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<br /> " �° ° . .��a���O Ilmitofion,fines nnd im• �,,.�..... -��_�':.��--
<br /> " ° � "� S.Te�,As�e�w�1s.w/iM�Ms.jn+ator stwil pay AO taxes,osse:smanta and other ehorges.includtnp,wltha�t --��-;�--.�r e�.--���-,.
<br /> ° positions arnibvtobls to tite Pro,�ertq,ond leosehotd paymsnta or�our+d�eMs,il enlr,bcfua N�e=°ma ti�°ma daNr�quart.r�s y:►►ou a«�a• �-.-- �r�:���.=
<br /> � - , tly turnish to Benefidary ell eotiees of amouMs due undar this porepraQh,and n tM want Trustor sholi moke ps►+meat dires4l ,Trustor ahall '„-A,��� , -�--
<br /> � � pPOmptly furnish ro Benmficiary receipts evideneing sueh paymant�.Truster:hali poy eQ taxes ar�d�s=�Mg �jent of the aiholee or a�inr � 'T `'�`^�
<br /> � 9enefictary's imerost her�ln ar Won this Deed of Trost without ropard to aay law thot may be enocted tm sing poy .,,_i,_.�.�.ti��:_'
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<br /> ° 1"" 6.����Mt�of i�flalerJ'�foa�•Y�ustor shoQ n�ce atl p�yR:.nts df l�r'rcrost artd prirtcipal end poyme�ts of any '
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<br /> other charges, fees and expemes contracted to be pald to any existing lienhotden or prior beneflciaries undar any prior deed of trust or mor- :�+i�;'--_-
<br /> _ _.... . .-_ tpage Detae ti�e dote they are deilnqueM aad promat�Y A4Y a�Ai:charge any and all other Ikens,claims or charges wi�ich mW ieoPordize tM� ';vti-;V,:-_�
<br /> nt or fails to rform an�oi the covenants and ogreements caMained ia this --�.--- -'----: :�;`;;,a-
<br /> securiry graited harein. I}Trostor fails to molce any suth poyme Pe ',,:; •� -
<br /> ° Deed of Trust, or in an�p�ior mortgoge or daod of trust,of if any 6ction or procesdlrg is commenced which materielly affects Beneficiory's in-
<br /> � terest in the F`ropertY.including,but rtat limitod to,eminent demoin praeadings,or procoedirtgs involving a decendent,or it Trustor foils to pay t
<br /> Trostor's debts generalty as they bacame due, then Beneficiary, at 8eneftciary's option and arithout notice to or demand upon Trostor an9 , j
<br /> without�eleasing Trustor from any obligotion horeundor,may moke such appaorancea,disbune such sums,ond take such action as is neeessary 5 .
<br /> � ..�:�� �;��• .: to protect Bene�ciary's in4erest inciuding,but not limited to,disbursemaM of reasanablo attomsy's fees,paqment,�urchosQ•�p�4ast Qr cosn• r.. ;,.., :; v
<br /> to make re irs.in the event tPeat H�ust�r she16 gail90 psmc�rP in- % ".?�;� �} _
<br /> ,�.��,;��. . ; �:-:�. promise of ony eneumbronce,chnrge or lien,and entry upan the ProRert9 �gnts to existin ior Ilen h�IdaPS or�t�etaflco�sries,0ana�iciary ,�.� . ;��^��',,.;
<br /> '`'�+ � ' �� surartce or to poy taxes,assessme�s,or cny other chorges or to make any�ay 9 Pf ;4c::..;:�:.., .. �, . ^:�„�•.;;
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<br /> " "��'°'•`'' moy praure such insurance and moke such payment.My amoun4s dis�urs¢d by BeRa�iciary R�rsaont to this R�ra�rr.p�e 6 sh�10 Q�2tome a tinna ;.,;_;�,,,,.. ,, �..,.�,f.;}r�-
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<br /> . . indebtedness af Trustor secvred by this Deed of Trust.Such anau�4s sRflll Qe paYabCa agaa RoQ�ce from Beneficiary ro 7rustor uesti {;r�,,;:;�;G"...',�:��', -� �
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<br /> �;i,., ment thereof, and shnll bear interest ftom the dete of disbune�ent a4 tha�ate�uwa�1$frem tima to time on outstandi nci al ur,der the r:sc�._�-c--
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<br /> •, . • ;i::;:s Nute unless RQym°nt of interest at such rote would be coMra�r to aRFZ��p��'�a��'n which event such amounts shall beor iMerest at the highest � • 3��� ,.it�,.r,.f{..�
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<br /> •^��>�• ��� reto Prmissi6hle urtder eppticnble luw. Nothing contained in this�nragraph 6 shall r�qvire Benefitiary to incur any expense or take any action s,'t'v�,.
