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T�F� ... ... . '�.�.�..-,......_. - _� <br /> � ,-+M•R.••r.ri�Y►�, eN�:nAh�;i.-.,. .._ . .'i . . .� .._,i�:.wnvY�`,_'�.::_r,��:._•"' <br /> � 1 ' 'v'�• ' '__'_'_. . _...... <br /> ....._�.�'.,.,� <br />.'� ��n�. -__- --_' -_ `__ ' <br /> ' Borrow���orow�000unt undu th� bdKu FMa1 E�tat�SNtNirtNnt Pme�duns Ibt of 1474 as�rtwnd�d from thw to tim�, 12 U.B.C. <br /> 2gp1 K aq.('F�SPA"),unlNe �no1hK I�w that�pP�to tho Funds s�����unt. If�o,LmdK may�at anY ilm�.ooN�ot md — <br /> hoid Fundf b�n ueount not to�oocNd th�IKta�unounl. Lsnd�r rtKY�tYn�t�lh��mount of tunds dw on th�besM of cumnt d�ta — <br /> �nd rw�on�bb ntimaus ot�xp�ndkunf of lutun F.�crow Ibms or oth�wis�In acaord�na�wkh�ppibabN kw. <br /> Th� Funds thRN b� hNd h on h�tkutlon whoM d�posRs �n hsund by n (�ai �Q�noY� hstrum�ntalkY� or entky (hcludinp (� <br /> L�nd�r, Y L�ndK k suoh m hsUlutlon)or h �ny FbKal Hom�Lan Bsnk• Lmd�►ahall appy th�Funds to pay th�Esi�E�W 1 <br /> L�nd�t may not ohupt BOROw�t tor h0ldMtq and uppNlnp th� Fund�,mnuty anay:hp lh��sorow acoount�c►wrMyM►p <br /> It�m��unNss l.�ndK P�Y� Borrow�r Mbnst on tM Funds md appNaabN kw pKmk�L�r►dK to m�1a suoh a ohup�. HowwK.�dK~ <br /> m�y nquin Bortow�►to paY a on�tM►w ohvW fa�n Ind�md�nt n�l ntat�tax nrPa►4W sNVic�uad by L.�nd�M conn�otion wAh..{ <br /> tht�loan,unlese npplM�bb�W provMN oth�wM�. UnNs�an apn�rn�nt Is m�d�or�ppMaabN Mw nquYa htKMt to b�p�b� ��,� <br /> sh�N not W nqulnd to p�y BortowK�ny IntKat or Mrnhps on th�Funds. Bortow�r�nd L�ndK m�y�pn���wrkinp�powavar�that�. �_- <br /> InUnst iheN b� pafd on th� funds. I.�nd�r �haN piw to Bortow�r, wkhout oMup�, an annua� �cou�th0 of th� Fun�`s�hN�I <br /> CndRt Iuid d�bN�ta th� Funds�nd tM purpoa for whbh Moh dWR to tM Fundi was tn�fN. TIM Funds Iu�pMdO�d <br /> uourRy for aN tumt e�aund by thb&ourNy Instrumeril. <br /> If tha Fund�h�W by I.�ndK�oacMd th�M�ounb�wmKt�d to b�hNd bY�PP�M kw.Lond�r shaN�coount to BarowK/or tt� <br /> �xo�ae Funds h �caadana� wMh th�nqu�w►wnts cf iWP��N kw. If th�amwnt of th� Funds Mid by Und�r at�ny tYn� M not <br /> suMbhnt to pay th� E�arow Ibnn wtNn dw,I.mdK maY sc notNv Barow�r In wrkt'W��nd�in tuoh os�Borrowar�htM PaY to UndK <br /> th�unount n�wy to mtic�up th�dMbMnoy.BorrowK shaN mak�up th� dMbMnoy h no mon tlwi tvwMr�rtanthN Wl���at <br /> L�nOw�soM dbontion. <br /> Upon paym�►t In IuN ot Rp wms�aund by thk S�curMy In�humw►t,Lmd�►sheN prompty rNund to BarowY��ny Fund+ hNd bY <br /> Und�r. If, und�r PanpraPh 21�I.