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<br /> 9
<br /> Einnne[al L3eparts and Addltlanal Documente.Trustor wilt provtde to Beneficiary upon reyuest, any tTnanctal statemeut ,:�
<br /> ar informutton Beneftctury muy deem reasonubly necesaury• Truator A��ontlnue�and presen.e Tniator'ls obl�gintions
<br /> underlthis Secu�riry Inauument nnd Benofic inry's 1 en scatus on the Property. � ,.
<br /> 6. VypRRANTY OF TiTi.E. Trusror wurranes tlint T��°�nvcr.oiid sell�tho Pioperty to TruBtea,in trus nw�th powerhof
<br /> Seeurity Instrumeat and has the right to Ine�$�e�umbered,except for encumbrances of recnrd.
<br /> sale.Truacor also warranta that the Property ,
<br /> """�� DUE mN SAx.E. Lender muy. at {ta option,declare �de entire balance of the Secured Debt to be immedtatel due and
<br /> � 7.
<br /> a able upon the creutton of.or contrnct for the creatlon��icablensfer or sale of the Property.This right is sub�ect to the
<br /> , ' �trictioas tmposed by federa!law(12 C.F.R.591),as app
<br /> �� 8. T►EFAULT.Truscar wtll be in default if any of the fullowing occur: . �:
<br /> F�uud.Any Consutaer Horrower en gagea in fraud or matedal misrepresentation in connection wtth tha Secured Debt that ..,:
<br /> is an opeR end home equicy plmi• . .
<br /> ��� ppyments.My Cons��mer Aonower on a►ny Securcd Debt that is an open end home equity plaa fails to make a payment ' �;�;�
<br /> .. when due. `•"
<br /> ° . . Fin�►et�ty. Any action�octudesi but�lst�+ot�lim�ited to.rt�e ollowi�ng(aj1�rantor faits�o m�uia ain�requrtied insi�r nce oa��►e ,.,�,
<br /> Q ac �
<br /> �, in the Propc�ty�This in . -,,`
<br /> p�g�riy; �C}rantor uaasfers the Property;(c)Orantor corrunits wuste or otherwfse destrucdvely uses or fails to maintaia
<br /> t 6 e �r ope rt y such tha�the actlon ox inactton udversely affeces I.ender's secudty• (d) (3rantor fails to pay twces oa tt►e .��
<br /> � S�uprlm Instr�uueaent e(e�la sole arar►tore dleys c(� if more ihan on te Gr�an tor.�anY G Pan or diesg�d;Lend r's securiry is
<br /> adversely affected�lg)�e Properry is takea t�rough eminent domain;(h)a judgment is filed aguii�st Grantar and subjects -�� �
<br /> . E arnntor and the 1 ropercy to action that adversely affects Lender's interest; or (i) a prior lienholder forecloses on the "�^�4
<br /> pro e and sts a resuit,I.endee's incerest is adversely affected. �::=u;.�:
<br /> � P nY ,
<br /> a Execertive Offleers•AqY Bn�Wer ia an executtve officer of Ixnder or an affiliate and such Bonower becomes indebted to
<br /> . �- Lender or another lender in aa ag�regate amouat greatcr thua the amount permltted under federal Iaws and regulattons. ,�`�
<br /> 9, itE1VLL�DIES ON DEFAUI.'Y'. In addltioa to su�y oeher remeciy availablc under the terms of this Security Iasuumeat. �„�.,-_
<br /> ��_;_'. Beneftc[arfr maY accelerate the Secumd Debt and forectose thiuj�ec�1N� IC�uu�p�Vide�to rv�vWi notice of the dg�co
<br /> ia in default. In sa�ne inscancea.fcdorai aad siate 2s..will m� -
<br /> cure.or otber notices and may establish t{me achedules for foreclosure actiona.Each Truscorre�uescs u coAy of+sa�nat�x _
<br /> of default nnd any cotice oF aale thereunder ba mailgd co each Trustor at the address provided in Sect[on 1 aoove. --
<br /> ` � Amtnedlately du8�andpayable�aft iTgiving notice if geq�uirtd by�luw,�upon t�he eodccutrnn�o f s default o�l�ime _
<br /> .' � � thereufter. -
<br /> �i� ff there is a defnult, Trustee ahull, at ihe request of the Beneficiary, advertise und selt the Propeny as a wholc or in �sy",_
<br /> 1 . . separate P�f,��P�oblai sucbtime snd pluhce as Tc�usiee�destgnaes.Trnu�stee sahall give notice of sale�ineiud�i�ttg the ttmee �;,��
<br /> and Interes
<br /> • � � tern�s and place of sale and a descriptioa of the propecty co be sold as requlrecl by the appiicnble law in effect at the ttme o �__
<br /> the pmposed salc. _
<br /> • t' � Ugon sale of the pmpertY az►d to the extent not prohtbited by law T:ustee sball make and deliver a dced to the Propetty .___.
