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<br /> � •�., .r�yt�r IIfl�E.•.�Gg�g�►�jY�Of Q�1CT��EI1QE Of dC�it P.IICCUi2d�1jI CslBIItOT�11�SVSVOr Ot�.CII�ET 8E�G1LC�BftCT�S ��.i ,,
<br /> < �� : Sew�ity ta�tn�eat whether or aot this Seauity,tnstrmonent is spedSc�RY re f e r e u c e d.i f mare t h a n a n e p e s s o a
<br /> �'-� �' *``•' �4j�jg$�llTj(y jAS�ts�SC�I�tffiWL8�EC9 t�d1 t�S�iS/��11 Nt'U S��TC 81��itlIIC 8dVdllOeS 811� c y .'
<br /> 4_=.`"�` �<. futtafa ai��ga�uns�at are Biven ta or iteauied by�aY one or more Gms�tna.ar any oae or awae Graator atld .-t �`=
<br /> i�.'s- .-z-, �tters.AU�iuure sdvaaoes and at�er Ei�t�ue pbligatfm�are secuned 6y this Sewuity I�tst�ument even tDoug,A aD or
<br /> � �}�ti �� paA�aq aot yet be edvaaaed AD tutttt�a advauces uad othcr fuuue ab�gaiiun9��e�d es�f asa�aa shc dste `°`° V
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<br /> e� ����;tl�.���j9�]O�C�SJ1S3�COASZ1llI1tE 8a0mII�1$AC��LO lmB�C S�111OD� �;�,� ,
<br /> �-� � or fuuuslQans ar adv�es in any am+aaat.My s�cb cammiomeat must be agreed to tn a separate writwg. _Q
<br /> �__�._�-��..�.= � All obligtttianstirantoro�veswt�eader.whlcb may later adse.to the ext�at nofprotubited hy 1aw.induding,but `�. 2
<br /> ' `�",'� �„`' not timited ta ilsbiliSes for over�rafts reladug to ar►g�de:p�tt a000cmt ag�eemeat between Grantor and Lender.
<br /> - � ee �� •_
<br /> � �`a':_ �._ �red bp L�euder€or instuing.Pr�ving or otheswise pmteding
<br /> ° D: AB sd�tioua)smna advanaed and e�s � � .
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<br /> - � '�-� r�- aad ita waiue end auy oWer smns�dvanced aad exgeases incacred by Ixader aader the terms ot
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<br /> �`�R �� �. � PAY14�ii5.Caantor agrees that aIl paymeats under the Secured Debt wU be patd when due aad ia acoardance ,� ,Y�
<br /> _ ;..,-�.-..�}.a. wIth the temis ttf the Sec�d i?ebt aad tt�is�Cauity Iastitam�n�. . �
<br /> , r �•:-� � 6. �VABRAN�'!f OF'ITj'�.L.Giautar warrants ttiae(3r�u�tor is ar wAt be taw�fWIq seLr�d of the�cunveyed by tbis �, ;'
<br /> Seari�g tast�uneat aa�has the rigM to irrevacably gca�nt,canvey.and seII th�a Fmperty 4o Tfastee.in tru�t,with �
<br /> °., . _ `• >; t1�at ttte ts��ateaaunberea.except for enalmbraaces af reoorc� �.�.
<br /> _,t�--:.-`-.:.`'`�}'.. Pawesoisate.(i�antoralsowana�sts �P�Y� . - ��
<br /> �°� ` `� 7 PBIOB SECtJ�Y�V����aap offier m�t�ge,deed af tntst,seauitY a�ee�eat or otiter�en ,�
<br /> __�:.;..<r.,_ ..;_4� � doc�uent ihaitreated a pciorsecArlty interest arencwnbrauce oa the Prapert3►,Crantor agree� � `Y, �
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<br /> �' .�`,`{ ` .�_:. . A. Tomak�aUpaymentswlien aue andto petfarm orwmplqwith atloave�nt4. � F�, ;
<br /> _'���;.. �. - B. To pronnptty deliver W I,eQdtr eay aoricestbat C3raatorreceives fram the holde� � ;,r,
<br />.`:`_°�;��+���:��: - � an mo�oa or eatet�ion o�narw request aay Euiare advances tmder any nate or a�eeiuenl ���--'
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<br /> ,� "`��, ' � seaued bY the lien dacument v�wut Lende�s priorwr�ttea wnsent� =
<br /> :�:G�-� .:,i.�,. 8. Cl.AIl1'ig A6AIIV5T�l'LL CrauWr w7!pary all.taxes.a�ats.liens.encumbiaaces.lease ga7t�eats.g[ou� _ '*t�'
<br /> " ��,:, k � rents.ap'tides,andotherchargessetatiagtothe Properiywben due.Lendermaqreqaice t3taiitorwpravide W I�en�r �_
<br /> _ �:�.��5;;�- _ copiesoi a11 nottces that�amrnmts are due aad ihe reaeipts evideuc�ng firantor's paycneni.Ciraatos wiII de5�ud �4 � �
<br /> ..1,� n� tltte tathe ProPemrag�iasE aaY clalms tbat would iatpa"a We Heu.o�this Seauity Insttusaeat tirantos�to .as��' �, 4-
<br /> � ,r T tn L�ende�as teq�tested by I,ender,aa9 r�gMs.daims a�defenses Grantor may have a$a�nst paiiies ,suppiY . —n_-
<br /> ;,: f:`� arm�terIalsiomaintain arimprave the Properiy. w .
