|
�(:. . 'oy}.p.. '.t:�`4� . 1 ��� jr�:'�. � Y97��1�i�'/, �'�;:'�liri� ,�� '�1�it.e�, � . f , s.-/,nr. 'r
<br /> 19
<br /> � .,. . N' +�,ti u}�s`�t j"`,�l r"-' �'�''"., y
<br /> , ,'" �.a� t+�ql��iJr•fi' -�.-�: .!t . . .
<br /> '� � ' :4'. .�.t. .M.!
<br /> � i �
<br /> '-� r',�'.
<br /> Truetar ahell pny�all��e��e�nd eeeee�s�e�i`E�whi�Fi��e �evi.ed
<br /> upot� Hana:�ioidry�p in�er�st h�s�in o� upon thi• [��d o� Trus� .
<br /> without ragerd to any laa that� may be enact�d imp�sing reys�r►C ot
<br /> th� ahoi� mr any part thsrso� upon Lho es»�tiaiary�.
<br /> 6� n�E dns�ai Lieii� asz�3 �s�e�c+��ier� a� IIc�c2loia�v+a
<br /> eaau� tv. Trastor �hail �alt� aii pay��ntr e�! int�r�st and
<br /> �prinaipal aad pay�aonts of eny oth�r charg�e�, t�es and �xp�nses
<br /> aontrau�ad to be paid to any �xistinq liertihoid�rs bators tha Elate
<br /> ti• �° lhey ara del3nqusnt and promptly pey and dis�Aarg8 any and ali
<br /> � • other liens, claiias or charges w?aic=h may jaopardi�a the s�au�ti�y
<br /> qrantefl hare�n. If trusto�r lails to maks esny such pnyta:ent�or
<br /> fails to perlorm any of the aovenants aind Agreemeaats aont�inad in
<br /> ;��-; this 1?aed o! Trust, or in any prior mortqaqe or deed o� truet, or
<br /> "� • i! an aation or proceedin is commenced whiah materielly alEeats
<br /> r� . :... " Y g
<br /> - �;-��;;: • HeneP3aiary�e int�reet in the Property, inaluding, but not
<br /> . ��f�` '� limited to, eminwnt domain pzoceedings, or proaeedinga involving
<br /> " �±�^��w. � i a decec4ent, or iP Trustor fails to pay Ts�tetor'a debta qaterally
<br /> �k'f�-�',;;�:3;�:�'��.'� as t.ttey bsaa�me due, then �enePiciary, at �ene�iciary'e opt3on aaci
<br /> �,'�;"°;c�~:�� without notiee t� or demand upon TrusCer a�nd wfttiaut releasing
<br /> • Tru�tnr fro�s any obligation hereunder, may make suah appearanaes,
<br /> '�.��1�;::.,r:�a�,;� disburse such sunes, and take such aation as is neGessary ta
<br /> '� �:: �ra�ect eene�iciary's interest, inaludinq, but r�ot limitec� to,
<br /> ,;.,,:•,;;....�. � disbursement oP reasonable attorney's Pees, payment, purahase,
<br /> '��� '� . ���'�� aontest or acmpromise of any encumbranae, charqe or lien, and
<br /> ' • ' entry upon the Property to make repairs. In the avent that
<br /> � . „ � Trustor shall fail to pay taxes, assesaments, or a�y other
<br /> � aharges or to make any payments to existinq prior lienholders or
<br /> �� beneficiuries, Beaefic€ary may do so. Any amou=a�s disburse� by
<br /> Benes�.c�.� pus a�r�� Lv i.�iis Fai aq�aph S shall bacsa�as a��itf aa�2
<br /> indebtednesa of Trustor aeaurgd by this Deed of Trust. Suah
<br /> ' amounts ehall be payable upon notiae from HeneP3ciary to Truetor
<br /> �� � requestinq payment thereof, and shall bear interest from the date
<br /> . , of disbursement a� the ra�te paya3�le from time to time c�n
<br /> � outstandinq principal under the Note. Nothing contained in thfs
<br /> Paragraph 6 shall require Benefiaiary to incuac any expense or
<br /> take any aation hereunder.
<br /> „ ."
<br /> ; � 7. A�sianntent of Rents. Beneficiary shall have tbe
<br /> . right, power and authosity during the continuan�e of this Deed of
<br /> �� � Trust to collect the rents, issues aad profits of the Proper�y
<br /> �� � and dF any personal property lccated ttiereon with or without
<br /> :'�. • - takinq possessfon of the property affected hex�eby, and Trustor
<br /> ;;�+, , hereby ab�olutely and unconditionally assigns all such rents, '',�"
<br /> �'��;�,• - � � issues an3 profits to Herseficiary. Beneficiary, however, hereby �`•
<br /> ' . consen�s to the Trustor's collection and retention oP suah rents, �8';
<br /> " �►, .. issues and prof its as they aacrute ar►d become payable so lonq as
<br /> �:.:t' , . � Trustor is not, at such time. iri default with respect to payment
<br /> �� of any indebtedness secured hereby, ar in the perforaanas of any
<br /> :L,� aqreemen� hsreunder. Upon any su�h default, Henefiaiary may at
<br /> ,.. , , any time, either in person, by agent, or b��-a-receiver ta-b�__- - ._-_ - -
<br /> i � � appointed by a court, without notiee and without reqard to the
<br /> r. .
<br /> 4
<br /> � '
<br /> �� V
<br /> Y r
<br /> � ' .
<br /> � .�_ �_.��. �__�__�__.__.__".�_'"__-.r-.�����.��-�-��-�_�� . �..�..����.� .. . .
<br /> ... _..�.�. ... ... . . ._...
<br /> •,
<br /> .. . .. -' .� ' ' . �
<br /> ��
<br /> N �.._..... ..��......��
<br /> .r ..�.- - . ._' _...�____'� . _. 11 �� • �l ' � ' ' • .
<br /> V � . .. , l .. . . .� J . ' _
<br /> ., . y . _ • • � . � .
<br /> �� . . . •� .� . • .. . .. . •
<br /> . . .i .) . . . . .
<br /> . V. . �� . , . .• •• ,..
<br /> .
<br /> . . " .. -. .,. . .
<br /> �•• . .. - _ .• •` .. . ..
<br /> .. . . .. . . .. . � ) . , ..
<br /> , 1 ' .. . � ', 1• ' �) '
<br /> .. 4S .. . - . '
<br /> � . i � ., �� . ' � - ,
<br /> f
<br /> .�' . � .- .. .' - .. - .. .� .. ,� � �
<br /> N . '
<br /> 11 . . " .• - . . . _ . .,
<br />
|