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<br /> � �° `��`:=a ' at tlie option af l,eader,if m�tt���a0Y°�{in cas at�,uct an�ear tJ�� ��"
<br /> :,�`.�. � i' VaY���Y no Ianger v�d by�as►'mnue�a g p m Ye@ DY l�asi�a�����8A�is ohtaiaed.Borrowxt shaD FaY� =_—
<br /> • _ �°• �:� - that Lead�r�uincs)Fm �in effec�.or to�P��.a boss�!e.uat�the reqa�ement Ebr m�t�Se �==
<br /> . ��S N'�tim¢�s r�ui�w m�ntam�e I�cable t�w. �``�--
<br /> � � ��tdsia��?mYwritt�aa�nlb�w��������y..���� `;�_
<br /> ..-:f�' ., .
<br /> g,Ynsp�a. I�ader�its a�i may mase� �
<br /> �� Bosro�veauot�e�thea�meofor�ioctoaa���l�����n �"
<br /> _.� `.� 10.�- '�e�of�►Y ac►�atd ar da9m far d�di�c.�at oon�q��. in aa�a�witb any �ti-
<br /> . `'``,. . � coadet�on�mIIer iakmg of�uy pa�of tha PtapettY,ar fut canveyanse in lieu of�.��Y��� �-
<br /> `� s�aIIbepaidtoLeader. � b t6isSec�uit�i �._..
<br /> ;.�� In tI�event of u taml�ag af d�.Pcopeaty►,tt��COCe�s s1�n�e�a m tIIe smns� r � —��
<br /> [:;.�f`��`�:�.�`.`;:� ���n���,�a�ry excess p�04 Ba�a�red In the ev�uofa�tial a�ins af dtePrapeatY m�►hich the fair a��et
<br /> :_•. tt:. 1s m��th2D�th�amOnIIt uf thC SumS�by�.S�9
<br /> ',;:x;z.3_ va�e of th�P�op�ty�Y'6efa�t1r�Ic�g' eQo21 �
<br /> :''`;� InsL��a3 immadi2ZetY�aie the ia�n8,�Baaawea�l�atder ot�wise egree m wemng.t�ssms s�bY
<br /> -F Se�it�r�mn�ut sfrall Da reduc�ed�Y tYr�a�mt of th�pmooerLq mnIt�ed bY the foliowing f�ti�n:(a)the wtal8�o�mt of
<br /> .`:'':.;n'� t�su�us�red'unm�ately bela:e�p.�8•��bY.(b)tt�e f�r ma�tcet vaTue af the pi�aF�Y��Y Eefaza tte� _
<br /> ��;�.�: :�_� p�g,any�shanuep�dmaona�v�s Inte��a�fa�l�8ofthePco�atvmwh�theraam�ka�ameofrae
<br /> L itefore�the t�ing,imless
<br /> . r:�* �p�tg IInmediatcly.6daie die taking is tes�c�tn t�e auEmmt of the s��+ued imme�Y 2ied w tha.
<br /> � - Budo�and 1�ndea oth�e agtee m w�8 as uulkss�p�b2e taw ot�is��rO�►!d�s.d�D��st�!be epp .
<br /> �".-+;';'F'.�.;�`� s�ssepuedbytmssec�ity►Ia�r�=°���oz�iotthesutnsstethwda� . •
<br /> �t ::%>r = •
<br /> , .';`;::-�s, � if dte Pm�ty►is ab�tdoned by Bwmwes.or i�aftes nodce 1iF Leaddc et�cmcawer t1�at the c�off�s m atafre an
<br /> 3. 7 �awaN ar senle a claIIn for damages.BoAOwra fa�oa iesDund w L�der wi�3#.days af�er ti�date�hendl�is� 'La�tc�� .
<br /> �� as ar tbe srun��att�t-
<br /> ."�y �• is anthorrzed m collECt and ayply dte proceed.�,ai ns aption.eatL�to����f the Plmpetty un� , ,
<br /> �'� . by tbisSeaairy�ns�t�whetherar nntthen du� . �' , �., '
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<br /> F 111�ttdA Or ..., t0�1 S11a11Ilat C���,�`� `,;
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<br /> f 1 +. UA�4S l�it�8A��OtI�WCT 0�1.43�1A�g��Y�P � .
<br /> c�:r:;,`;,±��,,�,�. �thed�edaten€ihemonthtYPaYmeaisrefea�dmutpaiagraphs•I and2orcbangeJee�R����.. .., :,:�':�.:.x.
<br /> ,iJ{�� .����� " . il.Borrow�Nat 8eieased For�caramse B�f�.eader Not a Waiver. Eate�sion of�,#��t�d11��� � _
<br /> , � .. of amor�an of the sams scc�ued isy t�Se�tnsnumcat g�anted by Lea�..�. to au�suc�sar in�r!�. .;�. � . ;' -
<br /> r� ����< <�, nut pgera�ro teIease the liability of the o�igaiaB 1�►wa►or Bmmw�'s�m i�;L��'�'�� �"af "
<br /> . t ia1 ��� , :.. ;
<br /> s`• k�s cammeace praoeedinp.�aSai�ut�Y s�iA i�t a�ref�w ea�nd t��aa'���' � . .
