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_ .;r,�i�f,. .. . . � . . <br /> .i ' -- - -- . . .._._ .._.... . .. <br /> �_�..._.—-"—'�..�.__ � � -�i/., - = - :��:�`..�:�� _- -- --. <br /> � � • <br /> �';'i,�•� ' ?�' ��.�.��� ` <br /> S.tacN.�t�,�1 O��w.Trustor�holl����!�t�a,aas�ssnNnt�a�d otf�cho�s,G►tludinp,without Ifmitatior►,f im�ond im- <br /> positions attri6utob{�to Ph�Prc,p�rf�,c�a tws.t�otp�,r�nt�o�ac�,e r��,tf any,b�fon tf►e snrtio baeom�dtlinawnt.Trostor�hcH promp- _ <br /> tly fixniah ta 8�nafkiary all notkq of amounts dw asOn thl�parop►aph,and in th��vuit Trusta slail mak�paym�nt dinstty,Trustor slatl <br /> prpnpt�r lumish to d�ficiary ncsipts evidmckq cutfi pa�rmont�. Tnnta�II pay dl taxn ond�ss�ssmmta wlacb moy b�wvhd upon► <br /> iondklory'�Mt�r�st Mr�in or upon this ONd of Ttust wlthout t�por�to an�t labr that rtar b��aioct�d impos(ny p�Im�M of th�whoM a any <br /> po►t tMno!upon th��n�tklory. <br /> 6.�1�I LN��1�rM�et,i��!f�Aet�'�f�o�rtfy.Trustos sholl maic�ail por�nts of t�ntKfst ond ahieipat and po�tnwnis of ony <br /> othK chorqta,fNa and�xpmsa cantrochd to E�pold to an��xhtl�il�t�hoid�n a plat b�flcio�s und�t�pPio►d�d of trust o•r raor- • <br /> taape b�for�th�data thY an d�lhqwnt and pranyt�y poy a�d disehorq�cMr and ail otl+�H�ns,ebens a cl+orqs whtel►n+ay i�ardi:�th� <br /> iKwit�grant�d hKefn.If trosro�fdls to molc•any such paymMt or fdts fo pKiam anr of rM cor�nonrs and apr�Nn.nn camatn�d in rhis <br /> O�od of Tnnt,ar in any priw martqop�ar dnd af trust,of if amy attiart a procndinp is eotnrNrx�d whieh matviall�affattt B�ficbry's in- <br /> ...,._�._ t..r.�.,.._:..�...�..,� ,,,�,,,,�a tnvatrUn o dur�d�it.ot i!Trustor fails�to DoY <br /> t�«f�(111�1�/GQM1r�IIICIUft1110�D{17(IY�tuq�tou tv�mimmn v�+.wm��..rw�w. ♦.. �- <br /> Trosta'a d�bts pm�rall�as thty Mcanw dw,then Bemfitiary,as 8�r�fklary's option and withart ratka to a dNnard upon Trostor and <br /> without rd�as(rg Trosta f�om any o6tipotion h�r�und�r,may mokt tuch apqa►anca,disbus�:ueh wms,and tok�sucfr aeNun as ia necassay <br /> to prottct Bomfleiory's inte�est inciudlnp,but not limited to,disburs�mmt af nasonabN atton»►'s h�s•Po1►mMt�puch�•�ontsst or eam- <br /> promise of any encumixanc�,ehar�e or ti�n,ad entry upon ttN Prapefy to mak��epain.In th��vent that TrustcK sl�dl iail to procure in- <br /> surancs or to poy toxes,ass�ssmeMS,or any other charp�s or to mok�ary parments to�xistlnp aior Ilen hotders a Mnefkiari�s,Benefisiory <br /> mpy pra�xo such insuronte and make such payment.My amotx�b disbtxsed b�►8en�fleiory punuont to thia Paropraph 6 sholl be�ans odditional <br /> ind�btedness of Trustor secund 6y this O�ed of Trost.Such ortwunts shall be poyabk upon notie�fron►B�fkioryr to Trustor rpuestiig pay- <br /> ment thereof,and sh�il bear Interast from ths dote of disbur:enMnt ot ths rote po1►eDk trom time to tinK on ad:tanding principa!under the <br /> Note unless payment of irneroat at such rote would 6e eoMrary to appficabte law,in whkh ev�r►t such amourta sholl bsar trd�nst at the highest - <br /> r�te permissible under�pticabie law.Nothfng containsd in this Paoproph 6 aholl nqoire 6mtfkiory ro incur any expe�rst or take any acHon <br /> hereunder. <br /> 7.A���t d RMM.Beneficicry stall iwve the ripNt,powa and