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201600181
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Last modified
7/21/2017 2:45:18 PM
Creation date
1/13/2016 9:37:15 AM
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201600181
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2� 1 ��� 181 <br /> , <br /> L <br /> /] ,} !' ! 1 7 1 �S '1 � � f ! 1 ! ]! •! � ] <br /> 13t�r��o��tr)unc�c.r s�ll in�u�•ai�c�,p�lic.its�ov�,rin�tf��,Propert�, insoft�r as st�c��r•�a��t�dt t;��3j7ItG��b�L�:C� ��7�. <br /> c����:rt���:u�`the �'roperty. Lend��•n��y us�:ihe insui•��zce proc�ed�c�ilher t�repair or rest�r�t��e Y�•opert�� <br /> ot•to�3a�� an�o��nts un�aid und��ihG No�e or th�s Secu�•t�y� Iiist�-urr��n�, t��hethe�n�• nt�t t�c�l d��e. <br /> �. ��Gup�n�y. �3�r�•�������•shall accu���, es�ablish, ar��u�e the�ra�e�•�w as�3�a�•rc����er's�r-i��c��al ����ider�ce <br /> ���itf�in 60 da��s aft�;�•th��lecuti�n o#this��:c:uri�y �nstru��3en��r�c� sh��il cc�nt�nu���.�t�ccupy th�Pro����•�� <br /> as l�ai•ro����r's p�•inc�pa���esYd�nc� �t�r�t le�st ane y�ea�•a�t�r th�dat�o�`o�cu�Znc�f�, ��nless�.�en��r <br /> ��:t�:rmines that�his rc�qu�rc�in�21�s��a11 cause u��du����rdship fai•#:hc;Bor�•c�«�f•or �inl���s extenuati��� <br /> ci rcum stan c�s ex i s�u�h i ch are����ond�3n�•rn��•er's contr€��. <br /> r <br /> �. Pr�servat��n, �aintenance a�d �rotec�ian o��he Pro�er��; �n��cti�n�. �3c�rro«�c;r sh�.Il t�ut <br /> �est�n�r, dam��;e o�r impair th� Prc�p��•�;y, 1110��7����e ���•ape�•�y t�dei��ical•a�e o�comrr�it�ti��sie an �h� <br /> PrG�p��•�;y'. �3orr������• sh��Ii maintain thc�Prope�•��� it�ard�r to pi•���nt�he Prap�a•ty fr�in dc#:�rioratina�t- <br /> �l�c�•�as����in val ue due to i�s con dition. U��1��s i t i s de�er�n ine�i pui��uant�a �ec�i o�� �th at�•e�ai�o�• <br /> restort�#:�o��is nat�conUmicaity� f��sibl�:, B�rrc���°�r sh�i�� proi��p�;l�� rc�pair tl�e F�t�per�}� if dam�ged�t� <br /> �.r���� ��ur�her det��•inra�ion o�•da�na�e. �f insu�•anc���•ca��demna�inn proceeds�e�aic� in connecei�n <br /> ���ith d�mabc to th�Pr�p��•�y, Bt�ri•o��rcr'sh���i bi�•�spt�nsibl�for r��ai�•ing oi• restorin��:hc:Pa•opirt�y� ���1�. <br /> i�`�..e��d��•ha�relea��d pracez�� fot•such put•poses. �..����e�•n�ay c��sburse proc�e��fai•�he 1•epa��•s anc� <br /> re�t�ra�ic�n in a si���le paymc:n�o�•in a s�ri�s af p�c��ress pa�m�nts�s th€:��rar�C is c~t�mpltted. ��'��c <br /> i��sur�n�e a�•c�n�c;mna�Yon proceeds ar�not���f��icient ta repai�•c��r�store th�Yr�per��-, �3orra���er is n�t <br /> r•e�i��cd t�f'Borrawe�•'�ab�i�a�ion for the cninp�etiatl c�f su�h re�air c�r i•estorltic���. <br /> If�c�nc�en�t�atic�n pz•oceeds�.re paid i�� �o��nection��€�tl�t��e�a�Cin��f�he�rc���e�•ty, ��.,�r�dei•sha�i �i���}� ��ch <br /> praceGds to th€:��:ciuc��ioic o�f the inc��htt;dn�ss unc��r!h��ote��nd t���s S�cur•it�� �nstrumc:ait. ��•5t�t��in� <br /> �elinc�u�n�amau�its, apd�hen to pa��mertt of'p�•in��pa�. .