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<br /> B. All future advances from Leader to Cirantor or athcr future�►hligutiunN�►f(iruntur lu I.�ndcr und�:r nny pramissory _
<br /> note,Gontract,guaranty,or other evidence of d�bt excc:uted hy Clrnntur In fnvur uf I.�nd�;r cxceutcd a[ter ttds �_
<br /> Securlty Instrument whether or not this�ecurity Instrument ly n�x:cific�dty rufercncrd. If morc thnn one person
<br /> signs this Security Instrument,�ach Cirantnr egrces that►hix Security Instruinent wlll u:cur��dl(uture i�dvances and
<br /> futute obligatIons thnt are gIvcn to or incurrcd by nny unc c�r mnrc (irnnti�r,ur nny unc ur morc orantnr and
<br /> athers.All future advances and other Euture abligi�ilons ure hcaured hy this ticcurity In+trumenl uven tlwugh all or
<br /> part may not yet be advanced.AU tuturc advnnccs nnd othcr future c�hflF;ntl�+n+nrc,crur�:��:iti�f m��a�e�n thc dutc
<br /> of this Security Instrwnent.Notbing in Q�is Secudty lnstrument+hnll cunsdtute u c��mmltment to make addilianal
<br /> or future loans or advenccs in any amoant.Any such commitment muwt be ugreed ic►in u e+opatatc writing.
<br /> C. All obligations Grantor owes to I.,cnder,which may lutcr arisc.to thc cxtcnt not prc�hthltcd by law,including,but
<br /> not limited to,liabilities for overdratts relating to any dcposit aceaunt c�grccmcnt lxtwcr,n Cirantor and I..ender.
<br /> D th'e Pro�perty and itsavalue and any oher su ns ndvuncycd n d expcnses incurrcd by I,�ndcr a den c�t rms of
<br /> this Security Instrument.
<br /> This Security Instrument will not secure any other dcbt if Lendcr falls to give any requlred naticc of t�:right af rescissian.
<br /> 5. PAYMEIVTS.Grantar agrees that aU payments undcr the Secured Dcbt wUl bo paid when duc and in accordance
<br /> with the terms of the Secured Debt and this Securlty Instrument.
<br /> 6. WARRANTY OF TTTLE.(3rantor wanants that C3rantor is ar will be lawfully�:li.ed af the cstete canvcycd by this
<br /> Security Instrumont and has the right to inevocably grant,cunvey,nnd sell the Properly to Trustec, in trust,with
<br /> power of sale.(3rantor also wanants that tho Property is unencumticred.except for encumbranc.�:s of recard.
<br /> 7. PItIpR SECLJRTTY 1Nl'�;ItESTS.With regard tu any othcr moRgage.deed of trust.scctttlty agraement or other lien
<br /> document that created a prior secudty interest or encumbrance on the Property,C3rantor ugrees:
<br /> A. To make all payments when due and to perform or comply with all cavenante.
<br /> B. To promptly deUver to I.ender any notices that Cirantor rcccives frnm thc holder.
<br /> C. Not to allow any modification or extension of,nor to requcst any fu►urc ndvances undcr any note or agc�cment
<br /> secured by the lien document without L.ender's prior written consent.
<br /> 8. CLAIMS AGAINST TITLE.Grantor will pay all taxes.assessments, liens,cncumbrnnces. lcasc payments,ground
<br /> rents,utilities.and other charges relating to the Property when due.I,endcr mny ccquirc drantor to providc ta L.cnder
<br /> copies of all notices that such amounts are due and tho receipts evidencing OrAntar's payment.Grantor will defend
<br /> tiUe to the Property against any claims that would impair the lten of this Secutity Instrument.(3rentar agrces to assign
<br /> t�I.ender,as requcsted by Lender�any dghts,claims or defenscs Cirantar may hevc aguinst partiea who supply labor
<br /> :,r maicrialo to msintain or lm�r�ve the Property. ,
<br /> 9. DUE ON SALE OR ENCUMBRANCE.Lender may.at its option,declare the entire balance o[the St:cured vebt io
<br /> be immediately due and payable upon the creadon of,or conuact for the creutton of,any lien,encumbrance,transfer
<br /> or sale of the Property.Thls right is subject to the restrlctions imposed by federal law(12 C.F.R.591).as applicable.
<br /> T'Ufs covenant shall run with the Property and shall rema�n in effect until the Secured Debt is paid in full and this
<br /> Security Instrument is releesed.
