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<br /> by owner's and opars4ars ot similar properties ertd as 6�neflciasy may require for i4s prctection. Trustar wrill sormply
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<br /> wit� suei�o�tee r�qitlr°a�an2s ss�'sc���c��Y �� h�+ time to dme req�s�t tar tC�p p�otection by insurance of 44�e ; �� r _
<br /> 1 n 4 e r e s t o f t h e re s p a a Y f v e psrtfos. !�!l insurarnce Po!Icies mainta;ned pursuertt ta th6n Lued of Trust shall name Trustor ;; �.'=_
<br /> � a n d B e rt e f t c l a ry as insured,as ttt$ir rospactive irrterest moV sppest a�d R��������e r e s h a l l b e n o c a n c a i f�ti o n o� _ __ !
<br /> �c �.•.: c n o d i f l c a t i o n w i t h a u t fittean I15?days prior writeen notiflcaYioc�to Tc►1¢t e a a n d 8 8 n e N N�+i y• �N�e o v a n Y an y p�lic y .
<br /> '° heraunder is not renawe�on or hatore fiftean (151 da�s�rior ta itsi ex�t r e t don d e 48�'U'¢u�r i e a�o c H s n e f i c i e ry t n e y p v o c u re =__
<br />��„ suci�Insurance in accwdans:e v+ritl�the provi�ions of Parsgra�h 7. Tr�im�nr shall deliver 40 6eneficiaN the orlgin�l sY,�
<br />-- __ gaGaies of insurance and renewafs theraof mr copi�of such patict�s and ven�►�vs1a thereof. Failure to furnish such �-,
<br /> ` , ins�arance by Troator,or ronewats as required hereundez,shafi,at tP�e optian ofi E�nsficta�t� �^gUt�ta a dsfault. AU :, .A�.
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<br /> � unearrvsd pramiuma are hereby assignet!to YQUSiee as additional srecurity,snd a sale and conveyanca of the�ropertV
<br /> by the Trustee sh�ll operate tc+convey w the purcht►soe 4he Tn�amr's intafest in a�d to a!1 poficies of insursn�upan �
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<br /> the Trust Property. • .
<br /> 5. Taxes end As�essmas�lA. Trustor shall pay e11 taxsa�nd specIof a�oa�nents Ievted or sssessad e��inst.os �?t.:: .
<br /> due upon,thQ Property b�for�delinquency and v�1ll daliv0r tr��enofiiciary coptmn of rocoipts shflwing peymertt of sucl� �rti;...��.:
<br /> texes and sRecial essessmenEs. `'.-'
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<br /> ' $. Addiit2ono4 Ltens� Trustor shetl rtiake a!I psymantta af intoreat and princfpat,and payments of any othsr charges, t.,,:,.
<br /> feea, �d expenses contractnd to bs paid to anV exloting lien hold�ro or pr�ar beneflaiaries und�y o�nY�A�t�w ic!i V�� .
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<br /> Tns� Mortgage or ather seaurlty agreement,bsforo tt�e dete they are do�L►Qusnt and to pay :,;y .
<br /> �_<<�:'.: herein. • . . - . . ''_:.�--
<br /> ;.s.: - jea�us�izas tha�ecu�its,*S� k mem� fail to da enls.�t ss he�sin -j..-
<br /> ::,; �s 7. p�oyeetion of Ben�ftdaey'�Somtdi�. Should Yrus4or teit Yo maktr�.'Y�Y ,:
<br />.:�•�� prvivided or if eny action or p�oce�dting ia commenced whlah r�tatr�3rieily$ft�s�nef�ai�r/'s lnterest in 4fia PrapertiP. �,`,, .,
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<br /> t�dn�, bu3 no limited to, eminent dams1n. Incotvsnay. srrt�rrsgerrter�t� aE�rroceedinga invaivirsg r�.foankruPY or :;�s fi�l ;
<br /> '`'� .��,isnt,than Beneitciary or T►ustee,bat withaut.ahiigatian to do so,and vli!#�iaut notice to or demand upon Yrustar. . .,.
<br /> .�:.'f�f �i,t,}ithout releasing Trustor from any o4�ligatioe hflr�under, may make or�a the same, end rnay pay, purchase, •`��;�
<br /> •S�;sf . '•<<r,:w:.
