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<br /> Unk�.a otherwise agrced in writing,all in4urnncc prcwecds shall M:applied ta thc restoratiy�r repuir of thc Praperty
<br /> ur ta the Seeured U�bt,whether c�r not lhen due,at I.ender's aptian./4ny applicudon af prcuceds to prine►psl shall not
<br /> uatend or poet�an�thc duc dete at thc�chedulNd payment nc►r changc thc emount uf:my p�yment.Anv cxces.v will be
<br /> paid to the CiraMor.U tho Property is ncquired by I.enckr. C3rantor's right to any insurencc pc�licics and proceedx
<br /> resulting fr�+m dmm��re to the Propcny before the ucyuisitiun 9ha11 pasa to I,ender to the extcnt ai the Secur�ci Debt
<br /> immediAtely bet�ra tho acquialUon.
<br /> 2A. FSCROW FOR'1'AXES AND INSURANCE.Unless otherwise provldcd In a scpurnte ugreement.orantar wlll not
<br /> be rcquired to pay ta I e�tder fund�for taxes and insurance in escrow.
<br /> 21. FINANClAI,REPORT9 ANp ADi1f1IONAL L10CUMEM'9.Cirantar wtU providc to[.ender upon rcc}uest.any
<br /> Gnanciel statcment or intormation I..endcr may dccm res�sonably nece�sary.�rantor agrecs tn sign,deliver,and 61e -
<br /> any additional documents or certificationg that Ixnder may cousidet necessary to perfect,conliaue,and preserve
<br /> Grantar's obligatiarts under this Sccuriry Instntmertt and Lcnder a lien status on the Prnperty.
<br /> Z2. JOINT AND I1VDiVlDUAL L1ABI1.1'rY;CO•31GN�itS;SUCCESSORS AND ASSICNS BOUND.All duties
<br /> under thls Seturity lnstrument ure joint and Individw►1.If Cirantor stg�s this Security Instrument but dces not sign an _
<br /> evidenoc of dcbt,Grantor dces so only to mortgage Grantor's interest in the Property to secure payment af the
<br /> Socured Debt and Grantor da.�s aat agree to be personally tiable on the Secured Debt.If this Securlty Instrument
<br /> secures a guaranty betwce� Lendt:r. and Cirantor.(irantor agrces to waivc any rights that may prevent Lender from
<br /> bringing any action ar ctai��a�ast Gxarnr,or or any party tndebtcd under tk�obligatnon.Thesr right�may include,but
<br /> are not limixed to,anX antn-defie�'r�ec.�y ux���e-ac�ion laws.Grartas a�rrccs Al�at i�a:�es ae�•r.ez;r par.t�r M this Security
<br /> Instrument nuag extend,mo�elify or u�akc anF chanige in Yhe Rerms of¢�is�r�.an�ity In�,ertoment v�r a¢�y¢vi,der►ce af debt
<br /> witlu�ut Grantar's eo�ns�enG Suc�.u ct�angc�ie9 na�t rcleasc Gcantor fro�ulh��t��s�c�E atn�5ecurity!Ins4RUnnent.'The
<br /> dutir:�aa�d Rkne�its.of al!ois S�eEU�itry•�T,�astrur�van3 sleall bi[�d arr.ri!l�:,.e��fit the's���u��.�.s�L��iamd n.�;si�of Gra�tar fu►d Il.ru4�tev.:
<br /> �. �iPY'r,�.kl�f;.�i,��:�?�P.;�aE�'EPtAlIII.1TY;�1!�!F4�'�'�'�s'.!`'.!'L')�:;11►is S�E��ay 9m�s°a��n��nt�go�rceaati.d b►•th�Baws v':'
<br /> qhe�nn�����!wv�°m�im•�R�hir�I..ender is locate�l.�x���pt ta�'ihr c.�tenc ut�n�«v?se p,crc1v�i�ret?�y�h�lawa��tiac �Jv.tasi7!�ici'so.� °
<br /> wia�Qe.rt�e�1Pii���atty is.located.Thjs Sccurity�TnAtrun�cr�4 is complet�e.xaa�f�ll��isat��qr:aacd:'Chis Secu��ty��l��st��cuac:�,t may _
<br /> nvat br am�ar��1�d�os m�dificd by oral agrcamcnt.r�»y scctiun in g➢�is ��::curity itmstrinmtat,�tt��hrnea�ts,�:t nny
<br /> agr�;c:r�crnt relat�ccl'io tp�Secured Debt tt�at canfli(:ts with appGcable law wilt n�t bo a.t���:,76vr,umlecs QP:at law enpressly
<br /> or impliedly pora�tts the varia{ions i�y written agreement.If any secrion of this Secu�ity ia�sirument caanot be enfonxd
<br /> according to its terrrs, that section will be scvered and will not affect the enforccability of the remainder of this
<br /> Security Instrument.�henever used,We singular shall include ths plural and thc plural the singular.7'ha capdons md
<br /> hendings of the sectioas of shis Sccudiy inat�u►iia;�t a�e fc�r r,unscaicncc assly snd ar�nos i4 be u�d s�ins��4 M'
<br /> define the tertns of this Securiry InFtrumant.Tlmc is of the essence in this Security Inatrument.
