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<br /> and in ,�uch amaunte ae is cuetomarily carried by ownere and
<br /> operatore of eimilar properties or ao Ben�ficiary may require for
<br /> ito protection. Truetor will comply with auch other requ3rements
<br /> - ae Beneficiary may fram time to time rQquest for the protection by
<br /> insurance of the intereSta of the reepeative parties. AZl
<br /> - insurance policies maintained purauant to this DQed of Trust ahall
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<br /> � ==_ - __ - ' name Truetar and Beneficiary as inauredn, aa their respect ve
<br /> - interesta may appear, and provided that there ehall be nA
<br /> cancellation or modification with lese than fifteen (15) days'
<br /> -- prior written notification to Trustee and Beneficiary. In the
<br /> --� event any policy hereunder ia nor renewed on or before fifteen (15)
<br /> �� daya prior to ite expiration date, Truatee or Beneffciary may
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<br /> - -------� procure euch inaurance in accordance wi�h the prov e ons o
<br /> Paragraph A.7 hereof, Truator shall deliver to Beneficiary the
<br /> original policies of insurance and renewals thereof or memo copies --
<br /> �=�--- �_� of auch policies and renewals thereof. Trustor ahall promptly -
<br /> : --_-�!�� furniah to Beneficiary receipta evidencing �uch payment. Failure
<br />. �—�� to furniah such insurance by Trustor, or xenewala as required
<br /> ... hereunder ahall, at the option of Beneficiary, conetitute a
<br /> '�,`�`S,i��:.�;i•����• default. � -
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<br /> '-��}�A 6. Taxes. Aeseasmenta and Chargss. Truetor ahall pay all
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<br /> ;„ r-:. .,�,� . taxea, asseaementa and other charges, including, without -
<br /> � ��"�����"'����' limitation, fines and impositions attributable to the Property, and —
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<br /> � ' �s.,`tt;,;,:�.:.._.., . leasehold payments or ground rentn, if any, before the eame become
<br /> •�y,�` � delinquent. Truator shall promptly furniah to Beneficiary all
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<br /> . �',..:. . . noticea af amounte due under this paragraph, and in the event _
<br /> ��='��> ���•� � '� Trustor shall make a ent directl Truator shall rom tl furnish
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<br /> ��= '� • .� � to Beneficiary receipta evidencing such payments. Trustor shall
<br /> ,���;;�:;�__ pay all taxes and aeeessments which may be levied upon --
<br /> " - � - - tseneficiary's interest herein or upon this Deed of Truet without
<br /> ,�,�.;. .: . regard to any law that may be enacted imposing payment of the whole
<br /> r,, or any part thereof upon the Beneficiary. �;_
<br /> 7. Additional Liens and Protection of Seneficiarv's
<br /> Securitv. Trustor shall make all paymente of interest and
<br /> principal and payments of any other charges, fees and expenses =--
<br /> _ contracted to be paid to any existing lien holders or prior ��•--
<br /> '; benef iciaries under any prior deed of trust or mortgage before the � '
<br /> date they are delinquent and promptly pay and discharge any and all �- ^
<br /> '�' other liens, claims or charges which may jeopardize the security
<br /> . ' � , granted herein. If Truetor fails to make any such payment or fails �p�'�:_
<br />." to perform any of the covenants and agreements contained in this ۥ_:-
<br /> � � Deed of Trust, or in any prior mortgage or deed of truat, or if any �;�`..
<br /> � action or proceeding is commenced which materially affects '�
<br /> � Benef iciary's interest in the Property, including, but not limited
<br /> �'_� to, eminent domain proceedings, or proceedings involving a �
<br /> ' +' '��� decedent, or if Trustor fails to pay Trustor's debts generally as E� _,
<br /> • , they become due, then Beneficiary, at Beneficiary's option and �.
<br /> � � f without notice to or demand upon Trustor and without releasing � �
<br /> �` � Truator from any obligation hereunder, may make such appearances,
<br /> ' disburse auch sums and take such action as is necessary to protect '
<br /> Beneficiary's interest, lien, and entry upon the Property to make
<br /> - ! � '.: repairs. In the event that Trustor shall fail to procure insurance �
<br /> :` � or to pay taxes, assessrnents, or any other charges or to make any
<br /> , payments to any existing prior lien holders or beneficiaries,
<br />:-; " Beneficiary may procure such insurance and make such payment. Any
<br /> ,;° ' - ��,;: . 1 amounts disbursed by Beneficiary pursuant to this Paragraph A.7
<br /> �� � shall become additional indebtedness of Trustor secured by this
<br /> - • .. Deed of Trust. Such amounts shall be payable upon notice from
<br /> - � Senef iciary to Trustor requesting payment thereof, and sha11 bear
<br /> interest from the date ot disbursement at the rate payable form
<br /> time to time on the outstanding principal under the Note unless
<br /> payment of interest at such rate would be contr.ary to applicable
<br /> - ° - '�-" -' �' - 1dW� 1I1 Wt11C:i1 CVCiII. �JLLCtl d[IIVLLilI.`J �Ildll tJCdL tI1LCS�Ci3C cIC CRe I11gRE5L
<br /> � , rate permissible under applicable law. Nothing contained in this
<br /> , Paragraph A.7 shall require Beneficiary to incur any expense or
<br /> f ;� * take any action hereunder.
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