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<br />r J /rrJr ��t rw��� !` :�. :�•f :,�tY•lib"�= '�xa�r
<br />without Iimhtotion; fines and im-
<br />S, Tetteet •eeemili ester ael amps. Trustor thou pay all taxes, oss issmods and other charges, including, - =-
<br />positions owlinitobb to the Property, and leasehold payments or ground reds, if any, before the sane become delinquent. Tremor shall promp-
<br />tly furnish to Beneficiary all nutlet: of amounts duo untie► this paragraph, -
<br />promiptly furnish to Beneficiary receipts evidencing Rich paymems. Trtntor shall goy all tares txd ossesrrrnetnts which may be levied upon • ; - ^ —_ti —
<br />Benefkiory's Merest herein or upon this Dud of Trust without regard to any low that may be enacted imposing imposing payne
<br />of the whole or any l..
<br />part thereof upon: the Bernefkiary. .rr •'cs
<br />I's Trustor shall mdse oil payments of interest and principal and payment of any r. r- _, - =. •
<br />6. Alreieer fleet eel Protect in d Deeefklerr fittserity. prbr betnsficklries order any prior deed of trust or mar.
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<br />other charges, fees and expenses confrocted to be paid to any existing liettlsoldera or dm the
<br />Pay and discharge any and all other liens, cloinns a charges which may IpPar
<br />tgoge before the dote they are delirWuent and promptly
<br />{ {{ security granted herein, If Trusts fails to make any such payment or falls to perform any of the covenants and agreements contained in this ;1y/
<br />which moteridlly affects Beneficiary's in-
<br />Deed of Trust, or in any prior mortgage or deed of trust, of if any action or proceeding is commenced
<br />but in the Property, including, but not limited to. eminent domain proceedings, ar proceedings involving a de to o rid m if Trustor Trustor and
<br />option and without notice to ar dttttnornd ups
<br />Trustor's debts generally as they became due. then Beneficiary, at Beneficiary's
<br />Trusts from any obligation hereunder, may make such oppeorances, disburse such sums, and oleo such action as is necessary
<br />without releasing chase. contest or tom•
<br />to protect Beneficiary's interest including, but not limited to, disbursement of reasonable ottomey's fees, pay l
<br />charge or lien, and entry upon the Property to make repairs. In the event that Trustor :fall fail to procure in-
<br />promise of any encumbrance,
<br />i payments to existing for lien hoklers or beneficiaries. Beneficiary
<br />swance ar to goy taxes, assessments. or any other charges or to make any pay n0 Pr
<br />to this Pa ragraph 6 still become additional
<br />may procure such insurance and make such payment. Any amounts disbursed by Beneficiary pursuant • .
<br />Pay-
<br />indebtedness of Trustor secured by this Deed of Trust Such amounts shall be payable upon notice from BeeeficiorY to Trustor requesting pay „_ •x Fez
<br />on outstanding the
<br />from time to time anding principal carder
<br />men, thereof, and shall bear interest from the date of disbursement at the rate payable
<br />of interest at such rate would be contrary to applicable law, in which event such amounts shall bear interest at the highest
<br />Note unless pay ment
<br />rote permissible under applicable low. Nothing contained in this Paragraph 6 shall require Beneficiary to incur any expense or trice any action
<br />l hereunder. lect
<br />7. Aesigeweat of Reefs. Beneficiary shall have the right power and authority during the continuance of this Deed of Trust tocol the
<br />taking of the proper y offected
<br />rents, issues and profits of the Property and of any personal property booted thereon with or without possession
<br />and unconditionally assigns all such rents, issues and profits to Beneficiary. Beneficiary, however, hereby
<br />hereby, and Trustor hereby absolutely
<br />consents to the Trustor's collection and retention of such rents, issues and profits os they accrue and become any are so long as Trustor is not, ,
<br />of any agreement hereunder. Upon
<br />at such time, in default with respect to payment of any indebtedness secured hereby, or in the performance
<br />default, Beneficiary may at any time, either in person. by agent, or by receiver to be apps; Reed by a court. without notice and without
<br />any such
<br />regard to the adegtertry of any security for the indebtedness hereby secured, (a) enter upon and take possession of the Properlylor any part same.
<br />for otherwise collect such rents, issues and profits, including those pis" due unit unpaid, and app Y
<br />thereof, and in its own name sue or
<br />fees, upon any indebtedness secured hereby. an
<br />less costs and expenses of zwrotion and collection including reasonable attorneys d in such
<br />may be necessary or proper to cor.serve the value of the
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<br />order as Beneficiary maw determine; (b) perform such acts of repair or protection as
<br />any thereof for such rental, term, and upon such conditions as its judgment may dictate or terminate or ad
<br />Property: fcl lease the same or Part
<br />just the terms and conditions of any existing lease or leases. Unless T -6slJr and Beneficiary agree otherwise in writing, any opplicot?an of reins.
