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Not�vithsiandinQ nny af the InnQun�e cantt►iaed in this Deed of Trust ro the confiory,the cerms of thts sectton sholl <br /> susvlve any forecloaure or satisf¢ction of thla Qeed of Trust reQurdless of nny gnnaaBe of title to Beneflciury or any <br /> disposltian�y Beneticlary af tuty or Nl of the Property.My clalm9 tu�d defcasea to the contrury nre hereby waived. <br /> Z0.CONDEMNAT101V.Tcuator wilt Bive Beaeficiury prompt nottce of cury action, rcat or threacened, by pdvute or public ' <br /> � entitiea to purc�ue or tulce nny or a11 of th� Pmgercy. lncludtnn ony eusementa,throu4b condemnutton,ecnlaent domnin, <br /> or any other mea�s.Trustor Ntthet agras to notify gcnaficiaey uf n�iy pracctdlnpa instttuted for the�tnbilshment of n��y <br /> ,, sewer,water,canservation, ditch, drainage, or ot�er dlstrict reluting to ar bindin� upon the Propeny or ru�y part of it. , . <br /> ._�� Tnkctor author�za Beneftcinry to intervene M Trusror's name In any of the nbave descdbed actions or claicng nnd ro wllect <br /> -� �� and receive all swns tlag�k tor assigns to�eneflcfnry the proceeds of uay award or claim <br /> • for dama�ea conaected s ' g of all or any part of ttie Property. Such proa�:ds shall be <br /> considered peyan�nts un w 1 is Deed of Trust.This assigatRent of pmceeda is subJect to the <br /> � terms of any prlar s a • °. .. <br /> 21.YIVSURAIVCE_'Ihassor agrees co maintsin insuraace as followa: <br /> A. Trueror ahall kcep the Property insured asaiast loss by fires.theft and other hazerds and dsks reasonably assacIated . <br /> with the Praperty due to 6ts type�ad location. Other hazarda und msks may iaclude,for example, wverage agatnst <br /> � loss due to floods or flooding. 'l7�is lnsurance shall be maiatnined in the amounts aad ffor the periods that • <br /> �"; BeneReiary requirea. '!be Ineurence carrler pmviding the insurance ehall be chosen by Truator subject to <br /> BeneHeiery's approval, which shall not be wueasonably withheld. If Trustor fails to maiataln the caverage <br /> descrl(r�G a�wve. l3encf{ciary muy� ut Beneficiary's opttpn,ohtain caverage to protect Beneficiery's rights Ia the <br /> , .•. � Property eccordiAg to the terms of this Deed of Trust. <br /> , <br /> All lasarance pollcies end renew�ls shall be acceptabte to B�ne�iclary and shall lnclude a stendard 'mortgage <br /> clauae" and,where applicable, "beneflciury loss payce clause." Trustor shall lmrnediately notify BeneCiciary of <br /> � cancellaUoza or temiination of the iasurance. Bene�iciary eball havo the dght to hold tbe Iicles end renewals. If :,, <br /> an <br /> . �. , Beneftclary requires. Tnistor shall immedlaYely�3ve to Beaeticiary all receipts of pai premtwns and rxnawal <br /> notices.UPen losa� Trvscor ahall give irnmediate aodce to tlio insurance carrier and Beneftciary. HeueRciary may .. <br /> � � make proof oY losn if not taade imm�diately by Tcustor. :,,-; <br /> "' ` Unleas Beneftciary and Trostor othenvise agree In wdttaS, iusuranoe Pmceeds sha11 be 8Pp�ied to rc.wtoradon or �,_,��• <br /> ' � repsir of the Property damaged if the restoration or rep�ir Is ecanomlcally feaslble aud BeneSciary's securlty is not _e.'_. <br /> '"�'�_�. lesscaed.If the restorution or mpair is aot economically fea�lble or Beueftciary's security wauld be leasened. the ...�=- <br /> . insurana proceeds shall be appiied to the Securat IkLt� u+�ieth�r ar aat shcc d•.:..°.'x3sh any e:���+aid�o Tmswr. �?_:--- <br /> If Tn�sta abandona rhe Pcoperty�or doss nat answer within 30 days a ttotice frara Beneficiary Wat the insurance �:,.._ <br /> � " ; caarler has offered to settle a clafm. then Beneficiary may collea e4e insurance proceeds.Beneficiery may use the p, <br /> �s � pinceed�to repair or restore the Pmperty,or to pay t�e.Securecl Yaebt whether or aot then due.'ITxe 30�day pertad � <br /> ��? �y;1�be�in whea the notice is given. -__ <br /> �. Uniess Beneficiary and Tmstor othenvise agrce in wrlting,eny oppllcatloa of proceeds to principai shall not extend '`.- <br /> � or postpone the due date of scheduled paymeata or change the amount of the payments. lf ttte Property!s ac.