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<br /> . S.TiM.Au1�wlt.�t1�M�•Trutlar sholl oo�l olt tm�s.�ils and o1Mr t�a�s.iectu�r4.�iffiait M�totion.itn�s odi j�- � :
<br /> �esaMr��t�MtRaMtt�.adlMw4eldPa�wAsa��'a�It�nts.�eny.6�erMlh�saair6ico�d��.Tnatarsldlpro�np- .
<br /> tl�firnitA t�M�tici�rl►ali eo�iws cF s�ou�ts dus und�r tlrs pQaaapA.ans in tM w�nt Trustar slqN main pa�K dr�cty.Tnatar sh6�
<br /> , . . . sueh Trustar slbM pq►a/t�s and ass�ssn�n�lich moy 6e bri�d uoen
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<br /> Mn�CKi�r's inl�resR t�n a uoa►tt�is ONd af��usf . -
<br /> — -- �_--� - Oo�tlh�rio�t�pattlMMnit'x�a�►� .
<br /> = 6:YMr Yw�i l�NqW�M/�eT's��h.Tn�star sholf n�atw aN po�►ts af i�st ond Or�ecipd and Po��o�a�1► :�
<br /> _ ��� otlMr diaq�s.tMS od��s cantroct�d to be Pad to an1►��ustiig li�ald�rs ar prior 6�ficiQi�s u�ai1►P�dMd af trust a mor-
<br /> - - tpope 6e�ton th�d�M thry Qe del'�wrt�and pranpNy 0�f1���1►6�olf otl��.�s a*�S+��aY l�P�� -
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<br /> - s�c+ritl/0���.I#Trustor fdls fo n�dc�ary►spd+Deft�a ioib to pr/pnn,aryl of tl�ccrK+ar+�s and ayna,�ts cartair�d n fbis ' -
<br />.-� �:' ,.DNd of Trust,a in a7 P��0�or d�ed of trtnt,of if arry actiort or prot�adii➢is ton�nced whieh nqhrioNy affMs 9m�ficiary's in- --
<br /> ' ada�ndent.oriflrustorfailstopay --
<br /> domoin .ar �� _,_
<br /> ;_.`' oot iimitsd to,emirnnt PraMdi�gs p'��dn➢s
<br /> _ t�restinthsPrapKry.�nclud'rg.
<br /> hut --
<br /> Tnistor's d�bts�w�aMy as�hK baa�e due.tlKn Bx�ficial►.ot�n�ficiary's option ad«iM�aut notics to or dinan�upon tnnta�r ad- —
<br /> ' ' �`;witlqut�Iiosinq Trustor from on�►ablgaC+ort I�ereonder,mclt�s wd�approrantes.disbws�suds wnis,ad tdt!wch oCtiOn os is�cessQll =--
<br />. �= . to protact B�ficary"s int�rest includiig,but not 1'Wnaed to,dis6ursenNnt af rensanable attarr�y's fees.PnyrtNnt•pRdbse.cantat a cam- t�--
<br /> }.�- pranise of any h�evrt�au�.charqe er I'ien,ond entry cipon the ProDertl►to mcke npdrs.M 1he ewnt thot Uustor shd!fa'I to proa�e in• tu:�,._-- -
<br /> � �"`r. - wraKe or ta pall ta�ces.assessments,a my atAer chQges or to moice ary popna�ts to existing prior lien hatders a beneficidies.9ane�iCiorlt
<br /> ;.,=�''�.` - moy procure wtb inst�ance and make such payment.kry anourts d'a6us�d bf►8entfitia�t P�w�t t4thisPQOyraph 6 stxdl became od�ifionnR , __
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<br /> <.-.. . y. -=° indeMedness af Trustor secured bq t h is O e e d o f Trust.S u c fi a m a i rt ts s t a l t b e D a Y�W o��o t i c e f r o m B�ef i t i a Y to Trustor r M�t�+9 P a V- _ �.;:= . .-
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<br /> ,�"-� .. ,t ment thereof,md slall bear interest ftom the date of�s6�en�ent ai ti�e rate pa�ftam fime to timt on autstan�ng principd under the
<br /> ' ' f t�l�tve�ess pnlEn�eM of irnerest at sucb rota woutd be caMrary ro appl'rca6te law,in which everR such amonnts s h o l!b e a r in ter e s t a t t h e l i�q h e s t ; - , _-
<br />:fE,•�� ';,-`:*''�'-'�`;`��- to incur e�pense or take arry oction `
<br />�;,::,T. ;,.�:�:. :•��r-- �pe�LS�ue;u�der opptitabk law.Nothing contained in Mis Pcragraph 6 stwll reqnire'�er�fitialr a�1! i
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<br /> ; �'�' T.',. . �M�fs.Beneficiay sholl tlave the rigbt.Power and euthot�f�r duri�q the caMinuance of tHis Oad of 7rust to cdktt the t ;==^
