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<br /> . • i�1� i1'I�1� �1�Ir �oi�awlrlM�M i�� , ,.�R..'
<br /> :. ��M��1M��F��I�w�rt,r�1 Ao�dn b�ic Ndr oMqi�,r�■�R b���� � ,
<br /> � �p�cielwe�rwM�IOVMA ar IoM.bvYd�in�YM IhnpNb.A���Nd��*/'�wNl�cioi�tlw�nq►��d , � �
<br /> ' (o)'�tor�iiNnnoe�i+4��b!►�w�'� a�t!M Nw�l�to�,�r nroa�My �
<br /> • .8ro�,�qoa�r NrqillMw ibt hiar ��lb)�d(c)tb�il pud
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<br /> w�e�¢ by t.e�rd�r.piun�w r�otwt ia�ot l�iaasl d'qoS t6an aK-�xd1 At d10 ;.,
<br /> _ ,�Ii�i�d•liqoaats. 'ITie wwa�anouat tar ach iMa1 WuU IN�1�69 t�f� ��W�tb)�ad , _.
<br /> 1ro�bel�aro al[1am�Aeoo�M�. !��MU boid dM�aMll�OdMCqd bl pWt b pq '
<br /> .�'(c)beta�e die�►tiroatne delin9We�t-
<br /> ' U�t Nqr dms 1be�uut a�ihe p�y held by I.er�der t�at Nam f��N)�ad(a)�1o�h�witM the�11��1!► .
<br /> � io�,ac6 i�eau upiy�bk a l.aad�pior a Ha due daa d wcb ilaat,s�ROeedt bya�am d�n aa�ub tbe
<br /> ' a�f a�unt d p�yaneats tequhnd t�op�y wd�imnu arhea due��nd it pay�p�oa Ihe Na�e i�e cunaN.tMn I.ader
<br /> �til e�er n�d da e�s orer aws-:iath oi�he at�n�ted p�ynte�a a�dit Mee exow c�er meai�tb ot tbr aqlm�ted .
<br /> p w.RUb�e9�P�bY Ronowor.�R 1b aplion of f�nwar. It die tanl attMe pqr�mtde by Boe�ower
<br /> • iar M�pai(s�(b�a(a)i�iatuflkknl to p�y dia iAom rliea due.then Barro�wr�Wl p�y b lsder rq►a�ant.aeoewry b
<br /> m�loe up die defic ow oir b�to�no dib d�Ae 1�a ilem beoodro;dua. �
<br /> 11s mod i tld�. 1�mrwnaM.'Sec�ry"a�e�ns tbe Secretuy ot Hauin�aad U� or Mis ar hdr
<br /> � � Is wqr yair ia wb�G Qie I.eeder aa�atp�r a a��e�noe prom�a»10 tl�e Secra�rYa.e��y P�Y�
<br /> al�o iaclwde ephcr: (ii�u �alim�t,a�i6o.naud moA�e iacwanoe pnatai�►to ba pda b�r Le�er eo u�e
<br /> Seael�y.ar Ca)�montNy clar�e inetesd oi'a mo�a�o iacunu�oe p�emniuim if tbii Secwity 1�woaau i�beld by the
<br /> —. , - ,, Soc�i+��. 6aci►�ta�y iustaft�Cat af tha �ct pi+eaaEteue r.�6e�en�ae��w iwi�iciMt�o�o�cunwWe the ,._ _
<br /> .r;-- -�
<br /> ------�__.��__.. ----� :; foll iuwual insur�t�ce ptamiam with ane manth �►iLo c�1a����
<br /> -- � . p�aoium i��5ec�uy;m if�Secarity lact�aaaa is�the Sarewy.
<br /> :•'�i�•:• amount oqa�l to ane-twelRh of ine-Wf ot'the outsu�adiag 6da�ee due aa tbe Nae.
<br /> '-' If Barower taders to l.eoiter the fuU paymeat of�Il wms secu�ed by rhb Secwity iostrwaaN.Bonower�acaount
<br /> �WI be croditad wUb the b�lmoe ranaiaing far�11 instsllment�ior ituns(a�N)�d(a)md atort�age�oo
<br /> � �wn�a��c���w���►u��ua w�y w�s�y.+�a��'�uy„�a.ay �
<br /> ezass fuods w Borrower. Immodiwtcly prior ta w Y�1osw+e sate of the Property or ita�cquisitiaa by l.encler.BanowaTt
<br />= , '. a000unt�lW16e ccedioed wlth�uy bdanco tem�inir�g'For A11 lostall�ts for ite�m(a).(b)�nd(a). ,
<br /> • 3, A d Pa'meat�. All p�ymenis�nacier�p�phs 1 and 2 ahaH be ippliod by I.ader�followe:
<br /> _� :to the mortgage inw�aaee ptmitan t�be.�ld by�.enskr to the Seaetary or w tho monthlY c�ge bi'the . .
