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<br /> � � , by owner'e end aperator�of simllsr progertles and a�Benell�lery m�y requlre for Its pratection, TniRtar wlll comNly _
<br /> with auch other requlrements a� BenetiGlery mey from tima to tfine �equeet ior the proter.tian t�y In�urence o} t�s
<br /> ` Interest of the respectivs pertie�. All InsurAnce policie� melntcelnad punubnt to thl� Dee�f of Truf�t ehs�l name Trustar
<br />,�;, .• �nd Bonsflciary ss Incursd, as their ro�pectivs fntero�t rn�y sppear and pruvlde thet thsre sh�ll t►e no cencollutlon or
<br /> •� modiflcetion without fiiteen f 16) doys prior written notificetian to Tru�tee and Benellcfary. IN the event •ny poilcy
<br /> � h«�aundae ic not�anewcd on or b�forn tifttrers(151 c�nyR prlor to Ite expiretion dete,Tru�tee or Hene►ficl�ry msy proaure ,
<br /> �"•"�� euch Ineurence in eccordnnce wlth tha provi�lont of Parepraph 7, Trustor ehe0 dellver to Beneilciery ths ariqinsl
<br />>•Y� poticles oi inaur�nce nnd ronewels thereof or coplet of ach policle� and ronew�ls thereof. FAfluro to turnish suah
<br /> Insurenca by Tiuetor,or �enewels as requlrsd hereunder,�hell,et the option of Bunsiici�ry, constitute e defeult. All
<br /> ; � uneamed premiurne rre hereby a:signed to Truatee e�additlonal ssccurity, and� snle end conveyence af the Property
<br /> : .# � by the Truatee sliell operete to convey to the purch�ser the Trustor's Interest in end to all pollclea oi ina�renca upnn
<br /> _. . . the Trust Pre�perty,
<br />`�=��;�i�:.'� 6. Tax�a�nd A���ssmMts. Trustor ehell pey �11 1:�x�r:s. and apeclel asaesaments levlei9 or �asesped egainst, or
<br />:''�;��;:• due upon,the Property before dellnquency dnd wDf deli�rer t� f3eit�rficfery copies of roaeipte showing p�ayment of suah
<br />- - '" taxes end apeclel esseasmente.
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<br /> : J;�:. 8. Addstional U�, Trustor shall mnke ell p+�Wrrrants of i nter�st er�r�t n+�inclpel,end peymente nf eny other chargea,
<br />-`°`-fi'.�;?�' ' fees, end expen�sea contr.�cr.�d to be paid to en�exist�r�y liern hvlder�or �cior beneficierles under any prlor Deed af
<br /> �'t�?�:�; �� Trust, Mortgage or other s�u►Ity agreement, bafore the dexm thr�eX are dmliiv�uent snd to pay eny other aleim which
<br /> :.�;•��s�� �eopardizr�RM�ea.r.r.ir,v �r�ceted her�ln.
