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<br /> - nodHoalbn to�Tr�l��nit�wwftalary.ln iha�vant�+ny F�aftcy ho�ur�dcr la rtot ronawed on w belore fltteen lts►days prlor tp ,`_„_Z---
<br /> � ,:�';;: Its�xplatlon dwt��TrustN a 9�n�fkl�ry m�y proaun woh In�urana�In�oao►d�na�wlth th�provi�lom of P�r�pnph 7. -_ _
<br /> � Ttu�tor�h�ll dNlwr to 6�Mfiol�ry tM orlpind pollol�s of Inwranar�nd r�n�w�ls th�rsof or aopl��of suah pollcl�s and ��,
<br /> , ronsw�l�th�r�oi. F�Ilur�to fuml�h �uoh imuranc�by Tru�lo�,a►�nsw�lt aa nquind hneund�r,shall,�t th�optlon ol y`--
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<br /> ��' � Benellcl�ry.ooneNtuts a d�fu�lt.All un��m�d pnmlum�n�hsaby a�dpn�d to Tnut�e���ddltlonal s�curlly,and��le�od ° °
<br /> '� '���"��~��''~�'� eonwyanc�of th�Prop�Ay by th�Tru�lM shtll op���t�b conv�y to tl►�purohas�r th�TniNOr'�IMa�st In a�io ali poilai�o -
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<br /> — -�-- �° of Ineuanco u�son tho T�uat Prop�Ry.
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<br /> �•��- : !i.T�xM Alld Af�N�111�11t�.Tru�tor�h�ll p�y dl tax��and�p�al�l asssssm�nt�Iwl�d or asNSUd�p�lnsl,o�dus upon,t • -�_--
<br /> - Prop�rty bsior�d�Wnqu�noy�nd wlll d�liv�r to B�Mflol�ry aW��of r�aNpb showln�p�ym�nt of�uch faKps and�p�cl�l �'_-
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<br /> ' 6.Addlf1om11.l�u.Tru�tor sh�ll mNce�II p�ymsnt�of IM�rest and p�lncip�l,and p�yments of any other oh��Q�s,fese,and -
<br /> _"�` . i�'`''°• � :T, sxp�nses cont�aat�d to b�p�ld to any exlstlnp Ilen holdsrs ar prlor bsneflci�rles undsr��y prla Dsed of Trost,Mort��p�or ' -
<br /> -����` . = - oth�r seourity ap►a�n�M.b�for�th�dN�tMy an dNinqu�nt �nd to pt�y any Wh�r alalm whbh�sop�rdlxea tM aowity •
<br /> _ - pr�M�d h�r�in.
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<br /> -- `��� �,??�:'�, !�- 7.ProMc11a� d N�11d�ry's S�a�lr.Should Twator fall to m�ice•�r wrm.�t.f�fl to do any act�e 1wnl� rovided or If +•�'°�=_- _
<br /> s� ��`,'.� 1 � r I It cannNne�d whkh nutal�lly aflecta B�rNficlu�r'a interat io the Prop�rtr. Includln�.but ra1 , ���"-
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<br /> ��^. : ;"`°�""c",. , ;�'�' Ilmltsd to,eminsnt domNn,ln�ol+�ncy.�n��peeNnte or procNdinps MMOlrirt��b an krupl a d�c e r MM.t h m B e n e f t c F a u�o�r�
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<br /> TrustN,but without obllptlbn to do w.and withoul�otics to or demand upon Truator,and wtthout�eleasinp Trustor lram a��mr . � ' � �
<br /> '-,, olWpolon h�nunder,m�y m�k�or do 1M aam�,and m�Y p�Y,purcMase,cont�st or compromise any mcumbrance.charps or `� '.��,:.�.��:.
