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<br /> Unless oth�rwise agtced in writing,all insurnnce procceda shull bc upplicxl to tht restotation or repair of the Pro�erty or to
<br /> the Sec:ured Debt, whether or not then duc, at Brneficiary's aption. Any applicatian of proceeds to princlpxl shall not
<br /> extend or postpone the due date af the scheduled payment nor change tho amaunt of a�q�payme�►t. Any excess will be paid
<br /> to the(irantor. lf the Property±s acqu�ired b�sB�n shal�l �asa to�Bene+�ciary ta sho ext�i of tliocSecured Debi�inu�dlat��Y
<br /> from damage to the Propcny beforc the acq P
<br /> i before the acquisition.
<br /> � !� 20. (�uire�d a py o&neficiary unda forRaxes andUnsurance innesciow vlded in n sep�rnte agrament. Trustor will not be -
<br /> �....•�'f 21. FINANCIAL REPORTS AND ADDITIONAL DOCU&�N'I'S. Tn�star will pravide eo Beneficiary upon request, any ' ";�`
<br /> ._.�..4� financial atatement or information Beneficlary rnay dcem reasonably necessary.�`n►star qgree�to sign. deliver,and file an� ;.:�_'
<br /> - obigatlons u�nd°ci t�htis�Securrtity Intst niument and Benefcia�ryXs lienisatus o�n the Prape�rty�t'�ntlnue,end preserve(3raator s :_,,Y-
<br /> �,.;-..
<br /> Z2, JpINT AND I1VI)IVIDUAL LIABILITYi CO+SIGNERS; SUCCESSQR6 AIVI)ASSIGNS BOIJND. All dudea under �•..4_.
<br /> i thie Secudty Instcument are joint and Individual.If Trustor signs this Securiry lnstnunent but does not sign uan�eVDebt and -�
<br /> ' 1 deht, Trustor does sa only ta mortgage,Trustor's interest in the Property ta socura Payc�►t of the 5ec ___
<br /> Trostor dces not agree to be person�lly liable on the Secured Debt. If this 5ecurit}�Instnisnent secures a guaranty betwan
<br /> '� � Beneficiury and Trustui,Truswr agrcx�[u wuive any ri�u tha[may prevent Ba►et3ciar,I frombrin�ing any action or claim
<br /> ngainst Trustor or any Qarty lndebted under the obTi�gation. Th�ce ri�ts may include, but are not limlted to, any
<br /> �� anti-deficiency or one-action laws.Truscor agrees that 8eneficiary and any ps�r�y,ta this Security.Insuument may extend, �
<br /> IIiO�ll�i OI IIL'�C aAY CZl911P� 1II[j1C lCifIL9 Ui this Securi Iwtnuncu►ur auy rv�,�r�o[debt witlion�Trustur's wnsr.nt.
<br /> � u�ischuumeat s6a11 bind end l�uefit�e su�sorseand assignso f T�cus�or fuxi�dx��duties end benefits of thia Sec�uity � -
<br /> r 23. APFLICABLE LAW SEVERABII.TTY+INTERPRETATION.This Stcuriry Instnuneat te govemed by thB laws of thn
<br /> ' judsdictlon in which�neficluyr is located, except to the extent othccwise rcqulsc�d b the laws of the jurisdtetioa where �
<br /> un
<br /> + the Pmperty is located.This Securlty Instmment is complete and fully iatsgrated. is Secudty Iastcument may nat be
<br /> ameaded or modifiod by ornl ag�nt. My seccion in t�is Securiry Iastn�ment attncbmrnt��or any agreement related�
<br /> �`� i the Securcd Debt that contllets with applicable law will not be effective,unle�s t�set lxw expnuly or impliodly permi _
<br /> variations by wdttea agreement. If any secdon of thls Securl Instrumec►t cannot be eaforcat according to ite tems�.th�t _
<br /> � section will bc severed and wUl not affect the eafomxability o�the remainder of this Savrity Insuw�nt.Whcnt,wer uaed, __
<br /> the singulu shell include the plural and the plural the singulu. 'I7ae caQtions nad headlnSs of the secdons of thie Sea�rity
<br /> T ime!s of the f�ess na �this Socwity I�nsuument to be used to interpret or dc�'ine the teivas of this Security Iostruma►t. ----
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<br /> • 2�. SUCCESSOR TRUSTEE. &aeficiary, su Beneficiary's option, may,from time ta cime zemove Tcustee and appoint a —
<br /> ___-. _ __.__ ._ ���r��,.,i��Lt n�ny other fom�alitv than the deslFaasuion in wndng.1he successor uusta without conveyancx of
<br /> th� Property, shall succeed to all We title. power and duties coaferned u�a i n,si�x by this �urt=3` ��'�s �
<br /> � applicable law.