�uired r-� <br /> � ' ^ by Benefictary,Trustor's right to uay insurance polictes and pmceeds resultiag from damage to the Property before j�-,_. <br /> � '" theQCq�isidon shatl pass co Beneficiery to the ezteat of the Se�ured Debt immediately before t�a uisidon. � .::_ <br /> . . B. T�ruc�omi�t tab�l Hnetic,��inseurslag sg�nsticlaims 8� g��Y nce�kde�nt or�axurrenee fa o�r on the '_ <br /> �P <br /> „ p�pe�, �:. <br /> C. 'I'iustor agrees to malntain renW loss or bnstneas interiuptton inaur+�nce�as required by Beneflciaty� iu an amow►t -- <br /> :.' ' equal to n3least coverage of one year's debt secvice,aced requlred eserow account depos9ls(ilf a�ceed tu separately =_ <br /> "� � in wnting),under a foraa of policy aceeptsble to Beneficfary. <br /> 22.NO ESCROW FOR TAXEB AIVD INSURA1�iCC•Un1�ss othenvise provided la a separate agreement,Tn�stor wlil not �_:-� <br /> " �� be required to pay to Beneticinry ftu►ds for taxes and fnsurauce in escmw. �;,-: <br /> a��_•, <br /> �k 23.F[IVANCIAL RE?ORTS AND ADDI'II'IIONAL DOCUMENTS.Trustar will provide to Beneftrinry upon request. any �,;t_- <br /> finAncial sta�ement er infom�atton Benoficiary mtty deem necesasry. Trustor warrante that all finauciel stutettteats twd <br /> � tnfomsation 'lYustor provldes to Beneficiary are, or will he. accurate� corcect. and comptete. Trusto�agrees to sign, <br /> � � ' deliver. �ud file na Beneficisry may re.asonably rec�ueat any addttional documents or certiHcadons tbut Heneft�iuY �Y � <br /> conaider nec�asary to perfect,continue.and presecve Trustor's obligattons uader Wis Deed of Trust and 9eaeflciary's lten <br /> status on the Property.If T�ustor fails to do so.Beaeflciary may eagn.del(ver.und t31e such docurneata or ceKificutes la <br /> T:ustor's name and'I'nistor hereby in�evacably apgolnts Beneticiary or Seneflciary's ageat as uttorney fa fect to do the <br /> . thinge aecess�y to comply wlth this section: ' - <br /> • 24.JOINT ANDiNDNIDUAL LIABILITY;COSIGN�;IItS=SUCC�B30RS AND AS3IaNS BOUND.AD➢dutia�under <br /> :, • thia Deed of'llvst nre joint and tndividuel. If Tn►stor signs this Dced of Trust but does not slgn the Evtdence of Debt. <br /> Trustoc does w only to mortgage Trustoz's interest Sn the Property to secure payment of the 5ecured Debt and Trustor <br /> does not agcee to be person�tiy liable on tho����De b�o�w=�D�o BTcustcor�the Bvidenco of Debt v lthout <br /> Tcust may �tend� ncodify or malce anY chaag <br /> Truator's consetst.Such n chnnge will noi release Trustor fmm tha tenns of this Qeed of T1vst.The dutles�ad beneRta of <br /> • this Deed of fiast ehall bind astd beneflt the successars and nssfgns of Trustor and�eneflciary. <br /> If this Deecfl of',Trust secures a guaranty between BeneSciary t�ad Tn�stor and does not directly saciire the obligatioa which <br /> _ ,e m,e..o.�i.��r-.,�Qe�*nor�eo waive anv dehts that may ptevent BeneSciary from bringins any action or claira ugf�lnst <br /> __ ____ _--= o�-------�------ -o-- <br /> Tcustor or any psiccy indebted under the obligation iacludin$,but not limfted to,anti-deflctency or one-acnon iawa. _. <br /> " ZS.APPLICAHLE LAWi SEVLRIlBId.IT'Y; INTERPRETATIOAi. '[Uis Deed of Trust ia govemed by the laws of the <br /> ��� judsdtction 1n whtch Heneficiary iu locnted,except to the eatent otherwtse required by the lawa of the jurisdictton where <br /> thQ property b locuted. 'lhis Deed of Truat ia compiete and fu11y iategrnte�.'Ibis Decd of Tmst may not be amended or <br /> �. modified by oral aIIreement. Any �ection or dause in thie Deed of Trust. uttuchmeatts.or any a�reement related to the <br /> Secured Uebt that conflicts with applicable law wtll not be effective, unfess that t�w expressiy or impliedly permits the <br /> varlution�by wdtten n�reement. If any sectlon or clause of this Dedd of Truet cannot be eaforced accordtng ta its terms. <br /> that sectioii or cinuse �vill bo sevenxl and wlil not affoct the enforceability of the retnaiader of this Deed of Tcust. <br /> Whenever wscd.the singulnr shnll�aclude tho plural nnd the plurnl the siaBultu.'Ihe ciptlons and hatdiaBS of ttte sections <br /> of thts Deed of Tcust are for convenfenx only ond Aro aot to be usod to interpret or detine the termg of this Ueed of Tcust. <br /> Tlme is oi Qheessence in this Dced of Tntet. ,; ,.��;�i:;'� � �� �,�� <br /> � p 18Ba OMRaf 6MSn+b��C•.6t.CfOUd.AtN(1•000•�01•2�At1 Fprm AOkGOT�Q t0/30101 <br /> � <br /> � <br />