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FM_ <br />9 ! <br />� 105532 <br />S. Ttfraee, As"Mileteeellt, ad ithm". Trustor shall pay all taxes, ossessmettts and other chorpes, including, without limitation. fines and im• <br />positions ottributable to flte Property. and leasehold poyments or ground Writs, if any, before the same become delinquent. Trustor shall promp- <br />tly furnish to Beneficiary, all notices of amounts dw under this paragraph, and in the event Trustor shall make payment directly, Trustor shall <br />promptly furnish to Beneficiary receipts evidencing such payments. Trustor shill pay oil taxes and assessments which may be levied upon <br />8enefficwtry's interest herein or upon this Deed of Trust without regard to any low that may be enacted it owing poyinettt of the whole a any <br />port thereof upon the Beneficiary. <br />6. AdApOW liege EW lhtt* flee of file sefkistI's bmify. Trustor shall moket oil payments of intelrest and principal aril poyments of any <br />other chorgps, fees and expenses contracted to be paid to any existing Ilenholders or prior beneficiaries under any prior deed of trust or mor- <br />tgop before the dote they we delinquent and promptly pay and discharge any aril all other liens, claims or charges which may jelopordlte the <br />security granted herein If Trustor fails to make any such payment or fails to perform any of the covenants and ogreflowts contained in this <br />Deed of Trust, or in any prior ttniortgage or dead of trust, of if any action or proceeding is commenced which materidlly affects Beneficiary's in- <br />terest in the Property, including but not limited to eminent domain proceedings, or proceedings involving a decetdent, or if Trustor foils to pay <br />Trustor's debts gorwoliy as they become due then Benettciary at Berteficiory's option and without notice to or demand upon Trustor and <br />without releastng Trustor from any obIiW.iorP hereunder may make such oppeorances, disburse such sums, and take such action as n necessary <br />to pro?Kt Beneficiary's interest including, but not limited to disbursement of reasonable attorney's fees, payment, purchow contest or com- <br />promise of any encumbrance :V. ge or lien, and entry upon the Property to make repairs In the event that Trustor shall fail to procure in- <br />surance or to pay foxes oswA-i vnts. or any other chot-le; or to moke any payments to existing prior lien holders or beneficiaries Bat"1146ar y <br />may procure such Insurance and Twice such payment Any amounts disbursed by 8erieficiary pursuant to this Paragraph 6 shall became additional <br />indebtedness of Trustor secured by this Deed of Trust Such amounts shall be payable upon notice from Beneficiary to Trustar requesting pay. <br />Mont thereof. and shall bear interest from the date at di5tursement cl tt%e rate payable from time ^a time on outstanding principal under the <br />Note unless payment of intpres t at such rote would be .lr -x °cry to applicable low in which event stxh amounts erhgti (bear Interest at tune higt#e'st <br />rote permissible under applicable low Nothing contained in this Paragraph 6 shall ie ►wire 8enehc4cry to rticwr a'"n expense or take any ecooz -1- <br />hereunder <br />7 Aeeigsttteel of Reels. Beneficiary shall have the right power r;Iz authority during the 'cer4mi,ance of this Dead of Trust to collect tae <br />rents, issues and profits of the Property and of any personal property leased thweart .vm� or view cut Vail rg possession of the property affected <br />hereby, and Trustor herebo aa•.%oluiely and unconditioni !ir : -signs oll sttir rents. ocs,ies cad prolix wBeneficia!v, Unefflciary. however, herelbv <br />consents to the Trustor's conec'1,cin and retention at %lim rants is %flee; iric profits as silty QEUUV 0'+d ticorrw jr -Als 'so long a; Truster is W. <br />Of such time in default wont' .10spect to X"WreM (it ut%oi incif ,firdne i-t secured hereby. or in the perf.,nmonce of arsy agreement hereunder Upon <br />any such default. Benef tot y may at any tern•., dither -n pP,icn by agent or by receiver to be appointed by o ccurt, without notice and without <br />regard to the adequacy of :r,, ' securty ice the ivdetn'cta t.±;% hereby secured lot enter upon and take posses4• ?n of the Property or any part <br />,ihoreof, and in its own nont a %,A for or otherwise crel'trri:• rents issue% and profits including those post due sr^t unpaid. and apply the some. <br />less costs and expenses of operation and collection mcludinq reasonable attorneys fee% upon any indebtedness secured hereby. and in such <br />order as Beneficiary may determine. 