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<br /> _-a�•.-� - �_ ' = 1 !�!' `ry� , ` , •. .
<br /> ��=� � ` � � ���+���NCE To keep such proparh insur�a�a�nst lo�,t ordama9e b7l firaaixi oQbr . ` '
<br /> - . �FtRE.Ca1StllLL ,.iY�;Q� . ��bs in�u�a��t.��P���tn:unnoe witlt fo�s
<br /> ' si1k.or�istcs�if�kA.k►�aofe opinion of.��t
<br /> � < payableb BeaeliCitry in�ortn.amount and companies acCaPfabtetv Benefiaiaull,.�Pa�s������� '
<br /> — - , re�e�air�Mpo..aAa�a�ane�cia�yasruro�rsacwdyfora�w�ntWpe�brmanosoru�seoai�on��M�icnde+.iv�r�aN - .
<br /> �'- consiitute a�assiynment by Ttustor to 8ene6ciary of all rlghts thereunde�.�+nctusliri9 d!►eNrit premiumr b¢eliMer b. , _--
<br /> "'�� =�'= BeneficLry a po(icy or policias renewing or exteodinp atry expirin�insurarice witl►a�aceiPt showin9 praniums paid at � �T_
<br /> '=��'� -:. . �least Utirty!30)tlsYs bsfore exptradon.!t Trustoc faiis Lo ao dNiver any renawat Polic�es,8eoefici�uf►�Y Procurc such < - -- ---
<br /> it►�urancsasitrttayNect3u�dmaymakepayme�totpremiumsthereort.whithPaY�isrepaYabteondan�and.Neitl�er s�.=---_-
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<br /> • Tastee nor Benafictaryshall be responsibtetor obtaining or maintaininQ such insurence.Bensfiaiary,iromtime�t1m� ;...:.�:_�._ _
<br /> ` ,�` _ ---__- r;-- - �aYlutntst:toan�ina��anceaQen�yorcompar►Y,oranyafherperaan.atqtintormationcot�inedinorextrectadhomany �•t � ti„�.:_
<br /> ���: �. inwrance policg theratotore delivered to 9eneficiary pursuant hereto.and any intorma�on cortceming tl�e toan secured ` �.��--�-.,,��_�-
<br /> =�.;��:�: . �� tiereby.ln no event and whether or not deiauit hereunder has occurred shalt Bersafic��,by.the fa�t ot approving - :�=;.;�.=-.�;_
<br /> � acceptingorobtainingsuchinsurance.incuranyliabilityto�tAeamountafsuchinsuranc�th8torm.orlegalsutFicieneyof � `=t�"-`�
<br /> - insu�anc�caotrada sotv�cy ot insu�ers.or payment of losses bY insurers.aad Trustor hereby expresslYassumes fult . , _;'�,
<br /> - ' responaibiliry ther�ore and tisbility.if any,therennder.tn fhe evant of toss.Trwtor shalt give immediate niritten notice to .- . -':;�£,;'-.
<br /> - -. Beneftciary.and8enefiiciarymay.4utisnotobiiysiedto.makeprvofoflossitnotmadepcomptlyybyTrustor.incaseofany . _ �:- �-
<br /> � IosstheamauniCOttectedunderanypolicyofinsuranceonsucApropertymay.attheaptiunottheBene6ciary.beapplied . "i�;E,
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<br /> ,` ,,��:,. . by8eneficiaryuponanyindebtedness�ni#lofobligationsecuredherebYandinsuchorderandamountasBenefi�tiarymaY_ , . ,;,.:,:
<br /> �-� Getennine;or said amount or any,pprtina thereof may.at Me op��as of the Beneficiary,e�er be used in reptacmg.ot .
<br /> � . �; ��ng the imp�ovements pan#ally or tot8fly destroyed to a cor,���safisfactary to said Bene�iciary.or said amourttor ` . ,�, ` ;-
<br /> ��-� � . a n Y p ort�on thereof ma y be released to the Trustor.tn any such event rtei'h�r t�e Trustee no�the�eneficiary sha11 be . ;.��;::,......,. . .:-.: :
<br /> obligated to see to the proper application thereof nor shal I the amount so re'�or used be deemsd a payment'on any �'•";`-a�:
<br /> ��y�' ', inde4ted�esssecuredhereby.Suchapplia�fian.useand/orreteaseshailnof�c�'�,r�ecrw8nreanXdefauitnrrtoticeofdefault : , �::����,A,�
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<br /> hereundet cr invaPidate arry act done purauant to such naice.�A�.�un�xpifei�in�rrandsatsr��1�remmai�te insuraira� � .,'<;��.
