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<br /> : ,� �.. ��rnticinry'S111t��E5!h.Mtitl(tr lM,h711 th�S lkRd 01 YiUS4 Wil!!lfitt f��0i'�SO C�iy la�r tt�at r�d�a��.zed�raspostrr�p�syr����af sisa wt�'a c�c�r;+ ,
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<br /> t ,�y; �+�!� L • �t����a. ���p�/ Trustor shn11 mcA;a al)payment�of intKast and pdr�cipnl a+d{aym�nts of c�y
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<br /> ----_;w�.�;r�+�.:_.�;�.� Gtilef Ci17N'Q109,�a�c;���;;�,�:.�;w.dPw.�4:9 tn C7 F^_'.9 to�ny exi�ting!'spnhe!ae��or 5�ci�ber�si;cicries arxfer a3y c��+ur 6ted�f trust ar nor� �
<br /> �-�>r�,� tpoQe betore the dat�they ore d�Qinqumt and prompl�Y PaY�+�iu��°°ny°^d all ather li�ns,tsalms or cPKr'pes whkh msy�apa'4ita the �=��- �
<br /> s���„��� sawity granted hs�ein.If Tras4a fails to martce ony such payment a fai�s to perfam nny of the cavenants ar�l ay�eamsMS conteined in this �.:-=y
<br /> -°-��=°�-=�i.�--- �esd ni Trust,a in any pria mortga4e or deed of tr�st,o�if any actlon a prae@ding is ca�r►xncnced wh�ch mnterlally aflects 8en�ficiory's in- �t,�:
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<br /> ����:a- . ;:��-' terost in thA Froperty,including,6ut not limited to,em�nent domain praendi�gs,or praeed�nps involnirp e dacendent,or if TrustoP fails to poy �i_�_T
<br /> '-��;��.:n�;,��ii Yrus4or's debn penerally as they bacume due,then Bonefician, a4 Beraficisxy's optl�n caid withou4 notice Su or dornand up9n TrusSor and �a��.
<br /> ��_.i'i:�r"� ;..•:�; witi•wut releesiny T�s4o�frorn an�oalipotion h=reundpr,may make such eppearances,disttuise suth sums,enA toke such afion us is i►ecessary ,�,`;�
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<br /> =_ � "�''•* �� to protect Benoficiary'S interest inctuding,but not limited to,Eisbursement of reosonable aitorney's fees,poyment,purchase,contest w corn•• ��
<br /> ; ��•'� r� ��� {xomise o�f ar�y encumArante.�h�rgo or lien, and entry upon tho Praperty to make repairs. �n the ovent tha4 Trustor shall fail to procu�e in- _
<br /> n'd�r" ' Surpnt9 0�40 pny toxes,assessments,or any otho�c horges or to m�ke any p o yments 4o exisYi n g prior lien holders or beneficiafie�,BaneiiciQry � �
<br /> '���,� .. .:.��• may proture such insurarsce and mnk�such payment.My omounts disba�ed by Beneficiury pursuant to this Paragrapl�6 shull betamo additional
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<br /> `.,. ,,,,,;�'�_� indE�tedness of Trustor secured by this Oaed of Trust.Such emounts shall bo paya�le upmn notico from Beneficiay to Trostat reQuesting pay- ��_.�
<br /> ' '=��' ment thereof,nnd�holl bear interest from tho dote of disbursemc�nt at 4he rate payahla hom time to time on outstanding p�incipal uader the `� :i�-
<br /> _ .�� , � ,� Noto unloss poyment of interest at such roto would be conirury to u-�fita'sla lc�,in k~httt+event s�ch amoonts shall bear intevest at the higNest %;;,,_,.
