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HomeMy WebLinkAbout0939 ~our~ ew~t•, ir .rn?, ..in tn. rr~r peovia.d ~.+a.r p.r.qea~n t n.r.et ar. it not p.td ~.uoh .~+ss. e~? ~orsawr P~• ~n du~, d~s~.tly to !1r py~w tMr~ot. ~sse~o~+~e ~11 psa~p~tl~r ~ua+Lh to L~r~e .all natia~ ot rount~ dw un~s thi~ p~tpriph. ~mi fn tIN ~~t loetcws ~1+~11 ~ p~rR dls~ctlr~ tbssaas ~I+~l ptorp~tl!? tu~h to t~e s+aipts wid~no~~ Md+ pa~rw~t~, Raerwwe M~ll Pea~Ptly di~ u~n iAioM h~s peice~ty aw~ thi~ lna~elty i~tru~~ti ho~sw~r, iostawr NM11 noR 0~ t~quirtd to di~e~q~ ~ w~ch li~ ~o 1«g' eo:evwr: c.) .h.u aqr« 3n ~iano to cn. p.~«~t ol' w obllo~.ti~on ..o~r.e b~? ~ph urn in ._.rn~ ; acapt~bl~ to L~ndisi (b) ~lMll in qood faitMi oontNR woh li~n b~?, at' t~fin0 ~t wKoco~~! or sid~ ~i~u ~ i i~r 1~1 P~~ M?ich in t1» apti?i~on ot L«~d~e ap~e~ tA pr~wn! th ~ntocoi~~R ot th~ li~n ae toefiitur~ or th~ Ptap~rty a~' P~'t ti~r~ot; pr .Ic) Nwll s~ue~ ha~ ~ laldu o~ ~+oh li~n an qr~t in a ro~ ~ j s~ti~t~cto~r to l~ •~bordin~Rinp auch liw~ ta this s~cuei~t~ ~n~tsur~~t. , . i # I~ L~r d~t~twinw tlNt all a~ry psrt of tl» Prap~tty is ~ub~et !o • li~n ~hich ~r ~Rtain a pelositr a~r ' this S~curltr Irntru~e~t~ l~~ ~hall yiw s~co~wr • n¢tfa idmtirying wd+ li~n. 8~rowe ~~Mll~ siti~ry weh ~ li~ ce tala on~ at. ~or~ o~ t~ aetions s~t fotth ~bov~ ~dthin t~t dhrs at th~ Qivinp d th~ ~oRic~. ; C~ ~I~f~ ~ . Unitot~ Cov~nt 1~ of th~ S~cucity Inattu~~t is wsrd~d to ss~d M~ollawst ~ . . 14. Nrti~o~. Enc~pt tor rqr notic~ r~quir~d unOss ipplic~bl~ lrw• to b~ siwn in ~nothsr ~r, ~rry nat~ . to 8orra~s providsd foe in this 5«.~utity In~trurnR Mrll b~ 91wn b~r d~livtrf.np it at I~ilirq it b~? tisat claa ril. to 9ore~a~r ~R th~ Psap~rtr Adde~ ~ aR ~ dh~s ~ddn~s a~ 9o~rows ~r ds~igrwt~ b~r notiw to l~r ~ prorid~d h~r~in, and (a) s~? r~otios to L~nd~r ~h~ll b~ qivsn b~? tisat el~ Mi1 to L~r's ~dd~r~ ~tst~d Mriin ae to sud~ ath~r addr~ as L~r ~r disiqnst~ b~r rotic~ to Borro~r a~ peovid~d h~r~in. M~r rotica ' pro+?id~d tar in lAi~ S~cueity Inatru~t ~Iwll 6s dr~s~d to Mw b«n 9iv~ !0 8arro~t or Ls~id~r ~ qiwn in th~ rr~s d~sigrwt~d hrrein. ~ p. IN~~1 3~Tr t~i~JIT; ~'N111~i LNI; '~E~I?Y ~ Unifosw Covawnt 1S ot th~ S~.riritY Inetsu¦Mtt i~ a¦Ndd to i~ad tolla~: ; 1S. Ilnifi~s ~ortitr Lrla~~Ri Wi ~s to~ o~ S~ouritr LNtruMnt cabins~ u~itora ' ~ ~ovawnta fac rnkla~al uM ~rd notwnitoss cov~ ritl~ liaitad v~riatians b~? jue~~dictian to ca~wtitut~ • u~iforw ~scuRitr intsv¦s~t oo~rsri~g rMl peap~rty. ~ lhis Securitr In~tru~~t ~hall b~ qowrn~d b~r f~ral Lr+ X ~nd tlr laN ot th~ jurisdictian in M~iah th~ Prap~rtr is loc~t~d. In t!w ~wnt th~t arry provi~ia? oe claiuN ot - thia s.aaity insts+a~«~t a: !h. Not• oontiicta ~dth .applicabl. i.w, wch oonfi~ct .hali aot af~ict c~thsr ~ proviilons of lhir S~curitr Instru~s~~t ae th~ Nots M~ich c~n b~ qiv~n stt~ct ~d.thout ti~s con~lictin~ provi~icn, ~ ~nd to thi~ ~nd t~» peovisia~ of thi~ Sscutity L~etrt~it and tht Nol~ ~[s d~clar~d to b~ swstabl~. ~ . ~ E. T~AIpFER ~ TIE P~iY Q A~SI~ tNiF~ST DI !