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2� 1 ��2993 <br /> Appi�cabl� �avv. As used in t�is Securit� Yns�rument, �he ���r�-n "App��cab�e Lav�" sha�i meari a�I �t�n�r�lling <br /> app�ica�ble federal, sta�e and locai s�a�u��s, regui�.�ians, ardinar�ces and ad�ninistra�i�e ru�es and orders {that have <br /> �he effe��of�avv�as v�e�l as a��appli�able f�r�a�,nan-appeaiable jud�cia�ap�n��r�s. <br /> Charge�; Lien�. Borrovv�r �ha�l pay ali �axes, assessrnents, charges, fnes arid impos��ions attr�butable to �h� <br /> Pr�per�y vWhic�� may at�ain�riflri�.y a�er�his Securi�:y �:ns�ru�ne��t, �nd I�aseh��d payments �r gr�und ren�s, �f any. <br /> At the requ�s�of Lender,Bor�ov�rer sha�l promptly furn}sh��Lender r�ceip�s e�idenc�ng�he payments. <br /> Barr�w�r s�a�i pr�mpt�y discharge any l�en which has�r��ri�y ��er�his Securi�y �nstrumen�un�ess B�r�-��er: �a3 <br /> agrees �n wr���nb tQ �he payme�t of the �biigation se�ur�d b�y the ��en in a manner a�cepta��e to Lender; �b� <br /> con�es�s in good fa��h �he �ien by, or defends agai��s�: �nforcer�.en� �f�h� �ien in, legal pr�c�edings wh��h �n �he <br /> Lender's opin��n op�ra�e �o pre�e��� �the enforce�n�nt of-�he lien; or �c} secures fr�m the halder of�Y�►e �ien ari <br /> agreemen�satisfaciory to Lende� s�bordi�atinb��e ��en �a this S��ur��.y �ns�rument. �f Lender de�ermines�ha�any <br /> pa�-t of the Pr�p�rty �s sub�ec��o a i�en �h��h mr�.y at�a�n px-ior�i�y ���r this Secur�ty Instrument, L�nd�r may gx�� <br /> B�rr�v�er a no��c� identify�ng�l�e l��n. B��-r�w�r sh�l� sa�isfy t�ie Iien��r take one ar lnare of th� actions set forth <br /> aba�e v���h in ��da�s af�he gi�ing of no��ce. <br /> H�zard �r 1'roperty Insur�.n��. Borrawer shal� keep�he �mproveme�nts riaw existing ar hereafter erecfed o�n�he <br /> Property insured agains�loss�by fire,ha�ards included�nrithin tl��e�erm "ex�ended caverage" and any other hazards, <br /> includ�ng fl�ods or f��ad�ng, far whi�h Lender requ�res insr.�rance. Th�s insurance shal� be rna�n�ain�ed in �he <br /> am�un�s and for�he periads�hat Le�der requires. The insuran���carrier pro�iding the insurance sha��be r�hasen by <br /> Barr�wer sub�ec� �o Lender's appraval w�ich s��a�i no� be un��easonab�y withheld. If Borr�wer fai�s to� ma�n�ain <br /> co�erage descr�bed ab�ve, Lender may, a� Le�der's opt�on, �b�ain co�erage to pro�ec� Len�er's r�ghts in the <br /> Propert�r i��accorda��ce with secti�n t���ed P��tec������f Le�d�r's I�i�hts in th�]Property. <br /> AI� �nsurar�ce pol�cies and rene�vals shall be accep�able t� L���der a�d shal� include a s�andar� m�r�ga�e c�ause. <br /> Lender shall have the r�ght�a h�ld the pol�c�es and renev�als. Xf L�nder requires, Barrov�er shall promp�:�y give�o <br /> Lender all receip�s�f paid prerniums and renewa��o�ices. In�lhe e�ent of�oss, Borrov�rer shal�give pr�mpt notice <br /> �o the insuran�e car��ier a�d Lender.Le-�der may ma�e prflof of l�ss if n�t made pr�mp�ty by Barrower. <br /> Unless Lender and Borr�v�er �therwise agree in w�-iting, ins�arance pr�ceeds shal� be appl�e� �o res��rat�on �r <br /> repa�r of the Pr�pe��y damaged, if, in Lender's s�le discr��:i�r.l, �he �-estora�i�n or repair is ecan�m�cal�y f�asibTe <br /> and Lender's securi� is no� lessened. If, ix� �Lender's s�le disc�-e��on, �he restoration or repair is nat econamical�y <br /> feas�ble�r Lender's security wou�d�e lessened,the�n�urance prflc�eds sha�l be�pp�ied ta�he surns secured by�his <br /> Security �nstrument, �vhe�her �r n�� t��en due, v�i�h any e�cess pa�d �o B�rro�ver. �f Bo��r�wer al�amd�ns the <br /> Proper�, or d�es no�answer wi�hi�a�he number�f da�s pre�cr�be�b�App�icable Lavv as set for�h i�a n�tice fram <br /> L�nder t� B�rrawer�hat the �nsur���ce carrier has off�red t� sE�t�l� a�la�m,�hen Le��der may co�lect�h� insuran�e <br /> praceeds. Lender may use �h� pra�eeds �o repair or res�ore the Prape�-�y �r ta pay s�.