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��15�3544 In the e�entthat Beneficiaryfatlsta prv�ide any requi�ed notice of the rightof res�ission,Beneficiarywai�es any sub�equent security interest in the Trustvr`$principal dwelling that is cr�ated by this Se�urity Instrument. 5. PAYMENTS.Trustor agrees that al!paymen�s under the Secured Debt will be paid when due and in a�cordan�e with the terms af the Secured Deht and this Security Instrument. b. WARRANTY�F TITIE.Trustar warrants that Trustvr is or wil�be lawfully seized of the estate�on�eyed by this Security Instrument and has the right to irre�ocably grant,con�ey,and se��the Property to Trustee,in trust,with power of sale.Trustor alsa warrants that the Property is unencumbered,ex�ept for encumbrances of record. 7, PRI�R SECURITY INTERE5T5.VlJith regard to any ather mvrtgage,deed vf trust,$ecurity agreement or other lien documentthat created a prior security interestorencumbrancean the Property,Trustoragre�s: A. Tt�make a1�payments when due and tv perform vr c�mply with a11 co�enants. B. Tv pramptly deli�er to Beneficiary any notiees that Trustar re�ei�es from the hofder. C. Nfltta allowany modifi�ation orextensian o�,narto requestanyfuture advances under any noteor agreement se�ured bythe lien dacumentwithout Bene�iciary`s prit�rwritten cvnsent. 8. CLAINIS AGAINST TITLE.Trustor will pay a!!taxes,a�s�ssments,liens,encumbrances,lease payments, ground rents,utilities,and other charge$relating to the Property when due.Beneficia�y may require Trustor to ra�idetv Beneficiarycvpies of a1l noti�esthat su�h amaunts aredue and the rece�pts e�idencingTrustor's P a ment.Trustorwifl defend�itletothe Prvperty againstany eiaimsthatwould impairthe lien❑fthis i� Y 5ecurity Instrument.Trustor agrees to assign ta�eneficiary,as requested by Benefieiary,any rights,claims ordefensesTrustar may ha�e against parties wha supply labvr or materialsto maintain or irnp�o�ethe PraperYy. 9. DUE�N SALE�R ENCUMBRANCE.Benefieiary may,at its option,deelare th�entire balance of the 5ecured Debt to be irnmediately due and payable upan the creation af,or contra�t for the creation of,any lien,eneumbrance,transfer or sale of all or any part of the Property.This right is�ubsect to the restrictions im osed by federaf�aw{12 C.F.R.591},as applieable.This eo�enant shall run wtth the Praperty and sha11 P remain in effect until the 5ecured Debt is paid in full and this 5e�urity Instrument�s re�eased. '{4. PR�PERTY C�NDITI�N.ALTERATI�NS AND INSPECT��N.Trustor will keep the Praperty in go�d conditian and make al!repairsthatare reasanably necessa�y.Trustor shall nat commitvrallawanywaste, im airment,vr deter�aration af the Praperty.Trustor will keep the Property free of naxious weeds and p g rasses.Trustor agrees that the nature of the oc�upancy and use will not substantially change without Beneficiary's priar written cvnsent.Trustor will not perm�t any�hange in any license,restricti�e ca�enant ar easementwithout Benefi�iary's priorwritten consent.Trustorwill notify Beneficiary of all demand�, proceedings,claims,and actions against Trustor,and of any lo5s o�damage tv the Property. Beneficiar or Beneficiary's agents may,at Beneficiary's optivn,enterthe Pr�pertyat any reasonabletimefor v the purpaseof inspectingthe Property.6enefieiary shali g�veTrustor noti�e atthetimeof❑r before an . ins e�tipn spe�ifying a reasonable purpo$e for the�nspection.Any inspe�tion of the Property shall be entirely p for Benef��iary's bene�it and Trustvr will in no way rely an Beneficiary's inspection. "i�. AUTH�RITY T�PERFaR1Vl.If Trust�r fails ta perforrn any duty ar any of the Co�enants�ontained in this Security Instrument,Beneficiary may,without natice,perform or�ause them to be performed.Trustor appoints Benefi�iary as attarney in fa�t to sign Trustor's name or pay any amount ne�essary for performance. Benefi�iary's rrght to perform fvr Trustor shall not�reate an abl�gation to perform,and Bene�«�ary s fa�lure to�erform wilf not pre�lude Beneficiary from exercising any of Beneficiary's other rights under the law or this Securit Instrument.If any construction on the Prop�rty is discontinued❑r not carried on�n a reasonable Y manner,Benefi�iary may take all steps nece�sary to pratect Benefic�ary'�se�urity interest in the Property, including tampletian of the canstru�tion. (page 3 of 7} 1994 WoRters Kluwer Finar►cial Servi�es-Bankers Systems * Farm L15B-REDT-NE 111�6l2�1 Z