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<br /> 'y�v`��. geneficiary may expend euch funde and take auch action ae ie neae�s' � o
<br /> �y remeely such failure a:�d all eume paid by the Beneficiary purouant hexeto wiCh =_
<br /> �'� iaterest at the rat� h�reirtafter provided ahall conatitute a lien upon the _
<br /> ;� Property, eh�ll be Fsecured by this Deed of Trust, and sh311 be immediately d,-
<br /> �� due and repayable to t�e Beneficiaryt th) not to aell the Praperty or any _
<br /> Y�, por�.ion t�zornoF cvit2aeut the appxoval, of the Heneficiary in writingt and in �
<br /> -- the event of any eale h�xeia prahibited, then the entire indebtednese aecured
<br /> `� by this Deed of Truat elzall, at tlie option of the Bene£iaiary, become due and
<br /> r _ payable; (i) �hat if tha Property or any part or �arcel thereof ehall be
<br /> taken or damaged undeY the power of eminent domain, the award for any
<br /> �• ._���, Property so taken or damaged (inaluding aeverance damages to the remaining
<br /> premisea) shall be paid to the Beneficiary and applied in full or in part at
<br /> ���;�•,, the option of the Banaf iciary in reduction of the indebtedness hereby
<br /> ;''=-=�y� securedj (j) that the Seneficiary ahall have the right to inspect the
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<br /> .,;,�,�; Property at euch reaaonable times as the Beneficiary may desire to determ ne
<br /> .,��;r_• Trustor'a compliance xith the covenants contained in thie Deed of Trust; (k)
<br /> �=?`==`-_`� that the Beneficiaay may release from �he lien hereof any part or parcel of
<br />= � tbe Property without Yequiri.ng a�y coneideration tlzerefor, a.�d (1) that
<br />--��:�� Truator fe lawfully seized of eaid g�em�.seo and Properey in �ee simple, that �_
<br />;;�,- , thE same 8�T2 tree IrOIR a11 '1.iCtt� ettiu eia�.unu~iiwY2CC� °��=r* �° ma� �tharwise be
<br /> apecifically noted herein or waived in wriscing by the Beneficiary� that
<br /> "� Trustor will execute or procure anX fux��her neceesary asaurancee of ta�l� and
<br /> �::_�:�__�
<br /> does hereby warrant generally the title to said Property and will fQrever
<br /> .-==�� defend the same against the c1.aa.ms and demands of a11 persons whomsoever, and
<br /> �:r»:�� that Trustor's separate estate, whether vested, contingent or in expectancy, � � ,
<br />;;;~�.";� ie hereby conveyed and Truator do�9. hereby expressly waive, release all .:
<br /> -_'-�-.a?� righte and benefits of any homestead* �rawer, cuztesy, appraiaement, �xemption
<br />--"�'�"""� and stay lawa of thi a state. It is �gr�ed that the interest provided for in
<br /> -__�i eubsection fg� abcve shall be at t3as: ,�am� xate as apecified in the Nota
<br /> T_sR�� �ecu�ec� he�e�� az trss pr�n�iga2 t�erA�� a�4-c�� default and maturity. :
<br /> s¢� SECONA, In tlze �vent Trustor. �vitheu� the prior written coz��ent of
<br /> --_ Beneficiary, shall sela, tranafer or convey oY contract to aell, t�ant�fer or
<br /> ��•:i�l� convey the Property, or any part thereof or a3ny interest thereia, th�e�enxire
<br /> balance of the indebtedness hereby secured s�hall become and,.b�e immediately
<br /> -+�+��� due and payable at the option of Beneficiaryt provided, however, Beneficiary
<br /> �_;��� may waive such opt3on ta accelerate if, pr3or to such sale, transfer or
<br /> 'S�---- eonveyance ox contracit �herefor, Beneficiary and ttie person to whom the
<br /> ��--� property fe to be sold or transferred reach an agreement in writing that the
<br /> credit of such person is satisfactory to Beneficiary and that the interest
<br /> payable on the sums aecured by this Deed of Trust shall be at such rate as
<br /> Benef iciary sha�1 reqaest.
<br /> THIRD. That ae further aecurity for tlze payment of the Note and the
<br /> iadebtednes$. thereby �videncad and the performance of all of the texme,
<br /> -- covenante ar� conditions hrreof, Trustor agrees that Beneficiary sha11 and
<br /> ;;;;�,�� dvea hereby �ave tlze Yight, power and authority during the continuance of
<br /> thie Deed of Trust to collect the r�nts, issues and profita of the Property
<br /> and of any pereonal property locaeed thereon aith or without taking
<br /> - posseesion of the property affected� thereby; and Trustor hereby absolutely
<br /> and uncondit�onally assigne all such rente, iesues aad profits to Beneficia-
<br /> ry. Beneficiarlr,,�. �however, hereby consente to Trustor's collection and
<br /> retention of such r�nts, issues and profits as they accrue and become payable
<br /> - = so long as T�rugtor 3s not at such time in default with respect to payment of
<br /> _ -�— any indebt��ieas secured hereby or in the performance of any agreement
<br /> - ^ hereunder. '��1pon any auch default, Beneficiary may at any time, either in
<br /> =�^fi;�l"`"� � person, b y �agent, os by receiver to be appointed by a court, without nbtiCe
<br /> -�`���'�� � and without regard to the� adequa+ay o f any aecur i t�,r f o r t h e i n d e b t e d n e s s
<br />�'���:' ' hereby secured t a) :�nt er upon and t�k� posses sion of t��e Property or any part _
<br />-"-�'�=� thereof and iA its o�n name sue for r�r othe�wise col�:�ct such rent�, issues
<br /> ,�+�j��p and rofita, includia those ast due and ss�paid, and appiy the eame, less
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<br /> �'''"'�'�°�� costa and expense� of pperation and ca�iection, including reasonabl�
<br />:�:''��<< attarney's Eees, upoa any indebtedness secured hereby and in such order as�
<br /> ne..sFS,..cfl,,..� „��., Act-arrninee {}z) lease the same or any part thereof for such
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<br /> -`r.-=-=v�'-�' rental, term and upon auch .conditions as Seneficiary's judgment may diczaze
<br />--=•"`� �:: or terininate or ad just the terms and condi tions of any exist ing lease or _
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<br />-: _:;�;��-�_��-� leases. Unless Trustor and Beneticiary agree othervoise in writing, any
<br />:_ h��`-�.� -=-�� application of rente, issues or profita to any indebteclness secured hereby
<br />_��„��` ' shall not extend or postpone the due date of the instailment payments aa
<br />_` �,'"_��,' ��e provided in the Noteor change the amount of auch installments. The en�tering
<br /> �f�� �:-�sF>�; upon and taking poseeosion of the Property, the collection of such renta,
<br /> j.,�'"� � '= � iaeues and profita, and the appliaation thereof as aforesaid, ehall not cvaive
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