��ns securFd by�his Secur�ty <br /> Ins�rumen�,wheth�r ar nat�hen due. The period a���me f.or Boa-rawer to answer as set for�h in�h�no���e wi�l begin <br /> �vhen t:he na�ice is g�ven. <br /> Ur��e�s Le.nder and �arrow�r o�herv�ise agr�e in�riting, any a.pplicati�n of praceeds�o princ�p�.l shal�n��ex�end <br /> or pos�pone�he due date af�he pay�nents due ur��ier the Con�r�����r change the amflu��of�he payment,. �f under <br /> the sec�:i�n�itied.�c�e�erati���; �t�med�es, �he Pr�perty is a�c�u�red by]Lende�, Borrovver's right�� an� insurance <br /> pali�i�s and proceeds resu�ting frorn damage t� �the Pr�perty pri�r�� the acqu�sit�on shal� pas� �o Lender to the <br /> extent of the sums sec�.�red b�y�h�s Securi�ty�nstrur�er��immed�a.te�y pri�r to�he acqu�sit�on. <br /> ]Pr�servatian, �a�n�enan�e and ]P�-o�ec�ia� af t�e ��-opei-ty; B�rrower°s L��.n �ppli�a��vn; L�aseholds. <br /> Borr�wer shal� not destroy, damage or impa�r the Pr�pe�-ty, at��v�th�Prope�-��t� deteriora��, or comm����v�ras�e on <br /> �he Pra�er�y. Borrovsr�r sha11�e in defau��t if any forfe����re act�t�n�r pr�ceeding,whe�h�r�ivil or cr�m�na�,is begun <br /> that in Lender's g��d fai�h judgment could resu�� }n f�rfeitur-e of the Proper�y �r ��herv�rise materia��y impair�the <br /> lien created �b� �his S�cur��y �nst�umen� �r Lender's securi�r 1n��r�5�. Borrower n�ay cure such a d�fau�� and <br /> reinstate, as provided �n sectinn �itled �orrowerrs R.�g�t �� �.ein�tat�, b�causing the action�r praceed�ng ta b� <br /> dismissed with a rulin��hat, �n Lender's go�d faith de�er�n�nat���n,preclud�s forfeiture of�he Bo�row�r's interes��n <br /> the Proper�y ar ��he�• ma�er�al im�a�rment af��e l�en �reate�� by �his Se�urity �ns�rumen� ar Lender's secur��y <br /> in�eres�. Barrav�e�r shalt a�so be �n defau��if Ba�rr��rer,during the�oan applica��on�ro�ess,gave material�y false�r <br /> inaccurate ��forrnatio�-� �r state�r}.en�s t❑ Lender �a�• fa��ed to pro�ide Lender v��th any mater�al infar�nation� �n <br /> �onnec��an w�th�he laan evidenced by�he ��ntract. �f this Se:cur��y �nstru�ment �s on a�ease��o�d, BQrrr�v�er sha�1 <br /> cam.p�y w��h a�l�he provisions�f t�e lease. If F��rr�v�er acquirsvs fee title�a the Pr�perty,���e lea�eha�d and the fee <br /> ����e shait na��-nerge unless Len�er agrees���he i�erger���v�rri�ing. <br /> Prate�tian of Lende�-'s �iights �n the P��pe�-�y. �f Borrow�er fa��s to perf�rm the �ovenan�s and agreements <br /> con�aine�in�his Securi�ty�n��rument, or�here �s a�ega1 p�oce�ld�ng�hat may sign�f�an��y affec�Lenderrs rights in <br /> �he Proper�y �such as a pro�eedin� in banl�ruptcy, probate, fo�� c�ndemnation ar forfe�ture or�o enf�r�e �av5rs ar <br /> regula�:ions�, then Lender may da and pay for whate�er is r�e�essary �o pr�tec� �he �a�ue of�h� Property and <br /> Lender's righ�s iri the Pr�per�y. Lender's ac�ions may include paying any sums secured�y a�ien�hich h�as priori�y <br /> �Wer�his S�curi�y Instrume��t, appearing in��ur�, paying reasonab�e attorneys'fees and enter�ng on the Fr.oper�y�o <br /> z�c�ake repairs.Al�h�ugh Lender may ta�e ac�i�n under���is sec�i:or�,Lender daes no�ha�e�o da s�. <br /> Any am�ur��s dis�ursed by Le-�der under �his sec�ion shall b�lcome �.dditiona� deb� of�orraw�r secured by �h�s <br /> Secu�i�y �nstrument. �Jnless Borrower and Lender agree �o ��her �erms af pa�ment, these amounts shall bear <br /> inter�st fi am the da�e of disbursemen� at �he sa�ne ra�e assessed �n ad�ances under the Cari�ract and sha�1 be <br /> payable,wi�h interes�,upo���o�:ice fr�m Lender ta Bo�rav�er rec�uesti�g�aymen�. <br /> �2444-'?D15 Campliance Systems,Inc.8C5�-4D87-20�5.11.3.�098 <br /> Consur�er Real Estate-Security Inst���mer�t DL203� Page 2 af 5 www.corr�plian�esystems.�o:-n <br />