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<br /> ��`' � ..�;_ ' 2. ��+ee,fiamse+ce,desd+�r�of snd caepliance witli eMery o6liy,ttiab covenant,snd s�ne�t of M�1cer or �-
<br /> :` ;��� �,: Trusta tnc�pawatsd b�►ref�er�cs or caitained herein or in`sfrit otbec secqnty agtsement or detd of tnust at sny time ' '' � ;�.=-
<br /> � Y�= 9ivenWSttutsanyindebttdn�lsf�ebf►secund.ara�1►P��� ` , . � ' '� K'=-
<br /> °; ,.�,, ` � , 3 �syment Of sl!1�esani!ch�9a Of Ber+efitiary.whether or not set#orth herlin. � ' � ,} �"�-
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<br /> '`�' �� `,TQ lIt4TECT 7'!IE SE+�IIdTY OP THfS OEED OF TRUST.?RUSTOIt COMYENAMT�: ` _ ,.��,xrt:
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<br /> � 'fitk: '[h�t it is tawfulty seized and possessed of a go�d a�d indefeuiWe titlt and estate to wd►property in fee� '� �;,t� �,.,J=_-
<br /> . . ` .� � ,sienpEe snd wili foreve�warant and de�end tf�e titte thereto,against the daims snd demands of sil ptrsons � _ _
<br /> : -.- ----_---�=--_= ` whosqrieer:thatit wili,at its expee�se,maintaiaand presave the lien of this Oeed oi Trust as a lien upor�wch "- _,_'.. _ .:_ __.�_:.._
<br /> � �.. -�. � . , pr�Y. - ' � -
<br />. � �3": � �,-. - . lrior i,ierr: Ta pay ar�y�ntere�ton.and matarir�g installmenis of principol due on any prior maRgaqe or�iee�
<br /> ` of uust,an�to perfam alt ttungs required of him under the urms anc!conditions of any prior martqag�os deecf af. �: �
<br /> - -- - trust He�f'icisry may. bu�st►alt rat.he.oWigated w:make any,payme�t o�perform aay.other att ar c�bliqatton::
<br /> - ,� .,
<br /> °_.—_-_.. • .. _ _. ;:.. : . .
<br /> -- requ�re�of Trustee or Trustcr by.any wd�prior�martga�e ar desd of t�ust. -Any amour�t 3es p�au3 c�s���fF:. :
<br /> - 8enefitiarltsi►ailbeimmediatetyrepayabteta6enefiduyWqetherwithirtterestashereinpravidaL .. _�• :.�;..�::":�-�:'� , . w,..--
<br /> . . ; . . .
<br /> _ II/�ntenanu:_T�tce�;wch Prop�rtY in qvod.condition and�repair,w con�ptet�er rat4re.p�Y�nd tan,�� ��.. -
<br /> -- - - - good and wo�kman{ik��actc�er am��uitdirrgwhich m�y tie canztit�icted,damaged or desvaYe����P�lE=. �. . - -- . ' - -
<br /> when due.al!claims for 1a1�;�et€orrr�;and materiats fumished�cefor and for any atteratio�tfie�leb�;t.a ooinpE�.;: a" - -
<br /> .� � with the provisions of ali i�sv,�a�,'tac�ia�tovering said prerrsise�.�ta comply wi al!la+�rs.ordinsnc7es.:regulait�qr� : �,
<br /> th
<br /> . - - ccvenants, tor+d�ions aiid c�ai���ect�n4 suctt P�ap�rty��;�t�to remave, demolish or mateR�{�s;afui ar�_� � , - - -
<br /> � buitdiig,or the charatterar us�tS4e�to�at any time tFr�reon;natto dn)1 or exttact nor to permit the:�a7rng foi ar ` ,,.,.,; .-.5j
<br /> tn��.,
<br /> • � e�rahion of al..'�as or�t�ier'�iydracar,6ort w�`t�a�!Y maurial of a��ici�unlas tht writ�iecn��alsertt a�;:.-� +, .. �
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<br /> . _ . . �$ei�ftaary i��l�ad a�d�obtained;�ist so comm�or psrmtt any,waste ttie�i or any,a�t upocs s��!qxRY<�:. -�°y?.; ,�:' :
<br /> �usesi� ,'�; `
<br /> . � t �violation of law;to da att ottkr acts in a��.exe{�and�arppe►manner wfiich tra�nf�� ��Pr�Y } z.{ , .-F:F.r �
<br /> f� '�;��:;.;<<_'y.
<br /> . . ,:.. maybereasor►abi neceuarytoprotectant3presei�e's*itYsewdty thesp�cific�i:irieta�.aq��et��r,dudingthe � �:.,, . ��'',{�; �
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<br /> :.`j+,r. �.".�.�I` s . . .. . :}t , '.F1+': �9 7:a�f''J�.
