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<br /> t�. All future ad��unccs from L.euuc{er W Grwnur ur uifu:r fuYw�ubligaii�►ns a(C;r:tntar to l,c�r •r ony prcxnis�ry �
<br /> f10fC,c��ita�ct,guaranty,cx Nhct evidence of dcbt cxccuted by Grantur iu f.��•u� of l.enckr executcd aftcr ti�is ,-
<br /> Sc:urity Instrument whetFicr or nat this SocWiry Instruntent is speciC�caUy rcferenced. IC ntur�than wu:�xrart _
<br /> cig�u thls Security Instrucnent,each Grantor agrec;s that t;us Security I[ulrument wiU seeur�.iU tuturc ulvances a�tt� _
<br /> futurc obligatinns th:.t u� �ivea to ar incurrrd by eny a►e or�:�or�Grantc�r, ar any o:r.: or►norc G�antor aus! —
<br /> otturs,Ai!ililurc udvances an�other fuhuc c�t+ligations are secured hy this S.:curity Initrwnent�ven ttwugh all ur --
<br /> part may nat yet be advwc.ed/,ll future advanccs and o�her tutum obligatians ar�scrured us if madc urt lh4 tltitc: -
<br /> of this Security leutrun�ent.Nothina in tlus Security Instrument shall coastiwte a oommitmcot to ma{cc udciitiui�,
<br /> or thture(oans or advances in any�nwuat.Any such caiw�i[n3ent must be agrecd ta in a s�:parutc:w:u.��. -
<br /> �. AU obligations Grantor owes to Ixnder,which may I•rter arise,to the extent r.oi prohibitcd by law,includinF,t�ut -
<br /> not limited to,liabii:ties far averdrafts relating to any deposit account agrecment betu•een Grantnr and T.oncit:r. _
<br /> D. AU udditicxial sums advanced and expcnses incuned by Lender for uuuring.presexving or otherw�wa pc�t�:c.tii�A —
<br /> the Property and its value and any other sums advanced sUd expenses incarred by l.eader und�:r tUn torrns of
<br /> this Security Instrument.
<br /> 'I'his Security In�tnut►ent wiU aot secure any other debt if L.eacicr fails to gi�•e any required nutic:a of the right of resciss:on.
<br /> S. PAYMEN75.Grantor agrees that all p�yments under the Secured Debt will be paid when due and in accordanc.�
<br /> with ttie terms of the Secured Debt and this Security Tnstrumen►.
<br /> 6. R►ARRANTY OF'IT11E.Grantor warrants that Grantor is or will be lawfully seized of tt►e e�tate ccxrveycd by this
<br /> Security Instrument and has the right to irrevocably Srant,convey,and sell the Properiy to'�'rustee.in trust. M�ith
<br /> power of sale.Grantor also warrants that the Ptoperty�s unencumbered,except for eacuzt�6ru�ca:s of reoord.
<br /> 7. PitIOR SECURiTY INI'ERFS'IS.With regazd to any other mortgage,deed of truct,securiry agreemeni or otbAr lipn
<br /> clocumeni that created�pri�u sscwity intcrest ar encumbrance on the Propzrty.Grantor agrces:
<br /> A. T�roake all payments when duc and to perform or cotnply with all:,ovenanu.
<br /> B. To promptly deGver to I.endar any notices that Grantor receives Gom the holder.
<br /> C. I+Tot to albw any modification or exteasion�f,aor ta request any future advanoes tuukr siny note or agrecmuui
<br /> seQUZd by the lien documeat witbout Lender's prior wtittea consea�
<br /> 8. CLAIMS AGAINST 77'I7.E.Grantor wip pay aQ taaes,assess�nents.liens,encumbrances,lease payments,ground
<br /> reats.udli6es,and oWer charges relating tn the Property when due.Lender may require Grantor to provide to I.eader _
<br /> oopies of all notioes that such unounts are due uui the receipts evidencing Grantor's payment.Grantor will defead
<br /> dtle to We Property against any claiias thai wouW impair the Gen of this Security Iastrurnen�Grantor agrees to assign
<br /> to I.en�+er,as eequested by Leader,any rights,ciaims or defcases Graator may have against parties who u�pply labnr
<br /> or materiaLs to mainta�n or improve the Prc►perty.
<br /> !3�.. D1JE ON SAI.E OR ENCUMBRANCE.Lender may,at its opuon,declare the entire balance ot tl�e Sectued Debt to
<br /> be iaun�ediately due aad payabk upon the creati�ve of,or ooatc�ct for the crration ot;any lien,encumbraoce,traagfer
<br /> or saie oE the Property.'Ihis right is suL�jeci ta�:restricti�.�us�d by federal law(12 GRR.591),as appli�cab9e_
<br /> This aoncenant shall run with the Pr�ert}�ad sh�i1 t+emalra i¢�feci uaW the Secure�'DeGt is paid�n full and tbxs
<br /> Security Instrument u released
<br /> l0. PjLOPE�t1Y CONDIT`ON,ALTE1tAT➢01�5 AND INSPEC710`.�rantor will keep the Property in good
<br /> conditioa and make all repairs th�t ara rex�c�nabiy necessary.Granta�snslt ni�s COmiuit or aiiow atry was[e;� �
<br /> impairaient,or deterioration of the Property. Grantor wili Iceep the Property free of nwcious weeds and grassts.
