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<br /> � L. Notwithstagding aay of thc language oontained in this D�of Tn�st to the ooatra:y.che terms of this sectioa shall
<br /> survive aay foteslosvt�e or satisfactiaa of this Deed of Tnut regardless uf aflY Pass��of ritle co Beneficiary or any
<br /> ;� disposition by Benef ciary of any or all of the Property.Aay claims and def�ses to the conuary are hereby waived. ,
<br /> t nouce of aay action.real or thnateaed•by private or public
<br /> � •� 2@.CONDEl1+iYdATION.Trustor will give Beaeficiary promp . ,
<br /> eatities to pu�hase or take any ar all of the PropertY.wcluding any eas����ghn'tuted f�o�r t�he�e�blisfim�st of�any . . :
<br /> � . � or any other means.Tnutor further agtees w notify BeaeficiarY of�y p a the Pro or any part of it. ;
<br /> � sewer. water.consecvation. ditcb.draiaage,or ot}ur disvict relating to or binding upo Fe�3%,
<br /> ' ' ` Tn�stor authori�s Beneficiarl+to iniervene in Tnuwr's aame in any of the above described actions oof ana�y award or�claim
<br /> ,� ` _ � aad ieceive all sums resulting from the actioa or ciaim.Tn�stor assigns to Beaefcciary the Pms�ds �_. , --.-
<br /> i for damages connectod with a coade�arion or other taking of all or any part of the Propei'ty. Suc6 proceeds shaU be
<br /> consideted payateats aad will be applied as provided ia this Deed of Tn�sK.'This assignment of pmoeeds is subjea to the !. � .�
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<br /> tecros of aay prior securitY agteenneat• i'{. :
<br /> Zl.INSIJRANCE.Trustur agrees w maiatain iasurance as follows: � . , . .:. `•f'f
<br /> , A. TcustoT sball keeP the P�OPec�N iasured against toss by fue.theft and other hazards and risks reasonably ass4ciazed r t
<br /> • with the Praperry dae to its type and location.Qthcr haratds and rusks may inclnde,for exauaple,coverage againsc
<br /> . loss due w Qoods or ftaoding. This ias�uance shall be maintained ia the am4�mts and for the periads that �• _
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<br /> Beneficiary teqvires. 'Ilie insurance cazrier providing the ins►uaace shall be chosea by Tn�swr sabject to f:, .
<br /> � Beueficiary's app�oval. wluch sball not be unreasonabty vrithheld. If Tmswr fails w maintain the ooverage ii .
<br /> descnl�ed a6ove.B�eficiary maY•at Beneficiary's opuon,obtaia coverage to protect Baaeficiary's rights in the . `
<br /> prop�ty according w the tem�s of this Deed of Tnut. ; .:
<br /> ' � Ait i�uanse Poficies and tenewals sUaU be acoePtable to BeaeficiarY and shali iudude a staadard "mortgdge F . _
<br /> licable. "beneficiary loss payee ciause." Tnistor shall i�ed+'�Y norify BsteficiarY of I•.
<br /> . �iaa�st° aud.where aPP ��Ye�ri���y�the pohcies and renewals. If : ' -
<br /> ' c�cellation or termination of t}te in�ua�. ��Y of :emiums and renewal �� . :. �
<br /> S�eficiary requires• Trastor shaU immediaiely give to Beneficiary a11 ��s P� P ;: �,
<br /> Traswr shall give immediate notice to the insurance carrier aad B�eficiary. Beaeficiary maY � .i,_.,`
<br /> nntices. Upon toss, i �' „
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<br /> make gmof of loss if not made ia�ediately by Tnuwr• � �r -
<br /> . . U n I e s s B e n e H c i a r 9 ia writin insarance Proceeds shaU�aPPlied to restoration or `i!, �'_;a,t=`:
<br /> a a d T n�s t or oWerarise a g r e e g, ,:.,� _
<br /> ' r�air of the ProP�Y�Sed if the nstoration oi repair is eooao�cally feas i b le a n d B e n e fi c i a ry's s e m r I t Y i s n o t . _!.'.`:t ±;;Y. :,`?.s
<br /> ' te�sened, If the restoration or:epair is not economically feas�'ble or Beneficiary s seauity would be lesseaed.the j ,� , --
<br /> insaraase proceeds aha11 be applied to the Se�uced Debt,whethec or not then due,vvith a�r exc�s paid w Tiustor. ;�'i:'. . ' _
<br />_ If TiEVStor abandons the ProP�'•or dces not answer arithin 30 days a notice from BeneSciary that the insurance , :;.,. , -. .'�n
<br /> ' � carrier has offered to settle a cta�n,tttea Beneficiary mey cn:�ect the insurance Proteeds•Beneficiary maY use the _ �..'(::;+n;:;:
<br /> ' pmceeds w iepair or restor�t�.Property or w pay the Sec��d Deht whether or nnt tDen due.'Rte 30-day period ..;��,' `;
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<br /> :,, gia when t�e�re is given. •s., • ,, `. .`•:,
<br /> :' will be � •;:.�f:;. : . -
<br /> not extend .�``'�`"�•, .
<br /> " UNess Beneficiazy�d Tn�stor otherwise agrce in writinS,aaY aPP�on of grocceds to principal shaU �:;�,,Fra::,:�„ir;::
<br /> . , _ or postpone the due date of scheduted paymes►ts or change the auwunt of the paymeats.If the Property is acquired _ .. . a-=�``.
