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<br /> ` g,pi1 fitt�ue advaaces from B�eficiary to Tn�or or other future obligations of Tn�stor to Beneficiary under ar►Y {. �
<br />—,<'- .`tz . _= or athet evidence of debt execatod by Tniswr in favor of Benefic�ary execu�ed
<br /> -_;�.`,.c� '. promis�aty note�.contract.Su�aranry•
<br /> -�:,.•_ •.. .._ .�,. . � ' a8er this�Security Inst�ment whether or aot this Securiry Instrument is specifu:a11Y referenced. [f more than one : `�,,'�,�; �
<br /> ' ��,��: p�son signs this S e c u r i t Y i n�u m�. e a c h T r u s to r a g r e e.s t t r a t t6is Se�aui t Y Inswmeat will sewre all future
<br /> � , . .;< advances and future obli oas that ar�gtvea to or iaaurtd by anY ane or more Tn�stor.ar any orte or more Tiustor :�.
<br /> �-�,-° �` . and otheis.Ail funus a�vwpes and other fut�ue obligations are secuced by this Seauity Instrument•aven though all _�,<_ .�� .
<br /> �,<`` ;� �;i. or part maY no t ye t be a d v a u o e d.A l l f u p u e a d v a�n o r s a s d o t h e r f u n u e o b u g a t ioac are s p c u r e d as if made on the dare �� J,. ,`'<
<br /> �� , _ �. of tt�is Security Insuumen� Nothing in this Set�riry Insuwnent shall coasntute a commianeut to make additionai or _ r
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<br /> �:3 '� �` � fuutte loans or advances in auy►amoum.�y s a c h coanmitmeut mnst be a�to in a separate.writinS- - -�-
<br /> � ` _ �? C.AIi oiher obliga�oa4 Granwr owes to L s n d er,which way later arise.to t a e eateac not prohibtted by law.including. �� _
<br /> "�• ° �` �-'�': • but not limited to.liabilities for overdtafts relating to a.�dq�osit actount agreement betwe�n Grantor and I.ender.
<br /> �_; �t`.�- D.AU additional sums advanoed and expeoses iacurc+ed�y Beneficiary for insuring,p�eserving or otherwise protectin� t. � :
<br /> - the propecty and its value and aay ot5er s�advanced anQ e�ses incurred hY HenefrciazY under the cerms of thu — :
<br /> � ge�uit}r tnstiameut. 'c' :_
<br /> � ' Ia the event that Ixnder faiLs to pm-ride any�necessuY notice of the righc of rescission with respect to aay addiuoual - � t � -
<br /> � � � , indebtedness secuted undec h B of this Section, Lender waives any subseguent secucity interesc in the Grantor's .
<br /> � ; � � .�Y`� ut daes not waive the secunty iateresc for the debts `, •.,
<br /> c:� .. ;�� PriaciPal dweIling that is� �s S�5► Insuomem tb
<br /> ` '-t - ' refere�sed in paragraph A of this Section). '� .;
<br /> S. DEED OF TRUST COVENANTS.Tnutor ti�ttte covenants in this secoian are material obtigations under the '� ��
<br /> ��� , �( t e
<br /> , �"` fi Secumd Debi and this qInsuument. If�nutor breaches any coveaant in this seccion. Benefic'�ary may tefi�se to �`.�� .
<br /> :�,;; . , make a d d i donal exteasi�f c�edit and reduce the credit limit. By not exercising either reinedy on Tnistor's breach, r.•, ,:
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<br /> r t.. geneficiaty does not waive Beueftciary's rlght w later consi der t he ev e n t a b r e a c h i f i t h a p p e n s a g a i n. .` (:.
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<br />_ � Paymeuts. Tiuswr a that allpaymenrs under the S�Deb[will be paid when due and ia accordance with[he ;�
<br /> ��'� . _ '' - terms of the Secar�d ebs and thia Secarity Instrument• �
<br /> i'_t:....A......... •thnT � •'� .:.
