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<br /> " by ov�ner's and o�aratata of similar propertiea and as Ban�flc[ary mey require tor iYS protection. Trustor wtll comply
<br /> � � " vrith such other re�uiremants as Beneficir�ry mey from t�ma to ttme request for tha protectlon by insuras�ce of the
<br /> " tnterest of tP�e res�sctive parties. Ali insurance�oltaies mmintairted pursuant to thts Deed of Trust shafl name Trustor
<br /> � and Banefidary as insured,as their�espsctive in4erest may appeas and provide that there shall be no cartcellation or
<br /> madification without�i�teere (15)days prlor vrritten notification to Trustee end Henef�c3sry. IN the even4 any palicy •
<br /> � f hEreunder is noY�enewed on or before fif4een(9 S)day�prtar to its expiration date,Trustee or Bene9iciary may proaure
<br /> - �:� ! such lnsu►ance tn accordanco v+ritP� the provi�ions of Paregraph 7. 7rustor shall del'aver to Bsrteficisry the otlgin$! y -
<br /> ' �".�, --° � policles of insuranCe and renewais thareof or copies of such policpes and renawats thereof. �aiture Yo 4urnIsh suah -.
<br /> c�
<br /> � •�•� � insuranco by Trustor,or renevrals as required hereurtder,shatl,at the option of�s�efidary, constitute a default. AQ
<br /> uneamed premiums are ha�eby sssigned to Trustee as additional aecurity,and a saie and convey�nce ot the Property
<br /> by the Trustee shall opetate to convey to the purchaser YP�e Trustor's interest in and ta ali patidas of in�ursrce upon ,:_
<br /> . tho Trust Proparty. �''
<br /> � � 5, Texes artd Asassamenta• YrusYOr sh�l1 pay a11 Yaxes and speciai assessments tevled or assessed against,or u
<br /> :i an and wilf deliver m�ensflciary copies of receipts showing paymsnt of such �.�"`
<br /> .. � due upon,the Property bafote dehrtqu cy _
<br /> � tattes ant9 special assessments. -- _
<br /> } �, padditiona!Liena. Trustor shall make atl payments of interest and principal,and payments of any othsr charges. v
<br /> � .� fees, and expenses contracted to be paid to any exwting lisn holders or prior baneficiaries under any prior Daed o' _—
<br /> • `.� 'frust,Mortgage or otQter security$greemem, before ths date they ero dellnquent aad to pay any other cla�m whic� —`
<br /> . jeopard#z�as the security granted hsrein. s,;_
<br /> � g, p���gens�icfaey's Sapuity. Should Tcustor fail to►�.ske any paymem,faif to da any act as hsrein F�
<br /> `':::,��:'. 4� :'•; provtded ar If airy actton or proceed[ng is commartced �F��ch materiE'.Sy affecLg�ert�c€ary's interest in tfse ProPert�.
<br /> � .�'�S including but no ftm�ted to, emirtent domain. insoivertcy, arrsngEmsms ar �raceedings invotving a trenkrup2 or ���.
<br /> �. ��' � clary or Trustee.but�viihout obll8ation to d¢�cs,:s'�d�rtit���t notice to ar demaRd u�an Trustor, `=
<br /> � ; deceQent.then��R�c
<br /> . and without rels�!s� Trustcr hom any a�[�galion hareunder, m�li �'�'�t��c cfa 4he same, and may p�;+e purc?��c�, ���_
<br /> contesi mr compromise andyt a�aumbra��e, charge or lien, whis�i ir��1ie;�adac-zrant of eitPier appsars ta s�ffect ss'.� "
<br /> Property;in exercising any suc€�pawers,the Bonef�cta�+�r Trustee may irtcur a li�'aifity and expend whatsvs�amounts, ��
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<br /> , .• �� including disbursements of�easonable attamay's fe�. us►hich in their absolute aliscret3on may ba necessary. In the
<br /> event that Trustor shall fail to procure [�r.zance, fail to pay taxes snd special assessments or fail to make any
<br /> � ; � r( priyrt�ents to existin8 or prt�r lien holdees au L�sneficiaries,the Bsrteficiary may procure such insurance and make such -
<br /> � 1 Qgy��. AD sums incurrad Qa expended by Benefi�i�:ry or Trustee in accordance with the provisions of the Daed of
<br /> Y�u�t+sra secured hereby ertd:,vsti�out demartd,shall ts¢i�nmedtately due artd pay��ie by Tru�tor and sh���3r interest
<br /> . � at the rete provided gor ed��rr.�cW unsaY th�Loan Agre3m�nt;provided,howsv�sr�chat rrtt the option o4 tltQ(ianeficiary _
<br /> or Trustee,such s�l�s ma�7 I��s adde�to this prineipal balance�f�sy i�dabte�:�ass secured hereby and�h�9 bear tha
<br /> . . �',, same interest u�auch inde�tataess and sP�atl ba payable ratebfy av�r tfie rernaining term tRsreof.
<br /> , � g, putgnm�eM of Re�sts. (�aneftciary shall hava the rig�t,pow:�and au4har'ty duringthe continuana3 ag�'sis Q!�
<br /> of Trust to col;ect the rents,issues and profits of the ProRarty end of any ps��1 ProA$rtY�o����'�����`��
<br /> without taktrtg pas�ession of the Proparty affected hereby,and Trustor hereby�:�solutely and uncondiYtan.:'.:y assigns
<br /> all such ronts,isEUas artd pro�ts�to Benefic�ory. Banafi�tary,however, hereby consents 4o tt�e Trustor's c:.:lact:on and
<br /> retention of such rents,issues and prof:t��they accnie and trecome payatrle so lortg as'T"rusiar is not,at such Y�mc��.
