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<br /> ' r��nion�� . r ,�lelary►-In tM�wnt�nY PolbY Mrw�KN�is not n��Y�d`on a D�for�tittNn(�sl�i�b .
<br /> � Its�piratton daH.Tnatw a B�nMkiaq►ma�l P����t�xanq M�c�oord�+o�wltA tM prwisbRs of Pa►prap�t
<br /> Trustor#hal!d�itwr to B�iklar!►tM oripinal pollcMs af tnwranq�and n�Nwals th�r�cf�or copia of such polk�s and
<br /> � �wwat:th�of.Fi�ttur�e to tumisA such Insura�d by Truitor.or nrNwats as nquirsd t�er�under.sfialt,�t ths option of
<br /> �gen�Nciary. . ti � w►It.A!!unMmsd pnm�Ums aro Mroby asstynb to Trwts�as additbnat secu�(ty,and�eate and
<br /> comrsy�nq bf�he��b�r th�Tr�stN shall op�wte to conwy to th�purcha�er tM Trustbr's interost i�and to�II poltcles ` `
<br /> -------_.__ __�__ oiinsuranauponthstrwtPropsrtY , , � � , • ---------
<br /> _ ; ; 5.Tix��nd A�b.,Trustor ahall psy ati tazas aed sp�clal assiisrasnts t�irNd or asseiaed apainat,a�u s upa►.t h e —
<br /> -- .` property beion d�iinqwncy�g►d wili dNiwc to�nsttciary coDfes af recet�ts showins paymsnt ot auch taxes and spscial Q=_�
<br /> _- a�artimts. ', -_-- --
<br /> �Ad/Naw1�fiM.Trustorshait maka all payma�ita oi Int�t and ptincipal,and payments ot any othe►chu�s,tess�and - ---
<br /> = exp�nsa c6ntract�d to b�pald ta any existtny Itan hoW�rs ar Dria�r ben�f[ci�Ne�undsr amr Pria Oesd of Truri.Mort�ape a • —
<br /> -- . athsr a�cu�tty aprssmsn�bsforo ths dats thhl an Mlinqu�nf and to pay any other claim whlch Jeopardtzes tAs sscudty. --
<br /> ° ' yrant�0 hKMn. •
<br />�:� 7,proNetipn of eMNMelary's E�lt�Shoutd Troator tatl to m�ks any payment,fail to do any act aa herotn provtasd or it _
<br /> 1�ny action or procssdtn�ts comrt�encsd whtcA materlaily afteCts 8enefictary'a IMerest in the Property,Eactudicro,but�ot
<br /> `��� emit�d to.wnin�nt domai�tesohtincy.�ura�D�r�nts or procesdin�s trnolvia4 a bankrupt or dsce�f�nt,taen 8�neticiary or �v='�---
<br /> Tnnt�s�but vMithout obp�ati�n to do ao,ub without nottce to or dsmand upon Ttustor.and without rNs�sinp Trustoc from any .s-� --
<br /> olWpation Mraundsr.msy make or do ths sams.and msr D�Y.P��hase,contest or comDromiss sny encumOrance,ctiarpe w s��
<br /> qen,wbich tn ths�ud�ment ot sither�ppears toz�act asid Propsrty;in exercisinp any such powers,the 8aneticlary aTrustes ' ':�";�-
<br /> -- maY Incu�a liabiety and sxpe�W wt��ta+rer amo�m[a,.Inciudfrn0 disduraemsnts of r�asonable attameY's fee0.wF►Fch in thetr ats `� .-.�°
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<br /> � + � " . soluts dl�crstion may 6e nscesssry.M ths ewnt that 7nista afialt tall to procucs inau►ancs.falt to paY taxes and spectal . _ --
<br /> • assasmsnt�or t�il to make anY PsY�ts to sxlaftnp or prta lien Aotde►s or tisneflctarias,tf�s 8eneficB�cy msy pratiire auch =��:�.�f'��"
<br /> �� laaurancs and make aucb paymsnts.Atl aums incurred orsxperMsd by Bensftcitry or Trustee in accaniadce with the provt- ; f:>��_�,
<br /> � slona of ths Dsed of Truat am sscured heraby and:without dsm�ind,ahail be imm�distely due and psyab.fe bY Trustor and ahatl -=_�_�
<br /> � �� ��:c±;:"� bear it►terest at tfis rate providrd tor advanees under ths laars AQreemer►t; provfded, howavsr,thst at the eptioee of the . V�=��`�`-
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<br /> ��; �.:�:�,�'"`� BensiiCiary or Trustee.such suma may be added to the principa!batance of any tndebtednsas secured hereby and sGeall�6ear �� ;' �;'Y=
<br /> °� � •-- F;• � ttie same In�srest�s auch indebtedness and ahalt bs payabte rataDty orer the romaiMn�term tl�e►eof. �- �= � .�
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<br /> ., ;i��}�;.. 1'�}� •��:� �,: 8,A u i p n�n�t W R�nt�.Bensticiary shail have the ripht,powet and autho�ity durinp the contiouance ot tt�is Deed ofTrust to � �.
