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<br /> ��i by ownei's and opecatora of simi�er pmpe►ties end as 8enef�pary may require tor its proteation. Trustor uviU compfy ` ' ° '` �
<br /> � � t � uv l t h su d t o 4 h 8t teqv i teme t�t s es 6 8ne f i c iary may i rom t ime to t im e reques t for t fis pro t e C Uon bV�nsurance o f t he �
<br /> � ; _� int�rest of the rospsative parties. Al1 insurance poficies rteaintained pursuant ta ti�s Qeec!ot Tnist shalf name Trustar . • �''.,V
<br /> . - -``� an��rte�tciary as i�sure�,ss thsir respective inierest may e�pear anti provide ti�at thare sfiali be no cancellation or ;-���;,_---.��
<br /> . � modiRcatian without fifteen 115! days prior writtan notif�cetion to Trusiee and Bensfic�e►y. IN the event�ny policy � . ',..,';�� r
<br /> , hereuatiar is not renewed on or before tlftean 1151 days prior to its expiretion date.Trustee or Bena�iciary msy proeure ��;.;. ,�
<br /> � such insurBnCe in accordarece with the provis�ons of Paragrapfi 7. Toustor sfiall detiver to Bsne�ciary the originaf •-= -.�=< �
<br /> � •�,;:�_.:-,-.-�.;. poGCies of insurance and renesvais tRBreot or copiss of snch poGctes and renswats thereaf. Faiture to fumisA such - ',;��"`��`� �'
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<br /> "�'�� insurent�by Trustor,ar cenatvais ss�e�uired hareunder,shall,at the option of Beneficisry. constitute a defau{i. AO � `� � -:�;;�`
<br /> ���`•�������� � �. uneam�premiums are hereby assigned to Trustee as additionat secu�ity,and a safe and conveyanoe of the i'roperty ''
<br /> ', . �,_.:.• . .
<br /> ' � •' � � by the Ttustea sha0 operate t�wanvey to the purchaser the Ttustor's interest in and to a0 poticies of insurence upon - ���••����
<br /> �, . . ;
<br /> : the Tnist Pr�party. _ . _
<br />_ � .. ,j 5. Yex�a�ted AssessmeMs. Trustor shef!pay aif tasces arr��psdal assessrrtems(evictd cc assessed against.ot . .; � ,�_ ..�
<br />.. . ' . :[ due� nn,tQse Property�sfore Qelin ency and will dsttv�r to Qerte�Cdery coptes of raeeip�showtrsg payrtec�nt of such ' '`:^ � '";'- ,
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<br /> � �.�� taxes�d spacial assessments. ::;;;�,ftLs>`�� ��'
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<br /> , 6. 4l$�ittonaf Liens. Tnsstar shall make ail payments of intorest ertd pdncipaf,and psymerts of arty o�her charges,
<br /> . � fees,anti expenses contracted to 6e paid to any existirtg Qen hotders or prior herteficiaries urrder any Rrior Deed nf - � -,:. �.;�;:=
<br />" •=r. Trust,Mortgage ur ot�er security agresrr�ent,trefote the date they�e delinquert arsd ta R��arty other ctaim whict� - -
<br /> � •. '" � � jeopardizes the security granted herei�. • ��_-�
<br /> "'� ' 7. Prat�cttan of Beaefic�aey's S�cter5t� Shoutd YrcasKUr fatl to mak�anY aa�rnraM, fa�w da any aci as h�re�n —
<br /> � �,���:. ;`.:� provi�ed or if any ection or proceeding is cammenced which materiaify affects�n�afidary's Interest in th�Rropeety, . �� r —
<br /> indudin g, but no tiraitted to, eminent dacnafn. tnsoiven c y, arrangements or proceed'sngs involving a bankrupt oF . -'!
