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��14�S�S1
<br /> Appi�cabl� Law. As used ir�. this Security �nst�rument, �he �erm "Applicable LaW" sha�� mean a�1 cantrolling
<br /> applicable f�dera�, sta�e and Iocai s�a�u�es, regulations, �rdinances and administrati�e rules and orders ��h.at ha��
<br /> the eff�ct of law}as we11 as a11 applicable fznal,non-appealable judi�ial op�nions.
<br /> Charges; Liens. B�rrov�r�r sha1� pay a�� taxes, assessm�n�s, charges, fines and �mpositians attributa�Ie to �he
<br /> Property wh�ch may atta�n priority over th�� Se�uri�y�nstrumen�, and leasehald payments or ground ren�s, �f any.
<br /> A��he request of Lender,Borrawer sha��promptly fi�rnish to Lender receip�s�videncing the paym�n�s.
<br /> Borrower shall promp��y discharge any lien whi�h has priori�y over��.�s Security �nst�-umen�un�ess Borr�wer: �a�
<br /> agrees �n writing to the payment af�he obliga�ion secured by the Ii�n in a mann�r acceptable to Lender; �b}
<br /> cantests in good faith th.e lien by; or d�fends aga�nst enforcement af the lien i.�a, ��ga� pr�ceedings wh�ch in �he
<br /> Lender's opinion opera�e �� preven� the enforcemen� of the Iien; ar �c� secures from the ho�der �f the Iien an
<br /> agreement sa�isfactary to Lender subordin.atzng the li�r�to�his S�curity �nstrument. �f Lender d��ermines�ha�any
<br /> par�af the Property is subj ec��o a lien which may attain prior�ty over this Security�nstrumen�, Lender may g��e
<br /> _ Borrower a nat�c� �den�ifying the lien. Barrawer shall sa�isfy�he lien or�al�e one or more flf the actions set for�h
<br /> above v�ri�hin 1�days of the giving of no�i�e.
<br /> Hazard or Pr�perty Insurance. Borrawer sha1�ke�p t�e impravem�nts n�v�ex�s�ing or hereafter erect�d on the
<br /> Pr�perty�nsured against�oss by fire,hazarc�s included within the�erm"ext�nded�overage" and any other ha2ards,
<br /> inc�uding floods or flooding, for wh�ch Lender r�quires insuran�e. Th�s �nsurance shali be maintained in the
<br /> amoun�s and for the periads�ha�Lender re�uires. Th� insurance carrier provi�ing�he�nsurance shal��be�hasen by
<br /> Borrov�er subjec� �o Lender's appro�a� which shall not be unreasona�ly v�ithhe�d. If Borrov�er fa�ls �o maintain
<br /> �ov�rag� described abov�, Lender may, a� Lender's opt�on, flb�ain cfl�erage t� prv�ect L�nd�r's rrgh�s �n the
<br /> Property�.n a�cardance w��h sect�an ti�Ied Prvtection of Lender's R�ghts�n the Property.
<br /> All insurance po��c�es and renewals shal� be acceptable �o Lender and shal� �nclude a standard mor�gage c�ause.
<br /> Lender shall ha���he righ�t�ho�d�he polic�es and renewals. If Lend�r r�quires, Borrov�er shall promptly gi�e�o
<br /> Lender aTl rece�pts af pai�pr�m�ums and renewal not��es. In�he e�en�af loss, Borrower shall g��e prvmpt natice
<br /> �o�he insurance carrzer az�.d Lender.Lender m.ay make proof of lflss if not made prompt�y by Borrawer.
<br /> Un�ess L�nd�r and Barrawer a�herwise agree in vvr�t�ng, insurance praceeds sha�l be app�ied t� restoratifln or
<br /> repair of the Prop�rCy damaged, if, in L�nd�r's sole d�scre��an, the restora�ian or repair �s e�onomically feas�ble
<br /> and Lender's securifiy is n�� lessened. �f, in Lender's s�le discre�ion, the r�s�oration or repair is not e�onam�cally
<br /> feasible or Lender's securi�y Would be�essened,�he insurance pro�eeds sha�l be applied���he sums secured by th�s
<br /> Se�ur��y �ns�rument, whether or no� then due, w�th any excess paid to Barrower. If Borrower abandons the
<br /> Proper�y,ar d�es not ansv�er wi�hin�he number of days pres�ribed by Applicable Law as set fo�h in a n���ce from
<br /> Lender to B�rrawer�hat the insurance carri�r has offered�o se�tle a claim, �hen Lender may collec�th� �nsurance
<br /> pro�eeds. Lender may use �h� pr�ceeds to repai.r or res�are �h.e Proper�y or to pay sums secured by�his Security
<br /> �nstrumen�,whe�her or n���hen du�.�The period�f t�me far Barrovver�a answer as set far�h�n�he no��ce w����eg�n
<br /> when�he notice�s gi�en.
