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<br /> - �. ; . . bV ownar'p nnd opo�Atpr�ot ah��tb9r�ara�3�rtioa and oe 9onotlalflry may roqulrn lo► It�pratootion. Truotor wlll ean�pty � '
<br /> � with nuoh othor roqulrom�nte vR �teR.Rfl�Yln►y mny irom timo to timt� �equc�at fpr tho protoetion by in�urenco of t�sa - _
<br /> � lntereat of tho taopaotivo pettiQS• A!1 tiR�+;rdnCO potiGlao mpfritslned ptu�t��nt ta thls peed o1 T�uat�hc►!!i nc+ma Truatar _ �
<br /> � . , ' � nnd Qonotialory ao Inourcd, oa tF��lr rao(�atotivp Imuroat m�y t�puo�►r and provtdo tht�t thttro o h e l l b e ne�n$nee 4 la t t v n a r ___.._
<br /> , modiftontion without fih�on fi6a do►fu�riaf w�{tten notfflcatton tc�Truetse �nd[lenetlMnry. IN the svent nny potiBY �—____
<br /> � ; haroundor Ia not�onowod cro or tac�lr�r�a fi1'�eon(161 d�►ys priar ta Ite oxpl�atian dato.Trustoe ar Bonoflalory may praauro ��:.
<br /> nuah tn�urAnco in occordan�� wt�C+ th,v proviefone oi Parng�oph 7. Ytustar shpl! dalivor to 8oneflalary tha oripintsl ,
<br /> �� pollcloo ot Inauranco an� ranavrol�t tM���tof ar coploa of auch pallCloo and ronowata thoraaf. Fnllum ta turnlah suoh . ;
<br /> • `' � Inuur�nae by T�uotor,or�ans�wobt o� rvr�ui�od harouador, Q11(111,At tho optlon of Bonoltalary, GOnBtItULO !1 dQ1QUlt. AQ
<br /> �` f unoarnad prvmluma arv h�r�bV a�n���Ar� to T�ustoo as additlonol ooau�lty, and a eale and aorneyanr�ot tha Property
<br /> � � , . by tho T�uoteo sholl opQrot4 t�c�rnv��t to the purchaso�tt�o T�uotor'u i�tarast In and to all policioa of ineurflnco upon �,,_;�
<br /> . . � tho Truat Proparty. _�;;�.�'_
<br /> 6. Taxer and A�eaaarurnroM• Trv�tor shali pay Ail taxos and apoolAl assossmontu Ipvlod or aeaeasod o�alnst, or ��__
<br /> , ' ��:�, � du4 upon�tho P�oporty ltofora dullnqunncy ond wlll dalivor tc+gonoficlflry copios af racalpto ehowing paymont of such =___
<br /> ' �°�'�� toxoA and special annoanmar�tra. °°��'---
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<br /> , @. Additlonal Llqr�a. Truator shnli meko ell pAymonta at lntarest a�d principal,and pt+ymonts of any othor chorp�s, __
<br /> ��; foa$, and exponaoB contr�nat�d tn ko pt�id to Any oxlstinp ilon holdors o� prlor bonotioiflrlos undor any prlor Qead of
<br /> • Truat, M�rtgogo or othor AQr,u��y uQreement� boio�o tho dAto thoY aro delinquant and to pay any othvr c�nlm which _
<br /> . ' �ao�rardixea thp ooaurtey�rantr�d hor�in.
<br /> . �, e ' 7, prv�t+�qn ���wnaf�n�nry'��e�urity. Sho�dd Truetar fafl to mako any pAymont, fall to da a�y Act an heroin
<br /> ' ,;r grnvid4d or iP nnV oaUQn a�proceadinp is aommt�ncod whlch metorlatty Atiocto Bonoiiclary's I�tprest in tha Proporty, --
<br /> :i�;�±��:..,,_�. ., inrludin(}, but np Itmit�Ya� to� uminont domAln. In�aivenny, arrangomfl'n4� ar praceedings invalvi�p a bonk�upt or ---
<br /> .� � decedunt,thnn�e��flcis�y or Truet��,but wit0��a��t�r�8gatton to da so.�ne]�ti°;flhaut notice to ar dom�nd upon Truetor�
<br /> �'�� �•"''� •��.�'��� and with�ut rr�luasing Trustor ir¢�:n ony abtigation horeu�d��, m�y mt�ka� vr do tho aama, and nnpy pay, purchasa, �Y.
