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<br /> Unless otherwlse pgreed in wrlting,all insurance proccede ehall be applted to the reatotatlan or rept+ir of the Property or to
<br />�' �-0 the Socured Debt whelhsr or not thr.n duo, at Beneficiuy'e option. My application of proceeds to princip�l sh�il not '
<br /> � extend or poatpone the dua date af tha scheduled pa rnent nor chAng�the amount af any payment. Any exc:ess will be paid CSf ::;,
<br />. .,� to the Cirantor. !f the Pro rty is uired b Bene�c1 Ttuetor's ri�t to any insuranr,cpolictes and rocxeds teauitiug � _•
<br /> . from d�cn�e to the Pconeny beforeqthe xquisition sh�l�l pxss to Benetisi�ry to the extrnt of the Secured�ebt imcnedintely � °
<br /> ' beforo the acquisition. "
<br /> ,.:#x� 20. E6CAOW FOR TAXES AND INSURANCE. Unless othonvise provided in a sep�r4te agreement, Tnistor will not be a r
<br /> nquired to pay to&neficlary ftinds for taxes and insurance in eacmw• �
<br /> 21. FINANCUL REPORTS AND ADDTfION.�L DOCUNIENTS. Trustor will pmvide to Bcr,aficlary upon request, any � �,'
<br />= financini statement or infom�atioa Beneficiary may deem rea�onably ikcessxry•'i�rus�or�graa to sign,deliver.�nd tile�►�y _
<br />�'� �Qditional documeate or ecrtiCentlona that Beneficlary meY consldor nocessuy to perfect. wntinue.and preaervo aruitor� � =
<br /> ',, obligatione under thle Se�urity Instrument and Benefictjuy s lien etatua on thc Property. _
<br /> T Z2� �Q�VT AND INDIVIDUAL�.IABILITY• C�J-SIGNERS; StICCTSSORS AND AS3ICiNS BO17ND. All duties tu►der -
<br /> thia Security Instrument are jolnt and indivjdual. If Trustor si�ns this Securlry Instrument 6ut does not sign an evidence of
<br /> dcbt, Truator does sa only to mortgage Trustor's intcrest in thc Aibperty to sccure payment of the Secured Debt and
<br /> Tcuator does aot agree to be personally liable on the Secured Debt. If thta Security Instrument secures a guaranty beneeen
<br /> � &nefcciary and Tcustur,Truswr� �Bte�w w�ive�uy riy�hte that may prevent&mficiuy from brlaging any acdon or c1�Ln
<br /> .: '• '� �gaiaat Truswr or anyp�rty lndebtcd under che obiiauion. 'tbese righte m�y iaclude, but xrr rwt limltod w�tend
<br /> w►tl,deficieacy or one-action lawe. Trustor�gc�ea th#t Bene�iciary aad auy aarty to lhis Se:ur(ry Instrumeat may ex . _
<br /> f'� , � " ' r�dify or uWce �ny chnnBe in Wa te�4f thi9 Securi In�u�nt or any evides,ct of debt w�thout Trustor'e coasaat.
<br />.. �� I�ns�uumeat ahill bilnd�atandlbe�aetlt�e soc�c�cso�s aad�assignv�of T�ivs ur Andb B�eneflcfa�dutIcs end beaefit�of thts Securiry --
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<br />'' � 23. APPLICABLE LAW SEVERABILITY;INTERI'RE'I'ATION.This Secudry Instnunant is governed by the lawe of the
<br />-,� . ,�!•r jurisdiction ia which�eneficlary is located,except eo the eatent otherwise requiml b tbe lawe of the gurisdictioa where
<br /> - the Property is lceated. 'Ihie Security Instcumenf is wmpl�ete and fully inugraud. �a Sccudry Inetrutnent may not be
<br /> �,,,;t= Y� amended or modified by oral agcament.An secdon in thia Securlry Inauwnent atta�e►►ts�or any agroerneat nlated Yo
<br /> >� ��l' the Securod Debt that wnflict�with appltcub�e law will aot be effxiive,unless t�at law eapressly or impliedly pecmits the
<br /> �'�� vaduioas by writtea agreemeat.lf any sectloa of this SecurI Instnunent e�unnot be mforcod occording w ite tecros,th�t =
<br />��r��`• section wlll be severed and will not aft'ect thc enforce�biUry o�the remaiador af this Secwiry inatrumeot. Wt►eae�'n used,
<br /> r;,:'t�.<r' t he e{n g u iar s h a l l{n c l u d e t h e p l u r+l and the plur�l the sin g ulaz.The captions and headfugs of the eections of thia Secudty
<br /> y':+�s�,,«� -' Instiumeat are for convenieuce only md are not to be used to inuipret or define tbe terms of thie Sec u r tty I n stnunseat.
