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88- 104460 3. ~ The Trustor shsll pay all taxes, assessments and other chargee which may become liens upon the Property, when due, snd before delinquency. 4. INSURANCE: The Trustors shall msintain at least $30,000.00 broad coverage insurance upon the premises and shall keep such insurance in force at all times while this Deed 0 f Truat is in effect. The insurance shall maintain losses payable to the Trustors or the Beneficiaries as their interest may appear and such policy shall not be terminable without notice at least 10 days prior to such termination date to the Beneficiaries. 5. MA INTEN ANCE: Th e Trustor shall not commit or permit waste and shall maintain the improvements on the Property in good condition and repair. 6. INSPECTION: The Trustee may inspect. the Property and the improvements at all reasonable times, and upon default by the Trustor in the maintenance of the Property, the Beneficiary may perform such maintenance and add the expense to the principal balance of the note. The Beneficiaries may inspect the property and improvements. 7. CASUALTY LOSS: In the event of loss or damage to improvements or fixtures on the Property, the Trustor may elect to repair or replace such improvements or fixtures. Any insurance proceeds payable by reason of loss or damage shall be placed in escrow with the Trustee and disbursed during or upon completion of repair or replacement or applied on the last maturing payments due on the note, at the election of the Trustor. 8. CONDEMNATION: If all or any portion of the real estate is condemned or acquired for public use, the resulting award, proceeds or consideration, to the extent of the unpaid balance of principal and interest, shall be assigned and paid to the Trustee and applied on the last maturing payments due on the note. 2