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<br /> App�icabie LavW. As used ir� this Se�urity Instrum.en�, �he term "Appl�cab�e La�" shal� mean a11 contr�Iling
<br /> appl�cable federal, s�a�e and l�ocal statu�es, regula�i�ns,_ordinances and adm�n�stra�ive rules and orders �tha�hav�
<br /> the effect of law}as we�l as a�l applica�ble final,non-appealable�ud�c�a��p�n�ons.
<br /> Charges; Liens. Borrawer sha1� pay aIl ta�es, assessmen�s, charges, fines and zmpos����ns attri�utab�e to �he
<br /> Praperty which may at�ain priority o�er this Securi�y �nstrumen�, and�easehoXd paymen�s or ground rents, if any.
<br /> At the reques�flf Lender,Borrov�er sha11 promp�ly furnish�o Lender re�e�p�s e��denc�ng�he paynlen�s.
<br /> Borr�wer shall rom tl discharge any �ien wh�ch has pr�ority over�his Secur�ty�nstrumen�un��ss Borrav�er: �a�
<br /> P P Y
<br /> agrees �n wri�ing to the paym�nt of the �bligation se�ured by the �ien in a manner accep�ab�e to Lender; (b}
<br /> cantes�s in g�od fai�h t�e ��en by, or defend� against enforc�men� of�he �ien lla, �egal proceedings which in�he
<br /> Lender's apinion operate t� pre�ent �he �nforcexnen�t Qf�he �ien; or �c) se�ures from the ho�der �f the ��en an
<br /> agre�ment sa��sfac�ory to Lender su�ardinat�ng the l�en t��his Security �ns�rument. If Lender determ�nes tha�any
<br /> part of�he Propert}� �s subj ec�t� a ��en wh��h may a�tain pr��ri�y n�er�h�s Security�nstrument, Lender may g�ve.
<br /> Borrov�er a not�ce iden�ifyin��he lien. Borrower shal� sa�isfy�he �1en vr�a�e ane flr nlore of�he ac��ons set f�r�h
<br /> abave within �D days flf�he gi.ving�f n�tiCe.
<br /> Hazard or Praperty Insura��ce. Borrower shall�eep�he improvements now exist�ng or hereafter erected on the
<br /> Praper�y�nsured against loss�y fre,hazards�nciuded vv��hin�he�erm"ext�nded coWerage" and any�ther hazards,
<br /> including floods or flooding, for whi�h Lender requires lnsurance. This �nsurance shal� be maintained in �he
<br /> amoun�s and for the per�ods t�aa�Lender r�quires. The�nsurance carr�er pr�vid�ag the znsurance sha�l be chasen by
<br /> B�rrov�er subject to Lender's� appro�al which sha�l n�t be unreas�nably v�i�hheld. �f Borrower fails to maintain
<br /> c�vera�e descr�bed a�ove, Lender may, at Lender's �p�ion, ol�tain �o�erage to pro��c� Lender's righ�s in �he
<br /> Proper�y in accordance wi�h sec���n ti�led Pr�tectian❑f Lender's R�ghts in th�Prop�rty.
<br /> A�l insurance polic�es and renev�a�s sha1� be ac�epta��e �a Lender and sha1� �nclude a standard mortgage �Iause.
<br /> L�nder shall ha�e the right to�hold�he p�licies and renewals. �f Lender requ�res, Bonro�er shail promptly gi�e t�
<br /> Lender a�l receip�s flf pa�d premiums and renewal noti�es. �n�he even�of Ioss, Borrov�er shall gxve prompt n�tice
<br /> ta the insuran�e�arrier and L�ender.Lender may make praflf of loss if not made promp�ly�y Borrov��r.
<br /> Unless Lender and Sorrowe:r ��herv�ise agree in wri�ing, insurance proCeeds shall l�e applied to res��ratifln or
<br /> repair of the Properry dama�ed, if, �n Lender's sole d�scre��on, �he�res�orat��n or repa�r is ec�n�m�cally feasib�e
<br /> and Lender's security is not lessened. �f, in Lender's s�le d�scret��n, �he rest�ration or repair �s not econom.�cally
<br /> feas�bl��r Lender's securi��u�uld be�essened,the�nsurance pr�c�eds sha1�be appl�ed�a the sums�ecured by�his
<br /> Security Instrumen�, whethe� �r not �hen due, wi�h any ex�ess paid to Borrower. If Barrower aband�ns �he
<br /> Prflperty,or does nat answer v�ithin the number of days pres�r�bed by Applicable Lav�as set fflr�h in a not��e fr�m
<br /> Lender�a Barro�er tha��he insurance carrier has affered ta se�t�e a claim, then Lender ma� col�ec�the �nsurance
<br /> proceeds. Lender may use �he pr�ceeds�o repair �r res�ore �he Praperty or to pay sums s�cured by this Securi�y
<br /> �nstrument,whe�her or not th�n due.The periad af time for B�rra�ver to answer as set forth in the notice wi11 beg�n
<br /> v�hen the no�ice is gi�en.
