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<br /> S. T6xo�, A��o��m_.�f�,�qd G�arpDi. ituitor sh d! pa}• all tp�C�, ossecsmcnfs ond�Ilirr ch�i:t���s, ini lu;ling, witl�a�i' I�niit�tian, fin��s n:td i�it•
<br /> {�sit�u��c ut rri�utal,l� to thr Pi on,:rty,a��d laosehold pnyments oc ground renis, if nny.Uofurc tl•,e sarne beCO.nc dc�inq�:cnt.Trusl�r sha;l promp�
<br /> tl� turrii�l►to Oaneticiary nll notices oE rmaur�fs duo unda�tA{s paroproph, c�nd M�l10 avant Trus�or 31�al1 muku payiti+ont cGracfly�� Truaro�sl�all
<br /> � promTtly turni'sh to Renefic�ory receirlx �vicla�tcin� sucl� poy�nenls. 7rustor shall �ay ol! taxes ond ossessmenls ►+Is;ch nzny be levied upon
<br /> llc�i�H,iury's intorost hniein ur upon lhis O��cJ oE T�util rrilhnut IQ(jUfll 1p Utly I(1�Y 1IIU) tltpy �� enucicd iin��osi+iy paymen► oi thn vrhole or any
<br /> � E�ort Ihcreof up�n tho Deneficiory,
<br /> G. AddHloaal llen� nnd PraUetlon oi Ban�llclarr't S�w�lt�. Truslor shall makv all paymonts of interost and principul nnd paymams of ony
<br /> olhar char�as, foos and u��+ensos cai�truclud to be paiJ to uny existln{�lionholdors or prior benQliciaries under any prior deed oE Irust or mor-
<br /> tpa�o 1�eforo the dnlo they aro delinquent and pron,ptly pay and discharpo any and all other li�ns,cluims or charqas �vhich inny jeopardiio the
<br /> � securily p�antnd liorein. li Trustor fails to make any such payment or tnils to perform any of th�cove�unts and apruoments contoined in tl�is
<br /> Deed of Trust, or in any prior morl�oge or deed of 1rus1, of if nny action or proceeding is commenced wl�ich moterially otfects Qeiiet9ciary's in-
<br /> teresl iit tl�e Property, including, but no�limited to,eminent domain proceedings,or proceedings involving n decendent,or if Trustor fails to pay
<br /> Trusior's debts generally as lhey become due, tl�en Ueneficicry, at Beneficiary's aptio�� and without notice ta ar demand upon Trustor and
<br /> � wiilioul releasing 7rustor from any obligation hereunder,may make such appearances,disburse such sums,and take sucl�action as is nocossory
<br /> lo proteel8enofitipry's i„teresi including, but not limiter� to,disbursement of reasonable attorney's fees,payment, purchpse,contest or com-
<br /> � pron�ise of any encumbrance. churge or lien, and enlry :�pon the P�operty to make repairs. In the ovenf that�rustor shall fait to procure in- ,
<br /> surance or to pay taxes, ossessments, or any other char�es or to make any payments to existing prior lien liolders or beneficiaries, Eieneticiary,
<br /> may pracure sucl�insurance and make such payment.Any nmounts disbursed by Beneficiary pursuant to tfiis Paragropl�6 shall bncome additional
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<br /> �-� �- �-� IIlU0�1CUCll`5S 01 IfU510( SCCUIEU Uy 1111? 17L'B13 VI IIUSj. JUL,1 U�UUUI1�> >��tl�l�tl}�:iyuui� u�iu.�uvi��e i���u ur.ne��uu�) iJ TiuS�vi ieyUi:Siii�y Nu'j-
<br /> nient IhereoF, and sliall bear interess irom ilie dote of dis6ursement at the raPe paynble Irom time to time on outs►anding principal Under the
<br /> t•lote utiless payment of interesl at sutli rate would be conlrary to applicable low, in which event such amounis shall 6ear interest ot the higliest
<br /> , rate permissi6le un;ler applicable low. Nofiiing c�nlained in tliis Poragraph G sl+all require Qeneficiary to incur any expense or take any attion
<br /> hereundcr.
