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200009414 3. Borrowers shall pay all general real estate taxes and special assessments against the Property before the same become delinquent as provided in the Note. 4. Borrowers shall keep the improvements on said Property insured against loss by fire and hazards included with the term "extended coverage" for their insurable value and policies for the same shall include a standard mortgage clause showing Lender herein. In event of loss, Lender may make proof of loss if not promptly made by Borrowers. Insurance proceeds shall be applied to restoration or repair of the Property damages, unless both parties otherwise agree, except if restoration or repair is not economically feasible or Lender's security is not lessened, otherwise said proceeds shall be paid on the debt herein, whether or not then due. Unless Lender and Borrowers otherwise agree in writing, any payments or proceeds from insurance shall not extend or postpone the due date of the monthly payments provided in said instrument of indebtedness, or change the amount of the payments. 5. Borrowers shall keep the described Property in good condition and repair; shall promptly repair, or replace, any improvement which may be damaged or destroyed; shall not commit or permit any waste or deterioration of the real estate hereinabove described, 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 Borrower's cost and expense all liens, encumbrances and charges levied, imposed or assessed against the described real estate or any part thereof. 6. Borrowers 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 "). Borrowers 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 "). Borrowers hereby warrant and represent to Lender that there are no Hazardous Materials on or under the Property. Borrowers hereby agree to indemnify and hold harmless Lender, 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 REPRESENTATION, AND BORROWER'S OBLIGATIONS PURSUANT TO THE FOREGOING INDEMNITY, SHALL SURVIVE RECONVEYANCE OF THIS DEED OF TRUST. 7. Borrowers shall not sell, transfer, assign, convey or further encumber all or any part of or any interest in the Property hereinabove described, either voluntarily or involuntarily, without the express prior written consent of Lender or as otherwise herein permitted, and in the event of any such sale, transfer, assignment, conveyance or transfer in violation of this provision, Lender shall have the option to declare all sums secured hereby immediately due and payable. 8. If Borrowers fail to perform the covenants and agreements herein contained, Lender may do and pay for whatever is necessary to protect the value of the property and Lender's rights in the Property, including the paying of any sum secured by a lien which has priority over this Deed of Trust, appearing in Court, paying reasonable attorney fees and entering the Property to make repairs. Any amount disbursed by Lender under this paragraph shall become an addition debt of Borrowers secured by this Deed of Trust, to bear interest from the date of disbursement and said amount, together with the then unpaid principal amount, shall bear interest at the highest lawful rate until refunded by Borrowers. 9. The proceeds of a condemnation award are hereby assigned and shall be paid to Lender and shall be applied to the sums secured by this Deed of Trust, whether or not then due, with any excess to be paid to Borrowers. Page 2 of 4