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<br />84- 00a9S8
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<br />2. Title. Trustor is the owner of the property and has
<br />the right and authority to execute this Deed of Trust in respect
<br />to the property,
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<br />3. Taxes and Assessments, To pay, when due, all taxes,
<br />special assessments and all other charges against the property,
<br />before the same become delinquent, and, in the event Beneficiary
<br />shall so require, to add to the payments required under the note
<br />secured hereby, such a'mount as may be sufficient to enable
<br />Beneficiary to pay such taxes, assessments or other charges as
<br />they become due.
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<br />4. Insurance. To keep the improvements now or hereafter
<br />located on the real estate described herein insured' against
<br />damage by fire and such other hazards as Beneficiary may require,
<br />in amounts ,1nd comp.1nic$ Zlcceptable to Beneficiary, and \-"ith 10,ss
<br />payable to Renef iciary. In case of loss under such policie;s"
<br />Beneficiary is authorized to adjust, collect and compromise, in
<br />its discretion, all claims thereunder and, at its sole optionr is
<br />authorized to either apply the proceeds to the restorationcrt:the<
<br />property or upon the indebtedness secured hereby, but payme"nt;s
<br />required by the nc.tc :;hall cGnti;-ll.H~ ,.i.ntil the sums secured he:e.by
<br />are paid 1n full.
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<br />~. Reoal r. Haintenance and Use. To promptly repair"
<br />restore or rebuild any buildings or improvements now or hereafter
<br />on the property; to ,;eep the pl~operty in good condition and,
<br />repair, \.;i thout waste ann free from mechanics or other lien.s not
<br />expressly subordinated tG the lien hereof: to not make, suffer or
<br />;H~~rnit any nuisance t.o pxist. nor to diminish or impair the value
<br />of the property by any act or omission to act; and to comply with
<br />all requirements of lrlW with respect to the property.
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<br />6, CondemnatJ.on. In the event the property, or any part,
<br />thereof, shall be ta;.:;;;n by eminent domain, Beneficiary is entit1.ed
<br />to collect. and recei'\le all compensation which may be pa-i.d for' {UlY
<br />property ':aken ?r ~(n damages to, propert'( not taken I ~nd, aenefi~
<br />cJ.ary shall dPp.t'J sl..:.cn compensatlonl at itS optlonr eJ.;the,r t()-_ a
<br />:eductio~ of the indebtedness secured hereby or to repair and
<br />re~~ore the property so taken.
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<br />Bel"lefici<lt"y may, but shall
<br />have no Trustor has agreed but
<br />fail~:d t,0 dOt and Bene! lciary mdY also do any act it dee.IRS
<br />:1ecessary t.o prote(:t: the } ien hen~of ~ Trustor agrees to r~p,ay"
<br />upon demand! any sums so cY.pended by Beneficiarv for the abov'e
<br />p~rr)oses, and ~'iny sum so eKpended by Beneficiary s-hall be a-dded
<br />to t:he indebt(:dness secured hB:reby and become secured by the. lien
<br />h€Lreof. 3eneficl..:iry sbaJ.l :10t lilcur any personal liability
<br />because 0f ~nythlr~y it m~y do or oroit to do hereunder.
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<br />" Beneficiary shall have the right,
<br />F>o\,;er and continu.:iDCe of this Deed of Trust
<br />\.:.0 ;.:c)llect the rer.t-s, lssues an.d t?rc,fits of the propert.y and of
<br />,~nv t'>B!'se'ndl property }oC:dtel~ t.hereon w'ith 01" without taking
<br />~,)~,'~.',:~,_:~~ jf..."tC'cl,~)~",! .~,1..~._-;~ t ~.'_,e.., ~'~.',~~"i1I:,t2 l~.t..:.~~ < ~ :, f ec te.d he r"~by, Cl nd Tr.u 5 to~ hereby
<br />~ _...._~. _ _ _ ~ ~~ ....-.0- ::...S~"l'::jli5 all :,U(-~'l :-etit:s/ lssues a.l'ld
<br />PI"O;':lt.!:-; Lc.. BeLef:i; i~lt"'i- T--',er;f:fici{~!ry! howc.vect hereby consents to
<br />Trust.or's ,.::ol1.ec'Llon and _reten.tlon ,")f such rents, issues and
<br />profits as t~jey accrue dnd become able, so 10f19 as Trustor is
<br />i'.lotJ at such time, 10 default ....'i respect to payment of any
<br />tnde.bt.(i;dness see-ured hereby,. or in t~he perforrrwnce of any agEe-e-
<br />ment hereund-er~ If any event of defau.lt described hereafter in
<br />re$p(.~ct to this Dt:ted of Trust ~";hdll hc1\-'€' occllc.red and be con-
<br />tinuing, Beneficia r as ct :natter of rIght and without notice to
<br />Trustor or anyone iminq i.Jnder Trustor j_ and \.;: thout !".f::'qard to
<br />the v~luE' of t_he trust festat.e- or t.he ~ntel-t-)~5t (:>f th€ 'r;ust"L'l:
<br />th.r~inl shall ~ave the r~ght to to any court !18ving ~uri9-
<br />U;tct.l\:>f"l to t1)PPQlnt a recelver' of property.
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<br />9.
<br />tlV-f~-S or
<br />ti.{,:u'':/n or 1.1\ any pQ'Ct
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<br />BenE~ficidry, or J.ts d9(~nts, representa-
<br />authorized to enter ~l any reasonAbl~ ti~e
<br />of the prop-et't.y for t_he p\JtPQ.s~ of lnsp~:>( t l.ng
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