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<br /> 4, E�mc+.for Pavmerst of Charues. Subloct to appl�abla law or to a writtan —
<br /> waiw�by B�neficia�y,T�ustar s.'1a11 paV ta Beneficiary on th�Hrst d�Y pf wch month, or _
<br /> such ot�ar dats e�ch month as may ba specifi�d by Banafkiary, unt��th�Ind�bt�dnasr i� --
<br /> paid in fuU, �sum(harai.�after cadtad the '�un�s"1 equa!to 1l1?Yh of ths yp�ty t�xe�and `
<br /> assusm�nts which maY a'ttain priority o�or thls Deed of Trust a�d Orpund ronts on the
<br /> Trust Proparty,if snY, plw 1l12th of tha yearly promium instaUmon49 for h�zud insurancs.
<br /> plus 1/12th of the yearlY Premium installme�ta for mortpapa insurance, if zny. a11 as -
<br /> raasonabl�ssttmatad ir�ltiztly and from time to time by Beneficiary on tho basis of --
<br /> aasassments and bilts and raaso�abts estimates th�nof. The Funds shall�had in an _
<br /> inetitut+a+,th�d�posits or accounts of which are insured ar Ousrantwd by a fadual os stato
<br /> apenCY inCludin0 B�n�flCi�tl►. Ber��ficlarl►Sh�ll aPP�Y�FundS to P�Y said taxes�
<br /> sss�ssm�ou, insuranc�Premiums And Qround rents. BenaficiarY ahall not be requir�d�to
<br /> p�y Tntstor anY ir�terest or eaminps or�the Funds. Beneficiary sha110ive to Trusto�.without —
<br /> chupe. an annual accountinp of the Funds showinq credits a�d dab�ts ta tha Funds�nd thA
<br /> purAose for which each debit to the Fu�ds was mada• The Funda are P�edoed as�dditional __
<br /> security¢or the Indebtedness secured by this Deed of Trust. If tha amount of the Funds
<br /> held by Benefic'�ary. topetlwr writh the futu�a mo�thly installments of Funds p�yable prior to
<br /> ths dus datsx of t�xes,aasassments. insurance prsmiums and pround rsnts, shall excead
<br /> the artwunt requi�ed to pay said taxas,assessmants,i�surance premiums and pround rents
<br /> as they fall due, such axceas shaU bs, at Trustor's optiw►, eithe�promptly rep�id to Trusta�
<br /> or crec�itod to Trustor�ainst futur�mo�thly instsllments of Fu�ds. If the amaunt of ths
<br /> Furads 6�eld by Benefici�ry shall not ba sufficient to RaK 4axes.a.ssessme�ts, insurance
<br /> p�emiums and Oround�e�ta as thav fall due.Teustor sP�a98 WY to Be�efiaia►Y anY aawunt
<br /> necessary to make up the deficiency wititi�n ihirhi d�Ys from the date notice is maited by
<br /> Benafician/to Trustor requesttn�paYrtseni thereof. Upon paYmont in fufl of atl
<br /> Indebtadness. BenoficiaN�PromPtlY refund to Tn�stor anY Wnds hald by Beneficia�. ��
<br /> ths Trust Property is sold und�r tfis Pcwer of saia or the Tru.st Proparty is otNer�n,ise
<br /> acquirsd bY���1►. ��Y sh�!'�P�Y. immediatety prior to the safe of L�e Trust
<br /> prope�ty or iu�uisetiort Ert�r�aficia�lr, �ny Funds hold bY Bena�cian►at the time of
<br /> applic�tion as a c�z apaEr�st the Inderiadness. If Bwwficiary e�cr�+ctes a writtsn waivec af
<br /> Tnistor's oblip�tio�s under tAis P��prapta�.Trusta cove�ants and a0roes to WY. befaro
<br /> the�sa�ns become deti�quan�a3t t�ces.assessments. inswance Premiums.Oreund nnu.and
<br /> sll otl�er chaross whatsosver 9evisd upon or a:sass�d. Dtaeed or enade aOAinst tfie Tnut
<br /> Property. Trustor furttwr a0�sss.upon v�ccsRten request by Bensficlary.to promPtiV delivet tww
<br /> gsn�ficiary�11 rsceipn Tor me paY�t as such caaryas. :ru�i�;.''�i�w:��:,r•:z x v=►.::. ,
<br /> taxes. asssssments s�d other chu0es tevisd upon or assessed. Rlaced os mads apainst,a
<br /> . measursd by,this Deod of Trust or the recordation hereof.
<br /> 5. Anolica ion of Pavmsnt�e. A!1 paY��+received by Boneficiary u to an�
<br /> debt, IiabAitl►or o�liWtan owed to Benefici�y►by Trustor anay be aPP�d bY��1a+Y ta
<br /> tha PaYms�t of tta�Indebtsdnsss or te s�sy such other debt,li�bility or obli�ation, in ar�y .
<br /> order or manner of appqcation which Bsnsficiarl/.irt ats abs�lute dlscrot�,dsert�
<br /> ap�xi+te. Unless othwwise stected by Bonefic�ul�. �Y s�WYma�t shatL�d�emed
<br /> applisd first w the paY�+�i of arsy debL GabilitY w obltWtion othsr than ths Nots.
<br /> 6. Charaes:Liens. Subject to the terma of tne Leasa,Trostor wip kaep ths
<br /> Tnr�i Propsrtv fte�from all tis�s and encumbrancos which ia any way rtfay. in ths ludOment
<br /> oi 6ensficiarl►, have p�iority over.or impair the securitY of.this Cssd of Trust but Trustor
<br /> neod not disahar0e�nY such lien to tonp as Trustor shalf a0ree. in writin0.to Wy the
<br /> ob6a,z,ation seccore�i by such Gsn in a ma�a�wr xcePtabts to B�neficlary and shaU in pood f�ith
<br /> ec+�sflest such tl�cs by appropriate lep�l proceedirws effective to preveni the enforcement of
<br /> dze tien and�e ioss of any interost in or part of the Trust�ropeny.
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