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DEED OF TRUST <br />Loan No: 101245972 (Continued) � 0� 2 0 8� 15 Page 3 <br />reasonable times to attend to Lender's interests and to inspect the Real Property for purposes of Trustor's <br />compliance with the terms and conditions of this Deed of Trust. <br />Compliance with Governmental Requirements. Trustor shall promptly comply with all laws, ordinances, and <br />regulations, now or hereafter in effect, of all governmental authorities applicable to the use or occupancy of the <br />Property, including without limitetion, the Americans �th Disabilities Act. Trustor may contest in good feith any <br />such law, ordinance, or regulation and withhold complience during any proceeding, including appropriate appeals, <br />so long as Trustor has notified Lender in writing prior to doing so and so long as, in Lender's sole opinion, Lender's <br />interests in the Property are not jeopardized. Lender may require Trustor to post adequate security or a surety <br />bond, reasonably satisfectory to Lender, to protect Lender's interest. <br />Duty to Protect. Trustor agrees neither to abandon or leave unattended the Property. Trustor shell do all other <br />acts, in addition to those ects set forth above in this section, which from the character and use of the Properry are <br />reasonably necessary to protect and preserva the Property. <br />TAXES AND LIENS. The following provisions relating to the taxes end ifens on the Property are pert ot this Deed of <br />Trust: <br />Payment. Trustor shell pay when due (and in all events prior to delinquency) all taxes, special texes, assessments, <br />charges (including water and sewer), fines and impositions levied against or on account of the Property, and shall <br />pay when due all claims for work done on or for services rendered or material furnished to the Property. Trustor <br />shell maintain the Property free of all liens having priority over or equal to the interest of Lender under this Deed of <br />Trust, except fb� the lien of texes and assessments not due and except es otharwise provided in this Deed of <br />Trust. <br />Rlght to Contest. Trustor may withhold payment of any tax, assessment, or claim in connection with a good feith <br />dispute over the obligation to pay, so long as Lender's interest in the Property is not jeoperdized. If a lien arises or <br />is filed as a result of nonpayment, Trustor shall within fifteen (15) days after the lien arises or, if a lien is filed, <br />within fifteen (15) days after Trustor has notice of the filing, secure the discharge of the lien, or if requested by <br />Lender, deposit with Lender cash or e sufficient corporate surety bond or other security satisfactory to Lender in en <br />amount sufficient to discharge the lien plus any costs and attorneys' fees, or other charges that could accrue as a <br />result of a foreclosure or sale under the lien. In any contest, Trustor shall defend itself and Lender and shell satisfy <br />any adverse judgment before enforcement against the Property. Trustor shall name Lender as an additional obligee <br />under any surety bond furnished in the contest proceedings. <br />Evidence of Payment. Trustor shall upon demand furnish to Lender satisfectory evidence of peyment of the texes <br />or assessments end shall authorize the appropriate governmental official to deliver to Lender at any time a written <br />statement of the taxes and assessments against the Property. <br />Notice of Consvuction. Trustor shall notify Lender at least fifteen (15) days before any work is commenced, any <br />services are furnished, or any materials are supplied to the Property, if any mechanic's lien, materialmen's lien, or <br />other lien could be asserted on account of the work, services, or materials. Trustor will upon request of Lender <br />furnish to Lender edvance essurances satisfactory to Lender that Trustor cen end will pey the cost of such <br />improvements. <br />PROPERTY DAMAGE INSURANCE. The following provisions relating to insuring the Property ere a part of this Deed of <br />Trust. <br />MaiMenance of Insurance. Trustor shall procure and maintain policies of fire insurance with standard extended <br />coverege endorsements on a fair value basis for the fuli insurable value covering all Improvements on the Real <br />Property in en amount sufficient to evoid application of any coinsurance clause, and with e standard mortgagee <br />clause in fevor of Lender. Trustor shell also procure and maintain comprehensive generel liability insurance in such <br />coverage amounts as Lender may request with Trustee and Lender being named es additionalinsureds in such <br />liability insurance policies. Additionally, Trustor shall maintain such other insurance, including but not limited to <br />hazard, business interruption, and boiler insurance, as Lender may reasonably require. Policies shall be written in <br />form, amounts, coverages and basis reasonably acceptable to Lender and issued by a company or companies <br />reasonably acceptable to Lender. Trustor, upon request of Lender, will deliver to Lender from time to time the <br />policies or certificates of insurance in form satisfactory to Lender, including stipulations thet coverages will not be <br />cancelled or diminished without et least ten (10) deys prior written notice to Lender. Each insurence policy also <br />shall include an endorsement providing that coverage in fevor of Lender will not be impaired in any way by any act, <br />omission or default of Trustor or any other person. Should the Real Property be located in an area designated by <br />the Director of the Federal Emergency Management Agency as a special flood hazard area, Trustor agraes to obtain <br />and maintain Federal Flood Insurence, if available, for the full unpaid principel balance of the loan and any prior <br />liens on the property securing the loan, up to the maximum policy limits set under the National Flood Insurance <br />Program, or as otherwise required by Lender, and to maintain such insurance for the term of the loan. <br />Application of Proceeds. Trustor ahall promptly notify Lender of any loss or damage to the Property. Lender may <br />make proof of loss if Trustor fails to do so within fifteen (15) days of the casualty. Whether or not Lender's <br />security is impeired, Lender may, at Lender's election, receive and retain the proceeds of any insurance and apply <br />the proceeds to the reduction of the Indebtedness, payment of any lien affecting the Property, or the restoration <br />and repair of the Property. If Lender elects to apply the proceeds to restoration end repair, Trustor shall repair or <br />replace the damaged or destroyed Improvements in a manner satisfactory to Lender. Lender shall, upon <br />