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<br /> Borrower vvarran�s and vvi�� defend general�y the titl� �a �he Proper�y agarnst a�l c�azms and demands, subj e�� to
<br /> any�n�umbrances of rec�rda
<br /> Borrower and Lender cav�nant and agree as fa�lows:
<br /> Payrnent of Principal and]�nt�rest; Qther�harges,Borro�vver shall prompt�y pay when due the princ�pa�of and
<br /> in�erest on the deb�o�ved under�he�an�ract and late c�arges or an�other fees and�harges due und�r the Contract.
<br /> App�icab�e Law. As used in �his Security �nstrumen�, �he t�rm "App�icah�e Lav�" shall mean al1 controlling
<br /> app�icab�e federa�, sta�e and �acal s�atutes, reguTa���ns, ordinances and admin�stra�ive rules and orders �th.at have
<br /> �he effe��of Iaw}as well as aIl app�icable final,nfln-appealable judicial apinions.
<br /> �harges; Liens. Sorravuer shal� pay alI �ax�s, assessments, charges, f nes and �mpositions at�ribu�ab�e to �he
<br /> ProperCy wh�Gh may at�a�n priarity��er�his 5ecurity��s�rument, and �easeh�ld paymen�s or ground ren�s, if any.
<br /> At the request of Lender,Borr�Wver shal�pr�mptly furnish to Lender receipts ev�denc�ng�he paymen�s.
<br /> Borraw�r shall promp�ly d�scharge any lien which has pri�r�ty aver this Se�urity�nstrum�n�un�ess Borr�wer: �a}
<br /> agrees in wr��ing to the pa�ment of�he obl�ga��on secured by �he lien in a manner acceptable to Lender; �b�
<br /> contes�s in gaod fa�th the �i�n by, or defends agains� enforcement of�he �ien in, legal praceedings which in the
<br /> Lender's opinion opera�e t� prevent the enforcemen� of�he lien; or �c� secures from �he ho�der of�he l�en an
<br /> agreemen�satisfa�tory t❑ Lender sub�rdina�ing�he lien�o this Secur�ty Instrum�n�. If Lender de�ermin�s�ha� any
<br /> par� of th� Praperty �s suhj ect�� a lien vwh�ch may at�ain priority o�er�his S�cur�ty �ns�rumen�, Lend�r may giv�
<br /> Borrovuer a noti�� iden��fying�he ��en. Borrower shall satisfy the lien or�ake �ne or m�re of the actions set for�h
<br /> abo�e wi�hin 14 days of�he giving of nat�ce.
<br /> Hazard or Praper�y Insurance. Borrow�r shal��Ceep the impro�ements na�v exis�ing or hereafter erected an the
<br /> Property insured against loss by fre,ha2ards inclu�ed within�he term"extended cfl�erage" and any other hazards,
<br /> in�lud�ng floads or fl�odin�, far wh�ch Lender zequires �nsurance. This insurar�ce shall b� maintained in the
<br /> amounts and for the peri�ds�ha�Lender requ�res. Th� insurance carrier pr��iding�h�insuranc�shal�be�hasen by
<br /> Borrower subj ect �� Lender�s appraval which shall not be unreasonab�y wi�hheld. �f Borrawer fails to maintain
<br /> �o�erage described abo�e, Lender may, a� Lender's op��on, obtain co�erage �� protec� Lender's righ�s �n �he
<br /> Properry in accardance wi�h section ti�led Protection of Lender's Righ�s in the Property.
<br /> Al� insurance pflli�ies and rPnewals sha�� b� aC�eptah�e t� Lender and shall �nclude a s�andard mor�gage clause.
<br /> Lender shall have�he r�ght t�hold�he policies and renewals. �f Lender r�qu�res,Borrower sha1�pr�mp�Iy giv��o
<br /> Lender aIl rec�ipts of paid premiums and renewa�notices. �n�h� even�af�oss, B�rr�wer shall g��e prQmpt n��zc�
<br /> �a the insurance carrier and Lender.L�nder may make�roof of loss if nat ma�e pr�mptly by Borra�er.
