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<br /> S.'oa�ca,wassss��,�:���•T�=�%�''��;="•-�==,"=-°`-"""'t"`^A ather eharaes.includinp,without limitution,flnes ond im• •� -;;_
<br /> posftions attributabfe to 1hc Property,and leosehold payments or graued rer�s,it amr,before the sane become delinquent.Trustor shall promp• --;, -'`-- ;;- -V "�� -
<br /> tly tumish ro 8eneficiary aU notices of amoants due ua8er this pttraQroph, cnd in the event Trusta shail moke payment direttly,Trostor shall '-��
<br /> promptly tumish to 8enefictary receipts evtdentiny such po�me�+ts. Trosta siail po�a0 taxes ond assessmcnts which moY be�evFed�pon
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<br /> 8ene41c}ary's iMerest heroin or upon this Oeed o}Trust without reporE to an�law thot may bs enacted imposinp poyment of the whote ar any `,�� _
<br /> parf thereot upon tha Ba�eflciary. ° "
<br /> � „ 6 q�;;�����-�o}L�;�af�r��m�t�:rh�,Trustor shoil md�e alf Ewyinents of IMSrest oad printiput art�payments of any �i�
<br /> other chnrgea,fees orrd expenses contrated to be paid to any ezistinp lienhold�►s or pr(or benefteiariss utder anr prtor deed of trost a mot- �
<br /> , , tgnge befae the date they ore delinquent and promptly poy and diuharqe any and oll other fiens,claims a charges which moy ieoperdise the �
<br /> "• •� security granted herein.If Trustor fails to moke c�y suth papnent or fails to perform an�of the toverants and agraemerns tontainod in this '--
<br /> Deed oi T�ust,or in any prior mortgoge or deed of trust,of if any ottion o�praeedirg is eommeneed which materially offetts 8eneficiary's in• �:
<br /> " terest in the Propert�r, inciuding,but not limited to,eminent 6�main praeedings,or praeedings involvtn9 a decendent,or if Trostor fails to pny •—
<br /> � " Trustor's dabts ganerolly as tfiey become due,then Benefiacry,at Beoefictory's option and without notke ta or demand upon Trustor and „ �e�
<br /> without releosing TNStor from any obligation hereunder,moy mnke s�uch oppemanees,disbune sueh aums,und take such action as is oecessary ,
<br /> , to protect Beneficiary's interest including,but not limited to,disbursemeM of rensonable attomey's fees,poyme�,purchase,coMest or com• �,, �,
<br /> �- • promise of any encumbrance,charge or lien, end entry upon the Property to make repain.le the event thot Trustor ahall fait to procure in-
<br /> • suro+xe or to Qay taxes,assessments,or any other chorqes a to make any payments te existing prlor Uen hotden or beneficimies,Beneflcinry , � � .
<br /> may proeure sueh insuranee and make sueh poyment.My arreounts disburaed br Beneiietary pwsuaM to 4his Paragmph 6 shall betome additionol
<br /> "" indebtedness of Trustor secured by this Deed of Trost. Such amouMs shall be poyable upon rtotfce irom Beneflctary to Tnntor requesting poy L�
<br /> ment thereof,ond shuil bear i�erest from the date oi disbursertent at ihe rate payobfe from tireta to time ot+outstcrtding print+pal under the . .. ' a,
<br /> Note unless poyment of interest at such rcto would be conlrary to cpplicoble law,i�which event such omounts shati bear intersst ct the highest ., � ., '"�=
<br /> ' rate permissibte under opp►icabte taw. Nothing contuined in this Paragroph 6 sholl require Qenafitiary to intur any expenso or take any actian - „°�,
<br /> ' . hereunder. ," .
<br /> " 7.Asti�nnitM of RtM�. Beneficiary shol! hove the right,power ond authority during the continuonce of this Qeed of Trost to tollect the , �'-?
<br /> rents,issues and profits of the Property and of any personol property located thereon with or without taking possessian af the property affected , •. "�
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<br /> ,. .. .' hereby,and Trustor hereby absolutely end unconditionally ossigns cll such rents,issues and Droflts to Benefitiary.Beneflciary,howerer,hereby r;, ��
<br /> :' :,� consents to the Trustor i collection and retention of suth rents,issues and profits as theq accrue and become po�able so long as Tnntor is not, .��
<br /> . • at such time,in default with respect to poyment of ony lydebtedness secured hereby,or in the performance of any agreemeM hereunder.Upon
<br /> �• ony such default,Beneficiary may at any time,either in person,by agent,w by reeeiver to be oppoiMed by a eourt,wi4hout notiee and without
<br /> •• repard to the adequvcy of any security for the lndebtedness hereby secured, (a1 enter upon and roke possession of the Property or eny part � .� '
<br /> . tnereof,ard in its own nome sue for or oii�erwise ta1leti wch:e:sts,is;t�c+�d pro'ils,isxlydltsg!l�se�s!Que mtd!�iei,�nd mQIY the same. ' —_ _
<br /> � less costs artd expenses of operation and collettion,including reasor�oble attomeys fees, upon any indebtedness secured hereby,end In suth
<br /> order as&+rteficiary may determine: (b)perform such acts af repair a proteetion as may be necessnry or proper to conserve the ralue of the ��� '�cy '�
<br /> - Property:tc)leose the same or any port thereof for such re�ol,term,and upon such conditions as its iudgment moy dkrote or terminote or ad- - . �, ., :
<br /> ' just the terms and canditions of any existing lease ar�eases.Unless T�ustor artd Beneficiory agree othervrise in writing,any applicatfon of rerns, ;�
<br /> �..;•��` issues or profits to any indebtedness secured hereby shdl not vxtend or postpone the due dote of the iastellmem pa�►merns as provided in soid �'��!�•
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<br /> � • . promissory note or cha�ge the omount of sueh instaltments.The entering upon and toking possesslon of the Ptoperty, the collectto�of such ��� �. �'
<br /> ' rents, issues and profits,and the application thereof as ofaresaid, shell not waive or cure any default or notice of default hereunder,or in- � s
<br /> - volidote ony at done pursuant to such notice.Trustor olso assigns!o Bene�cbry,as further seturity for the performance of the obllgations "`'' '
<br /> secured hereby,all prepoid rents and all morties vrhkh may have heen or mny hereafter be deposited with a�ld Trustor b�ony lessee of the Pro- :_ �
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<br /> ' perty,to secure the poyment of any�ent or domages, and upon defoult in the performarce of any of the provisions hereof,Trusta agrees to , ��
<br /> � „ � deliver suth►ents and deposits to Beneficiory.Detivery of written notice of Beoefieiary's exercise of the rlghts granted heretn,to eny te�nt a-
<br /> cupying so(d premises shall be suffider�t to require seid tenaet to poy said�ent to the 8ene�tiary urrtil further notite. ,-.
