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<br /> tartliizor. qruv�l ar ��p Aoil tJ�.�I1Qtlt th� pr.i.raz WY'�1:tiEI1 ��itset�t pf Hen�f�� '
<br /> � � � aiaryj ia1 to maintain And cieli.ver ta AeAE3f;e{dig"y �nlicie� �r insurancca � _: �-�_.
<br /> �gainst �uah hazarda on �he bu�lding� and i�u�nr.avemc�n�s no�v or laoroaftar i•
<br /> , � 1acAted on or aane�i�u�ing a paxt of �hQ Prnp�r�y us �he Hen�efiaiazy ahall � „ . ,
<br /> . � roquiro, in such companioa and amaunts and wi�h such lnsa payablo clauaes
<br /> ae ahall be eaCisfac�ory to �1�� I3on�aficiarY7 �ha� in tho ovQnt of loas, �
<br /> ' HEneEiciary is expressly au�hor:lzad ta e���l�a or camprom�.9e claimo under
<br /> eaid gal9.eiea and the proceeds thcreoE sha11 b� paid ta the Heneficiary who
<br /> � . � may apply the same ar any part thereoE on tht� indobCedness securod hoz�eby �
<br /> , � ar �oward �he r�cone�ruct�.an or repair of ea3d bui.l.din3� �n� improvements .
<br /> � • ox xolease same to the Trustort (G? �a pay an�► li�n, claim ar aharge
<br /> ag�inati the Proper�y which magh� tak� preced�anae over th�: li�n here�f; (�) , �
<br /> ' to pay �n demand all lO�JAI exp�n�es, title s�Ar.ch�r, t�ppxaa.sal or attar-
<br /> � � neys' foes reasonabJ.y incuxred or paad by H�naEici�.ry �o c��Xlec� tho No�e ;_ ,
<br /> ox £orocloso or protec� the lx�n oE this D�ed of T�:z��t: b�� that 3.n �he :.,
<br /> ev�nt Truetor shall fail to com�ly wa�`h the proviGi�n: ��� �a� thxot�gh (f) ;:��;;: �
<br /> r-- abovo, tho F�enc�ficiary may cxp�nd such �unds and t�z�e� �tec�n action as is . � •�
<br /> `. � f naceaeary to remedy such failura and a1.1 �tirns paid by the �c�nefiaiary � •
<br /> � pursuant hereta with intexest a�: th� rate hersin�ft�x pravided ahall ' •�.
<br /> ����;,t��, , constituta a lien upon the Pxopert�, sha].1 bo 9ecuz�ca by this Deed of ;
<br /> ; ;� Trust,. and ahall be lIfII1l6CZ1A�G'1}I C�LlO and repayr�ble tca the Beneficiaryf (h) �;,`
<br /> � not ta sell the Property or any portion thGxacaft and in tha event. of any ,
<br /> _ ��, sale herein prohiba.tPd, �hen thF entiro indabtedness seaured by this Aeed ' �
<br /> . ; � of Truat ahall, at the ap�ion of tha nenQ£a.aiary, become du� and payable;
<br /> � �� (i) that i£ the Property or any part ar gaxcal ther�af sha11 be taken or . „
<br /> damaq�d under �he potiver of eminont dom.:�in, th� award for any Property so ,.
<br /> � tAkon or damaged (�.ncluding savoxanr.o damagQS to the rQma�ning premises)
<br />: _____-_-;',:� �t�iu11 Y�e p�h� ta ttt� B�negici�ry an@ ap�Zi.�d i n ful.l or ia a.�art at the __ . - - -
<br /> °� optian oP �C►e epneficiaxy in reduction of tha indeb�edness her�by secured;
<br /> I (�) �.hat �he HeneEiciary shall havo tha righ� �o inapect the Property at ; .
<br /> �--,-- --___ . � �u�h re�s�na�tA ri,n�,a �s the Acnaficiarv m�ay desire to detarmine Trus�ar's
<br /> compliance with �l» cavanants containad in �his Daed of Truet� (k) �hat tn� . ---. - -
<br /> Beneficiary may re].aase from tho lien hereaf any part or parcel of the
<br /> Property withau� requiring any considorat�an tliereEor, and (1) that Trustor ,
<br /> ia lawfully seized of said pxamisas and Pr�pariy in fee simgle, tha� the
<br /> • same are free from all liens and encumbra»cQa except as may otherwise be .
<br /> epeciEically noted herein or waived in wxiting by the Deneficiary; tha� •
<br /> Truator wi�.l execute or prorure �n�• furthor necessary assuranc�s oE ti�le
<br /> � and dAes h�rcby w��rrant gencralav the titl� ta said Progex��y and will
<br /> forever def�nd the samp agains� the clai�s and demand� of all persans
<br /> whomsaover. , and th�t Txustor's separate es�at�, whe�her veated, contingent
<br /> or ita expectancy, is hereby conv�y�d and TruAtor does hereby expre�sly
<br /> waive, release all ric�hts and beneEits af any home�taad, dower, curteay,
<br /> appraiaement, axQmption and stay laws of thfs atate. zt is agreed that th�
<br /> • interest pxavided for in subsoction (g) above shall be at tho same rate a�
<br /> apecified in the Nate secured hc�z'eby on tt�� principal thereof aft�r de£ault
<br /> „ � and maturity.
<br /> SECpI�Q; In the evont Trustor, withou� the pr.iar writtc:n consent of
<br />.. I Benefic a}� shall sell, transfer or convey ox contract to scll, transfer or
<br />_. 1 eonvey the �soperty, or any part thezeaf or any interest eherein, the
<br />. I en�ire haJ.ance of �he ind�.:litedness l�ereb`� sccurcd �hall b�come and be �
<br /> immediat�ly due and payabl� at thE: option of Bcneficiary; provided, how-
<br /> � � ever, Ben��ic9.ary may waive such option to accalerate if, prio� to such
<br /> � �alej trans�`er or convEyance or con�.ra�:i: tlierefor, Beneficia�y and the
<br /> � I person to whom the property is to be sola ar transferred reach an agz•eement
<br /> in writing tha� the credit of sur.h porson is satisfactory to Aen�ficiary
<br /> � and that the interest payable on tho sum� secured by this Aeed of Trust
<br /> � shall be at such rate as Bencficiary sh�ill raqu�st.
<br /> � THIRD: That as further security for the payment of the Note and the
<br /> ; indebtedness thFreby evidenced and the porformance of all of the terms,
<br /> ' covenants and concii�ions hcreof, Tru�tai agr.ocs that l�eneficiary shall and
<br /> � doea hereby have the riyht, po�ver and au�hority duriny the continuance �f
<br /> ? j this Deed �f Trust to collect tho rents, zssu�s and prafits of the Property
<br /> and of any personal property located t}ic�roon caith or �vithout taking pos-
<br /> � session of ths praperty affecte:d thereU��J and Trustor hereby absolutely and
<br /> � 1 unconditionally assigns all such rents, issues and prorits to eeneficiary.
<br /> I Beneficiary, howevcr, hereby consents to Trustor s callection and retention
<br /> of such rent�, i:;sues and �rof its as they accrue ar�d bc��ome payable so long
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