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<br /> Grancor to p�ovide to Lend�r co�ies of all noetces thac such arn�unts are due and the receipts �-�= -- r _
<br />'� evFder�dng Gi^�n2or's payment. Grantor witl defend tltle to the Prope►er agai»st any ctaimg th�t would ��' � :-_
<br /> lmpair the Iftm of this Sewrity Instrsirnene.GrantoP agr�es to assign to�nde�,as requested by lender, ..�.. � , :,__
<br /> any rights, dpims or defenses Grantor rr�ay 4�ave agair4st partixs wiao sup�sly iabor or maeerials eo • , __�_�
<br /> maintain or ier�Rr�ve ah�Prflp�RY. . � ��
<br /> - �. ����;�$��p��q������AP.l��Lender may,at its option,d2clue ehe entire balance of the Secured _ _ _ �
<br /> ,.� Debt to(�e imtnedittP�311rdue and payab1e upon the creatton of.a�contract for the creatfiaee of, any iter+, = .
<br /> encumbranc:e. t�ns�r or sal� of the Prop2rty. This r�ght is subj2a to ihe restriand shalmrem�bn ` `i..
<br /> federal la�r(�Z C.F.R. S97) as a�tqllGable.This covenant sha11 run wich the Property , ,,;
<br />:`.`r�, e¢'rett ureeil t(ha Securnd QP�t is pald in full artd this Sewrity Instrument is released. ,.: . �
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<br /> ��'.` 1�. �[tb��F.it'IV C0�31TTf�A1, M�.4EElPsTIOPNS �,MD IM�PECYION. Grantor will keep the Property [n goad •, :: _, . .
<br /> cpndition arre! rr►ahe a11 �:�airs that are reasonabiy necessary. Grantor shall not commit mr allavs► anY _ c. ,;y.�_„�,,;_ �,
<br /> ' waste, im paim�ent, ac �dee�rioration of the Property. Grantor wtll keep the Praperty free of noxi�us �r?}:•:�--�;-y-•. , v
<br />� '.°� �r e e d s a r t t i �rasses. Grent�o� agrees that the nature o f t he occupan c y a n d use tisrilt not substaneialty ,�,,; l, . ,. �
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<br /> changa withaut I.ender's prior vrritten cor+sen t. G r a n t o r w i�l n o t p e r m i c a e►y c h a n�e in any litense =-��:��.;�`�. ��j��:
<br /> reserective�¢�e�am or easernent�vithout Lende�'s prtor wriCten cansent.Grantar vsi F nati�y L ender o�r ,
<br /> al� dQm;u�d�,, �r�c,ee�ings, daims, and actions against Grantor� and of any tass or d�na�e eo the ,:;'"�ti;.�;;r�'."�;.;;� .,.
<br /> 1�/0p2f2y. `''M F.'-���a .
<br /> Lender Qr Lende�'s agencs may. at Lende�'s option, enter the Pro�2rt1►at any reasonable tir¢�e far the � ���-...,�������
<br /> .':,.�; purpose cf irr� ecting the Propercy. lender sha11 give Grar�to�rnn4nseectio�n of the Prop2rty shall be :-:;�;.'� :��-�:`.��:�=
<br /> ' inspestion��ing a reaso�abis purpese for the inspectio y � �..�.�
<br /> eneitely for L�rtder's benefi2 artd Grantor wili in no vsray rely on Lendee's snspection. � ;;,: .., "'�"�=�.,'�;�-`�
<br /> �� 11./{RRHO�t9Ttf TO PE�E�f�VI.If Grantor fails to perform any duty ar arsY of the rovenanu contalned in ,:;�� � _
<br /> t3s3s Security instnem�, f�nder may.witi�o�at raottce.Perform�or car�s�d:�m to be performed.Grasito� +�';,�4��r���t;,, z � .
<br /> �tpints Lerrder as �rney in face to sign Grantor's narrle �� tl�S` anY amount necessary fos +����,�5,'��.�,:�
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<br /> �• � r�name�..►�nder's rfght to perFomn for Grar�tor shall not creao��-obit atton to perform. and ', ;, :t�. r . ,, ,:_,
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<br /> E.�.r,���s€aNnn?z to perform will not�sredude Lender from exe�rdslag aesy of Leas�s�`s othe�rigfits und2P �: V ,;.,��-,,-
<br /> dRe fav�r oP t�'►s Sew�ity Instrumer+t. If a�y ccarrstniction on the Property is disc�rc�.-�ue� or not carri2d - :+ ;. ' r• :
<br />' t��t in a reasonable rr�anner,Lender may tak��Ll�seps necessary to pso�ect Lende�s secu�ity ir:+terest ie: '"`���� ;
<br /> � t A e F r o p e r t y.i r�d u d d s�r.�r m p l e t i o n a f the carssmra�.�tion. - �•� "�"'��';:�,i �::
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<br /> 12.ASSIGNlIqE[�7T�S9F LEL'�t� AND RENTS. Gr�cs.¢��- irrevacably grants ��►veys aa�d s�its to�rr�:2e ir� . ��::'�; ,� �:, �,,:.
