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$5- 004457 6 Ad/Illanat Llms she Prelaallon of BaneflotoWs Security Trustor shall make all payments of Interest and principal and payments of any fees expenses contracted to be paid to any, existing Ilenhol lers or prior beneficiaries under any prior deed of trust or mor- other charges, and tpoge before the date they are delinquent and promptly pay and discharge A:hy and all other liens, claims or charges which may jeopardize the to any of the covenants and agreements contained in this aaCYrtly granted herein. It Trustor tails to make any such payment «falls perform Dead of Trust, or in any prior mortgage or if T ustorftis o pay proceedings Inv lving a decadent, or tent M the Including, but t limited to!reminntfdomain proceedings, or Trustee's debts generally as they become due, then Beneficiary, at Beneflolary's option and without notice to or demand upon coon and disburse such sums, and take such action ss Is without telaasMp Tut« from any obligation hereunder, may make such appearances, risasaearY to protect Beneficiary's Intof"t, Including, but not limited to, disbursement of reasonable attorney's fees, payment, purchase, con- to repairs. In the went that Trustor shall fail to last or compro nlw of any encurnbMitoo, charge or Ilan, and entry upon the Property make procure )nonce or to pay taxes, assawments, or any other charges or to make any payments to existing prior lien holders or beneficiaries. may such Insurance and make such payment. Any amounts disbursed by Beneficiary pursuant to this Paragraph 6 snail Beneficiary to Senefice" procure 'DeoonN additional Indebtedness of Trustor secured by this Deed of Trust. Such amounts shall be payable upon notice, from from the date of disbursement at the rate payable from time to time on outstanding Trustor requesting payment thereof, and shall bear Interest prtnolpal under the Note unless payment of interest at such rate would be contrary to applicable law, In which event such amounts shell beer In- forest at the highest rate permissible under applicable law. Nothing contained In this Paragraph 6 shall require Beneficiary to Incur any expense or take any action hereunder. 7. Aaaiitlltarll of lteate• Beneficiary shall have the right, power and authority during the continuants of this Deed of Trust to collect the rents, located thereon with or without taking possession of the property affected ,sense and profits of the Property and of any personal property Trustor Tust�t hereby absolutely and mention offsuclh rents, Issues and profits as heynaccrueltand becomeipayable n long as Trustor is not Upon consents at such dente, In default with respect to payment of any Indebtedness secured hereby, or in the performance of any agreement hereunder. by a receiver to be appointed by a court, without notice and without any such default, Banalicjery may at any time, either In person, by agent, or regard to the adequacy of any security for the Indebtedness hereby secured, (a) enter upon and take possession of the Property or any part issues and Including those past due and unpaid, and apply the same, Merad, and In its own name, sue for or otherwise collect such rents, profits, lass costs and expanses of operation and collection, Including reasonable attorneys foes, upon any Indebtedness secured hereby such may be necessary «proper to M value of the order es Beneficiary may determine: (b) perform such site of repair or protection as Property; (e) Nose the same or sny part thereof for such rental, term, and upon such conditions as its judgment may �dict to of terminate «ad• Trustor and Beneficiary agree otherwise in writs an application of rents. jut the terms and conditions of any-existing Vase or looses. Unless Issues or proflts to any Indebtedness secured hereby shall not extend or postpone the due data of the Installment payments as provided In said taking possession of the Property, the collection of such proMSeory note or change the amount of such Installments. The entering upon and rents. Issues and profits, and the application thereol as aforesaid, shall not waive or cure any default or not" of default hereunder, or invalidate for the of the obNgatlons secured any act don* pursuant to such notice. Trustor also assigns to Beneficiary, as further security partormanCa • rents and all monles which may have boon or may hereafter be deposited with said Trustor by any lessee of the Property, to deliver hereby, all p apaid such secue the payment of any rent or damages, and upon default In the performance of any of the provision hereof. Trustor agrees to Beneficiary. ve notice of Beneficiary's exercise rights s granted heroin, to any tenant occupying said rents and Md�sbe t sufficient o require y tenant to the Bneti ary unto flan 6. Gndssl e&6m if title to any port of the Property shall be taken In condemnation proceedings, by right of eminent domain or similar action, be coed under threat of condemnation, all awards, damages and proceeds are hereby assigned and shall be paid to Beneficiary who shall Trustor or shall reCelvss apply such awards, damages end proceeds to the sum secured by this Dsed of Trust, with the excess, it any. paid to Trustor. If Trustor shell give prompt written notice titereof to Beneficiary. arty notice «other Information regerding such actions or procsedings, Bariatbiary Mil be antitNd, at Its option, to commence, appoor In prod proaecuts in its own name any such action or proceedings and shall be ntltNd to make am compromise or ettlement in connecllon with any such action «proceedings. 