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20210387y <br />b. The performance of each agreement between Trustor and <br />Beneficiary and the covenants of Trustor in this Deed of Trust; <br />c. The payment of any sum or sums with interest thereon which may <br />later arise under the terms of this Deed of Trust or may be <br />advanced to be secured by this Deed of Trust. Future <br />advancements may not exceed a sum equal to three (3) times the <br />original principal amount of the above -recited Loan Agreement. <br />TO PROTECT THE SECURITY OF THIS DEED OF TRUST, TRUSTOR <br />HEREBY COVENANTS AND AGREES AS FOLLOWS: <br />1. Obligations. Trustor shall promptly pay when due the principal of and <br />interest on the indebtedness evidenced by the Loan Agreement, and other charges and <br />fees provided in the Loan Agreement or secured by this Deed of Trust. <br />2. Warranty of Title. <br />2.1 Trustor is lawfully seized and possessed of good and indefeasible <br />title and estate to the property hereby conveyed and has the right to grant and convey <br />the property. <br />2.2 The property is free and clear of all liens and encumbrances, <br />except as noted in Attachment B. <br />3. Maintenance of the Security. <br />3.1 Trustor shall keep the security in good condition and repair, shall <br />not commit or suffer waste, shall not do or allow anything to be done which will increase <br />the risk of fire or other casualty to the premises or diminish the value of the security <br />except reasonable wear and tear, and shall not alter the design or structural character <br />of any building or add any building within the security without the written consent of <br />Beneficiary. <br />3.2 If the security or any part thereof is damaged by fire or other cause <br />including condemnation, Trustor shall give immediate written notice of the event to <br />Beneficiary. Trustor shall use any proceeds of compensation for the damage from <br />insurance, condemnation award, or otherwise to restore or replace the proceeds to <br />Beneficiary at the option of Beneficiary. If part of the security is damaged, Trustor shall <br />restore, repair, or alter the remaining property in a manner satisfactory to Beneficiary. <br />3.3 Beneficiary or its representative is hereby authorized to make or <br />cause to be made reasonable entries upon and inspections of the premises. <br />3.4 Trustor shall promptly comply with all present and future laws, <br />ordinances, rules and regulations of any governmental authority affecting the premises <br />or any part thereof. This shall apply to any construction upon the premises as well as <br />the operation of any business upon the premises. <br />Page 2of11 <br />