10210 EVERGREEN WAY 2018-01-01 MF Import

� t of the foregoing items and all rights to encumber any of the foregoing for debt. � TO SECURE'ITiE FOLLOWING("Sceurr,d Obligations"): I (a) Payment of the sum of TPJO HLJNDRED 7'HIRTY TWO TFIOUSAND � DOLL 4RS ($232,000),with interest thereon,according to the terms and provisions af a promissory note("Note")of e,�date,made by Borrower and pay3b�e to Lender,including any and ail modifications,extensions,renewals,restatements and replacements thereoF together with full and faithful perfonnance of all Grantor's other obligations W Beneficiary now existing or hereafter incurred. (b) Payment of ail sums advanced to protect the securiry of this Deed of Trust, II together with interest thereon as herein provided; (c) Payment of all other sums which aze or which may become owing under the Loan Documents; (d) Performance of all of Borrower's other obligations under the Loan Documents. As used herein,thc term "Loan Documents"means the Note,this Deed of Trust,and all related documents and instruments (except the Hazardous Substance and Building Laws Indernnity),and any and all modifications, extensions, renewals,restatements and replacements thereof. The indebtedness secured by this need ofTrust may be indexed, adjusted,renewed or rrnegotiated. BORROWER HEREBY REPRESENTS,WARRANTS,COVENANTS AND AGREES AS FOLLOWS: ARTTCLE I TITLE AND USE I.1 Warrac� Title. Borrower covenants and agrees that: (i)Borrower is lawfiilly seized of the estate hereby conveyed and has full right and power to grant,convey and assign the Property,(ii)the Property is firee from]iens,encumbrances, exceptions and other chazges of any kind whatsoever,except for the petmitted exceptions ("Permitted Exceptions") listed on Exhibit A,(iii)no othet liens or encumbrances,v,�hether superior or inferior to this Deed of Tcust,W ill be created or suffered to be created by Boaowa without the prior writtcn consent of L.ender,(iv)no default on the paR of Borrower or any other person exists under any of the Permitted Exceptions and all of the Permitted Exceptions are in full force and effect and in good standing,without modification,(v)complete and cuaent copies of the Permitted Exceptions have been fumished to Lender, and none of them have been or wi11 be modified by Borrower without Lendets prior written consent,(vi)Borrower shall fully comply with all the terms of the Permitted Exceptions and shall deliver to Lender 4 980601 () 9 � 4