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<br /> 8. Ail#�t�_ad��2s�Len�r tm t3rautosox o�h:r futix�x��."'r�,,�.'�'.:of Grantas to���cc��r�y p " �y =_=__-
<br /> ` nQ�,��_�'•os oaher e�idemce a�clt4��ea�:e�A�rf C3ra�tor iai favor Qf�m�za e�s�!ea eRet t� . ;�r„�;:-
<br /> �ry` �.,�i�.:eth�r�ax not tt�is�ril�Irsr�ea'��S s�ficaIly refesen�.It a�a7e tFs�.�aae pe�Qn �H _
<br /> ;.' :-` '��.R 't�vs Ser�ritp i�a�-`���ea��'iraa2tsr��s tl:at this S�susity I�meat will�eecm���f��vaztr.es attd ��
<br /> .."t'� ' tut�us obfigaEfonF t�a3 ate�+�Ep o��ed by aay ane or more Grauior.or aar���mT�'�Qin�i�or at�
<br /> '' ' �LC�s.Ail futue e�����.�er future ob�ga'�c�are secarzd�Y tivs Secunry��'`.�3�`ca t6rs��It atl or �-�--�_
<br /> z�:., --
<br /> 't y5`���� ma nat �b�r.�h'aa��feeture adva��.^d cxker tutuse o�Ggateans sare sc�d���e n�e ehe @ate __.
<br />;r::� , ,a.. F� Y � Na m tItis�.'�:lr��3 shall eonstitute a oa�:*.'�',st to a�a.lce��ieional �
<br /> � o�8�Securi•'F D���. �S� m• .�, t t�.se be d Ea ia a sap�a=r�i~ar� -
<br /> Seeu i �,�
<br /> --�,� - a�€�:i�e i�sva��si�auY ama�4.As��a�--�� � �''�� -
<br /> ; , `.� C. AFi��r��-�,f`xr�'�o;�es to Lender,whicd����f�a��to�eat�nt aaL proSni'6it:d 6�}F.�er,i��3�,E�.9 �t--_
<br /> ''�,,,:;.'; Ye ^ea E� � ��'�at a¢�eemeut betwe�a�f£�'-a�a*�fi.e4�?t
<br /> =s;;'r�,l,:+' G�2i�rt�Fay,t2�"�.,�ffr_'cxVV�tdtsfis lat�,s li �`� �;:_.,'
<br /> °','•'''t �. Ag�*+te�ey=t1��•"'s.�usec3 aIId Es�€n&es�'���d�fo�ms�i�$,presetvia��o'�a�.se��cia� =
<br /> "r' ., �iR.s an�d any otFcer�s����imcumed by�^•�'•a cr�ea t�t�� —
<br /> '`;�;,:�'•,�;:, th�pt�eaQgr vaIue —
<br /> >;r;,.•:_� i2tis�tElji��'�i
<br /> ;�t-,r..-; j'��$"i�EI f�S LO�1Ve 8ojt[CQI11T�nOCI�'�$��sE 0ff T�3StAZL ---
<br /> �iJl.���"i�"`'.o- �13.�'fki3f.�d0.S��C��CiIIEll��f O�.'87i�E�'+ i1 ---
<br /> r:<;'�1;""� Ilebi w�71 be �$�:��'•'�����4f�� --.
<br /> ��: `•.:, S PAIt'i�i�Cra�:�oa a�es t�aD p�aym�nt�tcrri�s the Secured F��
<br /> '`"��:�,��. uitat�eezr��3�S�-�edDe�iandthisSecuzi�y'�"��- -
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<br /> � �. WARItAN'�i[3F"�iII�3E.4'ita_*•'sQr warrants t�2i�?as is or will be lawfu.�ses�d r�II�c as3�*_�oag�eyed hp t�ss �;-s._
<br /> ;% '�.� Security��t�d�',�t�.right to irreva�lg�aaf.canvey,a�d��1�P�rape�y t�'��,in tstsst,� �,:=_
<br /> .. pocrer c�s�g.Gss�s�a�o�-a��s chat the Prop�e�V's.c�.��.�'.ierec�4„¢��'i����n�ce�i�. �,;;
<br /> 9
<br /> �.::, 9 �����1�� ` CG.'II12X5[OI O�P:j;E$1 -, ' wir.-
<br /> ;,:,,, ��Vit3�regard ta a�y c�c3r��sa�.tL�e7 mStru,.'�,secu7i:'Y aS , _
<br /> docame�t2�at created a priar sec�rity cnterest or eacva�brss�zarrt O�e�mPert3►•Grasttor a�es: �-_
<br /> �.�,"� ' A. Tomalce all pay�entswhen due atcd w perfox�or comp�,�witpi ali covenants. �::
<br /> a . ; .. .. .
