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<br /> notlflatlon to T�u��r d i�'a�tlal�ry.ln tlw�wnt�ny pollcy Mr�unWt I��ot��n�wW on or b�lo►e t11Nwn Itb�day�pNor tp
<br /> It��xplratlon dat�,T�ustN or 9�nsllclary m�y prooun sueh Insunna In uoob�na�wlth th�ptovl�k�al PuipraPh�.
<br /> T�wta shdl ddlwr to B�nNlolary th� otlpin�l poliole�of Imur�nR��nd nn�wd�th�r�of a aopl�r Qf wah pollola f�nd
<br /> r�w�ls tMnof.Fa�llur�to tumish�uoh Insur�na�by Tru�tor, or ren�w�lt a�rsqulnd ha►w�d�►.�h����d�h�oPtlon of �
<br /> 8�n�flal�ry�conetltut��dsfu�lt.All un��m�d premlum�are h�aby�s�lpn�d to TnutM��addltlon�l Maurlty.�nd a al�and
<br /> •:� conwyana�of th�Propsrty by th�Tru�tM�h�ll op�rat�to conwy to th�pwohR�the Tru�ta'�Int�t In and to dt polloltf
<br /> ' '--"`�"`�`��' of Insuranoa upon tho Tru4t Proparty. �
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<br /> 6.T�ucw�od Ar��.Trudor�hall pay atl t�xee�nd spealN�sua�m�nt�I�vl�a��W�s�d e9�ln�t,or dw upon,th�
<br /> -.:;..�� P�opeRy bsfor�dNlnqu�noy�nd wlll d�llv�r to B�nNlcl�ry copls�of no�lpb thowtnp p�ym�nt of�uah t�uca�nd sp�al�l
<br /> _ a�s�msnts.
<br /> --�- 8.AddN1o�14Nm.T►u�tor sh�ll m�ke�II p�ymsnt�ot Int�at�nd princlpd,�nd p�ym�nte of any oth�r oh�rqN�f�,�nd
<br /> `"� -- �xp��s�s ooet►�ct�d to b�pald to any�xlstl�p U�n IwIdM�or prla bsnN�c�arls�und�r�ny prlor O�d of T►uat,Mort�ap�or _
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<br /> �---- — — -- --- otMr sscurlry+�pn�nNnt.b�tor�th�dat�th�y an dNUqu�nt�nd to p�y�nY otMr ctdm wh1oA I�oP�rdtsa tM Maurlty _
<br /> .- � pr�nt�d h�tn.
<br /> �`'t,�A; � �,prolwtton a�Nkl�'y g�cwltfl,Should T►udor hN to m�k��ny p�ymsnL fall to do�ny aat as horsl�provldsd or If
<br /> ,: ' " - �nr�ctlon or proc�edlnp le roo�menced�I�Ich mRterl*11y affscts 8ensflcl�ry'�I�tersst In th� Property�Inaludlnp,but not
<br /> Ilmlted to,sml�ent domaln,Inwlvenoy.�ar�m�M�or procNdinpa i�volvinp a bankrupt or dec�dent.then Benoflal�ry or
<br /> �� ` T�ustM,but wlihout obllp�tlon to do a.sn�wtlhout notic�to or d�m�md upon Trustor,and wlthout r+te�alnp Trustor iram�ny --
<br /> ;"�a�'�f� olblp��krn h�und�r;m�y m�ks or do ths ame,and may puy,pu�ch�ae,ooMest or comproml�e any snaumbr�ncs,charys a
<br /> •��.
