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<br /> F�. AU futurc advnnccs from Dcncticiary to Trustor or othcr futurc obligntions of Trustor to}.3encficiary undcr any
<br /> promi�.sory nate,contract,6uaranty,or ather cvidence of debt executeJ by Trustor in favur of BeneC�ciary executed
<br /> �fter this Security lnstrument whether or not this Security Instrument is speciCcally refcrenced.lf more than one
<br /> persc�n signs this Security Instrument,ench Trustor agrees thnt thig Secunty Instrument will secure ell future
<br /> �dvnnces and (uture oblig�tinns that are given to or incurred hy any one or more Trustor. or any one or more
<br /> T'tustor and othcrs.All futnre advances ond other future ohli�t+tions are sccured by this Security Instrument cven
<br /> a' thouFh nll c�r pnri may not yet he aJvaneed.All fuwre ndvances nnd other future oHligaticros ar�secured as i!madc
<br /> ' on the dnle of this Security Instrument.Nothing in this Security Instrument shall constitute a cc�mmitment to make ,
<br /> �- additinnnl or fuu�re los�ns or advences in nny amount.Any such commitment must be�greed to in n separlte writing. ,
<br /> '"""''�! (', All ohligntions'Prustor c�wcs tc�f3cneficinry,which may latcr nrisc,to thc cxtcnt not prahibitcd by Inw,including,but
<br /> ' '`'�"'`'°�� nc�t limited to,liabilities fur overdrafts relnting to any deposit account agreement he�ween Trustor�nd Bene[iciary.
<br /> I). All ���ldition.d sums adv�need tind expenses incurred by Eienetici�ry for insuring, preserving or c�therwisc
<br /> ^ protecting�he PropertX end its vt�luc and any other sums udvanced and expenses incurred l�y Beneficiary under .:-
<br /> the tcrms o[this Sccurity Instrumcnt. ' �`=-
<br /> 'T'hic Security Instrument wili nc�t secure any other debt i[Beneficiary Cails to give any requireJ ni�lice of thc ri�ht of
<br /> ' rescission. -_
<br /> ;s: 5. PAYMB[V i'S.Trustc�r agrees tht+t all payments imder the Secured Debt will be paid when due and in�ccordance with _ _
<br /> � the terms of the Secured Debt and this Security Inslrument.
<br /> 6. WARRANTY OF TITLE.Trustnr warrants that Trustor is or will be lawFully seized of the cstatc cc�nvcyed hy this
<br /> �. Security Inslrument and has thc right tu irrcvocably grant,convey,and scll the Prorcrty ta Trustce,in trust,with _
<br /> � power��f sale.Trustar also wenants ihat the Properiy�s unencumbercd.cxcept for cncumhrances of record. _
<br /> � 7. PRIOR SE:CURi'I'g'INTF.RFSTS.With rcgnrd to any other mortgagc.dced of trust,security Agrecment or othcr lien �i�'
<br /> - Jocumcnt thnt crcntcd.�priur sccurity intcrest or c:ncumbrance on thc Property,Trustor agrces:
<br /> � � A. 'I'o mnke�II p�yments when due and to pertorm or cc�mply with all rnvenants. �;_
<br /> Ii. 'To promptly dcliver to Beneficiary any noticcs thnt Trustor reccivcs Irom the holdcr. �.,.
<br /> ° C Not to�Ilow any modificntion or extension of,nor to request any future advanccs undcr any notc or ugrecment
<br /> � ' secureJ by the lien document without Beneficinry's priar written ronsent.
