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20241) 1 225 <br />incurred either individually or with others who may not sign this Security Instrument. Nothing <br />in this Security Instrument constitutes a commitment to make additional or future loans or <br />advances. Any such commitment must be in writing. <br />(D)A11 additional sums advanced and expenses incurred by Beneficiary for insuring, preserving <br />or otherwise protecting the Property and its value and any other sums advanced and expenses <br />incurred by Beneficiary under the terms of this Security Instrument. <br />4. Limitations on Cross -Collateralization. The Security Instrument is not secured by a <br />previously executed security instrument if a non -possessory, non -purchase money security interest <br />is created in "household goods" in connection with a "consumer loan," as those terms are defined by <br />federal law governing unfair and deceptive credit practices. The Security Instrument is not secured <br />by a previously executed security instrument if Lender fails to fulfill any necessary requirements or <br />fails to conform to any limitations of the Real Estate Settlement Procedures Act (Regulation X) that are <br />required for loans secured by the Property or if, as a result, the other debt would become subject to 10 <br />U.S.C. 987 (the `Military Lending Act"). <br />The Security Instrument is not secured by a previously executed security instrument if Lender fails to <br />fulfill any necessary requirements or fails to conform to any limitations of the Truth in Lending Act <br />(Regulation Z) that are required for loans secured by the Property. <br />5. Payments. Trustor agrees that all payments under the Secured Debt will be paid when due and in <br />accordance with the terms of the Secured Debt and this Security Instrument. <br />6. Warranty of Title. Trustor warrants that Trustor is or will be lawfully seized of the estate <br />conveyed by this Security Instrument and has the right to irrevocably grant, convey and sell <br />the Property to Trustee, in trust, with power of sale. Trustor also warrants that the Property is <br />unencumbered, except for encumbrances of record. <br />7. Prior Security Interests. With regard to any other mortgage, deed of trust, security agreement <br />or other lien document that created a prior security interest or encumbrance on the Property, Trustor <br />agrees: <br />(A)To make all payments when due and to perform or comply with all covenants. <br />(B) To promptly deliver to Beneficiary any notices that Trustor receives from the holder. <br />(C)Not to allow any modification or extension of, nor to request any future advances under any <br />note or agreement secured by the lien document without Beneficiary's prior written consent. <br />8. Claims Against Title. Trustor will pay all taxes, assessments, liens, encumbrances, lease <br />payments, ground rents, utilities, and other charges relating to the Property when due. Beneficiary <br />may require Trustor to provide to Beneficiary copies of all notices that such amounts are due and the <br />receipts evidencing Trustor's payment. Trustor will defend title to the Property against any claims that <br />would impair the lien of this Security Instrument. Trustor agrees to assign to Beneficiary, as requested <br />by Beneficiary, any rights, claims or defenses Trustor may have against parties who supply labor or <br />materials to maintain or improve the Property. <br />9. Due on Sale or Encumbrance. Beneficiary may, at its option, declare the entire balance of the <br />Secured Debt to be immediately due and payable upon the creation of, transfer or sale of all or any part <br />of the Property. This right is subject to the restrictions imposed by federal law, as applicable. <br />V01.11.30414 <br />Deed Of Trust Closed End -NE <br />® 2023 Wolters Kluwer Financial Services, Inc. 10/2023 <br />AU rights reserved. 24.1.0.5467-J20231222N Page 3 of 9 <br />