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<br /> _.=',,:�:.•�,� � B.All future Advmces from Be.nef7clxry to Trustor or dher future obligadons of 'frustor to [�neficlary under any v
<br /> �. •, , prom9ssory note, contr�ct, guarnnty, or other cvidrn�rof debt rxec:uted t�y Truetor in favor of Hrneflciary exccutod
<br /> . ;,�,�,.� � a �fter this Secudty lnstrument whMher or na thb S�cutlty Inatrument is sprcltic�lly refenncc�l. If nwrr UIWl 011C
<br /> � ! pereon eigns thia Securiry Inatrumrnt, rach T�uctor�grees th�t thie Securiry In�trumet�t wlll sc�;ure wll future
<br />``,• ��,,,, � . acivances and future oblig�dons that uc glven to m i�curced hy Any one or mor�Trustor,or�ny�mc or mo►c Truetor
<br /> -� � and othen. All futurc�dvu�ces and other future�bll�rbne ue eecurod by thi�Securiry inatrument even�houah�ll
<br /> � �� or part may not yet be advAnced.All future dvances ad o�her futuro oblig�done ue ea:ur�d as if nuulo on the d�te -
<br />._v,�.�� of this Security Instrument.Nothing in thig Securiry Insirtiment shell wnsNwte a commitment to.malce nciditional nr
<br /> future louu ar�dvsnces in u►y�rtx►unt.Any such wrnmitrnmt must be R rcCd!o in A separ�tc wntin�.
<br />�, C.but no�tBlimited tos�IfabiUtles fornaver�rafle hnlatiagY to1eany deposit�account �gtnp�nx7ti�bCtwstnw'f'rost�rd+pn�
<br /> -:c�� Bencficiuy.
<br /> ' � D.All additlona!sums advanctd and expcnses incurnd tiy Seneficinry for insuring, preserving or othcrwise protecting
<br />•,;�`'_ '�:�. . thc Property and its value and any other eurns advu�ed�nd expensas Incumd by&�►eficiary under the temu uf►hie
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<br /> •���•� Security Instrument.
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<br /> ���:+.•�` 'Ihis Security lnatrument will not secure any otber debt if Bemficiary falla to give any required notice of the right of
<br /> „3�i,��'�'y resclssian. __
<br /> _�:;;�� S. PAYMENTS.Trustor agrees that ail payitKn�s under t�e 5aueed Debt will be paid when due and in accordatxe with the
<br /> --�,�,��,, torms of tbr:Secured D�bt and thie Secur�ty Instcument.
<br /> 6. WARRANTY OF TITLE, Trustor watranta thu Truuoi h or will be lawfully selzed of tho estate conveyed by this
<br /> --�=„�, Sexurity Insuument ond hag the right to lrravocably grant,r.onvey,and sell the Property to Trustee, in trust, with power of
<br />"� sale.r�uSCOr a��W��►��ngt ct����rty�g u����a,eacept for encumbrances of rec���l.
<br /> _:���4� 7. PRIOR SECURITY INTERES'!'S• With reg�rd ro any other mortgage, doed of trust, securiYy agreement or other lien
<br /> - — docwnent that created a prior security interest or encumbrana an the Property,Trustor agrees:
<br /> A.To make all payments when due and to pesform or ec�mply with all covenwts.
<br /> — B.To promptly deliver r,o Beneficiary any notices tt�u T'iuuor rxeives from tho holder.
<br /> � � C.Not to allow any modification or eatension of,no=to request any futune advances under any note or agramrnt
<br />'```' secured by the lien documeuc without Beneficiary's pibr vantten oonsent.
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<br /> -.�,,,�,�; &. CLAIMS A(3AINSf TTfLE.Tn�stor will pay all ta�ces,a�essmenu�liens.encumbrances.lease payments,ground rents,
<br /> � ut9lities, a�id other chargea relatins to the Propenp when due. Beneficiary may re.�nlre Tnu�or to provide to Beneficiary
<br /> copies of all notirxs that such amounte ue due and the receias evidcacing Tivstor d payme�►t. Tcustor will defrnd title to
<br /> -� ihe Property against aay claims that would impatr the liaa of this Security Insttument. Trostor agrees to assign to
<br /> Beneficiary,as requesial by Beneficiary,any ri�ts, cldm.s or defenses Trustar may have against parties who supply labor
<br /> OI li1a�C11315�0 II181AI81II OL III1pi'OVC LI1C FlU�ICY�. _
<br /> •; 9. D1JE UN SALE OR ENCUMBRANCE.Beneficiary miy,u ats optioa,dxlare the entire balance of the Sa:ure�Debt to
<br /> be immecliately due and payable upon_the creatiaa of,or contract for the creativn of. eny lien,encumbranciic.tab�lef'�This
<br /> --._...___,_—_ ael�ni th..v„,r,�•,�v ThiF riaht Is sublect to the restrictionaimposed_by federal law(12 C_F.Ra 591�:,as app.h.e eM�
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<br /> _ covenant shall`ntn v��xt�r:,he�roperty az►d shall nmam i�eiioci unw�nc�ca;ucc�,,...�. .�r«...... ..... ...... ..._ ___.
