2� 1 ��3227
<br /> Pa�rnent of�'rincipa�and In�erest; �th�r[�h�rg�s.Borr�wer sha�I pror���ly pay�vhen due�he principal o:�and
<br /> inter�s�on�he�ebt owed under�h���ntract and�a�e charges�r any���her fees an�cha��e��ue un��r the Contrac�.
<br /> App�i�able Law. As used �n this Se�urity �r�s�rumen�, �he t�rm '''Appli�a�le Lavvt' shail mean a�� cantrall�ng
<br /> applicable federa�, s�a�e �rid laca� sta�u�es, regu�ati�ns, ard�nar��es ��nd a��nin�stra���e r�Ies and ard�rs �that ha�e
<br /> �l�e�ffect of law�as well as a��appl�cable finai,n�n-a�pea�able�udicial opinions.
<br /> �harges; L�ensa Barr��ver shal� pay a�� tax:es, assessmen�s, �harg;es, f�ne� and im�)o5iti�n5 at�ributab�� t� �he
<br /> Prop�r�y v�hich r�ay at�ain pri�ri�y o�er��is ��ecuri�y I��s�rum���, and �eas�hold paym€unts �r ground rents, �f�any.
<br /> A�t�e reques�of Lender,B�rrower shall prorr�p�l�furnish t�L�nder receip�s�eWidencing�h�payments.
<br /> Bo�-rower sha��prQmp��y discha.rge any �ien v�rhich has priority �ver this S�cur�ty Tnstrurnen�un�ess Borrov�rer: �a�
<br /> agre�s in writ�ng t� the payment of�he obI iba�i�n se�ured b� ���e �l�I� lrl a manne-r accep�cable �o Lender; ��}
<br /> cont�s�ts in go�d faith th� l�en b�, or d�fend�� against enf�rcemen� �f�he l�er� in, leg�al pr�ceedings vvh�ch in the
<br /> Lender's opin�on apera�e �o pre�en� �he enf�yr�emen� �f the Iien; c�r ��} se�ures fr�x� �he ho�der of�he ���n an
<br /> agre�ment sat�sfac�ory to Lender sub�rdir�a��r�g�he �lien�o�his Secu�rity Ins�rument. If�ender determ.�nes that any
<br /> par�of�he Pr�perty is s�bjec��o a l�en which�nay a�tain pr�ori�y o��er this S�curi�y L�strumen�, Lende�ma� gi�e
<br /> Borrower a na�ice iden���y�ng the i��n. Borro��r�r shal� sa�isfy the l�er�or�ak� one �r rnare of�he acti�ns se�for�h
<br /> above within 1�days�f the g�ving of n�ti�e.
<br /> Hazard or]P�opert� �nsura�ce. B�rrow�r shali keep the impr�ve�l�nts no�ex�stin�; or hereafter erected an�he
<br /> Proper�y�nsured agains�I�ss by fre,haz�.rds:�ncluded with�n�h�terrn "ext�n�ed ca�e�-age" and any�th�r ha�ards,
<br /> inc�uding floads �r flo��ing, f�r v�hich Ler.�de� requires insuranc��. This insurance shall be maintair�ed ir� �he
<br /> amounts and for�he per��ds�ha�Lender requires. The insuranc�carri�r pro�iding the ir�surance shal�be chos�n by
<br /> B�rr�wer sub�ec� to Lender's appraval vvhic�i shal� no� �e unr�asanably �v��hheld. �f�Borr��ver fails t� mainta�n
<br /> c���rage described abo�e, Lender may, at Lender`s a�tion, ob�ai�n �a��rage �o pr{���ct Le�der's r�ghts ir� �he
<br /> Property in accordance�vith sec��on titled�rote�tia�af Lerrd��~'s R�ights�n�the�'rop�rty.
<br /> A�1 �nsurance pal�c�es and renev�als sha�l be acceptable �o Lender ��nd sl�a�l inc�ude � s�andard mortgag� �lause.
<br /> Lender sha�l hav��he r�ght�o h��d the polici�:s and renev�rals. �f Lender requires, B�rr��ver shal� prompt�y g�ve t�
<br /> Lender al�receip�s af paid premiums and�en{�v�al�n��ices. In tl�e ��v�:nt of loss, Barr��u�r sha�l gi�e prompt n.o��ce
<br /> to the�nsurance car��ier and Lender.Ler��er m=ay�nake pro�f af�ass�f no�mac�e promp���y by Bo�rawer.
<br /> Unless Lender and Ba�-ro�ver otherw�se agree �n wr�ting, insuranc�� proc�e�s s�a11 ��e applied to restora�ion or
<br /> repair of the Pr�per�y d�.maged, �f, in Lende.r's sole d�scre��on, �he r�stora�i�n or repair is e�on�mi�ally f�a:sihle
<br /> and Lender's secur�fiy �s not l�ssened. If, in Lender4s s��e discre�ion., �he res�oration or repair is no� econflmically
<br /> feasib�e or Lender's se�ur�ty v�auld be Iessene�,the insuran�e pracee�ds sha�l be app�iec�to t�e sums se�ured�y�his
<br /> Secur��y �nstrumen�, �h�ther or no�t t�en d«e, wi�h any excess p�ai� to ��n-o�ver. �� Borrower abandon� �he
<br /> Proper�y, or does not answer w��hin�he numb�ur af days pr�scr��ed b,y App�icab�e Lavv as se�for�h in a nat�ce fr�m
<br /> Lender to Borro�ver that the �nsurance carrier has offered�a settle a c�ai�-n, tl�en Lend��r may ca��ect���e i�su�-arice
<br /> proc�eds. Lender ma�use �he proce�ds �o r�pair ar re��o�-e �he Pro�erty or t� pay surr�s seCured by this Secur�ty
<br /> Instrumen�,v�hether or no��hen due.The period of�i��ne for B��rrovve�-�o answer as set�-or�h�n the no�ice v��ll�eg;i�n
<br /> w�en t�he no���e�s��Wen.
