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<br /> B. All futurc edvunces from L.ender to Grantar or ather future esbll�adonaof(3rantor to Lender under uny pron�Issay
<br /> note.contmct,guurnnty,or other evidence of debt executed by Grentor in tevor of Lender cxecutcd aftcr thia
<br /> Sccudty Instrument whether or not this Sccurlty Inytrument Lti speciGcally ec[erenced if morc than onc person -
<br /> signs this Secwtty Instrument,euch Orantor agrecs thet thIs Sccurlty Instrument wUl secure aU future udvAnces and
<br /> [uture obiigations that are givan to or incurred by any one or more(irantor,or any ane or more Grnntor and ,
<br /> otheis.All future advances and other futum obligatIons are secured by thls Security InstrumeM even though ail or
<br /> part may not yet be advunced.AU faturc advances and other fuwre oblIgutiona ere secured as�f made on the ciote
<br /> of this Securtty Instrumeu�Notiilng in this Security Instrument shail conadtute a commttment to make additicmal �
<br /> or future loans or advances in any amoun4.My such commitment m�st be agreed to in a separate wrtting.
<br /> C. All obligadons(hantor owes to l.eader,whIch raay luter ar3se.to thc extent nox prohibitcd by law.including, but
<br /> not linuted ta,Gabilides for overdrafts reDAtiag to any deposit account egeemeat between arantor aad Lender.
<br /> D. All additional sums advanced and expenses incurred by Lender for iasuring,presen�ing or otherwise prota:ting
<br /> We Property and its value and any other swns advanced and expenses incurred by Lender under the terms of
<br /> thiis Se�urity Instr�raeaG
<br /> 'I�is Security Insmunent will not secure any other debi if Lender fails to gtve any required nodoe of the right of ressission.
<br /> S. PAYMENTS. Grantor agees t6at aU payments under the Secured Debt will be paid�ti3�en due and in ac;cordance
<br /> wlth the terms of the Secured Debt and this Securlty Instmment.
<br /> 6, WAItRA1VTY OF TITLE.Cirantor warrants that Grantor is or will be lawfully seized of the estate conveyed by this
<br /> Secwrity Inswment and has We right to irrevacably gran�oonvey,aad se�l the Property to Trustee,in trust,with �
<br /> powex of sale.GTantor fllso warrAnts that We Property is unencumbered.except for encumbranoes of reoord.
<br /> ?. PRIOA SECURPTY tN'!'ER�S'd'S.With regard to aay other mortgage,deed of trust,security agreement or other lien
<br /> docwnent that created a prior security interest or encumbraace on the Property.Grantor agrees:
<br /> A. To make all payments when due and to perform or comply with aU covenants.
<br /> B. To promptly deliver to I.ender any nofsecs that Grantor receides from the holder.
<br /> C. Not to allow any modification or exteasion of.nor to request aay future advances under any note or agrecmeat
<br /> sectued by the I�en dociunettt without L.ender's prior written consenG
<br /> & CLARI7S AGAINST TiTLE.Graator wiU pay all tax�es,acsessments,liens,eacumbrances,lease payinents,ground
<br /> rents,utllitic�,and other charges relating to the Property when due.L.cader may require Grantor to provlde to Lender
<br /> copies of all notices that such amounts are due and thc�eoeipts evidencia�Grantor's payment Grantor will d�fend
<br /> ritIe to the Property egainsf any cfni�i�ie�t woutd��iair i8e�en af th�s �t�I�trum�ni.Gra�iar agrc�tv�iga
<br /> to Lender,os requested by L.ender,any rights,clalms or defenses Grantor may have against parties who suppty labor
<br /> or materIals ta maintain or improve the Property.
<br /> 9 DUE ON SALE OR ENCUIVIBRANC&Lender may,at its option,declare the entire l��l�ice of the Secured Debt ta'
<br /> � be immediately due aad payable upon the creatioa of,or contract for the aeation of,any l�ert,encwnbrancc.tra►�s[er
<br /> or sale of the Property.TbLs right is subject to We restrictions irnposed by federal law(12 GRR.S9:1�,�s appuCable.
<br /> ' This covanant shall run wIth the Properiy and shall remaia in effect un�l the Secured Debt is.paid.a,qt'full and ibis
<br /> SecurIty�a�strument is released. � "
<br /> 10. PROPEIIRIY CONDITION,A�,�'.��tATiONB AND INSPECTION.Grantor wil! keep the Property in good
<br /> condition aad make all repairs that are reasonably aecessary. Grantor shall not commit or aUaw any waste,
<br /> impairment,or deterioration of the Properiy.Cirantor will keep the Prope�i free of noxious weecds aad grtisses.
