|
��. ���R�„r�..�.� , �' . �� .
<br /> .
<br /> • : .....:w�ra.�W.r�.-5,. _ . . . _
<br /> . . _�..�__...::�t.".re:a'�a...��_:..._ _. .._ . ..._ . .- -
<br /> L'u':�r..._. - -— - --�
<br /> 96— s���oe
<br /> 13. All futurc�dv�uwes from I.enckr to Gr�tor ur othec tuture obligationx ot Cr�►nror to l.�ndcr undcr any pmmiss�ry
<br /> ntNe,contnci,�wranty,a ott►er cviden�x u[ilebt etietuted by Urantor in t�vor ot I.ender executed nQor this
<br /> Se�.�urity ln�trument whether cx r+ot thiv Security lnclru+nent is spesific�lly n:tecenceif.!f more thAn ono po1':��
<br /> �i�u this 5acurity Iroctrument,e�:h Ga►nta yrca s.1u�t#�a Securi�Y�n�tw�x"��'"U��ure all Wture advances and
<br /> futurc c�6lignti�nt thel nro�.ivan tn or incarred by �eY on� nr morC Grancar,ur.ny o�or monr:(3rantor �and
<br /> othe�a.All tulure�dvanoea and oth�r tuture c�l+1�M���s�����'y���''�curit}Irsstru�nent evr.n ihough all or
<br /> port may not yet be�dvAnocd�h�in uin h S�curity tcumont�sl�II c��oinFtilutc n mm tment�to m�kc add'►t�on�l
<br /> of thi�Security tnstn�mcnt.N g
<br /> ar fuwre l.-ians�or advanecs in any�mount.Any such rommftrtcent must t�e eg�ecd to in a separate writing.
<br /> C. All ohliAetions Grantor aw�s to I.cnder,which mxy I+�er�rise,to the extent nc►t proi�ibit�d by law,inctuding,but
<br /> not limitcd to,liebilities for overdratts relating ta anpdepc►sit uxount agreemcnt��t�w'n�o�Allnenvise protect'ng
<br /> D. Alt additional suma advanccd and exEx:nses incurrcd by l.cndcr[or insuring,p &
<br /> the Property and its vAlue and any other sums adv�nced t�nd expcnses incurrcd by l.cnder under tl�c terms of
<br /> this Sccurity Instrument.
<br /> 'yl,in,Security Instrument wiU not secure an.X o�her ciebt if I�nder fails to give any required natice of►.h�s r����r��0�•
<br /> �, r,�y��4'.resntor agrces that aill'�paym,enis under tl� Seeucc�lf?ebt will be paid wheee due a�nc�ier.a�r�a�e
<br /> wicM,the te►nas c►4 tE�e Secv�tdt�sbt a�n�this Security Inssnmcn4
<br /> f� bYA!►�l6RA�Id1f[�At'Ai17.E.Cnl:d�tttor�v�r,x�e.CS t�i ura��i�t,�COnve). a�d sEttTGEs,c:I�i+:ne,-i���tee�,imirust,�,tlus
<br /> Secrar�ty I�ate�tment an�Ihfas ttac rigb.k tv�cr.evcn�WF�ncumbe�d,e.xcept ka�:.tir.:�:.u��bra�of reoar�. .
<br /> �rCr ot y�ie.G�antor also wxrrants t6ad the Propert�� e �ed of�ri��i�,;���.�cit}r m�Cement o+r wtt[�ar lien
<br /> 7. lI���R S�CU1tr1'1'L'VT�RESI'S.Wittc r.e��rd ta:,ny �r mortgag , rt Czrantor ag4�:s. .
<br /> docanieM tha►t created a prior sec�rity int.e n:•.+:qr encumbru�a on�t h all oo��enams. '
<br /> t�. To make ail peyments wfien due axw,,�,�.;,�,ert'oan orcan►p1Y .
<br /> �1. To PromptlY d�liver to Lender any notices that�ru►tor receiva from th�holder. � .
<br /> C. Not to allow any mudification or extensbn ot,m�r to request any future advanca under any note or.ai�„-rment
<br /> securad by the lien document wiWaut Lender's prior written�t�nt.
