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��15�7��� <br /> Payment af Pr����pai an�In#er��s�; �t�er�harges.Barr�we�•s�al�pr�mpt�y pay vvhen�ue�he pr�n�ipal of and <br /> �nterest on the debt owed�under��he Contract and�at�charges�r any ather fees ar�d charges due under�he Con�rac�. <br /> A �i�a�l� Lav�. As us�d in th�s.Secur�t.y.. �ns�rument, the �erm "Appl�cable Lavv'' sha�� mean aIl co��roll�ng <br /> PP <br /> appl�cable federal, sta�e and laca� ��atu���, regulatians, ordinances and admin�s�tra�iv�rules and orders ��ha�ha�e <br /> �he effect of la�v�as weJl as aX�appli�ab�e f nal,non--appealable�udic�al ap�n�ons. <br /> Char es• Liens. �3�rrnwer sha�1 pa� a�I �a�e�, assessrnents, charg�s, fines a�xd i�Y�positions attributa��� t� the <br /> � y - <br /> Property wh�ch may attain priorit}�o�er�his Security�nstrumen�, an�i�easehold payments or grnund rents, tf any. <br /> �t�he reques�of Lender,Borrower shai�l prnmp�t�y furni�h�o Lender re�e�pts e�riE�enc�ng�he payments. <br /> BnrrovWer sha11 pr�mptly d�scharge any Iien which has priorifiy over this Se�urity�nstrument unless Borrovt�er: �a� <br /> agrees in writing �o the payment of the obligation secur�d by t�� �ien in a �nanner acceptal�le to Lend�r; �b� <br /> contests in g��d fait�a ihe �i�n by, or defenc�s against enforcemen� of�he lien :�n, lega�pr�ceedings whi�h in�h� <br /> Lender's opin��n �pera�e �o pre�ent fihe�enfarcemen� �f�he lien; �r �c} secur��s from the hoider af the l�en an <br /> agreement satisfactory�o Lender subordina�ing the lien�a�his Securi���nstrument. ��'Lender d��ermines that�ny <br /> par��f the Property �s sub�ec��o a iien �rhich ma.y a�a�n pri�rity�ver this Sec�ri�y �nst�umen�, Lender ma��;�ve <br /> Ba�-ro�vver a n��ice identifying the lien.-Bot-�rower sha��sa�isfy the lien or�a.�e��ne or mor�of-�he act��ns set f�rth <br /> a�ove vv�th�n 1 D days❑f�he gi�ix�g�f n��i�e: � � <br /> Hazard or�'raperty �nsurance. Borrowcr shall keep�he��mpro�ernen�s novv��x��ting�r hereafter erected on the <br /> Praperty�nsured again��lass by fire,�a��rds includ�d with�n�he term"�xteridec�.coverage"and any other�ha2a�ds, <br /> in�Iudixig flaods or fl�odirig, for which ]Lender requ�res msurance. Th�s �n�l�ran�e shal� be mainta�ned in the <br /> amounts and for�he peri�ds that Lender r�quires.The Ynsurance carrier pro�r�d�r�g the insuranGe shall�e�h�ser�by <br /> Borrower subj�c�t t� �.en��r's appraval ��rh��h shall no� be unreasana��y with�;e1�. If Bar�-��er fa�1s to main�ain <br /> �o�erage d�scribed aba�e, Lendex may, at Lende�'s opti�n, o��air� �average to pro�ect Lender's righ�s in the <br /> Prop�rty in accardance wi�h sec�ion�;i�i�d Prot�e��on of�er�d�r's�tig�ts in�h��Proper�y. <br /> A11 insurane� po�ici�s and renewals shall be ac��ptable to Lender and shall in.ctude a s�andard rn�r�gage ��a�ase. <br /> Lender�sha1l have�he righ�to ho�d the pal�cies and rene�a�s. If L�nd�r requ��es,B�rr�wer sha�l pr�rnp�ly gxvP�o <br /> Lend�r a�i re�e_ipts nf pa�d premiums and rene�val not�c�s. In the e�en�of�oss,Borrower shail give prompt n��ice <br /> �a the�nsurance carrier and Lender.lLender ma�make praof af loss if not mad�promptiy by Barrower. <br /> Unless Lender ana �orrou�er.atherwise agree.in �r�ting, insuran�e. proceeds shaXl be applied t� rest�ra�ion or <br /> repair of�he Proper�y.damaged, if, in Lender's so�e discretian, �he res�orat��n ar repair is econorn�cally feasib�e <br /> and Lender's security.is not lesse�led. �f, in Lender's sale discretian,the rest�ration or repair is nat economica�ly <br /> fe�.sib�e or Lender's securi�ty v��ould be�esser�ed,the�nsuran�e pro�eeds�ha11��applied t�the sums secured by this <br /> S�curity Ynstrumen�, wh�th�r or no� �h�n.due, wi�h any excess pa�d to Barra�ver. Yf Barrovver abandons the <br /> Prap�rty,or does nat