201505644 - Laserfiche WebLink

Browse

��1 5�5�44 ma�erial�y false or inaccura�e�nforma�i�n or s�atements�o L�nder�or fai�ed to provide Lender with an�material informa�ian� in cannec�ion with the loan evidenc�d by �he Nate, including,: but no� Iimited to, representa�ions concerning Borrower's o�cupan�y af�h� Proper�.y as a princ�pal residence. If this Security Instrument is on a Ieasehold, Borrower shall c�mply with�he provisions 4f�he lease.-If Eorr�vver acquires fee�itle�o the Proper�y,the leasehold and fee tit�e shali no�b�rnerged unless Lender agrees to the merger in writ�ng. 6. Candemnatxon. The pr��eeds of any award or Glaim far damages, direct ar consequent�al, in cannectian � with any candemna�ion ar other taking af ai��=paxt of�he Proper�, or for conveyance in place af condemnation, axe hereby assxgned and sha11 be paid��L�nd�r to the extent of the fu11 amount vf the in�eb�edness�hat remains unpaid under the�To�e and thxs Se�urity Ins�rumen�. Lender shal�apply such proceeds to th�reduction of�he indebtedness under the N��e and this Securxty Instrumen�, first to any delinquent amounts appli.ed in th� order pro�ided xn paragraph 3, and�hen to prepayment of prxncipal. Any applicativn of�ie proceeds ta the prxncipal shall not extend or postpone the due date of th�mon�h.ly payments,wh�ch are referred to in paxagraph 2, or change the amount of such pa�ments. Any excess proceeds��er an amount required�o pay aI�outstandua.g indebtedness under the Note and�us Securi�y Instrumen�sha�ll�e pazd to the en�ity legaXly en�itled thereto. � . 7. Charges to Barrower and Prote�tion of Lender's R�ights �n the Pr.operty. Borr�wer sha�X pay a11 governm�n�ai or rnunicipal charg�s, fines and irnposxt�ans that are no��c�uded ua.paragr�.ph�. Barrov�rer shalX pay these abligatxvns an��me direc�ly ta the ent��y wh�ch xs awed�he paymen�. Zf faxxure to pay would ad�erse�.y aff�ct Lender's in�erest �n the Praperty, upon Lender's reque� Borrower sha.�� promptly furnish to Lender receipts evidencing these paymen�s. "�" � t, If Barrower fails ta make these payments vr the pa�ments required b��aragraph 2, or fa�ls to perform any other cvvenan�s and ag�-eemen�s contained in th�s Security Instrument, or�here is a��al proceeding�ha�may s�gn.i.f can�ly affect Lender's r�gh�s in the Proper�y�such as a proceeding in ban�ruptcy, for condemna�ion ar ta enfarce laws or regula�i�ns�, then Lender may do and pay whatever is necessary to prote�t the value of the Pr�pert�and Lender's righ�s in the Property, inc�uding paym�nt of ta�es, ha.2ard insuranc�and o�her items mentianed in paragraph 2. Any amounts disbursed by Lender und�r th�s paragraph shall bec�me an additional debt of Borrawer and be secured hy this 5ecwr��y�nstrumen�. These amounts sha�1 bear�nterest from�he d.ate of disbursemen�a��he�a�e rate, and at the option of Lender shail be immedi.ately due and payab�e. Borrower sha11 pramptly d�scharge any�ien which has priority aver thi.s Security Instrument unless B�rrower: �a}agre�s in wri�ing to the paymen�of�he obligation secured by the lien in a manner acceptable to Lender;�1v)con�ests in good fa�th the l�en by, �r defends agau�.s� enforcement af the lien in, �ega�praceedings which in the L�nder's opiunaian operate to preven�the enforcem�nt of the xxen; or (c} secures frflm the h��der �f the lien an agreem�nt sa��sfactory to Lender subordina��ng�the 1Yen�o this Se�urity Instrument. If Lender d�terman�s that any par�of�he Property is subject�o a lien vvhich may a�tain priority over thYs Securxty Ins�rument,�Z�nder may g�ve Borrower a na�ice identxfying�he lien. Borr�wer sha�l satisfy�he I�en or ta1�e one or mar�of the act�ons se�farth abo�e vvithin I�days of�he givzng of not�ce. _ � S. Fees. Lender may col�ec�fees ax�d charges authorxzed by th� Secre�ary. 9. Grbunds for Ac�eXeraiion of Debt, � (a} Defau�t. Lender may, ex�ept as�imited by regula�ions xssued by the Se�retary in the case�f payment defaul�s, requ�re ua�umedia�e payment in fu�l of aI1 sums secured by th�s Se�uri�y Instrumen��f: � �x} Borrow�r defau��s by fail�ng �o pay in fu�� any monthl.y payment requ�r�d by �his Securxty Instrumen�prior to or on the due date af the n�x�mnnthly payment, or �ii} Barrower defauxts b� fail�ng, for a period of thir�y da�rs, to perfarrn any other o�ligations contained in this Security Instrument. + [b� Sale Without Credit ApprovaL Lender shall, xf perm��ted by applicable lav�(including sectian 341�d} of the Garn-St. C-ermain Dep�si#ory Ix�.stitut�ons Act vf 195�, 1� U.5.C. 17�1 j-3�d�} and wxth�he prior approval of�he Secretar�, requu�e immed�iate payment�.in fu�l of all sums��seGured by�s Security Ins�rument if ��} AIl flr pax#of�he Property, ar a ben�ficial in�erest in a trust-awning aXX or part of the Property, is sold 4r a�h�rw�ise transferred�o�her than by de�is�ar descent�,�.and FHA h1EBRA5KA❑EE��F TRUST`� MERS , p�� NED�T�.FHA 0�1��1�4 . � P�ge 4 vf 9 www.do�trtag�c.r.orrr � � 3 � � . � � � � � �