<br /> '� - B. TopzompSy dei�iver toLender any aoiises B�L+Gra�t�r rzceives€n�m ihe ho2der .;.. �c �:
<br /> �����:.`�,'`:� ;-;' G Not to alloav anyr modi6cation or exteasla�a�nor to request any.fun�-�advaaoes under any ar.:uepr a�reem�nt
<br /> � •<�td secur.d by the lien dcscument without LeL,�'.,�'s prior written consea2,- �� -
<br /> �: ,��`:�, �.taxes,assessmenis,liens.encua.b.rances.Iease payments,�ound
<br /> �. . �" .: g, GLAItHS AGAIN�T TP�LE.Grautar wi}I pag�. .—_
<br /> . ,;_:�,F"�:.�. when due.�.ender may re4uire Granto:to prAVide to LendFr _�
<br />�,':,,�;.. ,-.. . �rents,utilides.and other chatges relatiagto the F��ert3► i,,;;
<br />�-�;,<. capies of aD n,btices t.ag�s�amounis are due,autul:the receipts evidenran��rantot's paymen�CYra�tt�?:will de:end _
<br /> ��;� ; :'. titte to tbe�r�periy�x�$ait;�aay claims that wai���SP�t�c lien of t�is Sec�r'-�.�In.��tntment Gaantor r,�es to assigp� .�;
<br /> pe arties�.�t�a�pply Iabar
<br /> . to Lea�;;ns,s.�que���+Y Lender,az►Y rig�►�.s,d��t�.or defenses Gra�tor ttra'iy�ye again.�!A . ..,
<br /> "' ,rr.�� . � ar mat2a�ii(s ur��aintain at impxove the Property � . . . �
<br /> 9. ���������y��,��.���,d�;s�Y,at iis a�tiaa declare the eff��sn;.�of the S�ed D�i1`fi`u� �
<br /> . . be is�mediateh,r d•ae and payabie upon th�crea�i��o�op ecv�traet for the creatioa of,arpS'�ien,�na�i��ce,�r � `
<br /> --= o�s a l e o f t h e Pr o p e�t y.'�is right is subject tc x2�c tt�txiscia�s�eposed by federal iaw(12 C.F.R.�a��`t; , �p p _
<br /> •- . '�s cavenant s7raa rw-�with the P¢n�►ertg a.�;�hfLb fewai�in effeet until rhhe Secu r e�De b!•is.�t Ear n l i��i l�d 4�i�. . =
<br /> :.. �' �:s`'` Secvriiy Iastntment is released. . :. •,� . _,,.:` _
<br /> � 10. PROPEBTY CO1VIDi'P[�N.�'1;9E��R�i'l�ti a:°3�s AladlD➢IQiSP�C�Ti�I�.Grantoz vr�1.�,D£i��`.�e Pro�ara.Y in g°°d --
<br /> � ,� .1 candition aafl�a�e.a�3 repairs t6at are rsasaaablg necessary.GYaator shall noi�n�n:i oi allaw any waste. _-
<br /> . � impairment,ar�ees�ioration.of the Froperty.�tpr wil:l.keep the Propesty free�f diat:'�aw�a�ds n��� �^
<br /> Grantar a�rx�t�1fie nature of the oECUgan�a�a3 t�e witl nat substantially chaage wi.thir�t I.en�.,�ap _
<br /> cansen:s.i3��c�.'.o:�nut permit any change ia aay t�bCnse,cestricxive cor•enani and aci�'ans ag�inst f Gaut�nr�a d oi.� .
<br /> . ;<�� � o Lender of att�ffiands.�pcee�lings.claims. , . -,. _
<br /> writte�r#��-�'i:aAwr w�ll u tify :;: . , �°•".,• .:
<br /> w �.��1�,�.,;
<br /> . . any loss�d�.age tn the Prageriy. : �?,�:�(.1����`:�� --
<br /> 8. A�t�4 ,
<br /> � Iender o�Lendet's ageats may,at Lcuder's���n.enter the Property at any reasonabbe Si�,��! '�%�Rec' utg��� .
<br /> . ! pro e . Lender shall�ive���`�o.r norice at the hme of or befare an tns�ic.r,��i��,:� �� ��
<br /> . 6nspecting the P �5► fl.An �ufion af the Progerty sh�ill be entrrety for.lu�ii��l�f',.�,�ene�t Anc� �m
<br /> , �- � reawna6le purpose for the iaspectio y�1� . ,.,�s�::r.;;
<br /> ct
<br /> �� GrantorwillinnowayrelyonI.ende�su�;''_ �``::, �.,.;;{�•,t��J�
<br /> ' iL AIPfHART�"Y�O�'�RE�OE3�.If Grantop t`.��,to per�orm any dnty os any of tTae''t��renasl��q'taiitad,ip:�il!�
<br /> rform or cause them to bc performed.Grantu p ,�... (�_'
<br /> .. Security Instntment,Lender may,without aa�.+:;,'� �� � � ,
<br /> for zfarmance.Lender'�t� ;1���,'►�r1AX���.
