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��1 5�5694
<br /> Payment of Pr�n�ipai and In�eres�; Qther Charges.Borrower sha�l pr�rnp�ly pay yvhen due�h�principa�af and
<br /> �nterest on the debt ow�d under the�ont�-act and late charges ar any❑ther fees and c�aarge�due under�he Cantract.
<br /> Applicabl� Law. A.s used ita. �h�s Se�urity Ins�rument, the �erm "Applicable Law" sha�� xnean a�� con�rollixa.g
<br /> applicable federa�, sta�e and lacal statu�es, regula�ions, ordinances and adrn�nis�rative rules an�ar�ers ��hat have
<br /> the effec�of lavv}as vvel�as a.11 app�icable fznaX,nan-appealable judicial opinions.
<br /> Charge�; Iliens. �3�rrau��r shal� pa� a�� �ax�s, a�sessments, charges, fines and �mposi�ions at�ributable �o the
<br /> Praper�y which may attain pr�ar�ty over�h�s Securi�y Ins�rument, and Ieaseha�d pa�xn�nts or graund rents, if any.
<br /> At the request af Lender,Bvrraw�r shall pramptly furn.ish ta Lender receip�s e�iden�ing the payments.
<br /> Borro�er shall promptly dis�harge any li�n��hich has priai-ity�ver thi� Security Inst�rument unles�Borrower: �a}
<br /> a�.rees ir� writin� to the payment of the obl��at��n secured by �he lien in a manner acc�p�ab�e t� Lender; �b�
<br /> co��tests in gaad fai�h the lie�a by, or defends agaznst enfo�rcei-ne��� vf the lier� in, Iegal praceedings urh�ch zn the
<br /> Lender's op�nion oper�te t� prevent the enforcement af the Iien; or �c� secures from the holder of the lien an
<br /> agreemen�satisfac�tiry�a Lender subardinating�he lien�o this Security�n�trument. �f Lender determi.nes tha�an�
<br /> part af th�Pr�perty is Subje�t ta a lien v�rhich may attain priarity over�his Se�urity�ns�rument, Lender ma}�give
<br /> Borrower a na�ice id�ntifying the �ien. Borrower sha��sa�isfy the Iien or take Qne�r more�f�he a��iflns se�forth
<br /> above�vith�n 1 D days of the giving❑f no�ice.
<br /> Hazard or Property Insurance. Btirrovcrer shall keep the impro�ements nov�exis�ing ar hereaf�er erected an the
<br /> Property insured against lass by fire,hazards included within the terrn"extended coverage" and any o�her hazards,
<br /> inc�uding f�oods or flo�d�ng, for which Lender requ�res insuran�e. Thi.s insurance shal� be maintained in the
<br /> arnounts and for the periods�that Lender requires.The insurance carrier providing the rnsurance shall be ch�sen by
<br /> Borrower subjec� f� Lender"s apprQval vvhxch shall not be unreasor�ably v�rithheld. �f Bnrro�tx�er fails �o rnain�ain
<br /> coverage de�cribed above, Lender may, at Lender's option, obtain coverage t❑ protect Lender's righ�s in the
<br /> Praperty�n accorda�.ce with sec���n�ttled Protecfiian vf Lend�r's Rights in�he Prflperty.
<br /> A�l insurance policies and rene�als sha11 be acceptab�e �o Lender and sha�l in�Iude a s�andard mor��age clause.
<br /> Len�er shall have the right tv ho�d the policies an�.reneWa�s. �f Lender requires,Barrower sha�l promptly give to
<br /> Lender a��re�eipts of paid premiums and reneu,a�no�ice�. In the event of 1ass,Borr��ver shall give prampt natice
<br /> �o the insurance carrier and L,end�r.Lender may make prflof of�as�if not made pr�mp��y by Barrawer.
<br /> Unless Lender and Barrower a�herwise agree zn wri�ing, insuranc� praceeds shal� be appl�ed �o restorat�fln or
<br /> repair of the Praper�y damaged, if, in Lender's �o�e discre�ion, �he restoration or repair is economica�ly feas�ble
<br /> and Lende�'s security is n�t lessened. �f, in Lender's sole discretion, the res�ora�ion or repair is not econam�cally
<br /> feasib�e or Lender's security wauld be Iessened,the insurance pr�ceeds shall be appli�d�o the sums s�cured by this
<br /> Security �n�trument, vvheth�r or not ther� due, w�th any ex�ess pazd �a Borravver. �f Borrov�rer abat�dons �he
<br /> Prtiper�y,or does na�anstiver within the nunr�bez of days prescribed by Applica�l�La�v as�e�farth in a notice fram
<br /> Lender ti�Borra�ver that the insurance carr��r has affered to set�le a claim, �hen.Lender may collect the�nsurance
<br /> proce�ds. Lend�r may use the pr�ceeds to repair or res�are �he Proper�y or to pay surns se�ured by�hi� �ecurx�y
<br /> �nstrument,whe�her or n���hen due.The period�f�.me for Borrov�rer to answer as se�f4rth in the notrce�vi��beg�n
<br /> vvhen�he natxce is given.
