|
� :V�. s f . - f '�5'9� - . .rf—, �(Sdh����� :�.Ti �"N..
<br /> w:K;l� h� . � �r' +i t -` �*�� �}tir:;tf� � -- :o,.
<br /> _ '�1��- C -r^. � c � ' ;:
<br /> ,. • :
<br /> _e . _ ,
<br /> . . ._ . F�a�r-.i$ S
<br /> .�.,rt"' la ' 1' . ' � ` . (' . � ; � ' � ` 1 � � ` -,
<br /> .-�t �F4 t � � - ' �'` �t+ .. Y.c'�,: , �T ' �
<br /> '
<br /> ��� �. _ . � x ' S '4 a - E..s!..
<br /> 5� �- .� � <:-', _ .t� �Cy , � � .r•-
<br /> ., - �+x t.` c�:;�r'
<br /> �+'...__ ,` . ' .�. � � ' 4 . - ' ` i 4 . ' . ' ' � � .� .4
<br /> `� f A ( t . �._ �'
<br /> 4 'i''.s' ��a S ` -n` :.� : ... . . � n�i. 5;��'�}c� ..
<br /> ,r_� �.�`` L _ � .,:�. � , . t t' } i` :i� b. �y ..i`� c+ 4�.
<br />. . t .� � � `. ' :.( e- � � -�q'. �' ��. �( e� �`t�; � :.
<br /> .. • . -f�! •�4: ..,
<br /> . ;
<br /> .. AC ,f.� :C .
<br /> --, �� � 9�- �Q�4� � �k_
<br /> �:k ..• `: :_= �pGET�R wrt�i an the improveaaea�uow or ti�after�ea on me pmpracty>ana au e�emenc4.appnroensrsces,ana �H�r`
<br /> � 1 f�res now ar he�a pari of the ptaperry.All�epla,remeats and 8ddtions shall atso be caveaead by this Sec�ity Lostn�ent
<br /> � � "�;� All of the fa�egaing i9 refetred tn ia tLis Se�ao�tp Insuuivau as t�"Piapetiy." �.5`:
<br /> BURR�WE�t COVE8iA1V151�a1 Botmwa is tawfnBy seffcd o#tba esCata hc�ebY aonv�yred aad hsY tT�e d�ht 6o-g�aat and ".s�+- �
<br /> �tr����°�_ E " .
<br /> �. �� ��7►d t e P m�a t 9 m i d d m t t h a P r o p e r t y i s a a e n a a a b e r e d,�ce P=f a r e a�m h i s n o e s o f n e o o r d.B a a a w�w r+�t a n m a n d w�l
<br /> - - aet�eaa�any�ne mtemc�e�ya�scenc�s�a aea�►as,s�jeccro any encnm�es o��..
<br /> � �'<''a� TFIIS SECURIIY IIVSIRUN�PF oombmes maifa�at covenant�far astioaal�.se and nau-unifarm rnve�ttts wlih timited : `
<br /> � �`� varfa��ns isy j�on to consti�a�mifa�m seauIty►io�t ooveAng r�l ptop�l}►. -
<br /> - U1�ORMCOVENANis.Bortowet aad I.endercaveamn snd agceeas foliaws _
<br /> `- _ -_: - '�:..: L peymwt of F�aipal and Int�eeresl:P1�ePaynte;�t e�d t.ate ChAr� Battow�.S1teII �Sa�mpily P3Y chhea due d� -
<br /> �- �.��of and'mteiese on trie debt evIdeaoed by theNois and aay g�aym�t and tete�dne�der tve Piat� . .°-
<br /> -= , <,o�,;� ,c'° L Ftmds for Teues and�rgn� Snbject to&gpl�Cable laar ar to a wtitUaa�a�aiver by Leadrx,Bormwea'��y m
<br /> �"y ` ;:, �eud�on die day manthly pay��ts�re d¢a uat�r ds�N'ca�►ami7 tite Nate is paid in fi�ll,a smn(°Funds'�fa�:��g'�Y�x� _°
<br /> �'����.�,��;�� .,,�-`�d a�ts afiich.may a�ia p�imiry�a fil�is��LnsCumeAt as a tieo on the P�opeKyr:(b)Y�Y��i?TY� _
<br /> 'r::'4�. '%-_ :iu gXo�md r�on the Pr+npeacy,if anY:(�)y�IY bar�.�tu gmperly�oe�(d�Y�Y�����¢
<br /> r:r.�,:;•;+ � .. :�'9:(e)Y�Y�o�e�P�if as�y:�d;f�e�y sams payabte by Boaower w Laude�m�with the �.
<br /> :_••.• '. _, •'�. jCCpt�lSlpOg Of pffi$g18p11 8.1D �tGl O�It16�YByIA�L Qf II!ClIi$8gC IDS�ffi1CC�111IDS•T11CSS IfPA13 8TC C�CQ°�9CtQ�►IfCQD9.° _-
<br /> :'..•s,><.�>�::
<br /> F`.,° � �Leader may,at aay time.cuIIecx and haki klusds in an maoupt aot to exceed the m�imum amovat a Ie�der for aff.�y_retaied
<br /> -�:_F°=rc:Si• ? . .
