Laserfiche WebLink
��1 5��45� <br /> 5. Qccupancy, �r��ervatior�, i�aintenance �r�d Prn�ec�ion �f#he Praper�y; ��r�ower's Loan <br /> Applica#ion; L���ehe��ds. Barra�ve�s1�a11 oGcupy, establish, and t�se ttae P�•�p��ty as Borra��r'��rinc�pal <br /> t�esidezace vvz�hrn s�xty days after xhe e�ecutioi�.of�his Security �ns��l�men� �or�vithi�sixty ciays of a later sa�e ar <br /> - tt ansfez ❑��f1e Prope�•ty} a��d sl�al�con��nue to o�ci�py �he P�op�rty as Bort•�wex's prin�i��I res�dence f�r at�east <br /> ane �eax�.fter�lac datc of��cupa�acy, unless Lender detet-mines tX�at �equirei�aent�vil�cause u�idue ��ar�s��ip f'a� <br /> B�TI��L'1 y or��t�less exten.���.tirig circ��mstances ��lSt W}.71C�1 a�'e�e��nC� BOr10W8I�S COt7�I'��. R�rrov�rer sha�l natify <br /> Lendet�of any ex�enuating cirGt�msta���es. Boriow�r sh�ll not coinmx�vvaste or destroy, damage o�r s�.�bs�a�ti�lly <br /> e�a���ge tihe Propert� ot allaw�he Pr�pe��y to d�t�riorate, r�aso�aable wea��a��c� �ear exceptec�. Lende��7�a�i�ispect <br /> t1�e P�aperty if�li�Pxop�r�y i�v�.car�� a1{abandoned or�he lo�.n is in defat�lt. �ender zx�.ay�a1�e reasonable act�on <br /> ta px-otecti an�.p�res�z-ve suc�-� �aG��nt c�r ab��ndo�led P�•aper•�y, �3�rr�wer shall�lsa be in def�,ult if Bo�rz•awe�, <br /> during th� loan applicati�n p���Gess, gave ma�eri�.I1y��.lse or xz��.c�nx��e infoz�.atio�ar sta�eznents to Lender�ox <br /> fa�Ied to provide Lender�vi��l�.ny mater�al infaa-rnatiori}in car��cti�n wi�h�he �oan eviden�ed by�he No�e, <br /> rncludi�g, bu�no�limi�ed to,xepl�eser�ta�ioz�s c�l�ccrning Bor�ower"s o�c��pa�lcy of the P�ope�-ty as a princ�pal <br /> re�id.ence. Zf�liis Sec�.�x�y Znst�l��ner�ti is an a�easeho�d, B��rawer sha�l coniply wz�h the p�ovisions of�he l�ase. �f <br /> B�rrotiver acqui��es fee���:1 e to the P�o�aerty, �he leaseho�� a��.d fee ti�le shal�no�b�inerged un�ess Lenc�er ag�ees <br /> �o t�ie met:ger ir�wr���n�. <br /> �e Cflndemna�i�n. rI`h�p�roc�eds of a�y award a�clain�.fo�r d�mages, di�ect or consec�uenti�.i, ���canr�ecti�n tivi�� <br /> any condemnatior.a or ot��e� tal�ing c�f�ny par�r��the P�roperty, �r for ca�a�eya�ce i�1 place of��ndemnation, are <br /> hereby ass�gne�. and sh�.l�be p�id��Le�ider�a the e�tent❑f tihe fu11 amount of the indebtedness tha� remafns <br /> L���pai� L���det� t�ae No#:e�.r�c��his Securi�r Tns��~��rr��n�. Len�e�r s�h�.11 appXy sltcla pr�cee�.s to�he r�dt�ctiori of the <br /> indeUtedness �rnder �h�I�a�e ax�d tl�is Seci�rity Itlst�l����e��t, fiz��to ar�y del�nqL��nt amoun�s appl�ecl in t�ae order <br /> provided �n paragraph 3,and the�� �o prepayment af�rincipal,Ar�y applica�ion of the proceeds to the princzpa� <br /> sha1�not exte�d or postpone �he du� d�t�e af tihe mo�thly payments, whi�h�.