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. .^+� ' .� :�,.,, �....r.� _._ .�, i �.4 _ _ <br /> �,.: _ <br /> .•. _ <br /> � � . . _ . ����y,µ..�a� .: . . . .. - _ .... � -- �'�i.YrT '-� <br /> � `iii4�.+r...i1...:..............—_.._ _.��. . . ..._.—.�. <br /> :�� <br />;'.� • <br /> � . �6'�'��D�i Iia� � + <br /> � �,�r�;�r;,�;"--�,.,;,,,,,�:»�n.Trts:!c't!:a!!!:�thM Prc+�rtY In�t+t+tl GarMtitinn and repalr and sha11 not commit waste or permit LL_. <br /> imqairrount ar Ae4eriorolinn nf tho Rroparfy artd slwll camnly with ths provlsions of any loose i}thfs IMed of Trust is on o laasehold.Nn improvo- <br /> m�nt iww or hPrQ�fter erccPed upan 4tco Frop�rty shall h�altered, rarnevc�or d�r��nUsh�d�vithout th�prior�vritton consent oT 0enoficiory. � <br /> T�ustor shall�om�ly wHh all lawb,ordinant�s,repu{atlor�s,covcnants,conditlons and rAStrictions 6Nectinp 4he Property ond not comm:t,suYar, R_ <br /> ur permit any act to b�don�in a upon tt►�Property in vloMsion of any low,orAinanco,repulotlon,covenant,condition or restriction.Trust4r <br /> shall compfete or r�stnre pra�ptly anel in pood wo►kmanlike max�er any��nlxovamcnt on the Property which may be damaped or destroyed and _+' <br />- paY,wh�n dw,ofl clafms fa loba pufam+�and matKiab fwnistnd thKtfa�and f or any alterations th�r�of. <br /> � A. M�w�a.Trustor,at its exp�nse,will maintaln wlth insurors opprov�d by DeReflciory,insurance with resp�ct to the ImprovemMts and� _ <br /> ' �►e�!'!_�y,��►athutina the Prop�rtw,a�ainst loss by fir�,iiphtnir�y,4arixxlo,oid o9i�ar p�rils o�zd fwxaPds covcrt�bp startdard ent�nd�i �_ <br />- - coverog�:ndas:ment, in an amount equol to ot Ixst one hundred p�rcent of th�tuil r�plac�nt vaiw�iMrpi ar�d ir��u���wa�yu����� •w., <br /> other hazurds ond in such nmounts as is custornarily to►ried by o►rMrs and opKOtas of simular properties or as B�ne�ficfwy may require+�or its <br />'� protection. � with such otMr reyakn�nts as B�r�ficiory rtay from tim�to time request for the protktion by insurance of the <br />`r� fntK�sts of t os iv�porties.AIO insu�ance polici�s mafntolrnd pursuant to this OeQd of Trust shall nane 7rusta and Beneflciary as in- <br />=�y� sureds,as thdr resp�ctiw intK�sts may appeor, ond provid�that thK�shall be no cancellation or modification without no less thon 15 dvys <br />�� priur writtsn notificmion to B�nefitiary.tn th�ovMt any policy Mreund�r i;,not r�wed�a bafae 15�ays prior to its expiratian date, <br />- Ff�ficiary may praure such tnsuronce in xcadonc�with the provisfons of paograph 7 her�of.T�ustor shall deliver to Beneficiory the originnl <br />--= polici�s of insurance and ren�wols t!Nreof or n�mo topiss of such pol'ki�s and nr�wols thereo4.Failure to fwnish such insurance by Trustor,or <br />_; r�riewals as r�quired h�rwnder shall,ot tM option of B�rMflcfary,constltute u d�foult. <br /> " 5.i�xa.Au�+�b�wl G�N�•Trusta shall pay ull toxes,assessm�+�ts and otfiet chcKp�s,including,without limifation,�ines ond im• <br />-= positions attri6u4abl�to the Prop�rty,ond IeasehoW payments or graund rents,if ony,befae the san�b�com�delinquent.Trusta sholl promp- <br />- Ny turnish tu Beneiiciary ail no4ie�s oi crAUnts dua ur�E;.r this para�a�h,a+rd in the event Trosta shall mdce payment diractly,Truator shall <br /> = promptly furnish to&nelkiary reaipts�yidenci��g such paymenis. Trusta shall poy all toxes and assessments whlth may 6�Imvi�d upon _ <br />:_a Beneficiary's interest herein or upon this Dead of Trust without regad to any law tfiat moy be enacted imposirg paynknt of t1w wlwl�or any <br /> = part therwf upor+the 8�nefi�iory. <br />� 6 ����Mt���}��{�y'�Su�eiry.Trustor shall ma{ce all pa�rtienis of interest and principal and paym�nts oi ony <br />-- other chay�s,feos and�xpenses contrated