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<br /> �t, ,���€ B. Al!fuuuu�ad�ances from l.ender co Graator or other 5mue abfigadoas of 6ratuar to Lsnder wnder anY P�iY � :
<br /> '.:"4.�:`.r:`'s.':. �
<br /> �� -: ��•E ,R�,FS- �te.cdntreq.gnazanty,or oiher evidsaoe oi debi exeaited by Grentor in favar of Leader exewted after this ::;,�:
<br /> ��� ,�.�..,:: ;,.^ � Iastrument is spec�caUy referenoed. U raore Wan one�son �:�.,_..
<br />,:;V�:- : .3 ::f�: � Security Insb�tunent cvhether or not tfus Senuin±
<br /> r st�os dds Seauity Insuttmeat,ead�Graator agees that t�is Security tnswmeat�i secure all fe�t�ue advacoea aad �� �h:
<br /> • `-��<, �T� tuture obligaHona that are gnren w oz iac�ed by any ona or more tirantvr.or����C�az►t�� �h,y-:
<br /> r�� v�rau .
<br /> � . £� . othsts.A!!fiitur�edvances and ot3ter tuWre abligatiom4 ere s�d by this S�uih+ �
<br /> ' `�: •` � � }''` P.��Y aat 3ret be advanaed.AD fututc advances and other future obligations are secvred as d made oa the date �
<br /> T;�� -�� of dils$ec�ity tastrament.Motbirtg�th's Secmity+l�tcument st�cons�,►te a vammitment ta taake additional
<br /> `�'.:-�` os�h�re toans or advaaoes in aay amo�i.Any such cammimnent must�agreed w in a separate vvsitiag, .,,_ -
<br /> �t v�F` .� �..
<br /> ' �� -• G Ail abligatios�s Grantorowes to Ixnder,w6ts�may later arise,to the excent aat pm�bited by Iaw,induding,but 6 .
<br /> _ ` .� �'.;�;, not limited w.liab�"h�' fos overdrafts relating to a:►y depasit s000uat ageement belween Grantor and Lsader. .
<br /> `: D All addItioaal sams advansed aad eapenses incuited bY I.ender tor�as�ing.Prese�+iag or othern►ise Protectm8 ��
<br /> � ::, .... �.�
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<br /> the psope�ty and its value and any other su�ms advanoed and expenses iacorred by LendQS emder the temos af
<br /> �`,-a��';°u': th�S,eau►ty InsWment -
<br /> f.�". ` _ _::�r '�SSe�ityla�CUmeptw�I nots�azry other de6tif I.ender fa�7s togive any req�ed aotioe af the right�rescissioa , F>___
<br /> . '�'" . 5► PAYIVIEI,TI'�►(irattwr agrees that aU payments tut�des the Seau�d Debt w�l be paid whea due and ia a�oordanc� �, -
<br /> .�~•; r ;�'.-:"�x- with t6e tera�of the Se��ued Debt and t�'ss Sec�uity i�rame,nt-
<br /> ,.,�; ;:��� . -
<br /> �A �LI``�`�*�f� .
<br /> '= 6► WA►RRAl�9t OF'�YrL�.Graator warrants ttiat t3raator is os wIl1 he lawfully seized of the estate canveyed bp thLs .4
<br /> -':��.Y�:;�'�;:;':" ' Seeurily Insaument and has the right w iirevocabt�+g�an�convey,a�c�d seU the PropertY w Trustee,in t�ast,witb , - -
<br /> � r� _r pawer of sate.(3faaat+oralso warraats that the propeuy is uuenc�unbered,except for encumbra�ces of record. � °`"-
<br /> ,` ent or other Iien �
<br /> �;', '_ � 3 �:z T. PRIOI��FCiJI3Yl'�l D�Ti'EL�L51'S�.With regard to any other mortgage.deed of trust,sec�uitY agreem `
<br /> - `'=��� . : doamnent tUatareated a grlor sec�ity iaterest os ertcwxibraaoe oa the Praperty,Graawr ag�reex , . . . �. _. .--
<br /> � . A. To make aii paym�tswhen due agd to perfaim orcomply�i a1t covenants. ' ' _
<br /> .: `� �".. . 8. To,promptiy s1e6v$r to Lender aay notIces that Gtantor receives fcom the hotder. �, �-
<br /> ...'1. y�.�Y �::.4RL': . . - . • __.
