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<br /> g. Al!fut�uc advgnoes fmm Leader to Granior or other future ohli�ations of Gsantor to Lender under any pxamissory ,�
<br /> ante,eontract.gttarn�tty.oY other evidenoe of debt executed by Grantor in favor of Len�er executed after this _
<br /> Security lustmm�en3�ahet�ee or noi t�is Securityr Instbva�ent is speciEcally refereaced.If more than one Ferson �
<br /> signs this Security iastrument,each Grnator agrees that tlus Security Iastrumcnt s�l secure aiJ fulure advanees and �
<br /> - fiature obiigatiens that are given to or incusred b�yr any one or more Grantor.or eny one or more Grantas and
<br /> ,, athets.All futur�advanres aad other[uture obligatioas are secured by this Security Instr�meai even thaugt�a31 ar _
<br /> ' part caay not yet be advanced Alt future advances aad other f�ture abligations are secured as if made on the date —
<br /> of this Security Iastr�e�.�tothiag in this Secuzity Insttumeat shall wnstitute a oosnmitment to make add'itioaal �`
<br /> "t or futtse toaas or advauces in uny amounL AnY such ccmm�t�ent must be ag�eed to in a separate vwriting, p�:
<br />, �C. All obYgations Grantor ow�s to Lender,wiur6 may later arise.to the extent not p-ohibited by law,inctudin�.but _
<br /> not i3mited to,tiabilities for overdrafts relaring to at►Y dePasit acoougt agFeement between Grantor and I.ender.
<br /> D. All additional sums advanced aad eapenses inc+ured by Lender Por ins�uing,preserving or otherwise protecting
<br /> th�property and its vaIue and aay ot�er snms advanoed and expenses inaured bY LendeT under the tetms of .r
<br /> � this Security Instruman� `
<br /> 'Ihis Security Inswment will aot secure any oiher debt if Leader fails W give any reqvired natice of the ri;h!of re�isson-
<br /> S. PA�R�I�flS.Grnntor a�ee.s tliat aU paymeats under the Secured De�t ur�I be paid when d¢e and in acmrdance e
<br /> with the terms of the Sec�rred Debt and tbis Seauit5+Instrumen�
<br /> �. �pARRArPi'tt OF�.Graator warra.�ts that Grantor is or w�l 6e IawfulIy seized of the estate convey�d by this
<br /> Securiry Instiument and has the right w irrevocably graat,wnvey,aad sell the Property to Tn�ste.�,in trust,vritb
<br /> • pQUer of sate.Grat�tor aLw wan�aats thax the I'roperty is uaeacumbered.encept far emarmbrances of zecord. �.
<br /> 7. E�L[�f�SE�UR1'i'Y I1�ITERFS'i'S.With regard to any alher martgage,d�eed of trast,security agreement or oilu��� -
<br /> �ent Wat created a priflr sec+uity interd-t or eacumbraace on the Property,Crrsuiwr ag�ees: s�:
<br /> ' A Ta make all paymenu when due and to perform or comply with all coveaants. _
<br /> - B. To pram�y deliver to Leader aay notices that Grantor tec•�eives 6rom the holder. -
<br /> • G Not to altaw any modification or extension of,nor ta requesc aay futm'e advances�nder any note or agreemeat
<br /> sec�ued iry the�ien doa�tent without I.eader's pa4r written consent
<br /> 8. CLAIMS AGAINST TiT1.E.Crraatar w�71 pay all ea�es,a�ents.liens,encu�btauces,lease payments,grouad �
<br /> rents,uh�ities,and otlier charges relat�ng to the Psogerty when due.i.ender may ceq�aite Grantor to provide to Lender -
<br /> c�opies of all aotiees that suc;h amounts are due and 3�e reeeipts ev�denr+ng Graator's paymens.Grant�r w�t defend
<br /> . fitIe to the Property against any claims t1�a�would impair tlie lien of this Security Instrument Grantor agrees to assign
<br /> ta.F.�der,as requested by L:nder,anY rights,claims e=defenses Giantor may have against parties who supPl�►1abo�
<br /> . . �iriis�zrials to maintau►or�nve the Property.
<br /> 9 I3�'�ON S.a►1�OIt ENCUY�RADiCE.I ercder may,at its option,decl�re the ez+�rre balaace of the Secvre�£t(A�I�t to
<br /> ¢��,s�fer
<br /> be immediate{y.d�ae and payaUle apoa the�ation o�,or contract for th�creatton of,ang Gen,encumbrance; �-
<br /> or sate of the�Fi'rsp'..rty.Tgus right is sub}ec�c�the restriarons impa'�4y federallaw(12 GP.K.591),as agp�cable.
<br /> '. � Ttis cavenant��.�+u►a+i t h t he P r o p e r t y�d shaD remain in effect�nt�the Secured De6t is paid�full aad this
<br /> Secusity Insiramcrtt 5s relr,ased _
<br /> IO PROPERTY CONDITION,ALTEBA'iTUNS AIoID tNSP�Q.°ITON.Grantor will keep the Pcopertp im good
<br /> condition and make all repairs that ate reasonably necessary.Grantor shall rnot cammit or aIlow any waste,
<br /> • impa'vmenL or deterioration of the Prog�.'Grantor w�l keep the Property free of noaiaus weeds�ad gxasses.
