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200213694 <br />19. INSURANCE. Tmaarshallkeeppmpmymsurtdagamnlossbyfim ,Rood,MRnMOM handsodr reasonably <br />a aocidWwith MepropmyduemiDtypemMlocation ThiswwmsceslapWmaintaiIN mg miwnlsaMforthe <br />periods Mat Bmdciary requires. The insurance earner pmvMing Me insurmu slap b<dwsen by Tmam subject to <br />Beneficiary's approval, which shall rim be unrcasovbly withheM. IfTmstor fails to maintain Mic coverage claindbd <br />above, Bmaficia, nay, m Beneficiary's coca. obtain coverage W p n as Beneficiary's rights In Me Ptcpmy accm, ing <br />W the arms of this SccmhY law. c" <br />All iMma ce policies and settesvals shall be mcrymble to Beneficiary and stall include a monism "mmtgagc clause" and, <br />when epplipbl< "loss payce clause." TmMrslWlimmdiaklYnWfy Baeficiaryofcm ie mmtmniMionofMc <br />insurance. Bmefieiery sFSl have Me ngM1am MMthe policies ad renewals. If Bettefciaryraluires,Tmsbsshail <br />immdialely give to Bmeficieryall aaeipa ofpild premiums as retcewal notiam Upm loan, TMmV shall give <br />byby Tmwoe ndiumthe imm�nu caner as Beneficiary. Be�xfidary may make woofof loss if riot made immdiately <br />msmr. <br />Unless othewix agrcd in wi Mg, all insurance pmcccds shall be applied to Me smtomtent or rc*r ofthe Properly or to <br />the Seeuaed DM,wb aortwtthendue,aB iciery'soption. Any WplicblecofpmedstoprincipalMillnot <br />Ciklld IN pa6QbM Me dYC dMe Oflhe seFdllld piyTlent 1KK dange M<wMYlll of YIY WYnntL AOY eaccas WIII be <br />paid to Me Grantor. If Me Propcny is acquired by Ben<ficiary, Tmsmr's right to any iwmxpolicies ad p talc <br />aslting from dams,, to Me Property before the mquisition shall pass to Beneficiary to the cannot ofthe Sccurd Debt <br />immediately bafaa Me "ositim. <br />N. ESCROWFORTAMANDINSURANCL Unlrs ahewiu providd ins apwme agewmem ,Twlwwill not be nquirdro <br />payso0 iwyfund. mrtascm6inamanc, in csaow. 5657 <br />21. FINANCIAL REPORTS AND ADDITIONAL DOCUMENTS TrwumwillpmMde to Beneficiary upon raluc54 mY finarxul <br />esaktwne m infomaion Be�icimy maydcom aeaamably nacsvmy. Tmabragrt,s to ap, deliver, ad file my additional dmummss <br />Inali i Ma Brnefxi onnMee nmeasmyb perfect continua,sa prewveGmw 's obligesimxaWa MisSaunry <br />Instalment and lice . w on Mc Property <br />22 JOINT AND INDIVIDUAL LIABILITY; CO- SIGNERS; SUCCESSH%lS AND ASSIGNS BOUND. Allchiiaudm Mix <br />Sorority Imtrumet artloint ad iaivMwl. IfTmsbr signs Mis Security Instrwmnt butdoa cwt sign m evidence ofdebt Trustm <br />does m mlyb mortgage Truav's inlaea in Me Property to semen paYmrnt ofMe S,curN DeMad Truww dots rim ogee, ro be <br />persotWlY liable on Me Smued DeG. If Mis Security Mammrnt secures a guarmryb,twcen Belxficimy and Tustm, Truesw agras <br />to waive mY rights Mm may prevent Bewficimy from bnvginB mYettim adaimagsMa Tmsms ormY PmY idebuM uMer Me <br />obligmion. Thex ngM1DmY MSude, baart rim limikd lo, myamideficimcYaroneeaion laws. Truesoagras Mm Brneficiary <br />ad mY pnY to Mis Saunry Imhvttmt maYexknd, mdi(ymmakeany char,« a the taers ofMU Security InaWtlxnl err my <br />evidma ofdebt witlroul Ttustor's conunt. Swh •alum& wiB oot release Trvaor finm We tams a[M'v Saunty lnmumrnt. The <br />dories mM bmefik ofNis Sorority Instrunant shell bind aM benefit 1M1Catxxcsxms ad assigm o(Trustm and Beneficiary. <br />21. APPLICABLEWW ;SEVERABILITY;INTERPRETATION. ThisSa tyB VUmmtisgove dbYtkImOfthcjunWi im <br />M which Benef 'my is lowtd, except m Ne mttau aMemiu requird bYMe 6wT oftlRluaiaktion wM1eee M<Propmy is Iwatd. This <br />semen in 6irvmmt ie cam ,mace, fidlyiotegead. Thu sauna Mona) o M msystabe mmtdd w rots wMa by Omi erg law will My <br />in Mia SaaitY Inem�mcn4 aachmrnm,mmY ageemeMMendmMe Sea�M Debt Macmfliebono dil.sable law will rid <br />becRatirc. unless Matta expamlY a impliedlYPermik Mc variations by w.inrn eyes ^rot. IfmY maim ofrhia Saveiry <br />Ltswmrnt cmm[be mforcd aamdity b hs tmm, Mm xenon win be severe aM win tar aRUt Me mfmmbiapt ofMe famines <br />of ft maims Seca tyhrnem uinm fix only m L menota, a Mal to in Mesinguler. l MeagwMads Secugs <br />ofdxsafM Tim ofthe ca mitnamtt mefmco astrumuarty andmrmtro he usdroMt �rn mdefine MC mtrm ofthis Security <br />lmtrvmnt Time u afthc munro in this Savory Instrument. <br />24. SUCCESSOR TRUSJEE. Beneficiary, 0Beneficiary's option, only Bon nmc m am tmave Tmslee ad aplsoint a successor <br />tewkewhham mtile, wrother Ban codesignmien inwriting. Ths Suunwrtruan,tandsacmveyvxe of the Pbopnty, shalt <br />aucud to all dx lido, power and dwies cmfend upon Tsusta by ilia Savriry Inesmtmnl and applimble law. <br />2S. NOTICE. Unless othawix ¢guard by law, any not. shall be,M. by delivenng A O by mailingn by fires sass mail In Me <br />apprnprwe pm , abbess on page 1 of Nis Security 1..4 or m my mM1a add. designakd in writing. Notice be oM Tmaor <br />will be deemed to Ix nonce he all wa— <br />24. WAIVERS.BSUproMc extent prahibikd by law, Truatawaivesillappeilxmmt mM homwead ezempion nghn relating rothe <br />peapeny <br />ExpercTM D 1991 BmAm System. lot., St C 4MN Foam USR- REST -NE WUEUJI <br />(Page 5 of 6) <br />Y:l. q V <br />