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� ��1 5�5975 S. I3EFAUifT. Trustar v�ill be in default if an�of the fa��awing accur: Fraud. Any Consumer Borrawer engages in fraud or materiai mi.srepresentation in �annectz�n with th� 5ecured D�bt that is an op�n end home equzty p�an. Payments. Any Consumer Borrawer on any Secured D�bt th.a�is an op�n end home equity glan fails to make a p ayment when due. Property. Any actzon or inaction by th� Borrow�r or Trustor occurs �ha� adverseiy affe�ts �he Property Qr Benefxczary's righ�s in thc Prapert�. Thxs includ�s, but zs not �zmited to, the fal.�owinb: �a} Trustor faxls to max.ntain required insuran�e on the Prapert�; �b} Trustor transfers the Pr�perty; �c} Trustor commits wast�or atherwise destru�tz�e�y uses or fails to maintai.n the Praperty such that th� actzfln flr ina�tian adv�rs��y affects Benefzc�a�y's security; (d} Trustor faz�s to pay taxes on the Praperty or Q�herwise fails to act and th�reb� causes a lien t� be filed against the Property that is senxor ta the lien af this Securxty Lnstrurn�nt; ��} a sol.e Trustor dies; �f} if mor�than one Trus�or, any Trust�r dies and BenefiG�ary's s��urit� is adversely affec�ed; (b}th�Praperty is taken through eminent�iornai.n; �hh} a judgment is filed agai.nst Trustor and subjects Trustar and the Property to a�tzon that adversely aff�cts Beneficiary's interest; or ��} a prror Iienholder farec�oses on the Property and as a re�u�t, Beneficiary's interest is ad�erse�y affected. �Executxve �ff�cers. Any Bflrrflwer zs an executiv� offzcer af Beneficiary ar an affili.ate and su�h Borrower ��c�rn�s indebted to Beneficiary ar an�ther lender xn an aggregat� amount gr�ater than the amaunt permitted under f�deral�aws and reguXatians. 9. REIV�DIES 4�T DEFALTLT. Ln add�t�on �o any ather remedy a�ai.�ab�e under �he terrns of this 5�curzty Ins�rument, Benefzc�ary may a��lerate the 5ecured Debt an� farec�ose th�s Se�urity Instrum�nt in a mazu�.er provided by Iaw �f Trustor zs zn defauxt. Ln. some instances, federal and state�aw v�ri.xl require Beneficiary ta provxde Trustor w�th not�ce of the rxght to cure, or ❑ther notices and may estab��sh time sc�edules for fare��osure actxans. Each Trustor reque�ts a copy af any natice of default and any not�ce of sale��r�und�r be mailed to each Trustor at the address provided in Se�tion I above. At the option af Beneficiary, all or any part of the agreed fees and charges, a�crued interest and principal sha11 be�ome immed�at�Iy due an�i payable, a.ft�r gi�ing noti�e if r�quired by law, up�n the accurren�e of a default or anytime�h�reafter. �f there zs a defau�t, Trustee shal.l., at the request of Benef�ciary, advertise a.nd se�l tlxe�Property as a�whti�e or in separate parcels at public auction to the highest bidder far cash and canvey absfl�ute t�tle free and clear of all right, title and interest of Trustar at such time and p�ace as Tru�t�e d�sxgnates. Trustee shall giv�natice of sale znc�udxng the tzme, terms and place of sal.e and a d�scription af the property to be soid as r�qu�red by th� applicabl�iaw in effect at the tirne of the proposed sal.�, Upon sale of the Property and to the �xten�nat pr�hiba�ed b� law, Truste� sha�l make and de�.��rer a deed�a the Proper�y sold v�hi�h ��nveys absolut� title to the purchaser, and after first paying a11 fees, charges and casts, shall pay ta Benefzciaxy ai�moneys ad�ranced for repairs, �axes, insuranc�, Iiens, assessmen�s and prior encumbrances and znterest thereon, and the prxne�pal and interest�n the Secured]Jebt, paying the surp�us, if any, to Trustor. Beneficiary ma� pur�has� the Praperty. Th� r�citals in any �eed af conve�rance shall be pr�ma fa�xe e��den�e of the faGts set forth therein. The acceptan�e b� B�n�f�.ciary of a.n.y sum �n payment or pa.rt�al payment an �he Se�ured I3ebt after the balanc� 15 due or is ac��l�rat�d or af�er forecxasure prac��dzngs are �led shai� not const�tute a wa�ver of B�nefzc�ary's r�ght to require camplete cur� of any existing default. By n�t exercis�ng any remedy on Trustor's default, Benefz�zary does nat waivc B�nefi�iary's right to later c�nszder the event a defau�t if it happens again. lU. E.�PENSES; ADVANCES �N C�VE�I'A�1TS; ATT�RNE�.'S' FEES; ��LLECTI�i� ��STS. If Trust�r breach�s any covenan� �n this Security Instrument, Trustar agrees ta pay aII expens�s Ben�f�czary zncurs in performing such co�renan.�s or protecting zts security interest in the Property. Su�h expenses include, but are not Iim�ted to, fees incurred for in�pecting, preserving, or atherwise protecting the Praperty and Benefi�iary's security inter�st. These expenses are payable on demand and will bear interest from the date of payment until paid in full at the highest rate of inter�st�n�ffe�t as pro�xded in the terms af the Secured D�bt. Trustor agre�s to gay aII costs and exp�nses incurr�d by Bene�ciary in colle�ting, enfarci.ng or prote��ing Benef�ciary's r�ghts and remedies under thzs 5ecurit��n.strunaent. This amaunt may include, bu�is not I�uted ta, Trustee's fees, �ourt �osts, and ather Iega1 e�pense�. To th� extent permitted by the United States Ban�kr�xptcy ��de, Trustor agrees ta pay the reasanab�e attorneys' fees Beneficiary incurs to collect the 5�cured De�t as award�d b�r any c�urt �xercising �urisdiction under th.e Bankruptcy �od�. This Security Instrument sha11 r�mai_n in effect unti� rel�ased. Trustor agre�s to pay for any recordation c�sts af such release. 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