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<br /> . Flf�f:,GASIJ�L'P'Y,AN�O'�N�R IN;'sUFiANCE:To keap such property in�ured against loss ar damage by flro and other . , "' _
<br /> rlsk o►•rin{i;�whir.i�,i�� th�ez�l�opinian ot Bonoliclary�huuld ba in3ured t�gninst,undor policle�of insurn�iGo with luss • 'iy
<br /> �ay�ttl��ta F���i�r�ticlnry In 4ov�a,amosmt nncl c�mpanion r�cceptable to Donefic+ary.Sald�olicios ahall bo dolivorad Qo and � , ?-
<br /> re�nn4t in►r��:tti5;�{n�7 ti1��maf iGi�ry�r,furtl�er sccurity for tho falthlul performanc;o of these obI i�atf ons,which dolivary shAU =
<br /> .,',1 ° *' . � aonntltut��an aosiflnmon7 by Trustar to Benoficlary o}all right�thereunder,including�11 retum premluma;to deliver fo �� •
<br /> �� . Eutrt�rflaltiry a policy ar po!i�i9s ronowing or extonding Any expiring insurance with a recelpt showing premiums pald at �� •
<br /> �� IHttat thhty(30)duys bof�ra oxplration.lf Trustor fails to so delfver eny renewal policles,6eneficiary may procure sucl� � . .
<br /> fnnurnnao as it may att�ct Anai m�y mfllce payment of premiums thereon,which payment is repayable on demand.Neither � � ,,� .'_>�
<br /> ., T'�unt��nc�r O�n�ficlAr,���a!!ba rQ��annsible for obta!ninfl or mnintalning si�ch insurence.Beneiiciary,from time to Nmo, .
<br /> •;; muy lurnleh to�ny Insur�no�agancy ar company,or any other psrson,any Informatlon contained In or extr�ctad irom any .-.:.-•�����,,. .—'
<br /> innurr�nae policy thorota4pr�detivoroc7 to Beneflciery pursuant heroto,and any information concerning the loan securad _. _ _.
<br /> ., . � ' h�r�by. In no event and �ti�y�pther at not default horeunder has occurr�ed shall Beneficlary, lay the tact of approving, ,1,_ • _
<br /> �-�:"'... (�; Aaaepfinflarobtaininpsu�hlnauranc�,incurenyliabllltyfortheamoun4ofsuchinsurenca,theformorlegalsuificiencyol • _
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<br />• `�'�' �� ,. � innurenr,o contracts,sol�an�y o}insurarn,ar pAyment of losses by insurors,and Trustor hereby expressly a�sumes full '
<br /> • �d, r�Aponalbility thereforo and Ilahility,if�ny,ther�under.In the event of loss,Trustar shall give Immediate written notice to .
<br /> , • � E1anc�flclnry,and Benefia6l�ry�may,but ia not obtigated to,make proof of loss if not madepromptly by Trustor.In case ot any ;, :�,'.".��i.� :' -
<br /> lu�s tho amountcolioctod under any qalicy of Insurance on such property may,atthe option of the Beneficiary,be applied �� �::.:':•;:��+��: ''
<br />- ' by�aAnaflr.la uponan I�sl�btednQSSAnd/orobli ation�ecuredhereb an dinsuc har deran damountasBenaficia ma �`'�a�s " '
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<br /> • dnt�rmina; or said amau�t or any pc►riion theroof muy, et the optbn of tho Beneficiary,either be useci in replacing or --T.'Y.����'�7,•; .-
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<br /> rr�t�tarin4 tha improvemonts partl�lly ar rotally destroyed to a conciition satisfactory to said�aneficiary,or ssid amount or ..:�T��-�==
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<br />: � � any portlon thereol may be releasad to the Yrustor. In Rny such event nelther the Trustee nor the Benoflcfary shall be *��+:-'�" -
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<br /> ,.�. � • � obOgated to see to the prapar applicatlon thereof;nor shall the amouc�t so relo�:�ed or used be deemed a payment on any ��;�_�_�_------
<br /> � j i�adebtedness secured h�rak�y.uuch applicatlon,use and/or release shull notcUreor waivoanydefaultor not#ceof default �`�t;r:-�=�� - -
<br /> � - horounder or invatidato�ny act don�pursuant to such notice. Any unoxpued insurance and all returnable insurance �'�'� ���-�-
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<br /> � pramtums shall insure to tha bonefit of,and pass to,the purchaser af the property covered ther�by atanyTrustee s sale hetd .��- ..�:•
<br /> � herr�undar.lf said property i:�sold pu rs�iant to the power oi sa{e contained heref n or pursuant to any deCree ot foreclosure, ''��%���:°�--.-
<br /> allriqht,titleandinte�estolYrustorinandtothepror.�edsoifireandotherinsurancepolicfesiordamageprfortothesale, ��'�''�''`---'T'�
<br />- v�hfati proceQds are nat rocesved�rior to the date o9;aid sale,shell belong to Beneficiary,Trustor will ec�mply wfih such �'��r'T""v'��--
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<br /> • ath�r rQquirementsAnd prAV:do such othertype of insuTance as Beneficiary may requirefrom time totimp uvrtho protection
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<br /> by inAUrc�nce of tho Intmrp;3 ottho rQSpective parties hereto. �;������:::_
<br /> •' �'�;;. TAXES AND OTHER Sl1MS DUf::'To n ,satis and dischar o,at least to ten(10)days be?ore delinquanc all eneral ���.r���' —
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<br /> , and specfal texos and s�Wo�sments and othsr public chargn�,and fn no event later than the date such amounts become e� :
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<br /> �' du�o and to turther pay whan due or r�rryuostod:(1)all encumbrances,charges and liens,with interest,on such praperty,or 1 r s �r.