<br /> z,.7�'; �.,��. the s�5eaued by this SeaaiiS►I�sment�It�5�.o��r'di�u'���I�r��.�ra�rnwer or$om►wea's s�
<br /> .,,;,=,`,...!.'�. ,.. , �s�,�:a��r�,aa�nce bg i�nder in exe�is�q�'�,+��F�1��.`�waivea of or prec�eti�accs�Ice of any _
<br /> . i ntgpids� , �,� ,'; .� • �-::.;T' ��: �:.. 'Ihe caveaants aard•agce�m�ts of this'
<br /> ` �1.� ' ' Y�.:��a�sts�'As�gas Bound;Jo�t az�rit#�ra�L�i�f9;f�F� --
<br /> .:�'�;t... �;� : .� ��.:l�e�e shall b�and b�e&t tts�s'.�a�s'�assigns of L�aztd Botmwer,subject�o ch�pmvieians of
<br /> ;,��..� ..`� r� •� � pa�ag�aph 17. $ortowea's cove�ts aM a�'�s sDaYl be jomt and seveaal.N►Y Boaowea wh4 co-signs this S�my
<br /> � � �-~--�' = -��` tn�-sr�ar�t Dus d�s a�e�ie the Not��(a�.i�`�S ttis Se�ityr Ins�meat anty to maitg�8�g�t aaA convey tha�
<br /> � :,—-��' '� �oaower's�te�st i�e the Pmperty ander ttts teui�.�'+�f this Sec�uity instr+�(b)is not pe�sanallY ob13��w pa�r t�e s�s
<br /> � �,`,:... � •� �, ,.'`' seaued by this Secanit5►Insa��and(c)a�i�s i�t Lacd?r and aay othea Bozmwea�a3+a�e to extcnd.mo�fy,fo:beat or
<br /> ,. t:;`f . make ar►Y aaromma tl����8�to the tea�o�'this Sec�uity I�u�t or tha Note witk4ut that Borrowes's consent
<br /> .. ;:: 13.II.oaD�a*ges. If the Ioan seuued by tbis SeQaity►Ia�eat is su6j�ct to a taw which sec�maaimum Ioan ch�6e�r,
<br /> `,":,: � ,•��'-�.; so that the intaestar o�er Jaan cLarBes colteaed ar m be ooIIecteQ in oommectiaa wilh the ioan
<br /> °: a�td thai 1aw s�fmaII�in t c s p r e t e�
<br /> � ' � `��`L excecd�he pe+miueA uanits.men:(a)anq sasb toan charge shaII be reduced by�he ammmt neccscari►co nednce�e�e��
<br /> �'�' L'micg w�t be refu�dted
<br /> `.;� � :�'- p�i�ed i�a n A(b�anp sums a b r e�y collected from Barmwer wtucb eu�o�d yermi�� 1 ,
<br /> • ; . , `.:: I�nQ� may�aose tu make�is refimd Dy reducing the 11���;��Note or by m�ing a duett payme�t t� �:
<br /> � ' �
<br /> � � ,:`:� ��.`. $onowea.If a refond reduces yrincipai.tae ndncdon w�!b�areated as a Pa�al Pre,payme��anthow anY D�Y�t�� _.
<br /> . .�.:.� �rtheNote. .
<br /> . �';`::":i . 14.Notfce�. Any aatioe w Bomuwea pmvtded fot in tLfs Security lnsocament shall be�iv�by d�h�ng it oY by mailing it
<br /> .. .;:
<br /> IceS
<br /> : = liy f�st class ma�nnl�appliqble taw iequin�-use of ano�Iler met�od.The notice sha11 be directed to 1��A�Y��ar
<br /> `, �.. .' any oQtet address Baaowea designates by notIo�tn 1.enQca At�y aonic.�tn�.euder shaU be g'►ven by fust.'�tass mail ro l�ea►d�'s
<br /> , ^ ,•'` •:;.� notice to Boaowea My aotice pmvided�or m dds S�ity
<br /> .'�'.�.;.::.: , ..` add�rss stated h�or any otha address I�adea desi,gnates DN . _._.
<br />— � •f 1us�nun�t shall De Qeeaned to have heen g►ve�to Bormwed or Leada when givea asprovided'm ttiis garepaDD..
<br /> ��.'�����.�� : I5.Gove*nI�Luw;Severnb�it9. 9bis Sec�ity Inswment shall be,govcme4 Dy feQ�al law and �IIe laasr of the --
<br /> '° Instn�meat or the Nots
<br /> �;i, .: ':' j�uisdicYma h�whicb th�Propeny i�iacate�In the ev�t that aay pTOVisla�qr ctause of this Secutiry
<br /> �
<br /> .�", ,'•o oonflictg wi�a�pplicab2e tavr,s�tcb oonilict sh2l!�tol affect ather provisians.+��tbis Sewrlry Insuame,ni or ttte Note wtis�can be
<br /> ,,�f tYtrt4►;�' ��;: giv�effec!witL�nt the oonflicdng pmvisian.To Mis end the pmvision�of tl�s Seru�icy�nstrument�6 the Note are de�ciaied m
<br /> .�. ,.t' be seve�aDl� � .
<br /> ; ,. ':�� Form8048 9l9� _
<br /> •:�� Pege0a19 mnlals-�i..�.� --
<br />- �;. �-eN�NEyteao3�.o� , ��},�- --
<br /> _ ; ,:,�:_ . .�: -
<br /> ��y TM195097
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