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<br /> vaixes frutti Beneticiary tn Trustur ar udirr future abli�adanv uf`�f,n,favor���B��S xecu ed .'� � �•- -�.
<br /> B. All future ad . �'� -
<br /> prontisyury tu�te,canuuct,guaranty, or��cher evidrike of dcbt execute ,by Tru+t ,,,,.,..�.,
<br /> NftCi (II15 Security I�istrument whether or nut dilti Srcurity I�utrume�tt is ,P�:�fi�i,ilin►n ei,tl w,ll aecu%all�futnre .
<br /> �ersan signs this Securiry la5trument, each Trustor agrees that tl�is Secunty ,,L. : ,��;�.;�
<br /> advx►xes snd future ohli�acians d�at are given tn or iiwuned by any cn�c or n�orc Trustor, or any oi�e e�r mor�Trustar
<br /> � , aixl uthers. All�turr�Jvaix:eJti�AU��futureuadvances aixl ocher futu r oUllgati��ns d e���u r�Nn if mxde onihetcluce ..,T ., •,.���"
<br /> ..',� or purt may not yet t►r .:x, , >t:�.
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<br /> nf this Security Instrument. Nothing in this Securiry lnstrument shall coa�tuute a conmiimiettt to make additional or �+5�
<br /> ' future l��aus or:+dvxnces in auy x�uount. Any such cmnmitcnent must t�ab�reed ta in a separate writing. : :�:�;:.::•
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<br /> .,..•«w" t C.All uhligatiui�s Trustor owes ta Beneficiary, whichmdy later�trise. to,tlie extent not prohihited by law, includlag. �::r.,;..; ,-w,.:r'K}•-
<br /> -�►� but not linuted to. liahilities far averdrHfts rClaiing tc� any deposU account agrrxnient hetween Trustur and Y. _.
<br /> eeneficiury,
<br /> D.All additioiul sums xdvanced and expenses iix:ursed by Benefici�uy for i�Ltiudng,preserving or utherwise prptecting ��i¢f�4_v__�:�=°�'
<br /> thc Pn�perty auJ ih vulue and any ather�un�.y advan�ed and expenses i�x;urred by seneficiary under die ternis of thi� . ��_
<br /> Security liutrument. ,r� '
<br /> T7ii� Secudty lntitnuuent will not secure any ocher debt if 8eneficiary fails to give any requirrd nati�x of the right of T,-_ _
<br /> resc:istiion. `'�47`- - --.
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<br /> S. PAYMENTS.Trustor agrees chat all payments under tlu Secured Debt will be paid wlien due und in accordance w� e Y„,Y i
<br /> terms of the Secured Debt and d�i�Secur�ry[i�strutuent. w_
<br /> �. 6, WARRANTY OF TITLE. Trustur warranGS that Trustor is or will Ik. lawfuDy seized of the estate �onveyed bwer�uf ���-
<br /> T Secuciry Ivstrument au d h a s die ri g h t w i rn v a c a b l y g r a n t,C O A V C y,und sell die Property ro Trustee,in trust,witli po �,,,�_
<br /> ' sale.Trusto:also w�ura�ts that the Property is unencunibercd,except for encumbrances o f recor d. ��;�^
<br /> +�. 7, PR10R SECURITY IIVTERESTS. With reg:ud ro any other mort�age, dec:d of trust, securiry agrc�ement or odier lien �:��____�
<br /> da:ument that creaced a prior security inrerest or encumb►a�ice on tiie�ropeny,Trustor agrees: ____ ____
<br /> �_ A.To make all payments when due dnd 10 noace thatTnutar re r ves f um trie holder. F�•�
<br /> B.To promptly deliver to Benefici�.ry any `
<br /> C.Not ta alluw any modificadon ur exteiuian,of. nor to request uny future advances under uny note or agreement �_
<br /> secured by the]ien document without Beneficiary's prior wntt�n cons�ent. :,,,,,,.,.� .
<br /> lease payments ground reuts, —
<br /> 8. CLAIlViS AGAINST TITLE.Trustor will pay all w�ces�assess'IUents,liens,encunibrunces, �
<br /> utilities. and other charges relating to the Propeny�C�Le1e�Bvldencing Tni�,tor�s paym nt�.�Tru po�Vwi11 de endet de�tO
<br /> a�pie�of all nodces thxt such,amouccRa are due and p ' g —
<br /> --- -_--- - the Property against �YbC1B nefi�iary, uny righ�ts cl�msior defenses Trustoi n aythav�e againsTt parties w�o suppiy Ia�;� -
<br /> Beneficiary as requrst,�� y
<br /> or maten'als to mai�otain oc�mprave the Propeny.
<br />_ , 9. AUE�Oed�a el duOe un�d a�ab�R��e�e�tlon of norycontruct for ttie c�rea�aon of,�anye l n,�eneucubrance rtransfer or
<br /> be in y P X
<br /> sale of tUe Property.This nght is sub�ect to��rema nun effec�undl�he Sec lured Debt i paid initull�an�lpltt►isbs�'Itils
<br /> covenant shall nin with the Property and shal
<br />�-� � Instiument is released.
