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2� 1 ���924 <br /> Payr��nt of Pri�c�p�l and I���res�; ��h�r�������. Ba��ow4�r shali promptly�ay wher�due the prir�����al�f arid <br /> in�erest�n the debt�wed under�he�on�ra��and�a�e cl�arges��-any��her fees ar�d charges due under t�e��n�rac�. <br /> .�pp�ic�.ble Law. As used in �his Securit� ���strumen�, �he t�rzn "App��c�ble �av�r'' shal� mean a�] �a�tr�lling <br /> app�icab�e fed�ral, s�ate and �ocal s�a�utes, regula�:�ons, ar�i��a����s �.�d adminis�ra�iv� ru�es and�rders +(��at have <br /> �he effec�of]av�}as vve�l as al�app�icable fina�,n�n-ap�ealab�e judi�ial opin��ns. <br /> �harges; I�iense �orrower sha�l pay a1� �axes, assess�e��s, charg�s, fn�s an� i�np�s���ons attri�bu�able �fl the <br /> Property wh��h may attain pr�ari�y��er�his S�c�ir�� Instrume�t, and Iease}h�id pay7�nen�s or graund rerr��s, �f an�. <br /> At the request�f Lerider,�orr��er sl�ali pr�mp�l�furn�sh�o L��nde�•i ece�pt�evidencing€he paymen�s. <br /> Borr�vver shall �r�mp��y discharge ar�y lien v�r���ch has�pr��r��y o�er�his Security Instrument un�ess B�rrovv�er: �a} <br /> agre�s in vvri��nb �a the payment of t��� ab�igati�n secured ��y �he lien in a manner acceptable �o L�nd�r; ��} <br /> contests in g�ad faith the �ien b�, ar def��ds aga���s� �nfarce�nent �f the l�en in, legal pr�ceedings ��ich �n�he <br /> Lender's o�inion �p�ra�� to preWen� the enf�rcel�aen� o�'the lien; or �c} s�cures firom �he holder af�h� �ien an <br /> agreernent sa��sfac�ory to Lender s�.�b�rdina�i��g�l�e lien�o ����s ��c�r�ty Iristrumen�. If L�nder determin�s�l�at any <br /> part of�he Proper�y is subjec�t� a li�n vvh��h may at�a�n prio��ity over this Security �nstrumen�, Lender m�.y give <br /> Borrower a no�ice identifying the l��n. �3arrovver sha1� sa�isfy�:he Iie� or�a��e one ar m�re af the ac��ans set f�rth <br /> abo��w�th�n 1�days�f the giving af notice. <br /> �I�zard or Proper�y Insura�ce. ��rrov�er s�al� ke�p the i�r���ro�vernen�s n�vt�existing�r hereafter er�ct�d an�he <br /> Prope��y�nsured aga�ns�loss by f�re,hazards included w��l�in i.l�e term"ex�ended�overa�e" and any ather hazards, <br /> �ncZuding fl�ads ar f�ooding, for r�rhich Lender requires insural-�ce. Th�s insurance shall be main�ain�d zn �he <br /> amou��ts and for the periods tha�L�nder requir�s.T��� insurance carr�er pr��iding th�insurance sha�l be c�osen by <br /> Borrower sub��c� �o Le��d�r'� appra�al w���ch s�al� no� be un�easor�ab�y v��i�h�e�d. �f�3orrower fai�s to mainta�n <br /> c��erage descr��bed aba�ve, Lender �nay, at Ilender's �p�ion, ob�aix�. c��era�e �� pra�e�t Le��.der's r�ghts �n the <br /> � Praperty�n acc�rdance w�t�sect�fln ti��ed Pr����t�on �f Le�d�;r's��ght�in th�Pr��per��. <br /> Al� insuran�e po�icies and ren��vals shal� �e accep�ab�e �� �e��der and s17a11 inc�ude a standard mortga.g� �lause: <br /> Lender sha�X ha�e�:he righ�io h�l�.�he p��i�ies a��d renewals. :�f.lL��der requires, Barrower sha��pro�np��1�give�a <br /> Len�er a�� receipts of paid prem�u�ns and r�ner�al notices. I� ti�e e�v�t�t�f��ss, Bt�rr��ver sha�I giWe proimpt not�ce <br /> to�he insurance car�-�er and Len�er.Lender may ma�e-�ra�f of�ass i�r�a�made promp��y by Bar��wer. <br /> U�less Lender and Borrower o�h�rwise agree �� wri�irig, insuran�� prace�ds shall be applied to res�o�-a�ion ar <br /> repair �f. the Pr�per�y damaged, if, �n Lenc�er`s ��Ie d�scretio��, 1;he restora���n o� repair is ecanam�cal:ly feasxb�e <br /> and Lender's securit� �s no� less�r�e�. �f, i� Le���r's sa�e discre�ion, �he restara�i��� o�•repair is no� eGonam�cally <br /> feasible or Lender's securi��wou�d�be lesse�ed,t�e�nsuran�e��rocee�s sha�l be app�ied��t��e sums s�cu�red by�his <br /> Se�urifiy �ns�rument, whe�her �r ��� �hen �u�, w���� a�ny ex��ess p��d t� Barrawer. I� Borr�v�er aband�ns the <br /> Property, �r d�es no�ansv�e���v�th�n