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<br />You. " Loans under the Note may be made, repaid and remade from time to time in accordance with the terms of the Note and
<br />subject to the Credit Limit set forth in the Note. This Deed of Trust shall secure the Note and any and all future advances made
<br />to us by you. At no time during the term of this Deed of Trust or any extension thereof shall the unpaid and outstanding
<br />secured principal future advances, not including sums advanced by Beneficiary to protect the security of this Deed of Trust,
<br />exceed the following amount: $ 5 , 0 0 0 . 0 0 . This provision shall not constitute an obligation upon or commitment of
<br />Beneficiary to make additional advances or loans to us.
<br />OWNERSHIP: We are the sole owner(s) of the Premises. We have the legal right to mortgage, grant and convey the Premises
<br />to the Trustee.
<br />BORROWER'S IMPORTANT OBLIGATIONS:
<br />(a) TAXES: We will pay all real estate taxes, assessments, water charges and sewer rents relating to the Premises when
<br />they become due. We will not claim any credit on, or make deduction from, the loan under the Note because we pay these taxes
<br />and charges. We will provide you with proof of payment upon request.
<br />(b) MAINTENANCE: We will maintain the building(s) on the Premises in good condition. We will not make major
<br />changes in the building(s) except for normal repairs. We will not tear down any of the building(s) on the Premises without first
<br />getting your consent. We will not use the Premises illegally. If this Deed of Trust is on a unit in a condominium or a planned
<br />unit development, we shall perform all of our obligations under the declaration or covenants creating or governing the
<br />condominium or planned unit development, the by -laws and regulations of the condominium or planned unit development and
<br />constituent documents.
<br />(c) INSURANCE: We will keep the building(s) on the Premises insured at all times against loss by fire, flood and any
<br />other hazards you may specify. We may choose the insurance company, but our choice is subject to your reasonable approval.
<br />The policies must be for at least the amounts and the time periods that you specify. We will deliver to you upon your request the
<br />policies or other proof of the insurance. The policies must name you as "mortgagee" and "loss- payee" so that you will receive
<br />payment on all insurance claims, to the extent of your interest under this Deed of Trust, before we do. The insurance policies
<br />must also provide that you be given not less than 10 days prior written notice of any cancellation or reduction in coverage, for
<br />any reason. Upon request, we shall deliver the policies, certificates or other evidence of insurance to you. In the event of loss or
<br />damage to the Premises, we will immediately notify you in writing and file a proof of loss with the insurer. You may file a
<br />proof of loss on our behalf if we fail or refuse to do so. You may also sign our name to any check, draft or other order for the
<br />payment of insurance proceeds in the event of loss or damage to the Premises. If you receive payment of a claim, you will have
<br />the right to choose to use the money either to repair the Premises or to reduce the amount owing on the Note.
<br />(d) CONDEMNATION: We assign to you the proceeds of any award or claim for damages, direct or consequential, in
<br />connection with any condemnation or other taking of the Premises, or part thereof, or for conveyance in lieu of condemnation,
<br />all of which shall be paid to you, subject to the terms of any Prior Deed of Trust.
<br />(e) SECURITY INTEREST: We will join with you in signing and filing documents and, at our expense, in doing whatever
<br />you believe is necessary to perfect and continue the perfection of your lien and security interest in the Premises. Trustee shall
<br />not be liable for any error of judgment or act done by Trustee, or be otherwise responsible or accountable under any
<br />circumstances whatsoever. This Deed of Trust will be effective as a financing statement filed as a fixture filing with respect to
<br />all fixtures included within the Premises and is to be filed for record in the real estate records of each county where any part of
<br />the Premises (including said fixtures) is situated. This Deed of Trust shall also be effective as a financing statement covering
<br />any other Premises and may be filed in any other appropriate filing or recording office. A carbon, photographic or other
<br />reproduction of this Deed of Trust or of any financing statement relating to this Deed of Trust shall be sufficient as a financing
<br />statement for any of the purposes referred to in this paragraph.
<br />(f) OUR AUTHORITY TO YOU: If we fail to perform our obligations under this Deed of Trust, you may, if you choose,
<br />perform our obligations and pay such costs and expenses. You will add the amounts you advance to the sums owing on the
<br />Note, on which you will charge interest at the interest rate set forth in the Note. If, for example, we fail to honor our promises
<br />to maintain insurance in effect, or to pay filing fees, taxes or the costs necessary to keep the Premises in good condition and
<br />repair or to perform any of our other agreements with you, you may, if you choose, advance any sums to satisfy any of our
<br />agreements with you and charge us interest on such advances at the interest rate set forth in the Note. This Deed of Trust
<br />secures all such advances. Your payments on our behalf will not cure our failure to perform our promises in this Deed of Trust.
<br />Any replacement insurance that you obtain to cover loss or damages to the Premises may be limited to the amount owing on the
<br />Note plus the amount of any Prior Deeds of Trust.
<br />(g) PRIOR DEED OF TRUST: If the provisions of this paragraph are completed, this Deed of Trust is subject and
<br />subordinate to a prior deed of trust dated and given by us for the benefit of
<br />as beneficiary, in the original amount of $ (the "Prior Deed of Trust "). We shall not increase, amend or
<br />modify the Prior Deed of Trust without your prior written consent and shall upon receipt of any written notice from the holder
<br />of the Prior Deed of Trust promptly deliver a copy of such notice to you. We shall pay and perform all of our obligations under
<br />the Prior Deed of Trust as and when required under the Prior Deed of Trust.
<br />(h) HAZARDOUS SUBSTANCES: We shall not cause or permit the presence, use, disposal, storage, or release of any
<br />Hazardous Substances on or in the Premises. We shall not do, nor allow anyone else to do, anything affecting the Premises that
<br />is in violation of any Environmental Law. The preceding two sentences shall not apply to the presence, use, or storage on the
<br />Premises of small quantities of Hazardous Substances that are generally recognized to be appropriate to normal resi,�i WI uses
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