|
�
<br /> � ! . �` .._ :_.:r. ..._ -... ._� _ - _--=--- -_- . .
<br /> •-.����� -
<br /> ' •-^�---r�--.:.-�-...�-..�--••---•-
<br /> �„:.-.. .. _..•._,r:.._.. ,...._ - . .
<br /> ---^- ----� ..-�__
<br /> ` �r�...�.�. � . r . . ..--� .w T,,,�.�.,�,.,_-
<br /> _ "` - .""'+y►LttT..,• 'r { ! ^�.
<br /> e�i�www�r�.�r�t�"'+::»:;` ...+..��e.�::.-w.�-���'"`-'-__.=� �"_" _-------- -- - -— -r�
<br />� - .�...�r, - - - :ar�S� - - ° .
<br /> ��� ����
<br /> iFi'�}�1R��� ��1C IfA�'1NvGt�711T COW Of Q1l'Yti�llt CtBi.tOd Ot1 lY10}7fOQCliy.� flu Ci9�dtlW11�i��li:� c.a��a��
<br /> �Rif'CT dQw 0[�tli�t't�lt l�ibC j](a}tibRy./w TC�j�iiK1'at�L�i$O[ti L11i1�ALtO bC COYiC�Oti b}r{�9�OCL[l(3 ��11Y�1L `
<br /> �Of t�13�(XGjj��fl�ttti,t1101[I t�S SOCt1t1[y jfl�fllO�l111 aS t�f0�'O�ICtI}f.� _
<br /> BOitROWER COVENAIVTS that Borrowrr is i�wfully sas�od of che estaic tsccreby cunv�yad aad bas the ryhc a�raai�uid _
<br /> cm��ey s4c Pr�opaty �nd thu tho Propaty i� wx�actunberacf.exoqx for erscumbraoces af roco�d. Bomorvtr w�r�c�tt ead will -
<br /> detaad guu�ally thc utk a tbe Pro�aty against all cLims�darrnds.subjec!ta aay eaauabraaces of rocard. —
<br /> 'I't�5 SF.�.`IJ�tCtY WSIRL3MENT combiaa uaiform cava�nu far a�ti��al us�iud awrupitoraa ooti.�ir w'sttt litnued _
<br /> vaciuions by jwi.sdiciiaa a canstitucz�ual�Toraa�ocurity iastrutaait ooverinQ rrtJ ptoperty. _
<br /> UMFURM COVENANTS.So�rowu aad�.e�ita cav�ut aud a�sc as foilows: -
<br /> l.Payssot a�F'rioc�al sad Wtenest;Prep�7m�eot aod l.ste Ciuriec. Boert�wa stwll pmmpUy pa►y wbcn dua thc
<br /> princi�at of aad intemt oa thc debt eviclmcod by tta Nou�ad�aY P�'�Y��nd We cl�rges dua unda tt�a Nato. _�
<br /> 2.Fuods for T,n�uc aad tawr.ace. Sub,�occ w agplicable l�w or te a wriaea w�uva by Leadcr. B�ro� chau pay to
<br /> lrender oa the daY��Y P��m due uudei 1Ae Noie,unal dse No�is paid ia full.a sum("Fuads')far.(t�Y�9�
<br /> aod auasasessu which may awia priority over this Sec�uity Iasaumrat u a lien oa tAe Arc�Kst1: (b)Y�Y��P�Y�
<br /> oir�cound reats oa tbe ProQaty.if aaY:(c)Yqrly l�aiard or propaty iasuraane pe'eiaivais:(d)Y�riy llaad inscuanea prcmiwcu,if
<br /> �ay:(�)Ynr1Y mpt,�qao ias�uance P�miun�s.if aaY:aad(�mY�P�Y�bY�rorKa to Lmtitt.in�oaudanoe with the
<br /> provisioas of p�� 8. in lieu of We payu��t of mat,B��iasunoce P� 1T,csc itooas ooce calk�f "Escrow Ita�as.'
<br /> l.ender may.at aay oa�e,collect�nd lwld Fuads a�aa atnouat n�oo Gccood tbe�,•_;^,�,�,wt�unt a k�dtr far a fa3aaUy n]�te�d
<br /> mortg�e ban m�y raquire for Barowa's escmw axount under tl�e fodasl Reil E�e Seail�t Pr000dwes Act of 1974 as
<br /> �meaclod fram time W time.l2 US.C.Section 2601 u seq. ('RESPA"),unkss anotbar La�t�applks to tho Fuads uu a kstes
<br /> ' �mouut. If sa, Leo�der may.u aay ome,eollxt aad ha3d Funds ia aa�awunt net to n�uoocr�tt�r lessa amcxmt, La�cltr ma}►
<br /> �tbe arnonnt of Fuads due oa d�e basis of cu�eat d�ta�od reaea�a�t�ie e��f mc�itivas af fuAQa Es�xaw Ite�s a�
<br /> oma�vi9e ia accardaox wW��pticabb 4w.
<br /> 71ie Funds th�11 be 6tid in aa instiditioo wboae deposits are ina�und by a fodtsd�genc3•.insnnuMatality,os eatiry(iacLdinB
<br /> I�enddr.if Lc�is wct�an iosti�uioo)a in any Fedual I-Iome L�Bsak.L,e�clet sln11 apply tho Guads to pay the Fuanw
<br /> I1ans.l,wdrr m�y not ch�r�e Bo�mara far 6oiding�ad applyiag We Fuods.�nually aa���tho esrrow�ocouat�a vaifYia�
<br /> tbe Eta+nw Icems.uokss Lasder pays Barroav iataest oa tLe Fuads aad a�Sixabk law p�mitt Leack:m male sucb a cb�rge.
