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<br /> Applicable Law. As used in �his Security Instrumen�, the �erm "Applical��e Law" shall mean a�� cantrol�ing
<br /> appl�cable federal, s�a�e and 1oca1 statu�es, regula�i�ns, �rdina�aces and administrative�u�es and flrders ��ha�ha�e
<br /> �he effect of Iav�r�as�ve�1 as all appli�ab�e fnal,non-appea�a�le judx��al ap�n�ons.
<br /> Charges; Liens. Borrower shal� pay �1� �axes, assessmen�s, charges, fines and impositi�ns attribu�able ta the
<br /> Property�hich rnay atta�n prior�ty over this Secur��y �nstrumen�, a�1d�easeh�ld paym�n�s or gr�und rents, if any.
<br /> A��he reques�of Lender,Bor���er shal�pr�mptly furnish ta Lender r�ceipts evidencing the payments.
<br /> Borrower shall promptly discharge any �ien vvh�ch has pr�ority ove���his Se�urity�nstrument un�ess S�rrower: �a�
<br /> agrees in writing t� the paymen� of the ab�iga�ian s�cured by �he lien �n a manner accep�a�l� �� Lender; (b}
<br /> con�es�s in gaod fa��h the �ien by, or defends agains�t enf�rcelnen� �f�he lien in, �ega1 pr�ceedings whi�h �n the
<br /> Lender's opin�on operate ta prevent the enforcement af�he I�en; ar �c� secures from �he h�lder af the lien an
<br /> agreemerit sa��sfactory to Lender subardina�ing the lien to th�s Se�urifiy Instrument. �f Lender de�ermines�hat any
<br /> part af the Property is subjec�t to a l�en which may atta�n priarity c��er this Secur�ty �nstrumen�, Lender may give
<br /> Borro�ver a nat�ce iden�ifying�he lien. Borrower sha11 sa��sfy�he ��en�r�ake on� or m�re of�he a���ons se� for�h
<br /> abov�vv�th�n 1 D days of the gi�ing of not��e.
<br /> Hazard ar Pr�p�rty Insurance. Borrawer sha�1 k�ep�he impra�re�nents now ex�s��ng or her�after erected on the
<br /> Pr�per�y�nsured against l�ss by fire,ha�ards�n��uded v�i�h�n�he term"ex�cended c�verage" and any o�her hazards,
<br /> �nclud�ng f�oods or flooding, for wh��h Lender requires �nsurance. This insurance shal� be mainta�ned in �he
<br /> amoun�s and far the periods that Lende�-re�uires. The insuranc�carr�er providing�he insuran�e shal�be�h�sen by
<br /> Borrov�er sub�ect to Lender's approval wh��h sha1� n�� be unreasanably vvithhe�d. �f B�rrov�er fails t� ma�n�ain
<br /> covera�e described abo�e, Lender m�y, a� Lender's op�ian, �btain co�erage �� pro�ect Lender's rights in the
<br /> Proper�y in a�cflrdance with section ti�l��Prot�ct�on o�Lender's�.ights in the Praperty.
<br /> A�l �nsurance po�icies and ren�vvals sh�l� be accep�ab�e �o Lender and shal� �nclude a standard martgage clause.
<br /> Lender sha�l have the r�gh�tQ hold the�ol�cies and rene�a�s. �f Le�der requ�res,Borrovver sha1�promptly give�o
<br /> Lender al�receip�s�f paid pr�emiums aY�d ren�wal notices. �ri�he e�ent of loss, Borrovver shall give prompt not�ce
<br /> ���he insurance carrier and Lender.Ler�der xna�make proof of loss if no�made promp�ly by Borrawer.
<br /> Unless Lender ancl Borrower a�herwise agree in �vri��ng, �nsuran�e proceeds shall be app�ied to res�ora�ion �r
<br /> repair of the Property damaged, if, �n :Lender's sale discretion, the res��ration or repair is ec�nomica�ly feas�ble
<br /> and Lender's security is not ��ssened. �f, �n Lender's sole discret��n, the res�orat�on or repa�r�s not �c�nomical�y
<br /> feasible�r Lender's secur�ty v�ou�d he��ssened,�he z�asuranc��roce�ds sha�l be ap��ied t��he sums secured by this
<br /> S e�uri�y �nstrument, whether �r n�t t�en due, wi�h any e�cess �pa�d tv B arrower. �f B orr�wer abandons �he
<br /> Property,�r does not answer���hin�he number af days pres�ribed b�Applicable La�v�r as se�far�h in a notice frflm
<br /> Lender to Borrower�ha�the �nsuran�e �arrier has offered tQ settle � c�a�m,then Lender may col�ec��he insurance
<br /> pr�ceeds. Lender may use the pr��eed:��o repa�r or restore �he Propert� �r to pa� sums secured by th�s Securxty
<br /> �nstrumen�,v�he�her or na��hen due.The period�f�ime for Borrov��r to ansv�er as set f�r�h in�he no��ce will begin
<br /> �hen�he no��ce is given.
