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2� 1 �� 1592
<br /> 19, I�'STJ ��. �Crustor shali keep Prop�rty insured abain�t lass by fire, flood, theft and ath�r hazard� and
<br /> risks reasona�ly asso�iated wi�h the Property due ta i�s type and locati�n. This �nsuranc� shall be maintained
<br /> in the a.mounts and far the perx�ds that ��nef�ciary requ�res, 'Wh.a� Benef�ciary requ�res pursuan� �o �he
<br /> precedzng tvva sen�ences can �hange durzn.g th� term af�he Secured �7ebt. '�he �nsurance carrzer providxng
<br /> the insurance sha11 be Ghosen�y Trustar su�jec��o ]B�neficiary's appraval, which shali no��e unreasona�Iy
<br /> vvithheld. �f Trustar fails tn maintain the coverage described above, Benefi�rary nzay, a� �eneficiary's aptian,
<br /> obta�n �overage �o protect Benefic�ary's rights in t�i� Property accarding ta th� terms af this Security
<br /> �nstrument.
<br /> A11 insurance polici�s and renewals shall be a�ceptable ta �enef�ciary and shall include a standard "mortgage
<br /> clause" and, vt�here applicab�e, "lass payee c�ause." Trustor �hal� �m�nedia�ely notrfy �eneficrary of
<br /> cancellatian ar �ermrnat��n of the �nsurance. �eneficiary shall have the right �a hold the policies and
<br /> renewals. Zf Beneficiary require�, Trustor sha11 imm�diately give to �enef�czary aI� re�eip�s of pa�d premiums
<br /> ar�d renewal natices. [lpon �oss, Trustar shall give immediat�na�ic� ta the insurance �arr�er and �en�ficrary.
<br /> Beneficiary may mak�pr�of of loss if no�made immed�ately by'Trus�or.
<br /> C]nless o�herwise agreed in wr�t��.g, aIl insura.nce proceeds shall be appl��d to the restorat�on or repa�r of the
<br /> Property �r to �he S��ured �]e��, whet�er or not then due, at �enef�ciary's option. Any appl�cat�on of
<br /> proceeds to principal shal.� not extend or postpone the due da�e af the schedu�ed payment nor change the
<br /> amount of any payrnent. Any exce�s wil� be pard ta the �xrantor. �f the Property is acqu�red by ��n�fic�ary,
<br /> Trustor's r�ght �o any in�urance p�I�cies and praceeds resu��ing from damage to the Property before the
<br /> acquisition shall pass to �eneficiary�� �he extent�f the Secured I�ebt�m.znedxate�y hefore the acqu�s�t�an.
<br /> Z�. �5�1���V F�Ii. 'TA.�� �'� II�STJ ��. Unless o�hervv�se pro��ded in a separate agreenzent, Trustor
<br /> w��� not be r�quired to pay to�enef�ciary funds for taxes and insurance�n escrflw.
<br /> 21. �'I�I.�TCI� I�P��TS .�I)I�I'I'I�I�I� I)�� �'T'S. Trust�r wii� pravide t� Benefic�ary upon
<br /> request, any financial s�a�ement or znf�rmation�enef�c�ary may deem reasana��y necessary. T`ru�tar agrees to
<br /> szgn, deli��r, and f�le any add�tiona.� d�cum.ents or certifications that �Beneficiary may coz�s�der necessary to
<br /> perfec�, continue, and preser�e �rantar's oblrgations under �hi� 5e�ur�ty Znstrument and �e�ef�c�ary's l�en
<br /> status an the�raperty.
<br /> 2�. J�II�'T'- II�I'�II3I�.A.I.r I1I�II�I�Y; ��-�I�I�I��S; SI���E���l�.� �I� A�SI�I�S �� , All
<br /> dut��s under Chis 5ecur�ty Ins�rument are j oint and xndiv�dual.. �f Trustor s�gns �his 5ecuri�y �nstrument but
<br /> does not sign an e�zdence af debt, Trus�ar daes sa only to m�r�gag� Trus��r's �nterest �n the Property to
<br /> secure paymen��f��.e Secured I]ebt and T'rus��r does not agree to be persanally Iiab��on the Secured I�ebt. If
<br /> this Security �nstrument secures a guaranty between I�eneficiary and Trustar, 'Trustor agrees to wax�e any
<br /> rights �ha� r�ay pr�vent B�neficiary fra�n. bringing any act��n flr claim aga�nst 'Trus�or ar any party �ndebted
<br /> under the ob��gatian. These rib��s may �nciud�, �ut are not 1�rx��ted t�, any ant�--d�ficiency ar one�ac��on laws.
