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<br />age. 103210'
<br />All Stuns incurred or exp, -ndeci by pe
<br />n8ficlarY or Trustee it) the provisions of this Trust geed are secured hereby, and, without cdemand,
<br />aha11 be immediatolydue and payable by Trustor and shall bear interest at
<br />the maximum allowable legal rates provided, however, that at the option of
<br />Beneficiary or Trustee such sums may be added to the principal balance of
<br />any indebtedness secured hereby and shall bear the same interest as such in-
<br />deYtsdhs" and shall be payable ratably over the remaining term thereof.
<br />8. AsSAMOM of Rents. Beneficiary shall have the rights
<br />ity during the continuance of. this Trust Deed to collect the prents,aissueshor-
<br />and profits of the Property and of any personal property located theron with
<br />or without taking possession of the property affected hereby, and Trustor here -
<br />by absolutely and unconditionally assigns all such rents, issues and profits to
<br />Beneficiary. Beneficiary, however, hereby consents to the Trustor's collec-
<br />tion and retention of such rents, issues and profits as they accrue and be-
<br />come payable so long as Trustor is not, at such times, in default with respect
<br />to payment of any indebtedness secured hereby or in the performance of any
<br />agreement hereunder. Upon ally such•default, Beneficiary may at any time,
<br />either in person, by agent, or by a receiver to be appointed by a court, with-
<br />out notice and without regard to the adequacy of any security for the indebted-
<br />ness hereby secured, (a) enter upon and take possession of the Property or any
<br />part thereof, and in its own name sue for or otherwise collect such rents,
<br />Issues and profits, including those past due and unpaid, and apply the same,
<br />less costs and expenses of operation and collection, including reasonable
<br />attorney fees, upon any indebtedness secured hereby, and in such order as S�
<br />Beneficiary may determines (b) {
<br />perform such acts of repair or protection as i__
<br />may be necessary or proper to conserve the value'of the Property: (c3 lease '
<br />the same or any part thereof for such rental, term, and upon such conditions
<br />as its judgement may dictate. Unless Trustor -and Benefioi?,y agrcv.othCr;i3e
<br />- r:t wL1 "ng; -any application of rents, issues or profits to any indebtedness
<br />secured hereby shall not extend or postpone the due date of the installment _
<br />payments as provided in said promissory note or change the amount of such in- -
<br />stallments. The entering upon and taking possession of the Property, the col-
<br />lection of such rents, issues and profits, and the application thereof as afore -
<br />said, shall not waive or cure any default or notice of default hereunder, or
<br />invalidate any act done pursuant to such notice. Trustor also assigns to Bene-
<br />ficiary, as further security for the performance of the obligations secured
<br />hereby, all prepaid rents and all monies which may have been or may hereafter
<br />be deposited with said Trustor by any lessee of the Property, to secure the
<br />payment of any rent, and upon default in the performance of any of the pro-
<br />visions hereof, Trustor agrees to deliver such rents and deposits to the gene -'
<br />f;iciary. Delivery of written notice of Beneficiary's exercise of the rights
<br />granted herein, to any tenant occupying said premises shall be sufficient to
<br />require said tenant to pay said rent to the Beneficiary until further notice.
<br />`•. Condemnation. If title to any part of the Property shall be taken-in con-
<br />bdemnation proceedings, by right of dminent domain or similar.getion, or shall
<br />e sold..under threat of condemnation, all awls,. damages anct.proceeds are
<br />hereby assigned and shall be paid to Beneficiary who shall'aP'P1Y such awards,
<br />damages and proceeds to the sums'secured by the Trust Deed,. with the excess,
<br />i£ any, paid to ttte Trustor.
<br />10. Future Advances. Upon request of Trustor.., Beneficiary, at. Beneficiary's
<br />option, prior to reconveyance of the Property to the Trustor, may make future
<br />advances to the Trustor. Such future advances, with interest thereon, shall be
<br />secured by this Trust Deed when evidenced by promissory notes stating that said
<br />notes are secured hereby; provided that at no time shall the secured principal,"
<br />future advances, not including sums advanced to protect the security, exceed
<br />One hundred percent ( 100 %) of the original principal amounts secured hereby. 1
<br />11. Remedies Cumulative. All remedies provided in this Trust Deed are distinct
<br />and cumulative to any other right or remedy tinder this Trust Deed or afforded by
<br />law or equity, and may be exercised concurrently, independently or suec,A sively.
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