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89`°008349 - <br /> provide*,aff'ung othei ihinga,for the payri1enl of all sums advanced by the Beneficiary from time to time pursuant to the <br /> Agreement,with Interest thereon at the rate specified In the Agreement,which rate may fluctuate from time to time as pro- <br /> vided therein.The maximum obligation underthe Agreement to be secured by this deed of trust at any one tim <br /> ro•videdtherein.ThemaximumobligationundertheAgreementtobesecuredbythisdeedoftrustatanyonetim I Beneficiary, <br /> Dollars(S <br /> with Trustor's written consentcked,the,hereafter Increases this amount.It the Agreement Is an American Equity Line Agreement or II <br /> this unleuest <br /> ss the Trust Is Tres then In defaultlunderithe Agreement note,ated to dcredit up <br /> this Deed of Trust orto this oany otllar heagreement retaunt upon the iling to orsaecur• <br /> Ing the Indebtedness. <br /> The security of this deed of trust shall not be affected by thn extension,renewal or modification from time to time of the obligations, <br /> Instruments or agreements described above.It there Is more than,Cnc Trusty,the term"Trustor;'as used in this Paragraph i.e.,In- <br /> cludes only those persons who have signed the note,guarantee or Agreement except that ail Trustors must give the written consent <br /> specified as to Increases In the maximum secured obligation under the Agreement as set larth above. <br /> b. Payment of anand all obligations and Ilablllties,whatsoever,whether primary,secondary,direct,indirect,fixed,or contingent, <br /> which are now due from Trustor,Obligor 0r any of them(or any successor In Interest to Trustor or any of them)whether created <br /> y <br /> Obligor or Cr any ofrthemy(orr any succenment if the ssor InoInte Interest Truster nor any of such them)specificallyation or tprovideor s that said oblother liigagion oned blfablilty Is <br /> secured by this Deed. rein <br /> — c. Performance <br /> afting o welch each <br /> stoats a party If the same Obligor rheitten <br /> conn^titan with any or ao4 the foregotngined In any �agreement,Instrument or other <br /> d. Payment of all sums to be expended by the Beneficiary or Trustee pursuant 10 the terms hereof. <br /> 2. TO PROTECT THE SECURITY OF THIS DEED OF TRUST,'-'JSTOR AGREES: <br /> a. To keep the Property In good condition and repair;not to remove or demolish any building thereon;to complete or restore promptly <br /> and In goad and workmanlike manner any building which may be constructed,damaged or destroyed thereon and to pay when due <br /> all claims for labor performed and materials furnished therefor;to comply with <br /> all laws affecting the Property or requiring any <br /> alteration or improvements io be made thereon;not to commit or permit waste thereof;not 10 commit,suffer or permit any act upon <br /> said of therProperIn violation of law;I ou Iivate.ty may be reasonablycnafceasarly,lthe specific Other acts which <br /> iliz enumerations hereinate,fart a,fumigate, rune d no <br /> exlcluding the general.from the character o:use <br /> b. To provide,maintain and deliver to Beneficiary fire and other Insurance on the Property satisfactory to and with loss payable to <br /> Beneflciary.The amount collected under any fire or other insurance policy may be applied by Beneficiary upon indebtedness <br /> secured hereby and in such order as Beneficiary may determine,or at option of Beneficiary.the entire amount so collected or any <br /> part thereof may bl released to Trustor.Such application or release shall not cure or waive any default hereunder or invalidate any <br /> --- act done pursuant to such notice. <br /> l4y hereof or the rights or power*of Beneficiary or <br /> c. To appear in and detend any action or proceeding purporting to affect the secur <br /> Trustee;and to pay all costs and expenses,Including cost of evidence of title and attorney's lees In a reasonable sum,In any such <br /> _- action or proceeding In which Beneficiary or Trustee may appear,and In any will brought by Beneficiary to foreclose this Deed. <br /> d. To pay at least ten days before delinquency all taxes and assessments affecting the Property,Including assessment or appurtenant <br /> water stock,all