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��15��351 � In the e�ent that 6enefi�iary fails ta pro�ide any required noti�e of the right�f►�s�ission,6eneficiary wai�es any sub�equ�nt security interest in th�Trust�r's prtntipal dwelling that is�reated by this Security I ns#ru ment. 5. PAYMENTS.Trustor ag��es that all payrnents under th�Secured�ebt v+�ill be paid whQn due and in ac�ardance rrvith the terms of the Secure�Debt and this Securit}r lnstrument. �. WARRANTY�F TITLE,Trustor warrants th�t Trustor is or virill b�lawfully sei�ed�f the estate conv�yed by this Security Instrument and has the right to irrer�ocably grant,�on�ey,and sell the Property ta Trustee,in trust,with pawer of sale.7rustor alsa warrants that the Properry is un�ncumbered,ex�ept for encumbrance� o�record. 7, PRI�R SECURiTY INTERESTS.INith regard to anY ath�r martgage,deed of trust,s�curity a�r�ement or ather Ei en docu ment that�reated a priar secu rity i nter�st ar en�umbra nce on the Property,Trustar ag r��s: A. Ta mak�all payrrnents when du�and to perform or comply with all�o�r�nants, B. To pramptly deliver ta Benefi�iary any n�tices that Trustor recei�es fr�m the halder. C. Not to al�ow any modifitati�n or�xt�nsion of,nor to request any futur�ad►�an�es under any nate or agreement secu red b�th�I ien d�cu ment w�thou�B�nef iciary'�prior Wuritten consent. 8. �LA�i1�5 AGAINSTTITLE.Trustar will pay all taxes,assessments,liens,encumbrances,lease payments, ground rents,utilities,and other�harges re�ating ta th�Property when due.Beneficiary may require Trust�r to pror�ide to 6enefi�iary�opies of al�noti�es that suth am�unts are due and the re�eipts e�iden�ing Trustor's payment.Trustor wi11 defend titEe ta the Property against any�laims that wouid impair the lien of this S�curity lnstrument.Trust�r a�rees to assign�o Benefic�ary,as requested by Beneficiary,any rights,c�aims or d�fenses Tru stor may ha�e aga inst parties v�rho su pply�abar or materia ls to rna i ntai n�r irn�ro�e the Praperty. 9. DUE�N SALE�R EN�UMBRAHCE.Benefit��ry may.at its option,detlare the entire k�alance�f the Secured Debt ta be immediately due and payab�e upon th�creation of,or contra�t for the creati�n of,any lien,�ncumbran��,transfer�r sale of a11 or�n�part�f the Property.This ri�ht is sub�ect to the�est�ictions ir�nposed b}r fed�ral la�t12 C.F.R.591�,as app�i�ab�e.This c�venant shall run�rvith the Property and shall remain in effe�t unt�l the Se�ured Debt is paid in full and this S��urity Instrument is rel�ased. 10. PR�PERTY COND[Ti�N.ALTERATiQNS AND INSPECTi�N.Tru�tor will k�ep the Pr�pe�rty in good �onditian and make al�repairs that ar�rea�onably ne�essary.Trustor shall not commit ar allow any v+►aste, impairr�ent,or d�t�rioratian of the Property,T�ustor will keep th�Prop�rty free of noxiaus��eds and grasses.Trustor a�rees that the nature af the occupancy and use w�ll not substantiafly thang�v+lithout Bene��iar�'s prtor vr►ritten eonsent.Trustor ur�ill not permit an�change in any li�ense,rest�i�ti�e�ouenant or eas�ment without B�nefi�iary's prror vuritten�onsent.TruStor will notif�Benefi�iat�r of all demands, pr�ceedings,�laims,and atti�ns a�ainst Trustor,and of any lo�s or damage to th�Praperty. B�nefi�iary ar Benefi�iary's agents may,at Benefc�ary's option,enter the Property at any rea�on�b�e time for th��urpose of inspecting the Property.Benefctary shall give Trustar notice at the time�f a�before an inspe�tion s�e�ifying a reasonab#e purpase for the ins��tion.Any inspection of the Propert�shall be entir�ly fo�Senef��2�ry's benefit and Trustor will in no way rely�n B�nefi�sary's�nspection. 11. AVTH�RITY T�PERF�R�VI.If Trustor fails to perform any duty or any�f the�o�enants�ontained in this Se�urity Instrum�nt,Ben�fi��a�may,without n�ti��,perform or cause them ta be perfarmed.Trustor appaints Benefi�iar3r as attorney in fa�t to sign Trustor's name�r pay any amount necessary f�r performance. Ben�ficiary's right t�pe�f�rm for Trust�r shall nat�reate an oblig�tion to perform,and Benef��iary's failure t�perform wil�not prec�ude Ben�f�c ia�}r fr�rn�xer�isi ng a ny of Benef icia r�r's other ri�hts u nder the law ar thi s Security I nstru ment.If any�anstruction on the Praperty is d i��ntin ued or n�t ca rried on in a reasonable manner,Beneficiary may take all steps ne�es�ary t�prote�t Benefi��ary's security interest in the Pr�Rerty, including c�mpletion of the �onstruction. �p�age 3 of T _199�Walters KIuwer Financial Serv�ces-Bankers Systerns � �vrm USB•REDT•NE t 111 fi1�0�2 