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��:: ,� � _ � _`-_--�;,.;�-.�°_ '... _.::�:_:� :.�'`" , _ti''-�_. �-, . ' �:�•_ � .,_. - -- '! � v , �: . � t- ''�:` � � �� itP�h�`r�ceipts � Grantor to provide to le�der coples of all natices that such amdunt�s arc du `_ e��tdeneing Gnntor's payment. Grantor wlll defend title to the Property against any claims that would � impatr the Ilen of this Security Instrument. �ranto�agrees co as5ign to lender. as requested by Lender. � any ric�hts, clalms or defenses Grantor may have against parties who supplY la�or or materials co maintain or improve the Propeny. 9. DUE ON SALE QR ENCUMSRANCE.Lende� may�at its optlon declare the entire balance qf the Secured �; Debt to be immediate{Y du� and paya61e upon the c�eation o�� or rontract for the creation of. any lien� � encumbrance. transfer.ar sa1Q of the Propeny. This right is subject to the restrictlons imposed by _., fQd�eral law(1 Z C.F.R. 591) as applicable.This covenane shall�un with the Property and shall remaln in � effect until the Secured De�at is pald in full and thls Sewrity Instrument is released. : . lp. PRAPER7Y CONDITION,ALTERATIONS AND INSPECTION. G�antor will keep the Property In good � candition and make all repairs that are reasonabty neGrantor will keep ihe� Property kee of noxious -�. waste, impairment, or deterioration of the Property. weeds and grasses. Granta� agrees that the nature of che occupancy and use wili not substantialty � change without Lende�'s prior written consent. Grantor wfll not permit any change in an llcense � rescrtctive covenant or eaSe�Iaims iand aCtionsragainst Grantor,�andnof any oss or damage oethe = all demands. proceeding . - Property. at an reasonable time for the Lender or Lender's agents may, at Lender's optlon, enter the Propercy � purpose of inspe cting the P�operty. l.ender shall give Grantor notice at c e time of ar befare an mspection specifying a reasonable purpose for the inspection.Any inspection of the Property shall be entireiy for Lender's 6enefit and Grantor will in no way refy on Lender's inspection. �� h�is SHecurity InsOtrume�n�t R�endeG may,without noticer pe�rm�oT cause them to�be performedt Gran or appoints lender as attorney in fact to sign Grantor's name or pay anY amount necessary for pe�form failure tode��ormhwilonot Rre Ic ude L ne der f�omGe�xercising any of L niaer�s othe�ghts under hetlaw or this Secur ty Instrument. If any const�uction or►the Propeny is discontinued or not carried on in a reasonable manner,Lender ma take al!steps necessary to protect Le�de�'s seca�rity interest in _ the Property.including completion of tXe construction. 12.ASSIGNMENT OF LFJlSES AND RENTS. Grantor i��evocably gra�cs, conveys and sells to Trustee in �rust for the beneflt of Lender as additional secu�ity all the right,titte and interest in and to aoy and al! existing or future lea��s�nsof�theeS�opndrty yincluding ane� extension�sa9ene ealss m�odifiecations o�r occupancy of any �o e substitutions of suc agreements(all�efe��tLo`�a��?��t��p�andneo�rect coples of all existing and to �s 'Rents`l. c,rantor wiii pruri�N:ir N�:.� • - under the termsrof ihis Secu rN In'strumen��oy and use thc Reats sfl(on9 as Grantor�s noz in deiuui� Grantor acknowledges that this �ssignment is Perfected upon the recording of thls Deed of T�ust and - that Lender is entitled to notify any of Grantor s tenants to makepayment of Rents due or to become - � due to �ende�. However, Lender agrees that only on default will Lender notify Gnntor and Grantor's = tenanu ana make demand that aTl future Rents be Pa�� m�enttlof RentsnineGr�ntore'sepossess�on and a default, Grantor will endorse and deliver to Lender any pay will receive any Rents in trust for Lender and will not commingle the Rents with any other funds.Any amounts collected witl be applled as providtd in this Security tnstrument. Grantor wa�rar�ts that no default exists under the Leases or any applicable landlora/tena�t I�w.�G�r ble Iawsa aqrees to maintain - and require any tenant to comply with che terms of the Leas�s and�p - 13. LFJISEHOLDS;C�NOOMINIUMS;PiANNED UNiT DEVELOPMEM�.Grantor agrees includes�a unit in a provisions af any lease if this Security instrume�t is on a leasehold.If the Property condaminium or a planned unit development, Grantor will perform all of Grantor's duties under the covenants,by-laws,or regulations of the condominium or pla»ned unit development. 14. DEFAULT.Grantor will be in defau4t if any party obUgater!on the Secured Debt fails to make payment when due. Grantor will be in default if a breach occurs under the terms of this Seeurity Instrument aT any other document executed for the purpase of creating,securing or guarantying the Serson or�entitiAjr = good faith belief by�ender that Lender at any time is �nsecure ment a�Phe value of the Propercy - obligated on the Secured Debt or that che�ospect of any pay = impzired st�.all also constitute an event of de ult. � 1 S. REMIEDIES ON DEFAULT. In some instances, federal a�fd state law wil) require Lender to provlde ' Grantor with notice of the riQht to cure or other natices and may establish time schedules for - fareclose this Secun�G sirument in a�manntec prov ded by law if Grantor s in default�� t�d = cTas-:ia90 c��> tw�3•IQ _ � 0199�I�otenSYSOems.Mw.StCWid.MMi1•i00•397•2341)FoemGTH-IITGIAalE 10/it/4! _ . - - -- .� _ . . :.s� .-r,•�. �. '•��.=- � ; • '"�. *;t�"� ." 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