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<br /> : '`' � B. Hll[ntur�adF'z�rj.^es iro�A,ess�txr to�ac►tor es o�,,t'a�r futw'e o�Ggations of Grantor to Lender under any promissory ��-,�..:��
<br /> . nate.cont�ct, gasaa�ty.ar a:bra er'd�ar:af u�bt eaecuted by Grantor in favor of Leader executed after this yr-
<br /> . Security tnstnin►:at�c�aeth�a ar r�o�Ehas�xtit�.Instrument u specaBcally referenced if more t�an one Qerson �: :.'
<br /> sigtts this Seau�ty Yttsuu�t�a4,e�+G�tt�r��that chis Security Instrument e�+ill secvre ail future advances and �`__==
<br /> , fiature oblsgz.t�fliss tteas are g�'�ta or i��m'aJ�Y,anY oue or more Grantnr,or any one or more Grantor aad ��-
<br /> .. '� ot�ets.All fut�ase adfsaaes arn��tte�z futttre ofitc�ons are secured by this�scurity Instrument even thou�ia Nl or �,T�.�
<br /> ��,::��:
<br /> patt ffiay not}.:.t bt�:3sa�3.A7 fuiltte�ci:a.�tves and other futtue obligations arz secured as if made on ttte date �_:=:
<br /> " 4 of this�t}►Instnim�nt I�`ath'rn�in tYus�ecuxity Instrumeat sS�al!constitute a commiunent to make additiona! �r=�r�
<br /> -�' � or futare doans or advan�es in auy a�tsfluc►i.�.c�y such mmmitment must be agreed to in a segarate writing. ��� :
<br /> ..- C: �4D oblig�tions Grantor a�:��es to Lenziar.icFi��a znay Iater arisa to t�e e�steni aoi F+ro6bited by laur.iucluding,but �'-`sr:�'
<br /> �.k•r.
<br /> aot iimited to,li�itides far oti•,rdr�.�ts xN,��ting x►any deposit aocount agreeQtent betareen Grantor and Lender. _---
<br /> .,�,�,�� D. All additdon2l�s a,dv�.nc�d and��e�es��arred by Lender for insuring,PreSer�ing or otherwise protecting ;
<br /> the Fmoperty a�d its value a�d st►p athez saat►s tt�anted and e�ses incuaed by Lender uader thQ terms off ,
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<br /> tmis Secuiity Irasnuc�nEat. _-�5�,;
<br /> Tdis Sesuriry I�stn��nt�ti�nt se�r�e a�y ott��r dsbt if Lender faiLs to give any required notice of tiree right of resassion. e��'��'
<br /> S. PAY16iEleilS.Gnutmr a�s thni atl�+a�mte�u�Q under the Secured De6t will bB paid vv�aen due and in acao�dance �;.�
<br /> with the terms of tbe Se::+ffed IIebi and thes Se:°arit+;Insdreiuten�.
<br /> . Q �rpRiEprp/'Y Oi�'�'1'�,E.Grantor vuamtnts th�t G�ttttxa i�of w�71 bc lawfuUy s�ixed of tiie escate coaveyed by this �:`��
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<br /> • SSectrrrity Instruznent a�d has the rigdit to itre�v,r�bt���r'u�►i,c�ravcy,aadl seU the RnperEy ta'Crusiee,in�n�st,wit�s ��,
<br /> power of sate.Grantar aSsa wzardnts Wat the Propa��s•tus�aanmd�ered,except for eacumbrano�of c�eoard �;'
<br /> •�_ ,` 7. P�YO�:SE�iJLYffTil iNTE�-Witb reg,ard tu any oth�r essost�ge,deed of insst.secuaity ageemenY Qz�other lien r
<br />;r, :••• daaunent that createtl a priur ser�ity inte�or enc�utst�n�t�on the tsrogerty„�iantor agrees: �. :
<br /> �" ' A To make all pa�yments when�ue and ta�e�'n3ua ar.oampty wd&all�ve •n.�ts.
