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<br /> by owner'e end operetore of elmllar qropertlee end ea Beneficiery may require for Ite p►ot�tron. Trustor wlll comply
<br /> wlth such othar requirsmente es Beneticlery may irom time to time requeat for the protectlon by insurence of the
<br /> intorest of the reapective pertles. All Inaurance policle�malntained purauent ta this Deed of Trust ehell neme Truetor
<br /> �nd 8eneficl�ry e� insured, as thelr re�qective intere�t mey sppear end provlde thet there shell be no cencelletlon or
<br /> modiflaetlon without fiftaen (16) deye prior written nodfic�tion to Trustee and Benetiaie►y. IN the event eny pollay
<br /> hereunder is not renewed on or before tiftaen 116)days prlor to Its expiretion dete,Trustee or Baneficiary mey procure
<br /> such inaurence In eccord�nce with the provlelone of Parepraph 7. Truetor shell deliver to Beneficiary the oripinal
<br /> policien of Insurence and renewete thePeof or coples of auch policles end renawela thereof. Failure to furnleh such
<br /> Ineuranr,e by Truator,or renewale as required hereunder,ehell,nt the optlon of Beneficiary, constitute e defeult. All `
<br /> uneerned premluma ere hereby esaigned to Trustee aa addltlonel secu�ity, end a sele and conveyance of thc Property
<br /> by the Truatee ahell operetR to convey to the purcheser the Trustor's Interast fn and to all policiea of Insuranoe up�n
<br /> the Truet Property.
<br /> 5. Taxh �nd Au�um�nt�. Trustor shall pay ell taxes and special assesaments levied or assessed egeinst, or
<br /> due upon, tha Property before del(nquency and will dellverto Beneficlery copies of recelpts showing peyment of such
<br /> taxes and specfal e�sassments.
<br /> B. AddlNon�l Utns. Trustor ehall meke all peyments of i�terest and prirtcipel,and payments of eny othior De d of
<br /> feea, and expeneea contrected to be peld to eny existing lien holders or prior beneficieries u ny othopclnim which
<br /> Truat, Mortgege or other security egreement, before the dete they are delinquent and to pey
<br /> Jeoperdizes tha aecurlty granted hereln.
<br /> 7. Prot�ctlon of B�n�fld�ry'• S�cu�ity. Should 7ruetor tnil ta make eny peyment, fail to da eny act as harein
<br /> provided or If any action or proceeding is commd��eecS whlch materially affects Beneficlery'e Interest in tha Property, _
<br /> inctuding, but no iimitad xa, eminent dome(n. Insolvency, erran�ements or procoedinga Involving a benkrupt or
<br /> decedent,then Be�eficiery ov Truetee, but wlthout obl(getlon to do so,and without notice to or demend upon Trustor,
<br /> end without reteasing Trustor from eny obligetion hereunder, inay make or do the seme, and mey pay, purchase,
<br /> contost or co�reprvmise andy encumbrenco, charge or iian, whi�h in the Judgement of aither eppears to effect aaid
<br /> Property;in exercising any such powers,the Br�neficiary or Trustee may Incur e Ifab(Ilty end expend whetever emountts,
<br /> inciuding diabursements of reasonnuin a::����a;;'� �oas. �:h::.�:^!`'•°�' °h°^i'-'rp �itacretion mav be necessery. In the
<br /> event that Trueto�ehell fall to procure insurence, fail to pey taxes end speciel esaessments or feil to maka eny
<br /> payments tQ exlstinp or prior lien holders or beneffcierfes,the Beneficiary mey procure euch Insurance and meke such
<br /> peyments. Alt sums incurred or expendnu t,y o8n8ifiCtary ar T�sssLee's[!e�r��tit�nce with the p�OVisions of the Deed of
<br />- Trust ere secured herdby end,without demend,shell be immedietely due and peyable by Trustor end shell bear Intereat
<br /> at the rete provided for edvancea under the Loen Agreement;provided,however,thet et the option of the Beneficfary
<br /> n�'�'����}pp q��rh ,���ma mwy be edded to thts principal belence of eny indebtednesa secured hereby end shall bear the
<br /> 1...�.+..i
<br /> seme interest as such indebtednesa end shell be peyeble ratably over tne remaininy �or��� :��o�..��•
<br /> 8. As�i�nt of R�ntt. Beneflcfery shell heve the rlght,power and euthorlty durfng the contlnuance of thls Qeed
<br /> of Truet to co{le�t tha rents, issues and proflts of the Properry �nd mf eny personal property loceted thereon with�r
