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2� 1 �� 1757
<br /> Applicable Law. As used in th�s Security Instrumer�t, the term "Applicabl� Law" shal� mean a11 cflntrolling
<br /> applicable federal, s�a�� a.nd �aca� sta�ute�, regula�ions, ordinan�es and admin�strative rules and flrd��rs �tha�have
<br /> th��ffect of Iaw}as we��as a.Il applicable fina�,non-appealable�udicial op�nions.
<br /> Charges; Liens. Barrawer shall pay a�� taxes, c�55L5517�eI1�5, charges, fines and IIT1pn51�1ari5 a�tri�►utab�e �o �he
<br /> Proper�y tivh�ch may atta�n priority over�his 5ecuri�y Instr�men�, and leaseh�ld payments or ground rents, if any.
<br /> A�the re quest o f Lender,B o�rravver sha11 promp t1y furni sh�o Len der re ce ip�s evi dencing tihe p a�rmen��.
<br /> B�rrawer sha�� pr�mp��y dzs��harge any li�n tivhich ha� pri�rity�ver�his Securi�y Ins�rum�n�un�ess_Borrawer: �a�
<br /> agrees in writing �o the pa��men� af the a�b��gat�on sec�.r�d by �h� Iien �n a manner accep�ab�e �� Lender; �b}
<br /> con�es�s in go�d fa�th ��e Ii��n by, or def�nds against enforcem�nti of the �ien �n, legal proceedrngs tivhich �n the
<br /> Lender's op�ni�n operate ta prevent the enforcemen� of�he Iien; �vr ��} �ecures fram �he ho�der of the �ien an
<br /> agreement sa�isfac��ry to Le:r�der subordinating the lier�to this 5ecurity Zns�rument. If Lender determxn�s that any
<br /> par�Qf the Property is sub,�e{ct�� a lien which may attain priarity �v�r this Security�nstru.ment, Lender rnay give
<br /> B�rro�ver a natice i�en��fying th� ��en. Barrower sha�l satisfy�he Iz�n or ta�e nne or more af the ac�:xons set forth
<br /> abave�r�thin 1�days�f the�;iv�ng of na�i�e.
<br /> Hazard or Property In�ur<<nce. ��rrower shall keep �he improve�nen�s no�u exxs�ing or hereafter er�cted on�he
<br /> Property insured against Ioss by f re,hazards included wi�hin the�erm"extended coverage" and any other ha2ards,
<br /> �nc�ud�ng f�oods or flaod�n�;, f�r v�rhich L�nd�r requires insurance. This insurance shall be rnair��ained in the
<br /> am�unts an�fflr�he periods�that Lender r�quires. The insurance carr�er praviding�he insurance shal�be ch�sen by
<br /> Borrav�er sub�ect to Lender's appr�va� which shall nat be unreasonably tivi�hheld. If Borr�urer fails to ma�nta�n
<br /> c�verage described abave, Lend�r may, at Lender's opti�n, o��ain coverage to pro�ect Lender's r�ghts in the
<br /> Pr�perty in aceordance vv�th sec��an��tled Protectzan of L�nder's l�igh�s in the Proper�y.
<br /> A�� �nsurance policies and r�,newals shall �e accepta�le �a Lender and shal� �nclude a standard mor�gage clause.
<br /> Lez�der sha�l have the rzght t+�hald�he palicies and renev�a�s. If Lender re�uires, Barra�wer shal�pramp�ly give to
<br /> Lender a11 rece�p�s af pa�d p:remiums and renewal not�ce�. In�he even�of lass, Borra�rer sha�l give��romp�notice
<br /> ��the insurance carr�er and Iaender.Lend�r n�ay rnake praof of Ioss if not made promp��y by Borrow�r.
<br /> Unless Lender and Borr�wE;r otherwise agree in writing, i.nsuran�e proceeds sha�� �� applied �� 3r�stora�i�n �r
<br /> repa�r of�he Praper�y dama��ed, if, in Lender's sole d�scre��on, fhe restoratinri or repair is ecan�mical�y feasible
<br /> and Lender's security is not lessened. If, �n L�nder's sole discret�on, the restorat�on or repa�r is nat ecanamzcally
<br /> feasible or Lender's s�curity,wou�d be Iessened,the insurance pr�ceeds shall be applied to�he suxns secured by this
<br /> Securi�y Ins�rument, whether or not then due, v�ith an� excess paid �o Borrotiver. If Borrower �bandons th�
<br /> Praperty,or does no�ansvver wi�hin�he number of days pxescribed by Applicab�e Lavv as set forth in a n���c�from
<br /> Lender tv Barro�vtrer�ha�the insurance carr�er has offered ta se�tle a c�aim, �hen Lender may cal�ect�he insurance
<br /> proceeds. Lender may use ���e pro�eeds to repair �r rest�re �he Proper�y or t� pay sums sectu ed by t��s Securxty
<br /> Instrumen�,vvhether or no�t.�ien due.The period af��me for B�rrower to ansvver as set for�a in�he not�ce w��1 begin
<br /> v�hen�he no�ice is given.