�e��fer��ed to in paragraph Z,ar <br /> change �he a�noun� of s��ch p�.yme�.ts. Any excess praceeds avcr an�.mo���at��eqi�ired �o�ay ali ou�sta��.di��g <br /> indebted�ess u�xde� the Not� aric�thzs Sec�.�r��y Instt-u�nent sl�a�l be paid ta the en�i� lega�i���ntitl�d th�reta. <br /> 7°d C�arges �� �orr��er an� Prv���fiEon of L�r�der's F�igh�s in �he Pr�per�y. Boz�rower shall�ay all <br /> gove��nmen�a� o�rnu.nicipal charges, f��ae� and imposition� �hat are nat inc�udcd in paxagz�ph 2,Borrovve�r shal� <br /> pay �hese �bXigations vt� ��.rne d�rect���o�he er��it�r whic�i is owed�he payment, Yf railu��to pay v�oti�ld adversely <br /> a�fec�Le��der's i�lteres� 7n�1�e�'��opei ty, u�on L�nder'.5 reque�� Borro�er�hall�romp��y fiirnisll to Lender r�cezpts <br /> evidenc�ng these �aymen�s. <br /> I�Barrower fails la make tilese pa�rments o�'th�pa�ments required by paragraph 2}�r fails to perfQY-�m any ather <br /> cave��a���s �.nd �.�r��rn.e�a�� conta�ned in thz� Sec�.irity Ins�rt,xnlerit, ar�here is a�ega�pr�ceec�ine �fa�.t may <br /> szg�a.i�'���.nt1y aFFect��endex's rights in the P�roper�y �s�.t�h as �.praceeding in ba��r��ptcy, for condemna�ion o�to <br /> erifo�c� laws o�r�g��la�ions}, �hen Lender may do �.t�d p�.y tivl�a�eve� is nccessary �o pr��ect th�valti�e of the <br /> Proper�y and L��ade�'� rigl�ts in the Proper�y, ii�cl��di�a� p�yrnent of�axes,��.azard ins�.xrar��e and othe�r it�rias <br /> mentiqn�d �n parag�apll Z, <br /> ,Any a�no��ri�s cii�b��rsed by Lende� under this �aragraph shall �eco�ne an �ddi�iana.l deb� �f Barra��r and be <br /> . se�uz ed by �his S���u i.ty Insxr��rn.en�, These axr�o��nts sh�.�l beaz� in�exes� from the date of dzshLt�sement, at the <br /> Na�e rate, and a�the aptian of Len�.er,�ha��be imm.ediat�iy due and payable. <br /> Bor�o�v�r shall prom���y c�ischar�e an�r lien u�hi��a �as priori�y over this Sec��rity �nst��ment un�ess B�rr�wer�a} <br /> agrees in wri�ing �a the paytnent of tfre ob�iga�ion s�ci��cd by �h� ��en in a manne� ac�e�table �o Lendera �b} <br /> can�ests i�i gaa�. fai�h the lien by, or c�efends aga�nst enfarc�mel�� af��a� lien in,l�gal pro�eedi�lgs W�lf Ch I�7��1� <br /> Lender's �pi�inn np�rate ta preven� t��e ��f��c�rnent o�'the Iien; or �c� secz�r�s frorn�h� halde� of the lie�an <br /> agreemen� satisfac�ory �a Len�.er subo�di���ing �1a.e lie�a to th�s Securit-� xnstrumen�. �f Lender determ�nes th�.� <br /> any p��r� �f the Prapex ty is subj c�� to a�ien�r}lich rna� a���.ir� pr�o�i��ove�this Security I��s�xu�ne�l�, Lender tnay <br /> give Bax-�ov�rer a natice ider�tifying the lien.Ba�rower shall sa�isfy the Iien ar take otle or mor�of the act�ans set <br /> rar�h �.bo�� within 1�c�ays �f the givuag of no�ice, <br /> FF�W Deed af Trust-�fE q�96 <br /> VINP� VMP�4�2(iV�� (13�2y.Od <br /> Wolters Kluwer�in�nc�al 5ervir.as p�g4,�Qf�� <br /> OO��N�40080�3-�02�356 <br /> 1�11' <br />