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<br /> Fl[naudal Reports end Addiitonal Doc��is.Tn�swr will provids to Henef ciary,upon request.�y finaaciat statemeat �
<br /> '� " or �on Beneficiffiy rydeem reawnably neoessazY. Tn�sror w sign. deliver. and fi!e any additional s` ;:.
<br /> � � � da�menu ar ce�tifirations thata�B�eficia�r maY ooasid� w r e�t.watmue,and preseive Tn�stor's obiigarions ,_t ,
<br />��.. - � uadet deis Seasiity ta�Wme�and Beneficeary's hen stams on�+the upenY• Y - . ,
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<br /> �' « ° " 6. W�BRANTY OF TiTLE. T�r waaants that Tnutor is ar wiU be lawfulty seized of die eatate convey e d by t h i s �;. ` s -
<br /> � f � S�ity Inst�ment�d has the right w irrevocabty grant,coavey.aad sell the Property w Tn�stee.!n trusc.vvuh powes of
<br /> ��-_ -- s a t e.T r u g t n r a l s o a r a a a n t s t h a i t h e P m p e a y�s t m e a c u m b e c e d.e x ce Pt for encumbrenoea of iecord. r=,;,6. -
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<br /> �� = �P s°^-"-' 9. DiJE ON SAI.E.I�eader maY, at its aption. declare the eatiie balanc�of the Secured Debt to be immediatel due and �: �
<br /> Payaple upam the�ation of,or oonuacc for the creation of.a traaSfer or sate of the Propeay.This siStu is snb�ect to�he ` .
<br /> �'�:� : •... ; .: .-< b federai law(12 C.F.R 591).a4 aPPiicable.
<br /> - - • -
<br /> � imposed y era �,.
<br />-�.,_____----_,.:.._.._� tesuictions
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<br /> �� :. _,� ; 8. DEFAULT.Tnutor w�l be m defanit if aay of the followmS ocar: _4 `r '
<br /> r ' � teseatation m conneaion witb the Secured Debt thaz �
<br /> �'.�: <• . �; Fraad.Any Consumer Botruwer engages in fr�d or matecial misrep "..
<br /> -��` - - . . _ �� is anopen eud home e�utY P�- : .,:' ``=f,.
<br />_�'��'� � . . .- � �,..LY,,m�� �Y��r Borrower oa azry Secured Debt that is an opea ead home equitY Plan faila to m�ke a paymem .k . �i;.��:,
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<br /> `�� '�., f " • . , v�uW�. r�. ..
<br /> °�' � �! A�r acuvn or�on bx the Borrower or Granwr accars that advessety affects the Ptopeity or Lender's rights � :_;..
<br /> �� etty�Tlus mr,ludes,bac�s ttot limited to,the foltowing:(a�Gr�tor faiis to mamtaia required maeuaase fln the
<br /> ��:�, ��per�tyy)i3tant�r uansfecs the Pmpenl!;(c)Grantor oommits waste or othec�vise�vel3►ases ar fa7s w maintain :,,� "; Sf_.
<br /> ��''" ,. . the Yrorercy sach tbat the actioa or macaon adversely affect.s I.ender's se�city►' (� G�ior fm7s w pay taxes au the
<br />-'�! .. . pmperty or othenvise fa�7s t+o act and thereby causes a lien w b�filed agaiast the�'rnpeny that is seaior w the liea of this ?
<br /> ��:� '._ ,__. , _- ��t; (e)a ps�o,�l,e��G�r��ntor�thm�ne emineni�dooma n.��r,J��dies�nd Lendet's security is � � ,"
<br /> .. -' d�'ia+oG���2C's"i""J � �S Q�2��Ot�8U�� y _
<br /> -T'--� '�'� . ` ��� erty w ac�don that adveisely affects Lender's mteaest: or(i) a prior iiealwidcr forecloses oa t�e ,, "
<br /> �':: Prnperty and as a result,I.�d�'s inte�est is adversely affected. . �,-.-
<br />,��i� - i., : � 4��
<br /> ��`� ` • . :.' • EseartiQe 01Fioe�s.AnY Batrowa is an execntive afficer of I.ender or an affiliate aad such Bomawer 6ecomes iadebted w ,� �F :
<br />: �_. ;,,. _ :-_:�;."' L�ender or anathec leader in aa aggregase amount�ater thaa the amomu permiaed imder federal laws aad zegalations. .;� =...
