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<br /> DEED �F T�L1�T
<br /> Loan N�: '0'I'I'17453 ���nt1�1U�d} Page 2
<br /> investiga�ing the Proper�y for Ha�ardous Substances. Trustor hereby �'�} releasss and waives any fu�ure c�aims
<br /> agains� Lend�r�ar indemnity or con�ributivn in the e�ent Trus�vr becomes liab�e far c�eanup or v�her cas�s under
<br /> any such �avvs; and ��� agrees ta indemnify, defend, and hald harmless Lender against any and a�l c[aims, losses,
<br /> liabilities, damages, pena[ties, and expenses wh�ch Lender may direc��y�r indirec�Cy sus�ain or suffer resu[ting��-om
<br /> a breach af fhis section of fihe Deed af Trus�or as a �onsequence of any use, generation, manu�acture, s#orage,
<br /> dispns�l, re�ease or threa�ened release oc�urring prior-�o Trusfior's ownersh�p vr in�erest in�he Property,whether o�-
<br /> nat�he same was ❑r should have been known �a Trus�or. The pro�isians o�this section a�the ❑eed o�Trus�,
<br /> including the obliga�ian�o indemnify and defend,sha[[survi�e the payment o��he lndeb�edness and#he sa�isfac�ion
<br /> and recon�eyan�e of the lien of this Deed a�Trusf and sha[f nvt b�a�fec�ed by Lender°s acquis��ian qf any in�erest
<br /> in fihe Property,whe�he�-by foreclvsure vr o�he�-wise.
<br /> Nuisance, Waste. Trus�or shall nvt cause, �ondu�t or permit any nuisance nar commi�, permif, or su�fer any
<br /> stripping of or was�e an vr to the Proper�y or any port�on of the Praperty. Wi�thaut iimiting the generaIity af the
<br /> �Fvre�oing, Trus�or orv�il n��remo�e, or grant�o any o�her par�y�he righ�to�-emo�e, any timber, minera�s��ncluding
<br /> oil and gas},coa[,c[ay,scoria, soil, gra�el or rock praducts v�r�thou�Lend�r's prior written cvnsen�.
<br /> Remo�al af[mpravements. Trus�or sha�� nat demolish❑r remo�e any lmpro�emen�s from the Rea[�'rop�rty wi�haut
<br /> Lender's pri�r wri�tten Gonsent As a candi��an�a�he rema�al of any lmpro�ements, Lender may require Trustor tv
<br /> make arrangements sa��sfact�ry tv L�nde� ta �-ep�a�e such Impro�emen�s wifh [mpro�ements o� a� least equal
<br /> �afue.
<br /> Lender's Right ta Enter. Lender and Lender's agenfs and represenfatives may enter upon�he R�a[ Prvperty at a�l
<br /> reasvnab[e t�mes �a attend tv Lender's in�eres�s and #a inspe�t �he Real Prope�y fvr purpvses of Trustor�5
<br /> �ampliance wifh�he fierms and c�ndi��ons of�his Deed af Trust.
<br /> Compliance wi�h Garrernmen�a� Requiremen�s. Trus�v�- shaff promp�[y �nmply with alf [aws, ordinances, and
<br /> regulatiflns, now or he�eafter in ef�ect, of a[1 go�ernmental au�horities applicable to the use or�ccupan�y of�he �
<br /> Prape�y, Encluding wi�hout [imitation, �he Americans 1Ni�h Disa�ili�ie�Ac�. Trustor may contest in good fai�h any
<br /> such law, ❑rdinance, ar regulatian and withhold �ompliance dur�ng any proceeding, including appropriate appea[s,
<br /> sv long as Trus�or has not�fied Lend�r in writing prior fa doing so and so long as, in Lender`s sol�ap�nion, Lender's
<br /> interests in�he Praperty are nvt jeopardized. Lender may require Trus�or �o pas� adequate securi�y or a surety
<br /> bond,reasonab[y sa�isfac�o�y�a Lend�r,to prvtec�Lende�'s in�eres�.
<br /> Du�y to Profiect. Trus�nr a�rees neither-�o abandvn v�- lea�s unattended the Proper�y. Yrus�vr shall da a�l v�he�-
<br /> acts, in addition�o thoSe aGts set forth abo�e in this sec#ian,which�Fram the charac�er and use of�he Property are
<br /> reasonahly necessar-y fo profec�and preser�e fihe Prvper�y.
<br /> TA�ES AND L1ENS, The fal�aw�ng proviszons re[a�ing tv the taxes and liens on the Propetty are part of'�his Deed af
<br /> Trust:
<br /> Paymen�. Trusto�sha[[pay when due �and in all e�ents prior�o deiinqu�ncy}all taxes,spec�al�axes, assessments,
<br /> char�ges �in�luding�rvafer and sevver�, �ines and impvs��ians fe�ied aga�nsfi�r vn accvun�vf�he Property, and shali
<br /> pay when due al[ c[aims for work done vn ar for services rendered ar materia� furnished�o the Praper-�y. Trust¢r
<br /> , shall maintain the Prvperty free of a[1 liens ha�ing priari�ty o�er or equal���he interes�of Lend�r under this Deed of
<br /> Trust, excep� fnr �he lien af taxes and assessments nat due and excep� as atherwise pra�ided �n �his Deed ��
<br /> Trust.
