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<br /> �`.:`,. • ` B.All faUUe advances ftom BeneHciary to 7m5tor or other future obligauons of Tntstor to Beaeficiary unde�anY °-:�
<br /> �� `�� promissory note,coni�a�x.Bnaranry.or otiier evidence of debt executed by Tn�tor ia favor of Beneficiary eaecuted `
<br /> s 3 -..: � .� .�`- a8er this Security Instnime�whethet or not this Security h�s�ment is specifically rtferenoed. If more than one Y - -
<br /> ' � person signs this Saauity.Inst�ument. each Tiustor agcees that this Sewrity Iasuument will secure ail future G�_:
<br /> � . advanc�and fupyse obli�nons t l�i aie 8iven m or incucred b y an y one or moze Tn�wr.or aay one or more Tnutor
<br /> '��'` < - aud othera.AII futun advances and other finure obligations are secuied by�his Se�a�riry Insunment even though all ; < •"
<br /> $'��' `- --., - - -- er g�t may noi yet be advanced.All futu:e advanoes and other future obup�ations a:e secured as if made on the date ----
<br /> �`��- , o f t I u s S e c u r i t y I n s u a a u n t-No t h i n g in this Security lnstrumeat s d a ll co n s a t u t e a c o m m i a m e u t t o m a k e additioua3 or �
<br /> ,�.�_r , � _ _ futute loaus or advances in any amount.A n y such commitmeni must be agreed to in a separate writing• .�h ' '-
<br /> �_.r�='-.' C.A ll o t h e r o b lig�o a c C r:a a t o r o w e s t o I R II d e r,w h i c h m a y l a t e t arise.to rhe extew not pmhibited by law,inctudissg. 2: 4.r.. �:
<br /> b�not l i m tt e d t O.Iiab�ides for overd�afts relating w any d e posit aa:o u n t a g r�t b�+��r a n d L x��. , �
<br /> ��. �:,.� �_.'.Y _ _, ° • '
<br /> - D.A I i a d d'iflo n a l sums a d v a n c e d a n dexp i n c u r r N by B e a e fi c i a ry for iasurm g. r e s e n+i n g or otherwise proteain� � ;•�. ,:. _,;_;
<br /> - t— • -'�r-c'.. p
<br /> I�t �� v a r t c e d and expenses incurred by Benefic�ary under the temis o f t bu . : .:
<br /> '�� '� �e p�p�y a n d its value aad�y o snms ad
<br /> �..�� _ . ... _� ge�uiry t�ar..t�e••_*_ - -
<br /> - In the evem thaz L�der fai2s to pmvide necessai7►nntice of the right of nes�on rant� ���thye G�rantar's `'�
<br /> _ . � '• indebtedness seivred under p h B of�Section,I.ender waives anY subsegu s��! . .: .
<br /> �'v �q this Securt Instramact (bm daes not watve the secunty intere.cc for the debts . ,
<br /> .�: ... PrinciPal dwelling that is creatal ty --. _-_.._j.
<br /> teferenced in paragraph A of tbis Sedion). - �.c:
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<br /> � x -. 5. DEL� OF TRUS°I'COVENANTS.Tmswr tteat the covenants in this section are material obiigations under the : � .'R�,
<br /> Secured Debt and th'ss Secncity Iasutimen�If�or b�rashes any covea�t in this secaon. Beuefrciary may�refuse to ` .
<br />_°�;�. ,`_ . . t. on Trustor s breach, , �...
<br /> �.k.. ' - ,. "--- m2ke addiaonsl extensions Qf t�edit and reduce the c�dit limit. By►not exemising either remedy .__-,"�-'
<br /> - Benefrciary daes not waive Be�eficiary s ri¢u to later consider the eveat a breach if n huppens agam• _ . -.z:_,:
<br /> < . - � g�s�� �der the Secuted Debt w�l be paid when due and in accordance wi[h the ::'�;:_-
<br /> � �", , -. yments.Tmswra '."'�
<br /> �'' terms af the Secured Debt and this�ec�n�'ty Inst�ment• � "'
<br />-� >: � ' or other lien document tt�at _ �.
