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<br /> Appiicab�e Law. As used in thzs Security �ns�rumen�, the term "Applicab�e Law" shaIl m�an all c�n�rollin�
<br /> applicabl� federa�, sta�e and local s�a�utes, re�u�at�o�as, ardinances and administrative rules and orders �that have
<br /> fihe effect of law}as wel�as all applicable f na�,nan�-appea�ab�e judic�al opinions.
<br /> �harges; Lrens. Sorrower shal� pay aI� taxes, assessments, char�es, �ines and �mpositi�ns a�tributable �o �he
<br /> Praperty wh�ch may at�ain pr��rity aver th�s Security Instrument, and �easehoid paymen�s ar �round ren�s, if any.
<br /> At�he request�f Lender, Borr�vver sha�l promp��y furn�sh to Lender�r�ce�p�s eviden��n�th�paymen�s.
<br /> Borrower shail promptly discharge any lien which has priority over�his Securz�y Instru�ment unless Borrower: �a}
<br /> a�ree� �n wr��in� t� �he payn�ent af�he obii�a�ion secur�d by the lie� in a manne� ac�eptable to Lender; ���
<br /> �ontests in ���d faith ��e ��en by, or defends a�ainst enforcement of the �ien in, le�ai proceedin�s wh�ch in the
<br /> Lender's �pznion �perate t� preven� the enfo�rce�nent of the Iien; or �c� secures f�om �he holder of�he Iien an
<br /> agree�ment satisfactory ta Lender sub�rdinat�n��he I�en to�his Securi�y Instrumen�. If Lender de�ermines�ha� any
<br /> pa�-t of�he Property is subject t� a li�n which may atta�n priority o��r �his Security Instrumen�, Lender may �i�e
<br /> Borrower a notice identifyin��he lien. Sorrower shall satisfy the Iien or take one or mo�-� of the actions set for�h
<br /> abfl�e v��thtn 1�days of�he g�v�ng af no�ice.
<br /> Hazard or Property �nsurar�ce. Borrower shal�keep�he impro�ements now existin� or hereafter er�cted �n �h�
<br /> Pr�per�y �nsured a�ainst�ass by fre,ha�ards included v�ith�n�he term "extended cavera�e" and any ather hazards,
<br /> XI7.CILldln� f�oods ar floodin�, for vWh�ch Lender r�quires insurance. Thrs insurance shal� b� ma�n�ain�d in the
<br /> arnaunts and far the peri�ds tha� Lender requ�res. The insurance car�ie�-pr�vid�n�the insurance shall be chosen by
<br /> Borrow�r sub�ect ta Lender's appro�a� v�hzch sha�l na� be unreasanably w��hheld. �f Borrower fa�ls tfl n�a�ntain
<br /> covera�e described above, Lender may, at Lender`s opt�on, obtain co�era�e t� protec� Lender's ri�h�s in �he
<br /> Pr�perty i_n accordance w�th sec�ion titled Protectiion o�Lender's R�gh�s in�he Property.
<br /> A�� insurance polic�es and renewals shal� be acceptable to Lender and shall inc lude a s�andard mart�a�e c�ause.
<br /> Lender shal� �.a�e�he ri�ht to hold�he palicies and renewa�s. If L�nder requi.res, B�rrower sha�l pr�mp�ly �iv�t�
<br /> Lender a�� receipts of paid premium�s and renewal na��ces. In the even�nf loss, Borrower shali �ive p�ompt natice
<br /> ��the insurance carrier and Lender. Lende�may make pra�f�f Ioss if no�made promp�Iy by Borrower.
<br /> t�nl�ss Lender and Borrower o�herwise a�ree in �ri�in�, insurance proceeds shail be applied �o restorat�on or
<br /> repair of t�e Proper�y dama�ed, if, in Lender's so�� d�scre�ion, the rest�ration nr repaxr is ecanomically feasible
<br /> and Lender's secur��y is not X�sse�ed. �f, in Lender's sol� dfscre�ion, �he res�oration ar r�pa�r �s not economi�a�ly
<br /> f�asible or Lend�r's security wauld be Iessened,�he�nsurance prnc�eds sha�l be app�ied���he su�r�s secured by�his
<br /> Security Instrument, whether or nnt th�n due, �vi�h any excess paid to Borravver. If Bflrrnwer abandor�s �he
<br /> Pr�pe�-ty, or does not answer wxthin the number of days prescribed by Applicab�e Law as set for�h xn a not�ce from
<br /> Lender�o Borrower that the insurance carrier has offered to sett�e a claim, �hen Lender may co�lect th� i�suraflce
<br /> proceeds. Lender nlay u.se the proceeds to repa�r ar r�store �he Prflpe�rty o� �� pay sums secured by this Security
<br /> �ns�rument,whe�her or nn�then due. The pe�iod�ftxme for B�rrower�o answer as set fo�-th in the notice wiil be��n
<br /> when the n�t�ce is�iven.
