|
. . : . .
<br /> r
<br /> -.J..�_.\�: . . � '_4.�.C. - Y_".• � 'GL�. 'V`. _
<br />_ . .��t_ t-_�"q. . _ ' ' L. . Y G^ . . � . . �. �' _.- ( ._.. _ -, .�, ..
<br /> . r. _ . _.. .. ,, '�t F. ,. . ,. _ . .. . ... _ _ . . .. . �'C c��'. _ . �� ..... . � . .. .. ,r . . 1 �-�-F'. _ _L '- .., .
<br /> . _ � i ` � r � °� �` ,.e'.` ' . . � _ ` � - . ,�` . � Z. �` - ... . a�� � • .,� �.,f 3�L .
<br /> , ` -4 i-. 4 � . ` ' . . _ ` . . k �, a ' . ,�. , , ' " ,. ( . 4 . ` , t..Q}:f .
<br /> �c` .. � .6. . ` _`._�__`t--�_ .`t_,r.�, "`�< <..._._..n.4..r—i.__ + �..�� � _ . . ,� .. , .._ � .�_._.e�_.�_.��. . _ � %� ... . .
<br /> . . . `_ a ' r
<br /> - ., , • , , •.e .
<br /> - �. � .. C. . . ' . .
<br />'_ _ ✓ .. � ' - ( .
<br /> � ' . . ' . . �f.,.
<br /> ��� ����� •t
<br /> � � - �d aay right of set-off,couater�ela�or other defeose whicb exists against such sams aa�tt�e obligations of this � . , ' ,� `.''
<br />_ 5.-`"}^�"' Instrumem and utaching tnie.oorrect and complete copies af the Note.this Ins�umeat a n d a�r o t h e r L oan .--- . .-- .
<br /> _ . .._�: Dacumeats aad any and all modificarions,amead�ent�and substit�tIons thereof. 1a addition,upon any aansfer _° _'_
<br /> �, or proposed�sfer coat�napiated by paragraph 41 of t�is Instrument,uPon Leader's reqnest.$orrower and ' '
<br /> _ . • � �y guar�wrs or iademaimrs of the obli�adions or tiab�7ities kereuader si�all ptuvide aa esmppel certi�caze to . .
<br />- the Imestor(hereiaafter de6ned)or azry pmspective Invastor in such form,sabstance aad de�1 as I.ender.such � ,.� . �
<br /> � . � I�+estor or prospective Iavestor may reasonabIy sequice. �*.' � . _�'
<br /> _t
<br /> u , ` , 1S. �i'�tJRE FILI(�iG. This Instrament shall canstipue a seciuity agreement and°5xnue filing"as those -,��-` . _ , t�'-'-
<br /> �. �`.
<br /> . . oe:ms are used'm the Uniform Co�ercial Code.and iafo�ma�on concemiag the secauity mterest cneaLed hereby ..
<br /> • may be obta�ed by application to the Leader(s�Party)ai the address speci8ed in the iauoduaiva hereto. ; .
<br /> - � ` '., The mailmg address of the Honrower is also sa forth in the ia�oduc�on hereto. 1lie Bon+ower inevocabiy =
<br /> � ; _ authosi�es the Lender,without the sigoauue of the Bonower,to execate aad i te aay�g ar coatinuatioa -
<br /> ;-,` . , . • - statement whirh the I.ender deems ne�ssaq+or advisable to perfect or continue the perfectian of the securrty °.: n•
<br />=_�-�_._-- - : interest g�hereby,or w presetve aad maiataia the piiority of the tien hereof. ITpon ten(1Q)daY9 Prior _-_-- -.-_
<br /> " x+riuen notice from Lender w Bomower,Borrower shaU exeawe and file any fmaacing or con�aua6oa statem�nt �
<br /> •[ � ..- which the I�ender deems necessary or advisab2e to per6ect or co�e the perfection of the securiry interest ... _ :=-
<br /> : en
<br /> �` . �'���; granted herebq,or to presen+e and maintain the prioriry of the lien hereaf. 'Ihe Bormwer,uPon demand,shall -- .. �`—
<br />- � pay,or shaU reimburse the Leader for payiag,aay and all costs and expenses fram t�e to ame inc�ur�d in �
<br /> . ' cormection with the preparadon, execut�on and&ling of at�r sach statements.�d till payments made by t6e �,,:,
<br /> ,T-..
<br /> � Lender shaU be a lten oa the Premises and shall be deemed secaced by tbis Ins[�ment. The filing of snch � ;-1.,;.•`--
<br /> . � _
<br /> '- _ .... : _ statemeats shalI under no cua�stance be construed as uupairing either the l,ender's ranedies or the psioritq of . .. -:=:,�:
<br />� . . . . .;j the mnrtgage lien granted heceby,and the Borrower agrees that all of the coltateral is,aad at all time�s,for all ., - _ _.
