Laserfiche WebLink
l <br />.89-M" 102,090.-, <br />S. Uxes, Asssstuneals, soli Qreiges. Truster shall pay all taxes, assessments and other charges, including, without limitation, fines and im- <br />positions attribuloble to the Property, and leasehold payments or grourM rents, if any, before the some become delinquent. Trustor shall promp- <br />tly furnist to Beneficiary all notices of amounts due under this paragraph, and in the event Trustor shall make payment directly, Trustor shall <br />j— promptly furnish to Beneficiary receipts evidencing such payments. Trustor shall pay all taxes and assessments which may be levied upon <br />j Beneficiary's interest herein or upon ibis Deed of Trust without regard to any law that may be enacted imposing payment of the whole or any <br />part thereof upon the Beneficiary, <br />6. Afl�ltferNl Lieta and lrrepstial of taR'e Security. Tr,.ltitor shall make all poyr,�� of interest and prtifti�i>,payments of any <br />.]V,* fees and etrpenses controci �4�:iib 'o i :otty existing (ienholders or pcfca� nlsin;iarias urvfe� any iiric+� v�'Gci+s4.armor: <br />_chages, <br />yg .frefore the dote they tt ,sieFinquent andpiaaaatilu `1 and discharge any �d 0�. c?� At_a, _tfaims or #s frTt:t}, rc . papaz� to the <br />srriri7 get►Md l(artin� { .wr?rstor toils to make any'sdCtir.poytriettt sir faits tot \,eci airy of the covert¢tt agxeen?cr-ts conioinedr' in this <br />'s <br />:'2604 of TrustF, ezirt arsy prior mortgage or deed of trust, of if any. action or prate�m'j is commenced which materially offects Beneficiary in- <br />I m st in the Property, including, but not limited to, eminent,dumain.proceedings, or proceedings involving a decendent, or if Trustor fails to pay <br />72us#or's debts generally as they become due, then Bemeliciury.; at: Beneficiary's Option and without notice to or demand upon Trustor and <br />without releasing Trustor from any obligation hereunder,: may, make such appearances, disburse such sums, and take such action as is necessary <br />to protect Beneficiary's interest including, but not limited ta, ditbursatnont of reasonable attorney's fees, payment, purchase, contest or cote• <br />promise of any encumbrance, charge or lien, and entry upon lite Property to make repairs. In the event that Trustor shall fail to procure in- <br />surance or to pay taxes, assessments, or any other charges or to make any payments to existing prior lien holders or beneficiaries, Beneficiary <br />tray procure such insurance and make such payment. Any amounts disbursed by Beneficiary pursuant to this Paragraph 6 shall become additional <br />indebtedness of Trustor secured by this Deed of Trust. suclt amount-. shall be payable upon notice from Beneficiary to Trustor requesting pay- <br />ment thereof, and shall bear interest from file dole of dit,bursntnanl of lite role payable front time to time on outstanding principal under the <br />(cote unless payment of interest at such rate would be coa f ory, to applicable law, in which event such amounts shall bear interest at the highest <br />rote permissible under applicable law. Nothing contained;itt,titis Paragraph 6 shall require Beneficiary to incur oily expense or take any action <br />hereunder. <br />7. Assignment of Rents. Beoeficiary,shuU- have.Ilia right; power and authority during the continuance of this Deed of Trust to collect the <br />rents, issues and profits of the Property and-of, any personal properly located thereon with or without taking possession of the property affected <br />hereby, and Trustor hereby absolutely and uncondifionollk,, assigns all such rents, issues and profits to Beneficiary. Beneficiary, however, hereby <br />consents to file Truster's collection and retention oUsuth,renfs. issues and profits as they accrue and become payable so long as Trustor is not, <br />at such time. in default with respect to payment of any indebtedness secured hereby, or in the performance of any agreement hereunder. Upon <br />any such default, Beneficiary may at any time, either imperson; by agent, or by receiver to be appointei 6r �ccurl, without notice and without <br />regard to Vile adequacy of any security for the indebtedness hereby secured, (a) enter upon and tcke pass7issirn of-Ihe Properly or any part <br />thereof, and in its own name sue for or otherwise collect such rents, issues and pra'sts, including those past &9 and unpaid, and apply the same, <br />Tess costs and expenses of operation and collection,: indudhtg reasonable oftorre-_�t+s fees, upon all indebtEeaess secured hereby, and in such <br />order as Beneficiary may determines (b) perform such.acts of - repair or protection (is may be necessary cr roper In conserve the value of the <br />{ .' <br />Property; (c) lease the same or any part tlteroof for soth rentali form, and upon such conditions as its ju jrne may dictate or terminate or ud <br />_ <br />just the terms and conditions of any existing leuso or louses. Unless Trostur and Uenelicim y agree otherwise in writing, (lily application of rents, <br />issues or profits to any indebtedness secured hereby, shall'aol