; ;�� - . ' . . . ���.�.�.� v,
<br /> -:==—�-r— - .. ,_. _. _ ---- - - � ,k,it�r�p --' -�- '���a• -�+ - v �a.
<br /> . � . . - � -- . `���"'-'��`r .,..` . , , . ° ,
<br /> . . ' ` "� . . . . . g �. . a"'� _ --�t{����
<br /> v..vx .A;., ' . . _ -._Y� . . F=. ._�� - � - __''�—a.t_�"1a�{S�/fh. ...
<br /> � � , .. ..1 ti:rVfV{!i��l•1f4'�- .__�"'_._��.._.. . .._.�. _ . _. . � � . .�. .'__.... ._.. ._' ."' ._..�e__ __. .a.._—.—.
<br /> . E
<br /> ` 99° ��}�.��a -
<br /> � ' I g,Ai1 futuce a�vauce9 fcam Beneficiary to 1'nutos or other f4ture obUgations of Trustor to BeneSciary under any _
<br /> , ce.
<br /> • promdssary not�,contrect, gussranty.or other evtdencc ot de9t sxeeutcd by trustor ia favor of 8eneficiary execut� -
<br /> . aftet[his Secunty lnsaument�vhether or nat this S2suriry (nsafum:nt ds specific211y raferenced. If mm thaa one
<br /> � � persaa signs chis Sec�rity Iastr�m.nt, eush Tru.4tor agcees that �his Sccurity insuuanent will secure all thture
<br /> advances and future abligattons that ate glven to or iasurrerl by eny onII or rtcure Tnutor,or anyr ose or more Tn�stor
<br /> ` � � aad others.All future advances uad other future obligations are sccured by tflis Securlry Inssr�meat even though all
<br /> or part may not yet be�dvansed.All futur��dvances cu:d othcr futurc obligctians are secured as if made on the daze
<br /> . • of this�uiry Insmun2nt.Nothing in this Secueiry[natnsraent shall canstltuze a comsnitment to make additianal er.
<br /> ---- futute loans ar s.dvaaces ia aay amount.Any sush comanitntar,t rssust tr.a�rc�d to iti a se�arate writing.
<br /> -��� C.All other obli�ations Ciran2or owes to ixnder,whlch may latet nrt:�,to ihe r�tcnt aot pralu'bited by law,including,
<br /> � �'�4 �.' but not limited to,liabilitIes for overdrafta rctating to any d^.posit rscaunt agrc�metu tsetween Graator and Leader.
<br /> • � D.All additional sums advanced and e enses incurred by Re�eticiary for inuuring, re��rving or othernise pmteain�
<br /> �p ses
<br /> �, � th.e property and'us value and any otfier sums advances]un�expe,�scs fncurnd by eneficlary undsr the tc�,�of this
<br /> >:•.: � Securiry Insttument. ' =
<br /> ,<,�,,�;�,. �
<br />- C.i�:yCr'( _.
<br /> '_"_�.�.4�t�'•�--_i ._
<br /> � Ia tfle e�eat that Le�der fails ta pra:r:de:.ay��a�ty noilcc e!t�r r��ht of ressission with cespect w aay a�f:iticnal �::.
<br /> ' � indebtedne.ss sewred under para,graph$of this SPCnon,I.endcr wa�vc»any cubseguent secuairy interest in the GranEOr's
<br /> � �•�•,.��; princigal dwelling tltat is created by this SecurIry instrument (but doss not wnive the seaurity interest for the debts �_=
<br /> � ' . � refereuced in paragraph A of this Section). _
<br /> ,;��;�j f�. �� :, Y�EID OF TIt[JST C6VENANTS. Trustor a�es that the covenanta in thls acstion cue matednl obllgations uader the
<br /> ,�;�n : _ �ss�ural Bebt and chis 3�uriry Insuument. If Tnutor breaches anq covermnt in this sectton. Betteficlary may refu�to
<br /> •�•,•� • make addirionai extensions of credit and re�luce the credit li�it.By not eaersising either r�medy on Trustor's brc�h, ___
<br /> • � Benr:ficiary doss not waive Beneficisry's tight to later consIder the event o breasb If[t h�ppens ngaln. --
<br /> . � � -
<br /> � ,,_' Ff�yments.Trnstor agre�s that all payments under the Setured Debt will be patd when dae and in atcordance with th� _-
<br /> � ' . :i: c.�°-a�s of Ihe S�cuted Debt and this SecurIty Insuument. �
<br /> '�����"' �or Sccuritp Interesis.Wich regazd to aay other mongage. eed of uvst,eecud n txment a�othar lten docna�enc that --
<br />_ ....;�;;�:;��:�:�.� d tY 8� =
<br /> • cr� a prior s�uriry interest ar encumbraace on tt�e Prapert3►�Trustor agrecs tv mukc all paym�nts when due and t� _
<br /> . . ' perfor�or comply vnth a�l wvepaats. Tnutor also agrees not to allow ntty moAificatio�t ar extcnsian of.nor to ceques! --
<br /> any fn3ure advaace,s under any note or agre�ment secured by the liea document wlthout Beneficiary+'s prior emttea
<br /> ' . approval.
