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charges or to make any Oavrnenti to anv ex,st:nq Prior <ien `olders Or benef�c ;ar,es. 3ene ±: car aV " d.
<br />insurance arid make such payment. Any amounts disbumed f-v 3enefnciary pursuant ' c - Trim Paraoraar; a snail becxne
<br />additional indebtedness of T -castor secured by th s Tn:sas Deed. Sucn amounts shah be Payable upon; no, ce Gm
<br />Beneficiary to Trustor re- Westing payment rneereof, and stuvi bear mterest from the date of disburserrsent at the -are
<br />payable from time to time on outstanding prmcioai under the Note unless Payment of nrer--sT at suds rte wouia-' be.
<br />contrary to applicable law, in which event such amounts shalt bear ingest at the n —est rate per-, °suble cancer
<br />applicable law. Nothing contained in this Para -atsh { shall reorare Beneficiary to incur any exoe —e or take anv
<br />action hereunder.
<br />7. Assignment of Rents. Beneficiary shalt he" The 7,ght power and authority during ;ire coniirx once of
<br />this Trust Deed to cpllett the rents, issues and orOf alts of the Property and of any ,karst»ai grog V located thereon
<br />with or without Uking Possession of The property affected hereby, and Trustor niereby adso'rure-ry and uncrind,
<br />tionally assigns all such rents, immis and profits to 3enefieiary. Seneficiary, however, hereby consan� to tf?e
<br />Trustpi's collection and retention of s u o f ' rents, and P r o fi t s as t h a c c r u e and berom oayab€e sd n gas
<br />Trustor s.3 not, at such time, in default wir-h respect to payment of any indebtedness secured heretrv, or in -,e
<br />Performance of any agreement hereunder. upon any such default, Beneficiary may at any time, es. _ri person.
<br />by agent. or by a receiver to be appointed by a court, without notice and without ega, to the adequacy of airy
<br />security for the indebtedness hereby secured, fat s^ter isaar, and take Possession of the Property or any cart - hereof.
<br />and in its own name sue for or otherwise collect such rents, issues and Profits. ; -sdirsg thp� a and u;-oa .
<br />and apply the sane, less costs and expenses of operation and ca+ecvon, ineludinq reasonable attorneys fees, upon
<br />any indebtedness secured hereby. and in such order as 3ene=iciary in" determina: {bi oerio.:n such ace & r'eParm or
<br />Protection as :nay be necessary Or proper to conserve the value of The Prose::;a: ;c? tease the same or any cart
<br />thereo# for such veinal, term, and upars su:u, canricti as :? ;urY neaI -nay dictat=e or terminate or ad}t:.sr --te terms
<br />and conditions of any existing lead or leases. Unless Trustor and Beneficiary agree otherwise in writing, any apps:c =-
<br />POn Of rents, issues or profits to any indebtedness s cred hereby shall: rat extend or p c33orw the due dam c -f r=
<br />installment payments as provided in said.Promssiav note or Manx zie amp -- of such :rsta€ mencs-
<br />upon and taking Possession of tie Property, ;;he co- 1ect,on u3 such rents, iss_ es and crofts, and it__ ad,..sr.^,.cn
<br />thereof, as aforesaid, shall not waive or cure any default or otice of defau't herein -bae a acr-e .
<br />pursuant to such notice. Trustor also assigns to 3.. w-fictary, as fart`ter security `or the performance - -f !w c,04-
<br />tio3xs secured hereby, all Prepaid rents and art monies w ,i--n r; say have been Or may hereafter be pebos::eo anti- s`sd
<br />T:usttx by any lessee Of the Property, to Win? the Say sent o arty rent or darag=s,, a d upo �eftu ? <. _
<br />,'terforn:al of any of tie provisions hereof. Trus 0 agrees O deliver sum rent and depovIs to der, = —'
<br />livery Of written notice of Beneficiary's n D4
<br />ary's err�� of erne r;ats*s granted .herein_ a any tenant ocG.^y:rg � r p -er-= 5es
<br />ahalI be sufficient to require said tenant to Pay said rent to She Beriefi ary �r :: vint=ner notice.
