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<br /> �nd�ntrficiwy i�(nwr�d. �s thrtr ra�paativw lntsra�t m�v apt�u �d��av'�fi+theQ thsr�siirll t� �►o c�r+r�Nstku� or
<br /> • -•"•�' `�i�"--; 1riil�ifICHYI01� S(ti{i11AUt,fi9;�a3t i��f cta��b{�s�1+vr vtnc�ac� *�+�t�;{cnt►nrz sc� 7riie�tc�r�anci lterxtf�lery, I�l ttru+�wnk arn1 P�y „ _
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<br /> h�r+�und�rr ts not rrr�wsd an or bofore fift�n(1 bi d�y�p�lor ta It��xp�retfon o�ee,'e ruo{w vr p.,ro�;•�•�r ;;�«r r-•�.� -
<br /> �uah 6v,eur�nee (n.accrMdanG� witlry the�pravlalone of Parf�raph'7. Sruatar �hall d�llv�r tn��1► � ��:.
<br /> __ —;�"� p�I1cINa� nP int.urt�ncm and renovaaS�tharmraf or capi�s of aur,h�aotl�le� md r�naw�l� theraof, Faiiuru#u furniah �ucri _
<br /> - insurenC�by Ttu�ta�,ar ranewets a� required hMraund«r, �ha�l, ai the aption Qf�nafi�{ar5r, canytituto�r'�►f�u9t, I4��
<br /> ` �--- unoemad pramiuma eru h�raby aeslyned tc►Truet�e es�ddl8an�l�e�uriC/, and a aats�nd c�nv�y+�n�w at ths Pro�w►rtK �
<br /> . ____ by the Ttuetae shall op�te3d ta canvay to the purchaAer the Tr�atar's Intarart In and to di poilci��f�rsaur4ncr u�n
<br /> � � tha Trust F'ropart�l. . .
<br /> ------------ 6. 1`aucys w�!A�Na�nsnts, T`uator sheil pay ell taxe� and specla! asaeerm+ents levted or u�e►e�NCi�Qain�t, or
<br /> - du�x upon,the Pdoper4y ho#ora��llnquoncy and wlll dalfvar t�BeneflclQry cnplag of receipts showing peyrnan3�f�ush
<br /> � te�xe�end spectet nssessments.
<br /> � = 8.. AddiWm�l Uarss. Truet�r ahail makA all pnym�nts,rif intereat enci.prinofpal,and paymente of an�;other cherpae,
<br /> - fee9, end expansea contract�sd ta is9 paiii to any exi�tfnp Ile�n holders or prlor Deneficierles under any prior Daad o�J
<br /> ,----�w,-� Trtaa2,l:a�K;a!^r pthar gg�ti:��iv A�Fpnment, beture tho date 4he�are del(nquent and to pay eny oth�r clelm which
<br /> "-�'=-���= Je�rparr!lzes the security granted her�ein. � ---
<br /> :_T:��� 7: �rot�cti�as of B�nnfld�ry's 5sau�ity. Should Tr�ata7 feil ta�make eny payment,fa61 2a da� xny e�ci ae herain __
<br /> -_,_ ___�,:,�� pP�vi�;��cr;i o.�,�cti�r.q�p�►QS��dIn�!s commAnced wt�ish mst�:rdol]y affects Ber.oflclar�'�InYUrest in 8hs pro�grty, ,
<br /> ---- Irtcludi.nQ, but no 1lmitetf t¢�, �minent cdomafn. InsolvenCy, arran�emen� or pracaedings involving a benicii+pY. or
<br /> ���i4� � ,. dec��l�pt,th�n C�n�4tclary e�r�'�rustee,but withaut obili��tlan to do so,�nd wlZh��t notice to or domend upon Truetor, • __—
<br />--�::s�'. r•` end witl�pi�x rgt�paing '�rustor irom any ohliga2lon horaunder, may maka ar do the sema. and mey psy, pu�ahasa,
<br /> �'3°�'�>` conteat or coresmromise endy enaumbra��,»,:chargo or ilen, which U the Judga►nerR of oin;:i���r`sppeera to affeot eaid -
<br /> .?.��"y'{�,���'s Property;ln ex.�r2i�Mg anV such powors.47�a`Beneficlery a�rTrustee 9'nay incur e Ilebiflty a�d eiepend whatever emourets, ;�__
<br /> -��•�°�� ' Incfuding dl&irursemants of re�soa�abte sttdrney's fea:4, yuhEch in their absolute discretion may be neceasary. In ihe ____-
<br /> � � x�' ......., ;�;�, r;.,;,,e.r.. �h�� c�l� t„ �mr_.u►a (nR►�ranr.A; fsiil tn Qt31l..tesct3s nnd sp�ciAl essessments or fell to meke any .:-
<br /> ''+?-'-'��':� ��:�A�*C?A OYIq1�[�o n�nr�nr Ilon holders or heneficfarlo9,th�Ben�lci�rv ma�_pracura such ensuranca end moke ss�Rh "3"'"-.
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<br /> r,.5,•;; ,, ,� paYmer►ts. Mtl sur�a incur�ed or expendad�by Boneficiery or 4ru�stQe ir��ca�rdance with tho �ravisPons of the Deeti'm'� . _
<br /> ;;`;�;;i;t." Trust are securscl h�er9by and,without demand,shall be immedia�ie9��dup and pAyoble by Trustor and ahel! b�ar fntaroe{c =
<br /> ,.;�,�.�?��;�►;'.�� .>,; at the rete ptovided 4ar edvences under the Loan Agreoment; pravidad,howovr�r,that n4 Yhe opiian o�th�►Benaflcicary ��. ;
<br /> U,:;;,�} :;� ; or Trusteo,such sums may ba added to this principel balbnce of any indebtednoss so�ured �ereby and ahall bear Yh@ �"��"
<br /> ,. „�,�.,,,��,� ,, eame Interest es such fndnbtedness end shall bo payebio rata6fy over the remeining term thereo4.
