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89- 1 A27 .93
<br />TO PROTECT THE SECURITY OF THIS TRUST DEED. TRUSTOR HEREBY COVLNANTS AN[3 AC;REES AS FOLLOWS
<br />t PAYMENT OF PRINCIPAL AND INTEREST, Trustor shall promptly pay when due the pnmuipat of and inlerom nn the indebtedness
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<br />evidenced by the Note. and all other charges andleeS as provided in the Nole,and the principal of and interoston any Future Advances sectored
<br />hj 14rS Trust Deed
<br />2 WARRANTY OF TITLE. Trustor+slawfully seized and possessed of good and indoloas+ ble title and estate to the Property her ebyconveyed
<br />and has the right to grant and convey the Properly, the Property is free and clear of all liens and encumbrances except bens now of rec ord. and
<br />Trustor will warrant and defend the title to the Property against all claims and demands
<br />3 MAINTENANCE AND COMPLiANCE WITH LAWS. Trustor shall keep the Property in good repair and condition and shall not commit waste
<br />Or permit impairment or deterioration of the Property and shall comply with the provisions of any lease if this Trust Deed is on a leasehold No
<br />improvement now or hereafter erected upon the Property shall be altered removed or demolished without the prior written consent of Beneficiary
<br />Trustor shall cortptyw:th all laws, ordinances. regulations. covenants. conditions and restrictions affecting the Properly and not commit. suffer or
<br />permit any act to be done in or upon the Properly in violation of any law. ordinance, regulation, covenant, condition or restriction Trustor shall
<br />complete or restore promptly and to good workmanlike manner any improvement on the Property which may be damaged or destroyed and pay,
<br />when due, all claims for labor performed and ratefials furnishta,,$ therefor and for any alterations thereof
<br />4 INSURANCE. Tfustor at its expense. vriil. Maintain wtlh insofar sap +arn.edby Berner ic,ary,insurance with respect tCilhem^pzE)%einenisand
<br />personal propelty, conmiluting the Property, against joss by' 1,:e, lighln+acg.lornado. and ,Wte! perils and hazards c0iti'OM(I by Slan0aold extended
<br />C,Iv laigle indor8emen1, 4) an wnoonl equal i(% at IOQSt one him ed oe!ze,'l ; 10()*,, 1 0! the t; rep. ace monz , a.ue ahesea' and ,itsu ante flgalnst
<br />sw..hol'ne: hazards and in suVl amni %1IS as is cuSlomdrs'� tdrrt0 i lly agne ,s and operators O`S ;-r :.a" properties or as S- enef!ctary tray reT�u'te fi r
<br />dst�rnlectton TruslocwtucitTtp,ywittsu%' tether +eQ>a,- etttents• SBerte.`cra•;. may fror *�t: theJ,,I.• reiequestfortheprnteCIiallbv ins utanceofthe
<br />1nlerestsotthereSpective. patl(es. Al31nsu; ancepalfct4lgnlalntiitn4+ dDrslSUa^ tto this Trust Deed shat !name.T • ustora Serelic :aryasinsured. as
<br />their respeCin. a mlerests mayappciar, and p•ovidc)ihat ne3e, be natrance!!d ;'c,n of modification without al ,east 15 days prior \V,tten notification to
<br />Trustee and Bene" W: 1ary May pro4utesuch insurance inacczrcianen. vat•, V)e:,rowsionsof paragraph 6hereof Tru slot shalt deliver toBeneficiary
<br />the OtlglnalppliCieS 01,nsit "antral anw renewals thereof or me-0 comesol 9uz -. ao!icies and renewals thereof. Failure t0urnish such insurance by
<br />Trustor, or renewals as'e loaf sx ?tereunder shall at the option e! t constitute a default
<br />5 TAXES, ASSESSMENTS AND CHARGES. Trusloy shall pay an taxes assessments and other charges. Including, without limitation, fines
<br />and impositions attributable to the Property and leasehold payments or ground rents. it any. before the same become delinquent. Trustor shall