<br /> Grentor agrees that the nature of the oocupaaey and tue will not substandafliy change without Lender'S prior wntten
<br /> consent Graator will not permit any chazsge in any license,restrictive cove�Y�itt or e�.4qment without I.ender's prion ,.
<br /> written o�n�eni.Grantor will aotity Lender of all demands,proceedin�s,claims,aad�ac?ians agaiast Grantor�and o�;
<br /> aay loss or damage to the Pro�seriy. :'�
<br /> I.ender or Ixnder's agents may,at Lender's option,enter the Property at any reasonable time fqr.�tbe purpose of
<br /> inspecting thc Property.Lender shall give Grantor notice at the time of or before an insgectio�i specifying a
<br /> reasonable purpose for the inspection.Any inspectioa of the Property shall be entlrety for Leader"s benefit aad
<br />_ Graneor will in no way reiy on Lendex's iasgection. � � .
<br /> iL AUTHORPI"X TO PERFOiiM:�llf•t3rantor faiLs to pedurm sny duty or any of tbe eovenants contained ia this
<br /> Security Instrument,Lender may�without notice,perForm or cause them to be perfomhed Grantor appoints Lender
<br /> es attomey iq fact to�igp Grantor s name or pay any sunount necessary for performance.Lender's right to perEorm for
<br /> Grentor shall not cc�ate an obti$ation to perform,and L.endea's failure to perforae wiU not preclude i.ender from
<br /> exercising any of Lender's pther ri�hts uader the law or this Sectuity Instrumeat.If any oonstruction on t6e Properiy is
<br /> discontinued or not carried on in a reasonable manaer.Lender may take all steps necessary to protect Lendet's
<br /> security interest in the Property.�uteluding oompletion of the�onstnic6on.
<br /> 32. ASSIGNN[ENT OF LEASES AND RENTS.Grentor irrevocably grents,a►nveys and seIIs to Tnistee,in trust for the
<br /> benefit of I.ender,as addirional security all the right,tide and interest in and to any and all e�stii�g or future leases,
<br /> . subleases, and any other written or verbal agreements for the use aad occupaacy of any portion_of We Proped}r�
<br /> � incl��in��ny e�ensions.renewaIs,tttodifications or substitutions of sucti agreements(a1Q ff8feaed to as"T.eases")an�I
<br /> rents,isstres and profits(ap referre�8�to as°Rents").(iraator wiU prompily provide�fi..ender with true and corre�
<br /> copies of all e�g aeid future��.�ease's.Grnntor may collect,reoeive,enyoy and use the Yt�nts so Iong as Grantor is aot
<br /> in default under the te�pf t�ds Security Instrumen�
<br /> Grantor acknowle��c�:that�this assignment is perfected upon the recor�ag of this Deeci of Tcust and that Y..ender is
<br /> entitted to notify aEay`�if�"jtaiitoa's tenants to make payment of Rents due or to hecoine.due to Lender. However,
<br /> Lender agrees that only on defatnit will Lender aority Grantor and Grantor's tenants and make demand that all future
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<br /> payment of Itents in Corantor's possession and will receive any Rents In tmst for Lender and�vlll mot oommingle the
<br /> Rents with aay other�unds.Any amounts collected will be applied as pmvided in this Security Instrumen�Grantor
<br /> wamants tt�at no defauIt exists under the Leases or any applicable landlorclltenant law.Grantor also agree.s to maintain
<br /> and require any tenanY to comply witPt the terms of the L,eascs and applipble law.
<br /> 13. LEASEHOLDS;CONDO11�lvIUMS;PLANNED UNIT D�VELOPMENTS.Grantor agrees to comply wit�i the
<br /> provisions af any lease if this Security Iastrument is on a leasehold_If tl�e Property ineludes a unit in a wndominium
<br />- or a planned unit development,Grantor will perform all of Grantor s duties under the covenaats,by-laws,or
<br /> regulations of We oondominium or planned unit development.
<br />- 14. DEFA[1L.T.Grantor will be in default if any party ohtigated on the Secumd Debt fails to make payment wh.em due.
<br />= Grantor will be in default if a breach occurs under the terms of this Securiry Instrument or any other docurnent
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