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<br /> clRk,CA1�UAl't'�',�/1NU OTNER INSUFtANGE:To keap such property�nsurad t�ga�nst loas ar dam���e by t�rp and other
<br /> �i�k M��whlch, in the sAle opinion o4 Benelicl�ry ahould ba insursd agafnst, undar policie�uf in�urence with Ips�
<br /> payabl�to Bonstici�rry In form,amaunt t�ncD companies e�cepteble to Benel�cie�ry.Said policiea ahnll be deliverad to and
<br /> r�maln in pos�sion ol Eisnl�liCl�rY�s turthsr aecuriN tor Ih�t�ithiul partormance of thase oblipallons.which dNiveryr�hMli
<br /> � cw�sNiuis�n aisip�m�nt by Tru�tor to B�►n�ficlary of e!i ripht�Msrounder,Inctudtn�eil�eturn prMltumi; to deHvK b
<br /> 8N1l�IClary s ppHCy O�pOpClf!fiflOMtiAQ O�MxtAridf��tty�xpieiA�iR6au�t1C�With l!►BC�ip!lhOWif1�pF�iUrtli Q�1d�t
<br /> ls�st thirty S 30►days bebre expiration.If Yru�toi hils!o sc�dNiver�ny rsn�w�l paNGies,8eneficiary msy piocu�e such
<br /> in�unnce as it may e�ct and rrury m�,k���ment af premium�theneQ�whQch payment i�repayaMe ec�demand.NeitMr
<br /> T�uslM nor Bsneliciary�h�ll 6e rssponsibte to►obtainin�or maintainin�such insu�encs.8�►��ci�ry,hom time to tims,
<br /> nnsy fu►nish to a�y Insunnce a�ancy o�comp�ny,or any olher person.eny infvrm�tion contain�d in ar extracted Mom any
<br /> �!!���l�!li�L�i��iY Z�1�r�MiL�!!L�!���!��!�2Q�!l1�L}�C��N n+_�f+a���l���!�l��L+.341K��l1��i��L`!!!!°�lfltT L^Q!!L'.�,!0!�!1y�l.�„!MR�.,Y'�.�rrl
<br /> h�r�by in �o event and whether or not defaul! henunder has xcur�ed eh�all BeneHciary, by th�facl ot �pprovir�,
<br /> scc�plinyaroblaini��suchinsu►�• •e,i�cu�enyliabiiityiortheamounlotauchinsursnce,theMnnorlp�lsufHalN�cyof
<br /> insu�ance oontnc�is,solvsncy c. rers,or paymsnt of losst�by insu�ers,and Trustor hetsby expre�siy aswmq tuil
<br /> rMpon�ibility tl»r�lore�nd I� r any,thereu�de►.In the event of loss,Trusbr shal!�ive im�nsdiah writMn noNc�10
<br /> B��Niciary,and B�neHciary•�• •• .���s not obliyated to,maks p�oof of loss if not mad�prompriy by T�usta.ln c�s�o/any
<br /> bss fhe artwunt collected under a��y pollcy ol insureRCe on such propert�t�y,at the option a1 fhe 8snefici�ry.b�appNed
<br /> by B�nrNciary upon any indebtsdness andlo�obti�ation aecured hereby and in�uch order and amount as 8sn�8ciary may
<br /> d�Nrmin�;of s�id emou�t or any po►tion theraot may,at the option ot the Beneficiary,eithsr be uasQ in replacin9 or
<br /> rostaing the improvements partially or totally dest�oyed to s condition satisfactory to said Beneticiary,or aaid emount or
<br /> any portion thereol may be relaased to Me T�ustor. In any such�vent neither tha Trustee no�the 8e�eficiary shail be
<br /> obN�ated to see to the proper applicAtion thereof;�o�shall ths amount ao relessed or used be desmed a psyment on any
<br /> 1nd�bNdness s�cursd hereby.Such applir.ation,uw snd/or release ehall notcu►e or�raivs any detaultoi�oticsat defaaM
<br /> hKeund�r or invaiidate eny act dane pursuant to such notice. Any unexpired insurance and all retumable insura�ce
<br /> pnmiums shall insure to Me ber►efit of,and pas�to,the purchase�of tha p�operry covered the�eby st any Truatee'a aab hstd
<br /> hersunder.lf said property ia said pu�suanl to the power of sale contained herein or pu�suant to eny dec►ee oi to�ealosure,
<br /> all rl9ht,tltte and interest of Tru�tor in end to the proceeds of Ilre and other insurance policies for damage ptiot to the s�k,
<br /> which proce�0s are not recsived p►lor ta the dete ot said aale,ahall belong to 8eneticiary.Trusto�will comply with such
<br /> other rocprirementaand provids auch oMe�rype ot insu�ance as 8enef iciary may require trom t►me to time to�the prolection
<br /> b�r inwrance Of the infsrsst o/the respective parties hereto.