<br />" 25. NOTICE.Unless otherwise requind by Iaw. eny notice sh�ll be givea by delivering it or by mailing it by first clasa mail
<br /> � to�c aP one uustor wlll be deemedto be noticc oiall t�ms otis��t, ur ro any other address desigaated in wrlting.
<br /> Notice to
<br /> 26. WAIVERS. Except to the cxtcnt prohibitc3 b� law, Truator ��•aives aU appraisemcnt and homesieuc! exempdon rlghts
<br /> - '' reluting to the Property.
<br />`r.`,�.�'- �... 27. OTfiER'TERMS•if chec{�ed,the following are applicable to this Securi�y Insaument:
<br /> f.,,.
<br /> ` '' O Line o!Cred[t.The Secured Debt includes a revolving line of crodit provlsion. Althaugh the Secured Debt m�Y
<br />:;;;�'�'y,� . reducod to a zero balance.this Securlty Insuumeat will remain in effxt until nleased.
<br /> yr"''"%�'•`°�`' ❑Consttvetfon Loan.'lhis Security Instrument secures an obligation iucwroci for the wastcuction of an improvtment
<br /> l.•'.:�y��' �•A �y.
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<br />��?�•'��"''� �Fixture Filing.Trustor grants to Benefictary a sccuriry interest in�ll goocls that araator owns now or in the future
<br />': _'�''' ` and that are or will become fixtures relatod to the Property. '[hls Securlty Insciument suffices as o financin8
<br />�"� ,-, statement and eny carbon,photographic or othor reproduction may be filed of record for puYposes of Article 9 of the
<br /> •,:��,. Uniform Commercial Code.
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<br /> �,,,;�;,�,. ❑gfders.The oovenants and agreements of each of the dders chxked below are incorporawd iato and supplement xad
<br /> �� amec►d the tesms of this Securiry Insuument.[Check all applicable boxes]
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<br /> O Condominium Rider ❑ Planned Unit Development Rlder Other ...................................
<br /> ��' � ' ❑ Ac�ditlonal Ta�ns.
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<br /> SIGNATU1tFS:By signing below, 'frustor agrees to cho te�tns azid cove.ian�s contained in this Securiry Jnstniment and in any =
<br /> �' � � attachments. Trustor also ncknowledges receipt of a oopy of thie Security Instnuneut�n the date stated on pase l.
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<br /> .'''� D�te) (Slgruturc) A FIIE�1
<br /> (Signamro) A I-IEI�HJ
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<br /> { ACKNOWI.EDGMENT:
<br /> � 5TATE OF�?��................ .,COUN'I'Y 0� �FlI,�-�............................................} ss.
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<br />, I 'Ihis instnunent was acknowiedged before me this ......�$G�...... day of............ Y.r..�9� .....................
<br /> by ��,i°�?.�#.,�f',�T.�..�-R�?,�.�.�?................. ... ............................................................. .
<br />; MY� . •��
<br /> , ` �utt�oru�r•suka�b+� ..... .��1!1��`?��.�?................................
<br />_ � (No1ary Publ )
<br /> OAVID R.eQE11lE
<br />' �A 199�DMku�Svatsm. . �
<br /> a 1� �or Ne �zn3r�e lpage 4 of 41
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