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,.;,. <br /> ... <br /> ��� ------ -- <br /> • ' d]_-"..�._:n.,_:....t�.nv.._ . ��{tli',V:S�.R..ae�:s:�- <br /> F _�.�.�_ . . <br /> t.�..�. <br /> �.. • . . . _--_-_ �_._�.. ""_-_._----_. <br /> vi�.�� • � ..r.,J----_.���.�-..__. ...,. .- <br /> ' BarowM� Mcrow account undw Ilt�Ndwd RMI E�ut�Su1tlMrnnt Pra�durrs Act of 1974 u�m�nci�d kom tYns to tYn�, ix U.B.C. <br /> 2E01 �t wq.('F�JlPA"),u�Mt��no1hK Mw th�t�pplW ta tl►�Funds Nts a btMr�mount. H!o. UnWr m�y,�t rny tlm�, ooMOt�nd <br /> hold Funds in�n�rnount nol W�MONd tM UtNr�mount. UncNr rrMy a�tMnea tM�mwne ol lundt dw�n tl�b�tM of curnnt dW <br /> �nd nuonWM MthrlN ol Np�ndkwN of lutun Eserow It�ns a oth�wko h�ord�ncw wlh applcabY Mw. <br /> TM Ru�d� ah�A b� Mid in �n h�tkutlon whON d�Po�lt� w Intund br � Ndutl ap�ncY� hstn�aMlY� or �ntpY (1'►cludlrW � <br /> LM�dilr. �L�r►dK k wOh 41 MsMution)or Y1�ny F�dM�I Hom�Lo�n �f►k. I.�ndK �h�M �ppN tM Funda to p�y tM E�crow IIMn�. ' <br /> UntNr rryy not ol►�rp�Sorrow�lor hoMhp�nd�ppykq tM Fund�, w+nwy�ys�np th�Mcrow aaount,a wrMyhp th�Esorow <br /> 11�, unl��I.�ndK p��n oor►ow�r Inl�t on dw Funds md�pploabw I�w p�mlb I.�ntNr lo n�u such w clwp�. How�r,Lrnd�r y <br /> mnY nQuY'�!larowa to p�y� on�tMn�Ch�rp�for�n indp�ntNnt nal NdiN Wc nporllnp �rvlc�ut�d by Und�r in Gonn�ctlon with F <br /> Ihk lo�n�unM�s�ppYC�bb yw providN othwwiN, Uni�ss�n�pn«nmt M m�d�a�pplbabk I�w nqufn� in1wM1 to b�paW,Lw�d�r <br /> thal nol b�r�quMW M pIq BorrowM�ny inM�t rx Mmhp�on IM Fund�. dwrowu ond Und�r may prw h wrkkq�hOww��Mwt <br /> InMnat thal b� pafd on tM Funds. I.�nd�r th�N plw to Borrow�r, wkhout chanp�, �n wival�ccount4p of th� Funds, thowhp <br /> cndks �nd tMblt�Eo IA�l�undt �nd tM pu:poM lor whkh Mch dWM to th�Funda wu m�. TM Funds w pNdp�d ss�ddklon�l <br /> MCUrity br�sums NCw�d br thl�B�CwRY In�frum�nt. <br /> H dN Fund�hWd br l�nd�r woNd tM�mounts p�rmNtW t�q� hNd by�ppNc�ibM iaw,Uredlr sf�l iocount to 8arowar fa th� <br /> �.yas Fund� In wcordr�a w4h iT� nquk«nrnb ol�pplc�bM qw. 11 t1N�rnOwU ol tl►�FunW h�ld by I.�ndK at any tkn� k nol <br /> wMICIMrt to D�y lh�E�aow IMrtM wMn du�,l.�nflK nny w notMy Bqrrov�N vrfltklp�md. h wCh CaN BortovAr th�paY to LMIdM <br /> ths rnp,nt n�o�w�!o nMk�uP th�dMcimcy.Baroww sh�ll m�la up th�diHWflnoY b no mon th�n IwNMR monthN P�Y�a,�t <br /> L�ndwa soi�tlircr�la+. <br /> 11pa�P�1mNnt h ful of�M wx�slCUhd bY thy B�nxRp In�ttrumrnt�LentMr�MN promply f�Munt� to BarowK�ny Fundt hNd by <br /> UndM'. M.undw p�pr�ph 21. tMtdlr tMi aoQuirr or N�tM P►eP�b�L�ndw�P�to t1M�CquMkbn o► aM of M1s Propwb��haM <br /> �PPN �ny Fund�f►Md!qr L�neMr�t tM IMn�of acquMllbn or Mls�e�cndt aqnM1�1 tM wm1 weund by thN S�cuAy In�trt�nMK. <br /> 3. Applicatbn of P�ym�n�. unrs..ppNeaa�yw aovrdn or�,«rwree,a1 p�ynw� ncMrrd by I.