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<br />"'�' �•� ``� B. AU�ad+c�ces 6vm Leade�r to Grantar or ather fuWre obliga�ons crf Grantar tu Leader�mder�aY Pm��Y "�µ'
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<br />_ ,�,,.�<.::t..`.E,'���� note.ooattaot;��}+•or ot6er evideaae af debt exearted by G�ator In favar of Lee�der exe�ted after t�tis
<br />:;�,!;.;,: �, ,� ; Se�ity Ea�aeat whe�tIIer or aot this�Sec�{rIty Iastrument is speaficallY refereaced.If mote llaan png persaa �`�
<br /> _ ' �.•<` . signstbis Serauity Insuuraept;easb Giantor agtee�that this Seauity Iastrnm�nt w�l seaue aII futu:e advanoes aaci ��_=
<br />- ��":�: . n to ar ins�d�y'aay oae ar caore Ciraatn�or any one or mm�Grantor ancl ��,:
<br /> _ {ytu�abtigai�ons tbat are�ve � �nt even tt�ou aU or �-_.
<br /> ' others.All futuze sdvances and other future ob� t�oas ere secured tsg this Sec�mity P,�
<br /> `Y .. '� y nnt et be advanaed.Al1 future advaztees actd otb$r fuwr�abligasions ace sewxed as i�a�ade�ta �`'�_
<br /> - � ~ ''`� �°� y Insir�aeut sbiu111 wnq6mce a oa�ivaeuc to Yuatce oral ��:i�"
<br /> •�_:_ oftbisSecuretytast�tmieatNothingim�s�oa�t�cF�ea�tQiu:ar�aratewsitin� � --
<br /> '. r�r ,' or fuhue toans or advau�sin anpaman�c:
<br /> .�� c � , `;, "'.` C Etill obligdtiaas Gcantw mveg to Lender,whicfl may tater ahse,wthe�at aot�roW'iiit�d bg law,iadudia�,but -
<br />- .-�•%`� not limited ta liab�ities€or averdraRs setating m aap depnsit s000uat agteeme�C6etween Gcan�raad Leader. ,--_._.
<br /> ' '��,..'� :�.'���" . D. ��Ii additional sums advaaoed aad expenses iaa�rred by txader fcx iasurin�,prr�ving orothe�ise prou�g ��:._:
<br /> ... � !�, the pmperty aa�its vaIue aad any affier s�ms advanced acuE ea�eaaces iscurted Isy Leader t�der the tetms of ,v:�r=.
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<br /> .. � r :,• tms Sectttity IInstroment. : ` . ,r__
<br /> ��. `�;``., ;''"*,. Tbis Sec�iry I�stsu�nt will a�t seaue aay other deht if I�a�der fa�s ta gtve any reqtrired notiae of the�ight af resassinn. . ---
<br /> ";::�: �::�;t> . � i�I��R�FdKY�.Giaator a�that a!1 nayzaents uudei�f�.�+ed Debt w�l be paid whea due and ia accacd�no� c^ _
<br /> , ,, .,';' -� '•., withthe termsof the S�ured Debt and this SecmEity Insi�eut =_.--_-
<br /> 6, VdiAR1.4APP�X OY�1�l.E Giaptor w�ct�t�at Grancor is or will be tawfuity seizetl af the estate caaveqe�bg tFiis = _
<br /> � �' `� �`c $�UIY(p IDSd�1�EIIt SII�I1SS t�C il�R[EI��5����$�a�+�AV�ji,aad seU the Property tm�rustee,in tau�with , -
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<br /> .�.,.,, � . p o a,r er of sate.Grantor sIso war�ants that the Plraperty's�nencnm6ered,except for ea+�aats�aac�af Yecard. . :, -��
<br /> ' ::.�.. �: .. 7. P1dIOR SECiJRYi'Y��FS't�•M�1i�d��Y ather mortgage,d e e d o f t c u u�,s�s d t 3►a g r�e n t o r c�I P e n _---
<br /> . � . � . doraa9nent that cReated ap�iorseauity interestcnencvm6rance on the Propertg,�8�� __
<br />�''.::-,��.�;'`.�.k�:.> A. To mage all payi»en�swhen due a�sd w gecform or camgly with all oavenants. . . . _-_.-.
