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2� 17�2482 <br /> T�CETH��R. W�T� �.�1 th� ��pxo��ml�rats �aow �r h�r��.ft�r �r��t�� on �h� prop�rty, a�ad all �as�ml�nts9 <br /> appur�enances, and fixtures now or hereafter a par� of�he proper�y. A�l rep�acements and addi��ons shali aiso be <br /> caWered by this Security �nstrument. A�l of �h� foregoing is referred �o in �his Security Ins�rum�n� as the <br /> "Proper�y." <br /> B�RR��TER C�VENANTS �ha�Borrower xs lawfu�ly seised of the esta�e hereby conveyed an�has the righ�to <br /> gran� and convey th� Pr�perty and tha� �he Praper�y is unencumbered, excep� for encunibran��s af record. <br /> Borro�rer warran�s and wi�1 defend general�y �he title �o �he Property agains� all cla�ms and demands, sub�e�t to <br /> any encumbrances of record. <br /> Barrawer and Lender co�enan�ar�d agr�e as foX�aws: <br /> �'a��nent of lPr�nc�pal and In�ere��;]Prepaymen�ar�d�La�e�harges.Borrawer shail promptly pay when due�he <br /> principal of and in�eres� on �he deb� e��denced by the No�e and any prepayment and la�e charges due under th� <br /> No�e. <br /> App�i�able Law. As used �n this Secur��y Ins�rument, the term "Appl�cable La�r" shal� mean at� can�ral�ling <br /> applicable federal, s�ate and laca� statutes, regulations, ordinan��s and adminis�ra���e r�les and �rders (�ha�ha�e <br /> �h�effect of law� as wel�as a11 applicable f na�,nonWappealab�e judicial opinions. <br /> Application of Paymen�5. Unless Appl�cable Law pravides o�herv�ise, a�� paymen�s received by Lender shal� be <br /> appl�ed: firs�, to any prepaymen� charges du� under th�Nn�e; second, �a �n�eres�due; �hird, �o p�•inc�pal due; and <br /> �as�,to any la�ce char�es due under�he I�o�e. <br /> Charg�s; Liens. Borrovver sha�i pay a�l �axes, assessmen�s, charges, fnes and impositions at�•ibutable �o �he <br /> Praper�y which may a�tain prior�ty o�er�his Secur��y �nst�-umen�, and Ieaseho�d payme�ts or ground ren�s, }f any. � <br /> �orrower sha�l pay these ob�iga�ians on �:ime and dxrec��y to�he persan ov�ed payment. �t�he r�ques� af Lender, <br /> Borrov�er shal�prflm�tly furnish�o L�nd�r recexpts evidencing�he payments. <br /> Borrower shali promp#:ly discharge any �ien v�hi�h has priori�y over�his Secur��y Zns�rumen� un�ess Borrower: �a� <br /> agrees in �r��ing �o the payment of the obl�ga��on secured by the Iien in a manner a��ep�ab�e to Lender; �b} <br /> con�esl:s �n gaod fa��h the ��en by, or defends agains� enforcem�en� of�he lien in, legal proc�edings which �n the <br /> Lender's opxnion operate �o preven� �he enforcemen� af the l�en; ar �c} secur�s from the ho�der of�he lien an <br /> a�re�men� sa�isfac�ary�o Lender subordinating�he l�en�a�his S�cur��y �ns�rument. �f Lender de�ermines�hat any <br /> par� of�he Praperty is subjec��o a l�en which may a�tain prior��y o�er th�s Security �nstrumen�, Lender may give <br /> Borxower a not�ee iden�ifying the l�en. B�rrflvver sha�I sa��sfy the lien or take one or more of�he ac�ions se�for�h . <br /> a�ove�nri�hin 10 days of�he��v�ng�of na�ice. <br /> ]H[��ard o�-P�op��-t�I��u�-ance. Borrovver shail keep the impr��emen�s now existing or hereafter erec�ed o�the <br /> Proper�y�nsured aga�ns�loss by f�re,hazards inc�uded wi�hin the�erm "extended coverage"and any o�her hazards, <br /> i�cluding floads or fl.00ding, for which Lender requires �n�urance. This insurance shal� be maintained in the <br /> amoun�s and f�r�he p�r�ods tha�Lender requir�s. The insurance carrier pr�W�d�ng the insurance sha�i be chosen t�y <br /> Borrow�r subjec� ta Lender's appro�a� v�h�ch sha�l not be unreasonab�y withh��d. �f B�rro�ver fa��� �o mainta�n <br /> �overage described abo�e, Lender may, at Lender's op��on, obtain co�erage to pro�ec� Lend�r's r�ghts in the <br /> Proper�y in accordance wi�h sec�ion ti�led Pratection af Lender's Rights�n the Property. <br /> A�l insurance palicies and renev�ra�s sha1� be accep�able to Lender and sha�l include a s�andard mor�gage clause. <br /> Lender shall have the right�o ha�d the policies and renevwals. If Lender requxres,Borrawer shall promptly give �� <br /> Lender al�receip�s of paid premiums and renev�al na�ices. In�he e�e��of loss, B�rrower sha�l g��re promp�n��ice <br /> �o�he�nsuran�e carrier and Lend�r.Lender may make proof af loss�f no�made prompt�y by Barrower. <br /> Un�ess Lender and I3arrovver ��herwise agr�e i�. �vri�ing, insurance pro�eeds sha1� be app�ied �a restara�ion or <br /> repa�r of the Proper�y damaged, xf, in Lender's so�e d�scre�ion, �he res�ora���n or repa�r �s econornically feas�ble � <br /> an� �f,en�er's sec��rity �s nnt ie��enec�_ T�; i.n. X,en.c�er'� �nie �i�cretinn; the re�tnra�-�nn nr ren�ir i� r��f� P�c��.�mi��ll� <br /> feas�ble ar Len�er's se�ur�ty vvould be �ess�ned, th� insurance proceeds-sha�l be appl�ed to �he sums s�cured by <br /> �his S�curity �nstrumen�, vvhether ar not then due, with any excess paid �a Borrower. If Bnrrower abandons the <br /> P�oper�y, or does no�ansvver v�i�hin th�number of days prescr�.bed by App��cable La�v as set forth in a notice fr�m <br /> C���[]4-2[�l6 Carnpiiance Systems,Inc.cdbfc77c-d999908d-2016.23a.4.8 <br /> Cai�sumer Reai Estate-Se�urity Ir�s#rument DL2D3G Pa��2 af 7 www,�ampiianc�systems.car�t <br />