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<br />insurance premiums ground rents, and alt ofher ch&-ges whatsoever levied upon or assessed, •placed or made against the Trust
<br />Property. Trusfiorhrreher agrees upon written request by Benefroiary, to promptly deliver to Beneficiary q0 receipts for dw pWWt of
<br />such charges TiWtor likewise agues to pay all taxes, assessments and other charges levied upon or assessed. placed or made
<br />against, or measured by, this Deed of Trust or the recordation hereof.
<br />AppWOM of Payments. AN payments received by Beneficiary as to any debt liability or obligation owed to Beneficlary by Trustor
<br />may be applied by Nenefirclary to the psyrmenr of the Indebtedness or to any such other debt, Ilabi ty or,obfigabion. In any order or
<br />mariner of applcobon which Beneficiary, in its absolute discretion, deems appropriate. Unless otherwise elected by Beneficiary, any
<br />such payment shah be deemed applied first to the payment of any debt, liabilily or obligation other than the Note.
<br />Chwim, ,€inns. Trustor will keep the Tnret Property free from alt liens and encumbrances which in anyway may. in the Judgment of
<br />ft"kiary, have priority over, or impair the secunty of, this Deed of Trust but Trustor need not discharge any such lien so long as
<br />TrusW shah agree: in wrftvigr, to pay the obligation secured by sm-h lien in a manner acceptable to Beneficiary and shah in good fifth
<br />corneal such Herr by &PPFOP6.ft legal proceedings effective to pave i7 tt enforcement of the lien and the loss of any interest in or
<br />Pte Of the Trust
<br />Hazard litum Ce. TrtrsW p the buidings and other improvemiki . mar existing or hereafter enacted on the Trust Propary
<br />inured by insurance carrie►sfictory b BsnalfCiar�► against lose b „hazattis included in the term "extended coverage' and
<br />each oelter hazards, casualties and conongencles as vnay be tequKtii�' � >" *, ly. in such amounts and Ay such periods as maybe
<br />regtrked by Barrel iicivy. The policy of insurance shall be in form as letu :•tb; ficiary, provide that the same may not be
<br />cancelled or nro hod without fifteen (15) days prior written noblWO ba" 81�s a#d shall have Mss payable provisions in favor of and
<br />M Ibnm acceptable to Beneficiary. All premiums on insurance policies shaggy paid the manner provided under paragraph i hereof
<br />or, if not paid In such manner, by Trustormaking payment at least fifteen ITS).Oays prior b the due dab, directly to the insurance
<br />carrier. Beneficiary shah have the rig- V.tis"I d'.ffne policies and renewals & -elit€ Yand Trustor shall promptly famish to Berteficlary all
<br />renewal notices and all paid prerrrirvrh ifti, l . -vi^.eived by it In no eventsaS* aeneffchuy or Trustee behold responsible for failure to
<br />pay insurance premiums or for any L*fgr zfa arising out of a defW fn a!ny policy or arising out of any failure of any insurance
<br />company to pay bi any loss or damage :insii w age,7W or for failure bw ?7: r to effect the insurance required hereunder. In the event
<br />of bas. Trustor shall give prompt no,tke ty mak, c -'.1)e insurance cAri& '$a rfeftciary. Beneficiary may make proof of loss if not
<br />made promptly or in proper form by chi cstor. AY p "es of insurance anc & ;iyand all refunds of uneamed premiums are hereby
<br />assigned to Benef`ciary as addifi+prih'i•"curtly for ilia paymentof the Indebtedness. in the event of Beneficiary's exercise of the power
<br />of safe eonta►ned 1re!efn, or in the (s'r?esnt ant foreclosure, all right, We and interest of Trustor in and to any insurance policy then in force
<br />shah pass to rile purchaser at the thiMM's sale of foracrosure seta. In case 61 any loss, the ins ranee proceeds may, at the option of
<br />Beneficiary, be applied by Bteneficiiioy -upon the indebtedness, or any part •thereof, and in such order and amount as Beneficiary may
<br />detwmine:• or sand insurance procr , of•the option of iBeneficiary. may either be used In replacing or restoring the Trust Property
<br />pwWaAly or foraNy destroyed to a cor?dit, s.satisfactory to Beneficiary; or satcf. -' -sxxv a proceeds, or any porblon thereof, may be
<br />released to Trusts. Unless Beneficiary and Trustor otherwise agree in wVtjg,Wit; sia tr4pplication of insurance proceeds shall not
<br />extend uN postponer rho due date of the Note, or any installments called to, f "iitz+akn .:s: sattgre . the amount of such installments. N the
<br />Trust Property is acgw ed by Beneficiary pursuant to the exercise of the ro -.-Y :dthor foreclosure, all right, title and interest of
<br />Trustor in end to any Insurance proceeds payable as a result of damage m n1s Twsftar7a� prior to the sate or acquisition shah pass
<br />to Beneficiary and shall be appled first to the costs and expenses, in i itictg at#orneyr, ice,: irtcutred In collecting such proceeds, then
<br />on the manner and in the order provided herein.