<br /> , ,' . ..' ,
<br /> .._ . -�,1-:.-,;.... Cla3ms A�atnst TI41e.Trus[or will pay all ta�ces(including any ta�t susessed to this DeGd of Trust). nssessments.liens,
<br /> • ���'' '' eacumbranc�. lease payments, grovad rents, utillties. aad oth�r charges relattag co the Properry when due.Beneficiargr
<br /> • � ,�'�,, . � may rec�uire Truswr to pmvlde to Beneficlary copies of all notlr.�that such amounts nre due oncl the receipts evideacing
<br /> Tcustor s payment. Trustor a►ill defend tiUe to the Praperty against anY claims that would impnlr tho Iten of this Securtty
<br /> � . '.�, I n, ,•,, n t, T n i s t o r a g r e e s t o a s s ign c o B e n e fi c iary. a s re 9uested b y Benefici a ry. an y ti g bts. clatm�or defenste Trustor
<br /> may have against parues who supp l y labor or mat e r ials to maintain or improve the Froperty.
<br /> � •;�;>�I�'�� ir'.�perty Condition,Alterattong and Ias_ysection.Trusror will kcep the Property in gaod condttion nn�makc all regairs
<br /> �''���' ' ��t are reasonably necessary.Tnutor sh�ll not commit or altow eny waste,impairment.or detstloratian oi the Propeny.
<br /> �� - " inissor agrees that the nature of the occnpancy and use will aot substantially cht�ge wI�iaut Dencflcinry'syrior wrlttRn
<br /> .. , conseat.Tr�stirTnisto=mll aot�yBene��ci in of all demaads pc�irocxcd�ga clatm9 and aMtioni ngalnsq r uc,tor �and of
<br /> °-,k•• • written consen �Y azY
<br /> '=�:�.;�,':::`,` any loss or dam�ge to the Property.
<br /> � • Beneficiary or Ben�ficIary's agents may,at Beneficiaxy's option,enter the Pr�perry at any reasonnblo ttmo for thc pairpor'e
<br /> •;;�;�,a of insgecsing the Property.�Eneficiary shall give Trustor notice at the time of or before an ina�cctlan epccCfY g a
<br /> _�{,:,:,''", , reasonable�purpose for the�nspection. My inspecsion of the Praperty ahall be entirely for F3eneficiary's bcnefit and
<br /> :;;_;.:�:,.,s�-� . Trustor wili in no way rely on Hen$ficiary s iaspectFon.
<br /> '-.y��•�uvr.y��
<br /> -_— ys.i .�.-.
<br /> _-�i�',J��;:�.;:�'� Authoa�Ity to YerPorm.If Trustor fails to perform�ny dury or any of the covenants cantnined in thle Sssurity inetre�msnt.
<br /> ry"-��';�.;�� �d� �,�eficiary may,without notice,perform or cause them to be gerformed.Trustor apoints BeneAcl rts t�torney in fart
<br /> �':�,'Y:'Ao�i��i�G� t
<br /> _y rt�' � . t.�sign Tnutor s name or pay aay amount necessary for perPormaac�. Benefic�ary'spright toperform or Tn�9tor ehaU not
<br /> �'"� ?�-yi� cr�te aa obligation to pertorm,and Beneficiary's failure to perform will not preclude anafictary frotn exerci�ing aa�y of
<br /> ``}<` F;:�eF�sn�'s�her righta under the law or this Secucity Instnuaent.
<br /> :.�.�;:� .. �
<br /> 1 ';�•���," E.ea�er�!�:;�andomini�s;Planned Un[t Developments.Truetor agrees to comply with tho proviitons oY any tesse if
<br /> '�'�'�'���5��`� IYILS S�C'33:�.y Instrument is on a leasehold.If the Properry includes a unit in a condominlum or a p7enned unit development
<br /> `"" -y'. � ' ' e r.:;staz arill perform aU of Trustor's dudes unde�the covenants,by-laws,or regulations of the wndominlum or pIu►nea
<br /> :�'�JsTM�;;;;� �::daveto��ent.
