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<br /> . . TO PAOiECr iHE SECURIiIf OF?HiS TAUS3 DEED.7AUS'fOR HEREBY CpYEN1�KT5 AND/ICiREES AS fOLLOW�: ' . � _
<br /> , i.�AYIIEJR OF iRNK�AL AND WiEHEST.Trustar Stwi1 P��+O�Y OaY�n due flrel prinapal ol and intuest on the iade0t�dnist wi�tfc�d b1l ..
<br /> tlN No1�.�nd aN oUNr charges and f0es as protrided in the NOte.and the priaeiDat of aaf iM�tesE on any Fulwa AQvanCesseturW Ry dtis Ttwt OMO.
<br /> --- 2 OF nT�.�-Trusta islawfuRY seund antl Pussessed ot 9�d and indereasibb Gtb and asnte to tAe Prapeitll he�sbf►cvnvsYad�nQ-
<br /> -- — - -= hst tl�ri�M W Qanf end oar►ve11��P�Y���P�!►is free and clear oi sll Gens a+b eapmibraatees ezceRt I'rona now tlf record:s�TtusLO��_.__
<br /> wacrMri and Qelend fhe ti1le to tM Piroperry against alf cl�ims and Oeman�.
<br /> 3.MANTEMANCEANDGOMPI.WiCE1MITH I.AWS.TrwtarshallkeepthePrope�ryingoadrapairandoond�ian andahafl�otcanmitwasts or pmnit
<br /> -- �,�a���(�e pruperty and atiap mmpty with the provisions ot any fease it this 7rust QeeQ is on a leasehold.No imProverner►t no�r .
<br /> _- a tMreaRar ereae0 upae tf+e Propacry sha11 be aitared.rcrraved a Oenwfistied without the P�written cansent W Bane�iaa�Y.Trosta shW comPM�ith,;
<br /> �II t�q.adi�.rsgu�atiarts.�ve�a�.canditiorrs and�saietions aefeaiag the Propercy and not commi�sufter a►pe�rmit any act w be eone.in a.
<br /> - upon the Prop�tY ks viWation of ei►Y(aw.a6nance.regulatior►•covenani.conditfon a rc.�lrictlon.Trusta sliall compkte or testue promptht and in good
<br /> wotWnar�milnr�arMimpro�ee�t�e�nan the Pioperty�mayDedamagedar deSaoyedandPaY.wnen o�e,au�aa�inarara�pwr«meeanamaoe�rs
<br /> ftrnisfnd d�etOr and f��ty�alterdtiart5 thBrCOf.• . : '
<br /> - 4.Ri�tlRAN��.Trussor at its exDense'1�t ma��'r?�ifr�iuum►s aPP��dY��azll.insuranCe with respect m MB impfOVements and persaea!•
<br />-�.n,; proprly.�i�uAin9 the►PrapertY�a�s��ila�+�C`#�-�'��tornado.anA pl(iHr peri(S 2nd hatatdscovered by standard extended oovxa9e indorsemen[: _
<br /> in an an�rn'��Ny to at lea�one hundred�eC�"�,t`!G�';�::af the fuli reptacement vatue thereal art�in"avrance�gainst sueh othe►t�zards and in suctt:• _
<br /> amonnlx asiS.custamarity cartied bY owners arG�'�:�s�oi simitar DnnRerties u as Ber�eficlaryr may requue ta iis P�otecaaw.Trusta wa6 eomMY wi►tf
<br /> su�athit'�kanentsasBenaficiarymayhom'_i"r"��{z4marequestfatAeP�oteet�rtb3fins�anceoftheinterests4ftlfetespectivaPa�e5-A4�surance — -
<br /> pofidet maiM�ined purwant w this Tnist Oeed sha5t:la?#a:7rustor and 9eneficiary as inwred.as tAeir respec6ve interesta m�y appear.and Pr�Weih�t,�. --
<br /> ,•.�� 1lNr�tbenoqneeNationarmoddfiqtionwithout2ttea�t?SttaysVrio►writtennotiKeahontoTtusteeenQBeF�fieia�!►�YPr�awChinsurancet�t�adance�.;.� =----
<br /> wAA th�prorl�tions oi Para9►�ph 8 Aereof.Trustar st►a0 delitier to Beneficia�t the originai Paicies af insuranee and tenewats ttbreoi a mema�:opies Qirr : --
