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<br /> Payment nf Pr�ncipax and In.�erest; �ther�harges.Borrovaer shal�prornp���pay vvhen due the principal of and
<br /> in�erest on the debt o�ved under�he��n�ract and�ate charges c�r any other fees and Charges due under�he Con�ract.
<br /> Applicable La�w. As used in th�s Security �nstrumen�., th� term "Applicab�e Laur" s�.all mean al1 �ontrol�ing
<br /> applicable federal, sta�e and local statutes, regu�a�ions, ordin��nces and adm�n�s�rative ru�es and orders (that ha�re
<br /> �he effect of law�as�well as a1I applicable final,non-app�a�ab1���udic�a��p�ni�ns.
<br /> Charges; Liens. BorrnWer shall pa� ali taxes, assessments,, charges, fines and imposz�zflns a�.tributable ta �he
<br /> Property which may at�ain pri�rity aver�his Security Ins�r�um��n�, and leaseho�d payments or ground rents, if any.
<br /> At the request of Lender,Borrflvv�r sha�l pramp��y fiarn�sh to L,ender receipts evidencing�he paymen�s.
<br /> Borrov�rer shall pramp�ly discharge any Iien v�rhich has pr�or�ty over this Security�nstru�men�unless Bflrr�vver: �a}
<br /> agrees �n wrztzng to the paymen� of�he ob��ga�ion secured by �h� lien in a manner acceptab�e �o Lender; �b}
<br /> cantes�s in good fa��h the li�n by, or defends against �nf�rc�:ment af the lien in, 1ega� proceed�ngs which in the
<br /> L�nder's opin�on aperate to pre��nt �he enfarcement of th� lien; or �c� se�u.res from �he holder of the �ien an
<br /> agreement sa��sfac�ory tn Lender subord�nating the lien to �hi�a S�curity Instru.men�. �f Lender determin�s�hat an�
<br /> par� af the Prnperty is subj ect to a lien�vhich may attain prit�rity nv�r �his Secu.rity�nstrumen�, Lender may give
<br /> B�rrovver a not�ce iden�ifying the lzen. Barrov�rer sha�l satisfy the Iien ar�ake one or mvre af�he ac�ions se�for�.h
<br /> abave within �.�da�rs of�he giving af notice.
<br /> Hazard ar Property Insuran�e.B�rravver sha�1 keep the im�ra�emen��nfl�r exist�ng or hereafter ere��ed�n�he
<br /> Pr�per�r insured against loss by f re,hazards included within�:he term"ex�ended cav�rage" an�any o�h�r hazards,
<br /> including flaods or flooding, for vt�hich Lender requ�res in��urance. Th�is ir�surance shal� be main�ained in the
<br /> amaun�s and for the p�rxads that Lender re�uires. The i.nsuran+Je carri�r prov�ding�he insurance shall be chasen by
<br /> Borrawer subj ec� to Lender's approval v�hich sha�� nat be ur�reasonably wi�hheld. �f Borrower fa�is ��o main�ain
<br /> coverage described above, Lender may, at Lender's op��on, obta�.n c�verage t� protec� Lender'� rights in the
<br /> Property in accordance vvith sec�ion�itled Protect�an of Lend�r's RightS�n the Property.
<br /> A�� insurance po�ic�es and renewals sha�l be acceptab�e �o L�;nder and s�iall include a s�andard m�rtgage claus�.
<br /> Lender sha�l have�he righ�to hQld the policies and rene�rals. �f Lender requires, Borro�ver shal�prom��ly give�o
<br /> Lender al�rece�pts af paid premiums and renewal nv�ic�s. In �he event of�oss, Barr�vver sha��g�ve prornpt no�ice
<br /> to the insurance carrier and Lender.Lender may make proof o_�loss if no�made promp�l�by Borra�er.
<br /> Un�ess Lender and Borrflwer otherwise agree ixn writing, �n���rance praceeds sha�1 be applied to res�:oration or
<br /> repair of the Pr�per�y damaged, if, in Lender's sole discre�ron, �he restora�ion or repair is econarn�ca��y feasible
<br /> and Lender's security is not �essened. �f, in Lender's sa�e disc.ret�on, �he restorati�n or repair is n�t econom�ca��y
<br /> feasib�e or Lender's security vvau�d be lessened,the insurance l�roceeds shall be applied�o�he sums secured by�h�s
<br /> Secu.ri�y Instruments whether �r not tihen due, vvi�h any exr�ess paid tfl B�rrotiver. If Borrawer ab�ndons the
<br /> Property, or daes not ansvSrer�rithin the number�f day�prescribed by Applicable Law as set for�h in a no�ice fram
<br /> Lender�� Borrower that�he insurance carr�er has affered to s���le a claim, then Lender may collect�h��nsurance
<br /> praceeds. Lender may use the pr�ceeds �o repair �r re�tore t��e Prop�rty or to pay sums secured by this Security
<br /> Ins�rurnen�,whether or n���hen due.The p�rio d of time far B o rro�rer�o ans�ver as set forth in�he notice�vill b eg�n
<br /> �vhen the notzce is given..
