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201210445 Insurance:"1'nuscor shall keep Properry insured against loss by fire, flood, rheft and other hazards and risks ieasonably associated with the Property due to its type and locaCion. This insurance shall be maintained in the amounts and for the periods thaY Beneficiary requires. What Beneficiary cequires pursuant to the prcceding two sentences can change during the tcrm of the Seeured Debi. 7'he insurance carricr providing the insurance shall be chosen by Trus�or subject to Beneficiary's approval, which ahall not be unreasonably withheld. If Trustor fails to maintain rhe coverage dexcribed above, Bencl9eiary may, at Beneficiarp's option, obtain covcrage w protect Benet�ciary's righCs in tlie Yroperty according to [he terms of this Secm�iry Inshument. All insurance policies and renewals shall be acceptnble to Renefieiaiy and shall include a standard "mortgage daase" and, where applicable, "loss payee clause." Trustor ehall irnmediately notify I3eneficiary of cancellation or [ermination of the insurance. Beneficiaiy shxll have [he right to hold the policies and renewaln. I1� Beneficiary reyuires, "['rustor shall immediacely give to I3eneficiary ail receipts of paid premiums and renewai notices. Upon loss, Trustor shxl] give immediate notice �o thc insura�ce carrier and Beneficiary. Beneficiary may make proof of loss if not made immediately by 1'rustor. Unless ocherwise a6�ecd in writing, all insurance procceds shall be applied lu thc resmration or repair of the Property or to the Secured Debt, whe�ther or not tlien duc, at Beneficiary's option. Anv applicalion of proceeds to principal shall not cxtcnd or postpone ti�e due daic of the scheduled paymen� nor changc nc� amount of any payment. Any excess will be paid �o Ihc 'fruetor. If the Properiy is acyoired by Bencticiary, Tnts[or's righl iu any insurance policies and procecds resulting from dama�;e La ihc Property bePore [he acquisilion sha➢ pass to Beneficiary io the extent of the Secured Debt immediately before Ihc aoquisitinn. Fivancial Reports a�d Addirional Doeuments. Trustor will provide to Beneficixry upon requesC, any financial statumcnt or information Beneficiary may deem reasonably necessary. Trus'tor agrees ro sign, deliver, and Yile any additional docLunents or certificxtions that Beneficiary may consider necessary to perfect, continue, and preserve Trustoc's obligations under this Security Instrument and Beneficiary`s lien s�atus on t}�e Yroperty. � 6. AS6IGNMENP OF LEASES AND RENTS. Trustor irrevocably assigns, grants and convcys, to 77nstee, in irust for the benefit of B�neliciary as additional security all the righ[, title and interesT in [he following (all reterred to as 'Property"): exisTing or future leases, suhleases, licenses, gu�ramies' and any olher writtcn or ver6al agreements for the use and occupancy of ihe Property, incl�ding any ex[ensions, rcnewals, modifications or repLacemenLs (all relerred[o as "Leases"); and ren[s, issu�s dnd profits (all referred to as "Rents"). In the event any item listed as Leases or Rcnts is determined to be persoual property, this Assignment will also be regarded as a security agreement Trustor will promptly provide Bencl'iciary with copies of the Leases and wil] ceai�y these Leases are true and correct copies. The exis[ing Leases will be provided on execution ol [he Assignment, a�d all future Leaacs and a�� other information wi�h respect m these Leases will be provided immcdiately after tl�ey are executcd. "Crustor may collect, receive, enjoy and use the Ren[s so ]ong as 7rusior ie not i❑ default. Upon default, Trusior will rcceive any Rents in irusT for Beneficiary and will not commingle the Rents wi[h any other fimds. Trustor agrees that this Security lnstrument is immediately eflective hetween �I�rl�stor and Beneficiary and effectivc as m third parties on itie recording ol this Assignment. As long as this Assignment is in eftecl, Trustor warrants and represents flia[no dcfault exists under the Leases, and the parties subject to the Leases have not violated any applicable law oo leases, licenses and landlords and �enants. 7. ��`ARRANTY OF TITLE. Trustor warrants that Trustor is or will be lawlixLly scized of �he estate conveyed by this Security Instrument and has the righi to irrevocably grant, convey, and sell the YroperYy to Trustee, in trust, with power of sale. Trustor also warrenW chat the Properry is unencumbered, except for encumbrances of record. � _ _ (page 4 of 91 m i J84 W oHers Kluwer Flnenolal Servicex-�ankars Sys teini" Ponn USAAHEDT-NE 6/25,'201 P