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insurance premiums. ground rents, and all other charges whatsoever levied upon or assessed, placed or made against the Trust
<br />Pratreriy. Truster turther agrees, upon written request,by Beneficiary, to promptly delhier. �a Beneficiary all receipts for the payment of
<br />such charges_ Trystof likewise agrees to pay all taxas. assessments and other charges levied upon or assessed, placed or made
<br />against, or measured by, this Deed of Trust or the rlticordat)on hereof.
<br />5 ApphGatfon of Payments. Alt payments received,by Beneficiary as to any debt, liability or obligation owed to Beneficiary by Truster
<br />may be applied by Beneficiary to the payment of,T6e, Indebtedness or to any such other debt liability or obligation, in any order or
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<br />niannerof application which Beneficiary, rn itf, absolute, discretion, deems apprcpdare. Unless otherwise elected by Beneficiary, any
<br />Note.
<br />et
<br />such payment shalt be deemed applied ftri4t ta.tho payment of any debt, liability or obligation other than the
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<br />G. Charges. Liens Trtlstor will keep the inmt,P, rapor►y� free, from all liens and encumt:rances which in any way may, in the Judgment of
<br />neneticiary, have priority over, or impair, thA.= ecucity', of, this Deed of Trust but Trustor need r. otcofach*ge any such lien so long as
<br />truster shall agree, In writ'ng, to pay tho.obkgation secured by such lien in a manner acceptable M Beneficiary and shall in good faith
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<br />contest such lien by appropriate legat,amcoodings effective to prevent the enfor.ementotti:e lien and the loss of any interest in or
<br />part of the rfust Property.
<br />OQ
<br />T Hazard insurance. Trustor shall keep Jig btftfdings and other improvements now exisfirg or hereafter erected on the Trust Property
<br />Insured by insurance carriers satisfactoty to. Seneficlary against loss by fire, hazards included in the form "extended coverage" and
<br />such other Wards. casualties and core fngonCOes as may be required by E.enefidaryr, in such amounts and for such periods as may be
<br />required by Beneficiary. The policy of insurance shall be in form acceptable: to Beneficiary, provide that the same may not be
<br />cancelled or modified without fifteen (16),day,s prior written notcce try C' 9C ri1iciarf. and shall have loss payable provisions in favor of and
<br />in form acceptable to Beneficiary. Afi premiums on insurance policies',,, l' be paid in &a manner provided under paragraph 4 hereof
<br />or, if not paid in such manner, by Trustor n'18k►`ng payment at leas. Mlee-r f, 15j days prior to the due date, directly to the insurance
<br />earner. Beneficiary shall have the nglit to hold.the policies and renewals t1,ei'mcf and Trustor shall prrlirptly furnish to Beneficiary all
<br />renewal notices and all paid premium,•eceipts received by it. In no event , X611 Beneficiary or Trustee to held responsible for faluum to
<br />pay insurance premiums or for any?OSS or,damage arising out of a defectirr $ngr policy or arising c:,t. Orany failure of any insurances
<br />company to pay for any loss or dtmsgo Insured against or for failure by Trustor to elfed ti-e insurance required hern;inden ?s the event
<br />of foss, Trustor shall give prompt ntlti «e by, marl to the insurance carrier and Seref7ciery.'-Baneficiary. may make p=. xf of Toss ;,.Trtot
<br />made promptly or In proper form by Trustor, All policies of insurance and any and all refunds of unearned premiums are hereby
<br />assigned to Beneficiary as additional security, for the payment of the indetMilness. In the event of Beneficiary's exercise of She power
<br />of sale contained herein, or in the evenlaF to all right, title and intr_ rest of Trustor in and to any insurance policy then In force
<br />shall pass to the purchaser at the trustae :s sate or foreclosure sale. In case of any loss, the insurance proceeds may, at the option of
<br />Beneficiary, be applied by Beneltc!afy upon the Indebtedness, or any pan thereof: and in such order and amount as Beneficiary may
<br />determine. of said insurance proceeds, at the option of Beneficiary, may either be used in replacing or restoring the Trust Property
<br />partially or totally destroyed to a condition satisfactory to Benehciary; or said insurance proceeds, or any portion thereof, may be
<br />released to Trustor. Unless Beneficiary; and Trustor otherwise agree in writing, any such application e. insurance proceeds shall not
<br />extend or postpone the due date of the Note, or any installments called for therein, or change the arnonnt of such instalime►rs . JY the
<br />Trust Property is acquired by Bbnafirlaity pursuant to the exercise of the power cfsale eT other foreclosure, all rg,9t, title anal nI•�Iast of
<br />Trustor in and to arty insurance proceeds payable as a result of damage to the Trust Pitoper4y prior to the sale or acquisition shat pass
<br />to Beneficiary and shall be app5e'd first-to the costs and expenses, including eltrnTa•x rtes, incurred in collecting sti.rri- preeeeds, then
<br />in the manner and in the order provddf d nemin. • .