the�u��be�-of da�s prescr ibed b�Appl�cable La�r as set for�h in a n����e from <br /> Lender�fl Borrorn�er�:ha�the �nsurance car�-ier has offe�ed to s��tt�e a��aim, then Lender may co���ct��e insuran�� <br /> -�raceeds. L���der�na� use �he proceeds t� repair �r�-es�:ore �l-ie �'r����rt�r or�� pay sum� secured by this Security <br /> Instrumen�,whe�her or no��hen due.Tl�e perio�of�i�ne far Borr�wer�o answer as se�forth in the notice wi�l beg�n <br /> whe�the no��c��s gi�ven. <br /> Unless Lender and Bat-ro�ver oiherw�se agree in�rri�ing, any t�pp�i���ion �F proceeds ta prin�ipa� �ha�I:r�o�extend <br /> �r p�stpone t��e due date af�he pay�nents due ur�de�the ��n�rac�or changf�1:he,am�un�of t�e paymen��. �f u�der <br /> �he sec�io�n�i�led.Ace���rat�on; l�emedie�, the Froper�y is acc�u�red by Lender, B�rr��ver's right t� a�� insura��c� <br /> pa�ic�es and praceeds resu��ing fi-����n c�amage �a t�he ]Prope�y prior�a ���e acquisi�ion s�al� pass to Ler_�der ta �h� <br /> e�ten��f the sums secured�y��is Se�uri�.y�ns�:rume��t immedi���e�y p�ior�o th�a�qu�sition. <br /> Pr�ser�ation, M���t�na�ce a��d Protect�o� �f �he �Prap�rty; ��rro���r's I.�oa� App�ication� L�easeho�ds. <br /> Borr��er shal� na�d�s�tr��, da��age�r��npair�h�Prape��, ai��v�r�l�e Pr�per�y t� de�eri�rate, or�am�nit was�e on <br /> the Prop�rfiy. �0�7 awer sha�l be in defaul��f ar�y��rfei�ure acti��n or proceeding,vvi�e�her ci�i1 ar crim�na�l,�s�begun <br /> that in L�nde�-'s g��d f�i�h j udg�n�nt could re���l� in forfei�ur�: af t��� Pro�e�-ty or a�her►vvise mater�ally �mpair�he <br /> �ien created by �his Secur�t� �ns�rumen� ar ]Lender's securifiY �ni:eres�. Borrov�rer may cure such a de�au�� and <br /> re�ns�a�e, as pro�rided x�a se�tian����ed�¢rr�v�er'� Righ�t �� F�e�n�tate, by causing the action�r pr�ce�ding to be <br /> dism�ssed wit'h a ru�ing���a�t, in Lender's g��d fai�h deter�n��a�ion,pr�c�ude�forfeiture of�he Borrower's in��res�in <br /> �he Proper�y ar other �a�eriai �m�airme�at flf���� �ien �rea�e� �y �his S�curity �ns�ru��ent or Ler�der's se�urity <br /> in�eres�.Borrawer shall ais�be in default xf Bc�rr�w�r,�.uring�:he�oan ap����ca�i�n pracess,gav�mater�a�ly fa�se or <br /> �naccurate ��f�rma�ian or sta�ements ta L�nder �or fai�ed �.� p�o�i�de Lender w�t�� any material inf�r-ma�ion} in <br /> �onnection �v�tla t��� �oan evidex�ced by�he Contra.c�. �f t���s ��cur�ty �nstrument is on a�easeha�d, �orro�ver shall <br /> �amp�y wi�h a��the provisions of the �ease. �f�3�rro�rer�.cc�u��res fe����.�e to t���Praper�,y,�he leaseho�d�nd t�e fee <br /> title shall not merge uniess Lender agr�es�o�he merger in wri�ing. <br /> �Pr��ec��on of LQ��d��-'� ��gh�s �r� �h� ]P�-o��r�y. If B�rrov�er fails fo �erform �he co�enant� and �.greements <br /> c�n�ained in�his Securi�y�nstrumen�, �r�h�re is � legal���roce�edin���hat may sig�ifican�iy affe��Lender's rights �n <br /> �he Praperty (such as �.pra�eeding in �amkru��cy, p�o�a�e, fc�r co�demna��ion or farfe�tu�re ar i:o enf�rc� laws or <br /> regulations}, t�en Le�der ma� da and pa� for �ha�ewer is �-�ecess�ry to pr��ec� the �a�ue of the Pr�pe�ty and <br /> Lender's rights�n�.he P�-operCy. L�nder's ac�ions�nay include��ay�ng any sums secured b�a lien wh�ch�r�as pr�ori�y <br /> o�er this Securi�y�ns�ru�nen�, app�a�ing�r�c�urt,paying reasc�nable a�tarneys'�fees and en�ering on�h�Proper�y t� <br /> make re�airs.Al�hough Lender ma�tak.e a��ion under�his sec�ian,L�nder doe�no�ha�ve to d4 so. <br /> Any amaun�s disburs�d b� Lender under �:his sec����i s��all b��come addi�iona� debt �f Borrower secu�-�d by this <br /> Securi�y �ns�rume��. trnless B���rower a�d Lender agree �o �t�ier terms �f pay�r�e��, �hese am�unts sh��t bear <br /> C9 20��-243 5 Cvmplia�ce Systems,Inc.CSEB-EBSC-24�5.12.2.3]l2 <br /> Consurner Reat Estate-Security�nsErurnent DL2Q36 Page 2 oF 5 www.comp�iancesystems.com <br />