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V � � / 20�10426� 3. Maintenance. Trustors shall keep the Property in good condition and repair and shall not commit waste or permit impa,irment or deterioration of the Property. No improvement hereafter erected upon the Property shall be altered, removed or demolished without the prior written consent of Beneficiary. Trustors sha11 complete and in good workmanlike manner any improvement on the Property and shall restore promptly any part thereof which may be damaged or destroyed and pay, when due, all claims for labor performed and materials furnished therefore and for any alterations thereof. 4. Compliance with Laws. Trustors sha11 comply with all laws, ordinances, regulations, covenants, conditions and restrictions affecting the Properry and not commit, suffer, or permit any act to be done in or upon the Property in violation of any law, ordinance, regulation, covenant, condition or restriction. 5. Insurance. Trustors, at their expense, will maintain with insurers approved by Beneficiary, liabiliTy insurance insuring Trustors, Trustee and Beneficiary against personal injury and death and property damages incurred or claimed to have been incurred on or as a result of their ownership or use of the real property in the amount of One Million and No/100 Dollars ($1,000,000.00) per occurrence. All insurance policies maintained pursuant to this Deed of Trust shall name Trustors, Trustee and Beneficiary as insureds and provide that there shall be no cancellation or modification unless at least fifteen (15) days prior written notification thereof is actually delivered to Trustee and Beneficiary. In the event any policy hereunder is not renewed on or before fifteen (15) days prior to its expiration date, Trustee or Beneficiary may procure such insurance in accordance with the provisions of Paragraph 7 hereof. Trustors shall deliver to Beneficiary the original policies of insurance and renewals thereof or memo copies of such policies and renewals thereof. Failure to furnish such insurance by Trustors, or renewals as required hereunder sha11, at the option of Beneficiary, constitute a default. 6. Ta�ces, Assessments, and Charges. Trustors sha11 pay all taxes, assessments and other charges, including, without limitation, fines and impositions attributable to the Property, before the same become delinquent. Trustors shall promptly furnish to Beneficiary receipts evidencing such payments. Trustors sha11 pay all taxes and assessments which may be levied upon Beneficiary's interest herein or upon this Deed of Trust without regard to any law that may be enacted imposing payment of the whole or any part thereof upon the Beneficiary. 7. Additional Liens and Protection of Beneficiary's Securitv. If Trustors fail to make any payment or fail to perform any of the covenants and agreements contained in this Deed of Trust, or if any action or proceeding is commenced which materially affects Beneficiary's interest in the Property, including, but not limited to, eminent domain proceedings, or proceedings involving a decedent, or if Trustors fail to pay Trustors' debts generally as they become due, then Beneficiary, at Beneficiary's option and without notice to or demand upon Trustors and without releasing Trustors from any obligation hereunder, may make such appearances, disburse such sums, and take such action as is necessary to protect Beneficiary's interest, including, but not