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<br /> ' vanced b Beneflciary to protect the � • . . , . -
<br /> � b. Payment of all surns ad y
<br /> ; ZYust Estate, with interest th�reon at the rate of ten percent (10%) per � '.,
<br />") Gll4•�� `, . ' , . 4 . .. __ �
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<br /> � This Deed of Trust, the Note, and any other instniment given to F . : r :
<br /> � evidence or further secure the payment and performance of any K t . • __
<br /> � obllgation secured hereby aa�e referred to collectively as the "Loan �. . .� - � � .�_
<br /> Instruments.° ' `
<br /> <<.
<br /> TO PROTECT THE�ECURITY OF TffiS DEED OI+' TItUST: _ . . ' ��,�-
<br /> .ar;. ,
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<br /> 1. Pa�e�t of Iadebtedness. Trustor shall pay when due the ; ��-�_-
<br /> principal of, and the interest on, the indebtedness evidenced by the Note, x, '
<br /> char es, fees. and all other sums as provided in the Loan Instruments. ��•`� _
<br /> � ��.'`�-
<br /> 2. Taaes. 'lYustor shall pay each installment of all taxes and ��. ��
<br /> special assessments of every klnd, now or hereafter levied against the � , �'•�,��
<br /> •�± TYust Est.ate or any part thereof, before delinquency, without notice ar �"==�"�'�'-
<br /> demand. and shall provide Beneflciary with evidence of �he payment of [' _; °
<br /> e. Trustor shall a all taxes and assessments which may be levied �. r`�Y' '=��"
<br /> saan P Y
<br />. upon Beneflciary's interest heaein or upon this Deed of 1Yust or ihe debt �
<br />� secured thereby, without regazd to any law that may be er�aet�1 imposing ._�.;,,, _ _.
<br /> payment of the whole or any part thereof upon the Benegciary. ' �i- : ' � _
<br /> <.n� '�.t�,
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<br /> 3. Iasurauce aad Iiepairs. Trustor shall maintain flre and ;, -'s
<br /> � ',� �::.
<br /> e�xtended coverage insurance insuring the imProvements and builciings ,� •,; � �
<br /> � constituting part of ae �Cftal balance of the Note (co-insurance not _ �' r�__
<br /> amount of the unpai p p . : : �
<br /> exceeding 80% permitted). Such insurance pollcy shall contain a t�-
<br /> e clause fn favor of Beneflciary and shall not be J � _'
<br /> s�andard mortgag • � :.-
<br /> cancellable, terminable, or modiflable without ten (10) days prlor written _
<br /> notice to Beneflciary. 1Yustor shall promptly a�epair. maintain, and :r ��.,�..:.
<br /> . replace the Trust Estate or any part thereof so that, excep ofevent�sha�ll �'�'�`''��'�'
<br /> wear and tear, the Trust Estate shall not deterlorate. In :� �-.�.: •��
<br /> 4flae�rustor cornmit waste on or to the Trust Estate. =;_;�; - - _
<br /> 4. Aetions Affecting Trust Estate. Trustor shall a ear in and �.� ���
<br /> PP �r�=*..�.:�:'T �
<br /> contest �nm actlon or roceeding purporting to �'ect the securlty hereof T,,-�;;.,, —
<br /> os the right.s or powers of Heneflciary or TYustee. and shall pay all costs �'�"�"�� �'
<br /> .. � , , , ��,_
<br /> �md expenses, inc lu d i n g cos t o f evidena� of ritle and atto�e ys' fees. in .� ":.,�- x
<br /> � any such action or proceeding in w�ch Beneflciary o� 'IYustee may . _
<br /> �;. �f3�.�.:"' .
<br /> appear. Should 'IYustor fail to make any payment or to do any act as • •. =�•..,�;, t•
<br /> P Y �� `�:��� ��`,,
<br /> and in the manner rovided in an of the Loan Instruments, Bene$c:. ��.—
<br /> ...- �--��.. --
<br /> and/or 1Yustee, each in its own discre�ion. va�ithout obligation to do so � ��. � ,�_�,
<br /> and without notice to or demand upon Trustor and without releasing -- � � �- -�•��—
<br /> �-�-
<br /> 1Yustor from any obligation. may make or do the same in such manner .
<br /> and to��lch extend as efthe� may deem necessary to protect�the s�urity � � . � �
<br /> � �PTP�f 'i�rustor shall,immec�at�ly upon demand therefor bg�Benefleiary, . _ . : •• � _ . �„
<br /> pay all costs and e�penses irrcurred by Beneflciary in coruiection with the . : . �_
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