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<br />I <br /> <br />88_101953 <br /> <br />20. Assignment of Rent.; Appointment of Receiver; Lender In Possession, As additional security hereunder, Borrower <br />hereby assigns to Lender the rents of the Property, provided that Borrower shall, prior to acceleration under paragraph 18 <br />hereof or abandonment of the Property, have the right to collect and retain such rents as they become due and payable. <br />Upon acceleration under paragraph 18 hereof or abandonment of the property, Lender, in person, by agent or by judicially <br />appointed receiver, shall be entitled to enter upon, take possession of and manage the Property and to collect the rents of the <br />Property including those past due. All rents collected by Lender of the receiver shall be applied first to payment of the costs of <br />management of the Property and collection of rents, including, but not limited to, reciever's fee's, premiums on receiver's <br />bonds and reasonable attorney's fees, and then to the sums secured by this Deed of Trust. Lender and the receiver shall be <br />liable to account only for those rents actually received. <br />21. Future Advances. Upon r~quest of Borrower, Lender, at Lender's option, prior to full reconveyance of the Property by <br />Trustee to Borrower, may make Future Advances to Borrower. Such Future Advances, with interest thereon, shall be secured <br />by this Deed of Trust when evidenced by promissory notes stating that said notes are secured hereby. At no time shall the <br />principal amountofthe indebtedness secured by this Deed of Trust, not including sums advanced~n accordance herewith to <br />protect the security of this Deed of Trust, exceed the original amount of the Note plus US $ - - . <br />22. Reconveyance. Upon payment of all sums secured by this Deed 01 Trust, Lender shall reQuestTrustee to reconvey the <br />Property and shall surrender this Deed of Trust and all notes eVidencing indebtedness secured by this Deed of Trust to <br />Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons legally entitled <br />thereto. Such person or persons shall pay aU costs of recordation, if any. <br />23. Substitute Trustee. Lender, at Lender's option, may from time to time remove Trustee and appoint a successor trustee <br />to any Trustee appointed hereunder by an instrument recorded in the county in which this Oeed of Trust is recorded. Without <br />conveyance of the Property, the successor trustee shall succeed to all the litle, power and duties conferred upon the Trustee <br />herein and by applicable law. <br />24. Requeat for Notices. Borrower requests that copies of the notice of delault and notice of sale be sent to Borrower's <br />address which is the Property Address. <br /> <br />IN WITNESS WHEREOF, BORROWER has executed this Deed of Trust. <br /> <br />'<1~ ./. ~;. <br /> <br />Joh~ L. ~jo Borrow., <br /> <br />,J;l L~ ~, ~Lu.~ <br />Gloria J. Tre ~ow.. & <br /> <br /> <br />identic~.lsOn(s) <br />. ',( A~ voluntary act and deed <br />Witness my hand and notarial seal at <br />date aforesaid. <br /> <br />, to me known to be the <br />to the foregoing instrument and acknowledged the execution thereof to be <br /> <br />in said county, the <br /> <br /> <br />~1II'Ml'f."'I'" ..... <br />MARILYN J. WETH <br />IIr Cotalll Exp. july 15,1988 <br /> <br />maAf.J/ld <br /> <br />My Commission expires: <br /> <br />REQUEST FOR RECONVEYANCE <br /> <br />TO TRUSTEE: <br /> <br />The undersigned is the holder of the note or notes secured by this Deed of Trust. Said note or notes, together with all other <br />indebtedness secured by this Deed of Trust. have been paid in full. You are hereby directed to cancel said note or notes and <br />the Deed of Trust. which are delivered hereby, and to reconvey, without warranty, all the estate now held by you under this <br />Deed of Trust to the person or persons legally entitled thereto. <br />" <br /> <br />Date: <br /> <br />cSpace 8eI-o... ThrI. lme Re5ef\'ed For LeflGel' ana Recoua.r) <br /> <br />CC 1083 4/86 23 <br /> <br />I ) i', <br />