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<br /> Unlcxv otherwisa ugrccd In writing,all ins�rance proceeds shall bc applicd tu the resto�t�un or rcpair of thc Froperty
<br /> or t��thc Sr,curcd Debt,whether or nut then due,at i.endcr's option.Any applicution of pr a c en;A�n�x��will be
<br /> extend or{x�tpone the duc dAte of th�s�:heclulcd payment nc►r chango the amount of any p y Y
<br /> pAid t�n tha Grantor. l(thc Property is�f�Lnhe ncquia t'onahe�lltpass to I.r:nder to�h�cxt of`thc Se urped Debt
<br /> resulNng from damagt tn thn Property
<br /> i��mediNtcl,y bctorc thc ncqui�ition.
<br /> �9. �SCROW FOR TA?CFS AND INSI1RANt:k:.Unles.9 otherwis�provided in a s�:paratc agrecm�nt, tirantor�vill not �
<br /> be roquired to pa�y to I,ender tunds for taxe�and insurance in escraw.
<br /> 21. I+�NANCIAL RED�OA'I'S AND ADDITIONAL DOCUMEM'S.Cirantor will pravide to Lender upon reyuest,any
<br /> financial statement or infonnation Lender may deem reasoriabiy necessary. Grantor agrees ta sign, dcliver,and Gle
<br /> any additional documents or cert�cations that I.ender may amslder uecessary ta perfect,continue,and preserve
<br /> drantar's obligations under this Security Instrument and Lender's lien status on the Praperty
<br /> ?Z. JQINT AND INDIVIIIUAL LrABILiTY;CO�.SIGNERS;SUCCESSORS ANU ASSlGNB BO�JND.All duties
<br /> under this Security insM�ment�re joint and individual.If arantor signs this Security Instrumcnt but does not sign an
<br /> evidence of debt,GrAntor doe,�so only to mo�gage Grantor's interest in the Property to secure pxyment of the
<br /> Scaued Debt and Grantor docs nut agree to be persnnaUy liable on tltc Secured Uebt.If this Security Insbrument
<br /> secures a guaranty betwecn L.cnder and Grantor,Grantor ag�ces to wnive any riglits that may prevcnt Lender from
<br /> bringing any actlon or claim against Grantor or any party indebted under the obligatlon.These rights may include,but
<br /> are not linnited to,any anti-deGciency or one-action laws•Grnntor a�,n�ees that Ixnder and any party to this Security
<br /> Instrunnent may exten�i,eiiodify or makc a�ny change in the termc af this Security Instrument or eny evi�lence of debt
<br /> without Grat►tor's oansent.Such a change wdl not release Grantor from the terms of this Security InsWment.Tfie
<br /> duties and t�nc�its of this Security Instrument shall bind and benefit the successors and assigns of(irantor ar�d 1.ender.
<br /> 23, APlWCABLE[.AVY;SEVE1tABILITY;INfERPRETA'I�ON.'fhis Secu�i►y Instrum:nt is govemed!�y��he laws of•
<br /> the jurisdwKian�n w6ich Lender is lac�,"�d„ except to the extent c�tlaerwise required 6y thne h�wa of th�Drrrag:(iciic�n
<br /> where the�roperty is loca3ed.'Ihis Ser.it=rirv��stru�ent is complete nnd fuily iqtegxated.'Thnk S�a•�.urity Inwt��Tnint�hnt� ,
<br /> not be amended or mo�aS��d by br�l n�;se�Me�,.tlny sectian in this Seci-r.rt��Instrument, attachrr�cm'�x,or any
<br /> agteement related to the��ci'�ed DeL��Q'nsit eontii���«'ith appGcable law will sio�'he effective,unless thac yE�,���expressly
<br /> or imp►iediy pernuts the variations by we'itt�n agreemcnt.xf any section of this 5�curlty Instrtunent cannot t*a enforced
<br /> according tc�ats tenn�s,that sectton will i�e severed and wili not uKect the�nfinrceability of the remainder of this
<br /> Security I�os�t�eni.VVI►�iever used,t'�e singular sl�aU include t�ee�lural and 4he.�,lurai the•si�uler.'1'he captiona a�wcli.