<br /> as attorney in fact t�:si�.Gtantar's name or p��i nat�7�o�t necessary 1� �i
<br /> �°. . . ' . Grant�nr sha�}noi sx�r�'i�an obligation to per��=;and L.ender's[aiIuze to peiform will not pseh�b( .1��x„��►j� ,.; . ,.,_-
<br /> �� �� �� exerc�i�u��nyafLead�r'satherrightsunderthel,`�wortbisSecurityInsWmen�ffanycoastrucuon�ontlic��?tt�}�i��i�t�Y�J:':'...�•`--:
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<br /> d!iscon�u�n��c�9 ar not ca�ried on in�reasonable manner,I.ender may take all steps necessary to psatect:l:cvx��i�t:���:' � y_
<br /> .. . se�urity interest in tfle Property.inct�ing comp2etion of the consuuctian. :�+::, �
<br /> � anu,wnve and sells ta Tnutee,ia trast�bi t6e
<br /> ' � ' ..21. ASSIGN14�Nf'OF LEASES MID I�EPTiS.��tar irrevocabty gr YS �
<br /> � � benefit of Le�der,as addi�anal securiry alT Ua�:'.f�:?�►t,title and interest in and to any and aU exisHng or tuture leases,. .
<br /> � � subleases,and any other written or veri�al a�q:tv�ments for ihe use and oczupAnCy of a�►Y Ponion of the Prapetey, . _
<br /> , including any extensions,reaewal�,s�adifications or subs6tutions of sucb a�eenzenta(t�l refened to as"L�s�")�d _
<br /> . .� rents,issues aad pmfits(all refc::ri�k:.�ab':"Renu").Grantor will promptt�;pit�v�d�i`�.�:tm�ter with true and correct
<br /> copies of all existi��and future Leas"s:�',���.'1t,may collect,receive.et�jay�ud,llsc:tff�s�i�N��lR so tang rts Grantor is na3
<br /> , ,� �, ,,
<br /> in default under t��t s.��ms of this Securityr u;ntacmr�enL . • ` ��•:��:(;�.�.�; � ,
<br /> . � Gramtor asknow:i:t3�,�F;S tll�t thLS aSSigAIIt�C.]%�,i4t�feCiP�upOA th0 RCCQi'dJ1tS�41�iT1lti lt}}',�����iiTi'�'�tt4l�:flr���that Leade�r.is , .-
<br /> . ' , en4iw�ta noti�y��of Grac:ar'st�nanLS�i��ake paymenE�o�;XtCUtb`ilua oi tti+�e:itiu�di�§�I�ti��C't'���►t1�r.I�IaRvoi'��., ,�• -
<br /> ' ' . L,ea�'a.�ees t��ai only on�efa+i4V:k'=�i1 Lendei notify Grantor and l�srantor'S cef Auta���iit!����nice da��et1�t�at�i�11';�(�1�4� � ' �
<br /> ai
<br /> � Ren t s L�pai d d i r e c t l y L o L e n d e r:O a r e c e i v i n g n o t l C e o f defaul t,Grantor v��ant�i,ts�:�[rr�d¢�(twer to 1:��4�!�e t e�
<br /> � • payment of Rents in G raa to r's p�o s�e s s i o n a n c!w i 1 1 r e c eive an y Ren4s in trust for 1�end�t�hud.�v�ll�t�t c o m m i n 8 j '
<br /> • � . Rents with any other fuad�Any azuounta co1lY='�ted vall he applied as prov�ded in this Se�telt}!I�t�ent.Grantor
<br /> � warrants that no defautt exists under the Leases ar any applicable landlord/tenant law.Grantar ai�fa:t�?zes to maintain
<br /> � �� and require any tenant to oomply wiL'1 the terms of tlss Leases aud applicable law.
<br /> ' f3. L�ASEPdOL��;C�NDOAfIrIIY1MS;P�.ANNE�Z1NPt'IDE�I.E91PI��NdS.Grantor ag�rees to�mply witb Yhe _
<br /> - . � pro�r�sion3 Af�any lease if this SeeuritY Instrumeat is on a l�asehnld.If the Property inciudes a unit in a condominium
<br /> ' Ar a planaed ums devetopment.Grantor will.perfarm all of Grantor's duties undet the covenants.6y-laws.or
<br /> _ • .� regulacions of the condomini�cn or plann�d unit development. �
<br /> � 14. DEFAULT.Grantor will be in defautt if any partY obligated on ffie Secured Debt fails to make payment when due.
<br /> • "• Grantor wiLl be in defautt if a breach occurs uader the tarms of this Security Instrumant or any other dacc.�e�t
<br /> ::___-- — �,;,2rf!!
<br /> . . . o��+FSUrcr,s�u,�..s.aa�a.�a+ranu���a,y w�,acwrar e�
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