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<br /> � rnsuranee premrums,graund ront�,enci eU oiho�charpQS wh8tsoaver fev�ed upon or�ssessed,placad or ma�'o ngainst thQ Trust
<br /> � Properry.Trusto�further a��ees,upon written�aguest by�eneficiary,to pramotfy daliver ta Benohc�ery all�QCe�pts fnr P�ia payment al
<br /> sucA cherQes. Trusfwlrkew/sA egrees�o pay e11 taxos,asswssments and othe�chargAS fev�ed upan p�assassad,placed oi made
<br /> agalnsf,or maasur�c�DY.MIS I�Ss�O!TfuSf A:fRa ro4nrdatr�n Rareaf.
<br /> K, /�nnhC!!!�en i+1 f�aymt�nts.dlll prymBntS reCeiv�d by BCnefiCittry�S to eny clebt,fia8d�ry o�ablrg�ban otived ta Qenehclary Dy Trusta►
<br /> � m.ay 9e eppJti�d by Benaliciary to the�aymeni o�the 1ndeGterJ+iass a to any sueh otAer dobt,rrnD+�rry or ob���atton,�n any order or
<br /> � � ma�r�r ol appNcaMon wlxcA BanslYcfary,!n ttx absMute discradon,c�eems approprfate. Unless othe�ise etected Dy BgnaHc�ery, any
<br /> � suCh paymenf shaN be deert�d Applied first fa tlfe payntenf ol any deM,liebitiry et abligation athe�fhen the Note.
<br /> 6. CherQas:llMS. Tiushx w!!f keep Me Tr�.�sf Property hee fnm eN Mena end errcumlxancss whkh!n any wey may,in the judyment a!
<br /> *"'� gerf�i�uy,have preoriry over.ar impa�r Ure securiry ot,M!s O�eed ot Tivat Dut Tn�atbr rteed not discharge sny su�ch liere so/a►g as
<br /> Q Trustar sJ�eQrAe,in writiny,to p�y Ma obl�jatio+�s9cwec�Ay SucA ken in a mAnner acceptabls b Benet�tary and sAal�in gooti/aith
<br /> �•�j conMst�rach Ma►by appropriats lepsl proCNttin�s�Ifsctivs ro prsvenf fhr�nforcement d ths lien and lho loss o/eny intsros!In a
<br /> 'I� pl�rt ot t!N Trust Pet�perty.
<br /> 7. Hazard le�lcManca, Tnuror shuli kesp ths buNdinQ�and otherlmprovement�naw exisNnQ a hereaRe�erected an the Tnut P�vperty
<br /> � Ms�nd by�nswAnce camsra sa6sfectory to Oene6ciAry aysinst fosa by t'irs,hsr�ds lncludad in the tem�"extended coverage' and
<br /> such oMKr hazarda.caaudlds�ewtd condngsrtctes a�may Ds requfred Dy 9snef,riary,!n such�mounts snd lor such periods as may be
<br /> np��al by EiarrelicJuy. Ths poNay ollnswence ah�1 bs 1n likam ecceptebla to Bsneliclery,provlde thdt ths saime may rwt be
<br /> C�nC�d or mOdifl�d wlNtwlt NRNn f i51 days Mtw wrifMn nofks to B�fslYclary,and al►�N have bss payabte provfsJons!n tavar of and
<br /> k1 lfOrm�CC�phble M 8e+�elFclary.AM prsmlums on lnsu►ancs po�iclsa shaM b�pald!n fhe manreer provided unds�pusgraph I Aereof
<br /> a,il not pNd ln auch man+br.by Trwtar makJnp paymsnf at Nut IiRssn(15)d�yr�pdw to the due dab�dir�cdy ro the lnsu►au�ce
<br /> car�r.8malrcMry shaN have fhs rigAt Ib hoM the poA�clss and ronewds Hrerool and Tiusror shaN promp8y fumisA ro Be+►elFclary aN
<br /> r�wd radcN and aN pafd pnmfum recuipts roceivRd by N.In no evenf shaK B�nsNcJs�•a Tre,stas b�hsld raspans►b!e Rar letNiro b
<br /> pay(nswanc�pnr►�Iums a Mr eny bss or damast arrsing out o/a defect ln eny po�lcy a arislrt�out oI any tallure of e�,�!n.�r&�C6
<br /> car��ny b pay Ifor any bss a dama�s lnsrxed apsfsut a Na falhKe by Trr�ta to ef/sct Ms lnsurance requlred hereunder./n the ev�ent
