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<br /> B. All[uturc advanccs trom l..cndcr to Cirnntar or othcr fuwre ubligations uf Grantor tu r�:ndcr undcr nny�►roinisu�ry
<br /> nate,contruct.guaranry,�r other adidence af deUt executed by Grantor in fr�v��r of[.cnder executcd nfter this
<br /> Sccuriry Instrumcnt whcthcr or not this Security lnstrumcnt is spcciGwlly rotcrcnccd. If miirc thnn onc{xwn
<br /> signs this Sccurity lnstrument,each Grantor asrees that this Sccurity Instrument wiU xcuro i+U future udvnnces end
<br /> luturc obUgations that arc givcn tv ur incurced by any on.:or morc Grantar,or •atry one or morc Cir.mtor��nd _.__
<br /> other�.All future advances and other Nwrc obligations ure sccurcd by this Sccuriry[nstrumcnt cvcn thciugh all or
<br /> part may not pet bc advc�nced.All tuture advances und other future oblige+tians ure sccureJ a�it madc on the dnte
<br /> of this Security Instrument.Nothing in this Secudty Instrument shaU constitutc a commitment a�m�ke udditiunal
<br /> or future loans or advances in any amount.Any such cammitmcnt must bc agreed to in�sepArnte writing.
<br /> C. All obligations Cirantor owes to Lender,which may Iater arise,to thc extsnt not prohibited by law,including,but
<br /> not Iimited to,ltabilItles for overdrafts relattng to any deposit acmunt agrcement betwecn(3rantor and l.ender.
<br /> D. All udditional sums advanced and expenses incurred by i..ender for insuring,preserving or othcrwise protecting
<br /> the Property and tts valuc and any other sums advanced and expenses incurrcd by Lender undcr the terms of
<br /> this Security Instrument.
<br /> This Security Instrument wip not secure any other debt if Lender fails tu give any required nutice of the right of rescission.
<br /> 5. PAYMENTS.Grantor agrees that aU payments under the Secured Debt will be paid when due and in accordance
<br /> with the terms of the Secured Debt and this Security Instrument.
<br /> 6, �1NpRKAN'i'Y OF'I1TI.E.fnrantur wa�rants that Grantc�r is or tvili be lawf��lly sei�ed of the estate conveyed by this
<br /> :��c�lty lnstrument and R��s't?ae right to ittevocubly ge��nd,convey,�md sell the Property to Trustee. in t�ust,with
<br /> ,power o�sale.�trs��atot Also warrartds A1h�C�t�}ae Prnperty is unenet�•m3bc red,excopt faE c neumbrunces of record.
<br /> �. p�q�1R�1�'U��il'��'T�3tES45.�tV.'i�fi�regar8 ta ar�y other rsat�rt�:.�3e, de.��f C��.gt,securisy�����ement or othcr lien
<br /> aazument that creuted a��or securil;°int�resi or encumbr�nce a�n'rhe Rropiu9.y.�vanlat fl��:�s:
<br /> r1. To make ail paymert�wh$m c�ae��d��Perfprm or zom�l;uwith all cnr�npn�s.
<br /> B. To promptly deliver t�I.ender any�notices th�z Grantor 3ecenves from the h�lder.
<br /> C. Not to aUaw any modification or etnension af,nor ta�recquest nny future advances under any note ar agreement
<br /> secured by the lten dceument without Lendor's priar wrltten consent.
<br /> & CLAQVIS AGAINST 17TLE.Grantor will pay all taxes, assessments, liens, encumbrances,lease payments,ground
<br /> rents,utilities,and other charges relating ta the Property when due.Lendcr may require Grnntor to provlde to Lcnder
<br /> cxipie�af s!!nQti_es ihat s!�ch amounts are due and the rccetpts evidencing Grantor's payment.C3rantor will defend
<br /> tide to the Property against any claims that would impalr the lien of this Secunty Instrumeni.Grantor n��s i�ass�ga
<br /> to Lender,ss requested by I.ender,aay rights.claims or defcnscs Grantor m�y huvc against parties who supply labor
<br /> or materiuls to maintain or impravc thc Property.
<br /> 9. DUE ON SALE QR ENCUMBRANC�.Lender may,at its option,dcclare thc entire balance of the Secured Debt to
<br /> be immediutely due and payeble upon the crcation oi,or cantracl iur tiic crcatian of.any lien,encumbn!ncc,trensfer
<br /> nr sale of the Pruperty.This dght is subject to the restrictions im�wsed by[edcrai law(12 C.F.R.591).as applicable.
<br /> This oovenant shall rur�with thc Property and shall rcmain in effect until thc Sccured Dcbt is paid in tuli snd thls
<br /> Security Instrument is released.
<br /> 10. PROPERTY CONDITION�ALTERATIONS AND INSPBCTION.C',rantor will kcep the Property in good
<br /> cond[tion and make all repairs that are rcasonably nccessary. Grantor shall not commit or allow any waste.