<br /> • B. To pro�apiiy deliver w Lender aimy uotia�s thai�Gr,�ntar r�ives from ths hulder. ���-
<br /> � C. Noi to atto�v any�odifir�tion or ex2ensian�oE.a�srr,tio request any future advances unde�-aanyy note or agreemeat �`
<br /> ... - secured by the IIen do�ment wiihout Leader's�tior written co�ent ���
<br /> .... � R. CLA�S AGAI116S�Ti'I'B.E.Grantor will pasp all tar.t�s,assessments,liens,ersc�mbrances.tsase payateais,�ound !-
<br /> rents,uEifities.aud oLi�er c�lrg;es relaw�g La tbe Pr�tpe�mr when due.Lender may rr�uire Granior to providrs 4o Lender _—
<br /> ;,.; ' capies of all norices that sratb amozmts are dtta and the reo�ipts evid�ncing Gsantor's payment Caa.ntor w�71 d�fend �;
<br /> litle to tbe Pca�erty ar�,a'inst a�ctaims that wau{d�air the lien of tdis Seauity Instsument Grantor�tgrees to assipi �--
<br /> ' to Lenaer,as r�ques¢ed by Leader,any right:,c,1t�ar defens�arantor may have against pa�4ies whu s�pty ta�us =
<br /> . • a�.materials to�aintain or imgrove tha Property. � �,
<br /> g, q��E pN gAt,L OY�E11?Q�N,�3T�e'�N�E.Lendmr r�ra�,:at its option,d�clane the+entire balance of the Sea�Deht t�. �--•�
<br /> . i�r:�ediat�Iy due and payabie upan the cre�tion u�or wntract for the creat����o�asy 1iea.encumbrance,mransfer �
<br /> , ��r sate of the Propezty.T�is right�S subjc�ct to the restcictions unposed by fedez-�Faw(12 C.ER 591).as applicable. • -
<br /> This covenant shaU run n�ii19 the Pro�ra.�and s�U remain in effed u�e�7 tiie 5x:carzd De�!�s pai,d in full and this
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<br /> Sscurity InstcuEnent�s relo;�c�3. �
<br /> . �(S� pROP�It'Q`'!�C�N�DBaRQ2S,�i.'II'E�TI�lb}A�l�iD INSPECftU1�I.Gr�:svtc�a wi11 keep the Property in gaod �
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<br /> � •�. conditiom and make all repairs LbAL aro reaa�onnbly necessary.Crrarstar�'s:�i�•.u�t,eosnmflt or a11ow any waste,
<br /> � inpairmeat,os dete�iaration of tho Atopertl+.Grantor wiU keep tbe Fro�se�t`ree of no�rious weeds and grasses.
<br /> C3rantor agrees that thv nature of the oceupa�n�.y and use arill not substamtially ci�ange wit�out LeadePs prior written r-___
<br /> • ''•�• ronsen8.Crran4os cvi�l not pemiit any c4�anga in e,�ny license,restrictive covenani or easPmeat without Lender's priar
<br /> � �sriuen consent.G�untor m71 nntify Lend�sr af all�deraands,proceeding,cIaimrr�and actions against Gr�ttor.and of _
<br /> ����': any lo.�or damag�to the Praperty. , �;`
<br /> ��:�'.:; ;... iender or Lender's ag�nts may,at.i.er:�er'&optiat�,,�:-ater the Property aY a��+ �asonabte time for the pttrpose af. �
<br /> � • inspecting the PropeRy.,I.endar s6u�1 p,�� (3ratzta�natice at We time aE+.;.before aEa inspection specifying a��.;:•. . „ �:-=
<br /> � � reasonable ps�aQosa for the i�CpecYinn�. /k.�'sy inr�ec!sen of the Fmperty����e en4irely for Gender's beaefit and�- _'. .� __.
<br /> � (irantorwill in no way rcly.r�a��.easic:j��iuspac�tien. . ' �—�^"
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<br /> ' �� il. A�JT6�ORTTY T� PL�I��f�l�Ilf. If Grantor•fniZs tn perform any duty nr xn;�•of the covenants contained in this =��'
<br /> � � Security Instn�ment,Lender mAy,withaut naai�.p�rForm or cause them r,�isi:�erformed.Grantor appoints Lender �.
