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<br /> �. A!!fva.ia rr,�tl�va.nwe�s f.r.�m I.r.ndcr to Grantor«r�+.br.r.fir.�a�m ubligntions of Grnntor ti,I.cncier undor any promissory
<br /> note,��.��U,a�i„J�tJ,?,r,aJfl,y<<�r other evidence�r�drf.�e r.xr,cuted by Grantor in fnv�r of I.,c:ndcr execuled nficr Ihiti
<br /> Securi►,a�Incc�.rum�:n:r,v�iM.�:her or not this S�curit�r Crrstrument is speciGcaUy reicrcnced. If�nore than one�x:tson
<br /> aigns this&ecuriry f�strument,�ach Gnnta agn�es that this Security Instrument will W:cure all[uture ad��noe�xnd
<br /> future obligntinnF thnt aro givon ta a incumed hy any one or more Crentor,or any nne or more(3rnntor and
<br /> c�N�ut.. All fulurc advnnccs nnd o�hcr futurc a't�ligntlons ar�secur�d b��this Sccurity Instrumcnt cvcn�hough nll or
<br /> pnrt mAy not yet bo adv�nad, All futurr�dvta�ceA nnd olhct futurc obligetion�aro secured as it mpdo an Ihu date
<br /> at thfs Secvrity Irutn�menl.Nathing in thbS�curity Iaetrumcnt shall cons��tute n�.�nmmitmcnt to mako nddilion�l
<br /> or tuture k�xn�or�dvanres in any amount,Any yuc4 cc�mmitmcnt mus�hc Agrced tc�in a sc�ratc Nri�ing,.
<br /> C. Atl c�liwtions Gru�tcx owtn r�[,erxicr,w�ict�may leter�riso,tp the extent nw pruhihitcd hy iuw.in�luding,hut
<br /> not limited to,Nabilftie�tar cwerclrafl�rel��fn�to eny depoait Wcec�unt a�recment hctweCn C.r�ntar ind Lender,
<br /> D. All�ddi�fooal wcm�dv�nced�nJ expemn irxvrred by I.ender tcx insuring.preserving ur e�therw�c protectit�
<br /> �hc Prc�erty�nd 11�vNlue�Rd�ny dhe��ui�n�dv�nced and cxpen�incuRed by I.erxbr under the tenr�a[
<br /> thie kcu�f�y In�trumcn�,
<br /> '1'h{�Sr�.�urity InWrurr►�nt will�xN�cure uny ahur�kbt if lxndcr fafls w givc uny rcquind nutia:ut thc right of r�:�ssinn,
<br /> S. �AYMEM9.Urt�nlor��rc:er Ih�t wll pyymenl�under Ihe Securcd Dcbt will hc paid when duc and in Hccc►rdancc
<br /> with thC tenns ot the Securcd I�cbt�nd tha Security Instrumont.
<br /> �. WARItAM'Y OK 7Tt7.�.[itantor w,�rr�nik i�et��r�ntar is or will be l�wfu!!;�ni>��,��f�hr.estwl�rnnvr.ved hv Q�fn
<br /> Sccu�ity lmtrument and hs�th�rlghl tu irrcvanbly grqnt,canvey, and�cll th� Property tc�'f'ruste�, in�n�F�, with
<br /> �wcr of aal�e.(�r�ntor aha warrants thet tho Property Ia unencumbered,excGpt tor ancum6rancca of record.
<br /> 7. PRIOR SLCURrI'Y IMERES'I'9.Wilh regard tp any other mortg�►ge.deesl of truat,secudty aqrccmcnt or other!kn
<br /> document thnt crc�tai a prior sccurity intercst or ciacumbranoe on the Property,Cirentor agrccs:
<br /> A. Ta mske Mll p�yments when due and lo perform ar compiy with all c�ovenants.
<br /> B. To promptly deliver to I.cnder eny notices tOrat G�tor rcceives from ihe holder.
