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Deed af Trastt (g)� that i�i` �&e even� �rustax <br />-•�`;���"�_�� �� ' �'., , sYia7.1-�fai7. -to: aomply with the provi�fons og tay tlsrough. if� above.� �tk� �, <br />".4Y`. . t• ' . , <br /> � � . . Sene£3cfaxy map ex�eac� such funds ared tak�' euah action as is ne�cesaatiy ta , t, <br /> _�t� ° :. • rewa2dy sucla failure and aIl �wns paid hy the�Seaeficias-lr pureua.nt�h�seto �ri�kx , <br /> . , , � e : <br /> • � ` ' interest a� the �cate herein�fter provided ahall couetf.t•ute� a 1i�x�x_upa�. the � .:. <br /> E =-- -_. <br /> -;- ° , Praper�Y, sha�l b� sa�ured. by th�a need �o� Ti+a�ts aaid .sYLai1._ be.�.�e��a���Y..; ' _ <br /> . , . du� and repaya�l? to the Benefici�ry: th) �$ot to e�ll the Pxopsrty ar aa� • .v <br /> � � portf.on t8pxeo� s�i�hou�t the appr�val of the 8eneficiary iu writfaig; ���, - <br />=_,? .:, . _ .. the eve�nt of aay eale her�in prohibited, �hen the �ntize indet�tednees secuse�3:' <br /> �w � ' . `'P • by thie Deed of Trust shall, at the option of��he Ben�fiefary. �o+ecome de�� � ;�= <br /> '., ` . �. ' payable; (i) that if• the Pr4perty ar aay par� .�r paraeZ ,t�ere4�, �halY b���.; .y%. <br />'�. � �` , �.`°�`< takem or damaged uader the po�er of eminent domaia. the svJard for,,aag , : `; <br />_ r ; <br />.�".'��` �� �� property sa takea or damaged tincluding severance damages to the_ zem�3.n3.n1' , <br /> "� . ' . ,� premi.ses) ehall be paid to �the Beneficiary and applied in €u2.1 Qr ixt Part at •� <br />.� ... " the option, of the Beneffciary in reducti.oa of the fae�debtedueas hezebYr_. <br /> �- - secured; ij) that the �eaeficiary ehall have the right to inepect th�. � � � <br /> - • • ��:' graperty at such reaeonable times as the Beaefiaiary may desire to detea�ine <br /> =``� � � , :.' Trueto='s catapliaztce voith the cavenanta cc►�tained in this� Deed of Truet�: Eky . <br /> �„'��'�_ � that the Bene�iciary, taay release from the liEa hereof any part or P�cel �of <br /> � -� -�-=-�;��-,=-_=_' withaut requiring aay aoneideratis�n there€or, and (1); t�aat <br /> , : t. the Property _ <br /> :�. , - . . <br /> � Tiriietor 1s lawfully�seized�of--said�-grsmises�-anid Prcperty xn fee aimple. . t <br />��:. � . � � th� same are free fzom all liens and eracumbrances sssce�t as may mtherwisa ta�s ; <br /> � ' specif�cally ncted herein or waived in writing by tb.e Heaefic�ary; that <br /> °' Trustar will �xecu�e ox procure any further nece�sary aeauraacea o� title �ad <br /> � � ....! . daes hereby warrant �generally the title to eaid Propert� aad wi�l forever�: _ <br /> � ' defend the same. against the claims and dem�uds of all gexsona whomsoe�, ancl ,,.: <br /> � � �. . • that Truator's separa�e estate, whether veated, �� ael e�waive�relea e�al�. . ..• '�f`. <br /> � � � : ' i s h e r�y c o n v e yed and Trustor does hereby exp y r��ment� exe��t i o r a <br /> '_• � � ri gh�s�a�d benefits of aay homeatead, dower, curtesy, app . _ <br /> and stay laws �f this state. It is agreed that the i nterea t prov i ded for in <br /> � �� � �ulosectioa (gI at�ove shall� be at the same rate as specified in the Noxe <br /> • � • . '. � secuzed hereby on the pr�nncipal thereof after default aad matur3.ty. .