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<br /> Payment of Pr�ncipal and In��rest; Uther Char�es.Borr�wer sha�l prflmp�ly pay when due the prin�ipal of and
<br /> interes�on�he debt avved under th�Cantrac�amd�a��charges or any o�her fees and charges due under�he Contract.
<br /> Applicabl� Law. As used in this Se�urrty Instr�men�, �he �erm "Appl�cabie Law" shall mean all c�n�r��ling
<br /> applr�ab�e federal, s�a�� and �ocal sta�utes, regula�ions, ordinanc�s and adrninis�rat�ve rules and orders ��that ha�e
<br /> the effect�f�avv�as w�il a�aIl applicable fina�,non-appealable judi�iai opinions.
<br /> �harges; Liens. Borrower shall pa� aIl �axes, assessmen�s, charges, f�nes and impositions attributable �o �h.e
<br /> Property vvhich may attain priari�y o�er this Secur�ty Instrument, an�Ieaseha�d payments o�r ground ren�s, if any.
<br /> At the request❑f L�nd�r,B�rrower sha�l pramptl�furnish ta Lender r��e�p�s ev�d�n�ing the paymen�s.
<br /> Barrawer sha�l prompt�y discharge any lien vvhich has pri�ri�y over thzs Se�ur�ty�ns�rurnen�unless Borr�wer: �a�
<br /> agrees in u�rxting to the payment of�he obliga�Yon se�ured by the Iien in a manner accep�abXe to Lender; �b}
<br /> �on�es�s in �flo� faith the ��en b�, or defends a�ains� enfor�ement of the lien in, legal pro�eedings which in th�
<br /> Lender's opin�on apera�� �o prevent �he enfor�ement of the 1ien; ar �c� �ecures fram the holder of the ��en an
<br /> agreexnent sa�isfactory to Lender subflrdina�ing�he lien to �his Securi�ty Instrumen�. If Lender determines that ar�y
<br /> part of the Property is subject�o a lien wh��h rna�at�a�n pr��rit�o�er th�s Se�urxt� �nstrumen�, L�nder may gi�e
<br /> Borrower a no��ce identifying�he �ien. Borrower shali sa��sfy the l�en or�ake one or more af the ac��ans set for�h
<br /> above wi�hin ��da�s�f the giving of notice.
<br /> Hazard or Proper�y Insu�rance. �orro�ver sha11�eep the impravernents now�xistin�or hereafter erected on the
<br /> Property ansur�d against loss by fir�,hazards inc�ud�d w��hin�he term"extended coverage"and an�o�her hazards,
<br /> inc�ud�ng fl�ods ar floodang, f�r v�hich Lender �equ�res �n�urance. This insurance shall be m�.intained rn fihe
<br /> amounts and for�he periods�ha�Lender requrres.The�nsurance carrier pro�iding�he insuran�e shall be chosen h�
<br /> Barrawer subject to L�nder's appro�al which shal� no� be unreasnnabl� withheld, �f Borr�wer fa�Is �o mai.n.tain
<br /> ca�erage des�rib�d abov�, L�ender may, a� Lender's op�ion, obtain �average to protect Lender's rights in the
<br /> Proper�y ir�ac�ardance with sectian t���ed Pro�ection of Lender's Rights in the Pro�erty.
<br /> A�1 insuran��po�i�ies and renewals sha�l be accep�able tQ Lender and sha�� �nc�ude a standard mortgage clause.
<br /> Lender sha��have the right�o hold�he pa�icies and renewals. �f Lender requires, B�rroWer sha�l promptl�g��re�a
<br /> Lender alI re�eip�s �f paid premiums and renewal notices. In th� e�ent of�oss,Borrower sha11 giv�pr�mp�notic�
<br /> to the insurance carr��r and Lend�r.Lender rnay make proof of l�ss if n�t made promptly by Barrower.
<br /> Uniess Lender and B�rrovv�r fl�her-vv�s� agr�e in �r�ting, insurance proceeds shall be applied �a res�orat��n or
<br /> repair of the Property damaged, xf, ua Lender's sole d�s�re�xan, the res�aration or repa�r �s econamically feasible
<br /> and Lender`s securi�y is nat le�sened. �f, in Lender's s�le dis�retion, the rest�ratzan or repa�r is nat e�vnomica��y
<br /> f�asibie ar Lender's se�ur�ty wauid be lessened,the insurance proceeds shall be applied�o the sums secured�y this
<br /> Securi�y Ins�rument, vvhe�her or na� �hen due, v��i�h any exc�ss paid to B�rraw�r. zf Borrower abandons �he
<br /> Froperty,or does no�ansu��r within�he number of da�s prescr�bed by Appl��able Lavv as set forth in a noti��from
<br /> Lender to Borrawer that�he insurance carrier has offered tfl settle a clairn, �hen Lend�r may�ollect�he ir�suranc�
<br /> praceeds. Lender may use the praceeds t� repair�r res�ore�he Proper�y or to pay sums secu.red b��hxs Se�ur��y
<br /> �ns�rument,Whether ar no��hen due.The period af tuale f�r Borrower to ansvver as set forth in the notice v��ll beg�n
<br /> when�h�n�tice is given.
