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<br /> ^ ��r Unless aDhenvisc ng,rced in weiting,all insiirancc procceds ehall bc oQplicd to thc restaration or tepair of thc Praperty �'".
<br /> ar ta tbc Scrurcd Dcbt,whethar or not thcn duc,nt L.cndcr's opttun,Any Applicatian ot procecds to principal Khall not
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<br /> . • extcnd ar postpune tho duc dnte of the schcdulcd puymcnt nor changc the umount oi any payment.Any cxcess will bc ��T-
<br /> p�id to tho Cirnntos�.lf It�c Peaperty is scyulred by I.endcr,�rantar's ri�ht to any insurance policiea and pror.�eds '-
<br /> � , ��� ; s resultin�ir�m damagc to the Propesty bcfaro the ucquisition ehull puss ta[.ender w the cxtcn�af the Secured Qebt �.:
<br /> - ' immediatcly beforc thc acquisition.
<br /> �;�," '*�� TA. C;3C@dOii+ir'U�t 7i�S(It:S A1�ID➢PI$QJft�IY�.Unless otiieiwise providcd tr►a sc�ate agcecment,Orantor 1vlU not �*�-�-
<br />-��"-�� bc reyuireci W pay to i.ender funds for taxes und Insurance in eacrow. -`
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<br />-:..„,,�:.•rq¢�� 21. I7N�►I►ICIAL[�GP'aR'Y�A1�Jl1 ADD!'d'IONA�,DOC�JINEPIT§-(3rantor will provide to I.ender upon request,any __
<br /> ^ finuncial statement or information Lendar may deem rcasonably pecessary.Clrantor agrees to sjgn,deliver,and file _
<br /> � any additional documents or certifIcattona that Lender may consider necessary to perfect,continue,and preserve d.;
<br /> (3rantor's obllgatlons under thts Security Iastrumept and L.ender's lien status on Wc Progerty. �:-_
<br /> � 22, JOYNT p1�ID IIRII��'/�bJAY,bIA�3HLl['�';CO•3IIGN�1dS;SUCCE�30RS�11M AS4IGN3 BOUI�.All dutles �-
<br /> ., � under this Secur[ty Instrument are joint and individual.If Cirantor signs this Security Instrument bat does not sign an
<br /> . � �.. evidenre of debt,Grtu►tor doea so only to mortga�e aramtor's interest in the Property to secure payment of the
<br /> � Secured Dcbt cu�d Grantor dacs nat agree ta bc personnlly liabte on the Secured Debt. It this Se��arity InStrument
<br /> secures a guaranty between L.Qnder and Orantor,C3rantor agrees to waive any rights that may prevent Lender from
<br /> � b7iJ1��Blly Q�iIOA OY CI�IT18g8111tiL GPBIItOf OI i�y party indebjed under thc obl9galion.These d�htx may include,but
<br /> are not lienited tq anY anti-de6ciency ar ane-actioaa laws.Ci�ntcir agrees chat Lend�:r rmd any paxty to thls Securlty
<br /> -.� - • , Instn�mcnt may extend,modify or make iu►y cl�ange ia the terms of tbis Security Iastrument or any evidence of dobt -u-
<br />�:,,f;,;,�.•;�� without Graa4�r's cons¢nt.Such u ch�nge wlll not telease Grantor frotn We terms af th�Securlty Instrurr4enk TiYa -_
<br /> ,`(,�{�s��.�� duties and benefits of thls SecurIty Insm�ment shnU�S�nd and benefit the successors and ass3gass�f Grantor and,L.onder.
<br /> �;� �J�•rt:��.�. , ?�, R.P1PLICABLE LAW;���lE�BIL11'Y;INTEl3�'fft�3'A7I'IO1V.This Security Instrument is govemed by the laws of �,
<br /> ��'" "� the jurlsdlcdon ia w6ich L,ander is located,except to the extent othenvise requfred by the laws of tbe jurisdiction -
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<br /> _` ` '�°"'�' where the Property Is located.'1�►is 3ecurlty Instrument is complete and fully integated.Thia Secuclty Instrument may
<br /> �.� not be amended or nioBi�ed by oral agreement. Any section in this Security Instrument,attachments, or any _.
