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<br /> paym�nt�f Pr�ncipal and l=nteres�; �ther Charges.Borr�Wer sha��promp��y pay vvhen�1ue�he pri.n.c�pa�of and :
<br /> interest on the debt ow�d un��er�he�ontra�t and late charges ar an�other fees and charges due under the C�ntrac�.
<br /> Applicab�e Law. As �sed in this Security Instrumen�, the ��rm "Appl�cable Lavv" shal� mean a�� controlling
<br /> appli�a�le federal, s�a�� and �oca1 s�atu�es, regu�atfons, ardinances and adm�inistrative rules and orders �that have
<br /> the effect af law�as vvel�as��Il applicable fina�,non-�appeala.ble jud���al opinians.
<br /> Charges; Liens. Borr�wer shal� pay a�� �axes, assessn�ents, charges, f�nes and �mposi�ions a�tributal��e �a the '
<br /> Prop�rty which may at�ain pri�rity�ver�his 5ecuri�y Ins�ru.ment, and leaseho�d paymen�s or graund rents, if any.
<br /> At the request af Lend�r,Bo-�rawer sha��promp�ly furnish�o L�nder receip�s evid�ncing the payments.
<br /> B�rro�wer sha�1 p�ampt�y discharge any li�n�vhi�h has prior�ty�ver this Security�ns�rumen�.unless Borro�ver: �a� ;
<br /> agrees �n writing to �e pa�rment of the obliga�ian secured �y th� �ien in a manner acceptab�e t� �ender; �b}
<br /> con��sts in goa� fai�h �he 1�c�n by, �r defends agains� enf�rcement �f the Izen in, lega� pro�eed�ngs which zn the
<br /> Lender's opin�on oper�.�e �o prevent �he enforcemen� af the �ien; ar �c� se�ures from �ie holder of the lien an
<br /> a�reement sa�isfac��ry to Ler�der subordinating the l�en to th�s S��urity Ins�rument. If Lender deterrnines tha�any :
<br /> part of�he Property is subj ect�o a lien wh�ch may a�tain priority over this Secur�ty Ins�rument, Lender may give �
<br /> B�rrower a no�i�e iden��fying�he �ien. Barrovver sha�I sa�isfy�he l�en or�ake one or more af the ac�iQns set forth '
<br /> above w�th�n ��days of the�;iving of n�t�ce.
<br /> Hazar�i �r Property In�ur��nce. Barrower shall k�ep the improvem.en�s na�r ex�st�ng ar her�after ere�ted�n�he
<br /> Property insured again��Iass by f re,hazards inc�uded wi�h�n�he terrn"ex�ended coverage" and any o�her hazards,
<br /> including f�flads or f�oodin�;, for urhich Lender requ�res insuran�e. This insurance shal� be maintained in the ;
<br /> amflun�s and for�he pe�iads��ha�Lender requires. The insurance carrier pro�iding the insurance shall be chosen b� �
<br /> B�rro,wer subj ect to L�n�er's approval v�hich shall not be unreas�nably �withhe�d. If Barrovver fails to maintain
<br /> coverage described abo�e, Ler�der may, at Lender's opti�n, ab�ain cflverage �o pro�ect Lender's rights in the
<br /> Properfiy zn accordance tivi�h�ection ti�led Protect��n of Lender's l�ights in�he Prop�rty.
<br /> A1I insurance polic�es and r��netivals shall be acceptable �� Lender and shal� in�lude a standard m�r�gage ��ause.
<br /> Lender shall have the right t+�hald the palicies and renevv�ls. If Lender requir�s,Borrower shall pramptly g��re�o
<br /> Le�der aIl receip�s�f paid p:�ema.ums and r�ne�val natiGes. Ir��.e event of IQss, Borrov�rer sha11 give pr�mp�natice
<br /> �o the insurance carrxer and Irender. Lend�r rnay make proQf flf loss if not made promptly by Barr�urer.
<br /> Uniess Lender and B orrov�r�:r otherw�se agree in writing, insurance proceeds shall be appl�ed to restara�i�n �r
<br /> repair af the Property �ama,�ed, if, �n Lender's sv�e discre�ion, �he r�starat�o� or repazr �s economica�ly feasibl�
<br /> and Lender's secur�ty is no� Iessened. If, in Lender's sole disCretion, the restoration or repair is not economical�y i
<br /> feas�ble or Lender's security�would be�essen�d,�he insurance prace�ds shall be applied to�he sums secured by th�s
<br /> Securi�y �nstrumen�, whether or no� then due, W�th any exc�ss paid �� Barr�wer. Zf Borrovsrer a�aandflns �he
<br /> Prop�rty, or d�es�o�a�.swer w�thin�he number of�ays pr�sGribed�y Applicable Law as set forth in a n�t�ce from
<br /> Lender tfl Barr�wer�hat�he insurance carrier has �ffered�o settle a claim, �hen Lender may Collect�he�nsurance �
<br /> praceeds. Lender may use t��e proc�eds �a repair 4r restore the Pr�perfiy �r�o pay sums secua-ed by this 5e�ur�ty
<br /> Instrument,vvhether or nat then due.The period of t�me for Borrower to answer as se�forth in the nn�ice W��1 begin '
<br /> �rhen the notice is given.
