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2Q1�Q726� TO PROTECT THE SECURITY OF THIS DEED OF TRUST: 1. PAYMENT OF INDEBTEDNESS. TrustoY shall pay when due the principal of, and the interest on, the indebtedness evidenced by the Note, chaYges, fees and all othex sums as provided in the Loan Instruments. 2. TAXES. Trustor shall pay each installment of all taxes and special assessments of every kind, now or hereafter levied aga.inst the Trust Estate or any part thereof, befoYe delinquency, without notice or dema.nd, and shall provide Beneficiary with evidence of the payment of same. Trustor shall pay all taxes and assessments which may be levied upon Beneficiary's interest herein or upon this Deed of Trust or the debt secured heYebp, without regard to any la,w that may be enacted imposing papment of the whole or any part thereof upon the Beneficiary. 3. INSURANCE AND REPAIRS. TrustoY shall ma.intain fire and extended coveYage insuxance insuring the improvements and buildings constituting part of the Trust Esta.te for an amount no less than the amount of the unpaid principal balance of the Note (Co-insurance not exceeding 80% permitte�. Such insu.Yance policy shall contain a standard mortgage cla.use in favor of Beneficiary and shall not be cancelable, terminable or modifia.ble without ten (10) days prior written notice to Beneficiary, Trustor shall promptly repa.ir, mainta.in, and repla.ce the Trust Estate or any part thereof so that, except for ordinary wea.r and teax, the Trust Estate shall not deterioxate. In no event shall the Trustox commit waste on or to the Trust Estate. 4. ACTIONS AFFECTING TRUST ESTATE. Trustor shall appea.t in and contest any action or proceedi.ng purporting to affect the security hereof or the rights or powers of Beneficiary or Trustee, and shall pap all costs and expenses, including cost of evidence of title and attomey's fees, in anq such action ox proceeding in which Beneficiary or Trustee may appear. Should Trustor fail to make any payment or to do any act as and in the manner provided in any of the Loan Instruments, Beneficiaxy and/or Trustee, each in its own discretiott, without obligation so to do and without notice to or demand upon Trustor and withot�t xeleasing Trustox from any obligation, may make or do the same in such manner and to such extent as eithex ma,y deem necessary to pxotect the security hereof. 'Trustox shall, immediately upon demand therefor by Beneficiary, pay all costs and expenses incurred by Beneficiary in connection with the exexcise by beneficiary of the foregoing rights, including wirthout limita,tion costs of evidence of tide, court costs, appraisals, surveps and attornep's fees. Any such costs and expenses not paid within ten (10) days of written demand shall draw interest�at the default rate provided in the Note. 5. E�ViINENT DOMAIN. Should the Trust Esta.te, or any part thereof or interest thereiri, be taken� or damaged by reason of any public improvement or condemnation ptoceeding, or in any other manner including deed in lieu of Condemnation ("Condemnation"), ox should Trustox receive any notice or other information regarding such pxoceeding, Trustox shall give prompt written notice thereof �to Ben�eficiary. Beneficiary shall be entided to all compensation, awards and otheY payments or relief therefor, and shall be entitled at its option to commence, appear in and prosecute in its own name any,actidn' or pxoceedings. Beneficiary shall also be entided to make anp compromise or settlement iu connection with such taking or damage. All such compensation, awaxds, damages, rights,. of action and pxoceeds awarded to Trustor (the "Pxoceeds") are hexebp assigned to Beneficiaty �.� �� ', ' 3