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<br /> incur such insurance and renewals thereof or memo copies of such policies and renewals thereof.
<br /> Failure to furnish such insurance by Trustor, or renewals as required hereunder shall, at the option
<br /> of the Beneficiary, constitute a default.
<br /> 5. Taxes, Assessments and Charges: Trustor shall pay all taxes, assessments and
<br /> other charges, including, without limitation, leasehold payments or ground rents, if any, before
<br /> delinquency,without notice of demand, and shall provide Beneficiary with evidence of the payment
<br /> of the same. Trustor shall pay all taxes and assessments which may be levied upon Beneficiary's
<br /> interest herein or upon this Deed of Trust or the debt secured hereby,without regard to any law that
<br /> may be enacted imposing payment of the whole or any part thereof upon the Beneficiary.
<br /> 6. Additional Liens and Protection of Beneficiary's Security: Trustor shall make all
<br /> payments of interest and principal and payments of any other charges, fees and expenses
<br /> contracted to be paid to any existing lien holders or prior Beneficiary under any prior deed of trust or
<br /> mortgage before the date they are delinquent and promptly pay and discharge the security granted
<br /> herein. If Trustor fails to make any such payment or fails to perform any of the covenants and
<br /> agreements contained in this Deed of Trust,or in any prior mortgage or deed of trust,or if any action
<br /> of proceeding is commenced which materially affects Beneficiary's interest in the Property,including,
<br /> but not limited to, eminent domain proceedings, or proceedings involving a decedent, or if Trustor
<br /> fails to pay Trustor's debts generally as they become due, the Beneficiary, at Beneficiary's option
<br /> and without notice to or demand upon Trustor and without releasing Trustor from any obligation
<br /> hereunder, may make such appearances, disburse such sums, and take such action as is
<br /> necessary to protect Beneficiary's interest, including but not limited to,disbursement of reasonable
<br /> attorney's fees, payment,purchase,contest or compromise of any encumbrance,charge or lien,and
<br /> entry upon the Property to make repairs. In the event that Trustor shall fail to procure insurance or to
<br /> pay taxes, assessments, or any other charges or to make any payments to any existing prior lien
<br /> holders or Beneficiary, Beneficiary may procure such insurance and make such payment. Any
<br /> amount disbursed by Beneficiary pursuant to this Paragraph A.6 shall become additional
<br /> indebtedness of Trustor secured by this Deed of Trust.Such amounts shall be payable upon notice
<br /> from Beneficiary to Trustor requesting payment thereof, and shall bear interest from the date of
<br /> disbursement at the rate payable from time to time on outstanding principal under the Note unless
<br /> payment of interest at such rate would be contrary to applicable law, in which event such amounts
<br /> shall bear interest at the highest rate permissible under applicable laws. Nothing contained in this
<br /> Paragraph A.6 shall require Beneficiary to incur any expense or take any action hereunder.
<br /> B. IT IS MUTUALLY AGREED THAT:
<br /> 1. Assignment of Rents: Beneficiary shall have the right,power and authority during the
<br /> continuance of this Deed of Trust to collect the rents, issues and profits of the Property and of any
<br /> personal property located thereon with or without taking possession of the property affected hereby,
<br /> and Trustor hereby absolutely and unconditionally assigns all such rents, issues and profits to the
<br /> Beneficiary. Beneficiary,however, hereby consents to the Trustor's collection and retention of such
<br /> rents, issues and profits as they accrue and become payable so long as Trustor is not,at such time,
<br /> in default with respect to payment of any indebtedness secured hereby,or in the performance of any
<br /> agreement hereunder. Upon any such default, Beneficiary may at any time, either in person, by
<br /> agent,or by a receiver to be appointed by a court,without notice and without regard to the adequacy
<br /> of any security for the indebtedness hereby secured, (a) enter upon and take possession of the
<br /> Property or any part thereof,and in its own name due for or otherwise collect such rents,issues and
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