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<br /> . aosteacz o�'�rse�oarty ec+ected,ag�nst anY h�ds.�mt'txa,.��..�.fue. for w�Iieodei:equ�ie:s�. �
<br /> ' _ � i�aemac. Ttis°in5ueaaa�sT�t 6e in�int�ed ia tl�e amouats�nd fa�.tlti p�'ffiaE l�odec mquines.�rrx sl�i�� .
<br /> . .� i�e a[!ia�ovti�ts on tt�e Plopetty.vpMLer now in e�op or s�b�eQi�mt1Y emcted.a�Iio�b�r flaods to t6e exoent ' �
<br /> . caNir�6�'tUe Sec�dat�. AJI iras�ance sL�Ilybe c:aried.with o�appr�vod by ixt�ler.Tf�e in�ttismoe poIicies antt any' `
<br /> _ �valssMll b�,l�ld'!►y I.+enda aod-sintl i�,luss.payal�Ie c�use�infaira�o��inafam ac�k to:.i.ender_.,. . - --
<br /> . � , . . . . _ ; . , � . - . � z
<br /> Ire,t6e evd�of la�s,Bortvwrr sidl gtveY�ender i�ne�te ratice by�mi1-I.eides may mite�Stoof of.tuss if uot-m�t �.
<br /> `. @mmpt�y t�y Bor�owec.�Bacfi iasu�aooe aopq�t��ooeemo�is h�neby auttioriu�d aod diireAed tn m�tca�y}neat fot such loas ,
<br /> ' . dir�tf}+�to t,aadet,i�s'te�d.of ta Horsu�vrr aod to t.endor jnmtl�.Ait or�ry p�t of dr ima�aooe prabad�nay t�e apptied�i..°,:.-e--
<br /> � ' Ia�der,at iu option;;dtbe�(aj tu tLe rie�af tbe�unde�tbe Note and dns,S�r,vriry.It�nimt,�nst to s�ny . ;
<br /> . ddinqitent�amts applied in�th ader in pgn�gr�ph 3.aud thm to prspayu�eat.of prarap�l,or N3��d�'��.�� : _
<br /> . of fhe d�ed Pmpeuy. A�►Y�PP�of fGe pi+aaeeds w the priucipql sldl!nat e:oaid�ar postpbne tb�.doe date of`tpc � :` �
<br /> . 'monddy payments'ovWch ue ief�xe�to itl p�ph 2.or e�ange tlse amount of`su�h payma�fs.Aay txcess finsurance pt+c�caeds . �
<br /> , over��dat�d to pty ait owstartding�6ted�s undec tl�e Note and t�is Sau�jr I�sbaH be poid to tbe
<br /> . . entity legglig axitlod t6eretb.' . _ . ' . • '
<br /> . < <: . -
<br /> . • . '.�.. : • . ' . -
<br /> � ` - In.the ertut of faieclos�u�e o�this Seauity In�ament oc'adtec t�asfa ajf•title so d� Propaly!L� extingaisbQ t4e � • -
<br /> _- — indebtedness,al}sigM.�titk ar�itue�st of Bonower in and w instuanc¢policies iq foree sbaU pass w tbe pu�er:,
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<br /> :_.; tl�exavtion of t6is Seeurity Imhmneat and shaif oontiaue w a�cupy the Propecty as'Borrovver's principal nsidenee for�let�t
<br /> -- i one year after the date of oocupancy:�ml�ss the Sq�eta:y d�nes this�eqaina�ent will c�use wtdue hudship for Borrower.
<br /> F`y � - •ot tmle.ss� cic� e�ist which Atc bryo�d-8onower's contml.:Borcawet.ahalt �oiify-t.erdees of uqr-
<br />`;?' e�ictent�ating circumstanas.Borrower shall not wzmnit watite or destmy.dama�e ar substantiaUy change tbe Property or ailow
<br /> _- E , the Fropaty w deteriorate. reasombk wear and tear excepted. LeMer may inspaY the Property if thL�Prapersy is vxant or .
