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202305434 payable to the order of Beneficiary, and which by this reference is made part of this Deed of Trust. (b) Payment of all sums advanced by Beneficiary to protect the Trust Estate, with interest thereon at the default rate provided in the Note. (c) Payment of any other past or future indebtedness of Trustor to Beneficiary, including any and all future advances, extensions of maturity date, and all loans or lines of credit, whether said loans or lines of credit are due in installments, periodically, on a revolving basis, or in a lump sum, and whether said loans or lines of credit result from direct disbursement, overdraft, continuing commitment to loan, or any other basis. (THIS PARAGRAPH SHALL NOT CONSTITUTE NOR OTHERWISE BE CONSTRUED AS A COMMITMENT TO MAKE ADDITIONAL LOANS, ADVANCES OR EXTENSIONS OF ANY KIND OR IN ANY AMOUNT). This Deed of Trust, the Note, and any other instrument given to evidence or further secure the payment and performance of any past, current or future obligations secured hereby are referred to collectively as the "Loan Instruments". TO PROTECT THE SECURITY OF THIS DEED OF TRUST: 1. PAYMENT OF INDEBTEDNESS. Trustor shall pay when due the principal of, and the interest on, the indebtedness evidenced by the Loan Instruments, and all other charges, fees and all other sums as provided in the Loan Instruments. All payments received by Beneficiary as to any indebtedness or as to any other debt, liability or obligation owed to Beneficiary by Trustor may be applied by Beneficiary to the payment of the Note or to any such debt, liability or obligations, in any order or manner of application which Beneficiary, in its absolute discretion, deems appropriate. Unless otherwise elected by Beneficiary, any such payment shall be deemed .applied first to the payment of any debt, liability or obligation other than the Note. 2. TAXES AND ASSESSMENTS. Trustor shall pay each installment of all taxes and special assessments of every kind, now or hereafter levied against the Trust Estate or any part thereof, before delinquency, without notice or demand, and shall provide Beneficiary with evidence of the payment of same at least ten (10) days prior to such delinquency date. Trustor shall pay all taxes and assessments which may be levied upon Trustee's or Beneficiary's interest hereon or upon this Deed of Trust (including -any mortgage or similar tax) or the debt secured hereby, without regard to any law that may be enacted imposing payment of the whole or any part thereof upon the Beneficiary. 3. INSURANCE. Trustor, at its expense, will maintain with insurers approved by Beneficiary insurance with respect to the improvements and personal property constituting the Trust Estate against Toss by fire, lightning, and other perils covered by the standard all risk endorsement, in an amount equal to at least 100% of the full replacement value thereof, with no deduction for depreciation, and shall maintain insurance against such other hazards and in such amount as is customarily carried by owners and operators of similar properties and as Beneficiary may require for its protection. Trustor will comply with such other requirements as Beneficiary may from time to time reasonably request for the protection by insurance of the interest of the respective parties. All insurance policies maintained pursuant to this Deed of Trust shall name Trustor and Trustee as insureds, as their respective interests may appear, and shall provide that there shall be no cancellation or modification without at least fifteen (15) days prior written notification to Trustee and Beneficiary. Such insurance shall contain a standard 2