<br /> Ho�ueva.l.e�ida may roquire Sorrower w gay a aue-dure ebarge fa ao iadependeat re��� wc re�aniqE e�xvioe usod by
<br /> lea8er ia canaoaioa with this 1osa.anless apQlicsWe law pro�-icf�c othawi�c.Uakss�s�aeanemt is m�do or appUcabb law
<br /> ioquis�s inea+esc a be p�id.I�er slnll noc be required w pn�Barrova aoy iacarse ar e�raun�s on @,e Fw�ds.Bara�or s� _
<br /> ltader may�ne ia.r�ag.Aowev�rs,ttnt iatenest s4i11 be paid m the F1�ds.l.axlar slsaU givc to Borrow�er,withaut c.�rge.an
<br /> �oawl aocouata�o�ebe Funds.s�v�►'in8 cxed'ats vcr!debits to the Fuads�d tbe p�rpose faa whicb eac�e debit w tl�e F�mdt was
<br /> made.'!!�e Fuads�ne pLxf�ed as addi�oeal�it�r fsr all smns securod by t�is Socurity IasaumtaL
<br /> tf d�e Fuads held by i.aaaa esc,eoa dx�csaats permived to be he3d by�ppvcable itA•.Lmder sbaU axouat w Barrow�rr for
<br /> tbe e�u F�nds in a000c�oe.ro�a t�e rquiremmts of�ppL'cabie Iaw.If dse�ao�mt o�?tt�Fuads bekl by l.eadtr at aay dme is
<br /> ao!su�icieat�pay the F�cro�+Ioaas w6m d�e.Leatfv mry so uo�fy Bocmwtr in�is�;aad.ia s�cb cue Bomawer s6W pay
<br /> W Ir�kt tbe aim�yodt aoce�rY to aoaice W t�e deficieocy.Boaower t3a11 maict up t�o deti�itucY in tw mote th�n twtiv�t
<br /> - mo�e�ty P�Ymmtt.at i�enoei's�+c�o. - -- --- �
<br /> �WY���a faII of all s�mss:ee�aod by this Saaaity In�nnm�at.Iraclei shalt p�Rty rafimd m Bc�rrn�et any Fuods
<br /> bdd by I.aides.If.emde�p�a�21,L�eader sl�ll acquu+e or sr�l We PreQesty,Ireac3cr,l�rioar to the acqui:itioa ar saT�e of tbe -
<br /> pmQoRy,shall �ppiy aoy Fuods l�e�d by I�x1�st the time of acqai9tim a sile as s aru�ic A�a�tbe wms maar�by tbis
<br /> �ppiirat�o�Fa�4. Uakss app�ilc La provida othawise.all paymesks reecivu!by Leadtr uoder pac�gr�tt
<br /> l aod 2 sh�ll be�ppiied:fa�t.a anY P�Y��Ses doe uoda tbe No�e:se�m�1,m araounrs P�Y��P��Z:
<br /> thi�d.�e intaest du�fourc6.a priocipal due:md t�st.to aay l�r�e c�rga due imdrr tbe N�ose.
<br /> 4.C�+f�'M;13sf. SOnoMG 11a11 pry dl taus.�. cbtrga.�mes�i�mpo�oo��tri�bonWO b tsC P�ape�ty
<br /> .�r6id,msy.�io pr;ority o+ra avc saaaity Ia�curaeas.aad�d�ald paymaots ar trouma rwt�,if aoy.sorro.�rer�u p.y mese
<br /> obii�tioes i�eLe m�nnrr pe+ovidod'm�ap��or if not p�im t}�t mmoe¢.'�aiow+es sh�ll pty tbem m time dicec,t]y w tLe
<br /> per�o,n o�ved p�ymest Baao�rrv st�D pnompdy �la l,eader ill noeicrs t�f�w be p�id ao8et tIIis p�ra�ap�. If
<br /> so����p.y���,s�o��u�y c������wm�
<br /> Bamwer sh�ll pomptly di�arge aay liea wtic8 has p:iarity ova this Sxauity I�eat aatesc Borrn�var. caj s�zees in
<br /> �w dse p�ymeat of tbe obYgation sea�eed by the liea in a a�anner aooq�tsbie w Lr�es:(b)000�ats ia good f�t8 tbe lifa
<br /> ' by. ar defeodc � eafar,uawt o:t1� iies� m, iegal P�vt�icb ia ibe lmtler'a �onioo apaate to perveat tbe
<br /> aafa�oaisau of Che lia►:or(c)secaurs fsom tbe doldes d tbe liea aA agr�aaent s�'acx�y to I,.eadea subord�timg tbe liar w .�
<br /> ��jjy Tneen�v�ren� If I.eot3et delClmiOes tDvli my pa�l Of Sbe PmQeny is SubjOC[b 1 to�Li�vhiCb msy AC�i�s pticl[iry OwI ttui
<br /> �y r��.,�r i��y g�Borrowrr a nodce idea6fyiqg tLe lim.Barrowri�'1 ratisfy ibe liaa o�t�lce oae a moce
<br /> of tbr.actioos sa fortb at�va a+ithia 10 dsys o�the Yiviu�of mdce. .
<br /> Fo►�3ott�0
<br /> . �•�A(NE)�ss�t�.o+ ay.soss inKrr: �
<br /> -- _------
<br />
|