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Uni�rs Borrotiwr �+id l�ndar �gr�c otMrwiaa, a�Y <br /> paym�n!�Under rcceive� irom BerrowK a fer Borrowe+'�bKwfit wiq be rj�+1Hd(wal ta any�utita Horrowar owaa on tlw satursd d�bt � <br /> exct.utw o1 Int�rsu w prktic►p�1, c�cand to int�rut.�nd 11Nr►ta�uk►clpa�.I}puttal pr�paym�nt of tM s�cursd debi a:c+xa lor any r�,It will <br /> not r�duc�a axeuN sny seh�duMd P+Y��t until tM s�cwul d�bt 1�pafd In full. <br /> 2.�1�Ap�kw�Tk1w�.BOrrowK w�l p�y all ta�cN,�s�ts+n�nt�, �++d otMr charpa attributsbt�to th�tx�p�rty wh��dw�rxi wiU ckf�rxl tltN <br /> to tt►a p:a� s :,+u4 enY ct;:r.s:wh:sh wautd Gnga:r tM lie�o!thls d�sd a�truet.l�seder m�Y re�,ka&xro�w►to uslpn any rlphu,clelms a <br /> d�f�a v��ro�w�r truY�►aw�paErnt pa�tka wtw wpply labor a matw7ids a Yr�row a m�hwn Ur prap�rry. <br /> d. k+taw�ru�.sorrowar wNi k�sp th� propWty i�+ur�un' r tKrt+��cvpt�bl�to Lsrxler at Bo�rowK'�1up�n.0�nd for 4KxMr'� E�r+N�t. AN <br /> insurmc�polic'��haU InckxA�st�rWarO mor s��pcpt�sw��tn f�vur ot L�ndir.Undo+w�N 6�rwmad as I�t�psYM o+as tM InswW on u�y such <br /> 0r�skw�Ad�b1.�l.i�dK it�mortYpaao 4iscuir►c��Bortow�u•��si to�mi`.nt�a'uNi w�citi'�wwuur+ir+w f�0^ot u r��!t`M��d proD«�N <br /> �.Pnprty.Baroww wW kN0 tM P�oDMtY��oo+blttan�nd mak�W npa4�raaon�Wy n�c.�swy. <br /> �.�JtpN1YN.BOrfOWM pfM�t0 p�y W l�l1dM��• 111CItId1f1Q t�MOM�Ii�tlMMyl' /N�.11 BOffOWM btMk��fly C011wIN�1t�!f1 f111�dNd <br /> of trwt a b�ny obliQation a�crx�d bY�s da�d of�YouowK wai p+�V�����u�y aovid�d fn Cov«w►t 0 of tl�W�d of <br /> auRt. <br /> �. Ma=�o�wity MbKNt�.tM�Mu Borrow�t first obt�t+w L��dar's wrlctM cons�nb 8o+row�wW not m�k�or pKmlt a�y chan0��to onY prfa <br /> �ecwity intM�au,SarowW wiN Wrtam aM oP Baroww's obYp�tbna und�e �ny prior moctp�,d�sd ot trust a otMr NaudY �pr�nf. <br /> M�cM�dirp 6orro:�w'�cov�rw+t�to ma1c�WYnNntr wh�n dw. <br /> 7. ef INe�e�Md hoAb.Bor�ow�r�atfpns to l�ndsr tM nnt�and protit�of ths proP�Y. UnMta Borcow�r�nd L�tbK Mw qrMd <br /> atMr�writ4ip, 8orroww m�y cotNct W+d ntafn tM nnt��s bnp u BorrowK i�not tn Mt�u1t. II BorrowK d�twMs, le�, l�ndw'� <br /> ap�nt,o( �ooutt�ppolntud nc�iwr m�yyy t�k� pott�s�or► s�d mana�tM propKty and colMct tM nnt�. My a�t* Urb�rco��ta stwll h� <br /> �ppli�d tw�t to tM co�t� of m�np�prop�rtY, :ncludin0 caxt