,._ . �_.-_.-.-R.-... ._ _.. _
<br /> ' - _.�__�__���"-j_—.`._.. _.. �-
<br /> '� •,�.��,.�_,��,�.�:.e . - � .. ., _..._....�� _—-
<br /> ... ....
<br /> ' -� :,�t�:.. •�•• - : .
<br /> � ,.. � .. �.—._�
<br /> _, ...._��__._�__Y�----�----_.�;_::�:.na-�r�nr�rs.A-a��r,s-��;w�s�..=�- --- ---- - -
<br /> __.-...
<br /> — -- , �-- .. �_ � _ . ._. __ __ _. -- -
<br /> ....+_ --
<br /> „_ ,_.:.,y .�,rs�.o.#,.:�_•��-----..___. _�,.�.
<br /> -.-..��---- -
<br /> .�.z.�-,�-_ - - __ - -- _�- -
<br /> ,,M�.,�,s.ar ------- ___
<br /> ��u.t —
<br /> r .v «, .. ":t � � �J� ������� . o s�R�.�.=-
<br /> c ( �{ /�, -r 1... 1 .�...,�..,.�.r ... ] �r /
<br /> . 7. 4��_.�.7p L...-..._.. .^�/�.�l':._.��_7����J��a7:lt..�I v�l��l�'QCS.JJi V}...i...���,.�11J�.���r/11�..����'.1`..J(lll:,l.�ii.3���IIIl.:J1���i'�4 VII._.��IIJC...1�...���.�� i
<br /> �� . . ....
<br />- r"l'.. ♦. i.._.._...
<br /> � , .. � Rasiticns afBriCutn_�r!c!e ttM nrc�*ty,n±►�fM,srhnkV�nynknts w o�ax�d r�nti,if a�y,boia��r 9hs sGtr,e h,�cW��+d�;�►;rrs;;i.'h'�u.;.�cr s�,.,11 F�a,,,�� ---
<br /> .,.�� .,.
<br /> :;_„ .���i"*��-. tly(urnish to 8on�e}kla�oll noticos of ama�ts du�und�r this porograph.�in ttN avent'�rustcr st�ull maba�aym+M di��Ktiy,Tfusrar stiaii
<br /> -"�"�"�' "��;'•'� promptly furnish to B+n�fkio►y r�aipts �v'idancir�such paym�nt�.T�ustor e}r�11 p�y oll tax�s ond ossess+n�+►ts wF+ich mc�r l»Iw�t1 vpo�+
<br /> :.''--��U=_+�,�; B�n�fkian;'s IntQnst herRin or upon this Q�rd o�'Prust witt�out r�pard 4o dny!ow that moy bt enat�d imposinp p�tt"�t of't!w wlwf�er ony
<br />�..w.,:.;;��:s�r•�ar�'" p�rt th�r.of upon tM Ber�fkbry.
<br /> ._ ., . ....._. .:. • ,,,...___ �_.. _ � Tru�tof sf�il mc�ic�oll payrns+tts of interost and ajntfpal and pa�m�ts of aiy __.
<br /> �. �- ��-, . :, b.�...._.,.�L..a c..�?;,.'=:!!-�H!!---!!.!�+e�'"�tl. �- -
<br /> Tz'�r'�,rY�.
