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<br /> • • B. All futuro�dv�►nces from I.,�:ncicr to GrAr�toror olhcr futurc ot►ligali�>ns oi Grun�or to l.�:nckr undcr any prcxnissory
<br /> n�Ko,con�r�;t,gwranty,ur other evick;nee ot debt execWeQ Gy FGrantor�n fwvor of L.cnikr ex��cut�d aft�this
<br /> Security Inclrument whether or not thix Security Inslrument is s cific�ll refercnced. If mora, Ihan one ru►n
<br /> cigns this 5ccudty Insltumnnl,a++ch Gr�ntur�grces th�t this Sccurity Insttumcnt will sccur�:all(uwrc advanccs and
<br /> fu�ure ablijatfons th�t erc�i��n to or incurred by any onc or morc Grantor,or any unr. or murc Grantar an�!
<br /> olhen.All tuturc ufvance:�►nc1 dhcr tuture obligatiwis ere accurcd by this Security lnatrument eve.n ttwugh All or
<br /> part may not yet 6e ndvenr.ed.All futur� Advana:s�nd olher[uture obligalians are secured es i[mack cx�the.d�te
<br /> o�thk Sacurity imtrument.Nwhing in tha Securi►Y�astrunxnt shall constitutc a cummitment tu makc addisianal
<br /> or future loam or advanoes�n any unount.Any such commitment must be�gmd to in�separate writing.
<br /> C', AII obli�ticx�s Grantor uwes to Lenc!er.which may latee arise.to the extent not prohibited by law,including,but
<br /> not limited to,lu►bilities for overdratts rel�ting t��ny ciepcxit ascount agreernent be�ween Grantor and I.ender.
<br /> �' �the p�roi�x�rty�nd its�lue and an,y c ha�r ssums advanad u�d expenses ncgurprerd y�Lemier ander hG ternu f
<br /> this Security In�uument.
<br /> 'il�is Security Inurument wiU not secure ony olher debt if Lender fsils to give any required notia of the right ot rcsciscion.
<br /> S, rAyMLIY1'S.Grantor a�ea that all paym�nts under the Secwed Debt will be paid when due and in sccord�nce
<br /> with tbe tertns ot the Securod Debt and thu Security Inatrument.
<br /> 6, MtA�IYI'1f pF'711'1,�.Grantcx wan�ants th�t Grantor is ar will be 1�wfuAy seized o[the estate wnveyed by this
<br /> S�ecuriry In�trwnent and has th'ri�ht to ircevocably grant,ooavey,and sell�he Property to Trustee,in trust,wnth
<br /> povver esf s�le.Granta ako w�rrau►ts tlut ihe P'roperty►s une�umbercd,except[or encumbr�ncxs uf rec4rd.
<br /> 7. lRIOR 3ECURIT1t A[YZ'ERES"1'S.Wi�n6�1°+�^y aher mortg�ge.deed of trust,security agreement or olher lien
<br /> docua�nt that aeated�prior security intenst a ancwnbrana on tl�e PropertY�Gro�ntor agr�es:
<br /> A. Tn malce d!payments when due and to perfam a oomply with�ll cavenents.
<br /> ' B. To prompt�y de6ver W Lender aay notica tb�t Grantor reaives from the t�older.
<br /> G H���,�y���a�xunaion ot,nor tu request any[uwro edvona.s under any nota or agrcement
<br /> sayued bY tde lien clocument wilhoul L,ender'a prior writtea 000tent. nents,ground
<br /> � i. CI.A�NS AGAIIVSI''It77.E.Gnn1a wiU pay dl taxa.a�eataunts�liens,encumbra�x:es,kase WY�,
<br /> rents,utili�ies.md olber c�ar�es rciatin�to the PropertY'wt�cn due.Lender�y reyulre Gr+�ntor to pravKie to Lender
<br /> oopie�o[�II notioes t6at such amau►b are due�crd the reaipts evid�ncing Graator's payment.Gru�tcx will deknd
<br /> title to the�r�oQerty+ipiint+�nY d�i�tbat would imp�ir t6e liea of thi�Secuiity Instru�nenG Grantor a�rees to aesi�n
<br /> w I�eoder��s re4u�ted bY l�der�!°Y ri��.d�'�a�detemes Granta nuy tuve y,sinit piuties wla�u�Y�
<br /> a mMerW�to a�aietaio a imprave tbe r�oper�'. �.ym the entin bal�noe of the Secu�c�od Debt to
<br /> 9� DUe ON SI►li OR RNCUMSRAIV(.'E.Lcndu nuY,�t ia option,
<br /> be dedWeh'dua�od P���PO°tl�enea�c�n a�a awtract ta the ere,�tioa o[,mY I�.���
<br /> ar s�le at tbe Pioperty.'Ibi�ria6t is wbject to tbe ratrictiao�imPaed b�'teded law(12 GF.R.S'91).a��PP�x�
<br /> '[1�aoMerot�!I n�a wiW tbe Ptaperty aad diall raaain ia eKect unW the Secured Debt is paid in tull�nd t6is
<br /> �y Imtru�mat s cewned.
