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<br /> ` '' f� by owner's end oper�to�s af simifaar propsrttes and as Bsnef.icfary netry require for tts protectton. Trustor wnU oonrp Y �
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<br /> �; 4;,:, < � ; wIth such other reQuirements as Benef[cias�t may irom time w ttm�request for ths prptectlan by insnrance c!the � �+ j,
<br /> - � '��`�:�� iMerest.af the respedive par�es. Afl lnsurance Poltc[es mairrtained purs�arn to this Deed of Trust sha11 name Trus�or .y, ±,:-.
<br /> _,__.�:.,,t,..,_._->�� .
<br /> :`` :i. end Benetiderl►es irtsured.as their respa c t i ve tnm r e s t may e p p e a r a n d p r o v i d e t h a t t�e re s h a l l bs no castceftacion or ff� :rt�.
<br /> _ ` -� modi�it�tion without tifteen Mb1 days prtar writtert noti#tr.�t�on to T�ee and BenaBdary. IN the evetst any PolitY •
<br /> > �,..
<br /> �'` ��� hereundflr is not renewad on ar 6efore fifteen(16}�ays pdor to its e�irettan date,Trusiee or Beneficiary may procure
<br /> o ��� ,�, sach insurance�n accardance with the provisions of Paragraph 7. Tnistor s�daNv�to�► the ortginaf �s �
<br /> '�`�,�.�';:: policies of insurance and renewats thereof or aoptes ot such palie�es end ienewals therec�f. Fatlure to famish such � l,;_
<br />.v��.<F:.�'PN=••..':': '_'".:_.�.-...
<br /> �:r�:;.-;:.=�:... [nsuranca by Tn�stor.or renewats as reQ!�ed hereunder,shatl,st�e opoon of BaneRciar�..aonsti�tute a defaulL AD J.,�`L
<br /> Y ���:_--�;�.-�.. � , �neamed Premiu�ns are hereby essigned,`�.1�`F�ustee as additional sewriry,and a sate artd�dtt++�aY�►�of the ProDerN
<br /> �,�''.��:�;:.`�: : by the Trustes shall opefat�to cotrvey�i�s.�'ea purchaser the Trustor's irtterost in and to aif'pt�9'ncies..of insurence upan ;`-
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<br /> , `. f �``."�, tiss�Tritsg PtopertY• . �`� � `
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<br /> � '�' E� Taxea e�rtd.�menis, Tru�s#�ail pay all taxes and speciat assessmertrs tavIed cr assessed a�ains�,or
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<br /> �' ',�. :,"., du�a upon.the Property befor,e d�Cnquency and w111 deiivver to Benefidarl►copt�ot�ecetpts ahowin9 P�ertit of sacb �
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<br /> Y�- � t8lt@S ertd sAeC18!e888s.RM8Tlt8. �-
<br /> ";``' �. AdOi$an�Usns. T�r shaSt ma6ce al!paymeMS of intere�c and princfpal,�rtd paymec�s of�1Y oiher char8es,
<br /> . ", _ �
<br /> � s '�: ' iees,and expens��roMracted to be paid.ta any existing asn hotdera or prtor ben�ettciartes uader enY Priot Dead of
<br /> �' %���`� � �-,� Trusi.MaRgage ot othe►securtty egreement,betore thA date they ete delinquent and to pay eny other ctatm which . �;;
<br /> - �eopardizea tho sacu�t{Y 8raated hsrein. . e fati to de eny @at es heaein �
<br /> ��� 7. �����o;����p�a 8oc�ari4fi.. Shouid TNStor tatl ta make any paVm rn. �
<br /> -��" �'°' •� �- provided ot M any eallon w Pr�ding ia commsriad whiaA meLeBatty r�ifeeto 6@aeti�ieryrs Intere8t in the�Praparty. .