<br /> ; • B. (:I.AIMS A(:AINS7'TITI.F..'Trustor will pny all taxes,asscssmenlc. liens,cncumbr�nces,Iease p�ymcnts, ground
<br /> � rents, utilities, nnd c�ther charges relating ta the Praperty when due. Benefici:►ry may require Trustor to provide to
<br /> • Reneficiziry copies of all notices that such nmounts:►re due and the raeipts evidencing Trustor's payment.Trustor will
<br /> �?� �Icfcnd tiNc tc►thc Pmperry:+gainst any clnims thnt would impair thc lien ot this Secunty Instrumenl,'Trustnr ngrees to
<br />- s�ssi�n tci Beneficinry,as reqtte�ted by t3rneiiciary,any ri�;his,ciui�iis��i clei'cn.c,Trustc�r ms;h:lvC�!g?i(�cl �ntlt'os who
<br />" tiup�ly Isihor or mt�tcrinls to mainit�in or improvc thc Property.
<br />��r"��' �). 1)Uf QN SAI.F: OR FNCUMIiRANCE. OeneGciary mny, at its option, declare the cntirc bnlancr.c,f thc Sccured
<br /> Uebt tci hr imr��edia�ely due nnci payahle upan the creation nf,or contract for the creation c�f,any lien,encumhrance,
<br /> s%�;:�.��,;,�,,: trnnsfer or snle cif the Prc�perty.'I'his right is subject to the restrictions imposed hy federal law(12 C.F.R. 59l), as
<br /> -r r;..:•,,;.1�• a�pPlicahle.This covennnt shnll run with the Pmperty nnd shall rernain in effect until the Secured D�bt is paid in [ull
<br /> _�w��.., • .md this Sccurity Inslrumcnt is rcicnscJ.
<br />-�'�t'"�� 111, PROPF.RTY CUNI)ITIUN, ALTF.RATIUNS ANU INSPECTION.'I'rustor will kcep thc Property in buc�d
<br /> ;��..;�.��; ci�ndition �nd make all repairs tha� nre rensonaHly necessary.Trustor shall not cnmmit or allow any waste,
<br /> --'��_��7 impnirment,ar detcric�rntion of thc Property.Trustor will kec�Ihe Property frce of noxious wceds and grasses.
<br />�'a„�.F_;��;.� '1'ruslur��rees that the nature of the occupnncy and use will n�t suhstantinlly change without Beneficiary's prIor
<br />�-__°'-�:�y wriuen cunsent. Trustor will not pennit anx change in any license,restrictive covenant or easement wUhout
<br />�'�--�•�: Reneficisiry's rric�r wriUen cc�nsent. 'T'rustor w�ll notify Beneficinry��f nll demanJs,praceedings,cl�+ims, end nctions
<br /> �:�_ �'�-�-�" a�;�iin�I'1'ru�N�r,nnd uf any luss c�r damagc to thc Property.
<br /> "''='`�"�� iicne[icinry nr Beneficiary's agents mny, at Beneficinry s option, enter the Property at any re�sonlble time for the
<br />-- --=-a� purpuse of inspecting the Praperty. Bencficiary shall give Trustor notice at the time ot or before an inspection
<br /> --_--- s�xcJ�ing n reasonahlc�urpose fc�r the inspecticm. An�inspection of tlie Property shall be entirely for E3eneticiary's
<br />_�AyM;?�' bcnetit and 7'rustnr will m no way rely on Bcne�ciary's�nspection.
