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<br /> 1�. All tuturc advances from l,eridcr to Grantor oar othcr futurc obligations of iirantar to�.cnder undcr�ny promissory
<br /> note,contrac:l,guaranty.or other ev9cience af dcbt executed by Grantor in favor of I.e�idex exscuted niter►his
<br /> Sccurity t��stramr.nt whethor or not this Secudty Instrument is spcciflcully r..ferenced. If morc than ona persor�
<br /> �Igns thi�Security Instrument,eacti CrAntur agrees that this Security Instrumcnt wi!!securc all tuture advances and
<br /> future obligations that are given ta nr incurred by any ane or�norc Gruntar.ar any one or more Grentor and
<br /> uii�e►s.All f�:�ui�a uciva��:�.s�ati�l u�Sk�tucura c,btigatlans arc cccumd by this Sec��rity Inst�i�m�nt cven thou�h all or _
<br /> pari may not yet be pdvanced.f�l1 tuture advanas and other Cuture obligations are secured as if made on the date
<br /> of�his Security Instnunent.Nothing in this Ss�►rily lastrumert shall constitute e commitn�ent tn rnake additional
<br /> ar[uture loaes�r actvanas in any amount.Ax�y such�ammitment mwt be sgmed to in�sep�rate��vriting.
<br /> C. Atl obligations Grantor owcs to Lendcr.which m�y later arise,to the e�ent nqi prol�ibit��l by lnw,inciuding,but
<br /> not limited to,li�bilides far ovordraits relaung to ax�y dcpait:eccount agree�r.nx b�,tween Grantor nnd I.enc�er.
<br /> D. Al!ad�iYssnal s�ms advarNx;ci Ar�d Gxpen�ea incurred�y Lender tor insurin�,pxeserving or othe�vvise protecting
<br /> the Property an�!its valua and any osh��r sums ndvuKer.ed unr�expr:nses incuared by Lender unckr the tcm�s of
<br /> Ihis Security InsuumGet.
<br /> This Security Instrument will iic,�t secure:a�y oltw:r dr_bt if Lender fails to gv�amy required notice of the right of rescission.
<br /> S. PAYMEKI'S.C3rantor agfees that ali payments under the SecurtQ IJebs will be pairl whr,n duc and in accorciancc
<br /> witli the temu ot tbc Secured Debt and thia Security Instrumen�
<br /> G WARRANFY OF'[TTt.E.Grantor warrant9 that Grantor is or w911 be lawfcr.IDj r>ei�ed di thr:estate conveyr.d by this
<br /> Securi�y las«wue;;t e►-,d�es�e ;+�r,tv irrcva.x.bly grant,cene�e�.IIili�6L�tI!°_ F`fiv?C!'E}'[O TY�lS1CC,en�tr��st�with
<br /> powcr of sAl�.Cirantor also warrants that the Propscty is unencumbexcd,except for encuiubxa.ercr.�of record.
<br /> 7. PRIOR SEC[)RflY I1�FR�S'I'S.With regnrd to any othcr mnrtgage,deed of tnut,secuFee3 agreement or oth�r lien
<br /> dacument that created a prior secutlty intcrest or encumbran�ce on the Property,Grantor agrees: •
<br /> A. To make all payments when duc and to perfcxm os comply with ell covenants.
<br /> 33. To pxomptly deliver to Lender any noiices that Cirentor receives from the ho9der.
<br /> � C. Not to aUow any modi6catiun or e.ctensiae o�nor to request�iny future advanoes wfr��r any note or agreemen�_
<br /> sec�ued by the lien docume:�t without I.ender's pribr written oonsent
<br /> S, �LlUMS AGAiNST ZTTLE.Grantor will pay all taacs,assessmeats,liei�s,encumbrancesy lease payments.�•ound
<br /> rents,utiliGes,aad other charges relating to tbe Properry whtn due.I.ender may ar.quire Grantor to prdvide ta Ixnder
<br /> oopies of sU aotices that such amounts are due and the receipts evedeacing Cyrnntor's paymenG Greator will defend
<br /> t��r..rt��r��ty aoains¢any claims ct�at woWcl impair the lien of this Secterity Irstaurnen�Grantor agrees to assign
<br /> ,-.!�p I.snder,�s requested by Leadar.auiy.s�L�.lhts,claims or defansGS Grantor may have against�uties whc�supply labor
<br /> ;�u,Fasterimis to maintain oi iv�prove the�raperty.
<br /> !..:��(i7t�E O1V 5ALE OR ENCL'MfIRANC�.Y.ertder anxy,at its option,declare the entire bala�nce of the Secv�tts�Debt to
<br /> ��;`h;�r3�tl�nGCiin?a1X due and p�yabic u�pon it►�,cr�ati�of,or contract for the crea:ion af,any lien,encumtrrsYtcc�;.f,CAns[er ,
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<br /> ot sak oi t�e;gtcmertY.Th�s right is suLyc+L1 to tlie restrictia�s im��serl by fedaral law(12 C,�?�.591)�,a�N�ptirabk..;:.'� .`
<br /> �is covz�i�i4 sha11 run with thc Pcopercy and s1taU remain in effe�s untit il�e Secured D�e�}is paid in fuU and this� ,
<br /> • • �Ss�urity IriaN�a��cnt is rekascd.
<br /> iM. �"�O!'�A'1`1i�ONDITION,ALTEitA'TIONS AND lNSlECTION.Grasixc�r wiU keep the Froperty in good
<br /> r,csndition and make all repairs ihat arc reasonably nectssary. Grantor shall not commit or.allow any waste,
<br /> i�np�aim�eat;,'�Dz dete�iorxti�n of the Y+roperty.Grantor wilt kr,ep the Property free of noxious we�ds and gasses.
