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<br /> B.All future advances from Beneficiary to Trustor or other future obligations of Trustor to Beneficiary under any
<br /> promissory note, contract, guaranty, or other evidence of debt executed by Trnstor in favor of Beneficiary executed
<br /> after this Socurity Instrument whether or not this Security Instrument is specifically referanced. If more than one
<br /> ,,persoa signs this Security Instrument, each Trastor agrees that this Secunty Instrument will secu;e all future ,
<br /> �ad�►�nces aad future obligations that�are gi�+en�W or in�curred by any'one br'more Ttvstor;oi any oae o'r ma�re Trustor.
<br /> ;and.others, All,future-advances a�d other�fnture oblig�taions.ara��ecured by this'Security Instrument even though all
<br /> or part may not yet be advanced. All futura,adva�s and athez�future c>bhpations'are secured as if made on the date
<br /> of this-Security Instrument.:Nc�thing,in this Security�<.I�shumonE,s�'cons�tute a commit�hent to'�ake additional or
<br /> future loans or advances in�ny�amouirt. Any':such commitment must,ba� to in a separate writing.
<br /> C.All obligations;Trustor owes to Beneficiary, which may later arisb, to�tent not prohibited by law, including,
<br /> but not hmited to, liabilities for overdrafts relating to any deposit account agreement between Trustor and
<br /> .Beneficiary.
<br /> D.All additional sums advanced and expenses incurred by Beneficiary for insuring, preserving or otherwise protsctit�
<br /> the Property and its value and any other sums advanced and expenses incurred by Beneficiary under the terms of th�s
<br /> Sacurity Instrument.
<br /> This Security Instrument will not secure any other debt if Beneficiary fails to give any required notice of the right of
<br /> rascission. .,
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<br /> 5. PAYMENTS. Trustor�agrees that ali paYments under the 5ecured D'ebt wilI be paid when due and in accordance with the
<br /> terms of the Secured Debt and this Secunty Inshument.
<br /> 6. WARRANTY OF T1TLE. Trustor warrants that Trustor is o� will be lawfully seized of the estate conveyeci by this
<br /> Security Instrun�ent s�d has the right to irtevar,�b�►s,�plt��.,," ;"ra�do��Prape�rty to Troetee,in tnist, with power of
<br /> sale. Trustor also warrants that tha 1��i�t��m�et'ed,`except for encumbrances of record.
<br /> 7. PRIOR SECURITY INTERESTS. With regard to any other mortgage, de�i of trust, security agreement or other lien
<br /> document that created a prior security interest or encumbrance on the Property,Trustor agrees:
<br /> A.To make all payments when due and to perforna or comply with all covenants.
<br /> B. To promp tly deliver to Beneficiary any nohces that Trustor receivas from the holder.
<br /> C.Not to allow any modification or extension of, nor to re4uest any future advances under any note or agre�ment
<br /> secured by the lien document without Beneficiary's prior wntfen consent.
<br /> 8. CLAIMS AGAINST TI1'LE.Trusto�will pay�1T taxes,assessments,��liens, encumbraaces, lease paYments, grou�"rents,
<br /> uatia�, and other eharges relating to.the Property when due. Beneficiary�may rec�ttiare;Trustor to provide to"Beneficiary
<br /> copies of all notices that such amounts aze due and the receipts evidencing Trustor s psyment. Ttvstor will defend title to
<br /> the Pro�erty against any claims that would impair the lien of tlus Security Instrument. Tnistor agrees to assi�n� to
<br /> Beneficiary, as rec�uested b�Beneficiary, any nghts, claims or defenses Trustor may have again4t parties who supply labor
<br /> or materials to mamtain or improve the Property.
<br /> 9. DUE ON SALE OR ENCUMBRANCE. Beneficiary may, at itsoption,declare the entire balance of the Secured Debt to
<br /> be immediately due and payable upon the creation of, or contract for the creation of, any lien,eacumbrance, transfer or �
<br /> sale of the Pmperty. This nght is sub�ect to tlie restrictions imposed by federal law (12 C.F.R. 591), as applicable. This
<br /> covanant shall run with the Property and shall remain in eff�t until the Secured Dabt is paid in full and this Security
<br /> Instrument is released.
