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<br /> 44 � co T�asror or other fature obli�i uns of T�aswr w Bene&siaty under any s� .�°= ' <3
<br /> .� ,•.., ��. B.All fature advau�s ftom►Beneficiary .. �� �_.
<br /> o note.caatcact.gua�a°tY•or athec evidence of debt eaecute�bY Tzascor in favar of Befleffeiacy eaecuted �J�
<br /> � . .,''. after�this�ecmdry Iu���01 IIut t1�is Sesarlry Instmmeat is sp�callY referenced.if more tban one `` � `'�:..:�.
<br /> � tusuument� eac1� Tiastor a�ees t�at this Sec�anry Ins�ens �+�1 s�e att fnmce
<br /> " , : padi auces a�ad`futnte o�� ns tLat ate SIv Tmscor.o'_i,a,�a....o�aIIe os more Tn�wr .
<br /> �}.�� '' a� aaces and ather fn�ta e obh'�b� ys��H t�h'i.s Se�tY x �`'
<br /> •��,.?' . ��Vt4Wa�I'Li� � i1L744W��r r���� ..f ' ''.-.
<br /> -? ur�act map ant yec 6e advauced.�+►il faaue advancesla�a�nt s�all a�abasdtute a:��tol�additt�nal or ` �'� T -
<br /> � •� J. r�.' o f c 3 i s S e c a s i t y I a s w m e n�.Nn B�i n�iu� ���m u s t b e�o a i�n a s e p a t a t e w n g � ' �
<br /> � ,��, gutu�+e Ioaa9 or advaaces in anY amau�. y wl��may laoer arise.w extent not pm�'Dited by 1 aw i n c ln d i ng, � �-r-
<br /> C.A l l o�t t i g a ti o n s Z Y a s t o x o w e s to Beiieficia�7►. s i E a a�u n t a g c e e m e n t b e t w e e n '�nr�= and r � �
<br /> : - but nnt }t m i b e d w, l i a s t f l i f s e s f a r o v e r d�a 8 s �a d u 8 � �►Y � a .�-..,�s
<br /> aad e a pegses inc�ure�d_ b y�8�7i�z�• or otheiwise pmt�8 -�
<br /> ,;< D.�nal s�s advaucal ��y�b p��g��'eaty mmder t�e teims of th�
<br /> ` the PmgertY a n d its v a t u�a n d a n p o�e r s u�,s a d v a a ce a A`_. s
<br /> Seca�ity Ins�ume�. y�-f�°
<br /> : . - . . Se�ItY Ias�mem will noC secuu�e any o fl�e�r d e b t i f B s n e fi c f�c y f e i l s ro�i v e a�►�n o t t s e uf the d�h t of _ K 1 -
<br /> `` ' n�n' , . . �� �-_.:�-
<br /> ,� a�dex Q�e S�D�:cv1U he�fa�d�n due�in aeWnTance � T�
<br /> 5. PAYM�1�'1'�•7Yu.4tdr egneES t�at al!paym.nts � . '�.'
<br /> .;: te�s of sHe Seaae�l Debt and this Secanty Instivme�t- �-:
<br /> 6. �VARItt�NTS OF TTTIE.Tmstor avauanrs tbat Ttastor is o}�sbell�Fmyperip�to Ttu��. �.�Po��° r�:,
<br /> . r.; ' Se�riry Iastr�ent and bas the right to�cablan ncn�ece�,ea�c�Pt fas encumbsances of ruord.
<br /> •, t* •.'�� .4 �'', �.Tmstor also auaaants tLat the Pmperty � � _y-
<br /> ' ' , With regard to aay otbet ge,deed of tmst.securit�+a�em or uther lien _� ,
<br /> •� 7, PRIQR SEt:IJRt'�Y II�• . �°� ZYastoz agcees: " ��- � -
<br /> s. dna,�ent t�as�a priar se�auitq sntetest oi ensuutbsanoe ora the petty. ��_...
<br /> --- �._ 4.. �`-' A.Ta matce aU DaYcuents whe�n dne and w perfoim os camglY with sIl cuveirants. �;_.,,�,
<br /> _ . ,����:;.;`',°; H.To�dehver to Fene5ciu9 anY nadces tbat 7�astor recenr�fmm t�e holdec —_-`_
<br /> ` ,, C.Nos��y�Y moclii£tpuou or eatensioa of,noz to tequest any RtWLe advaaczs under any nute.or agteement .-�,.-
<br /> Si rior wrut�n co�ent.
