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<br /> TQ M14'R�T Tlit Y�CURI7Y OF T/Nt 1M/�T OEEO.TRtJBTOR HEREOY COV�NANTS AND AGREES A8 FGL.LOM18:
<br /> 1.I�AYM�Ni 01'I�IMIC�AL A!q MiTtl�T.TruNO�tfntl pomply Wp wh�n dw IM prkwip�of�nd IMKMt on 1h�k�d�dr�s MelNiad q►
<br /> NN NaM.�nd dl aMMr blwpM Mid NM r poMd�d In IiN NoM,�nd tM pM�IpM ol�nd kN�t an 1rtY FuWn AdwioM Mew�d b�r IhN TwM t�d
<br /> 4.wANRAlITY QR TITtl.Ttuata fs lawh+fh Miz�d�nd Po�wd of 9��nd indNwlbM GIN and Mt�t�!c th�P�opMry h�nbY oonrMb�
<br /> h..w.�a�.ra a�+d oa�wr m.�an.nr u+��+r N r.«.+,a�i..r a w w�.a�a«�a�n�en�o�s.xo.p w.�.now a�ooro�and Tru�OO�wiY
<br /> MIYtM1l M�d dMMM)qN iNN b tlM PIO�fh�MM�aN olaNns M�d dMB�11d/�
<br /> 3.�fAMiTENAMC!At����MLIAIICt 1NITN LAMIf.tn��f�tl kMD th�P�op�AY in 9ood r�pak�nd oonWlion and shW nacannW wMt�a PKenU
<br /> Mnp�kmMlt or dM�riOtldlOn W tM P�op�n/and!hW eanPhi wiM tM D��^���ny INM if lhb Trwt DMd fs On�qatM+old.NO Nn�OVwniMM�+o�M
<br /> a fNrMMr�nd�d upon th�PropK1Y shY!W��d�rMna�d a WmoliahW witAout Ih�D�wrilun eons�t of BwwNetarY.Tn�sto���Y witA
<br /> a�I�ws.adinanc�s.rpul�tlon�.oov�M�.conatfon�ub nstrktia�s aHatkg tM P�opaty�nd not cammN�wflK w pwmft my�ct to E�don�{n a
<br /> 1MOrk��rnwNr�Mqr�N On th�PrapK1Y whkh m�y M n�d�np�d o►�dMUay�d�nd Wp.�wh�n du�,all CiNma ta I�bo�PKiam�dYld 1nMKiM�
<br /> IINnNI»d q�Mor�nd lo►M1y�MM�tiOrw th�n01.
<br /> �.NMURANCB.Tnator�at fq�xp�n��wIN malntW�wilh kwuas�PPr�bY 8me11etuY.Inauruice with resMct to th�Improwm�nb�nd prnoml
<br /> propKty.candbtlin0 ths Ptap�rty,�t1 loM bY Ik�.lqhtntn7.tan�tfo�and aUier Ps�ilo and hturda cowrW by�tand�rd�xtM�ded oowr�k�cfan�.
<br /> in�n�mount pu�l b at Mat aN hundrW PKan!(1009b)of tM lull nplac�m«+t v�lue 11�eof�nd ir►aurona�palnst auch dhlr haWdr and in weh
<br /> amanri�is wqanYily cu►Nd bY ow�Mn ond op�uas at sfmllar prap�Abs ar at B6n�11ciary m�y requir�fa its prot�dbn.T�wi8 compy witA
<br /> q��nyuk�b j�g�fieiary may hom INn�to Hrrw nqwst la 1he protactio�bY liaunnos d tha interesta of Ihe tnpecUr�partl�e.Alt InWUar�
<br /> -� -- --°- poOaMs mMnt�f purw�nt to ihls Trust DNd shdl n�m�Trusta and BRtwllclary as inwred.�s Iheir respecUve intero�wch�lnpa000rdana
<br /> tlleh b�no CanaMtllon or modiflCaion wNhaW u IMSt 1S daya P►lar wrlGm nodficatiao to Ttuaee and Benetkiary�Y P�+��
<br /> wRh qw p�ovf�ipis ol puapraph 6 fNnof.Tniva shall dsliv�r to Ben�Nc�aiy Uw ai�inal Pdlcl�s of Insuranc�and nn�+xaM tMrwl or rrMrno cop4s of
<br /> - such polbiss and nn�wW th�r�ot.FaHur�to tumlah sueh Insuruic�Dy irusta.a reinwat�pa rwquirod hww+ndor sfwll,pt tiw opUon of Banofldary�
<br /> oauuwa�d�twB.
