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<br />3. Maintenance. Trustor shall keep the Property in
<br />good condition and repair and shall not commit waste or
<br />permit impairment or deterioration of the Property and shall
<br />comply with the provisions of any lease if this Deed of
<br />Trust is on a leasehold. No improvement now or hereafter
<br />erected upon the Property shall be altered, removed or
<br />demolished without the prior written consent of Beneficiary.
<br />Trustor shall complete or restore promptly and in good
<br />workmanlike manner any improvement on the Property which may
<br />be damaged or destroyed and pay, when due, all claims for
<br />labor performed and materials furnished therefore and for
<br />any alterations thereof.
<br />4. Compliance with Laws. Trustor shall comply with
<br />all laws, ordinances, regulations, covenants, conditions and
<br />restrictions affecting the Property and not commit, suffer,
<br />or permit any act to be done in or upon the Property in
<br />violation of any law, ordinance, regulation, covenant,
<br />condition or restriction.
<br />5. Insurance. Trustor, at its expense, will maintain
<br />with insurors app Beneficiary, roved by Beneficiy, insurance with respect
<br />to the Improvements and personal property, constituting the '
<br />Property, against loss by fire, lightning, tornado, and
<br />other perils and hazards covered by standard extended coverage
<br />endorsement, in an amount equal to at least one hundred
<br />percent (100%) of the full replacement value thereof and
<br />insurance against such other hazards and in such amounts as
<br />is customarily carried by owners and operators of similar
<br />properties or as Beneficiary may require for its protection.
<br />Trustor will comply with such other requirements as Beneficiary
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<br />101595
<br />7....
<br />"Note ") both principal and interest on the Note being payable
<br />in accordance with the terms set forth therein, reference to
<br />which is hereby made, the final payment of principal and
<br />interest, if not sooner paid and if no renewals, modifications
<br />or extensions are made, due and payable on February 1, 1988;
<br />and
<br />(b) The performance of each agreement and covenant of
<br />Trustor herein contained; and
<br />(c) The payment of any additional sum or sums of money
<br />with interest thereon which may be hereafter paid or advanced
<br />under the terms of this Deed of Trust; and
<br />(d) The payment of any future advances necessary to
<br />protect the security; and
<br />(e) The payment of any future advance made at the
<br />option of the parties; and
<br />(f) The performance of an obligation of any other
<br />person named in this Trust Deed to a beneficiary.
<br />TO PROTECT THE SECURITY OF THIS DEED OF TRUST, TRUSTOR
<br />HEREBY COVENANTS AND AGREES AS FOLLOWS:
<br />1. Payment of Principal and Interest. Trustor shall
<br />promptly pay when due the principal of and interest on the
<br />indebtedness evidenced by the Note, and all other charges
<br />and fees as provided in the Note, and the principal of and
<br />interest on any Future Advances secured by this Deed of
<br />Trust.
<br />2. Warrant of Title. Trustor is lawfully seized and
<br />=_
<br />possessed of good and indefeasible title and estate to the
<br />Property hereby conveyed and has the right to grant and
<br />convey the Property; the Property is free and clear of all
<br />liens and encumbrances except liens now of record; and
<br />Trustor will warrant and defend the title to the Property
<br />against all claims and demands.
<br />3. Maintenance. Trustor shall keep the Property in
<br />good condition and repair and shall not commit waste or
<br />permit impairment or deterioration of the Property and shall
<br />comply with the provisions of any lease if this Deed of
<br />Trust is on a leasehold. No improvement now or hereafter
<br />erected upon the Property shall be altered, removed or
<br />demolished without the prior written consent of Beneficiary.
<br />Trustor shall complete or restore promptly and in good
<br />workmanlike manner any improvement on the Property which may
<br />be damaged or destroyed and pay, when due, all claims for
<br />labor performed and materials furnished therefore and for
<br />any alterations thereof.
<br />4. Compliance with Laws. Trustor shall comply with
<br />all laws, ordinances, regulations, covenants, conditions and
<br />restrictions affecting the Property and not commit, suffer,
<br />or permit any act to be done in or upon the Property in
<br />violation of any law, ordinance, regulation, covenant,
<br />condition or restriction.
<br />5. Insurance. Trustor, at its expense, will maintain
<br />with insurors app Beneficiary, roved by Beneficiy, insurance with respect
<br />to the Improvements and personal property, constituting the '
<br />Property, against loss by fire, lightning, tornado, and
<br />other perils and hazards covered by standard extended coverage
<br />endorsement, in an amount equal to at least one hundred
<br />percent (100%) of the full replacement value thereof and
<br />insurance against such other hazards and in such amounts as
<br />is customarily carried by owners and operators of similar
<br />properties or as Beneficiary may require for its protection.
<br />Trustor will comply with such other requirements as Beneficiary
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