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<br /> " �7,G'; ::°`-�:.: rrr..s��-ssua arf prof'►is of thE�tfr a�d of any personol property located theroan with a without takicg possassian of ths property affected � � _ ' -
<br /> . .,�s.�. ,.. ,t.,. �Y:�������o��,,el�and yr�nditionalty assigns ati 3+xh�eots,issues and profits to Beneficiary.Beneficiary.horrever,hereb� , �` 'k"�
<br />_ • _ '�,. ' ` .. - c�?se+tts'to t�Trustor's collection and ret�ua uf such reMs,iuues ond profits as they acaue and betome PaYdik so tong os Trustor is not. �• . : .`, ._—
<br /> . � "c�sikh trme,in defautt with respect to paq=ra�of any indebtedness secured he►ebY,u►in the perfwrnante af m�y agrEemenih�rn�nder•tl�on� ; .�--�.�
<br /> , . ao�such default,Beneficiary may at any time;e'�ttrer in pecson.hy agent,a by,�eteirer to be appoi�ed 6y a court,without�otice and withaut .
<br /> � . c�d to the adeq�acy of any security fa the indebtedness 6ere6y sauroa,to1 enter upon ad taka possessim of the�roperty or oey part � . " _:' ;i,'.,
<br /> •• a.heraof,and in+ts own name sue fa a otherwise coltect such rents,issues ana profm,i�rcrcfi�g those post due and ueDai?-and uDD�Y t��, f , `
<br /> . � � less casts a+d exP�nses of operation and coltectioa,inctuding�easonabk attomeys fees,uporf a►Y indeb*eMess sec'?'2d'�er�bY,arid in such , .. ,
<br />``,�,, '��:��:.,;� � � ard�as Bene�c�naY determine:tb1��rn such acts of repair a pr+eteetion as maf►be nec�ssurY s8'Pr�per taca�e the vdurcf the � . . , ' �.
<br /> •, �;f..• � ¢r°p�rry:(c}�e the same or any part therezs for such rental,term,an�cppn such ca�d�aas as its jub�enf nwll fi�aie er temiirrc'lta�ad- I , :
<br /> � �st the terms aed cadif�of ary exisfr.�g�ase or leases.Ualess Trustor and Benei'Kiar�p agree atherwise in wr"sting.am1�plKation�:riiics,
<br /> - �.;:�,:�.`: . ` ' `' '' ' issws o�profits to any indei�3e�ss secure��ereby shall not Qxtead or postpone the dae�m�of the i»stailment payment�'as provided in said' , - •:;,�=.
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<br /> � , . . , • `,;{��;,_ yroni�sspry note or chbnge ffit amount of suci�iastatlmertis.The eettering upon and takitmg Fassession of the Propersy,tfie collcction of suct� f ', ,�
<br />' �''�:1� rents, issues ond grofiis, and the applicatar.thereof os oforesaid,shall not waive or ture any defau�a6�otice of default hereuMkr,or in- t - ,�.
<br /> .•.:,;/-: ,1.
<br /> ° � validate orry act�aie pursuant to such notise.Trustor also assigns to Benefidary,as fwthe(ceturdY fn'�1�e P��a�e of ths obligations �
<br /> � seaxeA hereby,ali prepaid rents and all monies which may hove been or maY hereafter be deposited with snid Trosta�y any tessee of the Pro- !
<br /> . , •� �r,to sewre the payment ot any rent dr damages,and�yan default in the performunce of any of the provisions her�f,Trustor aprees to ; �
<br /> - � deliver sucfi rer►ts a�d deposits to Beneficiary.Oetivery of written notice of Beneficiary's exercise of tfis rights grartted[+erEin,to a�y tenant x- ';;;�._'�.
<br /> ' ' � cupYiny said premises shall be sufficiem to reAuQe said tenant to pay said re�to tfie Beneficiary until further notice. : ;"� :"; `''.,
<br /> , :,:, : . . 8.�.If title to any pat of t5e�?(oaeAy shalf be taken in con�an+notian proceedings.by right of eminent damain or simi�araesian. _ � . ':';'�,'.
