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<br /> � Flceanciel l�e�orte and A�dditiuttal�ocunientEi. Ttuator �Yfl1 pr�vidc to Beneficiary upart reyucst,nny nnuncin! •:,k:_
<br /> stutement or u�tormutlon Beneflc�ary may deem rcaYOnnbly neccs.sury.Trustor ngrees tu sign,dcllver,and Gle nny ,
<br /> ndditional documents or certificatians tbat BeneGcinry ra�ay�:onstder necessasy tu pedcct.continuc,und prescrve ��.�
<br /> T�ustor'A obligutions u--"der this Sectuity Instrument and Bcnet�siery's Iten swtus on the Pcoperty. =-
<br /> � / �. W/�RE�AN��O�'1��Y�.C'.�TTlIStOt�bilifAlllB[I1HQ TiUSIOTi is o:tivili bc la��fully sef��d of the estete u►nveycd by this � �
<br /> --- - Securjry Iastrument c►nd hus tha xi�ht to irrevocably�m�t,c�tevey. and seU the Property to Trustee.in trust,wtth �_ _
<br /> " � power of sale.Tcustor nlso wtumnta tltat the Property is u�aeac�a�mhEred,except for encumbrunr.�s of record. ��
<br /> . ,,_ :�7i=;=,,': 7. DUE ON SA.I.E.Lender may.at itR opdon,declare the �nbires balance of the Secuted Debt to bs immedlately due e�;�.°
<br /> - and payabie upesn the c►Pation of,or contract for the csenti�n of. a transfer or sale of the Froperty.Tlais dght is _
<br /> "'��w ° subject to th�restrlctians imposed by federel law(12 C.F.R,59�),a.s appllcable.
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<br /> , ��" = 8. DE�'AULT.'Trustor wUl be in default if any of the follovsring�ur: _-_
<br /> . .. � F}rau�.Any Consumer Bortower enQages ia fraud or aaatexlal misrepresentatIon in connection witb the Secured �
<br /> Debt ihat is an open end homa equity plan•
<br /> � paymeme,Any Consuaaer�orrower oa any Secured I�ebt tlhat is an open end hame equity plan fails to make u _
<br /> ., payment when due. =.-
<br /> ' Progetty.A�y actloa or inaction by the Borrower or Grantar accurs that adversely affects the Property or Lender's �:
<br /> s dghts tn the Property.Thia includes,but is aot limitec! to, Y4e foDowing: (a)Grantor fails to maintain required -`-
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<br /> insuraace on the Property;(b) Cirantor transfers tho Property; (c) (irantor commits waste or otherwise _
<br /> ° � " rt'� destrucUvel�uses or fails to maintain the Property suich that the acuon or inaction adversely affec!s I.ender's _
<br /> _ •�;�3,>�,� security;(d) Grantor fails to pax taxes on the Propeaty or otbi¢svvLse fails to act and thereby causes a Iien to be fited �_
<br /> • �£t.� agaiast the Froperty chat is semar to the lien oi tLis Se�urity Instrument;(e)a sol`h�o dies��(��enuthroug
<br /> --_��`..,f,.
<br /> , �;,Y.,��r one Ciranto�,any Grantor dies aad Lender's security is advers�el affected;(g) pn3+ _
<br /> .�,s+.; � emineat dos�asin;(h) a jud�ment is filed ageinst Gransor a�d sub�ects Grantor and the Property to action that
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<br /> . :.r„,, a d v e r s e ly a€f e c t s I.e n d e r s snterest; or(i)a prlor lienholdes tocecloses on the Property and as a result,l.en er s
<br /> ',•:';�;�t, interest is advetsely affected.
<br /> °•���`' . �xecative Ot�cer�.Any Bonower is an execurive offi�er of Leader or aa aff'iliate aad such Boaower becomes
<br /> •� ��'�'s,��'' . indebted to Leader or anothar lender in an aggregate amov�t greater Waa the amount permitted uttder federal
<br /> Iaws and regulations.
<br /> 9 REMEDILS ON DEFAULT.In addition to any other ramedy available under the terms of t6is Security
<br /> Instrument. Bene�ciary tnny accelerate the Secured Debt�and foreclose th(s Securlty.Instrument in a manner
<br /> � :;,�'� � provided by !aw if Trustor is ui defaal�In some instanc�s,fe�desal and state law wlll requue BeneSciary to provide
<br /> � - �:.�::�r: Trusior wiiIls����af���t=��,�'r^t�pr no4ia�s attd mav eateblish time schedules for foucclostue actions
<br /> ��a;.� and may establish rime schedules for foreclosure actions.Each Tiustor requests a copy o2 any notice oi default euci
<br /> • , any notice mf ae�e thereunder be mailed to each Trustor at th�address provided in Secdon 1 above.
<br /> . . At the oprian of she Bene�ciary,all or any part of the ag�eed fees and chxrges,acxrued interest and principal she11
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<br /> :• _at;t;.:�' become wasbediataly due and payable,after givu�g notnce if reqianred by law,upon the o�xu�rcence of a defnult or
<br /> _.,,�f ti?;,,'�� • a�nytlme thereafter.