<br /> R CLAIIMS AGA►INST TI11.E.Grautor vhll pay al� taxe5 assessrr►eu�i'r, 1'►ens,encumbranoa, Iease psYmeats.Bround
<br /> rcnts,utilities,ux!oU�er chu8es relating to the Prnperty when due.�+uder ma,y require Grenior to provide to Lend�!
<br /> copies of sll notioes that such amounts ar�e du►.a�►d thc rec:cipts evidencing G��iatar's payrt�edt.Grantor wiU deteod
<br /> pt�e to the Property a6,aina?lry�iai�:i�ai�c,i:Zd•..-z�::!!l.L•Ijr�cif this SeCUC1k1(•3';rr;�aument. Grantor�t�
<br /> cWms ordefenses Grantor msv`i�;»;,��g�� i��
<br /> � ta I.cndcr,as requested•by Lender,any rights, ,.
<br /> oc matcri�ls tce Xn�intain ar imprrne the Property ' , .
<br /> ' �'��'�1y1,J�ON Si��.:E bR ENCUIIBAANt;E.L,ender ma�r,�t its�p�tqta�ac.�sleilace the eutite bal�lna;•t:r.r3''sbe Secured Debt to
<br /> �b�:i�nnv:diately due and payable upon the creation a'£,aQ�tra�.K'v��t zhe creation af,anY li�mr,:catwubrance,trandrx
<br /> ' ci�•�sa1e uf the Property.'f1�is riqht i�wbject to the resirictions imposed by tederal law(12 GF.�.591),as a�plic�ble• .
<br /> �`fhis oovenant s1�a11 run with the Property snd shall remai.n in etfec�until the Setured Debt is paid ia�ftNbi,;,ind�his
<br /> Security Instrument is rekased. .
<br /> 1�.�1tOTER1Y CONDIT[AN,ALTERA770NS ANU IIVSPEGT[(1N.Grpntor wili ke��Tip:�'":?�PrOPe�Y 1° B°� ;�`��'��'
<br /> condition and make all repairs that are rensonnbly necessar?'• Grantor xhal4 �qo4.��m�i�'��� �r�110�"' any wASte,
<br /> impairment,or deterioration of the 4'roperty.Gr�neor will ketp thc Property.Fr�c•�c:t;�fc i�tt�7���'i}s weeds and grsssGS.
<br /> Granta agrees that the nature ot the oocupancY and use will not subst�ntisily�tw��i�!��e'�•w,"�rxp.�(�Lender's prior wntten
<br /> con�eM.Gnu►tor�+vill uot permit any change in any lianse�rescric�rie oovc�wrtE��'r4f'�;��;without Lender's prior
<br /> written oonsent.Gn+ntor will notify I.erxkr of au d�a�ds�p�OOCedings,daum�and�a���ntor, and of
<br /> . ,.,;.
<br /> my�or dxmaEe to tt�c P�'nl�erh'• � :,F, �,
<br /> L,ender or I.enckr'a agents may,at Lender's option. enter the Prcperty at any reason�ble time for the pucpoee of
<br /> „ inspecting the Prc►pertY• 1.ender shall give Grxntor notice at the t���11�entinly tor i.ender's beaef��
<br /> `:;,, reasonabk puc�OSe for the inspection. Aay insp�ctiun�f the Prupe Y
<br /> . Grantor rrill in no way rcly on Lender's ira�ection.
<br /> t1 AU1tiORITY TO lERFOytM.lf Grantor fails ta perform any duty or any o�th��G���i��r
<br /> � Security L�atnunent,Yaender may,without natioe,pertam or cau�c them to b�Pe t to cxm far
<br /> as atto�ney in fact to si���GtanZor s name or PaY s"Y�pt��Y for pezform�nx.Leader's ri� P�
<br /> Grantor sball nnt create�..:rii obligntion to pedorm, and Gencier's [�ilw'+�ta�t�°n° will noc p�e�1� ��r�O1q
<br /> eaercisin8 anY o[Lender's Whor rights under the law arth�s Secunty Instrumene,�f any oa�nsction on the Prop��Y�
<br /> discontini��c� or not�xrried on in a reasunable manner�Lender may take all steps neoessa�Y�o P���^�r s
<br /> security ia`a2�re�tan the Ptoperty.including compktion oi tl►e w�est�viceion•
<br /> ts,oonve and xlls ta Trustee,in trust(oc the
<br /> ]�. .�iSSIGI\'!1'Ik"�"f O�L�s►SE:S AND REN'1'S.Grantoritrevocabty gran. f'S
<br /> ,,.• `tieae�t of�.t+duler,as xii{c:li•t�ona!security al{!he right;6t1�and intcrest m and to any and�alf e�of the copertY.
