95106718 - Laserfiche WebLink

Browse

: . . •�r•:, �� 9 p1� .. . -�--. .. MyIWl.�!'►r...ww.. •• � -.•�-- - ...�_ _._ _ _ �� i �y�, � , iss�l,vn'■afGw,w.�fJt�ai.c a�. .�.____:.r�� 3 .. ,,, w...s'� - - -� - — __'� __-- _' _ — .,.wwo� .d�-�_..,_.-. , � ��95- so6�e - S. l�rd or Propnty l�ur�t�.flore�wer ahall koep tho improvo�nen9n��o:+cttistiog or ltereslter�nccterf �n the � Pruperiy insurod aawtnsi lose by ilra,hrzords includ�d within tho tcrm "extcndc� cav�eago'mid any otiece hnz�nrda. incie�ing `. flood� or floodln��fot wlstch i.er�der cequirt�insuranco. Tt►te insur�noo shali be matntained in tha a�m�uuin e+xi fa�tha p�ads - �hat l.ender requfra+.'Phe Inaur�e cxrrler pmvtding tho InRUnnca �tiall bo ctx��cn by Bnrrawcr aubjoct to I.e�►dcr'x appravtl wAtch sh�ll not be unress�ntbly wlthheld. It Bot�awer fiils ta tnaint�ln a►vengo descri6ed above� Lender mxy. at Lender't � option.obuin eovenje w prc►tcxt Lender•��iahte in the Property la amardinee wftN p�ra�t�ph 7. All tnsuru�oe polloia and renewal�ehall be acoepuble to Leflder and ehdl includa�etandud mort�age clauaa I.ender els�ll have the d�ht to hotd the policla and renewde.IP Y.e�rder raquira��3oi�owcsr si�IQ pr�ruptiy give to LFnder a!I rccdpin oi � paid premlunu Rnd renewd notice�, in tM avent o!toss.8arrower sf alt�ive pmmpt notioe w the Icuu�anoe c�rier tid I.ender. � L,en�ler m�y m�ke proo!nf!ou iP not made promptly by Borrower. . Un(ea�Le�fder and Borrower otherwlae�grae le wridn$,in�urarke procads sh�116e apptiad to n:storWon or re{uir of the Ptnperty dam�gad�it the ceatoraden ar�ir ia amnomtally fi�sible aiM landu's r�ecudty is not lessened.It the�estor+�tion or trpelr le nd eounorritaiity faalble or Le�des'e eacudty would be lessened.the InsutiaKx prnoeeds el�all be�ppNed to the Rums - acurod by thi�Socurity in�um�t.wl�ett�er mr nat then due.with aay exass patd Eo�anower. If B�nrrower�baiM4ns the .. �Prope�ty,or doa not�nswer within 30 d�ya�notioo fi+om 1�enda twt the lnsuranos c�ter has offered to settte a claim�then i�et�ier nuqr oolloct ihe i�uranc�pmoeede. Lcndet nny usd the proceada to re�ir or natore the Pmperty or to nay aumt ta�red by th1�Savdry Wttument, whether or not thcn due.Tbe 3�day pedod witl begin when tho notice ts given. ilnless Lender�nd Botrower dhstvulse�gnx in wrtting,tny tpplicatlon of procaed�to priactpal ehall n�t ea►.end or poetpone the dne date of the monthly psytaenta nfer►nd ta in p�ragr�pha! ud 2 or cls�nge the�tnount of the paymente. If �urter pragnph 2l the Praperty is aoquind by Leader. Bo:rower's right to any imuranoe poltcia�nd prooeeds c�ewldng from danuge to the FropertY Prior to the aequisldou ehali peas w Lender to We axtent ot tbe sw;�s sec�►r�f by this 3ccnrhy I�irurt�at ia�rnecli�tely pdor w tha aoyuisidon. 6. Oocup�trcy Preservatton�M�inten�noe and Pi�ote¢tlon ot tbe P�+opai�i Bonrower'e Loan Applkatloni 1.ea�daldt. Borcower shall oocupy�estabitsh.md use the Properly as Sotrnwer's principal na�denoe within abety days atier the e�cxution of this Sewrity Ic�stroment�nd etuil oontinue to axupy the Property�u Boitower'a pdndpol reatdenoe for at teast 6s►e yeu aRet the date of occupancy.unlea�l�nder otherv►►��S�s in wdt�n{,whtch�onsant shtll �ot be unn�sombly wtthheld.or unlas extrnu�tin� c�rcwmt�d est:t which ue beyond Boirower'e oontrol. Borrower ehali oot desaoy. dam�ge or impsir the PPapesry. allow the Propaty ta detedorate. or oommit waate on the PropertY.Bonowu ehdl be in detautt U any forfeituro �1on ar praceoding.wt�ether civ11 or crimin�l�[a begun tlnu tn Lerider•e good fiith judgma►t could result in forfeiwre of the property or othenvEae msteritlly impir ttia lien cre�ted by Nis Saudty Instrument or Lenda's aecurity i�►tereat.Borrowar�my rure auch a default and�einatate,a provlded in pa»gnph 18. by cau�ing the acdon or grocading w be diamiseod with�ruting ti��€a I.