<br /> �"���'�� r fmr Bou+nwEr's escaaw accauat�tbe bede�al Rc�i Estate Seule�nemt Pmcedures A�t of 19?4 s�a� .
<br /> . .�;�, ma�ge Ioaa map re�e � ,-----
<br />_`°�_;�r��r�� `� i�tess another Iaw that applies to the fi�nds sets a te�ei•� , ----
<br /> £, .. ame,aded fcom t�ne w timo;l2 U.S.G Se�tion 260t et seq. ("RESgA"};'
<br /> S ih;��.,rr�`. amount If so.l,enQcr may,�.�Y time.�I�Ct aud�nl�F�nds in ran.amuaat not to exc�d the Iessea amom►t L+e�ad�,�q ' ----
<br /> -__:h�.:'LWsr.:�:'.; esumatc the amouat of F�mds�,iii on the basis of cmneat:clafa aad�nable�2��f�iau�of fumre�w Itsms or _--
<br /> :<-:
<br /> �V!`•�yr .�r�t:� O1hClvVIS6ID�eIICC WiQ18j1�1}[C�1bIi 18W� ,.••; � . . . . . •.
<br /> 8
<br /> .'':: �:;:. �.�� 'F�te Fimus s6an be heda in an m�iov6pn;wnose aepositss a:e fnsaredt br a fedeaat ageacy►,ins�nmentaticy,ar e�utq r�nctuamg
<br /> .� =a��� '. Ixndea,if I.eader is sacb an insatutinn?or.;in;auY Fed�l Hume Iaan Bauic.Leadea shall apply tAe Fimds to g�dy the F�ow
<br /> .;, j r' .: Le
<br /> Items.Laider m�y aot c6acge Bamswes f6r�troIding a�:agplyin8 the Fiwds.annuallY anatYlu►8 the csszaw asco�rat,oi ve�rif3►�n8 . ,-
<br /> �<..�� .ti�F.ssmw Iteins.�tesg Lender pays Bamawer.intete�aqt the Funds�d appHc�ble law peamits Ia�dea m ma,�s�sh a c6arge.
<br /> . : � ;;;� •�ED�ever.Lender may�qa�Ce Hc�maec m pay a�on�time cI�Be f�as�iadepende�t rea2�te tax repostiutg.��vice ase�by -
<br /> • Lertder in conaectlon wittt thi4 loan.'unless.�pplisable law provides w�pwis�tTntesg an agteeate,nt is made oi apylu�ble 1aw
<br /> f �inteae�st ta be Pai�1.endes sbalt t�:be r�quired w pay Bo1m�:��c ar ea�aings on the;Funds.Bomawer and _
<br />'�.� ,i..`�;,:�!.�'�::.� :�� I.��er maY agce�in writtng;ltt�wever.9b�C'3i�tezesc shtili be paid oa the Fnnds.i.�sFshaU Stve t�;�uaowea,wit4�ont charge.an . -
<br /> - '�;,�,.:.: :; aoauel ecGOandng at tha For�s,shativir�g�c�d�and ctebit�w the Fands aad tbe��c for whiah e�cb debit to the Fands was
<br /> .': nr.de.7he Frmds are pledged�Edc�Sia�al seantitg for•all�a�s secaued iry t6is S�urity Insuumeut . _
<br /> '� t'.� ;( If�►e Fnnds held by Leadea e�ccee�!tsta�mourrt�p�miued to be held by applicab2e taw.Lead�rsbaD acoo�mt W Bor�owea for ,��:
<br /> ��'��j�:`�:�1 tha eacess Fiutds in socordance wIB�th���a�iram��ot•spplu�ble laa+.If the mnonnt Of the Funds iheld by Leuder at any dme is �
<br /> -�';!.':s'. , . �� not s�fficiea�t w pay the Ssao�v Items,ahe�da�Lc�C�rmpy so notify Bonoarea in wridag,and.�a a u c b case Bosrower s h a l l pay �':
<br /> -, � m�Leader the amauat noc�►to maice ap the dtGi�'euecy. Boaawps shafi make ap the deficiency in no more tLan twerie ;=:.-
<br /> :'.� ��Y P��ts.at Leud�'s s41e discxe@�n. �� �-
<br /> -- UBm�PaYm�t in faD of all�uns secured b3►tiils Secariry Ins�nt.Leader shal!piompttyr�md to$omnwea amy Funds e�
<br /> • . � he2d Dy Leader.If.under paragtapb 21,Leador shall acqaire or seII cP��.7Ptopeny.I�rnder.Prior�r'.�acquisition or sa2e of Q�', . �_..
<br /> .; .
