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<br /> <. ,�:.. � • B. All fnttue advaaoes from I�ender to Ci�antor ar other fnwre obligatioas of Graator tQ Lender under anY Dmm�s°ry f `�� ��` ''
<br /> aote,coauaa.guaraat9•ar other evtdenoe of c�ebt exec�ted by Grantar in favor of Leader eaeruted after this `�� < ' Y� � �� "
<br /> ��:.�:��'�-'r{ ° . �
<br /> .�^,,,�`, refereaxd if mnre than one peison �``��`t ����°�F��,
<br /> ,_4 ti`;z: Sewtity Inst�tttuent whether or not this Seauity I�strameut is s�p�ty►
<br /> �� si�s this Seauity Iastmm�ent,ead►Gsantor agtees that Wis Se�anrity Iastiument w�1t secure atl fnnue advaaces asd �< a,�,
<br /> {..���k�`:;°- fut�ue ob' ttons that are en to or ivaured tsy�mg ane os more Graator,oi aay one or more Grant4r and .,;.�K;;,_:;�.��.;:,�.�,-�.�
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<br /> , �:>�.'=; othe�. �re advanaes a�ad other future ob�g,ations are s�by this Sec�uiry I�Wment even t ho n g h a i l o r �� :. x -- ^�-''
<br /> �c_ �� ` part may not yet t�e advauced.All funae advaao�aad other future ois6gatio�s me�cured�if made on the date = " " °-
<br /> i y�� -,U t t��
<br /> " of t6is Serutity t�ament.Nothiag ia dris Se�ity Instrusnent sh�ll ooastinrte a eommitment to make additional F
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<br /> os future taaas or advaaces in aag amoimt Any sar�so�uitment must be sgreed to in a separate wrilin� T�_.�.� ��� �`� `
<br /> � '� � �� ; �
<br /> � ',�, `G� C Atl obligations Grantar owes to Lender,wHich may later arise.to the exteat not prolu'bited by law,induding,but 4_ �;. � ..
<br /> `� not tunited W,lia�ti�far averdsafts relating to any d�posit asxount agreement between Grantor and I.eader. �� �° ` e ��.- �-
<br /> � ,"`� i-s. D. A II a d d i t i o�l s a m s a d v a n e e d a n d e s p e m s e s i n c u r r e d 6 y L.e n d e r f o r i n s u r i n g,p r e s e i v i n g or othera+ise prutectin g �F f f �,� q � Y
<br /> _� � the Pioperty and its value and any other sams advanced and exper�ses incarred by I.ender umier the terms of �� L `:
<br /> ,��,�f :.-� thisSeunity InstNmen� �
<br /> � `: N This Secttrity fi�tntment will not secure a�other debY idI.ender fa�s ta give any reguired noticx of the right of�n. �� �'' :,L7 'L}� {;��
<br /> Y � `� `' S. PAYMENiS.Grantor agrees thai all payments under the Sec�red Deht w�l be paid whea due and in a000rdance ��� �` :=au Yr �� �, �,:
<br /> ���. . �1_, � �i. C f£ •_ -.
<br /> -�.---,- l�[3�C!�tCASiS 4�t�SeCt1S��blBIId tjILS SCCU]iL}i�ffi�1Ckt- "'
<br /> �,�� `' g� �A�F�Y O�1Yi�.�antor warraats that Grantor is or an'II be IawfuIIy seized of the estate conveped by this .. � `�,;�`, `�,.`
<br /> ;{�,.;,.�;�'±sf.,:,.', �
<br /> ,�,,..;,.,;r•�_ Saauitq Ias3�aent and L�as the rigbt ta urevacably g�ant,convey,andi sell the Property to Tnsstee,iu t�t,w�th ' � �:'�� -r
<br /> �,`b,�j�f��,� ;'; gawer of sale.Grantor aIso warrants that the Properiy is uaena�mbeted,escePt for enaunbranoe.a of record =_ f` r ..`z ` _ :'.
