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<br /> - 4. INSURANCE. Trustor,at ds e�ryense.xd9 meoatem wdh msurecs approved by 8ene5uary.Nsurenee wRh respeet to tfle . _ `.j:*
<br />- - '�:```-�:^-: .� im rovemeMS and etsareat ro eonsUtuhn the Pra a emst toss by fire.f +n tomado.and other erits and hezards
<br /> � . A p P A�Y• S P�Y• S �^ 9. P .
<br /> a�`� `` ` �o�ered by standard extended covetE�9e endoreemenL in an amou�!equel to at least otte hundred peteent ot the tuU repfaoement ���
<br /> --•�y�`- . < <. <,- ."., value thereo!end insurance against sud�other hazards and m such amouMS ae is as0omardy camed by owners and uperarors ot �
<br /> _=t�', simlar propeRres or as 8enefiaary may requae tar ds promdion.Tnismr�Ell oompywrth such other requrtements as Benefic�ary mey
<br /> .^ T`. - .`. ,�17 �er
<br /> `' • irom time to 6m8 tequest tot the protection by�nsurenee ot the iriOaresTS of fhe tespeehvo Parhes.AU msuranee pot�eres mamtamed '``� ' " .
<br /> '� � � e("� pmsuairt to this Deed at'G.-ust shaII asme T�tot and Benefidary as insureda.as Ihen respednre�rterests mall ePPear.and pmvide <_
<br /> } > -= that there sfiatl be no�eellaGOn o�modifuation without no Isss than 15 days pnor wrrtten notifi�atioa to Trustee and BeneSaary-►� '-
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<br /> i. ,' �• .. � tha avent a r ry po G c y hereunder s not renewed on or betare 15 da y s pdor to Rs e�uaLnn date.Trustee or Benefic�ry may prowre �
<br /> ` i� sueh insuranee in aaordance with the pmvsions of par�s9raph/i.6 hereat Trustor shell defrver to Benefivaryr the ongmai polu�ss of _ ;��:..
<br /> _��I�y� � ` `� <��•y;; ; � � insuranoe end renswals thereof or memo copres of such pofiaes and renewals theceof.Fadure to tumah such uisuranoe by Trustor. _`�•;'�;4�,�
<br /> � ' _ �, - or rene�as requued hereunder shall.ffi the optian of Benefiaa�y,constiwte a Qefautt � =•
<br /> ��f_ T°4 =^� rt e`� � 5. TAXES.ASSESSMENTS AND CHARGEB.Tnisior sh80 poy eU mxes. assessmen6 ePl��' 8r ef�tges.�dudmg.wrthout '
<br /> �E. ; t- . •,�:� �Yr�...�.� � limitation, fines and anpositions etmbutable to the Property.and teesehoid payments or �iou�d rents,if eny. betore the same *:"µ`-
<br /> �" �� � ' ' beccme Qe�mquent TtusDor she0 promptiy inmish to Bertefidary all nomees of emounb dua under this paragraph.and in the event � r`��.;�:.
<br /> -:`�F . ' ' :��` � Tnistar shaa make paymerrt direetly.Trustor shail promptry fumbh to Benefiaery receipts ehdenong such paymertts.Tcusto�sha0 :•:'�-.`,.'_°
<br /> t � � ( pay ail tmces and assessments which may be Isvi@d upon BeneSdaya ufterest herem or upon this Oeed o1 Trust wdhout regsrd to `�,.:. :
<br /> „. � eny law that may 6e enacted"unposm9 Paymern of the whote or any part thereot upon ffie Benefiaary.
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<br /> �� . % � ; - � 6. ADDI'f10NA1.UENS MlD PROTECTION OF BENffICWRY'3 SECURfTY.Trustnr shaU make eD paymerds of intetest and �:'����;:L•:_'
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<br /> . principal and payments af any othet ehatges. tees end e�enses eontracted to be pa:d to arry exutng fie� holdeis or pnor � �.t;_.