<br /> 7. A�slpamont o} Rents. Uoneticic,ry shnll hove tlio right, power and authori►y during the confnuance of �h�s Deed �f Trust to collocl the
<br /> renls, issues cn�proFits of tlie Pro��eTty arid of ony personal pruperfy located tliereon witli o�will►�ut taking possession of the property atfecled
<br /> hereby, ond Trus'or I�ereby ubsolutely ond unconditionally qssigns all such rents, issues and pro(its to Beneficiary. Beneficiary,however,tiereby
<br /> , consenls so cl�s Trustor's collection and reTention ot such rents, issues ond profits as tl�ey accrue and become payable so long os Trustor is not,
<br /> ' ::Q sucli tir:ie, in defuuft tiviti�respect to payment ot any indebtedness secured hereby,or in the performante of any agreement I►ere�nder. Upon
<br /> any sucli d�fat�it, Benet:ciary moy ot any:ime, either in person,by agent.or by receiver to be appoinied by o tourt,without notice and withou!
<br /> � �eaard to the adequocy of any security Eor the indebtedness liereby secured, (a)enter upon and take possession of the Properiy or ony pprt
<br /> � thereoi,and in its own na�e sue for or otherwise collect such rents, issues and profits,including tliose past dus ond unpaid,and apply the same, '
<br /> �ass cost$ and expenses oi operotion and collection, including reasonable attorneys fees, upon ony indebtedness secured hereby, and in suth � .
<br /> - - ^w'�2i vS °ve':Rv'f'n^i^v:y:i�j;�8:8:fi1.Atf: (:3j�v^•tf37.ii SJ^.t:aL:S at r�raif:.:��8:::.::BZ L`S:�':8���r,s�sss;r; �'^y�BM�'!II C�.^.S�i.�i�:�..^.�t78 L`f!::� � -
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<br /> Properry; (t)lease the same or any pari thereof for such rental, term,and upon such conditions as it s judgment moy dictote or terminate or od- '--=_
<br /> just the ferms and tonditions of any exisiing lease or leases.Unless Trosfor pnd Beneficiary agree olhertivise in wriling,any applicotion of reNs, r_='
<br /> issues or profits to any i�debted�ess secured hereby shall not extend or postpone ihe due date of the insiallment payments as provided in said �� -
<br /> promissory note ar charyz the amount of such instollnients. The entering upon ond taking possessiun of the ('roperty, the co{lection of such �
<br /> rents, issues und proiils, end the oFpl6cntion thereof as aforesaid. sholl not waive or cure any default or nolice of defoult hereunder, or in-
<br /> vulidate ary utt �one pursuont to suth notice. Trustor also ossigns fo Beneticiory, as further sewrify for the performance of the obligations �
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<br /> secured heiebi,011 prepnid rents and a'.1 monies which may have been or may hereafter be�epositrd wilh saii;Trustor by any lessee of the Pro- �
<br /> perty, to secure the poyment o(ony rent or domages, and upon defcuH in tlie performance of ony of the provisions I�ereof, Trustor agrees to
<br /> aeliver s�ch rents and deposits to Usneficiary, Delivery of wrilten notice of Beneficiary's exercise of the���hts granted herein, to any tenant oc- '
<br /> cupyinfl saio premises sliall be sufficient!o require said tenont to poy said rent to the 8eneficiary unti� further notice. �
<br /> iU.Condcmnation.If titl�10 any porf o(ilia Proporty sliall bo taken in condemnotion proceedinQs,by riglif of eminenf�lomain or similor ottion,
<br /> or shaq be soid under tl�reot oi condemnotion, oll awords, damoges ond proceecs ore hereby assigned and shall be po;d to Beneficiary who slyal( , "
<br /> opply sucli own;tfs.damages and proceeds to the sum setured by lhis Oeed of Trvst, wiih the excess, if any, paid to Tcustor. If Truster reteives ,
