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<br /> B. AU futurc ndvnncss from L�:ndcr to Crnntar ar otiicr[uwrc obligatio�u af Grnntur tu l.c�idr,r undce uny prumissur� =°=
<br /> IlO1C,contract,sUOtElilly,or olhcr evtdencc ai dcot cxccuieu uy ��iaiuC.i u• ::�������•����=�e�==L�=�'•��!rr qhla _,_
<br /> Sccurity Instr�unent whcthcr or not tl�is Sacurity Instrumcni is speciCcnlly rcfcrcnccd. 6t morc thnn rni� µcrson
<br /> sigtts this Security Iusirument,cach Grantor agrccs that this Securiry lnstrumcnt will sccurc nll[uturc ndaann;s.md
<br /> [uturc obligaiions thot urc �ivcn to or incurred by�ny onc or morc Gcnntor,ar nny�n� or mm�c Grnntor and __.
<br /> others,All futurc acivnnccs und other tuture obligalions nre secured hy this Sccurity I�istrumcni cvcn thou�h aS!or �_
<br /> part m�y n�t yct bc advanced.R.11 tuture ndennces and ott►er future obligations nre securcd as if mndc on Yh�dntc
<br /> of this Security Instruracnt.lVothing in this Sccurity Instrument sit�U constltute u commitment to make additiannl
<br /> or future toans or advnnces in any amount.Any such commitmcnt must bc asrcrd to in a scpi�ratc writing,
<br /> C. ,All obligations Grnntor owes to Lender,which may later arisc,ta the extent not prohibited by lAw,including,but
<br /> not timltecl to,liabilities for overdrafts celating to any deposit account u}3reement between Gruntor and I..ender.
<br /> D. AU additionat sums advanced and expenses ineurred by Lcnder for insurins,preserving or othenvise pr�tecting �_ _.
<br /> the Praperty and its valuc and any other sums advanced and expenses incusred by Lender undcr the terms of
<br /> this Sccwity Instr►�nent.
<br /> Thi9 Securiry Instrument will not secura any other debt�f Lender fauls ro give nny rec�uired natice of the ri�iri af rr:scissiun.
<br /> S. PAYMGIV'IS.Grantor agrees tt�at a11 p2yments under the Secured Aebt will b�paid when dua and In i+ccardance
<br /> with�he terms of the Secured Debt and this Security lnstrument.
<br /> f�. WARRAIVTY OF TITI.E.Cvrantor wa�rtints that Cirantor is or will be(Awfully seized of the cstate conveyed by Ehls
<br /> SE�cusity Instrument ancl has the right to irrevocabl�� grant,convey,and scll the Pruperty to Trustcc,is►trtast,�rith -
<br /> pt�w�r of sale.Grantor also wnnanu that the Property is unencumbered,except for encumbrances of record.
<br /> 7. P�27�iR S�CURITY A4i'p'GUB��TS•V�1ith regord to any other mortgage,deed of trust,security ngreement ar othcr licn
<br /> dacument that created a priar security interest or enc�mbrance an t�ne Property,Grantor agrees:
<br /> A. To ma�k��il payments when cluw anct to perform or cornply�vit�all covenants.
<br /> B. To promptly deliver to Lender any�otices thax Grantor receices ftom the�r.older.
<br /> C. Not to allow any modif'ication or extensian c�f,m��x ta request any€e�turr��c��'ances under any note or a�reement
<br /> sectued by the lien dacument�rithout Lender's prlor written consent.
<br /> 8. CLAIMS ACAINST TITi.E.Grantar�rill Qay all taxes, assessmen2s,liens, encumbrances,lease paym$nts,�rc�und -
<br /> rents,utilities,and other charges relutin�Zm the Property when due,L.ender may require Grantor to providc t�l.endcr
<br /> copies of all notices that such amounts are due and the receipts�videncing orantor's payment.Grantor wAt.l def�ad
<br /> YUIC to tne F[+oper[y aguinsi any ctai,iis ti,ai:�vutci�siipair ili�lien IIf thi��!»rilY in�tfl�mrnt.C/rantor agrecs ttct usslRtl
<br /> to Lender,as requcsted by Lender,any rigt►ts,claims or defenses Grantormay h�ve against parties wlio sal��iy latior
<br /> or materials to maintain or iruprove the Property.
<br /> 9. QUE ON SA�.E OR ENCUMBRANCE.Lender may,at its aptlon,declnre the entire balance of the Securcd Aebt to
<br /> be inunediately duc and payable upon the creation of,or wntract for the creation of,any Gen,encum�rance,transfer
<br /> or sale of the Property.Th3�right is subject to the restrictions imposed Uy federal law(12 C.F.R.591),as:�,��licable. _
<br /> 'T;�►s covenant shall run with the Property and shall remain in eifect until the�uted Debt is paid in �'uCl and this
<br /> Scciuity�.9lrument is releesed.
