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201104116 8. The Trustor covenants artd agrees as follows; a. He will promptiy pay the indebtedness evidenced by said promissoty no#e at the times and in the manner there�n provided. b. Hewi(Ipayalltaxes,assessments,wafierrates,andothergovernmental or municipal charges, fines or impositians, for which provision has not been macie herainbefore, and will promptly deliver the official receipts therefor fo the Beneficiary. c. He will pay such expenses and fees as may be incurred in the protection and maintenance of said property, including the fees of any a#torney employed by the Beneficiary for the co�lection of any or all of the indebtedness hereby secured, of such expenses and fees as may be incurred in any forec#osure sale by the Trustee, or caurt prc�ceedings ar in any other litigation or proceeciing affecting said praperty, and attorney's fees reasonable incurred in any other way. d. The rights created by this cor�veyance sha}I remain in full force and effect during any post�onement ar �xtension of the time of the payment of th� indebtedness evider�ced by said note or any part thereof secured hereby. e. Ne will continuously maintain hazard insurance of such type or types and in such amounts as the BeRe�ciary may fram time to time require, on the irrz�arovements now or hereafter on said property, and will pay promptly when cfue any premiums therefor. All insurance shali be carried in companies acceptable to Bene�ciary and the polic'ses and renewals thereof shall be held by Beneflciary and have attached #hereto loss payable clauses in favar of and in form acceptable to the Beneficiary. In the event of loss, Trustor will give immediate natice in writing to Bene�ciary and Beneficiary may make proaf of loss if na# made promptly by Trustor, and each insurance company concerned is hereby authorized and directed to make parent for such loss directly to Beneficiary instead af to T� and Beneficiary jointly, and the iresurance proceeds, or any part thereof, may be appiied by Beneficiary at its option either to the reduc#ion of the indebtedness hereby secured or ta the restoration or repair of the property damaged. In the event of a Trustee's sale or other transfer af title to said praperty in extinguishment af the Indebtedness secured hereby, all right, title, and interest of the Trustor in and to any insurance policies then in #arce shall pass at the aption of the Beneficiary to the purchaser or Beneficiary. 5