<br /> agreement rclated to the Secured Debt that wnfliats wlth appltcable law wflt not be effect�ve,unless that Isw expressly
<br />- �°r,�u or impliedly permits the varfations by wdtten agreement.If c►ny section of this Security lnstrument rmnnot�o enforcr.d
<br />__�_„�;•�= according to lts terms,that secticm will bc eevered and will not utfect the enforcenbiitty of th�rematnder of tt�is
<br />_`��?`+�� Security Instrumcnt.Whenev�r used,thc singulsr ahull include the plucal and the plural the singular.The caption�und
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<br />---';,��� hcadin�s of thc sectians ot thfa Sccurity Instrumcnt arc for convenicnce only and aro not to b3 uscd to nterpret or
<br /> ==='-�� define the tem�s of 4hla Secudty Instrument.Timo is of the essencc�in thia Securlry Instrument.
<br /> -�-_-^- "�� 24. SUCCESS�R'�RUSTEC.Lendcr.at I.cndor's opttun,muy from timc to timc ramovc Trustce und uppoint a
<br /> �:''-:~� euccessor trustcc without any othcr formality than tlic d�signuUpn i�wdtln�.Tltc auccesflor tru3tee.without
<br /> -T_� c�nvoyaace of thc Property,shnll succeed to all the Utle.pawer nnd duties wuferrcd upon Trustce by thia Sccu�ity
<br /> Inatrwnent end appllcable la�v.
<br /> s,:.Wm�� ?S. NOTICE.Unless otherwise required by lnw.any aodce shal!bc given by dellverin�it or by mnlling it by iurst cluss
<br />�r��;�� aieil to ehe apptapriate party'e address on page 1 of tlris Secudty Iastrument.or to any other address desinnutcd in
<br /> ___��� un9t3ng.Notice to ona grAntoz will be deemed to be not�ce W all grantors.
<br /> .:��:_;�,;� ZG, WAIIVE�.Exceprt to the exten3 prulilbited by law,Grantor weives all appraisement and homestead exempticsn rSghu►
<br /> �,-,.,,�� relatinII to the Proportp.
<br /> °'�°°�� Z'l. OTHLR TCItMS.If checked,the followin�are appGcable to this Security Instrument: _
<br /> :;�1� ❑ L�1ae os Credi�The Secured Debt includes a revolvin�line af credit provision.Althou�h the Secured Debt
<br /> - ;�.,� may be reduced tp.�zero balence.chis Security Instrument will remui�.in,�ifect until released.
<br /> `` ❑ Conat:action Lnnu.This Securlty Ipstru�cnt secures an obli�ation dnc�ncd for the construztion of oa
<br />- -- improvement on the propeety.
<br /> "_ ❑ Flixtore�ildng.Grantor grantq�a I.endcr a secudty interest in all�onds that Gra��tor owns now or in the
<br /> future and that affe or wUl become Cixtnr�s aelated to the Property.Thts Security Iastrument sufb'ices a�a
<br />-�^;:`�,,� futanctng stutement and any carbon,photo�saphic or other reproduct3on may be Cled�f record tor purposes -
<br /> _ - - of Arttcle 9 of ihe Unitorm Commcrcial Cade. �--
<br /> `V L7 �tdai�rs.The covenants and a�reementa of each of the ridera checked belaw are in�orporuted into and
<br /> ---- -= s�;p1ement and simend the terms of this Secudty Instcument.[Checic t�U applic�bie boxes]
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<br /> :..�-..�- C!Consla�a.�srs P.ider ❑Pl,.aae� ..n�t�ev---�+!n_n_Rl�er _ .................................................
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<br /> ����^`,' SEGNAI'[118FSs By sIgnin�below,C3rantor a�ees to the terms and covenants contained in this Security Inswmcnt and in _�
<br />-.::,,.=4,�_ any attachmepis.Grnnror eLso acknowlcdgcs rcceipt of a copy of this Security Instrument on thc datc sWted on pago 1. . .
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