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<br /> '-;�;;�.r�R�, abandoned Praperty. Borrower ahall also be in default if Bonower, durlag the loaa aaplication procegs, gave �,
<br /> ,.�;�,,;�'f materially false nr inaccurate infarmation or scatement�to l.ender(or failed to provide Lender �vith aay materiat -:
<br /> '° " ' ' �' infarmatidn) in conncction with the loan ev�denced by the Note, including, but not limital �¢�, repnsentations �-
<br /> ' �,' � c�?ceming Borrowor's occupancy of t3�e i'roparty ns a principal residence. If this Securiry Instn�mem is nn a �:•
<br />. ��-,:c�`�f�:�1 r�y'�r le�ehold. Borrower shall comyly wlth the�tavisiat�off�e lease. If Borrower acquires fee title xz�t�e Property, the ;�:_
<br /> ;�,•°�..^ .,,.�:,>,t� _
<br />:.,,,.��{5:;.,;�;;.:.;;.:,.,} leosehold and fce title shaU aot be mergesd nnitss Lender agcaes to the merger 1n wrlting. _
<br /> �"'��'•�'1���+fii.�.('� 6.COA(Il�IIY1IQA.The proceeds of any award or claim for damages,dlrecc or congequendal. iui cunnection with
<br /> �;��:.�,.,,,•.,�t.
<br /> � aay condemnar�on or other taking of any part of the Properry, or for conveyance in place of wndemnation, are
<br /> •:, '�� hr:reby assigned and shall be paid to Lender to the eatent of 4he full amount of tho indebtedcieu Wat remains unpaid
<br /> under the Note end thfs Security insuumenc. Leader ehall apply auch proceode to the roduction of the indebtedneas
<br /> ' urtder tho Noto and thie Securlry Instxument, firet to any delinquent unounts �pplied la ihe order pmvidod W
<br /> :="` ' pur��r�ph 3,�nd then ta prepayar.nt of princip�l. Any�pplfcatton of tho proceedt to tha princip�l ehdl not eattnd or
<br /> ,�. 'y po�tpona the duo duo of tho monthly paymenn,whlch wra raferrod to In pu��raph 2,or chnnge tho�mount uf euch
<br />:"����'��'�s ��yrt�ent�, Any oaceu ptoceed�over�n�mount requirod to pry all outttuidln�ia�debtr�dneu under tho Note md thh
<br /> ' 5acuri�y Innromcnt�h�11 bo p�l�to tho cntity Ic�slly eniltled tfkreto,
<br /> � , . 7. Clt�r�a to B�rrower sad ProtecHoa ot Y�aider'� Rl�Mr la ti�e Rroperty. Borrower rh�ll p�y dl
<br />:..;'.:�•y��. : � �ovamment�l or municlp�l chuQa, finea u�impa�ltion�tbat ue not includod in pu�r�ph 2. Borrower sh�il poy
<br /> =,;..�,.+• cix�e obllauton��on tlmo dlroctly to tha entity which ie owod the p�yment. If failure to pay would idvenely affect
<br />-.�:_;,��„a �Lender'� intemt in the ProPerty. upon Lender'e request BoYrower ehe11 pmmptly ft►rmieh to Le�xler e+ecelpta
<br /> :"lz. K;;•:.'. cvideucfng these paymeate.
<br /> ..��'- It sormwer falle to melce these paymente or the paymeata requlrod by paragraph 2,or fails to perform eny other .
<br /> .��_v«-°",=- wven�ata aad agraments contained in this Sa;uriry Inauument,or then ia a lag�l pr000eding that may algniflcaauy
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<br /> ':'� .",:'� ;effect Lendcr'a righte in the Propercy<such as a pmceeding in bankruptcy. for wndemnation or ta cnforce law�or
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<br /> - . ��egulations), Yhen Lendar may do aad pay whatever is necessary to prutect the value of the Property and Lendet's
<br /> �'�s`y'��. - dAteta in the Property.iacluding paymeat of taxes,hazard insurance and other ivaa mendoaed in paragraph 2.
<br /> • �J'm""`; . Aay ataounts diebursed by I.aader under thie paragaph shail bewme an additianal debt of Borrower and bc
<br /> �..�.... � -
<br /> ._�:':� necured by this Securlty Insuvment.'lhese amounts ahall bear irtterest from the date of diebusaement,u the Note rate.
<br /> _�:t,���� nnd at the optioa of Lead�r,shall be immediately due and payable.
<br /> Borrower sbail pmmptly dlscharg�eny tien ahich has p�lority ovee ttria Secnrity Inntivmr.nt unt�:.•Lnrro�'�er:
<br /> ��•'.::�,'� qa) �;rees ln wdtiag to the payment of the obligadon secured by the lien in a mu►ner ecxeptable to Ler�der; (b)
<br /> "'='"''�`�`��°-' axmtests in good falth the lien by, or defends against enfonement of the lIen in, legal procecdinga which ia the
<br /> 'n"���`�� I.ensler's op.i�ioa operau to pnvent Wc enforcement of the lien; or (c) socurw irom the holcler oP the lien an
<br /> ��_°:,�;,,,�;�,� agroement sttiaf�cmry to Lcn�lcr aubordinating thc lien to thia Secur(ty insmimeat.If Leacler determines thet any part
<br /> -:;;;-� rof the Pcoperty is subJec¢to s►liea which may attain prlorlty over this Security Inauument,Lender may give Borrower
<br /> ":°� .n noda identif�+ing the lien. 9orrower shall suisfy the lien or take one or more of the actions eet forth above within
<br /> __----- 10 daye of the giving of aotice.
<br /> _ 8.Faa.Leader may collect faa aad charges authorized by t�e Secretary.
<br /> --_-�_--- 9.Gcou�ds[or AcceSeretlon ot Debt.
<br /> _ ._;�� (a)DetAU1t. I.endsr may. except as limited by regulatIons iasued by the Secntary.ln the case of payment
<br /> _ d�faults.requirc immodiato payment in full of all sums secured by this Secur.i¢y Wsdvment if:
<br /> -""-_'� — (i)Barrower dofaults by fail�g to pay in fvll any month�y payment recisaired by th�e Securlty Inntn�mcnt
<br /> �=-�. prior to or on the due data af thc next manthly payment,or
<br />-== -_II=�� (ii)Borrower defaulte by failing,for a period of thirty days,to perform any otber obligatians containod
<br /> = _"?�"' in this Seeurity Instrument.
<br />-=�:;;� _ „�. (b)SAie Wit6oa!�redit Approval.I.ender shall, if psrmitteci by applicuble law(iaclwdiag SaHon 341(d)
<br /> -��;�;;:ti�;,�_;�:�'�.. of the Garn-St. Germain Depository Insdtutions Act o�f 1982, 12 U.S.C. 1701j-3(d)) e¢d with thc prior
<br />-;H�:.'`.�:�; approval of the Secretary,raN3re immaliace gaymont ia fiill of xll sums secured by this Sceuriry Inauumcnt
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