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��1 5�5975
<br /> Property Conditivn, Alterat�ans and Inspectian. Trustor will keep the Prop�rty �n. gaod cond�tian and
<br /> make aI�repai�s �hat are reasonably n�cessary. Trustor shal.l not commit ar allow any waste, impa.�rment, or
<br /> deteriorat�an af the Property. Tru�tor agrees that the nature af the accupancy and use wiil nat �ubstantially
<br /> change vvithou� B�neficiary's prior written consent. Trus�ar will not permit any change in any lxcense,
<br /> restrictive co�renant or easement without Beneficiary's prior wri�ten cansent. Trust�r v�vi�I no�ify Bene�ciary
<br /> of a7I demands, proceedings, claims, and actions aga�.n�t Trustor, and of an�loss or damage to�he Pr�perty.
<br /> Beneficiary or Beneficiary's agents may, at Beneficiary's option, enter�he Propert�at any rea.�anable time for
<br /> the purpose af �nspe�ting the Praperty. Beneficxary sha11 give Trustor notic� a� the t�me of ar before an
<br /> inspection sp�cifying a reas�nable purpflse for the inspection. Any inspection of the Property shall be �ntirely
<br /> f�r Benefi�iary's benefit and Trus�or wi11 Yn no wa�rely an Ben��ci.ary's inspection.
<br /> Authority to Perfarm. If Trustor fails to perform any duty ar an�of the cavenants canta�.ned in this Secur�ty
<br /> Instrument, Bene�.ciar� may, wi�hout notYce, perform ar cause them ta l�e performed. Trustor appain�s
<br /> Beneficiary as a�torne�r in fact to sign Trustor's name or pay any amaunt necessary for performance.
<br /> Beneficiary's righ�to perform for Trus�or sha11 nflt crea�e an oblYgatzon to perform, and Benefzciary's fa7.l.ure
<br /> �o perfarm �wat�l not pr�clude Beneficiary fr�m�x�r�zsing any of�eneficiary's ather righ�s und�r the �aw or
<br /> this Security Ins�n�ment.
<br /> LeaSQholdsy Condom�niums; Planned TJnit Developments. Trustor agrees ta c�mp�y with the provisi�ns af
<br /> any lease if this S��urity Instrument ais on a leaseho�d. rf the Property incxudes a unit in a condom�nxum or a
<br /> plann�d unit development, Tru�t�r wi.IX perform all af Trustor's duties under the covenants, by-laws, or
<br /> regul ation�of the condomisaxum or planned unit d�v��opment.
<br /> �andernnation. Trus�ar w�ll g�ve Beneficxary prampt noti.ce of an�pending ar threat�ned action, by priva�e
<br /> or publi� �nti�ies to purchase or take any or al.I af th� Property through condemnation, �minent doma�.n, or
<br /> any other means. Trustor aut.�aarizes Beneficzary to intervene in Trus��r's name in any of the above descrzbed
<br /> act�ons or claims. Trustar asszgns ta Benefxciary the proceeds af any award or claim f�r damages ��nnected
<br /> �vith a candemna�ian or other tal�ing of a.�l or an� part of the Praper�y. 5uch praceeds sha�i be considered
<br /> payments and wi1l b� applied as pro��xded in this 5ecurity Ynstrument. This assi�gnment of prnceeds �s subject
<br /> to the terms of an.y pri�r martgage, deed of trust, security agreem�nt or oth�r lien document.
<br /> Insurance. Trust�r shall keep Praperty insured against loss by fire, flood, theft and �ther hazards and xis�s
<br /> reasonal�ly assacia�ed with the Property due to i�s typ�and�acation. Thzs insurance shall be mainta�ned in the
<br /> amaunts and for th� periods that Benefi�Yary requires. What Beneficiary requxres pursuant to the preceding
<br /> tw� sen�ences can change during the�erm�f the 5ecured Debt. The insurance carrier pro�iding the insuran�e
<br /> shal.l be chosen by Tru�tor sub�e�� t� Ben�fic�ary's appraval, which sha11 not be unreasonably withheld. If
<br /> T�ustor fails ta maX.ntain the co��rage described above, Beneficiary may, at Beneficiary's option, ob�ain
<br /> co�erage to prote��Beneficiary's r�ghts in the Proper�y according to the terms of this Security Instrument.
<br /> AII insurance p�licies and renewals s�hall be acceptable ta Beneficiary and sha11 include a s�andard "mortgage
<br /> clause" and, where appli�able, "loss payee cXause." Trustor shalx immedia�eXy notify Bene�c�ary of
<br /> cancel�atYfln or termination of the insurance. B�nefx�iary shall have the �-�ight to hoid the policies and
<br /> renewa�s. rf B�nefxciary requires, Trustar shall in�mediately give�o Beneficaary a�l re���p�s af paid premiums
<br /> and renewal notic�s. Upan l�ss, Trustor sha11 gi�� irnmediate notice�a the insurance carr�ter and Beneficiary.
<br /> Beneficiary may make praof af loss if not made�mmediately by Trustar.
<br /> Un�ess otherwise agreed in writ7ng, alI insurance proceeds shall be appli�d to the restorat�an or repair of the
<br /> Prnperty or to the Secured Debt, whether ar not then due, at Beneficiary's option. Any app�ication af
<br /> pro�eeds t� princ�pal shall nat extend or pastpone the due da�e of th� scheduled payment nor �hange the
<br /> amount of any payment. Any excess vvi11 be paid to the Trustor. �f the Praperty is acquir�d by Beneficiar�,
<br /> Trust�r's righ� ta any insura.nce policies and proce�ds resul�ing from dama�e to the Prop�rty before the
<br /> a�quis�tion shall pass ta Bene�ciary t4 the extent af the 5ecured Debt immediately b�fore the a��uisition.
<br /> FinanCia� Reports and Addit�ornal Documents. Tru.star wi11 provide to Benefi�iary upon request, any
<br /> financza.� statement ar infarmat�an Benefic�.ar� may deem reasanabiy necessary_ Trust�r agrees to szgn,
<br /> delYv�r, and f�le any additional documents or certifications that Beneficiary may consider n�cessary to perfect,
<br /> c�ntinue, and preserve Trustor's obligations under this Security Instrument a.nd Beneficxary's lien status on
<br /> the Prop�x�y.
<br /> 6. W Y�F TITLE. Trustor warrants that Tru�tar is ar will be �awfuliy seiz�d of th� estate conveyed
<br /> by this Security Ynstrument and has th��ight to irre�ocably grant, convey, and sell the Pr��erty�o Trustee, in
<br /> trust, w�th power af sale. Trustar also v�arran�s that the Proper�y is unen�umbered, except far encumbrances
<br /> af rec�rd.
<br /> 7. DUE QN SALE. Ben�fi��ary may, at its opt�on, declare the entire bal.ance of the Secured Debt tv be
<br /> immediately due and payable upan the creatzon of, ar contract far the cr�atifln of, a transfer ar saie af aiI ar
<br /> any part of the Prop�rt�. This rzght is subject to the res�r�ctxons impased by feder�l law ��� �.F.R. 59�.}, as
<br /> app�icab�e.
<br /> 5ecurity lnstrument-Open-�nd-C�nsumer-N� OCP-REf3T-NE �12,'2011
<br /> VMPC�7 Bankers SystemsT"' VMP-C465[NE7 [1 1�7y.D�
<br /> Waiters Kluwer Fir�ancia[5ervices U'1994,20�7 p�g�3�f�
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