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<br /> . IT IS MUTUALLY AQREEO THAT: 90�,��B 4 8
<br /> !_1�1CATlf_�Al�Trt�t�t��ahall dafend this Trust in anvaction or Qroceeding purQorting to BfieCt r�uCh property,wheth�r or not
<br /> � it af(ects the aacurity hsr�ot,or purporting to effeci tha Nghts o� powers of Beneflciary of T►ustee,a�d ahall ifie e�nd
<br /> ptoascuts eii neceaseiry ciaima and actiona to prevent or recover tor any tlamage to or destructlon of�uch p�operty,and
<br /> �ither Trustee o�8e�sficia�ry is he�eby authorfxed,wlthautoblipatiun so to do,to commence,appear in or deiend eny such
<br /> action,wh�the�brou�ht by or a�ai�stTrustor.8eneticiary o�Trustee or with o�without suit,to exercise o�enfo�cs any othe�
<br /> �1Qht,�emedy o�powe�avnlleble or confer�ed hereunder,whether o�not jud�ment bs ente�ed i�eny ectipn o�p�oceedin�;
<br /> and Truetor ar HeneNciary may appear or intervene in any action or p�oceedinp,and retal�counael the►ein;and take suoh
<br /> action the�ein,as either may be advised end may settie�comp�omise or pay the same or any other claims and.in that behAlf
<br /> and tor any of said purpassa,may expe�d and advance such sums of money as either may deam necessary.Whethe�o�not
<br /> Trustor sa appears or debnd�.Trusto�on damand shall psy all costs and expenees of 8enetici�ry and T�ustee.inciudin�
<br /> coat oi svidence oi tltle end attomsy'a tees in a rea�onabb sum,i�any such acilon or p�oceedin�in which Beneticiary or
<br /> T�ustee may appea�by viMue of bsing made a party detendant or otherwise and irrespective of whether the inte�est of
<br /> BeneHclary o�T�ustee 1n such propetty is directiy questioned by such acti�n,including but not Umited to,any action fo�the
<br /> fnreclo�u�e ot, or sale proceedinps u�der, any seco�dary lien on such property, condemnation or partition of such
<br /> p�operty.and any suit brought by Beneficiary to fo�eclose this Deed oi Trvs�
<br /> CONDEMNATION:All aums due,paid or payable to Truator,or any successor in interest of T�ustO�,whether by way of
<br /> �ud�msnt�asttlement or othervrise.(A)tor injury or damage to such property.o�(b)in connection wlth any condem�ation
<br /> ' tor pubiic usa or injury to such properry or any�art thereof,ar(c)in co�nection with the transaction tinanced by the loan
<br /> secured hereby or(d)aNsing Qut of all causes of actiora,whether accruing beto►e or after the date ot tAis Deed of Tru�t.
<br /> sounding in tort or contract,inc9uding causes oi action tor traud or conceaErtient oi a materlal fact togelher with the
<br /> settlements�prxeeds,awards�nd demages.di�ecta�d consequential,ln connection thetawlth are hereby absolutely and
<br /> irrevocably aaaigned and ahall be paid to Beneticlary.Beneficiary shall be entitled,at its option.to cpmme�ce,lntervene i�.
<br /> appear In and prosecute ln ita own name. any actian or proceeding,or to s�aka any compromise or settlement, ln
<br /> connection with any such takir.g o�damage.T�usto�agrees to execute suct�turther assignments ot any compensatlon,
<br /> award,damayes,rights of actioce and proce�eds as 8eneficiary may require.
<br /> All amounts received by Beneticiary pursuantto this�eed of Trust under any fi�e or other insu��nce policy,in connection
<br /> with any condemnation fo�public use of or inJury to such property,for injury or damage to such herebyareto be applied at
<br /> the option of 8eneticiary upon an�r indebtedness secured hereby.Theapplication,use or�elease of such amountahall not
<br /> cure or waive any defauit or not�ce of deiaul!hereunder or i�validate Any act done pursuant to such notice.
<br /> � CONSENT.PARTIAL RECONVEYANCE.ETC.:Trustee maY,at anv time,or trom time to time,without liability therefore. � _.
