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��14�3459 <br /> App��cation �f pa�rxients. Unless Applicab�e La�vv pro�ides a�hervsrise, al�payments re�e��ed by Lender sha�1 be <br /> app�ied: first, to an�prepa�ment�harges due under�the N�te; sec�nd, t� ir�teres� due; th�rd, ��principa� due; and <br /> �as�,���ny la�e charges due under the Note. <br /> Charg��; Li�n�. Borrower s�al� pay all ta�es, �.ssess�r�.ents, �harges, fin�s and impos��ions attr-ibutab�e t❑ �he <br /> Pro�ert�which�may a�tain pr�or�ty��er this Security�nstrurnent, and leasehold paymen�s ❑r ground ren�s, �f any. <br /> Borr�w�r shall pay��ese ob�igations on time and direc��y t�the pers�n��ed paymen�. At the reques��f Lend�r, <br /> B�rr���r sha�1 pramp��y furn�sh to Lender rece�p�s evidenc�ng�he payments. <br /> �orr�w�r shall promp��y discharge any ��en�vh�ch has pri�r�ty over�his Securi�y�ns�.run�en�unless Borrower: �a� <br /> agrees €n wr���ng to �he payment of the obligation secured by the l�en in a m.anner a�cepta��e ta Lender; �b} <br /> con�ests i�a ga�d fa��h ��e 1�en by, or defends aga�nst enf�rcemen� of�he �ien in, �egal proceedings which �n �he <br /> Lender's opu�i�n opera�e �o pr�vent �he enf4rcemen� �f the lien; ar ��} se�u.res frvm. the halder of the lien an <br /> agreemen�satisfac�ory to Lender subord�nating the 1�en to�his Sec�ar�ty Instrurnent. If Lender determines that any <br /> part of�he Praperty �s su�jec��ta a �ien v`rhich may attain pr�ority aver�his Secur��y Instrument, L�nder may g�ve <br /> Borr�v��r a notice identifying the lien. Borrower sha�l satisfy�he lien ar�ake ane �r rnore of the actions se�forth <br /> abv�e v�r�thrn �D days of�he gi��ng�f natice. <br /> Ha�ard �r Pr�perty Insurance. Borrovver sha�l keep the �znpr��ements n��v exis��n�or hereafter erec��d on�he <br /> Propert�insured agaznst�oss�y fire,hazards in�luded w�thin the te�n"ex�ended c���rage" and any other hazards, <br /> in��uding f�o�ds or flaoding, for wh�ch L�nder requires insurance. Th�s insurance sha�l be maintained in �he <br /> amaun��and for the periods that Lender requ�res. The i�surance carrier pr��vidira.g the insurance shal�be�hosen by <br /> B�rrovv�r subj ec� tv Lender's appra�a� �h�ch sha�1 not be unreasonably vvithheld. �f Borrov�er fails ta mainta�n <br /> �ov�rage described ab��e, Lender may, a� Lender's op�z�n, flb�ain c��erage �� prote�t Lender's rights in the <br /> Pro�er�in acc�rdan�e w�th section t��led Protectian of Lend�r's R�ghtS in the Property. <br /> A�1 insurance po�icies ar�d rer�ev�als sha11 be accep�able to Lender and sha�l include a standard nzortgage �Iause. <br /> Lender sha�l have�h�right�a hold the po�icies and renewa�s. If Lender requires, Borrovver sha1�prflmp��y g�ve�o <br /> Lender a�X receip�s a�pa�d premiums and renewal notices. �n�he e�rent�f�oss, Borrower sha�l gi�e p�ompt nfl�xce <br /> ta the insurance carrier and Lender.Lender may make prvof af loss if n�t nnade pr�mp�ly by B�rro�ver. <br /> Unless Lender and Barrawver fltherw�se agree �n wr��ing, insuran�e praceeds sha�l be app�ied �� restoration or <br /> repair of�he Propert� da�naged, �f, in Lender`s s��e discre���n, the restora�ion or repair is econom�cally feasib�e <br /> and Lender's securi�y �s no� �ess�ned. �f, in Lender's s��e d�s�re�io�, �he restoration or repair is �ot �c�nomica�ly <br /> feasibie or Lender's security�vo�ld be lessened,the insuran�e proceeds sha��be applied to the sums secured l�y�his <br /> Securi�y �nstrumen�, v�rhe�her or n�t �hen due, �vith ar�y ex�ess paid to Borrawer. �f Barr�wer abandans �he <br /> Pro�er�y,or does no�ansv�er within the num�er o�days prescribed by Appl�cable L�av�as set f�rth in a notice from <br /> Ler�der�a Borr�wer�ha��he