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-..+._� •;�, r; �,a.asm,.... ,,,�,�,._, <br /> r io;�, -���i, :'�Y�X;.�f16�11�IjN�M�Y►t4Mw. .... <br /> .h - �-ti�;'� .ea aao+a7ica. .. _ ._. <br /> , � .'�t�arW^���...,_ � '�'�iR/��''.17�,�,f%+ulr>'t fa�7x4'� :S._:H��_�: � �. " .r� <br /> ...._...a.ayti&� _ 9 ._],11I3. --- <br /> 8. All future adveaGes from Bcnc�icfary ta Trustor or othcr futurc obligation�o'f Tcust�to�Bc�iiGclary under any <br /> promissory note,contracl,guaranty,or oWer evidence of detst cxecuted by Trustor in tavor of Bcncficiery exec:uted <br /> aftor thl�Security Iastrument whether or not thLv Security Instrument is apeciGcally refereaced.IF more then ono <br /> person signs thls Securtty Instrumcnt,cnch Trustut ngrees that this Secunty Instrument wtll sccure all future <br /> adeanas and future obUgetiona that are givcn to or incurred by ony one or morc Txuator,or any one ar mare <br /> Ttu.�tor sad Mhem.All future advances end other future o6ligatlons ere secured by thl.s Security Instnunent even <br /> tt,ougl�all or part n�ay not yct{x:advraced.AU future advances and othex future obligatioas nre secured as If made - <br /> oa the date oi thie Securtty Inatrument.Nothing tn tbls Sccudty Instivmeat ahall coastituto s commitment to meke <br /> additional or future loans or advances in eny arnouat.Aay such c�mmitment must be egreed to in a sepuate writing. <br /> C. All obligations'IYustor owes to Bene6dary,which may latcr arise.to ttia extent aot prohibtted by law.iacludiag,but <br /> not limited to,UabWties tor overdrafts rolating to eny deposit eocouat agreement between Trustor and BencGciary. <br /> D. AA additional sums advunced �nd expenses incurred by Bene�icIary for lasurlag,preserving or nttnerwise <br /> protectl�ng the Property aad its value and any other sums advanced aad expeases Incurred by BeneSciary under <br /> the tern�s of Wis Securiry Instrumeat. <br /> TLis Seturtty Iastrumont wUl aot secure nny othe.r debt if BeneGciscy fuils to gve any required natix ot the right of <br /> rescission. <br /> 5. PAYII�NT9.Trvstor agrees that nll payments under the Secured Debt will be paid when due and in accordance wlth <br /> the terais of the Sectued Debt aad this Secunty Insuument. <br /> 6. WARRANTY OF T11T.E.TYustor warranU thai Trustor is or will be lawtully seiud of the estnte convcyed tsy thia <br /> Security Iashvmeat and has the right to irrevocably grant,convey, and scll the Property to Trustee, ia trust,with <br /> pawer of sale.Trusror elso wanunts that the Property�s nneacumbered,except for encumbxences af recoYd. <br /> 7. PRIOR SECURiTY iNTERESI`S.With regard to any oWer mongage,deed of trust,security agreement or otf�ar Hen <br /> documeat that created a prtor security interest or eacumbrance on the Property,Trustor agrees: <br /> A. To make all payments when due aad to perform or comply with al!covenants. <br /> B. To promptly deliver to Beneficiary any notices that Trustor reccives frora the holder. <br /> C. Not to allaw anymodification or extensioa of,nor to request any future advances uader any note or agreement <br /> secured by We lien dceument without BeneHc3ary's prior written consen� <br /> 8. CLAIMS AGAINST TTTLE.Trustor wlll pay all ta�ces,assessmeats,lieas, encumbrances,lease paymeats,ground <br /> ren�s.utilities,and ottter chazges relating to the Property when due.BeneCtciary may require'IYastor to provide to <br /> BeneSclary coples of aU notices that such umounts are due and the receipts evideacu�g Trustor's payment Trustor wIU <br /> defead tit�e to the Property against aay claims that would impair the lien of this Securlty Instrument.Trustor agrees to <br /> assigp to Beneficiary�as requested by Henesciary,any rights,claims or defenses Tnutor may have against parties who <br /> supply labor or materials to maintaia or improve We Piroperty. <br /> 9. DUE ON SALE OIt E1�ICUMBRANCE.Beneficiary may,at its opdon,declare the entire balsnce of the Secured <br /> Debt to be immediately due end payable upon the c7eation of,or contract for the creation af,any liea,eacumbrence, <br /> transfer or sale of We Properiy.This dght ls subject to the restrictions imposed bY federal law(12 C.F.R.591),as <br /> appUcable.This covenant shnll ruu with the Property and shall remain in effect unUl the Secured Debt