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<br /> Unless othetwise a�need�n w�iting,aU ins�ce F1°��be app�ied to the restoratioa or re�air of the Prc�enY -"'�r�:;
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<br /> ^ �;.4.' ' or to the Secuced Debt,�rrhetheror not then due,at Lender's optioa Any application of pmceeds to principal st�il1 not : '�. :
<br /> � `' `� e�end oi pastpone the due date of We scheauted Daymeni nos change We amount of any payment.Any exoess anU be . s ,
<br /> .'..;;` �,�` ' �aid tb ttte Gtautar.If the Property is acquired by Lender.Grantor's right w any nosuraace policies and proceeds .
<br /> 1 �'° � ,..`�`� � �efore ttie a uisition shall pass to Leader w the extent of the Secured Debt ,
<br /> ' ,�� °� resulqag from damage tQ the Propercy a9
<br /> � � ��w, .:_' immediatety betore the aoqaisitian -�
<br /> ,. �,,. ,. _
<br /> • ?A. FSCROW EO�t'f�ES�ND INS�PICE.Untess ot6etavge pmvided in a sepuate agrecment.Graator w�i not '`...i
<br /> , x me reqt�ted to pay to Lender funds for taxes aad insurance ia escrow. .r
<br /> ��.;: 2l. i�i�iClAL RE80Ri'�APID�DIfl�O1V�AL OOtCU�l�RP15.Grantor w�l provide to LeQder upon cequest,any .
<br /> "' 'Y�'.,•; 6nanaa!statement or information ixnder may deem reasc►nabiy n�ry.Grantar agrees to siga.deliver.and fite - ,-:_
<br /> - .' amy add'itional dacumenu ar certifcatioas that i.euder may oonsider aecessary to perfed.oontinue,and preserve `;��:_f,,
<br /> < ' Granto�s obtiga$ons under Wis Sec�uity Inswment and L.ender s tien stams on the Propeaty. ` .
<br /> ' � BOD�'A1�ID UdDIVmUl�1.I3ABID.PPtf:CO-SIGIVEILS;SUCCF.�SORS A1VD AS3IGI�LS BOUND All dttties �...••+;;.�
<br /> � ,. "'�`. under this Se�vrity Instnunent are joint aud individuaL If Grantor 9gns this S�uiry Insttume.nt but does not s�gn aa ��W`"
<br /> ' evidence of debt,Grantor does so onlgr w mort�age Grantor's interest in the Property to secure payment of the �.:{:_ ,_
<br /> � Seatted Debt and Grantor does not agree w be personally liable an the Secured Deb�If this Secutity Inst�ment �,�__._
<br /> ent I.eader fram •�� -r-,�,.
<br />� , seaues a gua:anty between Lender aad Graator.Grantor agrees to waive any rights that may p�rc.w �-i...
<br /> . brin�ing af.7►aaron or daim a�inst Grantor or any party indebted nader the obligatsnn.These rig�is may imc[ude,bnt �::.:�:,:
<br /> , ;: �`' are not timited to,aaY anti�atefiaeueY or one-adion laws.Giantor ggrees t�at Lender and anY P�Y to this Security � .
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<br /> ' v InsWment ma y eatend,atadif�►or malce any c�aage in the terms of this Secarity lnstntment or any evidence of debt �.-'Y�-
<br /> .�� `� 4,� a+ithout Granwr's cansent Such a c�auge wU not retease Crantor fmm tbe teims of this S e a u i ty I n s t�u men t T h e
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<br /> __ � .. .''.4,, duties aad bene6ss of Wis SeaunY In�wment shall bind and beae6t the suocessoYS aud as�igns of Gsantor ana Leuder. �:�,,.Y.