<br /> - Insttumcttt is rcleased.
<br /> 10. PROYERI'Y CONDITION, AL'I'ERATIONS AND INSeE�..'fION. Trusiar w111 koep We Pmpcny in ood eondidan
<br /> � and make all airs that are masonabiy necessary.Tnwor shall not commit or allnw any waste. �mpairment, or
<br /> -- deterioration of�e Proprdy. Trustor will keep the Propeny frx of noxious wads and grasses. Trustor agcres thu the
<br /> naturc of the occup�ncy and use will not substandally chanaa without Heneficiary's prior written conscnt. Truscor will oot
<br /> pemut any change in any license,resuictivc covenaat or�axment without Beneftciary's prior writun consent.Trustor wlll
<br /> notify Beae6ciuy of all demands. procoaliags.claims, aod acttoas against Tnistor. and of any loss ar damage to the
<br /> Propetty.
<br /> — Beneficiary or Beneficiary's agents may,at Beneficiary's opion,enter the Propercy at eny ret�ssonnble time for thepurpose
<br /> of inspecung the Propaty. Beneficiary shdl give Tmstor notice at the time of or before �n ins tion s�ci{y Ing a
<br /> reasonablepu rpose for the inspoction. Any inspection of ihc Propetty shall be entirely for Bene ciary's benefit and
<br /> — Tnutor will in no way rely on Seneflciary's inspaAion.
<br /> 11. AU1'HORPI'Y TO PERFORM. If Trustor fails to pedoim any duty or azry of the coveiwnts contained in thls 5ecudty
<br /> Instrument, Beneflciary may. without notia, perform or ca�se tnem to beperformed. Tntstor inta Beneficiary as
<br /> attomey in fxt to sign Tcustor's name or pay aay amount aeeYSS�ry for perfom�ance.BenefioiArY�s�n8ht to�orm for
<br /> Tzustor shall nc�t create an obligation to rforcn,ead&zxficaary's feilun to perform will not preclude Bens iciuy fmm
<br /> — exerciain�aay of Beaeficiary's other dghp s unda the Itw a this Security Insttument. If any construction on the Propaty
<br /> -- "— is discontmuod or not carriod on in a reasc�nable manoer. Bm�flciary may talce all steps necessary to�rotect BcaeficCiry's
<br /> — security interest in the Propercy,including compledon af tluconstruction.
<br /> �Y�— 12. ASSIGNMENT OF LEA3ES AND REN'fS. 'kuscor irmacably grants, conveys and sells to Trusta, in tcust for the
<br /> --_--�= benefit of Bweficiray, as addit[onal securiry all the ri�t��itle wd interest in and to any and all existing or future leascs,
<br /> —�»=�� subleises,and eny other written or vcrbal agn-enxntsTor the use and oocupaucy of any portion of the Propeny, including
<br /> --�--��� any extensions renewals,modifications or substitution�of such agraments(a11 refernd to es "Leases") and i�ents, issues
<br /> :v��� and profits (�l� refernd to as "Rents"). 7tustor will promQzly mvide Beneficiar�� with true and correct oopies of all
<br /> eaist3n�end futun I.eases.Trustor may ooAxt,receive,enjoy��use the R�nts so iong as Trustor is not in default w�der
<br /> °'�qrtititi3`��� tt►c terms of this Security lnstrumeat.
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<br />- --- Tns:or ac�towldges that Ghis ac�ignmrnt is per[ected upon the aewtding of this Dced of Trust and thet Bene icaary is
<br /> ' �*'-�""' entitled to notify wy of Trustor's tenants ro mke p�yrnrnt of Rents due or to become due to Beneficiary. Howaver,
<br /> �j=��t��`�r: Beneficiary agrees that only on default will Beaefic�uy notify Truaror end Trustor's tenants and n�eke dempnd thFS�ll
<br />=���`�' � �. futute Rents be paid directly to Beneficiary.Oa rec�iving mtice of default,Tcustor will endorse and delivrer to Benefioiary
<br />_-��. , any payuxnt of Rents in Trustor's possession smd will c+eaiv�any Rents in trust for Beaeficiary and wili not commingle
<br />_�-�;�.��LL,:;�`, the Rents with any other funds. Any amounts wllected will be appLed as providat in this Socurity lnstru,nxnt. Tivstor
<br /> warrants that no default exists under the Leases or any applic�►ble Iandlordltenant law.Trustor also agrees to maintaim u�d
<br />,_�:<;�-;� ;.�; requirc any tenant to comply with tnc terms of tee i..ases 7ou appivaoic iaw.
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<br /> •° � �� 13. LEASEHOLIIS; CONDOMDVIiJMS• PLANNED IJN�f DEVELOPMENTS. Trustor agrees, to comply wtth the
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<br /> ;,w;' provisions of wny leasr if this Security Instnunent is on s Icisehotd.if We�'roperty includes a unit in a condo um or a
<br /> .,- ��w.?�i planned unit dcvelopmrnt,Trustor will perforrn�Il of Trv�or's duties undcr tl�e covenants,by-laws,or regulations of the
<br /> ' ,. ..r condominium or planned unit development.
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