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� t <br /> 201603117 <br /> this Security Instrument shall constitute a commitment to make additional or future loans or <br /> advances in any amount.Any such commitment must be agreed to in a separate writing. <br /> (C)All obligations Trustor owes to Beneficiary,which may later arise,to the extent not prohibited. <br /> by law, including,but not limited to,liabilities for overdrafts relating to any deposit account <br /> agreement between Trustor and Beneficiary. <br /> (D)All additional sums advanced and expenses incurred by Beneficiary for insuring,preserving <br /> or otherwise protecting the Property and its value and any other sums advanced and expenses <br /> incurred by Beneficiary under the terms of this Security Instrument. <br /> This Security Instrument will not secure any other debt if Beneficiary fails to give any required notice <br /> of the right of rescission. <br /> This Security Instrument will not secure any other debt if Lender fails,with respect to that other debt, <br /> to fulfill any necessary requirements or to conform to any limitations of Regulation Z and X that are <br /> required for loans secured by the Property. <br /> 4. Payments. Trustor agrees that all payments under the Secured Debt will be paid when due and in <br /> accordance with the terms of the Secured Debt and this Security Instrument. <br /> 5. Warranty of Title. Trustor warrants that Trustor is or will be lawfully seized of the estate <br /> conveyed by this Security Instrument and has the right to irrevocably grant,convey and sell <br /> the Property to Trustee,in trust,with power of sale.Trustor also warrants that the Property is <br /> unencumbered,except for encumbrances of record. <br /> 6. Prior Security Interests. With regard to any other mortgage,deed of trust,security agreement <br /> or other lien document that created a prior security interest or encumbrance on the Property,Trustor <br /> agrees: <br /> (A)To make all payments when due and to perform or comply with all covenants. <br /> (B)To promptly deliver to Beneficiary any notices that Trustor receives from the holder. <br /> (C)Not to allow any modification or extension of,nor to request any future advances under any <br /> note or agreement secured by the lien document without Beneficiary's prior written consent. <br /> 7. Claims Against Title. Trustor will pay all taxes,assessments, liens,encumbrances, lease <br /> payments,ground rents,utilities, and other charges relating to the Property when due.Beneficiary <br /> may require Trustor to provide to Beneficiary copies of all notices that such amounts are due and the <br /> receipts evidencing Trustor's payment. Trustor will defend title to the Property against any claims that <br /> would impair the lien of this Security Instrument. Trustor agrees to assign to Beneficiary,as requested <br /> by Beneficiary,any rights,claims or defenses Trustor may have against parties who supply labor or <br /> materials to maintain or improve the Property. <br /> 8. Due on Sale or Encumbrance.Beneficiary may,at its option,declare the entire balance of the <br /> Secured Debt to be immediately due and payable upon the creation of,transfer or sale of all or any part <br /> of the Property.This right is subject to the restrictions imposed by federal law,as applicable. <br /> 9.Warranties and Representations. Trustor has the right and authority to enter into this Security <br /> Instrument. The execution and delivery of this Security Instrument will not violate any agreement <br /> governing Trustor or to which Trustor is a party. <br /> 10. Property Condition, Alterations and Inspection. Trustor will keep the Property in good <br /> condition and make all repairs that are reasonably necessary. Trustor shall not commit or allow any <br /> Deed Of Trust Closed End-NE <br /> Bankers Systems""VMPe 03/2016 <br /> Wolters Kluwer Financial Services CO 2014 2016050916.1.0.3454-N20160316N Page 3 of 10 <br />