<br /> ��'k�'T— Pttor Secm�Ity Interests.With zegard to any other mortgnge.deEd ot uasc.securi�y ag�erm�u►..c�:..�.�.........,.�...�.�.�_ �- -
<br /> � �` . . •. t . Tn�stor a to make all ts whea due and to .",
<br /> cteated a pr�or secarity inter�t or encumbtaace on the Property,
<br /> ' ' ? .. � :`4 perform or comply with all covenants. Tznstor also agrees not w allaw azry m�adificatioa or xie�ns'�ion of, nor to recNesc � ., ___,�;_r;
<br /> `''`•.�`: • ,�-., any fut�re advauces under any note or agreement secum.d lry the lien document withaut Beneficiary's prior wnuen „.s;_
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<br /> - ``_` .. :._.. :.�.::� aPP�val. �"t�•:
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<br /> Claims Agait�st Title.Tmstor w�71 pa all taxes(including any tax assessed to this Deed of Trust). assessmennts,lieas, � � .:
<br /> �ai,f,,`. �` ' ' enwmb�lease payments,Bm�rents•utilittes.and other charges relating to the PropercY when due.Beneficiary .y.,^ :.�.s
<br /> k���� - - may zastor to provfde to Beaeficiary copies of aIl nodces that snch amounu are due and the receipts evidencing
<br /> �'��•, Tn�awr�spayment.Trastor w�l defead title to the Property againstauy elai�ms that would impair the lieu of this Security , � ;,
<br /> r..�'r ., . ,.: Iasuumcnt-.Tsustos agrees to asgign to BeneSsiazY, as requestea by BeneFciary, a�Y nF�, ciaims or defenses Tnutor , t_. �
<br /> ;. . ; :� maY Yiaave against paraes who snppTy labor or materials to maintaia or imprave the Praperty. ,.�,.:
<br /> S : . . .� Ptopertq Condit[on,Alterattons and Iaspedioa.Tn�stor wU keep the Propert}!in good condidon aad make a11 nPairs _�
<br /> 1 �� that are reasonal�lY necessaz5►•Trostor shau not commii or allow any waste.�mpaumesu,or deterioration of the Property. :
<br /> ,.,;; ' �.. Trustor�Wat the natura of the occapan�y and use will not substaadaily change without Benefieiary's rior written _
<br /> - . conse�t.Tnutor will not permit any cbaage m aay liceuse,re�icave covenaat or easement without Bene�ciary's prinr � .�, `
<br /> .:;...';:;; � � � w r i t t e n w n s e n t. T r n s w r w�l l n o t i f y B e n e fi c l a i y o f aU demands,ProceedinSs, claims.and actions against Trustor.and of
<br /> loss or damage to the Properry. .'��:" �,
<br /> �.I'.:�' " ��. �' � . -
<br /> `�` _', . . �T B e n e fi c i a t y o r B e n e f i c i a ry'sa�e n t s m a y,a t B e n e fi c 1ary s o ption,enter the Pro perty at aay reasonable tune for the pwpose
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<br /> :'..�'��. of inspecang tlie P�'uPercY• BeneficiarY shall give Trustor notice at the time o f or be fore anu�sp e c t i o nsp e c� m 8 a .:
<br /> � '� f reasonable��pwpose for thewspection. Aay iacpectiaa of the Pcopercy sha11 be eadrely for Bene�ciary's benefit and
<br /> ,�,. _',r:.
<br /> € Tnuwr wlll in no way rely on Seneficiary's u�spection. r .
<br /> � � � . .. _ Anthor�ty to Perform.U Trustor falts to perform suy duty or aay of the covenants wntained'm this Securiry 1ns�nunent. � �'
<br /> Beneflciary may.without notfce.perfosm or c�se tizem to be perforsned.Trustor appointa Bene�ciary as attomey u►fact
<br /> .-`�` ='- ' w siga'trustor's nasae or pay atry amount necessa�►for perfocmance. Beneficiary's nght w perfonn for Trustor shall not �, .
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<br /> z�: ..:;, .. , •,, - create aa obligation to periorm,and Beneflc 's aii�ue to perform will not preclade Beneficiary from exercising a�ry af _
<br /> .. <«_•.. . Benefic�ary s other rights under the Iaw or this�ewricy Iasuument.