<br /> , ` � � �PLICABLE LA�i;S�EVERABILY�lf:II�iTERPH�TA1I01�This Sec�}aty Instrume�at is govemed by ttie laws of � �-._
<br /> the jurisdictiion in which Leadet is located,excePt to the extent otheiarise required bY the taws of the jurisdiction � �..i,
<br /> ' . :`'�.. . where the Property is toc�ted.'[]ris Seauity Instr�ment is complete and fulIy intep�ated'l�is Secu:ily Instrumeat may � -
<br /> • �'� ' ' ��:_.;
<br /> �� - not be ameaded nr madified by oral agreemen�Any section in¢�s Security Iastmment,attachments,or aay
<br /> � - � �. � ..'� agrt�ement related to the Sesvred Debt that wnfticts arith applicab2e lav wH1 aot 6e effe�tive.�nless Wat!aw ex'PresslY �<;.,:��
<br /> -�,�°� em nt If an sectinn of this Se�ity Inswmeat cannot be enforced
<br /> _ ,',� '��`"�- or implieNy germits the variatioas by written agreeme Y
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<br /> . ;'� :v; aocording W its terms,that sedion will be severed aBd will uot affed the enfoneab�lity of the remaiuder of this ----
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<br /> � Sec�uity Instrumen�Wheaevar osed,dse s�nSular sha�t r�ude the pI�a}and th�pi�ral the s�ngutar•'I�e �ap �.,,�-,
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<br /> „.�� heading,c of the sectioas of this S�uritY Instrument are for coave�zc�ce only and are not w be nsed W interpret ar� " — .i.
<br /> • ,. define the terms of this Seaaity insu�ent 3"une is of the e�eace im d�Security InswmenL , w
<br />� ' '.��,:• �`•,` 1A� SUCCESSOR'PRZTS'Y�E.Lender.�at Lender's opiion,may fr�sa��ne to time remove Trus t ee an d a p p o i n t a , �•;�:.
<br /> l f saccessbr Wstee witleout any other formality than the designation in writing.'i�e successor uustee,vvlthout --
<br /> „r5'��' �' shaII succeed to all ttte tiite.power and duties conferred npon Trustee by t6is Secauity . .
<br />�;. .�c�;�;�;�,. � coneeyance of the Praperty, �_-
<br /> � . <<;`�.�z: instnimentandapplirablelaw. _ , _.
<br /> � � .. ZS. PI07YCE.Unle�s otherwise reqaired bg law,any notice s�all be givea by delivermg it or by ma�ing it by fust ctass ;: ;;.-Y._-.
<br /> �:.;� `�:, "�� � ma�to the agpropriate paKy's address a��age 1 of th�s Secarity Instrumeut,or to•any ot�address designated ia ___
<br /> �.' __-: `o:�:�-.-�-_«_.., wiiting.Natice w on�gcantor w�!6e deemed tobe nottoe_W all g�anto�s. -
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<br /> �: Zla VI1AIf/ERS Except to the extent pmlubiteci by law,Graatarwaives aU appraisemeat atcd homestead esemption n ts _-
<br />>��.. �: . , . relating to t6e Pmperty. , ----
<br /> �_.,. ' � x'J. 07�ERT�6MS.Uc6ecked.the foIlowingare applicabte to this�itl►Insaumenx
<br /> '�f ,•�.; . � • . � � ldne ot Ccedtt.The Secured Debt includes a revolving line of credit provision.Aithoug�the Secured Debt .�•
<br /> msy be reduced to a zero balance.this Security Iastniment w�l remain in effect�mtil reteased. ' _ --
<br /> � � '�`"�°'�• � ❑ Co�stradIoa Lo�n.This Security Instraaaeat secures an obligatloa incurred for the construction of an --
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<br /> ti;4�;?;.� :�'.,.. impravemeatonthePraperty. --
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<br /> � ' . � '� . ❑ g�i�m�e�ng,CnanWr graats to Lender a secmity interest in aD goods that C,rantor owas ceow ar i�s the
<br /> fat�ue and t�at are or wU 6eceaix 5xtwes related to tlie Property.Tbis Security lnstiument s�ff'ices.as a —
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<br />—; ,��,.: . � , finaacing statement and any casbon.photographic or other reproduc.tzon raay be filed of record for parpases —
<br /> � • �.. � ` � of Artide 9 of We Un9farm Commeicisl Code. . .�
<br /> ,t.��t�+�{� .� �-� � � •, ❑ Ridern.Tke covenants and ageements of each of the riders checked below are inwrporated iato and � —
<br /> . , snpptement and amend the terms of this Security I n suumen L[C hec k a l l a p p l�c a b t e b o a e s j _
<br /> '� ' • Rid Pltm ed Umt Deve opment Rcder ❑Other »••••••••••�•��•�-»�- --
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<br />:I� ;-;a,•�.�:: .� SIGNATURES:By si�ing C��ar,Grantor agcees to the er.r�s aad aovenaats oontained in tivs Seauity Instruazent and in =
<br /> =��'���k'�r� �:� . airy attachments.Grantar also�ackuowledges receipt of a copy oi this Security Instrument oa the date stated�Fage 1.
<br /> �,� � 10/02/9?
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