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<br />200510072
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<br />l3, All futurc advances from Beneficiary to Trustor or other futurc obligations of Trustor to Benef1ciary under any
<br />promi,ssory note, contract, guaranty, 9r other ,evidence of dept exeC;~,ted by Trustor in f~vor of Beneficiary after ,this
<br />Secunty Instrument whether or not thIs SecurIty Instrument IS speCIfIcally referenced, If more than one person sIgns
<br />this, Se~urity Instrume,nt, each T~ustor agrees that this Security Instrument will secure all future advances and future
<br />oblIgatIOns that are gIven to or mcurred by anyone or more Trustor, or anyone or more 1 rustor and othcrs. All
<br />future advances and o~her future obligmions are ~ecured by l~is Security Instrumf;f!-t even though all or. pa~.t may not
<br />yet be advanced, All future advances and other future oblIgatIons are secured as It made on the date 01 thIs SecurIty
<br />Instrument. Nothing in this Security Instrument shall constitute a commitment to make additional or future loans or
<br />advances in any amount. Any such commitment must be agreed to in a separate writing.
<br />C, All other obligations Trustor owes to Beneficiary, which may latcr arise, to the extent not prohibited by law,
<br />including, but not limited to, liabilities for overdrafts relating to any deposit account agreement between Trustor and
<br />Beneficiary.
<br />D. All additional sums advanced and expenses incurred by Beneficiary for insuring, preserving or otherwise protectin~
<br />the Property and its value and any other sums advanced and expcnses incurred by Beneficiary under the terms of thIs
<br />Security Instrument,
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<br />In the event that Beneficiary fails to provide any ncccssary notice of the right of rescission with respect to any additional
<br />indebtedness secured under paragraph B of this Section, Beneficiary waives any subsequcnt security interest in the
<br />Trustor's principal dwelling that IS creatcd by this Security Instrument (but does not waive the security interest for the
<br />dcbts referenced in paragraph A of this Scction).
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<br />5. DEED OF TRUST COVENANTS. Trustor a,s.rees that the covenants in this section are material obligations under the
<br />Secured Debt and this Security Instrument. If rrustor breaches any covenant in this section, Beneficiary may refuse to
<br />make additional extensions of credit and reduce the credit limit. By not exercising either remedy on Trustor's breach,
<br />Beneficiary does not waive Beneficiary's right to later consider the event a breach if it happens again.
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<br />Payments. Trustor agrees that all payments under the Secured Debt will be paid when due and in accordance with the
<br />terms of the Secured Debt and this Security Instrument.
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<br />Prior Security Inter~sts: With regard to any other mortgage, deed of trust, security agreement or other lien document that
<br />created a prIor securIty mterest or encumbrance on the Property, Trustor agree::; to make all payments when due and to
<br />perform or comply with all covenants. Trustor also agrees not to allow any modification or extension of, nor to request
<br />any future advances under any note or agreement secured by the lien document without Beneficiary's prior WrItten
<br />approval.
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<br />Claims Against Title. Trustor will pay all taxes (including any tax assessed to this Deed of Trust), assessments, liens,
<br />encumbrances, lease payments, ground rents, utilities, and other charges relating to the Property when due. Beneficiary
<br />may re';luire Trustor to provide to Beneficiary copies of all notices that such amounts are due and the receipts evidencing
<br />Trustor s payment. Trustor will defend title to the Property against any claims th<\t wOllld impair the lien of this Security
<br />Instrument. ~rustor ~grees to assign to Beneficiary, as reques,ted by Beneficiary, any rights, claims or defenses Trustor
<br />may have agamst partIes who supply labor or matenals to mamtam or Improve the Property.
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<br />Property Condition, Alterati~I,ls and Inspection. Tr1;lstor will keep the Property. in good condition ~nd m~ke all repairs
<br />that are reasonably necessary, Irustor shall not commIt or allow any waste, Impalflnent, or deterIoratIOn of the Property.
