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<br /> v Unless ath�twIse agreed in v�riting,all insurauce procecds shalE be applicci to the restor�Gon or repair of the I'ro}�erty
<br /> er ta t�e Secured Debt,whether or not then due.at Lender's aption.Any aprlication�f proceeds to princtpal ahall not
<br /> extencl or postpone th�due date of the�:hedule�l payment nar change the amumu of any payment.Aay eacess witl be
<br /> paid to the Grantor. If tl�e Prope�ly is ncqulred by Lender, �rantor's rigbt ta any insurance policies end procteds
<br /> resultiz�g fmm dama�e to the Property before the acq►iiaitlan shali pnss to i.ender to the extent of tho�cured Debt
<br /> immaliateiy beiure ciie aflqu�sitro;�. �
<br /> 2A. ESCRQW i�OR TA7CL9 ANn lN3URANC�.Ualtsx otherwise provided in a separate agreement,Gran�tor wlli not
<br /> be required Yo pay to Lendar funds far taxes and insurancs in escrow.
<br /> 2�, FAVANCIA�.RE�ORT�AIYD!►DD�IIONAL DO�CIJMEPTI�.Grantor will��ovlde to Lender upoa reyuest,any
<br /> flnanciel statenient ar informdt�on I.cnder may deem ressonably necessary.Grantor agrees to sign,deliver,and file
<br /> any addltIpnal docun�ent�ar certlfications that Lender mny consider necessary to perfect,continue.and preserve
<br /> 'Grantoi's oblidatinr�uatder tbis Security Instrumest and lxstder's 8en status on the Property.
<br /> 22. JOINT ANa INDIVIDUAI.LYAnIll.I1Y;CO-SIGNERS�SIJGCFS50RS AND ASSIGNS B�UND.All duties
<br /> under t�S.,curity Instrumen:are joiat an�i a�dividual.If Cvrnnt�r signs this Secudry Inst�um�ent but does not sign aa
<br /> evidence af debt,Grantor docs so an�ly tu martgage Cnuxtot's iaterest in the Pra�crty to secure payment of th��.
<br /> Secured Jh:bt arad C�rantor does not Rgfee to bP pc�aAnaLly Liablc on the Sr.cured Debt.Yf thiq Security Xnstrumenfi .
<br /> sccuxrs a guaranty between Lender and Graatar,(hrantor agrees to waive any rig�ts that mAy provent Lcnckr Crom
<br /> brin�ag eny oGtion.or elairn against Grantar or any party lndebted uader the obligation.These rights may include,but
<br /> �re noi 1'rmi:xd io,sr_y aQti-ck��en�yr..or o�e-�ti�n laws,C*ani�r A�rees that Lender aiad any party to this Security
<br /> Instrumen?.may exten�i,modify crr m��te any chan�e in the tero�s of this Security�astrurRs:cii-Or any evidena of debt
<br /> without.G•r}u►tor's consaat. Such a c2innge will not rel�as�Grantoc from the texms of W7�.Seeurity Instrument.The
<br /> duties and�aneSts of this Security Instrument sh�ll b�nd and b�ne5t the succcssors and assi�n�Grantor and Lencier.