<br /> ` .:�;�`.°� :' beneficiaries tmder anyr prior deed of trust or mortgsge before the dais they are de6nquerrt and promptly pay and disdtnrge arry and -'�_':'�-� .,-:
<br /> >. .. � �'` z"x' elI other I"cens.clauns ar charges wh�ch m4y 16opartliie the security granted herem.tf Trustor tals to make any such payment ot tals `_�::•`�
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<br /> �''�$'�:- ' � :.'�;.I�`������: to pertorm any oi the eovena�end agreemeMs conffiuted in this Oeed ot Tn�.st,or in arry pnor mortgege or deed of trust,or A any ,,
<br /> � . :. aCtion ar proceeding is oommenced whfeh materia�yt affeds BeneSder}'s ufierest in the Property.iaduding. but not timRed to. . °:: r;::
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<br /> r- eminert domam proeeedings,or proeeedings invotvfng a deeedeM,or dTrusmr ta�a to pay Trustors debta ganeratfy asthey beeome ;� .;
<br /> �_, due,ttien Beneficiary,at Benefrdary's option and wRhout notice to or demand upon Tnistor and without releasm9 Trusior from srry - :`�
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<br /> -r':�;.�.,:: . . - obGgation hereunder. may make sucb sppeuanees. d+sburse such sums end take sud� aedore as �a ne�ssnry to proted _`..'';>;.._=;:::
<br /> Y Benetiaary's irfterest, mduding, but not Ittnrted to,disbwsement of reasonabla ettnme�a fees, payment, purchase. co�rtest or
<br /> 3'.' ° � compramise af any encumbrance,charQe ar Gen,and er�try upon the Property to make repaus.In tAe event that Tnutor shall fad to
<br /> �� no►fien holders or
<br /> - k: . . . �%-'"" proeure insuranee or to pay t�ces,assessmeMS,ar ar►yr ather ehargas ar to rnake eny payments n�enY��9 0 , , . _
<br /> ''{ '• . � �'�';. . benefieiaries,Beneflciary may prowre such insurance and make such payment My amounta d�sbursed by Benefiemry pursuant to -
<br /> � ��' '"%';�� this Paragraph A.6 shall become addilional indebtedness otTrusicr seaired by this Deed of Trust. 3uch emourtta sha0 be payable ,L• �`.•I'`
<br /> ��� � �� � `� �`�"`� � upon notiee irom Beneficiary to Truator requesting payment 4ierao�as�d shaD besr interest i r om t he d ffi e o f d�s burserrte r rt a t t he =
<br /> � �.�.` ; . � �� rate paya6le iram 5me to time on outstand�ng prinapel uader tfie fSote untess payment of�rterest at sach rats woutd be conbary to
<br /> - ':�. ^,.��,;= apDReable taw. in whieh event sueh amounts sfiall bear mterest at the h�ghest rate permiss�4te under appGcable Iaw. Nothmg _ 4�_...
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<br /> contained in thia Paragrapfi AB shalt require Benefiva►y to mcur any expense ar take srty aedon hereundet. .. :�;,';"•'
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<br />.- n' ° � 8. IT IS_MU71)ALLY ACiREED THNT: '. '_
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<br /> ;;,��c`. � ' . '::�• 1. ASSICiNMENT O�RENT3.Beneficiary sttall have the rtgh4 power and authorrty dartng the eoMinuanee of thp Oeed otTrust =�. e'. ��.'
