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<br /> � S.Taw. ��.��►M��Trustor shaii pa�r ail toxes,asaosaments and other chorges,fneluding,without Ilmifatlon,fines cnd fm- —
<br /> �. �� . positiom attributabi�to the Prop�rty.and leaseiwid poymer�s or pround nnf�, if any.before the wme become deltR�uent.T►u:ta:hcii promp- --_U�_Y�'-� �.
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<br />-. .��, . tl�furnfsh to 8enetkiary olt noti�es of amounn due under this paropraph,and in tM ewnt Tniator thall make poymem directly,Trusta shcN _ �._.
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<br /> , promptly tweish to Bernflciary receipta evld�nSinp such poyments.Trustor shall pay all taKet and asaessrtNMs which moY be le�ied upo^ �.,_��y RT-
<br /> -- •�'�� ��� �• - � gas�f;ttcry's interest herefn a upon this DMd of Trust without repard to an� law Phot malr b��noctrd imposinp paym�nt of the whole or any Es � �t� '-L--- _
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<br /> ' . port thereof upon the Beneilclary. -: t�.-
<br />` 6, AIitMMI Li�wi Mt�etiM d N�wtkls�'�9a�rfh�Truata ahcll mdct olf po�tmQnts of intsrest and ptintipai artd poyrtsents of any �,� ;�, ��,�.
<br />� , � other chorgea,f�es and expmaes controcted to bi paid to any exfstin�lienholden or prior benefleiaies under any prior deed of trust or mor• ._;,;...,�,--___ __
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<br /> di:e the �.�,�;:-_
<br /> 4pape befae the date they are delinquent and p:�i�ptly pay and discharge any and all other Ifens, elaims or chcrges whfch may ieopor � .
<br /> security granted herein. if Trusror faits to moke any such payment or faUs to perforn►any of the eovenants ond agreements cor�oined in this . ;;•:;�,f"�t.�;;-":
<br /> " ' • Deed of Trust,or in any prior mortgcge or deed of trust,of if any oction or proceedirq is cammenced which mmerially affects Beneficiary s in- ; �� —
<br /> terest in the Property,inciuding,but trot Iimited to,eminent domain proceeding:,ot proceedings Invoivirtg a decendent,ar if Trustor fatis to pay . : ;."_.
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<br /> � � Trostor's debts generolly os they become due, then Beneficiary,at Beneficiary's option and without natico to or demcnd upon Trustor ond �,,, _
<br /> � without releasin�Trostor from any obllgation hereunder,may make such appea�arxes,disburse sucfi sums,ond take such cction cs is necessary ; ,;,.
<br /> - , Yo protect Beneficicry's i�terest including,but not limited to,disbursemem of�easonable atiorney's fees,payment,purchuse,contest or com- i�,��. . __
<br /> % „ pramise of ony encumbrance,cficrge or lien,ortd enfry upon the Property to moke repairs. In the event fhot Trustor sholl fail to procure in• `�:.r< :, �
<br /> suronce or to pay tnxes,assessmants,or any other charges or to make cny payments to ex(sting prior lien hoiders or benef�tiories, Beneficiory r,'.':., ��
<br /> muy praure such insurance and make such pnyment.Any amounts disbursed by 8enefkfaryr Dursuont to this Paragraph 6 shull became additioncl , „, .:.��,�__
<br /> indebtedness of Trustar secured by this Deed of Trust.Such amounts shall be pa�Cble upon notice from Beneficiary to Trustor requesting poy- ..;ti,:,'^_•-
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<br /> - � - � - msRs thcrcot,ond sfiali bear in�erpct from the date of disbursement at the rate payabte from tMe to time on outstanding principat under the ._,,,,,�,,�
<br /> Note unless payment of interest ot such rote would be coMrary ro oppliccble low,in which event such amounts shoii bear mterest at the highest �°:,��T;�_.
<br /> „ rate permissible under applicable law.Nothing contained in this Paragrcph 6 shau�eq�ire Beneficiary to incur any expense or take cny action �+ �• .. �.,.. M _
<br /> hereunder. � � '"' —
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<br /> 7. b�ignment of Rentt.Beneficiary shall have the right, power ond authority during the continuance of this Oeed of Trust to collect the . ��•'s�-
<br /> rents,issues ond prafits of the Property cnd of any personal property Ixated thereon with or without taking possession of the propeny affected , ;:�• " ���
<br /> � hereby,and Trustor hereby absolutely and unconditionally ass+gns all such rents,issues and profits to Beneficiary.Beneficia�y,however,hereby " ' � '�� -
<br /> , consents to the Trusta's collection and retention of suth rents,issues and profits os they cccrue ond become payable so long as Trustor is not, . ,�
<br /> •1 � at such time,in default with respect ro poyment of ony indebtedness secured hereby,or in the perfamartce of any agreement hereunder.Upon , `` ' .��
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<br /> any such default,Beneficiary moy at any time,either in person,by agent,or by receiver to be appointed by o court,without notice and without ,
<br /> _ .pgo�d to the odequacy of ony seturity for the indebtedness hereby secured, (al enter upon and take possession of the Property or any pert 4•• — _ ;;µ;,,. �.�
<br /> thereof,and in its own name sue for or otherwise collect such rents,issues and profits,inclWfng those past due and unpaid, arid app=y the soms,
<br /> less eostg and pxpenses of operotion and cdlection, inciuding reosonable ottorneys fees,upon any indebtedness setured hereby, and in such , I
<br /> , ma determine; b) erform such acts of repair or protection as moy be necessary or proper to conserve the value of the ,•�V'�.r� ';
<br /> orde�as Benefic�ay y ( P