<br /> ..�,�,� other chor��,f�s med exp�r�sas controct�d io b�poid ta ony existkg li�r�IdKS o�prior b�rwfkiori�s undK any prla dwd o trust a'mor-
<br /> ��"�` :. � � tpape befiora the date ih�y ae delinquent and prornptly pay and discha►p�a►y and oll otl� Il�ns,c{akns a c�orp�n which me+1►iaPab+x�N�
<br /> ' ��y�" � � security p�r�nted harein. if Trustor fafls to mok�ony such paymmt or falls 4o pe►form any nf fFN covanonts ond agart�ents eaMairMd in this
<br /> '��'��'�'' peed of T►ust,or in any prior mortgoge or de�l of trust,of if ony action a prafeding is corrxn�+x�d which matKially aff�cts��'iciary's ln-
<br /> - . 'U,�r .. - S
<br /> _ .' �:•:•,�-=. 4erest in tF►e Property,including,but not limited to,eminent domain proceedinps,a proceedi��ps ineolvinp o decundant,or if Yrt�stx fails to pey
<br /> •` .Y Trostor's dabts g�ncrauy as�hay bet:nme due,theo Henefieiary, at @e+wflc'rory's option nnd without notice to or demand upon Trustor and
<br /> ,. . . without releosing Trustor from nny obligation h�reunEer,may moke such oppeorantes,disburse such sums,ond toke such action a�is�ecessory
<br /> . ' ' �:° tu protest Beneficiary's intxrest includinp,but not limited to,disburst ��cf reasawbk attornoy's fees,payment,purchos�, contest nr com- _
<br /> � . .. •• •�� pramise a f any encu m t x a n c e,c h o r g e o r l i e n, a�d e n t r y u�n t h e P r o p e r t Y t o m a k e r e p o i r s. In the event thut Trustor sholl{nil to praure in-
<br /> � � surnnce or to pay toxes,ossessmants,or ony other chargss or to make any payments to existing prior lien holders a benefic�ies,�e+�fitiary
<br /> �''-� ��"' ti;' may praure such insurance and make such poyment.Any omounis disbursed by Bene�ciary prxsuant to fhis Po►aqroph b shall betoma additiono�
<br />•–- . � �.`: —
<br /> indebtedness of Trustor secured by this Ueed of Trust.Sucl�umounts shall be payable upon notice from Beneficiory to Trustor requesting poy-
<br /> ' ' � ment thereaf,and shall 6ear interest from the da4e oi disbursenent at the rate payablo frcm tima to tir�e:�on outsten�ir��rarxipnl under the ____
<br /> " ' Note unless poyment of interest at such rate would be coMrary to applicable law,in which event such amovnts stall beor interestot the higheat
<br /> .; ,.__ . rate permissiblo under opplicable law. Nothing contained in this Paragraph 6 shall require Beneficiory to i�xur any expense or fdco ony oction L J
<br /> ti... ,,,ao. —
<br /> - �7 As:i�n�M o}RMti.Beneficiary shall have the right, po�rer and authority during tho cuntinuo�ce ot tnis ueetl ot uusr to couact tne
<br /> �� ' rents,issues ond profits of the Property and of ony personal property located thereon with or without toking possession ot thepraperty affetted
<br /> ',�= hereby,and Trust�r hereby absolutely and unconditionally ossigns all such rents,issues and profits to Beneficiary.Beneficinry, however,herebY
<br /> •... �;�`- . cnn5ents to thP T�uctor's collection and retention of such rents,isxues and profits as they accrue and betome payoble so lonp as Trusta is not, .�
<br /> " � � • at such time,in default with respect to puyment of any indebtedness secured hereby,or in ihe perforrrtance of any agreement iiereurKlrr.U�+��
<br /> � any such default, Barteficiary may at nny time,either in person,by agent,or by reteiver to be appointed by a court,without notke and wifhout
<br /> regard to ttie adequacy o4 any security for the indebtedness hereby secured, (a)enter uFon and tcic�possession of the Property w onY port
<br /> . ��--• -..-�--- ' ,a• �o � ��p a�i��,mid;a�d ouoly the some.
<br /> � thereof,and in iss own name sue for or oPherwise couCbl DUNI/C��=i•�S�v��s��ssfilo,ir.:3s,,.tr.�tlso��!d __n_ ,.. a -
<br /> • less costs and expenses of operation und collection,including reasonable ottorneys 4ees,upon ony indebtedness secur�d hereby, and in such
<br /> . . � order as Beneficiary may determine; (b1 perform such acts of repair or protetlion os may ba netsssary or proper to tonserve fhe value of tho
<br />�,: .,..
