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<br /> Borra�t�v�:r and L�nder c�Uenan�and agree as follo�vs:
<br /> Pa�mem�of Pr�ne�pal and In�erest; ��her�harges.Barr���rer s�iall p�rompt�y pay when due the principal of and
<br /> interes�an the d�bt��ved under�he Contra��and I�te cha�rges��any��her fees and charges due under�he C�n�ract.
<br /> App�i�a�l� Law. As used in �his Security �ns�rument, th� term "App�icable Law" shall mean a�� contra��ing
<br /> applica��e federa�, state and �ocal s�a�utes, r�bulati�ns, ordinance� and a.dministrative ru�es and orders �that have
<br /> the effect of�a�v3 as We�1 as aI1 applicab�e�nal,non--app�a�able�udre�al opini�ns.
<br /> Charge�; Liens. Borrotiver sha�l pa� aIl taxes, assessments, charges, fines and impasitians att�-ibu�ab�e to the
<br /> PrQp�r�y►which may attain priority over�hi� Security Instrument, and leasehold payments or ground rents, �f any.
<br /> A��he r�ques�of Lender,Borravver sha�l pramptly furn��h�o Lender rece�p�s evidenc�ng the payments.
<br /> Borro�t��r shail pr�mp�Xy d�scharge any lien tivhi�h has priarity�ver this Security�nstrument unless Borrflwer: �a)
<br /> agrees i:n writing to the pa�rrnen� �f�he obliga�ian secu�-ed by �he �ie�� in a rna��t�er acc�p�ab�e to Lender; �b}
<br /> contests in good faxth the lien�y, or �iefends against enforcemen� �f the �zen �n, tegal pzaceed�ngs �rh�Gh in the
<br /> Lender's opini�n apera�e �a preven� �he �nfarcemen� of the �xen; or �c} secures frorn the holder of�he �ien an
<br /> agreement satisfacto�y to L�nder suhordx.nating the �ien to fihis Security Ynstrurnent. �f Lender determine�tha�a�y
<br /> part�f the Proper�y is subje���tfl a lien vvhich may a�tain priarity o�rer this Securi�ty�ns�rumen�, Lender may g�ve
<br /> Borrower a n�tice iden�ifying the lien. B�rrower shall sat�sfy the lier��r tal��one�r more of�he acti.o�.� s�t f�rt.�i
<br /> abnve within 1�days�f the givzng of no�ice.
<br /> Hazard �r Praper�y Insurance.Borrower shal�keep the improve�zents na�v ex�sting ar hereafter erected an�he
<br /> Property insured aga�ns�loss by fire,hazards in�iude�wi�h�n the term"e�tende�l coverage" and any a�her hazards,
<br /> �n�iudin� flood� or fl�oding, for wh��h L�nd�r requir�s i�xsu.rance. This insuranc� sha�� be rna�ntained in �he
<br /> am�un�s and far�he perzods that Lender requires. The insurance carrier providing the insuranc�sha�1 be chosen by
<br /> B��-ra�ver subj e�� to Lender's appr��a� tivhich shall nat be unreasonably�vi�hheld. �f Barr�urer fails �o ma�ntain
<br /> co�rerag� described above, Lender ma.y, at Lender's ap����., ob�ain caverage ta pra�ect Lemder's rights �n the
<br /> Frapertsr in accordance vsrith sect�nn titled Pr��eCt�on of Lender'�l�ght��n the Proper�y.
<br /> AlI insurance policies and rer�ewals sha�� b� acceptable �o Lender�nd sha�� xnc�ude a standard martgage c�ause.
<br /> Lender�ha1l have�h�right�o ha�d th�palrcies and renewats. �f Lender requires,Borrotiver sha��prnmp�ly g�ve�o
<br /> Lender�1�receip�s af pa�d premiums and r�newal n�t�ces, �n the event of loss, Barrav�rer shall give prornp�na�ice
<br /> to th.e ir��u.ran�e ca�xier arrd Lender.Lender may n�al�e pro�f of Ioss if nfl�made pr�mptly by Borrourer.
