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<br /> prior writton cor►aorit of Hanalicia�uy. Truator ohali aomplato or
<br /> :.; . ros�or� pxomp�tly and in gocd workmnnlik� mann�r aay improv�m�nt _
<br /> .
<br /> . or► tho Proparty whioh may b� damsqod or do�troyad and pay, whan
<br /> " �'�'" due, all claims !or labor perlormed and mnt�rials lurnish4d �
<br /> a' th�r��ora aad !or any alt�rationa th�r�or.
<br /> r`,'
<br /> 4. com�liance with Lnws. TruBtor �hall aomply with all
<br /> - - z�, . �:,V' �, laws, ordinances, rec�ula�ic�ton�, aovonant�, cor►dition� and
<br /> ��,�". =___��� restriationB a!leating tho Property and not commit, auiler, or
<br /> ____� _..._ permit any aat to be done in or upon the Property in violation of
<br /> '�=�r '' 4 asny law, ordinanao, req�l�tion, aovenan�, aondition or �
<br /> - - -����------ r�a�r�ic�tian. �-
<br /> �.4�.
<br /> �:'kf2����JL� :
<br /> _ 5. Insuranae. Trustor, at its expense, will maintain
<br /> with insurer� approvad by Benaticiary, insurance �rith reapeat to
<br /> -- �..�,�°_�� the Impravementa and pereonal property, aonstituting thQ -
<br /> - � ,; - - - Property, against loss by tiro, lightning, tornado, and other --
<br /> "'�_'�'�r �� perile and hazards aovered by standard extended coveraqe
<br /> - �=-_:_ ., • . -
<br /> ,��...=-5� n�'' '.-.t: andoraoment, in an amount equal to at least one hundred percont
<br /> -�_`�f��=� �' °^ (100�) of the full replacement value thereof and insurance �;
<br /> _--�'�������••�� �� ;�n�'� ageinst such other hazards and in cuah amountQ as is cus�omarily
<br /> - � -•�� carried by own�rs and operatore of similar propertiea or aa
<br /> �'`� = � '� Beneficiary may require for its protection. Trustor will comply
<br /> .t°,� ,,,...-
<br /> ;� �.�..��$'�;..:.:�;,; with such other requirements as Beneficiary may from time to timo
<br /> 5,��;;��:;.;;:-`:-<;''� request for the protectfon by insurancQ of the interests of the
<br /> -.:.;.. "• «�.�� . ��} "" reapectfve parties. All ineurance polioies ataintained pureuant
<br /> y 4; ' ��R` to this Deed of Trust shall name Trustor anfl Benetiaiary as ��;
<br /> �''�'��*"-�� .- in�ureds, as their resgective i ntA�oata may appsar! and provide
<br /> -�- � t.ttat there shall be no canaellation or modification unless at
<br /> -: . � � •_ least fifteen (15) days prfor written notiPication thereo! fs
<br /> _ •• actually delivered to Trustee and 8eneficiary. In the evQnt any
<br /> � . ' , polfoy horeunder is nat renewed on or before fifteen (15) days
<br /> . '� p�ior to it� expiratfon date, Trustee or Henefiaiary may procnre _
<br />- '�'' � �^""'��' such insurance in accordance with the provisions of Paragraph 7
<br />_- ' ��' hereof. Trustor shall aeliver to Heneficiary the criginal
<br /> a= _ , �, policies of insurance and renewals thereof nr memo copie� of
<br /> 1:,� � . "•- such policies and renewals thereof. Failure to �urnish such �-
<br /> �•L��� •-�_�� insurance by 'rrustor, or renewals as required hpreunder eh�Il, at
<br /> 1�.. � ,�._, . Y . the option of Heneficiary, conetitute a default.
<br /> ?� � . � 6. Taxes, Assessments,�d Charaes. Trustor shall pay all
<br /> ' � ° taxes, assessments and other charges, including, without
<br /> ': . �''� �• limitation, fines and impositfons attributable to the Property,
<br /> •w�r.... ..'l+I
<br /> ° �' � and leasehold paytt►ents or ground rents, if any, befora the same
<br /> � , become delinquent. Trustor shall promptly furnfsh to Beneficiary _
<br /> all notices of amounts due under this paragraph, and in the event -
<br />�,, Trustor shall make payment directly, Trustor shall promptly
<br /> '� _ :�:� furnish tc Beneficiary receipts avidencing such payments.
<br /> � � '' Y� � Trustor shall pay all taxes and assessments which may be levied
<br /> � ''� `�' upon Beneficiary'$ interest herein or upon this Deed of Truet
<br /> ��:�""�°- without regard to any law that may be enacted imposfng payment of �
<br /> � the whole or any part thereof upon tho Beneficiary. �
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