Insnument, or there 1a a IeBal P��B Y �uY
<br /> � affect Lender's rlghts in the PmPeriY(such as a proc�eeding in bank�uPkY. for condemnation or w enforce laws or
<br /> _ '� regulations).then Lender may do aad pay whatever is necessary►w Protect the value of the Property and L.ender's
<br /> - ri�hts in the Prouert3+.iacluding payment of ta�ces,hazard insaramce and other items mentioned in para&raAh 2.
<br /> _ Auy amounts disbursad by Lender uader this paraBraPh shaii beaiuie aa ad3itias�2 s�ti af EQrr2x�?r and be
<br /> ---= secured by this Securtry Insuuraeat.The�se amonats shall bear iatemst from ttte date of disburseiaeat�az the Nate rate,
<br /> and at the apdon of Leader.shaU be imcaediately due and payable.
<br /> Bormwer ahall promptly discbargo anY lien which has priority over tbia Security Iastrwnent unlesa Bomower.
<br /> <a) agrces in wcIting to the payment of the obligation securcd by the llea ia a ma�wer acceptable to Lender, (b)
<br /> contests in good faith the lien by, or defends against enfarcement of the liem in. legai pmc�edings whict�in th°
<br /> Lender's opinion operute to prevent the enfarcement of the lien: or (c) se�ures from the holder of the liera an
<br /> agreEment satisfactory to Lender subottliaating the Iten to t6is��tY���t.��nder detemdnes that a�►Y P�
<br /> of the Praperty ia subject to a lien which may attain priorIty over t�is Security Ipsuutneat,Ixuder may give Borcowor
<br /> a notice idenufyIng the ifen• Berroa+a'sbaU satis�Y�e��or t�kc one or more af the actions set forth above within
<br /> 10 days of the glviag of noticcs.
<br /> 8.Fas.I.euder may oollea fees aad char8es authoriud by the Secretary•
<br /> 9.Grounds tor Acxelerntton oi Debt.
<br /> ' (n)Defaalt.Lender may.except as limited by regulations issue�by the Secs+etary.lr►the case of payment
<br /> dsfaults.requi!re immediaze paymem in fult of�Il sums secured bY this Soaut��t��ty Inamiment
<br /> (i)Borrowes defaults by fatiinB«VaY�fuil any monthly P Y�, �1
<br /> prior to oi an the due date of the next mcmtbly Payment�or
<br /> (ii)Borc�ower defeults by fa�lia8. for a period of thirty days�to Perfarm any other obligadons centaiued
<br /> ����'���t. lfcable law(includiag Section 34I(d)
<br /> N)Sale Witttout CredfR Approval. I,eader shall.if permitted by aPP
<br /> of the t�ra-St. Gesmain Depository Institutions a�inf full of ail swns secured by tthis SEatrity �Instrument
<br /> aPPmval of the Secretary,re4�immediate payme .
<br /> if:
<br /> __.--..-_= Q jDm4RINq leson
<br /> vaae a a�s ��u.n�.�li��
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