<br />dote the installment payments as provided in said
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<br />issues or profits to any indebtedness secured hereby shall not extend or postpone the due of
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<br />promissory note or thongs the amount of such installments. The entering upon and taking possession of the Property, he collection of such
<br />defaul t or notice of default hereunder, or in-
<br />rents, issues and profits, and the application thereof as aforesaid. shall not waive or cure any
<br />to such notice. Trustor also assigns to Beneficiary, as further security for the performance of the obligations
<br />validate any act done pursuant
<br />secured hereby. all prepaid rents and all monies which may have been or may hereafter be deposited with said Trustor by any lessee of the Pro•
<br />of t hereof, Trustor agrees to
<br />mance of any
<br />party, to secure the payment of any rent or damages. and upon default in the perfothe provisions
<br />to Beneficiary. Delivery of written notice of Beneficiary's exercise of the rights granted herein, to any tenant oc•
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<br />deliver such rents and deposits
<br />cupying said premises shell be sufficient to require said tenant to pay said rent to the Beneficiary until further notice.
<br />of the Property shall be taken in condemnation proceedings, by right of eminent domain or similar action.
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<br />I B. Ceedinswatkm. if title to any part
<br />be sold under threat of condemnation, all awards, coinages and proceeds are hereby assigned and shall be paid to Beneficiary who shol
<br />or
<br />apply such awards, damages and proceeds to the sum secured by this Deed of Trust, with the excess, I any. paidAO Trustor. If Tra,stor receives
<br />I infcrmolion regarding such actions or proceedings. Trustor shall give prompt written notice thereof to beneficiary.
<br />any notice or other
<br />Beneficiary shall be entitled, at its option, to commence appear in and prosecute in its own name any such action or proceedings and shall be en-
<br />titled to make any compromise or settlement in connection with any such action or proceedings.
<br />lie Not Exclusive. Beneficiary shall be entitled to enforce payment and performance of any indebtedness or obligations secured
<br />9. R ewes
<br />hereby and to exercise all rights and powers under this Deed of Trust or under any other agreement executed in connection herewith or any laws
<br />hereby may now or hereafter be other-
<br />now or hereafter in forte. notwithstanding some or all of the such indebtedness and obligations secured
<br />by deed of trust. pledge. lien, assignment or otherwise. Neither the acceptance of this Deed of crust nor its
<br />wise secured, whether mortgage.
<br />enforcement whether by court action or pursuant to the power of sale or other powers herein contained, shall prejudice or in any manner affect
<br />held by Beneficiary. it being agreed that Beneficiary shall be
<br />J Beneficiary's right to realize upon or enforce any other security now or hereafter
<br />Deed Trust and any other security now or hereafter held by Beneficiary in such order and manner as it ,mav in its ob-
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<br />entitled to enforce this of y other re
<br />solute discretion determine No remedy herein conferred upon or reserved to Beneficiary is intended to be exclusive of an medy herein
<br />be in addition to every other remedy given hereunder now or hereafter
<br />or by low provided or permuted but each shall b-e c.rr'ulative and shall --
<br />I existing of law or in equity ar by statute. Ever, power or remedy provided hereunder this Deed of Trust to Benef•ci�•y o* 'o which it may be
<br />often as may be deemed expedient Beneficiary
<br />j otherw se en-fled, may be exvtised corcuren'w or independently from time to time and as
<br />i and it may pursue incons�ston� �e^ a yes Uatmng herein shol be construed us prohibiting Benef.ciary from seeking a deficiency jurll:rnent against
<br />the Trustor to the ethr• sucn ornan is pe-r•itted by low
<br />10. Transfer of VmVerty, Assvweption. 0 all or c -v -art of the property or any interest there R .5 sold t- angferred or conveyed by Trustor
<br />to this Deed of Trust, (b) the c►ea -
<br />without Beneficiary s pia- w•i -Pr :cr se ^' excludirg 1-3) the creation of o lien or encumbrance subordinate
<br />�.. _ ..r L.,...— the 4"th of a
<br />j lion of o purchase money security mte'res• Oar household appliances. (c) a transier by devise oru« in -r „N-r� = -^ -._.. ._ __ _
<br />joint tenant or (d) the grant of any leasehold interest of three vears or less not contair,rg an option to purchase. Beneficiary may, at
<br />file
<br />Beneficiary s option, declare all the sums secured by this Deed of Trust to be immediately due and payable. or cause the Trustee to a nonce
<br />to if. to the sale transfer or conveyance Beneficiary and the person to
<br />of default. Beneficiary shall have waived such optcan accelerate prior
<br />whom the property is to be sold or transferred reach agreement in writing that the credit of such person is srst :factory to Beneficiary and that
<br />the interest payable on the sums secured by this Deed of Trust shall be at such rate as Benef --ary ,WWII request
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