co�u�nA attorrw}r�' iN�, commtNb+►a t�r�nt�l t+,�+d�ny ottw <br /> MC�swY�Na��d ucp�nNS.Thi�w� �rt►o+►nl of rMfts al tMn�pply to psytf�►ts on tM s�CUr�d d�Ot at ptovidW{n�wrW�t 1. <br /> �,LM1Mfp{dr Condorni��;plrwMd 1SN!p� 8orrowK 0���s to comp1y with tM provkioru of�ny Mas�it thk ds�d of uu�t ia on <br /> �barMwld.1�thi�dNd of trust i�a►�unft in i��aafdortitr�kxn u a�plarw�ed uNt d�-velapn+�ra.Bortowr wiY pK(am W of 8atowK'�d�ql�s <br /> u��d►�oow�ianu. bylaw�.or npulaWrw of ttw coe�domk�ium a ptwwal unit d�wbpn�nt. <br /> !. AuN�+Mty of L�r eo P+r1on�fa�oROwM.M BorrawK fails top�rform any of Bartoww'�dutiw ut�thU d��d of t�uL LM�d�r miy <br /> pKform tM dutia or cwN ttrm to b�pwfarmb.L��rtwY s1Qn�ow�r'�nam�a ay�nY�xn H n�c�asary fa p�rforrtwx:�.IE�ny <br /> oo�struction o�tfMp oOMN�discoMirw�d or not carriW on In a nasawbN marxMr.�rtay do wMt�w►is n�o�swy to prot�ct lwrcJu's <br /> ..auay irtan.t in ttti:prop�rey.Tna msy in�wa.aomotaino tn.oonovuction. <br /> LNdw's taikr�W DM'fam�w�N�ot P��clud�Lw�d�r fra�r�u�oisinp any of ita otfw riphts uncl�r i1w law a thi�dwd ot trust. <br /> Any�t�pald Dy Urbw to prot�ct L��'�s�axiry i�t�nat wiN b�s�cund Ey thN dNd of mat.Such�rtw�nts wiY lo�du�on drnand <br /> and,wiM ew trn.rwc troe+w daa ot tn.payrn.ra uru31 v.ia in tuu.t m.•r�s.r.se na in.rt.et on tn.s.eur.a a�bc. <br /> l0. Wfa�+lt�nd Aecytw�eton. If BorcowK fsib to msk� any p�ym�nt wMn dw oc bnaks any cowrwnts undK tf�Ewd ot tnu2 aany <br /> ��p�ay��+K M�id�iay�'r►tvo�k��po�w�.•�ct i M��nd a�o�newri�prm'�itt�d�at�,��� of tt�s�ax�d d�Dt and <br /> 11. Rp�w�e for No1iw o3 Mf��k.k u hKrbtl��-faN9 ntiat eeP�oi th�notias of d�hult and�aM 0�s�nt w�a�+PK�►w1w ia a party <br /> tw�to.at tM sddr�s ot sseh woh P�sML a s�t tath Mnin. <br /> 12.Po�w�r of SaM.lf Uy lN�dx irwokM tM pow�r a1 t�is,tM Trw�ee ah�N Twst rword in tM ottio�W tM tpistw of d»d�01�acA oaxny <br /> wl�nin tM trust prop►tSt a som�P+n or P�eel tMt�of k situst�d�s�otic�o!drisuf� s�r�p t!N irdartnation rpr.iind by taw.TA�TrwtN <br /> shsN atw m�il ce0�s oi tlw noUc�of d�fault to tl»IBorcovw►, to aef+Puson w►ro is�ptarty filf�to.