Laserfiche WebLink
200203454 <br />had Rieft Undw " Secm* hiskmoseaL If <br />t" of I& Me hu"rq <br />SOCU12 <br />(a�i4top*r9ii fps p=;= and soWnifta contained j� ity instrunient,� there <br />is a legal r proceeding that might significantly affect Lender's interest in fife Property and/or fights under <br />this Security Instrument (such as a proceeding in bankruptcy, probate, e, for <br />enforcement of a lien which may attain priority over this Security Instrument or to enforce laws or <br />regulations), or (c) Borrower has abandoned the Property, then Leader may do and pay for whatever is <br />reasonable or appropriate to protect Leader's interest in the Property and rights under this Security <br />including pratetsing aediturapssing the value of the Property, and securing and/or repairing <br />the Pwperty. Lender's actions can inchxb,� but at not fmifed io:,fa) mcuredw a lien <br />—'Whi& has priority over this Security Inotrumem, (b) appearing <br />attorneys' 4= tp protect its Weri4a dep uqdox Ws, including <br />its secured position in a, Sec 11�� to" <br />'y ptOqx p <br />. 11 ­1 1 11i*1 _,­ 11 1 1 doors, <br />to r9al O'C41, _Oce or Ap, <br />entering the ftgperty <br />from pipes; eliminate bWt&n&r or ftff tvioliddiis; da0zeraiii !mod have utilities'' <br />on or off Altho I ugh Lender my taki actidd indir this S&d* §, 1A&i'diWWN64td d6'96 sa&is am <br />_WM -IBM kift <br />under, e6y day or obliption to d6*.'R-b agrW, that tehft-, *6 ViNityAr—ti th -my aft <br />'y <br />actions authorizod wider thisSectim,9. <br />Any smoupts *sbursed by Lender under this Section 9 shall become additional debt of Borrower <br />secured by this Security *Wboar �* xim 00 doftof <br />WWO ft.,Nq�g A <br />and shall be payable, ,with W* Oterest tRAOOrrower <br />xient <br />Payruffeuttiiis Securtty Instrumedis on iklaisehold; bimr6wer-AM"comply with i <br />lease. If Borroiwet Acquires dde to Idie, pto)erty, i 11ii'lessetw and -OW- lee -Utle AM not mete uteips <br />Leader agrees to, the merges in writing. <br />10 biwtpge Insarmice. -If Lender inquired Mortgage Insursoce as a condition, of making the Loan; <br />Borrower shall -pay the praninims required tonumitmtho&dor%W,I=wmmin`ofteL, <br />the, Mongage Insuzaace, povaw, requind, by Leaftr_ cWes to. be ova"a hm the tauQftgp i9suiter.40t <br />previously provided such insurance,. =0 Borrower ,Was re"red to make separately dcsignAUd;,V*'YmCWw <br />toward the premiums for Mortgage 4isuranc4, Borrower,,." pay the primium. required ta., <br />Obtain <br />coverage substantially equivalent to di6'M previously , , at a cost substantially <br />Mortgage . P!�ranc6, . in. 606a <br />equivalent to the cost to sorrowee of the Mortgage, Innirsuce preofouslyr Ij af6d from an altermte <br />covengeAs not <br />nwftpp insurer selected by Lend". substantially equivalent Mortgage IrWi;r= <br />availabW, Borrower shall vodtinft to pay'16 Lendft the amous',of the separately d6signaW-payments that <br />were due whew tthe insurance—coverage ceased to bein -eClUct. Leader will, woept Use, and ,y4udwthese <br />paymats- as w- non ,,refundable Ion veserve in, him -of ?Aortpp,1vsw=e. Such loss ceserve,shsll be <br />non-refundable,-a"withstpoft& the WAS the. Lo*n, is uW"* p id in AM, and Leader shall not be <br />required to #a <br />y Borrower au earnings su <br />y interest or ch Goss reserve. Lender can no longer require loss <br />and for the period 64 Leader nxp&=) <br />provided by an insurer selected. by' Y, ender; again becomes availablee, is "obtained, and Lendeir requires <br />Iiisw�aoe 'ant a dearth of makfag "the ,Loss 'and Horrow�er was rwxmired to makte separately designator <br />payments toward the premium twit` Mortgage Insurance.' Borrower shall pay the' urns required to <br />maintain Mortgage Insurance in- effect, or to pwvi& a nos- refundable loss- reserve,. until Lender's <br />requirement for Mortgage Insurance ends in accordance with, any written agreement between Borrower and <br />Lender, providing for such ternimation, or until torin.mation is agpdro by Applicable Law., Nothing in duo <br />Section 10 affects Borrower's obligation, to interest at the rate provided in the Note. <br />Mortgage Inwance' reimburses LeZry <br />r (or any entity that jurchases the Note), for certain losses it <br />may incur if Borrower does not `repay the Lom as agreed. Borrower is riot `a party to the Mortgage <br />Insurance. <br />Mortgage insurers evaluate their total risk on all such insurstim in force from time to time, and may <br />enter into agreenzents with other parties that share or modify their risk, or reduce losses. These agreements <br />are on. terms and conditions that are satisfactory to -the mortgage insurer and the other party (or. parties) to <br />these agreements. These agreements may require the mortgage uwxw, to make payments using. any, source <br />of funds that the mortgage insurer may have available (which may include funds obtained from Mortgage <br />Insurance premiums). <br />NE) woom-o, <br />Pop 8 of 15 Form 3028 1101 <br />#I <br />