<br />8, Preservation and Maintenance of Trust Property. Trustor will keep the buii(filigs and other improvements now or ha: eaf ar a'sr•red on
<br />the Trust Property in good repair and C. and will not commit or pear,It waste, will not alter the design or s==_%. at c rraeter
<br />constituting any building now or hereafter eroctod on and constituting the T'•,•st Prcperry without the prior written rs,7sent of
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<br />Beneficiary, will not do any act or thing which would unduly impair or depn aa�R the value of the Trust Property and will not abandon
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<br />the Trust Property. Trustor will not remove any fixtures constituting the Tvsf` Pc,tierry unless the same are immediatefy replaced with
<br />like property subject to the lien and security invest of this Deed of Trust error' cf at least equal value ano utility, Trustor will cco ,, ply with
<br />all present and future ordinances. regplaiions and requirements of any goverrmental body which are appliceble to the Trust Property
<br />T
<br />and to the occupancy and use the rtwf; I? thig Deed of Trust is on a unit in a condominium or a planred snit development, a ru_rar shall
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<br />perform all of Trustor's obligations under the declarations or covenants creating or geucirn ng the condor., ;rx.n, orOmo lenmed unit
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<br />development, the bylaws rind rogv1r;, :Ins of the condominium or planned unit development, and the eonstltuen? do_-:.i^,e,',�.
<br />6666:
<br />9. Inspection. Beneficiary or its agents pray, at alf reasonable Mmes, enter upon the Trust Property ter Me purpose o`s7spealor .
<br />Beneficiary shall havo no duty to make su :h ingpccli n and shall not be liable to Truster or to ary parson ,•n possession it it r ~,v , S or
<br />fails to make any such inspection
<br />10. Protection of Security. It Trustor lathy to perform any of the covenants and agreements contained in tie.s Ceed c %1st, or if any action
<br />or proceeding is commencer! Witch doe, or rrtgy acive seiy affect the Truax Property or the interest cf Truster or Siraeficiary therein or
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<br />the title of Trustor thereto, then Bt►nehetaty, It ill r)pt on, may perform such convenants and agreements, make such appearances,
<br />defend against and investigate such action or proc;ac tng and take such-other action as Beneficiary deems necessary to protect its
<br />Interest including, but not limited to, disbil" rn.r:r of reasonable attornoy fees and entry upon the Trust Property to make repairs. Any
<br />amounts disbursed by Beneficiary purstion! to that paragraph 10, with interest thereon, shall constitute indebtedness of Trustor
<br />secured by this Deed of Misr Unless Trustor and florfefic,ary agree to other terms of payment, such amounts shall be payable upon
<br />notice from Beneficiary to Trustor roqueSfut y p :1y1tign1 thereof, and shall bear interest from the date of disbursement at the default rate,
<br />it any, set forth in the NOW. Or o►hotwiso ,it ille ►tlq ►rest rare permitted by law. Nothing contained in this paragraph shall require
<br />Beneficiary, to incur any exponso nr take airy , tr ions hereunder Trustor irrevocably authorizes and empowers Benefrcrary to enter upon
<br />the Trust Property as Tnrsfdt s ar/etr► mif f fn ►ru-4W s rianie or otherwise to perform any and all covenants and agreemer, is to be
<br />performed by Trustor as heron provalvis Itvit(Ac•rary shall, of its option, be subrogated to any encumbrance, lien: claim or demand
<br />and to all rights and socuri9os for Ow If,tynu :w mcfet -. f third or discharged by Beneficiary under the provisions herectard any such
<br />subrogation rights shrill tit+ add4:n11,111111.1 r,u r ; :rot +ut: ,,Ccwity fop fills peed of trust.
