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<br /> Ualess otherwie�agraod in wdting,a111nsuraace p�s slull be appliod to thc reatoratioa or repai�'of the Y'roperty or to
<br /> tht Secural Debt. whether or not then due, at Beaefcciary's opdon. Aay opplicadon of proceeds to principu sha11 not
<br /> eateud or postpoae the due dete of the schatuled pA t aor cheage the amount of any payment.Any eacess wlll be d
<br /> to the Grantor.If the p�ty isacquired by Brne ciary, Tnistor's rl t u any inauraucepolicles and pmceeds tiog
<br /> from dumge to the Pro�peity before�he acquisItion shall pass to Beae�ary to the extent of tho Secured 7Debt immdiauly
<br /> befon the acquieition.
<br /> 2Q. ESCROW FOR TAXF.S AND INSURANC�. Unlcss othc�wlse provided ia a separate agreement,Trustor�vill aot 6e -
<br /> requIted to pay W&aeSciary Ponda for tues�nd insur�ace in escrow. �
<br /> 21. F�NANCIAL REPORTS ANA ADDITIONAL DOCUMENTS.T:ustor will provlde to Beneficlary u a request� any
<br /> N
<br /> f#��►ncial Bt�temeat or informatjon Hen�ficiary may deem cr.asonably noassuy. 'I�ustor agre�to siga,del ver,and fUe aa�r
<br /> n#l�itional docaiments or certificutions tbat Beneficiary me�consider naxssuy w perfeet,contlnue,and preaerve Citaawr s
<br /> obligationa under this Sectuity IInstrumeut and Beneflciruy a llen s�tue oa the Proper�y.
<br /> 22. JOINT AND Il�IIiIVIDUA,L LUBILI'!'Y1 Ca.SIGNERS;SUCCESSORS AND A5STGiN3 BOUND. All dutia uader
<br /> this Securlry Insmuneat sre joint�nd indivsdual. If Trustor etgns thia Securky Iastrument but does aot siga�evi�t�
<br /> debt� 'I'rwwr doea eo oniy w mortg e'IYoator's iatecest iu che pe yto secure ymeat of the Sx
<br /> Trustor doea not agree to be personauy�liable on the Secured Debt. Ipf thls 5xurity Instr�uaeat saucea A[N��Y�'�
<br /> Bmeflciary�nd Tnutor.Tcuator W w�ive any r� thstn�y preveat BanFcluy fmm brin;is�u�y actlon or cldm
<br /> �elnu Tnuwr or uryp�ty in� unda the ob iaa. 7Lae d�hu auy include� but ue noc li�nited W. �ay
<br /> �ad-nduelickxy or oae-actloa lawr.TiwWr yroa that and anyp�ty to thii Sxudty In�tn�meat mty actaid�
<br /> modity or matce any cbm�e In the tsxri»oi thf� Securlty Ia�uneat or anr- ldeaoe ot debt wlthout Tnuwr'�aoa�eot.
<br /> Such�chm e wW not relwe Tnutor from tLe temu oft6la Secudty Instnur�eat. 'Ibe dutia uid benefiu of tAb Secudty
<br /> Uuteument�a11 bfnd u�d beaefit the nw�son and�16as of Tcustor u�d&�eaciai.
<br /> 23. �.PPl.ICAIiL�LAW SEVERADD.ITY;INTEItPRETATION.'17��Seadty Inauumeat i�goveraed by the l�w�of tbe
<br /> Jurl�dictlon in wbich�eneflciuy ie locued.except to the exteut otherwise rec;uirod by�the lawa of the judsdiction where
<br /> the Praperty ii locued.Thit Securlty Instnimea[i�compl�ae aad fuUy integr�ted.T61�Savrlty Insnumat may aot be
<br /> �axr►ded or modiSed by or�l ag�t.Any aectioa in tI►�e Secudcy Luuument att�chmenta.or aay agreemeut relued to
<br /> We 5ecured Debt th�t coatlicu wIth�pplicable law wUl not be effxfive,ualess t�at Itw eaprasly or implledly peimits t!►e
<br /> varluioa�by wtitten�gretment.If�ny rection of thie Socurl Insuument aanot be enfoc+eod according w ite terau. th�t
<br /> soctton wlll be�eveced�nd wUl not affect the enforoeabllity o�the rero�indet of thia SecurIty Insuuma�t.Whenever usod�
<br /> the aingnl�r atWl include the plur�l wd tLe plur�l the�ingul�r.The c�ptioa�and hadinge of the socdona of thi�Security
<br /> Inatcument u+e for convenieaoe oNy and are not to be used to iatetpm a deflne the tem�a of thia Security InsmutKnf.
