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<br /> �. . B.AI! �utuie advar.ces ftnm�net�ciazy to Tn�stor or othtr fuiute obligations of Tia.ctor to Beneficiary uader aay r `. ., � °"�
<br /> . _�1� pmmi�o�y unte.conisact.gua�mty,os other evIdence of debt executed by TnLStor in fa��or af Beaeficia:lr executed �'�'
<br /> st Be
<br /> � � after this Security tmsaumeai whether or aot�his Sec�uity instiument is specifs�Uy refereared. if more than oae . '�'.- -
<br /> '.� : ' persnn signs this Seautity Lastn�t. exch Tnutur agrees tbat this �eauitg lnsin�t uill ss�aur all funue , -�
<br /> . . • ` advaaces aad futu�ohllgazioa�ttzat are given to or iacumd by any nn�e or�re Tnsstoz.or any oae or asore Tinstor , ... . ���,.�;
<br /> • � �• • !,; and others.All futute zdvances aad othrr funue obligatioas ate secumd by tbis Security lnstrument eveu though all •
<br /> : or art�a no t�r�b a a d��a n�d.A i!fu[ure advances�d other fuuue obL ons are secured as if made on the dace �'4`,". ':"
<br /> p y _ 8� ���. _ , . �:
<br /> - . - of this Saunty Ia�n�.l��ihing�8iis Se�auity lastttmc�eat sSaU oonsntute a cammittn�t co make additionaf or •
<br /> . :, tuture 4oafls o:advances in aay�uni.Any such oommitcs�t must be agrced to in a separzte wriang.
<br /> C.AU obliga�iflac'iSmstor oa�es t�n Benef�ciary, which may l�trr arise.to t�e exteat not pmWbited b} law. inciwling. : -
<br /> _,•-=_? -- 6ut not ti��.ed t0. tiabilities fos overdrafts relating to any deposit acoount agre�eac 6etRcea 7'rustor and � .
<br /> ` Beaefic'sarp. -- --- -
<br /> � ; D_At1 addidaatal svm3 sstvanaed aad eapeuses incurrd b}•�tasfiaary for insuTiag.pressenrin8 ur othenvise pmiectia,g .
<br /> � .: � the Pcope�ty aa�its value and auy otber sums advauced anil e�cgenses intu:red by Ben�ficiaiy under ihe cerms of th�s -
<br /> ; i �� . .
<br /> � ,..��� 7bis Securiry InsuuuASnt�vill noi socure any othes debt if Beuefrc'saty fails w gi�e any tequind noti�of the right of �:- ,-i�'..
<br /> '.y-. :p.:
<br /> 'E:; . t- ICS�SSIOD. i�e.
<br /> .� . . '',?. 5. PAYh'�S.Ttustor ag�that���a�ts trader the Seau�ed Debt w�l 6z paid w$ea due a¢d in accordauce nridt the : ,���'�vS�."•. -��
<br /> � . {} oeims of the Seca�ed Debt aad this � ` - , }�� �--
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<br /> 6. WARRAIVTY OF 1TTLL.T�astor warrants tltat Tnuwr is or wiA be}awfully sei�d of tDe esrate maveyed fry t6is .��.;t--�_
<br /> Serun'ty Iasavmact az�d has the right co irnvacabty grant,cnnvep,and seU the Prapeny to Tn�stee,Fa uuai.anth poaeraf ;`�_w...
<br /> ,• � : :5� sale.Tniswr also wazrams ti�at We Property is uneuca�mbeced,e�t for�b:anees of reootd. . '�•.�: :
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<br /> .:5�i 9. pRtOR SIECURiTi�B�EA�7's.Wirh rega:d co a�r ocher mnrtgage,deed of uust.�I►agcee�t or ot�eer lien ;:�< k �:
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<br /> . �=`.��,y� � daaanent that aeated a prior security imeresc ar�br�ce om the Prog�uty.Ttastor a��x. ( -
<br /> �$ � '.. 'k. Syf"i'_
<br /> A.To make all gay�ents when due aad to perform or comply aitb all cnv�s. ' '::;:,� .i;:;�:�:
<br /> ' ' , ...:, � B.To prur��[o Benefrc�ary any noaces that Tmstor re�ives fruua tfi,e�o2der. : ,�,; -�
<br /> � � G Not to alIacec au�nurdi�cation ot exteastoa of.�nor m iegaesc a��advaaces under�nY aate or age�eat ;.� � �,;��.,� ,j,,
<br /> . . i� �by t�Ei.�x d�.without Beneficiary s priar wr�n oo�_ �,��:„;�t:_;�:''�:=-_
<br /> �.�:,�: ai .., ,. . _ _
<br /> . �.� ��GAINSf T1TLE.'��usUir w�l pay aI!taxes.a�nts.liens.�c�brances,lease pay�eats.grouad r�s• } �,�_;:
<br /> � u�,t�i other c6azges �elatat�to the gruperty whea drz�ffieaefici.azy may re4uire Tn�stor to pravide w Bsie� `�`� -_
<br /> _ s
<br /> � ..:: oo ie�r,s�'?iti notiaes that sach amauats are due and the reoeipcs evideacsng Tinstor s paymea�Tn�or�il!d�fend title to � ._�t=_=-�-�_�
<br /> : . � .,+�;�.;:-
<br /> ' r3te:�t}' aSainsc aa claisns that would �air the liea of this Security Instrume�t. Tnutor ag� to assign to
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<br /> � . ;, ,ac requested by Benef�ciary.aa3+nghts.claims or defenses Tmstor may have against panies•�ho su�piy labor .. .��-�_.
