|
... ... i. .. - ` — ' -�;(Y,.��., :..c -. �.:_
<br />. ��:
<br /> �aci'
<br /> �:�
<br />�(` �� ���di`�� "_.�_-..'.'
<br /> �ycV'd_�'rw
<br /> �.c?_� � n 11 E:�tur�advances fram Len�et to C'iitu�toe o�u9hct fUtU�c abt'ia,�S:�°�3 c-4w�3r?�:toT Io 1Rt2der undar tu►y prot�o�yt �":-
<br /> � �� note.cantruci,guatnnty.n:ottt:r�+tidttr�ta�af deht oxcsc+W.zt h�y tira:�tra�in iavar of i.cnci�r sx�wtcd niter tGIs ��...:
<br /> r:+
<br />' Secttricy[aslrumtent wh.lt�ss or mtl�ti�is�vrity l�artn+��c�z is s�:���t�y retcrcacs�._iE mnre t(tan one pc�san �.�s.-
<br /> slgns ti�5ecuritqr(�trumEnt,e�.a��Artantar ngrc�a tfaae ttt�+�,.���Ee��cnt wil�eccura nll futu�advr�stres an� �..,.��,
<br /> • future abligado�s tS�at fuo p�van,tn cis irctured 6y aa�y Qnc a�eGr.�:��'s��antor.or nny ona or moae Qrmnior�t� �- ,-_
<br /> oihcis.A1.14a4ure udvnnxs an�Qahur futura a�ringadans a�e svccued��•t�s Security ins'trument evea�hou6h all aa
<br />�`F.�s` patt r�y no:yet bE�vonsc�.ticil�futurc astvnn�s�tsd otRc¢fac�ae c�a°'�tians are scxuted as if madc on the date --- ,
<br /> ���'
<br />' �:� ai'trs Securiry tnsuu�aent.I�'1�1UtP,,,III tUL3 SECLiTI�I IfJSi(lJEYtCgt S�Eti�s�at3�tnete u oammitment to make adttidanal ��'
<br /> ° ar tuttue loat�03 advanses in sny amotut�Aay sucb catema5m��t tatat2��gr�cd to in a separate writin�. �,i.,
<br /> °- C. �1i1 ob?igations Grantor ov.rs ta Lendcr,yducb may iater��.tc►t�►:=2��.J11 s3oL psolu�fitCd by l8t�.�cluding,bzg -_,_
<br /> aot liffited to.liabilities fw:nv�tdtefts relating wa�w�dep�ia a�xo,:,�a�;�a�e�snt bet�cexn Grantoz aad l.end�r.' -
<br /> • D. Atl adtfitional s�advan�d and expensPS incune��3r L.e�:r fos gr��sag.preseiving ar otEierwise pratectiag
<br /> the Propeity and its valna and any�er swns advanced and�ap�ax�i�cxirred by Lendee under the terms of �-
<br /> thzt Security Instrurayn�. ' �- --'
<br /> 'Tf�Security Iastnm:�L�iI3 nnts��*are any nther de6i if Le�zder fa73[����required norice of the right of rescis�on.
<br /> `: `� 5. PA��NLt�PH'�.Gianiog a�s:ti�i:all payments uader tfae Sec�ire�ID�#t.w�l ba paid whea due and in ace�ordnmoe �
<br /> � wii�th�temas of ihe Se.�uett D�t and this Sectuity Insttcc�en¢. �`.
<br /> 6. FVA�ti3AlOfE'9f OF 3�II'�.�Gi�nEar�varrants that C,rant�r is oE c�t b�l�v�fi�ity seized of the estate conveyed by this �`
<br /> Sea�it}i I�^ttum�r�i a*.t�It�di�+rigiit to irrevac�hty ge�b cowvey,�.�u��l the Pr��rty to Tnissee,in trust,witb F�_<
<br /> owe.�of sat�Gianior atso c�e�remts t(r�x3�the Prape3ty is�er�cw�^�e�,e$ue�i Yor ena�nres of record
<br /> .'�i � �tIOR S�CiJQYe9t iPTd�IItII�9.WiW regard to a�sy atl�er r��t��,�O�oY tivst,security agreement or other lien �_°•
<br />• �.. doam:nt ttr�t creat���iors�ri4y ia3erest or ea,cumbrar,,ce o�t�Rro�p�tg,Grantor agre�s:
<br /> . A. �'��e a12�.}��ts aa�►:�ZC�aad to peYfo�m oc om��Z�c��tt��il ea►�r�nanis. --
<br /> ,,:,.,:. �.�:
<br />;,.;��ii . H. 'Fhr'a:�Ps��.°=z�r ta Levc&�any�aoEice.s th�g Gra�ta�.zc:�:ti�fra���holder. �_�J.
