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<br /> If. All futurc nilvunccs f�uwu i�:��dcE•eo Gruntur��r atlicr futari:ui�ligatit�n����f Gi�antn�•t�+I.�:ndi:r iai4lcr,�i�y tn�nii��°:��,ry �--
<br /> natc,canbract,guaranty,oa•othcr cvisJcncc of debt cxccuted by C;rni�tor in f��vur uf l.c:iidcr cxec;uted uftcr thiy
<br /> Security inutrument whcther or not thu Security Instrument i�spcciCically referenced. If mar�than one perux�
<br /> slppu this Secu�lty�nstru►n�nt,each Grantor agreca that ihis Securitx Instrumant will secure xll f�+�ure adv�ncea ond
<br /> future ubliptit�w tlu►t ere given ta or incurred by xny onC�r mUre Qrantor,ur nny onc or more Granlur und
<br /> �►►hers.All i�tur�edvenas and ott�er future obligadon�are sccurcd by thi�Security In,trumc;�t cven ehough all or
<br /> ��::i�,�ay►ist�;:t h�:.cf:�anc_d.All f�l��re wr�vnncey e��d uthcr faturc ohlicutiuns ore sccur�d ns if ma�k;on tt�c dutc
<br /> n[this Sscurity Irutrument.Nothing in thia Secorily Ynstrument ahall cUnsdtute a commitment to make acldltionat
<br /> ue future losns or�dvsncea in any amount.Any auch comn�itrnent cnavt be agrced to in a s�perate wrlting.
<br /> C. All obligati�ma Grantor owes to l..endsr,wbich may later arise,to the extont not�rohlbited by law,incfuding,but
<br /> not Gmited t�,liabilitiers f��r uvardrafts relating to any dc}wxil account agreement between Grt+ntor and I.cndsr.
<br /> n. AI!additionnl sums acivnnccd and cxpenses incunred by Lender[or lnsurie�g,prescrving or otherwisc protaKing
<br /> the Property and its vaEue and any other snms ndvanced and expensrs i�curred by Lender under tt�e temna o[
<br /> this Security Instrument.
<br /> 'tliis Sec+lrity In�trument will not securo sny othor debt i[Lender[ails to give any required noticx of the right of rcscisaion.
<br /> 5. �AYM�TV'15.Gtantor agre�:s that xIl pay►nents under the Sccured Dabt will be paid when due and�in accur►iance
<br /> wi�h the temu of tho Securcc!Ueht snd this Security Ir�stcuroent.
<br /> 6. WARRANNI'Y OF'I7TL�.Grantor wxnants that Grantor is or wiU be lawfully sEized of the estste con�eyed by this
<br /> Secwiry Insirument anr�hns the right to�rrevocably grant,cunvey.and selt the Prop�riy tp'I'custee.in tnut,with
<br /> f76viicY 8Y SdI:,.e.Mr..�r sl��r.�artanis thst the Pr���rty�4 unsncumbered,except for ancu�nbranas of reaurd.
<br /> 7. l'RIOR SECUMY INTERFSTS.With regard to any other mor�gage,deed of trust,security agreement or othor lien
<br /> document that creatod a prior securety iaterest nr eneumbrance on the Property,Gr�ntor agrees:
<br /> A. To make atl�ar.n�ertts when due end to pc:r,fomi or oc�mply with all cc►venants.
<br /> B. To promptty de'liver to Lencfcr any notices that Grantor receives from the holder.
<br /> C. Not to allow any modiiication or extension of,nor to request any futurc advanc�s under Any note or agreeraent
<br /> secuced by the lien document without Lenckr's prior written co�is.,nt.
<br /> 8, CLAiMS AGAINS'P'IT[L'�.Grmtor wiA pay all taxes,assessments,liens,encumbrances,leasc payments,ground
<br /> rents,utiGdes,and other charges rr,lating to the P'roperty when due.Irenckr may require Grantor to pcuvide to L.ender
<br /> oopies of all notices tkeat such amaunts are dae and the receipts evidencing Grantor"s payment.Grantor veill defend
<br /> title to tlte Property ngainsi any claims Wat would impair the licn of this Security Instrument.Grantor agrees to srsign
<br /> to Lender,as reauested bv I.�endcr,any rights,claims or defenses Grantor may hAVe�sgainst partics who supply labor
<br /> ur materials to maiutain or improve the I'roperty.
<br /> 9 DUE ON SAI.E OR ENCU1NaItA1�1C�.I.ender may,at it�option,d�clari the entire balaaccs of the 5ecured Debt to
<br /> be icnmediat�ly due nnd payable upon the creation af,or cantract for the creadon of,any lien,encyvmbrana,trRiufer
<br /> or sak uf the Prv�perty.'Ihis right is subject ro tde restriMions im�OSed by federa!Iaw(12 C.F.R.����,as applicablo.
