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<br /> �' .< : ; � ��t tl�lans;uagr cunta�nrd in this Dc�ed of Trusc to the canuary.the terms of this section shall . .. .
<br />- , .•- �� t.. �ut.tii{haWuctinr�n}_ e of titte to BenefcciarY or aay
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<br /> � ° sun i�r:,ng forecic,surr ur+atistaction of this B��ed of Tntse regardtess of any passag �h�y��. ., �.
<br /> : ' ` .� �' di.cpositi�,n hy I3er,ctician uC am•ar all of Ute Property. Am claims and defeases to the contrary _
<br /> {,: . rivate or public , ,
<br /> ` � • =u. � ���DE�i'.`�1T(OV. Tmst��r�cill gi�e Bcncticiary pranipt nocice of any action.real or th�Iene�u�ott emine�domain, . .
<br /> ' � , � :.iics to purchasc or[ake:+nc or afl�if the Ptoperty. includingoany�easro�u��,��ted for the establishmeat of aay . , ,,,'.
<br />,°�:. " .::i�other means.Tru>�or further aerers to noafy Betteficiary Y P oa the Propercy csr anY P�of it. �r
<br /> . .� �rr, �vater, conscn'auun• ditch. Jraina�e, ar othrr diserict relating co ar binding up __ ,;?�;��
<br /> : �.tar authnri�xs Brnrtici:ery ir�mtihr acti n or�ila m.Trusetor ass gns to Beaefidciary the�proee�ls of an�y aw�t i� _� . . �.
<br /> Such proceeds sha11 be `
<br /> • recrice all .um�r�ti�d[ni, s art of the Property. ..
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<br /> ef:►mages a��inre:teci �ti�cttz a u►ndctnn.+tion or other takin uf all or any p
<br /> •idered pa}•sncn�s.ui���ill hr npplic�i as pro�•idcxl in this Deed uf Trust. This assignment of proceeds is sublecc to the f`I -
<br /> , . :::of an}•pri��r ucun�� a_rr�nnrnt. _ Y , ,.
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<br /> t: � 't. t�tii'RA\CF..Z'rustur agrecs to m.'►intain insurancr as follows: --
<br /> �r�. �_ � � \. Tcustor yhall kc�cp thc Proprny�insured agains�loss by fire.thefc and other ha�uds and risks�°�1�e°�� •r�Y:., ` �
<br /> `• � ' �vith the Pro�eny du(r�Qoadi}n. This insurance shalhl bemaintau�ed mythe luamounts and for the pe ods that h
<br /> �`� � � ` loss due to tl�ods S
<br /> ' . Bcneficiary rrqu�r„•.dThvhi hsu h�not�be unreasonablywit�hheld if Ttuscobr fail�bmaintain the coJvetage � i
<br /> ``. � Brnchciarp's appn s ri ts iII the •`."_,�'�
<br /> ' � described abu�•r. t3���rtician• may. at Beneficiary's option, obtain covenge to pmteet BeneficiuY' P� _
<br /> `•�: ' _ � pmperty accordin�to thc tcmLS of[his Dced of Trust. :��.�
<br /> �;:. . :�. ;
<br />" � A►I i�ur.ince pulicirti and renr«<als shall he aeceptable to Beueftciary and shall inelude IIstan B��� - ,
<br /> ';; ' ` ` clause" :�nd. �.hrrc :���Il�ani�. °brneticiary loss payee clause." Trustor shall immediatelY �Y - -
<br /> {;,,.. . • c;anceilation ur trrn�in�►tist��r shaU�timm�iiuteB1Y Sive [o Benefciary all r�ecepts�of paid premiums aad rene�1 _ '' -
<br /> Beneticiary rryuirr;. B�fieiatY maY " `'"
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<br /> °r,�--� ', ; , -- n��i���, l;pon Io.s, 'frustor,hall giee immediate notice to dte i n s u s a n c x c a r r i e r a n d B e n e��az Y' _
<br /> , . • ,, mabc pruut oC I��s�il nut made immcdiatcly by Trustor. ��_
<br /> t,:., y � ' ued to reswratioa or �'-=
<br /> , • ` Unl��ss B�meticiarg and Tnutar othenvisc asree in writing, insuran�e proceeds sha11 be apP s security is noi �,: ��,;.-
