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<br />Preservation, Maintenance and Protection of the Property; Borrower's Loan Application; Leaseholds.
<br />Bonower shall not destroy, damage or impair the Property, allaw the Property to deteriorate, or commit waste on
<br />the Propsrty. Borrower shall be in default if any forfeiture action or proceeding, whether civil or crirrzinal, is begun
<br />that in Lender's good faith judgment could result in forfeiture of the Praperty or otherwise materially impair the
<br />lien created by this Security Inst.�ument or Lender's security interest. Borrower may cure such a default and
<br />reinstate, as provided in section titled Borrower's Right to Reinstate, by causing the action or proceeding to be
<br />dismissed with a ruling that, in I,ender's good faith determination, precludes forfeiture of the Borrower's interest in
<br />the Property or other material impairment of tha lien created by this Security Instrument or Lender's security
<br />interest. Borrower shall also be in default if Borrawer, during the loan application process, gave materially false or
<br />inaccurate informatian ar statements to Lender (or failed to provide Lender with any material information) in
<br />connection with the loan evidenced by the Note. If this Security Instrument is on a leasehold, Borrower shall
<br />comply with all the pravisions of the lease. If Borrower acquires fee title to the Property, the leasehold and the fee
<br />title shall not merge unless Lender agrees to the merger in writing.
<br />Protection of Lender's Rights in the Property. If Borrower fails to perform the covenants and agreements
<br />contained in this Security Instruxnent, or there is a legal proceeding that may significantly affect Lender's rights in
<br />the Property (such as a proceeding in banla�uptcy, probate, for condexnnation or forfeiture or to enforce laws or
<br />regulations), then Lender may da and pay for whatever is necessary to protect the value of the Property and
<br />Lender's rights in the Proparty. Lender's actions may include paying any surns secured by a lien which has priority
<br />over this Sectxrity Instrument, appeaning in court, paying reasonable attorneys' fees and entering on the Properiy to
<br />make repairs. Although Lender tnay take action under th�is section, Lender does not have to do so.
<br />Any amounts disbursed by Lender under this section shall become additional debt of Borrower secured by this
<br />5ecurity Instrument. Unless Borrower and I,ender agree to other terms of payment, these amounts shall bear
<br />interest fram the date of disbursement at the Note rate and shall be payable, with interest, upon notice from Lender
<br />to Borrawer requesting payment.
<br />Mortgage Insurance. If Lender required mortgage insuarance as a condition of making the loan secured by tk�is
<br />Security Instrument, Borrower shall pay the premiums required to maintain the mortgage insurance in effect. If, for
<br />any reason, the mortgage insurance coverage required by Lender lapses or ceases to be in effect, Borrower shall
<br />pay the premiums required to obtain coverage substantially equivalent to the mortgage insurance previously in
<br />effect, at a cost substantially equivalent to the cost to Borrower of the mortgage insurance previously in effect,
<br />from an alternate mortgage insurer approved by Lender. Tf substantially equivalent mortgage iansurance coverage is
<br />not available, Borrower shall pay to I.ender each month a sum equal to one-twelfth of the yearly mortgage
<br />insurance premiurn being paid by Barrower when the insurance coverage lapsed or ceased to be in effect. Lender
<br />will accept, use and retain these payments as a loss reserve in lieu of mortgage insurance. Loss reserve payments
<br />may no longer be required, at the option af I.,ender, if mortgage insurance coverage (in the amount and for the
<br />period that Lender requires) provided by an insurer approv�d by I,ender again becames available and is obtained.
<br />Borrower shall pay the prenaiums required to maintain martgage insurance in effect, or to provide a loss reserve,
<br />until the requirement for mortgage insurance ends in accordance with any written agreement between Borrawer
<br />and L.ender or Applicable Law.
<br />Inspection. Lender or its agent may make reasonable entries upon and inspections of the Property. Lender shall
<br />give $orrower notice at the time of or prior to an inspectian specifying reasonable cause for the inspection.
<br />Condemnation. The proceeds of any award or claim for damages, direct or consequential, in connection with any
<br />condexnnation or other taking of any part of the Property, or far conveyance in lieu of condemnation, are hereby
<br />assigned and shall be paid to Lender.
<br />In the event of a total taking of the Property, the proceeds shall be applied ta the sums secured by this Security
<br />Instrument, whether or nat then due, with any excess paid to Sorrower. In the event of a partial taking of the
<br />Property in which the fair market value of the Property immediately before the taking is �qual to or greater than
<br />the amount of the sums secured by this Security Instrument unmediately before the taking, unless Borrower and
<br />Lender otherwise agree in writing, the sums secured by this Security Instrument shall be reduced by the amount of
<br />the proceeds multiplied by the fallowing fraction: (a) the total amount of the sums secured immediately before the
<br />taking, divided by (b) the fair market value of the Property immediately before the taking. Any balance shall be
<br />paid to Borrower. In the event of a partial taking af the Property in which the fair market value of the Property
<br />immediately before the taking is less than the amount of the sums secured 'unmediately before the taking, unless
<br />Borrower and Lender otherwise agree in writing or unless Applicable Law otherwise provides, the proceeds shall
<br />be applied to the sums secured by this Security Instrument whether or not the sums are then due.
<br />If the Properiy is abandoned by Borrower, ar if, after notice by Lender to Borrower that the condemnor offers to
<br />make an award or settle a claim for damages, Borrower fails to respond to L�nder within the minimum number of
<br />days established by Applicable Law after the date the notice is given, Lender is authorized to collect and apply the
<br />proceeds, at its option, either to restoration or repair of the Property or to the sums secured by this Securiry
<br />Instrument, whether or not then due.
<br />Unless Lender and Borrower otherwise agree in writing, any application of proceeds to principal shall not extend
<br />or postpone the due date af the payments Payment of Principal and Interest; Late Charges and Funds for
<br />Taxes and Insurance or change the amount of such payments.
<br />Sorrower Not Released; Forbearance By Lender Not a Waiver. Extensian of the time for payment or
<br />modification of amortization of the sums secured by this Security Instrument granted by Lender ta any successar in
<br />interest o£ Borrower shall not operate to release the liability of the original Borrower or Borrower's successors in
<br />RJ 2004-2010 Campliancc Systcros, Inc. EE08-6B16 - 2010.0J.378
<br />Consumer Rcal Eatate - Seeurily Instrument DL2036 Pege 3 of 6 u'u'�+'.campliancesystcros.cam
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