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<br />TO PROTECT THE SECURITY OF THIS TRUST DEED, T RUSTOR HEREBY COVENANTS AND AGREES AS FOLLOWS
<br />I PAYMENT OF PRINCIPAL AND INTEREST. Ttuator Shall promptly pay when duo the principal of and interest on the indebtedness
<br />ovidanced by tho Note. and all other charges and lees all ptavided in the Note. and the principal of and rnteresl on any future Advances sscurrad
<br />by this Trust Daed,
<br />X. WARRANTYOPTITLE. Trustor is lawfully seised and possessed of good and rndelesslbio title and estate to the Property hereby conveyed
<br />and has the right to grant and convey the Properly, the Properly it. tree and clear of all liens and encumbrances except liens now of record; and
<br />Trustor will warrant and defend the title to the Property against all claims and demands.
<br />3. MAMI NANCE AND COMPLIANCE WIT" LAWS. Trustor shall keep the property in good repair and condition and shall not commit waste
<br />or permNtimpairment or deterioration of the Properly and shall comply with the provisions of any lease if this Trust Dead is on a lessellold. No
<br />Impieveloonittgw, or hereafter erected upon the Property shall be allered, removed or demolished without the prior written consent of Beneficiary
<br />Trustor alta Rcompty with allfaws, ordinances, regulations, covenants, conditions and restrictions affecting the Property and not commit, suffer or
<br />permit ants act to be done in or upon the Properly in violation of any law, ordinance, regulation, covenant, condition or reslriction Truslor shell
<br />compleMeor restore promptly and in good workmanlike manner any improvement on the Properly which maybe damaged or destroyed and pay,
<br />when f111e. atiClalms for labor performed and materials furnished therefor and for any alterations (hereof
<br />4. INSUiRANCE. Trustor, at rte expanse. will maintain with iresurorz approved by Beneficiary, insurance with respect (oche improvements and
<br />personal property. constituting the Properly, against loss by tire. lightning. Tornado and other parole and hazards covered by standard extended
<br />coverage indorsement. in an amount equal to at Nast ooe hundred percent 000% q.f the lull replacement value thereof and tnsiirance e-1• ;atnst
<br />such other hazards and In such amounts as is customarily carriedby owners and olw: alors of similar propertttesor as8enallciary may rinqurre 1c,
<br />its protection. Truslor will comply with such other requiremenla as Elonoliclary may from time to time request fou the protection by [nsuranivg ti' °thee
<br />interests of the respective parties All insurance puhciesmaintatnedlp'., tsuanllothis Trust Doodstull name Trustor and ®erWf-claryasinsveo lis
<br />their respective internals may appear. and provide that thereto inoA .• ar:;•sllahon or modification withoul at least IS days phtitr w rilten nottfarat:W n1D
<br />Trustee and Beneficiary may procure such insurance in accordanrp with the provisions of paragraph hereof Trustee 0all deliver to
<br />the original policies of insurance andrenewalsthoreolttwe, embcopiesofsuchpoliciesandrenewalsthereof Failureto furnish such msuirXrc :e0y
<br />Trustor. or renewals as required hereunder shall. at that"7 141 of Beneficiary. constitute a default
<br />S TAXES, ASSESSMENTS AND CHARGES. TiuslA' AMAri pay all taffies. assessments and o..her charges, including, without limitation, fines
<br />and impose ions attributable to the Property and lessahnid payments or ground rents if any. before the some become delinquent Trustor shall
<br />promptly furnish to beneficiary ail notices of amounts dt.eender this paregrmph and in the event Truslot shall make payment directly. Tiistutshall
<br />promptly furnish to Beneficiary receipts evidencing such payments Trustor shalt pay all taxes and assessments which may be le titrtd Spun
<br />Beneficiary s interest hurwo or upon this Trust Dead without regard to any law that tray be enacted imposing payment of the whole or a -nit marl
<br />thereof upon the Beneficiary
<br />6 AODITIOAfAL LIENS AND PROTECTION OF oENHPICIAINV "D SECURITY. Trustor areali mike all payments of inte'rvst and principal and
<br />payments of any other charges. less and expenses contracted to to paid to any existing or subsequent tisnholder or beneficiary• under any
<br />existing of subsequent mortgsgo or trust dead before the dale they are delingent or in default. and promptly pay and discharge any and all other
<br />liens, claims or charges which may jeopardize the security granted he rein If Trustor fails to make any such payment or fails to perform any of the
<br />covenantsraindegraamentscontainedinthisTrustDeed ,oftheNotereferredtoherein n tin any prior or subsequent hustdead orrlanyaclionor
<br />proceeding it, commenced which materially affects Beneficiary tat interest in the Properly. including but not limited lo. eminent domain proceed.
