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201302590
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Last modified
12/31/2013 1:57:28 PM
Creation date
4/1/2013 2:27:24 PM
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DEEDS
Inst Number
201302590
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201302590 <br /> 6. Occupancy.Borrower shall occupy, establish, and use the Property as Borrower's principal residence <br /> within n0 days after the execution of this Security Instrument and shall continue to occupy the Property as <br /> Borrower's principal residence for at least one year after the date of occupancy. imless Lender otherwise <br /> agrees in writing.which consent shall net be unreasonably withheld, or unless extenuating circumstances <br /> exist which are beyond Borrower's control. <br /> 7. Preservation,Maintenanceand Protectionof the Property;Inspections,Borrowcr shall not destroy. <br /> damage or impair the Property. allow the Property to deteriorate or commit waste on the Property. Whether <br /> or not Borrower is residing is the Property. Borrower shah maintain the Property in order to prevent the <br /> Property from detenoratut,or decreasing in value due to its condition. Unless it is determined pursuant to <br /> Section 5 that repair or restoration is not economically feasible, Borrower shall promptly repair the Property <br /> if damaged to avoid further deterioration or damage. If tnsurance or condemnation.proceeds are paid in <br /> connection with damage to,or the taking of, the Propeny. Borrower shall be responsible for repairing or <br /> restoring the Property only if Lender has released proceeds for such purposes. Lender may disburse proceeds <br /> for the repairs and restoration in a tangle payment or in a series of progress payments as the work is <br /> completed. If the insurance or condemnation proceeds are not sufficient to tepair or restore the Property, <br /> Borrower is not relieved of Borrower's obligation for the completion of such repair or restoration. <br /> Lender or its agent may make reasonable entries upon and inspections et the Property. If it has reasonable <br /> cause, Lender may inspect the interior of the improvements on the Property. Lender shall give Borrower <br /> notice at the rime of or prior to such an Lurerio(inspection specifying such reasonable cause. <br /> 8. Borrower's Loan Application,Borrowcr shall he iu default ii. during the Loan application process, <br /> Borrower or any persons or entities acting at the direction of Borrower or with Borrower's knowledge or <br /> consent gave materially false. misleading,or inaccurate information or statements to Lender for failed to <br /> provide Lender with material information)in connection with the Loan. Material representations include, but <br /> are not limited to,representations concerning Borrower's occupancy of the Property as Borrower's principal <br /> residence <br /> 9. Protectionof Lender's Interest in the Property and Rights Under this Security Instrument.If(a) <br /> Borrower fails to perform the covenants and agreements conrained in this Security Instrument, (b)there is a <br /> Legal proceeding that might significantly affect Lender's interest in the Property and/or tights under this <br /> Security Instrument (such as a proceeding in bankruptcy, probate. for condemnation or forfeiture, for <br /> enforcement of a lien which may attain priority over this Security Instrument or to enforce laws or <br /> regulations),or(c)Borrower has abandoned the Property. then Lender may do and pay for whatever is <br /> reasonable or appropriate to protect Lender's interest in the Property and rights under this Security <br /> Instrument, including protecting and/or assessing the value of the Property.and securing and/or repairing <br /> the Property. Lender's actions can include, but arc nut limited to: (a) proving any sums secured by a lien <br /> which has priority over this Security Instrument lb)appearing in court:and is) paying reasonable attorneys' <br /> fees to protect its interest in the Property and/or rights under this Security Instument, including its secured <br /> position in a bankruptcy proceeding. Securing the Property includes, but is not limited to, entering the <br /> Property to make repairs,change locks, replace or hoard up doors and windows. drain water from pipes, <br /> eliminate building or other code violations or dangerous conditions, and have utilities turned on or oft.. <br /> Although Lender may take aetlon under this Section 9, Lender does not have to do so and is not under any <br /> duty or obligation to do so. It is agreed that Lender incurs no nab Wiry for not raking any or all actions <br /> authorized under this Section 9. <br /> NESRLSKA'S nglr Femilp-Fannw MaeFmdsc Mat UNIFORM INS IRJMENM Rat-1 PPERE Form 3025 Inv <br /> VM'=(5 VAIDSAINE;(1!n'I 0.) <br /> WoIhw Kluwer R.rot a ennem ?aqe toff/ <br /> III1II�I��I��ItIII111111 1INIIIIIII'I 1111111MMI <br /> g03315605561 0233 313 0817 <br />
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