<br /> W bas. Trustor shaN glve prompf ratke by maiJ to ths insurance cariier And Beneficlary.BenetFclsry may make p►ool ol bss i/not ,
<br /> mad�prompNy a fn propsr h�m by TrusOa.AN poticks ol kuurerrce and any and ell rofunds of uneamed premlums ere hereby
<br /> as.�ned M BsneNclary aa edditkrla/secwity fa ths payrnsnt o�Me Indebtedness.In ths svsnt o/Beneticiary's exercrs�ol the power
<br /> o/aaf�corKslned heroln,a in ths svent o!Mreciosure,eN rigM,tiNs end inbrest o/Tiusta In end to eny insurance porJcy then!n ffw�ce
<br /> ahaNpass to the pu►cha�e►at t!ro frustes's Saln ar loreclosuro aale.In case of any bss,the lnsurance proceeds may,af the optl�on ol
<br /> Benslfc�rry,6e applied by Benelkrerpe vpon the Inde�Mdnsss,a any pan thereof,Artd ln such ader and amount as Bene�'iciary may
<br /> dstenMne;or sdd lnsurance proGesds af the optlon ol Beneliciary,may either be used 1n replacing or iestoring the�iust Proparry
<br /> pa►tlaHy a bteNy destroyed to s Cor�a9�non saNsfactory ro Beneficlery;oi said insurance p�oceeds,a any pprtion thereol,mpy be
<br /> alvased to Tiustor. UMess BeneNClary end Trrrstor othenvJSe ayree�n wnting,eny such appkcation of insurance proceeds�haU not
<br /> extsnd a pastpone Hre due date o/the Noro,o►any tnsta►tments called for thereln,a change tha amourrt e!such installments.N the
<br /> Tiust Prope�ty is acaWred by BansNciary pursuant ro the exerclse oi the powe�ol sa/e or other fo►ecloScr�.al!right,tftfe and/n►e�est ol
<br /> Tiwtor!n and ro any insurance procee�s payable es a iesuff ol damage to the T�ust Properry pMo�to the sa;e a acqass;�on shuii pass
<br /> to Bsneliclsry and shaH be spplied l►rsi t.o the costs and expens�s,A�cluding eltomey fees,�ncunet!in aollecting sustR,p�cviceeds. then
<br /> In the marterec and in the ader provrded�r,eieln.
<br /> 8. Proservatiors errd Melnter�ence o1 Trusi l�perty. Trusfor will keep the buifdings and other I�rnprovements now or he�eafter erected ert
<br /> the Trust Properiy rn good repair and condition and will not commit or permit waste, w�tl not alter the design or st�uctural cha�acter
<br /> constitudng any Dullding now or hereafle�erected on and const;tuting ths Tiust Property without the prior w►itten consent ol
<br /> ---- 88ttefr;,3ar�, ::i!!nof do any aGf ur thirci�w1xCA would unduty impair o►depreclate the vafue ol►he Tiust Prope►ry and wilf not abandon �
<br /> the Trust PrppeRy.Tiustor wiH not remcre any tixtures consdtuting the Tiusf Properiy unless the same are immedlalety replaced with .
<br /> like properry sub/ect ro 1he tien snd seccca y lnterest ol this Oeed ol Tiusf and of at leasl equal value and utiliry, Trusta w�ll comply with • ,'
<br /> dl or�.ennt and/uturA onfin�nces;reau/ation.c and neerl�iramantc�l any anvn�nmqntwl lwxtu whi_r.h arp Anrvieal�(a(n!fu► Tiixcf PrnnartS..:
<br /> and to the xcupancy an�use thereaf.i!this D�ead c;rrust Is on a unit!n a condam�nlum or a planned urn dave/opment, Tiusia sha11 �
<br /> perlorm e1101 Tiustw's obllgetions under ihe dect�rations or covenanis c�eating or governing the condom�nmm or the p/anned unit
<br /> dsvslopmerr�the bylaws and►egulaeores ol the condominium or plartrred unit devebpment and the constrtuent docurtnents.
