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200405003 1. Payment of Principal and Interest. Trustor shall promptly pay when due the principal of and interest on the indebtedness evidenced by the Note, and all other charges and fees as provided in the Note, and the principal of and interest on any Future Advances secured by this Deed of Trust. 2. Warranty of Title. Trustor is lawfully seized and possessed of good and indefeasible title and estate to the Property hereby conveyed and has the right to grant and convey the Property; the Property is free and clear of all liens and encumbrances except liens now of record; and Trustor will warrant and defend the title to the Property against all claims and demands. 3. Maintenance. Trustor shall keep the Property in good condition and repair and shall not commit waste or permit impairment or deterioration of the Property. 4. Compliance with Laws. Trustor shall comply with all laws, ordinances, regulations, covenants, conditions and restrictions affecting the Property and not commit, suffer, or permit any act to be done in or upon the Property in violation of any law, ordinance, regulation, covenant, condition or restriction. Trustor may subdivide the real estate at Trustor's expense. S. Taxes, Assessments, and Charges. Trustor shall pay all taxes, assessments and other charges, including, without limitation, fines and impositions attributable to the Property, before the same become delinquent. Upon request Trustor shall promptly furnish to Beneficiary receipts evidencing such payments. Trustor shall pay all taxes and assessments which may be levied upon Beneficiary's interest herein or upon this Deed of Trust without regard to any law that may be enacted imposing payment of the whole or any part thereof upon the Beneficiary. 6. Additional Liens and Protection of Beneficiary's Security. In the event that Trustor shall fail to pay taxes, assessments, or any other charges, Beneficiary may make such payment. Any amounts disbursed by Beneficiary pursuant to this Paragraph 6 shall become additional indebtedness of Trustor secured by this Deed of Trust. Such amounts shall be payable upon notice from Beneficiary to Trustor requesting payment thereof, and shall bear interest from the date of disbursement at the rate payable from time to time on outstanding principal under the Note. Nothing contained in this Paragraph 6 shall require Beneficiary to incur any expense or take any action hereunder. 3