Laserfiche WebLink
2� 1 �� 14�2 <br /> ]P� ���E�A.�T�. In add��an �o �� co�r�nan�s a�d a�-eer�e��� made i�. the Se��xr�ty <br /> Instrume�t�B�rr�v�er and Len�.er�rt�.er�o�re�.a.�t and aar��as�`o����s. <br /> �.. �'T� �blxga�.i�as. �3 o�xower shall perfo� a�� �f�3 orr���r's ���rgatzans und�r the ��..��'s <br /> C�nst�.�ent D oc�ments_ 'I`�e "�ans�.i�e�t �??�c�.entsT' are �he: �i� I�e��ara�i�n� �r�� ar��c�es of <br /> incorpora.��on, �ru.s� �ns�me�t or a.�.y eq���ra�en� do�um�nt -�rh�c�. cr�ates the �vvners �ssociat�Qn; <br /> �nd �i�i� an� b��aws or other ru�es or reguia�ions of the �wn.ers .�ssoc�at��n. B arra�re� s�.al� <br /> pr�m�t�y��.�,�rh�n�.ue,a�I du�s an�assessn�ents u�.pos�d purs�.�t to�he�anst�tu��.t�a�uxr��nts. <br /> �. �'r��er��n�u��nce. ���ang a.��h����ers .�.ssac�a.�ron�ainta��s, ��th a g�nera��y accept�� <br /> �nsu�ance car�%e�, a "master" �r r'bla�e�" p��ic� �nsur�n� the Pr�per� �srhic�. i� sata.sf�.c��ry ta <br /> Ler�d�� and-��xch pr���de� i��urance c��r�ra.�� �n �he ama�xnts ��nclud�n� dedu�t�ble �evels�� f�r�� <br /> g�r�o�is, and aga�.nst 14ss by f�re, hazar�is �nc�uded ��-�.n. th� ferm "e�end�c� co�r��a�e,�° and an� <br /> � oth�r h�.zax�.s, �nc��d���, �ut not ��.m��ed �o, �ar�hqua�e� �d �lo��.s� f�r �����. �.end�r req�i�res <br /> ins�ar�c�, th�n_ ��� �e��d.�r �a7.�res the�rovis�on � Sect�on 3 �ox�he��ria�xc Payment�a �enr��r of <br /> the �ear�y premr�.�. �ns�al�en�s fti� ��oper� rnsuran.ce �� t�e Pro�er�; a��i ���� Bflrr��re�-r� <br /> �biig�tian �nder 5 ecti�on � to ��.inta�.n pr��e� �nsuranc� c��rer�ge �n t�.e �rflpe� is d�em�d <br /> satisf ed to th�e��nt�ha��he requ��d co�r�ra��is p�r��vided b��e��rne�s Assac��.tio�pol��y. <br /> �at�Lend�r r�q�zres as a��ndit�on af��.���r�rve��an.cha�.be durrr�a t�i�te�m of t��e Ioan. <br /> Bor�o�v�r shal� ���e �en�er �r�m�� �ot�� ��an� Iapse �n required �rop�r�y �nsuran�e co�'�ra.�e <br /> provi��d���e�aster❑r����et pa����- <br /> Ir� �h� e�r��t o� a �is��butifl�. �� �roper� �ns��ance procee�.� in �i�u n� restara.tion ar �-�p�.i.� <br /> fo�iav�.�g a�ass t4�e�'ro�erty, oF 40 �ommar�area� and�a�ilz�ies of�e�'�, ���rfl�eed�pa�a��� <br /> ��Barra�rer are h��e�� ass��ed and s�a��b�pa.�d�o �...ende�. �er�der sha�� a�p���e���c�eds�a��e <br /> su�s securec� b�the Secur�t�y �.��r�.im�z�t, -�he��r flr no��hen r�ue, �v�-�. -�e excess, x�an�, pa�� t� <br /> B orra�e�. <br /> C. �P��a�z� �ialbiiit�I�.s�x�a�ce. �arro��r sha.