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<br /> L. Notwithat�nding�u►y,��Af�'1�� e Deed of Truet to the contruy,the tenn�of chie secUan sh�ll
<br /> dispo�tion by�Beneficiary oftany or all of thle�rtyTAny cliims1eind dr nu s t�ih c ontruy n&hcr�eb�w�vod
<br /> 20. CONDEII�VATION,Tnutor will glve Brnoflciuy pranpt notice of any �ction, rc�l ar �hrcatened, by private or public
<br /> entities to puttichue or take uty or�ll of the Pcoperty,Including atiy casenxnu, through condemnatlon, eminent dom�in,
<br /> or Any other mau►s,1'nutor further agroee to n�tify �eneficiwy of a��y procecdings institui�l for the rs�abllehment of any __
<br /> aewer, weter, conservation. dltch, dratnsge,or o�uer distdct nl�tin�to or binding upon�he Property or u►y p+rt of it.
<br /> Truator Ruthorizes &netkiary to intervene in Trustor'i name ia�ny of the�bove dacdbed xtioru or claime and to oolloct
<br /> u�d receive�ll airnf reeulting fmm the wedon or cl�im.Tnutor wiga�to Beneflciuy the ptocade of any�wud or cldm
<br /> fconsid�Payment�e a�nd will be applt�tas proyi ai in tbis Dad of Tcusy.This ass'tgnm�m�of praceeds irssub echtolthe
<br /> terms of any prlor security agreement.
<br /> 21.IIVSIJRANCE.Trustor agrees to maintain insuranee a�follows:
<br /> A. Truetor shall keep the Propecty insured agdnst loss by fire, theft and other hazards and riske reasonably associatM
<br /> wlth the Property due to its type and locatioa.Other hazards and rueks may includt,for example,coverage xgainst
<br /> losa due to ftoods or flooding. 'I7�ie insurance shall be maintalned in the amounte and for the periods that
<br /> Benefieiuy requlrea. The insurana canier providing the insurnnce sh�ll be cliosrn by Trustor subjoct to
<br /> Beneficitry'e approval, which shall not be unreuonab�Y W�thheld. If Trustor fails to maintain the covecage
<br /> desccibed above,Beneflciary may, at Bene�iciuy's optlon, obtain coverxge to praxt 4eneficiary's rigl►te in the
<br /> Property according to the terms of thie Deed of Truat.
<br /> All insurana policies and renewals shall be occeptable to Beneficiary an� ahall lnciude A stendard "mortgRge
<br /> clause" uid, w�et+e applicyble, "6eneficiuy loss payee clause." Trustor shall imnedi�tely notify Beneficiary of
<br /> cancellrtion or terminAtion of the insurance. Beneficiary shall havo the right to hald tLe policies and cenew�le. If
<br /> BeneHcluy requires, Trustor shall immediately give to Beneficiary all receipty of pdd prcmiums and renew�l
<br /> noticcs.Upon loss.Trustor shdl give imn�diue notice to the inauranee carcier aad Boneficiary. Beneficiuy may
<br /> cnake proof of loss if not mAde inunodiately byTrustor.
<br /> Unlesa Beneficiuy �nd Trustor othenvise a�tte in writing, insurance procoeds chall be aPplied to restoration or
<br /> rapair of tbe Property datr�aged if the restoratioa or repair is oconomically feasible�nd Bencficiary's security ia not
<br /> lessened, Tf the cestoructon or rtpair is not economicallY feasible or AeDeficiary's�ocurity would bc lessened, the
<br /> � p�w�1��yaj}���t„s��c.�;,.�p.h�,whether or not then due,with�ny excess p�id W Tcustor.
<br /> If Ttwtor abandone the Property, ot doa aol�nswer within 30 dxys a notice fram Ba�eficiuy thu the itauru�ce
<br /> carci�r has offend to aettle a cla�m,then B�a�ficiuy rru�y collect the insnrwce procccds. &neficiary m�y uee the
<br /> proceals to rcp�ir or�racore the Property or W pay the Secured Deht whether or aot then due. 'Ihe 30-day perlod
<br /> will begin whcn the notice is givrn.
<br /> Unlesa Beneficiuy and Trustor otherwise egm in writing, any applicadon of proaais to principal shall not extend
<br /> or postpone the due date of schoduled payrt�en�s or change the amount of the pAymenW.If thc Property Is acquired
<br /> by Benet"iciary,Trustor's tight to any insuranx po�lcies and procads resulting fran dut�aBe co the Propercy before
<br /> the acquisidon ehap pass to�rneficiery to theextent of the Secured Debc imcnaliatelY befon the acyuisttion.
