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98— 106146
<br />q, Ingurapee. To keep the Property insured against damage by fire hazards
<br />included with the term "extended coverage" and such other hazards Lender as an
<br />require in amounts and with companies acceptable to Lender, g
<br />additional named insured with loss pay ust collect and compromise all claims thereunder
<br />policies, the Lender is authorized ail or part of the insurance proceeds , iQ to any
<br />and shall have the option of applying
<br />indebtedness secured hereby and in such order as Lender may determine, e (i) to
<br />other
<br />Trustor to be used for the repair or restoration of the Property (ii) y
<br />purse or object satisfactory to Lender without affecting tile of this ee application
<br />for the full amount secured hereby before such p y meats
<br />cr�pa�c� Q1oe, or c�i� adfautt thereunder or hereunder. due date of an pay
<br />g, E�yt. Upon written demand by Lender, Trustor shall' pay to Lender, in, such
<br />manner as Leander may designate, sufficient sums to enable Lenkrr to pay as they become
<br />due one or mow of the following: (t) all taxes, required irereunder� and (iu) the
<br />rrcperty: (ii) the premiums on the pwpertY ins by bender.
<br />premiums on any mortgage inswaiwe rcq
<br />fl =d romnlia with Lamm. Trustor shall keep the
<br />6. rr- --y-- ---- -- improvement
<br />repair, or replace, any
<br />Property in good condition and repr sita�llla tic Pmmit or ermit any waste or deteriora-
<br />which may be damaged or destroyed;
<br />lion of the Property; shall not remove, demolish or substantially alter any of the
<br />improvements, on the Property; shall not commit, sutler or permit any act to be done in or
<br />upon tLe ftav oty in violation of any law, ordinance or regulation; and shall promptly
<br />discharge ant: '; �ustor's cost and expense all limey enpncc � f s and charges levied, or imposed or. assessed against the Property
<br />7. - E a,ittA. • Lender is hereby assigned all eompe-nCation. awards.
<br />" " in connection with con-
<br />demnation amr� =alher payments or relief (hereinafter thereof, � f r conveyance in lier�o �i:
<br />cut- iadher takingq o�f� the Peoperty , Part.
<br />condemnwj oz, Lender. slnaU be entitled at its option to commence, appear in and
<br />prosecute ZtT.3ts own mire . any action or proceedings, and shall also be ,&P.6tled to make
<br />any comp imm- sa or settlement in connection eor a with such taking
<br />haoll have tthe option, it its
<br />an portion :o'f the Property is so taken or damaged, after deducting therefrom all.
<br />sole and n�bsolute discretion, to apply all such Proceeds,
<br />6,ods and expenses incurred by it in connection with such proceeds, upon . appny all such
<br />secured hereby and in such order as Lender may determineuormcffG` Tconditions as
<br />Leride m after such deductions, ligation of Proceeds to indebt�ednesssMi l not extend or
<br />Lender may determine. Any app rats under the Note, or cure any default thereuwl r or
<br />hereunder. the due date 1 ed fir payments be paid to Tnutor.
<br />hec+ettnder. Any unaPP
<br />g. o., ---.. t+v t Winder. Upon the occurrence of an Event (a;;' Default here-
<br />under, or if any act is taken or legal proceeding commenced, which ina-urially affects
<br />Lender's interest in the Property, Lender may in its own dis,opeA9111, but without obligation
<br />to do so, and without notice to or demand upon Truster a s tan d
<br />and maY aisor do
<br />from any obligation, do any act which Trustor has agreed but far
<br />to rotect th.- :smurity hereof. Trustoa• shall, immediately
<br />any other act it deems necessary P
<br />upon demand therefor by Lender pay to Lender all costs and expenses incurred and sums
<br />expended by Lender in connection with the exercise by Lender of the foregoing rirgAts,
<br />togetlwr with interest thereon at the default I to pr viiednot incur Note, hie ty because of
<br />added to the indehia loess secured hereby.
<br />anything it may do or omit to do hereunder.
<br />g gr�,��OUs jatC_d&.. Trustor shall keep the Pi%),,pcerty in compliance with all
<br />applicable laws, ordinances and regulations relating to Wu�t ial hygiene or environ-
<br />mental protection (collectively referred to heyaeirrr to wows or toxic under
<br />shall keep the Property fare from all substarwe;y "
<br />any Environmental Lams (col6ecti�++el is to Lender that there Hai dawn Mertaiais
<br />Truster h�eteby ararra�nts and reCrces�en to indentriify aataci lravlld ha�rmlrss lender,
<br />�..� o.• �n,d�er the 1Pan . Trtcstor hereby agt+oes. v "sic t„t„re -d- from
<br />its directors, oftemg,. employees and agents, am. any s��� N. -- --- -- _ -- __.. and against any as d all claims, damages, losses and liabilities aEsbr$ in connection with
<br />the presence, use disposal or transport of any Hazardous Materials on, under, from or
<br />about the Property. THE FOREGOING wARRANTIES AND REPRESENTATION,
<br />AND TRUSTOR'S OBLIGATIONS PURSUANT TO THE FOREGOING
<br />INDEMNITY, SHALL SURVIVE RECONVEYANCE OF THIS DEED OF TRUST.
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