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201004733 <br />the payment of said indebtedness in installments, sukaject to acceleration <br />of maturity nn. defatzlt S.n the payment of any instalment of principal or <br />interest ar in the peiwformance o£ any covenant, agreement ar warranty <br />contained in this ,peed of Trutt; <br />(b) The partarmance of each agreement., covenant and warranty of <br />Trustor, herei:t contained or set forth in the Nnte or any ac{rePment ar <br />instrument exacut.ed by Trustor in cannecr..ion with the indebtednesq hwreloy <br />sF,~c;ured; and <br />(c) The payment of any sum ar sums of money with interesT_ thereon <br />which tray be he.rea"ter paid or advanced .andez the terms of this bced of <br />Trust, <br />NON", TI{r REE"ORE, O ?ROTECT THC SBCUR'LTY OF THIS DEED O; TRUST, <br />Trustor duos for Trustor and for Trustor's hei.-s, representatives, <br />vendees, successors and assiclnc, the owner;a of said L•'roperty, lteraYay <br />expressly covenant, agree and warrant to and with the Trustees anr,! <br />Beneficiary, and their successors, vendees and assigns: <br />First: That the Trustor hereby covenants and agrees, to the extent <br />pez'mitt~.=+d by law, as fpll~ws: ta) to pay promptly when duo the principal <br />rand interest and other sums of money provided fo.r in the Note and in this <br />Deed of Trust; (b) to promptly pay before delinquency ail taxes, <br />assessments and other charges imposed by ;.acv upon thr~ Propert~:~, the <br />Trus'tor's interest therein, or upon this need of Trust ar the Note; (c) t.p <br />keep the above--described Property and the a.tapro'rements thereon in goad <br />cond:i.tion anti repair and eat to carrsnit or suffer waste thereof, anal except <br />as authryrized in any schedule annexed hereto and forming a part hereof: <br />(d) to maa•ntain and deliver to Beneficiary policies of .irt.suranca against <br />such hazards on the buildings and improvements now or• hereafter located an <br />or canstitut5.ng a part of tk~e Property as the Beneficiary shall .require, <br />in such companies :and amounts and w;.th such lass payable clauses as shall <br />be satisfar_tory to the Beneficiary; tha"< .in the event of Lass, Beneficiary <br />is expressly aitthorirred to sett to or comprnmisc~ claims under said policies <br />and the proceeds thereof shall be paid to the Peneficiary who ma_y apply <br />the same or any part thereof on tt:e indebtedness secured. h.ere:~v ar toward <br />the reconstruction or repair of sold buildings and itrprovcments or release <br />.same to the Trustor: te) to pay cant' lien, claim nr r_harge aaain~;'t: the <br />Prapert}' which :night. twice precedence over the lie r. hereof; (f) to pay on <br />demand all legal expenses, t.it.le searches, appraisal or attorneys' £ees <br />reasonably i,"tcurrod or paa.d by Beneficiary to collect the Note or <br />foreclose ar protect thew lien of this 7?ed of Trust; (gj that i.n the evealt <br />Trustor shall fail to comply with the provisions of (a) through (£} above, <br />the Beneficiary may expend s~zch funds atxd [eke such action as is necessary <br />to remedy such failure and a1i sums paid by the Beneficiary pursuant <br />hereto with interest at the rate hereinafter pra;rided shaJ.l constitute a <br />lien upon the Property, shall be secured by this Geed ai Trust, acrd shall <br />be inunPdiately due and rr~payalale to the Beneficiary; (Y:} not to sell the <br />PropMrLy or aray part.i.on thereof witiaout the approval of the Y3c:neficiary it7. <br />writing; and .in the: event cf any sale k?erein prah.ibite:t, then the entire <br />indebtedness secur~d .'^,y this f7eed of Trusi~ shall, at the option of the <br />Beneficiary, became due and payablt:.; {i) that if the Property or an.y part <br />or parcel thereof shall be taken or damaged under 'the power. of eminent <br />domain, the award for any Property so take:t or d.at=;aged. (including <br />severance damages r_o the remaining premises) shall be paid to the <br />Beneficiar, and applied in full or in part at the cptio.r: of the <br />Beneficiary in reduction of the indebtedness hereby ;>ecured; ('i1 that the <br />Beneficiary shall have the right to inspect the Property at such <br />reasonable times as the 3eneficiary may desire tp determine Txustor`s <br />compliance with the covenant,; contained in this Deed of Trust; (lc) that. <br />the Heneficiary may release from. the lien hereof any part ar paroel o.f the <br />Property without requiring any consideration therefor, and (1} that <br />