ai�s�er�u��hin�he num�er of days prescri�bed�by Applicabie Lavv as�et for�h in a no�i�e f'rom <br /> Lender ta Barr�wer tha�the insurance carr�er has offered to s��le a�laim,the-n Lender ma}�c�1��c��he insuranc� <br /> proeeeds. Lender may use �he proceeds�� repair ar�restore �he Proper� or t� pay sums secured by�his Se�urity <br /> Instrument,�vhe�her❑r no�then due.The peri�d of time for Barrov�er to ans�ver as set f�rth in�h�not�ce vvi�1 b�gin <br /> vvhen the na�ice is given. <br /> Unless Lender and Barrawer o�herw�se agree in vvriti���, any applica�io��f prcaceeds to principal sha�l r�ot��tend <br /> ar postp�ne the due da�e of�he payments due under�he Contract�r chang�th��a�naunt of�he payments. If under <br /> th� se��:ian tit�ed A.cce�erat��n; �.�m��i�es, �he Propert�r�s acquired by L�nder, Borrower's right to any insuran�e <br /> p�lic�es and prace�ds resu�ting fr�m darnage to the Pr�perty prior�o the acq=a��i�ian �ha�l pass t� Lender �a �he <br /> exten��f the sums secu�ed by�his Security Ins�rumen�immedia�ely priar t��he acquisi�ion. <br /> Preservatian, I�aintenance and ]Prot�ctian of the �'roperty; B�rrovv�r'.� Loan Appli�atian; �eas�h�alds. <br /> Borrawer shal�not destr�y, d�rnage or�rnpair�he Property, allaw�he Proper�y to deteriora�e, or comrnit waste fln <br /> the Proper�y.BorrQ�ver s��al�be�n default�f any forfeiture action�r pr��eedin�,whe�her civil or crim�na�,is b��un <br /> �hat �n Lender's ga�d fai�h judgrnent c�uld�resu�� �n forfei�ure af the Property or otherwise rnater�ally �mpa�r�he <br /> l�en crea�ed by �h�s Se�ur��y �nstrument ar Lender's secur�ty �nteres�. .Borrc►�ver xnay �ure such a defau�t and <br /> reins�ate, as pro�ided in section ti��ed�arrower'� Right ta Reins�ate, by ca�.s�ng�he ac�i�n or proce�dir�g to be <br /> d�sm�ss�d with a ruling�:hat,in L�nder's goad fa��h de�er�ninati�n,precludes fo�-feiture of�he 8orrov�rer's�nterest in <br /> �he l�raperl:y or ath�r material impairmen� �f the I�en crea�ed '�� this Secur:�fiy �nstrum.ent or Lender's security <br /> in�crest.Borr��ver shal�alsfl be in defa.u]��f Borrower,durin�the�oan app�ica�i on pr��ess,gave ma�erial�y faise�r <br /> inaccura�e inforrnation or slatements to Lender �or fa�Ie� �o pro��de Lender w�th any materia� information� � <br /> connec��an with the laarn e�idenced by��e Con�ract. Yf�his Security Instrume����s�n a�easeho�d, B�rro�er�ha11 <br /> c~omply wi���a���lle�rov�si�ns af�he�ease. If Barrc�v�er acquires fee title to�he Pr�perty,�he l�asehald and the fee <br /> title sha�l not merge unless Lender agrees�o�he m�rber in wr��ing. <br /> Protect�on �f �Le�z��r'� �.ig��ts in �h� ]Prap�rty. If Borra�ver faiXs �a perfc�rm the covenants and agreements <br /> c�n�ained in this Securi�y Ins��rumen�,or�here is a leg�l prac�ed�ng�ha�may signif�can���affeG�Lender's rights�n <br /> �he �r�perty �such a� a praceeding �n ban�iup�cy, praba�e, f�� co�demna���n ar �arfeiture ar�a enftirce Iav�s ar <br /> regulations}, then Lender rna� do and pay for wha�ever is necessary to pr���ect �h� value of the Property and <br /> Lender's r�ghts in�he I'r�per�y.Le�der's acti�ns may inc�ud�pa�ing any sums �ecured by a��en vvhich has pr�r�rity <br /> o�er th�s Se�ur��y Ins�rumen�, app�aring in�our�,paying reasonable at�orneys'fees and entering on�:h�Pr�per�ty to <br /> make repairs.Al��lough Lend�r�nay take ac�i�n under�his sect��n,Lender doe�;not ha�e�a d�sa. <br /> Any amounts disbur�ed by L�nder under �his s�cti�n sha�l be�ame additi�na� debt �f i3orrower secured b}� this <br /> Se�urity �ns�rument. Un�ess B�rrawer and Lerider agree ta o�her terms of pay�nent, these am�un�s sh�.�I bear <br /> Q 2�0�-2�i 15 Complian�e 5ystems,Inc.ASS�-9I 3A-2n 1 S_3.5.1[�64 <br /> Consumer Re�€EsEate-5ecurity Instrur��e�t DI�2435 Pa;e 2 of 5 �^ww.c�mpliancesysterns.carn <br />