F.. S.� -: ��,' _:��' ..�`i..'• ;_`_�..�;''�-z.. z�ti:aC��}'t�i:,`SS..II' w�e�..+n,<<: -�-.ti,_.,w:r-'�e�,.,`aG�'°fl"�':� rit.'S�rPi%�i. 'ti -
<br /> . .-�t��^"-"'t . . --�-�� f' . -T t ySFh�-cf1 r�+� `. � .=l -- .
<br /> c. T�--_s ( �5:r� �7�.����4f t��r. � ,A ft� Q � 4 .
<br /> ';�a,� ._.' . •,-!'-:" .. t � �1a���`�tK ,��.4� �}
<br /> �j , � -4 �^ . , �.L f,[. >r.. .� •
<br /> _ -''Y;.— — - �.
<br /> _�� . - '�`'A
<br /> `'I ' �'.
<br /> . . . ' ' ��� ����� .��:�
<br /> - . �� . B. Allft►tuYe advan�froaa i.ea�ta Gritsttas.oz.Mti,+tf�nbligationsof Graittortoi�ades underany p�mmi�spzl+ _�:i
<br /> u K
<br /> '�``�t. :;� ted GraaYOr ia�.favor of ixndeT executed aRes this :.�.,..
<br /> nate.aontract.guamntY.os otte:r et7de�re cyf d�lf►i:�� �tl► _�F,-.
<br /> `•`�� ;.;�',..:'`�.'<::. SCCI1�tIy(IQSL[ULflQII4 W�Ci�[OT 44I•IItLS S�IL}'�I�►S�thtent isspecifically referenced.If more thaa�e petso�t ..Y:^
<br /> sigds this Securiry I�uttumea�eaeh Gct�tnr as�es t#lgoah�s Se�vriry Iasuum�nt w;l1 sec�rre all f4ture ad�ranoes e�ui �,.,
<br /> ``-.:` � Poture aBf�gattoas dk�:are given ca ar,�h�`��Y Que or more Cirantor.or any on�ar mot�Grantar aad `.��.V_
<br /> `: `'".:.,. aad otAes future a'a1'r,�tt�s�ra secnred by tbis Security Inst�umeat eYea thougb�!1 os :
<br /> ��..� , , athess IW future a�dv�nees. All futur��asv�as�fi:�s�x future obiigations ace secured as if made au the date -:
<br /> ` — _- �t�ty a�t y�L L+e�vance�L --
<br /> � of th�s Security Ia�wmen�Nattuc�,r in ttds S�aatiry:ln�r'�v.at shalI ara�atuta a commitment to m?ke additional ��'`;_
<br /> � +� ar future taans or advances in suy em�nun�Any su�a�t���aeat must be agreed to in a separate�vriting. �7 _.
<br /> ,. . - G AU oHligadoas Graa�tor o�ves to Le�ct2r�v��'s�i�n�t3�t���se.ta the extent no�prohibited bg iaw,indudin�,but �T �-
<br /> tt acecausis eat betweea tirantor and[.e�a�der. �t,:
<br /> ,. aot l�ite�ta.tiabiTities fos avezdra€ts�retasitlS�tt�.d�� ° � . �p�7::
<br /> . or otheiwise mtecdng ,a,�,:,.:
<br /> D. All additianal sums advancaeed an�e�mes I�cvari'�?�Y�Lender tor iaswiag�b�nder ander t�e terms af °_-:�
<br /> . . . =� the Property and its vatue and any otfeer smns.a,c�►s�n9ed and expens�� _.._
<br />.. . this S�urity Iasutiment =-
<br /> uum
<br /> '�Seauitjr tnsuumeat w�i not secure az►g ather d21bt if Lender fails toDebt na�71�be�when due and��o� -..-
<br /> � 5. PAYi�.Giantor agr�es Wa.t atl pa�y�tn�uu�und2,T�tY�q Secured
<br /> withtke tem�sof the Se�+aed Debt andthisSe�uitY�tst��6� __
<br /> . 6� fR/A�A1�9t OF TtTE.E.GtaAtas wanants that C7ra�nto;��rtYt w�l be IaarfulIg seiatd of.th�esta��ninyuus�� W-
<br /> . Sec�uity Instnunent an d bas t h e ri g l�t t o i n e v a c a'h�}�.,�u i t�;c�v e y,a n d sell tbe Pm pe rt y ��_
<br /> ,. . power of sate.Grantor aLso�rants that tha Pto�est�►�un�u�bered.escept for enauAbrances af reca or other heu =-
<br />':�'�����{� � 7. EEtI01�SECiJYt�TY B��RE��Witb reg�ud 3a a�`pth�T.mortgage,deed o#trust,seaurtY agreem�
<br />,�����'i+'J.i1`.i.�' ',.'(J�•.� ��.
