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��15��141 <br /> Payment of Princ�pa�and Interes�; ��her Char�es. Borrower shall promptly pay when due�he prir�cipal of and <br /> interes�on the de�t�v�ed under�he�ontract and 1a�e�harges ar any other f�es and charg�s du�under the Contrac�. <br /> Applicab�e Lativ. As used i.n. th�s Security �nstrument, �he term "Applicable Law" sha�I mean a11 cantro�ling <br /> app�icable federal, s�ate an� �ocal statu�es, regula�ions, ordinan�es and administrative ru�es and orders ��hat have <br /> the effect of lav�}as well as al�app��cable fina�,non-appea�ab�e judicial opirrivns. <br /> �harg�s; Liens. Borrov�er shal� pay all �ax�s, assessm�nts, charges, f nes and �mpos�tions a�tributable to the <br /> Prop�r�v�h�ch may attain priority a�er th�s Security �nstrument, and Ieas�h��d paymen�s or ground ren�sy �f any. <br /> At the request of Lender,B�rrower shall pramptly furnish�a Lender recexpts ev�d�ncing the payments. <br /> B�rro�v�r shall promp�Iy di5�harge any lien v�hich has priority oWer this Security�nstrumen�un�ess Borrovver: �a} <br /> agrees zn writing to the pa�m�nt of�he obliga�i�n secured by �he �ien i� a manner acceptable �o Len�er; �b} <br /> contests in goad fai�h �he lien by, flr defends agarns� enfor�ement of the �ien in, �egal proceed�ngs which �n�he <br /> Lender's opinion opera�e to pre�ren� �he �nforc�men� of the lien; or �c� se�ures from the halder of the ��en an <br /> agre�men� satisfactory to Lender subordinating�he �ien�o this Securi�y Instrumen�. If Lender de�erm�nes�ha�any <br /> par� of the Property �s subj ect to a Iien wh�ch may at�ain pr�ority ��er�his Securifiy rnstrument, L�nder may gi�e <br /> B�rrov��r a n��ice identify�ng the Ii�n. Borrower sha�� sa�xsfy the �xen or take one �r more of the ac��ons se� fnr�h <br /> above wi�hin ��days of�he gi��ng of notice. <br /> Hazard vr Prvper�y Insurance. Borrav��r sha�1 keep the improvements nQw existing or hereafter erected on the <br /> Proper��nsured aga�ns�I�ss by fire,hazards included w��hin the term "ext�nded coverage" and any a�her hazards, <br /> in��uding floods or flood�ng, for which Lender requrres insuranc�. This insurance shal� be maintain�d �n the <br /> amaun�s and for the periods�hat L�nder r�quires. The insuran�e carr�er prov�ding�he�nsuran�e shall be chosen by <br /> Barrower subje�t t� Lender's appr��al which shall not be unreasonably �aithhel�.. If Borrawer fails to mainta�n <br /> coverage described ab�ve, Lender may, afi Lender's option, ob�ain c�verage �o protec� Lender's rxghts in the <br /> Properfiy i.n accordance wi�h section t��1ed Prot�ct��n of Lender's Righ�s in the Property. <br /> A�1 insurance po��cies and renewals sha�l be acceptable to Lender and sha�l �ne�ude a s�andard mor�gage c�ause. <br /> Lender shall ha�e th�right�o hfl�d�he policies and renewa�s. �f Lender requ�res, B�rrower sha�l pr�mp�Iy g�ve�o <br /> Lender al�receipts �f paid premiums and renev�al not�ces. �n the event of 1�ss, Barrov�er shal�g�ve prompt no�ice <br /> -to the�nsurance carrier and Lender.Lender ma.y make proof of�oss if na�made promp�Iy by Barra�er. <br /> Un��ss Lender and Barrnw�r otherwise agree �n wri��ng, �nsurance proce�ds shall be applied �o restora�z�n or <br /> repa�r �f the Prap�rty damaged, if, i.n Lender's sole discr��ion, the restoratian or repa�.r is econamica��y feas��le <br /> and Lender's security is n�t lessened. If, �n L�nder's sale discretion, the restoration gr repair is no� economi�ally <br /> f�asi���or Lender's security�vauld be Iessene�,�he insurance proce�ds shal�be applxed to the sums secured by�h�s <br /> Secur��y Instrumen�, whether flr not then due, vvith any excess pa�d �o Borrower. If Borrower abandons �he <br /> Pr�per�y, or does not