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<br /> - azno��n.C� and with auch la�r� ��+�yabla CZ.d1LqElL�1 aa ah��i:l be sat�a.r�zau�c�rv to iitao " _
<br /> HaiirPiciax�yj ti�a� �.n �hr. r.ven� of 1a��, Banefi�l.ar� ia e��►ressly au'thari3erd
<br /> tm an�L•�.e or cc�mp�:omi�� �laim� u.x�dr�•r �a�.d po].i.a�.e� ana r.h� prncr�ec�u �thcrec�f
<br /> eha1� k�e peid tc� the Sen,eE3.a�.A�y wha rna�y a�p].y the at��ne ar �ny psrt thdreo�
<br /> - - os� thw in�ebte�ne�^ e�r�lt�Pt� hNrP.h3► nr. r.����ci t_hP YPCa�Ar.r��cr..r.c,n r�x x�p�f.r of
<br /> esid bui].ding� and im�rovemenGe dr releaee aama� to tha Truator; (e) to pe►y
<br /> any l�.en, cla:lrn or charge again�t �h� Pxnpext}► wh�.ch might take precedence _
<br /> -;-"� over the lien hereof; (t) �a pa,y� on demand aIl 1ega1 exp�nee�, tit�.e
<br /> eearchEr�, appraiaal or a��orneye° feed rea9c�nabl� incurred or pai.d by
<br /> Heneficiary ta colle�� the Nate or forealoae nr protie�t the l.ien o� thig De�d
<br /> ---- -- of Truet; (�) th�r, a.n the event Trustor aha].l fail Co com}a�.X with ttie _
<br /> � provieinne of (a) through (f) abpve, the Beneficiary may expend euch funda
<br /> - - and rake euch action ae ie neces�ary to retnedy euch failurP and all puma paid
<br /> , 1�y the B�nefi�iary pursuant hereto with intereeC at t.he -rate her�ir�aft�r
<br /> --=- pr�vided �hall Gonetitute a lien upon the Property, ehall be €�eaured by th3.s
<br /> De�d o� Trust, and aha].1 b� immediate].y due axid repaXable to the Benefici�ry;
<br /> _-- (h) not to ee11 the Property or any portion thereof; and ir� the event of any
<br /> -,
<br /> '- ° eale herein ��coli�.l�ire�, :.heri the enti�e indeb�edn�ss s�curod by tnig De�d of
<br /> -'—-�� Trust ahall, at the optian of the BeneEiGiary, become due and payatale; l3.)
<br /> -_��}�,.ae that if. the Prop�rty or any part ox- parcel thereof shall be tak�n vr damaged
<br />' :'"°-""�-='`�� under the nower of eminent domain, the award for any Fropertv eo fcdkell v�. °
<br /> ,��r::�;����� � damaged (including eeverance d�mages to the remaining premi.ses) shall be pa3.d -
<br />�=''`-����� to the B�neficiary and applied in ful]. or in ;?art at th� option of the
<br />:=`ah.�� Benef iciary in reductio� of the indebtedn�es hereby secured; (j) that the
<br />,A�;:.:, , _, , ', Benef iciary sha11 have the riqht to inepect the Property a� �uch reasoxiab3e
<br />_;�i�';�Yi��:•� ti.mea ae the Benefici�ry may desire �:o determine Truetor's compliance with - -
<br />-'��`�.:�;.,; �� the cnvEnante contained in thia Deed of Trust; (k) that tYxe Deneficiary may
<br />-;;'�`.:ti..�i,. " ; r�lease £rom the lien hereof any �aart or parcal of the Property wi�haut
<br />-_.',:tis::�:�;,�; Y'Ctitiii.i.iiy �I"iy CvIIia7..'�.a.?r'�..`.3Q: .~.::°Y'��3Z'� :II� :�: �..12�* �!'Y't2°��Y' i a 1 aurf��l l� RA�2P_CI
<br /> -� � � •��� ���i of said premises and Property in fee aimple, that the same are free from a11 —
<br /> °�--� ' : �•� liens and encumbrances except as may otherwiae be epecifically noted here�.n
<br />�>� or waa.ved in writing by the senefici.ary; that Truetar will execute or procure
<br /> r,. �`��. --
<br /> . . . ',��.;., any €urther necsesary aseurances of ti�le and does hereby warran� generally _
<br /> � . �6� . the tit].e to said Px�op�rty and will forever defend the eame againAt the _