<br /> Unless Lender and Borrotiver other«ise agre� in writ�ng, insurance procee�s shal� be applied �a rest�ra�ian or
<br /> repair ❑f the Praperty damaged, �f, i.n L�nder's sale dis�retion, �he restaration ar repair �s econom�cally feasible
<br /> and Lender's securi�y is nat t��sened. �f, in Lender's sole discretion, �he restoratitin or repair is nat econom�cally
<br /> fea��b��r�r L�nder's security v��uld be le��ened,�he znsurance procee�.��ha1�be appli�d�o the sums s�cured by th�s
<br /> S e cur��y Instrumen�, �vhether �r n�� then d�e, wi�h any e�cess p aid �� B orrav�rer. �f B arra�vver abandons �he
<br /> Propert�,or does na�answ�r wi�h�n�he number af days pr�scribed b�Applicable Lativ as set forth in a no�i�e frorn
<br /> Lender t{o Borrower that�he insurance carrier has affered�o se�tl�a��aim,then Lender may coliect the insurance
<br /> proce�ds�. Lender may use the procee�s to repa�r or res�ore the Property or t� pay�ums secured b�r th�s 5ecurity
<br /> �ristrurnen�,�whether or no�then due.The p eriod of�im�for B an�wer ta answer as s��for�h in the not�ce wil�b egin
<br /> �rhen th�no��ce is given.
<br /> Unless Lender and Borrov�rer atherw�se agr�e in wri��g, any application vf proceeds�o principa�sha.�l not extend
<br /> or postpnne the due da�e of�he payments due under the Con�ract�r�hange the amaun�of the payments. If under
<br /> the �ec�ion titled A�Ce�erati��; Remedxes, the Prop�rty is a�quired by Lender,Borrau�er's right to a�y insuran�e
<br /> pQ�zcies ,�ar�.d proceeds resulting from darnage to �ie Praperty pri�r�� the ac�uisitian �hai� pass �a L�nd�r �a the
<br /> extent o f th e sums s�cured by thi s S ecu�i�y�nstrument irnmed�ateiy prior ta�he ac�ui si�ian.
<br /> Preserv�ti�n, Ma�n�enan�� and Pr�tec�ion af the Prnper�y; Bvrr�wer's Laan App�ic��ion; Leaseho�ds.
<br /> Borro�e:r shall nat destroy, damage or irnpair th�Proper�r, a��ovv the Prvper�y�a deteriara�e, or camrnit urast�a��
<br /> �he Prop�r�y.Barrov�rer shall be in default if any forfeit�u-e act�an ar proc��ding,v�rh��her civi�vr crirninal,is begun
<br /> that in L�ender's good fai�h judgrnen� cauld resu�t zn farfeiture of�he Property or fltherwise ma�er�ally impair the
<br /> Iien crea�ed by �hxs Secur�ty �nstrumen� nr Lerzder's securi�y inte:��st. Banrower rnay cure su�� a defaul� and
<br /> re�ns�ate, as pr���ded in sec�ian titled Bflrrovver's Right�o Reinsta�e,by causing the ac�ion or proceeding ta be
<br /> dismissed�cr�th a ru�ing tha�,zn Lender's good fai�h deterrnination,precludes f�rfeiture af�he B�rro�er's in�erest xn
<br /> the Prop�rty or ather rnateria� impairmen� af the lien created by th�s Securi� Znstrument ar Lender's secux�ty
<br /> in�er�s�.l3orr�u�er shall also be in defaul�if Borr��ver,during�he�aan appl�ca�zon prac�ss,gave materia��y false�r
<br /> znac�ura�e information or statements �o Lender (�r failed ta pr�vid� Lender �vith any mater�ai �nfarrnation} in
<br /> connect�on�v�th the Ioan e�idenced by the Contrac�, If�his Securi�y Instrumen�zs �n a leaseh��d, B�rro�ver shal�
<br /> �omp�y�.th a11 the pravisians af�he�ease.If Barr�vver acquires f�e��t1e�o�.e Pr�per�y,the�easehald and the fee
<br /> �i��e shall not merge unl�ss Lender agrees ta�he merger in wri�ing.
<br /> Protect�vn of Lender's Right� in �he Prflper�y, If Barrovver fai1� to perform the c�venants and agreements
<br /> Gon�aine�in th�s Securi�y�nstrument,nr there zs a�e�a�proceeding�ha�may signaificantly affec�Lender's rights in
<br /> the PrflpGrty �such as a proceedzng �n bankrup�c�, prabate, far�andemnation or forfei�.ure or to enforce laws ar
<br /> regulations}, �hen Lende� may do and pay for whatever is �ecessar�r ta pra�ect the value of�he Proper�ty and
<br /> Lender's rights�n the Praper�y. Lender'�actions may include paying any sums secured by a�zen v�rh�ch has priority
<br /> aver this Securxty Instrument, appeaxing in court,paying reaso�.able a��orneys'fees and�ntcring an th�Properfiy ta
<br /> mal�e repa�rs.A�though L�nd�r may take actiian uz�der�his se��ion,Lemder does no�have ta do s�.
<br /> C�2�04-2015 Ca�nplian�e Systems,Inc.AGHC-GFCA-ZO15.3.5.1464
<br /> Consumer Rea1 Estate-Security�nstrument DL2D3d Page 2 vf 5 www,campiiancesystems.com
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