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, ' 200611036 indebtedness secured hereby in such order as the Beneficiary may determine, (ii) to the Trustors to be used for the repair or restoration of the Property, or (iii) for any other purpose or object appropriate under this Deed of Trust as determined by the Beneficiary without affecting the lien of this Deed of Trust for the full amount secured hereby before such payment occurred. Any application of proceeds to indebtedness shall not extend or postpone the due date of any payments under the Promissory Note, or cure any default under such Promissory Note or this Deed of Trust. At the request of the Beneficiary, the Trustors shall furnish to the Beneficiary a Certificate of Insurance evidencing the stated coverage, showing the Beneficiary as a loss payee, with a provision in such Certificate, that the insurer shall provide at least ten (10) days advance written notice of any cancellation of the policy at any time, for any reason, or of the expiration of the policy without renewal thereof. 4. Environmental Compliance. The Trustors shall comply with all federal, state and local environmental laws, ordinances, rules, requirements, regulations and publications as now existing or hereafter existing, amended, supplemented or supplanted relating to the preservation of the environment or the regulation or control of toxic or hazardous substances or materials. Trustors hereby warrant and represent to the Beneficiary that there are no toxic or hazardous substances or materials on or under the Property. Trustors do hereby agree to indemnify and hold the Beneficiary harmless, together with its' successors and assigns, from and against any and all claims, damages, losses and liabilities arising in connection with the presence, use, disposal or transport of any substance which is the subject of any environmental law, regulation or control of toxic or hazardous substances or materials on, under, from, or about the Property. This indemnity shall survive reconveyance of the Property secured by this Deed of Trust. 5. Use and Prese ati n the Pro ert . The Trustors shall use the 5f Property for I se only and for lawful purposes only. The Trustors shall not substantially change the Property, nor allow the Property to deteriorate, or commit or permit waste. The Trustors shall comply with all laws and regulations applicable to the use of the Property and shall maintain all improvements thereon in good working order and repair. 6. Protection of the Trust Property. If the Trustors fail to pay taxes or assessments, maintain insurance or maintain the Property as provided herein, the Beneficiary may pay any such amounts or take steps necessary to protect the value of the Property and the rights of the Beneficiary in the Property. Any sums the Beneficiary may advance for payment of any such taxes or assessments, maintenance and protection of the Property shall be secured by this Deed of Trust, shall constitute a debt due from the Trustors to the Beneficiary, and shall bear interest from the date of disbursement until paid at the rate of 16% per annum. 7. Application of Payments. All payments received by the Beneficiary under the Promissory Note and this Deed of Trust shall be applied first to reimburse any advancements made by the Beneficiary for the protection of the Property, second to interest, and the balance to principal. 8. Inspection. The Beneficiary, or the Beneficiary's agent, may make reasonable entries on the Property for the purposes of inspection. 9. Forebearance Not Waiver. Failure by the Beneficiary to exercise any right or remedy available under this Deed of Trust or the Promissory