<br /> �...��,`�'.,��-r�` 9. IyiJE�NSAid�:O1tLKCtJMHSANCE.Lendermay,atitsaptinn,deenaretheentirebalaucea�theSecpredQebiW �:�;.-__..
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<br /> ``';'r;,; ' �-t��yrrr•:' D61IGII1CdI8TClJt d1I6 AIId QA�IE 1t�0A tI1C CL681�OA a�or oonuact for the aeattoa�any 1ien.ernannbrance,uaasfer �
<br /> `�: �i�}: . �su to the tesalctians impased bp federa162�{1Z C.F.Ii.,S9l),ag a�gtisa6�e.. , � _
<br /> y r:�• ,., . . . or s�of the Properiy.'I9�r�t 1sje�. � �
<br /> ..` `>� . 11�ia wveaaut s l r�B ran wi t h ttre P m p e s t y and s1�aA remain iu effest uutil the Secxired DeM ss padd iu full and tI� � _�.
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<br /> y� � : Secu�rty Instttuae4t is released. � � = =
<br /> f :. 1� � .�0. pRd1FEB�'Y�ONDY'�'ION,A►t.TEItA'I�ONS AND INSPECT�OPl.Oraator:wIll keep the Property I n g a o d � .
<br /> - �_ , �•� eoa,�avu and a�akce all repairs that are seasonably aeaessary.(irantor sbaR not cammit or allaw aay waste, � ,
<br />_ ` r:,Iry;.: �� � imp�2�nent,or det e r faxa d o n o f t t t e i�m P e rt Y.t�r a n t a r w�1 1 k e e Q t h e P r o p e r t y f r e e a f n a s i o ri s w e e d s a nd g r a s ses. �_= -_
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<br /> ' � (iranto:ag�ees.thai We nat�ue of the occapanry aitd use w�l not substau�iafly.change wtthout Le�eder's priar wrtten �_��-
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<br /> .�, . ,.. conscnw tirantai wiR uot pemdt an}+change m azry�cense,resh�sdve movenapt or easemeat�avt Lender's prIor- - -
<br /> '� , pnriitten oqnSeat.�rantarr wiD ac►sify Lender of all demands.Froceedi�,cIaicus.and act�ons agaeust Grantar;ait0 fif � . _
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<br /> .• � Len�r or�Lende�s agents may,at Leader's opt�.aa.enter�tte FrqpertY at aay re��snab2e tiffie fos the Pv�tse.o� . •
<br /> _ ;�:�; insp�ing Ehe Propetty.Lender aliaU giv�(�ranio:ca�ce at the t�me of or t�aie an i�speetion sDecdryiag a"" - -
<br /> -=_ `^:::_� reasonable pwpose fos the inspeaion.Any ias�ecHon oi the Property shaU be emirety fot Lender's benefri aad --
<br /> :` ��--- , titantar w�t ia no aray selq a�Lender's i�spection. . , ,
<br /> ���:.:_ ._� 1L A137NOR1TY TO PEIdFORA�.If iiruntor tails to pedorm aoy dutY as aup of the.eovenants contaiaed ia.il�is � , .
