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��14��513
<br /> DEE� �F T'RLJST
<br /> Laan i�o� '1�'I�75�84 {��]�ti�lued� . Page �
<br /> and recnnveyance of the �ien of this Deed of Trust and shali not be a�Ff�ct�d by Lend�r's acquisitian o�any in�erest
<br /> in the Property, whether by fareclflsure �r athe�-wise.
<br /> Nuisance, �!Ilas�e. Trustar shall not cause, conduct ar permit any nu�sance nar commit, permit, ar suffer any
<br /> stripping of or waste on vr �o �h� Property or any p�rtian o� �he Property. With�ut limi�ing the generality ❑f the
<br /> foregoing, Trustor wiil not rema�e, ❑r grant to any�ther party the right to remo�e, any timber, minerals {inc�uding
<br /> vil and gas�, caal, clay, scoria, soil, graWel or rock produc�s without L�nder's priar wri�ten consent.
<br /> Remova! af Improvements, Trustor shall not demolish ar remov�any lmproWemen�s�rom the Rea# Prvperty withau�
<br /> Len�er's privr written consent. As a c�nditian to�he remaWal of any ImproWements, Lender may require Trustor t�
<br /> make arrangements sa�is�actary t� Lender fio rep�ace suGh lmpra�ements with Impra�ements �f at least equal
<br /> �alue.
<br /> Lender"s Righ#to Ent�r, Lender and L�nder's agents and representati�es may enter upon the R�al Property at al1
<br /> reasonable times t� a��tend to L�nder's interes�s and ta inspect �he Rea1 Property for purpases �� Trustor's
<br /> complian�e vuith the terms and conditions of this Deed of T�-ust.
<br /> �ompiiance with Go�ernmenta� Requirements. Trustor shall promptly camply uv��h all laws, �rdinanc�s� and
<br /> reguCations, now ar herea�ter in �ffect, of all goWernmental auth�ri�ies appli�able to the use �r occupancy of th�
<br /> Property. Trustor may contest in goad faith any such law, ardinance, ar regulativn and withh�ld complianc� during
<br /> any proceeding� including appropria�e appeals, s� Iong as Trustar has no�ified L�nder in wri�ing pri�r ta daing so
<br /> and sa long as, in Lender's sale vpinion, Lender's �nterests in the Proper�y ars not jeapardi��d. Lender may require
<br /> Trus�or to past adequate security or a surety hond� reasonabiy satisfactory to Lender, tv protect Lender's in�erest.
<br /> [3uty fio Protect. Trustor agrees neith�r t� abandan or leave unattended the Property, Trusto� shall d� alE �ther
<br /> a�ts, in addi�i�n to thvse acts set f�rtn above in this s�ctian, whiGh�From �he character and use of the Praper�y are
<br /> r�asonably necessary�o prate�t and preser�e�he Property.
<br /> DUE�N SALE a G�NSEIVT BY LENQER. Lender mayf a� L�nder's optiQn, dectare immediately due and pa�rable a11 sums
<br /> secured by this Deed v�Trust upon�he sale or transfer, withvut Lend�r's prior written �onsent, af a�l or any par�o�the
<br /> Rea� Praperfiy. or any in�erest in the Real Property. A "sale �r transfer" m�ans the canveyance of Real Prvperty ar any
<br /> right� tit�e �r inte�est in the Reaf Property; wheth�r legal� bene�Ficial ar equitable; whefiher v��untary or involunfiary;
<br /> whether by autrigh� sale, deed, instal�ment sale cantract, land contract, confract for deed, leasehald in�erest wi�h a
<br /> term gr�at�r fihan three {3} years, lease��pti�n contract� or by sale, assignment, or�ransf�r af any b�ne�icial interest in �
<br /> ar to any �and �rust ho�din� �itl� �t�the Real Praperfiy, or by any ❑th�r meth�d a�con�eyance of an interest in the Real
<br /> Pr�perty. How�ver, th�s aption shafl n�t be exercised by Lender i� such exer�ise is prohibi��d by �ederal law �r by
<br /> iVe�rasl�a law.
<br /> TAxES �►ND LIENS. The �Following pr�Wisivns relafiing to the �axes and liens vn th� Praper�y are part of this Deed of
<br /> Trust:
<br /> Payment. Trus�tor shall pay when due 4and in all e�ents prior t❑ deEinqu�ncyy a�l taxes. sp�cial taxes. ass�ssments.
<br /> cha�-g�s (including water and sew�ry. �ines and impasi�ions levied against �r on accvun� vf the Prvperty. and shalf
<br /> pay when �ue al! claims �For wvrk don� on or far ser��ces rendered a� ma��rial furnished t� �he Pr�perty. Trusfior
<br /> shall main�ain the Pr�perty free of a[I liens ha�ing priority o��r or equal to the interes�a�f L�nder under this D�ed vf
<br /> Trust, ex�ept for the li�n vf tax�s and assessments not due, except for the Exis�ing lndehtedn�ss referred to
<br /> below, and�xcep�as otherwise pro�ided in this Deed of Trus�.
<br /> R�ght to Contest. Trustor may withhald paymen�of any tax. assessment, or claim in cannec�ion with a gaod faith
<br /> dispute over�he obligativn ta payf sv lang as Lender's interes�in the Property is not jeopardized. If a lien arises or
<br /> is filed as a resu�t of nanpayment� Trustar shall wi�hin fifteen {15} days af�t�r th� lien arises or, if a lien is filed�
<br /> within fift�en �15y days after Trustor has no�tica a�the fil�ng, secure th� discharge af the iien, ar i� requested by
<br /> Lender, d�pasit with Lender cash or a sufficien���rporate surety b�nd ❑r other seGurity satisfactory ta Len�er in an
<br /> �maunt suffici�n��a discharg��he lien plus any costs and attorneys' fees, or other charges that cvuld a�crue as a
<br /> resuft vfi a f�reclosure or safe under the lien. In any con�est, Trustor shall dsfend itself and Lender and shal!sa�is�y
<br /> any adverse jud�ment before en�rorcement against the Property. Trustar shall name Lender as an additiona�obligee
<br /> under any sure�y bond�urnished in the cQntest praceedings,
<br /> Evid�n�e �f Rayment. Trus�ar shafl upon d�mand �urnish to Lender satisfactory e�idenc� of payment vf the taxes
<br /> or assessm�nfs and sh�l� authQrize the appropriat� governmental �fficial to deliver#o L�nder a� any time a wri�t�n
<br /> sfiatement af�he taxes and assessments against the Property,
<br /> Notice �f Construc�ion, Trustor shall notify Lender at f�ast'Fif�een {�5} days befare any ►n►�rk is cammenced, any
<br /> ser�i�es are furnished, ar any materials are supplied t� the Praperty, if any mechanic's lien, materia�men's [ien, or
<br /> other lien could �e asserted an acGount of the work, s�rvEces, or materials. Trustor will u�vn request o�F Lender
<br /> furnish to Lender ad�ance assurances satisfac�ary �a Lender that Trust�r can and will pay �he cvst vf such
<br /> impravements.
<br /> PR�PERTY DAi1�AGE 1NSUI�ANGE. The fvllowing pravisions rela�ing ta insuring �he Fraperty are a part af this aeed of
<br /> Trus�.
<br /> Nfain�enan�e vf Insurance. Trus�or shalE pracure and maintain policies o� fire insuran�� with standard extended
<br /> ca�erage endorsements on a �air �alue basis far the full �nsural�le �alue cov�ring a[I ]mpro�ements on the Rea[
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