� � : <br /> ' ��, ° ,, s�COND. Ia the eveat Truator, without the prior wri.tten consen�� o�� . <br /> � �. ' B e n e f i c i a r y, shall sell, transfer or convey or aontract to sell. t trans f�e���r� <br /> ,:� � c o n v e y t h e P r o p e r t y, or an y part thereo f or any in ter e a t t h e r e i n, _ <br /> � • b a l a n a e o f the indebtednese hereby secured shall beceme aa d be �i m m e d f a t e l y <br /> ' � � due aad payable at the cption of Heneficiary; provide d, howeves, B e n e f i a i a r y <br /> ' � � ma y w a i v e a u c h o p tion to acceler�te if, priar to such eale, trans£er or <br /> �' _.'.-,r�,°� :� convey�ce or contract therefor, Beneficiary and the person to w h om t h e <br /> . • . propertp is to �e sold os.traaeferred zeach aa �greement in wrfti�ag th�t the - <br /> ,;�>, � credi� af auc�:person is satie�actosy to Beneficiary and that the iatere�t <br /> , � � � payab3.� oa the eums s��ured by� tbie Deed of Trust. ehall be at such rate .ae <br /> _�;?:;:;:;: ' . Sene�i:c�.ary ehall request. . . <br />,:t�,•.;� . � : ° � . �RD, That as further security for the payment of the Nnte and the � <br />` �•��• ... .� � • indebtedaeea thereby evidencec� and the performance of all of the terme, �_ <br /> , . . . ., ' <br /> � coven�.n,te and coad�Ltions her�nf, Truetdr agrees that 8enefiaiary shall and . <br /> ;�.. . . .. daea h��eby haroe the right, �gower and authority during the continuance of f: <br /> � ' � tlais Beed of Trust to collect the rents, iesues and profits of the Property <br /> ��� , � .��� . and of any personal property located thereon with or without takfng <br /> �� . possession of the property aEfected thereby; and Truator hereby abaolutely <br /> ;_� : �' � and wzconditioaally aesign� aIl such rente, iaeues and profits to Beaeficia-. <br /> xy. ��neficiary, haarever, hereby conseate to Tnistor's collection and <br /> �� � � � retentioa of such rent�, iseuea and profits as they accrue and become payable <br /> , � ..�: so long as Truetor is not at such time in default with respect to payment of <br /> ,.L �. � .. any indebtedness secured hexeby or in the performance of any agreement <br /> _'� ' � ' � hereunder. IIpon any such default, Beneffciary may at any ti�ne, either fn <br />-.�'.� � <br /> _�f � . � person, by agent, or by receiver to be appointed by a court, without notice <br /> �� •� � and without regard to the adequacy of any security for the indebtedness <br /> ' .,... hereby secured (a) enter upon arid take poseeesion of the Property or any part <br /> � thereof and ixz its own name eue for or otherwias collect auch renta, isaues ` <br /> .� and�pzofita, including thofle paat due and unpaid, -and.apply the same, lesa � <br /> � ' coete and expenees of operation and collectfen, including reasonable <br /> � - � � attorney's feea, upon any indebtedneea aeaured hereby and in auch order as . <br /> � � - IIen.�ficiary may determine; (b) lease the eame or any part thereof for auch <br /> � � � � rental, term and upon such cenditione as Beneficiary's judgment may dictate <br /> � or terminate or adjuat the terms and conditiona �of any exiating lease or <br /> � � � leaees. Unlees Truator and Beneficisry agree atherwise in vniting, any <br /> . apglicatioa of rents, feaues or profite to any indebtedness secured hereby <br />- - �.---�-� . - . -��� �hy12 not extea� ox postpaae the due date of the snetallment payments as ; <br /> .�.. <br /> ;�� � � . . � <br /> �� . -. � . <br /> � . . .. <br /> :�. . . • . <br />