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<br /> - -"•�' 4. R I�N �B�tC�=�tp �gtU�T� Tt� . Truntor nhell appaer in an9 eoatoot '„ . • _,_
<br /> ' � '' �ny nr�tion cfr proeeodiaq gus�orting to e�Po�st tho oocurisy horeof oz the righta , � • _
<br /> ;;_:r 3: ;��.;:?'. or powosa of nene�ioiary or TruoCeo, an9 ohall� pay ali aoata anfl oac8oaaoo, ,
<br /> •• inoludiag aone oP evidanaA oE titie easd a�torney a Peen, in aay Auch aation or
<br />_ ptocoediflg ia whicH IIoaoEioiary or Truotoo taay appear. Should Truator fail to ' • ."�_
<br /> ,� tnadce tuty pa�ymeat or to do any aat as ead ia thm menaer psovided i.ri any of the . ; .,
<br /> 1.onn inotrucat�nta, 8oaefieiary end/os Tragtee, oaoh in ite own diearetion, Nithout ,
<br /> � � • � abiigt+tion, may make or do the eame fin euah manner and to ouah exterst as either _
<br /> _�___ __ _ may daem necoaenry to protect the seaurity hereoE. Trustor �hail, imnedietely _ . . _ _, _
<br /> � ' � upon demend therefor by Senefiaietry, pay aii costs and expenses inaurred by •
<br /> ' Beaeficiasy ia connsct�on mith the exerciae by eeaefiaiary oE the Poregoing . � '.�
<br /> '' rigbte, including, without li.mitatioa, costs of evidence of tiele, court coete, �, ��
<br /> appsaisaxs, surveys and attorney's fees. Any such coats and e�ea8ea not paid . ___
<br /> aithiara te�n (]lm) days of vrritten dc3mand ehali dra�v iatereat at the defauit rate � • 'A
<br /> provi�m� in ttae Note. ` �� • ;::
<br /> ^��_.
<br /> 5, �!I IIp:�AxN. Should tIIae Txuet Sstate, or an�/ �art ther�of or '�`i
<br /> interwst ther�in, � tak�n ox �+tua�s�ed by reasoa of any pubiic i�a,prov�ment or --
<br /> coademnatfon �roceeding, or in amy other manrier including deed in liau of
<br /> • Condemnation Q"Condemnation"), or �hould Trustor receiv� � aotice or other '� ,. . _"`'�"
<br /> ingormation xegardang euch proceedang. Trusto� stiall give prc�qpt writtan notico �: �.-- -
<br /> .;z.:'�-
<br /> th�reof to B�rneficiary. S�aeficiary ehall l�e entitled to all cot�eneatioan and -
<br /> corader�aation a�aards and other payments or relief therefor, and ehall be entitled � ".'�`""r�-
<br /> to mak� any comprcmise or settl�ment in aonnection mith such tm&ing or damag�. : � .5,;;.'�(>.Y.•"
<br /> All seac� camgc.asation and condeaan�tion, a�ards, damages, rigl��� of aation and . . .
<br /> .;',�,.:�,;� : . � ,�• .,—
<br /> ,,`,..,'• proca�ads aivar8tQO1 to Trustor (the •&'soc�eds") are here2� assigned to Bene�iciary: � , . a�'+.�i%','=_=�:
<br /> .:_+:.r:.,:;s{' ' .', , . « r .;:i;", , u . .�n�
<br /> ,.�^�,,... . and arustor �grees to execute eu�c4n fuxtfi0r aseignments a� t�e Proceeds as �, ;�,•,�•.;, ,,'�,(�a����=--
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<br /> ". �'`:�,,�� Beneficiary or Truetee m�ny require. ���� . .. y'��5;'�`•.""
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<br /> 6, nvvnT�rrr n� SIICCSSSOR TL2� $eneficiary may, fsc�m time to time, '.. . :�, 4<<F;,.��.
<br /> 6;.„��; ,�";J -
<br /> �� by a written instrument execut�d and �scEx�nowledged by Benef iciszy, mail¢d to ,;,�� ,�P�
<br /> �:r�'�.`;�; ' Trustor and recorded in the Cou�nty in whicDi the Trust Bstate is located and by �s'��'� -;'
<br /> �+ : "'�..� othersriae complying with the provisiona m� �me applicable lasr �f the 3tate of g
<br /> ��:.,�,... ��.-
<br /> .�5.b_ .•a�,a�,��, A �'}7R Trust�� :named herein or � '_ '� ��� .'
