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<br /> 4. C.�iio�:�Gr..1:."�� .t (; .�,•r•,j,;:i'c��in(y�ro;i r�:;i:Ir i..:i r.N:'I nM r,oi�u„It c�r.cto nr��ctcut I��i;r•!turai4 nr{.r,it�lor:;tlr�n of�i..i P�opr.ity. �_,;•--
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<br /> 7. If the 8oirr,e�er fzl!a to:�)m�intcln ar pAy the ptimlurriq(m tho rrtquirod Ii�sura�z�o of the Prop�r4�,ur h)pny taixe.a bnfnre An!ln�uent,no c►PeY AnY
<br /> amuunt dun urwin�prfer mortr�eps oe truet dnod�sfon d�linquent,at dl mefineln tha('ropnrey In pood rr,pale,or al pedarm ony ol tha cawn�nt�m __
<br /> ay+eanionts o!th��T�uec Ocad,tlie��Len�fer moy et Ite aption�ey u�oh Insunnas pnmiumr,t�xe�,ma�4dap�or tru�t dad pnymenU,ar m�k�r+p+�rs
<br /> �nd dUbun�ouch sumy nnct tr+k�such uotlon as N d�emp nac�aai:Y to proteat It�intoreu without w�lvin�or e4feot�ng R�dpt�:ta dectera or daf�xdt _
<br /> and +�eoN���te th� d�bt aeeured hanby Uer,au�e o}any �uch fdlute ol the Borrow�r. Any�mounte so d3s6u��ed by ti�e L�rxl�r shrll con�titut•
<br /> addiUono!Indebtednese of Borrower secured by thfe Truat Decd nnd shal!beer intnreet frnm the date of dieburaement at tha►ets pey+bl�urd�r the
<br /> Not�. Nothfn�contdned in thla pareyrnpfi ri�a�l�6yulra L�n:.'cr tu io�'�c cn;�ccch dl^b�rrr.cmr.nte nr tnke Hny nction whataoevar.
<br /> 6. Lender mey make or ceura to ho mnde reasonnble entrlee upon and Inepeotlon ol the Property.
<br /> 9. 'The pence�da af any ewnrd or cleim for damnpee,direot or co�ieequentiel,In oonneotlon wcitf►eny condemnation or other taklnp o4 the Prope�ty.
<br /> or part theroof,or fcr conveyance in flau uf condamnaticn,o�e horeby asslpned and ehell be pebJ to Lender to the extewt of the tull arnount of the
<br /> ramt+InlnQ unpald Indentedneas eoaurad by t�le Truot Oeed.
<br /> 11 the Property ie abandoned by Borrowoa ur 4f,altor notico by londor to 6orrowor that the condomnor ottare to make un oward or settle e claim for __
<br /> d�m�pef,Hotrowe�tellr to responci to Len:ler withln 30 days attot tho deto such notice Ie mei�ed,I.ender Is authorized to colleat and apply the proaeads
<br /> to the eums nacm•ed by thlq Truft Deed.
<br /> Cornlemnatlon proceede or owarda shatl bo r,reditod to the last mncurinfl installmontx of tho indobtodness socured and shatl not oxoaed or postpone
<br /> tho due dete of the instollmo�te raferrod to fn pnreprnph�7 und 4 horeof or change tho omount of such installmenis.
<br /> 10. If the londer issues a partiel rolense of thls Trust Doed,tho praceed9 recelvad thorefor sholl bo aredlted to the last maiurinp Installments of tho
<br /> indcbtednoss 9acur�d here6y.
