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<br /> B. All future a�3vanc� from Beneftcia_ry to Trastar or other future ohligations of Tr.L�tor to Beneficiary under any
<br /> promissorr note,con�act,guaranty,or other evidence�f dert exrxuted by Trwtor in fa�or of Beneficiary execvted
<br /> after this Seciu�ity Instrw�nent R•hether or not this Seaarity InsL-ument is specificalty referenced.If more than one.
<br /> person signs this Secuzity Instrument, eac6 Trustar agrees that this Security Instrument will secwe ati future �
<br /> adcances and future ob6gations that are given to or inciirred by any one or more Tnuto�,or any one or more Trustor
<br /> and others.AIl fLture advances and othe7 future abi�gations are secured by this Security Ilutrument even though all
<br /> or par:may not yet be advanced.All fuxure advHnces and other future obli�ations are se�ured ae if made un tt�e date
<br /> cf this Security Instrument.Nor.hing in this Security Instncment s�aLt conshtute a commitment to ma.ke additioaal or
<br /> future loans or advances in any amount Any sracb mmmitment must be a�ed t�m a separste writir.g.
<br /> :J'. Atl ot;aer abligations Granior cwes to Lender,wtuch may later anse, to the ezteqri not prohibited by law,
<br /> including, b�t noi limited to, liabiiities foz overdrafts relating to any deposit accouat agreement between
<br /> Cirantor and Lender.
<br /> D. All additional sums advanced and °xPenses incurred by Beneficiary for insvring, preservin� or otherwise
<br /> protecting the Properz�and its value a�d any oi6er suras adva�ced and expenses incurred by Beneficiary under
<br /> the terms of this Secunty Instrument�
<br /> In the event that Lender fails to provide any necessary notice of the right of rescission with respect to any
<br /> additional indebtedness secured under paragraph B of this Section,Lender waives any subs.:quent secunty interest
<br /> in the Gran�or's principal dwelfing that is created by this Stcurity instrumznt (but dces not waive the security
<br /> interest for thc dcbts referenced in paragraph A of this Section).
<br /> S. DEEir U��`RUST COVENANTS.Trustor a�rees ihat the cov�nants in this section are material obligations under
<br /> ?he Secured Debc and ihis Security Instrumeet. If Tnutor breaches any covenant in this section, Bene6ciary may
<br /> refuse to make add'stional extensions�f credit and reduce the credit limit.By not ezercisin&either remedy on Trustor's
<br /> breach,Beneficiary does not a�aive B�neSciary's right to later consider the event a breach if it happens again.
<br /> Paymeats.Truscor agrees that aDl paymenes under the Secured Debt will be paid when due and in accordance with
<br /> the terms of th�Secured Debt and this Securi;y Instnunent.
<br /> Prior Security interests. With regaad to a�y other martgage, deed�of trust, security agreement or other lien
<br /> document that created a prior security intetest or encumbrance on the Property, Trustor agrees to make all
<br /> payr.ients when due and to perform or com�ly�vith a11 covenants.Trustor also a¢rees not to allow anv moeification
<br /> or extension of, nor to request any future advances under any note or agreemenl secured by the Iien document
<br /> w:thout BeneSciary's prior written approval.
<br /> Cluims��gninsi'T'rtie,Trustor��11 pay all tazes (including any taz assessed to this Deed of Trust),assessments, li�ns,
<br /> encumbrances, ]ease payments, ground rents, utilities, and other charges relating to the Property when due.
<br /> Beneficiary may require Trustor to provide ta BeneSr��ary copi� of all notices that such amounts are due and the
<br /> recei�ts evideocing Tn�tor's paytnent.Tnutor will defend title to thP Property agair,st any claims that would impair
<br /> the hen of this Sec�uity Instrument.Truster agre�to assi�n to�eneficiary,as requested tiy Beneficiary, any rights,
<br /> claims or defenscs Trustor may have agairast parties who suppiy labor or matenals to maintain or improve the
<br /> Propertg�.
