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�_ <br /> � ~�_ ,: . . > ------_—: ` <br /> �a . . -_ __-. T.�3�_ <br /> . _�� <br /> Eorro+w�"s Narow�ocow►t undrr�ha 1�d�ra1 Rril EstaM Saabrtwit Proc�du►a AN ot 19T�s as ��R� W tN�. �Z e w'a <br /> 1dQt�t sW.1����1��i ar+otl+�r rw H►at�DPYw ta tM Fwws cWt a lussr�rnounG M so.UndK n►�9, at�ny t+�w.corrc : <br /> nol�i Fundi h�n�nwu�K rtol!o�res�ad tM I�s�r�s►oun�. Land�r�y MtaW�Uw w,�:unt ct Mu+d= dw on th�b�sl�ol cumw►t dat� <br /> and tMSOnati4 Mty�a1M of�ndiurM Of lufuh Eserow k� or olMtwl�a h�CCOrdanta wkA�pptiCabl� Yw. _ <br /> TfM Funda sAsN b� fM�d in �n hstkulbn wAost d�poilts w htund bY o Md�r� apw►cY� tntbum�►IaYtY� 0� ontity (hc�udtW <br /> lM�dr. Y Und�r It suCh in ha�fa+tb+►1 ot It u1Y F�dulll HWn�Loan Bank. l.�nd�► ��ro� sCCO�t+�Q`�0��t'�0 ttw EiCrow � <br /> l�nda n+�Y cat c1wp�Barow�r for hoWY+Q�nd �PPM��Fund�.wwa�y anays+�7 - <br /> lams,unMet l.�nda P+Ys Barowu hMiwt on tha Fwbs and aapliCabl�I�w prnni�l�nd+t to av�w such a chu0a. FSOwwK,L�n3K � <br /> eyy nquir�BOrtO�wr to paY� On�tYn�cAarpo i0r�n Ytid�p�nd�M►M!�ttaM Wc►apo�thp s�n+ia usad bY LM1d�r I�ContwCtbn�rith <br /> tMs b�n.uni�s�DP�r Hw ptovW�c odwvri�l- ti�L�aa��ap��a:.�.�i k ���PP��rw�+�MMns!to W pW.I.�r►d�r <br /> sAay not b�nquirW lo WY��any InMtw!or Mrr►InOf on tM Fundn.BarowK�nd L�ndu maY W�M h+w+�W howwr�r.thal <br /> M►MrMt � b� pafd on th� Fund�. L�nd�r sNaM p1� to BortowM. wthout CNtp�. �n �uxw�J sGCWU�t�W ol thv Funds. shOwirW <br /> Cnd�ts�nd d�bk�W tM Funds w�d tM pu�pos�lor wtach wcA d�bN to tM Fundt wai rtrd�. Th�Funds an pt��d as sdOtWna� <br /> ac�x�iy fot all wm� �acutrd bY Wt S�cu�b Mulnun�+t. <br /> H fM Funda Mid DY ��nd�r�eocrd fA��e+w�x+ta D�mk�d to b�Mld by�PPicabb Itw.l.�nd�r sl+all account to Bortow�r tot ttw <br /> we�tt Funds t� �ocord�nC�wkh tM hqut�t�W�POk+bM �w. N tM unant o!th�Fw�dc hald by!.�►dw at anY thw k nat <br /> wMaNM to paY tM Esaow tMms wtMn dw.lM►dr nry so►wtYY BorrOwu In wrth0. � o moh tlw� tw�1w n+onthb A�Y 1.«►cMr <br /> th��nw�rst n�nswl►Eo ark�uP tM d�MicMncY. Borto�w�r shY an�k�uP th�dMfciM�Y <br /> {+M���ob diiCntfon• <br /> �P�Y�In W ol ar wms Wcund by thf�S�curtY IntbunwW.L�nd�r�haY P�omOly rW�utid W BorrowK�nY Fundt h�id bY <br /> 4ndK. IR und�r Panpnph 21. I.�ntM►M�acquh or aM NM PropKtY�L�nd�r�Drior to tM sCQukRbn or iaM of tM PrOp�ty.sheY <br /> appy�ny Funda Iwid Ey LM+du at tM tYn�W�c4uWtb+�ot tW�s�cndR�pat�sl tA�tun+c s�cund by thk Sacwtf►I�ckw^�n� <br /> 3. Applicatbn ot Payenents. Unlw�PP�y�w providq OLh�rwjt�.all WYwrntt t�C�d by L�tdM und�r p�taOnPh� <br /> t �nd 2 tAsN b��PP� �• W anY p'�WY�k��D« dw und�r tM N�: s�e�►�,to ansounts WYabM undor