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<br /> " ; ` . �.. � t :- .�sh.0 in�e■u i�g'an�e�openy.whair�����: .F
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<br /> # , ea�or su6�sa4�Y�-��Y�•�uatt�,aad ooat6rgd�ies.iecl�slii�fire.[oc whic6 La�tr roqrita`- =
<br /> � .insunnoe. 'Ibis iafiiraoc+e shail be�mai�ii4ed in t6e amDuots and for t6c pedodst tlat�ender tre�uiies. Borrower`s�ll also= .
<br /> iawne ait itnprovemeot3 on tl�c Pcopenty.whaDer riow iu existenoe or subsaqum[IY e,�ected.agai�loss 6y IIaads tu tUa extait '
<br /> � nequitod by.tbe 5ecrmcY-A11 i�nc�e shall4t rartied with�mi��pp�coved by[�nder.'tt�e ins�anoe policies aad aay
<br /> ( .� ., naeMals si�ll 6e`hdd by i.mder aad shail incl�ide ioss payable cl�ses in favor of.aad in a fam aeapabk.to,La�der.
<br /> � �� - `ta the eveat cif bss.9orcower sbsll givc ireedcr immodiate oaice by m�il. l.ender may mats p�iooF of loss if mt m�de
<br /> ' P�P�Y b5'Bamoxes.Ead�inwnm comp�ty conamod is hereby.�uthnciud.aed diarted to mailce PaYmeot fot.sut�tas
<br /> �, dicactiy to i.ender.in�tead of w Botrawer and to L�jointly:Al!or any puE of thr insur,ujot p�aoceQs may 6e applied by.
<br /> — _. _ i.adef.a�its option,et6a�(s}to tlre zodncxiou of t,be indebmdacss wxi��the Nate and thts Sa�uriry Instrument,first co�ny
<br /> detinqaeat amouats appliW ia the ozdu in pangraph 3.and dsen w pre.paymmt of�incipal.or lb}to tbc re�or�io�ar rep�ir
<br /> � of tht d�Bed F�pp�tY-��!f�pplia�ia�of the procads w tAe princip�l ah$Il not extend or postpone tbe due datc ot d�e
<br /> F . ��Y D�Y���m ieferced ta i�puagreph 2,or cUange the amount of snc�payirraus•Any eanss i►ssurnncae ixo�ds
<br /> � . over w amoura requi�od to pay a�outstaMing iadebtadne.ss under the Note aad tlus Secnricy I�rument shatl 6e p�id w.the
<br /> ___=e�tY kgallY pititladtGereto. ..
<br /> . . In the event of foredasitue of this Sauriry Inmummt or other transfer of tiUe w the P�+apaty tl�at extiagtusl�s tht
<br /> Indebtodness.att right.titie and'mte�est of Borrawer in aad to u�surana policus in force sdaN pa�to tbe purdsaser. .
<br /> 5. Eke�. ��tio�t„ 1�Ia�t�e as3`�dios °t tlie, Propai9+ Sore+owa's Lo� Xppiidtior.-�.
<br /> t�dntd�. Bono+Rer s�occa�y.establist�;_�use the�P�ope�ty as Horrower's princ�xil iesid�nee azthin:si�ty days aftec.-:
<br /> tUe eucutian of tdis Sa�.��d s6a�oontinue to.doaipy the Ptopecty as Bo�wer's prit�ipad�oF tor at least` �'.
<br /> �a�e yar after the daae of oa�;unless the Secretary detecmtr�es this nquirement w�7t r.wse an�:�:�Et:�g Ta��erruwer.
<br /> .
<br /> - or unless extenuatiag cimuic�aa�s exist which are 6eya��•�rmwec s wntrol. Ba�er s1�atl i�"g.,�:�any
<br />-__ � extenuating cirwmsfanoes:Biiar�ei shatI nat oorrunit waste's�;�oy,dama8e or sabs�atrtially chaa�et�:�tig�¢��:c�allorv .
<br /> the Pmperty to deterior,ite.a�asdnable wear and tear e�cceptet�:;.�..e�er may inspect the Property if tTte P�op�'i3':���s�cant or
<br /> ' abandaned or the Ioa*.�:s`s in�elt. Lender may talce reaso�_.afsle action to pratect and preserve sucir va�apt a�C:�andoned
<br /> _ praperty.Borrowers'ha?!also be�c¢efault if Borrower,d"�.�the loan appliation process,gave materialiy falsearir,,�ccurate
<br /> - infom�ation or statense�to L�(or failod to provide�.�`+�er with anY mater'sal information) in cunnectinn.ni�ks�t toan
<br /> -::' evidEnced hy the l4k�e.inelud'mg. but not limited to, representaaons cancerning Bocrowec's accnpancv.Qf th�;:Fr�as a :
<br />-'"' principal residence:3f this Se�rity Instru�i�un a leasehold, Borrower shall cemply with the pf�����qf��'se.If�: .
<br /> __ � Boaower acqultts fee titte to the Praperty.the i�old and fee titte shall not be merged unless I.endess��es ta tti�ics�ger in
<br /> - writing, • • `
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<br /> � i.Clwtgeg to Borrower artd Arotection ot Leader's Ri�hts In the PropMy. Barrn arer sha11 paY all,govecr.:-.,ental or
<br /> =`�' municipal charges.fines and impasitions that are not inctuded in paragraph 2. Borrawer shall pay these abligations oa time
<br /> directly ta the entity whieh is owed the payment.If faiture[o pay wautd adversely affect l,ender's interest in the Pmperty,upon
<br /> ;;,�; Lender's request Borrower shail pramptly fumish to I.ender receipts evidencing these payments.
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<br />- � If Botrower fails to make these payments or the payments r0qujred by paragrapb 2.ar fails to pert'orm any oth�vavenants
<br /> � . �;�� and agreements contained in this Security Instrumene.or there Is a tegal proceoding tflat may sig�ificantiy affect Le�d'ec"s dghcs .
<br /> _ , •� in the PropeAy(such as a proceeding in bankruptcy.for candemnation or to enforce laws or regutatiaa�}..rhen 1»end�caay do.
<br /> ' arKf pay whatever ic necessary to protect the value of the PropeRy and Lender's aghts in the Propet�::netuding pa}:..Qnt of� � .
<br /> - taxes.hazard insurar�ce and ather items mentioned in paragraph 2. � �
<br /> Any amaunts disbursed by i.ender under this paragraph shall become an additional debt of Banower and be secureA by
<br /> "��,' th�s Secudry lttstrument. These amounts shall bear interest from the date of di�bursement,at the Note rate.and al the optio�of
<br /> _ Lender.shall t�e imiriediately due and payable. , . .
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<br /> � Condemtw;Qon. '!'he.$nrxeds af any award or claim for damages.direct or consequential. in connectlon.with any .
<br /> ' Cor�",.�ri�ation or othecf,�kia�;ot'�,.iy part of the Property.or for conveyance in plxe of�nndemnation.are Aereby�ned md ,
<br /> - " �.'csIC t�e paid to Lenct,�•s ro the extent of the WU amount af thc indcbtedness�ha�remains unpaid under thc 1�Sote and ti�s Security
<br /> � lastr�istrem. l.ender shall apply such prncerds to the reduction of the indebtednesti under the Note and this Securiry.Instrument.
<br /> frst ui�any delinqucnt amounu applied in thc vrdcr pravidcd in p;�ragraph :�. and then t�� prepaymcnt af yrircc�pal. Any
<br /> ap�lcw:#�n af the praceeds to she principal shall not exten�or postpnne the due date bf the mnnthly payment+, which ue
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