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<br /> ` (�d) The payment a1E s�ny fucure ad�uances'netessary to protect ehe secu�ity or any future.
<br /> --�_:.. -----sduance.�de_�t�the_�pti9n o�, tl�a parties; and,� ' . - ,
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<br /> � �- � (e) ��he perfvriamce of an obligation�pf any other peraon aamed in�this�. Trust Deed to a � - , ,
<br /> benef3�Yary..` � t , ` , ' ; .
<br /> � ?0 P�ta'tECT THE�SEC[1RITY OF THIS DEED OF THUST, TgUST�S HEREBY COIi�►ENAIiTS AIiQ AGREES . � � _ �
<br /> � �, � AS FOLLOfiS: . � � � � � � �
<br /> : � 1. Payaient o� Priaci�al and �n�terest. Truator sb�ll �romptly pay When -due the priacipa�i � � - �- `l<<'
<br /> � � of snd inttr�st on tlte ind�ebtedaess evidenced by the NOT€, ,and all other charges and ites as •
<br /> . provided tn the NOTE, and the, principa� of and interest or► �tny Future Advances secured by �
<br /> this Deed of Trust. . . . .
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<br /> � , , 2. Wasrinty of Title. Trastor ia latWfully seized and posaessed o� good and indefeasi6te � � �
<br /> title snd estate ta�the Property heseby eonyEyed aad bas; th.e. right to grant and cvnvey the . . "
<br /> ` ' ;Property; the� Property is fsee and clear of aIl Iiens an� a�acuaibrances �xcept �liens naw af �
<br /> , � ' •;�ecord; snd Trustor will warrant and defend the titie to the Praperty against alt claims '
<br /> ` �nd dem#nds. ,
<br /> , 3. Maintenance and Compliance with Laws. Trustor shall keeg the Property in govd conditto� `
<br /> and repair and shall not commit waste or permit impairment or deterioration of the Property
<br /> . and shall camply wfth the provisiona of any lease if this decd ef Trust is on a Ieasehold.
<br /> , . � No impro`vement now or hereafter erected upon the Property shall be attered, recaoved or
<br /> � . danalished s+ithout the prior written consent oF Beneficiary.� firustor sball comply with all
<br /> laws, ordin�nces, regu�asions, covenants, .conditions and reatristions affecting the Property .
<br /> and not commit, suffer, ar permi� aay act to be done in or upon the Praperry ia violation.of ,
<br />. ` any law, ordinsnce, reguiation, coven�nt, canditiort ox restsiction. �'rustor shatt comp2ete �
<br /> . or restore promptly and in gaod aarkm�nlike manner any improvement an the ?roperty Which may �
<br /> be damaged or destroyec! and Pay. when dae� all claims for taboc performed and matesiale �
<br /> fusnished therefore aa�d for any alterations thereof. ' �-
<br /> � 4. Insurance. T�ustor� st i�s expense, wilt maintain s�ith insurors approved by -
<br /> • Beneficiary, insu�ance ++ith respect to the Improaement� and peraonal property. constiwting _
<br /> ,the Praperty. against ioss by fire, lightning, tornado, and other perils and hazards . __
<br /> covered by standasd ext�:ndee coverag� en�dorsemenc, in an amount equal to ac least one hunared °—
<br /> percent of the full replace�aent value thereof and insusnnce against guch othee hazarda and in �+�
<br /> ' such amoants es is customarily carried by awners and opera[ors of stmilar properties or as
<br /> Beneficiary may require for !ts pr�tectian. Trustor w411 camply. with such mther requirements
<br /> as $eneficiary may from time to cime request for the protection by insurant� of the interests
<br /> af ehe respective partles. All i�surance policfes maintained pursuant to this peed of Trust
<br /> � � � sh�ll nAme Trustor and 8eneficiary as insuredc. �as theic respective fnterests may appear. and •
<br /> _ provide Cbat there shall be no ca�cellation or modification without no less that 15 days
<br /> , . prior wrLtten notification ta Trustee and Aeneflciary. In the event any poiicy hereunder 1s
<br /> not renewed on oY before IS�days prior ta its expiretion c�ate. Trustee or Beneficiary may �
<br /> procure such insurance in accordance with the provlsions of paragraph 'l hereof. Trustor _ ' :".
<br /> shall delivet to Benefleiery the orlgt�al policies of insurance and reneNals thereaf or memo
<br /> � . copfes of such policies and reneaals thereof, Failure co furnish such insucance by Truscar,
<br /> or reneWals es cequtred hereunder �hall at the option oE acneficiary. conseitute a default.
<br /> � S. ' Taxes, Assessments, �nd CharRes• _ Tsuseor, s�all .pay .all._ taxes, Assessments and other
<br /> eharges, including. althout Ifmitatton� ffnes and impositions otcributable to the I�roperty,
<br /> and leasEholci Naymenta, or graund sents. ff any, before the aome becnmc delinquent. Trustor
<br /> . shall prvmptly furalsh to $eneficiary all notices of amounts .due under this paragraph� and
<br /> � in the. event Trustor shall make payment dtrectly,_ Trustor shol! promptly furnish to Beneficfary
<br /> recetpts, ev�dencinK such payments. 'i'ruscar sholl poy all toxes and assessmc=nts whte h may be
<br /> levied upon Beneffciary'3 interest h�rctn csr upun this I�eed ot Tcust withaut regard to any law
<br /> thr�t may be rnact�d fmposing paymer►t of .thc o+hole or any part tl�rreof upon thc Benef ictary.
<br /> 6. Additional Licns r,nd Yrocettian of Beac�ficiary•s Securi�. 'Crustor shal! m�ke all ` -` -"""`°
<br /> gaymenES, of interest and principal and payments of. riny other charkre, fecs and expe�ses con-
<br /> • tracted to be paid to any �xiscc�� tienl�ald��s or prit�r bcneffciartes undcr uny pKt�r deed
<br /> of trust ar mortgage beEor� the date [hey ar� dclinquent and promptly pay and cltschurgc� any
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<br /> " - � ond aII arher Iicns, claims ar charg�s 'wi�iti� muy ,t�e jeopurdize tfie security gr�nf.ed fierc�in. ' '� `
<br /> If Trustor fails to make any suth payment or f81I5 to perform any af nc� cavenoncs and �$
<br />, � � agreements contatned in this �eed of '�rust, or ih �tny prfvr mort�agc or decci nf crust. ar �E
<br /> any �ctia►� or proteeding fs comanee�eet! which r�aterialty af f�Gts fi�nef iciary's interest [n ttie
<br /> property.4nc�uding, tsut ttoi l�mited to, emfnent �ciomain proe.rcdf��s, ar procecdin�� irivotvtn� v
<br /> a decedent, �r ff �'rustor faiis tv pay �'rustve's d�bts �;enerally as thc�y become clur. tt,e•n rp
<br /> Benefici��ry, a[ Benefecfaey'�,op[ic�n and utchout notice cu c;r dcmand upa�� "frusrcrr and �
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