<br /> in default with respact to paymam of �rry indebta��ess secured hereby or i� the pe�formance of any agreerrt¢��:
<br /> � � heraunder. Upon any suct�default,Beneficiary may �st any ttme,either in Rersan, by egent or by a receiv�r to be
<br /> ;'=�;:... •.;' appo3nted by a couR,wtthout notice and without rogrc�9 to the adequacy of r�sy securlty for the tndebtefness hereby
<br /> �+�'_ �. ` � secured: !a) enter upon and take possession of the Property or any part tira�eof and in its o�n �ame sue for or
<br /> � � ;; � otharniss celled•s�r�ch�ents,issues and prof�ts,lnclud3ng those nr�t due�nd unpoid,an appiy the same,tass co�ts
<br /> � " � ° ' and expenses ai�a�rsration and coilection,including reasonable at�ate�fs�,upon any indebtedness securad hereby
<br /> :.r.a'•,'; .
<br /> '�-�'•r� and In such order as Benefici�ry may determine:(b) perform such act,o f r6pair or protection as may bo necessary or
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<br /> '_,��;�7„r. ;i = pro�aer to conseroe 4he value of tho S�roperty:lc)lease the same or any part her►aof for sucl�rental term and upan such
<br /> ` � condiUons as its judgment may dictate. Unless Trustor and Berteficiary a�ree otherwlsa in wrlting,anv application of
<br /> ��� -���• ��`;; " renta,issues ar profit.s to�ny indebiednass secured hereby sha11 not extend or postpone the due deta of the instaiiment
<br /> "'�'�t�-'p�'���� • payments as provided in the Loan Agracunent, and the apptication thereof as aforesa:d ritti�::l not waive or cure any
<br /> ''°"� �•� � def��lt or notice of defauli h°reunder or invalidata fs+�y act Qone pursuant to such natice. T�ustar$fso assigns to
<br /> �.3;.;.•:.•.
<br /> '''j�i�� �s° • �. Beneficiary,es turther aec�uity far the psrformance at t!:e obiigations secured heraby,s11 prepa3d rec�t��n�d all monies _
<br /> • � • •� v+ihich may hav3 been as�nai/hereafter be depasited with said Truutor by any lessea of the P�aperty, s�secure the �_
<br /> :' '��j,�,� payment of any rc�.�,4n¢ upon dotault in the performance of any of the provisions hareof,Trustar sgrees to detiver
<br /> •�`��� such renta nnd�4t�asit3 to the Bennflciary. Delivery of written nrsttce of Beneficiary'u er.arci3e of Eha�ights granted
<br /> ss,.;, hnreln to eny tc�ant acra�pV'.rtg said premisou sh�'1 be sufftciont to requiro aeid tenant to pay srti•�f rent to ti�e
<br /> Bene�ciary until further noti�o.
<br /> ''`.��� . �•�� `-� 9. CondemnetIon. if titio to any part of the Pra;xefty shall be taken in condemnation proc¢odin�n,by right of
<br /> aminent domaln or simiiar ecttan, or�hB.l tso sctd ur�er threat of condemnation,sU owr�r�3,darr.u�ea end proceeda
<br /> are her�by asslgned and shel!be paid to Qeneflciery who sfiall apply such eward,dumaQn�a�.d proc2ods to tho sums
<br /> secured by Yhe Des�of Trust.�vith th�oxces�,if any,paid to the Trustor. _
<br /> .; ; 10. Futurs Advances. The Loan Agreoment provlde�tar edvancos from timo to tlmfl to Trustar i�y BenoflCiary
<br /> •- ' � as provided therein. in eddition, upon reque�t of Trustor, Bflnoficiary,et Benoficiary's option, prior us�econvoyartce _
<br /> � of tho Property to tho Tru�tor, may make additional future advanaas to tha Tru�tor. Such future advancfl3, with
<br /> • interest thsrean,uhai!bs secura�by this D�ett of Trust when ovi�encod by promissory r►ates statirtg that said notes !
<br /> � aro sa�urad hoteby; provided that�t rto tlma shaU the secured principal and futuro advances, rtot inctuding �ums ..
<br /> � advancsd to protest the seaurity, oxcead ono hundrad porcent i900Sb) of t�o originaf principal nmount, sec�ro�
<br /> hsroby.
<br /> ' ' 17. Remedies Cumulative. Ap romadies�rovided in thls Oeed of Trust are distinct and cumulative to any other
<br /> . ' right o� ramedY urtdnr this DeBd of T�ust or afforded by lar� ar equity, and mny ba oxetc3sed cortcurresnUy.
<br /> � • endopendentty ot succ�ssivofy. �i -
<br /> , 72. p�ce�a►atian:R�3Jf1E�IE9;&�a. A d�g�ult shail exist in thfl event of:
<br /> _ : , _.. ..,_ . 1 �nj p,�,�}��te�nr misrep�essntation by tho T�ustor in conncation v�ith the line of crcdit��hich this Oeod of Trust
<br /> . • sE�uro�; .
<br /> _ • aoe-a
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