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<br /> abaadoned Prope�tq. Borrower shall also be in defantt if Borrower, durin8 the loan application pmcess, b�'e � . ,. :,.. :,;.-
<br /> �" iaaterially faLse or inaccu�^ate infQanation or statements tn ixnder (or tailed to pmvisle L.eader with ang mxterial � , . • ..�-�"���
<br /> =' infomtation) in co�crian �vith the loan evidsnoad bp the NoYe, including, bnt nnt limi�ed co. repr�sentadons --- -- ' `"�:'
<br />• conceming Borrower's occapancy of the Pmpertp as a principal tesideace. If this Secarity insuament is on a :,.;_;�._..�R�
<br /> leaset�old,Boaower shall co 1 with the iuvisions of tiie lease.If Borrower fee titte ro the T'roperty. the Y,. .,�� .._' ,��..�
<br /> mP Y P �4�� '�.,,_ ;�'"�_�.
<br /> � leasehold and fee titIe shall aoi be merged unless Lendet ag�s to the merger in writing. , x �v_�,-:���.,_
<br /> t�'.�.°�
<br /> 6.Con�oa'ISe pmcseds uf any award or c1a�m for damages,direcc or co�sequential,in connecdan with ,`:f"� '�` :°�-
<br /> -�,.,��s,;;�,;.m
<br /> �.`� azry condemnation or other taking of any part of the Property, or for com+eyance in p3ace af coade�natian, are _� `��;.`.;:�'���`;��`__ _
<br />;,,.,:� herebp assigned and shall be paid w Lemder to the extcnt of the fall amovnt of ttie inde6�dness that�ain�ungaid �`�;`�-``��_.�:--:--__
<br /> nnder the Note and this Security Imsuurment. Le�sler shall apply sach procePds w the redncaan of dte iad�tedn�s ''=''--='•'�'------
<br /> under the Nate and dns Setuuty In.4trament, first to any delinquent amoamts applied in the order �x�zi in '•''�"s:""�."+=�`�_==--
<br />;;j• Paiag�aph 3.aad then to prepaym�at of principal.A�appHcation of the p�ceeds to the princspal s�il r�ratead or ;.��`...,,,,�:.�_.
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<br /> ,,; Postpane ihe dne date of the monthlY l�Ym�•v�ich are tefeaed W in paragraph 2,or change t�e amo�nt of� . ,:,,��`r��r,
<br />.,,�� payments. Any excess pmceeds ovea a�a amount req¢iced w pay all ontstanding indebteda�s imder t�e Note and t3�is `� .
<br /> - Secarity Insomment sball be paid to t�•s�tiry tegallp entitled theneto. '_• . ..�.': .•'�~,
<br /> 7. C6argcs to Borrawer and Pirotealian of Lendar's Itight9 in the Propea4y. BoIIOwer d:�1 pay all r� , •.-` •.'�''�''r�=
<br /> ,;:�' goveaimmental or municipal cl�arges.f�ces and im�positions that are not inclnded in garagraph 2.Baaawer shall paq n.�..--�'-`"-�;s;�:�=_ __
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<br /> tI�se obligations on time dizectiy t,�s�entity wlric�is owed t3s��apment. If fa�nre to pa8 wonld adve:sely affect • . °_ �;�--
<br /> Lender's interest in the Progerty. c�an I.ender's reqaest l�a�uwec shall promptiy ftu�h to Lender receipts . ''�. �+�
<br /> ;�-,. evidencing these payments. ° .. • '-�" �
<br /> If Borrower faiZs¢��a�e these papme�s or the payments reqalred by pa�pb 2,or fails w perfe�auy oth�r -� :#i-
<br />,:'•i�• covenants and ag�s contained in tLis Secarity lnsavment, or thsre is a tegal pro�n8��Y�Y � •,,�
<br /> ��. .:'�:
<br />''� affect Lender's rights in the Property(such as a pmceeding ia bantauptcY, for cond�nah.�*•or to e�vzce laws or . -- . ,
<br />;.:.�..�,: ngalations),then Lender may do and pay whatever is n�essazy w protect the value of tt� t�ropeny and Lender's f.� .. • ;_ .� ,.�..-_:.
