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,� �• ' .. • •:Mi Md�U!�.ro .^�•,r-.. �fe.y. '��p,.,:...n.,.mr. �.ptwYr++vK)wK.wrwV:-.+-'.:.-..�'==":� .- � _..- --- - .. .. ,�.. .�.af `� �/-r s,.r 7� -,.w. '°- ,_..:- _�__—____-__' '__ — , -__ _- .- - . �.,f:.-^t� r�fYY�Rf'�4'. .:_�."'_.. . .� � . . . �..._- __ ,._. -_ 11lRtY� ' , / n. . ��. h „ .. . . � � � .�1 /� . �!F�i�'_. . . _ � - . t�' . .. . . __.�"__ '.'. . _ . .. .. � ...._af.._...._...�._ . ..._`___—�___ ,� .•.� r.� . 2. Performance,dischargo of ond compliartce with every obligatton,covenant,and agreement of Maker or �_�_�_�___ Trostar incorport►tctd by refarenco or c�ntained hereln or In any other seturity agreement or deed of trust at any time� � . _ � ., given to seture any indebtedness hereby secured,or any part thcreof. � �,�.�,,,,,,�� 3. Payment ot all tees and charges of Beneficiary,whether o�not set forth heref n. � �+k�.�-�.__.� � TRUS70R CONVENANTS: °L=-�'-"'=�=== " TO pROTEf.T THE SECI�NiTY OF THIS O�ED OF TRUSS, Y-, � d*-.s;�`;.«.-_>:�- '' Titlo: That it is lawfully saized and possessed of a good and indefeasible title and estate ta such propeny in fee �_�e�w4�--- sim ple and wflt forever war�ant and detend the titie thereto against the ciafms and demandi of aH persons� ��=.�.;x�,��;-=-,._� � whosoever; that it wfti,at its expense, ma fn t a f n a n d p r o s e r v e t h e t i e n o f t h i s A e e d o f T r u s t a s a l i e n u p o n s u c h ., �,..jAY�___ „ propertY• rAi :;.��?,,�;�. �,., Prior Ltens: To pay any interest on and maturing instaliments of principai due on any prfor mottgage or deed� � -. - ,. ., . :.,, � � �� of trust,and to perform alt things required of him under the terms a�d conditions of any prior mortgage or deed of � ,. . -� • trubt. Beneficiary may,but sheli �ot be obiigated to,make any payment or perfarm any other act or obligatton . • �equired of Trustee or Trustor by any such prfor mortgage or deed of trust. Any amount so paid or expended by : �� Beneficiary shail be immediately repayable to eeneficiary together with interest as herein provided. •� Malntenance: To keep such propeny in good condition and �epair; to complete or restore promptly and in , , -- good and workmanlike manner any buitdfng which may be constructed,damaged or destroyed thateon and to pa�, when due,all tlaims for labor performed and materiais furnished therefor and for any alterations thereot;to comp y T- „ .. � with the provlsions of ali insurance F.olicies covering said premises; to comply with alt laws,ordi�ances,reguiations, �� covenants, conditions and restriaions"afifecting such property; not to �emove, demotish or mate�lally Alter any -,:� .� huilding,or the character or use thereof at any time therean; not to drill or extract nor to permit the drilling for or :�••;� .,•:•,-�1;-" ;�..�._ extraction of oit, gas or other hydrocarbon substances or any materiai of any kind unless the written consent of �• ,�,...:_-�•- ��,.��T'.;� ' - Sanefitiary is fErst had end obtained;not to commit or pe�mit any waste thereof or any act upon such propotty in __,._ violation of law;to do ail other acts in a timeiy and proper manner which from the character or use of such property �-�•Y -- may be reasonabiy necessary to protect and p�eserve said security,the specific enumerations herein not exciudi�g the �:��:.�"� � general. , ,. Construdion of Improvemente: To comptete i�good and workmanlike manner any building or improvement „ �� .�a?;�;'� � ot repair�etating thereto which may be begun on such property or contempiated by the toan secured hereby,to pay y, : when due ati costs and liabilities in<urred therefor, and not to permit any mechanic's lien against such propeny. � �.!� . ; Trustor also agrees,anything in this Oeed of Trust to the contrary notwithstanding,(a)to promptly commence work �. ��, ,� and to compiete the proposed improveme�ts promptly, (b) to complete same in accordance with plans and _ •�.. specifications as approved by Beneficiary,(c)to compiy with ali of the terms of any buitding toan agreement between � ' ,+ 4 �� Trustor and Beneficiary,(d)to allow Beneficiary to inspect such propeny at all times during construction,and(e)to , �;:�;;�.� replace any wark or materials unsatisfactory to Benef�ciary, within fifteen (15) days after written notice from f � Beneficiary of such fact,which not�ce may be given to'fruetvr by reg�itarad or certlficd ��il,SBRt t0 TfUSt4f�S I83t � - �.