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<br /> 13. All[uiurc��dvaucc�frof�2 l.c►idcr tn Gru�tYOr ur utB�cr f�.�ta��c ublig:dluu�;uf(;euutn•r.to I.cFicice unclr.c ul1}I�ll'01114'f"o:cy �—
<br /> note,cantract,guaranty,or athcr uvidence ot dcbt cxecuted Uy Cir:mtoF in&;�voz�f Lcndcr oxcci�tcd u�tcr thi�
<br /> Securitw Inatrument whether vr nAt this Security lnstrum�nt is SJxciGcally rctere��ced. lf morc tlian ono pr.rson —
<br /> signg this Stcurity lnslrument,ench Grantor agrec�tt�at this Security Instrument will secure ail tuture advances anci
<br /> [uturm ahiigatipns that arc g(ven tu or incurred by any une o�•moro Grantor,or arty one ar more GrAntor and
<br /> Athers.Ail future sdvances:and other future abligations ar�sccused by this Sccurity Instrument evcn though ell or
<br /> �ari raay no2}�;.Y h�cdt�anc�d.f111 tulure r.civnncPV nnd other tnture obllgaQions nrc�curesi us if ine.de:on thc date _
<br /> of this Security Instrument.Nathing in thl�Secusity Instrument shal�con.cdtut�s commitment tu make additlonal
<br /> or future loans or edvances in any amnunt.A.ny ssxh commitment must be agreed to in a separate writing.
<br /> C. All obligatinns Grantor owes to l.endcr,which may latcr arisc,tu thc extent not prohibitcd by law,including,bnt
<br /> not limited to,llnbiltties for overdrxtts relating to any deposft account agrcement between Grantor and Lcnder.
<br /> D. All additionnl sum5 advanced end exp�nses incurred by Lender for insuring,preserving or otherwise protecting
<br /> tlic Property and its valuo.and any ottter sums Adv�nr.cd and expenses inctvred by Lcnder under the terms of
<br /> this Security Instrument.
<br /> 7'txis Securiry Instnunent will not secure Any other debt if l,ender fail�to givs any required notice at the right af res,cission.
<br /> 5. PAYMEN'IS.Grantor agcees that a�ll paymenu under tiie Secured Debt wiU Ue�aid wlien dur.and in accordance
<br /> with the terms of the Secured D�cbt and this Security InstrumenL
<br /> 6�. WARRAI�Ti'Y OF 11TLE.Grantor warrants that Grantor is or will be lawfuJJy sr�i�ecl:of the esYate eo»yeyc�d.by t}ds
<br /> Sec+�tity Instrument and has the right to irrevocably grant,convey,and sell t3rr T.+�;r�periy to'Crustee,i,n ta:t�r,c,with
<br /> t;sy,re;�c�;;a;�:�rsntor tt�:,o e�arrants th.i+,J�ry�'roperty is unencicm6er.csr3,except fat snCUmbrances of rea►td. ___
<br /> y lORaCaR S�LiT�,ii'Y QTTERF.515.Wi�:lx n:���i to any o►her mnrtg�,Qe.c,t�cd af trust,security agreement or other lien
<br /> d�arnent thpt created a prior security i�r.tec�'s��c�T.�nctambrance an,rJMe L�ri�nY,Grantor agrees:
<br /> /.�. To make all payments when due ar.+,�C�y�s.�xCin mr ca�crl�l!y y�ifi��9,C G048�3�?s.
