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<br /> B. Atl future advances fmm Heaehchary to'1'tustor or other tuture abligati�ns vf Trustot to Hzncficiacy under any ;� ` � ;�
<br /> � . proailssory aote, wntract,guaranty, or other evidence of Ccbt existing now or uecuu;tl at�r,r this D�of Trust � ;�
<br /> � wh�eher or not this Oted af Trust is specifically refernd to in ths evidaue af debt. ? � . ' ` ' __
<br /> jC. All obti�ations Trustor o�Ves to Beazfittary. which now cacist or may luter arise. ta the excen[not prohibit�l by F ` a`
<br /> �, � law, fneluding, buc aot limited co, liabillties for overdrafcs relattng to any deposit acwunt agttem�nt hetween ; � � _
<br /> ' • � 'd'mstor and Benefi�tiary. � � -
<br /> i D. All addirional sums advanceA and expenses incurred by�eaeficiary for uuuring,preserving or otherwise proteaing �, , M_
<br /> ' the Progeay and its value aad aay othu su,�ss advanced and expenses incuir�d by Beneficiary unda the tarms oF �
<br /> � � ' tt►is Deed of'ttust, plus intrnat at the hi�hesc rate in effoct, from tirne to ti,�oe, as provided in the Evfdcuce of - - � - : ;
<br /> Debt. < "
<br /> E. Trustor'6 perforIItante undCr the tetms of any instrutnent tviAencing a debt by Truswr m Benesiciary and any D�d . '.+�
<br /> f af Trust securlag,guaraa[ying,or ocherwise relacing to th�dcbt. • • '" '
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<br /> ; lf�more than one yerson slgns this Deed o€Trust as Tiuswr, each Trus�or agroas thac�his Deed of'l�CUSt will secure all � • .•�.:��
<br /> � � fu[ure advances and future obligadons describod above thnt are given to or inc�ured by any ane or more'I'ruswr.or any � . ,�..:
<br /> oae or more Truscor and othr.cs.'[h�s Deed of Taust w�11 nnt securc;any oiher debt if Beaefcclary fails.wich respecc to such .. = '�..
<br /> _ : � other debt,to mak�any nquircd disclosure abnut[his IIeed of 3tust or if Beneftciary fails to give any:equired notice of ` ...' '.-:�=%°'�
<br /> the right of cescission. �� � "'�
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<br /> � � � 5. PAYNiENTS.Trustor agras w matcc all payments on the Secured Debi v,hai due and in acxordanee with[he cerms of chc � ! �-., -; �
<br /> .`; ; Evidence of Debt or this Derd oP Tn�st. �
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<br /> ' � 6. WARRANTY OF'II'iTLE.Tn�stor covenaats that Tsustor is lawfiilly s-eized of tbe esYate conveyed by this Dexd of"lYust _ �. � �'�
<br /> aad�as the righc io ircevoeably grant.convay and seil w Tn,st�,in wsc.with power of sale,the Property and wa�rants '. '. _�;,��-ar`
<br /> � that the Propeny is unena�mberccl,�xce:pc for einvmbrances of racord. . - _'=: ---
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<br /> � �� ' 7. CLAIIbiS AGAINST TITY.E.'Tn�swr wil!pay all caxes,asse.ss�nenu,lie,ns,encumbranu�,le�se payments,ground renu, : -�' ;,�
<br /> � utilities.and other ciiarges relating ca the Propeny whea due. Beneficiary may ru�uire Tn�stor co provide co Beuehc[ary :s,�-
<br /> � copies of all notic�s[hat s�ccd amounts are duc and the receipts evid�ncing Truscor's�ayment.'lYusior wUl defead title io : •�� - ;_ -�:
<br /> �he Pronerry asainsi any claims chae would impair�+e lien of thts Deed of Tn�st.'Cruscor agrces co asss;n co Heneftciacy.as `���`•:
<br /> � requca-[al by BeueRciary, any rights, claims or dcfenses which Tmstor may have agains! panies whu supply labor or �-
<br /> ' materials co improve or maintain the Property. •;�
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<br /> �. pltlUR SECUEtH'6'Y INTERESI�. Wi[h regard w any other mortgage. deed of[cust, security agrecnu�t ar och�-r lien ' -,. � .� -
<br /> documeut that crcx:al a prior secu¢iey in[eres[or e�cumbrance on the Propr.rty and chat may have prioricy ov.x this Duxl T''�' 't�`�.,• i'
<br /> of Tcust,Tnsstor a.grees: `_�_ ::' -_
<br /> A. To make all paymtnts w�cn duc and to perform or wmply wttL all cov�aanu. ,�� ��;
<br /> . B. To promptty deliver to Brneficlary any nodces that T:ustor receives&om the ttalder. - ' '-�
<br /> C. Not ta make or pe�it aay tuodification or e�stension of,and not to tr,ques[or accept any future advaaces under any S' � °
<br /> � note or a„areerneat sea�reA by,the o[her mortgage,deed of wst oz security agirxment anless�eneflefary cansents � •
<br /> }n wdt[ng_ �
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<br /> . 9. DUE ON SALE OR ENCUMBRP.NCE.Boneficiary may,a[Its option,declare the ware balance of the Secuted Debt to °`�'��
<br /> � be inuned'ustely due and payabla upoa the creation o!any lien, encumbrd;:.ze,transfer,er snle,or oanuact for any of these . ,, .d,�
<br /> on the Proputy. HawevCr. if the Propeny includes Truswi s rCSideatce, �his section shall be subjoct to thc rrstaictions `�,_
<br /> � irtywsed by fedesal law(12 C.F.R. S91),as applicable.For the pu�posrs of thi�s�:c:tion,ihe term"Propeity'also incladcc �- ,
<br /> anp interest to a:F or any par[of the Properey.This covenant shall tun wich the Propeny and shall ceraain ln sffect nntU the ":'�" �;T
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<br /> Secured Debt is paid in full and this Deed of Trust is sdeasul.
