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<br /> <``:'� � ' S by o�vnar'a and o�etots ot eimit8t p�operties snd es Sertetf�iary neay teattire tor ita protea8on. Trnsecr wtll compiy
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<br /> � - . - wi4i�suci►s�r re�uire�n�i r t s e s S�s i i dary r r isy f F O m t i�s t a t i m e req u s�"t f a r t h a ps a t e c t t a s�1sy i s�r as c a a�t h s �..�:`
<br /> :�;>� '� iniereat of tRe rossective parttes. Ait ir�u�ance poilctes maintelno�pursuant to tfils Qaed of T�ust ahal!name Tcustor �;.;;;;
<br /> anr!BenaHciary as insurord.ee th81r respea4ive interest mey appear and prt►vide that there shall be no cancelleUon or �wc,
<br /> ���~,u,:%":.� `> modificeitan vsrithout fifteen 1151 days prior written notiftcatton to Trustee and Bsnsfldary. [M the eveni any poti�y► c����
<br />- �-�_� hereunder is not rertew�d on ot batore flRess�(ib)days pttorto its expiratian Qate,Trustes or Bsnef�ciary may procure �� ���
<br /> ,�'_:r. such tnsuranss in ecoordance with ths provistona of Parsgreph 7. Ttustor sha�i dettvor to Benefldary ttta orIglnal -
<br /> ��:���„ poticiss of tnsuronce and rena+ivats theteot ot cop3es of such poftctes and renewa�s tP�ereof. Fai[ure to furn�sh such .
<br /> ° R,----•-� tnsurar�e by Trustar,or renewats as�equi�ed hereunder.shall,at the option of Beneftciary,constltute a defauit. AQ
<br /> Y s. � � d a d ve nce of the Pro � "
<br /> , - . _.1. u n a�n$d p r e m l w n s a r e h e�e b y a s s i g�e d i Q T�u s i s�e s e d d i i t o n e!s e c u d t y,a n s e l a e n c�n Y a P�f l .,
<br /> � �� �:`•.i; by the Tro�tee shall cperate ta convey to the purchaser the Trustot's tnterest in aad to at!poftaes of tnsurance upon
<br /> '�`..; � ths Truat Praperty. - :
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<br /> - = ' �' S. Ymcea and Assessmesrte. Truator shell pay sll taxes and special assessmente tevied or assessed sgainst,or ;
<br /> ����" '"�'�� �.'6 due ugon,the Property bsfore deUnquency and wiil detiver to Beneficiery copies of�eceipts shnwing payment of such ``
<br /> ' � �s a�ed special assessments.
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<br /> ;;�=1E;;.,;,;1.���y. �3. 6Ld�itEc�eaf Liens. TrusE+Qe shalt ma[c�afi paymc�c�ts of interest end princE�pal,and�saymc3nYS of any oYher charges, 1� L .
<br /> fe�,and ax�eRS�s aontracbad'0�he�aid 4o arey exisYirtg iicn Q�old�es or�rdor�erte�cciaries urtder ar►�/girFor�?esd of
<br /> . Trust.Mortg�g3 or other security egr�ee�er�Y.@efero the a4ata tQ�oy are detirtqueM artd w pay eny oti�e ciaim vuhich ��`.:
<br /> ' ��¢ar�izes tEeo s�cecri4y gs�.srctrad ltcc�n. � -_
<br /> � �b : �. ��aa�ff I�c�StcaE�cfan�'��a�i8�..S9tau[�'��usoo�f-..i4�D eatakt�ar►H�1�c�rtt.fr�l 4�d�a a�y�8���,�szr�Ece !�J,..
