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<br /> B. All future advanccs from Lendcr ta GrKntar ar athcr futurc obligutiona�f Graintor to Lendcr undcr unN promiswry
<br /> note.cnntract,gueranty,a other evidence af debt executed by Grm�tor in favur of I..�:nder executed ntter this
<br /> Securiry Instrumcnt whcther ar nat this Security Inatrument Is spcclfc-.ally rcferenced.If mare than one penan
<br /> signs this Security Instrurnent,cach Grantor agrces that this Security In�strumcnt will secure all tuture ndvunccs nnd
<br /> future obligatinns that are g�ivcn to or inc�incd by uny onc or morc eimntar,or any onc or murc Grantor und —
<br /> others.All future advancesand other fhture�bUgations are secured by this Secur�ry Instrument even though uU ar
<br /> pnrt may not yet be advanxd.All tuturc advAnces and othcr future obligetions are secured as if madc un thc d�tc
<br /> of thia Securtty Instruinent,Nothing in dtie Securlry Instrument shall constitute a commitment to make xdditIonal
<br /> or future loans or advancca t�any amaunt.Any such wmrnitcnent must bc a�reed to in a separatc writing.
<br /> C, a11F rabligationa(3cantor owes to I.eader,which may latexarise,to thc extent nat prohibited by law,inclnding,Uut
<br /> a�c�t�lasaitEd to,liablUdes fa overdrafts relating ro�ny deposnA aocaaent�,�rccmen,�he4wecn Gr►ntor And i.ender.
<br /> D. All�d�eteonaR s�ams advanced and expenses incurred b}r Leaader fa�r in:�uring,preserving or otherwise protecting
<br /> the Fro�ertti•za��'zts value and any other sucns advanced and expcns���incurred bu I.er►der under iho terms of
<br /> th�s Scctuitv l.n,v.t�nent.
<br /> Th�s Secuea���lnstn�ment rv�ill not se�r,�c�aa�y other debt if I.ende,r Gails to give any required nr�tec��t the righc of rescissiona.
<br /> S. PAYl�1u:.�"i'S.'�rantor rag,rees tha4 �10 paytnents u�ndet tht Secured Debt will he paid whrn clue attd in accordanc�
<br /> with tbL�crms of ths S�ecured Debt and this S�c�nv�7?:Ipstrument.
<br /> 6� WA�fR.�1�7AY U!�'1`ITLE.Grantor warrands�Ji�ni Gr;uiwr is ur wUl be tawCully sei�ed of the estat�:w•��n<<_ved by this
<br /> Securil}•Instrument and has t6e right to irrevoc:�bly grant, convey,and sell the Property to Trustec, in Ysust,with
<br /> power of s�le.Grantor also warrants that the Property is unencwnbered,except for encumbrances of record.
<br /> 7. PWOR S�CURti'Y II�TLRESTS•With regard ta any other mortgage.deed of trust.security agreement ar other Gen
<br /> dacwuCUt tl�at created a priur s:cw-ily uitw•est or encumbrance u�the i'rotsezty,arantor agrecs:
<br /> A. To meke all paymcnu w+hen due and to perform or comply wit6 all covenants.
<br /> B. Ta promptly delivcr to I.ender any notices that(irantor receives from the holdar.
<br /> C. Not to allow any inodiC cat�c3n or extension af,nor tu request any future advances under any note or agrcement
<br /> sccured by the lien document without Lender's pdor written consent.
<br /> & CLAIM5 AGAIN5T T1TLE. Grantor wtll pay all tsixes. asscssments, liens.encumbrancea,lease payments,grouad
<br /> rent5,udlitics,and othar charges relating to the Property when due.Ixnder rnay require Grantor to provide to Lender
<br /> �n�af:.!!aol:ce°.thst�tuh �u���otc ar?�tte and the r�cei�ts evidencine Grenror's Qs►rnnent.Grnntor wlll defend ,
<br /> tide to the Praperty against anyclaims that woutd impair the l�en of this Securiry Instrument.Grantor agrees to assi�n
<br /> � to I.ender,as requested by Lender,any rights,alQims or defenses Grantor may have against parties who supply labor
<br /> ar matedals to maint�in or improve the Property.
<br /> 9. DIJE ON 5ALE OR i�;NCUMBRANCE.L,ender may,at its opUon,declu�e the entire balance of the Secured Debt to '
<br /> be imrtlediately dua and payable upon the creation af,or cantract for the crcation of.uny lien,encumbrance,transfer
<br /> or sale of tho Properiy.'i'his right is subject to the restrictions imposed by fedcral law(12 G.�'.R.S91),as appllcable. .
<br /> This covenant shall run with the Property and shall cemain In effect w�til the SecurBd Debt is paid 9n full and thte
<br /> . SacurIty Instnunent is mleased.