<br /> r aro to atf a�3d Pro ►1 In exercleln any auoh pow�ra,ths BsnNlcluy ar Tnat�e
<br />:w<<,;- ':._,. Ilan,a�hkh In 1ha Judpm�nt ot dths �pps Mt De Y� fl _- -
<br /> ds�,"`�t T-
<br /> ���'"`' �,'`' ' ! r�� �nour�a llabllily and expend whatwer amounts„Inoludinp olaburs0ments of ruson�bl�attor�ey's feet,wdlcA In their��
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<br /> .;,,,. �:..r�•�:�.:;.u` soi�a�e dlsoroflan may bti necess�ry.In the ownt thtl Truetor ehall lail to proaure Inau��nce,fall to pay tuce�uid�p�clwl
<br /> ' �'��:..�u.�.:�rw�j, aaaessments or fali to mak�any p�ymente to exlsNnp o►prlo�Ilen holdero or bsnsflol�rla,the Benef{cl�ry maq Procu►s suc��
<br />: .,��1'' i"'�'.".."�"'"'"' •:'�" � Insurance and m�ke euah p�ymente.All aume Inauned orsxpended by 0eneflclary or Trustee In accoM�nce wltl�the p►owl•
<br /> � � ��"�:'`r'"'� �: , e�Ona of the D�sd of Trust�re seaured hereby md.wNhout dsnu�nd,eh�ll ba tmmeda��ely due�nd p�yabl�by Trustor and ah�N Q.<�,
<br /> .. ' ..'�:�,� •
<br /> ' '�'' '�"ti�; b�ar Interest �t the nte provlded for edranaea undar the l.om Apreement; p�ra�vldad, however,that at the o tlon of tha ,��-:
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<br />�"� �`"'�'"'�`�� �i>i'!i;ra �flolary or Trustee,auoh aume may be addsd to ths p►Inclpal bela�ce ot any Indebtedness�ecured fwr�by and ehall b�ar �s���:"
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<br />;.,•.,;,s �-�``�-.� - ;;J;�,; t h�oame In teres t ae euc h In ds b t e dnea s an d�h�l l b e p a y e b l e r a t e b l y c w a r t h e r e m a l n l n p t e r m t h e r e o f. _
<br /> "�'��� �'''��`' ���`�� ' 6.Ats m�nt of R�nt�.Bansflclary ahAll have the rlqht,power and aulhorlty durinp the contlnuance of thle Deed of Truet to
<br /> ��.�:i`, ,�.�r�,.,r ' �`+ .� �
<br />-%�;•- colleot the rsMe,leeues and proflte of the Property�nd of any pereonal property locpted theroon wtth or wlthout taklnp
<br /> ���,�. poaseeslon of the Propsrty affeotsd ho►�by,and T�ustor Mreby abeolutsly and uocondltlonelly aeelpns all eueh rente,Issuss
<br />.�`;;r. and profNs to 6ansHolary. Beneflcl�ry, howsver.hereby coneonta to th�Troetor s colleatlon And rNentlon of �uch ante,
<br /> ; ;� ;�n;`� '
<br /> Iseua��nd pro/tta ae they acerue and beoome pay�ble ao lonp es Truslor la not,�t suoh tlme,��dsfault wlth aspeat to pay
<br /> ����"' ' A•• ,`' ment of any Indsbtedneee seeured hereby or I�the performance of any �preement herounder. Upon any sueh defau9t,
<br /> `�;'•;°�. ,; , '. , , Beneflol�ry may at any ttme,elther In pereon,by apent or by a recelver to be appolnted by�court,wlthout notice and wlthout
<br /> , � ','•.;,.,,�•:;;,� �;�, , repard to the adequaey of any aecu►Ity for the Indebtednesa hereDy aecured:p)ente�upon and t�ke poeeeselon of tho Proper•
<br /> . � � ty o�any pa�t therec�f�nd In tts own n�me aue for or otherrvJSe collect auob renta,lasues and profite,Includlnp those paat due
<br />_ : .�5��, and unpald.and apply the same,leae aoats and expensea of operatlon and colleotlon,Includlnp reaeonabls attomey feea, E-=
<br /> _ :,.,; � upon any Indebtednees seaured hereby and In ouch order as Beneflclary may datermine;(b)perlorm euah aats of repalr or pra
<br /> ' � �.� "�"'�' teatlon ae moy be neceseary or proper to oonaerve the value of the Property;(o)leaee the e�ms or any port hereof for suoh ren• _
<br /> �� tal term and upon auch aondltlone ae Its Judflment may dlctete.U�lesa Truetor and 8eneflalary��res otherwlaA In wrltln�,any �
<br /> "� " ` , � appllcat�on of rents,leeues or proflte to any Indebtedness secured he�eby shall not extend or postpone the due datA of thA In• ___
<br />-- st�llment paymenta ae provlded In the Loan Apreement,and the applloatlon theraof as aforeaptd ehall not watve or cure any 6��
<br />��` dsfault or notloe of default hereunder or Invalldate any aot done puravant to auah notlae.Trusto�also oasl�ns to Beneflalary, __
<br /> " ae funher secu�lry fw the performance of the obllpatlone secured hereby,all prepald rents and all monlea whleh may have -__-
<br /> ••.�= �� bssn or msy hereafter be deposNed wlth sald Truetor by eny lesaee ot the Property,to secure the payment of any rent,and +
<br /> ;; „•� , • upon dsf�ult In the pe�foramnce of any of the provlelona hereoi,Truaior a�iaes tu deliver auch rents and depoelts to t'he
<br /> , � � ?�''����'� . 8enettcla . Dellve of wrlft�en not�e of Benefflcary's exerclse of the r19Ma:qrAnled hereln to any tenant occupylnp said �.�?
<br /> r , . � rY �Y
<br /> � . � ptemlaea shafl be aufflclent to requlre seld tenant to pay sald rent to the 6ene41clary untll fu�lher notice. �`�;;.