<br /> without teking poasesslon of the Property affected hAreby, end Trustor her4by ebsolutely and uncondltfonelly easigns
<br /> ell auch rents,issuea and proflts to Beneftcfery. Beneficlery, however, hereby conaenta to the Truetor's collectlun and
<br /> retentlon of such rents,Issues end proflts es they ecorue and become peyeble so long es Trustor ts not,at such time,
<br /> in defeult with respect to payment of eny indebtedneaa secured hereby or fn the perfo nt oreb fa recalve e oebe
<br /> hereundar. Upon eny such defeult, Beneflcfery mey at any time, either In person, by ag Y
<br /> appotnted by a court, wlthout notice and without regerd to tha edequecy of any aecariry for the Indebtedness hereby
<br /> secu�ad: (al enter upon and take passesslon of the Property or eny part thereof end in its own neme sue for or
<br /> otherwise coltect suah rents, issuea and proffte, including those pest due and unpeid,an epply tho same, leaa coste
<br /> end expansc+s af operetion and collecilon, Including reeaonable attorney fees,upon any indebtedneas aecured hereby
<br /> end in such or�ar as Beneflciery mey determi�e: (bl pertorrn a�ah acts af repeir or protection aa may be nece�aery ar
<br /> proper to canaerve the value of tho Property: (c)leese the seme or eny pert hereot for auch rentel term and upon such
<br /> conditlons as lts judgment may dictete. Unless 7rustor end Beneflciary agree otherwlse in writing,eny appllcetion of
<br /> renta,Iasues or pruflts to any indebtedness secured hereby shall not extend or postpone the due dete of the Inatellment
<br /> psyments as provlded In the Loen Agreement, and the epplicetlon thereof as atoreaeid shell not waive or cure eny
<br /> detault or notice of default hereunder a� Invelldate eny act done purauent to such notice. Trustor also essigns to
<br /> Beneflciary, as further security fo�the performanca of the oblfgetlons secured hereby,ell prepald rents and ell monfes
<br /> whlch may heve been or mey hereafter be deposited wlth said Trustor by any lessee of the Property,to secure the
<br /> payment of any rent, and upan default in the parformence of eny of the provislons hereof,Trustar agrees to deliver
<br /> such rents and deposlts to the Beneficiary. Delivery of wrltten notice of Beneficlery's exerclse of the riphts grenterJ
<br /> herein to any tenent occupying said premises shell be sufficfent to requlre said to�ant to pey sald rent to the
<br /> Beneficiary until further notice. •
<br /> by right of
<br /> 9. Condann�Non. tf tltle to eny pert of the Property shell be taken in condemnetlon proceedings,
<br /> aminent domaln or slmflar action, or shell be sold under threet of condemnation, ell ewards, demages and proceeds
<br /> ere hereby assigned and shell be qaid to Beneilciary who shell apply such eward,damages and proceeds to the sums
<br />= secured by the �eed of Trust, wlth the excess, If any,paid to the Trustor.
<br /> 10. Futurs Advaoae�. Tho Loen Agraement provldes for edvences from tlme to time to Trustor by Benoficiary
<br /> °- as provided therein. In additlon. upon requeat of Truator, 8eneficiary, at Beneficfery's option,prior to reco�veyance
<br />—__ ��_ T_.._.__ � ..�...�. rddl�(nnel }ut��fR ndvHnC83 t0 tho Trustor. 5uch future advances, Wlth
<br /> —= Oi Tn9 t'foPtltly iu ana ��uaw�� ni'a� .....�.. ............._. .---'- -
<br /> = interns� ii�v�ao��,oha{i be s:,:.u��d�';:::!�^°°� ^f T"�Ar when evldenced bY promfssory notea steting thot satd notes
<br /> y-'' adv ncede o pro ect the'se u ityt x eed,ona9hulnd ed percent 1100%1' of the to iglnal p inclpal amounts�s cured
<br />''� hereby.
<br /> �, 11. Rsm�dl�s Cumuletiv�. All remedles p�rovlded In thls Deed of Trust ere distinct and cumul�ive fQ��y�bther
<br /> - rlght or remedy under thln Deed of Trust or afforded by lew or equlty, end mey be exercised concurr�ntly,
<br /> ,� fndependently or successlvely.
<br /> � 12. Acc�lention; R�m�dl�a; Sals. A defeult ahell exlst In the event of:
<br /> �.;; (A) Any freud or miarepresentetion by the Truetor In connectfon wfth the line of credit which this Deed of Truat
<br />•.7.� 88CUf89;
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