<br /> ' Cranaor agees that the nature of the occapancy and use will not substantially chan�e without Lender's prior wntten
<br /> � consen�Grantar w�l not permit any change in auy�IiceASe,reshicxi�e oovenaat or easement withoui Lendec's psior
<br /> ., �vcitten eansent.Grantor wi►�c cotify Lender of all dem�.�ds.proceeding,elaims,and actions against Gxantns#aad of
<br /> - any loss or damage to the Fresperry. .
<br /> . I.ender or Lender's agents may,at L.e�der's opSon,enter the Property at any reasonable tim�fos tbe pLrpose of
<br /> inspecting thC:�perty.I.eader shall pve Grantor notice�at►he time of or before an imt�ection specifying a
<br /> reasonabte pir�se for the inspcction.�Any u►spectian of the PropertY shall be entirety fo:D.ender's beneiit aad
<br /> Grantor wi13 in no way rety oa Lender's•ihspection.
<br /> ' 1L A�dJTHORYd`Y TO PERF�IRI�Y.If Grantor fails to perform any duty or any�x�the covennnts containetL ia t6is
<br /> Security IaStrument,Lender may,withuut notice,perform or cause Wem to be perfomted.Grantor appoints�.endes
<br /> as attomey ir►fact io sigA�rantcu's nanu�as gay aray amaunt necessary for perFo�ance.Lender's right to perfarm for
<br /> �tantor shall nat cnate an obliga�ion tn•ts�:rfoim.and Lender's fa�ure to perform will not preciude Lender ftom
<br /> ' . � �.�,�:zcising any of Leadet's oiher rights .�uu.�er the law or this Security Instrumea�.If�ny constructcan on the�ttx�eriy is
<br /> di:s+sontinuecl or not cazried on in a reasaaab2e manner,Leader may taice all�cs?�.s necessai5+to proted,t�:3ader's
<br /> . security interest in the Property,including oomp3efion of the construction•
<br /> � A��GId",Yl�NT OF LEASFS AND�P�'S:G�rantor irrevocaDly$ta��is,�onveys and sells W Tr¢stee,in trust far the
<br /> � benefit of I.Gisr�er,as additional security 3)'3:ihe right,titte and intens.yi in and to any and sill existing or future.leases, :
<br /> � �� su6Ieases,aact anY other written or ve�ai agreements fo:the use��ad oocupaacy of any portton of the Property;
<br /> incIuding su►y extensions,restc�v�,modificatians ar substitutions of sucb agree�ats(all refened to as"�a�.:s°)and .
<br /> � i4'Uf't1,tssues and pIOfits(ai�'r�fened to as"Rents").Grantor wiU promptty prac�de Lender with true anc��aarrect .
<br /> �cpi�s of alI eatisting and futtue Leases.Grantor may coltect,rewive.enjoy and usc:c`�ne Rents so long as(3nauva��is noi .
<br /> in defaWt under the terms of this Secu�,tity Qnstr�men�.
<br /> Grantor acknawledges that th'ss assigna'�Lat is gerfected upon the recording of this Deed of'6r�t and that b.ender is�
<br /> entitled to aorify any of Grantor's tenants to make payment of Rents due oz ts> become due to Leud�e:f�4wever,
<br /> : Lender agees Wat only on default will Lender notify Grantor and Grantor's te�ans�end make demaad t�siit�31�future
<br /> Rents be paid directly to Lender.On receiving notice of defanit,Crantos wili endoise and deliver to Lender any
<br /> payment of Reats in Grantor's possession and will receive any Rents in trust for Lender and will not commingle the
<br /> � .. Rents aritb any otIier funds.My amounts collected will be applied as provided in this Securi.ry InstrumenL Grantor
<br /> • ' wanants that ao default exists under the l.eases or any applicable landlord/tenant law.Grantor also agrees to maintain
<br /> ' and require avy tenant to oamply arit�the ter�s of the Leases z+nd apFtirabte law. .
<br /> 13r LEASEHOIAS;�ONDOMBV[UMS;YLA1lT1�1ED UNY�DEVEIAPMErT15.Gtantor agrees to oomply witb the
<br /> ", � provisians of any tease if this Security Insm�ment is on a leasehotd.If the Property includes a unit in a condominium
<br /> ' or a planned unit development,�rantor will perform all of Grantor's duties under the covenants.by-Iaws,or
<br />' regulntions of the condomuvun or piarmed unit development.
<br /> � 14 DEFAULT.Grar�tar�vill be in defauit if any party►obligateJ on ihe Secured De�t taiLs to make payment when due.
<br /> ___._ ,�r�;,=�;;;�;����t�,�t�f a(►rnzGh nocuts under We terms of this Security Instrument or any other dacument
<br /> . (pag�r2al4J
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