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<br /> Payment vf Pr�ncipaI and Interest; �ther Charges.Borrower shal�prompt�y pay v�hen due the principal of and
<br /> �nt�res�on the debt�w�d under�he Cantrac�and�a�e charges�r any other fees and charges due under�he C�ntrac�.
<br /> App�icable Law. As used xn this Security rnstrument, �he �erm "App��cab�e Law" shall mean all c�ntrol�xng
<br /> app�zcable federa�, s�a�e and Iocal statutes, regu�ations, ord�nan�es and administrative ru�es and orders �that ha�e
<br /> the effect af law}as well as ail applicable�na�,non-appea��.b���ud�cial opinions.
<br /> �harg��; LienS. Borrower sha�1 pay aIl ta�es, assessrr�en�s, charg�s, fines and imp�sztzons at�r�butable to the
<br /> Property wh�ch may a�tain pritiri�ty ��er�his Security�nstrumen�, and Ieasehold paymen�s or ground ren�s, if any.
<br /> A��he request of Lender,B�rrawer shal�promptly furn�sh ta Lender receipts evxdenc�ng the paymen�s.
<br /> Borrov�er shal�pr�mp�ly dis�harge any �i�n wh�ch has pr�or��y aver this Security Instruxnen�unless Borrov�er: �a}
<br /> agrees in ,t�vriting to the payment of the abliga�ion secur�d by the lien in a manner acceptable t� Lender; ��}
<br /> cantests in gaod fai�h the �ien by, or defends aga�.r�.st enforcemen� of the Iien in, legal proceedings Which in �he
<br /> Lender's opinron operate t� pre�ent the enforcem�nt of the �ien; ar �c} secures fror� the holder of�he ��en an
<br /> agreement satisfactory tfl Lender subardinating�he li�n t��his S�curxty Znstrument. If Lend�r de�ermines�ha� any
<br /> part of�he Property is subject ta a Iien wh�ch may attain pr�or�ty �v�r�hxs Secur�fiy Instrument, Lender may g��e
<br /> Borrov�er a notice ident�fying the �ien. Borrower shall satisfy the �ien or�ake one or more of th� actians set far�h
<br /> above���hin 1�days of�he gi��ng of n��ice.
<br /> Hazard or Praperty In�urance. Barro�er sha�X keep�he �mpro�emen�s now existing or hereafter erected an the
<br /> Property insured agaxns�loss by fire,ha�ards included�rithin�h��errr� "ext�nded coverage" and any other hazards,
<br /> inciudir�g �loods or fl�oding, for v�rhich Lender re�uires insuran�e. This insurance shall �� mazn�a�ned in �he
<br /> amounts and for the periods that Lender r�qurres. The insurance carr�er pravidi�x�.g�he insurance sha��be chasen by
<br /> Borrower sub�ect ta I�ender's approva� which shall no� be unreas�nably withheld. �f Barrawer fai�s �o ma�ntain
<br /> ca�erage described above, Lender may, a� Lender's op�ion, ab�ain co�erage to pratect Lender's rights �n �he
<br /> Praper�y in a�cordance v�i�h section�itled Protectian of Lend�r's l��ghts in the Praperty.
<br /> All insuran�e polic�es and renewals sha�� be accepta�le �a Lender and sha�� �nc�ude a standard mor�gage clause.
<br /> Lender shal�ha�e the righ��o hold�he po��c�es and renev�a�s. Zf Lender requires, Borrower shall promp�ly give�o
<br /> Lender aIl rece�p��of paxd premiums and renewal notices. In�he event of lass, Barrower sha��g��e promp�no�i�e
<br /> to the insurance carrier and Lend�r.Lender may mak�pr�af of loss�f not made prompt�y by Borrower.
<br /> �.,Tnless Lender and Barrower athervv�se agree �n. wr�ting, �nsurance proceeds sha�l b� applied to restoration or
<br /> repair �f the Proper�y damaged, �f, i.n Lender`s sole discre�ion, the restoratian or repair is ec�nom�ca�ly feasible
<br /> and Lender's security is not �ess�ned. �f, �n Lender's sole discre�ion, the restoratian flr repair �s not e�onom�cal�y
<br /> feasil��e�r Lender's secur�ty w�u�d be lessened,the insurance proc�eds shall�e applied to the sums secured by thx�
<br /> Secur��y �ns�rumen�, whether or not then due, ,with any excess pa�d tn Borr�v�er. If Borrower aban�ons �he
<br /> Property, or does not answer w�thin�he number of days p�escribed by Applicable Lav�as set forth in a notice from
<br /> Lender to Borrower�hat the insurance �arrier has offere�to settle a claim, then Lender may colle�t�he �nsurance
<br /> proceeds. Lender may use the proceeds �o repair flr res�ore �he Pr�per�y or to pay sums s�cured by�h�s Secur�ty
<br /> Ins�rument,v�he�her or n���hen due.The period of t�n�e for B�rrower�o answer as set far�h�n the n��i�e wi�I begin
<br /> when the n��iee is gi�en.