<br /> 11. If Le�der althe►voluninrily or Involuntnrily bacomus a party to o.ny suit or logul procooding rolatinp to the Propatty,Note or thie Tiust Deed,then
<br /> Bcrrower will relm6urse the Landor far o11 costs ond,to the extant pormitted by Invi,roasonable attornoy lees incurrad by the Londot resloUnp to suit _'---
<br /> or lepal proaoedings nnd sold sums shall r.onstituta odditional indabtodnose socurad 6y thla Yruet Doed a�d boar Interoet at tho rate payable under the =�___--
<br /> enr-
<br /> �iulo,untlt patd. -._
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<br /> 12. Aa addlttonul security 0ormwor dons horoby useign,trnnsfa►ond sot ovor to�anaor,m c890 oT noiaui�in ii�u p.,�7..����o�wo������:.. . ,
<br /> conditlons ot thls Truat Deed,the Note,nr tho torms of ony Indebtodnoss socurod heroby, all ot tha ront�, revenuea and any Income of any typo
<br /> whnteoevor to be derived trom the Propony,Includlnp Innd contrnot paymente. Lendar,in person,by agent or by roceivor, without regard to the _—
<br /> eolvenoy or In3olvonoy of tho Borrowe�ar tha valuo of tho Property,shnll be ontitled to tnko possoeslon of,ropair,rc+nt and manage tho Proporty ond
<br /> to collnnt tho rents,rovonues and incomo thoroitom nnd it may pay out o}sa!d incomo ell oxponsos of ropalr end ooats ineurred In renting and menaging
<br /> the Property and aolloctinc�rentals ond for paymont ot insuranao promiums with t�ny romoininp balnnce to bo appliod to the last maturing paY�rents
<br /> of the doht securod hereby. Upon prusantinp a capy of thls Trust Doed and domand to any lossoo,tanurst or eontraat purchasor ot the Proporty,suoh _
<br /> person shall pay aU ronts,paymonts and profits accrucd or thoronhor accruing to tho Londer until furthot notico from tho Londor. :�
<br /> 13. If nll or any part of the Proporry or any intoroat theteln�s tloetlotl,sold py iano conuaoi or ui��o�wise co��se�ed.a'��^��c��:!�'th".°•"•"-"!!+!'"'^r '
<br /> efthe�voluntanly orinvobmtarily without Londer's pdo►writton consont,or if tho Tmator Is a corporatloo and thero Is a ahanpe In ownorsh(p of 609G ,-
<br />- or more of the corporation's stock,or if tho Trustor is a pannerohlp nnd thoro is n ahnnge in tho mombership or a dissolution of the pertnership,
<br /> excludiny la) a transfer by oporotion of law upon tho donth of a Juint tonant or lbl tha pr�nt of any loasohold Interost not conmining an option to
<br /> purchaso with a le�so torm of two yearo o►loss,or(a)the oreution of tho purchaso monoy aocurity intoroat In housohold ayplioncos,then lender may.
<br /> et ita option,deciaro all sums sacurod by this Truet Doed to bo Immudiately due and Fayabtv. In the ovont tha Londer aonsents to any auch cfianfle
<br /> In ownershfp,control o►dissolution or tmnsfur of nll or uny pmt of the Property,thon Londer mny at ite optlon adjuet tho interost rnto to the prevaiiinfl =_;.
<br /> rate of Interest lhat is chargnd on now sewrod loaos of tho typo eacurnd by thfe Trust Dood at tho timo of tho chango in ownership,aontrol,diasolution `t?,*
<br /> of transter and may oharfle a tra�sfor foo. !�k—
<br /> 14. Upan Borrowoe's brnach o}ony aovannnt or e�roomant of Boirowor in this Truat Dood,Irecluding tha covenants to pey whan due sny aums yocured
<br /> by thte Tn�st DeQd,Landor at ite option may doclmo oll ot tho sums aocured by thls Trust Oood to ho�mmadiately duo nnd ppyablq without furthor __
<br /> demand and mey Invoku tho powor of solo nnd/or any other romadies ponnittod by applicable Inw inclu�ing thn right to foroatoae thfa Tror,t Daad in ���'
<br /> the manner provided by law for tho farnclusuro of mnrtpngas on ronl ostato. Londor ehall bo ontitlod to colloat all roasonablo coste and nxponsos
<br /> mcurrod In pursuinfl suoh romedlos includinp,but not limitod to,and to tho oxtont pormittod hy law,roasonablo attornoy feos. �� '=
<br /> �:_ --
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<br />- If the powor of sale is Invokod,Trustnc ahull rocord a notico ot dotault in uaah county in which thn Proparty or samo part thoraof is tocatod and proviAo �-_,-
<br /> notice thereof in tho mannor prosoribod by applionblo Inw. Aftpr tho lapso of sunh rlmo ao may bo rcqulrod by applicnblo law.Trustoa ehall givo publtc -
<br />_ notico ot solo to the porsans and in tha mnnnor prosoribad by oppliaablo law. Trustoo,or tho attornoy for tho Truatoo,without domand on Borrower,
<br /> shall soll tho Proporty ot publlc nuatlon to tho highost biddor nt tho tlme und ptaco and undor tho tsrme dosignatod fn tho notico ot salo in ono or moro _
<br /> patcels nrvl in suoh ordor os Tn�stuo may dotormino. Trustoo mny postpono snle ot all or any parcol of tho Proporty by publia onnouncomont at tho � ;�'.