<br />Preservation and Maintenance of Trust Prope:,*,s..Trustor will keep the WisiVs and afi+rra, inprovetrrents now or hereafter erected on
<br />the Trust Property in good repair and condihot t or d will riot commit or ws"i not after the design or structural character
<br />_
<br />conshfuting any building now or hereafter erec.v- d an and constituting "e ,:•nrsr Property without the prior written consent of
<br />Beneficiary, will not do any act at, thing whiO wtrr,'.tild unduly impair or copes late tie •melee of the Trust Property and will not abandon
<br />the Trust Property Trustor will not remove any flafares constituting the T us•.t ftper r unless the same are immediate!, replaced with
<br />like property sutWt to the Iten and security interest of this geed of Trust end of at leasi equal value and utility. Trustor will comply with
<br />all present and rerun« otd!nancev, regulations and requirements of any governmental body which are applicable to the Trust Property
<br />and to the occupsmy and use thereof N this bead of Trust is on a unit Ina condominium or a planned unit deve;op7ma Trustor shall
<br />peftm Mot Trustor's obligations under the vkfaraborlsl or covenants creating or governing the condominium or ,t-o plamwd unit
<br />development, tin bylaws and regulations of "!fme Gondomrnium or planned unit development. and the constituent documeihts.
<br />Inspection Henefociary k'v its agents may, ad:h1.r.. seasonable times, enter upon the Trusl Pt6perty for the purpose of inspection.
<br />Beneficiary shall have no duty to mako such inspection and shall not be Ira': le to TrursirYir to any pamon in possession if it makes or
<br />farts to make any such inspection
<br />ProfecW of Securtty H Trustor falls to perform any of fNA--- : ;vvenants a'? aaT "t?sr rien vonl retf lira Mis Deed of Trust or it any acbbn
<br />or proceeding Is commenced which does or may advar.wiii affect the 7iryz,r ip openly or Oe Wesi al Trustor or Beneficiary therein or
<br />the title of Trusts► thereoo, than Beneficiary. at its option, :^nay perform agrao.,,rents, make such appearancn
<br />defend against and investigate such action or proceeding red take suer <� +"per Action as Henefclarr ' ►ems necessary to protect its
<br />interest including, but not atmited to. disbursemW of rea:=Yr:-Wie aftorneyr 11OW1 snd entry upon the 1'i; 1S ' Property to make repairs. Any
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<br />amots disbursed by fleneftctwy pursuant to this paragWt! ! 1, with tr1w, : %+tkftreon, shall contFvxl_4 Indebtedness of Trustor
<br />secured by this Deed of Trust Unless Trustor and Heneftez y agme to otner:erms of payme. ^! •: °irmunts shall be payable upon
<br />nonce from Benefic•uuy to Trustor bear f•i•")
<br />requesting payment thereof, and shall nterest siht anl,zly igistiursement at fine default rate,
<br />if any, set forth in the Nute, ur ofrit)1w,se at the highest rate permitted by law. ,paragraph shall require
<br />Benokfary to incur any expense or take any action hereunder Trustor irrevocably au h f .2�5� aarz,. arc powers Beneficiary to enter upon
<br />the Trust Property as Trustor s 890111 itrnl. to Trustor "s namea�olherwise to perform ar; on; and agreements to be
<br />performed by Mawr its hereirt provided Beneficiary shall, artfwr. option: be subrogatep to am rfr?� i'!(tt�snce, lien, claim or demand
<br />and to of) rights and socunkes tut the payment thereof paid at Al.i:f,� g�1,�y Benefic►ary under :-4r;y- ayslons hereof and any such