� know�address.ar by personal service of the same. I � ` ' Fire and Cssualty I�surance: To keep such propeny insured against loss or damage by flre and other�isk or ' ;•� � I rlsks which,in the opinion of Beneficiary should be insured against,un der policies of insurance with loss pa yabte to i ;' � Benefftiary and the holder of any prior Iien in form,amount,and campanies acceptable to Beneficiary. Said policies ;;� ,� ' shal!be d:.;:v�:rd te and remain��possession of eeneticiary as further security for the faithful performante of these ; '� ,; � obligations,which delivery shall const�tute as assignment by Trustor to Beneficiary to aIl rights thereunder,includfng j , , �;�,: all retur�premiums;to deliver to Beneficiary a policy or policies renewing or extending any expi�ing insu�ance with a I ;,�� receipt showing premiums pald at Ieast thiny(30�days before expiration. If T�ustor fails to so deliver any renewal ; ;; � • polities,eenefitiary may procure such insurance as�t may elect and may make payment of premiums thereon,whith i �� r payment is repayable on demand. Neither Trustee nor Beneficiary shall be responsible for obtaining or maintaining t ,� � suth insurance. Beneficiary, from time to time, may furnish to any insurance agency or company, or any other i ; person, any information conta�ned in or extracted from any insurance policy theretofore delivered to Benefitiary � �%� � pursuant hereto,and any iniormation concerning the loan secured hereby. In no event and whether or not default . i hereunder has octurred shali Benefi<iary,by the fact of approving, accepting or obtaining such insurance,incur any liability for the amount of such insurance,the form or tegal sufficiency of�nsurance contrects,solvency of insurers,or payment of losses by insurErs,and Trustor hereby expressly assumes fu�l responsit�itity therefor and �iability, if any, thereunder. �n the event of loss, Trustor shall give immediate written notice to Be�eficiary,and Beneficiary may,but is not obligated to, make proof of Ioss if not made promptly by Trustor. In case of any toss the amount coilected , under any po�icy of insurance on such property may,at the option of the Benefitiary, be app�ied by Beneficiary upo� any indebtedness and/or obligat�on secured hereby and in such order and amount as Benefitiary may determine; or � said amount or any ponian thereof m�y,at the option of the Beneficiary,either be used in rep�acing or restoring the improvements partially or tota�ly destroyed to a condit�on satisfactory to said Beneficiary, or said amount or any portion thereof may be re�eased to the Trustor In any such event neither the Trustee nor the Beneficiary shall be '� obligated to see to the proper application thereof; nor shall the amount so released or used be deemed a payment on any indebtedness secured hereby. Such application, use, and/or retease shall not cure or waive any default or notite of default hereunder or invalidate any act done pursuant to such notice. Any unexpired insurante and al� returnable insurance premiums shall inure to the benefit of, and pass to, the purchaser of tfie property covered thereby at any Trustee's sale held hereunder If said property is sold pursuant to the power of sale contained herein or pursuant to any decree of foreclosure,al�right,title and interest of Trustor in and to�he proceeds of fi�e and other insurance policies for damage prior to the sale,which proceeds are not received prior to the date of said sate,shall belong to Beneficiary. ' Taxes ond Other Sums Due: To pay,satisfy and d�scharge,at teast ten(10)days before delinquency,a�l generat and special taxes and assessments affecting such property,and in no event�ater than the date such amounts become due, �11 all encumbrances, charges and I�ens, with �nterest, on such property, or any part thereof, whith are, or appear to Beneficiary to be prior to or superior hereto,(2)atI .osts,fees and expenses of this trust, whether or not described herein, (3) fees or charges for any statement regarding the obligation secured hereby in any amount , demanded bv Beneficiary, not to exceed ttie max�mum amount allowed by law therefor at the time when such _.�. � request is made,(A)such other cha�ges as the Benet�uary may deem reasonaoie ivr servicr�rr��ur�ru uy oc��o�y ' and furnished at the request of Trustor or any successor�n�ntern.st to Trustor,(5)if such property�ncludes a leaseh�ld ; estate, all payments and obtigations requ�red of the Trustor or his successor in interest under the terms of the instrumenL or instruments creatiny such teasehotd, Trustor hereby agreefng not to amend, change, or modify his leasehold interest or the terms on wh�ch he has such leasehold �nterest,or to agree to do so, w�thout the written , .i � consent of Benefici�ry be�ng firsr obte�nad, and(6)aIl payments and monetary ob�igations required of the owner of such propeny under any declaration or covenants, cond�Uons and restnctions pertaining to such propeny or any ' modifitation thereo�. Should Trustor fail to make any such payment, eeneficiary,w�thout contesting the va�idity or , amount, may e�ect to make or advance such payment togeiher w�th any costs, expenses, fees or charges relating . thereta, including employing counsel and paying his reasonable fees Trustor agrees to notity Benef�ciary immediately upon receipt by Trustor of not�ce of any increase m the assessed vatue of such property and agrees that ;• ,' Beneficiary,in the name of Trustor rnay contest by appropriate procesdings such�ncrease in assessment � . � tOtOtp 079 t91 o•q.i o�s � • I � • ' I