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. --�,��.-- � ��v�+wMrrt-n+-h.y . ... wr.vi-�W++t�.� .. �I i' . , . . , i� .., . . .. -' ..z:5... .__ . _. _. _ -. _—': . � 98- 1�.0140 �. 8orrower �h�ll not commit w�ste or daqroy,�amye or�ubruntlally ch�n�e the Proparty or dbw We P�op�tY w detetbrste. re�on�ble rvar�ad tar axapt�d, L„ender rtvy ImpecK the ProptKy if tbe Property i�wc�at a �b�odon�d or tlre Iwn ia la defwlt. La�drr mry t�k� rp�on�ble Nctbn w prdect �ad praerve � vac�at or �biwdoned P�opa�ty. Notrower �btll dio br In dehull it Bormwtr�durin{the Iwd �ppNcatbn pmoe��,Pva�ruMerl�lly tvie or imccurate Wormnloa or wtaanent� w Leader (or t�Uad to provlde l.ender wlth wy m�teri�l iafornr�tiou) in oo�aecxioo with t6e lan evidenced bytlie Note,includlry�but aot Ilmited w�rof►nyau�tiau ooncert►it� Borrowec'� occupaacY of thc Property��prlaclpal ruldoncu, If thk Sewrity Gutrunwnt io an a lea�rhold. Borruwer �ll�mply �vit6 tbe p+ov�bot of tbe lere. !t Borrower aoquire� tae titk a ihe Prnperty, tbe le�ehola �od ta titk dull aot be n��ed u111ea I.eadet II=ce01 to U1G mef�et in wrililt�. 6. G�o�i�tiae. 7be proc�eed� of�ny awvd or cl�im for dam��, dlrect or con�equenti�l, in ooanoctlon with �oy 000deaoo�tioa or otba tatin�of�oy p�ut o[tbe Proparty, o�for coavey�ooe ln plaoe of oondenuu�tbn, ue bereby �ijoed and�h�ll be paid to Leader w the extent of the iWl�nwuat of tbe iudebtodaa� t6u raruini uap�W uqdec the Nae aod tW�Saurity lnstnu»eat. La�der :hall apply wch proceeda to th.: reductloa of the indebtedaeu uader t"tie Note �md tWi Savdty Inaninwst, fint w any ddinqu�nt amounb applied in We order provided in peqnpb 3, md thw w p�qxymeac of priaclp;l. My�ppliatloa of tde pr0000d� to the priacipal �hall na exteod a po�tpooe the due date of tbe tnonthly p�ymwt�, whlcb are referred to ia p�r�r�ph 2,or ctt�a=c the anount of ach paymeaq. Any exa�prooeeds over am m�uat roquirod to pay all ouuuadina indebtednaa under U►e Note aad thi� Secudty lwttumeot �hall be pdd to the aulty leplly eadtled thereto. 7. CYe�es b Ba�wer�d tra�ec�io� ot I,e■dec'��yW is tbe Propeety. Horrower ib�ll p�y ail aoveramea�al or m�micipd cbar�a�fina aud impodtioos that ue aot included in parqraph 2. Bormwa thall p�y thae obliption an tlme diraxty w the eotity w6kb i�o�vad tbe prymeat. If tailu� to gay would advesdy �tfect I.eade�'s i�emit in tbe ProQaty� upon l.eodet�a �'e4uat Borro�er �ll pmmptly llu�ith to I.ader rexiptt tvideacin� theae paymeau. If Baro�ar fdls w mdoe thae p�ymeott or the P�Y� �� bY P�P�► 2.a t�W W pafacm�ny otba ooveaamt aod yradnmtt 000tained in thL Seciidty Inununea� or ttxne u a kjal P�oL � �Y�k+�y affax LRader't rl�Wt ia tbe Pmparty (ach as a prooeedin� in bwkiuptcy, for 000danu�tkn a w eafaoe lt�n a �ul�tbor). then i.eader may M md pay Mh�teva L neceswy to protecc;t the v�lue of tbe Propaty md Lcader'�►i�6ts in�he rncpeny. mcludlns parmmt ar wca.haw+a inaumoe aoa ot6a lum. maouooea m p�uqr.pe 2. My a�aAUna di�Ewsed by l.eoder umer thtr p�rqr�ph slWl became m additiood debt of Bat�r �od be �xvred by d�Sewrlty I�aot. T�e�e amouou �ll bear interest from d�e date of dLbunamit �t tbe Nate rate. �od �t We opdon of L,eader �U be inmadirtdy due aod payabk. ��`�+P�Y � �i'liea�hic�iu�prioriry.:ova tpis Jecurlty Wttnmoe�t unkt� Ha�owror: (y ��+ea ia w�itit�to t6e pqmeat of�e obUpttan wcured by the�l;an in a uvmoer aooept�bio �o I,eader. (p) ooaotrp iu�ood tddt tbs Ilea by.