<br /> � �� miumsshatlinsuretothe6enefitot,and sstq,thepurchaseFatit��propertycove�ed��elsjlatanyTrostee'ssateh�f E . ==1�;���_-
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<br /> < � he�eunde�.HsaWpropertyissotdpursuanitotbepowe►ofsate �nedheremorpsrsuariffoanydecreeottoreclQS� � � �.�'�. -
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<br />. _ �1lright,titleandintereatofTrustoNnandtotbeproceedsoffirean�oth¢rinsuiancepoiiciesiordamagepri4�tot���`�. i ' �.:---
<br /> -, -� � '� wF►iCb proceeds are not received prior to the date of said sale,s�afl'betong to BeneTiciary.Trustor will compty witf�s,�.�t
<br /> other�equiremerttsandprovidesuchothesrypeotinsurancess6�xr.s�iciarymayrequiretromtimetotimetprthepr�iara � . .. �
<br /> � � • by i�suranCe of the interest of the respective par�es hereto. t
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<br /> , TAl(ES AND OTHER SUMS DUE:To pay,satisty and discharge,at teast to ten(10).days betore deknquency atl genera! ` . ;
<br /> - ' and specia!taxes and assessments and o3her public charges;and in no event later than the date such amounts becume .:��_;: .. . �, •�':
<br /> � � dueandtofuRherpaywhendueorrequested:(t?altertcumbrarcaes.chargesandiiens,wEthi�teresLonsuchproperty.or ���Y�`� =_f:�,:4..:,
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<br /> anypaRthereof,whichare,orappeartobeneficiary.i���n'>e�`s�etion.tobeprio�too�sup�orhereto,(2)allcosts.tees ! ;�•�•,� ':
<br /> � ancfexpensesofthistnis�t.whetherornotdesc�ibedhe�irr,�i3f��orchargesfo�anystate�entregardingtheobligation '��• ":<����•�.,,_�;`
<br /> � �=%;� ` � secu�ed hereby in any amount demanded by Be�efcc�t-�,rr±3��xceed the maximum amcunt attowed by Iaw theretore at ;,, . .
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<br /> �.;I-;;�r.• . lhetimewhensuchrequestlsmade,(4)suchothe�d`.��asl.`�eBene6ciarymaydeemreasonableferservicesrendered ;��i,.,�` ,
<br /> . . byBeneticiaryandtumishedalthe�equestofTrust_r�<a;�tsus,aessprininteresitoTrusto�.�5)ifsuchpropertyrinctudesa �'�' . .
<br /> ' ' � leasehotd estate,ail payments and obhgations required oi theTr.ustor o�his successor in interest under the terms of the
<br /> --_- -•-- -_ -instrurrierrt or�F,trur�ents creating sucle leasehetd.(&�at!pa=�r�s and monetary o6ligations cequired of the owr��t ______ _ __
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<br /> � su.ct�property.under any declaration of Covena�ts, cund�t�oa�artd restrictions pertaining to such propeRy or ar-y � �,
<br /> c�odification t6ereof;(�)all moRgage insuranca or guaranty tees,premiums,or charges o1 any nature pertaining to such :
<br /> ' . property.TrustoragreestonotityQ�neficiaryimmediatefyuponreceiptby7rustorofnoticeofanyincreaseintheassessed '�%- -� ,
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<br /> � value of such p�operty and agrees that 8e�eficiary,in the name of Trustor,may contest by appropriate p�oceedings such �t�•', .
<br /> � increase in assessmen� �" , � ���� ' �
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<br /> ' �.�. � . � tn ihe event ot the passage ot any law deductinglrom the value of real properry tor the purposes of taxation any lien , . ..
<br /> � / ``"�' ;�isreonorchanginginanywaytheiawsforthe2a�,;;�nofdeedsottrustordebtssecuredbydeedsoft►ustto�stateortocal � � ,
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<br /> '..;;�,.,,, , ,;; .pFrposes.orthemannerofthecollection�!2ny�s::�r;�xes,soastoaitectthisDeedof7rust,theholderottfiisDeedoiTrust
<br /> • !'���� r artd of the o��igations which it secur���.��i ha�^���right 10 dQclara ai!sums secured her�by due as ot a date to�e , . , ,
<br /> � � � ��s-; specifiect rmy�eot tess than 30 days' �r��^�n nat+ce to be give�tr Trustor by Beneticiary:provided,however,that s�ch � .
