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201805688 <br />Lry <br />other fees and charges validly made pursuant;to hi Security Instrument. Also, this limitation does not <br />apply to advances made under the terms of this Securitlyinstrument to protect Beneficiary's security <br />and to perform any of the covenants contained in this Security Instrument. <br />3. Secured Debt and Future Advances; Tle than " ecured Debt" is defined as follows: <br />(A)Debt incurred under the terms of all pijontissbry note($), contract(s), guaranty(ies) or other <br />evidence of debt described below and all their exteitsibns, renewals, modifications or <br />substitutions. <br />The promissory note signed by Leona J. Johnson f /k /a Leona J. Poole and Jimmy Johnson (the <br />"Borrower") and dated the same date as this Security Instrument (the "Note"). The Note states <br />that Borrower owes Lender thirty eight thousand and 00 /100 Dollars (U.S. $38,000.00) plus <br />interest. Borrower has promised to pay this debt in regular periodic payments and to pay the <br />debt in full not later than August 24, 2023. <br />(B)All future advances from Beneficiary to Trustor or other future obligations of Trustor to <br />Beneficiary under any promissory note, contract, guaranty, or other evidence of debt executed <br />by Trustor in favor of Beneficiary after this Security Instrument whether or not this Security <br />Instrument is specifically referenced. If more than one person signs this Security Instrument, <br />each Trustor agrees that this Security Instrument will secure all future advances and future <br />obligations that are given to or incurred by any one or more Trustor, or any one or more Trustor <br />and others. All future advances and other future obligations are secured by this Security <br />Instrument even though all or part may not yet be advanced. All future advances and other <br />future obligations are secured as if made on the date of this Security Instrument. Nothing in <br />this Security Instrument shall constitute a commitment to make additional or future loans or <br />advances in any amount. Any such commitment must be agreed to in a separate writing. <br />(C)All obligations Trustor owes to Beneficiary, which may later arise, to the extent not prohibited <br />by law, including, but not limited to, liabilities for overdrafts relating to any deposit account <br />agreement between Trustor and Beneficiary. <br />(D)All additional sums advanced and expenses incurred by Beneficiary for insuring, preserving <br />or otherwise protecting the Property and its value and any other sums advanced and expenses <br />incurred by Beneficiary under the terms of this Security Instrument. <br />This Security Instrument will not secure any other debt if Beneficiary fails to give any required notice <br />of the right of rescission. <br />This Security Instrument will not secure any other debt if Lender fails, with respect to that other debt, <br />to fulfill any necessary requirements or to conform to any limitations of Regulation Z and X that are <br />required for loans secured by the Property. <br />4. Payments. Trustor agrees that all payments under the Secured Debt will be paid when due and in <br />accordance with the terms of the Secured Debt and this Security Instrument. <br />5. Warranty of Title. Trustor warrants that Trustor is or will be lawfully seized of the estate <br />conveyed by this Security Instrument and has the right to irrevocably grant, convey and sell <br />the Property to Trustee, in trust, with power of sale. Trustor also warrants that the Property is <br />unencumbered, except for encumbrances of record. <br />6. Prior Security Interests. With regard to any other mortgage, deed of trust, security agreement <br />or other lien document that created a prior security interest or encumbrance on the Property, Trustor <br />agrees: <br />(A)To make all payments when due and to perform or comply with all covenants. <br />(B)To promptly deliver to Beneficiary any notices that Trustor receives from the holder. <br />(C)Not to allow any modification or extension of, nor to request any future advances under any <br />note or agreement secured by the lien document without Beneficiary's prior written consent. <br />7. Claims Against Title. Trustor will pay all taxes, assessments, liens, encumbrances, lease <br />payments, ground rents, utilities, and other charges relating to the Property when due. Beneficiary <br />may require Trustor to provide to Beneficiary copies of all notices that such amounts are due and the <br />receipts evidencing Trustor's payment. Trustor will defend title to the Property against any claims that <br />would impair the lien of this Security Instrument. Trustor agrees to assign to Beneficiary, as requested <br />by Beneficiary, any rights, claims or defenses Trustor may have against parties who supply labor or <br />materials to maintain or improve the Property. <br />8. Due on Sale or Encumbrance. Beneficiary may, at its option, declare the entire balance of the <br />Secured Debt to be immediately due and payable upon the creation of, transfer or sale of all or any part <br />of the Property. This right is subject to the restrictions imposed by federal law, as applicable. <br />V01.1.1.15917 <br />Deed Of Trust Closed End -NE <br />Bankers Systems"' VMPO 02/2018 <br />Wolters Kluwer Financial Services ® 2014 18.2.0.1784J20180607Y Page 2 of 7 <br />