<br /> - >� �{��' ; alaimo and decreande of a ll persons whomsoever, and that Trustor's separa�e ��-..-,
<br /> "��"`� M��� �` estate, wh�ther vested, con�ingent or in expectanay, ie hereby conveyed and F
<br /> .... F�. . , F•
<br /> . , , �y,�; , Trustnr does hereb�r expreesly waive, release a].1 rights and beneCits of any � -.�
<br /> � • �� homestead, dov�er, cuz-te9y, appraiaement, exemption and etay laws of thie -•
<br /> • � state. It ie agreed that the interest provided for in subsection (g) above
<br /> ehall be at the eame rate as specified in the Note secured hereby on the "-
<br /> '�' �� �M ! principal. thereof after default and maturi�y. �
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<br /> . ,.•�,. SECOND. In the event Truator, without the prior written conaent ot "�
<br /> "` � �� ` Benef�ciary, ahall sell, transfer or convey or cor.tract to aell, tr�nefer or .-
<br /> �''•� convey the Property, or any part thereof or any intereat therein, the entise �`'
<br /> �!;
<br /> ,n',,� balance of the i.ndebtednees hereby secured ehall become and be immediately -�
<br /> �:;� due and payable at the option of Beneficiary; provided, however, Beneficiary
<br /> � • .. may waive euch option to accelerate if., priar to such eale, tranafer ar �
<br /> � ` conveyancs or contract therefor, Beneficiary and the person to whom t�.e
<br /> � property ie to be sold or tranaferred reach an agreement in writing that the
<br />� credit of auch person is satisfactory to Beneficiaxy and that �he intereat
<br /> � payable on the euma securecl by this Deed of Truat skiall be at such rate ae
<br /> Bene£iciary ehall requeat.
<br /> ' � THIRD. That as further security for the payment of the Note and the i
<br /> . �� • indebtedneae thereby evidenced and the performance of all of tii� terma, ;
<br /> , covenante and conditions hereof, Trustor agreea that Beneficiary shall and i
<br />. � " . doee hereby have the right, power and authority during the continuance of
<br /> � thi� Deed o£ Trust to collect the rents, issues and pr.ofita of the Properr.y f� ,
<br /> � ;. , and of any peraonal property located ther�on with or with�ut taking
<br /> poeae,�eion of �he property affected thereby; and Trustor hereby abaolutely �
<br /> � and unconditionally aseigne all euch rents, isaues and �rofits to B�neficia- �
<br /> - ' ------ n��.,.Gt..i ...... L.�...s..e..� heveL.•• ..r.v.eer.Fe. hi. T..�••oH�r�o n�l 1 nnt i nr9 Attf� '
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<br />. ___-"___-_.—.... . j.Y• OGi3GliViOir� a�Vn�t�� � •�����1 vv��v����ai �.v ���vvYr .+ f.--.--�:
<br /> � retention of such renta, issuee and profite a� they accrue and become payable
<br /> � . so long ae Trustor io not at such time in defau].t with reepect to payment of �
<br /> any indebtedneen secured her�by or in the p�rformanc� of any agreement
<br /> �� � , hereunder. Upon any auch default, Beneficiary may at any time, either in
<br /> persan, by agent, or by receiver to be appointed by a court, without notice
<br />` and without r�yard to the adequacy of any aecurity for the indebtedness
<br /> hex•eby secured (a) enter upon and take poeaession of the Property or any part
<br /> ther�of and in iLs own name sue for or otherwise collect such rents, i.seues
<br /> �nd profite, including tho�e paet due and unpaid, and apply the aame, less
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