<br /> Uniess Lender and Borrawer ntherw�s� a�ree in vvr��ing, any app�i�a��on of prac�eds to principal sha�l not extend
<br /> or postp�ne the due da�e of�he paymen�s due u�der the �ontract or char��e the amount of the paymen�s. Zf under
<br /> the sec�xon titl�d A�ceieration; Remed�es, �he Praperty �s acquired by Lender, Borrov�er's ri�ht to any insurance
<br /> palic�es and proceeds �resu�tin� from dama�e to the Prapetrty priar �a �h� a�quisition sha�1 pass �o Lender �� �he
<br /> extent of�he sums secured by this Security�nstrumen�im�ned�ateiy pr�ar�o the acquisiti�n.
<br /> Preserva�xon, N�a�n.tenance �nd Protec��on of �he Property; Borrower's Luan Application; Leaseh��ds.
<br /> Barrovver sha�1 n�t destroy, damage �r�mpair�he Proper�y, alIorn�the Praperry to de�er�ara�e, �r coznmi�waste on
<br /> �he Proper�y. Borrower sha11 be in defaul�if any forfeiture a�t�on�r proceedzn�,whether ci�il or crimina�, is begun
<br /> �hat �n Lend�r's gaod faith jud�ment cou�d resui� in forfeiture of�he Pr�perry or otherw�se ma�eria�ly impa�r the
<br /> lien crea�ed by this Securi�y Instrument �r Lender's security in�erest. Borrower may cure such a default and
<br /> re�nstate, as provided in sec�ion t�t�ed Barrower's Rzght �a Reinsta�e, by causrn��he action or pr-oceedin��� be
<br /> dismissed vvi�h a rulin�that, �n Lender's�o�d faith determinatian,pr�c�udes forfei�ure of the Barrower's in�erest �n
<br /> the Property or other material impairment of the ��en crea�ed �y this Securi�y �ns�rument ar Lender's secur�ty
<br /> �nteres�. Borrower shall also be in defau��if Borrower,durin�the �aan appl ica�ian process,gave z-nate�ially fa�se ar
<br /> inaccura�e infor�natzan or �tatenlen�s �o Lende� �or fa�led to proWide Lender with any mater�al informatian} �n
<br /> conr�ection vvi�h �he loan e�iden�ed by �he �fln�ract. If th�s Se�uri�y Ins�rument is on a leaseho�d, Bor�awer shail
<br /> comply with alI the pro�isions of�he lease. If Borrower a�quires fee title�o the Prapetrty, the �easeho�d and the fee
<br /> ti�le s�al�not mer�e unl�ss Lender a�re�s to�he mer�er in wri�in�.
<br /> Pr�t�c��on af Lender's Ri�h�s in the Property. If Bflrrov�er fa��s ta perform �he ca�enanfis and a�reemen�s
<br /> cantained in�h�s Securi�y In�trument, o�r�he�-e is a le�a� pr��eed�n��ha�may si�nifi�antly affect Lender's r��hts in
<br /> �he ProperCy �such as a proceeding in ban.kruptcy, pr�ba�e, for cond��nnation or forfei�ure or to enfor�e la�vs or
<br /> r��ulat�ons�, �hen Lender may dQ and pay for whatev�r is necessary to pr�t�ct the �alue �f the Proper�y and
<br /> Lender's ri�hts in the Property. Lender's actians may �nclude payin�any sums secu�ed by a lien which has priori�y
<br /> o�er th�s Secur��y �nstrument, appearinb in �our�, payin�reasonab�e attarneys'fees and enterin�on �he Praperty to
<br /> make repa�rs. Although Lender may take action under tY��s se�ti�n, Lender does not ha��ta do so.
<br /> Any amoun�s disbursed by L�nder under th�s sectian shal� bec�me addi��onal deb� of Bo�•rower s�cured by �his
<br /> Secu�-ity Ins�ru�men�. Unless Barrower and Lender a�ree �o other terms af payment, these amounts shail bear
<br /> �ri�erest fro�n the date of disbursement at the same ra�e assessed on advances under the Con�ract and sha�1 be
<br /> payable,wi�h �n�eres�, upon no��ce from Lender�o Ba�rawer requestin�payment.
<br /> Q 2�d4-2Q 13 CoFt�p3iance Systems,Ir�c.8EB3-5C�2-2�13L?.�,E 1,712
<br /> Cans�sn�er Rea�Estate-Security[nstrunient DL?03G Pa�e?of 5 �vww.ca��plia��cesystems.coFi}
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