i t'Ifi' c ,-�,_ . . . ,x,:�+v `:� ,:- .. ..wa.r-�3..� s: t'�- t � $`�Wt�_� � `
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<br /> -�"�,`::' S.Ti�.�w��.�!dwMa.Inatar shaN pay aN tm�a,aasasnwiMS ard afh�r ci�s�ts.iicidnD.aifbaut G�nitntian.fi»s aiid in�- '
<br /> trnts.if .6tfo[s tht san�6aon�t d�inQwn►,Trustar sl�all pra�np- s`
<br /> ;-�.=�`�..� positia�s am�utabb ro tM Rop�rt�.and�ho�d Po�ds or�and � n�dce Pa1n���Y•Tn�o►slwq --�----.-
<br /> � � �:=�•:�-:-.;T
<br /> :.����'��;,�, tt�tunish to B�nef'Ki�t dl eotias of amouns due und�r this paroarapb.and� tM w�nt Trvtta shdl � b�kvi�d uqon ��_ ____
<br /> �.f�:`,`'. p�omOtt�fi�ish to 8u�ficiQ!►tsceipis evidenCig wd�P�S.Trustor shaY poft dt toz�and�nts mafl , "
<br /> ��� =.: ;;.� - BeneficiarY's inhrest herein a this Daad of Ttust wit6out rqrd to A+y law tlat�m�►b�anactd imp�uug pofl��ffie w6oh or ary ��� ��..�-=.
<br /> . - . poirt tlNr�of upan thf lw�ie+arl►. .g . .~�"�,�"� _
<br /> - -= 1 ..:�E:�i�i tint M lMhet���s f�e*th�
<br /> Itustor sholt tndc:a11 pa�Ms of iMrnst ad prNltipo�ad po�in�nis of an�l� , ,�� �
<br /> � �r �' F ��f!K Qld lI�NK�CaA�OCtla t0 b�QOd!O Qtx 11GStMl��IM�I�If 0�R1�6�11l�ICIQ1ff BIIdK Qry P����Of tfUft 0�IIIOf- � � :s�rx__
<br /> . •� andy�.�,.. ad dl otl�r lims,dams a�o�s��it l�P�►�t�� �
<br /> �"'lY�,: . rs �.f, �i�(�lf���If�!�1ly Q!dl�1fN�N11�QI������ `^'"'^"p� - �-•�-
<br /> �3�=�;'+`;�`.', �'`.�. �cu�ity 9ront�d Mrein.If Trustor frnls ro make any sud�paYme++t or faits to pKtarm ary of th*cor�nmts and opreMn�nts ca�toiMd in t�is "; . . _
<br /> _ �y��,.<:;... wlliCh rtiot OffKis aNllfiti0ry's ilt- . `
<br /> _ ��d of Tnnt,a in aqr prioc mortpapp a dud of mist.of if ary oetian a proc�diip is cann�nad w�ell�r , � -'i �
<br /> • . .. . . tsast in th�Prop�rtY:iachd�g.but not Cnnited to.�minmt domain prac�din�s,or PraNd�gs MvolvinY a damdrnt,a if Tastor tats ta pop , r_ ,
<br /> t� �:- then eerwfii at�e�fCio�1's aption ad without n�Mic�b a drnia�d Wa�Trusta and "` `:°.
<br /> � . ` Tnutar's d�bts yx�alty os tl�eyt becortN�t. �11_ � - `
<br /> . ••'`. without r�Masiig Trustor,lran ary o6li�ation hereundK.mnl►malc�wch app�ara�ca.disburs�such suins.ad faice wch octjon os is n�ssarY !� , _ �E�
<br /> - to prot�ct BMt6ciory's int�nst includinp,but not iimited to,disbu►s�nt ot r�asanabN ottorr�l's t�s.poynNnl.purchas�.contrst or com- ? . .'..,• `
<br /> - -- ; `- --_ ,< ` p r a n i s s o f o n�r n t u n i r a�ct.c h a r�a I'�n;and entry upon ttw Fi'cPMY to mdc�►pars.in th��wnt that t�sto►stalt ia�eo pracur�irt- �.< �- ,�,--- .
<br /> � swaace a ta paft tmca,assessm�nts.a ary other ch�g�s cr tamakf aslt po�ts ta�Yistirg priar li�n holOrrs or bNUfic'�ori�s.�+�efkiary' : ; .. _.._. .
<br /> ' � r` . moy Oroture sucb insuronct and tnok�suth paqmeat.My�ts disbursrd by M�Nfitiory Dursvont to this Paroproph 6 shdl tiKOnN od0itionM ; - : .
<br /> .s,,�.,...
