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2� 1 ��388� <br /> Pay�nen�of Pr�ncipa�and I�terest; �ther Cha�ges.Bo�row�r sha1�prampt�y pay wr�en due�he prin�ipa�af and <br /> inter�s�on the debt ov�ed under the Con�rac�ar�d late charges or any��her fees and charges due und�r�he�Qn�act. <br /> App�icab�e Law. As used �n this Se�uri�:y �ns�rument, �he t��-m "Appiicab�e Law" shal� mean a�1 c�ntr�l�ing <br /> applicable federal, s�a�e and loca� s�a�utes, re�;ula�x�ns, ord�nan�es and adm�nistrative rules and orders ��hat ha�e <br /> the�ffec�of�aw}as v�e�l as a�l app�icable fnal,non-appea�able jud�ci�.l opi�ions. <br /> Charges; Liens. B�rrow�r shall pay a�l ta�f�s, assessmen�s, charg�s, fnes and imp�sitians attribu�able �o �he <br /> Property whi�h may at�ain pr�ority aver th�s Security �ns�rume��t, and Ieaseho�d payme�n�s ar gr�und rents, �f any. <br /> A��he reques�t of Lender,Borrovver s�ia�l prorn.p�l�furnish�o Lender receip�s e�idencin�;the paymen�s. <br /> B�rrower sha��prampt�� dxscharg� any �ien wh�ch has priar�ty o�er�his Securi�y�nstr�ument un�ess Borr�wer: �a� <br /> agrees in �vri�ing �o �he payment of the obl�,�a��on secured b� the lien i� a manner a�cep�able to Lender; �b� <br /> c�n�es�s �n g��d fa�th the �ien by, or defer�ds aga�nst enforcemen� �f�he ��en in, lega.l proceedings vvhich in �he <br /> Lend�r's opinion operate to pre�en� �he enfo�r�ement of�he l�en; o� �c� secures fro�7� �he holder af�he l�en an <br /> agre�ment sa��sfac��ry to Lender subord�natin,�tl�.e ��er�to�his Se�uri�y �nstrument. �f Lender de�ermines that any <br /> par�of�he Property �s subjec��a a lien which may atta�n prior�t�y o�er th�s Securit��n�strument, L�nder may gi�e <br /> Borr�wer a no�ice identifying the lien. Borr�v►�er sha11 satisfy�he lien or take nne ar��ore af the �.���ons set forth <br /> abo�e within 1�days of�he giving of notice. <br /> Hazar� ar Praperty Insura�.ce. Borrower s�ia�l keep�he impr��en�en�s naw exis��ng or hereafter erec�ed on�he <br /> Pr�pert��nsured against�oss by fire,ha�ards i nc�uded vv��hin��e�erm"extended�over��ge" and any o�her ha�ards, <br /> xncluding fl�ods or fla�ding, for v�•hi�h Len��er requ�res �nsurance. This �nsurance shal� be main�air�ed � the <br /> amounts and far the peri�ds�hat Lender requires. Th��nsuranc�carri�r providing�he i��surance shall be�h�sen by <br /> Barrov��r subject to Lender's appro�a� �vhich sha1� no� be unreasana�aly �ithheld. �f Borrov�er f.ai�s �� ma�n�ain <br /> coverage descr�bed ab�We, Lender may, at ]:�er�der's opt�on, �b�ain c��e�rage �o pr��tec� Lender's righ�s �r� the <br /> Property�n accar�anc�wi�h se��i�n�t�tled Prvtvec$io��f Lende�-'s Rights in the Property. <br /> A�1 insurance poiicies and rene�va�s shall be {�c��ptab�e �o Lender a�.d sha�l include a. standar�. mortgage clause. <br /> Lender sha�1 ha�e the right�u ho�d the pol�c�e:�and renev�rals. �f Lender requires, Barrc��nrer shald promp��y g�ve�� <br /> Lender a��receip�s af paid premium.s and rene�wa�notic�s. ��th� e�ent af��ss, B�rrov�rer sha�l giv�prompt notice <br /> �a�he insurance carrier and Le�der.Lender m��y make�roaf of��ss if no�mad�promptly�by Bflrr�v�er. <br /> Uniess Lender.and B�rr�wer �therw�se agre�� in v�rr�ting, insurance proceeds sha�l b�� app�ied to res��ra���n ar <br /> repair of�h� Fraperty damaged, if, in Le�der's sale d�sere�ion, the restora�ion or rep���r �s econom�cal�y feas�b�e <br /> and Lender's security �s not lessened. �f, i�� L��nc�er's so�e discr�tian, �he res�ora�ion or� repair is not econom��al�y <br /> feasible or Lender's s�curxty�►rou�d be lessene�l,the insurance pr��eeds shall be applied�o the sums secur�d hy�hxs <br /> Securi�.y �nstrum�nt, whether or nat �hen d�_e, with any ex�ess pa�d tfl Borrower. �f Borro�t�ver aba�dons �he <br /> Property, or does nflt answer�vith�n