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<br /> ` L'�jf � � ;: f■IMwt ay�,Nle Cirr�, 1p[v�ar iW paS►wYn i�Iit pei�clNt 4��i iwwt o�.. � ' ` .
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<br /> '' � y�f� ��C���¢L�f�t M�'�N�+, . . . , .
<br /> � Z:.��/�����r��0!��!� �Of10�Mlf��IIC���'i�i.����� � � .
<br /> ' 1Dl1�M��E]If�IC����!E�iCf��1h0 TTOk� ��►M�'t1t iRf(�j 1�M� . .
<br /> ` `�OC��l�E�E�E1►��IOi�.'kYlOd�wG�1El�s�3���a��1i001��1y*�
<br /> . � tc)�P'emi�r tar`ie�or+tloe ee�eed 6Y�l�e(�V�pi 4• � ' '
<br /> � �. , �o�Ut�t imadmmt fa��ems�(sk.tb)Md(c��W!eq�nl ase-twdtih d die�naat adornt�.a�rea�oiNWg ,
<br /> � p1�by:t.e�ader. au anoaot s�icKat w�i�addi�aa�1 i�l�nce of aot nwre tlws a�a�ti�lb-ot,We •.
<br /> ; �ti�nie�amo�s. �Tu1C a4e�i as�oaot far adr�a`�1i be toc�trt�ied by�seder wit�s�ecibd��aoe ; -
<br /> . �so�h-befa��n aian wuold beco�ne ddieqNent. lrep�er�!1 ddd U�amovM,s ooliected�t una�b phr itemt(�?.I4)aid ,
<br /> - ta)befcre tieyr 6eoome ddiequeot. `
<br /> =-_- �--���;a;w,�.��.i s��t+w p.,y�a held b�t ndrr fer�ie�m[s1(b)and{�IOgeti�r wqb.d�C.far�r mae1�Y.--
<br /> pyrop�s fot wdt ilems pryablc/�Laider�ior to dfe d�dMes o �y uems.e�s�"y mae�a�t6e ---- _
<br /> pti�ed atnoaot af PaY�ents ioqoi�ei topay�ch paas wben doe.aod if oe drc ri+o�e s�e c�,thea i�e�der .
<br /> �,tl eit6a nfao�d�e exoas.oves ano-sncth of tl�esmaatad payme�s or �' the eaoea�a�rer 000-sut4 of We atanMed
<br /> p�Y�to whe�ue�t psymeats by Bo�mw�es•�the aption a�f H�mwe� If d�e total af d�e paypreats m�lc 1y Ba�row�s
<br /> , for ilan(ab(b).ar(c)is io�'iciat to pry tl�e i�em wbea dae.�hen Bomc�rer ah�lt pay w I�er aay amo�t neoest�ry tu
<br /> ' m�lc�up the defcimcy m ar beCae th�d�oe tbe i�em b000n�es due. � ,
<br /> � As�uoed in ttis Seivnnry Iru�t,"Sac�rY"meaos tLe Soc[etary of Housiag�nd.U�t»n Develapa�au ar.bis a 6d
<br /> �� � ��Y Yar 1n wf�ich tbe Lender mast pry a mat�e it�noe p�emium to ibe 5eaietuy,adi ntonlhlY P��
<br /> � .. sh�ll also inclu�de eat6ri: f}�ut ia�aDma�of the mwat utortgsge insnr�cc premimn to be p�id by i.eader to tbc . ,
<br /> SaYasry,a(�a ma�dily'cbage i�soead of a matgage im�nce pemium if this Soc�cty In��s bdd bY tbe ,
<br /> Sa:retny..�moadily imWTu�a�t of the mortgage insanocc puniwn sb�ll be m an am000t wf�'icient tc�abcumW�te t6t.
<br /> . f�ili�u�t�ge �ooe prea�n vvi8�I.ender ane mond�pclor to the drtc die falt aonu�l �ooa.- � �
<br /> .`; p�wai�ne is due to t�e Sectetary;or if uris Seco�r tos�umrnt is held b�tbe Seccetary.ea�maqWly C�be m an '
<br /> � :.,: smom�E eqa�l w aoatweTflh of bae-hitf pen�t oFtbe ou�nding princ�pd bilaoue'doe m tbe Note. <
<br /> If�amwes ter�das w�,�drr tht flill paymmt of all s�uas socund by this Seca�ity I�oromas�Bormwa�accouu�'.