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<br /> �0.12�CANS�LR OF AN INTEL�t1EST IIV TSE GRANTOB. If Trustor is an enzlry otber than a nawral person(such as a .;��� `•aY��
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<br /> wrporation or ai�er organ��a6on). Bene����ry may demand immutiaw payment if(1)a beneficia? intcrtst in Tcusror is �. .���,;,,�..,
<br /> aald or transfer�ed; (2)thert is a cbapge:a eithet [he iAenGty or numb$z of inembers of a partne�:�ip: or(3)there is a :.•••.:3;•�.
<br /> change ln ovmers'�ip of more[han 25 percont of�he voring swck of a carponaon.Howavrr,Heaeficiary may not demand �''�'��
<br /> � ;. payment In tht abovc situatlons if it fs pmhibited by law as of the date of this Dde�i of Trus't. ""
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<br /> � I1.ENTI'1CY WABR�NTIF.S AND REPTtESENTATiONS. if Trustor is an enticy u�+er chan a nanual persoA (such as a �,�,,,..�,,.,•„r,�..
<br /> cocporatlon or otRer organizatlon).Trustor sralces to Benefldary the following warranties and representations whieh shall
<br /> be watinuing as long as the Setuced DeOt r�ains outstandiag: ' .�
<br />. A. Truseor is an entity which is duly or�anized and validiy exisiiag in ihe Tiustor's state of incorporauon (or � . . �'� _
<br /> ' organlr��lun).Trustor is In good standing in all seates in whtch Tnutor uanaacts business. Trustor bas U�e power • •
<br /> and autl�oriry to owa the Property wd ro carry on its bnsiness as now being conducted and. as applicable, is ' : . �
<br />. � qualifiod to do so in each state in whicA TnLCtor nperates. � � �
<br /> e_ 't7�e exewtlon. deUvery an�pedormaace oY ihis Dccd of Ttust by T�ustor and the ubligation evidenced by tl�e
<br /> � Evidence of Debt nre within �hc power of Trustos, have been Quly audtorized. have re�xivtld al1 neeesssry . � �,
<br /> govemmcntal approval,and will not violat�any provision oP faw,or order of coun or govemmental agency. ' � , w
<br /> C_ Other than disclosed in wdting Tnutor Aas not changed Its name�vithin the last ten ye�ars and lias nflt used any �
<br /> � other uade or fictitious name. Without Beneffciary's prior writtcn consent, Tnsstor dors not and will not u��any �
<br /> other nsmt and will preserve its existin�nam�,trade nam�s and franchises until t6e 5ecur�cl Aebc is satisfled. � ,�
<br /> 12.PROPERTY CONOITION,ALTEItATIONS AND 1N3PECTIQN. Trustor will ketp rhtl Propeny in good condirion �
<br /> and make all repairs that are reasonably necessary. Truator wil!give Benefleiary prompt notice of any loss or damage to
<br />• tne Property.'l�ustor wUl kap the Property free of noxious weeds and grnsses.Tn�stor wiD not initiate,jnia in or consent •
<br /> �o aay ehange in any prlvate reetdetive covenaat, wning ordinance or other publie or pri�ate rrstriction limiting or �� � � ,r
<br /> , defining die uses which may be maJe uf the Propeay ur any pan of�he Propercy, mithouc�neficiary's prlor wriacn � ,�•
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<br /> consent. Tnutor wili aotily Beneflciary of all demwds, proectdings, elain�s, anJ actions agalnst Tru�tvr or any other . •
<br /> owner made undcv law or regulaiion regarding ust, ovmership and occupancy of the Propeny.Truscor will cumply wiih a11 .
<br /> ' l�ga! tequircm�:nts and testrictions,whethet public or private.with n:spect to tl�e usc of thcs Property. Trustor atso agrees ' � �.
<br /> that tLe nature of du ac4;upancy and use wiil not change wnhout Benctteiary's pnor written consrnl. ( �
<br /> •_ .. � No*Jonion of�he Property will be relnoved. s!cmol��ed a:mssrrisll�altered ti�it��a IIencsicis:y';pzfor::ri:un ca�scrt , . - - -- - --
<br /> except that Tnutor has the nght to remnve items of personal propeny compnsing a part�f the Property that become worn � �
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