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200208823.
<br />B. All future advances fi'am BeneAciary tit Trustor or other future obligation of Tester to Beneficiary under airy
<br />promiaaory nom, counsel. guaranty, or other evidence of debt executed by Trustor in tavor of Beneficiary
<br />executed after this Security Instrument whether or not this Security Instrument is specifically referenced_ If more
<br />than one person sighs this Security fi suumcnl. each Trustor agrees flat this Security histrument will secure all
<br />tature advanccx and future obligations that are given to or incurred by any one or more Trustor, or any one or
<br />more Trustor and othels. All future advances and other future obligations are secured by this Scculuv Insnnment
<br />even dnough all or part may not yer he advanced. All future advances and other future obligations are ,,curet as i(
<br />made on the date of this Security lusu muenl. Nothing it) this Security Instrument shall constitute a commitment to
<br />make additional or future loans or advances In any amount. Any such connuibnent must he agreed e) in a .separate
<br />writing_
<br />C All other obligations Truslor owes to Beneficiary, which may later arise, to the extent not prohibited by law.
<br />including, but not limited lo, liabilities for overdrafts relating to any deposit account agreement henveen Truster
<br />sad Beneticia N
<br />D. All additional sums advanced and expenses incurred by Beneficiary for insuring, preserving or otherwise
<br />protecting the Property and its value and any other alms advanced and expenses incurred by Rcncficiary under the
<br />term, of Ihis Security insuumenl.
<br />In the event that Benefctary fails to provide any necessary notice of the right of rescission will respect to any additional
<br />indebedues, secured under paragraph B of this Section, Beneficial umives om subsequent security interest in the
<br />'Iria,mr's principal dwellig that is created by this Security Instrument (but does not wmi c the security interest for the
<br />debts refs em,,d in paragraph A of [his Se-chou).
<br />DEED OF TRUST COVENANTS. 'li'ustor agrees that the covenants in this section are material ahligations under the
<br />Secured Debt and this Security instrument If Trustor breaches any covcuant in (his section, Beneficiary may refuse to
<br />make additional exleu=ious .(credit and reduce the credit limit. By not exercising either remedy on Tinslor's breach"
<br />Beneficiary does not waive Reneficiary 's right to later consider the etent a hreach if it happens again.
<br />Payments. Truslor agrees that all payment, under Ilse Secured Debt will be paid when due and in accordance with the
<br />terurs of the Secured Debt mid this Scent 113 I ash Zlment
<br />Prior Security Interests. With regard to any other mortgage, deed of trust, 9ean9ty agreement or other lien document
<br />that created a prior ss a ny interest or encumbrance on the Pntperty. Truster agrees to make all payments when due and
<br />to pei four or eonhply with all covcnaals. 'truster also agrees not to allow any modification or extension of, nor to
<br />request any ]turns advances under any note or agreement secured by the lien document without Beneficiary's prior
<br />written approval_
<br />Claims Against title. Inismr will pay all taxes (including any tax assessed to this Deed of L'ust). assessments, hens_
<br />ancunhbrence,_ Icasc payments, ground units, utilities, and alret charges relating to the Property when due. Beneficiary
<br />tire) require Trustor m pnn�idc to Beneficiary copies of all notices that such amounts are due and the receipts etidencim•
<br />Irra'a r', paynent . llustor will defend till, to the Property against anv claims that would impair the lien of this
<br />Seevaily Instrument Trustor agree, to assign to Beneficiary. a, requested by Benchermy. any rights, claims or defenses
<br />Trustor nay have against parties who supply labor or materials to maintain or imprce the Property.
<br />Property Condition, Alterations and Inspection. Trustor will keep the Property in good condition and make all
<br />repairs that are icesnnahly necessary. Trustor shall nut commit or allow any waste. impaimsnl, or delciioralum of the
<br />Property. Trustor agrees that the nature of the occupancy and use will not substantially change without Beneficiary's
<br />prior w aten consent Trustor will not permtl any change in any license. resn'icfive cotenant or "Coamu without
<br />beneficiary's pilot written consent. Tnntor will notify Benetcary of all demands, proceedings, claims. mid actions
<br />against l instor" and of any loss or damage to the Property.
