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200305463 23. NOTICE. Unless otherwise required by law, any notice shall be given by delivering it or by mailing it by to, first class mail to the appropriate party's address on page 1 of this Security instrument, or to any other address designated in waiting. Notice to one trustor will be deemed to be notice to all Trustors. 26. WAIVERS. Except to the extent prohibited by law, Tmstor waives any right regarding the marshalling of liens acrd assets, and bercby releases and waives all rights under and by virtue of the homestead exemption laws of this state. 27. OTHER TERMS. If checked, the following are applicable to this Security Instrument: It Line of Credit. The Secured Debt includes a revolving line of credit provision. Although the Secured Debt maybe reduced to a zero balance, this Security Instrument will remain in effect film] released. iFLI Construction Loan. 'Phis Security Instrument secures an obligation incurred for the construction of an improvement on the Property. D Fixture Filing. Truster grants to Beneficiary a security interest in of goods (hat Truslor owns now or in the future and that are or will become fixtures related to the Property. This Security Instrument suffices as a fuancing statement and any carbon, photographic or other reproduction may be filed of record for purposes of Article 9 of the Uniform Commercial Code. 0 Additional Terms. 28. STATEMENT OF CONDITION. From time to time, as required by law, Beneficiary shall furnish to Trustor or its agent such statements as may be required concerning the condition of the Secured Debt. Beneficiary, will charge a fee for such statements as may he permitted by law. 29. RECONVEYANCE. Upon payment of all sums secured by this Security instrument, Beneficiary shall request Trustee to reconvev the Property and shall surrender this Security Instrument and any note or instrument evidencing (he Secured Debt to the Trustee. Trustee shall reconvcy, without warranty, the Property or that portion secured by this Security Instnnncnl. To the extent permitted by lmv, the reconvcyance may describe the graumee as "the person or persons legally entitled thereto" Neither Beneficiary nor Trustee shall have any duty to determine the rights of persons claiming to be rightful grantees of any reconveyance. Beneficiary will charge a fee for such reeonvevance as may be permitted by law. 30. RIDERS. If checked, the following are applicable to this Security Instrument The covenants and agreements of each of the riders checked below are incorporated into and supplement and amend the terms of this Secrrity, Instrument. M9 Third Party Rider MN Leasehold Rider Q Other SIGNATURES. By signing below, Tmstor agrees to the terms and covenants contained in this Security Instrument and in any avachnieeennAx"', ts. Truster also acknowledges receipt of a copy of this Security Instrument on the date stated on page 1. � 1 _. _ i� 5- GARY A- T I t (Date) I I IN�� /f� ( Dale) MI 2717 (DG'20D2)