is paid in full <br /> and this Sectuiry Instrument is released. <br /> Y0. PROPERTY CONDITION,ALTERATIONS AND INSPECT'ION.Trustor wiU keep the Property in gaod <br /> condition and make all repatrs that are reasonably aecessary.Trustor shnll not commtt or allow any waste, <br /> impairment,or dcterloration of the Property.Trustor wtll keep the Property frec of noxious weeds and grasses. <br /> Trustor agrees that the nature of the occupancy and use will not substanrially change wlthout BeneficIsry's prlor <br /> written conseat. Trustor will not permit anY change ia any 13cense, testrlctive covenaat or easement without <br /> Beneficiary's prior written consent.Trustor will notffy Beneficiary of all demands,proceedings,cleims,and actions <br /> agalnst Trustor,and of any loss or damage to the Property. <br /> Beae6ctary or HeaeGdary's agents may,at Beneficiary's option,enter the Property at any reasonable dme for the <br /> purpose of mspccting the Property. Beaeficiary shnll give Trustor aotice at the tune of or before an inspect[on <br /> specIt]nng a reasoaable�iupose for the inspection.An�r inspection of the Property shall be entirely for Benefic�ary's <br /> benefit and Trustor wW�n no way rely on BeneSciary's inspection. <br /> L1 AU'I'HOR11Y TO PERFOItM.Tf Trttstor fails to perform any duty or any of the covenams contained in this Security <br /> lnstrument,Bene�ciary may,�vithout notice.perfortn or cause them to be perfortned.TYvstor appoiats Benefidary as <br /> attomcy ia fact to sign Trustor's name or pay any amount necessary for performance.BeneHciuy's right to pedorm <br /> for Trustor shall not create an obligution to Qerform,and Bene�iciary's failure to perform wIll not preclude Heneficiary <br /> from exercising any of BeneCciary's other nghts wider the law or this Security InsWment.If any construction on the <br /> Properl�is disconrinucd or not carried on in a r�asonublo munner,Bene�ciary may take all steps necessary to prutect <br /> Benefic�ary's sccurity interest in We Properry.includiag completion of th�construction. <br /> 12. ASSIGNMENT OF LEASE3 AND RENTS.Trustor ircevocubly grants.conveys and sells to Trustee,in trust for the <br /> bene£t of Bene6cfary,as addirional security all the right,title and interest in and to any and all exisdng or future <br /> leases,subleases,and any other written or verbal agrcements for the usc and oc¢upancy of any portion of the <br /> Propert�r. includiag any extensions,renewals,modiGcations or substitutions of such agreements (all refened to as <br /> "Leases')and rents,issues and pro5ts(all refcrred to as"Rents").Trust�r will prompdy provide BeneGcinry with tnte <br /> and correct wpies of all cxisting and future Leases.Trustor may collect,receive,en�oy and use the Rents so long as <br /> Trustor is not in default under thc tcrms of this Security Instrument. <br /> Trustor acknuwledp,es that this assivnment is perfectcd upon the rccording of this Deed of Trust and that BencCciary is <br /> endded to notify eny of Tn�stor's tcnant�to makc paymcnt of Rent�s due or to lx:com�due to BencGciary.Howcvcr, <br /> Beaeficiary agrees that anly oa default wlll Bertefic�ary notify Trustor and Trustor's tenants and make demand that all <br /> future Rents be paid dlrectly to Beneficiary. On receiving notice of detault,Trustor will endorse and deliver to <br /> Hencficiary any paymene of Rents in Trustor's possession and will rcceive any Rents{n tnut for HeneSciary and will <br /> not cummingle the Rents with any other funds.Any amounts wUected will be applied as provided in this Sccurity <br /> Instrument_TnLCtor warrants Wat no aefaWt exists under the Leases or anv annlicable lnndlord/tenant law.Trustor aLso <br /> ogees to maintuin and require any tenant to comply with the terms of the Leases and applicable law. <br /> 13. LEASEkIOLDS;CONDO1VmVIUMS;PLANNED IJNIT D�VELOPINENTS.Trustor n�rces to comply with thc <br /> provisions af any lease if this Security Instwnent is on a leasehold. If the Property includes a unit in a condominium <br /> or a planned unit development.Trustor will perform all of Trustor's duttes under the covennnts,by-1aws,or <br /> rcgulations of the wndominium or planned unit development. <br /> �o+geza�� <br /> O t9W BWMn brYn�,lne..6t GouO.6Ml(1�00�3D7R3tt) Fam RE-0T�NE G�1SR6 <br />