Laserfiche WebLink
LOAN #: 92010203922 <br />of the Note and/or the Security Instrument as permitted by state law. If any <br />provisions shall not be permitted by state law, the remaining clauses and <br />Riders shall remain in full force and effect. All Riders will be considered part <br />of the Security Agreement. <br />4. "Guarantor" means any guarantor of surety, or accommodation party of any or <br />all of the debt obligation. <br />5. Borrower's and Guarantor's right to reinstate is limited to Applicable Law. <br />6. Property as defined in the Security Instrument also includes any equipment or <br />fixtures that are now or hereafter attached of affixed thereto. <br />7. Borrower shall promptly comply with all laws, ordinances, and regulations, <br />now or hereafter in effect, of all governmental authorities applicable to the use <br />or occupancy of the Property, including without limitation, the Americans with <br />Disabilities Act. Borrower may contest in good faith any such law, ordinance, <br />or regulation, except as required by Applicable Law, and withhold compliance <br />during any proceeding, including appropriate appeals, so long as Borrower has <br />notified Lender in writing prior to doing so and so long as, in Lender's sole opin- <br />ion, Lender's interests in the Property are not jeopardized. Lender may require <br />Borrower to post adequate security or a surety bond, reasonably satisfactory <br />to Lender, to protect Lender's interest. <br />8. Borrower shall notify Lender at least fifteen (15) business days before any work <br />is commenced, any services are furnished, or any materials are supplied to <br />the Property, if any mechanic's lien, materialmen's lien, or other lien could be <br />asserted on account of the work, services, or materials. Borrower will upon <br />request of Lender furnish to Lender advance assurances satisfactory to Lender <br />that Borrower can and will pay the cost of such improvements. <br />9. Borrower warrants that: (a) Borrower holds good and marketable title of record <br />to the Property in fee simple, free and clear of all liens and encumbrances other <br />than those set forth in the Real Property description or in any title insurance <br />policy, title report, or final title opinion issued in favor of, and accepted by, Lender <br />in connection with this Security Instrument, and (b) Borrower has the full right, <br />power, and authority to execute and deliver this Security Instrument and all <br />Riders to Lender. All costs associated with the defense of title claims, are bore <br />by the Borrower and/or the Guarantor, jointly and severally, whether paid as a <br />direct or a recoverable fee to the Lender under the Security Instrument. <br />10. The Borrower and/or Guarantor must notify Lender within at least thirty (30) <br />business days of any dissolution of Borrower's entity (regardless of whether elec- <br />tion to continue is made), or if any member withdraws from the limited liability <br />ICE Mortgage Technology, Inc. Page 2 of 4 <br />L11142934BUSRLU 0622 <br />L11142934BUSRLU (CLS) <br />04/29/2026 01:52 PM PST <br />