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<br /> � 3.4 Tho Tn�tor will promptly comply with all present and futun laws,ordinances,ru es end regulationa of eny �.
<br /> govemma�tal authortty effocting tho premisas or eny purt theraof. This shell apply to any construction upon the ptemises =_
<br /> es well as tha operation of any businesa upon the premises.
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<br /> =-�� 4.1 Tnistor shall kcep tha security insured a�t loss by fire,lighming,tomado,windstorm,hail,explosion,dot, __
<br /> �b� eiot utaiding a sMke,etvil oanrnotlon,ein7aft.vddcks,smoke and other hazards and perlls covered by stnndard extendod �
<br /> -- coverege endorsemertt,in�u►amount equal to one hundred percent(100%)of the fldl nplacement value of the socurity
<br />'"I� wtthout doductton for deproclntion. Trustor shall koep other insurance normal and customary for owners end operutors
<br /> �� of simjlu prope�ty. Further,Ba�eficiary maY�l��"Y o���onable insunu►ce to pmtect the secur�ty. All insw�u►ce
<br />`� atwU be p�id for by the Tnistar,shill be in fam and by company ePproved by the Beneficlery,shall Imsure the Beneficiary,
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<br /> �-� Trusteo,end Trustor as their intercsts appear,and shall provtde thst the insurance company shall notify the Beneficiary _
<br />_ - in wrlttng at least thirry(30)days before eny cencellarion or tertninadon bocomes effecUve as w the BeneBcisry.
<br />---� 5. �:d A!sessm'ats aed Charaes.
<br /> �; S.1 Tnistor shall pay aU taxes�assessmaits.Uens end other charges including utility churges which may et�'ect the
<br /> —° seauftyr as tlx.y are due and before they are delinquent. Upon request,Trustor shall show Benoficisry proof of payment.
<br /> - Tcustor shell psy nll texes end assessments which may be levial upon&neftciary's interest herein or upon this Deed of
<br /> --° Tiust withaut rcgard to aay law that may be enactacf imposing payment of tho whole or uny part therefore upon the
<br /> Beneficiuy. -
<br /> — 5.2 Tn�stor,at the option of&neticiary,shall pay mo�rthly to Beneficlery an atnount oqual to ono-twelRh(1/12th)
<br /> � of the estimued yearty nal esZ�te trxes for the pmnises. Such a�nount shall be htld In escrow by Beneficiary and may be
<br /> -- used by t:�a�eae�aiary for the paymcnt of such real estate taxes. Elxtion by the Beneficiary ta raluire a payment to
<br /> escrow for wces sh�ll not relieve the Trustor of liability under Paragcaph S.1 above.
<br /> 5.3 ffTn�sWr feiys to make the payments required hecein,the Beaeficia�ry msy declere the loen and Deed of Ttust
<br /> �d�auh, g�efiCimy may pay such emounts neoessuy to pmtac;t the secutitY• The amount of such puytnent with interost
<br /> sh�ll be damod en sdvsncement to protoct the securlty.
<br /> 6. Cosdea�Ltio�.CondetnnAttoa under this Deed of Trust shall include any demage or taking bY anY Sovanm��a1
<br /> eLth�ty nnd any t�anafer by pdvate sale in lieu thereof. Oa condemnanon,We Beneficiiuy may decla�e the entir�e
<br /> indebiedness socured by the Deed of Trust due tutd payebls. The Ttustor Assigns sU dghts to compectsnrioa or cetiei ior
<br /> oonda�atiaa w the Bmeficiery,who may proceed for just compens�tion in the auae of tb�Tn�stor or Beneficlery. The
<br /> p��s�,00m�e�d h�under first epply to the expeases of such rocovery iacludiag attomey fees,thar at the oPtiou of the
<br /> Baiefictery to nstoratla�ofthe securlty a paymait of the indebtedness socured by this Deed of Trust,then to the Trustor.
<br /> Tho Tzustor agroes to mA1ro such further ssslgnrr�nts as aaxssar3'W give this provisioa offect.
<br /> 7. �ditl��l L,��a�.:Protectlos of�s��itv an Sabroaatbe.
<br /> 7.1 Ha�efiduy in it9 sok disa+etion mey mwke any payment,expend or advance any 1Fuunds it dxms nece�ssuY to
<br /> p�ntect the sxurity ofthis Deed of Tnist. Such p►ymart,exPendidu+es or advanr,emec►ts wlth intercst shall bocome seatt+ed
<br /> hereby.
<br /> 7,2 Haieficiiuy Ls subrogated to the cliimc and Uens of all parties whose claims and lims sre dLvcharged or Paid
<br /> with the pcooeeds of the indebtednes.g saaund t�erebY• The�'is f��subrogated to the Trusta fa all inswrnoe .
<br /> proceeds,clniins or demnges to the sxnrity.
<br /> 73 It is tho lntention of the p�uties that this Doed of Trust sHall not mage with anY otha iatcrest now held by
<br /> the BeaeRcit�ry in the real estata described herein.
<br /> 8.
<br /> -- 8.1 If the Tn�stor does not:(1)meke pdyment according to the temis of 4he note or aay extensions,modifications
<br /> ar renew�is thereoF(2)make payrtKnt of iury other indebtedness securod by the Deed of Trust;(3)perfam my of the
<br /> — oovenents of tLe Deod of Tnis�(4)pafonnana ofany obligation of the Trustoi{s)secured bY this Deed of Tcust; or(5)if
<br /> the Beaeficiary ha4 to expaid swm to pmtect the sxurIry.then Tcustor has brcached thls agroedment,is in default�nd the
<br /> ---J' Heneficiary may dec(ec�e default and msy doclare all sums secured hereby immediately due and puyable md such sums
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