<br /> � ' to colled the rents,issues and profrb of the Property and of any personal properry toeated thereon wrth or v�rthout takmg passessron �
<br /> h;;:,;:��.,``' . : . of the properly atteded hereby.and Trustor hereby a6sotutery and ur�eonditianalty ass�gne a�l sueh rents, issues and profits ro �
<br /> , 8eneficiary.8er�efivary.howevar,hereby eos�serKs to the TrusKors eodeesiun and retenhon of sueh rarts,�ssues and profAS as they ��-;;
<br /> s •� ��. aeerue and beoome payabte so►ong as Tnutor�s no�at sueh Cme.m Qefautt wrth respeet to payment of arry mdeDtedness seared �± '
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<br /> `'.�" ' ' ' hereby,or in the perfortnanee o1 any agreement hereunder.Upon arry such defauR Beneftciary may at arty time,eAher m person,by
<br /> `.X;�! ,�` _ � _ agent,or by a�ecenrer to be appanted by a eourt w�thout nouee and wrthout regard to the adequaey ot�ny secunry tor the � �
<br /> _.�;T,. ; • mdebtedness hereby secured.(a)enter upon end take possessfon ot the Properry or any partlhereol and m�own namo suo far or • •
<br /> ��,j� ,,. - ' � othenwise eolleet sueh rertm,asues and profAe.ineludmg those past due and unpa�d,and appty the eame.less eosts and expenses
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<br /> ��r of operatwn and eollechon,mcludmg reasonabte attomeya tsos. upon any iadebtedness seeured hereby. anC in sueh order as
<br /> ' .5=�.'. � '' 8enefiaary may detertnme:(b)pedorm sueh aets of repa�r or protee�on as may be neaesesry or proper to eonserve the value of the
<br />- �' ^ • - ' PropeRy: (e)lease the same or any paR thereof tor such rental,tertn, end upon such eondbons a,ds jud9ment may didate or �,
<br /> '�°°'•`• • � tertninate.or aQjust the term9 and eondmons of exis6rtg feases.Unless Trustor anA Benefiatuyr thereof egree otl�erwise m wriLng. "
<br /> �'�.;`� � ' my appt�eation oi rents.issues or pmfits to enyr irtdebtedness sewred hereAy ahall not extend a postporte the due etata of the �'��=, -�-
<br /> � rtstaIIment payments as prov�ded �n ea�d prom�ssory note or ehange the amount o1 sueh mstetllmente.The e�termg upon and _ '
<br /> :.�e;+�•�` . - " • .� mkmgpossession ot fhe PropeRyt.the wltecUOn of eueh renb,issues artd profrta and the applieauon U�oreof es aioresaid.sha0 not �� -
<br /> r �`.i.,' ' � wanr0 or wre arty detauR ar noCce of defauR hereundes or mvahdffie erry aet done puwuantto euch notrce.Trustor tilso assigns to •
<br /> �j � •�-. . � Benefluary,as turther secunly for tAe perforcnartee of the obfigauons securod hereDy.e11 prepard rents and all momes wfi�eh may
<br /> � �,�•.; .
<br /> _;�:.,�._ ' � have been or may hereafter 6e deposded wAh sa�d Trustor by any lessee of the Properry,to secure the payment of any rent or ,
<br /> ;��-`' damagas.or upon defautt in Me performsnce o!any o!the ptov�s+ons hereo�Tnrswr agrees to defnrer auch rents and deposrts to
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<br /> Benefic�ary.Oelnrery of wrrtten notce of 6enefic�an/s exeruse ot the nghte granted herern,to any tenant occdprng sa�d premue3
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<br /> ..,F:,:. - . ahall be sutfiue�i to requ�re said tenant to pay rent to the Beneftciary urrt�l further nohee.
<br /> �'e�;=s; .. 2. CONDEMtVATtON.tf trtte to any part o�the Properry shall be taken m condemnaUon pmceedmgs,by nght of emment domain • �
<br /> _ ,,i,.,. ,, • .�1 or s�m�lar achon.or shall he sold under threat of eondemnadon,a7 ewards,damnges end proeeeds are hereby ass�gned and shnll be
<br /> ' ' � paid to Benefie�ary who shttll appty sueh awards,damages and proeeeds to the sum secare�by tfi�s Oeed of Trust,wrth the exeess.
