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<br /> 7. Prattctlon oi L�ndK'� Rl�ht� in tM PropKty. N Bortow� MMs lo p.rrorm ch. cov«unn .�d .pr�na
<br /> eontaYNd h IhN 9�curky In�frum�nt,ar M�n M a Np�l procMdhp Ih�t may IIp�Nk�nty�Mxt l.�nd�s rqhb In tM PropNty�woh u
<br /> � P���O„�NPbri P��N�lor oond«nn�tlon or Io�NYw�or to K+krol1 Ww u rpuMtionl)� fMn L�ndM nyy dp 11nd P�y IM
<br /> wh�tww M n�cNwy to probct tl►�wlu� of IM PropKty�nd I.Mid��rlpMl in thw Prop�ty. Undw��ctfons m�y hclutN{Mylnp
<br /> �ny wms��cur�d by �Mn whbh hu priork�r ovK ihit 9ulurNy Inftrumint�1PPM�h�h o0ixf� WY�W rM1oMbN�tton»Y��MM�nd �
<br /> •ntahp on th�Prop�ty to m�k�np�frs. Akhouph l.�nd�rtMY f�k�ictbn undsr Mia pu�qnph 7,L�nd�r doM nol h�w lo do�o. �
<br /> My Mnqx1N dNburf�d by l.M�d�r undK Ihi1 pnrprlph 7 �h�N b�oonM addltWMl eNbt ol sor►nwu s�ound by MM �ouriry � .
<br /> M�trumM�t. UnNs� Bormw�r �nd UnWr �prN to OtMr Mrm� Of p�ym�M, th� wnount�t �IuN b�er IntMwlt kom tM dnM nl ':�'
<br /> d(sbunarwnt al th�Nof�r�k ind shaA b�p�y�bl�,wNh inE�rw1,upon notlw korn LM�du io BortowK nquntinp qynNnt. �, -
<br /> /. �AO�p� IQMIrAf1C�. M I.�nrMr nquM�d morp�p�Ntur� a1� oondklon of m�kl►0 ttw bm Naund by Ihk d�ourNy
<br /> MtbunMnR SortowM ahaN paY th� prMnkim� nquksd to nwklWn tM mOrtpp� Mwrano� M NNot, If. lor rty nuon, th�morq�p�
<br /> Inwr�r�w oownq nqulrad by I.�d�r Mp� a oMas to b�h NNot,Bonrow�r Iha1 pry th� prnniurrw nqulnd lo obN�N oowr�
<br /> •ub.antrM �auhMMnt to n» m«p�o.inwr.nc.prw�ou�y In.M�ror,�t� co�t sub�c.nn.My wu�wNnc to►r�.oo.t ro e«row.r of th�
<br /> mortp�p� bwnnc� prwlouty fn NNct, kom an �M�mat�mohpp� Inwn► �pp�owd by L�ndK. If sub�t�ntkMy puhnbnt maq�p�
<br /> In�uranc� cownp� k not �wN�bM, Borto�w�r th�N p�y to UndK �ach month i sum �qwl to on�-M�th of tM ywfy mafp�p�
<br /> hsuranc�pnmlum b�hp p�ld by Borrow�r wh�n th�In�uruic�cowrW�Mps�d or arsld to bo h Mhct Und�r wll�oC�pt, uM�nd
<br /> nt�h 1h�s� paym�nb u � b�s r��rw in Nw of mortp�p� Insuru�c�. Lou n�vr p�ym�nt� rr�y no la►pK b� nqut�d, �t tM
<br /> optbn of L�ntMr, N moAp�p� insuranc� covrny� (In th� �mount �nd for Ih� pKiod that L�ntMr r�quins) provkMd by �n Ntunr
<br /> approwd by Undw Ip�h b�cpmst �valybN �nd k obttin�d. Borrow�r thal pay th� pr�mlums rpukW to m�lnt�h rtarlp�p�
<br /> hsunnc� h NNct, a lo prpvide a b�s r�t�rw, untA th� nqukMrwnt lor morlyq� Insur�nc� ends fn �ccord�na wMh �ny wrNt�n
<br /> �pr��t b�twMn Borrow�r�nd L.�ndK or�ppMcabN k'rv.
<br /> 9. If1�pfCt1011. l.�tMr or Iti �prnt may m�k� rMSOn�bM �nM�s upon nd htp�ctlon� of tF»Propwty. I.�ntMr th�l piw
<br /> BorrowK natica�t tha tlm�of or prlor to�r+h4�.;tlon rE,�cMyinp rauan�bf�uurN lor IM insp�ctlan,
<br /> 10. CO11d�t11t11�tb11. TM pra�N ot rny �ward or ckYn Mr d�nrrp�, dY�ot w cons�r�u�ntil, In conr►�otlon wlth �ny
<br /> eond�nr►�tlon a othw Wcinp of�ny p�rt of th�Prop«ty� a for conwyu�c� h M�u ot cond�mn�tlon,�r�MrWy astqrNd�nd thaM b�
<br /> w�d to�.�nd�r.