Dan�paPh�tl+ird <br /> W YHM�tI Ow:iourtA�W P��dw:and latt.to�nY Ia�o1wOM dw utui�c ATy hC:�. <br /> 4. Ch�rQa: Wna. B«roww sna� v�y ar ww. ass�anww. ch�+p�s. �s and tnwoskbns �+t�t� w th�arop�nr <br /> wn�u+ �ny aa.in a�r �► cn�. s.e�xer r+sa�+�.n�. .nd w�noa ar�w►u a a�-�•o �,a. w o+y. aoROw« �n.r wy e�s. <br /> oblpWons In tIN 11WyMr Drovfd�d h WnP�ph 2.ot M not P�h tMt�r�tw�.BoROwM ahall WY ttwn on Wfw dinctiy la ttN Mrso^ <br /> o�w�d WY+�M�� �'� tMN Promptty A�nith to L�nd�r d noNeM ol�no�x►ts t0 b�P�undK thk��pnPM. H BocrovMr fak�s <br /> en...ar�a�M,eoROw.r.na�aro�notb�eo�«,an no.p�s«aa�+or+o u�.a•r�+�. <br /> Bortov+�r sIW 0�'�P�N d��'0�NY i�n whiCh Ras D�XY owr N+i�S�curtY hsUu�e�u unbss BonowK:(a)�prMS tn w�tHO� <br /> 1M WY�K ol tM oblp�tbn s�cu+rd by th�Mn h a�eyr�rw�oGPtaDf�to L.�nda; (b)co^Mse+In pood f�ith th�Mn bY. or d�f�nds <br /> �int�f11o�oMnM�t of tiw i1n h.Mp�l Droc�d�p*�+�Ch b t!�LM��cPt►ion oP���P�'��tl'��nforo�rNnt of ttw Ym:or(a) <br /> �ctxrs k0�n tM holdr ol� i�n�n �pnMe�►t saS�c�aY W l.�nda subordiiafir+�1As f�n to Mi�S�cw�y fnstrw�+G M L�n�'r <br /> dtl�nnY+t� tl�t an�l P� of!h�Prop�tY k �++bj�ct eo a i�n wl�ich n�y at9�i� D�tY awr thk S�curlhr Int�^f. Und�nyy qb+ <br /> ea�wu.notlo.idMwtrin�a�.I�n. eomow.r snd utltN►A.w�or rak.on.or mon a M..ouons stl torth abow wtntn to o.rs <br /> d UM plvYip W nOtio�. <br /> 5. F1�Lfd 01' Pr'OpKly I�M�r�1Cl. 8otro�w�r sha� IwP � ��� � �� a Mnaf�r �ncUd on tlM <br /> . � p��y�{y��1tl�t IoY by�,h�i1PQS t1C�10�0:�si�in ii1�wrm-w�v;,,;..;.r�.3�.:, L«"�'�!'�=«se,N�1�dUn�oods or ._ <br /> lfoodU,o,fo. whid+ Lridw nqu�ns Y�rar�oa Thr r+s�xano. MaN a w�+Ralwd „a�. �now�ts ana ar ai. a•�� tn.e un0�r <br /> nquw.. Th.r,.�ranc� c�rti.r aovidtw nu hwnnc.sn.r a chown Dy e«rowr wbj�ct Lo�.�nara�oa��wn�c1+ sh�r na a <br /> u�wwspf�Fjl�l�wthlMid. M BOROwM ids W n�htaln cowap� d�iCrbd �bOw.L��d1►1►rY�at LM1dM!O�tiOt�,obl�is Car�ap�W <br /> prpMet l.�ndwt r�Ati h 1M Prnp�rb N�CCOrd�nc�w�h p�apr�ph 7. <br /> �u rNwanc�a�ana�,.ww�t+.r w.ca.o�+�m W,a.r.no�1 r,c�,a..stu+wra m«twa cYus.. unau sn.�naw <br /> tM Apht �o hold M»DoiCYs �nd nrwwalt. M L�tida nqulrM. Bortow�r aAN promPG�l � �L�ndu Y�cMpts o�V�P� <br /> and tifNwW�olkM. in tll��rMR d ba. BOROw1r sIW�D�W o000�to th� Mfuranc�Ca�ri�r and L.fnOM. Undu maY m�k� <br /> peoo�a�oss r na m.e�orompar br e«rnw.r. <br /> t�+�..s�.r�a��na eoROW.r o�n�w+..+v..� �•+o.