<br /> dowurent Wat aeated a priur se�interest us es�ffamfi�ft�are on the PcapertY,(irauwr agrees:
<br /> M,, q, To make all paymeats vdhsn due and tfl perfmrm ra�;�IY with atl covenants.
<br /> xx�u<�' =
<br /> ,rs"v��., , ' na�x E621,C�ttdr reoeives from the bokt23.
<br /> ��: .+ B. To PrampuY detiver to��:epd�'�Y� tutiue advanoes under any notc or agteement
<br /> :.�,�>;... > . '�.;.".�,�� � C. Nat to aliow any madi�cal�inn ar egtensian�oL nai to��l�anY
<br /> . : ` : : . sec�red by tha i�en�cuaa�tit withaut Y.er�c�ur's,prior writteo c�ansen� en und =-
<br /> , t>s;:; •',;� g. CLAIIi�fS AGAIPiST�'1TL�L:�:�tsawr w�1 PaY all:t�.�es,assessmeat�,liens,iencumbrances,iease Paym ta,gro 4==
<br />.. '',;`:;����� cents.uU']ities.and aiher c�►er�s�iting to Ehe I'co�ty:'��a d�e.Lender may tequire Cirant�r W provide to I.eud�r
<br /> ;;%���- =.���,r�� es of aU notiees that siic"�"i,a���dua and;thY���evidencing tiraawr's Qaymea�Gzantor w►71 de.�
<br /> '< s �. . 00� �fis that wou1�i�npanr,tl�e tiea of ti�is Seauity anstrumenw Graatar agrees ta-a�
<br /> ��` , ; titie ta the Property.�p���nY artPes who snPP�;� -
<br /> 't�,ls«` ` " an cta:idu or defenses Grantar may have against p
<br /> ��t� �' to Lender,as r�q�1 s!!I:�t�T• y��' -
<br /> �A��� , ;r:.
<br /> �'�f,,',�r,,f: or matcrials w masnte�'n or.i�ras,e the PrapertY:, . _� .
<br /> �;i.'._, � ` ' � t;L.I:ese d�>en�q,a t�o p t i on.declare the entine bal�noe af tfie Sec�ued�ebt to
<br /> :,�;.�:i,�'� 9. DUD�iEF1�1 SALE O�L�1I�� A or aanu�act for the creation of�ang tten,endvmbranqe.t�i`��r ---
<br /> ;�7'� ��� �,�:��� � _ be�iately due ancl pay�1?�,tt�bn tba�ea��s �► r�s un osed federal lava Qk2 C.F.R.591),as aPP'f�st�. -�--
<br />-'��;���:.•, ;��$r.,f;` 'It�is n t'�s su ta the restrictfQ F hY =:
<br /> ";fi::,.., or sale of tha PropertY- g� �3�?'
<br /> ...._�'-•� � ptope�ty; ti;shaU remain in effect until the Secur�i]ebt is paid in full aad r3�is
<br /> rr�,��.�` , '`% < . 7Ttis savenattt shall rum with the Rit --
<br /> il�,=, f .�s�;;�� SecauityL�tcumeaYssrele�sed. "� ' �' ... . __
<br /> ;.,�1�`�� la Ptd0�8�Y CONlDfiTIQ1'+�r�al�:'�IE�RATIQ�flfS AN�I�,�EGTI�O nL a baiL�oi}co emmit or�aUocv an}�,�.�c, , _
<br /> °`�`r; condition and make ali reji�l•t3�at are reasonably n�ry•
<br /> . • impairmen�or dei�iomt�fln:v�'t#i�P�aPehY Grantor w�xeep the Pmperty free of noacious weeds sud..�.
<br /> n
<br /> Grantor agrees that tha n2ture of tlte accsipa+a�7+and use wiD not substaatialty change wiYhout Lender's�r�OL�i►
<br /> oonsent.GtBtItOI Wil�II01.permit an}r.cCza�agu,ia�any license,restrictive cavenant or easement withuacc�de��ior -
<br />� � , written cansen�Giautpr;wi31�#atify.L•ere��ofiall demands,Pzooeedings,claims.and actions agaln:.�':�u[+¢r��d af
<br /> . any loss or dannage to W a Pco�r�ty. .
<br /> � • 1.ender or Lender's a�nts may+'.ai���?�'s optian.enter the Property at any reasonable time far tl��pu�of
<br /> • . � inspecting tl�e Propenty.Lendes•sti�U�g;�ve Grantor aottce at the fime of or before an inspection spec�fyin�a
<br /> - � � reasonable purpasic�os�the insF!es'1um.�At�ty inspection of the Property shaU be entirely for T.er�3er's benefit and
<br /> . Grantor w11 in no�y.rely on Leafiei's ins�tion. , _
<br /> 1L ALS'Il'�IIOltii'Y TO PERL7mY►M.•Ii;Gran�aY•fails to perform any duty or any of the covenants co�ained in tUis __
<br /> cvi4baut�notice. oras�r cause them to be performed.Cirantor apPoints Lender
<br /> Security Iastrument,�.endes,m�): F� •
<br /> a4 aitom�y in fact to sigp Gmx�isu's.n�os�pay any ainot�t necessary for performanre.Leader s rip�t to per€ui�ss.�t .
