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��14�79�3 �n�eres�from�he date of dis�ursemen�at the Note ra�e and shal�be payab�e,with�nterest,upon no�xce from Lender to Borrower requesting paymen�. �Iortgage Insuran�e. If Lender requir�d mor�gage �nsurance as a cnndi�ion of making the �aan se�ured by th�s Secur��y Instrum�n�,Borrov�er sha��pay�he premiums requ�red to main�axn th�mor�gage�.nsurance in effect. If,far any reason, �he mor�gag� insurance co�erage required by Lender �aps�s or ceases to be in effect, Borrower sha�l pay �he prem�ums required to obtazn caverage su�stan�ia�ly equi�a�ent to �he mor�gage insuranc� previausly �n effect, at a cost subs�an��ally equ�va�ent ta �he cos� �� Borrvwer nf�he mar�gage insurance previous�y i.n �ffec�, from a�alternate rn�r�ga�e�nsurer approved�y L�z�der. �f substar��ial�y equivalen�mor�gage xnsurance co�erage�s not ava�lab�e, B�rrovv�r shall pay �o Lender each manth a sum equa� �a one-twe�fth af the yearly mor�gage insurance pr�mxum.being paid by Borrawer when the insurance coverage �apsed ar ceased to be in effec�. Lender will a�c�p�, use a�d re�ain�hese paymen�s as a loss resez�ve �n lieu of mor�gage �nsurance. Lass res�r�e paymen�s may r�� langer be r�quired, at the option of Lender, if mor�gag� ir�surance cQ�erage �in �he amount and for�he period�ha�Lender re�uires}provided by an insurer approved by Lender aga�n becomes a�a��ab�e and�s ob�ain�d. Borrower shal�pay�he premiums r�qu�.red�o ma�.ntain mar�gage insurance in effec�, or to pro�ide a �oss reserve, un�il the re�uzremen� for mor�gage insurance ends in accordance w�th any writ�en agreemen� between Borrower and Lender or App��cable Law. Insgectinn. Lender flr its agen�may make reasonable entrxes upon and �nspe��ions af�he Property. Le�.der shall gzve Borraw�r not�ce at the txme of or�rz�r�o an inspect�on sp�c�fying reas�nable cause for the ins��ti�n. Condemnation. The proceeds of any a�ard or clai_m f�r damages, direc�or cvnsequent�al, xn cann�c��on with any condemnatxon or other tak�ng of any par�of�he Property, or for conv�yan�e in lieu of condemna�ian, are hereby assigned and sha��e paid t�Lender. �n �he e�en� of a to�a� taking af�he Proper�y, �he proceeds sha�� be applied�o th� sums secured by �hzs 5ecurxty �nstrumen�, whe�her or �ot �h�n c�ue, wxth any ex�ess paid �o Borrower. �n the e�en� of a par�ia� �aking of�he Praperty in�vhi�h�he fair market va�ue of the Property immedzate�y b�fflre the �akx�g �s equa�� or grea�er than �he amoun� af the sums secured by this Securi�y �nstrumen� immedia.tely before �the �a�ing, un�ess B�rrower and Lender o�hervv�s�agree in writing,�he sums secured by�his Secur��y Instrumen�shall be reduce�b�the amoun�of the proceeds mu�tip��ed by�he fo�l�w�ng frac�ion: �a}the t��al amoun�vf�he sums secured�mmed�ateiy befare the �akxng, div�ded by �b} the fa�r market �ralue of�h� Praper�y immed�a�e�y bef�re the tak�ng. Any bala�ce shall b� pa�d t� Barrower. �n�he even� of a par�ial �akxng of the ProperCy in which �he fazr market va�ue of the Property immedia��y before �he �aking �s �ess �han the amount of the sums secured xmmedia�e�y befare �he �ak�ng, un�ess Borrower and Ler�d�r a�hervvxs� agree xn writing or unl�ss App��cable Law v�h�rw�se pravides, �h� proceeds sha�l �e applied�o�he sum�secured by�his Security�n��rumen�whe�her or not�he sums are�hen due. If�he Proper�y�s aband�ned by