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<br />consent, waiver or approval (hesnmder or take any other action in eorenoctlon therewith, or with a lessee thereunder,
<br />which would haw the cited of Imps" the valve of lectors interest thereunder, on the Property subject thereto. or of
<br />impair" tin position or interWalthisTruslas or Benetieiery; or (f) sell. assign, pledge, mortgage or Otherwise dispose
<br />of, or oicumber, its interest in any rich Walter or any rents; issues or profits issuing or arising thwouhdar.
<br />12 Candisp fwilm if till& to any part of the Property shed be taken in Condemnation proceedings, by right of eminent
<br />doer- le or ainMar action. or oW be said under three of condwmwfion all awards, damages and proceeds are hereby
<br />assigned and shelf be paid to tiealkiary who shsti apply Such awards. damages and proceele'to the Some scoured by
<br />the True Deed, with the excess, if my, paid to the Truator. T. udw wiM promptly, and with dueduigence, repair, after and
<br />resloreAwremrhaNhimq part of the IPrwpertYto fbiOrmer conWdonsubstwdWAYto the extent OWths sane maybe feasible
<br />wW oo M fo constfbA* O r m pi la end usable untitiL
<br />13. PWWGAbaaue, Upon request of Tnator. Batefkiary, at Beneficiary's option. pnorto Hof the Property to
<br />file Truslor, may make future ad v-- c to On Trnleler. Such future advances, with Interest thereon, shall be secured by
<br />tfhe Trust Deed wim wAdehcedby promissory nolesatatlng tltotssid notes an scoured hereby: provided the at no time
<br />cite file secured prhtdpai. future odvenesie not incl cling vi ms advanced to protect the Seauity, emceed one hwtttred
<br />percent (100%) of the or*" principle amountlt seaiwd Hereby.
<br />tar. Ibmw/aeCoarMfie&ANrs -46 provided in this True Deedareaielinct end cumulative loony other rightorremedy
<br />undo this Treat Deed or afforded by low or equity, and may, be exercised concurrently. independently or wedesivNy.
<br />IS. AessleeslerK MassmMr,111de. Upon default by Trustor in the payment of any indebtedness secured hereby or in the
<br />performance of any egnsntent hwifunder. BeneNdary in" declare all sums secured hereby Immediately due and
<br />payable by delivery to Trustee of wvrttten dedwadwh of default. The Trustee shall haw the power of seh of the Property
<br />and if oenNleisry dew" the Property to be solo, it ~ deposit with Trustse this Trust Deed and all promi@SM notes
<br />and documents eviderndng expenditures secured hereby, and shelf deliver to Trustee a written notice of default and
<br />eleXion to cum to Property to beach, and the TnM" in turn elnall prepare a similar notice in the form required by law.
<br />which i hail bar duly filed for am by Tnatse.
<br />(a) After the lepMO1 such tlm s as maybe required by law following the recordation of said notice of desuti, and noticeof
<br />default and notice of sale having been given as required by law. Trustee, without demand on Trustor, ahall sell On
<br />Property an tMdswand ethe timeand piece designated In said notieeof sale, at publieauctbrt to the highest bidder,
<br />the purchase price payable In lawful money of the United States at the time of sae. The person conducting the safe
<br />may for any cause he deems expedient, postpone the sale from time to time until it shall be completed and, in every
<br />such case, notice of postponement sha i be given by public declaration thereof by such person at the tim and piece
<br />UM appointed forth see: provided. if the safe is postponed for longer that one (1) day beyond the day designated in
<br />the notice of safe, notice thereof shall be given in the aenle marine as On original notice of ash. Trustee shell execute
<br />and deliver to the purchaser this Dead cortvsying this Property sold, but without any covenantor warranty, fixpress, Or
<br />implied. The recitals in the Dell of any matters or facts shall be conclusive proof of the truthfulness thereof. Any
<br />person, including Beneficiary, may punch se at the Sale.
