Laserfiche WebLink
.. �� . ' . . .. . . ___`_:�-i�1_ -_ ' •__� ._ _-Y -_ �._" <br /> S� <br /> �a- ����� �� <br /> B. All future advanc�s Erom Lcaikr tu G�antur ur�utu:r futur�ubligatians ot Gr�nlur t u iny pri���lssury �„_ <br /> note,ewitract,guaranty,or wher evicl:nee uf�k:bt exeeuteJ hy C:rantur ia fa�u►uf[.�nJ�r exccut.c!uttLr tF.is � <br /> Sccurity Ins'.rumcnt Khethcr or not this Secw�ity Instrumcnt u s�cifically rcfcrcnccd. If murc ttwn��n� r:rx�n �= <br /> signs this Secu�ity Instrument,caeh Grantar agr��s that this S�curity lnstrumcnt w•ill xcur�;ill t'utu�c advanus uttd <br /> future obtig:,tians that are given to ar i��cu�'red by�ny��n:: oe mi�re Grantur,i�r a�ry�uk��r mur�(:rantur acut �s- <br /> cxhers.All future mlvances and othcr fuwre ahligativas are sc:cured by this Security In�trumrnt c��rn Ih�x�gh all ur �� <br /> part may not yet t�e advanced.AU iuture advanc�:s an�othcr fuwre ubligatiune are secur�d 3�if maci�on thc dalr '__ <br /> uf this Securiry I!uirwnent.Nothing in this Security Instrumcnt shall a�nstitutc a ccunmitnunt t�►makc u�ciitiwwl �'' <br /> ar future loans or advanees in any amount.Any such conuiutuient muct t�:.:�grecd tu in:�wparate writin�. � <br /> C. All obligAtions Grantor awes to Lender,which may latcr ariu:,to thc ex�ent not pruhihitcd by law•,includi�ig,hut !__ <br /> not limited to,liabilities for uverdrafts relating to nny deNosit accaunt agreement h�:twecn Grantur un�l.c:nder. _ <br /> D. AU addilional sums advanced and ezpenses incuited by L�'nder for insuring,preserving ar��therwise pratccting � <br /> the Property and its value and any other sua��utvanced and cxpenses incurred by Lcnder under the terntis ot -- <br /> this Security Iastrument. <br /> '(bu Securiry lasuument will noi secure any other debt if Lender fails to give any requircd notice of thc right of rescission• <br /> 5. PAY11tENY'S.Grantor agrP.es that ail pay�nenu w�dcr the Secured Debt will be paid whan due and in aaordance <br /> with the t:mu of ttu S���t:c'ed Debc and this Security Iruuument. <br /> 6, WARRANIY OF 7iY`tE.Grantor warrants ihat Grantor is or will be Iaw�tuUy�eized of the estate conveyed by this <br /> Security Instrument a�d has the right to ircevceably grant,convey,and seU the Property to Trustee,in trust.wilh <br /> power of�ale.Grantor also warrant�tR�t the Property is unencumbered.except for enc�umbrances of recora. <br /> 7. PitIOit SECURI'IY INTERFSY'S.�ti���h regard to any other xnortgage,deed of trust,security agreement or other lien <br /> docwnent that created a prior secuiity u�terest or encumbrance on the Property,Grantor agrees: <br /> A. To make all pa��menu when due and to perform or comply witl�all covenanu. <br /> B. To procnptly deGver to l.ender any nadces that Grantor teceives from the holder. - <br /> C, S��t to allow any modification or extension of,nor to requE:st any tuture advances under any aote or agreement <br /> �,curzd by the lien docuinent without Lender's prior written consent. <br /> 6. CLAIMS AGARVST TITLE.Grantor will pay all taxes,assessmenu, liens.encumbrances,lease payments, ground <br /> renu,utiGries,and other charges relating to the Property when due.Lender may requira Grantor to provide to Lender <br /> copies of a!I notices that such amounts are due and the reoeipts evidencing Grantor's payment.Graator wilZ defend <br /> titte to the Pcoperty a�uuc aaY�laims that would impair the lien ot this Securiiy lnstniment.Grantor agn.'es to ass� <br /> to I.ender,as requested by L.ender,any righu,ctaints or defenses Grantur u�ay have agai:st Parties���:�s�PF-Y--- <br /> or materialc to maincain or imProve the Praperry. <br /> 9i. DUE ON SALE OR E�ICUMBRANCE.Lender may,at its optioa.declare the entire�a�ance of die Secwed De�t� <br /> be imtnediately due and payable upon ti�e creadon of,ur contract for the creadon of,any lien,enctutt[+aiacc,transfss <br /> or sale of the Property.'I7us right is subject to the resuictions imposed b}•federal law(12 C.F.R 592).as appiicablz- <br /> This covenant shaQ run with the Property and sha1J rem�aiu ia effect until t6e Secured Debi is paid'w full and tbis <br /> Sectvity Inctrument is released. <br /> iQ. PjtOPERTY CONDI730N,ALTERATIOPIS AND INSPECTION.Grantor wiU keep the Property in good <br /> candifeon and make all repairs that are teasonabiy necessa�y.v�ani�; s.ati r.