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<br /> Unless othezwise agreed in writing,aD insutaace prooeeds slaall be apptied to��rauan o w ria s�ot
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<br /> ' � � or to the Secered Deb�whether ornot then due.at ixader's option.Any app P�� F � �
<br /> -�``;`u:=<,�� eatend or postpone the due date of the scl�eduled gayment nor cLsnge the amouat of aay payment Any exoess wiU 6e __��.r�
<br />_ . :? ,;.` paid w the GranWr if the Property is aalu��Y Leader.Grantor's right to any insurance poficies and prooeods '-
<br /> .s=' ` � resulting from damage Lo t5e Froperty before the aoquisitinn s6all pass to I.eader to the esctent of the Seaued Debt •-,;.;:,
<br /> � ', "`'� immediately before the aaquisition
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<br /> , � 2t1 FSCROW FOA 7k'ARFS AND IlV3iJ�iA1�ICE.Unless otherwise provided in a separate agreement,Granwr w�l noi
<br /> , .. ' �;: 6e required to pay to Ixnder fusds for taxes and insuranae in escrac�+• ��
<br /> 2L Fl1�Il�leiC1AL 1�EPO�I'S ANYf ADDPiTiII�TAH.DOC:UI�&'1�'S.Grantor wifl provide to Lender upon request,anY <•-
<br /> �.�•--;-.. deliver.and file
<br /> _:,.��.;, 5aaacisl statement or informatian I.ender may deem reasonably n�ry+.GTantar agrees to sign, --
<br /> aay additional dacaments or certifications that Lender may wnsider neoessary to perfect,contiaue.and preserve
<br /> Grantoi's ob&gdtions under this Seauity Instrument and Lender's fien state�on tt►e Property. �, :�_
<br /> . xt. JOII��PID IIVDIWIDUAI.L�LITY:C�-S�GNERS;SQC�ESSOgS A1VD ASSIGIVS BOUND All duties ,. '_',
<br /> under this Secauity tnstrument are joint and'mdividual.Tf Csiantor signs Wis Securlty Instrument but does uot sign an � ;:_,
<br /> '�:''';:..:r' , evldence of debt,G�r does so oniy to martgage Granwz's interest in the Property to secure payment of the �
<br /> . � '�': .�.�-:�" Secured Debt aad Grantor d�es not agree to 6e peisonaity liable on the Secured Debt If this Searrrty Tn ,•n�+t �, �:�;;_,--
<br /> vent I.ender from —�- �
<br /> � . seanes�a guasanty between I.snder and Grantos,Grantar agrees w waive any rights that may pre �V_,
<br /> , bTinging anY acnon or daim against Graator or anY Partl+iadeb�d ander the obligation These rights may inciude,bt�! :
<br /> r��,, or one-aaran laws.Gra�ns agnees that Lender and any patty to this Securi�j► »t--
<br /> . . are n�t limited to.any anti�de�cieneq ai the te�ts of this Security Instrament or aay evidence of defal 1�;t:,r:
<br />- `•;�"•.':::-:; Insttument may extend.u►odd7►or make any cha..�g�� __ --
<br /> withoiat C�ranto�'s consent Such a cl�ange w�nc�t cziease f�antor from the terms of this Seca�Y instrament'Ihe . -
<br /> � dnties andl�enefits of this Secauity Instniment si�all6ind and 6ausfic the saccessors and assigns of C�{ntor aad Lead2a: .. ':'.�'.,"T�;..
<br />-- � . �::' Z� APFi��BLE LAW,SEVERABILY�Y;INI'�RPItETA��YW'f6is Seca�rity Instrument is govemed by We laws a�f�: ' �,,=:_rv�.;:,
<br /> . -:�`, she juiisd'�ction in which I.ender is located,excePt to the extent o�6eiwise required bp t�e laws of the jurisdi�i�n ':�r._�;.
<br /> �`s � � where the Praperty is Iflcated.'14�is Sec�ity Iasbra�ent is complete and[uBy integrated.This Security Instn�ment ma9 ' ��
<br /> , -•-:
<br /> - not be amended or modified by orat agreemeat Any sectioa ia this Sect�ity tnstrament,attacIuneats,os any �.,�F. .
<br /> . � agreeme�relate�to the Sec+ued Debt that oonflicts with applicable iaw w7l e►at be effective,untess that law expressiY �.,,,,�-_ r
<br /> '. . �'r r� or impliedt5►Pemuts the variations by�vritten agreemen�If any section of Wis Seauity Iash unaeat canaol be enforced '�
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<br /> � _ � ' '' accardiag w its teims,that sedian cv�1 be severed and w�l uoi affect ffie enforcea6�ity of the remaiader of tin;s �;_�_.
