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88-- 105119 (b) the performance of each agreement and covenant of Trustors herein contained; and (c) the payment of any sum or sums of money which may be hereafter paid or advanced by the Beneficiary under the terms of this Deed of Trust, together with interest thereon at the rate provided in the note. To protect the security of this Deed of Trust, Trustors hereby covenant and agree as follows: 1. Payment of Indebtedness. To pay when due, the principal of, and the interest on, the indebtedness evidenced by-the note, charges fees and all other sums as provided in the loan instruments. 2. Title. Trustors are the owners of the property and have the right and authority to execute this Deed of Trust in respect to the property. 3. Taxes and Assessments. To pay, when due, all taxes, special assessments and all other charges against the property, before the same become delinquent, and, in the event the Beneficiary shall so require, to add to the payments required under the note secured hereby, such amount as may be sufficient to enable the Beneficiary to pay such taxes, assessments or other charges as they become due. 4. Insurance. To keep the improvements now or hereafter located on the real estate described herein insured against damage by fire and such other hazards as the Beneficiary may require, in amounts and companies acceptable to the Beneficiary, and with loss payable to the Beneficiary. In case of loss under such pOlicies, the Beneficiary is authorized to adjust, collect and compromise, in its discretion, all claims thereunder and, at its sole option, is authorized to either apply the proceeds to the restoration of the property or upon the indebtedness secured hereby, but payments required by the note shall continue until the sums secured hereby are paid in full. 5. Repair, Maintenance and Use. To promptly repair, restore or rebuild any buildings or improvements now or hereafter on the property; to keep the property in good condition and repair, without waste and free from mechanics or other liens of any kind not expressly subordinated to the lien hereof; to not make, suffer or permit any nuisance to exist nor to diminish or impair the value of the property by any act or omission to act; and to comply with all requirements of law with respect to the property. -2-