<br /> 1'ime ia af the etsenc�e in Wis SavrIty Inatrumeat.
<br /> 24. S[TCCESSOR TRUSI'EE. Beneficiuy. at&nefi�,�y's optton,msy from time to time remove Truatee and appoint s
<br /> suaxs�trr iiusiee wiihuui iui��iuci i�iu,idiiy iit�u ihe��sl��iII tA i;7Itifig.^.�i,'.Pi.:�or tsi�ttC �"Ithatt2�L�ty�of
<br /> the PmpectY. ehall sucaedrto ail the dtle. Power and dudss conferred upon'lYusta by thie S�ecudty Insawneut �nd
<br /> applicyble Lw.
<br /> 23. N01TCE.Unleaa othecwise nqulred by law an noticx ehall bey�vea by delivering it or by u�iling it by firat cl�as m�il
<br /> to the approprl�te party'a addreaa on p�ge t of[hia Saudty Ina�um�t.or to any other addnsa designaud in writtng•
<br /> Noda to one trustor wIU be deemed to be nodce to all uustors.
<br /> ?b. WAIVERS. Exoept to the eatent prohibited by law, Tn�ator waives all�ppiatsement attd homestead exemption rig4ta
<br /> tel�ting W the Prope�ty.
<br /> 27. QiP�lt TERMS.If checked,the following n�e applic�ble to tbi�Securlty Inatnunent:
<br /> �Liue ot Credi�The Sxvred Debt includ�a a rovolv[ng line of crodit pr�nvleia�. Altheugh the Socurod DdK u�aY be
<br /> redtuxd to a zem b�lanoe,this Savrity tnatttuneat w3U x+an�in in cffat undi relaieed.
<br /> �Comtr�xHun 1,o�n.'I7iis Securiry Inauumpi:secuna m obligadon ixurred for the conatrncNon of m Imp�rovemrat
<br /> on thc Property.
<br /> C11R:ture I�llin�.'IYustor grants to Honefleiary a ea:urIry intereat ia all 600ds that Gcantor owne now or in the lt�Wce
<br /> u�d that�re or will 4�ecome fixtures related to the Proptrty. Thie Saurity In�t:ument tufRoa w a fln�uclns
<br /> statemeat and�ny carbon,photogaphic or other reproductioa may be filed of rxord for prupoees of Article 9 of t6e
<br /> EJniform Commercial Code.
<br /> ❑Ridas.'Ihe ooven�ate und agroa�ata of each of the rlders checked below nn inoorpor�d Wto nad rupplaneat md
<br /> . amead the tem�s of tPds Security Inatrumenc.(Check�ll appltcable bozes]
<br /> �Condominiwn Rider � Pluuaed Uait Devclopment Rider ❑Otha............... ..............................
<br /> - ❑Additioml Ta�mt.
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<br /> ' SIGNAT[JRES:By signtng below.Tiustor agrees to the tera�s and coveaents watained ia tLia Security Iuatmment and in my
<br /> ,� attachmenta. 'hustor aleo acknawledges recsipt of�co�►y of thia Secudty Inauun�eat oa tLe due etKOd oa page 1.
<br /> ; � ' .. �
<br /> � (Si�am)ffiZIAN�R. ..........................�ax)� (SiWWo+ne)WEi�'IY . . .. . . . . .......( )
<br /> ACIINOWLEAGMENT:
<br />- SPATB OF N��i�........ ........................COUNTY OP I�T,$�.......... . .. .}a.
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<br /> cw�.�a� 'Ihis instrL*++�*+t was acknowled ed b�foK me this �2�.......day of..........$�?���...�9.97............
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<br />= by �.�r..t��..�.�x..��.,.. . .. ..... ,..... ................................................ .
<br /> � My cammiasi ' ..�j��.'.!(�!'t
<br />_ �M�IIMI�IMI�III ��il. �-.r..-:. ..............................
<br />- 1�AI�A1 tr+auy rue�icj.
<br /> 01884 Er�Mtt 6yawn�,ino.. 2nar�e h� /lp3�ps e o/4)
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