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<br /> ,��.,,,,m,:;.�a�;:� ' neaa accured heraby.or tho Hon of thla Dced of Truet upon the rumalndur otsuch propnrty for tho tuU nmount of tl�o ludabt�:dne�s
<br /> r = then or ii�oreatk�r,sccu�cd heraby,or ti�o eiRhta or Rowere ol tho Bor�oitcirsry ortha Trusteo wlth reapect to theromainder ot�uob
<br /> property.Truite+emqrix3r�ecunvbY+���y'vxfi++ibuc�P���:�3'�tbl�anaaattothnm�l�.lrt�ofanym!p�rrlaxtherenf�(e)iofrinRrant�
<br /> �, tog�►ny ettement thereon,ar(d)Join ia�ny extenelon sgreement or�ny�greement aubordinating the iten or ahurYe Iteraof.
<br /> Full It�eonveysncet�'hat,upon wrtlten reque�t ot Benetiel�ry ttatinR that all auma aecuced haeeby have been pald�Trua
<br /> , tn n : � � tae ah�Q reconvey,withou�warranty.the property then held hereundar.Tho reattsls in auch reconvaysnce of�ny mattara ot fact
<br /> abuli bo co�etuatvo proof af the truthfulness thoreat.The tt�antne in euah reconveyanco may bodesipm4t�d se"!he persnn ar persons
<br /> leQally entitled therato".Suah�equa��nd reconveysnce ehs11 operate as a�eaealgnment ottho rente,income,iseue�snd profIu
<br /> ;,,,�,;, � herelnbefore�aeigned to Seneticiary.
<br /> �'' " � Rishtc to Collaet wnd liecetve Renb and Protite:Notwithstandingaay other provtsfons hereof,Henef iciary hereby Qranta
<br /> �`''� �� permtaaton to Truetor to colieet�nd retate tha eenta,income.iaeuea and profite oi$uah property as they become due and p�vable,
<br /> ��'�`:�`' '�'�'�LW bntreaervestheriRhttnrevokeauchpermissionatanytime,wtlhorwhhoutcause.bynoticeinwriStngtoTruetor.mailedtoTrus- .
<br /> .:r �?'.;"`.'�i�.::. tor st hie iaat known addreae.In any ovent,euah permieeton toTruatorautomattoally shall be revakad upon defautt by Trustor ie
<br /> '-':yz'�-�'r�,t+ � pa�ymantofaeydndebtedneasaaeuredherebyorinthepertormanceofanyagceementhereundor. OnanyeuchdafaulwBenefietary �"--
<br /> ,,.�'�;" h�a?; mqy aL any time without notica,either in peraon�by agank or by recetver to be appointed by the Court,and�vlthout regard w the •�`�
<br /> ' 'R�- ��..�.:.�. '.
<br /> r,.; . .". adequscyofanyseouritytortheindebtednesssecuredhereby.enteruponandtakeposaessionotsuchproperty.oranypartthereof�
<br /> ' ' , ;"���� make,cancel,enforce or modity lease�obtain and ejoct tenants.set or modity rente;•in its aw�name aue or otherwise collent the •���
<br /> .,�,'..:,.... . ,. ,�;
<br /> .,��� renta,tncome,issues and profifs thereof�includfngthose past due and unpatd;and apply thesame.lesacosis ond expanseaof opera- _
<br /> c�:'�'�°�''•`� '���`°t� , tion and collection,[noluding rexsonable attarne�Y's fe.en.upon any indebtednese secured hereby and in aueh ordor as BenetleiarY � � `
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<br /> �Y:,�;'�.:,;;•:�i:�� msy determi�e:and except for su¢h applicatian.HenelieiurY ehaU not be tiuble to any person for Lheco11ection or noncollectton of
<br /> ..;,
<br /> . . ,�'���:°'-; ; anyrenta.income,Isauesorprotita.forthetailuretoaaseec4orenforceanyotthetoregoingrighte.norshall8eneticiarybecharged �"
<br /> ` J, � � � with Any of thea3uties and obligationa ot a morigagea in poaseesion.Theentertng upon and taktreg possea9ton of auch proper;y.the ;:�s�;`.`•,�'
<br /> �+t���`''� • coHection of auahrehta.income.iasues ar protits,the doingof other aats herein snthorized,and the applicalion kAereotaa atoresaid, �f-;;'?'�
<br /> `� ;.,::r,;,:., •' shaU not cure or.�vaive any dettwlL or notica of default hereunder or invalfdate any act done pureuant to auch notice. ,
<br /> .:�.,..,,.;�,,�„ ,
<br /> ;�.�;>,��?�;t.'' ` ' ''" ;ti • Trttetee's Sale on Defaultt Upon detault by Trustor in p�ymentotany indebtedness seaured hereby or in periormance oi
<br /> '���`��' • any agreement hereunder,or any agreements¢cured hereby.Heneficiery ma�y declare all suma secured he�eby immediately duo
<br /> ; . ': and pwable end shaU causeto be filed of cecord a written not{ceotdefault and electton tosell nuah property.After the lapae ofeuch