<br /> Ljn�ess Lender and Borrov�er otherwise agree in writing, any app��ca�ion of pr�ceeds to pr�ncipa� shall not ex�en�.
<br /> or postpone the due da�e of the payments due under the Contrac�or chang�the amount of the payments. �f under
<br /> the sect�on tz��ed A�ce�er�tion; Remedies, the Property is acqu�red by Lender, Borrower's right to any �nsurance
<br /> po�ic�es and pro�eeds resulting from damage t� �he Properry priar�o �he acquis��ion sha�l pass ta Lender to the
<br /> exten�of�he sums secur�d by this Security Instrumen�imm�dia�ely pr�or�o�he acquisition.
<br /> Pre�erva�ion, Maintenance and Prote�tion of the Property; B�rrower's Laan App�icatian; Leaseha�ds,
<br /> Borrav�er shal�no�destroy, damage or�mpair the Pr�perty, a�I�vv the Prflp�rry�o de�eriora�e, or commit was�e on
<br /> �he Properry. Borrower shall�e in defau�t if any forfeiture a�tian or pro��eding,whe�her ci�il or�riminal,is begun
<br /> tha� xn Lender's good faith judgment cauld resul� in farfeiture of the PraperCy or otherwise ma�erial�y �mpair�he
<br /> l�en creat�d �y �h�s Se�ur�ty �nstrument or Lender's securxty in�erest. Borra�er may cure such a defaul� and
<br /> reins�a�e, as provided in �ec��on���led Bnrrower's Right �o Reinstate, �y causing the actian�r praceeding to be
<br /> dismissed with a ru�ing tha�, in Lender's good fai�h de�ermrna�ion,prec�udes forf�iture of the B�rrawer's�nterest�n
<br /> �he Praper�y or ��her ma.�eria� impa�rmen� of the lien created by ��a�s Security Instrument or Lender's security
<br /> in�erest,Borrov�er shall also be in default if Borrower, during�he loan applica�ion process,gave ma�er�a�Iy fa�se or
<br /> inaccurate information ar s�a�ements to Lender �ar failed �o provide Lender v��th any mater�a� informa�ion} in
<br /> c�nne���on with the lflan e�idenced by the Contra��. If this Security Instrument is on a�easehold, Borrower shall
<br /> comply with a11 th�pro�is�ons of the lease. 7f Borrower acqu�r�s fee�i�Ie ta�he Property,the�easehold and�he fe�
<br /> ����e sha�l not merge unless Lender agrees to�he merger in�vriting.
<br /> Protection �f Lender's Rights in the Property. If Barrower fails ta perform �he c�venants and agreemen�s
<br /> conta�n�d��his Se�urit�rnstrument, or�here is a legal procee�ing tha�may significan��y affect Lender's rights in
<br /> th� Prop�r�y �such as a pro�ee�ing in bankrup�cy, probat�, for condemna��on ar f�rfeiture ar to enforce la�vs �r
<br /> r�gu�a�ions�, then Lender may da and pay for whate�er is nec�ssary �a pr��ec� the va�ue of th� Proper�y and
<br /> Lender's righ�s �n the Property. Lender's ac�ions may include paying any sums secured by a��en which has priority
<br /> over this Securi�y rnstrumen�, appearing in caur�,paying reasona�Ie attorneys'fees and entering on�h�Pr�per�y�o
<br /> make repairs.A�though Lender may take ac�ion under�h�s se��ion,Lender daes not have to do so.
<br /> Any amoun�s d�sbursed by Lender under th�s sec�ion shall b�come addi�ional de�� af Borrflvv�r s�cured by �his
<br /> Security Instrumen�. Un�ess Borrovver and Lender agree to other terms af paymen�, these amoun�s shal� b�ar
<br /> in�erest from �e date of disbursem�nt at th� same ra�e assessed on advances under the Contract and shal� be
<br /> payab�e,with in�eres�,upan notic�frflm Lender t�Borrovver request�ng payment.
<br /> �2044-2�14 Compliance Systerr�s,In�.49�8-"195C-2013L2.3.1.843
<br /> Cvnsumer Rea�Estate-Security Instrumen:DL2�36 Page Z af 5 www,compIiar�cesystems,cam
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