to be paid to any exfstfnp IiRnholders a prior b�nofkiarias�x�dr�ony priar d�ed of trost or mor- <br /> i fQope befa�the date they ore delinquent ond promptly pay ond dischargs ony and ali other litns,cbims or charqes which may(eopexdi:e the <br /> security granted herein.If Trustor f�ils to mdce an�such payment or inils to pKform an�of tM covarants and agreements contained in this <br /> ' Oeed of Trust,or in ony prior mortqo�e a deed ot trost,of if a►y action or praeedinp is corrwnenced whi�.fi materially offects B^naficlary's in• <br /> - terest in the P�operty,including.6ut not limited 10,eminent domain praeedings,or praeedings involvinp o decendent,or if Trusta fails to pay <br /> - Trustor's debts generally as they become due, then Benafic(ary, et Beneficiary's optbn and without notk�to or demand upon Trustar ond <br /> � withaut rNeas+ng irustor Trom any abiipoiivn hereN��,�����s'�o s�'�����=•�l=�'�`-'`-!"-'�e�wns,orod teke such action as Is netessary <br /> to p�otect seneficiory's inte►est includinp,but not limited to,disbursement of reawnab{e nttorney's fees,poyment,purchas�,contest or com- <br /> Rromisa of any eoturnbrance,charge a lien,and entry upon the Property to moks repairs. In the event that Trosta shall foil to procure In• <br /> suronce or to poy taxes,ossessments,a any other charpes or to moka any payments to exlstinp prior lien holders or beneflciori�s,Beneficiay <br /> may procure such insuronce and make such puyment.Any omounts disburseE by Beneficiary pursuont to this Paoqraph b sholl b�come additionul <br /> indebtedness of Trustor secured by this Deed of Trust.Such amaunts sha11 be payobla upon notice from&neiiciary to Trustor requesting pay <br /> ment thereat,and shall bear inte�est irom the da�e oi disbursement at the rat�poyoble from timr to time on outstondirq principal under�the <br /> Note unless poyment of interest ot such rate would be coMrory to applica6le law,in which event such amounts sF►ull beor interest pt tAe tiighest <br /> rata permissible u��der app!icoble law.Nothing contuined in this Porcpraph 6 shall requi�e Beneficiary to incur any expense or foke any ation <br /> hereunder. <br /> 7.Assl�nt�4 R�nU.9eneficiary shall have the right,power and authority during fhe tontinuance oi this Deed of Trust to collect the <br /> �en1s,icsues and profits of the Pro�xrty ond of any personal property laoted thereon with or without taking possession of the property aifected <br /> hereby,ond Trusta hereby obsolutely and unconditionally ass(gns all such rents,Issuesend profits to Beneticiory.Beneficiary,howev�r,hereby <br /> cons�nfs fo the Trustor's collection and retention of such rents,issues and profits os they accrue ond become poyable so lonp os Trusta is not, <br /> ot such time,in default with respect to payment of any indebtedness setured hereby,or in the performance of nny opr�emtr►t Ikreunder.Upon <br /> ony such defoult,8ane(iciary muy ot ony time,either in person,by agent,or by receiver to be oppointcd by o court,without notice and without <br /> reqad to the odequacy of ony security for the indebtedness hereby secured, (a)enter upon and toke possession o}the Properfy or ony part <br /> _= �h�t+n1,and in its own nnme sue tor or otherwise coticct such rents,fssues ond�otits,includinq those past due anQ wqaid,and uPp�Y�he Sam�. <br /> less costs and e�penses oi operolion ond collection, includinp reosonable ottorneys leas,upon ony indabtedness s�cu�ed iiereby, ond in sai� <br /> ader as&neticiory may determine� (b)pertorm such ats of repair or protection os may be netessay or proper to consKVe�he vak►e of tho <br /> --= Property; (c►leose ohe some or any�sorl thereof fa such r¢ntal term,ond upon s�tcfi conditions as its judpmQnO moq dittete or terminete