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<br /> B. AU futurc ndvnnces from Bencficinry to Trustor or uthac future obin�oti�ns of Tnistor to 13enr.�ir,�nry under nny _
<br /> promissory note, contract, suAraiuy, or ather evidence of d�bt exietinb aow or executed nfter this Deed of Trust ` U.
<br /> ' whether or not thlo Dced of Tnist is epecifically refet�ed to in U�r. evidcnce of debt. __
<br /> C. 81W ob�lcguding, butsnot limita� t�oIIllabilIIit es fojr ovardraft.��trelad Byto�tun dep s t accauntnn�cem ntlbjet�wcen " ., °
<br /> 'frusror nnd Beneficinry. _
<br /> 1 17. All additional emr�v advanced and expense,incurred b�F.r,neFr.inry foa insuring,preserving ar othervise protectin�
<br /> the Property and its value and any ather sums advnaced and exncnses incurnd by Den$fioinry under the term9 of
<br /> I tbis Aeed �f Trust, plus interest at the highest rate in ef�i:ct, fcmm time to tinte, as provided in the Evidence of �
<br /> �' ; Debt. „ ' L
<br /> E. Trustor's perfdrmans,e under the tern�s of any instrument evidencinQ a debt by Tcustor to T3eneficiary and any Deed
<br /> iof Trust 5ecuting,guurantying,or othetwise relatfnQ ta tl�e ds6t. i
<br /> Yf mon than one mrson signs this Deed of Trsct as Tructor, ench Tru�tor a�raes that this Decd of Trust �vill secure all ..+
<br /> future�dvances and future obligations descn'Ucd above thnt are�iven to or incurred by any one os�nore Trustor, or tmy .. ;:;,i,�;.;. •
<br /> one or more Trustor and others.'Ihis Deed of Tntet witl not cecu�any other debt if Beueficiary faile, with msPece ta such :Y�
<br /> ather debt,to make any required disclosure about thto Deed of Truat or if Seneficiary fails to Five any requir�d noticc of ,:�
<br /> thc right of rescisslon. i'��'�`"��'�`
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<br /> � 5. PAYD�NTS.Trustor agrees to make all punneatca on the Secumd Debt when due and in accordsnce wilh the termg of We ___
<br /> � Evidence of Debt or tlus Deecl of Trust. "t.__ `__--
<br /> � 6, WA�RANTY OT TITLE.Trustor covenanis that Tniator is Iawfully seized of the c.wtate convayed by this Deed af'Trus� ' v� -
<br /> a n d h e s t h e r i g h t t o i r r ev o c a�l y�rant,coave y and scll to�'n►stee, in tsust, wi�h pow�r of sale, 4he Property and warrauts '�.:.
<br /> •�:I tUat the Property is unencumbered,except far encumbrances of�cord. _ ---
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<br /> � 7. CLAIlViS AGAENS'I'7TTLE•Trustor w)11 pAy all uu�ea,assessment�, lxena. encumbrances,loxsc pnymeats,ground rents,
<br /> , :;� � utUities, and oth�r charges relating to the Fcopemy when dua. Beneficiary mey requixe Tn�stor to p�•ovide to Heneficlary � '� _ v
<br /> . ,�.•;, cupies of all notices that such amounts a�duc and the receipw evidencing Ttustor's p�yment. Trusror will defend title ta
<br /> _� the property against any claims that would impuic the lian of thin Deed of Trust. Tnutor agrc:c.v to aesign to Beneficiaiy,ae ,` ,
<br /> �� ' requested by Beneficiary, any rlshts. ciuims or defanses which Trustor may have against parties who supply Iabor or y ;!_�
<br /> �' "� materials to impmve or maintain the Propeny. ��
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<br /> - �- -_-- - 8. PRII�Dit SECURl'PY 1T1TE r�se�urit Win�rest�or1enc mb flnce n theaProperty and`that�may have pnonty o er this Deed .,r
<br /> - .�;;.,;,•j document that created P Y _
<br /> . af Trust,Trustor agrees: ,;
<br /> . A. To make all payments when due and to perform or comply with all covenants. •,
<br /> B. To prompdy deliver to�eneRciary Any notices thnt Truotor c�ceives from the holder. �?`i�
<br /> � •'�+'•••• � C. Not to make or permit any modificat[an or extemsian of,and not ro request or Accspt nny fi�tw�e advances�nder any � ; .
<br /> '�`.'� `� note or agreement seciu+ed by,the other iaart�nge, deed of uuat or securlty agrcement unless Beaeficiary conscutn
<br />- ''`.. � in writing.
