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<br /> " �,,� ,' by owner's end operaturs ot almil�r propertfes and ea Beneflciery mey requlre for Its proteatfun. Truetar wlll cuntiply
<br /> ^!;" with such other requlremente as Benefielery maV from time to tf�ne requeet tor ihe protectlon by Ineurenco oi titn
<br /> -`� intareat of the�eapnctive pnrdee. All Ineurence policfes melntained puraunnt to thia DeAd of Tru�t ehnll nAme 1'rustor =__
<br /> . ;� end 6eneficlery ne Ineured, t�s thnir respective intoroet mAy eppear end pravid�thet thare ahell be nr�cnncelletlon or _.
<br /> ;.�„ madifiaation without tifteen (16) deys prlor written notlficatlon to TnisteA end Beneiicinry. IN the event eny palicy -
<br /> heroundor ic not ronowod on or boforo fifteen (16)days prior to its expiretlon date, Trustoe or Reneflciery may procurn �
<br /> auch IneurAnce in eccordenca with the provialons of Parayraph 7. Trustor ahall deliver to 8eneticlary the origlnal
<br />-,�Fk" • , policleg of inaurance tsnd renewela there�f ar copiee of such policies and ren�wals thereof. Fallure to fiirnish auch
<br /> insurence by Yruator, or renewela ee required hereunder, shall,et the option of Banaficiery, conetltuta n default. All
<br />= unearned premiuma are hereby asslgned to Trusteo ae additionel security, and a sale end conveyence of tho P�opnrty
<br />�" •;� .' by the Trustee shell operate to convey to the purcheser the 7KUSt�sr's interest in and to all policies of Inaurence upon
<br /> the Trust Property. -
<br /> 6. Tax�s and Ass�ssm�nt�. Tn�etor shell pey all taxes a,nd :��e��:r��ss��sments levfod or assessed egainst, or
<br /> ' " d�c�ulpon,the Property�h�qove deUnquency and wifC�eliv�er to IBe��aP.�cia�ry�.apir�s of recelpts ahowire��e�xment of s�;cch.
<br /> � '� t�xes �n�s�e�ta1 t��s�ssrm���r,�.
<br /> ' � 6. Ae�difua�l A.�rr�s. "Ifru:�tuv 5h:�[[��rt:�fc��t0 IR�K�ents oS frnterest and p.rn�ci�al,and payments of,����mt�ee�r�[�ar�r�S,
<br /> fe�as, a�d expe�zses c�nAR�ctmd t�tee�xa���4a ar�.Y�+xisting lien hm�ders or �primr beneficiaries under any p�fia� IQear,p af
<br /> � -� �'Pnnst, Mortgage or othec security a�uee�rn�c�4. Ibatorre the date they ere deoinq,n��ent end to peM any other claim vvhich
<br />���� � "� me 9�¢��pardize+s tha socurity�rar►ted heraia�.
