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<br /> UnbcYS dhrrwi.re a;rrecl in writi�,xil i�wur��►c�prr►.�edc�Iwfl h+e s��lie�f to the restoratior or r,eQait W the Prqxriy �_.
<br /> ur w t}�c Sccureil Dtt+l,w.iC1l�i ui n.�t ttw:a du.:,at Leisd,:r'S a�i:x�.Any a�►li�tiu��of�ro�cds so psinci�al shsl!not -
<br /> extenc3 or poetpoae the duz J�te c►f the�choduiaf{aaynseat not chariKe tEse�mowu af nnY payiacut.Any cxceu wip bc
<br /> paic! tv the Gran:ar. If thr Nrc+perty i�n�yuired�y Ixncjer. Grxr►tor's right tn any insurw�e paticics uu!pr.xaeeils
<br /> resuHin�from cl�m�;c tn thr Prc+�erly Isef�tl�e�v�i�+tion s�lul!p�w Leader w the eaetent of the Secwvd I�ebl _ .
<br /> immediately befure the acc�W9itian. -
<br /> 2� ESCRt��Y Pe7it TAXE�AN�IAS�RAiVC`�.Unkss othrrwisr Exuv�k�1 Ai W ac��ue sg��enK�+t.G�.n:ar wiU c.ot
<br /> be required ta p�y w i.ec�der fu�ds for tazes ad insuraace in escrow.
<br /> 2L FiNAN�Ar.�l�-ii`�1' ANrt7 l��i�i�f11Vf►i�'v�Y[e.�r�.Granior a,iU provi3c to i.eaacr upoa ra�ttc�i,ar�y -
<br /> futiwcial staiemtnl or lafo�natio�Ltnckr n�y deem reasonabY'y nec�escxry.Graatar agrees ta sign.deli�er,and fik
<br /> aay a+�litianal documents or cxrtiCcatiw�that Lecukr nwy conxid�r neoessary to perfect,ooatiuua,and preserve
<br /> Grantor's ob1{gatioos under tlus Security Insttument aad l.e.ndor's li�n status on the P►openy.
<br /> 2Z JODV7'AND INDlY1DUAL 1,IABiL11Y:CO,StGNERS;SUICCESSO�IRS AND AS5IGNS BOlJ�f0.Atl duties
<br /> under this S�curity lcutruma�t ue joint aad individual.If Grantor signs this Secwity Listnimeat but does nat sigo sin
<br /> evicknc;e of debt.Grantor does so oiily to mortgage Grantor's iaterest in thc Property ta secure payment of the
<br /> Secured Dtbt and Grantor doa nai s�g�+ee to be pctsotully li�bk oa tho Secx�red Debt.lf tWs Sa.usity Inuruurent
<br /> secures a guuaaty betwoea I.aader aod GrAator,Grantoc agrces ta waive wny righu that may pre��eat L.eacier fcom
<br /> briogiag aay action or claim ag,a,iast Griwtor or anY P�Y�debtecl under tl�c c�hlip,�tian.'IUese rig6ts mny inciude,but
<br /> are sioi lianitr.ci to.aay aati-0e5aency�or one•actioa laws.Gmntor a�thal L.cnder and unY P�Y t�tlnis Secx�rity
<br /> Imtrument msy e:tead a�odify or malce any c,t�aage in thc tom�s af tl�is Security Instrumeat or any evidence oi debt
<br /> without Grantor's oocsseat Suca a c�aage wiU aot release Granior frnan the terms ot this Serurity IAStrwneat ILe
<br /> cluties aad 6ene5ts of t�ic Seauity Instnua�nt rhall bind u�d bea�fit W�e saoctsso�s aad�,ssigas of Graotor aad Leader.
