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<br />, . <br /> <br />200710396 <br /> <br />Claims Against Title. Trustor will pay all taxes (including any tax assessed to this Deed of Trust), <br />assessments, liens, encumbrances, lease payments, ground rents, utilities, and other charges relating to <br />the Property when due. Beneficiary may require Trustor to provide to Beneficiary copies of all notices <br />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 lien of this Security Instrument. Trustor agrees <br />to assign to Beneficiary, as requested by Beneficiary, any rights, claims or defenses Trustor may have <br />against parties who supply labor or materials to maintain or improve the Property. <br /> <br />Property Condition, Alterations and Inspection. Trustor will keep the Property in good condition <br />and make all repairs that are reasonably necessary. Trustor shall not commit or allow any waste, <br />impairment, or deterioration of the Property. Trustor agrees that the nature of the occupancy and use <br />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. <br />Trustor will notify Beneficiary of all demands, proceedings, claims, and actions against Trustor, and <br />of any loss or damage to the Property. <br /> <br />Beneficiary or Beneficiary's agents may, at Beneficiary's option, enter the Property at any reasonable <br />time for the purpose of inspecting the Property. Beneficiary shall give Trustor notice at the time of or <br />before an inspection specifying a reasonable purpose for the inspection. Any inspection of the <br />Property shall be entirely for Beneficiary's benefit and Trustor will in no way rely on Beneficiary's <br />inspection. <br /> <br />Authority to Perform. If Trustor fails to perform any duty or any of the covenants contained in this <br />Security Instrument, Beneficiary may, without notice, perform or cause them to be performed. Trustor <br />appoints Beneficiary as attorney in fact to sign Trustor's name or pay any amount necessary for <br />performance. Beneficiary's right to perform for Trustor shall not create an obligation to perform, and <br />Beneficiary's failure to perform will not preclude Beneficiary from exercising any of Beneficiary's <br />other rights under the law or this Security Instrument. <br /> <br />Leaseholds; Condominiums; Planned Unit Developments. Trustor agrees to comply with the <br />provisions of any lease if this Security Instrument is on a leasehold. If the Property includes a unit in a <br />condominium or is part of a planned unit development ("PUD"), Trustor agrees to the following: <br />(i) The Property includes not only the property described above but also an undivided interest in <br />certain common elements and facilities of the condominium or PUD, and any interest of the Trustor in <br />the homeowners' association or other equivalent entity owning or managing the common areas and <br />facilities and the uses, benefits and proceeds of that interest; (H) Trustor will perform all of Trustor's <br />duties under the covenants, by-laws, or regulations of the condominium or PUD; (Hi) Trustor will <br />take such actions as are reasonable to ensure that any homeowners' association or equivalent entity <br />maintains a public liability insurance policy and a "master" or "blanket" policy on the Property <br />providing insurance coverage against loss by fire, hazards included within the term "extended <br />coverage", and any other hazards, including but not limited to, earthquakes and floods, from which <br />Beneficiary requires insurance that is acceptable in form, amount, and extent of coverage to <br />Beneficiary. <br /> <br />Condemnation. Trustor will give Beneficiary prompt notice of any pending or threatened action, by <br />private or public entities to purchase or take any or all of the Property through condemnation, eminent <br />domain, or any other means. Trustor authorizes Beneficiary to intervene in Trustor's name in any of <br />the above described actions or claims. Trustor assigns to Beneficiary the proceeds of any award or <br />claim for damages connected with a condemnation or other taking of all or any part of the Property. <br />Such proceeds shall be considered payments and will be applied as provided in this Security <br />Instrument. This assignment of proceeds is subject to the terms of any prior mortgage, deed of trust, <br />security agreement or other lien document. <br /> <br />Insurance. Trustor shall keep Property insured against loss by fire, flood, theft and other hazards and <br />risks reasonably associated with the Property due to its type and location. This insurance shall be <br />maintained in the amounts and for the periods that Beneficiary requires. What Beneficiary requires <br />pursuant to the preceding two sentences can change during the term of the Secured Debt. The <br /> <br />(page 3 of 9) <br /> <br />@1994Wolters Kluwer Fin.nci.IServices" B.nkers Systems'" Form USAAHEDT-NE 6/15/2007 <br />