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Z�15�5�31
<br /> �EEC] �F �'�L)�T
<br /> ��Onti�ued} Page �
<br /> insp�ctians and tests, at Trustor's exp�nse, as Lender may deem approp��ate to determine �ompliance of the
<br /> Proper�y with this seeti�n vf the Deed of Trust_ Any �nspe�tions or�ests made by Lender sha[I be f�r Lender's
<br /> purposes only and sha��na�be cQnstrued tp create any respansibility o�lia�ility on the part❑f Lender tv Trustor vr
<br /> ta any oth�r person. The represen#ati�ns and wa�ran�ies cvntained herein are based on Trustor's due diligence in
<br /> investigating the Property for Ha�ardous Substances. Trustor hereby ��� re�eases and w�i�es any future�lairns
<br /> agains� Lender#or indemnity v�contribution in the e��nt Trustor be�omes [iable�ar Gl�anup �r❑ther costs under
<br /> any such laws; and �2} agrees tv irldemnify, defend, and hald harmfess Lender against any and a�l clairns,losses,
<br /> I�abilities, darnages,penalties, and expenses whi�h Lender may dire��fy or indireGtly sus��in or su�Fer resulting from
<br /> a breach of this section o�the ❑eed of Trus�or as a consequence o�any use, generation, manufacture, s�orage,
<br /> dispasal,refease Q�threaten�d release❑ccurring pr�or t❑Trustor`s own�rship or inte�est in the Property,whether or
<br /> not fhe same was or shauld ha�e been known ta Trustor. The prv�isions ❑f this sectian of the Deed o�Trust,
<br /> inc[uding�h�nbligat�on to indemnify and defend,shall survi�e�he payment af�he indebt�dness and the satisfact�an
<br /> and recon�eyance of�he iien vf this Deed af Trust and shall not he af�ected by Lender's acquisition vf any inter�s�
<br /> in the Property,whether by fore�losure nr othenrvise.
<br /> hluisance, U1laste. Trustor shal[ no� cause, conduct or permi� any nuisance nar cvrnmit, perm�t, or suffer any
<br /> st�-ipping of or waste on or#o the Property vr any portivn af the Prapes-ty. Wi�th�ut limiting �he generality❑f the
<br /> ��regving, Trustor wili no�remvve, ar grant ta any ofiher party�he righ�tv remove, any timber, rninerals�in�luding
<br /> nii and gas},coaf,c�ay,scoria,sail,grav�l or rv�k produc�s wi�hvut Lender's pri�r wri�en consen�.
<br /> Remo�al of�mpro�ements. Trustar shall not demoli�h�r rernove any[mpr-o�ements frorn�h��eal Praperty withvut
<br /> Lender's pria�wr�tten cansent. As a cvndi�ian to the remo�a� o�any i�pr��ements,L.ender may require Trustar�v
<br /> make arrang�ments sa�isfact�ry to Lender to replace such �mprouemenfs wi�h Im�ro�em�nts a�F a� 1e�st equal
<br /> �alue.
<br /> Lender's Right�v En��r. Lender and L�nder's agents and r�preser�tatives may ente�up�n the R�al Pr�perty at al�
<br /> reasonable times to attend to Len���"s in�erests and to �nspect �he Rea� Proper�y for purposes of �rus�or's
<br /> �ompiiance with�he terms and condition�of this❑�ed of Trus�,
<br /> Gompliance with �overnmental l�equ�temenfis. Trustat' shall �romptly comply wi�h al� law�, ordinances, and
<br /> regula�ions, now or herea�ter in ef�ect, ot a�l ga�ernmen�al authorities app�icabfe to�he use or accupancy�f the
<br /> Praperrty, including wi�haut limi�ation, the Americans With �isabilit€es Act. Trustor may�ontest in goad�ai�h any
<br /> su�h law, ordinance, or regulation and withhoid compfiance during any prviceeding, including appropriate appeals,
<br /> s❑ Iong as Trustar has nati#€ed Lender in writin� priar tv doing sa and sv lang as, in Lender`s saie❑pinion, Lender's
<br /> infieres#s in the Property are nvt jeapardi��d. Lender rnay require Trus�ar to past adequate securitY �r a sure�y
<br /> band,reasonably sa�isfactory ta Lender,to pr�tec�Lender.'s interest. �
<br /> Duty to Prvtect. Trustor agrees neither�❑ abandvn �r�ea�e unattended the Praperty. Trus�or shafi do all ❑ther
<br /> acts, in addi�ivn tv thvse acts set farth abo�e in this section,which from the character and use af the Pr�perty are
<br /> reasana�ly necessary�� prot�ct and preser�e the Pr�perty.
<br /> T►4�ES AN� LIENS. The fo[fowing pro�is�ons re�a�ing fo #he faxes and liens on the Property are part of this ❑eed af
<br /> Trust:
<br /> Rayment. Trustar shal�pay when due{and in al{��ents pri�r ta delinquency}all taxes,special taxes,assessments,
<br /> charges �inc�uding water and sewer}, fnes and impositions le�ied agains#or on acc�un�af�he Property, and shalf
<br /> pay when due alf c�aims far wark dane❑n or�Fvr ser�ices rendered or material furnish�d to the Property. Trustar
<br /> sha�1 rnaintain the Proper-ty�Free of a�l liens having priori�y vver or equal tv the intersst❑f Lender under this ae�d of
<br /> Trusf, except for the lien of taxes and assessments not due and except as vthetw�se pr�vided in this �eed of
<br /> Tru st.
