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<br /> l.�n�r rt►�y,at rny ti�n�. eoMiol�nd hpld Funds fn an�mount nat to �xcNrd ths mucfmum�mount t MncM�lor� I�d�rasly nMMd n►orf�0�
<br /> loun m�y »qutr� fcr Boriowir'�accraw ecaount undsr tho�rd�at Rai�Eetate Sgttbment Proced�,res Act ol 1874 a��m�nded hoM Uirwr M ' �
<br /> ► r� u. �nn FnnAa �eeta e festti' �mount. ���0� L��dM Ri�y�t1 Rfly«IM�
<br /> tYIN. 12 11.B.C. 2601 W �W.("NES►'A`)�unirsr��iOti�G�i��:��:.:+"r"r"•.• •- •.•� ._
<br /> coNSat and hold �und� in m amount not to �xCwd ih� I�{ifI Aro6Uf11. LN1dY► (0iy lStYn�10 lllp W170UM 01 h:f1d� dw on tM bu�N W � —
<br /> currw�t d�t��nd r�ton�bM�stinRt�� 01�wr►dkune af lulun Etcrow Ibms or othewb�In�000rd�ncl wNh�ppNcibN I�w•
<br /> Th� Fundt �h�G b� Mb In �n hstMutbn whos� d�po�fls �n insured by� t�doral aqsnoy, httrum�nt�Wty, or�tky (Inciudhp LM1dK, M �
<br /> LK►da M such �n inttkutbny ar In luiy FWK�� Hom� Loan B�nk. lendu �haM�ppy th� funda ta p�y th�Eccrow ItMm. L�ndK m�y noi
<br /> cha►qe Borrowa lor holdhp and appylnp th�Funds, onnu�tly anyyihp th� �tcrow nccount, or vrriyhp th� Erorow Itwnf, unW� LmdM Q
<br /> p�ys BarrrowK htw�st on Ih� Funds fnd appNcab4 law pamRs L�ndK to mtk� suoh �ah�rpo. Howovar,Lond�r may raquYo 8orrower to
<br /> p�y a on♦tMns oh��tcN�n IndM�nd�^t rMi�stat�tax rportfny ��rvia�ut�d by 4�nd�r In oonnNStbn wRh thM b�n,unNt�rppMO�bM rw�
<br /> {xovidK athwwk�. UnMu an aqrNment b m�d� or applfcahN 4w requkes hterest to be patd,LsndK �h�N not b� nquind to p�y
<br /> 6orcowa�ny htanst or Nmhq�on th�Fund�. 8orcoww and Land�r m�y aOrN In w►dln0� howwnr, th�t IntK�st ahRM W paW on tM Fundt.M.,►
<br /> Und�r shtA piw to BonawK. wRhout ohtrp�,an annual accountinp of th� Funds,ehowinp credtl�and dsbits to th�Fund�lu�d tM puryoN
<br /> lor whbh e�oh dsbk t0 th�Funds was mede. Tha�unds eve p1e�� es add�tb��at socu►itK for au sums sacured by this S�curlty Inttrumm4
<br /> !P ttt�Funds heb bY LNnd9P �ccced tJ�9 µ�n0urt{.� pQrmiM�ct to t�a� I.rrd�h I�K R�D�k�J�fA faw.L�d� SAst1 nCCOUnt t0 IBarOwK fOt th�
<br /> a+�wss Funds iR 9�ccordAU�c�w��h fh�reRuinaments ot eAp!icaD� �aw. if the�amount af.�tJ�x Fuad.s h�id GY f.an.d�aC eY�Y 1irrM i�n.aC Su�d+cUatt
<br /> to p+�y IJ��EBCr4w ttwrrs whOrt d�u�. h ertd�rc�N so mG,�Xy f�o►ra�a�r in.wrTlrt¢, e�:�d. �ti�.S:�cR crr.�Bar¢war sh�lt pa�y cm Lardr�rrw��nt
<br /> � Mc�35sr�t� irr�Ce:w.� i1fl�s,'t�iRCferxcy. L�Orro�Qr 8"�aL rn,�;u�up fho dt3'iCle�rCl(fn�� morm tde�[xetvi mGaChl� biltymB�rtfx.Ad GAi�d�'s i,4f0
<br /> . . • .6a�cretlQ�.
<br /> ' l{pon ppymint in full of all sums seaured by thls Sscurfly Insuument, lende� shall prompty ro►und to 8orrpwer ar�y �unds heub by
<br /> LoRdw. !t,unikr Ga►apraph 21,Lender ahall acqulre or sell the Property, 4ende►,Prior to tho AcquFaAbro or sale o4 ihe Property, sh81i oppy
<br /> any Funds h�k1 by Lender R the time of acqulsitbn or saie ea a Credlt again�t the oums seCUred by thls 8ecuruy Instrument. --
<br /> ' 3. ApplioitiOn ot Payments. UnAss sppltoabN law p�ovides othenviae,ull payments receFred by.Genddr untier pareprephs 1 and .
