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<br /> I4. INSURANCE. Truotor, at do expcnao,�•�ill momtain w1h mouroro approv..d by Bonofciary, inaurancn vnth ro�per,l to tho , � •
<br /> � Improvornonto nnd paroonal proportv,conctitufinp Iho ProporYy,npainat lo�n by fuo,liflhininfl,larnado,and othor ponl�ond hwardo i
<br /> c000rod by ctnndnrA oxtcndcd covnrnpo ondoraomont,m nn amoun►oqual to al I�n�t ono hundred porcont o}tho full ropl�cornont '
<br /> vaiva thoroof and Inour�nco npa�nat auch othor hez,arda and in euch amount3 a�is cactomanly ccrriad by ownero nnd operotoro o} � �,y y� f
<br /> efmdnr propartl�a o►aa Donaficlary mey roqul►o for do protaction.Trustor vnll compty wrth ouch othor roqwroments ee Beneticipry mey i ����
<br /> irom time to tlme requs3t tor tho Frotaetlon by maumnce of tho Intereeto ot lho respoctfvo pnd[ee.AII meurnnce polia�a melntetfnad ��
<br /> purauant lo this Dead of Trust shall namo Truator ond Benofiaiary aa Inauroda,no thov►eopechva interoote may eppear,nnd provtde i
<br /> thet th�n shall bo no cancwilation or modifi�stlon without no leas tttan 16 daya pnor wniten not�calion to Truatee and Benaflciary.In �,. �:��
<br /> � the evenl any policy hereunder ts not renewed on or before 16 days prior to its expiratton deto,Tructee or Boneficlary may procure I
<br /> cuch in�uranco i�accordanco t>ilh tho provtaiono of poraQraph A.0 hercof.Tructor chnll dolivor to Bonoficfnry tho oripinnl polieise o! �,T,y
<br /> inaurnnc�nnd nn�wals thereof or memo coplee of such policies and renswale thereof.Failure to lurniah such insuranco by Trustor, , . .�t ¢,
<br /> or renewala ae required hereunder sheil,nt the option of Bene�ciary,conatitute a de}auit. i �+R����
<br /> &. TAXES,A83ES8MENTS AND CHARQES.Truator ehall pny ell texes,nsaessmento and other chargoa,including,without � �„t
<br /> limitatfon,fines and impasitions attributeble to lhe Proporty, and leaaehold pnymente or ground rente, H any, beforo the snme
<br /> become delinquent Trustor shsll promplly furnish to Beneficiary nll noNces of amountu�due under this paragraph,end in the ovent
<br /> Truaror ehall make payment directly.Trustor shaq promplly}umish to Bonefieiary rewipts evidencing sach paymente.Trustor shNl ,�'�.
<br /> pay all texos and asseasmonta which may be levied upon Beneficiary'o(nterest hore'in or upon this Ooed o1 Truat wlthout regerd to '^!
<br /> any Iaw that may 6e enacted imposinQ payment o}tho whole or any part thereof upon Ihe BeneReiary. ' "�11e
<br /> 8. AODITIONAL I.lEN3 AND PROTECTION OF BENEFICIARY'3 3ECUfiITY.Trustor shall mnlco nll payments of interest and � '
<br /> principal and payments of any other charges, tees end expensea contractod to be pnfd to any existing lion holdero or prior
<br /> beneficlariea under any prior deod of trust or mortgage bofore the date they are delinquent and prompty pay nnd discharee nny nnd ,_'�
<br /> ail other tians,claima or charpeB whfch may jeopardize the security grantod herein.It Trustor fnils to mnke eny auch payment or faile �•
<br /> to pertorm any of the covenants and npreemente contefned in this Deod of Trust,or in any prior mort�nge or deed af truat,or i1 any '
<br /> nctlon or proceedinp Is commenced which materlalty e8ects Beneficlary'n Interest in tho Property,including,but not iimited lo, ` •'���`'= °
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<br /> ominent domain proceedinge,or proceedings Invohdng a decedent,or if Trustor fails to pay Trustor'o debto peneralty es they become ..,.�,,��
<br /> due,then Benoficiary,at Beneficiary's opt:on end without notico to or demend upon T►ustor and witfiout relensing Trustor ftom any -• F•
<br /> oblfgation hereunder, may mnko such nppoarances, disburso such sums end tako euch action as is necossary to protect „
<br /> Beneficiary's interos� mcluding, but not limited to, disbursement o1 rensonnble nttomey'o fees, pnyment, purchese, conteat or � _�
<br /> compromiso ot any encumbranco,charflo or Gen, nnd entry upon the Proporty to mako repairs.In the ovent that Trustor ehall fail to ��
<br /> procure insuranco or to pay tex.�s,assessments,or nny other chargea or ro make nny paymerate to any existinp prior lien holders or , =_
<br /> benefieleriea,Beneficiary may prxuro euch ineurance and make such paymont Any smounta disbursed by Boneficinry pursuant to ' �y-.—
<br /> this Pnregraph A.8 ehell become addittonnl indebtedness of Trustor secured by this Doed of Truat. Such amounte shnll b�payabk ���d¢ �
<br /> upon notice hom Beneficiar�to Trustar requesting payment thoreof,and shall beer interest from the date oi disbursement et the 'a��.
