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<br /> - � � j L. Not�vit�st�g aay of the language oontaia�d in this Deed of 7'�ust w the oo�ary,the t�of tbis ser�ioa sh�ll .<<f :'; ��
<br /> susvive any foneclosvre o:�sfa�on of tLis Dead of T�t�of sny passage of titie m Be�fid�y or aay < ;,_�� t;. .�,
<br /> . . ,' � : d i s posi a toa b y Bene ficaary a f aay or a ri o f t h e P m p e�t p.A ny c l a i m s a a d d e f e o s e s t o t�e c o n t z a ry 8�h e t e b y w a i v e d. �".`,. . �:� .
<br /> ` _ . 1A.C�PI�BR�INNA'�ION.Trasror wilt give Benefzc"�ary Bmmgt notice of a�r acdon,t�al or�ed.bp Prnate m Publf� �'s..�'v ;
<br /> ' � e�tities w pu�ase or talce aay or aH of tl�e Praperiy,ineluding aaY eas�s.thmvgh oond�aation,eminent damam. �. ` _ _ ._<.
<br /> '. ' � � L:� or any oti�r�aeaas. 'knsuur l�urther agmes to notity BeneBaary of anY Pj'o��&S instituted for the establishment of any .°t',: '.
<br /> � • ; .; s e v r e r.w a t e r, c o m s e r v a t F a n,d i t c h.d r a i n a g e.o r o t h.e r d i s t�i c t r e l a t i n g w o r b i n d'm g n p o a t h e P r a P e rt y+o r a�►Y P a rt o f i t _ JZ�, ` .�. -
<br /> - Trustor suthflrizes B�aeSaa�►to W�vene in'd'nutor's name in a�r of the above descn'bed actioas or ctaims and to ooltoct �° "•
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<br /> aud teceive all snms r�alting fmm the action or�aim.Tnzstor as�gas to B�efcia��the pmceeds of any awazd or claim R ` ;
<br /> � for d�naages ca�ted witL a wndc�marion os oti�r taldng of all or any part of tt��Praperty. S'w�pmceeds shall be �• �. . ,. C,
<br /> " < ': � �i oonsideted paya�euts and w�71 be apptied as provIde�in dtis Deed of Tmst.lbis assignmffit of pmoceds is suDject to the . �:` '�:_;:
<br /> . .�� tezat�of any prior seauitq agteem�at
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<br /> :� � ? 21.II�T�UHA1�iCE.Tmswr agrces to ar�atain ins���aaoe as foIIows: �t;� .•: �-,-
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<br />:.;�� ` A. 1�[uswr shali keep th$Pragerty��st loss by ftre,th�R and other haaards and Asks�nably associated �. " � =,��-,,'
<br /> _ : with the Pmgerty dne w its type and Iocation.Other i�ds and tusks may iadad�for example.coi►e�age against { ; __ -_.
<br /> . � ,�z lcss�3ue w ftoosls or 8onding. This inauraace shall be mamtaiaed in th� amfl�mts and for the periods that � ': .:
<br /> . • •i ��Y �4�. ltie insaraac� cauie.s providing [he insoianse sha21 be chosen by Truswr snbject w K ' _
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<br /> � � • Beneffcia:q's appmval. whish shaU ncn be anreasonably .w-�e2d. ff Tcustor fa�7s to maint�n the covetan�e ` .;- ;
<br /> .`. <? desa�ed above. Beneflclazy may. at 8ene�ciary's optiC�.:a�r�*u coverage to pmtect Beneficaary's rfg,�is ia t�Ce --, -• � .�-
<br /> , ° � _ .;. pt�o�rtY axor�liing w the tezms of tbia P�Yed of Tnssi. . . . .'` ':";"
<br /> � ,3 All insinanae policies and renewals shu1P be aooeprab�rr i�nefic3arq aad sball incIade a standaa�°murtSage .4 tF'" -
<br /> - � �aouse° �d, where applicabls. "beaefrai8ry loss gapee d:�.' 7tusws sb211 iumnediately nntify E�efciary of , •-��- `'�
<br /> _`. _.?.— `? paoetiation or termination of ths insurance_ Benefceiatg.��ve�e right Lo ho2d the policies aad reuewals.ff �.-.-:�
<br /> .- �.` • .`y=� BeneSciacy req�ims. Trastor�r�lI �iately g'cve to�.=siary all ieoeipts of paid premiums and muewal `. ` `�`-.�
<br />_ . '��� noSoes. lTpon l�oss,Ttaswr shaU give�iate aotice t��i�osuraae�caaier and Beaeficiary. Benefic3my may E'' -'°::::
<br />.�' . ��` mmke gmof of loss if not made i�mediatuip lsy Trastor. ea �.:. -;,�:
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<br /> '.��" �^ .. , :,>;� re�air of the Pmperty d�age�if t�he testatatioa or repair'ss cx:anomicalty feas�'b2e mmd B�ueBc�ery s sertiriry is not . '.n ;�i�.:;:
<br /> ��� , , . t�ed.If�e reswratioa or��r fis aat ecaaomically�+�le or B�aary's seca�ity won2d be lrssened,the :_� Y: _. `
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<br /> _ . . .. �pmc�s sh�11 be applie�w�IIe�Sec�med Debt,�+*.�rher or not thea�due�wiW any excess paid to Tnisw�. ,. ,:. . . . .#....�.