<br /> �� , . 9.Cond�m��tlon.If tltle to any part of the PropeRy ahall be taken In condemnatlon proceedlnps,by rlpht of eminent domaJn �"_""
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<br /> ., ar etmller aatlon,or ahall be sold under lhreat ot condemnetlon,all awards,damapea and procaeds are�ereby asalpned and '�:
<br /> ' y..=�� � , shall be ppld to Beneflctary who shall apply euah award,damapea and proceeds to the sume seoured by the Deed of Truat,
<br /> ' " ' wlth the excees,If any, peld to the Truator. •
<br /> ' .�"`.: TD.Rutun Adv�naa.The Loan Apreement provldes for edvancee from tlme to tlme to Trustor by 8aneilclary ae provlded .,-
<br /> �,, ' .. thereln.ln eddttlon.upon requeat of Truator,8eneflclary,al6eneflclary's opllon,prlor to reconveyance of the Property to the
<br />' ''� � ' " TNator,may make addltlonal future odvances to the Trustor.Such}uture edvances,wlth Interest thereon,shall be seoured by
<br /> �; ��`�,. thls Qeed of Truat when evldenced by promleeory notes etotinp that sald notea are aeeured hereby;provlded that at no time t�
<br /> -� ' ; shall the eecured prinalpal and future advancee,not Includlnp aums edvpnced to protect the securlty,exaeed one hundred per- t
<br /> �. '_� cent(100%)of the orlqtnal princlpal amounts securod hereby. �t;:,,
<br /> ' 11.RNn�dl��Cumul�ttw. All remedles provlded In thla Deed o1 Trust are dlsllnat and cumuletive to any other�lyht or �..
<br /> :�; � • � 1'' remedy under thla Deed of Truet or afforded by lew or equlty,and mey be exerclaed concurrently,lndependently or succeeslve� 1 ''
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<br /> • � � �.;��}�'.�1 12.AccN�r�tion;R�m�dl�s;5�1�.A default ahall exlat in the event of:
<br /> 'y'' (�1) Any fraud or mlerepresentatlon by the Truator In connectlon wlth the Ilne ot credlt whlch thls Deed oi Truat secures; !
<br /> � �' (�) Any fallure on the pa�t of the Truator to meet the repaymen!terrno In reapect to the Loen Apreement and any other ad• :
<br /> '� �;�''; vanCee under thla Deed ot Truat hereby aeCUred;and, ; �.
<br /> '' .. ,� (C) Any aCtlon by the Trustor prohlblted by the terma of the Loan Aflreement or thls Deed of Trust or any fallure of the Trustor �
<br /> -h••_I ��.�,-::,�-.___�_�;::•1,��`�, to act es reaulred bv the Loan Aoreement or thls Deed ot TruaL each of whlch Truator hereby apreea have an adveree a1• '
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<br /> -. .` , � `.-�';:;:; • fect on the 9eneticlary'g aecuNty for the Ilne of credit eatabllahed�nd the r�phta af the Beneticlary in such securlty,
<br />_ , .��` `�;,_'� and upon the fiappenlnp at any euch event of default,Beneffclary may declare all sums secured hereby Immedlately due and �
<br /> , �%t1,,:;�5� peyaDle by dellvery tu 7ruatee of wrltten deelatatlon of default.The Trustee shall heve lhe power ol sale of the Property,and if �
<br /> �;. ,, • ;',���' 8eneticlary deslres the Property to be aold,It ehall deposit wlth Trustee thls Oeed of trust and all promlasory notes and
<br /> doauments evfdenclnp expend�tures secured hereby and shall dellver to 7ruetee a wrltten notfCe of default and electlon to
<br /> ; ��, . cause the Property to be aold,and the Truetee In turn shall prepare a nottce lo the form requlred by law,whlch ahall be duly f il-
<br /> ed for record by Truetee.
<br /> , � �'t (A1 ARer the Iapee of euch tlme ae mvy be�equlred by law follrwlnp the recordatlon oi sald notice of default,and noHce of
<br /> ' ` '•+. default and notice of aale havinp been plven ae requlred by law,Trustee,wlthout demand on Trustor,shall sell the Proper• •
<br />�" �,. '��� " • ty on the dafe and at the tlme and place deslqnated In sald notice of sale,at publla auctton to the hlpheat bldder,the pur• '
<br /> � chaee prlce peyable In Ipwf ul money of the Unitad Stetes at the tl me oi eale.The peraon conducting the sale may,for eny
<br /> '�' cause he deems expedtent,poatpone the eale from t�me to tlme untll It shall be completed and,In every auch case,notice
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<br /> ��� Hsa,s�rrom �
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