<br />- 8.TA�IES.ASSESSIIENTS AND CNARCiES.Trusta ahall PaY aY taze�,assessments ard other cha►9ea�lncludkig.wilhoul Nmitalbn.fima and impot�tloiu
<br /> �tt�Ibut�bl�to th�P►operty md lea�clatd paymsna a O�ound renb.it any.betora tha eame bscama dellnquent.T�sta ehaU promqh►himlWi to b�f�cl�rll
<br /> vl natfr�s of amouna du�und�r lhfs p�rayraph,and in Ihs wrent Trusta shall maka peyment dlrectly,Trusta ehall pramptly lumbh to Bmetklary neslpts
<br /> wldM�cinp weh paymsnti.Trusta rhall pay all taxas and ataetameMe whkh may Oe Iwlad upon Be�ef�fary'a intanat hKSin a upon tl�lt Tnat DNO
<br /> - wilAout apard to any law that m�y W�nact�l Impoelnq paYment d the wholo a any pM thueot upon tM Beneficiary.
<br /> 8.AODITIONAL LIENS AND PROTECTION OF BENEFICIARr'S SECURITII.Truata shall make all payrt�ents of Interest and princlpal md paym�nt�
<br /> qf any o1Mr chu9n.f�ss and sxpen�conVacNd to De pald to any e�iatlnp or aubaeqwnt Ilenholder a baneffelery,undu any sxlsting a subs�quant
<br />-_ - mortp�a mwi dwd b�fau iiw�iWe iiwy ara datlrKyu6ni or In dafault,and promptly paY end M��►ge any and ad othar Ilens.clalme or ehprpa nvhleh _
<br />'.=� mpy��Wdlza th�taeudty yiYntW MrHn.II Truator 1Alls to make any euch payment or lalls to perlorm any of the coveoaMS and aqrermenta contaiMd
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<br />- In thlt Tr�tt Uaad,a ths Note relsrred to hYreln,or In any p�lo►a subsequent trust deed,or II any action or proceeding b comata�ced wh�h mater a
<br />-� aflactt 8�nsfklary'e Interest in the Propetty.Includirtg.6ut not Ihnited to.eminent domeln proceedings.proceedings invdving a decedMt notki Of aele
<br /> '' by Trustae,notke of detaull by Trustee,mo►tpage fwecbsure actlon,a If Truata teNs to pay Trusta'a debta generally as they bscom�du�,then BaneHolary,
<br /> — at 8wwtk�arys cpqp�and without notlCe tu or demand upon Trustor end wllhout releaslnp Tructw hom any abN9atbn hereunder,may make auch eppeennas�
<br /> d�clwre�wch wms and tatcs such actlon as Is necessary to WuteU Beneticlery s Interest,Including,bul not Iimlted to,dlsbursemenl of reaaanabls�tlomey's
<br /> feea,paymsnt,purchpss,oontast a eompromfse of any encumbrance,charpe or Uen,entry upon tho Properry 10 make repetra,a declaradon ot detauD
<br /> � unda►1hle T►ust De�d.ln th�svent that Truslor shall fell to prxure fnsuranca or to pay taxec,aasessmente,or any other cherqes a to make anypaymeNe
<br />` to eny exl6tlnp a subsequent lienhddero or exisling a subsequent beneflGfarles.Beneticlary may prceure such insurance end maks auch payment,but
<br />- sAall npt b�obMgat�d to do eo.Any amounts asb�xsed by Beneflclary pursuant to this Parayreph 8 shell become eddltlonel Indebt�dnass of Trusta�ecured
<br /> by 1hle Trust Oe�d.Such emountt shall be payabte upon�wuce hom Beneflclary to Trusta requesting peyment thereof,and shtll pear inteeat Iram Ihe
<br /> �� date of dWbunement at tha rats payable from Gme to llme on outa�e�dhg principal under the Note unless peyment of Interest at such�atewould be contra►Y
<br /> to appllcable Iow,fn whlch avent euch amountc shall bear fnterest et the hfghest rate permlaslble under appllceblo law.Nothlnp Canlained fn IMs Patapraph
<br /> 8 shdl rpuin Barnllclary to Nieur eny ezpenca or teke any actbn hereu�der.
