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<br /> Payment of Principal and Interest; �ther�harges.Sorrower sha�l promp��y pay when due�he prxn�ipal of and
<br /> in��res��n�he deb��vv�d urnder�he�ontrac�and la�e charges or any o�her fees and charges due under th�C�ntra�t.
<br /> App�icab�e Law. As used in this Securi�y �ns�rumen�, �he term "Applrcable Law" shall mean a1� controlling
<br /> applica��e federa�, state and lacal s�atutes, regu�ations, ordinan��s an� administrative rules and orders ��ha� have
<br /> the effect of Iaw�as we��as al�app�icable fina�,n�n-appealable judicial apinians.
<br /> Charges; Liens. Borr�w�r shall pay all �axes, assessments, charges, fines and imposi�ions attr�bu�abl� �o �he
<br /> Property wh�ch may at�ain prior�ty o�er th�s Securi�y Instrumen�, and l�asehold paym�nts or ground rents, if any.
<br /> A��h�request of Lender,BorroWer shall promptly fu�n�sh�o L�nder recexp�s e�iden��ng�he payme��s.
<br /> Borrov�er shall promp�Iy d��charge any �ien which has prrority over this Securifiy Instrument unless Borrawer: �a}
<br /> agrees �n wri�ing �a the paymen� �f�he ab��gation secured by the Iien in a manner accep�able �o Lender; �b�
<br /> contests in goad faith the lien by, or defends aga�nst enforcement of the Iien in, legal proceedings wh�ch in the
<br /> Lender'� op�n�on operate �o prev�nt �he enforcement af�he Ixen; or �c� secures frflm �h� halder of the �ien an
<br /> agreement satzsfactory t� L�nder subordina�ing�he �ien ta this Securrty Instrumen�. If Lender det�rmines�ha� any
<br /> par�of the Proper�y is sub�P�t to a lien which may at�ain prior��y �ver�h�s Securi�Ins�trument, Lender may give
<br /> Borrower a notice id�n��fying the l�en. Borrower shal� satisfy the �i�n or�ake one or more �f�he actians set f�r�h
<br /> above wi�h�n �0 days af�he giving of notice.
<br /> Hazard or Proper�y Insurance. Borrower shall keep the �mpro�emen�s now existing or hereafter erected on the
<br /> Prflperfiy�nsured against loss by f�re,hazards znc�uded within�he term"�x�ended ca�erage" and any other hazards,
<br /> including floods or flaad�g, for which Lender requires insurance. Th�s insurance sha11 be maintained �n the
<br /> amoun�s and for the periods�hat Lender requires. The insurance carrier providi.ng�he insurance sha11 be ch�sen by
<br /> Borr�wer sub�ec� �a Lender's approva� wh�ch shall not be unreasonably withhe�d. �f BarroWer fails to maintain
<br /> co�erage des�ribed ab�ve, Lender may, a� Lend�r's op�ion, �btain Goverage ta protec� Lender's r�ghts �n �he
<br /> Proper�y�.n accordan�e vcr�th section titled Prote�tion af L�nder's Rights�n the Property.
<br /> A11 insurance policies and renev�als shall b� acceptable to Lender and shal� include a s�andard mar�gage clause.
<br /> Lender sha�l ha�e th�righ���hold�he polic�es and renev�rals. If Lender r�quires, B�rrower shal�promptly g��e to
<br /> Lender al�rece�p�s of paid premiurns and renewa�no�ic�s. In�he e�ent of loss, Borrower shall giv�promp�notice
<br /> to the insurance carr�er and Lender.Lender may make proof af�oss if n��made promp�ly by Borrflwer.
<br /> Unl�ss Lender and Borrav�er o�herwise agree in wri�ing, insurance proceeds shal� be applied �o res�orat�on or
<br /> repa�r of�he Properry damaged, if, in Lender's sole discr��ion, �he res�oration �r repaix �s ecanomical�y feas�ble
<br /> and Lender's secur��y is no� Iessened. �f, in Lender's �ole discretion, the res�Qration or repa�r �s nat econom��ally
<br /> feasib�e or Lender's secur�ty wou�d be Iessened,the insurance pr�c�eds sha1l be appli�d t�the sums secured by this
<br /> Securifiy �nstrument, whe�h�r ar na� then due, v�i�h any ex�ess pazd �o Borrovver. �f Borrflvver abandons the
<br /> Property,flr does no�answen w��h�n�he numb�r of days prescribed by Appiicab��Lavv as se�forth zn a no�ice from
<br /> Lender�o Borrower�ha�the �nsuranc� carr�er has offer�d�o set�Ie a claim, �hen Lender may collect the insurance
<br /> pr�ceeds. Lender may use �he proceeds �fl repair or res�ore the Propert� or�o pay sums secured by th�s Security
<br /> �nstrument,whether or not then due.The per�od of�ime for Borrov�er t�answer as set for�h�n the natice will�egin
<br /> v�hen�he notice�s given.
