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' (I) ?ro issora Note Seoured by De-ad of -r:zst cur , . d :s <br />and as rodidied by the Sixth Amendltent to i.,oan Doc-lnlents dated `',is even date i=1 f- -uor o <br />Beneficiary or its holder and (2) Second, Prcm_i.ssor_ Tote Seed hr Deed of 'Iris- for <br />FOR THE PURPOSE OF SECURJNG: dated Jime 6 1985 as undifled cTtd as •.7r the Li , <br />tunendment to Loan Doc-,a az£s dated this e-om oaate in razor of benerlc: iar v or its not er <br />(a) The ,payment of indebtedness golden: ed by Truster s <br />p@ 7C7? ti together sv,rn •merest at the rare or -ales orovideo nere;n. inereiri, TD,_trisr <br />with any and all renewals, modifications, and extensions ?nerpof, referred - t-o'as Me "Note"; botr; zrinct"i any ' -IL <br />interest on the Note being payable in accordance with me terms set fortri -herein, reference to which :s l*er>_zv <br />made, the final payment of principal and interest, if not sooner paid and ,f no renewals, mod-f cat +ors or exiensions�4 <br />are made, due and payable on Decenber 51, 198E <br />(b) The performance of each agreement and covenant of Trustor herein contained: and co <br />►cj The payment of any sum or sums of money avitfi interest therm which may be hereafter ; ad or advanced <br />under the terms of this Trust Deed- <br />TO PROTECT THE SECURITY OF 71=1S TRUST DEED, TRU'STiOR HEREBY Ci — ATV S A ?SIB � <br />AGREES AS FOLLOWS: <br />1. -payment of Prinboal and inrerest. Tnrstor shall promptly pay when clue the pr;ncrpai of and interest <br />on the indebtedness evidenced by the Note, and all other urges and fees as provided in the Note, and the onncscai <br />of and interest on any Future Advances secured dy the Tru t Deed. <br />2. Warranty of Title- T ustor is iawfully se.zed and possessed of good and mdefeasiWe ..zfe and estate <br />m the °rozerty hereby conveyed and has --re -;grit to grant and convey tee - operty- he =ro se - .s free and cieaT <br />of all Bens and encumbrances except hers now of record: and 7ru=r will warrant and defend the titie z., the <br />Property against all claims and demands. <br />3 Maintenance and Comofianc�e Witt, Laws. Truster snail keed The Property in goon: -ed2i. <br />"Y - arid cone ;tap <br />and shall not commit .waste or permit itnpair^3*t: or deterioration of the Property and snaii comp* with; 7e tr.. a- <br />visions of any lease if this Trust Deed is an a la_as did- No itmrovernerat now or hereg-s?r et,ecteo uao- b«e Frdper~Y <br />shall be altered. removed or demolished wit iouz the prior wr then consent of Beneficiary- Trustor snail cam.WY, w; <br />all #acs ordinances, regulations, v°*+an c s ohs an' rtes: rctia s a f_ <i -se Is onery art: t c -cr ii su=m <br />or permit any act to be done in or upon tie Property in v oaiion of any law. ordinance. rerrliauon -, _on- <br />dmon or restriction, Trustdr shall complete or restore ptompby and in good workmanlike mariner any iTn-r, ve7 -Pnt <br />on the Property which may be damaged or des-oyed and pay, when due. all claims far iaaor TM -o-ec a _ -_ <br />terias furnished therefore arid for any afterzu--als *_hereof. <br />4. Insurance- Trustor, at its expense, Will maintain with insurors aroroved by Beneficiary,:nsu ance witi: <br />respect to the Improvements and persona property, consirtuvrig the Prope.