�nd to n�r P�►tons a�prMCrib�d by <br /> apptic�bft uw,- Not Mas than oM month �ft�r tM T�nusts�ncord�ttN notioe af dMwk. a two months if t!»trust pro�ty»not in sny <br /> inoorpasteC utl►a vilt+�i�indp�is wW in farmirg ations carri�d on bY ttw vuciar.th�T�ustw�haM pIw Pub1iC r.atia ot salr to th�prsonc <br /> b�dr.nquir�d bY�FiortNSh�Prot�c��/1�ct.T�sh�oH tM prop�rty�two�Wpa��saNs w��iquir«1 bV�PPM�+��� <br /> TrustN Tw DostDOrw saM of sY or onY R�ral of tM DraD�tY bY DuD1iC�tx�ou�+t tM tims�nd p�ot yNf P��owtV�el�p�Nd a+r, -- <br /> L«�OM or ib d�stor►M a+w W�CIw�BM DroPMtY�t�nY tW. - ---�--�-——�- -- <br /> Upon rtpjpt ofpty�r+w�c of th�pria bld,Tnutw shW�liwr to th�pv�ch�K Truste4's dsW the propa►ty.Th�ndtlNs conaYwd in <br /> Tn�tw's d�b sRW b�pr'ama fsd��vidiM�C�of th�inRh of th�statenwnU contaitr�3�fix�.TnKtw�wll spply 1tM�ocMds of th�taM irt th� <br /> foMowYp adK: W �o�i �xp�nws of tM sslr. inekdin0, but not limit�d w, nasaybM TnntM's t�, navonabM mom�rl/s fw� aad <br /> r:?raMsment taee:lt+t te e!!!t�!!��ae:s»,!4�Sli:.��o!srs�t='�'!z:!!� ��' .-^�.if rs;.�lh.�:!'e!x!�4!_+e��Mwd m►we�.i�r». <br /> 13.FaKlelv�.k�.r+a..�s op�on.m�.a..d ot auss mar a toncas.d�n tt»nw,n«aohe.ar aoayc+b+.aw ta tor.�ioar•�e n,anao.s <br /> on r.�!�coo.�cr- <br /> 14. L�Sr.�reaY�nt�r th�P��N w irr{�ct it if Lsnd�t Oi'ns Borror►w notic�bNonhand.Th�notic�must wt�tfN na�oc�i <br /> cawr��lM�r'�inq�r«�a+. <br /> 16.Cai�nafion.Sorrctiwr to L�tM ot any awsrd a Gakn for��oorrwetW wid�a ca►�a�wwtion or otlwr takin� <br /> ot aN ao m'+Y D+�of tM Pca�priYx�.1 D��d� �w�b�+PD�d as aovid�d in Cown�K 1.Thls�1prw+wnt i�wbj�ct m tA�wms of anY P� <br /> a�a+rity aprNrf�t. <br /> 1i.W�.By�wresinp,anY r�avatlaW�to Lw�. L«b�sas not�conicMr�Ytlr��wntt a��N it��i�ppiris�� ����� <br /> nny nn»dy tpon Borrarra'a d�faWt,l��d�r do�s not w+iw any ripAt to Istw <br /> 17. Jdnt�nd Sw�wG�p�y; Co�siynea: Sueo�on�nd As�iOns �and. /►�dutiw ur�d�r thk dwd of Vust ar�joint and s�wral. Any <br /> 8arow�r who co-�ip�s'Wo de«I of trost but do�s not co-siqn ttN w�g�x lnstn�nMtlN doM w oNyr to,�ant �no oo�w�y tlwc <br /> Barovwr'a YiUr�t in tt»prop�rtY w th�TrustN�x�th�trrrtss of thM a(trust.In ad�tlon,auch�Bartoww aa�r�u ttat 1M Lw�and <br /> �y oth�r 8arovwr W+dK U4e d�W of trwt maY ext�nd, {y a cn�Ni�n'Y othw chWg��In th�tKnw at tNs d»d of tru�t a iA�s�a+nd <br /> d�bt wia�otR that BoscowM'�cotn�nt snd wiqw�n nlwiin0 tl�+s!Hotr�awrr from tM trrnr of V�iaa dw0 a!trust. <br /> Th�dut�s�d 6wli.ts cf tAM dMd of trust�Nall Oind and bw�fii thr succ�socs�fd st�p�+s of Lrid�r and Borcown. <br /> t�.Mo�e�.Uni�a�nquirW 6y law.