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<br /> (3) To the payment of �unior Tr.ue� Deede, niortqaqs�s, ox other
<br /> lienholdsrs;
<br /> (4) Tha be►lenc�, if any, to th� �oraon or pe�csane legally
<br /> entit�led thereto.
<br /> L. Upon the occurrenc� of any defx�ulti hQreundar, BENEFICIARIES
<br /> ahe�11 have, in addition to auch other optione as may be
<br /> granted herein, tha further option to foreclose this Deed of
<br /> Trust in the ma�nnar provided by law tor foreclosures af
<br /> mortgdges on real property.
<br />. F. HENEFICIl►RI�9 may from time to ti�e� �stebst�.tute �a successor or .
<br /> �uc�e�ssors ta dny TRUST4►E na�ed herein or �.ctimg hereunder.
<br /> �pcz�e srach appointment, end withcrut aonv�gance td the successor
<br /> TRII����, the latter sEua17� be vested with all title� powers,
<br /> ,� a..a.i..e __nfnrrgri hnx+nn wnwr TRUSTEE hexein I1�1@d Or aating
<br /> .:.:... ............. r-
<br /> hearee�nder. Each such appoint�ent end sub�titu�ion snai�. be
<br /> mede b� writ�en instrument mnd executad by �����'����=ES� .
<br />- �onta�ianxng reference to this lzeed of Trust a�� li�:� �a�ace of
<br />- �x•�c4rdl, whir.h, when recorded in the 4ffice of r!���e R�a�aG�c�Ner of
<br />- Deed� �f. the county Qr counties in �+�`n�ah saa.d }�xo�p�rtY i3
<br />� sit�n�`kad, shall be conclusive proof ot pr�pex �ppointmenz u�
<br /> the swccesear TRUSTEE. The fcaa��goir_q power ��F substitution
<br />- and i�r� procedure therefor sh�+1�.�. not bs exclus:��;-� of the po�wer
<br /> and �racedure provided far by .�aw for the substitution of a
<br /> . TRUSTEE in the place af the TRTJSTEF na�ed herein. -
<br />, G, TRUSTOR cowenants �nd agr��e�s that upon nny attenpted
<br /> ,�____:.._ c ��s �f� hia
<br />� conveyance, assiqnaent, pieti��� �� �L�•�ia} ��
<br />.� , interest in the pren�l��s dur�ng t2�e tena of the lonn '�spcured _
<br />= herelz�•:, the BEIiEFICI�►Rx£S shall have the option of de�;�arinq
<br />:� � � the ux�paitl balance immediate7,y, due a�r�`. payeble, and if aaid
<br /> - . sum remains unpaid for ��.�teen ���5) d�a�r�' thereafter,
<br />�� '� BENEFiCIARIES can cause Notic�a of De£��Xt ta db�� ;r�iven and the
<br /> ���'���� pre�aises be sold as provided herein.; � '
<br />� ' � ' �`.
<br />�
<br /> _ ��;,� �_ �$ additional end collateral security for the ].c#�!c�.,, and ,
<br /> _ � effective fnrthwith upon fil��r�:of d Notice of 1Defaui�ti���this.;,- �.
<br /> '.�. �"� instrument shall serve r�s aa�;.��ssignment by the,TRtJ3T�R•ta tt�a;�. � ���
<br /> - � "� TItUSTEE, af all re�n.ta and�;���evenues resul!G�,�►g� �#'� the ' ' �
<br /> __ . . ,, pro� �y, �nd TRUST"�E.�x� authox ized tt> takA�po��es�i�fi� �t+f the '
<br />'; ':;; , . �rQ��•��+, rent or ].et��ie the sxuae on te�icm� he desms� best and to
<br /> �� ���:>�;��� � ��.�n11�,�ti the xents and revenues anc� nppiy the �s.�me upon unpai.d
<br /> Y 'r.•: •�•�• � `�..� , rinci al, tauces or inaurance �n��miums or for
<br /> � . ,ari�+�x'�7St, P P
<br /> . `' m�:tb�����ance and preservation of the premisesL�, . �
<br /> ? '� � � t` I. The,�'`�wa:�ver by TRUSTEE or BENEFICI]l'RT.�S of any default of
<br /> ' �.. TRUSTOR under this Desd of T�rust, on hne occasion, shnll not
<br /> � be or be deemed to be a waiver of any other or siaailar
<br /> � � � de��en�lts subsequently occurrinq.
<br /> •�� ._..
<br /> � ` � J. If t�:��e to any partt��.� the property herein shall be +x.�Jcen in
<br /> ' � . condemnation proceedinqs, by right of eminent dou�e►�A, or
<br /> � � � � similar action, or sha►11 be sold under threat of canc��m�nation,
<br /> � � � all awards, d�nmages and praceeds are hereby assigned a►x�d shall
<br /> be paid to thQ HENEFIGI71RIE3, who shall apply such pay�t�t, or
<br /> s any pa�rt thereof, in their eole disc�c�lti�on, to the sanm�: {due at ,
<br /> that �ime on this Deed of `rrust and �'ruet Deed Note, �;iil:h any
<br /> ' � balance aba�r�:� the amount due hereunder payable to the TRUSTOR. •
<br /> � . � .
<br /> ' K. T�e ��NEFICI�RIES, t�i�!�ir age�t$ ar represe�ntatives, are hereby
<br /> autl�arized to ent�r„ :�� any reaso�ua�l�Te time, uporn ang� ;,part af
<br /> �c : �.....a i..r. w�•�n�linc �nc� .
<br /> : the trust property L�� LRe ��i�saiva .,�. �:.os.�.�--_--� ---- --- —_
<br /> • fox the purpase of per#oa-�ninq any af �Nrw �cts they Are .
<br /> � a�thorized to perform under �he terms of �:l�is 1�eec1 of Trust
<br /> a�.d �ther accompanying documents. ,
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