<br /> 2 shdl be applMd: fYSt, to any ptopayme�lt aharpes due under the Notv; second, to amuunts pa/abl� under ppragnph 2; third t0 hUrat
<br /> Guo;lourlh,to princlpnt due; and lnst,to eny Nte cherges dua unda tho Noto.
<br /> 4. CI1�1'Qei; LIe11a. Borrower shsll p�y all tazas,�sseasm�nts,oharpos, tines tnd Ynposkbna�ttrbutabM ta th�Propwty whbh rtrY
<br /> I�ltaM priority owr t�b S�curity Inswment, and Iea�ehoW payrtwntt or pround rante, M �ny. 8onowK eh�N pay th� obNpatbns In tM
<br /> ma�nlr provkNd h p1«�IWh 2, or k not ptid h th�t m�nn�r, Bortower shaN D�Y tham on tYne dinoly to tha p�rion o�wd p�ynMnf.
<br /> BoROw�r thaq promptly fumbh to l.ende► �Y not��s of lunount�to Qa pald undar this par�praWh. If Bortow�r m�cq th� WY�a
<br /> erMOiy� BarowK�h�N prompty fumkh to L�nd�r nc�lpt�AvldK�ol�q th�P�Ym�nt�.
<br /> gpRpw�r �h�N prompty dMchup��ny W� whbh hn prbcMy ovK thk S�curAy Imtrum�nt unIM1 BarowM: (�)spn�� h wriprp lo tM
<br /> P�Yr^�t d tnii 6u�iiic*z::.."'vr:d!S; !h: � !R !en.nn.r acc�Qubl� to L�ndKt(b)ContMts b pood hNh lh� NMf byr or dMM�d��ut ,
<br /> M�tOrCMttM�t of tM NIn In�MpN P�����whbh h lfN LNtdK'i Opinlon oPMat�f0 O�wMit th��niarCM►�M�t 01 tM Mni 0�(a)��M ian
<br /> y� AoW�r p� ths q�n in�Mnwnt plbhlotory to L�ndK subordMathp t1N NM+lo lhM S�curky InllrurrMnt. M l.MidM d�M�mMM�qwt rryr
<br /> part of IM Propwty k +�ublec!to �Mn wh�h rt�y �tt�in prforRY ow�' thfa S�curNy Insaumw►t� lKidlr rn�Y oA"►donow�r��wliD�Id�MMkfr�'i0
<br /> ti►�i'w�. BorrovrK shsY s�tisry Ihi tpn or taY,� ont o►moro o1 the eCtions s�t lorth�bow wRhfn 10 d�ys ol tl»phrY�p af nMb�.
<br /> 6. Nsr�d or Property Insurenc�. Borcow�r aha� kwp �n� fmprouvm�nt� now s�s►rq o� t►�nK «�cad u^ �� aa�r
<br /> bsund �hst b:s by fn. Mra►rds inabd�d wRhh 1tN tKm "exlondid oavxapo' and any othM hwrd�, fncluWr►p 1loods or 1bodN0.b►
<br /> y��qh�„���r�y inwr�nc�. Tflb Insunnc�t�aM bq mnfnlalnM in th�nmounta and tOr lhe pKbd� th�t UndM r�quira. Th�hw��
<br /> p�rrMr providMq th� insuru�q sMq ba ahosan by Borrowa wbJ�ot to L�ndari �pDrovd whkh sha11 not b� wxN�ioMbb w11�h�k1. k
<br /> Borrow�r faye to m�hsaii cwonipo d�sc�Wd �bow. L�ndK m�Y. at l.�nd�� optbn. obt�tn eotiw� to P�ot�t L�ndws� in 1M
<br /> PrOpMty IA aCaordunC� wAA p�rppraph 7.
<br /> AY.hiuhu�c�P�IK�nd rrMw�IS shaN b�acc�plabl�t0 lAndi��nd cMtN Includ��ttandud morty�p�o�us�. I.�ntMr�IW h�w IIN
<br /> riplit t0 hold tM poYCW�nd nr»wt19. M UndK raqulrts, BOrrower shaM promptly 01ur t0 Londet al neNpts of p�fd p�wnk�M,�d�M�wM
<br /> ��.,�In th�ran! af bss,BortOwer sfiaN piw prompt notice,to the hsunnc�canN►�nd Lond�r� L«+dK rtMY�P�'o�f����� .