<br /> • `-,.. decedent,tRen Beneficiary or 7nrstee,bst��c�ithout obligation to do so,and withaut notice to or demend upon Trusta�, -- --�;�'��
<br /> .. •, :'; .: and without reteasing Trustor hom any o�frgation hereunder, may make or do tfie same, and may payt fltua�ase, •��� � �--
<br />� . ��;; : cantest or compromise endy encumbrance,charge ur lien,which in the judgement of etther appears t�op a�ct said ;,'��,�: ;��
<br /> • Property;in exercising erry such powers,the Bsneficiary or Trustee may incur a tiability and expend whats�emounts, - "° .=-
<br /> � � " incfuding dis6ursements of reasonabte attomey's fees, which in their absotute disixetion may ba nec�s�. In ths __ " �-�
<br /> event that Trostor shatl tail ta procure insurance, tail to pay taxes and speciaf assessmem�or faa t� make any ' '
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<br /> � � � payments ta exisUrtg or prior lien holders or beneficiarles,the Benefciary may prvcu�e such F.�s�rartce etcd n►ake such '- _=_-
<br />- .. paymer�ts.,'AII sums i�curred or eaperMed by Beneficiary or Trustee in sccardertcQ wltb the�rae�isians ai�clhe Deed of ` ..�^ -- —
<br /> ':`•'�•���< �� • 7rusk��tiereby and,witAout det�taRd,shali be immediatety due and payehie by Trustor and s[t�ty.�as i�terest
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<br /> at tfrte i��ssavicf��ior advances under ttx�F:�an Agreement;provtde�,howeve�,�cPr�t at th�oAUan og tttm�rio�C�ary --
<br /> . '��'� or Truse�,suah.�tr�s may be added to tfo��;grirtcipal balance of anY iesstebtedness secured hcrraby and�i���i�ea�thc� • _
<br />� • `�'" same�sL�test es.�indebtedness an�d5iflt be payable retably ov�C�e remaining term ths�,�a� ` •
<br /> ; "`'' 8. i,�ignm�i'tis'isi Ren2s. 8eneflctary s��.i'hava the rigt►t.power and authority du�ing tha car�teiaarsco r�i"st�ais Oaed �•� :�'T'�=
<br /> -----, � - . - • , of'C�t�o collect the rents,tssues and proflts ot the Property end of any personat property to�ied tR�or+with or • �� :'a--
<br /> •�';;;� � withaut�taking possession of ths Property aHected hereby,and Trustor hereby absalutety and�conditio�a+"iy asstgna ' __
<br /> �� all such rents,issues and proftts to Beneficiary. Beneficiary,however,hereby consents to the Trvstor's ooltection and _
<br /> ' retenuon of such rents,issues and proftts as they accrue and become payabte so[ong�s Tnesl�4s not,at such time. �-
<br /> ;;�s..;�. �., : ` in detauit wlth respect 4o payment of a�►indebtedness secured hereby or in the performance of any egraement "``
<br /> :-'�i.� .� � hereunder. Upon arry such det8uft, BenefiCiery may at eny time, either in pers�n, by agent or by a receiver to b� �
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<br /> - �• ap {,� appol�ted by a court,without notice and without regard to the adequacy of anx�urity for the inde3�tedness hereby ,
<br /> ` `��•' ��+`- `�� secured: (a} enter,�r,p4n and take possessimn of tbe Property or an� part th�raug and in its own name sue for or .� �
<br /> `, � �(�`� •., - -
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<br /> ��..`.`�`a�����"�:� ` otherwise co![eee�;rents,issues and profits,inctuding thase pa�4.cf;ci.e�4d�inpatd,an apply the same, tess cos4s . . � � ' .
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<br /> , and�acpfenses o'�ap�r�tion 8nd cotlection,inctuding reasonabie attorra�f�s,,,c�ian arry indebtedness secured hereby,
<br /> . ����" � ' as�,�l jtv..a(tch order as Benefciary may determine:(b1 perform such acts of repa�c�at��tection as may be R¢ti�ssary or '�" 'i�'•._'
<br /> ' . � `• � ;acv��rconserve the value of tha Piroperty:(c)leese th�a seme or any part hereo'�inr sach�ental term�r�dl uq�n such . ''�"';_
<br /> � ��` �condi+�s�is as(ts judgment may dictate. Itrslo�Yrustor and Beneficiary agree oti't�iavise in w►lting,any a��xation of •��`..•`�-
<br />_ . . �'7:�'� .. . . . . .:. ,
<br /> rents,issues or profits to any inde6tedne�s��su�d hereby shall not oxtend or postporle the due date of the installment � 'fi� -
<br /> . ' �� ;;�;� payments as provided in the Lo�n AgreB:h�#ti".:�5rtd the eppiiptlon thereof as aforesaid shafti not waive ar cure any �:. •• �'�
<br /> . ,��. .; � .;t;, def�edw or notice of detault hdr��er or iRV�tidate any act done pursuarn to��ch notice. Troator als4 assigns ta • ..",�',;:_
<br /> : • : �`1�::'?•... = BeRc���ary, as further security Lmr.tt�e perfarntance of the obligattons secure�h�i�t�,aU prepeid rents E�I r�i�cnonies � .
