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202505117
<br />RELATED DOCUMENTS. The words "Related Documents" mean all promissory notes, security agreements,
<br />prior mortgages, prior deeds of trust, prior deeds to secure debt, business loan agreements, construction loan
<br />agreements, resolutions, guaranties, environmental agreements, subordination agreements, assignments of leases
<br />and rents and any other documents or agreements executed in connection with this Indebtedness and Security
<br />Instrument, whether now or hereafter existing, including any modifications, extensions, substitutions or renewals
<br />of any of the foregoing. The Related Documents are hereby made a part of this Security Instrument by reference
<br />thereto, with the same force and effect as if fully set forth herein.
<br />INDEBTEDNESS. This Security Instrument secures all amounts, subject to any limitations as to the maximum
<br />amount which may be secured as contained herein, as may be evidenced by a promissory note or notes of even,
<br />prior or subsequent date hereto, including future advances and every other indebtedness of any and every kind
<br />now or hereafter owing from Grantor to Lender, howsoever created or arising, whether primary, secondary or
<br />contingent together with any interest or charges provided in or arising out of such indebtedness, as well as the
<br />agreements and covenants of this Security Instrument and all Related Documents (hereinafter all referred to as the
<br />"Indebtedness"). Without limiting the foregoing, Indebtedness expressly includes the following:
<br />Promissory Notes. The principal amount of $574,927.48 evidenced by two promissory notes dated
<br />September 12, 2025, made by Grantor, payable to the order of Lender, and all interest, charges, and other
<br />amounts which may be or may become owed as provided under the terms of said promissory notes, and any
<br />and all amendments, modifications, renewals, extensions, reamortizations, or substitutions thereof. The
<br />promissory notes, if not paid earlier, will mature on September 12, 2043, unless renewed or extended or the
<br />maturity date is accelerated for any reason.
<br />Protective Advances. All amounts advanced by or on behalf of Lender, its successors or assigns, to
<br />preserve or protect the Property or fulfill any of the obligations of Grantor, under this Security Instrument or
<br />any of the Related Documents, including without limitation, any protective advances made with respect to
<br />the Property for the payment of taxes, assessments, insurance premiums, costs incurred for the protection of
<br />the Property and other costs which Lender is authorized by this Security Instrument or any of the Related
<br />Documents to pay on behalf of Grantor.
<br />Cross Collateralization. It is the expressed intent of Grantor to use this Security Instrument to cross
<br />collateralize all of its Indebtedness and obligations to Lender, howsoever arising and whensoever incurred.
<br />Future Advances. To the extent permitted by law, this Security Instrument will secure future advances as if
<br />such advances were made on the date of this Security Instrument regardless of the fact that from time to
<br />time there may be no balance due under the note and regardless of whether Lender is obligated to make such
<br />future advances.
<br />Maximum Amount Secured. Notwithstanding any other provision of this Security Instrument, the
<br />maximum principal amount of Indebtedness that may be secured at any one time is $574,927.48.
<br />MATURITY DATE. The Indebtedness, if not paid earlier, shall be due on September 12, 2043.
<br />WARRANTIES. Grantor, for itself, its heirs, personal representatives, successors, and assigns, represents,
<br />warrants, covenants and agrees with Lender, its successors and assigns, as follows:
<br />Performance of Obligations. Grantor promises to perform all terms, conditions, and covenants of this
<br />Security Instrument and Related Documents in accordance with the terms contained therein.
<br />Defense and Title to Property. At the time of execution and delivery of this instrument, Grantor is lawfully
<br />seised of the estate hereby conveyed and has the exclusive right to mortgage, grant, convey and assign the
<br />Property. Grantor covenants that the Property is unencumbered and free of all liens except for encumbrances
<br />of record acceptable to Lender. Further, Grantor covenants that Grantor will warrant and defend generally
<br />the title to the Property against any and all claims and demands whatsoever, subject to the easements,
<br />restrictions, or other encumbrances of record acceptable to Lender, as may be listed in the schedule of
<br />exceptions to coverage in any abstract of title or title insurance policy insuring Lender's interest in the
<br />Property.
<br />® TruStage Compliance Solutions 2004-2025 0a1 a4f51-4794bb38 -2025.76.9.7
<br />Page 2 of 9 Commercial Real Estate Security Instrument - DL4007
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