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<br /> � • r B.All fntuce advanoes from Beuefi^iary tc T:Y:r�si or M�e: :ntw� �bligations af Tzu.,�r o Bene ciary under any °' ' �'
<br /> _ •'` � _ pmmissory note.con�act,Suaraary.or c••Ir::�r.dence af aat►:�.Y�uted by T:�stor in fa�or o£Benefici�ry executed ,
<br /> `. :�. ;• after this Sxuiity Inmtm�nt s�rle��er a:r.et tGis Security Im�tmrnent is sp�!fcally refr�uce.d. If more than one , . �
<br /> � , persoa signs ti�is Security.ln�tn:�nt. �.ch i:vstor��r.es that this Secnnty Instrument vuil! secnre nll futate _ � :,-:
<br /> advances and funae obligaaons tbat ar�gi�ui to or iixnrre�!by a�y one or moce TnuKOr,u:ai�y one or�uore Tnutor _ , . . ,
<br /> . . and others.pll fupue advances aud other fnture abliga�ans a�secnred By il�is Security I�uument even though all . : .
<br /> ' ,' or gart may not prt 6e advanced.AIi fuwre zdvancc�and ather fuaue obligaaons are secitted as if made oa thc date - ,
<br /> : of this Secui�ty Iastr�men�Nesthiu�;.n this Securiry Im*rumen:shaU oonsutute a camnutmem to make additional ar . . �
<br /> , � . ,.�, famre loans or advances in any amount.Auy such conwitment must be a�to in a�rparate wririug. -,"�
<br /> • •� • '" ='� C.All ohligadons Trustor ov�es to Benef�ctiary, rrhich may later arisr.to tFie extent not proh►bite�l by law, including• - �� .. .
<br /> -`�`�����Y � but noi Wnited to. liabiliti�: for overdzafb relatinQ to any depost accouni agree�nent between Trastor and . ,
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<br /> , .'::z<�,�;�.;.., Beneficiaty. � ,-, •
<br /> � � `=� D.All addiaonal snms adv�anced and ea�pc,ucs incurced by Beneficiary for insuring,preser�7ng or otlieiwise pmtectiug . , .
<br /> the Property and its value and any�ther sums advancr7:snd racpeiues in.°uired by Beneflciary nnder the tem�s of tWs t; <'. � r• � `,:
<br /> , ' : Secarity[nsawmen�
<br /> .' � � , ` This Security Iustnunent �vill not s�ca�atty otfier debt if Beneficiary fails to gve sny nequired nutice of tLe right of '. ' ,n. : . • �
<br /> . , n:scission. „
<br />_° ` . ' ' - 5. PAYMEN'L'S.Tmscor agrees tbat ail pa}nnrnts uuder thr S�:ured Debt will be paid wiicn due and in accardam:e witb tlie . � �•;,�`�;
<br /> � _ tem�s of the Secunxl Debt anJ this Secunty Insaument. • .-� _•�
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<br /> • � 6. WARRANTY OF TI'�LE.Tzustos warrants that Tnut.ar is cr wiil be lawfolly seized of die rstate conve,yed by this '.;':�:�'��-::.