Barrovver, or if, af�er z��ice by Lender to Borrflv�er�ha�the c�ndemnor affers to make an award or set�l�a�1aim for damages, Borrower fazls�o respand�o Lender vwith�.x�the rnin�mum number of days es�ablished�y Applica��e Lav�af�er the da�e th�notice is gr�en,Lender is author�zed to co�lect and app�y�he praceeds, at zts opt��n, either �o res�ora�ion or repazr of th� Pr�per�y or t� �he sums secured by �his Security �ns�rumen�,wh��her or no��hen due. Uniess Lend�r and Borrower nthervvxse agree �n v�rx�ing, any appl�cation�f proceeds�o pri.ncipa� shail nat extend ar pastpone �he due da�e of�he payments referred to zn �he sec�ian ��tled Pa�ment of Pr�ncipa� and In�er�sts Prepayment and Late�harges or change the amaunt of such payments. �3urrawer Nat Released� Forbearan�e By Lender N�t a Waiver. Ex�ensi�n of th� time f�r payment or m�d�f ca�ion of amor�iza�xon af�he sums secured by this Secur��y Ins�.-umen� granted by Lender�o Barrov��r or any success�r in �n�eres� af Borr�wer sha�l na� aperate to release the I�abi��ty of the orig�nal Borrower ar Borr�v�er's successors i.n. in�eres�. L�nder shall not be required tv �ommerice proc�edings agaznst any successor in in�er�s�ar refus�to extend tim.e far paymen�or othe�-vvise mod�fy amar�i�at�on of the sums secured by�his S�curx�y Ins�rumen� �� reason �f a�.y demand made by �he origina� Borrawer �r Borrower's successars in in�eres�. Any forbearance by Lend�r i� exercising any right ar r�medy shall no�b� a waiver of or�rec�ude th� exerc�se of any righ�or remedy. �uccessor5 and ASsignS Bound; Ja�nt and Se�era� Liab��ity; AcGommadation Signers. T�.e co�rer�ants and agr�ements of�h�s Security�nstrument shall b�nd and b��efit�he success�rs and assigns of Lender and Borrovver, subject to �the pra��sxons of sec��n ��ed Transfer af the Property vr a Sene�cial Interest in Borrower. Borrower's cavenants and agreements shall be�oint and severa�.Any person who co-s�gns this Secur�ty�nstrumen� bu� does not execut� the No�e �"Accammoda�ion S�gner"}: �a} is co�s�gning �his Secur�tiy �ns�rumen� anly �a m�rtgage, grant and con�ey�ha�A�cammodat�on S�gner's �nteres�in the Praperty under�he terms �f th� Se�uri�y Inst�-umen�; �b} zs not persona�ly o�liga�ed�a pay�he sums secured by�h�s Security Ins�rument; and�c� agrees that Lender and any o�her Bflrrower may agree to ex�end,mod�fy,forbear ar make any accamm�da�ions wx�h regard t� �he terms of thzs Securi�y Ins�rumen�or�he Note w��h�ut�hat Accommada�ion S�gner's consen�. Loan Char es. �f the Ioan secured by �his Security �nstrument is su�jec� to a lav� which sets maximum �oan g charge�, and�ha�Iaw �s fina�ly in�erpr��ed so�ha�the in�erest or o�her laan charges �ollec�ed or�o be co��ected ir� �annectzon vv��h �he loan exceed �he permit�ed limits, �hen: (a� any such Ioan charge sha�l b� r�duced by the amount necessary to reduce the charge �o�he permit�ed lim�ts and�b} any sums already ca��ected fram B�rrawer which exce�ded permztt�d l�mits will be r�funded xa Bo�r�wer. Lender may chaose �o mak� �his refund by reducing �he pr�nc�pal owed under �he Note �r by ma�zng a dir�c� paymen� ta Borrower. �f a r�fund redu�es pr�nc�pai,�he reduc�ion v�il�be treated as a partia�prepayment withou�any prepayment charge under the No��. C�204�4-2Q14 CampIiance 5ystems,ir�c.4958-�945�20t3L2.3.1.$a3 Cvn�umer Rea��state-Security Instrument DLz436 Page 3 of 5 www.campiiancesystems.cam