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ti+�+ ZVVVte) MO OF TRUST THIS DEED OF TRUST, rnatN file day a4 _ —. ?9 , by and among - - - - -- -- whose eeurung address !s 1Shastl {City) — -- - — (State and ZIP) (herein "Trustor "). and ""wing address Is (Street) (Cityl (State and Zip) - -_ whose (Herein -Trustee "): and t . ^— —_ _ _, _, whose mailing address is (Street) _ _ t,, „- 3 ! (tY) -= — iState and Zmt _— _ (herein "Beneficiary "). Fno itedW,Btu for iipr4oca 9y grants, including the indebtedness and assigns identified herein and the trust T uslee. IN TRUST, herein created, the OF SALE, receipt of benefithand secur- Ity of 9heliad. y. and rrand subty c ants. trey ms a con ity of tlarhsticiary. under and subject to the terms and conditions of this Deetl ct Trust, the reef property described as follows: TOGETHER WITH, all rents, profits, royalties, income and other benefits derived from the real property; all leases or subleases covering the real property or any portion thereof. now or hereafter existing or entered into, and all right. title and interest of Trustor thereunder; all interests, estate or otrer, claims, both in law and in equity, which Trustor now has or may hereafter acquire in the real property: all easements, rights -of -way, tene- ments, hereditamants and appurtenances thereof and thereto; all oil and gas rights and profits, water rights and water stock; ail right, title and interest of Trustor, now owned or hereafter acquired, in and to any land lying within the right -of -way of any street or highway adjoining the real property, any and all buildings, fixtures, improvements. and appurtenances now or hereafter erected thereon or belonging thereto. (herein referred to as "Improvement" or Improvements"): and any and all awards made for the taking by eminent domain, or by any proceeding or pur- chase in lieu thereof, of the whole or any part of the real property. Ail of the foregoing estate, property and interest hereby conveyed to Trustee herein collectively referred to as the "Property THIS DEED OF TRUST SHALL SECURE: (a) The payment of indebtedness evidenced by Trustor's note of even dale herewith in the principle sum of Dollars (i _ ',.' _j, together with interest at the rate or rates provided therein, (herein. together with any and all renewals, modifications and extensions thereof, referred to asthe "Note-) both principal and interest on the Note being payable in accordance with the terms set forth therein, reference to which is hereby made. the finaLpayMent of principal and interest. if not sooner paid and if no renewals, modifications or extensions are made. due and payable on (b) The performance of each agreement and covenant of Trustor herein contained: and fc) The payment of any sum or sums of money with interest thereon which may be hereafter paid or advanced under the terms of this Deed of Trust. fd) Thepayment of any future advances necessary to protect the security or any iuture advance made at the option of the parties: and (e) The performance of an obligation of any other person named in this Trust Deed to a beneficiary TO PROTECT THE SECURITY OF THIS DEED OF TRUST. TRUSTOR HEREBY COVENANTS AND AGREES AS FOLLOWS: 1. Peymwd 01 Prgteilpal and WdaresL Trustor shat; promptly pay when due the principal of ana interest on the indebtedness evidenced by the Note, and all other charges and teas as provided in the Note, and the principal of and interest on any Future Advances secured by this Deed of Trust 2. Womaidyef TWO. Trustor is lawfully seized and possessed of good and indefeasible title and estate to the Property hereby conveyed and has the right to grant and convey the Property: the Property is free and clear of all liens and encumbrances except liens now of record: and Trustor will warrant and defend the title to the Property against elf claims and demands. 3, MalManaeoa sad CpmpNsnos with Laws. Trustor shall keep the Property in good condition and repair and shall not commit waste or permit impairment or deterioration of the Property and shall comply with the provisions of any lease if this Deed of Trust is on a leasehold. No improve. ment, now or hereafter erected upon the Property shall be altered. removed or demolished without the prior written consent of Beneficiary. Trustor shall comply with all laws, ordinances, regulations, covenant& conditions and restrictions affecting the Property and not commit, suffer, or per- mit any act to be done in or upon the Property in violation of any law, ordinance. regulation, covenant, condition or restriction. Trustor shall com- plste or restore promptly and in good workmanlike manner any improvement on the Property which may be damaged or destroyed and pay, when due, all claims for labor performed and materials furnished therefore and for any alterations thereof. A. Wo wenm Trustor, at its expense, will maintain with fnsurors approved by Beneficiary, insurance with respect to the Improvements and per- sonal property, constituting the Property, against loss by fire, lightning, tornado. and other perils and hazards covered by standard extended coverage endorsement, in an amount equal to at least one hundred percent of the full replacement value thereof and insurance against such other hazards and in such amounts as is customarily carried by owners and operators of similar properties or as Beneficiary may require for its protection Trustor will comply with such other requirements as Beneficiary may from time to time request for the protection by insurance of the interests of the respective parties. All insurance policies maintained pursuant to this Deed of Trust shafi name Trustor and Beneficiary as in- sureds, as their respective interests may appear, and provide that there shall be no cancellation or modification without any less than 15 days prior written notification to Trustee and Beneficiary. In the event any policy hereunder is not renewed on or before 15 days prior 10 its expiration date, Trust” or Beneficiary may procure such insurance in accordance with the provisions of paragraph 7 hereof. Trustor shall deliver ro Beneficiary the original policies of insurance and renewals thereof or memo copies of such policies and renewals thereof. Failure to furnish such insurance by Trustor, or renewals as required hereunder shall, at the option of Beneficiary. constitute a default. 5. Tana, Aseaaamanls, surd Charges. Trustor snail pay all taxes. assessments and other charges, including, without ;imitation, fines and im- poettions attributrible to the Property, and leasehold payments or ground rents. if any, before the same become aeuqueni. Trustor shall promptly furnish to Beneficiary all noticesof amounts due under this paragraph, and in the event Trustor shall make payment directly. Trustor snail pfompl- fy furnish to Beneficiary receipts evidencing Such payments. Trustor shall pay all taxes ana assessments which may be levied upon BaneSloiary's interest herein cr upon this Deed of Trust without tegard to any law ,hat may be enacted imposing payment of the whole or any pars thereof ups. tn! Beneficiary. Lai M