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<br /> �Q.,�,�4��48
<br /> FIRE,�qSt�TY�AND OTHER tNSURANCE:Ta keep such property Insured against los�or damage by fire and other
<br /> . risk ar ►iaks which,in tne sole opinion o1 Beneticiary ahou�d be Inaured�againsl, under policies ot insu�ance with loas
<br /> payable to Beneliciary dn torm,amount and companles acceptabte to 8eneficiery.Said poiicies shall be delivered to and
<br /> f�m�!ini�pt�«sas4�t���Sl.`R°fi:}wr;w�i�Khsr.-�ur3;ylari�a;nff��ui�o;��iudiiGo'viiiie�dvuii�diioti�,wi�ici�d�iiveryshail
<br /> � c9natitute an aasiynn�ent by Trusia� to 8eneticiary af all r�ghts th�reu�de�.i�cluding all �eturn premluma to deliver to
<br /> Beneiiciary a policy o�poficles renewing ar extendin�y any exptring inaurence wlth a receipt showin�premiums peid at
<br /> lea�t lhlrty(3tl)deys betQre explration. tt Trustor faila to ao dellver any�enewal policies. Beneflniary may pracure auch
<br /> insurance es it may etect And may make payment of premiums thereon,which payment is repayAble o�dema�d.Neither
<br /> T�usis�nor Beneticiary shall b��esponsib�e tor obtaining or mai�taining such insurance.Be�eficiary,irom time to time,
<br /> may tumish to any insuranceagency Qr company,or any other person,any information contalned in o�extracted irom any
<br /> insuranca policy the�etofore delivered to Beneficlary pursuant hereto,and any intormation conceming the loan secu�ed
<br /> he�eby. In �o event end whethe�or not detauN he�eunder has occu�red shall 8eneflciary, by tt�e tact of approvin�,
<br /> accepti��or obtainin9 auch insurance,incur any liablUty to�the amount of such insu�ance,the form or leyal aufliciency at
<br /> inaurance cont�acts,so�vency of insu�ers,or payment of losses by insurers,and T�ustor he�aby exp�essly a�sumsa full
<br /> reaponaibility the�efo�e and Ilabitity,�f any,ther�under.ln the event of loss.T�ustor shall give immediate w�itte�notice to
<br /> 8e�eficiary,and Beneficlary ma�.but.is not c�bligated to,make prooi of loas if not made promptiy by T�uator.In case of any
<br /> loss the amountcollected under any policy af insurance on such praperty may.at the optio�of the Beneflciary.be appUed
<br /> by Beneflciary upon any indebted�ess and/or odligatlon secu�ed hereby and in such order and amountas Benaficiary may
<br /> dete�mi�e; or said amount o�any portion thereof iney.at the optlon of ti�e Beneficiary. either be used in replaci�g ot
<br /> �estori�9 the improvements partlaliy or totally dest�oyed to a condition satisfactory to said Beneflciary,or said amount or
<br /> any portion theroof may be released to the T�ustor. In any such event neithe�the Trustee nor the 6eneficiary shall be
<br /> • � obllyated to see to the p�oper appUcatlon thereof;nor shall the amount so releassd or u�ed be deemed a payment on any
<br /> indebtedness secured hereby.Such apptication,use and/or release shall rtot cure or waive any detault or notice of deisult
<br /> hereander or invalidate any act done pursuant to such notice. Any unexpired inau�a�ce and all retu�nable insurance
<br /> p�emium�shall inaure to the benefitof.and pass to,the purchaser of the properfy cove�ed thereby at eny 7ru�tee's sate held
<br /> hereunder,if said properry is satd pursuant ta the power of sale contained he�ein or pursuanito any dec�ee of toreclosure,
<br /> all right,title and interest ot Trustor in and to the proceeds of iire and other insu�ance policies for damage prior to the sale,
<br /> which proceeds 8�e nof received prior to the date of said sale,shall betong to Be�eflciary.Trustor will comply with such
<br /> other requirementsand p�ovide such othertype of insu�ance a9 8eneficiary may requirefromtimetotimefor the protection
<br /> by l�surance oi the interest o1 tho respective parties hereto.
<br /> TAXE5 AND Q'EHER$UMS DUE:To pay,satiafy And discharge,at least to ten�10)days before detinquency atl gene�al
<br /> and speclal taxes end assessments and other public eharges,and in no event later than the dete such amounts become
<br /> due and to funher pay when due or requested:(1 )ell encumbrances,charges and liens,with interesf,on such property,or
<br /> any part thereot,whlch a�e,or aRpear to beneiiciary,in its sole discretion,to be prio�to or superior hereto,(2)all costs,tees
<br /> and expens�s pithis trust,whether or�ot described he�ein,(3)tees or charges for anv statement raaardina the obtiaation
<br /> secured'nereoy in any amaUnt aemandea t�y Beneticiary,not to exceed the maxirr�um amaunt atlawed by law therefore at �
<br /> thatlma when such reque�t i�made,(4)auch other charges as the 6ene?iciary may deem reasonable for services rendered
<br /> by 8eneficiary and turnished at the request of Trustor or any successor in inte�est to Trustor,(5)if such propery i�cludea e �
<br /> leasehold estate,all payments and abtigations required of the Trustor or h�s successor in interest under theterm�of the
<br /> instrument or instruments creating such Ieasehald,(6)all payments and monetary obligations required of tha owner of
<br /> suClt property under any declaration of covenants, cond�tions and restriCtions pertaining to suCh property or arty
<br /> modifcation thereot(7)all mortgage cnsurance or guaranry tees.premwms,or charges of any Rature pertaini�g to such -
<br /> prope�ty.Trustoragrees to notity Bene��ciary immecliately upon rece�pt by Trustor of notice of any increase in the assessed � —
<br /> vetue of such property and agrees that Be�efic�ary,in the name at Trustor,may contest by apprapriate proceedings such
<br /> increase in assessmeni.
