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. � -.'�'C �St1�l_�:�iYM��1t441�1�r�::_��-.� "_ . <br /> M'L�� __ _____-_ <br /> ..__.._.._.. <br /> � 98-�.oses <br /> • ru�lxxireat Beneficirry tu intervcne in Tnuuor'e iw►►�c in rny nf tha rtx�ve cka�;rihexl rc:don.�c or c:lwlmg. Trustor�ign�to , <br /> Ekneflciuy thr prtxeeJu of�ny �ward ur el�im k►r dam�ges conrr�r:tr,d with�t candemnWlun nr c�ttier t�klry�uf WU ur Rny <br /> p�n of the Property. Such pnxeocla �hali tx a�neideraf p�yn�anta an�l will t►r �pplial u► provi�l in this Sa;uriey <br /> lnalrup�ent,Thi��i�nt uf pnx:ee�is sub,joct to the tertna��f xny pnur monQage, cieaf uf tnuct,�xx:urity+�roer►knt or <br /> �xber llen�lac:wnrnt. <br /> 1!. IN5llItANCE.Trui.etor,hxll keep Prc�erty in�ured�QainKt I�wx hy flre, fla�d,theft+uui aher hxx�td�xt�f risks rettoru►bly <br /> u�oci�tod with thn Pruparty due to its type ru�l lcx:►tioo. ThiS ltuutanc:e shall�e me�nt�lt►ecl in the n�tx►unts arnl for the <br /> periah th�►t &aeflciary reyutrer, The iruurxnce curier pravidlny the inaurnace shall br �n by Tnistor wbject w <br /> geneflciuy's �provd. wh�ch �iull ax tx unre�nably withlield. If Trwtor faily to maintxin the covrr�e described <br /> above, Beneficuuy may, xt&neAcuuy'ss opcioa, c�btain cuvernQe tu protcet&ncficiuy'�ny�hts in�he Property acxotd�nY <br /> to the terms of this Sa:urity I�trumetN. <br /> All ia�w�policiat uxi rcaew�la slt�ll be accrp�able to Benefici�uy and sluill i�lude�swnd�rd'mottgage clawe'nnd, <br /> wlxtc applicable, "lost pnyne ciause•'Tnistot sh�ll im,nedi��el�r r�u�fy Beaeficiuy of uncellation or temunation of the <br /> iap�t�nce. Beneficiary sh�ll have the riQht w hold the polic�es �nd renewals. IF Beaefici�ry toquires. Tn�stor shall <br /> immedi�tely �iv�c w bleneticuuy all nxeipts of d pranium� and rcnew�l noeices. Upon loss. Tnutor �ull give <br /> iwmodiate�ce ta tbe i�unnce carrier tad&a ciary. Benefic�uy m�y make proof of loss iF na m�de immedlteely by <br /> Trunwr. <br /> Udw otherwix a�reed ia writiny,all in+vnuoce pn�ceeds sh�ll be�ppliod w�he r�slor�don or rep�ir of the , rty or to <br /> tLe 5ecurod Uebt� w6etLer a not then due. u Aeneficiary's option. Any �pplication of procreds to pci sh�ll not <br /> eauud or postpoae tbe due cl�te of the scheduled peYme►K ncx change the�moua of�nY P+►'+meat.Any excea�will be psid <br /> w tbe Gnntor. If the Property is�cqulrod by&neflcixry.Tiuscor's tight to�ny inwrs�nepo licia and procads resulda� <br /> irom dam��e w the Property befae the acqwsiqoa slWl psss to Beneficiuy w tbe e:teuof the Secured Ddx immedintely <br /> be[ore tbe�cquisidon <br /> b. ESCROW FOR TAXI:S AND INSURANCE. Unless otherwix provided ia a separye a�oauenc. Tcuswr will not be <br /> requirod to�y u►&ae6cixry funds for tua�od iasuruice ia escrow. <br /> 21. EQVANCIAI.REPOItTS AND ADDITIONAL DOCIlI�[V7'S.Truswr will prcrvide tn Benefici�cy upon tequese� u►Y <br /> limwcW statement ar infot�nvaoa Beae6ciuy may deem�ly nocessary.7'nistor�{tea