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��15�3545 � fn the e�ent that Benefic�ary fails to pra�ide any requir�d notice af the right of rescission,Benefi�iary wai�es any subsequent se�urity interest in the Trustar's principaf dwelling that is created by this Security Instrument. 5. PAYMENTS.Trustor agrees that al i payments u nder the Secu red Debt wi I I be pa id when due and i n a��ardance with the t�rms of the Se�ured Debt an�this Se�urity Instrument. 6. WARRANTY�F T�TLE.Trust�r warrants that Trustar is�r wi11 be lawfuily seized of the estate�on�eyed by this Seeurity lnstrument and has the right to irr��o�ably grant,con��y,and sell the Proper�y to Trustee,in trust,with pawer of sa�e.Trustor also warrants that the Property is unencumbered,except for en�umbran�es of record. 7. PR10R SECURITY INTERESTS.With regard t�any other mortgage,deed❑f trust,se�urity agreement or �ther lien do�ument�hat�reated a prior security interest ar�ncumbrance vn the Property,Trustor agrees: A. Ta make a�l payments when due and to perform or�omply with alf�a�enants. B. To promptly deli�er to Beneficiary any notic�s that Trustvr recei�es from the holder. C. Not to a{law any modifieation or�xtensivn❑f,nor to request any futur�ad�an��s under any note or agreement secured by the lien document without Beneficiary's pr�ar written�onsent. 8. CLAIMS AGAINST TITLE.T�ustor wil� pay all taxes,assessments,liens,encumbran�es,lease payments, ground rents,utilEti�s,and ather�harges relating to the Property when due.Benefieiary may require Trustor to pro�ide to Beneficiary�opies of af! notices that such amounts are du�and the receipts e�idencing Trustor's payment.Trust�r wil�defend title t�the Pr�perty against any�laims that would impair the Iien�f this 5e�urity Instrument.Trustor agr�es to assign to Benefi�iary,as requested by Beneficiary,any rights,claims or defenses Trustor may ha�e aga�nst parties who supply labor or mat�rials t�maintain or impra�e the Property. 9, DUE C]N SALE�R ENCUMBRANCE.Benefi�iary may,at its option,declare the entire balanee of the 5ecured flebt tv be imm�dtat�ly due and payabl�upon the�reation of,ar�ontra�t for the�reation of,any lien,encumbranc�,transf�r or sale af a!f or any part of the Pro�erty.Th�s right is subje�t to the�estrictivns impased by f�derai 1aw t1�C.F.R.591},as appli�able.Thi�ca�enant�hail run with the Property and shafl remain in effe�t until the Se�ured Debt is pa�d in fu�i and this 5e�urity Instrument is release�. '14. PR�PERTY C�NDITlC3N,ALTERATl�NS AND#NSPECTI�N.Trustor wifl kee�the Property En gaod candition and make a�l r�pai��that are reas�nably ne�essary.Trustar shalf not comm�t or aliow any waste, impairment,or d�terioration of the Property.Trustar wili keep the Praperty free af nvxious weeds and grasse�.Trustor agrees that the nature flf the oecupancy and use wili not substantially�hange without Beneficia�y's prior written t�nsent.Trustor will not permit any change in any ticense,restri�ti�e�o�enant ar easement without Beneficiary's prior written consent.Trustvr will notify Beneficiary of alt demands, proceedings,�laims,and actions agains�Trustor,and of any lass ar damage to the Property. Beneficiary ar Beneficiary's agents may,at Ben�ficiary's option,enter the Property at any reasonable time for the purpo�e of inspe�ting the Property.Beneficiary shall gi�e Trustor notice at the time of ar before an inspection specifying a reasona�le purpose for the inspe�tion.Any inspection of the Property 5hall he entirely for Beneficiary's benefit and Trustor will in na way rely on Benefi�iary's inspection. 'I 7, AUTH�RITY T�PERF�RM,if Trustor fails to perform any duty or any of the co�enants contained in this 5ecurity lnstrument,Benefieiary may,without notic�,perfarm or cause them to be performed.Trustor appoints geneficiary as attorney+n fact ta sign Trustor's name ar pay any am�unt rre��ssary for pQrformanee. Beneficiary's rtght to perform far Trustor shall not create an abligativn to perform,and Beneficiary's failure to perfvrm wi11 not preclude Benefic�ary from exercising any of Benefieiary's ather rights under the iaw or thts Security�nstrument.if any canstructian on the Property is discontinu�d or not carried on in a reasonable manner,6eneficiary may take all steps necessary to protect Beneficiary's security interest in the Property, inciuding completion af the cnnstruetivn. �~ { 3❑f 7) 1994 Wv4ters f(luwer FinanCial Serr►ices-Bankers 5ystems * Form USB-RE�T-NE�1116120��