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<br /> iato b�t�n�n th� parti�� on Jannasy 8, 1993 Mbich J►gres�asnt is
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<br /> '�'"'R This Deed o! Truet, the �ipte, and any otih�r in�trumant given
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<br />,,:� ; �4�'��r, �:c:��.,,. ;i to evidsnQ� or furthsr s�cure th� payment aAd psrformnna� of any _
<br />....'�;�.� � . > .�•''����` obligation ��aured hereby ase rsferracl to aollnctively a� tihe "Loaa -�.��-
<br /> ���^'�a•�'�►' �' Instxutll�ttl'�'1�fl�O'1'�C'1' T� BiCURI'1'! Ot' '1'AI8 0�6D Olr TNilBT t �`-"'
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<br /> �.�.— ""'-�;�-�---'�•-� 1, pAttMtRNT OB INDBBTBDI�iB88. Tru�tor shall pay when due th�s
<br /> - 1 �'���;:{�=��f prinaipe�l o!, end the int�r��t on, the indebtedneoo evidenaad y `..�
<br /> - -- ,�'. •_ -� : ..::� the Nata, charges, �eer and all ath�r �uws a� prov3ded in th� Loan ;Y.,
<br />� _ :�1'd;;,x�':�:i!��IG,1�'•iFj.;�� ����• ���_
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<br /> '.�. ...° ., �� � '�raptoa ahsZr �y each i�stal?.a�eat of a�T $axe� �,,
<br /> ., , �.•. : .:.� aind eg�sc$w� assess�eatis o� every kfxecDe Aow or herea►#ter levied ,� #,�;�:,,.
<br /> ,:�C.:: ��a�,���r �1�. Trust 8sta�e or aay p+irt t��reof�, befaae r�e3inqnenay, �',:;;.
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<br /> :;�:?;,...� .��c���;�t.. �.; 4 . without ,natfc� or d�mand, and e�eall provide Henexicinry writh ,;.;.
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<br /> ,,,�s ���.-,�;4k�,1' ,x; • ; evidenae of the pe►yment af the aeuna. Truator shal�. pay all tax�e ��:
<br />- �, •�,�`� , and ae�esaments which may be l�nied upon 8enefiaiary's intereet �;�_�:�
<br />"�';:;i`` ' ��^,. . � � herein or upon thi� .Deed of Truet or the de bt �ecure d here by, -
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<br /> ,�:. ��,� without rege�rd to any law that au�y be enacted impa�ing payaaent o� �;�
<br /> __:;,:;��. � p, .tMe whole or any part theredf upoa Beneficiarar. _
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<br />`��;,`��:�;, '� �k{'�s'�h��i'.I'w1,�� ���`t•fi . RBPAI�. Truetor ahall maintain fire and �r
<br /> ��+•-� ;�:{�,� '���`��a �!�:..,; u�: 3. ,�NSURANCB AT+11�
<br />..=.r:�;�;: ,:r ;,�s.� �.s., , � � �...
<br /> >�:�,�_: �'�;�r.;�a��;��:�. -���• ��"' extended coverage ineuranae inauring the houoo aonotituting pnr� of �,_
<br /> ' ����«�;o��:a�:��a�;.:,;."; the Trust Bstate fos an amount no lese thnri the amouat of =----
<br /> '�� . , � $g1,000.00. Suah iasurnnae Qoliay shall e��tain a ataadard �_,
<br /> ''�`� , '��� wortgage alause in favor of Benefiaiary and ehall not be ��
<br /> � ' � �x '�,�r aancellable, termineble, or aodiliable without ten (10) dsy4 prior —
<br /> � �:-
<br /> s'"''� ��� ��°� " written notia� to H�n�fiaiary. Tru�tor �hall pro�ptl� r�pair,
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<br /> �aaintain and r�plaa� th� Tru�t B�tat� or any part th�r�a so th+�t,
<br />-=f, � � , •��4.y�'y.�i, ~�r_y•�' �xaept for ordinary w�ar and tear, the asu�t S��oto ahall not ___
<br />• �.�` '��•-�:� d�teriorat�. In no �v�nt shsll th� Tru�tos aoaait wasti� on or to =�
<br /> - ' � �� :.�. �. the Tru�t Bstst�.