�r defend� apin�t eafa�camax of the lka in.lepl ProoeedieP whicl�.ia•the I.eod�c'�ophio� ' opa�le w pe�eot tbe mfo�m�ent of tbe llaa: a (c) �e�vra trom t6e holder of tbe liea �u"apameat atishetoq' w La�der abo�db�tio� tbe lka w thL Secudty Imuumaot. If L,eader dcta�a�ina thu any patt of t6e P�ope�ty 4 � wbj�a ta�I�an w�him m�r auain pcbrity ova tbi�seauity t�trtnmeat� I.ada may�ive sormwnY a mtloe taeotityiaq�� ,�.,�, the llaa. Bono�iwx sh81 Wtisfy the lien or Wae one or more of t4e�ctioot iet forth �bove w1tWn 10 dqt of the tivieR'�.,.�.. ot notia. �;' . '..,, . � i. Eiets. Lander mq odlect Lees�od charja autboritrd by the Secretary, ;= �..,9. (i�o�dr for Aood�ewtiaa d De�t . . . � (� D�di. L.emder may.exoept � 1Ldted by ne�Watioat i�a�ed by tbe Sax+avy ia the ca�e d(paymeat ,:. ..� �• �N� �� PrY� ia foU of W�,spc�Fed ap t� Sea�rkY mMtanleec if: � .:+ • � (i�' �art+�wrer det�uln bY f+u�int�P�Y La full�ny naomthlY W7m�t �squiced b3'►��Y � �� .. pdi�o[ w or.oo#he due d�te of tbe naa nwotWY P��. a '; • (i�) Bori+a�►cr.:�¢d�ulv bY tailLo j.for a period of thicty days,to pafarm �ny utba oblipdotr 000qioed ' : ia thi� St�curiiy Iaitn�eat. . .1 . � (r� 9�1e�I11ro■t CYedit Appeuvd- Lreodet ��Wl�If Peemivad bY�PP�k+� �'(�� ieotion 341(� of .,:.�; tbe Girn-St. Ge:mda Depaitory imtitutioin:Act of 1982,12 U.s.C.170tj-3(�)�ud�►ith t�e ptior ipproval . ' ' '� ot t�e Sec+�tary. iequiie jmmediMe P�y�aeat in iWU ot all wm� �ec.wed by� Seauity h�romeat it: ,' (i) All a pat ot the Propaty.or a DarrticLl lukre�t ia a tnut o�niaj all or p�et of�6e Prop�ait�, i��oY '� cx athawla tamf�szed (otba t6an by�lorl�e a daa�nt). �nd : ' . (ii) The P�opaty is not oacupbd by Wa p�ue6aeer a�r�ee a�Ws a ber p�iNCipr tetideaoe. or Ibe ` ..''� . - �Purc�r a t�a�tee dn� �o ooc��p;v the Fmperty� but hi� ac ber crodit ba uot beea appe�aved iu �' aoo�o�d�ooe wdth tbe requie�emeata o[tbe Secrdary. • . (c) No w►�irar. If dt�a�artaoas oowr t6�t �vauW paratit l�eackr to requiro immedi�te pqmeat is iWl.but [.e�dcr.doa aot requi�e wch Wym�ts. I.eader doa not �vaive its ri�ht� �vith r�pact to�ub�equeat ereatt. (4 � d'Hl1D 9eaiah�7. 1a cumy cirWm�ooes �ul�tiooe it�ued by die Sect+aacp �vill l�mit • l,a�dec's ti�iw.in We c�e of paymeat defadu�w reqnire immedi�oe p�pmea ia fWl�od Ib�eclae if oot p�W. ThL 5ocurfty Iasccument doa not a�utborixe �oodaado�� or faedoare lf not�nntuad by repl�tlo� of We Sea�d�ry• (e) Y�o�yye Not Ywei Bormaer qtees dut itf6it Sec�uiry larhumeat �od tbe IVote m aot de�otm►oed to be disibk for inau�ooe nnder t6e Natioo� i�a�do= Act withia 50 DAYS fmm We d�te ba�of� I,eader aay.�t iu aptioa �quire immediue paymeat in fWl of all am��ecu�ed by thb Seq�riry In�trnmeot. A w�ritoea �tatem�t of�ny�utho�iaed q�ot of the SaYehcy d�ted ab�e�quent W .. vv iu+ia iri�wa aa� owaoi. uodi�as io aauie mis 3oWR�] i�sA[ �mE 1'IOrC, �OW b! dcemed coocluave pc+cwf of wch iadi�lbilky. Notwlt�taodios tbe far�oi�.this optiou mry oot be e�neired by I�e�rfer Mben t6e ua�vWabUity of L�aunoe u�okly due to L�adec'� tailure to n�nit a moct�e L�ur�ooe Pnemiva► to tbe Soa+et�ry. isA�A-l�B1► ne4�CF 71tt�1r or+�.�w.�+.�e•Moo�«a�xi P�e 3 of 6