<br /> TAXES ANO OTHER SUMS DUE:To pay,sati�ty and discharge,at leas!to t�n(10)days belo�e deti�quency all 9eneral
<br /> and special faxes and assessments and othe�public charyes,end in no event late�than the dste such amounb become
<br /> due and to furtt�pay whsn due vr�eque�ted:(1�all encum4ra�ces,cherges and tiens.with interost,on such p�operty.or �
<br /> any partthersof,which are,orappear to beneficiary,in it�sole discret�on,to be Rrior to or supetipr heroto,(2)all cosb,tees
<br /> and expenses oithi�iru�t,whether or not described herein,(3)feea er charQes tor any statement re�a�din�ths oblipation
<br /> l4CU�Od hO�QbY if!aRY af1louM daCn�nded hv Benetician�.nnt Ln eYCged the maximum amount ellowad hv Uw therwforw�t !�.��
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<br /> thetisite whsie sucfi r�Gue=t!s mstls.��t}such oMar cherges as tt�e 8enef+ciary rr,ay tte�etn rsasonebie lor services randersd �
<br /> t�y 8eneticiaty8ndturni�hed�!EAe requss2 C!Trusioro:any successw in inter�tla T�ustar,(5)if such property includssa ;'
<br /> leusehold estats,all payments�nd obtiQation��squlret!ot!�e T�ustor or his sucCessor in i�terest undsr ths terms of the
<br /> inst►ume�t or instruments cro�tinp such leasehold,(6)all p,ayments and monetary obliflations�equired of the ow�of -
<br /> such p�operty un�er any declaratlon ot cavenanb, condit�ons ar.d restrictions pertaimn� to such prope�ly or any
<br /> moditication thereot:�7)a11 nsortgsge insu�ance or guaranry fees,prem�ums.a�charges of eny nature pe�talning to such
<br /> property.T�usto�egre�►►es to not�tK 8enet�c�ary immediately upon�ece�pt by T�ustvr of not+ce ot any increase In the assessed =
<br /> v�lue of such propsrty and aQrees that Bena}iciary,in the name of Yrustor,may contest by appropriate procesdings such
<br /> increase in sssessmet��
<br /> In the event of the passa9e ot any law deduCting from the value oi real property for the pWtposes of taxation any lien
<br /> thereon or changing�n any way the t�ws for the taxat�on of deeda of trust or debts secured by deeda of trust for state or local '
<br /> purposes.o�Me manner ot the cailecttan a�any such tax�s,so as ta attect this Ebe�ed ot Trust,the hotder of this Deed otTrust �,.
<br /> and o1 the obUgatiens whlch it secu�es shall have the r�ght to declar�all sums secured hereby due es of a date to be
<br /> spscified by not less than 30 deys' wntten notice to be g�ven to Trustor by Benefiaary;provided,however, that suCh �
<br /> election shall be ineftective it Trustor is perm�tted by law to pay the whole ot such tax �a addition to all other payments
<br /> required hereunder and if,prior to such spec�f�ed date.does pay such tax and agrees to pay any such tax whe�hereaRer
<br /> levied or assessed against such property,and such agreement shall const�tute a mad�t�cat�dn ot this Deed ot Trust.
