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<br /> � � _ . ,:. .l;�,i�tawic��of:tl� securi�, - � = � � -
<br /> -_ � �.1:�:��:::.;..:�:�: .���stor: sha11 keep the�security� in good c4nditio�t'-aad repair; .s�ati .
<br /> r - - `=r�c�-caa�tt._�=._�s�€��=��s�=�hall-na��a.-��atlort__an�r�hfng_to .6e �o�e Nhith_itf11 _,�, _ __ .
<br /> ���:-. - . � increase th�. risk,of fi�re or. other casua�ty to the pre+�lses or afailMsh the vatue of �
<br /> �' �Lbe s�curi.t� except reasonable. Kear and .tea�; and, shal t not-alter the desl gn or . � -� - _
<br /> r��`� ` �truttu��1 ch�racter of any building or add any bu�ildiag;Mithln �the securlty Mitiwut' ��''v' �� � -�-
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<br /> - -._ _-.-°.---<-;{{�=iii��'�tEti�S�fl�a=iif= `�._-�Eii��i�'��tTr`ji:- _.=--— --_ - � - �. --
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<br /> i��x<; � 3.2 If. the secuMty or any p�rt titerebf is da�a�ged by fire or other � :,.:��;; ' `,c�
<br /> '+:��:rd.i?, ` •
<br /> • ����"��= �� cause including condempation, Trustor shall give ini�ediste iirittea notice of the .,., ��.��,`<. � . �::
<br /> , � evet+t ta �IiB-$EOEfjG�dT'�/. Trustor shs1�<�se any proceeds of compensat�on for Lhe ._�'_, 'e'' - ti'
<br /> �t� ;� `- - � �� d�age froa insurance,� condea�nation award or otherrrise to restore or reptace .the ' , +..;��� �; L..
<br /> " . :;�r.s :. security- damaged ;to,:-Lhe equivalent of its` or fg ina l con d i t ion or s ha l l pay su c h • � ��.�..
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<br /> - ��,; ,.,-. -�:.«� proceeds to the 8eaeficiary at the option of the Beneficiary. If part of the �. �� 4: :. � �
<br /> '��• ��`�. - �•-���: security is � daa�aged, the T�ustor shall restore, repair or aiter` the re�aaining �- �- ;- , �
<br /> '.�:,.s.'•°�r;.�
<br /> . - �����_� property in.a �anner satisfactory.to the 8eneficiary. ..
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<br /> ��'::"��� ��.:�;,;::�;'�;;_ .. 3.3 _ The 8enefic�ary or its representative is hereb� auEtcorired to enter �f� _ . _ �
<br /> - <�, upon and inspe�t the premises at any time during norma� busirt�ss t�ovrs. ,
<br /> � ��rf � � �; ' �y � 3.4. The Trustor shalt praaptly crompty wfth a1'k present and fut�re lars, � �
<br /> � Y 'f'�:.;. . or�ir�ai�s, rules and req�i��fun� ef any gaxercxnentat . authority affectiag the " .: '
<br /> ` �' �� ��,��'�r any part thereo�4�-.-�T�[�is sha11 apply 3� are�r t�nstr![ction upon the premi5es �"' � �
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<br /> •�I .?,. �_ 'as�'��i��:the t�p�ratioo of.:a�:�siness upon t�e p�esafses�.. � . . �: f�,�',., a,}-
<br /> � :f�t� ��� , .',..: � {:,.'' �,,':?'� Iasurance. � . ; .:..�. :•,�;: � $
<br />,� ' � -;°:; ``�, �`, ��:;_.. �f, ; ?t:;?�.�'�;:.:` Trustor sfial�.�Ceep, :6.�e secur���,��nsure�.�against...���1 j loss by pe�9js: . - , �,
<br /> _ , _�� �j, `� s���; ; ; �r,��.�;;by standard fire pd�icy �ritl� 9tartdari��Yextended�coverage:sndorse�nent, in an � r, �' �.M1!}f `
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<br /> a,�-f; . < ��� , ��;ia�iit��equal to 100� of the full rep�acement value of .t�ie_security �ithout;deduction � " �f.,���t,,
<br /> �` � �f'�'+` #rsr� Qepreciation; (2) liability. �r�st�nce for the beqie�it �f the Bene�$c%ary and � � �
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<br /> �� '��s������� . � �'�'����'��`�rustee,to protect the Beneficiary�•�and, Trustee fram any� and _a11; claims`����p�a�sonal � : r�,,t�;<�: ' �
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<br /> � �-c�� in3ury,%,x�►� property damage;:arisfng from or. out of the pr�ses; and:°�'�� "d�e�: � ,.���
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<br />. . ,.'.. .f���,' �� ` ...! ., insurarice:: normal and cus�matry for oMne�s:•3nd operatars of�;: simi 1 ar prope��jt:�:��, R ' . `,, ���46 ;
<br /> � �f�;�,��; .'� � � � t further;:� Beneficiary mayr:a��ire. any ather�.�ir.easflna��e�;insurance �to pratect .��� :. � _ = Lf��
<br /> �� °1��� • ; security. All insurance sF�a3t be .�aid for_�� :�e _t�bJC; shall be in farce an� �� . ��`� �
<br /> ��,; �'��.`�� ' � ' . 'raveG b th `Kef c ar shal� ;ir,i,su� ��fi 8 ef iar � tee �� ! ' '"• �.
