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zuo2u*1A5s R_ All future advances from Beneficiary In Truster or other future obligations of Truster to Beneficiary under any promissory note, contract, guaranty, or other evidence of debt executed by Trustor in favor of Benetimary executed after this Security Instrument whether or not this Security Instrument is specifically referenced. If more than one person signs this Security Instrument, each Truster agrees that this Security instrument will secure all future advances and fiuture obligations that are given to or incurred by any one or more Truster, or any one or more Trustor and others. All future advances and other future obligations are secured by this Security instrument even though all or part may not yet be advanced. All future advances and other future obligations are secured as if made on the date of this Security Instrument. Nothing in this Securtty Instrument shall constitute a commitinent to rake additional or future loans or advances in any amount. Any such commitment most be agreed to in a separate writing. C All obligations Trustr owes to Beneficiary, which may later arise, to tee extent not prohibited by Inv. including, but not limited to, liabilities for overdrafts relating to airy deposit account agreement between Trustot mud Beneficiary. D. All additional sums advanced and expenses incurred by Beneficiary for insuring, preserving or otherwise protecting the Property and its value and any other sums advanced and expenses incurred by Beneficiary under the icons of this Security Instrument, This Security Instrument will not secure any other debt if Beneficiary fails to give any required notice of the right of resel5alon. 5. PAYMENTS. 'truster agrees that all payments under the Secured Debt will be paid when due and in nccordance with the terms of the Secured Debt and this Security Instrument 6. WARRANTY OF TITLE. Trusts- warrants that Trustor is or will be lawtrlly seized of die estate cone eyed by this Security hisnument and has the right to irrevocably giant, convey, and sell the Property to Trustee. in trust with power of sale. 7tumm also warrants that the Property is unencumbered, except for encumbrances of retold_ 7. PRIOR SECURITY INTERESTS. With regard to any otter mortgage, deed of trust, security agreement or other lien document that created a prior security interest Or encumbrance on the Property, Trustor agrees A. TO make all payments when due and to perlinm or comply with all covenants. B. To plain deliver to Beneficiary any notices that Trustor receives from the holder. C. Not to allow any modification or extension of, nor to request any future advances under any note or agreement secured by the lien document without Beneficiary's prior written consent. S. CLAIMS AGAINST TITLE. Trustor will pay all taxes, assessments, liens, encumbrances, lease payments ground rents, utilities, and other charges relating to the Property when due. Beneficiary may require Trustor to provide to Renerciary copies of all notices that such amounts are due and the receipts evidencing Trustor's payment. Trustor will defend title to the Property against any claims that would impair the lien of this Security Instrument. Trustor agree to assign to Beneficiary, as requested by Beneficiary, any rights. claims or defenses Truster may have against parties who supply"lahur or materials to maintain or improve the Property. 9. DUE ON SALE OR ENCUMBRANCE. Beneficiary may, at its option, declare the entire balance of the Secured Debt to be immediately due and payable upon the creation of, or contract for the creation of, any lien, encumbrance. tranafcr or sale of the Property. This right is subject to tire lestitchons imposed by federal law (12 CF.R..591), as applicable. This covenant shall run with the Property and shall remain in effect until the Secured Debt is paid in full and this Security Instrument is released. 10. PROPERTY CONDITION, ALTERATIONS AND INSPECTION. Trustor will keep the Property in good condition and make all repairs that are reasonably necessary, Trustor shall not commit or allow any waste, impoirrnent or deterioration of the Property. Trustor will keep the Properly fi'ee of noxious weeds and grassca. Trustor agrees that the nature of the occupancy and use will not substantially change without Beneficiary's prior written consent Trustor will not permit any change in any license, restrictive covenant or easement without ReneficialVe prier written consent. Trustor will nottfy Beneficiary of all demands, proceedings, Hours. and actions against Trustor, and of any loss or damage to the Property Beneficiary Or Beneficiary's agents may, at Beneficiary's option, enter the Property at any reasonable time for the purpose of inspecting the Property. Beneficiary shall give Trustor notice at the time of or before an inspectinn specifying a reasonable purpose for the inspection. Any inspection of the Property shall be entirely for Beneficiary's benefit and Trustor will nine way rely on Beneficiary's inspccliom. 11. Au rHORITY TO PERFORM. If Trustor faik to perform any duty or any of the covenants contained in this Security Instrument, Beneficiary m_ ay, without notice, perform or cause them to he perfimncd. Trustor appoints Beneficiary as attorney in fact to sign 'lrustor's name or pay any amount necessary for performaice. Beneficiary's light to perform for Truster shall not create an obligation to perform, and Beneficiary's failure to perform will not preclude Beneficiary Clem exercising any of Beneficiary's other rights under the lower this Security Instrument. If any construction on the Property is discontinued or not carried on in a reasonable nlanneq Beneficiary may, lake all steps necessary to protect Beneficiary's secau'ity interest in the Prnperty, including completion of the construction. 12. ASSIGNMENT OF LEASES AND RENTS. Truslur irrevocably grants, conveys and sells to Trustee, in trust for the benefit of Beneficiary, as additional security all the right, title and interest in and to any and all existing er future houses, subbases, and any other written or verbal agreements for the use and occupancy of any portion of the Property, including any extensions, renewals, modifications or substitutions o such agreements (all referred to as "Leases') and rents, issues and profits (all referred to as "Rents'). Trustor will promptly provide Beneficiary with true and correct topics of all existing and future Leases. Trustor may collect. receive, enjoy and use the Rents so long as Trustor is not in default under the terms oC this Security Instrument Trustor acknowledges that this assignment is for upon the recording of this Decd of Trust and that Beneficiary is entitled to notify any of 'I luster's tenants to make payment of Rents due er to become due to Beneficiary_ However, Beneficiary agrees that Only on default will Beneficiary notity Trustor and Trustor's tenants and make demand [list all future Rents be paid directly to Beneficiary. On receiving notice of dcfaul6 Trustor will endorse and delis ei to Benetic'm y arty payment of Bents in Trustor's possession and will receive any Rents in trust for Beneficiary and will not commingle the Rents with any other funds. Any amounts collected will be applied as provided in this Security Instrument, Trustor warrants that no default exists under the Leases or any applicable landhord/tenam law. Trustor also agrees to maintain and require any reliant to comply with the teens of the Leases and applicable law. 13. LEASEHOLDS; CONDOMINIUMS; PLANNED UNIT DEVELOPMENTS. Trustor agrees to cnmply with the provisions of any (case if this Security Instrtnient is on a leasehold- If the Property includes n unit in a cOUdonriniunr of a planned unit development, fluster will perform all of Trustor's clinics under the covenants, by -laws, or regulations of the condominium or planned unit dcvclopmenl. P p sass an "wens si ao "a_ own twooaszznan roam ar -or+oe ,omisr �� L165 (NELI tseoesor