<br />- timo nnd placo of��y provfously schodulad snlo. Landor or Londor's dosl��no may purchasa tho proparty at nny solo. �
<br /> Upon rocoipt ot paymont of tho prica bld,7'ruet�n ehall dolivar to[ho purchasor n Trusteo's Daod,without worranty,convoying tha Proparty eold. Tho -
<br />- reaitals in tho TrusWe's Doed shall bo prima tucio ovidonao of tho t►uth of tho etatemants madu thorain. Trustoo shall supply tho procoode of tho ealo
<br /> in ihe followinp ordor: al to oll rousonablo cost�und oxponsoa of tho enlo,including,but not limitad�o,Truetao'e foos of not moro than Fivo Hundrod
<br /> and No1100 IS500.001 plus 1/2 ot 1°,b of tho amount socurod horoby nnd remalninp urpnid, and coste ot titlo ovldonco;GI to nll sums socurod by this
<br /> Trust Ocvd;and c)tho oxoo�s,it uny,to tho porson or porsons lopally ontltlod thorato. •
<br />� 15. Any forbonranco by Londor In oxarclslnp ony right or romody horoundor, or othorwisa offordod by appliaablo low,shall not bo a waiv�r of or
<br /> prec:ude tho exorclse of any euoh rlght or romady in the event ot continufnfl or futuro broachos by tho Borrowo�.
<br />- 16.All toinedio�provldad In thla Trust Dood nro distinot and cumuletivu to nny othor right or romody undar this Trust Oood or uffordod by law or.oqufty,
<br /> andmay bo oxorcisod ooncurrontly,indepondontly or suconseivoly. If Borrower hae givon Lo�dor a ahattol m¢rtgago,or socurity agr�emont on porsonul
<br />= propotty ny additionr�l sacurity for t�o dubt sucurod horaby,fn tho ovont of dofnulY harounder or thornundor,Landor ehall havo tho rigl�i and option to
<br />- tirst forocloso on snld pureonal proporty without pro�udico to itA riglY to thoroaftor soll or foroaloso tho Proporry or tu pursuo oll security at tho samo
<br />° timo or to pursuo thv porsonal propo►ty aftor tho sola or foroclosuro of tho Proporty.
<br /> 17. Upon peymc�nt of all oums socurod by this Trust Doad,londor ehnll royuast Trustao to roconvoy tho Proporry and ahall surrondor thie Trust Doed
<br />= and all�ota3 evtd�.^.�!.^.a Indabtudnoes socurod by thfs Trust Dood to Truatno. Trustoo shatl rnconvoy tho P►oporty without warrnnty ta tho poreon or
<br /> pereons lupally anUtlad thoroto. Such porson or porsona ahall pny oll oosts of rocordntion, i(uny.
<br /> i ..
<br />= 18. I.onder,at Londor's option, mny trom tlmo ta timo►omovo Truetoo and appoint u auocosflor trustoo to any Truytoo nppolntod horoundor by un I
<br />- fnsirumant raeordod In tho County In which thle Truet Dood is rocordad. Wlthout conveynnco of tho Proporty,tho suouossor tnietoo sholl succaod to
<br />= dll tiQe,pownr nnd duUos conforrod upon tho Trunton huroin und by appltoablo luw. �
<br /> � 19.Fxcopt for nny noticos,domands,roquosts or othur communfcatlons roqulrod undor applicablu Itiw to bn gwon in nnofhor mannor,whonovor Londar, `
<br /> Borrowor or 1'ru�too �ivos or sorvoa any nntico llnoludlnp, withou4 Ifmltation, notico oi dofault nnd notico of salol, dumende, roquoxte or othor f
<br />`y commu�fcotion with rospoct ro thie Truut Dood,000h suoh notico,damnnd,roquost or othor communication sheU ba in writing und sha�l bo of}octivo �
<br /> nnly if tho a�mo io dalivorod by porsonnl sorvico or mafled by cartiti�d mnll,poetc�go prapaid,rahirn ronaipt roquostad,addrossod to tho oddross as sot
<br /> - forth ot tho hoAinninp of tho Tnist Dood. A r.opy ot any notiao of dofault,nny notica of salo, raquirod or pormittod to bo givon horaundor, sholl ha I
<br />-- mnilad to onah porson who is a purty horoto nt tho�ddroso cot forth ot tho beglnning of thls 7ruot Doad. Any pnrty may at nny timo chunqo its eddruss
<br /> ? for auah noticos by dolivorinp or malting to thc othor partlos hmoto,as atorosald,o notir,o of auch ohonflo. Any notico horoundor s•h�ll bo dnomod to
<br />� h7vo to hoon givon to fiorrawor or Londor,whon 4ivon m tho mannor doelgnntod horoln.
<br /> ' �� 20.Tho covanants and agroomonte horoin contalnod sholl bind,und tho righte horounder ehall Inuro to tho raopootivu hoirs,ropronontotivos,suocossors
<br />'° �nd assic�no of tho purtfos. All covonants and aproomonts of tho Borrowar ah:�ll bo�ofnt nnd sovorel. Whonovor roforonco In mado ro tho sm�ular i
<br /> -° horoundcr,it ehall inciudo tho plurnl and tho plumi sholl Includo tho sfngul�a I
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