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<br /> ` " �"=.. '�� �. Ait�ed�rances from Lender taQra�tor or o�her fi�uue obL'gations of Grancor co Leader under eny�r�mi�y � �� �:`
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<br /> . . � 4otc,cnnuact,guatanty,or othet evidenoe of debi executed by Grantor in favor of Ixndet e�uted.aftet t6is =,�t.
<br /> Securiry L�siituuent N�tethec or not this Sectuiry Instr�mgnt is specifically referenoed if moce t4ma aae�person .
<br /> � m�tRis Seamty Ins�meni.eas6 Grantor agrees tl�at ttvs Sec�uity+Insoniment w�7!aQCVre all fututc a6!rsstces aad
<br /> . .. . �ture obbgatiaas thai ar given to or iaaured.by a�►y one or mo:e Gxantor,or any one ar more tfraator agd
<br /> : ' othe�,Atl fttwre advauces aad ot6er futune obfigi�ons are secured by tLis Security tnstn�nent even thou�alt or `.�.
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<br /> , � part may nat yet i�advaaced.Att futiue advaaegic�, and ot�er[ut�u�e obligt�tioas tue se�d ns if made an tiie dau
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<br /> . .. :��: �,�.� of this Se�nrity iastrumea�NoWiag in thig Seciuit�r Instrnmeni sh�l�oonstitute a wtnmitmeni to ma�e ad�tional �-,r
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<br /> or future loans or advauces in any amaimt Any such mmnoimteat muss be agreed to in a separate�vrituQg.
<br /> �� � AII abttg�ons Granwr o�tts ixQder.vrhich may iater arise,ta 1�exEent aot prohtbiEc�t!by taw,ittctucfing,but � -`
<br /> - - , qat tim�ed,to,tiaWifles fatavsrdra.€ts reiat�g to tsny depost acaount agreement betwsea Grantor and Leader. �-`u`
<br /> � � ' `. D.A}I ud�aal sums edvanced aia�e�t�s incarzed by I.ender t+or insuriagr Preserving.uc atherwise pmtectiag �i;`�;
<br /> ° ., ��: tbe Frope�'tY.and its vatue aad eay oth$r sums ad►+Enced and�incursed by Leadec uader the terms af m��-
<br /> - � ��•_ wfs Sec�tg t�suc�an� -
<br /> � 'Y6is Seca�tg�Ia�ramentw�71°hat seau�e any ather debtif I�ander fa�2s t�give say iequin:das�ti�af We�ight of r�aa =-- _
<br /> 5. P�9t�4�Prd�Qaan�*�ag�s t6at aI!payments uuder tli�S��ebt w�l�be paid when dae aad in acxordaamae _ -
<br /> , , aQtt�t�e ter�8�tf�Seatced Y?ebt and t6is Sec�uity instinmzeat� _--
<br /> >'�� 6►, BiiA�itiArP�Yf Eid+!1TiH.E.Grantor warranis that C�rantor�or w�l�h�:lawfnlly seized of the estate canveyed bq th� °-_-
<br />-:`>=4i: - S�asiiy�n�aarent aad has tY�e rigbt to irrevacabiy grant,wmicy,aad seD the Praperty to Tnistee,in trust,witb -
<br /> :i`;� ::='` .:.,��' powerof sale.C:aatoraisotivarrants thatthe Prapertyis imeacumbered,exaepiforeaaimbtaaces of recotd. � ---
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<br /> ' -, �r;�<< , 7. PRIOR SECIJItYIY�Pl��t�Sl�With regaM to any at6er mortgage,deed of trust,seGUity ageeme�or other�en
<br /> .: ` �{ �t���` d�rasent thai created a 'or seaui �atenesi or eaaimbrance on the Pc '
<br /> � > pn ty� operi}►,Cranioragree� �
<br />.'�F'��..�e�•;Lf�}-:",,,��;�`�� .. A To make ati payments when due`anc�tioperform or wmpty vlit�all covenants. �•.•:�-��
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<br /> ,-, `-.�fo�� �iJ`.� ,. • B. To pramPtlY deliver to L�ader aup�#a�esthat Graniazrecei�€cam she�o2der. -__
<br /> ":�?.r� Y'�:' " G Not to aBow any Euad�ution os exC�nsion o�aax.to request a�y ftrture advauces ander�ny note or agroement ---
<br /> ' � 'r�s °� s.'' secured[ry the tien d�i.�srr�:�at withoot Lender's��r written can�nt _
<br /> ,s r i{, : 1 4���.. g, C�.A�AGAI�iSa 77�.�.s`"urantor w�71 pay at�ta�s;as.s�w�i2eas.en�eaaces.ir�se payments,&rotur8 �-*�
<br /> ��G�`<<, , t° '.� � rents,uL'}iti�s.artd other charges retating to the Progertq w�ea due.L�r atay requnre GranU�+,�tc�pmvide to I.eadec �
<br /> ,;_�?;:; `` i.:� copies of a91 natic�s�Ptatsach amounts are due and th��ts eui�g Craator's paymeak+�rantar.w71 def� �..°-�`�..
