97101491 - Laserfiche WebLink

Browse

„p .,+�, / � . -- � � - � .. �• �, - ., • I • ' ^ � ;- r � 9?-10i�9i ,. .� , i _ _::� abandoned Property. Borrower shall also be in default if Borrower, during che loan application process, gave „ materially false or inaccurate information or statements to L.ender (or failed to provide Lender with any material _ — � information) in connection wich the loan evidenced by the Note, including, but not limited to, representations __ concernin� Bonower's occupancy of the Property as a principal residence. If this Security lnstrument is on a leasehold, Bonower shall comply with the provisions of the lease. If Bonower acquires fee title to the Properry, �he � -- leasehold and fee title shall not be merged unless Lender agrees to the mergcr in writing. 6.Condemaatlon.The proceeds of any awazd or claim for damages,direct or consequential, in connection with any wndemnation or other taking of any part of the Property, or for conveyance in place of condemnation. ue hereby assigned and shall be paid to Lender to the extent of the full amount of the indebtedness that remains unpaid _ - under the Note and this Securiry Instrument. Lender shall apply such proceeds to the reduction of the indebtedness - under the Note uid this Secwity Instruracnt, first to any delinqueat amouats applied in the order provided in .- , puagraph 3,and then to prepayment of principal. Any application of the proceeds to the principal shall not extend or � postpone the due date of the monthly payments,which are referred to in paragraph 2, or change the amount of such � ' payments. Any excess proceeds over an amount required ro pay all outstanding indebtedness under the Note and this � Security Insttument shall be paid to the entiry legally entitled thcreto. — 7. Cdarges to Borrower and Protection of Lender's Rl�hts in the Property. Borrower shall pay all �'; ;� governmental or municipal charges, fines and impositions that aze not includcd in paragraph 2. Bonower shall pay <<; these obligations on time direcdy to the entity which is owed the paymeut. If failure to pay would adversely affect i'= �� ` Lender's interesc in the Property, upon Lender's request Borrower sdall promptly furnish to L,ender receipts �=- evidencing these payments. � If Borrower fails to make these paymenu or the payments required by paragraph 2,or fails to perform any other _ _