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<br /> g, IT Z3 MUTUAI+LY AOREED TIIAT:
<br /> = 1, Ase anment of Ren�a. Beneficiary ehall have the right,
<br /> -------"-"'- power and authority during the ccntinuanc� of thia Deed of Truet to
<br /> ���:� collect the renta, ieeues and prafits of the Property and of any
<br /> �=T—"� pereonal property located thereon with or without taking possession
<br /> �-�,��� of the preperty affected hereby, and Trustor hereby abaolutely and � -_
<br /> unconditio:lally asaigns all such rents, issues and profita to
<br /> �. howevex, hereby consents to th�
<br /> °��~�,�;� Beneficia Beneficiary,
<br /> �"�'�''`�="-c'� Truator' s collection and retention of such rente, is�ues and
<br /> • ,.:���'� prof ita as they accrue and become payable so long a� nt of r any
<br /> T� - not, at auch time, in default with respect to PaYm reement "`"`"
<br /> ,; ,ti �
<br /> � y indebtednese aecured hereby, or in the perfarmanc�af at a y time,
<br /> ,� �' `'` r'�� � hereunder. Upon any such default, Beneficiary Y
<br /> - �;1�'`;,�,,., eit her in p e r e o n, b y a g e n t, o r b y a receiver to be appointed by a
<br /> ..{�'�`+,;, ,�,;
<br /> — ' ' �.r,..:...�.._�K court, without notice and without regard to thP adequacy o any
<br /> ' �� ���•Y•.=:3"r���g; security for the indebtedneas hereby secured, (a) enter upon and
<br /> �'�'`"�"'�:,�-,;.,.x take posaesaion of the Property orany part thereof, and in its own
<br /> '; ' - � �� name sue for or otherwise collect such rents, issuea and profits, _
<br /> the same, less coets
<br /> :� including th�ae past due and unpaid, and aPp�Y;ncluding reasonable �..:�"
<br /> �` ., ' and e enses of operation and col lection, 4".`:;,_
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<br /> j�. , , � attorneys' fees, upon any indebtedness 8 erform such actanoflrepair _ __
<br /> , arder as Benef iciary may determine; (b) p _��
<br /> , . � . or protection as may be necessary or proper to conaerve the value �-�_�
<br /> � of the Property; (c) lease the same or any part thereof for such =
<br /> .,:� „ . ent ma dictate
<br /> rental, term, and upon auch conditions as ita judgm Y �''''
<br /> � or terminate, or adjust the terms and conditions of existing
<br /> •� leaaes. Unleas Truator and Benef iciary agree otherwise in writing, �y
<br /> any application of rents, issuea or profits to any indebtedneas �,_y_.
<br /> - --�-----�--��- secured her�by ahall not cxt�nr3 or �48t�one the due date of the
<br /> � � . installment payments as provided in said promiasory note or change __
<br /> �r �' ' th� amount of su�l� installments. The entering upon and taking s,�,.
<br /> posaession of the Property, the collection of such renta, issues a_
<br /> • and profits, and the application thereof as aforesaid, shall not _--
<br /> waive or cure any default or notice of default hereunde� or �°;
<br /> � � invalidate any act done pursuant to such notice. Trustor also p- �
<br /> , assigns to Beneficiary, as fuxther seaurity for the performance of M::.
<br /> �; the obligations secured hereby, all prepaid rents and all monies �+ �
<br /> ��+ which may have been or may hereafter be deposited with said Trustor ��•� �
<br /> � ' by any leasee of the Property, to secure the payment of any rent or � �;
<br /> - �� •� damages, or upon default in the performance of any of the �
<br /> , provisions hereof, Trustor agrees to deliver such rents and �
<br /> � , deposits to Beneficiary. Del.ivery of written notice of
<br /> Beneficiary's Pxercise of the riqhts granted herein to any tenant
<br /> occupying said premises shall be sufficient to require sid tenant ,
<br /> to pay rent to the Beneficiary until further notice.
<br /> " � 2 . C�ndemnation. If title to any part of the Property shall
<br /> ' , . be taken in condemnation proceedinga, by right of eminent domain or
<br /> airnilar actioii, or shall be �old under threat of condemnation, all
<br /> � ' � awards, damages and proceeds are hereby assigne d and shall be paid
<br /> '� to Senef iciary who shall apply such award�, damages and proceeds to
<br /> i the sum secured by this Deed of Trust, with the excess, if any,
<br /> ; � � paid to Trustor. If Trustor receives any notice or other
<br /> . � information regarding such actions or proceedi.ngs, Trustor shall
<br /> ,�+ i give prompt written notice thereof to Beneficiary. Eeneficiary
<br /> � � shall be entitled, at its optian, to commence, appear in and
<br /> I , � prosecute in its own name any such action or proceedings and shall
<br /> • be entitled to make any compromise or settlement in cannection with
<br /> , � any such action or proceedings .
<br /> � 3. Futu e Advances. Upon request of Trustor, Beneficiary at
<br /> ::_ �_ Beneficiary's option, prior to reconveyance of the Property to
<br /> _t_,. C. �...-e n�3���n nac t A 'rYUS t.OY'. .SLlC�'1 f uture
<br /> � ..:- - ._._ '1'rll9ivr, ii�dy u�un� �.......�.. .,.... ------- -
<br /> �� ' � advances, with interest thereon, shall be secured by this Trust
<br /> Deed when evidenced by promissory notes stating that said notes are
<br /> ' secured hereby; provided that at no time shall the secured
<br /> ��
<br /> principal and future advances, not including sums advance to
<br /> � protect the security, exceed 100� of the original principal amounts
<br /> secured hereby.
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