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2� 17�2� 19 _ , �b�premiums for f�re, otiher hazard and mortgage insurance next due. If Beneficiary det�rrnines that am�unts pa�d by Trustor are insufficient for the payment in fu11 of such�axes, assessments, lev�es andl�r insurance premiums, Benef�ciary shall not�fy Trustor of the increased amaunt required far the paym�nt thereof when due, and Trustor shall pay to Benef�ciary such additional amount with�n �hir�y �3�} days after not�ce from Beneficiary. A�� amounts so paid shal�na�bear interest, except to the extent and in the amount requir�d by law. So long as �here is no Default, Beneficiary shall apply said amounts ta the payment of,or at B�nefic�ary's sale option release said funds to Trustor for applica�ion to and payment of, such taxes, assessments, levies, charges and insurance premiums. If a Default exists, Benefic�ary at �ts soie option may apply al� ar any par� of sa�d amoun�s t� any Secured �bligation andlor ta cure such Default, in which event Trust�r shal�be required to rest�re al� amounts so applied, as w�ll as ta cure any Defauit not cured by such applica��on. Trustor hereby grants and transfers to Beneficiary a security interest in al�amounts so paid and held in Ben�f�ciary's possession, and all�roceeds thereof,to secure the payment and perfarmance of eac�i Secured �bl�gati�n. Upon assa�,mm�nt of this D�ed of Trust, Beneficiary sha�l ha�e the right to assign all amounts callected and in its possession to its ass�gnee, whereupon Beneficiary and Trustee sha��be r�leased from all�iability with respect�hereto. The exis�ence of said �mpounds sha�l not lim�t Beneficiary's rights under any �ther provis�an of this Deed of Trust �r any other agreement, statute or ru�e of Iaw. �1LTithin ninety-�ve (95} days following full repayment of all Secured�bligations (�ther than as a consequ�nce of a forec�osure�r c�n�eyance in lieu of foreclosure of the liens and securi.ty in�eres�s securing any Secured �bligation), or at such earlier time as Benefic�ary in its reasonable d�scr�tion may elect, the balance �f a�� amaunts colle�ted and tn Beneficiary's possession shal�be paid to Trustor,and no o�her party sha�l have any right of claim thereto. 3.7 Dama�es; Insurance and Condemr�ation Pro�eeds: (a} ��}A�1 awards of damages and all other compensatian payable dir�ctly or ind�rectly by reason�f a condemnation or proposed can�iemnation�or transfer in�ieu thereof} for pub�ic or pri�ate use affecting the Trus� Property; �ii�all other claims and awards for damages to or decrease in �alue of the Trust Property; �iii}a�l pro�eeds of any insurance policies payable by reason�f loss sustained to the Trust Property; and(iv} all interest which may accrue on any of the foregaing, are al�absolutely and irrevocab�y assigned to ax�d shall b�paid to Benefic�ary. At the absalute discretion of Beneficiary, `uhether or not its � security is or may be impaired,but subj ect to applicable�aw if any, and wi�h�u�regard to any requirement contained in any ather Section hereof, Beneficiary may apply all or any of the praceeds it receives to its expenses in settling, prosecuting or defending any such claim and apply the ha�ance t� the Secured �bligatians in any order, and release ai1 or any part of the proc�eds to Trustor upon any conditians Beneficiary may impose. Beneficiary may commence, appear�n, �iefend or prosecute any assigned claim ar acti�n, and may adjust, compramise, sett�e and collect al� claims and awards assigned to Beneficiary; provided however, that in na event sha�1 Benefic�ary be responsible for any failure to co��e�t any claim or award,r�gardless of�he cause of the failure. �b} Notwithstanding the faregoing, Benefic�ary shall make any insurance and.lor candemna�ion proceeds available to�he extent reasonably required for repair or restoration of the Trust Pr�perty caused by or resulting fram any casua�ty or condemnat�on so l�ng as �i} no Event of Default then exists, �ii} Trustor demonstrates to Beneficiary tha�Trustor has suf�icient funds to complete any repair or restaration nat cover�d by the insurance or condernnation proceeds and to make a�� paymer�ts due to Beneficiary, inc�uding but not �imited to payments under the Note, during the period of repa�r ar r�storation, and �iii} any repair or rest�ration can be completed a�least six��}months prior ta the ma�urity date of the Nate. � 3.$ Maintenance and Preservation of Trust Pro ert . Subj ect to the pro�isions of any Secured �bl�gati�n,Trustar cavenants: �a} to keep the Trust Property�n goad condition and repair; � -4-