`+s�+�+�a�s�a aoa�����^a�a en.Proo«�r <br /> dw0.0.r ai.naontion or nad►is�ca�c�icalA►Naib1�.nd Lana�rs s�axb ts na I�swd. a th.n�to�atta+a npatr k na <br /> �anomiealy iwbb or L�nd�t's waub wa�M! b�Mss�rd.th� in=ureieo proa�d��b��PD� bo th��urtis f�eund bY thk <br /> S�a+rtfl Nsluwnt. wl�Mt or nol tlw+ du�, w1h �r►y Mao�ss pud So Bort'ow�r. N Bortow�r�b�ndom t!N P�op�tY. or do�s not <br /> �nsw�wlhln 30 days • netiC� kaa Wid�r thYt tl+� Nwranc� eartU► h�s ofMnd to sMtl� a d1irt�. tA�n L�r�a�y coYCt th� <br /> irsrur�no� Proa�ba. �rbM arY us� tfw P� � �Y or n�ton fh� Prop�lY or bo WY s� a�etMrd by tl�is S�axkN <br /> YKln�nt.�M�MI�or not tMn dw. 7fM 3adaY PK��b�h whm t!M notk,�Is pi�r�. <br /> un�ts L.nar�na e«row.r on,.rwit..a••ti w�w.�+r•oa�a v�� �a��P+��na.oct.nd a obs�o�.t� <br />- dw an.a u»mo�nh► wr���b eo�n pworaons � a+d�a a�ew•a�•.nwwu a n,.ar�►� u una.r o•�v+�ah 2� <br />— th�Prop�tY fs�quhd bY L�nd�.Bortow�a ripht W anY iawrane�P���P���++�kan d�w�0�to th�P�'op�1Y D� <br /> W ttN �4�on t�hY �ss b W�dw to tl+� �odr►t of 11+� sums s�cund by thk S�aullY Itttfn�nw�t Brn»d4Wl DAa to tM <br /> �QCpl�11Cy� P�'AaMYNbtI. YdflUn�flCe �Itd P�Ot�ECt10i1 Oi VIO PfOPlRY+ �ORO��'t LAQR <br /> A�{{�MIOt�;L!NlM01dt. BonrOwM sIW oxuPY. �tt�bish. �nd its�t!y Prop�rtY as BOROw�s prhCip�l nlsldmCt wlhia sbdY <br /> a.ys.l�.r ui.«.oi�lon a w�.s.our�y�.�a.l+d�a►ww so oxuar��ownr•s eorro+w.rs a�+cpal ns�a�ne.a�.c <br />= i�tt Olf� yM►�IIr t1f� dait of OCWpit1CY� �iiiir:i i.G:.iwr C'S'..."'st'YA L�003 i1 MR�.". M�h �^� sIW not b� ufUMiW�ib�yl <br /> wihMiO.or u�rY�s rdww+�linp d�wnsW�o�s t�d�t vmlch N b�yo�d Ba*ow�s convd. Barow�r sh�11 not d�seroy�d�rtw�p�a impaY <br />— tlM Prop�tty.alow tIN ProputY W dtlwionM,or eommt wat0�on th�PrapMtY. Bortowrr shd b�h dMwt Y�ny EorfWu��Ctlon or <br />= ProeMdinp,wMtltM Giv1 or�xY�at,is Wpun fhat tn l.�nd�s q0od t�ile jud�re�MK COUb nwt h fotf�tt�Of tM Prop�ty or otlwrMris� <br />� nyarfOy t�Y fM i�n cr�Md bY this S�a+riY kutn+�ew�t a L.�nQ�s s�curitl► i►Ir�et. Borrw�w may curo wch a dNault and <br />-� r�insesM,as provid�d h p.raQr•Fn te.by causirw eh�.cuow «proc«dino co b.dkrt�iss�a wkl+ .ruliw thu. in t..nd.rs 000d+titn <br /> dwrmhation. P�etid�e br�+n o1 th� Barow�s Y►tr�st tn th� P�op�rtY or oth�r rt+�bria� imP�i�n�nl ot tfw li�n cnatb bY thia <br />� s.curey w+.Enm+n+c or �.nars s�cu�n h�- eoROw« :nar afw b.h a.F�,k r aoROwor. ax:w u�. ban .aa�•�^ a«�• <br /> = Op� malui�rY 1�7N or Y+eocaxrM Ntomxti0h w stahrt+mts W I.�nda (a fa(Md to D�ovid� LM��r wih InY �1 inforrtrtion) in <br /> � Ca+n�ction wih tM bon wid�nad by th� NoM.inck+di�0.but not fi�d W. np���atia+�co�r►hG Bortow�f:oca+D�Y of th� <br /> � Prop�ty ai a P��� �M�� N Wi S�rxxitY t�strwn�►t it on �MaWho14. Bottow�t shal comV1Y wZt► a� th�Pr�vic�Ons o1 ilw <br /> M,,.. a earo�w aea�rK w.m.eo a�s P��v«ir. th.Maa�hoa .�o ai. w.c�t. stwr �oe m.�w��,• � �co tn. <br /> rw.ao�+�roo <br /> � ��� <br /> � F102lLAIO(TlOq Raps 4 01 i <br /> Nt <br />