<br /> sWdl be cieditod�vith d�C bdanoe cesnaining for all mstallrt�nts for items(s),N)�(c)aad aay mo�tsage�a�oe , �
<br /> p�emiam ia�Wna►t tbu l�eader ha�not become obligsted w pay to thc Sametary.aM Leades shaII P�'�PUY��3�
<br /> exasc funds to Banower. Immedia�Ty prior to a fo�eclos�ue sak of the PropettY or its xqaisdoa by l�eader.Barrower�s ,
<br /> sxouat shall be cndited with aay balanve�a�ainin8 for all instalhneRts for iums(a).(b)and�c). . .
<br /> . ' 3._ ppA licatlon of Y�'ineatv. All payments mid�cr Pa�agraphs 1 and 2 shall be applied by Lender as foUows:
<br /> F16�T,w the e msutar�oe p�neminm w be pa�d by L�tder w the Soc�etary or w the monthIy chuge by ttre
<br /> Seaq�ry instead�montb�g.rsortgage iasunuce pe�uura; • ,
<br /> � �p,to any taxes,spatiaC�ssments.leasehold paymieats or gnntmd�ats.and 6�.flood uud otl�et i�azard , �"
<br />-_ IIas�ce pran"»"s,as req""e�k �"" . � � �
<br />�: • `::�;• • �,w intetest�due under d�e?ti�te: .
<br /> . �]�j,to unoRization of the'�ncipat.of the Note; • _
<br /> ,. � ' j�j,�{,w lau charges due under the Note. ,
<br /> _ - - ---- . -:_ �F�Fivai�f)t�er H#ard Iii�uranc� Boaower shalt jns�ue a!�im�svee�aents�she Ptopetty.whether now � -
<br />_ in atisuna or su�qaendy era�9.against any hazards.casualties.and cantingeacies,iac�g fue.for which Lender
<br /> - --- �equices ms�uance. This insura.*��sitail be mainta�aed in the amounts and for the periods�uax Lender rcquins. Borrower
<br /> sha11 also insut+e all impmvem�s an the Property.whether now in eaistence ar subsequenttp erected.against loss by floods
<br /> to the extent r�equire�by the S All insvrance shall be curied with wrte�:zes�appmved by Lender. 7he insuranncx
<br /> policies and any ren�wats sls�le 1 b�e held by Lender and shall include loss paystais clauses in favor of.and in a fonn _--
<br /> - acceptable to,l.ender� �` _
<br /> � In the event of loss.Horrower shall give Lender immediate notice by m�l. L'ender may make praof of loss if na ^';,t;;'-�
<br />`_ •�r� •- ' �P'��?P�Y hy gmrower. Eac(a msurance companY concemed is hereby authorizeA an�ci:.*rcted to taake paymeut f�r =:T�T=._
<br /> • � such loss d�rectly to Lender,instead oS to Bonower and to l,ender jointly. All or any part of�r insurance p�ds may�e s"==--
<br /> '=`=�,�•'�'� applied by Lender,at iu option,either(a)to the teductlon of the indebtedness under the Note and this Secac.ayf lnsaurnent, `1`''"�
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<br /> Y 9u PP 8�� P�9!�! P � . ,+,'L�:`�-.:.
<br /> �": � first to an delin ent amounts a fied in the ard.°r in Para h 3.and ther�io ent of rinc= ��r(b}to the �Y�.:_�<<
<br /> _ �. �,;;.,.• :,: �' nstoration or repair of the damaged propetity. Any application o the proceeds to the principa3 shall not ext�r3 or postpone ��:';;:.;fi�-„_
<br /> ; . .� ( the due date of the monthly payments Kfi�ch aze referred to in Paragrapfi 2,or chaage the a.-r�unt of suc6 pa�nnents. My � ,••',`.
<br /> { ;�,i;�� � eacess insurence proceeds over a�e amotint required to pay all outstanding indebtedness under 1.'�e Note and this Security '�*
<br /> �t r•-�:�w,�•;;�.� • Ustrument shall be paid to the ent�y�atly entitled thereto. _� !�_
<br /> �• "''� ' �'"'r:. . 1»the event of foreclosure c��fis Security Instrument or other transfer a,E ni�?e co tne�r�perty that eatinguishes the `� �?�:
<br /> -n9�.":.' ; •,•„_
<br /> � �=!':• . � ` indebtedness.all righ�tiile and int_�st of Borrower in and to insurance policies��:fcme s.hal!gacS to the purchaser. = . �
<br /> "- S. Oocupancy, Preservatio�„Maintenance and Protection ot the Fraperty; Ba�wes's I.oao Applicallon; �: �,`W
<br /> , �5 ' ' Lea4ehdds. Borrower s6a11 occ��;.esta6lish,and u.se the Property as Borrowert pnncipa:residence Wi"�.�sin ssxry days •
<br /> � }>�.1{,�:I'`+':",. after t1�e execudon of this Seourity�^�nent and shall continue to occupy the Propeny as�c3sower's,���al residemia: . .
