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<br /> . Unless otheradse egmod En writin�.all insurance pmceeds ehall be applied to We restoration or repair of the or to
<br /> • . • the Secured Debt.whethet or cot then due� at Beneflclary's opdon. My application of procee�a to princip ah�li not
<br /> extend or pastpone the due date of tho scheduled pay�n t nor chanse the aaiount of uay payment.Any excess wUl be�d
<br /> . ,S w tliee arentor.Tf the Pnoperty is acquIred by Beneficiary.'tYustor's rt�t to sny insurance policies aad rocceda resuldng
<br /> , � from damage to the P�npeny before ihe acquisition shall pass to Bene ciary to the eatent ot"tbe Secured�ebt inuae�liately
<br /> . . V;� before taa scqolsitioa.
<br /> .�� 20.ESCRO/V FOA TAXES AloiD 1NSiJRANCE. Unless athenvlse pmvided in a separate agreemeat.Trustor�vill not be
<br /> � required to pay co Beneficiary fluide for taaes and iasurAnce!n esaow. ,-
<br /> � Zl.FjNANCIAL itEPORTS AND ADDPiTONAL DOCIJMENTS.Tcustot will��pmvide to Beaeficiary upaa request,aay ''
<br /> �;`-•'"'""'�� f i n a n a i a l s t a t e u�e n t o r i n f o m i a t i o a B e n e i 3 c i u ry m a y d e e ra r e a s o n a b l y a e a e s s a r y.'I r r u a tor a g r e e s to si g n�d e l iver,aad tile en�r •;;a
<br /> addidonal dacumente or certiflcatlona Wat Benaflciury maY conslder neceseary to perFect,coatinue.and preserve(iraator e ��w_
<br /> obli gatlona under thie Securt t y Iasm�ment aad Benetia l a t y s lien statua on the Property.
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<br /> 22.JOIINB'AND INAIVIDUAL LIABQdTY CO�SIGNERSi�CCBSSORS AIVD A1SSI(iNS BOUND. AU dudes uader
<br /> :�' �•>���� tpiis S�curity Insuumeat an joint aad indi�dual.If Truator slgns tl�is Securlty Insuument but dces aot siga an evl�.ae of —
<br /> �` •� •; �tt. 'Elvstor d,oes so anlg to mortgage Trustor's intcrest in the Property to secure payment of the Secured D�e@t aai.d __
<br /> • •.�• .. t;^'��: s doea u�s eg�tee to be personally liable on the Secured Debt. If tl�is Securitp Inatmment sewres a�uaranry tx�we�n --
<br /> � �cituy and'�tv,�r.Tn�storag�w waive any r�y�!s that may prevent Bene�d�ary from bringing any actton os cl�ixn
<br /> � .'� �'• agaiasi Trustor or aqy �stty inaTebted under the ob�i�aatton. lhese rIghta may includ�e� hut are aot Ii�iteA Co. amy �
<br /> ' �u'� eutidefioi�tcy or ono-acr�ax xaws.Tcustor agreea that SeaeBciary and any party to tuie�Secudty Instnimeat�¢xtemn�,
<br /> .. ' ;�� �..��i'� � S�a chan�g �w� Ul not� 1���'i vstor�m�f th term�v ogthis�ty orins��t.�'!he du��d beaefit�s o�this S�ecurley �
<br /> . ;,1�,. lnsuument shall biad aad beaefit t�te su�as aad assigns of Tcnstor and Beaeftcial. -
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<br /> �. 23.l�PPLICABLE LAW SBVERABIIATY;�PRLTATION.This Set�utlty Instrument Is goveiueat Q�y,ttie lawa of the -�
<br /> , i;'s;,,.:, • jurIsdidion in which��cn�y es lo�ate�.erc�tipt w the exeent othenvasa uequired yb �the laws of tha.junsdicd�where =
<br /> �,�s�,.�ri;;� the Pro is located. 'l�ie Sv�on�ty Instru�nenc is com�plete and faUy 3�4egrased. 'd'd�s Security Insafunent mt�y not be _
<br /> .�„��:;.�° amead or madiSed by oiall a��ezm�tt.Anq sectioa ia tff�is�vrity,k�stn�ent�attactur�nts,or any agreament�lated to
<br /> � ,�,.;`3'� the Sacured Debt that oonflic�s�v�2�s applicable law wlll not b�¢ffecave.tu►tess lav�r�ressly or impllodly per�its the --
<br /> � vadatione by waet�2n �&f aay se�tion of this Sec�y Inatnma��t:c�naot be ea�aroPd accor3bq,r to its terma�that �_,_
<br /> secNon wiU be sxxr�a�d aa�aat affect tLc enforceability o3�the retn�eefl�of tbis Se�urity Instna�r�►z.Whenever uaed� r.,_.
