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202001117 substances defined as "hazardous material," "toxic substances," "hazardous waste" or "hazardous substance" under any Environmental Law. Trustor represents, warrants and agrees that: (A)Except as previously disclosed and acknowledged in writing to Beneficiary, no Hazardous Substance is or will be located, stored or released on or in the Property. This restriction does not apply to small quantities of Hazardous Substances that are generally recognized to be appropriate for the normal use and maintenance of the Property. (B) Except as previously disclosed and acknowledged in writing to Beneficiary, Trustor and every tenant have been, are, and shall remain in full compliance with any applicable Environmental Law. (C) Trustor shall immediately notify Beneficiary if a release or threatened release of a Hazardous Substance occurs on, under or about the Property or there is a violation of any Environmental Law concerning the Property. In such an event, Trustor shall take all necessary remedial action in accordance with any Environmental Law. (D)Trustor shall immediately notify Beneficiary in writing as soon as Trustor has reason to believe there is any pending or threatened investigation, claim, or proceeding relating to the release or threatened release of any Hazardous Substance or the violation of any Environmental Law. 12. Escrow for Taxes and Insurance. Trustor will pay to Beneficiary amounts for (a) yearly taxes and assessments on the Property which under the law may be superior to this Security Instrument, (b) yearly leasehold payments or ground rents (if any), (c) yearly premiums for hazard or property insurance, (d) yearly premiums for flood insurance (if any), and (e) yearly premiums for mortgage insurance (if any). Trustor will pay those amounts to Beneficiary unless Beneficiary tells Trustor, in writing, that Trustor does not have to do so, or unless the law requires otherwise. Trustor will make those payments at the times required by Beneficiary. Beneficiary will estimate from time to time Trustor's yearly taxes, assessments, leasehold payments or ground rents and insurance premiums, which will be called the "Escrow Items ". Beneficiary will use existing assessments and bills and reasonable estimates of future assessments and bills. The amounts that Trustor pays to Beneficiary for Escrow Items under this section will be called the "Funds". Beneficiary will collect and hold Funds in an amount not to exceed the maximum amount a Beneficiary for a federally related mortgage loan may require for Trustor's escrow account under the federal Real Estate Settlement Procedures Act of 1974 (as amended), unless another law that applies to the Funds sets a lesser amount. If so, Beneficiary will collect and hold Funds in the lesser amount. Beneficiary will keep the Funds in a savings or banking institution which has its deposits or accounts insured or guaranteed by a federal or state agency. If Beneficiary is such an institution, Beneficiary may hold the Funds. Beneficiary will use the Funds to pay the Escrow Items. Beneficiary will give Trustor, without charge, an annual accounting of the Funds. That accounting must show all additions to and deductions from the Funds and the reason for each deduction. Beneficiary may not charge Trustor for holding or keeping the Funds, for using the Funds to pay Escrow Items, for analyzing Trustor's payments of Funds, or for receiving, verifying and totaling assessments and bills. However, Beneficiary may charge Trustor for these services if Beneficiary pays Trustor interest on the Funds and if the law permits Beneficiary to make such a charge. Beneficiary may require Trustor to pay a one-time charge for an independent real estate tax reporting service used by Beneficiary in accordance with the Secured Debts, unless applicable law provides otherwise. Beneficiary will not be required to pay Trustor any interest or earnings on the Funds unless either (i) Beneficiary and Trustor agree in writing, at the time Trustor signed this Security Instrument, that Beneficiary will pay interest on the Funds; or (ii) the law requires Beneficiary to pay interest on the Funds. If the Funds held by Beneficiary exceed the amounts permitted to be held by applicable law, Beneficiary will account to borrower for the excess Funds in accordance with the requirements of applicable law. If the amount of the funds held by Beneficiary at any time is not sufficient to pay the Escrow Items when due, Beneficiary may notify borrower in writing, and, in such case, borrower will pay to Beneficiary the amount necessary to make up the shortage or deficiency. Borrower shall make up the shortage or deficiency as Beneficiary directs, subject to the requirements of applicable law. If, by reason of any default under this Security Instrument, Beneficiary declares all Secured Debts due and payable, Beneficiary may then apply any Funds against the Secured Debts. Deed Of Trust Open End -NE Bankers Systems," VMPO Wolters Kluwer Financial Services ® 2014 10/2017 2020012917.1.0.4574-J2017 018Y Page 6 of 8 11 il V 11 11 11