<br /> '�':` psrty;In sxsrclainp an uY �'�.�,tii;''�
<br /> � Il�n,whlch In th�Judpm�nt of Nther�DMats to�ff�ct wld Pro y such powero,ths 8en�tlal o�Trustes
<br /> - � ,.���-::,;��� - may inau�a Iu�blllry�nd�xpsnd whwt�wr amounts.,ioaiudf�p diubuieii�ints oi re�aor+�Lio ztiamay'a laaa�r�htch fn thek eb� °=�_t=:-: --
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<br /> �F�,_. �� ,, Z�jv,A.�r` wiut�dlscrnlon n�y a n�cses�ry.In tM ev�nt that T►udor shall fall to p�ooure insu��a�cs,fall to p�y taxee and epsal�l ,�•
<br /> , .,q asseNmente or 1�11 to m�ks any paymae�ts to sxlsNny or prior Ilen holdera or banellciarles,t�e Baneflolary m�y procuro such `�.`�j���«�. ':.
<br /> ^ ,". . Insunnc�and mako euch payment�.All suma i�curred orexpended by Benoticlary or 7ruatee In acco�da�ce wlth the provl• ., 1�.�_ '
<br /> " � '�•��'��"� elons of ths O�ed of Trust ars ssourod henby a�cl,wlthout d�m�nd.shNl M Imm�edlately dus and pay�ble by Truetor and sh�ll - --
<br /> � .• n;t;-:���,�� bear Interqt at ths rate providsd for �dvancsS under the Loen Apreenl4mR: ;a�ovidsd,�owever, that at the option of the {�'�' "�!'�.-
<br /> f � BenNlc��v�v or Troste�,suah�ums m�r bs Addsd to ths prinolp�l t�al�noa_pi aa�y Indebtedns�s secured hereby and sha11 bear �-�' -`�
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<br /> �3 ' ";- �`+.�t�:�;� ths��me intersat ae wah Ind�bt�dn�ss�nd eh�ll bs paypbls catabag 4we��he remdninp term the►sof. ��.r=�
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<br /> � 4:;7�,,,,,, .,, ,t, 6,Asd�nt d p�nt�.Bsneflal�ry shdl hwe ths rl�ht,powor a�+d authao'nf►du�ln�i h e c o n t i n u a n c s o f t h i e D e e d o 4 Y r u s t t o �"�`-
<br /> �'' �.` '`�' ��•;'�� �' colloct the rmts, lewss and proflts of ths Property�nd of any psroon�l propsRy loated thsreon with or without takln� �_�
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<br /> �,s,. �'t• pooNSSlon of t h�Prop�rty�fhcted hs�aby,and 7�aa�tor h�reby abaolutely aad uncondlllomlly aesl�ns ael auah rants,la�uss
<br />` ` +��Y" Rnd p►otlts to BuMflclary. B�nsflciw,haweve►,rnereby coneents to the Trustor's Colleatio�and rete�49on A1 au�'h rents, ti ,,,� -.
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<br /> f .. r�•� I�suss and proflta�e they aeoruo anQJ decome payabls so lonp as T►ustor la not at such tlms,In default wd1A�ag�e�ct a�pay �;� r�{ ..
