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��14��3�1
<br /> Paymen�of Principal and Interest; C]�her C�harges.B�rrower shal�pramp�ly pay when due the principal of and
<br /> in�erest on�he debt owed under the�antrac�and 1a�e char�es or any��her fees and charges due under th���ntract.
<br /> App��cab�e L�w. As used in �h�s Security Ins�rument, �he �erm "Applicable Law" sha�i n��an all �on�rolling
<br /> �ppl�cable federa�, sta�e and �aca� statutes, regula��ans, ordinan�es and adm�nistra�i�e rules a.�.d orders ��hat have
<br /> the effect of�aw}as�ell as aI�applicable final,nox��appea�able jud�cxa�opini�ns.
<br /> �harges; L�e�s. Barrower sha�l pay alI �axes, assessments, charges, f nes and �mposi�ians attr�bu��.ble ta the
<br /> Proper�y wh�ch may attaxn pr�ority over this 5ecur��y�ns�rument, and �easeh��d payments or ground re�zts, if any.
<br /> A�the reque�t of Lender,Borrower shall prarr.�ptly furnish to Lender rece�pts ev�dencing�he payments.
<br /> Borrower sha�� promp�ly discharge any�ien�rhich has priority o�er th�s Se�ur��y�nstrument un�ess B��rrower: �a}
<br /> agrees xn wr����g ta the payment af�he obl�ga��on secured �y �h� �xen �n a manr�er acceptable �o Lender; ��b}
<br /> �antests �n gaad faith the lien by, or defenda against enforcemen� of$he lien in, Iegal praceed�ngs wh�ch �n th�
<br /> Lender's op�nian operate to prevent the �nfarcemen� of�he �ien; or �c� secu.�es from �he ho�der af the Iien an
<br /> �.gr�emen�satisfa�tory to L�nder subord�.natirng the I�en to th�s Securifiy �ns�rumen�. �f I�en�.er determin�s that any
<br /> par�of the Pr�perCy is sub�ect to a �ien whzch may at�a�n przar�ty nver th�s Secur�ty�nstrum�nt, L.�nder may g��e
<br /> B�rrflwer a not�ce iden��fy�ng�he lien. Borro�Ner sha�l sat�sfy the ��en or�ake on� or more of�h� ac�z�ns se�forth
<br /> abo�e with�n 1�days of the giving of natice.
<br /> Hazard or Propert� InSurance. Borrourer s]hall keep�he impro�emen�s now existing or hereafter erected on the
<br /> Proper�y insured agaxnst�oss by fire,hazards�ncluded w��hin�he�erm"ex�end�d co�erage" and any oth�r hazards,
<br /> including flooc�s ar fl�oding, for wh�ch L�n�der requ�res rnsurance. Th�s �nsurance sha�� be maxn�ained xn the
<br /> ar�oun�s and far the periods�ha�Lender requires. The uasurance carrier pr��rdix�g the�nsurance shall be�hasen by
<br /> Borrower sub�ec� to Lender's apprflval which sha�l nat be unreas�nab�y wi�hh��d. If Borrower fa�ls �o maintain
<br /> �overage descr�bed above, L�nder may, at Lender's option, ob�ain �average �o protec� Lender's r�ghts �n �he
<br /> Property in acc�rdan�e�v��h sec�xon�itl�d Prote�tion of Ler�der's Rrgh�s in th�Proper�y.
<br /> A11 insurance �o���zes and renewals shall be acceptab�e to Lender and shall in�lude a s�andard mar�gage c�ause.
<br /> Lender shall have�he right to hold�h�p�licres and r�ne�vals. Zf Lender requires, B�rrower shall pr�mp�ly giv���
<br /> Lender al�re�eip�s nf paid premiums and renPwal notic�s. In the e�ent of loss, Borro�er sh�.Il give pram.pt notice
<br /> to�he�nsurance carr�er and Lender.Lender rnay make proof af lass�f na�made promp�ly by Borraw�r.
<br /> �Jza�ess Lender and Borrower otherwise agree in vvrit�ng, insurance proceeds shal� be applied �o rest�ratz�n or
<br /> repa�r �f the Praperfiy damaged, if, in Lender's sole d�scretxon, the restora�ion or repa�r is econom�cally feas�ble
<br /> and Lend�r's security is not �essen�d. If, �n Lender's so�e discretion, �he r�stora�zon or repair �s not economica��y
<br /> fea.s��le or Lend�r's security v�ould be lessened,�he�nsurance proceeds shall be applied to the s�ms secur�d by this
<br /> Secur��y �nstru�nent, vvhether or n�t then due, w��h any �xcess paid �o B�rrower. �f Bo�-r�wer abandons �he
<br /> Proper�y, or do�s no�answer v�ithin the number of days pre�cribed by Applicab�e Lavv as set forth�n a natice from
<br /> �ender to Borr�wer that the �nsurance carrier has flffered�o settle a clazm, th�n Lender may c��lect the insurance
<br /> proceeds. Lender may use the prace�ds �o re��a�r or r�st�re the Property or to pay sums secured�y th�s Security
<br /> �nstrument,vc�hether or n�t�hen due. The per�ad af time far Borrower to answer as set for�h in the x�o�zce�i�l beg�n
<br /> wh�n the notice is g��en.