<br /> .Trus�or agrees that�B�nef�ciary and any part�y �o this Secur��y �nstrumen� may ex�end, modify or make any
<br /> c�i�nge �n �ie �errns of th�s Secur�ty ��st�ument ar any ev�dence �f de�t tivithout 'Tru�tar's consent. Su�h a
<br /> �hange wil� not re�ease Trustor from the ternzs nf �his �ecurity �nstrument. The duties and benef��� Qf ��115
<br /> S�cur��y Ins�rument �hal1 b�nd and benefit the succ�ssors and ass�gns-of'Trustor and Bene�c�ary.
<br /> �3. .�PI.�I��I�� I�A�Y; �EVE II�I�`Y; II�'I'E 7r`A.'TI�1V�. 'This Securxty �ns�rument i� governed by
<br /> �he Iaws �f the jur�sdic�xon in which �enefrc�ary zs Iocated, except ta the extent atherwise required by �h�
<br /> lav�s of the jurisdicti�n where the Property �s l�cated. T�iis Security Ins�rum�r�t �s �omple�e and fully
<br /> �nt�grated. Thx� Secur�ty �nstrurnen� nnay not �e aznended �r mod�f��d by oral agreement. Any sectian in this
<br /> Security Instrument, a�tachments, �r any agreement related ta �he Secur�d IJebt t�at confl�Cts wzth appXzca�le
<br /> law wil� not b� effect�ve, un�ess that law e�pressly ar �xz�.pl��dly permits the variat�ons by wr�tten a�reerxzez�t.
<br /> If any sect�on of �his Security �nstrument �anno��b�- �nforced-accarding ��o i�s terms, that sec���r� w�11 �e
<br /> severed and w��� not affect the enfarceabili�y`'of��ie'rerna�nd�r``��''��iis Secur�t� Instrument. �hene�er used,
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<br /> the s�ngu�ar shall inc�ude the p�ural and the plur2� ��i�,;sr�.gu�.�.r.: Th� captions and headxn�s of the sections of
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<br /> t rs ecur��y Instrument are fflr conven�ence on�y��d are ren��C'to�e`�use��o i��erpret ar define the terms of this
<br /> Secur�ty Yns�rum�nt. Time�s of��e essence in this SeCurxty �nstrunzent.
<br /> �4. SIJ���SS�1� TI�iJS'I'EE. ��I1��1C1�, a� �enef�c�ar�'s op�tian, may fr�xn ��me to time remnve �'ruste� and
<br /> app�int a succes�ar�rus�ee w�thout any other formal�ty than�he designatzon in writing. The succ�ssar truste�,
<br /> w�thout con�eyan�e of th� Froperty, shall succeed ta all th�title, povver and-duties conferred upan 'Trustee by
<br /> this Secur�ty Ins�rument a�.d applicab�e�aw.
<br /> �5. I��TI�E. �nless otherwise required �y Iaw, any not�ce shall be given by de���ering �t or by mail�ng it by
<br /> f�rst c�ass rna�I �o �he appropriate party's address on page I af �his Security �nstruxnent, or to any a�her
<br /> addr�ss des�gna�ed in writing. Not�ce tfl one trustor w�ll be d�emed to be na�i�e �o a�l trust�rs. Trustor and
<br /> �eneficiary hereby request a copy of any no�ice of default, and a �opy �f any no�ice of sal� �]hereunder, be
<br /> ma��ed to each par�y at�he address f�r such par�y se� farth�n page � of th�s Security Ins�ru�nent.
<br /> �6. �V'AI�ERS. Except t� �he �xtent prohib��ed by law, 'Trust�r waives a�l appra�s�m�nt and han�estead
<br /> exemptian r�ghts relating�o the]ProperCy.
<br /> Security Instrum�nt-Consumer-N� R�-C]T-NE 21�I2n13
<br /> VMPa Bank�rs Systems� VMP-C1��(NE) {�3Q2].Q�
<br /> Wolters f�luwer Financial 5er�ices C�71 9�4,2D1 1 Page 5 Qf 6
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