<br />'" `',`�;, �.. '�,.... � G Not to aRaw any mod'�eation or e on o�nar to reqnest an}r fudue advaaces un�3ec aay nate rn agreement . _ _
<br /> "r '.` <'•` ' seaaedby th�Uen doaiment ardha�der's prlor writtea c�onsent � _
<br />_�E,;��.��:`-,t,�;.� & CLA1M5 AGA1N5`�7ICi.E.Eiranwt w�l paY aii taxes,�asses�eats.Ge�.encumbsauces.te�ase payments;�ouad =-----
<br /> ���,:�. .;::.•.:,> : ient�,ut�it�es,and otber c8ar�es�elating to the Propert3+when dae.L�nder maq require Cnantor to pravide tu Lender _
<br /> � --�°�R-;� - vopies of eli notioes that snc�amotmts are due aad il�e rece�pts evideacin�G:amto�s paymen�C�ranwx w�l defen� _
<br /> ��`:�-`.� :` � Ntte w t�a�Proper�y agait�st aay�that woWd impair the tiea of tbis Secauity Instramen�GianWt.aSt�s tI�or • _
<br /> ��';� ' ' . to i�a'�recluested b3►I�dC��uY��•�or defens�Grantor raay bave against partie$who svPP Y - --
<br /> r` '', �: ar a�tcriais td n�ttaia flr i�prone the ProPertl►. ... � ' �.__
<br /> x�`ic:: �
<br /> ,�,��, 4. I1iUE ON SAL�Oa3ENCiJMBRANCE.Lenc�may,atitsoption,decia�rhe eatire balan�e of th�S.e�reaDe6itp.'
<br /> s`'�; ,� -. • P+ the c�eatton of,or ca�mract for the caeatIan ot,anY 1isn,ea�,tcaa�es fs
<br /> ��`."�- ;� �=; ��due and g�Y�-�- .. _
<br /> ��� or sale���ttte Propeitq.Ti�Js right 8s subject w the restsic@ons impased by federal law(i2 GF.R:591�,asapplicable.
<br /> ` = '� and shall remam in�effect mm7 the Se�cd��bt is pa�t3 in P�tll and this
<br /> { � r� . T7tis Co�ant�at!iva rmlc the�operly . . . . . � -
<br /> .. .;.�f�` ' , Seauity Idsaumea�i��teased. "' , - � _.___
<br /> !0. 1PRO�ERIy C���ION,AI.�ERAATIONS AND A�iSPE�.TiON.Granto�wilt keep the Properiy in good
<br /> _ '.: ' ` conditton and m�'a�,�D repaiis that are ieasonaWy reecessary:.C3rantor shall no�.commit or alQow any waste,
<br /> ,�'� L:',;'; impa'vttceAb or:4��ioratioa of tite Property.(3ranwi arilt keep the Pro�erty fcee of no�ioess vVeeids antd g�asses.
<br /> erty
<br /> �- ' � �r� � � . �Gra�►tor.agrees tba�the natare oi.the oavpaacy and uso ar�l not substantialty chaag,�without Lender's pAOr� ,
<br /> ,,.,L,.
<br /> S �� � .� co�:�'aaataz.�it`1 mot permit any change in any license,restrletive coveaant or easement arilhopt Lende�s�• _
<br /> �fa`r�= :��( - . writte�ca�sea��n'�uat�r ar�aotlfy Lender of a�demaaQs,P�&g•��aucl acAious against�tautu�an��� .
<br /> _��—�.• auy lassot dgmage��e PcopertY . �. � _ � . : "`' .
<br /> �� . � .Lea��,or I.eade�.��a�►ts may,at Lender's�oi�m�,enier the Properry et ai�Y reasoriat�te dme far'�he purpose o£� , ,:
<br /> :.; '_ r . � � � iaspeaS�ng the Pro�iethr Lentdeu:�al1 give 4ranEo'r not�ce at tt�e time of oi befare an iaspe�oA specifS►iAS a .
<br /> _ � :t� , � reasoua6le� ose for We i�bn.Any iuspectton c���:�Pefi►shaD be ent�a�tY for Lende�s benefit aad
<br /> ==_��� �t3rautos w�l�waP.reiy on Leadefs�agpecaon. ,,,� .
<br /> �.-'�'�� . 1�.�AUTHORTI7T Tt�"�,EItFORNL If Cirantor fai3s to perfonn any duip:ia�any'�oi the covena�ts cont�iaed'im this
<br /> -�d•>`_ . Sec�ity Insteument�Leader may,without notiae,PerPorm ot cause the�n to be perfarn►�.Grautor appoinss LenQer . .
<br /> ==��:;��i . es attomey ia.fa�t to dgu arantor's aaaie or pay any emount n rytbr perforn�auce.I.ende�s rlgbt to perfo=m for , .
<br /> _° '"'��",. - ii�aatar shall aoi create aa atiligatios�.to perWrm.and Lendcr'�u���Fail'ure'.to.perfaim w�not psecWde Lendea fi�in �
<br /> ��, '°i_.�, ;� exerds�g any OiL,Ender's other rights under tho 1aw or tdis Security Instrunxen�If any cansuuc�tan on the Praprrty is �.