to aign,deliver��ad fik any <br /> •ddition�l documrnts or certificarioas t6at Benetic�aiy,ma�r coa4idnr aeoessuY�P�a������Peeserve Grro�ta's <br /> obli�ation�uader this Securiry Iaanunenc u�d BeaeRcurY a lien aptus on the PropertY. <br /> 22.JOIIVT AND IIdDIVIDUAL WABILI'I'�'i CO,SiGNERS; SUCCE.SSORS AND ASSIGNS BOUND. Alt duries uada <br /> this Savrity Imannnent are joint�iadividwl. It'i'n�awr a�dtis xcuri�y ia�uu�cri►`,����ryv�"�•� �£ <br /> de6t, Tcustor does so ody to mort Tn�stor's iaarest in the Propertr to aecune p�Yment Ser.0 <br /> T�qoor does not a�ra to be perso ly li�ble on d�e Savred Debc.lf tbis 5ecunty laaameat secures i�auaoty betw�ew <br /> n�}�..y.�1 Tm+u�+r;Tnueor�aias w waive�ny ri�t►a th�t may pieveat Bear,�icu' ryfnom briu�iu�mY action ar c�m <br /> �ai�t Tcu�ta or any piuty iodebted uada t6e obli��tipn. 'ILeae n�hts m*y iu�:lude� but ue not l�mited to, a� <br /> �nti-0eficiency a oa-acrion laws. Tru.4toc a��nees @ut Heneficiary md my put�► a tbu Secvrity,toetromeat m�y exoend, <br /> modify a maloe�ny chao�e in tbe tama of this Secvrity In4tcumoat or�ny ev�deace of debt vn�how Tt�eoor'�c,00rent. <br /> Such a�r�ge wnll mt relwe Teusta fram t6e►erms of t6is Security Imuument. 7Le dutia a�beoefits of t6is Savrjt�' <br /> Inatcuo�euo aiu�U bind and bcnefit tbe sucasso�s snd assi8a4 of Trustor�od Heneflciuy. <br /> 23. APPIdCABLE LAW�SEVERASII.ITYp RN'IERPRETATION.This Seciuity.Im�nmeat i��a�rned by the Lws ot d�e <br /> juridicdon in which Beneficiiuy is located. except to the actrnt od�eivvi�e reqw�od�y ths 4wa of tbe juri�kxion w*ere <br /> the property is locsted. 'ILis Security Imt�meat isc�mp lete snd fully ime=t�ted.'I�t Savrity Imtt�mrat map mt be <br /> �mended or modi8ed by onl agnt�nent. My section.in thi:5a.�urity lnetiumeat, atp�cbned+� ur w�!�ree�eat rdaood ro <br /> the Secured Le'bt t�t contlicts with�ppluable!xw vinll not be ef�adve�unlesa dut law acpnasl7 or�mpliedlY P�a� <br /> vnriuions by wriuen sgeeement.If aay sectioa of this Securitr Imuument c�m�t be �fon.bd accord�n�ro us la�.�t <br /> soctioa will be severod ud will not offat tt►e enforce�bility of the remdnder of thia Sanrih I�t.Whwever wed, <br /> the aia�lar�ll inchKle the plur�l�nd drc plural the singulu. Tbe c�ptiona�nd beadi�a of the�ectioo�of this Security <br /> IpspGomene are for cnnveaieuce only ud�re not to be used w•f ate�mt a define tl�e krmt of this Security lmt�umeat. <br /> Timb is of the esssnx in this Security Instnunent. <br /> �' 24. SUCCE.SSOR TRUST'EE. Bene6ciuy,u &ucfic�a�y's� option, may,f�ran time w hme iatio�e T�ustst and�PPa°R• <br /> auccYSSOr trusta without any other fomnlitY than the deaigrouion m wn�ang.The succaeor�usue,withau com'eYaoce of <br /> the Property� s6a11 succoed to dl the titlt, Power and duti�s confarrecl t�poa Tn�sta by this Security Insuumeat aod <br /> •pplicabk law. <br /> . ��s a_ 7•16-2&080 It 1/971 lp�p�6 of 61 <br /> � , 07f�4 NNUn iyn�nr.Ine•�St.CNUd,MH hrm OTN•MTf4A2NE 1A7�� � iS - <br />