�nti�appliea�ic�n n�'the p�•c�ceeds to the prin�ipal <br /> sha�� not�Yf:�r3d oi•post��ol�e thc�uc date�f th�tnont��ly payment�c�r chan�c ihc���maunt a��'suc�h <br /> pa���nen�s. <br /> L�:i�d�i•ar its d�;�nt ina�� ma��r��.�t�n�ble���tr ies u��c�n arld insp�c�i�n�o�'t���Prc�p�rt}�. I i'i t has <br /> re�sonable ca��se, I.�ender ma�� inspect���e����eri��•��t�he im�rave��ents nn t���Pra�er�y. �.�ende�•sha�� �i��e <br /> Bc�i•ro��•cr i�atic�at thc tiinc o�'ar pi•io�•�o su�h an it��:c�•iar i��s��ec�iot�speci�t��in�st�c��i•��sanab���t�usc. <br /> $. �or�ovrrer's La�n�►pplicatian. Bari•o��rer s���.�� ��in c�efault if, durin��he Lc�an ap�licat��n �r�€��:�s. <br /> �3orrc�r���r or an�-�e�•sons or en�itic�s a�;tina at th��irec�i:io�� of��or�o��°e�•t�r 4��ith�30�-�•���r��•'s kn�������c��e or <br /> cc�n�en��a��e materiall��false, m�sleadin�;, c�r ina�;�urate iiz�Qi•matia�z or�ta�em€�ti�.��c��.,ende�•�or�ailcd t�a <br /> pro�:i�e Len�er ��rith mate�•ia� �z�f�z•matiat�} in canntciion��i�h t1�e L.�an. 1�Ca�e�ial x•�pr�sen[a�ians in�Iudc:, <br /> but are not 1 i�ni��d to, �-epresent��io�is concerr�ing Borrotiv�r's occz��anc}� af�he Pi•caper�y as B��•�c��v�r's <br /> p�•�ncip��l resid���c�. -- <br /> 9, �r�tection of L�nder's �nteres� �n the I�ra���ty and R�c�h�s �r�der thi� �e�urit� ins�ru�e�nt. I f <br /> �a}.l3orroti�r��• fa�ls�� per�orm th�e�o�fe��anis and a�r�:em����s c��ntai��t�c�it�this �e���rity lnstrument, tb} <br /> ther� i5 a t��al pr�ic�eding t��a�tni�ht si�nificant�y a��`ec�Let�der's in��rest in th��'ro�ar��•�y �nd�or z•i�;h�5 <br /> ua�d��•this Se�uri�v Instrument�such as a prn��edina in bankr�p��}f, prabat�, for c�nd�;mnation�r <br /> f€�rf�it��re, fo�•enfarc�cmeiat c�f a l�en��rhieh ma��a�tain pri��ri�•��j�r�his S���i�it�� In��rz�men�or to en#c�ree <br /> �a��f�or r.•�����atia���}, or�c}I3c�r•�a���c:r has abandc�ne�the Nrapert��, �h�n L���de�•ma�s�t}and pa�J �t�r <br /> ���ha�c����r is x•easc���abl�o��ipprc���t iat�ta �3rot��t L�nde�'S int���s�in thi Prope�•���.nc�ri�;h�s un���r���is <br /> SeLu�•ityr Instrumei�t. inc;�udir��pr�t�c�.in�an�:'or ciSSG551t1�t�lf��lc�IUf�(3��t�i�;P�•o�crt�, a��d sicu�•ina��nc�loi- <br /> �•e��.i�•in�ihe Pra���•tv. I.,ender'�actiuns ca�� inciu�e, bu�a�•e na��i m i ted to: �a}��ti�in��ny surns s�cu1•ed <br /> 17����D�3 ����31�4��� <br /> �'H�4 D��d o=Trust��rith�v�ER�iv�. 9130!2��a <br /> Bar��cer�S���t�ms VMP 11f1lIP4N�NE�z1:i�6y.D� <br /> 'JVoiters KI��tiAa�r F��ancEaf 5e���es �age��f�7 <br />
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