<br />88- 105099
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<br />5. '1In. .......tct.. ... c:lMql'. Truslor sholl pay all toxes. assessments and other charges, including, without limitation, finos and 1m.
<br />pasiUons ollrlbuloble 10 the Property, and leo.ehold payments or ground rent., 11 any, before lhe .omo becomo dellnquenl. Trustor .holl'promp.
<br />tly furnish 10 Beneflclory all nolices or omounl. duo undor Ihls paragraph, and in the eyonl Tru.tor 'holl make paymenl directly, Truslor sholl
<br />promptlr IlnIllh to Beneficiary recoipts oyldencing such paymont.. Tru.tor .holl pay all taxes and assessmenls which mar be leyied upon
<br />BenerlCiary's Interest herein or upan thl. Deed of Trusl withoul regard to nny low Ihot may be enacted imposing payment of the whole or any
<br />perllh.....r upon the Beneficiary,
<br />6. AMtIeIlll U- ... Prolectlon ef Ben.r..lary'. Security. Trustor sholl make 011 payments of inlerest and principal and payment. of any
<br />other charDts. 'HI and 8.pensss contracted 10 be paid to Dny existing lienholders or prior beneficiaries under any prior deed of trust or mor-
<br />tgage before the dale they orB delinquenl and promptly pay and discharge any and 011 other liens, claims or charges which may jeopardize the
<br />security grtInled herein. U Trustor falls to make ony such payment or foils 10 perform ony of the covenants and agreements con.oined in Ihls
<br />De.d of Trust. or In ony prior mor1goge or deed of frust, of if ony action or proceeding is commenced which materially affects Beneficiary's in-
<br />terest in the Property, including, but not limited to, eminent domain proceedings, or proceedings involving a decendent, or if Trustor fails to pay
<br />Trustor's debts generally as they become due, then Beneficiary, at Beneficiary's option and wiJhout notice to or demand upon Trustor and
<br />without releDsing Trustor from Dny obligation hereunder, may make such appearances, disburse such sums, and take such action os is necessary
<br />to protect 8enefichrry's interest including, but not limited to, disbursement of reasonable attorney's fees, payment, purchase, contest or com-
<br />promise Df ony encumbrance, charge or lien, and entry upon the PrDperty 10 make repairs. In the event that Trustor sholl fail to procure in.
<br />suronce Dr to pay laxes, assessments, Dr any other charges or to make any payments to existing prior lien holders or benericiaries, Beneficiary
<br />may procure such insurance and make such payment. Any amounls disbursed by Beneficiary pursuant to Ihis Paragraph 6 sholl become additional
<br />indebtedness of Trustor secured by this Deed of Trust. Such amounts shall be payable upon notice from Beneficiary to Trustor requesting pay-
<br />ment thereof, and sholl bear interest from the dote of disbursement a1 the role payable from time to Hme on outstanding principal under the
<br />Note unless payment of interest at such rote would be con4rary to applicable law. in which even1 such amounts sholl bear interest at the highest
<br />role permissible under applicable low. Nothing contained in this Paragraph 6 shoil require Benericiary to incur any eKpense or lake any action
<br />hereunder.
<br />7. AI.igmnent Dr Wen", Beneficiary shall have the right, power ond aulhority during the [OnHOWlnce of this Deed of Trust to collect the
<br />ranh. is.sues and profits of Ihe Property and of any personal properly located thereon with or without taking possession of Ihe property affecled
<br />hereby. and Trustor hereby absolutely and unconditionally assigns all such rents, issues and profits to Beneficiary. Beneficiary, however, hereby
<br />consents 10 Ihe Trustor's collection cnd re1enlion of such rents, issues and profits as they accrue and become payable so long as Trustor is not,
<br />01 such time, in default with respec1ta payment of any indebtedness secured hereby, or in lhe performance of any agreement hereunder. Upon
<br />any such default. Beneficiary may 01 any time, eilher in person, by agent, or by receiver to be appointed by a court, without notice and without
<br />regard to Ihe adequacy of any security for the indebtedness hereby secured, (0) enter upon and take possession of the Property or any port
<br />thereof, and in its own nome sue for or otherwise collecl such rents, issues and profits, including lhase post due and unpaid, and apply the some,
<br />less cost$ and expenses of operation and collection, including reasonable attorneys fees, upon any indebledness secured hereby, and in such
<br />order os Beneficiary may determine; (b) perform such acts of repair or protection 05 may be necessory or proper to conserve Ihe value of the
<br />PropertyJ (c) lease the same or any port thereof for such rental, term, and upon such conditions 05 its judgment may dictate or lerminate or ad~
<br />fust the terms ond conditions of any existing lease or leases. Unless Truslor and Beneficiary agree otherwise in writing, any application of renls,
<br />issues or profits to any indebtedness secured hereby shall not extend or postpone the due dole of the installment payments 05 provided in said
<br />promissory note or change the amount of such installments~ The entering upon and taking possession of the Property, the collection af such
<br />rents. issues and profits. and the applicalion thereof os aforesaid, sholl not waive or cure any default or nolice of default hereunder, or in.
