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<br />B. All ]inure advances from Beneficiary to Trustor or other future obligations of Trustor to Beneficiary under any
<br />promissory note, conhaa, guaranty, or other evidence of debt executed by Truslor in favor of R:ncficimy
<br />executed after this Security Instrument whether or nut this Security instrument is specifically referenced. If more
<br />than one person signs this Security Instrument, each Trustor agrees that this Security Instrument will secure all
<br />future advances and future obligations that are given to or incurred by any one or more Trustor, or any one or
<br />more Trustor and others. All future advance, and other future obligations are secured by this Security Instrument
<br />even though all or part play not yet be advanced. All future advances and other future obligations are secured as if
<br />made oat the date of this Security Instrument. Nothing in this Security Instrument shall constitute a commitment to
<br />make additional or future loans or advances in any amount. Any such commitment must be agreed to in a separate
<br />writing.
<br />C. All other obligations Truslor owes to Beneficiary, which may later ariso, to the extent not prohibited by law,
<br />including, hum not limited to, liebililics for ovcrdra6-s relating to any deposit account agreement between Trustor
<br />and Bcncliciary_
<br />D. All additional suns advanced and expenses incurral by Beneficiary for insuring, preserving or otherwise
<br />Protecting the Property and its value and any other sums advanced and expenses incurred by Beneficiary under the
<br />terms of this Security Instrument.
<br />In the event that Beneficiary fails to provide any necessary notice of the right of rescission with respect to any additional
<br />indebtedness ,secured under paragraph B of this Section, Beneficiary waives any subuxlucnt security interest in the
<br />r raslor's principal dwelling that is created by this Security Instrument (but does not waive the security interest for the
<br />debts rel rencod in paragraph A of this Section).
<br />5. DEED ON' TRUST COVENANTS. Trustor ai�,cm (bar the ewcnants in this section are material obligations under the
<br />Secured Debt and this Security instrument. If Trustor breaches any covenant in this section, Beneficiary may refuse to
<br />make additional extensions of credit and reduce the credit limit. By not exercising either remedy on Truslor's breach,
<br />Recoi ary does not waive Beneficiary's right to later consider the event a hioach if it happens again.
<br />Payments. Truslor agrees that all payments under the Secured Debt will be paid when due and in accordance with the
<br />terms of the Secured Debt and this Security Instrument.
<br />Prior Security Interests. With regard to any other mortgage, deal of trust, security agreement or other lien document
<br />that create(] a prior security interest or encumbrance on the Property, Trustor agrees to make all payments when due and
<br />to perform or comply with all covenants. Trustor also agrees not to allow any modification or extension of, nor to
<br />request any future advances under any note or agreemau ae9re'd by the lien document without Beneficiary's prior
<br />writicn approval.
<br />Claims Against Title. Truslor will pay all taxes (including any tax assessed to this Deed of Trust), assessments, liens,
<br />encumbrances. lease payments, ground rents, utilities, and other charges relating to the Property when due. Beneficiary
<br />may require Trustor ro provide to Beneficiary copies of all nude, that such amounts are due and the receipts evidencing
<br />Trustor 's payment_ Trustor will defend title to the Property against any claims that would impair the lien of this
<br />Security Instrument. Trustor agrees to assign to Beneficiary, as requested by Beneficiaryy, any rights, claims or defenses
<br />Trustor may have against parties who supply labor or malerlaN Io maintain or improve the Property.
