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<br /> 2, lexet. Truetor shall pay ttach(n9talYment ol nll laxo9 end apoclal essQaemonle of"ovqry I:Int�, naw or horoollc► ��,
<br /> Invled eAalnst the Tru�t E�teta or ony part thereof,beto�e dellnquoncy, W�lf�OUt noii�n U���iii&�id.
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<br /> 3. lnsurincs irtd Repalra. 7rustor sha►1 me�ntein Ilie ond extended coverepe Inaurence Insvring tlie Improvement� ;
<br /> � ; ' canatltutinp part ol the Trust��tete(o� aucl�emount�md on such terme rnasonebly eatlelectory to Bene�icfery. So lonp ea the
<br /> PropertV 13 sacured by e tlret c9eed af t►u�t or mo�tpage,complionce wlth the Insu►anro requiremente o1 tho flrot deed ol trust ar
<br /> morepepe ehall be eulilclent to eed�1Y t he requ lremeia ts o? l ht s p ara pra ph 3 rciatln y to In�urence. _
<br /> •,°'�'� Trustor ehei)prormpUy repalr end replace the Trust Estate or any part thereoi so lhat, except lor ordlnary wee►end teer, �(�`
<br /> �� the Yruet Estate ehall not deterlorate, In no event efran lhe Trustor commit weete on or ta the Trust B�tate,or commit.suf/nr or
<br /> permit eny ect to be done(n or upon the Trust Eatete I�vlotatlon ol eny law,ordinance or repuiatlon. Truator ehali pay ertd promptly �
<br /> �- discharpe at Truetor'e coat end expanse ail lien�, encumbrencea nnd cherpos IevletD,impoaed or esseeeed epainat the T�ust Ettate �''.`_
<br /> or ony pnrt thereof. --
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<br /> ��'� 4. ActJons Alfsctl�rg Tioit Estets. Trustor shall eppeor fn end contest eny eclton o►proaeedinp purporqnp to allect �-
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<br /> a. . tho security horeot or the rtAhts or powero of Beneilcle�y o�Trustee,and shall pay eil costg end expeneee,includinp cast of evidence _
<br /> al titlo and attorney�'iees,In any such action or proceedinp In which Bonaliciary or Trustoo �nay�ppear. 11 T�ustor leils t0 meke �
<br /> any poymant or to do any ect as and in lhe manner providnd in any of tho loan Instruments, Beneiiciery end/or Trustea,each In =:
<br /> ' �;:�< ' thal►own dlscredon,without obllqatlon ao to do and without notice to or demand upon Trustoi and wlihout releasinp Trustor Irom r
<br /> any oblipetlon, may make or do the aame in such menner and to such extent as e�thar may desem neaoa�ary to protect the aeeurity ��:`
<br /> ' •,��'�i� hereoL T�ustor shatl, fmmodiatoly upan domand the�rdo�by Benolict�ry, paY ell costs and expensea l�curred by Deneticlary(n �yl:
<br /> ,.,.,�.;i�,;;.;;.•,1.?;.' connectlon with the exerclse by Bnnetialary o1 the faropoinp oights, Inoluding wi4hout ilmitatfon costs o1 evidenco af ti118, caurt _
<br />:;<`�,'•r,`��' �' costs,appraisei�, surveys and attornoys'ioes.
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<br />`�e•�;f�o, 5, Eminent Domafn. If the Trust Eslate,or any part thereol or Inte�est therein, be takan or damaged by roason o _
<br /> _ eny public Imptovement or condemnation proceeding,o► tn eny othe►m�:nner Inaiuding deed in Ileu thereot('Condemnation"1, or �
<br />''�;�'-�°�� II Truetor recelves any notice or ather iniormation reqerd3nq such proaeeding. Trusrot shetl give prampt wrttten notice thereol to
<br />-�"�=z� Beneticfary. Trustor shell b� entitted to e�l compensatlon, ewards end other peyments or rellel thereol and ahail be entlUed at fte
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<br />•-;�,�z optfon to commonco, o{spaar in end prosecute in Ite own name eny ection or pro�ceedinpe. Tro�tor�hstl nlao be enUUed to me e
<br />-���y�;-.- any compromise vr settlement In connectlon with euch taklnp or demepe.
<br />:`=��t�:�j 8, Appolntm�nt o/Succ�aaor Trust��. Benelicbry msy, (rom time to time, by e w�itten instrument executod md
<br /> ��•�•�.'-. �r.knnwledned bv 8eneficlety. malled to Truetor end reco�ded In the Cou�ty b�which the Trust Eatete Is located end by otherwlte
<br /> '-.=.::i,.�:� comptYlnO wllh the provlslone of the eppllaeblo lew ot lhe Stete ot Neoresice eaoaiiiuie e a:;�.�eava�G:txa-==�'=S^ �!'"Trwtae
<br /> �"'��! ne�rdd herein or�cdnp heteunder.
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<br /> -- "`� 7, Succ�aaaa�nd Aaifyni. Thle Second Deed ol Tru�t eppllee to,lnurea to the benefit ol end binds all psrtlee herero.
<br /> -- hotder�ot e y p amitso►y note OI en torbenefli.la�y,�Iwhe her�or�not namnd�ae Be ellclery herein�Iaryr�h�ll mean the owner end —
<br /> 8. Mager,ConsvlldiNon,S�l�s or Leesrt. Trustor covenanta thet Trustor witl not�ell,teeae or otherwiae diapose
<br /> - ot ony ol the Trust E�tete. In the event that Tru�tor cells,leaaes or otherwlae dlaposes ot eny part o1 the Tn�st Estate, Benellciery
<br /> may et Its optlon dectarn tha Indebtednesa ac+cured hereby Immedlately due and PeYable. whether or not any defeult exists.
<br /> 8ene(Ictary shatl consent to a transter ol the T�ust Est�te to e third pa►ty to the extent auch third Darty meets the requlrements
<br /> Contained ln,end aasumes the obllpetlons sat larth in the First Deed of Trust. The covenants contelned herein shall run with lhe
<br /> Praperty end shatl remain In lutl force and eflect unlU the Indebtedness Is paid In Iuil.
<br /> -- - 9. Events ot.�ofautt. Any o1 the lol�ow(e�p events shait be daemed an event ol dolsutt hereu�das:
<br /> fa) default shell be onede In the paYment a1 the lndebtednes�or any other sum secu►ed hereby when due;
<br /> or
<br /> s� (b) Trustor shall perlorm eny ect in bankruptcy; or -
<br /> (c) e court of compEtent�urisdiction shell enter an order,(udpme�t or decree epprovinq a petillon 11Ied epainst
<br /> Trustor soeking tny reorpanisetton,di�aolutlon or sFrniler rellet under 0ny present or luture iederal,stete or other statuts,
<br /> - law or resgulation r�laltnp to bankruptcy, inso�vency or o4har relief tor debtor�, end aucfi orde�, �udpment or decree ahell
<br /> remaln unvacated and unstayed tor en epgrepate ol sixty(80)days(whet7�er or not consecutive)trom the Ilret dete ot entry
<br /> thoreof; or er�y trustoe,receiver a► liquldator or Trustor or of all or eny part o1 the Trust Estato,or oi eny o�811 01 the
<br /> royelties,revonues, rents,issuos or prolits thereol, shal)be eppofnted without the consent or acqutescenCe ot Trustor 0nd
<br />----� such eppofntment shall remaM unv2catod and unstayed Ior an eppregete ol sixty (601 days(whethar or not consecutivel;
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