�nd�r shaN aaqub or�NI th�PropKty.UndK�P�to th��aQuRltfon or aM ot th�PropKty.thaN <br /> appy�ny Funds hNd by I.mdK tt th�tim�of�oqut�kian or saM as�andk apahst th�wms�ourod by 1hM 8�curlty�^shun�^G <br /> �.Applic�Uon af Paymenta Unbss appMWlbN Mw provld�t othMwls�,tN paY�u��6y L�fIdM und�►pY�p►1W�h�s <br /> t md 2 shaM b�appN�d:tirst,to�ny pnpaYmK►t oharp�s du�und�r th�Notr=�oond,to amounn paY�bN und�r p�npnp <br /> to ht�t dwt Tourth,to prhoipd dur,and itst,to�ny IW oh�rq�s dw und�r ih�Not�. <br /> 4. Chu�es; Lien�. Borrow�r shaN PaY �M �, a�asm�nts, ohat�s, fln�s and Imposkbm �ttrbut�bM to �M PropKtY <br />- whbh maY attah prbrity ovM lhis S�ouritY �h 2,�M,not paf�d h tlut m�mtK,Bortow�rusha p Y'th�m on Im�dlnoty to th�ypKSOn <br />- obNpatbns h th�irwm�r provld�d h ptnprap <br /> cw�d ptym�nG Bortov�rK shaN prompty fumkh to Und�r aM noticN of �rnounK to b� pald undK thR p�npnWh. If Bo►rowK m�lc�s <br /> th�ns paYm�nts dinoty� Barov�shd promPMY tumkh to L�nda roapb wldmoinp th�paYmmts• h vrrkMp ta <br /> BoROw�t shaM promptN dkchary�any MMi whbh hu prbtllY owr thk C�CUtlly In=t►umM�t unlMt BOrtOwM:(a)�prM <br /> tfi�WYmmt of th� obNpttfon Ncund by tM IMn in a mmn�r aCC�PUbM to I.�nd�r;(b)oonb�ta In pood hkh th�Na�by�or d�Mnd� <br /> �hst�nforc�ment of 1tN iMn b�Npd P��tW�whbb h th�L�ndM's ePinlon op�ab to p�ww►t th�mlac�mnt of tM Nmp o►(o) <br /> ;.,,~ur�lrasn!!�hfll��t�t�!wm an agnan�r►t utbhata'Y to I.�nd�r wbordln�thp 1h� Mm to Mls SecwkY <br /> In=trwr�G M LM�da <br /> dM�min� thtt�ny P�of tM Pro�rty 1� wbj�ot to � Nm whlch maY atlah prbrky owr thN S�curltY Insaummi� i.�now�i�Y� <br /> Borrow�r�not��Idmtlylnp th�Nm. BorrorrK�haN atkty th�M�n a t�on�or mon of th��otlons sK torth �bow wkhh 10 days <br /> ot th�plvinp of notta. <br /> 6. H�d or Property Insuranes. BarowK shaM kNp tM Ynpro+iw�Mnt� now �oa�ttw or n�r..� �nc�d a" en� <br /> PfOpMty Inwnd�Init bts by tlrr.h�ard�In0lud�d wrkltiln tM tMm"�o�Elnd�d Cowrap�"and uly ollMr h�ard��fn0ludin0 Aood� Ot <br /> fbodbG� lot whbh I.�ntMr nquY� Inwt�nc�. ThM Inwnnc� shaA b� m�Y�utNd h tM �rnounb �nd 1ot 1M P�IoM th�t Und�r <br /> nqulr�. Th� hwnna o�rrMr provldkp tM hsurana�haN b�ohoNn by Barow�r wbl�� Lmd���PP��whbh sh�N not b� <br /> unnatonaby wkhhNd. M BortowK NNs to rtwMtah ao+�w� d�crb�d �bow.Lmd�r nxy� �t Unders option�obfaln oownp�to <br /> probat Und�s dphri fn th�PropMty h accord�nc�wkh p�apnph 7. <br /> A1 Insu�po1bM��nd nn�w�M shaN b�acc�pNbM to I.�nd�r and shaN holud�a ttand�rd morlp�{�olww. UndK sh�N haw <br /> th� rqht to h01d tM poNOi�s md nrnwrk• R I.N►d�r nquM+K� garo�►shtN PfO�P�Y 0�to L�ndK aM ncNpls ol p�ld P►�M+� <br /> •nd nn�wal noticn. In th�wmt of bss, Borrow�r �haA plw prompt notica to th� Inwnno� c�mMr�nd L�ndN'•Und�r may�+ <br /> ptoof of bss R not mad�promptb bY Borrow�r• <br /> UnlKS Und�r md 9orrowK oth�wk��0►M In wrkMW�k►wr�na pro�Md�sMM b��ppM�d to nttontbn or npaM of tM Propwt�► <br /> d�m�q�d, M tM rataatlon or nPal►K �aonomlcab 1MSbN and l�nd�� s�cu►RY M not M��d. N th�nttontbn a nP�'�not <br /> �conanbaly hubq or Lsnd�s s�curltY would b� In:�d.th� Mtunnc� proc»ds �h�1 be �ppM�d to tM tuna s�cund by Mk <br /> S�ourky InsWmmt, wh�thK