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<br />-•-� abandoued Property. �orrower shall also be in dsfault if Borrower, during ttte loan applisation prDCess. gave — -• � —� _ -
<br /> maieriaUy faLse oz in�cuiate information or statements to Lender(or failed to provide L.eader with any rnaierial � .
<br /> informaaon) in ca�eciioa with the loan evidenced by the Note, including, but not limited to. repr�entarions ,• ,
<br /> inctrnment 79 OII 2 .� V ; ,
<br /> concerning B�irower's oaupancy of the Ptaperty as a principal re3ideuce. If this Securin+ � - -- -; -a�.;�;<,,, ;.:.-�.
<br /> l�o,d.Bormwea shall comply with the pmvisions of the lease.If Bormwer acquhes fee a@e to the Pcoperty.the _ : r_x_-.__._-.,;��--_-
<br /> ..T;...�t>�ar� >�-�-,. , _-...
<br /> leasehold and fa aitle shall aoa be m�rged ualess Leader agrees w the meiger in writing. . ".-i_�'�ir�� ,..
<br /> 6.Cond�'tion.The pmoeeds of any awand or claim for damages.direct or oonsequeat�al.ia connestion with � �{'��"���� -
<br /> •:.��, . . ;,,•...
<br /> any condemnatioa or other taking of a�+ pan of the Pcoperty. or for oonveyaace in place of condemnation, are - = ___ __
<br /> herrby assigaed and shall be paid to Lender to the extent of the full amount of the indebtedness that mmains unpaid -'�'- �•,� .'.�� ...
<br /> imder the Note and this Securiry Insuument.Leader shall apply sach proceeds to ttie zeductian of the indebtedness .`_. :��-= ;°..
<br /> _ uader the Note and Uus Secatiry inetmme�� fitst to any deiinquent amounts appli�d in ttte order pmvided in ._ �,��":.�;•;
<br /> paragaaph 3.aad then w prepayment of priacipal. Any application of the pmceeds to the principal sipall noi e�uend or � �:�.• :�.�:•:
<br /> postpone the due date of the monthl a which aze teferred to ia ara h 2,or change ti�amount of such :`�
<br /> Y P Y��, P &�P '- �-�:'�
<br /> gra
<br /> e�ss rocceds over an amount re�nired to pay all outsranding findebtedn�s under the Note and this '�'=�` °
<br /> P��• AnY P :x-= �, :, _ .
<br /> Se�ttrity Insuumeui shall Ue paid to the entity legalty eatided thereto. � _.;.���: .�r- ;�t�_ •'.`::".:.
<br /> 7. Charges 2o Sa�an� aad Pro3ectlan of Leader's Rights � the Yrnperty. BoYrowcr shall pay all _ _ �� .
<br />_ ' govemmental ar�unici��l ds�ges, fines and imposidons that are not inclnded in pazagraph 2.Borrower shall pay �" '��, . _:,-�.
<br /> these obliga�aus en time diiectly w the entity vrhich is owed the pagment. If failure to pay wonld adveisely affe�t . ,`,,.�.:�. �- < -
<br /> Lend2r's inter� in th.e PmpertY, upon Lender's �equest Bnrmwer shall pmmpdy fumish to Lender receipts . '��"'�'
<br /> evideacing these payments. " •�'; {.�
<br /> 1f Borrower fa�s to make these payments or the payments required bY Paragraph 2,or fails to perform any other -,{ �, .-_��
<br /> covenants and ageeemeuts oontained in this Se�urity Ins�ument,or there is a legal p r o c e e d i ng t h a t may si g n i f can dy •~;,,.l `;�,�.?.�-_°
<br /> affect Lender's ri�►ts in the Property(sucdi as a pzoceeding in banM��ptc5+, for condemnation or to enforce laws or '.-;_;�i �
<br /> � regularions),c�I.eader may do and pay whatever is necessary to piotect the value of the Propzrty and L.endEr's `�'� ��
<br /> ri us the .includin o�taxes hazard insurdnce and other items meaiIoned in pfuugraph 2. ,� ,' .;
<br /> Shts� F�o?'�tY S PaY�t + z`%�'� --
<br /> �t , -
<br /> • Any a�o� dislsT-��..zd by Lender under this paragraph shall become an addirional debt of Bocmwer aud be '• ,.. ''';�"`.'.:
<br /> secured by this�yc�'c`^, 'L i'.
<br /> �...:n,s,tr+ent.These amounts shaU bear interest from the date of disb�srmsnt, at t]ie Note •,`.�-, �,.j• ._�
<br /> ]�[(�.���T.ie���+1 LLiG:lLL�rr�Sj18U UC immrAiatelJi d'QC AII�Q�8b2E. �� �r��•l):-; �.--::
<br /> . Borrower s:a:l gmm�dy discharge any Hen which has priority over this Securiry Instrum�nt amless Boaower: ,;�`�.- � �,i�'•`��.. .;,'��:
<br /> (a}agrces in wrising to the payment of the obligauon secured by the lien in a manaer acceptable to Leadar; (b) s N � �;•�'_ ._��`-
<br /> �tests in good faith t�e lien by. or defends againsa eafozcement of the lien in. legal proceedinga whic� in We •; t��.-- --
<br /> Y.eader's apininn aperate:o prevent the enforcemece oY the lien; or (c) secures from th� holder of the 4ien aa ,;,Y,�'.:. :,;�,. _:°._ .
<br /> agccement satisfactory to Lender subordinating the li�t�this Se�urity Instrament.If Lender deurmines that au}{part ,y;.:, �.•<.:,. �. _ .-
<br /> = of the Propert� is subject to a lien wbIch may attain priortty over this Se�curity Insuument. Lender may give ,,�_ �` _ ` _,
<br /> �= Borrower a notice identifying the 11en. �rnrower shall satisfy the lien or take one or more of t�e actions set forth r��;i�:y�.
<br /> .t '.��� ''�'``" —
<br /> above wIthin 10 daya of the givIng of notice. ''��� ,
<br /> _ 8.Fers.Lender may coUect fees and charges authoriud by the Secretary. ' � .� "_
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<br /> 9.Gcomnds for Acceleradon of Debt. --� ��, :'_'
<br /> (�)DetaWt.Leader may, except as limited by regulaaons iss�ied by the Secretary, in tir�ue�e of payment ,:-•Y. _� ::_
<br /> d�faults.requi�immediate a ent in full of all sums secnred by this Seciui r„a,,,,nerr-�: � ."��'.:�
<br /> P W► tY !�'a?�:^.-.:::;";,.,,.-.
<br /> (i)Bortower defaults by failing to pay in ftill aay monthly payment mquited by ttils Security Insmiment • •.
<br /> prlor to or on the due date of the next monthly payment,or � ���'� � _``
<br /> r—�°_..
<br /> . , (ii)Borrower defaults by failing,for a period of thirty days,to gerform aay other obligations oontalned ������`.,, _�,,
<br /> i�,1�.4$Cqllli}/inctmm nt. � - . ,
<br /> (�j,��7e WIthoat Credit A ���1.Lender shaU,if �+'�d b applicable lav�(iac:�cli�g Section 341(d) _ - `'`i'_�-
<br /> G Pe�-• Y �.�.�,.�r,�Y;,:
<br /> • of the Ciam-St. tiermain Depay���ry Institudoas Act of 1982, 12 U.S.C. 1701j-3(a�D �►nd wIth the prior ,,���F�.:_
<br /> approval of the Secretary,reQa-e immed'eate payment in full of all sums secvred by thi�Securlty Insuument �,�„�;,,;�,�`v,
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