<br /> (r . ,r... repair ol the Proprrt>-damaS��d if che restaration or repair is economically feasibls�ty�o�d be lesseued,tlte �:�._;���+- __
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<br /> - lessened. If thc r�wtora[ion or repair is not econouucally feasibie or Beneficiary �d to Tmstor• �":"t�....�
<br /> E`-� . � `,'��� , insurance proci:eds shal!be applied to the Secured Dabt,whether or not then due,with�y ex�P _-
<br /> . If Trustur abandons Ulc Property. or does not answer withiu 30 days a notice fr mceeds. BeaeficiaYY may nseathe ,,. ��'�:;��
<br /> ' canirr has offered t�scttle a elaim, then Beneftciary may colleet the insutance P • ,T,_�
<br /> � ' ; ', pmccrds to repair or rescore[he Propercy or to pay the Secured Debt whether or not then due.The 30�day periad . _,._-_
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<br /> : will hegm��•hen the noticr is gieen. _
<br /> � ` Unless Bcn�ticiary�.:uiJ Trust��r othrrwise aDrcr in writing,any application of proceeds to principal shali not extend ,'`. .,�'.�;;
<br /> �,. . .
<br /> ' ;� �,r pustpone tlu dur date ot schcduled paymcnts or change the amount of the payments.If e��P�� b$�9ef°o� . .
<br /> �,� bJ Bcncuctary.Trusn+r's right to any insurancr policies and proceeds resuUing from dau�ag oP,�Y
<br /> - the acquisition sliall pa�s ta Beneticiary co the extent of the Secured Debt immediatelY before the acquisiuon. T
<br /> • . R. Trustor agrees ta►naintain cc�mprehensive general liability insutance namin8 B��Y�����o���� ;,-'�- .
<br /> � • an amount acccpi:+btr u�Beneficiary• insunng against claims arising from any accident or occu�reuce in or oa the
<br /> � Proprny.
<br /> �. • ' c'. Trustor agmes to maimain rrntal luss or busin�ss interruption insurance,as reyuired by Beneficiary,in an amount ''�: ....,;�;_
<br />- . ' � cqual to at Ica�t cavcrage of onc year's debt service.and required escrow account deposits(if agreed to sepatately _
<br /> ,:;• . ..
<br /> , . in�vriting). undcr a t��rm of policy acc��ptablc co Bencficiary. __
<br /> ,';;''�� ' � �?.�t►NSCKb�Y F�)R TAXI•:S A\p 1\Sl1RA\CE. ilnless othcrwise provided in a separate ageemetu.Tmstor wiU aot . __
<br /> .. .. : , :. �cctuircd to pay a�firnrfiri.�ry funds for taxcs and insurana:in t�crow. `l`
<br /> .. .:� �3. � i��\CL�1. [tEPO!i'1'ti .��t) A1�D17'IC)1A1. DOCUtitEN'f5. Trustor will provide to Beneficiary upon request, anY • •,= r:--
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<br /> u�cial statcmeut ��r iniunnation flrnciiciary may dcem nece�sary. Trustor warrants that all financial statements and
<br /> • ,rmatiun �I'rutiu�r pri��idcti to 13cnelici:+ry are. or �vill be, acc:urate. correet, and eomP�ete. Ttvstoi agiees to sigtl :
<br /> , ' , . �,�cr, and filr a� Brnctici:�ry ma}• rcasonably requcst any additionat documents or cenifications that Beneficiary may
<br /> ry;' • .. .�,,,�►cr ncccssary tu prrirc�. continue,and pr��scrve Trustor's obligations under this Deed of Trust and Beneficiary's lien
<br /> . �. :� �,uti on�hc Property. If Tru,mr fails to do sn. B�nteii�iary may sigtt.deliver.and file such dacuttlents'onrf�p�do the
<br /> ��:"�• � ' '' i ����tor's namc.md 7ru�tur hereb}� irrcvocably appoints Beneficiary or Beneficiary's age�t as 3ttomey �
<br />_ , , ��,:��,s ncecssary to comply with this scction. ,. . .
