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<br /> !,. Nutwithewtidl�ig�ary ot'�fabdilli�t�co�I�tA1peA in ttds Ucrd oF TNSt to the Gontr�,ry,t e ternu oY thle snctf�n ehdl
<br /> eurvivo u►y fomlosurc or�atiet'�c:tion of thie Dced ot Trust regardlcFS nf any p�ss��c of tttle to Be��flciary or�ny
<br /> dl�padNnn by 9cneffcl�ry of any or ail of tho Property,Any cldm�and defa�n�ea to the amtr�ry�rr harefiy w�lvad.
<br /> Z0.CUNIN'iMNA.TION. Trustor will�lve Benefkiary pmmpt notice of say actlon, r�e�l or threatrnod, t►y private or publlc
<br /> entitltn t�puCChu�e or t�e any or�l of Ihe Property, including �ny e�uemenlr, through condrmrudon,rminrnt dom�in, �
<br /> or u►y other mw►s.`I�uuor fuxther Agrcea►to notify Beneficiary of u�y pracee�l9ngc 1nsAtuied far thc r�tabliyhtmm�t of any �_
<br /> eewer, water, conxr+�tinn, ditch, dnit�age, or other dietric:t rcl�ting to ar binding upnn the Property or �ny put of it.
<br /> Trustor�uthorize�8c�etici�►xy to Interveno in Tntttor'a n�me In any of the above datcribed nction�or clalmi+�nd to collect
<br /> nnd recetve aU sums resulting fram tha�titm�r a�xim.Trustor aasigna to Beneflclary the proceede of any award or c1�im
<br /> for d�GS connceted wlth e comlr.mnMion m�ther teking of all ar u�y part of tha Pro�►ertY. Such proceede ehsil be
<br /> considcrnd pRyments su�d will be apPlle�d as Provided in thi� Deecf of Tn►at.Thta assignment of proceede le subJect to the
<br /> termi of any prtor aecudty agree�mat,
<br /> 21.INSIJI�ANCE.Ttustor�gras to maint�in inaurmcc aa folbwe:
<br /> �►. Tnistor shul koep 1he PcoPe�tY insurod�Bainst los�by fin,thcft and ocber h�uds wnd riska reaac►nAbly woci�ted
<br /> with ihn PropercY due to ita type�nd loci►tion.cxiner i�zarda and►u,�ke�;�xy i���.lud::,f�r�;.:a�rsle, cr.��c•ege�gnine! -
<br /> lass dua ro floods or flooding. 'It►is insurance shall ix maintnined in the �mounte and f�r the periods that
<br /> Benofla9ary requiress. T1x iasurance carrier providing tho insurance shall be chosrn by Trustor subjr.ct to
<br /> Beaeftciary's approval, which shal nat be unre�sonebly withheld. If T�uator fiile to matntein the cuverage
<br /> deseribai abnve,Beneficiery erwy, ae Bensficfary's option,obteln coverage to protact Beneficiuy's dghts in the
<br /> property acx�Ming to tha te.mts of thls Dced of Trust.
<br /> All•inrurnnc.� putici� atxl ms�ewals shall be accept�ble to Heneticlary und ehall include a standud "mortB�Be
<br /> clauu' and, whae eppllcAblv, "beneficiary loss payx clause,'Tnutor shall immodiately notify Bec►eficiary of
<br /> cantxllatlan ar tannin�+tion of the insucu�ce. HeneficiuY shall have the dght to hold thc policies and renew�li• If
<br /> gopeficiary rr.quires. Trusror shall immodiuely give to &nefictary all receipts of peid pcxmiums u�d renc�wal
<br /> natipes. Upon loss. Tn�stor sh�ll give immediete notice to the iasur�moe caaier and Beneficiary. Ba►eficiary m+►y
<br /> rct�l;a pr6of af loss if not madc itnn�odiately by Trustor.
<br /> Unles�Benefieiuy and Tivstor othexwiee agra in writing, insurance pcoceed.+s�ll be applied to reawratloa or
<br /> npair of the Pi+operty damaSed if the reatoration or repair is oconomicallY fe�sible uxl Beaeficl�ty's secwiry 1s not
<br /> lesxaod. If the testoration or repair ia not economically fet�sibla or Beneficiary's security would be leseened.the
<br /> ina�noa Piv0000s �n�tl uc�y,�,ii�tt us tt'�.5:.,'sta!�';. `•!'hCl�e!nr�t rh�due= with eny exceas paid to Ttuator.
<br /> If Tnutor�buxbns the PmpeKy, or does rwc answa wit�ia 30 daya a notice from Beaeficiary th�t the insur�noe
<br /> atrrier h:s offerod w scttle a claim.thcn Seaeficiary a�ay collect the u�aurana proocxds. Beaeficiary may ux tho
<br /> ptnoeeds to rep�ir or irsture ihc Prope�ty or to pay the Secured Debc'�vhether or nat thea dua The 3�y period
<br /> Wlll bE$tll WI1C11I11C Iwucc ia gi'ri.u.
