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2 011�4269 11. TRANSFER OR MISUSE OF THE PROPERTY. Borrower shall be in default without any notice or right to cure and Lender shall require immediate payment in full of all sums secured by this Deed of Trust if all or any part of the Property, or any interest therein, is sold or transferred by Borrower, whether voluntary or involuntary, or by operation of law without Lender`s prior written consent, which may be wi#hheld in Lenders sole discretion. During Borrower's life, the Property must be occupied by the Borrower as his or her principal residence, unless Borrowrer's heaith does not permit the Borrower to occupy the Property as his or her principal residence. The Property may not be used or maintained as rental property under any circumstances. 12. NOTICES. Any notice to Borrower provided for in this Deed of Trust shall be given by delivering it or mailing it by first c(ass mail. The notice shall be directed to the Property Address or any other address Borrower designates by notice to Lender. Any notice to Lender shall be given by first class mail to Lender's address stated herein or any address Lender designates by notice to Borrower. Any notice provided for in this Deed of Trust shall be deemed to have been given to Borrower or Lender when given as provided in this section. 13. INSURANCE. Borrower shall keep the Property and all improvements on the Property, now or hereatter erected, constantly insured for the benefit of the Lender against loss by fire, windstorm and such other casualties and contingencies, in a manner and with companies and for such amounts, not less than the amount necessary to pay the sum secured by this Deed of Trust, and as may be satisfactory to the Lender. Borrower shall also insure a(I improvements on the Property, whether now in existence or subsequently erected, against loss by floods as may be required by the Lender. Borrower shall purchase such insurance, pay aU premiums therefore, and shall deliver to Lender such policies along with evidence of premium payment as long as the Note secured hereby remains unpaid. All insurance policies and renewals shall be held by Lender and have attached a loss payable clause in favor of the Lender. In the event of ioss, Borrower shall give immediate notice by mail to Lender. If the Borrower fails to pay any premium at least ten (10) days before it is past due or deliver said policies along with evidence of payment of premiums thereon, then the Lender, at its option, may purchase such insurance. Such amounts paid by Lender shall be added to the Note, secured by this Deed of Trust, and shall be due and payable by Borrower upon demand of the Lender. 14. ACCELERATION IN THE CASE OF BORROWER'S INSOLVENCY. If Borrower shali voluntarily file a petition under the Federal Bankruptcy Act, or under any Federal statute relating to bankruptcy, insolvency, arrangements or reorganizations, or under any state bankruptcy or insolvency act, or otherwise admits insolvency or is adjudged insolvent, or a receiver is appointed for Borrower or the Property, then Lender may, at Lender`s option, dec(are all of the sums secured by this instrument to be immediately due and payable withaut pridr noiice to Borrower without any right to cure. Any attorne�s fees and other expenses incurred by Lender in connection with Borrower's bankruptcy shall be an additional indebtedness of Borrower secured by this Deed of Trust. 15. HAZARDOUS MATERIALS. Borrower warrants that: (i) The Property shaA be kept free of Hazardous Materials. (ii) Borrower shall not permit the installation, generation, transportation or release of Hazardous Materials in or on the Property. (iii) Borrower shall at all times comply with all applicable Environmental Laws affecting the Property and shall keep the Property free and clear of any liens imposed pursuant to any Environmental Laws. (iv) Borrower shal! immediately give the Lender oral and written notice in the event that Borrower knows of a violation of these warrants or receives any notice from any governmental agency or other party with regard to Hazardous Materials 3 of 5