<br /> r ---�-�---�:• r-Ioi�zeana�d �ube:.ituts a s:::,ca:.�or or suc_______ t_ . '��'� �'
<br /> ��,. �'h':'; acting hereunder. ��`r�,�� �
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<br /> .�' 7. StICCBS OR� AND A3STaNS This Deed of Truat ap�olie� tc, iauze$ s.c the ;�r:':� '�
<br /> ''�;::� � ` � benefit of and binds all parties hereto, their heira, lega�.ae�, �va�ees, � ' ' � +"�`
<br /> �r"`��•' peraonal representatives, successors asid aesfgns. The tezm "�an�eficiary" ahall �. ,
<br /> , , mean the owner and holder of the Note, ahether or not named as Seneficiary . , ,j{.'
<br /> . herefn_ , �` ��
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<br /> � 8. INSPBC�zON3. Beneficiary, or fte agents, representativea or worlanen,
<br /> � �� are authorised to enter at any reasonable time upon or in any part of the Truat � ..� . ��
<br /> Bstate fos the purpose of inepecting the same and for the purpose of perfozming
<br /> any of the acts it is authorised ta perform under tho tezms of any of the Loan �� �
<br /> .. Instruments. �+
<br /> ' �,' �--
<br /> 9, gVS_�r8 OP DSPAtII.T. Any of the folloming events ahall be deemed an ��� �/'
<br /> r � �'�•'� �-
<br /> ' event of default hereunder: � . _'
<br /> (a} Trustor shail have faiied to make payment of any instaliment of ��_,
<br /> interest, principal, or principal and interest or any other sur� secured hereby ;..�.;�,.' „ .�_.
<br /> oiil@G dt18: O=. ,• , �
<br /> . " , i - � � •-�'r.i.�-_
<br /> • (b) There has xcurred a br�ach or default und�r asny term, eov�nant, : � •}:
<br /> •:'��'' • agzeeraent, condition, provieion, repr�s�ttation, or avarranty costtained in any of .
<br /> ' " ' the Loeia ZnBtZUmerlt8. .�-�
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<br /> ,,.Rr;,,.?, 10. ACCSLHRATION UPQN DBFAITLT ADDI�'Y�T�SAI. R�DIfiS_ Sl2�uld an event of
<br /> , ��;�;,�, default occur, Beneficiary may declarQ alb zrwebtedness secur�3 hereby to be due �•
<br /> and g�aayable, asid the same sha21 thereuroas� I�ecaane d�xe and payable without any � ��r=�._
<br /> • presentment, ¢lezaand, proteat, or notice of any kind. T'tiereafter the Beneficiaxy i
<br /> '„' mFay: ' 1 ,
<br /> �,: •
<br /> (a) Hither ia gerson or by agent, avi*3a or without brzrzgi�g any action or � : �
<br /> �roceeding, or by a receiver apgointed by a Court and without regard to the •
<br /> adequacy of its security, enter ergon and take possession of the T=ust Sstate, or +
<br /> any part thereof, in its oan nauce or in the name of Tzustee, and do �- acts � - ,_
<br /> vohich it deems necessary or desirable to preserve the value, marketal�ility or <�`
<br /> rentability of the Trust Bstate, or part thereof or interest therein, increas� r
<br /> Che incame therefro�a or protect the security hereof, and mi�tti. or xithout taking
<br /> � poesession of the Trust Sstate, eue for or othez�oise collect the rents, isaues .
<br /> � and profits thereof, including tPcose past due and ccnpaid, and apply the same,
<br /> ,___ ...... s...a e eve .,f .y,o.�rfnn Ana collectian_ includina attorne3►'s fees, ,�.�:
<br /> - .'- __.-_ ____,..�-___ acoo ..w�.'�. .�._.. ....�..►.��.� __ _<___' _-. _
<br />- y�gon arry indebtedness secured Pc�reby, all in such order as Beneficiary may
<br /> d�t�zmine. The entering upvn and taking gossession of the Truat 8etate, the
<br /> vmllection of such r�nnts, issues aizd psogits and the appl:cation thereof as �
<br /> aforesaid, ahall not c�sre or oraive any a�e�ault or notice of default hereunder or , `
<br /> . i�avalidate any act done in r�s�ans� to auc3s defaule or pursuant to such notice
<br /> � of default asi.d, notovithstanding tho continuauce in possession of the Tzus�t Sscate
<br /> � , or the coll�ction. r�ccipt and applicaeian of rsnt�, issues or profits, Tzust�e
<br /> � .i ar 8csac?giciary shall h� entitl�d to ex�rcis� ev�ry right pro�vided for in any of
<br /> +; . �yg�p� �gt..��ontg p= l�y Isoo u�tCn CCCUZrGsuCe of Sny ev�tu of d�+fdult, including
<br /> , r.l� righe to �rercise th� poo�er ef sale;
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