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<br /> ' � L. NotvvIthst�ding anY of the language ooatafaed in this Dced of Tiust to the wntrazY.the tem�v of this section shall �` . � ..
<br /> . survive aay f�rdasure or satisfsctian of d�s D�d of Tnist regardless of any passage of Htte m B�fcciaty or any � �. . ..
<br /> � < , dispcsh€on by BenefcdazY of any or all of the Fmgerty.Any claiass�d defeases to the ooauaiy are h�eby wa'aved. � , .
<br /> '. vaLe or lic `',` ` , .
<br /> � � ?.�.COAIDFdV�1ATI�N.Tmswr w�l give Beneficiary pmmpt notice of aay action. real or�ed,B3►PrI Pnb ` •. ,_•.�.
<br /> - ��- `� ' eatities W p�ase or take aay or atl of the Ropaty,incdnding anY easemeats,thmugh�on.w�ne�t domain, -- ...
<br /> moeedings hastituted for the esta613sLm�i of aay �r . ': :�
<br /> . . ' ar�y otfler means.Tn�stor futther agrePS w aorify B�efciary of any p or aa af i� ` '
<br /> ` ���_ sewer,arater.oonservation.ditcb.drainage.or otLer dfistrict retadng to os biad�ag upon the PropertY Y P� ��
<br /> ee �
<br /> -�4�-. Tn�stor�thorues BeneficiaiY to interveae in Tcustor's name ia any of the abo�+e descn'b�acdons or claims aad ta co llect _ ,.. , :
<br /> ���,—,``�..4,..;';� and�ve s11 sums 'aa.ozdaias. tor assigns to B�y►t�e Pracoeds of a�r award os claim -_-..�;_�_,;>�;
<br /> for connected - �� � ' g of all or aay part of the Pmpary- Such Pmoeeds sball be _
<br /> ., dama8es �� .
<br /> - oonsideced pagm,�nts and wi11�e applied�'p�bl�h► Dced of Tnut.7his assignment of pmooeds�s subjecx w the
<br /> .,, te�ms of aay prior seca�ity s��°:'�.�� _i'��`�� '"
<br /> �_:
<br /> - � 21.INSUgAN�.Tinstar eg�ees to maintam insaiance as foliows: :`, ��; -. •�.;;
<br /> � - A. Tiastor shall keep the Pmgerty insu:ed against loss by 5r�.theft and other hszards and rlsgs ieasonably associated . ;. .��;.-
<br /> � ` . ,:•t w�h die Prog�rty dne to its tqpe aad Iacation.Other b�ds and n�s�maq include.fos e�pl�coverage aga�tsc ; w-
<br /> . l�s dne to floods or flooding. 't�is m.�cc s2mU �e m�ed in the ammmts aa�for the.Qeriads that , a
<br /> "�: , � �� gene�cia:q �eqnires. 1he inso.r�oe � ptavtding t h e � s I�a ll be c h asea b y T n u t,�r s a h j e e c w �. �.
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<br /> °�: `. .. '.• �: Beneficiary's appioval, which sball not he �samably withhetd. Tf Ttastor fa�s to mai�atn the ooverage .. -'•.�,.:..:,:
<br /> wit e .
<br /> � . . `,: :` descai'bed above.Beaefidazy►maY.�B��ri�9'S aP�an.obtain oovaage to pmted BeneSciary's rlgT�ts m the �� . : .--_.
<br /> . .. propetty acoordiag to the teims of thig Deed of T:ast. ��, � .