<br />Ingo, proceenings involving a decadent. notice of sale by Trustee. notice of default by Trustee. mortgage foreclosure action. or if Trustee fails to
<br />Day TruSlOr'e debts generally se they become due. then Beneficiary, at Beneficiary s option and without notice 10 or demand upon Truslor and
<br />without releasing Trustortrom anyobtigalion hereunder. may make such appearancaiy. disburse such sums andlaliesuch action as isneeossary
<br />to protect 6feneficlety's interest, including. but not limited to disbursement of reasonable attorney a fees payment. purchase. Contest or
<br />comply isic at any encumbrance, charge or lien, enjoy upon the Property to make repairs. or declaration of default under this Trust Dead In the
<br />event that Trustur shall fail to procure insurance or to pay tares assessments or any other charges of to make any payments to any existing or
<br />subsequent penholders or existing or subsequent beneficesves Beneftcraty may procure such insurance and make such payment. but shall not
<br />be obligated to do so Any amounts disbursed by Beneficiary pursuant to this Paragraph 6 shall become additional indebtedness or Trustor
<br />suuoed by this Trust Deed Such amounts shall be pay Dole moon notice from Benefic rats to Trustor requesting payment thereuf and shall bear
<br />mfereal from the date, of disbursement at the rate payob:li from time to time on outstanding principal under the Note unless payment of interest at
<br />such rate would be contrary to applicable law• in which event %1AC1h 7mounla shall bear interest at the highest rate permissible under applicable
<br />law Nothing conlained in this Paragraph 6 shall require Ba,vatie.avi, to incur any vapenae or take any action hereunder
<br />7. ASSIGNMENT Oii 11411ITS. BeMri: nary shall have the right power anti Authority during the continuance of this Trust Deed In W00 tho
<br />rents, Issues and prolds;pl 1!10 Properly And of any personal property located theteon wilh or without taking possession of the atUL,P'hl 4emi-: ltd
<br />hereby, and Trustor hereby aboolulallq,1 14unconditionallyasslghaadsuchrenls .issuerandProfitstoBeneficiary BeneficiarV.howe.or rvooty
<br />consents to the Trustor a collection arrd ••eirenfionof such tents issuas and profits as they acc#ue and become payable so•• v1,4.1Truslorisnol.a•
<br />suchtims, indefaultwithrespetttpplyl ,ti*Orlolanyindebtedne;ss, erg, radhereby. urrnlheperformanceofanyagreemPnrtn :pr@#under Uponany
<br />such default. Beneficiary May at areyhd"nic' o,9ner in pot 3*h .bK W,;tn ; ;; uy a ref ewer to be appointed by a court without notce And without regard
<br />to the adequacy of anysec,u,,.Iv 11hir- nrAOAledni6blflwvivitliv ri;,-K, alontorupa4mandto* Qp; is/ essionofItieProperlytitAnypa •thereofandin
<br />M: Y own Flame sue for ofCOWI- wis er0 iovcl ,11,ygTi ?rnf% -lit ,.tiK+rMD',I C}roils.inciu4 n( itnUSrvllyddPand unpad . and apply Otte some iesscosisAnd
<br />[rapenses of operation and colloctei M irtikdrng 1011MOnatrte gvel- "'All, a fees .Do" .air ,fittfiLl','tlnPBe !tucowd I�er/,irry 'a• d in such order as