<br /> *'•. �� • for at Il�one year after the date(�t'c�:.�ancy,unless the Secmtary determmes this requirement will ca�esz�zdae 6ards7�s •
<br /> _ . for�awer.or unleu extenuatir.a circunistances eaist which arc beyond Borrowerc control. Borrssue�shall notify '
<br /> �;,��, ,; :��. . Lend:z$of any eatenuaNng circumstances. Borrower ahall not commit waste or destroy.damage or su6saar.zia1ly change °
<br /> . .. the Property or allow the Froperty to deteriomte.reasonable wear and tear excepted. Lender may mspect sCt:�toperty if the _.
<br /> • '-' Proper:y tis vaeant or abandoned or�.'�e loan is in defau(t. Lender may take reaconable action to protect and preserve such •
<br /> "�''' " ,�>`;': vecant�abando�ed Property. Bo�a'�wer shall nlso be in default if Borrower,during the loan application process.gave �-
<br /> :.,{,�;.;. . .:';��;;�>.; materially fatse or inaccurate ir:°samation ar �tatements to Lendcr (or failed to provide Lender with any material .
<br /> ��:,;• � .�.��+}••' info�matlon)in coimection with t,':�toan evidenced by the Note,including,but not limited to.representations conceming .
<br /> „y,�' . ' ��,`�•� � Bortower's occupancy of the Properiy as a principal residence. If this Security Mstrumem ic on a leasehold,'Borrower shal!
<br /> _ •�-�'t, �'.�.;':.'.•: _�. comply with the prov��ions of the lease. If Borrower acquires fee titic to tte Propeny,the leasehold and fee titte shall not .
<br /> .'_�°�.'. ..: . : be me ed unless Lender a s to the mer er in writin •
<br /> :.. ..+ .:;�,..c. tit,. �8 S� 8 S• --�
<br /> .;' .,�E!�.:.'::. 6r. Chuaes to Sorrower 9ad Protection o�Leader's Riphts in the PiiapeMv Borro+vec shall pay all govemmental . •
<br /> � �`���'; '�d• or m:�icipal charges.fines�;8 impoxitions that are not lnctuded in Para�!�2. �orrowe�s1sa11 pay these obligatiaccs on ..
<br /> '��' !�f'�� �y;-° time¢1�^t]y to the en6ty which is owed the paymenG If failure to pay wa_"�adver5e'�y��'e�t Lender�inte�s�i.L tlie �- '
<br /> t-.s�::;�; c,.
<br /> ,�,� ' ' I'ropersy,upon Lendera request Borrower shall promptly fumLsh to Lender r�p:s evider.ci:�iHese paycnents.
<br /> ��" �;��;'�'�'� , If Borrower fa'*.is to make these payments or the payments rcquired by Paragrz��2.or fgils to�e�ann any other .
<br /> _�.. _ , oovenants and agnernents contained in this Security lnstrumen�or there is a;��t prooeeGiE�that may sign�ficantly aff'ert - . : --.
<br /> _ . �� Lender's rights in the Property(such as a proceeding iR banlwptcy.for condemnation ar�y enforce laws or regWations).
<br /> - • , then i.ender may do and pay whatever is necessary to proicct the va{ue of the Property ac��nder�rights in the Property. , ( �
<br />:: .:� - _ � ., including payment of tanes,hazard insurance and other items meptioned in Paragraph 2. _!
<br /> +�� ��r*+�'•;�:;-•.� Any amaunts disbursed by l.ender under this Yara�raph shall became an additional debt of Borrower and be secured j
<br /> �:� ���='��'`' by thls Securiry lnstrument. These amounts shall bear mterest from the date of djsbursement.at the Note rate.and at the t
<br /> -M::_=�' vphae of Lender,shall be immediately due and payable.
<br /> - �"'-`- 7. Cendemeatioe. 'fhe praceeds ofatry award or claim for d�nages.direct ur cunse�uential.in connecdon witli any y
<br /> - ,�_���-: �
<br /> Y ��: '�-'-°• coAdemnation or ather taicieg of any part of the Property.ot for wnveyance ie place nf condemnation.are hereby ass�gned
<br />• and shall be paid to i.ender to the extent of the full nmount of the indebtedness that mmains unpaid under the Nnte and this �
<br />� -_:,•_��_____ _�'______, Secusity Instruutent. Leader shall apply such praceeds to the reduction of the indebtedness under the Ntote and this 5ecuriry
<br /> Lishument,fust to any delinquent amounts applied in the order provided tn Rar3graph 3. anQ then ta preQaymem of -'-- ` -
<br />_ princip�t. My appllcatjon of the proceeds to the principal shall not extend or postpone the due date of the monthly
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