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�� <br /> � _' _-__ - -_. `Y -'. <br /> ��1i.... ��-- _ <br /> - ...r.�. .. ...�—� <br /> .. � ,���....x.�t. <br /> _ _� . -- ....-. <br /> -- �-�a-"��-a° _" .._-. ---- --- —. <br /> • B;,.TOw�r may aue such � ciakult and ninakt�, u pruvl8�d In paraqrsph 11, Dy causlnp th� Rclian a procNdirp ta b� <br /> �icmkss:f with�ruinq tMt,in lwtid�r's paad hMh d�trmkiailon, Prrdud�s Axt�Na+t�ot l��8orrow�r's fnt�tat h tR�Rop«ty cx <br /> Whar n�aqriv M'W�ilrnw�t of tM Win arwtod ay thi� S�cwity InaGuinlnl or l�t►Wr's uctuity In{�nat. Bonowr �haY�o M In <br /> da�wa i�Bor.,ow.r, dwir►y chs ioar►.p��prnc.ss.pavr�tr�ty t�w w�rwc�w;:ta G,sa���::�a at�t�,►:��t,i t�lw�r fa <br /> Utii►i to ptOVk41 twui�' wih �ny n�i�tW M�for�ai�an) h conn�ction with tM bt!1 wkiu►c�d 6y !h� Not�, iru9uudinp. bui nul <br /> wnxsd :�, nprrsmiauuns cancunh� s�rto�►ac•� accu,�sncy or �.h. Prop.rty a. . princl�l ►�akianc•. u tnw, secw;ty <br /> Inslrur-�a�s on ■ basaAoid. 8orrowM• ahaM canpy wYh aY tlw provl�br►a o1 tt» I�aa�. M Borroww acput�a f�tlW t�Ihe � <br /> Prop«ty.tA� {MiYhO�Rrid lh�1�Y UIIY �h�Y 11W ryMIQ�unfys L�nd�r�pr�st to tM mupor in wrflnp. <br /> 7. Prot�OCtton Q! l�ttiar'o R!ql�t�(n th� Prap�Pt'v.q Borrow�t +�'ts to prtorm u,.cov.rw�ts.nd.pr.�,.nts 1 � <br /> contarwd n ttd� saa,rityy k►strwnont. or u�ara I� .tp�l pro�wdina cfut may ::pnalcina�y aH.a �M,d.r�s �lynts h uw Proa�rty+ 1+ <br /> (ruch�►s o pr3c�d'+�g in Oar►�ruptcy, prat�ata.tar cos�darn�satlan or WrtalGUS a to wttwsa Iaws or nqutationa). thsn londer m�y Q <br />. do�nd p�y tor whatwK i� n�c�asuy to prot�d tM valw of 1M Propwty�nd C«Wrr's riphtn in tha Prop�►ty. ��ndr's aclions <br />. m�Y h�.iud� WYhp �nY wma tsuu� Dy : �n wAlch hu� priorit�r ov�t tNs S�a:r�y hstrunwn4 +Pi�+++lnp In cowt. DaYY►y <br /> nssoru�bN attom�n'i�a and�nu� 9n tfie►�op�rty to m�k�npairs.Akl�ouqh l�nd�r awy tak�acUon wuN►thla Psra�nph <br /> 7.Landot doea nol hNVe ta do w. • <br /> My �nwunta dfsburs�d by L�nd�r undK psraprsph 7 shW b�can� addtlona! d�bt ol Bortoww a�uuad Dy thb S�cwiqr . <br /> kttAum�nl. lJ�nkts BWtnw�r �nd Lmdar apraa to ot?�v tartns o! payrtwnt. thK1 anwunU tAaY b�r fntcKOSt hWn th�dala W <br /> disbu�a�ni at tA�Not�nt��nd ahaH h�payabl�.witli htK��upa�notla kotn La►d�to Borroww rpueattn0 P+Y�t. <br /> B. AlOrtqi� I�tiilCinCY. If UndK rpuM�d mortpap� insu�anca u a condition o1 n�kh�tha lan s�cur�d by tALa <br /> s.cw#y (n.aunwnt.9orrow.