<br />(b) WfenTrusteesoftpursuant tothepowersherein.theTrust" shell( fMapplythepoeeedsoftMaaietoPaymentOf
<br />the r, R and expeheee of eam bung the power of safe and of the safe, including the payment of the Trustaa's fan and
<br />exi: srteeaactuality Incurred, which shelf include ONattonhsys has Incurred by tit Trustee in the rendition of his duties
<br />and the Tnmft@* N be isntitled t0 hinsudn ettomiffe w M may see ft including any firm with which Tnslee maybe
<br />eeeOChled, and then le tit flees in wbparagraph (c) in tit order titre staled.
<br />(c) After paying theism specified in subparagraph (b) if tit sale is by Trustee, or the proper court and otter costs of
<br />foreclosure and eels it the sale is pursuant to judicial foreclosure, the Proeeers of a" shall be applied In the order
<br />SUMO 10 tit Payment of:
<br />(f) Coe of any evidence of title procured in connection with such safe and of any revenue stamps:
<br />(II) All sums then secured hereby.
<br />Jill) The remainder. it cry. to the person legally entitled thereto.
<br />16. owam emu O609WAo Met Trwlae. (a) The duties and obligations of Trustee an" be determined solely by the express
<br />provisions of this TmaDesd and Trustee shall not be Ilableexcept for the Performance of such duties and obligations as
<br />are specifically so forth herein. and no implied covenants or obligations shall be imposed upon Trustee; (b) No
<br />provisions of this Trust Deed shall require Trustee to expend or risk his own funds, or otherwise incur arty financial
<br />obligation in this pelwnif nee of arty of its duties hereunder, Orin the exercise of any of its sights or powers, if it shall haw
<br />grounds for belfevvV that the repayment of such funds or adequate indemnity against such risk or liability is not
<br />reasonably allured to it: (c) Trustee may consult with counsel of.his own choosing and the advice of such counsel shall
<br />be full and complete aut iorixatlon and protection in the respect of arty action taken or suffered by it hereunder in good
<br />faith and reliance thereon: (d) Trustee shall not be liable for any action taken by him in good faith and reasonably
<br />believed by hen to be authorized or within the discretion or rights of power conferred upon it by this Trust Deed.
<br />17. AMNlemdSeerrflyhtelrussa ism. Trstor, etitsexpense, willexecuteanddelivertotitTrustee ,promptlyupondemand.
<br />such security instruments as may be required by Trustee, in form and substance satisfactory to Trustee, covering any of
<br />the Property conveyed by the True Deed, which security instruments snag be additional security for Trustor s faithful
<br />performance of all of the terms, covenants and conditions of this Trust Deed, the promissory notes secured hereby, and
<br />any other security iatrumentsexecuted in Connection with this transaction. Such instruments Shall be recorded or filed,
<br />and rerecorded and refiled, at Tnueor s expense.
<br />19. Firs on Bab. If the Truslor setae self, Convoy, transfer, or dispose of Of further encumber the real Property described in
<br />MA Trifel Deed oeairing tit dNKavidenwd by the nota, or any pet of such Property. or arty interest therein. or agree to
<br />do so without On written coffeentof the Beneficiary being first obtained. the Beneficiary shell hem tho right, at its option.
<br />to declare thewrmNe balance of Vwunpalf pnncipsi and accrued interest to be immediately due and payable and require
<br />prompt payment by Tn>stor. Failure to exercise such option shelf not constitute a waiver of the right to exercise it in the
<br />event of a subsequent default.
<br />19. kibeenwAsra,
<br />is) in the aunt any one or more of the provisions contained in this Trust Deed, or the promissory note or any other
<br />security instrument given in connection with this transaction shall for any raison be held to be invelid, illegal or
<br />uhentoresabls in any respect, such invalidity, illegality, or unenforceability shalt, at the option of Beneficiary, not
<br />amecf any oiner provision of this Trust Deed, but this Trust Deed shall be construed as :f such invaho, Megal, or
<br />unenforceable pfoviwon had nawer boon Contained hersin or therein.
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