�i:.��rsit �s °,td�`» a��!!+AscP, <br /> impairment.or deterioration of the Property.Grantor will keep the Property free of noxious weeds and grasses• <br /> Grantor agees that the nature of the occupancy and use wip not substantially change without Lender s prior writcen <br /> consent Grantor w9U not permit any change in any license.restrictive covenant or easement without Lender i prior <br /> wriuen consent. Grurtor will notify Lender of aU demands,proceedings,claims,and aciic►ns a8ainst Grantor,and of <br /> any loss or darnage to the Property <br /> Lender or Lender's agents may.at Lender's option.enter the Property at any rcasonable time for the purpose of <br /> inspecting the Prope�rt t�n�der�Jn�Ane�ran�on ofcthe pioe time�oafuor�bep�el far l�,eCndei s benefit r nd <br /> _ reasonable purpuse sp� Y . Pe Pe Y Y <br />"'- Grancoe v�ill in no way rely on Lead,:i s'v�specuon. <br /> XL ALPfHOltl7'1''[O PERFORM.If Grantor fails to pedorm any duty or any of the covenants contained in this <br /> Securiri,Instrumeat,Y.ender may,without notice,perfonn or cause them to be perfomned.Grantor appoiats Lender <br /> as attomey in fact to sign Grantor's name or pay any amovnt necessary iue r,e�a,-r►a,-+c�..L:.r.L:.:'s rig,h:to��or�for <br />- Grantor sball not aeate an obligation to perform,and Lender's failure to perform will not preclude Lender from <br /> exercising any of T.eader's other rig�ts under the law or this Security Instrument.If any coa,tniction on the Property is <br /> discontinued or not carried on in a reasonable maru�er,Lender may take all steps necessary to protect Lender's <br /> _ security interest in the Property.including coaapletion of the wastruction. <br /> 12 ASSIGNMENT OF I.EASES AND REN'TS.f rantor irrevocably grants,oonveys and sells to Tniste�.ia tnxsi for the <br /> bene6t of Lender.as additional security all tt�e right,title and interest in and to any and all existing cx future leases, <br /> subleases,and any other written or verbal agreements for the use and occupancy of any partion of tl�e Property, <br /> �neluding any extensions,renewaLs,modifications or subsdtutions of such ageements(all referred to as"Leases")and <br /> tents,issues and proSts(all referred to as"Ren:s").Grantor will promptly ptovide Lender with true and cosrect <br /> cc�pies of all existing and future I,eases.GranUx m�y collect.reoeive,eajoy and use tBe Renu so bag as Grantar is not <br /> in default under the terau of thcs Security Lutrument. <br /> Grantor acicnowledges that this assignment u perfected upoa the recording of this Deed of Trust and ttut I.ender u <br /> Enridcd to nuEifl an)of Grantor's tenant�to maSce paym..�t of Reais duc ar to become due to Lender.�iowcvor, <br /> Lender agrees that only on default will Lender notify Grantor and Grantor's tenants aad malce demand that all future <br />— Renu be paid direcdy to I.eader.On receiving notice of default,Grantor will endorse and deliver to Lender any <br />-- payment ot Reats in Grantor s possession and will receive any Rents in tnLSt for Lender and will not comtningle the <br />— Rents with any other funds.Any amounts collected will be applied as provided in this Security Instrumeni.Grantor <br />:i warranu that no default exisis under the Leases or any applicable landlord/tenant law.Graator also agreesto maintain <br /> ; and require any tenant to camply with the terms of the Leases and applicable law. <br />= ]3� LEASEHOI.DS;CONDOMINIUMS;PLANNF'-U UNIT DEVELOPMENI'S.Grantor agrees to comply w�th tlse <br />° provisions of any lease if this Security Instrument is on a leasehold.If the Property includes a unit in a condominium <br />--;, or a planned unit development, Grantor will perform all of Grantor's duties under thc covenants,by-laws, or <br /> � rcgulations of the condominium or planned unit development. <br /> 14. DEFAULT.Grantor will be in defaWt if any party obli�ated a�the Secured Debi fails to make payment when due. <br /> Grantor will be ia default if a breach occurs under the tenns oi this Security Instrument or any other document <br /> (pipe 2 a o) <br /> ,� O tYi�lriba SyMM�r•Yrc.S1.Cbud.Mi I1�OGJ�7•2911)Fam RE-0Tdir LL9�1 <br /> � .. . . . . . .. - <br />