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98104156
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Last modified
3/12/2012 12:05:09 PM
Creation date
10/19/2005 5:48:50 PM
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DEEDS
Inst Number
98104156
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Instruments" . � <br /> ; Q�� .�t����.Jr6 <br /> TO PROTECT THE SECURITY OF THIS DE�D OF TRUST: <br /> 1 . PAYMENT OF INDEBTEDNESS. Trustor shall pay when due the <br /> principal of, and the interest on, the indebtedness evidenced by <br /> the Note, charges , fees and all other sums as provided in the Loan <br /> Tnstruments. <br /> 2. TAXES. Trus�or shall pay each installment of all taxes <br /> and special assessments of every kind, now or hereafter levied <br /> against the Trust Estate or any part thereof, before delinquency, <br /> without notice ar demand, and shall provide Beneficiary with <br /> evidence of the payment of same. Trustor shall pay all taxes and <br /> assessments which may be levied upon Beneficiary' s interest herein <br /> or upon this Deed of Trust or the debt secured hereby, without <br /> regard to any law that may be enacted imposing payment of the whole <br /> or any part thereof upon the Beneficiary. <br /> 3 . INSURANCE AND REPAIRS. Trustor shall maintain fire and <br /> extended coverage insurance insuring the improvements and buildings <br /> constituting part of the Trust Estate for an amount at least equal <br /> to the greater amount of the unpaid principal balance of the Note <br /> or One-Hundred percent (100�) of the replacement value of the <br /> improvements. Such insurance policy shall. contain a standard <br /> mortgage clause in favor of Beneficiary and sh�11 not be <br /> cancelable, terminable or modifiable without thirty (30) days prior <br /> written notice tv Beneficiary. Trustee shall cause evidence of <br /> such insurance to be delivered to Beneficiary. Trustor shall <br /> promptly repair, maintain and replace the Trust Estate o� any part <br /> thereof so that, except for ordinary wear and tear, the Trust <br /> Estate shall not deteriorate. In no event shall the Trustor commit <br /> waste on or to the Trust Estate. <br /> 4. ACTIONS AFFECTINC�TRUST ESTATE. Trustor shali appear in and <br /> contest any action or proceeding purporting to affect the security <br /> hereof or the rights or powers of Beneficiary or Trustee, and shall <br /> pay ali costs and expenses, including costs of evidence of title <br /> and attorney's fees, in any such action or proceeding in which <br /> Beneficiary or Trustee may appear. Should Trustor faiZ to make any <br /> payment or to do any act as and in the manner provided in any of <br /> the Loan �nstruments, Beneficiary and/or Trustee, each in its own <br /> discretion, without obligation so to do and without notice to or <br /> demand upon Trustor and without releasing Trustor from any <br /> obligation, may make or do the same in such manner and to such <br /> extent as either may deem necessary to protect the security hereof . <br /> Trustor shall, immediately upon demand therefor by Beneficiary, pay <br /> all costs and expenses incurred by Beneficiary in connection with <br /> the exercise by Beneficiary of the foregoing rights, including <br /> without limitation costs of evidence of title, court costs, <br /> 2 <br />
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