<br /> Unless Lender and Borrative�-otherwise agree in�vrit�ng, any applica�i�n of proceeds to principal shall nat extend
<br /> or postpane the due da�e�f�:he paymen�s due under�he �on�ract��-�hange the amaun�of the payments. �f under
<br /> th� section titled Ae�e��rati��n; Remedies, the Proper�y�s acquired by Lender, Borrawer's right ta any�nsurance
<br /> policies and proceeds resul�ing fr�m danlage ta �he Praperty pri�r �� the acquisi�ian shall pass �o Lender �o the
<br /> exten�of�he sums secured b�r this Secur�ty�ns�rumen�imm�diat�ly prior tv�he acquisitian.
<br /> Pr�ser�atian, Ma�ntem�.nc�; and Pr�te�tion of the Property; �Qrrawer's Lo�an Applica�iun; Leaseholds.
<br /> B�rravver sha�����destr�y, ciamage or impair the Proper�y, allaw the Proper�y ta deteriorate, or camm��waste on
<br /> �h�ProperCy.BorroWer shal�be i.n default if any farfeiture ac�ian ar proceed�ng,whe�her civil or criminal,is begun ;
<br /> tha�in Lender's good fai�h��xdgmen� could result�n forfe��ure Qf the Prflperty �r o�th��-wise rnaterially impair the
<br /> li�n created by this 5ecurit�� Instrumen� �r Lender's security �nt�r�st. Barr�wer may �ure such a defau�� and ;
<br /> reins�a�e, as pravided�n section t�tled Borrovver's Right ta Reins�a�e, by causing�he action or proceeding to be
<br /> dismissed W��h a ruling that,:in Lender's gooc�fa�th detern�ina�ion,pr�cludes forfei�ure of the B arrawer's interes�in �
<br /> th� Pr�per�y or other materi:al impairment of the iien created by this Security Zns�rumen� or Lender's secur�ty
<br /> in�eres�.Borrower shal�a�so be in defau�t zf Borrflv�rer,during�he laan app��cation prncess,gave rnater�a�l�fa��e or
<br /> inaccura�e �nform�.tian ar s���ements to Lender �flr failed to pra��de Lender vvi�h an� material informat�on� in
<br /> connec�ion�vi�h�he �aan evi��.enced by th� Contract. If this Se�uri�y Ins�rumen�is �n a Ieaseh��d, Borrov�rer shal�
<br /> camply v�ri�h a�l the pro�r�sion.s of�he lease. �f Borrawer acqu�res fee�it�e�a the Praper�y,the leasehold and�he fee
<br /> �itle sha��n�t merge unl�ss L��n�er agrees to�he merger in v�r�ting.
<br /> Protectian of Lender's Ri�;hts i�n the Property, If Bort-ovver fa�1s �o p�rform the covenan�s and agreements
<br /> can�ained in�his S�cu.rity Instrument,or there is a legal proceeding that may signif cantly affec�Lender's righ�s in
<br /> th� Property �such as a pro��eeding in bankruptcy, probate, for c�ndemna�ion ar forfei�.ure or �o enforce �a�rs or
<br /> regu�a�ions�, �hen Lender m��y do and pay far whatever is necessary to pro�ec� �he va�ue of the Property and ;
<br /> Lender's rights xn the Prvper�y. Lender's actions may include paying any sums secured by a lien which has priority
<br /> over this Security Insfir�n�en�,appeaxing in caurt,paying reasonable at�orneys'fees and�nter�ng on the Pr�perty to
<br /> make repairs.Although Lend{�r may take action und�r this sec�ion,L�nder dfles no�have ta da so.
<br /> A.ny amounts disbursed by I,ender under this se��i�n shall b�com� addit��nal deb� of Borrflyver secured by this
<br /> Secur�ty �nstrument. U�I�ss Borrov►rer and Lender agree to o�her �erms of paymen�, these amounts shall 1�ear
<br /> �24a4-2Q I S Carripiiance Systems,Inc.8C5�-O��DF-2�I 5.1 l.3.10�8 �
<br /> Cvnsumer Real Esta#e-Sec�rity Instn.�ment DL�:a3d Page 2❑f 5 www.camp�iancesystems.cam
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