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<br /> � ' B. All futu�e ad+rances from Beaefciaiy to Tnutor or other future obligations of Tn�stor to Seneficiary under azry !
<br /> • ptpmissory note,conaact,guarantY.or other evidence of debt existing oow or executed after this Dead of Tnut i
<br /> . . whether or not thig Deed of Tmst is specificxlly ieferted to in the evidence of debt. ; . .
<br /> . C. All obligatioas?rustor owes to Benef ciary. wbich now exist or may later arise. to the extent not prohiibited by
<br /> �. . . law. iacluding, but not limited tu. liabilides for overdiafts relating w any deposii account agceenaent betareen
<br /> . . Tnuwr and Beneficiary. ieservin or otherwise mtecting � > .
<br /> • � D. All additioaal sums advanced anA expenses insuzred by Beneficiary foz insuriag.p S p t
<br /> the Property and its value and any other sums advanced and exp�ses incurred by Beaeficiary under the tenns of ��
<br /> � this Deed of Tntst. plus interest at the Irighest rate in effea. from dme to time. as provided in the Evidence of
<br /> • Debt.
<br /> _ , i E. Tnutnr's performance under the terms of any incr.,,ment evidencing a debt by Tnutor to Beneficiary and any Deed - - -- ,
<br /> i of Tmst securiag,guaiantYiaS.or oWerwise rela�in to We debt. .
<br /> , s If moie tbaa one petson signs this Dced of'Fn�st as Tzuswr,each Tnuwr agroes tbat this Dced oF Tmst v,ill seaue all �
<br /> {��,�e s a n d f u t a i e o 6 li g a rians descn'bed above that aie given to or inc�ned by aay one or more Tcustor.or aay . , -
<br /> one o=more Trustor and others.'I1�is Deed of'Itust vn71 not secun anp other debt if Benefiaary fails,cvi t�resgers�s u s�
<br />_ . other debc.w make aaY required disctosure about this Deed of Tmst or if Beaeficiary fails to give anY requir� .
<br /> � � the right of rescission. � �
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<br /> ' , 5. P�YNIENTS.Tnrstor agrees to make all payments on the Secured Debt vrhea due and in accordaace azth the tezms of thx s". _:(:�._
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<br /> Evidence of Qebt or this Deed of Tmst. `� . . ,• ' .�`
<br /> ? 's�:.•_,.r�>•r3��...
<br /> ' � � � 6. WIlitRANTY OF 1TTLE.Tmstor coveoants that Tcustor is lawfuUY se�zed of the estate waveyed by this Deed of TmSt :f:;;;,Y;`;°'�;�`� �
<br /> ;��;�e�,;r;j;>���-. :
<br /> ` ' and 6as the right to iirevocably graut,coati-ey aad s�ll to Tnutee,ia unst.with power of sale,the PropertY a�c��.�rants ,.�..-,.:n..:`%'
<br /> _� { t1�at the PropertY's une�tumbered,enc�t ff�r�cumbrances of ceconi. ` ,:
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<br /> ' � � • 7. CLAIIVI.S AGA��P TITLE.Ttustor wiil pay all taxes,assessmeuts,liens,eucumbrances.tease g�y�euts,Sr�s�d mnts• ,• � =:_�
<br /> atilities,amd other charges relating to the Property when due. Beneficiary may require Tinstor to pmvid�ta�raficiary . , .�
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<br /> � � copi�of all natices that such amounts are due and the receiPts evidencfng Tnuwr's payment.Tr�stor will d�f���stte to ,t ^_.: ,,5
<br /> . ' the PropertY a�c u►Y claims that would impair the lien of this Dced of TrnsG Trnswr agrees to assign to Be�Way,�s .{�.,,-�:
<br />, ' ' • � ,.,. reque�ed by �ficiary, anY n8hts. claims or defeases which Tmstor may have againsc parties who sapply labor or
<br /> • � ; materials to iu�ave or maintaia the Pruperty. ��'�� ry j;
<br /> . . , �;.:s:''. =;.
<br /> ' ' 8. PRIOR S3,CIJRTI�I II�TERE�TS. With regard to aay other mortgage. deed of trust, secauity agreement or oth�r liess :•�:c: ':,
<br /> .. � ,i. •�Fi�.. �
<br /> d o c a m e nt that c�eated a prior secauiry interest or encumbrance on the Propeny and t�at may have priority oves:his Dced .:,�: _ <.
<br /> ' . of Tn�st,'fn�u agrees: with aU cavenants. . `i`'
<br /> .• A. To make all paymeats arhen due a��r3 perform or�ly . �'. ',;..";���';
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<br /> : • B. To prom�dy deliver to Beaeficiary'�'3'nodces tbat Tn�swr receives from the holder. ;.r->;;
<br /> or t any f�mue adva�n,Mce's,,��.mder aay �'.'
<br /> C. Not to make or pezmit any modifican3a or extensioa of,and not w requesc �P .��S BEACs+�+�J COIISCIILS � �R f
<br /> : ' note or a�t s�by.the o.h�mortgage.deed of trusc or seauity a�eement�u� . ' �=
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<br /> �.. � � ia wria��• �� ,,.