<br /> ' :_r.: ; ��;. �lf�fa�' ':1.. ' .�In'.'',ti5:i�tf k'.t`�. __
<br /> ` ;i�ILi:}:F,�J.� r,t�.'�'�r� � Canstructionoflrnpe�a,iineme�rts: Tocamptebeiee�aodandwo�kmanlit��r�anneranytiuildingorili�provement �� ..��,. "��:',:- .���- �
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<br /> � ':�`; '�'�` or repair retating tfiereto viiNiih may be begun on suth property or contemplated by the loan secured hereby.�to pay ; �°isi,f .�.,
<br /> +. , .. .:,`1;(."':; .
<br /> when dw at1 costs and liabiiitia incur�d the[efor,and�ot to permit any mechanic's lien against wch property. s� � '•`'���'<
<br /> , ,_._ �..` (;`.�r',y;_= ^ . . t_r:..;:.�
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<br /> T�stor alsa agrees,anything in this pee�.i�f 7rust to tfie contrary notwithstanding.ia)�promptly canmence wak �" . �,�:..�:_��,..:.y_
<br /> fr�.�"
<br /> ' a�d to cempleie the prapased impiov�ments premptly, (b) to comptets same in accordance with�plans and , ,. �r;z. .'>
<br /> �� specifiwtiens as approsred by eeneficrary,(r)to com�ty.with atl of the terms of any buitding toan agreement between � <`� .. �,
<br />, ; . � . � Trustor and Beneficiary.(d)to allow Bene�sciary ta ins�ect sach property at aQ times during cansuuction,and(e�to = . .`:,;. f
<br /> �',
<br /> '��� i replace any work or materia�s unsa�sf�ory to Be�efiaaryr,,v�:tthin fifteen (15) days after written notite froin _ ; .;�:.;,•�..; ,
<br /> � .j`:':��,� Beneficiary of wch fact,wl�ich nofre c�-�j;�#ie given ta,Tn►sta�.tyy.-registered or ceRifiec�a�ail.sent to Trustors tast� ; ;°l<>°:.�:,;.
<br /> ;"� ,.�,,.:;� . '�-.:°.�i
<br /> . . +;�. k�own address.o�by persprtat seivite ofr c�ne same. . �r. .
<br /> � Fire and Caseaa{ty ins�acaact: To keep such�roperty inwred against loss or damage by fire and otE�+er risk a
<br /> :.t.:.
<br /> . • risks which,in the opi�ion cf Beneficiary should be insu�ed against,under policies of insuranc�with�o�p►�Ya��ta .';.i; "
<br /> � eeneficiary and the holder of any prior tie�in fo�m,amouM,and companies acteptable to Beneficiary. Said policies
<br /> • . � shall be delivered to and�emai�in possession of Beneficiary as further security�fot the fai t h fu l pe r forman c e of t h e s e
<br /> obligations,which deliveryt shatl constitute as assignment by Trustor to Beneficiary to all rights thereunder,including
<br /> � all�tturn premiums;to delive�to Beneficiary a palicy or policies re�ewing�r extending any expiring insurance with a �
<br /> � receipt showing premiums paid at teast thiny(30)days before expiration. If Tri�star fails w so del�ver any renewal i
<br /> _ . , policies,Beneficiary may praure suth insu�ance as it may e�ect and may make payment of premiums thereen,which
<br /> payment is repayable on demand. Neiti�er T�ustee nor eenefitiary shall be respons'rble for obtaining or mairrtaining
<br /> , `-; � i wch inwranc�. Bene�uary, from time to time, may furnish to any.irnurance agency�s company, a any other �
<br /> :s� ' peROn,any�nbrmauon containpd in or extracted from any insu�ance poGcy ti�eretefv�:e�ielwered to Beneficiai7F •;. ,
<br /> ; ..,:;. : .`",;.
<br /> E�,;.;��:�� � � �crsua�t her�t0.and a���formation concerning ihe Ioan secured hereby. tn no evertt a!?�whether or not detw��f .,��;.,, ;;,
<br /> , s;: 't�� i fiertunder hasotwrred'stsatl Heneficiary,by the fact of approving,accept�rsa�c�obtairt:r.g wch insurance,incur any ,
<br /> ;:;.� - ' ,, � ' .�. . ,"� ,
<br /> . �� :� � liability tot��mount ba�uch insu►ance,the form or legal sufficiency of i�surance contr�rris,solvency of insurers,eir . .
