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Borcowet sbalf �1SO bc iu default if l3otrowu. duria� the i�a s�ppli:.attoa procae. ;�ve <br /> matalallY f�l�e or iaaocurite Gtformuiou or «•.,r�,,,�"'•w L�eader(or f�ilod to provide l.asder witin �uy t�terixl <br /> infoms�tioc) ia oouaoalop with t6e losa evideac+ed by tbe Nate. iacludin�� but cwt Ei�u�I� to. r�pr�srataticas <br /> conceming Bormwu's occup+m.y of thz Pr�pe�+ty ac � p�1P� ��- If thia 5oc�oriry Inuivaknc is oa +� <br /> lesselu�ld.Bocrowa s2uU cotnply witb ttst pcovisions o:c'se lesse. If Bnrrower�cquira foe tltle to the Prope�tY.ttu <br /> kaxlsold�nd fee dde shafl not be mer�al uakss La�er�yy.^�s w the merRu ia writfn�. <br /> f.Cuad�astioa•T'i�e Proteedr of�ay award or c,kim for dsm�ai�dlrec�or coato9ue�1�1���0II�th <br /> ray oo,ndunnatton ar ot�er Wcia� aS uiy put of the P�o�xrty� or for oonveyaaoe ia piace of ao�demnuion. ue <br /> bereDy iuigaed s�ad sh�ll be psid to Leader to�r� �ly���°g���u°� f�� <br /> �uder the Note aod thi�SaxuitY iu�rum�t• y� �mouacs +Ppliod ia the oida� pmvWed ia <br /> uader tl� Note �ad tt�it Sa.vriry Inurumeat, first W �ny deliat� <br /> par�capb 3.�ad thea w pnepaymau of PrixiP�l.Any applicatloo of tLe Procoeds w the priacipsl sLaU not e:tead or <br /> postpone the due due of tbe moathlY P�Y�s�wAich ue refd�red w ia pus,grap�2.or chan�e the amwwt of sucb <br /> PsY�• �Y�Proo�i�ova m�nwuat re4uind t°Pil'all o�+��i°�0�°uader tbe Note and tbis <br /> Socurity Iastiumeat sh�tl be psid to tl�e eadry k�aUy eatitled tbereto. <br /> 7. C�es to Bat+ower sod PenteWoo ot Lm�er's I�Ats I� tlie Propa'tY. Boirower shall pay a11 <br /> govetameat�l or m�aiciPal ch��s. fio��1�UOOi thu ue not �aclud�ed ia pu�rapb 2.B�rrowa shall pry <br /> tbese obltgatioas oa timc dirxtly to t6�eadty wbich is owed the p�yweat. If failuire to pay waild advenely affxi <br /> i,eader's iacri+est �n the ProQertY, Wxan 1�a�der's ro4ue� �n'Ower �11 Pmm�t1Y fu�ai� w Leader rooGipts <br /> °���wy�s or the PaY�.+�Q�bY P��2�O1 f�ils to perform any ot3ser <br /> If Borrowa Eails to malce these p►ymeat: that mzy signtf�caotlY <br /> ooveasnn and�grameats coataiaed ia this Securiry inun�ment�or there 1s s kgal pr0000dia8 <br /> affax l.ead�s's t3�Lts In tLe PmpertY(wch�a procatin8 in baak�uPtcY. for oondemctatlon or to ezfora la�av�a <br /> regul�tions)�tlyea I.eader maS'do sad PaY wh��+��Y t0 P��valtie of the Pcopaty and l�eada'� <br /> ri�Ita ia the Propaty,includia8 P�Y�of w�es,hsxard insuraoee�other item�meat:ioned in par�tgr�2. <br /> .4ny aaoaunta disbossad bY Lmder anda�tbis�gr�ph shall bocome aa sdditlaaal debt of Bormwa aad be <br /> :ecured bY tlus Sa�sup Lns�n�.4Uae amouats sh�ll bar i�aurest tmm tLe date of disburummt. at dx Nou <br /> iate,aod at tLe optbn of Ireader.sisall be immedi�telY due�od WY�bk. <br /> Batn�xr �11 promptlY di�cbatEe u►Y liea whicY l�as prl�over this Sauruy In�umm�ualas Bo�mMer. <br /> (�) �8�y��g� t�e pay'°°mt a�f tbe obliYation:ec�urd by tLe llea ia a m�naer �to I�eader: N) <br /> a000nts ia 1COOd�itb tI�o liea by. or defr�ads aYaiast eaf°roemeat of tLe lie��, lesal Proceodin�s a'1� ia tbe <br /> . _. __ tQ tbe mtorcemeat ai tae tim; o� iej �w•� � � �.••u••�f •�'• �i•,•"• -- <br /> �,_ °�� �,��n�tbe tlen a tbis Socurlry Iaun�nt.If Leac�er daramiaa w�c a�►gut <br /> �� ova tLic Security ia� 1�eader mi3► S�ve <br /> of the Pcopacy is snbjax to a lie�a a�icb maY au� P�tY <br /> � B�,.--cowa a�ntice identiifyiag the liea. Borrowec shall satissfy the liea or take aae or mnre cal t���et focth <br /> . above vxithin 10 days of tLe giviag of aotix. <br /> S.F�a.Le�der m�'oollecx fea aad cbsrges autborized bY the Socr�uY• <br /> 9.Ge+am�eor AoceknBa.ot Debt- �by the sxretary�im the caie of paymeat . <br /> (y De�a�t- I.ead�er m;y. esapt as limitod b}'re;u]�tioms <br /> def�lts.ro9uire immediate WY�ia full of�ll suma secured bY tl�is SxuiitY Inu�t if: <br /> ci)9ocro�rer aefnilt�uy tailln�co pay ia fuu�ny moothlr Pzr�m4�b3'��'r'�Y�0�'�` <br /> peior to or oa tbc due date of tbe nea�t moath��►paymeat.or ns cont�ined <br /> (ii)Bo�mva def�ults by failiaY.for a periocl of ttiirty dty�,w pr�E�m mY�'d��° , <br /> in tbis SenuitY Iast�umeat. <br /> N)S�ie Witb�t Credk Appeo�al.I.eader�sll.if Peimitted bY apQlicab�e law(irscludia8 Sectioa 341(d) <br /> of the Gam�t. �'x�main D�o�itOrY ��of 1982. 12 U.S.C. 1701j-3(d))aad witb the Friwr <br /> � spprov�l�f r�Sa7da�►,nyuire immedis�e WY�ia full of�ll swas socured by clils Securtty'Tamvm�t <br /> if: <br /> l— <br /> . . �4AiN51 paau vw.4 a a �� <br /> . _. — -- –�c�cti��Y.a�.uwx��,. . <br /> -- ____— ___—_—_—ieo:�]��iti2�Q_.. <br /> __ —_---�?���fEG!�•�pa-a�xw — <br /> =����� �_ _�.m�wa-�r�Y�-�,�_ ._ — — <br /> � ��.ro.��t��t'' - •��T:��, � -- -- <br /> 14 <br /> ------� --,�-.+c�'.- ��J`i't��'t•.%��!�--_._ — <br />