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2� 17� 1722 S. DEFAULT. Trustar Wi11 be in�efault if any of the fallowing occur: Fraud. Any Consumer Barrovver engages in fraud or ma��rial misrepresen�a�ion in cannectr�n wi�h �he Secured Deb�tha�is an apen end hame equ�ty plan. Payments. Any �onsumer Barrower on any Secured I]ebt tha� rs an open end home equity plan fails �o make a payment when due, I'rop�rty. Any actian or inactian by the BarroW�r ar Trustor occurs tha� ad�ersely affects the Prope�y or B�neficiary's righ�s in the Propez�y. This in�lud�s, but is nat �imited ta, the fallawing: �a} Trustar fai�s to mainta�n required insurance on the Proper�y; ��} Trus�ar transfers the Proper�y; �c� Trustor �ommits wast� or otherwise destruc�iv�ly uses or fa�ls to ma�ntain the Property such that the action or�nactzon adversely affe�ts Ben�fic�ary�s security; (d} Trustor fa�ls t� pay taxes on �he Property ar o�herwise fails to act and thereby causes a Xien �o be frled against th� Praperty tha� zs senior tn the Ii�n af this Security �ns�rument; �e} a sole Trustor dies; �f� if more than one Trustor, any Trustor dxes and Beneficiary's security is adwerse�y affected; �g�the Property is taken through eminent domain; �h} a judgment is fil�d against Trustor and sub�ects Trustor and th� Praperty to act�on that adversely affects Benefic�ary�s int�r�st; or ti� a prior lienholder foreclases on the Property and as a result, B�neficiary's int�r�st is ad�ersely affected. Ex�cut��e �fficers. Any B�rrawer is an ex��utiwe officer of Benefzcia.ry or an affiliate and such BarraWer �b�comes ind��ted t� Beneficiary ar another lend�r in an aggregate amount greater than the amount permitted under federal laws and regula�ions. 9. ItEMEDIES �N D�FAULT. �n addition to any other remedy availa�le under the terms of �his Security Instrumen�, Benef�cxa.ry may accelerate the Secured D�bt and foreclose this Security Yn�trument in a manner provided �y law rf Trus�or is in default. Zn some instanc�s, federal and sta�e �aw wiXl require B�neficiary to provide Trustor wYth notice of the r�ght to cure, or other notic�s and may es�ab�ish tinze schedules for foreclosure act�ans. Each Trustor reques�s a copy of any notice af default and any notice of sale thereunder�e mailed to each Trus�ar at the address pravided in Sec�ion 1 aba�re. At the option of Beneficzary, all or any part af th� agreed fees and charges, accrued inter�st and prrncipaX sha11 become immediately due and payable, after gi�ing notice if required by law, upan the occurrenc� of a default or anytim�thereafter. Zf there is a d�faul�, Trustee shali, at the request ❑f Beneficiary, advertise and sell the Properfiy as a wh�le ar in separate parcels at public auction ta the h�ghe�t bidder for cash and �onvey a�solute ti�le fre� and clear af alX right, t��e and in�erest of Trustnr at such time and place as Trustee designates. Trustee shall giv�notice af sale in�iuding the time, terms and pla�e of sa.i.e and a description of the prop�rty �o be sold as required�y the appl�cable 1aw in eff�ct at the tim�of the propased sa.le. Upon sal.e af the Prop�r�y and ta the e�tent nat prohi�ited by 1aw, Trustee shall make and de�i�er a deed to the Property sold which conveys absolute trtle to the purchaser, and after first paying all fe�s, charges and costs, sha11 pay to Benefxciary a�X moneys ad�anced far repairs, taxes, insurance, liens, assessments and prior encumbran�es and interest thereon, and the pr�ncrpal and interes� on�he Secur�d De�t, pay�ng the surplus, if any, to Trustor. Benef�c�ary may purchase the Praper�y. The recit�.Is in any deed of canveyan�e shall be prima fac�e evidence of the facts set farth there�n. The accep�an�e by �enefic�ary of any sum in payment or partial payment on th� Secured Debt after �he ba�ance is due or is accel�rat�d or after f�rec�osure proceedings are fx�ed sha�l not constitute a wai�er of Benefi�zary's right to re�uire complete �ur� af any e�isting defaul�. By not e�ercYsxng any remedy an Trus�or's default, Beneficzary does nat waive ��neficiary's right t� later cons�der the e�ent a default if it happens again. 1U, E�PENSES; ADVAN�ES �N C�VENANTS; ATT�RNEYS' FEES; ��LLE�TI�N C�STS. �f Trustor br�ach�s any co�enan� in this Security Instrum�nt, Trustor agrees to pay alI expenses Seneficiary incurs in perform�ng such cavenants or prntecting its security inter�st in the Praperry. Such expenses �nclude, bu� are not lrmited to, fees in�urr�d far inspecting, preserving, or oth�rwi�e protecting the Praperty and Ben�fi�ia.ry's security interest. These exp�nses are payable on demand and wi11 bear interest from the date of paymen�until paid in fu�� a�the hxghes�rate af in�er�st �n effect as pra��ded zn�he terms of the Secure� Debt. Trustor agrees ta pay all costs and expenses incurr�d by Benefic�ary �n collectrng, enfor�ing ar prot�cting Beneficiary's righ�s and remed�es under this Security �ns�rument. This amount may includ�, but is not lrmi�ed � to, Trustee's fees, court casts, and o�her legal expenses. To the ex�ent �ermitted by the Uni�ed Sta�es Bankruptcy Code, Trustor agrees to pay the reasonable at�orneys' fe�s Beneficiary incurs ta �alXect the Secured Debt as awardec� by any caurt ex�rcising �urisdictian under the Bankruptcy Code. This Securrty rns�rument shall remain in eff��t un�i� r�Ieased. Trustar agrees ta pay for any recordatian casts of such re��ase. 5ecurity Instrument-apen-End-Cpr�sumer-NE DCi'-R��T-NE 7I212Q11 VMPO 6ankers Syst�msT"' VMP-C465(NE) (�1 a7}.QQ Wolters Kluwer Financial Ser�i�es D1994,20'f'� Page 4 of 6