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��1 5�5��� <br /> ���� �� ��u�� <br /> ���3�$�nued} Page � <br /> Lender's Right to Enter. Lender and Lender's agents and representati�es may enter upon the Reai Prope�ty at ali <br /> reas�nable times �ta a�tend to Lender's €nterests and to inspec� �he R�a� Prape�#y for purposes o� Trus�or's <br /> cvmpliance wi�h the terms and eondi�ions o�this Deed of Trust. <br /> C�mplia�ce with Ga�ernm�ntat Requirements. Trustar shaf� promptly comply with all laws, ordinan��s, and <br /> regulatians, naw�r herea�#er �n effect, a�all gaWernmen#al autk��rities applt�able ta fhe use or occupanGy of the <br /> Prope�ky. Trustor may contest in goad fai�h any such law,ordinance,or regulatian and wi#hhaid compliance during <br /> any proce�ding, including appropriate appeals, so long as Trustor has notified Lender in writing prior�o doing so <br /> and so Iong as, in Lendet-`s sale opinion, Lender's interests in the Prop�rty are not jeopardized. Lender rnay requ�re <br /> TrustQr to post adequate security ar a surety bond, reasonably sat�sfa�tory to�ender,�o protect Lender's interest. <br /> Duty to Prote�t. Trustor agrees neither to abandon ar 1ea�� una#�ended the Proper�y, Trustor shali do a�l other <br /> ac�s, in addition to those a�ts set forth above in this sectian,which from the charac�er and use of fhe Prape�ty a�e <br /> reasanahly necessary fo protec�and preserv�th�Property. <br /> TA)(ES AND L�ENS. The �allowing pra�fsions r�elating �a the taxes and liens on the Praperty ar� part o#��his ❑�ed o� <br /> Trus�: <br /> Payment. Trustar shalj pay when due[a�d in all e�en#s pr�or to delinquency}ail taxes, speeia��ax�s,assessments, <br /> charges �includi�rg water and sewer},fines and impositions le�ied against or or� accvun#o�the Prc�per�y, and shall <br /> pay when due all clairns far work dane on or far senri�es �'endered o�-ma�erial furnished to the Praperty. T�ustar <br /> shali main�ain the Prop��ty�ree of ai! �iens h��ing priority over or equa��o�he interest��Lender under this Deed of <br /> Trusf, exce�t for the lien ❑f taxes and assessments not due and except as other�►vise pro�ided in this Deed of <br /> Trust. <br /> Right to Ct�ntest. Trusto�-may withhold payment of any tax,assessment,or claim in connect�orr with a good faf�h <br /> dispute o�er the oblEga�ion ta pay, so lang as Lender's�nter�s�in the Proper#y is not jeopardized. If a[i�n arises or <br /> �s fled as a re5ult of nonpaymen�, Trus�or Shall within ffteen {'�5} days afiter the lien arises or, if a lien is filed, <br /> w�thin fi�teen �1�} days after Trus�or has notice of the f�ing, secure�he�ischarge of the lien, or if requested by <br /> Lender, deposi#wi#h Lender cash ar a suffic�en�corpora�e 5urety bond or other se�uri#y safii�factvey to Lender in an <br /> amount sufficient to discharg�th� lien plus any costs and a�tarneys'fees, or oth�r charges�ha��ouid accrue as a <br /> result of a fo�eclosure or sale under�he 1ien. In�ny contes#, Trustor sha[I defend itse[f and Lender and sh�l!s�tisfy <br /> any ad�erse judgment befare en�ar�ement against#he Praperty. Trustar shall name Lender as an additianai oblige� <br /> under any surety bond furnished in#he contest proceedings. <br /> E�id�nce of PaymenY. Trustar shall upon demand furnish to Lender satisfact�ry e�iden�e of paymenf of the taxes <br /> or asSessm�nts and sh�ll auth�rize the appropria�e gouernrnental