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<br /> �;?:'' security aqreemanics and assignoaents of Leases and re�ts, ehell be
<br /> ` a�����•����^• � caferred �o herein as the "Loan Instruments".
<br /> ^ ��?It�i..�'I:S'w
<br /> r:s.:-_. ::. TRUSTOR COVENANTS AND AGREES WITH LBNDEIt AS FOLLOWSs
<br /> �---_--'-=--,_ .,
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<br /> " •� ����=��� ^ 1. �Pa ment of Indebtedne$s. All indebtedness secured
<br />-��. hereby shali e pa when ue.
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<br /> �.��•' x. Title. Trustor is the owner of the Propecty, has t e
<br /> �,�:.�_�_.
<br /> � .:`'`.'�� ": � � ' right and a��ority to convey the Property and warranta that the __
<br />'�`'�'`�•- • � � lien created hereby is a first and prior lien on the Property, --=-z _
<br /> .'...5.�.-'' �.
<br />�'-�t�� �� �� exce�,t for liens and encumbrancea set Eozth by Trastor in writing �=—��— _
<br /> '��`�`. � and debivered to Lender before execution oE this Deed of Trust, �,.;--�,�,�__
<br />��'�� and the executfan and delfvery o£ the Deed of Trust does not vio- �
<br />��; � �`��,�,r�.'''."� • late any contract or other obl igation to wh ich Traator is sub- `'.___ __ _
<br /> y�;rZ:r ,�_. ,._".. ° ject.
<br />�'�`�� -�-°��• �•- , _ . ._.._�__
<br />'±��`'-� " � TG ay bef ore del i nquency al l -_ _
<br />.. .,,.L�ti_,.. 3, Taxes. Assessments. p � -
<br />�t " taxes. specia assessments and G,11 other charges against the 7;•-�
<br />� , Property now or hereafter levf��c:. ��'�'
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<br /> I��' - � t,�-� '..'�.- . ( e. ?:?-,, .
<br />��. ���r,,�.� � Insurance. Tv� keep the Property insured Agann�t damage i - -
<br /> •�� .r,.s; . 4. M ---_---
<br />�" " ' • b f fre hazar—ds �ncluded with the term extended cov�rar�e" and �������_
<br /> � � :.,:i;,, ;�':: y �_
<br /> ti�; �_�; such other hazards as Lender may require in amounts anei wi�th cc+m- �,��:.:fn.r__�,_.
<br /> �l�t...:,��,.�--—
<br /> L•. , ,"�:�;+�;;� � panies acceptable to Lender, naming Lender as an additfl�nal namad „�:;;,,.,, .,�,-�.,,.
<br /> insured with loss payable to the Lender. In case of xoss under � �
<br />�; , , ,�� _^" � such policies, the Lender is suthorized to ad just, collect and -�--_�`_
<br /> �' ! �� •• �-� • _ ���.r��ige all claims thereunder and shall have the option of r -=+-� ;.�___
<br />;r:___' iS . • �' _ _ .: _
<br /> ±`�'° ' applying alZ or part oE the insurance proceeds ( i) to any inciel;t-
<br /> � _��. .�"�.r;f�;:}t�;.' edness secured hereby and in such order as Lender may determinet �--=-���--'�"`�.
<br /> '��:,',;�'_
<br /> , � ,�, `"'�;.,��1;;,r�ii;�'� ' (ii ) to the Trustor to be used for the re�air or restoration of , , . ° � ._, _____.
<br /> ,) „� � j s.:.�:;,."-..---
<br /> ';,.�{� ,�lr,�,,.�;.�.R��-..: : the Prcapertyt or (iii) for an othec urpose or object satisfac- � ��.;���-��
<br /> 1 .r•,r/h� �.. , ,T .Sir=,---
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<br /> , ":,f ''�h;ti,,.�7.., tory to Lenclex without affecting the lien of this Deed of Trust }hY_
<br /> n.� .s����1���5'•:, 1 �;14:��,e,�,_.
<br /> ,3,,tij,,,.;,. for the full amount secured hereby before such payment ever took 4� l�,.i.,.wS.`��.
<br /> ;�� �t�.�� ;:•��-r�. place. Any application of proceeds to indebtedness shall not �.��, �� ; -- p
<br /> •;; 1;' '���'��; :" extend or postpone the dus date of any payments under the Note, 1�;,�ti�s�.},.,;�t�:_'
<br /> ;:.ti, .�.,;.,�,�,, , ...�
<br /> :..' . ��• q ,,,,,";� ����� or cure any default thereunder or hereunder. '''��
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<br /> . ; �'��`�.'0�'� Escrow. Upon written demand by Lander, Trustor shall 1 �r, �;°.
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<br /> , ,�t�;;�,:�.••:� Y X, ` --
<br />• � �.i;=,.�, pay to Len er, in such manner as Lendec ma designate, sufficient (.',+�I�,,.,��":i1".1',�
<br /> ..�_�{''.�1�� . .
<br /> sums to enable Gender to pay as they become due one or more oE � �,�,,;,r.:�•.'h���.-�;_
<br /> . ;'rIti P�{� ••-:�,
<br />' °`'�� � the following: (i) all taxes, assessments and other charges ,�� ' ,r�,.
<br /> r'-'.�• �: aga ins t the Property s (i i) the pcemiums on the nraperty insurance ' ...
<br /> �. . ,: �'�ti• . ., ° ,.
<br />- `� ' . required hereunders and ( iii) the premiums on any mortgage insur- � . . r _ __
<br />, , . , �' s.i-::
<br /> r � � ° anae required by Gender. , _;,_•�
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<br />_ � � -� � � 6. �faintenance, Re airs and Com 1 iance with Laws. Trustor . � , --_,-_
<br /> ' � � . � � sha11 keep t e roperty n goo cond C on an repa r= shall � ��
<br />. . . , promptly repair, or replaco, any improvement which may be damaged � .;�,,,��' '� r---•
<br /> ' � or desCroyed; shall not commit or �ermit any waste or deteriora- � . .,� „ ,
<br />� tion of the Propertyt shall not remove, demolish or substan�ially � ,.
<br /> � alter any of the improvament� on the Pro�ertys shall not commft, '
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