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<br /> �� � 97- 106�'�Fl �-:;�:�_ .___
<br /> ns�,wdl mmntam wilh insuron approved by Bend�c�ery.i�surnnc�wdh raap�ct to ths n.�;.;-,:.�..._ _
<br /> 4. INSURANCE. Trustor, at d��xp� a�""
<br /> ' Improv�m�nt�and p�nonal prop�rty,con�UtaUnp th�Prop�rry.�pamtl bu by fin.Iphtmnp,lomado, and othtr p�nb and heuards � ��:a,:=___
<br /> cowred by atendsrd�xt�nd�d cowray�mdors�m�nt,in Rn amount�qual to at I�a�t on�hundr�d p��cmt ot lha full r�plac�mmt ' {`:�_�-.;:
<br /> I valus th�no}end m�utanc�pfl������uch othor hezard�and in tuch amounta ne�sµ�„suchr hor'r qurom nl�es Bmoi c Ary m Y • • • _
<br /> amdar prop�rtwt or n�B�n�ficiery mAy nquin tor dt prot�ctwn.Trustor wdl comply '- ��:�,
<br /> from tim�to dm�nqu��t 1or Ih�prm�ctron by m�uranc�of tha mt�n�t�o11h�nsp�etrv�pahNS•All m�urnnc�pohciu mnmtainod
<br /> pursuent to this D��d o}Tru�t�hall nRm�Trustor and B�n�fic�ary es msur�do.a�thtir r�spocln� mlvo�te may npp�er.end prov�de .' __
<br /> thet lh�n shall be no cana�lietwn or modihcatron wdhout no I�o Ihan 15 days pnor wntten noUhCedan to Truat�e nnd Qen�c�o�cu'. �^:,�-
<br /> th��v�nt eny po��Cy hu�und�r u not r�n�w�d on or b�ton 18 d�ya prwr lo�t��xpuation dal�.Truct��or Q�n�f�cmr ma p _„._.
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<br /> such meurenoe��nccardenc�wdh Ih�provuions of p�rpyraph A.6 husol.Truttor�hell dNrv�r lo B�n�l�cinry lh�ongmel polici�e of -r
<br /> i -:..
<br /> � msurena�and nn�waN th�rwl or m�mo copN�ot ach poiicia and nn�wnlr Ihoraoi.Faduro lc> Nmi�h auch inIIU�nnce by Truetor. "��,I �•k�;�-- --
<br /> j ar nneweb a�nqwnd h�nund�r�hall,�t th�optan o}B�n�ficwry,eanstitut�e d�tauR. ,' ����� �,__
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<br /> ...-� � 5. ThXE8.A98H8SMENTB AND CHAR(iES.Trustor shaU pAy all tax�s,ass�um�nt�nnd oth�r charg�s. includ�ng,without � __
<br /> +�Mb � 1..
<br /> hmRatan, fin�s end imposRwns attnbutebN to th� Prop�rty. �nd �ns�hold paym�nt�or qround rante, d nny, ddore Ih� aame . �'" ��.�_
<br /> ' I .?.'4x.._•ti_`—
<br /> becom�delinqusnt.Trustar�hall promptty turmsh to B�mficiary all noticu ot amounts du�und�r ihis parayraph,end�n Ih�w�nt •f.a�-
<br /> Trustor ahall mako paym�M dvedty,Tructor�hell promply turm�h to Bend�c�ary nc��pts�videncng such paymants. Trustor ehell .;-s;�—
<br /> � pAy all ttuc��and ass��sm�nt9 whkh may be lsvi�d upon B�M1ic�ary's mt�r�st henm or upon tha Deed of Trust wdhaut ngerd to ;���"�•4� _�
<br /> � nny I�w that may ba�nnet�d impotmy paym�nt of ths whoN or any pert thu�o/upon th�Ben�fiewry. �,�-�' I
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<br /> :, 8. AQOITIONAL LIENS AND PROTECTION Of BENEFiCIARV'S SECURITY.Truator shall mnke all payments of intoreat and ��.