<br /> ' .`.�; Sec�rity Iu�tnuneat and bas the right ta irrevucably giaut.wnsey.and sell tke Psoprrty ro Tn�aee.'sa trus�witb power uf , � =`:-
<br /> • � sale.Tnutor at,o wartaats that the Pmpercy is urnsu.'nmbeceJ,exceps for encnnibrauces af rrcatel. . ' +
<br />- . .� ` 7. PRIQR SECURITY IIVTERCSTS. 1��:i ngard to any utLer mort abc.��1 of ucsi,security agrPewenc or other lieu � ' �'��
<br /> dacument tLat created a prior sccurity iaterest ur encumbra�.e on th��Peny.Tru,tor agrces: , . .•;`�°"' _
<br /> ' . A To mal:e all paywents when dce ancl to perf�rm ur co�ngly with all�ovrnants. , • .. .�`•;�-��-°
<br /> B.To prompdp cleliver to Benef�-iary:�y�wtices that Tmstos rrceivas fmr�the L:,tder. , •
<br /> • ` _ C.Nut to alluw any modifccauon or:�cttasian cf, nnr;n rrqurst:u.y future ad�ance�under any note or agreeaieat �-��---�����_
<br />� securecl by tl�e lieu doc�iesu v�it�out 3et�ficidry's prior wntten rni�sea�. � - : �%_
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<br /> 8. CLAANS AGAINST TT�LE.Tntstor will pay aq eaxzs. assess►neuts Iien,,cncunibrances,leas:payraen�s,ground cent�, ��'�'::;.�4-�
<br /> � • � utilides,and other charges relating w the Property when due. Beneh'ciary n�y rec�uire Tnu-tor to provide to Heaeficiary � ��--�•', �-�-
<br /> _, ,.:. .. �upies af all naticxs that sach ammmts are dne and the recxipts eviclenciug Tsustor s pa}mient.Tra�stor will defend tide to -, ��` `�`°_'
<br /> . ' . the Property :�aina�t any claims tHat�vau:d impair tlie 1'ser. uf this Security In,'trumen� Tn�stor agrees to a�.sign to �;
<br />_ .• . B�nefic�ary,as reqaested by Ben.ficiary.any rigl�ts,clainu ar d�fenses Trw�tur tnay have ngainst parties who svpply lab�r •'.'=;#�e:,
<br /> or maten"al.c to n��untaiu or in�prove the 1'ro�rty: ... . - • • �^�.;'`
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<br /> :��, 9. DI]E ON SALE OR ENCi]MBRANC�: Benefic'�a•ry may,at its o�aon;declare ihe�ntire bala�e of the Secvred Debt to '' ��` "�`
<br /> � . � � i8:immediately dua and,payable upan.ttce c�ation of;or wnuazt tor die creadon of, aay lien,encambrance. uansfer or -- —
<br /> ! sale of the Pro e Tfus n ht u sub crt tu tte'restrictions im oseci by federal!aw�(12 C.F.R.�591),asapplicab2e.This . � �'--
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<br /> : G�veaant�1�11 iuu Kith the 1'roperty acJ sliall iemain iu etteet until the Secured Debt i,paid in�.i[t and Ehis Secudty
<br /> � It��ume�t is relta�ed. . � . • . .�«�.,;_
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<br /> ' 10.PROP�tTX CONDITION, ALTERATIONS AllD WSPEC7'ICN, Trusuit will keep d►e.Prpperry in good condition ' =r
<br /> ' a�id make a11 iepairs that are'rea.sonably necessaPy. Tnuwr sball noc rnmaut or alla�v any wastr, impaimient, ur ..�-�.'-r:''
<br /> " Y' ctetedoratian of the Propeny. Tnuu�r will keep the Propem� frc�of nosiou;weeds and grasses. Trustor agre:s that the ,°=���'"
<br /> • , .' niture of the occunancy:t- nd use«yl: not sub5�ntially cl�ang:widiaut lieuefic'w•ry s prior writttn co:�.seu:. TrasWr will aot �� ''��---.
<br /> � . • . . p.•rmit any change in sury license,re�trictive covenar.t ar easem:ut�ti�s�hoat Deneficiar}'a priat wsittc�:consent.Trustar�cill �:�"..�tr':: :
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<br /> • notity Beneticiary af all drn�nJs; Proceedings, clain►s, ar�t:�cdotu agai�tsl Trustor, and of arry tau ar damagC a the , ... '��
<br /> ; . . . _, Property. ���:
<br /> �� Benefici or Be��efic 's ageuts ma.•�t BeueGc�ary's o ticn,e�:ei tire Pra erry at;iay rr:u�nabl�fisne far the ose '�'""T
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<br /> _..� . of iacpectm3 the Property. Beneficiary sl�all.give Trustar notice at Uie tiine of or be:'ore »n inspecunn .�pe:��yiag a � • ...r--:-
<br />'� ! . reasoaable purpose for tue iasp�rion. Any mspection of tha Pnrperty sh�lt be rntirely far Retieti•:iery's bene�it and - z:�=:
<br /> Tinstor will in no way rely ou 8�mef iciary's i�:pc..uan. • .. � :
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<br /> . ���4 Il. AUTHORI'�Y TO P�aiFORi11.If Tro.stnr fails w p:�fo:a�airy Ju�y o:any of Gie covert;ui�s cflnt�ined in this Security . , � �
<br /> ' ' U�suument. Beneficiary snay, withvut not�ce, �erfi�nu cir cause thein to 6e•�serfonned. Trustor appoin�c Ben:ficiary as
<br /> � atiomey in fact w sigu Ttastor's�umc or pny a��y amoun�ne;ts.;?ry for perfom�ance. Beu:ficiary�s aght to erform far -;
<br /> � � � Trustor shall not create an obligatiaa ta edonn,aad Beir:f�ci�ry s failure to perfomi will rwt preclude Beu:.�ciary from , ;; � '�:
<br /> ' � exercisin�any of Beneficiary'a other rig�ts uu�er d,r l.iw�:d�is S�,�urity Itvtrument. If any consuuc�aon on q�e Prop erty �°�� .��
<br /> ' ' is disconnnued or not canie�l oa in a�easonable manner. Der.efici.�uy.may tak�ail steps nece�sary to protecc Bene fic�s i r y's •
<br /> � � security iuterest in thc Property.ineludiis;;cam�leti�n Af ih:consttucuuu: ' �• .'
