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<br />noeaJ.,,1J, 0.... 09:,,6806
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<br />FOR "fHEPURPOSi OF SECURING:
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<br />Ib) The P8rlotme- of eech ~ end CCWtMl1t of Trustor herein COI1tlIined; and
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<br />(C' The payment of any IUlIl or Illms of money with ill1llmt thereon which mey be henefter paid or acMI1ced
<br />under me tenMof ttm Trust Dwd.
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<br />TO. PftOTiCT THE SECURITY OF THIS TRUST DEED, TRUSTOR HEREBY' COVENANTS AND
<br />AGRees AS FOLLOWS:
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<br />1. PaYlMftt of Pri~ and Interest. Trustor shall promptly pey when due the prlnc:/pll of end ill1llmt
<br />on me. iI~... evidencal by me Note. end all other ~ and _ II prcwided in the Note. and tile principel
<br />of and iAtefwt on lilY Future AdvIl'lC8S IlICUred by this Trust Deed.
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<br />2. w.mntv of Title. Tl'U$1Or is IlWfully seized and ~ of good and indefeasible title and estate
<br />to the Propeny htnby ClIrlVeyed and has the right to grant and convey the Property; the Progenv is free end clear
<br />of atl 1i8111 and 1fIClLI1ftbl... IIIlcept liens now of record; and Trustor will WlIrrant and defend the title to the
<br />Property IgIiMt all claims end demands.
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<br />3. UU.*,- II'IIi ConlPIiII'Ice With Laws. Trustor shall keep the Propeny in good f1IIIIir and condition
<br />___g.JMI!.!Rt.mmm.illll!lllk.Quwmit.ilJ:gimllot...Pr ~tjnarinn C)f tba ~ .m ... """lpIy ...tit ~ pro-
<br />vitioM of lIlY '- if tttls Trust Deed is on a leuehold. No improvement now or hereIher lIl'IlCtId upon the Property
<br />IhMI be ..... fWftOnd or demolished without me prior written content of Benefieiery. Tl'U$1Or shall comply with
<br />all '-. 0fdiI_-. f8IUletions. COYII'IIntS, conditions and restrictiom affecting the Property and not commit, suffer
<br />or l*Il)it lIlY act to be ~ in or upon the Property in violation of lilY law, ordina_. regulation, CCWIl'llllt, c0n-
<br />dition or ....iction. Trustor shall complete or restore promptly and in good workmanlike INnner any improvement
<br />on me Property which may be damqed or destroyed and pay, when due, all daims for labor performed and ma-
<br />terials fumilhed therefore and for lIlY alterations thereof.
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<br />4. Insuf11'1C8. Trustor. at its expen.., will INintain with inanors approved by Beneficiary, inlUrance with
<br />respect to me Improvements and PII'IOnel property. constituting the Property, against loss by fire, lightning. tor.
<br />nedo. and othtr peril. and hazan:It covered by standard extended ccwenge endorsement, in an amount equal to at
<br />Itast one hundred percent of the full repltlcemG;,t value thereof and inlUrance aglinst such other hHanh and in such
<br />amounts .. is customarily carried by OWIlll'S and operators of similer properti. or II Beneficiary INY require for its
<br />PI'OtICtion. Trustor will comply with such othtr requirements IS B_flciary INY from time to time request for the
<br />protHtjon by inturance of me interests of the fllPlCtive perties. All insvrance policies INintained pursuant to this
<br />Tl'USt Deed ..... IIIlIlO TNItor and BtneftcIary IS insureds. as their flSPlCtive intefllts mey appeer. end prcwlde
<br />... there ...1 be no CInCIltltion or modlflcetion without no less than 15 drta prior written notification to Trustee
<br />and "'lIfIcIery. In the event any policy het'eunder is not renewed on or before 15 days prior to its expiration date,
<br />Trustee or Itneficiary mey procure such insurance in lCCOl'dance with the provisiom of per....aph 7 hereof. TNstor
<br />IhMI .... to lhMflcitrv the orlginaI policies of insurance and r8IIIWIls thereof or memo copies of such policies
<br />.. ftNWIII tMreof. Flilure to fumish such insurance by Trustor, or renewal. .. required hereunder shall. at me
<br />**' of .....IIcia-y. conscltute a def..lt
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<br />5. T_ WIlilman1l and Che~ Trustor shell pay all tax., ....llfI'Ilnts and other c:her'ges, including,
<br />~ limMsion, ftnIS and impotltions attributable to the Property, and leuehold payments or ground rent.. if
<br />lIlY, .... the -- bellome delinquent. Trustor shall promptly furnish to Beneflcilry all notices of amounts due
<br />""* this ~ Ind in the lIYent Trustor shall melee payment directly, Trustor shall promptly furnish to
<br />leluflcitlly ,.... evtdencing sueh payments. Trustor shall PlY all ta. and ISIIIIments which INY be levied upon
<br />.......,.s 11l1llmt herein or upon thlt Trust Deed without regard to any law thet INV be eneGted imposil1l'l
<br />paymem of the ... or lIlY part thereof upon the Beneflciery.
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<br />e. ~,~ J.fIf flrottctIon of leneflciery's s.urity. TfIIstor shall INIee all peyments of interest
<br />and ~ IIMtlillYmMtS of lIlY other, /lNfIIf. _ and IIIlP8l1llS contr8lltld to be _ to lIlY aisting lien
<br />~1iI!'~ ~ under any prior .. of tIVst or mortNt befuft me date they ere delinquent and
<br />~.... ........ any and ell other liens, cIelIns or...... which mey jeoperdih the IlICUrlty ",MUId
<br />~, !f T....... ftlls to ..... lIlY such __t or flIIIs to I*form any of the CCWtMl1t. and llII'tJlIl1lents con-
<br />~~..T~o.e.. or in lIlY JIFlw mortNt or deed of tlUst, or if any lGtion or flMGIedint 18QC11M1aneed
<br />~. ~~""""~'s in1lll'llt in, the ~y, including, but not limited to, eminem cIornaln pro.
<br />,....UJ.1r9llWOfy~ It ~t, or If TNItor falls to PlY Trustor', MDt. !IIflIrally II thay ~ due,
<br />f at ~'. ... .. wI~ notice to or demtnd upon Trustor and without releesing
<br />T~~., ~ hereu". mev meke sueh.....l1Cft, ditlwr. sueh IUlIlt and t_ suctlllCtiorlas is
<br />~ to ~ 1Il~'s IMtrllt, ~ but not Ilmlted to, dislMlllmlnt of I'IIISOflaIIIe attorney'._.
<br />PIvmMt, ~, IliIlfttlIIt or '~GIMI of any ~ance. Gharge or lien, end entry upon the Pt'otHrty to
<br />..... ~ IrI the mint mat TNItor shall filii to procure in....rance or to PlY tall., .........u.. Of any other
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