<br />11 Condemnation Thv prmeach of imv award or tuirr, rcr darnages. direct or consequential, in connection with any eondemraficn or
<br />other taking of tho T►ir f 111olinrry nt .trty lint: tronry ;f or for corlvoyiltice tit lieu of or in anticipation of condemnation, are hereby
<br />assigned to and shall fro 1 P11 ht I lellvfff. till V li'llw tr ,,Jill fill) and prosecute, in good faith and with due diligence, its claim for any such
<br />award or paymonl. Mail will r,m:r, rr.e'..tn,n to tin ri,!1ocfcJ and paid to Burieficfary. and, should it fall todo5o. Trustor irrevocably
<br />authorizes and empower, itenant 1: uy ,r1 tart nano (i! T►tr'itor fir otherwise, to file, prosecute. settle or compromise any such claim and
<br />fG coil6cf, ►ocempt ►or nod i0. tit) irr, JWWf;t7d ; it tlie� trust frt.rrrry s abeindaned by Tirrstor, or, alter nottCD by 8erleliciary to Trustor
<br />that the condemnut ollen, 1,1 way (till) nw;u;l or :rinlf;f a I Limn for cJamagcrs. Trustor fails to respond to Beneficiary within fhirry (30) days
<br />a/7ur tiro data such► nor,? a ,'. nnrlfei,r l iel rfif nui 1'. i1Ulhr ;: r It l fir c(moct and apply the proceeds fn the manner indicated herein. The
<br />proceeds of any award or i wou fmii, affnr rfetr'uf tint 111!'vi" futilti co srs rind expernsys, lncruding anorney fees, which may have
<br />been incurred by Hent to.wt y it; rm , 01vt 1-1,11 Ihvn6, ,f rd N e ,isle discretion of ffoneth wiry, bo released to Trustor, applied to
<br />resroratrUi► fit Trust Fh(rpttrry (it n /rlrigif If: I Mo 11,1FtttcIit IIt rho lwlemi dnos . tiniea llenelimary and Trustorothetwiser agree in willing,
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<br />any such npplfcatinr[ ntfura.oed : I,t Inrfl'htad: f",', Q%il) ref tarGuur ur Frnslpuntr th" Clue elate of the Note at the paymentol any
<br />irisfallftioni:, called for fhtyetindo:
<br />1? rrustor Nut f ■rrn-,nrr w tRn tin n f,., i,, f yn l rd „r n :r,.l,hr .11,nit fit tiny ,unitrrtlalron of the indebtedness granted by Beneficiary
<br />trr rmy ,aura; ::e,r ur u1t2tiw.t r,t liftz,&fr 1.12.111 t;ra t,t a :L1G2 It, rutaur.0 Ill any nlaniit► the liability of Trustor and Trustor successors u►
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<br />,morel 11(ytto fit. tilt V .,h,fil 1 "-1 tin r1 =•rn,il•, 11'. , , 11 It I„ 1 f' Of rr'dintl'. nipf"?)Lt '. it if ,.ut f e!ssor (It refuse to extend rune for payrnent or
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