<br /> 10. PROPERT�'�ONDITION,ALTEit.�7[TONS AND iNSPECTION.Grantor will kee�the Property in good
<br /> conditlon and malce aU repairs tita4 ar.. rcasanably necessary. Geantor sl�all uot commit or allow aqy waste,
<br /> icnpairmcnt, or deterioration oi�ths P7operty. Grantor will keep the Property frec of noxious weeds antl grasses.
<br /> �C',rantox ag,rees thAt the n�¢sue e�f't�e occupancy and use will not substantially change without I..ender's pdrnr written
<br /> cnnsent. Grantor will no1�crrait Rny change in any llcense,restrictive covenant or eusement without L,end�r's prior
<br /> written consent.Grantor will noti�y l.ender of all demands.proceedin�,s,claims,arad actions against Granto�r,end of
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<br /> T_ender or Lender's agents may,at Lender's optiun,enter the Property at any rcasonabl�time f.or the purpose of
<br /> lnsgecting ttie Property. Lender shalt give Gruntor noticc at the time of or before an inspection spe�ifY!RE a .
<br /> reas�nable purposc fox thc inspection. Any inspection of tlie Property shell be entircly for Lender's bemcfit and
<br /> Grantor will in nu way rely on L.ender's inspechan, •
<br /> 1�. AUTN(bRITY TO PEIiFORItit. If Grantor fails to perfomn any duty or any of the covenants cDntained in this
<br /> Security Insti'ument,Lender may,wi4hout notice,perforrn os can.ase thean to be performed.Grantor appaint,s Lc:nder
<br /> a<attorncy in faCt to sign Grantor's name or pay any nmount necessary for perfarmance.L.ender's right to pexfotm for
<br /> Grantor sl�all not create an obligation to perform, and Lender's failure to pexform will not preclude I.cr�der from
<br /> exercising uny of Lender's oil�er rights under the law or this Security Insuumend.I'f any construction on the Praperty ts
<br /> discontinued or not carricd on in a reasonable aranner,Lendcr may take nl! steps necessaQy to protect E.ender's
<br /> security iu�terest in the Property.includitt�completion of the construction.
<br /> 1Z, ASSIGNMENT OF LF,ASES AN171 REN'1'S.Grantor inevocably grants,conveys and setis to Trustee.in mist[or thc
<br /> Uenefit of I,ender,as additional security all the right,title and interest in and to any and a11 e�isting or tt+ttzre leases,
<br /> subleases,and any other�vrittcn or vcrbal agrecmcnts for the use and occupAncy of any portion of the Property,
<br /> including any extensions,rencwals,modifications or substitutions of such agrcemcnts(aU referred to as"Leases")and
<br /> rcnts,issues and profits (ail rcfened to as"Rents").Grantor will pramptly pruvide Lendes with true and corrcct
<br /> copies nf all existing and future Leases.Grantor muy collect,recci�•�,enjoy und use the Rents:�v ton�as Grantor is not
<br /> in default undcr thc tcrms of tN.is Security Instrumcnt.
<br /> Qrantor acknowledges tt�aE this assignment is perfected upon the recordins of�:i�is Deed of'Trust and that Lender is
<br /> entitled to notify any of�rantor's tenants to mak�:p3yment of Rents duc or co become due to Lcnder. However,
<br /> , i..endcr agrees th.at only on deft�ult will L.ender notify Grantor and Grantor's tenants and in�k��demand that all future
<br /> _�_ r�_ ..�... ..0 d..Fo..ta L�eontnr will avulnrcca 2Y]cj[�C�IVM�O�DdCC flllv
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<br /> payment of Rents in Grantor's possession and will scocivc any IItents in trust fur Lender and will not comminglc the
<br /> Rents with any other tunds.Any araounts collected will be upplicd as provided in this Security Insttpmer�.,Gt�ntor
<br /> wairants that no default cxists uttder the Leases ar any applicablc landlord/tenant la�v.Grantor also ay*rees ib maintain
<br /> and require any tenant to comply with the terms of the Leases and appticable In�v.
<br /> 13. LEASEHOLDS;CONDQMINIUMS;PLAMiiED UMT D�lr�LOPMENIS.Grantor agrees to comply with tlie
<br /> • provisions of any lcase if this Security Instrument is on a lcusc:hold.if the Property includes a unit in a condominium
<br /> or a planned unit development,Grantor will Ncrform all of Grantor's dutics undcr the covenants,byIHtvs,or
<br /> regutations of the condominium or planned unit development.
<br /> _ 14. DF.�'AULT.Grantor will be in defnult if uny p:�rty obligated on tl�e Sccured Debt fails tca make payment whcn duc.
<br /> Grantur will bc in dcfeult if a brcach occu�s under thc tcrms of this Security Instrumcnt or any othcr documcnt
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