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<br /> :� °: ?:', .. 6enefitiay`s ir�efast h�tin or upan this DeedAf Tnut wit�cu�r�d to am�r tmhithat may 6s anat�du�osfn8�cyn�nt o#tt+e+e�ot�ar�rtY ��,�:�.,�w
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<br /> � 6.�/riEli�d i�es��e!iwolkt�'i Sn�rett�.TnRt�sl�pll a�ice ail paytnertts of ir�terest and pri�ipat mid��of mty t= � � _
<br /> � � ✓ � other�s,faes m�d exQnnses wnttacta�to he�id to any�xistinS lie�halders ar�tor iienefia�ies wtider an�y priac daed of trust a rt�ar• . '���4.:�:_
<br />- � ' -. ' s�b�f�a tha 8atm�ti�y�ra defiaque�and pr��tty pay an�discP�ge mry a�ed all other liens,clams ar cha�qe��ahid�maX jeoy�i�e tha �' • ��`,. ,.r
<br /> _ - gesuriry�t�d l�rs�.!#Tnisear-f�its to e�ce enY sssc#}leayment.or fals to�cair of thc wvcnants�4 e�seemems caMa�ed in this R _ _ Y.
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<br /> 4�, - � Qeed af Tnist,or is�a�ry�iar e�artgage ar deed of trust.a¢i�arry actictrar�auteQf�g is wmmansed wfifch mffterifllty'aHeets Benefisi�d"s in- ` <. _
<br /> teres4 in tha P�perty.irtditding.6ut not limited to.eminertt damain pracaedings,or Rroe�ed'ut$s+metv6rs9 a de�darj9,ar if Tnrstarfioits to pay <
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<br /> 's on mid witfiaut natice to a decmnd upon Tn�star and ��, �'x •�'�` �
<br /> `� � Tin�tar's dr�ts gerteratty cs ehey 6ecame Eue,then Bene6tiary.at 6enef�sical► apti ,.:� . ..�.(^ : ."
<br /> � � .' ��rithcut reteaRing Twstar fram mry obtigetion hereundar,may m�ce suda�es dis6i�rse suth s�rts.an9.t�ce sucA attien as is necsss� . :. ` '. : � '��Y-,-.:-
<br /> '_ ,f: .• .:`:s'.'` ° ��eet Benefidary's interest inctuding.but not fimited to,disburssmertt of reasar�'bte attomey's f�s.Paytmecd,purdiase.contese ar com- `�; �.. . <.,:` ` -�*:=
<br /> ' . ` .- , .. � - pramise of ar►y encum6r��e.charge or itert,and entry upon the Prope�ty ta m�ce repairs.[n the event th�t Trustor shafl fm'1 to proarre irt- • � ..i .... . `�',-,� °_-
<br /> • ' sarmxe or ta pay tmces,assessments,ar�ry other d�gss ar to make m�y paymertts to anisting�or lisn hotders or l�efiei�ies.Benefidary . . _
<br /> . • '�'t`.:``_��, muy►Dracure wch inswance and maice such payment.My amourts d'istbursed 6y Benefitiary pursumrt to this ParagrnDh 6 shn11 hecome additfonat � .� .
<br /> - . � .�-�� indehtedness oi Trostor secured by this Qeed af Trust.Sud�amourtts slwli be payabla u�on notice fram Beae�ci�y to Trustar reqassting pay- _ ;
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<br /> ment thereof,and sh�l be�interest from ehe date of drsbursemeiA at the rote Do11�e�'aR4 t�fi time on outstandng prindp�al under the � � � �_.,# _
<br /> - , , iYote untess payme�af interest at sucfi rote wauid be contrary to appiitable low,is�e�Ish evea►t s.ssfis amauctts shatl bear ir�terest as the highest . '. -
<br /> �; ra'te permiss�te under app►iwbls law.Nothing co►�faiaed in�this Paragrcph 6 sho�S ceq�.�e�eitefldery ta in�ur any expense or take�ry action �� � : ' S =-
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<br /> : : � ,. 7.A�t of R�ts.Beneficio.�p shatl hbve the rigtR.PmRer�xt autharityt during the cortirtu�te ofi th'ss�ed of Tn�sB t�toltect the ��.�•. .^Y • '
<br /> _ ._ �... ._?� ,._. .. .-------rerrtsisswgs-andpro�itsvf-the�Pro�ertqand�bfarn►persenalpropectytaratedtherecs��iM-orwithouttakimgpossessiar�.oft1►.�ju?Gt?�Yaffected.-.--..-.-- ' ----- - - r, '
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<br /> �.; ��... . `. .F'�'". • hereDp:and Trustor hereby absolutefy and uncond'��!assigns aU su�rertts,i$s�and profits to Beneficiary.Berteficiary.however,hereby ' T �._`.��,�;",.:.
