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<br />�'��'�,;_, D. AU fuwrc udvimacs f'rom Iicnefici.uy t� '('rustor or othcr Cuturc obligations of' 'Prustor to l3encficiary undcr nuy L
<br /> �► • promissory not�, contract, guaramy, or othcr cvidcncc of dcbt existing now or executcd stticr this Dced of'I'rust
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<br /> • whcthcr or not tliis Decd of 1'rust is s�xcifically refcrred to in thc evidcncc of dcbt.
<br /> - C, All abNgatians Trustor owcs to Dcneficiury, which now exist or may Intcr arisc, to thc cxtcnt not prohibitcd by
<br /> , luw, including, but no� lintited to, Nubilitics for ovcrdrnits rclating to any dcpasit account abrccmcnt betwcen
<br />`"�''�'�?�'';. Trustor and Bcncficlary, �
<br /> D. All additlonnl sums advanccd nnd ex�xnses incurrcd by Ficn�ticinry for insuring, ��rescrving or othcrwisc protccting
<br /> '°""'�'' thc Prc>perly and il�vuluc and wiy otl�cr sums advanced nnd cxpenscs incurred by Bcncficiary undcr thc tcrmy o[ -
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<br /> tlils Uccd of Trust,plus intcrest:�t thc I�ighest ratc in effcct, from timc ta timc, as provicled in thc Evidencc of
<br /> �cbt.
<br /> a ^ �. 7'rustor's performancc undcr thc tcrms of any instrument cvidcncing a debt by Trustor to[3encficiary and any Dced
<br /> � • ��-F' • of'frust sccuring, guarzntying.ur othcrwise rclAting ro thc dcbt.
<br />._;:��. .:.•', if�uore Aia� one person signs chis Accd af Trust as Trustor, e��ch Trustor agrees thet this Deed of Tnist wiil secure all
<br /> ����'•�"r'�= futuro advances and futurc ot�ligadons described above that are givcn to or incurred by any onc or morc Trustor. or any
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<br /> one or more Trustor and o�hen.This Dad of Trust will not sa:ure any other debt if&neficiary fails,wi�h re�pect to such
<br /> -1' � •�: , other debt,t�make u�y nquircd disclosure about tlils Dceci of Trust or if BeneCciary fails w give any reyuired notice of
<br /> �;,:_ '�•`� thc right of rescission,
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<br /> =-�;:y;`;�, S. PAYMENI'S.Trusror ag[ccs lo makc nll payments on thc Sccurcd Dcbt wlicn duc and in accordancc with chc tcrms of thc
<br />�=+• � � F,vidence of Debt or this Dced of Trust.
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<br /> "�';�'.:;}� , � 6. WARRANTY OF T1TLF.. Trustor c�venants that Trustor is lawfully seiud af the estate conveyed by this Deaf of 1'rust
<br /> `.'"1�. and has the right to irrevceably grant,convey and sell to Trustce, in trust,with powcr of sale, tho Property and warrants
<br /> �y_��t' ' that the Property is unencumbered,except for encumbrances of record.
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<br /> `�=3st::�y��' � 7. CLAIMS AGAINST T1Tl.b:.Trustor wiU pay all taxes,asscssments, liens, encumbrances,lcase paymcnts,ground rents,
<br /> _,,;�� utilities, and other charges relating to the Property when due. &neGciury muy require Trustor to provide to &nefici�ry
<br /> �, � copies of all notices that such amounts are due and the recei�ts evidencing 7'rustor's payment.Tnistor will defend title to
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<br />-�'•r;�'��•` the Property against any claims that would impair the Iien of this Iyeed of Trust,Trustor agree�to assign to HeneCciary.As
<br /> :'r�••.;' requested by &neficia�y,any rights, claims or detenses which Trusror may have against parties who supply labor or
<br /> _ i�::;� : materials to improve or maintain thc Propecty.
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<br /> __'` �`_j" S. PRIOR SECURITY IIVTERESTS. With regarci to a�ry other mortgage, deed of trust, securiry agrecmeni or uti�ci lien
<br /> -=���'':—� . document that created a prior ss�c:urity interest or encumbrance on the Property and that may have priority aver this Deed
<br /> -- ���""'� of Trust,Trusror agrecs:
<br /> "g""=� A. To make all payments when due and to perform or comply with all covanants.
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<br /> --� x�-� B. To promptly deliver to Beneficiary any notices that Trustor receives from the holder.
<br /> �v�� . C. Not to make or pem�it any modification or extension of,and not to request ot accept any�'uture advances under any
<br /> ����:�f� note or agrccmcnt secured by, thc othcr mortgagc,d��cd of trust or security agrccincnt unless 9enet'iciary consents
<br /> --`-_`:�,1.•'°"".��'� in writing.
