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<br /> 4. INSUR.4NCE. Truttor, el d��xpsnt�. wdl mamtain wrth msur�ro epprovad by B�ndiCiary,msurann with raapect to the � ;; - �
<br /> Improv�mmt��nd p�rROnal proputy.conetitutinq the Propem/.c+gnmet loes by tvs,liphtmnp,tornndo,end oth�r p�nb end huxerdt
<br /> covered by standatd oxt�ndod covernpe endorcement,m nn emount equel to et Iseet one hundred perc�nt ol Ihe full r�pinc�mQnt
<br /> � value thwnof�nd insuranc�ngein�t such other hnzards and in sueh amounta aa is customanly carei�d by owrera end operatora at
<br /> O amder prap�rtus or n�B�ndiciary mny nqui��for ds protteUon.Tmstor wdl comply�n1h euch oth�r nquirom�nle as 8mdic�ary maY `
<br /> , �trom tim�to tims nqu�st lor th�prot�ction by�n�urnnc�of ih�int�r�stt ot lhe r�sp�ctiv�pAR�N.AU inaurAnc�polici�e me�ntein�d
<br /> pursunnt lo lhu O��d of Trust ehRll nnm�Truetor And B�nsticu�ry e��neuwd�,an theu roap�ctrv�mter�nta may epp�er,and provid� �
<br /> thnt th�r�Ihall b�no cancNlst�on or moditic�uon wdhout nc�b�R Ihan 15 deys p��or wntten notdication to Truelee and Bon�f�ciary.In `
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<br /> � the event eny policy herounder ia not ronewed on or betors 16 deys pnor to�te expvetion dato.Truct��or Ben�tiniary rnny p s.,
<br /> �euch inswane�in accordnnco w�th ihw pr�vi:�on,of patpflrnph A 6 horeot.Truetor ehnll dehver to Beneticiary Ihe onginel polic�es o1 .
<br /> Inaurenc�and rsn�wttls ih�nof or memo copi�s ol auch polkNS pnd nn�wnls lh�reol.Fadure la turmah euch insurance by Trustor,
<br /> � or ren�welt at r�quu�d h�nunder thesli,at the option ot Benehc�ery,con�tduts e detault. -
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<br /> 5. TAXE3, ASSESSMENTS AND CHARGES.Truato► ehail pay n�l texes,asaessmento nnd other chargen. includmg, w4hout
<br /> � I�mdation,f�n�e and imposArono adnbuleble to the Propert/,snd IeAS�hold pnymsnts or ground nnte, if eny, befon lh�eams • Y
<br /> become delinquent.Truetor ehall promplly furn�sh to B�neficu+ry all not�con of nmounts due under this pertsgrnph,end m the event
<br /> Truetor ahell mak�pnyment dvectty.Trustor ehall promptly lurnish to Benehciary nceipte swd�naing such peymente.Truatoard tol , �w-�.�
<br /> pay all tax�a nnd t►sa�ssmenta wh�ch mey be lehed upon BenaUua artthereot uhon the Beneficm'ryDeed of Trust wdhout refl L W�,•_"
<br /> � any Inw that may be enactad�mposmg peyment of the whole a any p P � . �`�;'+�+�LR
<br /> � 6. ADDITIONAL UENS ANO PROTECTION OF BENEFICIARY'3 SECURITY.7rustor ahnll make ell paymenta of mtenst and , ,+•r--
<br /> ' � pnncipal and payments ot a�y othar char9ea, feea and expeneea contracted lo be pn�d to any exiaUng hen holders or pnor ";.'
<br /> , benefic�an�s und�r nny pnor deed o 1 trus t or mo rt g a pa before tF�e data they ere dehnquent and promptly pny end d�scharge Any and ��`
<br /> � all other INns,claim�or chArpee which may Ieopnrd�ze the a�curAy yranted hornn.If Trustor tada to mak�any tuch paym�nt or tads .
<br /> ' to p�rtorm sny o}the covennnts end agreemsnts contaned m thn Deed of Truat,or in eny prwr mortgaps or deed of truat,or if any ��'.
