201506732 - Laserfiche WebLink

Browse

��15��73� Bvrr�wer]un�er aIi insuran�e pa�ic�es cav�ri�g the Property, insafar as such rights a.re app��cab�e to the covera.g�of the Proper�y.L�nder�.ay us�the insuranee procee�s either to repair ar restore�he T'r�pert� or to pay amounts unpaid under the Nat�or tbis Se�urxty Instrument,whether or not then due. �. �ccupancy.Bvrrovver sha�1 occupy, establish, and use the Property as Barrvwer�s �rincipai r�sid�nce �r�thin��days after the execut�on of this Securit�InStrumen�and 5ha�l�Qatinr�e to occupy the Proper�y as Bqrrov�er's�rincipal resi��nce for at��ast one year after th�date of vccupancy,un�ess Lender determines tha�.this r�quirement sha�l cause ut�due hardsh�p far the Borro�er ar unle�s extenua�in� circumstanc�s exist which are�eyoud B�rrvwer's contra�. ?. P�eservatian,Maintenan�eand Pr�t��tionof thg I�roper�;�nspe�t�ons.Borrower sha��not de��ray,damage or impa�r t#�e��rfl�er�y,al�ow the�roperty to�et�rxorate or cornmit waste on�he PrQper�y.Borro�ver sha��r��n�ai.�.the Pr�per�A�a�rder to p��vent�th�l�r�perty from det�riorating ar decr�as�ng in��.��u��u��a��s con�it�on,�Jni��it i�d�t��n��pursua�t tv 5��n 5�hat�epair ar rest�ratio�i�n�t��o�arx�.��a��`��s��,��r��v��s�.a��pr��t�y r��the Praperty if dam�ged to avaic�further d�et��iarativ�flr�a�ma��.I��u�ar��4r�o�t��rz�.�aa�i�r��r��ds a��paid�n�on�a�ctivn �vith d�m�.�e to t��F�o�ert�r��r��r��.�I be r�s�a��ib��f�r r�pa�ri�.g��r�st��.�t�e Prop�rt�r��.ly �f L�r�d��°ha�rele��d�ro��d�f�r s�u�h.��.�.��d�r�xaa�d��b�r��p�a��d�f�a��e��ai��.r�d r�s��ra�ion�n a�ir�g�e p��m��ar i�a��i��pr��'��en�s a�th��r�r��c��ted. If�he ��.suran��or�o�de��ion pr��e�ds�e�.��t�ffi��e,�t��p�.iar vr r��re��e F�op�r�,�orxo�ver is nat r��e�r�d Qf B��ro�v�e�'�v��i��.tian f�r tb.�c��;p��.��af sue�.repa�r or.r�st�ratio�. �f�andemna��on�rt�c��d��re pa��ia��Qn�r.��r.o�r�r��th�e ta.k.�a��f t�e�rv��rty,�end�ar shal��pply su�h praceeds��th��re�u��n c�f the znd��t��.��ss un��e��and this��c�ri��ns��nt,�irst�o a�.y �i��inqu�nt�.mour�t�,and th�en ta paym��f p��mci��.�.y app��cati�n�f th�p��oc�ed��a�he prin�ipa� sh,a11��t e��end ar pv�tpone t��due�a��o�'t�a�r��n��.��n��ts or eh�a.�g�the ar��un�a�su�ch �aym,ent�. Lender�r it�age�t ma�m�e rea�o��bl►e��atries upo�and��p��ti��`th��roper�.If it ha� r�asonabl�c�usex�.e�d��n�a�i�peet t�e�n�eri�r�f��.�r�v�r�ents��th.�P'r�p�r�y, �,e�d�-r sha��iv� �prrQ��ri0ti��.t�h�'�iri��Qr pT��#�5�1��.�.n l�t��rt��p��t��G��iri��t��h t��SDt�a�7l�Gaus�. 8. Sarrower's Lva�A�p��i��c��rr��r�r��I��a�in d��I�.�f, da�r�:�.g��e L�a�.app�ica�ion pr��e�s, �ar�rower ar a��er��.�Qr�atifi��s a�ct��.�at�h�di��ti�n o��rro�e�v��r�t�.��rr�rver'$��wled�e a� cansent gavE mat�rial��f�.�s�,rr�zs��.din�,��inacGurat�inf�rmation�r st��n°�eut�tc�L�n��r(c�r fail�d to prav�de Lender�vit��nate�r��.�i�f�r�nat��x�}��n�c�iQ�a�i��e I.��. �Iat�r�a�r�p��s��xt�ti�n�in�lude, but�.r�n��rni��d�t�,r��r��s��xt��s�v�.�ern�n��r�rv��'s o�c��o�th�PrQ��r�a��Urr��v�r's �ri�.�ipa�r�s�dence. �. �rotectianaf L�r�dsr's IMt+��t�r��h��n�#��ht�U�d�r t'hi��r�ty�ns��um�n�.�f �a)�o�'ra�ver fa�ls��p��fvrrn th��v��an�t��.�.��.�re�rn�nt��.#.��m��xn�hi��ur��Ir�s�rur�n.�nt,(b� �here is a��ga�prc��di��at mi��a�s��a��"i��.��'�'��t�,e�d�r'��re��i�.t��aper�r a�d�ar��bts un.��r this�ecuri�r�n��.��t�s�uch a�a F�r4��.��yr�pr��t�,f�r c�ndem.�a�ivn or fvrf�itu��,�or��cfar�e�e�.t��ie��v�ie�a r��.�t�.i�pr��r��t��r�r th�s�e�ur��.s�rt��t�r ta��.forc� ��s�r r��a��,$),�r�c��3c��rv�v�r��anda��r��y��.L��d��a�d p�.y�`Qr �vl�a��v�r�s r��so�.a��r appx�pri�.��fi��r��c��.��d��`��.��.��'��s��y an�ri�h�ur��r tbis ��ur�ty��m��.�,inG�ud�t��r�t��,��t��Iar��.�va.��af��Fr��a�.d seeu�xn��,d1�r r��ai�in��Prop�rty. Le�.��er'��c��c��c��i�cl�c��,�u��e�.o��ir�xit��t�:��.��in�a��u�s�e�r�c� �HA o��t r�v�t w�r��-r�� of�fl�a Bankers 5y$t�m�� VMR� VMf�4�f[N�)(1�a�).Di3 Walt�rs d{iu�er Ff�a�ci�#S��vic�� '��a of 1� � .'� �,�� .,�'