<br /> � , ind�bttdrNSS of Trostor secur�d by this O�ed of'fnnt:Such amounts shol)0�p�rabls upo�►w�ite fra�6n�fKiarY to��v�t°r tpwstinp paY- ; �r ,�
<br /> � � mmt tt��of.ond sholl6ear iM�r�st ham the datt of disbursen�nt at tl�e rat�paf�abM from time to tim�on cu�stad'nq Ptintipd u�t!� � � . ��='_---�-°
<br /> ''r�:��
<br /> . - � . - Nott unUss payment of interat at suth rote wouW be toMrary to opplitable law,in which event sucb amounts sMdl b�ar intK�st ot th�hiyAest � . , . -i����,:r-
<br /> � rat�permissibk under applicd�le�aw.Nothing contoined in this Paraprapl�6 sholl aquke Benefi:iory:ta incur orry expens�or take anr actiw� � y � __
<br /> . hatt�nder. � '' �I_-
<br /> 4 7.A���t�}�.Beneficiary shali fiave the rigM, power and authority durirg the ca�.atti�ce oi this Qeed of Trust to colktt tfia t J
<br /> ; . � i rents,issues and profits of the Property and of any personal property lacated thereon with or witho�!'�cirg possession of the property offected i , ..`,��
<br /> �: ...� . � � 6ereby,and Trosta hereby a0sotutely artA uneanditionalty assigns a!I such rents,issues aid profits to Bsn�ficiary.&neficiary.however,he�ebY _ E_.,�. .- . - - _
<br /> � consents to the Trustor's collection and�etentian of such rents,issues and profits as they.aaue and become pnyobk se Ion9 as Trostor is not. � =��
<br /> � � ' � . ot sah time,in defoutt with respect to pa�ment.of any indebtedness secured herebY.or m the perfortrtance of anY ogreement herewider•UDo� �• L. .,�
<br /> _`'' • � arry sudi defwH.Benefiaary may ot c^x s�e,either in person,by agecn,arby receiver ta be appo�seesEby o tou�i.withart natice and wiihout :.:,';. •
<br /> �'`"`�.;. .•. �'y. � ` reyard to the adequucY e��rsy s?cur+:ji far the indebtedness hereby secured.(a)�ter upon o�ia?ca�ussession of the PropMy or any port . ,_
<br /> - theroof,and in its own�ame sue far or otfienvise collect s�reh rents,issues and profits�inEttd�g tEicse pcist due and urtpoid.and apptY the san�. ` :'�`
<br /> ti h ,.�' . ...
<br /> less costs ond expenses of operation mei cc�ttection,inc lu ding reos o n a b l e a tt o m ey s f e e s,•�a�a g u�d e b t e d n e s s s e u x e d h e r e b y,a n d i n s u c h :..:..�, . 'ti
<br /> � -��.� s;::' �°,i::�'
<br /> ;'.:�:"�;� � order os 8ene�ciary nwg det�nine;(b�perfarm suchacts of�epair or protettian os cswy!�e necessecy w Proper to canserve the value of the `��,;,.`:. . :,i s
<br /> . . ::•:•.�:. �• -
<br /> PropeAy;fcl tease the some or any parr tE�reof for such reotat,term,and epon such canditiens as its�.+dqmtnt may d'ittate or t�miiate ot ad- ` �;:�,; ,. ..;r.:•
<br /> -�• ,`�': � � .� . ,� just the terms and wnditions af ang exining teose or leases.Unless Trustor ond Beneficiary agree ot6erwsse in writing,oay application of rents, i ;�:;;�• �.:,
<br /> :�'� ; i s s u e s or p r ofits to an y indebtedness sewred hereby shall not exteod ar postpone the due date of the instaflment payments as provided in said A�,=,� ;'
<br /> _:.� ., : t.�:
<br /> promissory note or change the mnourtr of such installments.The entering upon and taking possession o f t he P rope r ry,t h e c o t t e c ti o n o f s u c fi ,-�,�:, �..:
<br /> i rents,issues and profits,and the opptica�:an thereof as oforesaid,shal6 rtot waive or cure any defa-W�*or notice of default hereunder,or in- '
<br /> ' ' • validote ony act Aone purwant ta suct�no:ice.Trustor also assigns to Seneficiary.os further secur+t4r far the perfomiance of the obligations .: :;:,.. . ,
<br /> ' � � � secured hereby,oll prepaid senrs ond�il monies which may have heen or may hereofter be deposited wist�said Trustor by any lessee of the Pro- ;:.r:
<br /> �� . perty,to secure the poymerrt of ony rent or damages,and upon default in the performar�e of any of the provisions hereof,Trustor a�ees to -
<br /> • - deliver such rents and deD�+f s to 6enefiaary.Oeliyery of written notice of 8ene�c+ary's eicercise af the rights granted herein,to anq tenant oc- ' ,
<br /> , Cupying said premises sholl be sufficie�t to require said tenant to pay said rent to the Benefiaary urKit fu^ther notice. � ,
<br /> g.CM1�tiM.If titfe to any part of the Propeny sholl be taken in condemnation proceedings,hy�gfst of eminent domoin or simitar oction, : ;,...
