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<br /> '�'above desc�ibed actions or clalrns. Grant�r asslyns to lender the prcueads of any awa�d or claim for
<br /> + damages connected wich a condernnaeton aF other taklr� oP alt or any patt oF the Propercy. Such
<br /> proceeds shall be considered payments and will be applled As provlded In thls Stcurity Instrument.This
<br /> � assignment of proceeds is subJect to che terms of zny prio► monqaqe, deed of trust, security
<br /> agreement oe other Ifen doeument.
<br /> 19. INSURANGE.Grantor sh�ll keep Property Insured a�alnst I�s� by fire fI00d, thek and other hazar�s
<br /> � and �isks reasonably associated with the Property due to Its type and�otatlon. Thls Insurance shall be
<br /> + maintained in the amounts and for the perlods thac Lende� requlres. T�e Insurance carrler providing
<br /> che insurance shall be chosen by G�antor subJect to Lende�'s approval�w Ich sh�ll not he unreasonably
<br /> withheld. If Crantor fails to maintain the coverape described tbove Lende� m�y. at Lender's option,
<br /> abtain coverage to protect Lender's �lphts in tht Prope►ty �ccord�n� to tht te�ms of this Security
<br /> Instrument.
<br /> All inSUrance policies and renewals shalt be accept�bl� to Lender �nd shall Intlude a scanda�d
<br /> "mongage clause" and, where applicabt�,"loss payee clause."Grantar sholl Immedlately notlfy lender
<br /> of cancellati�n or termination of the Insur�nce. Lender shall have the rlqht to hold the politles and
<br /> renewals.lf Le�der requires.Grantor shall immediately yive ta lender all recelpts of psid premlums and
<br />_ renewal notices.e proof of loss If not Smade I�mmedlately�by G�intoro the insu�ance ca��le� and Lender.
<br /> S Lender may malc p
<br /> � Unless otherwise agreed in writing,all Insur�nce proceeds sh�ll be applted to the restoritlon or repair
<br />=a of the Property or to the Secured Debe,whether or not then due�a�t Lender's optlon.Any appllutton of
<br /> proceeds to principal shall not extend or posepone the due date of the scheduled payment nor change
<br /> che amount of any payment.Any excess wllf be pald to the Grantor. If the Propeny Is acquired by
<br />.� Lender, Grantor's right to any insurance polic3es a�d proeeeds resultlny from dama�e te the Property
<br /> `.� before the acquisition shall pass to Le�der co the extent of the Secu�ed Oebt lmmedi�tely before the
<br /> acquisition.
<br /> � 20. ESCROW FOR TAXES AND INSURANCE. Unless otherwise provided in a sepante �reement�G�antor
<br /> -- will nat be requlred to pay to Lender funds fo� taxes and Insur��ce In escrow.
<br /> - 21. FINANCIAL REPORTS AN�ADDITIONAL D�CUMENTS.Granto�will provide to Lender upon request�
<br /> any financial statement or info�matlon Lender m�y deem reasonabiy necessary.Gnntor a�rees to slQn�
<br /> _ deliver, and flle any additional documents or ceniflcations that Lender may conslde� necessary ta
<br /> perf�ct, continue, and preserve G��uetor's obligations under thts Security Instrument and Lende�'s lien
<br /> status on the Property.
<br /> 2L lOINT AND INOIVIDUAL UABIUTY; CO-SIGNERS;,SUCCESSORS_AND_ASSlGNS,�OUNDryAiI dutles
<br /> under this Security Instrument are}oint and tTiti'iviat�ta{. Ot v���u'v. s3 ii.2:... :�..�•••• !..-.._!!!!!'!t but :_ .
<br /> does not sign an evidence of debt. Grantor does so oniy to rnort�a9e�rantot's Interest�n th�ProptrtY
<br /> to secure payment of the Secured Debt and Grantor does not a9r�e to be personaliy Il�ble o�t the
<br /> Secured IDebt. If this Seturiry Instrument seeures a gua�a�ty between Lender and G�antar, Gn�tor
<br /> agrees to waive any rights that may prevent Lender fram bringin any actlon or clalm a �Inst Gnntor
<br /> or any�party indebted under the obilgatlon. These �ights may�nclude� but �tte not I�mit�d to� an�
<br /> anti-deficlency.o�one-accion laws. Grantor a�rees that lender and any party to thls Security Inrttument
<br /> may exter�d, modify or make anY change in the terms of thls Setvrity Instrument o� sn evidente vf
<br /> = d�ebrumtent�c'fGhe duties and beneflts of thii�ecuriiy inscn�meni shill bind snd beneflt he i�uce�eisof i
<br /> - and assigns of Grantar and Lendec.
<br /> 23. APPLICABLE LAMh,SfVERABiLITY;INTERPRETATiON.This Securiry Instrument is qaverned by the laws
<br /> ° of the�urisdiccian in which lender is located except to the extent othervWse required�the I�ws of the
<br />— ur�sdiction where the P�apercy is located.'�his Securiry Instrument Is compkte and Ity Inttpnred.
<br /> �is Security Instrument may not be amended or moditied by oral �9reement. Any sectlon Tn thls
<br /> Security Instrument. attachments, or any �g�eement related to the Secured Debt that eonAltts with
<br />° applicabte law will not be effective� unless that law expressly or Impllediy perrrfits the varittlons by
<br /> written agreement.If any section of this Secu�lty Instrument wnnot be enforced accordin�to Its terms�
<br />— that secaun will be severed and will not affect the enforeeabiUty of the remainder o this Security
<br />— Instrument. Kmenever used, the singular shail include the plural and the plunl the sinqutsr. The
<br />— wpcions and headings of the sections of this Security Instrument a�a for eqnvenl�nte only and are not
<br />— to be used to tnterpret or define the te�ms uf this Securlry Inst�ume�9t. 1'ime Is of the esseete In thls
<br /> Security Inst�ument. � '' '' � "' �
<br />= 24.SUCCESSOR TitUSTEE.Lender�at lender's option.may f�orn time to time�emove T�ustee and appolnt
<br />= a successor trustee wlthout any other formality than the designatlon in writinq.The suttessor truttee,
<br />,� without conveyance of the Properryntlhali �i�le law zll the tltle, power antl duties confe�red upon
<br /> Trustee by this Sew�ity Instrument a app
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