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<br /> _ 4.�tee.blond aed Otl�er Htr�e+�L�e.Boirawa shail iawre��aaents on tbc Pmpc�ty.wt�cs naw irt
<br /> _ t�Ar�Y et�ctad.��imt a�ry duacds.casualties.aM cvptingrncies.iectading fire.far which irertdct t�tit$s
<br /> � ins�usmce. T7iis iasuran�e 'shal{ be�iw the amouat�and far the periods ti�at l�eader rrquires. Borro�ucr sha1L a��•
<br /> - insun all ir��ovement�on t�se F�+ope�cy.whether aow ia e�cisttnoe or.subseyaeatly enctsd.3gaiast toss by iloods tu the cxtc�m
<br /> - � cequi�ob by t6e Sa�raazY. All auur�uue shall be carrleQ with wmpanies approved by ixnder.'i4�e insacazsce po{icics and a�.
<br /> renec�ais sf�alt De hsfd by I.erxter ard shall include toss payabfe clauses in favor of,and iss a furm accept�ble ta.I.e�der.
<br /> In t6e eveat of toss.Borcowa shalI give Leader immediace aoace 6y maii. Lender may mage proaf at tu�if not°sss�e
<br /> P��Y by$oriawer. �acti msmana�vompaz+Y,cos�oemad is hereby autlmrezed and dr�ected to anke�yment fer such:tu�.ti.
<br /> direct{y to[ender..iastead o€ta Bormwer and to Leader jointty. Aq or arry part af tt�e insur.nx:e praeedq m�}be apPlied'�y.
<br /> t�der.at its aption,either(a)to t6c reduaion of the indehtedsess undea the.Note and this Securicy Iru�tument,fir•st ta�an�
<br /> delinquenc a�nounts apptiod in the order in patzgiaph 3.a�thea to pnepayment o�psincipal,or lb�te ekc resioiatinn.ar aep�i�
<br /> - -- -- aft3se d�ag� P�}• �st3'�raticns af-dsc��3s-ta`v`s�priuci�sh�1 mt extend os post+wr�e the duQ dsua af ttta=
<br /> - moatbly Qayax.�ts wt�ic�ate iefe�d to ia paragraph 2.or cbaage the awourt oi such payrt�ts-AaY eacee�ss insuratte�prtx�cc.'d.ti.
<br /> aver an amount reqs»re�Y.m,.pay all outstanding indebtedness under thc Note atd th9s Security tasuua�ent sfial{6e paid ta tha
<br /> '� entity tega(}y erctidtd thei+'eto. �
<br /> �� In,�e event of foreciosure aF t}�.:Security Instrament or other transfer of titIe to tbe Progertu that ea3in�i�itas.aUe
<br /> ':=�� .,..indebt�+:�ss.all right,titte and intecest:of.Borm�er in and co insurance polisies ia force s6all pass to the purcht�zr
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<br /> -___ ::;�.� ,�.;'`��,.._4�p�c�,, pr�a.vaHa�t: l4f�inten�uce send Fr+�on ot tbe Ptopert�y; Sorrower's L'asm� A��Tfcatjoo;
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<br /> --' `�'.��`:La�olda. Bairower shall aeeupy,��ablish,aad use the Pcopecty as Bomawer s principai resiQenee within sitst�c��afttr
<br /> - - ':;' tue eaecution of this Secarity Instnunent and sha11 cantinue to�upy the Property as Bomower�5 pRtlCl(12f.i1351tIfSDCE.`fOF�I�35t
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<br /> ::�;';'- "� oae year aftar the date of acc�ancy.untess the Secr�arY deternnnes dris mx�uiremeat will cause undue hatdsd�ht�for Horcawec, ,
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<br /> �: or unless estenuating circamstances eaist which are 6eyand Sasraaei'� c�o�tsoi. Borrower shall natify.;�tu�ders a€any =--
<br /> . . ' e� �,� a�.8oao�►-�cshall not vommit waste or d�riuy..d��e ar substanriafly.changn tha RropertY or allow __-
<br /> � the l�cpp�ty to deteriordte. �ea..�t�.wear and tear excepted.-�dzr may inspect the Propeml if tha Ft�rperty is vsisant or -=�:_�-
<br /> �• .>; abandoned or the toau'is in defa;ttcti �.ender may take reasona�I., action to protect and•prese=*ra stich"�vacant or abanQoned �_i�
<br /> � . ` °, property,Borrower Riial€aiso be in default if Sarrower,d�ring the loan application ptne�ss.gave mat�izt!!y false ar inaccurate —