<br /> ;'",;x� C. A�ts ca aLbwµZ�.�adi$aatlan a�axtensivu c�no1 t�m.r,�t��na;.w�ay�futa�arlvanres r,t�ias any nate ar agre:,�e�g f��
<br /> � secured by tti�:��,�dorumenl�vit6out I.��u,ib:-r.':s�ari�r�:za oo;.e�t. ='°r-
<br /> �''��"1 � f�., �I.A�',�I9 A�'"g ,'�JT1'7f.t He,6ramar wiU pay�lb t�xes,asse5ss.er,�ts,[ass�.eacumbra�ces.tease��ts,8mv�a :.°..�r;.
<br /> re�,ui�ties,a�other ch3rge6 rel�liag to the��.��.�°.rty w6en�.Lenr�ffi�Y reciu.ire Grantor to�roeide to I.ender
<br /> r
<br /> ,,�f'� cop�es of a34 notires that�ft�sanoums are dae aur3 the reo�t�ei��xe�g Grantor's}�}�aen�.�'rtantur will defcnd �.-
<br /> �� title to tJh��ra�rty a�inst any,�u thAt wou����aur r,1�e L�09 t�s S�ity r.► n„r�:r p3�T agrees Yo asi�a �: =�
<br /> �s� to I.en�r,�s seqt�'�t',a��y LendOr,.�ny.ri81►ts,d�i�s os def�rses Crra�tam-r�have�.�'�atties�suPFIY laisor 1�':t€��f.'
<br /> at f,•,, , - . ..- _: .- -
<br /> :..ar,� ar n�atetiats to�'c�!�:.im�o�va tha Properc�. ;
<br /> ,�� 9 DiT�ONS�D.IE��T T�i�liYi3Pl�e.t�L'�i.I:endc-�uaa.at itso�ei�n,�e;gte ti��c���;d'�t�.of�t��;��ed Debx to. � , �_ -
<br /> Y
<br /> ��� be iraraediately due a��f pay�'1����th�creatian o�or ooatr�:t foa ttaE cseation of,�r���i#c�.�.er�3�',�se.ti�f's��". ,.��,�,
<br /> �.'�' os sale of th�e Property.11�tts�.rigkitis subject to the resuicaons ic��os�'t�r�ferteral law(I��.R.S�I�..;�agpiic�S�ieA ��i:��r y��;
<br /> 'Iitis covenant stsalD nm w�tti�tt�a Property and sh�llfl rema�i�e£f�szrti�ttr�Secured Qebt is p�:�Tar..:ull and tLs.��.°�� �
<br /> Secn�ity insuu�.n1 is re3oaqe�J �� �'
<br /> �0. H'AQ�PL�Rs"t'9�COPIIDI�HmT+1�.�i6�'i'Bt�tA'HIm11TQ�YV�iNSPEd'HB�A�.Grantor will keep the Prapesty in goud '``° ..
<br /> conditloa and makc all mpaics�tbtnt:t�re rensonabIy�a�cessasy.Grant�r shall nat commit or altow any waste,
<br /> � im�airmeA4,or deterioratit►a��afithe Pcoporty.Gra�tor vriIl�eep e��Yi�*,tty free of noxious weeds and gra�ses. , �`
<br /> . � Ciraato�r a�rex,s that the naatua oi.the occup3ncy and u�:will as�a s�,�-���ts.I2�dtanSe without Lender's prior wntten . ..
<br /> � oonsent.Gs�to=wiD not ptQiniZ�auy ctetmge in aay Ucepse.restri�iro•s:a��^nant or easement without Lender's paor --
<br /> .: wsitten coaseaL Gs�a�a c�vil,n�tlfy Leuder of ap demands,Paooe�m�t.a�ffiau,and actions against Grantor,and of ° `
<br /> any loss or da�ag�W ihe Atirporty. � �
<br /> Leader or Leader's a�nis•ra�y,ai Iiender's option,ema�r tTne Ptop�xt��t any r�asflnable time far t�e pu�ose of �_
<br /> insgecting t6e Properiy. i:em��r�sD�aU�give Grantor aotice at tDv�tcaa�E af or before an iaspectioa specifying a �
<br /> ` reasonable purpose fog tdd��ihsg�ection.Any inspectiom of t�r:Ftor�a¢y_s��ll be entirely for Lendes's benefit and
<br /> �� Grantorwif3 in[EO way rely�r�uend8r's inspearan. �
<br /> ' �.` 11, p�FY�OItI�Y TO pER�{�13tLY�.If�Grantor fails topedo�a a�y .�irrty ar any of the covenants r•ontainecl in this
<br /> Sectvity Instnmment,Le�dE�r�m�y;�s�iZhout nottoa.perforr,m or c��se tL�:mn to 6e perfo�,:�.r'.rrantor agpaints Lenc��er_ ��
<br /> . as attorney in fact to si�,a Ctan3ur's n�na op pay any amouas n�eoess��r�c+J P�rfomnance:II�aadei's right to pe�fcsr�_�d�s� �� .�_-
<br /> '. Crantor sha11 aot erea4e an�o�i43�u�ian;to perfurm, and Lerder's£a�,'Guc�e to peiform�s'i��cot precta�e Lender fri;i� . �
<br /> exerasing any of Lead2r's o9t��v.rip�+ts under Wo lan►or this Sectimi+t�Iae��ear�rsn�If any ooasmTCtion an ti�e Property is °'
<br /> discontinued os not cairied!oa��in�a reasonable manner.Le�de=a�p;taYe all steps necessary tv�:rt�ct Lender's - �
<br /> � secuxity ictterest in t1�:Prop�cty:inctuding oamptetion of the ooa3�.�Eo�m. . •.,�
<br /> .::'.:<,�� !Y. ASSIGNMEIOTI'O�g.FA�➢39�i2'c'dD RIIN65.Gran�or i�rrevasabay�rtt�oonveys au��[s to Trustee.in vust fas,tda�. ,� `;;}��..
