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<br /> anaoned Pro . Borrower sha11 also be in defanit if Borrower. during the loan applicazion process. gave � ' � , ._
<br /> ab PertY - . ,
<br /> " manerialty faLse or inaccuiate information or sraflements to Lender(or failed to provide Lender with any matersal .
<br /> info�ation) in connecfion with tiie loan evidenced by the Note. includiag, bue not limited to. representations , �
<br />- con�eming Borrower's aecupancY of the Property as a principal re�deace. If this Security Insa�mnent is on a - - - --------` -
<br /> leasehuid. Bortnwer sball comply with the pmvisions of the lease. If Borrower acquires fee tide to the Praperty,the _ • . . _..
<br />� leasehold and fee atte shall no[ba merged unless Lender agraes w[h�merger in writing. I � • '�
<br /> 6.Condamnsttion.The pioceects of any award or claim for daznages.direct or consequenii�al, in connection with t, �
<br /> � nst . , .
<br /> any condemnation or oth.er�ng of any part of the Property.or for com+eyaace in pSace of condemnation, are ��;.�,.�__�T;'=- �
<br /> herebq assigned and sball be p�d to Lender to the extent of the fnll amoant of the indebtedness tl�at remains ungaid : , .
<br /> under the Note and this Sec�ty Instramen�Lender shaU apply snch praceeds m We reductian of the indebtedness .�; , "`:_.;.�„:_ -
<br /> - under the Note and this Se�ity Insmunent, fiist w any delinqaent amounts aPPlied in the order pravided in ° . . ''�;',r„�;':-�, -
<br /> - P��Pfl 3,and then w P�Y��°f P�P�.Ang a�licatian of the pmceeds t�the princiPal shall nnt escead or ' ��.-�'-
<br /> . , .�:r �,..,,,.�
<br /> Postpone the dne date of the monthlY PaYments. whic�a;e refernd to in paiag=aph 2,or change the amounc m�such . ...�.'�' , _- .
<br /> pa y m e n t s. Any excess proceecls over an amoant requirEd w pay all outstanding indebtedness u�¢the Note a�.ri this .. �tr _':,�:,. ,r•-
<br /> • Secx�rity Insuument shall 3S_paid to the enti�y legally e n d d e d t hereW. ` `��._
<br /> 7. Charges to �w.�' tu�d Prutectfon of I.enda's Rtghts In the Piropeity. Borrower shall pay a11 � . ' � _
<br /> P tY �_,-�'_
<br /> goveramental or��8�, Saes and impositions tLat are�t included in puagrsph 2. Horrower shall pay �•,::. ;,.,:_-- -__
<br /> . these obligatia��fa��e:ir�dy w the ensitq wlnch is owed the paymen�If failure to pay wauld advernely affect �:'..";°�-: _...�
<br /> - Lender's int�: -... the Property, a�a lxnder's re4uest Boaowzr ssall pmmpdp fi�rnish W I.ender receipts '_'_. `��""-
<br /> � -�_.
<br /> evidencing th�e�sayments. �°, .�.. '�':-
<br />. If Borrower fails to make ttese pai�r�or th°.�c�-�-,��is sa�-�b�PazaSraPh 2.or failsthat ma si �cantl r � a-��
<br /> cavenants and agre�aents contained in d��P�a�ens.or tl�ete 8�P�S Y 8� Y �,r,,{�`,�•�_ ...•;,�;M;.,.
<br />� affect Lender's righfs in the Property(��a p�x�::g in bankraptcy,for conde�nnation or co enfazce laws or {�f�';��� �..<"�:� ` �, :-..
<br /> reg�ladons). then Lender may do ansi.�Y abatever is ae�ssar9 to pmtect the value of We Fcb,t;�a-�by ard L�ender's - " '�� f�c � �}�
<br /> n t of t a xes,ha7ar�insarance and odcer items mentioned mm r�-��TMaph 2. _ .;-� ��'��''��,:.' ',: -
<br /> ri g b t s i n t h e P r o p e r t y.i n c t u d i n g P a l+m e , d��,`� �
<br /> ` Any amannrs disbarsed by Lender imder tbis pazagraph shall become an addidonal debt�Tft 3orro�er a n d b e �� . ,,., �,,.-
<br /> secaned hy this Security Instmmen�These amonnts s�all bear interest from the date of disbarsement,at t�Idcr,.�rate. '- ��,��r: �.'� '�:
<br /> and at the aption of Le�er,shall be immediately dne and payable. - r . •� '�.: •'.;'�.---
<br /> . Borraw�shall prompfly discI�ax�e�Ly lien which has p�iority over tLiS Security rncunm�unless Boaower: ��' ::� :��=-
<br /> (a)agrees ia+�riting w the paqmeat �J t�obligation secar�s6 L�� c�e lien in a manner acoe.x�TMle w Lender; (b) � ,- '3:�i�; .. i.•.�_
<br /> :,�Y,�, ••F -
<br /> contests in good faith ti�e lien by. or�:ads AOa�enfo�aa�of the lien i4 1e8� P��BS which in the s
<br /> ac _�;. �
<br /> Lender's opinion operate to prevent the enforc�r�s: �`c�e 6�; or (c) sec�ues from the 2�i1:s of ttiz l�en an s r �°�>....,,.-.
<br /> agceement satisfactory to I.ender saboxdinating the li���wis Security Instr�ment. If Le4der de inea tbat a�q part
<br /> ', of the Property is sabject to a lien which map suain paority wer t�s Security Instmment,Lende�map give Borrower �=�,�."
<br /> ... a notice idendfying tbe lien. Boaower shall satisfy the lien or talse�e or more of the actians s�t f+o�above within , ��,��;:•�_�
<br /> � • .�----..
<br /> . 10 days of the giving of notice. '-•�'T���•.
<br /> . S.FePS.lxnder may wllect fees and charges anthorized by the Secretary. �_,v=.__ �-
<br /> 9.Gro�d9 for Aece2�atton of Debt. e_�.
<br /> �:'��'^_�,� '�
<br /> . (a)Default.Lender snay.e�Pt as limited by negul�ations issaed by tLe Seccetary,in thc case of payment r•,:,��„���__
<br /> ne
<br /> dEfault9,reqaite immedi3te Isa.g��nt ia foll of 811 s�.,6eCu�d by tLLs Secutity incu��t i� �",„.�
<br /> nt �`
<br /> (i)Boimwer defaWC�by fa�'.�to pay in fnll any moarhly payment required�y tt�s Secoaty Instn�ent _ ���� ..
<br /> prior to or on the dne date of the next monsWy payment.or -
<br /> (ri)Borroaer defaults by failing,for a period of tbirty days�w perfoffi any other obligations contained _ — -,.-,
<br /> in this Security Insomment.
<br /> . (u,j��ale 1�thout Cre�t Agpr.;val.Lender shall,if petmiued by applicable law(ia.cir��ng SeMion 341(� .. �.,.`
<br /> ..�+o.jr�.w.,,,r,. ._�.
<br /> a�r�� Gam�t. Germain II'einmE�.ory Insdtuflons Act of 1982. 12 U.S.C. 1701j-3t�� and arith the prior -. _-' : - _
<br /> appmval of the Secretary,recp:_.-�immediate payment in full of aA samv secared by Qais Seca�rity Ins�nment �'` -�:-�.f:�-"�
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