answer vv��h�n the numb�r of day�pxescrib�d by Appl�cable Law as se�f�rth�n a n���ce from <br /> Lender to Borra�ver t�iat the �nsurance carrier has offered ta set�Ie a claim, �hen Lender may callec��he insurance <br /> proce�ds. Lender may use �he proc��ds to repair or res��re the Proper�y �r ta pay sums secured by this S�cur�ty <br /> �ns�rument,whe�her or not then due. The period of�xme for Borro�nrer to answer as se�for�h�n the n�tice w���begin <br /> v�hen�h�notice is gi�en. <br /> Unless Lender and B�rrfl�er other�vise agree in wr�ting, any appli�at�an af pr�ceeds to principa� shall no�ex�end <br /> or postpane�he due da�e of the payments due under the �on�ract or change the amflun�of�h� payments. �f under <br /> the sec�ion t�tled Accelerat��n; Remed�es, th� Froper�y is acqu�red by Lender, B�rr�wer's righ�to any �nsurance <br /> po�i�ies and proc�e�is resul�zng from damage to �h� Proper�y priar�o �he acqursi�ion sha�l pass �� Lender to �he <br /> extent of the sums secured b��his Se�urity�ns�rum�nt immedia�e�y prior�o�he acquisition. <br /> Preserv�tivn, Ma�ntenanc� and Pratect�on of �he Prvperty; Borrower's Loan Appiicat�an; Leaseholds. <br /> Borrower shall no�destroy, damage or�mpair the�roperty, allov��he Prop�r�y�o deteriora��, or c�mm�t vvaste on <br /> �he Proper�y.Borrower shal�be�n defau�t�f any forfeiture ac��on ar proceeding,whe�her ci��I or criminal,is begun <br /> that in Lender's good fai�h judgrnent could resu�t in forfeiture of�he Praperty or otherw�se ma�eriall� �mpa�r�he <br /> I�en �reated by this Security �nstrum�n� or Lend�r's security inter�st. Borrower may cure such a default and <br /> reinstate, as pro��ded in se��i�n t�t�ed Borrower'S Righ�to Reins�a�e, by causing�he actzan or prQc�ed�ng ta be <br /> dismissed with a ruling�hat, in Lender's good fai�h de�erminati�n,precludes forfeiture of the Borr�wer's interes��n <br /> the Properry flr other materiai impairment �f�he �xen �rea�ed hy this Se�urity Ins�runlent or Lender's security <br /> in�erest.Borrawer sha�l also be in defaul�if B�rr�w�r,durYng the�oan app�i�a�ion process,gave ma�er�aliy fa�se or <br /> inaccurate informat�on or stat�ments to Lend�r �or fail�d to pravide Lend�r w��h any ma�erial informat�an} in <br /> cann�cti�n w��h the �oan e�idenced by�he Contrac�. �f�his Security Ins�rumenfi �s an a leasehoXd, �orrow�r shall <br /> comp�y�vi�h all th�pro�is�ons of the�ease. If Borr�v�er acqu�res fee���1�to�he Property,the leaseh�ld and�h�fee <br /> title shall noti merge un��ss Lender agre�s to the m�rger in wri�ing. <br /> Protection of Lender's R�ghts in �he Prop�rty. If Borrower fails to p�rform the co�enan�s and agreements <br /> canta�ned�n�his Securi�y�nstrumen�t, ar there �s a Iega�proceed�ng that may signif�cantly aff�ct Lender's r�ghts in <br /> �he Proper�y �such as a proce�ding in �bankruptcy, proba�e, far condemnation ar forfe�ture ar�fl enf�rce �aws or <br /> regula�ians}, then Lender may d� and pay f�r whafe�er is necessary �o pro�ec� the value af�he Proper�y and <br /> Lend�r's r�gh�s in the Proper�. Lender's ac�ions may inc�ude paying any sums secured by a�i�n which has prYor��y <br /> o�er th�s Secur��y Instru.m�n�, appearing in cour�,paying r�asonable a�torne�s'fe�s and en�ering Qn�he Pr�perty ta <br /> make repairs.A�though Lender may take a���ox�under this section,Lender d�es not have�o da so. <br /> Any amounts disbu�-sed by Lender under this secti�n sha�l became additi�nal de�t �f BQrrower secured by this <br /> Security �ns�rument. Unless Borrower and Len�er agree to other terms of payment, thes� amoun�s sha1T bear <br /> C�2aQ�4-20I4 CorrtpIiance Systems,Inc.FD60-C31 A-2fl 13L2,10,1,8g5 <br /> �onsumer Real Estace-Se�urity Instnamer�t DL2a3G Page 2 of 5 �vww,campliancesystems.cflm <br />