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2� 1 ���4�5 <br /> Applieat�on of Payments. Un�ess Appl�Gab�e Law provides otherwise, aIl paymen�s rec���ed by Lender sha��be <br /> app��ed: f rst, �fl any prepaym�n� �harges due under th�No�e; secand, �o �nt�res� due; th�rd, �� priric�pa� due; and <br /> �as�,to any late charges due under the Not�. <br /> Charges; L�ens. B�rrovver shall pa.y a�� �ax�s, a�sessments, c�harges, f nes and xmposz��ans at�ributabl� ta �he <br /> Prap�rty vvhxch may attain priarz�y aver this Securi�y�nstrument, and ��as�hc�ld payments or ground rents, �f any. <br /> Barrawer shall pay�hese �b�iga�ions fln time and d�r�c��y to the persa�flwed paymen�. At�he reques�of Lender, <br /> Borrower sha�l pramp�Iy furnxsh to Lender rece�pts evidenczng�he pa�m�n�s. <br /> Borrawer shall prompt�y d�scharge any lien wh�ch has pr�nrity �ver�h�s Sec�:�r�ty�nst�rum�nt un�e�s BorrovWer: �a� <br /> agr�es �n wr�t�ng �a the payment of�he ab�zga�zon secured by �he �xen xn ,�. n�.anner acceptable �o L�nder; (b} <br /> �ontiests �n g�od fa��h the �ien by, ar defends against enforcement of�h� ��en �n, l�gal proceedings �vh�ch �n the <br /> Lender's opinxon opera�e to pre�en� the enforcem�n� of the ixen; or �c� secures from the ha�d�r of�he I�e� an � <br /> agreement satxsfac�ory to Lender subordina�ing�he �zen to this SecurY��Instrument. �f Lender d�t�rmines�ha�any <br /> par� of�he Prap�rty is subj ect to a��en wh�ch may atta�n przor�ty �ver�h�s Security�nstrument, Lender may give <br /> Borrow�r a�atice identifying�he ��en. Borrower shaX� satisfy th� l�en or�ake one ar more �f the actions �e��'or�h <br /> above�wi�h�n 1�days of�he g��ing of nat�ce. <br /> I3azard or Property Insurance. Borrov�er shal�keep�h� �mpravements novv ex�s�xng ar hereafter erecte�on�he <br /> Proper�y insured agai.nst�oss by f r�,hazards included w�thin the term"ex�ended c�verage" and ax�y other ha�ards, <br /> �n�Iuding flaods or flovdir�g, for vvhz�h Lender requires �nsur�.nc�. �`his u�surance shal� b� n�aintained �n �he <br /> amounts and for�he per�ods�ha�Lerider requ�r�s. The insuran�e carrz�r pro�idi.ng�he insurance sha��be c�►osen�y <br /> Borr�tiv�r sub�ect to Lender's appro�ra� v�hi�h sha11 not be unreasanably v�i�hhe�d. If Barrawer fa�Is �o ma�ntain <br /> Goverage descr�bed a�o�e, Lender may, a� Lender's optx�n� ob�ain �o�era�e to protect Lender's r�ghts in the <br /> Propez-�y in accardan�e���h sectian ti�Ied Protectian of Lender's R�ghts��the Proper�y. <br /> A�l �nsurance pol�c�es and r�newals sha11 be acce�table to Lencler and shal� include a standard martgage clause. <br /> Lend�r sha�l have�he rzbht to hald the po�zcz�s and renewals. �f Lender requires, Borrower sha�l pramp��y gi�e�a . <br /> Lender aI�recezp�s of paid premzums and renewa�not�ces. In�hE event of�ass, Borrawer shal�g��e prnmp�n�trce <br /> tn�he�.nsurance carr�er and Lender.Len�ier may xnake prflof of�oss if no�mad�e promp��y by Borrower. <br /> Unless Lender and Borrawer o�herw�se agree in �wr�t�ng, insurance praceeds shall be a�plxed �a r�s�oration or <br /> repair of the Properry danlaged, if, in LenderTs sole discre��on, the re��oration or repa�r �s ec�nc�mically feasxb�e <br /> and L�nder's securzty �s not Iessened. �f, in Lender's sale discre��on, �he res�c�ra�ion �r repaxr �s no� �conomi�al�y <br /> feaszbX�ar Lender's secur�t�,wou�d b�e�essened,�the insurance prc�ceeds sha�X b�e app�ied�o�the sums s�cured by�his <br /> Security �nstrumen�, whe�h�r ar na� �hen due, w�th any excess paid �o B�orrow�r. �f Borrower aban��ns the <br /> Property, or d�es n��answer v�x�h�n�he numb�r�f days prescrib��d by.A.pplicab�e Law as set for�h in a n�t�ce from <br /> Lender ta Borrov�er tha�the insurance�arr�er