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<br /> h�y owner's trstl�peratoro of similar propnrtieg end as BaneflCiary may requtre tor its pro4ection. Yrustot wiN compt�t : �.�•4a•
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<br /> � veitl� such othsr requltem�tnts es �ereefic�ery n61► fr�m tima to tima re�usst for th� �rot�cttor� by insefrence of ths `•,::t�.,'
<br /> z�r.;:�._
<br /> iMsrest of ct�a rns�va p�8g• Afl insurana�policies meir►ta�ned pur�uant to this Qeed of Trust shafl reama Trustor �;.x;;��f}•
<br /> 3
<br /> pnd gsnesficiary es insuted,as thel�res�estide inte�erit mey appear and ptovide that tRsre shafl be no cencettati�n or -:���;;�,.;
<br /> madificeiton without fiftesn ltbl daY�prtor vssrttten rtotiflcatton to TrusRee etid�ert�fcciaty. IN the ovent eny Q¢ticy •; ft�
<br /> hereund�r Ls oot rertswed on or before fifteen(151 days pdmr to its ex�Oiratlon date.Tru�as ar Barte�iciery may pracurQ �4��' .<
<br /> such in�ue�s�c�in accordance wi4h tha provisiona of Patsgraph 7. Trustor shsfl deliver t� �ertei�ciery t4�a o�i�ina! �`_ �;
<br /> pa�3cls�pf instrr�am�reess�v�ls thereaf or capies of such¢alicios a�d tenewaSs thereof. �ail��o t� furmish such
<br /> irtsurancs by Trusto:,or�anewals as requiee� hereunder,shati,at the aptton of Berte�ciery, constitaet�e dsfsatY- All ;::_
<br /> unearnad psemiuma sre h�reby assi�ned to Trusteo�s addit�onaf seaurity,and a sale end canveya�nce of the Fropott�/ "*.'ti��.
<br /> by th�Trustee si�sl!operate to convey to tha purchasea tha Truritar's interest in end to ati palicies of ins�ranao u{ron : ,
<br /> the 7rust Proparty. '�y.
<br /> S. Tsxas and AssessinanSa. Tnes;tar shatl pay atl tsxes artd spacial assessmonts levied or asssssed againat>er .�;:;�;:
<br /> �'i,.� f
<br /> due upon,ths Propar4y befare dsl3nquenay and will doliver to Beneflciary copies of rea:�ipts showing payment o4 such ���5�_
<br /> taxes end spociel assessments. ���:*:
<br /> .,�� 6. �1dEitiana!Ltens. Trustor shall rnake alt paymenis of iMr3reai and principal,and Raymo�ts of any other chatges. � ; _
<br /> fees, aRd expenses contracted to be paid to any existlrtg lien holders or prior beneYicieriQS �nder am� prior Deed of
<br /> Truot,Mortgage or otf�er uacurittit egreemortt. hefere the duta they are defiaquent and to Ray anV oihssr.daim wi�fch �;�c;,..'
<br /> jaopatdiass the security Qranted heteic►. •`.•.
