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<br />FIRE. CASUALTY, Arid OTHER INSURANCE: To keep such property insured against loss or damage by fire and other
<br />risk or risks which, in the sole opinion of Beneficiary should be insured against under policies of insurance with loss.
<br />payable to Beneficiary in form, amount and companies acceptable to Beneficiary. Said policies shall be delivered to and
<br />remain in possession of Beneficiary as further securityfor the faithful performance of these obligations, which detiveryshall
<br />constitute an assignment by Trustor to Beneficiary of all rights thereunder, including all return premiums: to deliver to
<br />Beneficiary a policy or policies renewing or extending any expiring insurance with a receipt showing premiums paid at
<br />least thirty (30) days before expiration. If Trustor fails 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 on demand. Neither
<br />Trustee nor Beneficiary shall be responsible for obtaining or maintaining such insurance. Beneficiary, from time to time.
<br />may furnish to any insurance agency or company, or any other person, any information contained in or extracted from any
<br />insurance policy theretofore delivered to Beneficiary pursuant hereto, and any information concerning the loan secured
<br />hereby. In no event and whether or not default hereunder has occurred shall Beneficiary, by the fact of approving,
<br />accepting or obtaining such insurance, incur any liability for the amount of such insurance, theform or legal sufficiency of
<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 toss. Trustor shall give immediate written notice to
<br />Beneficiary, and Beneficiary may, but Is not obligated to. make proof of loss if not made promptly by Trustor. In case cf any
<br />lossthe amountcollected under any policy of insurance on such property may. at the option of the Beneficiary, beapplied
<br />by Beneficiary upon any indebtedness and /or obligation secured hereby and in such orderandamountas Beneficiary may
<br />determine; or said amount or any portion thereof may. at the option of the Beneficiary, either be used in replacing er
<br />restoring the improvements partially or totaliy destroyed to a condition satisfactory to said Beneficiary, or said amount -or,
<br />any portion thereof may be released to the Trustor. In any such event neither the Trustee nor the Beneficiary shall-be
<br />obligated to see to the proper application thereat, nor shall the amount so released or used be deemed a payment on any
<br />indebtedness secured hereby. Such application. useand /ormlease shall not cure or waiveany default Cr noilmof default
<br />hereunder or invalidate any act done pursuant to such n: kb—. Any unexpired insurance and all. returriablo insurance
<br />pTemiums shall insure to the benefit of, and pass to, the purch#.sar of the property covered thereby at any.T'i lade'ssate held
<br />hereunder. if said property is sold pursuantto the. power of sp]e containerd.herein or pursuant to any ttecree of foreclosure,
<br />et`fq night, title and interest of Trustor in and to the proceeds of fire and after insurance policies tar damage pdarto the sate,
<br />which proceeds are not received prior to the date of said sale, shait tieliuig to Eeneficiary. Trustor will comply with such
<br />other requirements and provide such othertype cf insurance as Benef,cituy may mquire from time totimeforthe protection
<br />by insurance of the interest otthe respective paviias hereto.
<br />TAXES AND OTHER SUMS DUE: To pay, s4ally and discharge, at least to ten (100 ,Jays before delinquency all general
<br />and speciaC blares and assessments and other public chargmt and in no event laterithan,the date such amounts become
<br />due and to further pay when due or requested: (j) all eneumbmrices, charges and iienti, with interest on such property, or
<br />a j part thereof, which are, orappearto benefcfaivyi in its sole discretion, to be print to orsuperior hereto, (2) all costs, fees
<br />amdexpenses of this trust, whether or not described herein, (3) fees orc iargesforany statement regarding the obligatiori-
<br />secured hereby in any amount demanded by Beneficiary, not to exceed fire maximum amount allowed by law therefore-at,
<br />thetime when such request is made, (a) such other charges as the Beneficiary maydeem reasonablefor services rendered
<br />by Beneficiary andfurnished atthe requestof Trustor or any successor in interestto Trustor, (5) itsuch property includes a
<br />leasehold estate, all payments and obligations required of the Trustor cst 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 h sArictions pertaining to such property or any
<br />modification. thereof; (7) all mortgage insurance or guaranty fees. prom .ims, or charges of any nature pertaining to such
<br />property. Trwg:or agrees to notify Beneficiary immediately upon receipt by Trustor of notice of any increase in the assessed
<br />�;afue of such property and agrees 117, Beneficiary. in the na:r -c-� cf. Tru,'V -ar, may contest by appropriate proceedings such
<br />im:rease in assessmert
<br />In the event of the passage cf r x C, ^z iv deducting from the value & r-_ai property for the purposes of taxation any;!�,an
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<br />thereon or changing in any wayttela �s forthetaxation of deeds of trust or debts sedAired by deedsoftrustfoXstate or Z`=S'l
<br />purposes. orthe mannerolthe collection of any such taxes, so asto affectihis Deed'r}f Trust the holderof this Deed of'rnx s!
<br />and of the obligations 40;;,ch it secures shall have the right to declar:t ail sums secured hereby due as of a date to its .
<br />Vecified by not less 30 days' written notice to be given to Trra�*(::r by Beneficiary; provided, however. that
<br />eiiection shall be ineffective if Trustor is permitted by law to pay tip vet ~ate of such tax in addition to all rvlf:,er payments
<br />iequired hwe -ender and if, prior to such specified date, does pa p Lt-x and agrees to pay any such tar wile'n hereafter
<br />Avied or assessed a: -:,1j st such property, and such agreement sha :.i c.c+rstitute a modification of this Deed ct Trust.
<br />F UNDS FO A'TAXES AND INSURANCE: If Beneficiary shall so request. Trustor agrees that th ere.shall be added to
<br />periodical payment required to be made hereunder an amount estimated by Trusted to be suffocivitto enable Truster .0
<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 wrxh
<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 makeup any deficiency In t'he amour'L:s
<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 clause or provision of this Deed of Trust. Any such sums, until so repaid. shXml be secured herebyand
<br />bear interest from the date advanced or paid at the same rate as set forth in such Promissory Note and shall be secured by
<br />this Deed of Trust.
<br />ASSIGNMENT OF DEPOSITS: That as additional security if this be a construction loan, Trustor hereby transfers and
<br />assigns to Beneficiary during continuance of these Trusts, all right. title and interest to any and all monies deposited by
<br />Trustor ordeposifedunbehaliofTrustor withairycity, county ,public body or agency. sariita ydistrict.gasandr"erelectric
<br />company, telephone company and any other bodyor agency,for the installation or to secure the installation of any utility by
<br />Trustor. pertaining to this property.
<br />FAILURE OF TRUSTORTO COMPLY WITH DEED OF 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 fail to perform any obligation secured by this Deed of Trus►, 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 (if do the same to such manner and to such extent as it may doom necessary to protect the security hereof,
<br />Beneficiary tming authorized to enter upon such property for such purposes. and 1b) pay, purchase. contort or
<br />corripfomirei any encumbrance, chalqu of hoo. which in itsludgement is pr appeals to be pr�dr err stiporior horotu. anti f c i
<br />in or.Crt iSintt any such txiwer, pay fiace;isaiy c.vStS. feeu, and extwns6s. empicr;► tf"Isunable7
<br />ums Trustor agrees to repay any ninuunt sty expetided tin, detnarid of Rt'mAt.itt:y
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