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<br /> .;�`:��`.,� B. All fat�ue adv�..aoes from I.eader to Qaantor or affier futur$obGgations of Graatar to Lender under any pram�arry �
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<br /> ���i �`�: > note,contrac�guarantp,or other evidence ot debt exeqited hy Grantor in favor of Lender executed after Wis �
<br /> ' .; � -s: � Secm�ity In.strument whether o�noi thls Sectirity Instrunv�nt is ecificaU refercaoed.U more thaa asne eison �
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<br /> .�,.., >,:,�`'::�,;�`:�� sigps tLis Se�rity Faswment,eash Gisntoragtees llrat ihis Secutity Instrumeat wHl sec�ue ell fut�ue advauce.c ttnd � 6`
<br /> .°:�<-;.;:=�:,: �: �, fi�t�nbliga�vns tbat a�given to o:inaure�hy any uae a more Grantar.or any one or m�re Grantor and � �_
<br /> ' `.;�:'�;:::�... . otheis.All futme advaaces and othQr futiue ablig�tioaa are secure6 bv this Sec�rity I�wmen3 even Woug6 all or
<br />;�',r::4 -- ° part may uot yet be advanocd All future advances and other futum obligations are sec�red as if made an the date � �
<br /> ` f` of this Seauity I�nst�m,.ont Nothing ia this Seauity L�strum�nt sh�ll oansfitute a oo�mitment to a�ake additional O
<br /> •��� _ or future[oans ar advanoes in eay emouns.Aay sach wmmi�ent must be agreed w in a separate vhritinb. � �
<br /> �`-�:��_`:--, C. All obli�ations Grantorawes to Leuder,which may tater arise.to the extent nort pto6i�ited by law.iac�uciing 6ut �
<br /> , `,- < ;'�,� not tiauted to,liab�i�es for over+drafts relatin to an de asit aocount a � �-
<br /> S Y P geement between Grantor aad LendEr.
<br /> D Ail ad�tional su�advanred aad expeases incinred by Leader for iasuring,presenm�g or otherwise pmtecting �:
<br />? : '� � th�°Aropecty a�d its val�ee aud aay olher sums adva�ced aad exgenses iaarmed by t.end�r�.�the teims of -
<br />-`` ' � WIS SCC�lLSt�Qt.. - —
<br /> �' -�"� 7h�s Seattity�astnmventw�Inot seaua aay other deb!if Lenderfa�7s W give a�r tec�uir�c!acn�ce of th:aghiof rescissiv�, __
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<br /> r ;_ �" � S. PAYN[�7�.Gxant�,agr�s that�N�paymenss�aderthe 5e�taed Debt,wtll�h�paid tvhen due aad'ui�ac�xdanae _
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<br /> ,,E;R �,.'' ,.;, witi�t�e temts of tbe Seared I?ebta�d this See+uitp�ostrumenL• .
<br /> r�" ', � 6e WARBe�i►F�Y Q�+T�7,E.Crantar_w�n�yzxs that Grautor is or tivili be lawfullp seized of the�tate canveyed by th� ` �
<br /> i. . :' Securie�r�t and has the rigTtF Qa i�oavocablY grant,�nvep;an��seD the Property to Trustee,im trust,wiih -,•-
<br /> „ {, �-:"_ gawer r��af�;�'iantor also warrants tl�att�'properiy is uaencumber�d,except for eacumbraaoes of record '
<br /> , � ����, • 7• ��.��"{�1l�1°I'E�.W���ard w any other mortgage,deed of Wst,security agreement os at�er liea -
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<br /> x;'yf�a��r �. �i-��eatedapriorseeutity�"�'siorencumbsanoeonthePtoperty,Grantoragrees: ,,.�
<br /> �v�...:���, . .. A. 'Fcn�e�paqmentswhendv.��xoperformorcamplywiF�elicovenants. �-
<br /> ." B Ta ti detiver to I.euder a�ttie�ces that Graator t��es�the hatder. �:,'
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<br /> f� '` ' �^� C. Not tu�a11E#w aay modification or�on of;nor to request any fiit�ne advaaces uader any�ote or agreemeni �
<br /> . .;;;; ,._:..�:';. securea3�y the tiea documeat withaut Leader's prfor written consen� �•�
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<br /> � CLAIMS�lGAINSI'�Fi.�Grantar w71 a all tau assessmen tie •.