<br /> y,,. , , purPases and"m all pmceed'mgs(bntb legal and equitable)shall be,at the e2ection of the I.ender.regarded as part � "`"-�--
<br /> . �° of the real estate covered by this lasuumen� � s�;•`�-���
<br /> �. ��°
<br /> . - . ' 4 �..c��- -,�, -
<br />, � . ,i 16• �47 Qr silL' sA�iL•i�i i. As used 'm this paragrapT� 16, the word �IBaSB� 37fiW me� ' ' - -_—
<br /> .. "sublease"if this lnstram�nt is on a leasehold. Borrower s�all comply with and observe Borrower's obligations ���•;y,,;
<br />- as landtord under aU leases of the Property or any part thereof. Borrower an�uot lease any portioa of the •.'.:��
<br />-. . � Property for nag-residential use except with the prtos wriuen approval of Leader. All renearais of leases and , � _ -
<br /> -• • . proposed leases shall be in wridng and shall provide for i+eutal ratea or reglstration fees coraparabk w exfsmtg ' '-_.
<br /> . . ,. ` . tacal market rates and shall be arms-tength transactions. Barrower shall be required w obtam Iender's consent, . ;�i�=
<br /> ; ; � ` ,. � which sball noi be unteasonably withheld,for any non-resIdentia!lease aad sub2eases at the Property. The • `��''
<br /> • . ' request for appzovat of each sach pmposed tease shaU be made to Leader m vurlttn�and Borrower shalt fumisb : F � :.
<br /> to Lender(and anq toan servlcer specified from time to time by Lendes). (i)such biographical aad financial � .. _ _.
<br />, , . . infom�ation about the proposed tenant as Lender may require ln conj�mction arIth its review.(ii)a wpy of the �
<br /> � • proposed forw of lease,and(iii)a summa�+of the matecial terms of such pmposed lease('mcluding,wIthout '... . - � _
<br /> �`�..;: � - . limitation,rental teims and the term of the proposed lease aad any opdons). Borrower.at Lendet's request.sha11 ' .. _�
<br /> � furnish Lender with executed capies of aU teases hereafter made of aU or auy part of the Propetty,and all leases
<br />;-,��:.� �_ naw or hereafter ente:ed'mto w1U be in form aad�ubstaace subjea[o the appmval of Lender. All teases of the . . _-�-
<br />.y' . � �� . Progerty or a separate agreement in recordable form and subsrance satisfactary to I.�nder shall specifically .
<br /> . provide that such leases are subordinate to this InstNment;that the tenaat suoms w Leader,sach attorament w . � .
<br /> be effecdve upon lxnder's acqvisidon of titte to the Property:that the teaant agrees to e�ecute such further .
<br /> • evidences of attomment as Leader may from time to dme request:that the suomment of the tenant shall not be � �
<br /> , • terminated by foreclosure;that in no event shall I.ender,as holder of this Insuument or as successor laadlord, . � �
<br /> . • be liab2e to ihe tenant for any act or omLssion of any prIor landlord or for any liability or obligaHan of any prIor . ' •
<br /> tandlord occurting prior to the date tl�aat Lender or any subsequent owner acquires tide to the Property:aad that � . , .•
<br /> �•; Lender may. at lxuder's optioa, accept or reject sucb attoraments. Except as otherwise provided ia this '.
<br />"���" ' paragraph 16.Boaower shall not.wlthout Lender's written consent.execute,modify.surrenQer or termiaate, � .
<br /> . � either oralty or in writing,any leaze now exisdng or hereafter made of all or any part of the Property providing • ;, •
<br /> „r.,. . for a term of three(3)yea:a or more,permit an assigna�ent or sublease of a lease without Lender's written . �
<br /> � i. Muml�Oe�dat9YwbA�m000lQm�.6ecmhfAOe�ntmOlfam�iL�(Php10oJ16)
<br /> �D�1f+��8tr�cQ�41tf�0.NeDnr�o • .
<br /> .l .
<br /> sI
<br /> . 1 , .
<br /> � �
<br /> . � . .
<br /> . . • . . ,
<br /> , . � � � . .
<br /> ,� • , � � >' ' � � —_
<br /> �•. :,. " . ..?�--.zx- �'�'., i
<br /> i..;. 7a�+ �'-.�i•�e. i �a�.Y -�•..�.-
<br /> ..-��Ir� , •' . " '- . . i o� ;4 t�: i .
<br /> .... ..1 . . . - _. .�t . .... � . . .._.. �1• . ..•. '•l . ... . .. . . .��1:'... . f .... .u._ . _. s��. _. .'1. 1 �.l-�._..• . ...t:r-... ..'.5.._-... Y �=�Y.�t_.-L:... ..._.i...,... ...
<br />
|