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�01106232 erected upon the Property, shall be altered, removed, Trustor shall comply with all laws, ordinances, reg Property and not commit, suffer, or permit any act ordinance, regulation, covenant, condition, or restric workmanlike manner, any improvement on the Prope claims for labor performed and materials furnished th 4. INSURANCE. Trustor, at its ex insurance with respect to the improvements and pe� lightning, tornado, and other perils and hazards cove equal to at least one hundred percent (100%) of the i hazards and in such amounts as is customarily carrie policies maintained pursuant to this Trust Deed shal interests may appear, and provide that there be no ca� notification to Trustee, and Beneficiary may procure 6 hereof. Trustor shall deliver to Beneficiary the orig of such policies and renewals thereof. Failure to hereunder shall, at the option of Beneficiary, constitu 5. TAXES, ASSESSMENTS, AND ( charges, including, without limitation, fines and 'unpc ground rents, if any, before the same become delinquE amounts due under this paragraph and, in the event furnish to Beneficiary receipts evidencing such paymE levied upon Beneficiary's interest herein or upon thi imposing payment of the whole or any part thereof up 6. ADDITIONAL LIENS AND PR shall make all payments of interest and principal and to be paid to any existing or subsequent lienholder or deed before the date they are delinquent or in defa� claims, or charges which may jeopardize the security fails to perform any of the covenants and agreements in any prior or subsequent trust deed, or if any ai Beneficiary's interest in the Property, including, bc involving a decedent, notice of sale by Trustee, not Trustor fails to pay Trustor's debts generally as the; without notice to or demand upon Trustor and withoi such appearances, disburse such sums, and take si including, but not limited to, disbursement of reasonal of any encumbrance, charge, or lien, entry upon the Trust Deed. [n the event that Trustor shall fail to � charges or to make any payments to any existing or s Beneficiary may procure such insurance and make su disbursed by Beneficiary pursuant to this Paragraph i this Trust Deed. Such amounts shall be payable upon and shall bear interest from the date of disbursement under the Note unless payment of interest at such ra amounts shall beaz interest at the highest rate permissi 6 shall require Beneficiary to incur any expense or tak� 7. ASSIGNMENT OF RENTS. Ben continuance of this Trust Deed to collect the rents, iss located thereon with or without taking possession of th unconditionally assigns all such rents, issues, and pro the Trustor's collection and retention of such rents, iss Trustor is not, at such time, in default with respect performance of any agreement hereunder. Upon any s agent, or by a receiver to be appointed by a court, with for the indebtedness hereby secured, (a) enter upon an own name sue, for or otherwise collect such rents, issu the same, less costs and expenses of operation and indebtedness secured hereby and in such order as Be protection as may be necessary or proper to conserve t for such rental, term, and upon such conditions as its conditions of eacisting leases. Unless Trustor and Ben rents, issues, or profits to any indebtedness secured installment payments as provided in said promissory n upon and taking possession of the Property, the coll thereof as aforesaid shall not waive or cure any defa pursuant to such notice. Trustor also assigns to obligations secured hereby, all prepaid rents and all with said Trustor by any lessee of the Property to sec performance of any of the provisions hereof, Trusto demolished without the prior written consent of Beneficiary. itions, covenants, conditions, and restrictions affecting the be done in or upon the Property in violation of any law, �n. Trustor shall complete or restore, promptly and in good which may be damaged or destroyed and pay, when due, all ;for and for any alterations thereof. �nse, will maintain, with insurers approved by Beneficiary, �nal properiy, constituting the Property, against loss by fire, ;d by standard e�ctended coverage endorsement, in an amount Il replacement value thereof and insurance against such other by owners and operators of similar properties. All insurance name Trustor and Beneficiary as insured, as their respective ellation or modification without at least 15 days' prior written uch insurance in accordance with the provisions of paragraph ial policies of insurance and renewals thereof or memo copies :urnish such insurance by Trustor or renewals as required a default. iARGES. Trustor shall pay all taxes, assessments, and other itions attributable to the Property and leasehold payments or t. Trustor shall promptly furnish to beneficiary all notices of 'rustor shall make payment directly, Trustor shall promptly ts. Trustor shall pay all taxes and assessments which may be Trust Deed without regard to any law that may be enacted i the Beneficiary. �TECTION OF BENEFICIARY'S SECURITY. Trustor �ayments of any other charges, fees, and expenses contracted �neficiary under any existing or subsequent mortgage or trust t, and promptly pay and discharge any and all other liens, xanted herein. If Trustor fails to make any such payment or �ntained in this Trust Deed, or the Note referred to herein, or ion or proceeding is commenced which materially affects not limited to, eminent domain proceedings, proceedings e of default by Trustee, trust deed foreclosure action, or if become due, then Beneficiary, at Beneficiary's option and releasing Trustor from any obligation hereunder, may make ;h action as is necessary to protect Beneficiary's interest, e attorneys' fees, payment, purchase, contest, or compromise roperty to make repairs, or declaration of default under this ocure insurance or to pay taxes, assessments, or any other bsequent lienholders or e�tisting or subsequent beneficiaries, i payment but shall not be obligated to do so. Any amounts shall become addirional indebtedness of Trustor secured by �tice from Beneficiary to Trustor requesting payment thereof ; the rate payable from time to time on outstanding principal ; would be contrary to applicable law, in which event such le under applicable law. Nothing contained in this Paragraph any action hereunder. � ficiary shall have the right, power, and authority during the es, and profits of the Property and of any personal property property affected hereby, and Trustor hereby absolutely and ts to Beneficiary. Beneficiary, however, hereby consents to es, and profits as they accrue and become payable so long as to payment of any indebtedness secured hereby, or in the ch default, Beneficiary may at any time, either in person, by ut notice and without regard to the adequacy of any security take possession of the Property or any part thereof and, in its s, and profits, including those past due and unpaid, and apply collection, including reasonable attorneys' fees, upon a.ny eficiary may determine; (b) perform such acts of repair or e value of the Property; (c) lease the same or any part thereof judgment may dictate, or terminate or adjust the terms and ficiary thereof agree otherwise in writing, any application of hereby shall not extend or postpone the due date of the te or change the amount of such installments. The entering ction of such rents, issues and profits, and the application lt or notice of default hereunder or invalidate any act done Beneficiary, as further security for the performance of the � � onies which may have been or may hereafter be deposited i� the payment of any rent or damages, or, upon default in the agrees to deliver such rents and deuosits to Beneficiarv.