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<br /> authorizes Ilei�ficiary ta iutervene in Trustor's name in any of the above des✓ribed acdons or clai�n�s.Trustor assigns to
<br /> Benefieiary the proeeeds af any award or clalm for ciumages coeu�ec:ted with a condemnation or other taking of wll ur any
<br /> pa« of the Property. Such proceeds sl�all t�e considered paynients and will be applitd as provided in diis 5ecurity
<br /> Instrument,This assignment of praeeds is subject tn die terms of any prior mortgage,deed of trust, security agrcement or
<br /> other lien document.
<br /> 19. INSURANCE.'IYustor shall keep Property insured agaia,t loss by fire, flood, theft and uther haz�uds and dsks reasonably
<br /> assoc;iated wid�the Property due t�its type anci locauon. 'T'his insurance shall be maintained in the aniounts a��d for d�e �_
<br /> periods.that Beneficixry rec�uires. The insurance carrier providing the insurunce shall be chosen by Tiusror subject ta
<br /> Beneficiary's a�proval, which shall not be uiueasanably withheld. If Tnutor fails to maintain the coverage described
<br /> above, Beneficiary may, at Boneficiary's option,obtain coverage to protect Reneficiary's rights in the Propeny according
<br /> to the temis of this Securlty Iastrument.
<br /> All insurance gx�licies and renewals shall be acceptable to Beneficiary ancl shall include a standacd"mortgage clause"and,
<br />� where applicable, "lass payee clause.' Tnutor shall immediately naufy Beneficiary of cancellation or termination of the
<br /> insurance. Beneficiary shall have the right to hold the policies and renewals. If BeAeficiary requires, Tnutor shall
<br /> imm�iately give to Beneficiary all receipts of paid premmms and renewal notices. Upon loss, Trustor shall give
<br /> immadiate notice ro the insurance carrier ancl Benefic�ary. Beneficiary may make proof of�oss if not made immediately by
<br /> Tnistor.
<br /> Unless atherwise agreal in wridng,all lnsurance proceecls shall be applied to the restoradon ar repair of the Property or to
<br /> the Secured Debt, whether or not then due, at Beneficiary's option. Any applicadon of procads to principal shull not
<br /> cztcnd or pastpone U►e due date of the schcduled p�yment rx�r change the amount of any�ayment.Any excess wi11 be paid _
<br /> to the Graaror.If the Prapeny is acquired by Beneficiary,Trustor's rigut to any insurancepolicies and procceds resuldng
<br />° from datnage to the Property before the acqmsition st�all pass to Benficiary tv Ihe extenc o�the Secured Debt immecliately
<br />= beforo the acquisition.
<br />— 20. FSCROW FOR TAXFS AND INSURANCE. Unless uthcrwise provided iu a sepazate agreement,Trustor will not be
<br />° required to pay to Beneficiary funds for taxes and insurance in escrow.
<br /> 21. FINANCUL REPORTS AND ADDI1'IONA,L DOCUMENT'S.Trusror will provide to Beneficiary u�on request, any
<br /> fiiwncial sutement or infomiadon Beneficiary may dam reasonubly t►ec:ssary.Ttustor agrees to sign,deliver,xnd fnle any
<br /> additional documents ar certificadons tbat&neficiary may consider�cessary w perfecc� condnue, sud preserve Grantor's
<br /> obligadons under this Security Instrument and Beneficiary's lien status on the Propetty.
<br /> 22. JOIIVT AND IlVDIVIDUAL LIABQ.ITY;CO�SIGNERS; SUCCFSSORS AND ASSIGNS BUUND.All duties under
<br /> this Security Iastrument are joint wd icxliviclual.lt'1'rustor sigas this Sxvriiy Iwicu,,;eu�vui;,i,�;ai aigu sn�;�:,r�c of
<br /> Jebt, Tnuwr does so only to mortgage TYustor's interest in the Property to secuxe payment of thee Sauced D'ebt and
<br /> Txustor does not agm to be personallY liwble on the Secured Debt.If this Socurity In4uument socuues A 8�ncy betwaa
<br /> &neficiiuy and Tnutor,Tcustor agras to waive any rights that may prevent Benefic from bdnging any�ction or claim
<br /> Aguast Tn�.ctor or Any party indebted under the obl�gauon. Those rights may i�ude, but s►rt n�t lunited to, a�n�
<br /> end-deficiency or ore-action laws. Tnutor agrees that Beneficiary and anY paceY to this Security Inst�umecu mry exte�"•
<br /> modify or make any change in the tetms of this Security instcument or any ev�dence of debe xnthout Tnutor's consent.
<br /> Such a chwge will n�t relestse Trustor from the terms of this Security Insuvment.'The duqts and benfits of this S�xurity
<br /> Iastrument shall bind and benefit the successors and assigns of Tnutor and&neRciary.
<br /> 23. API'LICABLE LAW;SEVERABILITY;IIVTERI'RE'CATION.This Security.Insttument is gov�rnod by tLe kws of tLe
<br /> jurisdictioa in which Beneficiuy is locstal,�xcept to the extent othecwise requ►red by�the laws of the junsdictioa where
<br /> che Property is located. This Sa;unty Ic�uunnent is complete and fully integrnted. 'ILis Secwicy Inst�ument mty n�t be
<br /> acuended or modified by oral�gcament. Any section in tWs Securiry Insuument,attachn�ents. or any ngreanent related ta
<br /> the Secured Debt ttwt conflicls with applicable law will not be effective,wnless t6at l�a expressly or unpliedly pecmits tbe
<br /> variadons by written agrament. If any secdon of this Sccuriry InstnimGnt caw�ot be enfon,ed�ccotding to 9ts tern�.s. tlu►t
<br /> secdon will be several ud vrnll�t affxt the enfor^..eability of the remainder of this Security Instrwnent.Whenever used,
<br /> l�i�stcum�eat�are for corntaie�,Pe only and�are mt�to be�u.�sed o intecp pret or define the temis t fe�secti�u of�nstr�men�
<br /> Time is of the essence in this Secvrity Insuument.
<br /> 24. SQCCESSOR TRUSTEE. Beaeficiary, at Beneficiary's opaon, may,from time to tinne remove 'Cnistx and appoint a
<br /> successor uustee without any other fom�ality d�u►the desiguadon�n wnting. The succtssor crustee.without wmeyu�ce of
<br /> the Property, shall succeed to all the ade, power and ducies conferred upon Trustx by tt�is Security Iacm�ment wd
<br /> ' epplicable law.
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