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201906870 4. Insurance. Trustor shall keep the Property insured against damage by fire hazards included with the term "extended coverage" and such other hazards as Lender may require, with companies and in amounts acceptable to Lender, naming Lender as an additional named insured with loss payable to the Lender. In case of loss under such policies, Lender is authorized to adjust, collect, and compromise all claims thereunder and shall have the option of applying all or part of the insurance proceeds (i) to any indebtedness secured hereby and in such order as Lender may determine, (ii) to the Trustor to be used for the repair or restoration of the Property, or (iii) for any other purpose or object satisfactory to Lender without affecting the lien of this Deed of Trust for the full amount secured hereby before such payment ever took place. Any application of proceeds to indebtedness shall not extend or postpone the due date of any payments under the Note, or cure any default thereunder or hereunder. 5. Escrow. If required by Lender, Trustor shall pay to Lender, in such manner as Lender may designate, sufficient sums to enable Lender to pay all taxes, assessments, and other charges against the Property as they become due. Further, upon written demand by Lender, Trustor shall pay to Lender, in such manner as Lender may designate, sufficient sums to enable Lender to pay as they become due, one or more of the following: (i) the premiums ori the property insurance required hereunder, and (ii) the premiums on any mortgage insurance required by Lender. 6. Maintenance, Repairs, and Compliance with Laws. Trustor shall keep the Property in good condition and repair; shall promptly repair or replace any improvement that may be damaged or destroyed; shall not commit or permit any waste or deterioration of the Property; shall not remove, demolish, or substantially alter any of the improvements on the Property; shall not commit, suffer, or permit any act to be done in or upon the Property in violation of any law, ordinance, or regulation; and shall promptly discharge at Trustor's cost and expense all liens, encumbrances, and charges levied, imposed, or assessed against the Property or any part thereof. 7. Eminent Domain. Lender is hereby assigned all compensation, awards, damages, and other payments or relief (herein "Proceeds") in connection with condemnation or other taking of all or any part of the Property, or for conveyance in lieu of condemnation. Lender shall be entitled, at its option, to commence, appear in, and prosecute in its own name any action or proceeding, and shall also be entitled to make any compromise or settlement, in connection with such taking or damage. In the event that any portion of the Property is so taken or damaged, Lender shall have the option, in its sole and absolute discretion, to apply all such Proceeds, after deducting therefrom all costs and expenses incurred by Lender in connection with such taking or damage, upon any indebtedness secured hereby and in such order as Lender may determine, or to apply all such Proceeds, after such deductions, to the restoration of the Property upon such conditions as Lender may determine. Any application of Proceeds to indebtedness shall not extend or postpone the due date of any payments under the Note or cure any default thereunder or hereunder. Any unapplied funds shall be paid to Trustor. 8. Performance by Lender. Upon the occurrence of an Event of Default hereunder, or if any act is taken or legal proceeding commenced that materially affects Lender's interest in the Property, Lender may in its own discretion, but without obligation to do so and without notice to or demand upon Trustor and without releasing Trustor from any obligation, do any act that Trustor has agreed but failed to do and may also do any other act Lender deems necessary to protect the security hereof. Trustor shall, immediately upon demand therefor by Lender, pay to Lender all costs and expenses incurred and sums expended by Lender in connection with the exercise by Lender of the foregoing rights, together with interest thereon at the default rate provided in the Note, which shall be added to the indebtedness secured hereby. Lender shall not incur any liability because of anything it may do or omit to do hereunder. 9. Hazardous Materials. Trustor shall keep the Property in compliance with all applicable laws, ordinances and regulations relating to industrial hygiene or environmental protection (collectively referred to herein as `Environmental Laws"). Trustor shall keep the Property free from all substances deemed to be hazardous or toxic under any Environmental Laws (collectively referred to herein as "Hazardous Materials"). Trustor hereby warrants and represents to Lender that there are no Hazardous Materials on or under the Property. Trustor hereby agrees to indemnify and hold harmless Lender and its directors, officers, employees, and agents, and any successors to Lender's interest, from and against any and all claims, damages, losses, and liabilities arising in connection with the presence, use, disposal, or transport of any Hazardous Materials on, under, from, or about the Property. THE FOREGOING WARRANTIES AND REPRESENTATIONS, AND TRUSTOR'S OBLIGATIONS PURSUANT TO THE FOREGOING INDEMNITY, SHALL SURVIVE RECONVEYANCE OF THIS DEED OF TRUST. 10. Assignment of Rents. Trustor hereby assigns to Lender the rents, issues, and profits of the Property, provided that Trustor shall, until the occurrence of an Event of Default hereunder, have the right to collect and retain such rents, issues, and profits as they become due and payable. Upon the occurrence of an Event of Default, Lender may, either in person or by agent, with or without bringing any action or proceeding, or by a receiver appointed by a court and without regard to the adequacy of its security, enter upon and take possession of the Property, or any part thereof, Page 2 of 6