<br /> . . beaefit of I.ender,as adtliti�!iseaui4y all the rig�n8.dt3e a-*.d'unceres�i�,2nd ta any aud all existing or f�ture tea�v::s;, "`—
<br /> �,! ,�. , su02eases.and any oLD.r evi4tori,or:w�rbal agreeunents for tlne�e a�o3 oesupancy of any portion c��the Proper43, . ����:;
<br /> ' . inciuding any exte�,reY+ucYals.modi6cadons or su�s�it�or�oE s�orb ag�gemencs(all nefeaed to�"�T.eases")and
<br /> , rents.iss�s aad profits(all'ra��rcd�ta as"Rent�").Grs�aor ws�l{F�s�ptiy provide Lender witl�tx�uz and conect
<br /> � � cagies of ali existing and fututa I1o�r�.Grantor may ooiT�:ct.recei��e.e�;�y�nd�se the Rents so long as Gramor is nmt
<br /> :.� ia defa�lt under the term3 of ttts�Seauity Insuumen�. -�'-
<br /> � • Grantor atknowledgeg that thi;agsisncnent is perfected u�o�c Lhe reccm�of this Deed of Trust and that Lender is �`
<br /> � eatiEted to notify any of Gtuntoas tenants to make payr�eat oP Fe�,:s du�or to become duc to Lender. However.
<br /> Leader agees that onty on defuuit«�ill I.ender noti�y Grantar a.d 6z»�:ai s teaanu and make demand that aIl future � _ _
<br /> � Reass bs paid directly to Lencl�lYr�O�reoeiving notice of de�r�i+:,Gxa.ntoz ariU endotse and deliver to Lender any Y.,,.
<br /> � p�ayn,eat of Rents ia Graator's possession and crill pecei�ic a�y F,.en.c4 id ttt�t for Lender and wiU no4 cammingle the �*
<br /> � Ideats v+itii any ather fuads.Any�a�mounts oollecied vril➢be appii,:d a�t psmided in this Security Instrument Grantor �;,,
<br /> viaerac..C;r�t Qo deLs::12 exists trnd�t the Lea�es or a�y a�plical�ie f�:�a�rd3ena�t law.Gmntor aiso ageees to maintain
<br /> r
<br /> � arcal reqi:::�any c�:�rn;.�io comp23r wilh ti�a terms of ttze Leases aad a��Gcabl,�[aw. ._.
<br /> � � ��H: l� l.��'�1.'1���:VDO;�U��S�PLE91dNED U14N1'D�'Ei H�➢)'D,fENT�.Grantor agrees to oomply with tiie _--
<br /> �: pror�s'v�u e�az;y ir.aES if this Sesauity 1hsErument i�on a laace�o[+.'�.I•4 tfic Pro�rty iactudes a unit in a condaminium . �'°-
<br /> - os a pF�:d u�t develapmea�l;Cfrt�ntoa��rill perYoria a�S ai Gre�ti:oi s duties under 4he covenants,by-laws.or — _.
<br /> regu!aflons of¢Le eo�rr".r.�sar"�ar�p�rr►ned unit develo�ea� °�
<br /> . ' ' 1Q. DEFA►ULT.Grac+tcc�!be ia defaull if any pariy obL�epd on t7i.e Sec�tted Debt IaiLs to make payment when due. �4
<br /> � 6rantor�vi116e in defauli it a 6�o.r.l�uc�uts under tIie te�of thi�Seeurity instrument or any other document �-
<br /> , �1 _
<br /> , ' . (Ga�o2a04)
<br /> '-. �193�BUte.7S�'.,1stAb�e..�'.Lde�*1F6J(t�COS77��.3'.71)F6rmFE-0?1�L°PJ'�J31 �_ '.
<br /> _ . �_.�.
<br /> � , � .. ° . ;�,� ���(�> ;, . .. �!., • , • . . • : . . :�.
<br /> . �" � ' ' . , � ;ti; . .. 1 `' �� 1 , s � . . �
<br /> . , . „
<br /> . . . . ._ . • . . . . � :��� .. . ,_ ., � .. . . ,
<br />
|