<br /> � �tO�iR1Y CONDI'1'ION, AL'I'LRA'110NS AND INSlLCTION.Gr�ntor will keep the PropertY�n tood
<br /> oondition+�nd make all rrpain that�re re�uonably neceasary.Grantor�all not canmit or allow any waite,
<br /> . imp�i�meot�ar deterioration of the PropertY.Gruita will kap t6e PropMy� witbout Leader's pcior a�
<br /> (3raator�c�e�s t�t tl�nature of tbe oua�p�nry and u�e�viU not sNbst�ntWl�'dwn�e
<br /> .. cua�Mt.Granwr will not pemoit any dian�e in a�Y�•�Ye�and�ta�Gc�sao�
<br /> weiUan aooreiM..arantor will notdy Lender at tll damuda,P��
<br /> an�y las a�e to tbe Propatr• at�n reasonabk tcme for the purpo�e at
<br /> Ltoder a Leoder's uenb nuy�at Lender's optioa.enter the PrapertY y
<br /> �napectu+6 the property. Lender dull pve Grantor notict �t the time of or betore m iaapection:pecityi°L a
<br /> rea�onabMe plupo�e[os the impa�tioa. Any im�e�.�tian nf the Property siuU be eatirety for Leadsr'a beneCM and
<br /> Gra�x��ne na way rely on i.eader'�impodion.
<br /> iL AfJ1HOkt'1'1''T� �L1tFOR11�.If Grantor t�ils to pedorm�ny duty or any oE thc oovenanu oontained in thi�
<br /> Securih�Insrxumea�.�"d'�r may,�vitha�ut nadoc.Pc•rfam or cauye tl�em te bc perfoRned.Granta a�pi+iea La�der
<br /> as�twrnay in fact to�iga Grantoc'a na�rie a p�y�dy:mount nece�arY[or pertbmunoe.Leader's ri�ht�,to�pe�orm far
<br /> Grantor fhall aot aeate an oWitatioa to pedorm,and Lenckr's f�ilwe tu p�rform wrill not predudc Leader[ran
<br /> � . pccrcisio�any oE Lender's oil►er rigt►b�wnder tUe IaN a thia 5ecurity ImtrurtKnt.If any a�+'�stTUdion on tGe Pro�perty s
<br /> • ' di�toontiaued a not carried on in a 4eaeoaabl� aunner.i.ender may take all�teps r��ocssary to protoct L.ender's
<br /> � �eca�rity iaterat in the Pcoperty.includinE oo+nPktion o[the vantructiau•
<br /> 1Z AS�IGMIQ'.lYi'OB I.LAS�S hNU RLM'S.Cirantor imevocably g�xn�,couveys aud sells to'fruaee,�in tru�t ta the
<br /> benefit d L.eader,ae dditional aecurity�Il the right,titb u�d intere�t m and to any and dl ewtin6 e�.tuture k.ases.
<br /> wbleases,�nd any other writtcn or ve�1 s�eamenta for ttre use artd oaup�ncy of any portion o[the Pnoperty�
<br /> iarludjn�any e:tensions,renewnlr.modi6aitions or subatitudvns�vf such ag�rnents(all re[erred to a�"Le+�")and
<br /> reats,i�ues�ad ProC�t�(all nterred to�a "Rents").C3ranlor w�ill promptly provide Lender with tnie sad oorn�K
<br /> oopief a(�I!eristiag And future Lease�.Gnntor m�y colkct.reaive�enjoy and�se tha ReMs so lon6 aa Gr�ntor s not
<br /> in de[a�lt under the terms of this 5ecurity Instrument.
<br /> Gtantor�cknorvledges that this a�ignment is perfectad u�On che reoortiing of this Ua�d of'I'rust and that I.�ender is
<br /> entttled to notify eny of Grantor's tanants to make payment of Rents due or to beoane duc to L.ender. Howevcr,
<br /> Lender agrees that only on default will Lender notify Grantor and Grantor's tenants end muke demend that ali[uturo
<br /> itents be paid dirr.ctly to Lender. On rec�.iviog notice of detault,Gr�nux waU endorse+�nd deliver to l.ender any
<br /> P�ymeAt of Reab in('srantor's poe�easion ard��l�..reoii�i.A.y.,R��in tnr�vde-�in this Securitv Wtrwtten�G�rantor
<br /> Rena w�im sny aner iw�as.i,nj��;::��u..,,,.,,....,.. ......._-rr----�--
<br /> warraats that no detault e�cists unckr the Leases or anY aPP�icabre Inndlord/tenant law.Grentor i�lso sgrees to m�inuin
<br /> �nd require any tanant to axnply with the:terms of the L.eases and applicable law.
<br /> ]3�. LEASEHOIDS;CONDOMIM[J1N3: 1'LAIVN�D UN11'DEVELOlMEf�T[5.Grantor agrecs to oomply with thc
<br /> provisions ot eny kssa if this Sectuity imtrument is on a Ieasehold.If the I'mperty includes a unit in a axukxninium
<br /> or�planned unit development, Gr�ntor will perform�II oE Grantor's duties under the cavenants,by-t�ws,or
<br /> regulations oF the oonciominium or plenned unit development.
<br /> 1�. DEFAULT.Grantor will bo in defsult if any party obliRatcd un the Secured Debt tails to make payment when due.
<br /> Gr�ntor will be in de[ault if a breach occun under the terms of this Security Inatrument or �ny othar Jocument
<br /> (ppr?d�)
<br /> O t�MMirqM�Mn.Me..M C��(1��'»�q Fa�+RE-0T�►�E N�M '
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