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<br /> ' 1 B. All f'uture udvances from Beneticiary to'fruetor or othcr future obligutions of Trustor to E3cncficiury under any ° t
<br /> promissory note, cantract, guarnnty, or other evidence of debt exiRtins now or ex�xuted sfter thts Deed of Trust V
<br /> whether or not thls Aeed of 7'rust ie specifically referred to !n thc evidcnce of debt. .
<br /> C. All obligations Trustar owea to Beneficlary, which now exiet or mey later urisc, to thr.extent not prohibfted by �_
<br /> } law, inclu�ing, but not limlted to, liabilittes for overdruRs relnting to any deposlt account agreement between .;,
<br /> , � 'i'ruetoe and t3eneftciury. _ �
<br /> D. All addltional sums advenwd a�id expeuses incurr;,cl by Denefici,vy for insuring,pmscrving o�o[hecwise protectin� � ,
<br /> the Property and its velue azid any other sums advunced and expenses incurred by Beaeficiary under tlie terms of ; .
<br /> thie Deed of Trust, plus interest at the highest rate in effect, from tlme to time, as provided in the Evidence of , ,.
<br /> -•� Debt. '
<br /> • E. Trustor's perfom�ance under the tem�s of any instn�rnent evidencing a debt by Trustor to Beneficiary and any Deed �
<br /> of Trust securtng,guarantying,or otherwise relating to the debt. , , ..
<br /> . , .. , .
<br /> if more than one person signs this Deed of Trust as Trustor,each Trustor agrees that this Deed of Trust will secure ali :`.,_�, ��r7�
<br /> : ,,:�,;�}• ��?':.
<br /> r�,,tt;,��4:;,�c�s aBd�n,��mbl'egat�uns c�escrlbed above that are givea to or inci�rred by ar�y ona or more 'frustor, or any ,,l#k'�
<br /> c:s crr,n;,T�'�1^�;i�z�ua����;s.Thas����of Trust will not secu��amy other dzbt if�nef�a�ry f�ils. �ric�n r�s�,'ct to suah �;•t:� .•�'t•
<br /> � other�fi;,aa�:1=�3�nFC��.�iQ��c�isciosurr alrout this Dee� of'II�rust or if�ensficilry ft�Ds to g�ve ar�y r�uis�ri ne�tice�f . _.---�-�—
<br /> , the right ni,-�cissi�u_ =•:��-
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<br /> � 5. PAY&�IYTS.Trus;�:a�grees to ze�:u�a�3 p�ys�n�s an ��e Secured Debt when dae and in accordance with the term5 of We ;;',Fl;;�
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<br /> • 6. WA]RRAN'I'Y OF TITLE. 'frustor..ovennnts t;�nt Trusror is larvffully sei�ed o�'1he estate conveved by this Deed of Trust . ..,,,�
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<br /> . . and has the�ight to irrevocably�rant,convey and sell to Trustee.in xrust, w;�rh power uf s�l�, the Progztty and wanants ,. ,�;'_,M,��,;,,�;,::.
<br /> � � . �� , that the Property is unencumbered,except for encumbrances of rewtd. :�{��:
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<br /> '� �, 7. C�.AIIviS AGAINST TTI'LE•TYustor will pay all taaes,assesa�ents,lien�,encumbrauces.lease payments,,�ound rents, ��1�t"" ;
<br /> utilities, and other char�es relating to the Property when due.B�neficiary may require Truator to provide to Be�efici�:y Y+;-�•. �s
<br /> �. copies of all notices that such ar�ounts are due and the receipts¢vi�enoing Tcustor's paytnent. Trustor will defead s�:1t�'to ��}�� ��:,;�•., .
<br /> the ProPertY g ih�.i+
<br /> a ainst any cleims that would impair the tien of this�sesl of rrust.Trustor agrees to assign to BeneficnPa}•, ;LS �{ ,,;.
<br /> ��`:�.
<br /> � 'r� requested by Beneficiary. any rights, claims or defenses w�ic'rc Trustor may have ageinst parties who sup�ly D2�ti az ���1 �• ,;,
<br /> '_�1 materials to improve or maintain the Property. �,:� .
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<br /> f-•^----- �7 8. PRIOR S�CiJRI'�Y INTERESTS. With tegurd to any other mortgage, deed of trust, security agreemens a;o�Pi�i�n ����,
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<br /> �'k':; document that created a prior securlty interest or encumbrence on the Property and that may have prioric�+Obl2L TtllB DCCtI 'i t,r,
<br /> ' �� of Trust,Trustor flgrces: `
<br /> t�., A. To make all payments when due and to perform or comply with all covenants. ,.;`
<br /> - �•-�` B. To promgtly deliver to Beneficiary any notices that'II'rustor receives from the holder. ,;;:
<br /> .�;•: . ..-
<br /> C. Not to malce ur permit any modification ar extension of,and not to request or accept any future advances under any �
<br /> � note or agreement secured by,the other inortgage, deed of nust or security agreement unless Beneficiary consents +��'�-
<br /> �i•"
<br /> in wr[tiag.