<br /> C. Not to aliaw any modiGcalion cx cxtension ca�[,nac to request any futun advances w►de�r any note a agrcement
<br /> secured byr the licn document without L.cnder s prior written oc�nsent.
<br /> It, CI,AIMS AC.AINSI''I7�'l.E.Grantur will pay alE taxr:s,assessmonts, liens,encnmbranca,kuse p�yments,gmund
<br /> ce�mts,utilities,and ather ch�rges relating to�he Propert3r��v3�en due.L,�nder msy require Grantoc to providc to L.ender
<br /> e�tj�ies of all notioes that such amounts auce due�nd ttc° reaipts evidencing Gnntar's payment. Grantor will defend
<br /> titic ta tho Prc�perty�Rainst any cleims that w�ould ir�npuus the liert of this Secudtg InstrumeM.Grsuntor agrees tn,asaign
<br /> tc Lender,ua requated by Lender,any rig�►ts,dauns or defenses Grantor may hav�e asai�t p��tn�s v�#�o su�pty labor
<br /> nr z,rts�tsrials to maintaln or improve the Property. �
<br /> 5� I):f;'�ON SALE OR ENCLJMBRANCE.Lender nrat:y,at its option,declare the ent�ire balu�ce of the Sear�.c!•17ebt to
<br /> b�.iiii:aediacely due and payable u�n the ereation ��f,orc•ontraet for the cceatic,�n.cyE',nny Iien,eneumbr��.a.<rr.:►�utor
<br /> �r siid4.of the Property_This r:c5ht is subject to the res�a�icuoru imposed by federaU���w(12 C.F.R.591),as�►����r°sbie.
<br /> 'T'h�is xovenant shRll run vwi2�,17��e Property and sh�ll re•r�ain in effecc until the Securod Debt is paid in fut�:;��y�d this
<br /> Security Inss�n�ra•tiril is reks�sed. , � '"
<br /> lq. f°i3,���ERTY C�DNDYTUDIV.•AI.TERATIUNS A�f�1IlVSPECTION,Grarnr.,,z will kr,ep the Propert�;��+�n�;�ood
<br /> �scnnsliEion and make all v��ps�:rs that are reason�hly nectssary.Grantor sh.E::�aa�t commit or allow a�ry*,��iste,
<br /> jriip;iiiment, or deterioratipn ��'��.tn� �o�eny.Gr,an;{�r'�avill kcep the ProFeny'•�rce o[noxious weeds��d;;ra�isei.
<br /> � � ,- 4�,r.uieor agrees that the natt�re of lhc:av:upa��cy an�.�,�r will not substxntially change without L.ender's p��r.w'rittea
<br /> . �' .���scrir�ent.Grantor will not pe�iii eny cli:ae�g� in a�v N�epse,restrictive covenant or easemrnt v�{ircb�out I.ene#Er'a prior
<br /> ' �•; Writtfn consent Gru�tor w�1�.1t�►tify Le�ic14�cn2.�all�emnnds.Proaedings,claims,and actions�A�c�•ingt Cruit�r�,.�ad of
<br /> � :�•n�ny l�xss or dam�ge to the IFrr�JjaG�iY, ,� ,. �';: � . �'�, �..� . ,
<br /> '��,e�ider or Lender's egents:�iaj+,at Lender's op(ioi�,.�nter�the Property at any ccasonaBle ti'inc'fp�r��ihc:pil•rpc�e.of
<br /> iYJspecting the Propeny.I.,ender shall give Gran�a�:r notice at the time of or before a'n��ns;net��ox�'spbGi �Ag A ,
<br /> reasonabk p�►rpose for the inspcction, Any insqectinn.of the Property shall be entirely t'nr;'l.ender's h�t�'#�it�►nd...;• �.