<br /> �� ' ' ' time as then may be required by!nw followinit recordation of euch aottce of detault,and notice of asle having been given as then
<br /> required by law.Trustee,withoutdemand on Trustor,sha1l sellauch property.eitheras awhole or In eeparate parcela,end inauch
<br /> ,'�;• orderasitorBeaeficiarymqydetermineatpubticauctiontothehighestbidder.'Crusteemeypostponethesaleofatioranyportion �� �
<br /> . � � of auch properiy by public announcoment at the time and placeof eale,and from time to time thereafter may postpone tha esle by
<br /> � ' � publ3a announcoment at tho time and placa tixed by the preceding postponemen�Tzastee shall deliver toaueh purchaaor ite daad
<br /> �p���y�rig�p g��lR,S•e�s�lsl.l��c wl�QUt any covenant or warranL.v,expresa or implied.The recital tn such deed otany mn�tera
<br /> � � ":, �� ; of fact or otherwlse ehe.11 be concluetve proot of the truthfulness tharcof.Any porson,includingTruator,Truetae or IIonefloiaey�
<br /> � � mqypurahseee�teuehaalaTruat�sem�U►aleuse��atanyeucheeleandaspartthereofanyshareeofcorporaWstoekaeeuringthaobli- ,
<br /> �tion seeured horuby.ond Trustor wnivcs domand and notice ot aueh salo.(Beneticiary at its opt(on m�y►aleo foraeloeo on auah
<br /> � eharca by indopendont pledgo nalo,and Trustor walves demand and notico of such eale.)Atcc3r deducting atl coata,icece and
<br /> oxp4nacaof Trustee.and of this True�including cost otevIdence of tttte in connecCion with euch sale,Tausteo shall firat apply tho
<br /> ' � prnceeda ot solo to payment of aU auma expended under the terma hereaf,not then repaid.wilh accrued interest at the rata then
<br /> , � pqyable under the aote or notes secured horeby,and then to p$yment of all oiher suma secured hereby.and if thereaiter thero bo
<br /> • t any proceeda rsmaining,dtstrIbuLe them to thu person or persons legally entitled thereto.
<br /> • If thia Deed otTrust or any note secured horuby provldea tor nny charRe for prepayment of any indebtednessseeuresd here-
<br /> by,Truetor agrees to pay esid charRe.if any of snid indebtednesa shall be paid prior to the maturtty date thereof atated in satd
<br /> noteor lhis DeedotTruat,even if and notwithstandingTrustorshall havedefaulted to paymant thereot,or inperformanceof any
<br /> „ agreement hereunder. and Beneticiary by reason thereof.shall have declnred all sums secured horeby immed(ately due and
<br /> • � •� payable.
<br /> ' •� Suhatitutton of Trustee:That Beneftuiary may,from tlme to time,by instrument in writtng,eubstttuteasuccessororsuc-
<br /> � � • ceeaora tA any Trustee named herein or acting hereunder.which Instrument,executed and acknowiedged by Henefieiary and
<br /> - recorded In the oftIceoi the regiaterof doeds af the ceunty or countiea where such property ieaituated,ahall beconelusive proof of
<br /> � . • proper aubstttutfon of such aucceasor Truetee or Truatees,who shsll.without conveyances from theTrustee predecessor,succeed
<br /> � j to all ita titto,estate,rights,power and duties. '
<br /> , � � No WaIver by Beneiteiary:No waiver by Benotioiary of any right under this Deed of Trust ahall be effec!{ve unleas in
<br /> ��� ' wrlt{ng.Waiver by Benefieiary af any right p�ranted to Beneficiary under this Deed of Truat or ot any provision of this Dead of
<br /> �. ;�"�w � Trust as to aqY lraneaction or ocaunences ahall not be deemed a waiver ss to any luture transaetton or occunonces.By accepting
<br /> � � paymentof any eum secured hereby a fter its.due date,or by rnakintt any p�yment ar performin�s any acton behalf of Trustor that
<br /> �� �� • ' ' Truator was obllga�ed hereunder.but failed.to make or pertorm,or by adding any paymenL eo made by Benetieiary to the
<br /> ;M;��•:'" � " . � In�obtedneas secured hereby, Beneficiary does not waive its right to require prompt payment when due of alI other sums so
<br /> ' � secured or to requiee prompt performsnce ot uU other a�eta required hereunder,or to declare a deiault for failure$o to pay.