authoriry durirp the continuanc�of thls DNd of Trust to coll�ct the <br /> rents.iswes and profits of the Property ar►d of any persoral properly laated thereon with or wNhout takirq poss�ssion of the property affettod <br /> hereby,ond Trostor herebY absotutely and uncaditionoliy assipns all such�ents,issues and profits to&r�fkiary•&rNflciaryr.howev�r,her�bY <br /> consents to the Yrustor's coliactlon ond retentioa of such reat:,issuss and proflts as they acrue ond become payabfe so tap es Trustav is rat, <br /> at such time,in defauit with respect to paymerh of any indebtedness secured hereb�,or in the perfarnanu af any apre�rnmt Mreurder.Upon <br /> any such defoult,Beneficiary moy at any time,eithar fn person,by agent,a b�receiver to be appointed bp a cart,without notke and without <br /> �spard to she adQ�acy of any ssew(t�r fa the indeb�edness herobr secur�d. (e)ente�upon aid tok�possession of the PropMy a ony port <br /> tl�►•ot,and in ita own narne sue for or oMerwise collect such rents,issues and proflts,tneludinp those past due and unpaW,and opph►�he sans. <br /> Ioss costs a'�d expenses of operatIon ond collection,ineluding reosonable atto►rk�s fees,upon ony indebtedness s�eured hK�b�►,and in sueh <br /> ,or�dvr as BQneficiory mo�r determines(b)perfam weh octa of mpair a protectlan as mo�r bs rnc�ssary or proper to consKV�th�volue of th� . . <br /> Propertyr(�l��se the same or any part thereof for such reatol,term,ond upon such condBiom as ita(ud�nt moy dictat�a teiminote or ad- <br /> just the terms ond conditions of ody exist(np leose or leases:Unless T�stor ond Beneficiery aAre�otherwise i�writhp,ary application of reMs, <br /> issues a profits to any indebtedness securad hereby shol!not�xtend a postpone ths due dote of ths instalimmt paymer�ts as providad in said <br /> promissory note or change the,omount af such installmeMS.The entxinp upon and taking possession of the P�operty, the colleetian of such <br /> rents,issues and profits, and the applieatio�thereof as aforasaid, sholl not weive or cure any d�feult or notia of defauit Mnunder,or in• <br /> validate my act done pu�suent to such notke.Trosta oiso assipns to Ben�ficiory,as furth�r sau►iq for th�prrFarmona of th�obllpations <br /> s�cured ti�reby,ell prepnid rents and all monies whEch ma�have been ar may herecfter be ilreposited with soid Trostar b1r ary lesse�oi tM pro- <br /> pKty,to secure the poyment of o�y reM a damopes,and upon d�foult in the perfarmance of any of ths provisions hereof,TNStar opraes to <br /> d�ilv�r such rents and deposits to Benefieiary.Delivery of written notia ot Brneflciory's exKCis�of tM�ights prant�d h�nb,to any tenont oe- <br /> cuplrinp said premia�s sholl bei a�ffHckM to requiro said t�no�t to pap sofd nnt to ths Bmeficiory untll furtMr notiu. <br /> 8.Cs�i�fiM.If titk to any part of the Property slall be tdcm in condKnnution procledinps,by rlyht of�nt domoin a aimilar octiat, <br /> a shoil bs sotd unde+�thr�at o}eondemnotion,aii awards.damopn and proceeds ae herebr assipwd ond sheli b�paid'to 8cn�fklory who shaa <br /> opply wch awards,damoges ond prae�ds to ihe sum secured by this Deed of Trust,with ths�xnss,if ony,pdd,to Trosta.lf Tnrsta rouhr�s ' <br /> any notice or other ir�ornotion rrqordirg sueh actions or praeedinps, Trusta aho91 pive prompt written notice tMnof to bene#'itiary. <br /> Be�ficiary shall be eMitlsd,ot its option,to commence,oppar in and pros�cute in its own name any such oetion or p�uc�sdinps and shall be en• <br /> tif lad fo moke ony compromisenr settlen�ent tn connection with a�r such oction or proceedinps. <br /> 9. R�its NM Rxdwiri.