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•r. !NSURANCE. Trustor, at its expense, will maintain with insurers approved by Beneficiary, insurance with respect to the Improvements and personal property, constituting the Property, against toss by fi:,¢; ilghtring, tornado, and other perils and hazards covered by stand ird extender: coverage endorsement, ;:i an amount eq,ial t, ..t loN ct one hundred percent of the full replacement vaiu,,) thereof and insurance against such other hazards pod in such amounnts a, is customarily carried by owners and operators of s milar properties or as Beneficiary may require fords protection. Trustor wil! comply with such other requirements as Beneficiary may from time to time request for the protection by insurance of the interests of thF respective parties, All insurance poiicies maintained pursuant W this Deed of Trust shall name Trustor and Beneficiary as insureds, as their respective interests may appear, and provide that there shall be no cancellation o. modification without no less than 15 days prior written notification is Trustee and Beneficiary. In the event any policy hereunder is not renewed on or before 15 days prior to its expiration date, Trustee or Beneficiary may procure such insurance in accordance with the provisions ref'paragraph A.6 hereof: Truster shall deliver to Beneficiary the original policies of insurance and renewals thereof or memo copies of such pclicie.: and renew•.r.ls thG•r^of. Failure to furnish such insurance by Trustor, or renewals as required hereunder shall, at the option of Beneficiary, constitute a default. 5. TAXES, ASSESSMENTS AND CHARGES, Truster shall pay all taxes, assessments and other charges, inciudrrg, without limaation, fines and impositions attributable to the Property, and leasehold payments or ground rents, if any, before the same become delinquent. Trustor shall promptly furnish to Beneficiary all notices of amounts due under this paragraph, and in the event Trustor shall make payment directly, Trustor shall promptly furnish to Beneficiary receipts evidencing such payments. Truster shall pay a!I taxes and assessments which may be levied upon Beneficiary's interest herein or upon this Deed of Trust without regard to any law that may be enacted imposing payment of the whole or any part thereof upon the Beneficiary. t 6. ADDITIONAL LIENS AND PROTECTION OF BENEFICIARY'S SECURITY. Trustor shall make all payments of interest and principal and payments of any other charges, fees and expenses contracted to be paid to any existing lien holders or prior beneficiares under any prior deed of trust or mortgage before the date they are delinquent and promptly pay and discharge any and al! other liens, claims or charges which may jeopardize the security granted herein. If Trustor fails to make any such payment or fails to perform any of the covenants and agreements contained in this Deed of Trust, or in any prior mortgage or deed of trust, or if any action or proceeding is commenced which materially affects Beneficiary's interest in the Property, including, but not limited to, eminent domain proceedings, or proceedings involving a decedent, or if Trustor fails to pay Trustor's debts generally as they become due, then Beneficiary, at Beneficiary's option end without notice to or demand upon Trustor and without releasing Trustor from any obligation hereunder, may make such appearances, disburse such su and take such action as is necessary to protect Beneficiary's interest, including, but not limited to, disbursement of reasonable attorney's fees, payment, purchase, contest or compromise of any encumbrance, charge or lien, and entry upon the Property to make repairs. In the event that Trustor shall fail to procure insurance or to pay taxes, assessments, or any other charges or to make any payments to any existing prior lien holders or beneficiaries, Beneficiary may procure such insurance and make such payment. Any amounts disbursed by Beneficiary pursuant to this Paragraph A.6 shall become additional indebtedness of Trustor secured by this Deed of Trust. Such amounts shall be payable upon notice from Beneficiary to Trustor requesting payment thereof, and shall bear interest from the date of disbursement at the rate payable from time to time on outstanding principal under the Note unless payment of interest at such rate would be contrary to applicable law, in which event such amounts shall briar interest at the highest rate permissible under applicable law. Nothing contained in this Paragraph A.6 shall require Beneficiary to incur any expense or take any action hereunder. B. IT IS MUTUALLY AGREED THAT: 1. ASSIGNMENT OF RENTS. Beneficiary shall iave the right, power anti authority during the continuance of this Deed of Trust to collect the rants, issues and profits of the Property and of any personal property located thereon with or without taking possession of the property affected hereby, and Trustor hereby absolutely and unconditionally assigns all such rents, issues and profits to Beneficiary. beneficiary, however, hereby consents to the Trustor's collection and retention of such rents, issues and profits as they accrue and become payable so long as Trustor is not, at such time, in default with respect to payment of any indebtedness secured