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<br /> �'" ;:;';::_7€.;i�'<.°. ��te tbe total ��y . �yyy� � �y��
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<br /> - - :m$�(CC 1�?�}C.�t�IfCY dl O[�1EfOlE tbC�IC�1C 1tlall�1GCOOI�S dUC.
<br /> ,= :,� .:��.:4�5, �►�S,Saltrity I�Idu,"$OCIC�[Y�it1�1f thC SC�Rta�y Of�OYf�llj��11�.L�Ip�Cf�Or MK �
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<br /> ';;`;�::>,�:���ii��eu'ikrir�ichtbeLeadormustpaystnort$�etnsunoeepremiumWtbeSecMary, �noMRIT�I�ned
<br /> :. :�.;�lp�il�:;�ts�ig?clindr eit�r: (�an���'d��1� �P�ium w tie pud by Laider to the
<br /> .Seci�1#cy,�a:�`�maatbly chazge ius�ead of s mdsgage insur�t►ce piemium if this Secucity 1�un�N is heid bSr!be
<br /> • �eci�tuq:`�o mabatbly insalhment of tl�c rosurana ptemium sA�lt bc it1�n amo�nk,suFf'�knt to�Ye d�e
<br /> ° hmen
<br /> `::f�ii'�'aaavs'i � : uiwratxe pamitut►v�n�aee momhpnor to t6e due tbe tn11,amual�mat�t i�ewr�nce
<br /> '�''.����s'�ea� e Saretary:or if this Socuuity h�ument is heW b�r the Sec�et�l.e,�ch nwnthly cMr�n�r116�fa ae
<br /> .�ti(t aqaa�?to:�e-twelRh of on�hilf penxnt of t6e outstanding princ�pal6d�nce due on�he Nwa.
<br /> '.'-=�€Baei`�a�ver�enders to i,ender tha fuU payment of alI sums secu�d by�his Secueity IuslnatiaN.tbrtowerS��ccamt
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<br /> �sL�t�fiiG.w^�&Fe3.iavitb the belarce zeaiaininB for all uutatUnaus for items(s),ibt atd(c)and any mai�e instK+nce �
<br /> - �u�;�4 that l.ender I�as aot bxronte obligated to pay to the Soct+�tuq.�i�d Lender ah�ll pr�n�tiy net'und wy,
<br /> _ ax��ita�r.tt+iwer. Immediately prior to a faixtostue s�le of the Ptnpetty or its•acquisltion byr Lrnder.8derowerb
<br /> " accoup?��i9�e¢�3ited with any balance cemaining for aIl instaiiments for�tems(a�(bl and tc). `
<br /> . '_:�A�ai�re�s qT pi�ymeats. All payments under Paragraphs 1 and 2 shail be applied by L.ender as folbws:
<br /> ' x�a�tIier�ort�e�e promium ta 6e paid by Lender to the Secretary or ro the�t�onthlY cGatse by�the
<br /> , . ..='�. .. Y`� ..
<br /> •:Secretary:ms�oY�au�atlily mortgage insurdnce prcmium; �
<br /> _ to aay 7axes:special assessmenu.teasehoid paymeac•or gcound ants.and G�e.ftaod aM ather huard
<br />- _ . ���auQms,as�quired: .
<br />_- �,to�sE�ua rader ttx Not� �
<br /> - . ;� . E�?L'�tl'i�[,2a.ain�ibzat��of the pzirxipal of the Note: .