<br /> liendac�aent wuhoat Ben�aary's p �: -
<br /> 8. CLAIIV�S AGAINS°f TITIE.'hustot w�l ay all taaes,assessntents liens.enatmbsances.lease payme,nts.8raund�e n t s, �`�� -_
<br /> , t rt�i t t e s,s u d other c v a r&es relad�g m the.�e ri y w�en due.Bene�'ciaty may Ttastor to provide to Senefidaty' �.,, , F
<br /> Lar T�s�s p a p m e a s.�Trastor w�71 defe�d titte ts
<br /> � � • '� copies of a11 not�ces d�at s a c h a m o u n t s are d t t e a n a t h e r e c e i p t s�v i d e n c i n g ��-� -
<br /> vi ta eSSi W � -
<br /> c l a i m s t h a t w o n l d i m p a i r the lien�of this Security IastiumeN. Trastor;a�es 1 �s
<br /> ... ,=i;�:� t h e P c o p e rt l i����Y����•���y'��or defenses T i u s t o r may I t a v e a g a i n s t�a rt c e s v r h o s u p P Y
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<br /> . -� ------- o�n�a.,te��'a s'to mamtain ur�mProve&e Property. . �'`�,
<br /> . ..��. ` r,_� �t':._�.
<br /> , �:� .�.. ma ,at its option,dedare the entue baTauce of the.Secared Debt to -�.�. -
<br /> , . 9. DdJE ON SALE OR ENCUM6RANC�.Beneficiary Y
<br /> le ti�e cr�uon o or conttact�or tLe cre�on of anY lien,�b�e.�°1 �.-_
<br /> ' , �. ' sbeate o��Y��.��Y"��ht�s�vb1'ect to the r�ctions imPose�l bp federal taw j12 C.F.R 591),asap�I�sable.'I�is =
<br /> �.. -�' �venamt shaltian wifh the�ropertY a�l st+ari re�ain in effect pnul tlee Sec,�Debt is patd in fall and ti�s Sec�t9
<br /> . �� -
<br /> �tsstrament is nleased. . �-_-• ..
<br /> ON.Ttastar wfi�the Propertp in oog pd���
<br /> ' 10.PROPEATY COI�IDITiON,AL�TIOIJS AND INSP�C'1'I . �.ir-_
<br /> . ' ansl make all a��s rhat are�easonab�ty Tmstor stiall. not cammit or w any waste. im °1 --- .: . � -
<br /> w i l l �Pe rt Y�of nosious weeds and giasses.Trastor agrees Post t1¢e -,,;,
<br /> I d e t e s toia d o n o f�P r o p e 'i'c u s t o r . �P �ris�ane Bm..p f�s�y s. r'�:,r I t t e-�'s�s e r s.T s�a.�s..^z c�l r�• '���4 r;;�.`"�
<br /> risture of the aceup�Y.�i�e c s n�!n Q.s u b s*.a n t�a�l Y c�+a i s�e p's rior written cansent.T m s i o r a n'1� ""
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<br /> ... .. pr.�it any e}�,ge m any license,restrictive eovenant or easemBns withont Benefcciaiy P ^;�;i�'"c..�
<br /> .. ,. aotify Beneficiu9 of all demands.Pmcee�inSs. claims. and actions against�Trustor� and of any toss or damage W the . �,.,*..::. :,
<br /> � ' . Propesty. . � '�'-� -
<br /> at any zeasonabte tiiae fbr the use ��_ -
<br /> - - g�nefrc,ia�y at Beneficiary'sageWS may.at BeneBciazy's option,e�:er the Properiy spec � -
<br /> .. - �� -. of inspeci�uS d�e rcoperty. BeneSciar�+stia1� give Tmstor nodce at ttiee time�of�I°�'for Se��'s be��fit -as� �J-
<br /> �±•� '.::� .x. reasonable��pu�pose for the inspec�on. Any, inspecdon of the Property sball Y. .�s� .
<br /> �:":._.`.-.:
<br /> :�:�.. �: � � TcnsWr w�Iin no way:ely on Senefrciary's mspecdon. ����� -
<br /> . . ��. A�THOS'�'1�'�'�PF�iFORM.If Ttustor fails W perfotm.any dnty or aary of the covenant�contained-ia tnis SecurltY .
