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<br /> B. All futurc udvances[rom l.endcr tci Urantor ar athcr futurc obiigatians�t(3 rantur to Lcndur undcr any pruml�ary
<br /> natc,cantract,guaranly,or other evidcna:ot dcbt dxecut�d by GrHnt��r in favor of l.endcr exccuted aftrr this
<br /> Security Instnimcut wheth�r ur nat thi�Secudty lnstrwnem is s}�ecific�lly rr.,ferenced. If more thun onv pu�on
<br /> signs this Securlry Instrument,e.�ch Grantor rarees that this Sccurity lnstrument will secure�ill[uturc advtmces ancl
<br /> tuturo obli�atians that ure given ta nr incuned by nny on�or moro C3rantor,or any ono or mare (3rantor and
<br /> otheis.Alt futute advames xiHl udict tutura ubligatlats aro s�:cur�d by this Security lnstrument evcn though�+il nr
<br /> part may nat yet bo advnnced.Ap future advances an�i ather futuro ot�ligatians aru cecured as if made un the date
<br /> af this Security Instnimcnt. Nothing in thfs Security lnsttument shall constitute a commitment to make additional
<br /> or futuro l��xns or advanas in any am�unt.Any such commiunent must t►e agreed to in a separnte writing.
<br /> C. AU obligattons Grantor owes to I.ender,which may later arise,to the c�xtsnt not prohibited by law.including,but
<br /> not limited to,lixbilities for averdrnfts relattng ta any deposit aocount agreoment between Gtantor and l.cnd�r.
<br /> D. AU addidonal sums advanced and oxpenses incurred hy Londer far ins�uing,preseiving or athenvise protecttng
<br /> the Property and its value and any other sums advanced and exQenses incurred by L.ender under th�temu ot
<br /> this Security Instrument.
<br /> This Security la�trument wiit not secure any ather debt if I.ender inils to�ive any required natioe of ttio rigt►t ot roscissian.
<br /> S. PAYMEMS.Grantor agrees that aU payments under the Secured 1]ebt wip be paid when due and in ucrnrdance
<br /> ��ith the temu of the Secured Debt and this 5ec�xrity Instrument.
<br /> 6, WAWtANTY OF 11TL�.otantar warrants that Grantor is or wiU he lav��fully scized of the estate conveyed by this
<br /> Security Instrument au�d tiH�che right to irrevocably grant,convey,and sel!the Praperty to Trustee, in trust,with
<br /> power of sale.Cirantot also wturants t6at th�Property u ur►encumbered,except far eucumbrances of record.
<br /> 7. PRIOR SECLJRlT'Y�N'IERE5T5r With regard to eny�ther mortgage,deed of tnut,security agreemFnt or other liea
<br /> document that created a prior uctuity intetest or encumbrance on the Property.Grantor agees:
<br /> A. To make alt payment�abeu due and to perform or camply wlth nll covenxnts.
<br /> �. To promptly deliver ta Lender any nadces that Cn•antor receives frarn the hatder.
<br /> C. Not ta a�low any mo�dificution oi cxtension oY.nar to requsst any future advances under any note or agreement
<br /> sec�re:l by the lien docwnent without Leader's prior vrritten consent.
<br /> B. CLAIMS AGAINST'IT17.E,Graniar�vill pay all ta�ces,assesSments,lieas,encumbrancxs,tease payments,gound
<br /> Tents,utilities,and other cbarges xelating ta the Property when due.Lender may require Grantor to provide to I.ender
<br /> aopies of all notices that.such m�ounts are due and the recelpts evic�enang Cfrantor's payment.Grantor will defead
<br /> ,ticlt!o rt�A Pi��+?rty aoainet any claims that would impair the lien of Wis Securlty Insttument.GranWr sgrees to asslgn
<br /> 'to Lender,as r�quested by l.endar,any righU,claims oa defenses(3ranror may have agairat partles who suppty iabor
<br /> �or niaterials ta ma�ntain or Imprnvc thc PropeRy.
<br /> 9. �DtiJE ON S�►I.E OR EN�'�J�1BlUNC�.I..ender may,at its option,.declarc the entire balana of the Secared Debt t�
<br /> . be immediately due end puyable uQon Ihe creation of,o:oantract for the creation of,any lien,encumbranoe�,transfFr
<br /> or sale of the Property.This ri�ht►s subject ro thv rostriciiuns it�i�d by fecleral�aw(12 C.F.R.591�as�ppli".�b�e-
<br /> This oovenant shall run with ihe Property and shall remain in effect until the Secured Debt is paid in tull ancl this . � .
<br /> Security Jnstrument Is rekased. '
<br /> 10. PROPERTY COND11'[ON�ALT�RATIONS AND INSPEC't1lON. Grantot will keep the Property in good ,,
<br /> conditiqn and,make ap rGpairs that are reasanably necessary.Grantor shall not.commit or allow any waste, � .