<br /> .. ��rm��s w mamtain or imgrove the Pmperty. . �=,.:��=-:,
<br /> �%;�0 9 �::�5�#LE OR EN�,i�+�E.Beneficiary may.a�3is;�a tion,declare tLe entue 6�alAnce of the Se�a�r�ed�s3a , ,��^, -
<br /> • ..��,�; � 3a��telY due aad pay_ab�o�na the cn�atioa of,or co�c�or the creation of,any 1is�,ectcumbraace, traa�. � --
<br /> � • . :stL c;i�'Use Pcoger�y,.TBds n �.��srusjea w the restrictions�s�d by federal law(12 C.�:�.591),as ap licable. , ; , {, __=�.
<br /> . .cq,:�tt shallF�,ivi132_cke� and s6a11 remaia in effect'nnri!the�Debt�s�aid ia full�this Serarity , � `� '`ti =-
<br /> ':r.s�'�mneal is rele�i.: . r . , , .,t �`f'` �3���t�°i'�
<br /> �, � r r,uaau�':
<br /> _ _ . .'1'�,,�. &�t�'1�Colli'��I�N� . __
<br /> � �.'L'1�IItATIONS APTD IN�ON:T�ap�wiU�tSue Pruperty in�ood conditian
<br /> � . . • �_ • . 2�t:�al1 a� U�aat are r�sonablx necessary. Tne�ns�(Il.tca��it or a11va aay waste. impaitment, or _-
<br /> � t �
<br /> '�Y:xti��nn of�Property Tn�stor will keep the Pcopeny�of��os wceds and grasses. Ttustor agrees that the
<br /> ��n r •� •� �� �atare�f the occuP.�cY and use will aot substanrizl3 chan e�vi13o:.�B�' 's prior written ooas�:Tiustor wiU not �.• �-
<br /> x,,.,: . „��� ; . �emu4 aay change ma�y license,restriaive carm�or r,�e�t�s�ai�'-?��ciary's prior written�t.Trustor will ' �''k.:.� .
<br /> . .k,�� . � •aop�r.J�eficiary of all demands.pmcee8in�. r��nv �ad�xi.ars�i.�;�ynutor, and of any loss.or damage to the `"�F'"�
<br /> ` • ,1'�• Prag�iy.;. . ' � �� , '; . ,. • ' ,,,.
<br /> r :s�t, � �� � -
<br /> ` `A''•i� Benefi `"� or Beneficiary's a ti�Y.at Beneficiary's op�:�►the Property at any reasonable time for thepuipose
<br /> : . `;��$�'���-'; of�g'the•Ftepeity. �ciary•sha11 8roe 7Yustor �n.�w at the tipse of or 6efore an on g a , . ��-.
<br /> •�:��•`' reasonabt�putpose..�sr•�ehe.�on. An ectlon of the Fropeny��',!•be:entirely for Bea ciary's�and ��,s. � .- �.—,-;
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<br /> ,f,; . .:�t;����� Trustor I in nu�r a�; , e ciary s mspectian. : �' . . ' , ' :
<br /> ��J;!'!�( .. . . .. ,.
<br /> ,.y{`i�� , . , . •. .: , � , �' •fat , y f�:.
<br /> � ��tr,;�� , 11. AiPfk�OR1TY TQ�r 1°�£�tc��i�?;�,:�Trauor fails to perform aay duty or aap�of the�v�nx�rs c��,m this Seaulty ?,- �
<br /> ; � ,, �,. Iurn��at,.Beasfciary ma}r.:wij3inut aotice. perform or can�them to be perfom�d��'ix�or a�,a�s Beaeficna.�y as �� '���'�:
<br /> •�:�' auo�:"sn fact to sign Tnutor'S name or pay any amo�mt trr�sary for perFonnance.l�cciary s,r`r�t tope�fa�a f�or
<br /> 7'��ali not cc�aa obligation to rform. and Beaefiici�i'�'s failure ta perform w1��tat pr¢cilpT,���euc�icta�r from - . �.- -
<br />�`+S'%�� execa�n,.'�aay of i�em�clary's otber sighps u�ra the law ar this Security insaument.lf aay cons�iisn,�n the Propert�+ -
<br /> Ir.. � . g ' . �"�'
<br /> ; �. �- is di:�nnt�aurd ar�crt a�rried on ui a reasonabTe r�mer,8�te�iciary may take all steps aec�ssary�s��i��st Eenefrc�ary s .