<br />• . .. �zo iate�3saa�as��der the Nae. p�y,wlkth�r n�w
<br /> . r.; ..- 4. Fie+���d.�na Oftie�Huacd Insuranca Borrower shatt insure ali impcovemen�c on the
<br /> :�:�'•,�',-. � in e�cistence arsn en�3y�d aSainst any hazards.c�sualties.and contingenries.includipg fi[e.for which L.ender
<br /> _.�"���<y� '>"°�:� �equires insuranae�s ir�smame shall be maimamed'm the amounts and for�he period.r tfiat i»a+der rcquitrs. Borrowar
<br /> � • ' shall also ins�ae�[6ic�tprovern�ts on the Property.whether now in existence or subsequemly fnected.aga�nst tos9 by floods
<br /> . ' ' ' to the extent�requftdd bythe Secretary. All insurance shall be carried with compames approved by l.ender. 't'he insurrnce
<br /> ' r . • � ' polieies attd acry cenewals sha[6 be held by Lender and shall include loss payable clauseti in favor of.and in a fortn __
<br /> . . acceptabie to.I.ea�der. -`-��,�-
<br /> . , . �Imthe evtnt af ioss.8usw;�•er shall give Lender immediate notice by mail. l.cndcK may make pt�x�f of lass if oot �-.__
<br /> ' � made prompqy by�Borrawer_ �ach insurance company concemed ic hercby autharized and directed to make paymtm for =..��-=-
<br /> 1.� ' � such loss direcQy Oa l�ender.inst�ad of to Borrower and to Lender jointiy. All on csny part of the inwranre pracetAs m�y be - -
<br /> applied by Lender.�aC�ts oprion.either(a)to the reducuon of the indebtednesa�udder the Nate and this Secunty Instrumcn� �.`
<br /> � � . first to any delinquent�amounts apptied in the order in P�aragaph 3,and then t�prepayment of principal,ar(b)to the � ���'``^�
<br />� �� - . � . restoration or repau of zhe dttmagz3 property. Any appfication of the prixeed.to the priacipal shall nw exun�or pasttiaptm . .
<br /> a
<br />�_ _ .. , .. . .. the due date of the man��y paycr��u ahict�are referred to in Paragraph 2.�r change the amount af such paymentc. Any -.
<br /> excess insurance procceds over an a:.oant required to pay a11 out�tandmg indebtedne��under the Nate and this Sccurity
<br /> . • Instrument shall be paid to th':entit�3ega;;F�enutled thereto. �.; .
<br /> � • '. � ln the event of foreclosure of ifi:�Securiry]nstrument or rnhcr tr.�n�fcr ui tiUc tu thc Pro{xny that cxtinguish'eti Ihc � • _
<br /> _ � indebtedness,aIt righ�tiafe and interetz af�rnrower�in and to in.ur;�nce poticie.in force�hall p•ryr tu the purchascr. � � __ -
<br /> � • • � 5. lkcupancy, Preserv�sion; �'fainienance and Protection of the PropeMy: &�rrower•s I.rwn Applict�tion: ' .
<br /> - .. =•._ . . l.easeAolds. Borrower shall occapy.•es�.aylish,and u.e ihe Pri�perty ati Bam►wer:principxl rrsidence w•ithin s�x�y day� � _ , _ .
<br /> • � after the execution of this Security Tn;mm:nt and shall continue to occupy thr Pra�nny a,Hurrower:principal re.i�knce
<br /> • � for at Ieast one year after t?�e date of accupar�.r:unless thc Secretary determin�ti thiti rcyuirement w�ill cau�c undue hant.hip - ,
<br /> •� � for Bortower. or unless ext�rsuaiing sircur�+�.anees exist which am beyonc! Bonuu•rry cuma�l. Hum►wer +hal! nnuf} : •
<br /> -_.. . . ' l.cmden of any extenuati:ag circum;ranes.. �orroa•er�hall nrn commit wa.te or dervoy.damage or.ub�tamially ch;u�ge '.�
<br /> ' • � ihc PropeAy or aliow the Propeny¢o det�,riorate,reasonable wear and tcar exccpted. lA rtdcr ma��m�pcct Ihr Pru{►crty if thc ;` • .
<br /> �• � � Propeny iw vacant or abandoned os the toar_iti in default. Lender may take reatinna0lc actiun tu prutect and prr+en�c sucb � . .
<br /> vucant or abandoned Property. �orrower.na11 ako be in default if Burroacr,durin�:thc luan applir�tiun pax:c+ti.gavc .