�cs'a �lt3s d�m�tms�an. �a ffltf�lil��lh�+ Rnrmwer'�irttrxst in tbe Prn�ty or other a�1d , imp�irnient of tho 1�crauaf by this Saurity Insburnent or Lrnder's secudty intere�. Bomower shall dso be fn def�ult if Bor�u�ver.during tho loan appliaNton nivasa.8a�e miLe�i�Qy fdee or inaocurau dnfom�tion or aatexnenta to�c.ender(or failed W pmvide Irender with any rtaiterid lnfomu�tlon)in connection wit�the iwn evideooed by tln Note.tncluding.but r�ot limitad W.repraa�tattona ooaoeming Hortower'e ocaipstky of tha Pnoputy es a principal resi�.If thta Secudty Insteument ia on� leasehold. Bomower ahall comply with dl tho provisions of the lase. if �oimwer tcqutra fae dQe W fl�e Property. the le�dtiold and 4he fee tida ahtll not mergo unless L.ender agzas to the merger in wrtting_ 7.Prota/ion ot i.ee�er's ii�M�t In t6e Propaiy.If�oTrawer fiils to paform tha oove�nts eM egneGnaKe oontained in thfa S�eairi�ty Iasnument.or thene is�tegd pro�eeding that msy sfgniflcantly�fEaa I,ender'e rights in the Praperty(such aa a pcooeeding in banlwptcy.probate, for eondemnation or forfeituro or to enfom lawa or KgulNiom).thrn i�en9er may do and P�P for wtutever is neoessary to protxt the vafue of the 1'roperty uid irender'a rights in�he P�uperty. Lenda�'e actIons nny include P�Yj�8 ury awtu aecurod by a lirn which hs�priority ovec thia Sxuvity Irot�amiait. aPPartng in contt. Wl��E • cwor�blp auort�eys•fees and euteeing on the Properiy to m�ke repairo. Althou�La�du wy l�ke�ctlon under ttils p�naraph �.Lender does not luve to do so. • � � My amounts diabursed by Laider under this para�eph 7 shall 6eoome additiorad daM of Harrower secured by thia Savnty lnahuma►t. Unless�arrowu atd Lx�der�grx to ott�er temn of payment,theae amcrunta shall bear lntet�cat from the d�te of disburse�em u tho 4dote rau and shill be pn��bie� wlth lekrest. upon no�ia fmm LeMer to Bomower requatln= ��Morf�e ImNr�noe.If LeMer�quired mortgage in.surmoe e+n oondition of rp�ktna the In�u�sauroA by this Secudry Itatninxat. Horrow,er sh�l!pay tde p�csemeewm nequit+ed w maintein the mortg�ge lnsue�noe in effxt. If. for my raaon. tLe nartgaae Inaunnoe oover�ge rcqutred by iaender tepaes or asses w be in effe�t, Bomower�t�all paiy the premiums requ[ied W obqin coverage aubsanRidly cqulvala�t to the mortgag�Inwranoe pmvtoualy in i�t.�t a oost euba�nti�lly tquivaleat W the c�st to Bomower af the mortg�ge iraurance prevtonsly i�ef�ect, from an altemate ntortg�ge insurer approvad by I.eMer. iP subuamlally cquivaSem martgxge i�ue�azs�oovenge is noi av�fl�b1�.Borsowar s1u�11 pay w LenQar a�ch mocxh a sum aqµal to one�twelRh�of ihe ywly mortg�ge insuranoe pcemium be[ng paid�o3r�ornower when the insurana coverage ltpaed or��tto be in effect.Lender wil!aoaps.use ad cetain theso peyments as a tosa reserve in liw of mortgage insurure. Loss rasp�o . •.1'a*m 902� !!fo � r,�.sa• j ` � M ._ • �