<br /> •;..,
<br />,t; �,��?� s�ras�t'iEu�erest in the Pro}xrty.�ncEuding completion of�atrnstraction. ., �, ,. . . ...�. .'���;�,•; .�
<br /> . 'r .;��:: -� •
<br /> ..: '.,�`}`jy' 1Z. A��f��j�flENd'OF LEASES l�t�UD RENTS.Trtutor irnt�aa�bly grants.canv s and sdd;�s to Tnutee. in trust�ou the :.:'.;r i i''`�.'��"t
<br /> r . . ben�t of Benefciatp.as additioaal Sewdty a11 the righ�tltIe and iaterest in aad o anq�all existing or future leases. . , ..�,;�'` ��,'�:
<br /> q . . sublrases aad o�er written or verbal a�c�ea►eats for the use an�l oaupancy of aay rt"son of e�e Property.includiag %',.r•�`;:,i,��;��,• •..
<br />_�� • . , aay extensIans,�uwats.madi�fccatinns or substitutions of sucb agreements(all:ef�w as"l.ea�:s"?aad reats. lssues . ��;,��,�: s�s���;�•-
<br /> i:; . . aad profits (ail r�f'�red to as Itents'). Tmstor will P�P�Y Vrovide Beaeficiary witi� tc¢e auc£oPC�rectcopies of a11 �}I;��..,'���:��t.;r'.•
<br /> , �r., ,,,,
<br /> : exisvag and funu�e L,e�ases.T�r may collect,recelve.enjoy and use the Rents so Iong as Tn�stor is.Qot in defauir uader ' •��„t;;1,;'s;!�;." w��<
<br />'a: the tetms�of tbis 5ecur'ity Immms�at. s' �S,?�r;t��,'.`i•
<br /> •;�: ., ..
<br />_;, TrusUoc ad�owle�iges that this assigament 'ss per�'eaxed�ou the r�ording of this Q�eed of Tmst and,tl�at BeneRciary ls � . . ' ,,�"`� •
<br />_- ..� enGUed co aotffy any of Ttuswr's tenants to maY�e paym�it of Rents due or to become dae w Burneficia�►. However.
<br /> "' �efictarya�s tbat only on default wi��Bmeficiary Qotify Trostor and Tustor's tenants a�e�lemand tLat a11 �'
<br /> '^' ° f fuwre Rents Ue paid directly w Eeaeficiary.On reaxivin�aotice of default.Tmstar w'sll c�tdorsr�deijver tp Bg�efi ' ! � •
<br /> -,- .
<br /> aay paymeni ofRenu in Ttustat's passesston and aitI r�ceive any Rents ia uust foF Beaeffclaty and wili aot commi��g e �� '
<br />--�':' ' t1►e Rents unth any oWer funds. Any amnnnts wlteaed'�vill heapplicd as pmvided ia this Se�vriry lastrument.Tcustor .:..s.
<br /> ,��:. . , . ' wanants that qo def�ilt exists uader the Leases or anY eVPtica6le Iwd2nrd/tenaat law.Tn�stor alss agrees to maintain aad � �'`'.,: �;
<br />� 's_;i��;:. , . , ., r e q u irc any tenant to comply witb tLe teaas of the Leases and applicable taW ,. .
<br /> "`;., �. • • ' . 13. LEASEHOII.DS. C031iD0�lIN[UbLS: PLANNED UMT D�Y.Q�fi�N'PS. Tn�stor IO co 1 with the �� . .
<br /> . . r , a$�s, mP Y
<br /> �=� �. �r:;�::;�' . piOVisio�s Of ariy le3Se if Wis Se�vti�y Instrument is on a leasehoId.if Ute Pnoperty inciudes a�uut m a coadominium or a .
<br /> :i= ,. . . planned unit developtrnflt. Tnutor wfll perform all.of Trustar's duties under tlie covenanu.by-laws,or regulations of the ,•
<br /> ;'� ';. wndominium Qr planaed unit devetopment. . . � .
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<br /> -,� Ipage?a14/ . .
<br /> ��s�� - ' " G19�B,rt�+ffr+sv's•Ne.St CMW.�LN 11�800.397234/1 FamR£OtttE tG.27,9) '
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