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102864
<br />S• Taxes. Attesoments, and Chortles. Truster shall pay nit taxes, asseesmuenls and other char got. Including, without 11111ifati0n, linos and ins
<br />Positions nlfribuloble to file Properly, and tensehold pnymeros or ground rents, it any, before lien smile become delinquent. Truster shall promp
<br />fly furnith io iteneliciory nil notices of amounts due under Ibis prxag►oph, rind in the evod Truster shall make payment directly. 1luslor 51 11
<br />Promptly furnish to Beneficiary receipts evidencing such payments. Truslor shall pay all loxes and assessmertls which nfay be levied unpin
<br />eeneliciory's Interest herein or upon this teed of 111,11 without ►egnrct to any law tlunf may he enacted Imposing payment of the whole or any
<br />port thereof upon the Beneficiary.
<br />6. WhMoe! hoes wed protection of lenolklory's Seevtlty. Truster shall make nil pnyments of interest and principal and payments op any
<br />Other charges. fees and expenses contracted to be paid to any existing lienholdets or prior beneficiaries under any prior deed of trust er "for.
<br />Igage before Hie date they are delinquent and promptly pay and discharge any and all other lions, clahns or charges which may jeopardize flee
<br />security granted herein. If Truster fails to make any such payment or fails to perform any of the covenants and ogreements contained in 1193
<br />Deed of Trust, or in any prior mortgage or deed of trust, of it any action or proceedkV is commenced which moteridlly affects eenericlory'-
<br />ferest in the Property. Including, but not limited to, eminent domain proceedings, or proceedings involving o decerxtent, or if Truslor fetus to pay s n
<br />t
<br />Trusfar's debts generally as they become due, then Beneficiary, at Beneficiary's option and without noeir a to or demand upon Truster and
<br />without releasing Trustor from any obligation hereunder, may make such oppearaoces, disburse such sums,, 0414 take such action as Is Accessory
<br />to protect Beneficiary's interest including. but not limited to, disbursement of :eosonable attorney's fees, payment. pufOnse, contest or com-
<br />Promise of any encumbrance, charge are lien, and entry upon the Property to make repairs. In the event that Truster shall (ail to procure in-
<br />surance or to pay taxes, assessments, err any other clunrges or to mare eny, Txrymenls Io exisfirrgr prior liars lretders or beneficiaries. Beneficiary
<br />may procure such insurance and n lakd - such payment. Any amounts disbursed by Beneficiary pursvimft t© I ?is Nragraph 6 shalt become additional
<br />u►debteriness of Truster secured 7~y l'Ais Deed or Trust. Such amoenls Shall be rnyable upon mole -ce from Bereficiary to T.rustor requesting pay-
<br />ment thereof, and shall bear mterestl 6Rnm the dale of disbu►semeno as the tot,* Poyobte /cams, rime to lime on 0uhtRndih►g principal tender the
<br />Note unless payment of interest at sweet rate would be contrary to c ;,ticaGFe taw, h which evet:,0 such amounts shall heor.ihieresf of the highest
<br />rote permissible under applicable, law frothing contained in Mils i"ca►egteph 6 Sholt require Beneficiary lo•incur any expense or lake any adlon
<br />+hereunder.
<br />7. Assignment of Rents. Beneficiary %Trull have the right, power andMORK4iey diming the continuance of this Deed of Trust to collect file
<br />rents, issues and profits of the Properly and of tiny personnl property ZoTafed (hereon with or without faking possession of Hu property affected
<br />hereby, and Truslor herelty absolutely cmdruncondilionnlly assigns oRsvirbrenis, issues and profits to Beneficiary. Beneficiary. however, hereby
<br />Contents to the Trustor's collection grad retention of such rents, issues and profcrl as they accrue and bercm -e payable so long as Truslor is non.
<br />III such lime, in defcmit wNtrespect to Foyroeot or � indebtedness securedh"eaeby, or in Ilse perfQrmarxe vl any agreement hereunder. upon
<br />any such default. Beneficioty may of any, tinge, eklw i i person, by agent, or by receiver to he a,Vfxinted 6j g court, without notice and without
<br />regard to Ilse adequacy of any sect {itty fie tine indebtedness hereby secured. (a) enter upon and take possession of the Property or any pore
<br />thereof, and in its own name sue for or otherwise collect such rents, issues and profits, including those post due and unpaid, and apply flee son's
<br />toss costs and expenses of operation and collection, including reasonable attorneys lees, upon any irnfeNedness secured hereby, and in such
<br />order os Beneficiary may determiner (b) perform such acts of repair or protection as may be necessary or proper to conserve flee value of the
<br />Properryr (c) tease the some or any pnrt thereof for such rental, form, and upon such coridiligns as its judgment may dictate or terminate or ad-
<br />just the terms and conditions of any existing, long. at !-Mee. Lindy.; T.-ust- or- a'f�rd D&K- I'Many ogree otherwise iii writing, any application of rents.
