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<br /> Be�leficta u un any indebltdnc�a andJor obtl�etton iteat�R�l heraby an�d tn auch ori�'�ai{�d�m�o�u�� enetict�ry iflW clatnr• - -
<br /> mine;or tafd�maun�or r��y�wrilon tharat n::�.at ths oaL4�n ni etie IlanaEislirY�althor bo uacd in ro�lamtng ur rsetoring the
<br /> improvemenu puttalty or Wtally deitroycd to�condttlon u�ti�tactory+Qo esfd�enaftri�ry,or u►td�moa�tmr any por6lon thorioi
<br /> I mqy b�eele�ued ta the'L'ruetar.l n aoy sueh event natther tho Truateo nar ifio[�enetictarY ehall bo obllqAted torea to the proyer
<br /> t aDpllaation therroi;nor shall the�mount a rele�tad or ufed be deemcd a p�ytuen!on any Indebtednearaecur�d hereby.8uch
<br /> j spplleatiot��uee.tnd/arreloasethalin�tcucearwatveanydefaultornottcaofdataulthmraunderorinv�lid�teanyactdgnspur�u•
<br /> ant to�uch notfce.Any unexpieed invurance artd ail retarnAbla Inaueanca prc���(ur��a ahutl Inuro to tho b^n�tlt e!,and�t�►�the
<br /> � purah�rse�atthe property covered lhereby aL�ny Trurke'sssleheld heraunde�.Itu�id prope�ly 1��old punuant fathepower oi
<br /> as1A contsined�eerein or�urauant to any decree ot ferealoaure,all rtght,eitle and intereat otTruator in�nd W tho procaeds of tire
<br /> � andotheeiruursncepoliclestordsms�epriorlother�le,whtchproceedanrenotreceivcdprlartothAdttoois�idesle,shRllbalona
<br /> 1 to Senettci�ry.
<br /> ; Tau�and Othor 8umn Due:To psy.eatisfy and dteeharqe.At Ieaatten(10)dqy�s beforedepnquoncy,all ganersl�nd epu�
<br /> ciai eaxes and�essmonte ntrecting auch prnpertY,and in no event later than tha dats euah amounte becomo due.(1)all encum•
<br /> brancee,chu�es and Itena,w[th interak on sueh prepee�►.or sny pst�!thereof.which are,o�appeas to Beaeflci�y to b+e prtor to or
<br /> ,� euperiorhereto.l2)allcoeta�feesande�cpenaesafthistcuet,whetherornotdeaaribedherein,(S)feeaorahar�aforu�y�tatamant
<br /> reg�rding theobttgatton eecured hereby in anyemounedemttndad by Benet{ciary.nottoesceedthemaxtmurts amountallowed by
<br /> i lsw eherefor�t the tf ine when auah reqaest ia made.(4)sueh other char8ee as the Benefici�ry mqy deem reasonable torsen�ice�
<br /> rendered by Beneticiary and furniahed at the requeat ot Truetor or any euccessor in Intereat to Truator,(6)it euch peaperty
<br /> ' ineludea a lesaehold eatate,sll pqymenta and obligattona required of theTrustoror hissucceasor in Interestueder the termaof the
<br /> ' tnetrumentor inatrumenta arei►ting aueh leasehold.Trustor hereby agreeing not to amend,ahange,or modify hie le�aehold inter _
<br /> '�,�r"p, � eator the terms on which he ha�such leasehold int�ereat,or W agree to do so,wIthout ti�e weitten coneantaf Banetiaiary beinBtir�L r�
<br /> � obtained,and(8)all payments and monetuy obligat�ons required ot the owner otsuch proparty under any deolsration oi coven-
<br /> •,:._ s����;.
<br /> ka�,;,�`::,a ant�,condittona and�eetrietfona pertainin�t to such`property or any moditicatlon lhereo�Should Truatar fail to make anY aueh �;;�;}
<br /> �°. ' '';' `•".`•''t"�''• paymenk geneficiary.wjthout conteatinR tho validity or amoun4 may►elect to make or advence such payment to8ether with nnY �
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<br /> • ?�...,, 1� xosta,ekpenees.xoes ar churges relating.thereto.inaiuding eniploytng coansef and pqying his rP.asonabfe tees.Truetora�rees�to
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<br /> s'�s`:;;;;'��`�:�;,°;��;�A=.�• • ' net9fy Benellci�+ry im�r+edistuly upon receip3 by Truator of notice of any tnoreaes in the assessed value of such property and agreea -'!j�'.