<br /> ec instead of the mantbly oavet��ge insuMr.e p�m�uao; , �
<br /> e
<br /> — � � a Any taxa.specid iwa�essrn�us,i�aiehoW p.yments or�OUndrean,aad fi�o.flood aad ahar h.wd
<br /> _ _ _ p�emiums.� uired; . _-
<br /> ----- -
<br /> ,So 7At�'L�Y dYC�!��5�: . . • � , --
<br /> '�, I ,to ainortiyaHon of the prdncipuE ot�tl�e Note; ,�, .��'�� .
<br /> -•. � ,to IAte charges due wn�ier ihe Note. _
<br /> A, !f'�s.l�iood nnd Other 1�A¢�'d Iacura�ce.Borrower shaU insure all improvemcnu on the Property.whether now •:•�;i;'
<br />-�' in oxistetue or sub�yuepUy erectod.�ainst any�+azards.cesuetties.end candagencies.including fire.for which Len�e� . ;':� �'
<br /> _ � roquires insmance. This iasurencc sh�l be m�iatuined in the amounts and for Ihe periods that L.ender requires. Barrower . ` �
<br /> �••;�,r,��` shWl also lasun all improvements on the Propany,whether now in caistence or subsequendy erected.Agaunst Ioss by floods -
<br /> to the extait re�uiral by the Secretary. All insure�xe shell be cerrfed with companies npproved by Lender. 7Ue i�uw�ce • '�'.-
<br /> po8cies and any renewals shdl be held by Let►der and chall [nclude losa poy�tble clauaes!n favor of,and in e form�,
<br /> - ,��::, �,�.. acapublew.Lender.
<br /> ''�`� ' In ti�e event of bss.Borrower ahall give L.ender immediate notice by meil. Lender may make proof of loss if no7' _
<br />����i: ��� ,' mado promptly by Bomower. Fxch insurance compu�y concemed is hereby nuihorized and direckd to make payment for -
<br />_ ��,; s,A.�� sw�h loss dlnecQy to I.ender,instesd of to Bomower and to l.ender joindy. Ai9 ar nny part of the insurance procoed�mey be
<br /> '� • �t� ` appUed by Lender,at its option,eit�er(a)to the reduction of the indebtednes.v under the Note and Ihis SeGariry Instrument.
<br /> ��•• ,± �'�:-, .ua► w�ny deiinc�uent amowxs applied in the order in Paragraph 3.and �hen to prepayrnent of principaE.or(b) ta Ihe =
<br /> ",., restoration or repa�r of the damaged pmpe�ty. My applica�ion of the procceds to ihe principal shall not extend or posf(io2+e -
<br /> r � ' ' the due dWe of the monthly puyments which are refemed to in Paragrnph 2,or change the fm�ount of such pr+yments. Any �
<br /> j;�.,y ,t._ �;.':� . eacess insurance proceeds over c►r�amount required to pay all outstanding indebtedness under the Note ai+c�this Security _
<br /> .' . ;r:'�;,: .-. �.._ •,;?ti�;':. lnstrument ahall be paid to the rntity legally endtied thereto. -
<br /> ••�:` ��'���'�"�`'�•��•t••,����� ' In the event of forecbsurc of this Securiry ln:trument ar other trnnsfer of ti�le to the Property�hat exunguishes the �
<br /> �'" "":';`F.E;�',,�' indebtalness.�II right,title und incerest of Borrower in and to inqutince policies in force shall puss�o the purchaser.
<br /> �� �` `�'°'�' �������'f'., � S. Occu c Preservation. Malntenonce and ProtecNon of the Pro n Borrower's Loan A IkAtion; =-
<br />-. • �;s,,,,. Pan Y� Pe 8; PP _
<br />;.�a- �.:i:�Si,_T L.� - .
<br /> ,, . l,easeholds. Borrower shell accupy.establish,and use the Propeny as Borrowert principul residence wi�hin sixty days
<br /> �.�"�i'' ��' '� after the execution of this Security Instrument and shall continue to occupy the Pro�erty ati Borrower's principal residence
<br />-�- ',� , �,'-':.��,� • , forat leastone year after the dete of occupancy,unless the Secretary determincs�his requirement will cuuse undue haidship �-
<br /> •" 4f ,?:?�'':fi�+:�; � for Bomower.or unless extenuating circufistances exist which are beyond Borrower's rontrol. Bormwer slwll notify ,�:
<br />"';!. ;�`�, "�'t��;;f�l- Lenders of any extenuuting circurnawnces. BoROwer shull not commft waste or dectmy,damuge or substantiolly char+ge '~
<br />° � .�,�,��: �� � -
<br /> , . ,�4��j'�:'����' the Propeny or nllow Ihe Propeny to deteriorale,rcasonnble weur and teur excrpied. Lender may inspect the Prapeny if the �
<br /> �",��iti'�jf�,f Property is vacAnt or abundoned or�he loan is in default. Lender may tuke reasonable �ction ta protect and preserve suzh �
<br /> ,` �+<-.s
<br /> ..,...-..-. vacsnt or abandoned Property. Hotrower shal! also be in default if Borrower.during the le�+n Npplicatien pmcec�.gave =_
<br /> ��'•�;':;`'`"'"''��/� materially false or inaccurnte iniarmation or statements to Lender (or faikd to provide l.ender with any muteriol
<br /> t .'. Nt�..,'f (i•�•�f;
<br /> ��•, �: �•�•;... �;.,�i������ information) in connection with ehe loan evidenced by the Note, including,bui not limited to,representaiions conceming �
<br /> �, � �,� , ::.,•_. =
<br /> �.,, � � �•... Horrowerk occupancy of the Pro�xny us uprincipul residence. If thi.Secunty Intitrument is on•r kasehold,Borrower shAll _
<br /> ,. r;.:;�rf��
<br />`', ��r-,,��,•�.�S.,�tw cqmply wNh the provisions of Ih�:►ease. )f Borrower ucyuire+ke tidc to thc Property.�hc leaxehnld ond fee title shaU not -
<br />�' � '�''`� -:.;"t�` � bemer Edunless Lender reesto lhe mer er in writin -
<br /> ,�, . ,,,..