<br /> . artd withaut rtotice. upan w�iKaes requa�t ot Boneticiary,and w+thout r�ttecting the po�sons! liab!lity o!any person fa� �
<br /> payment�af the indsbtedness secured hereby,or the Ilen of this Deed of Trust upon the remainder of such property for the
<br /> full emount of the indsbtedness then or thereafter,secu red hereby,or the rights or powers olthe Beneficiary or the 7ruatee � :
<br /> with respect to the remainder of such property,(a)reconvey any part of such properry.(b)consent to the making of any
<br /> map or ptat thereof.(c)join in g�anting any easement thereon,or(d�join in any extension agreement or any agreement -
<br /> subordinatin�the lien o�charge heteof. . -
<br /> FULL RECOtdVEYANCE:That upon written request of Beneficiary steting that ail sums secured hereby have been paid �
<br /> and all obligations seCUred hereby have been satisfactorily pertormed, Trustee shall recvnvey. withaut werranty, the �
<br /> p�operty then held he�eunder.The recitals in such reconveya�ce of any matte►s of fact shall be conclusive proot ot the
<br /> truthfulness thereof.The grantee :n such�econveyance may be designatet!as "the pefson or persons legally entitled
<br /> thereto". Such �equests and �econveyance shall operate as a reassignment e1 the rents, income, issues and profits !
<br /> hereinbefore assigned to the Beneficlary.
<br /> RIGHT TO COLLECT AND RECEIVE FiENTS ANU PROFITS:Notwithstanding any othe�provisivns hereol,Beneficiary �„
<br /> hereby grants pe�mission to Trustor to collect and retain the rents,incame. �ssues and profits oQ su�h p�operry as they
<br /> become due and payable.but reserves the�ight to revoke such permission at any time,wiih or without cause,by notice�n �'
<br /> writing to T�ustor, maifed to Trustor at his last known address. In any event, such permission to Trustor shall be
<br /> . autamat�cally revoked upan detault hereunder by T�ustor.
<br /> FINANCIAL INFORMATION:Trustor will prowde to Beneficiary,within 90 daysof the close of each fiscal year of Trustor,a
<br /> consolideted balanCe sheet and statement of earnings of Trustor and any and all guarantors ot the obf�gat�ons secured
<br /> hereby and will provide and deliver to Benef�ciary such other tinanc�al informatian and�n such manner as BenefiCiary may
<br /> dirsct lra�is�sts ta sime.
<br /> FINANCIAL COVENANT:7�ustar shall comply w�th and shall c2�use any and all guarantors of the obl�gation secured
<br /> hereby to comply with,or be in comptiance with,the following f�nancial cavenants.(This paragraph shall be non-applicable
<br /> if covenants and requirements are not tilled in betow.)
<br /> ` EVENTS OF l�EFAUL7� Any of tho folfow�ng events shall be deerr�sd an eve��t of de�ault nePeunder
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<br /> f a)D�iault shall be mado in the payment of any mstal3 rnent of pr�nC�p�l or interE st or 7n y othc;r surn securctl hereby Y�hen �n
<br /> due,ar
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<br /> 1h) 7r�,stor shou�d breach or ath�rw�se be�� defau�t under,iny t��ri�� c.t�.e��:u�t ,�qreemt_rrv �.c�nd�t �,n ur �irc»iti�on
<br /> r.ont��nN�tie►ein Or �n tony buitding Io�n ,�yrt:em�rit ur �n;iny ulh��r <igr�:e�:�r.r�t tiecuftiz '+ereL,�.ur
<br /> tc� Any re�rc�;er,idti(7t1 !if C(rVE:flilfl� til�lljF: hL'lP�t� �f� any �u�ltl�r.c;IU!►f�,3(�t(^N�l�t'f�l 'J� '•d! J '�f�''•; �I(�t<'t'-���t•! t St•" ;��1•t7
<br /> i,rrEby or r��o�;r ,n t.c,nncit�On h�;r�w�ttti u� a��y �r�t�EUTE'����SS se�u�t•3 ��erv,,� ,h;,���ci h�� �:n�,�� �i �•� , �•�:�1���rj ,
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