�ndK und�r pu�pnphs <br /> 1 �nd 2 tMA b��ppN�d: fint, to anY pr�ynwmt chnp�s dw und�r th� NoM: Mlcond,to �mounb p��nbM undrr pr�pnph x M►iM <br /> to Inl�ntt dw;lourth,lo pthc�al dus;�nd Mst,to �nr hb ch�rpN dw undK tM NoM. <br /> 4. Chrq�s; U�ns. sorrow.r shar p.y aN u�aa� as�mnnu� clwpa� ma .na h�poucia,� ama,aibM ro cn. Prop«ty <br /> whbh nry �thM1 prbrlty OvM thlt S�eu�y N1sWrtMnt. �nd NaNhold p�Y��ts Or 9round nnb�M anY. Borrow�r th� p�r tfMN <br /> obMp�tbn. in m.mnw,.r p►ova.d In pr.Onpn 2,o�r na p.�a In a,.t mKw�� eor►ow�r sn�l vr u�rn on tln,.dr.ccy to an pu.on <br /> ow�d P�rrtNnA Bortww► M1�promply hxnith to LM►d�r�M notfo�s of�nwunb W b�p�id untAr this DwO�Ph. k BotrowM m�kM <br /> �•ar���N�eonowK�r�a1 prompty�,mbN ro L«,d.►noNpe�wddMxr+o tM p�rnN+a, <br /> 8ortowM sM1 pfomply dMClwp�InY Mn whlCh h�s prlorltr ov�r thk 3�clxky N►t�!nxn�.t unlMt BorrowK:(a)apnM In wrMhp�o <br /> th�pirn�nt ol tht Oblp�tlOn Now�d by tlM iIn h �n1MNf�l�oo�pqpM to LMIdK; (b1 oo�M11ls M pood IaRh fh�NMt bY. or d�Nnd� <br /> �p�hst mlaanNnt of th�Mn In�NpN Proo�dYq�whloh In tM I.�nd�a opinfon op�nM to P�M tM rnta�c�M W IM Mr,a(o) <br /> uGxw irom a» iwiu�r oi i� G� �n pwwrwni siiiiii�i.-ivir w Lww'w Gifiruiw�ii:ry i:.� �i L:.�t� °:::.�"� '�'i.'LL'si`.�tl. !!L."!'!._." <br /> dM.r�,h.s n�n .ny p.�s a a,.�rop«n k waNee ro . r�n wn�ch �r .�n �o�.r� s�w�h r+sr,i�+�. �«,a.r nrr aw• <br /> BOROw�t�1101iC� idMll�yiflQ tlM Mfl. BOffOwN�IMM Md�fr NN MIn Of Wt�OM Of Mq�Ot Ih��4CNa1s IIt kAfl �bfNlr MIkh11 10� <br /> vi IfN pvirlQ vi�IWR7�. .. <br /> 6.Hwrd M PropMy InM�r�ne�, BarowK sh�r wep th� r�orwr�r�b no�' .�WY+O a h��w wraMd on Ih� <br /> Wopwb Ms�rMd p�lnst bu by fir�. h�ard� incY�d�d wMhln th�Mrtn'wcbnd�d cowrp�� nd anY atiNr hasrd�� Inolu�p Ibod�a <br /> Iloocw,p,tor,■+Aa� �a+dr. nquins Inwrw+a. rnR b.unr,o. �h�r e. nrrn.r+.d In n�. �mouna and lor a�. p.�lod. uw �..na�r <br /> I�,IYMi. 71M i1MN�f1C� C�IfIM Pf0V1�IQ !IM YIMMMIW lh�M br tlhON11 bY �0���10 LJI1d�1�IpfOVd Yrhbh illM f101 b� <br /> INMMf011�b1J 1p�11�M1d. K o01�OMAf�bD RIt�IMk1 COYM� �iCf�d �OV�� �MIdif f111��t!��� Oabll� ObMh O(7Y'M�10 <br /> proNct LMttllri�IpINt Yt 11N Fh'opwty N�000rdlno�wlth p�nproph 7. <br /> N hsurrwy pololls �nd rw�Mw�M th�A b��oo�pabw to LN�d�r�nd shar inCM►d��at�n!na�fpp� CIWM. Laid�r thM hM <br /> !h�ApM b hold tIN P�Na M�d�Is. M LM�d�r n4ulns. BwrowK slwM Prar�Mb pb�.b 4nd�r 1N no�la of P�P�� <br /> .nd rwuwd na�o.s. In tn..r«,e a �oss� !lonow...n.1 yb. pomoe nouo. a a,� hw.,r�o. c«rl�.rw L«�d.r.�.nd..�n.r mda <br /> proof of bu N nat m�d�panptb��+�'K• • <br /> UnMa I.�nd�r M►d 9ortow�r othMwls��prM h wr�dnp, huK�w P►ooMds shw b��ppNd to nstpMbe Or rp�Y of tM hopMlY <br /> drropod� N tM rNtoration a nqt It�conank�y Nubw and l.