<br /> � •'+ 7.ASSIdNAtENT OF R�NTS.BenellClary shall have the nght,power and authorlty during the conllnuanCe ot thia Trust Oaed lo cdlect ihe rente,Issues
<br /> � and protlt6 of the Property and ol any personal property located Ihereon wlth or wlthout tekfng possessbn o1 the properly aH�cled hwaby, and Trustor
<br /> - r he►eby ebsolutely and uncundilionally aasly�m all euth�a��ts. iwues and prc:tic co flcnehc�ary-Benetk�a•y,�w+wp�nr harnby consents to Ihe Trostor'e _
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<br /> p�;�,y� coNectlon end retentfon ot euch rents,Issues a�d prolits as Ihey eccrue anA become payable so tong as Trustor is not.at such time,M defeult wllh respeCt
<br /> "•',�;;;�. = to peymant ol eny Indebtedness secured hereby,or fo the performance of any agreement hereunder.Upon any such defaull,Benedeiary rniy at any tlme,
<br />�;�' '"'"� elther fn person,by ageM,or by a recelver to be appoiNed by a court,wdhout notice and Wilhout tegard to the ad6quaCy of any Seeurity tOr the Indebtadn88S
<br /> I � '-���,:;� hereby seCUred,(a)enler upon and lake possesslon ot lhe Property or any parl thereof,and In tls own name sue fa or otherwise eollect 6uch renta,ls9ues
<br />.-.•��� t . and proflle,fncluding those past due antl u�pald,and epply Ihe same,less costs and expenses ol aperatfon and collectfon.Includlnp reesonable ananey'e
<br /> � "" feea,upon any Indebtedness secured hereby,and fn such order as Benefic�ary may determine:(b)perlorm such acts ol repalr w protectbn�e may be _.
<br /> � �_�:��. ' neceseary or proper to conserve Ihe velue o1 the Property;(c)lease Ihe same or any perl thereof for such renlal.lerm,a�d upon such condillons as Ite
<br /> . ' " `'�`` �udpment may diGtate,or terminale or ad�ust the terms and condd�ons ol exlsUng leases Unless Truslor and Benellciary lhereof agree olh6rwlse In wrfting.
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<br /> +��F-.�;;� any eppllcatlon of rents,lesues or profils to any I�debtedneas secured heroby shall not extend or postponc Ihe due date ot the Installment payments u8
<br />_ •,, �, • • provlded In sald promiasory note a chenge lhe amount ol Such inslallmenls- The enlermg upon and lak�ng possession of the Property,the callectlon -
<br />- ' �,�„�y,.,,,,.,'p ot euch rents,lesues and pro��ta,and the applfcation thereol as aforesaid,shall not walve or cure any default or notke ol default heraunder or InveHdate
<br /> :i.:�.:�•;•::..,.•.,..,. :. any eet done putsuent to suCh notice.TrustOr a�so esslgns to BeneAClary,ns lurther aecunty�or Ihe pe�lormance ol ihe obligpUOns aeeaed h�reby,ell
<br />- � �ti��. � • `'� prapald rents and ell monlea whieh may have been or may hereafler be depos�ted with said Trustor by any lessee at Ihe Properry,to eecure the payment
<br /> +�. •.�- �� of eny rent or damages,or upon delault in the perlormance o�any of the pronsfons he►eof,Trustor agrees 10 dehver such rents and depositt lo BoneHciiuy.