<br /> ...� pt,pg�aty,sball apply aay Faads held by L�►der at the time of acqaivlxon or s�Ie as a c�eA�t�the sums s�by w�tis.� �_.:,
<br /> . . ,. ` ge�ity Instram�t � , '� � •�5�. t �_,:
<br /> � :.;...�':`� 3.Applk�tian olFaymenta Unless applicable 1aw prnvIdes atherwise.aU pa�a�ts�eceived�y'i.�ed��para�hs �.-
<br /> - . . ;:'s 1 and 2 shaU be applie�:first,to any psepayment ch�ges dae und�the Not�socAnd,w amo�sts payable nnd�par�aph Z; �_ -°
<br /> . _i th3rA,t�i�traest d�fomth.to pr2ncipaT du�aad 1a5t.�any tate chmrges due under the Note. �. � R=,-
<br /> 4.Cdarges;I.tens. Borr�w�sLaU pay aU taxes,assessmeatS.char8es+fines and imyosidons ambamble w the Ptape�ty � � �'.`'.:
<br /> � :.�� � -
<br /> .�vAir.�&may attain prlority mredr tbis Seauiry Inswm�t.and Ieasehold payments os gmuad ae�ts,if any.Boimwer ah�U pay thcs� .
<br />- . . :�'ulig�tions ia the manner ptovtded ia p�agraph 2.or�f not pa�d in 8�ae maaner,Bomawer shaU pay the�oa time dir�ily to the �.
<br /> � �-:�'�'�: . � �owed payme�t Bmrawer shall Pm�P�Y ftunisL to Lendea all notices of ammutts to be yaid uader this p�a�aph ff - `�.
<br /> -`,;' ,. :� i Barraaet makes th�se paymeats d�lY:�rtmw.er strall promptly fi�rn9sh to l.e�tder teoeipts evideadng the payments. •.°;::
<br /> --��:_'�.-�.'.= � Hrnmwer sbaU promptly discharge azry 1ie,whicli has prIority�s;�r this Se�auity Insmuner�r�Ness Bmrawer:(a)a�ees in -�f:;':
<br /> 0 aui
<br /> .: . . � wrmng to the paymeat qt ute.oDligation secwrea by the lien 1n a�a.ocermbl.°sa a�ro�cant�sts in gooa faim the fiea� �:.:-
<br /> - ; . ar defenQs enfo�ri�t�it�ot the tien �n, t�Dma�,�s wiiich in Qa��ender's opm�on opeaare m ptev�t a►e ��'w�,
<br /> '' �` bY+ �� �tho holdc��dze liea�agreemeat 8susfaCtury w Le��ar snbo�g the lIen w '�"���
<br /> .';:. ;.`.,��. eafamceme�t of tt�s 1ien.ar td��crFtos from a' "".
<br /> ���;' 'y tlt�Secarity!rsu�L If L�uaear t2�rmir�ea.tSt#rt any gart 0!th�P�g�ty is subjecc tu 81i�n a6�rsay anain prlmity over thls �:.`�: .
<br /> � ;.:�;:?� � ay
<br />- ;:�;::, i Sec�alry+U�.caurnrnt��I�Q�may•givo��at a notioe ideatifyln$tise 13w.�Boimw�sGal]s�dsfy t$e llen or take one ar more
<br /> - : . of fh0ectim�s set forth abom aitL}n�10��ytt of�We giviag of nodce.
<br /> � '� . Form aoza eiso �
<br />_. . . � f�h•81�(NE�(92t2).Ot Pagsaote tnitiols:_._—._
<br /> ���
<br /> .. .. .�
<br /> _. ._..... ._ ,.,,..,ti,,,, _ _.._.. . ... .. - 1 - - -- -
<br /> .. , , . . .. .
<br /> . �
<br /> . . �-_ :..
<br /> _ r.. . � ' , . • ' � . . -. . , . � . - _ � .. � . . , � . ' . - .
<br /> � . . ' � -' ' --. - ' (4 � .." _ . . . . , . _ • .. .. ' . �. � _ . . , .. ..1 , ; " • . 's
<br /> : . _' _ � • . " . . �' .. .. . . ' . .. _ " . _ � . - . . �. " . . . , .
<br /> .. . .. � . .... . . .- .: . . . . ". ' _ . , . . .. � � • � . �� - ,
<br /> ..4_ _'. ,.t: ' ... . . ' •-- � ' . ' ' .. . � - • �� ' � . � - . . � � . .
<br /> �
<br /> .
<br /> :.. . . . • . . . �
<br /> � .... '. . . . . • . �
<br /> � .� . . . � .. ' � . '' " ._ � . ' . , _ ' • - , _
<br /> �.�
<br /> . •
<br /> . . .," ' . . F . � . - _ . . � . . . _ _
<br /> '•i
<br /> .
<br /> .
<br /> , . 4 .- .� . .. , .
<br /> ' ' y ��1�-. .•.. . _____,� ....._
<br /> .
<br /> .
<br /> � , . . • , � , �� � - --- - -
<br /> , .
<br /> , .; � :
<br /> � .. � . • . ,. �I _ _�._ -- - -
<br />
|