<br /> " ��% �, �'..�..•� provided ar afi s��5ien aP pr�a�Ert�€s cr�a�arigaoy;�yt��iid;r,dt�terc�6Cy affctc��¢u�cE�yy"s Be�Serc�sttc4 i�{�D1��,.;?�,. ,,�_
<br /> �;Jr. ��lf+��_�:� �- IRi.`�U�i1$, �211L F'{4i���r C t��P.StS� �O:IIt�3r.� :�����1t8 Q� d}[QCQC�Pig$,��'69(1�Vltt� 61 ,��j�'- f �' �,�
<br /> �: , dea:e8ent,th���b"?�o���r�ae����ttcifr�'i�t�d!iac��ipe�d wsi�nut c���,/�c,�,�,m�����id�r�taiac�ir�tr��r��� �
<br /> --- �;'14ri,i�i�v (:r�,T�.y�f�6,�'�[���fLL&'L�3�f'�'�F15T 641�t�df�Sl +� �` � .r.f3.Yt3�.4!'#xa�it��fS.��.z?�iuei.��f?�`.�r���� �. :e r _
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<br /> `�i �... 1��t� :��t���;�r is,�!ar.��?Ys8 at�1/sist!`a�rou+naz`s�.��i�f��^�m�7:eusiee may incut atf�Or?izi.5l and exPend whatever amourns. �� -`-
<br /> f�r� , 4 :u�Y,�Q(��ir�u�ents of reasonable�s fees,which in thsir absolute dfscretion may be nscessery. In the
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<br /> - '��e�t+�sc��te�t Trustor shali feii to proaure inse�rance, faii to pay texas end special assessments or fait 4o maka any 4� a �
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<br /> r����•�_,.�ti payments to existing or prior lien hoEdera or beneftciaries,the Beneflciary may procuae sucb insureace and make such - L°�'
<br /> ��-ry poymams. All sums incuned or expended by Benafidary or Trustee in accordanca with tha Provisions of tha Deed ot �'�`_
<br /> °'��'���-;:;`,,�;-:���;�.;'. Truat are secured hereby and,withaut demand,shalt be immedtatety due anA payabte by Trustor an�sha0 6eaNnterest �----:
<br /> . at the rate provided for advanoes under tha Loan Ag�eement;O�ovided,however,that et the optIon ot the Beneflciary `'
<br /> s�`�� .. or'�rustea,such sums may be added to this princtpai batance of eny indebtednesa secured hetehy and ehatl bear the = __
<br /> ' ' ` f� . same interest as such indebtednesa and shatl 6e :
<br /> payabte ratebly over the remaining term thereof.
<br /> 8. Asatgnment oi Rente. Benefldary shaq hava the dght,power and euthorlty during the continuance of this Deed __
<br /> ot Trust to colteat the rents,issues ert�proflts of the P►operty and of any parsonal property tac�ted thereon with ot `"--
<br /> � . - without taking possassior+af the Propetty aftected hereby,and Tntstor h�reby absoiutety and uncondittortatty esal9ns =--_--
<br /> all auch rents,issues and protits to Beneflciary. Beneficiery,however,hereby consenta w the Trustor's coltection and
<br /> .��;;,';,,�•�:,; ,�;.,.�,`, retention of such rents,issues and profRs es they accnie and bacoms payabfa so tan8 as T�ustor is not,et such tirrie,
<br /> �-��'�'�'• -• ' " in datauft with respact to paymar►t of any indebte�ness secured h�eby ar tn ths partormance of any agreemant
<br /> • -Iu•`�S';x ha�eunder. Upon eny such deteutt. 68nef�ciary may at eny time,either in person, by ageM ot by a reaeivet to ba
<br /> ��.. ��� � appair�ted by a couK,without notica end without regard to the adequacy of any security for tha i�debtsdrtass hE7e�sy
<br /> secured: (a) ent�r upan and teke passession ut ttue Property or ar►b part thereat and in its own aama sua fa: �,_ .
