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2� 1 ��3425 <br /> Security Instrumen�� wh�ther ar not then due, wi�h ariy e�cess paid �o B orrflw�re If B orr�wer abandons the <br /> Prop�rty, or does r�o�answer with�n th�e number�f days prescrib�d by Appl�cab��Law as se�farth in a notice from <br /> Lend�r�a Barrower that�he insurance carrier has �ff�red to sett�e a�laim, th�n Lend�r may collec��he �nsurance <br /> pro�eeds. Lender may u�e the pr�ce�ds ta repair or res��re th� Property �r ta pay sums secured by this Security <br /> Instrument,whet�er or not then due.The period of time for Borrower�o answ�r as se�farth in�he n�ti�e will beg�n <br /> when the notice��givene <br /> Unl�ss Lender and Borrower o�.h.erwise abree in writinb, any applxcation af proceeds �o pr�nc�pal �hall not extend <br /> or pastpone the due date of the p�yments due under th� Con�ra�t or�hange �he amouri�of the payments. If un��r <br /> the sect�on tit�ed Ac�el��°a�ian; Remedies, the Proper�y�s acqu�red by Lend�r9 �orrawer's ri�ht to any insurance <br /> p�ii�xes and prace�ds resu�ting fr�m damage �o �he Property pr�or �o the acquisition shall pass to Lender t� the <br /> extent of the sums secu�°�d by th�s Secur�ty In��run�ent immed�ately pr�or tn the a�qulsitian. <br /> Preservatian, Ma�ntenance and Pratec�ian af the Pro��rty; Borr�wer's �van Appl�ca�ion; Leas�h��c�s. <br /> Borrower sha�l not destroy, dama�e or impair�ie Property, allovv the Proper��to d��eriorate, or comm��waste on <br /> the Property.Borrower shal�be in default�f any forfei�ur�act.ion or procee��ng, wh.e�her civ�l or cr�rruna�,xs begun <br /> that in Len�ier's good faith j udgmen� could re�u�t in forf�i�ure af the Property or o�erwise materially imp�r the <br /> lien cre�ted by t�iis Se�urity Instrum�n� ar Len�er's security interes�. B orrovv�r may cure such a defau�t and <br /> r�insta�t�, a�prov�ded in sec�ian titled Borr�wer's�ibht to R�instate, by causin�the ac�ion ar proceedin�t� be <br /> dismissed w�th a ru��ng tha�, in Lender's good faith determ�.na�ion,pr�cludes forfe�ture of.th�B orrov��r's interest in <br /> the Proper�y or other material impairment of the ��en crea�ed by �his Secur�ty �n5trument or Lender's security <br /> int�rest.Borrawer shall a�so be in defaul�if Barrower,durinb the�oan app�icat�on proce�s,gave rnat�rial�y false or <br /> �naccurate inforrr�a�ion or ��a�emen�s �� Lender �or fai�ed �o provide Lender with any material informa�.on} in <br /> connecti�n with th�laan evidenced by the Con�ract. If th�s Secur�ty Instxumen� i� an a�easehold, Borrower sha�l <br /> �amp�y with a�i the pro�isi�ns of the lease.If Borro�er a�quires fee tit�e��the Praper�y,th��eas�hald and the fee <br /> �itle shall not merge un�ess L�n�ler abrees to the merger in vvr�t�ng. <br /> Pro�E�tion �f Len�er's Ri�hts in the Pr�perty. If Borrower fails to p�rfarm �h� covenan�s and a�reements <br /> contained in this Securi�y Instr�mer�t, or there�s a�egal proceeding that may�i�nifican�l�affect Lender's ri�hts in <br /> the Prflperty �such as a proceedin� in bankruptcy, probate, for condemna�ion �r forfeiture ar to enforce �aws or <br /> regu�a�ions�, �hen Lender may d� and pay for wha�ever is necessary to pra��ct the va�ue of the Proper�y �nd <br /> Len�ler's righ�s in the Property. Ler�d�r's ac��ons may inc�ude paying any sums sec�red by a lien which has prior�ty <br /> over this Securi�y Instrumen�, appearing in caur�, payin�reasanabl�attorn�ys'fees and enterin�on the Property�o <br /> make r�pa�rs.Although Lender may�ake a��ion under this sec�ian,Lender does n�t have to do so. <br /> Any amounts disbursed b� Lender under �his section shal� become addi�ional debt �f Barrower s�cured by �his <br /> Security Instrument. Unless Borrovver and Lender agree to ather terms of paymen�, thes� arnounts sha�l bear <br /> interest from �he dat� of dxsbu.rsem�r�t at the sam� ra�� assessed �n advances under the �ontract and shal� be <br /> payable,with interes�,upan no��ce from Lender�o Borrower reques�ing paymen�. <br /> Insp�cti�n. Lender or i�s agent may xnake reasanable entr�es upon and�nspec�ians af the Property. Len�ler sha�l <br /> g�ve Borr�v�r�r nota��at�he time of�r prior t�an inspec�ion specifying reasonab�e cause for the inspec��on. <br /> Condemnati�n.The proceeds of any award or claim for dama�e�, d�rect or c�nsequ�n�ia�,in connect�on with any <br /> Gond�mnatian or other�aking of any par�of the Proper�y, or for conv�yance in Iieu of c�nd�mna��on, are hereby <br /> assigned and shall b�paid to L�nder. <br /> In the even� of a ta�al taking of the Property, the proceeds shall be applied to the su.ms secured by th�s Se�uri�y <br /> Instrum�n�, whether or no� then due, with any excess paid to B orr�wer. In tkie e�ent of a partia� takin� �f the <br /> Froperty in which th� fair market va�ue of the Property immediat�Iy befare �he taking is e�qua� ta or gr�ater than <br /> th� amount of the sums �ecured �y this Security Ins�rument imm��ia�ely�aefore the taking, unless Borr°ower and <br /> Lend�r otherwise a�ree in writinb,the sums secured by thxs Security Instr�.iment shall be r�duced by the amount of <br /> th�proce�ds mult�plied by the fa��owing fraction: �a}�he tota��.rnount of the sums secured immed�ately before the <br /> taking, dz�ided by �b} the fair marl�et va�ue of th� Property immediate�y before the tak�ng. Any balance shall be <br /> paid ta Borrawer. rn the event af a paxtaal taking of th� Property in whi�h the fa�° market va�ue of the Property <br /> �2�Q4-2D15 Cotnp�iance 5ystems,Inc.8C5�-7E3�-2�15.11.3.1��$ <br /> Cansuiner Real Estat�-Security Instnunent I�L243� Page 3 of 7 www.compliancesystexns.�om <br /> �� <br /> � <br /> �� <br /> ���u <br />