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<br /> � Wp�n Heneficiary�s inter�st herein or upon this Deed of Trust
<br /> hout reqard to any law that may be� enaated impoeing payment of
<br /> the whole ar any part thereaf upon the �eneficiary.
<br /> �. A_����ona? Liens and Pret etion of Beneficiarv�s
<br /> S cu tx. Trustor shall make all payments of intereat and
<br /> ' princigal and payments of any other charqes, fees and expenses
<br /> contracted to be gaid to any exiatinq lienholdera or prior
<br /> beneficiaries under any prior deed of trugt or mortgage before
<br /> the date they are delinquent and pro�ptly pay and discharge any
<br /> , and all other liens, alaims ar charges which may �eopardize the
<br /> � security granted herein. if Trustor fails to a�ak� any sueh
<br /> gayment or fails to perform any of the co�enants and aqreements
<br /> contained in this Deed of Trust, or in any prior mortgage ar deed
<br /> of trust, or if any action or preceeding is commenced which
<br /> �rnaterially affects Beneficiary�s interest in the Property,
<br /> . i.ncludinq, but not limited to, eminent domain proceedings, or
<br /> . proceedings involvinq a dececient, or if Trustor fails to pay
<br /> Trustor�s debts qenerally as they become due, ther� Beneficiary,
<br /> � at Beneficiary's option and withcut notice to or demand upon
<br /> � Trustor and without releasing Trustor from any obliqation
<br /> i hereunder, may make such appearances, disburse such sums, and
<br /> take such act3on as is neceasary to protect Beneficiary•s
<br /> � interes�, including, but not limited to, disbursement of
<br /> reasonable attorney�s fees, payment, purchase, contest or • �
<br /> compromise of any encumbrance, charge or lien, and entry upon the
<br /> � Property to make repair�. In the event that Trustor shall fail
<br /> to procure insurance or to pay taxes, assessments, or any other '
<br /> charqes or to make any payments •to existing prior lienholders or %>i'
<br /> beneficiaries, Benef j�;��r m�y l,�ocu:.a �uc:n insurance and maKe ;�=-
<br /> �uch payment. Any amounts disbursed by Heneficiary pursuant to ` `
<br /> --_ - t;�s Fa�-ayrapii i shali become additional ineebtedness of Trustor -
<br /> . secured by this Deed of Trust. Such amounts shall bQ payable -�_
<br /> upon notice fron� Beneficiary to Trustor requesting payment -
<br /> ; thereof, and shall bear interest from the date of disbursement at '�
<br /> the rate payable from time to time on outstanding principal under
<br /> • the Note unless payment of interest at such rate would be
<br /> ' contrary to applicahl�e law, in which event such amaunts shall
<br /> " bear interest at the highest rate permiss'ible under appl icable
<br /> � law. Nothing contained in this Paragraph 7 shall require
<br /> Beneficiary to incur any expe�se or take any action hereunder.
<br /> 8. Assianment of Rents. Beneficiary shall have the :����
<br /> � right, power and authority during the continuance of this Deed of ����
<br /> '. Trust to collect the rents, issues and profits of the Property �
<br /> ' and of any personal property located thereon with or without
<br /> � taking �ossession of the property affected hereby, and Trustor
<br /> hereby absolutely and unconditionally assigns all such rents,
<br /> issues and profits to Beneficiary. Beneficiary, however, hereby
<br /> consents to the Truster's col�ection and retention of such rents,
<br /> issues and profits as they accrue and become payable so long as
<br /> , Trustvr is not, at such time, in default with respect to payment
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