<br /> Grantar�grees that the natwe of the oacu�ancy and use will aat substantiaUy change without Lender's prior wnttea
<br /> rnnsent.Gr^,�atot will not permit any change in any license,restrictive oovenanl or easement withaut I.ender's pcior
<br /> written ccas�.»t.Grantor will notify i.ender of all dcmaads,proceedings,claims,and�ctioas a�ainst Grntor.aad of
<br /> aay lass�x�naae w tl�Property.
<br /> Lender ac i,ender's agenu may,zt L.ender's option,enter ihe Property ai any reasonable time for tl�e pur�x�se of
<br /> inspeciirs�k the Property. I.ender s1=aU give Grantor notice at the time of or before aa iaspectioa specifyiag a
<br /> reasonable purpose for the iacpection.Any inspection of the Property shall be eaiirely f�r L.ender's benefit aad
<br /> Gr�ntor will in no wag rety on Lender's inspecGon.
<br /> 1L AiT�10RTi'Y TU�FORM.If Grantor fails to perform any duty or any of the covenants oontained in this
<br /> �yri[�inetn�rt+'n���r�y�Without notice,perform or cause them to be performed Grantor appnints I.ender
<br /> as aitomey in fxt to sign�Grantor's o�me or pay any amount aecessary for performance.L.ender's right w pertorm for
<br /> Grantor shal!not cr�at�an obli,�stiron to perform,and Lender's failwe to perform wiU not preclude Lender from
<br /> ezere�cing any af Lxa�',.;r's other rights under th�!aw or this Security Inswmen�If a.ay eaasm�chon on the Proper4a is
<br /> disaontinued or nnt c�rried on in a reasonabTe�anaer,Lender may t31ce all sieps necessary to�r�ect Lender's
<br /> security interest in the Property,including cam�emon of the ooa�tnu,tion.
<br /> � l2. ASSIGNb'IEl`T OF I.EASES AND RF.1�TI;5.Grantor irrevocaiTiy grants,oonveys and sells to Trussec:.i�truss raac the
<br /> beneftt uE Lender,as additioaal security all the right,title srni�smter�st in and to any and all existing or futun�ie�,
<br /> subleases.and any other written or verbal agreements for ttie use and occupancy of any portioa oi the Pro�eoiy,
<br /> inciuding any extensions,renewals,modi6catians or substitutioas of such agrzements(all referred to�"I.eases'j and
<br /> rents,issues and profcc(all refened to as"Rents").Grantor will proox{�t3y:provide Lender witb m:e and conect
<br /> ' oopi�s of ail exisiing aad furiue Leases.Grantor may ooUect.reoeive,enjay 3n3 u�e the Rents so loR�ara.r,rantrx is not
<br /> in default.uader the terms of this Security Iiutrumeat. '
<br />,. Grantor acknowledges that this assi{�nment is perfected upon the reoord'ang of tbis Uee�f of Tnst aad that Lend�is _
<br /> eniii:r.c!:a nc�ti�'y aa��f:santa:'s tenunu to rsa!:e pa;Kn�at of!?�nts d!.+e et Lo fxc!+�+c due!�Le!v]er. T��►wever;
<br /> Lender agrees that outy on default will L.cndcr nntify Grantor and Grantoc's tenants aad make demarid tl�aat all future
<br /> � Rents be paid directly to Lender.On receiving rzotice of defauli,Grantoff will endorse and deliver to I.ender any
<br /> payment of Renu in Grantor's possession and v�ill receive any Rents in trust for Lenctet and will not commingle che
<br /> Rents with any other funds.Any amounts collected will be applied as provided in this Security Instrument Grantor
<br /> warrants that no def�utt exists u�der the I.eases or any applicable landlord/tenant 1aw.Grantot also agrees to maiataia
<br /> and require any tenant to oomply with the tems of the L.eaces and applicabie law.
<br /> L?�. LF.ASEHOLDS;COND011QNIUMS;PLANNED UNI't'DEVEWPMEIV'I�.Grantor agrees to comply with the
<br /> � prov�sions of any lease if this Sectuity Instrument is on a leasehold.!f the Pro�erty includes a unit in a cundominium
<br /> or a planned unit development,Grantor will perform a11 of Grantor's duiics under the coveaants,by-laws,or
<br /> regulationc of the conclominium or planned uait developmeai.
<br /> 0 14 DEFAULT.Grantor will be in default if any party obligated on the Secured Debt fails to make payment when due.
<br /> GranWr wil!be in default.if e breach occurs under the terms of this Security Instrument or any other document
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