<br /> � or shall be suld under threot af wndemnation,all awards,domages ond proceeds are hereby ossigned and sfiall6e paid to Beneficiary who shatl � • ,
<br /> , appty suth awards,damages onc!proceeds to the sum secured by this OeeE of Trust,with the excess,i�any,paid.to Ttustor.�f Trustor receives _ � _
<br /> ony notice or other information regarding such actions or proceedings, Trustor shol� give promDt wriiten not±ce thereof to beneficiory•
<br /> � Bene�ciary shall be entitle4,at its optian,to tommence,appenr in and p►asecute in its own name any such Gction or praeedings and shal)be eo• ,
<br /> '• titled to make any compromise ar setttement in connection witfi any such acTion or Qroceedings. , �
<br /> • ' , � 9. R�Ms!Mt�dr�ir�.8e�efic�ary sholl be entitled to enforce payment an�perfermance af any indebtedness or obligatians secured �
<br /> fiereby and to exercise oll rights and powers under this Oeed of Trust or under any ather egreement executed in connection herewith or ony laws
<br /> �` now or hereafter in force,natwi!tsstanding some or atl of the suth indebtedness ond obtigotions sew�ed hereby may aow or he�eafte►6e other•
<br /> �.f ;� � wise secured,whether by morrgoge.deed of trust,pledge,lien,assignment or otherwise.Ne�her the acceptance of this Oeed of Trust iar its �
<br /> • I enforcement whether by ccun action a�pu►suant to fhe power of sote or other pawars herein conra�ned,shall prejudice or in any manner aHe¢t
<br /> ;�} •`; 6eneficiary's right to rpafize upon or entorce any other sewrity now or hereafter fietQ bY Beneficiary,it being agreed thut Beneficiary shall be
<br /> entitled to enforce tiris Oee�of Trust and any other security now a hereaiter hetQ 6�Seneficiary in such order and manner as it may in its ab•
<br /> •- solute dist�etion determine.No remedy herein canferred upon or reserved to Beneficiary is intendeA to 6e exclusive of arry other remedy herein
<br /> � - or by�aw pravided or pe�mitteA,but each shall bo cumulotive and shall be in addit+on to every other remedy given hereunder or now or hereafter �
<br /> existing ot tuw or in equity or by stotute. Every powe►or remedy provided hereunder this Oeed of Trust to Beneficiary or to w'.�:ttr it moy 6s •
<br /> . otherwise entitled,may be exercised,concurrently or independently,from time to time and os oiten as moy be deemed e�pedient 8eneficiary
<br /> ond it mey pursue intonsistant remedies.Nothing herein shal!be construed os prohibiting Eeneficiary trom seeking a deficiency judgment against
<br /> � ` the Trusior to the extent such action is permitted by law. • '
<br /> � ' 10. T�ff�r e!rn�eA��bswe/t1eN. tf oll or ony part of tho property or any interest therein is sold,transterred or conveyed by trustar
<br /> • • . •� without Beneficiery's prior vrritten tonsent,excfuding(01 the crention of o lien or encumbrance subardinate to this Oeed of trust,(b)the trea•
<br /> .. . • ; tinn o!o purchase maneY security interest for household appliances,(c)o transfer by de�ise,descent or by operaeion of faw upon the death of a
<br /> � � ioint tenan! or (dl the grant oi any leasehold interest ot three yeers ar less not containing an aption to purchase, Bene�iciury may, at •
<br /> i Beneficiary's opfion,declme all the sums secured 6y this Deed of Trust to 6e immedidtely due and puyabte,ar cause the Trustee to fite o notice
<br /> ; of defauit.Beneticiaty shall have waived such option ta acceferate if,prior to the sote,transfer or conveyance,Beneiicinry and the persan to
<br /> � whom the praperty is fo be sold or transferreA reath agreement in w�sting thot the credit o!such persan is satisfactory to Bene�i�icry ond that
<br /> � ;
<br /> . _ �
<br /> the irtterest poyoble on the sums setUred by this Deed of Trust sholl6e ct suth rate as Benelitiory shall request.
<br /> ,� . �
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