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<br /> ' '��"�'� 9.All future edvances from BeneB�:iary to Tnistar or othrr,eiture oblipn4ions of Trustor to Benrficiary under any _
<br />`"""`"''�'. proml�u�ry note, contr�ct,guuAnty,or oth.r evidtQS�of,d�t executod by Truetor in favor of Benefiaiary ex�cutai
<br /> .�•"�f4 after�hie Security Inttrument whether or not thi� Secutitp(nstrument Is speciflcally referencod. If r►x�re than one
<br /> •,.,T, �. peroon �i�n� thie Securtty Inttrument, each Tnatat +�ras th�t this Securiry lnstrumcnt will secure all fuhire
<br /> --.-,., �dv�nces�nd future obllg�d�nt th�t�re alvrn ta or it�c�u rad by my one ar more Truet�r.or any ona or mara Ttuatar
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<br /> , , and others. All futur�edviuvr�end other futum obli�;at�nrt�arr:secured by thiR Security Inrtn►ment even thaugh�il
<br /> or psut may not yet be advnnced. All fucure ad���ares��1 �niirrc fl�n�rr,obligedon�are seeurect as if mAde on the dete _
<br />-*�r,���� of thi�Secudty Inttntment. Nathin4 in thiF Security Xnttr►Imsa�t nhnil wnedtuce�commitma�c co m�lce additional or
<br /> � futurc loiuu or�dvmces in u�y unount,Any aad�c9mmittnmt �m+sr,tk nn�reed to in a seperate writlng.
<br /> C.All obllgstlona Truetor owea to Brneflciuy, w�hlc6 m�.y I:�nr arls��. tn the extent not prohibited by law, including,
<br /> but not limited to, lfobilltle� for overdrnft� rerlERin� ta uny dc�,�ortt �ccount agreement betwoen Trustar �nnd
<br /> � - - Bencficiary,
<br /> � D.Ail�dditlotul eums�dvAnced and eape�sea incurre�by Heaeficlary far insudng,preserving or atherwise protxting
<br /> •^ - the Property u�d ita value�nd u►y other sunu�dv�od snd ezpcz►t�incurnd by Brncficiary under the tem�a of thie
<br /> •:'>'• Security Inatcut�xnt.
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<br />_.�.:�•, �� This Securiry Instrument will not secure any otbe.r dr•bt if Be�sflnixry fail�to give any required notia of thc dght of
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<br />'`}�'"`'�''':,.� S. PAYMENTS. TNStor agrees th�t all pAynxtits under tht+SecurrA fJ�ebt will be pald when due and in accordance with the
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<br /> -�'�'`"",�,: term9 of the Secured Debt and thlc Secunty Instrumrnt,
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<br /> 6. WARRANTY' OF 7'ITLE. Tn�stor warrants�h�t Trustar ta or waal br lmvfully seizod of thc estAtc convcyod by ia
<br />°_���'_��-� SecurltY Instrumrnt and has the dght ro irrevocably gnu►t,oom�r.y,amd s�il:thc Property to Ttustee,in uuat.with power of
<br /> _��-.- sa1a.'rin�stor also warrants that the Propercy is uncr+cumberod,axocpt far enc�mbrurces of record.
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<br /> ,:,�.:'='°� 7. dPR[�OmR�S�tUR��IIVTEr�ty ntta'etst�or��rncumb}1rnaco an�iha Prop} doedro�f�`trust��ry agreement or other lirn
<br />-•i;`i�,. A.Ta maka nll paytrxnts whea duo aad ta ptrfnrm or eoinply wlih�11 c��enants.
<br />`=�o��� B.To promp dy deliver to Brneficiuy xnp nutjt�s thet Tructor roc.�iv,�fmm the holder.
<br /> -_:.r�ys^� C.Not to allow aay modlfic�tion or eattmsicm of, cror to reques!a�ny fitture advuices under nny note or agceemeat
<br /> -"-�� socured by the lien dceunteat without BEnsficiary's prior wnttea coaseat.
<br />_ '"--�°�?� 8. CLAIMS AGAIIVST TITI.E.Trustor will psy all taxes,Assesscnrats liens,encumbnu►ces,lease paymsats,ground rente,
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<br /> ;_�:.��� utilitiea,and other chacges nlating to thc Froperty whca•due. Htac�oiruy may ra�uice Trustor to provide to HeneBci�ry
<br /> =��%;��� copid of�ll notloes thac euch amotu►ts ue due ux1 tht+rn�i it�.cricittacing Trustor s payment. Trustor wlll deferid tifle w
<br /> -��:�.�:.:�`' thc Prope�ty a�ainst anY clums that would Imp�ir tha �i��nf tUls Security Instzument. Tivstor agraa co asei to
<br /> th
<br />_�_„�— Benefic� �as rajuested bx BeaeficiACy�any rights.cS�ms ar ddattses Trueiur uuiy liure i�ui�i pui�ics wha s�gpSy :bor
<br /> -,-�:r�;;,, or mated�a to muntain or unprove the Property.
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<br /> '=�`��°' 9. DiJE ON SAI.E OR ENCilI1�RANCE.Beaeficiuy mxy. at�ts o�tion, dalarc the eatin b�leaoc of the Secund�eb{to
<br /> �_-°�-._ ..,.:..,..,.,�,...�..a�:��ww�.wF;�...�.,, rh.��•wt�n�f �r r.nntrarr �r ct►c crc�tion of.env lien.encumbrance.tran�fer or
<br /> -os:+E�l�� w uu��wti�w�..J l�J• ..r__. .
