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<br />Beneficiary or Beneficiary's agents may, at Beneficiary's option, enter the Property at any resonabie time for the purpose of
<br />inspecting the Property. Beneficiary shall give Truster notice at the time of or before an inspection specifying a reasonable purpose
<br />for the inspection. Any inspection of the Property shall be entirely for Beneficiary's benefit and Tmstor will in no way rely on
<br />Beneficiary's inspection.
<br />Authority to Perform. If Toaster fails to perform any duty or any of the covenants contained in this Security Instrument,
<br />Beneficiary may, without notice, perform or cause them to be performed. Toaster appoints Beneficiary as attorney in fact to sign
<br />Truster's time or pay any amount necessary for performance. Beneficiary's right to perform for Truster shall not create an
<br />obligation m perform, and Beneficiary's failure to perform will not preclude Beneficiary from exercising any of Beneficiary's other
<br />rights under the law or this Security Instrument.
<br />Leaseholds{ Condominiums; Planned Unit Developments. Toaster agrees to comply with the provisions of any lease if this
<br />Security Instrument is on a leasehold. If the Property includes a wit in a condominium or planned unit development, Truster will
<br />perform all of Tmstor's duties under the covenants, by-laws, or regulations of the condominium or planned unit development.
<br />Condemnation. Toaster will give Beneficiary prompt notice of any pending or threatened action, by private or public entities to
<br />purchase or take any or all of the Property through condemnation, eminent domain, or any other mews. Toaster authorizes
<br />Beneficiary to intervene in Toaster's name in any of the above described actions or claims. Tmstor assigns to Beneficiary the
<br />proceeds of any award or claim for damages connected with a condemnation or other taking of all or any part of the Property. Such
<br />proceeds shall be considered payments and will be applied as provided in this Security Instrument. This assignment of proceeds is
<br />subject to the terms of any prior mortgage, deed of trust, security agreement cr other lien daturrom. 17384
<br />Insurance. Tmstor shall keep Property insured against loss by fire, flood, theft and other hazards and risks reasonably associated
<br />with the Property due to its type and location. This insurance shall be maintained in the amounts and for the periods that
<br />Beneficiary requires. The insurance carrier providing the insurance shall be chosen by Tmstor subject h, Beneficiary's approval,
<br />which shall not be unreasonably withheld. If Toaster fails to maintain the coverage described above, Beneficiary may, at
<br />Beneficiary's option, obtain coverage to protect Beneficiary's rights in the Property according to the terms of this Security
<br />Instrument.
<br />All insurance policies and renewals shal I he acceptable to Beneficiary and shall include a standard ",nor gage clause" and, where
<br />applicable, "loss payee clause." Tmstor shall immediately notify Beneficiary of cancellation or termination of the insurance.
<br />Beneficiary shall have the right to hold the policies and renewals. If beneficiary requires, Tmstor shall immediately give to
<br />Beneficiary all receipts of paid premiums and renewal notices. Upon loss, Tmsmr shall give immediate notice to the insurance
<br />carrierand Beneficiary. Beneficiary may make proof of loss if not made immediately by Tmstor.
<br />Unless otherwise agreed in writing, all insurance proceeds shall be applied to the restoration or repair of the Property or to the
<br />Secured Debt, whether or not then due, at Beneficiary's option. Any application of proceeds m principal shall not extend or
<br />postpone the due date of the scheduled payment nor change the amount of coy payment. Any excess will be paid to the Tmstor. If
<br />the Property is acquired by Beneficiary, Truster's right to any insurance policies and poncemis resulting from damage to the
<br />Property before the acquisition shall pass to Beneficiary to the extent of the Secured Debt immediately before the acquisition.
<br />Financial Reports and Additional Documents. Tmstor will provide to Beneficiary upon request, coy financial statement or
<br />information Beneficiary may deem reasonably necessary. Tmstor agrees to sign, deliver, and file any additional documents or
<br />certifications that Beneficiary may consider necessary to perfect, continue, and preserve Tmstor's obligations under this Security
<br />Instrument and Beneficiary's lien stems on the Properly.
<br />6. WARRANTY OF TITLE. Tmstor warrants that Truster is or will be lawfully seized of the estate conveyed by this Security
<br />Instrument and has the right to irrevocably grant, convey, and sell the Property to Trustee, in tmsf, with power of sale. Tmstor also
<br />warrants that the Property is unencumbered, except for encumbrances of record.
<br />7. DUE ON SALE. Beneficiary may, at its option, declare the entire balance of the Secured Debt to be immediately due and payable
<br />upon the creation of, or contract for the creation of, a transfer or sale of the Property. This right is subject to the restrictions
<br />imposed by federal law (12 C.F.R. 591), as applicable,
<br />8. DEFAULT. Tmstor will be in default ifmy ofthe following occur:
<br />Fraud. Any Consumer Borrower engages in fraud or material misrepresentation in connection with the Secured Debt that is an
<br />open end home equity plan.
<br />Payments. Any Consumer Borrower on coy Secured Debt that is an open end home equity plan fails to [Hake a payment when due.
<br />ExpereTM 01994 Bankers Systems, Ina, Sr Cloud, NIN Form USBOCP -DT -NE 9/52001 (page 3 of6)
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