extend or postpone the due dale of ►he ii staiiltnent payments as provided in said <br />promissory note or change the amount of such installments. lite entering upon and taking possessioa oF4 Ih -e Property, the collection of such <br />- <br />rents, issues and prolils, and the application thereof as aforesaid, shall not waive or cure any defou:•t or ratite of default hereunder, or in- <br />volidute atnl act dome pursuant to suchutoltco. Truster also assiges to Beneficiary, (ls further security for the performortce of file nblillotirntc <br />secured hereby, oil prepaid rents and all litanies wititti moy.hove been or may hereafter be deposited with syid Trusoo; by tray lessee of ilia f'ro- <br />irerty, to secure the payment of any rent or domagos,:and upon default in lire pe:,f. �rmance of any of tl -je !✓ ovisions hereof, Trustor agrees to <br />deliver such rents and deposits to Beneficiary. Dellbory of written notice of Bener,ruary's exercise of the rt? ;ts granted herein, to oily fertont oc- <br />cupying said premises shall be suf ficienti to require saidlenonf. to pay said rent to the Beneficiary until further notice. <br />8. Condemnation. N title to any part of file Property. shall be taken in condemnation proceedings, by right of eminent domain or similar action, <br />or shall be sold under threat of condemnation, alllawardi, dunnages and proceeds are hereby assigned and shall be paid to Beneficiary who shah <br />apply such awards, damogexand proceeds to the sunusecured by this Deed of Trust, with the excess, if as , paid to lfustor. If Trustor receives <br />any notice or other information regarding such actions or proceedings. Trustor shall give prompt wimen notice thereof to beneficiary. <br />Beneficiary shall be entitled, at its option, to commence, appear in and prosecule in its own nonce any such action or proceedings and shall be ell- <br />:; . <br />titled to make any compromise or settlement in contlection -wills any such action or proceedings. <br />9. Remedies Not Exclusive. Beneficiary sholllbe entitled to enforce payment cid perfoumnce of arnt indebtednoss or obligations secured <br />hereby and to exercise all riylfls and powars under, Hilt Bead of, bust or under oily other agreenrenl exaraed in connection herewith of (lily (nws <br />now or hereafter in force, notwitltslundhng some or allio6Ilia such indobfodnoss and obligatict•;s secured hereby ntay now or hereafter be other - <br />wise secured, whether by mortgage, deed of trust, piedge,11trn,.assignment or otherwise. 14aither file acceptance of this Dead of Trust nor its <br />enforcement whether by court action or pursuant to the puwar of sale fn• other power s herein contuined, shall prejudice or in oily manner of fect <br />Beneficiary's right to teolite upon or enforce oily other security now or Inaeuftel held by 11elloliciary, it being ogtrell thuf Ilenelidaty shall be <br />entitled to enforce this Deed of Trust and ally other security now or hereafter held by Beneficiary in such order antl manner as it nary ill its ab- <br />solute discretion determine. No remedy herein conferred upon or reserved to Boneficiury is intended to be exclusive of oily other remedy herein <br />or by tow provided or perrnilled, but each Shoff be cumulative and shall be ht addition to every other renfetly given hereunder or now or herecff ter <br />existing of law or in equity or by stutute. Every power or rentedy provided Iterauudar this Deed of trust to Bonoliciary or to which it nuty he <br />otherwise entitled, may be exercised, concurrently or independently, from time 10 time and as often as may be deemed expedient Beneficiary <br />and it may pursue irconsistanl remedies. Nothing herein shall be construed as prohibiting Beneficiary from seeking o deficiency judgment against <br />the Trustor to the extent such action is permitted by law. <br />10. Tforisfcr of rMF;rIyj if all or oily part of Cite property or ally interest tnzrein is sold, transferred or conveyed by Truslor <br />- - -_ <br />without Benetitiory's p7iw. writte-: t.D%Vnl, exchidlug fill file rrealion of a lien or encuntbrcnme s 'ayrCi:;ate to this Deed of Trust, Ili) ilia creo- <br />ti4K of. a p•,;rt-ase frioner a :airily r: ''A ^yst for hausen�ld•a;,pliuntas, (c) a fronlVer by devise. �1'�::er't or f v c,�erotiot► of lira upon th- death of a <br />aj.xr (d) file grunt of any leasehold interest tr 9111" yours or less not con'�ir. r. an opt"_", la pu.tlaa:e, fieue {iti,: y may. of <br />eettefitiay °s option, declure all Cite sums secured by this Deed of Trust to be immediately dvz and payable, or cause the Trustee to file o nalit(' <br />of defouil. Beneficiary shall have waived such option to accelerate if, prior to the sale, transfer or conveyance, Beneficiury and the person to <br />whom fire property is to be sold or transferred reach agreement in w6fing Ilinl lite rt udil of sun h person is satisfactory le Uenelicier y and Ihol <br />the Inleiest payable on file sums secured by this Deed of trust shall be (it surt1 # ate, n , Banef icier y shall I equest. <br />L�� <br />v <br />• y <br />�r <br />