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89106304
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Last modified
3/7/2012 4:10:01 PM
Creation date
10/20/2005 10:18:30 PM
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DEEDS
Inst Number
89106304
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+ �-- _.. � � <br /> I� � <br /> � � <br /> 89-= ip630� <br /> compan3ae acceptable ta tt�e Beneficiary. Such fheuranae <br /> � pollcy ehall contain a etandard mortgagE+ olause in favor of <br /> � Beneffciary, Truetar ahall pramptly repair� maintafn and <br /> . replace the property or any part therenf� eo that . except <br /> for ardinary waar and tear• the praperty ahall not <br /> det�riorate. � <br /> � 5. In the event the property. or any part theroof. <br /> ahal� be taken by aminent d�main� the Beneficiary ie <br /> entitled ta collect and receive all compen�+atian whiah may <br /> be pafd for any property taken or for damagea to praparty <br /> nat taken� and the Beneficiary ahall apply such <br /> compeneation. at its option. either to a reduction of Che <br /> indebtedness secured hereby. ar to repair and reatore the � <br /> property ao taken. .� <br /> 6. The Peneffciary may� but shall haae na obligation <br /> to� so any act which Trustora have agreed but failed to do. <br /> and the Beneficiary far the abave purpaseg� and any sum eo _ <br /> expended shall be added to the indebtadnese secured hereby ; ` <br /> ' and become eecured by the lien hereaf . The Ben�ficiary <br /> . • shall not incur any lisbility becauae of anything it may do ��_ <br /> or amit tn do hereunder. . <br /> � 7. The Henc�ticiary ehall have the right, pawar and � <br /> � authority during the continuance of thia Deed of Truet to <br /> �� callect the renta� iasuea and profits of the property at�d of <br /> any peraonal property located thereon with or without taking <br /> ' paesesefon of th� <br /> prnparty affected hereby, and Truatars <br /> i he�eby absolutely and unconditionally asaign all such rents, � <br /> � i�suee and prafite to the beneficiary. The beneficiary. <br /> ihowever. hereby conaenta to any fndebtednese secured here�y� <br /> or fn the perFormance af any agraement hereunder. If any <br /> " ; event of default desc�-ibed hereafter fn reapect to this Deed � ��. <br /> j of Truat sha12� have occurred �nd be continufng. the ' , <br /> � � Beneffciary, as a matter of right and with�suC notxce to <br /> ' Truators or anyone claiming under Truatora� and without • � <br /> � regard to the value of the trust est�te or the intereat of • <br /> �� the Trut�tora therein, shall have the right to apply to any j <br /> court havfng jurisdictfon to appofnt a rece�ver of the ' :� <br /> i pragerty. <br /> , 8: The Beneficiary. or its agents. are authorized to <br /> � enter a� any reasonable time upon or ih any part of the <br /> � property for the purpose nf inapection the same argd for Lhe <br /> . p»rp��e of perfc+rming any of the acts ttse.y are authorizod ta <br /> perfarm under the terms of any loan instrumenta executed by <br /> � -3- c• <br /> �-_-_- _- <br /> I <br /> I <br /> � <br /> � • L.... � <br /> � <br /> � � <br />
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