<br /> B. To promptly dcliver to L.endE:r av,X.r,aYroes th�'i�rCr,rr�4or reteiia�sa�n'om 4Ttex�.�!k�'rsr•
<br /> C. Nat to allow any�nodificatian ar�..�:�tnsion of,nor Yo requesR:,ue�;�t�tww sr;+:Ewrpes und�r,a:r.r.y note or��,-�:caneifG
<br /> secured by the lien da:ument w��t�aut i,ender's pdor written rnznmt;�;�:' �' '�`��
<br /> 8. CLA,IMS AGAINST TRi.�,.Grantor will pay all taxes. assessmenYs,7ict�s,en:�:��;,5'�ra�ces,l�se payments,ground
<br /> rents,ytilities,and other,cPr,a�nyY;:s relatIng to the Piroperty when due.L,ender may me��zi7e Grantor tu provide ta Lendtr
<br /> a�ies of all notices th��ar.3E�;amounts are dne and thc reoeipts cvicknring t�ra�ntr�r's paym�nt. Grantor wlll defend
<br />, title to the Pro�eity agaiinx�t,r�riy claims that would imFsair the lien of this Secztrity In�+ttument.Grantor agrees co sasign
<br /> to L.ender,as requested t►y�.ender,any rights,clsims or defeases Grantor may hxve against parties who supp[y laboc
<br /> ar materials to maintain or im,prove the Property.
<br /> 9. DUE ON SAL£OR E�iCII'I�Y�RANCE.Ixnder may,at its optioa,declare the entlre bala�nce of the Securec!DsM to
<br /> I',►�imz►xdiately due and�a��ii��e u�an the creadon of,or conuact for the creutian�R'f,any 6en,encumbrance,transier
<br /> or sale of the Properiy.'lfiis r.'gbt is subject ta ttne res�ictions impc�sed by federu!<ls��(12 C.F.R.591),as applicabk.
<br /> This covenanx shall run with the Propeetv and shaU remain in effect until the Secured Ikbt is paid in f�tll and this
<br /> Security Instrument is released.
<br /> 10. PROPERTY CUNDITIO�i,AL'IE�'M'�f�(<(!NS A�VD INSlECTION.Grant�ar,will keep.oltn2 Property in goad
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<br /> coriditiun and make al�cc�x;:r$.tha� x.�c��asanably necessary. Grantor sha94,pn`,�!comrnit ur allow any waste,
<br /> impairaneat,or deter[o�rxY'�sa;til�the,P�coperty.Grar.tar will keep the!'raFett�.�atec�f noxious wceds and g,��asses-
<br /> Grnntor agtees that the natu���i d,he��,ipancy and use will not suU.sts;�ntially ty�3y�t��without Lender's�+rior written
<br /> amsent.Grantor will not pei�mi;an,','�{�r3ragc in any license,iCStT.i�i.?:�e�cc�senat���thi�'easement w3thout Lender's prior
<br /> written ocx�sent.Grantor wn��t+�4!iifyI��+v:f:Y��nf all demands,prooa;;?tia�,:cl�i7�n;',apd actior►s against C;rantor,and of � �
<br /> aby loss or dAma�ge to thc B'ar��afty. : '-�'"�
<br /> L.cnder or I.ender's agents may,at i..enc�er's o}�tIon,enter the Pro�rty at�Yi;;'mousonable time for the�►�u�:+se of
<br /> inspecting the Property. L,ender shall give Grantor aotice at fhe time of of�before an inspection spe�rF.�}i:eg� ,
<br /> reasonabk purpose for the inspectioa.Any inspection of the Yr�urie;ty shall be entircly for I,ender's b�ae}�iY and
<br /> Greator will in no way rcly on Lender's ins�cCtion. � ''
<br /> �7. AlJ7'NOR1Z'Y TO PERFORM.If Grantc�r fails io perform any duty or any af the covenanta contair.►ed,iu this
<br /> Security Instn►ment,Le►xkr may,without natioe,perfqs�t or cause them to be��ormcd.(irantor appoi��l�s.(Ttiender
<br /> ' as acLOrney in fect to sign Grantor's nurt�e or pay any a�hoiuit neoessary for pede�mae�•�,ender's right to�c�ri�esi',h►fnc
<br /> � Grantor shall not crcate an obligation to perform, atid I.euder's f�iluAe to perforcn will not preclude L.�af'tlo:from
<br /> exercisnn�any of Lcr�dsr's other ri$hts under tlx;law or this Secu�e t�,l(r,�trument.If any aonsis�urtron on the I'rop�rty is; •;'�• •..