<br /> ZI. SUCCESSOR TRUSTEg.Gsnder.at Lender's option.may from time to time remavc Trustec end appnin� a
<br /> succeasor trustoe without any other[armelity than the designation in writing. The succes�or tru�tee.without
<br /> oonveyanoe of the Property.shall�uoceed to�11 the title,�wwer and dutics ccmferred upon 7'ruttee by thie Security
<br /> lnstcumeni and applic+�ble law.
<br /> 2S. N(Ft7CB.Unkia othcrrvia� rcqufrcd by I�w.any natice shail t+e gfven by drliv�ring lt or by nsrfling it by Nrrt d+�
<br /> m�il to the appropriate p�rty'�addre�an page 1 of shis 5ecurity Instrurt�ent,or tu eny nther�ddrcM cbri�n+►tsd in
<br /> wrid��.Notioe to one�rnntor will be decmtd to be notkx tc►aU g,rentors.
<br /> Zf� VyA1V�R8.6xcept to tt�extcnt prohibited by law,Grantor waivcs all appratscrmnt And hamcstcad exemptbn ri�l�ts
<br /> rclatia�to tt�e Pc�perty. ,
<br /> 2'f, pTN�R'ItiRMB.Jf djedccd,�hc following arc epplkable to this Security Inctrumcnt:
<br /> X�] Iye o[Credk.The Sccured Debt includes e cevolving line of credit proviaion.Although the Secured Ikbt
<br /> mey be r�eduocd to a zero balana.this 3ecurity Instcument will rcmain fn eitect until releasKd.
<br /> 0 Gorqtrretioa 1,o�s.Thia Security instrument secures an obligation incurred for the construct�un ot an
<br /> Ict�pmvement oa the Property.
<br /> ❑ Pist�e �tIM�.Orantor grants tu L.cnder a security tnterestt in aU gou&�th�t Grantor o�now or in t�e
<br /> future aod tbat are or wiil become Gxtures rolatcd ta the Property.This Security Instrumont suftioes�s�!
<br /> financing statement aad any carbon,photogr.�phlc or other reprnduction may t�e fikd ot reoord tor,purywsCs
<br /> of Article 9 of We Uniform Cummeroia!Cadr.•
<br /> ❑ itNen.The covenants and agrecmenu oi each ot�the dders cbecked balow are incorporated Into+�nd
<br /> suppiement and amend the temu of thia Security Inatrument.[Check all applicable twxesJ
<br /> I�ConAominium Ridei Q Plenned Unit Development Rider ❑Other..........................................................
<br /> ❑ Addition�l Texw.
<br /> SIGNA7VRES:By signing bclow,Orantnr agrccs to the tcrms and oovenants containcd in this Security Insttvmcnt and in
<br /> any att�chments.Grantor also aretnowledges ctceipt of a copy of this Security Instcument on the date Rtate:d on page 1.
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<br /> IfATHtEE[I A SCHIACHTER (Ps9s,M I)
<br /> o,wr errw.srw�+x w,�..s�.cww.w aaoo��xr»r�ne-uT.e�aw� Ih Ca�.Eq.liby 21.200D
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