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202402371 persons a fee for reconveying the Property, but only if the fee is paid to a third party (such as the Trustee) for services rendered and the charging of the fee is permitted under Applicable Law. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded. Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties conferred upon Trustee herein and by Applicable Law. Request for Notices. Borrower requests that copies of the notice of default and sale be sent to Borrower's address which is the Property Address. Construction Fixtures. This Security Instrument shall constitute a security agreement as defined in the Uniform Commercial Code (the "Code"), and Borrower hereby grants to Lender a security interest within the meaning of the Code in favor of Lender in all of Borrower's now owned and hereafter acquired goods, building materials, supplies, inventory, equipment, accounts, contract rights, instruments, documents, chattel paper, general intangibles and personal property located at, upon, or in any way related to the construction of improvements or the development or use of the Property. Additionally, this Security Instrument is a "construction mortgage" as this term is defined in the Code because it secures an obligation incurred for the construction of an improvement on land. Lender shall have all of the rights and remedies provided by the Code, including the right to file any financing statements required under the Code and the right to proceed under the Code provisions governing default as to any personal property separately from the real estate included herein, or to proceed as to all of the property included in the Property in accordance with its rights and remedies in respect of said real estate. BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in all pages of this Security Instrument and in any Rider executed by Borrower and recorded with it. es DA! IFaL BTEN ki 2004-2022 Compliance Systems, LLC 490ece3c*a0761fc0 - 2022.71.25.2 Consumer Real Estate - Security Instrument 9L2036 Page 0 of 9 www.comptiancesystetes.com