<br /> 9. DUE ON SALE OR ENCiJNIBRANCE.Beneficiary may. at its option,declare the endre balance of the Secured Debt to
<br /> " be immediately due and payable upon the creation of any lien,encumbrnnce,transfer,or sale, or contract for any of these
<br /> on the Property. However, if the Property includes Trustois residence, this secdon shall be subject to the restrlctions � �..�`
<br /> .. imposed by federal luw(12 C.F.�.591),as applicable.For the pucposes of this section,the rerm"Property" also includes
<br /> �r. ��� any interest to all or any part of the Property.This coveaant shall cun with the Property aud shall remain in effect untll the
<br /> Secured Debt i.9 paid in full and this Deed of Txust is mleased. _-
<br /> � 1�D.'Y'RANSFER OF AN IIVTE1tFST IN'T� GRANTOR. If Trustor is an entiry other than a natural peeson(such as a _—
<br /> corporatton or other organization), Beneficiary anay demand immedlate payment if(1) a beneficial interest in TYusror is _•
<br /> " -��� sold or uansfened; (2)tl�ere is a change in either the identiry or number o f inem bers o f a p a r t aers h ip; or(3)there is a :::��— __ ..
<br />--��' • change in ownership of more than 25 percent of the voting stock of a corporation.However,Beneficiary may not demand s;=—
<br />�`'`" � • , � payment in the above situafions if it is prohibited by law as of the date of this Deed of Trust. •-;_. —
<br /> � -�----��-
<br /> 11.ENTITY WARRANTIES ANA �EPRESENTATIONS. If Truator is an entity other than a natural person(such as a ��._�
<br /> .. ;�;; corporaUon or other organlzation),Trustor makes to Beneficinry the following warranties and representations which shall =-__-____ __
<br /> `%. be cantinuing as long ns the Secured Debt remains outstaading: :=��---=��Y
<br /> � �;-v�.�.�-----_
<br /> A. Tmstor is an entity which is duly organized and validly existirig in the Trustor s state of incorporation (or .•�a�:��_:
<br /> ` urgunization). Trustor ie in good standing in all states in which Trustor trnnsacts business. Trustor has the power �s�;„���-
<br /> �"�:�;:: and authodty to own the Property and to cazry on Its business as now being conducted and, as applicable, is ���?�"�"�bt�•
<br /> '.iYrS 4t4�At'd7�.Mi.�
<br /> �-• �i�.' qualified to do so in each state in which Trustor operates. �:'��,�'-'��" �`''�
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<br /> B. The execution, delivery and performance of thie Deed of Trust by Trustor and d�e obligation svidenced Uy the :.�;.;�A�>•';;�:•_
<br /> �� Evidence of Debt arc within the power of Trustor, have been duly authorized, have reccived all necessary _ z��.
<br /> ;�:- governmeutal approval,and wili not violate any provision of law,or order of court or governmental agency. � �;;���"',-
<br /> C. Other than disclosed in writing Trustor has not changed its name within the l.�st ten years and has not used any .:^A;y;�.-;'.;.
<br /> other trade or fictitious name. Withnut Beneficiary's prior written conseut, Trustor does not and will uot use any
<br /> other name and will preserve its existing name,trade names and franchises until the Secue�d Debt is satisfied.
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<br /> and make all repairs that are reasonably necessary.Trustor will give Benefici.�ry prompt notics of any loss or damage tn
<br /> � the Property.Trustor will keep the Property free of noxious weods and grasses.Tnistor will not initiate.join in or consent
<br /> to any change in any private restrictive covenant, zoninII oniinance or other public or priva!e restriction limiting or :
<br />- definin� che uses which may be made of the Properry or any pact of the Property, without Beneficiary's prior written
<br />� consent. Trustor will notify Beneficiary of all demunds. praceedings, cla�ms, end actions against Trustor or any other
<br />� owner made under law or regulation regutding use,ownership and occupancy of the Property.Trustor will comply with all
<br /> : legal requirements and resuictions, whetber public or pcivate, with respcxt to the use of the Property.'I'rustor also ngrees • ,
<br /> � that tlie nature of the occupancy and use will not change without Beneficiary's prior written consent.
<br />- No portion of the Property�vill be removed,demolished or materially altered without Beneficiary's prior written consent
<br />-. except that Trustor has the rigln to remove items of personal property wmprising a part of the Property that become worn
<br /> pago 2 oI 6
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