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<br /> keep the property free fram meahaniae or other iiena not ex-
<br /> , �� preesly subozdiaatod to the lien hereof= �o not make, sufter or
<br /> .. ' permit any nuieance tA oxist nor to diminish or impaix the value
<br /> " „ �� of the property by any aoti or omieeion to aatf and to aomply with
<br /> : � all requiremen�a af law wi4:h respeat to tho proporty.
<br /> g. �nsuran�ce. At all timee dur�ng the term hersof to
<br /> - .. . - proaure and =aaintaia poliaies o! all-riek "extended aoeerage" +.
<br /> � � _ � . ia8urance oa the property, in sums and uaderwritten by aompanioe „
<br /> � aaceptable to HBNBFICIARY, in an amouut at leaet equal to the
<br /> „ �� property's full ineurabl�+ valua, but aovez lese than the amouat
<br /> due undar the parties' Trust Deed Nate, whiah poliay shall aame
<br /> �BNSFICIARY as additional 3.neurede, with the proaeede payable ta
<br /> n the part3.es as their interes�s may appear hereunder. TRUSTOR „
<br /> �� � � agrees to provide B��IEFICIARY with aopiea of suah poliai.es or
<br /> ` � certifiaates of insuranae durinq the term ofr thia indebtedaesa,
<br /> ' ' whioh poliaies of insurance =aay not be aanaelled by said carsier
<br /> " � .. . without fifteen (1S) days prior written notiae to RBNSFICIA�3Y.
<br /> � _� -> TRUSTOR further agrees to Lqroau�re and maintain a einqle-limit
<br /> � � liability poliay in the suta af One Million Dollare, which polivy
<br /> ehall naiae SBNF3FICIARY as additional ineureds. Any applicatioa
<br /> , of praceeds to indebtedaees shall not extend or poatpone the due r,
<br /> " .,;,. date of any paymeats und�r the Noto, or aure any default
<br /> � ,�,,� thereunder oz hereunder.
<br /> '' :'.� 6. Condemnati.oa. In the event the property, or any part ,
<br /> ' �` thereof, shall be taken by ead.neat dcmain, Beneficiary ie enti- .•
<br />- ° � '?' tled to aollect and receive all aompensatiom whiah may be paid '
<br /> .. ' : �; � for any property talcen ar for damaqes zo prvpei y not t��n, and
<br /> �. Beneficiary ahall apply such aompeneation, at its option, eitBer ����,
<br /> � to a reduetion of the indebtedneao soaured hezeby or to repair �``
<br /> F:^*a�
<br /> "�� aad restore the property so taken. -�
<br /> _:��.
<br /> " �� � 7. �erform� ae bv Beneficiarv. Benefiaiary a�ayr but ehall '-e_
<br /> ,.. , ��.- �;. have no obliqation to, do aay aat which Truetcr has aqreed but �..
<br /> _ � • ;{}�;:,,�.r` failed to do, and Beneficiary may also do aay act it deems neces- =
<br /> ;, sary to protect the lien hereof. Truator agreea to repay, upoa �_
<br /> .. ,� demand, any eume so expended by Heneficiary for tbe above pur- __
<br /> - �� � poses, aad aay sum so expended by Beneficiary sha1L be added to �_
<br /> :';?�7,,;;��..;:.�;; .�.;�.�'� the indebtedness secured hereby aad beaome secured by the li.ea �
<br /> ��.�i;.�+���%'->� .�-��:� hereof. Heneficiary shall aot iaaur any pereonal liabiliLy bQ- �,
<br /> --- � cause of anything it may do or om�l.t to do hezeunder. �"`
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<br /> • � � �ti��� 8. Assig,�ent of Rente. Henefiaiary shall have the right, _
<br /> � � ��. po�ver and authority du�ing the aontinuanee of this Deed of Trast �-;
<br /> _ ' -� to aollect the reats, issue� and prof3.ts of the pzoperty and of �=
<br /> � � � � i aay pereoaa� pzoperty looated th�reon with or without taking pos- --
<br /> � ,.��:.��-
<br /> =::.°��.. "_..r� . se�aiou o� the �roger�y af feated hereby, and Trustar hnrcby ub�o- G=
<br /> � lutely and uacoaditionally aesigns all guch rents, issues and �`
<br /> .:� - ���
<br /> ,' profite t� Hetnefi.ciasy. Seaefiaiary, however, hereby aoneentec to
<br /> °<r' '� _ , Trustor's callection and retention of such rents, issues and
<br /> _ � profits as thep aaarue and become payable, so loaq aa Trustor ie .
<br /> �� � . not, at such time, in defauLt with zegpect to paymeat of any in-
<br /> � "° debtedne�� seaurc�d hereby, or in the perfanaanae of anY aqreement
<br /> hereundc�r. If any event af default desaribed hereafter in re-
<br /> ." epeat to this Deed of Trust shall have ocaurred and be aontiau-
<br /> ing, Beaefiaiary, as a matter of xight and without aotice to ,.
<br /> _ .. Trustor or anyone ala3.minq under Trustor, and without regard to
<br /> - � the value of the trust estate or the i.nterest of the Trustos
<br /> - � therein, shall have the riqht to apply to aay aourt havinq jurie-
<br /> . diction to appoint a reaeiver of the property. '
<br /> -� - - 9. InsAectiona. Seaefiaiary, or its aqenzs, reprenvui.n- -
<br /> - �� � . tives or workmen, are auttaorized to enter at any reasoaa191e time �
<br /> � ; � upon or in aay part of the property for the purpoae of inspeatinq
<br /> - � the Qame and for the purpose �f performinq any of the aats it ie
<br /> � authorizod to perfornt under the terms of any loaa instruments
<br /> . , executed by Trust�r.
<br /> ' 10. Tranafer of .Propexty. If all or any part of the prop-
<br /> '° erty or aay interest of T�rustor therein is sold, transferred or ,
<br /> - further eaawabered without the exprees or writtea consent of
<br /> �~ � Henefiaiary, Heaefic�.ary may, at i�e sole option, dealare all ,;
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