<br />subrogattat rights shift be additonal end cumulative secuh;q+ t—rflhi ZO.mce} of Trust
<br />Condemnation the pros owls pf an y it wail or Claim for damaly e,,:. >v *c, tx %nsequenfial, in Connection with a.'*,' condemnation or
<br />other taking of the Trust 1W."rty. of any part thereof, or for cor!i*,uh -ce t`. 14*11 of or in anticipabowT. cfi tsndemna.' +on, are hereby
<br />assigrwd to and shall tw paid to fie,ret,ciaryl Trustor will file and lir,aas*Pv! ti tir;ood faith and wtitit� :! � 9iligence, its claim for any such
<br />award or payment and will r. ituso rho ;ants, to tie. collected and pui21,s 84 , *-Nary, -Nary, and. sht,404' •11f!aj ito do so, Tiastor irrevocably
<br />author!res and empowers Henetic iaty. ut the name of Trustol or oft%ywt�a_ to hl6, r+ awa, ma. s'r compromise any such claim and
<br />to colieel, receipt far and ►fft8irr the plircrfeds if the Trust Property a, ahaodoned ty ?'r;,r3 °fir, r', rr"e% t ?ottce by Beneficiary to Trustor
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<br />that rtw condenrr!a. offers to ,►tail" an mWmid or settle a claim for d&msggt,,. Trustor fails within thirty (30) days
<br />after the date such notice is marled. Beneficiary t5 itulhonzed to collbL; ?,'+y apply the proceeds mr,-- t:*< in jicated herein The
<br />proceeds of any award cif claint fna y, Oor dedut tiny all reasonable crasvw and expenses, including 4:Mxrev r`ees, which may have
<br />been incurred by Beneficiary tit the cWlwcticin thereof, at the sole discretzn of Beneficiary, be released to rrusnyr: applied to
<br />restorabcxr of Trust Plopairty, Of RD~ to the paylrwit of the Indebtedness. Unless Beneficiary and Trustor o'!*rwise agree rn writing.
<br />any such appticalt(iri of pitic,eiwis ru Indemey firess sha!1 root extend or postpone the due date of the Note or tfre inayment of any
<br />insr&Amerits celled fbi etwotd+tMr
<br />TrusfCx Nit NuNeasetf E xterostiat of the Nrw for payinfent or nwddreacon of any amortization of the Indebtedness granted by Bonohciary
<br />N gn-y 9ircceisof in infe,@510 Tr nkfif ZIlaG fill? (rrielate tit release, in any mariner. the liability of trustor and rrystor's successors it?
<br />rntllrest !l�trM /K lar,i chyle ""If t'h !c(lutietj ft) t witmetite Inuceethngs against such successor or roluse to ex-vo)td time for payment or
<br />cHherwiso muddy arriollita!:Cil: <,,f thin airrehtydrrH ; : sty retrson of any demand made by Trustor and Trustor s s- .lccossars
<br />In ,1ntvrest
<br />FA'NrrtcW rrtlfNMI&Mt tllx;,ie nigf,t�tSt u rl f tkwtUr!(+ilfy frtJ`f•_.! Wiil /)IgWde fO I�eITehP^ "JILL; within ntne!y , X,-, days of the close of each fiscal
<br />�SAr fir Ti(i9frrE rrxs (Ctlll[+lt(!;1! @(y rt!I�e11Ft'H 5hebt RE ?� .tr►.•en?ent of earMngs et Trtlstt`:.�;: end ��ny ifs "1't�rl'guarantoiS vt the Irrcfvbtodnctss
<br />net 1004 hblyby, I! (tr. y. and MiRlifflodo at)(f drinrer tit Herlefttary such other ;ind in such rria7nner as lieneQ iary
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<br />mrty reraS,JO,,Atsy fsejv011 rr, yr• f.,r,f, r(, t+nFtr
<br />Flne ;.,Ml Gd)mmir „tg lit alrtt),':S,n rt= anif (:thor bn&4 J#P i +,rHriairt9 Ctf rruvor mat kin irn;i t:' %'r(� =; '�te�loiFl. +rtsl►UEr!Ert)t t,r rltk';n »i=ns.
<br />C f (�.th p,'.!) cirri;? r Jfusir al +p +In(f ufi yu7t;fiil(,tt: of the I,:debtedntreP ",} y {•w 'p;F,'yy ,c� rertrpty with. (,r h. -Q rrt
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