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<br /> j hareof. Trustor rhall delivor to Ben�ti.ciary the original �I " •�
<br /> ! poliai�s o= insurana� and r�nswals th�reot or memo aopies or suah �
<br /> . .- polici�� and rsn�wala thereol. Failux� to �urnish suah insurance ' `.
<br /> �«{ by Trustor, or rsn�wals as raquired hers�ander shall, nt the ��
<br /> � opt3on ot Henefiaiary, aonstitute a default. �„"�="-•��;':-.
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<br /> i6. Taxes, Aseassmente, and Charqe s. Trustor shall pay all =��'�
<br /> I taxes, asseasments and other aharges, including, without '`^':,,`_
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<br /> limitation, fines and impositiana attributable to the Property, `'��� -
<br /> and leasehold paymenta or qround rente, if any, bePore the same
<br /> beaome delinquent. Trustor shall promptly furnish to Beneficiary _
<br /> all notiaea of amounts due under this paragraph, and in the event s�:�:��°�
<br /> Trustor shall make payment direatly, Tr�stor shal]. promptly '����'-
<br /> furniah to Heneticiary receipts evidencing such payments. � �'
<br /> Trustor ahall pay all taxes And asseaswents whiah may be levied ,;,�j-�,-z-:
<br /> upon Beneliciary'e interest herein or upon this Deed of Trust �
<br /> without reqard ta any law that may be enacted imposinq payment oP _1��.:;
<br /> the whole or any part thereof upon tt�e 8en�ficiary. �'�?r1"� .
<br /> �. ��itional Liens and Pratection of Beneficiarv�s ,���
<br /> '� • securitv. Trustor shall make all paynents of inte,rest and �.:�k.• � �-
<br /> ? principal and �ayments of �ny other a2�argee�, fese and expenses . �m�-
<br /> � contracted to be paid to any existing lienholders or prior `•�
<br /> benefiaiariea undsr any prior deed o� trust or mortqage before �`�:_^
<br /> zhe dtsLe `tiiivy Fira c�nlfZ�tinit� aald �ia�u�g+tl3� �ay aa3 3ise�aL.r�a a�1�t ---- —;,�:�.
<br /> and all othor lieng, claims or charges which may jeopardize the t• �It'
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<br /> security granted herein. If Truator faila to make any such +•�-
<br /> payment or fails to perfona any of the covenants and agreements �' {':�"
<br /> aontained in this Deed of Truat, or in nny prior mortgage or deed a':
<br /> of trust, or if any action or proceeding ia commenced which .�.''
<br /> materially affecta Beneficiary�s interest in the Property, r^
<br /> ineluding, but not limited to, eminent domain proaeedinqs, or ;�
<br /> proceedings involving a decedent, or 3f Trustor fails to pay
<br /> Trustor'8 debts qenerally as tihey become due, then Beneficiary, --
<br /> at BenePiciary's option and without notice to or demand upon
<br /> Trustor and without releasing Truator from any obliqation �
<br /> hereunder, mny make such appearancea, di sburse sueh sums, and
<br /> take suah action as is necessary to protect Beneficiary's .
<br /> intereat, includinq, but not limited to, disbursement oP -
<br /> reasonable attorney's fees, payment, purchase, contest or ,��
<br /> � compromiae of any encumbrance, charge or 13.en, ax�c� entry upon the -_
<br /> Property to make repai,rs. In �he event that Trustor shall fail
<br /> to proaure insuranae or to pay taxes, as sessntents, or nny other
<br /> � charges os to make any payments to ex3ating prior lienholders or � -
<br /> ' benaficiaries, Beneficiary may procure such insurance and make =�-���:�'
<br /> � ' such payment. Any amounts diabursed by BenePiciary pursuant to '�c��'�
<br /> j this Paragraph 7 shall become additioral indebtedness of Truator . rt
<br /> i aecuxed by this Deed of Trust. 3uch anounts shall be payak�le •� .•���.:�••�'�
<br /> I upon notice from Bene�iciary to Trustor requeating payment •:.j-:����:.
<br /> i thereof, and shall bear interest from the date of disbursement at �:,�,t����•
<br /> � the rats payable from time to time on outstanding principal under �
<br /> the Note uriless payment of interest at such rate would be .
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