<br /> t r u s t f o r t h e 1��1Ft cf�.ertder as add�uonal se�u�ty all the rtght,tit�e and inter�t:i��and eo s.�ty�anc�al� � .��..:���-
<br /> extsting Cf �J.rWr� ��v5' E5, su�lenseg� and any other wri� cr v e r b a l ag r e e��m:� f o r t h e u s e a n d _� �
<br /> a�wpa��y �y� any �v�a�n of the laroperty including �.� extensions, renev►a'1�., modiflcations or ' '` �
<br />..y, substitutions of su�a;�ements(all ref�rrec�to as"leases�and rer�ts.�ie��a�of alEuex��ng and ,��`~�l
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<br /> to as `Rents°�. Granta?��N promptly provtd� lender with true ar+� c.� •��" '= r� . � ��� �-
<br />``"r`�� ftiy{1p@(.�E;aS@S.Grantar may coilect,receive,en�oy and use ch2 Rents s�Eong as Grar�tor is no:�m��fault .,�i�F. ,R
<br /> � :"•;: under the terms of this Security I�strum�nt. '�'rs-'•� : `_°�°
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<br /> Grantor actcnov�+ledges that this assignment is Perfected! up�re the reeording o'f this Deed of TrusY ae� -
<br /> ` that Ler�der is entitled to notify a�y of Grantor s tertanu to enake payment of Renu due or to 6eeocr:� ,.. � _-
<br /> due to Lender. However, Lenaer a rees that only on defautt will Lender notify Grantor and Grantas�s � � i'-
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<br /> � tes�ants and matce demar�d t h a t a� f u t u r e R e r+u b e p a i� d i r e c t t y t o kender. On-rece�vi�r �r�t3ce �� "�`'�
<br /> � ' default.Grantor v�ilg end�rse aRd deliver to Lender any payment of Rents in Grantor's p�ss�ir�:�ana} ��„��-;-___-
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<br /> � will receive zhy Rents in trust for Lende�and wlll not commingle the Rents with a�y othet�T:s:c^rw�.Any �_. .__._� ��
<br /> � annouwts c,���arted wi10 6e apptied as provided in this Security Instrument. Grar�tor warrara�s that na �� �
<br /> d e�u[¢e x��x�:�n d e r t h e L e a s e s or an y a p pltcable landlmrd/cenant iaw. Grantor als+�agrees to maintai:�. , T�
<br /> � �' aapd r e e�uire an�r cenartt�`aa compiy with the terms of the t�ses artd applica b le law. � ��t l�t h e �.��
<br /> •R�� ��+o U.�SEHOl.O*r:COND�'�AIWR�S:PLANNFA e�t+�t'if fS+�Fii'�4 1 p M E N T S.�ffan 2 o r a g r e e s t o c o..1�1�/! �° ` .. -,"
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<br /> ,t: .f �:avistor�s of any lease►-f this Secu�ity Instrurr��;ac��3 a.� a ieasehold.tf s�hta PropertY ind����+u'��t in a ': :�.
<br />� ; .,� condorro.crirJm or a planne�J unit development� Grantmz�.�i.'.1 pert'orm z;71 a'f��Gs�:t�r's dm2ies a��rEk�a'the _•
<br /> covenan�,f�Y-la�vs,or regulatlons of the condflminium c,r.r tp'?nned unit dev�':�en�•t. �t-•'^�.a;;;r�s�:.,
<br /> 1�,�£�AU���rantor wit!be in default if any parey obliga¢c-�d�a,�the Sewred Debz�-�i��s to make paymen.$ ��:.��._��:.:�;
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<br /> �� .�hen due.Grantor�rcu:ib2 in default if a brea.r�� otcurs c��!�.-th�a�ns of this Securtty Instr�ment or , ,�r.-�s.. . .
<br /> , �ay other document�uc�wted for the puepas��¢creatin�,�2surlrm rorr guarantying the SecurPd Oebt.A ,_
<br /> good fait�h b�lief by�.�..der thac Lender at a�,y time is �*g�cure e t orii�e�!�ae of the PropertyiN —�'-��'�'�""y �,.
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<br /> obligated�m i'he Secured Debt ac. cf�at the prospect of sny payrtt . _. �
<br /> impaired sl�a�l atso conssitute aa�u;r�:t of default. ,..�. . ,,a
<br /> ��. REMEDlES Ol� �l�t�fl9.T. In some instances� federal and state law will reyuire Lender to provi�r� : n�.-�—
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<br /> .., .� Grantor with notice af the right to cure or other notices and ��y establish time sst��lules for � . • ���:�..
<br /> foreii�se�is Sece��i��nstrumerto3 in a manner provtded by iaw if Gr��t�ts i�defaultseee�r¢� l�ebt artd
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