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<br />_r B. All[utun:adv�nces ftom Lender to Gmator or other futsue obGgations o�Grantoe to Lender under any promissory ��` r�'
<br /> �" aote,cx�ntraci.gunxaniy,or ottter evidejtce c 1 debt executed 6y Grantor in favor of Lender executed after this �
<br /> . 5ecuriry Iastrumcnt whet6er or uot t�ss Security 1[astsument is sge�sally refereuced. Iimo:e than one gerson �=-
<br /> s�s th{s��a,witar,fn�tr�ten�e�c�Grantor aaees tIIiat t4is Sccurity'(nstrurttent wilI secure aD flitRUe edvaaces and ��:
<br />� futum abligations that ate given to as i�curred by any onc az mom Graator.or any one or more Grantor and =_
<br /> o*.➢tets.A!1 fuiur�asivanses and oingr futute obligatinas�re secured by this Sestuiry lnstrument even though sll or --
<br /> _ p.�rt may aoY yei be sdvanoed.A!1 future adwaraces and atiier future obligations are secnmd as if raade on the data E,, _,
<br /> of this�urity Ias�zsiment.Nothins in tHis Security Insuwnent shati oQnstitute a cammitment to maL•e addiciaaal —
<br /> � or fu4ure toans or advances in any aazount Any s¢ch commitment must be agreed to in a�pasate�rriting. -- _
<br /> _ _ C.� pefl obtig�tions Gtantor owes to Leader,whicD may later arise.to the extent not pr+otu'bited 6y law,including,hut ___ -
<br /> ;.•�' f uoi limited to.Getsilities for overdzafts relatiag to any deposit acwtaut agreement betweea Graatm aad Leuder. =
<br /> '� D. A l l a d d i t�o w l s t i m s advaaoed and e x p e n s e s incurred b y Lender for tasurin g,prese r v i n g or otherwise protecti�g __
<br /> the Property aad its vaIue aad any ottcer sums advance�i and expenses incurred Qsy Lendes vnder the tem�ss mf -
<br /> tbis Securiry YasttumeaL .
<br /> ' 'IY�is 5eaniry Instr�ment will aot secure uny oth�r debt if Lender fa7s to pve any neguiied aario°.oE tha right nf res��sion =_
<br /> ;�.�# 5. PA7f1��1�I�.Grantor agrees that all payments under the Secured Debt will[te paid when dae aud in a000rdaace �.-_.
<br /> . '`� wiW the terms af the SECUred Debt and this Secwity Instxumaen� r
<br /> 6y H1A�EtdtANTY OFqTdZ�Grantor vranants that Gran2or is or will be laatifulty seized of the es2ate conveyed by tius �:.-�
<br /> .�, t S e c u r F ty I fl s m i m e n t a n d b a s t h e r i g h t t o i r r e v a�.b l y g r a��c o n v e y.a n d s e D t h e Pro g a s ty ta Trns t e e,in trus t,wit� m
<br /> � } power of saie.Giantor also wasrants that the Propsrty is unencumbered.excepi for encusabrances of record. �.�_,
<br /> . ^� 7. PIi�QDI�S��iJI3Yi'Y�Et�l7$:RL�ZS With regard ta any otfier mo�tgag2,deed of trust,security ageeement or other lien ��°�
<br /> ,4 document that c�eated a priar security mterest or eacwnbrance an the Property,Grantor agrees: �
<br /> �.�� A. To make all payments when due and to perform or compiy with all caveaanu. '
<br /> ��` ' B. To promp8y deliver to I�nder any notitxs that G�tor receives from the ho'.d�r_ �
<br /> ':r.'+.�� G Not Yo aIIow arry modific�s or eateasion o£,nos��request any future advancas andsr a��ote or ag�nent `g` ''
<br /> secured 6y the liea docc��t without Idender's priar written consen� �.
<br /> . ; 8. CLAIMS AGAIIVST Tial.E Gr�•.ator�1�y all taxes, assessments,liens,encumbrances, I�r+ayments,ground �.T:,`
<br /> � ..: rents,e�titities,aad ottier charges r�,�ating to t�e Property whea due.L.ender may require Grantar�p�ovide to Lender �_-
<br /> ° �' copies of all natic�s that such av,�aunts are�ze ssd the rec•zipts evIdencing(dranior'��aycueat Grantar will defend ��_
<br /> ."�3. titie to the Pro�eny againsE any�ia'sms that would impair t��ien of this Security I�fi�.�en�Gr�ntor agrecs to assi�a
<br /> - ��°�� to I.endes.as requesied by Lender,any rights,daims or c�..�enses Grantor cnay have..�nst pa�sies who suppSy labor � �
<br /> �� or materials W maintain or improve the Propsrty.
<br /> ` 9 DIJE ON SAL�Odt Gi�ICUNi�3IdANCE.L.r�*3er may,aa�s option,declare the entire i�alance a���Se�ued D�t to ��:
<br /> ' �; . be immediatety due aud payabte u�pcsn tt�e ta���3�a:�ntract for the creatioa uE,t�,y liem,e�s�m�rauce,trainsfer
<br /> � "` ' or sale of the FropeRy.T7vs nght is subject ta r�cestrc4ivns imposed by federal i�a�12 GFR 391}.as ap�'.;�mbie.