<br /> weA poYcits and renew�ls the�eaf.Fa�e�tturr►ish such insurance by Trusta.or renewats aa rsqurted.hefeunder Shall.�t ths optiae c��ffciyy. �
<br /> : ca�ihJO�sdMault. ::. ,._i; ° • ..;• �- :<��'_ �_------
<br /> ,,c;: 5.TAxES.ASSE8SIElITSAlpCF1ARGE5Tr.�rs..allpayaUtaxes.asses.,rtientsandother�harge�.jad�dtng.withoutlimitaGOn.fine3as��?it'tposidons 4}"��,�`
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<br /> atl[i6ufaDk W ths P1'ope�tY 2nd teasehdd pa�rrta^�cr gc�!renta.if arty.08tora the same6eeom9 d8ltrtquent.Tnistol Shatl pramPtly tum�st!SG�tl�aazSf i<��� -
<br /> . ' a1FnWicesotamountsdueunderthispara�'aDi��'?=:�"3'"�e'ientTrustast�atlmakepaymenl�rectly.TiustorshetlpromptryfpmfshtoBenehe�arqreeei�ES�• : -_-
<br /> �;• � ey,i0er�,qng�uch payments.Trustor sha;Cp2;;�t,'.��a^+1 essessments which may be feviea apan H�neficiary's interest�erein ar uaan this Trust Eke�f� ,-�_ �..,�
<br /> - - _:: without regard to arry law thdl may be c-s?�:,"'�.t�i?r�a'�t9 Payment of the whote a any part thereof upon the 8eneficiary. _
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<br /> ''' '` '-'��+� 8.AODIiIONA!LIENS ANO PROFEC�I�R i9F BE�FIGARY•S SECURITY.Trostor shail make atl paymeots ai interest and prineipal and payments „_. . �_
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<br /> . �i -r�: ' pt pny pther eharges,tees and expenSes ca���?y��±.��pa(d to any existing or subseq,ueni lienho(der or 6enefiaary.unaer arry axisting or suhseque^i;,.' ' " f i;;`.:�:
<br /> nqrtga�s ur truat OeeQ 6atora the date tHeyr ase Qe&�R�a�,ar in detault,and promptly�7a�f3r.s?disCAarga any enA efl Other Gens,etairns or ebarges vrAi�?c:�:, s�s"•-*'-�-
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<br /> � may J�opardize Me securicy granted here"n.tt Tcustar;ai�sio make any such payment�;��s to peAarm any o1 the caven�nts and agreemeMS coniatne¢= :• ��;�x�-4��a
<br /> � � � "'��` in tAis Trust Deed.a tne hare reterred�a'rA;ein,or in any prior or suesequent trust aeee.ar if any acUan or proceeding iqrAmmenced which material[y '�
<br /> . �.;�� ' V a}(!Gq BeMftci2ry's mterast in the Prc�^i'.�'Tr�1a(ng.but not limited to,eminent damain proceedi�gs•AsoceeMings imrolvi»g a decedent,notice of safe r y�_:.u;:.
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<br /> • °j� _,'� `. , pyTrustas.notiCSafdetaullDyTrustee.�m�r;afgbf6reclo5ureacllon,aritTrustatailsfopayTrustot'8deb1S3aqetatlyastheyl�9comoAue,th�r►Beneticiary. F,,.,,;
<br /> r ° .:���'��n� .-•:;:- r ne�euna�: makesucnapvearancas. .
<br /> ...Y`"r��,�!��:a; : ".. at 8endiciarY'a option and withoul radce to ar qemdnd�r Trustor andwithou!releasl►►3.�usto�fram anit 9bG9��+ ��Y. ,
<br /> •� ;.::�-;.� ;'. �... disburss aucli sums and take such action as is neCe��rs protea Beneficiary's lnterest,:..ci�ding�twt not limited to.distra:slrnetri af reasonabls at0ort�ey's . .