<br /> �ti�*�-�� ����^ In sald remises shall beBUHlClentto tequlrp sald
<br /> +h�•;��. - DeNvery of wrlrien nOtice o1 Beneflclary's exerc�se ot the rghts graMed herein,to Etny teaa�t octupy p p
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<br /> . , ,,;�t ,•>�.,,� ten9nl to pay rent lo the Benellc�ary unUl lu�lher nollce.
<br /> � � � .�`�{'.'.'<, 8.COND@MNATION.If litle lo any part of Ihe Property shall be lak8n m condemnation ptocoedings,by aght o1 emme�t domain or amil�r nctlon,or =
<br />` �;� +� ' ;�y t�• shell be SOId under threat ot condemnellon,all awards,damages and proceeds are hereby assigned and shall be pa�d to Benellc�ary who ehall apply
<br /> ?-*�,r,� ' such awerds,damages and praceeds lo the sum securetl by tMe Trust Deed,wdh the ezcess, I1 eny,paid lo Trustor.If Trustor recelvea e�y notite or
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<br /> � ~ +�.,,�`rt.,�;��, othar inlormatlon regerding such actlons or praeeangs,Trustor shall grve prampl wrilten notite thereof to Benehclary.BeneNClary shall be eMitled,at Y
<br /> y e � v,z' '+list�;;;: Its optlon,to cammAnCe,eppHer�n and prosecute In fts own name eny such actbn w praceed�ngs and shaY be ent�Ned to make enycomproml.qe or senlemenl _
<br /> ' In ConneCtlon wllh any nuch acllon or proCeedings.
<br /> _�.�.�o......w..�..7..�.�n• m�u makw =.
<br />_ - - .�'="^°='.-R:- 9.RUTURH ADVANCHS.Upon requeel Ot Iruetor.e�enei�ciery a�oeneiic�ary'n c�piion. pin,� ii,�a:.�,-�.a�a�:.6..,...,.....r-., .....__._..--._, - _
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<br />= � � ^''"" �5:, future advancee to Trustor.Such tulu►e advences,with fMerest thereon,shaN be secured by Ihls Trust Doed when evidenced by promissory�otea atating _
<br /> �.r�s` : .
<br /> ;:'r;� �+°. +�>* � that sald noles are secured hereby:prov�ded that al no tlme shall the secu�ed prinefpal and luture advoncea,not Incwding eums advanced to protect _
<br />,;-�,a, tlw oacurlty,exceed Iwo hundred percent(2004h)ol Ihe orlgfnal prx�elpal amouMa secured hereby.
<br /> _ 10.REAIEDI88 NOT EXCLUSIVE.Truetee end BenehCiery,end eacn ui Il�em,6hdtl GB dnidlBd t�dnfu��n yaymanl and{�rfurrnuncef u(an�ind6b�Bd1�885
<br /> �"'�,,;:. or obllyaUons seeured hereby end to exerclse all rfghts end powers under th�s Trust Deed or under any Mher agreement execuled in connecUon he►ewflh
<br /> �• �'±' '"'°"_'1 or any laws now or herealter in face,notwlthelanding some or all of Ihe such Indebtedness and obllgatfona secured hereby may now a herealter be _
<br /> '�"d'� `� otherwlse aecured,whether by mortgage,trust deed,pledge.hen.ass�gnmeM or othervrfse.Ne�the►the acceptance of this Trusl Deed nor its enlacemenl
<br /> —'�`� .`'`��� whether by Court actlon or pursua�l lo Ihe power ot sale or dher powera hereln contalned.shall pre�udice or m any menner aHeCl Trustee's or Benelic�ary s
<br /> �`""�'��`�M � rlpht to reatlze upon a enforce eny dher security now or hereafler held by Trustee or Beneffciery,II bemg agreed that Truetee end Benelklary.end each
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