<br /> a��y notice or other information regordi�i� such pC1t0115 or proceedings, Trustor shall give prompt �v:itten notice thereof to beneficiary. ;�
<br /> Otneticinry sP�aN bo entitled,ot its opt+on,to commence,appear in und prosecute in its own�ome ony such action or proceeJings ond shall be en- � ;,_-
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<br /> _ iitled fo:ncKe any co�npromise or settlemem in connection with ony such oction or proceedinys. 1��°—_
<br /> 4. Remedios Not Exslusive. Ben�ficiary shull be entitled to enforce payment ond performance of cny indebtedness or obligations secured '
<br /> he�e'.�y ond to exercise all cights and powers under tliis Qeed of Trust or under ony other pgreement executed in connection herewith or any laws
<br /> now or liereafter in iorce,notwithstanding some or oll of the such indebtedness ond obligotinr.s secured hereby moy now or hereafter be atlier- � `
<br /> wise sec�red, whether by morigoge, deed of trust, pledge, lien, ossignment or otherw;se. IVeither the acceptance of th�s Deed of Trust�or its
<br /> enfvrcemerat�hether by court action or pursuont to ihe po•rrer of sale or oiher powers fierein contoined, sholl prejudice or in any monner affect
<br /> Ber.eticiary's:igh! !o scolizo uper:or e��fvsce ar,y other security no•rr ar hercafter hald by Beneficiory,it beiag ogsce� that Beszeiicic,-y shal!he
<br /> . entitled to enforte this D2ed of Trust anc�ony fllher security now or hereoiter s:sld by Beneficinry in such order and manner as it mo�e in its ab-
<br /> solute discreeion determine.No remedy lierein conferred upon or reserved to Qeneticiory is intended to be exclusive of nny other remedy herein
<br /> or by law provided or permitted,but each shop be cumulative and st�pll be in addition to every cther remedy given hereunder or now or hereafter
<br /> � existing at law or in equity or by slatute. Every power or remedy provided hereunder this Deed of Trust to Beneficiary or to wt�ich it moy be
<br /> oiherwise enfitled, moy be exertised, tonturrently or independently, from t+rre to time ond ns oNen as may bc deemcd exped�ent Beneficiary
<br /> and it may pursue intonsistant remedies.Nothing herein shall be construed as rrohibiting Qeneficiary from seeking a deficiency judyment against
<br /> �I�e Truslor to the extent such oclion%s permitted by low.
<br /> �. 10. Trar.sRer of PropQrlyJ Assumpfion. If ull or any port of the property or ony interest ttierein is solcl, tronsferred or conveyed by Trusior ,
<br /> without Beneficiory's pri:r written consent,excluding (n)the creation ot a lier.:r enccm�rance subordinote to th�s Deed of Trust, (b) the creo-
<br /> tion of u purtlinse mor.e�securily interest for household opplicnr,es, (c)o tro;:sfe�by de�ise, descent or by operation of iow upon the deoth of a �
<br /> joinf tenant or (d) tlie grant of ony lensehold inlerest of three yeors or less not ce�t�ining on option to purcl:nse, �eneficiary may, ot '
<br /> i;cnefitiory's oplion, dec(ore all tho sums secured by this Deed qf Trust to be immediate:f c:;e a,ld puyable,or cause tl•�e Trustee to file a notice
<br /> of default, EZenelicinry shnll have v+aived such oplion to uccelorote if, prior to �he sole, lransfer or conveyonce. [lenefir.nry and the person to
<br /> � who►n the pro�erty is to be safd or truns{erred reach ogreement in writing ih.+� Ihe tredit of such pr.rson is Sotisfactory}p(ieneficiory ond fhrit
<br /> thr intere;t p��yrb!e ori She Surns setvred by tl�is��eJ oE lrust;ho{1�c��t Surl��crte��;Deneficiary �hoti rr�;;r�st.
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