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<br /> FIR�,CASUALTY,AND OYHER lNSURANCE:To k�ep suc4i prup�ry tnoured aptilnrt low��r dam�p�by�ro�rM oa+�* .
<br /> - --_-�-- dak qtb�iae�J�kl�;In the aipte opini�n.qf BenMict�r�sh�ukl bs Ir�surrd asalntt und�K polloisR oi�nruranos with!ow .
<br /> -------_ -- puyan to ne��Ctery in torm,�mourtt and companlee ecaepte�ble to 8e�netiatary.Sild policte��utl�x dalw�r�d a and
<br /> _-- ��IninpasseetlonawBeneNcfaryamturthersoaurii�tortMr�ithtulperfoer�tanC�rr►fthw�ablZ�tlans,wlsicie�#e!iveryshall
<br /> cona9ltut�a�n asalpnmsnl by Truato�to Cs�nsticlary�ol a�� rl�'hri thereunder.inciudir�all�et�arn prs�nfum�;to d�slivN ta
<br /> B�nMiclary�poll�y o►policl�s ronewMg or sxt�ndin�arey sxpirin�insar�ncs with a rscsipt aht�wlr�g prhmlums p�ld�t
<br /> i6ast thf�ty(3Q)d�ye qafore expl�ation.If Trustor teli�to so d�11vK a�ny r�newal poilci�,BsnNlal�ry nnay pracure suc,h
<br /> In�unnc�a It m�y�1act and ne�y n�k�pwym�nt of premiumi th�r�on,which ptymant is rap�y�bls on d�martd.N�il��
<br /> r__ ., , T�uete�no�BieneticlarK ah811 be�elponeibis tor oDteMtnID a►malntalnin�such Inwraac�.Braisflclsry,trom tlmu to tim�.
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<br /> mayturniehtoanyinaur�nasagmcyorcampany�oranyotiierpsrct��,ae�ylnit�rmmt3ancantafpCdinorextra� c+m�ng .
<br /> fnsu�ence potiayth�ntotar�detiversd to�eneficlary pursu�nt hereto,and�ny Inform�tian concerninp th�la�n a�cund
<br /> �� hereby. in no ever�t nnd whether or not 6afeuit here�nder has nccur►ed shalt 8eneflchry;by the imct of approvinp.
<br /> acceptin�orobtaiRJn�suari inau►nnce,inaureny Uabflitytcrths smountoteuchlnsu►ance,thetorm o�lepal Rufflclency of
<br /> insurance aontracta,Qoivency af Insurere,nr payment of loases by Insurere,and Trwtor hsreby expreasly aaumes tull
<br /> __- ° � reaponsibDpry�heretore and iiability,it any.thore�nder.ln the event of losa,Trustor sh�N q(w tmmediate written notice t�
<br /> --- --_=-= 8eneflolary,and Beneficiary may,but Is notobtigated to.make proof of Ioss if notmade prompUy by Trustor.in case of any ` Y
<br /> _ �jiasatheamountaollectedunderanypofiayatinsuranceoneuahpropertymay.attheoptianalthe8eneflaiary.beepptied
<br /> —_ QbyBeneficiaryuponanyindebtednessand/orobligationaecuredhe►ebyandinsuchorderancfamountaeBeneflcEerymay
<br /> _ --�;� �.�determine;or said emaunt or any portion thereot may.at the option of tho Beneticiary.either be used 1n replaaing or
<br />---_ �--.� �� restoring the improvements pattialiy or totally destroyed to a canditlon satisfactory to aaid Beneticlary�or safd amount or
<br /> � any portion thereof may bo released to the Trustor.In any such event a�eithe�the Trustee nor the Beneftciary shaU be
<br /> -_� � obligated to seeto the properapplication thereof;nor shall the amount�o released or used be daemed a payment on any�
<br /> - ---m-:-� � indebtednesssecuredhereby.Suchapplication,useand/orreleasaahaNnotcureorwaiveanydetauttornotiaeofdetault
<br /> --�`_'`'=�y -~b hereunder or invatida4e any act done pursuant to suc h no t ice.Arry un e x p i re�d i n s u r a n e e a n d a t i r e t um abie Ms�+ranca � -
<br /> ��L�r�-��=��^ premlumsehalllnsuretothebenefitof,endpassto,thepurchaserofthepropertycoveredtherebyatanyTrustee'asaleheld
<br /> _ -�;'`� hereunder.if sald properry is soid pursuan4to the power of sale contained herein or pursuantto any dearee otforectosure,
<br />-4'r'`�'�� aii right�tiNaand interest of Troato�in and tothe proceeds offlre and other insurence policies tor damage prior to the sale,
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<br />•��:;A�=,°;�;�u,,=; ���� which proceeds are not recebed prior to the date of said sate,shail belong to Beneficiary.T�uator will compiy with such
<br /> , ,k� �, otherrequfrementsandprovidesuchotherrypeofinsuran�eesBeneflcierymayrequiretromtimatotimetortf�eprotecdon
<br />�K"`�'�`: by insurance otthe interest of the respective parties hereto.