<br />issues or profits to any Indebtedness secured hereby shall not extend or postpone the due dale of fife installment payments as provided in said
<br />promissory note Or change the amount of such installments. Tip oaterir►g s nor It~d ltfwiny ,1vssession of the Properly, the collection of such
<br />rents, issues or►d profits, and tie application thereof as aforesaid, shall not. vvc -fe or cure any default" or notice of default hereunder, or in-
<br />v9lid0le any act done pursuant to such notice. Truster also assigns to fierreScti fy, as further recur "sty 6'er tine performance at else oblige /erns
<br />secured hereby"„ all prepaid rents and all monies which may have beefrar miry Trprenf le► be deposited with said Truster by any lessee of the Pro.
<br />perry, Io S"ure.tirre payment of any"rent or damages, and upon defiuii in" the M, formonce of any of the provisions hereof. Truster agrees to
<br />deliver such rents ifrrd dn:Tto4-ts to Beneficiary. Delivery of writ fell- aQtice of Denef"rr:iary's exeircise of the rights granted herein, to any tenant oc-
<br />cupying said premises'sFawbe sulficient to require sold tenant to`paar said rent to the Beneficiary until turf tier police.
<br />8. Condemnation, It i'iOe to any part of the Property, shall he takentin condemnation proceedings, by right of eminent domain or similar action,
<br />or shall be soM under Iltreal of Condemnation, all awards, damnges.cmd proceeds are hereby assigned and shall be paid to Beneficiary who shall
<br />apply such ids, derxeges and proceeds to the sum secured by this Deed of Trust, with the excess, if any, paid to Truslor. If Tlustor receives
<br />sorry notice or other infermlion regarding such, actions or proceedings, Trusfor shall give prompt written notice thereof to bemlii(ory.
<br />Efeneficiory stroll be entitfdd of its option, to commecac►r;,appeor in and prosecute in its own some any such action or proceedings and shell be en-
<br />promise to make any compromise or settlement in connection with arty such action or proceedings.
<br />9. Rtmg&i Not Ea4fysive. Beneficiary shall be entitled to eafcerce payment. and perlorreome of any indebtedness or obligations secured
<br />hereby and to exercise a1T'rights and powers under this Deed of Trust or under arnYother agreement execulerf inconneclion herewith or any laws
<br />now or hereafter in force, notwithstanding some or all of the such indebtednessand+abligatians secured herekYmay now or hereafter boother•
<br />wise secured, whether by mortgage, deed of trust, pledge, lien, assIgrment 0r otherwise. Neither the occepldlece of this Geed of Trust nor its
<br />enforcement rrr+tir•tirec by toext action or pursuant to the power of urFear other powers herel*rc�aestained, shalt prejudiceets'i'rt any manner affect
<br />Beneficiary's night to realize upon or enforce any other security now or hereafter held by Beneficiary, it being agreed dent Beneficiary shall be
<br />entitled to enforce this Ck*d of Trust and any other security now or hereafter kelif by Beneficiary in such order and manner as it may,im rits nit-
<br />solute discretion detetrrt,irtp:. No remedy herein conferred triton or reserved to Deeart~rciory is intended to be exifusiva of any other remedy Therein
<br />or by law provided or paacr„'a r�•`f, but each shall be cumutolive and shall be in odl6ion to every other remedy.given hereunder or now or hereof ter
<br />existing of low or in eq�zt,r or by statute. Every power or remedir provided hereunder this Deed of Trust to Beneficiary or to which it may.be
<br />otherwise entitled, may fie a u" rcned, concurrently or independeiiiiyr, learn time to time and as 0114-11 as may be deemed expedient Benef;tlnry
<br />rod It may pursue inconsistaiert remedies. Nothing heroi* shall be construed as proNi Toting Beneficiary from seeking a deficiency iudgment iWirtsf
<br />the Trusts to the extent such action is permitted by law.
<br />10. Transfer of Property; Asswnpfien, If all or any purl of 1f►e properly or anY interest III -Pin is told, fronsferred or conveyed by Truslor
<br />without Beneficiary's prior written consent, excluding (n) the creation of a lien or encumbror►ce subordinale to this Deed of Trust. (bl the crew•
<br />lion of a purchrnse money security inferell for household opplinnces, (c) o irnnsfer by devise. descent or by operation of law 11,10# the donth of o
<br />joint tenant or (d) the grant of any lensehold interest of five@ yeas or less not containing an option to purchase, Beneficiary may tit
<br />Beneficiary's option, deckxe all the suns secured by this Deed of Trust to be immediately due oral payable, or cause lire Trustee to file o notice
<br />of default. Beneficiary shalt have waived such option 10 accelerate if, prior to lire sale, transfer or conveyance. Beneficiary and lute person to
<br />Whom the properly is to be sold or transferred reach ogreemenf in writing that the credit of such per son is satisfactory to Beneficirey and that
<br />lire interest payable on the sums secured by INS Deed of Trust shall be of surf► rote as Beneficiary shall f e►pnesf
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