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<br />_�,- y. B.All futurc udvanccs from Dc�ef iciary to Trustor or othcr fucurc obligations of Tnistar to 13eneficiary undcr �uiy �
<br /> , promissory note, contract, guara_nly, or other evidence of debt executed by Trustor in favor of Benet`tciary executed —
<br /> ^ after this Security Instrumcni wl�ellier or not this Security Instrumeut is specifically referenced. If ntore tltan on�
<br /> person signs this Securuy Ins[rument, each Trustor agrees that chis Secunty Instntmcnt will secure all future _
<br /> ' � advances and fuwre obligatioas ehat arc given ro or inwrred by any one or more Trustor,or any onc or morc Trustor —_
<br /> � and othcrs. All future advanas and other future obligatiuns are:securul by this Sccurity Instrument even though all �.
<br />" � or part may not yet be adva.nc�d. All future advances and other future obl��ations are secured as if made on the date W
<br /> of this Security Instrument- Nothing in this Security lnstrument shall consntute a commitment to make addttlonal or `
<br />_ �, �,�,':��`� future loans or advances irt any amount, Any such cammitment must hc agreed to in a scparatc,writing. �'
<br />- •� � C.AU other obligatiam Grantorowe9 to l.ender, whlch may later arise, to[he extent uot prohibited by law including,
<br /> but not limit e d to,Ilabilities for averdrafts relating to any deposit account agreement between Grantor an�Lcnder.
<br /> `� D.All additional sums advancedersd expenses incuaed by Beneficiary for insuring,presCrving or otiierwise protecting
<br />�=+�' the PropeRy and its value and any othcr sums advanr.ed and ezpcnses incurred by Beneficiary under�he te.rms of this
<br /> - ��:�^ Security instrument.
<br /> ��! In the event that Lender fails to provide any necessary no[ice of the right of rescission with respect to uiy additional
<br />_;� .� indebtedness secured under paragraptz B of this Section, L.znder waives any suUsequent seauriry interest in the Grantor's �
<br /> „ principal dwelling that is created by this Security Instrument (but does not waivc the security interest for the debts
<br />° •� referenced in paragraph A of this 5xt ion). --
<br /> ' S. DEED OF TRUST COVENANTS. Trustor a rees that the covenazits in this section are material obligations under thc
<br /> ' Secured Debt and this Security Instrument, lf�rustor breaches any covenant in this section, Beneficiary may refuse to
<br /> " ' make additional extensions of credit and reduce the credit limit. By not exercising either remedy on Trustor's breach,
<br /> • &neficiary does not waive Benefciary's right to later wnsider the event a breach if it happens again,
<br />_- � ;. Payiments. Trustor agrees tha� all pay���nts un�.�r �'�e Seci, R.d Debt will be paid when due and in acc:ordance with the —
<br /> , . <,;�- tarms of the Secured Debt and thiaSecurity InstNment.
<br /> . �� P r i o r S e c u r l t y Y n t e r e s t s,W i t h r e g a r d t o an y o t h c r m o rt g a g e,deed of trust,security agreement or other lien document that
<br />"��'��� ��� creat�d a prior security interest or encumbrana on the Property, Trustor agrees to m a ke a l l payme n t s w h e n d u e a n d t o
<br /> ' perform or comply with all covenuits.Trastor also agrees not to allow any modificatian or extenston of, nor to request
<br />��:-.•:��.�• �r any future advances under any note or agreement secured by the lien document without Beneficiary's prior written
<br />=?��.•'-�" •. approval.
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<br /> .. ,�,; Claims Against Title.Trustor will pay all taxes (including any taz assessed to this Deed of Ttust), assessments, ltens,
<br />����:� encumbrances lease payments, ground rents, uulities, and other charges relating to the Propeny when due. Beneficiary
<br />-� ��•� '- may re4uire'�rustor co pro��idc to Benel"iciary copies of all notices tha[such amounts azo due and the rr.ceipts evidencing
<br />_�F'�•�`;`-���-�� Trustor s pay ment. Trustor will d�fend title ro the Prop�rty against any claims that would impair the lien of th�s Security
<br /> _ I ns trument. Trustor a grees to assi gn �o Beneficiary,, as requested by,Beneficiary, any rights, claims or defenses Trustor
<br />-'"=�•i:�•� '�rJ� may have against parties who suppty lauor or maicr�ai�t�i;,�iniain or ir;.pmi�e:h�Pre�rt;.
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<br />—;"�'°��`�.}�; property Condition� Alteration+ond Ins ion. Trustor will keep the Property in good wndition and make all repairs
<br /> in�;_��".f:
<br />--r �c- that aze reasonably necessary,Tnstor shal not commit or allow any waste, impmrment,,or deterforation of the Property.
<br />- ���` �'�' Trustor agrees that the nature of�h� occupancy and use will not substantially changc wnhout Beneficiary's prior writtcn
<br />'"�""� `�`� � consent. Trustor will not permitany chan�ge in an Hcense, restrictive covenant or easement wi�hout Benefciary's prior
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<br /> s'A'.a:�'. ' �:r• written consent. Trustor will noiify &neficiary o all demands,proceedings, clalms, and actions against Trustor, and of
<br />�;�,=�"�''�t,'',, any loss or damage to the Pro�ny.