<br /> ....���.ii..ih �
<br /> �I}J... .. . �� .
<br /> i..:.,., . .y. . Coc�zmnation.Trustor wiU give BeneficIary prompt nniice of any pending or threatenca mtivn, �y q►rivnto or ubl e
<br /> entitI�to urchase or take any or all of the Property through condemnation,eminz�nt domaln.or nny oiher mc�rn.�rustor
<br /> > " '• ;� �;�qzizes�eneficiary co intervene in Trustor's nams in any of the ubove dessdbed ections or clolms. Truator n��1Qn�to
<br /> ' .�. .� ��aefi:iary the proceeds of any award or clsum for damages conaected with a wndemnation or o t h c r t n k i ng a P o l l u r a ay
<br /> ������i' �� ,;,-t of the Property. Such proceeiis sha11 be considered payments asid will be appfied as provlded in ihts Scc,urity _
<br /> '�r��;'� ' '� '.;-*.,,-uu.,`ent.This ass�gnmenc of proceeds is subject co the terms of any prior mongage,deed of tr¢st,ecsurity a�reentent ar
<br /> � . ,��'.• •: �;i:r li�n d�LVment.
<br /> �` `, Y�-�:,ura�.:e.Tnascor shall keep Pcoperty insured against loss by fire, flood cheil and other hazard�uad riek� ��et�naUfy
<br /> ., � �. �'•. ,�.:sociated with the Property due to its type and location. This inswance s�all be malnt�irtu!In the amounts uttd for Ih�
<br /> ��'�'.%'��'"", ' ��f� �^P-iods that BQneficiary reguires. The insuraace carrier providing the insurunce ahall be chosen by Trustvr�ut�ject tn
<br /> 'c:�':��i.�r= . 1:.,:z�e'�ciary's approvxl, uhuh shall not be unmasonably withheld. if Tcustor fails to maintaln the covera�o de�cdtsed
<br /> _'�'�•-;;��•;�. � • :�,��,e, gs.:��,ary may, st Beneficiary's option,obtain coverage to protect BeneRcinry's right�in tho ProDeny acc�rding
<br /> �' t�•.*�:terc�;��i»is S�cirry Instrument.
<br /> ' . ' �,;�. —
<br /> � ' AIi i�,::r;re palicies�s:3 nnewals shall be acceptable to Beneficiury ond shall lnclude a su+rtdud"moatBAge clnusr"m►d. =
<br /> `.`.;:s:;��:•� , �t•;:ere applica6le, "loss �s�;�e_clause."Trusror shall immediately notify Beneiici�uy oY caticcllation or tcm�irtatlon of�ha �
<br /> �`�tr`;• i�.surauce. Benefici �s�!t szave the d t to hald the policiea and reaewals. It&neficiary require�, Tru�tor eh�ll
<br /> •'�''.`� � .�ruuediately g�ve toyBeaeficiary all re 9septs of pa�d prem�ums ond renew�il Rotices. Upon lass, Trustot ehall givc �
<br /> . im=::diate notice to the insurance cFUrier and Beneficiary. Ben:flc3nry may make pmof of loss IP noi m:uic immcdlo►ely by �
<br /> � Tru3t4r.
<br /> UnIess othenvise ageed in rmting,all tnswance praceeds shnll6e applied to the restoration ar rep�lr oP the Pra�ccrty or to ''
<br /> r:�Secured Debt. whether or not then due. at Benefici�yr's opdon. My applicadon of praceeds to �rincln�] shtdl nt►1 �,
<br /> � e�t h e T r n s o r�I f t h e P r o p�t i s a c q u i r e d b y�B e n ea y ment�T r r i i s toi s d�t t o a n y i n sv�rn�nuy ojicic9 un�leiacccd��bc Di��g _
<br /> erty R ary �
<br /> � from dac3.r�::�the Prope r ry before the acquisition sh a U pass to Bene�c inry tn the extent o�the Sccurcd�ebt immct l inic ly �
<br /> bafore tke�::::isation. p,aas a a�a�
<br /> �., _
<br /> - � �19946�at�95•�acmf.InC..St.CIOUO,lAH fOtmOCP�REOT•N°_ 10l//98 "—^" " ' —
<br /> i
<br /> °.�4-_-.... _-1, _�^rtx.u�?�a -
<br /> .. �t i �
<br /> �.
<br /> � � .
<br /> _ � i
<br /> _ : ,
<br /> � _ __
<br /> i -- -
<br />
|