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<br /> ----- g5-� �44466 ��_.sy_
<br /> �'-� oaitip an �aia in�urana� polioy in tuli whon th�y O�cora au�. 7111 notia�� i��utd by �.��
<br /> th� in�urana� aompaay y�rtaissia9 to any oltaapt� i�a ia�urana� aovssaQ� nad�s thtr -
<br /> �,� iarusana� polioy �hsil 0� urat eo botih araatos and 8�n�iiciary. svid�aa� o! �uoh �:
<br /> — ia��ra:►ao poliay �hsll b� dAliv�rad xo t!u e��lioiary. S�n�tiaias�y �hall fuv� th� :� �'
<br /> -- riqbt at any tia� to r�quir� Oraneor to nrovid� ta� 8�n�ticiary a aopy o! ruoh
<br />_--�-'`_�"°`°•' insu�aAa� polioy. toqatA�r aieh any �adta�nt� or tQdi�ion� to �uob ia�urane� polioy .
<br /> R�
<br />�-- --= and �vid�nao that a11 paym�nt� rsqairud to b� mad� ia ard�r to maintaia suoh
<br /> s- - iasurana� in lail lora� and ��teot hav� bNa paid in tull by aran�or.
<br /> -- �b. xa t�� �v�nt o! aay loss or d�struatioa ot Lh� prop�rty d��orib�d ia cr:
<br /> = thi� DeRd o! Trust by aay insured aaus�. asantor ehall hsv� th� right to �isot to
<br /> - u�� th� insweana� proaefed� psid or paysble to th� parti�s to this D�ad o! Tsust �s a �
<br /> s �.
<br /> - s�suiti o! •aid insurQd los�, to r�gair or reatoro �h� damaqad prop�rty, PROVEDED ;
<br /> TBAT and 02J CONDITION that,. Gra�ntas shali qivt 8tn�liviary writt�n noLie� o� ' ''�.-�
<br /> --- arsnto�'s is�t�a� to so us� �uah praofQds withiA thirty (30) day� ioilariiaq th� =•*�
<br /> "�� oc�urx�aa� oi suah losi. TM amount requir�d to repair or rostiore �uQt� da�aaq� ahall �
<br /> --'�'�-°'=--�`� b� tak�a l�rsti lram th�L po�etioA oP tho ir►suraaao proc�ds thae ar� payaDl� to .
<br /> _- �,r�� Gsamtor aad sch� r�maiad�r, ii any �hall tlwr�att�s M tak�n lrom that portion o! th� ;
<br /> ��,.�: � insvraao� proae�d� that ar� p8yabis �o B�a�iiciasy. in th� event that Gsaakor do��
<br /> ��.._�,- aot �l�ot to r�paie or r��tor� suah damaqed 8=oPartY or i! t�� amouat r�quir�d or
<br /> - �xpaadsd to r�pair or rostora ouah demago is laas tha�a th� emouae ot rh� insuraaa�
<br /> ;`,`,��� -.� psoeaQds paid or payabl� to tho partiQa as a rosult oi suah lo�s, ehen aad ic� tbat
<br />- �,-. evsnt all proaondo not u�ed to repais or ro�tor� th� duaaq�ed prop�rey ehall ba paid
<br />�'��•. and appliad ta tP� balana� du� na th� indobtednes� s�aured hQreby. ,
<br />;'�_�� ` .
<br /> .�� �,�' P� 3. To app�ar in ead defend any aetion or prooQ�dinq purpos�tiaQ to alfeat
<br />"���.R, the eeauritiy hereot or tho righta or powars o! 8oa�ticLary or Trustioe j and to p�y
<br /> ��i:�'���. all aost� and n�es, includinq aoet of ovidQaa� ot titla and attoraey•• faQS in a
<br /> , e .:,
<br />-•,�•.:�� . reasonabl� eam, a awy suah ech�iv� ar }}raassdinq 3a uhich Sas�l3a3ary or Trustee may
<br /> .:;,.:, - a��� �;t.
<br /> �,�•,�:;
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<br />�,�_.rJ��,,=� • �. To psy� at lsa�t ten day� bolar4 dQlinqueney ail taxes and asao�enents .
<br /> _ s•.- ' aifQatinq aaid proporty, when due, ali ancumbranaes, charqea and lieno, with
<br />��'•��x`� int�r��t, on raid pmperty or any part therQOf, which appear to b� prior os aupesior
<br />-':�.��i Y�,, heroto� all. aoRto, �eos and axponeee ot idis Truat. Za addition to tho paymQats
<br />`'%�1;:�° � due in aaaordaaa� with tho Lerma o! the �ote hereby sQCUre�, ia thQ evaat tirantor
<br /> _ lails to pay taxee or assesaneat�, inous�a� pr�miu�, maintenanaQ and otl�r ah�rq��
<br /> �."�� upoa th� proprrty oa a timely baeis, tho Graator shall at th� optioa, atad oa daaaaad
<br /> _"�,�=�'��"• o! the S�t�eiiciary, pay eaoh moAth 1/12th of th� eatimatQd sAaual tauo�,
<br />"`�.;,';� asso��awnts, iaeurance presaiums, maintenanas and other aharqes u�on ths property,
<br />��-��;,_��:�• a�vertheless i.:t tru�� tor arantor'e uee and benefit and Lor the paymeat by
<br />::,�`;j�w:.. S�n�tiaiwsy of aay euch items when due. Grantor's failure so eo pny ehall
<br />'��;�f`,-� con�iiut� a detault undor th�e Tr�sat.
<br /> =�;���
<br /> y���?� 3. To yay immediat�ly end withouti demnnd ali swns expended by Benefioiary
<br /> ';1=�;;�= or Tru�eae pur�uanti to th� provisions hereot� with intorest �ram data of eacpenditure
<br />, , �t thirtren p�rcor►L <13�) por annwn. .
<br /> =' ,� 6. Shouid qrantor fail to mako any payinent or to do any act aa herei�s
<br />:�:�,��`. � provided, tAsn Beneticiary or Trustee, but without obligation eo to do and aithout
<br /> - notia� to or d�cnand apon ara�tor aad Nithout reiaaeinq arantor from any obliqatioia
<br />`="'-t-�ti;�'� =y h�r�ol� B�noticiary or Tru�tee being authoriaod to onter upon said propesty ios suah i ..
<br /> ��'�� �• � pu�posas� appear in and dQfead amy aatioa or yroceedimg purporting to atfect the
<br />-ti,',.. _�
<br />-w��.�Zt:.� �eauriLy hQrao! or the rightie or powora o! Beno4iciasy or Truateej pny, purahaya, .
<br /> _.=���t��_�. , • esonteat or aompromioo any e�naumbranae, aharqe os lien whieh ia the judqment of
<br /> ,:,�r:..�:;,.�. oittur appears to b� prio�e os auper3or hareto� and, in exeraiaing any euah powora,
<br />�•��'�':" '�: or ia enforciaq this DQad o! Trust by judicial foreclosure, pny neceesasy expensea,
<br /> -`�-2�`-•; �mp].oy coun�ol and p�y his reaeoaable feee.
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<br /> :�;,.'••;:'���• D. Ie ie autualit egsssd t�t� �
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<br /> "'n:"�� 1. 11uy awssd o! damaqos in conneation with aay aoademaation for public use
<br />.,:_Mt:4�y u�,��
<br /> ° n , � ot or imiury to aaid propatty or nay part thereo! ie horeby asaigned And shnll be I
<br /> '�',''��!"���d , I
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<br /> ::'�'"-� Dsed of Trust, Page 2 I
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