hereby, or in the performance of any agreement hereunder, Upon any such default, Beneficiary may at any time, either in person, by agent, or by a receiver to be appointed by a court, without notice and without regard to the adequacy of any security for the indebtedness hereby secured, (a) enter upon and take possr',ssion of the Property or any part thereof, and in its olY9 name sue for or otherwise collect such rents, issues and profits, including those past due and unpaid, and apply the same, less costs and expenses of operation and cvlection, including reasonable attorneys fees, upon any indebtedness secured hereby, and in such order as 3cneficiary may determine; (b) perform such acts of repair or protection as may be necessary or proper to conserve the value of the Property; (c) lease the same or any part thereof for such rental, term, and upon such conditions as its judgment may dicrrte or terminate, or adjust the terms and conditions of existing leased. Unless Truster and Beneficiary thereof agree otherwise in writing, any application of rents, issues or profits to any indebtedness secured hereby shall not extend or postpone the due date of the installment payments as provided in said promissory note or change the amount of such installments. The entering upon anu taking possession of the Property, the collection of such ranta, issues and profits, and the application thereof as aforesaid, shall not waive or cure any default or notice of default hereunder or invalidate any act done pursuant to such notice. Truster also assigns to Beneficiary, as further security for the performance of the obligations 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 property, to secure the payment of any rent or damages, or upon defat+lt in the performance of any of the provisions hereof, Truster agrees to deliver such rents and deposits to Beneficiary. Delivery of written notice of Beneficiary's exercise of the rights granted herein, to any tenant occupying said premises shall be sufficient to require said tenant to pay rent to the Beneficiary until further notice. 2. CONDEMNATION. If title to any part of the Property shall be taken in condemnation proceedings, by right of eminent domain or similar action, or shall be sold tinder threat of condemnation, all awards, damages and proceeds are hereby assigned and shall be paid to Beneficiary who shall apply such awards, damages and proceeds to the sum secured by this Deed of Trust, with the excess. if any, paid to Trustor. If Trustor receives any notice or other information regarding such actions or proceedings, Trustor shall give prompt wrtten notice thereof to Beneficiary. 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 entitled to make any compromise or settlement in connection with any such action or proceedings, 3. FUTURE ADVANCES. Upon request of Trustor, Beneficiary at Beneficiary's option, prior to reconveyance of the Property to Trustor, may make future advances to Trustor. Such future advances, with interest thereon, shall be secured by this Trust Deed when evidenced by promissory notes stating that said notes are secured hereby: provided that at no time shall the secured principal. future advances, not including sums advanced to protect the security, exceed Two Hundred percent (200%) 3f the original principal amounts secured hereby. RMMEDIES NOT EXCLUSIVE. Trustee and Beneficiary, and each of them, shall be entitled to enforce payment and performs-nce of any indebtedness or obligations secured hereby and to exercise all rights and powers under this Deed of Trust or .,nder any other agreement executed m connection herewith or any laws now or hereafter in force, notwithstanding some or all of the such indebtedness and obligations sec, red hereby may now or hereafter be otherwise secured, whether by mortgage, deed of trust, pledge, lien, assignment or otherwise. Neither the acceptance of this Deed of Toast nor its enforcement whether by court action or pursuant to the power of sale or other powers herein contained, shall prejudice or in any manner affect Trustee's or Beneficiary's right to realize upon or enforce any other security now or hereafter held by Trustee or Beneficiary, it being tgreed that Trustee and Beneficiary, and each of them, sha;i be entitled to enforce this Daed of Trust and any other security now or hereafter neld by Beneficiary or Trustee in such order and manner as they or either of them may in their absolute discretion determine. No remedy herein conferred upon or reserved to Trustee or Beneficiary is intended to be exclusive of any other remedy herein or by law provided or permitted, but each shall be cumulative and shall be in addition to every other rernedy gn•en hereunder or now or hereafter exizting at law or in equity or by statute. Every power or remedy provided hereunder this Deed of Trust to Trustee or Beneficiary or to which either of them may be otherwise entitled, may be exercised, concurrently or independently, from time to time and es o ten as may he deemed expedient by Trustee or Benef,ciary and either of them may pursur+ incrnsit•tent remedies. Ni tning nerain shall "e construed as prohibiting Bcneficiary from a}eking n deficiency judgment against the Trustor is the extent such action is oermitted by taw. GC 797;huF,ra,aA a~7?3Q]