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<br /> - - �.AIl o�tLe fv�egoiug�s refe�ted w ia tfis Sequity��t�the'F�apeztp.'
<br />-- �::��`'��`';'�` � BORROVIIFR.QOVFNANI'S that Bataa�+et is tawfalty seised of tt�e esta2e�e�eby canvey�ed aad�the rigt�t to grant and •
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<br /> ti ,:'E �:�' aonvey tLe Praperly aad that tite Pcopeity is�be�ed.e�ept far�aunhraaces of reoord. Boa+awer wairams anc�wU
<br />_ �F-�.__..�` defaid.g;�y the atls to the Fcape�ty aga�st aIl da�aoud demam3s.sub3ea to any ma�mbranaes of�oord.
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<br /> - a=�<�:;;X��- THIS SECURIlY iNSTRiJh+IF�f oomii�fs mnforiri oov�anu for�ari�al nse and nc�tmifoan oaveaartts with�
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<br /> Q_-. � L Paymffit d Pe�ip�al�l I�a+� Pt�ymeat ana Late c�arges.sorrowe�sha�l wnmptty pay whm du�the �_
<br /> �,� ': p�l of an���m rhe aetn ev;deucee uy the lvote aa�any pr�aym�t ana late chugcs aue�r me r�au. `
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<br /> - �"`� 2 Fonds f�Taacs snd�Subject.w apQlieable taw ar w a wmt��aiv�by Leadeg, �orrawer�It�r tn �~�
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<br /> :`.• - `°Y,�--°: Imder.�thedaY�Y?��e d�aad�the Note,nm�t6e Note is pazd'ai fa11,a svm('F�nAs'for:(a?Y�Y� -
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<br /> `.�r :�' 4I�ICafS 0111hC PIOpCt[j►.1f ailj!'s�Cj Y��/�d Of�I�I����y�Y 800�ffi�CC��Jm9.
<br /> .' S =,. if anY:(e)Y�Y��8e�P���Y:�t��3►�PaY���Y Boaower ta Ixdder.m acm�se vvit� .
<br /> .a a, , ;� _ �= t6e paavisi�s af�h 8,m liea of the Qayment of mnrtpge�ee p�s.7L�se i�ms aze c�tled'Fsczow Irems.' �:
<br />��,..�°.::,,:;:��;;� I�der may.ai aay ti�.ooltett and i�Fa4ds m an�an�not W arce�d the m�m amo�mt a teuder fos a�p E._,
<br /> -`�° ` `,.-.` ;,. telaied mostpge loaa map require fos B�m�'s e�ow acoo�t�the fed�at R�a]�s�e Seutzmwt Pc+o�Act of �.
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<br /> seq.{'ltESPA'�.untess annffier law tffit apptie4 tQ the Fimd4 �
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<br />. ;...:;..., <.., � s�s a tes�a�.If�.Iender�. at au�+ti�.eolIect ffi�4otd�mds m an amo�ai not to exeeed the tes�amb�t. _
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<br /> �',� �;�'� Tissaow Items s�s ottie�vise ia aeoordaaoe w�h applic�tte taw. . • F_
<br /> :` �r.`` ' �'`� T6e F� abatt lae h�td in��adm�e de�s are�Oy a fedeeal ag�.y. �itY, ��Y. �=
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<br /> , �.�t � used� I�de� m o�on with ttrts toan. �Iess applicabte lacv pmvides ott�cwiu. Unies�ao� is made ar
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<br /> ._L���, � 'Bmauwer ana Lend�m�yr a�ia svripng,riawea�.t�i�r sLan be pa�a oa 8le Puads.L�s6au g�►e m B�o�; - __
<br /> , ...,.n..., - wnf�oat�g�.�►mmuat aaooua�g of�F�.�g��st d�si�uf itte T�ds�t�e�far�rsck -
<br /> ° �;c� '�:.`.;`:`� -: deblt ta.8te Fuads ara.s mmde.'Flte Fauds arepte¢ged a4 ad�tiami sec�any for aII s�s�d 0y t�is Se�urin►,�eat. . _
<br /> `'Y'R�'f�<' ,;�.:�;:� : �. . If the Funds,hdd 6y I,eader exoeed the aQaa�mts p�to 6e held by app�Cable taw,Leader shaU aocatmt w Bontarwet
<br /> ;. :�.L.. . fo:the e�as Funds u�ac�nd�e c�itL�se ieq�of�ppinabte taar.jf tQe amauat af tLe�Fi�ds tretd by Leuder at a�r
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<br /> ' '` -. .�hdd iry Latder.I�,tmder para�xl,I.eader s6all acqaire or s�tUe Ptoperty,I�.yifa�to the�oi►ox s�e
<br /> c `:' ��' . of ifle Pmgerty.sbaU spply aay Fnmds held by`Leade�at�e dme af a�ar saIe aa a credtt agaiast the sams sec�re�by � �_
<br /> � - .� f�ds SECdtIry IIISt�t: � � .