<br />�,�;;:�;.���.' 7. Prot�ction of Ben�fldary'• S�rity. Shauld Trustor fait to make a��y; I�•��+ment, fail �:o da antip act as herein
<br /> provlded or if any action or proc�edin�B�commenced whlch meterlelly efiect� 8�urreficiary's Interest;s� �:,�e P�operty,
<br /> _ .,;;,'�,�, , including, but no Ilmited to, eminan�< <Glomein. Insolvency, arrangornor�Ss �.r ;pe��ce�u'.i,r;;,r.�Nt��9�in� � 'rrnkrupt[ or
<br /> • - "-• �+p�c�ent,then R�+neficlery or Trustee, aut without obligatlon to do ao, and wat;6�nv�3 na3i�c��t•�or dema�a�l uport Tq�a.�,�tc�.�, -
<br /> �,�n¢�without reteesing Trustor from any obllgatlon hereunder, may make o^ ��� the same, and m�np �ay. �+u�ct�-�,���
<br />-;�-. "'�; ��.�mtest or compromise andy encumbrance, cherga or lien, which In the �L��c<�t�ement of either appeaes to effect st►+d • �1;�=`
<br /> �� �'' Property;in exercising any�uch powers,the Beneficiery or TrerstAe may IRCUr r��liebility and expend whatever amou�nts,
<br />'�,��,� � ir�cluding disha^nrsaments of reasoneble attomey's fees, which i��. :t�±eir absolu4e discretlon may be necessery. In 1ha
<br />� ' event thax Tu'N�t�I SFDaI� SIf1II to procure Insuronce, feil to p�u s,:a�as an�9 �,peclal assessmenta ar fell to make �ny
<br /> :;3i,;��..� payments to existing o�I��'�+�r lien holders or�eneficierles,the I�naiiciary Ym»: procure such inaurance and meke suoh
<br /> '�'""' Noy���aris, :��sums ircL::.ac a�sxrcr.�sd L+y BenHfir.lery or��us�t�e in ec�:o�rdance wlth the provisions of the Deed of
<br />�•i<,��o'. Trust are se¢;u.rc,d��ereby and,without demend,shell be imme�it�t�ly due an�payeble by Trustor and ahell bear interast
<br /> ��TM„�;, at the rete prrt�s,ri�iad for edvences under the Loan Agreement; pr�ouided,however, thet at the option of the Beneflr�>�ry
<br />�,�p� or Trustee,sur.h sums may be edded 4•o this principal balence oY any indebtedness secured hereby and shell beer t�e
<br /> .�y�� same interest es such indebtedness and shall be payeble ratably over the rgrnaining term thereof.
<br />-���"�� 8. AsslqnmN►t of fients. Beneflciery shell he�re the�Ight,powar and a��?h�ority during the continuence of thls Qeed �
<br />=�=� of Trust to collect the rents, Issues and profits of the Property and of en�y p��rsnnal pra�erty locatod thereon wixh or
<br />----- - — without takin�7 possessinn of tho Proparty effected hereby,and'favst�or h�eve�b�absolu�t�l>;and uncondltionelly as���g�ns
<br />=9+�:� all such rents,issues and profits to i'seneiic+ery. iseneiiciary,iro�,r.r�u�ut,, i�e�no'by aonaents to the 1'ruator's collecti�r,�nnti
<br /> -�..;:,,,� re3ention of such rents,issues and profits as they accrue end tra�cam�e vn�y�b9�e eo long as T'ru�tor is not,rt auo�a s�ime,
<br /> -"`��''� in default with reapect to peyment of any indebtedness socu�rrecl h�7a':ay�� in the performence o7 �ny agreement
<br /> --°m-- hereunder. Upon any such default, Beneficiery mey at eny timo, d1Kne�r in person, by agent or �� n •r�o�eiver �o be
<br /> - - � appointed by a court,without noUc:e end without regerd to the Adequacy of any security for the in�la��rdrae���ho�eby
<br /> � - -:�.�_ secured: (a} enter upon and take posses�ion of the Property or eny pan thereof end in Its owr� uaam� etiie �kor or
<br /> -- = otherwise collect such renta,issuea end profits, including those pest due end unpeid, en apply the sotraf, less costs
<br /> -- - and expenses of oper�+tion end collection, incfuding reasoneble attorney fees, upon eny IndebtednaHS;gesured hereby
<br />---a°_� and in such order as Be�no'IiCiary may determine:(b)Pertorm such acts of ropair or protection es mey'�be necesaary or
<br /> —`-�!s��i proper to conserve thn tivalue of the Property:(cl lease the aame or eny pert hereof for such rental term end upon auch
<br />��'°°""a conditions a���s judgrroo�nt may dlctete. Untess Trustor and Beneficlary agree atherwise ln wrlting,eny applicaQ�on of
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<br /> —•.- rpnts,(ssue��r profits t�rv eny Indebtedness securod hereby shell not extend or postpone the due dete of the Insta lrnent
<br /> �`�,._v.,,�� p:ayments aa provided in the Loan Agre�ment, and thn applicetion thereof as aforesaid shell not walve or cure any
<br /> ��,�# r3�efault or natice of default hereunder or invalidate eny eot done pursuant to such notice. 1'rustor a�so asslgns to _
<br /> '"""""".�� Beneficlar�, as further security tor the performence of the obllgetions secured hereby, ell prepeid rents end ell monles
<br />_��?'� whlch mey S�ave been or mey hereefter be deposited wlth yeld Trustor by t+ny lessee of the Property, ta secura the
<br /> "�'��S�` payment of any rent, end upnn defeult in the performance of eny of the provisfons hereof, 7rustor agrees tu delfvar
<br />'- ... ":'�` such rents end deposits to the Beneficiery. Delivery of wrltten notico o�f�ai�eficiery's exercise of the rlghta granted
<br /> r,.. ';,.,,:". herein to any tenant occupyina said premises shell be sufflcie�t to Pai�c�:��E�re said tenent to pey seid rent to the
<br /> ," �� ' • Beneficiary untU further notice.