<br /> g. lnspection.Beneficlery a its agents rrsay,at aq�easonatrte ti.res,enter upon 1he Trusf Prope.+.y!or the purpose of irtspe�C6on. ' _
<br /> Bensficlary shaN have r►o dury to make sucA rnspection and shafl not be l�able ro Trus�a a c�any person m possess►��t�f makes or 1
<br /> /sils b make any auch inspectlon. =
<br /> 10. ProbCtion o1 Sucurity.ll Trustor la�ts to peAam any o1 the covenants and ag�eements conta�ned in Ihis Deed ol Trust.or rl any acaon
<br /> or proceeding►s canmenced wh�ch ubas a may adveisely af/ect the T►ust Property o►the�ntecest ol Tiusror o►Benehc�ary there��►ar `
<br /> fhe NNS af Trusfa N►ereb,H►en Benehaar�,at its option,may peAorm such convenartts and agreements,make such a�earances. � �
<br /> ds/end agalnst and lnvestig�fe such aChon w p►oceeding and take sech olher ac0ion as Be�ehciary deems necessary«F�ctect�ts � �
<br /> intsrest lncluding,but nof limited b,disbursemPnt ol reasortaDle attomey fees 8nd entry upon the Trusi PropeRy to mAke repans. A,^� :,�'.'
<br /> Anwunts dlsbwsed by BeneGciary p�rsuent ta this paragiaph 10,with interest the�eon,shall const�tute fndebtedness ol Tiustor
<br /> secu►ed by thls Oeed ol lrust. UMess Trusbr and Benetieiary agree to othe�terms ol payment such amounls shall be payab/e upon ;�
<br /> noD�ce from Bena6ciary ta Trusror reqses6ng paymen�thereol,and shall bear interest from rhe date of drsbursement ar C':e defau�t rate, y
<br /> if any,set/ath in the Note,or otherwise et Ma h�ghest rate permrKed by law. Nothing contained rn this paragraph shap requrre
<br /> Beneficlary tolncur any expense w take arty acUon hereuntle►. Trustor inavocably authorires and empowers Benelic�ary to enter upon
<br /> the Trust Propeify as Tntstor's agent artd,m Trustor's name or othenvise ro pedorm any and all cavenants and agreements to be
<br /> psrformed by Tiusta es herein provided. 8enefrcrary snalt,at�ts optron,be subrogated to eny encumbrance.l�en,clarm or demand
<br /> and to aJl rights and seCUrities for the payment thereof paid o�d�scharged by Beneirc,ary undei tho prowsrons hereol and any such
<br /> S�brogat+OA�ghts shel!be edditionei and Cumulahve seCURty for th�s Deed of T►ust.