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<br /> as attorney in facs ro sig�43mntor's nama a►r p�,p any amowat necxss�ry fQr pe�forffiance.Lender's sight¢o perform fa� �. _
<br /> - Cfrantor shall not creato an ohti�yation�o p�rf4rm,and Lender'�f�iture to perform will not preclude Leuder fram �S�::
<br /> exerrisiag a�y of Leader'S OlIIEI tI�*T115 UAdEff tliD tLSl'l7F t�TIS S£CIII1t�I In�[�rrtPrr�,�811y COI1SUi[CtIOII OD tIN3 PtOpElty/iS �___J
<br /> � � � disconEinued ot not carried on in a ra�anHblp m:��rutur,Lender may t�;�::�3#'steps necessary to protcx.8l.eader's �'•�—"`
<br /> . • � security interest in tha Pcogerty.includin�anmpiFtin�s nf the wnstructian. �`%�-
<br /> 1Z ASSY�NI�AST OY�LEASES AN�➢�IIL:�.Q'.rru.:.tor imevacably grants,ca:rr zys and seUs to Trustee.in Wc�t for the �;
<br />• ;��,�4 benefi�of Lender,as additional secuait�y�a�9 th�right.ritle and incerest in and to any and aD exi�tin�or fi:ture leases. �,•,.
<br /> ' subleases,and any other written ar na:ri3a1 agre_.raeflts for the use and nccupancy of any portion of the Property.
<br />� includ�s�g any ex¢ensions�n�irc.�aL�s.mnvofintions ae�stitutions of snch a�n:�,_eats(all refened to us"0.�,�ses")aad —
<br /> �;. �• mnts,issues and profito frs�i referrefl to as"Runt::"i Grantor will promptly isv�vide Ixnder with irue an�coned __
<br /> ' copies of all exi��w��and fncur�Le�ss.Grantor,ms.y r�ollect,receive.enjcy anr�c�the Rents so long as Gr�.:ur is not =
<br /> in default uader tho tem�s ot ti�is�aeauiry instrurnti:nt. �;:.:
<br /> .:''? Cirantmr acl�na�fled�;�t1�zE Rlus assign�neb�t{s per(Ext.ed upon ths:reoording of this Deed of Trust and that L.ender is
<br /> � entitled to rcoi?fy qr�y,E���Bn4ar s t�n�nts ta m�k:s:payment of Rents due or to become due to Ixnd�tr.fflowever, m=.-
<br /> ' Leader agrees that vnly oo defaWt�ti�ll I..ende�nottty Grantor and Grantor's tennnt�and make de�und tbat a4t future ---- �-
<br /> � � ` Rents be paid direclly to Lender. On raacii•in�a�fltice af default,Gran:or will endorse and deliver to[.�nder aay ,,,....
<br /> . � payment af Rents in Grnntnr's posscssinn and c+ul receive any Rents in trust for Lendor and�vcll not wmmingle thcs �''�
<br /> Rents with any other fands.Any amounts oc,t�i�cted will be app]ied as provided in this S�curity InatrumenG Graator
<br /> ` � wanaixts that no de€auft e�dsts eu�dc7 the l.e�es or any applicable landlord/tenent Iaw.Qrantor als�o ngrees to muintain
<br /> and require any 4enant to cornply wath the ac�ms ai ths Lcases and applicable la�v. --
<br /> � 13�. LEA�EHOLl3S;CO1��P�SiN1L�J1W�;PL�'e1V;4�LCI•U?+lpd'DCVEI.OPIO��R7II'�Grantor agrees to comply with the '°'�=�
<br /> pravisians of arry le�se i!thit Se�ariry InstmmE�t i��aa��a leasehold.It the Property includes a unit in a anndominium _ �.
<br /> . or a pdanned unit development. Gruntar will p�rFmrm�all�i•Grantor s duties ander the covenants,by-laws,or ��
<br /> `., reguiations of ihe candarninium or pt*..ruie��u�it�ttiu!e4��f;ni.
<br /> • • 1Q. DEC[�ULT.Grnntor w�i[l be in defauft J any pr3ty ot�i,�;;,1ed on the Secured Debt fails to mt�ke payment whe�due. _
<br /> ' (3rantor will l�in defaul� it a breFa+�occ:arE umctee�tt�ra terms of this Security instrument or any otUer document ��•�
<br /> . E..
<br /> . . _ (pag32ot4) ��
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