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<br /> - particm ehereof without the approval o£ the Heae�iatAry i�. wz�itingt +� ��
<br /> -- the a�en� o£ any oale heroix� pxahib�t�d, th�n 1:ha entire i.adebtednab� eechared
<br /> by this Deed oE Ts�ei�t ahall, at the opt�.on vf �he Henefieiazy, baao�na dua and
<br /> payablej (�) Chat if the Pro�erty or any part or �parael thereo� ehall be
<br /> _�'---_— -___---_- _� takan or dame�ger� uaic�er the �we� o� @Td:S.1tE3Y3� doaiai�, thn ac:��cd forr an}� �
<br /> Propatty so taken or damaged iinaluding severance damagee to the xet�+►ining '
<br /> - _ _ �remises) shal2 be paic� to �he Heneficiary a�d appiied i�a full cr in part at
<br /> the apt�on of tha Heneficiary in reduction o� the i.adebtedn�es hereby
<br /> . eecur�d; tj) that th� Beneficiaxy ehall have the right to inr�pe�t the
<br /> -- Praperty at auch reaeonable times as th� Beneficiary nv�y deaire to determine '"
<br /> _-- Tzvatar' e �empltance w3t� the covenc�te contaiaed in this Dced o€ Truet J ik� - -
<br /> -= that the Henef3aiary may releaee from the lien hezeaf any par� or garcal of
<br />= the Proper�ty wi�hout requiring any conside.ratioa thesefor, and (1) that.
<br /> � Truetor ia lawfully seized of �+aid premieee and ProFerty in fee oimple th�t
<br /> tlx�s same are free from all liena and encumbrances except ae may otherw�ae be.
<br /> epeaif3cally noted herein or waived in wri�king by the Beneficiaryj that
<br /> Truotor will .execute or prucure any further aeceesary a�rsuxancea of titZe and
<br /> doee hereby warranG geaerally the title to said Progerty and will foresv�er �
<br /> defend the eame againet the claima aud demands af all gereons whameo�ver, and
<br /> � .:� that Truetox'a separate ee�ate, whether vestsd, ceatingent or in expeatanay, a
<br /> is hereby aanveyed and Trustor does hereby expxesaY� waive, releaqQ all
<br /> righte and }�enefita of any homeatead, cbc+wer, curte8y, ap�raisemenk, exem�ption
<br /> aud stay laws of thie etate. It ie agreed tb.at the intereat provided �o� in
<br /> subsection 'tg) above ehall be aC the eame ra�e as specified in the Note _.
<br /> � . � secux�ed hereby on the principal thereoE after default and maturity. –=
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<br /> i�f4�?,;u`,� SsCOND. In the event Trustox, withou� the prier written coneent of
<br /> ,�h��'�r.:,�r�'1 t'P
<br /> ,gc���;,,,r�; .� Heneficia•ry, shall �ell, transfer or convey or contract ta sell, transfer or __
<br /> -,-;a ,- ��tY♦ �:' conveX the Property, or any part thereof or atty inEereai. �he�ein, t2ae azt#.r�
<br /> ""{�>• • balance of the�indebtednese hereby secured sl�all become and be immedia�ely �-��
<br /> . ��n ; �
<br /> �'�ti�::
<br /> �• , � ,,. • due aaad pay�ble at the option of Beneficiaryj providad, however, Heae�iciary _
<br /> � ���..:ar rior to saa�ch eale, tra:tsfer cr
<br /> rtf ��r.• .� h may �ive such �pC.ioa to accelerate: a�, p -
<br /> Y r'�'r�''� % ennveyance or contract therefor, $��u��iciary and ki�e persan to whon tho
<br /> : '",,f� , r'��a,�"".� property fs to be eold or traraefer�ceol reach 2xa .�greement in wrating that the -
<br /> i � � credit of euch person is sat3.afacto� to Benes��.ciary and that the intereat _
<br />= ;��1��h��,_ , payable on the eume secured by thie D�ed of Trust shall be at auch rate ae s*
<br />- ��`•�`+'�' . � Beaeficiary shall requeet. '�'-��
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<br /> - THIRD. That as further security for the paymen� of t8e Note and the ,�;-�:_
<br /> ` . � indebtedness thereby evidenced and the performance af a�l of the terms, '�
<br /> ' �.�w-n� covenants and conditiona hereof, Trustor agrees that �ene�ia3ary $hall and �
<br /> doee hereby have the right, power anol authori.ty duxing the continuance of �"�:
<br /> - thfa Ileed of Truat to collect the ren�e, iasues and pxofits of the Praperty �'��
<br /> .�: �:� and of any parsonal praperty locat+ed thexeon wi�h or without taking -=:�
<br /> '���• �`��� possession of the property af fected thereby; and Truator hereb absolutel
<br /> �;.�:.•� Y Y �::.