<br /> Grentor w�ill in no way rely a+1.i.endar's inspection. , '
<br /> ll. ���'.U'['HORITY TO P�B�R`�i61M.If Grantor fails tu.pe�furm any duty or any�k'the covenants cont�i�t¢il�an this
<br /> •���e.�urity Inatr�ument,Len�ex rnay,without notice,perGo•rm or cause them to be�i�:�E�nned.Grnntor appouinrts.Lend�r
<br /> �:' ���;pttornep in fact to sign Grantor's namc or payamS';maount neoessary#or pedormana.Lender's right to.�i�er(ol�m tor
<br /> , ,; .'G�antor sh�ll not create an obligation t�pertorm.ansl Lender's failure to perform wil!not preclude te�dtr from
<br /> • . '�: �.xercising eny of Lender'�other rights under the law ur this Security Instrument.If any construction on t�e�Property is
<br /> ' .elisr,ontinued ar not carried on in a reasonabk rtnanQer,i.ender may take all steps necessery to pra4rc�:3.Cnder's
<br /> r'.securiry interest in the Property,induding canpfetna�aa��he construction. .'�;�
<br /> 12',�SSYGNMEKf OF LEASES ANU 1t�M'S.Grantar arxevocably grants,conveys and seUs toTtu;te.e;�ultrus't for the
<br /> bene6t of Lender,as additionai secr��ity all thc right,'ti�tle and interest in and to any and s�lE er,n�r.��i��os tutiire leases,
<br /> subleases,and any other written or verL}ral agree�ents for the use and oceupancy of x�c}�'�,o:rrioa.�'f. tho Property,
<br /> induding�ny cxtcnsions,r.enewals,malif'ia�tions or substitutions of such agrc��rneac�(all refetreai�eo as�'Lcases')and
<br /> ' rents,issues and proCts ErJl'reCerred to as"Rcnts").Grantor will promptly prcyv�Fr:Oe Lendcr with true knd corrcet
<br /> copi�s oi all cxuting and tuture I,cases,Grantor mny coUect,rescive,onjoy and r�Fhe Rents so long as Grentor is not
<br /> in dbfault under the terms of this Security Instrumcnt.
<br /> GrAntor acknowlcdgcs that Ihis :�ssignment is ped�cted upon the reoording of this Ueed of'I�est�A/�Y�I.nnder ia
<br /> entitled to noti[y any of Grantor's tcnants to make payment of Rents due or to becomc dua to Y.�nder. However.
<br /> Lender agrces that oniy on dctauft will Lendcr notify Grantor and Grantor's tenants and make demand Ihst all fuwre
<br /> Rents be paid directly to L.ender.On receiving notke of default,Grantor will cndorse:and deliver lo L.ender any
<br /> payment df Rents in Grantor's�►ossessi�n ana wnt recei�e Any ecenis in trust ior iender and wiii na commmgie inc �
<br /> � [tents with any nthcr funds.Any amounts wllccted will bc applicd as providcd in this Sccurity Instrument.Grantor
<br /> warrants thut no default exists under the L.eases or any applicahle landlord/tenant law.Grantor nlsc�agrca to maintein
<br /> and require any tenant to comply with the terms ot[hc[.es�sses an�i�al�plicablc law.
<br /> l:i. LEASEHOLDS;CONi1ilMINIUMS;PA,ANNE��JNI'I'U�:•S+i:i t'Yy!11�1V'CS.Grantor agrces to comply with thc
<br /> provisions o[any Iea�e if tli+s Sccurity In.gtrum�ne.i�oi��t ieasehold.L[t8e 1'i•ul��rty includes a unit in a condom�nium
<br /> ur a planned unit d�velopment,C�a�,mtui���il��r..►�rthrm all of Grantor's dutics undcr th�covenunts,bylaws,or
<br /> rcgulations of the condominium ur(�lam�►ad unit development.
<br /> 14; I�E�AUL7'.orantor will bc in dcfault if any partv obligated on the Secured Debt fails to make paymcnt whtn due. —
<br /> Grantor will bc in dcfault if a brcach occurs undcr lhc tcrms oi this Security lnstrumcnt or any otl�cr documsnt
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<br /> O tlil BWr+�51'M�nr.Nc..S CbW.MN I��OD�T.?]4 q Furm PE�nT•NE YSMI —_—
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