<br />":�,.�_� Time is of the essena in thia Secucity Iasuvment.
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<br /> �. �iJ�i raat'ic a""'i�cUo;��. G.�a,.-ficlsry. st Pxaeficiar�'s�ptioa. may from time co time remove Trustee and appoint •
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<br />�z���� succesaor uustx without eny other formality than the c�algnation in wdting.'Ihe sucassor tzuetee wiWout conveyance oi
<br /> =_,��.,; the Pmperty, shall succxd to all the dtle, pc�wer and duties conftirred upon Ttustet by this S�ecurity Insuumeat and
<br />-_-=.:�.:��� apPlicablc law.
<br /> � �_..� ZS. NO'PICE.Ualess othenvise crqulrod by law any notice nhell b�given by dclivcring it or by m�dliag it by fust cfoas mall
<br /> _���� to We apprnprlace party's addnss on page �af this Security L�strument. or to any other addreas d�.+fgnatod tn wciSing.
<br /> --—°�-- Notice to one trustor wlll be deemod to be notice ta sill tn►st�rs.
<br />''� Tb. WAIVERS. Eacxpt to thC eateat prolubital by law, 'lY�tor waives all appcalsemeat �nd hosnatead exemption ri�hty
<br /> -== reltting to t6e Property.
<br /> Z7. p'1'E�g'1'ERMS.If checked.the following are applicable to this Security Instrument:
<br /> -- �Line of CrAdit.'[!�e Secured Debt includa s►revolving line of credit provisioa.Although the Securod D�bt may be
<br /> reducod w x zero balwce.this Security Gnetrument wUl rern�in ia effect untll nleased.
<br /> _ --` � ����n Lo�n.'Ih;e S�C�rfty lnstn�aent savres an obligatiun incurred for the conauucdoa of�a impmvetr�nt
<br /> _- on the Property.
<br /> _ ❑ Fixture Ftlin�.Trustor granta to Beaefic9ary a security interest in all goode thu Grantor owns now or la the future
<br /> and that are or will become fiatures nlated to We Property. 'Ihie Security Instcument suftices aa a finaacing
<br /> - = statement�1 any carbon,photographic or otlur reprodncdon may be filod of rocord for pucposes of A�ticle 9 of the
<br />=-- Unifotm Comar�rcial Code.
<br /> - p Ridere.Tde oovenants and agreemente of each of the riders checked below ue incorporated into aad supplemeat and
<br /> amend[he temns of this Security Instnuneat. [��k all applicable boxa]
<br />��' ❑ Coadominium Rider � Ptanned Unit Developmeat Rider ❑ Other...................
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<br /> --.- ❑ Addidonal Tams.
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<br />-"'����'�` SIGNATU�tES:By signing below,Trustor agras to the temu and coveaanta containeci in this Securlty Instzvment and ln rny
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<br /> '�"` � ettechcrnats.Ttuator also acknowledaes a+axiPt of a wpy nf t6is Socurity Instrument on Ux datc stated on page 1.
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<br />- •'';'' STAF�J67�f1� fK�'S INC.
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<br /> __ � - ACKNOWLEDGMENT:
<br /> ``` S'I'ATE OF •.CQUN'I'1'OF..... . tt�.�.�...........................,..........}
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<br /> =-• , ma�.aW' This instn�me.nt was acknowledged beforc me this .....��...........day of.....:r�l�/................................�, �:
<br /> ___ by .�w:c.c.,S�R�.......�'ia►.r:aaiiic�....................... ............................................................. �-
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<br /> � " My comcnission ea ires: /7 2 �Q�
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