<br /> Unless Lender and Barrowe�•o�herwise agree in writing, any appl�cat�on of procee�.s ta principal sh�11 no�extend
<br /> or pos�pone�he due da�e of 1:he payments due under�he Con�ract or change the amoun�af�he paymen�s. Yf under
<br /> the section�it�ed Ac�e�erat�c�n; Rem�die�, the Praperty is acquxre�.i�y Lender, Bflrrovv'er's right to any insuran�e
<br /> pol�c�es and proCeeds resu�ti.ng fram dar.�age to the Praperty prior to the a�quisi�ion sha�I pass �o ]�ender �o �he
<br /> extent of�he sums secured b�r this Secur�ty Ins�rument irnmediately pri�r�o the acquisi���n.
<br /> Preservation, Mainten�nc�� and Prflte�t�Qn �f �he P�roperty; �Borr�wer's Loan Appl�ca�ion; Leaseho�ds.
<br /> Borrower sha��no�destr�y, �iamage �r imparr�he Property, al�aw the Pr�perty�o de�eriorate, �r commi�waste or�
<br /> the Praperty.Barrower shall be in default�f any farfeiture ac�ion or proceeding,whether civi�ar cr�mina�,is begun
<br /> that iri Lender's g��d faith j��.dgment could resu�t in f�rfei�ure of�he Property ar fltherwise material�y zmpa�r the
<br /> lien created by �his Se�uri��r �ns�.rument or Lender's �ecurity �nteres�. B�rr�wer may cure such a default and
<br /> reinstate, as provided in secti�n titled Bvrro�ver's Right t� Reinstate, by causing the action or prQceeding�o be
<br /> dismissed vvith a ru��g tha�,:in Lender's good fa��h detern�znatian,precludes forfeiture of�he Borr�,wer's�nteres�in
<br /> the ProperCy ar other materilal impairment of�he lien created by thi� 5ecur�ty Instrument or Lender's security
<br /> �n�erest.Borrovt�er sha�l a�so 1be in default if Borr�v�rer,duri�g t�e Iaa�.applicati�n process,gave ma�er�a���fa�se or
<br /> inaccurate informa�ian ar s���.�emen�s ta Lender �or fai�ed �� prov�de Lender with any material in:formatxan} in
<br /> cflnnec�ion with the �oan evi+�enced by th� �on�ract. �f this Se�uri�t�r Instrument �s an a Ieasehold, B�orrower sha1l
<br /> comp�y wi.th a�l the provisior�s of the�ease. If Barrav�rer acquires fee title�o the Froperty, the leaseho]d and the fee
<br /> �zt�e shal�no�merg�unless Ls�nder�grees�o the merger in wr��ing.
<br /> Protection of Lender's Rs�;h�s �n the property. If�arrower fails to perf�rm �he cavenan�s and agreemen�s
<br /> cantained�n thi� Secur�ty Ins�trumen�, or�here xs a Iega1 proceed�ng�ha�may szgnif can��y affec�L�nd�r's righ�s in
<br /> �he Proper�y �such as a pr�ceeding ir� bankrup�cy, pr�ba�e, for candemnat�on �r forfeiture or to en��rce �avvs or
<br /> regu�a�i�ns}, then Lender m.,�y do and pay for vvhatever is nece��ary to protec� �he �a�ue of the Property and
<br /> Lender's r�ghts in�he Praperty. Lender's actions may include pa�ing any sums secured by a�xen vvhic�has priority
<br /> over thxs Security Instrurr��n�, appea.r�ng�n cour�,paying reasanab�e att�rneys'fees and en�ering vn���Property ta
<br /> make repa�rs.Althnugh L�nder may take ac�ian under this sec�ion,Lender does not have�a dfl so.
<br /> Any amoun�s d�sbursed by I�ender under this sec�ion sha�� bec�m� additiana� debt of Borrnv�rer se+�ured �ay this
<br /> 5ecurzty Ins�rume��. Unless B�rrower a�.d Lender agre� �o ather terms of payment, �hese amour��s shaXl bear
<br /> interest fi�m �he date af di�Fbursement at the same rate assessed Qn advances under �he Co�tract and sha�� be
<br /> payab�e,with in�erest,upon n.a�ice from Lender�o Borrov�er re�ues��ng payment.
<br /> C�2��4-�415 Campliance Systems,Inc.8C54-D965-24t5.1 I.3.ID98
<br /> Cvnsumer Real Es#ate-Security Tnstnimen#DL:'.43b Page 2 of 5 www.�ampliancesyster�s.carn
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