<br /> ''s``��,s��' � :.s� 'titte�to the PropertY agamst anY daims that woutd�t��eu of this Seauity Instt�unen�Grantos agrexs to assign _
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<br /> '�.c,fi .�:rk trs�der,as requested hy'I.ender,any ri�ts,c�aims as��e�ses Grantor may haVe againsi parties w&o supgty tabor _
<br /> � f::,f#.a����-.?,s orcvateiiaLstomaiataino:improvetheProgerty. = . �_
<br /> 1 �. 'tV�'t��. �. ` � DtIE ON SAL�QAA ENCiFNlBRANCE.��c�rr�a.ai��s optia�,.r�.te.We entire balaace aEt�Seaued Debt to ----
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<br /> �� ��` be imitiediateig s�ci:and payable upon the r�r..�,"�n o�orsomrac�.�t�trt�creation of.any t�ew�branse,tcansfer —
<br /> . :,' �: ,� � . or sale Of the �• 'Iliis ri t cs sub ec��b�itr�r�ons ) applisabte, ==�- .
<br /> . :�..,;•. • �?'�Y• P� � l ffiP���y federal.LaQV(l2 C.�.�t.591 ,as ,
<br /> ,r�;'r�f, . : ��o:venant sltall nm with We Property and s�afz�t�in effert uaril the,�airr�d De6L is paI@ in full and this �"---
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<br /> .,;:; 10. PROPE��Y���1bITiON,AL�RA'TIONS ANi��iNSP�CTiON.Granior�w7��eep We Property In good� --
<br /> ' .. ',��'��'* conditiou�;�e all repaiis that are reasonabiy neressary.Gr�ntor shall aa!coa�mit or allow any aaste,
<br /> '. � impairment,cst���erioration of We Property.Gzantor w�71 keep the Property free of nauous weeds and grasses. ----
<br /> '�:+��� �� ' � GrarlL�yr agees that the uature of the aaupancy and ase will not substantialty change without Lende�s prior mftten -
<br /> ' ':' ���� � oaas�at Grantor w�l noi permit acry change in any license,restric6ve covenant or easement without Lender.�s p:ioi ,
<br /> < �•��.� .� � �•���•� written consent.Grantor an�l notity Lender of all demands,proceediags,claims,aad actions against Grantor,�..-tif of
<br /> � `-..`` any Iass or damage to the Propertp. --_
<br />- � . ' `: Leader or Leader's agents may.at Lender's option,enter the Property at aay reasonabie tuae for the pnrpose of �� "
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<br /> . .._ '�t:��• � inspecting the Property.Leader shall give Grantor notice at the time oi nr before an ins,��ion specifying a . �
<br /> � �,•,.;�����.,:' reasonable putpose for tbe i�spection.Any inspect�oa of the Properly shall be entirely faz_�iter's beu:ef�t and
<br /> , r�� ` Gr�tnr wiU in no way rely omiLeader's inspection. : ::�
<br /> •�����'�� � 1�. A�i0atY1�TO PE13FOliM.If t'irantor fails to perform any duty or any of the cove��u:�3'contaiaed in tivs -
<br /> -- s� �� ' Secarity Iastra�uent,Lender may,without notire,Perfotm or cause them ta 6e performed.Grantor appaiats Lender =- _
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<br /> •<;� ��, ��Y �.: �. as attomey in f�to sign Grentor's iiame or pay any mnount necessaiy for perfonnance.Lende�s right to perform for _.