<br /> In th� �nf of� tobU Mkhp ol tM Ptopsrty, th� procNds th��b� �ppli�d to thr sums t�cutid by thY 9�cur�r Inskwnmt,
<br /> whNMr a not th�n dw, wMh uiy azc�as pldtl to Barow�r. In th��wnt ol a pRlal Wcinp of tlu Proprty h whbh tM MM muk«
<br /> wlu� of th� Propwly hxn�dkNy hMon th� t�klnp k �qwl to a pn�tK than Ih� rnount of tM sum� s�ow�d bY fhM 8�curNy
<br /> InsVum�►t M1vn�dMllNy bMon ihe tukhp, uni�s= Bortow��nd L�ntl�r oth�nrb�prw h wrkY'q, lh� sumt s�currd by dtM 3�xKy
<br /> Inatnimmt shaA b� nduc�d by the �mount of th� prxMds muklpM�d by ths bbwlrp ir�etfon: (�) tM total �mount of fM wn�
<br /> NCUred Ym»di�t�y bNon tM takiny, dNid�d bY (b)ih• ar m�,►�•�v.w. of lhA PropMty NtrrMtll�tNy bMoh tM akhp. MY bN1no�
<br /> sAaN b� p�fd to Borrow�r. In tM �nt of a partM�l taklnp of th� Prqputy h whkh thr hk rtwuk�t valw of tM Prop�rtp M�rn�dkMly
<br /> bMor�tFN takkp Mt Nss th�n tM artiount of tha euna s�eurrW YtxrwdyMy b�fexl tM Wcinp, unNt� 6ortow�r�nd L�r►d�r WMrwM�
<br /> �grM M wrMba d unhsa �oolcabb Yw oth�rwls� nrevYi�, Ih� nree�rlw�la�l hw �enIMA �n Ihw ai�ma �urd Ay M�la i4�KRy
<br /> InilrUlflMlt wMlM1'Of f10t dM sultli w MNfl dW.
<br /> If Ih�PropMtr M M�ndaMd by HortowK,Ot k,dMr notk�by LM�d1r to BOSroww thtt tM OOndrrnnor OfNn Eo nldt��r1�wMd oI
<br /> ��cWm 1or d�rt�� 9wroww M�to�apond to L.�nd�r withh 30 d�y�aMr tM daM th�notlo�M pM�n� UndK N �elhatsd
<br /> to colect�nd�ppy tM prooMd�, u Ib opdon,akMr to natontlon or npaY ot th�Prop�ip or to tl� wms �rd by�hN 9�our� �
<br /> Mstnirt�nf,wMt1�a not tMn dw.
<br /> Unhs� l.�ndw�nd Bortow�r othrwlN prw in wrkinp, any�pp�caUon ol Proo�U to prk�afpN sh�l not rd�nd a palpo�M tlM
<br /> dW d�M Of IM n10i1lhly p�YmMNs tMMnd to M p�n�prlipht 1 �nd 2 or oh�nq tM Ynount Of wCh p�yrnnb.
<br /> 11. BarrowK Hot RN�aNd: Forb��ranc� By L�nd�r Not� WMvu. �«,•ion a �n. dn» ior p�� a
<br /> mownca�an a.n�o�u�.�an a nk wme s.c��w by ihr s.au��,swn�ne �re.a by u�d.r eo.ny s�s«r, r,wru a saroww
<br /> ah�A not op�nM lo rNMS�d� N�bMly of!h�orlph�J Bortovwr a Borrowwl suoaason In htwtG L�nd�r�har not b�rpi�d b
<br /> con�r�d prooNdlrq� p�ln�t�ny woa�for M int�ntt or n1uN to aMnd NTS�br pynNnt a olh�rwlw nwdry rno�tWlon of th�
<br /> wm� Novrd br thM 9�aurky Mstrue»nt by n�son of mY d�rtw�d n�d�bY� �� �� a Bort�w�fs wooM�as h
<br /> hMr�sf. My lorbwrr�a by I.�ndw b�rckNp�ny rlpht a nrn�d�r�MN not b��wW�r af a P�IucN 1h�w�oNs W Mryr rpit a
<br /> nm�dy.
<br /> tZ. Succ�on�nd AMi�n� 8ountl; Joint�nd Sev�nl LUbINty: Co-�na�. n�. oovuw,a �rw
<br /> .pn�►t� a Ih� B.GUity In�r,xnMK sn.11,�btnd r,d e� a�. wowason a�a aaqns a t.�,e.r na earow.r. wbNot ro en.
<br /> prnvkbns of prapnph 17. Barovwr�ao�wnb and�prwn�nb shaM b�Joht and s�rwaL Mr Barowr who awqn�th�i 8�axly
<br /> �nsen�wnt but do�s na wa�cuM tM No1e: (�) is co-sqnhp thN S�aKity kssh�re��t ony to mo�tqp�, pnnt, �nd oor�r tlwt
<br /> Basow�r's InMhst In tM Prop�rty und�r fM I�ma of Mls S�curNy In���(b)M nAt p�nonaM�obMp�Md!o p�Y tM wnK warnd
<br /> by MN 3�ourky Inslnxrwnt; �nd (c) �pr� thal Und�r �nd any otMr Borrower niay prw to �Nnd,nadM�r, iabw a rtiMa�
<br /> �ocomnw�tiont wkh npud to brmf of thk Srcurky Inttrunw�nt or tM Not� w�hcwl that Barow�r'�conMnt.
