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20030,3368
<br />B. All future advances from Beneficiary to Torsion or other future obligations of Trustor to Bcnefieiary under any
<br />promissory note, contract, guaranty, nr other evidence of debt meauted by Trustor in favor of Beneficiary after this
<br />Security Instrument. whether or not this Security Instrument is s ecifically referenced. If more (ban one person signs
<br />this Security Instrument, each'I'mstor agrees that this Security Instrument will secure all future advances and future
<br />obligations that are given to or incurred by any one or more Trustor, or any one or more 'Trustor and others. All
<br />future advances and other future obligations are secured by this Security Instrument even though all or pan may not
<br />yet be advanced. All future advances and other future obligations are secured as if made on the date of this Scanty
<br />Instrument_ Matting in (his Security Instrument shall constitute a commitment to make additional or future loans or
<br />advances in any amount. Any such commitment must be agreed to in a separate writing.
<br />C. All other obligations Truster owes to Beneficiary, which tray later arise, to the extent not prohibited by law,
<br />including, but not Booted to, liabilities for overdrafts relating to any deposit account agreement between Truster and
<br />Bcucficrmy.
<br />D -AII additional sums advanced and expenses incuaed by Beneficiary for insuringg preserving or otherwise protecting
<br />the Property and its value and any other sows advanced and expenses incuaed by Beneficiary under the terms of this
<br />Security Instrument.
<br />m the event that Beneficiary fails nn provide any necessary notice of the right of rescission with respect in any additional
<br />indebtedness secured under paragraph B of this Section, Beneficiary waives any subsequent security interest in the
<br />Truslmfs principal dwelling that as created by this Security Instrument (but does not waive the security interest for the
<br />debts re ferenced in paragraph A of this Section).
<br />5. DEED OF TRUST COVENANTS. Torsion agmcs that the covenants in fit, section are material obligations under the
<br />Secured Debt and this Secury lustrunu ]f Tmslor breaches anyy covenant in this section, Beneficiary may refuse to
<br />make uldmm�al extensions otycredit and reduce the credit limit liy not exercising either remedy on 'torsion's breach,
<br />Beneficiary does not waive Beneficiary's right to later consider the event a breach if it happens again.
<br />Payments. Trustor aii,�,rew that all payments under the Secured Debt will be paid when due and in accordance with the
<br />moos of the Secured Pebt and this Security Instrument.
<br />Prior Security Interests. With regard to any other mortgage, deed of trust, security agreement or other lien document that
<br />created a prior security interest or encmnbrance on the Property, Trustor agrees to make all payments when due and m
<br />perform or comply with all covenants. Trustor also agrees out to allow and, or extenaton of, nor to request
<br />any future advances under any note or agreement secured by the lien document without Beneficiary's prior written
<br />approval.
<br />Claims Against Title. Truster will pay all taxes (including any tax assessed to this Deed of Torso, assessments, liens,
<br />encmnbrances, lease payments, ground runts, utilizes, 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 receipts evidencing
<br />Trustor s payment 'Trustor will defend title to the Property against anyy claims that would impair the lien of this Security
<br />Instrument. Tmsmr agrees w assign to Beneficiary, as requested by Beneficia , any rights, chunis ur defense, Truster
<br />may have against parties who supply labor or materials to mtamtac or art inve the Properly.
<br />Property Condition, Alterations and tnspection. 'Trustor will keep the Property in good condition and make all repairs
<br />that are reasonably necessary. Trustor shall not commit or allow any waste, impairment, or deterioration of the Property.
<br />Tmslor agrees that the nature of the occupancy and use will not substantially change without Beneficiary's prior written
<br />consent Trustor will not permit any change in any license, restrictive covenant or easement without Beneficiary's prior
<br />written consent. Trustor will notify Beneficiary of all demands, proceedings, claims, and actions against Trustor, and of
<br />any loss or damage to the Property.
