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<br /> � � Thiw Deed o! Trust, the Note, and any otlzer instrument qiven =-`—
<br /> �, ���� to avidenc� or further seaure tha payment and performanae o� anY �a:4-
<br />, �� � ti�:� obllgaticn secured hereby are referred to collectively as the "Loan �±_�_
<br /> � � In�trtamRnt�". �:.��:
<br /> �, _
<br /> ������ TO PROTECT TNE SEGURITY OF THIS DEED OF TRUSTs
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<br /> _-..-^----- .�.- � 1, �nvMENT OF INDEBTEDNESS. Trustor shall pay when due the
<br /> u pxin�ipal of, and tha interest on, the indebtedness evidenaed by
<br /> �� the Note, aharges , leea and all other aums as provided in the Loan
<br /> xnstruments.
<br /> .;�, . �. '
<br /> ; 2� n�`sT. ESTATF TAXES. Real estate taxes will be exempt but
<br /> •����' if not, Truator �hall pay the real estate taxes.
<br /> � "�'�`r�; Trustor shall appear in
<br />�'.i�,��;.,.,: 3. j�rrTnt�*s AFFE '
<br />:-�:j-,'.'�•; u orting to a�fect the
<br /> .::�,.:.1:�,,;�;�. . a�c� co�test any action or proceeding p rP
<br />• �,. ;t securi�y hereof or the rights or powere of Benef iciary or Trixsteo, _.
<br /> j'�'��'�' and shal'1 pay all costs and expenses, includinq cost of svidence of
<br /> ��4 � titla �nd attorney'e fees, in any such action or proceeding in
<br />�"�-'`�"�` which Beneficiary or Trustee may appear.
<br /> ��:
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<br />� '�--�� 1fTAiF.urt� Dp A�_IN" Should the Trust Estate, or any pa�
<br /> -�;�-��`` a. F
<br /> :�;;3�,� th.ereof or interest therein, be takvn or damaged �b� in �y�other
<br /> " ��' ,� publia improvement or eondemnation proceeding,
<br /> '�'-f i�i_�
<br /> =::%;'''' �� mann�r including deed in lieu of Condemnation ("Co�idemnation") , or
<br /> ��g��' should Trustor receive any notice or otT�er information regarding
<br /> -—'�'�.'��� such proceeding, Trustor shall give prompt written notice thereof
<br /> �:�
<br /> -_��s� Co Beneficiary. Beneiicio�Y s:iaZ2 bs �nti*�Pd to all compensation
<br /> --___ and condemnation awards and other paym�en��sm�r�e gor�fsettlement ain
<br /> —° shall be entitled to make any P
<br /> ___ = connection with such takin a e dariqhts Aof action�and aproceeds
<br /> �.,"a''�"�' condemnation, awards, da g ►
<br /> � ==m;;� awarded to Trustox (the "Proceeds") are hereby assigned to
<br /> �� Beneficiarys de as geneficiary or Trustee ay require.assignments
<br /> of the Procee
<br /> " �r,n��ecnQS AND ASS,��s. This Deed of Tri1st alppl ie8 to,
<br /> — 5.
<br /> inures to the benefit of and binds �11 parties here Buccesaorseiand
<br /> legatees, devisees, personal representatives,
<br /> theiNote, whe hsr orenot named„ashBeneficiary hereinand holder of
<br /> - °_=;,�� 6. EVFu'r� OF DEFpULT• Any of the fol lowing events shall be
<br /> ���°° deemed an event of def.ault hereunder:
<br /> — -- (a) Trustor shall have failed to make payment of any
<br /> — installment of interest, prinoipal, or principal and intereat or
<br /> _____ —= any other sum s�ecured hereby when due; or,
<br /> °':�w
<br /> ----=—=_ (b) There has occurred a breach or default under any eru►�
<br /> _—���- covenant, agreement, conditiion, provision, representation, or
<br /> _°,�u-_ � warranty contaf ned in any of the Loan Instrwnents.
<br /> =�<=��5• A���*wpATTON UPON DEFAULT ADDITIONAL RENXEp_�� should an
<br /> 7.
<br /> �"'� �'`�� `"� event of default occur, Beneficiary may declare all indebte ness
<br /> K..�;;�;.5�',.�
<br /> �``���.•:-• � secured hereby to be due and payable, and the same shal l r test por
<br /> ����f°'-�:Y� � '� become due and payable wi�hout any presentment, demand, p __
<br /> _%,�;<,'�'".� �� notice of any 3cind. Thereafter the Beneficiary may:
<br /> :��,;ti<:':°:'; .
<br /> � (a) Either in person or by agent, withoint dtb� a Court and
<br /> �,��;�_�, ', �: any action or proceedingw�o'^l?Y f ;tQesecuritv, enter upon and take
<br /> .� � ;;'�.r"�"� without regard Lv ��,a p�o.;��_� -- -- ',
<br /> possession of the Trust Estate, or any part thereof, in its own
<br /> � � ! name or in th� name of Trustee, and do any acts which i.t deems
<br /> � ` necessary or desirable to preserve the value, marketability or
<br /> � � rentabili�y of the Trust Estate, or part thereaf or interest _
<br /> therein, increasa the income therefrom or protect the security
<br /> . .�.. , hereot, a►nd with or without taking poasession ot the Trust Estate.
<br /> T
<br /> � sue for or otherwise collect the rents, issues and grofits thereof,
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