<br /> Unless Lender and Borrawer�atherwise agree in writ�ng, any appli�a�i�n of prQceeds�o principal shall nvt ex�end
<br /> or postpane the due date of the payments due under�he �antract or change the amount of�he payments. If under
<br /> �he sec��on�itled A�ee��ratian; Remedies, the Pr�perry is acqu�r�d by Lender, B�rrower's r�ght�o any insurance
<br /> pal�c�es and pro�eeds resu�ting from damage to the Property priflr ta �he aCquisitifln shal� pass to Lender �o �he
<br /> extent of the sums secured b��his Secur�ty�nstrumen�immedxa�ely pr�or�a�he acquisit��n.
<br /> Preser�ation, Ma�ntenance and Protection of the Praperty; Barr�wer's Lflan App�ication; L�aseho�ds.
<br /> B�rrov�er shall no�destro�r, damage �r impa�r the Pr�perry, allow�he Property�o deterxorate, or cammit v�aste on
<br /> �he Prap�rty.Bnrrower sha�l be in d�fault if any fflrfei�ure a���an ar prviceeding,whether ci�ril�r crimina�,is begun
<br /> that �n Lender's good faith�u�gment could resul� �n farfei�ture of the Property ar a�her�r�se material�y impair the
<br /> Iien created b� �his 5ecuri�,� �nstrument or Lender's �ecurity interes�. Borrower may cure such a defau�t and
<br /> re�ns�a�e, as provided in sec�ian�itled Borrower's �tig�t to Reinstate, �y caus�ng the action or proceeding��be
<br /> dismissed w�th a ruling�hat, in Lender's go�d fa��h determinatian,prec�udes forfei�ure af the Borrower's in�eres��n
<br /> the Prop�rty or a�her ma�eria� impa�rment of the �ien created by this Security �nstrument ar Lender's security
<br /> in�erest.B�rrower shal�a�so be�n defaul�if Borro�ver,dur�n�the loan app�ication pracess,gave materia�ly false or
<br /> inaccurate �nformation or statements �o Lender ���- fa�led to pro�ide Lender wi�h an� materia� infarma�ion} in
<br /> �annection vvi�h the loan e�idenced by�he �ontrac�. �f�his Securi�y �nstrument is �n�a�easeho�d, �arrawer shal�
<br /> cflmp��v�ith a11 the pr��isions of the�ease. If Borrawer acquires fee�i�Ie tfl the Pr�perty,the Ieaseh�ld and the fee
<br /> �i��e shall nat merge unless Lender agrees�tfl�he merger�n writxng.
<br /> Pratec�i�n of Lend�r's R.i�hts in the Prvpert�. �f Borr�wer fa�Is to perform the co�enan�s and agreements
<br /> c�n�ained in�his Securi�y�nstrum�nt, �r�here is a I�gal pr�ceeding tha�may s�gn�fcan��y affec�Lender's rights�n
<br /> the Property �such as a proceeding �n bankruptcy, probate, for condemnation or farfe�ture or�o enfvrce lavsrs or
<br /> regulat�ans}, �hen Lender may do and pay for r�vhatever is necessar� to pro�ect the value of the Praperty and
<br /> Lender's rights in�he Praperty. Lender's actions ma��nclude paying any sums secured by a��en vvhich has prior��y
<br /> o�er th�s Secur��.y Instrumen�:, appearing in cour�,pa�ing reasonable att�rneys'fees and en�erxng Qn the Pr�p�rty�o
<br /> make repairs.A��haugh Lenc�er may�ake actx�n under this sect�an,Lender does not have t�da sa.
<br /> Any amounts d�sbursed by ��ender under th�s sec��an sha�l be�ome addi�ional d�b� of Borr��er secured by th�s
<br /> Se�urity �ns�rument. Un�ess Borrower and Lender agree to o�her terms of paymen�, �hese amo�nts shal� bear
<br /> interest fro�ra. �he da�e af disburs�ment at �he same ra�e assessed on ad�ances under the Contrac� and sha�� be
<br /> payable,wi�h xn��rest,up�n����ice firom Lender t��orravver reques�ing paymen�.
<br /> Cp 2�44-2D]4 Compliance Systems,Inc.4958-5194-2�13L2.3.1.803
<br /> Cansurt�er Real Estate-Security Instrumer�t DI.Z�3b Pa��2�f 5 www.campiiancesysterns.carn
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