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<br /> `-'.,-' .'''•,.��..sr;� positior�s cttributabk to thi P►oporsy.uixllfaze(�o16 p6ymtnts or pro�rtQ�M45,if cny.bef�x�1?►t sn�ne became cMGnqiwnt.l�ustu shofl Rrcmp- --
<br /> �- - tly furrti3h tu Bene�'icinr�ull notices of arr,ounts due u�er th9s porayropt►,ond in fta exQnt TruYtor shall moic0 paym++tR Qirectf�, Trustar shatt �,
<br /> — ��--'°""�"".'�'�''- promptiy furnish to Birnficiary reteipts�vldfntln�s�ch paym�M�,ln�stc�r sholl pa�r�I14axRS ond nssrssm�nts whkh may be N�bd upon
<br />_�.?',.;� ," « � Ccr,:fi�i��'s intcrest h-re6n er�r^�n thls O�d of Trust wilhauf ragard 4o ary law 9tw4 may bo er►aciQd(mpasirg payment ot 8M wfiole ar any �.�.:
<br />° _>�=:�°''*`•r�:,'.' port therwf upon tM 9�fici�y.
<br /> -�;;'��._ --. . .,� 6.�{�i U�p�I l�ntcxtb������r•Trusta shall mdce ali pcymHrts of iMer�st and piocipal ond paym�nts af ony
<br /> �� �,...•.,;:. - ott�r chorp�s,fees a n d e�9ensas con tr o c t R d t o b e p a i d t o o n y e x i s t i n� l i e n h o l Q K S w p ri o r henefkiaies under an V p►ia ii�ed of 4rus�ar mor� -_--
<br /> ��1`' tpoqe befae the dato thny are delinquent and prompllY GaY��diuhorg�ony ond all olh�r lians,claims a chapes whkh�rwy jeopadize tho --
<br /> ., . , securit�qra,9ted herein,ff Trostnr fails tu make any such payment a fails to Perform any of the covenanfs and aqr�ements contoined in this ��.
<br /> Qsed of Trust,or in any prior mort�e or dee�of trust,of if��y adion or praeedinp is commerxed which materiolty affacts B�nat'Kary's in-
<br /> . �� • terest in the Property, intluding,but�ot limited to,eminent domoio�rxcsdings,or praeedir►ys involvinp a deceMent,a if Yrustor fc+is topoy �___
<br /> , , Trastor's debts ganerally as they become due,then Beneficiory, at Ber�eficiory's option and without notico to x demand upon Trosta o�d �
<br /> � withaut releasir�g T►ust�r from any ob�ipation hcreundEr,may mak�such uppearances,disbusse such sums,and tolce such ation os is ntcessnry
<br /> to p�ntotr Beneficiary's interest including,Cu4 not limited to,disbursernent of reosonable attomey's fues,paymant,purctwse,tontest or com- ��
<br /> promise of any encumbro�te,charge or lien, and entry upon the Praperty to muke repairs. In ihe evc�nt tho4 Trustcr shall fail to procure in-
<br /> � suranco or to pay taxes,assessments,or any�ther charges or to moko any payrr�nts to existing prior lien holders or beneficiexies,&neficicwy —_
<br /> may praure such i�isuPOnce and ma�ce such paymcnt.Any amounts disht!rsed by Beneficiary pursunnt to this Paragraph 6 sholl betome additio.�wl i_
<br /> indebtedness of T�estor secured by this Ooed of Trust.Such amounts stwll be payable upon notice from Benaficiay to Trustor reguesting pay- `�
<br /> ment thereof,and shall bear interest from the date of dis6ursement at the rate payable hom time to time on outstonding principal under ths ��_
<br /> Plote unless poyment of interest at such rate would be coMrary to applieable law,in vrhi�h event such amounts sP�a11 bear interest at the highess
<br /> • „ rate parmissible under applicabla law.Nathing contained in this Paragraph 6 shu11 require Beneficiary to intur any expense or tpke any ation ���;m
<br /> hereunder. �•:=
<br /> 1. Aaslsn�n�nt o}R�nts.Beneficiary shull have the right, power artd authority during the continuante of this Oead of Trust ta collett the ,,.,
<br /> rents, issues and profits of the Property and of any personal property loeated thereon with or without taking possession of thu property offettQ� __
<br /> hereby,ond Trusto►hereby absolutely and unconditionoll�assigns all sueh rents,issues and profits to Beneficiary.Benefitiary, howerer, hereby �_.
<br /> consents to the Trustor's collectian a�d retention of such rents,issues and profits as they accrue ar�d become payable so long as Trustor is not,
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<br /> ot such time,in default with respect to pnyment of ony indebtedness setured hereby,ar in the performance of any agreement hereunder.Upon . .
<br /> ° --. . �___.:.:_�..................:�,e �;•�.�.�nprenn hv naent.or bv receiver ta he aApointed by a tourt,withoN rtotice and without • •:
<br /> _ ony sucn ueiuui�,oc��o������r���..�,.. .,,.� .............._. .. .- -- •-. -• Pe►tY Y Pa
<br /> .. regord to the adequoey of any security for the indebtedness hereby secured, (a) enter upon and take possession of the Pro a nn rt �--
<br /> thereof,ond in its own nome sue for or otherwise collect such rents,issues and profits,including those past due and unpaid,and oppty the same, _
<br /> �ess costs and expenses of opnration ond collection,including reasonaGlo attorneys fees,upon any indebtedness secured hereby,and in such
<br /> • order as 8eneficiory m�y determine; lbl perform such acts of regoir or protection as moy bo necessary or proper to conserve the valu�of ihe
<br /> Prope►ty;(cl leose the same or any part thereof for such rentol,t�rm, ond upon such conditions as its judgment may dictate or terminate or ad- .
