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200402069 3, MAXIMUM OBLIGATION LIMIT. The total principal amount secured by this Security Instrument at any one time shall not c.vcced s_.`.-i.,.S.C:X'. ?. = ........................ This limitation of amount does not include interest and other fees and charges validly made pursuant to this Security Instrument. Also, this limitation does not apply to advances made under the terms of this Security Instrument to protect Beneficiary's security and to perform any of the covenants contained in this Securuy Instrument. 3. SECURED DE.RT AND FUTURE ADVANCES. The term "Secured Debt" is defined as follows: A. Debt incurred coder the terns of all promissory nole(s), contract(s), guaranty(s) or other evidence of debt described below and all their extensions, renewals, modifications or substitutions. (You must specifically identify the debt(s) dccra'v1 and you should Include the foal maturity date ofsuch debt(s).) B. All future advances from Beneficiary to Truster or other future obligations of Truslor to Beneficiary under any promissory note, contract, guaranty, or other evidence of debt execuled by Trustor in favor of Beneficiary after this Security Instrument whether or 1101 this Security hnshmmenl is specifically referenced If more than one person signs this Security In lumen., eaclh Truslor agrees flat (his Security Instrument will secure all fuhue advances and future obligaliot[s that are given to or incurred by any one or more Trusmr, or any one or more Trustor and others. All finurc advances and niher future obligations are secured by this Security hnstrunnenl even though all or part may not vet fe advanced. All future advances and other future obligations are secured as if made on the date of [his Security Imo tinvnt. Nothing in this Security Instrument shall constitute a commitment to make additional or future loans or advancs in ary amount Any such commitment must be agreed to in a separate writing. C. All other obligations Truslor owes to Beneficiary, which may later arise, to the extent not prohibited by law. including. but not limited to, liabilities for overdrafts relating to any deposit account agreement between Trustor and Beneficiary. D. All additional sums advanced and expenses incurred by Beneficiary for insuring, ppreserving or otherwise protecting the Propeny and its value and any other sums advanced and expenses incurred by Eeneftciary under the terms of this Security Instrument. In (lie event that Betefici;uy fails to provide any necessary notice of the right of rescission with respect to any additional f ldchmdness secured under paragraph B of this Section. Beneficiary waives any subsequent Security interest in the Trtulot s principal dwelling that is created by this Security hislrutnen( (but does trot waive Ilse security interest for the debts rcfc rll ed in paragraph A of this Section), 5, DEED 01= TRUST COVENANTS. Truslor ak�tees that the co•aenants In this section are material obligations under the Smnucd Duht and this Seuuily LlstrumenL 1( Truslor breaches any covenant in this section. Beneficiary may refuse to make addilimtal extensions o credit and reduce the credit limit. By not exercising either remedy on Trustor's breach. BcueI!c1t"y does not waive Beneficiary's right to Ialer consider the even a breach if ll Imppens again. Payments. Trt¢tm agrees that all payments under the Secured Del( will be paid when due and in accordance with (lie Icrms of the .Se ill ed Dcht and This Security Instrument. Pr9or Sccu r i I y Interests. I•%'II II Ivgad I ary o uer not lgage, deed of oust. securfly agreement or other lint ducumen( IhaI crcahcd a prior security interest ur encumbrance an [lie Property, Truslor agrees to make all payments when due and m perfmnl or comply with all covenems. 11ostm also agrees not to allow any modification or extension of, nor to request anv fmuue advances under any nose or agicemout secured by the lien document without Beneficiary's filter written approval. Claims Aooinst "title. Truslor will pay all faxes (including any tax assessed to this Deed of Trust), assessments. liens. encumbrances, lease payments, ground rents, utilities, and other charges relating 10 (lie Propeny when due. Beneficiary may require Trustor to provide to Beneficiary copies of all notices Thal such amounts are tine and the receipts evidencing Trustor's payment. Truslor will defend title to the Property against any claims that would impair lire lien of (his Security Instrmncnl. Trustor agrees to assifn to Beneficiary. as requested by Beneficiary, any rights, claims or defenses Troller finny hove agaiusl [),I lie, who supp y labor or materials to mainein or improve the Properly. Property Condition, Alterations and Inspection. Truster will keep (lie Property in good condition and make all repairs that are reasonably necessary. Truslor shall not commit or allow any waste, f njuinnent, or deterioration of Cite Properly. 'I 'I i stor agrees this the nature of the occupancy and use will 1101 substantially change without Beneficiary's prior wrten couscwn Trustor will not perunil any change in any license, restrictive covenant or Casement without Beneficiary's prior %5ntwn consent. Tnulur will notify Beneficiary of all demandl proceedings, claims, and actions against Truslor, and of any loss or janliv to die Property. 5089516 (pa e 2 of 6) mO.05 Sy'—, i nf.. 51 _ Cmua, MN rem USrrCP -0i.NE 91512W