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<br /> 98-- ����
<br /> for the ane contained hcrein.
<br /> b, All paymcnts thnt are required ta bc advanced by the Beneficiary to pratect the 1'rust
<br /> Estate, shsll bear interost at the rate of(6.7486%)per annum.
<br /> Thie Deed of Trust,the Note,and any ottaec rnstn.unent given to evidence or fiuther secure
<br /> tfie payment and performance of any aFarr:garioar.sacar�?.�rnt�y�re referred t�collectively as the
<br /> "boan Insm►ments".
<br /> TO P]ROTECT THE SECI3RITY OF THIS DEED OF'TRUST:
<br /> 1, �jQ,i,�fE"�;T OF IlVDEB'i'F.�i NESS. Trustor shall�z,r�s�'hxn due the principaR Qf,a�,d the
<br /> , � iat�ex�°sn on,the ini�ebfedness e�videnced�y the Nate,��u�es,��i�eq and all other sums as pro�vided i� .
<br /> the 1L caau Instruments.
<br /> � 2. TAZE�. Trustor shall pay each installment of all t�xes and specisl assessmonts of every
<br /> kind,now a hereafter levied against the Trust Estate or any pa:t thereof,befor+e delinquency,wishout
<br />� notice or clemand,and shall provide Beneficiary with evidencc of the payrnec��m€the same. Trustor
<br /> � sba�]�ay all taxes and assessments which may be levied upan Bene�iciary's a�ntErest herein or upon
<br />'" � this��eed of Tnz�t or the debt se;ciu�ed henby, without regaTi�'ca any law that m�;�l�e enacted
<br /> � ' im�p.�si�g payment of tho whole or any part thtreof up�m the��ne�cisry.
<br />�� 1997 Real F,state taxes hav�been paid by the B�eneficiary and the 199f��f�ea7�s3nte�taa��a s?�1
<br /> .i be prorated between the Trustor and the Beneficiary for the 1998 tax year up �t�a 3�e�l-�te of this
<br /> � closing.
<br /> �.
<br /> �'' 3_ �I�iJi�ANCE AND F.F,pAIBS. Trustor shall rnsintain firo axid extended coverage
<br /> irysurance insuring thc impruvements and buildings constituting part of thc Tn�st Estate for sn
<br /> � amount no kss t�n�the amount of the unpaid principal balance os�ft�e Note secured by this Dad of
<br /> � . Trust and the ni���ecured by Deed of Trus�,ar Mortgage undcr vv)he ch D.Way►i�d V'anu�d�i�IJ rnf Grnnd
<br /> 'i�, I��;��i3E is the socured gariy refernd to abnve,(ctri�surance not eXcoadin�89°J�p�i�t�d). Such
<br /> :'�� � �•�v��nc�policy shall contai�l�standard rnortBaSe al�sus�in favor of the pnr3i�s t o i}�ext�nt of their .
<br /> .;.�•, .,' .
<br /> q�� inieiaest t�ec+ein and shall iwt!i�canc+��rablz,terminable ur modifiable withoin��tx�f�10)�uys prior
<br /> �r'''� wrilten notice w Beneficiary. rrusto.r s1h�il�l yromptly repair,maintain,and replace t3�e T�rust Estate
<br /> �'� or any partthercof so that,ex,cept fma��mil�i�nar,y wear and tear,tha Trust Estate s�all r�o2.iieteriorate.
<br /> + In na event shall the TrusLor commit��sie on ar ta the Trust Estate.
<br /> x .
<br /> � 1 , 4. yC'Y'��'t�.vS AFFECTII�G']I7°t±;,�ST ESTATE. Trust�,�r shtill appear in�ani�!n.c,atest any
<br /> ' acdori or proceeding purpurting to affec��1he secutity hereof or the rights vr powers cr�'IF3�me5ciary
<br /> • or Trustee,and shall pay all costs and expenses,including cost of evidence of title ard a�¢,ca�ys fas,
<br /> in any such a�cdon or proceeding in wlhich Beneficiary or Trustee may appear. Should�`•1�'�or fail
<br /> , � ; to make any 1�aYment or to do any aci a��►+�d in the maiuier provided in any of the Lozur,niias�ments,
<br /> � BeneSciary and/or Trustee,each ir�iu o�discnetion,without ok�IlaQation so to do�nd��hc'ta�wt notice
<br /> � t�ar dernend upon Tn�st�x arut without releasing Tma.¢4�rr from anny obligatficrse�rrnay ma]ic��or do the_
<br /> � sa�in such mannec and i,ce y�,neh extent as eithea rr.�:�r cJ{��n�c�xsary tm�ra�st��,�c the security�xre��:
<br /> TrusWr s,lutE,,unmediately upon den�amd!harefor by Bentf��ac�:•.,1Fay all cosQs and expensxs incurrec�
<br /> � by Benefic�y in cotinxrion wit�tF�exercise by Benefi�ia�r.g���f the foregou�g rnght�,including
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