<br /> ;,>.�, cotr2est or compromise andy encumbrance, charga o� iian, tivhia4� in the judgemant of either appears to ai�ect atud .
<br /> • Property;in exercis'sng any such powerr�,the�eneftciary or Tquatao may incur e[iabitity and expend v�►hatave►gmoucrt�s, o�A...:j :,
<br /> ;c�.z:iing dIsbursements of�easonsble attornsy's fees. vrhiuSrt in thsir abanluta discret�on may be necessaN• ���e i:�t, `,
<br /> , � a�,that Truator shall feii to procu�e Insurance, fail to RaY t��s and spa�aial�assessments nr f�il io enake anV � r.•-.
<br /> � p�r��ts to existir�g or prior lian holders or beneflciar�es,the Eanaflcfer!mult pmcurr�such insurancfl�d make suc�► '�,.. .�,
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<br /> ;: � , paymersts. dt�s�ums laeurred or expendad by Baneftciary or T�uotse in aucemlana�uvath.the provis�rt�e��the Oaed ot • ,
<br /> ,�`� Trust are se���hsreby and,without c�emend,st►alf be immadla2aty due and payabfa b��Truscor snd sh�lr�bear intarest ��
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<br /> `:r • at t,.T���ats Dr�t't�ed f�r st(vances under t h e Loan Agreeme r n:.p r d�v i d e d,.�n�v e v e r,t h a t a t the o pUon at ttee Benaficiery �:_' .
<br /> ' c;.�r.�usiee,suxh sums ma�!��edded to thts prinafpai(u�fance of e�1!lndubt�3dness secured hereby E►nc�s�f+a�i bear the t„• ,.
<br /> ``� � ���aaterest�s such indeb4edness and sha11 ba psSfnbie ratabh�0i•er�4h�rnmeining term thereof. ::
<br />.��'`?% t�; pss�gt�iis�Y of Rents. Beneficiary shall have the dgh4.�nwn��and�uthority durlRg the cantinus�ca of this Oeed L -�-
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<br /> :�..?�st',; of Trust to cuJir�.s:.the rents,issues and prmfits ot the Propecty,antl t�f�r�nV RSrsaRal proparty�°�d�er�on with.or --
<br /> ' • v�;�;,oui ta(eitig p�ssession of 4he Pr'oPortt!�a�d�erebY.and Y'euo2nr horebV abaatutety and uncoadit�onaity assigns {e:, .`
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<br /> • sii!fu��h rents.Issues end prof+ts to Benaficiary. Baneficlary,however,heroby consents to the Trustor's cotlQCtIofl ond :
<br /> �;: re��ntion of such rents,issues and profits es they nccr�a ond beaome paya6te so Iong as Trustor ia na1t,et such dme, ` �-_..;_.
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<br /> ' ;;�), irs defeutt with�speat to�oymem of.eny indebtednass securod.hereby,or in the performartce ot�rry agreemeni r v,^
<br /> by ageni or bb a receive►to bo
<br /> hereunder. U(ia�e an�such�efauit, ��naficiaN may at eny timn,.aitQter in persan. �
<br /> � ag�Rlnted by e�uR.wnh��t noUce and withaut regard 4o tho a�e�uac�of any securitV�ur the indebtedrtess hereby
<br /> �t�d: (a1 enter u,pon at�e��aka possossion of tha.f�roperty or any porR tltareo! and in its own nftme suo far or u'°:�
<br /> q3is�lmt�ise coliact such rerti�r,�tssuss end P��•�n�W��n��ose past due nnciunP��.�n apPty tfitr.�z�'ie,fess costs •
<br /> �; � ' ;f�rr�t,e�per�gg�a!op�ratian and cottection,[nc(uding tr,�sonabie attorrtey fe�as�r�gon any indebiedns�.�ecured haroby �
<br /> �. .��, ¢�.s�br�auch acr#r�r as�eneficiary msy di�rmine:(b)patform suc9t.e�ts of repair or Ptoiectton es rn�y be naceaseq►flT
<br /> ''.',;�ps ' �m:,�r to�onserve the value oi the�operty:ic)leaso the 9e�n��u'AnV Rert�ereof tor such rental te..rm.mnd upan such =
