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200006126 <br />2. TAXES. Trustor shall pay each installment of all taxes and special assessments of every kind, <br />now or hereafter levied against the Trust Estate or any part thereof, before delinquency, without <br />notice or demand, and shall provide Beneficiary with evidence of the payment of same. Trustor <br />shall pay all taxes and assessments which may be levied upon Beneficiary's interest herein or upon <br />this Deed of Trust or the debt secured hereby, without regard to any law that may be enacted <br />imposing payment of the whole or any part thereof upon the Beneficiary. <br />3. INSURANCE AND REPAIRS. Trustor shall maintain fire and extended coverage insurance <br />insuring the improvements and buildings constituting part of the Trust Estate for an amount no <br />less than the amount of the unpaid principal balance of the Note (Co- insurance not exceeding 80% <br />permitted). Such insurance policy shall contain a standard mortgage clause in favor of Beneficiary <br />and shall not be cancelable, terminable or modifiable without ten (10) days prior written notice <br />to Beneficiary, Trustor shall promptly repair, maintain, and replace the Trust Estate or any part <br />thereof so that, except for ordinary wear and tear, the Trust Estate shall not deteriorate. In no <br />event shall the Trustor commit waste on or to the Trust Estate. <br />4. ACTIONS AFFECTING TRUST ESTATE. Trustor shall appear in and contest any action <br />or proceeding purporting to affect the security hereof or the rights or powers of Beneficiary or <br />Trustee, and shall pay all costs and expenses, including cost of evidence of title and attorney's fees, <br />in any such action or proceeding in which Beneficiary or Trustee may appear. Should Trustor <br />fail to make any payment or to do any act as and in the manner provided in any of the Loan <br />Instruments, Beneficiary and /or Trustee, each in its own discretion, without obligation so to do <br />and without notice to or demand upon Trustor and without releasing Trustor from any <br />obligation, may make or do the same in such manner and to such extent as either may deem <br />necessary to protect the security hereof. Trustor shall, immediately upon demand therefor by <br />Beneficiary, pay all costs and expenses incurred by Beneficiary in connection with the exercise <br />by beneficiary of the foregoing rights, including without limitation costs of evidence of title, court <br />costs, appraisals, surveys and attorney's fees. Any such costs and expenses not paid within ten <br />(10) days of written demand shall draw interest at the default rate provided in the Note. <br />5. EMINENT DOMAIN. Should the Trust Estate, or any part thereof or interest therein, be <br />taken or damaged by reason of any public improvement or condemnation proceeding, or in any <br />other manner including deed in lieu of Condemnation ( "Condemnation "), or should Trustor <br />receive any notice or other information regarding such proceeding, Trustor shall give prompt <br />written notice thereof to Beneficiary. Beneficiary shall be entitled to all compensation, awards <br />and other payments or relief therefor, and shall be entitled at its option to commence, appear in <br />and prosecute in its own name any action or proceedings. Beneficiary shall also be entitled to <br />make any compromise or settlement in connection with such taking or damage. All such <br />compensation, awards, damages, rights of action and proceeds awarded to Trustor (the <br />"Proceeds ") are hereby assigned to Beneficiary and Trustor agrees to execute such further <br />assignments of the Proceeds as Beneficiary or Trust may require. <br />6. FUTURE ADVANCES. Upon request of Trustor, Beneficiary, at Beneficiary's option, prior <br />to reconveyance of the Property to Trustor, may make future advances to Trustor. Such future <br />advances, with interest thereon, shall be secured by this Deed of Trust when evidenced by <br />