<br /> Waiver of Statute of L�mitsttone:Tlme isot the easeaco in all Trustor'sobligations heresunder,and tothe extent permitted
<br /> by law.Truator waives all present or tuLure ststutea of ltmitat(ona with respect to any debt,demand or obligatfon secured hereby
<br /> � � . ; � in any action or praceeding for the purpose of enforc{ng this Truat or any rIghta or remedies hereunder. �
<br /> i
<br /> Inspeatton and Bueiness Itecorda:Beneftctacy at any time durtng thd conttnu¢tton of thta Trust may enter and inspect
<br /> �� � such property et any reasonable time.TrusWr agrees that in the event such property is now or hereafter uaed for commercinl or
<br /> � restdential tncome purposes,when requeated by Beneticlary.Trustor�vl11 promptly dolivcr to Beneficiary such certified fInanciat
<br /> � ° statements and profit artd losa stataments of auch types and atauch intervals as may be required by Beneficiary which will be in
<br /> �� � ,� " form and conten!prepared according Lo the uaual and acceptable accounting princlples and practices,which atatemonts shsll
<br /> ' •• ( cover tho financial oporalions relating to eunh property and Trustar further agrees when requested by Beneficiary to promptly
<br /> ���� ' • � d e t i v e r i n w r t t i n g B uch turther addttionai information as r e qutred b y Beneficiary relaiin g Lo any auch tinancial atetements.
<br /> � AcceleraQon Clauae:Should Trustnr.or any auceessor in intaresi of Trustor.voluntsrily or involuntnrily aell�exchange,
<br /> . convey.transfer,contract to selt,tease with optton �o purcaase,subiease,disposo oi.ceange tne cearacter or use oi,or iurceer i
<br /> encumber sueh proporty.or any part thereof,or any intcrest therein,or it sny oi esid parttea shall be divested of title to aueh real �
<br /> ° propertyor uny part thareotor any interest iherein either voluntsrily or involuntxrily.or if title to euch pmperty besubjected toany I
<br /> lten or charqo volu tar[ly or{nvoluntarily.contractual or atatutory.without the writsen coneentof Beneficiary being iirst had and
<br /> � •• . � obtained,then Ben�ticiary ahull have tho rtRht,nt its op�ion,to duclare ail sums secured hereby forthwith due and payable;aed i
<br /> *,:;., � thts sume right ot a celeration shall be available to Beneficiary if!he undersigned is a partnerahip and the interest of a general
<br /> . ,, � partner Wrminstes,ta sssigned or tranaferred.or is diminished or if the undersigned is a corporation and any of the corporato i
<br /> �� etockislranaferred,soldorasaigned;oriitheunderaignedisatruateeofatrustandthereisachangeofanyofthebeneficialiater• i
<br /> ' eat of the trus�
<br /> Re�nediae:No ramedy herein provtded ahaU be exeluaive of any other remedy herein or now or hereafter existing by law, �
<br /> - - � � butshaiibecumuistive.EverypowerorremedyhereUygive�►tvTrueteeortoBeneficiaryortowhiche{therofthemmaybeother•
<br /> �' �� � wise entttled,may►be exerctsed from time to time and as often ae may be deemod expedient by them,end either of them may
<br /> ' , . pursue inconsistent remedfea.It Beneticlary holds any additlos�al security for any obligation eecured hereby,It may enforce ihe
<br /> ; "` sale thereof at itaoptton,e{ther before,contemporaneously with.or after the eale is made hereunder,and on any defauitot Trustor,
<br /> Beneftctary may, at its option.offaet agsinst any indebtednesa aecured hereby,and the$eneficiary is hereby authorized and
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