<br /> 11. Condemnabon. 1rie proceeds ol any 3wa�d or cfa;m loi damages,dr�ecf o�consequennal,in�connecrron w,th any corr�e�`a►natron ar
<br /> oths►taking ol the Tiusf PropeRy,or any paR thereo/,or tor conveyance�n lieu of or rn enUCipaGOn of condemnahor.,are hereDy
<br /> assigneQ to end shal!De paid to Bene�rcisry. Tiushrr will f,le and prosecute,rn good la�ih and with due ditr�ence,�ts cla,m los any such
<br /> eward�r eaymenf,errd wil!cause tAe same to be cotlected and pard to Benehclary,and,should rt ta�!tn do so. rrustor,nevocabfy
<br /> authori�es and empowers Berteliciary.;n the rtame ol 1re�stor o�otherwise, to hle,prosecute,selfle or compromise en�r such claim and
<br /> to CoJleCt reCBtpf for end retein the�RroCesds. il fi►o Tnrst Properry is abandorted by�rusiar,o�,afre�norrce by Bener����,ra �iusto►
<br /> that fAe c�^a�amnor olfers to make an awaid or sett�e a cta�m la damages. Trustor larls to respond ro Benehc�ary w�frrr.�huty(30)deys
<br /> a/ter the date such notice is mailed,BenefiCrary�s auihor�ze�i to ccllect and a�ply the proceeds rn the manner rndiCated here�n Thp
<br /> proceeds ol any award or claim may,aRer deductinfl e.�l reasoneh/n cosis artC expenses.mcludmg attorney lees,wh:ch may have
<br /> been InCUned by Bene6c�ary in Ihe collection Mereol,at the sola d�scrohon oi Benebc�ary.be rereased to Trustor,appl,ed to
<br /> restoration ot Trusf P�ope►ry,or t�pp/rgd fo►�e paymenl of the lndebfedness. Unless Benehclary and Truslor otherwrse�g�ee�n wr�trng, -_____-
<br /> any suclr e�t�pliCe6on ol proceeds to�rdeblQdness sha!!not extend or postpone the due date ol the Note or the paymer�o�arty �
<br /> lrtstalJmer,fs Celled lor[he►eunder.
<br /> 12. TrustO�NOt Re/eased.Extensron o1 the hme!a paymenf o�mod�l,catron ot any amarhzafron ol the IndebtQdness gran'eC by Benefrcrary
<br /> to any sucCessn►rn rnterest ot trusto�shaG not operate to►elease.�n eny manner,the Gab�bry of 1�usto�arid Trusiors sucr,essors�r.
<br /> � rnte�est. L�en,eliciery shaU not be reqwred to commence p�ocaed�ngs age�rtst such successor o�refuse to extend l�me f,�v payment or
<br /> athen�r,ss��odify emorb2�bon of fhe fn.debtedrtess by�eaSOn ot IIny demand made by Trustor and Trustor'S suCCess�•� �
<br /> in lnterest «
<br /> 13. Finaneial Informahon. Upon requesf o1 Benehc�ary, Trustor w�n prov�do to Benehcra�y, w�thrn n�nery(9�J)days ol the c/ose cf each!�scal �
<br /> � L,.,,, Yea�ol Trusto�.the conso�rdaPed balanco sheet and sta!ernent ol earnrngs al 7rus�or and any and aJl gua�antors ot the Ir.oebfedness ��#
<br /> seCU�ed hereby,�t t�ty,gnd w�i!provrde and deGv�r 10 BonslraAry such other f�nanc�al rntprmatron and rn such manrter as Benet�c�ary
<br /> ' may reasonebdy raauost Irom nmo to t�mo ��
<br /> w�,. 14. Frnanc�aJ Co�enantc !n Addibon fo t�ny othei hnanc��l covonants vJ 7rusta made�n any other ag�eement.rnstrumer�!or document. �
<br /> Trusto�Sh��U Comply with[tnd sh31!CauS9 erty&nd e/l gu�tanlots of the Indebtednes�secu�ed he�eby to comp�y w�th,or be rn `
<br /> _— com�r63nce aith,the IoUow�ng Imartc�v�covenAnts (Th�s paragraph sha�l no1 opply�f covenants flnd reqLnements aie no1 s�t '
<br /> lonh he�vrn)
<br /> , f5 5Chvdul�oltaases W+th�n tt�n(10)d�yg�ry�r�f�»��nd. lrustor shal;!iranith to Fi��rE�l,�,ary a sr•heciu'r• � rK�f�r.rl•n h•r 1�c�s1�r •,rrt�<<q
<br /> `; (o�lh�ll l�nSE:S O�ihG� lrus►P�opr.�ty. o�ttnYUoK�an lh�r,�n�,���c�udmy m r.ac��casr thp n��mo nf rnr r��n.3^t5 r.,.c ruf�.n�r�. ri�if�tc r��t,�.n
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<br /> ir IP.SpBCf tO Sut'h lO�Sf!S ilnp fCn�n�rE S,�c�enQfrc�nry mpy r���nn;tU�v�FUuCSf
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