-V, against 'oss `v ^re, agh:,nir s <br />nano, and other perils and hazards covered by statt^..ard extended coveralle endorsement -man a ^oust equal to at <br />least one hundred percent of the full replacement value thereof arc_- insurance rgatrs sucn, other taz--- and in suc, <br />amounts as is customarily carried by owners and.werators of similar oropernes or as Benefciar. may r -mmi*e =or zs <br />pra— m-ion. Tnistar will corpfy wi3s srci arner re irems -_ s as $enericiary may horn time to ti-r>= neatest `or --1e <br />protection by insurance of the .interests dr the respect. -`Ye zar ?$, Ali insurance prsiiC±es rna n:ameu rnzs <br />Trust =Deed shalt name Truster and Beneficiary as insureds, as their respective interests may appear, and provide <br />- <br />as <br />there shalt be no canceiiation or modiflca-tion wiaout no less than 15 days prior writrnn norficaz ?ori to Trust- <br />and Beneficary, in the event any polio hereunder is not renewed on or before 15 days prior -a, is exdirataa^ dazn- <br />T-stee or Beneficiay may procure such :r.surance rn accordance wim the orav sio^s of 0aragr=r. 7 hereof. -r -pr <br />shall deliver to Beneficiary the original policies of insurance and renewals thereof a, me-no cozies of sucn a3ii.-:ses <br />ano renewals thereof- Failure to furnish: such insurance by Truser, or renewals as rernrired Rereunde- snail- at --_ <br />Option of Beneficiary, constitute a defauii <br />5, Taxes. Assessment and C arms. Tristor shat :;ay ash M-es. assessments and ctn,r c. - -Zes. <br />winout fvrridtation, lines anv, imods•,,vris air- rjd,, -,ad`e to "se ?-do rry'. and :?asenai,^,.: aF "'aen*S 'J" _ _. +. <br />any, before the same become deiinouent. 'r rcxstor shall P,- 0Mt ;VV J-n!s^. ;c Beneficia -v ai: ^ct ce t _ rd = Z�_ <br />under this paragraph, and m the _went Trustor sha'is --pit- pa went c - ^T Ii <br />y ._..t`y, irU5t3* Sna. ,l -d" o:, }'!_...�;., .- <br />Beneficiary receipts evidencing sucr, Pivot —n s- Trlstor snai.i day ail axes and assessments wp - „h nay ,- ; +e::«_. _ <br />Beneficiary's interest Therein or "Pon this Trust Deed w. noui -egard to an%. taw rrsat may 7_° e-1az-� e.^. :x:1`5. ^_ <br />payment of the whole or any part mereof upon the Beneficiary. <br />b. Additional Liens and Protection of Berwfic,arv's Sec;ri-v. T . .. - -tor ,halt <br />^take iii �ay.*r,_n3 �.* :':t_•est <br />and principal oral payments of anv other charges, fens and expenses ccl -acted to oe na,c to _ - <br />hoiders or prior beneficiaries under any pr,or deed o,.;.t <br />' _.,.;.t or monnarlt More :re day -ne.., areTVes,ncu = -: a. <br />prontony pay and discnarge any and ail diner ':ens. chasms o- criarpes ,nr r) ?r'+av teadardi3e -rue si;-:ar..ry g-arc•Fv <br />herein. If Truster fails s make any such Payment or fails to per -arras 3ry of tic covenan_s aria nor =e!nen , ;;- <br />rained in this Trust Deed., or in any Prser mortgage or deed of trvs:, cr ,f anv actiori or grocer -0 _s rorrrrrerrcyd <br />which materially affects Beneficiary's interest in the Prosser,,,. ,nc +ud ng, dot * y,; ' - . , <br />--ec :o. em,* 'Q adman d . <br />ceedmgs, of proceedings invoivmg a decedent. dr f Truster 'a +Fs d ..av Trust7- s tl-�ats aene�aiiv as <br />then Benefic ;ary, at Beneficiary's opton and. w thout c. 'o or demand ou ^. T-us.cr v nix : r <br />Trusior from any obityation nereunoer. :nav rho e ..,_*+� :aPUearapt�s, <br />necessary to rrorect Beneficiary's ntr e::. ,air_ ,. v,t <br />aaym >nt . avrchase conies. tt CXr-nc C11rse c -n <br />make „eoafrs. In the e'e— _. Tri,t ', z ^ -F'. <br />