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~n0~~443i undertakings as part of the Indemnity Agreement, as more fully set forth therein. Trustors intend the obligations hereunder to remain in place, and Trustors agree to be bound by such obligations, so as long as the aforementioned Indemnity Agreement is in force; Trustors expect and intend that the obligations undertaken herein will be enforced pursuant to any amendments or modifications to that agreement and pursuant to any agreement executed after the date of this deed of trust if such agreement is executed with the intent that such agreement replace, succeed, or in any way supplant the aforementioned Indemnity Agreement. (b) The performance of each agreement and covenant of Trustors herein contained; and (c) The payment of any sum or sums of money which may be hereafter paid or advanced by the Beneficiary in accordance with the terms of this Trust Deed, together with interest thereon at the rate provided by law or in any respective Note. TO PROTECT THE SECURITY OF THIS TRUST DEED, TRUSTORS HEREBY COVENANT AND AGREE AS FOLLOWS: 1. PAYMENT OF PRINCIPAL AND INTEREST. Trustors shall promptly pay when due the principal of and interest on any indebtedness incurred by Surety as a result of writing bonds pursuant to the Indemnity Agreement, and all other charges and fees incurred as incidental thereto shall be secured hereby, as well as the principal of and interest on any Future Advances secured by this Trust Deed. 2. TAXES, ASSESSMENTS AND CHARGES. Trustors shall pay at maturity all taxes, liens, encumbrances, assessments and other charges, including, without limitation, fines and impositions attributable to the Property and leasehold payments or ground rents, if any, before the same become delinquent, and which now exist or hereafter are imposed upon the real property or upon any improvements or appurtenances thereto which are now or may hereafter be erected on the real property. If any of the foregoing charges are not paid, Trustee is authorized to pay the same of the account of Trustors and the sums so paid shall be repayable in the same kind of money or currency in which the same shall have been paid, and shall bear interest at the rate of seven per cent (7%) per annum until paid, and such amounts shall be considered as secured by this Deed of Trust, and shall be a lien upon the real property the payment of which shall be deducted from the proceeds of the sale herein provided for, with interest as herein provided. 3. ADDITIONAL LIENS AND PROTECTION OF BENEFICIARY'S SECURITY. Trustors sliali n7ake all payments-of-interest and principal and payments of any other charges, fees, and expenses contracted to be paid to any existing or subsequent lienholder or beneficiary, under any existing or subsequent mortgage or trust deed before the date they are delinquent or in default, and promptly pay and discharge any and all other liens, claims or charges which may jeopardize the security granted herein. If Trustors fail to make any such payment or fail to perform any of the covenants and agreements contained in this Trust Deed, or any Note referred to herein, or in any prior or subsequent trust deed, or if any action or proceeding is commenced which materially affects Beneficiary's interest in the Property, including, but not limited to, eminent domain proceedings, proceedings involving a decedent, notice of sale by Trustee, notice of default by Trustee, mortgage foreclosure action, or if Trustors fail to pay Trustors' debts generally as they became due, then Trustee (original or successor), at Benehciary's option and without notice to or demand upon Trustors and without releasing Trustors from any obligation hereunder, may make such appearances, disburse such sums, and take such action as is necessary 2