<br /> -. r r ,'� wnser�ts to thg Trustar's coitection and rete�tion aF�id�rents,iswes and profrts¢�tkey accrue m�d bewme pagm'!f�so tong as Trustor is nat, . . � :..:4���$�_
<br /> �`,�� � " ot su�t�^iie,in default with respect te payment of�.��idehtedness secured here6y:cr in the perfortnaace of any�greeme�►t hereunder.Upon F< `
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<br /> .��,�, � atsy.sin.-�*'z'efault,B_eneficiary may at mry t�me,ei9her�m person,by agertt,ar by�eteiver to be,apReipted by o caurt.without notice�d vrithout. r`SF<< 1�� T .
<br /> ..:,f,s:�'x���;.:� ,'..�• regard ta ihe aAequary of any security far the inde�'t�dness hereby setured.(a)errter upon a�di�cke passsssicn af tha Prag�sty ararry part �-aV,,,� -
<br /> � � ,';�.?: `. •,•�+`'�k ° therenf,and in its mern,rs-w�ne sue for or otherwise c�3�*such rents,issues and pmfxs..including sia�post due ea�►�aid,and apply the same. . �..'S,�; �.,:.
<br /> {�f� � ;�°�t �. ,less costs�d exp�s�df operation and collection,inctuding reasanable attarae�s��ees,upon any indebtedr�s�cured hereby.and in sach . ;
<br /> `{��t�, , .,... , , _•�� order as Beneficiary rrsay.determine:(b)Perform sucf�acts of repaq qr protetti��inay 6e��cessary or properyxonsert4 the votus of ttt�:. a?� - � ,..
<br /> `'f�. � " � properry;(c)lease the s�ne or any�a�t thereof for such rentol,tesc•r:cr,d upon such cand'�ions as its judgment may d'u:tate at itg�r.,.n►ute or ad- � `iF?!�7*�'G� •
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<br /> ��'� • #� � '�ust the terms and conditians of ar����ting lease or leuses.Untessi'rw-tor and Ber�eficiary agree otherwise in�vri4ing,a�y a��¢f'i:cn of rents, ti�ij R r�,�, .
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<br />;:; � �� issuas or profits to m�.sadebfedness'sacured h�reby sfinil not extend or postpone the due dote of the instaltment�rnents a��vided in s6id � ' �,s�s,.•;., �' .>.,;; ;,_.
<br /> .,i % : �, promissary note or a'`r�the amoimt of such instaltments:Tha entering upon artd taking possession o f t he R r�y�,t h e t.^:'��e c t�on o f s u d t. �'r��� �:
<br /> --' .-� �.----- ---��:-�`----� rents,issues and ptofits,arrd ihe aAplicatiort tfiereof as aforesaid,shall net wuive or cure arry defwtt or notice csf defuutt h2reunder,or irt- ��
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<br /> . vatidete mry act done pursuarK ta sect�notice.Trustor also assigns to Beneficiary,as further security for the perfarrtcance++�r nTa oDtigations �:�.; - :!- ,,-.,� ,
<br /> ' secured hereby,all prepaid rertts m►y�l monies which moy have 6een or may hereafter be deposi4ed witfi soid Trustor Dy arry tessee of the Pro- ; • � .
<br /> _ � • perry,to secure the poyment of any re�lt or damages,an0 upon defauit in the pe�formance of any of t�►e provisions hereof,trustor agrees t� , ';-;l�=:
<br /> � ��� • '' � � deliver such reats and deposits to Beneficiary.Delivey of written notice of Berteficiary's oxercise of the righM granted fierein,to cmy tenm�t ae- �. , ,: �>;;,c
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<br /> � • � � tupying said Premises shnlC be sufficient to require s�d tenant to pay said rern to the Benefitiaryur�til turther notice. . "' } %
<br /> • .. . 8.tael�tios.lf title to any pert of the Property shaU be taken in cortdemnotion praceedings,6y�eht of eminent damain ar s'�mitar action, . , ,�.�:�`�� �
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<br /> ' • ar shntl be sold under thr�wt of condemnatian,a0 awords,damages.cr�i proceeds are hereby assigned and sfiall be paid to Benefia�y who shall . �' _
<br />_ `S � oppty such awards.damages and proceeds to the sum s�cured by this�eed of Trust,with the excess,if any,paid.to Trustar.ff TNStar receives - � :,a;�. ` .- .�:i_°
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<br /> ° � � ony notice or other informatian regardirig socli acfic�i or proceedings, Trustec sha11 give prompt written cr�tice thereof to beneficiary.
