|
;.
<br /> i_�"� -,r, _:_' , ' . .' , '" 1:�)Y`� "� -°�' 'ti 2�'%'"K,�Y _.
<br /> .� .
<br /> �....,::.,. �. .
<br /> .. . ... ..�� . _ . _ .
<br /> ....5�,"_. _- ,_�__ ._ .._�..�..�.�.:...._v..--.:.._�_..__,.- .__...w.o.j.�'_^_.^^:�F.+�'q.its'._ ..
<br /> ��i . r�Sy�,SSYYt t S -
<br /> !z i � F ` � �
<br /> j � 'g\ S .� ,� � fa ��" __�.,+�.
<br /> . .. .. . � . . � e�.� � c p-.� 1 -• . �� � �
<br /> -i�.atf`".. t"' — _ "... . .k.. _ _. . . . . � .. . 4:.3.� � n, — F1N �= ..
<br /> 'KtS 7� ' ,�� i� u f }.. .�t�. :ti _ M�3.�f [��' 4 '�\ 2 y 11 �M�:
<br /> :,(i Y.
<br /> _ _ , r,'C' ---
<br /> '�G�. F�` :J:`,<~$ -. -
<br /> _ _ c �a .-�}� _
<br /> c� _
<br /> '`T ' ``b ( w,'�p,�.,����(���� D {�,�,, •w � �� ` _
<br /> . . ,r'!.� 't-�L. < '-
<br /> , f., �� f1L i{{lt�[G GY�44Lii7�l7eiIIEiiY[II�W � � � L.
<br /> `�'� TintsGOr or other futur�obtigdtions of T� to Bene esazy a�r --
<br /> 4� . ' not�acntre�.gnaranty.or other evicEeaoe of d:Ui esecated by Tivstor in favar of B exec�ted
<br /> ��`,:°` � aftes this Instrament cvhether ar no!t�as Secu3iry Ia�t�S sP�Y������ans
<br /> . �.;;.. . . ..,
<br /> ` � `, ��,;� ;,:;� :., peison sig�s tbis Seauity Instrumeat,eac6 Trustos agrees ihat Wis Seairity lnswment arit!secure all fiature
<br /> . ` � .�.• � edv�oes aad futu�e obligatiu�that arc given to ar tacurred b�r suy oae or maze Trustor,at aay ane or more
<br /> .. ,�_'<``'•.•�. 7tastor aad ot�eis All futur�•adveIICes attd mthet 6tture ab?ig�ttaas ffie seau�d tsy tttis ge�as�ay�t eveit -
<br /> .. et
<br /> �: � ` tIlaugh sII or part maqaoi yet b�adsranced.AII fatm�e advanaes and att�erfutiue obligattons aze s�ps if made
<br /> < �`-:��:: • on the date of tbis Seccairy Inshument NoWing in this Security Ins�ument shalt ooustttate a commitment w make -
<br /> �:, : addi�anal arfnttue loans or advanoes in aay amo�L Aaysach oo�mnst 6e agceed to m a sepatate wdting =
<br /> � °r• �._._.:' .W J C. Atl obli�ations Trustor owes to Beaefcsiary.wh£ch maY later ar3se,ta the exteni aoi pmhihitecf by law,�.bui
<br /> r , ':� „s: , not tim�ted to.ItalxTi�ies farov+erd:afts relating to say de�osit aa�rmt ageement bet�veen liastorand Benefiaary.
<br /> . ,'.a ,,_ D. Alt additioaal sums advanced and eapenses iucurres�by Beaefiaary for insarmg,Preserving or otlteiwise f1=
<br /> .� pmteding th�pmpert�,aad its vaIue aad any oth�r sums advanr,ed and eapeases insaxred by Benefaagy�der `
<br /> �''' tt�tem�s of tbis Secamfy Instr�eni _.
<br />°;;; � ' °;'':+� Th's Seauitq Instrtrment w�aot secure any other debt if Aea�g Ea�s to give ang reqa�ed aotfce of the�rd�
<br /> .. '� ':;': �am. _
<br /> °v:� `::�`.�.�• 5� PAXb�.Trastai a�tUat aII paytuents tmder th�a Secared YJebt w�6e paid whea due aad ia ac�ordarace with -
<br /> ,,,�,:, `
<br /> :' � .. .. the t�aasofi ttte 5ec�ed De1st aadthis Security�as�men� �
<br /> , �• �A�OF�ITldr' Tntscor w'atrants tiiat Trustor is or m'II be lawfiilly seized of tiae estate oonveyed isy this" `
<br /> ;."` ' - . Secmity Insfi�meni aad has the right eo inzevoc�bl�►gamt,�onvey,and seI!t�e Praperty to ZY�,m trRSt,with -
<br /> - • go�ver of sale.Trps�or aLso�varraats tflat the Fmperiy is uneaeumbemd,eacept for enrumbsancx,a a�f record =
<br /> .�`. ?. PEI083�CURIT��S°i5�Wiih regard toanqothermartgag�,deed of Wst.se�it�►agreemeat orotflerhen --
<br /> :. �` :�`'. docuatent ffiat created a priursecu�tyinterest or encambianos on tfle Properiy,Titutor agree� -
<br /> � ro a y
<br /> ,- •�;...;��`i . A. Ta make aIf papmeuts when due aad to perfoim oscampiy witb aIl covenants.