<br /> � ' _ If 1Yastor abandons,fhe Pmperty,ot daes nQt Easwer wit�in 30 days a notioe fmm B�eefiiciacy tb.�:t�e insuraace '' ' ���;,;
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<br /> . _.�.. � caa�e;tsas o$eaed to seute a claim,d�.�'�y m�ag couect the insareace ptoceeds.Sen����e#y nse� 't�, f• � �.
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<br /> � � gzw.�ds to r�pair or restore the�lnopes�y,ez E��the��ed Debt wh�her or not tlt�dne.'t?�3�:F�fay pen • 5 ',' ��:
<br /> � ;. .`` •�7Y k�acVtt�the noBce is givest. ;, i�.''
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<br /> � Unless Beneflct�.*��ed Trastor as�es�+i�+y�ag�i�writ+�g..�.:9 aPPllcaiion of pmoeeds w psm.��`�lt not extend'�� ' , ck°r , ,
<br /> . or postpane the�date of sr��eduted�SSry�..�or cbange i�e amouut of the papments.tf t�e�is acqnired . �� �r s%�
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<br /> = - by Bettefica�rY,Trt�stor's aigt�t to any's�r�nce polictes a�.d pmce�ds s+e.svlting fr+om damage to tth�Pmperty before � ,�r�. -��''-
<br /> ' � the acqaisIt�oa shaU pass to Henefcciary m.the extent of tke�ed Debt immediately b�5�re the acqnisidan. • —='._
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<br /> ,�` , ',. �.�s';;r B. 'ltustor agrees w maintain co�WC�gweral liab�itg i�ance namiag Be�eficia�v�s an sdditIonal insuted in �.T '�€.�"'
<br /> • .• . _ �i•i� a n a m��t a e ce p t a b l e w B e n e f i e l s r y.in�cSn g a g a i n s t eiai�arisin g from an y aocidart�ooau�ense in or an the � ..�
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<br /> ,';_, C. Tmstor a�ees w�maintaia zental3os�mr,busiaess 9ntemtption insuiance.as ieqniied by 6eaefis�j�.�►aa amount t;��„� .
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<br /> -_. , ,.f equal w at least ooverage of oae year s GpDt servlce.aad reqalced escrow aocaims deposlts.Ctf�r�separateiy `':�:T,;�`�'_ ....._...
<br /> . ,`4����' i��'stim�,vnder a fotm of pollcy saoeptabLe w�e6aa�. �
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<br /> � �'t.NO ES��fI FO�TA7�8 Al�ENSYJRII'NCE.Unless athecwise grovlded In a separate a� '�nswr will na[ .