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<br /> 9. DUE ON SALE OR ENCUhlBItANCE.&neficiary may, at its optinn,declarc tho entire balance of ttie Secured Debt to
<br /> _,��_:_-���� be immediately due and payable upon the creation of any lien,encumbrance, transfer, or sale,or contract for any of these
<br /> - - on the Property. However, if the Properry includes Tiusror's residence, this section shall be subject ro the nstrictions
<br /> --��� imposed by fecieral taw(12 C.F.R.591). as applicable. For the pucposes of thia section,the term 'Property"also includes
<br /> =-�=��-'�'�� any interest to all or any part of the Property.This covenant shall run with the Property and shall remain in etfect until the
<br /> '�''�{�� 5ecured Debt is paid in full and this Dccd of Trust is released.
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<br /> =���• 10.TRANSFER O� AN INfEREST 1N THE GRANTOR. If Trustor is an cntity othcr than a natural person(such as a
<br /> _`,���'"� corporation or othcr orRanization). Beneficiary may demand immediatc payment if(1) a bencficial inter.est in Trustor is
<br /> "s��¢� sold or transferred;(2) there is a cliange in either thc identity or number of mcmbers of a putnership; or(3)there is a
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<br /> -�-�� change in ownership of more than 25 percent of the voting stcek of a coiporation. Howcver, Beneficiary may not deman
<br /> _==��_� payment in the above situations if it is prohibited by law as of tlie date of this Dced of Trust.
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<br /> "=�'�".'` �1.ENTITY WARRAN7'IE5 AND REPRESENTATIONS. If Trusror is an entity othcr than a natural person(such as a
<br /> �;:�``:""° coiporatian or other organizatiun),Trustor makes to Beneficiary the following wananties and representations which shall
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<br /> be continuing as long as the Secured Debt remains outstanding:
<br /> �� . A. Tcustor is an entity which is duly organized and validly existing in the Trustor's state of incorporation (or
<br /> •._ . " �. organization). Trustor is in gc�ad standing in all statcs in which Trusror transacts business.Tn�stor has thP powcr
<br /> and authoriry to uwn thc Propcny and to carry on its busii�ess as now t�cing c.,aductcd and, �s applicablc, is
<br /> ' • yualiCcd to do so in cach statc in which Trustor operatcs.
<br /> � t D. The execution, delivery and performattce of this Deed of Trust by Tntstor:uid the obligation evidenced Uy tlie
<br /> �' Evidence of Debt are �vithin tlie power of Tr�stor, have been duly autl�ori:.ed, have received all necessary
<br /> '' govermnental approval, and will not violate��y provision of law,or nrder of court or govemmental agency.
<br /> i � C. Other than discloscd in writing Trustor has not changed its name within the last ten yeats and has not used any
<br /> other trade or fictitious namc.Without 6encficiary's prior written consent,Trustor docs not anu will not usc any
<br /> - other nAmle and will presen�c its existing namc,trade na�nes and franchises until thc Scc:ured DeUt is satisCted.
<br /> � ,• 12.PROPER'I'Y CONDITION,ALTERATIONS AND 1NSPECTION. Trustor will kecp the Property in good condition
<br /> _�.i.. �r.,e•.. �m Rnna�ri�rv nmmnt nntirr. of anv loss Di[1311]�EC[O
<br /> . -. - . . ..—.—�1 dllU IQi1RC illl lC�l'.1iiJ ivai iuc�i:mvianu�� .i�..wS:uj. ...'.u.v: '.:... D:Y� ...�"""'_+ �""'r' "' � '
<br /> � thc Property.Trustor will kccp tlie Property frcc of noxious wceds and grasses.Trustor will not initiatc,join in or consent
<br /> i
<br /> jto any ch:uige in any private restrictive covenant, xoning ordinance or other public or private restriction limiting or
<br /> � dcfining die uscs wliicti map be madc of tl�c Property or :uiy part of thc Property, without Bencficiary's prior writtcn
<br /> consent. 'trustor �vill notify Ei�neficiary of all demands, prceeedings, claims, vid actions against Trustor or :uiy other
<br /> owncr made under law or regul.uion mgarding use,ownership;uid uccup:mcy uf tlze Property.Trustor u•ill comply with ali
<br /> legal requirements and rest:ictions, witMher public or privar.e, with respect to Uie use of the Property.Trustor also agrees ,
<br /> �
<br /> that the nature of the occup:uuy and use �eill not ch.mge without Beneticiary's prior written consent.
<br /> '; No portion of thc Property u•ill bc remuvcd, dcmolislicd or matcrially �dtered�vithout BcucGciary's pr�r writtcn conscnt
<br /> exccpt that Truston c�is thc rigtu to rcmovc itcros of personal property comprising a part of thc Properq that txcomc worn
<br /> � i \�j/ paye 2 0!6
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