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��14�3571
<br /> Pa�men�af Prin�ipa�and Interest; �ther Ch�rges.Borr�wer shaI� promp�ly pay when due the principal of and
<br /> �nteres�on�he deb�awed under th�Con�ract and�ate charg�s or any a�her fees and char�es due under the�ontrac�.
<br /> Appiicab�e Law. As used in �his Securi�y �ns�rumenfi, the �erm "App�icab�e Lav�" shal� mean all c��ztrollin�
<br /> applicabl� federal, s�ate and local sta�tutes, regulations, flrdinances and adminzstrativ� rules and arders �that haWe
<br /> the eff�ct of law�as�ve�l as a��applicab�e fnal,non-appealable�udicial opini�ns.
<br /> �harges; L�ens. Borrower shal� pay a�I taxes, assessments, charg�s, fines and impasitians attr�bu�a�le �o �he
<br /> Praperry which may at�ain pr�arity over�his Sec�r�ty �ns�rumen�, and l�aseho�d paym�n�s or ground rents, if any.
<br /> At th�request af Le�der, Borrower shali prom�ptly furnish to Lender receipt�ev�dencin��he payments.
<br /> B�rrflwer sha�i prom�.p�ly dischar�e any Iien v�h�ch has pri�ri�y o�er�his Security Ins�rumen� un�ess Barrower: �a�
<br /> a�rees �n vvr�tinb t� the pay�nent of�he obli�ation secured by �he 1 ien in a manner accep�able �o Lender; �b�
<br /> contests �n �ood faith the �ien by, or defends a�ains� enfarcemen� of the l�en in, Iegal proceedings which �n �he
<br /> Lender's opinion op�rat� �o pre�en� the enforcement �f�he ��en; ar �c� secures fram �he h�lder of the lien an
<br /> a�r�eme�t sat�sfact�ry to Lender subardi.na�in�th� �ien to this Securi�y �nstrum�nt. If Lend�r determines�ha� any
<br /> part of�he Prap�r�y is sub�ect�o a l�en which may a�tain priority over �his Security Instrurnen�, Lender may �ive
<br /> Borrower a z�Qtice �dentifying th� lien. Borro�nrer shall sa�isfy the l�en �r take ane or mare flf�he act�ons set forth
<br /> abfl�e vv�thir� 14 days of�he�iv�ng of na�ice.
<br /> Ha�ard �r Property Insurar�ce. Bflrrov�er shall �eep the i�npro�ements nflw exis��n� ar hereafter erec�ed on the
<br /> Prap�r�y insured a�ainst l�ss by fre, hazards in�iuded w��hin the ter��n "�xtended coverage" and any other hazards,
<br /> inc�udi.n� floods or floadin�, for which Lender requ�res insuran��. ThYs insurance sha�l be main�ained in t�e
<br /> amoun�s and for�he periods tha�Lend�r requ�res. The insurance carriez-pra�id�n�the insurance shal� be ch�sen by
<br /> Barrflwer sub�e�t t� Lend�r's appro�al which sh.a�l no� be unreas�nably w��hh�ld. �f Borrower fails to main�ain
<br /> co�era�e descr7�ed above, Lender may, a� Le�der's �ption, abtain co�era�e ta pro��ct Lender's ri�h�s �n the
<br /> Proper�y�n accardance with secti�n ti��ed P�-o�ec�ion.o�'Lender's Ribh�s�n �he Property.
<br /> A�� insuranc� p�licies and renewals shall be acc�ptable to Lender and sha�1 inc�ude a s�andard ��nor��a�e clause.
<br /> Lender shai� ha�e �he r��h��n h�ld the polie��s and renewa�s. If Lender requires, Barrovver shall pro�np�ly�i�e to
<br /> Lender al� receipts �f paid premiums and renewal nntices. In the e�ent af�oss, Bor�ovv��shall ���e promp�n�ti��
<br /> to the insurance carrier and Lender. Lender rnay make pro�f of�ass if not made promptly by Barrov�er.
<br /> Unless Lender and Borrawer otherw�se agree in wr�t�n�, insu�ance proc�eds shal� be applied �o restora�ion or
<br /> repazr of�he Proper�y dama�ed, if, �.n Lender's �a�e discret�an, the restorati�n �r r�pai.r is ec�namically f�asible
<br /> and Lender's secur��}� zs not Iessened. If, in Lender's so�e discret�on, the restnration or repair is not econ�m�ca�Iy �
<br /> feasi�b��or Lender's securi�w�u�d be lessened,��he �nsurance proceeds sha�1 be applied�a the sums secured by�hzs
<br /> Securi�y Instrument, whether �r no� then due, w��h any excess paid ta Barraw�r. If Borr�wer abandans t�e
<br /> Property,or does no�answer within the number of days prescrib�d by App�icab�e Law as set fo�-�h in a no�ice framE
<br /> Lender to �arrov��r�hat�he insurance carr�er has offered�o settle a claim, then Lend�r may co�lect�he insurance
<br /> proceeds. Lender may use �h� proceeds �a repa�r or restore the Properry or to pay sums secured by this Security
<br /> Ins�rumen�,whether�r no�then due. The per��d af�ime for Borrow�r to answer as set fnr-�h in the notice wxli be��n
<br /> when the n�tzce is bx��en.