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<br /> �•r. 7. Assignntent ot ReM�. Beneficiary sho11 hove the righ4,poLVer ond authority during the eontinuante of this Oeed of T�ust to collett the ,
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<br /> ""�`t�� '�,-��=���, rents,issues ond profits of the Property ond of any personnl progeny�aat�thereon with or wi9hout tuking possession of the property affected
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<br /> ' '�;��'��^ hereby,and Trusror hereby absolutely and unconditionally essigns all such rents,issues and profits to 8eneficiary.Beneficicry,hewever,hereby ;�'�
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<br /> � :e•i.,.. f� consents to the Trustor's col�ection and retention of such rents,issues and profits as they accrue and become paYab�e so long as Trostor is not, ,
<br /> ��''�'��' ot such time, in defeult with respect to poyment of any indebtedness secured hereby,or in tha performonce of any agreement hereunder.Upon ,4 ,.�;,,
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<br /> •,;�jt':t.", any such default, Beneficiary moy at any time,either in person,by agent,or by receiver to be appointed by a court,withaR e�otice and w�t out � �
<br /> -.- � ;�g��=o t��V!�unt;of a�y cpwrity for the indebtedness hereby secured, (a)eMer upon ord take possession of t�Pr�opertylo+�aP��Q -- �
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<br /> � �.,_:.:.,,: thereof,ond in�ts own ncme sue for or otherwise collect such rents,issaas ond profits,incivaing ihose�+si dua and�mDa , RA Y � , , 1,, ,�
<br /> ;�':-:;���. less tosts and ex�penses of operation ond co{lection, inctuding reasonable attorneys fees,upon any indebtedness secured hereby,and in such
<br /> ; ''!�%;:.;� order as Banaficinry may determine; (b)perform such octs of repair or protec'non as may be necessary or proper to conserve the volue of the j; ..1:�ti;;,`: �
<br /> �'�'4i�� Prop2rry;fc)lease the sume or any part thereof for such rental,term,and upon such conditions as its judgment may dictote or terminate or ad- .;. ;, c. f
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<br /> � just the terms cnd conditions of any existing leose or leases.Un�ess Trustor and Beneficiary agree otherwise in writing,on�apDlication of rents, ;. ,, ,?,
<br /> � �� • ' issues or profits to ony indebtedness secured hereby shnll not extend or postpone the due dute of the installment payme��s as provided in seid � �.��;l. � �
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<br /> �I�?�i:�;;�� promissory note or change the amount of such installments.The entering upon and tuking possession of the Property,the collection of such � r�'�I
<br /> ' :. � rents, issues and profits, and The app�ication thereof as aforesaid, shalt��ot weive or cure any default or notice of defoult hereunder,or in-
<br /> `'"' validute ony act done pursuant to such notice. Trustor ulso ossigns to Beneficiory,as further security for the performance of the obligotions �; .� �
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<br /> :;;.;:� . secured hereby,atl prepaid rents and oll monies which may hove been or may hereafter be deposited with said Trustor by cny�essee of the Pro-
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<br /> � ��.t���•„ perty, to secure the payment of ony rent or damoges,ond upon default in the performunce of any of the provisions hereof,Trustor agrees to I
<br /> �•-��• ����� deliver such rents ond deposits to Beneficiary.Delivery of written notice of Beneficiary's exercise of the rights granted herein,to any tenont oc- ;;,!
<br /> �`��f" �' � in said remises shotl be sufficient to require said tenant to poy said ren4�o the Beneficiary until further notice. ;�yd"`
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<br /> s.y..� • g_�sndaeamotion.lf title to any port of the Property shal{be teken in condemnotion proceedings,by right of eminent domain or similar att�on,
<br /> ' • ' �% ' or shall be s�ld under threot of condemnation,ull owards,dameges cnd praeeds ore hereby ossigned and sholl be paid to 8eneficiury who shall ,j
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<br /> ;;,,j(._'•.`•�t; apply such awor�s,darrages and proceeds to the sum secured by this Deed of 7rust,with the excess,if any,paid.to Trustor. If Trustor receives �
<br /> '`� `,' ony notice �r other information regarding such actions or proceed�ngs, Trustor shull give prompt rrritten notice ihereof to banefitiary.
