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200e11223 <br />b. All payments that are required to be advanced by the Beneficiary to protect the Trust <br />Estate, shall bear interest at the rate of 12 percent (12 %) per annum. <br />This Deed of Trust, the Note, and any other instrument given to evidence or further secure <br />the payment and performance of any obligation secured hereby are referred to collectively as the <br />"Loan Instruments ". <br />TO PROTECT THE SECURITY OF THIS DEED OF TRUST: <br />1. PAYMENT OF INDEBTEDNESS. Trustor shall pay when due the principal of, and the <br />interest on, the indebtedness evidenced by the Note, charges, fees and all other sums as provided in <br />the Loan Instruments. <br />2. TAXES. Trustor shall pay each installment of all taxes and special assessments of every <br />kind, now or hereafter levied against the Trust Estate or any part thereof, before delinquency, without <br />notice or demand, and shall provide Beneficiary with evidence of the payment of the same. Trustor <br />shall pay all taxes and assessments which may be levied upon Beneficiary's interest herein or upon <br />this Deed of Trust or the debt secured hereby, without regard to any law that may be enacted <br />imposing payment of the whole or any part thereof upon the Beneficiary. <br />2000 Real Estate taxes have been paid by the Beneficiary and the 2000 Real Estate taxes shall <br />be prorated between the Trustor and the Beneficiary for the 2000 tax year up to the date of this <br />closing. <br />3. INSURANCE AND REPAIRS. Trustor shall maintain fire and extended coverage <br />insurance insuring the improvements and buildings constituting part of the Trust Estate for an <br />amount no less than the amount of the unpaid principal balance of the Note secured by this Deed of <br />Trust and the note secured by Deed of Trust or Mortgage under which Evelyn E. Juzek and Carolyn <br />Kay Morris of Tucson, Arizona is the secured party referred to above, (co- insurance not exceeding <br />80% permitted). Such insurance policy shall contain a standard mortgage clause in favor of the <br />parties to the extent of their interest therein and shall not be cancelable, terminable or modifiable <br />without ten (10) days prior written notice to Beneficiary. Trustor shall promptly repair, maintain, <br />and replace the Trust Estate or any part thereof so that, except for ordinary wear and tear, the Trust <br />Estate shall not deteriorate. In no event shall the Trustor commit waste on or to the Trust Estate. <br />4. ACTIONS AFFECTING TRUST ESTATE. Trustor shall appear in and contest any <br />action or proceeding purporting to affect the security hereof or the rights or powers of Beneficiary <br />or Trustee, and shall pay all costs and expenses, including cost of evidence of title and attorneys fees, <br />in any such action or proceeding in which Beneficiary or Trustee may appear. Should Trustor fail <br />to make any payment or to do any act as and in the manner provided in any of the Loan Instruments, <br />Beneficiary and/or Trustee, each in its own discretion, without obligation so to do and without notice <br />to or demand upon Trustor and without releasing Trustor from any obligation, may make or do the <br />same in such manner and to such extent as either may deem necessary to protect the security hereof. <br />Trustor shall, immediately upon demand therefor by Beneficiary, pay all costs and expenses incurred <br />by Beneficiary in connection with the exercise by Beneficiary of the foregoing rights, including <br />without limitation costs of evidence of title, Court costs, appraisals, surveys and attorneys fees. Any <br />such costs and expenses not paid within ten (10) days of written demand shall draw interest at the <br />2 <br />