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<br /> , r��3;.�y,:`,YjR'15n,4a.��'.' coNect the rents,lsaues and proflts'of tM Property and of an a t rope r t y loca t e d t l iereon w'i t t�o�w l t h o u t t a k i n y ..
<br /> � poaaesston of the Property attected hereby,and Truator hereby absoluteiy and unconditlonally aasipns at1 such rents,issues � :!J �' .�:
<br /> °-�` 'y%.°���, :• Mreb consenta to the Trustor'a coltection and rotentton o!sucb rents� '�,� �`•
<br /> - �. and piot[ts to.8enstlClifY. Benefic��t, howeve►, Y �,�:__v 7:..:.,--•
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<br /> � (saues�ind proflts as thsy acCrue ar�mecome ps�yaDte ao tonp aa Truator ia not,at au�n tim�in aef�utt;witrt tM►p�ect�to pa� �.;;;:;��,.n-�
<br /> ��'"-':' ��' �•�. ,•�'� I ment ot any indebtednsss aecurod llei�eby os�the performancs of any ayreement hereunder. tDpas�_any auch detauli, r �
<br /> � Bsnsficl�ry may at any time.elthsr In perso:o,6y a�ant or by a recelver to be appolnted by a eourt,without notice and without
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<br /> �.- 1 - � -� ; repard to the adequacy of any secu�ty f�r the indebtsdneaa hereby secured:(a)enter upon and take poss�sston of the Proper- �„t�.:�,;;
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<br /> " � ty or any part thereof snd in Itsow�name sue for orotherwise copect such ronta,isaues and protits,inciudinQ those past due � _: ':.�r� ;:;::�
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<br /> � � snd unpaid,and appty the aame,+eas Cost�and expensea of operdtion and coliectio�s,lT:k+din�reaaonabte atiomey tees, ::� :� ��-;,.,,t,:�
<br /> . � upon any Indebtedness secured hereCy and in such order as Beneficlary may detennine;(�)perform such acta of repair or pro- ., f4,.,.
<br /> � � tection as msy be necessary or proper to consene the vatue of the Property;(c�lease the Same or any paR.hereof for such ren- i �:
<br /> � � tal term and upon auch Canditlons as Its Judpment may dictate.Untess Trusto�and Beneficiary apree otherwiae in wrlUnQ,any : • �
<br /> ' �•.`••a'.�•. appilcatlon of ronts,isaues or profiis to any indebtedness aecured hereby shali not extend or poatpone the due date ot tbe in- - � - =';,;�;�;
<br /> t • "'�' stailment payments aa provided ir Lhs Loan A�reement,and the applicatfon thereof as aforesald sfiall aot watve or cu�e any ; ,;;��::;;:;
<br /> , . .��:;{;;;:,;:-:�- •. . . �'`,.J;:��;
<br /> � � • • . • default or natice of detautt hereundex or Inv�tidate any act done purauant to auch notice.Trustor also assipna to Ber�eficlary, ± �.,a..,_ .
<br /> ' � � • as tuRhsr secu�ity tor the pertormance of the oblipationa secured hereby.all prepaid rents and all monies whlcA may have -
<br /> • . • bssn or msy hereatter be depoaited wtth oaid Truator by any tessee of the Property,to aecura tha payment of any rent,and `: � � ` �
<br /> - - >� "•. • : upon Qsfautt in the perforamoce o3 any ot tAe provisiona hereot,Trusto�agrees to deliver such rents and deposits to the _ .` �`r��,:;�.�
<br /> �, '` .� . . Bensficlary. Oetivery of written noiice of Beneificary's exercise of the rl hts pranted caeretn to an tenant occuDyin osid . • ':" '•'`'
<br /> 9 Y 9 ,;:s'_
<br /> • . premises aAa11 be aufficfent to reG�:ire said tenant to pay sas�rent to the Be�eflaiary a1_+t further notFce. , !'��.�",,�...; .
<br /> � � ����� 9.Ca�d�mnNlon.lf iitfe to any pa►t of the Property shall be tascen in condemnatton prvr�dings,by ri�ht of emin�nt Comain �
<br /> ' � � or slmilar aotior►,or E����be aoid under threst o!condemnatlon,ali awarCs.Qama�es and proceads ara hereby asalpned and - ' I`' �
<br /> - � s ' ehall be pald to 8sneftalsry who st�ail appiy sucA award,damages and pro�eds to the sums aecured by the Oeed of Trust, . ..
