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<br />B. All future advances from Beneficiary to Trusts or other future obligations of Trun01 to Beneficiary under any
<br />promissory note, contract, guaranty, or other evidence of debt executed by Trustor in favor of Beneficiary executed
<br />alter this Security Instrument whether or not this Security Instrument is specifically referenced. If more than one
<br />person signs this Security Instrument, each Trustor agrees that this Security instrument will secure all future advanca
<br />and more obligations that are given to or incurred by any one or more Trustor, or any one or more Trustor and
<br />others. All Poore advances mid other fiure obligations are secured by this Security Instrument even though all or
<br />part may not yet be advanced. All more advances and other kiture obligations are secured as if made on the date of
<br />this Security Instrument. Nothing in this Security Instrument shall constitute a commitment to make additional or
<br />future loans or advances in any amount. Any such commitment must be agreed to in a separate writing
<br />C. All obligations mstor owes to Beneficiary, which may later arise, to the extent rut prohihttled by law including, but
<br />not limited m. liabilities for overdrafts rchning to any deposit account agreemeih[ benveed Trustor and Beneficiary.
<br />D. All additional sums advanced and expenses incurred by Beneficiary for insuring, 'preserving or otherwise protecting
<br />the Property and its value and any other .sums advanccl and expenses incurred by Benefrciaty under the term of this
<br />Security Instrument.
<br />This Security Instrument will not secure any other debt if Beneficiary tails to give any required notice of the right of
<br />rescission.
<br />5. PAYMENTS. Trustor agrees that all payments tinder the Secured Debt will he paid when due mid in accordance with the
<br />terms of the Secured Debt and this Security Instrument.
<br />fi. WARRANTY OF TITLE. Trustor warrants that Tmstor is or will be lawfully seized of the estate conveyed by this
<br />Security Instrument and has the right to irrevocably grant. convey, and sell the Property to Ti ustcc, in trust, with power of
<br />sale. Trustor also warrants that the Property is unencumbered, excepl for encumbrances of record.
<br />7. PRIOR SECURITY INTERESTS. With regard to aiy other mortgage, deed of trust, security agreement or other lien
<br />document that created a prior security interest or creunhrance on the Properly. Trustor agrees.
<br />A. 't to make all payments when due and to perform or comply with all covenants_
<br />B. To promptly deliver to Beneficiary any notices that Trustor receives from the holder.
<br />C. Not to allow atiy modification or extension of, nor to request any future advances under any note no agreement
<br />secured by the lien document without Beneficiary's prior written consent.
<br />N. CLAIMS AGAINST TITLE. Truster will pay all lasts, assessments, liens, encumbrances, lease payments, ground rents.
<br />arbors, and other charges relating to the Property when due. Beneficiary may require Trustor to provide to Beneficiary
<br />copies of all notices that such amounts are due and the receipts evidencing Trustor's payment Trustor will defend title to
<br />the Property against any claims that would impair the licit of this Security Instrument. Trustor agrees to assign to
<br />Beneficiary, as requested by Beneficiary, any rights, claims or defenses Tmstor may have against parties who supply labor
<br />or materials to maintain or improve the Property_
<br />9. DUE ON SALE OR ENCUMBRANCE. Beneficiary may, at its option, declare the entire balance of the Secured Debt to
<br />be immediately due and payable upon the creation of, or contact for the creation of, any lien, encumbrance, transfer or sale
<br />of the Property_ this right is subject to the restrictions imposed by federal law (12 C.F.R. 591), as applicable This
<br />covenant shall run with IIu Property and .shall remain in effect until the Secured Debt is paid in fill and this Security
<br />Instrument is released.
<br />10. PROPERTY CONDITION, ALTERATIONS AND INSPECTION. Truster will keep the Property in good condition and
<br />make all repairs that are remonably necessary. Truster shall not commit or allow any waste, impairment, or deterioration of
<br />the Property. Trustor will keep the Property free of noxious weeds and grasses. Trustor agrees that the nature of the
<br />occupancv and use will not substantially change without Beneficiary's prior written consent. Trustor will not permit any
<br />change in any license. restrictive covenant or easement without Beneficiary's prior written Consent Trustor will notify
<br />Beneficiary of all demands, proceedings, claims, and actions against Truster, and of any loss or damage to the Property.
<br />Beneficiary or Beneficiary's agents may, at Beneficiary's option, enter the Property at any reasonable time for the purpose
<br />of inspecting the Property. Beneficiary shall give Trustor notice at the time of or before an inspection epmaFyng a
<br />reasonable purpose for the inspection Any inspection of to Property shall be entirely for Beneficiary's benefit and Trustor
<br />will in no way rely on Beneficiary's inspection.
<br />11. AUTHORI'I V '1'0 PERFORM. If Trustor fails to perform any duty or any of the covenants contained in this Security
<br />Instrument, Reneficiary may, without notcc, perform or cause dum to be perfumhed. Trustor appoints Beneficiary as
<br />attorney in fact to sign Tiustur's native or pay any amount necessary for performmrce. Beneficiary's right to perform for
<br />Trustor shall not create an obligation to perform, and Beneficiary's failure to perform will not preclude Beneficiary form
<br />exercising any of Reneficiary's other rights under the law or this Security InslmmenL If any construction on the Properly is
<br />discontinued or not carried on in a reasonable manner, Beneficiary may take all steps necessary to protect Beneficiary's
<br />security interest in the Property, including completion of the construction.
<br />12. ASSIGNMENT OF LEASES AND RENTS. "Imstor irrevocably grants, convevs and sells to Trustee, in trust for the
<br />benefit of Beneficiary, as additional security all the right, title and interest in and to any and all existing or future leases,
<br />subleases, and amy other written or verbal agreements for the use mid occupancy of any portion of the Property, including
<br />any extensions, renewals. modifications or subs prhmns of such agreements (all referred to as "leases'') and rents. issues
<br />and profits (all referred to as "Rents "), Trustor will promptly provide Beneficiary with true and correct copies of all
<br />existing and future Leases. Trustor may collect, receive, enjoy mid use the Rents so long as l rustor is not in default under
<br />the terms ofthis Security Instrument
<br />Trustor acknowledges that this assignment is perfected upon the recording of this Deed of Trust and that Beneficiary is
<br />entitled to notify any of Tiustrr's tenants to make payment of Rents due or to become due to Beneftcimy. However,
<br />Beneficiay agrees that only on default will Beneficiary notify Trustor mud 'frustor's tenants and make demand that all
<br />future Rents be paid directly to Beneficiary. On receiving notice of default, Trustor will endorse and deliver to Reneficiary
<br />any payment of Rents in Trustur's possession mid will receive rare Rents in trust for Beneficiary and will not commingle the
<br />Rents with any other Ponds. Any amounts collected will be applied as provided in this Security Instrument 35ustor warrants
<br />that no default exists under the Leases or any applicable landlord /tenant law. Trustor also agrees to maintain and require
<br />any tenant to comply with the terms of the Leases mid applicable law.
<br />13. LEASEHOLDS; CONDOMINIUMS; PLANNED UNIT DEVELOPMENTS. Trustor agrees to comply with the
<br />provisions of any cause if this Security Instrument is on a leasehold. If the Property includes a unit in a condominium or a
<br />planned unit development. Trustor will perform all of rustor's duties under the covenants, by -laws_ or regulations of the
<br />condominium or planned unit development
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