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��15�58�� In the��ent�hat Beneficiary fails to pr�vide any required ntitice of the right of rescission,Beneficiary wai�es any�uk�sequent seeurity interest in the Trustvr's prin�fpal dwe!l+ng that is�reated by thi5 Se�urity Instrument. 5. PAYNIEIVTS.Trustar agrees that afi payments under the Secured❑e�t will be paid when due and in a�cordan�e with�he terrns�f the Secured Debt and this Security Instrument. b. WARRANTY�F T1TLE.Trustor warrants that Trustor�s or w�il be lawfully seized of the estate con�eyed �y thi5 Security In�trument and has the right to irrevaca�ly grant,�anvey,and se�l the Property to Trustee,in trust,with pvwer of sale.Trustar al$o warrant5 that the Property is unencurnberQd,except for encumbrances vf r��ard. 7. PRIDR SE�URtTY 11VTERESTS.With regard to any other rnortgage,deed of trust,security agreernent or ❑ther fien da�um�nt that created a pr�or seeurity interest or en�umbrance an Che Property,Trustor agrees: A. To make all payments when due and to perform or�omply with all co�enants. B. Ta promptly deli�er ta Benefi�iary any natices that Trustor recei�es#ram the holder. �. Nat to allaw any madification or extensi�n of,nor to request any future ad�ance�under any note or ag�eement secured by the lien document without Beneficiar�'s prior written consent. 8. CLA1M5 AGAINST TITLE.Trustor will pay all taxes�d55Q55CT1pC1tS�liens,encumbrances,lease payments, ground rents,utilities,and other charge�relatin�to the Praperty when due.Beneficiary may require Trustor ta provide ta Beneficiary copies vf all natice�that such arnount$are due and the receipts eviden�ing Trustor's payrnent.Trustar will defend#itle tv the Property against any�laims that woufd impair the lien flf thEs Se�urity Instrument.Trustor agrees to assign to 6eneficEary,as requested by Benefieiary,any rights,claims ar def�nses Trustor may have against parties wh❑supply labor vr materials ta maintain vr imprv�e the Praperty. 9. DUE�N SALE�R ENCUMBRANCE.Beneficiary may,at its option,declare the entire balance o�the Secured Debt to be immediately due and payable upon the creation of,or contract for the creativn of,any lien,encumbrance,transfer ar sale of all or any part of the Property.This right is subject to the restrictians imposed by�ederal 1aw[12 C.F.R.59i�,as appli�abie.This covenant shall run with the Rr�perty and shall remain in effect until the Secured Debt is paid in fu!!and this 5e�urity Instrumen�is relea��d. "f 0. PR�PERTY C�NDITI�N,ALTERI4TIQN514ND[NSPECTIDN,Trust�r wil!keep the Property in gaod condition and rnake a!1 repairs that are reasanabiy nece��ary,Trustar shall not commit or allow any waste, impairment,or deterioration of the Property.TruStor wilf kQep the Property free of naxious weeds and grasses.Trustvr agrees that the nature af the occupan�y and use will not substantially�hange without Beneficiary's prior written�onsent.Trustor will not permit any change in any�i�ense,restri�ti�e�o�enant or eas�rnent without Benefi�iary'�pri�r written consent.Trustor wiil notify Benefi�iary of all demands, proceedings,c�aims,and actions against Trustvr,and of any lass or damage to the Praperty. Beneficiary or Benefi�tary's a�ent5 may,at Benefieiary's option,enter the Property at any reasonable time far the purpase o��nspeeting the Property.Benef�iary shall give T�ustor n�ti�e at the time of or before an inspeetion spe�ifying a reasvnable purpose fvr the in5pection.Any inspe�tion of the Property shal!be entirely for Benefi��ary's benefit and TruStor will in nv way rely on Benefi�iary's inspe�tion. �1. AUTH�RITY TD PERFDRlVI.lf Trustvr fails ta perform any duty❑r any of the co�enants�antained in this 5ecurity Instrument,Beneficiary may,without natice,perform or�ause them to be perfarmed.Trustor appoints Beneficiary as a�torney in fact to sign Trustor`s name or pay any amount necessary for pe�Forrnance. Beneficiary's right t❑perfarm for Trustor�hall n�t create an obligation to perform,and Beneficiary's faifure tv perform will not pre�lude Ben�fi�Eary fram exer�ising any❑f Benefieiary's ather rights under the law ar this Securi�y Instrument.If any�onstructivn on�he Property is dis�ontinued ar not carried on in a reasanable manner,Beneficiary may take all steps necessary tv pr�t��t Benef��iary's se�urity interest in the Property, in�luding�arnpleti�n of the �anstru�tion, (poge 3 of 7) _1994 Walters}(luwer Finan�iaf 5erviCes-Bankers Sys[erns * Form U5B-RE�T-NE 1�1�61�012 � �