<br /> Unless Lender and Borrt��ver�the�-�vise agree i��vriting, any ap��ica�ion of pr�ceeds��o prin�ipa� sha�l nQ�e���end
<br /> ar pos�pone the due da�e of�he pay��nents due urnder t��e C�ntrac� ar change�he amou��t of�he paymen�s. �f u�nder
<br /> �he se�t�on titled Accelerat�o�; �tem�dies, the Pr�per�y is ac�u�red by Lender, Barrower`s right�o any ��surance
<br /> pa�icies and proceeds result�ng fr�tn damage ta �he Pr�per�y prior t� the a�quisi�ion shal� pass to Lend�r t� the
<br /> exte�t af��e sums secure�l by th�s Se�ur�ty�n�trumen�immed�a�ely p:r�or���he a�quzs��:ian.
<br /> Preservatian, Mai�te�ance ar�d Prv�e���o�� o� the Proper�y; E�orr�v�e�r�s Loa� �.��lica��on; L�aseho�ds.
<br /> B�rr��ver shall n��destrQy, dam.age or�rnpair �h� Proper�ty, a���w the Pro�er�y to deteri�rate, or comm�t�as��� on
<br /> �he Pr�perry. �3orrower sl�al�be in defaul�if a�ly�t�rfe���re a�ti�n or proceeding,whe�h��r�i�i�or crimina�,is b�egun
<br /> �hat in Lender's gflod fai�h�udgmen� cou�d r�,su��t �n farfeiture of�h�� Pr�per�y or ath�lrwise materia��y impa�r�he
<br /> lien crea��d by �h�s Securi�y Ins�ru�nent ar LenderTs security in�er�es�. �3�rrower may cure such a defau�� and
<br /> re�ns�ate, as pravided �n se��i�n�i��ed S�ra-��v�er'� I�iglht�� l�.�ins����e, by causing�h�E� a��ion or proceed�ng ta be
<br /> d�sm�ssed with a ru�in�t�ia�, in Lender's g�od fai�h de�ermina�ion,pr���ludes forfeiture ❑f�h�Borra�er's�n�erest in
<br /> �he �'rop�r�y ar ��her ma�erial �mpairmen� af the lien c�-�ated �by �:his Seci�rity �ns�r�m�n� �r Lender's security
<br /> in�e��st. Bo�-rov��r shall alsa ve in defaul�if B��rrower,during t�e�oan app���a�ion process,ga�e materially fa�s�or
<br /> inaccura�e inforr�la�ion or sta�ements to Lencier �or failed ta provi�l� Lend�r with a�ny mater�al infor�natio�a� in
<br /> �onnect��n wi�h�he Ioan evid�nc�d by the Contrac�. �f ih�s Secur��y �nstrum�n� is on a�easehold, Borr��nrer sha�l
<br /> comply v��th a��the pr��isions of�he iease. �f Bo�r-ower��q�.��res fee�i��e��th�Proper�ty,the leaseh�ld and th�fee
<br /> tit�e sha1�not rnerge un less Lender agrees�o�:h��e n�erger in�ri�t�ng.
<br /> ]Pr��ec�inn of L�nder's Rights in the �'ro�ert�. If�3a�o�er fa���s to �erf�rm the cav�nants and agreements
<br /> c�nta�ned in�his Security�nstrument, �r there �s a�egal praceed�ng#:hat may signif�ca�a�ly affec�LenderYs r�gh�s �n
<br /> the Proper�y �such as a�roceeding in �ankrup�cy, p��ba�e, f�r cont�emnat�on ar ft�rf����ure or �fl enforce �a�vs ar
<br /> regula�i�ns}, �hen Lend�� may do and pay for v�hate�rer is n�cess�.ry �� pro�ect the �raiue of the Proper#.y and
<br /> Lender's righ�s �n�he Pr�per�y. �ender's actions may inclu�e p�yi�g��ny sums secured�y a lien w�ich h�.s przarit�
<br /> over�his Security Ins�rumen�, appear�ng�n ca�ar�, pay�ng reasar�able�.�torney�'fees a��l enter�ng on the Proper�y-�o
<br /> make repai�s.Although Lender may�a�e actian und�r�h�s s��t��n,L,�,nder does not hav�to da so.
<br /> Any amoun�s disbursed hy Lender under this� section sha�� be�ome addition.al d�bt of Borr�wer secured by this
<br /> Security �ns�rum�nt. Unless B�rrower and Ler�der ag�ee to a�her �erms of paymen�., these amounts sh�.l� �ear
<br /> 0 2��4-24�5 CarnpIiarice Systems,Tnc.8C54-F588-2015.11.3.1098
<br /> Consur�er Real Estate-Secz��-ity Instrurnent DL2Q�G Pabe 2 o�S www,comptiancesysterns.cam
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