<br /> Unless Lender and Borrovver o�herwise agree �n writ�ng, any app�ica�ion�f proceeds��principal shall no�e�tend
<br /> or pfls�:pone�he due da�e �f�he payments due under�he Con�ra�t Qr change the amoun�of the paymen�s. �f under
<br /> � the section�it�ed Accel�rati�n; Remed��e5, the Prflperry is acquired by Lender, Bvrrovver's r�ght to an� �nsurance
<br /> po�iGies and pr�ceeds r�sul��ng fr�m d,�mage t� the �'roper�y pr�vr�� the acquis�tzon shal� pass to Lender t� the
<br /> extent of the sums secured by this Security Instrumen�immedia�ely�priar to the acqu�si��on.
<br /> Preser�at�on, Ma�ntenance� and Pr��Qc�i4n vf the Praperty; Borrower's Laan A�pl�cation; Leaseho�ds.
<br /> B�rra�v�r sha�l nat destroy, damage �r impair the Proper�y, a�lo�v the Prapert}��a deteri�rate, ar commit was�� �n
<br /> the ProperCy.B�rrotiver sha�1 be in defar�it�f an�forf��ture a��i�n or pr�ceed�ng,whether c�rrrl or�riminal,�s begun
<br /> that in Le�der's good fai�h j udgmen� cc3u�d result ir� fQrfe�ture of�he Proper�y �r vtherwise mater�a��y �mpair t�e
<br /> lien crea�ed by th�s �ecur�t� �nstrument or Lender's secur��y �nt�res�. Borrower may cure such a defau�� and
<br /> reinsta�e, as provided in sectian�i��ed Borrower'� Right to Reins�ate, by�aus�ng the actiun�r proceeding t�be
<br /> dismissed tivith a rul�g that, �n Lender's good faith de�erm�na�ivn,precludes forfeitur�af�he Barrav�er's�nteres��n
<br /> �he Prape�y or o�her ma�er�al impairrnaen� af the ��en created by �his Security �ns�rumen� �r Lender's se�uri�y
<br /> interes�.Barro�uer shal�a�so be in defa�lt if�orr�v�rer,durYng�he loan app��cat�on process,ga�e materia�ly fa�se�r
<br /> inaccura�e infarmation or st�.t�ments t� Lend�r ��r fa��ed �o pr��ride Lender wi�h any ma�er�al informat�on} �n
<br /> connection wi�h the loan e��denced b��he Contrac�. �f�hxs Security�nstrumen� is �n a leasehold, Borro�er shail
<br /> comply w�#h al�the pr��isions of the l�ase. �f Borrower acquires fee�it1e��the Property,the leaseh��d and the fee
<br /> title sha�l n��merge unless Lender agre�s tfl�he merger�n writing.
<br /> Pr�tectio� nf Lender's Rights �n th� Property. Yf B�rravver f�.�ls t� perf�rm the �a�enan�s and agreements
<br /> conta�ned in this Secur�fiy�nsi:rument, or there �s a�ega�pra�eeding tha�may signifcan��y affec�Lender's r�ghts in
<br /> �he Praper�y �such as a prviceeding �n iaankrup�cy, probate, for c�ndemna�ion or f�rfeiture or to enforce laws or
<br /> regu�a�ions�, �hen Lender may dv and pay fflr wha�e�er is neces�ary �o pr�te�� �he va�ue �f the Property and
<br /> L�nder's r�gh�s in the Pr�perfiy. Lender's ac��ons may include pay�ng any sunzs secured�by a I�en vvh�Ch has priori�y
<br /> over�h�s Securi�Instrumen�,appearin�i.n caurt,pay�ng reasonab��attorneys'fees and en�ering on�he Property to
<br /> mal�e repairs.A�thflugh Lender may�ak��action under this sec�i�n,Lender does n�t have to do sa.
<br /> Any amounts d�sbursed by Lender un�er �his secti�n sha1� becom� add��i�na1 deb� of Borrower secured by this
<br /> Security Instrument. Un�ess Borr�vver and Lend�r agree �o ��her t�rms of paymen�, these anZounts sha11 bear :
<br /> �nterest from �he date of dis�bursernent at the same ra�e assessed �n advarices under th� C�ni.rac� and shall be '
<br /> payab�e,�ith�nterest,upon no��ce frvn�a Lender�o�3orr�wer reques�:ing payment.
<br /> C�2��4-24I3�ompiiance Systems,In�.9F95-E7Ab-2�13L2.a.721
<br /> Consurr�er ReaI Estate-Security Instr�ement�7L2435 Page 2 of S www.compliancesystems.cam
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