<br /> -_. �"�`'"-•' � wfth the e�(ceas,If any,pald to ttr�e 7ruatar. - _
<br /> �•�^�` ..:� ..� 10.Fuh�n Advane�s.The Loan Apreement provldea for advances irom time to time to Trustor by Beneficiary as provlded � . •,�.;":;.'�
<br /> �'' '� • thsreln.In addition,upon requeat of Truator,8eneilclary,at 8eneficiary's option,prtor to reconveysnce of the Property to tAe �.�.�:"•:•°'
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<br /> • �•''' �- T►uato�,may make aQaitfonat luturo advances to the Truator.Such tuture adrances,with Intereat tharean.shalf be aecured by � , ., _
<br /> .. R � this Deed of Truat when evidenced by promisaory notea stating thet sald notes are becured hereby;ptovided that at no time . _ ' •
<br /> r •'�. ' ahall ths aecured principal and future advanCea,nof InCtudln�auma advanced to protect the security,exceed one hunared per- �•
<br />- "�``' '� �� • cerrt(100y)of ths orlpinal princiQat amount�aecured hereby. � � ''�' ��
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<br /> . �. '�?�`;_�� 11. R�dIN Cunwl�tiw.Ail rec�edies provlded In tRfs D�d oi Trust are distinct and cumutativa to aay other ripht or � '� '��'
<br /> ' ' "" nm�dy underthls de�d oiTruat or atforded by law ar equlty,�^,d may be exerai�ed concurreMty,independenity or succesaive- :".,�'�;.,�:.'""
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<br />- :::-;� - ..... .- -..= =� �2.Ateakse!lss�!���+!!�►A det��11 shatl exist In the event ot: �� , ,_ .
<br /> _ (A) Any traud or misrepresOr:�Cst;�ee by ihe Truator In coneeatlon with ihe Itne of credit whtch tAis Oeed ot Truat secures: � ' " °
<br /> .(� An�failu�e on tM part of tAs,'�rustor to mest tAe repayment terma in respect to the Loan Apreement and any other ad- ���.
<br /> vance�undsr thls Deed of Tnsst t�ereby secured;and, � �
<br /> �G� A�y actton by thsTrustor prohibited by the terma of the Loan A�reement orthls Deed of Trust or any fallure of the Trusto� .
<br /> to act�s rpuir+�d by the Lom AprosmeM or thts Da�d o!Trust,each of whicfi Trustar Mreby apnss havs an adverse ef• '�-_'---_--- --
<br /> �lact on th�Bin�ticlary's seeurity ta the Ilns of credit e�tabllehed and the NpAts of tM 8eneficlary In sucb sacu�ity, ' .
<br /> — and upon the happen}ng ot any auch eveat oi delauti,Beneticlary may declate all aums secured hereby imoeediately due and _ .
<br /> p�labN by ddiMrry ta Tnistee of written d�clardlon of Mf�utt.Ths Trua�s�thatl havs the powsr of sate ot ths Property,and if _ _
<br /> 9�Ibisry d�slns the Prop�rty to be�otd,it sftail deposit with Truatss thts tlssd of trust and all promi�sory notes and
<br /> docunwntf�viprncinp expenditu►es secun0 hu�by and shail dsNvsr to T�ustM a writtan notiec af detault and eNCtlon to , • ' . �
<br /> ciui�tM Pro�.wty to b�aotd,�nd th�TnntN in.tum shail pnpan a notice in ihs fam�aqutred by law.whlch shal l bs duty til•
<br /> �d tor r�cotd b�r Tru�IN• .. , . •
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<br /> � _ __�A)AfLr thE Jip�g!aucA itmi sa in�ll�rp�i�!N!,l,�I law tolbwinQ tht ncocdation of sald notk�ot d�tauN.and notic�ot �
<br /> d�1auN arb ndloi of siN haWnp bMn piwn as rpuind 6fr iaw�Tnii��e.witfauf d"i-mand on Truita.sfisA siTl tllb Rio� , �
<br /> :• ty on 1M d�M�nd st tM tin�and plaa dNt�n�t�d M safdaotke of saN,at pubtic auction to tM hiph�st biddu.th�pur• ,
<br /> ch�N prk�p�y�bl�in lawtul mor�l of th�lMH�d$ht�s N ttf�t(m�oi�U.Ttr�pinon donductlnp tft�ql�may.tOr�ny
<br /> • ow��M d�is aWdiMK.Po�tPon�tIN MN hpm tim�to t1�N u�tll it shail b�oomplM�d and.in�wry suCh eaN,notk� i
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