|
... -T .,,r,r-.,..,,., .. ..t ,., .. . . .._ , . r
<br /> • :e...ufMieM�1�1►. '•�stt'�i:i:�ti�lit:�t;lti��i.: .. ,n�u<Cl��r...ql..+ispa+rvvn.�..'�o,s.ny .
<br /> �w.wY n'�.� . n � • .f�s+aawttitKY�w�iq'. �
<br /> .. � �
<br /> ��.
<br /> . �
<br /> � ....,..T�.; :Y.+���s..�1,Jrf.w.T'...._. . . ...__ ._
<br /> N. _...-.___---
<br /> . , ". �:/'.� . � ':rM,� ' �� : .... . .:. .. r.vw��.. r��1'yf '�• � _
<br /> . • •YdM�iwidr,h�J`I �— — —_
<br /> .w�.��V.�..
<br /> .�� . _.
<br /> ._�.
<br /> � �.�����������
<br /> . _r s���n.__•_�i�.aYBP[]�)IBI@ffil,ID�'. .. . _ . ... .
<br /> . � . .... � .. . � ,.r.. �.. ...._.�..—_�.�...�:-.:..,a.t..�..n.<<....�u�.�..... �o�.. ..._..
<br /> ---" �i.��.dnS�f � � Y "
<br /> , - -'�....:�t���f fe•.t. .� - . V _'_'_
<br /> .,� i.�. . ' t;`-�.'- � _"J�: �.�n." End..�..'�� � (�1f '.,�� " ..,_.�... .��..I(�. .t:: �' '�C.�,._iV�� '��'u°,:�.::,f:.:°�P`•�1:`".' a_.__"_
<br /> , ,i t_ . �; o , �. � ,. �• :.�, E:,� �.,�c.,,..... a�,...:.��c;�.,�,r�.,:.,_:s�:.;�,.,��:. .:::.,E� °.., ..�.���;�,�;;� i; . .:�� } �
<br /> ' ;::�n... �(�u ,.:�r-.1i:���..:���.�:.uy�C.."��:.:. ...,i�..�.._��. ° � :- .
<br /> `""'°'=��==n-`'"'� tly fur���sh to 6tno9k!ary n!I nt�tltea nf a�+r.�+xsta du��mt3�tv this ya+'r�gr�h,a+�d in tt�t�:va+t1'iiusfar shulf nwkd�wya��P G:�etE��,"�fra.a�..•s��..:! '-',
<br />-��:z�r-:.��,
<br /> -�:�-�;;.;��;.�;�� �omptly fu�ni�h tc�ilicirn�y rrcaintx evldanci� s�xh paym�nts, i'rusto� simll puyl�I tnxas ax!asxssx+r+ints which may ba l�vf�ed��oei
<br /> - Il�rMficiory's�nt�r�st honin a upov►thix I1hd o9 Trusf witlMUt rsgord�o ar►r{aw tf�t moy b�rwcted im�oslnp p�yrr�t af th�w�snl�a���Y
<br />__ .. ..�:C'':�:;�'�l Fxx1 ther�nf upun the stn�fitinry.
<br /> — ---- --= b. �Pf1��MY�0 t'lt�ORTNM�Y IIIMiStiY�rp�9 Si1K�fori�.Yi iiSiw'Sii���i�i;..iJ 40� u._.�i;f,����+.;i:,;'d G"�{'.:l:5���'�rr+?w!�rtY!�!tt5 Of f4►M i--
<br /> F��➢
<br /> �----� — other chargls,fors an8 expens�s coMr�ct�d to ba pold to ony�xistirp Ii�nfwMKS or pr'ra b�fisiorMS und�r anY Pr�a'AMd°f trust°�m°r'
<br /> ---=___ = tqops l»fab the date they as dtlinqu�nt or�prornptly poy�nd dischcxp�ony and afl otlNr I'�ns,tla{ms or charges whkh may jeopa►dixe the
<br /> — skwity Qronted heroin.If Trustor fails Co moke ony such puymanf or iallx to pK'form any of tM coY�nanfs a►ed o�r�m�nts con4ein�d in this
<br /> _____= Lked of Trost,or in any prcor mortpage or deed of trust,of if any ation or pra�ediag is comr�rnced whlch ma4�riolly affects Ba+�efiiciory's in-
<br /> "'"°'`""$"'''' -- trrest in the Proper�y,�nctuding,but n44 limited to,em.inent domain praeadings,or praceedinys involvinq o detar►der►t,or if Trostor fails to poy
<br /> = f.--_-�-`=� 7rustor's Aebts peneralty as they become due,than Bar►e4ici�xy,u7 Be+�eiieiG�y's aFtiw�u��f withaut cwtEra to�d�rn�J ul��Trustor r��w1 = -
<br /> -_-_,;��� withaut relaasing Trustor from any obligntion liereunder,may rtak�such appear�nces,disburse such sums,and tt�{ce such attiai as is nxessay
<br /> ---�R:;K�� to protat 6er.e#iciary's inverest including,but nbt limit e d to,dis t x�rse m e n t o f reas o n a 6 l�o t t o m e y's f e e s,p a y m e n t,p u r c h a s a,c o n t e s t a r t o m-
<br /> - -�a=�x.;,� promise of ar,�encumbrance,charge or lien, and entry upon the Pmperty to mcke repairs. In the�vent thot Trustor shall fail fo prucuro in-
<br /> � �euranto or to pay taxes,ossessments,or ony other charges cr 4o moke ony payments to eKistlnp prior lien holders or beraficiories,Beneficiay
<br />��_ __<,.�� muy procure such fnsuranco und moke sUCh payment.Any omounts disbursed by Beneficiar�pursu�nt to this Paagroph 6 shnll btcom�additionol
<br /> -==�=Z'-�''`�� indebtedness of Trus4or sewred by this Deed of Trust.Such amounts shall be payable upon natice from Beneficlary to Trustor reqs�e�ting pay-
<br /> ���:�r a�;;s;�y�
<br /> --- ,q ment thereof,and shall beor interest from the date of disbursement at the rate payabie f:om time to tlme on outstonding principni under 9ne
<br />` '�?�;it,
<br /> „4.�., ;,e Note unless payment of interest at such��ate would be corftrary to applicoble law,in which event such amounts shall bear interest at the highest