�Ben�fkiary slioll be eMitled to entorco paymeM and pertorneaxe of any indebtedness a obtipations setured <br /> her�b�and to exercise cll elplits and powers u�id�r this Deed of Ynnt a urwla on�other o�reenwn9 executed in ca�neetbn Mr�wiM or cr�r bws <br /> now or Mreatter in torce,notwithstondin�some or oll of the surh fndebtedness and cblipatfons secured henby mo�i�ow or heropfter be"other- <br /> wise sec�xad,whethsr by mortqaps,deed of�trost,pledpe,lien,nsiqnmem or otherwise.Neithe►th�occeptonce of this D�ad of 7rust na its <br /> �9nfarcement wh�tAer b�r courf action or pursuant to the power of tole or other powers herein contained.shall pre(udice or in any mon�er aHect <br /> ' BMefic'wry'e�ipht to reuli:e upon or e�orce any other security now a hereafter heW by Beneficfary,it beinp epeed thot Ba+�eficlary shull be <br /> entitlad to enforce this Deed of Tru�f and nny other security nowa hereafter held by Benefkiary in such arder and ma�es it ma�r in its ab- � <br /> solute discretion determine.No romedy herein cor►#er�ed upon or roserved to B�neficiary is intended to ba exelusive of any other ren�ed�herein <br /> or by Iow provided or permitted,bW eah shnll 6e cumulatfve and shall be in addition to every other ran�edY qiven heret�er or now or het'eafter <br /> existlnp at low or in equity or by stotute.Every power or remedy provlded hereunder thie Deed of Trust to Beneflciory a to whkh it nwlr be <br /> othwwise eMifted,may be exerdsed,coneurrer�ly or fndeperedently,irom time to time and ea otten as moy b�Aesn�ed expadieM Beneficiory <br /> and it mc�r pursue inconsistont remedies.Nothinp haretn shatl be construed aa p►ohibitinp Benefiaiary from seelcinp o deflciency(udpment opainst <br /> the Trustor to the exteM such action is permitted by law. <br /> 10. Tr��of h+p:ho Au�tt�n•�f all or anr port of the praperty or any iMerest there(n is sotd,transferred or wrneyed by Trustor <br /> without eenefieiary's prior written coeseM,exeludinq(a)the creation of a Qen or encumbranc�subo►d'inate to this Oeed oi Trust,ib)the ueo- <br /> trm�n curehase mrmev se�uriw intvest for hou=ehold aa�liances. (c)a transfer by devis8,desceM a�y operotion of low upon the deoth of a <br /> �oint tenant or (d) the�rant of any leaaefiojd iMerost of three years or less not eonteinlnp an option to purchose, Beneftciory may, at <br /> Beneficiary's option,deelare all the sums secured by thia Deed of Trust to be immediately due and poycbte,or�ause the Trostee to flle o notice <br /> of default.Benafi�iary shall Fave waived such option to aaeterote if,p�Ior to the sole,transfer or condeyance,Be�eRci�r and the person to <br /> � whom the property is to be so�d or transferred reoch apreemeM in writfn8 that tNe uedit of such penon is setisfactory to Beneficiary ond thut <br /> the ir�erest poyoble on the sums securad b�thia Deed af Trust shdl b�m sah rate os eenefieiary:hall raquest. � <br />