<br /> l��au3n��k x�;.:,ec•�.�^� �t�lhis Sesnrity Instrumc�8,��� for con�•�em�ence a�y and�re aou eo bc us+ed to ihsaxpret�r
<br /> ,'•iti.�ilfe 1�1C•[C1YU5 Oi LRll4,;t%GUl7ly Sft7it-iiaicil2.�.,..v°���F'T��=gnn�a in tSti:�eCS�1'iY!1 1113trllrtlt:itll. '
<br /> ��A. 5,'K;GC�S,S�Q►R�'R[lS'f,i£�. Lender,at I.emder's c�:p•ti'riu. �a�,' F.aam time 't�ti•rne remrnve Tsust�ee amil��ppoint �
<br /> � �ucc,tssPr.2a��siee without any anlxeQ formality than the ds�n,gmalion in writing.The su�ssor t�ustee,without
<br /> coaveyanee�of t6e Prop�erty,shall sc�uceed to all the title,power a»d duties conferred upon Trustee by this Secutfty
<br /> Instrumcnt and appficuble Isw.
<br /> ZS. Np1'ICE.Unless attictwise�+es{uired bY�aw�any notice shall be given by delivering It or by rnaUing it by 6nst cl�as
<br /> mail to the appropriatc party's address on pagc 1 of this Security Instrument,or to any ottier address desiBnit�d u►
<br /> writing.Notia to onc grantor wiU be deemed to bc notioe to dl grentocs.
<br /> �, �yAIVERS.Except to the eatent prohibite�3 by Iaw,Grantor waives all appraisement and homastead exempH�on ri�hts
<br /> nletins to the PropectY•
<br /> 27. O'i1�1ER 1ERM.4.If checked,the following are appGcable to this Security instrument:
<br /> G[Xlye ot CniN.The Secured Debt includes a revnlving line of credit provision.Although the Secured DGbt
<br /> may be reducxd to a zero balance,this Security Instrument will remain in eHect until rekued.
<br /> ❑ Codtcscfloo Loar.This Security Instrument secures aa obligation incurred for ti�o conatructian of aa
<br /> improvement on the Property.
<br /> ❑ plxtse�e F{Ii�.Grantor grants to Lender a security interest in.aU goods that Grantorowns now or in the
<br /> future and that �rc or will becomo fuctures related to the Praperty.'fhis Security Instrument sutfioes es a
<br /> Cinancing statement and any cartwn,photographic or other reproduction may be filed uf record for purposes
<br /> of Article 9 of the Uniform Commercial Code.
<br /> ❑ Rikn.The covenants and agreements of each of the riders checked below are 'sncorporated into aed
<br /> supplement and amend the terms of this Security I�nstrument.[Check all applicable boxa]
<br /> . • • ....._..,...................................
<br /> ❑Condomimum Rider ❑Planned Un�t Development Rider Uther..............
<br /> ❑ Adaifio�l Tc�.
<br /> any at a,ch e��ts.Grant�r a�lsola knowledge�eceipt of atc py of his S cun y Instru ent o�th date stat d on pagel�p
<br /> . �� os/oa/s�
<br /> 4��....�,....................................�6/04/97 ........... ............................:...�................... ....
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<br /> �(D�te) (Signnture ,�FANNE R CRON IN ••«�«�.
<br /> �°'a`•°"", M 1 GHACL t' i+nvi�a iv - - -
<br /> ACKNOWLEDGMENI't NE�FiASriA HALL
<br /> STATE OF.............................................................,COU�I�OF...............,..... 1��9 y�ss.
<br /> �ed�ed�f� tg� .day of. ��;1'(:1H.�...................... ................
<br /> pMs�+a.0 This��r�.n�n�Rv���N�1���AdAF'A CRONI i�,`�1�5`BAN�'�il�'1�YK�......... .........................
<br /> My commission expires:.......... ............................................::�/f..�.4�?.f�.���..........................•-
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