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��14�S�9S
<br /> Pa ment vf Princi al and Interest; �ther Charge�.Borr�v�er sha�1 pramp��y pay vvhen due the principal of and
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<br /> �nterest an�he debt awed under the�ontract and la�e�harges ar any ather fees and charges due under�he Contra��.
<br /> A li�able Law. As used � this Secur�ty �nstrumen�, the �erm "Applicable Lav�" sha�I mean aI� cQn�rol�ing
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<br /> a ���ab�e federa�, s�ate and I�ca1 s�atu��s, regu�ati�ns, ordinances and admin�stra�i�e rules and�rd�rs ��hat have
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<br /> �he effect of law�as we11 as a��ap�liGable fxx�al,non-appealab�e jud�c�a�op�n�ons.
<br /> Charges; Lien�. Borrower shal� pay a1� taxes, assessments, �harges, fines and imp�s���ans attr�bu�able �o the
<br /> Property whi�h may a�tain priar��y over�his Security Instrumen�, and leasehold pa�xnents or ground rents, �f an�.
<br /> At�he request�f Lender,Borrower shall promptly furnish to Lender recelpts ev�dencing the paymen�s.
<br /> Borrower shal�prompt�y d�scharge any �ien�h�ch has pr�vrity over�h�s Se�urity Iris�rument unless�orrovver: (a}
<br /> agrees in wr�ting to the payment of�he obl�ga��on secured by the �ien in a �nanner accepta�le to Lender; �b�
<br /> contests in ga�d fa�th the �x�n by, or defends against enf�rcemen� �f the �i�n �n, legal pr�ceedings which �n the
<br /> Lender's �pin�on opera�e to preven� the enforcemen� of the lien; or (c� secures fr�m the holder �f�he I�en an
<br /> agreexr�ent satisfa���ry to Lender subordinating�he ��en��th�s Se�urity�nstrument. �f Lender determines�hat any
<br /> part o�the Praperty is subj eG�to a�ien which may attain priarity over�h�s Secur�ty Instrum�nt, Lender may give
<br /> Borrower a notice iden�ifying the l�en. Sorrower sha11 satisfy the lien or�ake one vr more �f the ac�ions se�far�h
<br /> abo�e wi�h�n �a days af the g���ng af na�ice.
<br /> Hazard or Pra �rt Insurance. Borrower sha�l k�ep�he impro�e�nents nov�ex�s��ng or hereafter erec�ed on 1�he
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<br /> Property insured agains�loss by fire,hazards�ncluded w��hin the�erm"extended coverage" and any�ther hazards,
<br /> �ncluding f�aads �r flaod�ng, far which Lender r�quires insurance. Th1s xnsuranc� sha11 �e maintained �n �he
<br /> amounts and far the p�riflds�hat Lender requires. The insurance carr�er provlding the lnsurance sha�X be chasen by
<br /> Borrvwer sub�ect �o Lender's approval which sha11 n�t be unreasanably v��thheld. If B�rrower fa�ls to ma�a.�ain
<br /> coverage described ab��e, Lender may, at Lender's apt�on, obtain co�erage �� �rQ�ec� Lender's rights in the
<br /> Pr�perty in accordance v�rith secti�n�i��ed Protectian af Lender��Rights in the Praperty.
<br /> A11 �nsurance o�i�ies and renev�als sha�i be accepta��e to Lender and sha�l inc�ude a s�andard mor�gage clause.
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<br /> Lender shaX�ha�e�he r�ght��hold�he policies and renev�als. If Lender requ�res, Ba�r�wer shal�promptly glve to
<br /> Lender a�I receipts of paxd premiums and renewal no��ces. �n�he event of l�ss, Barrower sha1�g�ve prompt not�ce
<br /> �fl�he insurance carr�er and Lender.Lender ma�ma�e proof af Ioss if n�t made pr�mptly�y Borrow�r.
<br /> Unless Lender and Borrflwer otherv�ise agree in vvriting, insurance pro�eeds sha1� be app�ied tQ restoration or
<br /> repair of the Praperty damaged, if, in Lender's sole discretion, �he restura�ion �r repair �s economically feasible
<br /> and Lender's security is no� lessened. �f, in Lender's so�e discre�ion, the restora�ion or repair xs no� economica�ly
<br /> feasible or Lender's se�urity w�u�d be lessened,the insurance proceeds shall be app�ied�o�he sums�ecured by�h�s
<br /> Secur�ty �nstrumen�, whether or not then due, with any excess paid �o Barrav�e�-. �f Bnrrov�er abandans the
<br /> Pro��rty,or does not answer wxthin�he number of days prescribed by.�pp��cable Law as set f�rth�a n�tice fr�m
<br /> Lender to Borrov�er tha��he insurance carrier has offered ta settle a c�a�m,then Lender may coilec�the insurance
<br /> proceeds. Lender may use the proceeds to repair�r res�ore the Prflper�y or to pay sums secured b��his Secur�ty
<br /> �nstrument,whe�her or not�hen due.Th�peri�d of t�me fflr Borrovver to answer as se�fvr�h in�he no�ice wil�beg�n
<br /> vvhen the not�ce�s g��en.