<br />Property Condition, Alterations and Inspection. Trustor will keep the Property in good condition and make all
<br />repairs that arc ICaamahly necessary. Trustor shall not commit or allow any waste, impairment, or deterioration of the
<br />Property. 'Trustor agrees that the nature of the occupancy and use will not substantially change without Beneficiary's
<br />prior written consent Trustor will not permit any change in any license, restrictive covenant or easement without
<br />Beneficiary's prior written consent. Trustor will notify Beneficiary of all demands, proceedings, claims, and actions
<br />against 'I rush r, and of any loss or damage to ]he Pnoperty-
<br />Beneiciary or Beneficiary's agents may, at Beneficiary's option, enter the Properly al any reasonable time for the
<br />purpose of inspecting the Property. Beneficiary shall give Trustor notice at the time of or before an inspection
<br />specifying a reasonable purpose for the inspection. Any inspection of the Property shall be entirely for Beneficiary's
<br />benefit and 'fnrslur 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
<br />Instrument. Renenciary may, without notice, perform or cause them to be performed. Trustor appoints Beneficiary as
<br />attorney in fact lu sign Trustor s name or pay any amount necessary for performance. Beneficiary's right In perfnrm for
<br />Trustor shall not create an obligation to perform. and Beneficiary's failure to perform will not preclude Beneficiary
<br />from exercising any ul Beneficiary's other rights under the law or this Security Instrument.
<br />Leaseholds; Condominiums; Planned Unit Developments. Trustor agrees to comply with the provisions of any lease
<br />if this Security Instrument is on a leasehold If the Properly includes a unit in a condorniniunt or a planned unit
<br />development, Trustor will Iwrfnrm all of Trushs's duties under the covenants, by-laws, or regulations of the
<br />emdontiniani or planned unit development.
<br />Condemnation. Trustor will give Beneficiary prompt Police of any pending or threatened action, by private or public
<br />endure, to parehir, tar once any or all of the Property through condemnation. eminent domain. or any other means.
<br />Trustor authorizes Bcncliciary to intervene in 'frustor's name in any of the above described actions or claims. Trustor
<br />assigns to Beneficiary the proceeds of any award or claim for damages connected with a condemnation or other taking of
<br />all or nary part of the Property. Such proceeds shall be considered payments and will be applied as provided in this
<br />Security huarumrnt_ This assignment of proceeds is subject In the terms of any prior mortgage, deed of trust, security
<br />agiccsnenl or other lien duwntent.
<br />Insurance. Trustor shall keep Property insured against loss by fire, Bocall, theft and other haxanls and risks reasonably
<br />associated with the Property due Io its type and location. This insurance shall Ix maintained in the amounts and for the
<br />periods that Beteficiary requires. The insurance carrier providing the insurance shall he chosen by Trustor subject to
<br />Beneficiary's approval, which shall not he unreasonably withheld If Trustor fails to maintain the coverage described
<br />above, Beneficiary may. al Bcncfociary's option, obtain coverage to protect Beneficiary's rights in the Property
<br />acaxding to the term, of this Security Instrument.
<br />All insurance politics and renewals shall be acceptable to Beneficiary and shall include a standard "Himlgagc clause"
<br />and. where optic icahIc, 'loss payee clauu;." Trustor shall immediately notify Beneficiary of cancellntion or termination
<br />of the insurance. Beneficiary shall have the right to hold the policies and renewals- If Beneficiary requires, Trustor shall
<br />immediately give to Beneficiary all receipts of paid premiums and renewal notices. Upon loss, Trustor shall give
<br />immediate notice In the insurance carrier and Beneficiary. Beneficiary may make proof of loss if not made immediately
<br />by Trustor.
<br />Unlexs otherwise agaud in writing, all insurance proceeds shall be applied to the restoration or repair of the Property or
<br />to the Secured Debt, whether or not then due, at Beneficiary's option. Any application of proceeds to principal shall not
<br />extend or postpone the due dam of the scheduled payment nor change the amount of any payment. Any excess will be
<br />paid to the Trustor. If the Piopeny is acquired by Beneficiary, Trustor's right to any insurance policies and proceeds
<br />resuhing from damuec to the Property before the acquisition shall pass to Beneficiary m the extent of the Secured Debt
<br />Immediately below Ih ncquisiti tan.
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<br />10- C465(NE) ^tarr;.rn
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