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' • '�_ <br /> -*r y }Kn.�t.�s�w't �t�r''i,� '' ..e•_ p.x..�.�.v�.-r�+:�'y.�,•,...r•.. ,r.., .. .�-.,r _ — <br /> . . . . . <br /> - <br /> .tTVa_�__'. _....... ., �.r ,_��uR� `�_. ��.�_��_ ._.._.-Wc.ar•d .;-a . - ___.....hY.�'n_. <br />_._ ' _ -- �°°Yil'�1/ _ _ _rl:4t ....radB�Y—='--- . - � <br />° �08/30/88 9fFD 19ct6 FAE 402.89Q OQQt� CBNTRX HO�S EpUITY CORP I�000 <br /> 98— 10��0 a�aeoa�i� <br /> r T�OGB'[ti@t WtT`3i a31 ths lmpmv�acuuit�n�1 oz� ���s�all��6a covacnd 6Y�t61s Sec�urlry I�nswment <br />— .�pues now a haesft�s prat of dro pcwp�y►• reP <br /> All of the faegoSng is mfearW ta in thl�Se�urlty Intttusnaat as ihe"Ptopaty: <br /> BORROWffit COVBI�SAt�Ti'S thwt��mowea i�1�uY�of tb�a esmte bceby coavayod u�d hav the rlght to�aut and <br />� ccnvay !he Pr�I�Y � tl�at th�P�apesty iss unG��+lured�ccept for cracnlnbraaces of rewrd Hmc�ower watraate and will <br /> defend genaauY ehe tittlo to tha PropaRY�tnri atl�SUtR�a trtd detnands.anb3at ta aay erxumbraru�s Qf r6car�. <br /> THIS 3IICLIRITY IIJSIRUMSNP cAmbina�nn�#kr�a�covauiata for eudonal nse and aon-uaifcum cov�nanta with Umiud <br /> varl�duns by juri�a o0 oos�sdt�tte a unifhm►aooc�usty�a►tcoveri�tg teal pmpe:tY• <br /> UNIPORM COV�NANfS.Bmrow�e eud I.�slat�t and I.ate Ch�tsaq��aHo ower shall P�P�Y PaY whea due the <br /> L Pa�ment atP�dEu�i and Idd�re4t;Re'eP �p end lata ct�arSas d�te undQ�hB Ncte. <br />- g�gni ot aaA intace�ton tba debt ev3,daaoad bY tttA�Iq�:�md�y�Y�wrlt�waiver by Lc�cdcr. 8airowcr shari paY to <br />- 2.�nds tor T�and In�wance. Su�t���'�b <br /> Lea�sr on the day a�hlY P�cnte ara dna un�as d�a None.eu�dl t�c Nota ls paid in fu11,a sum("�nds'�fa�:(a)Ye�IY taxes <br /> a��s�neata wMcN m�ay Wt�tn FrimitY 4vas tb�5ecwitY fnsnumtat�s a lleai oa the Pmpecty:(b)Ya�iY leasehotd paymaus <br /> or�cound rents on thaYroPertY•If er�y.ta)Yq�l'�hfl�d m ProP�Y��g�ninm�(d)Y�r1Y fland i�asuranoa praniuu�s,if <br /> az►Y:(e)Ye�rl9 m�Be iAAUarxe Ft�litunb��f Auy:mtd(fI�►Y sums Fayehl�m by Hos�owor t�l�ertde:'.in atxardanca witb the <br /> p��uf pan,graph 8.ia liau Qf tt�n p�ymtmt of mortS�Ba�P��Thoae iLema rcc�d"Fs�mw Ioema.•• <br /> ` I.aidar may.�t raaY ti�me. aolisxt��ltottl Fu�ds in en amwmt not to a�coed the ma�cimnai omatmi a lendtx for a fedatelly rcaated <br /> �g�gQ l�n nwy aequi�se far Bwsowt�r'e e�a+ow axannt muler the fedesd Real Bs�s Setticzueat P�acaduria Act of 1374 as <br /> amended ficm time La tfmo,l2 U.S.C.Sa�tian?�b'��et seq. ("RBSPA").tmlass anothar Iaw tbat appllee u►the Fuuds sets a less�r <br /> aweuni If s�.I�eaxtrg uaaY�at tsay dma.wltect and itold F1mds in an amnttAL twE w excead d� 1e�rf�Bsctaw�tama�r <br /> �e tha unouns otFa�nda due on thb hnais ef�t data and reasanabb esdmama�wcpeadinaee <br /> ott►�saria�►in a000rda�ce wub ePp�rl�?tiw. or entity(iu¢WdmB <br /> 'IT��unda ahwlt Uo held in au�n�tidrifon whose depostts am inmue�by a federal eBanaY.Ins�Funds co p�y the H�ow <br /> I,oader.if I.