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<br /> � . ' 12. ASSIGNMENT OF LEASCS AND RE!�7TS. Trustor irrcv�c�►bly gr.uus, wnveys aild s_l!s to Tnu[ee. in uust for the ; • . � � �
<br /> ��� benefit af Beneficisiry. as addiaoual security a11 the rigIu.t'i•.!�ancl interest in and to any xnd all existing or fatare teases. . ,
<br /> ' � subleases,and any udier writted dr verbal abr�men�ti far the use�uid uccGpaucy of any portion of the Yroperty.including .. . . •
<br /> '" � any extensions.fet1CN'�IS.modification�or substitutio:ts of sucl�agr:ements lall refernd to as'Leases°):md rents, issues �
<br /> ; a�id profits (all refcrced to as 'Rei�ts'): 'fq:stur�vill pro�nptly providr Ber.efi�iary �tiith uue."and cnnect copies uf all . .
<br /> exishng and fi�rore Leases.Trustor may.collect.receive, c��joy aaJ w:dte Rehts so long a,Trustar•is not in default under .
<br /> ..' i the terms of tlus Securi3y l�utrtimeu�. . . , :• • � • . � .
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<br /> � Trustor ackno�rlesbes�t�ae tl�i�a,si�u�uen�is irrfec�r�f u�:... .ii�::ecrJi;�;oF th:s D:ed uF Truxt and that Beneficicuy is
<br /> j entided to notify 1ny o.°Tr,islor's ten��G+to m:�:e�rayiner.t uf Rrn�s Qur or tu l�ecome �ue ta H�ueficiary. }iowever
<br /> � Beneticiary a�r�..-s Ucr: u�il� �n�default will T3:ntfic�ary nutify 'frustar and Tnuter's t:u�uus.uiJ m�ke dein�+��d U�at alj . .. .
<br /> fi�ture Rent�be pa�d dire�dy:r Beaeficiary;Ci�nteicin�nati.0 O�(�Cf IUI�.'Ttustor��ill endarse xuJ deliver ro Brnefici�ry
<br /> � ! arry payn�:nt of Rrnts iu Tr,�stor'�r„ssessicn and will rcccive:u:y .^.e:rts i��iru::t for Deuetiriary��nd wil:not crnnmingte • �
<br /> ' � the Rents widi any o�lier fur:1�.Aiiy;��t��unts cullu:cJ anll.h�:;!m1i�•:! ;ss pu�vidrd iu d�is Srrur�t} h�struntent. Trustor
<br /> � warrahts�hat no deEmlt cxistti unJ�_r die:.�:ces ur Fuiy a,plis.ible I:in�k::Jltciw�:t 1:►w.Trustor al.�a+rers to maintain and ' •
<br /> ' i rrquirc any ten�nt t��c��mp!.,..:ith ti�c icmis of:he I.catic::auJ r.ppfir.►b!:I..u. '
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<br /> 13. LEASEHOLDS;•CONOOAflNlUl11S; i'LANNED UNIT'U1:Y�'I.UPMENTS. Trus!or :�brr:�, to comply, witl� thc �
<br /> provisiutu uf any lea,r if cl�;s 5ecurity Instrwner.t is o��.i Ir::�el�uli:. :t':];c Pn�peny indudcx:unit���a sondo:umium ar a '
<br /> '`'' � platuied writ e!evelopm�:nt.'frusior will perfon:�;�tl of 7'rwwr';d�t::s un�er t1�t cuvenants,h�•-latvs.or tegut:uic�:is of the ' •�
<br /> , i umd��n�iniun�ur plaroied�mat de�•e:npment. • • ,
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