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<br /> ���`;;:�• .�, .. `�%�-:. 9. RE6�DILS ON DEFAULT. Ia additian toury other iemedy availabte under the teims of this S ty Ins�ument, _: ���`,-
<br /> - • , � . g� m a y aaseterate the S�Debt an�f�eclosc this Sewrity Insuament m a m�ner pruvided�b}.r law if Tt�tor _ :�p b•,:,_
<br /> ar wi11 reqaire B e a e hc�y w r o v i d$T n u t a r w I t h u o t i c e of the t i g h t m. .s. :
<br /> f��?}�z'r , is ia��In some instauses.fedetal aad state copy� `::`;
<br /> •`�i'� .�. , , :• c�e,or other nattacesoace of�sale�e�de�r be mai2ed w���tasw�r at ad�provi�dedr'Im�'on 1 al�ve�n� •'r:'
<br /> rY�� . �. . of defanit aad any �` `_
<br /> `� . '.. r Al Ihe option of 1he Beuefieisry,all or a�+pait of the agreed fees aad charSes.accrued iaterest and pr'�shaU beeome „ �'�`Y_
<br /> u q m e d i a t e i y d ne and p a yable. atter givmg nouce if reqnired by law, upoa the axunence of a d t or anydme -
<br /> • . : ,;,� ,
<br /> .:_ thereafter. '��
<br /> . ` � . I f t h e r e i s a d e f a u lt. Truscee shal],at the request of the BeneHciazY. advertise and seU the P r o pe�tY aq a whoie oT in
<br /> • �. � seyarate parcels at pobllc auctlon[o the lughest bidder fot cagh aud coa vey a b s o l u t e t i t l e h e e a a d c l e a s o f a l l t i t l e
<br /> , and mteces[of T�star at such qme and place as Tn�stee desi o�Tn�tee b�8ive no�ri Ze law�;n e�ff�th�vmUe of _
<br /> �' � � ,: ..� [erms and place of sale and a descriptian of tke property to be s reqwted Y aPP
<br /> .il.:f, . . • - _
<br /> � :. . � the pmposed sate. � -
<br /> 'd,��:� � ' , � ;': � -
<br /> �;.':� ' � Upon sate of tIle pmpercY and to the exteat not pruhibited bry law Trastee sball mage and deliver a deed to the PmQercy .. _
<br />.��',z : , .� ' �;';: sold which conveya absolnte tide to the pu�6aser,.and aRer �'ust PayinS all f�es. c6ar8es aa� costs, al�ll pa�y :-., .' --
<br /> -', . Beaefidas3� all moneys advaaced for cepai:s,taxes, insurance, liens, a�ments and pr�ar enaunb=ances and in �. • .'
<br /> � ,'`,' '. , � t h e r e o n. a n d t h e p r m c i p a l �d i n t a e s t o n the Secur�ed Debt,P g!1�e su�las• i�aal►. to '�n�stor. Beneficia�y,maY � '.r.-
<br /> �;;`�;� . . . - purc�aze the Propeny.'t�e recitals in auy deed of coaveyaace�ptuaa f a a e e v i d e n c e o f t h e f a s x s s e t f o n h t h e�e m. `-
<br /> � • ., '`.�' The accept�ce Dy H e¢e ficiary o f an}r sum i n paym e a t o�p��t o n t h e S a�r e d D e b t a ft e r t h e b a�e i s d a e or is ,;_
<br /> p.';''.� . . ... acceterated or after forect�suce proceedin�are f i te�l shall aot consntute a waiver of Beaefician►'s rig�t to reqnire complete . ,} ;
<br /> . � . euce of any existing def�ile.By not exercising a�r remedy vn Triuwr's default,Beneficiary does not waive Beneficiary s
<br /> ..�,__� •,:. � ,..�.;.r right co later coasider the evens a defadt if it happeas again• �� .
<br /> ���-:�....