<br /> ; ','�V` Security Ia�ramen�Wheneve;used.ttie singai�rsbait include the ptural and We plural the singutar T�e captions and � �"__�
<br />- : � �_ • _ headings�of We sections of this Security Insmaaent are for coavenience onty aad aze nQt to be�sed to iaterpret ur �;�•,-y.,
<br /> „ � . � de�ne the terms of this Security InsommenL Time is of the es�ence in ti�is Seauity Instr�men� �
<br /> � `` .• � ?A. SUCCE530R'�RUSTLE.Lender.at Lender's ogtion,may from tttne to time�remove Tmstee and apgdint a ���`
<br /> �` � � saccessor�trustee wiWout any oiher formality than the designatioa in writing.The succes�or trastee�arithout
<br /> ° . • conveya�aae of the Property,shaU succeed W all the titte,Power aad duties conferred upoa Trustee by this Securety ��. _-
<br /> •� ' .`�' ' .. 'Insuument and applicable Iaw. �-w
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<br />- Z5. NOTICE.Uniess otheiwise required by law,any notice shall be given by de�avering it�ar by ma�ing it bp fast class .�,�:, --
<br /> � . . . mnil to the appsopriate party's address oa page 1 of this Security Iastrument,or to any ether address d�gnated in �_
<br /> F: °. ', ` writin&.Notice toone grantar wUbsdeemedto be notice wall grantois. � ----
<br /> - . •. �,r �.�� Zb. WAIVERS.Except to the extent pro2u'bited by iacv,Caantor waives alt appisisement and homestead exemptian rig�is —___-
<br /> - - - rctatmg tcs ths Pragerty.
<br /> �'7. OrrHElt TEatMB.If checked the following are a�spiicable W this Secusity Instrume� � ---
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<br /> �� • ��.� .,', � �X�ne of Cre�liL'Tde Secured Debt incte�des a revolving line of credit provision.Althougl�We Sec�ued Debt _____-
<br /> s.� � may be reduced to a zero balance,this Security Instnunent wiU remaia m effect until released. _
<br /> �. .
<br /> � � p Canstract3oa�.oan.Tisis Security Instrument secures an obtigatioa incurred for ttte constmctioa of an
<br /> •`�:,,.�=. impravement on th,e Property. ' —-
<br /> ' ❑ gizt�e F3t�g.Grantor gants to I.cnder a security interest in aI1 goads that Grantor owms now or ia the _ _
<br /> _ ., � futnre and that are or will beoome fixtures rela2ed to the Prope�4g-This Security I�struaaent sutfrces as a �_._
<br /> " � � financing statement and any t�arbon,Photographic or other reprodaction�y be fi�ed af reoord for purposes _-
<br /> '� � � of Hrcicie 9 of the Uniform Camraercial Code. , - --
<br /> �`�� `�'�� [] Rtdeee.The covenants and agreements of each of the riders cheeked below are incorporated iato aad ___
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<br /> ,. .. .. '_:" �;.` ; � C8 OR .
<br /> ,, .., ,, ... supptemeat and amend the terms of this Security Instrument.[Check all appli ble b es]
<br /> �,�•� ' ❑Condominium Rider ❑Planned Unit Development Rider ❑Other..»..............»......»..M...».........�.».:....
<br /> . ' ❑ Additior+W Te�ms. � -_-
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<br /> . p' � . SIGiVATURFS:By sigaing below,Grantuz agrees to the terms and covenants contained in this Securiry Inswment and ln -
<br /> •:;',., _ .
<br /> , an y attachments.GranWr also acknowledges receipt of a copy of this Security Insuument on the date stated oa page 1.
<br />.� ..� ._+ ..��:!/1lv...................10130/97 .................»..»....................».......................... .�..
<br /> � . . .. ».��F�••• (nate>
<br /> . . 'si �c�uci� � COLBY R COLLINS �°a") (si�"'�)
<br /> :. . .. ACKRiO 1�: N
<br /> :; .- � • " �- -��- WLF3IGME EBRP►SItA .
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<br /> . :: ; -' STATE OF......».......................................»............,CU1J�j,�OF ..».....�L't9G��� ......». . .
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<br /> �.:. , o�e�► This�i�4.��fiYY��f�f�11����1°re me ti�s.....................»�y oi.....»..........�...........«..............�.:.....:.. .
<br /> � .. . ' �� My commission expires:_........»..........»........c...�..��4�r��•..�„ ......
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<br /> 1�. , � � (Notary WDlic) � _.
<br /> }� " GENERdI NOTARKSt�te of HeMasb
<br /> •''�•• � , � � SCOR C.K{SSLER
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