<br />�`" �""': ;;� 11. AUTHURITY'fO1'�RFO�M.lf'I'rustor[ails to perfarm�ny duty or any ot thc covcnants cmm�incd in this Sccurity
<br />����� In�trumcnl,Iicncficiary may,withnut nuticc,per(c�rm or cause them to he per[�rmed.Trustor appoints Bcnc(iciary ns —
<br />_��:_,��;=:°� .iucirney in fiict tu sign'I'rustor's m�me��r pay any nmount necessary for Per[ormanee,Benc[iciary's riglit to periorm
<br /> ���.J ���� iur Trutitor shall nut cre:►te an obligation to�er[orm,nncl BeneCieiary's failure tc�perforni will not precludc BeneGeiary
<br />_,,:.1�,�';°� fre�m cxcrcisinF�my of Bencficinry's other nghts under the law��r�hig Securiry Instrumcnt.If 1ny construction on lhc
<br />---=�N-,^,� 1'ro��crly i�discnntinucd or not c�n�cd cm in�rcnsonable manncr,Beneticiary may take all stcr�s neccssary to protect
<br /> -=-.,w:� licncficu�ry'.r•sccuri�y intcrest in ihc Property,including completivn uf the construcUon,
<br />�',�:;�,���� t2. AS5!(:NMENT OF LF.ASES AND R[;IV'I:s.Trustor irrevocably grants,convcys�nd sclls to Trustcc,in trust for thc
<br />=:;';s:�''�' �- hcnefit of Rcnefici�iry, in additional sccurity ali thc right,titic and �ntcrest in and to�ny and all cxisting or futurc
<br /> � � ��=�== � Ic�scs,sUhlcsiscs, smd any oti�cr writtcn ��r vcrbal agrcemcnts for tl�c usc StnJ occupancy c�f any pi�rtion of thc
<br />=�t.'`���.:{;'� ` f'roperty, includin�;any cxtcnsions, rcncwals, modifications or suhstitutions of such agrcemcnts (all re[crrcd to as
<br /> � "I.ra�:cs")i►nd rents,issucs and profits(all rcfcrrcd to as"Rents").Trustor wiU prompUy prcrvidc Benc[icinry with truc ---
<br />" :�nd correct cc�pies of nll existing and ittture Le�ses.Trustor may cullect,reccive,enjoy and use ihe Rents s<�lcmg as _._�
<br /> _ ,=�i Trustor is not in dcfnult imdcr thc tcrn�s c�[this Security Instrumenl. .....
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<br /> ' 'I'rustar acknowlcdgcs thnt this nssignmrnt is rcrfcctcd upon thc rccorcling nf this Dced of'i'rust and that E3cnc[iciary iti _.
<br />�:-.; �.. � �' cntiticd tu nc�tity tiny<�[7'rustot s trnant� tu m:+kc paymcnt n[Rents duc c�r tc� bccomc duc tc> Rcncficiary. I lowcvcr. ":�`,�."-:
<br />- licn�fici�iry���;rcr�Ihs►t only�m dcfsudt will Hcncficinry notify'i'ruslur and'I'rustcir'�tcnants acticl makc dcmf�nd th.it��II --
<br /> ,. futuro Rcnts bc nnid directly to Iicncficiary.Un receiving notice of Je[iiult,'Crustur will cnJurse Find delivcr tc� __
<br /> �'�t'!� I�cncficinry nny p:iymcnt cif Rcnts in'1'rustor's pnssessicm and will receivc iiny Rcnts in trust for l3cnel'ici�►ry nnd witl -
<br />�- �_--.—— ....� ..........:....i..���..RnMc wilh�nv ocher funds. Anv amounts collectcd will bc applicd as proviJed in this 5ccurity :
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<br />_ ..:f s Instrumcnl.'I'ructor w�rrants thnt no default cxists undcr thc I.cascs c�r any applic��Nlc landlord/tcnant iaw.i ruscor�iso .-
<br />` • si�rccs to m�intain ond reyuirc any tenant to comply with the terms oC thc Lcases and applic�ble law. ,..
<br />�" 13. LI�.ASH:f�ULI)S; CUNUOMINIUMS; A'I.ANNED UNIT bEV6WPMENTS.'I'rustor:+�;rccs to comply with thc
<br />- . ' provisicros uf any Ieasr,if this Security Instrument is e►n a IeaseholJ. If the Property includes a unit in a cundominium
<br /> or s� planncd unit devclopment,Trustor will perform 711 of '1'rustor's dutics under the covcnants,by-laws,c�r
<br /> � � rckulntiuns uf thc condomimum nr pl:+nncd unit dcvclopment.
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