<br /> . � 'abandoned or tne loan is in defaut� Lcnder may ta�e r�easonable action w protect and pnserve such vacant or abandonod
<br /> _�` � � Prapecty.Borrower shai!also be in defaWt if Borrower,during the toan a�rplicat'son pmce2ss,gave materially false or inaaatrate
<br /> _'' � infom�ation or'statmxnts w I.ender(or failed�w.provide L.ender wit6 any nlaterial information)in wntbction wIW the loan �
<br /> � evidn�by the Nou.:including.9xit not limited to. r�pre.centations�noeming�orrower's aocaQancy af the Pr�uperty as a
<br /> _ ? Princjpal residenca. 1f this Secarity I�mem�is on a leasehold,Borrower shaU comply with tNe provisions of tlte le�so. If
<br /> - - Bamower acqairas fee titte ta il�e Property.the leasebold and fee title shall twt 6c merged�mtcss Lcnder agrees to thc�r in
<br /> =r. 11RIUAg. ' .
<br /> ..::;;�;;; ,z; 6.C�s W Sorrovrer aad Protedbn of I.cnder's Rig6ts in t6e Property.Borrawer sdatl p�y all goverrnnenta!or
<br /> _ � � �;•:�„�. municipal charges, tines and impositipns that are rtot included in patagreph 2. Borrower sha11 pay these obligations on Gme
<br /> - ;ci =:�;I;:.'`-`•„�' directly w the emity which is owed ihe payment.Ii f�ilure to pay would adversely affect 4�ndcr's irterest in the Property,apim
<br /> � �"°=- l.eada's t Borrower sfiatl ro
<br /> - �1� P �Y�h to I.cnder reoeipt4 evide�rcing these payments.
<br />� �.�; ..
<br /> ' _.-'�-: If Borrower fails ta make these paymen�S or the payments required by�ph Z,or fails to perform any other covenants
<br /> ..:�5: and containad in this Securi lnstrument.or there is A 1 nnceedin th�tt ma sl ficantl a�'ect Lendet's ri —
<br /> , f'_� .. �� �Y �P S Y S� Y S�
<br /> - �';".�s.#.�z..;:�?• ` P S � Pt�Y. regularions).then Lenderma do --
<br /> ,. in the,Property(such as a roceodin �n banktu for condemratiae ar ta cr�force laws or y =-
<br /> � ::�;":•:�r' '.' �. and pay whauwer is n�;essary w protect the valuo of the Property and l.ender's rights in the Properiy.inclading payment of
<br /> ' •���:f'��:{ taxes.tmzaM insutartce and othcr items mentioned in paragraph 2. .�� ' �,.
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<br /> w;..' '-''�. � Any amaunts disbursed by I.ender under this paragrnph tihap 6ecome un additianal debt oi Borrower artd be secured by
<br /> . - ...,�,{, -
<br />_ ����;.".�_•�° . this Security Instrument.These amounts shali bear}nterest from the date of�lisbur.semen�at the Nate rate.and at the option of .�,
<br /> -` -:" �Y•��y��r
<br /> +� � � . Lendcr,st�all bc immodiutely due and payable.
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<br /> "'�`'"�': �. Condenmation. The of awaN or ciaim for ��
<br /> , procoeds any damagcs. dir�xt or conseqnentiat, in connectiun with any
<br /> . : _ . *.;�" condemnation or ather taking af any paet aP the Prc►pe�iy,or for�vnveyanct in placc of condemnation.are hereby assigned and
<br /> �•-_.�.� shaQ.be paid to Lxnder to the extent of thc full amnunt nf the indebtednes.4 that remains unpaid uTfdcr the Note and this Serurity
<br /> " `�``-'''''� � instruntent. i.ender shall apply such proceods ro the reduction of the indebtedness undtr the Nnte and,this Securlty tnstrum�mt.
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<br /> � frrst w any dellnquent amounts appiied in the ordcr pmvidod ln par�graph 3. and then to prepayment of principal. Airy •
<br />- ,'' '�,' '�' a licetion of the proceeds to the principal shall not e,�ctend or postpone the due dute oP the tmnthl '`
<br /> y paytttents. whicfi are
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