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<br />200709654
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<br />indebtedness secured hereby, but payments required by the note shall continue until the sums secured hOJeby
<br />are paid in full.
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<br />5. Reoair. Maintenance and Use. To promptly repair, restore or rebuild any buildings or
<br />improvclllllots now or hereafter on the property; to keep the property in good condition and repair, without
<br />waste and free from mechanics or other lieDs not expressly subordinated to the lien hereof; to oot make,
<br />suffor or permit any nuisance to exist oor to diminish or impair the value of the property by any act or
<br />omission of act; and to comply with all requirements of law without respect to the pr<ltJerty.
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<br />6. Condemnation. In the event the property, or any part thereof, shall be taken by eminent domain,
<br />Beneficiary is entitled to collect and receive all compensation which may be paid for a:oy property taken or
<br />for damages to property not taken, and Beneficiary shall apply such compensation, at its option, either to a
<br />reduction of the indebtedness secured hereby or to repair and restore the property so taken.
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<br />7. Performance bv Beneficiarv. Bcmeficiary may, but shall have no obligation to, do any act which
<br />Trustor bas agreed but failed to do, and Beneficiary may also do any act she deems necessary to protect the
<br />lien hereof: Trustor agrees to repay, upon demand, any sums so expended by Beneficiary for the above
<br />purposes, and any sum so expended by Beneficiary shall be added to the indebtedness secured hereby and
<br />become secured by the lien hereof. Beneficiary shall not incur any personal liability becanse of anything
<br />it may do or omit to do hereunder.
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<br />8. AssilroIDent of Roots. Beneficiary shall hSV8 the right, power and authority during the
<br />continuance of this Deed ofTrmrt to collect the rents, issues and profits of the property and of any personal
<br />property located thereon with or without taking possession of the property affected hereby, and Trustor
<br />hereby absolutely and unconditionally assigns all such rents, issues and profits to Beneficiwy. Beneficiary,
<br />hQWeVllr, hereby consents to Trustor's collection and retention of such rents, issues and profits as they accrue
<br />and become payable, so long as Trustor is not, at such time, in default with respect to puyment of any
<br />indebtedness secured hereby, or in the performance of any agreement hereunder. If any event of default
<br />dllScribed hereafter in respect to this Deed of Trost shall have occurred and be continuing. Beneficiary, as
<br />a matter of right and without notice to Trustor or anyone Claiming under Trustor, and without regard to the
<br />value oftbe truBt llState orthe interest of the Trustor therein, sball have the rightto apply to any court having
<br />jurisdiction to appoint a receiver of the property.
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<br />9. Transfer ofProoertv. If all or my part of the property or allY interest of Trustor therein is sold,
<br />transferred or further encumbered without the express or written consent ofBeneflCiary, Beneficiary may,
<br />at their sole option, declare all sums secured by this Deed of Trust to be immediately due and payable and
<br />proceed to the remedies available to her under the default provisions contained therein.
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<br />10. Events of Default. Any of the following events shall be deemed sn event of defanlt hereunder:
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<br />(a) Trustor shall have failed to make payment of any monthly payment of principal
<br />or any other sums secured hereby when due;
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<br />(b) There has occurred a breach of ordefault under any term, covensnt, agreement,
<br />condition, provision, representation or warrantyconrained in this Deed of Trust, the note or
<br />any other 10m instrument secured hereby;
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<br />(c) There has been a default by the Trustor in the payment of any prior or
<br />subsequent lien or encumbrance in respect to ull or any part of the property;
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<br />(d) Trustor shall file a voluntary petition in bankruptcy or shall be adjudicated bankrupt or
<br />insolvent, or shall make an assignment for the benefit of creditors in respect to the property; or an
<br />action to enforce any lien or encumbrance or judgments against the property is commenced.
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<br />11. Acceleration noon Default In the event of any default, Beneficiary may declare all
<br />indebtedness secured hereby to be due and payable, and the same shall thereupon become due and payable
<br />without any presentment, demand, protest or notice of any kind. Thereafter, BeneflCial)' may:
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<br />(a) either in person or by agent, with or without bringing any action or proceeding,
<br />or by receiver appointed by a court and without regard to the adequacy ofany security, enter
<br />upon and take possession of the property, or any part thereof, in their own name or in the
<br />name of the Trustell, and do any acts which they deem necessary and desirable to preserve
<br />the valull, marketability or rentability of thll property, or part thereof or interest therein,
<br />increase the income herefrom or protect the security hereof and, without taking possession
<br />of the property, sue fur or otherwise collect the rents, issues and profits thereof; including
<br />those past due and unpaid, and apply the same, less costs and expenses of operation and
<br />colleotion, including attorney fees, upon any indebtedness secured hereby, all in such order
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