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. . . �� `. .. ' *.��'L�..� .'.. -. _.. t/.�. <br /> . U' / ' � ,A+y�;���� � `��' <br /> i I�r_ . - _I���t..�.'�rlP� - • . .--�__'�r.__— 7 4! —� . v <br /> ._ ",�.hb�i.;��?F;ii�y �!;"k," mr+cs�i_ r� �� <br /> [ — <br /> _ --- ._.. --- - - --- -- -------- <br /> ..._..... - -- - --- -. =-_ ._.. -f.�.�...r . - - - — <br /> . • TOOETHEH WITN W th� kn�xovM+rnt� now or hM�M�r er�clyf an Ih� pruP�rtY, wnd �I�a�Mrt�nt�, �ppurt�naN, �nd <br /> Ilxtuns now a h�uMw�p�H ol th�prop*rty. AM rNplw�nlr Nnd�ddNian� �hNl�Uo t» aorK�d by thls B�curky(nstrum�nl. <br /> !1�ol tM lorpok�p U r�lwnd tu In thir BQCUiNy InrlrumM+1 rw Ih+�'OkapKty' ____ <br /> BORRtDVYEH COVENANT9 Ihet Horr��w�+r 1e Iaw��Ny ��u.M r�l IN� Msl�l� h�My cnnv�yM�nd h��lh� itpht to p��nt �nd <br /> conv�y th� P�op�rty and th�t1 Iha PropeHy U un�n��Knbwr�d, �Mapt fa► w+am�lH�nua ut ruor�t. Horrowu w�u�nte �nd wW <br /> dN�nd {�n�nN th�tltN lo th�Propwty�pNln�t�N�irkn��"d�Me"�n+f�,�u�l�i1 �n�ny�r,urna�na� 01 raecwd. <br /> TM19 BEGUNITY INBTRUMENT r.ort�inM unMnm► r.av���+ I�N nalNinrl uo� �nd non unMOrm cav�n�nto wflh MrtAMd � <br /> v�rwllon4 by pd�dlr.tlon lo condNut��unMcxm �au�ilY k��U��►1 r,n•��rkiq�»1 {►iM►Mly <br /> UNIFORM OOVENANYB. Barow�r md L«td�r aavM++w+V�nil NM����"N"�''�� g,�o,,�w��hNN promptN WY whm <br /> f. P�ym�nt M Prinolpd �nd IM��sMt �np�ym�nt �nd lM� Ch�p�a. � <br /> dw th• irioiprl n1 r�ud W�Isrc.t oil tho dH7t 7rld*nr�hy U�n Nrd��u�d Miy IH�M�ry�ua�l �n�l Nls chR�{�afu�undw thA Not�. , <br /> Z. �und� to► T�xN �d Imur�na��lkibwcl lo y�plM�bM Mw iK lo r wrNt�n wWd► Oy 4.�ndw,tiortowa rl�rY�wy <br /> to L�nc1�r on th� d�y monihN MYm�nt� �r�du�unclw Ihr Nol�,iu�IN IM*Nn/N H pMd in lul,w ewn �'�undN)�: (�Y� <br /> wc�s �nd �u�sRmmU whbh rrwy etlMln prk+tHy�>vw lhl� t{�:urtly ineli��nl �� �N�n un Ih�e Nrnryrrty: (b1 Y �Y <br /> p�yment� or pround nnt� on th� fhppwty� N any; 1�l Y�M h�tMd �K Wo{rM1Y�nru��enr.� pMnWmr (di YwrN Ilood Ineunnc� <br /> pr�rr►1um�, M�ny: p) Y�rN�Or4� Muur�ncs prM►1Nune,M M�y: Rml (A�ny Eum�r,�y�bH by 9onaw�r lo L�ncN►In�ccordmc� � <br /> wtth tht prorklon� of p�n{�ph E, fn N�u ol lh� �►MYnxMit ol nNMt{Np� Mi�uiM�c� p►wnfum� Th�e� NMnr �r� aN�t 'Escrow <br /> Itana.' Lender rr�Y, at �^Y�Im�, c°M�c1 �nd hokt 1'unQn Ni �n rnx�mi nnf In �M�c1 th�rtw�k►wm �mount � I�nd�r lor■ <br /> t�da�Ny nlat�d maAp�p� ben nay rpuks lor BmrawM'� err�uw sr,r.