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<br /> _.�"`,' . ,. ..,, TRUaTt�R CGVrNI1NTS AND ApR�f'S WITI-I L�ND�Ft �S I'OLL04iS: r`;"���
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<br /> -•"""`--�'�""�r'��� � All imdc�ti�dne�� aecured _
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<br /> 1. Er7.1►.]11�'nt of �11Si�kl�....S�i1�'.�R• �,_.,,,-.�
<br />"'�;�':.'�'.;--:::."�.; lnereby sha'll bs paic� when dua.
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<br />=;,;=,�:.z :•............: 2, ��g,. TruaCor is Ghe owne� of the Properey, hae r,he
<br />�°'°�Y%�`�^��w�'�'�c';. �i.yht and autiioritr.y to convey the Pro�erty and warr�nte that the
<br />;`�'-� �� ��•`" �� `� lien created h�reby ie a Eirst and r�rior lien �n the Property and �
<br />�ir�r'�=3���'' �'�%�L•� ` the execution and delivery of the Deed of Truet does not viola�e -
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<br /> _. . .l� r..,t�•s.,�.M1 .. � �_ ..
<br />�,n�L.��-. �h��:;;3�'„: any contract or ather obliga�ion to which Truutar ie eublec_t. .
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<br /> `��•� "- "'�-� ' before delin ent all taxea,
<br /> . n �rax -�. Iaeaes�menY.�. To pay �
<br /> .::.'' 3.
<br />���• �����'�� epecial aeseeemento and al l, othe.r charges againet the Proper�y
<br />-'��`u�• �''�. now or kiexeafter levied.
<br />� �,�:.�y;i�...�-.�.:
<br />����^�r;`.�:;�.r>,'; :
<br />,z�.;:f;°:.,�•�,.;:.: �:s.,, �, inat�_�ance. To keep the Property i.neured againat damage
<br /> � �'t'�`''"'"�-' •��^�°� � b fire hazarda includzd with the tertn "extended coverage" a�Zd
<br />=�.. . ..
<br /> �:'''�'F'�'-�'����`�� auch other hazards ae Lender may reguire iri amounta and with com-
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<br /> � panies acceptable to Lender, naming Lender ae an additional named
<br />_� ��,��:.�""�'?'.�s�'-"� insured with loes payable to the Lender. T� case of loee under
<br /> euch policiea, the Lender is authorized to adjuot, collect and
<br /> .` - . `�`""�' '' compromiae a11 claime thereunder and shall have tt,e opti.on o�
<br /> :��:•;,•? � . ., ,,,� apglying all or part of the inauranae proceeds (i) to any indebt-
<br /> :�.,M1� _ ednees aecured hereby and in such order ae Lender may determine, _
<br />"t'" ` ' � '~" (ii) to the Truator to be ueed for the repair or restoration af
<br /> - �,���- '
<br /> • � � the Property, or (iii) for any other purpose ar objECt eat9.efac-
<br /> � � � t�rv to Lendex without �ffecting the li�n of �hia D�ed of Trust
<br />=��'�'"`��"' '� '" �� ' for the full amnunt secured h�reby beto�-e sucn pdyinci�� e�e= ���%=
<br /> ,. ,_•- � � place. Any application of procesds to indebtedrxeee ehall not
<br />- � ' �� extend or postpone the due date of any paymente under the Note,
<br /> or cure any default thereunder ar hereunder.
<br /> . . •. .. ',zlr .
<br />�` ,�'� ,'• . •. �± '°� • 5, �Q�. Trustor ehal l pay to Lendc:r, in auch manner as —
<br />�`"���'!�'^'����-'��"^�•�• T,ender may designate, aufficient eums to enable Lender to pay ae
<br /> "'"�` ��''�^" ' " they become due in reapect to all taxea, aseesements �nd other
<br /> -�nclr7�'1�C:;�;;kr.'lu'vM.r. . � ..
<br />_ ,7,t,�,.„,�,,,,,._, charges againet the Proper�y. Further, upon written demand by �_-
<br /> ;�,;�.,�•- ,. � � Ler�der, Truetor ah�ll pay to Lender, in such manner as Lender may
<br />-'�����_��:;_�;°�;�,; : deeignate, eufficient suma to enable Lender to pay as they become �;�
<br /> ''-�'�`;-1 ' ' due, one or more of the tollov�ing: (i) the premiums on the prop- �:.
<br />�r.,�„��.•-�:,�r,.;,.:,; .•:,
<br /> - `=:�:,'�"""''"'`:r ' erty insurance required hereunder, and (ii) the premiums on any
<br />=:�'''"°'�`;"""""" � mortgage insurance required by Lender.
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<br />= �,s'_:���.:i�i,:,,�': • �. ."-;ai::�z�;;•.���e��i rB. 1nr9 �„m�i;ance �a;th 7��J�• Tru.stor '
<br /> �:.� _::`.. ���:•• `' � shall keep the Property in good condition and repair; shall
<br />-.:`i� . � �i::>:
<br />_ rt•r , � promptly repair, or replace, any improvemene which may be damaged
<br />= _�" • or deetroyed; shall not commit or permit any waete or deteriora-
<br />-'��'� . tion o� th� Property; shall not remove, demolish or substantially
<br /> alter any of the improvem�nts on the Property; shall not commit, �
<br />:`�':� �
<br /> ... suffer or permit any act to be done in or upon the Property in
<br /> ` . � violation of any law, ordinance or regu3.ation; and ehall promptly
<br />-w=_�.. „ . discharge at Tru3tox's cost and expense all liens, encumbrances I �
<br /> ar.d charges l.evied, imposed or asseased against the Propert� or
<br />_ „ � any part thereof. �'�
<br />-_- � - �_ Fm;r,�nt_Domain. Lender is hereby aesigned a7.1 compen�a- i
<br />���: � �ion, arrards, damages and other payments ox relief (hereinafter �
<br /> �=�; _'.::;' . °Proceeds"1 in connection with condemnation or other ta}cing of
<br /> "�'' - �� the Property or part thereof, or for conveyar�ce in lieu of con- ;
<br /> ��~_���-� J�' demnation. Lender shall be entitled at its option to commence , �
<br />,.:_.i._. � .
<br /> -F�: - appear in and pr�secute in its otim name any action or proceed-
<br /> .,;� „ ,
<br /> --� ___ _________� inQS. and shall also be entitled to make any compromiae or eet-
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<br /> ` tlPment in connection with auch taking or damage. Ir� �al� ���_-� _ -
<br />'`'�.�• any portion of the Property is so taken or damaged, Lenciez shall
<br /> " �^ have the option, at ite sole and absolute di�cretion, to apply
<br />} ' all such Px•oceeds, after sieducting r.here�rom alJ. costa and
<br />�� ' ' expenaes incurred by it in connectiorit�vith such Proceeds, upon
<br />��` � any indebtedn�ss secured hereby and in suah order as Lender may
<br />�" ' determine, or to apply all s�ch Proceeds, after such deductions,
<br />_�* to the restoration o� the Property u�orn such conditions a9 Lender
<br /> ,y may determine. Any app�ication of Proceeds L•o in3ebtedness skaall
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