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<br />I
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<br />83-')05150
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<br />7. Taxes and Assessments. Trustor shall pay all taxes and
<br />special assessments levied or assessed against or due upon the
<br />Property before delinquency, and will deliver to Beneficiary
<br />copies of receipts showing payment of such taxes and special
<br />assessments. If Beneficiary shall so request, Trustor agrees
<br />that there shall be added to each periodic payment required to
<br />be made hereunder an amount estimated by Trustee to be
<br />sufficient to enable Trustor to pay, at least 30 days before
<br />delinquency, all taxes, assessments or other public charges
<br />against the Trust Property, the Note secured by this Trust
<br />Deed, or upon account of the debt or the lien of this Trust
<br />Deed, together with premiums for insurance required to be
<br />provided under this Trust Deed and no interest shall be pay~
<br />able to Trustor in respect thereof. Upon demand by Trustee,
<br />Trustor shall deliver to Trustee such additional sums of money
<br />as are necessary to make up any deficiency in the amounts
<br />necessary to enable Trustee to pay any of the foregoing items.
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<br />8. Additional Liens. Trustor shall make all payments of
<br />interestand-'p';::TncTi;a1 dnd payments of any other charges, fees,
<br />and expenses contracted to be paid to any existing lien holders
<br />or prior beneficiaries under any prior Trust Deed, Mortgage or
<br />other security agreement, before the date they are delinquent
<br />and to pay any other claim which jeopardizes the security
<br />granted herein.
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<br />9. Protection of Beneficiary's Securitv. Should Trustor fail
<br />to make any payment. fail to do any act as herein provided, or
<br />if any action or proceeding is commenced which materially
<br />affects Beneficiary's interest in the Proper'ty, including, but
<br />not I imi ted to, eminen t domai n. insol veney, arrangements or
<br />proceedings involving a bankrupt or decedent, lien fore-
<br />closures, then Beneficiary or Trustee but without obligation to
<br />do so, and without notice to 0[' demand upon Trustor, and
<br />without releasing Trustor from any obligation hereunder, may
<br />make or do the same, and may pay, purchase, contest or
<br />compromise any encumbrance, charge or lien, which in the
<br />judgment of e1 ther appears to' affect said Proper'ty; in
<br />exercising any such powers the Beneficiary or Trustee may incur
<br />any liability and expend whatever amounts, including
<br />disbursements of reasonab] e at torney's fees, which in their
<br />absolute discret ion, may be necessary. In the event that
<br />Trustor shall fail to procure insurance or to pay taxes, and
<br />special assessments or to make any payments to existing or
<br />prior lien holders or beneficiaries, the Beneficiary may
<br />procure such insurance and make such payments. All sums in-
<br />curred or expended by Beneficiary or Trustee in accordance with
<br />the provisions of this Trust Deed are secured hereby and,
<br />without demand, shall be illUllediately due and payable by Trustor
<br />and shall bear interest at the maximum allowable legal rate;
<br />provided, however, that at the option of Beneficiary or Trustee
<br />such sums may be added to the principal balance of any
<br />indebtedness secured hereby and shall bear the same interest as
<br />such indebtedness and shall be payable ratably over the
<br />remaining term thereof.
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<br />10. Assignlllen~,ol~_~~nts. Beneficiary shall have the right,
<br />power and authority during the continuance of this Trust Deed
<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
<br />and profits to Beneficiary. Beneficiary, however, hereby
<br />consents to the Trustor's collection and retention of such
<br />rents, issues and profits as they accrue and become payable 50
<br />long as Trustor is not, at such times, in default with respect
<br />to payment of any indebtedness secured hereby or in the
<br />performance of any agreement hereunder, Upon ,my such default,
<br />Beneficiary may at any lime, either in person, by agent, or by
<br />Ii receiver to be f~ppointed by a court, wi thout notice and
<br />wiLhout regard to the adequacy of any security for the indebt-
<br />edness hereby secured. (a) "nter upon and take possession of
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