|
...� .. „� . .-. a- ' _ .
<br /> ..y.i.
<br /> . •• _�_y ♦�� " '. . -:..MI�I�Ie'
<br /> '__.�_ . . '__' " _
<br /> ��I'� ,. ,�� "�'��� ,�r.= ---- -�_�_ _-
<br /> ._.._ - - - -_'--�_�71�-.
<br /> � ,�.. �.,
<br /> . -, . ,.... -
<br />_ . -
<br /> �11. i � - ..
<br /> �. �, �
<br /> �_�...._....�:..� .
<br /> � ,
<br /> --�:� � 91„_ 10579�
<br /> provlQ�tp� Be�tiolaty Mitb �vlAw�w o! r�al ot all suah r�nw�bi� 1lww�T�ithln
<br /> tblrly (30) lNps alNr t!w s�ai lh��taot. Tiw Tru�tor �hall proviM vritt�n Qotlw to
<br /> __--- - — tlie Benaitelnry oi nAy reotio� e�iv�e isa�any L�d�ra1, �tat� os loal 9ov�soa�nt
<br /> _ �--
<br /> _ -=a --- nqardinq th� 3l,om�inq oi tt�Pra�lass. Lora or aoa-iw►�+ral ot uiy lidn�� �iaolualiW.
<br /> "` En�t aot 1lait�d to, th� liaaaa aaA c�rtitlaat�6 dnasibb abaw) n�o��ury [or tt� --- -
<br /> -- op�ratioa os w� oL th� Ps�f.�a u a ikill�d ara lsallity/aur�+3aA 1��A+�11 aowlLtut�
<br /> .`-�---�._�.__.._._"'_-- �n �Mlt o! D�lault 1Mram0�r. �
<br /> L, '-=��
<br /> -,._�
<br /> __ `-=.ir� JIEIl'ICLB 3
<br /> W��i �
<br /> _____,. �`-•� 9ECPIQi 3.1 OR E_. The Teu�tor �bRll obtaia and kMp la fuli fom bud
<br /> � - �it�at eurinq tA� t�t�of Wi� DNd of Tr1ut a! its �ol� Co�t anA�xpenr� td� lolloviqq
<br /> - °_�.,-� insuranc�t is) ia�uranc�eqaiaot ioae by tir�, iiqhtainq aad ri�k cwtwerily cov�r�6 bq -
<br /> staadarQ wctaiQ�d covsraq�andorsasnt, includlaq the cwt oi d�bris r�oval, toqeth�r
<br /> _—:--�:�. � rit6 vauQalis� anA selioiow wisahi�E �aQonarnl, or all p�rils andorsa�b, sll la th�
<br /> -'° a�ouat oi aoi l�q than th� full s+placm�at coit oi iha l�yrovuents, y�r the apprali�l
<br /> ---- '3� � �uh�ittad to aad appsov�d bp !h� Hm�ilaiarp, oa tM Ps�i�es, aad toq�tb�r Mith aA
<br /> ��..,.ti+�i: .re
<br /> � i -,--_ _;_�� iaflation-qusrQ �adorowrent, aa aqrwd-amow►t endorse�ent, a nplacvMnt oost uboraa�nt __ _
<br /> "�}:_,�' ;, anA a xaivar oP aubroqatioa eadoreaRentsj (b) BoarA Fosw Boiler ead !laahinerp Iwuranca on
<br /> � ��`� " all equip�wt and psyasur�fired vohiclas or ayparalui situat�d aa t1w Pr�wi��o, anE
<br /> -- I , . :�s�'• provl�inp £or £ull reDair end roplacasent wat oovarnqel Ic1 Fload Iaeurence in the
<br /> --__��;''�Y"'b �sxlma a�ww►t available a! any tisa durinp tbe ten of tbis Doaa of SYw! unlw� evid�nc�
<br /> ��'"`�'° • la proviAed thsouqhout tho ter� of thie DaeA oi Truet that tde Pre�iees are not rithin a
<br /> �;�R�":=,-�'a:�:::.
<br /> �.����� " Flood piain as Qeiinad by tho F�daral Insurenca 11C�iaistrntion aaA th� PraaiseA ia not
<br /> -=�;r'�. ,,;�'°''. E��iqnatad aa belaq rithia a f1ooA plain durinq tke tart of tdia DeaA o£Trust� (d) Reutal
<br /> •_'i� . � { �� ,; Ipswcand cova�laq risk of loea dua to th�occurraace of any ha:erde insureQ aqainat undar �
<br /> - :�_�:°A.��.�'. ths polici�s requir�d lu Subseation� (a)• (b) end (c) hereoi in aa a�ouat eQual to: (11
<br /> - %�-:-%"��'�"` renkal �or a Lwalv� (13) �ontd pariod, pluo (ii) reai eetate ta�ns, �p�clal as�ersaaata,
<br /> - �+,�3i�t��_ insurance Dranissms aad oLher expeneea t�uftae to be pniG by ttta tonaate nnd�r aacb leaea
<br /> ��� '�
<br /> ,y� �. N. o£ the Preoioos for euch twive (14) month periodj aad/or Bueinene IoterruDtioa Insuranc�
<br /> i111J � } __._
<br /> � � . oovecing riek of losa Que to the occttrrence of any dazarEe insured agnivat undar the _
<br /> �- �•�N�'��' " polici�e rnNired in Subaectioas (a), (b) mQ (c) hereof in aa a�ow►t at least sufflcient
<br /> -�" . . to_.��,� to pay for a twolve (12) �onth periodJ (i) all ewoa due purauant to !ha Note, plus (11)
<br /> ��'��• , �y,� .. �::�'.':, � nll real Qstale taxes, special aesessueata, utility charges, insuraace pre�iums �ad other --.
