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<br /> ' `::,i"t B.All fuhue advances fmm BeneSsiary w Ttuscor or other fimue obli�auoas ot Tntstot to Seneficiaty uttdur any �f � . . .
<br /> .� ;� ., '.:� � pmmissory note,mattact.St�affiY.or other evid�ce of.debt execated Ay 7'n�stor ia far•aa of 8enef ciarp ext��ctttKd� (;. �`� . , _ .
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<br /> ' ; :, z . , after this 5ec+ui t y Instr�cm�eat wh+�h,er uz nat this Seauity tastruraena is specifiralty refereuced. li c�re thnn.one � .� .�,
<br /> � :: � � . person sigus this Socurity,[osuument. e a c h Tmstor agrees t t�ae t Dis S+x u r i n I n s t r u u n z a s w i i i s e c�u e �t l f i t l u n:
<br /> ,:•,s ,� advaates a�nd futuce obli ans t�t are giveo do or incu:red�y atay or�e or mace'Fn�stor,oz any one ar more TsaJStpr.
<br /> .....) , a a�d o t h�c s.All funue � aad at�et future obligations ace secrued bi this Sratxity Iastnunent etiea though,all� � .` . c,<�� �
<br /> ' � � ":-+ ar part may no�y•et b�advanvad.All futeu��advaaces aad ot�er fatnre ubl�,�atious are se+.�as if made on�Au data �;� � , �
<br /> ' � •`�s�''�t of th�s Secunty Iastn�mcni.Nothing in this Setauit�insuum+ent shall eas�sutut�a commitmeat to make additional ar , , . .
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<br /> •:; . :�.,t,..�:� � futurr.loauc or advaaces in any amouae.As►y sur,t�commitment must be agnxd w ia a se�rarate�rYiting. . ,
<br /> `. r z�:�? C.All obligatioas Tn�stor avres to Bsaeficiary.which coay later arise,ta the eite�s not prolubited by la�r�, inti:Iuding. _ .
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<br /> bnt ant liunte@ to. liabt�ities faF oti�erdrafts relatin� ta aay deQasit ucoua+t agr�nen� betw•eea.Tn�tor and ° '
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<br /> D.AU add�onal suws advau�ood aa�d expenses incnrred by Beaeficiary far ins�ring,pmsetviag or othern��:�mtecting �- .
<br /> ,.';•i the Prnp�ty�.aud its valne an�l any ot�ef sams adtanced and e.�penses incur�ed by Se�neficiary under tha tcsm►F.af this �
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<br /> . `_f:i•`f: $CLVIlIjt.�S[i�� :• ::' ,
<br /> .., 't�is Sesvrity instrnnu�t a�71 afle seaue any other�leht if B�ciary fails to gice an} requined notice of�dtu right df � r �• .,:
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<br /> r, � `'�� ,```;±;; 4 �� 5. FAYIV�'Il'S..Zl�usta�r agcees that a�3 tra�undsr t�Seauted Aebt acill Ise paid abcn due and in accor�ance witb the ' ',
<br /> ^ � . 't r:''' t�of the Seaued Debt and th'ss Sec�mtp Easass�s. . � ---
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<br />,,,.�::... '.; ` . ' 6. WAHRAN�'Y OF TITLE.Teustos wa�r�tb$r���a4tnr is at will be lawfalIy seiz�d of the estute cnn�<ey,ed by tb5s �:�,
<br />;;i::`.,;:����-:.� : .�.; i.; Seauity�.iasau�at and has the rigIu co inevacably graat.coavey,and seU the Praperty to Tnssv�e.in.nust�,wiW power of -
<br /> �,;� sale Tra�cor also wanants that th�Fra�crty is uaenc�b�ed,eacept fos encumbraaces of�ecord. . _
<br /> 1? �!� � 7. P R t i O R S E C U R E'�1 t I 1�R F�1�.Ufiitb t e g a r d to an y oWer mortga�e,dEed of uusc,security ageemta�t,oc other lien - ,{ ' -_-.
