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<br /> ' � q. TN8URANCE. Truoror, at Ao oxponoe, w�n mamtam wnh inouroro app�ovod by tienof�a�nry,mnurAnco wdh roopoet to tho �
<br /> improvomonte snd poroonnt proporty,conet�luUng tho P�oporty.agtunet toeo by fuo, I�phtmnp,tornnda.nnd othor ponln and htunrda
<br /> covored by elandnrd extondod coverapo ondoroomont,�n an amount equal to at toQOt ono hundrod poreont ot tho lult ropineomont
<br /> � valuo Ihotoo}artd muurflneo agpu�at nuch othor htuardo and In ouch nmounto an ro cuntomnny carnod by owners and aperatore af
<br /> o�mder propertiao or aa Bonofialary may roquuo tor da protect�on.Truator w�tl comply with oueh othor requ�romonto ao 8enofiaary mAy
<br /> irom ttmo to timo roquont tor tho protect�on hy�nournnce of tho intoreats o}tho reupoelrvo pertioa.AII moursnee pohc�ea ma�nta�ned
<br /> � pureuant to thls Oeed oi Trunt ohaU nama Truetor and Bonefia�ary aa inauredo,ne their respeetwe�ntereste mAy c+ppear,and prowdo
<br /> that lhero shell bo no esncellAtlon or modA�ontion wrthout no Ieas lhen iL days prlor wntten noUf�cation te Truatoa and Beneflc�rry.ln - - - • -
<br /> . tho ovont uny potiey horeunder 1e not renewed on or before 1S daya pnor to its exp�rntion date,Trustea or Beneficiery moy procure �
<br /> � sueh insurance in aeeotdance wAh the provrelone ot pstagraph A.8 heroot Trustor ahaq detiver to Beneflciary the ongina►poheles of
<br /> , insurance nnd retiiewale thereot or memo coples of such poticlea and renewnia thereot.Faliure to turnish eueh inaurance by Truator, �
<br /> � . -f oo r0newals as requfred hereunder shall,at the option of 8ono4tctary,constitute u detau�. -�-�•��^>t;;;-'�
<br /> ' :::;:� . ::r,'.. �
<br /> • 5. TAXEB,A33ESSMENTB AND CHARGES Tvustcr ahali pay alI tuxee,assesemeMS snd other chsrgas.mctudmg,wrthout _. _;_'*``'
<br /> • R., � .::c:,.._..
<br /> ' timdat�on, fines and imposihons attnbutabta to tho PropeAy. and tsasohotd paymorts or ground rents.d any. boforo tho same ,,-;'S���;
<br /> bocome delinquont Trustor ahail rom t turmsh to Beneficia all notiees of amou,nts due undar this parAgraph,and m the event ';,,'.; >��;���='
<br /> , P P IY �Y ��f,,.,_...
<br /> ' . Trustor shnil malce payment d�taety.Trustor shall promplly furnish to Benefle�ary reeeipts ov+doacu�g sueh,paYm�q.7rustor ehait ' �` '�= - --
<br /> ,���.,;_,_
<br /> pay all taxes nnd aesesoments whtch may be tovled upon Beneflclary's intereet hereu�or upon this Dedd ot�'liruat ithout regard to };.-=,,,--
<br /> � any Isw that may be enacted�mposing payment of the whoie or any part thereot upon the Benefia�ary. ` rid�--
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<br /> ;�•t�`�;.�y„ � 6. ADDITIONAL UENS ANO PROTECTION OF BENEFICIARY'9 3ECURITY. 7rustor shall make all payments ot mterest and :--,.�.
<br /> ;,�`•�.,(�• pHncipai and payments ot any other charges, fees and expenses contracted to be paid to any existing lien holders ar pnor ;":.•`��
<br /> ';;%.i,';•Y�. �i:��-�_..
<br /> �.��t,:sy,rti beneflelaries under eny prior deed of trust or mortgage betore the date they are delinquent and promptly pt�y end d�scharge any and r,_.
