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<br /> Applica�ble Law. As used in this S�curzty �nstrumen�, �he t�r�n "App�x�cab�e Lav�r" shall mean a�l contro���n�
<br /> applicable federal, sta�� and local statu�es, regu�ations, ordznan�es and administra�ive rules and orders �that have
<br /> �he effe�t af law}as well as al�app�ica�bie f�nal,non-appea�ab�e�udicial opinions.
<br /> �harges; L�ens. Bflrrovver sha�l pay al1 taxes, assessmen�s, char��s, fi��es and impositions attributable �o �he
<br /> Propert�vvhich may atta�n priority over thxs Security �nstrume��, and �eas�hflld paymen�s or�round ren�s, �f any.
<br /> At the r�quest of Lender,Borrower shall prompt�y furnish to Lender receipts eviden�in��he payments.
<br /> Borrow�r sha�� pramptly d�scharge any ��en wh�ch has priority o�er th�s Secur�ty Instrumen� un�ess Bflrrovver: �a�
<br /> a�rees zn wrz�in� �o t�e paymen� af the �bligat�on secured by �h� Iien in a manner a�ceptable �� Lender; �b}
<br /> �ontests �n ��od faxth �he �x�n by, �r defends aga�ns� enforcemen� of the ��en in, le�a1 praceed�n�s wh�ch �n �he
<br /> Lender'� apinion opera�e �a pre�ent �he enforcem.en� flf�he �ien; or �c} secures from �he holder of�he lien an
<br /> , agreem�:nt satisfac��ry �o Lender sub�rdina�in��he lien to thxs Security Ir�strumen�. If Lender de�ermines �hat any
<br /> par� af�the Proper-�y is subjec��o a lien which m.ay at�a�n priority over �his Security �ns�rument, Lender�ay give
<br /> B�rrow�er a nfltice iden�ifyip�the lien. Borrower shall sa��sfy the lie� or take one or more of the a���ons se� fflr�h
<br /> abave v�ith�n I�days af the givin�of no�ice.
<br /> Hazar� ar Praper�y �nsurance. Barrow�r shal� keep�he �mpro�emen�s ��ow existin�or hereafter erected on the
<br /> Proper� insured a�ainst loss by fire, hazards included wi�hin�he term "ext�nded co�era�e" and any o�her hazards,
<br /> inc�ud�r�� �.aods or flaadin�, f�r wh�ch Lend��r r�qu�res �nsurance. Thi� insurance shall be ma�nta�ned in the
<br /> amaunts and for�he periflds tha�Lend�r r��uires. The insuranc�e carrr�r provid�n�the insurance sha�l be chosen by
<br /> Borr�wer subject t� Lender's appr��ai wh�ch sha�l no� be un�easor�a�ly withhe�d. if Borrower fai�s �o_main�ain
<br /> co�era�e des�r�bed abo�e, Lender may, at Lender's �ption, ab�a�n cov�ra�e �o pr�tect Lender's ri�hts in �he
<br /> Proper���n accordance vvith sec�ion��t�ed Pro�e�t�on of Lender's Righ�s in�he Property.
<br /> A1� insurance policies and renevvals shall be acceptable t� Lender and shaI� �nclude a standard �nort�age ciause.
<br /> L�nder shal�have the r�ght�o hold the po��c�es and rene�als. If Lender re�quires, Borr�wer shail promptly �i�e ta
<br /> Lender ali receip�s of paid premiums and renewal notices. �n t�e eWen�of loss, Borrow�r shal� �i�e prompt no�ice
<br /> �o�h�insuranc�carr�er and Lend�r. Lender may make proof nf�ass if not made pr�mp�ly by Borrawer.
<br /> Un�ess Lender and Borrower a�herv�zse agree in writin�, insurance praceeds shall be appl�ed �a res�oration or
<br /> repa�r �f the Proper�y damaged, if, in Lender's sole d�scretior�, the restarat�on or repair is econo�niGa�ly f�asible
<br /> and Lender's secur��y is no� lessened. If, in Lender's s��e d�scre���n, �he restara��on or repair is no� ec�nomically
<br /> f�as��le or Lender's securi�vvouid be lessened,the znsurance proceeds sha��be applied tfl�he sums secured by th�s
<br /> Security Ins�rumen�, whe�her ar not �hen du�, wxth any ex�ess paid to Borrower. If Borrower abandons the
<br /> Properfiy, or daes not answer v�ithin the number of days prescribed by Appi�cable Law as set f�r�h in a natice from
<br /> Lender�o Borrow�r�hat the insurance carr�er has affered to set�le a claim, �hen Lender may collect the insurance
<br /> proceec�s. Lender may use �he praceeds �o repair or restore �he Proper-ty �r t� pay sums secured by this Security
<br /> Instrument,whe�her or no�then due.The per�od of time for Borrawer��answer as set for�h in�he notice will be�in
<br /> when th.e n�t�ce is�Xven.