<br /> ,,.�., , .
<br /> �� �,�:�� � � Leaseholds;Condom[dums:Planne�Unit Devetopmw�ts.Tnistor agrees to comply.with the rovisions of auy lease if •
<br /> .x,.�;`'� • ' this Seauity e�I���1 of Tnutoiea dutues und�the�covenants.b}+-laars arAregulat�ions of the�ann�ed�um orl pta ned ' .
<br /> !•'�' ' Trustor will p
<br /> '`�' ' unit development. - .,
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<br /> � ���' Cond�nna4ion. Trustor will give Beaeficiary prompt notice of any pending or threatened acdon, by prlvate or pnblic
<br /> •.�::�: •
<br /> •,•r.; .• . entitles to purchase or take any or all of the Property thtoug6 condemnation,eminent domain,or any other means.Trustar
<br /> � .; • authorizes�eneficiary to intervene ia Trustor's name ia any of the abave described actians or cla�ms.Trusror assigt�s to �: _
<br /> ,},•:.;.� Benefceiary the praceeds of any awazd or claim for damages wnnected with a condemnation or other taking of all ar any
<br /> .�, •�: � . part of the Pcoperty. Such proceeds shall be consideted payments and will be applied as provided in this Security
<br /> .� . : � Instrument.This ass�gnment of proceeds is subject to the temu of aay prior mortgage,deed of trust,security agreement or
<br /> • . other lien document.
<br /> .E., �!;. .
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<br /> � ' Insurance. Trustor shall keep Property insured against loss by.fire. flood theft and other hazards and risks reasonably
<br /> ;.��; ,:. . associated with the Properry due to its type and location. This �nsu:ance s�a11 be maintained in the amounts and for the
<br /> .u,=�4: � psriods that Beneficiary re4n�res. The insurance cazrier providing the insurance shall be chosen by Trus[or subject [o
<br /> ',�',;, . � � ; Beneficiary's approval, whuh shall not be unreasonably withheld. If Trustor fails to maintain the coverage dcscribed < .
<br /> above, Benefic�ary may.at Beneficiary's option,obtain coverage to protect Beneficiary's rights in the Property accordmg ��
<br /> � '1';.� . ; ro the ternu of cWs Securiry instn�ment. , . ,
<br /> ._� . , �
<br /> �':�:�.: i Ail insurance policies and renewals shall be acceptable ro Beneficiary and shall inclnde a standard "mortgage clause"and. „
<br /> _'.�' • � � `' where apPlica6le. 'loss payee cla��se." Trustor shali immediately noti�jr 8eneficiary of cancellation or termination of the
<br /> `' ' '• ' insurance. Beneficiary shatl have the right to hald the polic�es and renewals. If Beneficiary requires. Trustor shall
<br /> �.' .;.. � ' � '! immediately give to Benefic�ary all.receipu of paid premwms and renewal notices. Upon loss, 1'rustor shall give
<br /> ��� +`. � • i immediate notice to the insutance camer and Beneficiary. Betteficiary ma}�make proof of loss�f not made immediately by
<br /> " Tsustor. ��
<br /> i'
<br /> �..��.. ;
<br /> '�� � Unless othenvise agre�d in writing,all insurance proceeds sha11 be applied to the restoration or repair of the Property or to � ..•
<br /> �`"f:, '' � the Secured Debt, whether or not then due, at Beneficiary's option. Any application of proceeds to principal shall not �
<br /> .� , :�, eatend or postpone the due date of the scheduled payment nor change the amount of any payment. Any excess will be paid
<br /> rf�.,�.. , to the'frustor. if the Property is acquired by Beneficiarv.Trustot's nght to any msurancep�l�c�es and�oceeds'resuiting
<br /> }:. trom damage to the Property before the acquisition shall pass to k3eneticiary to tr..::x:e,:::•: :::= Sc�'�"" ` �o�9P z��4.
<br /> � hcfnrr the acq�ismon.
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