<br /> —_ �, �x��n o1F B�n��ic�',Mry's S�curity. Shoutd Trustair tai.l� to meke eny peyment,fnil to da a�'r}r Act:a.r her�n
<br /> _.=�,�� pQmwi.ded or i�P.��actio�T er�RO�aedir�g Ia commancec! v�rh{cRn m�terlelly effecYs Beneflalery's Inter�est [r..+;'�tvE�Pro�erty,
<br /> = incyudin�, t�a�t nm IirniteK! t�, eminent domein. OnxaEv��nc�p„ �r�anQement$ or prpceadinps inv�:'v�r�, r,� �tankrupt or
<br /> -_- --�� dac�d�n!,:!�::�!1 p°�t°�lCl�ry er Truslee, but wlthout nMicr�tMre to do�o, end wlthout notice to or dern�u,�b wpon Trustor, _
<br />�=��-�r and without rolaeaing'�rustor from ec�y obllpstion her6und�er,may meke or do the aeme, and rney pey, purchase,
<br />��;^A`� contest or compromise andy encumbrance, cherge or lien, whlch In the judpement of either eppeers to affsct safd
<br /> u`°J'�`��a Property;In exercleing eny such powers.the Beneficiery or Truatee mey incur s 19ability and expend whatever amounia,
<br /> °�������� Including disbursements of�easo�abl� attarney's fees, whlch In their ebsoluts dlacroYion may be necesaary. In the
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<br />��.����� event thet Trustor sha10 9;si:r, 4o procure insurance, fell to pAy taxes end apeciel assessm�ente or fa0 to meke any
<br /> _�,,��� payments ta existing o��,K•i�.r�ien hoCyl�a�r•»as beneflcierles,the Beneflciary may procure such inturancs end meks wch
<br /> a., ., ,a�...r�.,..sl���..,n! �'n�e*w�i��.r.cerdance with the orovlslons of the Dsed of
<br /> -'a'��`� Peymenis. riis�wi,ta ii�i.uiii,ow v(vXj,:�:6^,:.;:...., �....... , .
<br /> -- - - Trust are securac9 har��b;y���s!,wlthout demand,sha�h be immedlately due and payeble by Trustor end shell bear interest
<br />------ at the rete provi�ed ,far,�c�i��•ancas under tha Loan l��gro�+ment;provlded,h��+n��»mr,that et the option�8 3hs Beneficlery
<br /> ---_� or Truatee, sucta aums r�ay be addeu to thla princip��balence of any indebt�dness aecured hereb}�ernd at�All bear the
<br />--^^����'� same intere�2 a��uch indebtedness end shall be p�ayable ratabf+y mver the remeining term therea�i�..
<br /> ..___ 8. A�s�9�nrt�ent oi ii�nts. Beneficiery shall heve the rlght,po•.ver end euthority duringthe� conRonuAnce of this 1pe�•��
<br />_ :.
<br /> =��� of Trust to collect thn��r�mta, issues end profits of the Property and of any personel property ioct�ted therxon wifh or
<br /> without tekinQ po�sea��i�o�r�of the Property effected hereby,end Truator i�dreby absolutely and unconditlonelly aasigns
<br />- - all such rentR,Issues an�ci prafits to Beneficiery. Beneflciery. �owever, nereoy consents io the Trusivr'a�uiidciiun a�w ��`.
<br /> retentlon of auch rentis,'3�si�as and profits es they eccrue end bacome payable so long es Trustor is not,at auch time, � �•�'
<br /> in default wlth �espect Yo paymens ��f any indebtednesa seaur��d hereby or in the performence of any agreement
<br /> hsreunder. Upon eny �uch default, 8onaficiary mey at any tim9,either in penon, by �gent or by a receivsr to be
<br /> appointed by e court,wlthout notice end without rmgard to the edequacy of any security tor the indebtedness hereby �_
<br /> secured: (e) enter upon end taka possession of 48�e Property or eny part thereof and In ita own vaarns sue for or ;�;
<br /> otherwise cnllect such rents, issues and proflts, Including those peat due and unpaid, an spply the"spnna, less costs -�
<br /> � ��;!� and expensosof opereiion and collection,including reasonable stt�a,rrasy fees, upon any Indebtedne:s oacured heraby