<br /> Un�ess Lender and Borrower a�herw�se a�ree in v�-�ting, any appl��ati�n of proce�ds�a principal shall no� ex�end
<br /> or postpane�he due date of the payments due ur�der the �ontract a� chan�e �he amount of�he payments. If under
<br /> the sec�i�n tx��ed A�ce�era��on; Remed�es, �he Prapex�y is acquired by L�nder, Borrower's ri�ht�o any insurance
<br /> p�I�c��s and proceeds resul��n� from damage �o the Property priar �o �he acyuisition sha�1 pass t� Lender �o �he
<br /> ex�en�t e►f the su�ns secured by this Secur�ty�ns�rum�nt immedia�ely pr�o�r t���he acqu�s�t�fln.
<br /> Preser��at�on, N�.a�ntenan�e and Pro�ec�ion of �he Praper�y; �orro��ver's Loan Applica�i�n; Leaseho�ds.
<br /> Barr�we�shali na�des�roy, dama�e ar impair�he Prope�y, a���w th� Prflperry to deteriora�e, or cammit was�e on
<br /> the Pro��ert}�. Borrower sha�l be in default�f any forfeitur�actifln o�r proce�ding,wh�ther c�v�l or criminal, is be�un
<br /> �hat in �Lend�r's bood faith j ud�ment cou�d resul� in forfeiture of�he Proper�y or o�herwise mat�r�ally impair the
<br /> lien crEa�ed by this Secur�ty �ns�rument or Ler�der's security interest. ��rrower may cure su�h a defaul� and
<br /> reinstat�, as pra�ided in section tit�ed Borrower's Rxght to Reinstate, b�� causi��the ac��an �r proceedin�to b�
<br /> dismiss�d with a rulin�tha�, in Lender's�ood faith d�termina�inn,preclud�s forfeiture�f the BQrrower's interes�in
<br /> the Pr�per�y ar other ma�erial �mpa�rmen� �f the l�en �rea�ed by this S�curi�� 1ns��rument or Lender's securi�y
<br /> �nterest.. Borrovver shail also be in defaul� �f��rrower, du�rin�t�e loan appJication process,ga�e materially false�x
<br /> inaccurate xnformat�on or sta�ements ta Lender �or failed �o p�o�ide Lender wi�h any material �nformatian} �n
<br /> connect�on with the �oan e�idenced by�he Con�ra��. If this S�cur�ty I ns�rum�nt is on a Ieasehold, Borrower shal I
<br /> com.ply w�th aIi the pro�isians of the Ieas�. If Borrowe�ac�uires fee�it�e t�the Property,th� Ieasehold and the fee
<br /> ����e shali n��mer�e un�ess Lender agrees ta�he m.er�er in wr�t�n�.
<br /> Pro�ecl:ian of Lender's R�ghts �n �he Proper�y. �f Borrower fai ls �o perform the cfl�enants and a�reemen�s
<br /> �on�a�n�d in this Securxty �nstrument, ar there is a�ega� proceed�ng tha�may si�n�fcan��y affec� L�nder's rights in
<br /> �he Property �sueh as a proceedin� �n ban.kruptcy, probat�, f�r conde�rin�.�ion or farfei�ure o�- ta enforce �aws or
<br /> regula�ions�, then Lender may do and pay for wha�e�er is �.ecessary ta protect �he value of the Pr�perty and
<br /> Lender's righ�s �n the Property. Lender's acti�ns may include payin�any sums secured by a li�n which has priorxty
<br /> over�his Security�nstrumen�, appear�ng in c�ur�,pa�inb reas�r�abie a.�torneys'fees and enter�n�on the Property ta
<br /> make r�pairs.A1�hough Lender may take ac�ion under this s�ction,Lender daes no�ha�e�o do so.
<br /> Any amoun�s disbursed by Lender und�r �his section sha�� bec�me addxtianal deb� of Bnrrower secured by �his
<br /> Securi� Inst�ument. Uniess Barr�wer and Lender agree to ��her �erms of payment, these amaunts shal� bear
<br /> in�erest frflm �he date of d�sbursement at the same ra�e ass��sed on ad�rances under the Cflntrac� and shall be
<br /> payabl�,with in�erest,upon not�ce from Lender t�Barrawer request�ng pa�ymen�.
<br /> Q?�a4-2�i 3 Compliance Systems,Inc.SEB3-?4BE-2�]3L2.4.E I.7I Z
<br /> Cvnsumer R.eal Estate-Security�nstrument DL2D3G Pa�e 2 af 5 wu�w.compliancesystert}s.cam
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