��uni ix��Nr�h�iMM*I Nwsl CataU 3ottlanent Praceduree <br /> Aot of 1974 u ammd�d hom tfm�to Ikn�, 12 U.D.G.M�A01 M aw� ('H�I�1'A"L wdM�n �nulbM Mw th�l �pp1N� to the Funds <br /> eele • I�ae�r�mount. II so, l�ndew m�y� sl �ny 1�», c�1 �d 1u�1 Fix�;lr h��n�uniHinl n�l tu �xcwd th� N���r rmount. <br /> LmdK may utlm�t� the�wm►unt ol Fund� dus on Ih�brrl�ui cuu�il�f�p�nd i��na�Gt��ntWnt�� 01 �xp�ndllune ol(utur� <br /> Haaow R�m�a oth�rlse In aaoord�no�wNh �p{�o�Mw. in�kumM�WUY�a�nHty ilnoludlnp <br /> Th�Fund� sh�l h�h�id In sn In�dlutlon wha��d�w�11��n��nsW�d b�� NdM�I�p�nar, <br /> Und�r, N L�ndK I� wah �n In�tNut{on) a In �ny ���1 fionw Iha�r f�N �1.�����1h�hNaow t000unl,ta E�Nyk�9 <br /> keme. Lender m,�y nat ah�rg�BtNrow�►IM hcddln0 ��1 MMN�A {.w pwmtts lasd�r to malse etM � <br /> th� Esaow N�rnt, unhss L�ndrr p�ya Bomm�Mr MIe�MI nn tltt FuOd� �nd ���M <br /> nh�rp�. How�rK, L�nd�r m�y rpuk� 8om�w�x lo p�y � on�•tkn� ah�rW la �n IncfKx�nd�nt rMl Nt�t� taK npadn0 s�rvk� <br /> uad by L�nd�r In conn�ctlon wNh thif b�n, unMn �pRMo�t►le Niw pra+kN� olhKwt+��. UnMa �n �y�m�t � �� °r <br /> �pptic�Wo Mw r��kn IntK„t to b�p�ld� L�nda �h011 nnt bn rn�iMnd tn p�y 8onowK�ny Int�t ar�NirtinQn on th�Funds. <br /> Bortoww �nd L�t►dK nx�y �9►w In wiNin9, howw�, thtl k�iwrnt �hM11 �be p�ld on Ih�Fund�. LN1tUn sAaM ptv� to BorrowN, <br /> wfthout chuq�. �n �nnu�l�ccountk�p o1 th�Fund�, �howfnp ctedMo�nrl AebM�to Ih� FunN�ed IttN putga��10►whbh wch <br /> d�blt to th�Fund�wu m�d�. Th�Fund�are pNdp�d���ddM1a+M1 �m;urNy far�N �ums��am►d by 1h�Brcurlfy Indrummt. <br /> 11 th� Funds hMd by l�r►d�r�xcNd th� �mount�p�m�llt�d lo b�h�ld by �ppMaibN i�w,l.�ndM�N�M�aount to Borroww <br /> fa th�ucc�tt Funds fn �ccwd�na wNh lh� nquk�nt�ol a�ppMc�bM Mw• If Ih� Mmwr►t d Ih�Fund� hold by L�nd�r�t u�y <br /> tkns le noio L�n�M►1t th��imaunt eirw�a'ry lo m�k� p th��dMlc�NncY., 6arowK�MiM m�k�up h� d�l�noy In nu mor�h�n <br /> �� WY <br /> twdva monthy p�yments,�t L�nd�r'a soM dlsaMlun. rNund tn Borrow�r�ny Funds <br /> Upon p�ym�nt fn fuN ot dl �ums s�cur�d Dy thl� S�cu�Ny M�trum�nL L�nd�r ehW pra�PtZY <br /> hMd by LMIdK. M� UDW/p�►aQ�iWh zi� 1.w�oR 6itw�i wi+yliww &i CC"••ltsO °:�^�'!y. I�nr�r, uwb► �o thr�aQUIsNlon or s�h ol th� <br /> prop�ty, s►W �pply�ny Funds held by Undw�t the tWin of �oqul�Nbn or NI+��s a�dl wqYn�t th� �um� ��aund bY 1M� <br /> 3�curity Inehum�nt. 1� rwNi�d by L�ndM und�r <br /> 3. Applle�tlon ot RaymsM�. un�, �p�.e�x �w provklN oth�iwli�, � pp*+� <br /> pu�ynphs 