<br /> ` � � winich may have besn or may Re�ea�ter ise�dffposited with said Tecis4»r'by any�,r�ea of the�Property,tci r�¢wo th�s � �•, � ,
<br />;'w . � ;';;,i . •payment of any rctn�and upon defautt�m tli�,�ortormance ot anK irr t��provisions hereof,Tcustor egreQS tcr sli�[ivorr . • .
<br /> • , s�dz,rents andda�svsits to the Bene�CCEa�ye:: L'�slivery of wrltten nn�i���f Beneflciary's exsv�v4 the righrss granted• �
<br /> ' har¢itr•ia�ony tanant occupyirtg said �r�rtai:,�9 st�l Lio:xufficlent td require seid tenant.tar pe�t ssid v�! to the ' ,�
<br />- � . 13ara9i�:i�r�t until turther notFcQ , . � `'r,;
<br /> 9�.�.�oader�r+atlon. If title tio any�ar�e.�mf the Propw�y�shail tse taken in condemnatian��edings.��s c'rght of
<br /> � '. � emitient dvrtnair�ar similar ection,or sh�1l�ibx�statd under thieai af caor�demnatton, ail award�,,,�demages eric�prmceed� : '..
<br /> � eto hereby assigned and shatf be paid to B�ticiary who sh�tt appi►�v.gucl�awara,damag�.m�c��srocesd4 td ttse sums
<br /> 3;.
<br /> sacure6 by 4he Qeed o9 Tnistt. v�ftA Ehe excess,if a�ty.�aid tb tli�a��tor. � ' � • � � r +••
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<br /> .1,,<, • '�0. Fumure Advaae�s. 't'frta��.oan Agreemen!p�ouid'as�for ad�anet��fram.tiis�a to time to Trustor bp•13DnAfiaary 4,,,��j���,,
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<br /> -,_�;��,; ,: � .•���t es provided the�oin. tn addition, upon�equest of Trustar.6eneflcir�i�s;.aC 13�nptici�ry's opuon,prlar ta rocot�veyance A'°'`��' �
<br /> • � of the i'ropert}r to the Trustor, may make additionaf future advancau:t�s Yhe 1'tustor. Such future advances, wfth • . �
<br /> '`'�°�° intarest therean;shall ba secure�by this Deed of T►uat when evldenat�d by promissory notes steting that seid notea
<br />_ , _ , _ ,�
<br /> � � . � ere�aeaured hereby; provided that�t no tlme sha0 the secured principal and future advances, not incfUding sums �� � . •�
<br />-' � . '} adVanced to protect the secwity,exceed one hundred percent 1100%) of the orlginal principal at�nounts+ secured � '
<br /> � herebV• . . .�="'•
<br /> . . . 11. Remedias Cum�alartive. Afl rerrtedies pravided in this Qeed of Tmst are disUnct and cumatative to any other �. . ��"`
<br />�;� � ; tight or remedy under this Oeed o} Trust or eNorded by taw or equity, and may be exerased concurrently, `��'�
<br />- � ' independentty or successiveiy. �: '� �� •
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<br /> _ 12. AecetaraUon;Rome�s:Sst�. A defauit shali exlst in the event ot: ; : ',
<br /> d� _._.. ._.� (A) Any f�8ud or misrepresec�tetian Ay tha Trusior in connection �r�iih th� lin�ot ered'rt whieh this Deed of Trust �__ . '_._....,�:
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