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��14��531 <br /> A �i�able Law. As used in this Secur�ty Ins�rument, the �erm "Applicab�� Law" shal� mean alI c�ntrall�n� <br /> pP . <br /> a licabl� federal, state and lacal s�a�u�es, re�uia�ians, ord�nan�es and admin�strative rules and arders �that have <br /> p� . <br /> the effect of�aw}as well as all appl�cab�e f�nal,non-appea�able�ud�c�al opinions. <br /> Char es; Liens. Borrovver shall pay a�l taxes, assessments, char�es, fines and imp�si�ions attributab�e to the <br /> � <br /> Prfl erty wh�ch ma� at�ain priarity over�his Security �ns�rume��, and leasehold payments o�r�round rents, if any. <br /> p <br /> A�the reauest of Lender, Bar�Qwer shali pramptl�furnish to Lender recelpts e��denc�n�the paymen�s. <br /> B�rrower shai� promp�Iy d�scharge any lien which has pr�or��y o�er this Security �ns�rumen� uniess Borrower: �a} <br /> a�rees in writin� to the paymen� af the obli�a��an secu�-ed by the Iien ln a manner a�ceptable �o Lender; �b} <br /> contests in bood fa��h the �xen by} ar defends against �nf�r�emen� of the l�en tn, �e�al proceedin�s wh�ch in the <br /> Lender's op�ni�n operat� �o pre��nt �he enforc�ment of the �ien; or �c� secures fr�m �he holder of the I�en an <br /> a�reemen�satisfact�ry to Lender subflrd�na��n�the lien ta�his Security �nstrumen�. �f Lender de�erm�nes �hat any <br /> p <br /> art of the Praperty is subject ta a �ien whi�h ma� attain priori�y o�er thls Security Ins�rumen�, Lender rnay �i�e <br /> Barrawer a not�ce �den��fyin�the ii�n. Barrow�� shall satisfy the �ien ar ta��e one ar more of the acti�ns set for�h <br /> above wi�hin �D days af�he����n�of n��ice. <br /> ert lnsurance. Borrnwer shall k�e �he impro�ements naw existin� ar hereafter e�-ected on the <br /> Hazard or Prop y � <br /> Proper�y �nsured against loss by fire,hazards �ncluded vvi�hi.n the term "extended coverage" and any other hazards, <br /> . �nclud�n� floods or floading, far which Lender requ�res xnsurance. Thxs �nsurance shai� be mazntazned �n �he <br /> amoun�s and for the periads�hat Lender rec�uires. The xr�surance carr�ez�pro�xdin��he �nsurance shail b�chosen by <br /> Barrowe�r subjec� �� Lender's approvat wh��h sha�l no� �e unreasonably w��hheld. �f Sorro�ver fai�s to maintain <br /> co�era�e d�scribed aba�e, Lender may, at Lender°s op�i�n, abtain cavera�e �o protect Lender's r���ts in the <br /> Property in a�cordance with secti�n titled Prote�tian af Lender's Rights in �he Property. <br /> All insuranc� palic�es and renewals sha�l be a�ceptable to Lender and shall include a standard ��o�t�a�� clause. <br /> Lender sha11 ha�e the ri�ht t� h�ld �he pol�cies and r�newa�s. If Lender reQu�res, �orrower shal� prflmptly �i�e to <br /> Lender al� receipts of pa�d premiums and renewal natices. In�he e�ent af lass, Borrower shail �ive promp�n�tice <br /> to th� �nsurance car�rier and Lender. Lender may make proof af loss if no�made promptly by Barr�wer• <br /> Unless Lender and �orrower otherw�se a��re� in wri�in�. insurance proceeds shall be appli�d to xest�rati�n or <br /> repair of�he Properry damaged, if, �n Lender's sole d�s�re�i�n, �he resto�a�ior� or repair �s ec�nomica�ly feasibie <br /> and Lender's se�uri�y is not �essened. �f, in Lender's sale discr�tian, ��e res�oration ar repair is no� ecanomically <br /> feasib�e or Lender`s security wou�d be lessened,the�nsurance proceeds shai�be appli�d to th�sums secured by�his <br /> Security �nstrument, whe�her ar n�t then due, with any e�cess paid to Bo��-ower. If Borrower abandons �he <br /> Property, or does n�t answe�wi�hin��.