offi�ial�o deli�er'�o Lender at any�ime a written <br /> statement o�the�axes and assessmen�s against the Pr�per�y. <br /> Nat�ce of Constructivn. Trus�or shall no�ify Lender at least fif�een [�5} days befare any work is c�mmenced, any <br /> servic�s ar�furn�shed, o�any rna�eria�s are supp�ied ta the P�'ape�ky, i�any mechani�'s I�en, makerialmen's Cien, ar <br /> ather lien �ould be asse�ked an account of the work, services, or materia�s, Trustor will upon request af Lender <br /> furnish to Lender ad�ance assu�ances sat'ssfactary �v Lender that Trusto� �an and will pay the �ost of such <br /> impro�ements. <br /> PR4PERTY❑AMAGE INSURANCE, The follawin� pra�isi�ns rela�ing to insuring the Praperty are a part of#his Deed of <br /> Trus�. <br /> Maint�nance vf [nsuran�a. Trus#ar shall prc�cure and main�ain policies af f�re 3nsurance vvith stan�lard ex�ended <br /> co�erage endarsernents an a replacem�nt bas�s for the full insurab�e va�ue co�ering all Impro�emEnts on the Real <br /> Proper�y in an amount suf#icien�t to avaid app�icatian o�any eoinsurance �lause, a�d with a standard martgagee <br /> clause in fa�ar af Lender,tog�ther w�th such other ha�ard and �iabili�y insurance as Lend�r may reasonab�y��quire. <br /> Pol�cies shall be written in form, amaunts, co�erages and basis reasonably acc�p#able to L�nder and issued by a <br /> company or companies re�sanabiy ac�eptabie to Lender. T�ustor, upon �-equest of Lende�-, will deliver to Lender <br /> f�om �ime to time#he pQlicies ar cer�ifcat�s o�insuranc�in �arm satis�actory t�Lender,inciuding stipulations that <br /> cvver'ages wii� n�t be �ancelled or diminish�d wi#hout at least�en (��} days pria�'w�'i�ten noti�e to Lender. Each <br /> insuran�e poiicy alsa shal! �nclude an endorsement pr��id�ng that co��rage fn fa��r flf Lend�r wili not he impaire� <br /> in any way by any act, ❑missi�n or default of Trustor ar any ather person. Shauld the Real Property be located �n <br /> an area designated by�he Administrato�of the Fede�-a! Emergency Manac��men�Agency as a speciai flafld�hazard <br /> area, Trustor agrees to obtain and maintain Federal Flood Insurance, if availab#e, far the maximum arnoun# of <br /> Trustot-'s�reciit line and the fuli unpaid principa�balance of any pr�or liens on the propet�y securinr�khe �aan, up�o <br /> �he maximum poli�y iimits set under the Natianaf Flaad Insurance Pragram,or as otherw�se r�qu�red by Lender,and <br /> tQ maintain such insurance for the term af�he loan. <br /> App�icat�on af Prc�ceeds. Trustor sha�l promptiy notify Lender�f any I�ss or damac��#o the Property. Lender may <br /> make pro�f of loss if Trustar fails t� do s❑ wi'�hin fift�en �1�] �ays of the casua�ty. V1lhether or not Lende�''s <br /> security is impaired, Lende�'may, �t Lender`s electian, receive and r��ain the proceeds o�any insurance and apply <br /> the proceeds �o the reduc#ion of the Indebtedness, payment❑f any lien aff'ecting the Property, or the restaration <br /> and repair o��he Prop��ty. If Lender elects to apply the proceeds to res�oration and repair, Trustor shal� repair❑r <br /> rep�ace the damaged ❑r destroyed Impro�ernents in a manner sa#is�ac#ory to Lende�. Lender shall, upart <br /> sa#�s�a�to�y pr�af o� such exp�nditure, pay or reimburse Trustor from the proceeds far �he reasonabie cast of <br /> repa�r ❑r restorafian if Trustor is not in de�ault under this �eed of Trust. Any proceeds whic� ha�� nat heen <br />