<br /> Grantor a�trees ihot the aature of the accupancy and use will not substuatially change witho�ux I.ender's priar wntten
<br /> onnseM.Gra&itor wIll rNot pennit any chango ia any license,n.•strictive covenant or easeraent without Lender's pr'ror .
<br /> .,+trritien cnnsent Grantor wilf norify L.ender�f al!demcinds.proaedings,claims,and actions against Grantor,and af
<br /> ';;hdjr loss or damage to the Property.
<br /> .,.., L'rnhisr or,LcAder's agents naay�at L.ender's option,cnur thc Property at�any reasonable timc for the,�nt�ase of �
<br /> ihspecting`��s;he;�'toperty.I.Cndcr shall give Gra�ntor aotice at thc time of or before s�n inspection spe��tying a � .
<br /> [CeSOnZb�C�+'�13i�+GRC fqT thC 171SpCCtiOA.My inspection of ttac�a�u�,v�rty shaq bc entsrsZ;r:7oz IKender'�_henet'it and � •
<br /> ' � � Grantor wil��t nln way n.�y.on Leader's�ectioq. . . �. ,`�'.•.
<br /> 1Y,.;;��;T[HO�'I'Y�O lTs�{3��(�ltM.If Grantor fails��;perfarm any duty or a�y•of the covenanta coi�Znlr�e{i in this
<br /> Seaurity�I�nt,Lenfle�c may.without notioe,p�rrrPorm or cause them tu be perFormcd.Grantor a�i?i,tis Lender
<br /> , as attorney in fact to sign Cirdntor'u os�rne or pay any amount necessary for pedormance.I..endar's right Ca',}wdorm for
<br /> ,. Grantor shal!n�t create en obl�gativ¢s¢o pedorm,and L,endcr's failure to perform will�nc�L�reclude I.ender fran
<br /> ,.exercising any of Lender'�other righcs unde.r the law or chis Sccurity Instrument.If any oons'�ur�uc�on an tlxc.�q�erty is
<br /> � ��Lscontinwd or not c��te.J��n in a reasonablr, mnswer,l.ender may taka all�teps necessary to pc�:+���:cnder's
<br /> '.ser.u�ity intcrest in the Fs�.e..�C:.q�inc(uding oompieti�n of the cox►sttucdon.
<br /> 1,7:;;.��`SSIGNM.F.NC OF d.�AS�,`5 AND REN I'S.Gxantor irrevocab�;r�rants,conveys and sells ta Tnistee,in trust fos the
<br /> '.:a:caefit�f Lec�der,as acklitior�al sec�.'itj�a!1 the right,tide and i�ti���:est in a�td to any and ni1 euisting or tutun leas�s,
<br /> `�a:btcases,and any other vmtten or�est+al agreements for the fise und occupancy of any portion of the�coperty,
<br /> �Fxluding uny cxteasions,renewals,modi6carion.��at substitutions of such agrcemenu(atl rcfened to as"Leases")and
<br /> : �s�mts,issues and proGts(all refened to As"Rer.c.''�)•:.�rantor will promptly�xrovidc Lender with��uc a►td coerect
<br /> � �rwpie:of all ea�siiag aad future I.eases.Grantoe cn�}�¢dlect,reccive,en�oy a�res�thcs Rcuts so long as Grait[or is not
<br /> in default under the teims of ehis Seeurrity Iastnunent.
<br /> Orantor acknowkdges that this assignment is pertected upon ffie re�onding of this Deed c�Tcu;t and that Lender is
<br /> entitled to notity any of Grantor's tenants to make payment of Rents due or to bccoene�c�:;�to Lender.Hawever.
<br /> Lender agrces that only on default will Lcnder ncxify Grantor and Grantor's tcnants and mnlce denianc3 thnt au future
<br /> u���t:t�e naui dire�lv rn i�ndcr_Un recei�inQ nntice of detaul�GrantQr wi�➢ endorse aud delwver to[,�nder eny
<br /> payment of Rents in Cirantor's po�e�ion and wil.l reccivc any Rents in trust for Lendcr and will not comnsin�;le the
<br /> Rents with any uther tuncls.Any nmounts collc.�ted w�ll be applied as grovided in this Security Instrumeut.Grantor
<br /> warrants that no ckfault exi�¢s umder¢ho Leases or ar►y anplicable Iaadlordltenant law.Grantor also agt+ecs to maintain
<br /> and require any tenaat to compiy with tl�e terms of the L.cases and t�pplicable law.
<br /> 13�. LEASEI�ULDS;�ONWMWIUMS;PLANNED UN�'I'DEVELOPME�V'I'S.Gran�tur agrees tu r,�m}�iy with!hc
<br /> provisions of any lease if this Sccurity Instrument is on a lcasehold.if tho Frape�rty includes a unit in a condaninium
<br /> ot a planned unit devclopment,Grantor wiU perform a!1 uf G�antor's duties mider tho covenants.by-laws,or
<br /> regeilatiuns of thc condominium or planned unit dcvelo�xnent.
<br /> 14. DE�AULT.Grrantur�viU be in d�fault i'f any party obligat�d on titc Securc:d Debt fails t�muke p�ymcnt when duc.
<br /> Cirantor will be in defnuit if a orc�.cii oa:urs ur�der thc ternns oi this Sccurity Insirument or any oti�e�uu.u��Re�:
<br /> � �.7a��
<br /> o��w e■,►,M+sywrrr,r�a.a�.t�oua w l�aoo�ar-x�+�wm eE-oT�a�x .�.
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