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��14�3493 <br /> Appiic�ble Law. As used in th�s Security �nstr�ument, �he term "A�p�icable La�r' shal� mean all contro�l�ng <br /> applicable federa�, s�a�e and 1o�a� statu�es, regula�i�ns, �r��nances and admin�stra�ive ru�es and urders �that have <br /> �he effect�f Ia�)as v�e�l as a�t appl�cab�e f na1,n�nWappea�ab�e judicial�pinions. <br /> Charg�s; Li�ns. Borraw�r sha�� pay al� �a�es, �ssessmen�s, charges, fines and i.mpositions attribu�able to the <br /> Praper�y whi�h ma�at�ain pr�ori��ver�his S�curity �ns�rument, and �easeh�ld paym.en�s �r ground rents, xf any. <br /> At the r��uest of L�nc�er,Borrower sha11 pro�nptly furn�sh�o Lender rece�p�s ev�dencing�he paynzents. <br /> B�rr�w�r sha�l pr�mp���discharge an�li�n v�hich has pri ori�y��er th�s Securi��nstrument unless B arrower: �a} <br /> agrees �n wr���ng to �he pa�me�t of the �bligatian secured by �he l�en in a manner ac�eptable �� Lender; ��b} <br /> con�es�� in govd fait�.�he lien by, or defends against e�aforcement of�he l�en in, 1ega� �raceedings �vh�ch in �he <br /> Lender's apin�ori operate �o prevent the enfarcement of the �ien; ar �c� secures fr�m �he holder of�he ��en an <br /> agreexnent sat�sfac��r��o Len�er su�bordinatxng�he �i�n�fl th.is Security��strument. �f Lender de�ermines�hat any <br /> par�of�he Prvp�r� is sub�ec��fl a �ien�wh�ch may attain pr�arx�y ��er�his Security�nstruxnent, Lender may gi�e <br /> Borrow�r a n�tice iden�ify�ng�he 1ien. Borrower sha11 sa��sfy the �ien or�ake one or more of the act�ons set farth <br /> ab�ve v��thin ��days�f�he g���ng of no�ice. <br /> Hazard �r Property Insurance. Bflrrower sha�l keep the impravemen�s n�vv existin�or hereafter ere�ted on the <br /> Property�nsured aga�ns��ass by fire,hazards�ncluded vv��hin the�erm"ext�nded caverag�" and an�ather hazards, <br /> includiu�g floods ar f1�fld�ng, far which Lender requires uasurance. This �nsurance shail be �nain�ain�d �n the <br /> amount�and for�h�periads tha�L�nder requires.The insurance carrier providing the�nsuran�e shal��e�h�sen by <br /> B�rro�rer subjec� to Lender's approval v�h�ch shal� no� be unreasonably wi�hhe�d. If Borrow�r fails to main�ain <br /> c�verage described a�bove, L�nder may, at Lender's op�ion, obtain ca�erage �o pr��ec� Lender's righ�s in th� <br /> Proper�in a�cordance wi�h sec��ari ti��ed Pratect�on uf Lender'S l��ghts in the Property. <br /> A1� insurance p�l�ci�s and renewals sha�l �be accep�able to Lender and sha�l in��ude a standard mortgage c�ause. <br /> Lender sha1�ha�e�h�righ��a ho�d the po�ici�s and renewaXs. �f Lerrder requires, B�rrower shail promp��y give to <br /> Lender:al�receip�s of pa�d premiums and renev�a�nfltices. �n th� e�en�of�oss,Borr�wer sha�1 g�ve promp�n�tice <br /> to the insuran�e�arrier and Lender.Lender�ma�make proof�f Ioss�f not mad�pramptly by Borrovsrer. <br /> Unless Lend�r and ]Borrov�e� atherv�zse agree in wr�ting, insurance pr�ceeds shali be app�ied �o restorat�on ar <br /> repair�f�he Proper�y dan�.aged, �f, in Lender's s�le d�scre��on, the restara�ion or re�air is econ�m�ca�ly feasible <br /> and Lender's s��urity is not lessened. �f, in Lender's sole discre�ion, �he restaration or repair is no� econ�m��a�ly <br /> f�asible ar Lender's security wou�d be lessened,t�e insuran�e pr�ceeds shai�be app�ied�o�he sums secured by�his <br /> Securit� Instrumen�, whether or not �hen due, with any �xcess pa�d t� Borrawer. �f Eorrower abandflns �h� <br /> Pr�perty,�r does na�ansvver wi�h�n�he number�f days pres�ri�ed by Applicable Law as set f�r�h in a n�tice from <br /> Lender�� Barr�v�er that the insurance carrier has offered to settle a claim,then Lender may c��1ec��he insurance <br /> praceeds. Lender may use�he