<br /> rate paynble hom tfine to time on outstanding principal urtder ihe Note unlesa payment of interest at such rete would be contrnry to �• +«-
<br /> npplicable law, in which event auch amounte ahail bear interest at the highost rnte permissfble under applicable Inw.Nothinp "`!�
<br /> contained in t1Js Parapmph A.8 shall require Beneficiary to incur nny oxpense or tnke any aetion hereunder. +��-�
<br /> 8. IT IS MUTUALLY AGREED THAT: ' *�'
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<br /> t. ASSIGNMENT OF RENTS.Benoficfary sha�hnve tho right,power end authorrty during the continuanco of thie Oaed of Trust ��r� �" , ,
<br /> !o colivct tho ronts,iseues and profits of Ihe Proporty and of any personal proporty locatod thereon wdh or wdhout takinp poaaeaafon � i
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<br /> of the property aNected horeby,and Truator horeby absolutely and unconditionalty aeaipns all such rente, iseuBe nnd profde to ..:;.�
<br /> Beneficiery.Benoficinry,however,horeby eonaente to the Truslor'e co�leMion and retention ol auch rente,issues and profite as they ;<•:.�� :
<br /> accrue and become peyable so long as Trustor is noG nt euch time,in defeult wAh respect to payment of any indebtednese securod ' �
<br /> I ' .It 1''W::
<br /> � hereby,or in the performance of nny ngreement hereunder.Upon any euch dofault,Beneficiary may at any timv,either in person,by ;.
<br /> agent, or by a receiver to be appofnted by a court, wdhout notice nnd without regard to the adequacy of any securiry for the ,��
<br /> indebtednoss hareby secured,(a)enter upon end tako possesaion of the Proporry or any pnrt thereof,end tn ita own name eue(or or
<br /> otherwis�collect ouch rente,iseues end profde,fncluding thoso past due and unpaid,and appty the eamo,less coata and expenses •,;�,}
<br /> of operntion nnd collection,Ineluding reaeonablo attorneye tees, upon any indebtednese eocured hereby,and in euch order ae
<br /> Boneficlery mny datermme;@)perform euch ncts of repair or protection as mny be neceseary or proper to conserve lhe veNo ot the ,
<br /> Properiy;(c)lease the same or eny part thereof for such rental,tenn,nnd upon auch condiUona as its�udgment may dictate or
<br /> tetminate,or ndjuet tho terma and wndrtbne of existinp leasea.Unlesa Trustor ttnd Benaficiary thereof ngroo othervrise in writing, „�;�`�+-
<br /> any appGcation of renta, issues or profits to any indebtednesa secured horeby shall not extend or postpono tho duo dale of the I ,
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<br /> inetallment payments na providod in cnid promis,ory noto or chanpo tho emount of such instalimente.The entering upon and i. , ,;,i
<br /> takinp possoesion of the Propetty,the collection of ouch rento,issueo and profite,and the npptiention thereof ae ataresaid,ehall not �
<br /> wnfve or cure any detault or notice of defauft hereunder or invalidate any nct d�ne pureuant Fo such notice.Trustor also essigne to I �` ••'
<br /> ; Beneficiary,as furthor cecurAy for the pedormance of the ob6gationa secured heruby,ali prepaid rente and all momes which may � �,:.. �•i
<br /> heve been or may herocftor be depoaded wilh sad Tmotor by any lessee o1 tho Property,to seaure the payment of any rent or i f+5+��(
<br /> damnges,or upon defautt�n the performance of nny ot the provis�ono horeoi.Trustor agrees to deliver auch rents and deposite to
<br /> Beneficiery.Delivery of wrrtton notice of Boneficiary'o oxercise of tho nghto grantod horem,to any tonant occupying ecfd promisos i , �.•.:,�Y�
<br /> shell be sulficiont to require said tenant to pay rent to the Beneficinry untii furtl�er notice. w,,
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<br /> 2. CONOEMNATION.If title to any pnrt of tho Property shall be tCken in condomnsUOn proceodmgs,by nght of ominent damam � �' �
<br /> or similar action,or shall be sold under threat oi candemnation,ali awerde,dameges snd procseds are horoby nseigned nnd shall be ,�
<br /> paid to Benefle�nry who shall eppty such awards,damageo and proceodo to the eum cocurod by this Doed ot Trus4 with the excesa,
<br /> if eny, paid to Truotor.If Truator recoivee arsy notico or othor intormation rogardinfl such aetione or proeoodings,Trustor shali give ,�,
<br /> prompt writton notice theroof lo Benoficiary. Beneficlary shall be entitlod,at its option, to commence,appoar in and prosecute in ite • �
<br /> own nama nny such nction or proceedmge and shall be entdled to mnko uny compromfse or eotlloment in connoction wRh any uuch
<br /> , i nction or procomdinga. •
<br /> � � 3. FUTURE ADVANCES.Upon request of 7rustor,Benefidary at Boneficiuy's optian,prior to reconvoyence of the Property to .