<br />. :, infotmatioa or stai�to Lender(or failed tn psovide l.endez aritt�any mateiial infartnati�m):in r�anection with the loan ��
<br />„`, , -' : eviden�ti E�the Note.inctuding.�SL`R0t IIII]it9�.Co..represent�Pns wnceming HarroNer's ua�upxnry of the Property as a �'L°
<br />_ ;. princlp�l,l:i,�iderxe. If this Securitg'rii.5uument is o:s a tea�eh:��1�;�osrower shall•oompiy with thr provisions of the Ie�e. If __-
<br /> � Borrower acquires fee title to the Pr„�...�ty.the leasehold and fr�iiife shall not be m�ed un{�.�Lender agrees to the mes��s in ��_.�W:;;
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<br /> '. ,.f�: ' 6.Char�yes to Borr»wer aud C'crstection of I.ender's Ri�ts in the E'aupert!r:Horrawcr shall pay alt govemmenta! or = ��-_-
<br /> mumcipal charges. fines and impuS�uers that are aot included ir,paragrnph 2. Bc�mnver 41s�t1 pay these obligations ai time �����,�:t,,:{':_
<br /> � "� dicectly to tha entity which is owed ti�payment.If failure to pay i��ould adverseiy affect Len:er's interest in the Propr�•.upon - .��{,�::--
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<br /> • . Lender's request Borrower shall promptly fumish ta Lender receipts evidencin�th�e payments. . _
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<br /> - If Borrower faiis to make these Qayments or the payments required by pa�agraph 2.ar fails to perform any other covenanu ���:.,-'-y_�:•:
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<br /> =',f and agr�ments cantained in this Security Instrument,or then:�s,:r`egal praceeding that may signifipndy affect Lendet�tights :-f-�l=f`-
<br /> • � in ttte l�tt;�xrty(such as a proceeding in bankruptcy.for cand�s,ion or•tn enfarce laws or regutations).then L.endc�c��do � ._,"�,�;__
<br /> • , j and�rg:vtC3atever is neoessary to protect the value of the Prap�i1• and Les�d:.r's right� in�the Property. including paymi�'.t of ��:.•.' 4-*
<br /> taAes.�.�insuraxt�u:assd ather items mentioned in paragrapb 2.
<br /> � � . ,a:riy>��z-nour�•ii:tiarsed by I�Qer under this paragraph,�h�ii ls�s:�'e�.'�udditianal debt af Barrower and be s�u�'hsy �;;:"X�.
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<br /> •� this S�c`�ty Instroment.These am�ur�s shal!bear interest from.thr•.date of di�bursemcnt.at the Note rate.and at the c�sWsa of �>;:��1��:-
<br /> • " , L,et�der.shall be im�-.diately dae and payable. �
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<br /> +'� � 7. Condemnatlon. 'Phe praceeds af any a��:3ni. ��r clairt fnr damages. direct ar consequemial. in connection with any
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<br /> - condc�mii�:ion or other takins of any part oi the Praperty.or fnc canr•cyance in place af condemnation.are hereby assigaed and •
<br /> ' ' •�:?� shalt L�.s�:d to Lender ta Ihe extent of the full amount of the iadehtedness that remains unpaid under the Natc and this 5ecurity
<br /> � _�t��'"�`" lnstrua�E�,r. Lcnder shall appty such proceeds to tfie reductiun of the indebtednesti undcr the Note:�nd�his Security instrument. �
<br /> . '"�-ti first to any delinqaent amounts applied in the order providcd ir�paragre.pn 3. �nd thcn tn prepayment af principal. Any
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<br /> E�, application of the pnx:eeds to the principal sh�ll �iot extend c�r pastpone ihe due daee af�he momhl�� payments. which are
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