<br />�' Grantor shall�o}create an�ob�3��uan t��A�xfrnm,and Leadcr's failure tQ�nt Ifan wnstr�et'1onon theeIIPropeirty+is _
<br /> exerasing aoy ot U.�tes's ath�ri�ts un�2��tlts taw or thia Securiry Inszrym y -
<br /> � � � d�scontinuesl or�ccst carrio3 on�ia�a re3son's.b�manner.Lender m�y�ake all steps necessary to pratect 1�ender's
<br />- ,'`'�,'°• • secutity interest in th�Ftop�stl;incladingcornptetion of the construction. �:
<br /> ::;�t�'`' :...
<br />- • �� 1Z AS5IG10�NT OY�L����aNi)REN�'S.Grantor iirevocahly grants.conveys and�ells to Trustee,in uusl:f�r the
<br /> ' bene5l oi Leader,as addilional security a11 the right,title and interest in and to any and aIi existin�ar futur�.t.ases.
<br /> � subleases,and anp ath.r wlitten or verbal.agreements for the use and occupancy of any�oraia�of the�'avperry. _
<br /> ;,F;;! . . ' �r�us�g aay exte�sian3;tenr�arals.modi8ca�ions or substitutians of suc6 agreements(all refcrrecQ ar as"Lea.-�es")and --
<br /> • re��iss��and pra�its•(tr3ltt�ferreA to as"Rents'�.�ra.ntor will pmmptiy provide Lendec�ich vue attrY coaect -
<br /> ;��,,,;...; co��s of a2]existia$aD1 futuro L:ases.GrantoT may wfCxt,receive.enjay and use ctee Rents so tong as Giaz�sii�nat _
<br /> �in disfzuli un3er the temm aEak�Secusity In9lrument.
<br /> :_:�r; � .� � t3raMor.ackawde�ges that�this assigp..^�an�.is pedecied upon the recarding of tbis IIeed of Tru.K and tl�t L�der is =..
<br /> et�t�ued ta��Y��Y of Grant�or's tenassu to make payment of Rents due or to 6ecome due t�E.eader.Fiawever. _
<br />_�'`�:` ` '`,'`� Yxrir.i�r agtea's t�raa onip.am dgf�t�:C wilZ I.ender notify Grantor and GrantoPs tenants and make d�aad th�t all future
<br /> �'v''��`r��� � �c�s.be pa�d directlp.to•Ler�lsr.On receiving notice of defaul�Grantor wlll endorse and deliver to l.ender any
<br /> _ � r'�J����:.'':.,�� � payc�tint o8 Rc�ts in��'q��e���d will receive any Rents in trust for Lendes and wiA aot eammin¢e tha =
<br /> ` ,; �r,.,- . . -
<br /> . .�.,.'`. R�nts w►tb a»y,other tusdv.Aoy,ar�ounts collected will bn applied as provided in this SecuritY Insuumen�Orantor -
<br /> � ' � warranis r�at ncr de�ault exists u�sr�ti�a�l,eases or any applicabta landlordltenant law.Grantor also agrees to maintain•
<br /> '�':,`.: a*.d r�qi:ilodtey tenaat to coaiQ�y�wit�t1��teims of 1he I.eases and applicable law. �
<br />- _ _`_..;:�•:':���. L� LEAi��3�HO1�S;CONDON:t�(n11riLS�t�'L�ED lJP1iT DEVCLO�iN�1�Pi'3.Gruntor agcees to comply with the _
<br /> �'';f '�, p�.mrisians oY any lease i!th4u S�c�ttltS+Inswment is on a leaseflold.if the Praperty includes a unit in a mndominium
<br /> , .'�'�'' '': ` or�a p?3�ned un�t develops�eau Grantor wIIT perform all of Grantor's duties under the covenants.by-laws,or,
<br /> � �� �� regu;�t'n'S�s oE ahe coadotmmum or pianned unit development.
<br />-- ..:,.,:.` . ' � 14 DF.FA,�11'.Grantor�vill be in default if any party obligated on the Seca�red Debt fails to make payment n+hen due.
<br /> - Grnr•t�c1i13 Ir�in defaWt it a breacb accurs under the terms nf this Security Instr,unent ar any other document
<br />_- � � :' . ,�� (pagrl2o14)
<br /> __�.-. � �.�:�J g..�:�,.�,,,�u,e.s�.t�e u,v naoo,'�-zta��F«mAE�ot�ve ereis+ -"'"' �
<br /> . - - ' �
<br /> ,• ��. �� �
<br /> t . . ,, �
<br />
|