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_- , -• �-,�. + �. �¢�R��rk.".- ; n ' ''•''`:_ -
<br /> .. �� .a^:Z�"� �J+, _ -� .�ti:"d_����. _. _.
<br /> :: a•„ Inswanc�prwNumn,pround rwu�.md�II dMr c►iaroo+whatiwwr hWM upw�a�a�ss�d,P�l�a�d a mad�a�Wat Oh�fnat
<br /> . �"'�� Prop«ty. Tiustor IurtMr aprew,upon w�ften request by B�ne/klary,to P►omPBY dNlva b Ben�Rclary�ll ncNpts lor tla p�ymmt of
<br /> wch charo��.Tivato►Ak�wls��prNa to pey W quc�a,�ssaam�np uid adw►ch�y�s MvNd upon a�d,d�C�d anMtN
<br /> .. : =�, - apalrut,or measund by,d�Os�al o/Trwt a fh�ncwdetlon Mnal.
<br /> �''"�'. � 6. AppYcWon ol P�ymsnt�.M payrn�nta ncs�iv�d by B�I�Iclary w M any d�bt� Nab11HY d obllpAGan o►wd to t�rNNCl�ty byTrutior
<br /> . �+Y a�PP�bY BaNNci�ry lo dw paymmf d fh�Indfbt�dnosa a t0 Ny cuch otha dubt Ua.b�llty Of ob!lyatlon�In arty ad�r d -
<br /> .'. mann�r o/epplJc�OOn whicA 9onaflcl�ry,ln!ta�bsduh dlscntlon.d�rns�PProP�I�.Un/us otl�rwla�sf�ct�d by B�'Jry.�nY
<br /> V �s,.��:: _ "^ tuch PaYmN►t t!►a!!bo daem�d applled 8r�t to tM paymsnt ol�ny d�bt�U�bWty a ob11D�ola►othe►thin o►N Not�.
<br /> ��: 8. Charp�s:LNns. Tiuttor w!U kesp fhe Tivat fhopeAy fi�et�Iran aN N�n�end encumbnncas wblch in any way may,!n tl�/udyr►Hnt d
<br /> ' Q„y,.o,;,,�„��, .� B o n e f k l a ry,M v e p r i a i y o v e r,a l m p a l y d r e s a c u d y o l,d U s O�d o f T i w t b u f T n r s t o r n w d n o f d J S Ch a r ge en y such llsn so bn p ta
<br /> r .., .,,�-,�.�w� � Tiustor shaN 1gr�is.M wlld�.to pry the obHpANon t�cwed by ruch Ilan in�m�nnv occoAfabJs to BanoNclary�nd thsA/n poodfattl�
<br /> ':�.�:•�:..--�--,w;` con(�eaf such Nen by�pp►opNato/oga!P►oc��adllnp�s WhCtiv�to p�ivr►rt dw N►facwnortt Ot dN llon and dw!ws o/any lntsntt/n or �-,__
<br /> ��__ � V p�rt d the Tiust Propary.
<br /> ' �:.�'"� ,' „" ' N 7. Huard Inw►�nce.Tiustw ahNl keep the bulldln pa and other/mprovoments now exladng or hereNter erecrod on th�Tiust PropAy
<br /> : .. :.° e ,.,•
<br /> �:.3�`h��"".,;�' .�;;• � rduCh Otho�lhasa►d ce9uafdos and�nge�es as me ��e9�b by,Benelklery.�s�jam0unfs end ra�sucn���r�b
<br />— . � . � �� reQe,u�ar ay se�enc;a►y.rnB�aicy o��nsu.ance sn���e��ro,m accepr�►e ro eo�encre►y,wo�r�e mn u►a seme may nor n�
<br /> . �.�� y canceN�d a modlNed wJthout l;lteQn(1 b)days pdor wdtten notke to Bene/�lary,and ahall have loss payable provlslons/n hva d end
<br /> _ °�� `� In lam ecceptable to BoneBClary.All prem/ums on Insurance policlas shalf be pald!n tfw manne►provlded under perapraph 4 Iwrrof
<br /> �;� :� a,!1 not peld Jn such manner,by Tiustamak(ng payment at least 6Aaen(�8)deys pdor to the due dare,directly to thelnsurance - -
<br /> ' ''' cao/er.BeneBclary shall have the Nght ro hdd ttw pdkles nnd renewels thereot end Tiusta shall prompdy/umish to Borrefklary all
<br />� 'r�,: renewe/ratices and al!pald premlum recelpts recel ved by lt.In no event slwll Benepclary or Trustee be held responslWe+fa la�kua to _
<br /> �. ..��
<br /> �• ,��-�•' pay insurance premlam�a for any bss or demepB erl�ing out o/a defect!n eny poUcy a arlsing out o/any Ia1lure o/eny inwrence —_-
<br /> :,��...,.,� .. .,, ., .
