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HomeMy WebLinkAbout0945 ur acyuiaiu~n xiau ya» w L~uue~ w in~ e.~~cn~ ui u~e Sunu ~ccurru inis ~~or~gage imm:aia[ei} pnor so 5ucn saie cu acquisition. 6. Pcesenalion and ltaintenance of Propert~; [.easeholds; Condominiums; Planned Unit Ue~~elopments. ~errowcr shall keep the ProFerty in good repair and shall not commit waste or permit impairment or deterioration of the Propert)' and shall compl~~ with the provisfons of an} lease if thiti '~1~~rtg.~ge i~ ~~n leasehold. If this Afortgage is on a unit in a condominium or a planned unit ~le~elopment, Borru:tier ~hal! p~rform all uf Borrower's ebligations ~nder the declaration ur covenants creating or governing the c~ndnminium or planned unit devel~pment, the b}~-la~s and regulations of the condominium or planned unit development, and constituent documents. If a cun~lominium or planned unit de~•elopment ri~er is executed b}' 8orrow~er and recorded t~~gether Hith thi~ M~~rteage. the co~•en~nts and agreements of such rider sha11 be inco~porateef into and shall :~mend an~i supplcment the co~enants and agreements of this Mortgage as if the rider ~~ere a part hereof. 7. Protection of Lenders Security. If Be,rrower fa~l~ te~ perfc,rm the covenants anJ agreements coniained in this Mortgage, or if an}' action e~r proc.eeding i, rommence~l «hi~h tnatrriall}• afTe,ts (.en~ier's inter~st in the Propert}•, including, but n~t limite~ to. eminent domain. i~j;~~lcer~~. c~~de rnf~~rcement. ~r arrangcments or pr.xeedings im~ol~~ing a bankrupt or decrdenL then Lender at Lender's optie~n. upon nutire t~~ Borr<~w~er, ma}' make such appearances, disburse such sums and take such actiun a, is necet,an to prutect l.ender'; interest, incliiding, but nc~t limited to, disburserrient of reasonable attomey~'s fees and entry upon the Propert}• to make repain. If Lendcr re~uired mortgage insurance as a ' condrtion of making the loa~ sec~reel b~~ this :~t~rtgage, B~~rm:?rr shall pa}` the premiurns required to mainta;n suci~ insurance in e~ect until su::h time as the reyuirement for such instirance terminates in accordance with Borrower's and '~Jt~~JK t~~~f ~~•J e . . _ : ~a ~s~ce y,. " e~E