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<br /> authorius&neficisuy to intervene in Trustor's nanu in any of t1�e atwve described actions ar claenis, Trusror a.�signs to
<br /> Aeneficiwry thc proceecls of any award or cluim for Jamages a�tu�eted with a condemnadon or other taking of all or any
<br /> p�rt of the Property. Sueh pnx;eecls shall t�con�ideral payments r or mortgagepde d o�trustvsecurity gree�cnt oi
<br /> Instrument.Thfs es�signmen�ot proceeels is subject tu�hr,tem�s of any p
<br /> other lien documwit.
<br /> 19, INSI1[tANCE.Trus�or shHll keep Propeny iruured again�t loss hy fir�, flood,tl►eft and other hazarcls a►xl rislcs reasonably
<br /> �jR�µr(th U►c Propeay due to its type aM locatlun. Thia insurancC shaU be n�:i;atuicx:d in the amounu and for the �
<br /> petiads th�t Beneficiuy rec�uires. The in�urance carrier providing the lnsurance shalf be chosen by Trusror subject to
<br /> Berc6ciary's a�provd, which shaU not he unre:►sonably withheld. If Trustor fails to cnainwin the coverage clesenbecl
<br /> abave,Beaeficury uu�y,at Benefici�ry's option, obtain coverage to protcet&oiv:ficiary's rights in the Propeny accordmg
<br /> to the terms of this Secunry Instnunent.
<br /> All iasurstnce policies and re�wals sbap be acceptable[o Beneficiary xnd shall include a stanclard 'mongage clause" ard.
<br /> where xpplict�ble, 'loss paya clause." Trustor stixll iuuuedistel�twufy&n�ficiary of cancellation or termmatiou af t6e
<br /> insunuxe. Beneficiuy shall have the right to hold the policus wxl renewals. If Bene6ciary requires, Tnutor shall
<br /> immMiately give to �3enefic�ary all teceipu of pa�d pnmiums ancl renewal nodces. Upon loss, Tmstor studl give
<br /> immafiru notia to tho insurance currier and&neficiary• Bem6ciary may make proof of loss if not made immedi�tely by
<br /> Tiustor.
<br /> Unless WhenNise agrxd in wridng,all inn►raace pcoceeds sha11 be applied to the restorntion or repair of the Property or to
<br /> the Secured Debt, wh�ther or aot then�e, at Baneficiary's opdon. Any applicatioa of pmccals to principal shall not
<br /> ezteM or posq,onre ihe d�e date of the schedulal payu�ent nor change the amonnt of any paymcnt. Any eucess wi11 be p�id
<br /> W the Gnwtor.If the Propertp is acquired by Bene6ciary,Tnutor's rip,ht to�uy insurar�cepolicies wd pnceals rau1G�K
<br /> from dAnwge W the Property fxfore the Acqu�sition shall p�ss to Benefici�y to the exteut of the Secured Debt immaliwtelY
<br /> before the acquisttion.
<br /> ?A. ESCROW FOIt TAXES AND II'1SiJRAI10E. Unless otherwise provided in a separate agceement, Ttustor will mt be
<br /> roquiral to pxy to&aeficinry funds for ta�ccs u�d insurance in escrow.
<br /> 21. 1�'INANCIAL REYORTS AND ADDITIONAL DOCUMENTS. Tcustor wlll providc to &neficiary upon request, �ny
<br /> financi�l statement or infom�ation&neficiary may deem re�sonably�ry.TnuWr agrees W siga, dellver,u�d file wy
<br /> �ddldonal docua►eats or cerdfic�doas�t Bexfic�xcy may consider n�ry w perfecc,conti�e,aad pressrve Gran�tor's
<br /> obligadons under thls Sec�uity Ic�strument and Bene6ciary's lien status on the Property.
<br /> ZZ. ,;�u:;�i.;u�P.�:.TA:.•.�.ARi1 i'1'V. �n cir.I�xs; sU�CESSORS AI�ID ASSIGNS ROUND.A11 duaes under
<br /> this Seeurity IastYUment xre joint ind individual. If Tcustor sigc►s this Securicy Insuument but does t►os siYn+m e�'►ckncc ui
<br /> dcbt, Trustar doea so only to mortgsge,Tnutor's inunst in the Ptoperty to sxun paymeuut of the Secured Detx tod
<br /> TrusWr does mt �rx to be peisouxlly luble on the Secumi Debt.If this Sccuci Instrument secures a gntnuoty betwxa
<br /> c
<br /> Aene6ciuy swd Tmstor,Trnstor agras to w�ive any ri�hts Wat roay pnvent Bene ciary ftom bringiag uny�cdon or cWm
<br /> aguact Tcustor or any party indebtod undu the obLgati�n. These nghts may i�lude, but ue �wt limited to, �ny
<br /> wu-deficie�y o�one-xdon laws.Tn�stor n�rees th�►t Beaeficiary and any puty to this Security Iastnuneac may exoend,
<br /> modify or msace nny clunge in tHe terms af this Seeurity Iastrumenc or any evidence of deM v�ndiout Tn�stor's conawt.
<br /> Iasaume�slW b�i nnd bene�it�the�s�ucassors and assigas of T�nuto�i a�fic'►a�ry. dudes ond beneHts of this SecudtY
<br /> 23. APPLICABLE LAW=SEVERAB�.PfY; IIVTERPRETATION.This Security.Iasttumenc ls governal by the kwa of tbe
<br /> jucisdicdon in w2�Ch&neficiuy fs loc�ted,except to the extent otheiwise rapurecl by�the 1�►ws of tl�e�ut�sdicdon whae
<br /> the Propetty is laated. 'I]�is Security Instniment is complete and fully integrated. Thi.+ Security Ingtmtt�ent taay not bc
<br /> aonendad oc modified by orAl�g[ament.Any secdon in thls Security Ya�tn�ent�att�chmeds�or my igreemeot nlated W
<br /> t}�Secured Debt�hat conflicts witli npplicable law will nut be effective,unlcss t1u►t 1nw experssly or impliedly permits t1�e
<br /> vuiatiom by wriden agreanent.Jf any socdon of this Securiry Iastcwnent cannot be enforced according to its te�ms,ttnt
<br /> section will tk severed Aud will mt affat the enforceability of the remainder of this Secur�ty Insuument• Wheae�+e�c uted+
<br /> the singulwr shall include the p:unl aad the plural the singulu.Tbe capdons and headings of the xcdot�of this Security
<br /> Iastiument are for convenieuce only and an not to be used to interpnt or define the terms of tLis Sxucity Iast�ument.
<br /> Tnne is of the esseace ir,ttus Sxurity Instruroent•
<br /> ?A. SIICCF.SSOR TRLTS"fEE. Benoficiary, at Beneficiary's optiou,,may,fron► time to time ranove Tnuta and appo►nt a
<br /> succ.essor tc�stec without any other fom�aliry than th�designadon m wnting.The succ�ssor tiusta�withou��°m'°Yan�of
<br /> tho propecty, slvll succeed to all the title,power aixl dud�s conferred upon Tnutee by this 5ecuritY Iasu►'ment and
<br /> xpplicable law.
<br /> O •15-2 •090111l97) (pag�6of61
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