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<br /> 4. INSURANCE. Trustor, at its expense, will maintain with insurers epproved by Beneficiary, insurence with respect to the '
<br /> Improwments end personal propeity,constituting the Property,egainst loss by flre,lightning,tornndo,and other perils and hazards
<br /> covered by standerd extended c:overage endoroement, in an amount equal to nt least one hundred percent of the full replacement
<br /> velue thereof and insurance agninst such other hezerds and in such amounts as is customarily carried by owners and operators of
<br /> similar properties or ea Beneficiary mey requiro tor its protection.Trustor wiil comply with such other requirements as Beneficiary may
<br /> from time to time request for the protection by insurence of the interests of the respective parties.All insurance policies maintained
<br /> pursuant to this Deed ot Trust shnfl name Trustor and Beneficiery as insureds,ea their respective interests may eppear,and provide
<br /> thet then shell bo no cancellation or modificetion without no less thnn 15 dnys prior written notification to Trustee and Beneficiary.In
<br /> ths evsnt eny policy hereunder is not renewed on or before 15 days prior to its expiration date,Trustee or Beneficiary may procure
<br /> such insurnnce in accordancs with the provisiona of perngraph A.6 hereof.Trustor shall deliver to Beneflciary the original policies of :
<br /> insurance and renewels thereof or memo copies of auch policies and renewals thereof.Failure to furnish such insurance by Trus4or,
<br /> or renewala as required hereunder shall,at the option of Beneficiary,constitute a default.
<br /> 5. TAXE3, A33E3SMENTS AND CHARGES. Trustor shall pay all taxes, assessments and other charges, including, wdhout
<br /> limitetion, fines and impositions attributeble to the Property, and leasehold payments or ground rents, 'rf any, before the same
<br /> become delinquent Trustor shall promptly iurnish to Beneficiary all notices of nmounts due under this paregraph, and in the event
<br /> Truator shnll meke payment directly,Trustor shall prompty turnish to Beneficiary receipts evidencing such payments. Trustor shall
<br /> pay all taxes end assessments which mey be levied upon Beneficiary's interest herein or upon this Deed of Trust without regard to
<br /> eny lew thet may be enacted imposing payment of the whole or any part thereof upon the Beneficiary.
<br /> 6. ADDITIONAL LIEN8 AND PROTECTION OF BENEFICIARY'S SECURITY. Trustor shall make all payments of interest and
<br /> principal end payments of any other chergea, fees and expenses contreded to be paid to any existing lien holders or prior
<br /> beneficiariss undar eny prior deed of trust or mortgage before the date they ere delinquent and promptly pay and discharge any end
<br /> all other liens,claims or charges which may jeopardize the security granted herein.If Trustor fails to make eny such payment or tails
<br /> to perform any of ths covenanta and agreements contained in this Deed of Trust,or in any prior mortgage or deed of trust,or ii any
<br /> action or proceeding is commenced which materinly affects Beneficiery's interest in the Property, including, but not limited to,
<br /> ominant domain proceedings,or proceedings invoMng a decedent,or ff Trustor fails to pay Trustor's debts generally as they become :
<br /> due, then Beneflciary, at Beneficiary's option and without notice to or demand upon Trustor and without releasing Trustor from any
<br /> obligation hersunder, mey maks such eppearances, disburse such sums end take such action na is neceasary to protect
<br /> Beneflcinry's int�nst, including, but not limked to, disbursement of reasonable attorney's fees, payment, purohase, contest or
<br /> compromis�of any encumbranc�,charg�or lion,end entry upon the PropeRy to make repairs. In the event thet Trustor shall fail to
<br /> procun insuranc�or to pay tax�s,assasaments,or any other cherges or to make any peyments to any existing prior lien holdera or
<br /> beneflciaries, Beneticiary may procure such inaurance and make such payment.Any amounts disbursed by Beneficiary pursun�t to :
<br /> this Paragrnph A.6 ahnll becoms ndditional indebtedneas of Trustor secured by this Deed of Trust. Such emounts shall be payable
<br /> upon notics irom Beneflcinry to Trustor requesting payment.thereof, end shall beer interest from the date of disbursement nt the
<br /> rats pnynbl�hom tim�to tim�on outstanding principal under the Noto unless peyment of interest st such rate would be coMrary to
<br /> applicetbl� Inw, in which ovent such emounts shnll bear interest at the highest rate permissible under applicable law. Nothing
<br /> contninsd in this Paragreph A.6 sheli requira Beneficiery to incur any expense or teke any ection hereunder.