<br /> ` �.1,.It�t\I'A�II 1N1)IV11)l'Al. I.1A1311.ITY: CU-SIG�iERS;SUCCESSORS AND ASSIGrS BOUND.All duties wtder
<br /> " ,. p�d ut'Trust an j�+im and individual. lf 7'rustor sisns ihis Deed of Trust but does not sign the Bvidence of Debt.
<br /> ' : , ��iur duc� ��� unly �o nu+rtgage �(ru�tur's inurest in the Property to secure payment of the Secused D ot�ana D�f •
<br /> �',." • •, •,not arree to he per>u�i.d�y►iab:e nn�he 5ecurcd Debt.Trustor agrees that Benefieiuy and any partS+
<br /> � ••r ma}• cxtcnd. mtalit�': �+� makc an}• changc in thc tcrms nf this Deed of Ttust or ihe Evidence of Debt witPtout
<br /> �. ��+r's am�cnt. tiu�h .�cl�.m�c��•ill nrn relra�c Tru.�ur from ilie terms ut this Deed of Trust.The duties and benefits of
<br /> ' I�rcd��I irn�i �h:�ll hiud and hrnrtit the>uc.r����rs and assigns of Trustor and Benefteiary.
<br /> �� ,:.. ' �iti DccQ uf 1'ru,��crurc` :t"u:►r:mt}'hct�vrcn I3cnciiciary and Trnstor and does not directly secure the obligation which
<br /> �c�ranticJ. "I�ru+iur :,_�rcr� n�vra��c an>" nghts that may prrvcn[Bcncficiary from bringing any action or claim against
<br /> , � j : ���„r ur auy p:�ny indch�cd�mder ihe oblig:aiun inclu�lin�,.hut not limited to,anti-defieieney or one-action laws.
<br /> . ' � �. �rPL!(:.Uil.h: 1.A��': tiF:�F:ltAfit1.17'Y: IN"1'H:RPRETATION. This Deecl of Trust is govemed by the laws of the . _
<br /> ����'� . • ,; �,diction �n «•liich licnchci:�ry i� lucatcd.cxccpt to the cxtent oihen�ated�9This Deed of Trustmay not betamended ot
<br /> . � . � I'ruperl�• i� t�,c:i�cd. I im I)erd��t �('ru.i iv cumplctc:uid tully intc;.
<br /> . .3 . ,
<br /> °�Iicd h� ��r:�l :r�rcr�r.�•u� ���c ���c�i„�� ��r �I:��i`� iu thi. DcrJ of Trust. attachments. or any agreemem related to the
<br /> � :rrd O�•ht ilcu ���i Iln�• .�:th a�,�,lte:d,lc l:��ti� ��•ill unt he etlectrve. unless that law expressly or impliedly petmits the .
<br /> ,nuu�I,� ti�i iur;: .r^ .i•n-�ul. II .mc �rcunn�,r clau�e uf Qtis 1)ced ��f Trusi c:+nnot be enforeed aeeording to its terms.
<br /> .:'; ` �i•�I�„�� „� �I.��i•: �.��II :�r �c�r�r�l .,nd �c�ll n��I :t�iCCt tL+� cufur�c'sbility nf Ihe remainder of this Deed of Trust.
<br /> ;�i•��.� ,�..i•�; i�,,•.�n,• il.�� �h:ill iu�lu�:r Ih�plutal :nd d1C��lUfal �hc singutar. "fhe captions and headinss of the sections
<br /> • ; „U�•�•�i„i I�u.i ,;�� i�,: ;,.n.�•n�rn�c �nd� and are nut tu he u�rd t��intcrpnt or detine the terms of this.Deec4of Tru�t.
<br />. , • • 14�i� Iltt'l'�.�CIUC IlI �III� �)CCI�nl��flhL � P09o50/6 .
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