9. IlsitiaNN Ilsl LaeNisise Trustee prod 8ana11clary, and each of them, shell be entitled to enforce payment and performance of any Indebted- in Deed of Trust or under any other agreement executed con - some «all of the such Indebtedness and obligations secured hereby riecllon lisrewlth o any Nwe now or hereafter In IorCS, not•wlthatending nNy now «hsrasfter be oherwles sscurW, whether by mortgage, dead of trust, pledge. Ilan, assignment or otherwise. Neither the acceptance to the of silo or other ptnrers heroin contained, shall Of fleas Deed of Tut n« Its en} «cement whether by court action or pursuant power prejudice or In any manner affect Trustee's or Beneficiary's right to realize upon or enforce any other security now or her alar held by Trustee or that Trust" and Beneficiary, and each of them, shall be entitled to enforce this Deed of Trust and any other security y Beneficiary, It being spread now or ry hereafter hold by seneflei or Trust" In such order and manner to they «either of them may In their absolute discretion determine. No to Trustee or Beneficiary Is Intended to be exclusive of any other remedy herein or by law provided or ` remedy herNn conferred upon or resented but stele shell be cumuolai�y provided thereunder tt this Deed other ruasta oyTrust a hereunder or Beneficiary or to which either either Orf them may be aqulty«bY itute. Every power equity r otherwise en1ltNd, may be exercised, concurrently or Independently, from time to lime and as often as may be doomed expedient by Trustee or Beneficiary and either of pursue remedies. herein hall be construed as prohibiting Saneliciary, from seeking a deficiency judgment against he T the extent such a permitted erg. TMMOW of Via Property AseeroplNn. If all or any part of the property or any interest therein is sold, transferred or conveyed by Trustor to this Deed of Trust, (b) the creation without Benefklsry's prior written Cnsent, excluding (a) the creation of ■ Ilan of encumbrance subordinate of a pure"" money security Interest for household appliances, (c) a transfer by deviss, descent or by operation of taw upon the death of a joint less containing an option to purchase, Beneficiary may, at Beneficiary's op- tenant or (d) the grant of any teasehold Interest of three years or not tion, declare all the sums secured by this Deed of Trust to be Immediately due and payable. or cause the Trustee to file a notice of default. to prior sale, Beneficiary whom the itransferred otit� rely Is to to be sold or reach agreementein rng that creditsof such person is satisfactory to Beneficiary and the interest payable on the sums secured by this Deed of Trust shall be of such rate as Beneficiary shall request. 11, ASOMWOM ups Delatttb %am& lest Bete. Upon default by Trustor in the payment of or performance of the terms and conditions of the I or the lare ill sums secured hr�irteby Immediately e du Band of In the payable and thessame of M yoovanants « modifications of extensions hersuM%f, SaWiclorryy may dec to any shah lftsreupon beCOltla due and payable without prasanlmnt, demand, Protool Of notice of any kind. Thereafter. Beneficiary may deliver Totes daClerallofl o} default and demand f« sale. Trustee shall haw the power of sale of the Property and It Beneficiary decides the • wrttln ►ropsAy is to be sold lt shalt deposit with Trustee Ihle Good of Trust and the Nota of notes and any other documents evidencing expenditures sscwed hereby, slid Mall dollver to Truth ■written notice of default and akiCtin to cause the Property to be said. and Trustee, In turn, shall prspere s simper notice M Ihe form required by law which snail be duly tiled f« record by Trustee. Isw following the recordation of Notice of Default, and Notice of Default and Notice of (a►After the lapse of such time as maybe required by 8aN hevkp ban glen as required by Nw, Fruatoo, without demand on Trustor, shall sell the Property In one or more parcels and In such order the time and designated In saki Notice of Salo, at public auction to the highest bidder, the as Trustor may defWmlM n the data and at place purchase prig payable In cash in lawful money of the United States at the time of sale. The person conducting Ina sale may, for any cause he or time 11 shall be completed and, In every such case, notice of postponement shalt be site deems expedient, postpone the seas from time to until given by public declaration thereof by such person at the time and place last appointed for the sale: provided, If the oats Is postponed for longer SON, thereof shalt be given In the some manner as the original Notice of Sal#. then one (1) day beyond the day designated in the Notice of notice That" Mall execute and deilyar to the purchaser Its Deed conveying the Property so sold, but without any covenant or warranty, express, or be proof of the truthfulness thereof. Any person, including without Mtpgsd. The recitals M the Dead of any matters or facts shall conclusive limitation Benaflclary or Trusts*, may purchase at the sale. ib) When Trustee soles pursuant to the powers heroin, Trusts* shall a ply the proceeds of Ihe sale to payment of Ihe costs and expenses of Trustee's Foes incurred, which Trustee's Foos shall not hest exeroiaing the power of seas end of the sate, Including, payment of M the toompte NOW the following amounts based upon the amount secured hereby and remaining unpaid: 6 psreenlum on the balance thereof; 04 than to the items so forth In subparagraph (c) hereof In the order therein stated.