<br /> ''�` �� .,
<br />,..., ��_. Y <<;,..�,;„ tno�udin8, but.no tt�ited to,:eminent domefn. lnoolvenay, enangementa or prooeadinga invotving a 6anktupt'�t .,
<br /> • -.w, dQCC�ant,then.geneticiary or Irustee,but without obttgatto�to da so,en�vvithout notica to or de�enA upon Tru�tor. , . � . s��
<br /> ..t.::�': • ::��`;� ertd wtthout tetettsjng Tn,�star t�om any abifgatlon hetei�nQer.maY make or do the seme,and�y peY.Purchese. _ _
<br /> , coqtq�t cr compromTse sndy ertcumbrenee,charge or lien,whteh In tha;udgement ot either appeen to eiffeat•eatd � _
<br /> T"��`�; � PraperM:M ex�rdstng ami such Dowers,the Qeos�ctaN ar Tmstae maY incur e I�ability and expen�4 whatever amournse i __A''
<br /> �` .�.ti..,;�. M -
<br /> � ;.._,�-?-_�:�.; � . Motudtn�dis6ureent�nta of�easo�ahte attwney's tess,whtch in theTe absotute discreRion maY be neGesserll. fn the ,. ___
<br /> �t '�` �� event that Truatot shatl feti to pracure insurance:fail to pail�and spedel essesshients ar fatt to make aryt --
<br /> �,} _�'. paymeatg to extsting or pdor Iten hotders or bsneftqaries,the�Sene�iciery m8S►prcau�suah insuraace artd maice stiCh � ---w-
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<br />_ � ':°��`.`.r.�:��: gT-��� � paymenLa. AQ sctms inaitred or expanded W BeneftcieN ar Trustee in atxon4ance wiUf ttte provisions of the Deed.ot �
<br /> r�'���`� -�' : `" ' Trust ete secured her�Y end,witliaut demand,she11 tis immedietety dua�nd payabie bY Trusoor and shaR bear ihterest .�,�,�.4.
<br /> i `�� � at'tha raqs provtded ior.advances underthe Loan Agre�mer►t;provIded,however,that et the op�on ot the Bene�[ciary �
<br /> � '-':..,�.5��-�` . or Truste0.such sutns maY 6��ded to this pfinctpal batance ot ariy indebtedness secured hereby ar�d shati liear the � � -
<br /> :='':�:= �°-;,;..��`:;:-.`,. sa�te interest as suctr�ndebYedness end shali be paYeble retabty over the�emaining tenn the�eof. � � �-�;:._
<br /> ,..�t.. . -�!l� ��" • , _- - -_
<br /> 8. Asalgnm�t of�tenm.8eneficiary shati have the�ght,Power and authority du�ing tlia coraim�an+�of tMa Oeed
<br /> r�� ,�� ,°��'�',`. ,;�. ` of 4�ust to collect the rento,issues ertd proflts of ffie Property and of�rry�personal Dro�tV t�d thereon widt ot . .
<br /> .-.::�,�;:-� .��;:_�;..>?<�, wi4�out ta�ing possesston of the Pr4De►�y aNected hereby.e�Trustor fiereby a6safuteiy'end uncondWonaUy�ssigns --
<br /> �: ;;;` '�:.. all such rents,tssuea and P����4rteffciary. Beneftdary:howsver,i�ere�.e�nserets to�he Tnistor'�cottecttan 8nd ___----
<br /> 4.
<br /> ,;,_�.: , �'1 retett�on Q4 sucA reMS,issues astd��as they accr�e and bacome�aya�v so tong as Yrustar is aot,at'sucA dms.
<br /> . . .�"`:;;;`�, � t� �¢etauit witi►�resPect to payment+a�;�V indeMedness secured,herebY or iti the R��ance uf any�agteement ,
<br /> �:';,.r.�:•,:�::��..,.�:,,� ;
<br /> ,��, .:. `'�� , � h�,reuntter. Upon anY such defauft,6��fidaN mell�anV time,either in person, a1t.�or by a receiver to 6e
<br /> '���,'.j_.:`..�.,:,;`.'. ; " �:, �iRaiMed ti1►a courE.�nrithout natiea end wkha�ai ce�ard to tha.adequactl of any sea�rity dor tfie indelbtedness h�rebY
<br /> � - sectued: (e�erKer°upon and tatce possession of t�PraPerty or any paR thereof and'itt its uvvi�r�¢ne sue tor ot
<br /> "`'` �..;���.` �? atherwise cottecc such rents..lssues aaia��rofks,irr�ding those past due s�d uRPai�,sn ePP1V d�e same.tess eosts
<br /> .;�-..;..,,;>;,; : . .
<br /> ':::,,�:i . , and�x0enses af eperat�on and e:olteC��;Including reesctnabte�ttotney teeg,upon eny iadebtedreess secuteA hecet�q,: . .
<br /> � ,:` ''�`�� � �and in suoh orde�as Beneficiaryr may d�temiine:(b1 PedoYm sty�h acts of repai�ot ptotection as nt�i bs ne�sss�p�. .
<br /> .i:t���.;�;::,:,�.