<br />promptly futniShlobenefictary all notices of amounKdUe under this paragraph, and in the event T rustor shall make payment directly. TrustorShatl
<br />promptly furnish to Beneficiary receipts evtdenC,ng Such payments Tristor Shall pay all lazes and assessments which may be levied upon
<br />Benetic tart' 5 tnioresl herein lit capon this 1 rust hood withnui regard to any law Mai may be onacted impOsinq payment of the whole or any part
<br />thereof upon the bollefic,ary
<br />6 ADDITIONAL LIENS AND PROTECTION OF BENEFICIARY'S SECURITY. Trustor shail make all payments of interest and principal and
<br />payments of any other charges fctos and expenses cortrarted to tie paid to any existing Or subsequent penholder or beneficiary. under any
<br />existing or subsequent mortgage of trust deed bolnre the date they are doangent or in default• and promptly pay and discharge any and all other
<br />hen9. Cl. sims0" charges which may lo0pardize the sac ur -ty granted nerotn ifTrustor falls to make any such paymantor falls to perform any of the
<br />�nvsin�ntc anr� gg..:d .._.t.� Cent ;a.c; :r.: -cs Tra, ;t:,EEu V, i;,rf Nuie roiar -edto herein, or in any prior or Subsequent oust deed. or.if any action or
<br />pfoceeiStitig is commenced whicn materially affects Beneficiary s interest in the Property including, but not limited to. eminent domain proceed-
<br />ings. proceedings involving a decadent notice at Sale by Trustee. notice of default by Trustee. mortgage foreclosure action, Or if Trustor fads to
<br />pay Trustor s debts gernetaiiy as they become clue inen Benofciary at Beneficiary's option and without notice to or demand upon Trustor and .
<br />without releasing Trustof from any obligation hereunder may make such appear"lnces, disnurse such sums and take such acitcn as tsnecessary.
<br />to protect Beneficiary s interest including. but not limited to disbumemant, of reaSonatrie aticrney s fees. payment, purchase., contest or
<br />compromise of any encumbrance. charge or lien. entry upon the Properly to "take repairs. or dec,a :atian 0 default under this TrusT Deec. loti e
<br />event that Trustor shalt fat; to procure insurance or to pay taxes asSessnte'nts er any oilier charges cr to: make any payments to ar.A, ex:$twg Cr
<br />subset -em lienholder5 or existing or subsequent nenefic.anE >t; .Penefit�ar, -lay pf;)Curc such insurance and make such payment. but Si 3 ;1 rot
<br />be obligated to do so Any amounts disbursed by Benefic,ttr-f pgrsuant to this Pa•agradt, 6 shall become additiona indebtedness of Trustor
<br />secured by this Trust Deed Such amounts shall be payable upon notice 9-on Bene'tc,, .t. -u Trustor requesting payment theteot, and shall bear
<br />interest from the date of d-Sbu•se -ent at the rate payable from lime to t.ntrt ;:r,' .,.t�lanl.r jar °r opal tinder the Note unless payment oltnterest at
<br />such rate w0U!d be contrary 10 applicable law. in which event such•arrrourn.s _ha i weal ••!e•est at ire 01,3hest rate perm,ssible under applicable
<br />law Noth,ng contained n tr,s Paragraph 6 snail require Beneficiary r3 dlcu',3 ^y expense or lake any action hereunder
<br />7 ASSIGNMENT OF RENTS. Senoticiary shat; have the right, power and authority during the continuance of this Trust Deed to collect the
<br />rents, issues and profits of the Properly and of any personal property located thereon w0h or without taking possession of the property affected
<br />hereby, and Trustor hereby absolutely and unconditionally assigns all such ants issues and profits to Beneficiary Beneficiary, however, hereby