<br /> � rnte permissible under applicable Inw.Nothing contained in this Parogroph 6 shall require 8eneficinry To incur any expense or take any action � ___
<br /> ;,���. : ti _..:�
<br /> �,'•��*`f�''Q�� hereunder.
<br /> ;a ,,,�. ,.�s:,, ,•
<br />-� �;�;�,;!, -, 7. A�si�nm�nt ot Rfrtb.seneficiary shall havo the right, power or�d authority during the continuance of this Dead of Trust to coltect t
<br />'�`-�':^t�'��' '�`� rents,issues an�profits of the Property and of any personnl property locat�d thereon with or without taking possession of the p►operty affected
<br />��,� `� " '''?���'•���'' hereb and Trusror herob absolutel and unconditionoll assi ns all such rents,issues and profits to 86neiiciary.Bentfitinry,howelzr,hereby
<br />_•:�h;'=;ri'�. • • • •.� Y, Y Y y 9
<br /> ,,...- .. � consents to the Trustor's collection and retention of such rents,issues and profits as th�y accrue and become payobto so long as Trustor is nat,
<br /> �:.
<br />"`== '•�•'� ' '�`•' at such time,in default with respect to poyment of any indebtedness secured hereby,or in the performance of ony pgreErt�ent hereunder.Upoa
<br /> �� , any such default,Beneficiary may ut any time,either in person,by agent,or by receiver fo be appointed by o court,witha�t notice and without _._
<br /> � ' reAard to the adeQuaty of any seturity for the indebtednnss hereby secured,(a)enter upon and tak8 posse�sion of the Property or a»y part
<br />"`''' � ' ihereof,pnd in its own name sue for or ofhorwise collett such rents,issues ond Frofits,including 4hose�ost due ond unpaid,ano app'ry ine so�iu,
<br /> , • � less costs and expenses of operation and collection,including reasonpble a4torneys feas, upon any indebtedness secured herehy,�nd in such ___
<br /> order as 6eneficiary may determi�ie; (b)perform such acts of repair or proter.tion as may be necessary or proper te canserve the volue of the
<br /> � Properry;(c)leose the sume or any part thereof for such rental,term, and upon such conditions as its judgment may dictate or terminate or ad-
<br /> ' � " just the terms und conditions of any existing leose or leoses.Unless Trustor aad Beneficiary agree otherwise in writing,any application of rents, -
<br /> issues or profits to any indebtedness seeured hereby shall not extend or Fastpone the due date of the installment poyments as provided in said _.__
<br /> promissory note or change the amount of such installments.The entering u�on and taking possession of the Property,the tollection of such _
<br /> " rents,issues and profits, and the applieation thereof as aforesnid,shall not waive ar cure ony defautt or n�tice of defuuit hsweunder,or tn• -���--
<br /> ' volidote any act done pursuant to such notice.Trustor also assigns to Benefitiary, as 4urther security for the performarxe uf the o6ligations �=�
<br /> secured hPreby,oll prepaid rents ond nfl monies vrhith may hove been or may h�reafter be deposited with said Trustor by ony less�e of the Pra• "'r`�
<br /> c.=._z;
<br /> perty,to sewre the payment of any rent or dumages, ond upon default in the performance of any af tho provisions hereof,Trustor agrees to �i�;�
<br /> e___
<br /> deliver such rents and deposits to 8eneficiary.Delivery of written notice of Beneficiar�'s oxercisa of the rights granted herein,to omy tenant oc• �.�;,;�
<br /> � cupying said premisos sholl be sufficient to require said tenont to pny said rent to the Beneficiay until further notice. �'
<br /> " 8.Coniwun�tion.If title to any pun of the Property shall be token in condemnotion praceedings,by right of eminent domain or similar action, �
<br /> or shall he sold under threat of condemnution,all awards,damages ond proceeds ore hereby ossigoed and shall be paid to Beneficiary who shall ��.f;�
<br /> � opply such awards,damages ond proceeds to the sum secured by this Deed of Trust,with th�excess,if any,paid.to Trustor. If Trustor receives
<br /> ." uny notice ar other information regarding such actions or proceedings, Trustor shall give prompt wriYten notice thereof to beneticiary.