<br /> � ° 10. PROPERTY CONDITION, ALTERATIONS AND INSPECTION. Tcustor will keep the Property in,�oal condidoa R
<br /> �� and make all repairs that aze reasonabiy ner.essary.Trusror sl�all not commit or allow any waste. impairutent, or
<br /> deterioradan of the Property. Trusror will keep the Propeay free of noaious weeds and grasses• 'frustor agrees that the
<br /> :r.. naturc of the occupancy ancl nse will iwt substand�lly change without Benefici•ary's prior written wnsent.Tcustor wIll not
<br /> ,,.."; .� `� peimit any change in any liceuse.restrictive covenaut or e:�sement without Beneficiary's prior wrltten const:nt.Tcustor will
<br />_ .• •��� noufy Beneficiacy of all demands, proceedings, clauns, and acaons abainst Ttustor, and of any loss or damage to the
<br />- ;fi,r . Property.
<br /> � Beneflciary or Beneficiary's ageats may.at Beneficiary s option,,encer the Property at xny reasonable time foc the purposc
<br />� of inspecang the Property. Beneficiary shall,give Tmstor nouce at the time of or,before an inspecaonspec� ns R
<br /> ' reasonable purpose for the inspection. Any, itupectiun of the Property �hall be ennrely for Bene�iciary's bene�� ana
<br />�.:"'�:" Trustor wilI in no way rely ott Seneficiary's mspection.
<br /> k�•.M.
<br /> 1 1. A U T E I O R I T Y TO PERFORM. [f Trusror Fdils co perfom� any dury or any of the coven:wts contained in this Security
<br /> ` ' ��. - Insmunent. Benefici:uy maY. without notice, �erfonn or cxuse t hem to b epe r f o rn�e d. T r u s t or a�p oinu Beneficiury as
<br /> '���-` •`` attu�ney in fact ro sign Trusror's i�an�e or pay any aniouiu necessary for perfomiance• Beneficiary s right tope rfomi fox
<br />��"�"`~� � Trustor shall not create an obligadon to perforni,and Beneficiary's�ailure to perfotm wi11 no�Pre��ude Beneficiury from
<br /> -?��+•. exetcisinp,twy of Be»eficiary's other rights un der t he law or t l iis S e c u ri t y I n s t n u n e n t. If an y construction on che Property
<br /> ,r. . is disconnnued or n�t carried on in a re:wonable mann�r. Beneficiary may take all step�necessary to protect Beneficiaxy's
<br /> security interest in the Pro�rty,including completionof the coustruction. _
<br /> # 12. ASSIGN[VIENT OF LEASES AND RENTS. Trustor inevocably grants, comeys and sells to Tmstee, in trust for t6e _ _
<br />' y• benefit of BeneHciary, as additional security all d�e right.dtic and iaterest in and to any swd all existing or future lex�es. _��_
<br /> � �ubleases, �md any other written or verbal xgreements for d�e we xnd occupancy of any pc�rciun of the Propetty, including •�.�
<br /> <u�y extensions rene�vals, mociifications or xubstitutions of such agreements (all refer►�d to as "L-ea.+es")Knd rents, iss�ues
<br /> and profits (al� refeneci to �u "Itents")• Tcustar will promptly provide Beneficiary with true and conect copies of all
<br /> `s�r?I��l±��_�
<br /> . exisnng and futun[.eases. Trusror niay collect, �crive, enjny and ase the Rents so long as Tcustor is not in default under i� _ r'
<br /> � the terms of this Securiry Instrument. � � T�`:
<br /> �' ;!.�,
<br /> Trusror acknowleclges that thls as�►B►uuent i� perfected upon the recurding of this Deed of Trust and that Beneficiary is ,
<br /> enGded to notify any of Trustoi s tenant� to makc payment of Rents due or to beconie due to Beneficixry. However. ";"''� • � "..
<br /> " genefici a ry xgrees that unly on deFault will Beneficiary notify Tcustor and Trustor's tensuiw and make deaiand that all , i.._ .
<br /> � � future Rents be�ud direcdy to Bene ficiuy. O n re c eu��n�nov ic Anv�Re n c,�i n w s t f o r�B enedfiL ry dew 11 not Bomming le � � �
<br /> _- __.'..—,_� --,. __...._........ __
<br /> any paymenc oi ecrnu iu ��u���� ,M.���:.,....... _-•-------- � • �^--•-- �
<br /> • _ _
<br /> the Reuts with xny other funJs. Any aniaunts coll�;tai wi11 be aPp�►ed as provided in this Secunry ►ns�rumc�n• ��o����
<br /> cWey re any�ienant toswniply w th the�iem���f tli T�es�and applicable lawe�nt law. Trustor alsu agrees to maintain and
<br /> 13. LEASEHOLDS; CONDOMINIUMS; PLANNED IINIT DEVEI.OPMENTS. Truste�r agrees, tu am�ply, with die
<br /> provisions of�uty lease if this Security In�trument is on a leasehold. if tlie Property in�luJes a utut m a cvnJom�niwn ur a
<br /> planned unit development, Trustor w�ll perforn�xU of Trustor's duties under the cnvei�auts,hy-Ixws, or r�:gulacion,uf d�e
<br /> con�lomimum ur planneei u�ut develupment.
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<br /> . . x tp8a Bu��au Sr+t�nn.�n<.Si Cloud.�1N 11.900�787•73at 1 Fo�m RE OT�4E B�13r90 �I �
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