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<br /> . - � � _.• wife� artd payabte to the order of BENEFtC1ARY.together with interest thereon, tate �_�. � . �{�.��
<br /> , � - cnarges,an d prepayme n t b onus e s a a A r d i rt g t a t h e t e r m s o f th e P R O M I S SORY NOTE _ . -� " .
<br /> � �� . a n d a(i n e n e w a t s.extensions.and madfit�ans thereof. TRUST�R acknawledges that `� :� " _�___-�___,__v`
<br /> � � ��- � saId Note is a ren�wai of a prior Note between TRUSTOR and BENEFtC[ARY, dated _ ��-,_
<br /> � February 1, 1990. ` . . . ,��~_
<br /> ::-.��<�
<br /> � ' B. Performance. discharge of and oampliance with every ob6gation, �.���i. ,. ,. y: . �,� -
<br /> � , -� . covenant, and agreement of TRUSTOR incorporated by referenc�ot contamed . .� .�.;-...�:�„ r.-
<br /> • herein or in any other Securiiy Agreement or Deed of Teust at any time given to � , _. ��z
<br /> � �, �� . , �ecure any indebtedrtess or future advances or future indebtedrtess he�:by secured. . °.�^_:�;.�,;-___
<br /> � � �. � or any pa�t thereof. and the loan Agreement. , =�*°-'�:.:"�
<br /> . . . . . `��.r�.
<br /> _ �. � C. Payment of all fees and charges of BENEFICIARY. vu�ether or not set , . � '`� , ,_
<br /> .'..� _
<br /> —-----, • : -- - � forth herein: _.i-.--.- --.,.=�_. _ :=_
<br /> �.� .�� --
<br /> �.: TO PROTECT TFIE fiECURITY OF THiS'DEED OF TRUST. TRUST�R �,� ,� � •::'�� _
<br /> ' COVE{�AN7S: ' . � � .,-
<br /> , . . . _�=.
<br /> • - '� -- -- � �. �: 7hat it is the equitable awner af ti�e to SUCH PROPERTY, and - �- y�'�*��'
<br /> ` ' � wiA fore�er warrant and defend the t�le thereto against the claims and demands of al! ,� .� �� � - =
<br /> � ���� ' � � persons w hosoev e r,t h a t i t w i l l, a t i t s e x p e n s e,m a'�n t a i n a n d p r e s e r v e t h e l i e n o f t h i s '., �� � ��
<br /> ' _. . . , Deed af'�nist as a lien upon SUCH PROPERTY. `:►
<br /> '. � �2, M�i�tenance: To Keep SUCH PROPERTV in good condit�an and �� � �:;�,�..� '���`�` .���
<br />" - :���f� � � ~� repair, to c:omp!�or restore promptty and in good and �vorkmanlike manner any ,.,,...,•�.� ,
<br /> building�vhich ma��e constructed, damaged or destroyed.tfiereon and to pay,when •.;;��:;,•,.;.� . ,
<br /> � , � --- � c9ue, r� c�aims for tabor petformed and materiats fum�shed therefior and for any ,{;�: �
<br /> � � ' alteratiuns thereof; to comp(y with the provis[ons of ali insurance poticies . �=�f� ����`
<br /> :---•
<br /> � • � ' � covering said premises;to comply with all taws, ordinances, �egutations, covenants, � ' 'yr` � . .
<br /> � conditions and restridions affectrng SUCH PROPERTY; nat to rennove, demolish or [ � ;:��s;;��=.�.��,'�� .
<br /> � � �� materialty�alter any building, or the character or use thereof at any time thereor►; not '. �. . ::,,��: . _
<br /> � t o d ri l l o r e x t r a c t n o r t o �s n t 3 t t h e d r illing for er extraction of oil, gas or other ' �Y�'z �_'��
<br /> •� hydroca�bon substances a�a�y materiai o f any Ecind untess the writ�n consent of ' � ;° �: ��,���
<br />-. � � - -
<br /> �� BENEFICIA92Y is first had and obta�ned; rtot to commit or pennit any waste.4hereof or . ��y �;��',�;r. :�-
<br /> ;:;;:, �, any act upan SUCH PROPERIY in violation of law; to d�all other ac�s�n a time[y :,:,. • . "�-
<br />' ���<:�� . � . and proper manner which from the characte�or use af���H PROPERTY may be � tf.�_�
<br /> � � � �easonabty necessary to protect and preserve said security. the specific � �� �.. _ ;_ •• . � � -
<br /> � � enumerations herein not excluding the general. ? . • ����
<br /> `�� � � ' � �;�;
<br />. , .__ 3. Fire an Ca ualtv_Jnsur�a�ce:To keep SUCH PROPERIY and the � �, •�.. � �,-:�
<br /> � �� . buitdings artd amprovements now exis�e�g or hereafter erected on such property ins�red , :. �-�ra
<br /> _ � � � � against bss or damage b� �ire. windstorm, and other hazards, casual�es, and � ':�,= ' . -�""
<br /> ' �► � � � - contingencies. vandafism, ac�� mal�cROUS miscl�ief as are usualty cove�d by extended C� • . �
<br /> ��; � . ' . ' �,° ..:
<br /> . covera�e, poiicies far the full repair and rep(acement value, withau2 reduction fo�
<br /> . , . deprec�atton. with such companies, in such amourtts. and for suah periods as ;�� � : :' .,,�
<br /> ' � BENEFICIARY may require, and TRUSTOR will p�omptly pay any premiums on such ��. y :�
<br /> �� �'� � �.� .'� insuranoe when due. BENEFICIARY may, at its sole discret�on,requ'ire TRUSTOR to f� �. �.. : �.; x�
<br />-_ , � provide other. �fifferent. or additlonal insurance coverege, including, without lim+tation, ;
<br /> �� �� , . . earthquake or fleod insurance. TRUSTOR shail deliver to BENEFICIARY polic�es. ��-
<br /> ; ; , ri � � cert'rficates,or endorsemer�s of such insurance with lass payabte to BENEF'ICIARY and ��
<br /> � '. the holder of any prior. lien in fdrm� amount, and compan'ces acc�ptable to . ::.,�
<br /> ;� �. � .� BENEFtClARY. Such poi�cces or certifrcates shall contain rov�sions that no such � . ,::`�
<br /> insurance may be canceted or decreased w i t ho u t t h irty (3 0� da�►s w r i t t e n n o t l c e 4 0 _� '�
<br /> � . . . � � B E N E F I C I A R Y. Saisi poltcies shall be delivered to and remain m possession of . ,� :�
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