<br />Beueticiory or fkneficiev''s agents may. at Beneficiary's option. enter rue Property at anv reasonable time or the
<br />purpose of mspecitng the Property_ Benefciary shall give lrustoi notice at the time d or before an inspection
<br />specifying a reasonable purpose Per the inspection. Any inspection of the Property shall be entirely for Beneficiary's
<br />benefit and'frtrstm will in no way rely on Beneficiary's inspection.
<br />Authority to Perform. If hasten tails to perform any duty or any of the cotenants cunarmed in this Securuy
<br />Instrument Beneficiary may, without notice, planar, or cause them to be performed. Trustor appoints Benehciary as
<br />altonre) in fuel to ,fail Trustor', noun, or pay any amount necessary for performance. Beneficiary's right to perform for
<br />Trstof shall not create an obligation to perform, and Bentfuumv's failure to perform will not preclude Reneficiary
<br />front exercising any of Rcneficimy's other rights under the Imo or this Security Instrument.
<br />Leaseholds; Cundominiunns; Planned Unit Detclopnords. Truslor agrees to caruply with tine procision.s of any lease
<br />if this Security Instrument is om a leasehold. It the Property includes a unit in a condominium or a planned unit
<br />development_ Tnsinr will perform all of losba's duties under the cotenants_ by -laws, or regulation, of the
<br />condominium or p[aimed unit dctclopunent.
<br />Condemnation. I rumor will give Be ltry prompt notice of any pending or Threatened action, by pntate or public
<br />enhhes to purchase or lake any or all of the Property through condemnation, eminent domain, or any ('[]let means.
<br />Truslor authorizes Beneficiary to intervene in Trustor s name in any of the above described 'actions or claims, f ruslor
<br />assigns to Benef,,my the proceeds ofany award or claim for damages connected will a condemnation or other taking of
<br />all or anv part of the Property. Such proceeds shall be considered payments .,it will be applied a, piovidal in Ibis
<br />Security instrument This assignment of proceeds is subject to the lend, of anv prim' mortgage deed of trust security
<br />agiceracnt or other hen domunenT.
<br />Insurance. Truslor shill keep Property insured against loss by fire, flood, theft and other hazards mid risks reasonably
<br />associated with the Property due to its type and location_ This insurance shall be tran mined in the anhounts and for the
<br />periods that Benehciary requires. The insurance varier prodding the insurance ,hall be clmsen by Tm,rea subject to
<br />Beneficiary's approval, which shall not be earea,onably withheld- If "fnrstor fails to maintain the coverage described
<br />above, Benefivary may" at Beneficiary's option . ohtain coverage to protect Reneficiary', rights in tai Property
<br />recording to the terms of Ihis Security hnstruureut.
<br />All insurance policies and renewals shall be acceptable to Beneficimy and shall include a standard "mortgage clause"
<br />and, where applicable, "Ins. payee clause." Trust., shall immediately canto Beneficiary of cancellation or termination
<br />of the insurance. Beneficiary shall have the right to hold the policies and renewals. If Reneficiary requires. Trustor shall
<br />immediately gite to Beneficiary all receipts of paid premiums and renewal notices. Upon loss. Trustor shell give
<br />inmhediate notice to the insurance carrier and Rcncficiary. Rcncficiary may make in of loss if col made immediately
<br />by Ti usltn.
<br />hole„ otherwise agreed in writing, all insurance proceeds shall be applied to the restoration or repair of the Properly of
<br />to the Secured Debt whether or not then due, at Beneficiary s option. Any application of proceeds to principal shall not
<br />extend of postpone the due date of the scheduled privation nor ' change the am f amount o any payment. Any excess will he
<br />paid to the Truslur If the Property is acquired by Beneficiary, Trustor', Ilght to any insurance policies mid proceeds
<br />resulting from damage to the Property before the acquisttton shall pass to Beneficiary to the extent of the Secured Debt
<br />immediately before the acquisition_
<br />(Pa e 2 of 4)
<br />L'1199A PauFn: eyx'ais. Inc.S Glouo. MN brn VGV -RFL I -Ne LIo'H9
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