<br /> Uniess Lender and Borrovver other�vise agree in writing, any appli�a��on�f procee��to principal shall no�extend
<br /> or pos�pon�the due date of�he paymen�s due under the Cnntrac�or change the am�un�of the pa�rn�n�ts. If under
<br /> the sec�tr�n�i�led Accelerat�on; Remedies,the Proper�y is acquired by Lender, Borro�er's right�o any �nsuran�e
<br /> policies and praceeds resul�ing from darnage to �h� Prop�r�y prYor to th� acquisitian shall pass �o Lender to the
<br /> e�tent�f the sums secured by this Se�urit��nstrum�n�imxnedia�ely prior to�h�acqu�sr�ian.
<br /> Preser�atron, Maintenan�� and Pr4teet�on of the Property; Borrower's Loan Applic�tion; Lea�eholds.
<br /> Borro�vt�er shal�not destro�, damage or irnpair the ProperCy,a���w the Propertiy�a deteriora�e, or c�mm��wa�te on
<br /> the Praperty.Borrovver sha��be in defau�t if any farf�z�ure action or proceeding,whether c�vil ar criminaly is begun
<br /> that xn Lender's good faith judgmen� �ould resul� in forfei�ure of�he Proper�y or o�herwise ma�er�a��y impau�he
<br /> lien created by th�s Security �nstrumen� or L�nder's securi�y interest. Borrow�r ma� cure such a def�u�� and
<br /> reinsta�e, a�pr�v�ded in section tit�ed Borrflwer's Righ� �n Reins�a�e, by causing the action or proceed�z�g to be
<br /> dismissed w��h a ru�ing�hat,rn Lender's good fai�h.determination,precludes forf��ture of�he Borro�er's zn�er�s�in
<br /> the Property or other material impazrment �f�he lien �rea�ed by thzs Securi�y rns�rument or Lender's secur��y
<br /> in�erest.Barrawer shall a�so be in default if Barrov��r,dur�ng�he�oan app��catr�n process,ga�e materially false or
<br /> �naccurate �nformatian or statemen�� to Lender �or faYied �o provide Lender with any mat�ria� �nf�rmatian� u�
<br /> conn�c�xan v�ith the loan ev�denced by th� G�ntrac�. �f this Securi��Instrumen�is on a lea�eho�d, �orrower shali
<br /> comply u�ith al�the pra�isions of th�lease.�f Borrower acquires fe��itle�o the Pr�per�y,the leasehold and the fe�
<br /> t�tle sha�l not merge ur�Iess Lender agrees to the merger�n wrxting.
<br /> Protectian of Lender's R�ghts in �he Property. �f Borrawer fa�Ts to perfonn the covenan�s a�zd agreements
<br /> cor�tained xn this Securi�y�ns�ru�rnent, or there is a��gal proceeding tha�may signif�can�ly affec�Lender's ribhts in
<br /> the Proper� �such as a pr��eeding in�ankru.ptcy, proba�e, for condemnatian or forfeitu.re or�o enforce �a�s or
<br /> regulations}, then Lender may dfl an�i pay f�r whatever �s nece�sary to pro�ect the �alue of the Property and
<br /> Lender's rzgh�s in the Property.�ender's ac�ions ma�inciude paying any sur�s secured by a Iien which has prioraty�
<br /> aver this Security�nstrument,appearing�z cour�,p�.ying reasonable attorneys'fees and en�er�ng an the Prop�rty t�
<br /> make repairs.Although Lender may take ac�ian u.nder this sect�on,Lender does no�have to do so.
<br /> Any amounts disbursed by Lender under th�s se��ion shall became additi�nal debt of Borrower s��ured bv �his
<br /> r
<br /> 5e�urity �nstrument. Unless Barrower and Lender agr�e to a�h�r terms �f paymen�, these amoun�s shall bear
<br /> �2��4-2D 14 Compliance 5ystems,In�,FD6�-4B5C-ZO l 3L2_i 0 l.845
<br /> Consumer Real Estate-Security Instrurnent I7L�036 Pa�Te 2 af 5 WutiV.GQm��t�.t1C�55y5tetllS,Cflit7
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