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<br /> intereet at the rate hereiaafter pravided ehall constituta a lien upon the "
<br /> Pxaper�y, sha].l be seaured by thie DEed of True�:, and ehall ba f.mmeditttely
<br /> - due and repayabl� to the HeneE�.eiaxy� (h) not to se11 ths Property or any
<br /> -- portion there�f without the approval of the Benefiaiazy► in wr�.tingt and in
<br /> �---- - _' the evsnt of any eale harein prohibi�ecl, �hen��he ernt3.re indeb�edn6sa gacurnd � -_
<br /> by this Deed of Truet ahall, at the option of the Senefiaiary, beaome due suid
<br /> - payal�le j (i) that if the Property or any part or parael thereof ahall be
<br /> • taken or damaged under the power of eminent domain, the award for any
<br /> Property ao taken or damaged tincludir�g severance damages to the remaining
<br /> � premiaes) shall be paid �o the Heneficiary and applied in fu].1 or in part at
<br />-•� ' tho option of the Beneficiary in reduation of the indabtedneos hereby
<br /> securedj (j) that the 8eneficiary shall have the righe to inspect the ____
<br /> Property at euch xeasonabYe timea as the Beneficiary may desire to determine
<br /> Trustor's cGmpliance with the cavenante contained in thi.s Deed of Truetj (k3
<br /> that the Benef iciary may re�ease from the lien hereof any part or parcol o£
<br /> the Property without requiring any consideration therefor, and (1) that
<br /> _ Truator ia lawfully seized of eaid premises and Property in fee simple, that
<br /> - `�-L��'�"'"''= the sa�te are frec frotn all Zfens and encumbranras gxe�Apr. aa may otherwiae be �
<br /> �,°�;�-�,�d�'--.
<br /> :��r;��•r.,.�,�.�,., apec�.£ically noted herein or waived in writing by the Beneficiaryi that
<br /> , ,, ,,. Trustor will execute or procure any further neaeasary aseurancea of title and �_
<br /> ���'4 ... „�•,; }�:: ;-. does hereby warrant generally the title to said Property and will forever
<br /> ,�� � � defend the same againet the claims and demands of all peraons whomsoever, and
<br /> ' ;••: � that Truator's separate eatate, whether veated, contingent or in expectancy, p
<br /> " „ � ia hereby canveyed and Trustor does hereby expxesaly waive, release a11 �'�
<br /> ., ., rights and benefits of any homestead, dower, curteay, appraiaement, exemption �'�•��,�
<br /> ,,
<br /> " and atay laws of thia atate. It ie agreed that the interest provided for ia �;�
<br /> � �" " aubsection (g) above shall be at the same rate as apecified 3n the Nate . �,
<br /> secured hereby on the principal thereof after default and maturity. '
<br /> � �_
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<br /> .._, .. . . .. . '._-.,..uP. :
<br /> sECONn �Tn the event Trustor, without the prior written coneent of ��±;;'�:
<br /> Beneficiary, shall sell, tranafer or convsy or contract to ae11, tranafer or �' .:
<br /> ,r>�:.: -
<br /> ,. canvey the Property, or any part thereof or any interest therein, the entire •,.. �:
<br /> :�'r.
<br /> balance of the indebtedness hereby secured shall become and be immediately �.,��.
<br /> ` � due and payable at the option of Beneficiary; provicled, however, Beneficiary � .
<br /> may waive auch option to accelerate if, pr3.or to such sale, transfer or ,�
<br /> . conveyance or contract therefor, BeneficiarS: and the pereon to whom the �
<br /> property is to be sold or transferred reach an agreement in writing that the
<br /> �� credit of such person is satisfactory to Beneficiary and that the interest
<br /> payable on the aums secured by this Deed of Truat shall be at such rate as
<br /> Seneficiary ahaZl request. `,. ,
<br /> , ;.;.:
<br /> �xzRn. That as further security for the payment of the Nate and the
<br /> .. indebtednesa thereby eviaenced and the performance of all of the terms,
<br /> ., � covenants and conditiona hereof, Trustor agreea that BeneEiciary ahall and I � ��
<br /> does hereby have the right, power and authority during the continuance of I.
<br /> �� this Deed of Trust to collect the rents, iseues and profita of the Property
<br /> . and af any personal property located thereon with or without taking
<br /> possession of the property affected thereby; and Trustor hereby abaolutely ..
<br /> and unconditionally assigns all euch renta, issues and profits to Beneficia-
<br /> � ry. Beneficiary, hawever, hereby consent� ta Trustox's collection and
<br /> retention of such renta, isauea and profita as they accrue and become payable
<br /> so long as Trustor is not at such time in default with respec� to payment of `�
<br /> � ; any fndebtedness secured hereby or in the perfoLmance of any agreement i
<br /> � hereunder. Upon any such default, Beneficiary may at any time, either in !
<br /> • person, by agent, or by receiver to be appointed by a court, without notice �
<br /> and without regard to the adequacy of any securi.ty for the indebtedneas
<br /> •� hereby aecured (a) enter upon and take poaseasicn of the Property or any part
<br /> thereof and in ita own name sue for or otherwi�se collect such rents, isaues
<br /> � , and profits, including those past due and unpaid, and apply the same, leas ,
<br /> costa and expenses of operation and collection, including reasonahle
<br /> � attorney's feea, upon any indebtedneas secured hereby and in such order as
<br /> � Beneficiary may determine; (b) lease the same or any part thereof for auch
<br /> �L._ I J""�_ �_
<br /> - � � rentai, zerm and upon sucn conuiiioi�r� ars beci�iiGiuFy"es �uuyu�cui. u�dy u��i.ai,c
<br /> � or terminate or adjust the terms and conditions of any existing lease or
<br /> . leases. Unless Trustor and Beneficiary agree otherwiae in writing, any
<br /> � � app].ication af renta, iesues or profits to any indebtedness eecured hereby
<br /> shall not extend or postpone the due date of the inatallment paymenta as
<br /> ° �� provided in the Note or change the amount of such installmentr�. The enterin�
<br /> ' upon and taking poesesaion of. the Property, the collection of such renta,
<br /> � ��• isaues and proffts, and the application thereof as af oresaid, shall not waive
<br /> or cure any default or notice of default hereunder, ar invalidate any act
<br /> done pursuant to such notice. Trustor asaigna to Beneficiary, as further
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