<br /> Unless Lender and Borrow�r �therwise agree in vvriting, insu.rance pr�cee�s shall be app��ed �o restoration ar
<br /> repa�r of�h� Property dama�ed, if, in Lender's sole dis�retian, the restora�ion or rep�.ir �s econom�cally feasible
<br /> and Lender`s s�cur�ty is not �essen�d. �f, xn Lender's sole d�scretion, the r�stara��on ar repair is n�t econom�ca�Iy
<br /> feasible or Lender's se�ur�ty vvould be lessened,�he�nsurance prQceeds sha�l�e applied to the sums secured by th�s
<br /> Se�urity �nstrumen�, vvhe�h�r or not then due, wi�h any excess pard �o Borrower. If Borrower abandons the
<br /> Property,ar does na�ansv�er wi�hin�he num�ber of days prescribed by App�icabl�Law as se�forth in a notice fram
<br /> Lender to Borr�wer that the insurance carrier has offered ta set��e a c�aim, then Lender may collect�he xnsurance
<br /> proceeds. Lender may use the pro�eeds to repaxr or restore �he Prop�rty or�fl pay sums secured by th�s Se�urity
<br /> �nst�rument,whether�r not�hen due.The peri�d of t�me for Bflrrawer to answer as set for�h in the n��ice�v�ll�egin
<br /> when�he natice�s gi��n.
<br /> I.]�nless L�n�er and Borrower otherv�ise agree in vvriting, any app�icati�n of proceeds�o pr�ncipal shall not e�tend
<br /> or postpone the due da�e of th�payments du� under�he Con�rac�or change the amaun�af the paym�nts. �f under
<br /> the section t�tled Acceleration; Remedie�, �he Property is acqu���d by Lender, B�rrow�r's righ�to any insuranc�
<br /> pol�ci�s and proceeds resulting from damage tv �he Froperty prior to �he acquisition sha�I pass to Lender �o the
<br /> e�ten�of�he sums secured b�th�s SeeurYty Instrum�n�immedia�ely prior�o th�a�quisition.
<br /> Preservation, Main�enanc� and Pr�tection of the Property; Borr�wer's Loan Appl�cat�nn; Leaseha�ds.
<br /> Barrower sha1l no�des�roy, damage �r impair�h�Proper�y, allov��he Praperry�o de�eriorate, or commi�was�e on
<br /> �h�Praperry.Borrower sha�I i�e in defauit if any forfeiture ac�ion�r proceeding,whether c��il ar criminal,is begun
<br /> �ha� in Lender's goad faith�udgm�n� could result in forfei�u�-e of�he Property �r otherwise materially impair�he
<br /> ��en crea��d by th�s Securit� Instrumen� or L�nder's security in�erest. Borrflw�r may cure such a default and
<br /> r��.nsta�e, as pro��ded i.n se��ion ti�l�d Borrower's Right tv Reinstate, by�ausing�he a�tion or pr�ceed�ng�o be
<br /> dism�ssed wi�h a ruling�hat, �n Lender's gofld faith determ�na��on,pr�cludes forfezture flf�he Borravver's�n.�eres�in
<br /> �he Property flr o�her mater�al impa�rment of�he l��n crea��d by �his Secur��y rnstrument or Lender's secur�ty
<br /> �nteres�.Borrower shall aiso be�n default if Borrower,during�he laan appl�ca�ion process,gave materia�ly false or
<br /> inaccura�e informa�ion or s�atem�nts ta Lender �or failed �o pravide L�nder w��h any ma�erial informa�ion} in
<br /> connec�i�n u�ith the laan e��denced by the �ontract. If�his S�curi�y Ins�rument rs on a leaseh��d, Borrawer sha1l
<br /> comp�y v�i�h al��h�proWisions of th�lease.rf Borrov�er acquires fee title�o the Pr�perty,the�easehold and the fee
<br /> �i�Ie shall n�t merg�un�ess L�nder agrees to the merger in wr��ing.
<br /> Pratecti�n of Lender�s Rxgh�s �n the Prager�y. If Barro�er fails �o perform th� co�enants and agreemen�s
<br /> contained�n this Security�nstrument, or�here is a l�gal proc�eding that may sign�f�cantly affect Lender's righ�s in
<br /> �he Propert� �su�h as a prac�eding �n barikruptcy, pr��ate, for c�ndemnation or forfe�ture ar to enforc� laws or
<br /> regula��ons�, then Lender may do and pay for �ha�ever �s necessary to prote�t the vaiue �f�he Pr�p�rty and
<br /> Lend�r's rights in the Property. Lender's ac�i�ns may rnclude paying any sums secured by a lien vvhich has priority
<br /> Cc�2QD4-2014 Camglianc�Systems,Ir�c.4958-F553-2�13L�.3.1.8Q3
<br /> Cans�mer Real Estate-Sscurity Instrument I]L2Q3b Pa�e 2 of 5 www.campiian�esystems.c�m
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