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<br /> Applicab�� Law. As used in �h�s Se�uri�y Instrument, �h� term "App��cable Law" sha�l mean all con�rall�n�
<br /> app��c�ble federal, state and locai statutes, re�u�ations, ordinances and administra���e ru�es and o�ders �that ha�e
<br /> the�ffect flf�aw�as�vel�as a�l appi�cable f r�al,non-appea�able jud�cxaI opinions.
<br /> Charg�s; Liens. Borro�ver shai� pay aIl taxes, assessmen�s, charges, fnes and Xmp�s��ions at�r�butabie �� �he
<br /> Proper�y wh�ch may at�axn pr�ori�ty aver this Security �nstrument, and leasehold payments or graund rents, if any.
<br /> A�the re�ues�of Lender,Borrower shall prompt�y furn�sh t�Lender rec�ipts e��den�ing�he paymen�s.
<br /> Borrow�r shall prompt�y dischar�e any lien which has pr�ority �v�r th is Security Ins�rument un Iess B�rrower: �a�
<br /> a�rees zn �uritin� �� the paymen� �f the obli�at�on secured by the lien �n a manner acceptable �o Lender; �b}
<br /> contest� in �aod faith the �ien by, or defends a�ainst enforcernent of the lien in, le�a� proc�edings vvhich in �he
<br /> Lender�s �pin�on aperate to pre�ent �he enforce�nent of the I ien; or �c} secures from �he ho lder of the ��en an
<br /> a�reement sat�sfac�ory�o Lender subordina�in�the Iien to this S�curity Instrument. Zf Lender determznes�hat any
<br /> par� of�he Property is subjec��o a lien wh�ch may attain pr�arity over �his Securi�y �nstrumen�, Lender may �i�e
<br /> Borrawer a nflt�ce identifyxn��he 1�en. Borrov�er sha�l satisfy the lien or�ake one or more of the actions set forth
<br /> above�vithin ��days of the����n�of na�i�e.
<br /> Hazard or Property Insurance. Borrower sha�l �eep the �mpro�em�nts novv exist�n� or hexeafter erec�ed an�he
<br /> Pr�per�y insured a�ainst�oss by fire, hazards ix�cluded wYth�n�he term "ex�ended co�era�e" and any other hazards,
<br /> includi.n� floods or f�ooding, for which Lender requires insurance. This insurance sha�l be mainta�ned in the
<br /> amoun�s and for the periods�hat Lender requires. The insurance carr�er pro�idin�the insurance shal� be chosen �y
<br /> Borrav��er sub�e�t tfl Lender's appro�a� wh�ch sha�l not be unreasonably rn�ithhe�d. If Borrower fa�ls �o main�a�n
<br /> co�era�e d�scribed above, L�nder may, at Lender's optiion, abfa�n covera�e �o protect Lepder's ri�h�s in �he
<br /> Property in accordance wi�h section�x�led Pratection of Lender's R�ghts in the Propert�.
<br /> AlI ins�ranc� policies and rene�nrals shali be acceptab�� ta Lender and shal� �n��ude a standard mor��a�e clause.
<br /> Lender sha�� ha�e the ri�h�to hold th� pa�icies and ren�vvals. �f Lende�-requi��s, Borr�wer shall promp��y �i�e t�
<br /> Lend�r ali receip�s of paid pren�iums and renewaI no��ces. �n�he event�f Ioss, Borrower sha�l �i�e prompt notice
<br /> to the i�surance carr7er and Lender. Lender may make proof of�oss�f not mad�pro�ptly by Borrower.
<br /> Un�ess Lender and Borrawer o�herv��se agree in writin�, insurance proceeds shall be app�ied to res�ora��on or
<br /> repair of the Proper�y dama�ed, �f, i.n Lender's sole dis�re�ion, the resto�-a�ion or repa�r �s econom�caliy feaszb�e
<br /> and Le�der's security �s no� �essen�d. If, in Lender's soZ� discret�an, �he res�aration ar repair �s not econom�cai�y
<br /> feasiblF or Lender's security wou�d be Iessened,�he insurance praceeds shaX1 be appl�ed�a the sums secured by�his
<br /> Securit�� Instrument, whe�her ar not �hen due, w��h any �xcess paid �a Borr�wer. �f Borrower abandans the
<br /> Property,or d�es no�answer with�n the number of days prescribed by Applicab�e Law as set for�h in a not�ce fr�m
<br /> Lender ta Borrower tha�the �nsuran�e carrier has offered to se�tle a cla�m,�hen Lender may col�ect t�e insurance
<br /> proceeds. Lender xnay use the proce�ds to repair or restore �he Property �r to pay sums secur�d by �his Security
<br /> �ns�runr�er�t,wh�ther ar not then due. The per�od�f time far Borravver�o answer as set for�h in the no�ice w��l be�in
<br /> vvhen�r e not�ce�s�r�en.
