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<br /> �""'�°'"� �e� Tnsurance_Obta_ined_ay Third Part�c. If Insurance is providsd to Beneficiary by a -
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<br /> � tenant or any parry other than Trustor, there is a lapse in coverage, coverage is not
<br /> . with a company acceptable to Heneficiary with an A Category or better rating,
<br /> ` coverage is not in an amount equal to the full replacement value of the -- _-
<br /> ., improvements, or coverage does not in any other way meet conditions required by .F
<br /> � Beneficiary,Trustor will provide coverage within thirry (30) days of being notified �°J
<br /> .� by Beneficiary of any inadequacy in coverage. If Beneficiary does not receive proof _
<br /> �b of such coverage within thirly (30)daYs+Heneficiary will farce place insurance until ; -
<br /> . , proo f o f coverage which meets the conditions of the loan is received. Premiums for �,
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<br /> t h i s f o rce place covera�e aze at rates higher than Trustor could obtain, and payrnent
<br /> � will be the responsibiliry of Trustor, pr�ovided that at Beneficiary's sole option,
<br /> Beneficiary may add the cost of such premiums to the principal balance of the loan.
<br /> � 6. Defense.Trustor shall appear in and defend any action or proceedin�purporting to -
<br /> affect the Trust property or any other security for the Nate or the rights or powers of Beneficiary _.
<br />. or of Trustee and shall pay all costs and expenses,including cost of evidence of dtle and attorney's "'
<br />. • fees in a reasonable sum, in any such action or proceeding, or appeal therefrom, in which
<br /> Beneficiary or frustee may appear.
<br /> 7. Taxes aad Assessv�ents. Trustor shall pay, at lcast ten(10)days before trie due
<br /> date, all taxes and assessments affecting the Trust Property or upon this Deed of Trust or the debt
<br /> � • �ecured thereby. ar against Henefiaiary by reason of the ownership of this Deed of Trust and the
<br /> Note, or either of theui,including assessments on appurtenant water stock. Trustor�hall also pay, `
<br /> when due. all encumbrances, charges and liens, with interest, on the Trust Property or any part _
<br />� �� thereof, wluch appear to be prior or superior hereto and shall deliver to Beneficiary upon request
<br />=. • the official receipt or receipts showing payrnent thereof and recorded releases therefor, and shall -
<br />-� " ' pay all costs, fees an�expenses of this Deed of Trust. The foregoing shall not in any way constitute
<br /> _ the consent of Heneficiary w Trustor placiag,or allowing to be placed, any encumbrances, charges,
<br /> � � � '• or liens against the Trust Property, whether superior or inferior to the liens, rights, and security
<br />-. . interests created in this Deed of Trust. -
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