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<br />RE- RECCREMD 86— 104223
<br />86-105162
<br />the amount of such insurance. the Corm tar legal suliicicire rat insurance contracts - sohency of insurers, or payment of losses by
<br />insurers. and ftustor nerebN expressly assunits full responsibility therelin and liabihts. if any, thereunder. In the t srin cal kiss -,
<br />Trustor .hall atcc immediate u- ritten notice to Beneficial-N. and Beneticr ar% may, but is not obligated to, make proof of loss it
<br />not madc promptly bx_ fruslor, In cast of any loss the amount collected. under any policy of insurance on such property max:. at
<br />he option it the Iletttficiatx. be apphcd ht Berreticiarx upon anx indebtedness and tar obligation secured hcreby and in such
<br />larder and amount as Beneficiary may determine, car said amount ur ani portion thereof max', at the option of the Betteficiar_v.
<br />either be used in replacing or restoring the improtemerits partially or totally .destroyed to a condition salivfactorx to said
<br />Benetician, or said amount ar ani portion thereof may be released to the Trustor. In any such event neither the Trustee nor
<br />the. Beneficiary shalt he obligated to sec to the proper application iherrol: nor shall the amount so released or wed he deemed a
<br />payment can any indcbtedness secured herehy..Such application, use, and tar release shalt not cure or waive any default or
<br />notice of default hereunder or invalidate anv act done pursuant to such notice, Any- unexpired insurance and all it turnable ..
<br />inswrance premiums shall inure to the benefit of. and pass: to, the purchaser of the properix cox ered therehy at any Trustee's sale-
<br />held hereunder. If said properh is sold pursuant to the power let sair contained herein or pursuant to anx decree of foreclosure,
<br />_ alt right. title and interest of Trustor in and to the proceeds of fire and cutter insurance policies tordamagepnor to the sale_ which
<br />proceeds are not received prior to the date of'said sale. shall belong to Beneficiarv.
<br />Taxes and Other Sums Due: To pax_ satisfi and discharge_ at trait ten (Ilf days before delinquency" all general and pecial
<br />taxes and assessments affecting such property. anti in noevent later than the date such amount, become due.,` # )all encumbrances.
<br />charges and liens, -a fill intrust. on such property. or anx part thrrrtal'. wlii h are. or appear to Beneficiary to be prior to or
<br />superior hereto, S_'t all costs, fees and expenses of this trust uhether or not dzscribcd berein, Of fees ircharges foram statement
<br />regarding the obligation secured hereby in :any amount dentattc1ed bx Seneliclam, not to exceed the maximum amount allowed
<br />by lair therefor at the time mien such request is made. i4t such otiict charges as the Beneficiary may derm reasonable for
<br />her, %ices rendered hx Beneficuafx -and furnished at the request of.T ussor oranx I successor in interest to Trustor. Or itsuch property - -
<br />includes a leaschold estate. all payments and obligations required o' the Trustor or his wtaccessor in interest under the terms of
<br />the instrument or instruments creating such leasehold. Trustier hereby agre:ing near to amend. change. or moilifv his teaschold
<br />interest or the terms on which he has such leasehold interests fir eta agree to do so. without the written consent of Beneficiary
<br />tieing first obtained. and US) all payments and monctary monetary obligation, TcQuirtd of the owner of such property under any declaration
<br />of cocenrnts, conditions and restriction; pertaining to such property ter ;ani modification thereof, Should Trttstorfail iii make
<br />arty such payment. Benefi :iari. without c�taniesting. the yabdax is r amcaunt. max ele t to make or advance such pawncnt together
<br />x,i h ani costs. expenses,_ fees or charges relating thereto, mcludoig employ ing cour;,el and pax ing his reasonable fee's. Trustor -
<br />agrees to notify Beneficiary immediately upon receipt Fax Trusior of firovec t>t -art increase in itie assessed vi lue oft sucaa property
<br />and agrees that Benefrciarx, in the name of Trustor. max circles* In appropriate pro eedines such increase act assessment.
<br />In the event of the passage of any fax+ deducting born t?ur t.altue of real , ropertx f..,r the purposes of taxation of arty lien
<br />thereim- of changing in any way . the taus !tit the taxation A deeds tit trust or dents secured be deeds of trust for state or local .
<br />purposes. or the manner cif the collection of any such takes sty as to affect this Deed of Trust. the holder tit this Deed of Trust
<br />and of ahe obligations which it scLutes, shall hale the right to declare ail sums secured hereby due as of a date to be specified
<br />bx not less than +ft days' uritten notice to be gives, to Trustsar bi Bcn t- iarv: pro,idcd, ho%ex er. that such clec-tion .hall he
<br />Tnef ective if Trustor is permitted lax '.law to pat the uhn e .ef suer tax ru addition rr, all either payments required hereunder,_
<br />-and if prior to such specified date. does pa} such tax and agrees fro I,a; any such t as when hereafter let led ter assessed against
<br />such property, arid such agrecrment Thall r i tatuie a modtf zat r.., if ihi' bleed of Trust.
<br />Sums Afibanced to Bear Itaterro -, To pax, immediately upon demand anN sums advanced or paid by P,eneticiarr or
<br />Trustee tinder anv clause or provision of this Reed of Trust_ Ant su li suers, until so repaid. shall be secured hereby and bear
<br />:nteresx from the date it was advanced or paid at the same rate as such indeb*edness and shall be secured by this Deeed of Trust.
<br />Assignment of Deposits: That as farther additional srcur=t} it this he a construction loan- Trustor hereby' transfers and
<br />assigns to Beneficiary during continuance of thesc Trusts. all right_ tifle and interest to anv and all chimes deposited by Trustor
<br />ter depostied on behalf tag Trusior v, ith anx taco. s untt_ public 4'odx or aeencs: sanitary distnct. gas and or electric company:
<br />irlephone company and any ,ahir body or agency, tar the instaflat
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