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<br /> ='' ' :�••�� • In addition to aeeualty insurance, Trustor shall provide and �''�
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<br /> }�;� ; � � , �, p a y t h e p r e m i u m s o n a o a prehenaive liability ineuranae coverinq the �^�,`
<br /> ' :' . . ,�:� premise� and protectinq the Heneficfary and Tru�tor from a l l a.=�Y._
<br />-r1�_� �,:�t�s; -;,.�rr.,.,,
<br /> _.. ,�:-;r„� .,.t�. claima, demaads, laweuite and judqments arisinq out of in ury to
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<br /> ����• �°'�'3���:''•'``:°'��: �� � persons or demaqe to property xcurrfnq on the property. The n�-�
<br /> �'''���' ��'��<r�''":��'�'� ,:....�"�`'��: aoverage shnll be in an amcunt of not leaa than $300,000.00 single
<br />-�`{'���,'�%� "��'S`��'���` �; � � limi.t for bodily injury and property dnmage. The liability
<br /> _:.a1;;�;, �,;5:• ,l,1.. ;:; ��..:,y� :�.L;
<br /> '�.�,.:. ',.;_;�t��;,:;•.. �� insurance and caaualty ineurance may be procured in n Qingle policy
<br /> '�"�. '' ' "�`�r"yf':"°' '�'�'':�::°:�'? or ma be obtained in eeperate policies. In any event, such policy - -
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<br /> =;r�;�� �' ;�''�'-°�'=''z ��•�"h-�� or policiea shall name Heneficiary dnd Trustor as fnsureds na their �
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<br />����%f ,��'��:�.;:�;. � .� ,:.�,., interests may appear, and Benefiaiary ehall be provided with a - .
<br /> �����i�'�t ' �'�f�%,i,�••,. Certificate of In�urance or du licate co ehowin the insurance to '���'..
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<br />--���;'��';,� r`�����;;{�� � be in full forae aad e�feat at all ti�aes durfag the term of this +`
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<br /> •?�'f.:� :�.�; fr�;�° •'�r � Deed of Trtxet. .,
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<br /> �,�'� . �� :?;;7� 4. ��TTONS AFFRCTING TRU�T BSTAT�, Trustor ehall appear in :
<br /> ��:�'�.� • action or rc+aeRdin purporting tio af fect the k..,.
<br /> r ,}.; � �T, and conteat any P 9
<br /> - ,�: �_ securitp hereof or the riqhta oz powers of Beneficiary or Trustee,
<br /> and shall a all costa and expenses, including cost of evidenae of �':,
<br /> �.�<<�;���,: ��,;,.;��:,,•. . P Y
<br /> '����� . �. •� ���- title and attorney'e fee�, in dny euch aat3.on or proceedinq in �..,
<br /> ` ��. � ,'�� � .. � . ,� � whiah Beneficinry or Trustee may nppear. Should Trustor fail to ;
<br /> �.�';• �� � � � meke any payment or to do any act ae and in the manner provided in
<br /> � • . ,,: ,�:;'�•; any of the Loan Instruments, Heneficiary and/or Truatee, ench in �
<br /> � .,�. �••��� - their own discretion, without obligation, may make or do the se�me ;
<br />-���,�, .._•1�.�1_���;.--�... in such manner and to ouch extent ds either may deem necessary to ,
<br /> _--�_-�-� -
<br /> '°"� ��--- �- --- protect the security hereof. Trus"tor snaii, 1��WICYl�VQ13r ::p��• �-
<br /> � S ��� . demand therefore by Seneficiary, pay all coeta and expenses
<br /> 1.:i':.,. �a� ,
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<br />::.syky-7•� �.�.;,,�'�.,:� ; ;:.:f incurred by Heaeficiary in aonneation w�.th the exercfae by
<br /> ;� ,'t�; ti y Heneficiary of the foreqoinq riqhts, including, without limitation, ���:�:
<br /> , ���� "�t�;��.� costs of evidence of title, court cogts, appraisals, surveys and ;
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<br /> • ��,ti (, : ; ,,.,, � , attorney's fees. Any such costs and expensee not paid within ten
<br /> �,�,�;,'��,;�Y,r�"��rtai�; (10 y daya of written demaad shall draw interest at the defaul� rate
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