<br /> - �f•�.j°`-� �.•`<,, 7. pP10S SSEC[JR�Y 11�T11EREST3.Witts regard w any otfier mortgage.deed of tn�:,�ecurity agreemeat or other fien 4....:. `�,::- :;..,:,a
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<br /> ,.� .. ; doamuent that creatcd a prior security inierest or eacambrance on the Propesty,Grantor agrees:
<br /> , . , , r ,F:�. �' " ��F�,�
<br /> h .�:;� a,�_�' A. To make a!t payments when due and W perfoim or com�iy arith aU coveaants. + •:� �� . -
<br /> ° � "' • B. To PrnmptlY deliver to Lender anq norices that Grantor receives iram the holder. ' �.-^� �_°�
<br /> ' ��� { C Not to allow aay modi&c�ation or exteasion of�aor to request any future adaaaoes tu►der any note or agreetaent �. -�'�`-
<br /> r ;- " se�ed by the lieu da�uneat withotit l.ender's prfor wtitten consettt. Y fi �
<br /> L �`� a Cl.AIlVj�AGA3NST TP�l.E.Ciranmr will pay all taxes.assc�ssments,liens,eucwnbiances.leage payments.Stauad .. �. �::' .
<br /> : t .,.� l.AIlV , .-.
<br /> _ °.:,�''``.,� renta,utitides,and otIIer charges relating w the Property whea due.Lender may rec{uire(irantar to provtde w Lender _ :::. }'� �b;:',
<br /> ' r 1 cot�ies of all aotices that s�h amounts are due and the receipts evldencing tiraator's papmea�tirautos w�!defead .'°�` ,�.,
<br /> �.::,,: �.
<br />��!A':.�-'.:".�... :.��� � tit�e to the praperty againsi auy claims that wo�ld impair the liea of t6is Se�stty Inst�rnen�t3rantor a�ees w assiga _:_::•.: . . ..,
<br /> Y:''� .• t:'•,;;�'� to Ixuder,as requested by Lender.aay tigdts,claims or defenses Cirantos may t�ave ag,aiast paities who supply tabo�r °`4,.' �',. a�':
<br /> z�`r���:=• � '����
<br /> ��;��:';:;:,� or materials to maintaiu or improve We Property. ' . .f
<br /> b of tke Secaued Debt to ���" ���j `�'f° x
<br /> .. �_..�;.'�5 9. DiTE ON SAL,I:O�t ENCUIV�RANCE.Lender may.at its option,declare the entire alance .�.,;� ';i�
<br /> '° � , ,; be iawnediately due aud payable vpoa tlte creation o�ar oonuact for the creation o�az►Y tien,enammbrauoe,transf e r c "..T`� .. . �� _.
<br /> , r �""° ," _ or ae�e of the Property.This right is subject to the restsfctlana imposed by federal taw(12 C.F.R 591},as applicable. ,�; . .;
<br /> _ ;�� Tl�is caveuant sfea�l run with the Property and sball remain in effed unt�the Secuted Debt is pai d"m f u ll a n d f h i s :=.�s�
<br /> :� � �t.�T,, �;;-
<br /> ��� Sewrity Instivment is released � � -
<br /> _ . �: �- y{z��r� : � �''
<br /> 10 PgtOPEHTg(CONDITION,ALTERA'iTONS AND INSP�d.TION.Grantor will Iceep the Properiy in good , y �
<br />� ';;`�F�'�.;:;.�:', condition and make aU repairs that ase reasonabfy aecessary.(3rantor shall not commit or allow any waste, °�.��._._�'
<br /> im airment,or detertoration oi the Property.Orantor aUl keep t6e Property free of aoxious weeds and grasses. :. . �:-'.
<br /> �� n%•:_�. t3 antos a�ees that the natuce of tbe oocapancy and use arill nat su6staatiaUq chaage withont Lender's prrios written. �i�"�' , -
<br /> ;r�;;±; _ ;1' ': � cansen�tirantar w�not emut any chan e in aa license.mstrictive covenant or easement without Lende�s prios .�, �
<br /> ' L'` aritten eonsen�(itanusr w�l aotity Lendegr of a]I demands,Pruceedin&v.alaims,sud ae�ions against GranWs.and of � "``� ��
<br /> t�,. , :- ��
<br /> 'alt! ; any Ioss or damage W tl�n�Ptoyerty. �
<br /> ` ' ` � �.'. Leader or Lender's age�s miay.at Lender's option,eater the 8roperty at any reasonab2e time for the purp�e of �.-z�.''=:'
<br /> • � - �iaspecting the Pcoperty.Lender shall give Grautor notice at the time of or before an inspection specifying a '''�`�'�`
<br /> � :
<br /> „ reasonable purpose for ihe inspection Any inspedlon of the Property shall be entirely for Lender's benefit aad
<br /> `'': C•renwr w�l ia no way reIy on L+ender's inspection. =
<br /> ,,. . �.,�:.�,-
<br /> 11l. A�i'HORfl'Y TO PEAFOI3M.If Grantor faits to perform atry dury ar auy af We covenants wntained in this � _ �°-� �_
<br /> ' Securitq 1nsWment,Lender may,without natece.perform or cause them w be performed.Cirantor appa+iAts l.eader � • `�` - �
<br /> r ; aE , ' ._ .