1b► perform sort, ac is of repair or protection as may be necessary or proper to conserve the value of the <br />Property, ic) loose the some -or any part thereof for such rentul term and upon %uch conditions as its judgment may dictate or terminate or ad- <br />just the terms and conditions o9 any existing least of leases unless Trustor and Beneficiary ogrte otherwise in writing. any opplication of rents. <br />Issues or profits to any inde:'redness secured hetPby shall not extend or postpone the due date of the installment tayments as provided in said <br />promissory rote 3r change the amount of such mstnlimpnr% The entering upon and taking possession of the Property, the collection of such <br />rents. issues and profits and the application Thereof as aforesaid stroll riot waive or cure any default or notice of default hereunder on in <br />validate any act done pursuant to such notice Trustor nl%o osvgns to Benetiriory us further security for the performance of t'f* cbhgo)iens <br />secured hereby all prepaid rents and all monies who h rnt3y have been or may hereafter be deposited with said Y"u%lor by any le53te pf she P__ <br />party, to secure the payment of any rent or dnmage,s and upon default it the performance of any of the prov.5,cns hereof Trustor oyrees ,'c, <br />deliver such rents and deposits to Beni ecro,ti Liplivery of written, nonce of Benef iciary % exercise of the rights granted herein. no any tenant a' <br />cupyirg said premises shall be sufficient to •equine said tenant to pay surd rent to the Beneficiary until further notice <br />8. CMdemsMiee, If title to ony pat of the Propersv shall be taken in condemnation proceedings by right of eminent domain or similar (Capon. <br />or shall be sold under thyo,e , ^ condemnation all aww:,, , damages and proceeds ar.* hereby assigned and shall be paid to Beneficiary wtro shall <br />apply such awards dfu via,, cnd proceeds to the sum „+cured by this D"d of T►c•%t with the excess if any paidao Trustor If Trustor receives <br />any notice or other mfornatton regarding such cu lions or proceedings Ttu%tor shall give prompt written nonce thereof to beneficiary <br />Beneficiory shall be enNtled at it% option to commr -rXi, appear .n .end pi own utP in its own name any such action or proceedings and %hail been <br />titled to make any compromise or %eltlement in corvine':, �,, with -iny sun It ni fort of proc eedings <br />0 Ree lo&II, Net avelve tt. Benefr(oary shall be ew led ft, enforte payinent and performance of any iraor,-Artes% or obligationti ; -0r.JroC <br />hereby and to exercise o :, ":gr "s and Covets under it-,y lived of it t %t i,r undo# any other agreement executed in comiection herewith or any laws <br />now or hert.ws"r,a n force PWw,th! ITW]ni.: Zme of all of the suth indebtedness and nbliq,.rt •r, a cuted hereby may now or Iwrttafter be 01t%of <br />wise secured "Opp N tit ►not *.gage dtt.+t ,t trust c0tedge hen assignment t,, r01 -et w,%A- ttl►i vnie' •hp act. #plante of this Deed of Trutt• titer tt'i <br />e4orcement w1hether $r• :cu,^ xcton or pursuant tc ewi, .;':wet of sale or ether way e+ -..few .on•amed shall :'reludice or ;n any martnur offer" <br />Uneficta►y s right to reoi':e upon or enforce onv :'nitric• ,eturay now of hFWe "4,ita. Weir ti, F" "04 (.only it bo + agreed that Beneficiary 'jqw TV <br />entitled to enforce this Deed of Trust and any oth%tr tai urtty raw or hereafter hp,r r m twmt,f ,: ~•. in such order and manner as if may in o 1 ai <br />solute discretion determine No remedy herein r.c:rrr,vred upon a reserved to Berwhocity t% #nyticAed to be exclusive of any other remedy herein <br />_n - _L........ �..�.....ih�..�w.Yr.. --en hY'MYMt�r M flaw or hweoflot <br />of by low provided or permineci but each snail b" : urruvitve vie; imp ., -, uw,• •v ... r ... , • _ - _- - <br />existing at low of in equity of by statute Every rOwe, or rerttedv provided htireundef th -,• 11Ped ,•1 Ttt't r• A.-neftt ia,v ar to whtlF .r --!,0 N. <br />otherwise entitled may be exerliSed 0"1- J11en1lV of indeQendentiv it in, hate to -1- o-1 • '/1P , it% n,1v tm deeme-I etpedtettt Be# •,t , .,, <br />and it may pursue erKonsistont remedrl• "thing Hereto %hall tw . on%ttuPd as liroh,h,t,N e#,nef.. ,try from ,*#*,ng n deficiency judgment agairV <br />the Trustor to the extent %uih action s t;wmittecl by low <br />10 Trws* of Property: Asseeegfim - If all ,,r any putt of the proper rip of Inv rtitpteO therein -% %pin ',• ;n%ferred or onvelred hr h i % *q• <br />without Beneficiary S prior written fM%ent ettluding (a) the cttot,on of .I lien , , ink urnbr(lnt #, wNI'd,note 'r, th.s Deed of Trust lb, 1*1* - •ors <br />Tao,•. cif . aurcho%e nxw*y %ecurify interest for hou%ehold uppliam es 1 a tronsfet by JP­ %P dP%t ent or by opert)►ton of t•tw upon the death <br />loom tentrnt or id) the grant of any Ike- mithold ,ntereV of thffw yeas or le%% „ot tonto,rong an tvtinn to purahnse Beneficiary rnar it <br />Benefitiory %option declare all the sums sa(wud by this Deed df Trust to be en"Wialvile due (Ind hDeublt Or cauw the T,u•,tee to fate ii noncp <br />of default Beneficiary %hall have waivird %uch opht)ti to Oc, elergtt f pe tot t7 the %ale t,onsfer a t cinvelarn.e benefit ,acv find the l7P#%On ht <br />whom the property ,s to be sold,+► t,on%tp'rPd o thli h ,tgr eerttenf .n 070'rW4 ttrit the - emit of %t„ h lift VIII ,s aU# v ,7111 Ni'11 <br />the inteie%t payable on the %ums %Pita e-d by th.% D"it J) T,oct th o1 t•e at •into W. ftrri.t, V, • it 0 ,,• 1, 6.0 <br />7 <br />• u. <br />