<br /> � '�3 _- :,.° B. To promptiy delives Lo Beaefiriary airy natices that Tn�swz receives from t�e ho>der. : `--
<br /> , ' iV`��'` ,��:.
<br /> , ::-:,,,5 : G Not to altow anp modiSccation or exteasron o�aar to request anq fattsre advano�s under any noie or agreeac� • �-:
<br /> .. .' � ;;;;i t s e c u r e d 6 y t h e l i e n d o c�e n t w i t t t o u t B e n e B a a r q's g r ior w ri tten co n s�n t -
<br /> �. . , � CL�V18 A�A�13T�I.�Tn�stor w�l pay all taxes,asse,ssmeats,lie�s,enamnbrances.lease pay�ments,gmund -
<br /> '.�'� rents,wilities,aad other c6arges telating to the Property when due.B iaa Tiuswr to de to. "
<br /> _..- _.. ._ '..�„. Beae ca es � �Y Y reclaae _
<br /> •:�.� ��Y Pj d�aU noticesthat such amonnts are dae and the reoeiptsevfdencing�r's paymea��or c�, -
<br /> � ��-. defend titte w the Propertq agaiast aay�that wonW imgai�the lien of this Securit3r Instnmment Tmstor agras a�._
<br /> ; , ".�-;.- assiga tc►Benefaaty,as requested�sy HeaeBciary,anY riP,�ts.�aans oi defehses Trastor may have agains�t par�es�. T
<br /> '�. .<��. � � supplpP�or or materiats to maiat�or improve the Property. � �
<br /> ^��' . ��,.��.:, , 5� DU�i�'.V SALE Offi��PTCUMBBANCE Beaefi' . . . .
<br /> ``;`�,::�,..: caa:q may,at its opii¢an,��c3are the entire balaace�af the Secitred
<br /> �''r�`��}� Debi be. __
<br /> �;r,�� �. � '.; �P �.��c�ue aad payable upon the creation o�or conti��b�r the creation o�any =-
<br /> '� ';?y �ca�.satc af ti�e•F�vpert�:'Y7�3s right is snbject to the�ctions�iposed by federal law(�F.R.n�� -
<br /> . . . •s'� ad ti�' a��Tustrument�rox�.jviih the Pmperty aad slyau�i�min in effect�m�ti�:Secured Debt is paid ia�` !,.
<br /> ' .� .�•'; � �:. . tS' is rei�sed. .;::': .
<br /> : • � 10 PROPE�CONHDITION,AL3'ERATION3 AND INSIPECTIORJ.Tn�stor wiL��eep the P�perty ia goo6 —
<br /> , . '. � condition and make all repairs that are seasonably necessary.Trnstor s6a11 not commit or a?fuw aay waste, �
<br /> . impainment,or deteriosation of the Property.Tnistor will keep the Proper�y free of aoxtous weeds aad grasses.
<br />,::;:"' Trastor agrces that the nature of the oocupancy and use will noi substantialig change witho�Beaeficiary's psi�r
<br /> . . written.cpnseat.Trustor will ato4 permrt any change in aay license,restricqve covenant or easement wit���r.i
<br /> �:'.�' !� .. :,' Beaeficaary's prior wr�tten consem.Trustoz w�71 no' BeneB '
<br /> :y%�.���., •� � ' � againsrt Tnrstnr,and of any loss or damage to the�rope�rtq, �'of all demaads,proaeedin8s+claims,and acHo-t:�s
<br /> ;;,�,:
<br /> .:,,•t,��k BeneSc�aTy or Bene�Qary's a ents ma ' up' P �3+
<br /> � '';��,'� .!` g y,at E�rd.xi s hon,enter the Pro e at any reasonable t�me for the
<br /> ,� - purpose of inspecting the Properiy.Benefciarsi sh
<br /> �:,•,�_3��'•_.:.. , .� giv�Tiustoz aotice at We time of or before an inspecti�
<br /> ����°,•.. '• ,.,}r,X� specdying a reasonable puipose far the inspectioa An�►m�on of tfle Propertq shaTf��e eniae�y far Heae�a�
<br /> � ��`��',��1� '�:.._;��i�Ry. : benefit aud Ttustor w�71 ia rta way rcIy on Benefcaary s�n���a. �
<br /> s .