<br /> Es
<br /> ' • ;�,�bl�•ases;�,,traa�ny vt�►e:�r written or verbal agcaem�enis for the use and occul�ancY y p1O
<br /> ,,;.,,.• .,.•,;�;:,, ._
<br /> ;�f;.; � �nc�uain+�y'�t��;s��xtensions,renewalc,modif�ications or substituti�r:►s of such ap,rce�Y����,'��!.,�'�th true�ned rre� �., ,
<br /> rcnts,i�svics:�nd proGts(all ro[crrcd to as"Rents").Granta�nr+��l.promP Y Pf
<br /> . copics df i��l�:�sidsting and future L.eases.Grantor rmy collect,rea.bwr,enjoy and use th�:Rem,ts<r���Tong es Grantcx is ndt.;.;�� .,
<br /> ' :n defaul[unckr the terms of ttus Secudty Instcvax�en�t. . •�' ' ''' ,
<br /> ' ' ent i�p�crf uPon the recordio-sl5 c�t't�.ii�s de�.�•��`rust�ck F6wn":I:.ender�; .
<br /> � i�radtar a!�knowledges cU;at this assignm �?���, � .,,
<br /> . � cntitkw�n�K'fi:atify any of Grantor'ti neantx to rru�at:�,ymeret c�l;,�ents dl�rc�.c,n•►�bea�a'a�r,dy�e t�1u.-r.ruiK,r.fE��'DN'G�CCo�' '. .'. .
<br /> L.ender n�y�iraattac a�jrd!rvranta's tenants:xnd��mc�����9tkv���l.ti�oux+�',`;., �:: ,
<br /> ' I.end����}ir5e�:s that onty on*defa u t��.�]li _ _. .:�..•e�;� �f diega+iiY�Grantor will endc;rse:��a�deliver to Let�dtr• �Y�•
<br /> . Atnts trv paid diraciiy�v uc..�,�..a..:�.._-:.._.D,�-.-. ��
<br /> _�_,,,,_.
<br />— paymtnt of Rcnts in Grantor's pa�c.�.-sion arn�W'ilC �ta�ve uny ltents in trust foe�ti�rity I�ru�tn��Gi'antor
<br /> Rents with any other fu�tids. Any ai�muxils c.nil�+cw3'"« b�������w.f,rantor also agr��a mainiain
<br /> warrants that no default exists under tite I.eascs�r soY�PP��
<br /> and require any tenant to axnply with che terms of the Lcases a�d applicable law.
<br /> 13. LEASEHOIAS;CONDOMINIUMS;lLAIVNf,�UN1T D�VELOPINEN'fS-�`�luaics a unit in�n�
<br /> pravisions ot any lease it thi�SR:curity Iastrument is an a kasehold•If the Pr'ope Y
<br /> or a planned unit dev�lopmcnt,Grantor wi11 paYtorrn�1� of Grantor's dutics�nder the covenrnts,by-laws�or
<br /> regulations o[the conclominium or plaiu�ed t►e�de`�+cbPnknt. � nt wben due.
<br /> t�, q��A(➢1,7:Gra�ntor will be in dc[ault if an ar►y obl�8ated on 1hc Secu�'ed Debt faih to make ymr
<br /> Grantot will be in default ii a hre�ch occurs uncicr the ter�ms ut this Secu�ityr 1nat�urt�ent or any other docwnent
<br /> (ppr 2d�1
<br /> .__.�--
<br /> o+�a+er+�s sr�F1e.��•d.w�t+��•r�n��n�at�+��
<br />
|