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��15�4��4
<br /> []�E� C3� 1�RLJ�T'
<br /> L��r� No: 1'i`l"17��--� ����tirlu�d� ���e �
<br /> not the same was or shoui� ha�e been knvwn to Trustor. The pravisions of th�s s�ct�vn �f th� De�d ❑f Trust,
<br /> including the �bligation to indemni�y and d��enc�, shall survi�e�the payr�r-�ent v�the �ndeb�edn�ss and�the satis�action
<br /> and rec�n�eyan�e of the lien of th�s Deed o�Trust and shall not be affe��ed by Lende�-'s acquisitian of any inter�s�
<br /> in the Prop�rty, whether hy for�closure or otherwise.
<br /> Nu�sance, 'Vllaste, Trustor shall not cause, canduct ar permit any nu�sance nQr �ommit, p�rmi�t� ar suffe�- any
<br /> s�ripping of ❑r wast� on or to th� Prop�r�y or any portion a� #he Prap�r�y. 1111ithout limiting �he generality af the
<br /> foregoing, Trustar ►rvi�� nat remove, ar gran� to any other party �he r�ght to remo�e, any �imber, minet�als �in�Iuding
<br /> �il and gas}, coal, clay, scaria, soil, gra�el or rock praduc�s without Lender's prior written consent.
<br /> R�mvvat�f Improv�ments. Trustor shail no�dema!#sh❑r r�ma�e any Impravements �From th� Real Proper�y without
<br /> Lend�r's prior irvr�tten consent. As a candition ta �he rema�a� �f any Improvements, Lender may requEre Trustor��
<br /> make arrangements sa�isfact�ry t� Lender t❑ r�place such fmprv�ements wi�h Impr��ements af at [eas� equaf
<br /> va[ue.
<br /> Len�ler's Ri�ht to En#�r. Lender and Lender's agents and representati�es may enter upan the Real Property at all
<br /> reasvnab�e tirnes to a�t�nd ta Lender's interests and to inspec� the Real Proper�y fa� purp�ses o# Trus�ar's
<br /> compliance with the terms and cand�t�ons nf this �ee� of Trust.
<br /> Gompliance wi�h Goverr�m�ntai 1Requirem�nts. Trus�c�r shaff prompt�y ��mply with a1i laws, ordinances, and
<br /> regulatians, n�w vr hereafter in effe��, of a!i ga�ernmental authot-�ties applicable to the use or v��upan�y �f the
<br /> Property, including withou� limitatian, the Americans W�th Disabilities Act. Trust�r may �ontest in gond faith any
<br /> su�h law, o�dinance, or regufation and withhald complian�e dur�ng any pr�ceeding, includ�ng appropria�e appeals,
<br /> so I�n� as Trustor has nr�tified Lender in wri�ing pria�to doing so and s� [ong as, in Lender's sole opinian, L�nder's
<br /> interests in th� Property are n�t jeopardized. Lender may requ��-e Trust�r to p�st adequate securi�y ❑r a surety
<br /> band, reasonably satisfact�ry tn Lender, to prate�t Lender's interest.
<br /> Duty �� Protec#. Trus�or agrees n�ith��r tv abandon ❑r lea�re unattended the Property. Trustor shall do alk other
<br /> acts, €n ad�ition to those acts set �orth abv�e in �his se��tion, which frc�m �the character and use af�h� Property are
<br /> reasanably necessary�n protect and preserve�he Prvperty.
<br /> TA�CE� A�I� LtENS. The �v��awing proWisians rela-�ing ta �he taxes and �iens vn the Property are par� af this aeed o�
<br /> Trust: '
<br /> Pay�en�. Trustar shal! pay uvhen du� 4and in a�� e��nts prior to delinquen�y} all�axes, specia[taxes, assessments,
<br /> �ha�ges �including water and sewer�, fines and imposi�ivns ie�ied against vr �n accvunt of the Property, and shall
<br /> pay when due al� claims for wark done ❑n �r for services rend�red or ma#erial �urnished to �he Prop�rty. Trustor
<br /> shail maintain�he Property free af ar[ li�ns ha�ing prior�ty o�e�or equa[ to�he interest vf Lender under this �eed af
<br /> Trust, excep� fvr �he lien of tax�s and assessments not due and excep� as �therwise pr�vid�d in this ❑eed o�F
<br /> T�-ust.
<br /> Right to Cun��st, Trustar may wi�hh�ld payment a�any tax, assessment, or cEaim in connecti�n with a g�vd faith
<br /> dispute a�er the obfiga�ivn to pay, so lang as Lender's interes�tn the Proper�y is not jevpardized, !f a lien arises vr
<br /> is �iled as a result ❑� nonpayment, T�ustor shall wi�hin #ifteen t 1 5} days a#ter �he lien arises ar, if a lien is �iled,
<br /> within fifteen {15} days a��er Trus�ar has notice �f the filing, secure the dis�harge ❑f the lien, or if requested by
<br /> Lender, depasit w€th Lend�r cash or a suff��ient carpara�te surety band ar ather security satis�actary to Lendsr�n an
<br /> amount suffic€ent t❑ discharge the lien p�us any cas�s and atfiorneys' fees, �r ��her charges that could accrue as a
<br /> resu[t Qf a fareclasure or sal� under the li�n. !n any �ontest, Trustor shall defend itse�f and Len�er and shall satis�y
<br /> any ad�ers�judgment b�i`are en�or�ement against the Pr-operty. T�us�ar shall name Lender as an additionai ob�igee
<br /> �under any surety bond#urnished in th���n�kest praceedings.