<br /> B. IT 13 MUTUALLY ACiREED THAT:
<br /> 1. A881GNMENT OF RENT8.Beneficiary shall have the right, power and authority during the continuance of this Deed of Trust
<br /> to collect the rents,iasues and profits of the Property and of any personal property located thereon with or without taking possession
<br /> of the property affected hereby, end Trustor hereby absolutely and unconditionally assigns ell such rents, issues and profits to
<br /> Beneficiary. Beneficiery, however, hereby consents to the Trustor's collection and retention of such rents,issues and profits as they
<br /> accrw and become peyable eo long as Trustor is not,at such time, in defauR with respect to payment of any indebtedness secured
<br /> hereby,or in the performancs of any agreement hereunder.Upon any auch default, Beneficiary may at any time,ekher in person,by :
<br /> egent, or by e receiver to be eppointed by a court, without notice and without regard to the adequacy of any security for the
<br /> indebtednesa hereby secured, (a)�nter upon nnd teke possession of the Property or any part thereof,and in ita own name sue for or
<br /> otherwis�colled such nnts, is�ws and profits, including those past due and unpaid,and apply the seme, less costs and expenses
<br /> of operation and coll�ctfon, including roasone►ble nttorneys fees, upon any indebtedness secured hereby, and in such order ns
<br /> Ben�ficinry may d�t�rmfne; (b)p�rform such ects of repair or protection as may be necessary or proper to consenre the value of the
<br /> Property; (c) I�ass ths same or any part theroof for such rental, term, and upon such conditions as ka judgment may dictate or
<br /> t�rminet�, or edjust th�t�rmt nnd conditfons of exiating leases. Unless Trustor end Beneficiary thereof agree otherwise in writing,
<br /> nny applicetlon of renb, feauss or proflta to any indebtednesa secured hereby shall not extend or postpone the due date oi the
<br /> inatesllment payments ea provlded in said promisaory note or change the amount of such installments.The entering upon and
<br /> tekinq poss�ssion of th�Prop�rty,tho coll�ction of such rents, issues end profits, end the application thereof as aforesaid, shall not
<br /> waiw or cun any d�fnuk or notic�of d�fnuk hor�und�r or invalidate nny act dona pursuant to such notice.Trustor elso assigns to
<br /> B�n�flciery, a�fuRh�r s�curily tor th� p�rformencs of the obligations secured hereby, all prepaid rents and all moniea which may
<br /> hew b��n or may h�nait�r b� deposkad with seid trustor by eny lesseo of the Property, to securo the payment of dny rent or
<br /> demeges, or upon d�feuR in ths pertormence of any ot the provisions hereof, trustor agrees to deliver such rents and deposits to
<br /> Beneficiery. Delivery of written notics of Beneflcinry'a exercise of the rights granted herein, to any tenant occupying said premises
<br /> shell bs sufficisnt to requirs said tenant to pay rent to the Beneficiary until further notice,
<br /> 2. CONDEMNATION.If title to eny part of the Property shall be tnken in condemnation proceedings,by right of eminent domain
<br /> or similar action,or shall be sold under throat of condemnation,all awards,damagea nnd proceeds aro hereby aasigned and shall be
<br /> paid to Beneficiary who shall apply such awerds,damnges and proceeds to the sum secured by this Deed of Trust,with the excess,
<br /> 'rf any, paid to Trustor. If Trustor receives eny notice or other information regarding such actions or proceedings, Trustor shall give
<br /> prompt written notico thereof to Beneficiary. Beneficiary shnll be entitled, at its option,to commence, appear in and prosecute in its
<br /> own nama any such action or proceedings and shall be entdled to make any compromise or settlement in connection with any such
<br /> ection or proceadings.
<br /> 3. FUTURE ADVANCES. Upon request of Trustor, Beneficiary at Beneficiary's option, prior to reconveyance of the Property to
<br /> Truator, may maks futurs advances to Truator. Such future advances, with interest thereon, shall be secured by this Trust Deed
<br /> when evidenced by promisaory notea stating that said notes are secured hereby;provided that at no time shall the secured principal,
<br /> future edvances, not including suma advenced to protect the security, exceed Twa Hundred percent(200%)of the original principal
<br /> amounts s�cured henby.
<br /> 4. REMEDIE3 NOT EXCLUSIVE. Trustee and Beneficiary, and each of them, shall be entRled to enforce payment and
<br /> performnnce of eny indebtednsaa or obligations secured hereby and to exercise all rights end powera under this Deed of Trust or
<br /> under any other ngreement executed in connection herewith or any laws now or hereafter in force,notwithstanding some or nll of the
<br /> such indebtednsss and obligations secured hereby may now or hereafter be otherwise secured,whether by mortgage,deed of trust,
<br /> pledgs, lien, assignment or otherwiss. Neither ths axeptance of this Deed of Truat nor its enforcement whether by court ection or
<br /> pursuent to th� power of sele or other powers harein contained, shall prejudice or in eny manner affect Trustee's or Beneficiary's
<br /> right to rselizs upon or enforce any other security now or hereafter held by Trustee or Beneflciary, it being agreed that Trustee and :
<br /> Bensticiery, and sach oi them, ahall be entkled to enforce this Deed of Trust and any other aecurity now or herenfter held by :
<br /> Beneficiery or Truatee in such order and manner es they or either of them may in their absolute discretion determine. No remedy
<br /> herein conferred upon or reserved to Trustee or Beneficiary is intended to be exclusive of any other remedy herein or by law
<br /> provided or pormittad, but each shall be cumulative and shall be in addRion to every other remedy given hereunder or now or :
<br /> hereafter exiating et lew or in aquity or by statute. Every power or romedy providsd hereunder.this Deed of Trust to Trustee or :
<br /> Beneficiary or to which either of them mey be otherwise entitled,mey be exercised,concurrently or independently,from time to time
<br /> and as often as may be deemed expedient by Truatee or Beneficiary end either of them mey pursue i�consistent remedies.Nothing
<br /> herein shall be construed as prohibiting Beneflciary from seeking a deficiency judgment against the Trustor to the extent such nction :
<br /> is permitted by Inw,
<br /> 007071 N�bnslu 007628.03 �
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