<br /> ` �' �ate ermissibte under applicable law.Nothing contained in this Paragraph 6 sha}I require Bene�ciary ta incur a�y expense ar tcke any action �� �'"_
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<br /> _ ,_. �.,::,�• 7.Asti�eet of Renti.B�eficiary shall have tha�ight,power nnd authority durinc�tho contin�wrtto 04 tiiis Deed of Trust to coftect tha _
<br /> �. ;,�� renYS,issues and profits of the Property and of ony personol Rroperty lotated thereon with w wifhout foking possession of the property afftttsd
<br /> ±o .� , , hereby,ond Trustor h�reby absolutely and uneondi4ionally oss+gns atl such ren4s,issues and profits to Beneficiary.Beneficiary,however,hereby ��
<br /> ,�.,�• cansents to the Trus4or's collection ond retention of such�ents,issues and profits os thay acaue and becortw puyable so loroc�os Trustor is not, „�
<br /> .� ..�'' ' ot such time,in default with respect to pnyment of any indebtedness secured he�eby,or in the perfom�anca of any agreement hereunder.Upon , .�'»•
<br />. °; ..�"' .�,ri j ony sucn defoult,Beiieficiary rtiay at any time,efiher in person,by ogent,or by receiver to be appointed by o court.without no?ite an6 withaut (� �"'
<br /> e_..a._: a�.� e I,�..��ecu�uarl Inl enter unnn and take Rossessi0n of iho Property or any pts�'t �� _-
<br /> — t f�O�A t0 tt19 aU@guQCy oi O�ly le�uiii� un um�nvcv.o�.^..^.:.....--.---- - •
<br /> � there�of,and in its own name sue for or otherwise cotlect such rents,issues and profits,including those post due and unpaid,aMl opply the some, � Y;
<br /> � • �•+' less tosts and expenses oi operotion and coiieciion,i�R�u�i�.�r�a'�!;an�r�".-f�es,��"-n:'inAp6tedness secwed hereby,and in such �r,s ,?�-
<br /> ' � order os Beneficiary may determine;(by perform such acts of repair or protection os mny be necessary or proper to conservo the vulue of the • <4',;�,�_.
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<br /> . + Properryr(cl leaso the same or ony part thereof for such rental,term,and u�+nn such conditions as its judgmont may dictate or terminate ored• '�iy���
<br /> " � .. �;. '�� just tl�e terms and conditions of any existing leose or leoses.Unless Trustor and 8eneflciary agree otherwiso in writing,any application of rents,
<br /> •� -= �i issues ar profits to cny indebtednass secured hereby shnll not extend or postpone the due dote of the installment payments as provide�in said _
<br /> �';�:"���`'._ .'.�•'�;, pr�missory note or change the nrt�ount of such i�stallments.T�e entering upon and taking possession of tha Property,tiae rollection of such ••:
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<br /> -.,;;;�,�.;. ,..;,; rents, issues and profits,and ths application thereof as aforesaid,shall not waivo or cura any default or notico of defau'It hcreunder,or in- �';
<br />-�:�•:. . .•.-��.,� validate any act done pursuant to surh notice.Trostor also assigns to Benef+ciary,as further security far the performance of the obligations -,
<br /> -- •'Yn�-�r�a� saured hereby,all prepaid rents ond utl manies which may have been or mav hereofter bo deposited with seid Trustor Dy uny lessee of the Rro-
<br /> '�,"��. ". ' '� perty,to secure the payment of any rent or domages,and upon default in the performence of any of the provisions hereof,Trustor agrees to
<br /> ,';i..; ' � � �� detiver such rents and deposits to$enuficiary.Delivery of written notice of Beneficiary's exercise of the rights grnnted heroia,to any tenunt oo-
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<br /> ,�,� ...,,:.�,t.:r. ; cupying said premises shall be suf3icient to require said tenon4 4o pay said rent to the Beneficiory until further notice. -
<br /> _;: .,r,,,,,;;:,�,�_w g,�nntion.If title to uny part of the Property shall be token in condomnation praeediags,by right of eminerrt domain or similar actian,
<br /> .���-.:•-•-�•r��.'::T;:. or sholl be sold under threat of condemnation,all awords,damages and procosds are hereby assigned and shall 6o peid to 6eneficiary who shall