<br /> ' „ °, 3.AgpH�ttoa of Pby��ts.Unt�appEicaDIe laer ptovides ot�ecwlse.atl paym�tt�tec�ved by Lenderuader�ar�hs.
<br /> �� . � 1 acd 2 sbaA be appiied�fnsc.w aay►P�paym�t�due auder die Notet seoan0.w ammmts DayaUle uuder pa�tapb 2: '
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<br /> -�:�,^_�--;�,. ' third,w inte�est dne:faw�,W prktcipaT da�aad 1asi.to aay tate cbarges dae ander�te Nate. �
<br />:-i��':�-.:� ` � a.e�suge��aea9.16o:eo�ir�snau pay au taxes.ass�tne�s.c5arges,ffi�s mia imposldops�ble w tLc�nopeny �
<br /> =- � ,�may attain grto�tg��1da�aF�aiW�.aad leasehnl8 puymeaqts or gm�r�s.J aag,Bonuwer,sba31 pay
<br /> __=;.�� these o�1l�tioas�n the.aiaau�r provcded�a pai�aph�.or�itaarpaW�n tErat manner.Borrawer s�a1t Day them oa t�ae dlrectlY .
<br /> :�a- _'�',� to Qte�ets�a c�veA p�►meat.8arrovvet aba�piompt�ji Pomisb w I�euder all nodcea of amonnta to 6e paW�er�is p�apa,ph.
<br />.,.-`-��";�'� " : . TYBormwer mages fluse paymeata.d�ect�Y.Boaowa sbatl p:omptiq R�nisb to Leader�wel�is evid�uCbg We payutente. �
<br /> ,� �,.�� .,.-Bormaaer sbaU pma�pttY dis�rge aaqr t�a�hicb h�prlorIty aver tLts SecArfty Iqs�o�eat mnLrss Borrawek:ta)a,�rees i�.
<br /> a�idng w�e payiR�t oi t6e abli�etiea secared 1ry tt�e Uen ia a m�wuer aceeptable to�cader;!b)ooatesta in good faitb tha'lieo
<br /> �s-�'!�`_��.'-'� .bY.or def�ds agai�t.�foroema�t of the lten�n, Zegal Dm000dia$s a5�b ta the Lendet•s o�idan opecate.w pRVea�tLe •
<br />-_-=-�'`—"�T , eafo�oemms of tmta 1ien:or(c)seca�a trom the holder of�t7te tien an a�t sattsfactory to I.eader snbordina�ting�e 1£en w�.
<br /> �s;,� -. . tbis S�oity tastcmment.tt Leadec determtnes tbat aay part of the Prapetty is sabjat w:a liaa abic�mmy.att�n yrtoruy ovet -:
<br /> ` `� •. tt�ia See�iry la�eat.l�adcr may g�ve Bormwes a aot�ce laentifying Q�e lier�.Botrawa saall.satiafy t6e]�eu or taYe oue o� . .
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