1�nd 2 �hall b��ppN�d: firnt,to�ny prsp�ymK►t oh��� du�unda Ih� Not�;��d,lo �mount�WY�bI�und�r <br /> pantqnph �;thkd.to Int�rett dur,tourth,ta prkndp�l du�;�nd w�t, lo��y Mt�oh� du�undw th�N°��. <br /> 4. Ch�rp��: U�ne. Bortower shW p�y �II Wae. �u�s�rnMt�, oh�rpN, fin������!y��tth�N <br /> propwty wltich may�tt�n.prfcrrity over thb S�awity Inftrummt, u�d IMSNiold p�ym�n th«n on tMM <br /> P�Y thn� obMp�tlnni k► the m�nnar provM�d In pu�gnph 2, or N nat pYd In th�l m�nrw, �artoww shaN p+�Y <br /> dk�otly to th� pKSOn ow�d paymsnt. Borrowe�ehoM PromptN NmMB,ta L�ndK NI noNeM o1 Mrwunt�to b� p�ld undu thN <br /> P�'�9�Ph. N Barow�r makee thKe p�ry+nbnte dk�ctN. Barow�r sl►�� prompNy lurnl�„lo Undu r�apls �vld�ndnp th� <br /> paymmts. <br /> Borrowr sh�N promPnY diechoro� �ny N�n which h�a prio�ly av�r thlr �audlY Mdrum�nt unlM� Harow«: (�)�y� <br /> wrMiny to th� p�yrr�nt ot th� obli0�tla► s�cund by thu Wm In a mmn�r rccpUAM fo 6«id�r, (b) oonl«I� In pood fNlh th� <br /> ll�n by, or dN�nds �q�inat �r►tarc�n�nt o1 th�Men fn� I�N Proa«dhp�whbh fn th�L�ndK'�opM�lat c�pKM�W Prw�nt Ih� <br /> entorart►�nt of ths Nm; a(o) s�cunr tron'►th� hoWM of lh�Wm �n�9t�Hn� sdlspotap lo Urtda�ubordlnaqnY�h�Ym to <br /> this S�cwily Inahummt.H Lmd�r d�t�rr�in�a th�t �ny p�ut of th�P►opM1y Is wb}�ct to� Nn whl�h m�y NWn P�aMY ov+K IhM <br /> • S�curily IntWmmt, l�nda m�y qiw Bortow�r� �Wlc�W�nlKylnp th�Nan.BorcowK�htM �wsy�h�Mn a Wc�on�or mon d <br /> lh� �ctlont�M 1oRh�bov�wkhb 10 day�af lh�yNhp ot notic�. <br /> 6. Hwrd or Prop�rly Insur�nc�. 8arowK�h�ll kMp Ih�h�pror�nmt�na+�dnh�a hKMnK«�oNd on lh� <br /> Prop«ty Ineur�d ayek�st bu by tk�, haard�Includ�d wNhfn th�tKm'uctmArd cov�' Md any o1Mr h�t�nl�, IndudMW <br /> 1bod�or lbodlnp, ior which L�nd�r rpulrN Imunnc�. Thls Imunnc� �h�ll M mwnt�ke�d In Ih� �nMx�nt�w�d la th�p�fod� <br /> th�t Und�r r�qakN. Th�Insu►�nw c�rtHx provldln4 th�hsunne��h�l bc chot�n by 6arrawK Mubl�ol to L�nd�r'��(►pron�l <br /> wh�h shal not E� unrM:on�bly wilhhNd. II BortowK hMs to m�k�t�h covenp� d�saErd�bow, ��nd+K m�Y• K��^d�• <br /> pPtlpn,pqhh cov�nye to prot�at Ur►dK'�rlyhls b tht Prop�ty In�cco►dlu�a wMh P�tW�qh 1. <br /> All {nwr�na polcNs �nd nn�rvNs �haN bs �ea�pt�bN to LendN md �hNl Inok�� sl�nd�►d maty�q� dw��. Und�r <br /> prid pr Vin�Nxns��ind nnwr�notk e.