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201210445
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Last modified
7/20/2017 10:04:18 AM
Creation date
12/11/2012 10:09:43 AM
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DEEDS
Inst Number
201210445
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201210445 <br /> Prior Security Interesls. With regard to any olher mortgage, deed oP trust, security agrecment or <br /> o[her lien document that created a prior securiry interest or encumbxance on the Properry, '1'rus[or <br /> agrees to make all payments when due and to perfoxm or comply with all covenants. Tcuswr also <br /> agrees not to allow any modiCication or extension of, nor I� reyucst any future advavces under any <br /> no�e or agreement seeured by the lien document wid�out Beneficiary's prior wri[�en approval. <br /> Claims Against Title. Trustor will pay all taxes (includie�g any tax assessed to Lhis llced of 'T'rust), <br /> assessments, liens, encumbrances, lease payments, ground ren�s, utilities, and other charges relating �o <br /> the Property wl�en due. Beneilciary may require Trnstoc lo provide to Benefieiary copies of all notices <br /> that such amounts are due and the reocipcs evidenciog Trustoc's payment. Truslor will deYend Yitle to <br /> the Yroperty agauist any claims Ihat would irnpair [he lien of this Sec�rity Instrumcnt 7'rusmr agrees <br /> to assign lo Beneticiary, as requesced hy Beneficiary, any rights, claims or defenses Trus[or may have <br /> agains[ partiee who supply labor or materials to maintain or improvc the YroperYy. <br /> Property Condition, 9lterations and Inspection. Ttvstor will keep the Property in good condition <br /> and make all repairs that arc rcasoriably necessary. Trustor shall not wmmit or allow any waste, <br /> impairment, or deterioration of ihe Propetty_ "t'rustor agrees that the nature of the occupancy and use <br /> will not substantial(y change without Beneficiary's prior written consent Trusror will not permit any <br /> change in any license, restrictivc covenant or easement without Beneficixry's prior written coosen[. <br /> Trvstor will notiTy Beneficiary of all demands, proceedings, elaims, and actions agains[ "I�rustor, and <br /> of any loss or damage �o the Property. <br /> Benefieiary or Beneficiary's agents may, ai Beneiiciary's option, enter the Proper[y at any reasonable <br /> lime Cor the purpose of inspecting tl�e Proper[y. Beneficiary shall give 'I'rustor noYice at [he time of or <br /> beforn an inspecrion specifying a reasonable pttrpose For the inspectlon. Any inspection of flie <br /> Property shall be entirely for Beneliciary'a benetrt and Trustor will in no way rely on Beneficiary's <br /> inspection. � <br /> Authority to Perform. ]f Trustor I�ails to perform any dury or any of [he covendnts contained i�i this <br /> Security Instrument: Reneficiary may, without notice, perTorm or causc them [o be perfonned. 'I'rus[or <br /> appolnts Beneficiary as attorney in fact to sign Trttstor's name or pay any amount neeessary for <br /> pecformance. Beneficiary's righ� to perl�orm for Tnisror shall not create an obligation to perform, and <br /> 13eneficiary's �failucz to perfomi will not preclude Reneficiary from exereising any of Beneficidry's <br /> other rights under [he law or this Security Instr�iment. <br /> LeaseLolds; Coudomivinms; Planned Unit Decelopments. 'I'rustor agrees to compl}' with the <br /> provisions of any lease if this Security Ins[nuncnt is on a ]easehoLd. If the Property includes a uni�in a <br /> condominium or is part oP a planned unit development ("PUD"), Trustor agrecs to the following: <br /> (i) The Property inctudes not only Che proper[y described above but also an undivided interest in <br /> certain common elements and fxciliacs ol the condominium or PUD, and uiy interesc of Che Trustor in <br /> the homeowners' association or other equivxlent entity owriing or ma�aging the common areas and <br /> faci7ities aod the nses, benefiis and proceeds of thal interest; (ii) 7'rustor will perform all of Trustor's <br /> duiies under the covenanta, by-laws, or regulatioos of the condominium or PliD; (iii) Trustor will <br /> take such actions as are rcasonable to ensure thac any homeowners' associadon or equivxlcn[ entity <br /> � mein�ains a public ]iahiliry insurance poliey and a "master" or "blanket" policy o� the Property <br /> providing insurance ooverage against ]oss by Yire, hazards included within the �erm "exlendcd <br /> coverage"; aud any other hazards, including but not limi[ed to, earthquakes and floods, from whicl� <br /> Beneficiary requires insurance thai is aecepiable ni foim, amount, and extent oi� covcrage to <br /> BencGciary. <br /> Condemnation. "I7ustor will give Benefieiary prompt notice of any pending or �hreatened aetion, by <br /> private or public entilie,s [o purehase or take any or atl of the Property [hrough condemnation, cminen[ <br /> domain, or any other mcans. "I'rustor authorizes Beneficiary [o intervene in Trustor's name in any ol <br /> [he above described �ctions or claims. Trustor assigns m Benefic�iary the proceeds of any award or <br /> claim for damages coanected with a condemnauon or odicr taking of all or a�y part oi the Property. <br /> Such proceeds shall 6e considered payments and will be appiied as provided in this Security <br /> Instrumei�t This assigunent of proceeds i�s subjcet to the terms of any prior mortgage, deed of trust, <br /> seeuriry agreement or other lien documcnt. <br /> (Pa.9e 3 of 9I . <br /> m 1 YJ4 Wolter=Kluwer Flnonclal Sorvioas-6onkers Syseems'" �orm USlaAHEDT-NE 6i�6%2012 <br />
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