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<br /> . � • tr<�`s�.�5' '�.° Gra:.tor shaU aat create an o6ligation�o perform, aw�'�:ender's failure to perform will aat preclude Leader from
<br /> •:'':�'�ft;�.: .`':� e��ising any of Lender's otlter rigtits under the law c��.�s;�Security Instrument.U aay canstruction on the Propeny is � _--
<br />=;���,:: • • .. ° dlscontiaued or aot carried on ln a reasoaabie mancv;Lender.may talce all steps necessary to protect Leader's
<br /> , � :.� y` .securiry interest ia the Property,inctuding camptetioq of the construc�.n. � �,
<br /> ,s.. .. �- ..::-;�.�:' f� ASSIGN1VVdEE1►li'OF LLASFS AP1D REIifi��►;,Cirantor i�rrevocably gr��:�.conveys aad seUs to Tr�tstee.in wst.tor t�e �.�� t.:_,':',
<br /> • benefit oi Lender,as additional security aIi r7se right,t�i�and intsrest ia and to any and all existing or future leases, E��'�
<br /> � ����;;jU�:��'.* subleases,and any other written or verbal agreement�Far the use and occuparccr��of any portion of the Property, _ _--
<br /> - _ ���:r�;t:������•� including any exteasions,renewals,modificatians or�utians of such ag�ree�c.ats(all rieferred to as"Leases")and =�_-__
<br /> _ � ;.. � rents,issues and profits(all referred to as"Rents°j.�aantor will jnomptiy pravide Lender with true and eorrect �";-�
<br /> . , ..:� capiES of all existing and futwe Leases.GranWr rnay coiJect,reeeive,ea�oy and uss the Rents so tang as Grantor is nat
<br /> . in defauit unde�r.�s terms of this Security 1nsVameat. , � ';
<br /> ,?�,�,s�. .�. GrazLWr ackca�rl�dges that this assignment is petfe��t�p�n the re�arding of this Deed of Trust and that E.�ader is - �_ ,
<br /> . � �:.`;�it�:.h4��, � en5s:ad to noiif}+any of Grantor's teaants to make payrti�nt of Rents due or to become due to Lender.Efirrarever. °���.
<br />-- '�°�;, ���,�r agees tVZat only on default will Lend�r aatify Gr��,.^tor and Grantar's tcna.at�and make demand that all futnre '�"
<br /> -� � i3�ts be paid diir.etly to Leader.On receiviag notice of default,t'srantor wU1 endorse and deliver to Lender any '�'
<br /> , � _ payment af Rents in Grantor's posSessIaa�,�will receive any Rents in trnst for Leader and witf cot comming�e the
<br /> �� LLt�ts with any other 5utds.Any amactn�s c:c•�iected will be applied as provIded in this Security Iusirumen�Grantor __ '
<br /> ' .:r�._,. �;� ws�ants that no deisult exists uader ti:e I.�:�ses or any applicable landlord/tenant[aw.Grantor aJso agrees to maintain
<br /> � . , and require any tenant to oom�iy tivitb tke t�s of the Leases and applicable law. ' •
<br /> . •�-. . .�� !� LEA9EIfOD.D�CONDOMD�TIUIVYS; ri"�.4.'r'1��D UNiT DEdELOPMEI�3TS.Grantor agecs to comply with the
<br /> _ - � - provIsions of any lense�f tbis Securiry ias�:ment is on a Iease�old.Ii ihe Property inciudes a unit in a condomini�un
<br /> ' ' _� • or a planned unit development.Grantoc wili perform all of Grantor s duties wtder the covenants,by-laws;or •
<br /> ' '. :• . " regulations of the coadomiruum or plaaned unit development.
<br /> _ � ' � , 14. DEFAULT.Grantor will be in default i!any party obligated on the Secured Debt fails to make paymeat when due. �.
<br /> ' � �� Grantor will be in default if a 6reach oocuis under the terms of th;s Security Instrument or any ottter dorument
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<br /> . . • 6,ea�eanrma systaro.uti.si.aoae.emu p�oo�zta,�wm ae-m•r�ere�se
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