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201603733
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Last modified
7/24/2017 2:11:41 PM
Creation date
6/17/2016 8:58:58 AM
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DEEDS
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201603733
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2� 1 ��3733 <br /> reasonalole�ause, Lend�r may insp�ct�he in��rior a��h� impr�verrien�s on�h�Pr��erty. Le�,der snalf gi�e <br /> B�rr�v�r�r notic��f fih�time vf�r pri�r�Q such an in�eri�r insp�ct��n sp�cifyin� suGh r��s�nabl�caus�. <br /> �. Borr�w�r's Laan App���atron. Borr�w�r shall be in de�aui� if, during �he ��an a�p[ica�i�n <br /> pr�ce�s, B��row�r or any p�rsvns �r enti��es ac�in� �t th� �irecti�n �f �orrow�r ar wi�h B�rr�wer's <br /> know[edge ar �on��n� �ave ma�eriaif� false, misleadin�, or inaccura�� inf�rmation or s�atemen�s t� <br /> L�nder ��r fail�d to proWide Lender wi�h rnafer�al information� in cQnne��i�n wj�h �he Laan. ll�iat�ria! <br /> r��r�s�n��fii�ns includ�, bu� �re not limified �o, r��resen�atior�s �ancerr�ing B�rrower's occupancy ���he <br /> Property as �orrvw�r's �rinc�p�l r���d�nc�. <br /> 9. F'ratect�on �f Lender's [nterest in th� Property and Rights Und�r thi� SeGurity <br /> [ns�rumer�t. �f ta} Borraw�r fi�i�s �� p�rf�rm th� Gvv�nan�s and ���e�menfis c�ntained in this S��ur���r <br /> Insfirumen�, �b� �here is � I�g�l pro�e�dir�g �hat migh�si�nlfi�an�ly �ffe�t Lender'� inter�st �n the Pr�p�rty <br /> and�o� rights un�er �his Secur-ity f nst�umen� tsuch as a praceeding in bankruptcy, proba�e, fot- <br /> candemna�ion �r ��rfei�ur�, fir�r enf�r��ment of � li�n vtirhf�h ma� �tta�n priQri�y vver this Se�uri�y <br /> �Ins�rument or�� enfv�ce �aw� ar�r�gul�tians�}, or ��} B�rrow�� h�� ab�nd�n�d th� Pr�p�r�y, �hen L�nder <br /> may d� ar�d pay f�r what��er is r�asona�le�r appr��r�a�e�o�prafi�ct L�nder's in��res�in �h� Pr�per� and <br /> righ�s�und�r fhis Security �nstrument, inclu�ling p����cting andl�r ass�ssing fh�va�u� �t fihe pr�perty, �nd <br /> s�curing �r�dlor repa�ring �he Prop�r��. L�r�d�r's�c�ion��an in�lua��, bufi ar� n��limited ��: ��} ��y�ng �ny <br /> sums s��ur�d by a �i�n whi�h has pri�rf�y o�er this S�curity lnsfrum�n�; �b} appearing in c�urt; and <br /> �c� p�ying r�asonabl� atforneys'���s�o pro�ect i�s �nfer����n�h� Prop�r�y andlor�igh�s und�r this��curity <br /> Ins�rum�nt, inGludin� tfis��cured p�sitivn in � bankrup�cy pr�ce�ding. �e�u�ing�h� Pr��er�y ir�c[udes, bu� <br /> is n�� �imi��d ��, en��ring �he F�r�per�� �v make repair�, change �ocks, replace or ��ard up do�rs and <br /> wind�ws, drain wafi�rfrom pip�s, elimin��� building �r��her cad�v�o�ati�ns�r dan��r�us G�n�i�i�ns, an� <br /> hav� uf�liti�� #urned �n ar a�F. Al�h�ugh Lend�r may ��k� �c�i�n under this Sec�i�n 9� L�r�d�r daes n�t <br /> hav� �o da s� an� is n�� under any dut�r ar v��iga�fo� �o