<br /> -,�...--,..: '�'�;�: .� �
<br />:.i,�� xighta in the Property.incladiag paymen2 of taaes,haaard insureace and other items mentioned in patag�h 2. �. . , ,9 ;:,����
<br /> An amaants disbarsed b I.ender ander this h shall became an addidonal debt of Ees�ro�r and be 4 '•
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<br /> .;;;��.•�. secand by tbis Seauity Insuumen�19iese amaunts sl�all heat i�ntezest from the date of disbu:sement,a3 e�r�ote isie, : , '�;�
<br />-�n�(J'.� and at t1�opdon of Lender,sball he i�nediately dne and payable. " `��':::��;;�'
<br /> �•..� ,�,s�'l
<br />'�i-,�i `� Bonowet shall promptlp dise�srge any lien which has prioiity aver tbis Secaritq In�nt nnless Boaower. ,•,�F.,1:,;.i `:;:::
<br /> �'_` .° (a)agrees in wdting to the payutent of the obligation secared by the llen iu a manaer�sx�tab2e to L.eader, (b) �•
<br /> :�;._ .��
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<br /> -;,`. contests in goad faitb the lien by, or defends against e�foroement of¢he E:ea iu, legat PmceedingS�ch in tbe � ,�•.;''<<.... ,
<br /> 1 '�� Lender's opjnion operate to prevent the enforcement of the liea; or (s) s�s from the holder a.rbe llen an ' �,:��� �:
<br /> `�'� � agreemeat sadsfactory w I.ender rnbordinatiqg the lien w this Securiry Iasoroment.If Lender detemaines that a�r part �,�;;'."��"''
<br />.;;�r;, 'j of the Prapertq is s n b ject to a t ien vr L t c h may attain priori t y aver t h i s Secari t y I n s u u m e t t,L r E�e r m a y g i v e Ba n ower _ ., ;�.k�,��a�
<br /> . � a nodce identifying the lien. Borrower shall satisfy the lien o:take one or more of the ac��ss s�t forth above witi�In �`r• �:
<br />, � 10 days of the giving of notice. .,.�';���
<br /> $.l�ee9.Ixnder may collect fees and cl�rges anthorized by the Secretary. — _ -�
<br /> 9.Grow�ds for Acceleratton of Deb� . t� .
<br /> �y � r-_ nr._
<br /> .;:;:, � (s)DrfaWt.Le�er may.eacepi as limited by r�gauuions issued bq tbe Secretac�j, �the ca�e of payment � - _ .
<br /> ��"�: defanits.Iecluite i*^^'��-^'Peyauent iII fiill Of ell s�Be�d by this SeCUIIty Iz,J��t i� . , '
<br />.;t,� '- .- '. __-
<br /> (i)Borps►cver defaalts 4s9 fEilinB�1'�Y e�fiill aay��nthty payment required bq d�is Secarity Insuu�eat �'�"�','"-�--�'-.-
<br /> •I prior w az on the due date of the ne��onthly payment,or t °•°.:s��a,,,—�.;�;.:;.
<br /> . (ii)Barroaer defanits by fa�ing. for a period of thirty days,to perfomi any at'�......°r obliga�ar�s sontaiaed _
<br /> +' ' in this Secarity Insm�m�st. � . `�" c,.
<br /> �"� ' (6)Sak�Itttwat Cre�/r!gpmval. Lender s�rall,if permiued by applicable 1�a�:i�lnding Section 341(� ,,._�
<br /> � . .:-�,-.n.:.�"�+'
<br /> . of the Gara�S� Gemiain 1�:�osiWry Institadons Act of 1982, 12 11.S.C. 1901;�°;,�)and aritb the piiur _ . .' . '
<br /> approval of the Secretary,reqtrire��'>s'"Pa3►ment in fall of all soms secored by tl�is Security Instn�ment �� . _:-='';�,`
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