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<br /> �'!�.'.: 9. Cm�rn.ii:orranation. �f title tm ��ny part of the Pruporty shall be teken in condemu��tion proceedings, by ri�q�2 of
<br />�.� ,.,�;�;��: �' eminent �o•i�rnair,.or slmiler dctlon, o�•3S�all be sold under threat of condemnetlon, all aav�rds, demages end proct�eds
<br />-� %'��.';5�, ��ra heremy:�n�si�ju�ed z�n�ii shel!be pafd to Benefl�lary who shall epply such eward, demeges and hR�c�e�s to the sums
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<br />. � .� � �, _;:�,cur��"'hy*;t1�e'��a�1�Gi[ 7JUSt, with the excess,�i+,' Any, peid to the Truator,
<br /> j ��'� 7p. Ifa�itr.�:r�e,AaDva�n,cr�. The Loan Agreernfln�t provldes �or advences from time to tfine tm+'R�u:s�t��r by Beneficiary �
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<br /> ''°`'' es prov���F;�cJ¢�hevein. In addition,u�+on ia�u�ss a4 '�rustor,�S�eneficlery,at Beneficiery's ao,ptl�n,p�ior to reconveysnCe
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<br /> �. e'S_''_°j��_ �.f rha p�}.+�n,nrav tn thu Tructnr. renau In11'�CA 8��12:�Dae1 future edvaneea to the Trusse�il. ����R� future advances, WIY�I
<br />_ -�- - .,.`- -�` ,,.. ..._ ..-r--•� -- -- - - • -
<br />- - • interest thereo�, sS��+�6 t�e secured by this Deed�otf 7rust when evidenced by prornis5�•rp-rnt�s stating tnat said notes
<br />� � `� are securec� het�by� �rovided that ot no tims shall tl�e secured pru�r�c�y�:��t.�,�ed future advanc4s, not including sums
<br /> � :. advancee� IIm �ror.ecs 7�h� security, exceed one hundred �ereent (9��Ib��0 the ore�inel principel a�nounls secured
<br /> her��y.
<br /> �'�•: :�' � � : bt. IRbamn�Diss�wnulatiw. All remedies providedf cnt�`�vy�m��sd u9f3'rust ere dis2+nct and cum�atiy��t��r�l other
<br /> ' Ri�Frt a•r e�e��r,?�» uurder this �eed of Trust or affa•�ra�e.� I��f �a�w� ��r ��ufty, end may b�c �x�;� sed� o�hftrent�y,
<br /> - �� ende�aertde;rnr,[�a c��r�r�;c:cessively. :.
<br /> .� 'B2. �c�YMra¢6on; RKnedl�s; Sal�. A deteutt sh��f�xi:�t!ua rth� �ve►�t of:
<br /> (A1 .�4n1�• Tr;aKar! or misrepresentetion by� the Trustor i« cnre:�uec'tion with the Ilne of crodit which this Deod of Trust
<br /> ' . sean•�s;
<br /> • 4oa•2
<br /> `; . . 9/94
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