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<br /> � ��;1��;;�:;:�;•,:;,�;��;>'"`��'���� contest oc�c�promlae nndy oncuml�ranco, charge or Uon, w�iat�fn tha judgamont of olthor c►ppearo to aftc�ut a�ld �;��_,_..
<br /> eif�1 niLt
<br /> � � ':.� 'ti�,��. Propenv:i�exu�cising any such porvara,Yhe Efanefielary or T�uatde mey inau►a Uablifty and oxpand whatovor amounta, ��.,�,-.
<br /> "�`� ` ����,���Y���`�•.�� � inciuding diabursemente of �aason�btp attornoy's tees, whlch in tholr e����tuta disarotton may be necessary. In tho -
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<br /> �;;:•���•,�;.,'�'�`�::,y�`� $ event thr�t '�cuator ahaU iail to pra�ue� inauranca, fail to to�H toxos and apeolel essmssmente ar tail ta ma•o any
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<br /> ;:_�:���`I' �:>,,,;,,, ;,��.._,,;�!sl,t'�;�;;. , peymont�QwE.xisting or prlo�Ilon hold�ro o►bonoilaiados,tP+��ar►oficiary may procurm sUah Insurance and mt���a euch
<br /> � '�`'i� .`��''�;"� poyments. Aii auma incurrod ar oxpondad hy Benetlolary or Truatoe in acaardance with the pravlsinna of tho Doed of _
<br /> - - — �--- -- - T�uat Arp secu►o�herei�y an�#�wii�iout�o�ar�ti,sha!!!ss lnssa�l�lsly sltss esK!peYa�la�Y Truscar end ehe116eer Intorast _
<br /> , _ „ � at the rato provided ior edvoncoa under the Loan Agraerr�ont;providad,however,thet at the optlon oi the Beneticiary
<br /> ' � ar Truatee, such suma may ba sdded to thia principet balence of any Indobtodnvsa securod hero6y e�d ohatl baar the
<br /> --- - � oor,��,ir�tar.i:.:a�sal�f�i�sln°ss sn�nh?4!!+a�yebia rotably over tho remal�i�e term theraol.
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<br /> „ , � 8. Aulpom�nt o1 Rmte. Benefiolary ohnti Neve the right,powar and Autharity during the conttnuence e1 thle Ratd _
<br /> �_�� of Truet to coeeot tho rente,lssuea and profite ot tho Property and of uny porsonal property loaeted thereon with or
<br /> withaut teking paeeeasion of tha P►opo►ty eNeated hereby,end T�ustor haraby ebsolutaly and unconditfonalty aesignv
<br /> ; , ell auah rente,iaeuea end p�oNts to Banefiolery. Hanoflolery, however,heraby aonsente to tha T�ustor's colluctlon and
<br /> � r�� �etentlon of euoh�ente� lesuea end profits ae they�acrue ond beaome peyabta eo long as T�usto�la not,at auoh time,
<br /> '� � " In dafuult with �eapeot to payment ot any Indobtodneae seaured hereby o� in the performence of any eproament
<br /> � 1`e• � hereunQer. Upon any suah dofeuit,BcneflalAry may at any time� e{ther In pe►8on, by agent ar by a rocelver to be
<br /> , `��, :. �",� appolnted by e couR,wtthaut notice and withaut rogard to the edequacy of any security for the Indobtodne�s hareby
<br /> aeGUred: (e1 enter upan end take poeaeaelon af tha P�operty or any pt+rt thereof and In its ow� nama eue to► or
<br /> �� �� ������� o t h e�w l s e C o l l e o t e u c h r o n t s,l e s u e s a n d p ro f i t s,I n c t u d i n g t h o a e p a s t d u e and un paid, an e p pt y tho eame, lese aoatm
<br /> f �' ' end expenses of aperotion and colleotion,including reesoneblo attorney teea,upon any indebtadnase secured hereby
<br /> '� '� . �nd in suoh otder ea Ben�ficlary may deto�mino:(b)perform euch aote of repafr ar prctootion as may ba noceaeary or