<br /> � .`�"�� Se�ity instrument,Lender may�witliaut no3ice.perfaria or�use them to be perPormed Ciraawr appoints�iier
<br /> � r�r� as aitomey in fact to sign Cirantos a nam�ospay any amo�t ueces�ary�ar pextarmanoe.Lend.er's�ght to perfa�for . f;�;-
<br /> � �y rs�' Oraator s1�a11 not create an abl'igat�on to peztoma,aud Le�ader's fail�ae to perEmzn wip not preclude Lend�r fraia� �-
<br /> ��,''�� = exerc�ng aoy of Lender.'sother rI$hts under the taw os this Security Iastwttent.If any aonswetla�a`on the Yropesty is -_.
<br /> - disconttnued or nal cazrted on ia a reasona6le manner,Lender mag take ap steps necessary eo proteet Lead�'s � �_
<br /> -..��,�'3�� •� _ _ _
<br /> ,�° security interest in.the Propeciy,inefttdingao�ptetian of the conswettou.
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<br /> . '�= ' 12. ASSIGNM�OF LEA9�AND ItLNi9.Iitantor inevocebly graats,wnveys and selts toTrustee.i»tr�stfattbe � -�
<br /> - '•`, { `,���: :� � beneflt of Lender,as additional securlty all the dght,titte and interest�n and to any and all ex�n�or futare Eeases. ��-:-
<br /> } aub2eases�and any dther written or verbal ageements las the use and acCUpancy of any portioa af the Property � � -"�
<br /> '� � in c iudtn g az ry exteastons,renewats,modIticaSuns os substinstions oi sncb agreements(atl refened to a9"Leases°)and `.-_
<br /> :""� ` � ��rea t s,issucs and protits(aH tefeired to as"Ren�").t i r a ator c u i U�rom p t t y p r a v l d e L e n d er w i t l�t n:e a n d o o r r e c t -�+ -_
<br /> :;,�V,.;_.<,:,��-::,�:�: . capiesofaU��dstjng and futnrc�.eases.�rantorm�yaoltect,recelve..enjayand as�t he Rents so tang as O r a n tor i s ao t -
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<br /> '''. �A{�0�8111111IIa8f itt0 tBfRIS O�l�8��TIIS�CnL i�
<br /> �:;.
<br /> Grantor acgnowlcdgcs th�t th�s assl�at 3�pecf�cted aFon the recnrding�of thts Deed,o i T n�s t a n d t h a t L e n der i s
<br /> �� � {°" entitled W notify any of Qrantas's teaanta to make paymene aY Rents due or���bed�ine�dee to I.eader.Hawevcr, �`ti,,:
<br /> :: �,;.._:��:.,;�:: 1.Qnder agrees tbat onty on cSefaWt will l�eader notit�r Graata:aad Ciranto�s teuaats aad mage demattd/6at at!fatpre .,;_
<br /> _ -•���` '���= Rents bo pa�d directiy to Lender.bn reccivlag nutic�ot defaWt.Orantor wllt endorse and deUver to Lende:auy _ -
<br /> payment vf ttents in�irsiatos's poxsessioa aad aill receive any Rents in wst fos l�ender and ai,ll not aommingte the
<br /> • a
<br /> ��.� :..:� ,� Rents with eny other funds.My emounts rollectecf will be applled as provlded In tfus 5ecurity Instrvment.Grantar _
<br /> wanants thut no defaWt exLsts under the Lease�os any appllcable landlord/teaaat law.Grantar also agtees to maintain �
<br /> 'f�.�.�....:.°-'-�--�:a> and requlre any teaant to camgly with the term9 ot the Leases and applirc�ble taw. . .
<br /> - ;. .,;: �- � � :
<br /> _ .� ;,:..�k: � 13. 1�9Ell0lAS:CONDONll1VIUMS;PLArA�1�D UNtI'DEVELOPA9EN'i'B.C►rantor agrces tu aom�ty witb th� '�. , , ,
<br /> �.�'.�;:,�`°��: , provislans of angr icase it tivs Security Instrument'ss on a te�ehold.If the Property inctudes a unie in a condamininm � .4,��.�
<br /> '�, :��� . �� or e plariaed unie devetapment.Oraetar wi11 pedorm all oi�3rantor's duties under the covenants.by-laws.or .
<br /> .�.,;,` .�.:�'.':�;�:...�; rcgulations of the weQom�lniuia or plaaned u�t devetopment
<br /> ��'�" ' , � 1�l. O�A1Jl.T.(3rantar wW bo ia default i!eny party obllgated on the Secured Debt ta�Ls to make paycnent when due.
<br /> � . . - C3:antos cvill be in defaWt it a breach aocurs under the terms of this Securiry lastrument ar any other dacameat �
<br />- ;�'�:�. (page2ota)
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