<br /> �� ,�� B. To promPtl3+de�ves W Lender any notises tIsat Grantar receives fiom the flo2der. . �,,;
<br /> ;�" ,�'�J `,; ����:., ' C, Notto altow any modi�tion or eutea4ian o��aor tv requesE any future advancss imdez any note or agneemeut _
<br /> � �,
<br /> � � ::'.�;�c`.... sewred by thc lien doam�ent witbout Leadet s pil�rc+�vtitten eonsen� � `
<br /> _:::;�,�,,� & �I.AIIVL�A�AIle1S'a'TFfl.�.C�rantor w�l pay aU taxes,asse�ents,iiens,eaamn�Gran4oi tn�a v�We t�o�tder ��_--:_-
<br /> . re�s,ut�h'ties.an d o t her e b a r g e s re l a t m g t o t h e P r a p e rt y w h e n due.Leader ma y r e q P� ---
<br /> ~�` ��;':•; evideaang Craaws's eut.Grantar will defead �
<br /> .r ,:� ,:��, �..,., ies of aII notices that sudi amnuats are due and.the neoeipss PaYm ,
<br /> , �. �, . ��',,, �._ U'�tte to the PcogeR9.ag�inst any claims that wouid impair the lien of this Security Instrnmemt.C i�c t�ar..a g e e s to as$zgn
<br />-`. � �<:r% :��. w Leader,as requested bY Lender,a�►riP�ts.daims or defenseS Cs�antor may ha�,ap,�=P��vha�Iy labnr
<br />�' �• �� '�' r, ormtateriaSs to maintain ar ira�t?�+nvc the Property. . .;,- � "
<br /> . <!,..'<t�:` 9 �UF ON SAE.�OI�E1�iCU3'�BHANCE.Ix.nder aeay.at its option,c�c1are tfls e�balance of the Seivred�t W � ---
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<br /> '- � ���� be ispmediately�aad payable u�oa the crestioa o�or oontract far the creation o$any 1ien,eacambtanre,�er --
<br /> � , . 'Y',.'°� � '17�is rigt�t is sub'ect to We restrfdiops unPas�.by federal la�v(12 GF.R.591),as app�icable.
<br /> - � �y m satc of the Rc,gerty. � in e�tl the Se.cured Debi is paid m full t�d this �
<br /> ". `,. � .F.,�,: � �sis covenant shall ram avith che Pcoperty and shaD rema.�t' � , .
<br /> 4 --- "���=��� � Se,�x'stYIasmimentisreleased.. `;: '��. �'. _ .
<br /> � "— , ,`,��°'�-.��� 1Q PffiOPEIt'fl'Y�OND�TION,ALTEItA'�tONS AI�iI��ECIl01el.Granf,���wili keep the ProperEy in gaod __
<br /> ; .�<.:�r.: � condition and make all repaus�hat are teasonably aecessazy.Grantor s�tall''dat commit or allocv any waste, _
<br /> ��,.;';� � , . - impaument,or deterioratian of the Praperty.Grantar w�l keep the ProPertp free of noxious weeds and grasses. ___ -
<br /> , •. �� Csrantar agtees thxt the namre of the ooc�agaacy and use w�l not substantiaIIy change without B�e�s pr"ior vvcitten -
<br /> �:t�.:r' oonsen�.Graiitor w�l aot permit any change in any ticense.restrictive ouvenant ur easement�vit�riout Leader's priar '
<br /> ���' ',. .: �.,,; �� written consen�Graator m'D notify Leader of ail demands.Proceedings,�laims,and aqions againsE Grantor,and of -- -
<br /> � � � � aay toss or damage to the PropertY• .
<br /> �';�� ` �" .'�`'��� Lender or I.ead�z's agents may,at Lea,dea's:o8nop,Enter the Property at any reasonable titae for the purpose of
<br /> ,_.. �; •.
<br /> � "; inspecting tl�t,K.��perty.Y:ender shall gi�e Grantor notice�t the time of or befope an inspection specifyiag�
<br /> �`�:' : �: ''':;��r�,;��: reasc,uable�q:x�i�se for the insp�on.Any�nspectict�of the Pt�perty shaU be eatireiy for Lender's beaefit artd
<br /> Qsaittor wiD in no way rely on Len@e�s inspection.•. ,. _ . ::��;..
<br /> ��� ;.�`�4A�'`��.,,���� 1L �4U'Y'HOItiTY TO PERI�0�1�.If Grantor fails.t�ti��..+rlorm any duty or any d+�the covenants contaiat�iin tbis
<br /> �ty.