<br /> 19. LWfI CfIKq�R M tM lo�n wcund by this S�csirkp Inshun�ni k wbJ�ct to �law which�ts nrxMum b�n ChrpM,
<br /> �nd tfi�t Mw k fM�y InMrtixM�d so that tl►� inans! a ah�r b�r► clwpM eo11�Nd a lo W col�cMd h conMClton wMh tM loan
<br /> aocwd tM P�Md Mnita. th�ni (�)�nY such lo�n clwpa sh�N b� nduo�d by Ih� �mount n�,wMrY Po nd+w 1M a►w�b tM
<br /> pMmllMd Art��r1d(b)�r1y wm��k�edy CoMCMd kom Bdrow�r whieh �pMrtlklW Nmils wM b�rNund�d to OortOw�r. l�ntllr
<br /> rrwr chao� !o nNk� thk rMxid by nduclrp th� pnc�tpd ow�d undK th�Nob or by m�kMp�dk+�.k P�Ymmt to Barow�r. k�
<br /> Mund nt1�aM prk�olpN,IM r�duction wNl M trwNd u a p�rtW prrpaynunt wkhaul�nr On�P�)mMnt ohrpl undrr�M NoM.
<br /> 14. Notic�a. My notia to 9arow�r provid�d 1w h thM S�curRr InNn+rrwK shd b phhn by d�wrq�or ioy�r�q R �
<br /> IYif C�{{ IIMI IIf11Mf �ppNC�bN I�W I�QYtM YN Of�1101hM flNlhOd. Th�IW�I01 ihAl a d11rCMd t0 NM PfO�Ry Af1�M� Of Ofly
<br /> oth�r�ddnss BarowK dMqn�Ns by nollo� lo Und�r. My notle�to L�ndtt shl M OMn by Ilrtt Clw� ee�1 to l.�ndM� �dtMNt
<br /> stabd hw�ln a�ny oth�r�ddnss I.�nd�r d�sipnaba by notk»to Borrow�r. My notiw provld�d lor in qd� S�c+xk)r M�hs�rt�M slwl
<br /> b�dwrn�d to haw bNn pAr�n to Barow�r or LencNr wh�n plwn as provkf�d N thM panpraph.
<br /> 16. Qov�rntn� l.�w; SeVl1'�blllty. Thk S�CUrNy In�purtNnt sMl b pOnrrNd br NdM� iaw �nd tM hw of tM
<br /> �urkdiclia� in wh�Ch M+�PropKtY is bcaad. M tM wmt th�t mY P�bn a cM�uN of thw S�c.rxMY Inwiwr�k a tM NoM oonl�oh
<br /> wkh �pplfeabM law, such confMCt sh�A not�M�ct oth�r provMbni of fhM SKw�ly Insfrwr�nt o�tM NoM whbh Gri W pM�n MNct
<br /> wkhout ttN ConflCtYq provMbn. To thw�nd tM RrovMft►n�of thk S�CUrlty Mltlruumnt and tM NoM� d�Cl�nd to b�uwnbM.
<br /> 1d. BOIYOwK'�COpy. Bamowu�haM bs pMn an�cailomNd copr of IM NoM�i ol lhlt S�ourRy Instn�nt.
<br /> 17. Tran�of tM PropKiy or • B�n�McIN IntKNt In BOf�ONIlr. N 11N a «�r v� a a+. �oQ«� �X.�'qr
<br /> InNrwt h k M told a InntNrt�d (or N�b��MicM►1 MtKw! b 8artowK Is �old a IrwntNind �nd do�rowK M nol a n�urrl p�nan)
<br /> wkhout L,�ndM'� P�wrkMn ConsMM�Und1r trwy��t la uption�roqulr�Ynrrwd�lr P�Y�t h IuN ol�M Nuns NOUnd bY thM 8�ourb
<br /> Inslrwmnf. How�wr,fhk opllon sMl not b�w�cM�d br L�ndK If wrclw M prohbiMd by Ndwu rw a of th�d�M of thk�curUp
<br /> k�stnwrNn�
<br /> M L�nd�r�MM thM optbn. L�nd�r th�A pM� Bortow�r notlC� d aCpl�tlon. TM notb��h�M provid��p�rk+d of not 1�
<br /> th�n 30 drys kom th� d�M tM notfa k dMv��d or rrMNd wkhln whkh tM 6anovwr mint Wy�M sirn� Nound b�r Ihi� �Owly
<br /> Insawn�nf. M Barow�r Mlb to p�y tha�eums prtor to tM wphtbn ol this p�riod,L�nd�r nry Hvok� �n�nn»dMr p�rt��Md by thM
<br /> S�cwNy ktsMumM►t wNhout IuAhK notfc�or d�nynd on Borcow+r. Far■s�M WM
<br /> Ft0l�.LMO(f0/�7) �N��el•
<br /> �MI
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