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<br /> , � :,- promptly repair, or replace any improvement whiah may be daun+�qed
<br /> ��� � � o� deatroyads �hall not aanmit or p�rmit �ny wa�te or
<br /> - - �";�;_,: deterioration of the Propextyf shall not remove, demoli�h or � _
<br /> ,4•� subatantially dlter any of the improvements on the 8ropm�tYt +���1�-
<br /> , .i..';" not aonaait, suffe� or permit any dat to be datam in ar upon the�
<br /> ---- ___;, Property in violation of eny law, ordinAnce, or re�ule►tian� au�d�
<br /> .=�� _. `-".-t""' shall pay and promptly diaaharqe at Trustor's cost snd exFen�se a11�
<br /> -==-r}.% liens, encumbra�t�aes and charqes levied, imPosed oz as�eQSad
<br /> �'�"� fi'� ', , aqainst tha Property os any part thereof.
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<br /> '°-�'�'=. . t 6. Eminant Domain. Lender is hereby a��igme�d all
<br /> aompensation, awdrds, damages and other payments as relief --
<br /> ---�� 'r Y�, � � (hereinafter "Proaeeds") in connection with aaAdemnatfon or other
<br /> °"�-� �� taking of the Property or part thereof, ar for aonveyance in lieu
<br /> �—�-•- � af condemnation. Lender shall be entitled at its option to _
<br />-- � - ^`-�' commence, appear in and prosecutie in its own .zante �:ny a �t_ on c - �
<br /> '��� � roceedinqs, and sr►all also be er�ti.tled to make any aompromise or -
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<br /> -- • settlement in cormection with such takinq or damaqe. In the event _
<br /> T---- �' 8= � any portion of the Property is so taken or damaged, Lender shall
<br /> „�� r • have the option, in its sole and absolute discretion, to apply all
<br /> �r•� such Proceeds, after deducting therefrom all costs and expenses
<br /> -'�� °'."���. � �h � incurred by it in connection with such Proceeds, upon any —
<br />__:�;� �,.;,- : ..'�� indebtedness secured hereby and in suah order as Lender may
<br /> ; ���� determine, or to apply all such Proceeds, after such deductions, _
<br /> '.',,�� s='^•''��'� to the restoration of the Property upon such conditions as Lender
<br />, �.,N:t1�. �r;i��,:.. ...
<br /> ;�,,,.,�,;,�,,.1j;.. may determine. Any application of Proceeds to indebtedneas sha11
<br />. ��`;,c -��v,�.-�-`�^r����;t not extend or postpon� �.he due data af any F$Y�gnt$ under the
<br /> ' ''`� � Note, or cure any def-ault thereunder or hereunder.
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<br /> �� ." "`''�:.''±j-��� 7. Performance by Lender. In the event af Truster's failure
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<br /> � �:;,�"�'; to perform any of the covenants herein or make any payments
<br /> required hereby, or if any act is taken or legal proceeding
<br /> � � commenced which materially affects Lender's interest in the
<br /> � Property, Lender may in its own discretion, but without obligation
<br /> '� .+�� :;:,<i����, to do so, and without notice to or demand upon Trustor and without �_
<br /> ��;,'h°;� •.. releasinq Trustor from any obligation, do any act which th� __
<br /> '��f��'p Trustor has agreed but fails to do and may also do any other act
<br /> � � �, �' � if deema neaessary to proteet the security hereof. Trustor shall, �-
<br /> ����� � �� immediately upon demand therefor by Lender, pay to Lender all
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<br /> . � osts and ex nses fncurred and sums Qxpended by Lender in �`--
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<br /> ;;;��ti���. aonnection with the exercise by Lender of the foregoing riqhts ,
<br /> . , . together with interest thereon at the rate provided in the Note , �
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<br /> � �t;`' which shall be added to the indebtedness secured hereby. Lende=
<br /> �,.�, _ shall not incur any personal liability because of anything it may �-�
<br /> . .. ` .. do or �mit to do hereunder.
<br /> . ' 8. Events of Default. The followinq shall aonstitute an =_-
<br /> , event of default un er the Deed of Trust: `
<br /> • � interes t � .'
<br /> , (a) Failure to pay any installment of principal or
<br /> of any other sum secured hereby when due, or failure to pay when �
<br /> � � � � due any other indebtedness of Trustor to Lenders
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<br /> . � (b) A breach of ar default under any provisien contained in
<br /> +_•; the Note, this Deed of Trust, any document which secures the Note, �
<br /> " and any other encumbrance upon the Propertys �
<br /> ' � (c) A writ of execution or attachment or any similar process �
<br /> °� - shall be entered against Trustor which shall become a lien on tlze i
<br /> � � Property of any porticn thereof or interest thereins �
<br /> td) There shall be filed by or against Trustor an action
<br /> � ' ' under any present or future federal, state or other statute, law
<br /> .� � . or regulation relating to bankruptcy, insolvency or ather relief
<br /> ; . for debtors; or there shall be appointed any trustee, receiver or
<br /> "� ,, , liquidator of Trustor or of all or any part of the Property, or
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