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<br /> � �. Afl[t+ture ndvances from Lender to Grantor or othPr future obtigstioas of Orantor to Lender under any pmmissory ='_
<br /> ' note.caa�tract,guaraaty,or other evideACe of d2bt exec�ted by Graator in favor of Lender executed after this [F
<br /> S..-curity instsument tivhether or noi this S�rity Insinamen►is spec�fically refe�enced. If etore thau one PeTSOa �:
<br /> si�ns this Securiiy Instrumcnt,eusl�Grantor a�G that this Seeurity I�teumen[w�71 secure sil future advanozs arFd � ,
<br /> future obli�ations th�t are�jvcn to or ineurrct!by any one or more Grantor,or any one or more Grantor aud �':
<br /> o3�ets.All futrue advattces anst oth�r fu3we�lie,��.�ia�s are secund by this Security Instrument even 4�ough all nr
<br /> part may not yct bz advastr.e�.All future adv;.�o�s at�d ather future obli�a6onti are secured�s�f made oa!he date �_,_
<br /> ' of this Sacuriiy Iastnsment.Nothing in this S�rity]nstrument shall constituie a commidnent to make additional �;
<br />' '_p_� or future loans or advanoes in any amot►cit Any su:h commitment must be agceed to in a separate writin�. �r:
<br /> C. All obG�adons Grantor oNes to Lender.+vhit�may tater arise,to the extent not prolubited by law,induding,bu¢ �-:
<br /> nat timited to,liabilities for overdrafts refating so aay deposit account agreement between Grantor and Lender. .,�._
<br /> . D. All addidona!sums advanoed and expeases�rt�ured by Lender for insurin�,preserving or atheiviise protecting ���'`
<br /> � ttie Property and its va[ue and any oihar sums advanced and expenses incurred by Lender under the terms of --
<br /> tivs Securiry Instn�men� —
<br /> 'Ihis Security Instrument vsrill not se�ure any oth�r d-cbt if Lender fails to give any required notice of the right of rescission. �.
<br /> S, p�►YMENi'S.Grantor agrees that all paymenis under the Secured Debt will be paid whea due and in accordance �
<br /> witb the terrns of the Securesl Debt and this Sesvriey Instnrment =-
<br /> � 6. WARRA1�PrY OF 17�LE.Gtantar warraaiff Eh?t Crrantor is or arill be Iawfully seized af ths estate canveyed by thls -_
<br /> :.t : Security Instrument and 6as the right to irrevo�bly grant,conaey.aud sell the Property to Trustee,in tn�st,with _
<br /> � power of saIe.Grantor aiso warrants that tha Prop�rty is unencannbered.exw.gt far enc�hrances of recmrd. —
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<br /> �,. ,;: 7. PRIOR SECIIRFrY Il�'H����NPtb se�rd 4.o any ather mortgage,dee��tras+»sec�uity agreement.o:ot�er Gen ��:
<br /> '•' document that created a prior see�niij�anterest or encumbrance on the Paoge�.�.�'raarr.r aa�sr°es: �_�,
<br /> :';�^`# A. To make all�aym�ats wh�a�:�ti ta perfor�m or oomgl�r with all c�ti r-_�. s�:
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<br /> ��''i: � �. 'C�t�r4tnpdy deIicer tn i.erFdr�c�y notioes 3hat Granwa rece:��s fre�i¢he i�e��er. �,_
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<br /> '`'' C. �cYt:o allo�s�ay tu�.'aficatiaa or extensioa��nor to re�aest any£u.�e act�ances under any ncta�a-.a;;.�:.�t `w-
<br /> ' s�,;�d by�ie;:rr�x��c�.rment without Lea��i s g*�ior�n can.s.:�w �s�._
<br /> �'��`` 8. �I.�f�<��GAINS7r IlII�'s..�.Granror will pay a�c,a�rs,��en�:,;�:�,onc�mbrances,tease pay��-�ts,grc�ad -
<br /> ;s;��� re��,�ita;and o'��es-;,:��S nel�.�ng to the Pr�,�y w�ers�ne_L;x�;..'7�ay iequire Grantor W proti�ide to Lender `�.
<br /> ayt zs�g�*;t notic,e5 tz`z���:�a�w�s are de�ana tbe receipcs evidea�g Gcantars paycneat CsY--.=:«ar will defend �,
<br /> tr.te to the Pcopertp ag�E.•"�i d'.�mms^;at wuufd�pair the lien of this��m�ty�ns'tru�eQL.Gr2�a�r•ses t�ass�gn �• .
<br /> . to I�nder,as request�e�t'�S��ead�:,•3nv rigiats,claims or defenses Grrantor�ay have ap,ainst�arties wvhQ supply labor =
<br /> or materia�s to cttaintain or improrc��e Property.
<br /> 9 DUE ON SALE OTt IIPI�f.�MIIfi3I,t�.'l�E-l-ender may,at its option,deciare the entire balance of the Secured DPbt to �
<br /> be immediately due and p�yab�u apm�the craarion of.or contract for the creadoa uf,azry lioa,encambrance.traqsfer =
<br /> � ' �' or sale of the Property.7i�ts ri�'ht is subject to the restrictions imposed by federal law(12 C.F.R 591)�as appllcable.
<br /> This covenant shnll run with the Property and shall remain in effect until the Secured Debt is paid in tull and Uiis
<br /> Security Instnunent is re(eased. _
<br /> ' 10 PROPERTY CO1Vd3II'I'ION,ALTERATIONS AND IN�PECTION.(3rantor will kecp thc Froperiy in goad _,
<br /> condition and make all repairs t6at arc reasanably ncccssary. Grantor shall not commit or ullow any wasto.
