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<br /> �-- b. Payment af a11 �sums a8vanced by Heneficiary to protect the Trust
<br /> - i � E�tate, wit,h i.nterest thereon at the rate of fourteen (14) gercent ge� �.°unur..
<br /> : This IIeed of Trust, the Note, the Purchase [��eement, d�ted �,,
<br /> 193�,,and any other instrument given to evidence or further secure the payment
<br /> _ an.t�. �r£ormance of any abliqation secured hereby are referred to colZectively
<br />-- { a� th� "Loan Instruments".
<br /> � TO PROTECT THE SECURITY OF TfiIS DEED OF TRUST: ;;.:;:.
<br /> • �.-: PA�IM�NT OF INDEBT��f.�1..'183. Trustar s�al.i pay when due the prinaipel
<br /> ot„ .ar,�3 the interest oa, the �.r�debtedness evia2��.ed by the Note, charg�� .fees _
<br /> ' attr�. aIl other sums as provi��� in th.� Loan �as'��ruments. This Trust 11E� tivill .
<br /> . be d�.tP March 1, 2000, or upc� gaymen� i* fui� c:�. all sums secure3 hereby.
<br /> �zus�or hereby warrant that tt�c� holdk ze� s;..-:�i� ;.itle to the a�ve-described -
<br /> prc�gPxty, that they ha�e gaoc� and la�:�. aut3-�i�y t� dc-ed and ene�er +�e
<br /> .•- sam�,,that said prog�rty is free an c�ipar of � lie.� and encucnbranae�x .
<br /> ' exce�:+;P�ncumbrances of record, and that they c��LI warrant and defend sagd
<br /> , pxfl�e�t�t:.against all claimants whomsoever. �i^ustor also herehg waives and .
<br /> reli.�q+zishes all rights of dower, homestead, distributive share and exerctption
<br /> ; ' in.a�d to the above-described pr�perty.
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<br /> 2. TA7�S. Tru�tor shall pay each instaL.�aent of.all taxes and all . •
<br /> + :.i.sns, judgments, and special assessinents of every kin�, now or hereafter �;
<br /> levied against the Trust Estate or an� part hereof, be���re delinquency,
<br /> withvut notice or demand, and shall provide Beneficiary wi�h.evidence of��he '
<br /> payment of same. ����`�
<br /> 3. INSllRANCE AND REPAIRS. Trustor shal]. maintain casualty insur�rce -
<br /> coverage insuring the improvements and all irrigation pivots and.Aq'sip�r,�:�t • _
<br /> canstituting part of the Trust Estate for amounts no less than„the �
<br /> � fair market value of the improvements and irrigation pivots.an� equipment. � -
<br /> Such insurance policy �hall contain a star.dard loss pagr�le clause in favcxL of
<br /> , Beneficiary and shaLl rot be cancellable, terminabla, or modifiable wit2tou� ,
<br /> _ �en (10) days prior written notice to Beneficiary. Trustor shall promptly
<br /> repair, maintain and replace all irrigation pivots, power units, tanks, ar.d
<br /> . pumps on th�� Trust Estate or any part thereof so that, except for ordinar�
<br /> wear and tear, the Trust �state shall not deteriorate. In no event sha�.l �he
<br /> � Trustor commit raaste on or to the Trust Estate. :,�,,,,
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<br /> - 4. ACTIONS AFFECTING TRUST ESTRTE. Trustor sha�.l. appear in arid contest � ��
<br /> - any ��ction or proceeding purporting to affect the secu�.i:ty hereof or tre
<br /> ' xzola►_s or pawers of Seneficiary or Txustee, and shall n�y all costs and .
<br /> e�cnenses, inclu8ing cost of evidence of title ar�d atto•rney's fees, in any such
<br /> action or proceeding in whiah.Beneficiary or ��ustee ra� appear. Should
<br /> 1 Txuator fail to makQ any paymont or to �o any act as aizd in the manner
<br /> , prc;ridea in any of the Loan Instruments, Beneficiary and/or Trustee, each in
<br /> their own c]iscretion, without obligation, may make or do the samp in such
<br />= manner and �o suc?� extent as eithor may deem necessary to protect the security
<br /> kiereof. Trustor shall, i�nediately upon dernanc3 thErefor by Beneficiary, pay
<br /> all costs and expenses incurrQd by Beneficiary in connection with the exercise
<br /> by Seneficiary of tt�e foregoing rights, including, without limitation, costs
<br /> � af evidonce of title, court casts, appraisals, surveys and attorney's fees. '
<br /> Any such costs an8 oxpenses not paid within ten (10) days of written demand ;
<br /> shall draw interest at the default rate provided in the Note. '
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<br /> ._ . I� �he evar�t Tru�tor f�i2s ta pay any liens, judg�rcter►ts, ass�ssments, - ��-
<br /> � tc�xes, rents, fees or charges or maintain any insurance an the prnperty,
<br /> � L buildinc�s, fixtures or improvements es provided heroin nr in the Yaan �
<br /> � agreemanLs, Benef.icfary may, at its option, make suck� p�yments dr pravide �
<br /> ir�suranca, m�int�nance or repairs and any �unounts paid t}ierefor shall becom� a q�
<br /> par� af the prinCip�l ind�btedn�ss s�cured hereby, be ir�unediately due �nd , ��
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