<br /> -. .,,r,:i':".,=:,- , p�pper ta aor�erve ttie vatua qf.tho Fropsrty:lcl ta�e�the same at anX pa�t l�ot tor su C h ran�a l t srm and u pacn�surfi
<br /> uon�ttans as f�judgment rrday dtatate. Unfesa Truswr and BaneRdary agre�b.otherwTse in vlrrldng,any aAp�ie�Fon M
<br /> ` ����• � rerte;tssues oi ptotits to any indebtednese seaared hereby�sha(i not extend or pos�ortptAa 4�8 date of the installment —
<br /> -��: .`'r:''t`'��.,' :�� ' ss ovided in the l.aan A�eement,and the apDn�on theretit ss ator�aid shai!not waive or cure a� � . �.
<br /> ..�,r .:•.. P81Rne� Dt -
<br /> ��•;�� .:•.:.�.,..:y-,..
<br /> .. , . . ,�..� e�fauit or�oitcs of�defauit hereunCe�or invaTtdate any ect done-pursueM to auch notic0. Trustcr afso esstgns to � _
<br /> ] 1�1. - 7 _
<br /> °°�`� Ber�aflciary.as further security.for tha pBRormanqa af the obltgettqna see�eted hereby.�11 prepai8 renta and atl moNes
<br /> ����`�';�.'.����`�:� �'� ' �which may ha�►e been or anay hereafter be deposited usrith eatd T�ustor by any tassoe of the PraPertl►.to�e�ure the • �'�:
<br /> r�: -
<br /> �'� ,�; : � ; �;.��, payment.af eny�ern,and u�on defeutt'in the perfoimance oi eny ot the pravislons hereof,Tnistot,e,grees to QeUvec , �,-�_,
<br /> ' � : ,k� : such rents and d�posits to the Beneficiary. DeUvery of�nnitten.notice of Beneftatary'e exerdse of th�rtghts 8ranted
<br /> .f:.��. ... . .': .�.� hereip to etry't8nant occuAV��B �� Dremises shalt�ba su�ttclent to require.setd tenaM to PeY s8td rent to�the --
<br /> t. ., , :
<br /> , ': , Beneficcllery uMi!turther aotla: � !�� ":
<br /> , ..�'::� . p, .Condann�atton. t!d�a to arry paric ot the Properht shatl be teker�•in condemnation�proceedings,0y right a! � �
<br /> r>"'..,:��.;�:''::-�:�:. eminent dcmain�ar eimllat actlon.or shai!be sold under 4hreat of conQemnatlon.ef1 ewards,damsges arid prb�eeds ::::'-
<br /> �" are heteby as$lgned end shall be pat0 to Beneftciary who ahsl!eppty such sward,damages and proteed9.to the euma � ?��
<br /> - . :.�;:..`f. :,�
<br /> � L secured by tho Oeed of Trust,with�the excess.N ony,patd to the Tniatoa . :�
<br /> ..�� �� �=��� �O. fudird Advanaas.'Tho Idoan Agreement pravldea tor�dvance�trqm�me to tim�to T�u�tor by Bensftciartit ;t.
<br /> .�..:��.';�.•;��;,;k;, aa proviQeA therain..tn aQditton,upon�equ�st a!Trustor.Ben e f i�iary,e t B e n e f i c i a ry'�o p t i a n,�Prtor to�econv o y ance. , �
<br /> �.�•�f�.,�... . ,
<br /> - . ..,, �o�_the P�ropeRY�to th.e T�ustor, mt�y make�dditionat tuture advtu�ces ta the Trusta. Such/uture sdvance9, wtth_ :. ..
<br /> v
<br /> .,, :
<br /> '�� "'"• `'�� in4ereat thereon,shatl bo secured by thie Oeed of Trust when evidenced bV p�omissary notea eteting that sa t d�notes ;�..,;;,
<br /> ,..,
<br /> Y ; � '`: are secured'hereby;pravldod that et no time shail the secured principet ana tuture advanc�, not inctudfng eums F ..
<br /> � :;:•'s�:�:.: advanced to protect the security. axceed ane hurtdced Pe«nt �t00°bI ot the orfglriei p�inci�at erriau!�ts secured .
<br /> �. heteby. .
<br /> • - ''�:��. �q. R�modpa�Cumutaaiv8. AII remedtes proviQed!n th4a�eed o!Tcust are distlnat and cumutative to eny other .
<br /> � ..` ���"�; ������ �Hght�or �emeay under tltia Deed o! Truat or eftorQad by taw ur equky, and m�y be ot�cec���t�eMtll.
<br /> �independently or successivety.
<br /> . '� ;�.. . ��, p�te�a�e�:R¢ntaAles:Se1m. A det�Wt Shall exist In the event ot: ;
<br /> �= ��. �A)My treud oi m9srepresentS�tton by the Trustor tn conneation with �e t(ne of credit whtcit 4i'iis ife�d a�s�si ,.
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<br /> ��` securea; -
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