<br /> FUNDS FOR TA�SES AND INSURANCE.It Benef�c�ary shall so request.Trusto►agrees that there shall be adde+d to the
<br /> penodicat paymertt requlred to be made hereunder an amount estimated by T�usted tr�be sufficient to enable Tru�tor to
<br /> pay,et least thirty �30)days hetore del+nque�cy. alI general and spec�al taxes,assessmRnts, or other public charges
<br /> sgainst suCh propeRy,the Prorn,ssory Note,or upore or pn atcount of the debE or the li8n of this Deed ot T�ust,togettier wilh
<br /> pramltlAli!OJ iilxurAn6A r�lnr�fQ hE+n{nYlt�£�?3�?�!!!�8 �88Q O!Titt s!3*!t!8!!3llfl�!��8 stt�ur3nr,�a:gu.::anty Isss.
<br /> premiums or aimilar charpes and no inter,est shatl be payabte to Trustor �n respect trereot. Upon demand by Trusiee,
<br /> Trustor shall deliver to Trusteesuch add�t�unal sumsaf money as are n�cessary to make up any def�ciency in theamounts
<br /> necessary ta enable Trustee t4 pay any ot the fore�omg items
<br /> SUMS ADVANCEO TO BEA�i 6NTEREST;7o pay�mmed�ately up�n demand any sums advances or paid by Beneticiary
<br /> or Trustee underany clduse or provision oi th�s Oeedoi Trust.Arey such sums,unt�i so repa�d,shalt be secured hereby and
<br /> bear interest from t1�e cia4eadvanced or pa�d a14he 5ame rat�as set lorth�n such Rrom�ssory Note and shall be secured by '- -
<br /> this Deed ot Trust.
<br /> ASSIGNMENT OF OEPOSIYS.That as add�t�onal s�cunty �f th�s be a construct�on loan.Trustor hereby transters and
<br /> assigns to Benef�Ciary during cor+t�nuance of thesta Ttusts.al1 r�gh�t�tie and mterest to any and alt mon�es depos►ted by
<br /> Trustor or depos�t�d on bBhttNot Trustor w�th any c�ry,county,pubt�c body or agency,san�tary d�str�ct,ga�and ioreiectr�c �
<br /> company,telephonQCOmpany and any other body or agency,tor the mst��Iat�on or to securQthe mstallat�an of any ut�l�ry by �
<br /> ! Trustar,pertaining to t��s property. ��►
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<br /> FAILURE OF TRUS�UR YO GOMPLY WITH D�ED OF TRUST !r�th�event Trust�r ghou�c!ta�t t�m��ke any paymer�t.or to ti
<br /> �o any act as prov�ded m tn�s Deed of Trust,�r tail to p�rtorm any obligaiion Secur�U Dy th�s beed of Trust.or do any act �
<br /> Trusto►agreed not ta do.BQnet�c�anr.but w�thQUt o61��at�on c�t��n an��y,rr,qLt not�ce tp ns��?m3n�L��n*fUStJt=�nd �
<br /> w�thout releas�ng Trustor from any oblsgahon her�o'a�d wdh�ut contesUnq the ra!�d�tyor�3mount o!t�e SarnE�.m�y�a)pay, . �
<br /> n�akt� or do the same m s�ch manner and fo such exte►�l as �t m�y (�Eer7i ng��5sdry to prt,te�t Itie SeCU��P�r h6r�Ot.
<br /> Be�ehc�ary be�.�� authOr�zed b enter upon such property tor suc h {�u+��uyes ,ir�i c h� p��y_ �:;�rch�Se c.on4ist crr
<br /> campronuse any�,�nct�ri,br;�n;.E�.Gharc�E:Ur t�t�n.,ah:Ch�n�ts�u:ie�ement�s u•ti��pe;��<,tr,L r t�r,:�-�r r:.p�r��r ht rE::u ,3 n�: � �
<br /> irti F�x�rC�S�nc�,�ny suct, pp•�r��r. �ay nece�s:�ry t,nStS feE;5.�en:1 tra��rr5zs. t;n��iay t.•� �� �.s� �i� � G��r� _. �,:��tit�� :,r����t,-.,rrit��i�
<br /> f(?E5 Trusthr a�rt;e5 t.� rep�y f�s�y�ir7U��rit S��.�pt,,,de:9 �m uf;�n�:�rd uf EiE:r�f t.c -<'�r,, ,.. �
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