prviceeds to repair�r res�ore�he Pr�perfiy or to pay su�ns seCured by�his Se�urity <br /> Ins�runr�ent,vtrhe�h�r�r n�t then due.The period af�i�me f�r T3orr�wer to ans�er as se�:for�h in�he noti�e���1 beg�n <br /> when the notice is gi�ven. . <br /> Unless Lend�r and Borrower o�herwise agree in�vr��ing, any appl�ca��on�f praceeds�ta prin�ipa� sha�1 nat extend <br /> ar pastp�ne�he due date af th�payments due under the C�ntrac��r change the arnount�f�h�paymen�s. �f under <br /> the s�c�i�n�itled.A.c�eleration; Rem�dies, the Proper�y �s acquired by Lender, Borrovwer's righ�to any in�urance <br /> �olicies �.nd prv�eeds resul�ing fr�m damag� to the ProperCy prior to the acqu�s��i�n shall pass to Lender�� the <br /> e�ten�of�he sums se�ured��th�s Securi�y�nstrument irnmedia�ely prior tv the acquis���on. <br /> Pre�ervatian, Mair�tenance and Pratection a� the Property; Bnrravvert� Loan .A,.pp�icativn; Lea�eholds. <br /> Borr�wer sha�l na�des�roy, �amage or��mpair�he Pr�per€y, all�w�he Properfiy t�de�er�orate, ar camm��vvaste on <br /> the Prv�ert�.Borrav�rer shall be�n defau��if any fflrfe��ure a�txon�r praceeding,�rhe�her civ�l�r crimina�,is begun <br /> �ha� �n Lender's good faith judgment c�uld r�su�� in forfeiture of the Property or othe�-vv�se �mater�ally �mpair�he <br /> l�en create� by �hzs Secur��y �ns�rumen� ar L�nder's security in�erest. Borrflw�r n�ay �ure such a defaul� and <br /> reinsta�e, as pravided in secti�n�i���d Borrawer�5 R.ight �o Re�nstate, by causing�he ac�ion or pr�ce�ding�a be <br /> dis�.nissed vvx�h a ruling tha�, �n Lender's gaod faith de�ermination,.pre�Iudes forfeiture of the Borrower's in�eres��n <br /> the Pr�per�y or v�her ma�eria� rmpa�rment of�he ��eza created by �his S�curity Ins�rument or Lender's security <br /> in�eres�.Borrower sha��also be�n defau���f Ba�-ro�er,dur�ng�che 1�an app���ati�n process,gave ma�eria�ly false�r <br /> inaccurate i�.farmati�n or sta�emt.ents �o Le�der �or failed to pro�ide Lende�- with any ma�erial �nf�rmatian} �.ri <br /> connec���n v�ith the l�an e�idenced by the Co�n�ract. �f�h�s Secur�t� �nstrument is �ri a leasehold, B�rrower shall <br /> compl�vv��h a�l the provis�ons of the lease. If Borrov�er acquires fee�itl��o the Prflperty,�he l�aseh�ld and the fee <br /> �itle sha11 no�merge�nless Lender agrees�o�he merger in wri�ing. � <br /> Prv�ec�ian of LendQr's Rights in the Pr�pe�ty. �f Borrovver fails t❑ perform �he covenan�s and agreemen�s <br /> cantained�n this Security Ins�ru�n.eri�, or there is a legal proceeding that may signif Cant�y affect Lender's ri�;h�s in <br /> the Pr�p�rty �such as a proceeding �n bankrupt�y, pro�ate, f�r conde�nn�tian or forfei�ure or�� enforce �aws ar <br /> regula��ons�, �hen L�nder may do and pay for �vhatever is necessary �� pro�ec� the value of�he Property and <br /> Lender's r�gh�s in�he ProperCy.Lender's ac��on�r�ay inc�ude paying any sums secu.red by a Iien which has priority <br /> a�er th�s Secur�ty�n�trumen�,appear�ng�n cour�,paying reasanabl�att�rneys'fees and entering�n the Property ta <br /> rnake repa�rs.AXthflugh Lender may take actian u�der�his section,Lender does n�t have�o d�so. <br /> Any aar�oun�s disbursed by Lend�r under th�s s�c�ian sha�1 �ecome addi�ional de�b� of Borr�v�er se�ured by this <br /> Secur�ty Instrumen�. Unless Borr�wer and Lender agre� �o other �erms af paymen�, these amaun�s sha�l bear <br /> in�eres� fr�n� the date �f d�sbursemen� a� the same ra�e assess�d �n ad�anc�s under the C�ntract and sha�1 be <br /> payable,�vzth�n��res�,upon na�ice fram Lender t�Barro�v`rer rec�ues�rng payment. <br /> Q 2004-2013 Camptiance 5ystems,�nc.9F96-O�A7-2Q13L2.4.�'�1 <br /> Cansumer Rea�Estate-Sec�rity Znstnam�nt DL2❑36 Page 2 of 5 www.carnp�ia�cesys�ems.Gvrci <br />