<br /> "�°''°'�� ' c�xnrcS;�ons es lts judgment rnay dictete. Unless Truator and Bsn�i�clary agree otherwise in writing.eny sp�lication of
<br /> cit�,.. !ssussor pr��its to a�ti�indebtedness secured hereby shall not axtenB ac postpono the duo d�tt�t��!!he instattment
<br /> �:;:��i;'��`; q,¢��r,ceiets s�(�savided in�fza Loan Agreement, and the eppiicntic��thereof as afaresffiet shatl no��pra�iye or cure a�y �'�' •
<br /> �.:;,f� ;^ dio�autt ar rtn�i:aa.o9 default herouador or invsltdato a�►y act dq�Fursuant to su�h ncrt4iar Trus�r also aasi8na to
<br /> -:,:,r, }. $�Qficiary,et�f.uzther securlty for the per�ormance ot�the obligetions seeured hereby,a�l���id er�syts and a11 monies
<br /> ��•• wtihtr::t may.reua been or may hereef4at be deposited wlth seid Trustot by 4ctV tessee af�.'te Pto��.cey,to secure t�o --
<br /> �un,4�ent o!enq rent,end ugon default in thu pettarmance of any ot the�prnv{n.zans hereot,TnraC�u��qrees to deliver ��
<br />`',..,������^. eirc8t renta oqr�deposits to the Beneficiary. Detiv4cy�mf wriston noUce of B�i1��sclary's execciso nt�t�tre riahss granted
<br /> •�����`. herein to ��t�ant occupyirtg safd�premlueu �itail be sufficiont to require aeid terts�sR to �faal seid ront to the �_.
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<br /> •.;�,,e�Y��,, Beneflcisry ttt�u!'.trurther no4lce. • : �_
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<br /> 9. Cond�mnation. If ittto to any part of tho{�roaerIIy ahell 6e taken �n condamnati�n p�ocasQinga, by right of
<br /> -�'�;` os�iraent domein o�similnr �r.sian, or shail bo sotd uRr�er threat of condpmnntir�n,a11 awards,dsmsQo�and procaede �;'..';°'
<br /> °�r:x'� sro hereby assigned and nhedi be peid to Beneficlt�y v,+ho sPoatl apply such r�wnGd,derr�aaos and praeno�ds to the sums �_._.
<br /> �;��:�, • _
<br /> �"� � secured bv 4he DBed of Trust,with tho excess,If any,pald to tho Tw3toe �•> • •.•• • ,
<br /> t�if;: –.--
<br /> 10. Future A�vances. Tha Lo�n Agreoment providoa tor s�vances from 4ime to time to Trustot by Beneftc ary
<br /> ' as provided thereM. In addtuon, upon request of Trustor,Benaficiary,at Beneficinr�l's a�tion,prior to recanvayonce �''
<br /> � nf t,fie Proporty to tho T�ustor�rney make additional tuture advances to the Tru�tor. Such future edvances,with -=�-
<br /> intereat tAereon,shall 6e secured by this Oesd ot T�ust when evidoncad by promissory notas ateting tha4 sald notes �• �_..,.
<br /> � ere securad hereby; provided that at no timo shaU the securad principal and fut�nro advanoes, not includitsg suma r x=_
<br />' :�,;� sdvancs� to pro4act tho security, exceed one hun�tred petcent (100°.`'0) of the orlpinal principal amounta secured _
<br /> • � hereby. ?�
<br /> . . Ail�emediss rovided in thla Deed of Trust are dlsttnct and cumuletive to ez��other !; '.�
<br /> • 11. R�rru��s Cue�ti�lativo P �,;r,:=,
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<br /> � , rigM or remaQy undar thtn Deed of T�ust or eNorded by law or equity, and may be exer�laad Cofle�iRanthl. }-,—,
<br /> �" independentty nr succeasivsiy. �����-
<br /> 12. Accetsratian; Remedta:Seb. A defeutE an�lf exist in the event of: • -
<br /> �� (AD Any fraud or misrepresentatton by the Y�ustor in cannection wlth the line of credit which this QSed of Yrust ___
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