<br /> ' _ ° ' proper ta consarve the value of ths Property:!Q)lo�o tha oeme�r any part hereof lor sunh rantai ta�m and upon suoh
<br /> V-'�' �' cpnd�ttona ae ite Judgment may dict.ate. Unlese Truator and Qenaflolary agroo othe�wiae in w�itinD,�ny nppiioatlon of
<br /> � rente,leaues o�p�ofits to p�y Inde�2�o�dnese aecurod ho►eby ahail not extand or postpano tha due dato oi tho i�ataiiment —
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<br /> payments �s provlded in the Loan �4greement, and the appllcation thereof ae aforesald shall not waive oc aure any
<br /> � ��•� -i ',� defauit ar notico of delautt horeunder or Invelldnte any net dona pursuent to suah notiee. T�ustor•elso asalgns to
<br /> •r Beneftalery,as further eocu�ity fo�the portorm�nce of the obligetlo�e secured hereby,all prepaid zonto end etl muniae
<br /> �, �� whloh may have beon or may hereafter ba depooitod with sald Trustor by eny leasea ot the Property, to securo tho
<br /> .�''�': peyment of any rent,and upan dofault In ths performance of a�y of the provislons heteof,T�usto�sgrees ta deQve�
<br /> - '�"'��f��'""�� auch renta and dopostta to the Ben�flclery. QoBvery of written nottce ol8eneficiary'e exeralae ot tho rlghta granted
<br /> �• hereln to any tenent oaaupying aa�d promloes shail be sufffcient to �oqulro sald tenent to p�Y. eaid ront to th�
<br /> 4� _ Bene?lolery unttl funhe�notice.
<br /> _ - � ■ g. ���. !!iltle to any ���t o1 th� Proparty ahall be teke� In ca�domnatian procoadinga, by�ight of
<br /> � eminent domeln or aimllar actlon, or r�hall ba eoid under throat of condomnation, all awerde, damages and procooda =-
<br /> ! �. ara hereby easigned And ehetl be paid to Beneficiary who aha�l apply auah award,dameges and proceeda to tha auma —
<br /> secured by the Deed of Truat, wlth the excoae,if any�patd to the T�uatcr.
<br /> . ; :. 10. Futuro Advanaes. The Loan Agreement provid�e fo� edvances from time to tlma to T►uetor by Baneficlery --�7,-.
<br /> ' � � es provided therein. In additlon,uporv�equast of 7rustor, Boneficiary, at Benetialary's aptlon,prior to recanveyenco
<br /> � of tha P►oparty to the Trustor, moy mako addltl�nol futu�o advancea to the Truator. Suoh iuture advancea, with ��;F.
<br /> � , ,,;. interost the�oon, shell be aecurad by thla 1]ead of Truat wh�n ovidenced by promissary notea etoting that seld notes
<br /> �r ��:'•� are securad heroby; providod thot At no timo shall�the socurod prinaipol and future advences, not I�cluc9ing suma
<br /> �.�'`ti��`� advanced to protact the oecurity, exceod aRS hund�ed percent (100°6) of t�e originAl principal amounte s�cured
<br /> ' ' horeby.
<br /> � �r`�'� 11. 66omedlos Cumulative. At0 remedios provlded in Ehis Deed of Truat are distioct and cumulative to�nY pther
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<br /> ;t , ���;;�y�;,;, �ight oT r�!nedy �inder thia Peed �f Truat at afforded �y law or equlty, and ���Y bo oxe�o�od!solfa;c�i�nt y,
<br /> �• � Indapendently or succeaeivety.
<br /> �� �� � 12. Accatoration: Ram�dless 9alo. A d�f��lt ahall exiat In the event o4:
<br /> (A) Any ftaud or mie�oprooentation by the �'suetot in conn�atlon with the line of credit whlah thie Oaed of Trust
<br /> . ' , � seau�ea; ,
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