<br /> � ' ''�'"' . � • or stialt be sold under threat af rnndemnation;04 awards,damages and pracesds are hereby ossipned and sholl be poid ta Benefitiary+++`+csha�� . '�'''
<br /> ;'-?:.r'� ' oppty such owards,domages a�+¢prxeeds t�fhe sum secured�y this�eed of Trust,w�?t�tne extess,i f any,pai d.ta Tr�s tr�_.'I f T r u s t a r r e c e i v e s ,�; • ,
<br /> • ony notice or other information regordiag such actions ar proceedings, Ttostor sfio:t g`re prompt written notice t:�eot to beneficiay. ;�;.��. . , . ,
<br /> � - �;i�:.,s �'• ' .. .
<br /> •.,�;,t.. Benefitiary shall6e entitled,at its optio�,*.c�3rmence,appear in and prosa:fie+n its own neme ony suth oction or pra�ngs and shall be en- - : : .
<br /> . .`.�;:�,;;"• titled fo moke any comprom+se or setttement a connection with any such actiort or praeedings. ' ! •!",':,''�'•,
<br />' � • � 9. ��MM hd��iv�•8eneficiary sball be entitled to enforce paymeM and performance of any indebtedness oi obligations saured , : ��-"'• '.
<br /> , � t�er�by and ta exercise all ri�ts and powers under this Qeed of Trust or under any other agreement executed in connect3�s 4�rewith or any Iews ;,�,i'�.
<br /> ' � � +sow or hereafter in force,notwithstonding some or all of the such indebtedness artd obiigations secured hereby moy ncMr�i�ereofter be other- . ���' . � .
<br /> wise secured,whether by mortgage,deed of trust,pledge,fien,assignmeM ar otherwise.Neither the acceptante of tAis Deed of Tr�ss�or its ;:�.� .•
<br /> • • " • enfaeement�J�aether by tourt action or pursuaM to the power of sole or a+twr powers herein contained,shall prejudice or in any mor��ffect ,
<br /> '. • ' Beneficiory's right to reat�ze upon or enforte any other security now or hereafter held by Beneficiary,it being agreed thot Benefitiory shall be ,
<br /> ' entitled to eniorce this Deed ot trust ond ony other security now a hereafter hetd by Berteficiary in such order ond manner os it may in its ob-
<br /> � - solute diseretion determine.No remedy herein conferred upon or reserved ta Beneficiary is intended to be exclusive of any other remeAy herein - .
<br /> • or by law provided or permitted,but each sholl be cumulotive and shcll be ln addition to every other remedy given hereunder or now or hereofter
<br /> ' existirp ot law or in equity or by stntute.Every power or remedy provided hereunder fhis Deed of Trus�to Beneficiary or to which i�moy be
<br /> otherwise entitfed,moy be eaerciseA,cancurrentty or inAependentty.fram time to time and os often as may be deemed exped'�eM Ber�ficiary ,,
<br /> • � • � atd it moy pursue inconsistont remedies.Nothing herein shatl be construed as prohibiting Beneficiory Irom seeking a deticienty judgmerH against . �
<br /> � ' : �. the Trusta to the extent such action is permitted by law.
<br /> � . 1Q. Tea�tN�f nr�r1/t��1M•1f all or any port of the praperty or any interest therein is sold,transferred ar conveyed by Trustar
<br /> � ' - , � wlthout Beneficinry's prior written consent,excluding toI the creation ot o�'en pr encumbrance subordinote to this Deed of Trust,lb)the uea-
<br /> twn of o purchase money securily interest for househofd appliances,(t)0 t!�:°SrE!'�'/Q@VIS@,descent or by 6perotivn of taw upon the death of a
<br /> � joint tenant or (dl the grant of any teasehold interest of three years cr. `�s�not ca�taining an option to purchase, Beneficiary may, at
<br /> ' Beneficiary's optien,dectare all the sums secured by this Qeed at Trwt to be i�rsr_�:1t�tety due and poya6le,ar cause the Trustee fo fi�e o notice , .
<br /> - i of Qefault.$eneficiary shalE have waived suct�oplion to ucceterote if,priot t6:'ex sele.transfer or conveyance,Beneiiciary and the person to �
<br /> • ;. whom the property is to be sofd or tronsferred reach agreement in writingthot tne credit of such person is satisfactory to Beneficiory and that
<br /> � tM interest payable on fhe sums secured by this Deed otTrust sho116e at such rota os Benef iciary shatl reqvest. •
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