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<br /> . �F��F�OOa!������"t'�`HOIT�fEE S�T I�ItrC iII�ff�6YC�5 OQ�IC�dty,WI1Cf�1lt DOM 70. ` . .�
<br /> " � CIlSCiOLZ QL..SIibSO�]q�T1v�'�C(0�+7�iA4t aR�!118TJ1[i�S.�.SOd OOINlIlgrACl�S.IIIC�UdIQ$ftl�.'.f0!W�UC�I irbOdCf tC�I1tIQS .
<br /> in�uu�tioe. 7'bus ir�ls�e strail be��in the att�onat`s and for tbe periods that[rnd�r nequines. Bomawer shah atso'.
<br /> insuir all im�roveanmts oa d�Pcoperty. r now ia e�i�encs or subsequeraly erocted.against toss�tiy llood�to the exte,nt ` `
<br /> • nequia�od by tlr.Sor.ret�y.All ins�ranoe s6al!be prried witb co�panie�apptaved by i�p�der.Thc iasnratica policie�aad any . .
<br /> - ` _ra�vq�ls�shalt bc hdd hy La�der�d s6att,indiode.L�ss.payable c�uses_in 1�avot of and ip�fpmt aooep�le to;Iender. � `
<br /> , ; , , - .� _ � :
<br /> � la the�vag of lass,Bor�owa s6a11 givc Lendu immodiatie hotia by mail. Ld�det may mai�e proof af Qoss if eot made `
<br /> •�• �t1Y bY�Barcowes. E9ch i�oe oa�aay noQaenrod is hereby wthorezed aad directnd to make Qa�naetrt�or s�uch�toss-, '.
<br /> - diroctfp to t�ender.instead af w Berrawcr and to l.e�dr,Toimiy..AU o4 anY•�ut of d�e�oe pmceods may 6e appliod by .
<br /> �ltnd�r.at its option,eitder(s)w the c+edtuc[ion of 1he i�ed�ss widec tl�e Nate aM this Soc.wity Iruuument,fust to aey� . .
<br /> ddinqua�t amoents a�pliod in the oidec in garagr�pl�3.aad tbea w pnp�tymeac of�ip�l,or lD)w t6�testotatioa or rep�ii,
<br /> . of tTrc ds�ga� FnopeEty.�i1uy appliceuon,ot'tt►e pr000pds-to d�e p�incipa'�'sl�ll.00t extatd or postpnne tbe d�date of the `<
<br /> �� ��Y P�Y�whicD are refernd to in p�arag�aph 2r or cl�ange the amount of suc.h payments.My exaess insuc�nce Pram!eds
<br /> �- op�an.amoum�+aq�dned to pay all austaadiag i�d�ebteduess ntider the Note and�is Saurity ts�t shall be paid to the
<br />��. - entity tcpity e�itleii tt�e�efo. � � . , • `
<br />',��., � � IA ibC eYdlt Of fotiOClosuie of this Secuiity Ir�tu�t Oi ot11CI IiatlsfC[Of dde to dIe Plr�paty d�at e7euttiIIguisl�es the
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<br /> ' (f1dG�0�O�SS.8��tl$hl.h�t�ttltCnS[Of BO�TOWC�/11 aUd IO ItIS11t8O1�C(��1CI�S III fOICC 5t18Y�QG�S IQ t1iC pll1lC�Id'SCL� .
<br /> - S.��� Pi'!8�'Y�OOf ��Illti' � �IaEC�OO Ot �1!' �y's �Q''S l.OID a+��
<br /> ' I�seMolds. Bonowea afiall occupy,es4blish,aad use tbe.Property as•8ormwer's piinclpal rrsideaoe within siuty days after.
<br />= the e�ecution of t6is Seauity Instru�e�and shaU oontinue w accupy tbe Panperty as Borrower's�rincipet residenoe for af least .
