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<br /> without releasing 'frustor from a►iy obltgatton hereunder� may make such appeara�cs�� dlsburss
<br /> __ such sun�s, and take Ruch aetion as is nece�sary to protect Ben�tficiary'a interewt, includin�,
<br /> �� but not limited to. disburseme�it oE reaaonable attornQy's faes, p+�yr�ent, purchase� contest
<br /> or conpromiae oC any encurabranco, chargo or 1iea, and en[ry upon the Property to n�eke r�pairs. _�. _
<br /> �. In the evenr, thwt Tr�etor ahall fail to procure insurance or to pay taxes, assesament�� or
<br /> __�;�� any other r.hncgea or to meke any peyMents to exi�ting prlor lieo holders or beoeFiciaries,
<br /> ��+���.�� Beneficla.y inay procure such insurance e�d m�ke such payment. Any amounts disburaed by
<br /> �„�-r�-�: �: }�,,�; rienef ic iacy pursuant to this Paragraph 6 ahall become addi[ional indebtednesa of Trustor
<br /> �-�"1�',M�„• �� secured by this Deed of Truat. Such amounts aholl be payable upon notice from Beneficiary
<br /> ���=::—.. lo Trur►toti� roqucsting �Ay���c thcreof, and shal l bear interest [rom the dnte of disbursen�ent __
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<br /> �":'-'-�<�'�"�- ��� at thc rote payable f rom time to time an outstand!»g principat under the NOTE unless paymenk
<br /> ��� ����=-.?��� of interost at such rate aould be conkrary to applicable law, in which event such amounta shall _
<br /> .:. ,.. . � � . . bear interest at tl�e highest raee permissible under appltcable law. othing contained in thia
<br /> �i�x,r.,.. •�•�..t�.
<br /> -- • •• • • �._..,�, Paragrapl� 6 shall requlr� 6eneficiary to incur any expense or take any action heraun er.
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<br /> t; • 7. Aasignnent of Rents. Beneficiary ehall have the right, power and authority ur ng
<br /> " ' tbe continuance oE this Deed of 1rust co collect the rents, issues and profits oE the Property --�
<br /> � , and of any personal property located thereon wtth or wlthout takiag possassion of the property
<br /> . . , affected hereby, and Trustor hereby absolutely and unconditio�ally assigns a1L such rents,
<br /> . issues and proEita to 9eneficiary. BeneEtciary, however, hereby conaents to the 'Crustor's
<br /> ' collection and reten[ton of such rents, issues and profits as they accrue and become payable
<br /> ' so long as Truator is not, at such time, in default with respect to payme�t of any indebtedness
<br /> secured hereby, or in the performance oE any agreement hereu�dec. Upon any such default,
<br /> fieneticiary mAy at any time, elther in person, by agent� or by a receiver to bo appointed
<br /> � by a court, without notice a�d without regard to the adequacy of a�y security for the indebt�
<br /> ' edncsss hcreby secured, (a) enter upon and take possession of the Property or any part thereoE,
<br /> ' and in its owa name sue for or otherwise collect such rents. issues and proCits, includiog
<br /> '=-_- -- -- _--- those past due aod ur.paici, a��J dpNiy tbe sane, 2ess costs and axpen�es of operetion and
<br /> � collection, including reasonable attorneys Eees� upon any indebtedness secured hereby� and
<br /> in such order as Beneficiary may determinei (b) perform such acts of repair or protection as
<br /> may be necessary or proper to conserve the vaiue of the Property; (c) lease the same or a�y
<br /> . parC tliereoE for such re��[al, term, and upon such conditions as its judgement may dictate or
<br /> i � terminate or adjust the tcrms and conditions of any existing le$se or leases. Unless Truskor —
<br /> � and Denetictary agree otherwise in writing, any applicatton of rents, isaues or profits to any
<br /> �� indebtedness secured her�by shall not extend or postpone the due date of thc installment
<br /> payments as provided in said promissory note or change tlie amount os such installmenCS. The �:.,.
