Laserfiche WebLink
When Trustor has paid all of the sums secured, Beneficiary will promptly refund to Trustor any Funds <br />that are then being held by Beneficiary. <br />21. Financial Reports and Additional Documents. Trustor will provide to Beneficiary <br />upon request, any financial statement or information Beneficiary may deem reasonably necessary. <br />Trustor agrees to sign, deliver, and file any additional documents or certifications that Beneficiary <br />may consider necessary to perfect, continue, and preserve Trustor's obligations under this Security <br />Instrument and Beneficiary's lien status on the Property. <br />22. Joint and Individual Liability; Co Signers; Successors and Assigns Bound. All <br />duties under this Security Instrument are joint and individual. If Trustor signs this Security Instrument <br />but does not sign an evidence of debt, Trustor does so only to mortgage Trustor's interest in the <br />Property to secure payment of the Secured Debt and Trustor does not agree to be personally liable <br />on the Secured Debt. If this Security Instrument secures a guaranty between Beneficiary and Trustor, <br />Trustor agrees to waive any rights that may prevent Beneficiary from bringing any action or claim <br />against Trustor or any party indebted under the obligation. These rights may include, but are not <br />limited to, any anti - deficiency or one - action laws. Trustor agrees that Beneficiary and any party to this <br />Security Instrument may extend, modify or make any change in the terms of this Security Instrument <br />or any evidence of debt without Trustor's consent. Such a change will not release Trustor from the <br />terms of this Security Instrument. The duties and benefits of this Security Instrument shall bind and <br />benefit the successors and assigns of Trustor and Beneficiary. <br />23. Applicable Law; Severability; Interpretation. This Security Instrument shall be governed <br />by Federal law and the law of the jurisdiction in which the Property is located. This Security <br />Instrument is complete and fully integrated. This Security Instrument may not be amended or <br />modified by oral agreement. Any section in this Security Instrument, attachments, or any agreement <br />related to the Secured Debt that conflicts with applicable law will not be effective, unless that law <br />expressly or impliedly permits the variations by written agreement. If any section of this Security <br />Instrument cannot be enforced according to its terms, that section will be severed and will not affect <br />the enforceability of the remainder of this Security Instrument. Whenever used, the singular shall <br />include the plural and the plural the singular. The captions and headings of the sections of this Security <br />Instrument are for convenience only and are not to be used to interpret or define the terms of this <br />Security Instrument. Time is of the essence in this Security Instrument. <br />24. Successor Trustee. Beneficiary, at Beneficiary's option, may from time to time remove Trustee <br />and appoint a successor trustee without any other formality than the designation in writing. The <br />successor trustee, without conveyance of the Property, shall succeed to all the title, power and duties <br />conferred upon Trustee by this Security Instrument and applicable law. <br />25. Notice. Unless otherwise required by law, any notice shall be given by delivering it or by mailing <br />it by first class mail to the appropriate party's address in this Security Instrument, or to any other <br />address designated in writing. Notice to one trustor will be deemed to be notice to all trustors. Trustor <br />and Beneficiary hereby request a copy of any notice of default, and a copy of any notice of sale <br />thereunder, be mailed to each party at the address for such party set forth in this Security Instrument. <br />26. Waivers. Except to the extent prohibited by law, Trustor waives all appraisement and homestead <br />exemption rights relating to the Property. <br />27. Other Terms. If checked, the following are applicable to this Security Instrument: <br />❑ Construction Loan. This Security Instrument secures an obligation incurred for the <br />construction of an improvement on the Property. <br />❑ Fixture Filing. Trustor grants to Beneficiary a security interest in all goods that Trustor owns <br />now or in the future and that are or will become fixtures related to the Property. This Security <br />Instrument suffices as a financing statement and any carbon, photographic or other reproduction <br />may be filed of record for purposes of Article 9 of the Uniform Commercial Code. <br />❑ Riders. The covenants and agreements of each of the riders checked below are incorporated <br />into and supplement and amend the terms of this Security Instrument. [Check all applicable boxes] <br />❑ Condominium Rider ❑ Planned Unit Development Rider ❑ Other: <br />❑ Additional Terms. <br />VO1.1.1.15352 <br />Deed Of Trust Closed End -NE <br />Bankers Systems" VMP® 02/2018 <br />Wolters Kluwer Financial Services ® 2014 18.2.0.1557-J20180509N Page 6 of 7 <br />201804755 <br />