<br />_-;�:��_,.; : 8. Asstgnment of Rents. 8e�aficiery ehe11 heve the Nght,power and authority during tha continuence ot this Deed �
<br />- --�;R�•����� . of Trust to cnilect the renta,Issues end profits af the PropBrty end of eny pbvsor�el property loceted thereson with or a
<br /> - -".:���'� without taking pos�osslr�n nf t6�a Property eflect6d fiereby,•end Truatnr hereby absoluYefy end unconditionelly esstgn� �T�;
<br /> ,- - �• „ e{I such rents,issuos end proflte to Beneficiary. Benoftciary, however,hereby consents to the Trustor's collecilon and r-.,r.
<br />°'�:�:' .'.:.�:a;,�'• retentlon of such�ents,issues end profita as they accrua end becoene p�+yablo so long es Trustor fa not,at such time, �;�;;
<br />-�'''�=;�=�=�=,.` In default witl9 respect to payment o4 any I�debtedness secured heroby or in the performereco of any egreemAnt
<br /> �" "� by agent or by e recelver ta ba
<br /> ?�' hereunder. Upon eny such default, Beneficlary mey at eny tfine, either In person, •.•
<br /> _ "''� o�pointad by e court,without notice and without regard to the adequacy of eny security fwr the indehtedness hereby
<br />-;� � "r�` '�'`� seaured: le) entor upon and take possession of the Property or enyr part thereaf end in ite own namo sua for or •
<br /> n.a;,_ ....
<br /> •• �� ��� othorwiso coltect such re�te,issu�a� and profite, including thase past duo and unpefd, en epply the sorne� ess costs
<br /> �"�''�- �� end expenses of operatlon.and colloction,including reasonable ettomey fees,upon any Indabtednass secured hereby
<br />" " - ' • end In such order es Beneficiary may determino: (b) porform such acts of rapoir or protectlon as may be rtecessary or ��
<br /> _ '� proper ta consenra the valuo o!the Property:lc)Ivese the seme or eny part hereof for such rental term and upnn such
<br /> ���'`' ' - ;';;�� conditions es fts�udgmont mey dictete. Unless Trus4or end Beneficlary agree otherwise in writing, any applir.etfon of .,
<br /> rente,Issues or profits to eny Indebtednosa eecured har�by shall not extend or postpone the due date of the insteliment
<br /> � '" , poymenta as pravided fa the Laan Agreement, and the application thereof es aforesratd �hall not walve or cure eny
<br /> � ' defeult or netieo of defauit hereunder or Invelfdete eny act done pursuant Yo such notico. Trustor el�o essigns to
<br />• ' • Boneflcit�ry, es further sacurity for the performance of the obligetions secured he�eby.all prepaid rent3 and all monios
<br /> � - wMch may have been or mey hereafter be deposlted with said T�ustor by eny leasee of the Property,Zo socure the
<br /> � . payanant of any rent, enci upon default in the pertormanco of eny of the provisions hereof, Trustor agr�as to deliver
<br /> � ' . euch rcrnts end dopositc to the 6ene41ciery. Delivery of written notice of Beneficiery's exo��lse o'f the Ngh4s granted
<br /> herein to any tenant occupying said premfses shail be sufficfent to roqulre sefd ten�nt to pay sald rent to thfl
<br /> � Berseficiary until further rootice. . �
<br /> �, ,. 9. Conde�nnatlon. If titie to eny pert of ti�s Rroperty shell be taken fn condumnntfon proceedings, by right of
<br /> � •� � emfnent domain or simller ection, or shell be sold under thPeat of condemnetlon, att ewards,demeges and proceeds
<br /> � ere horoby es�igned end shell bo pnid to Beneflciary uuho shall epply such a�verd,dameges and proceeds tq the sums
<br /> • ' socured by tl�e Doed of Truat, with tho axcoss. if any, peld to the Trustor.
<br /> 1�. Futrro Advanaes. The Loan Agreement providas for advoncus from timo to time to Trustor by Beneficlery
<br />- .....ta���.a.e�.. In n�1dltLnn unnn rcnuact nf Truntnr.�nnflcintv.at 8eneflClt3tv'�3 ODtIoII. arior 4o roconveVence
<br /> . __ ._____ w p�v�•avv ...v.�.... .. _ -
<br /> of 4he Proporty to tha Tru,tor,�may malco udditfonal futura edvances to tho Trustor. 5uch future advdncos, with f
<br /> " ' interest theraon,shall be cecureal by this Deed of Truat when evtdonced by promifisory notes ateting that safd notes
<br /> . �� aro secured h�Pe'ny; provided that et no timo shoil tho sacu�ed �rincipel end futuro advances, not Including sums
<br /> � advancad to protoct the security, exceed ono hundred percent i100;o) of the originb! principal emounts aecured �
<br /> '' � iter�`�y. �
<br /> 91. RernAdiea Cumula23ye. AU �emedies provided in this Des�of Trust are distinct and cumulative to eny other ;
<br /> ' rtght or remec7y c�ndor tM:� [leod of Truat or offorded by law or equity, and mey be oxercised concurrently, i
<br /> � - independontiy a•r successiveJy. i
<br /> 72. Aecefara2loR; EtemadiQS;Sele. A default shell oxist 3n the event of: fi '
<br /> �, fA) Any fraud or misrupresentatlon by tho Trustor in connection wtth the Ifne of crodit which tht��Daeil•otYrust i
<br /> secures; '
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