<br /> -- .10. PROPERTY CON3HTIOPd; �����`i����'��: T�t�ir vvi11 ke.e,p the Pi+oparty in�ood condition--
<br /> and make all r�a�s that are rea.sonabi�p necessary. Tiustor shall noC commit or allow any waste, impairment, or
<br /> deterioration of the Property Trustor wili keep the Property free of noxious weeds and grasses. Trustor agrees that the
<br /> nature of the occupancy and use will not substantially change without Beneficiary s prior wnttan consent. Ttvstor will not
<br /> permit any change in an license, restrictive covenant or ease�nt without Beneficiary's prior written consent. Trustor will
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<br /> npo�rBeneficiary of demands, proceedings, claims, and actions against Tnistor, and of any loss or damage to the
<br /> Beneficiar�r or Be�ficiary's agents may, at Beneficiary's option;.entar the Property at any reasonable time for the�urpose
<br /> of inspechng the Property. Beneficiary shall give Trustor nohce at the ti� of or before an'inspectionspecify mg a
<br /> reasonable urpose for the in�pection. ,Any inspection:of the Property,shall be entirely for Be ficiary's benefit and
<br /> Trustor��in no way rely on Beneficiary's inspection.
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<br /> 11. AUTHORITY TO PERFORM. If Trustor fails to perform any duty or any of the covenants contained in this Security
<br /> Instrument, Beneficiary may, without notice, perform or cause them to.bepe rforme�i. Trustor a�points Beneficiary" as
<br /> attorney in fact to sign Trustor's name or pay any amount_�essary for performance. Beneficiary s rlght tope rform far
<br /> Trustor shall not create an obligation'toperform, and Beneficiary's failure to perform will not preclude Beneficiary from
<br /> exercising any o f B ene ficiary's o t her ri g h t s u n der t he law or this Security Instrument. If any construction on tha Proparty
<br /> is discontinued or not carned on in a reasonable manner, Beneficiary may take all steps necessary to protect Beneficiary's
<br /> security interest in the Property, i�luding completion of the construction.
<br /> 12. ASSIGNMENT OF LEASFS AND RENTS. Trustor irrevocably grants, comeys and sells to Trustee, in trust for the
<br /> benefit of Beneficiary, as additional security all the right, title and interest m and to any and all existing ar future leases,
<br /> subleases, and any other written or verbal agreements for the use and occupancy of any rtion of the Property, includiag
<br /> any extensions, renewals, modifications or substitutions of such agreements(all refe�to as "Lea.4es") and rents, issues
<br /> and pmfits (all referred to as "Rents"). Trustor will promptly provide Benefici with true and corre�t cop ies of all
<br /> T,eases, Trustor may,collect, �receive, en�oy�cL use;the Rents so�ong a�Trustor is:�ot in defi�`�der .4 w
<br /> the terms ���i':d�it3r Ynstrument.
<br /> Trustor acknowledges that tlus assignment is perfected upon the recording of this DeEd of Trust and that Beneficiary is
<br /> entitled to notify any of Trnstor's tenents to make �ayment of Rents due or to become due to $eneficiary. However,
<br /> Beneficiary agrees that only on default will Beneficiary notify Trustor and Trustor's tenants and make demand that all
<br /> future Rents be paid directly to Beneficiary. On receiving notice of default, Trustor will endorse and deliver to Beneficiary
<br /> anypayment of Rents in Trustor's possession and will receive any Rents in trust for Beneficiary and will not commingle
<br /> the Rents with any other funds. Any amounts collected will beapplied as provided in tlus Secwity Instrument. Trustor
<br /> warrants that no default exists under the Lea.ses or any applicable laudlord/te�nt law. Trustor also agrees to maintain and
<br /> raquire any tenaat to comply with the terms of the I.eases and applicable law.
<br /> 13. LEASEHOLDS; CONDOMINIUMS• 'PLANNED UNiT, DEVELOPMEIVTS. Tnistor agrees to'.co ly with flie
<br /> provisions`of.any lease'if tlus Security'�nstru�ent is on a'Teas+ahold. If the rty inclucle,s a uiut in a co�mmtum or'a
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<br /> planned unit development, Trustor will perform all of Trustor's duties�er covenants, by-laws,or regulations of the
<br /> condomiinium or�lantted'unit development. . `
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