<br /> 3, � ,�� " � materially i�lsc or inaccurate infarmatior. or statements to Lendrr lur Pailcd t�� pntvidc I.�ndcr with any matcnal ,
<br />- information)in connecKion with 9fie la�n ev;denced by the Note.including,Nut nut limited tu.repr�,ematinnti wnceming ,
<br />;� . . , � f3orrower�occupancy of the Prp�xAy���s�p�rincipal re�idence. lf thi�Securiry In�trumem i.un a lea+ehuld.guneaer�hall.
<br /> mmpiy with the provistons af the-2ausa.'lf 8a�ow'cr acyuires fce titic N�Ihr Pruperly.�he Ir:i.chuld and fer titte shall not
<br /> � - �� - � � � he mcrgcd unless l.ender agroeytukho�nerger in a�e<yn,. - � � - � � .
<br />- �• 6. Clwrga►to 8arrowerar.dPootectinn oY Q.eaides's Rights in the Property. Hurruwcr�h•rtl pay all govcrnmrmnl �
<br /> ' � ' uc municipal chacges,+fines and icnpn'shi�n�that arr nn�includcd in Paragraph?. Bunowcr�hall pay�hetic obli�ation�un
<br /> � -�t' • . timv dircctly to the e+�tity which is vwcd tfie p�ty�iie,i:. 1f failum ta pay would advcr+cly affcct I.rndcr:interc,� in�hc
<br /> , • f�opcny.upon Lender's request Sanvwcr�hal!prampt;y�farnisA tn l.endrr rcceipt�cvidcncing thcse payment�.
<br /> - - If Borrower f:uls to maice thes��yra}rne.ot.as the g.:}ments requircd by Paragaph 2,or failti tu p�:riunn.u�y uthcr •
<br /> ' • cuvenants and agreements containud�tn�thiti 5eeurity in.trument,or there i�a legal puxeeding that ma��ignificandy aticct '
<br /> l.ertderti rightti in the Propeny�t'�urh�s�c a praceeding in�ankruptcy,for c�mdemnatian nr t��enfiirce .►w�nr ngulationti►.
<br />; .. � � then l.�nder may du and pay whatever is n:cessar}'tp pra:ect the vatue��f the Propeny and Lendrr ti right�in Ihr{'rupcny.
<br />_- includi��g paymem of taxes.hazard insur.uice tind nth�r items mentioned in paragraph 2. ' •
<br /> . • Any amuunt�disbursed by Lender under-this'Pnra�aph shal6 b�come an additional debt ui'Bonc�wer;u�d he.ecuted
<br /> • � ' Ay Ihio 5ecurity Instrumcn� These amounts•sir�lt bear inter��t�rom the date of dixbunement,at the Notc ratc,and at�he
<br />" . . , upl�un��f l.cndcr,tihall be immediately due�nd payable. .
<br /> • • • 7. Condemnatbn. The proceeds of any awar�or cfaias 4or damages,direct or con�cyuenti�l,in runncctiun wi�h.my
<br /> ' • � cundemnatinn or��thcr takins of any part o;'th�[�toperry.tps far co��•eyance in pface vf cundemnalion,:ue herehy a��igued
<br />=� und sh�ll lx pald ta Lender to the extent of th:�fc�amount aY��=i�.�ebtedness that remainti unpaiJ un�cr thc Notc and�hi� , • ,
<br /> ��_— __ - Secu►iry In�trttment. E.ertder shaif appty suciip:esczi#s tv t#t:trtiv�•ii�et vf thr i�i�fe{�tednc�,s under thr�eNc atk!thi�5c�Eas�sy ---------
<br /> � InstrumeN. �rst ro uny delinyuent amounss aqpSied i:�the orrler�mvided in Paragcaph 3. anJ thcn to prcpaymrnt uf
<br /> , , principnl. Any upplicvtion of the praceeds to th�prin�IpaS �r.:iil Rot extend or{x�stpunc thr Jue d�te ut thc monthly�
<br /> . .' • . ' ' �{pa:r 5 n�s pa.<�s, .
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