<br />Bilifter rcraytf n + ay determine. lb) perraitnr lw.;n acts off @poor of p +rA,ritil, 1V as may"necea %,v,' r :: i >Plr rn t.MiM'aernir vs:: +of Iho Properly Ic;
<br />l osNrMilerwMofanypartthereoftrrsi[ r.• it. enlal, letm. andupo r,i- 1"e[)ntin•Niasdrovd4l"..4" naydicrlM ee:itM ,*I*;•ad :usitheloormsona
<br />conditions of exrstrng leases. Unless Truslot and Beneficiary thereat a{jtAe ictiksr to id in we-•• ng any app •r NI',9r+ C.! •enle issues of polities to any
<br />Indebtedness secured hereby shall not extend or poslptone the due datt o? Ph* av itallment payments A3 v,. +iced in said prom,s'qury nnir iii
<br />chanetheamunlof such tnstallmento The anter onounun and laktnooussessi0nofthePruoerty . the collection of such renls issues and orulds
<br />find the application thereof as aforesaid, shall not waive or cure any delsull tar notice u1 dr!laull hereunder tar mvdl - dale env act donee our.uant fu
<br />suchnoloce Trustot also assigns, toBeneliceery aafurther security 101 In* pe Montti anreofliteotiityalionsse (wedhereby ail prdspaidretim anti at,
<br />monies which may hows, been or may hereafter be deposited w-th said It uslur by any sessoe of the Property Io�eturllhepdymenlwtAnyrrr,it„
<br />damages, or upon default in the performance of any of the provisions hereof Trustur agrees it) deliver Guth fvnls and depuq•ti, t, Benrht 'At y
<br />wleveryatwrittennoticeofeenelicrafyaeretciseoftherightsgrantedheroin to any torten; occupyrng sold promises shall tie 6ulfC'eintit,rr•auod-
<br />said Nnant to pay trim to the Beneficiary until 1urtMr notice
<br />8. CONDEMNATION. If title Ili any pall of the Properly shall bP Iakure in condemnation piucvroIngy be, t-ghl of ornment domain ,,t
<br />action, or shall be sold under threat of condemnation. All awards. damages and proceeds are holteby ass,Nnrd And gnalff be pwd tit 14*lwt, ..i, r
<br />who shall apply such awards, damages and proceeds to the sum secured by this Tru at Dead Ilifin the excobs .1 any paid to Trustor It
<br />receives any notice of other Information regaidmg such actions ofProceedings Truftor shall go eprumplwr •ttln nut-cot thoroM it, Hrnrfit,At,
<br />Beneficiary shall be entitled. at its option. to commence. appear in and plosecule in its own name- any %ut h Jt twit tar piruiPtl,Unll� end ♦ri.tii t'r•
<br />enplled lo make any comptornm or settlement in connection with any such action ur prore"mq%
<br />9 FUTURE ADVANCES. Upon request ut Trustur- Uetnef.c it? Val Bandit ,ary y upl'un pr•,ir h• rot ur•. OVA i,%t. r.,r rho r'r.,rrr• tat ,.. t ,,,,t. • •
<br />make future advances toTruslut Sue h future adv wit es • ^. }•tl•,.
<br />notes staling that said nbles are set used h0forby Inra dad Thal At r n hnilt ghAll the 1 N(utptr print ,pA Arirl t „lull' t,hdr' .•♦ ' „ i ,� ..
<br />sdyanted to ptotecl lho secursfy eaaeed Iwo hundred portent 1 200',1 of the brryinilf prim pal .4'rc1 "rill, tni ,r••d r'i•rrh,
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