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<br />2. Title. Trustor is the owner of the property and has
<br />the right and authority to execute this Deed of Trust in respect
<br />to the property.
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<br />3. Taxes and Assessmer.ts. To pay, when due, all taxes,
<br />special assessments and all other charges against thepr6perty,
<br />bef-OE'e- trw- same ,bee Oifi€! , delifiqu~n-t, an{!; in the eVent_ Benefieia'ry
<br />shall so require, to add to the payments required under the. note
<br />secured hereby, such a:mount as may be sufficient to .enable
<br />Beneficiary to pay such taxes, assessments or other charges as
<br />they become due.
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<br />of. Insurance. To keep the improvements now orheoi'e'at't::er'
<br />located on the real esta.te described herein insuredaga.inst
<br />damage by fire and such other hazards as BeneUciarymay,require,
<br />in amounts and companies acceptable to Beneficiary; jindwithlosti
<br />payable to Beneficiary. In case of loss undersuc;:hp'oUc;:i~St<
<br />Beneficiary is authorized to adjust, collect andcomprQ11lise,it;\
<br />ie. discretion, all clailIl$ thereunder and, at it::SlWleom::~C)ni,i~c':
<br />authOJ:'ized to either apply the proceeds to therestorliltion ofct;.he'
<br />property or upon the indebtedness seeuredhereby, but~. .~,;<'
<br />required by. the nateshaIi continue until the sU'lIlSse~red:rEl'l')y" .
<br />are paid in full. "
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<br />~. Re;Sir Maintenance and Use. '1'0 promptly rePaJ.~.i/'>.'
<br />restore or re utid any bUildings or improvements now or h~..,;f~'.. .
<br />on the propert.y; to keep the property .in good con(11tionll~..d
<br />repair, without WASt.e and free froll! mechanics orotherl.ien./~'
<br />axpnuly subordinated to the Hen hereof; to not _~.s\%ffe!:";~.r.
<br />".nUt any nuisance to '"ist nor t.O dilllinishor ill!pairtne,i~,l~..
<br />of th. property by any act or omission to llcti/ilnd tO~lyw~tcti:
<br />all. requirements of law with respect to the property, '
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<br />6. Condemnation. In the event thepr~rty" oral1l'Y'J>a.ltc,., ...........
<br />thneof, .nall be taken by eminent dOlllAin,. Benefichry.islm."!:i;t1e4,.
<br />to collect and rllCei vea 11 <::olllpenllation which may hepa.id.fo3f . any .'
<br />proparty taken or for dall\lJges to property nottakfm.. an4Ben.f~'1'
<br />cioxy anoll 4pplylluch cOlllp;linUt,iCifl, at. Lt5op:tion, ,"j.f;~i:'t~a:'
<br />reductiQn of tne indebtedneu ..cured her.oy o.rto r.~r.lild;
<br />r..toI:O the pro~rty lIH) taken. . .
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<br />7. .Puto!'1!1AnClll bya.neHcillr~ .Bfmetici.rYl'llAy,bllt,.a~~l
<br />hA". no obllqation to. do any act which 'lTustorMellqt'..<lout'i;
<br />failed to do, And kneficiary lll4Y also do 4U'ly aetitdeemS
<br />na<:1ll&IIA.fY t~ plot.ct the Uen h{H"oof. Trustor ll'ilr~.tOre~y.t
<br />upon c!elae.nd, 4ny !!WIIS .0 e,xpended by Beneficiary for thel!tb<.l.ve
<br />pw:-po... , and lUll' sum ao expended by Benefi,c!clryshall .~... l!l4d.~
<br />to tbe indebtedness secu,red hereb)' and become. seclJred by th.lien
<br />I\ereof. Beneficiary lIh41l not incur any personal 1il'011it1'
<br />l:>e.caua. of anything it. lll4Y do ox Oll1it to do hereundflr.
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<br />8. Allsiq~nt of Rents. !3.eneticiar'y shall have the riqht,
<br />power and 4uthority duril'lq the continuance of this Deed of Trust
<br />to collect the rents, issues and profits of the property and.of
<br />any personal property located thereon with or witho\It takinq
<br />po"session of the property afflitcted hereby, and Trulltor hereby
<br />ahsolutely /lnd unconditionally ali~;ign.. all .such rents, issues and
<br />profits to Beneficia!"_y. Beneficial:V/, howe\fer~ h-:,n:--eby conSt~nt;s t.G
<br />Trustor t $ collection and .t:ti,t-entiof. o~'" su,ch r-enls t .issues and
<br />profits as they accrue /lod become payable, so 10n9 dli Trustor is
<br />not:, at such time, in defa\.llt with respect to payment of Any
<br />indebtedness $ecured hereby. or in t,he performi\"":e. of dny agn.e-
<br />~nt hereunder. If any event of ,jefault described hereafter in
<br />r.spect to thisOeed of Trust shall have occurred and be ;;'01'1-
<br />tinu.in.q, Beneficiary,. all .a mat.ter of tight ,Ind without not.i.ce t,o
<br />'rustor or anyone claiming under Trustor, and without regard to
<br />tn. v..lue of the trust estat.e Ot' the lntcnlhl of tt1c1'nlst:or
<br />t~r.in, shAH have the .19ht to "p~ly to any court hdv~ng ju;d,.-
<br />cU.ct.lon to "ppoint " receiver of the proper.ty.
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<br />0' g,~ Ink~~w Bene~iclary, or its aq~-nt_s! ,repre!-7~cntd""
<br />t~v._a or wor-_ :men.s_ are i!'uthoriz,ed to ente_+ at an\' J"'f.1~l:~{:Jnabl.t~ time
<br />\lpon Or 1.1'1 any paxt of the property for the I'HH'f;()(;C of InSpii,ct.ing
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