<br /> just tho terms and coRditions of any existing leose or leases. Unless Trustor ond Rerteticiary ar�ree otherwise in writing,or►y application of rents, ;
<br /> issues or profits to any indebtedness secured hereby shall not Qxtend or postpone the due date of the instullment payments as provided in said _
<br /> ' promissory note or thunge the amount of such instollments. The entering upon and tuking possession of the Praperty, the coll�ttion af suth
<br /> - rents, issues and profits, ond the applicasion thereof os aforesaid,shall not waive or cure any default or natite of defautt hereunder,or in-
<br /> volidote any act done pursunnt to such notice.Trustor also assigns to Beneficiory,os further security for the parformante of the obligations �
<br /> • setured hereby, all prepaid rents and all monies whith may hove been ar moy hereafter be deposited with said Trustor by any lessee of the Pro- �;.
<br /> perty,to secure the payment af ony rent or damages, and upon detoult in she performance of any of the provisions heraof, Trustor agrees to
<br /> . de�iver such rents and deposits to Beneficiary.Delivery of writteR notice of Beneficiary's exercise of the rights granted he�ein,to anytenant oc-
<br /> cupying said premises shall be sufficient to require said tenant to�uy said rent to the Beneficinry until furthQr notice.
<br /> `. g,tonde�nation.If title to ony part of the Property shall be taken in condemnation praceedings,by right of eminent domain or similnr attion,
<br /> or sholl be sold under threot of condemnation,all awards,dama�as and proceeds are heroby assigned ond shall be paid to Beneficiary who shall
<br /> � npply such awards,damages and proceeds to the sum secured by this Deed of Trost,with the excess,if any,paid.to Trustor. tf Trustor reteia�s
<br /> any notite or ather information regard�ng suth attions or procee�ings, Trustor shall give prompt �vritten notite thereof to benefitiary.
<br /> Beneficiary shull be e�titivd,at its option,to commence,oppear in and prosrcute in its own name any such action or proteedings and shall�e en-
<br /> fitled to make ony ca�npromise or settlement in connection with any such nction or proceedings.
<br /> � 9. Remed#es !!ot E:clusiva. Beneficiary shnll be entitled to enfarce poyment and performance of any indebtedness or obligations secured ,
<br /> •_? hereby ond to exercise all rights ortd powers under this Deed of Trust or under any other agreement executed in connection herewith or�ny laws
<br /> � now or hereafter in force,notw�ithstonding same o�all of the such udebtedness ond obligotions secured hereby may now or hereafter be other•
<br /> wise setured,whether by mortgage,deed of trust,pledge, lien, assignment or otherwise.Neither the acceptante of this Deed of Trust nor its
<br /> :,��.�-' enforcement whether by court action or pursuant to the power of sde or other powers herein contained,sholl prejudice or in any manner affect
<br /> � •,� Beneficiory's right to realize upon or enforce any other security now or hereafter held by Beneficiary,it being ogreed that Beneficiary shall be
<br /> en�itled to enforce this Deed of Trust ond any other security now a hereafter held by Beneficiary in such order and manner as it moy in its ab-
<br /> ' solute discretion determine.No remedy herein conferred upon or reserved to Oeneficiary is intended to be exclusive of ony other remedy herein
<br /> � or by law provided or permitted,but each shall be cumulative and sMll 6e in ndtli4ion to every other remedy given hereunder or now or hereafter
<br /> i
<br /> , �• existing at low or in equity or by statute.Every power or remedy p��ovided hereunder this Deed of Trust to Beneficiary or to which it muy be I
<br /> othenrise entitled,may be exercised,concurrently or independently, ftom time to time and os often us may be deemed expedisnt Beneficiory ,
<br /> ond it may pursue ineonsistont remedies.Nothing herein shall be canst�ued us prohibiting Beneficiary from seeking a d�ficieney judgment ogainst '
<br /> the Trustor to the extent such action is permitted by law. �
<br /> -- - -- ' --_, ... .,y_�� - - . • ----�I.� If„u��n„nnrt nf tho nrduertv or anv interest therein is sold,tronsferred or conveyed by irustor �
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<br /> ; ' � without Beneficiary's prior written consent,excluding�(a)the treation of a lien or encumbrance su6ordinate to this Deed of yrust,(bl the crea- �
<br /> tion of a purchase money seturity interest for household oppliances,(e)a tronsfer by devise,destent or by operasion of Inw upon the d�ath of a ;
<br /> joint tenant or (d) the grant of ony leasehold interest of three years or less nat contoining an option to purchose. [ieneficiary may, at .
<br /> Beneficiory's aption, declare all the sums secured by this Qeed of Trust to be immediately due and payoble,or tuuse the Trustee to file o notite
<br /> ; of default. Bertaficiary sholl have woived such option to uccelerate if,prior to the sale,trarsfer or conveyance. Beneficiary and the person 40
<br /> wham the property is to be snld or transferred reath agreement inwriting thot the credit of such person is satisfactory to Baneficiary ar�that
<br /> �° the interest poyable on the sums secured by this Deed of Trust shallbe ot such rate�s Qeneficiory shall request.
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