<br /> one year aRer ti�e date of oc�vpancy.tmless the Sectetary deteanines this requitement wil{cause andae hardship for Borra�uet. ---
<br /> � ��.� or unles.s Bxtenu�ting cicwmst�noes eatist which sme 6eyo�-Bomo�rer's contml«Bamuwu,shall uotifY I.crtders of �rty . `.-,.—
<br /> . ,�- �--__.� ��-_
<br /> `�i��r=. �` � " exteauating circnms�. Bortuwer shall not commit,aas�te or desm�y.dama8e or su�tantiatly change the Roperty or allow
<br /> . �•`°��'�� tlre Property to deceriarate.masor�able wear and tear ezoepted.leader may inspact the Property if the Property is vacant or ■��_--
<br /> �._;'-.,; `.� . �,�''=
<br /> �. ., - , aba�tdoned or the laan i� in defaul� IetMer'may take reasonable aaion to pratect a�prescrve�sucf�vapnt or abandoned �
<br /> _- ' ,�'_'••:' .'a ' Prapecty.Bomnwer shal!alsobe in default if Borr+�wec.during the loan,applic�tian pracess,gave Ynateriaqy false or i�ocurete � �"'_'�-
<br /> -'... •i�:`�. .'' infornqtion oa statements w Lender(or failed w pravide 4mder with any materia!infom�ation)in oonnedinn with the taan . ��
<br /> 'a�.°f:-'�r��-'� °—-
<br /> . ' M.,.a..a..��„° evidenced by the No[e,'iacluding.�6ut not lim�ted w. rePresentations concernir�g Borcower's occupancy of the�ProPeMY as a �
<br /> ' ��'�' = * ' , . principa!r�cidene+ee. IP this Security lnstmmam is on a.leasehold.Bortower shall comply a+ith the provisim�s of the lease. If �'°
<br /> . '�'?'�"-:., � . ftorroarer acq�ines fec titt�to the Property.the leasehald and Fee tide shall mt be merged unless I.eader agrecs to the mcrger in --,�-_
<br /> -����; " writing. . � �;��r'-
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<br /> � ' � < 6. Clwrges to Borro�er atd Protection of Lender's Rights in the P[o�tetty.Borrower sl�all pay all govemmental or ~'�`�.:
<br /> . - • mwticipal charges. fines anJ impasitions that are nat included in{rat�graph 2: Borrower shall pay these abtigations aa time
<br /> � • - � di�ctly w the entity which is owed the payment.If failure W pay would adverscly affect L,ender s interest in the Praperty,apon • � '�
<br /> �-�::i•.�.` ;' I.ender's request Borr�wer sltali pr�omptty fumish to�l.e�er receipts evidencing tlmse payments. _,r-,�°
<br />_ _ , ,�� _-
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<br />- ' If Borrower fails to make these payments or the payments required by pa�agraph 2.or fails to perfarm any other oavchmnts
<br />`� �• . and agr�ecmenu oontained in ihis Sewriry Instrument.ar there is a lesal praceoding that may significantly affect I.eiMer's righu : -
<br /> - --• �' " � in tttc Property(such as a ptocet�iing in banlcruptcy.far ccmdemnation or to enfarce tawc ar regulatiabs),then Lender may do ' �•
<br /> � �� '. - 't . .%*:• and pay w6atever i!t necessary u�protect the vaiue of the Property and L,cmdcT s righ�s in thc'Property.irrclndinS paYment of .. r �
<br /> • . taxes.hazard insurance and other items mcntionod in paragraph 2. " . �. ��.
<br /> , .. . • , �
<br /> � Any amoun�c disbursed by [xnder under ihu paragmph shall bc;come an addiii�mal debt of Borrowcr and be secured by . �
<br /> � " ;,,��'��, . _ � � this Security lnstrument.7'hese amountc sha11 bcar interest irom the datc of disbunement.at the Note rate.and at the�option of `�
<br /> • ' _r
<br /> _ _ `. . .. _ Lender.shall be immc�iatdy duc and payabic. ---.
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<br /> 7. Condemnation. The proceeds of attiy award or claim for darrrages. dircct or consequentlal..}n aonnection with aay .. ., .�
<br /> _:._ ,., .
<br /> � R+ �+. ..�. _,_ _. oondemnation or.ather taking of anr part af the PrapeAy.ar for conveyartce in plare of candemnatien.are hereby assigned and �
<br />'' �` `�' ~ `. �� �� �sha116e paid to i.ender ta the extent af thc full arrtount oi the indebtalncss�hat remains unp�aid urutcr the Note and this Security ' � � ,
<br /> _ :1.- _
<br /> -� . ': I�meni. Lender shalt apply such pr�xoeds tn thc roduction of the indebtedness under the Nqte and this 5ecuriry Instroment. ,- ' �
<br />_ • - •�, , �::: �' first to any delinqaent amounts applied in tT�e vrder pmvidod in pivagrnph 3. �nd then ta prcpayment of prirtclpal. Any '
<br /> - � � �; � . application of the procr,�ds to the principal siwil nut c�ctcnd ur pcntpane the due date of�he monthly payments. whlch are •
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