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<br /> g�- �.1�:���
<br /> to T,xi�a��rr !nr ths purpo�a ot repairing or restosing tha sacwred
<br /> P�x1.y. 7E an Evan� A� Da►ldul� has accurrad, Sensf�iciary shAll hrvs
<br /> th� optS.�.� in its so�.• a�n�t absolnt� disax�tia� and without r�gard
<br /> 1:� tE�g acl�iquncy a! it� �e�urity hereunder, ot n�plying nll or part
<br /> oP tha irn�urana� proc��ds (A) to tha obliqatians, in rucsn �YCi�a� ara
<br /> D�nati.ci��y shal.l dst�r�in� ox (bZ t� th� r�pair or r�atoration o!
<br /> i:ho t3aau�«c� Propsrtyo ar (c) to cura any thwn current d�ta�ix undar
<br /> a�ny �t th+� Y�oa�n Bxus�»ts, or (d) to r�i�bursa th� H�n�fiainry far
<br /> i�a csoat�s and �xpons�e in connea�ion with tha recovezy o! suah
<br /> in�u.r�na� proca�ds, .or (w) �ny ao�bination ot tha toreqoing.
<br /> (3) Nothing hersin contained shall be dseyred ta excues
<br /> Trus�Qx �r��x repairinq or �aintainfn�g Ch� Sacurod Proapsr�y aa
<br /> prov�.d�fl !.n ��ation 1.05 h�reot or r�storing all da�aqe or
<br /> dawtruat�;on ta th� Securwd propertys and th� applica�tion or reeleaes
<br /> by Bsn:+�;�cfary ot any in�urAnce procaeds shal2 not e+xt�nd or
<br /> per�t�+�n� �►�: �u�a c�+ata of any na�ents due tros Bene;f iaimry or cura
<br /> or wa�.v� any Evant af Dmta�ult ��s hera�nalter definedj ar notics
<br /> o! dsfaec:lt und�r thi�s Dead of Truat ox invalidate azay act d�one
<br /> pursuen� to such natice.
<br /> 1..OA, Egcrow n� a t�. �o �urther escurR the payment of �ha
<br /> Impo�si.tt�+ns and tha preaiuxs for ths inaurance requfx�sd by this
<br /> Da�d of Trugt, upon the request o! Beneticiary, Trustor wi13
<br /> de�pastt with Bonstfaiary, �r ita desiqnee, �onthly a sua Which
<br /> e�hall. bas �qual tv ona-tvalfth ��/12� ot the annual total o� .�bs
<br /> Impoa�.ttuns and suct� insurance preniaurs. Such d�posita shalD, lae��
<br /> h�ld I�v i�snoticisrv, or ite deefqnee, withou� ob2iqation tor, �h�n �
<br /> payuent b! intcrest khereon� to Trustor, Frea o! any lien� or �1��
<br /> on the� p�art ct cre�ditors of Trustor and aa a part A! tha secu�;3ty
<br /> o� B�n�t1caiaiy, and shall be us�d by Beneffaiary, or its desigr�as,
<br /> to pa�r cc►rrtr►� i�poaition� and insurar+ca praniwrs aa the saae sha►11
<br /> becom� �ia►ya�b3e. I� shall ba the responsibility at �'rustor to
<br /> �urxiis�i �ills to B�nePiciary in sulfi�c�.�nt ti.ae tor 8��ficiary to
<br /> pa�► CM� . I�positions and inaurance preaiva+s bs�or�#::,�any panalty
<br /> �t*�±��±�r�•.�*±� �+etore the po�icies lapsQ. Upon any default fn thi
<br /> psoviaciar►s of thie Dned of Trust or the Note, 8eneficiary aay, at
<br /> ite� o�at£ran, in its aala and abaolute discretion and w�thout reqard
<br /> • to tk�.e ad�quacy o� �t�s security here�ne�c�$r,� apply any �i�oh d�pnsita ~
<br /> �o tR�r pf�y�nt of the Obligntions i.ta ��!uch �nner as it aay elect.
<br /> ,�..;. ,
<br /> 1.0.'.5 ��; and Uge o! j��,3ses.
<br /> A. �i*±�ae»nca and ReoairB,. Trustor, at its roY� c�st
<br /> and ex��ensR, Will ta➢ci good aare o! �e Seaursd Prop�rty �n�d w'ill
<br /> ' � keap �he Raxn�► in qood order and �ondit�.on, a�d a�alce ail neaessar�r
<br /> ��`' : �� repairs �ha��s�a, nnd aill nat �oa�it or sutter to ba Co�itt�d a�ny
<br /> . , .�� waact�.o� the SecurQd Prape�t�.
<br /> - B. �Q�p,�,�nce W{�h Law� �sid Insurance. �"rtigtor shall. .
<br /> p�amptl�►. aoa�ply w�.Ch all preasnt a+nd futv�e la►w� �,.' ordinances, ' �
<br /> ordera, a�ules, ragulatS.ons and requi.rearen�s�,�i� a�l t�ederal, state
<br /> an�d�nun�.<cipal govsrru�en�a, courts, �lapartxent�; �ommi�#s3onB; D�oar�ds
<br /> and oft��c�xs, including, withaut limitatiQn, al� �t�t�m��ng, buildfnq
<br /> coda, �+i�vir,onmental �sote�tion and equal e�aplay�e�a� opporturiity
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