<br /> Right#Q Cantest. Trus�or rnay�rvithhold payment of any fiax, assessment, or c�aim in cqnnection wi�h a gvod faith
<br /> disput�vver the vbligatian to paJ�, sa long as Lender's interes�in the Prvperty is no�jenpardi�ed. Ef a lien arises�r
<br /> is filed as a ��sult�f nonpaym�nt, Trus�or shall withir� �ifteen ��5} days after the lien ari�es ❑r, if a lierr is�iled,
<br /> within �if��en �15� days aft�r Trustor has notice af the �lin secure�he dischar e v�the i�en,
<br /> �r 9 ar if requested ��
<br /> Lender,deposi�wi�h Lender cash or�sufificient�arparate sur�ty b�nd ar ather security satis�actvry�o Lender in an
<br /> amaunt su�Ficient to di��harge the[ien p�us any cas�s and attorneys'fe�s, vr�fher�harges t�afi cauld a�crue as a
<br /> resul#af a forec�osure c�r sale under�he iien. !n any Gan�es�, Trus�tor shafl defend itself and Lender and shail satis�y
<br /> any ad�e�se judgmen�befar�en��rcement agains�the��-operty. Trustor sha��name L�nder as an additional❑bligee
<br /> under any surety bond furnished in the cont���prv�eedings.
<br /> E�idence af Paymen#, Trus�or shall upvn demand furnish to Lender satisfactory evidence of payment v�the taxes
<br /> ❑r asse�srnents and sha��authorize the appr�p�-ia�e gavernmentai o�F�cial t❑deli�er ta Lender at any��me a vtirri�ten
<br /> statement af the taxe�and assessments against�he Pr�per-t�r,
<br /> Notice af Cvnstru�tivn. Trustor shaff n�fify Lender at least fif�een {15}days bef�re any wark is cnmmenced, any
<br /> services ar�furnished,ar any materials are supplied�o the Prvperty, i�any mechanic's fien, rnaterialmen's lien, nr
<br /> other lien could b�asserted on account of fhe wark, servi�es, �r materials. Trusfior will upon r-equest❑f Lender
<br /> furnish �o Lender aduance assurances sa�isfac�ory �a Lender �ha� Trustor can and will pay the cvst o� such
<br /> imprpvements.
<br /> PR�PERTY DAIVIA�E 1NSURANCE. The faflowing pravisians reEa�ing tv �nsuring�he Praper�y a�-e a part of this Deed af
<br /> Tru st.
<br /> Maintenance ❑f lnsurance. Trustor shafi pro�ure and maintain pvlicies a�fire insuran�e with Standard extended
<br /> cvverage endvrsements on a �air valu� basis fvr the fiul� insurab�e value cov�ring aIl lrnp�o��ments on the Rea�
<br /> Prvper-ty in an amoun-�su�fiicient to a�oid app�icati�n o� any vainsurance cfause, and vvith a standard rnartgagee
<br /> �lause in fa�ar af Lender. Trustor sha(�als�pracur�and main�a�n carnprehensive genera!�iability insurance in such
<br /> cn�erage arnounts as Lender may re�uest with Trus#ee and Lender being narned as �ddi�ionaf insureds in such
<br /> [iabi�i�ty insurance poficies. Additiona�ly, Trustvr shall maintain such afher insurance, inc�uding hut not iimited t�
<br /> hazard, business interruption, and b�iler insurance, as L�nd�r may reasanably require. Policies shall be written �n
<br /> €c�rm, amounts, GOVBI"���5 and basis reasonabfy acceptable ta Lender and issued by a company ❑r �ompanies
<br /> reasonal��y accep�ab�e tv Lender. Trus�or, upvn request o� Lender, wif 1 de�i�er ta Lender fram tirne �v �ime the
<br /> palicies or cer�ifi�ates�f�nsurance in�arrn sa�isfactnry t� Lender, incfuding stipulativns�hat cv�erages wil� not be
<br /> cancelled❑r dim�n�shed withvut afi least thirty�3D}days privr written nvti�e to Lend�r. Ea�h insurance po��cy afso
<br /> shalf in�lude�n endarsemen�pro��d�ng thaf cnuerage in fa��r of Lender wi11 no��a�impair�r�in any way by any act,
<br /> omissian or defauft❑�Trustar or any othe�'person. 5h�uld the �eaf Property be focated in an area de�ignated by
<br /> �he Administratvr❑f the Federal Ernerg�ncy�11lanagem�nt Agency as a specia�flovd hazard ar�a, Trus�or a�rees to
<br /> obtain and rnaintain Federa! Fl�ad fnsurance, i�aWai�able, �or the full unpaid prin�ipal balance af�he loan and an�
<br /> prior I�ens on �he prop�rty securing the �van, up tn the maxirnutr� poli�y firni�s s�t unde�' the Natianal Flvod
<br /> Ensurance Prvgrarn,�r as otherw€se required hy Lender,and to m�in�air�such insurance f�r#he term nf the�oan.
<br /> �►ppll�ation af Prac��dse Tr�us#or shali p�ompt�y nv�ify Lender�f any lvss❑r darna�e to the !�roperty. �.ender ma�
<br /> make proaf a�loss if Tn.astvr fails �o do so w�thin ff�een �'�5) days of the casualty. Whe�her or nafi Lender's
<br /> security is impa��ed, &�end�r may, a�Lender°s e�ectian, recei�e and refain the praceeds of any insurance and app�y
<br /> �he proceeds�o the reduc�ion of the �ndeb��dness, paymen�vf�ny lien affec�ing the Property, ar the restoration
<br /> and repair-�f the Praperty. if Lende€�ele�ts to app�y the proc�eed�t❑ restvra�ion and repair,Trustvr sha�� repair ar
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