<br /> Unless Lender and Borrawer otherv��se abree �n writ�nb, any appIication of praceeds to princ�pai shali no� ex�end
<br /> or pnstpone the due date of the payments due under the �an�rac� ar�hange the amoun�af�he �aym�nts. zf under
<br /> the sectian�i��ed Acce�erat�an; Remedi�s, the Proper�y is acquired by Lender, Bflrrower's r��ht to any xnsurance
<br /> polxcie� and praceeds resul�in� from damage to �he Property pr�or �o the acquisition shali pass to Lender to �he
<br /> exten�ctf the sums secured hy�his Security�ns�rumen��rnmedia�ely prior�a th�ac�u�s�tion.
<br /> Preser�ati�n, �Vlaintenance and Pratecti�n of �he Property; g�rrower's Lflan App��cation; Leaseh��ds.
<br /> Borr�v��r sha�� na�destroy, dama�e or impa�r�he Proper�y, a�lovv�he Property to deteriarate, or com�mit was�e on
<br /> �the Property. B�rrower sha.i�be in default if any farfe�ture ac�i�n�r proceedin�,whether c1vi�or crimxna�, is be�un
<br /> �ha� �n �,ender's go�d fai�h�ud�men� could result �n f�rfei�ure of�he Proper�y ar otherw�se �na�er�a�ly impa��r the
<br /> �ien crEated by this Secur�ty �nstrument ar Lender's security znterest. Borrower may cure such a default and
<br /> reins�tat�, as pr��ided in sec�ion t�tled Borrower's Rzgh� �o Reins�a�e, by caus�n�the actio� �r proceedin�t� be
<br /> dismiss�d wzth a ru�zn�that, in Lender's�o�d faith deter�m�na�ion,pr�cludes forfei�rure af the Borr�wer's ip�eres� in
<br /> the Pra�erty or o�her material impairment of the �ien created by �h�s Security �nstrument or Lender's securi�y
<br /> �nterest. Borrower sha�l also be in defau�� if Barr�wer, dur�n��he I�an applica�ion pro�ess,�a�e ma�e�-ialiy fa�se or
<br /> xnaccura�e �nfarma�ion or state�en�s to Lend�r �ar failed �a pro�ide Lender wi�h any material �nformatian} in
<br /> c�nnection vvi�h �h� laan e�idenced by the �ontract. If�his Se�urity Instrurnent �s on a leasehold, Barrower sha�l
<br /> comply wi�h alX the pravisxons af the Iease. If Bar�rower acqu�r�s fee tit�e to the Propez-ty,the �eas�hold and the fee
<br /> t�tle sha1�n��merg�un�ess Lender a�rees to the mer�er xn writing. .
<br /> Pro�ect�on af Lender'S Right� �n �he Proper��. If Borro�er faiIs �o perform the cavenants and a�reernents
<br /> cantain�d in thzs Security Instrument, �r there is a Iegal proceedin�that may signif�cantly affect Lender's r��hts in
<br /> �he Property �such as a proceeding in bankruptcy, probate, for conde�nnatian or forfeiture or to enforce laws �r
<br /> r��ulat���ns}, then Lender may do and pay far whate�er is necessary t� pr�tect the va�ue of the Property and
<br /> Lender's ri�h�s in the Property. Lender`s act�flns may inciude paying any sums secur�d by a lien which has pr�o�il;y
<br /> o�er thi� Security Instrum�ent, appearin� in caur�, pay�n�reasanabie a�torneys'fees and en�erin�an the Pr�per�y to
<br /> rnake repairs.A�thau�h Lender may�ake ac�i�n under this sectian, Lender daes na�r ha�e�o dfl so.
<br /> Any amounts disbursed by Lender under this se��ion shal� become additxonal debt of Borravver secured by th is
<br /> S�curit} �nstrument. Unless Borrov��r and Lender a�ree to o�h�r terms of pay�m�nt, �h�se amaun�s shal� bear
<br /> �n�erest from the da�e of'disbursemenfi at the same ra�� assessed on ad�anc�s under the Contract and shall be
<br /> payab�e,wi�h interest, upon n�tice from Lender�o Barrawer requestin�paym.ent.
<br /> �D 20�4-2Q 1 s Cortcp€i�nCe Systems,Inc.SEB3-D2CE-2a 1�L2.Q.E t.7 I 2
<br /> Consumer R�at�state-Sec�rity Instrument DL243G Pa�e?of 5 www.coi3ipliancesysterr�s.cam
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