��� ._
<br /> �' . _ .,-=�__=
<br /> •+1I�Ir1E _ —,. ._:;,-+ -.
<br /> �' __w�—_—__s.�.. -..�.,a�...�-.��;o�crw�=a...{-,-°-
<br /> � _ , r.. _ _ - - ' '_ _
<br />� ' V�� �����4• _.
<br /> '
<br /> i be prior to nuperior herato, and (c) in exercieing Any suah power, _
<br /> Fay neceseary coet, faes, and Bxgenses, employ co�noel and pay _
<br /> � couneel 'o reaeonable feed. Truetor agreee to repay any amount a� _
<br /> � expEnded on damand of BeneficiAry. _
<br /> � IT IS MUTUALLY AGREED THAT: -_
<br />_ 3 ,
<br /> LITIGATION: Trustor ehall detend this �i•rusc i�� nuy d.:�.��a �i
<br /> proceeding purporting to affect such property, whether or not it :
<br /> affects the security hereof, or purparting to affect the rights or
<br /> powere of Heneficiary or Truc�tee, and shall file and prosecute all _
<br /> necessary claims and actioze to prevent or recover for any damage
<br /> to or deatruction of such property, and either Trustee or _
<br />'7 Beneficiasg ie hereby authorized, without obligation so to do, to
<br />,�;� c�mence. ��pear in or defene3 a�y such action, whether �zaught bp
<br /> f� o� against Trustor, Benef3ciary or Trustee or with or without euit,
<br />_� to exerciae or enforce any other right, rsmedy or power available _
<br /> N or conferred hereunder, whether or not judqement be entered fn any
<br />= action or proceeding; and Truetnr or Beneficiary may appear or -
<br /> — intervene in any action or proce�diag, and retain counsel therein;
<br /> and tako such action tharein, ae either amy be advieed and may
<br />— eettle, compromiae or pdy the eame or any othor claima dnd, in the
<br /> - MVi�42f ar.r3 f�r �r.y ef sn3d purpes�e; amy expand and advance euch -_
<br />— compromise or pay the eame or eny other claime and, in the behelf
<br /> end for any of aaid pur.poaeo, mny expend and edvance such auma of
<br /> money ae either mey deem noces�ary. Whether or not Trustor so
<br />� nppeer� or defende, Truetor an demand ahal� pay all coets and
<br />� expenses of Beneficiary and Truetee, includfag cost of evidonce of
<br /> � title en attorney•e �eee in a reaeonapie eum, �n any nuci� a����;� �,:
<br /> proceedinq in which Beneficiary or Trustee may appear by virtue of
<br /> .� being ma�e a party defendant or otherwise and irrespective of
<br />;� whether the interest of Beneficiary or Truatee in euch property ie
<br /> � directly questioned by auch action, includinq but not limited to,
<br /> — any action fox� the foreclosure of, or sale proceedings under, any
<br /> � secondary lien on such property, condemnation or partition of euc�
<br /> - F-�F�r='�. '-n� �� �'==± �='rni��ht t►v R!�nwfi.ciarv to foreclo9e this Deed
<br /> f of Trust. .
<br /> CONDEI�VATION: All aums due, paid or payable to Trustor, or anp
<br /> auccessor in interest of Trustor, whether by way of judgement,
<br /> settlesnent or otherwise, (a) for injury or damage to such property,
<br /> = or (b) in connection with any condemnation for public use of injury
<br /> � to such property or any party thereof, or (c) in connectioa� with the
<br /> traneaction financed by the laan secured hereby or (d) arisinq our
<br /> — of all cauaed of action, whether accruing before or after the date
<br /> of this Deed of Truet, sounding in tort or contract, includinq
<br /> = c�uses of action for fraud or concealment of s material fact
<br /> -� together with th� settlea�ents, proceede, awards and damages, direct
<br /> _ and coneequential, in connection therewith are hereby al�solutely and
<br /> � irrevocably aseigned and shall be paid to Beneficiary. Beneficiary
<br /> = shall be entitled, at ite option, to comtaence, intervene in, appear
<br />_� in and prosecute in its own name, any action or proceedinqs, or to
<br />- - make any compromise ar settlement, in coru�ection with any such
<br />-� taking or dttmage. Truetor agrees to execute such further
<br /> assiqnmenta of any compensation, award, damages, rights of actian
<br />=;� and proceeds ae Beneficiary may require.
<br />_i� All amounts received by Beneficiary pursuant to this Deed of Truet
<br /> under any fire or other insurance policy, in connection with any
<br />=� condemnation for public use of or injury to such property, for
<br />._� injury or damage to euch hereby are to be applied at the option of
<br /> � Beneficiary upon any indebtedness secured h�reby. The application,
<br /> - use or release of such amounts shall not cure or waive any default
<br /> - or notice of default here�snder or invalidate any act done pursuant
<br /> � to such notice.
<br /> CONSEI3T, PARTIAL RECONVEYANCE, ETC. : Truatee may, at any time, or
<br /> from time te time, without liability therefore, and without notice,
<br /> upon written requeat of Beneficiary, and without affecting the
<br /> personal liability of any person for payment of the indebtedness
<br /> secured hereby, or the lien of this Deed of Trust upon the remainder
<br /> � of such property for the full amount of the indebtedness then or
<br /> thereafter, secured hereby, or the rights of powers of the
<br /> -6-
<br /> .
<br />
|