<br /> ' � Secvriry lnstr�ept,Lender may,wi4hout�totice,pertmm or cause them to be,pedo�ned.t3rdntor appoints Lender _
<br /> � : ��'� as attomey in fact W sign Crantor's name var pay any amouut neces5ary far perEormance.Le�dc�"a.,rig�t to perform�far .
<br />;_�,,��'..�'�� �. , , � Cira�ntor shall not create an obllgation t�;perforw,and Leader's failure w perform�n71 n4k,!��lude Leader from -
<br /> ,�crcisiag any of Leader's ather rig6ts under the law o�this Security Instrvmen�If?.�Y constr�t�l�ri on the Property is
<br /> ��1.'t �: ' d�:�continued or aot carried on in a reasonabte marrta�.Lender may take all str�s'necessary ta pmieoL lf�nder's _
<br /> , . • � ' . secvrity interest in the Ptoperty,indudiag conqpletiar�a��`the coastiuction. ' � '
<br /> ��,��>��� ��,�. � 12. ASSaG1V��F�.IEASF.�AND�E1�F'1f3.Cnantor irievocably g�ants,wnveys and seUs to Trustee,in ta�st for the -- -
<br /> � .' � . benefit of Lemti.�,as additional secutiry:�:akte right,titte aad intc�s in and to any and all existing or future leases,
<br /> � � of aa ortion of the Property,
<br /> �. :. ... :' i� ` su�ieases,ani�`eny other aritten os ve�a7�greemeuls,for the s�.�:x'nd occupaqc9 Y P _--
<br /> � ::;���, isr�il�ding any extensions,renewats,modifications or,�z:��:itutions�af such agreemrzets(all refe�red to as"Leases")and _
<br />� ' :���'w;.>:.: . �issues and pro8ts(all referred to as"Rents"g:�entor wiil�pmmptly pn�vide Lender with tnte and�conect �:;,
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<br /> � '.- '���'��� � aopies of afl existing and fut�rre Leases.��sto{may�l2ect,receit�enjoy and use the Rents s�ton$as Grantor is not n 1,..
<br /> �`• .. � in defauIt under the terms oi this Sec�ti.i�*Zcszrumen�.
<br /> Grantar acgnowtedges tb�at this ass�S�m�d�is PE��ed uyon the recording oi this Dced of 1'istst and that Leader is �-
<br /> ` � ��;+;;;;,"._��;'. en ti t Ie d to a o t i f y a n y o f G r a n t o r's t e n a n t s to mak���;.��ment of Rcnts due or to become due to Lender.Hawever,
<br /> r,, Lender agrees tHat oaty on default will I.ender notify�rantor aad firantor's tenants and make demand that all future
<br />�=�� -�� :�'`�`�- ���'�-� Rents be paid duestly to Leader.Aa receiving nalice of defavit,G r s n t o r w i ll e a d o t s e a n d d e li v e r t o Leader an y
<br /> .-,.��- �-
<br /> ':�:' : � payment ol�Reats in Grantor's pnssess fon�an d w i l l r e c e i v e a n R e a t s i n t r u s t f a r L e n d e r a n d c w i ll n o t c o m m i n g 2 e t h e
<br /> �' . Rents with any arther funds.Any amounts oolleded will be applied as provided in this Securiry Insuumeat.Grantor r.,
<br /> �c. � ' t�t r a n t s t h a t�n d d e f a u l t e x i s t s u n d e r t h e L e a s e s o r a r ry a p p 1 i c a b l e l a n d�a r d/t enant law.Grantor aLso a g e e s to maintain �
<br />.� .,,...,��; ,'�•,: : attcl require any teaant to oompty�bth the terms of the Leases aad applicable lan+. •�
<br /> � 13y LEAS�OIASs;COND016911VItJl�tS:P�,AIITNED�JP11T.Y1L'V1ElA�16�iE1�P[S.Grantor agccs to oomply with th,:
<br /> �� •� '��� �� �:�` provisioag of any teasc if tdis Security Instrument is on a teaseho2d if the property includes a unit in a oondaminivm _
<br /> ;.. " ' � � � . or a planned unit development.Grantor will perfotm aU of Grantor's duties under the covenants.by-laws..or
<br /> � � � . ' � regulations oi the coadomimum or pJanned�mit development. �`�
<br /> :,�.;.,� ��:� .: '�` � i� DEFAUCI'.Grantor�v�11 be in defauIt ii any party obligated on thc Secund Debt fails to matce payment when due. '
<br />��� .�___ _ ' _ Grantor will be in defauIt if t1 breach oacnrs under the terms of this Security Instrwnent or any other document �
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