<br /> Unless Lender and Borrov�er o�he�-vvise a�ree �n�vrit�rng, any appiication of proceeds �o principaI shal� no� extend
<br /> or p�s�pane�he due date of the payments due under the �antract flr chan�e the amaunt of the payments. If under
<br /> the sect�on ��t�ed�C�e�erat�on; Remedies, �he Proper�y is acquzred by Lender, Borrower's ri�h��o any insurance
<br /> po�ic�es and proceeds resultm� from danla�e t� the Property prior to �he a�qu�sition shall pass �o Lender �o �he
<br /> extent of the sums secured by�h�s Secur�ty Ins�rument in�med�ate�y prx�r�o�he acquis����n.
<br /> Preser�a�ion, Ma�nt�nance and Proteeti�n of the Proper�y; BQrrovver's Loan Applic�txon; Leasehoids.
<br /> B�r�-ower sha1� not destroy, dama�� or impair�he Property, allow the Proper�y to de�er�ara�e, or com.m��waste on
<br /> the Property. Borra�v�r shall be�n defau��if any forfeiture acti�n ar praceedin�,whether c��i�ar crim�nal, �s begun
<br /> tha� �n Lender's gaod faith jud�ment �ou�d r�sult in farfeiture of the Properry or otherwise material�y �mpair�he
<br /> lien crea�ed b� this Secur��y �nstrun�ent or Lender`s secur�ty in�erest. Borrov�er may cure such a defaul� and
<br /> rex�s�ate, as pra��ded �n section t�t�ed Barraw�r's Right to Reins�ate, by causing the ac�zox� or proceeding to be
<br /> dism�ssed w��h a ru�xn��hat, in Lende�r's�ood f.ai�h determinat��n, precludes forfeitu�e of the Borrower's interest in
<br /> the Property or other ma�eria� �m.pairn�en� of the �ien created by this Security Instrumen� or Lender's security
<br /> �nterest. Sorrower sha�� aiso�e �n defau�t if Borrower,dur�n��he �flan app�icat�on pracess,ga�e materially fa�se ar
<br /> xnaccura�� information or s�atemen�s to Lender ��r failed �a pro�ide Lepder with any material �nformation} in
<br /> �onnection w�th the 1�an ��idenced by�he �antract. If�h�s Security Instrument is on a IeasehoId, Borrower sha�l
<br /> comp�y w�th aIl the provisions of the lease. If Borrower acquires fee�itle to�he Property,the leaseho�d and the fee
<br /> ti�1e sha�I not mer�e un�ess Lend�r agrees to�he m�r�er in wri�Yng.
<br /> Pr�tection of Lend�r's R�ghts in the Property. �f B�rro�rer fa�is tfl perform th� co�enants and agreements
<br /> con�ained in this Security �nstrumen�, nr there is a le�al prac�ed'zn�t�at may si�nificantly affect L�nder's ri�h�s �n
<br /> the Pro�erty (su�h as a proceed�ng in bankrup�cy, praba�e, for condeinnation or forfex�ure or to enfarce iaws �r
<br /> r��ulatzons�, �h�n Lender may do and pay for v�hatever �s �xecessary �o pro�e�t �he �a�ue of the Praper�y and
<br /> Lender's righ�s in�he Property. Lender's actions n�ay inc�ude pay�ng any sums secured by a Iien wh�ch has prior��y
<br /> aver th�s Securzty�nstrument, appearzn�in couz�,pa�ing reasonab�e at�orneys'fees and enterin�on the Pr�p�r�to
<br /> make repa�rs.A�thou�h Lender may take action u�zder�h�s section, Lender does na�ha�e to do so.
<br /> An}� amounts disbursed by Lender under this section shai� becflme add����nal debt of Borrower s�cured by this
<br /> S�cur�ty �nstrumen�. Unless Borrower and Lender a�ree �o other terms nf payment, these amaunts sha�� bear
<br /> �2�44-20I3 Cam�liance Systems,inc.9F9d-1�9C-2013L2.0.721
<br /> Consumer Real Estate-Security�nstrur�ent DL243G Pa�e 2 af 5 www.�a�rtpliar�cesystems.cam
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