<br /> � � ��, � . � PrIor Securlt9 I nterests.V f�'I t h r e�a r d to a n y o t h e r m o r t g a g e,d e e d o f t r u s t,securi ty a g r�m e n t � ,
<br /> � :, Trustor a to make aIl payments whea due an d w
<br /> w crqted a prior secittity inu.�st ur ensumbr�c�°n t�Pr°�'�ow�yS���on or extension of, nor w request �-�
<br /> '�-' ' ' g e�r f o r m o r c o m p l y w rt h a ll c ovenaats.Tnutor also agees d o c u m e n t w i t h o u t B e a� • . ''� -=-"
<br /> by the li� c e a ry's p ri o r w n t t e n
<br /> .���, ° � .- ° - any futute advances under a�r aote ar agreemeut secured ��;-_• � �:.
<br /> s �f' �, r apPmval. ''x�i:
<br /> ��` . _ � `. 'IYtle. Tmswr will pay� u�.f��,�th i chazg�gireeldating w�e�Pm�pei y��' ass�ts.lieas, �
<br /> Claims A�ast when due.BeneSciary
<br /> -�m.,�
<br /> � ` uad
<br /> r�k� ', . eacombrances��i tpoaypm��nde t�BeneficiuY caPies of all notices tbat sush amomus are dne and t6e nceiFts evidencing E ` �`:i y.;
<br />- �• . ���y�eut Tnutor wUl defead title to the Property agaiast any clai�ms tteat wauld impair the liem of this Securiry
<br /> -;'�� rt claims or defeaces Trustor ,; ;`;�°"�
<br /> .,�! � iasm�ment.'Tn�swr agreea w assign to Beneficiarx ag re�tested by Bene�ciazY.u►Y 8�• '•_ ,:�. ..�..
<br /> .. � may have against pames wlio supply labor or matenals to maintain or improve the ProPezty ',. ,;��N
<br /> •'rz;:t • . . ' • ` �,� . �'�`���
<br /> ��.•;:._ : oa.Tnuwr w�ll keep the Pro erty,ia gaad coaditioa and make all repairs '
<br /> . � :t ptopesqy Condt4ton.Atteratloa9 and� P ;;-�:+:;:_..�.�....
<br /> F` �hat are reasoaably necessary.Trustor shal aot commit or allow any wasce,�mpairuieat,or detecioratlon of We PropertY• _
<br /> • � • Trustor a g r e e a tLat the natuse of the occupancY and nse will aot su�st�tiaUy change wiittont Beaeficia:y's dor writt� � _ , _�_.
<br />: t. ,t. , consent.Tn�stor will nr wil�l n ii ayBehae�ficiuY o�all de�mands�.praoieeedings,claima.an�ctt�ons��aS�t���and of .
<br /> x�. • written consent. Tnisto fY : ` '' �
<br /> � �' • any loss ot dawage to ttte Praperty. __
<br /> c:'' . `. .
<br />-:;��,u, Benefi�r or Beneficiary's a ents maY.at Benefic'�asy's oprioa.eatcr the Propercy at any reasonable time for the purpose
<br /> af inspecdng the �mP�Y- �efrciary shall give Trustor notice at the time of or before an inspeaion spec�fyiag a ' ` �;.
<br /> • � reaaoaable putpose for ihe u�p�dan• A�ry iasPe�ion of the Properry shaU be entirely for Beneficiary's beneFit and ° : '"
<br /> .�''r, . Tsnstor w U l�n no aay r e ty on s e n e fi c i a ry's i n s p e ar o n. .`���
<br /> :'��'.', .
<br /> ..:-.. . Authostty to PerYorm.If Tnutor fa�s to pecform any duty or any of the covenants comaiaed in this Seeoritl+Instmmeot. - - =
<br /> geneficia�y ma}r,without nodce,pedorm or cause them to be perfosmed. Tnutor appoints Beneficiary as attomey in faa
<br /> �'�``?.;.. . . . to sign Trustor s name or pay any amount nec�ssary for perfom�ance.Beneficiary's nght toperform for Trascor shail not ' .;
<br /> , . creace an obllgation co perForm.and Beneficiary's failare to perform a►ill not preclude Beneficiary from exercising aay of .