<br /> �:.::�.� ond in such order es Baneflciery mey determine: (b)perform s�i�.�h�.actta o,f repair or protectlon a mey be necesYm�y or
<br /> ----I '� proper to conserve the vait��e of the Property:(c) lease the same a�,an�l p��'�:hereof for such rentsl term and upon swch
<br /> conditlons aa its�udgment mey dictete. Unleas Trustor and Beneficia�ry,alc��r�na othorwise In writing,eny application of
<br /> -- - rents,issuea or profits ta any indebtedness secured herAby shal!nut bxtnivW or poatpon�a the due dats of the instailment
<br /> �_ ,v;.,;�� paymenta ea provlded in the Loan Agreement, end the eppllcat9on•.t'��reof as aforeseid shall not w�ive or cure,•flny
<br /> default or �otlae of defeult hereunder or Invalidete any act done pursuant ta such notice. Truatnr elso esse�yr�a �to
<br /> � t3eneficiary, es further socurity for the performnnce of the obllqetiona secured heraby,ell pr�peld rent�nnd all mn:�iea
<br /> � --�� which mey heve been or may haroefter be deposfted with seld Trustor by nny leasee ot the Propex�ry,,to sacuf6 the
<br /> =�-�� payment of eny rent,and upon default in the performance of any of ths provislons hereof, Trusior nc�r�eaa to deliver
<br /> — such rents antl deposits to the Beneficiary. Delivery of wriYtan notice of Beneficiery's exerclae oi tt�e 73�hta�ranted
<br /> �'���T herein to �rny 3¢na�t occuRylnp seid premises shell be suffl�ient to require aaid tenent to pay sei.� rent �To ihe
<br /> -�i���.*:�+= •BEneficiary until further notice. ��
<br />:�%":;7:i,�`;' 9. CondKne�ara� l'f�3tlo to any part of t9re�Property shall be take�ro ln Gondamnation procest�'i:�qa, by right of
<br />-:_.,��..,..;.;° ��rra�inent ddreieln or slmi�pr a�tion, or shell be saf�+i�nCer threat of conds�rtr,i�nn�tian, all awerds,darnAq:us.nr.d proceeds
<br />-==;�::' •_. ara herebb':�ss'�ned enr!e7�s1!be�p����R�Beneficiarq�who shall r«+,�aly su�7��a�vs�rd,daroa��ta and proce�,�:i�r,��`�e sume
<br /> ^%� >� ` Q'i�EZ`1iC�F:a '(W'�% 'f�:E'. �9B1�Of YfUSt� W�f;Li tI�!•lE�XCBSS, if any, peid to!:+`.�2:i J�."J{�0'�.
<br />";«',��_�,'�� �6c�, IF�uttu,�► Adv�nr�s. 7he Loac� Agreeme�nt provides for advar��� ttrorrn tlme to time to'�r�:csr„�;',�•y I�is,�:�fi!eYary
<br /> 'w� :��s.pl�vider�thereln. Irn,ewtctition, upon request w1i i'rustor,Beneficlery,�L• l�:�noflclery's optiun,�p�c�cra r,�reconveyenca
<br /> -�5i'-•' _,�.�_ o...��.. �� i1,a Tra�etnr mav make ad'�Ei;r.ix:,ctial future edvences to the Trustor. Such F��nua��e:.edvances, Wlth
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<br /> .•�•�'�'����' interesG�h�rton,shalf be s�ce�eed R��this Deed af Trust when evidenced by pramissory notea stet(ng thet seid nates
<br />_ � • . . .,. are secc�rec� hereby; provideQ� tGT�at �t �rtc� Eirsre shall the securod princlpal and future advances, nat Including sums __
<br />'. � ' � advenced to protect the s�ce�rity� �xceQd r�i�d F�undred percent 1100%) of the orfginel principal amounis secured
<br /> ... herdby. -
<br /> •� 11. R�mrdia Cumuletive. A411 re��iedie��rovided in this Qeed oi Trust are dlstinct and cumulstive id any�ther
<br /> right or rgrnedy under thls Dea�i c�i` 'frust or afforded by law or equlty, end me�y be exe�c(�ed�tintly,
<br /> indApendently or successively.
<br /> 12. Acal�r�tion: it�m�di�s; Sr�. A defeult shall exist In the event of;
<br /> ' (A) Any fraud or misrepresenYation by the 7rustor in conr�ection with tha line of credit which this Deed o'f 7rust
<br /> secures;
<br /> ' 9194 40&2
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