<br /> i��' entering upon and taking possession oC tf�c Property, [he collection of sucl� rents, issues and ---
<br /> � , profits, and thc appl ication thoreoC as aforesatd, sliall not waive or cure any default or �
<br /> nottce of deEault hereuncler, or invuliclate any act done pursuant to such notice. Trustur
<br /> " � nlso assigns to Oenef ici�ry, es furtlier security for the performance of the obligations
<br /> secured hereby, all prepaid rents and all montes whicti may have been or may hereafter be
<br /> • i depositcd wi[ti said Trustor by any lessee of the Property, to secure the payment of any renk � '
<br /> ' or doma�es, und upon default in the performance of nny of thc provisions hereof, Trustor _
<br /> agrees to del€vcr such r�nts and deposits to BeneCiciary. Delivery of wri[ten notice oE R
<br /> J�eneficinry's exercise of tlie riglits �ranted lierrin, to any tenant occupying said premises � •
<br /> , si�nll bc su[Eictent to require said tenn�t to pay said rent to the BeneEiciary until further �,_
<br /> notice. '
<br /> � 8. Condemnation. If title to any part of tlie Property shall be taken in condemnatio� �
<br /> . proceedings, by ri�ht of eminent domntn or simil�r action, or shall bc sold under threat of
<br /> •, �' condemnation, all awards . damages and proceeds are hereby assinned and shall be paid to �
<br /> � I�eneticiary who shall apply such �w�rJs, Jamages and proc��ds to the sum secured by [his ,
<br /> , 1 Ueed o[ Trus� , with Lhe excess, if any, paicl �o Trus�or. I[ Trus[or rece[ves any notice or
<br /> otlier iaforma�ton re�arding such actions or proceedinFs, Trustor shall give prompt written
<br /> � notice thereof Lo Deneficiary. I�eneficiary sli�ll be enti�led, at its option, to commence,
<br /> appear [n and prosecu[e in i[s own name any such action or proceedings a�d shall be entitled
<br /> � to make any compromtse o r settlement in connection with any suct� action or proceedings.
<br /> ' 9. Remedies Not Cxclusive. Trustee and Bene[ictary� and eacli oE them, shali be entitled
<br /> � to enforce payment and pc:rformance o[ any tndebtedness or obli�ations secured hereby and to
<br /> exercise all rights a nd powers unJrr �I�Is Qeed o[ 7'rust or undcr any other ngrceme�t execu[ed
<br /> � � i.. .. ....lt.... M........Itl. ..r n.... ln��c nnu nr I�nrnnfhnr• in �nrr'(+. tlllfWll'IISCAYIfI{IlR SOIlIC OC Alt Of
<br /> ( thcVsuchVindcb�ed�ess and obligat[ons sccured lierei�y may now or liercafter beVotherwise secureJ,
<br /> f wliethcr by mortgage, dced oE lrus[, plcdFc. li�n, assignment or otherwise. Ncithcr the
<br /> ' • acceptanee o[ tl�e Deed of Trust nor its �n[orc�men� wliother by r.ourt ac�ion or pursuant to tlie
<br /> '� power oE sale or othrr powers lierein contain�d, sli�ll proJudice or in nny m.�nner af fect
<br /> � Trustee's or Denef ici ary •s riFhr. to rer►1 iz� upo�i or rnforcr nny ot.her security noW or here-
<br /> � a[[cr held by Trustee or Denr[iciary, it bcing a�rced lhat Trustec and DenrEiciary, and C8CI1
<br /> � of ll�em� shnll l�c rntitl�J t.o enforce this Ucrd of 'I'rus� and any other securiGy now or hrre-
<br /> � af tcr held by penef lc iary or Trustre i n sucii ordcr nncl m�nnrr es thry or cithcr of ttirm may
<br /> , (3)
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