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2� 17��252
<br /> Paymen�of Pr�ncipa�and Interest; (��her�h�rges.Borrov�rer shall prQmp�ly pay when due�he�rinc�pal of and
<br /> interest on�he debt o,wed under the Con�ract and�a�e charges ar any other f�es and charges due und�r�he�on�ract.
<br /> Applicable Lav�. As used in this Secur�ty �ns�rument, �he term "A.pplicable Law" shall mean al� cnntralling
<br /> applicable federal, s�ate and local sta�utes, regu��t�ons, ordinanc�s and adminis�rative rules and orde�-s ��h�t have
<br /> the effect of 1aw}as v�e��as al�applica�Ie f�nal,n�n-ap�aealable jud�cia�opi�x�ons.
<br /> �harge5; Lien�. Borrovver sha1l pay a�� xaxes, assessmen�s, char�es, fines and impositions a�trib�tab�e to the
<br /> Property v�rhich may a�ta�� przor�ty�ver th�s S ec�rity Instrument, and lease�ho�d payments or grou�.d r�n�s, �f any.
<br /> At tl�e reques�of Lender,Barrov�er shall px�amptl�furnish�fl Lender�rece�pts evxdenc�ng the paymen�s.
<br /> Borro�ver shall pramp��y d�scharge any lien v�rhich has priorit�T aver��.�s S�curity�ns�rumen�unless�orrower: �a}
<br /> agrees in �vr�ting to the paymen� of �h� ob���at�on secured �y the Iien i:n a manner acceptable �o Lenc�er; �b}
<br /> con�est� in good fai�h the lien by, or defe�ds against enforcement �f the :l�en zn, lega� proceedings �vhi�h in �he
<br /> Lender's opinion apera�e to prevent �he enfo�cement of t�h.e l�en; �r �c� �ecures from the h�lder af the lien an
<br /> agreemen�sa�isfactory�o L,ender subordinatzng the lien to thi� Securi�y Ins�rument. �f Lender determ�nes tha�any
<br /> part of th� Proper�y �s sub�ect to a 1i�n whzch may a�tain priority over t�i�s Secur�ty�nstrument, Lenc�er�n�y g�ve
<br /> Borrfl�ver a n��ice ident�fy�ng �he lien. S�rrov�er sha�� sa��sfy�he l�en or take one or more �f the a�t��ns se� forth
<br /> above withzn ��days of the giving of not�ce.
<br /> Hazard or Pr�pe�-t�Insurance. Borrov�er sha��keep the impravements naw ex�sting or hereaf�er�rected an the
<br /> Praperty insured aga�nst loss by fire,ha�ards�ncluded v�rithin�he term"ext�:nded coverage" and anyr fl�her ha�ards,
<br /> including flaods or flood�ng, for v�hzch Lrender requires znsuranc�. This insurance sha�l b� ma.a.xztained in the
<br /> amounts and f�r the perxods that Lender requzres. �`he insurance carr�er�ro-vzding the insurance shall be chosen by
<br /> Borrower subjec� t� Lender's approval whx�h shal� not be unreasonabl� v►�i�hheld. If�orrovver fa��s t� m�intain
<br /> coverage descrzbed above, Lender may, a� Lender's op�xon, obtain cQverage to pro�ec� Lender's �i�h�s in �he
<br /> Proper�y in accordance vv�th section�itled I�rotectiun of Lend�r's Right�ir��he Praperty.
<br /> Al� �nsurance pa��cies and renevva�s shal� be �c�eptab�e to Lender and sha.�� �nclude a standard m�rtgag� ��ause.
<br /> Zender shall have the right�a ho�d the�olicie�a�.d renewals. ;�f L�nder requzres,Borrower sha��promp�ly give��
<br /> Lender alI receipts af paid premiums and renew��not�ces. �n the even�of IEoss, B�rrovver sha��g�ve pr��npt n�tice
<br /> to the znsurance carrier and Lender. Lender may make proof of lflss if not made pramptly by Borr�vuer.
<br /> Unless Lender and Borrov�er atherwise agree xn writing, insurance proc�eds shall be applied to rest�ra�ian or
<br /> repair af�he Proper�y damaged, if, �n Lender's �ole discre��o��, the �res�oration or repa�r is econo�ica��y f�asible
<br /> and Lender's �ecurity is no� �essened. �f, in Lender's sole dz�c:ret�on, the rest�ra��on or repair is nat ec�narnically
<br /> feasib�e or Lender's securi�y�ould be lessened,tl�e xnsurance proceeds shal:�be applied�o the sums secured�y th�s
<br /> Security �nstrum�ent, v�hether ar no� t]hen du�, v�i�h any excess pa�d �a Borr�vver. �f �3nrro�er abandons �he
<br /> Pro�erty,ar does not anstiver with�n the number�f days prescribed b�App��cable Law as se�for�h i�a notic�fram
<br /> Lender to Bflrrawer that the insurance carrier ha� affered to set�le a clai�n, then�ender may cal�e��the z�.surance
<br /> pr�ceeds. Lender may use the pro�eeds �o repair or restore �he Property�r�o pay sums secured�y�his S�cur�ty
<br /> Instrurnent,whether�r no��h.en due.The period of��me for Bor r�wer�o answer as se�forth in�he nc��xce w�ll begin
<br /> tivhen the notic e is given.