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<br /> '�•.�� and expenses ofthis trusf,w�ether ar not described hereln,(3)fees or charges forany statement regarding the obligation " , �r
<br />• ���5����` secured horeby in any amve.int demandec9 hy Beneticiary,not to oxceed the maxfmum amnuni aliowed by law theretAre at �
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<br /> � thetimewhensuchraqu�sti�made,(�S)suchotherc:hargesasthe8eneficiarymaydeemreasnnableforservicesrendered ;t •
<br /> by Beneficiary and fumishod atthe rQques3 of Trustor orany auccessor in interest to Trust�r,(S)it suoh property includes a c• �
<br /> , ' le�sehold ostato,aIl payr�►vnts and obfigc�tlons r�qulred o}the Trustor or his successor in inia�rest under 4he terms of the ."�;}�
<br /> ��;°` fnstrument or fnstrument�creatinq such leasehold,(6)all payments 3nd monetary obligatinns requlred o1 the owner af �;,?';� • �
<br /> . , such property undor Any tlocl�rati�n of covonants, cur�dfUons and restrlctions pertaining to such property or hny �„ :+
<br /> modiflcatlon theraot;(7)all mortgagm insurance or guaranty fees,premlums,or cha�gds of any nature pertaining to s�ich ,, • :
<br /> , proparty.Trustoragrees to notify Ken�ticlary immediately upon recelpt by Yrustor of notice otany increase in the assessed -c��;.
<br /> ' � v�lua of such property and�c�roes th�t Heneticiary,in the name of Trustor,may contest by approprlate proceedings such �
<br />' ' Increase in assessment , � �
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<br />. ' � In the ovent of the passagm oi any IAw deducting from the valu�oi real property for the purposes of taxation any lien . .�`*;-;;,�"/__'�
<br />- ,.•. , thereonorchanginglnanywaytholarvsforthataxationofdeedsoftrustardebtssecuredbyd�edsoftrustiorstateorlocal , ����'��, :
<br />_ �' pu�•�ooses.arthemannoroithaC011ectfonofanysuchiaxes,soastoaNectthisDeedofTrust,theholdorofthisDeedofTrust ;; ; ;
<br /> �� � � �eao1 ot tho obligatlons whlch It socures shall have the right to declere all sums secured hereby due as of a date to bo ', �.'�� �
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<br /> ' �`1�• specified by not loss th�n 30 days' wrltten notice to be glven to Trustor by Beneficiary;provided,howaver,that such � - .�,r,:��� •�
<br /> ; � electlon shall be(nofiectov�a (f Trustor Is permitted by lew to pay the whole of�uch tax in addltlon to all other paymants :. � .� _ _
<br /> - requlred her���nder and i�,p�ior to su ch speclfied date,does pay such tax and agrees to pay�ny such tax when herea'!tsr �-��� .
<br /> , ';��s; I�vied or assessed agafn�t�uch pro��crty,and such agreemont shall constitute a modlflcation ot thls DQed of Trust. ,�• ,
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<br /> ':� FUNDS FOR TAXES AND INSUF�ANCE:If Beneflciary shall so requost,Trustor agrees that there shall be added to the
<br /> • periadical paymont roquovod to bo mflde hereunder an amount estimated by Trusted to bo saNiaient to e�able Trustor to �.�:
<br /> . pay, at least thirty(30)day5 boioro detinquency,all general and special taxes,essessm�nts,or other pubtic charges `', �
<br /> , � against such propQrty,tho Prornissory Note,or upon oron account of the debtor the Ifen of 4his peed of Trust,together wtth ' �' � .
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