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<br /> Payment of Pr�in��pa�and Interest; �ther�harges,Borrower shall promp��y pay when due�he principal of and
<br /> in�erest on�he deb�ovved under the Contrac�and la�e charges or any other fees and charges due under the�ontract.
<br /> Applicable Law. As used in this Securi�y �ns�rument, �he term "Appli�able La�v" shall mean all cantralling
<br /> app�icable federal, state and loca� sta�utes, regulatians, ordinances and adm�nistrat�ve ru�es and orders ��ha�have
<br /> the effect of lavv}as wel�as a11 applicab�e f na1,non-appealable judicial�pin�ons.
<br /> Charges; Li�ens. Borrower sha�l pa� aIl ta�es, �SSeSSnl�n.t5y �harges, fines and imposi�ions at�ribu�able �o the
<br /> Property whzch may attain priar�ty over�his Se�urity�nstrument, and�easehald payments or ground rents, if any.
<br /> At the r�quest af Lender,Borro�ver sha�l pramptly furnYsh t�Lender receip�s e�idencing the payments.
<br /> Borrower sha��promp��y discharge any ��en�vhich has priori�y over this S�curi�y 7nstrument un�ess Borrower: �a}
<br /> agrees in vcr�-x�xng to �he paym�n� of�he obliga�ion se�ured by the �i�n in a manner accepta�le �❑ Lender; �h�
<br /> contests in gaod fai�h the lien by, or defends against enforcemen� of�he �ien in, I�gal proceedin�s wh�ch in the
<br /> Lend�r's opinion operate �� prevent �he enforcement of�he Iien, or �c} secures from �he holder of the lien an
<br /> agreemen��a�isfactory to Lender subordinating the Iien to �his Securifiy rns�rument. Zf Lender de�ermznes tha� any
<br /> par�of the Property is subj e�t to a lien which may a�tain priari�y o�er this S�curity Ins�rumen�, L�nder may give
<br /> Borro�ver a no�ice ident�fying�he �ien. Borro�ver sha1� sa�isfy the lien ar take one or more of the ac�ions set for�h
<br /> abo�e wi�hin 1�da�s of�he�i�ring af nat�ce.
<br /> Hazard or Property InsurancQ,Barrovver sha1� keep the impravemen�s now existing ar hereafter er�c�ed on the
<br /> Property insured agains��oss by fire,hazards inc�ud�d wi�hin the term"ex��nd�d c�verage" and any other ha2ards,
<br /> inc�uding floods ar flo�ding, for which Lender requires i�surance. This insurance shall be mainta�ned in �he
<br /> amaunts and for�he periods tha�Lender requ�res. The�nsuran�e carrier providing the insurance sha�l be chasen�y
<br /> Borrower subject to Lender's approval which shali nflt be unreasonab�� wi�hhe�d. If Borrower fails �a ma�n�a�n
<br /> cflverage described above, Lender may, at Lender's apt�on, abtain �overage to pro��ct Lend�r's r�ghts in �he
<br /> Praperty xn accor�iance vvith sec�ion�i�tled Pratection of Lender's Rights in the Praperty.
<br /> A�l insurance policies and ren�wals sha�l be accepta�le �o Lender and shall inc�ude a s�andard mar�gage clause.
<br /> Lender sha�1 have�he r�ght ta hold the policies and ren�wa�s. If Lender requires,Borra�ver shal�promp�ly give to
<br /> Lender a��receip�s af paid premiums and rene�ral notices. In�h� �ven�of�oss, Borrower shall g�ve prompt notice
<br /> �o the�nsurance carr�er and L�nder.Lender may make proof af Ioss�f n��made prompt�y b�Borrower.
<br /> Unless Lender and Borrt��ver otherwise agree in �vriting, insurance proceeds shall be app�zed �� res�oratzon �r
<br /> repair af�he Property damaged, �f, in L�nder's sole d�scret�on, the restorati�n or repair is �conomically f�asib��
<br /> and Lender's s�curi�y is not less�ned. Tf, in Lender's sole discre��on, the restoration or repa�r�s n�t economica�Iy
<br /> f�asib�e or L�nder's secur�ty would be lessened,th�insurance proceeds shall�e applied to the sums secured b��his
<br /> Secur�ty Instrumen�, wh�ther or not then due, vvith any excess pa�d �o BorroWer. If Borrower abandons the
<br /> Property,or does no�answer�vithin th�number of day�pr�scribed by App��cab�e La�v as se�forth in a not�ce fram
<br /> Lender�o Borrower�hat the �nsuranc� carrier has offered to settie a c�aim,�hen Lender may collec��he xnsurance
<br /> proc�eds. Lender ma�use �he proceeds ta r�pa�r or res�or� �he Property or�o pay sums secur�d by�h�s Security
<br /> Znstrurnent,whe�her ar not�hen due.The period of time for B�rrower ta answer as set for�h in�h�no�ice wi�l begin
<br /> When the notice is g�ven.