<br /> Thia covens�nt shal!run with th�Fro��ty and shal!remain in etfeM until the Secured I?obt is pnid in fWl and!h'tc
<br /> Secwity lnstrumenx is released. ,
<br /> 10. lRUPERTY CONDIT[Ol�,A1.'IERATIONS AND INSI'ECT[ON. Grantor v►i�lp�eep the Froperty in gcccul
<br /> conditi�n and makc al1 repairs that arc reasonably necessary:Grantox shAll not commit or allow any waste,
<br /> impairmea2,or dvt�i9orauon of the Ptoperly. Grantar wiil keep thc Prop�erty free af noxious weods and gcasses.
<br /> Grantor agrees that the nature of the oocupancV and use will not substcia�teally change withoui Lende:'s pric:writt��
<br /> oonsent.Grt+ntur wi(1 not permit uny change in any license,resttr.iativ�oovenant or easement witliaut I.ensier's prk>r
<br /> written ounsent�Grantor will aotify Lender of all demunds,�rnceedings,c1a'uns,and actk►ns ag�inst i',rantor,sad of
<br /> any loss ordamag�to tl�c Property. ,
<br /> Lender or i.en,cler's.a�ents may,at I.,ender's apdon,enter the Pro�c:rty at any roasonable time for the puepoee of
<br /> inspecting thc FropFrty. L.ender shall give Crrantor notice at the tirne of or before an inspection specifying e
<br /> reasonabk pur�ose for the inspe�tion.Any inspection of the ih'operty shaU be entirely for L,ender's benefit and
<br /> Grantor will in no way rely on i,ei�'cl�:�'s inspection. •
<br /> v, A�3'I�;agn'y'�'p P��tFOlFPFL Tf orantar fails to perform any duty or any of,L?�'c covenants contained ir�;tt�ls
<br /> Security InsErument,I.ender may,without notice,pedorm ar cause them�to be perfoimed.Grantor�ppoenu I.eqiler
<br /> as attarney in fact tca•sign Grantor's name ur pay any amount necessary for,'performance:L.enckr's right to perfam ia
<br /> Grantor shall not.ereate en obligation to perform, and Lcnder's tailurp:to pedorm will not prcclude Lcnde�,�com
<br /> exerGisi�g any of Lcnder's otber rights under tf�e faw or this Securiry Instrument.If any construction on th�Prope��,,v is �
<br /> disc�n��n�ed or nut carried on in a reasonable manner, L.ender may take all steps necessary to protect I.ender's
<br /> sr.curity interest�n xt�e Property,i�xluding completion of the construction.
<br /> 92. AS5IGNMEM'.Q1C LEASES AND REtV1'S.Grantor irrevocably gramts,convcys and selLs to Trus��e,in trust for thc
<br /> beneGt of Lcnder.�s additional sc�urity all the rigMt,4itle and interest in and ro any and all existi�r�r or future leascs,
<br /> subieas�s,and any ather written ar verbnl agreements for the use and occupancy of.any pdrtion of Phe Prflperty,
<br /> including any extensions,rcnewHls,tnodiCr.��tians or substltulions of such agrcements(:��11 refencd to as"Leases")and
<br /> rent:�;issues and profitc(all�ref�erred to as"Rents").C'irantor will proinptly provitic Lender with true and cc�rract
<br /> capics of all exis6ng and•!'uteu�c Lcascs.Grantar may aillect,rcccivc,cnjoy and use the Rents so long as Grantor is not
<br /> in dofuult under thc e�rm3 of d�is St:curity Instrument. .
<br /> GrantoK acl�io�vledges that this assignment is perfected upon�tliu recorilimg of this Deed of Trust nnd that Lemft�r is �
<br /> ar�trtle�to nadfy auy of Grantor's tcnants to make paymens uf Rents due oT to become due to T.ender. Howri�er,
<br /> L�ndcr agrecs tltat only oa default will Lender notify Grantor and Grant�pr's tenants and make demand that ait fut�ur?
<br /> • lt��ts be paid directly to Lender. On receivin�ncrtica of default,Grnrrtor wiU endorse and delives io I,ender any
<br /> uavment nf Rcnts in Grantor's possession anc�will m.ccivc uny Rcnts in tr�st for Lender and wii3 mot comnunglc the
<br /> Rciits with anJ�other funds.Any amounts oul��;c►�d will Ue applicd as provi,cied ir�tnis�ecuriry amszrumeni.vranivr
<br /> warrants tt�at no default exists under the Leases ur any applicable landlurd/tenant la�ti.Grantor also agmes to maintain
<br /> and require any tenant to r.c►niply with the terms of the Leases and applicable law.
<br /> 13. LF.ASEMOLUS;COND(tiMINIUM5;Pi.ANNED U1�iIT DEV�IAPMENTS.Grantor a�rccs to cnmply with the
<br /> provisions of an�le�se if this 5ecurity Instrument is on a leasehold.If We Property includes a uoiit in a condominium �
<br /> ar a plamied unit dcvelopmcnt,Grantoc will perform ali of GranWr's duties under the cover,ants,by-laws,or
<br /> regulations of the wndomimum or pinnned unit development.
<br /> ,r 14. UEFAULT.Gr:intor will bc in default if any party obligatcd on the Securcd Dcbt fails ta makc pay�neut when duc. .
<br /> Grantor will be in de[ault if a breach occurs under the terms of this Security Instrument nr any other da�cument
<br /> • (p8ga 2 01�1)
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