<br /> Unless Lendex�and Borro�er o�herwise agree �n wri�ing, any app�ica��o�.of'proceeds t�principal sha��no��xtend
<br /> or pastp�ne the due date�f the paymen�s due under the �antr�act or change the amount of the pa�me�t�. Zf under
<br /> the sec�ion t�tled Acce�eration; Re�nedie�, #h� Pr�perty is acc�uired by Ler_►der, Borrower's right to any ins�rance
<br /> po��cies ar�d proceeds resulting froxn damabe �o �he Proper�y prior �o the acquzsztion sha�� pass to L�n�er to the
<br /> ex�ent of the sums secured by th�s Securi�y�nstrument ixnmediately�rior to�he acquisi�ian.
<br /> Preser�at�on, Maintena�.ce and Protec��an of th.e Praper�y; �orra�ver's Loan .A,pplica�iar�; ��a�eholds.
<br /> Borrower sha�l not destray, damage or impair the Property, a��ow the Proper�y to deteriora�e, or comr�i��ras�e �n
<br /> the Proper�y. Borrower�ha��b�in defaul�zf an�fflrfe��ure actzan flr praceeding,v�rhether civi�or criminal,�s begun
<br /> �hat in Lender's goad faith judgment c�u�d resu�� zn f�rfe��ure of the Prop�:r�y or o�herw�se materiall�r�mpair the
<br /> �xen created b� �his Security �nstrumen� ar Le�der's securzty in�ere��. Borrovver may cure such a default a�ad
<br /> reinstate, as provided in secti�n t�t�ed�arrovv�r°s I�ght �o Reinsta�e, by�causing �he action or pr�c�edin� to be
<br /> dismissed v�rith a ru�irig that, in Lender's good faith d��ermina�in�.,precludes f�rfei�ure of the Borro�rer°s�nterest in
<br /> the Pr�perty or nther mater�al �mpa�rment of th� �xen created �y this Secur��y Instrum.ent or Le�.der'� securzty
<br /> xnterest. Borr�wer shall a�sn be in defaul�if Borra�ver,during���e�oan applica�zon pr�cess,gave material�y fa�se or
<br /> inac�ura�e xnformation ar sta�emen�s �a Lender �or fax�ed �a prov�de L�nc3er vvxth any mater�al ��.formatiQ�.} in
<br /> connection with�he laan evidenced by�he �antract. If this Se�urity�nstrur.r�ent is on a leaseha�d, B�rrower shall
<br /> comply tiv�th all�he provzsions of the�ease. �f�arrower acqu�res fee title�a �he Praperty,�he leasehold and t�e fee
<br /> tit�e sha�I nat merge unless Lender agrees ta�h�merger in wr�ti��g.
<br /> Pra��c�ion �f L�nder's I�ight5 in the Pr��erty, �f Borrow�r fa��� ta p��rfarm �he covenan�s and agr�emen�s
<br /> c�nta�ned xn this Securi�y�nstrumen�, ar there is a legal proceeding �hat�a�s�gnifican�ly affec�Lender's rzghts in
<br /> the Proper�y �such as a proceedzng in bankruptc�, pr�ba�e, f�� eondemna�ion or forfe�ture or �Q enf�rce �aws or
<br /> regula�xons}, t�en Lender may do and pay for wha�ever is �.�cessary to protect the va�ue of the Pro�erty and
<br /> Lender's r�ghts�n the Proper�y. Lender's ac�ian�may inc�ude p�,yzng any 5ums secured by a lien�hz�h has przority
<br /> over thzs Security�nstrument, appearing in cou�,pay�ng reasar�ab�e a�t�rne�rs'fees ar�d enter�ng on�he P��per�y to
<br /> mak�repairs.Althnugh Lender may take act�on under�his sectian,Le�der d�es na�have ta da sn.
<br /> Any amounts d�sbursed by Lender under �his section shall be�ome add�tional deb� af Borrower szcured by th�s
<br /> Secu�ity �nstrum�nt. Unless Borrou�er and Lender agree ta other ��rms af payment, these amount� shal� bear
<br /> C<"}2�04-?0[5 Cott�piian�e Syste�ns.Inc.G 1$A-?G30-?Q 15.1?.3.],1 i 1�
<br /> Consuiner Real Estate-Secu�•ity instrurr�ent DL?03G �atie 2 of� ���.v�v.�omp�iaFl�esystems.corn
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