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<br /> Uniesn utherwtse ap�ccd in writina�nll Inauruncc pmceeci�eh�+ll l�e Applied tn the ecatorntlon or rcpuir of tha Property or to �. ,
<br /> the 3ecured Dcbt,whether ar nat dien duQ, ut fienatialnry's apttan. Any applicutlon oP procceda ro principal ahnil not
<br /> oxtend or�tostpane the du�dnte of the asl�eduled pnyment nar chimao thc�nmumit of nriy puyment. Any cxceas wtll be�nid
<br /> to tho tlrnntor. lf the ProgeRy is ucqu�ired by Haneficl�uy,Tr tcOto�r�n�ph'toTO����x��n��o�Phoc3cGUred�ebt iannicd atcly '.��{,
<br /> from dntnnIIe M the Property 1►ofare ihc ncquiaitlon sbnll Nnss fta ty .
<br /> • • before thc acquisitton. ��:,-�`-'
<br /> � 20. ESCROW TOI�TAXE� A1�ID IIo1S[JIRAAICE. Ualos� otlianvisa pro«ida! in n scpnrate ngreement, Tnutar wUl not be —=�r
<br /> �.�:1�;�. requlred to pay to Heneficiary flutds for tuxes and tneuranao in escrow. �i��';,-
<br /> �, r p upon re ueat. any �;,:
<br /> � �• 21. FINANCIAI.fltEROAT� MID ADDITIONAL DOCL�IV'rS. Truetoc wfll� rustor a to BeneRc�faryd ver�and ftle any
<br /> ° tinaaeial statemeat or information Beaeficiury may deem ceusonnbiy neceest►rry.T g�ees to si n, el[ ��;;,
<br /> . obl gations unde�r tl►is S�udty l�nstcum ne t cBuid B n6t�icfnmryYs tien s atus on�t�ptr�openy t,continue.and preservc Ciraator s =-- ..
<br /> � ' 22. JOIIVT ANn INDIVIDUAL I.IABII.ITY CO-SIQdW��S; SlJCC�SSORS APID ASSI�N�BOUND.All duties under M�__...
<br /> .� this Securlry Instmment are joint and indiv�dual.If Trustor si�ns thi�S�.curlty Instnimeut but does not siga an evidence of �;,.-..
<br /> debt, Trustor does so oaly to mort�z Ago Tru�tor's interest in tbu ffm e to ser.ure payment of the Secured Debt And 1
<br /> �� Trustor does nat ngrea•to be personally tinble on the Secured Debt_ f�c�f�ecudty Tnstiument secures a guaranty between
<br /> Beneftciary and Trustar,Trustor agrees ro waivo any riIIrts�hat may p�vent Beneiiciary from bdnging any action or claim ei._`��~
<br /> ��-� � utipn. These ri hts ma lnclude, but are not Iimlted to. any —
<br /> a�aiast Trustor or any party lndebted undor cha obl' 8 Y
<br /> ,, ,� anti•defictency or oAe-action luws. Tcuator egree�that!�+�ncficiary and any party to this Securiry 1nstrument may excend.
<br /> ; modify or raake any chaa�e ln the t rnfr►s o�f�he�e�Q�this�eci.riry Rnst�r menaeThe duica ead beneft�of this S�e�surity --
<br /> � �•. Such a change�vitl not releASe Trusta
<br /> • Instrument sha11 bfnd and b�nef�t the suc¢essors and assi�s of'Ptustur and Benefictal.
<br /> Qi�y�'=`r:
<br /> °� �;:�;t� 4� 23. Afl'PLICABLE LAW SEV��tAZiI1.ITYt����A��N.This 5ecudty Instrument is goveraed by_tbe laws of the �:..
<br /> �.�'�••<<'���'"�••�' juriadlctton In wbich�eneficlary ia located,except to the�ext:nt otherwise required by the lavra of the Junsdiction where
<br /> �;<'j�'-��;� the Properry is located. Tbis 5ecurfty Inairument is tom lete and ful�y integrated. �'hfs 5ecudty Instrument may not be �,__:
<br /> ' amended or modified by oral agreeraent. Any acction i�n�is Securicy Q�nstrumenc attachments.or any a�rcement relaced to
<br /> the Secured Debt that conflicta witU applicsble lnw wlll not be effe�ive,unless t�at law eapressly or implledly pe�t��b�s ----
<br /> .�� • variations by wrttten agrcemeat. If any saction of this Security Inauua�eat cannot be cnfoxced according to Its that
<br /> ;,;,;�)� s e c t i o n w i l l b e s e v e r e d a n d w l l l n o t n f i e c t t h e enforceabilit y oY�he remainder of this Security Iastn►ment.Whenever useii.