<br /> Prvpe�ty Conditions Alterati�ns aad Im�ecf�on.Trustf�r will keep the Property in good conditi�n and make all repairs
<br /> that are rea.sonabl�w necessary. Trustor shall not commit or allow anv waste, impaim�ent, or deteric�ration of the
<br /> Praperty.Trustor agrees that the nature of thr.occupancy and use will not substantial,ty change without Beneficiary's
<br /> prior wntten consent.Trustor will not permii sny change in any license, restrictive covenant or easement wiihout
<br /> Beneficiary's prior tivritten consent_ Tn;stor will notify Beheficiary of aiI de:�iands, proceedings, cl�ims, and actions
<br /> against'`'rtistor,an�of sr.�t Ioss oc damage to thc i'roperty,
<br /> Beneficiary or Beneiician�`s agents may, at Benefaciary'� option, enter the Propert� at any reasonable time for the
<br /> pvrpase of inspectin!; the �operty. Beneficiary shall 4 ve Tn�sioi not.ice at tne Ume of or before an inspection
<br /> specifying a reasonable�urF,ose for the inspection.AnY u�spect�on of the Prqperty shall be entirely for Beneficiary's--
<br /> benefit and Trustor wi,ll�n r.�way rcly on Benefidary's mspect�on. •
<br /> Authority to Pertor�. I1 Trestor fnils to perform any duty or any of the covenants contained in this Security
<br /> Instrument,Benefici�ry may,without notice,perform or cause them to be perforrned.Trustor a�points Bene6ciary as
<br /> attomey in faci t6 sign Trustor's name or pay any arnount necessary for penonnance.Beneficiary's right ta perform
<br /> for Trusior shall not create an obligation to perform,and Beoeficiary's failure io perform will not preclude BeneGciary
<br /> from exer�ising any of Beneficiary's other rights under the law or tcus Security Instrument.
<br /> Lessehelds Condominium�Pfacwed iJrnei D�velopments.Trustor agrees to comply with the provisions of any lease if
<br /> ehis Security Instrument is on a leasehold. If the Property inciudes a unii in a condominiam or a planaed ��n�t
<br /> deveiopment, Trustor wiil perforrn all of Trustor's duties under the co�•enants, by-laws, or regulations of the
<br /> condominium or planned unit de�elopment.
<br /> Condemna6oa Trustor will gjve Beneficiary prompt no6ce of any pending or threatened action.by private or public
<br /> entities to ourcilase c�r take any or alI ot the Property ihr�ugh condemnatio.,,eminent domain,or any other means.
<br /> Truseor an!horizes$eneficiary to intervr;ne in Trustor's name in any of tb�above descrihed acdons or claims.Trustor
<br /> assigns to Bene6ciary the proceeds of any award or claim for damages��nnected with a candernnation or other taking
<br /> of al!or any part of t�e Property.Sucb proceeds shall be considered payments and will be applied as provided in this
<br /> Security Lastnunen[.This assign�ent of proceeds is subject to ihe ter.m�of any prior ayortgage,deed of trust,security
<br /> agrAement or oth�r lien document.
<br /> l'issivance. Trustor chall keep Property insured against loss by fire,flood,theft and other hazards and risks reasonably
<br /> associated c��th the Property due to iis type and locatioa.This insrrance shai!be maintained in the amounts and for the
<br /> periods ihat Beneficiary requires.The insurance carrier providir,g the insurance shall be chosen by Trustor subject to
<br /> �tenefic.�ary•'s approval,which shall not be unreasonably withhe,ld. If Trustor faiLs to maintain the coverage described
<br /> above, Beneficiary may, at Benef;ciary's option, obtain co�ierage to protect Beneficiary's rights in the Property
<br /> according to the terms of this Security Instrumeni.
<br /> All insurance polis�ies and renewais shaLl be accepiable to Beneficiary and shall include a standazd"mortgage clause"
<br /> and,w•here applicable,"Ioss payee clause."Trustor shall is,tnediately notify Beneficiary of cancellation or termination
<br /> of the insurance.Beneficiary shall have Lhe right tn hold the��olicies and renewals.If Beaefciary reqs��es,Trustor shall
<br /> immediately give to Reneficiary all receipts of paid p;zmiums and renewal notices. Upo�� loss,frustor shall give
<br /> immediate notice to the insurance carrier and Ben.�ficiR.ry. Bene6ciary may make proaf of loss if not made
<br /> immediately by Trustor.
<br /> Unless otherwise agreeci in wrieing,all i��urance p�oceeds shall be appliedto the resto:ntion or repair of the Property
<br /> or to the Secured Debt,whether or uet then due, at Beneficiary's option. Any appGcation of proceeds to princi�al
<br /> shall not extemd or postpone the due date of the scheduled payment nor change the amount of any payment. Any
<br /> excess wili be paid to the Tnutor.If the ProErerty is acquired by Beneficiary Trustar's right to any insurance policies
<br /> re
<br /> and proceeds resulting from damage to the Property before the acquisition shall pass to BeneSciary to the eztent of the
<br /> - Secured Debt immediately before ihe acquisition.
<br /> (pa,qe 2 of 4)
<br /> O 199a Baticx:S1nt�rt+c►+�.SL Cbud.AfN Form oCF-iLED'�1d7�96 p
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