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<br />84'-......... 0051,16
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<br />2. T AXES. Trustor shall pay each installment of all taxes and special
<br />assessments-or-every kind, now or hereafter levied against the Trust Estate or
<br />any part thereot, before delinquency, without notice or demand, and shall
<br />provide Beneficiary with evidence of the payment of same. Trustor shall pay
<br />all taxes and assessments which may be levied upon Beneficiaryl-.s inter-est
<br />herein or upon this Deed of Trust or the debt secured thereby, withoutrege,rd
<br />to any law that may be enacted imposing payment of the whole or any pad
<br />thereof upon the Beneficiary.
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<br />3. 1 NSURANCE AND REPA I RS. Trustor sha 11 maintain fire and extended
<br />coverage insurance in^suring the improvements and buildings constituting part
<br />of the Trust Estate lor an amount no less than the amount of the unpaid
<br />principal balance of the Note (co-insurance not exceeding 80% . permitted) . Such
<br />insurance policy shall contain a standard mortgage clause in favor of
<br />Beneficiary and shall not be cancellable, terminable or modifiable without ten
<br />\ 10) days prior written notice to Beneficiary. Trustor shall promptly repair,
<br />maintain and replace the Trust Estate or any part thereof so that, except for
<br />ordinary wear and tear, the Trust Estate shall not deteriorate. In no event
<br />shall the Trustor commIt waste on or to the Trust Estate..
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<br />'-. ACTIONS AFFECTING TRUST ESTATE. Trustor shall appear in and
<br />contest any action or proceeding purporting to affect the security hereof or
<br />the nghts or powers of Beneficiary or Trustee. and shall pay all costs and
<br />expenses, includinQ cost 01" evidence of title and attorney's fees, in any such
<br />action or proceedi'ng tn which Beneficiary or Trustee may appear. Should
<br />TrustL1r fail to make dny payment or to tic 'iny act as and in the manner
<br />provided in any 0i the Lean ir~~,irumeld~. ~)-. I.~_fi(:id.ry '_dd/vi: Trustee, each in
<br />its cwn discretion. 'A'lthout ..:.\~.~i~1a.ti~r. do 50 and without notice to or
<br />demand upon Trustor dnd Without releasing Trustor from any obligation, may
<br />makt::" 0r do t he sa me Lrl ~uch iHu nner and to ")uch exten t as either may deem
<br />neces5firy to L~r~"'tcct lht: :~eLurltV hereof. Trustor shall, immediately upon
<br />demand theceL)r t,y BL"rH~fl(:iJry. pay all ;'::05(5 and expenses incurred by
<br />BenefiC1an' in connectIon wilD lhe exercise by BenefIciary of the foregoing
<br />rIghts. including \\f'ithout limita.tion costs of evidence of title, court costs,
<br />dpprd_l5dl-:<; ...,Ijrvi'v,... and attorney's, fees~ Anv such costS and ex.nenses not
<br />pUl..... w IUIJ,.ll .'.,:11 ~... (1...'1\'~~ ,-~f h.;--dU....I derna~:d shall draw inter~st at the
<br />default ralE' j.1t'CVldt"d in lhe Not€'.
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<br />EMiKENT L'Q~\-'1AiN. Should the {'rust Estate, Qr any part thereof or
<br />-..-.t::>Tt"f-1 !_h~~~-~'in h~ !_ak,,"-'r, d(!!;-!~!ged bv ~"I-".--l<:;....m "f ~..nv nllhiic '_l11nrOVpmpnt or
<br />':i.-"'ndemnd t 10n ;'rccct-'c11 n~. ,'~ I n an\' ,-~t hee" - r~;~1.~e~- l-~~-iud in-g- - --de~-d + in - i"i"~~l of
<br />0DGemna.tlc'n ";~\-"ndernndt}0n" ...:-r 7-ihculd frustor receive any notice or other
<br />Inf~rmalh~H ;'t'~d.r(:lng ~,uch pr-o...'eeding. rrustoi~ shall give prompt written
<br />nctict' tt-:t.~rf'0! ~c PeneIlclcq:-V. fh:'nt'fi,_:larv sha.ll be entitled to ail compensation~
<br />~iv.>drd~ dnc "tht""!" pa yments ,-'C n,'>l tcf then.~lor. and shal.l be entitled at its
<br />'-"ptl........n L...' ,,'('rnmeli>..:i-'. _.-!.ppt'-d,r ~n .Hid pn..-'seocule 1n itS ,>:~wn name any action or
<br />p!-\.."leedln~::-. Fe-rieth,"ld!'\' ::-d;'dlt .itS,--"' he t"ntltle-d Ii....... make a.ny compromise or
<br />':-t.")ttl~nH:~n! ;n ,,'\':'!H1t~':lh'>-n I.\'lth '-. l\l.' 11 i:Jk1tl,g IJr damdge. All such compensation.
<br />.i\ii.',;:u'ds.. d':1n1.:i~\t":-;... l"i..;'ht:- .,'f ,H:tlon and pt'(.~cet!ds aWdrded to Trustor i the
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<br />.. P c.:~cet.\J <'
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<br />dI-t:o ~lerebv ,i~sl~nt.'n :()
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<br />tiene HI,.: 1:1 rv and frusteI:'
<br />PrcLeed~ tiS Ih:~n~ficlary
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<br />a~rees io execute
<br />01' Trustee may
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<br />~t~l...>h fur.tht~r d5sl~nm~:nt.::. ,-~I tht~
<br />r~qu i !"~t--'.
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