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<br /> �:,p, company,.:,�PP Y e .� ,8��,. i i y, �•:� ��:x y� �,., J,�,�� �:�i�f�}�,_, ,,
<br /> :���ti��; :;�'a:'�. .;.�,,., Trusto�:a;s their interest�:�a�i�ea�, and sha11.:�jra�'r.����kr�t�'i�e insurance cam�e��-:s�i���;:',-�•:` �:,�r,�;;�a�,..•�,:::;j3:;r,3..� -
<br /> � notif�;'4.fie Beneficiar ii��:;ti��ti� at leas� 3i?'. da�'s` before any cante�ra����s` �k.:�` , ,r:�°�`�f '``+"�'
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<br /> r :y"" � •���-.���'y>;' „termination becomes effett��ie.us to.;t;he Beneficfary. � �r � ��J��;�f - :` �`<j�'t., .
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<br /> � � , - '';` ;F%?��'���f�, `il?r��'�'.��{�,� 4.2 Trustor sh�Z�j�'�a�a�ii�� the Beneficlary piroof of the insurari.��►�qulred . �:fr:;:;;�_,� �. �
<br /> : '�frp,Fli.1 ..3.'Sf�S.';i�:%'." .'�`��,•.,.i:'•:':',� . i.�..��Y:i'. � -
<br /> .,. ;� s:�•�y �.;• . ,�Sy this Agreement at le�t' 15 days before advancement of funds under ��►::a notes. � . .
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<br /> . s.�: ��_`;#�• � ` Truster����hall provlde prar�t�:af renewal policies at least 15 days 6efore the xpfration
<br /> � �' :��� ' ` of �i� paliCy. If the���Trustor fails to pr�vide incuranr.e, the Beneficiary may , . . ,
<br /> .-;,,;.;••�:• � " decl�jn'�;�Ke 1aar.r,:and Deed of Trust in default. 6eneficiary may purchase such �
<br /> ���4`°°�� ' .� insur���_�-:as ;s���Sary to protect the security. The cost of the insurance so � � � �
<br /> :?a:.:,��r: ;...;,' ,.
<br /> � `�� �'purch�se� �ith ��r�t�est shall be deemed an advancement to protect the security. "
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<br /> ,:�� `� :;,. �.� Taxes, Assess�eots and Charges. ,; :.. �•;�', �f: ;��;
<br /> '�1�'Y`� ' �`r"''" 5�1~ Trustor sh31� pdy ,al l taxes, assessment�,_��i�tt� at�� other charg� �.'� `. ; �` ` �k t���. '
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<br /> � �'T�� ,_ inCluding utility charges wbic�-'-u��y� affect the securit,� ��;;.�Ir.�y� �� d^.;.e;and 6ef�r3� ,���..`,�,s;;:;�;f, • �
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<br /> , • � � ..,;�they are delinquent. Upon reques����.1`�*ustor shall shaw; �u���r�;cr��-�;;;�rC�i�,.iai�.yaymerat:,. ,. � ';;•�,{�:;,.;, • .