<br />Beneficiary or Beneficiary's agents may, at Beneficiary's option, enter the Property a< any 'emonablc time for the purpose
<br />of iuspectmg the Property. Beneficiary shall give Trustor notice at the time of nr before an inspection specitTing a
<br />reasonable purpose for the inspection. Any inspection of the Property shall be entirety for Beneficiary's benefit and
<br />Trustor will in no way rely on Beneficiary's inspection.
<br />Authority to Perform. If Trustor fails to perform any duty or any of the covenants contained in this Security Instrument,
<br />Beneficiary may, without notice, perComt or cause them to be performed. Trustor appoints Beneficiary as attorney in fact
<br />to sign Trustor s name or ay any amount necessarryy for performance _ Beneficiary's right to perform for Trustor shall not
<br />cream xa obligation to perform, and Beneficiary's faimre to perform will not preclude Beneficiary from exercising any of
<br />Beneficiary's other rights under the law or this Security Instrument.
<br />Leaseholds; Condominiums; Planned Unit Developments. 'I'mstor agrees to comply with the previsions of any lease if
<br />this Security Intantl ant is on a IeasehoW. If the Progeny includes a unit m a condominium or a planned unit development,
<br />Trustor will perform all of '1'msto� s duties under the covenants, by -laws, or regulations of the condominium or planned
<br />unit developmem.
<br />Condemnation. Trustor will give Beneficiary prompt notice of any pending or threatened action, by private or ppublic
<br />cntizcs to purchase or lake any or all of the Property through condemnation, eminent domain, or any otheo means. Trustor
<br />authorizes Beneficiary to intervene in Tmstor's name in any of the above described actions or claims. Trustor assigns m
<br />Beneficiary the proceeds of any award or claim for damages . connected with a condemnation or other taking of all or any
<br />Pn an of the Property. Such proceeds shall be considered payrncros and will he applied as provided in this Security
<br />uwnett. This assignment of pracccds is subject to the terms of any prior mortgage, deed of trust, security agreement or
<br />other lien doctrinal
<br />Insurance. Trustor shall keep Property insured against loss by fire, hood, theft and other hazards and risks reasonably
<br />associated with the Progeny due to its type and location. This insurance shall he outmanned in the amounts and for the
<br />periods that Beneficiary requires. What Trustor requires pursuant to the preceding sentence can change during the term of
<br />the loan. The insurance cannier rovidt the insurance shall be chosen by Truster subject to Beneficiary s %pmval, which
<br />shall not he unreasonably withheld. if 'Tmsmr fails to maintain the coverage described above, Benefimary may, at
<br />Beneficiary's option, obtain coverage to protect Beneficiary's rights in the Property according m tht terms of (his Security
<br />Instrument.
<br />All insurance policies and renewals shall be acceptable to Beneficiary and shall include a standard "mortgage clause" and,
<br />where applicable, "loss payee clause." Trustor shall immediately not Beneficiary of cancellation or termination of the
<br />insurance. Beneficiary shall have the right to hold the policies an renewals. if Beneficiary requires, Trustar shall
<br />unmediately give to Beneficiary all receipts of paid Invariant, and renewal notices_ Upon loss, Trustor shall give
<br />immediate notice to the insurance carrier and Bcncfciary _ Beneficiary may make proof of loss if not made immediately by
<br />Trustor.
<br />Unless otherwise agreed in writing, all insurance pproceeds shall be applied to the restoration or repair of the Property or to
<br />the Secured Debt, whether or not then due, at Renefimary', option_ Any application of proceeds to principal shall not
<br />extend or postpone the due date of the scheduled payrncur nor change the amount of any payment. Any excess will be paid
<br />to the Trustor. If the Property is acquired by Beuefficiary , Imsmr's right to any insurance policies and proceeds resulting
<br />front danage fin the Property before the acgmsition shall pass to Beneficiary to the extent of tic Secured lJuht immediately
<br />htfmre the acquisition
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