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R� <br />7 <br />f <br />g1_100W i <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. <br />D <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 <br />tk <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 <br />? ' <br />issues or profits to any indebtedness secured hereby shall not extend or postpone the due of <br />t <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• <br />! <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. <br />`' <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- <br />y} <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 <br />D <br />