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��1 5�7�47 In the e�ent that Benefi�iary faiEs�a provide any requir�d notice af the right af rescissi�n,Beneficiary waives any�ubsequent securEty interest in the Trustor's principaf dwelling that is�reated by this 5eeurity Instrurnent. 5. PAYMENTS.Trustor agr�es that all payments under the Secured Debt will be paid when due and in accordance with the terms�f the Secured Debt and thi�Security Instrument. 6. 1NARRANTY aF TITLE.Trustor warrants that Trustar is or wil!be lawfully seized af the estate ean�eyed by this Se�u�ity Instrument and has the right to irrer�ocably grant,�on�ey,and sell the Prvperty t�Trustee,in trust,with pawer of sale.Trustor als�warrant5 that the Property is uneneumbered,except for en�umbran�es af recard. 7. PRI�R SECURfTY INTERESTS.1Nith regard ta any other mQrtgage,deed of trust,se�urity agreement or ather lien dacument that created a prior$ecurity interest�r encumbrance an the Praperty,Trustor agrees: A. Tv make af�payments when due and to perform or�vmply with all�o�enants. E, To pramptly de�iver to Beneficiary any nati�es that Trustor re�ei�es from the holder. �, Not#o a�law any modi�ication o�extensian af,nor to request any future ad�ances under any notQ or agreement secured�y the lien d��urnent without Beneficiary's prior written consent. S. CLA�NIS AGAINST TITLE.Trustor will pay al�taxes,assessments,liens,encumbrances,lease payments, ground rents,utilities,and�ther charges relating ta the Praperty when due.BenefiCiary may r�quire Trustor t❑pr��ide to Beneficiary copies af all nati�es that such amount$are due and�he re�eipts eviden�ing Trustvr's payment.T�ustvr wifl defend ti�le tv the Prvperty against any claim�that would impair the lien ofthis Security In�trurnent.Trustor agrees to assign t❑Bene�ciary,as r�que�ted�y Benefitiary,any rights,claims or defenses Trusror may ha�e against parties who supply labor or rnaterial�to maintain or impro�e the Praperty. 9. DUE�N SALE�R ENCU111lBRANCE.Beneficiary may,at its option,d�clare the entire balance of the Secured Debt tv be immediately due and payable upon the�reation of,or contract for the creativn of,any lien,encumbran�e,transfer or sa�e vf afl vr any part af the Property.This right i��ubject ta the restrictions irnposed by federal law(��C.F.R.591},as app�i�able.Thi�co�enant shall run with the Praperty and sha�l rernain in effe�t unti!the SQcured Debt is paid in full and thi�Se�urity Instrument is released. 10. PR�PERTY CaNDIT[�N,ALTERATI�N5 ANa INSPECTt�fV.Trustor wi11 keep the Property in good candition and make all repairs that are reasanably nece5�ary.Trustor sha�!nat comi-nit ar allow any waste, Ernpairment,or deterioratian af the Property.Trustor wEfl keep the Property�r�e of naxivus weeds and grasses.Trustor agrees that the nature of the v��upan�y and use will nvt substantially�hange without Benefi�iary's pri�r written cansent.Trustor will nflt permit any change in any li�ense,restriCti�e covenant or ea�ement withaut Beneficiary's prEar w�itten cansent.Tru�tar wi�{notify 6ene�iciary of a��demands, pro�eedings,�laims,and aCtivns against Trustor,and af any loss or darnage to the Prop�r�ty. BenefE�iary or Beneficiary's agents rnay,at Beneficiary's option,enter the Property at any reasanable tim�for the purpvse of inspecting the Property.Beneficiary shall gi�e Trustor nvtice at the time af or befvr�an inspectian spe�ifying a reasonable purpase for the inspe�tion.Any inspectian of the Property shail be entirely for Beneficiary's benefit and Tru�tor will in no way rely vn Beneficiary's inspertion. 11. AUTHORITY T�PERF�RM.�f Trustor failS ta perfarm any duty or any af the�o�enants Cantained in this Seturity�nstrument,6eneficiary may,withaut notice,perform or cause�hern ta be perfarmed.Trust�r appoints Beneficiary as att�rney in fact to sign Trustor's name or pay any amount necessary�or perfvrmance. Bene�iciary's right tv pertorrn for Trustor sha�l n�t�reate an ob�igatifln to perform.and Benefi�iary's failure ta perform will not preclude genefieiary from exercising any of Beneficiary's other r�ght�under the law or this Seturity Instrument.If any c�nstru�tion vn the Prvperty is discontinued ar not carried on in a reasonable manner,genef�iary may take al��teps neces5ary to prote�t Benefi�iary's�ecurity interest in the Property, in�luding�ampletian afthe canstruction. �perge 3 of 7} _1994 Wolters Kluwer�inanrial 5ervi�es-Bankers 5ystems * Form US6-REDT-N E 1111 fi1�01� � �