<br /> Bene�ciary shall be entitled,at its optian,to camrt�arc,e,eppear in and prosecute i�tt�ovm name any such aetioR ar•Rroteea'm and shu116e ea- '� '"'"'
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<br /> � • ' • � titted to maice any compromise or se»lemeqt in conrtection with any suth action ar praceedings. � -
<br /> � �� '�"�` � 9. R��edies Hot E�cdurire.Ben�fc�iary sholl be entitted to er�force paymant and pe�farmm�cf ony indeEtedness or obtigations secured :: . ��'`:' � •� -
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<br /> _ _ h er e b y an d to exercise oll ri g h ts artd powers under this Deed of Trust or under a�y other a�eemer�t�cuted in cannectian herewittt or any law� : „,
<br /> ' now or hereafter in forte,notwithstandfig some or qlt of the such indebtedness and ohligations�eatred here6Y�aY now or hereafter be oth�r- � �'"�� ,
<br /> ,' � � wise secured,whetfier by mortgage,deed of trust,ptedge,lien,assignment or attierwise.Neither the occept'acm�of this Deed of Trust nor its .
<br /> '!;��,� ,.' enforcement whather by court action or pursuo�»to the power of scle or other powe►s he+ein carttai�ed,sha11 gnc;�dice or in ar.�manner affett � .
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<br /> � '�''�� Beneficiary's right to reolize upon or enforce any other security na�+r ca hereaker hetd b 6enefcsE ie bein a eed that fierc�i^�'�ary sho0 be '
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<br /> `' �� w - ' � - entitled to enfarce this Oeed of Trost and any other security now ar�.areofter held by Beneficiary in such arder end mmmer as it moy in its ab- s ..` . . �
<br /> �..�, �::.;., � •.,.::; 'sotute disaetion determine:No remedy herein conferred upan ar roserved to Berte�ciary is irnended to be exclusive of any other remedy herein � ' '' • ;
<br /> � � ' � .. • or b y Iew praviQed or permitted,but each shall be cumulative and shutl be in addition to every other remedy given hsreunder or now or hereafter �
<br /> • .;,;,�;� � '. existirg at law or in equiry ar by s4atute.Every power or remedy provided hereunder this Deed of Trust to Berte�iciary or to vfiich it may be i'.' � �
<br /> ' i �.,�.;,,�,��;�1.,�. ' � otherw�sse entitfea,may bs exercised,cancurrentty or irtdepe�erttf+�,fram time to time and as o4ien os may�e deemed expediertf Benefidary i .� :
<br /> ..; ,;,�;�t,�;;, � , nnd it moy pursue mwt�sistant reme�ts.Nothing herein sholl be construed as prohibiting Benefcicry from seeking o defiaency jud�ne�agoinst (
<br /> •'�a - � ���;i the Trustor to tfie extert such adion is permiltAd by law. �
<br /> '� •� ,��� " ' ''}�' 10. Trwuter of Yro„rtyt�swapttoe•�f atl or arry port af the property or a�ry interest therein is sotd,tronsfened ar comeyed by trostor � � �
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<br /> - '��•• ...,•. . •. withaut Bene�cinry's prio�written consent,exctuding(u)the creation of o lien or encwnDrance suDardinete to this Deed of Trusf, (b)the creo- .
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<br /> ,��`� '`• <� tian of o purchoss muney security irnerest far housEhotd applia�ces,(c)a transfer by devise,desteM,or by operatian of(aw upon the death of a � :
<br />- `�' '��,,,. �.• , � , ' joint tenent or �d) ths graM of mty leasehotd interest of three years or less not catdairtirtg an optien to purchase, Bene�ici6ry may, at �. .. •
<br /> -`�� ,,�''_,� :- Benaf'iciary's option,declare all the sums secured by this Deed bf Trust to be i�mrtediutely due ortd payable.or cause the Trostee to�ifa a�otite �.•. :
<br /> �� ':��•� . , of default.Benaficiary shofi huve�woived suth option to auelerate if,prior to,ihe.sate,trortsfer or canvayante,6eneficiary and the person to ; ,
<br /> : _ whom the property is to be sold or transfeRed rea�h egreemer►t in writing that the aedit of such persan is satisfactary to Benefieiary and thnt � �. ,
<br /> ., ___, :_ _ the ioterest poyaEte on the sums secure0 Dy this Qeed of Trust shall be at such rate as Beneficiary shnll request. , � ��
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