�ln�t e �vmt otllout Bortowa�h�piv�pr�omPl�notl�l to�lhi Muuanc�o�rrlM Ynd l�it►d�r. <br /> Undr rtMy muc�proof of bss N not rrwd�prompdy by 8arowK. <br /> Unin�L�ndst�nd Bortow�r oth�wlse �pn�In wdlN�p, Intunnc� procMCN th�M b�y�(slNd to r�stonHaf a ��p�M nl Ih� <br /> prup«ty d�maqad. M the restontbn or npak Is �cor►omlc�My 1wa1bN�nd L�ndK'���ou►il�'Is nol IM��on�d. H th�rwla� w <br /> repdr Is not �eonomlcaMy IMSIbi�or Londn'a�scurity wouW De Inumd,th�Inwn�a poa«d� �M�N d��iMsM�d to ih��um� <br /> eee,�urod by thls Sacuiity Instrument, wh�thar or not then du�, wRh ■ny accK� p�kf to Bor*owM'• �� N���« �"�r th� <br /> property, a da�t not answer within 30 d�ys� notics hom L�nd�r thwt ths Imunnc�caM�r h�� aflK�d to �Mth;o�.;� <br /> — Lenda m�y coNeet the Insurena procaede. L�ndK m�y us�the procKd� to ap�k�x iNta� th� PropMty <br /> aecured hy thle Secuilty IneWm�nt,whether a not lha�du�. The 30�d�y p«iod wIN bpMi wfun 1h�nouc�U yirNi. <br /> Untes� LendK �nd Bortower otheiw7s� tqrs� M w�linp, �ny �pplotllon ol pra:«dn lo p►MuA{�I �h�M nol �tmd a <br /> poatpone the du� dat� of th� monthy p��m�nts rdKnd to N panpr�phs 1 �nd 2 a dw�p�h��+xxM�M�h� WYn�^�r. H <br /> under panpr�ph 21 th�PropeAy Is acquk�d by LmdK. Borrow�n r19�<<d�Y ����up°���d p►a�wM rNUNr�p lran <br /> darnrpe ta th� F'rop�Ay prlor lo lh� �cqul�Nbn �h�N paes to LMId�r io th� �xNnt ol Ihw wm� by IhM Ma+�1lY M1�NuntMSt <br /> ImmadkteN prla t4 th�acqubNbn. .. �_ ,_ .Y„ <br /> = ff. Oacup�n�sy, Pr�Nrvatloo, M�Intin�no• ma P�a�aiio� v� iiw PrvpwiTi ..�.�•.�• �• <br /> '- Application; L�asahOld�. BortowK shw occupy. �atabNeh, �nd un th�F'tope�fy u F3aroww�r {�N��1 naklmc:�wi1Mn <br /> elxt�r dny� �ftK the ex�eutlon of Ihb S�autlly Inetrummt �nd eh�A eontinw to uecu►�y ilia lh�K�Mty NM H�wuww'� {►rNir,W+l <br /> — resld�nc�lor �t laaet one yerr�ftK the dat�of oacup�ncy, unles� Lendw othMwl�e�prMr �i wrNln�, WhM:A I:�NINM11 �hNN fl(11 <br /> `�q be unrsaaonaby wRhhNd,w uN�as�xtmu�tlnq ckcumstat►c���HI�I whkh m b�yund Non�wK�N f.Milll� NINIIJWM Mh+�N not <br /> � deaVOy, d�may� or frt�p�k lh�PropMty,�NOw ih�Proputy to dMerlorat�,or cnmmN w�►st�or�Ihe fh�i�nty N�►now�w�hNll UN M� <br /> ' del�uk H my lod�ilun�otlon or procs�dinp. wNelhu cNN or crkrNn�l. le bequn thtl Mi I.MOw��uooU I�Nh p�Ar,anw+d�:iN�tii�MeuN <br />-=p� In fodeiture of ihe R�perty or oth�rvvlae rn�t�rhlly Irnp�k ths Ibn crwlyd by lhl� Ei�cu►Hy In�bun�n�l or l wul��� en�.uiNy M�Iwv��l <br /> C <br /> rM <br />�.f.; F1710.LMC�11/91) Papn 2�.1'1 <br /> :� <br />.-:A <br />:T.7iA <br />__::,__ <br /> 97192 <br /> . � . _ . ... ._ ._ .. . <br />