�num�er af days prescribed by Applicab�e Law as set fo�h in a notice fram <br /> Lender�o Bor�-ower tha�the insurance �arr�er has offered ta set��e a cla�m,�hen L�nd�r may coli�ct�he insurance <br /> proce�ds. Lende�- nlay use the proceeds t� repair or �estore �he Proper�� or to pay sums secu�red by �his Se�urit� <br /> Instrument,vvhether ar no��hen due.The periad�f t���e for Borrower to answer as set forth in�he n�tice wil�be��n <br /> when the natice is����n. <br /> L]nless Lender and Barrower fl�h�rwise a�ree in vvri�ing, any appl�ca�ian af proceeds �o principai sha�l not extend <br /> or p�stpone�he due da�e of�he payments due under the Contra�t a� chan�e the amaunt of the �ay�nents. �f under <br /> the sec��on �i��ed.��c��eratxfln; Remedies, �he Praperty is acquired by Lender, B�rrow�r's r��ht to any insurance <br /> policies and pra�eeds resul�tinb frflm dama�e to the Proper�y prior to the acquisit�on shal� pass �o Lender �a the <br /> ex�ent of the sums secured by this Securi�y Ins�rument immediately prior to th�acqulsitian. <br /> Preser�ation, Ma�ntenance and Pr��Qet��� �f the Property; gorrower's Laan Appiication; L�aseholds. <br /> Barravver sha�l not destroy, da�na�e or xmpaxr�he Praper�y, ai�ovv the Praperty to deteriora�e, or c�rnmit�vaste on <br /> the Property. BflrravWer shali be zn defau��if any forfei�ure ac�ion or proceedin�,wheth�r c��il or crim�nal, is be�un <br /> �hat in Lender's �ood faith j ud�ment cou�d resul� in forfeiture af�he Property ar atherwise ma�eria��y i�npair �he <br /> lzen crea��d b �his Security �nstrurnrent or Lend�r's security interest. Borrow�r may cure such a default and <br /> Y <br /> reinstat�, as ro�id�d in section ti�ied Borro�v►�er's Righ� to Re�ns�ate, by caus�ng�he ac�i�n flr proceedin�ta be <br /> � . . <br /> dism�ssed with a rulin�that, in Lender`s�a�d faith determzna��on, precludes forfei�ure of�he Borrower's interest 1n <br /> th� Pro � or o�her material impairment of the �ien created by this Se�urity Ins�rument or Lender's s�curity <br /> p �Y <br /> in�eres�. Borrower shall a�so be in defau���f Borrower,durin��he loan appl�cation prflcess,�a�e material�y false o� <br /> inaccu�rate �nformatian �r s�atemen�s �� Lender �or failed t� pro�ide Lender w��h any material �nformatxon� in <br /> canne���on with the �oan e�idenced by �he Con�rac�. If�his S�curity Ins�rumen� �s on a leasehold, Bar�ower shall <br /> co�n 1 with all the rovisions of�he lease. If B�rr�wer acyui�res fee ti�le ta the Property,�he leaseh�ld and the fe� <br /> PY p <br /> title shai�no�mer�e un less Lender a�rees ta th�mer�er in writing. <br /> Pro�ectzon of Lender's Rxgh�s �n the Property. �f B�rrower fails to perform �he co�enants and a�reemen�s <br /> �ontained in this Secur�t Instrument, ar�here is a le�al proceedin�that may s��nifcan�ly affect Lender's rights in <br /> y <br /> the Pro e such as a roce�din� in bankrup�cy, probate, for cflndemnafiion �r forfei�ure or �o enforce lav�s flr <br /> p �Y � � <br /> re�ula�ions �hen Lender may da and pay for v�ha�e�er is ne�essary t� protec� �he value of�he Property and <br /> � f •�' ► 'n�an sums s�cured b a Iien which has priari�y <br /> Lender s rl�hts zn�he Prflperry. Lend�r s ac��nns may �nclude pay� � y Y <br /> ��er this Securi�y Instrument, appear�ng in caur�, payin�reasonable at�orneys'fees and enter�n�on�he Pr�perty�o <br /> make re airs. Althou�h Lender may take action under this secti�n, Lender does no�hav�to do sfl. <br /> P <br /> An amounts disbursed b Lender under �his section sha�� become addi�i�nal debt Qf Borraw�r secured by this <br /> Y �' <br /> Se�uri Ix�strument. Unless Borrovver and Lender a��ee to o�her �erms of payment, these amoun�s shal� b�ar <br /> � <br /> interes� fram �he da�e of disbursemen� at the same rate assessed on advances under �he Con�ract �.nd sha�l be <br /> payable,���h inter�s�,up�n natice from Lender to�orrower reques�in�paymen�. <br /> �Q 20fl4-2013 Camp[iance Syste�ns,Inc.8EB3-9FSf�-2Q13L2.4.E1.7i2 www.cQmp��an�esystetns.cv�-i <br /> Cor�sumer Real Estate-Security instrument DL203G i'a�e 2 af 5 <br />