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<br /> - .-�-� aare�men�c and assianm�ntq�f les�.5es ttnd r�nts,shall he cefened to heroin as the"I.oan _ _��
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<br />- ' , ''{ Instjwnents".
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<br /> .�� TRti1STOR COV�NANTS AND AGREES WIT1-I LEND�R AS FOI.LOWS: �;.
<br /> ;��4 All indebtedness sccured hereby sholl be paid when due. —.
<br /> 1. P�Ym�lt.sfIns��12I�11�• �,.:
<br />-� 2. Titl�. Trustor is the owner oFthe Property, has the risht and aathoriry to canvey the
<br /> �"�� Property and warrants that the lien created hereby is a first and prios lien on tho Properiy and tlic �
<br /> � execurion�id delivery of the Deed of Tn�st does not violate any contract or other obligution to -
<br /> .;.,,�.,..;�� � , which Trustor is subject.
<br /> ��.:�y�`.,; ,.
<br /> ;���L.k�' 3, Tax�c�ASCesSments. To pay before delinquent all taxes,special assessments and all
<br />-�;�r;�, . other charges against the Property now or hemafter levietl.
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<br />.__,�„��,o: q, jng�. To keep the Prnperty insured agains4 damage by fire hazards included with
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<br /> ����� ��' - • the term"extended covera��"and such oth�r hazards as Lender may require in amounts and wi
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<br /> =:�;"'_� � companies acceptable to Lender,naming Lender as an additional named insured wi oss
<br /> ,.,;,;�;�� payable to the Lendsr. In case of loss under such policies,the Lender is aulhorized to ad,�ust,
<br />_R�,r-�'' c�71�ct and wmpromise all claims thereund�r and shall have the option of applying all or part of
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<br />_._;:.�_,:,� the insurance proceeds(i)to any indebtedn�ss secured hereby and in such order as Lent�er may
<br /> .:�"�;_.�_�� detemune,(ii)to the Trustor to be uset�for thc repair or restoration of the Property,or(iii)for
<br /> ��;�;�:�:� any other purpose or object satisfactory to Lender without affecting the lien of this D�ed of Trust
<br /> -`=1"""�'?■� for the full amount secured hereby before such paym�nt ever took place. Any applicadon of
<br /> -=��1�-�� proceeds to indebtedness sh�ll not extend or postpone the due date of any paymen�s under itiC
<br /> y,,.,�,;� Notc,or cure�ny default thereunder or hereuuder.
<br /> S, ES�ZO�. In the event Landor shall require, Trustor shall pay to Lender,in such manuer
<br /> =-_= as Lender may designate,ai��cient sums to enable Lender to pay as they become due in respect
<br /> to all taxes,assessments and other charges against the Propercy. Further,upon written demand
<br /> by Lender,Trustor shall pay to Lender,in such manner as Lender may designa4e,stef�ci�nt sums
<br /> -- to enable Lender to pay as they become due,one or more of the following: (i)tho premiums on
<br /> the properiy insurance required hereunder,attd(ii)the premiums on any mortgage insttrance
<br /> required by Lender.
<br /> 6, !!�!sinte+?ans.c',.�R�y-end So1z.u�nh• nf�C�wish •aws. Tru3tor shall keep the Property in
<br /> good condition and repair;shall prompily repair,or replace,any improvement which may be
<br /> damaged or d�esiroyed;shall not commit or permit tmy waste or deterioration of the Property;
<br /> shall not remove,demolish ar substantislly alter any of the improvements on the Property;s�hall
<br /> a not�commit,sui�er or permit any act to be done in or ugon the Property in violation of any law,
<br /> �- ordinance or regulation;and shall promgtly discharge at Trustor's cost and expense ail liens,
<br /> - "�� encumbrances and charges levied,imposed or assessed against the Prop��y nr any pact tliereof.
<br /> -�'� 7. $m�rnent Domain. Lender is hereby assigned all compensarion,awards,damages and
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