86— tom,,l
<br />I . Pay,.rent c* rr_'�"iclpa_� 01, and +,r,e _i erest
<br />on, the `ndekitedness evidenced by -o-ute. <-narge�, fees ;�j-id 1 t other Fums a s � o
<br />r, -
<br />n T nstr,,,nents.
<br />vided L
<br />2. Title. r-ustor the u-�er of lj�,e property and r-�as the e rio!ht and authority
<br />�s wr
<br />to execute this Deed of Trust in rescact tc the p-Lcpe:+_'..,.
<br />- special assessments
<br />3. Taxes and Assessments. 40 say, , due, _-, a'�! taxes,
<br />and all other charges against the property, before the Same become delinquent, and,
<br />in the event Beneficiary Shall so require. --,j add to t�he oayments required under
<br />thenote secured hereby, such ariount as rray b, :,Ljfficient to enable Beneficiary to
<br />nay such taxes, assessments or other charges become. due.
<br />G. insurance. - improvements -w jr' hereafter "ocated on the real
<br />To keep tl�e —ric
<br />— i such ot e hazard as
<br />described herein insured against damage by i -re and th r 5
<br />Eenef-.cia.ry fzay 7,--qjira, -;n amounts and companies acceptable to Beneficiary, and
<br />pith
<br />loss -_ayabie to Beneficiary, in case of -ass urizier such policies, Beneficiary
<br />Is autncrized tL ar:-*ijst, collect ard compromise, in its discretion, all claims there-
<br />un d e r a--d. at aut.1.-iized to either apply the proceeds to the
<br />it�,
<br />a-estoratior. of th.? :=,Qerty or upon the r%ereby, but payments
<br />rsqu L
<br />-red �jv tr e nate -ha*1 continue _,ri i] the sums secured hereby are paid in full.
<br />Y=interance and Ulse. To prcm)tly repair, restore rebuild any
<br />bul'ldinkis oir imvroverents r,-.—w or r,,ereafter on the property; to keep the property
<br />in, goon condition • -nd, Ppair, without taste arvi free from mechanics or other liens
<br />not expressly subordinated to the lien rerecf; to not make, suffer or permit any
<br />nuisance t exist nor to iminls• cr impair the value --f the property by any act
<br />Q r iply wit'. all --c-q.-Aremerts of 'au UATh -respect to the
<br />0 M 15 S a-) t 0 a C t 3 f - C 1 C C C!
<br />the eve^t the or any ;,art thereof, Shall be
<br />taken. cy eminent domain, 3ereflciary i�_- er-itied to collect and receive all -ompensa-
<br />tior, which may t:e paid ,r 3n.v prcoerty taken or For damages to property not taken, •
<br />-, -.atior, at its option, either to a reductj* on
<br />and Beneficiary sa-!_ ap��_!y such - or per c
<br />or the Irz-,ebtedres,.,., E:ecurpf, t�eret; or to repair and T'eStore the pro',,err:y 5o taken.
<br />7, perfcrrance by Dene47IC:1ary Ma)" DUt S^all have .)c oull-1-gation
<br />to, do any a;--t whic," TrUStcj ha, but failed to do, and Penef`ciaE-y may -3150
<br />4 -
<br />do any ac-- it deems to t,'-,e lien herecf. Trustor agrees to
<br />upon; demand, any :uf7s exDenoeOi 'renef iL4
<br />ary For the abode Durposes, and any
<br />sum so exoc"�ed by le ;-.El snal i tDa added' to t�e indebtedness secured hereby
<br />a.id become secured jy e lien hereof. Rz�f,eficiary shall not incur ariv personal
<br />I -. h1
<br />liability necause of v cz; el.. arat to d,,, t!ereunder.
<br />B. 4ssignment of Rents. 3_e-ie J -,-, _i_nry s`' -3i IL `.ave right, pcv,er and authority
<br />durina tne contl,-;.lance czf �hiS F) L. e - "i ZI
<br />�)f T St -.o i-_Q-'lect ul,& ients, issues and profits
<br />of the n-roverty and 01- ary personal l_,sated thereo.-.. uitti or willhout taking
<br />possession ��f the property affected' he:env, a._ nereuy atsclutely and uncondi-
<br />tionally assigns al, such rents, - Ss, -'es arc Profits to Beneficiary. Beneficiary,
<br />however, hereby consents to Tru5torls collection a7;0 retentior, :)f such rents, issues
<br />and c,rofits as they accrje and t)ec-ome payabie, so io,' +g as Trustor is not, at Such
<br />time, in defajl'- :jith respect to payment of ar�v indebtedness secured hereby, or in
<br />the performance OT any aQree.ment, 'I.ereunder. 7F default descrited rere-
<br />any event or
<br />aftey In respect '_his Deed c�� 7rust shall `ave occurrec and be C01'r-Inul-rig, Benef-i-
<br />ciary, as a nattsr o-I rig)-t ar,-d uithcut r.c-t-i,--- to Trust_ or anyone cla_iriinq ,_-der
<br />rustor, ano wiv--,fji.AL regard to une vaiue Q� t^e tP_;5t estate -jr �ne �interest o, the
<br />Trustor tnerein, _hall ';-ve trie right 'D apply to aniv co,-r ha_ inc ` �risdlctior, tc
<br />appoint a rece-,ver the Drooer,_y.
<br />9. Transfer o, Dr,-,Lr+
<br />a;Y Part C� tn� p:;f
<br />T a I I �D r ._sty r ar4y intereSt
<br />of Trustor [herein Is sold, t7asferred u- Ii:rtnE:r ._:thou.'. -ne exvress
<br />or written of Beneficiary, Penef-'Cl'al-y May, at SOli, osLicr7, OeCi;71re -31
<br />5tA,s secure., nty this Deed of to be Pfl-.-2e,_-j
<br />to aval"ab'c to t
<br />E,ents nf, :.I_ 341i q --.e
<br />3"A?
<br />
|