<br /> � �„f ` the siragular sha^�anziude the plural and We plwal the singular.'!he captio�s and headings of the sectiona of this Sewdty i':":-
<br /> . �,,.. Insupmeat nre for coavenieisce only aud are aot to be used.so interpret or define We tenns of this Security Insuwneat. _
<br /> T`ime�s of the es�nce la this Secu:iry Iasauaient•
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<br /> 24.SUCCESSOR TRUSPEE. Beneficiary. ai 1Reaeficiary's optiw�, m�Y 1Paatea tiwe to�ne remove'E�ustee aad appoint a
<br /> � suc�essor trustee without eny�ther fam�alitq ol�tm the desfghation i�w�iti�,�a.�e successor uust�e.tivd2h�conveyance of �.:
<br /> ' .;,�,, the Pm , shalt succeed all the title. Power,and duties confesaed � aa Tcustee by this S�curi Insuument aad
<br /> - .:. � applicab e law. -__
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<br /> �_;.=,�,_�;:,_,.• 2S.NOTaCE. Unless atherwlae reqmizod by law,aa�aodce sLa1Q be given by delivering�t or by�it by first clasa mail
<br /> _=_-',��irAi'i;: to the app�prfqte�s ectdr�ss oa page 1 o this Secudaj Iasavmeat,or w any other address esignated ia wrlti�ng.
<br /> •=••s:�•=- � Nod'ce m.ane tru8tor be deemod w be aotice to all auawrs.
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<br /> -- ;: . ,__��r� �.R►u� ��pq W tbe extent pmhiblted by law. Tmator waives a!1 apprais�nent and homestead exemption rights
<br /> . ;,°��.�q reladn$to"t�e rty.
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<br />����`:�`� 27.OT�R TERMS.If checked,the following are applicable w tlils Serudty insaument:
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<br /> 'a"" (� Uae of Ce+cdi�Tbe Sewred Debt inciudes a revoIviag]ine of cradit pmvislon.Although the Socuted Deb!mqy be
<br />----='`y�" reduccd to a zero balance�this Seaudty Inst�ua�t wlil re�aain ia effect untjl released. '
<br /> ;:���;`,�•�5 0 Construst[on Loaa'Ibis Saurlty Iusuuraent secucea ea obLgation inc�ured for the aonstcuctlon of sn improve�wt
<br /> ___ _r�e�'; oa the Property.
<br /> _—:`=�'' , p �3�+e�yling.Tivator grants w BeneSciary a secwtity iaterest in all goods that(irantor owns now or in,We i�ture
<br /> -�L�����;1r and that are or wllt baomc fixtures related to tho Pmperty. 'll�is Securtry Instmment suffices ae a'flhancfng
<br /> �-����`'a'��'° statement and any carbon,Photographic or otiter reproducdon aiay be ffied of record for putposes of Arttcle 9 of the --
<br /> s°.:,�- Unifom�Cbmmencfel Code. . -
<br />'°;"r__..�ca,.; CJ Ridae.'1'he oovenants and agreemeats of each of the rldeca checked below are inooipoiated into and supplemeat and ,
<br /> .,Y„,,x,•�r�`.. � amend the te�ms ofthis Secn�ity Insuwneat.[Qteck eti�pplicable boxes]
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<br /> - 3IGNATORES:�g►�i�niug below�Tn�sYor a,ge�to ttt:r,e�aad cov�ro�in this Securiay Msuument and in aay •i;:�
<br /> � ' aitsc�a�ts.'TpasrmY nlso eclmowtedges recdpt o8 a oa�y a�tsLs��acuclty tasttum�seent oa the dau st�l on page i. .' ��
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<br /> � ° �� � �"�aD Tlds iamna�eat�vas aclmowled ed before me this......�At�A......day of..........rS�B�€'�•.. :9�........... -
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<br /> . My oommissioa acpires:
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<br /> ., m�e�se,ae,.snee„u,,mc..st.aw.MW ItBOW97•28111 FormREOT�tE t0Yl7f8� fpageaof4l
<br /> r GENFRAI NOT�HYSt�hat NeDns�
<br /> 10SEPH R 008RCYOLNY
<br /> t <• .a� KlOamm.Ei�Sept.J�2�00
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