<br /> � 9. DUE ON SALE OR ENCUMBRANCE.84nnt�ciary muy,at it�opdon,declare the entire balance of the Secured De�t tn __ _ �-
<br /> �� ' b e i m m e d i a t e l y d ue and pa yable u p on the cr��tian of any lien,eacumbrance,transf�r,or sale, or conuact for any of thes�:
<br /> � ,.;;:��,.. �, on the Property. However, if the Propeny includes Tntat�r's msi dencc, t l ils s e c d o n s h a U b s s u U j c:c t t o d i e r e s t r l c d o»a .��
<br /> • •a•:;,r irtrposed by federal law(12 C.1�.R. 591), a�applicaNl�.For the purposes of thiR section,the torm"Property"also include:� _
<br />_ . '`+';� . � any interest to all or uny part of the Property. 'fhin cavenant shall run witli the Prape�ty und sh�ll remain in effect�wtll tLe f_
<br /> � , S e c u r e d Debt is paid in full and this Deed af'Ttuet is xeleased. ;.��___.—
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<br /> +� ,t;.� 10.TRANSFER OF AN IIVTEREST IN TIi� Gk�1►NTQR. If Tniator is an entity other than a natural person(sucli ns n �:-`
<br /> 'r corporation or ather organiznunn), Benoficiary mny demnnd im►nediute paymant if(1) a b�noflcial interest in'IYustor ie �;��;,_.:.:,y�
<br /> • ��#�t � sold or transfezresi; (2)there ie n change in either the idcntiry or number of inemt�era of a partnersLip; or(3)tlicrc io a �,.A__-T...._.�-
<br />= change in ownership of more chan 25 Percent of t6e voting stack of a corporation.Fiowever, Auneficiary may uot demnnd �--- —
<br />;' � �, payment in the above situations if it is proUit�itad by luw as of t�a date of thia Deed of Trust. � �
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<br /> • '',^%���,. � 11.E N T T I'Y W A R R A N'I'I F.S A N D a t E P R E S E N T A T I O N S. I f T c u a t o r i s a n e n t i ry o t h er thnn a natural person(sucu t�s u -�:��C/ �t�._
<br /> ��'T�iY{Y:•��OG. .
<br /> . . ':io,:`' r • corporation or other orgasization), Trustor mnkes ta Beneficiary tlie following wtirrinties and��epresentations arhicli ehtill � 3`k2�t�,'.� s,:•
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<br /> be continuing as long as the Secured Debt rcmains outstanding: �.; ":�=.. "
<br /> A. Trusror is an endty which is duly arganized and v:�Edly existing in the Trustor's state of incorporuiou (or • '�,-.;.��;��:'°�
<br /> organization). Trustor is in goocl standing in ali states iu which Trustor uansacts business. Trustor has the power . .:.,'�.:'':`�.:.�.;,
<br /> ' �' ' and authority to own the Propeny and to carry on it� bueuiess as now being conducted and, as applicable, is � ,:.(^;,ti�;,-w;`";.,y;�;_�.
<br /> qualified to do so in each etate in which Truator operates. �`�i� .'•. '`
<br /> B. The execution, delivery and perfatmance af ihis Deed of Trust by Trustor and the obligatlon evidc�oed by the �`;:;?����".:;�:
<br /> Evidence of Debt are within the go��er of Trustor, have been duly authorized, havc receivcd all necessary . .
<br /> govemmental approval,and wll[not violate any provtaicnn of law,or order of court or govemmental a�ency. •�
<br />- C. Other than disclosed in writing Tcuswr hus not changed its namc within the last ten ycars und has not used any .
<br /> � other trade or fictitious name. Withuut IIenefieiary's prior written conseut, Trustor doss not and �vill not use any
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<br /> other name and will preserve its existing name,tradc names and frandiises until the Securecl Debt is satiufced.
<br /> _ _ .._____• ___. ._—.�.......�... ..,..m�visanminN T...��..v will 4cwn thn PMtfCitV in aood condition "
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<br /> ' 12.PROPER'TX CvNDI'raur, AL1Ctct�ttvi�� ru�cv u�.va...,....,,.. ....�••,• .._ - - --
<br /> � attd make all repairs that are reasonably necessary. Tnisror will Bive Beneficiary prompt notice of any loss or dumage to , • _ '
<br /> the Property.rrustor will kecp thc Propcny fi�ee of noxioue weeda und Q�asses.Tcustor�vill not initiate,join in or consent
<br /> � � to any change in any private restrictive covenant, zoning o►diunnee or o dter pu U lic or privete restriction limiting or
<br /> definin� the uses whicU may be made of the Proparty or �u►y �nn of the Property, without Beneficiary's prior writtcn
<br /> I consent. Trustor will notify Beneficiary of all demande, p�ccx:dt�igs, claims. and actions a�ulnst Trustor or :uiy other
<br /> owner made under law or regulation regarding use,ownerch[p and cecupuncy of the Pinperty.Tcustor will comply with all l
<br /> Iegal requimments ar.d restdctions,whether public or private, �v itli i yspect to dte use of the Proparty. Trustor also agm.,s
<br /> - ' that tlie nature of the occupancy and use�vill not change widinut�eneficiury's prior written consent.
<br /> No porcion of the Pcopc:ny wiU be removed,demolished or materiully alcercd widiout Benef3ciary's prior written consent
<br /> except that Trustor has the right to remove items of person�l proper�y cornprisin�a part of the propercy that Uecome wom
<br /> Nnc�a oi 6
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