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<br /> Unless othcnvisc agrced in�vriting,all insurancc procecds shali tx:applted to thc restorutiun or rcpa'v of thc Pm}nrty e _
<br /> or to the Sccurcd Dehl,whcthcr or not thcn due,at l.cnder's aption.Any applic�tion of pr�xreds to principal shall n��t
<br /> extend or pustponc the due dute of the srhedulcd puyment nur changc thc umount of t�ny payment. Any exar,s�vill bo �—
<br /> paid to thc Grantar. lf the Property is acyuircd by l.ender.(jrantor',ri�ht to any insurancc policics and proa:eds °°
<br /> resutting irom damage to the Properry tx:tore the acquis3tion shall pass to Lender to the extent af the Securcd Debt
<br /> immedfately befo�e thc Acquisition.
<br /> 1A. ESCROW FOR TAXFS AND IIVSURAhCE.Unless athenvise provided in a separnte agreemcnt,CirAmur will not r
<br /> be required ta pay to I.ender funds for taxes and insurance in escrow.
<br /> 21. FINANCIAL REPORIS A1VD AUDI110NAL DOCIIM1�ENT3.Grantor will provide to L.ender upon request,any
<br /> finat�ciul stutement or information Lender may deem reasonably necessary.Grantor agrees to sign,deliver.and Clu
<br /> any additional documents or certtf'ications that Lender may consider necessary to perfect,continue. and preseive
<br /> Gmntor's obligations under this Security lastnunent and Lender's lten status on the Property.
<br /> 22. JOINT AND INDIVIDUAL LIABILITY;CO-SIGNERS;5UCCESSORS AND ASSIGPIS BUUND.All duties �
<br /> und�c thia Security Instrument are joint and individuaL If C3rantor signs this Security Instrument but does not sign an
<br /> evldence of debt,Grantor does sa only to mortgage Grantor's interest in the Property to secure payment of tI�Q
<br /> Secured Debt anal Grantor does not agree to be peisonally liable on the Secured Debt. If this Security Ins3nament
<br /> secures a guaranty between Lender and Graaitor,Grantor agrees to�vaive any rights that may Qrevent Lender from
<br /> brin�ing any action or cltum against Grantur ar any party iadcbted undcr the abligation.These nghts m�y inciudu,but
<br /> are not timtted to.any anti�dsfiaency os ouc-action laws.C3raator agrees that Leader and any p�rty to this Securety
<br /> Instniment mav extend,modify or make any change in the terms of Wis Security Instrumeni or any eviaeace of dabt --
<br /> without Grantor's consent Such a chan�e wul na�t release Grantor from We terms af this Securiry tnstrumenw The -
<br /> duties and bsnefits of tl�iis Sec:ulty InsMmnent shall bind and beneCt the sucoessois afld assigas at drantor and Lendar.
<br /> ?,3. APPLICAB�.E I.AW;SEVERABILITY;�l'ERPRETATiON.This Security Inst�ttraent is governed by tho laws oi
<br /> the jurtsdiction in which Lender is located,except to the extent otherwise required.by the Iaws of the jwisdiction
<br /> where tlae Propesty is located 71iis SQCUriry Irtstrument is complete and fully integated.This Securiry Instrument may
<br /> not be amended or modified by oral agreement.Any section in this Security Instrumeat,attachm6nts, or aay
<br /> agreement related to the Secured Debt that conflicts�vith applicable law will not be effective,wiless that law expressly -
<br /> or impliedly permits the variations by written agreetneat If any section of tt�is Secwity Instn�ment cennot be enforced
<br /> - aceording to its terms,that secdon will bE severed and will not affect t�e enforceability of the remeinder af this
<br /> Security Insuuuient When�ves.}�sed,the'singular shaU iaclude the plural and the plwral the singular.The captions and
<br /> headings of the sertions o�tliis$ecunty,Insuument are for convenience only and:are aot to be used to interpret or
<br /> deCutc ihc te�of this 3eeuriry Tn�mtneen[.Time is of the e�encx in iius�wiity ii�-uuru�ni. __
<br /> 24. SUCCESSOR TRU5TE�.`l:qnder,a4 Lender's aption.may from time to time'temove TrusQee and appoint a . ,
<br /> successoT trust�e without Any,nther�ormality than the designation in writing.The successt�r uatetee,without -
<br /> � oonveyanoe of the Property,shall succeed'to aU the Litle,power and duties conferred upoa Trustee by t6is Security
<br /> Iastrumeat and applicable E�W.;' ,• �' �:.f
<br /> ZS. NO3fiCE.Unless otiier�vise required by layv.any notice shall be given by deGve�irig it or by mailing it�by,faTr�'t�.ctass
<br /> maU to tDe apprapriate party's address on Fage 1 of this Security Ipst[ument.or to any other address d�signat�d ia
<br /> writing.Notice ta one grantor will be deemed W 6e notice to aU g�xntw�s. �
<br /> 2fF. WAIVERS.Excepi to the extent prohibited by law,Grantor waivcs all appraisement and homestead exemption rigiits � .
<br /> relating to the Property.
<br /> 27. O!'HER TERMS.If checked,the following are applicable to ttris Security Instrument:
<br /> ❑ I,iae o!C[edi�The Secured Debt includes a revolving line of credit provision.Althovgt�the Secttred Debt
<br /> may be reduced to a zero balance,this Securlty Instrument will remain in effect untU reteased.�
<br /> ❑ Constmetton Loxn.This Security Iastrument s�cures an obligatton incurred for tfle..construction of an
<br /> " iimprove�nent on the.�'roperty. � �� :"
<br /> ,� F'�ture P31Ing,Grtttitor grants to Lender a security interest in all goods tYiAt GranLOr.owas now bt•.i�the
<br /> future and that are.or wilt become fixtures related to the Property.Tbis�scurity�►sEpumeut sai�ces.'as a
<br /> finencing statem�rit�aad any carbon,photograp6ic or other reproduction ti�ay be�ed of:record for p�rposes
<br /> of Articte 9 cif the Uniform Commercial Code. � ' ''
<br /> ❑ Ittdere.The coventints aad ag�reements of each of the riders checked;.$�fow are incorporated into and �
<br /> supplemeat and amend the termsof this Securiry Iastrumen�(Check ail ag��licable boxes]
<br /> ❑Coadominium Rider 0 Plaaned Unit Developmeat Rfder ❑Othea..............................»..........................
<br /> ❑ Addition�l Terms.
<br />— SIGNA'IURE�:By stigning below,Grantor agrees to the terros and cave�ams contained in tlris Secmrity�nstrument and in
<br /> amy attachments tor alsa aclueowledges receipt of a copy of this Sekurify Instr�ment on thc date stated on page 1.
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<br />=� STATE OF...............�c».-�'».....»...»...»»...»..........COUN'PY OF...............�»......................».....}ss.
<br /> "� cc�� This inst�ument was acknowled ed before me Wis.....���.........day of......e�3s�r+..�'...�1�.........._............»».
<br />.� by....ti�..�. ..����..�.��........»»............�....................... ...............................»............................
<br />:� My aammission eupires:
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