<br /> ( Truator,may mnke futuro advancoo to Tructor. 3uch tuturo advancoss,wdh intorosl thoroon, shall bo�ocurod by Ihia Trust Oood
<br /> whon ovidoneod by promissory notoa otnbng that aaid notou c+ro cocurod horoby;prov�dod that ett no Ume shall tho secured pnnapai. .I
<br /> tuturo ndvnncos,not mcluding suma advancod to proted tho secunty,oxcoed Two Nundrod porcont(20096)ot the onginal principal
<br /> � amounte cecured horoby. • A��
<br /> � 4. REMEDIES NOT EXCLI�SIVE. Trutstae ond Bonoficmry, and oach of tham,shall bo ontRlod to onforco paymont and .
<br /> � porformanco of any indobtednose or obligatians socurad horaby and to oxercise ali nghls nnd pov��ro undor this Doet9 0l Truct or :�
<br /> - { under any other npreomont oxocutoa�n eonnaaion norowrtn or nny�awo no�v or horoenor m torw,nonvrch3tnncung soma or an ot tno � -
<br /> � sucfi fndobtodnoso and obl�gndono cacurod huroby mny now or horonftor bo othc�rwfso socurod,vihathor by mortgngo.d�od ot trust.
<br /> I pledpe,lion,ascignmont or othervnse. Nadhor iho accoptance of this Daed of Trust nor dcs onforcement whethor by court cct�on or ;�
<br /> pureuant to the power of oale or other powere horem contaned,ctNall prt�udico or in any mnnnor nifoct Tructao'o or Bonotiaery'o
<br /> i right to roalizo upon or onforco any othor cocunty now or horeaftor hold by Truateo or BonoUeituy, d bomg egrood that Truotoo and
<br /> ' Bonefiacvy, end oach of them,ehnll bo entAlod to onfarco th��Deod of Trust and cny othvr cocurrry now or horoafter hold by i
<br /> • Beneficmry or Truoteo m ouch order and mannot as they or edhor o}them may�n Ihe�r nbaolutu disaotion dotorrnmo. No rometly �
<br /> horoin contorred upon or rocurvod to Trustoo or Beno6anry is intendod to bo exclusivo of eny other romody horom or by law •
<br /> • p•ov�do�or permittod, but oach uhall bo cumulatnro and shall bo in addAwn to ovory othor romody grvon horounder or now or
<br /> horenftor oxisting nt Inw or in uquAy or by atatute. Evory powor or romady provided horoundor this Doed of Truat to Tructoo or
<br /> BeneftCmry or to whiCh otthur of lhom may ba otherwise ontdlod,mny be oxorcisod,concurrontry or mdopondonty. Irom timo to timo
<br /> and no oRo��aa mny bo doemod oxpedient by Truatoo or Bonehcmry end adhor of tfiom may pureuo mconsistent romed�s�.Nothinp '
<br /> hvrein ohnll be conctrued ns proh�bding BoneSaary lrom seeku�g a dohaoncy�udgme�t cgamat tho Truator to the oxtent euch nct�on
<br /> i�porm�led by law.
<br /> aoro�+nakaL�a oo�s�o �
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