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200206911 B. All future advances from Beneficiary to Trustor or other future obligations of Truster to Beneficiary under any promissory note, contract, Bgunions, or other evidence of debt executed by Trustee in favor of Beneficiary executed after this Security Instmment whether or not this Security Instiwnea[ is specifically referenced. If more than one person signs this Security Instrument, each Truster agrees that rids Security Instrument will secure all future advances and future obligations that are given to or incurred by any one or more Trustee, or any one or more Trustor and others. All future advances and other future obligations we secured by this Security Instrument m thouggh all or part may not yet be advanced. All hire advances and other future obligations are secured as if made on We date of this Security Instrument. Nothing in this Smurity Instrument shall constitute a comidinnent to make additional or future loans or advances in any amount. Any such commmitmiand must be agreed to in a separate writing. C, All other obligations Tensor 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 Tmstor and Beneficiary. D. All additional sums advanced and expenses incurred by Beneficiary for inswing, Imaerving or otherwise protecting the Property anW hs value and any otter sums advanced and expenses incurred by Beneficiary under the terms of this Security Instrument In the event that Beneficiary fails to provide any necessary notice of the right of rescission with respect to any additional indebtedness secured under paragraph B of this Section, Beneficiary w v ai s any subsequent security interest in the debts ref renceipal dwelling the is created io this Security Instrument (but does not waive the security interest for the debts mfermced in paragraph A of this Seaton). 5, DEED OF TRUST COVPINAN'PS. Truster agrees that the covenants in this section are material obligations under the Secured Debt and this Security Instrument. If Trustor breaches wry covenant in this station, Beneficiary may refuse to make additional extensions of credit and reduce the credit limit. By nor exercising either remedy on Truster 'a breach, Beneficiary does nor waive Beneficiary 's right to later consider he event a breach if it happens again. Payments. Tmsmr agrees that all payments under the Secured Debt will be paid when due and in accordance with the team ol'the Secured Deb[ and this Security Instrument Prior Security interests. With regard to any other mortgage, deed of trust, security agreement or other lien document thin neared a prior security interest or encumbrance on the Property, Taster agrees to make all payments when due and to perform or comply with all covenants. Trustor also agrees not to allow any modification Or extension of, nor to request any future advances under any note or agreement swroad by the lien dominant without Beneficiary 's prior writiou approval. Claims Against Title. Trustor will pa all [axes (including any tax assessed to this Deal of Trust), assessments, luau, umbrances, lease payments, gmnnd rents, utilities, and other charges relating to the Property when due. Beneficiary may require mstor to provide to Beneficiary copies of all notices that such amounts are due and the receipts evidencing Tmsmr's payment Tmstor will defend title to the Property against any claims that would impair the lien of this Security Instrument. Traitor agrees to assign to Beneficiary, ax requested by Beneficiary, any rights, claims or defenses Traitor may have against parties who supply labor or materials to maintain or improve the Property. Property Condition, Alterations and Inspection. Torsion will keep the Property in good condition and make all opens that are reasonably necessary. Tmsmr shall not commit or allow any waste, imppairment or deterioration of the Property. Trustor agrees that the aware of the occupancy and use will not striation 1), change without Beneficiary's print written consent. Tmstor will not permit any change in any license, restrictive moment or easevten[ without Beneficiary 's prior written cowem. Trustor will notify Beneficiary of at demands, proceedings, clams, and actions against Tousled, mid 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 inspecnn¢¢ the Property. Beneficiary sbdl give Toulon notice at the time of or before an Inspection spwfyycog a reasonable purpose for the inspection. saw inspection of tire Property shall be entirely for Bnnnficiary'a warp, and Trainor will in no way rely on Beneficiary's impegim. Authority to Perform. If Trustor fails to perform any duty or :my of the covenants contained in this Security Instrument, Beneficiary may, without notice, perform or cause than to be pperformed. Timor appoints Beneficiary, as attorney m fact m sign Tmstor's name Or pay any =urn necessary for Pertomhance Beneficiary's right to perform for Tmsmr shall not create an obligation to perform, and Beneficiary's [enure to perform will not preclude Beneficiary from exercising any of Beneficiary 's other rights under the law or this Security Instrument. Leaseholds; Condominiums; Planned Unit Developments. Tension agrees to comply with the Provisions of any Irma if this Security Instrument is on a leasehold. If the Property includes a unit in a condominium or a planned umt development, Trustor will perform all of Trusmr's duties tinder the mvonards, by -laws, or regulations of the condominium or planned unit development. Condemnation. Trustor will give Beneficiary prompt notice of any pending or threatened action, by private or public entities to purchase or take airy or all of the Property through condenmaton, eminent domain, or any other means. 'proctor authorizes Beneficiary to imcromc in Truster s name in why of the above described actions or claims_ Trainor assigns to Beneficiary the proceeds of any award or claim for damages comforted with a condemnation Or other taking of all Or any put of the Property. Such proceeds shall be considered payments and will be applied as provided in this Security Instrument This assignment Of prowals is subject to the [erns of any prior mortgage, decd of trust, security agreement or other lien document Insurance. Trustor shall keep Property insured against loss by fire, flood, theft mid other hazards and risks reasonably associated with the Property out m its type and location. This insurance shall be mandain l in the amounts and for the periods that Beneficiary requires. The insurance carrier providing the insurance shall be chosen by Truster subject to Beneficiary's approval, which shall nor be unreasonably withheld. If Truster fails to maintain the covers described above, Beneficiary may, m Beneficiary's option, obtain coverage to protect Beneficiary's rights in the Property according to the terms of this Security Instrument. All insurance policies and renewals shall be aceepmblc to Bmeliclwy and shall include a standard "mortgage clause' and, where applicable, ' loss payee clause." Trustor shall immediately notify Beneficiary of cancellation or termination Of the inswance. Beneficary shall have the right to hold the policies and renewals. If Beneficiary requires, Trustee shall immediately give to Beneficiary all reaepts of paid premiums and renewal notices. Upon loss, Trustor shall give immediate notice m the insurance carrier and Beneficiary. Beneficiary may make proof of loss if not made immediately by Trustor. Unless otherwise agreed in writing, all Insurance proceeds shall be applied to the restoration or repair of the Property or to the Secured Debt, whether or not then due, at Beneficiary 's Option. Any application of proceeds to principal shall not extend or postpone the due date of the scheduled payment nor engage the amoom of any payment Any excess will be paid to the Trustor If the Property is acquired by Beneficiary. Tri lot's right to any insurance policies and proceeds resulting from damage to the Pioparty before the acquisition shall pass to Beneficiary to the extent of the Secured Deb[ Immediately before the acquisition. (page z or of @1994 e." .,, menu ml s, n1u,a. ON r., ", otvnml w 1.1399 M- C4661NE119902,.02 is