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2� 1 ���835
<br /> S�ctx�n 4.4 R�liari�e. Ind�vxdua� Borrower recognizes and acknowledges that
<br /> ir� accept�r�g the Loan Agre�ment, the Note, th�s Security Instrum�nt and the other Loan
<br /> Documents, Lender is express�y and pr�mar�iy re�y�ng on the truth and a�curacy of th�warrant�es
<br /> and repre�er�tations s�t forth �n Section 4.1 of the Lc�an Agreement v�v�thout any obl�gat�an to
<br /> invest�gate the Pr�per�y and notwithstandrr�g any investigat�on �f the Prap�rty by Lend�r; that
<br /> such re�iance existed on the part of Ler�der pr�or to the date hereof, that the v�arranties an�i
<br /> representations are a mater�al induc�ment t� L�nder in mak�ng the Loan; and that Lender would
<br /> not be v�rill�ng to make the Laan and accept this Se�ur�t� Instrumen� in the absence �f the
<br /> vvarrant�es and representatzons as set f�rth in Sect�on 4.1 �f the Loan Agre�ment.
<br /> ARTICLE 5 - FURTHER ASSURAN�ES
<br /> Sect�on 5.1 Record�n of Securi Instrument etc. Indiv�dua� Borrower
<br /> forthw�th upon the exe�ution and deliver� of this Security Instrument wi�� cause this Security
<br /> Instrument to be fiied, registered ar recorded in such manr��r and �n such p�a�es as may he
<br /> required by an�present or future �aw in order ta publish notice af and fu�1y to protect and perfect
<br /> the L�en ar security int�rest hereof up�n, and the interest of Lender in, the Prnperty. Subj ect to
<br /> the terms of the Loan Agreernent, Indivi�ual Borr�wer wil� pay a11 transfer, documentary stamp,
<br /> intang�b�e pers�nal property, mortgage recording or simi�ar taxes, filing, registrat�on or re�ordxng
<br /> fees, and all expens�s �nc�dent to the preparat��r�, execut�on, ackn.owledgmer�t andlor re�or�ing
<br /> of this Security Instrument, any �ieed of trust �r mortgage supplemental heret�, any secur�ty
<br /> �nstrument w�th r�spect ta the Property and any instrument �f further assurance, and any
<br /> mod�fication or amendment�f the foregning documerits.
<br /> �e�t�on 5.2 Further Acts etc. Indiv�dua� Barrower w���, at the cost of
<br /> Ind��ridua� Borrawer, and w�thout expense to Lender, dn, ex�cute, ackr�owledge and del�ver a��
<br /> further acts, deeds, �onveyances, deeds of trust, mortgages, assignments, notices �f ass�gnments,
<br /> � transfers and assurances as Lender sha�l, from time ta t�m�, reasonably require, for the better
<br /> assuring, c�nvey�ng, as5igning, transferring, and confirming unto Lender the pr�perty and r�ghts
<br /> hereb� mortgaged, d�eded, granted, bargained, s�ld, conv�yed, confirmed, p�edged, ass�gned,
<br /> warranted and transf�rred or intend�d now �r hereafter so t� be, or whxCh Indiv�dual Borrower
<br /> may be �r ma� hereafter become b�und to convey or assign to Lender, or f�r carrying out the
<br /> provis��ns, or fa�ilitating the perfnrmance, of the terms of this Security Instrument or for filing,
<br /> reg�stering or re�ording this Security �nstrument, inciud�ng as may be re�uired by any �egal
<br /> requirement. In the event Individual Bnrr�wer sha�� fail to so execute ar�d del�ver any such
<br /> d�cument, Individual Borrower h.er�by authorizes Lender t� execute zn the name of Individua�
<br /> Borr�wer, or w�thout the srgnature of Individua� Borrower to the extent Lender may �aWfully d�
<br /> s�, any such document to evidence more effective�y the security interest of Lender in the
<br /> Pr�perty. Ind�v�dual B�rrower grants to Lender an irrevo�a�le power of attorney coupled w�th
<br /> an xnterest for the purpose of ex�rc�sing and perf�ct�ng any and a�� r�ghts and r�medies a�ai�able
<br /> ta Lender at law and �r� equity, including, without limitation, such rights and remedi�s ava�Iab�e
<br /> ta Lender pursuant to th�s Section S.2.
<br /> Section 5.3 �han�es in Tax Debt �r�dit and Dacumenta Stam Laws.
<br /> �a� If any laW is enacted or adapted �r amended aft�r the date af this Se�urity Instrument which
<br /> dedu�ts the Debt from the �a�ue �f the Property f�r the purpos� of ta.xation or which �mposes a
<br /> tax, either d�rectiy or ind�rectly, on the Debt �r L�nder's interest in the Property, Ind�vidua�
<br /> 12
<br /> �NE�Y��K 3I69827 4]
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