<br /> Un��ss Lender and Borrower otherwise agree �n�riting, any appli�a��on of proceeds to pr�nc�pa� sha��not ex�end
<br /> or pos�pane the due date of the paym.ents due under�he �ontrac�or change th� amount of�he payments. If under
<br /> �he sec�ion titled Acceierat�on; Remedie�, �he Proper�y �s ac�u�red by Lend�r, B�rrovver's righ��o any insuran�e
<br /> policies and proceeds resulting from damage �a the Pr�p�r�y pr�or to the acqu�s��z�n shall pass �o Lender to �he
<br /> ex��n�of�he sums se�ured�y this Secur�ty Instrument immediately pr�or�o�he acquisitian.
<br /> Preservation, Maintenan�e and Prote�tion of the Prtiperty; �3orr�wer�s Loan Application; Leaseholds.
<br /> B�rrovver shall not destr�y, damage ar impair the Proper�, a��ovv�he Proper�y t� �.e�er�orate, or commxt was�e on
<br /> �he Property.Borrower shail b��n defaul�if any forfe�ture ac�ron or proceeding,whether ciWi�or criminal, �s begun
<br /> tha� �n Lender's good faith judgmen� �ould result in forfeiture of the Property or fl�herwise ma�erially impai.r�he
<br /> �ien �rea�ed by �h�s Security Ins�rument ar Lender's se�urity in��rest. Btirrawer may �ure such a defau�t and
<br /> reinsta�e, as provided�n se��ion t�t��d Borrower's Rfg�t to Reinstate, by causing�he ac��on or prflceed�ng to be
<br /> dismissed with a ruling that, in Lender's good fai�h detern�ina��on,pre�Iudes fflrfe�ture of the B�rrflvver's in�erest in
<br /> the Frop�r�y or o�her ma�er�a� impairmen� of the �ien created by �his Se�ur��y �nstrumen� or Lender's security
<br /> �nter�s�.Borrower shall also be xn defaul��f Borrow�r,during�he 1�an applicatzon process,ga�e material�y false ar
<br /> inac�urate �nfarmation or s�atements to Lender �or failed to pro�ide Lender vvi�h any material �nf�rmation� in
<br /> conne�tian wi�h the loan ev�den�ed by�he Contract. If this S�cur�ty�nstrument is on a Ieaseho�d, Barrower shall
<br /> cflmply with a11 the pra��sions�f�he lease.�f Borrower acqu�r�s fe�title�o the Praperty,�he Ieasehol�and the fee
<br /> title sha�l no�m�rge unless Lender agrees�o�he nnerger in vWri�in.g.
<br /> Protec�ion of Lender's Rights in the Property. �f Borrov�er fazls to perfarm the co�enan�s and agreemen�s
<br /> c�n�a�ned in�his Security Instrum�nt, or there �s a�ega�prace�ding tha�may signif can�ly affect Lender's rights in
<br /> �he Proper�y �such as a proceed�ng in �ankrup�cy, pr�ba�e, far condemna�i�n or forfei�ure ar�o enforce laws or
<br /> re�u�atians�, �hen Lender may do and pay for wha�ever �s necessary �o protec� the value af the Property and
<br /> Lender's rights�n the Proper�r.Lender's ac�iflns may include paying any sums se�ured by a Iien wh��h has priori�y
<br /> ��er th�s Security Instrument, appearing i.x�caur�,paying reasonable at�orneys'fees and enter�ng on�he Property to
<br /> make repairs.Although Lender may tak�ac�ion und�r this section,Lender does not ha���o da so.
<br /> Any amounts d�sbursed by Lender under fih�s section shall became add��xonal de�bt of Borrov�er secured by �hxs
<br /> Security Instrumen�. Un1�ss B�rravver and Lender agree ta a�her terms af payment, these amounts shal� bear
<br /> Q 20fl4-2fl 14 Complian�e Systems,Inc.FDS�-A4DB-2�13L2.14,1,895
<br /> Consumer Rea�Estate-Se�urity Tnstrument DL243G Pa�e 2 0�'5 www.comp€iancesystems.cam
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