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<br />~~- 102931"-
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<br />ch.rgllS or to m.ke .ny p'vmentt to any exilting prior lien holders or beneficiaries, Beneficiary mey procure luch
<br />Insuranee Ind mlk. auch p.yment. Ally amounu disbursed by Ben.ficiary pursuant to this P.ragraph 6 sh.1I beCome
<br />additlonll Indllbtldnll. of TNltor Mcured by this Trust Deed. Such amountssh.1I be paYlble upon notice from
<br />Benaflciary to Trultot requatlnll plymant th.reof, .nd Ihall belr Interest from the d.te of llllbuf$ltnent at the rate
<br />Plyabla from tlma to tlma on outnllldlng princiPii undar the Note unl.. Plymlnt of Interest It such r.te would ba
<br />contrary to .ppllclbll IIW, In which lVent such amounts Ihall bear inter,n at thl hlghen ratl parmilllbll und.r
<br />.ppllclbl. law. Nothing cont.foed In thll ParlVr.ph 6 sh.1I ,.qulr. Banlficlary to incur any .xp.n.. or t.ka .ny
<br />letlon hammd..
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<br />7. Aalilll'lmlnt of Rlnb. Bllllffdlry "'III hlYI thl right, po.....r and ..thority during the contlnuenc. of
<br />thlt Trult Dttd to coIllCt ttMlrtntl, ISlUa and profitt of the Property and of Iny perlOnal property locatad th.lOn
<br />with or without liking ~Ion of the property afflC1:l1d h.r.by, and Trunor haraby ablOlutlly and uncpndl-
<br />tlollllly .llgnl III IUCh renh, 'IIU.. and profih to Beneflcl.ry. Beneflciary, however, hmby consenU to the
<br />Trustor', collKtlon and .....ntion of such ranta, InulI Ind profit, .. they ICeNI and become payable 10 long ..
<br />Trultor II not, It luch tlml, In default with raspect to paymant of any Indebtednes, s8curad hereby, or In thlt
<br />plri'ormll'lC>> of any _mint h......ndlr. Upon Iny luch dlflult, alnaflclary mlY at Iny time, Ilthlr in parson,
<br />by IQtnt. or by I rlCllvlf to be Ippolnted by . court. without notlcl and without ragln:! to'thl adequlcy of Iny
<br />ocurlty for the Indtbtlldnell h.lby IlCUrad, 'II Inter upon Ind tiki pOllelllon of thl Property or any part th.eof,
<br />.nd In lu own nlll1la su. for or othlrwlll collect wch rentl. IIIUIII Ind profitt. includlllll thOll Pin dU'lnd unpaid,
<br />1Il~ .pply the ,am., 'm COlt, and 'lCpan... of operation and collKtlon, Including r_onlbl. atton.YI f..., upon
<br />lilY Indabted,*, IlCUtad Iwtrlbv. and In weh Ordff II 8an.flcl.ry may dlltermlne: (bl perform IUch eelS of repair or
<br />protection . may be nK.WY or proper to conllrve the v.lu. of the Property; (cl III" thl SlIm. or any Plrt
<br />th.,.o' for luch renlil. t.rm, and upon such conditlonl II iu judgmlnt may dlctat. or t.rmirwta or adjun thl t.ml
<br />end conditioN of .ny lIdding III" or 1IIIIlI, Un"" Trunor and Beneficllry .g.... othlrwi.. In wrltlog. arlY Ipplica-
<br />tlon 0' rants, iuu. or profitt to any indlbtedn.. Itcured her:tby Ihlll not lXulrld or postpone the dua date 0' tha
<br />InsllllmGnt paymtnU .. prnvldld In Illd promissory note or chlllgl thl lIl10unt of such inltltlmenll. Th. entirlng
<br />upon end tiki". poIIIu!on of thl Propeny, thl coll.ction of .uch ,.nts. illu.. and profits. and the .ppllealltm
<br />lhlnlO' . "for...Id, Ihlll not walv. or curl any de'ault or notlc. 0' d.fllSlt herllUndar. or Invllldllte any eet done
<br />purluant to luch notice. TrultOr .110 ..llgn. to Beneficiary. as further lIICurity for the performlnel of the obliga-
<br />tlom IlCUred htnlby, III j)rtlpald rwnu and III monies which mlY havl been or mlY herelfter be dlposited with said
<br />Trultor by any 1.._ of the ProPlrty. to lieu,. the P.lymlnl of any rent or damlg... Ind upon dlfault in Ihe
<br />plfformanc. of Iny of thl provlllon' harlOf, Trultor I\Jl'fti to delivlr such "'"II .nd dlPOlih to a.neflciary. 0.-
<br />livlry of written notice of BlflIflclary'. IXlrel.. of the rights granted herlln, te Iny tanant lY.lCUpylng Itld premis.
<br />Ihall be suHlellnt to require laid lInant to pay Mid rlllt to the Blneflcl.ry until furth.r notlc..
