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<br />84.--006798 <br /> <br />r <br /> <br />chartII or to meQ any payments to any existing prior lien holders or b_fici.-ies, Beneficiary may pn:JCUresuch <br />illlUl1lllClt and make such peyment. Ally amountS disbul'Sld by Beneficiary pursuant to this ParagrIph 8 shalt become <br />lIdditional i~ of Trustor SlIClUI'ed by this Trust Deed. Such amoums shell be peyeble upon notice fRIm <br />8enefici8ry to Trustor requesting peyment thereof, and shell beer intenlSt fRIm the date of ~t lit the rate <br />payeble fRIm time to time on outstanding principii under the Note unl_ payment of InteI'IIt It 1UCh fllll'WliIukS be <br />contrary to applicatlIlt Iew, in which event such amounts shell beer interest at thltf1lghlst me .....AII.llltundllr <br />appIicebIe law. Nothing contained in this ParIllRPh <<5 shelll'llqUire Beneficiary to incur lIRY ..... or tPe, any <br />lOtion herlIunder. <br /> <br />7. Aulgnment of Rents. Beneficiary shall have the right, power and authority during the .......~ of <br />this Trust Deed to collect the rents, i_ and profits of the Property and of any. penoneI ~ klcated~ <br />with or without taking PClI"waion of the property affected l'1eftby. and TruS1lllf hereby IbIoIutety and ~ <br />tionaIly .... aN such rents. issues and profits to Beneficiary. ~, "--. hereby ~ "" the <br />TNS1OI''s collection and retltntion of such rents, i_ and profits lIS thay _e and bIIaome ~ so '-I- <br />TNS1OI' is not. at such time. In default with rapect to payment of lIRY indebtedness IIIlUNd 1tereby, or in thlt <br />perfom\anCe of any agrument hereunder. Upon any such dltfIult, 8enefici.-y may at any'timlt. ..... in..... <br />by agent. or by a receiver to be appointed by a court, without notice and widlout ntgIId to the lIdequecy of any <br />security for the indebtedness hereby secured, (a) enter upon and take possession of the Property or any pert thereof, <br />and in its 0_ neme sue for or otherwise collect such rents, issues and profits, including thole PIIt due anduapaid, <br />and ~ the same, '- costs and exptInW$ of operation and collection, including rlllOnlble attorneys fen. upon <br />any il'ldeM__ secured httreby, and in such order as Beneficiary may determine; (b) perform such ICts of repair or <br />protection lIS may be nee_v or proper to consetVe the value of the Property; (e) leese the same or any pert <br />thenIof for such rental, term, and upon such conditions lIS its judgment may dictate or terminate or adjust the__ <br />and conditions of any lIICisti;ng 1_ or Ilteses. Un'- Trustor and Beneficiary agrH otherwita in writing.. any app1ica- <br />tion of rents, ~ or profits to any indebtedness secured hereby shell not lIICtend or postpone the due date of tfte <br />installment peyments as pmvided in said promissory ncte or change the amount of such installments. Thltenterintt <br />upon and taking ~ of the Property, the collection of such rents, i_ IInd profits, lIl1d the application <br />thereof lIS aforesaid, shlMl not _ive or cure any default or notice of defallt hereunder, or invalidate MY act done <br /> <br />tioN SlIClUI'ed henIby, all prepaid rents and all monies which may have been or mey hereett.r be depositld with seiC <br />Trustor by any 1_ of the Propeny, to secure the payment of any rent or damages, and upon defallt in the <br />performance of any of the provisions hllf'eof, Trustor ~ to deliver such rents and deposits to Beneficiary. De- <br />livery of _ttten notice of e-ticilrV's exercise of the rights granted herein, to any tenant occupying slIid premises <br />shall be sufficient to require said tenant to pey said rent to the Beneficiary until further notice. <br /> <br />8. Condemnation. If title to any pen of the Propeny shall be taken in condemnation proceedings. by <br />right of eminent dorNin or