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1. Payment of Indebtedness. To pay wham due, the principal of, and the interest
<br />on, the indebtedness evidenced by the note, cha:gea, fees and all other sums as pro-
<br />vided in the loan instruments.
<br />2. Title. Trustor is the owner of the p.�:operty and has the right and authority
<br />to execute this Deed of Trust in respect to the property.
<br />3. Taxes and Assessments. To pay, when. due, all taxes, special assessments
<br />and all other charges against the property, before the same become delinquent, and,, `
<br />in the event Beneficiary .:st;a.11 so requires, . ta,.- add to the'. - payments required undax
<br />thenot�e{� sectzrad�hereby, _sue F, w; v�r�ttw:s�; MV .Lb*: j'.swr splfin =., �[u: enable Beneficiary 'to
<br />1'^4R1r s L'�Z �.: !�� 3v��W r. IG ' � rr J e"iar i 1 h-{`+f."Y�. as !..Ilev'f —acZ.1 e.
<br />4. Instrra� rya ` .. To k the improvements now. or hereafter located on the real
<br />estate described herein insured against damage by fire and such other hazards as
<br />Beneficiary may require, in amounts and companies acceptable to Beneficiary, and
<br />with loss payable to Beneficiary. In case of loss under such policies, Beneficiary
<br />is authorized to adjust, collect and comprarrii -se, in its discretion, all claims there-
<br />under and, at its sole option, is authorizer; to either apply the proceeds to the
<br />restoration of the property or upon the secured hareby, but paymentn
<br />required by the note shall continue until the sumrs secuxed hereby are paid in full.
<br />- t). kopair, Maintenancr. and Use. To i^caml�rLy rr�pair, restore or rebuild any
<br />bu .,lU.ingo or- improvements now or hereafter cn the property; to keep the property
<br />in good condition and repair, without waste and, free from mechanics or other liens
<br />not expressly sutordinated to the lien hazei3f; to. not make, suffer or permit any
<br />nuisance to exist nor to diminish or impiair the value of the property by any act
<br />or omission to act; and to comply with all requirements of law with respect to the
<br />property.
<br />B. Condemnation. In the event the property, or any part thereof, shall be
<br />taken by eminent do-.aln, Beneficiary is entitled to collect and receive all compensa-
<br />tion which may be ,paid for any property takgn or for damages to property not taken,
<br />and Beneficiary shad apply such c-n aaensation, at its option, either to a reduction
<br />of the indebtedness secured hereby or to re�oalr and astare the property so taken.
<br />7. ierformance by Beneficiary. Beneficiary may, but s'-isll have no obligation
<br />to, do any act Trustor has sr,y Ped but failed' to do, and Beneficiary may also
<br />do any act it des, .s necessary tc •�tect the liem haLreof. Trustor. agrees to repay,
<br />upon demand, any sLr s se. •.akoent3b by Beneficiary f;. r the above purposes, and any
<br />sum so expended by shall be added to the indebtedness secured hereby
<br />and become securef lien hereof. Beneficiary shall not incur any personal
<br />liability because cM. anyt':ing it may do or omit to dry [nerewnder.
<br />B. Assignment of Re-t_. &Y-•aficiary shall h,aoa. the right, power and authority
<br />during the continuance of pis Gs_ of Trust to collect the rents, issues and profit:
<br />rf the property s--�d of a-;r �_r:cs•a.. property locate) thereon with or Without taking
<br />;,ossession of GMs property s °' *_ t5j hareby, and Trusttir hereby absolutely and uncondi-
<br />tionally assigns all sun rents, issues and prof.,°s to Beneficiary. Beneficiary,
<br />however, hereby consents to Trustor's collection and retwit.san of su:h rents, issues
<br />and profits as they accrue and become payable, so long as Trustor is riot, at such
<br />time, in default with respect to payment of any iriddtitedne;s secured hereby, or in
<br />the performance of any agreement hereunder. If' any ev; eirit of default described here-
<br />after in respect to this Deed of Trust shall have occurred and (tie continuing, Benefi-
<br />ciary, as a matter of right and without notice to Trustor or anyone clalujing under
<br />Trustor, and without regard to the value of 'Who trust estatL or the interest of the
<br />Trustor therein, shall have the right to apply to any court having to
<br />appoint a receiver of the property.
<br />9. Transfer of Property. If all or any part of the property ar any interest
<br />of Trustor therein is sold, transferred or further encumbered without the express
<br />or written consent of Beneficiary, Beneficiary may, at its sole option, declare;' all
<br />sums secured by ? • 44s Gr_C•d of tr• '. to tc and paya.Ac and proceed
<br />to the as a.a_12J t: _ J :nri :`-S da'a.uh .;ontained h -arein.
<br />-- 1B. Evanas .fr.�fw, _L +gin or. t[l:_ . _ , �.
<br />.F �:�� ;;,.. _„t:rst� shams_ u•L• d��w+ ~cd ar. event
<br />of default hereur.'�,,..
<br />(a) TEusto,r shall have failed to make payrierit of any _ri-
<br />stallment of interest, principal or principal ar rJ lntt� rest car
<br />any oti-,ur sums secured hereby when duo;
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