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2� 17�241 � Property, or doe�n�t answer within the number�f days prescribe�l by App�icab�e Lav� as set f�rth in a notice fr�m Lender to Sor-r�wer tha��he insurance car�•�er has offered ta settle a�Iaam, �hen Lender may ��liect the insurance proceeds. Lender may use the pr•oceeds �o repat�• or res�ore �he Property or ta pay sums secured by this Securii.y xns�rument, vvhe�her or not �hen due. The peri�d of time for Bo��•ower to answer as set for�h in the n�tice w�ll be�in when �he n�tice is gi��n. Unless Lend�r and Borrn�er o�herwise agree in writin�, any applicat�on of praceeds ta prin�ipal shall not extend or pas�pone the due da�e af�he payments due under the ��n�ract or change the amaun� af the payments. If under the sectian �itled Acceiera�ion; Remedies, �h� Proper�y is acauired by Lender, Bo�•�•awer's ribht to any insurance pa�icies and proceeds resultin� from damage to th� Property prior �o the acauisi�ion shall pass to Lender �� the extent of�he sums secured by t��is Secu�-ity �nstrumen� i��nmed�a�ely prior to the acauisition. Preser�a�i�n, Maintenance and Pratection of the Proper�y; Borrower�s Loan Applica�ian; Leaseholds. Borrower shalt not destr�y, damage ar impair�he Propei-ty, al�o�the Prope�-ty to deteriorate, or cammit vvaste �n the Prop�rty. Borrflwer shall be in d�faul� if any f�rfei�ure action o�- proceeding, whether ci�il or criminal, is b�gun tha�in Lender's good fai�h�ud�,men�cau�d result in forfeiture of the Property ar o�herwise ma�erially impair the Iien crea�ed by this Security Instrumen� or Lender's security interest. B��-rower may cure such a defaul� and reins�a�e, as pro�ided in section �i��ed Bnrrflwer's Right to Reinstate, by causin� the ac�ion or proceeding�o be dismissed w�th a rulin� tha�, in Lender's �ood fai�h determinatitin, precludes forfei�ure of the Borrower's in�erest �n �h� Proper�y flr ather ma�eriat i��npai��nen� of�he lien created by �his Se�uri�y Instrument or Lender's security in�eres�. B��•row��- shall also be �n defaul� if Bo�-rower, durin� the laan application proc�ss, ga�e ma�erially false ar ina�eura�e �nforma�i4n or s�atements to Lend�r �or failed to pro�ide Lender with any material informa�i�n) in cannection vv�th the loan evidenced by the �on�ract. �f�his Securi�y �nstrument is on a �easehald, Borrawer shall comp�y �vith all the pr��isions of�he lease. �f B�rro�ver acauir�s fee ti�le to�he P�•operty,�he leasehoid and�he fee title shalt not merbe unless Lender agrees�o�he merger in writing. Protec�xon of Lender's Righ�S in the Property. If B�rro�er fails to perform �he co�enan�s and a�reements �on�ained in �his Security Instrument, or�here �s a legal proceeding tha�may signifcantly affect Lender's rights in �he Proper�y �such as a praceeding �n bankruptcy, prot�ate, f�r condemna�ion or forfei�ure ar to �nfo�rce �aws o�• regula��ons), then Lende�• may d� and pay for v�hatever is necessary to pr�tect the �a�u� of�he Proper�y and Lender's ri�h�s in�he Proper�y. L�nde�•'s actions t�nay rnclude pay�ng any sums secured by a�ien v�hich has pr�or��y a��r�his Securi�y Instrumen�, appearing �n court,payin�reas�nable att�rneys' fees and entering fln the Pr�perty�o make repairs. A�thaugh Lend�r may�ake ac�ion unde�-this sec�ian, L�nder daes no�have to do so. Any a��aunts disbursed by Lender under this sec��an shall become additiona� deb� of Borro�er secured by this Secu�•ity Ins�rumen�. Unless Borrovver and Lender agr�e �o a�her �erms of paymen�, these amounts shall bear int�res� fr�m the date of disbursemen� at the same rate assessed �n ad�anc�s under the Contract and shall be payabl�,with interes�, upon notice fro�n Lende�ta Borrower requ�s�ing payment. Inspectinn. Lende�• or i�s a��n� may make reasonabie entr�es upon and inspe��ions of the Prop�r�y. Lender sha�l gi�e Borrovver no�ice at�he time flf or prior ta an inspection specifyinb reasanable cause for the inspe�tion. �andemna�ion, The proceeds of any avvard or claim fo�-damabes, di�-ec�or canse�uential, in c�nnec�ion with any condemnat�fln o�- a�her�akirib of a��y par� af�he Property, or f�r cflnveyance in Iieu �f condemnation, a�re hereby assigned and shall be paid�o Lender. In the e�ent of a to�al �aking of�he Property, the proceeds shall be applied �o �he sums secured by this S�curity Instru�nent, vvhether Qr �o� �hen due, wi�h any excess pa�d to Borr�wer. �n the e�en� of a par�ial �aking of the Property in which th� fair market �alue of�he Proper�y immed�ately befare the taking is equal to or greater than �he amoun� of the sums secured by �his Security Instrument �mmediateiy befare�he �aking, unless Borrower and Lender otherwise agree ir�wri�inb, the sums secured by this Secur�ty �nstrument shall be reduced by�he amount of the proceeds mul�iplx�d by the f�llowing frac�ion: �a��he tatal amflunt �f the sums s�cured immedia�ely before the taking, divided by �b} the fair �narket �a�ue of the Property immediate�y bef�re the ta�ing. Any balance shall be paid �o Borrower. In �he e�en� af a par�ial �ak�ng of�he Froper�y in �hich �he fair market �alue �f the Proper�y �mmediate�y before �he taking is �ess than �he arnoun� of the sums secured immediately before th� �akinb, Un��SS B�r�•ower and Lender ��hervvise abre� in writing or unless Applicable Lavv otherwise provid�s,�he proceeds shall be app��ed to the sums secured by�his Security Instrument whe�her or no��he sums are then due. C�20�4-2a 3 G Cam��iance Systems,It;�.cr�bfc77c-aa58��6�-201 G.?30.4.8 Cansut��e;-Real Estate-S�curity Instrtirnent DL2�3G �'��e 3 0�"7 www.com��liancesys�ems.�arn