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<br /> satisfactory to the Beneficiarya that in the eveat of loss, �enefaaiary ie _
<br /> — expressiy au�ha�i�c-� �c� �ettZe Qr ��semise claims under said, policies and --
<br /> th� p�oceede thereaf sha11 be paid ta the Beneficiary who may apply t�.e same �
<br /> oz a�ay part thereof on the indebte�ness a�cured he�eby or to�rard the �y
<br /> reconatruction or repair of said buildings auad improvements or releaee same �_:
<br /> to the T�ustor; (e) to pay anY lieia. claim os charge agaxnat the Property
<br /> which might take precedence over the lien h�reof; if) to pay on demand all �V`
<br />�•' 1ega1 extaenaea, title searchea, apgraieal oac attorneye' fees reasonably
<br />� inaurred or paid by Beneficiary to collect the Note �r fogeclase or p�rotect �
<br /> the 2ien of thie Deed of Truet; (g) that in the event Truator shall fail to �
<br /> comply with the proviaiona of (a) through (f) �bove. the Heneff.ciary maY _
<br /> expend euch funde and take such actio�,ao f� neceeeary ta remedy auch failure �
<br /> and all eums paid l�y the Heneficiary pursuant hereto with ix�tere�t ae t�e
<br /> rate hereinafter pro�v3dec� s�all conetitut� a lien upon the Property, ehaZl be _
<br /> aecured by this Dead of Truet, and ehall bs immediate3.y due and repayable to
<br /> the Ben�ficiarys (�a) nat to s811 the Property or any poxtiea therea€ withaut �
<br /> � the approvr�l af the Beneficiary ia writing= and in the event of any eale _
<br /> ' herein prohibited, then the eatirQ iadebtednes� �ecured by this Deid o�h�if �
<br /> � eha11, at the option of the Beneficiary, become due and payable; _
<br /> � the ProperGy or any part or p�rcel thereof ehall be taken or damaged under �._.
<br /> t�.� powez of eminent domain, the award for aay Property so taken o� damaged
<br /> (fncluding aeverance damages to the rema�ning premisea) ahall be paid to the r_.
<br /> � Ben.eficiary aad applied in full os in par't at the option of Che H�ueficiary =
<br /> fa reduction of the indebtedneas hereby eecured; (j) that the Beaieficiary �_
<br /> sh�.l have the right to inapect the Property at euch reasonable titnes ae the �
<br /> � • Hen�ficiary may degire to determine Trustor'e compliance wit8 the covenanta —
<br /> cc���ained in this Deed o£ Truat; (k1 �hat the Beneficiary may xelease from
<br /> t:��. .�.ien hereo� any part or parce:� of the Property without reqeaising anlr _
<br /> ��I' can�3deratf.on t�ierefor, and (1) ��hat Truetor is lawfully seize�. of eai.d
<br /> =�rti�r �:'..
<br /> ;.,,�.� ,.,, p�,e�nises and Property in f�� sim�Ie, that the eame are free fro:^ all liens --
<br /> ,�.k9�t . �3 encumbrances except a� �ag otherwise be specifically noted herein or _
<br /> �-•>,� �''�� s�.T,rr�d in writing by the Beneficzau�r; that Truetor will execute cr pracure
<br /> ..:. .
<br /> .;_ v;:. � a��?:3�uxther neaeeeary aeauranc�s �� �itle and does hereby warr�at ��neral y .
<br /> ,:.,��� the.:'title to said Property and 4v�.�1 forever defond the eairce a�aanst the
<br /> alaims an�� demande of all persons �+.'»omaoever, asa�l• that Trustor's aeparate
<br /> es���e, whether vested, contingent .s�g. in eazpecta��y. ie herriiy conveycd and . -
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<br /> � T�zcr�or dces hereby expresely wai�r�� �ele��� all xights aud beaefi�.e of any
<br /> �cc��tead, dower, curteay, aPPY�-��t� exempt3�. and etay la�� �f�ove =
<br /> � s�.��e. It ia agreed tYxat the int�+e�t provided fa� in eubsectio� .:��) .
<br /> �;.,,;'�. : shall be at the same rate as s�a�i�ied in the Nat� securecl hezcby on �he
<br />`�l��� principal thereaf after de€aTalt .�d maturity.
<br /> .'��>i�t:
<br /> �ECON�?. In the event Trust�, wi.thout the p�3.or written _��naent of
<br /> � � F��i�,��iciary. shall aell, transfe�.�r coaavey or co�t�aat to se�l, .w�efer o�
<br /> � convey tk� Prop�rty, or any part thereof or any intereat th�rein, .•�sz entire
<br /> ' balance �►� the f.adebtednees hereby s�cured �hall become and be immediately
<br /> due and payabZe at the option of BBne£iciaz�y; provided, however, B�neficiary =
<br /> ,, miw�,� waive euch op�ypn to accele��te if, prior tc� euch eale, t��nafer or -_
<br /> ' , �.��anveyance or �en�ract therefo�., Benefi.ciary an�I t4�e peraoa � 'that the
<br /> ` 1`'��,'r � �roperty is to be �old or trane��.x'red reach an agreement in writi�g
<br /> �'�r;��'�� ��� �xedit of auch person is ���i.�a���tAZy to Beneficiary and that the imterest `
<br /> ;:�ir��it�` � ' ":" �yable an the sume secured b� �iaie Deed of Trust shall be at ouch rate as ..
<br /> •��'-��2:' ��. � g��eEicf ary ehall request:
<br /> �`'�f�a#���
<br />"'��t��.i �
<br />-:��;,?��4, T�?R�. That ae further security for the payment of the�I��'�C� and t e
<br /> �i!%��,} indebtedneas thereby evidenced and the performance of �11 of �he terme,
<br /> covenanta and conditions hereof, Truator agrees that BeaLEfcsci�ry eha11 and
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<br /> doea hereby have �he right, pov�r� and authority during the coutfnuance of _
<br /> thfe Deed o� Trus�t to collect tne rents, ieeues arx� pro€its o£ t�.e Property ___
<br /> � and of any personal propertf located thsreon with or without taking
<br /> •� ���:�.,,, po�8esefon of the property af£ected thereby; and Truetor hereby absolutely
<br /> and unconclitionally assigna all such renta, i�sues and profits to Beneficia-
<br /> � ry. Beneficiary, however, hereby consents to Trustor'e collection and
<br /> � - retention of euch renta, fesues and profits as they accrue and become payable
<br /> � so loag as Trustor is not a.t euch time in default with respect to payment of
<br /> � . axiy indebtedneeB secured hereby or in the performance o t me e�herein -
<br /> • � hereunder. Upon any such default� Beneficiary may at any
<br /> � p�sson, by �Qe11tio or by receiver to be appoi.nted by a court, without netice
<br /> � � ,s�d without rega� to the adecyuacy of any sec�ity for the ia.debteclness _
<br /> ' � ,.��� hereby secured ta) enter upon �n.�1 take posaeaeio� �f th� Psopart� �r any part
<br /> � �`�`��:� thereof and in its owai ��.�:� s�z� �or or othes-�nise ca'�lcc+� ��:clz ��nta, fasuee
<br /> . � and prof ita, including those pa�3� due and unpaid, and a�g?�ly t�� same, ?eas
<br /> ..' . .� .. . . � . . '�.� . , • . . - � ' ,. . ., K ., . . .
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