<br /> impairment,or detodorxtion of the Property. Grantor wlll keep the Property free of noxious weeds sud grasses.
<br /> Cirantor agrees ihat the nAture.of the occupaney aad use wiU nut substantially change without Lender's pdor writtea
<br /> oonsent.Gtantor wi0 not�pernut any change�n any license,restrictive oavenant or easement without Lender's prbr
<br /> written ooasont.Grantor wiU nqfify Lenckr ot all demands.proceectings,claims,and actions against Grantor,and�f
<br /> any luss or damage to tbe P�roperty. '
<br /> Lend�r or I.endcr's agents may,at I.ender's option,enter the Proptrty at any reasonable time for tho pprpose of
<br /> i�specttag the Prop�rty.Lead�r shall give Grantor notice at the t{me of or before an inspection spcc�fy�:rts a
<br /> �reasoaable purposo for'We iaspcction.Any inspection of the PrQperly shall be entirely for Lender's�bene�itt and
<br /> Grantor will in no way rely an Lender s inspation. '
<br /> 11. AUTHORi'fY TO PERF'ORM.If Crrantor fails to perform any duty or any of the cdvenants contained in this
<br /> Security InsWment,Lender may,without notiee.pert'orm or cause them to be performed.Grantor appoints Lender
<br /> as attomey in fact tn sigq Grantor's•name or pay any umount necessaiy tor performance.I,end�r's right to pedorrn tor
<br /> Grantor shall not create an obligation to perform,end I.ender's failure to perform will not preclude Lender ftom
<br /> exercising any of I.ender`s other rights under the law or this Security Instrumeqt.lf any construction on the Property is
<br /> diseonttnued or not caraed on in a reasonable manner,T..endor may take ai1 steps necessary to protact I.ender's
<br /> sccurity interest in the PrQperty.includtng compledoe of the construciion.
<br /> l2. ASSIGNMEI�IT�!'��.�'+�:�E9 AND REN'TS.Gtantor irrevocably grents,coaveys and sells to 7Yustee,in trust for the
<br /> benetit of isndeh,�i<<s��ait�onal secwity all the right,title and intetest in and to any ar►d all existing or tuture leases.
<br /> sublea�s;�h�td a�'Y"�t:�c�hex written or verba]agreaments for the use and occupancy of any portion o!the Propefty.
<br /> inciudiirg.ar:v�'�F�ico�s,re:newals,modificadons or substitutions of such agreements(all reCerred to as"Leases')and
<br /> renw,ie�uias�a3:g;�t�;s(aU referrad�to as"Rents").Cirantor wili promptly provide Lender with true and conect
<br /> cnpies af atI exe�tan�nrir��Cutu�c Lees�.�s.Grantor may collect,retcivo,qnjoy attd nse the Rents so long as Gra�ltor is nc�t
<br /> in defauft under dic:+i:y�tes o£ihis Security Instrument.
<br /> Cirantor ac:kt�bwltc:i�;uxi t�'�.i4 this assignment is perfected upon the rewrding of this Deed of Trust and that Lcnder is
<br /> entitled W notiSy�an}v of Grantor's tenaats to make payment o!Rents due or to become due to I.ender. However,
<br /> l.cndcr a�r��ss•i9�dt:o�t[y on default will Leader notify Grantor and C3rantar's tenants and make demand that all futurc
<br /> � Rents he iaaid�diix�ul9�=to Lender.On rcceiving noticc of defauti,Grantor will endorse and deliver to I.ender any
<br /> paym�nt of ltei�t�in C`.,rantor's possession and will receive any Rents in trust for i.ender ana win noc oommingi�ina
<br /> Ren�s with•any.olfiur funds.My amounts ooilected wifl be applied as provided in this Security Instrumen�Grentor
<br /> ws►rrunis•tt�nt'nu dcfault exists under tho LE:ases or sny applicable landlordltenant law.Orantor also ag,rccs to maintain
<br /> and r�quf��;:ui�'tea�t to wmply with the terms of thc Ixases and applicable law.
<br /> 13. LEASE�COLDS;COIWOMINIUMS;PI.ANNED UMT DEVELOPMENTS.Grantor agrces to comply with thc
<br /> provisions of any lease if thi.c Security Instxument is on a leasehold.1t the Property includes a unit in u condominium
<br /> • or a planned unit development,Grantor will perform�U of,Grantor's duttes under the covenants, by-Inws,or
<br /> regulations of t1�e condon�inium or planned unet dcvclopment. �
<br /> 11. DEFAULT.Grantor will be in defauU if any party obligAted on the Secured Debt fails to make paymcnt whcn due.
<br /> Gr:+ntor will be in default if a breach occurs under the tcrnt�of this Security Instrumeni or auy other document
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