<br /> `' P Y es. ts, ns.encumbrauees,la��payment�,Srouad
<br /> '`�M � rentq.wilitie�and other c�arges relating to the Property when due.l.ender may require Grantnr.to provide to Lender r�.-:
<br /> capies of aq�sii�lioes that such araaunYs a�due and the receipts evidencing Craaw�s paymen�(irantor w71 defend '�
<br /> ' � title W the 8";�.��rty agaiast any ctaims thatvroWd hnpair,the tien of this Security IAStrumen�Grantor agree.s to as�ign
<br /> '�.�`� �'�.:. ' �'�`�eC'as���ed bY i.�der,any rights,cla��s defenses Graator may�trai��:agatnsE patties who svPPiS+fabor _
<br /> ,,�:,�t;;�;{ �''. �t4'��eaialstom�iaWiaor�qravethwProperty. . •; _
<br /> :it, `:�;; 9 �,,�r"���}�iS/�OR ENC�f`{��RANCE.Leuder�y;a4.:its option,declaze the ent�re balaase of the Seciued De6t to -
<br /> , �� .�. .,'„'�i � ��aed�.,.�r�ite aail payab2e upon tbe creation o��or contract for the czeation o�anY 1ien,eaatmbrance.tramsfer .
<br /> ��•"':= ....<; or saie of the�itvperty.11us right is subject to the restrictions imposed iry federal law(l2 GF.R.591
<br /> : . �:_;�,<�' '� ),as appHcable. . _-
<br /> �.,�. r'�;;t•, �veuant shall run with the Property and shall remain in effect euitil the Secured De6t is paid in full aad this
<br /> �'' � ,,: tp Iastnuaent is release� -
<br /> � . �?f�'��'!� � 10� � .�E�YTX COND
<br />. _-_._``--,}:� :q. I�ON.AI.TEL3ATlONS AIVD INSpEL'd'I�N.Gsantos witl keep the Propetty.�� -
<br /> . � �;-: cois�itian and make aA repairs Wat aze reasonably necessary. Graator shaU not commit or allo�v any waste.
<br /> . ��,, .•.: ' .impairment,ar deterioration of the Praperty.Grantor will keep the Property free of noxious vteeds and grasses.
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<br /> Grantor agrees that the nature of thc occupancy and use w�l rzot sabstantially c.bange a+ithout Lende�s prior written —
<br /> ':� ,��;:�����f}. c�en�Granwr w�71 noi permit aay cbange in any tiaemse,restrictive oovenant or easement without Leade�s prior �
<br /> _.:';sn� �t,ti„ ►�ri�n coitsenl.Grantor will notify I,ender of all deunands,proaeedings,ciaims.and acfloas agaiast Grantor�aud of
<br /> '" �� � �:..�+�ss or damage to the Praperty.
<br />' � `�'. �'•. `:,' . ;.&�der or�;r.i�i's agents may,at I.end�er'�:optIon,enter the Property at any reasonable time far the piapase of
<br /> ,°�, ' :i��aecting t��.fr'�percy:�ender'ahai�:�V��rantor'notice at the time of or before an iaspection specifying a � :._
<br /> . � .�, ,r���n.able pui�use far t�e.inspectiot�.'19u�:�.of the Property sha116e entirety for I.ender's benefit and
<br /> -. .•,. . . '�",�,.,�tvi will in no way relyrxxa.'&.ender's�i�e�tion.�'�. • _
<br /> :� � ��. �F�� ' 1�►�t�'�f�OR�'1'Y TO PERFf�69��.If t�.racw�rt t�ils"to perForm any dury or any of the covenants contained ia tius '�
<br /> ',� ; ° '.aa��rity InsWmeni,I.enderr.��y,withcy;(���,p�orm or cause them to be pedormed.Crantor a�oints Y,ender �
<br /> �.{' ':'�;��. �.:;�,Ko;ney in fyct to sign Grantoi's nameo��ay aay amount neaessary Yor performance.Lender's right w perform for ,� .,:f�
<br /> " . ��' �'�'""�� • � �T.rrantor shall not create an obli�ation�to perform,and I,ender's faiture to perform will n,ot preclude Leader�fmm
<br /> � �'�i'cising eny of Ixnder's otfr�r rig6ts under the!aw or this Securjty Insm�ment.If any construcdon on the Pr��i}r is � �,, ` -
<br /> . ��� ' ' ��j ' ' �iFtt�ontinued or noi carried•cri.in a reasonable manner,I.ender may Iake all steps necessary to protect Lender's ; 'F
<br /> ' , ;, ,. 5��uity interest in the PropetCq�,ineluding,�ompletion of We construc4ion.
