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<br /> - B. Ail future edvan�s ftom Lender to Cisantar or other future obl�gations of Gtantoz to I.ender under any promissory _--
<br /> � r,ote.contract,guaranry.or alher evideecc of debt exe�ted by Gra�►tor in favor of Lender executed after t�is , �
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<br />`�:, Sec�rity Insuuteent wkethcr or not this secwity In.scrument is specifically refereaced.If aiore than one person _ _
<br /> sig�s th�s SKCUriry Insttusuent.cuch Grantos a�s ti�t this Seauity Insuument will sec�re ai1 future advaaces and Y�
<br />'*� ' future a6li�st[ons thal are glven to a4 in¢uaeci by any one or more Grantor,or any one or more Crantor and �-�:
<br /> ottiers.All[usure ndvan�end ol9ier futtare obligations are secured by this Sec�mry Iastnmieat even though all or �-�.
<br /> pan may not yet be advartrcd.AU future advanoes a�ad other future obligations aze secured as if made on the date _
<br />�, of thi�Security[nstrument.Idolhing in this SecuritY Instr�ment shall oonstitute a commitment to malce additional �
<br /> -_- or futtuc loans or n�vances in asy amount.Any such oommitiment must be ag�eed to in a separate writing.
<br /> � C. All ubli�tiotts Q'i�antor owes tr►Lcttder.which may teter arise,to tlne esteat noi proh�ited by law,incii:c�ng,but �_
<br /> not Umitcd to.liabUitics far ovirdrafts relatIag to any de�sif as�oount agreement betweea Crrantor and L,eu+ier. _
<br /> D. A11 add€tional sums sdvarzccd und espenses�incurced by Ler��G��nsuriag.presen�ng or utherarise pratetting ...-_
<br /> th�Property and its vaitu:and eny other sums advanced and+��mcurred by Lender under ti�e terms a� �;_-
<br /> this Sec�ity Insttumcnt.
<br />-- This Security Ia5lrument will not secure any athor debi if Lender faits to give aay required noti�of�a ag6t of reaci�sioa. �V`-:
<br /> �, ppyi�'JENTS.t3rantor agtees that all Qayments under the Secured Debt w�l be paid when d�en�im aa:or�.,"� ;���
<br /> with the ter�ms of the Secured I3ebt and this Sccurity tnstrument
<br /> 6� WpRRANfY OFTf[7.E.Graittor wnrrams tf�t Grantar is oY anU be lawfully seized of 4he estate conveyeci�+�'� ��
<br /> gecurity Instrument and has the rtght Eo irrevacai�ty grun�cflnvey,and sefl the Property to Trusiee,in trast,vr`�u �:��,�
<br /> n 1i —
<br />: pawer oY saI�.Crantor also warrants t6nt the Property I�unencumbeted,except for ea..�:�ancesnf record.
<br /> ? pA�pR gECU�t1Ty F�i 1TEIt�STS.With tegard to any other inortgage,deed a#+�.is2.secz:<_,. a�eement or other lien .
<br /> doeument ttsat cseated a prior serurity interest ar encumbrance on the Property,�-r�a��ees: . . _,_
<br /> . A. To mai�e a11 payments when duc antl to�erform oi campfy vdtb all caveaa�.'t�.
<br /> B. To pzom.p�Y}r deliver to Lendez any aoticcs that(3rantos rereives fro��the���r-
<br /> C. Nut to allow any modi�cation or extension of.rtor to request any fu�."�e uz-��ces utt�er any note or agreement _
<br /> secured by the Ilen document without Lender's prior written conseat =__
<br /> & Ct,�RTMS AGAINST TPI7.E.Orentoa wlll pay all tsutes,assessmeats,liens,e�~..:.TM�biances,lease payments,ground �._:.
<br /> rents,uu7ides,and otDer c�aTBes re�attng ta tho Propeety whca dne.Lender�ay ra��ire Grantor to provide to L,ender . �
<br /> copies of all aotices that such amoants are due and the rcceipb evidenang Gr���.s-paymeni.Grantor w�ll defehd �e;:
<br /> • titIs to tfle Property against any cf�ims tPtat would Impalr the lien of this Secruity��nen�GrantQr agrees to assiga ,x.,..
<br /> ��� to Lender.as reguested by Le�der,�ny c�gi'�ts.clalms ar defenses Orantormay h�ti against parties who snpply labor ,�,.r�_
<br /> � or materlals to maIntai.0 or iaaprove ihe Prup,.rty. _�=_-
<br /> 9 DiJE�N SAI.E OB ENCUMHRAI�ICE.Lf:ndcr mAy.ni i4s option,dectare the entire balance of the Secured Debr tcn � v.�
<br /> ' b�e immediatety due and payabte upon 1he creatlon of,or contmct for the crmatioa of,any tien,enalmbsaace,ba�?±� - , �^
<br /> ar sale of ttie Property.This ri S ht is sub 3�t to the rrstrictians imposed by fedea�al law(12 C.F.Yd.591),as appli�..�,z ��
<br /> , This covenant shall run with the PropeRy und shaU remain tn e i f ect until the Secaued Debt is paid in fuU anc�c:��s . �_
<br /> Securiry Inssrument is mtensed. ;�-
<br /> 10. PROPERgY CUNDTD'ION,ALTERATIONS AND IN9pFC'i'ION.Grantor will ke.°�the Property in gqa�+�: : . �
<br /> condition and make all repAirs thAt ote reasonably neces9ary.(3rantor shall aoL ce�.�''u'rrsit or altow any was:e, m
<br /> iinpairment,or de2edorat�on of the Property. (itentor will kccp the�topertY�ee of r,;�:�ious weeds and grass�.-� --
<br /> . Crantar agrees that the nature of the ocsupancy and use wlll rtot substantially changa wit�ont Lender's prior writte� v
<br /> wasent.Grantor will not pem3It nny chunge i�any license.restrtctivo wvenaat or easement without Lende:'s prIa`r. .
