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2� 1 �� 1971
<br /> � Eease, permE�, [Icense, vr pr`rvilege assigned to Lender as addi�ional securi�y�o this �rusf deed, including
<br /> fihose in or an public domain.
<br /> �. To insure and keep insured al! bulldin�s and o�her�mprovements, inciuding f�x�u�es and a��achm�n�s
<br /> navtir on or hereafter placed an the Real Property ta fhe sa�isfac��an of Lender. Such insurance �riIl
<br /> con�ain an endorsemen� shawing Lender as Beneficiary. �n demand, Trus�ar wilf furnish said palicEes
<br /> Qr prQof of insurance ta Lender� and the insurance �arrier sha1� be safiisfactary ta Lend�r. T�usf�r shall
<br /> g���w�it�en notic�to Lender immediately of any c�aRm or �ass. Any sums so recerv�d by Lender may be
<br /> applied in paym�nt of any ma�ured or unmatured �bligatfons secured by �his trust deed, ar at �he
<br /> opti�n af L�nder may be used �o pay for r�cons�ructi�n of the destroyed impro�emen�s. 5uch insurance
<br /> wi�I be in an amoun� at Ieasf �qual ta �he lesser of the I�an baRance, the actual cash �alue of the
<br /> Proper�y, �r the replacement cas� of�he Property, and �rvill a� a minimum, caver Ivsses caused by f�r�,
<br /> ligh�ning, explosian, riof, aircraft, �ehicles, �andalism, cE�il cvmmo��on, smoke, winds��rm, and hail.
<br /> , Trus�or w�ll abfiain and keep flood insurance in force fo �o�er l�sses by f�a�d as required by Lender and
<br /> by �h� Na�iona[ Flaod �nsurance Act of �968, as amended, and by regufa��ons impCemen�ing �he same.
<br /> Trus�ar further agre�s that Lender is not and will no� be liable f�r any fai[ur� by Trus�or or by any
<br /> insur�r, for v�rha�eWer reas�n, to �btain and keep �h�s insurance in force. Trus�or shaIl gRve wr��ten na�ice
<br /> to Lender immedia�eEy of any cancel�a�ion, �ermina�'ron or ma�erial mod�f�cation of any such insur�ance. If
<br /> Trus�or farls �v main�a[n fhe cvverag� describ�d abov�, Lender may, a� Lender's o�tian, abtain
<br /> � cv�erage fa protect Lender's r�ghts in the Praperty according to�he�erms of�his Trus�Deed.
<br /> 3� To keep all buildings, fix�u�es, at�a�hmen�s, and a�her �mproWements naw ❑n ar hereafter placed an
<br /> �he Rea[ Proper�y �ccupied and in �ood r�pair, mainfenance, and canditian and t� nel�her comml� nor
<br /> permi� any acts of was�e �r any impalrment of �he value vf the Property. Trus�o� shall no� remo�e or
<br /> demolish any improvemen� without priar written appro�a[ of the Lender. Trus�or sha�l give immediate
<br /> notice �o Lender of any ma�erial damage to or cons�ruction an �r rela�ed to any af the Praperty. Lender
<br /> may en�er upan �he Real P�operty�o inspect�he same or�a perform any acts au�hvrized herern or in �he
<br /> Laan Dacumen�s. Any �nsp�ctions, reports or samples conduc�ed by Lender sha�� be fvr�heir own use
<br /> and benefit, and Lender sha�l nnt be requlred �o disclose th� r�sults of any inspectians to Trusfior for
<br /> any reason, regardl�ss af v�rhether Lender has done sa an any ��he��ccasion unless Lender agrees �o
<br /> d�so in a separa��wri�ing. Trus�o�is responsible for mar�itaring, preseruing and inspect�ng the Property
<br /> independen�iy of Lend�r, and Lender makes na representation, statemen� or warran�y regarding �he
<br /> accuracy of any �nspection, reparts o�sta�ements reiated �a �he P�aperty's condition, quantity, ar qua[�ty
<br /> of any na�ure, and Trus�or agrees �� shaf! no� rely up�n sta��ments related �herefo made by a
<br /> representative of Lender.
<br /> 4. Tha� T�ustor is, and shall cantinue ta be, duly organi�ed, validly exis�ing and legaily qualified �o do
<br /> business under the laws of fhe s�ates in v�vhi�h Trust�r �p�rates, in c�mpliance wi�h f�deral, s�ate and
<br /> I�caI Iaws or regulations, and ha�e legal authority in such s�ates �o conduc� Trusfiar's �usiness
<br /> operati�ns and to Qwn agricul�ura� real �s�a�e. Nv change has been made in the name, ownership,
<br /> control, relationshrp, �ega� s�atus, or organi�a�ional and farmati�n docum�n�s of any undersigned sinc�
<br /> �he �ime any such informa�i�n was last provided �o Lender. Any b�rrowrng resalution ar similar
<br /> documen� provided �o �he Lender, whe�her �n Lend�r's form or o�h�nrvise, has been execu��d hy ail
<br /> th�se wi�h an ownershrp inferes� in �he Trustvr's en�i�y and such designa�ed sign�r as sef forth in �he
<br /> barrowing resa[ution is duly au�horized �a execu�e any and all Laan Documenfs on behalf �he en�i�y,
<br /> including �his�rus�de�d.
<br /> �.A1I known sources of exEsting or po�entia! en�ironm�nfial contam�nation �n vr n�ar any Rea[ Property
<br /> owne�l or opera�ed by Trustor has �een fu[Iy disClos�d to Lender; the op�rations af Trustor comply, and
<br /> during the term of this �rus� deed wiI[ at al[ fimes camply in a[[ respects, wi�h alE en�ironmentaI Iaws;
<br /> Trus�or has obfiained and wi�l main�ain all licenses, permi�s, authvrizations and reg�stra�ions required
<br /> under any enW�ronmenta[ law and necessary for i�s ��dinary cvurse operations, a[I such environmentai
<br /> permits are in go�d standing, and Trus�or�s in compliance with a�l material t�rms and cond��ions�f such
<br /> env�ronmenta! permits; nei�her Trus�or nor any of its presen� P�-��erty or operatians is subjec� �o any
<br /> autstanding wri�ten order �r�m or agreemen��ri�h any goWernmental autharity or subjec��o any judre'ral
<br /> �r docke�ed admin�s�ra���e proceed�ng, respec�ing any enviranmen�al �aw, en�ironmental claim ar
<br /> ha�ardous materiar; �here are no hazardvus ma�erials or o�h�r�onditivns or crrcums�ances exis�ing, ar
<br /> arising from opera��ans pr�ior�o fihe da�e of fihis �rust deed, wi�h respect�o any Property af Trus�or that
<br /> would reasonably be expec�ed �o gi�e rise to ma��ria[ enviranmen�al claims. �n additian, Trusto� shall
<br /> ho�d Lender harm[�ss frvm any liability for environmental was�e or cantaminatlan on any Property
<br /> App#:53778a�; CIF#:38403; Note#:3��69�5 202EA Lega[Dac.L�afe:Apr31�,�4�G
<br /> F�R1Vl 5n��,Trust Deed and Assignment ot Ren�s Page 4 of 8
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