<br /> :-`';��,�. . discantfmued ot aoi c�rried oa in a reasur�able s�aun�r,Lender may ta�e;�tl�teps.neeessatY w.proteet Leader's
<br /> ��� •
<br /> �,;:.�¢� : � secairityiuterestinffieProperiy.includiugcp�ipTetianottheco�tracdion..; , •. . �: -
<br /> ;:�`�-.�:' .' 1Z. A53IGNMEl1PF OFLEASE9 AND ItEIYI`S.Grantorirrevocably gants,canveys aad sclls toTrustee,in tr�stforthe __.
<br /> '��"�: �•`��:•: :� 's � 6erte$t oi Lender,ag additional s�curity all the dgiit,dtte and interest in and to any ani!a11 emstiag ar fnttue Iease.s►
<br /> �'`�`�,�:J�.::-,:!� : . , � subteases,and any 4ther written or verbal agteements for the use and ocenpancy;�;'r ar�,r.portfon of the PmpertY. ., -
<br /> �-`'';•.•< u;':.� iIIChldlAp a11Y elR�slo�teIICW81S�IaodificAt�OAS oT Sttbstiqit[oAS OY S12�h epiCE�Cl�tS�a11 Iefec�Cd t0 eS"Leases"?and =_
<br /> - .=:�' , rents,issues end profits(all referred to es"�tents").(itantar aill PIOa�RIY Pron�e Lender with we and carrect
<br /> .,�::;�.• .... .::�, e,-�
<br /> .:,.:�:;. oopies of alt exlsti»g aad future i.eases.ti�sator may eo�ect,reoeive;eniayand use the Rents so lm�g as I#rantar�S aot --
<br /> ,- '��• . � �. indefaultundertheter�msofibisSea�ritylnstrueaen� � , �'�`
<br /> ' ..t:= . � � Grantar ac�tnowtedges that t61s assignment is pertecxed upon the reoord'mg of tLis Deed of Tnist aad that Leader is
<br /> '` �� '��''' .edtitted to notify any of t9rentor's tenanta w mage payment of Rents due or to beoome due to Lender.Hawever, f_
<br /> - '� �� ,:�.�• �
<br /> ',�',;r�-�•�?.. .. �,,endeY. eea Wat ouiy�on default will Lcnder notify drantor and C3rantar's tenants and make dcmand t6at aIl futare _
<br /> -_���:•:.._;�.� � =:_
<br /> .,':.,.:,,,.z: Rents be.paid dtrectiy to Leader.�On tece i v i ng n o i�C e.o f d e t a n l t,O r a n tor will endotse and deliver to Lender any _ -
<br /> , '" ' payment oY ts iaii�ntar a possess�on azcd will receive any.Rents in Wst for Lender and will not oommingte.tbe '. �_-
<br /> ��_ ... ;•: Rents witb a�y�Ot�et`Inftd9.Any amounts oolte�teA wiU be applted as provided in this 5ecurity Iastrument t�raator .
<br /> • ,°'�-:�;.:�•_�� �`
<br /> •,: �i': :. ;::,:. warranta Wat no defanit eaists un de t't he I.e a s e s o r any a p p l i c�b i e:l a a d t a r d/t e n a n t l a w.G r a n t o r a l s o a g r e e s t o m a i a t a i a -� a
<br /> ;� . .- " aad seq�ine any teaant ta som�ty arttb the terms oi the Leases an 'apphcable law. ��
<br /> �s .
<br /> ,��.�> ..,�:�• -;�1:.>� . l3�. lb�ASEHOIA$i CONDOMINlU11�pLA1VNLD iJl�r b PMEM�.Grantvr agees to aomply wlth fhe� . ��
<br /> :. :�;. . '
<br /> •��` �` �.i-.: . . � provlsions of any tease it thts Seciuity�Inswment is on a leasein3td N the Pcaperty iaciudes a unit in a condo�niaium �"
<br /> � or a planned unit devetopment,Orantor wW pedomi all of Cirantor's duties umler the covenanta.by-taws,ar
<br /> ,,; - :��;.�. • . regWations of the condamtniuin os plann e d unit d e vet o p m e bt. ; ' ��
<br /> " . "� 14. DEFAULT.Grantoc aill 6e in d e f a Wt i i an3r p a r l y o b Ug,a te d o i a i h e S e c u r e d D e b t f a i l s t o m a k e p a y m e n t w h e n d u e. , `
<br /> ., ,..
<br /> - Graatnr wlll be in defaWt it a�breach oaaurs under the tgrn�s of t61s Securiry Instn�ment or any other document �t :.
<br />_ ' '.��.,�, �,::�.: _� • - � ' (pageZO14) ..
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