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Alk Wrl - ,t e 89--l-0441 f 6- : s. Tues, Aeouxrreoete, cord amses. Trustor stall pay oil taxes, assessments and other charges, including, without limitation, fines and im- positions attributable to the Property, and facts" payments or ground rents, if any, before the sari" become delinquent. Trustor shall promp- fly furnish to Beneficiary all notices of amounts due under this paragraph, and in the event Truster shall snake payment directly, Trustor shall promptly furnish to Beneficiary receipts evidencing such payments. Trustor shall pay all taxes and assessments, which may be levied upon Betreficiory's interest herein or upon this Deed of Trust without regard to any law that may be enacted imposing payment of the whole or port ►hereof upon On Beneficiary, 6. Adifdettel genre end >rtetettierr of Meddetery'o Security. Truster shall make all payments of interest- and principal and payments of any other charges, fees and expenses contracted to be paid to any existing lienhrolders or prior beneficiaries under any prior deed of trust or ator- fgoge before the dote they are delinquent orrd promptly pay and 45schorge any and off other liens, claims or charges which may jeapw-eccrr -the security granted herein. if Trustor fails to mare any such payrner*,t or fails to perform any of the covenants and agreements confccaea ill this Deed of trust, or in any prior mortgage or deed of trust. of if any. =I pan or proceeding is commenced which materially affects Bur iisry's in= ` : , ferost in the Fre(terty, including, but not timrifed to, err nw-f dortrcrr, proceedings, or proceedings,involving a docendent. or if Truster f &W-10 pay Tractor's debts generally as they becor,* doe, then Beneficiary, of Beneficiary's option and without n0ki to or demand upon Truster and Rtou! rroleosing Trustor from any obllgmli rt hereundet, may make such oppearc -ees, disburse such sums, o4 take such action as is necessary .feprotect Beneficiary's interest incfudinC W not limited to. disbi rsoment of riasonable attorney's fees, payment, contest :. ; .. twchaso, or com- • promise of ony encumbrance, charge cir'T !n. and entry upon the ll iaperty to make repairs. in the event that Trustor shoes fail to procure swonce or to Pay taires,, assessments, Or' -* other s: drges or to make any pgmints to existing prior lien holders or beruficiaries, fkjteficiary mar pt+mc`,J:e sucfnirrsuroncz �tC make such payment. i` . =unis disbursed by Beneficiary pursuant to this Paragraph 6 shall becon a additional �.... ►liitedness oli.Trirsta secured by. this Dead of Trust. such amounts shall be payable upon notice from Beneficiary tm Truster requesting pay, ftw et: 6MI'eet-And shall bear interest from the date of disbursement at the rate payable from time to time on outstanding. principal under the Note Wass payment of interest at such rate would be contrary to rgpficoble low, in which event such amounts shall bear interest of the highest rate permissible under applicable low. Nothing contained in this Paragraph 6 shall require Beneficiary to incur any expense or lake any action hereunder. f. Assillnmeet of Reefs. Beneficiary shall have the right, power and authority during the continuance of this Deed of Trust to collect the rents, issues and profits of the Property and of any personal property located thereon with or without taking possession of the property affected hereby, and Truster hereby obsohutely and unconditionally assigns all such rents, issues and profits to Beneficiary. Beneficiary, however Iroreby Msents to The Tructor's catie+stion and retention of such rents, issues and profits as they accrue and become payable so long as Trustor is not, ah%uch time, in default Wth 16espect to payment of any indebtedness secured hereby, or in the performance, any agreement hereunder. Upon (A1" such deftr,:ll;.lieneficiory may at any time, either in person, by %enf, or by receiver lobe uppointed bya court, without notice and without s r -#Wd to of any security for the indebtedness herebyaicured, (a) enter upon and take possession cf.1he Properly or any part thereof, am 4i h., awn Hoorn sue for or otherwise such rerisr Issues and profits, including those past duo and unpaid, and apply the same, : ►less fasts and expenses of operation and collection, including reasonable attorneys fees, upon any indebtedness secured hereby, and in such U*r as Berofkiory may determines (b) perform such acts of re;oir or protection as may be necessary or proper to conserve the value of the Property: Of itase the same or any part thereof for such rental, firm, and upon such conditions us its judgment may dictate ar terminate or ad- " ''.i lust the forms aid conditions of any existing loose or leases. Unlesx, Trustor and Beneficiary agree otherwise in writing, on,y application of rents, issues or