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2. Taxes. Trustor snail ray each ins.ailment of all ;axes and specia! assessments of every kind, now or hereafter
<br /> evied against :he Trus: cs:ate or any �art thereof, �erore delinQuency, without notice or demand. �
<br /> 3. /nsuranca and Repairs. Trustor snail maintain fire and extended coverage insurance insuring the Improvements�
<br /> �onstituting part of ;he Trust Estate `or such amounrs and on suc:� terms reasonaoly satisfaciory to Benericiary. So long as the�
<br /> Prooerry is secured by a first deed or ;rust or mortgage, comoliance with the insurance requirements of the firs: deed of trust or �
<br /> �nortgage shall be suificient :o satis'ry �he requirements or ;his paragraph 3 reianng to insurance. �
<br /> �
<br /> Trustor snall prompity reDair and replace �e Trusi Estate or any part ;hereof so .hat, exc�pt`ar ordinary wear and tear, W
<br /> 'ne �rus: �tate shall not deteriorate. In no event snaU the Trus.or comm�t wase on or ,o the Trust state, or commit, su�fer or �
<br /> �ermit any ac;:o be done in or uPOn ;tie-rust Es:ate in violation or any law, ordinance or reaulation. Trusior shall pay and promptly N
<br /> �iscnarge at Trustor's cosr and exaense aIl liens, encumbrances and charges Ieviec, imposed or assessed against the Trust state (f�
<br /> �r any part ,hereor.
<br /> 4. Acrions Affecbng Trust Esrare. Truror snall appear in and carttest any ac:ion or proceeding purportinq to affect
<br /> :'�e sec�riry hereof or:;�e rights or powers of Beneiic:ary or Trustee, and shall pay aU casts and expenses, including cast of evidence
<br /> ot :;tle and attomeys' `e�s, in any suc;� ac;ion or proc�eding in wnich Beneficiary or Trusee may appear. If Trustor fails to make
<br /> any payment or;o do any aC as and in ;he manner provided in any of the Loan Insiruments, Beneficiary and/or Trustee, each in
<br /> '7e;r own discretion, wiViout obligation so to do anQ without notice to or demand upan Trustor and without releasing Trustor from
<br /> any obligation, may make or do the same in such manner and to such extent as either may deem necessary to prote�the securiry
<br /> �ereof. Trustor sha�l, immediately upon demand t:�erefor by Beneficiary, pay all costs and expenses incurced by Beneficiary in
<br /> �onnec:ion with the exercise by Beneiiciary of the `oregoing rights, including without limitation casts of evidence of title, court
<br /> �os;s, appraisais, surveys and attomeys' fess.
<br /> 5. Emine�Domain. If ;he Trust Es2te, or any part thereof or ;rtterest therein, be taken or damaged by reason of
<br /> any public imorovement or condemnation proceeding, or in any other manner inc:uding deed in fieu thereor ("Condemnation"), or
<br /> ir Trus.or receives any notice or ot7er inrormation regarcing suc:'� proceeding, Trusior snall give promot wntten notics thereof to
<br /> 3enericiary. Trustor sr.all be entitie� ;o alI cnmpensation, awares and other payments or reiieT thereor and snall be entitled at its
<br /> ..�-:cn ;o c�mmerc�, acoear in ane �resec�te in ;ts �wn name any ac:ion or Nrecssdings. Trusor snall also �e en�itted to maKe
<br /> �rv �;,moromise or se;-iement in c�rnec;ron wit7 s;:c� ;aking or �amage.
<br /> �• aDp�:�tment or Suc�°SSO� %/LSiBB. �eneric�aR' 'Ttay, ifOtTt ;IP^Q ;0 �IlT12. �V o WfILt2!1 if1Si'Ut'lE!1' °XBCJi°C and
<br /> :.�.:�Cvv�°Cy^P� JV 3ene::C18ry, ^lall2� :C ��USiOf anc -ec�roec if;ne Coun;y If1 4v�IC:1 ',h@ iUSi �S:aL° �S �OCai2C 8t1C �y Oihe!WiS2
<br /> -...^'CIVmS wit^ ;;'1@ �fCviS10�S 0T ;.':g appliCaDlB ;cw �, ';�e State J' yenras�a sucritute � SUCC°SSOf Or SUCGBSSOfS '� '�@ ;�S�oo
<br /> "Hm°C �°•°1n Cf 3C:InC ^2.'EUn02!.
<br /> %. Successors andAssigns. This Seccnc �ea� oT Tr�St dDD�ieS�c, inures to:he beneTit oi ano bincs ail �art�es neretc.
<br /> '^°:r ne,rs. :egat=es. oev�se°s. persc^ai r=�res°jITdTIV@S, success�rs ano assigns. -'ne term "Beneric:aN" ;^ail mean ,ne owner and
<br /> ���eer or any �rom,sscry no,e give.^. to �ene*iciary, '.wne:ner or no� namea as 3eneficiary nere�nj.
<br /> °. Merger, Consolidarion, Sa/es or Leases. Trus;cr covenants �`�at -rusor wiil not seil, lease or otner�vise disaose
<br /> .,' anv o= -7e Trus��s:ate. In �ne event:rat Truror s2!!s, leases or otherwise disaoses or any par or tne Trur. cstate, BeneTiciary
<br /> "'zv at rts ootion dec:are the Indecteaness sec�rec heroby immediately due and paya0ie, wnether or not any deiauit exists.
<br /> �ene*iciary snall consent to a transer or the Trus: =5:ate to a tnird party to the extent suc!� third parry mee:s the requiremeMs
<br /> ��ntainec in, and assumes the obligations se;forth in the �irst Deed or Trur.. The cnvenants conta�ned herein snall run wi,h the
<br /> ?•ooe.^.y and snail remain in full.iorce and effect until the Indebtedness is paid in Tull.
<br /> °. fverrrs of Default. Any of the following events shail be deemed an event of deiauti hereunder:
<br /> (al default snall be made in the payment of the Indebtedness or any other sum secured hereby when due;
<br /> or
<br /> !b! Trustor snall perrorm any ac: in bankruptcy; or
<br /> (c1 a court of campe:ent jurisdic:ion shall enter an order,judgmem or decres approving a petition filed against
<br /> Trustor seeiang any reorganizanon, dissolunon or similar reliei under any present or future federal, state or ot�er s:anne,
<br /> law or regulation relating to bankruptcy, insolvency or other relief for debtors, and such order, judgment or decree snall
<br /> remain unvacated and unr.ayed �or an aggreqate of sixry (60)days Iwhether or not cansecutivel from the firsZ date of entry
<br /> ;hereof; or any trustee, receiver or liquidator or Trustor or of all or any part of the Tru� F.state, or of any or all of the
<br /> royalties, revenues, rents, issues or profits;nereof, shall be appointed without the consent or acquiescance of Trustor and
<br /> such appointment shall remain unvacated and unr.ayed for an aggregate of,sixty (60) days (whether or nat consecutive};
<br /> or
<br /> Z
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