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-4- <br />��� �����2 <br />="_' _--__ <br />hereby consents to the Trootor'o collection and retention of such <br />� rwute^ issues and profits as they accrue and become payable so <br />long as Truutmr is not, at such times, in default with respect to <br />' payment of any indebtedness secured hereby or in the performance <br />' <br />of any agreement hereunder. Upon any soph'defaort, Beneficiary <br />may at any time, either in person, by agent, or by a receiver to <br />be appointed by a court, without notice and without regard to the <br />adequacy of any security for the indebtedness hereby secured, (a) <br />enter upon and take possession of the Property or any part thereof, <br />and in its own name ona for or'otberwlsa collect such rents, inuuao <br />and profits, including those p=at due and unpaid, and apply the <br />name, less costs and expenses of operation and collection, includ- <br />ing reasonable attorney tees, upon any indebtedness secured hereby, <br />and in such order as Beneficiary may determine; (b) perform such <br />acts of repair or protection as may be necessary or proper to coo- <br />nerve the value of the Property; (c) lease the same or any part <br />! thereof for such rental, term, and upon such cvudicinon as its <br />! judgment may dictate' nuleno Tru,tor and Beneficiary u8rpc other- <br />wise in mritingaoy application of rents, issues or profits to any <br />indebtedness secured hereby shall not extend or postpone the due <br />date of the installment payments as provided in said promissory <br />note or change the amount of such installments. The entering upon <br />and taking pouoeoyivo of the Property, the collection of such <br />rents, issues and profits, and the application thereof as aforesaid, <br />-~ <br />shall not waive or cure any default or notice of default hereunder, <br />or invalidate any act done pursuant to such notice. Truutnr also <br />assigns to Beneficiary, an further security for the performance <br />of the obligations secured hereby, all prepaid rents and all monies <br />which -may have been or may hereafter be deposited with said Truetvr <br />by any lessee of the Property, to secure the payment of any rent, <br />and upon default in the performance of any of the provisions hereof, <br />zruotur agrees to deliver such rents and deposits to the oeuefip- <br />iury' Delivery of written notice of Beneficiary's exercise of the <br />rights granted herein, to any tenant occupying said premises shell <br />he sufficient to require said tenant to pay said rent to the Den*- <br />ficiury until further notice. <br />zl' Condemnation. If title to any part of the Property shall be <br />taken in condemnation proceedings, by right of eminent domain or <br />` similar action, or shall be sold under threat of condemnation, all <br />awards, damages and proceeds are hereby assigned and shall he paid <br />to Beneficiary who shall apply such awards, damages and proceeds <br />to the onmo secured by the Trust Deed, with the excess, if any, <br />{ paid to the Tzoscnr. Troacur will promptly, and with due diligence, <br />repair, alter and restore the remaining part of the Trust Property <br />to its former condition substantially to the extent that the same <br />may be feasible and uv as to constitute a complete and usable unit. <br />! 12 Beneficiary, at <br />Beneficiary's option, prior to recooveyaoce of the Property to <br />the Truxtor, may make future` advances to the rruntnr, Such <br />future advances, with interest thereon, obolI be secured by this <br />Trust Deed when evidenced by promissory notes stating that said <br />notes are secured hereby; provided that at no time shall the secured <br />principal, future advances, not including sums advanced to protect <br />� the security, exceed one hundred percent (1007.) of the original <br />' principal amounts secured hereby. <br />zJ. Remedies All remedies provided in this Trust Deed <br />' are distinct and cumulative to any other right or remedy under this <br />Trust Deed or afforded by law or equity, and may be exercised con- <br />currently, independently or successively. <br />k <br />� 14 Upon default by Truotor in the <br />� e <br />p�ymwnc v aoy �n�Ste-a"ima wecvreu hereby or in the performance <br />of any agreement hereunder, Beneficiary may declare all oumo y,curea <br />hereby immediately due and payable by ueziverytv'rr,rcre or w,i tt,n <br />declaration of defm"lt. The Trustee yxuzz have the p^w,r oc ,n|, <br />