<br /> . � , ,'�.:�Trustor shall pay all taxes and a���ssme�ts which rna�,h���i��i:r".� ,uyon ���e�lciar�'�' � �;+',''� .
<br /> ���,_ � interest herein or upon ti►is Oeed of Trust wTt���cct.-��.,,�rr4 trv� arFy law in effect ��^ : °� �° :�•
<br /> . . , ,. . � , . ; - . �.-j;�,.
<br /> � �.�•t�����' that may be enacted imposing payment of. t��. x�a���ar�•,:�:+y pa�t therefore upon *.���;,.�. �•�`.�
<br /> -.;:; :,,.`,�., : � ���,;;f;`t �,:. Beneficlary. .,, : �, �'� -
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<br /> '�f,;i;r �, , �' :. 1 .;.',:'� � 5.2 ���,i�rustor, at the option of� ��rr���c,rai-y, shall pay monthly Sg•. S����`!'�
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<br /> ����• � '�:• � :�'.:8eaef��i��ry an a�ount equal to 1l12th of �he;�tima:e+i-yearly real estate�"taxes �a�* � � � ' �. .
<br /> ����-� , ��`•:f.� '� th�,�j�i�v„i:ses. �Such amount shall be heTd 9re:�iLa�ow by 8eneficfar�Y and may be usc�.l���.' ' � � ��
<br /> ,;'ti',,.� .. •���F-:�.t ' ? -b iil� �,�:;-`;::',3��
<br /> '�:��� `-�CPie,�6�ai+�Piciary . for the payment of such `�.rtal estate tax��: Elet2c n jv �
<br /> `.:��:'• „ : . , ,;�r,�:.�.;:.��:
<br /> ° � , � :�;��.;`.;.6ertefi�iary ta require a payme�t to escrow for taxes stra�il not r�T�ieye �i.�.�'rti��o'r�•af `��'•����'.-:�'�•��'�:�
<br /> . . . •i:' :� iiabild�y under�I��ragraph 5.1 above. ' . �. :i,;;>'I;``�<J,,,���;����
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<br /> �, �,., .. � 3, if �rustar fa11s to mak�: :�the payments r�u.�r��d I��►^��rr;; ;�the. .�
<br /> '�` � „�•:' Bertefi`�i:�r`y may Qeclare :�e loan and Qeed e�;f�;Ti�ust 1n default.�;,,tii.��eflciar� �a�..�ay , . ;�;--.
<br /> 'y��; , ��tlrt':-.;;' ' such �tnuurlts ne�essary' to protect the securi;���. ?he t�muunt of suct► pa,ym����, I�i',�t . � �
<br /> � � "`�"� inter t ' • �
<br /> es sha�i,,�e. �feeme0 an advancement ta pr�i>�e�t �h� �ecurlty. '`�����:�� �'�` � '
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<br /> ;.y�; � �-r����, � , ;;: - ,. , :�;� ,'.: , j:'�.:,
<br /> � �'t�Y;;� ,,: . 6 �`'C�nde�eat�on. Cartdemna�ion:,;,findAr th�i`s �i�eed of Trust shaYl+ 9��1ilrf��
<br /> �"°-'-�' � any d�inage or taking by�; any government�l ��tl��i�ity anA any traqsfer by private s��Te�
<br /> ��"���'' : " ' �.; �, , tn -1��:eu� thereof. Oir:.condemnation, the �.8eneffciary ma,�°,,_d�clare the entire
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<br /> '+"'' ' � �� � '� :.1 fndet��eQness secured by the Oeed of Trust due and payahie. 1'lie�1'rustor assigas a11 ,
<br /> ` . � ; �. :' rights to compensaCion or relief for c�ndemnatian ta the Berteficiary, who may praceed , : � �
<br /> � �'�-: �- � • -for just campensati�n �in the name of the Trustor or Beneficiary. Yhe procee�s
<br /> recovere0 hereunder first apply to the e�cpenses of susb recovery including attorney
<br /> , �-��� . � � . = fees, therr at the optian of the Ben�flciary to restoratlon of the security or paymenti
<br /> • _ � k of the inde6t�dness secured 6y this Qeed oi Trust, then to the 7rustor. The trustor � �• .
<br /> , �grees tn make sucb further assignments as, necessary to give this provision effett. ,
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