a not th�► dw, wkh any �oxa�s p�W to BorrowM. It BarowK�b�ndons th� Prop�tY� a do� not <br /> mswrr wkhln 30 d�ys a notla Nom t�ndK that th� hwranc� c�Ur hu ofhnd to s�tM � ol�Yn� tlwn L�ndK m�Y co�ot t� <br /> Mtunnc� P��s. Unda maY us� th� procMds to nWM a r�ston th� Prop�ly or to P�Y sums s�aund by Mls S�ourRfr <br /> - Instrum�nt,wMthK a not th�n du�.7M 3Pday Deriod wW bph wMn th�nolla N pM�n. <br /> ° UnNts Und�r�nd Barow�r othtrwlt��h wrkMW��nY �DD�tlon of proc»ds to prM�opal�haN not�od�nd or postpon�th� <br /> dua d�t�of th�monthy payrt�►ts Mwr�d to b p�uapaphs 1 �nd 2 a aMu►p�fh��nwunt of th� p�ymmb. M undK p�r'�paPh 21 <br /> - th�Propwty M aaqulr�d by I.md�r.Barow�t dpht to any hsw�na PobMs md prooMds nwMMp from d�rt�W to t1N Prop�ty P� <br /> ,� to th� �cqulekbn �haN pase to Undor to th� �ct�nt of tM sums aeund by thM S�eurky InsaurtMnt YrtrtNdrtNy D� to !A� <br /> ;� �C4�kkbn. BO�fOWK'� LO/11 <br />_..� 8. Occup�ncy� Pre�ervetlon� M�Intenanee and ProtecUon of ths PropN'tf►i I��w�� s� <br /> ApplleeUon; Leasehold�. earowa�h.r occupy, atabYah,�nd ua th� Prop�Ay as eorrow�rs prr�cp. <br /> days att�r th��acutton of thk S�aurky Instrummt and �haN conttiw to oacupy th� Prop�ty as Borroww�prY�olpd nMld�na tor�� <br /> Mast ont y�u attK 1h� d�u of oocupmoy, uni�ss LendK otMrwls� �proa fn w�tYW. Whbh aons�nt th�N not b� unnaton�bb <br /> wkhh�kl,ot wl�se pdmwtYW oircumst�ncK�ockt whbh w b�yond Bortowwa aontrol Barovwr sh�ll not dKtroy,d�nw�p�o��WM <br /> th�PropKty,�Mow th�Propat�r to d�brionb�or oommk wab on th�Prop�ty. BoaowrK fhaN b� In d�huk R my IwMkutr�otlo�a <br />- prpeMdNp,wh�thK aMfl or crlminal,k b�Wn that h L�nd�s qood hRh JudprtNnt oould nsuk (n torNltun ot ths Prop�rty or othMwlM <br /> matorkNy knpaM th� INn crwbd by thk S�aurky Inttruma�►t or Und�r's a�cutky k►t�nat. Borcow�r maY aun suah � drhiuk md <br />- _ _�....,..,�..,�w.�,. n.d�am�s.d wNh a NYno that,In Lmd�s pood lakh <br />- fih{�lt�� as provfow n pu�prapn io�or oGiisiry a:v�u......� r •� ' -- - - <br />- dst�rtnnatbn, prsaludes foMkun of th� BarrowK's Nt�t In th� Prop�ty or othK rr�twkl YnpaYm�nt of tM Mm cnabd by thf� <br /> Seaurky UsWmant or Lend�s s�cu►i1y ht�nst. BorrowK shaM ibo b� ln d�t�uk M Borrow�r, durhp th� btn appNOatlon procK�� <br /> paw mat�rl�Ny falte or h�count� bfomxtbn or st�t�r�►ts ta LendK(or fatMd to prOV1d� I.M�d�r wRh ��Y rt�t�� htorm�tbn) h <br /> conneotbn wkh th� btn evldencod by th�Noi�,InoUdMp, but not Nmk�d to,npnsontttbnt aoncKnlnQ k�+�:p��f of th <br /> Property a�+ a prkapa�ns�d�nc�. R th�s S�eurNy Imtrumw�t b on � Mas�hold,Borrow�t ehaN oompy <br /> IOaa�. I} Borrowsr aaqutr�s f» tNN to th�PropKty,th� Maf�hold�nd th�N�tkM thaM not mKp�unNss th� L�nd�r�Or�to th� <br /> m�tp�r In wrkhp. For�n eot�t!� <br /> �,oza�MO�,oro�t rw•a oi a <br /> _�� <br /> '�� <br /> t <br /> 602 <br />