similar lIICtion. or shall be sold under threat of condemnltion, all lIWards. damages lIl1d <br />proceeds are hereby _igned and shall be paid to BenefICiary who shall apply such lIWards. damllJlS and PfllC8IIds to <br />the Nm secured by this Trust Deed. with the excess, if IIl1Y, paid to Trustor. If Trustor receivllS any notice or otMr <br />information regetding such actioN or proceedings, Trustor shall give prompt written notice tl1efeof to Beneficiary, <br />Beneficiary $hall be entitled. It its oPtion. to commence, appear in IInd prosecute in its own name any such action or <br />proceedtngs and shall be entitled to mete any compromise or settlement in connection with any such action or <br />proceedings. <br /> <br />9. Futunt Advances. Upon request of Trustor, Beneficiary It Beneficiary's option, prior to reconveyance of <br />the Property to Trustor ITlIY make fUNre lIlivances to Trustor. Such future advances. with intflnlst thereon, shlMl <br />be secured by this Trust Deed when evic:lenced by promissory notes stlting tlut said notes are secured hereby. <br /> <br />10. Remedies Not ExclllSive. Trustee and Beneficiary. and each of them, shall be entitled to enforce pay. <br />ment and performance of any indebtlldnlm or obIilllltioN secured hweby and to exercise all rights and powers under <br />mis Trust Deed or under IIl1Y other agreement l!KllCUted in COfInection herewith or any laws now or hereafter in <br />foroe. notwithstanding some or all of the such indebtedness lIl1d oblitations secured l'lIIreby mllY now or hereefter <br />be othefwise secured. whether bll ~. deed of trust, pledlJe, lien, _ignment or otherwise, Netther the IIllC1IP' <br />t_ of this TfUlIt Deed nor its enforcement whether by court action or punuant to the power of sale or Othflf <br />powers hamn contained, shall PnlJudice or in any manner affact Trustee '5 or Beneficiary's rIght to realiZll UPOn or <br />enforce any other security now or henilIfter held by Trust. or 8eneficiarv, it being lIfeed that Trustee and Bene- <br />ficiery, and eICh of them. shall be lII1titled to enforce this Trust Deed md IIny othM lllIcurity now or ~after <br />held by Beneficiary or TrUllt.. in such orUer and mlM01' 11 they or IitMr of them lTlIy an their llbsolute discmion <br />~ ... remedy herein conferred upon or rlMfYed to Truttee or Beneficiary is intended to be exclusive of any <br />~ rtIl'MCty herm or by law provided or permrttld. but IlIIlh shall be cumulative and shallbt in addition to tvtr'Y <br />oM.- rtIl'MCty gWtin ~r or now or henilIftllf tJlml"!lllt '- or in equity or bV stlltUte. Every ~ Of remedy <br />PfWidII:IllemundtII' mlS Tnm Deed to Truttee or ~Ic*v or to which either of them mlY be OtherwiSll entitled. <br />!TIll';' be 8l1ercited, OOf'lGUl'rently or i~tly, from t.me to l.me and M often lIS mill be ~ lI!(pedlllflt till <br />Truttee or Benefi>ctflfY and either of thflm ITlIY PUIWII .~istent remedlllS. Noth'fl1l herein wll be oonstrued as <br />pv~ BenefillMrV hom '-i"!lll dllflciellllY ~ ~st the TNStor to the Illtent ~ illCtll:>n is pet- <br />~ by.... <br /> <br />11, !.!:D.~ of mf.ftymnl", ~. If ell Of any pert 01 thfl ~l'Iy Of anll .ntMMt tlw~,"" $Old, <br />t,_f<<1'lIlS Of cor,.....,. by l,'v~ wittloollhnelil:~tv', proor Wf.ttlltl COflHIlt @~eioo'f"il ~allhll ",.lIon ()f a I.." <br />Of ~ 1~1e to this Trust ~. illl tIlE cr"oon 0111 purel'lallll mont!y tlIClJfltV in..."s! lor tioulll <br />~ ~.llli I tf_f~ bv ml5ll, dtIMlmt or bv ~lItiOf1 of '- UllOO lilt dNthol. jom, t!lllent Of (dll!1l1 <br />~1lM @f my Itilt!IIII!Ih<:mi .~ of t~ Yeef1 O' 11m not "ootM"" Itt'l o~.on 10 purchllllll. ~'Hllll:i8lV milll. ., <br />~fOll'iII!'V'S ~11l<"I, dedll1'l1 a41 tnll wms tlIClJr. t,... th.t Tnat ~ '" I~ ,lfjmill!'l.allO'lv ,hAll jIftIj tlllvablll, l)f~,..dlill. <br /> <br />~ ,.'14 <br /> <br />". 0'6 <br /> <br /> <br />