<br />validate any oct done pursuant to such notice. Trustor 0150 assigns to Beneficiary, os furfher seturity fDr the performance of Ihe obligations
<br />secured hereby, DII prepaid rents and all monies which may hove been or may hereafter be deposited with said Trustor by any lessee of the Pro-
<br />perty, to secure the payment of any rent Dr damages, and upon default in the performance of any of Ihe provisions hereof, Trustor agrees to
<br />deliver such rents and deposits to Beneficiary. Delivery of written notice of Beneficiary's exercise of the rights granted herein, to any lenan1 oc-
<br />cupying said premises shall be sufficient to require said tenant to pay said rent 10 lhe Beneficiary until further notice.
<br />8. Cend.......... If title to any port of the Property sholl be token in condemnation proceedings, by right of eminent domain or similar action,
<br />or .holl be .old undor lhroOI 01 condemnolion, all award', damage, and proceed. ore horeby assigned and sholl be paid to Beneficiary who sholl
<br />apply such awards. damages and proceeds 10 the sum secured by this Deed of Trust, with Ihe excess, if any, paid to Trustor. If Trustor receives
<br />any notice or other information regarding such actions Dr proceedings, Trustor sholl give prompt writren notice lhereof to beneficiary.
<br />Beneficiary sholl be entitled, 01 its option, 10 commence, appear in and pr?secute in its own nome any such action or proceedings and sholl be en-
<br />titled to make any compromise or settlement in connectiDn wilh any such aclion or proceedings.
<br />9. 1'lI'IlIIitl Hili beluli",. Beneficiary sholl be entitled to enforc.e payment and performance of any indebledness or obligations secured
<br />hereby and to exercise 011 rights and pDwers under this Deed of Trust or under any other agreement executed in connection herewith or any lows
<br />now Dr hereofrer in force, notwithstanding some or all of the such indebtedness and obligations secured hereby mDY now or hereafter be other~
<br />wise secured, whether by mortgage, deed of trust, pledge, lien, assignment or otherwise. Neither the acceptance or this Deed of Trus1 nor its
<br />enforcement whether by court action or pursuant to the power of sale or other powers herein conJoined, sholl prejudice or in any manner affect
<br />8eneficicry's right to realize upon or enforce any other security now or hereafter held by Beneficiary, it being agreed Ihot Beneficiary shall be
<br />entitled to enforce this Deed of Trust and any other security now Of hereafter held by Beneficiary in such order and manner os il may in ils ab~
<br />solute discretion delermine. No remedy herein cDnferred upon or reserved to Beneficiary is inlended to be exclusive of any other remedy herein
<br />or by low provided or permitted, bul each sholl be cumulative and sholl be in addition to every other remedy given hereunder or now or hereafler
<br />existing at law or in fquity or by sial ute. Every power or remedy provided hereunder lhis Deed of Trusl to Beneficiary or to which it may be
<br />otherwise entitled. may be exercised, concurrenlly or independenlly, from time to time and as often as may be deemed expedienl Beneficiary
<br />and it may pursue inconsislant remedies. Nothing herein sholl be construed os plohibiting Beneficiary from seeking 0 deficiency judgment againsl
<br />the Trustor to the ex.tent such oction is permitted by law.
<br />10. 1.....'., al PrDpllrty; Allumptlan. If 011 or any port of the property or Dny interest Iherein is sold, transferred or conveyed by Truslor
<br />without Beneficiary's prior wri1ten consent, excluding (0) the creation of 0 lien or encumbrance subordinate to this Deed of Trust. (bJ the crea-
<br />tion of a purchase money security inlerest for household appliances, (cl a transfer by devise, descent or by operolion of law upon the dealh of a
<br />ioint tenant or (d) the grant of any leosehold interest of tlvee years or less nol captaining on option 10 purchase, Beneficiary may. 01
<br />Beneficiary's option, declare 011 the s;ums; secured by this Deed df Truslto be immediately due and poyable, or cause the Trus1ee to file D nolice
<br />of defouJl. Beneficiary sholl hove woived such option to accelerate if, prior to the sole, transfer or conveyance, Beneficiary and Ihe person 10
<br />whom the property is to be sold or tronsferred reach agreemenl in writing thfll Ihe credit or such person is salisfaclory to Bcnericiory and thai
<br />thl!' interest payable on the sums secured by this Deed of Trust sholl be at surh lole as Beneficjor~ sholl request.
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