<br /> ���'`���• ''��� and unaoaditfonall aesi s all such rents, issues and pzofite to Beneficia-
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<br /> �4J=•��'�-•.-• � Seae�icia y h�wev r, hereby consen�� to Txusstor'e collection aad �i_�
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<br /> ° � ,�;���-;�. :. retentien af euch rents, issues and profits as they accxue and become payable -
<br /> •"' .'�:?' .''" so long as Truetor ia not at euch time in default with redpect to paymen� of :-
<br /> °"':��•`� any indebtednese secured hereby or in the perfozmance of any agreemeat � ''•
<br /> � '" � hereunder. Upon any auch default, Benefic�.ary m�y at any time, either ia ..,:,_
<br /> . �a����t',��,. '
<br /> - '- •.;-�• •� pereon, by agent, or by recefver to be appointed by a ceurt, witheut notice ` �
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<br /> . ��•:�:..:�::.....:.��' aad without regard to the adequacy of any security for the indebtedness
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<br /> ��;:��;.�:�.�.� hereby secured (a) enter upon and take posses�o�.on of the Property or any part
<br /> � .u.��v�,•. •,�,.� thereA£ and in its ov�m name sue for or athera���e callect euch rents, iseuee
<br /> - '� "� •-. ;'� and pxofits, including those past due and ummg�aid, and apply the same, lese
<br />" . �r �".�^���i�������"�- � coat� aad expenses of operation arnd collection, including reasonable
<br /> - �-�`i'.�";��;�`;-:� attazx�ey's feee, upo�n .any indebtedn�se eecured hern..�y and in auCh nrder as
<br /> ��'"�`" '�''�" Beneficiary may dete�artines tb) lease t�e same or ar�y part thereof for euch
<br /> �a � •1�,�.:17y"r,•i��;�il:�:-�. S,' .
<br /> ,.;;;:� .;�,,,.;:.. reneal, term aad upon auch canditione ae Ben�E3ciary's judgcnent may dictate
<br />= �� � � °�«•�l�'-''��`•�:}�� '�. �� • or terminate or adj��t the Lerme and cwndat3.�ns ef any exiatittg lease or
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<br /> "�';��, �: �•;.',;��;;);�' : 1e���s. Unlees Tru�¢or and Beneficiary �gree otherwise in writing, any
<br /> s_s_L.._�_�__ ..ea s,e..et,...
<br /> l�� ..T::` app3tication OZ I@ALe� 1BBII68 OI' F7IVr3C.� �v cuaY �.++ucu�.ouaacov o�:..��.... ....�...-j -
<br /> ��� •��:�:� ahall not extemd or poatpone the due dat� of the inetallment payments as
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<br /> �:1.� .,_�y,�y, provided in the Note or change the amount cf euch inatallments. The entering
<br /> �'��':'� u on and takin osseeaivn of the Pro ert , the collection of such renta,
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<br /> ��rv�•:�a%fu�,�,'4i:�S iseues and profita, and the applicaCioa thereof ae aforeeaid, ehall not waive ;,
<br /> ' �A�as:�,';;;;,�:.:� or cure any default or notice of default hereunder, or invalidate any act
<br /> �:,%.T�F>.��'• �. . done pursuant to eurh notice. Truetor aeaigns to Beneficiary, ae further � .,
<br /> �`"�`-��.=�.: , a' security fvr the performarice of the indebtednese and obligations aecured i
<br /> ' �����<k:�A'�"'� �� hereby, all prepaid rents and all moneys which may have been er may hereafter
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<br /> be deposited with Truator by aay leesee of the Property, to secure t he �
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