<br /> dacument thai creat�a p�ic�a secauitq interest ar��n:�uaobraace an tLe P r ogerty,Trastor agrees: a; �.' --
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<br /> ,,,.._ ��. ;. . A.Ta raake a!1 pa�:$+I i e n d u e a a d ta p e r C�m s o r c o m p l y w i t�a!1 c oveuantE. ,. �._
<br /> :�'=`•:t:v��''g�`<�.'`•- ,� B.'fo gmsaptly dei.a�i��a Se�ciacy any�torie�dsat T�astor meives ftom t��oId�r. +�• --
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<br /> ;�.s��;,. ,.. ,=A•;-T C.l�t na a.�iovi 2�.�dification or exteasiaa,q� uor to reqttese aay fatIIre advances uader anp:�aate or agt�m�t �:
<br /> se�b}r the lie�dauraeat widz�+�t•S�'s psioz wnaen canseus. _
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<br /> . �;.f S. CL��b���AII�i3T T�.E.Truscur u�k all ia�.ass�-�•s.liens.�biances.lrase paymeuts.gcouad� >; 4 `;.a�_
<br /> . ,� , . utiliiies.aad other cbarges relating ta tite ��n due.SeaefciarY ma��r��Trustor w pm�dde to Benefc a'� � �-n:y� .
<br /> ,:w'*.� oaPies of all notices that sach amaunis as�ee due•, �si�receipts evtdenciag'�s s paymeat.Tmstar arilE defemd titItIe td :
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<br /> . .�_.;f�;,,�. - perty aSainstan}r ctaims that.sxoAld`��s t6e liea of this Secure�y;insuumen� Tn�'toi ag�.tn assi i+a i
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<br /> .?: .,�` E�n��e ,�,ac requested by Beaefcsar.a�•2�y'rights,claimg or d�efenses Tmstos may have again�t�pmtties wfza.s�PP1Y�
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<br /> �`i,.�;�,' or toma�atainor3mprnc�i�i�cn��r.,•, . . :
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<br /> �e>�:1. ' 9; DUE ON SALE OII3��0�����Y'�y at its o�1tioa,d � 'tDe entire 6alance of tt�e�ued Debt to .- ,
<br /> �" ` , .��be immediatety due��}�� ����'��i1.�'.`4a��i Of COAtL2CL IOI�IC�Of�2Dy ll�ils E!IIC11��ti'�C[02 ��� ��;-
<br /> ` , ;t � < :� sate oi the Pcoperty.�i��•is cr��"�:�t�tls��?��t�tions imPosecl.by f ,' �av tl2 C.F.R. 591),as., ��h'.e.This � �,
<br /> �E, , v shall nin ariut �:�� t�ie���Debt,is paid in fu1}�tti3 5 ,
<br /> ,. � �y ��. �s��.��� ti�n in.effecr.•v,:�l ��5�
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<br /> .---- , it ' �48�.Piao�TY CONDITio�,�i.�i.�3TONS���;'�,? ���.?'A�N.Trust�r will�keep the Properry ia��qpd co�a�tk{in?•. :�` =_
<br /> �,� � and make allrepairs that are reasus�abiy nec�ri5=�ru5'to�shali nos commit or allbcv aay wast�.:r�Pai�tl;��t�is:'. �
<br /> .s:
<br /> . . ' ,t 't, .,•.deietioratioa of tIie Pmpe�.Tnutor w�l kee��i?toperty free of nouous weeds and•grasses.Trustor agre�s ttiatr� . ,�
<br /> •� natme of the oaupancy and use arill IIai substantiafTy change without Benefic"�ary's prior written coaseat.Tmstor w�7P c�t(t, � --. -=-
<br /> � • �Iy� peimit any c l�a nge i t t a ay l i o e n s e.r a�r x i c t i v e c o v e n a n t o r e a s e m e a t w i t h o u t B e n e fi c i a r y's prior written cansent.Tnutar v i�l ..�-____
<br /> "'_ i'•:;�;'�;,�.�� � notify Beneficiary of a l l demaads,ti�'aceedings.ciaims. aad actions against Tmstoa and af.�y loss or damage to r�he =___
<br /> � • • �P�Y• . , �r. . .
