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��14�74�4 <br /> �Applicab�e L�vv�. As used li"1 �h15 �e�urity �ns�rument, �he �e�-m "Appt�cab�e Lav�'' sha11 m�:an alI c���ro���ng <br /> ;�pplicabl� federa�, state and �ocal s�a�u�es, regulations, ard�nan�es and adm�nlstrative rules an�� orders ��hat have <br /> 1:he effec�of�a�v�as we�l as a]I ap��icable final,non-a�pealable�udic�a��p�n��ns. <br /> �Char��s; Liens. Borr�wer sha]I pay ali ta�es, assess�nents, charges, f�nes and imposi���ns �.ttributable t� the <br /> Property whic�may at�a�n priority ti�er�his Secur��y Ynstru���ept, and leaseha�d paymen�s or g���flu�ad rents, if any. <br /> .�t�he reques�of Lender,Borrower 5ha11 promptly fur�ish��Lender rece�pts e��de���ng�he paymen�s. <br /> garrov�er shall pr���nptly discharge any lien v�lnich has priori�y over tl�is Security Ins�rument ur�less Barrower: �a} <br /> agrees in �riting �� the payment of the ab�igatiori secured by �he �ien Yn a manner accep�able �o Lender; �b} <br /> c�ntests in gnod fa��h the li�n by, or defends agains� enforcement of the lien �n, �egal prfl�eedings whi�h in �he <br /> Lender`s opinion opera�� to pr��en� �he enforcemen� af the l�en; or �c} secures fr�m the ha��der of�he Ii�n an <br /> agree�n�n� sa�isfa�ta�y�o Lend�r su�ardinating�he lier� �o �his Securi�y �nstrument. If Lender �leterm�nes that any <br /> par� �f��� Proper�.y is su�b�ect to a ��en which may a��tain priari�y o�er�h�s Securi� Zns�rumen�t, Lender may give <br /> Borr�v�er a notice identifying the l��n. Barrov�rer s�a�� satisfy the ��er�ar ta��e �ne ar mare af tl�e ae�i�ns set for�h <br /> ab�ve wi�hin 1�days of�he gi�ing of notice. <br /> I�azard �r Pr�per�y Insura�nce. Borrov�er sha�� keep the i�mpro�emen�s n��v ex�sting or heret�fter ere�ted on the <br /> Pr�perty insured against loss by f�re, hazards inc�uded with�n�he�erY�n "e�tended�nverage" and any other ha�ards, <br /> includ�ng f��ods or flo�ding, for �h�ch Lender requ�res insurance. Th1s �nsurance shall be maintained in the <br /> amounts and for�he periods�hat Le��der r��uires.T��� insuran�e carrYer pro��d�ng t��e insurance shall be chosen�y <br /> Borrower subj ec� �o Lender's appro�al �v��ch sha�l no� be unreas�na��y wi�hheld. If Borrfl���r fails to main�ain <br /> coverage descri�bed abo�e, Lender may, a� Lender's op�ion, �b�a�n cov�rage �o pra�ect Le��der's rights in �he <br /> Proper�y i�accordan��wi�h sec�i���itled Protec�i�n of Le�d�r's l�.ights�n the Prnperty. <br /> Ali �nsuran�e po�icies and renevvals shall be acceptable t� Lender and shai� �nclude a s#andar� mor�gage clause. <br /> Lend�r shall l�ave the righ��o hold�he poiicies and rel�ev�a�s. If Lender rec�uires, Bflrrovver sha.11 pramp�ly give�o <br /> Lender al�receipts of pa�d prem�ums ar�d re�newal n�tices. �n�:he e�ent of loss, Borrovver sha�1 gi�e promp�not��e <br /> to�he�nsurance carrier and Lender.Lender may make pro�f�f loss�f not mac�e pro�nptly by Bosrrvv�er. <br /> Unless Lender and B�rrower o�herv�ise agre� in wri�ing, insurance proceeds sl�a�I be app�i��d �o res�arati�n ar <br /> repai� of the Praper�y damaged, if, �n Lender's so�e discretion, �h� restora�i�n ar repair is ec��nflm�cally feasib�e <br /> and Lender's secur��y is na�t less�ned. �f, �n Lender's s�le discre�ian, �the res�ara�ion ar repair :is n�t ec�n�mically <br /> feasible or Lender's securi�y would�e�essened,the i��surance proceeds shall be ap��ied�o t��e s,ums secur�d by�h�s <br /> Secu�ity �ns�rumen�, whe�her flr n�� �hen due, v�i�h any excess paid �o S�rr�wer. �f Borr���ver abar�dons �he <br /> Prop�r�y,�r does not apsw�r within the num�er of c�ays p�r�scr�bed�y Applicab�e Law as s�t fo�r�h�n a not�ce from <br /> I�ender to B�rrower�ha�the insurance car�-ier�as offered�o se�t�e a clairn, �hen Lender may cullec�the insurance <br /> proceeds. Lender may use tl�e praceeds �o r��a�r �r res�ore �he Property or�o pay sum� secu��ed by this Securi�y <br /> In�trumen�,whether ar no��hen due.Th�peri�d�f�i�r�e far Barrav�er�o answer as�et forth in�:he noti�e�c�i��beg�n <br /> w�en�the n��ice is given. <br /> Unless �,ender and Borrower o�her��vise agree in v�rit�ng, an� appl��a�i�n �f proce�ds to prin�i�pal sha��n�t e�tend <br /> or postpane��e due da�e �f�he pa�rmen�s due unde�-the C€����ract or change�he amou��of�he paymen�s. If under <br /> �he s�c�ion ti��ed Accelera�inn; R�medi�5, the Pr�per�y is a�quired by Lender, B�rt-o�ver's r���ht to any insurance <br /> po�icies and prnce�ds resulting from damage �o ���e Property prior ta the acquisition shall pa.�s �a Lender to �he <br /> e�ten��f the sums secured by�I�is Security instru�-nen�immediate�y pri�r to�he acqu�sition. <br /> P�es�rvati�n, �aintenance and Protect�on �f �h� Prop�rty; Bo�rower's Loa� App�ic.a�i�n; L�asehoids. <br /> B�rr�wer s��al�no�destroy, dama�e �r impair�he Pr�pe�-ty, all��v the Pr�per�y t� de�eri�rate, �or�ammi�was�e on <br /> the Pr�perty. Barrov��r sha�l be in defaul�if any Farfe��ure actian or proceed�ng,whe�l�er civ����r criminal, �s begun <br /> �ha� in Lende�-'s �,oad faith judgme�t cou�d result in forfeiture of�h� Properfiy or otherw�se �r�a�erial�y impa�r�he <br /> Iien created by ���s Securit� Ins�rument �r Lender's security interes�. Borrower may cure �uch a defau�� and <br /> reinsta�e, as pr��ided in sec��an ti�ied �nrro�ver's R����� �� 1��ins�ate, by caus�ng th� action�r proceeding��be <br /> dismissed vvi�h a ruling�hat, in Len�ler's boad faath de�erm��a��on,prec���des forfei�ure of ihe Borrower`s�nterest xn <br /> the Pr�per�y �r ath�r ma�erial �mpa�rmen� of�he �ien created �y �his S�curi� I:ns��-ument cfr Lender's securi�ty <br /> inter�st.Bo�-rower shal�also be in�efault if B�rrower,during�he loan app�ica�ion pro�ess,ga�e ma�erial�y false or <br /> inacGura�e �nforma�ion �r s�a�tements �� Lender (�r failed t� prav�de Lender w��h any material infor�ation) �n <br /> conneG��on wi����he Iaan e��denced by the �ontract. If�h�s Securil:y �ns�rumen� �s ori a leas�hold, Borrower shall <br /> comp�y vvith�11 the pro�isions of tr�e lease. �f Borrov�er a�quires fee��t�e t�the Property,the��.�seholc�ar�d�he fee <br /> �i��e shall not�.�erge unless Lender agrees�a�he r�er�er in�rit����. <br /> ]Pratection af Lender'S Iaights in the Prope�ty. �f Borraw�r fails �o perfarm �I�.e covenat�ts and agreements <br /> cantained in�his Secur�ty Instrumen�t, or�here �s a legal pr��eeding that may significan�ly affect Lende�'s righ�s in <br /> tl�e Praper�y �such as a pr�ceed�ng in Uankrup�cy, proba�e, for condemnation ar farfeiture or t� enfar�e �a�s or <br /> regula��ons�, �hen Lender ma� d� and pa}� f�r vUl�ate�ver is necessa�-y t� prot�c� �l�e �a�ue �af t��e Praperty and <br /> L,ender's rights�n the Praper�y. Le��d�r's ac�:�ons���ay�nclude payinb an�sums secured by a�ien which has pri�rity <br /> over th�s Security �nstr�.iment, appearing in c�urt,payi�b reasanab�e a�torneys'fees and enter�ng on�he Property to <br /> mak�repairs.Al�haugh Lende.r may take ac��an under��is section,Lender does n��have to d�so. <br /> Any amaunts d�sbursed by Lender under this sect�an sha�i bec�me ad�i��anal debt �f Borro�er secur�d by this <br /> Se��ri�y Ins�rument. Unless Borr�v�er a�d Lender agre� t� �ther �erms �f paymen�, �hese amaun�s shall bear <br /> interest fr�m �he da�e nf disburse�nen� a� the same rate assessed on advances under �he Ct�ntract and sha�1 be <br /> payable,wi�h in�eres�,upon no�ice from Lender�o B�rra�rer reqi�es�inb payment. <br /> C�2�0�-20i�Con�pliance Systems,In�.4958-E59C-20�3L2.3.1.803 <br /> C�nsumer Real Estate-S�cur�ty Instr�Ement DL20ab Pa�e 2 of 5 VJWW.CQll7�]�IdT3CB5ySt�ri35.CQI17 <br />