<br /> "�3.�A!li3CABLE LAyY;SEVE1tMIL1TY;IM'�:�2�'�EE1'ATIOI�.T4�is Satiu�ity Instnunent is govemed'by the laws of
<br /> tl�e jurisciiction iu which Y.ender is located,except to the extent otlierwisa required by the Isws af thc jurisdiction
<br /> where t1ie::�'rroperty is located.This Security Instrumeat is compl�te und fully integrated.This Security Inst�nt may
<br /> � nat be �aended or modified by�ai�al aprecment.Anp secxia�t'Jn this Security Instxument,attachments,or any
<br /> agreement nlated to the Secured Debt that conflicts with appl3pblt law wW.Ap�be effective,unless that!aw expressiy
<br /> o�impliedly pen[tils the 1�ariatioes by writte[�agtCemCt�t.1f any s�ctio�i of tYvs Se�urity In.�trutnent caanot be enfaoed
<br /> ' ac�rording to ita terms,tlu�t section will Me severed and will not affect th�enforce�bllity of the remainder of this
<br /> Security Instrument.Whenever ust�1,tLo singul¢r sfial!include t�e plurat and the plural We singular.'Yl�e captians and,
<br /> �ca�':;.��!�.�^^o af:fs't°�....b° t.t.�It!'tzt:..�tst azt f��ziYe��n�A nntv Ahd ar�.u►t.tn tw��neii tn intemret.ri�
<br /> ' : de6ne the;�ern�s of ths 5ecurity Insixitmtnt.T"uno is of tbe essence in this S�curity InsmimeriG '
<br /> • � . .�nA.'SUCCESS�R T1tZJS'I'�P..Lender. at Lender's option,may from time ta time remov�Trustec.and eppc�nt a
<br /> �successor tnutee w��l�out any other formality�'tnan thc dasignatioa in vrriting. The successor ir•i�`stec�withouc
<br /> ' • � �oonveywce of�the F�ra�e�ty,sha11 su:cceed to all�.h�title,povrcr and dutiea coM�erred upon TrusttS.�y�Tl�is 5oc�uity .,
<br /> ' Insttuarn�n�nd sppGcablc taw. . ' ,
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<br /> � ZS. rKITIC�.Unku othawi�e required by law,any notice shall be given by deliverinig it:t�r by mailih,�it by fmt dais
<br /> � mriS to the ap�prnpriate�uty's�on�ge 1 of tl�b Sec�uity Instrwu�e��►r w any other add�tess desig�ted ia
<br /> wrciting.Notia tu one grar►tor will be damed to Me a�c�tice to at!grnntois. ,.��; ' � .
<br /> 2E.��AIVE�.l.Except.ta the extont prohibitul by lativ;Grantor waires a11 appraisement and homestead.aktmption rieMa
<br /> ' rtlstias w the Proptrty.
<br /> . Z"J. O'11lBA't'lRM9.It d�ocJced.the folla+rr(�are applicable to tl�is Secnrity IrtstrumaYt: ,
<br /> $Y Li�e�t Kk�lit.The Secured De�,t i,ncludos a revolvi�ng line of crcdit provision.htthough the SecurQd Debl
<br /> � m�y be reduced ta a uro balence,this SCCUriRy Insbrument will ren�►in in effect until releasQd:`•
<br /> ." �1 C�t�or.This Security Instrument secures an ohligadi�i�ineuntd for the co�Ictititctiou of xn�
<br /> ia�provemcnt on the Property,. . • ;, �
<br /> ❑ �l�r�,,Grantor gra►St's•.:�u Lander a security�n�t�tesS in sll goods thAt �xAr►tor owns now oc in'C�j�;
<br /> futan and that ace or will bacdme 6xtures releted to �7�e Pxoperty.'This 3ecurity Instrumertt suffices as k
<br /> 6nsnciag Matement and any carMn,phwtogcaphic or other reproduction may bc filcd of record fdr p�upaes
<br /> of Actide 9 of the Uniforat Comm�rcial Csxk.
<br /> �� ❑ RiiMes.The oovenants and agrcements of each of the ride�e clteCkCd below are incorpo•nted iato and
<br /> `i. �uppknneat aad unend the t�xms of itris Security Instrument.[Check al!vpplicable.boxe�] �
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<br /> .5llGNATURF.S:By aignic�g belaw,Crraz►tar agrees�CO tt►a terms and covenaots oucitained in this Secw�ity Instrument and in _
<br /> any attaclunents.GrenWr aLsn ackncyw5r�.i�gos rcceipi oF a copy of,this Security Yasm�ment on thc date stated on paae 3:: •
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