<br /> action or procoeding �a commenced wh�oh matenally nffeda Beneficiary c intoroet �n the Properry, �ncludmg, but not I�mrted to, �
<br /> � � eminent domein proce�dings,or proeeedinge invoMng e deced ant,or if Trustar tads to pay Trustor's debts generelly es thsy becoma
<br /> • ' due,then Beneficiary,at Benoficiery's option end wdhout nouce io or demend upon Truator and wrthout reUasmg 7rustor from any
<br /> � obliget�on heraunder, may make such appeesrancas, disburse such sumn nnd teke euch actio� ment pu Chaae, eoMest or
<br /> �� �, Benehciery'�mtsrsat, inelud�ng. but not limded to, disbursement ot reaeonable ettorney'a feea, pay
<br /> , compromiso ot any encumbrance,charge or Iien,and entry upon the Property to meke repments to an sexiahnAt Troust��sholdena or
<br /> ! procure msurnnce or to pay ttucea,asa�ssmente,or eny other cherpee or to make nny pny Y 9 P .
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<br /> beneficiarissf,Beneficiary may praure such inoumnce and mnke euch payment.Any amounle d�sbursed by Bensficiery puraunnt to ; _-
<br /> "�� �i this Perapreph A.8 ahall become additanal mdebtedness olTruator secured by thia Deed of Trust. Such nmounts ehrll be pnyable ' ���
<br /> = 4 i upon nol�ca hom Bensflciary to Trustor nquesting payment thereoi,nnd ahall bear interest from tha data ot disbureement nt the f __
<br /> � rnte payeble hom tfine to time on outatandmg principal und�r th�Note unless payment of int�rost et such ral�would h�conirary to ,. � 1��,
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<br /> • � �i epplicabls Iew. in wh�ch ovsnt such emounta shnll bear intarest et the higheet reste permfseible under eppliceble Iaw- Nothmg , ��
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<br /> ... �. � 1 conteined in thia Paragraph A.8 shnil require Beneticiary to mcur eny expense or take any achon herounder. �,.,���__ _
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<br /> ^- �, p. IT 13 MUTUALLY AGREcD'THAT: �!••
<br /> � '^-��• 1. A3SIQNMENT OF RENTS.Beneficiary shali have the nght, power end authority during the conrnunnce of thia Dsed ot Truct ��—�
<br /> � � to aollect ihe rente,�aeues and profita ot the Property and oi any personal properry locatod thereon with or wdhout feking ponaeasion �.-�--`�
<br /> - �Y�,� of ths property nttect�d hereby.and Trustor hereby nbsolutep and unconddionally assi9ne ell euch rents,iasuea end profite to �'�,���
<br /> R Benefic�ary.Beneficiary,however,heroby consents to the Truslor'3 collecdon nnd retention of euch rents, iseues and prot�ts as they ----
<br /> �' nccrue and becoms peyablo so bng ea Trustor is not,et cuct�eme.m detnutt with resptet to payment ot eny indebtodnesa secured .�
<br /> � henby,or m ths pertormancs of eny egreament hercunder.Upon rny such defeuR,Bsneficiary mey at eny hme,erther m parson,by � �
<br /> agent, or by n rec�ivar to bs nppomted by a court,withou[notice and wdhout regerd to the ndequacy of any secunly fot tha �
<br /> mdtbt�dneas hsnby secured,(a)entar upon and teks poanession of the Property or nny pnrt thereof,end m rte own nams tuo tor or
<br /> othsrwns eoll�et such nnts,�ssues md profite,mcluding those pnst due end unpnid,and apply ths eams,Nis eoets and oxponsee
<br /> 01 operation nnd colwctan, includinq reasonebl�nttorneye fees. upon any indebtedness eecured hersby,end in such ordor ns
<br /> Ben�ticinry may dstarmfns; (b)p�t�orm such ecte of repair or protection as mny be necesenry or proper to conservs th�velu�ot ths
<br /> Properry; (c) lees�the oams or eny part thereof tor euch rental, term,nnd upon such conddwna ae ds�udyment may dictete or
<br /> i}1 tsrminats, ar adjust th�t�rmo end eonditions of existmg leasea.Unlesa Truator and Benefiaary Ihenof agr�� oth�rvne�m wrding,
<br /> any epplicalion of rents,issuea or profit9 to any indebtednese eecured hereby shall not extend or postpons ths du� dnte ot the
<br /> • matalimsnt payments ne provfded �n eaid promiasory nole or change the nmount of such mstalimente.The �nteru�g upon and — _
<br /> tttking poss�seion ot the Property,the eoll�ction of such rente.�ssues end profite,nnd the npplicntion lheteot aa afoteaeid,ehall not
<br /> waive or curs any defeuR or notica of default hereunder or invahdate any act done pursuant to euch notfce.Truator alao aasigne to `
<br /> BanofiGary,ns turther eecunty 1or the pedormnnco oi the obhgntione secured hereby,e�ll prepaid rents end a��ms tlof anhicro t oy �_-
<br /> haw Men or may h�natt�r be depoeded wdh se�d Tructor by any lessee of the Property,to aecure the pAy Y �_, ----
<br /> demagea,or upon defauft in the porlormance of eny of the provis�ons hereot,Trustor agreee to deliver auch rents and depoeAs to °
<br /> - � � Bensficisry.Delivery of written notice of Beneficiery's exercise of the nghte granted heroin,to any tenant occupying said premises �l_
<br /> shall be sufficient to roqwrs said tenant to pay rent to ihe Benefiaary until further notice. �
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<br /> 2. CONDEMNATION. If title to any pnrt ot the Properry 6hell be tnken in condemnntion proceedinga,by nght of eminent dommn �; � G
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<br /> or similar actbn,or s ha l l be s o l d u n d e r t h r s a t o f c o n d e m n e h o n,e l l a w arde,damn gee and proceede are hereby e+aeigned and shall be �* tr i
<br /> pa�d to Beneflciery who ehnll apply euch ewards,dnmagea and proceeds to the sum secured by thia Dedd of Truat,wdh the excesa, ..