�l take ��.ch a�Qgs as�a�be reasa�a��� tfl �n�ur� <br /> t�.a�t�e ��e�s Assa���.�ro�.mau�.t,a.�.s a pubi�c��ab�.��� insu�an�e�o�.�cy ac�e�f.a��e in f�rm, amou�zt, <br /> and e��n�o�c��era.ge�o���der. <br /> �?. ���d��.natio�, �h.e pr�ce��.s �f��' a-�ard or ��a.� fa� dama.g�s, di�ec� or consequentia.i, <br /> paya��� tfl �3�rr�v�er ir� �annectxon �rit� an� �on�emna�t�on or o�er��n�, �f a.�l �r an�� par� of�he <br /> �'ro��r� or �h� caznn�on �reas and fac��r�ies of �.� 1�UDg or f�r a�.y cor�v��anG� �� �re� of <br /> conde�n�a�ion, a.�e h�rehy assi�ned an� �h��I b� pa.�� �a r.ender. �uch prac�ec�s sha.i� b� �.pp���d b� <br /> L�nder t��h�su�ns se��.r��.by t.�.�S��c�r�ty Instrument as pravxded in S ec�ian �I d <br /> �. �end.er`s �'r�ar�o�nse�.�. Borra�ver sha1�n�t, ��cep�after n���ce to �.en�er and���h�..e�der's <br /> priflr wr��en conse�.�, ei�.er par�i�i�r� or subd��de�he P�o�er� ��r conse�t t�: �i}the abandfl�rrien�ar <br /> �erm�natin� af t�z� ��TD, e�cept fflr aba,�do��ne�t or te�zx�atio�. requ�re� b� �a� �n zhe cas� af <br /> su���ant�al dest�u.c�i�� hy��e �r a�.her casual�y or xr��e case af a�akin�b�cand�nz�a�ian a� ern�z�er�� <br /> do�air�; ���� any a�n�nd.�ent�o an��r��s���. Qf�he 'r�o�sti�uent ]Do�ur���tsFr �f the provisron �s for <br /> th� ��press �enef�t c�f I�e�der; �x�i� ter�n�atio� �f prflfessiana� r�ana�e�n�n� a�.d assu�p���n �f <br /> s�����nagem�nt a�the ��.e�-s �.sso���ti�n; ar �i�} an} act�a� u�h��h �ou�� �a�� �� �ffect �f <br /> r�n�er�.ng t�.e �u�I�c ii�.b�.�it� �nsuraazc� c��r�r�e ma�.ntazn�d b�r�ie ��x�.e�s As��cz�.t��n unae�eptab�e <br /> to�e��er. <br /> ]�`. �e��d�es. If Borro�ver c��e���t�a�P�3 due� ar�d assessme�ts�h�en due, th�n I:e�.de� r.�ay <br /> pa� �h�me �n�a.�nounts �.is�bursed�y�e�de� unde�thrs para��rap� � sha1.1��co�e ada��t�o�al �eb�of <br /> �3arr��er s�c�r�d by th� S ec�r�.�y �xnstru�ne�.�. Uniess �arr��er a�d�Lend�r a�e��o Qth�r �em-�.s o� <br /> �ayment, �.ese am�u�.ts sha.���ear �n�er�st frflm��ie date of�isburs��ten�a��h��o�e r�.t�and sha���e <br /> payab�e,�r�th interes�, u�on no�.c�fr�r�Lender ta B�rro��r request�nb payment. <br /> ��L��STI��"E FU�3 F�DE�--S�ng�� Fami�y-Fann�el�laelFr�dd�e�lJlaG�JNtF�R�[, �" U EN� <br /> F��rrri 3'i��'�It3'� <br /> Lase��orms l�tc.[80�}�-46-3��� . <br /> L���F�t�fA3��� �I�� ��a��a�� �ni�ia�s_ � � <br /> � <br />