<br /> be required w pay w BaraSciary fnnds for 3ax�m�d insm�cc in e5aow. ' '•` _-
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<br /> L3.�'I'INNANC�A,L ItL�F'�OR'�S ANID AD1�iII!'dONA'L DOCIJN�i1ls.Tsastor w�7t pmvide to 8�frciazN��•�Y `� "'V"
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<br /> ;{ `'' fia�cFat s4ate�eat or information �ficlar�r may deean n�. Tiastos waaants tbat aLL fiaancial staiea�nts and ' . _----
<br /> _;� r '�;4!:t; iafo�Trastor provides to Becee�daty are, �r a+ill be. a�:e. correc.t. and oom��. Tmstor agrees to si�n. � ,''•.---' --
<br /> w . . � deliver. a�d fl2e as $ene8clary may�ontiblg c�qaest aay add:-�o�nal d�oamoenta or certi8cations that B�eficiaryr may ,..'� �;' `
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<br /> cansider necessary to perfect.contiane,aad p�sen►e Tn�swr's obllg,ations na�tL1s Dced of 7Ynst and Bazefici�y s liea �t.• yy,
<br /> st�tus aa the Pruperty. If Tr+�stos fail�s w do sfl,B�neficla:y may sign,deltvea.and ffie such documents or oemificatea in •�:;,��`'� '.< ,.'�
<br />- - . -. , 'Fivstel'�s.�m�and Tcustor heneby inevoca�ly appoints B�neBcazrg or Beaeficlary's agent as attomey in fact w 8o the .?�� .. . '.�:;
<br /> - . ��: ttu,�n�ary to com�ly with thia s�ction. , •`,i��, .,,'t,:
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<br /> �a�n��aie�mIDav�u�.�na�r9r;co,sa��s;sLTa�ss�ns�as���oan�. Au auu�,ma� �df�,f, , ;tt,;'
<br /> ��.... " .. this Deed of Tmst aie iomt aa�individnal.IF 7h�ar signs ttds D�ed�of�'i�rast but daes not s� tho Evid�ce of Debb �'�:�;�,�;�,, '� '
<br /> ' , Tiustos�es so only w mortgage Tmstar's in4erest in the Prupe�ty�w�sec�p�y�a t of th$�Deht aud 7Yastm � �.,, �
<br />-� .:� daes aot w be eisonaU liable on the Secuned Debt.Tcust�r a t1�t Benet3ciary aad anY P�Y to this Aced of . < ' � ��Yr;
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<br /> _- ' • Trust may ext,�Ad. mndify or make any c�enge in the te� of tbis Deed of 7Ynst or the Evidence of Debt without
<br />_ Trustoi's consen�.Such a chaage will nat release Tn�swr from the telms of tbis De�of Trost.The duties aad beaefits of '. �
<br /> -_ � ' th9s Deed oY'i`nut sl�all bind aad beneRt the s�ooesso�e and assigns of Tn�stor aad BeaeRciary. . • �
<br /> -_ � . � � If tbis OeeA of Ttust secur�v a guaranty b�twe�a BeneSsiary aud Ttustor and does not dl�c0y sa:ure the obligation whi� �� ', . � •
<br /> "°�: ' ' � ls guatmmfled, Tn�stor ag�rees to walve aay rt�ta that may prevent BeneflcIary from brIngi�ug any acdon or claim agaiast �
<br /> =+"' _ . � Tn�,stor or any party indebted under the obligation incIuding,but aot li�mited to,and�deflcieus.y or ono-act�oa lawa. :,�= � ' :
<br /> -� � ?5.ASPLICABLL LAW. SEdE�tABdI,1T9t:II�i1�EtPRETATialil.7�is Deei'1 of Trust is govemed by the lawa of tFce �
<br /> . . jurlsdiction in whIch Beaeflciary is tocated,except w the extent othera�ise tequired by the lawa of the jw�isdletion arhere . �, .
<br /> _ , . . . the Pmpe�ty is locared.Thls Deed of 7Ynst is oomplete aud fn1ly iategrated.'4�is Deed of Tn�st may not be ameendi�or . � .
<br />-�� . modi8ed by ora]a�ra�eat.Any se�xion or claase ln this Beer!of Ttnst.att�meass. ar any agreement related to the ,
<br /> :` . � � Seaued Debt that caa�lids wiW apglisable law will not be effesave,aaless that law expr�ssly or impl�edly pamits We . �. �
<br /> ' . � variatlons by writt�a a�eement. If any section or clzusc of ttris Y?eed of 7'tvst cannot be enfomxd ac�ording to ite terms. - _ �
<br /> . , tbat sed3oa or cl�ae�r:ll be sevened and will rr�,�at affect the �forceability of the �mainder of this Deed of Tmst. � , .
<br /> � � Wd'enever used,the singiilar shall include the plura!aad the plural We singular.'Ihe captions and headings of the sections . , �
<br /> ' of tb3s Deed of Tmst ar�for wnveni�ce aniy and ane not to be used to interpret or define the tems of this Dced of Trnst. � � .
<br /> _ --_- 'f'IICe i3 of the�senoe in tbis Dee�i af 7'mst. e � � nnao s o�e -
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