<br /> discoatinued or not carried on in a reasonable m$nner,T.ender)n:��??�take all steps necess�r�tu protect Lend�r's '•
<br /> security interest in the Property,including completictn�f the constriic�t9on. ' �
<br /> 12. ASSIGNMENI'OF LEASES A[�ID REN'I�.Grantoi irrevocably granis,conveys and s�l(s to Trustce,in trust for the
<br /> bcne�it of Lcndcr,as additiur�al secumSg A!1 the righL.6tte and interest ir.and to any and all existing or future leases,
<br /> subteasas,and any other written or 6w�°?�s7 3greements for the use and occupancy of any po�tion af the Properry,
<br /> including a.*�y extensions,renewals,macii�irations or substiturions of such agrcements(all refened to as"Leases"j and
<br /> r�nts,issues and pro�its(all refcrred to as "Rents").Grantor witl promptiy provide Y.ender����th true and.correct ,
<br /> ;s;y,r�;%es of aU existing arm�l ffc�^<vc Le�s.Grantor ma�v e�:41 r,ct.reccave,enjoy and usa;the Rents so toug as�'an�r�'t��is not
<br /> i}h�ofault under the tere2u���.t this Security Instrt►mer�tt. �
<br /> � Grantor a�ckuowledges that this assignment is perfected upon R6�e Sccording of this Deed of lnrst and tta�z l;�c��rier[s
<br /> entitled cm mr�'��:`y any of Grantor's tenants to make p�ymer.;a�?���.ots due or to become alae Fo Lende;. 3,3ir�vevep„
<br /> , Lender ag�s es s'x�t only on default witi Lender notify Grantdr srr:!�G�ra��tor's tenants and�n���;c�r�3emand tl�!c�'3 luture . �
<br /> ^r�ts be p�i�•directly�.n I.ender.Un receiving no3ice af defauit,Grantor will endone a�� �Jelivet t�Sr�m�t�any
<br /> �ment of Rcnts iu GranYor's possession and will u��v�::,,W any Rents in m�st for Lendcr and will not ac�i�i�:;ji;�.;ie the
<br /> 1�tents with eny other funds. Any amoiutts collecter�a{'PS be applied as provided�n titis aecuriry insm�m�rn.�uranivr
<br /> - � warrants tt►at no default exists undcr the Lcases or any applicable landlorditenant law.(3r�C�r also agrces to maintain
<br /> :uid require any tena�i to comply o►'�'�•�J:�:r.�rms of thc Leases and applicaUlc law.
<br /> 13. LEASEHOLDS;C(D��ID�1iIlVItl1'�its�;�'+1,ANNEI) UNTT DIEVELOPMFNTS.Grantosr a��cs to cnr,oyly with the
<br /> provisioits of any leas�i�t��.:s Se�urit.�Instrumcnt is on a le.�.tehold.If the Property inci�ad�ss a unit ir�m�r.�:ominium
<br /> or a planncd unit��w��l;:��,T:scnt,(�rantor will perform all of Grantor's dutics undev Qi�s cove�as;t:; 1��+•laws,or
<br />__ regulations of the can�s±�s.iu��s rl�::r.ned unit devclopmcnJ.
<br /> !�. DEFAULT.Grancor���ia 1�e in d�fa��c if any p�uty obligate�l�nn tt►e Secured Debt faila to i;ld�ce payment when d1�s..
<br /> Grat►tor well be ir►d�tautt if u breach oc�urs under the terrns of this Security Instrument or any alher documey'�Y
<br /> (P89B2of�1)
<br /> Otf�lBrirnByMrno,MC..St.Cbud.IR/(t�E00{ii7�731t�FamRE-0T�NE IW�
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