<br /> �� fi"t':
<br /> ��.�� Gtit �;,�-:;;��S!' may contest by appropeiate proceedings auch increase in assessmen� ''.ti�i
<br /> �f,���}`,�;,.,_ that BeneBiclary,in the namu of TruAtor. :
<br /> ' t t'�4'"'`�''''`�� ` Int�heeventutthepuesaBaafaoylawdeductingfromt�►evalueoirealprnper4vforthepurposesoftaxattonanylienthereon, �
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<br /> ��:si,."�'• •'� 1�+'�"5��;', ':° I orchanginginanywaythalawaforthetaxationof8eedsoftrustordebtesecuredbydeedsoitrusttoratateorlocslpuepoass.ortha 't. .�
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<br /> � a�'� ':'�i��� •��° � manner of the collestIon of any euch taxea.so es to affect this Deed of Tsust,the holder of th(s Deed oP Truat and ot the obllgat ona
<br /> �• � . ��,.....,.,'_.,�,
<br /> �a��• �..... ,���;,.,:.. � which itsecureaehaUhavetherighttodeclareallsumssecuredherebydueasofadatetobeapecifiedbynotleasthaa80dyra'writ� �;�;�.
<br /> '' �� • '� = ten notico tobe Stven toTrust�or by Beneflciary;pmvided,however.thatauch elect�on shall be inetfectivo if Truator tepermitted by ••~�
<br /> �,�. :���. f lawtcips�ythewholoofauchtaxinadditiontaaitotharp�meninrc�uiFecihareun3sraadlf.�ricrlrsuehep!����d��e+d�P� '- �
<br /> • �i��"�,,,;.:.,;,,,i , euch tax and agreea to pay eny eueh tax when hereafter levied ar assossed agatnat such praperty.und auch sRCeement ahtl!coasLi• .�.,'.
<br /> t.�.,'• .'�''::4��. tute t moditicat(on ot thts Dued of Trust
<br /> ��- �"�'+� Surru Advuncod to Bcar Intorea�:To pqt►immediately upon domand ar�y eums advunced ar paid by Beneiiciary or Trus- �'.',�,�'t�
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<br /> �.`'_'.".�':�.�':,-d � teo undor aw clwee or provieloo ot thta Deed otTruat Any such sume,until so repaid.ehall bo secured horeby and bear intsrcat �`�;
<br /> �•�:�: <<����..,.. irom the d�to it waa advanced or psid at thn esme rats ea auch Indebtedneas and shall be secuead by thEe Deed of Truat, :' �'�'
<br /> �4`c+ �?r•;;,4 � A��=nment of Deposita:That as Wrther additional aecurity it thie be a construelton loan.Truator hereby transfeee aad ,
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<br /> �t�.h1a�:�v:..:e:.�� � ;I•i
<br /> �,,..�;,,� ,,,;,�,,_. � aaet�ebBenetteisrydueingcontlnuanceottheaeTeuete,allrigh�tltleandinterestWanysnds+pmonteadeposftedbyTruetoror
<br /> deposited an behalf of Truatnr with at�y city.county.public body or e8ency.eanitaty distrlcG 8asa+►d/or electric comynrW,te lr
<br /> ,�; �,��`;�r�� ; phone compuW and any other bodt►or agoncy,foc the tnatallatton or to eecure the fnatallaiton of eny utliity by Truatar.Dertafatng
<br /> ,r�,�:�%;�i���+� ' to thia propertY•
<br /> "''�"'��" � Fatlure oiTrustor to Comply w[th Deed otTrusl:Should Truator fail to make any paYment,or to doany act asprov t de d
<br /> ',,gs4�.� in this Deed of Trus�or tail to pertorm arW obligatian seaured bythGs Deodof Truat,or do aity actTrustor agreed notto do.Trustor,
<br /> ^� "� ehell ba in deiault under this Deed of Truak Beneticiary�but wIthout obligation so to do and wlthout notice W or demand upon
<br /> 2 ''���� �t}•�'"'."�": Trnst�rsndwithoutrele�afagTruatoriromanyobligationhereofandwithoutcontestingthevalidttyoramountofthesame,ms�v �'
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<br /> j �, µy}�a {s)make or do the same tn auch manner and fa such extent as it m$y deem aecessari►to Protect the aecvrity hereof. Beneficiary
<br /> ;�;.:,..w::,;,.y,�,;- � being wthorized to enter upon auch property for euch purposes,and(b)p�v.purchsse,co�testor comDromise a�LV encumbrance,
<br /> :��.�:::" eharge or Iten.which in ite Judgmont ts or appeara t9 be prior or auperior hereto.and(c)in exercisingany auch power.pay neces-
<br /> ��- •� � � eary e�cpensea,emptqy¢ounuel nnd pqy bie reasonable tees.Trvator agrees to repay ac�y amount so expended on demand of
<br /> `"`�;;r��;� ' � ' Beneficiary.
<br /> _�.;�_-::� .: _::: i .