<br /> f . Benefic3uY's other rights undec ttte laa+or this Se�urity I�a�ent. .
<br /> '"�,`�` • ' . _ - meata.Tnutar a to comply.with the rovisions of any lease if . .
<br /> r. ' L e a s e h o l d s;C o n d o m i n i u�;P 1 a n n e d U a i t D e v e l o p $�
<br /> this Secudty Insavmene is on a leasehold.lf the Property includes a umt in a con dom:mum o r a p a n n e d a n i t d e v e l op m e n t.
<br /> •.�;';i`:�. � , Trustor wlTl perform all of Trustor's duties under the covenants.by-laws.or regulations of the condominium or p l a w ced • .
<br /> � uait develo ment.
<br /> . � .��� . , P
<br /> �.:�".:. - m or threateaed action, by private or public •
<br /> • Coademnation. Trustor will give Aeneficiary prompt notice of any pend' 8 .
<br /> `'�'+ enrities to purchase or take any or a11 of the Property throuP�condemnaz►on.eminent dornain,or any other meaan.Tn�stor _ : _
<br /> � • ' authorizes Beneficiary to interve�in Tnistor's name in any of the above described actioas or cla�ms.Trustor assigns to
<br /> .� .';! . Beneficiary the proceeds of any award or claim for damages wnnected with a condemnation or other taking of all or an}+
<br /> part of the Property. Such proceeds shall be considered payments and will be applied as provided in this Securiry
<br /> • �;:�,� Inswment. This assignment of proceeds is subject to the terms of any prior mortgage.deed of aust.security agreement or .
<br /> _ ; other lien docurnent. � _
<br /> . . � � Insurance. Tnutor shall keep Property insured against loss by fire, flood, theft and oeher hazards and risks reasonably r.•_,
<br /> . , associated with the Property due to its rype and location. This insurance shall be maintained in the amounts and for the
<br /> ��r°���':�, periods�hat Beneficiary requires. The insurance carrier providing the �nsurance shall be chosen by Trustor subjecc to
<br /> ..�: � accorduf .. .
<br /> , + Beneficiary'9 approval, whuh shall not he unreasonably withheld. lf Trustor fails to maintain the soverage described .
<br /> `�'' � ' 'j above. Benefic�ary may,at Beneficiary's option,obtain coverage to protect Beneficiary's righu in the Praperty 8 .
<br /> �' . . . to the tertns of this Secunty lastrument. • .
<br /> ..:�._r�.
<br /> � � pll insurauce policies and renewals sha11 be aeceptable to Beneficiary and shail inetude a s�andard 'mongage clause" and. :
<br /> �'��` ` where applicable. 'loss payee clause.' Tnistor shall immediately noti�yr Beneficiary of cancellation or termmation of the ,
<br /> - . insurance. Beneficiary shall Aave the right tv hold the polic�es and re.newals. lf Beneflciary requires. Tn►stor shall �' �
<br /> �,.:�'� immedixtely �ive to Beneficiary all .receipts of paid piemiums aad reaewal notices. Upon loss. Trustor sha11 give � .
<br /> immediate nottce to the insurance camer and Benefctary. Beneficiary may make proof of loss�f not made immediately by '. ; .
<br /> ��'�' ' . Trnstot. '
<br /> �.� . . . .
<br /> :��:„;; : . Unless othenvise agreed in writing,a�l insurance proceeds shall be applied to the restoration or repair of the Property or to .
<br /> the Secured Debt. wh�ther or not then due. at Beneficiary's option. Any application of proceeds to pnncipal shall not
<br /> �'` • . p 1 -
<br /> � • ; extend or postpone the du�date of the scheduled payment nor change the amount of any payment. Any excess will be paid
<br /> . to the Trustor. ff the Properry is acquired by $enefica}ry.�NO$ene��cia t�to theRC tent of the�Secut d Debt�imsmed�ately
<br /> �•�� from damage to the Property before ch:acquisition sh 1 p �Y , ,.
<br /> �..�', _ �aepo 2 0�4� . .
<br /> before the acqu�sttfon.
<br /> '�J `391 93�••s5�sc�r-,� _ o. "o•A� � ..-•Y>nc�' ., .'39 �� . . .._._._
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