<br /> "�,;'``.:.::.�r��``���a,: oth2twise coAsct such rems,issues ans PP��•lncluding those pss��due and unpai�.an�p�Sg�tha sama.t2sa c¢�c�r's,:.', . _-
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<br /> -��`' ;�� , �• ..amQ eux�enses ct o eratlon and oollet�on,i�r�udin reasostab'a et�ir.�+�fees,uyon any irtda'b1�s�.ass�aured her
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<br /> j.j + .�� .,� and�rt such erder as 6enoficiarY may determina: (b)��,suete ar�s of re¢a;Q.a�a�protecttc�?a.as�iiaY�Oia�tsi:essary of�,�� ,--
<br /> ..�.,? � , prapsrio conssrve the value of the Propartys!c�teas�.49����mc�msa►ity part hs~�#or suc�a.r�r��ei!'larrti'an�upon su�Ai: --
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<br /> .. . :�.: �sg � canditians as its���snent may dictste. Idrafass Trusi�r a��tf3�ve�ry agree oiherwise�u uvtr�ing,enY eAA����:•, -
<br /> ��'{ re3ets,issaes o7�+9'�8tts to any indebtedness sacured he.*eby 5hs�'�eti�8 r�xtend or poatpone ti�A Et��date at tha 1ns2a1ter.�nt �� °�
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<br /> ,;,; :; ;��'�� pffiy►r:maa�s,as pr�vided in the Loa�Agreement, end ida�:spAlication thereof as atoresaid shat�not wai�o,T cure sny' `�
<br /> � �' dsL-�s�74:+�ir notice of default heraunder or invalidata an�ect done pursuant to such nottce. Trustor a�i�m+p�tgna to E, _
<br /> � _ :��� ,,..:�, Beneflciary,as turther securlty for the perfctrmance of tha o�ligations secu�ed hereby,at1 prepaid rents Fusf�m73 mon�ses
<br />- '�'���`"��`"� whtcb may have been or may hereafte�be deposited with said Trustcr by eny tessea ot ti�Proporty,�to�secura t�ee
<br />_.�.i:f.;.. :- . •r.�-_.
<br /> payment of sny reM,and upon dalsult in tha D@�ormance of any ot tha pravisiores h$reof,Trustor ag.�'�s to dettvei -:-
<br /> � � � �� '�;;;� such rents and deposlts to the B�ne�iclary. Dafivery o?written rtoUce of Baraa��tary's exerciss o!the���ts g�anted ���
<br /> ;�.
<br /> ';",'{;`.i herein to any tenaM occupying satd premisea aha11 ba sufffcient to �equiro� �atd tenaM to pay ss7�p.rent tv th� _
<br /> _ �! Banefictary urnil turther notioe. . _
<br /> � . �: 9. CondemnFrtton. It tltle to any part of the P�roporty ahall b�taken in condemnatlon proceadings,by rtgM ot ��
<br /> � .'���.,}�.�� eminem domaln or similar action,or sha11 ba sold under threat of condemnatlon,e11 awards,damages and proce�als �
<br /> �• �`"-
<br /> � are hereby asslgned en�shatl be patd to Benaflciary who shail apply such award,damsges ansf proceeQa to the suma �..,-
<br /> ,; ' �;: seeured by the Deed of Truat,with the excess, ff any,pald to the Trustot.
<br /> �� • ; .';, 10. FuWte Advancea. The loa�Agreement provides for advances from itme to tlme to Trustor by Heneficiary
<br /> �.. - •: � as provided therein. In addition,upon request of Trustor, Benettciary,et Beneticiary's optton,prior to rea�nveyance -.
<br />-;;�z;;:.: : •:� .�' ' of the Property to the Truetor, may make additional iuture advancos to the T�ustor. Such future advances, with '�"
<br /> � � a_:;. � interest thereon,shall be secured by thls DeeA of Trust when evidenaed by promissory notea stating that saiA notes
<br /> " "-3 ere secured hereby; provided that at no time shatl the secured prirtclpaf and tuture edvances, not inclading sums
<br /> � - advanced ta protect the security, exceed one hundred percent (100%) of the original principat amounts secured �`,�.
<br /> ` hereby.
<br /> + 11. Raee�adtas Cumulstive. Ati r•�r�radl,as pravfdad fn chis Dc��df r�!Trust aro distinct anti+curciulative to any oth�a �� •
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<br /> ;�;, '„•���'•�' � � �igltt or rant�d}� under thfs Daad ag 1"ruet� ar rs�in�rJ,�•f354' ��.c�;.equ#t�� �ndl maY b� «x rronlJ�j�y.• .
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