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<br /> i3. AY!futurc ad�•amees fnn�fi.endcr tu Gr�ntw•a•�xi�cr futur.:��bU�;adons''iif Grcu�ta�tu ny pnKnissns?'
<br /> nute,e��►teaet, �uara�uy, �u othc�e��idenrc uf�bt cxecuted hy('•rant���in i'a�•cu.:f l.crukr r�►cruttA Aft�r tttir -
<br /> Sccurit}frstrurrtent whether cu noi this Scctuity I�uirununt ix speciC�caliy rcfcrrnuci.Ii'mur� thdn�ne pe�xx�
<br /> signc th+s tiecurity Instnu��ent.each Grantar agrees�hat th:s Sccurit}•Icutrununt wil!s��cure•ril future aclvanees anrd
<br /> future obligatic�ns tttat are given tu�w itkwi�d bj�any attir or ma:e(�saotar,ur any otu or more G[tut?�w wncl
<br /> ottu;rs,Alt tuture advuiccs and�ther future ot+tigations are secured bv tlus Security Instrument eti•en thoµgh all cx
<br /> �rt,may npt y�t be adrsuxed.All future suA'a�►ccs and cuhcr fuiurc obligatioru urr�ur�d w.;iE��►w�i�on tfi.:ct;uc -
<br /> of th;s Security I��str�unent.Nathing in this Security Instrum�nt s1w1!constitute a conusiitment to mai;e ackiitio�a�!
<br /> or future laans or advynax i:�aay su»ount.Any w�h couuuitcu:.sit u�wi Ue��to in a sc�antc��riiing. -
<br /> C. All abligations Grantor owes to Leacier,which may later arisc,to the extcot not prohibitc�by law,induding,but
<br /> nai limited to,liabilitirs for overdrafts rclating to aay depoait iwcount�reEment t�etw•een Grantor aad i.eculer.
<br /> D. All ucl�fitianal swns adcanacd and expenses incurrcd by I.ender tor insuring.preserving or ahenvise prot:.ctu�g
<br /> the Property arul its valuo sud any othcr suius�dvauoed end .:xpenses incuneci by Lerder under the ternis of
<br /> this Secwity Instrument.
<br /> 1�ic Security launiment wiU nat secure any otUer debt if LencSer fails to gice any rc:quired notioe of the right of rescission.
<br /> S. PAY111EM'S.Grantor agrees that all paymeAts un3er the Secured Debt will be paid wheu due a�d ia a�owdanoe
<br /> wiRh the ttmu of the Secured Debt and this Securiry I�ictrument.
<br /> 6. WARRANIY OF T11'l.E.Grantor warrants that Grantor is or wilt be tawfuqy seized of tbe esiate conveyed by thic
<br /> Secwity lnctrument and has the right to irrevocably grant,eoor•ey,aad seq the Property to Trustee,in tcust,wieb
<br /> power of sa1e.Grantor�so warrants that the Property a wuucumbered,e�wept for enauonbraaas of r000rd.
<br /> 7. PRIOR SECURI7Y iNTERES"I'S.With rcgard to aay ather mort�ge,dced of trust,security agreement or other liea
<br /> ciocwneat that created a prior seauity interest or encumbraace oa the Prop�rty.Grantor a,grees:
<br /> A. To make aU paycnenu when due and to perfotm or comply with all oovenants.
<br /> B. To pramptly deliver to I.ender any notioes that Grantor receives froa�the holder.
<br /> C. Not to alIow any modification or extensian of,nor to req�est any future advances under any note or ugreement
<br /> secured by the lien document withoat L.eader's prior writtea consent.
<br /> 8� �.AIIVIS AGAINST 77TI.E.Grantor will pay all taxes.assessments,liec�s.eucumbrances,lease paymeats,ground
<br /> rerzts,utitisies,and other charges relating to the Praperty when due.L.ender may require Grantor to provide to Lender
<br /> cnpies of all notices that such amounts sre due and the reccip�s evideacing Grantor's payment Grantor will ckfend
<br /> tii�e to the Propert5'aSwist any claims ti�1 would impair thc Gen oi this Secwrity Iastn�ment Grantor agrecs to assiga
<br /> W Lender.as mq�ested by Ixnder,any as�its,claiuu or defcnses Gruator may have ag�inst parti�es wiw supplY labor
<br /> n�r.materials to maintain or im�ro��e the 1Pc�¢�aerty.
<br /> � 9 DTi.1�(��1 SALE OR ENC�)h�'fJBRANC�.Ixnder may.ai its option,declare the entire balutice of the Seciued T)ebt w
<br /> be�m��irsly due and pay3Qte upon tlse creation of,or wntract for the creation of.any lien,encumbraace,transfer
<br /> or sa1�e of the Frci�eriy.'I7vs rigAt is subi�to the restricdons imposed by federal law(12 CFA 59!),as appticabk.
<br /> This ooveaant si�alt run with the Proper�p a.nd shall remain in effect until the Secured Debt�s paid ia full and this
<br /> Seciuity Inslrument is released
<br /> ' li. lAOPERTY COND]'I'IO:�,,AI.'I'E1tA'!'IONS AND �1�iSPECI70N.Grantar will f�eep the Property iu good
<br /> conditioa and ma�Ce all re�'rsits t�at are reasonabiy nCCes3ary:vnmtorsfiaii nai c��*„+i a� sUu:r:�our :�.�,---- - -
<br /> unpairment,or deterioretion of the Property.Grantor will keep the Property free of noxious weeds aad giasses.