<br /> Un�ess Lender and Borrower othe�-vvxse agree in wr�ting, any application of proceeds tfl pr�ncipal sha�X no�extend
<br /> or postpone the due da�e of the paymen�s due under the �ontrac�ar chang�the a�rnaun�of the payments. �f under
<br /> �he sec��an titXed Accel�ration; Remedies, the Prope�-�r is acquired by Lender, Borrower's righ�to any insurance
<br /> policies and pr�ceeds resul�ing from damage �a the Prope�-ty prior tfl the acquisition sha�l pass �� L�nder�fl the
<br /> e��ent af the sums se�ured�y this Security Znstrumen�immediately priar tv the acquisition.
<br /> Preser�ation, Maintenance and Pr�tectian af the Prnperty; B�rrovver's Loan App���ation; Leaseh�lds.
<br /> Bflrr�wer shall na�destray, damage �r impair the Proper�y, a11ow the Pr�p�rry to de�eriorate, �r commit vvaste on
<br /> �he Property.Borrvv�er shal�be in default if any forfeiture ac�ion or praceeding,�vhether c�vil ar�rimina�,is begun
<br /> �hat in Lender's gvod fai�h judgmen� could resu�t �n farfeiture of the Property or otheY-vv�se materi�.l�y xmpair�he
<br /> �ien cr�ated by �his Secur�ty �nstrument or Lender'� security �nterest. Borrovver rnay cure such a defau�� and
<br /> reins�ate, as pro�ided in s�cti�n�i��ed Borrower'S �tight to Reinstate, by causing�he action or praceeding�o be
<br /> dismissed v�r��h a ru�ing tha�,�n Lender's gfl�d fa��h determina�ion,precludes f�rfe��ure of the Borra�rer's interest i.n
<br /> the Propert� ar o�her ma�erial �mpairment af the lien crea�ed by �h�s Security Znstrument or L�nder's secur�ty
<br /> interes�.Bvrrovver sha��a��o be in defau���f Borrow�r,dur�ng th�1oa�n application proc�ss,gave ma�eriaily false or
<br /> inaccurate �nformation or statements to Lend�r �o� fa�led �to pro�ide Lender w��h any mater�a� information) in
<br /> connection wi�h the �aan eviden�ed by the �ontrac�. �f�hxs S�cur�ty �nstrument is �n a�easeha�d, �orrower shall
<br /> c�mp�y v�ith a11�he pro�is�ons of the Iease. If Barro�ver acquires fee title�o�he Pr�perty,the leaseh�ld and the fee
<br /> ti��e shall n��merge unless Lender agrees���he merger�n�rriting.
<br /> Prvt�ct�nn of Lender's Rights in the Praper�y. �f Borro�vsrer fai�s ta perform �he cnvenan�s and agreements
<br /> conta�ned�n thxs S�cur��y�nstrument, ar there is a Iegal proceeding that may s�gn�fcan�ly affect Lender's rights in
<br /> �he Property �such as a proceeding in bankruptcy, prabate, for candemnati�n or f�rfei�ure �r to enfor�e iaws or
<br /> regulat��ns}, then Lender may do and pay for v�ha�ever is necessary tn protect the value of t�e Pr�perty and
<br /> Lender's ri�h�s in the Pr�perty. Lender's activns may�nclude pay�ng any sums secured by a��en v�hich has pr�ori�y
<br /> a�er this Security Instrument, appearing in c�urt,paying reas�nable attQrneys'fees and en�er�ng on the Property�o
<br /> make repairs.Al�hough Lender may�ake action under this sec�ion,Lender does nflt have�o do so,
<br /> Any amounts disbursed by Lender under �h�s sec��on shall become additi�nal deb� o�B�rrvwer secured by th�s
<br /> Security Instrumen�. Un�ess Borrower and Lender agree �a o�her terms of pa�nent, �hese amounts sha11 bear
<br /> �2044-2��4 Campliance Systems,Inc.4958-7fi2E-2fl13L2.3,1.843 ,
<br /> Consumer Real Esta#e-Security Tnstrument DL2ti3f Pa�;e 2 vf 5 www.compliancesyster�s.c�rn
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