has offered to se�tle a clazm, t��en L�nder may ca���ct the insurance <br /> pra�eeds. Lender may use the proc�eds �a repair or r�s�ore the Prope��y or t:a pay sum� sec�ur�d b�th�s Secur�ty <br /> �nstrument,whe�her or nnt then due. The p�ri�d of��me for Borravver��answ�r as se�fflrth xn�he notice w�l�begin <br /> when the no��ce zs gz�en. <br /> Unless Ler�der and Borrower��herwis� agree in writing, any applicati�n of proce�ds t�pr�ncxpal sha�I not e��end <br /> or p�stpone th� due date �f the pa�rnen�s r�ferrec� �o in the se�t�on �itle� Pa�ment of Pr�nc�pa� and I�te��Qst; <br /> Prepayment and Late Charges �r�hange�he am�unt of�he paymenl:s. rf u.r�ader�he section ti�Ie�A�ce�era�ion; <br /> Rem.edie�, �he Proper�y �s acquired by L�nder, �orr�wer's r�gh�to an� insurance poli�ies and pmce�ds res�iting <br /> frorx�.damage to the Proper�y pri�r�o the �.cqu�si�ian sha��pass�c�Lend�r to�r�e extent af the sums secured by�his <br /> Security�nstrumen�immed�a�ely prior�o�he acqursi�zon. <br /> Preser�atian, Nlaintenance and Prfltecti�n �f �he P�aperty; B�rrov����Ts Loan Applica��on; Lea�eholds. <br /> �3orrower shal�na�destray, damage ar xmpair the Pr�per�y, a��o�v�he Proper�.-�to de�er��rate, or Gomm��waste an <br /> �he Praperry.Barrow�r sha��be�n defau��zf any forfexture ac�ion or pr�ceeding,whe�her civil or crimxnai, is b�gun <br /> that in Lender's good fai�h judgm�n� cou�d result �n fflrf��ture of the Proper�y or otherwise mat�r�ally impa���he <br /> I�en crea�ed by thxs Se�ur�ty �nstrumen� ar Lender's security �.nteres�. BorroWer may �ure such a defau�� and <br /> reinsta��, as pro��ded in section txtl�d Borro�ver's Right to Reinstate, �y ca�usinb the actian ar prnceed��g ta be <br /> dismxssed vvith a ruling that, �n Lender's good fai�h determ�nation,prec�udes f�rfexture of the Borrov�er's inter�st�n <br /> th� Praper�y or ather ma��ria� impair�men� �f�he ��en cr�ated by thas �ecurity rnstrument or Lend�r's security <br /> in�eres�.Borrov�er sha�I aisfl be zn default zf Borrovs�er,during�he �oan app�r�a�xon pracess,gave m�.teria��y fa�se ar <br /> inac�urate �nf�rma�ion ar s�atements to Lender �ar failed to pravide LendEr with any n�.aterial inf�rm�.tiox�� in <br /> �onne�t�on wi�h �he �flan e�idenced �y the Note. If thzs Secur��ty �nstrumer�� �s an a leaseho�d, Barrov�er shall <br /> com�p��w��h a��the prav�sxons af�he �ease. �f Barrower acquxres fe��i��e to the Propert�,�he leaseho�d an�th�fee <br /> title shal�not merge unless Lender agrees�a the�a.�rger in v�rx�in�;. <br /> protect�on �f Lender's R�ghts in the Property. If Borrov�er fa�Xs �o per:form the cavenants and abr�en�ents <br /> contained in this Secur�ty�nstrumenfi, �r there �s a�egal proceed�ng tha�may s�gn�f��ant��a.ffec�Lender's righ�s zn <br /> the Prop�r�y �such as a proceeding xn bankruptcy, prabate, far �ande�m.na�ra�1 or forfeiture or ta enforce �aws or <br /> regu�ations}, ther� Lend�r may do and pay for wha�ev�r is necessary to prat�ct the �a�ue of the Prop�rty and <br /> Lender's r�gh�s in the Prop�rty. Lender's a��ioms may�nc�ude paying ar��sums secured by a Iien wh�ch has pr�or�ty <br /> o�er thzs Securi�y�nstrument, appear�ng�n c�urt,payir�g reasonab��a�t�rneys'fees and�n��ri.ng o��he Praper�y�o <br /> make repa�rs.A�thoubh L�nder may�ake acti�n under th�s sec�ion,Lend�r do�s nat have t�do so. <br /> Any amaun�s d�sbursed by Lender u�.d�r th�s sec��on sha�� become addi�ion�.� debt of B�rrov�er secured by �his <br /> Security �nstrume�.�. U��ess B�rrower and Lender agree �o �t�1er ��rms of pa�m.en�, th�se amQun�s shall bear <br /> C�24Q4-2�15 Camp�iance Systems,�nc.CBEB-4F 10-2d 15.�2.2.�t l2 <br /> Cansumer�teal Esta#e-Security Ir�s#rumes�t DL2435 Page 2 of 5 wvnv,�ampliancesysterns.cam <br />