<br /> jr�� , all other Ifene,clalms or eharges which may Jeopardize the aecurdy grented hereln.If Trustor taita to make sny such payment or kuis _
<br /> �,: :,j to pertorm any ot the covonanta and agreemente contamed m tt+�s peed ot TrueG or In any prior mortgage or deed of trust,or it any "� _- _
<br /> .h•?��{ ,�� actwn or proeeeding fs commoneed which materially attects 9os�efidary's interest in the Preperty, Ineiuding, but not Gmded to, , ,
<br /> emment domain Qroceedinge,or proeeedings inwlving a decedenR or M Trustor fafis to pay Trustor a debts generaliy+ss they 6ocome ,^,�ti 1 �.._
<br /> ' . � . due,then Benefielary,at Benafieiary's aption and wRhout notiee to or demand upon Trustor and wdhout releasing 7rustor hom any _t�if;ijr+
<br /> _ • ;:y; obligation herom�ndet may make sueh appeAr�ncae, dioburee such aume and ttrke auch aonon as +s necassury to protect ;�,_���'_.
<br /> ' � Beneficiary'e mtar�st, inctuding,but not Iimited to, disbursement of reasonaGle attamey's fee6. payment, purchpse. contest or �•��
<br /> ��,�':�=j��� '" �I eompromise of any encumbrance�charge a lien,and entry upon the Properly to make rep�tna.In the event that Truatot shall tail to ',:�;';���+�r.
<br /> �<;?���•;�•�).'�� : p ro are insurance a to pa y taxes,aasessmante.or any othet charges or to mAke any payment�to any exisUng prbr tien hotde�s ar �;�(;��:1��'��•
<br /> ° ,rr.�isyYti^7.C_
<br /> -;•.r•!�;,''�;:�:;s•;�"�t .; benefrofedes,Bonefidery may procure such i�surance end make such payment Any amounts disbursed by Benefidsry purauant to ,f ���,�,;,-
<br />_ !�i•;��;�p�GH�! �;' this Patagraph A.8 ehail bewme pdd�ipnal mdebtedness ot Truatnt sacared by this Deed oi Trus4 8uch nmounts shall be payabie �t.;�_,
<br /> �� ��'"�`"�°'�. 1'��� upon�o2iCe from Beneflelary to Yruetor requeaung payment thereot An6¢hall near Intereat fiom the date of disbursement at tfie s j{�r
<br /> � � +;�. - -
<br /> {�.rt;j:�;•�f�� rate payable trom time to Ume dn putstanding pr�ncipql undar t�e Nate unleas payment ot interest at such rate wou�d be contrary to �.:---
<br /> . t,�.:;::i,}e�_� �{,�t.��.--
<br /> +��� esppNeable law, in which evm�t suoh emounta ah¢�ll benr interea! et the htgheal mro permlasibis undar app�iceb{e law. Nothir�g �;:.._
<br /> �/`y'i:.+� � �p�y����q Q��gir¢t+A.g ahflu require Beneficiarv to incur any expense or tetke any aCtion hereunder. �� __
<br /> : '`',�;.:"' B. 1718 MUTUALLY AdRE'ED THAT: c—�W --
<br /> 1. ASSIOI�IMENT OF RENTB.Beneficlary shall hnve the right,power end authority during the condnuance of this Deed of Truat
<br /> � to collec!the rente,iseuee and profite oi the Property and of any pereonal property located thereon with or wfthout taking posseesion
<br /> - of tha propedy efteeted hereby,and Trustor heroby absoluteiy and uneondidonaity asalgns n�t sueh rente,iseues and profile to
<br /> . � B�neflcfary.8eneflcinry,however,hereby consenW to the Trustor's collection And retentbn ot such renta,issues and profits ae they
<br /> • aeerua nnd bacome pay4ble so long as Trustor ia not,et eueh time,in detauft with reapeot to payment of any indebtsdneae seeured
<br /> �. hereby,or in the peAormanee of nny agreement hereunder.Upon any nuch d�}nutt.Benefiatary may et eny tfine,either m pereon,by