<br /> y. �r��Q�.��gq���•�S�auriYy. Shoutd Trurtor f�il ta mako anV Rayment,faii to da anV ect es hatRir� f .---
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<br /> � provIded o�if arty s�an.ar proceeding is commenced v�hich materialty af€ects�aneffciary's tnierost in the Fro�tQt�F _ :.-:;;;
<br /> in�luding, but rnr-lirrritsxt:ta. emtnent domain. t�ualveacy, arrassgemer�vs ar proc3e�ngs invotv�ng a banEstu��c�r �;�:. �
<br /> decedent,then E�tsr�ficiurV a�Trustee,but writhout ohligation to do so,and viiiftout nat�ce to or demand uRan Tru�'ii, . : ;��s;.:
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<br /> " end without releasing T�vater from eny obligation hereu�der, may meke cr do the same, artd rtraY PaY. F�����:.�
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<br /> � contest or coa►promise andy ertcum5r�nce, chatge or lien, v�htah�in the judgoment�f.either appears w af�QCt ssrff�� --
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<br /> �:�';. Property;in ex4t�isin�any such povrera.thn F.�neticiary or Trustr�a inaY incur a liabilib/and av�nertd�vhatovee amaunS��: �.;:
<br /> ,��`�, inctudtrtg dluBwIIarrtents of reasonab{a ae¢arc�AV's faes, wirtich in their absolu3e discrntI[�rt.it?ny be necessary. !�ti lfxu
<br /> ,;�:� event that Trecstar shati fail to procuro inn�ran�e, fr�ii to pay taxes and artacial assest�v►�nts oc fntl to make any '`,
<br /> , peymenYs to exirsting or�riar lien hofders or�enefiaiarft�s.the Ben�sficisey m�t Rrocure such�nsur�naet aritLr'taie�3uCb'� °:� _
<br /> payments. Ap nwns incurur�d or expended By Qarteftaiary or Tr�stee in accQrdunce wiYh the provis"sbrs�t°tttie esect�a� •- �;��
<br /> Tntst are sea�ct�h+srebv and.v�[thout demand,shaH be immedit�lq due�ns!psyable bV Traistor and shaii benr 1rr�:i�. ���
<br /> at the rate pravtcf��r!for edvances undor the Loan Agreement;Rmvi�d,howevar,thart ai the option of tho Bena�sxax3r�� �"'
<br /> ar Trustes,such sums ms�+�be added to this principal btilance of.�►�IndQbta��rass secu�ed hareby end shalt bet+r if� �I�n:;
<br /> same interest as such iRdubtrta[ness and shalt 6e pa�lahfe ratabiy ov�P Yhe r�srtavng term thereof. . f»-
<br /> . 8. Aasigrtm�re4 04 Rentc. Benoflaier.�shetl have tiTe right,pe�r�r end autiso��/durin�t3�e continuance of this�c�r:�S� ' y�:�
<br /> of Trust w coltact Lhs rents,issuefl and prniits of the Property rr�d:af ary personat Rra,t�'�5►located tharoon vuE�4,.ar _�_:�
<br /> wlthout takl�efl�possession of t�te�roparf!��ei�acted hereby,c+nd Trvetor hereby absoiutei��d uncondittonafly�ss��ry�rs..
<br /> a1l;nuch rertts,tusues and proflts to Eenofiiaitiry. Bortaficier�,itaurver.hareby conserKS to tho Trustor's coftecttom�[�� _-__
<br />' roten¢Ion of such rents,tssues end profitu es thsy��aa�nuo an�'bacome payabla so long as 7'ru$tor Is napw�t such tirr�s�;
<br /> � in defa�it wlth respect to payment of any indebtednass seauad herehy or in the psrfortnanse �f�c� 8gseest^.�t
<br /> hereundar. tl�ron any suet�dofaui� Ranef+ciary may at eny ti�c�, ei4her in person, by aa�ra or by� reeelver r�a t�,
<br />�` ��` eppoinY�d bv a�.aaurt,vrithout noUae end vrithout regard to tha sdequacy of any security for 4he indebtedrtess�x;��.
<br /> secured: (e) et�ter upon ctnd take poss�sion of the Property or any part thereof end in its own name sua f�'�r� ,. � �:-,==-
<br /> atherwise coilsct such�r4ntA, issues and proflts,inctuding those past due aisd unpaid,an apply the stima,tess�iti�s.� .,°;'t; .,:
<br /> snd expensen of opera4ta�s,t�nd cqlles�nn,includin8 reasonabte ettomey tees,upon any indebtedness secured h3��:��� .`'� ;4� ���`
<br /> , . t�cr.r�:n as m be necessacu«�r � � =�:.