<br /> �Jnless Lender�.nd Borrflvv�r o�herwise agree �n writing, any app�icatian of pr�ceeds�o pr�ncipa� shal�not ex�end
<br /> or postpane�he due da�e of the payments due under the �ontract ar chang��he amount of the paymen�sa If un��r
<br /> th� section�it�ed Acce�eration; Remedies, the Property is acqu�red by Lender, Borrower's righ��a any �nsurance
<br /> pol�cr�s and pr�ceeds resul�ing from damage �a the Prop�r�y prior to �he acquisition sha�I pass to Ler�der �� �he
<br /> �xtent of�he su�.s secured by th�s Securit��ms�rument i.mmediat�Iy pri�r�o the acquisition.
<br /> Preser�atia�, Maintenance and ProtectiQ�� of the Property; Borrowe�-'s Loan Appl�catron; L�aseholds.
<br /> �orrovver sha�I no�destroy, damage or impair�he Properfiy, a�Xow�he Proper�y�o deteriora�e, or commi�was�e on
<br /> th�Prop�rry. Barrower sha�I be �n default zf ar�y f�rfeiture act��n or proceeding,�vhether civil or cr�m�na�,is begun
<br /> �ha� in Lender`s good fai�h�udgment �ouid resu�t in farfe�ture of the Prop�r�y or Q�her�ise ma�erially �mpazr�h�
<br /> li�n crea�ed by th�s Security �nstrumen� ar Lender's security interest. Borrawer may cur� su�h a defau�� and
<br /> re�.ns�ate, as pra�ided in section titl�d Bvrrov�er's 1Z,ig�t to Re�nstate, by�aus�ng�he a�tion ar praceed�ng�o be
<br /> d�smrssed�vith�.ru��.ng�hat, �n Lender's good fai�h de�erm�nation,prec�udes forfe��ture of�he Borrov�er's in�eres�in
<br /> th� Proper�y or other mater�al �mpairment o.f�he lien crea�ed b� th�s Secur�ty �ns�rumen� �r Lender's se�ur�ty
<br /> in�erest.Borrav�er sha�l also be in d�fau�t�f Borrower,during�he�oan appl�cat�on process,gave materially fa�se or
<br /> inaccurate i.nfo�-ma�ion flr s�a�ements to Le��er �or failed �o pra�ride Lender w�th any ma�eria� �nforrr�ation} �.n
<br /> connec�ian with the �oan evidenced by�h� Cantrac�. Zf th�s S�curzty Ins�rumen� �s on a�easehold, Borrovver shal�
<br /> comp�y with al��he prov�sions of the��ase. �f�orrower acquires fe�title�a the Praper�y,th��easeho�d and the fe�
<br /> tit�e shall no�m�rge unl�ss Lender agrees�o the meraer�n wri�ing.
<br /> �'ratect�on of Lender'� Rights in the Pr���rty. If B�rrower fa��s to perf�rm f�ae covenan�s and agre�men�s
<br /> cvnta�ned�n this Security�ns�rumen�, or�here is a�ega�proceeding that may s�gnif�can�Iy aff�ct Lenderrs rights in
<br /> the Proper�y �such as a proceedxng in bar�kruptcy, probate, for condemnatzon �r forf���ure or�o enforce �aws or
<br /> regu�ations3, th�n Lender may do and pay f�r �hatever �s necessary �o pro�ect the va�ue of the Property and
<br /> Lender's r�ghts �n the Property, Lender's act�ons may include pay�ng any sums s�cured by a I�en�vhich has pr�ority
<br /> over�h�s Securxty Instrum�nt, appearing�n.cour�,paying reasanable at�orneys'fees and�n�ering on the Praper�y��
<br /> mak�repairs.Al�hough Lender may take ac�x�m und�r this sec��on,Lender does not ha�e to do so.
<br /> Any amounts d�sbursed by Lender under this sect�on shall becom� additiana� debt of Bflrrav�er secur�d �y this
<br /> Se�ur�ty �ns�rument. Unless Borrower and Lender agree to o�her �erms of paymen�, these amounts shall bear
<br /> Q 24�4-2�13 CvmpIFance Syst�ms,Tr�c.9F96-BI3D7-2013L2.fl.72t
<br /> Cvnsumer Reai Estate-Security Instr�;nent DL2�3d Page 2 of S ww�v,�amg�iaricesyste�ns.com
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