<br /> �is covenant shaU run with the Property��t shall remain in effect until the Secur�Def�g���aid in full aut�this -_-
<br /> �� Sesurity Instrument is released. �
<br /> �.�.. ��: 10 PROPEB�TY COI��TPION,ALT�ItA'6'��NS AND INSPECFEO�1.Grantar wila.keep tSt=��raperty in guod
<br /> '_ � � couditian and make all repairs tbat are reasonably necessary.Grantar shaU not commit car.allo�aay waste,
<br /> � �;:<. impairment,or deterio�ation af the Property.Grantor w�keep the Property free of naxious weeds aud grasses. �
<br /> • ° • Crrantor agrees that the aature of We occupancy and use wiU aot substantially chaage without Lender's prior arritten �
<br /> � '!�` cansen�Grantos a�il!not pennit an3r ehange im any lioznse,restricxive cvvenant or easement aithout Lendei a priar . —
<br /> `�� t " written cansent(iraator wil}natify Lender of a!I demands,proceedings,claims.and actioas against Grantor,�and of
<br /> .;� any losg or damage to the Ptaperty. "`_ -
<br /> . ; � Lender or Lender's a�ents may,at L,ender's option.enter the Ymperty at any reasoaable time for the p �cr���
<br /> ::.�_�.� _ iaspectiag ffie ProperEy.Lender shall give Grantvr nz�u?�r�at the time of or bofore an inspection sp���,�fyf�,t.3�a�� �".`:
<br /> ' ' reasanabte pnrpose far the inspection.Any inspeci�oa���ho Properiy sha11 ba�enCsrely for Lender's bene8t aizd� —
<br /> . ':� �` � Grantar wiU in ao way rely on Lender's inspeetio�. . .
<br /> ' 1L A[J'�LiO�SY TO p'ERFORIH.lf Grantu�r iails to perform any duv��°�r any a€the covenants contaiaed in ttus
<br /> � ` �� � Security Instnamsra��L.ender may,vrithoui adtice,pedorm or rduse tEc�t�be�armed Cirxntor appaints Lender
<br /> �� ;�: as attomey in faci�z sego Gra.nicr's name or pay any amount necessary faz perfort7�',nce_Lencter's right to perfosm faz -_
<br /> • Gr�.:�.tor shall not rxestc an cJ�a�ation to pertorm,and Lender's faitare tu perfo.�a w�l nai preciuWe Lender from
<br />`�� .' ', exe�'�sing ac+y ot Ixadcr's other ri�pts under the law or this Security Insm�ment If any consuuction on Wa Property is
<br /> ' discontinued ar.c�r carried on in a reasorLabte manner, Lender may take all steps aeoessary to protect Lender's -
<br /> ..�. security inter�t ie�U�_a Property,including cr��pletion of the conshucfutt�: � .
<br /> ].� A�tal'vNM�I�'�`aI�t�AB!"r.,�'::+�ND RENu'S.�nintor irrevacably�rct�;conveys and sells to Trustee,in trust fqr the
<br /> . ' berr�:t5s1 of Lender,as addiiincsml•security a3.Gie rt�t,titi:.j ovd i.nterGc;..s�and to any aad all eAStiag or futvra Cr.t�ses,
<br /> . ` •suEl::gses.and any other written or verbal��cements for the�c r:�d occupancy of any}�ortiot�of the Ps��,erty,
<br /> inclusling any e�ensians,renewals,mociSratSi:�ns or substitutions of�u�a sgrecments(all referred ta s:s"Leases")i3ttd , •��--
<br /> • rents,issues anci.�:ofits(all referied to a�."Etents").Grantor w�7i pr�r��tly provide �.endet vmi�i:�nw�and 4.p�trt?at � ' �7`%•�
<br /> ' copies of all eat�rtir�,and futiue L eases.�r.w_tnr may coltect,reoeive.en3�y and use the Ytents suL�rrag as Gma�t�c�i�r�ot � • : e:•�.
<br /> i�►default under tae temzs af tlri��es;wity Instrumen� � . �
<br /> � orantor acknowledges that tit'st sssignment is perfected upon the reoarding of t�i.rt IIv�d of Trust and thai��,,:c�3ar is_ �.
<br /> ' entiticd to natify any of Gt^�!cr's tenants to make payoaent oi Rents due or to�eoome due to Lender.Hov►ever,
<br /> �, � Lender agees tlaat only on default will Len�3 notify Grantor and Grnntat's tenants aad make dn.e�aud thut all future �
<br /> Rents be pa:d r1.in.:ctiy to Lender.On rece,iv�:ag notice of defaWt,Or.�*er�1l endosse an@ da:lircr to l,ender any —
<br /> papment of Rents in Grantor's possession and w�l receive any I�ents ia taust for�:eder and�t°.'_�;uot com� "�n•��ti1�� ��-
<br /> . RcnXS with any other funds.Any amowRS coltected wii�lie applied as pravided'urtiis Security InsWmenl:�.rnntan �,..
<br /> . : wasraats that no default exists under the l.eases or any applicable landlord/tenant Cu n.sGrantor also agrees to�aintain
<br /> ..• and require sny tenant to camply witP�the terms of the Leases and applirable law.
<br /> 13� LEASEHOLDS;Ci11ilD�N�Yd1M�;P�.AI�IVG�UNTII'D�dELOFR9E�Pi'S.Grantor agrees to rnmpty with the . �'��
<br /> provisio.'►s of any lease if this Secwity Insdrument is on a ieasehold.If the Property includes a unit in a candominium �' _:
<br /> : . or a planned unit development,Grantar will per[orm all of Grantor's duties under the covenants, by-taws,or ��-
<br /> . regWatians of the oondominIum orp2aaaed unit development. --
<br /> 14 DEFtAiJLT.(irantor will be in defaWt if any party obligated on the Secured Debt�isits to male pay�rnent when dae. p�-�
<br /> Grtintor will be in defaWt if a breach occnrs under the terms of this Securiry InsVUment or any other document r.'-����
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