<br /> ;;;�`,.� . ' Beneficiary shal!be entitled,ut its option,to commence,appeor m ond prosecute in its own name ony such oction or praeedings and shall be en- � .
<br /> '•:: �� tivled to moke uny compromise or settlement in co�ection w�tt�any such action or proceedings. ,
<br /> ��`•,��` 4��� � 9. Remedle: Not Exetusi�e. Beneficiary shall be entit�ed to enforce payment and performonce of any indebtedness or obligations secured
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<br /> ��,f4., �:;,;«,;:, hereby md to exercise ell rights ond powers under this Deed of Trust or under any other agreement ezecuted in connection herewith or any laws
<br /> ,�..e•' •%F;`•.:;'-:��:, now or herea4ter in forte,notwithstonding some or all of tfie�uth mdebtedness and obligations secured fiereby may now or hereafter be other• �
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<br /> ����.�•���,,:. ;���. , �� wise secured,whether by mortgage,deed of trust,pledge,Iien,assignment or otherwise.Neither the acceptance of this Oeed of Trust nor its y
<br /> + 1'�::.' 3�<; •�`;�:'' "% e�forcement whether by court action or pursvant to the power of sale or o�her powers herein contained,sholl prejudice a in any monner affect
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<br /> ";�f,, Seneficiary's right to realize upon or enforce any other security r.ow or hereofter held by Beneficiary, it being agreed tiat Beneficiary sholl e �
<br /> ; • `,�!('`':�,; ' er+Pitted tu enforce this Deed uf Trust ond any other sewrity naw a hereafter held by Beneficiory in such order and monner as it may in its ab-
<br /> ' �.'�;�,�� � solute d:sc�et�on determine.No remedy herein con ferce d up�n o r r e s e r�e d�e B e n e+i c i a r y i s int ended�o be exdusive of my other remedy herein �,
<br /> , or by►aw pcoY�ded or perm�tted,but euch shall be cumulative and shofi ce��add�•ion to ev S Deedeof T-u syto'Benefi eor�yor to which temay be � �
<br /> .`':�_., eu�sring at law or in equity or by statvte Every power or rerrcedy p ovided ne�eunGer�^� .
<br /> ;�;};,s osherwise entitled,moy be ezercised.concurrent�y or md�epartdently,from time to t�me a:�� as often os moy be deemed expedient Beneficiary
<br /> ond it moy �ursue inconsistont remedies.Nothing herein sP�al!�a construed as prohibiting Benef�ciary from seeking a defitie�ety judgment ogoinst
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<br /> the Trustev to tRe extent suth action�s permitted by low. . . i',:• , ,
<br /> ' 10. U�eaQissv of Properry;As�umPtton.If all or any pa�ef the arop2rty or ony interest there�n�s so`.d.fransferred or conveyed bp Trusrcr .`
<br /> ' . arithaat Bemef�ciory"s prior written cansent,extluding lal the creotiort oi o I�en or encombrance su��ord'not?��rnt en of�Iaw uaon the deofh of u � .
<br /> ' fion of apurchase money security interest for househo.0 app��ances. eci���������� �i%�••-� =��---� - -• -- :
<br /> �aint tert¢nt or (d) the grant of any lensehold interess of three y¢nrs or tess not conra�n�rtg an option to purchase. 6erteficiary rrtoy. at
<br /> . �eneficinry�'s option,dectare all rhe sums secured by th�s Oeed of Trust ro be imm�dinrety due end paya3le.or cause the Trustee to f�te o rtotice
<br /> of defoult. Beneficiory sholl hove wai�ed such option to accelerate�f.pr�or ro the sa'a trQnsfer ar canveyartce.Beneficiary ond the person to
<br /> �� , whom the property is to be sold or trensferred reath agreemens in writing that the<rcd�t of such person is satisfottory to Benefitiary artd that
<br /> the interest poyable an the sums secured by this Oeed of Trust sholt be at such rate as Qeneficmry sholl request.
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