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<br /> ' � � Trustor is lawfully selzed of se1d. qr�nr:i�es and Property 1n fae ai�ple thet
<br /> the aa�e aro tree fro� a11 1 iena and.�enau�nences exapt �: wy otherw�ae be
<br /> specifically noted heroln or w�ived- in� Mrltinp by the Benetici�ry; that
<br /> Trustor Mi11 execute or proaure any� funth�r necessary assura�ces of titte and
<br /> "`��°��`�'.•� does hereby warrant �enerelly !ha � titla ta said Property and wi ll forovar
<br /> ��r� defend the saa�e a�dinst the cleia� and �de�nds of all parsons who�soever� and
<br /> . - �'- � ��' that Trustor's separate estate� ahather: vested� contlngent or in expoctancy,
<br /> . � is hereby conveyed and Trustar does h�raby�expressly waive, release all ri�hts
<br /> ;,�_;�.� •:;' �`� ; and benefits of any ho�amsteAd� dower. cour��sy, appraiseaent, exesption and
<br /> .; �,,;��;�:;�"�. .,,.-, stay ldws of this state. It is agreed� thpt the interost prorided for in
<br /> '-: _ . � �•�. �- • subsection (g) above sha11 be at th� saare rate as speclf 1ed in tbe Note
<br /> �^;��.;.:r, �h :�,.:�,: secured hereby on the prinaipal thereof,After default and �turity.
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<br /> ' -�{`"""� °� � 2. In the event Trustor. wi�hauC the prior written consent of
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<br />.�,;►:�'� z, `a ���`.','�,� .. �� Beneficiary shall sell, transfer or convey or contract to sell� transfer or
<br />; ;�,;• �• , convey the property� or any part th�raof�or any i�terest therei�� the entire
<br />�.�. � • balance of the ind�btedness hereby secured� shall beco�e and be im�ediately due
<br /> r;:�.A�. � • and payable at the option of Beneficiaryj. provided, haraever, Beneficiary aay
<br />` , � .� - waive suah option to accelerate if. pr�or� to such sale, transfer or conveyance
<br /> � : � . � ' or contrac t therefor� Benef�c iary and tha person to whom the property i s to be
<br /> r: , sold or transferred reach an a�reeo�nt in writing that the cred�t of such
<br /> • person �ls satisfactory to Beneficiary and that the lnterest payable on the
<br /> � , sums secured by this Oeed �of� Trust� shall be at such rate as Beneficiary shall ��:t.
<br /> `; , .. request.
<br /> "� 3. That as furth�r secu�ity for the paymient of the Note and the
<br /> • � indebtedness thereby �videnaed and the performance of all of the terms,
<br /> � , �_��; � covenants and condition� hereof, Trustor agrees that Beneficiary shall and
<br /> � does hereby have the right ppwer end� autharity during the conti�ua�ce of this
<br /> �� Oeed of Trust to collent t�e rents, issues and profits af the Property and of ;
<br /> - - - ----- ---- aay �ersaas1 proparty locat�¢� thoraor� �:ith ar xithaut t��is�g poasession af thc
<br /> property af�ected thereby; and 7rustor hereby absolute7y and unconditionalty
<br /> assigns all suah� rents� issues and profits to Beneficiary. Benef3ciary�
<br /> however, hereby consents to 1'rastor's collection and retention of such rents�
<br /> issues aad profits as they accrue and become payable so long as Trustor is not
<br /> at such time in default with respect to payment of any indebtedness secured
<br /> hereby or in the perforaiance of any agreement hereunder. Upon any such
<br /> default, Beneficiary may at any time� either in person� by agent, or by
<br /> receiver te be appointod by a court� without notice a�d without regard to the
<br /> , adequacy of any security for the indebtedness hereby secured (a) enter upon
<br /> and take possession of the Property or any part thereof and in its own name
<br /> ';�, sue for or otherwise collect such rents, issues and profits, including those ,�:,�
<br /> • past due and unpaid� and apply the same, less costs, and expense of operation :;•�:
<br /> , and collection� including reasonable attorney's fees� upon any indebtedness ��
<br /> � secured hereby and in such order as Beneficiary may determine; (b) lease the •-
<br /> � same or any part thereof for such rental� term and upon such conditions as ���
<br /> Beneficiary's 3udgment may dictate or terminate or ad3ust the terms and
<br /> conditions of any existing lease or leases. Unless Trustor and Beneficiary
<br /> agree otherwise in writing. any application of rents� issues or profits to any
<br /> indebtedness secured hereby shall not extend or posfipone the due date of the � �•_'
<br /> � installment payments as provided in the Note or change the aaaunt of such
<br /> installaients. The entering upon and taking possession of the Property� the '
<br /> � � collection of such rents� issues and profits, and the application thereof as �
<br /> � � + aforesaid, shalt not waive or cure any default or notice of default hereunder� �
<br /> . � or invalidate any act done pursuant to such notice. Tru stor assigns to
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<br /> Beneficiary, as further security for the performance of the indebtedness and .
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<br /> � Loan F-196910 Page 6 of 12 Initials:,I[�J'[��_'
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