►sn.r a+y U+.pnmwnw r.auir.d co m.i,z�in ih.�„orip.yo.ww«w�:,::�,. r.,s�:w:y ro:::.z,ih� <br /> mat�hsurmc�cov� nqufnd Dy Und� MPsas or esas�s to b� In alNd. 9arow�r sAaY PaY tha pnmiums nquirwi to <br /> oDw, cavKay�sunstanwy .q�,ivwn� co tn.mortp.g.insuanca pervbunA► k► dt.a. •t. coat we�ur►u�y equNal.nt to tn� <br /> cost to BoROwar ot the mortya� hsuranc� pravlousy in oll�.t. trom an altwn�t� moRpap� hsunr approved by Lrid�r. It <br /> suGsUntiaYy oqu��t matyap� iruu�nca cowraq�a noi �va�bN,Baroww slwY p+y to Londr aach month a sum vq�sN ta <br /> onatwNllh of thR yw�y mort�a haurano� pr�rt�un bohy pald by Bortav�r wMn tM inwrar►c�oov�rap� WpsW vr c�tv to <br /> b�in Mhc1. L�ndr witi�cc�pt, uaa�nd rwk�tM��paym�nU�s� bss ns�w in Bw of mortpay�Inwr�nw. Locs�v� <br /> paf�ts maY no lor►�b��+r�d, at tM optlon W Lw►dK,B mortpap�hsurance cov�rape(in ths amount and fa•Shr�r.�iod <br /> tfini Lendr nqWr'�a) Provid�d by an k�siu�r �pprowd Dy L�ndK�ln bscotna�v�1�aru!f�abtr�M�od. Ba�vw�r s1�7i P+Y <br /> ttw pr�rdums uquind to maintain mort�pt i�uunnu ln �tfact, or to provki�a bss nc�vR untY tM rsquiament for mortpps <br /> iasunitw M�h accad�nc�with+�ny wrili�n�qt�n�nt b�lwNn Bortawu�nd L�utr or�pYc�hi�Mw. <br /> 9. 111bMction. �.nd.r a�.,.p�u m.y m.k.n.sonaeh.naios upon .nd tn�p.cttons ot q,.Rrop.Ry. Lmd�,r s�+sy q�r. <br /> 6urow�r notia�t tl►�ttm�ot or prbt W�n intp�ction sp�cilyfny natombM aus�tor tM haputlon. ' <br /> 10. CwulrmnaRion. n,. Qroce� o1.ny•wara or a�(m ror d.m.fl.s, arna or cons.quw►tW, in conr,.ction wl:?i or►y <br /> condmr�alion a oth�r taWny W any paA W th� Propury� or tor convayvfc� b fMU ol condwnnatlor►�w tut�y asafpnad�nd <br /> sh�b�p�k! �i�nd�r. <br /> In tM ��c of a total t�k3np of tM Roputy, th� procMds shaN b� �ppli�d to tM swns acurnd by tN� Sac�wRy <br /> k�at.unwnt whMhar or not than dus,with�ny�xcew p�ld to 8atrow�r. tn th��v�nt of a partMl taktnQ of tM Pro�rly N whkh <br /> 43�s t�r nwfc�t vatu.w u,. vtcp�ty kmNdist�ty bMon cn.wan� N.Q,r co«yrwt�th�n u�..mouru a tn.wms saa+na <br /> Oy thls 3�xky tr►�trurtwnt ir�nwdfaMy bafor�tM �, unt�ss Bortoww and L«�dc� oth�rwi� apt+» M w�tlnp,th� wime <br /> s�.vnd Dy tMt S.