<br /> 1" �_,• ':�u�-��;,, upply such awards,damages and proceeds to the sum secured by tfiis Qaed of Trust,with the excess,if any,paid.to Trostor.t�Trustor�eceives
<br /> ����' � � ' '�' ony notice or other information regarding such actions or proceedings, Trustor sholl give prompt written notice theraof to beneficia�y. ,
<br /> �I:i� . ' .�'�r�° Beneficiary shall be entitled,at its option,to cor�mence,appcar in and prosecute in its own name any such uction or procoEdings and shnll be on- �r:t
<br /> ��-,�r . .,?�;>�;j titled to make any comprqmise or settlement in connection with any such ation or praeedings. •
<br /> � "%�'�;i! 9. R�+nsdks Met Exctrstre.B�neficiary shull bQ entitled to enforce payment und performante of any indebtedness or obligations secured
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<br /> �,A 4 hereby and to exercise all rigMs and powers under this Deed of Trust or under any other agreement executed in wnnettion herewith or any aaws
<br /> '' now or h�reafter in force,nofivithstanding some ar all of the sach indebtedness arad obligations secured hereby may now or hereafter be o4her- �
<br /> ����t � '4 . wise secured,whether by mor�gage,deed of trust,pledge,lien,assignment or otherwise.Neither ihe acceptance of this Deed of Trust nor its �
<br /> ';;!�i;t°;, enfortement whether by sourt action or pursuant to the power of sale or othor powers herein contoined,slwll prejudice or in any manner pffect
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<br /> �r�. . ��a� Benoficiary's r+�ht to reali:o upon or enforco any other security now or her�ofter hold by Beneficiary,it beir�g agreed that Beneficiary shaU be
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<br /> entitlecl to enforce this Deed ai Trust and any other security now or hereafter held by Beneficiary in such order and manner os it mny in i�s ob-
<br /> � �. suiute discretian det2rmine.No remedy herein conferred upon or reserved to Bensf�tiary is intended to be extlusive of any other remedy herein
<br /> � ., or by law provided or permitted,but each shall he cumulative and shall bo in addition to every other romedy given hereunder or now or hereafter
<br /> • ' � existing at Inw ur in equity or by statute.Every power or remedy provide�hereunder this peed of Trust to Beneficiary or to which it may be
<br />- • � otheryriso entitled,moy be exercised, concurrently nr independently,from�ime to time and as often as mny bn deamed expedient�eneficiary
<br /> °. ond it may pursue inconsistant remedies.Mothing herein sholl be construed as�rohibiting aeneficiary from s�eking o defitie:�cy j�dgment s�goinst
<br /> " " �;� tho Trustar t�tho extent such actian is pertnitted by law.
<br /> ' 10. Tr�nn�t�r of P�o�er9�r; Ilcsurnp4��.If oll or ony part of tico property or any interes4 therein is sold,transfened or conveyed by Trostor
<br />_ - ' - �rithout 9onufitiary's prior written consent, excludin�(a)the a�eation of a lien ar encum6rance subardinato to this Deed of Trust,(b)the creo-
<br /> ° tion of a purchoscr monoy security interest for household aFpliances,(e)a transfer by deviss,dastent or by operatior+of law upon tho deu4h of o
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<br /> _..�---•____.�L.. r.. ...,.,...�;�„.�,�,t„u,*n nurchnsn. Beneficiarv mav. at I-
<br /> _----- joint tenant ar (d)tne granr oY arty iease4miu imcRni� a� ����i�..��.., �..�••-. ..•.......�-ti —•-.-•-- - �- �
<br />-- .. Beneficiary's option,decicre all the sums securcd by this Deed af Trost to bo immediotely due and payablo,or muse the Trustee to fitv a notice
<br /> � of default.Benofitiary sl�oll havo waiveA suth option to atcelorate if,prior to tho sale,transfer or convoysttce, Benefitiary nnd th�pers�n to
<br /> � . , wtiom th�property is 4o ba sold or 4ransfened�oth agroement in writinfl Thut tho aedit of such person is sotisfactory to Benefitiory and that i
<br /> '` the interest puyubta on tha sums secured by lhis Decd ofi Trust sha116e at such rote as Benaficiary sP�oll request. i ..
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