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<br />__ � ._� nn int�x�at givan ior �aourit� and io irravaa�l�) �o ontor upnn th� Tru�t Precs�ise� �� th� ,,�.,,;;,
<br /> :ZUaTOR'8 a�ont ead in TRUl3TQri'Q name� Cn �erPorcn any nad ail aov�nanto to hea }}asPormed by th� '• -
<br /> ;�,�,.'s;�,.. , ; TRUBTOR ae horaln provid�d. Mil amount� di�bur�ad or icxousr�d bX BF3i�oH'L�Y�2iY �u�ousfl5: S:o ; n. _ -
<br /> _�:��r �.: ' .<_ this Paragra�h 13, inoludin� not limit�d tio r�asonabla atitorney � l���, �hall b� gayaibl� upon
<br /> " � ' ddmanQ, ehaii basr inCnraat at �ho dolault rate eet fr,rtk� in th� Not� lrom the dnt� o! ���l „�•-
<br /> -- � diobureemsnt or the dat� inaurr�d and �hail 10� �oms an ndditional emou�t escured har�undor. .. . •:` "
<br /> � eENEB'iCIRAY ehal.l, at ite optian, be eubragated to nny enoumbrnriae, lion, ais�m or demdnd, ; . , � :'``v'."�`'
<br /> pnid or dieoharged by eENEFZCS�iAY, and to all the righte ax�d eeouritiee Por �he payment � � -_
<br /> - « ,. ,, ther.eof and any suoh aubrogation righte ehnl]. be �ddi�ional and oumulativo �eaurity Prr thie � . , _-
<br /> - � Deed af Trua�. NoS:}xfng oon�ained in thie paragraph 13 ahall roquiro HEPJEBTCI1fRY to inour any =
<br /> � � expenee or do nn� aot hereundes amd HENBHZCIAI2Y ehnll not be linble to TRUB�OR Pox any . —
<br /> "� damagee or alaima arieing out of aation tt�ken or not taken by HENEB'ICSARY pursuan� �o thin , . , _'� -
<br /> , Paragraph 1�. ' _
<br /> I . 14. b�IaH8ARA1(L� SY 8mf8SIGIZiRY t�OT{�lIVIIi. Any delay or forbearaac� by BENEBICIARY `,_�,_.••��'
<br /> � in exeroiei.ng �nX r g t or reme y ereun er or ot orwiee aPforded by law or equity ehall not :.;�,e�,..
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<br /> be a wal.ver of or pre�lude the exeroise of any euch ri�qht ox remedy or any other right or � .�;,�_
<br />��, remedy her.eunder �r ati law or er�ui.�y. The p�oour�ment of inauranco or tho paym�nt of taxea . ��F��__
<br /> ��'�`�� . or other liena or chargee by HENEH2CIARY ehall not ba a waivmr af SENEFICZARY'B right to `_':'.`_�
<br /> ��''��� � aaaalerr�te the maturity of the indebtedneee neaured h�reby. DENEP'ICZARY'8 recoipt of any :,q�,;�___
<br /> . awardo, proceods or damagee undex Puragraph 8 os aranting Clauee C(3) heroof ehall not � . �
<br /> • ' operate to aure or waive default by TRUSTaA. � • � �--
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<br /> • „• . 15. TItIIBTQ�R Ii0►d'REI.BABEDT PItIORITY 8IIH8SQUSN'P TO MDDIFY�ATION. Extonaion oF time for ';�`� � .
<br />` � payment or mod�P�t on of amort za on oP sume eeoured by thie Deed of Truet granted by , . �����"—
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<br /> . BENEP'ICiARY to any eucceeeor in intereet of TRIIBTOA ehall not dp�rate to zeleaee, in any ,• �_--- __
<br /> .. ' , manner, the liability of tho original TRUBTOk and TRUBTOR�s euaceeeore in interoet. '��� �� -
<br /> HEIJ88ICIARY ehall aot be required to comiuenae proceedinge againet any euah euoceeaor and may �"• """
<br /> .. _ � ;. �� er may not refuee to extend tima for payment or otherwiee modify amortization oP the oume ��'' � ,�,�_._
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<br /> eeaured by thie Deed of Truet by reaeon of any deman8 mad� by the original TRUtiTOR and ;,•; , �.,��,'�{ ,
<br /> mnggrlv_►p�c �„ni.ovae,ra t n i ntaraat, Any nareament hereafter made bv TRII�TOR and HENEFICIARY � -��,_ :. .R,.;sa►lf � ..
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<br /> ,, ' relative and pureEaant to thio Deed of Tru�et ehall be euperiar to the righte of the holder of -.
<br /> „ , any intervening lien or encumbrance. �� ,.
<br /> ., � ,�!•y �'.ft.,.; � .,
<br /> � ' 16. HOTOItE 1lDVll1(CESs Upon requeet of TRUBTOR, BENEBICIARY, at ite option, prior to ;.�?; . �:M,
<br /> �� dieoharqe of C e DeA o Truet, may make Future Advanaee to TRUBTOR. Sueh Future Advanaee, ` ; �'. •
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<br /> . with i.atereet �hereon, ehall be eecured by thie Deed of Truet. Nothing herein contained ';•�*".. :
<br /> ehall imply any obliqation on the part o! any holder of the Note to make any such additional s,��,•'
<br />' loan. 8uture advanaee, if any, wiLl not exaeed twenty-five percent (25�) of the princi�al � �,: •
<br /> azaount set forCh on the fl.ret page of t2iie Deed of Trus�. �,�;. �
<br /> 17. DEa1�vLT. Eaah of the Pollowing oaaurrenaee ehali aonetitute an event of default j - � .:;�,�
<br /> , hc�reunder: ' ' '��
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<br /> a. Failure oF TRU87'oA to pay when due any amount payable under the Noto or � ', �'' �..
<br /> �• any other indeb�edness eecured by thie Deed of Trust. „:.r!,,��t,`"'�'
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<br /> be Sailure of TRUSTOR to duly porfosm or oboorne any of the covQnanta .
<br /> aoataiaed in this Dood of Truet and,/or the Notef ' �
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<br /> c. Comcni.eaion by TRUBTOR of any act of baNcruptcy or a qenaral aseignment for � . �?
<br /> � tho bonefit o� areditere, or if any �roceeding ie inetituted by or againet I �� ,
<br /> TAUSTOR for aay relief under a�y bankruptcy or inoolvency laws, or if a ��•
<br /> receiver ie appointed or a wriC or order of a�taahment or garniehment ie , '�:. ,�;
<br /> , made or ieeued, or if arix proceeding or procedure ie commenced or any ?
<br /> remedy supplementary to or in onforcement of a judgm0nt is employed
<br /> � �• �gainst, ar wi.th roapect to any property of TRU�TORi ,.
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<br />:x ',�,t'' ' d. Any repreeentation or warranty mado by TRUSTOR herein ia untrue or �
<br /> mieleading in aay mrsterial reepeat� or '
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