<br /> - � • ' (ees,payment,purchase.contast or compromise of artyreneumbrance.charge or tien,e�1y ypqn tQe PropeAy to make iqpairo,w Cec�a►atan ot delault
<br /> ;�� _'�r'� ` unMr thisTrust Oeed•In the event that Trpstor shaU tail to procure insurance or to pay taxe&.a,ssessmerrts,or arty othar charyes or to mako any payments � _
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<br /> �s�.!���,•; .,.� � . to arry exlsting or subsequent IienholCera or extsting or subsequent beneficiaries,8enefic�ary may pracure such insurance anC make au:h payR►em.but
<br /> _'�,ti•;:��_. ;: shallnotbeobligatedtodoso.AnyamountsdisbursedbyBeneficiarypursuanttothisParagraph6shaUbecomeadditionalindebtednessot'ris;torsecured
<br /> ,;- � ' by tQis Trust Oeed.3uch amounts shalt be paya6te upon notice hom Beneticiary to Trcrstor.requestmg payment thereof,anq shall bear:ns�r2�]frmmthe.,
<br /> .;;r .'N• - . '�" �` dateW deburtemam at the rate payable hom tima to tima on outstan0ing principal unQec J+e NOta untess payment of interast at such rate wouidbe^artr�f"' �
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<br /> •�'��'---� "� toapplicebletaw.fnwhicheventsuchamounisshallbearinterestatthehigheslrateperrr�ssihleUnaerapplicabtelaw•NothingcantainedinthisPa.�ayrp!`•i� �
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<br /> � �'-v�=•:�s• 8 sha0 requtro 8eneticiary to incur amr e�Dens9 or take any aalion hereunder. �
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<br /> ' ��'���!��:��.�� 7,ASSIGNMENT OF RENTS.Bene°��:ar�•shatl have the tighl,power and authonty Quring the conlmuanGe o}this Trust Deed tocoHect the rents,issues !�:,,..;;�'
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<br /> -. ;t'��:., and profits of tha Propeny antl ot any��y�a�properiyr fxated thereon wah or wdhout takmg possesst�M the property attectea hereby,and Tru9tOR � ,' ••.,:.`(,_ .
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<br /> `3;;:���.•;,.T�.•:.. ' hereby ab9Nuteh!and unconddionally assigns atl sucb rents,issues and profds to Beneficiary.Benetiaary,however,hereby cortsents to the TrustofS � ,,... . ..
<br /> �fi';;_.,::� _.�. ' �i CdIeCtlon and retention of such rents.issues and profits as they aCCrue and beCOme payable so long as Trustor is not,at such time,in default with respecx r': •
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<br /> to paymsnt of any inde6tedness secured hereby,a�in the performance o1 any agreemenl hereunder.Upan any suCh tletaull.Beneficiary may et any time, � . :,i`;.� .�
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<br /> 4= #:..,;;�•: .,� eAher in person,by agent,or by a rece�ver to be appointed by a coun.wrthoul natice and without regard to the adequeCy of any seCUriry for tne indebtedness
<br /> �: �` � z. herepy aeCUred,(a)enter upon an4lake possession of the Property or any pan thereol,and in its own name sue tor or otherw�se collect s�:cn renta.lssues f •'��� :
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<br /> j?;}�=��:�-' andqoTits.inctudingthasepaslQueandunpaiQ.andapprythesame.���>+��slsandexpensesofoperationandcotlectian,lnCtudingreas�ab:eattarney's �, . -
<br /> ��::p'S'���� � Teq,upon any indebtedness securea herehy,and in suc�v nrae�4:.���^r�(rciary may determine:lb)pertorm such acts ot repair or prot6c;ron as may be i ,
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<br /> ' ,'i�y`- ��,;;;,:,'•. •. - nAeassary W Oroper te d5aserve the vatu0 of the Proyr�7:'-)�E=s=='+�•same o►anp dart thereot for such rental,term,and upon SuCh condRions as its k •
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<br /> , ;r; -,-..! .� •- ;�i� ju0gmenf maydietate.b7 termmate ar adjustthe terms����r?nd�trrs�::a'existmg teases.Untess Trustor and Benefic�ary thereof agree othetwise�n wrihng,
<br /> � 7�"�:;�� � - eny Ayplication o1 rents,iSSU04 01 pf01it910 8t1y��deEtBdtYB59 58C,:'vd^0•eGy shall not extend or postpone the due date of the instaltment paymenle as
<br /> � '�,r�;}r;�`; � . provided ln said promissory nota or cta�•ga the amoum ot such in��at:r��ts.�The ente�ing upOn 8nd takmg possesswn of the Ptope�ly.th9 Coltection �
<br /> . , ;i`�CrS.'�Q�..;V�.� . .