�ndws s�curily M not IMw►�d. M Ih� ratarYlon a np�lr It�wt <br /> �COnon�e�N INWM or L�ndwt s�curb would b� Nas�d� tM hwnnp proc� �Mil b� appNd b th� sumt Np�'�d by Mb <br /> 8�ourlty InsY�xrwi�whMfwr or not 1Mn dw. wkh �nr woNS A�Id W 8orrow�r. N BorrowK �don� lh� PropMty� w bM nOt <br /> ruw�r wllhh 30 d�ys a nollo� tan LsndK tlNt th� Imwrr�a o� ha o1Nnd to s�1IM u ci�lm�MNn I.�rtdw n�r ooMot tM <br /> ' YKUrYio� ProoMtls. I.sndM' m�r uM tM P��� ta �puk or hstwr !h� PropMty or lo pl� sunqt Mo�x�d bp thMt 8�ourky <br /> InabwnM+o wn.u,.r ar na a,.n du..nn 3Gd.r P�wr b.pr,wna,a,.noNo.It plwn. <br /> unNss�«,dK.nd BartowK a►�wi�.w�•� h �w.+�r�PP�an a proe«d�eo pi+clpY sIw�ac«aM,d a pospon�l aw <br /> dw du� of 4h�monthN W1�a rM�n+d ro h pr�pnphs � and 2 or clwq�th�Mna,rrit ot �P�rin�na. M wid�r p�rprrph 41 <br /> t+�.P►op.��r.c�ur.a�i..�d.r� earow.rs�c ro.ny�wr.nc.aoroMt�nd procNtls rMUklrq k+oet d�rn�p�to fM P�opwly PrkM <br /> to Nw �eqWaRbn fh�1 pus Eo L�►da to tM �ecMnt of tM wm� t�cund bY thM S�eu+ItY httruin�nt.Mr+�M�Mq Prbr w tM <br /> �cqukllbn. <br /> 6. Occup�ney� Pr�wrwtlon� M�tnten�nc� �nd Protrntlon ot 1M PropKt]r, �Ba'rowK'� L.o� <br /> A�lpllCtlfOf1: LlM�hOIdR Borro+wr �haM oocupy.at�bNah,�nd utf 1M PropKty as/orrowK's prino�al rMld�ia w#AM sld�r <br /> day�.�Bw tM�.cutlon of 1h1a S�curkr InsawrMn! �nd sh�1 oanHnw to ooeupy eM Propry rs lonow�'s prM�opN rMldra�ta�t <br /> Mue on� yw Mnr u+� dw ot ooaip�rop. unbs� L�nd�r ot►►Kwlw rOn�s In wrltYp. whbh eonwnt sh�N not b� wrwa�lY <br /> wlthhMd,or unM�s�E�wtM�O cYarn�prwK�t whlch an b�Yond BorrowK's oontrol. Barowrr�haA not drtOroY�drirp�a h'iP�M <br /> 1M f'�npwtY��bw th�PropMty to d�1Kbn�M. or oommlt watq on tM Propwty. �8orrow�r rMA W In d�lwt'k�ny IorNMin�otlon or <br /> Proo�dY►0,vrhMhM'CNN or or�n1+M�k bp��n tMt In UndK'�qood Nlth judpnNnt Could�uM h foA�1Wn of th�P�op�7 or ollfwwlN <br /> rrylKl�y Mp�t th� wn ciMMd by thb 3�CUrlty M�buirMnt or I.�ndM's s�curMy Mlr�tt, BonowK nr�y cu� wch � dMwM �nd <br /> nlnwtaM, u provld�d in pr�pnph 10,by cw�rip tn��otion or proc«ar►p to w aMnw�s�d wii��R ruip in.i. n iw�wr"s yv6d� <br /> d�Mrmin�tion� pncbdM IorNIWn of th� Borrowp's hIMMt in fM PropKty or othM►ryNrW ImWirt�11M of tM M1n C�MMd br IMt <br /> S�cuHty MsturrNnt a I.�ndws wcurky Inqnet, Barowrr �h�N ako b� b drMult M Bo.row�r. durinp Ih�b�n �pProMbe prooKt, <br /> p�w nrt�y Mls� a in�ocuna hMrrtwtion a afat�nN to L�nG�r (or MM�d to P►ovkN I.�nda wlh any m�MrW inbnnYbn) h <br /> Co�wcNon wkh th�lo�n avid�nc�d by tM Note,Includhp, but not Nmltsd !o,npns�nlatbm conarnlrp Barow�s ooa�pM�o�r of IM <br /> Wapwty as a P�4u ►«Id�nc�. M thls 3�CUrItY In�trunwnt b on � NcNholtl, earo� �r con�b w�cn .r a,. po�.� a w. <br /> MrN. M Sonow�t �cqukw N� tkM to th�PropKtY�tM MaNhold aitd tM N�tkM �h�N not rrs�0� unbas Ih� UndM�w� b tM <br /> ��h��' FM�NM MN <br /> P10M1M0(10/�ry Fq�t ol L <br /> �� <br />