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��15��835 <br /> t <br /> In the e�ent that Beneficiary fail�to prvvide any required noti�e af the right of res��ssion,Beneficiary wai�es <br /> any subsequent security interest in the Trustar'S principal dwelling that i�created by this 5e�urity <br /> �nstrument. <br /> 5. PAYMENTS.Trustor agrees that all payments under the Se�ured Debt will be pa�d when due and in <br /> a�cordan�e with the terrns of the 5ecured De�t and th�s Security <br /> lnstrurnent. <br /> fi. WARRANTY�F TITLE.TruStar warrants tha�Tru�tar is or wil�be lawfully seized of the estate con�eyed <br /> by this Security lnstrument and has the righC to Erre�ocably grant,con�ey,and 5ell the Property to Trust�e,in <br /> trust,with power o�5ale.Trustor also warrants that the Property is unencurnb�red,except for encumbran�es <br /> of re�4 rd. <br /> 7. PRl�R SECUR{TY INTERE5T5.With regard to any vther rnortgage,deed of trust,seeurity agreement or <br /> other lien document that creat�d a prior se�uri�y interest or encurnbrance on the Praperty,Trustvr agree�: <br /> A. To make all payments when due and tfl perfarrn ar comply with all covenants. <br /> B. To prampt�y deli�er to Seneficiary any notices that Trustor re��ives�rarn the holder. <br /> �. Not t�a�law any madifi�ation❑r extension af,nor to r��uest any future ad�an��s under any note or <br /> agreement se�ured by the lien document withaut Benefi�iary's privr written�vnsent. <br /> 8, CLAIMS AGAINST TITLE.Trustor will pay all taxes,asses�rnents�jiens,encumbran�es,lea5e payments, <br /> ground rents,utilities,and vther charge�relating ta the Property when due.Beneficiary may require Trustor <br /> to pra��de to Beneficiary copies af al!natices that such amaunts are due and the receipts e�iden�ing Trustor's <br /> payment.Trustar will defend title to the Property against any claims that wauld impair the lien af this <br /> Security lnstrument.Trustar agrees to assign t❑Beneficiary,as requested by Beneficiary,any rights,elaims <br /> or defenses Trustvr may ha�e aga�nst parties wha supply labar or rnaterials to maintain or impra�e the <br /> Praperty. <br /> �. DUE�N SALE�R ENCUM�RANCE.Beneficiary may,at its option,declare the entire�alance�f the <br /> 5ecured Debt to be�mmediately due and payable upon the�reati�n of,ar contract for the�reativn o�,any <br /> lien,eneumbrance,transfer❑r sale af all or any par�of the Property.This rEght is sub�e�t t❑the restrictions <br /> imposed by federal law{��C.F.R.591},as applicab�e.This co�enant shall run with the Property and shali <br /> remain in effect until the 5e�ured Debt is paid in full and this Security Instrurnent is released. <br /> 1 a. PR�PERTY C�IVDITI�N.ALTERATI�NS AND 1h15PECTI�N.Trustvr will keep th�Property in good <br /> condition and make all repairs that are rea�onably necessary.Trustar shall not�ornmit or al�vw any waste, <br /> impairment,ar de#erioratian of the Pr�perty.TruStor will keep the Property free of nox�ous weed�and <br /> grasse�,Trustor agrees that the nature�f the oc�upan�y and use will not substantially change without <br /> Beneficiary's prior wr�tten consent.Trustor w�il not pe�mit any change in any�icense,restr�ct��e co�enant ar <br /> �asement with�ut BenefiCiary's privr written tonsent.Trustor will notify Benefi�iary❑f all demands, <br /> proceedings,claims,and a�tions against Trustor,and v�any�oss or damage to the Praperty. <br /> Beneficiary ar Benefi�iary's agents may,at�enefiCiary's option,enter the Property at any reasonable time for <br /> the purpose of inspecting the Property.B�nefi�iary shall give Trustor noti�e at the time af❑r before an <br /> inspe�t�on speeifying a reasonable purpose for the inspection.Any�n5pectiQn of the Property shall be entirely <br /> for Ben���ciary's benefit and Trustar vviil in no way rely on Benef�ciary s inspection. <br /> ��. AUTH�RITY T�PERF�RM.!f Trustor fails to per�orrn any duty or any of the co�enants�antained in <br /> this 5ecurity Instrurnent,Beneficiary may,withou�notice,perforrn ar�ause them t❑be perforrned.Trustor <br /> appoint�Beneficiary as attorney in fact to s4gn Trustor`�nam�or pay any amflunt neces5ary for perfarrnan�e. <br /> Beneficiary's right to perfarrn forTrustor sha�l not create an abiigation to perfarm,and Benefi�iary's failure <br /> tv perform will nat preclude Benef�ciary from exercising any af Benefi�iary's other rights unde�the iaw or <br /> this Security lnstrurnent.If any con�truction on the Property is dis�antinued or nat carried on in a reasonable <br /> manner,Beneficiary may take all step�ne�essary to pro�ect Benefi�iary's security interest in the Property, <br /> including t�mpletion❑fthe <br /> canstruction. <br /> (pQ9�3 of�) <br /> 1994 Walters Kluwer Financial 5ervi�es-Bankers 5ysterns � Form U5B-ftE�T-NE�111612D"i� <br />