<br /> - iaapaimtent,or datariamtion of the Property.Graator will keep the Property free of rtoxious weeds and grasses.
<br /> ' Cirantor agae�tha�tha nEYwe of the ocxupanry and use wlll not substantiaily change without i.endcr's prior written
<br /> ' ,.:r"� oansen�Grantar a►�'II nat�p�mit any chanse in any licelsse.restrictive covenant or easement without Lendcr's prEor
<br /> written consent.Gmntcu�w��l�nn'�ify Lender of all demands,praoeedin�s.claims,and uction�agninst Grantor,and bf��
<br /> � az►y loss or d�mn�to tLa Arap�;Yty:
<br /> Lender oa Lendfu's ag9ntv rnEy,at Lender's option,enter tha Proparty at any reasonabla tiras for the puzpose of�
<br /> �?r`� inspecdag t�ho Ata�potty:L:ender shall give Grantor notice at t�:e teme of ar before an inspection specit�ying a
<br /> , ';rrU reasona��e��se�inir rhe insge�tion.Any inspection of the I'eaperiy smaU'be entirely for Lender's 6enei5t and
<br /> • _.�.x�i' Cr�ntvr�z'�J�r��a��w m�Iy on Lender's inspectioa. —
<br /> ' �`��'` iL A[J'�L((8. � '$+��L���'ORM.If Grantor faiLs to perforan axry d�ry flr aay of IIhe cavenants contained iu ti1�an
<br /> �`.i,,��� Sesc�iC��I'i�txlaum��t�Lender may,without notice,perform or r��nse t�effi to bs gesfo�ed.Grantor appoints L�d4� -
<br /> '�:���' as attamey isi fpiy!to R�Grantar's name or pay any amount neoe�ary far�e�ermanr,�:.Lender's ri�i�Ro perfoim f�r
<br />. Grantor sL��3i�rout c�*.$an ob6ga�on to perfatt�,and Lender's failure 2o tp,erform we�l not preciLalB i.ender froYn u.:
<br /> . exer�.siag a��.of Leader's other rig�ts under the�►a�or this Security Insm�men�If any construction on the Property is r
<br /> � ;;��l discontinu�i-or not carried on iyv�a reasonable manner,Lecder may take all steps necessary to protect Leader's =
<br /> y{? se�uity irs2orest in the Property,iu�ctuding wmQletion of the�nsintction. �:�
<br /> . a2, qg�i�,'�NIINT OF BE�FS�l,"�REIvTi'S.Grantor irrevacably grants,coa+r�ys aad s�lls to Trustee,in trust for the __
<br /> ' bsn�t aS�Lender,as:a��ana!security all the rigbt.dtle and interest e�an�ci a�an�and all existing or future teases, __
<br /> subleasc3,and any orl��written or ver6al agreements for tho use and occ:�.ancy of any portion of the Property,
<br /> in�:tcr]irrj any emensions,renewals,modifications or substitutians of such agreements(aEl r�Eened to as"Leases"}�utd
<br /> re�u,i�sues and profits(all refened¢o es"Rents").Granv,ur will�promptly provide L.e�e�er with true and corre,ct
<br /> arpies of all existing and future Leases.Grantor may coIIect,receive�enjoy und use the Rents so long as Grantor is not
<br /> in defauIt under the terms of this Security Instiument. —,
<br /> Grantor acknowledges that this assignment is perfected upon thc recording of this Deed of Trust and that Lender is �
<br /> � �� entitled to notify any of Grantor's tenants to make payment of Rents duc or to become due to Lender.However. F`
<br /> ' '. Lender agees that only oa dePault will Lender notify Grantar and Grantor s tenants and make demand that al!fumre -
<br /> � Rents be paid directly to Lender.On receiving notice of default.Grantor will endorse and deliver to Lcnder any _
<br /> � payment of Rents in Orantor's possession and�vill receive any Rsnts in trust for Lender and�vill not commingte the �•
<br /> Rents with any other funds.My amounts collected will bc appGed as provided in this Security lostrumen�Grantor _
<br /> .� warrants that Qo def��it exisLs under the Leases or any applicablo Iandlord/tenant law.Oranror also agtees to maintsiin •
<br /> . �. � and require any tenanE to comply with the terrns of the I.e�es�d applicable law. : " '
<br /> :��;`^' !3. LEA.s�R'DLDS,t;�;VDa14�iIli�JIlIIJ�iS:PY,:�..'�.'`�D 1JNPd'ID3.&�d.OPPb�I�.Grant�r agrees to comply with r1t� Y
<br /> �::s;;��;a' p r o�i s f��u�d o f a n y l e z s e i f t h i s S e c u r i r�I n s u J.c tt c-E i s o n a t e r a d b a�.I f t h e P t a p e r ty i n r J l w i�s a u n i t i n a c o n d o m i n i.u�a ;,_:
<br /> '•�-� or a planned unit�:c��lopment, Granter vri.fG�rform a:i��•`�Grantor's�yr�ties usc�;�s c�:e cavena�a��.s.by-la��.r,� -
<br />- re;ularions of the cor.�ominium or planned Lctit���velopme^�• ^:
<br />:;t;:;�,; , G�fd dD��AiJY.T.Grantor vrill be ia d�uli if anY Pariy obliga�3��Lhe Secured Debt fai.Ls r,��yake pa}^��::i:.3��i:�,�e. ��
<br /> vrrantoz will be in default if a bnrach occurs under the te;�e�r_of this Security Ir�strtw:.�:}r.�or any other dncu�srs�r+v:
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