<br /> t:.,;•_,. .. „�. � aB 8 8• _
<br />''�'•: �e-;>;:, � �.;�1.:.� 6. C6ergess to Borrowerpnd Protection td I.ender's Rights in the Properly. Borroµer�holl pay all govemmentnl �:
<br />�t';d: �? y���.l�,� �';;��.,.,.,,: or m�u►icipal charges,finea and irnpositions thaa ape not included in Paragt:�ph 2. &�nnwer sha11 pay theae obligations on '?
<br /> ;,;i �`: ,f!:��;.•.;';.�-;;;4;�r • lime direclly to the em�ry which is owed the.payment. If fnilure to pay would advec�ely atfect Lender's interest in the �'
<br />.� :.;;`�,,::',_:�f/��; '�� � ,Propeny,upon Lender's reques�Bomower shali promptly fumish to 4en@er recPipts evidencing the.ve puyrntmts. °
<br /> ;•:;,. : �i� li Harower fails to make tfkse paymems or Ihe pnymems required by Pttragra�ph �, or fails to perfortn any ather
<br /> �
<br /> -- _ covenan4s and agreements cont�ined in this Securiry Instrument,or�here is n legal proceec9ing�at may significontly affec� _
<br /> - ��w.�.rL .:e1N.in�1r pwr.rorfu Ic��r6 nc ��rr�riaAino in F,nntcmnt.�v. fnr rn+utemnntion or tn enforce law4 or reaulationsl. --
<br />- -- .....rv--=,�-s.'^-�--` e`..........r....r�"�.__'.. �..�.-"-.....o"' -----`�. •. - . �...
<br /> �Y ;�,�-.;," ',•�, w:::',;, then Lender may do and pey whatever is necessary�o protect the value aF the Roperty und Lender's ri(tius in the Property. �
<br /> �� � • including payment of taxes,haz�rd insurance und other items mentfnned irto is.rru�ruph 2
<br /> .5�� ',` �� `�� � �" An unounts disbursed b Lender under�his Pnro raph shall becoma�e on edditionul debt of Borrmwer and be securcd �
<br /> �s:. .-,,.�-�,;�.�:•: .. _
<br /> „� <. ,�:•.?•::�... .:.__,,K;<�;t. .
<br /> �,.:.�,,. by this 'ty In.wrument. sc amounls shull beur nrercst fram the da�e of disbursemenL at�he Note rate,and a�thc `
<br /> �;I�;;y�:',�,�', �;+,;��:`f�� opdon of Lender.sF�aU be immediately due and payable. �.`
<br /> �. � �4��h':.: �-' 1.�„ =
<br /> -� ,�. , � 7. Coudepuwtion. The p►oceedx of any aword or claim to�d�mages,dinct or conxequential,in connertion wi�h any _
<br /> c a r• ,.•.' . .
<br /> . �.� ,..�-�'::,,;+•,;." condemnation or aher taking of c�ny part of the Property,or for convey�nce in place of condemnation,ure hereby nssigned 1
<br /> ,_.�•�. :l'r'�►'~����;��u,�,� a�1 shdl be paid to Lender to the extent of'tt�e full omount of the indetxedness�ha[remuins unpnid under the Nate und this
<br /> l� � fi;'�� Y �
<br /> � ' '� {�1��' Securiry lnstrument. Lender slull apply such proceeds ro the reduction of ctse inEebtedness under the lk�und this 5ecurity
<br />• � ' `�`�r�� lnstrument, first to any delinquent amounts applied in the order provided in Pangraph 3,and then to prepaymen� of �
<br /> ,;°';� ` ,,..., •'
<br /> , �;.F;: �.;' principal. Any application oi�he prooeeds to the principal shLll not extend or po�srpone the due dute of the monthly �
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