<br />
<br />B. Condemnation. It tltll to Iny part of the Prapeny Ih.1I bl tlken in condemnation proceedin5ll, by
<br />right of 4Imlnent domain or IlmUa, action, or "'all be laid under thrlllt of condemnation. all _ards. damages and
<br />proctadl I,. h..by ...Iunad Ind nil be Plid to Ban.flcl.ry who Ihall .pply such awardl, d.-nlllll and proclldl to
<br />th. aum IlCUred by thll Trun DIId, with the IllCIII. I' Iny, p.illd to Trustor. If Trultor recllvlI any notice or other
<br />Information regard'". luch actioN or procttdlnga, Trunor Ihall give prompt wrlttlll not Ie. th.reof to B.neflciary.
<br />Blneflcl.ry Ihlll be entltlad, at its option. to commlnc.. 'pplar In Ind prOllCUte In lu own nlm. any such Iction or
<br />proctaclings and 5hail be Intltled to make Iny comproml.. or IInl.ment In conn.ctlon with any wch ICtlon or
<br />prOClldI,...
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<br />8, FUN,. AdvIllCll. Upon requllt of Trultor. Benlflclery at a.neflcllry'l option, prior to raconvlyanc. 01
<br />the Prolltl'tY to TruIUi, may mllkl future edvlIlcel to Truuor. Such 'UN" lc:Ivanc., with Interen ~h.rlOn. Ih.1I
<br />be MCUM by tIIll Trud Dead whln lVidenced by promluory notll Itlltlng ~hat laid notll If' lacu,.d h.'lbv.
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<br />to. Rtmldl. NOI Ellclullv.. Trun.. and Benlflclary. Ind .ac:h of thlm. ,hall be entitled to enlorc. Ply.
<br />ment IIld performance of any Indebtedne.. or obIlgatlonl IlCUrad her.bv Ind to Ill.rcl.. III righU and powln under
<br />~hll Trult Deed or unci. .ny oth. ...ment .ll.cutad In connection tlerewith or .nv I.ws now or herllfter in
<br />fon:.. notwithstanding IOme or all of the wch indlbtedne.. Ind obllgetion, seaJrad hereby m.y now or hereafter
<br />be otherwlM IKUred, wh.ther by mortllll9l, dead of trun. pledg., lien. lulgnment or othlrwi... Neither thelCe.po
<br />tanea of thl. TrUll Dlld nor It I .nforcement whither by court Ictlon or pursuant to the power of ..Ie or other
<br />p~f$ h.,.ln conUlin.d, 1h.1I prejudlcl or In any mlnner IUK! Trun"'1 or Beneflcl.ry's right to rllliZl upon or
<br />Inforea any o~her IlCUrlty now or her.lter h.1d bv Trult.. or BlIleflciary. It baing Igrlld that Trultll and B.n..
<br />ficiary. .nd .ach of them, shall be entitled to .nfon:e thi, Trun Deed and any other Slaulty now or herelfter
<br />held by Beneficllry or Trud.. In I..:h order .nd manner II thev or lither of tham mey In Iheir absolut. dl,cr.tlon
<br />d.termlne. No ramedy hertln conf.rred !Jpon or r..anted 10 Trult.. or B.n.ficllry il Intendad to b. ellclullv. of any
<br />at". remtdy n.tln or by I.w provldad or permln.d, but each Ihall b. cumulltiv. and shell be In addition to .vliry
<br />oth. -amedy given hereunder or now o~ h'l'IIfter .xinllllla~ law or In equity or by natutl. Ev.rv pow., or remedy
<br />povided htrtlUnd. thll Trult Dttd to Trultll or B.neflclery or to which .ither of tham may bl oth.rwll. entl~lad.
<br />mlY be uen:llId. concurrently or Independently. from tlma to tima IIld II ohlll II may be deemed upedllllt by
<br />Tru'tll or 8tntflcllry end lither of them may purw. Inconsistent r.medi... Nothing h.raln Ihlll be construad II
<br />prohibltl". Ben.flclary from 'lIklne a d.flclency Judgment Illalnn the Trustor to Ih. Illtlnt luch ICtlon I. per-
<br />minad by law.
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<br />11. Tran,fer of the Prop.rty; Auumpt...!!!!!: If .U or Inv Plrt of the propeny or any Intlrast thlrein luold.
<br />tr,nlfarrt!i or conv.yt!i by Trultor without Slneflclary', prior wrinan COnlll1t. .xcluding (.Ithl cr..tlon of I lI.n
<br />or IIlcumbrenca ...bardl"", to thi, Trult DIId. (bl th. cr..tlon of . pun:hll' money Iac:Ur;tV int.r.u for houM-
<br />hold appllancaa, lei a ulnlfer by dlVl... dllClIlt or by op.r.tlon of law upon the dllth of a lalnt ten.nt or ldllhe
<br />grant of Iny 1.......oId int.,.st of thr.. yll,. or leu not contlllnlng .n option to porch.... n.naliel.,y mlY. It
<br />8.neflclary'. option. dlt"Jaralil the sum. 'ItCUrtd by thll Trun Deed 10 be Immediatelv du.and p'Vlblll; provided.
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<br />Rw, 7/64
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<br />Pege 3 of 6
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