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<br /> .'•�:�`•. s � A ony,pacd to Trustoc I}Trustor receivos any noLee or othet mformaGOn regardmg sueh acUOns or proeeedmgs.Trustor shull grve ,
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<br /> prompt►vrRten not�ee thereof to BeneF.c�ary.6enefitiary shall be enUtled.at rts option,to commence,appsAr m and prosesut0 m rts �
<br /> � own name any sueh aehon or proeeedmgs and shall be ent!ed to make eny eompromiso or setttement m eonneeteon wRh any sueh
<br /> ;: ' . ' . t echon or proeeadm sa �';_
<br /> '�'�� �.; � ' � 3. FUTURE AOVANCES Upon request ot Trustor. Benet�c�ary at Benefieiary's option.pr�or to rewnveyence ot the Property to .
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<br /> : „ �, . ' Trustor. may make{uture advaneos to Trustot. Sueh future aGvances. v�Rh mterest theteo�.Shpll be seCUrad by this Trust Deed
<br /> +_�;�'��'�. ' when ev�denced Dy p�om�ssory notos stat�ng that sa:d notes are seeured hereby,prov�ded that qt no bme sha!I the setured pnncipal. �
<br /> hrturo advaRees.not melud�ng sums advanr.ed to proteet tt+o secunty,exeead Two Muntlred pereent(20096)of tRO ongmal pnrtC�pal � .
<br /> �'' :,' • . � nmourtis securod horeby - .
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<br /> �'�" . � 4 REMEdIE3 k0T 'cXCLUSIVE. Trusteo and Bonsfie�ary. and eacn of thom, shan be enM!ad to ontorce payment cnd �
<br /> '.�'� ' ' poHormence ot any mdebtodr.ess or obt�gahons secured hoieby ar.d to exercise at�rghn and pow¢rs urtdor M�.s Doed o1 T�ust or
<br /> �,.. � �:, • under any other ag�oemont oxeeutud in COtfn6CttOt1 h0/6WRh O�Nfy Itiw9 n6w 6r�OteUftBt�n f0�C0.nOtwKhStArtdmg sOm9 Or IIII Of the �
<br /> �:.,,: : sueh�ndeDteQness and obl:garons secured horeby may now or nereafter De othern�se secured.whether oy mortqage.deed ot trust i
<br /> �,� ��; p:edgo. ban,ass;gnment or otnervviso.Nertner the acceptance ot this Deed o�Trust nor rts entorcemont v�hothor by court act�on or .
<br /> �r, . ' DurSUant t0 tt+e power o1 Sa�B or o?h9r powers Rere�n eontIIined. shall pr�ud�ce O���any•canner aHeet Trustae s or Benef.c�arys
<br /> ' � . r:ght!o roat¢e upon or entarce any ott+er secur,ty now or nereafter no'd Dy Trustes or Bertetwery.rt be�ng egteed thnt Trus:eo e�d . -
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<br /> 1+-.� � , � BenBfit�ttry. artd BdGh o? L".sm. shpll pe On.M.IAd t0 enfOrc@ thiS Deed ot Tr�st and e�ny o'ner seeur.fr r.ow or nareafter ho�d by � ,
<br /> •''L Ber.eficiary or Trustea m cueR order and manrtor tts they or grt�er o1 t�em may�n the�r tlbso�ute d�SCrpCCn dete�mr.�e >lo�emedy : � ,
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<br />- "f- • � ^9tBi� COnfe«Bd UDO� Ot t@Setv@d f0�'uStBB Ot Bene�c:ary 5 �nt9nd9d to b0 exC�usive ot Any o.�e�remedy �ere�� 0�Dy �i+� � �-
<br /> � :`• oro�r.dsd or cerm:Ced. C�t eac++ srs!1 pe cumuiahye end shan be ��adtlt:o�to a•+ery o:eor rvmedy g�ve� �e•eunde� •�r ^ow o� ; .
<br /> �, ; � �areope� ex�snrg n!�e�w or�� equdy o� Dy statute Eb'0fY DOK9� or•emedy provdad �ereurde.t�+�s Deed o'T��st co '�ustos o� �
<br /> r � e or•cdEtDe�d9�pY �•Q�••r�•••9 to bm8 I•
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