<br />� � election shall be ineNective ii Trustor is permit�ed by taw to p�y the whote of such tax in�ddition to all other payrr�nts . . .,
<br /> • required hereunder and it,prior to such specified date,does pay such tau and agrees to pay any such tax when hereatter •
<br /> leviea or assessed against such property.and such ag�eement shall constitute a modi(ication ot this Oeed a1 Trus� '�
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<br /> ,�;;t; FUNDS FOR TAXES AND INSURANCE:It 8eneficiary shall so request,Trustor agrees that there shall be added to the � .
<br />;. � ,:s;-` periodical payment required to be made hereunder an amount estimated by Trusted to be sufficient to enabte T�ustor to :_
<br />�'�� � • •pay.et least thirty(30)days before delinquency,ati general and special taxes.assessmertts�,or other pubtic charges
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<br /> ` 2gainslsuchproperty,tt�e�omissoryNote,oruaar��ronaccountofthedebtorthelienotthisOeedolTrus�tagetherwt
<br /> f �'`� premiums for inaura�ce�e:�::ired to�s prov�ded r�Ty°�this Deed of Trust and alt mortgage insurance er guaranry fees,
<br /> ` premium8 or 9lmilar charC�s arsl r.�i.r��rest sh�:�be payab:e to Trusto�in reapect thereot Upon demand by Trustee,
<br /> i Trustotsha�►de�ivertoTrt�stee�uchG�2.tionalsu^isct,.-�cr.Efasarenecessarytomakeupanydeficiencyfntheamcunts
<br /> , � + necessary"to enabfe Tr4s'�?to pay any of the torc-�s�,�^�.r��cr.s. • '
<br /> � SUMS AOVANCE�TO 6EAR INTEFtEST:to pay�:;.rnediately upon demartd any sums advanees or paid by Beneficiary
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<br /> ` , �rTtustee underany clause or provisian of this DeeQof Trust.Any such sums,untii so repaid,shatl be secured hereby and
<br /> • b'�arinteresliromthedateadvancedarp�idatthesamerateassetforchinsuchPromissoryNOteartdshallbesecuredby ,
<br /> i � � � �tftis Oeed of Trust , . �
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<br /> • � ASStGNMENT Of OEPOSITS:That as additianal security if this be a construction loan,Trustor hereby lransfers artd
<br /> - - -- - - � a�igns tv Benslici�ry du�ing aant;nuance of these Trusts,all right.title and inierest to any an�all monies depasited by
<br /> ' ' f Trustor of deposited on behalfof Trustor with aay city,counry,pubt�c bcdy o�agency.sanitary distric�,gas and/or etectric
<br /> - . � `• - company,telephonecompanyandanyothertrodyorage�cy,fortheinstattationortasecuretheinstattationofanyutitiryby
<br /> . � � Trustor.pertaiNng to this ptoperty. ' • '
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<br /> ' � FAILUREOF7RUSTOAjdCdMPLYWITHOEEdUFTEiUST:tntheevertt�rustorshontdfailibmatceanypayment,orto =- - -_----- --
<br /> � � do any act as provided i�this Oeed ot Trust.or tait to pertarm any abligation secured by fhis Oeed ot 7rusR ar do any act
<br /> , � F .trustor agreed not to do,Beneficiary.but without o6ligation so to do and without notice to or demand upon Trustor and . ,
<br /> . � � ( withoutreteasirtgTrustartromanynbligationhereofandwilhoutcontest�nglhevatid�tyoramountoftResame,mayta}pay. .
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<br /> �� .�S -��---"`-� make or do Oi��rtt�in such martrter and to suctr exter�t as�f rTray cieer�t s��c�ss8ry ta�xotesf#h�s��iZf ace : - � ---- - ----
<br /> � ' � 8eneliciary.being aulhorized to enter upon such properry for such Purposes. and fb) pay. purchase, contest ar
<br /> � ,� compromiseanyencumbrance.chargeorlien,wh;chinitsludgerrremisorappearstobepriororsuperiorhereto.andtc)
<br /> �,. . irt exerelsing any such power,pay neoessary costs.fees.and expenses.employ tounsel and pay caunsel's reasonabte
<br /> ' � fees.Trusior aqrees tv repay any amount so expended aa demaad afiBeneficiary. .
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