<br /> �
<br /> In tEre event of the passage af any taw deductmg irom the value of real property tor the purposes of taxation any tien "
<br /> thereu�a or changing in any Nraythe lawsfor the taxat�on of deeds of trust or debts�ecured by deeds of trust tor state or local
<br /> purposes.or the manner olthecollection of any such taxes,so as to attect this Oeed of Trus�the holder of this Deed af Trust
<br /> and of the obliqabons which it se�ures shall have the right ta d�eclare all sums secured hereby due as o1 a date to be
<br /> speCified by not less than 30 days'written �otice to be giver+to Trustor by Beneficiary; provided,however, lhat such �
<br /> election shall be ineifective it T�ustor �s permitted by law to pay the whol�o?such tax�n add+t�on to all other payments �
<br /> required hereunder and if,p�ior to such specii�ed date,does pay such tax and agrees to pay any s��h tax when hereaiter
<br /> levied or�ssessed aga�nst such property, and such agreement shall constitt,te a mod�f�cat�on of th�s Deed ot Trust.
<br /> FUNDS FOR TaXES AND INSURANCE If 8enetrc�ary shali so request,Trustor agrees that there shall be added to the
<br /> periodical payment�equired to be made hereunder an amount estimated by Trusted to be suN�cient to enable Trustor!o
<br /> pay.at least thi►ry (30) days before del�n�uency,al� general and speaa� taxes, assessments, or other public charges
<br /> against such property,th�P:ornissory i�lote,ar upc�n or on account o9 th�e debt or the I�er�ot lt�ts L�esd o!Tsust.!o$sthsr vvril�
<br /> premiums for insurance reQttired to be provided under this Deed of Trust and all mortgage insurance or guaranry tees.
<br /> premiums or similar Charges and no interest shall be payable to Trustnr �n respect ihereot. Upon demand by Trustee,
<br /> Tsustor shall deliver to Trusteesuch additional sums of money as are necessary to rnake up any defic�ency�n the amounts
<br /> neceSSary to enable Trustee to�ay eny of th�torego�ng �tems
<br /> SUMS AOVANCED TO�EAR IMTEREST:To pay immed�ately upon demand any sums advances or paid by Benef�c�ary
<br /> or Trustee under any clause or pruvi5►on of this Deed of Trust Any such sums,unt�!so repa�d,shail be secured herebyand
<br /> bear interest lrom the date ad�anced or pa�d at the same rat�e as set torlh�n suc h Prorn�ssory Note and shali be secured by ` '���'"
<br /> lhis�eed of 7rust
<br /> ASSIGNMENT OF DEPOSlTS. That as add�tional secunty it thes be a construct�on toan, Trustor hereby trans1er58�d
<br /> ass�gns to Benetfciary clurmg c�ntinuance of thQSe Trusts.aU n{�ht, t�tle and �nterest to�ny and all mor��es depos�ted by
<br /> T�ustor pr deposited on b�3haltof T�ustor w�th any c�ty,county,pubhc body or z�g�ncy.s��nrtary diStrEC!,gas andior electrsc �
<br /> COm�2any,telaphone Com�any and any other bod�r or��ency.fpr the�nstallaUa►,�r to sc:cure tt�e�nstallat�on of any ut�hty by 4�'
<br /> ' Trustor,perta�nmg to th�,property
<br /> ��
<br /> FAiLUFiE dF TRUSTpR TO CGNS6�l.Y Wi'f hi DE ED QF 7RUS1 in the ev�;nt T ru5tor shouid t�ii to rn�ke any p��yR+�;•,t,c�r sc� ti-
<br /> da any aet as prvv�d�.rJ in this U��tf ol T�usl,vr 1��1 to pertornr�iny o6ligation s;f�r,ura�n F,y Ih�g pPNr}r�f T I;J$�.;�f(�:13f?y;�;:t ��'
<br /> T ru5tor�gre�:d not to do.Benehciary,bul w�thout ob��yat�on�o ir�q�;�n��,,;���i�t nUt�i e to U�demand upur+ Tru��tur and �• .�
<br /> withoutreleas�nq7r�,storirom�nyobl�g�pionhCrNUf,�nUwilhuuFCUntE:yt�r��lnf�v,i��cf�ty.�r,�TriVJh�(�tTnr�ytim� rn;t�r�,i�p��y
<br /> make ur do the s��r��e ,n SuGh mi�nn�;! iltid 10 Suf,t� ERfE�nt F,S �t �n.fy dEttnti nt�lf��.�.:iry t�i Ur;,�te�� IhE• �,t( .i��iy ht�rPt�}
<br /> �f;►l�ilClilfy �7F�1'll� ilU�h�l�ljt:'� �O E.'flrf'f U�l(Ih :�liC�t (JIU(Jk'f��J �Uf S:JLh �11�1(��-�:*!':. �!'.l1 (t-• ��
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