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<br /> . �:;.� � lL ASSIGNIa1ENTOP�.EASF.�i AND f�P4't'a.Grantor irrevocabl �„� �:'
<br /> y grarrSS,conveys attd sells to Tnutee.in tnist for We
<br /> �..���� benefit of Leader.as additiona1 sectuIty;,�ti�e ag4t,tit�e and interet;�:�and to any and all existing or future leases, � '`
<br /> �.: . � �,_�� , , ' at�bleases,and eny other written ar ver��2�agreemea�for tha use arei�ccupan:q�of any portion of ttte Property►
<br /> •". : � . ize�itllt�h�any extensions,renewals�madi�C,r�z8ons or sa�t;Wtions of sudi agreemcrt�(all referred to as"Leases"j and. �'
<br /> � .' ��� ' tuaia�Issues and profits(a11 rcferred to��"Rent9").�€#raittor will�;rotnptty pmvide L,eader with true and co:rect
<br /> " � . ��� � copfes of a!1 existing and fuhue Leases.G';,s�t�r may�ollect,reaeiv�,en�oY and use t@e Rents so long a9 Gtantor is not
<br /> in default uader ihe terms of this Secmi�ty�r1��'.rumon�� � �'.�'-
<br /> - ,. -,;;,,�,,:� Grantor acknowiedges that this assigwment is petfected upon the recording of this Deed of Trust and that Lender is �;�_:-
<br /> � �.,.,��y,�; . :� � eat�.d�d�to notify any of Grantor's tenants to make payment of Rents dae or to become due to Leader.Hacvever, `
<br /> �• -�i�+��� l.c�deregees that only on default will I�nder notify arantor aad Grantor's tenants and make demand that all futnre
<br /> .'� � :��" Rent�bo paid directly to Lender,On reoeiving notice of defautt,Qrantor will eadorse aad delives to Lender any
<br /> : . . .. payment of Rents in Grantor's pas�ssion and wlU�teoeive any Rents in trust for Lender aad adll not oommingle the
<br /> � Rents witb any otiter fund5.Any aatotmts collected will be apptied as provided in thic Security insuument.Grantor �
<br /> „ •. warrants that no defatilt exists under the Leases or any app)icahla landlordltenant law.Grantor also agrees to mainta3a
<br /> aad require any tenant to compiy with the terens of the l.eas�s sutd applica6ie iaw.
<br /> -- _--= 43� LEAS�1lIOLDS;CONDQIA�YIE1IlJM�;�LAN1�D!)Md'DEVELlDPMENI'S.Grantor agrecs to campiy wiih the - -
<br /> ''_ � �. � provi5ions of any lease if Wis Securityr InsWmeat is on e leaSehold.If tbe Property includec a�m������.����;�� �.-�
<br /> . . ' ;-"_ � or a ptanaed uait Qevetopment.Grantor will perform all of Grantor's duties under the covenants,by-laws.os
<br /> - � ., regWntioas of tbe ceadaminiwn or planaed unit deveinpmeat. � .
<br /> _ , �4. OEFAIIl.T..Grantor wiit be in detaWt i€a�►party obflgated on fhe Seeured Debi faits to make payment when due. •
<br /> _ . . . Grantor v�ill�be in defautt if a bmacb decurs uader the terms of Wis Security Instrument or any other dacument
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