<br /> �
<br /> ;;;;',. �f, All �oe poti�s and zene�vats shari he aa�eptab2e w B�cia_ry and shall iaclude a standazd "mortga8e .,^�� --
<br /> ;.,�,,° ` �'- �lanse" aad, �hele aPpli+�b1� "6�Y t�o�PaYee clause." 'II�s sLaU immediatetp notify 8eneficiary of . .. � , _
<br /> ``' � �oa ca�on of the insura��ai5►s6aIl ba�e�aght to hnld the policIes and reaewats.If •< '�
<br /> - , - .';,Si�t; 8ee�eFCiarY re�Y".;�* 'II'�svor sha11 i�`'�gi�e t� B�eSdary���d B e n e f B e n e fi c s a�m a p - �;��;~, —
<br /> . ::�'�:; notic�s.UpanYoss.'�r s f t a l l S�ve i��au�m t he i n s n r m s r�e �Y• ,s��;�:�.__
<br /> . . ' . ' ` make pmof of loss if not��eIy by'Ikaswr. �' "f:.:�-
<br /> �r.- � .e:��+� Unle�s BeaeSciary an�Tiu�ar ot�wise iu writmg, isqn,.�,-�pmoeeds sball be agpli�ed to msco�on or � : ":<' .,`�_"`
<br /> : ` tC�121T Of�C p[OI1C�/�lt'�'.Ie.4�0I8L[OII OI I��T�S�O�II�}I fC881��'�B2IIE�£E�'8 fi��18IIOt .•:c.,..�>'•`:"`�'--
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<br /> ,���! le4saned. If the res�u��r�air is not eoanon¢icalIY feaslble or 8euefcclazy's�curlty wantd be lesseaed.the ---
<br /> � i�nranoe pmtectts shaI!Trre�plied w the Sec�od De�t,wh�he�or not then du�wit�aay exc�ess paid to 1'rastar. , - �—�
<br /> ` � � ' �f Ttastor abaadons the P�tq.or does not aasmes�hia 30 days a notiice from BeneBd�y that the�ce ' r;,,`.��"�'---
<br /> . . . -t: ��..- -- - -
<br /> ;'�� _::"-.---. -: "f� c�rrIer has affeted w s�t'e a claim,����Y�Y wll�ct the ias�pIaoeeds.'BeneficIazS►maY ase the �s;.,-�--..=__
<br />'=``;,r ' ' ��.�'�' pmceeds to.�gair or r�e the gmperty or to pay the Secared�t whe�ther or not thes dae.'I1ie 30day per�ad -�`�- �-___ _
<br />- `S ' . ,;;;<, w�l begtn��e n��is given. �`,r=_ - -
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<br /> <Y�'�,,, �rlon of to al shaU not�d � '_�` --
<br /> Uale�Beaef�3ary and 1�aswr othe�wise agr+ee in wciaa�,�y�-= � P�P ...:.'. _
<br /> `w�:. ' � os postpane the due date of sc�ated pay�m�ts or r�+���of the papffients.If the Property ts a� �
<br /> " . . . � by Beue&affiy.'1'�ustur's r�ght so aaq�sm�cc poliees��eesaldug from da�ae8e tn tl�e Pmgeriy befate '`�'`�'':':,;-:-
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<br /> `-{�.. � the aoqatsttian shall pass w Benefsciary to the exteat aF tt*x S1�x.�fT+�bt immedI�elY 6efoie the acquisitlon. ���=.:;�. `.,'".-
<br /> . . " - B. Ttastos agcees w ma�ntaia campreheasive geaeral li�7i^ry insarancenam�ng Beae&ciary as an additIanal 9nsttred ia ' ;�p�;<.�;;:.
<br /> ` .�. . aa amo�mt acoeptabte w BemeSclaiy.insucing agais��l.�as�ising fcom aay acdde�t or ooeurreaee in or on the �,�`;'�'.; •<--=-
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<br /> �P�Y• ��yY ��r in an�aCUnt ~'.-„ �
<br /> - . . . ;} C. 1�usWs agc�rs to maiatai�r�tal Ioss ar b�inoPar��on ins�«r�nce.as B , '��;- -
<br /> •• eqnal to at l�ast oaverage of one year's debt se�vioe.aa0��scnaw sooauat depnsits(if a�r�d w s�a�d9 ._"-:�; :.
<br /> . .. ; in anting).�det a farm of p�licy aocxptab2e w Beaefidary. _ -----
<br /> - . . :•',:;i:'` ` EL.NO ES�ROi�D FOR TdRES AND INS[JRI�NCE.UWess otherwtse pmvIded ia a sepaiate agreemeat.Trustor w�l nat . = . :
<br /> _ ...:. ,,`� be�u�ed to pay w Beaeficlaty fim�s for taxes and ms�ance in�w. ' ;,:�r.�.�''�
<br /> . � . `�'' 23.FiNANCiAL RLPOI�IB A1�ID ADDITdONAL DOC[JN�'1'$.Trustor will pravide w Beaeftciary►npon ieqiu�t.aa3► :'.-�-,a ��.:__.