<br />Trustor agrees that the nature of the occupancy and use will not substantially change without Beneficiary's prior written
<br />cOf!-sent. Trustor ,,::",ill not permit, ~ny chal!,g~ in al!y license, restrictive ,-:ovenant .or easement. without. BenefIciary's prior
<br />WrItten consent. Irustor WIll notIfy BenefICIary of all demands, proceedmgs, claIms, and actIons agamst Trustor, ;:Jnd of
<br />any loss or uamagc to thc Property,
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<br />Beneficiary or Beneficiary's al\ents may, at Beneficial}"s option, enter the Property at any reasonable time for the Eurpose
<br />of inspectmg the Property. Beneficiary shall give Trustor notice at the time of or before an inspection speclfy-ing a
<br />reasonable purpose for the inspection. Any inspection of the Property shall be entirely for Beneficiary's benetit and
<br />Trustor will in no way rely on Beneficiary's inspection.
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<br />Authority to Perform. If Trustor fails to perform any duty or any of the covenants contained in this Security Instrument,
<br />Ben~f1ciary ma~, without notice, perform or cause th~m to ~e performed. TIu~tor aPl?oints Bene.ficiary a~,attorney in fact
<br />to sign Trustor s name or pay any amount necessary for performance. BenefICIary's nght to perform for lrustor shall not
<br />create an obligation to perform, and Beneficiary's failure to perform will not preclude BenefIciary from exercising any of
<br />Beneficiary's other rights under the law or this Security Instrument.
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<br />Leaseholds; Condominiums; Planned Unit Developments. Trustor a,grees to comply with the provisions of any lease if
<br />this Security Instrument is on a leasehold. If the Property includes a Ulut in a condominium or a planned unit development,
<br />Trustor will perform all of Trustor's duties under the covenants, by~laws, or regulations of the condominium or planned
<br />unit development.
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<br />Condemnation. Trustor will give Beneficiary prompt notice of any pcnding or threatened action, by private or public
<br />entities to purchase or take any or all of the Property through condemnation, eminent domain, or any other means. Trustor
<br />authorizes Beneficiary to intervene in Trustor's name in any of the above described actions or claims. Trustor assigns to
<br />Beneficiary the proceeds of any award or claim for damages connected with a condemnation or other taking of all or any
<br />part of the Property. 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, security agreement or
<br />other lien document.
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<br />Insur,ance. Trustor shall keep Prope,rty insured again~t loss ~y ,fire, flood, theft and .oth.er h~zards and risks reas9nably
<br />assOCiated WIth the Property due to Its lype and locatIon. ThIS msurance shall be mamtamed m the amounts and for the
<br />periods that Beneficiary requires. What Beneficiary requires pursuant to the preceding two sentences can change during thc
<br />term of the loan. The insurance carrier providing the insurance shall be chosen by Trustor subject to Beneficiary's
<br />approval, whi~h. shall not. be unrea.sonably withheld, If Trustor. f~ails ,to ~aint~in the coverage descriped above, Benefi~iary
<br />may, at Bcnehclary' s optIon, obtam coverage to protcct BenefICIary s fights m the Property accordmg to the terms of thIS
<br />Security Instrument.
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<br />All insurance policies and renewals shall be acceptable to Beneficiary and shall include a standard "mortgage clause" and,
<br />where applicable, "loss payee clause." Trustor shall immediately notify Beneficiary of cancellation or termination of the
<br />insurance, Beneficiary shall have the right to hold the poliCIes and renewals. If Beneficiary requires, Trustor shall
<br />immediately give to B~neficiary all receipts of pa.id premiul!ls. and renewal notic~s.. Upo!"!. loss, Tru~tor s~all give
<br />ImmedIate notIce to the msurance carner and BenetIcJary. BenetIclary may make proof of loss If not made ImmedIately by
<br />Trustor,
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<br />Unless otherwise agreed, in writing, all insurance proc~~~s shall be. applied to the, re,;.torati~n or repair of t~e ~roFerty or to
<br />the Secured Debt, whetner or not thcn due, at BenetIclary's optIOn. Any apphca~lOn of proceeds to pnnclpa. shall nSJt
<br />extend or postpone the due date of the scheduled payment nor change the amount 01- any payment. Any excess WIll be pmd
<br />to the Trustor. If. the Property is acquired by Beneficiary, Trustor's ri~ht to any insurance policies and proceeds resulting
<br />from damage to the Property before the acquisition shall pass to BenefIciary to the extent of the Secured "Debt immediately
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