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<br /> �::ti�:-,,:•;�h.. If theie is a dafault,Trustee shall,at the request of the Heneficiary,adve�rttise and sell the Property as a�vhole or
<br />=i;,,,�:�_�;:k.,: separatB pa�cels at public auotion to the Wghest bidder�m.�ash aad convey absolute tide free and clear of all right, _
<br /> �:,,,�., . �:;. ti t le an�m�erest of Tr�stor at such tuue and place as Tzastee desagnates.Trustee shall give botice of sale includinII
<br />- the time,tern�s and place of sale aad a descnptton of the�trogert}r to be sold as required by the applicable law in
<br /> .,.T.°,,:;:.�, effect at the dme of the pmposed sale.
<br />'� •'�;��. Upon sale of the property and to t�e extent not proW'bnted by.law,Trustee shall make aad deliver a deed to the Propercy
<br /> _ ��`'"'" sold�vhich coaveys absolute title to the purchaser,aaal�ter fust paying a11 fees,charges and costs,shaU.pa�w
<br /> .:����:,� ' aizs taxes.insw:ance,liens,assessments aud prior eacumbranoes aad interest
<br /> -�s:sY��^� HeneSciary all moneys advanvod for rep , �
<br />_,���;�.`:`J,-�� the:ean,aad the priaapa�l and interest on the Seciued Deb�;pay�$the surplus,if any�to Trustor.�eneHdary maY .
<br /> ���:-`-"'��� urchase tt�e P[o�erty,The recitaLs in any deed of conveyance sLaii ba prIma facie evidence of the�cts set forth therein.
<br />`` '"--,.�� p ent c►n the Secured D�bt after We balance is
<br /> _`°""�'"�-" The acceptanc�by Beneficiary of any swn in payment oi p�atial PaYm
<br /> -°.-.��";, due or is accelerated or after foreclosure pmceedimm&g aae 51ad shall not constitute a waiver of Benefi�a�r's right to
<br />�10�*" reqnire coanplete cure of any e�dsting default.By not exercisin any reanedy on'iYustor's dafault.Bene�iciary does
<br />__�.�..,�a
<br /> ;,;;�,,,< not waive Heneficiary s right to later con�sider the even�a dea�i t if it happens again�.
<br /> °..`..`V.�': 10. EXPENSES;�VANCES ON COYEN�I�TI�,ATl'�I��t3'�ES;COp.LECiTON CtDS�S.If Trustor hreaches ,
<br /> T-,��� any covena�nt in th�s Security Instrumen�,TNStor agrees to pay all expenses Beneficiary incu:s in perfora�ing such
<br />-;A::�_sr,'�� covenants or protectiu�its security�othertw1'tns8 p�iech g�he Propert�y nand Benefiaary e securi �tie�.�'19�ese
<br /> ---:��*�:?�� incaned foi inspecting,Ptesen�ing
<br /> nring,
<br />��—_ -_-- exp�nses artlpayable on demand and wW bear interesi fnrom t9�a date of payment until paid jn fW1 at e highest rate of
<br /> .""�°,.:-� interest in e�ect as provided in the tetms of the Secured Deb�,'frustor a�ees to pa�r all oosts and expenses iacurced bY
<br />�:.:,��T. Benefldary in oollecting,enforciag or.protecting_Bene�CCiasy's rights aad remedies unde:thi�Securir Insnu�ment
<br />=�_ �; TYustee's fees,caurt aosts and other legal expenses.�o the extent ,
<br /> This amount may include.but is not lumited to, . '
<br /> f���f `� •: rmitted by the United States BaalQUptcy Code,'hv.stor�ageees to pay t�e reasonable attorneys fees Beneficiary . . _
<br /> -c-.'�:�::��,qr.j., a�aaus to cal[ect the Secunad Debt as awarded b�pany court exerc�sing jurisdictton under the Bankivptcy CodB.This , -
<br />;'��•,: +��::�i-�' ' Securdty Instrument shall�remain in effect until released.3Yustor agrees to pay for any recordation costs of such
<br /> - ..•�,�,�;.
<br /> - , release. 1)Eavironmental Lmw
<br /> - .. �, : 12, EIWIROi�U�1ENfAL LAWS AP1D HAZARDOU�S�JD�!�NCES.As�mp nsa��h'os.n�and 'Liabfllty Act(CERCLA, =-
<br />- - • • . means,without liatitation.tha Comprehensive Environmaental Resgonse, ___.
<br /> • 42 U.S.C. 9601 et seq.),and all oth$r federal.state a�d lacal laws,re�etio we��n eAO�onment or hazardous =
<br /> -_ . . general opinions or iaterpretive letters conoernimg the publlc healt6,
<br /> =__ � substauce: end�2�Hazardous Subst�ce�mea�anY�2������e����t nti lly d�ui erous to�the publtc
<br /> . �' COIIl8A3111dII1 WUIC11�til5 Cf18i'dClBIiStIGi �g «
<br /> . , health,safety,welfare or environment.The term inclastes�without lira�tation.any substances de ed as hazardous
<br /> __ ;'::,�-� material," "toxic substances,""hazardous waste"or"h�zardous substaace"under any Environnuental Law.
<br />---- -- Trustor represents,aacraacs and ag�G,«�a�:
<br /> � p. Except as previously disclosed aad ackaowledgec3 in wrtdng to BeneSciary,no Hazardous Substance is or wtll be _
<br /> located.stored or released on ox in the ProFverty. Th[s testciction dces nat apply to small quantities of _
<br /> ° Hazerdous Substanoes that are geaerally recogrsiied to be appropriate for the normal use and maintenance of _
<br /> th�Property ,
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