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<br />84- 006635
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<br />shall so require, to add to the payments required under the note
<br />secured hereby, such amount as may be sufficient to~e
<br />Beneficiary to pay such taxes, assessments or otbercha~a.
<br />they become due.
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<br />4. Insurance. To keep the improvements now. or..
<br />located on the real estate described herein inwre4.
<br />damage by fire and such other hazards as Beneficiaq
<br />in amounts and companies acceptable to Beneficiary,
<br />payable to Beneficiary. In case of loss under such
<br />Beneficiary is authorized to adjust, collect and
<br />its discretion, all claims thereunder and, at its sole
<br />authorized to either apply the proceeds to the restorati
<br />property or upon the indebtedness secured hereby, bUt
<br />required by the note shall continue until the sums
<br />are paid in full.
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<br />5. Repair, Maintenance and Use. To promptly repair,
<br />restore or rebuild any buildings or improvements now or hereafter
<br />on the property~ to keep the property in good conditiOl'l aad
<br />repair, without waste and free from mechanics or other liens DOt
<br />expressly subordinated to the lien hereof~ to not make, suffero~
<br />permit any nuisance to exist nor to diminish or impair the value
<br />of the property by any act or omission to act~ ax.":' to camply with
<br />all requirements of law with respect to the prop(~y.
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<br />-----b--~-condemnatTon:- In the event the property, or any pert
<br />thereof, shall be taken by eminent domain, Beneficiary is entitled
<br />to collect and receive all compensation which may be peid for any
<br />property taken or for damages to property not taken, and Benefi-
<br />ciary shall apply such compensation, at its option, either to a
<br />reduction of the indebtedness secured hereby or to repair and
<br />restore the property so taken.
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<br />7. Performance by Beneficiary. Beneficiary may, but shall
<br />have no obligation to, do any act which Trustor has agreed but
<br />failed to do, and Beneficiary may also do any act it deems
<br />necessary to protect the lien hereof. Trustor agrees to repay,
<br />upon demand, any sums so expended by Beneficiary for the above
<br />purposes, and any sum so expended bv Reneficiary shall be added
<br />to the indebtedness secured hereby and become secured by the lien
<br />hereof. Beneficiary shall not incur any personal liability
<br />because of anything it may do or omit to do hereunder.
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<br />8. Assiqnr1'lcnt of Rents. Beneficiary shall have the right,
<br />power anti authority during the continuance of this Deed of Trust
<br />to collect the rents, issues and profits of the property and of
<br />any personal property located thereon with or without taking
<br />possession of the property affected hereby, and Trustor hereby
<br />abSOlutely and unconditionally assigns all such rents, issues and
<br />profits to Beneficiary. Beneficiary, however, hereby consents to
<br />Trustor'lll collection and retention of such rents, issues and
<br />profits as they accrue and become payable, so long as Trustor is
<br />not, at such time, in default with respect to payment of any
<br />indebtedness secured hereby, or in th~ performance of any agree-
<br />ment hereunder. If any event of default described hereafter in
<br />respect to thil5 Deed of Trust !Ilia 11 have occurred and be con-
<br />tinuing, Beneficiary, as a matter of riqht and without not.ice to
<br />Trustor or anyonE! claiming under Trustor, and without reqllrd to
<br />the vlmlue of the trulilt estate or the interest of the Trustor
<br />therein, shall halve the right to apply to any court having juris-
<br />diction to cmppoint a t-eceiver of the property.
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<br />~. Inlilpect:ions. BenefIciary, or its agents, represl!"nta-
<br />tivel!! or workmen I' are authorized to enter at any reasonable time
<br />upon or 1.0 any plllrt of the property for the purpo!'\t" of J.lll!>pectinq
<br />the !.'lame and for thlill purpo!!>@ of ~Je.rforming 1'H'IV of thEl acts it il!!i
<br />autho:r:l.:1!:@d to ptll1rTOrm \lnder th~ terml!! of anv lo<'ln instrnmenti1l
<br />t!;!)xec'l.lted by 'frtl!!lt or. '
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<br />10.
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<br />Tf all 'JI" iH1Y rt ,--.e the
<br />there-in i", 1'(-, el, tr/ll1!!lt?!TI"..J
<br />th", "".l'r~;lrei!ls nt. wrjttl"11 cnn.,e-nt nt
<br />, it' @) ~t) llfl' ')pt nn.. d~c 1 ~ " ,
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<br />OJ.
<br />01" r Il'l'lcumhered wi thout
<br />~<!!1nofic.i~rv, l'1t!!m~t]cllilry mAY.
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