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<br /> ' 9. DIF�ON SAII.E OA ENCiJ1V�RANCIE.B�eficiary may.at its option,declare the entire balaace of the Secuied Debt to s ,..,
<br /> ' � � • � b��iate�y due and payab2e upon the cr�ation of any lien,encumbzance.t�ansfer,or sale.or conuacc for any of these .` :•,�r3�.
<br /> . : b� at this secxion shall be subject to the cesuicdons �I,;;i':�"
<br /> � . � o�ehe PropertY• However. if the propecty includes'P�ustor's cesidence. also includes
<br /> . � ' •.'�.' '`, �sed by fed.°ral law(12 C.F.R.591),as applicable.For the putposes of this section,the term"ProP�Y" � . '�`�:��;��'�;.
<br /> `� •• • any inte�es[2a a9l or any put of the PropPZtY.'I7�is covenant shall tun with the Properry and shall rernain in effect nntil the
<br /> • ' Secured Debt ia paid in fnll and this De�af Tntst is released. •
<br /> , 1�'fi].RANSFEit OF AN II�T['IER�SI'IN THE GRAN'g'QDR. If Tn�swr is an entity other than a natural person(sac3�as a J:'';..�
<br /> . '�`;�:k,
<br /> . - : � corporation or other org,ani�ti9n),Beneficiary may de�and Immediate payinent if CL)a beaeficial interest ia Tc�astor is .::•:•�,` v-:
<br /> nen
<br /> �s .: . ` _. J sotd or transferred:(2)thete is a change"s3 either the idenaty or aumber of inembers of a partaershiP�or(�1•-�'�.ere is a �.. '�.�"�•.�
<br /> � change in ow^.ersh9p of more th�25 g�s of We voting stock of a corporadoa.However.�c:ary may B�t deman�
<br /> �. � payment ia c��'�¢above situations if it is prd�'bited by law as of the date of Wis Deed of Tmst. . •
<br /> '� � 11.EN'iTTY 1WARRANTIES AND 1tEPRESENTATIONS. If Tnutor ls an enrity other thau a natnral peison(such as a •,. ., . ,.
<br /> . .; � corporatioa os other organizalion).Tn�stor makes to Beneficiary the following warranties and representations which shall ;`.�.��';r:.-.:��,:
<br /> � be continu�ag long as the 5ecured De1st remains outstanding: ' r� '�
<br /> `:s � ' . A. Tr�cz is an entity whicb is �?y organized and validly exisdng in the 7'rustor's �.s of inwtporation (or
<br /> �'d � org�•zation).Tnistor is in gaad standmg in all states in whid►Tn�stor transacts busi�ess. Tn�stor has the power
<br />-`��' arcd auttcority to owis the PropertY and to c�+on its business as aoa+beinS conducted and, as applicable, is
<br /> .,, ; qualified to do so ia:¢zch state in which Tnistos operates. ''',� ',,
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<br /> g 'The executifln, deTi�•ety and perfozmance of this Deed of Tnut by Tn�stor aad the obligation evi�r�d by the
<br /> ' � fivid� of Debt aze within t� tsowec of Tn�stor. have bcen duly authorized. ha�e received �:tZ IIeces,s2n,t , •
<br /> '"��`:, � go�a:�xc�•al approval,and will r�t viotate any provision of laa,or order of court or gr���cmental agency-
<br /> ,,:,r • ' C. Othes c'�disclosed in writing Truswr has noi chaaged its name within We last ten y�.-s aad has not used�y
<br /> ` other uade or ficri�ous name.Without Beneficiary's prior written consent.Trustor does not and ailt not use any ;, _
<br /> . . . other name and vrill preserve its existing name.uade names and franshises c�il the Secured Debt is s�s�iod. �. `.'�.',:,.�:•
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<br /> � I2.PROPER'D'Y CONDl'iZON, ALTERATION3 AND INSPECrfON.Trustor will kcep the Property in good condiuon �
<br /> ' � � � and make all repairs that are reasonablY nec�ssarY•Tnutor will give Beneficiary pmmpt norice of any loss or damage to i
<br /> .. , the PropeRy.Tnastor will keep the Propert}+free of noxious weeds and grasses.Tmstor arill not iaidate,join in or consent
<br /> • to any c6ange in any private restrictive covenant. zoning ordinaace or other public or private restriccion limiting or ,
<br /> ��� defining the usrs which may be made of the Property or any part of the Praperty. without Beneficiary's prior written �-
<br /> .+� . consent. 'frustor will nntify BeneBciary of all demands. proceedings. claims. and actions against'frustor or any ot}'er •
<br /> � � owner made under law or regWation regarding use.owneis6ip and occupancY of the Propeny.Tn�stor will comply with a11
<br /> � • . . � legal requiremeats and msuictions,whether public or private,with respect to the use of the Property.Tmstor also agrees
<br /> that the natwe of the occupancy and use will not chaage without Beneficiary's prior written consent.
<br /> , . . � � a , No portion of the Property will be removed.demolished or materially altered without Beneficiary's prior written consent �
<br /> � � except that Tnistor has the right to remove items of personal property comprising a pan of tAe Froperry that become worn ` .
<br /> _ . _ ._ � ' pagn 10/d '` _
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