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��14��S1S
<br /> Appi�cable Law. As used in �his Securi�y Ins�rumen�, the �erm "Applicable Law" sha�l mean a�l controllin�
<br /> app�icable federa�, state and lacal statutes, re�ula�ions, ord�rnan�es and adm�nistra��ve ru�es and orders �that have
<br /> th�effe�t af�aw�as we�l as all appli�able fnal,non-appealable�udiclal op�nions.
<br /> �har�e5; Liens. Borrower shali pay a�l taxes, assessmen�s, char�es, fines and impflsitions attr�bu�able tn the
<br /> Pz�aperty whi�h may at�ain �riority �ver th�s Security Instrurnent, and �easeha�d payments ar ��round ren�s, if any.
<br /> At�he request of Lender,Borrower shail pr�mptly furnish�o Lender rece�p�s evxdenc�ng�he paymen�s.
<br /> Borro�v�r shall pro�nptly dischar�e any I�en wh ich has prl�r�ty over th�s Security Ins�rumen� un�ess Borrower: �a}
<br /> a�rees in writin� to the paym�nt of the obli�ation se�ured by the l�en in a manner acceptabie to Lender; �b}
<br /> �Dn��'StS lI7 go�d faith the l�en by, or defends a�a�nst en�orcemen� of the tien �r�, le�a� pr��eedings which in the
<br /> Lender's opi.nion nperate to prevent �he enforcernent of the 1ien; or �c� secures fram �h� ho�der of�he lien an
<br /> a�reement sa�isfact�ry�o Lend�r subordinat�n��he l�en �o this Secur�ty �ns�rument. If Lender de�ermines tha� any
<br /> par�of the Praperty is subject�o a ii�n which may atta�n priarity over th�s Security Instrument, Lender may �ive
<br /> Borrou�er a notice id�ntifying the �ien. Borrawer shall satisfy the lien or take one ar more of the actions set f�rth
<br /> ab�ve wi�hin ��days of the�iving of no���e.
<br /> Hazard vr Prop�r�y Insurance. Borrawer sha11 keep�he impravements naw existin�or hereaftex er�cted o� �he
<br /> Prflper�ry insured a�a�nst�ass by fire, hazards included wi�h�n the terin "ext�nded covera�e" and any other hazards,
<br /> includi.n� flo�ds or floodin�, for vvhich Lender reQuir�s �nsurance. Th�s �nsu�rar�ce shal� be �naintained in the
<br /> amoun�s and for the periods tha�Lend�r requires. The �nsurance ca�rr�er pro�ldin��he �nsurance shal� be�h�sen by
<br /> Barrower su�j e�t ta Lender's appr�va� which shall n�t be unr�asonably withhe�d. �f Borr�wer fai is �a maintain
<br /> co�era�e descrzbed abo�e, Lender may, at Lender's �ption, o��ain covera�e to pro�ec� Lender's ri�hts in the
<br /> Property in accordance w�th section�itled Protection�f Lend�r's R�gh�ts�n�he Property.
<br /> Al� insurance pol�cies and renewals shall be accep�able to Lender and shal� �n��ude a standard mort�a�� clause.
<br /> Lender shall have the r��ht��ho�d the policies and renewa�s. �f L�nder requxr�s, Borrowe�sha�l promp�I}� �i�e to
<br /> Lender a�] receipts af paid prem�ums and renewal notic�s. �n the event of Ioss, Borrower shall �iWe pr�mpt notxce
<br /> ta the insurance carrxer and Lender. Lender nlay make proof of Ioss if n�t made promptl�by Barraw�r.
<br /> Un�ess L�nder and Barrov�er othervvise a�ree in vvr�tin�, insurance proceeds sha�� be app�ied to r�stara�ian or
<br /> repa�r of the Propert� dama�ed, if, �n Lender's so�e discre���n, �he restoration or repa�r is ecanom�ca�ly feasible
<br /> and L�nd�r's security is no� less�ned. If, �n Lender's sole d�scret�on, the restora��on ar repa�r �s not econamica�ly
<br /> feasible or L�nder's security would be lessened,the�nsurance proceeds sha��b�app�ied�o�he sums secured by�his
<br /> Securi�y Instrument, vvhether or not then due, with any exc�ss pa�d �o Borrawer. If B�rrawer abandans the
<br /> Property, or does n�t answer with�n the number af days prescribed by Appl�cab�e Law as set for�h in a no�ice from
<br /> Lender to Borrower tha��he �nsurance carrier has affered to sett�e a claim, �hen Lender may callec�the insurance
<br /> proceeds. Lender may use the proceeds �� repair or restare �he Proper�y or�o pay sums secured by this Security
<br /> Ins�rumen�,whether or not�hen due. Th�period of time for Sorrovver to answer as se�f�r�h xn�he n�tice vv71�be��n
<br /> when the na��ce�s��ven.