<br /> if nn , aid to Trustor.If Truetor recarves eny notice or olhar iMormation regarding euch nctwns or proeeedinge,Trustor shell grvo •.�`.';r��..
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<br /> ' prompt wrAten notice thereof to B�neflc�ery. Benefioiary shall be entdled,et ds opt�nn,to commence,nppenr in and prosecute m ds
<br /> ' ; own name any euCh action or proceed�ngs nnd ehall be entitled to mnke any compromise or settlement in connection wdh any such �
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<br /> acpon or proceedings. •�
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<br /> ' 3. FUTURE ADVANCES.Upon request o1 Trustor,Benohnary at Benof�aary'o option,pnor to reconveyance of lhe Property�o :
<br /> " Trustar, may make tuture advancos to Tru3tor. Sueh fulura edvanees, with mtereot thereon,shall be seeured by this Trust Deed �;;_i�'
<br /> whe�ewdenced by promissory notoe etatmg thnt caid noles are secured hereby;prowded thnt st no time shali the secured pnnwpnl, ,
<br /> � future advences.not mcluding eume ndveneed te proted Ihe secunty.exceed Two Hundred percent(200%)of the onginal pnncipal
<br /> ' amounts secured hereby.
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<br /> � 4. REMEDIES NOT EXCLUSIVE. Truatee and Benefivary, and ench of them, shall be entdled to entorce pay
<br /> _ ; perfarmance of nny mdobtodness or obhgations secured hereby and to exercise eli nghts and powers under thx Deed of Trust or
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<br /> • ' under any other agreement execuced in co�necu�����e.a..�..�....;--••-••-••- - -
<br /> � such mdebtedness and obligehons secured hereby may now or hereatter be otherw�so secured,whether by mortgege,deed of trust. � - ��-
<br /> � pledge, lien,assignment or otherwise. Nerther the acceptanco of this Deed of Trust nor its enforeement whether by court nchon or
<br /> � pursuant to the power of sele or olher powere herem contaned,ohall pre�udice or in any mnnnor eNect Tru3tee's or Beneficiary's
<br /> � nght to reelize upon or enforce eny othe�secunry now or hereafter hold by Trustee or Benoficiery, d bemg tfgreed that Truotee and
<br /> BeneUc�ary, end each of them, shall be enidled to enlorce Ih�.^,Deed of Trust and any other secur�ty now or hereafter held by
<br /> 9enefic�ery or Truatee m such order end manner as they or edher ot them mny m thoir nbsolute discrelan determme.No romedy
<br /> herein conferred upon or reserved to Trustee or 6enet�c�ery �s intended to be exclusrve of nny olher remedy herem or by law
<br /> provded or permitted, but ench shell be cumulative end �hell be in adddion to every other remedy grven hereunder or now or
<br /> � hereeRer exisbng at Ipw or in equdy or by stAtute. Every power or remedy prov�ded hereunder th�s Deed oi Truat to Trustee or
<br /> j i Benefic�ary or to which s�ther of them mey bo othervvise entAled.mny be exercised.concurrently or mdependently,trom I�me to t�me
<br /> � end ee ollan ea mey be deomed exped�ent by Tructee or Be�ief�ciary and edher of them may pursue inconaiatent remedies.Nothing
<br /> 1 herein ahell be construod ns prohibdmg Beneficinry from saek�ng a deiicioncy�udflment agdmst the Truslor to the extont such action
<br /> 7 ia permitted by law.
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