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200207135 B_ AR future advances from Beneficiary to Toaster or other None obligations of Trustor to Bdeficimy under any promissory note, contract, guaranW, or other evidence of debt executed by Trustor in favor of Beneficiary executed after tlas Security Gntrunrcm whether or not this Security lnmrumeID is specifically, referenced. If more than one motion signs US Seamity Instrument, Inch Tmsmm agrees that this Security Trianiment will secure all fume advances and franc obligations that are given to or incurred by any one or more Tmstor, or any one or mom Trivially and others. All future advances and other future obligations arc secured by this Security Inslwne t ere dough all or pan may not yet be advanced. All future advances and other future obligations are secured as if nude on lire dale ofthis Security Instrument Nothing in Us Senrrity Instrument shall constitute a commmmem to make additional or future loans or advarwes in any amount Any soh commitment must be agreed to in a separate veiling C. All other obligations Trustor owes to Benefieary, watch may later arise, to the extent rml prolubiled by It including, bill not limited to, liabilities for overdrafts relating to any deposit account agreement between Trustor mid Beneficiary. D_ All additional sums advanced and expenses occurred by ecncticiary for insuring, preserving or olherwise protecting the Property and its value and any other starts, vanecd and expenses incurred by Beneficiary under the terms of this Security Instrument. In the event that Bdiefidary fails W play ide mry, necessary notice of flue rigid of rescission with respect to arty additiond indebtedness secured under paragraph B of this Section, Beneflciary waives may subsequent security interest in the Tmstof s principal dwelling that is created by des Smarty Instrument (but does rut waive the security interest for der debts referenced in paragraph A of thus Secuonj. i. DEED OF TRUST COVENANTS. Truster aees that the cmenants in this section are material obligations under the Sutured Debi and this Security Incarnation. R Trustor breaches any covenant in this semliem Beneficiary new refuse to unlit additional extensions of credit and reduce the credit limit By not exercising either remedy on Trustor s breach, Beneficiary does not waive Benefi Ban's right to hater consider Ne event a breach if it happen again. Payments. Trustor agrees that all payments under the Secured Debt will be paid when due and in accordance with the terns of the Secured Debt and this Security Instrument. Prior Security Initia s. Willi regard to rim other mortgage, deed of trust. security agreement or other lien document that created a prior security interest or encumbrance on die Property.. Tmstor agrees to rake all payments when due and to perform or comply with all coverants. Tmsmr also agrees not to allow any modification or extension of. nor to request any future advances under airy now or agreement secured by the lien document without Beneficiary's prior written approval. Claims Against Title. Traitor will pay all taxes (including any tax assessed to this Decd of Trust), assessments, liens, encumbrances, lease payments, ground roan, militia, and offer charges relating to the Property when due_ Beneficiary way require Traitor to provide to Beneficiary copies of all routes that such amounts are due and the receipts evidemang Trustur's payment. Toaster will defend title to Ne Properly against any claims that would impair the lien of this Security Innovation. Truster agrees to assign w Beneficiary, is requested by Beneficiary, any nights, claims or defenses Toaster may have against parties who supply labor or materials to maintain or improve the Property. Property Condition, Alterations and Inspection. Truster will keep the Property in good condition mid make all repairs Unit are reasonably nceessary. Trustor shall not commit or allow any warm, important, or deterioration of the Property. Tmsmr agrees that the nature of the occupancy and use will not substmatally change without Beneficiary's prior written consent Trustar will not peril any change in any license, restrictive coverunn or easement without Beneficiary's prior written o asent. Tmstor ill notify Blncficiary of aD demmds, proceedings, claims, and actions against Tmstor, andvof arty loss or dan eroc to the Property. Beneficiary or Beneficiary's agents may, at Beneficiary's option, enter the Property at any reasonable tine for the purpose of iMPCC i11ig the Property- B rmflciwy shall give Tractor notice at the time f or before run ins Mlon sped rig a reasorble purpose for the inspection. Any inspection of the Property sill be entirely for Be nciary's beam tl ad Trader will in no way rely on Beneficiary's inspection Authority to Perform If Trustor fv'Is to perform any duty or any of the covenants conmirned in Iles Security Instrument, Beneficiary nay, without notice, perform or cause them to be performed Trustor appoints BentFciary, as attorney in fact W sign Trustor' a name or Pay any mnonnt necessary for performance Beneficiary, s right to perform for Tmstor shall not create an obligation to perform, and BenrFciarys failure to perform will nut preclude Bcncficiuy from exercising any of BcueGciary's ether rights under the law or this Security Inslmntem. Leaseholds; Condominiums; Planned Unit Developments. Toaster agrees to comply with the provisions of any lease If tills Security Ingrained is on a Icaschold. If the Property includes a unit in a candomimum or a phmmed unit development, Tmstor will perform all of Tmslar's duties under the covenants, by -laws, or regulations of the condonunfum or planned unit development Condemnation. Toaster will give Beneficiary prompt notice of mry pending or threatened action, by pnvale or public entities to PP mime or lake any or all of the Property through condemnation, eminent domain. or my other weans. Truster autMrims Beefciary y' to intervene in Truster s am= in a of the above described actions or counts. Tmstor assigns to Beneficiary the proceeds of any award or claim for damages connected with a codernnation of other taking of At or any part of the Property. Such Paweuls shall be considered payments and will be applied as provided in this Security Instrument. This assignment of proceeds is subject to the terms of any prior mortgage, deed of most, security Maximum or other lien document. Insurance. Traitor shrill keep Property insured against lass by fire, flood, theft and other hazards and risks reasonably associated with the Property due to its type and location. This insurance shall be malntmred in the amounts and for the periods lint Baneficiary requires- The insmmoe carrier providing the insurance shall be chosen by Trustor subject to BeieGcimy'a approval, which shall net be mueasonably withheld If Trainor fails to mniain the coverage described above, Beneficiary may, at Beneficiary's option, obtain coerµe to protect Beneficiary's rights in the Properly according W the terms of this Security Instrument All insurance policies and renewals shall be amcautho to Beneficiary and shall inemtlo a standard "mortgage clause" and, where applicable, "loss payee clause." Tmstor shall immediately notify Beneficiary of cancellation or lemumahon of the insurance. Beneficiary shill have the right to hold the policies and renewals. if Beneficiary requires. Traitor shall inmtediatcly give to Beneficiary all receipts of paid prcrmums aid renewal notices. Upon loss, Toaster shall give immediate notice to the insurance carrier and Beneficiary. Bdeftciary any make proof of loss if not made immediately by Tmstor. Utress oNerwise agreed in writing, all iraurarace pp oceeds shall be applied to t e restoration or repair of the Propem or to the Secured Debt, whether or net then due, at BenoEciary's option Any application of proceeds to principal shall not extend or postpone the dm date of the scheduled payment nor change the amount of any payment. Any excess will be paid to the Trustor If die Property is acgnoted by Beneficiary, Trustee s right to any insurance policies and proceeds resulting from damage to the Property before the acquisition stall pass to Beneficiary to the extent of the Secured Debt immediately bcturc the acquisition ,y' claxins4 of ©m .1.. n1me1"c, St olle, UN rlrm Itv++enT.Ne vmas {_(vL•�� ®CCi61NE1 leaoa)