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<br />FIRE. CASfiA4y,1�, _AN 'D� OTHER fNSURANCE To keep such property insured against lass or damage by fire andPother
<br />risk or.risks which, in the sole opinion of Beneficiary should be insured against, under poficles of insurance with loss
<br />payableto Beneficiary in form, amount and companies acceptable to Beneficiary. Said policies shall be delivered to and
<br />aemain inpossessionotSenefrciaryasturfhsrsecudtyforthefaftW performance ofthessobligations ,whichdeliveryshatl
<br />.- - --- coatgitui�ansissignn*ntbyIrustor_ toBdneficiary. of. all rights_ thereunder, including all-retumpreruIumsrto- delivertQ
<br />Beneficiary a policy or policies renewing or extending any expiring insurance with a receipt showing premiums pbid at
<br />feast thirty (30) days before expiration. if Trustor falls to so deliver any renewal policies. Beneficiary may procure such
<br />insurance as it may elect and may make payment of premiums thereon, which payment is repaYable ondemand. Neither
<br />Trustee nor Beneficiary shall be responsible for obtaining or maintaining such insurance. Beneficiary, from time to time,
<br />may furnish to any insuranceagencyorcompany9 oranyother person, any information contained in or extracted from any
<br />insurance policy theretofore delivered to Beneficiary pursuant hereto; and any information concoming the loan secured `
<br />hereby. In no event and whether or not default hereunder has occurred shall Beneficiary. by the fact of approving,
<br />- accepfingof obtaining such insurance, incuranyfiabiiityfoetheamountofsuchinsurance ,theformorlegafsufficipncyof
<br />insurance contracts, solvency of insurers, or payment of losses by insurers, and Trustor hereby expressly assumes full
<br />responsibility therefore and liability, if any, thereunder. In the event of loss, Trustor shall give 1mmedlate written noticeto
<br />Beneficlary.and Beneficiary may, but is notobtigatedto, make proof of loss itnot made promptly byTrustor.In case ofany'
<br />loss the amountcollected under any policy of insurance on such property may, atthe option ofthe Beneficiary, be applied
<br />by Beneficiary upon any indebtedness and /orobligation secured herebyand In such orderandainnountas Beneficiary may
<br />determine; or said amount or an
<br />y portion thereof may, at the option of the Beneficiary, either be used -itt replacing or -- - - - -- - - .
<br />restoring the improvements partially or totally destroyed to a condition satisfactory to said Beneficiary. or said amountor
<br />any portion theroof may be released to the Trustor. In any such event neither the Trustee nor the Beneficiary shall be
<br />obligated to sae to the proper application thereof; nor shall the amount so released or used be deemed a paymenton any
<br />indebtedness secured hereby. Such application, useand /or release shall notcureor waive anyde faultornoticeofdefault
<br />hereunder or invalidate any act done pursuant to such notice. Any unexpired insurance and all returnable insurance
<br />f premiumsshalllnsureto the benefitof , and passtd thepurchaserofthepropertycoveredthe'rebyatanyTrustewssaleheld
<br />hereunder. Ifsaid property issold pursuanttothepower of salecontained herein or pursuanttoany decree offoreclosure,
<br />all right, title and interest of Trustor in and tothe proceeds of fire and other insurance policies for damage priortothe sale,
<br />which proceedsare not received prior to the date of said sale, shall belong to Beneficiary. Trustor will comply with such
<br />other requirements and provide such Othertype of insurance as Beneficiary may requlrefrom time to timefor the protection
<br />by insurance of the interest of the respective parties hereto.
<br />TAXES AND OTHER SUMS DUE To pay, satisfy and discharge, at least to ten (10) days before delinquency all general
<br />and special taxes and assessments and other public charges, and in no event later than the date such amounts become
<br />due and to further pay when due or requested: (1) all encumbrances, charges and liens, with interest, on such property. or
<br />any part thereof, which are, orappear to beneficiary, in its sole discretion, to be priorto orsuperior hereto, (2) all costs, fees
<br />and expenses of this trust, whether or not described herein, (3) fees or charges for any statement regarding the obligation
<br />secured hereby in any amount demanded by Beneficiary, not to exceed the maximum amount allowed by law therefore at
<br />the time when such request is made, (4) such othercharges as the Beneficiary may deem reasonablefor services rendered
<br />by Beneficiary and furnished at the request of Trustor or any successor in interestto Trustor, (S) If such property includesa
<br />leasehold estate, all payments and obligations required of the Trustor or his successor in interest under the terms of the
<br />Instrument or instruments creating.such leasehold, (6) all payments and monetary obligations required of the owner of
<br />such property under any declaration of covenants, conditions and restrictions pertaining to such,property or any
<br />modification thereof; (7) all mortgage insurance or guaranty fees, premiums, or charges of any nature pertaining to such
<br />property. Trustoragrees to notify Beneficiary immediately upon receipt by Trustor of notice of any increase in the assessed
<br />value of such property and agrees that Beneficiary, in the name of Trustor, may contest by appropriate proceedings such
<br />increase in assessment.