<br /> Unless Lender and Borrower othervvise a�ree �n writing, any applica�i�n of praceeds to principal shal] na��xt�nd
<br /> or p�stpone the due date af the paym�n�s due under the C�ntract or chan�e the amount of�he payments. rf under
<br /> �he section titled Acce�era�i�n; Remedies, the Pr�perty is acquired by Lender, Barrawer's ri�ht�o any insurance
<br /> policies and proceeds �resul�i�.� from dama�e �o the PrQperty pri�r t� the acquzsition sha�X pass t� L�nder �� the
<br /> ex�ent of the sums secured by this Security �ns�rument�mm�diate�y prior�o�h�acqu�sition.
<br /> Preservat�on, Ma�n�enance and Protection of the Proper��; Borrower's Laa� Appiica��on; Leaseholds.
<br /> Bflrrow�r sha�l nat destro�, da�ma�e o�r impair the Proper�y, all�w�he Proper�y to d�teriorate, or commit vvaste on
<br /> �he Property. Borrower sha11 be �n default if any farfeiture action ar proceedin�,vvhether ci�il or�riminai, is be�un
<br /> that in Lender's �oad fai�h j ud�nlen� could result in forfeiture of the Property or ��herwise �-na�erially �mpa�r�he
<br /> l�en created by this Secur��y Instrument o�r Lender's secu�ity inte�est. Borrawer may cure such a d�fault and
<br /> r��ns�a�e, as pro�ided in sec�ian titled Borrawer's R�gh� �fl Reins�at�, by caus�n�the acti�n or proceedin�to be
<br /> dismissed wi�h a ru�i.ng that, in Lender's�ood faith determ�na�ion. precludes forf�iture af the Borrawer's interest in
<br /> the Property ar other mater�al impairment of the lien c�eated by �his Securi�y ins�rument ar Lender's securi�y
<br /> interest. Bar�rower shall also be �n default if Borrawer,dur�n�the �oan app�ica�ion pr�cess,�a�e ma��rially fa�se ar
<br /> ina�curat� �nformation or s�a��men�s to Lend�r �ar failed �o pro�ide Lender with any material iflforma�i�n} in
<br /> connec��on with the �oan e�id�nced by the C�ntract. I f th i s Security I nstrument �s an a �easeho 1 d, B arrovver shal i
<br /> comply with aii�he pro�is�ons of the lease. �f Sarr�wer acqu�res f�e ti��e to th� Property,the leaseh�ld and the fee
<br /> ��t�e shal�n�t mer�e un�ess Lender a�rees�o the mer�er in writin�.
<br /> Pratection of Lender's Rights in �he Pr�per�y. rf Bnrrower fails �o perform �he co�enants and a�re�men�s
<br /> conta�ned in this Security Ins�rumen�, or there is a le�al pr�ceed�n�that may significantly affect L�nder's ri�hts in
<br /> the Pr�perty �such as a proceedin� in bankrup�cy, pr�ba�e, for condemna��on or fo�-fei�ure or �o enfarce laws ar
<br /> re�ula��ons�, then Lender may do and pay for wha�ever zs necessary �o pro��ct �he �a�ue �f the Proper�y and
<br /> Lender's ri�h�s in the Pr�perty. Lender's a�tions may include payin�any sums secured by a lien which has prior��y
<br /> o�er�his Securi�ty Instrume�.t, appearin��n cour�,pay�n�reasonabl�attorneys'fees and ent�rin�on the Property to
<br /> make repaxrs.Althou�h Lender m�.ay�ake ac�ian under th�s sec��an, Lender d�es not ha�e to d�so.
<br /> An amoun�s disbur�ed by Lender under thzs sec�ion sha�l became addit�onal deb� flf B�rrower secured by this
<br /> Y
<br /> Security �nstrument. Unless Borrawer and Lender a�ree �o o�her �erms of paymen�, �hese am4unts shall bear
<br /> in�eres� fro�n the date of disbursem�en� a� �he same rate assessed on advances under th� ��ntrac� and sha11 b�
<br /> payable,w��h interest,upon not�ce fram Lender�o Borr�wer requestzn�payment.
<br /> �?444-2�13 Campliance Systems,inc.SES"a-CC9G-2013L2.4.E1.7 t2
<br /> Consu�rier Reai Estate-Sec�srity lnstr�ment DL2�36 Pa�e 2 0�� www.cornpliancesystetils.co�r�
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