<br /> 10. PitOPERTY CONDI'�'TON,ALTERATIONS AND INSPECT[ON.Grantor will keep the Prapsrty tn good
<br /> ' condition and mako all repairs that are reasonably necessary.Grantor shall nat comxr►it or atlow any waste,
<br /> impairment,or deterioratlon of the Property. Grantor wltl kcep the Property tree of nnxious weeds and grasses.
<br /> Cirantor agrees that the nature ot the occupancy and use wW not substantially change without Lender's prior wdttea
<br /> conse�pt:Grantor will not perrnit any change in sny ticense, restrictive covenant or casement without Lender's prior
<br /> • written consent.(3rantor will notify I.ender of all demanda,proceedings,elalms,end ections against�rantor,and of
<br /> any loss or damage to the Property. '
<br /> I.ender or I.ender's agents may,at Lender's option,enter the�'roperty�►t nny reasonable time for thc purpose bf.
<br /> [nspecting the Property. Lender shali give C3rantor notice et the tims o[or beforc un inspection speciiying a',
<br /> reasonable purpose for the Inspeclion.Any inspection of the Property shell be entireiy for Leader's benafit ancl•
<br /> Grantor will in no way rely on Leader's inspectiou.
<br /> 1L A[177iURil'Y TO PERFO�tM. If Graator fails to perfm�n any duty or any of the covenants contained in thss
<br /> Security Instrument,Lender may, without notice,perform or cause them to be �.+erFormed.Grantor appoints lxnder
<br /> as attomey in fact to sign Grantor's name or pay any amount necessary for pedormance.Lender's ri�ht to perform tor
<br /> Grantor shall not crcate an obligation to pedarm.and L,endcr's failure to perform will not prectude L.ender fram
<br /> exercising any of Lender's oth�erdghts under the law or this Security Iosttument. If any construction on the Property is
<br /> disca�ntinued or not carried on fn a reesonable manner,Lender may take dl steps necessary to protect Lender's
<br /> security uttcrest in the Property,including compfEtion of the canstruction.
<br /> 12. A3SIGNMENT OF LEASES AND�ikKl'S.C�e�,e�tor irrevocably grartts,conveys and sells to TxY;s,We,in trust for the
<br /> benefit of Lendcr,as additional s�cur5ly till i'he right.title and intcrest in and to an�+and•al�existin��r'future leases,
<br />°` subleases, and any other wrettten ar veaha6 a��raements Ifmr the use and occupancy c�f f�ny�rtian of the Fropesty,
<br /> � incJudlraig any extensions.renew��ls,modi�c��IIia���Qr subsc�it��ions of such agrecmencs 4��1 reie�;r�rd.Cm us"Lease5")flnd
<br /> rents,issues and psoflts (all retarred ��as "Ren4s").Grai:IIor will prompUy provide 1L�o�De�r��vaa0e T�a��;and corc�ct
<br /> copies of aU existinq�t�rnd future Leases.Gr.auator mny collect,rcxive,enjoy and use the Rer.ts so iesaag ns Gxantpr is not
<br /> in default under the tcrms of thisSecurity Irustrumemt.
<br /> Grantot acknowledges that this assignment is perfected �pon th�recording of t�is Deed of Trust and tAat Le�n�er is
<br /> entiticd to notify any of Grantor`s tenants to make payrnent of Rents due or to becomc due to lxnder.�I�r�ever,
<br /> r..�dPr��rpr�har�nlv on defeult will l.ender natifv Grantor and Grantor's tenants and make demans�that all future
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<br /> Rents be pa�d dtrectly to I.ender_ On receevan<,notice of default,Grantor wil!endorse end deine.c�r zo Lender any
<br /> payment of Rents in Grantor's pc�ssession�aq�d�vill receive any Rent�in trust far I.�ader and wilo not cc�mmingle the
<br /> Rents with any qthec tund�Any �mounts eolirctcd will tx: applied as provided in uhis�c�ey�Y�s'.rament.drantor
<br /> warrants thut no default exists un�er E6�c I..eases or any applicable:landlordltenant latw.Ga:��ateer adsan ag:rees to maimtain
<br /> and require eny tenant to complye�riti�tb�e ter�cr�s of the I.cases and applicablc lew. �
<br /> 13. LBASEHOLDS;CONDOAiINIU1H5;PI.hNNED UNlT DEVELOPMEIYCS.Grantor agrees to�c»mply witl�the
<br /> provisions of any lease if this 5ecu�riry InsYeument is on a lea�ehold.If thc Properry includes a unit in a condomintum
<br /> or a planncd unit devcloprrrent, drantor will perform aU of Cirantor's dutics uader thc covenants,by-laws. or
<br /> rtigulatioas of the condo��nr�rrn or plxnncd unit development.
<br /> 14. DEFAU4T.Grantor will bc in defuult if any party obligated on the 5ccured Debt fails to makc payment when due.
<br /> Cirantor will be in default if a breach occurs under the terms of this Security Instrument or any other document
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