<br /> B. 'T:uator ag[xs to ms�intaia comprehensive gerieral l(ability imurance nunin8 Beneficiary as an additlonAl inaurod in
<br /> an unount�eceptable to Honeficiary, insuring against claims arising from any aaideac or occur�in or on We
<br /> C. �tee�to maintain reatal loas or bu�ixss intem►ption insurance,�s requicod by Haieficiary, ia an unount
<br /> equal to su leaat coverage of one year's debt service, and requirod escrow acxbunt deposita(if agrad to aenacately
<br /> in wridng),under a form of policy�ccf.�p�ble to &neficiary.
<br /> Z2.NO ESCAOW FOR TAXES AND INSURANCE,Unless ot6erwise providal in a sepuate agreeme.�nc, Trustor will aot
<br /> bc required to pay to Beneficiary funde for texa uid Insurwcx in excow.
<br /> 23,FINANCIAL REPORTS AND ADDITIONAL DOCUII�NTS.Trustor will provide to Beneficiuy upon c�equest, any
<br /> finaacial statemeat or infomwtioa Heneficlnry mey deem nece.ssuy• 7'cuswr wu'r�nts�hat�ll financial stttanenta and
<br /> infortnation TeuaWr providea to Ba�eficiuy are, or will be, �ccucace, cor�ect� and comP�ete• Trusror agroea to sign,
<br /> deiiver, and file�s Beneficiuy may reasonablY n9uest�ny additional documents or attific�tioas that Beneficiuy nuy
<br /> consld�r necessary to perfect, continue,and preserveTrustor's obligations unda this Dad of Trust and Beneficiuy's lien
<br /> statua on the Property.If Trustor fails to da so,Beoef ciuy may sign,delivec,aad file snch documents or actifieuea in
<br /> Trustor's name u�d 7'rustor hereby irrevocably appo[nta Brneficiary or Beneficiary's a�ent�s attorney in fact to do the
<br /> things n�ss�ry ro comply with this section.
<br /> ' ?A.JOIIVT AND INDIVIDUAL LIABILITY; CO,SIGIIERS; SUCCE.SSORS AND ASSIGNS�30UND. All duties under
<br /> this Deed of Trust 3re joint and individual. If Truuor signs this Deai of Tnist but doa not sign the Evidence of Debt,
<br />.� Tnutor doea so only to mortgage'Ccusror's inter�x ia the ProPatY to secure PaYmeat of the Secured Debt und Tn�awr
<br /> - does not agra to be person�lly liable on�he Secured Debc• Tcustor agras rhat Benercary and any pany to this Deed of
<br /> � 'i'rusc may extcnd, rnalify or malce any change in the termg of this Dzed of T'rust ar the Evidena of Debt withont
<br /> - Tnutor's coatent.Such a change will not releau"Cmstor from the term�of this Deed ofTruu. 'Ihe duties and brnefits of
<br /> � this Deai of Trust sh�ll bind and bcnefit the suaessors and assigns of'Ytustor and Beneficiary,
<br /> � If this Deed of Trust securrs a guaranty betwetn Beneficiazy and Tcustor and does not dirccdy secure the obligation which
<br /> � is guarantied,Trustor agroes to�vaive any rights th�t may prevent Becx:flciary from bringing any action or claim against
<br /> :_.as..a.....i�.�h.nhlivatinn iMl�idinv._hllt fl0[ilIIll[Ca[0,anti-deficiebcy or one-action taws.
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<br /> 25.APPLICABI.E LAW; SEVEItABILTTY; INT�NPRETATION. This Deed of Trust is governed by thc laws of the
<br /> jurisdiction in whiah Beneficiary is located. excrpt to the extent otherwise required by the I�ws of the jurisdictiou where
<br /> the Propsrcy is lecatal. 'Ibis Deed of Ttust is wmplete and fully integrated, This Deed of Trust may not be amended or
<br /> modiGed by oral agmettxnc• AnY seceion or clause in this Deed of Trust, attachmenu,or any agrecment related to the
<br /> Secured Dtbt th�t conflicts with ap�licable law�iil not 6e effective, unless chat law oxpressly or impliedly perniits ihe
<br /> variations by written�greement. lf any seccion or clause of rhis Deed of Trust carmot be enforced according to rts tenng,
<br /> that section or clause wi11 be severed and will tat affect the enforceability of the rcmainder of this I)eed of Tnut.
<br /> Whenever used,the singulu shall include ths pl�r�l and the plural the singulat. The captions and headings of the sectioas
<br /> of this Doed of Trust are for eon��enience anly and ue not to be usesi tu interpret or define the temu of this Decti of'Ccust.
<br /> !s Tittx is of the esstnc:e in this Deetl of Tcust_ pape s o�s
<br /> ! m 1997 0��.s Srttema Ine.SL C�wd.MM It-0OPJ97d?N 1 Fam I.GCO-OT�NE tOrlO/97
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