<br /> Righ#tv C�ntes�. Trustor may withho[d payment a�any tax, assessmen#, ar c�aim in canne�tion with a goad�ai�h
<br /> d�spu�e Q�er the vbligation t❑pay, so lang as Lender's interes�in fihe Property is na�jeopardized. !f a[ien arises v�-
<br /> is fiiled as a resuIt of nonpayment, TrustQr shall wi�hin ff�een {'15} days a�ker�he lien arises ar, if a lien is filed,
<br /> �nrifihin ff�e�n ��5} days a�ter Trus�or has no�ice vf the f Iir�g, secure th� discharge af�he lien, ar if requested by
<br /> Lender,deposit with Lender�ash vr a su�Ficien�corpora�e surety bvnd or vther security sa�isfactory t�L�nder in an
<br /> amoun�suffcient fio discharge the lien pius any�osts and attorneys'fees, or other charges that could accrue as a
<br /> �esult o�a�oreclosure vr sale under�h�lien. ln any con�es�, Trus�ar shall de�Fend ifself and Lender an�sha��satisfy
<br /> any adverse judgment be�Fore enfarcement agains��he Proper-�y. Trus�or shal[nama Lender as an addi�ional nb�igee
<br /> under any su�ety bvnd furnish�d in�he cvntes�praceedin�s.
<br /> E��d�nce ��F Payment. Trustvr shall upon demand furnish �o Lender satis�ac��ry e�idence of payment o��he�axes
<br /> or assessments and sha�I authorize�he appropria�e go�e�nmentaf officia[to de�i�er tv Lender at any�ime a w�itten
<br /> s�a�ement of fhe taxes and a�sessments against�he Pr�perty.
<br /> No�ice of Constru�tion. Trus�or shail no�ify Lender a� [east fi�keen {15} days before any wvrk is commen�ed, any
<br /> services ar�furnished, or any ma�erials are supplied fa�he Prape�y, if any me�hanic's�ien, materialmen�S�I�C]i o�-
<br /> othe�lien could be asserted �n account of�he wark, services, or materials. Trus�or wi�l upon request a�Lender
<br /> �urnish ta Lender ad�ance assuran�es satis�actory to Lend�r #ha� Trus�or can and wil� pay �he cvst a� such
<br /> imprv�err�ents.
<br /> 1PR�PERTY DAMAGE INSURANCE, The fvllowing pra�isions reia�ing�o insuring the Proper�y are a par�of th�s�7eed of
<br /> Trus#.
<br /> Maintenance vf�nsurance. T�-us�ar sha�1 prvcure and main�ain policies a�f re insurance w��h standard �xtended
<br /> ���erage endorsemen�s on a �air �a[ue basis �or the -�ul� insurable �alue co�er�ng a[1 Impro�ements ❑n fihe Raal
<br /> Property in an amount su�fic�en� �o a�oid app[ica�ion of any �ainsurance �Iause, and w�fh a standard morkgagee
<br /> c�ause in fa�ar of Lender. Trustar shall a[sa pro�ure and maintain campreh�nsi�e genera[Iiabiiity insurance in such
<br /> coverage amvunts as Lender may request with Trustee and L�nder being named as addi�iona[ insur�ds in such
<br /> [iabiIity insuranc� pa���ies. Addifiionally, Trus�ar shall mainta€n such ather insurance, including bu� nofi iimited tv
<br /> ha�ard, business interrupfi�on, and �oiler insurance, as Lender may reasonably require, Paficies shall be written in
<br /> f�rm, amounts, co�erages and basis reasonably accep�able to Lender and issued by a campany or companies
<br /> �easana�[y accep�able to Lender. Trus�vr, upon request ot Lender, wil[ de[i�er to Lender from�ime �o �ime the
<br /> p��i�ies vr certi�icates of insurance in form satisfac�ory to Lender, inc�uding s�ipu[a�ions tha�caverages vuill nvf be
<br /> cancelled vr d�minished wi�haut at least�en �'�Q} days priar written no�i�e�o Lender. Each insurance polic�a[so
<br /> sha![�nclude ar�endarsement pr�viding�ha�co�erage in�a�ar of Lender wil� no�be impaired in any way by any ac�,
<br /> omission ar defau��af Trus�or or any o�her persvn. Shou�d �he Real Properfiy be locafed in an ar�a designated by
<br /> �he Admin[stra�or of the Federa[Emergency Managemen�Agency as a spec�al flocad hazard area=Trustor ag�-ees�o
<br /> obta�n and main�ain Federal F[ood Insurance, if available, fur�h� full unpaid principal ba[ance ��the [oan and any
<br /> prior �iens an �h� pr�perfy securing the loan, up �� �he maximum poIicy �imi�s set under the Nativnal Flaod
<br /> �nsurance Program,or as o�he�rvise required by Lender,and to maintain such insurance for�he�erm�f the[oan.
<br /> Applicat�on of Proceeds, Trustor shal� promp�[y noti�y Lender a�any loss ar damage�v th� Property. Lender may
<br /> make proaf of l�ss if T�-usto�faiis to do sQ w�thin ffteen �'15} days a�the casualty. Whe�her ❑r nQ� Lender's
<br /> security is impaired, Lender may, at L�nde�-`s e[e�tion, recei�e and refiain�he proceeds ofi any insurance and apply
<br /> the proc��ds �o the �eduction of�he [nd�b�edness, payment of any I�en af�ec�ing the Praper�y, ar the restora�ion
<br /> and repair vf the Prope�y. !f Lender e[ects�o apply�he praceeds�o r�st�ra�ivn and repair, T�-ustor sha�l repair vr
<br /> repla�e �he damaged ar destrayed Impravements in a manner sa�isfac�ory ta Lender. Lender shalf, upon
<br /> satisfact�ry prvaf of su�h expendifure, pay vr reimburse Trustor frvm �he proceeds �or the reasonable �ost vf
<br /> repair- �r restQra�ivr� 9f Trusfior is nvfi in defaul� under this Deed of Trust. Any pra�eeds whieh ha�e not been
<br /> disbursed wi�hin '18Q days after�he�r receip� and which Lender has not committed �a�he repair�r restoration a�
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