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<br />_�;..;,,.;:: : TAXES AND 4THER SUMS OUE:To pay,satisy and discharge,at least to ten(10)days belor�delinquoncy all generml =-
<br />- and specfat taxes and assessmenb and other pubiic chargea,and in no event leter Man the date such amounts become
<br />'��� !:�-� dueand to turther pay when dueor requested:(1)all encumbrances,cherges and Ilens,w(Sh IMerest,on such property,or �__
<br /> °� any pa�t thereoL whtch are.orappear to beneflciary,in Its sole discretion,to be prior to or superior hereto,(2)811 costa,tees
<br /> `� `{'"'�'' andexpensesofthiatrust,whetherornotdescrfbedheretn,(3)teesorchargesforanystatementrepardi�sgfneviitigaUu� -
<br /> .�� �. :�� �:��� secured hereby in any amount demanded by Beneflciary,not to exceed the maximum amount allowed by law therefore at
<br /> " � � � , thetimowhensuohrequestfsmade,(4)suchotherchargasaethe6eneficiarymaydeemreasonableforservicesrendQred -_
<br /> ' '�`''���' by8enetlofaryandiumtahsqaltherequestotTrustororanysuccessorininteresttoTrustor,(S)iisuchpropertyi�c�udese
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<br /> ' `?:.;�>-� . ,, leasehold estate,a!i paym�nts and obligations required of She Trustor o�his successar in interest under the terms of the __,
<br /> `�f�``����•- instrument or instrumenta c►eating suah leasehold,(6�ali payments and monetary obltgatlona required of the owner of %•3L;
<br />'� '�"6 � '"' such roperly under an declaration of covenants,co ndltions and restrfctions pertaining to such property or any ?•
<br /> ���"�'���"��'`' ''�`:� modification 1Q�ereof;(7 y all moctgage insurance ar guaranty fees,premiums,or charges of any nature pertalning to such ��_�.
<br /> " �� �'�" �'��"�� ro Trustara reestonoti Beneticiaryimmediatel uponreceiptbyTrustorofnoticeotenyincreaseintheassessed --
<br /> �-�:•�.rl. :,�.-•.�j�r:�;c p PBMY• 9 �Y Y �:�.A
<br /> _. ...��..;� :�: value of such property and agrees that Benefleiary,in the name ot Trustor,may conteat by appropriate proceealinga such --._--
<br /> increase(n assessment �='°�=
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<br />-^'`"=" �•� -�1';`.f In the event of the passage of any law deducting from the value oi�esi property for the purposes of taxatio�any lien �,:,
<br />�T°"��•'"� ` '�;-'��' thereonorcha�ginginanywaytheiawsforthetaxationotdeedsottrustordebtasecuredbydeedsottrustforstateorlacai
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<br />- ";��;:� purposes.orthemannerofthecollectlonofanysuchtexes,soastoaftectthiaDeedofTrust,theholderofthisDeedofT�ust
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<br /> ;. ,: and of the obligations which it secures ahall heve the right to declare aii sums secured hereby due as df a date to be
<br /> � � ti� specifled by�ot lesa than 30 days'written notice to be given to Trustor by Beneflciary;provfded,however,tha4 such '
<br /> .�,r,'' . �� {._ electlon shall ba InsitecUve if 1'rustor is permitted by lew to pay the whole of such�x in addltion to afi bther payments
<br /> ����,:' n u h tex when hereafter
<br /> • •• .., . „ required hereunder and if,priorto such specifled date,does pay such tax and agrees to pay a y s c
<br />=��' `�' Ievied or assessed agafnat auch property,and such agreement ahail constitute a modificatlon ot this Deed of T�us�
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<br /> -�? -�_�.__ :>�-_ FUNDS FOR YAXES ANO INSURANCE:It Beneficiary shall so request,Trustor agrees that there shail be added to the „
<br />_ . '' g periodical payment reQuired to be made hereunder an arnount estimated by 7rusted to be sufticient to enabie Trustor to ;
<br /> pay,et teast thirry(30)days betore delinquency,aii general and speciat taxes,assessments,or other public charges
<br /> ' �- � ' agafnst such prope�ty.the P�omissory Note,or upon oron accountof the debt orthe ilen of thia Oeed ot Truat,together wi�
<br /> ,,, premiums tor insurance required to be provided under thia Deed ot T�uat and all mortgage insurence or guaranry fees, •;;;:
<br /> � , � • premiums or similar charges end no fnterest shail be payable to Trustor in respect thereof.Upon demand by Tnistee, ;;:;,_';..
<br /> .y , Yrustor shall deilverto Trustee such additionai sums ot money as are necessaryto make up anydefiCiency in the amounts �',`::`+�.
<br />` . � � ;._; necess;ary to enabte Trustee to pay any flf the foregoing items.
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<br /> �� �- ��� SUMS ADVANCEQ TO BEAR INTEREST:To pay immediatety upon demand any sums advances or paid by 8ene�clary
<br />�� a� �'' or Trustee underany clauseo�provision of this Deed ot 7ruat Anysuch sums,untit so repaid,shall be secured hereby and "
<br />� � � •� bear interest tram the date advanced or patd�tthe same rateas set 4oKh in such Promissory IVote and shall be secured by
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<br /> � ' '' '��� ASSIC3NMES�T OF nEPOSITS:That as addiNonal securiry it this be a construction loan,Truator hereby transfers and
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<br /> ., '"'. . 8$$1Qt1$ZO F{@11811CI8ry►dUl'Iflg COf1tIflU8flC9 O?Rl@9@ 1 fUSie,eit f1gR�.ttite7 6tt�utimvst iv aat�ji ant�au���'v�oaa vojr'vanw v� _
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