<br /> ' .A,... �. �. . a�'.`-:
<br /> _ �f����� operatinq expense� reQuired to be uaintaiaad hereuaQecf (e) Compreheneive (ieaeral Public •
<br /> � �� . Liabilitq Iaeuraace covering the legal liebility of tde Truntor aqaiaat ciaias for bodilp �
<br /> `'�" injury, QeaEd or proparty Aamage xcurrin9 on, in or about the Psemisea la such�inU�sl
<br /> ,r . s,�,+M�R
<br /> µL•:.�-�1G �• e�oupts ena with euch oinisal 1l.aits es the Beaeficiary �ay require= (f) SprinklQr
<br /> � ? 'a� ' Insuraaca, if appliceblef (g) BuilEer's Riak Insurance anQ Worker's Con�eruatioa Insuranca
<br /> . � .� ��� � �, aurinp the aekiny of any alterations or ioproveventa to the Prealaest and (h) such otFwr �
<br /> •���' . . foroa of insurance ae tha Baneficiery oay require or ae �ay be raqulred bp lar. Ia �:
<br /> ' ° ndditioa, Heneficlary Ss to bo furnlahed rith auch enqineesinq Aata as it ony reasonebly �a�-
<br /> ,�__ �eyr
<br /> . require reqardiny the riak of earthquake or siakhole riak, or if insuranca aqalaet = +
<br /> e :.�,. � ' eerthqueke or aiakhole is requlreQ by law,Truetor vill pmvide earthqueke or sinkhole �
<br /> `a a�i,.,, � i p g U lMCe. SucL insurance policies aLall be xritten on forse aaA aith inauranca co�yaniQa _ __
<br /> , � t�:
<br /> f, � , ' eatiafactory to the Beaeficiary, ahall na�as tha insuroQ partiae tDe Tructor aad tde �.. _
<br /> . � Beueficiarp, as their interests may appear, sdnll be in awounts aufiicient to yrevant t6e _
<br /> -�''���'. Truetor frae beca�lag a co-inaurar of any lo�a tharewider, end ohall bear a setisfactory -
<br /> h"��� .. uortgaqae clause in fevor of the BeneEiciery vith loas proceede under aay auch policieo to
<br /> � , be nade payeble to the Heaeficiary. Ail required policies of insurancQ or acceplable �Q°.
<br /> certificates thereof, toqelhar with e�iQeace of the payaent of current premiusa therefor �
<br /> ` shnll be delivereA to the Beneficiary anG adall provide that the BeaeEiclary ahnil recaive �.-
<br /> • � at least thirty (30) days ndveoce written notice prior to cancellaticn, anenCmQnt or �
<br /> - � ', terminntion of eny auch policy of insurance. The Trustor s4a11, within thirty (30) dnys �
<br /> � prior to the expiration oE any such policy, deliver other original policlea or �
<br /> certificatea of t6e insurer evidencing the renewal of such insurance togethQr with
<br /> • evi6ence of the pnyaent oE current premiu� therefor. The Trustor shall at its expenae (
<br /> � furnish eviAancQ of the replacoment value oE the laprovQments on the Premises in form ��
<br /> ," satisfactory to the Heneficiary oa renewal of insurance policies or upon request of the ,
<br /> � Beneficiary. Inauraace coverage �ust at all times be maintained in proper relationship to
<br /> • ' s auch replace�ent value and must always provide for agreed awunt coverage. in the event •
<br /> - -- .. of a forecloaurQ of this Deed of Trust or any acquisition of the Presises by the
<br /> o_.._s�..�.�.. .�� ....w ...,i���p� ,.�a wnv nrxoeas uavable thereEron, whether paYable before
<br /> orryafter a,Eoreclosure sale, or durinq the perioA of redemption, if any, ahall become the
<br /> absolute property oE the BeneEiciary to be utilized at its discretion. In the even! of
<br /> ' �� £oreclosure or the Eailura to obtain and keep any required insurance, the Trustor eipoxers
<br /> the Becwficinry to efEect insurance upon the PremiaQS at the Trustor's expense and for the
<br /> " benefit of the Beaeficiary in the a�ounts end lypes aforesaid for a perioC of tiae
<br /> -,` � coverinq the time oE rede�ption froo Eoreclosure sale, and if necessary thereEor, to
<br /> . cancel any or all exiatinq insurance policles. The Ttuetor agrees to furnish tde
<br /> � , ,
<br /> '.o I
<br /> ' j „ � !
<br />
|