<br />.__�����, sale of We Pc+opetty. �his ri t is subjaK to tho restrictions Imposed by federal law(12 C.P.R. 591). as applicaAle. 11ils
<br /> �.��.��-�� covrnant ehall nw with the�roperty and shall re�t�xin in sffect until the Secund Debt fs paid in fiell and thia Securiry
<br /> _—,-'�;� In.strument is released.
<br />�us,,n.;�,� 10. PROPERTY CONDITION, AI.T�RATIONS MID INSPIEC7TON.Truator will keep the Property in�ood conditioa
<br /> -- �nd m�le �11 aira Wat are reasonabiy nocessary. Trustor shRll aot wmcnit or allow any waste, impairmeat. or
<br /> —��� deurior�tion of�e Pmperty Tcustor will kap the Property froe of noxious wads and gcassea. Truator agrexe that the
<br /> • nature of the oceupancy-nnd use wlll not subctuitielly change wi�hout Beaoficiary's prior writua consent.'Truator wlll eat
<br /> peanit eny chaage in any license,restrictive covenant or easemeat without&aeticitry'e prior wtitua couu.nt.Truator wlll
<br /> ,��; notify Beaeficlary of�ll dea�ands, proc�lt►Bs. claims, and adioas against Tcustor, and of Any losa or dam�e ta the
<br /> �ny.
<br /> — _ Aeneficiary or&neficiuy'sagents may,At&neflciuy'a opdon,enter the P[operty at eny reatonable dme for the
<br /> "'� of inapectwg tl�c Property. Ba�eflciuy shall glve Trusror nodoe at the timc of or before aa in on ep ing a
<br /> reavonable puspose for theinspectioa. Any inapocKiun of the Property �hell bo entirely for Bene clary's b�
<br /> --— Trustor wllI In no way rely on Beneficixry s inspa,tion.
<br /> _�,-�.� 11. Ai]17iORTi'Y TO PERFORM. If Trustor fails to pedo:m any duty or any of the covenaats containod in this Securiry
<br /> -°--� . Instrucr�ent, Beneficiary may, without notia, perfonn or cYUSe them to be ormed. 7'ruswr �}sointa P,eneflci�ry�a
<br /> z,�;;� attorney in fact to sign Truaror's name or pay any tmouat nocet�aty for pertom�ance. Beneficiuy s right to perforrri for
<br /> Tn�stor shall not create an obligation to perform, and Beneficiary's fulure to perform will aot prxlude Heneficiuy fmm
<br /> -`�"�� ezercising aay of Benefictary's other rights under the law or this Security Iastrumeut.If any wnauuctioa on the Pmpert�r
<br /> 'w=,�z� t is discontinued or not curied on in a reuonable m�mer, Beneficitry may uke al1 steps nvoesauy to pmtect&neficiary s
<br /> >,:mrir�';�r � secur.i�y lntecest in the Ptoperty,including completion of the conuncction.
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<br /> -�=_-:��� � 12. A35IGNMENT OF LEASES AND RENTB. 'Cn�stor irre,woc�11Y graats,conveys aad sells to Tnista, in auat for the
<br /> ��:- beaefit of Beneficiuy,ae addition9l security�11 the right, ritle sod interest ia and to eny and all exlstiug or ti�ture leaxe.
<br />.;.�;s:���~:^' 'r sublease�,and any other written or verbat agmemenu for tha use�nd occuptacy of aay rtion of the Property,including
<br /> .., � •.� . aay extcnaions,renewals, modificuions or eub�titudons of such ogramenU- (all ccf�o u"Ixases")and reats, isauea
<br /> - ,;.. -•.�� and profits (all refcrrod to as "Rents"). 'IYustor will prompdy rnvide Bea�ficlary with uue and comxt cop�ca�of dl
<br /> '::i�:. ��. : . exisUng and fiiture L�eazes."IYustor may collxt,receive,enjoy �use the Renu so lot�as Truator ie not in defau]C unda
<br />__ ' •�• � � the temis of this Secudty Instrument.
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<br />-':.`-.:.,�,�� •- Trustor acknowltdges that this assignnxnt is perfected upon the recording of this Dad of Tcust aad that Ben�ficiary is
<br /> --� '" `'"` endtled to notlfy any of Trustor's teaAnts to make payment of Rents dne or to ba�me due to Bencficiary. Howcva.
<br /> ;�:' ' Beneficiary agras thet only on default will Beaoficiary notify'IYustor and Tcustor's tctunta and���that�ll
<br />.:�r'.: : • _ � future Rents be p�id directly to Beneficiary.On raxiving noNce of deftultt Tcusror will endorse and deli�eA�ts�iaeficiuy
<br />_-�� any ayment ofRents W'�'ru�or'e possess�nn=ann�ected wil1 be�mn i�a�nr�ovido�dr m'�thlsfici�nand Insltni�ai at.T�rustor
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<br /> �� _.. . t; u�� ••"•`°::•:•••.., .....�. .......... ._, ----- -- licablo fandlozdltenant law.Trustor also rees to maintain md
<br /> ,��'"��" wanants that no default exists under the L.��es or any app' �$
<br /> ' ' ' � require any tenent ro comply with We ternu of the l.eases and appHcable law.
<br /> � 13. LEASEHOLDS; CONDOMINIUM3' PLANNED UNIT DEVELOPMENfS. Trustor agc+as to c:omply with the
<br /> provisions of any lease if this Security'Insuumrnt ie on a leacehold. If the Peop�c�y includea a unit in t condominium or a
<br /> _- ' plaaned unit development. Tcustor will prrform ap of 1YusWr's duties under the covcnants, by-laws, or regulttions of the
<br /> " ' condominium or planned unit development.
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