<br /> Gsantor agees that the nature of the oocupanc.y ancl use wi11 not substantiallY change"'nt1�°ut Lender's prior written
<br /> consent.Grantor will not pennit any change in any licecue.ratrictive covenant or eacement���out L�nder's prior
<br /> written oonsen�Gtautor will notify Leader of all demandc,Procxdia&�,claims.and utioas�i�t GtaaWr,and of
<br /> , aa�Ioss or damage to tl�e Pro�erty.
<br /> - Leuder or Lead�r's agents may, at Lender's opdon,enter the Pr�ercy at aay masonable time for the pu►�r�se of
<br /> inspecting the I'roperty. I.ender shail give Grantor notice at the time of or before an ias{1�ciion spec�f}nng a
<br /> � reasonzbk puipc�se for the inspection. �4.n�icupectioa of the Property sh�ll l�e entirely for.L�ader's beaefit and
<br /> : Crantor will in no way rely oa Leuder's�ction.
<br /> iL ef►LTIHOjtiTY TO �ERFflii3t. 1f Grantor faiLs to p�erform any duty or ang aF the covonants contaiued in this
<br /> �ic,s�uity Iaswment,i.ender a�a�,withou,t uotice,PerEo�or cause tLeem to be�Seif,onned.Grantor appoiats.Lendu
<br /> � as attorn�y ia Lut w sign Gr.�nor's n�o�r Zsay any acto+�nt a�ry for perfonnanoe.L.ende�s right to perform for
<br /> ' Grantar sb�ctat create an obligati�tcr{�rform,and I.ender's"ff�ure ta perform will not g�eelude Lender fram
<br /> � exe��y a[Ixnder's other rights uuder the!aw or ttus Securit��runument.If aay cor�cinnetux�on the Property is
<br /> disoontiaued or not carric�aie a�ir. a reaconable manner,Len3er may talce all steps necessary to protect I�eder's
<br /> setvrity interest in the Yroper�'y,induding completion of the oonsuuction.
<br /> ]2. ASSIGNII+IENT OF LEASES AND REN75.Grantor irrevocably graats,couveys and sells to Tr�rstee,us tt�t for the
<br /> � benefii of L,eru3er,as additional security ap tlse righ4,title and interesi in and to any and all exis�pg or future feases.
<br /> • subleases,�d�any otber written or verbal ageements for ti�e u�aa�occup�ncy of any�octioii of the Property,
<br /> inc]uding aay extensioas,renewals,m�difications or subsritutions or su�agreements(a11 refeaed to as"I�eases")and
<br /> . rer.tu,issoes and profits(a!1 referred to ac"Renu").Grantor wilt promptly Fr�vide Lender with true utui oorrecc
<br /> : a�,,i�es of alt exisiing and futuc�1-eases•Grantor may oo�Ct.receive,enjoy and us:the Rents so tong as Grarrtnc is nae
<br /> itc default unde�We teims of this Security Iattn�ment.
<br /> Graawr ackBOK�iedges that thic assig�smieat is perfected upoo the rec�rding of this Deed of Trwt and that Lender ic
<br /> . �:sitle�to^�tif;r.xs;of GIa�2oZ's ie�+.:.���!'O m2L�P�+m!?nt of'i�ent.s due ot to beCOme due ti3 II.eudei.Howevcr,
<br /> L,end�er agees that oniy on default will Lender notify�C�raawr and Grantar's tenants and mahe demand that all future
<br /> � Renu be paid diredly to Lender. On receiving zsCii��a€default, Grantor wiI[endorse and deliver to C.etiuier any
<br /> ' payment of Reats in Grantor's passession and wit3;�xive aay Rents ia trust far i.ender and will not caumfagie the
<br /> Renu with any ot6er fuadc.Any amounts oallected will be apptsed ac provided in this Sectuitg Instniaient Grantor
<br /> wa�rants that no default exisu uader the l.eases or any appiicabie�:�zdlo;d/tenant i�w.Craataratsa agtees to ro�;�*�;�
<br /> and reqnire aay teaant to comp�y with t�e terms of tne i.eaces and a�piicabie iaw.
<br /> l3� I.F.ASEHOLDS;CONDON�tILJMS;PLANNED�lNll'DEVE3APIV�N1'S.Grantor agrees to comply with the '-
<br /> provisions�f any lease if Wis Security Instrument i�on a leasehold_If ti�e Property includes a unit.n a condominium
<br /> or a planned unit development. Grantor will perform all of Grantor's duties under the covenants.by-laws,or
<br /> regulations of the coadominium or pl�nned uait development.
<br /> lL /)�RAI Il T,C;rantor wiU he in ciefaidt if an;r narty obli¢2ted on the Secu�red Debt faiis to ma{ce paymeai when due.
<br /> Grantor will be in default if a breacb oocurs under the terms of this Security jns �^��nt or any other document
<br /> �.za��
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