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��15�1359
<br /> agreen�.ents and co�enan�s of this Security�nstrument and al�Related Dacum�nts�hereinafter a1l referred ta a��he
<br /> "�ndeb�edness"�
<br /> FUTT]RE ADVANCES.To�he ex�ent permitted by lav�,this Security Instrumen��wi1�secure future advances as if
<br /> such advances were made on the da�e of this Securi�y Instrumen�regard�ess of�he fac�tha�fr�m time tti�ime�here
<br /> may be no�alance due under the no�e and regardless of v`rhe�her Lender is obliga�ed��make such future adWances.
<br /> �R�SS C�LLATERALIZATI�N. �t �s th� e�.pressed inten� af Grant�r �a cr�ss cvllatera�ize a�I of its
<br /> �ndebtedness and abliga�i�ns t� Lender, ho�so��er arising arid whensaever incurred, exc�p� an� obligation
<br /> exis�ing ar arising again���he princ�pa�d�ve�ting of any Grantor.
<br /> �VARRANTIES. �ran�ar, for �tself, i�s heirs, persona� represen�a�iWes, successors, and assigns, represents,
<br /> warrants;co�enan�s and agre�s with Lender,its successors and assigns,as follaw�: �
<br /> Performance of �bii ations. Grantor prom�ses to perform a�l terms, cond��ians, and ca�enants of this
<br /> �
<br /> Security�nstirument and Related Do�umen�s�n accordance v�i�h the�er�ns c�nta�ned therein.
<br /> Defense aad Tit�e to Pr�perty.A��he ti�r�.e�f exe�ut�on and delivery af this instrumen�, Grantor is�a�nrfully
<br /> seised af the es�a�e hereby con�eyed and has �he exclus�ve r�ght to mor�gage, gran�, con�ey and ass�gn th�
<br /> Pr�per�y.�ran�or co�enan�s�hat the Property is unencumbered and free of al��iens,excep�for encunlbrances
<br /> of rec�rd accep�ab�e �fl Lender. Fur�her, Grantar cavenan�s that Gran��r�v�11 warran� and defend genera�ly
<br /> �he t���e to tlae ProperCy agains� any and ali claims and demands vc�hatsoe�er, sub�e�t tv the easenzents,
<br /> res�ric�i�ns, or ��her encumbrances of record acc�ptabie t� Lender, as may be l�s�ted in the sch�du�e of
<br /> e�ce tions t� �o�rerage in any abstract �f�i��e or ����� �nsurance p��icy �nsur�ng Lender's �nteres� in the
<br /> p
<br /> Praper�y.
<br /> nditi�n of Prv ert . Grant�r romises at a11 times t� preser�e and �� m.ainta�n the Praperry and e�ery
<br /> �n p Y p
<br /> �
<br /> art�here�f�n g�od repair, warking order, and condi��on and v�i�l from t�me to �ime, make ai�needful and
<br /> proper repairs sa tiha�the�a�ue flf�he Proper�y sha�l not�n any vvay�e�mpa�red.
<br /> Remo�al af any Part of the Prvperty. �rantnr promises not�o rema�e any par�of the Prop�r�y from its
<br /> present loca�ion,e�.cept far replacem�nt,ma�n�enance and relocation in the ard�nary��urse of bus�ness.
<br /> Alterativn� to the Property. Csrant�r pr�mises �o abs�ain fro�n the c�mmission flf any waste on or in
<br /> c�nnec�ion wi�h the Praperty. Further, Grantor sha�1 make na ma�erial al�era�i�ns,addi�ions�r impr�vemen�s
<br /> of any type �hatsoe�er to the Praperry, regardless flf whe�her such a��era��o�s�, additions ar impro�ements
<br /> v�r�uld increase �he value of�he Property, nor permi� anyone �o d� so except for�enan� �mpro�e�nents and
<br /> comple�ion af i�ems pursuant ta appro�ec� p�ans and spec�fcations, w�thout Lender's prior written consent,
<br /> which consen� may be wi�hhe�d by Lender in its sole discre�ion. �rantar wz1� �amp�y �vi�h al� Iaws and
<br /> regu�at�ons of al1 pub�ic autharities ha��ng�urisdiction over�he Properfiy�ncluding, v�rithou�Iim�ta�ion, �hose
<br /> re�a��ng to �he use, o�cupancy and ma�ntena�ce �hereof and shaX1 upfln reques� promp��y submit �o Lender
<br /> e�idence of such complianc�.
<br /> Due an Sale�Lender��Consent. Gran�flr shaZl n�t sell,further encumber�r o�herwise dispase of,except as
<br /> herein pr�vided, any �r aIl ❑f i�s �n�eres� in any par� �f or all af the Property vW�thaut firs� �btaining �he
<br /> v�r�t��n consent of Lender. �f any encumbrance, �ien, transfer ar sa�e ar agreez�.ent f�r �hese is crea�ed,
<br /> Lender may deciare immed�a�e�y due and payab�e,�he entire ba�ance of the Indebtedness.
<br /> Insuraace. Grantor prom�ses��keep��e Property insured against such risks and�n such form as�nay wi�hin
<br /> the so�e discretion of Lender be acceptab�e, caus�ng Lender ta be named as ��ss payee �r if requested by
<br /> Lender, as mortgagee. The insuran�e company shall be ch�sen by �rantor subject ta Lender's apprava�,
<br /> which shall not be unreasanabl� �v�thheld. Ali insurance pal�cles must pro�lde �hat Lender wi�� ge� a
<br /> mir��mum of 14 days not�ce prior��cancellati�n.A�Len�ler's d�scretion, Grantor may be required�a pr�duce
<br /> rece�p�s of paid pr�miums and renewal p�li��es. �f C ran�or fa�Is�a o��a�n�he requ�red caverage,Lender may
<br /> d�s�at�rantor's expense.Gran�or hereby direc�s each and every�nsurer vf the Propert�y tQ�.ake payn�en�of
<br /> Ioss�o Lender wi�h the proceeds to be applied, anly at L�nder's op��on,to the repazr and rep�a�ernent of the
<br /> damage or�oss ar to be app�ied to�he�ndeb�edness v�i�h�he surp�us, �f any,��be pa�d by Lender to Grantor.
<br /> Pa ment of Taxes and ��her Appli�abie Charges. Gran�ar prom�ses �� pay and �o discharge liens,
<br /> Y
<br /> encumbrances,taxes,assessments, lease payments and an�a�her charges re�ating�o the Pr�per�y v�hen IevYed
<br /> or assessed aga�nst Grantor or the Proper�y.
<br /> fl 2�04-Z414 Compliance 5ysterns,�nc.F9L]E-AE27-2�I3L2.3.738
<br /> Commercial Reat Estate Security Instrument-DL4D47 Page�a�5 www.compliancesystems.com
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