or ad• <br /> — just the terms ond conditions of ony exis�ing lease or leoses.Unless Trustor ond&nefitiary ap►e�otherwise in writinQ,any applicatinn ot renls, <br /> — issues or profits to ony indebtedness setured hereby shall nct�xtend or postpone the due date of the Instollment paYments os provided in said <br /> — promissory note a change the omounf of such installments.The entering upan and toking possesslon of tho Property, the tollection af such <br /> --- rents, issues and profits, und tt�e applicotion thereof as oforesaid, slwll not woive a cure nny default or notice of detau�t hereunder,or in- <br /> � validate ony act dane pursuont to such notite. Trustor also assigns to geneficiory,os further security for the perforrru�nce of the obligations <br /> �' secured hereby,oll prepaiJ rents and aIl monies which may have been or may hereofter be depusited with sald Trusta by any lessen nf!he Pro• <br /> = per►y,to secure the payment of ony rent�r domages,ond upon defaull in the periormance af ony of the provisions hereof,Trustor ogrees to <br /> '� deUver such rents ond deposits to 8eneficiary.Oelivery of written notice oi Bene}iciory's exer=ise of the rights pronted herein,to n�y tenant a- <br /> cupyinp said premises shall be�ufflcient to require said tenant to pay sold rent to the BeReficiary until furtha notice. <br />- � 8.CN+ie�tlon.l(tiole to any port of 1he Property shall be token in candemnation proceedings,by right o}eminent domain or similnr action, <br /> � or sholl be soid under threot of condomnotion,ull awords,damoges ond prxeeds are hereby ossigned oi�d shull be poid to 8eneficiary who sholl <br />-._1� opply such owurds,domuges and proceeds to the sum securcd by this Deed of Trust,with tne excess,if any,paid,to Trustor.H Trusror receives <br />--�� or+y notite or othQr informalion regording such octions or proteedings, Trustor sholl give prompt written notite thereof to beneficiury. <br /> ._�_ �.r.l:..,. ..n.l chnll hn an. <br /> -_ � '••-����. <br /> Beneficiory shall be entitled,ot its option,to commence,oppear in and prosecure in iis own name m��s�.��.�.����.�.rwa��..�r:_.�_.._..___ <br /> ' titlad to moke ony compromise or settlement in connettion with ony suth attion or proteedings. <br />`�� 9. R��+�N�s Nef Excl��tr�. Bene�lci�ry shn11 be entitled to eniorce poyment and perlormonce of any indebtedness or obligations secured <br /> - hereby ond to exercise u��rights and powers under this Oeed of Trust or under any other ogreement executed in connection herewith or any laws <br />!_�.x., now ar hereaiter in force,notwilhsfandinp some or all oI the such indebtedness und obligotions secured hereby may now or hereotter be other- <br /> = wise setured, whether by rtrortga�e,deed of trust, pledge,lien,ossignment or otherwisa.Neither the acceptonce oE this Ueed of Trust nor ils <br /> •;,,r enfortement whethar by court actlon or pursuant to the power ot sale or other powers herein tontciined,shall prejudite or in any monner Aftect <br />;«�� Beneficiary's ri4ht to renli:e upan or enforce any other security now ar hereafter held by Beneficinry,it being ogreed that Beneficiary:holl be <br /> enlitled to enforce this Qaed of Trust and any other security now a hereaftor held by Beneficinry in suth order ond mannxr as it may in its ab- <br /> ,.�;�`, solute discretinn detennine.No remedy hereln canierred upon or reservod to Beneficiory is intended to be exelusive of any other remedy herein <br /> --�� or by law provided or permi�ted,but each shull be cumulative and shall be in oddition to every ather remedy given hereunder or now or hereafter <br />�",�. <br /> �°' - -- <br /> , <br /> ----� - �a�,r-._.__..--�_,.�,au - <br /> :�. ..��'rFiqIpIll�reF - Y�d�� ' , _.., . � .�'„�v1:.�i" <br />