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202303586 structures, fixtures, and replacements that may now, or at any time in the future, be part of the real estate described above (all referred to as "Property"). 2. Maximum Obligation Limit. The total principal amount secured by this Security Instrument at any one time shall not exceed $380,250.00. This limitation of amount does not include interest and other fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this Security Instrument. 3. Secured Debt. The term "Secured Debt" is defined as follows: (A)Debt incurred under the terms of all promissory note(s), contract(s), guaranty(ies) or other evidence of debt described below and all their extensions, renewals, refinancings, modifications or substitutions. The promissory note signed by Richard G Mays and Betty L Mays (the "Borrower") and dated the same date as this Security Instrument (the "Note"). The Note states that Borrower owes Lender Three hundred eighty thousand two hundred fifty and 00/100 Dollars (U.S. $380,250.00) plus interest. Borrower has promised to pay this debt in regular periodic payments and to pay the debt in full not later than June 1, 2024. (B) All future advances from Beneficiary to Trustor under the Specific Debts executed by Trustor in favor of Beneficiary after this Security Instrument. If more than one person signs this Security Instrument, each agrees that this Security Instrument will secure all future advances that are given to Trustor either individually or with others who may not sign this Security Instrument. All future advances are secured by this Security Instrument even though all or part may not yet be advanced. All future advances are secured as if made on the date of this Security Instrument. Nothing in this Security Instrument shall constitute a commitment to make additional or future advances in any amount. Any such commitment must be agreed to in a separate writing. (C)All present and future debts from Beneficiary to Trustor, even if this Security Instrument is not specifically referenced, or if the future debt is unrelated to or of a different type than this debt. If more than one person signs this Security Instrument, each agrees that it will secure debts incurred either individually or with others who may not sign this Security Instrument. Nothing in this Security Instrument constitutes a commitment to make additional or future loans or advances. Any such commitment must be in writing. (D)All additional sums advanced and expenses incurred by Beneficiary for insuring, preserving or otherwise protecting the Property and its value and any other sums advanced and expenses incurred by Beneficiary under the terms of this Security Instrument. 4. Limitations on Cross -Collateralization. The Security Instrument is not secured by a previously executed security instrument if a non -possessory, non -purchase money security interest is created in "household goods" in connection with a "consumer loan," as those terms are defined by federal law governing unfair and deceptive credit practices. The Security Instrument is not secured by a previously executed security instrument if Lender fails to fulfill any necessary requirements or fails to conform to any limitations of the Real Estate Settlement Procedures Act (Regulation X) that are required for loans secured by the Property or if, as a result, the other debt would become subject to 10 U.S.C. 987 (the "Military Lending Act "). The Security Instrument is not secured by a previously executed security instrument if Lender fails to fulfill any necessary requirements or fails to conform to any limitations of the Truth in Lending Act (Regulation Z) that are required for loans secured by the Property. 5. Payments. Trustor agrees that all payments under the Secured Debt will be paid when due and in accordance with the terms of the Secured Debt and this Security Instrument. 6. Warranty of Title. Trustor warrants that Trustor is or will be lawfully seized of the estate conveyed by this Security Instrument and has the right to irrevocably grant, convey and sell the Property to Trustee, in trust, with power of sale. Trustor also warrants that the Property is unencumbered, except for encumbrances of record. 7. Prior Security Interests. With regard to any other mortgage, deed of trust, security agreement or other lien document that created a prior security interest or encumbrance on the Property, Trustor agrees: (A)To make all payments when due and to perform or comply with all covenants. (B) To promptly deliver to Beneficiary any notices that Trustor receives from the holder. (C)Not to allow any modification or extension of, nor to request any future advances under any note or agreement secured by the lien document without Beneficiary's prior written consent. V01.1.1.29294 Deed Of Trust Closed End -NE ® 2023 Wolters Kluwer Financial Services, Inc. 05/2023 All rights reserved. 23.2.0.5043-J20230512N Page 2 of 7