the numb�:r af da�s prescri�ed b�Applicable Lav�as set far�h in a nati�e�rom <br /> Lender to B�rrov�er�hat the insurance carrier has offered�o s���e a claim, then Lende,r may colle�t the �nsur�.n�e <br /> proceeds. Lender may use �h� pr�ceeds �o re�3a�r or restflre th� Pr�per�y or t� pay su�ns secured b��his Secur�ty <br /> Instrument,whether or no��hen due.The periad of t�me for Bor��wer�o ansv��r as set forth�n the n�ti�e v���l begin <br /> when the notice is gi�en. <br /> Unl�ss Lender and Barrower oth�rv�-ise agree in vvriting, any app�ication o�praceeds t�principa� shall nat extend <br /> ar p�s�pone the due date�f�he�aymen�s due under�he �on�ract�r c�ange the amau���of�he paymen�s. If under <br /> the sec��an titled Ac�e�eration; Remed�es, �hkv Proper� �s a�quired by Le��der, Borr���er's righ�to any �nsur.ance <br /> po�i�ies and proceeds resul��ng fir�m damage ta �he Properry �pri�r�� the acquisition sha�� pass to Lend�r �o the <br /> exten�af the sums secured by this Security Ins�trumen��mmedia�ely prior�a�he acquisi�io�. <br /> Pre��r�atinn, Ma�r�tenanc� and Protect�o�� of the Proper�ty; �orravver'� Loan Applicat�o�; Leaseho�ds. <br /> Borro�er sha1�not destroy, damage or impair t�e Property, a���w th�Proper�y t� det��r�orate, or comm��was�e �n <br /> the Proper�y.Borro�ver shall be in defaui�if a�i�f�rfei�ure ac�����r proceeding,whe�hE�r civil ar cr�mina�, is b�gun <br /> tha� in Lender's go�d faith judgm�nt c�u�d result in forfe�ture of the Prap�r�y or ��her�ise materia�Iy impai�the <br /> ��en created �y th�s Securxty Ins�rumen� �r 1Le�der's secur�� inter�st. B�rrovver �a.y cure such a defau�� and <br /> re�ns�ate, as pravided �n sect��n�i�led B��-r�v��er's Righ� to R�ins�ate, by causirig�h� ac��on or prticeed�ng�o be <br /> d�sm�ssed v�ith a ru�ing that,i�r Lendur`s gQod�fai�h de�erm�na��an,precludes farfe��ure t3f�he�3orrflvver's in�er�s�in <br /> the property or �ther ma�erial impairmen� o{�tl�e I�en created by thxs Se�ur��y �nstr�urnent ar Lender's sec�rxty <br /> �nteres�.Borrov�er shal�also be in default if Bc3rrower,dur�ng the 1oa��appl�ca�ion proc�ess,ga�e ma�erially false�r <br /> �nacCura�e informat�on or sta�ements to Len�:er �or failed to �rovide Lender with a��� rnaterial informa��on} �n <br /> connec�ti�n w�th�he Ioan e��den�ed]�y�he �c}ntrac�. �f�h�s Se���rity Instrument is on �� Ieasehold, Bor�-ovsrer sha�1 <br /> c�mp�y v�rith all the provisi�ns of�he lease. �f:B�rrav�er acquires fee�i�le to the Property,the leaseh��d and�h�fee <br /> t��le shall not merge unless Lender agrees to�he rnerger in wr�t�ng. � <br /> Protect�on of Lender's Righ�s 1n the Pra�tier�y. �f Borrow�r fa�Xs to perform �he covenants and abreerr�en�s <br /> cont�.ined in�his Security�nstrum�n�, or there �s a.�egal proce�ding tha�may significarrt�y affect Lender's righ�s in <br /> the Proper�y �such as a proceedi�g �n bankrup�cy, probate, far condemna�ion or f�rfE,i�ure �r�o enfarce �av�Ts or <br /> regulat��ns}, the� Lender may da and pay f�r whateve� �s necess�.ry to pro�ect the �a�ue af. the Pr�per�ty and <br /> Lender's r�ghts in the Praper�y. Lender's ac���r�s��.ay include pa��ng any sums secured by a Zien vvh�ch has pri�r�ty <br /> o�er�his Security�nstrumen�, app�ar�ng�n co��rt,paying reasonable a�tarneys'fees and�ntering an the�roperty�t� <br /> make repairs.Al�hough Lender ma�take actio�n under this se�ti�n,Ler�der does no�have ta do so. <br /> Any amounts disbursed by Lender under this sectian shali becom.e �dditiana� debt o�f�orr�v�er secured by this <br /> Security Instrument. Unless Borra�nrer and Lender a�ree to ��her �erms af pa}rment:, �hese am�unts sha�X bear <br /> C 2�D4-2�15 Coxnpliance Systems,Znc.8C54-8A96-Z�JS.�t.3.ID98 <br /> Cansume�Real Estate-5e�urity�nstr�n�►ent DL2fl35 Page Z af 5 www.cam}�Iiancesystems.cQm <br />