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... i ,'� : „� .. � :a.��a.�� .t . . ,;�"'• . . ' ..Ar��. .. .tt`y.�.r =�._ ......w:.rn. � .-i. .. . �---_— ' —.,.�_;.... .. ..e�4�'^ ...>.- . .. . . . . .. . . .� ..� . ., . 98- ��t��39 b. Payment of all sums a�vanced by Beneficiary to protect the Trust Estate,with interest thereon -� _ at the rate of Pourteen Percent (14%}per annum,and '" � c. The performance of Trustor's covenants and agreeznents. . T° d. Prena,, vl� nent• There shall be no penalty to the Buyers for prepayment of principal amounts. y Tlus shall not excuse the Buyers from making the next regular scheduled payment. . r:__ This Deed of Trust,the Note,and any other instrumeat given to evideace or further secure the payment and performance of any obligation secured bereby are referred to colleccively as the �.,-' y-- "Loan Instruments'. - TO PROTECT THE SECURITY OP'I'HIS DEED OF TRUST: s; 1. PAYMENT OF INDEB'TEDNESS. Trustor shall pay when due the principal of,and the _ interest on,the indebtedness evidenced by the Note,charges,fees and all other sums as provided �- .� in the Loan Instruments. °_ �, � :� 2, TAXES. Trustors shall be required to pay 1/12 of the real estate taxes on the first of each rnonth,to the Trustee's Trust account.Trustee shall pay each installment of all taxes and special = assessmeut�of every•�ind,uQ••=.'or here?fter levied against the Trust Estate,before delinquency, and shall provide the Trustor and the Beneficiary with evidence of the payment of same. 3. �TNSURANCE A'ND REPAIR�. Trustor shall maintain fire and extended coverage insurance = insuring the improvements and buildings constituting part of the Trust Estate for aa amount no � less than the amount of the unpaid principal balance of the Note{Co-insurance not exceediug 80% �_ . • perrnitted). Such ittsurance poliry shall contain a standard mortgage clause in favor of Beneficiary , ' and shall not be cancel�ble,terminable or modifiable without ten (10)days prior written notice L to Beneficiary,Trustor shall promptly repair,maintain,and replace the Trust Estate or any part =�� thereof so that, except for ordinary wear and tear,the Trust Estate shall not deteriorate. In no �__�._ �� event shall the Tru.ator commit waste on or to the Trust Estate. Trustors shall be required to pay ``�_ �' 1/12 of the next years insurance premium on the first of each month,to the Trustee's Trust � _ � account. Trustee shall pay the insurance premium for the next year and shall provide the Trustor _ � and the Beneficiary with evidence of the payment of the same. `_ � 4. ACTIONS ?�FFECTING TRUST ESTATE. Trustor shall appear in and contest any action _ - ° or proceeding purporting to affect the security hereof or the rights or powers of Beneficiary or �� Y.......�:�,.. Trustee,and shall pay all costs and expenses,including cost of evidence o£title and attorney's fees, ��°:r;_:� .-�:- ia any such action or proceeding in which Beaeficiary or Trustee may appear. Should Trustor - � �.��' t or to do an act as and in the manner provided in any of the Loan . � r�;;��,�• �V� fail to make any paymen y � -,��s =. Instruments,Beneficiary and/or Trustee,each in its own discretion,without obligati.on so to do . ,� and without nocice to or demand upon Trustor a.nd without releasing Trustor from any � ::_',�}; obligation, may make or do the same in such manner and to sucA extent as either may deem x � necessary to protect the security hereof. Trustor shall,immediately upon demand therefor by , Beneficiary,pay all costs and expenses incurred by Beneficiary in connection with the exercise by beneficiary of the foregoing rights,including without lirnitation costs of evidence of title,court � --- l - . - -- .- --- � - -