do s�. �� is ag�eed fha� Lender incurs no liabili�y <br /> for n�t�aking any �r all actions au�horized under�his S��ti�n �, <br /> Any am�unfs disburs�d by Lender und�r thi� ��cfii�n 9 sha�� b�cQm� addi�ior�al d�bt of B�orrow�r <br /> secured �y this Securi�y lnstrumen#. Th�s� am�un�s shali bear�int�re�t at�he N�t� raf�from the�date vt <br /> di��urs�r�nen� �rnd sha[I Iae �ayabt�, wi�h su�h in��reSt, upan n�ti�� �fram L�nder�� Bar�ower re�uesting <br /> payment. <br /> �If this S�cur��y instrum�n� is on a l�aseh��d, Bo����w�r sh�i� c�rn�Iy wi�h aI� �he proVEst�ns of the <br /> �l�ase. ���orrawer�cquir�s f�e t�f[e�o the Pra,perty, �he I�aseh�ld and�he f���itl�shall n�t m�rg� un�ess <br /> L�nde��g�ee����h� m�rger�n wri�ing. <br /> �U. Mc�rtg�ge Insurance. If L�nd�r ���uir�d �Il�r�gag� Insur�nc� as a c�ndi�ion of making <br /> ��h��L�an, Bor���rv�r�haEf pay�the�prer�niurr�s req�ir�d �� ma�n�ain ��he Martga����nsuranG� in eff��t. If,,far <br /> any rea�on, �the Martg�g� ln�ur�nc� covera�� �r�qui�ed '�y L�nder ��a��s �� be avail�b�e frflm �he <br /> �m�rtgag� insur�r�ha� pr�via�sly pr�v�d�d such ir�suran�e an� Borr�vtir��v�as r�quired �� mal�e separa�ely <br /> designat�d p�ym�n#s �award the p�emiurrys ��r Mortgage lnsurance, Borrow�r s�a« pay the premEurr�s <br /> r�quired �� ob��in �vv�r�ge subst�ntially equival�nt �o �h� Mar�g�g� Insur�nc� prev�ousiy in ef��c�, �� a <br /> ���� substi�t���al�y equiWaien�to �h� cos� �a ��rr�wer of�he iVl�rtgag� lnsuranc� �re�iously in effec�, fir�m <br /> an �Zfi�rn��� mor�g�g� �n�ur�r Sele���d by Len�er. �� su�s�antiaEly �quiva�ent M�rtga�� �n�uranc� <br /> c�v�rag� �is n�fi �varfable, Borr�vtirer shall con�inu� �� pay �o L�nd�r �h� arr�aun� af �he ��par��e�y <br /> designa��d �aym�r��s �ha� w�re du� when �h� insuranc� co�erage Geas�d �o b� ln effec�. �en��r wiII <br /> ace�pt, us� and re��in tl�ese paymenfs �s a non-r�fundable l�s� r�serve in lieu �f N1art�ag� lnsuran��. <br /> Such Iv�� ���eru��hafl be n�n--refundable, nv�i#hstar�dir�� t��f���th���h� �,oar� i� uit�ma�e[y p�id in fuil, <br /> �nd Lender shall no� be r�quir�d fio pay B�rrQ�er�ny ir�t�r�st or�arn�n�s on su�h Iass r�s�rv�. Lend�r <br /> can no I�nger require tns� res�rue paym�nts if ill�ortgag� insurance c�verage �in �h� amour��and f�r�he <br /> p�riQd �ha� L�nd�r r�qu�res� p��Wided by �n in�urer ���ec�ed by Lend�r �gain ��cam�� av��labl�, �� <br /> �b�ained, and Lende�- requ�res sep�ra�ely desi�n���d paymen�s �award th� pr�miums for �Illortgag� <br /> Insuran�e. lf Lend�r required Mor�gag� insuranc� a� a c�nditi�n �f m�king th� Laan �nd �orrower w�s <br /> � <br /> � <br /> � <br /> * b 9 6 �+ * � M C M D R T D Q T � <br /> NE�RAS�.A-Sing�e Family-Fanni�MaelFreddie�1d[ac�N1F�RM INSTRUM�NT Fa�rm 3028 �Ila�1 (page?v�'�4 pag�s) <br /> Accantur�Mnrtgago Caden�e Dacurnent�onter o 3��7�'�!`i� <br />
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