<br /> � written consenL Ciran2or will natify Leader of a!1 dcr�ands,proceedin�.ciaiaas,and actions against Grai►tor,and af �
<br /> . xny loss or damage to the Praperty.
<br /> Lender or Lender's a�ents may,ut Lcnder's optton.cntcr Ibe Property at auy reasunab�s time fos th�e purpose of i
<br /> ' inspecting the Properiy.Lenttcz shAll give t3rartor nottco�nt the time ot or befasu:s�r�3nspection specifying a _
<br /> � reasanable purpose for the inspectian.Any inspection of the Pcoperty shall be en�^.tc.Il��tzs Lender's benefit and _
<br /> Grantor wiA in no way rely on l.ertder's inspcction. ' .
<br /> � iL AUTHORITY TU PEIIFORM.If(3rantor fnils to perform�ny cluty or nny of tha cavena�s cflntained in t�.;��. . —
<br /> � � Security Instrument,Lcnder may.without noticc,pertorm or causc thcttt to be performed•Graa��a apPoinis i.er�t�:': :'� .--.
<br /> � as attomey in fact to sig,n Grnntor's narne or pay any umount neses:�►ry for performance.Lende.r's rl�,tx 2a porfor�L-r�us..� � �.;
<br /> ' Grantor shall not create an obligation to perform.nnd L.ender's[oilure to(�rform w�U aot precP.�:r3l.ender frcs�.' ,
<br /> � - exercising any of Lender's other rights un�let ths law or this Security instrument.If any constntcRton c�t.is'�Pro��rt',{�
<br /> � dlsoontinaed or not carrled on in p rcasonatrle manner.l,endcr niay tako al1 steps necessary to�si.�:�I.en�er� _
<br /> � securiey interese in the PraperRy,inciuding aompletton of the construction, "
<br /> � ]Z ASSIGNI�ENT OF LEAfiES MTD RE1�tP3�Gruntor iarevacnhly�rant�,conveys and seLLs to Trustee,;��rr.st for che .
<br /> � benzfit of'Lcnder,as addittonal security nll thc rlght.title ond bterest in und tu any and all existing or fznure leases, __
<br /> subleases.and any other written or verbal agrcements f�t thc usc tmd uccu�at►ncy oi eny partion of the Pro�erty. _
<br /> � including any extensions,renewaIs,madifications or substitutions a t euc h o�,ccemen ts(e l l re fe s e d t o a s"I.e a s e s )a n d
<br /> � i rents,issnes and pro8ts(aii reterred to us"Kents").Ornotot wfll prum�tty pravldc l.ender with tr�and sonect
<br /> .. copies of all existing and futwe Leases.Grantor mey co l(ect.rece ive.eq joy a n d u s e t h e R e t s t s s o l o n�a s�'i r�u.t o r i s aat _
<br /> . )n default under the terms of tlils Security Instrument. —
<br /> Grantor ackaowledgs that thi�assignm�nt is pcdcrtcd upan Iha recordinB of this Qccd of Trust and t�::t 1.caric-�c�
<br />��� � endtled ta aotify swy of Grantor's tenants to mnke paymcnt uf Rcnt�duc or to bccame due to Lender.Ha��,ever,
<br /> � Lender agrees that only on defautt will l.cndcr notify Grantor nnd(lruntm's tcnants und make demand that alI'fur�� Y
<br /> ' � Rents be paid directiy to Lender. On recciving notice of defnull.tirantnr will endoise and deliver to Es�:cda:r:.��1
<br /> payment of Rents in Gmntor's passession and will roccive nny ltcnt�in�ru�t tur I�trdcr nnd will not commbs,�.J.ra t�e
<br /> � Rents with any other funds.Any amounts coftected will h�npplied i�s pruvided in thls Securiry Instrument. .�ars.c,:or _
<br /> warrants that rto defauit exists under the Lcases or nny applict�hlc landlorclltcnunt law.(irantor also agrees to c�i�W:n
<br /> � .' and reyuire aay tenant to oomply with the terms of thc l.cases and applfcabic luw.
<br /> ' 13. LEASEHOI.DS;CONDOMIIVIIIN[S:PLANNILD UNfr�DEV�tl[DP���;NYG'!B.(ir�ntor ugcccs to camp}y wit1�ti5:
<br /> provisions of any tease if this Security Instrumcnt is an o Icasehuld.lt the Pro�erty includes a unit in a�condomi�a�'
<br /> ' � • o�a planned unit development. (irontor will perform nll oP nrnntor'�dutics under tho cuvenonts.by-laws,or ` _-
<br /> regulations of the wndominium or planned unit devefopment.
<br /> � 14. DEF�AtJ1.T.Gr�u►tor will be in default if any pariy obligt►te�on the�ccuced 1)e;ht foils tu make payment wden due.
<br /> � Grantor will be in defxult if a breach occurs under�hc terms of this Sccurily I�i�trumcnt��r nny ather dacumsnt
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