<br /> Propeny:(c)lease the same or any part thereof for such rentol,term,and upon wch tonditions as its judgment moy dictate or termincte or ad• . + ;
<br /> • just the terms and conditions of any existing leose or leases.Unless Trustor end 8enefitiory agree otherwise in writing,ony applicetion of rents, .� �� µ:; _i
<br /> issues or prot�ts to any indebtedness secureJ����cuy sho1S nat�xterd or pa:tFcn:i•"•e au°d�t^^F tha inatallment poyments as Drovided in soid ,,. ',_,i;:�
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<br /> promissory note or chcnge the amount of sah installments. The entering upon ond taking possession of the Property,the collection of suth �_ �; �
<br /> rents,issues and profits,and the appl�cation thereof os aforesaid, shall not waive a eure any default or notice of defoult herevnder,or in• ,�r•�
<br /> volidate ony at done pursuont to such notice. Trustor a�so assigns to Beneficiay,as furt her securi ty for t he p e r f o r m o n c e of the obti gntions ;; �
<br /> • secured hereby,all prepoid rents and all monies which m4y have been or may herenfter be deposited with said lrustor Ey any lessee of the Pro• ; I. �
<br /> perty,to setwe the puyment of any rent a damoges,and upon defoult in the perfamance of any of the provisions hereof,Trustor agrees to '
<br /> deliver such rents and deposits to Beneficiary.Delivery of written notice of Bene�iciary's exercise of tho rights granted herein,to ony tenent oc• � � y�r'
<br /> cupying said premises sholl be sufficient to require soid tenant to poy said rent to the Benetitiary until further notice. � �.;''` �
<br /> 8.tandemnation.If title to any part of the Property sha�l be token in condemnotion praeedings,by right of eminent domein or similar action, ,
<br /> " I ar Shall6e sold under threat of condemnotion,all Qwerds,domages ond proceeds a�e hereby assigned and shall be paid to 8eneficiary who shall
<br /> Iopply such awords,damages ond proceeds to the sum secured by this Deed of Trust,with the excess,if any,poid.to Trustor. If�rustor receives � •• �
<br /> I ony notice or other information regarding such actions or proceedings, Trustor shall give prompt written notice thereof to beneficiary. i
<br /> 8eneficiory shalt be entitled,ot its optian,tocommence,appear in and prosecute in its own name any such action or praeedings and shall be en•
<br /> � titled to make any compromise or setttement in connection with any such action or praeedings.
<br /> � 9. Remedles Not E:cluslre.Beneficiary shotl be entitlNd to enforce poymenr and performance of any indebtedness o�obligations secured
<br /> hereby and to exercise oll rghts ond pov�ers under this Deed of Trust or under any other agreement executed in tonnection herowith ar any laws
<br /> now or hereafter in force,notwithstanding some or all of the suth indebtedness and obligotions secured hereby may now or hereofter be other•
<br /> � wise secured,whether by mortgoge,deed of trust, pfedge,lien,ossignment or otherwise.Neither the acceptance of this Oeed of Trust nor its .
<br /> enforcement whether by court oction or pursuant to the power of sale ar other powers herein contoined,shall prejudice or in ony manner offect
<br /> Benefitiory's right to realize upon or enforce ony other security now or hereofter held by Beneficiary, it being agreed tlwt Beneficiory shall be
<br /> � entitled to enforce this Deed of Trust ond any other security now or hereofter held by Beneficiary in such order and monner as it may in its ab-
<br /> �! solute discretion determine.No remedy herein canferred upon or reserved to Beneficary is intended to be exclusive of any other remedy herein
<br /> a by low provided or permitted,but ench shall be cumulotive and sholl be in oddition to every other remedy given hereunder or now or hereafter
<br /> . ezisting at law or in equity or by stotute.Every power or remedy provided hereunder this Oeed of Trust to Beneficiary or to which it moy be
<br /> ' . otherwise entitled, moy be exercised,concurren►ly or independently, from!ime to time and os often os moy be deemed expedient Beneficiory
<br /> and it mey pursue inconsistont remedies.Nothing herein shall be construed as prohibiting Beneficiary from seeking a deficiency judgment against
<br /> the Trustor to the extent such action is permitted by low.
<br /> � 10. Tronsfe�of Propert�tt A�sumption.I(oll or any port of the property or ony interest therein is sold,trunsferred or conveyed by Trustor
<br /> �� without Beneficiory's prior written consent,excluding(a)the creation of o lien or encurnbrance subordinote to this Oeed of Trust, tbl the crea-
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<br /> � � tan of a purchase money security interest tor household appliances.lc)o transier oy oevise,oesceni vr uy Gyeiuiii,��v��uw�w��••����.�.�.-
<br /> ` � joint tenant or ld) the gront of any leasehold interest of three years or less not contoining on option to purthose, Benefitiary may, ot
<br /> � Be�eficiary's option,declare all the sums secured by this Oeed of Trust to be immediately due and poyable,or cause the Trustee to file a notice
<br /> � � ; � of default. Beneficiary shall hove waived such option to accelerote�f, prior to the sole.transfer a conveyance, Beneficiory and the person to
<br /> � � + whom the pruperty is to be�old or tronsferred reach ogreement in writing thot the tredit of suth person is satisfattory to 6eneficiary and fhot
<br /> ' �' the interest poyuble on the sums secured by this Deed of Trust sha�l be at such rote as Benefici�ry shnll request.
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