<br /> � , � company to pay/or any loss or damagelnsured ayalnst orlor lallure by Tnutor to eNect fhe lnsurance requlred hereunder.M the evant
<br /> �'�.��•:�� ot kxs�, Trusta�hall glve pranpt nollce by mail ro the lnsu►ar►ae cenler and AeneNciary.BerwBclary may make prool ol lost 11 not
<br /> _�`�-a.r� .>. •.�. `' made promptry a in prope►to►m by i n�stor.li7!p�liciva ulL��urmne and an�and eR�olunds af unaarr,ad prtm'um�sr�hereby _
<br /> _r�,,,t�.�:�..^���.. .�<.Q. esslgrwd to BeneBclary as addldonef secunty lor the poyment al the lndebtedness.In tl�e event o/BeneRclary's exerclse ol fhe power � _
<br /> �.
<br /> ol safe confeined hereln,a In the event o/loreclosure,all dghf,Utfe and in[erest o/Trusror in and to any inswance polky tAen In fa+ce
<br /> shall pass ro the pwchaser at the hus[ee's sale or loreclosure sa/e.ln case o/any foss,fhe Insurence proceeds may,at[he optlon o/ �,�••-
<br /> .,� � ' � Benaflclary,be eppBed by BeneNclary upon the Indebtedness,or any part fhe�eof,and In such ader end emount as Beneflclary may
<br /> ,�-." : determ/ne;or seid(nsurance proceeds,at the opdon of�eneliclary,may elther be used br replacing or restodng the Tiust Property
<br /> —. ��:,,%,�.`:,,��:�.' partlaUy or totally dosboyed M e condifJon satls/acrory to Beneficlary;or said insurence proceeds,or any pordon thereo% may be ___
<br /> ?k;,� ,_.••� �� -. -. . released to Trusror.Unless BeneHclary and trostor ofherwlse agiee in wdtlnq. any auch appllcadon o�lnsurance proceeds ahall not __�
<br /> ;_�� �;_�...: ,. �_ „ extend w postpone the due date of the Note,or any lnstallmenls celled/or thereln,or change the amount ol such!ns[allmems.11 the �
<br /> - --- � • irust Properly Is acquirad by 8eneticlary pursuant ta tho axcrcfse of the power ot sa/e a other Iaar:►n.curn,a!i right ffde andlnterest af
<br /> ��� �. '� • Tiusror In and to any lnsurance proceeds payable as a result o�damage to fhe Tiust Pioperty pdor to the sele a acquisidon shell pass
<br /> --� . to BeneNclery end shell be applied Nrst to the cosfs and expenses,lncludinp aKaney fees,lncuried In cW/ectlng sach pioceeds,then
<br /> _ !n the manner and!n the ader provlded hereln.
<br /> ;,.�� ' • 8. Preservadon and Malntenence ol Trust Property.Tiustor will keep the bulldings and other Improvements now or hereaRei erected on
<br /> _ �- the Trust Properfy!n good repalr and condldon and wlll not commlt or perrnit weste,wlll not alter the deslgn or shuctural cheracter
<br /> � •'.- � --_- .,•_
<br /> . = consmudng any buildmg now or hereafter erected on and cvnsGtuGny tlw Tiust FropeRy ivlthv'ut tha pdor wt�ttarr corr�cnt ot = -- --
<br /> pr.� BeneNciary,wtll not do any act or ti�(ng whlch would unduly Impalr a depreclate the value o/the Trust Property end wlll nW abandon
<br /> -�*�-: � • � the Trust Properry.Tiustor w���not remove any/ixtures constituUng Me Trust Pioperty unless me seme are lmmediately repleced with
<br /> ��� Nke prope►ty subJect to the l�en and secur�ty!n[erest of thls Deed of Tiust and o/af least equal value and utillty. Tiustor w//1 compty wld►
<br /> -'"' ' �, � all present end luture adinances,reguletlons and requlrementa of any govemmenta/body whlch are appUcable to the Tiusf Property _
<br /> �"� � `�� � and to the acupancy ertd use thereoL If thls Deed ol Trus►Is on a unit!n a condominfum or a p/anned uNt development, Trustor shall _.,•__
<br />-- •� '� pe r form ell ol Trusfor's obNgadons under tho declareHons or covenants creatlng o�goveming the condominlum or the planned unit ��`����
<br /> - � � • devebpment,the bylews and reguladons of fhe condominlum or plenned unit development end Ihe consdtuent documents.
<br /> - - �°�"''� 9. Inspecdon.Benellclery or its agen�s may, et all reesonable Hmes,enter upon the Tiust Properry lor the purpose of lnspecdon. .,� __
<br /> =°� � '�' ' Benepclary shall have no dury to make such lnspecdon and sha!!not be Ilable ro Trusror or to any pe►son In possesslon il it makes or _
<br /> �� -�� ' • '' lalls to make any such Inspectlon.
<br /> . _ ,� ;, k
<br />"�;;: � ' ° � ,- f0. Protecdon o/Security.ll T►ustor fells[o perlo►m any o!the covenants and agreements conteined!n thls Deed o/Tiust,or il eny ecdon [
<br /> or proceeding/s commenced which does a may edversety eBect the Trust Property or the lnterest o/Trustor o�Benellciary thereln or !,_•„`
<br /> �u ;. the tltle ol Trustor thereto,then Benef/clary,at its optlon,may perlorm such convenants and agreements,meke such appearances, �
<br /> -�� „���� .u; �. de/end egalnst end JnvesHgate such actlon or pioceeding end take such ofher ectlon as Bene//clary deems necessary to protect Its
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