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4xapptieni of the Trustor all'of which are hereby sly w th <br />wired aedivnveyed to e Trustee. .in the want 4 <br />of a sale as heninabove pnwfftd. the Trustor or am Palm in possession under the Trustor, ;shall then <br />- <br />- — - ,— - iodeaes aard -t KS t�tdifi�8�v r amid " "shs�Tifor iitTi�Mver oasessfOWN -11 Ourelhsds # ouch - late+ or be ; <br />summarily III lipaaeeeed. in 'Jc Or&fics with the provisions of iaw applicable to tenants holding over. The <br />: <br />-NNW 'end— 14X_h V§Y 1WtV a!_ca_ spud with an interest and an. irrevocable by_dath W 9ftrwtipp. and -- -� -- <br />` -- -- '• . <br />orb premed as "Istive <to'a t other rim as for th. cillkiron of Mid indebtedness. The Benafteiary or — � -- -- <br />-- <br />Asslow may We spy athsr`appropriate action pursuant to state or, Federal statute either in state or Federal <br />1 court or otherwise for the disposition of the property.. <br />7. <br />' S. ` lit' the 4v* of a sale " as provided jn;-paragraph 4. the Trustee steell be paid a few Oy tar <br />` ..Meaficiary in an amount -not in skmo, of percent 4 the moss amount of • sold sale or sales. <br />provided. hwrewr. that the amount of such fee shalt be reasonable and shell be approved by the Beneficiary <br />as to rsasaiseblenas. Said fee shell be in addition to the .costs and expenses incurred by the Trustee in <br />conducting such pie. The amount of such costs and expenses shall be deducted and paid from the sale's <br />r _ proeuga. It is further -a9ngd that If saia- propert�r afiall. bo advertised for sal as herel"rarided and -rent <br />sold, the Trustee 'shall be entitled to a reasonabl'fee. in an amount acceptable to the Beneficiary for the <br />i,. ssrvl4es �rindered. .• The 'Truro shell also be reimbursed by the Beneficiary for•sll costs and expenses <br />z incurred in cone ctian with the advertising of said property for sal if the sale'la not consummated. <br />6. The proceeds of any sale of said property in accordance with paragraph 4 shall be applied first to <br />' payments of fins. costs, and expenses of said sate, the expenses incurred by the Beneficiary for the purpose <br />of protecting or maintaining said property and reasonable attorneys' fees; secondly. to payment of the <br />indebtedness secured hereby; and thirdly. to pay any surplus or excess to the person or persons legally <br />entitled thereto. - <br />t. In the event said property •Is sold pursuant to the authorization contained in this Intrume!t or at ' <br />a Judicial foreclosure sale and the- proceeds are not sufficient to pay the total indebtedness secured by this <br />instrument and evidenced by said promissory note. the Beneficiary will be entitled to a deficiency Judgment <br />for the amount of the deficiency without regard to appraisement. the Trustor having waived and assigned all <br />r rights of sppraisement to the Trustee. <br />S. The Trustor covenants and agrees as follows: <br />,a. He will promptly pay the indebtedness evidenced by said promissory note at the timns and in the <br />manner therein provided. <br />— <br />b. He will pay all taxes. assessments. water rates. and other governmental or municipal charges, <br />fines or impositions. for which provision has not been made hereinbefore, and will promptly deliver <br />the officistreceipts therefor to the Beneficiary. <br />{ <br />e. He iotll pay such expenses and fees as may be incurred in the protection and maintenance of said <br />property. including the fees of any attorney employed by the Beneficiary for the collection of any <br />or all of the indebtedness hereby secured, of such expenses and fees as may be incurred in any <br />foreclosure axle by the Trustee, or court proceedings or to any other litigation or proceeding <br />_ affecting said property. and attorney's fees reasonable incurred in any other way. <br />i d. The rights created by this conveyance shall remain in full force and effect during any <br />postponement or extension of the time of the payment of the indebtedness evidenced by said note or <br />any part thereof secured hereby. <br />e. He will continuously maintain hazard insurance of such type or types and in such amounts as the <br />Beneficiary WAY from time to time require, on the improvements now or hereafter on sold property. <br />and will pay promptly when due any premiums therefor. All insurance shall be carried in companies <br />acceptable to Beneficiary and the policies and renewals thereof shall be held by Beneficiary and <br />have attached thereto loss payable clauses in favor of and in form acceptable to the Beneficiary: <br />In the avant of toss. Trustor will give immediate notice in writing to Beneficiary and Beneficiary <br />may make proof of toss if not made promptly by Trustor. and each insurance company, concerned is <br />hereby authorized and directed to nuke payment for such loss directly to Beneficiary instead of to <br />Trustor aid Beneficiary jointly, and the insurance proceeds. or any part thereof. may be applied by <br />7 <br />4t <br />r- <br />�v <br />