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<br /> Z. Tax�s. Trustor snall aaV each �nttaitment ot all taxas and spec:al assessmenrs ot every 7und, now or hereafter '.' '�"
<br /> �ev�ea aga�nst tne Trust Estate or any aart tl�ereof,�efore Celinquency,w�thout nonce ar demantl. �. •
<br /> � 3. � /isswanci a�d RsAaiis Trustor sna�l ma�ntam !ire and extended coverage insurance �nsu�ing the Improvements � �
<br /> � canstituting part of the Trust Estate fqr such amounYS and on sucn terms reasonably sanstactory to Beneficiary. So long as trie � ' � �
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<br /> Prooerry is secured bv a firsi deed of ;rust or mortCage, compliance w�cn the insurance requirements of the first desd of trust orC� �
<br /> mortgage shall be sutftcienc to sat�sfy tne requirements of th�s paragraph 3 relarnq to insurance. � ; .:•��,;,:, .
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<br /> '�'�f� Trustor shali promptly repa�r and replace Ne Trust Estate or any part thereof so;nat, except far oroinary wear and tear,',,,�, ���.k.;-�}"
<br /> :ne Trust Estate shali not detenorate. In no event snall tne Trustor comrrs�t wasce on or;o the Trust Esace,ar commft,suffer or� ,::";�': �` `f
<br /> ' permit any aci:o be done��or upon the Trusi Esiate in violation of any law, ordinance or repulation. Trustar shall pay and promptfy �;�,,�?� �}-+ �.�_
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<br /> aiscnarge at Trustor's cost and exAense all liens. encumorances and charges ievied,impased or assessed against the Trust F.scate� ° •�:<����---
<br /> or any part thereof. �,��`tp`�'`.`�`�p��,�"�'
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<br /> � 4. Actlons AHecting Tiust Fstate. Tn,stor shall appear in and eorttest any action or proceeding purportinq to affect ^�;bt,---
<br /> �} tne security hereaf ar the rights or powers af Benefi�ary or Trustee,and shail pay ali costs and expenses,includ(nq cost of evidence °
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<br /> of t�tle and atcomeys'fees,in any such action ar pmceeding in which Beneficiary or Trustee may appear. It 7rustor fails to make � :"�=
<br /> , any oaym�nt or to do any act as and in the rnanner provided in any ot ihe Loan Instruments. Beneficiary andlor 7rustee, each in •�!��i f-�,�;�-
<br /> me�r own discre�on,without abligation sa to do anG without notice to or tlemand upon Trustor and without releasinq Tnister from ��.:`'�;
<br /> . any obligation, may make or do the same in such rnanner and ta such extent as either may Geem necessary to pro2ec2 the security �'���:-_-
<br /> hereof. Trustor st�all, immedfately upon demand merefor b Beneficiary, pay all costs and expenses incurred by Beneficiary in �'�'�'
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<br /> conne�iion with the exerc�sa by Beneficiary of the faregoing nghts, inclucting without Iimitation costs of evidence of dtle. court t::i--
<br /> costs, appraisals, surveys and attameys'fees. "=��}°_�
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<br /> � � 5. Emin�Rt Doma(n. If the Trust Fstate,or any part thereof or irtTerest t}�erein, be taken or damaged by reasan of •;;c'�i�
<br /> any public improvement or condemnatian proceeding, or in any other rnanner inc:udJng deed in Iieu thereot ('Condemnaron"1, or
<br /> �� �f Trustor receives any notice or other informadon regaraing suc� proceeding, Trustor snail give prornpt written nooca tnereof to — _
<br /> Beneficiary. Trustor snall be enn�fea to all CompensaLion, awaras and other payments or relief thereof anC snall be snmled at its
<br /> ootron ta cammence. aoDear in anc �rosecute in its�wn name any ac7on or pracaedings. Trustor snall also ae ent�tlea to make -
<br /> � any �omo►omise or ser.:ement m c�nnecaon witr s;:cn:aKing or �amage.
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<br /> _ .. �. 3. Anpoinrmenr o/Sucasssor Tiusree. 9enefic:arv mav. :rnm c�mP ro nmP !�y a wnrren�s.-rumenc sxecutea antl _ , _
<br /> � acxrow�eoged 5v 8eneficoarv, ma�iec-c "rustor anc•ec�roea �n;ne County �n wn�cn;ne Trust Estate:s bcatea ana �y ocherw�se
<br /> �� ��moiying w�tn;ne orov�s�ons of;ne aoc�icaole law:r;7e State aT Nenrasxa s�es:itute a successor or successors:o :he Trustee
<br /> � ^amea here�n or ac;ing nereunder.
<br /> � 7. SuccessorsandAssigrrs. This Sec:�a Destl of Trust aoplies;o,inures to:ne benefit of ana binas all oarties nereto.
<br /> �neir�e�rs.�egatees, aev�sees. perscnal re�res;ntatives, suc�essars ana ass►gns. �e term'9enefic,ary'snall mean:rse ownpr antl
<br /> � noioer of any promissoN note given ;o :eneficiary,wne:�er or,ot namea as Beneficiarv nere�nl.
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<br /> � 8. Mtrgei Consolldadon, Sales or Le�sas. Trustor�ovenants that�rustor will not Sell,iease or atherwise disnose -
<br /> � of anv af the Trust G^tate. In che event;nat Trustar se►Is,ieases or othenv�se diseoses of any part or me Trust Estate,Beneficiary
<br /> mav at �ts opt�on dec:are tne Indeeteaness securea nareby �mmeaiacely due and payable, wnetner or not any default exists.
<br /> �.. Benefic�ary shatl consent ta a trar�sfer of the Trust cstate to a tnire Aanv to the extent such th�rd party meets the reQuiremertts
<br /> ?F c�n2ained in, and assumes the obligations sec forth� :he First Deec1 of Trust. The covenants contained herein snall run w�tn the �
<br /> ': Prooerty and snall remain m full forca ana effect unnl Cne IndebteCness�s peid in fu1L �-_.
<br /> . 9. Ever�u ot Dslau/t. Any of the folbwing events shall be deemed an event of default hereunder: �� __�
<br /> lal default shall be made in �ne payment af the Indebtedness or any other sum secured hereCy when due; '�
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<br /> �' fbl Trustor shall aerfarrn any ac2 in bankruDtcy; or =-"��"
<br /> , ; (c) a court of competent jurfsdic�on Shall enter an ortler,judqmertt or decree approvirp a pedaan filed against a-s�rn_ �.
<br /> Trustor seeking any reorgarnzaran, dissolutan or similar reliet under any present or future fetleral,state or other statute. �..� �_�_
<br />- " law or regulaUOn relating ;o bartkruatcy, insolvency ar other relief for debtors, and sucn order, judgment or decree shall '�
<br /> � remam unvacaced and unstayetl for an agpreqate of si;cty(6Q1 days(whether ar not cnnseaunve!from the firs[date ot erttry .,�a '��'�
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<br /> . : thereof; o� any crustee, receiver or Iiquidator or Trustor or of au or any pert of tne Trust Estate,or of any or all ot the � "�`*-�=�=r=R°
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<br /> _ royalt�es,revenues, rents, issues or profits;nereof, shall be appomted without the consent or acquiescence ot Trustor and �F{�:'„'.%:
<br />-_ such appointment shall remain unvacated and unstayed for an aggregate of s�xty (60)days(whemer or not Consecunve); t •••�v,-.,;k;,
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