�da is sa�h w insa3iu�un),etr•ias my Fede�l Home Losm Saok. Lmder shall appiY <br /> Ycema.Leader maY aot ch�84 Ba�for daSsting wd applyIag tha Fanda,�nnua}ly aaalysin8 the acrow a000uns.a vaify�n8 <br /> . tbe Bscrow It�.uniqs I�eadar.R�sys Bouowat in�oa dia Ftmda mtd npplicabla Iaw pr�mits Leadrs�maloe anch a chatge. <br /> How�vr.r.I.�d�w�'�4���a��tu pay a oa�ttnuae c1�B4 for aa�dm►c seul estete tax re�am�8 secvice ased by <br /> ��.�w^*h lhis!n�uniass app3�c�►b1e 1aw provWes ott�wise.Unless en agcxmeiat is mado or applicab141aw . <br /> . �{���o:�'s�id,Len�a si�aaII�ot be reyWnd m pay 9ama�es ery►3nterae a e�r►ings a�i,a l�nuds.Bi��+3 <br /> .,.`��, <br /> ,',�. .�.. Ixndar m*Y�f°-aa�8�boweves.met�t►i�est sh�ll be paid aa the�aadu:Lertda eha11 Bive to BoQOwrr.wiilwut r�a�ge�aa _ <br /> . an�q�!qpenrod�,p�,+oi�th��Imdt►abnar�a8 aedfis and debita ta the Funda and eha psaposa fa wbicb e�ch debit o�the Fand,s aas <br /> �� ' �,'8l�a�q�dtt�D�asa�tlicSonal socurity►fcr au sums s�al uy t�s seamtq►Iashum�N. <br /> ,� It rhb�nd�[u3dfy I.�c�imr az000d ths ematmt�petmimed�166ejaw.]ff �amonrt of�da held by Leadar at�►y�� <br /> tt►e acoa,t Fwx1a�f�ao�d�e�v�t3t tbe t�enta ePF <br /> ;, not�ciestt to p})► tha�ac�ros+r TLem�wbea dae►1�aWac maY so notifp Boaowor in�arsiGhng,atid,in sac6m��moia thaa�aelPf►Yve <br /> � m Leader tba amnmat tem�f!m m�nP tht�dr,6eieuey. Batowu ahall• malra ap.Ehe�de5cleacy . <br /> mflntWy��t atLe�rr'�sial�a diaaetion. <br /> � UP�►�='�,n'fli3liof�a�'�ms sxu�ed b7r d�is S�m�tY Iuaorumm�l�ender sluutlli�nomDtlY re�md w Borcower aay Fm�ds <br /> = hdd by Leo�d�s..14�vc3eu�Zl.I.eader shetl aoq�ire a�se11 taa Peope+ry►I�ender.Prioe to the ac�ui�ition or sab af the <br /> p�pRy.�1it�ply���ny Ptmda held by i�easdar at d�e tune of acqnis�nor ealo�ea•s cred'a�siCSC tLe sams socutad by this <br /> � Secu�fty Yuwea�sat�� 1 . <br />-� 3.APpB�nit�.�►�7Qa�is. U���h�+gt��a8tu's+�sU��a ra�€�:Gy Le���'ss <br /> .N 1 a�Z��il'b��p�Saat.oo any psepaymeat chaeg�s dne pador 8ee Not�aeeand.to amo�nts payable undac p�eageayh 2: <br /> tt�f+d:t�a iataa�st sit�tou�h.w P�ac�d�aod ias�tu eny l�te ct►mBe�dus�d�e Nete. � <br /> 4 Char�;Lfsm Boaowa ai�aII pay all taxes.��.��'8t� Snes and impo�iions am�ibutablo to t6e Pruperty <br />'�� a6ich ma+�P�!►.av�r triis Soauity Insaummt,emfl leasehold payiaenta�g�ound rw1s.if any.B�owes shalt p�Y t�se <br /> � .a.,:.M.s�.,,.t�etu��m+rs n�vic9�c9 i�oe�b�.aot if aot paid in d�at m�mner.Bonower shaU pay t4em oti time d'uecfly U�the <br /> • �+ -...�..�.RS...,w...wwaqh if <br /> 3 <br /> �� <br /> °} �. � <br /> t <br /> ����Qg <br /> ,� <br /> � <br /> ; -_ <br /> � - <br /> �.- <br /> r� <br /> �.. <br />