�c�wky k►slrunMnt s!W bt nduc�d by the�int W th�prooMds nr+ktpY�d by thN kilcswitp A�cK1on: (aQ tM <br /> toW�tnant ot tLt�a sums s�ar�d YnrM6�tNy bs/�x�4M takinQ, d1vW�d bY (b3 th�iat m�rkM vaL�of t't+4��ry Ym�teh► <br /> �ia�tb.taki�y. N�y baLrw�tAN b�p�kt to Barowu. tn th��wnt of a paAW t�idnp ot tM Pra�ty��wri�9+tt�tatr�k,�t <br /> .a�a tA. Proa«a��1r b�or.th.wcrw fo Nts th�n a,..moune a th. sums s�cund rn+raf.s�yr�e nre mWnp, <br /> un�s Borrawr and L�nd� othanvis� agw t� vaN3rg or tnipss app� fr�r oU�s� P��dM. t1�e p�x� �isti0 b� <br /> �d to th�wca�s�aind by thN S�asity Mutrurtw+t wi+�thr or not tlw sunM w tMn dw. <br /> q tM Ptic�rty�is abandaMd by Bortoww,or M.attw notia by L«�d�r to Borrower that th� condaar+or ofbrs to m�k�an <br /> '��V {/� �{w� {��l R7� J�—____ I�__.' '_ �_o_ �_ ___���J �� ��J�� �..viV J�.� J���L� J...... ��.� ��at�� 1� i.� <br /> a+w��wjr�. m�trww �� w�w�www w �.w� ww�r� ."�w �r� �ww aw��rr u� �w�wR w yrwr. - <br /> . L,wWr is wtho�xad to coMct�nd�Tyr tM proc�,at Ib option, � to t�torstlon or�apNr W thf P�op�rty a to dN <br /> . str�tt s�cu��d b}r tt+b S�axily lnsfnrMnt,wh�th�r a not th�n du�. <br /> UNa� L�l�r �nd Bort�ua� o:hw+is� �prw in writtnp, any appikation d proceale to ptfuipal tha� rtot aoaand or <br /> postpoM th�du� d�t�ol ths mo+►ttilY Pay�r�r►b�rted to in p�ng�ph� t ind 2 or chan�th�air�owu ot wch p�ymet�Gs. <br /> 1 t.BonrowK Nat RN�s�1: Forb�ar�nw By L�nd�r Not �Waiwr.F�a.nala�d x�e ttm.tor p■yn�.a o. <br /> nbdlrstlon ci rnortkation ot tha wrns s�aA�d by thi�� ily hsa�t QanNd by LondK to e►g x�c�asor In Y�sra ot <br /> eoerar..�hY not op«at.w ni..a tn.rNeilly a a�.o�iorul aort�owr or eomow«•,suooasas in irs�i u�d�r sAs�t noR <br /> 0� r�quk�d to oommna Pro�fn�s s�h�t +mY sucqstor tn hbnat or t�Mis�to ��d tYn�ior paynnart w aDwn�e <br /> �o�iity artartl�lion of tt►�auna aaar�d by thM S�arity fnstrtrnrnt by rwon of�ny d�nrnd n�Dy t�aipt�l Baro�w�r or <br /> &wr�,wr'�suaas�ors in k�t�L My�aaa by l,�ndK h �c�ci�in0�nY ripM or n�rwdy aA�i aot b�a w�Anr d or <br /> pr�d�KN u►r �oi�ny ripl►t a ranwdy. <br /> 12. St�o�rs and Astl�ns Bouad; JotM and Sw�rsl Wb�lily; Co-ai�eesea�f�. oov.n.n=a�nd <br /> .�..m.na ot n�is s.curlty�nawm«,e s!w er,a.na b�it au s�,00.swR.na.ssipns a t,�na.a�,a sonnw«,sub�.�t to rne <br /> pnt�i�fons W peagaph t7. 6oRCwu'� oov�nlnb and a¢wnr►ts ihal b�joYft�nd s�wrid. iV+y 8ortowu who Casl�s U�is <br /> S�arity hWvrnrru but do�s not��th�Notr. (a)Is co-�IpnYg thf�S�curKY����+�Y������N <br /> a,u so�ow..