<br />� Evi�lenc� of !'aym�nt, Tr'ustvr shaf I upan dernand furnish to Lender satis�a�tory e�iden�e nf payment af �the taxes
<br /> ar assessments and sha[l author�ze the appropriate governmental ❑ffi�ial �o d�li�er tv Lender at any time a written
<br /> stafiement of the taxes and �ssessm�nts agains�the Praperty.
<br /> NatEc� �f Construc�ivn. Trustor shalf nati�y Len�er at Isas� fifteen {15} days be�ore any wvrk is cammen�ed, any
<br /> ser�ices are furnished, or any ma�erials are supp�i�d ta th� Property, if any mechanEc's l�en, ma�erialmen's li�n, or
<br /> other lien c�ufd be asser�ed on account vf�he wark, services, ❑r materials. Trustor orvill up�n request of Lender
<br /> furnish tv Lender advance assuran�es sa�isfactory to Lender that Trust�r can and wil� pay the �ost of su�h
<br /> impro�emen�s.
<br /> I'R�PERTY D�4iIfIAGE �MSL�F�ANCE. The �ollawir�g provisians ��lating t� insuring the Prvperty are � pat-t af�his aeed ❑�F
<br /> Trust. �
<br /> Ma'rntenance �f Insuran�e. ��ustor shall procure and rnainta�n pvlicies ❑f #�r� insurance with s�andard extended
<br /> coverage endarsemen�s on a #air value basis �or �he #ull insurable �alue co�ering a[I Impr��ements an the Real
<br /> Property in an amaun� su��icient t❑ a�oid appiicati�n o� any cainsurance �lause, and with a s�anda�d mortgagee
<br /> �lause in favar o� Lender. Trustvr shall alsa pro�ure and maintain ��mpr�hensive°�eneral liabili�y insuranc� in such
<br /> ca�erage am�unts as Lender may requ�s� with Yrustee and Lender being named as additivna[ insureds in such
<br /> liabili�y insuran�e pt��i�ies. Add�tionally, Trustor shall main�ain such ather insurance, including bu� not limit�d t�
<br /> hazard, business interruptian, and boiler insurancs, as Lender may reas�nably require. Po(icies shall be written in
<br /> form, amoun#s, coverages and basis reasonably accep�able ta Lend��- and �ssued by a company or �vmpanies
<br /> r�asonak��y acceptahle to Lender. Trustor, upvn request vf L�nder, wil� defi��r tv Lender from tim� to time �he
<br /> palicies Qr Ger�tificates of insurance in farm satisfactary to Lender, includ�ng s�ipufat+ons �hat coverag�s will no� be
<br /> cancelled or diminished wfthaut at ieast ten {��y days prior wri�ten notice �o L�nder. Each insurance policy als❑
<br /> shall in�lude an endorsemen�pra�iding that cv�erage in#avor a�Lender will no�!�e impair�d in any vvay by any act,
<br /> nmissi�n ar default a�Trustor or any other pers�n. Shouid the Rea[ Prop�rty be l�cated �n an area designa�ed by
<br /> the Adminis�rator��#he Fed�ral Emergen�y Managemen�Agen�y as a spe�ia� fload ha�ard area, Trustor ag�ees to
<br /> obt�in and maintain Fed�ral F�vfld �nsuran�e, i� a�a�lable, far the full unpaid principal balance of the loan and any
<br /> priar liens on the pr�perty securing th� loan, up �Q the maximum p�licy �imits set under the Na�ional Fload
<br /> Cnsurance Program, or as otherwise required by Lender, and ta maintain such insurancs fvr the term �f�he �oan.
<br /> Applica�ion v� Proceeds. Trustor sha�! prompt�y natify Lender of any loss nr damage �o �he Prop�rty. Lender may
<br /> make proo�f D� IDSS i� Trus�or fails ta do so within fifteen t'!5� days o# the casualty. 11Uhether �r nat Lender°s
<br /> security is impairer�, Lender may, at Lender`s �lec�ion, rec�i�e and retain the proceeds o� any insurance and app�y
<br /> the pr�ceeds �o the reduction af the lndek�tedness, payment ofi any lien at�e��ing �he Proper�y, ❑r -�h� restvratian
<br /> and repair �f �h� Proper�y. If Lender elects ta apply t�e pr�ceeds to res#oratian and repa�r, Trus�or sha11 repair �r
<br /> rep�ace the damaged ar destrc�yed lmpro�ements in a manner satisfactory to Lende�. Lender sha11, upan
<br /> sati��actary proaf v� such expenditure, pay ar reimburse Trust�r from the. proceeds for ths reasonable cos� o�
<br /> repair ar res#ora�ivn i� Trustor is not in defiault �nder this Deed a� Tru$t. Any prviceeds ►rvhich ha�e not he�n
<br /> disbursed ►nrithin �8Q days a�ter their receip� and rrvhi�h Len+der has nat committed �� the repair vr restaratian of
<br /> the Property shall be used first t� pay any amount owing �v Lender under this �eed �f Trus�, then to pay accrued
<br /> interest, and the remainder, if any, st�al! be app�ied to the principal balance af th� lndebte�ness. If Lender holds
<br /> any p���eeds after paym�nt in ful� o� the lndebtedness, such proGe�ds shall be paid to Trust�r �s Trustor's
<br /> interests may appear..
<br /> Trustor's R�por�an Insu�an�e. Upon request ❑f Lender, howeWer na� m�re than once a y�ar, Trus�ar shal! furnish
<br /> �o Lender a repart fln each ex�s�ir�� pvlicy v�F insurance shnwing: ��� the name �f the insurer; �2� the �isks
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