<br /> IT IS MUTUALLY AGREED THAT:
<br /> ���`-` ' � ' I,idaatfon:TrustorehalldefendthtsTruatinanyactionorproceedingpurportiagtoatiecOsuchproperty,whetherornottt
<br /> .� • � aitecta tha secu�tty hereof.or purporEing to a[toct the rigbte or powera ot BeneficlQry or Truatee,and aha11�le aad prasecute all
<br /> ' �� neceaaary►cldimaandaettonstopreventorrecovertoranydamageWordestructionofsuchproperty:andettherTrusteeorBeneft-
<br /> `;�'Y'-•-;+�* .''•�� � ctary fs hereby authoriaed.without obligation so to do.Lo commence,appear in or detend any such action,whether brnught by or
<br /> againat Tnrotor,Boneflcisry or Truatee.or with or without su{t�to exeretso or enforce anY other rlght,remedYor power available
<br /> :z;,;� ..� � , or conferred hereunder.whether or not juJEtmenL be entered in any actton or proceedtng:and Truateeor Beneitciary m�y appear
<br /> '"r��• ` or Intervene fa any action or proceedtng,and retain conneel therein;and tnkc such aetion therein,ae e[ther may beadviaed and
<br /> ,.�:V.�: :,, � . may eettle,comparomiae or pqY the same or any olher claima and,in thut be-halt and for any of said purposes,may;expend and
<br /> ~, advance auch euma of mone�►as either msty►deem neceasary.Whether or not Trustor so appears or detends.Truetor on demand
<br /> � ��, x��-���g�;'. , ahall pqy�II coats and expenees of Benettaiary and Trustee,includingcoets of evidence of tiile and ettorney's fees in a reasonable
<br /> �,;,i;: '.:"_=� aum.in wny euch action or proceedtng in whfah Benettcisry or Trustee may►uppear by vtrlue oi befng rnade a party defondantor
<br /> '�-` ' � otherwtseendir�cspecttveotwhethertheinterestofBeneticiaryorTrusteoinsuchprapertyisdireatlyqu�+ttonedbyeuchncLion,
<br /> , ��;:__.'__, ;:: includtng but not limited!o any action for the condomnation or partition ot such property and any sutt brought by Beneficiary to
<br /> -�,L '" •,, � foreclosa th(s Aeed ot Trus�
<br /> y � ��..a......s.:.....e�t n.,,,�duo.natd nr nnvahle m Truatnr.or anv euccessor tn interest of Trustor.whether by way of judg-
<br /> � . � me:.i.settlementarotherwtae.(a)forin,�uryordamegetaauchproperty.or(b)tnconnectIonwithanycondemnationforpubltcuee —
<br /> �,� + or irt�ury tosuch pruperty or any part thereof,or(c)in connectton wtth tho transact{on f inanced by the toan secured hereby,or(d)
<br /> ,. � arteieg outof ofl causea ot aclion.whether aceruing before or after the date of this Deed ot Trust sou�ding in tort or contract.
<br /> � � including causca of actton tor traud or coneealment ot a mate�tsl fact together with the seltlemonts,proceeda,awards and dam-
<br /> �;,;,; . :. � agea,directond eonsequential,in conneetion therewith�are horoby absolutelyand irrevocably sssigned andahall be paid to Bene-
<br /> `'':� fictary.Beneitciary ehall be entitled,at ita optton,to commence,intervene in,appear in and prosecute in itsown name,any actton
<br /> �� �� � or prnceeding.or to make any compromtse or settlement,in connection with any such tsktng or damage.Trustor agrees to execute
<br /> `�.,;��,:;:�,:'�' ' ' � such further assignmenta of any compensation,award.damagea rights of action and proceeds as Beneftatury may require. ��
<br /> • The amount received by Benenctary purauant to this Deed of Truet under any tire or other inaurance policy,in connection �
<br /> � � " wtth aoY condemnation for public useof ar injury tosueh property,for injury ordamage to such propert,v,Ur in connection with!he �
<br /> �,..
<br /> '}'�' ,t+{-'� transsation t[nanced by the loan secured hereby aro to be applied at the opLion of Beneficiary upon any indebtedneas secured her-
<br /> . �. . ,}
<br /> �"��� �'��+� eby.No such applieatton,use or release shall cure or waive any default or notiee of defauit hereunder or invalidate any act done
<br /> ,�'J,F.`,�,_
<br /> '=:'>�.+...�` purauao�to such nott¢e.
<br /> ' U Conaea�t,Parttal Reconveyance,Etc.i That at any time.or from time to time,without l�ability therefor. snd without
<br /> •� notice,upon written requeat of Benefiniary.and withoutafiectingthe per�onal liabiltty of any pereon ivr paYmentof the indebted-
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