<br /> • agant, or by e reeenrer to be appointed by a court,vMhout not�c�and wAhout �egard to the adequecy of any seeuMy tor the
<br />��� �` tnd�btedneae h�reby seeured.(n)enter upon end tnke poas�asfon of ths Property or any part thereot,and fn Ks own neme aue tor or
<br /> ' otherwlae eollect eueh rente,isaues end profite.Inoiudmg thoae pest du�and unpntd.and appty the enme,tesa costs nnd expensea
<br /> " of opsrnt�on and aoltenbon,�neiudtng reesonable attorneys f�es. upon nny mdsbbdnaea aecured hereby.end m sueh order ae
<br /> -=�=�,,��^.*.�:, B�n�fic�ary may daUrmim;(b)p�rform such nGe oi repatr or probedon tte may be necessnry or proper to cor►aetve the vttlue of the
<br /> =-�'-`?�'�!��"°'" properl�r;(e)lawr.0 Ms enms or any part thereof tor such rentei,tsrm.end upon eueh condRlons ns its Judgment may dlctete or
<br /> ' �''"�""�`~� terminate,or adJuet the terms end condfUone ot exisdng IeASSe•Unieas Trustor and Beneficlnry tF►ereof agree otherwiae�n wrNng,
<br />�,'s�."�°'�""' any eppllotstbn ot rerds,iseues or profits M nny indebtednos�wcund hereby ahdl not extertd or postpone the due dste ot the
<br />_, .,'F''` .''
<br />�;:�..-J�:, .;.=r inMaUment paymarde ae provided fn satd promiasory nota or chenpe the anount of euoh instaitmerdo.Thn eMering upon nrtd
<br /> takingposaessbn of the Properly,the aolle�don of suoh rente,Issuea and profits,and the epplicntbn theroof as aloresnid,sheN not
<br /> � welve or eure any defnuR or�oUCe of detauft hereunder or invctidate nny nct done pureueint to euch notloe.Trustor also assigns to
<br /> r�`..�,'�;: ; Benefieiary,tts turther security for the performance of ths obiigatfona cecured he�eby,dl prepaid rents end aU monfes wh►ch may _—
<br /> - heve been ot may hereaRer be depoaded wdh eafd Trustor by any Iessee ot the Properly,to secura the payment of any rent or ___
<br /> � =�'�=-•y�- -�-
<br />- �� demngea ot upon defnutt tn the performanaa of any ot the provfsione heroot Trustor egreea to deliver such reMS end deposrte to
<br />- - � � � Benefianry.Oelrvery of wrriten notiee of Banoftdary'e exerclse of the righta granted hereln,to any tenant occupying said ptemisea ��'{;;
<br />—������ ehall be sutficfent to require eald tennnt to pay rent to the 8enoficfary undi Nrther�otioe.
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<br />"��as�� � 2. CONDEMNATION.It title to any part of Ne Ptoperty sh�i�ba taken in eondemnntion prooeedinge,by Hght ot emfnent domain
<br /> �:;�., .
<br /> �T.�� or simitar adion,or shnll be Bold under threet of oondemnatton,dl nwerde,damages and proaeeds ate hereby assigned end ehNt be
<br /> . � � peid to genofictary who shnll appty such uwtuds,damngos ond proceede to the sum secured by thta Deed ot Trust,with the excess,
<br /> .���. B eny.Petd to Twator.If Trustor recetvee any notice or other intormatlon reguding auch actiona or proceedinge.Trustor ehnli give
<br />- �`,tj`;',' prompt wrilten nouae thereof to Boneficituy.8enetic�ary ehall be er�itied.at ite option.to eommence,nppeet in and prosecuce in its �
<br /> �• : own name ony auch adion or proceedings and eha0 be erniNed to meke eny compromise or sett�ament In aonnecUon with nny such �.