<br /> as attomey in fad to sign Cranwr's aasz�or pay a�ry amount neoessasy far pedormaace.I.eader's right W perfom►for z � ��
<br /> ''; �' (itantor shall not create an ob�ig,�tiaa to pertorm,and Lender's faihue to perform ariU not preclude Lender from �'���--�.,
<br /> ,�., , . ( an �
<br /> �` ` exercasing any ot I.ender's other righta under the Iaa+or this Security Inswmeai.If any conswdion an the Property ls �
<br /> f � discontiAUed or no1 carried on in a reasonabte maimer,Lender may take aIt steps necessary to protect Lendes's tr .- � ;s{�" �
<br /> . ' security interest in the Property►.inciuding completian of the construdton. ,��, � .
<br /> �. - LL AS9IGNMFrTP OF LL�ASES AND REM'S.(3rantor lrrevocab3y gxants,conveys and sells w Trustee,in uust Por the �: `,
<br /> :' '`^,...,` bene8t of Lender,as additional security all the rigbl,dtle and interest in and to eny ead a0 existlmg or futnre lebses, ,`.:..'a' ,: f;:�,,, . �;
<br /> ��� subleases.and any other wtltten ar verbal agceernenta for the use and occupancy of any QorNon of the Property, � ,: >
<br /> " }nclnding any extenslons.renewaL�,modificationa or substltutions of such agreements(all reterred to as"i.eases")and , ,:. ;,
<br /> _ tents,issues and profits(al}referred to as"Rents").Grantor will promptly provicte Lender with true and asrrect = � :
<br /> oopies otalt existing and future Lcases.(iraator may oollect.receive,enjoy and use the Rents so long as Grantor is uot �_ ' ^-
<br /> � .� ' � in default uader the tetms of this Security InstnrmenL : . ` ` �
<br /> ,. ..i.: r. :.
<br /> � Cnanw:acgnawtedges t6at this assignmeat Is perfected upan tEce reoording of this Deed oi Trust and Wat Lender is t � �
<br /> ' enHtted to aatify any of Cirantos's tenants to make payment of Rents due or to becauie due to l.eader.Haweve�, .
<br /> '' -�� - ' Lender agrees that onty on defauit will Lender notify tirantor and Grantor's teaants and make demand that all future :.., � : , ::, -- '�
<br /> �.;.. -�:,.-�,.�� �: �
<br /> - _ =°'f��� '� : Iients be paid directly to Leader.Oa re�eiv}ng notice of defautt��rantor will endorse and detiver to Lender any �• '�� :" �_'�'` �`�
<br /> ��. ,:��::�,...
<br /> °=� payment of Rents ln Grantor's Qassessioa and aaU receive any Rents in trust for Leader and will not comming�e the ��,
<br />-. ' � Rents with any other fnnds.Any amounts coUecxed wn71 be applied es provided in this Securiry Instrument.Grantor ;.,..,,, . ��
<br /> -- ----- warrants that ao defautt exista uttder the Leases ar as�y opplicable landlordltenant law.Grantor also agrees to maintain ;: �,:_._.�_;s< ,.�,_. :.,::�:,
<br /> � and rec}ulre any tenant to campty with the tem►s of the Leases and applicabte law. • �!' ~ � '
<br /> . 4� 1,E A S E H 0 4 d 1�C ONDOMINIUMS;PLAIVN�A UNfI'DEVEIAPMEM'S•Grantor agrees to compty with the ' , -
<br /> provisions of any lease ii thls Security Inswment is on a teasehoM.if the Property inctudes a unit in a condominium ,
<br /> + '' , or a planned unit devetopment. Grantor will parform all oi Grantor's duties under the covenants,by-laws.or • ;� � ..
<br /> ':: regulations ot the caadominium or plaaned nnit developmen� •� �r
<br /> . ,.
<br /> 1 ' t�6 DFIf�4Ul,'�:Cnantnr a+ill be in defauit if any party obligated on the Secused Debt fails to make payment when due. 1,_;;_ _
<br /> ` � ;, Grantor will be in defaWt if a breach occurs un�er the tenns of this Security Instrument or any other Qocument
<br />;.; ,;y.�. (pege2o14) "'�;,,'..
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