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<br /> �, , , ..::r;�t� . t , m�nt of any Indsbt«iness secureed horeby a I�n the perfo►manoe of any apreemsnt hereunda�. UpOm any aoocNn d�afault, .�•��.ti��a
<br />!Jr'r ;.,�� ' � ,,•, 8snsficlary may�t�ny tims,e�ther in pera�ore,by a9ent or by a receiver to b�Ap�alnted by a court,wtth�u4 nn�l�ce a�fl wllhout c�» ---
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<br />;- � '��'�� ����� � � �%' rp�rd to tRy�daquac ot#ny escuNt ror the i�ebtedness hereby eecured:(a��eniar upon and t�ke pos���alora o��Q�e Prbper- ��E.� ,-
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<br /> ,���w,3f�t(r:,�Girw�f fy or any parl thsraof and'un Its own name sue fpv or r,therwi�s aolleet auch ve�e s,lesuoa�nd proflts,Inofud+ng 99�ae�a�t dus �ul���'-�;t"••-
<br />,�,�: . ,��f{r:•:•••���t'��SI•;�`�'" and un al -
<br /> , , ,�r�•�_�;f f.t.�,.,, p d,end apply the s�me,leas costa and expenses of opeatlon and collectlon,includinp reaaonablo a11vr�ney tees, ���q_
<br /> '� `� �'�� �r�f�� "��`� upon an in 9ebt�dnees aecw�d hereDy and la euch oMer as BerteRlciary may detennlne;(b)perform suah aats of rs nl r or ro- -----
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<br /> ��,�•��.•�?��•fi � :' tsctlon ae may be neceesary or proper b conaerve the value of 1R�e�Prpperty;(c)leaae the eams or any part hereof for auoh ren• �'�� _
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<br /> � �;`,;r f;' r��. UI term�nd upon auch conEltlona aa Its�ud�ment mey dictate.Unlees Truetor and Beneficlary apree otherwlse In wrNinp,any -,T,_,,-�_
<br /> �"` '��'.`�'w"`i}�',�,�• a Ilc�tlon of rents,Is�u�es or proflts to any Indebtedness aecured hereby ahall not extend or poatpone the due date of the in• �.,
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<br /> '� • ,.�1 �ti�. etallmsnt p�yments as provided In the Loan Apreement,and the applicatlon thereof as�foresald shdl not walve or curo any �� �.�,._:_.
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<br /> �"'�' `�'�` ��� dshult or�otice of dst�ult hereunder or Inval�dete any act done purauant to auch notice.Trustor alao eaalqns to 8enaficlary, .+ti�,.::;;
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<br /> � �� °°�"'.� • :,� ����►`�•'�r as iurtMr aaaurity lo►the psr(orma�ce of the oblipatlons secured hereby,all prepaid rente and oll monlea whlch may have r5:,;:�.
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<br /> �% • :;r�= •.,?%,• �� bsen or may hersafter bs depoaltec3 wdin eald Truetor by any lessee of the PropeAy.to aecure the payment of any rent,ond ,_.�. �,�t;.,;:
<br /> } • ,. '���s�� •• • upon defauN In the penoramnoo of any of the provlelons hereof,Truator ag�eea to deliver such rents and depoalts ta the �•.�t
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<br /> ° .��;;j,�,���`:�s•• � Bensflcl�ry.Dsllvery o�written notice of Beneiflcary's exerclae of the rights�granted hereln to a�y tenant ocaupylnp sald j,�_,
<br /> f. ;!�t��T�;^ . premisea aho11 bs aufflclent to requUa sald tenant to pay sald rent to the 8oRelaolary uMH fu�thsr notice. ,'.��,,��•���..::
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<br /> � ;, ..,'��. ,.,rf�.�� • 9.CenQa�nn�tlon.lf tltle to any part of fhe Pro en ahall be takoro in condemnatlon roc�adln s,by ri ht of eminent dvfialn
<br /> •'::�� or simllav acllon,or ehall be aold under threat of condemnatlo�,A•u awar�s,Qamapea and proceeda ere hereby asa���a�ond ' `'Uf��:...
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<br /> -s... , ,�� n • shall ba pald lo Beneficlary who ahall apply euch award,dama�ea and proceede ro the sums aecured by the D�tl of Trust, ' .��.�:r�s�n,•:=_-_
<br /> '�': � wlth the exasa.i f my.pd d to t he True tor. �- �
<br /> ` �� '�`' � 10.Fufun Advanas•The Loen A re�ment rovidea for advancee from tlrt+e to time to Trustor by Beneficlary as provided �•r��...'• `'�
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<br /> . ° . �ai�'�'';�.��.'*;�� , thareln.In addition,upon rsqueat of Truator,Beneticlary,et Beneflciary's optlon,prlor to r�convey�nce of the PropeRty R�the �!i �.'