<br />consents to the Trustor s collection and retention of such ents - ssues and proles as they accrue and become payable so tong as Trustor is not. at
<br />such time. Indetauit with respect to payment of any.ndebtedness secured hereby, or •n the performance of any agreement hereunder Upon any
<br />such default Benefictary may at any Itnto. either in ;)Orson by agent or by a rec ewer to be apptnnled by a couft without nonce and without regard
<br />1011`6 Giuquacy of any Securely for the ndeOledness horebl :pecured (d1 enter upon and lake possession of the Properly or any part thereof. and in
<br />tiSOwn name sue for or otherwise collect such tents ,slues and protils inch,d,ng those pas! doe and t,npaid- and apply the same. IPSSCO51S and
<br />expenses of operation and collection, including reasonable attorney s tees upon any indebtedness secured hereby, and in such order as
<br />Beneficiary may determine. fill pcfrforin such acts oil repair or protection as may oe necessary or proper to Conserve the value of the Property Icl
<br />lease the same or any part thereof lot such rental term and upon such conditions asds judgment may diciate orterminatectradjustihetermsand
<br />conditions of oxisting leases Unless Trustor and Benefir.,ary thE+reof ag•ee otherwise in ;rriteng any app ;,cat•on of rents. issues or profits to any
<br />tdebtedness Secured hereby Sh3lf not extend Cr postpone the due bate of one installment payments as provided to said promissory note or
<br />change the amount of such •nstallments The entering upon and taking possession of the Properly. the coltect,on of Such rents, issues rind profits
<br />and the application thereof as aforesaid shall dot waive or cure any defauit or notice of default hereunder or invalidate any act done pursuant to
<br />suchnolice Trustoratso assigns toBeneficiary as further security for the performance of the obligations secured hereby. all prApa,d rents and a',
<br />monies which may have been of may hereafter be deposited with said Trustor by any lessee of the Property to secure the payment ofanyrerlo•
<br />damages. or upon default in the performance of any of the provisions hereof. Trustor agrees to deliver such rents and deposifs to Benef.c! a• v
<br />Delivery of written notice of BenehL•Iary's exercise of the rights granted herein. to any tenant occupying said premises shall be Buff cient to ref.,,
<br />said tenant to pay rent to the Beneficiary until further notice
<br />9 GONDEMiWATfQ1N. If title to any part of the Prrperty Shan be fatten flirt irdemr ;•.rn proceeding~ by nqh! of ernmo n!
<br />et.t :r ri, ,r 5t elf L¢ Said under three
<br />stof condemnation aif awe "d;s darr,ageSd ^, hereby ass-, a nevi anti h`ta•: be i-- e.ere` r ary '
<br />W -as, f h1 apply s. - :.A.: awards Orr•ii,:ryes and proceeds to rime_ S"U'V' Secu!'9L'f by'ft'S '+ "u St Uc-ed with the excess. it al, V.:,a.d to T, 1! i rt
<br />[dE ?t `Y:55• r7y no,,:c e !:,.j Other regar4:n j Suet, 3rho^s Or p :6cewlmgs TrustU: Shall give or a-opt written r :ga�E ! -'?f -. • lU$enr+fic-.ar V
<br />spa.) trF: ienf :fled sifts, option tGG'Jrr.f^.tinrs+ slye'a• ir. act prC;SecUte or. its own name 1',J .tf.h arbc ;.r.rra.• .._, c,; ",J }.r.:., ;,I.
<br />rT}i11e(7 '�i !T it�t�+ dSr�tj ,;; : : }mprumt5e or tettleme ^i c.". vL ".'�� " {in �ov.lr- af•jr i,jC !"action of proceeding'
<br />9 FUTU14E ADVANCES. Upon request of Truslo!
<br />- at Beneirctar Y S op?,( '.f
<br />r•,akr t f UturEadv :incesto7rufr,r SuC IU!urOildvaTiCCS
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