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<br /> (d) Th� p�y�eet of any Eutur� adv�nca• n�c�asary to prot�ct th� a�curity or �tny futur� �
<br /> - advanc� ivad� at th� option of th� parti�s� and
<br /> 3_ (e) The performanc• of •a obliQ�tion of my other perso� namea ia thi� Tru�t Dt�d to • ¢
<br /> b�o�f iciary.
<br /> —,�.� TO PROTECT THE 36CURITY OF TNIS DEED OF TRUST� TRUSTO[t HERBBY CONVENANTS AND ACREES
<br /> _--= A3 FOLLOWS:
<br /> �`�==-7""� 1. Payment of Principal and Interest. Trustor shall prornptly p�y ahen duo the principel
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<br /> - -- --- oE snd intereIIt on the indebtadness evidenced by the NOTE, and all otlier chargea and ees as
<br /> � -�.�; '��' `�`" provided ia th� NOTE. and the principal of $nd interest on any Futur� AdvaacQS secured by
<br /> �II�_..�.�;,�..�..�,;,� this Deed of Trust.
<br /> : ��"�':�,` ' 2. Warranty oE Title. Truacor is lawfully selzod and posseased of good and tndofeasible
<br />' � ��� title and estate to the Property hereby conveyed and has the right to grant and convey the
<br /> ��'""�"E '..; Property; tho Property is free and clear of all liens and encumbrances except liens �iow of c
<br /> ''M'' • ��' ' recordi aod Truscor will warr+tnt a�d deEeod the title co the Propocty against al l claim�
<br /> ��� �•�'� �� = snd demands.
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<br /> �".�� 3. Maintenance and Compliunce with Laws. Trustor shall ke ep the Property 1n goocl condition` -
<br /> • and repair and shall not comntt auste or permit�•[mpairmene or deterioratio� of the Property
<br /> - • „ and chall comply with che provisions of eny lease if this deed df 1'rust is on a leusehold. _�__
<br />_ _ No improvement now or hereafter erected upon the Proper�y shall be altcred, removed or --
<br /> demolished without the prior written consent of Reneficlary. Trustor shall comply aith all
<br /> laws� ordinances, regulations, covenants, conditions and restrictions affectin� the Pro�erty
<br /> " ' and not commi[� suffcsr, or permit any act to be done in or upon the Prope�ty in violntion �f _
<br /> � �'_._______ any law, ardinance; regulation� cove�ant� conditton or restriction. Trustor shall complete
<br /> •� . or restore promptly and in good workmanlike manner any impcovement on the i�roperty which may
<br /> be damaged or destroyed and pay, when due� all claims for labor performed and materials �'"�
<br /> � furnished therefore and for any alterations thereof. —
<br /> [�,�"
<br /> �:_
<br /> : k. Tnsurance. Trustor. at its expense, aill maintAin with tnsurors approved by -`
<br /> ' Beneficiary� insuronce with respect to the Improvements And personAl property. constitutfng
<br /> - � ' the Property, against loss by fire, li�htning, tornado, and other perils And hazurds
<br /> covered by standard extended covera�e endorsement , tn an amount equal to at least one hundrod �n..,
<br /> �si . percent oE the Eull replacement value thereof and insurance aguinst such other hAZards aod !n �
<br /> •'�' such amounts as is customarily cnrried by owners and operators of similar propercies or As
<br /> ' `'" Beoeficiary may require for ics protection. 7'ruscar will comply with such other requiremrnts �
<br /> , •• as IIeneficiary may from timc to time requcst for the proteccion by insurance of thc interests '`�
<br /> ` �� , of the respective par[tes. Al l insurance pol icies maintaineJ pursuant to this Deed oE 'Crust �
<br /> � shall name Trustor a�d Seneficiary as i�sureds, As their respective interests may appear, and i�,.
<br /> • �"''�•' � p rovide thnt there shall be no cancellntion or modtfication wt�hout no less thnt 15 dnys � �
<br /> ' ' prior written noCification Co Trustee ancl B�neficiary. In t}ie event any policy hereunder ts �,.
<br /> not re�ewed on or before 15 doys prtor to ics ex��irnt.ton clate, 'frustee or Deneficiury may p
<br /> procure such insurtt�ce tn accorclance aith the provisions oC pnragra��h 7 hereof. 'frustor r
<br /> shall deliver to BenefiCiary [he ori�inal policii•s ol insurnnce and r�ncwals thereof or memo ,•
<br /> ' capies oE such policies snd reneaals thereof. F�ilure to furnish s ucl� InsurAnce by Trusloi , �
<br /> • or renewats as required hereunder shall At the optio� of Beneficiary, constttute a default. .
<br /> ! 5. Taxes, Assessments, nnd Chargcs. '1'rustor shall pay all taxes, nssessments and otlier
<br /> '• , j charges, includ[ng� without Itmtta�tun, [Ines nnd lwposttiu�is uttrtbu[.iblc [o thc Property,
<br /> � ; and leasehold pnymen[s or ground rents, f f r�ny, beForc thc same becomc dcl inquant. '1'rustor
<br /> s hall promptly furnish to I�eneficiary all notices of amounts due under this para�rnpli, and
<br /> � i� the event Trustor sliall mukc ��aymont di►•ectly, 1'rustor shall promptly furntsti to Dcacficiary
<br /> �, receipts evidenctn� such pnyments. '1'rustor shnll � all taxes anJ nssessments whtch may be S
<br /> P� Y
<br /> ' . tevied upon Bc�eficiary's intcrest hercEn or upon tlits 1)er.ci ot 9'i•ust witt�ou[ regard to any 1aw
<br /> • • that may be enac[ed imposing payment o[ tt�c wt�ole or any part thcrcof upon the Benefictury.
<br /> � ,, �I 6. Additional I.iens and Pror�crton of lfrncitcinry's 5��curity. Trustar shnll m�ke all
<br /> �� f payments�of interest ond principal aod paymen[s ot any other charg�s, fees and expenses con-
<br /> °a„ � [racted to bc patd to any existing IienholQers or prior beneftciarirs under any priar dced
<br /> .. _a .,, ..�.
<br /> . - ...- ---- � -� - Of CCUSC OT IIIOCC�BsC deiore (I1C CI.iCP Ctley a�e uvi inc�atcni unu �ii um�ii �y �•.ij% u��.. .�.�....+:b� �:j
<br /> ' . � and all other liens, clatms or charges ahich may be jeopardize the security �;ranted h�rei�.
<br /> If Trustor fails to mnke aoy sucli payment or tatls to perform any of ttie cov�nants and
<br /> ., � agreements con[ained tn this Dced of Trust, or in nny prior mortgage or dced of trust� or if
<br /> � any action or proceeding is comme�icvcl which mc�trrfnlly �itects Ifenatictary's i�teres[ in [he
<br /> ; � Propnrty.includtng. but not IimitrJ to, emirn�nc dom:�in procecdings. or proceedings involvinb
<br /> i a decedent� or if 7'rustor fails co pay 'frustor's debts �;cneral l y us they become �ur� th�n
<br /> � Beneficiary� a[ Beneflciary'� option anct without nut[ce tu or Jemand upon 'l'rus[or nnd
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<br /> - (2)
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