<br /> Property; (c)lease the same or any port thereof for such rental,term,and upon such con�itions as its judgment ma►dictate ar terminate or ad-
<br /> � just the terms ond conditions of any existing leoso or leases.Unless Trustor and Beneficiary agree otherwise in writing,a�y applitction of rents,
<br /> • '� issues or profits t�uny indebtedness secured hereby sholl not oxtend or postpone the dua date of the ir,stallment payments os provided in snid
<br /> • promissory note or change the amount ot such installments. The entering upon and taking possessioa of the Properfy, the eollection of such
<br />, ;' rents,issues and profits, ond the application thereof ns aforesoid, shall not waive or cure any default or notice of default t�ereunder, or in- _
<br /> • validate any oct done pursuont to such notice.Trustor alsa ossigns to 8eneficiary, os furthnr security for the performante of the obligations
<br /> secured hereby, all prepaid rents and all monies which may have been or may hereafter be depositetl with said Trustor by any lessee of the Pro- _
<br /> ' perty,to secure the payment of any rent or dorroges, and upon defauls in the performance of any of the pruvisions hereof,7rustor agrees to _v
<br /> �� � deliver such rents and deposits to Beneficiary.Oelivery of written notice of Beneficiary's exercise of the rights gronted herein, toany tenont oc- _ o
<br /> cupying said promises shall be sufficient to requae so�d tenant to pay said rent to the Beneficiary uMil further notice. 6„__
<br /> 8,Conr�wn�tion.If title to any port of the Property shall be taken in condemnotion proceedings,by rigfit of eminsnt domain orsimilar attion, �.r:-:
<br /> or shall be sold under threat of condemnatian,oll owards,dumagos and proceeds ure hereby ussigned and shall be puid to Benefitiary who shall �
<br /> " apply such awords,damages and proceeds to the sum sc►cured by this Deed of Trust,wifh the excess,i4 ony,paid.to Trustor.lf Trustor receives -�'��
<br /> any notice or other information regording such actions or praceedings, Trustor shall give prompt written notite thereof to beneficiary. - •
<br /> ' Beneficiary shall be entitled,ot its option,to commence,appear in ar.d prosecute in its own nome ony suth oction or procesdings and sholl be en- ,
<br /> titled to make ony compromise or settlement in connettion with ony such action or proceedings. ``�
<br /> 9. Remedles Not Exelutlre. Beneficiary shall be entitled to enforce payment and performance of ony indebtedness or obligations secured
<br /> ' � - hereby and to exercise all rights and powers under this Oeed of Trust or under any other agreement executed in tonnection horewith ar ony laws
<br /> now or hereafter in force,notwithstanding some or all uf the such indebtedness and obligotions secured hereby may now o-hereoftet be other-
<br /> wise secured.whether by mortgage,deed of trust,pledge, lien,assignment or otherwise.Neither the acceptance of this Deed of Trost nor its
<br /> enforcement whether by court oction or pursuant to the power of sale or other powers herein contained, shall prejudice or in any manner affect
<br /> Beneficiary's right to realize upon or enforce any other security now or hereafter held by Beneficiary,it being agreed that Beneficiary shall be
<br /> enritled to enforce this Deed of Trust and nny ather security now or hereafter held by Beneficiary in such order ond manner as it may in its ob-
<br /> solute d�scretion determinp.No remedy herein conferred upon or reserved to Benoficiory is intended to be extlusive of any otherremedy herein
<br /> or by law provided or permitted,but each shall be cumulative ond shall be in addition to every other remody given hereunder or now or horeofter
<br /> existing a+t low or in equity or by statute.Every power or remedy provided hereunder this Deed of Trust to Ber.efitiary or to which it may be
<br /> otherwise entitled,may be exercised,concurrently or independently, fram time to time and os often as may be deemed expedient Benefitiary
<br /> and it may pursue inconsistont remedies.Nothing herein shall be construed as prohibiting 8eneficiary from seeking a deficienty judgment against
<br />- � the Trustor to tho extent such octian is permitied by low. I
<br /> 10. T�ansier of Property;Assumptton.If all or any part of the property or any intttrest therein is sold,transferred or conveyed by Trustor
<br /> without Beneficiary's prior written consent, excluding (o)the treation of a lien or encumbrance subordinate to this Oeed of Trust, (b)the trea- 1
<br /> ' _._ ' . . . .. � . .. . .....,'_''•'_"' i'�''___'[_'�..J�..:... d...�en�n.►,,,.,.,nmtinn nf Inu�unnn thp Atath of a �.
<br /> --- - �--- I
<br /> tion ot a purtnase money secunTy�me�es��vr iNUneiw�u upFmuiaea.���v nv.�.,�c.�i��.�+..,��•��•••-• -r-r-•-••-• - - -.- r ,
<br /> jo�nt tenant or (dl the gront of any leasehold interest of three years or less not containing an option to purchase, Benefitiary may, at I
<br /> I Boneficiary's option,declare all the sums secured by this Deed of Trust to be immedioteiy due and poyable,or cause the Trusteeto file a notice ;
<br /> of dofault.Beneficiory sholl have wa�ved suchaptian to accelerote if, prior to the sale,fransfer or conveyonce, Beneficiary and the person to
<br />��� vrhom the property is to be sald or transferred�eath agreement in writing that the tredit of such persan is satisfattory to Benefitiary and that i
<br /> the inferest poyable on the sums secured by this Deed o�Trust shnll be at such rate os Beneficiary shall requnst. .
<br />;,
<br />' ,
<br />�•
<br /> i�•. .
<br />;' .
<br /> I'
<br />,�
<br /> � ---
<br />
|