<br /> Un�ess Lender and Borrovver o�h.erwise agree in v�rri�ing, any applica�ia�.af proceeds ta prin�ipal shall n��ex�end
<br /> or pastpane�he due da�e �f the payments due under�he �an�r-act�r change the amoun�of the payment�. If under
<br /> �he secti�n tit�ed Acce�eration; Remedies, �he Praper�y is acc�uired by Lender, B���WEr'S rxgh�t� any�nSU.�'anCe
<br /> polic�es and proceeds resulting f�om damage �a the Praperty prior ta �he acquisi�ian sha�I pass �o Ler�der to the
<br /> ex�ent of�he sums secured b�th�s 5ecurity�ns�trumen�irnmedi��tely pr�or�o�he acquisiti�n.
<br /> Preser�ation, Ma�ntenance and PrQtect�on af the Prope:r�y; Borrower's LQan �.ppl�ca�ion; L�aseholds.
<br /> Borrovver sha�I no�des�roy, damage ar impair�he Praperty, al���w�he Proper�-y to deteri�rate, ar commi��v�raste on
<br /> the Fr�perty. Borrower sha�l be in default if any forfeiture acti��n flr proceeding,Whether civil or crxmina�,�s�begun
<br /> that in Lender's good fai�h judgmen� could resul� in forfei�ure� af�he Property ar ��h.er-wise materially impa�r the
<br /> lien crea�ed by �his 5ecuri�y Instrumen� �r Lender's securit�� interes�. Barrovver rnay cure su�h a d�efaul� and
<br /> reinstate, as pravided in sec��on t���ed Borrovver's li�ght to l�:e�nstate, by caus�ng the act�on�r pro�e�ding to be
<br /> d�smissed vvi�h a rul�r�.g�hat,in Lender's good fai�h determinat�fln,prec�udes f�rfeiture of�he Borravver's in�eres�in
<br /> the Pr�perty �r other material �r.�pairment af�he lien createc� by �his Security Instrument or Lender''s securi�y
<br /> interest.Barrovver shall also be�n defau��if Borrawer,dur�ng the l�an applica�i�n proce�s,gave materially false or
<br /> inaccurate in.formafian ar s�a�ements to Lender �or fa�led to pr�v�de Lender �vi.th any ma�erial �nf�rma�ion} in
<br /> �ont�ec�ion�th the Ioan evidenced b�the �an�ract. If��115 �E.curi�y Ins�rumen�is vn a�easehold, Borr�wer sha�l
<br /> camply�rith al��he provisians�f the Iease. If Borrovver aCquir��s fee tit�e to the Pr�per�r,�he leaseha�d an�.the fee
<br /> ti��e sha�x no�merge uniess Lender agrees�o�he�.erger in writ�ng.
<br /> Prate�t�on of Lend�r's Right� in the Property. �f B�rrow�ez �'a��s to perform the c�venan�s and a�greements
<br /> contained in this Secur��y�nstrum�nt, or there is a legal proce��ding tha�may sign�f cant�y affect Lender'�rights�n
<br /> the Pr�perty �such as a proceedzng in bankrup�cy, probate, far condemna�ion ar forfeitu.�-e ar t� enfarGe IaWs or
<br /> regu�atians}, then Lender may d� and pay for whatever �s r_�ecessary �o protec� �he value of the PrQperty and
<br /> Lender's righ�s in�he Property. Lender's ac�ions may include p��.yir�g ar�y sums secured by a lien Which has priority
<br /> over�his Secur�ty Instrument, appear�ng u1 court,paying reaso�zable att�rneys'fees and en�ering on�he�r�perty to
<br /> make repazrs.A�th�ugh Lender may�ake act�on under�his sect��n,Lender daes not have�o do so.
<br /> Any amvunts disbursed by Lender u.nder �his section shall became additional �ieb� of�3arrower secur�d by th�s
<br /> Securi�y �nstrument. Unless Borrovver and Lender agree t� i�ther t�rms of paymen�, �hese amounts �hal� bear
<br /> �2Qfl�4-2015 Com�Iiance Systems,Inc.8C54-T758F-ZD15.11.3.ifl98
<br /> C�nsumer Rea�Estate-Secur�ty Ir�strume�t DL243d Pa�e 2 vf 5 www,compli�ncesys�ems.com
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