<br /> -.,,,;,,;�J••,t;:.-;; � of such renta.�ssues and prot�ts,and tY�e 3Ap��cation thereof as ato«�1��,Snall nol warve or cure any de}aull or notice of default hereunder or invalidate �
<br /> •-��4;;k%r'�.;,� `,•.;'.:)y • any act Cone pursuant to such notice.Ttustoi at5o assig�s to Bene'�:!ia••s,as furthei secunty for the pertormance ot the obligations secured hereby,all �
<br /> , ��f�`•• �.• �;. prepaid rants and all momes which may have been p%��si hereafte�s�-�yposdad w�tit tsaid�Ttustor by any�esse9 of the Prapetty.to secure the payment �
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<br /> ' 4..�.;,, p}�y�ent ar damages.or upon dataull m the pertc�-:F��:t'ot any qf 16�e�•�iovis�ona ha�eo!.Trusmr ag�ees to debver sucn rems and deposus to Benef�ciarp. I
<br /> _ ° � ; ,., :,'' . pelivery ot w�itten notice ot Benet�ctary's exerase:t•sYe+�gMa grente9 hcliem,�ta an��•t9naat��ccupying aaid premises sha{I he suific�ent to reqWre saiS �
<br /> ', '`�'l;� � tM�r1t to pey rent to!ha Bene}iciary u:+dl lu�lhr;r rr,,�,c3 .. `
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<br /> �j'�� �� 8.CONDEMNATIOR.11 t�tty to an•r pa�t at the Praperty shall be taki�:�n'condemnatwn procded�ngGi dy ught ot emment domain ar�,mta�action,or. E � ,
<br /> shall be sotd under�t+re�t ut contlarnrrat�e�n,ait aJ�a;Cs.damA:�as�nd praaeeds a�e.nerqpp Pss�gnttd and shatl be paid ta 8enefic c;�•a.M�shall apply 1
<br /> such awards,damag:5:3�nJ p�uceade to thy 5um ef;4i��3 by thl��trust Ueed,v�db tr•e ex:c+ss�d nny,pa�0 to Trustar N Trustor rer,eivps any notite or
<br /> othet infotmation reg_tsn�such ttCiwn9 ur procEeG,�r,s.•Trast�t aha�l givo O�ompt wratt�n hoti�$th��ool tu Benel�c�ary Benet�c�ary shall be entdled.at ;
<br /> A9 aptlon.t0oommenc0,appear�n and prosecuta:n.v c•r�r,namdany such acbon o�proceedmgse�d shau beenUtled ro mnk9 any tompromise or SHri�emeM i
<br /> , ' in canneCtlon w�th any Sueh acbon or proceea�ng9
<br /> -- -� - g.FUTUpE A�YANCES.Upon teque5t o��ttu!.itsr,BeneUG�ary at 88nefic�ary's apuan,vnpr t0 roconveyance o1 the Property to 7rustor,may make {
<br /> tuture advances to trusto�.Such tuW�e Advancys;rnth��tnrest thereon,sha11 bo secured by th�s 7rust Deed when em00nced by promissory notes stahng
<br />, � � th81&1i0 notes are secured hereby,provitled th�s at nv�Nrnu Sh;,H tne secured pnnc�pa►und tutur6�dvanCes,n�t mctuding sums advanCed to p�OteC! - : -
<br /> • � the seeurAy,exteed two hUndrud p9rcdnt(200�/0)u1 fhd ong�na�pnncipal amounls Securetlhereby. !
<br /> � � tp,i�YEDIE$NOT EXCLUSIVE.trustesand genef�C�aiy.and each of them.shaU be ont�lted to entorce paymont artd pe�!ormance ottfny indebtedness �
<br /> . or obhgations secuted hrreby end to exerciso a11 r�yhts dnd powe�c under lh�s Trost deed o�under any othe�agreement exewtod m ConneeUOn herewdh � �
<br /> � � � or er�y law9 naw or hereatter�n torce.nolwithskutdmg Snme or au o}tho sucfi mdebtedness a,�d obhg�t�Ons secured hereby may now or�ere�het h9
<br /> � • Otherwise Secutetf.whethErr by mortgayo.bust deed.p�Cdgd,t�en.assignmant or Mheiwiso Neiqter tha aCCeptance of thi4 TruSlOeed nar ds Bntateemenl
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<br /> ___ .�:—. __ -_ _ wergry�irbyc.eurtact,on e�pwswv►t tutha0owe�ot Sa►aix:uthtli u�r+ve�s he�em conta�nee.shatl pre�ud�ce ar m any mannor atfect Trustea 9 or 9enehc�a�y's _ _. _
<br /> ' � r�ghf to realize upOn or enturce any othdi securny nox or herenttee he�tl by Trusfee or 8enefrciary,ii 6eirg agreed try�t Trusieo an06ertertrcrsrV.andeact* r
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