<br /> 23r Arli.iCA�i,E LAW;SEVEitiAdi�J1Y;Il�EitTR�.TAZiO1�F.This 5exsuity Instnuneat�s govem«i by the laws of
<br /> the jw�cliaioa ia wbieb Y.eodtr is�ocaied,ezcept ta tbe eau=at othe�wise required bg tbe laws aE cDe jwisdir�ioa
<br /> wi�ere the FroNetty�l�ted'I�is Security Instrumeat i�ootnpkie�nd fulfy intcgrated This Sec�uity Im�trmment n:ay
<br /> not be aaseuded or modified by oral agreemeat. Any section in tbis Security Instrumeat. attacbments,or�ay
<br /> agreemeet related w tbe Secured Debt that ooufticts witb appiicabk!aw will not be effed'ave.ualess tl�at law exP�Y
<br /> or imnplieclty pemaits the variationc by writtea a��eement If u�y section af this Security Instrument caoaot be eaforcxd _
<br /> accoMiag to its ternxs,that sectian wilt be severed and will aot affect tbe enfocceabifity of the rc�ainder of tI�
<br /> Sdxuity Iasrri�,,,�*t W6eneve��sed.the singular shall indude the plural and the plural the�'T0e csptioaa aa�i
<br /> Ixaciio�s af tl�e saxions of tl�is Secatity I�umwt are for oonvenicnce oaly aad are rwt to �uod w iNerpn.�t vr
<br /> de5ne the ter�s of tbis Security Instt�nnent Tia�e is of tbe ess�noe in tlu�Soauity Iastru�rr�oL
<br /> Z�. SUCCESSOR'1'RUSTEE L.ender,at Lender's option,may fr�m time io time ramova Truste�e�nd appoint a '
<br /> stxceuor trustee witLout Any other formality tdan tLe designation in writing. 'I'6�suoassor trwt=e,without _
<br /> ooeveyancx of the Property,stu�l suoceed w aTd the titk,Powtt aAd dutirs conferred u�on Tcustec l�y r3is Saat:ii}►
<br /> ImWmcat aod applieable�w.
<br /> tS NOTit,E.Unkss otl�wese required by taw,any notia sl�sli t�e givea by de�iveriog it oc by msiliog't�5s�t+�sx�a
<br /> m�i!to tbe apqnpciate party's�ddt+e�o�t p�.e!of tLis Secuiity In •,+�••r or to auy athet add�ess�d ia
<br /> �vuitia�g.Notioe W ane grantor vviU ba damed t�i�ootice w all ga�antots. -
<br /> - - - _ _ _.. .
<br /> . ._��, __ ca tr�e eitr�[proL�:te�d e�t.i3�w;Y.aaacur wai'vis ut3�for�a�fa io�a 4"�� -
<br /> ' rdKie�to the Pnopetty.
<br /> 27. �I��lt'lTi.��If cLecked.tbe f�owing�re appticable w this Saa�rity Ias�umenb
<br /> � ❑Zti■e a[Cs�alit.'ITse Secured Del�t inct•,a:�es a nvolving tias of credit prov�sioa.Although tihe Socured Dtbs
<br /> � may be roducod to a uro balance,tl�is�xurity Iaspume�nt Mil!remain in e�ect untit rcleasaci:
<br /> ❑ C�Ms�efHcn Cs�w�.Ti�is Securitg iagtrumeat secures an ubli��tiou iacurred Eor t6e eaasuxcactio�n of aa -
<br /> iiop�ovea�etct an the ProQuty. �
<br /> ❑. lf�re�i�Gsaator granu W Leuder a seauii�r naterat ia all goods that GranWr owns�ac i�i�he
<br /> �;rntsue sarf t#u 3re or .�iu beeome 6xtures nelste�l to tLe Frupercy.'i�seauicy r���u A
<br /> r�aac�aa�s�t�at ma my cubon,�r�or other�r�on may be Slea of r�a�a:�rw�r►�s
<br /> , oi Artic3e 9 a�tLe Umfam Camme,rciml'Q�de. ". .
<br /> ❑ Sfiws.'Ibe coveaants�nd agreemeais of eac6 oE�riders chocked bebw are ioeorporsted inw aad
<br /> wpQiement and amead tLe terms of tLis Secutity *�•.•M {Cbeck all applicabk bo�€s�]
<br /> ❑Ceodom�:ium Rider ❑Pl�nnfld Unit Developmeai Rider ❑Otber
<br /> 0 AiiYi�l'�"u�a�a.
<br /> SiGNA'RJ�t1LSc By sigpiag belav,Grantor agras w t1u terms aad coreaants�ontaiaed in titii Security T.�xCUmeat aod ia
<br /> any attacbmants.Graator�lso acicnoarledges reoeipt of a copy of tl�is Sea�rity is •,�,•,�t ou tlse date sCa�ed aa p�1.
<br /> ' � 1 t_..
<br /> 07/31/96 �������7/31/96
<br /> � j� INTON J :JR� . �"`� «� ��BSTT L 1KARR �0>
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