<br />In the event of the passage of any law deducting from the value of real property for the purposes of taxation any lien
<br />thereon orchanging in any waythe laws for the taxation of deeds of trust or debts secured by deeds of trustfor state or local
<br />purposes: or the manner of the collection of any such taxes, so as to affect this Deed of Trust, the holder of this Deed of Trust
<br />and of the obligations which it secures shall have the right to declare all sums secured hereby due as of a date to be
<br />specified by not less than 30 days' written notice to be given to Trustor by Beneficiary; provided, however, that such
<br />election shall be ineffective it Trustor is permitted by law to pay the whole of such tax in addition to all other payments
<br />required hereunder and if. prior to such specified date, does pay such tax and agrees to pay any such tax when hereafter
<br />levied or assessed against such property, and such agreement shall constitute a modification of this Deed of Trust.
<br />FUNDS FOR TAXES AND INSURANCE: If Beneficiary shall so request, Trustor agrees that there shall be added to the
<br />periodical payment required to be made hereunder an amount estimated by Trusted to be sufficient to enable Trustor to
<br />pay, at least thirty (30) days before delinquency, all general and special taxes, assessments, or other public charges
<br />against such property, the Promissory Note, or upon or on account of the debt or the lien of this Deed of Trust. together with
<br />premiums for insurance required to be provided under this Deed of Trust and all mortgage insurance or guaranty fees,
<br />premiums or similar charges and no interest shall be payable to Trustor in respect thereof. Upon demand by Trustee,
<br />Trustor shall deliver to Trustee such additional sums of money as are necessary to make up -any deficiency in the amounts
<br />necessary to enable Trustee to pay any of the foregoing items.
<br />SUMS ADVANCED TO BEAR INTEREST: To pay immediately upon demand any sums advances or paid by Beneficiary
<br />or Trustee under any cfause or provision of this Deed of Trust, Any such sums, untilso repaid, shall besecured hereby and
<br />bear Interest from the date advanced or paid atthe same rate as set forth in such Promissory Note and shall be secured by
<br />this Deed of Trust.
<br />ASSIGNIMIENT OF _I7E:iiSi_TS-, That as_additiottalsecu-niylf_this be a construction.toan, Trustor hereby trap- Moroartd
<br />assigns to Beneficiary during continuance of these Trusts, all right, title and interest to any and all, monies deposited by
<br />Trustor or deposited on behalf of Trustor with any city, county , public body or agency, sanitary district, gasand /or electric
<br />company, telephone company and any other body or agency, for the installation or to secure the installation of any utility by
<br />Trustor, pertaining to this property.
<br />FAILURE OF TRUSTOR TO COMPLY WITH DEEDOF TRUST: in the event Trustor should fail to make any payment, or to
<br />do any act as provided in this Deed of Trust, or fait to perform any obligation secured by this Deed of trust, or do any act
<br />'Trustor agreed not to do, Beneficiary, but without obligation so to do-and without notice to or demand upon Trustor and
<br />without releasing Trustor from any obligation hereof and without contesting the validity or amount of the same, may (a ) pay,
<br />make or do the same in such manner and to such extent as it may deem necessary to protect the security hereof,
<br />Beneficiary being authorized to enter upon such property for such purposes. and (b) pay. purchase, contest or
<br />compromise any encumbrance. charge or lien, which in its judgement is or appears to be pri or or superior hereto. and ( c)
<br />in exercising any such power, pay necessary costs, fees, and expenses, employ cour+se'i arld pay c.otinsel's reasonable
<br />fees. Trustor agrees to repay arty amount -so expended on demand of Beneficiary
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