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<br />200700581 <br /> <br />Unless othcrwise agreed in writing, all insurance proceeds shall be applied to the restoration or repair of the Property or to <br />the Secured Dcbt, whether or not then due,' at Beneficiary's option. Any application of proceeds to principal shall not <br />extend or postpone the due date of the scheduled payment nor change the amount of any payment. Any excess will be paid <br />to the Grantor. If the Property is acquired by Beneficiary, Trustor's right to any insurance policies and proceeds resulting <br />from damage to the Property before the acquisition shall pass to Beneficiary to the extent of the Secured Debt immediately <br />before the acquisition. <br />20. ESCROW FOR TAXES AND INSURANCE. Unlcss othcrwisc providcd in a scparatc agreemcnt, Trustor will not be <br />rcquircd to pay to Beneficiary funds for taxes and insurance in escrow. <br />21. FINANCIAL REPORTS AND ADDITIONAL DOCUMENTS. Trustor will provide to Beneficiary upon request, any <br />financial statement or infonnation Beneficiary may deem reasonably necessary. Trustor agrees to sign, deliver, and file any <br />additional documents or certifications that Beneficiary may consider necessary to perfect, continue, and preserve Granlor's <br />obligations under this Security I nstrwnent and Beneficiary's lien status on the Property. <br />22. JOINT AND INDIVIDUAL LIABILITY; CO-SIGNERS; SUCCESSORS AND ASSIGNS BOUND. All duties under <br />this Security Instrument arc joint and individual. If Trustor signs this Security Instrument but does not sign an evidence of <br />debt, Trustor does so only to mortgage Trustor's interest in the Property to secure payment of the Secured Debt and <br />Trustor does not agree to be personally liable on the Secured Debt. If this Security Instrument secures a guaranty between <br />Beneficiary and Trustor, Trustor agrees to waive any rights that may prevenl Beneficiary from bringing any action or claim <br />against Trustor or any party indebted under the obligation. These rights may include, but are not limited to, any <br />anti-deficiency or one-action laws. Trustor agrees that Beneficiary and any party to this Security Instrument may extend, <br />modify or makc any change in the terms of this Security Instrument or any evidence of debt without Trustor's consent. <br />Such a change will not release Trustor from the terms of this Security Instrument. The duties and benefits of this Security <br />Instrument shall bind and benefit the successors and assigns of Trustor and Beneficiary. <br />23. APPLICABLE LAW; SEVERABILITY; INTERPRETATION. This Security Instrwnent is governed by the laws of the <br />jurisdiction in which Bcncficiary is located, except to the extent otherwise required by the laws of the jurisdiction where <br />the Property is located. This Security Instrwnent is complete and fully integrated. This Security Instrument may not be <br />amended or modified by oral agreement. Any section in this Security Instrwnent, auachments, or any agreement related to <br />the Secured Deht that conflicts with applicable law will not be effective, unless that law expressly or impliedly pennits the <br />variations by written agreemenl. If any section of this Security Instrument cannot be enforced according to its tenus, that <br />section will be severed and will not affect the enforceability of the remainder of this Security Instrument. Whenever used, <br />the singular shall include the plural and the plural the singular. The captions and headings of the sections of this Security <br />Instrument are for convenience only and are not to be used to interpret or define the temls of this Security Instrument. <br />Time is of the essence in this Security Instrument. <br />24. SUCCESSOR TRUSTEE. Beneficiary, at Beneficiary's option, may from time to time remove Trustee and appoint a <br />successor trustee without any other fonnality than the designation in writing. The successor trustee, without conveyance of <br />the Property, shall succeed to all the title, power and duties conferred upon Trustee hy this Security Instrwnent and <br />applicable law. <br />25. NOTICE. Unless otherwise required by law, any notice shall be given by delivering it or by mailing it by first class mail <br />to the appropriate party's address on page I of this Security Instrument, or to any other address designated in writing. <br />Notice to one trustor will he deemed to be notice to all trustors. <br />26. WAIVERS. Except to the extent prohibited by law, Trustor waiVe:~ all appraisement and hotilestead exeihpiioIifiglits <br />relating to the Property. <br />27. OTHER TERMS. If checked, the following are applicable to this Security Instrument: <br /> <br />[XJ Line of Credit. The Secured Debt includes a revolving line of credit provision. Although the Secured Debt may be <br />reduced to a zero balance, this Security Instrument will remain in effect until released. <br />o Construction Loan. This Security Instrument secures an obligation incurred for thc construction of an improvement <br />on the Property. <br />o Fixture Filing. Trustor grants to Beneficiary a security interest in all goods that Grantor owns now or in the future <br />and that are or will become fixtures related to the Property. This Security Instrwnent suffices as a financing <br />statement and any carbon, photographic or other reproduction may be filed of record for purposes of Article 9 of the <br />Uniform Commercial Code. <br /> <br />D Riders. The covenants and agreements of each of the riders checked below are incorporated into and supplement and <br />amend the tenns of this Security Instrument. [Check all applicable boxes] <br />D Condominium Rider D Planned Unit Development Rider D Other .................................................. <br />o Additional Terms. <br /> <br /> <br />e/ow, Trustor agrees to the terms and covenants contained ill tbis Security Instrwlleh( an(f in any <br />wledges receipt of a copy of this Security Instrument on tbe date stated on page 1. <br /> <br />'7-- / - <br />(L~od ~;~w,.~L,................h l..~?;;,). <br /> <br />ACKNOWLEDGMENT: <br />STATE OF PENtdS.'(lVANIA................................, COUNTY OF .. P'~.~'.I.'~.............. _........:..............} ss. <br />This instrument was acknowledged before me tbis ......1.~.......... day of .. .7~:,: ':';":9:... .. .. .. . ~C:~'?.. .. . ....... .. . .. .. <br />by !3.~I\IE.~, _q~td.4w.IS.H;.CAflOU,(JAI\Il3.WJSH,.l:tlJ.SaANO.4to1O.wI~E.A.S,JJ msJ.Oas.................... .......................... ..... ....... . <br />My commission expires: ~ >/.~, <br />4/rf/N ............. .4d..~~~~........... .......... ......... <br /> <br />(Individual) <br /> <br />(Nutary Public) <br /> <br />Ex{ie~ "" 1994 Bankers Systems, Inc., St. Cloud, MN Form RE-DT-NE 1/30/2002 <br /> <br />COMMONWEALTH OF PENNSYLVANIA <br />Notarial Seal <br />Brian Hostetler, Notary Public <br />Lower Paxton Twp., Dauphin County <br />My Commission Expires Apr. 8, 2010 <br />Member. Pennsylvania Association of Notaries <br /> <br />(page 4 of 4) <br /> <br />... <br /> <br />, <br />