<br /> 10. PROPERTY CONDITION,ALTERATIONS AND INSPECTION.C3rantor wtll keep the Property in good
<br /> condition and make all repairs that are reasoaably necessary.Grantor shall not commit or allow uny wn�te,
<br /> impairment, or deterioration of the Property.Grantor will kcep the Property frcc of noxious wceds and graeses.
<br /> Grentor agrces that the nature of the occupancy and use will not substantially change without I.endcr's prior written
<br /> consent.Grantor will not pern►it any change in any license. restrictive covenant or easement without Lender's priar
<br /> writtcn consent.orantor will natify Lender of all demands,proceedings,claims,and actions agai�tst Grantor,and�f
<br /> any loss or demage to the Property.
<br /> I.ender or Lender's agents may. at Lender's�ptton, enter the Property at any reasanablc time for thc purpose of
<br /> inspecting the Propeny.Lender shall give Grantor notice at the time of or befora an inspection specity�ng a
<br /> reasonable purpose for the inspection. Any inspectton of the Propeny shall be entirely for i,ender's benefit and
<br /> arantor will in no way rely on L.ender's inspection.
<br /> 11. AU'i'HORITY TO PERFORM.If Grantor fails to perforar any duty or eny of the covcnants containcd in thie
<br /> Security Instrument,Lender may,wlthout nottce,perform or cause them to be performed.Grantar appoints l.ender
<br /> as attomey in fuct to sign Grantor's name ar pay any amount necessary for performance.Lendet's right to perform[ur
<br /> Grantor shall not create an obGgation to perform,and Lender's failure to perform will not preclude Lendcr from
<br /> exercising any of I.ender's other rights under the law or this Security Instrument.If any construction on the Properiy is
<br /> discontinued or not canied on in a reasonable manner,I.ender may take all steps necessary to protect t.cnder's
<br /> security interest In the Property,including completion of the wnstruction.
<br /> l2. ASS[GNMENT OF LEASES AND REtVTS.Grantor inevocably gxants,convcys and sclls to Trustcc.in trust ibr thc
<br /> bcneflt of Lender,as additionul security aU the right.tiNe and interest in and to any and all existing or tuture Icnxtw,
<br /> subleeses,and any other written or verbal agreements for the use and occupancy of any pon[on of thc Property,
<br /> including any extensions,c.,newals,modi�cations or substitutions of such agreemcnts(all refened to as•'�.CASC9")und
<br /> - rents,issues and profits(all referred to as `•Rents"). Grantor will promptly provide Lendcr with true und cc�rrcct
<br /> „ copies of all existing and future Leases.Grantor may wllect,receive,enjoy and use the Rents sa long as Grnntor is not
<br /> in default under the terms of this Security Instrument.
<br />� Grantor acknowledges that this assignment is pedected upon the recording of tUis Uccd of Trust 1nd that i.ender is
<br /> s cntitled to notify any af Grantor's tenants to make payment of Rents due or to bccome duc to I.vnder. Howevcr,
<br />°= Lender agrees that only on default will Lender notify Grantor and Grantor's tenants and rnakc dcmund thlt ctll tuiurc
<br /> - Rents be paid directly to Lendcr.On receiving noticc of default,Grantar will cndorse and dclivcr to I..c:ndcr eny
<br />�;; payment of Rents in Grantor's possession and will receive any Rents in trust for L.ender anci will not commingle thu
<br />�= no.,��.s,;rh An.,�rh�r fundti. Anv amounts coilected will be applied as providcd in this Security [nstrumcnt.Cirantur
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<br /> °' wanants that no dcfault exists under the Leases or any applicable lan�lord/tenant iaw.11[AIIiOi Alset ugrtca i�i mamiwm
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<br /> and require any tenant to comply with thc terms of the I.cases and applicablc law.
<br /> ;� 13. I.EASEHOLDS;CONDOMINILJM5;PLANNED LJIVIT DEVELOPMEN'I'S.Grantor c�grccs to cumply wiih thc
<br /> provisions of any lcase if this Securiry Instrument is on a leasehold. If thc Property includes a unH fn n cundumhiiutn
<br /> or a planned umt dcvclopment, Grantor will perform all of Gruntor's duties undcr thc covcnnnts, hy-luwx, or
<br /> rcgulations of the condom�mum or planned unit dcvelopment.
<br /> !�^ 14. nF n oUwTl beain defaalt f�a brcach occurs underthcatcrms of this Sccuny�Instrumcnt nr�inyyothcr t�xument
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