<br /> . by BenefcciarY,Tnutor's dght to any insurance polici�aud pmcee�ls resulting from 8amage to the Pr�p�erty before =i.%,,.,
<br /> the acquisi6on s6a11 Pass to Beneficiary to tiie extent of the Secured Debt immedi��Y,�as an addi�ttanal insured'm .' t .��.r; �, ,��
<br /> ' : � B. Trustor agrees to waiatain oomprehensive general liabiliry insurance aaming �.�':�;::.
<br /> an amouat acceptable w Beaefcciary. insurtng against claims ariswg from any aceident or occuneace in or an the °: �'��-„
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<br /> C. �i agces to maintain rent�lloss or bnsiness interrug�n insuraace.as required by Beaeficiary,in an atnount :- .
<br /> . � ' eqnal w at least coverage of Q��year's debt seivice,and m�3ired escrow account deposits(if agreed to sepaiately . .
<br /> • ia wciting),under a form of policy acceptable w Beaeficiacp. � �''�
<br /> � ,�;��. '� eemen�TnLStor will not " .�,. -
<br /> � ,!;,:�:;• ' - 2:Z.NO ESCROW FOR TAXL�S AND INS[JRANCE.Uniess othe�wise pmvtded in a separate agr , ;:�r
<br /> � be required to pay w Beneficiary funds for taxes aad insvrance ia escrow. :`_-,._
<br /> i , � . Z3.FINMICIAL REPaRTS AND AffiIIt�ONAL DOCUNffi�S-T�=ustoz�warrants ti�t aIl fla�anci 1 s t�esn ts aad _ �
<br /> � .s;::,' fmancial statemeat os informasion Beaeficiary may dcem necessary.
<br /> information Tn�stos procui�es to Beneficiazy are, or wiU be. ac�urate, correct. and com�=�e. Tn�stor agrces to sign, ..
<br /> �' ,�::'; �•;� deliver, and file as Beas,�ciazY maY reasoaably request any addiaonal dacumenta or certifccations that Beaeficiary maY , .�
<br /> .� ' . ' ' consider necessary w perfect,cantiaue.and preser++e Truswr's avLgatians under this Deed of Trast and Beneficlary's lien .
<br /> .�z • status on the_Property.lf Tn�star faifs r,�do so.Beneficiary�5 ='.�,deliver,aad file s¢ct�doa�ments or certificates Ia . :
<br /> '- . ' ' Tnutor's name and Tmstor here�sy +�+ocably appoints Beaefic�ry or Beaeficiary's agent as attomey in fact to do iiie
<br /> . , things necessary to compI3 witb tlns section. �
<br /> ;'� . %`.� � ' �S.JOINT AND aPTD1�►IB�Ue�.LIABILTfY;CO-SIGNERS:SUCCESSORS A.'a,'�ASSIGNS BOUND.All duties�ader : . . �
<br /> ''r; this Deed of Tn�st are jc�t and ircdividnal. lf Tnutor slgns this Daed of Tnst but does not sign the Evidence of DeUt, ;;�,:, , ��_;,.
<br /> • . 'i Trustor daes so only to mortgage TrJ..,ror's lnterest in the prope;cy to secure payraent of the Secured Debt and TrusYar .:;::
<br /> `"� • '.' does not agree to be personally lia.�te ca the Secured Debt.Tsrs'r.a agrees that Beneficiary and any partY to this Deed of ,
<br /> i Tnut may extend. modify or malse zsy chaage in the terms c`t�is Deed of Tnist or the Evidence of Debt withaat
<br /> Tn�stor's wnsent•Such a change wila not retease'huscor from�he t�rms of�:s'�eed of Ttust.71ie duties znd benefits of
<br /> � this Deed of Trust shall biad and benefct the succe:�►s and assigc�of Tn�stc:z�^3 Beaeficiary. � . .
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<br /> If this OeeA of Trust secures a guaraurr�:eiween BeneB��ar�'a�`'�'�r-stor and does not directly secure the c�iigation which ; '
<br /> is ed,Tn�stor agcees to wai�c�y rights that may pr��t Benefrciary from b:inging any action or claim a�ain..K �
<br /> • Tr�r or any party indebted under the obligation lnclading,bu-t aot limited w.anti-def�ciency or on�acrion laws. C:
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<br /> 25.ApPLICABLE LAW; SEVERABILITY; II�ITERPRETATIOPJ. '�is Deed of Tn�st is govemed by �.e laws of she �1.�,-
<br /> jurisdiction in which Beneficiary is located.except to the exteni clterwise required by the 18ws of the jwssdictioa a��hete i ''
<br /> � the pmperty is located.This Deed of Tnut is complete and fuIi; integrated.Thia Deed of Tnist may not be amended uz :
<br /> modid'ied by oral agreement. My section or clause in this Deed of Trust. attachmcnts.or any agreement related[a flte
<br /> Seaued Debt that contllcts with aPPlicable law will not be effective. unless that law expressly or impliedly permits tiie
<br /> variations by written agreement.if any sectton or clause of this Daed of Trust cannot be enforced according to its temu.
<br /> . .� • i that section or clause wiU be severed aad will not affect the enfurceability of the remainder of this Deed of Trust.
<br /> ° ; � Whenever used,the smgular sflall include the plural aad the plural the singular•The capaons and headings of the sections
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<br /> of this Dced of Tmst are for convenieace anly and are not to be used to inteipret or de fine t he terms o f t L i s Deed of Trust.
<br /> ,. . 'i"m�e is of the cssc;tcc ist this Deed of Tnast. oe4o s or e
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