�nY notia to Borrovwr shaY b�yiv�try 3s9v�inp k or by,aWiM�p it Gy cwtit'»d m�i sd4rsMd 0� <br /> 8ono�w�r rt tl+t DK t sddnss aany othK addnsa that Bonow�r ha��iwn m i.�r�du. Borro+w�►w�l pw��ny notia to L��dr Ey aitiC�w9 <br /> m�il m L�rxi�r's�o++pq�1 of tNt dwd of uust,a w any ottwr addr�ss�ae�tw�dr t�d�aipn�trd.AnY oslw rocin Lo tmdr a1� <br /> bs s�nt oa l�icS�'c a�w�as stst�d on pap�1 of Ntis dNd o!trua� <br /> Any notk�shall b�d�urd to haw bwn piwn to BwrowK a L�nde wlMn piwn in th�marrw asat�d abow. <br /> 19.T�(r of 1M lR�ty a s fNfMeIM M�antt h tlM�orroww.H M a any prt of tlw pop�ty a�ny k►taMt:n k k sofd or trsnihrnci <br /> witt�out L��'s pria vwitbn eorKwrL l.wb�r msy dwnsnd irtwrndiat�p�ym�nt of tN s�cund d�bt.L�nQK n�+Y atw d�e�w�d Inrrwdist� <br /> yiyRMRt iI 1'hl? $OftO1NM' ff(WL �MtJq{ pOffOfl�flCI Y bOtN�FC1�1 k1�MQtL;ft lh!BWtOWM 1!!O� OI VM'141MI�d.FiOMNVM.L�ridu may+a�t <br /> dwswd payms�Kt in tn�abov�siiwuww i�ii ir�oi�iwiaiG i+y fiGiw�i�iw iw 4t a:Nr fiiii 414`wo CwY�0?tio�ii. <br /> 20.R�oorw�y��n.W1yn tM obl�tb++s�cur�d by tlW d+�d�t truat hu bMn pald, and l«W�r Aas no furtMr oWipatkn to mak��dvanc�s <br />• und�i ttr in�trwnw►ts otspr�++�ts sKUnd by tHs dwd of uust,tM Trusts�shtN,uPOn writtm tpuat bv tM L�nd�r. r�onwy ttw trwt <br /> �ropwty.Th�tsrW�r shsfl dNivN w tM BarovvK,a to Bonoww's tuce�eor in int��a.t!w vu:t dwd�e+d th�not�a otfw�ridmw of the • <br /> 'aWip�tion w ssiisfirci.Borrow�r ah�M wv�ql r�dasion coass. <br /> 21. SuoeM� 4nnt�e. l�. �t L�ndw'sop�bn, m�y nmow Trustw and �ppoirn• suea�or uu�tM by first, m�ilirq� oopy of th� <br /> wbstitut7on of trwtN w rpuir�d by sppficabis taw,u�E th�r►,by f�tM wbsuturio�of uusts�fa r�cord in tM offi�w of ttw rpistw of dMdc <br /> of�ach councy 9n which tlw wst propety,u wh»prt tMnct,is atuabd.Th�succu�or tructa, wiMout conwyana o!th�AropwtY,s1�sM <br /> wecNd w�II th�Dowu.duti�s.a�WwNN and YrtN ot tM TrustM�art�in th�da�d of trust ard o!rry�ucc�aaor VusW. <br /> {o�Y o12J <br /> �MNtPIi iViTWC.MC�.ST.CLC11D.IW iq0111-�OOJ�7-7f�11 FOM1 OC►�YTC.�ME u19A1 <br /> -,,:__:_..�:�..:.—._._�-----.._._..�..,.__„---���...-,��.�-----'----—.—....:..rcR..-.�.,—.y,�,,;-- —_ - a -------. .. ... <br /> _. .._ . _.�� <br /> • . . -.��� <br />