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'7.1-52X 053-25-251 053-25-252 Do NOT RECORD The following is a copy of prov/aious (1) to (14), inclusive, of the fictitious deed of frost, recorded in each county of Califoraia, as stated in the foregoing Deed of Trust md incorporated by re femnre in said Deed of Trust a~ being a part thereof as if set forth at len~h therein. TO PROTECT 'I'H/~ SECURITY OF THIS DEED OF TRUST, TRUSTOR AGREES: (1) To keep said property in good condition and repair; not to remove or demolish any building thereon; to complete or restore promptly and in good and workmanlike manner any building which may be constructed, damaged, or des~x~agi thereon and to pay when due all claims for labor performed and materials furnished them for, to comply with all lev~ affeatin4 said property or requiring uny alter~Jous or improvements to be made thereon; not to commit or permit waste thereof; not to commit, suffer, or pen~t any act upon sa/d prope~ in violation of law; to cultivate, irrigate, fertilize, fumigate, prune and do all other acts which from the character or use of said property may be reasonably necessary, the spec/ftc enumeeafious herein not exduding the general. (2) To provide, maintain and deliver to Benefidary, fire/usuranee satisfactory to and with loss payable to Beneficiary. The amount collected under any ftre or other insuranse policy may be applied by Benefida~ upon any indeb~dness secured hereby and in such order as Beneficiary may detenuine, or at option of Benefidary the entire emotmt so collected or any part thereof may be released to Trustor. Such application or release shall not cure or waive any default or notice of default hereunder or invalidate any act done pursuant to such notice. (3) To appear in and defend any action or proceeding purporting W affect the security hereof or the fights or powers of Beneficiary or Trustee; md to pay all costs and expenses, including cost of evidence of tire and atmreey's fees in a reasunabie sum, in any such action or proceeding in whith Benefidary or Trustee rrmy appear, and in my suit brought by Bcoefic/ary to foreclose this Deed. (4) To pay: at least ten days before delinquency ali taxes and assessments affecting said property, including assessments on appurtenant water stock; when due, all encumbrances, charges and liens, with interest, on said property or any part thereof, which appear to be prior or superior hereto; all costs, fees md exrenses of this Trust. Should Trustor fail to make ~ ~aymen to ao an,~ ~c~ as herein previded, then Banefidary or Trustee, but without obligation so to do and without notice to or dem*md upon ?r~stor and witaout releasing Tmstor from any obligation hereof, may: make or do the same in such manner and to such extent as either may deem necessary to protect the security hereof, Beneficiary or Trustee being authorized to enter upon said proper/y for such purposes; appear in and defend any action or proceeding pm!surt/ng to affect the security hereof or the rights or powers of B~nefic/ary or Trustee; pay, purchase, contest or comprorbtse any encumbrance, charge or lien which in the judgment o f either appears to be prior or superior hereto; and,/n exarcialng any such powem, pay necessary expenses, employ counsel and pay his reasonable fees. (5) To pay immediately and without demand all sums so expended by Beneficiary or Trustee, with interest from date of expenditure at ~he amount allowed by law in effect at the date hereof, and to pay for any statement provided for by law re'effect at the date hereof regarding the obligation secured hereby any mount demanded by the Beneficial,, not to exceed the maximum allowed by law at the fime when said statement is demanded. (6) That any award of damages in connection with any condemnation for public use of or injury to said properly or any part the~ofis hereby assigned and shall be paid to Beneficiary who may apply or release such moneys received by him in the same manner and with the same effect as above provided for disposition of proceeds of fire or other insurance. (7) That by accepting payment of any sum secured hereby after is due date, Beneficiary does not waive his right either to requ/re prompt payment when due of all other surm so secured or to declare default for failure so to pay. (8) That at.any time or from time to time, without I/ability therefor and without notice, upon whtten request of Benefic/ary and presentation of this Deed and said note for endorsement, and without affecting the personal liability of any person for payment of the indebtedness secured hereby, Trustee may: reconvey any part of said property; consent to the making of any map or plat thereof;join in granting any easement thereon; or join in my extension agreement or any agreement subordinating the lien or charge hereof. (9) That upon written request of Benefidary stating that all sums secured hereby have been paid, and upon surrender of this Deed and said note to Trustee for cancelbttior/and retention and upon payment of its fees, Trustee shall reconvey, without warranty, the properly then held hereunder. The recitals in such reconveyance of any matters or facts shall be conclusive proof of the truthfulness thereof. The Grantee in such reconveyance may be described as "the person or persons legally entitled thereto." Five years a~er issuance of such full reconveyance, Trustee may destroy said note and this Deed (unless directed in such request to retain them). il0) That as additional security, Trustor hereby gives to and confers upon Beneficiary the fight, power, and authority, dm'lng the continuance of these Trusts, to collect the rents, issues md profits of said property, reserving unto Tmstor the right, prior to any default by Trustor in payment of any indebtedness secured hereby or in performance of any agreement hereunder, to collect and retain such rents, issues, and profits as they become due and payable. Upon any such default, Beneficiary may at any time without notice, either in person, 55 agent, or by a receiver to be appointed by a court, and without regard to the adequacy of any security for the indebtedness hereby secured, enter upon and take possession of said property or any part therevf, in his own name sue for or otherwise collect such, rents, issues and profits, including those past due and unpaid, and apply the same, less costs and expenses of operation and collection, including reasonable attorney's fees. upon any indebtedness secured hereby, and in such order as Beneficiary. may determine. The entering upon and taking possession of said property, the collection of such rents, issues and profits, and the application thereof as aforesaid, shall not cure or waive any default or not/ce of default hereunder or invalidate any act oone persuant to such notice. ( I I ) That upon default by Trustor in payment of any indebtedness secured hereby or in performance of any agreement hereunder, Beneficiary may declare all sums secured hereby immediately due and payable by delivery to Trustee of written declaration ofdefanlt and demand for sale and of whttan notice of d,~fault and election to cause to be sold said property, which notice Trustee shall cause to be filed for record Beneficiary. also shall deposit with Trustee this Deed, saldnoto and all documents evidencing expenditures secured hereby. INITIALS FD-21B (Rev. 4/94) SHORT FORM DEED OF TRUST Page No. 3 of 4