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.. . �� <br /> . • •; <br /> r. y�'i �E[`.n .. <br /> �'*►�f] :k Y�f�' ._'ai <br /> ,:� _... — <br /> ---. .. _ .. . , . •`7 <br /> � <br /> �93-io�6 <br /> � and bh� �s�cution snd d�liv�ry o! tho D��d o! Tru�t do�s ao� vio- <br /> �ry�' lati� aay aoatiraati or oth�r obliqstioa to whicb Trwtor i• aub- <br /> *M.r j�Ct• <br /> �, a g. . To pay b�fore d�liaqu�at ell tas�s, <br /> '=` spacial assosemente and ali othor oh�rg�s aqaia�t tih� Prop�rty <br /> ,", .� .� ,; .. <br /> �,•�.�;:�•. aaw or h�raaft�r levi4d. <br /> ,-.�,,-.-. ..,_...� <br /> `�� ;.:.�;,.; ,t� 4. insuranae. To koep the Property iasured agsinat damaqe <br /> � `'� by fire hdzerda inaluded with tbe term "extanded aoverage" end <br /> 't�..,��:a : `b„� <br /> �_:�,.' �.��,: ,,.,; auah other haza�rda ae Lender mny require ia amounts a�nd with com- <br /> �:-�. a�•° �� p�aies acaep�able to Lender, namfag Leader na aa additional aemad <br /> ►• • � r•',. inaured with lose p�yable to the Lender. Ia case of loss under <br /> �:��=-� �:��r•'-° such policies, the Lender is authorized to adjust, collect and <br /> ,_`` . °r . . . . comproYaiae all aleime thereunder and shal2 have the option of <br /> � n. • � applying all or part of the insurance proceede (i) to any indebt- <br />� . " „ � edness secured hereby and in such order ae Lender may determine, <br /> ' ' (ii) to the Truator tio be used fcr the repair or reatoration of <br /> �"- '� �� �`�� ; tbe Property , or (111) for any othex purposa or ob ject satie- <br /> F �. �,;.,:;;:,{.,;:;r factory to Leader w�thout affectiag the lien of this Daed of <br /> ,.�. Truet for the full amount secured hereby before such pe�yment ever <br /> ;�,.; .':�,}:,.„ •_1 took place. Auy application of praceeds to indebtednese ehall <br /> �� r.:. • �, . not extend or postpone the due date of any paymeats under the <br /> �::; ,f{��:�'�, Note, or cure any default therewader or hereunder. <br /> - :'_ , i l::p-��?� <br /> '�'``�'1�`�' S. Escrow. Upon written demand by Lender, Trustor shall <br /> �';� �. • � pay to Lander, ia euch manuer ae Lender may �iesignate, sufficient <br /> � � suma to enable Lender ta pay as they become due one ar more of <br /> the following: (i) all taxes, assessments and other charqes <br /> -- - - . - "�° eq�ina� tlfe Frogerty: (13) the grem;une on the property insurance <br /> . ��' ''`� required hereunder, and (iii) the premiume oa any mortgage insur- <br /> ; ; �::,. <br /> � . , ';:�',;:':, ance required by Lender. <br /> �.' ,•.., , ,, .: � .`.� <br /> !,'•''?:''�-��'�'��'�; i A+*-a a d Comoliance with Laws. Truator <br /> � ,,.,�,�:;;�,,,-: :� : 6. 'r!a ntenance R� <br /> � :• <<.;.:;•;:..�,: shall keep the Property in qaod condition and repa3r; shall <br /> �: �'. ���,:i,��'• promptly repair, or replace, any improvement wbich may be damaged <br /> r:.{ <br /> ;�„ � or destroyedj shell not commit or permit any waste or deteriora- • <br /> �ly:, ' tion of the Property; shall not remove, demolieh or substantially ,; <br /> '�+, ` alter any of the improvements on the Property; ehall not commiL, '"" <br /> •� ��• " suffer or permit any act to be dane ia or upon the Property in <br /> � � violatioa of any law, ordinance or regulation; and shall promptly <br /> . , , discharqe at Trustor�s coat and expense all liens, enawabrances � <br /> ! • , � and charges levied, impoeed or assesaed against the Property or <br /> any part thereof. <br /> 7. Eminent Domain. Lender i� hereby assigned all compensa- , �� <br /> ' � � tion, awards, damages and other payments or relief (hereinafter � <br /> "Proceeds") in connection with condemnation or other taking of � �� <br /> " the Property or part thereof, or for conveyance 3n lieu of con- <br /> �. . �� ,:,:. demnation. Lender ehall be entitled at ite option to commence, <br /> ; ' ' :�_ �� appear in and prosecute in its own neme any action or proceed- <br /> � ings, and shall also be entitled to make any campromiae or �aet- p�� , <br /> 1�� tlement in connection with euch taking or damage. in the event � <br /> , ` any portion of the Property ie so taken or damaged, Lender shall <br /> � n <br /> ' , have the optfon, it its sole and absolute discretion, to apply � , <br /> + •� � all such Proceeds, after deducting therefrom all costs and �, �� <br /> ` :a � expenses incurred by it in connection with such Prviceeds, upon <br /> �, � any indebtedness aecured hereby and in such order a� Lender may <br /> . determine, ox to apply all such Proceeds, after auch deductions, <br /> � � � . � to the restoration of the Property upon such conditions ae Lender <br /> ; . ' may determfne. Any application of Proceeds to 3.ndebtedness shall <br /> '' � not extend or postpone the due date of any payments under the <br /> ;. Note, or cure any default thereuader or hereunder. Any unapplied <br /> _. . ��dg g1w�71 l,g nnir� tn Tru�tor. <br /> -� � — <br /> r___ <br /> ;�. <br /> � 8. performance by Lender. Upon the occurrence of an Event <br /> ' � of Default hereunder, or if any aat is taken or legal proceeding <br /> '� �". " commenced, which materially �ffects Lender's interest in the <br /> ' �,,.. �• � . Property, Lender may in ite own discretion, but without obliga- <br /> � `' tion to do so, and without notice to or demand upon Trustor and <br /> ' / without releasing Trustor from any obligation, do any act which <br /> � Trustor has agreed but fails to do and may also do any other act <br /> a ,. <br /> � <br /> , ' --- = <br /> 2 � <br />