<br /> sold �vhich conveys absolute tttle to the purcFiaser, and after �irst payiag all fees. charges and coata. eb�t pterest
<br /> �:'.. Beneftciary all umneys adveuced far repairs� taxes� lneurauce. liens, assessmeats and prlor encumbx�nnces and m
<br /> thereon. and the princt�pal nnd intereat on the Secured Debt, puying the lus, if any, to Tcustor. �neflciury ms►Y
<br /> �� �;�i�;;,, p�as�the Property.'I'�e recitals in anY deed of coaveyance ahall be pdma f�e evideace of the facts set fotth theretn.
<br /> ,��;;.;
<br /> � .'�I,I'� a�cc le��o afcer�r c�losu�re proc��.d�ngs�A��$h�Y nQ i°ns(inite u wa�cr�f BenefUicbt n se`i�t o��quire eomp ete
<br /> � < cure of any eaistiag defuult. By not exercistng ane1mmge�A on Tniscor's default,BeneCiciary does not waive Beneticiary's
<br /> . „ right to later wnstder the event a defuult if it happ —_
<br /> �� • ADVANCES ON COYENANT5; A7TORNEYS' FEES; COLLECTION COS'1'�. If Ttvstor brea.ches _
<br /> . •��: 10.EXPEAi�L�S. � �11 ex�►enses Bene�iciary incurs in performing such
<br /> ` `'•��; any a�veaant in this Security Iustrumc:ut� Tcustoc asrees to p,y �-..
<br /> 5uch ox enses include.but ar�t not limited to,fces incui�ed t'o�
<br /> . ,, �' covenanta or proteccing its se�;urity Intan;st in the Properi3'• aad Benef{ciary's security interest.'I�esa ezpei�ses tue payable �
<br /> i n spoc t i ng p r e s e r v i ng.or otherwlse pmtecting the PropertY
<br /> • „ on demand and will hear interest from the date of paymertt o t i l a u t�N���d e pe�ns�e.s� incurndnby�Bte,aef%ary i�a =:—
<br /> '�•. provided in the terms of the Secured Debt. T:usror agcees P Y This amount ma _
<br /> � �'�� collecti�ng, enforcing or protecting Beaefictary's rlghts and remedies uader this 5e:curisy Instrumeat. Y
<br /> ° : ,�t;�aif� iuclude but is not limited to.Trustee's fcea.court costs,and other te$al expenses.To d�c extent pern�icted by the Untted —___
<br /> ��••r States�anlcruPtcy Code,Trustor agrees to pay the reasoeaBble�AttorneyC de gThiseS cnrity Instru�ment shull ce mi�n 1a�enffeebct --
<br /> as awarded hy any csurt exercising Judsdiction under th p �
<br /> ,��,. ` . untii releatied.Trustor a�rees eo pay for any recordadoa costs of suc releasz. �
<br /> S'�:..1
<br /> �1) �nvironmen�ai I.aw ;,::,,;
<br /> ., I1. ENVIiFiONMEN'I'AL LAWS AND HAZARDOUS SUBSTANCES• As used [n this section, .
<br /> ; me�.se �vithout limitattnn the Comprehenaive Envlruumcntal Response, Compensatton and Uabitit Act (CERCLA,42
<br /> �� U.S.C. 9601 et seq.). aad alt ett►er federal, state and local 1�te s� welfaze�envicomm�i or a hazac�dous sub t�uace•nnd(2 ��;�
<br /> o�piuiona or intecprettve tetters concerning the publie henith.s �y, llutnnt or concaminant w�icpt hns �`
<br /> Hazardous Substance means any toxic. cadivactive or huzurdous matedal, waste. po welfore or �r
<br /> chnrnctedatics whtch render tho subatance�angemus or potentially da�erovs to tho public heatcY�. safery�
<br /> P..yifnnment.TAP te�ut Includes,without timl2ation,suuy substances dT fus�as "hezardous material.• "toxic substancea." [�'.'.
<br /> • �
<br /> __ __�__ .
<br /> -_---- _..� nt�..�w��o�o¢tP�ef��973�Y�OLIS SUbSIftI1C6 UII�C�Wiy C11ti�tviiii�Ci���••• �.
<br /> ____—_-._.__-- - atam...vw ..._'_ _'
<br /> TN4t0!iC�TCSCTUBr WAi[Bi�iS 8Ad�L'�s IZ38t:
<br /> A.�xcept as pr�v�o�releas�on or�inaih�e P olpeiy. Thi�e�Metton doe�sc noi�ap ly to sdmalul q�ti�e.�g of Hau irdous
<br /> lecated,stom<i �maintenance of the Pro e
<br /> Substances that ure g�nernlly recot�►ized co be ap ropriAte for the nornu►I use g �'
<br /> , � ; B. Bxcep��remuin in fiall�mpltatue wi h any ap�pc b1e�Env�ronmental i1�,u�w',T��tor nnd evcry tenAnt have been,nrc.
<br /> and sh ry
<br /> V C�nder or avoutnihe P openy o�here is a vluln iun ut�nny 6n ir nmental�l.a�v con emi gehe Propeny In s h ai
<br />� e v e n t.'f n�s t o r a h u i l t n k e a l l n e cessa ry remeJial:�ct►un in accordanee with any Environmentul Lnw• �p o a�3 0�a�
<br />- ° m 1990 OWars Gr�tm�s,mc•.Bt.CIOUO.A7N fwm OCV-AEOT NE �mtrso —r�
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