<br /> . .., . li. e�erfonmed. �astor a poims�eaeficiazy 2s �':r°y: �
<br /> � lnsaument, Beneficiary may. cvitlwut nodce, Perfoc�or canse the fai berformance.Beneficia:yps rijght to perfo=m for -''���
<br /> , . . attomey ia face to sign Tiustor's name or pay any amauat necessat5► P • .:'�F";=:"
<br /> �.. . � TcvsWr sbaU not create an ob]igafion sa p.°cform.and BeneBciary's faitute tu peifonn wjll not pm.�lude Bene�Iciary from. ::: , „
<br /> ;,;,;, . , . e�c e r c i s i n�a n y o f B e n e f x c i a ry's o t h e r r i g fi t s u n d e r t h e�aw os t8is Se�vrity Insuument. If any consauctio�B n e�fi c�i a ry�s !° �.;.'��.:�'`,
<br /> . is disconunued ar not cazried oa in a reasonabSe utaaner,Benef ciary may t a k e a ll s t e ps�S► P , . ��_ .
<br /> � „� �� �����,; sewdt3►iniemst in the Propertq,incicsling compledon of the constnicdon. . - _-;,-,._.
<br /> :. '�.. � , conve s anA�tls to Trustes,in tcnst for clr� ��,`:�:,..:
<br /> . 12.ASSIGNM�NT OF YEASES Al�.Ii�EN'd'S.Trustor izrevorb�l .gaats . y . -
<br /> � benefit of BenefciarY.as additim4al secarity a11 the rlght,dtie . uuerest�n aad w aay aa�aU exist�or fnture IeasQS; _' .
<br /> �� � . subleases.and a�►other writcen or verbal ageements fos tke nse and accaPa re�y W as��Lea�s�Pj a�nd�te�,'�iss�aes 'r::•r_'_ ,
<br /> .. a n y extensions reaewals,madificadons or subsdtntions o m t l�$m�dide B n fic�.a�ry�t m e a n d corc e g t co es of all - __ry-_
<br /> ;, a n d pm fi t s(a l f r e f e r r e d t o a s R e n t s°). T n u t o r a n l l� P Y . . ..
<br /> . exis�ng and fntore Leases.Tiustor may collect�rereive,enjoy�us�t h e Rents s o long a s T m s t o r i s n o t m d u l t u n d e r
<br /> ' � ttze teims of this Seauity lnstnm�ent. ..,
<br /> ... . � . TrusOor acknuwIedges that tLis assignment is perfected upou the recordin�of tDis Deed of 1�ast aad tbat Beneficiary is .
<br /> � • entitied to notify any of Tntstoi's tenaats to make paynient of Rents due ar to become due w Bene�c3ary. However. �
<br /> � � Beneficiary a that only on defanit�vll1 Benefic3arY notifY Ttustor and Trastor's tenants and ma�ce d�nand t�at all •,
<br /> future Rents e aid di*eatl m�eeeSc+ar,'r Ou ic_r2�;u:g�ciicC�f dc£at�lct T,ustar will end�rse a�vl dellvet t�Be�efle •...
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<br /> . a��y payment o f�Rents in'I'�=u s tor's g o s s e s s�o n a i W w i l l c e c e i v e a n y R e n t s����d�ne�is S�'ry Inmutnen�T.zus4or .
<br /> � � . the Rents witb any�other funds. A�j amounts collecte<1 wilt b�appHed p
<br /> wairauts that uo defaWt exisb under tLe L�ases or suy applica6le Iandlord/tenaut law.Tmstor also agrees w maintam anti
<br /> :_ .'.- require�any tenant to wmply wlth the terros of the Le�ses a�W appllcable law. ... .
<br /> � 13. I.EASEg10Ia7S; CONDOMIl�I11J�►qSt pL�D UMT DEVELOPN�'NTS. Trustoi agrees to com ly, with the
<br /> � . , ' prov3sions of ury le�asa if this Secutiry Insuument is on a 1 t�ares duties nu der t�e covenan ssb-�laws.or�reg�u�ladons�of the �..
<br /> .- - . ��- ci�nd�omi'niumaor p�lanrnied um developmepn�orm ail of'Trus, .
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