<br /> Unless Lender and Barrov�er o�herwise agr�e �r�writing, any app�ication of proceeds�n principa� shaX�not�xtend
<br /> or pos�pane the due date of the payments due under�he �ontract or change �he amoun�of the paymen�s. �f under
<br /> the sect�an titled A�ce�erat�on; Remedies, the Proper�y is acquired by Lend�r, Borrower's righ��o any insurance
<br /> polic��s and proceeds r�sul��ng from damage �o the Proper�y prior�o the acquisi�ion shall pass �o Lend�r�o �he
<br /> extent flf the sums secured by this Security Instrumen�i.mmedia�ely prior�o the acquisi�ion.
<br /> Pres�r�ation, Maintenan�e and Protection �f the Property; Borrower's Loan Appl�cat�on; Leaseh��ds.
<br /> Borrower sha�l na�des�r�y, damage ar impair�he Property, a11�w the Pr�per�y�o de�eriora��, ar camm��vvaste an
<br /> �h�Properry.Borrower shal�be in defauX��f any f�rfeiture a��i�n or pra�e�d�ng,whe�her civil or cr�minal,xs�egun
<br /> �ha� in Lender's good faith j udgment could resu�t in farfeiture of�he Proper�y ar otherwise materia��y impair�he
<br /> �i�n cr�ated by th�s Securi�y rnstrumen� or Lender's secur�ty interest. Borrov�er may cure such a defaul� and
<br /> reinsta�e, as provided �n sec�ion t�tled I3orrower's Righ� �o Re�nstate, by causing�he actr�n or proce�ding�o be
<br /> dism�ssed with a rul�ng�hat, �n Lender's gond faith determina�ion,preclud�s forfe�ture of the Borrower's�nterest�n
<br /> the Praperty or o�her materia� impairmen� of the Iien crea�ed by this Securi�y �nstrument or Lender's securi�ty
<br /> in�erest.Borrower shal�a�sa be xn default xf Bflrro�er,durrng the�flan application process,ga�e ma�er�a��y false or
<br /> ina�curate infarmation or s�atements to Lend�r �or fa��ed to prov�de Lender vvr�h any mater�al information} in
<br /> connec�ion vvith the Ioan e�idenced by the �ontrac�. �f�his S�curity Instrumen� �s an a Ieasehold, Barrower sha��
<br /> comply wi�h a���he pra�is�ons af the lease.If B�rrov�er a�qu�res fe��i�le to�h�Proper�y,the Ieaseh�ld and th�fee
<br /> �it1e sha11 no�merge un�ess Lender agrees to the merger�n writing.
<br /> Protect�an af Len�er's R��h�s �n �hQ Praperty. �f Borrower fails �o perfflrm the covenants and agreem�nts
<br /> contai�ed in�h�s Securxty�n�trumen�, �r there �s a Iega�praceeding tha�may sign�f�cantly affe�t Lender's rzghts �n
<br /> the Proper�y �such as a proceeding Tn bankrup�cy, probate, f�r condemnat��n or fflrf�iture �r ta enforce laws ar
<br /> regula�ions}, �hen Lender may do and pay for whate�er is necessary �o prfltec� �he �a�ue af the Pr�per�y and
<br /> Lender's r�ghts in�he Proper�y. Lender's ac��ons may�nclude paying any su.ms secured by a 1i�n vvhich has pr�orxty
<br /> o�er this Secur�ty�nstru.men�:,appear7ng in cour�,p�.ying reasona�Ie attorn�ys'f�es and en�ering on the Property to
<br /> make repairs.Although Lenc�er may take action under�his se��ion,Lender does not have�o do sa.
<br /> Any amounts disbursed by Lender under �h�s sec�inn shal� becom� addi��onal deb� af Borrower s�cured by this
<br /> Security Instrumen�. Unless Borrower and Lender agree t� a�her �erms of payment, these amoun�s shall bear
<br /> C�2404-2�l4 Complian�e 5ystems,Inc.4958-7456-20I 3L�.3.I,803
<br /> Consumer Real Es#ate-SeGur�ty instrur�ent DL243� Pa�e 2 of 5 www.complian�esystems.cam
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