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<br /> °�""°� ° 4. �Re ai�r�. Maintenance and Ue�. To not commit �r�ate on or �''� " `'? ������--
<br /> ' damaqe to t-Fie property and to use due aaxe to preeent athere from �"�1=--___a
<br /> � eo doingf tc ke�p the house and irrigation equipment situated r:f{;�-
<br /> ��• �• upon �he aforeclescribed reai estate i.n good condition and re airt '�;�-."=��--�
<br /> p �,��;��-�'���. _
<br /> � to keep the prAperty froe fro� meahanica or other liens n�t � -
<br /> eicpressly subordinated! to the l�en Il�XP.A�� to not make, suf£ez or �"�'�r�` ��':'��
<br /> permit anp nuisanca to exist nor to diminish or impair the value ,�,L.;��:;��.-
<br /> ~ of �he property by any act or omission to act= anci to comgly wicix ,-'�.--���"''-. :—=r��
<br /> � all requirements Af law with xespect to the property. '. _' . -
<br /> , �_� -
<br /> 5 . Condemnation. In the event the property, or any part � ' ' ,,�,: �
<br /> . thereof, s all e taken by eminent domai.n, Beneficiary is entitled 4� � �
<br /> � to aollect and receive all aompensation which may be paid for any " '"�°" � , • �
<br /> � . progerty taken or for damages to pzopexty not taken, and Bene- � �� �..: `
<br /> ficiary shall apply such compensationa, a� i�$a option, eith�x �o a
<br /> reduction af the indebtedness secn��d k�ese4�y or to repaax anc� � � -
<br /> - . r���or�e the property so t�a2ce�. � _���`";=
<br /> �._
<br /> ., : .:;���r.
<br /> �" 6 . Performance b B�nefieia . ��nefiaiary may, but shall � �'�=°�=~
<br /> ,;,,�.
<br /> have no 0b�,�lqat on to, do any act whic4� ��cnnstor has aqreed but � ��`��__
<br /> ��,' failed t� e�v, and Beneffciary may also e�e� any act it deems ' ' �'�;�'F''�
<br /> '°��'�� � , :+;��� necessary �a protect th� ].ien hereof. Trus�or agrees to repay, � .�,::;�,��
<br /> �'��'• upon demand, any su�ans so e�cpended b� Beneficiary for �he above ., ;'�:, ��
<br /> ,�,f;.;. `.,�,,�_ �:_
<br /> :r purposes, and an� �bun so expended b� Beneficiary shall be added . f��;'�'
<br /> ,..�,.,
<br /> ' •ti Fl<......
<br /> � to the indetcr�edne�s secured hereby and become secured by the lien ���'n�'�-
<br /> hereof. B�meficiary shall not incur any personal liability . ��.
<br /> because of �anything it may do or omit to do hereunder. �,.� ��
<br /> �:t;f,,,, ,��.:.
<br /> �'{�.��'� 7. - Aasiqnment of Rents_. Beaaeficiary shall have the right, �• '',
<br /> .��,'°..., � .
<br /> '''-°'`., � thurit dur�.n t'2
<br /> ;.,.:�.: � -���.r� p�wG� ara a�W y g . c cantinuance of this Dess3 Qf Tre:st
<br /> .. .,:;; , , � to collec� �fie rents, iss�aes and profits of the property and of ��T��j.•;,,� �
<br /> � any personal property located thereon with or without taking �... :�:���"
<br /> �v��.���' �;:i'""�;�;; possession of the property affected hereby, and Trustor hereby �"`��` :?;��,��.;�f '
<br /> � '��';;;'��;i� absolutel and unconditional7. assi ns all such x�ents, issues and °�`` !
<br /> Y Y 9 �'��,'��,�
<br /> ,'�-• ��"��'` profits to Beneficiary. Beneficiary, however, ka�reby consents to �-�' �
<br /> <<,�:, Trustor's collection an�3 xetention of such rents, issues and ��"r�
<br /> . profits as they acerue ancl become payab2e, so long as Trustor is '
<br /> not, at such time, in default with respect to payment of any � R„
<br /> � in¢lebtedness secured hereby, or in the performance of any agree- I ,,��
<br /> ment hereunder. If any event of default described hereafter in �
<br /> resQeat to this Deed of Trust shall have occurred and be con- � ��.
<br /> tinuinq, Beneficiary, as a matter of right and without notice to i
<br /> Trustor or anyone claiming under Trustor, and wi�hout regard to �' • •
<br /> tka� value of the t.xust estate or the interest of the Trustor � ��, r`�
<br /> therein, shall have the right to apply to any court having juris- � ,�'j;;�,,,,�'
<br /> diction to appoint a recei�•er of the propezty. �'� � ' .
<br /> �, .
<br /> ,
<br /> 8 . Inspections. Beneficiaxy► or its agents, representa- '
<br /> tives or wor men, are authorized to enter at any reasonable time
<br /> .:.;ti��•� upon or in any part of the property for the purpose of inspecting
<br /> ��`:�.. the same ar�� for the purpose of performing any of the acts it is
<br /> ��,
<br /> authorizecd -to perform under the terms of any loan instruments
<br /> � execu�ed by Trustor. t;;,
<br /> ':�;, • .
<br /> , 9 . Transfer of Property. If all or any part of the
<br /> property or any interest of Trustor therein is sold, transferred
<br /> or further ancumbered witk�out the express or written consent of .
<br /> Beneficiary, Beneficiary nr:ay, at its sole option, declare all �,�
<br /> �,�. . sinms secured by this Deed of Trust to be immediately due and pay-
<br /> � ' a&�1� and proceed to the remedies available to it under the
<br /> '�� ''�k default provisions contained herein.
<br /> . ;i;,.t�.
<br /> ��.:�1��.,,,�
<br /> � '";t'.��� 10. Events of Default. Any of the .`ollowing events shall
<br /> '�' ��' }n� AaPmaA an Pvant t�f dE±fauli: her�under:
<br /> :��
<br /> .(.
<br /> , ` ,..:;.
<br /> ':��:�:� (a) Trustar shall have failed to make
<br /> payment of arty installment of interest,
<br /> ' principal or principa2 and int�rest or any
<br /> ' other sums secured hereby when due;
<br /> (b) The�e has occurred a breach of or
<br /> default under any term, covenant, agreement,
<br /> . i condition, provision, representation or
<br /> warranty contained in khis Deed of Trust, the
<br /> note or any other laan instrument secured
<br /> hereby; �
<br /> � -z- � �
<br /> ' -
<br />
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