<br /> �i��s��, i!. AUI'HOItiTY 1�QD PEI�FOIItNL If Trastor fails to perform�y duty or an of We oovenants eontamed in thig Secuii:y
<br /> �"t r- Inst�ument,Hcaeficiary may,without natice,perfolm or cause them to b$perfarmcd.�rt�.�tor ;nts SeneSceary as -
<br /> - . :.���;: : attomey in fact to sngo Trustor's name or pay any amount necessary fo�r performance.BeneBc�s right to pe�fotas ---.:
<br /> � ... for Trustor shati n�create an obligatinn to�esform,ansl Ben 's failiue w perform tivill noi eclude Bea � L`
<br /> ry fai pr eftp,7ir�%;. �,•.
<br /> . � • . . bvm exercising any of BeneSaary's other nghts undet the 1aw�at tln's Security Instrumea�7f any construstiaa on ti�.�
<br /> . . ... : �� Ynoperi�►is diseantinued or not carried on in a reasonable m�nner,Benefiaary may take aU sieps necessary to protect �''
<br /> �.` .. .,_...::� .,` Benefc�mry's secwity interest in We Property.iucluding comp2et'son of the ir,astrnc�ion. - _-_
<br /> 7� �SIGIVMENf OF LE�SE3 AND YtGNi 5.TiQStor irrevocably gtants;r,n�veys and seils to Traste�in trust for We � �,
<br /> - . ' benefit of BeneBciary.as addii�onal secmity aII the rig�b titte and int��sz ia and to any and till e�stiurg or fnture ''-
<br /> �• � =� feases,subleases,and any othe:written or verbal agreements for the use and occupancy of any pprtion of We
<br />-- -_ Praperty:iaclading aay eatensia�senewals.modifications vs su6stitu4tons of snch a
<br /> ., „ u � ments all referred to as �.��-
<br /> :� ��.: � (
<br /> .; .' . �,.:��,'>'��y`�� Leases )aud rents,issttes and profits(a11 refeaed to as Rems ).Trttstur��l pmmP�Y 1�vide HeaeBeiary wiW tras - -
<br /> i114<<}ji.. .:� aad oorrect co�4es of aU eadsting and future Leases.Trirstor may colle��,:r.�ive,enjoy and ase ttie 1',�nis so tong as
<br /> 'lYustor is not m defat�lt under the tenns of tLis Security In�-wmeal. _�.
<br /> �,�;;�i�'L . � ' 'ISrustm acknu�vledges that tlris a�sig�ment is perfected upon the reeording of tbis Deed of'ISrast aad that Bene&ciary is � .'
<br />___ j;y�� ; ,:�;,. entittetl ta notity any of 7lrustor's ten�mts to make�ayment aS Itents due ar to beaome due to Benefiaary.Hrnveve�r,
<br /> �t��`� BeneBciary ag�ee.s that only on d�uit will Benefiaary no' T , � �.
<br /> � 1 t�.;} Ufy r.utar�td Tiustar's tenants aad make demand that ail �-_
<br /> future Rents be pa�d directly to H�eGciary. On recelvin g notice of defauit,Trustor w i ll e n d o t s e a n d d e l i v e r t o
<br />- .-:f�:����� '��S" B e n e fi a a�r any payment a f Rents in Trustor's passession aud w11 rec,eive any Reats in tnlst for 8enefcciatyr and will
<br /> °•?.,�,�:;:<. ...•� �
<br /> . - noE cammmgte the Rents with a�r oiher f�nds.Any amounts coIlected w�l be applled as provided in this Seca�ity
<br /> , Instrumen�Tnutor warraats that no default esists under tJte Leases ar arry applicable Iandio:dRenant law Trustar efso
<br /> � .. agrees to maimtain aad require atry t�ant to oomply arith the te�.ms of the Leases aad applicable law .
<br /> _ . 13. LEAS�dOI�3;CONDOI�IQVIC9�'S:FLAIaJN�D�JNpT ID�d�:l.�P1V�PY1'�.Tnutor agrees to wmply wit6 the �
<br />_-, , _� ' pt+nvisions of any tease if tlfls Seeanfty Insw:uent is on a teasehold if the praperty incl�edes a unit in a coadominIum �
<br />-: �':, .�� . or a planned unit development,Tntstoi will perform aU of Tnistar's dnties under the covenants� by.laws,ar
<br /> -j: . . - reguhfran9 of the ooadominiam ar planned tmrt d�velopment.
<br />__ . • /� (�2�afa) .
<br /> - , • • etr3ea�s,sy��n.s.c�uc,reoa,�►.xss,�co�naFOr�ans� 3�
<br /> �_
<br /> "�` �
<br /> �
<br />
|