|
--_ _- - . - - - - __. . _ . 1 • .----. . -- �-� �-
<br /> 1~ • '
<br /> . � � � .
<br /> � . ' ` . . . • .
<br /> .t . '
<br /> r . - � . - ��o�5�a� _ .
<br /> a�her hazards for which flert�Ficiary requires insurance, the � �
<br /> insura�nce to be maintairted ir�'� t_he amount an�d for the periods
<br /> required by the Benefi�iary wi.�h: th� insurance policy including a
<br /> ,. �, standard clae�se grotectiRg TxustQr and Beneficiaty as t�t�i�:.
<br /> interests appear: f�nless� T�us�or aa�d Beneficiarp otherwise, `�gree
<br /> in writing, in"sur'ahce„�r4ceeds shall be appli.e��-,t4• ,r�s�oratia�n :or :� � _ � �
<br /> repair of the. real p�cig�xty damaged� . if� the restora���n, ar tepai�=�;;: . : � . � . , �
<br /> is ecanomically fea�iksle' `.an.d Senef iciary•s s�cu2f'ty 'is na�t •. ' � • � " �
<br /> lessened. If the r�stora�i�on or repair is not econa�i�ally �
<br /> feasiia�e or Benef fciary's seect�ity would be lessened�, inau�cance � � �
<br /> �soceeds shall, be appJ.�ied t�� the sum secured by this Truse Deed �
<br /> whether ar.eot there du.e'�._with any excess paid to Beneficiary.
<br /> . �:,. .
<br /> - 8.3 Trust�c.:shal2 keep and maintain the.: real property... fri� a . �
<br /> reasanabTy goc�., c�n�f.�ion of cepair, reasanahle wear and• tear � �
<br /> excepted. :�`�� . . � . .
<br /> ;��.
<br /> . . - , ,f . _ . . , .
<br /> 8,4 Trust4r:.w:�Il;.;:�ia_ no a�t whici� wi.��,;;��rmit a constraction � � .
<br /> � .,,, . .
<br /> ; � lien to.: 6e. fz-1�i3<�°_a'gc�:ftr�t. tt�e rceal � propert�r��.:;uintil�. the Promissory . .... � .
<br /> , h�te fc�r which• �h.i.$''Tresst Deed is give�n as s`e�urity has been;. paid
<br /> in �'full. . �. � � � .: .
<br /> 9�..`..�: PROTECTI•Dt�;s1]E BENEFICIARY 'S I[3TEYtEST IN REAL PROPER'TS�:'� If '` ' '
<br />��:..-+; Trustar fail�s� ��s-., perform the covenants ar��� �greements con.�ained ' �
<br /> ita� this Trust n�ed, or f f there is a leg�L' praceedfng th�� may - �
<br /> ` : .. significantly affect =T�us�or`s rights i�a �he� real propertg� (such '� .,
<br /> � as a proceeding in b�celrr�picy, p�ob�te, for condemnatior� .;�r to .;.��:�:°=�=
<br /> , err:�"orce laws or ce ulations) , ,�i�eta B�neffciar �� ""`����'
<br /> 9 y may do and pa�r for � .
<br /> '.�h'�tever is nece�sary to prot�e� the',value of the real property . � }-� -
<br /> • ;�:,;
<br /> � acr���bf Seneficiary's rights fn the r�a� property. Beneficiary's �}.;��-�--
<br /> ac�ions may include paying any sums a�cured by a lien which has
<br /> ; pr.i�rity �over this �Trust Deed, appearing in court, payi.ng ;"
<br /> r�asonable atto'rc��ey's fees and. entering onto the real property to `• "
<br /> ; make repairs. Z�lthough Benef iciary may take action under thfs � _
<br /> Paragraph 9, Be�eficiar� does not have any obligation to do so. • �:` .`�'=�:
<br /> � Any amounts disbc�ssed �iy Beneficiary u�der this Parac,�aph 9 sha21
<br /> �ecome additiacial debt of Tcustor ; s�cured by thfs Trust ,�'eed.
<br /> � t��sless Trustor �c�d eeneficiar��- �ag�e� � to oth$� terms of pa��tent,
<br /> _ .. the amounts paid or expenses incurrecl, by aen•eficiary under this .
<br /> • Paragraph 9 sha.t� bear interest from ta���e date of disbursement at `.
<br /> . the rate af ten � t 10} petcent ,per ann.u�r: and shal l be payable upon ' '�:.
<br /> ,;..�
<br /> notice from Ben��iciary to Trt�Y>�or r��.�:iestinq- payment. ;:�-�-
<br /> : - . , �=
<br /> , 10. INSPECTIbN. Beneficfary or Eereficiary's agent may make � . . �
<br /> reasonab�.e entry upon ac,+.� inspect th� ��eal property at reasonable � -
<br /> hours. Heneficiary or �wenefic.iary's agent shall give Tr�ts�or . . , �� �
<br /> natice a reasona��l:e time in ac�..�eance of the inspertion to be� riade
<br /> by� Benef icf ary os ,.3enef ici ary'�. 'agent . . �
<br /> . ... .. .. . . ..... .... . .. ..:. ,.
<br /> . . . . _ ... . .. . . .
<br /> 11. CONDEMNATION. The proceeds �€ any Award or claim for
<br /> • damages , direct or consequenti..� :"•, in connection with � any
<br /> condemnation or othe� taking oE an.y part of tF�e real property�, or � ,
<br /> 3 � ' ,
<br /> .-----.—:�__
<br /> < <
<br /> �
<br /> L • � �
<br /> �
<br /> �
<br /> �
<br /> ` F
<br /> . � .o
<br /> .. ;. � �
<br /> .____�._-____ --- — —
<br /> ..-°'��—. ------- -- --- -
<br /> _ _�.... _....
<br /> -,. ---`— - ---- -- -- — —
<br />
|