<br />E Condemnat,°o r if title ton any part of :tie Property shall be taken in condemnacon or
<br />_ ocead;ms, dv
<br />right of eminent domain or semilar action, Will be solo inder ;meat of condernnatitm, ail avuan:z, oanaces anc
<br />Proceeds are hereby assigned and shall be paid to Beneficiary who shall apply such awards, dae^a� and Proceecs -d
<br />the Burrs cared by This Trust speed, with -e excess. 'f any, Paid tg Tnr for _ if Trust any -mice or =.L—
<br />information regarding such actions or proceesirus, Trt:stor sharit give prompt wrinn =notice thereof - den- -rya-,-.
<br />aersefic any shall be entived, at its , u worn =nix, M and Prose -;Te in i:s own name 3nt sun c„
<br />proceedings and snail be entitled to make airy C=Pror ise or settlement an connection wit, ar°y s en ac-so o-
<br />*3roceedings
<br />ure Advances. Upon request o'. `r tutor. Sent_° iary at Seneficiarti's oWt:a .aria tv ran. ^, eye _
<br />the Property t o Trusror may snake f u .sre advance to TIus --r- Sueh fu'zure advances. w i t s re �t ne eon- sal a' -1
<br />be severed by This Trust Deed when >vuedenced prd ,:ssory notes stating -net sad own are s nee
<br />10. Remedies Alp, Exclusive Tr stee and 3�efrcar #, anc each of into ,shad ale � -•lac t enforce cr.-
<br />rern and per ormant~ of any indebtedness or obligations secu; ec rerepy and m exercis. a± -ban= and n no
<br />this Trust Deed or under any other agreemem executed in connection *s�.sewitis or any Ism -sow ar he7ea-: -er
<br />force, notwitrs:andirig some or ail of brie s.._ . Indebtedness and op?:3ar.oms secirec 'nereby may no -v o" herea�em
<br />otherwise secured, whew by rrsortgaae. deed or °st, wedoe.:ien, ass- gnment or o- erw:sa. Ne.tne- me a. _e: -
<br />nce of this Trust Deed err. its enforcement xhether by sour: aC, Or, Or Ixursuant re ;-,e ;3nc�r pf solo ant c.. _:
<br />Powers herein contained, shall prejudice Cr in any manner a`fec: T-see s or s 71gMj :o ea . ' _
<br />enforce any other security now or hereafter ne4d by Trustee or 3=_rwficiarv, >t being agreed that Ts rsteearic =_
<br />fieiary, and each of TM-mm, snail be en tied ro =enforce this ---use Dec aric any ott- -r secs V now or ,.
<br />held by Beneficiary or Trustee n such order and manner as bey or - L "ea-=,
<br />Y erttru, o' ^er? :r±aY 'r, the,• 'a^...ra?tUTe crsr.ctv._
<br />determine. No remedy herein conferred upon or reserved to Trustee or Bereficiary is _no?- LO oe ax�us ale a-,
<br />Other remedy nereiri or by !aw or i ;e<i or perm,,ted, bi * eaen snail are cumu':ative and shat be .n add, tnx to era *v
<br />other remedy given hereunder or now Or hereafter existing at'aw of M,, eou+ty at by state;*°=_ Every Power or r—':q
<br />Provided hereunder this Trust Deed to Trustee ant Rene #diary to R, °" s : ,any _ w:3_
<br />may be exercised, concurrentfy or =ndependentty, from, time to tame and es. oft;', as may he deemed exp o =e ^• n•:
<br />Trustee Or Beneficiary and either of ;twin m - -
<br />aY Pursu .^�c:, ^s:sten- rerreev -es Nc- nc here: n � be t: s -- _.
<br />prohibiting Beneficiary from seeking a defic:encv ,.rdgrn n, =gains-, the T.,,stor ex.en: SuC,
<br />routed by law.
<br />31 - Transfer of *he a -OOerr - Assu-op ;n7 if ;
<br />' a ^>; ':. oDe" t,
<br />•ransffi`rred 6r Ct3T'xvey `•d bvv TT:;Stixr w ;itt,, Lc'nE;.C:_ry .,_.,
<br />or encumbrance subpr.]'- ."tale to this Trrest e c-eat- - '.�r
<br />nt: +d apo,ar�es. !c? a Uanste- by devise. >i na cs b. Q=' Jeta'-a :if :a, .".-:e .. e_T., r. � - _ -
<br />ga -:: Of any Ifasehoid ;Merest c- *. 23 -.e,:s a- less , J
<br />3n^° #hc:ary S v Ts n.,a ant ^;a r°
<br />_.
<br />anti .he o,
<br />
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