<br /> ,�� Benefici or BeQe�iciary'sagents may.at Beaefic�'ary's opaon.euter the Property at any srasonable ti�'far the putpose � , -
<br /> ` . ; ' .,c; of inspe wg the Property. BeneSciary shall give Tnutor aotice at the.tin�of or before an$��tc.spacifxing a . �., . —
<br /> � • ` re�onable uc�wse for the �u�pection. Any iaspection of the Property sh�93:ih�.t�tirelK.for s 6eaeht and ���+�-•,s�:�-�
<br /> ._' ...t�__.. ':"i- Tn�st�r�1n no aray r�1y on,B�efr�ia�y's uupectioa. .. � � �' --__----
<br /> � � L^�i�( '�4,i " .. . .�. . '[_. �,i•.. � :. . -� .' __
<br /> , ���� �.. ,,�": 11. AUTHO�TY TO PERFORM:�I�•Trustor fails to perform anp.$'�tY o��Y'bf the w oonu�ined in this Secr��i'ty
<br /> • ' '.''"``' Instrument. Beneficiary may,.wituout notice. Perform or cause them to 8�, etfomud�r appoints Beneficiary as � . , .y�-�:�;
<br /> '�' ' • ''; attomey in fact to sign Trnstoi's�se or pay�auy�amount necessary for pertam�aace.Beneficiary s rig0t to per��orm for '. .+� .�-
<br /> � . .•:';,,' . Trustor shall not ereate an obligatlon.do perform,and Beaeficiary's fai2ure co pedomo aill aot preclude.8+�eticlary from . , •..� :�=
<br /> �-�•,;:� exercising aay of Beaefrciazy'q ndti:r i#p6ts uflder the la�v or•tl�s Secarity Instrument.If any constrttuion nn the Property ' v;r�
<br /> .''�•t'��,; is discoatinued or not cartted vn�(is,st,;n�sonable manner.Bea�ticiary may take all steps neoessary to protect Benefic�aay s =
<br /> • } security interest in the PropertY••i�nf!p;Cng wmpletion of the aonsuuctlan. :. .- ;:
<br /> � .�•, • t�:t"
<br /> ���;f'��� . , 1Z. ASSIGNMENT OF�,�9,SFS AND REi�iTS.Ti}�stor"i�evacabl grants.cc►nveys and selts to Tmste+t;..cc�ttust for the ,
<br />� ��..,, benefit of BeaetIcieiY���s'"uidit�onaj security aU.'�the right.tidc an�intc7ast in aBd to any and all existi��or future leases. ' '
<br /> � subleases;and any ath�r.+�tittecc at vefial agreements for ths use aafl�uaupa�y of aay rtion of the Property.inclading ,.+ �,..
<br /> . :any eateasions.renewals.rtt�di�lC.�tfis^,�s,or substitutions of�sucb,agtaemeafs(aII ref�a as°Leases")and rents. iysues. •.
<br /> � and profi[s (a!i nefetnd td us_ iti�si�.). Trustor will promptly to�3de Heuefic�"ary with true and wrrect copies of.a]i�. ,; :_• � ,t�i;,'
<br /> ' �. �•� exisang and futu�e i.�ases.Tntszrir�isn�coltect.receive,enjop an�use the Rents so long aa Trustor is not in defautt uQder � ,;�;, .
<br /> '. the terms of Wis 5ecudty lnsd'uus�.,'. �, . , • t ' .
<br /> , . ,�� , +.
<br /> �' ' Ttustor acknowledg�that this.asst'`d�.wu ts p�t!'�ed upon•tdn recotding of this Deed of Tzust and�iltat•Heneficiary is �}�:��." �
<br /> e n ti t l e d t o n o d f y a ny o f T r u s W r'g.��a a t a t o t t�a t c e p a y m e n r o f�R e n t s d ue or to become due to Benaficiary. Howevrri '
<br /> " Seaeficiary agrees t L a i nly ttA dt:�:it wi13 B�sscftra ' . . '''-'`: .�,'
<br /> : o asy nolity Tn�stor and Tn�stor s cenanta m�1ce d man d t i�nt��a i i� _
<br /> � � fucure Renis bo ps�id direcd_y to B�:tfeiary.On recelving�a�1oe of default.Tnutor ar�lt endd�se�d Q�Jiv.��Benafiotary .
<br /> any payntent of Reats in Tnistor s possession and will�ceceit�e any Rents in trust for Beneficiary and will not commiu4��
<br /> . ` the Reuie wlth any mtcer fuads. Any amounts ooltected will be applled as provlded in thts Security Insmiment.Tn�stor k .; ..
<br /> � �, wal7atits W8t AO defsttlt e�clsts under the Leases m•anY apPlicabie Iandlotdlteunnt law.TwtoSalso agrers co maintain and k•'�
<br /> � ... . . tequire any tennnt to co�ply with the tenns of the lxases and applicabl�law. �
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<br />- � . .. . . . 13. LEASEFIOLDS; COWO�tL�11UALS: PLANNED WiT D�/ELO�'ilE;V7'3. Tcustor agrees to wmply with��tke � ..
<br /> :'. • • pmvisions of any lease if t�3s Security lnstrument is an a leasehold.lf thePtvperty mcJudes a unit in a oondominium or� . ,
<br /> . planned unit develoament,'frusror wdl perform all of'frusror s duties undes the covenants.by-laws,or re�ulatioas oF t@C
<br /> � c�adoff�inium or plaaned unit development. •
<br />_ • •. � ' !page 2 ol4t :
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