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<br />�,�,f.R;<,;=,,; Beneficiary or Beneficiary's ag ents r�nay, at Beneficiary's option,enter the Propeny at any reasoneble time for the�u[pose
<br /> =:_,, of inspecung the Propercy. Ben�ficiary shall give Trustor notice at the time uf or before an inspecti�on�ssnccefy`n�a�
<br /> �`""""` reasonable pucp�se for the inspation. Any, inspection af the Propeny shall be entirely for &nefici be f
<br />��� Trusror will in no way rely on He�ticiary's inspection.
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<br /> -=-�-`S��R� Authority to Per[orm.lf Trustor fails to perform any duty or any of the covenants contained in this Security Instrument,
<br />=F�-.F.;-;��. Beneficiary maY, without notice,perform or cause them ta be performed.Trustor�apQoints Beneficiary as attomey in fact
<br />��TM'4''f�. ro sign Trustor s name or pay any amount necessary for performance. Beneficiary s nght to,perform for Trustor shall not
<br />:,-��;�,'!.�!�►. crcate an obligation to perform,�nd Beneficiazy s failure to perform will not preclude Beneficiary from exercising any of
<br />�-•: ..�z Beneficiary's other rights under ihe law or this 5ecurity Instniment.
<br /> v'��" '`*"'''� Leaseholds; Candominlums; Pl�nned Unit Developments. Trustor agrees ro comply,with the provisions of any lease if
<br /> -'�' `��` this Securiry Instrument is on a l�uehold.[f the Property includes a unrt m a condominium or a plannal unit develo ment,
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<br />- Trustor will perform all of T�ustar's dutics under the covenants, by-laws, or regulations of the condominium or p anned
<br />��� �'`=-�- '-.�" unit development.
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<br /> �''"'""'� � Condemnation. Tntsror will gire Beneficiary prompt notice of any pending or threatened action, by ptivate or ublic
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<br /> •.-�-�-� • entities�o purchase or take�ry a all of the Property ttirougb condemnauon, eminent domain, or eny other means. rustor
<br /> :�=+ ..,,�.:__ . authorizes Beneficiary to intervene in Trusror's name in any of the above described actions or claims. Trustor assigns to
<br />- Beneficiary the proceeds of any award or claim for damages connected with a condemnation or other taking of all or a�iy
<br /> ' part of the Propeny, Such praeeds shall be corisidered payments and will be applied as provided in this Secui•ity
<br /> � - Instrumcnt. 'I'his assignment of proceeds is subject ro the tcrms of any prior mortgage,deed of tcust, secutity agreemant or
<br /> _ . ; other lien documcnt.
<br /> �; I�uurance. 'Crustor sUall kcep P�opcny insurcd against loss by.firc, flood theft and otkier hazards u►d risks reasonably
<br />_ y associated with the Property dua to its type and location.This msuruice s�iall be maintained in the:+mounts and for thc
<br /> periods that Beneficiary reguira. Tlie insurance carrier providing the insur�nce shall bc chosen by Trustor subjec[ to i�
<br /> • Beneficiary's a�proval, wh�ch shall not be unreasonably withheld. If Tnlstor fails to maintain die coverage described _.
<br /> • above, Beneficiary may, at Beneficiary's option, abtain wverage to protect Beneficiary's rights in the Property according =.
<br /> to the terms of this Sccurity[ns�mment.
<br /> All insurance policies and renewals shall be acceptable to Beneficiary and shall include a standard "mortgage elause" and,
<br />- where applica6le, "loss payce clause.' Trustor stiall immediately noti�y Deneficiary of cancellation or termination of tl�e
<br />— insurancc. Beneficiary shall have the right to hold thc policics and renewals. lf Beneficiary requires, Ttustor shall _
<br />� immediately^�ive�to�Bencf an:ur a�rrie Cand Bc eficiarv rBeneficiary maynnakc proof of los�f notsm de immediatcly�by
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<br /> Tn�stor. °'---__.—... --- - _
<br /> Unlcss otherwise agrecd in writing,all insurancc procceds shall be applicd to thc restoration or rcpair of the Property or to
<br /> the Secured Debt, whether or not then due, at Beneficiary's option. Any application of procecds to principal shall not
<br /> extend or postpone the due dste of tlu seheduled payment nor chv�ge the amount uf a�iy paymenc. Any eacess will be paid
<br /> to the Trustor. If the Properry is acquired by I3enefic�ary,Trustor's n�ht ro any insur.�►nee pohcies :uid roceeds resulting
<br /> from damage to the Propeny Lc(oee the acyuisition shall pass ro Beneftciary to the extent ot the Secured�ebt immediately _.
<br /> Ucfore the acquisition� �Pd9e Z a�4� •
<br /> � � ; p�996 Uankcrs Sy�tams.���c..Si.Clood.M N�orr:�OCP�REDT•NE�0/7/99 __
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