<br /> •; pnnaipal and pnym�nts of any olher ehergsa, t��a and oxp�nsa contmcted to be paxl to any ezisting lien haldere or pnor r�•_.,
<br /> f benafieienas under eny pnar dud of truat or mortgey�b�foro tha dets th�y ara dehnquent end pranptly pe►y and ditcharge any and : _
<br /> all othsr litna.cleims or chnrp�s which may��oPerd¢�the secunty qranted htrein.I}Trustor fnda lo maks any such paymont or fads }�:_
<br /> � to perform nny ot th�cownants end ayrtsm�nts contanad m this Dsed ol Trust,ar m nny pnor mott9ape or d�ed of trunt.or d any -
<br /> actwn ar proaeding ie commenud wh�ch mnt�naly attecta Bsne(�c�nry'a mtsrest m ths Proputy. mctudmg, but not hmdad to. _
<br /> amm�nt domam procaodmgn,or proce�dinga invoMng e dacedent.or d Trustot feds lo pny 7roztor'e debls g�neralty ac thoy bocome --
<br /> � duo,than Ban�ficiary,at B�n�ficwry's optan nnd wRhout notics to ar demand upon Trustor and wRhout rekaaing Trustor from any
<br /> obligation heroundsr, may mak� such nppenrences, disbure� such auma end tak� such eclion es ie nurchase, contestsor -
<br /> B�n�ficiary'�t �ntenst, includmg, but not limdsd to, drobursement of raasonable attorney'e faes,payment, p
<br /> '�� pr curemnaurance o�r to p yrtexea,aaa�am nU.or any o her chetpes o�to meks eny paymenta M any exnsUng prior I sn holdens ot
<br /> bensficfarNs.Benefiaary may prxur�cuch maurancs and mak�such peyment.Any amounis ditbu►s�d by Beneficiary pursuant to
<br /> this Paragreph A.6 shali b�com�adddanel md�bt�dnesn of Trustor eacured by this Doad of Trusl. Such amounts sheli be paynbie
<br /> upon notica hom Ban�ficiary to Truslor nqussting payment therwt, and shall bm�nt otru�t�resl nt euchArat f wouid bs contraryho
<br /> ��• ret�payebl�hom tim�to tim�on outstanding pnncipnl undor tha Nota unkas pey
<br /> „ � applicabN law, in whkh ov�nt such emounte sheil baer �nt�rsst nt the h�gh�st rat� p�rm�sa�bN undsr epphcabls lew. Nothiny
<br /> conta�n�d in th�s Paragrnph A.6 ehall nqutra Bsneficiary to incur nny exponse or tnk�nny actan h�rsundor.
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<br /> � �. l B. IT IS MUTUALLY AGREED THA7:
<br /> ����'�� ' � 1. ASSICiNMENT OF RENTS.Benef�ciary shall havs the nght,power nnd nuthorRy dunnp th�conlnuenc�of thia D��d ot Trust
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<br /> �t,.`��{�, ' to colled ths nMa,ususs and profits of the Property and of any pusonal property bcnted lhereon wdh or wdhout ta i�g poaa�ss�
<br /> . .�.., ,.;
<br /> . ��;�.- •��' of th� prop�rry atfectsd her�by,end Trustor henby absolulely nnd unco�diUonaly assgna e7 euch r�nb, issu�� and pro s to
<br /> „ • � Ben�fic�ary.B���ficlerY�how�vor,henby consents to th�Tructo►'a colkdion and retentwn ot such nnte,issue�and profds a�th�y
<br /> aceru�and b�tame payrabb so bng as Trustar is not,at such tim�,m defauR wdh nspect to payment of any ind�btodnets sscu��d
<br /> ' henby,or fn the perlormana of eny epreemsnt h�reunder.Upon eny euch defauR,Benofic�ary mny et any tims,eAher m per�on, by
<br />� epent,ot by e roe�iwr to b� appolnt�d by s eourt, wRhout notice and wRhout ragerd to th�nd�quacy of eny s�eunty tor tho
<br /> ' indebtednssa hersby sseund,(a)snbr upon and teks poss�s:ion of the Prop�rty or eny pert th��es e me I M s eosts and expanaea �"
<br /> " oth�rwiss collect such rente,isnws end profits,�ncludmp thosa pact dua nnd unpa�d,and apply �.
<br /> of operation nnd collsd�an. includmg reasonabls attorneya bss,upon nny ind�btednese a�cursd hereby, and in such ordsr ee
<br /> -_ " . Bon�ficiary mey determm�:(b)p�rtorm euch aets ot repav or ptotection ea mey be necossary or prop�r to cona�rv�ths vnlu�of tha
<br /> •: r' prop�rty; (c)Nnt�th�sem�or any part theroot tor such rentel,torm,end upon such cond�tans e�da�ud�ment may dictats or
<br /> •�� '' �� �� t�rminnt�,or edjust tht tums end conditions ot sxiatmy leatsa. Unleae Truator and Den�f�ciary thenof egn�oth�rwn�in wnt�np,
<br />,�+ti'�; �.ir, �i.
<br /> ��:,�+ any applictstbn of nnts, issuas or profds to any mdsbUdn�so sacurod hQraby shnll not extand or postpona th�duo dnt�af th�
<br />�%`�S`'��`� ' �•�S in�tellm�nt paym�nb es provid�d in snid prom�asory noto or changa the amount of such mstnllmenta.The untenng upon end
<br /> `�"`,�` ' takin ssetsion of Ihe Properry,th�collection of nuch renta,issues and profits,nnd the application th�roof as eforesafd,shall not
<br />,�}F•,, . 4Po
<br />- weWs or cun eny defeuft or notiee ot d�fauft hereundor or mvatidats eny nct dons pursuent to tuch notica.Trustor elso aaagns to
<br /> Bensfiaery,es turtfiar seeurity for th�psrformance of tha obligatana�ecured h�roby, All prepeid nnte and all monNa whkh may
<br /> ° � hnw bNn or may h�reellsr M d�posit�d wdh sald trustor by any leaaoe of ths Properry, to securo ths payment o1 any rent or
<br />_ # demryea,or upon dsfnuR in th�p�dormancs of nny of the provnw�a herool,Trustor nyroes lo dehver auch renta and deposite to
<br /> �.-� ' B�n�fiGary.D�livtry of writt�n notia of e�n�fic�nry's�xorcia�of Ihe nphte grant�d herem,to eny tenant occupying eaid pramisea
<br />_,,.�.��.� .� -. ehnll b�sutficlmt to roquira aetid tenant to pny rent to the Bensficiary un61 tuAhar noNee.