<br /> impatrment,or dcterioration of the Praperty.Grantor wlll kcep the Property iree of t►oxtous wceds and grasses.
<br /> Orantor agrces that the nature of the occupancy and usc will not substantially change without Lender's prior written
<br /> cunsent.acantor will not pern�it any change in any license,restrictive covenant or easement without L.ender's prior
<br /> written consent.Grentor will not�fy I.ender of all demands,prooeedings,claims.and actions against Grantar,and of
<br /> any Ioss or damage to the Property
<br /> Lcnder or Lender's agents may.at Lcnder's option,enter the Property at any reasonable time for the purpose of
<br /> inspecting the Property.Lender�hall give Grantor notice at thc time of or before en inspection spec�fying a
<br /> reasonable purpose for the ins�ection. Any tnspectton of the Propercy sha[l be entirely for I.ender's benefit and
<br /> Grantor wiU in na way rely on lxnder s inspection.
<br /> Il. AUTHORITY TO PERFORM.If Grantor fails to perform any duty or any of the cavcnant�contained in tbis
<br /> Security Instrument,L.ender may,without notice,perform or cause them to be petfor►ned.Grantor appoints I.ender
<br /> as attorney in Ppct to sign Grantor's name or pay any Amaunt necessary for performance.I.ender's right to pertorm for
<br /> Grantor shall not create an obligation to perform,and Lendcr's feilure to pczrtorm will not preclude L.ender from
<br /> exercising any of Lcnder's other rights under the law or tt�s Security Instrument.If any construction on the Property is
<br /> disoontinued or not carried on in a reasonable manner,Lender may take all steps necessary to protect I.endcr's
<br /> securiry intcrest in the Property.including oompletion of the construction.
<br /> 1Z. ASSIGIVMENT OF LEASES AIVD REM'S.Grantor irnevocably grants.conveys and sells to Trustce,in trust for the
<br /> benefit of I.cnder.as additioaal security all thc rtght,titte and tnterest in and to any and all existing or futucc leascs,
<br /> sublcoses,and any other written or verbal agreements [or thc use and occupancy of any portion of the Property,
<br /> including eny extensions,rcnewals.modiCcations or substituttans o[such agreemcnts(ull refened to as"Leases")and
<br /> rents, is.cucs and profits(all refcrred to as ••Rents").Grnntor witl promptly providc Lender with trne and cncrcct
<br /> copies of all cxisting and futurc Leases.orentor may collcct,receivc,enjoy and use the Rcnts so long as Grantar is not
<br /> in dr,fault undcr the terms of this Security Instrumcnt.
<br /> Grantor ucknowledges that this assignment is perfected upnn t}�e rccording of this Dced of Trast and thnt Lcndcr is
<br /> entitled to notify any of C3rantot's tenants to make paymcnt of Rents due or tu becume duc to Lundcr.However,
<br /> t.•,,���r acrces that onlv on default will i.endcr notify Grantor and Grantor's tcnants and make dcmand that all futurc
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<br /> Rents bc paid directly to Lender. On receiving notice oi deiauit,vranior wiii a�.u����.._•••���•.–. .�---.---- —•
<br /> payment of Rents in Grantor's possession and will receive any Rcnts in trust for L.e�nder and will not commingle the
<br /> Rents with any other funds.Any amounts collected will be applied as provided in this Security Instntment.Grantor
<br /> warraats th�c no def.zutt exists under tMe I.eases or any applicable landlordltenant law.Grantor also agrees to maintain
<br /> - and requira any r.ec�ant Ec�e�c�ep�➢y wri�eh e�i:t�rms of the fl..eases aneD applicable law. •
<br /> 93, tl,EAS�'��d�YS;C�i�l[�1UMINIIl1.615; PLI�NN�k3 U1V11'DEWELOPh1ENTS.Gtantor agrees to comply with the
<br /> - ,p�;ovi�%��,c�s cv�any Fr�,as:�`a!'�ss�ec�nmc�•Ti�.nsccumun�is on a l:�ss.h.sld.If the Property includes a unit in��ra�ndrnninie�m
<br /> �c,^a��sc.~•:.�:r� uittit aev�Ym�ttsNr�t. �ra��v� wa➢��nQlom�n fiOZ of K'irantor's duties under tDae eovc�aa7�as, by-laws,or
<br /> _=' re�r�.J�i^i�nns c,�thc coa^,��r�ir�nuc��or.J I<�nncrD�nr+ifi�c�YVelv;pment.
<br /> �q, �p�ik'I�QJ�.�i'.C�rar.tAr.0��01 be in dultaul�if ar�y�ra�1y ab7�gatcof ozz the Secmrcd Debt fai�s t�o make p�yrT+��Z'�'��►���11e.
<br /> Grantor wili be in det'aault if a brcach occurs a�ir�der RR�Q terms ot this S�:s:i�r�up l�iscre�rr+sa►�od�ry'ozfi�Er alc►�o�en�
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