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��15�175�
<br /> Property �ondition, Alterations and Inspectxon. Trustor wiil keep the Pr�p�rty rn good conditivn anc�
<br /> make a�1 repairs that are reasonably n�c�ssary. Trus�ar sha11 not comm�tt or a11ow any waste, impairment, ar
<br /> deterxora�ion of the Praperty. Trustor agrees that th� nature of the occupancy and use will not substantially
<br /> change without B�neficiary's priar written cansent. Trustor wi11 not permi� any change in any I�cense,
<br /> restric�i�e �av�nant or easement without Beneficiary's priar wri�en cansen�. Trus�or v��ll notify Beneficiary
<br /> of a1i demands, proceedings, clauns, and actions against Trustar, and af any Iass or damage to the Property.
<br /> B�neficiary ar Beneficiary's agen�s may, at Benef�ciary's�pt�an, enter the Property at any reasonable time f�r
<br /> the purpose af inspecting the Proper�y. B�nef�c�ary sha11 giv� Trustor notice at the time of or before an
<br /> inspect�an specYfy�ng a r�asonable purpos�for the inspection. Any in.spection af�he Proper�y shail be entirely
<br /> far Benefic�ary's benefit and Trustor w�ll in no way rely an Beneficiary's inspection.
<br /> Autbor�ty to Perf�rm, rf Trustor fails to p�rform any duty or any of the cavenants c�ntained in�h.zs Security
<br /> Instrument, Bene�crary may, witxiout no�ice, perfarm or cause them ta be perfflrmed. Trustor appoin�s
<br /> Benefic�ary as attorney in fact ta sign Trustor's name ar pay any amnunt n�cessary for performance.
<br /> Beneficiary's right to perf�rm for Trustar sha�� no� Gr�at� an obl�ga�ion tv perform, and BeneficYary's fai�ure
<br /> to perf�rm will not prec�ude Beneficiary from exercising any of Beneficiary's ather rig�ts under the �aw or
<br /> this S�curity�nstrument.
<br /> Leaseholds; Condominiums; P�anned ilnit Deve�.opments. Trustor agree� ta campXy with the prov�sians af
<br /> any Iease if txiis Security Instrument is on a leas�hold. �f the Prop�rty includes a unit in a condaminium or a
<br /> p�anned unit development, Trustor wi�� perfnrm all of Trustor's duties under the cav�nants, by-�Iaws, �r
<br /> regula�ions of th��andominium or plann�d unit developm�nt.
<br /> Condemnation. Trus�ar wiil gi�e B�neficzary prnmpt notYce of any pend�ng or threatened action, by private
<br /> or public entities to purchase or take any ar all of the Properry through �andemnation, eminent domain, or
<br /> any other means. Trustar autharizes Bene�ciary ta intervene in Trustor's name in any of th� abfl�e des�r�bed
<br /> acti�ns or cla�ms. Trustar assigns to Benefic�ary the proceeds of any av�ard or claim for damages connected
<br /> with a �andemnatian or o�her taking of aIi or any part of the Praperty. Such proceeds shal� be considered
<br /> payments and wi11 be applied as pravid�d in�his Security Instrument. This assignment of proceeds is subj�ct
<br /> to the�erms of any prior mortgage, d��d of trust, security agreement or other I�en document.
<br /> Insurance. Trustor shall. keep Prflp�rty insured against loss by fire, flood, theft and ather hazards and risks
<br /> reasonably associated with�he Property du�ta �ts type and lacation. This insurance shal�be maintained in the
<br /> amounts and for the p�riads that BenefYCYary requires. What Beneficiary requires pursuan.� �o the pr�c�d�ng
<br /> two sentences can change during the term of the Secured I]ebt. The insurance carrier pro��ding the insurance
<br /> sha11 be chosen by Trustor su�ject to Benef�c�ary's approva]., which shall nat be unrea�ona�ly withheld. �f
<br /> Trustar fai�s to maintain �he coverage described above, Beneficiary may, at Ben�ficxary's �ption, obta�.n
<br /> �overage to protect Benef�ciary's rights in the Pro�erty ac�ording�o the terms of this Security Ln.strument.
<br /> All insurance po�icies and renewals shall be a�ceptable ta Beneficiary and shal.I include a standard "martgage
<br /> clause" and, wh�re applicabl�, "lass payee clau�e." Trustor sha11 immediate�y no�ify Beneficiary of
<br /> can�e��ation or termin.ation of the x.n.surance. �enefx�iary shal� have �he right to hold the policies and
<br /> renewa�.s. If Benefic�ary requires, Trus�or sha11 �nme�iately give to Benef�c�ary alI receip�s of paid premiums
<br /> and renewal nvtic�s. Upon 1ass, Trustor sha11 g�ve immediate nat�ce to the Ynsurance carrier and Ben�ficiary.
<br /> Beneficiary may ma�e pr�of of loss if na�made imm�dia�eiy by Trus�ar.
<br /> Unl�ss o�herwis� agreed in writ�ng, a1I insurance pra�eeds sha�� be appiied to the restorat�an ar repair of the
<br /> Prflperty or to th� Secured Debt, whether ar not �.b.en due, at Beneficiary's optgon. Any application of
<br /> proceeds ta principal shal� not extend or postp�n� the due date of the schedu��d payn�ent nor change the
<br /> amount of any payment. Any excess wi11 be pazd to th� Trust�r. If th� Property is acquired by Beneficiary,
<br /> Trustor's r�gh� ta any insurance pol�cies and proceeds resulting from damage to the Property before the
<br /> acquis��xon sha1X pass�o B�n�fx�iary to the extent af the Secured Debt Ymmediately before the acquis�tion.
<br /> F�nancial Reparts and Additional Documents. Trus�or will pravide tn B�nef��iary upon request, any
<br /> financial statemen� or rnforma�ion Benefi�iary may deem reasonably necessary. Trus�ar a�rees ta s�gn,
<br /> deli�er, and file any addit�anal da�uments or certifications that Beneficiary may�ans�der necessary ta perfect,
<br /> continue, and preserve Trustor's obiigatians under this Secur�ty �nstrument and B�nef��iary's lien status on
<br /> the Property. .
<br /> 6. W Y OF TITLE, Trus�or warrants that Trustor is or wi1l be �awfu��y seized �f the estat�conveyed
<br /> by�his Secur�ty Instrument and has the right to irre�ocably grant, convey, and sel�the Pr�p�rty ta Trustee, in
<br /> �rust, vvith povver of sale. Trustor a�so warrants that the Properfiy is unencumbered, except for encumbranc�s
<br /> of record.
<br /> 7. DUE �N SALE. B�neficiary may, at �ts option, declare the entir� ba.lance of �he Secured Debt to be
<br /> �mmedYat�ly due and payab�e upon the creat�an of, or contract for the �reation of, a�ransfer or sale of a11 or
<br /> any part of the Property. This r�ght is sub j ect�o the restr�ct�ons imposed by federal law (I 2 �.F.R. 5 91}, as
<br /> applicable.
<br /> 5ecurity lnstrumer�t-Dpen-End-Cansumer-NE �CP-R�DT-NE 7121����
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<br /> Wolters Kluwer Fir�ancial S�r�ices m1994,2Q�1 Page 3 af fi
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