<br /> LTn�ess Lender and B�rrawer otherwise agree in u7iting, any applica���n af proceeds ta principal sha�l nat ex�end
<br /> �r pQstpan��he due date of the payments due under the Conxract ar change�he amoun�of the payx�er��s. If unde�
<br /> �he sect��n titled A�celeration; Remedies, the Property is acquired b�Lender,BQ�-�ra�ver's ri�h�to any ir�surance
<br /> polzcies and p�oceeds resuxti.ng from damage to the Proper�r przor t� �he a�quisi�ion sha1� pass �o Lender to �he
<br /> exten�of the sums secured by thzs Secu.rity Znstrument�mme�iately pr�or fio the acquisitifln.
<br /> Preser�a��on, Mainte�.anc� and Pr�te�t��n af �he Proper�y; Borrower'� L�an Application; Leaseh�l�s.
<br /> Barr�wer sha�I na�des�ray, damage�r impair�he Praper�y, a�Iflw�he Pr�p�rty to deter�oratie,or co�nmit vvas�e on
<br /> �he Proper�y.Borrower shall be in defau��if any farfei�ure acti�n ar proceed�ng,vvhether c�vzl ar criminal,is begun
<br /> that in Lender's good faith judgmen�could result in farfe�ture �f�he Praperty or o�hez-v�ise mater�al��impair the
<br /> lien �reated by this 5�curi�r �nstrumen� �r Lender`s secur�ty intierest. B�rrower may cure such a defaul� and
<br /> reins�a�e, as prn�ided in sec��an tit�ed Bor�-ower's Right�o Re�nstate,by causing the act�on�r proceed�ng to he
<br /> dismissed��th a ruling that,in Lender's good fa�th determ�nat�on,prec�udes fvrfeiture af�he Borrflvver's�nteres�in
<br /> the Frop�rty or ather ma�erial zmpairmen� of�he I�en created by this Se�urit� Instrument �r Len��r's se�urity
<br /> �nterest.Borrower sha�1 a�sa be in defaui��f Borrotiver,durir�g the�oan application process,gave materially fa�se or
<br /> inaccura�e infarmation ar s�aternents to Lender �flr fa�led �o pro�ide L�nder w�.�h any materia� inf�rmat��n) in
<br /> connectian��ith�he loan e�idenced by the CQntract. �f th�s Securi�y Instrument is an a leaseh�ld,Borr�w�r sha�l
<br /> comp��wzth all�he provisions of the�ease. �f B4rrav�rer acquire�fee�.t�e to the Property,�he�easeh���and the fee
<br /> ti��e shall no�merge unless Lender a�rees�o the merger in wrxting.
<br /> Pr��ecti�n of L�nder's Rights in �he Pr�perty. �f Borrovver fails to perform �he covenants and agreements
<br /> conta�ned�n this Security Instrum�nt,or�here rs a Iegal proceeding that may significan�l�r affect L�nder's rzgh�s in
<br /> the Prflp�rty �such as a proceeding �n�ban�ruptcy, probate, far condemna�ion or forfei�ure ar�a enf�rce laws �r
<br /> regulat�ails}, �hen Lender may do and pay f�r whate�rer is n�cessary �o protect �he value �f the Proper�y and
<br /> Lender's rights in�he Property. Lender"s actions may inc�ude pay�ng any sums se�ured by a�ien u�hi�h has priorit�y �
<br /> over this Security Instrument, appear�ng�caurt,payin�reasana�le a�torneys'f�es and entering on the Proper�y�o
<br /> make�r�parrs.Although Lender may take ac�ion under thxs sec�ion,Lender d�es not have to d�so.
<br /> 1�ny amaunts d�sbursed by Lender under th�s �ection shal� becorne addi�ianal deb� �f Barr�wer se�ured by �his
<br /> 5�cur�ty �nstrument. Un�ess Barrow�r and Lender agree to other terrns af payment, �hese ama�.u�ts sha�� b�ar
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<br /> Cansumer Real Estate-Se�urity Instrumenc DLZ�36 Page 2 of 5 www.campliancesystems.com
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