<br /> rtw1d�promjtty by.�orrawet. ' `
<br /> UniNS LMd�� end parrdwBt otherwiN �0��0 h w►kh9� insu��na procaed� sh�M b� qpplyd lo rottoration or np�Y o� t!N PrOPMb
<br /> drrrrprd�:.il tM nstoration or repalr b �conomicafy ta�sbl� �I�d und�e securky is aot ials�»d. If th� ratontfon ot npdr k not
<br /> �COnomica�y Nes6M or Undw's seaurlt� would b�IessenW. the hsuranc�procMds shaN be nD�DWd to th�sums a�eund bY fhk 8�axb
<br /> In�yurtient, whMha w no�th�n du�� wkh �ny axcess patd�t�`BartowK. If BoROw�r abandona th�Prop«ty. or das�ot u+sw�►w�t�30
<br /> � ' d�ys�nolic�hom LMda tha�t th�hauranc�Gnier has oHKad to s�ttta R ckim,then L�+d�r m�y CoM�ct th�Ins�karti.y proeMd�• ��W�r
<br /> rrwy�s�tIN procNds to np�k a nston th� f�ronerty or to paY sums a�ound by thk SacurUy Instrun»f►t,whNhK a not 1Mn d�w.Th�
<br /> . �r a�ww aw�+wn.n�n��ot�c.a 9w.n.
<br /> UnNss l�nda and 9oROw�r othKwk��p�w � writhp, sny applkatbn of procwCf to prinolpAl sh�N not�ocbnd ot po2=1poM�r
<br /> dab of ths monNy po]�t�nbrt�d to h Psr�9nP�� 1�nd 2 a chmp�th� �.�aunt of tM pnyrr�nts• �I u+id�r PM�O�Ph
<br /> � :�.9uAd by l.lRdK. 60ROwK's tipht to anY AtbutanC�PoIiCWs Nd P��� �ErsuRhy NOm d�m��1 to tM NropMty D�W tM�oquit�n
<br /> �hal paif t0 UndK to lM rnlonl of tho sums saoufod by this S�cur�y Instrumsnt Dm�tlibM a��ro cn.aciF+dtiOe•
<br /> 6. Oecupancy� Preservetion, Meintenence snd Proteetlon oi the Properiy; Borrower's Losn Applicatbni
<br /> Laaseholds. aoROw«:nae occu�r,�stabY�Sh,�nd us�tha ptoperty as Bono�s ptinoipai resitknce within tict�l dsys�R�t th��oqCUHon
<br /> a/thl� Slcurity Instrurnlnt and shall continw to oCaupy tha PropKty as Bortorr�ts princip�l roskl�nu for at last one ywr atl[r th�d�M ol
<br /> occuppnay,unins LMd�r othKwFt� �prMS h wrdny,which eonsmt s�at1 not b�unnasonabFy wkhMld,or unMts�octNwetlnp akeumtW+cK
<br /> ipcitt whloh �ty bsyond BoROwar't conVOl. Borrow�r shaN not d�stroy, damayo or imP�M tha PropKty.aMOw th�Prop�rty to dMKbr1�M�or
<br /> ComnR wast�on th� Proporty. BOROwK �hRN b� fn dNauR if Ny torloilur��otbn or procwdinp. wh�thK chrY w CrknM►N, M b�p�M�M�M h
<br /> L�nO�s poOd I�ith judprtlMrt Could t�fult M tOthduq of th� Property a otMrwis� mat�rkly ImP�tr th� A�n e t�d by thk 8�curlqr
<br /> 111fdutflMlt 0�I.�fldif�s s�0urky ir1lK�5t. Borrow�r rrry eun sueh� dNaut md ninsut�, �s provtd�d h penpnp y causinp tM+ctlon
<br /> ��� .w�A 4Y). iLf�rmiutiGfl. O[�QW�t IOAe�Ilf� O�SM BOff01M�� Y7IN���1�I1�
<br /> Of pfOC��1Q t0 b� �TdfMbt�O WRII ■Ninp anGi� ��►an.�.� Y.... .�' --•"'
<br /> prop�rty or otlNr mtt�rYl impairma�t oP the Iisn oratW by fnts S�curiry InsVument or L�nd�r's s�curlty Yttrnst. Bortow�r�hd�I�o b�b
<br /> d�hult R 6orrow�r,durtp tM Iosn aDqlicatbn P�oe�s��W� ����Y �also or haccuran htomiafion or atatenwnri to Undu(or hMd W
<br /> provfda I.�nd�r wRh anY mat�riai „tormttbn) In com�aCtbn w�th ihe ban evtde�ced by the Not�,Inoludino, but not I'mit�d to.npr�mlatbnf
<br /> � CdnCeminq BOrcOw�r's oecupanCy of lhs Rroperty es a pr�clpa�resldence. If this Securky InstNmant is On a Iw�t�hpld. BorrowM sh�l
<br /> �pmpy wkh aN tho provisbns of the leasv. If Borrower acqukos fee t{tte tb tAe Propeny, the leasehob and the tpe tltt9 BhaA not merq�
<br /> unless Lander&prnes to ihe merger in writinp. , .
<br /> Fonn OOt��f�0
<br />'-� K�OOb41U0(!/�n Paq�2 of 8
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