profits to any indebtedness secured hereby shall not tux e*td or postpone the due date of the installment payments as provided in said proMsory note v chwgtr ti* amount of such instatTmesris. TUB entering upon and taking possession of the Property, the collectinnaf such r�s; issues and profits, s;vs the application thereof os asuesdl,. shall not waive or cure any default or notice of default hereunder, or in- vdidote any act &r* pursuant to such notice. Trustw also oss�jas to Beneficiary, us further security for the perforr~terce of the obligations secured hereby mt prepaid rents and a'3 srixties which may have bmn or may hereof ter be deposited with said Truster buy ony lessee of the Pro- pxrrty, to secure the payment of any rent or damages, and upon default in the performance of any of the provisions hereof, Truster agrees to dolwer such rents and deposits to Bonetkiary..Delivertyoi written notice of Beneficiary's exercise of the rights granted herein, to any tenant cc- i espying said premises shall be sufficient to require said tenant to pay said rent to the Beneficiary until further notice. B- fGeieotrretlee. If title to any port of ft Property shall be taken in condemnation proceedings. by right of eminent *Pmoin or similar action, or shall be sold under threat of condemrrtlion, all owwds. durno;ft old proceeds are hereby assigned and shall be paid go Beneficiary who shall apply such awards, damages and proceeds to the sun, see Led by C,13 Deed of Trusli, with the excess, if any, Vmd to Trustor. If Trustpt receives any notice or other information regarding such o04oaos or proceedings, Trustor shall give prompt writfen,nWi;e thereof to beneficiary. Beneficiary shall be entitled, of its option, to commence, appear in ru'd prosecute in its own name any such oclion cr pm- endings and shall be en. filled to maker cny compro rise or settlement in connection with arry such action or proceedings. 9. Rereredies tht Exclusive. Boneficiary shall be et,r.Ifed to enforce payment and performance of auy,indebtedness or obligations secured herafiy and to exercise all ri;'hts and powers under tP.is Deed of Trust or under any other ugreemant executedi i connection hereMili or any laws now or hereof ter in force, n0withstonding some or d3' of Tlie such indebtedness and obligations secured here ,�y may now or hereafter be other- wise secured, wrWher by mortgage, deed of trust, pledge, lien, assignment or otherwise. Neither the atteplance of 1, %i U7 ed of Trust nor its enforcement whether by court action or pursuant to the power of ,ate or other powers herein contained, shall prejudice any manner affect Beneficiary's right to realize upon or er.%rce any other security now or hereafter hold by Beneficiary, it being agreed that Benefi :, :,r K %; 'all be entitled to enforce this Deed of Trust and any over teaurily now or hereafter held by Beneficiary in such order- and manner as it a, ; . to its ab- solute discretion determine. No remedy herein confaalrre i upon or reserved to Beneficiary is intended to bo eac44sive of `3'rg o'lusr remedy herein or by low provided or permitted, but each shall be cumu`a'ive and shall be in addition to every other remedy r iytn hereurrter ar now at hereuf ter existing of low or in equity or by statute. Every power or remedy provided hereunder this Deed of Trust te. Ranof iciury or to which it may be Otherwise entitled, may be exercised, concurrently or mdeaendently, from time to time and as often as may be deemed expedient Beneficiary and it may pursuo'inconsistont remedies. Nothing herein shall be construed as prohibiting Beneficiary from seeking u deficiency judgment against the Truster to the extent such action is permitted by law. 10. Treader of ►reprtyr Anetepffee. If all or any part of the property or any interest tlrerein is sold, transferred or conveyed by Itusfar without Beneficiary's prior written consent, excluding (a) the creaftnof a lien or encumbrance subondinute to this Deed of Trust, (bi ilia crea- tion of o purchase many security interest for household appliances, (c) a transfer by devise, dasrPnt nr by operation of !aw upon the death of a 'immt ioint or (d) the grant of any leasehold interest of three years or less not containing an option to punctwse, Benaticiury nruy, nit Beneficiary's option, declare all the sunns secured by this Deed al Trust to be imnrediotely due and puyuble, or cause the Trustee to file a notice of default. Beneficiary shall have waived such option to accelerate if, prior to file sale, transfer or conveyance. BenefiOwy and ilia person to i f what► the oreworly to to be low or frensferred teeth "Utfement (n writing that the credit of such semen is solis(octory to Ovntf iciury acrd i11to 1 thelnterest payable on the twnc ttCured by titis Ovid of Trust shall be Of suits rat@ w Derrelicimy stroll request. Alk Wrl - ,t e