<br /> - • }'s.•';,:;.::, . Trustor,may maks add{tlonal future a�ivances to the Trustor.Such future advancee,with i�E�+�est thereon,ahall be secn�rad by ,;;::•..
<br /> ;�i,>?',�5;��,•;y�iY�, thle Deed of Truat when avidenced by promlaaory notea atatlnp that satd notes are secuv�U,hereby;provided that at no tlme �' ;�>t�:. _
<br /> � '' f,;,,�,r, ehall the aeaured p►Inclpal and future adrances,not Includlnp aumo advanced to protect the securlty.exceed one hundred per• � ,�,,�'-.:,:.
<br /> ': � .:��,'� er;�' � Csnt(100•h)o( theorlpinal pHnClpe�l amouMasecured hereby. �� •!''j,
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<br /> � � ��' '':���� �•� 11. R�m�dl�s Cumuldlv�.All remedles provided In thls Deed of Trust are diatlnct and cumulative b any other�ight or ; ,,'���: �
<br /> �{��' I� ::V .f�;.`::���,, remedy u�cD�or t hla Deed of Trust or a}iorded by law or equlty.a��i.�ay be exe►cfaed concur��ntly,fndependendy or successlve- ;,..
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<br /> . :,,?�, �,. !�;j�,�+�' 12.AccNM�llon;R�wudMr,Sd�.A default shall exlat In the event ol: . ��''�
<br /> t ., .�, . .,..��;;5�,��, (A) Any fraud or mlarep�sentatlon by the Trustor In connectlon with the line ot credN whlch thfs Deed of Trust aocures:
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<br /> �,;;,.;.�,,; . (B) Any failu�e on the�avl of the Teustor to meet the repaymsnt terms In res�ct to ihe 4.oan Apreement ond any otMr ad• �
<br /> . • tt '' � � ' vance�under thla Deed of Trustt c�oreby aecured;and, �
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<br /> (C) Any action br the Trustor prohd�i t�d by the terms of the loan Aflreement or this Deed vf Trust or any failure of tRe Truator
<br /> �-_-_ _ '�__,� to act as requked by the Loan A9reement or this Deed of Trust.eacb of wericw Trusror hereby ayrees heve an adverse e1• {
<br /> T.-T �---• - - fect on tlw B�n�fieiary's securHy for the Ifne of credit established arrd the riphts of the Beneticiary m sucn seeurity. �
<br /> „ � i�• � end upan ihe happtninp of any euch event of default,Beneflcl�ry may dectare�tl Sums secured hereby Immedlately due and �
<br /> �:i�, � payaGte DY delivery to Trustee of written deClaratlon of defauft The Trustee Shall have the power of aele of the Property,and if •
<br /> , �"«+.;" 8enetFCiary desires fRe P�operty to be sold. It shall deposlt with Truslee thls Oeed ol trust and all promissory notes and •
<br /> � • ' �' ' documenta evcQerteinQ expendNures secured hereby end shatl dellver to Trustee a wrltten notice of defautt and election to
<br /> � •�r• cauae the Pr�erty to be sold.and the Truetea in turn ahall prepare a notice In the lo�m requlred by law.whicA shall be duly Ifl•
<br /> �' � ed for record by Trustee,
<br /> � � . ;• �' (A) After the lapae of such tlme aa m�y be requirad by law tolMwlny the recordatlon ot aaid notice of default,and notice of ;
<br /> � ,., detault and notice of aele havinq baen�Iven ae requlred by Ipw,Trustee.withaut demand on Truator,shall sell the Proper•
<br /> � •.,, ty on the date and at the tlme and place deslpnated In aaid notice ot sele,at publlc auctlon to the hlpheet bldder,the pur• �
<br /> • � � � chaae prlce peyoble In lawful money of the United Stetea at the tlme ot sale.The person conductfng the aale may,for any
<br /> " ' Cause ho daeme expedlent,poatpone the sale from llme to time unt11 it shell be completed and,in every auch cese.notice G
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