•,ku«.a �,�,.arop«e„ w,�..she,w,�w ws s.a,�cy �a„�„«�c ro) � �a wR«�.�► oa+�s.d a�ay u►. <br /> . sum.s.ar.a cy w. s�ctuity Inttrum�nk .nd (c) .�ess ttwt l«,aK.na.oy wl,.. e«rowar m.y.,,ceo to.oa.nd�moay. <br /> tabMr «arfri any aocoaraod�tions with nyvd to tM temw W Ws S�a+rlly L�strurn�ne «the Nots vnit�out that Bara+wK•s <br /> axis�nt <br /> 13 LOilf Ch11r�N. a th�lo�n a�ar�d by thls S�auity fnstrw�w�t (s wbJ�ct to � (�w whiah sats �s� b�n <br /> d�arp�s. �tW tA�t Itw is fnt�y Int�pnit�d so that th�Int�nst or othr b�n clwpN�owct+�d or to t� cc�l�ct�d irt oaa��cllon <br /> wwh th.�o.n wo..a e�,,.P.a,�tt.a i�s,tl,.�: (ay.ny wa��oo� ch.ro.:n.r w nauc.a by s�,..n+owa�t n.�.�..ry co reaue. <br /> n,. �.to a���xc.a r� .,�d ro) �,r �.w.ay oc�.a.a rrom eo�r�w.� wwd� «c..a.a�pwr„e�a �a wa es <br /> Mund�d to BaRa�ir. L�rKfr m�y chooa to m�k�thts nknd by ndudrp th�pcinclpN orwd uridw tt� Not� or by m�idnp a <br /> dfnd pay�nt tra Bortowr. M a rMixid nduas pnc�tpal. the reducflon wi a tr�t�d as, D+� PhwY�►+�t ��rry <br /> Pnp�yrt�nt clw�ind�r tht t�. <br /> 14. KORiCM.My nolict So Borrowar provid�d tar in th's S�arYy insln+mnt a1�Y b�giwn by d�i'iv�ring it or by m�'ru�it <br /> by�s a� � �.�ce.ei.e.�►r�,r� w.a.�,o�h.r�noa. �n.„otlo..ri.r b.a�r�s.a so �.aop.ny�aar�: <br /> or.ey oU,.r ,ddr�s: e«rewr a..lg�at�s by noTic� to L.�a.r. any nWic.w t.�na..shY be 9iv.n by�St cMts m.i W <br /> Undu's addreas staUd h�nin or�ny othrr admrras LmiMr duig�ata by n�a to Bo+raw�r. l4ny notica providrd Tor in Ws <br /> S�curiRy ku�nr�t st�a�b�dwrwd to Nav�bMn phnn W BoirowK u L�ndK wh�n qhr�n as provfd�d In ti�pars�aph. <br /> 15. Gowrntn� Law; S�vKabllity.Thb S.aKiry Nssnrawnt stw b� �ov�d aj t�da�l law �nd ti�.Iswr d th. <br /> j�xisdktion(n whieh th� Rrop�tty is ioc�i�d. b tM�wnt that�ny proris{an w W�ua ot thit S�auily InsLurrNnt or th� Not� <br /> conias wRh �pp�cabt� I�w. such conftet shW not�lMct Wh�r provf�ioi►s a thts Seariry instrunw�t or th�Not�whicA an be <br /> ylwn dqc1 withoW th�co�tinp proVisloe. To tl�b�nd tha ptovlsions of this S�arlly kwtrunwnt and the Not�w tMcrnd to <br /> b�sNerable. <br /> 16.Bofrotiwr's Copy.Barowr shal be pAr�n one contarrNd coPf�W th�t�e�nd of thfs S�curigr(nstnxnu►4 <br /> F,3,�,��,�� �,.3 a s �_�n <br /> �� <br />