<br /> �. .� ,� acNOn or ptoeeedmga. �� ----
<br /> � S. FUTURE AOVANCE3.Upon request of Trustor.Berteixiary et Benefictary's option,prbr to reconveyttnce of the Property to �'`
<br /> - Trustor,may make tuture advences to Trustor.Such tuture e�dvanoes,with lnterest th6roon,shn�l be eecuted by this Ttust Oeed �-:_
<br /> � • whee evldeneed by promissory notes atating thnt snld notes are seeured hereby,proHded that at no rime shnil the seeured pnncipat, �'=:
<br /> , F:;=..
<br /> � fuhire advnnees,not irtdu0mg sums advanced to protect the seeurity,exeeed Two Hundred percent(20096)o}the ongmal pnncipal ��°=—
<br /> ' .� amounta seeured hereb� � �'-
<br /> •���Y�::�
<br /> 4. REMEDIES NOT EXCLU311/E. Trustee and Beneficiary, nnd eaeh of them, shnll be enMied to enforca payment snd ''�'?�#�_,_
<br />- ==- ---- --= ewrtormaneo ot nny indebtedness or obtigarians seeured hereby and to exercise aN dghts end powere under thia Deed of Tn+st or �:�::='
<br /> '"O==T-.
<br /> , �� under nny othet agreemeM axecuted in connedion herewith or any Iaws now or nereai�er m iarce,noiwimsianding soma or an vi ind - Y_
<br /> � such Indebtedness end obtigatans secured h�reby muy nov�ar here�ter be otherwise securod,whether by mortgage,deed of truet ���
<br />� •� �' pledge,Iren,escignmont or otherwtse.NeRher the aoceptance of th�s Deed ct Ttust nor ite entorcement whether by eoutt action or ;; .�
<br /> . ..�.:� •',,.'�..L�'�.,
<br /> pursunnt to the power of sate or other powere heroin contained,ehall preJudiee or in any manner aHect Trustee'o or 8enet�ery's
<br /> = rgM to tealize upon or entorce any neher eecurily now or hoteafter heid by Trustee or Benafldary,n being ngreed that Trus'.Qe end d '�
<br /> � 8enetscfary,and ench of them, shall be entdlod to e�arce thfs DBed of Truat anE any other securiry now or horga'.4a-no:d by ,;I• .+ ��:�
<br /> 8onehdary or Truetoe fn such order and mannar as they or either of them mt�y in thert absotute diaetetior.detarmme.iVa rsr+edy �r,�l'`�h:�'; .
<br /> - herein contatred u n or reserved to Truatee or BeneRdary la fntended to be exdusNe oi any at�er remedy h�ren m-by Iaw �'i,�t�:�i;����.�
<br /> � P� :`.ft: ����-
<br /> , . provtdod or pennilted. but ead�sha��be cumu�aUve and ehNl be in adddion to every other remedy piven herau.n�or or now or „•., t ,.,;.,:�
<br /> : hereafter exlating at Iaw or in equity or by sfawte. Hvery power or remady provided hereunder th�a�aed of Trust to Trusteo or � .
<br /> � . ° Bene6wary or to whfeh eqher of them may be otherwise entilled,may ba exereised,eoncurrently o•mdepandently,irom rime to Nmo �•��;'`, .,
<br /> _- end as ulten as mey be deemed eocpedient by Ttustee or Benefidary artd either of them may pursue fnconsistent remedies.Nothmg ,�;:;�,��i:;c
<br /> - herem ehall be eonshued as prohibiting Beneflciary trom seeking a dehaency�udgment agamst the Trustor to the oxtent eueh aetion ';`fj;i
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<br /> Y� J �. _._'_--"'_
<br /> W7328.03
<br /> 60t671 NoDreake '
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