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83-- OU054~ -z- This Deed of Trust, the Note, and any other instrument given to evidence or further secure the payment and performance of any obligation secured hereby are referred to collectively as the "Loan Instruments". TO PROTECT THE SECiiRI'fY GF THIS DEED OF TRUST: 1. PAY"MENT OF INDEBTEDNESS. Trustor shall 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. Z. TAXES. Trustor shall pay each installment of all Caxes and special assessments of every kind, now or hereafter levied against the Trust Estate or any part Chereof, before delinquency, without notice or demand, and shall provide Beneficiary with evidence of the payment of same. Trustor shall pay all taxes and assessments which may be levied upon Beneficiary's interest herein or upon this Deed of trust or the debt secured hereby, without regard to any law that may be enacted imposing payment of the whole or any part thereof upon the Beneficiary. 3. INSURANCE AND REPAIRS. Trustor shall maintain fire and extended coverage insurance insuring the improvements and buildings constituting part of the Trust Estate for an amount no less than the amount of the unpaid principal balance of the Note {co-insurance not exceeding SO`a permitted). Such insurance policy shall contain a standard mortgage clause in favor of Beneficiary and shall nat be cancellable, terminable, or modifiable without ten {10} days prior wriCCen notice to Beneficiary. Trustor shall promptly repair, maintain and replace the Trust Estate or any part thereof so ChaC, except for ordinary wear and tear, the Trust Estate shall not deteriorate. In no event shall the Trustor commit waste on or Co the TrusC EsCaCe. 4, ACTIONS AFFECTING Tt~U'ST ?ST,1TE. TrLISCOr shall appear in and contest any action or praceeciing purporting to af.feet Che security hereof ar the rigiiCS or powers of Beneficiary or Trustee, and shall pay all costs and expenses, including cost of evidence of title and attarney's lees, in any such action or proceeding in which Beneficiary or i'rustee may appear, Should Trustor fail to make any payment or Co do any act as and in the manner provided in any of the Loan Instruments, Beneficiary and/or Trustee, each in its ocm ~tiscretian, r~~iChouC obligation, may make or do the same in such manger and to sucia extent as either may deem necessary to protect Che security hereof. `Cruscor shall, immediately upon demand the r.ei:or by Beneficiaryy, pay all costs and expenses incurred by neneficiary in connection with the exercise by Beneficiary of the foregoing ris;hts, includini; without limitation eosCS of evidence of title, court costs, appraisals, surveys and attorney's fees. Any such costs and expenses not paid within ten {lO} days oi: written demand shall draw interest at the default rate provided in the Note. 5. EMINENT DOMAIN. If ti-Cie Co any part of Che Property shall be taken in condemnation proeeedin~,s, by right of eminent domain or similar action, ox shall. be so lc? under Chreat o% con- de^tnation, all awards, damages and proceeds are hereby assit,nect and shall lac paid to Beneficiary who shall apply suctr awards, damages and proceeds Co the sums secured by Ctte Trust Deed, with the excess, if any, paid to the Trustor. 6. APPOiNTMENI' QF SUCCESSOR ;'t2US'It)R. Benefi.<:.iary r:~rav, f ron: tip to Cirn~, y a written instrument execuCad and ae.knowlc~rtttacl by