<br /> ':�r;'�°f: the s�agular shall include the plural and the pliutd thc aiagul3r.T he capt lons an d hea d i a g s o f t h e�e c t i o n s o f t h i s S e c u r i ry
<br /> lnstruraent are for comenience oniy and are not to 0e usecY to interpret or define che terms of thla �CUrity Instrumenc.
<br /> - - � � T3me!s Qf�!+A!��en�e In�his Securi�v Iastn�mant. ,
<br /> : �
<br /> 24. SUCCE330IIt TRUSTEE. B�noficisuy, at&sneficiury's option, mAy frosn tfine to time remove Trustoe and appoint
<br /> � succe.ssor uustec without nny other formoliry than tt►e deslB�n�n�tCBOn`Ainfe rri�u neTius�by t�his�QS�ecur�lty Instnr�umysn uad �
<br /> � the pc�perty� shall aucceed to all the dtle, powar and d Po
<br /> _ .. :�f , APPlicuble law.
<br /> �� 2S. NOT�CE.Unless othorwise required by law nny nottao ahull be given by delivering it or by mailin�it by fuat class mail
<br /> , to the appropdato pa�ty's address o io be npiice oinll t�rus�t�Instcumenf. or to any other address designated in welda8•
<br /> Notice to one trustor will be deemed
<br /> � .��° -W� 26. WpIV�1tS. Sxcept to tha eatont prohibited by luw. Trusror wuives nii appruisement and homestead e�cemption rig,hhta _
<br /> . � relating to the Froperty.
<br /> =_.,.,, ,.:;_,' 27. OTHER TEEdMS.If checked.tho following are npplicable to this Secuctty Instaument:
<br />-.�:,::,.�.,.,, �.:.,
<br /> _�;,,,;;,,,,;,,, ❑ Llno of Cr�dtt.Tha Secured Dobt i»cludes a revolving lino of credit provieion.Although the 3ecured Debt may —
<br /> ,,„r : reduced to a zero bulance,thlo 3QCUrlry Tnstrum�nt wiU rematn In effect until released. _
<br /> : =•�z ❑Con..t�cttan Los►n.Tbf�Secudty Instrumunt s�cures an obligadon incurred for the construction oi an ic�rovoment
<br /> ; �� on the Propony.
<br /> ' '�;�', p FixtuxE Ffling.Tiustar gcante to Benet3eiary a security interest in all IIoads that Cirantor owns now or i:t the f�ture -
<br /> � �• aad that are or will becoma fL�cturea related to the P�npecty• 'fhis S�curiry instcument auf8ces us a flnaacing
<br /> -�``�� , �� stntomant And any curbon�photographic or other reproduction may be flted oE re�ord for purposes of Article 9 of tho _
<br /> . .,�-.
<br /> " . : Untform Comme�i�t tk►do, __
<br />___ �"`'r`� ["J Etldee�.Tho cov�nonta�nd agteements of each of the dders checked below are ircorporated into and supplement eutd
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<br /> ° amond tho temus of tht�Seeuriry G�suument.�Lheck Nf appticc�ble boaexj �
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<br /> •�..' . ,,_, '• � Cl Candonniuium Rider ❑ Planned Unit Developtnent Rider Other..................................................
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<br /> . . *. ❑ Addl4Conal Ter�no. _--
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<br /> ,._ �, ; � SH�3VATURES:By si$nin�3 befow,Tru.gtor aBrees to the terms and covenants contalnec!in this Secudty instcwtunt a�td in any �:,.;
<br /> � '�� � - attachmenta.Trustor Wso acknawledges receipt of a copy of thls Secudry Inatrument on the date atated on page 1. �_.;
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<br /> �� ::5� . � (Slgnxtu�YUE K�90RE�TSF�T (Uate) (SlBnnfu�o)DE�RA K�90�t �1�
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<br /> �. ,s,; ACKNOWL�ID�MEIVT:
<br /> :.,, �• .; COUNTY O��9M��'�`1.......... .......}ss. .
<br />• . , „ . 3'T'ATB OF��................................. .�5�...����......
<br /> ; ,:,, nm�.+��� This inatrumcnt wAS�cknowled��d before me this ......!���......��da of......... ............•...•
<br /> - . .... by 4�X��r..K.S9#iF+��1.,�?..�?�.7�.a . .� . ...F.�.h� ............................ . ,,
<br /> � My commission expires: �
<br /> . .. � .. ............:�p!!��!-r-t.�.r......�o,, �........... �.
<br /> � (Nolo Pubticl
<br /> - - � fpngo 4 0141
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<br /> PAJILTW.IlY11Y� R��o��
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