<br /> _ • '• 6naucial stat�n�nt or iafPmn�ian BeaeBcIary may derm neees�y. Tiustor wa�ts that all flnaacial Statemeats and ,,u,`=
<br /> . � mformatioa T:uswr p�vide�to Beaeficlary are. or wiU Oe, aoarrate. oo�t,and compl�e. T�ustor agce�to sigo. .�.. `.4
<br /> - � . . ..� detiver. mmd fite as B�c3ars►maY��Y�I��7►addid.onal d�ts or cetdScaBons tbat Beneficiasq may ._°—,-";``;'�-..
<br /> . � oansider n�►w perfect.condaae.aad presenre 7Yastor's obligadons�mder 4ils Deod of 7�ust aad B�eBclaty's tiea '. '::';}�°.
<br /> - � . � .;;� staias an the Pnaperty It Tiostor fails to do so.HeneSclury may sign,d,�aver,and�Is su�h da�ts or eertificaies in .,� .
<br /> - . ., .:f Truswr's name aaA 7'easws.hereby inevocabiy appoiats Beae�icla�y a4 I�eficiary's agent as atto:aey ia fact w do the , .
<br /> i things uec�sffiY to comply with t83s section. .
<br /> - .. 24.dOIlVT AN1D�VDIW)UAL LIABILITY:C0+4IG1�1ERS:SUCCF�SORS AND ASSIGNS BOUND.AU duttes under .
<br /> _ . . , '.�, this Deed of Trast are joiat and indlvMnat.If�nstor sigas tbis Deed of T�ast but does not slgn the Ev3denoe of Debt. :
<br /> Tmstor doe�so onYy ta mortgage Tnisw:'s late�t in the Pmperty to se�ure paymeat of the Secared Debt an�Tiasto:
<br /> _ � � daes aot agree w i�peisonally 1 l a ble an the S e�u e d D e b t.T n�s t or agtees t b a t B e u e fi dary a a d any�t y t o t b i s O e e d o f ..
<br /> __, : , , :� 7Ynst may exceaQ, modify o:make aay chaage in the termv of tLis Der�of Trost or the EviQence of Debi withont
<br /> Tn�swr's waseru.Snch a chaage will not release Tr�stnr�the terms of this DEed of Tmst.7he duttes aad h�efits of ,; ,�._
<br /> � , this I�ed ot Trnst sball bind�d 6enef�t the snooessors aad assigns of Trusto:and B�e&ciary. � _;.:"•�: .
<br /> . �. � If tHis Deed of?n�ss secures a betwe+�Be�e snd'fiustor and dces not dlmetly seraue the obligation ahicb �.
<br /> . ., , Ls gaaranded.'H'ra��-tor agtees to w�muy rights Wat�prevent BeneRciary fmm b�tnging aay acdan or�agamst � . .
<br /> . Tms[ar or any pany 9ndebieA an4er the obligatton indnQing,but noi limited w.a�i-defi�tency or on0-action iaws. �
<br />- � � 15.APPLICABLE LAW; SEVERABILITY;II�fE�REi'ATION. 7Uis Deed of Trast is guvemed by tite laws of the
<br /> _'�r� . . jurladir,t�on fn whic�Beneficiary is located.except w the acteat otheiaise m�red by the Iaare of the jurisdicxtan ahen . . .
<br /> --- _ ' the property is located.'il�i9 Dced of Tn�st is w�2de aad futIy inieg�ated.'ibis Deed of 7'�ust may not he a�eaded or .
<br /> =� modifced by oral agr�ent. A�►section or clause in this Deed of Tn�st.attacbmeats.or aay ageement telatea to the . .
<br /> _' . � Se�amed Debt tt�at coafllcis with appllcable law w1ll nat 6e effecdve.uaiess that taw eap�ssly or io�liedly peamita the ..
<br /> varia�ons by written agieem��If�y section or clause of this Oeed of Tmst canaot 6e enfoioed asoondiag to ita te�ms.
<br /> 'i� thaE section or cla�ue arill be severed aad alll aot affeet the enfo�aDility of the t+ematader of this Deed of 7'rust. .
<br /> - • Whenever ased.the singutar shall include the plucal and the plural the singular.'�e c�piioas and headings of the sections , .
<br /> � � of this Deed of Tn�st are for cuaveniea�e only and are not to be used to inteipiet or define the tetms of thia Oead of Tnut.
<br />_ ,- -.-� T'�me is of tbe essenoe in this Uced of Tn�sc. asya s as e
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