<br /> Unless BeneRciary and'fcustor otherwise agree in writiag,u►y�pplicnUOn of proccede to principW sl�aall not�xteod
<br /> or postpone the due date of schoduled paymentn or chan�e the amount of the p+ymeats. If the Property 9s�cquired
<br /> by Beneficiary.Trustor's dght to aay insuru�ce policies and praxda resulting from damAge to the P�opecty befon
<br /> the acquisiti4m sball pa5s to Beneficiary to the eateat of tlu Securod Ikbt immediately before tho acquisition.
<br /> B. Truswr agreea to maiataln wmAnk►cnsrve general liabllity iasuronca aaming Hmeficiary aa�n oddition�l uuu�ed ia
<br /> oa amount acceptable to Bencficiery. insuring ageinst claims arising from any Acctdent or occurnaoc in or on the
<br /> C. T�agc�ees to mAiatain rc�ntal loss or buai�s.i iitterruption faiuran�x, as raNitat by &aeficiwry,in�a amouut
<br /> equnl to at lwst coverago of one year's debt servico,w�d ttqutrod escmw aocount deposite(if�gteed to i�epantcly
<br /> in writing).under a form of policy acceptable to Bene6clary. '
<br /> 22.NO ES�ROW F'OR TAXES AND INS[JRANCE. Unless otlietwise pXovided in a sepuue agreement. Ttustor will not
<br /> be requirec!to pay to Aeneficiary funds for tax�,w and insur•uxe �n escrow.
<br /> 23,FINAriC1Ad,REPORTS AND ADDTfIONAL DOC[JMEI�iiTS: Ttustor will pravide to Beneficiary upon requost� mY
<br /> finuncl�l etattme�t or infom�adoa Beaeficiary cnay denn�.Trnstor warr�nts that all Cnancid sc�temeatd +md
<br /> infom�stlon Trustor provides ro Ba►eficiary u�t, or will be, accurste, cornet+ end comP�ete• Trustor �grea to siBn�
<br /> deliva. and�ile as�eneficis�r5'maY rea�onab�Y requeat any addicional doctweats or cenifications ih�t Beaeficiuy mry
<br /> coasider aocessuy to p ffuxnis►os fails�to do�so. &neficiary mny siga,deliver, owd Gie�suchf documeataBor�artific�tea n
<br /> stuus on the Property �� �e�cluy or $eneficiuy'e�gent� attorney in f�ct W do tlu
<br /> 'frustor's name u�d Teustor hereby irc+evocably appo
<br /> things noass�ry co comPly with this section.
<br /> TA.JOIlVT ANi)II�iDNIDUAL LIABIY.I'i'Y:CU-SIGNLItS;SIJCCFS5(DR�ArID ASSIGNS BOiJND. All dutiea under
<br /> thie Dood of Trust are joint and individual. If Tnutor signs tlila Daod of 7'rust but Aoea noe sign the Evideaa of Debt,
<br /> 'fn�tor docs so only to roortg�ge Truscor'a interest in the P�perty to secure paymrat of the 5ccurod Debt eixl Ttuctor
<br /> does not agree to be personally liabie on the Secuted Debt•Tsustor agrees thu Beneficiuy and any party to this Deoct of
<br /> Trust may extend. modify or melce any changc in the teinas of this Deed of Trust or the Evidtnce of Debt wiWout
<br />-= Tcustor's consrnt. Stch a chsn8c will not rele�se Trustor from the tecros of ttils Deed of Trusc.7t►e duties and benefits of
<br />=; this Dad of Trust sh�ll bind ancl beuefit the successors u�d issl8os of Trs�stor ond Beueficiary.
<br /> i If this Deal of Trust secures a guuanty betwan Beneficiary and Trustor and does na directly secure the obligation whirh
<br /> " is guaranticd,Trustor agrees ro waive any rights thu roay pcz.went &neflciary from bringing any xtion or claim�giinsc
<br /> __�_.�c__ L......��I1...:�.A en e�r..drf;r.i�v nr nne-action ItWS.
<br /> -= Tnutor or any pany inaeatoa undcr u,c ooiigriiuu��.��.�,�•�••�.�.��w.--------
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<br /> �'� Z5.APPLICABLE LAW; SEVERAB�ITY; IN'I'ERPItET�'I'ION. This Deed of Trust is govemed t�y the laws of tht
<br /> -- jutisdiction in which Brneficiuy is located.exapt to the extent ot2�rnvise requirod by the laws of the jurisdiction where
<br /> � thn Property is located. 7Tiis Aeed of 1'nut is complae and fully integntaf.This Da�d of'Trust miy not be unended or
<br /> >� modified by or�i agmment. Any section or clau:e in this Dad of Trust, attachm�ats,or any agreenxnt rclated to t1�e
<br /> ; Secured Debt that conflicte with applicabie l�w will not bc effective,unless thu liw expreuly or impliodly pcm�[ts the
<br /> variations by writtrn ogreement. If any sectinn or cl�use of tl�is Deed of'Crust c�n�at be enforced according to tts terms,
<br /> that soction or clause will be sevemi and will not �ffect t!►e enforc.eabiliry of �he miuinder of this Deed of Trust.
<br /> Whenever used,the singular sh�ll include the plural and the plural the singulu. 'Ilx captions and headings of the sectiow
<br /> of this Dad of Trust are for con�•enirncc only and are not to be used to interprct or define the tem�s�th�t�e�Trust.
<br /> "" Time is of the essence in this Deed of Trust. wr 6 0�6
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