<br /> ��;,.,,. and in such otQar as Bene{idr,r.�p�rrls�Y dat3armine:(b}perfoem sucte acts o4 repair or pro al/ -
<br /> ' . grnper to car��serve the value oi=tiu�Ai+r;�.`sty:(c)iease tha sarsie�a r�ny part hereof for:.r�ts,antel term an�!upore�nirclh�• r
<br /> c.�ndittons as i2s judgmeni mny dictatct: Unl�ss Trustor snd Berte�aciary agree otherwise Pn w+rltln,�,eny applicetlon c?Y
<br /> rs;rts,i:�suos ot profits 4o any ir�deDtedness secured heroby shail not extend or po�tpore the due date of 4he instai(ment —
<br /> � ��yments as ptovided ir�tho losn AgrPement,end the application thereo?as eforesaId shaif not waive or cure eny _
<br /> � dafauie or noiice of defautt hereundac arr i�vaildatm any act der.e puruuant to uu�h notice. T�ust�r a1s�asstgns,to �-
<br /> Beneftclary,es further aecurity for th�Fsrtormanco of the oh11g_uitons secur�d hereby,e11 prepatd rents�nd aU monias � ;;,_
<br /> which msy hev�been or.msy hereaftor bo deposit�with set�Trustor by enY�esse0 of the Praperty,to secure the __°
<br /> payment of any rent.and upon default in the pe �,.�nce of arry of the pra�rlslons h�roof,Trustor sgreea 4o deliver ,, �,,`
<br /> such rents end deposit�to the Beneficiary. Detive+�ps ot wrltten notice of Be��e�lciery's exercis�of the rfght�grented
<br /> , herein to any tomm�t occupying said premiaes st:s�S be suffcient to �eauire aaid tertant to pay eaid ront to t�o ` . �_,.
<br /> � Berteficiary until turthar notic�. �
<br /> g, Cons��emna�tlon. If titi0 to any part of tha PropartY sholl bo takon in condemrtaD� pros:eedings, by ri�2 oi:
<br /> eminan4 damain or similer actimn,or ahaU be sold unr�sr tfireat of condemnation, atl av�uc�s.,damages arsd praar�ci�3 �"`
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<br />• src�heraby assi�ned an�shall bo paicD to Bsrt�flclary v�ho shall eppfy saeh award,damages�.nd b�r��to thm�ercns �;�;
<br /> secured�ny�tte Oeed of Trust, wlth thn excess,if any,paid to the T�ustor. �___ .
<br /> �� 10. Fufwg Adv�rta:es. The Loan AgrEOment provides for advences from time 4o ti�e to Trustor by�enQ�a�ac�►
<br /> '`���`��` as provlded gt�tlfoin. Ifl eddition,uR�n requost o!Trustor,Bertofcciary,at Beneficiary's eAtion.Prior to reconve�s�e _�'—�_--'"�.
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<br /> of th9 Proporty tca the Tr�cstot,.may make eddittonal future adva�coa to thQ Trustor. Suah future advancas, wi3h �-�-�='
<br /> • tvetQrest thereon,s4�all tte secured by this Oead of Trust v�rhen evidenced by promissory notes stating thet snid notes
<br />•�` are secured hereby;provided that at no time shell the securad principal and future edvances, not inetuding sums _.__
<br /> �� advanced to protect the security, exceed ane hundred percent (10096) of the aviginal p�incipal amounts sacurEd • �'- -
<br /> . c _.
<br /> hereby. _
<br /> � �1, R�rtNdias Cumulativs. Ail remedies provided in tNs Qeed ot Trus!are distlnat and cumulat�ve tq.aqy other =-
<br /> . right or remedy under this Qeed of Tru3t or af4orded by law or equir/, and may be exerciaed eon�urrenuy, t,r�.
<br /> independentty or successivety. ���-
<br /> 12. Accetsratian; Rertim�ic�;�ato. A dofauft shatl exist in the event of: -"
<br />_ ._ IAf A�y iraud ar misreRresent�ttar+ by tho Trustor in connaction with tho lino of credit which th3s Dee� of Truat ���t_
<br /> �. � secures; ��t_
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