<br /> ° " ., g,Conl�;ian.lf title to any part of the P�operty shatl be taken in condemnntion proceedings,by right of emineM domoin or similar action, . :' ����;�i:_,�=.
<br /> or sholl be sold under threot of cendemnation,afl awards,damoges and praeeds are hereby assigned ond shall be peid to 8enefieiary who shall ., .�.:;�.;,,���,.
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<br /> - " � w opply such awords,demoges and praeeds to the sum secured by this Deed of Trust,with the extess,if orqr,pald.to Tntstor.If Trustor receives ����;
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<br /> .ti,, any notice or other informatioa regerding such actions or praeedinps, T�ustor shall give prompt written notiee thereof to beneficiary. -�.�.�.
<br /> �� .*_+ Ber�eficiary shall be eMitled,et its option,to cammencQ,oppeor in aRd prosecute I�its own name ony such uction or praeedings aad shnll be en- �T��
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<br /> :"'��-� �� titled to mcke ony compromise or settlement irt connectlon vwith arry s�xh action or proceedings. �... 4r. .,;.:���`
<br /> 9. Re�i Not l�xtiustv�. eeneficiary shol�be entitled to er�one payrnent and perfamance of any indebtedness or obligmions secured „ _
<br /> - � • � hereby and to exercise oll�ights and powers under this Oeed of Trost or under any other egreemern executed in connection irerewith or eny laws - _=- _`-=�-�;-.—_
<br />- now or hereafter in fo�ce,notwithstonding some or all of the such indebtedness and obligations secured hereby may now or hereaiter be other-
<br /> � � wise secured,whether by mortgege,deed of trust,pledge,lien,assignment or otherwise.Neither the aaeptance o�th3s Oeed of Trust nor Its ..,,.,, ,
<br /> enforcement whather by court action or pursucM to the power of sale or other powers fierein contained,shall preivdite or in any manner affect �
<br /> � ;� � Beneficiary's right to reolize upon or enforce any other aecurity now or hereafter held by Beneficiary, it being agreed thot Beneficiar�►shal!be ., .
<br /> entit�ed to eeforce this Deed of Tnrst and any other security now a hereofter held by 8eneficiary in such order and manner as it moy in its ab-
<br /> • solute distretion determine.No remedy herein conferred upon or reserved to Bene�iciary is ir►tended to be exclusive of any other remedy herein ;' •
<br />�,, � or by law provided or permitted,but eoch shoU be cumutctive and sholl be in addition to every other remedy given hereunder or now or hereaf'ter
<br /> existing at low or in equity or by statute.Every power or remedy provlded hereunder this Deed of Trust to Benefitiery or to which it may be
<br /> � otherwise entitled,me�be exercised,concuneMly or indepertdent�y,from time to time and es often as moy be deemed expedieM 8eneficiary ,
<br />_, ond it may pursue inconsistant remedies.Nothing herein shell be constrved us prohibiting Beneficiary from seeking o deficienry iudgment against ,
<br /> =- the Trusfor to the exteM such action is permitted by luw. ,.
<br /> - " " ' 10. Trond�r of Peopertyt Ns�nnAtion•��all or ony part af the property or any interest therein is Sold,t►ansfeRed or conveyed by Trustor ��
<br />,�,� ' �. without 8eneficiory's prior written consent,exctuding (a►the creotion of a lien or encumbronce su6ordinate to this Deed of Trost,(b)the creo-
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<br /> - " joint tonont or (dl the grant of eny Ieasehold iMerest of three yenrs a less not tontaining an option to purchase, 8eneficiary mey, at � '
<br /> ° Benoficieryr's option, declare alt the sums secu�ed by this Dcred of Trust to ba immediately due and payable,or ceuse the T►ustee to fite a notice
<br /> ' � of default.Benefic'bry shall heve waived such option to aeceterote if,pria to the sate,tronsfer a eonveyance,Bene�ficiary ond the person to ,
<br /> - � " whom the propert�r is to be sold or trensferred reach agreement in�yriting that the credit of such penon is satisfacrory to Beneficinry end that
<br /> .i= the interest payoble on the sums secured by this Deed of Trust sholl be at such mte as 8enefitiory shnll request. ;
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