~Q i s ~ ~ uhiror. co~?«Mnc 17 or cne sscuritr In.ts~.snc i. ...nd.d to retl ro11oM.: i - 7 17. Ts~ie o~ tA~ ~t~ety ~e ~~3eia1 Lt~ewt iw ~era~wt. If ~11 ar arry p~tt d th Prop~rty oe ~n ' intsrat th~rein is sold o~ transte~red (oe if a bsrnticial intsrNt in 8orso~e ia ~old ar trarnttrred and 9orronsr ~is nd. a n~ur~l psr~on) rittwut Lend~s'• prior ~eritt.~n oorwsr~ts L,endsr ~ry. at t.e~dsr'~- aption. dscl~r~ ' all ths su~ a~cursd b~r thi~ S~curil7r It~tn~ent to bs i~didaly due ard pa~?able. Ho~wwr, this optian ~11 rwt bs eocsrcissd bs? L~der is eecerci~s L not author~zed b~r Fedsral lar. - If Lsrdsr sxercias~ ~uch aption to axslsr~b, Lerdu ~l Mil 8artorsr notic~ of accelsr~tian in aocord~ncs ~ rith Pa'agraph 9t hereot. Such notics ahsll provid~'a psriod o~ not la~s tl~n 30 d~ys tra~ th~ d~te ths notlc~ ~ L~ailed Mithin which 8orroMSr pa~r ths s~ar dscland du~. It 8orsaiar taiL to p~r wd~ wr priot to the ` expirstion of w~ch psriod, lsnder ~r, ~dthout ft~rther notic~ oe d~rd an 8orraisr, invda nry r~diM ~ p~r~itted b'!~ para~Raph 18 Mreot. _ ~r NotMith~tandirg a sale o~ tran~fer, 8orra+er +dll oontinus~to be abliq~t.~d udsr Eh~ Note ~nd this S~ouritr I~tru~snt unlsss Lendsr !w rsleas~d 8orroNSr in +rritirg. . ~ f. LMw CI~S - ~ If the loen sscured b'r ths Securitr Insttu~snt is sib3ect to ~ lr+ rt?ieh ~sb ~nci~u~ lo~n d~args~, ~nd that l~w ia tin~lly int~rpreted ~o tlwt the intsred a~ other lan ctwrqa~ collected ae to b~ coll~cted in corrwt.tian with ths lo~n eotc~ed p~r~itt~d liaita, tl~en: (1) an~r sud~ lan dnrgs st~ll b~ raduc~d b~r ths rotr~t nsee~ssr to rsd~~ ths elwrq~ to ths p~r~itted li~it; ~nd (T) anY ~ur alsetlp coll.~ct~d trow Bosro~+u rhid~ sxc~edsd psr~itt.~d li~ita ~dll b~ r~fuidsd..t~a. HorraNr. Lend~r ~t dao~~ to ria thi~ rKu~d by t~ducinp th~ peincip~l awsd uid~r ths lbtt ot by Mlcin~ • dirett pa~iR to 8or ~raMS. It • returd r~rce~ principal, th~ reductian Mill bs tssatsd as a p~ttial psep~nt undsr th~ !~bt~. ' ~ • - ~ G..,.; DI MI11~9i ~esawe Ms w~ert~i t~ A{~til~ R~b R~ie. ~ ~ . S~i:~~~J~ , ~ ' ~O ~ ~ . ~ ~ ~ f ~ (~(/ir~ . ~R~ 1 : P2 ~ 1~~a.c~(. Q. c~..~~ R'~. f~deta ~84 ~ ~PR 2b _ - - ~rh a. Nooaa~rd ~ = Fitst C~t~te ~s~, : • - _ sav~n~s & . ~t o A~o R~~~aoFsx~ ~ , ~~iE ~tt1tlHj~. ~t. , , ~ ~ t. C~ , - 4~) s:. ~ r stine M. iiooda -a.re.~.s aoo ~ r~E ~ ~ . , _ ~ . , ~