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<br /> a �:� : � � 10. �II�1�; �VANCES ON CO��E1VANiS: ATTORNEYS' FEFS: COLLECrION COSPS. If Ttnstoz bseashes �. � ,. . _
<br /> _,�,,: � any covenant in this Security taauument. Tnutor agne.s w paS► all e�penses Beneficiary iapua in perform�g sucb •:
<br /> • ...,. . - oove�ants or pmcecting its security interest in the Propect}►.Such expenses iaclade,bnt are not limited w.fees mcurred far
<br /> ,:r. . .� iaspecting,Praerving.or otherw�se pmtecting the Property and Beneficiary's se�vrity interest.These e�s�aze p_ayab2e
<br /> �»`�F'. . ' on dem�d and ari11�ear interest fram ihe date of payment uaril paid ia full at the highest rate of interest in e�Fep.as
<br /> �._...,.. p�
<br /> ' � . . provided ia the te�s oY �he S�ured Debt. Tructor ag�s to pay all cosis and expe� ine� b $�f�Y � , •
<br /> v.'.,. • collecpng. enforcing or pmteaing Beneficiary's rights and remedies nnder this Serurity Insuoment..This auwnnt may
<br /> � � inclucle.bat is not limited to.Trustee's fees.court oosls. and other 1epa1 e�cpeases.To the eatent perm�tted by the United ,
<br /> .�;�.`. . • . ' •, gtates 8ankruptcy Code.Tnutor agcees to pay tLe reasonahle attnmeys fees�eneficiary incurs to colleex the Secvred Debt .
<br /> F�; . • as awarded by a�►court e�ercising jurisdicuon under�he Bankruptcy Code.This Secunty lnsuument shall remain in effecc
<br /> . �� j �mti1 teleased.Tnestor agrees to pay for any recordation costs of suc6 release. •
<br /> .. , � . � � '
<br /> F.` ,,:, , ll. ENVIItOIYMTNTAL LAW5 AND HAZARDOUS St1BSTMtCES. As used in this section. tl) Envuonmental iaw
<br /> means,without limitation, the Comprehensive Enrironmental Respoase. Cnmpens?rion and Liabitity Act (CERCLA,42
<br /> '"����'" ' U.S.C.960! ee seq.).�d all other feder�i.state and lacal laws, regulatia�,ordmances.cou�orders.attomey general
<br /> �'��;,�`' ' � oyinions or in�erprenve leuers concerning[he public heaith,safery.welfare.enrironment or a hazardous substance•and(2) .
<br /> .��r._ � . • H�nvus S��hsts�ce m?�ns aay rnxic. ravioacYive or ha�rdaus material. waste. poilueant or wntamiaant whic� has ,
<br /> .� .:_; . characceristics which [ender the suE�stance dangerovs or potenual►y dangerous [o une public hraiu.. �ftir�. u"e.ta�� �_
<br /> ,r.,..��`. ' � environinent_ The term inelndes. without limitanon, any substances defined as 'ha�dous material.' 'to,cic substances."
<br /> ,�•` ;,.:
<br /> • ' 'hazardous waste'or'harardaus suhstance' under�y Envisona►ental Lav�+_
<br /> •;�••.. Tnsstor represeau,warrants and agrees that:
<br /> �.: �• •. . ; q.Bhcept ag Previously disclosed aad acknowledged in writing to Benefic�ary. no Harasduus Substance is or wil! be
<br /> s. " : ' , located. stored or releaszd on or io the Property. This resmction does not apply to small quantities of Ha7ardous
<br /> _ _ _ ' . Sul�siarices tbat aze genera3ly reco�nued to be ap ropnate for the normal use and mamtenance of the Property• � '
<br /> �'�' � . g,E x c ep t a s previousi y disclosed and actcnowledg�in wntutg to Beneficiary. Trustor and e+ery tenant have been,are. f
<br /> ,.�. ., , .
<br /> 1, .,,' • and shall remvn m fu11 comPlianee wuh any applicable Envuonmental L aw. • ;
<br /> C.Trustar shall immL"diateiy noufy 6eneficiary �f a retease or �hreatened releatie of a Hapnious Substance accurs on. �
<br /> �;;, nnder nr about the Pronertv or there is a v�olation of any Environmental Law concemine�the Properiy. ln such an � ,
<br /> event.Trustor shal! taece a!I necessary rem:diai aeuon�n zcwrua�cc W,�,.::.y L;�.��o�;c...W .......
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