<br /> Unless Lender and Borrower o�herwise agree in writing, any applicati�n�f proceeds to pr�ncipal shall no�extend
<br /> or postpane�he du� da�e of the payments due under th� �ontrac�or Change�he amount of the paym�nts. �f under
<br /> the section titled Accelerat��n; Remed�es, �he Praperty is acquired by Lender, Barrov�rer's right t� any in�urance
<br /> pol�czes and proceeds result�ng fram damage to th� Proper�y pr�or �o the acquisition sha1� pass to Lender to �he
<br /> ex�ent of the sums secured by th�s�ecuri�y Ins�rument�mmediately pri�r t��he acqu�sztion.
<br /> Preservatian, Maintenanc� and Protectian of the Praperty; Bflrrower's Laan Applica��oxa; Leaseho�ds.
<br /> Borrower sha11 not des�roy, damage or impair the Praperty, a��ovv�he Property�o de�eriorate, or commi�waste on
<br /> the Proper�y. Borrower sha�I be�n defaul�if any farf��ture action or proceeding,�vhether ci�il❑r cr�rnina�,is begun
<br /> �hat in Lender's good fa�th j udgm�nt could resul�t in forfei�ure of�he Properfiy or othe�-�rise mater��.�ly impair�he
<br /> �ien crea��d by this Security �ns�rumen� or Lender's security interest. Borrower may cure such a defau�t and
<br /> reinstate, as pr�vided in section tit�ed Bflrrower's �ght to Reinstate, �by causing the acti�n or praceeding�o be
<br /> dismissed With a ruling�hat, in Lender's good fai�h determznation,prec�udes forfei�ure of th�Borrovver's interest�n
<br /> the Proper�y ar �ther ma��rial impairment �f the �ien crea�ed by �his Security Ins�rument or L�nder's secur�ty
<br /> in�erest.Borrower sha��also be in defaul�if Borrow�r,during�he loan app�icat�on process,gave mater�a�ly false�r
<br /> rnaccurate �nf�rmation or st�.temen�s ta Lender �or failed �o provid� Lender vvith any material ��zformat��n} in
<br /> connection vvith�he loan evidenced by�he �on�ract. �f this Security Instrumen� is on a I�asehold, Borrawer shal�
<br /> comply wi�h al��he provisians of�he lease. �f B�rroWer acqu�res fee�itl��a�he Property,the leasehaXd and the fee
<br /> tit�e shail not merge unless L�nder agrees�o th�merger�n writ�ng.
<br /> Protection of Lender�s Rights in the Praperty. �f Borrower fa�is t� perform �he c�venants and agreements
<br /> cantained in�his Securi��ns�rumen�, or there is a legal prace�ding�ha�t may signif�cari�ly affec�Lender's righ�s�n
<br /> the Proper�y �such as a pr�ceeding in bankrup�cy, probate, for condemna�ian or forf�i�ure or to enfor�e laws or
<br /> regulations}, then Lender m�.y do and pay for wha�ever is nec�ssary to pro�ec� �he valu� of th� Praper�y and
<br /> Lender's righ�s zn�he Propert�. Lender's actions may include pay�ng any sums secured by a�ien which has prior�ty
<br /> over this Security Ins�rument,appearing in court,paying reas�nable attorneys'fees and entering on�he Proper�y ta
<br /> make repairs.Alth�ugh L�nder may take ac�i�n under this section,L�nder does not have�a do sa.
<br /> Any amounts dxsbursed �y Lender under �his s�ction shall b�com� addi�ional debt flf Barrower s�cured by thxs
<br /> S�curity �nstrument. Unless Borro,wer and Lender agree �o vther t�rms of payment, these amo�nts sha11 bear
<br /> �2404-2UI4�ampliance Systems,Inc.49S$-3333-2413L2.3.1.$Q3
<br /> Consumer Reai Estate-Security Instrumenc DL243d Page 2 of 5 www,camplianc�systems.corra
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