<br /> Beneficiury shall be entitled,ot its option,to commence,appear in and prosecute in its own nams any suth action or proceedings and sholl be en-
<br /> titled to moke any compromise or settlement in connection with any such nction or proceedings. .
<br /> 9. R�madk�Not�dutir�. 8eneficiary shall 6e entitled to enforce payment and performonce of any indebtedness or obligations sewred
<br /> . hereby and to exercise all rights and powers under this Deed of Trust or under any other agreement executed in connection herewith or any laws
<br /> . ' now or hereafter in force,notwithstondin�some or all uf the such indebtedness and obligntions secured hereby may now or hereofter be other-
<br /> wise secured, whether by mortgage, deed of trust, pledge, lien, assignment or otherwise. Neither the acceptance of this DeEd of Trust nor its
<br /> enforcement whether by court action or pursuant to the power of sale or other powers herein contained,sholl prejudice or in any manner affett
<br /> Beneficiary's right to realize upon or enforce any other security now or hereafter held by Beneficiary,it being agreed thnt Beneficiory shpll 6e
<br /> entitled to enforce this Deed of Trust and uny other socurity now or hereofter held by Benefitiary in such urder and manner as it may in its ab- '
<br />, � solute discretion determine.No remedy herein conferced upon or reserved to Beneficiary is intended to be exclusive of any other remedy herein
<br /> or by low provided or permitted,but each shall be cumulative and sholl be in addition to every other remedy given hereunder or now or hereofter
<br /> oxistinp at law or in equity or by statute.Every power or remedy provid2d hereunder this Deed of Trust to Beneficiary or to which it may be
<br /> otherwise entitled,may be exercised,eoncurrently or independently, from time to time and as ohen as may be deemed expedient Beneficiary
<br /> and it may pursue inconsistont remedies.Nothing herein shall be construed as prohibiting Beneficiary from seeking o deficiency judgment against
<br /> �. thp Trustor to the extent such action is permitte�by luw.
<br /> ' � 10. TnR�for of PropeKy;dluwnption.If all or any part of the property or any interest thcrein is sold,transferred or conveyed by Trustor
<br /> ! without Beneficiarv's prior written consent,excluding(a)the creation af a lien or encumbrance subordinote to this Deed of Trust,(b)the creo• ,
<br /> � _ - ---- ,.
<br /> tion of a purchose money security interest for househntd appliances,(c)u transfer by davise,descent or by operation of low upon the death of o
<br /> - joint tonont or (d) the grant of any lensehold interest of three years or less not containing an option to purchase. BEneficiary may, at
<br /> � , Benoficiary's option,declare all the sums secured by this Deed df Trust to be immadiately due nnd poyable,or couse the Trustee to file a notice
<br /> � of default.Beneficiary shall hnvo waived such option to occelerote if, prior to the sole,transfer or conveyance,Qeneficicry and the person to
<br /> s� whom the property is to be sold or transferred reach ogreement in writing thot the crQdit of such person is satisfactory to Beneficiary and thot
<br /> ���� the interest payoble on the sums secured by this Deed of Trust shall be at such rate as Benoficiary sholl request.
<br /> �
<br /> � • �
<br /> 7 '
<br /> � ' '
<br /> . _i
<br /> . .. ...__. .__ ... . _ - ,.�
<br />
|