encumbrances,charges and liens,any Interest,on the Property or any part thereof,which appear to be prior or <br /> superior hereto and all costs,fees and expenses of this Trust. <br /> e. That should Trustor fall to make any payment or do any act as herein provided,then Beneficiary or Trustee,but without obligation <br /> so to do and without notice to or demand upon Trustor and without releasing Trustor from any obligation hereof,may: <br /> (1) Make or do the same In such manner and to such extent as either may deem necessary to protect the security hereof, <br /> Beneficiary or Trustee being authorized to enter upon the Property for such purposes. <br /> (2) Appear In and defend any action or proceeding purporting to affect the security hereof or the rights or powers of Beneficiary <br /> or Trustee. <br /> (3) Pay,purchase,contest or compromise any encumbrance,charge or Ilan which In the Judgment of either appears to be prior to <br /> be superior hereto. <br /> (4) In exercising any such powers,pay necessary expenses,employ counsel and pay his reasonable fees. <br /> I. To pay Immediately and without demand all sums so expended by Beneficiary or Trustee,with Interest tram date of expenditure at <br /> the cipall balance rate allowed <br /> Indebtedness seculaw In red hereby and shallct at ihe date or bear the he highest rate oftion of tInterest as any such such sums Indebtedness.be added to fhe prin. . <br /> the <br /> ion secured <br /> g To demanfor ded by tstatement he Beneficiary note ofor <br /> exc ed the maximum allowed by law al thertime when saidtstatement s demanded. <br /> amount <br /> 3. IT IS FURTHER AGREED THAT: <br /> a. That any award of damages In connection with any condemnation for public use It m n Injury to the Property or any part thereby and <br /> hereby <br /> same affect and ashall bes above aid to provided for Beneficiary <br /> whop may <br /> Of procesor release Su <br /> of fire or other Insurance. by him In the same manner and <br /> b. That by accepting payment of any sum secured hereby after Its due date,or aiter the filing of notice of default and of election to sell, <br /> Beneficiary shall not waive Its tight to require prompt payment when due of all other sums so secured,or to declare default for <br /> Benefi so to pay,or to proceed with the sale under any such notice of default and of election to sell,for any unpaid balance of said <br /> Indebtedness.If Beneficiary holds any additional security for any obligation secured hereby,it may enforce the agile thereat et Its <br /> option,either before,contemporaneously with,or after the sale Is made hereunder,and on any default of Trustor or Obligor, <br /> _ Beneficiary may,at Its option,offset against any Indebtedness owing by It to Trustor or Obligor,the whole or any part of the In• <br /> debtedness secured hereby. <br /> ment of any Indebtedness secured <br /> or <br /> C. the lion affecting the <br /> deed of trulst on thof e remainder of he P opertyTruster rforbthe full amouor,for the ntyof any Indebt dness unpaid.beneficiary and <br /> ` Trustee are respectively empowered as follows: — <br /> erson <br /> (t) Beneficiary b)extend the time or olherwlafrom time lme e alter the teams of payment of any oeany che Indebtedness,(e)accept additmentol ional security of the ttherefor <br /> (b any kind,Including deeds of trust e t mortgages,(d)alter,substltule or release any of the Property securing the In. <br /> debledness. est of map <br /> (2) Trustee or plat of the Properly (b)Ifntime,and rom time to ln granting Jany easemenon t oricreatintten g arty restriction thereon,(c)join In(a)consent to yany sulb9rdinall n or _-- <br /> out an warranty,all or any part <br /> r r..,ar—rhw Ilan or charge thereof or.(d)reconYSY-.1111 Y. ._ Y, _ <br /> other agrnemenk alWAir,a tel:dt:Cd-.•-_._...._ _ . <br /> of the Properly. <br /> d That Agreement of other writingtevidencingythe Indebtedness sec,he,all sums ured hereby end performaoured"reLy have been ncedof all obligations M.1ceftlion or of ttie Trustor and <br /> Oblige r herFgnder std thereunder,.and upon surrender of this Deed and acid note,guarent0Q;Agreement orotherevidence of In <br /> Description: San Joaguin,CA Document-Year.DoclD 1989.8349 Page: 2 of 4 <br /> Order: 5 Comment: - <br />