<br /> .,.�� ' � 2. CONDEMNATION.If tdN to any part of th�Property ehall be tnk�n In eondemnation praeedinge,by nght of emment domaN
<br />�;, ��, or simdar adan,or�hall be aold undtr thr�at of condamnatbn,nll nwarda,damegea end proce�ds ero hereby sseign�d and ehnll be
<br /> ped to B�mficfery who shall apply such ewards,dameges and proceado to the eum secuad bythis Doud of Trust,wrth the exeess. —
<br /> d eny,paid to Trustor. If Tmstor rocervos any nolice or other informatan regardmp euch ectioee or procNdinqe.Truttor shall give _— _
<br />_ prompt written notrce thersoi to 8eneficiary.Benet�ciary shall be entitled,at ds option,to commence,appeer in and proaecute m as _ _
<br /> �, own name eny such aciron or procaedings And chall be entdled to meke any compromise or setllement m connechon wHh eny such �____
<br /> . ectton or proceedinga. --_-- -
<br /> - �" 3. FUTURE AOVANCES.Upon requeet of Tru�tor,Benofioiery at BeneSc�ery'e option,p�wr to reconveyance of the Property to -��.
<br /> � � Trustor,mny mek�tutun edvene�s to Truotor.Such tutun etdvances.wdh interest thereon,shnll be secured by thia Trust Duad ,- -, .�v_
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<br /> ' whtn�v�dene�d by promissory not�s stebng that eeid notoe ere seeurud hereby,prov�dad thedet no bmo sheU th�secured pnneipnl. . 4����y__
<br /> � � tutun advaneaa,not induding eume edvanced io protect the searity,oxceed Two Hundred percent(200%)of the ongmal pnncipal ^Yy��•
<br /> nmounts aecurod h�nby. l r�"��-
<br /> i 1 4. REMEDIES NOT EXCWSIVE. Truetee end Beneflciary, nnd each ot them, ahnll be entRled to enforca payment end `;a��� :t„�i
<br /> - � p�rtormane�ot pny ind�btedness or oblpatwna uecured hereby nnd to exarcise ali nghla and powere under this Daed ot Truel or .:,„�{•:{;
<br /> ....a�...,..n�h�r earoement exacuted�n connoc6on horowith or eny laws now or hereafter�n tace,nolwithctnndmg same or ell of Ihe .y�',•:;,.,
<br /> - --_.� ....�a..s..,��• ::..
<br /> - T such indebtadnesa nnd obhgeWns securod hereby mny now or herearter be otnerwise secu�ed.wimii�a�;'r-��:u�'a=��----• °--° --� _ - = -
<br /> pledq�,li�n,esaignment or oth�rvvias. Nedher the accQptance ot this Deed of Trust nor da edorcement whether by court nct�on or
<br /> oursuent ta lhe pow�r ot sale or other powers herein contemed.shau pre�udice or in eny rnenner attect Truatee's or Benefieiery's
<br /> nght to raal�zs upon or�nlorci any other securrty now or hereaRer held by Trustee or Benefiunry,d bemg egreed thet Trustae nnd
<br /> '� Ben�f�c�ary, end tach of them, shall be entdled to enforce this Deed of Trust nnd any other secunty now or herenfter held by
<br /> Ben�ficinry or Ttuatoa i�such order nnd menner an they or edher ot them may in th9ir absolute discrehon determmo.No remedy
<br /> � herem conl�rrad upon or reserved to Trustee or Benefxmry �s intended to be exclusrve af any other remedy herein or by Inw �
<br /> _ � provd�d or p�rmAt�d. but each shell be cumulatrve end shall be in ttdddion to every other remedy grven hereunder or now or
<br /> htr�eR�r sxistmp nt law or m�qaly or by stetute.Every power or remedy provided heraunder Ihis Deed of Trust to Truatee or
<br /> Bsn�fic�ary or to wh�ch edh�r of th�m mny be otherw�se enatled.may be exerc�s�d,concurrenlly or mdependently,lrom time to timo �
<br /> ' end es oR�n ae may be deem�d�xpRdi�nt by Trustes or Beneficiery and edher of them mny pursu�mcona�stent remedies.Nathing I
<br /> � here�n shell be conntruod ns prohibdmg Beneficiery hom seeking n detic�ency�udgment ega�nsl the Yrustor to Ihe extent such eclion I
<br /> � is pormdt�d by law
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