<br /> ;� . , payment of�c�sses by insurers,and 7�ustor hereby expressly ass�c��.�s fu11 responsibility�rr�efor and liability,if any�.. . � �"��;;'` `,'.�
<br /> � ?"-�� l �thereunde►. In the event oi loss,Trustor shall give immediate aritr,�n notice to Benefiaary,and Beneficiary mayo biu4 �,�'. • :�.'.- .�..�
<br /> ��.;,��
<br /> �� . � � is not obligated to,make proof of toss if not made promptly by?rustor. In case o1 any loss the amount colttst� :� , +,�;3,;;
<br /> � under any poli�y of msurence on such property may,at the opt�on of the Benerciary,be applied by Bene�tiary upon � �� ;.
<br /> . . � ` '
<br /> � , ar�y indebtedaess and/or obligation secured hereby and in such order and ameunt as Beneficiary mal�determine;er
<br /> said amount or any pohion thereof may,at the option of the Beneficiary,either ba used in r,eptaci�g or restoring the >�!',
<br /> ` improvements paRialty or totalty destroyed to�a condition s���actory to said Benefidanp or said amount or any ,�..,.��
<br /> .::� , � portian thereof may be released to the Trustor. In any such event neither the Trostee roar�the Beneficiary sha�l bs-
<br /> � � � ; obtigated to see to the praper apptication thefeof;:nor shall the amount so reteased or'used be deemed a payment
<br /> � ',<<.� � . on any indebtedness secured hereby. Such apptication, use, and/or release shap not cure or waive any defauk or
<br /> , � notice of default hereunder or invalidate any act done pursuarn to such notice. Any ur.expired insu�ance and all ,
<br /> " � returnable insurance premiums shall in�re to the benefit mf,and pass to, the purchas�r.of the property covered
<br /> thereby at any Tr�sted�sa�e held her�ur�er, It said property�issold pursuant to the p6ur�of sale contained herein
<br /> : � , ' , � or pwsuanY ioa�y deuee of forectar.ure,:_!}F;ght,tit►e and interest ot Trustor in and to the preceeds of iire and other .
<br /> ;� � , irtsurance poticies for darnage prior to tt�e sate,vxh;ch proceeds are nat received p►ior to the date ot said sale,shall
<br /> i; , l�iersgto Beneficiary. :.
<br /> �.�, f �'� �., Ya�its,��Other Sums Oue: To pay,satisfy and discharge,at least ten(10)days befate deUnqaency,all general
<br /> '�' � arrd speciai uax�s and assessments aiiecting such property,end in no event tater than thE date wch amounts become
<br /> �` � due,11)al)encumbrances,charges artd liens,with interes� o�such property, or any�SaR thereof, which are. or
<br /> appear to Seneficia�yt to be prior to or superio�hereto,(2)all costs,fees and expenses of this trust,whether or not
<br /> � � dascrlbed herein, t3)fees or charges ior any statement regarding the e6ligatien secured hereby in any amount ,.
<br /> � demanded by Bene�ciary,not to eacceed the maM'rmun►ameunt altowed by law therefor at the time when suth
<br /> � � request is made,(41 wch olher charges as the Beneticiaryr may deem reasanable for services rertdered by Bene�ciary
<br /> .!. and fumished at the request of Trustor or any sutcessor in�nterest to Trustor,(5}if such praperty inctudes a leasehold
<br /> ..�. ; estate. att �yments and obtigatians required of the Trustor or his suctessor in interest unQer the terms of the
<br /> � � inst�ument or instrumants creating such leasehald.Trusto�hereby agreeing not to amend,change, a rrtodify his
<br /> � , E leaseheid interest or the terms on which he has such leasehold interesL or to agree to do so,without the�written
<br /> } conslnt ot Brneticiary beinq fiat obtained,and tb)alt payrrienu and monetary obligations�equlred of the owner of
<br /> '�; _ . such property under any dlcla�ation or covenants,candition�and restrictions pertaining to such properly or any
<br /> . --- - -- - -°-`� modrf"rcation therraf. Skaut�frustor tait ta�afE�any suth psye�eset.Senefltiaryt.+e�ithaut contesting the validity or - -- ,
<br /> , amount, may etect tv make or advance such payment tegether with any costs,expenses,fees or cfiarges retating
<br /> thereto, including empteying eounsel and payi�g his reasonable fees. Trustor agrees to notify Banef'rciary
<br /> _. ._ _.
<br /> _ _ immediatel�r upon retelpt by Trustar of t� eat.any intrease in the assessed vatue of such property and agrees that
<br /> - Beneficiary.inthenamrofTrustarenayc b�approPriateprateedingssuch+nveaseinassessmeat: - . - - .- -- -
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<br /> • �� � � �yraN! _ _
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