insurance�arrier has affered�� se�t�e a cla��n,then Lender may col�e���he insurance <br /> pro�eeds. Le�der ma�use the proceeds �o repair or res�ore �he Pr�perty �r�fl pay su�ns secured by this S�curity <br /> �nstrum�nt,whether�r nat then due.The peri�d of�ime for BQrrower ta ansvver as set for�h in�he no��ce vvil�begua. <br /> when the no��ce is gi�en. <br /> Un�ess Lender and B�rrovver o�herwis� agree in writ�ng} any app�i�a�i�n��proceeds t�principa� sha�1 no�extend <br /> �r p�stpone �he due da�e nf�he payments referred to Yn the se���on t��ied Payment of Prin�ipai and Int�rest; <br /> PrQpayment and LatQ Char.g�s nr change the amouri�of the paymen�s. �f under the sect�on���led Acceleration; <br /> RQmed�es, the Property �s acqu�red by Lender, �orrower's righ��o an� insurance policies and proceeds resu���ng <br /> from dama�e to�he�rvper�y prior to the acqu�s���o�sha11 pass��Lender���he ex�ent of�he sums secured by this <br /> Security Znstrurnent�mmed�a�ely prior��the a�quisi�ion. � <br /> Pre�er�at�nr�, Maintenance and Protec��on vf the Praperty; Borrower{s Loar� Application; Leasehold5. <br /> B�rrow�r�h�.�l not des�roy, darnage or impair�he Property, a��ow the Frap�r�y�o de��rinrate, �r��mm.��waste on <br /> the Prop�rCy.Barro�rer shall be in defaul�if any farfei#ure ac���n ar prace�din�,vvhether ci�il or crimina�,is begun <br /> �hat in Lender's gvad faith judg�nent cflul�.resu�� �n forfe�ture �f the Prop�rty or o�herwise mater�a�ly ��npair the <br /> 1�en created by �his Securi�y Instrument �r Lender's s�cur�ty int�rest. �3orro�ver n�ay cure such a default and <br /> reir�sta�e, as pr���ded in secti��n titled Borrovver'S Right to R.e�nstate, by causing�he a�ti�n or proceeding��be <br /> dism�ssed vv��h a rul�ng�hat,��Lender's go�d fai�h determina�ivn,precludes f�rfe��ure_�f the Borrawer's interes��n <br /> �he Property �r o�her mater�al �mpairment �f th� �ien crea�ed by th�s Security Instrument or Lender's secur�ty <br /> in�eres�.Borrower shalX also be in defau��if Borr�v�er,during�he l�an app�ication pr�cess,ga�e materza�ly fa�se or <br /> �na��urate inf�rmation �r statemen�s �� Le�der �or fa��ed �o pr�v�de Lender v�i�h an� materxal informati�n� in <br /> c�nnec�ion wi�h �he loan e�idenced by �he Na�e. �f this Security �nstrumen� is an a leasehald, Bflrr�v�er sha�l <br /> comply vvith a�l the pr��isions�f the l�ase. �f Borrov�er acquires fe�t�t��t��he Praper�,�he leaseho�d and�he fee <br /> title sha�l n�t merge un�ess Lend�r agrees to the merger in writing. <br /> Pr�tec�i�n �f Lend�r�s Rights �n the Property. �f Borr�wer fails ta perform �he cov�nants and agreements <br /> con�ained in th�s Securi�y�ns�trumen�, or�here is a�egal prflc�eding tha�may significan���affec�Lender's righ�s�n <br /> �he Pr�perty �such as a praceed�ng in l�anl�rup�cy, probate, for condenu�ation or forfe�ture �r to enf�rce �av�rs ar <br /> regu�at�ans}, then Lender may d� and pay for v�hate�er is n�cessary tn pro�ect �he value af the Pr�per�y and <br /> Lender's r�gh�s�n th�Pr�perty.Lerider{s a�tions may inc�ud�paying any sums se�ured by a lien wh�ch has pr�ority <br /> over this S�curit��nstrumen�, appearing in c�urt,pay�ng r�as�nable attorne�rs'fees and enter�ng on�he PrQper�y to <br /> make repa�rs.A�thfl�gh Lender xnay tal�e a��io�under this se��ion,Lender does not have t�do so. <br /> Any amoun�s disbursed b� Lender under this s�c��on sha�l be�o�� addit�onal deb� of Borrflwer secured by this <br /> Security Inst�u.men�. Uniess B�rrower and Lender agree �o other terms of paymen�, �hese amQunts sha1� bear <br /> C�2��4-2413 Campliance Systems,Inc.9F9d-AC79-2�13L2,�.721 <br /> Cansumer Real Estate-Security In�tc-�.iment DL2�36 Pa�e 2 af 5 www,campliancesystems.Gvrn <br />