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<br /> . Flle No. E�3+B
<br /> � �i.i i�fi —
<br /> .��"" ���
<br /> in Ssction 1.1��4 hersaf. 7hP applicadora or release by 8eneficiary of any Insurance P'ror:r_eds
<br /> shall not cure or waivP any Event of D�fault or notice of default�nder this Deed af Trust ar ,
<br /> invaiidaie ���ry aci c3u;�e�;u�sEia�it :o�uct� noii�e. If El�nP�icia�cy elects n�i co so appt�r the __
<br /> insurance Prar.eecis to the restoratian,rebuiiding�r repair of the Mortgaged Pruperty pursuant
<br /> t�Section t.Q7(a)hereof,7rustor shall not be requlrc}d to restore,rebufld or repair the portiun
<br /> of th�e Mort�aged Prc�perty damaged ur dest�oyed,and the failure t�do sa shall�rot c.anstitute
<br /> an�vent of Uefault under this Oeed of"Trust.
<br /> ��� �,pg, �..t�.,.,�,t a#_pdicie�Unon,��l,(l�1t�. In the event of tiie�oreclosure o{this
<br /> C�eed of 1'rust,o�other transfer of title to the MortFyageci Property,ar any part thereaf,t�y nonjudicial
<br /> fareclasure sale ar deed in lieu of fareclosure, the purchas�r of the Mortgaged Property,or such part
<br /> thereof, shall s��oceed to ali of Trijstor's �ights, includfng any rights to unexpired insurance and
<br /> ur�earned ot retumak�le premiums,in and toafl in�urance policies required by Section 1.05,subject
<br /> t�o limitations on assignment of blanket policles,and limiteci to such rlEhts as relat�to Ihe Mortg,aged
<br /> P�c�ierty dr such part thf;reof. If Beneficiary acquires title to fne AAu��age� :'ra�:,2rty, or ar.���ast -
<br /> thwrevf,in any manner,iY shall th+ereupon (as between Trustor and Beneficiary)become the sol�and
<br /> absnluts o�vneP of tl�e insucance poficies, an�at� prucees3s Qayable thereund�r tvith resp�ct ta the
<br /> M�+ig,ageci Prc�perty,or such part thereof, req�ired by SecfiFon 1.A5,with the soie right ta collect and
<br /> retain a!I unearned or retumable premiums th�n with respert ta fhe F�1ort�aged Pro�erty,or such
<br /> part thereof,if any.
<br /> Section 1.09. •,�yziver o6 Ofisc4.
<br /> (a) ff Beneficiary is made a party defendant to any liti�ation concemirsg this Oewd
<br /> of Trust or ti�cutiort�agea�roperiY,cru�i�y��Zi'ic�cvi Ti.':Rt^,Y°`.:2�t,o►alp� nr f1�r�nC�uL73ttCY
<br /> � th�roof by T�ustc,r,tt�+en Trusror shal!(ndemnily and h�ld Ben�clary hann�pss from a10 Cs:�lr�ty
<br /> , .; .
<br /> ;.. b�.veason of such litigat�cn�,�i�cluding ail attom�ys'��t�s and expenses incu�c6�y►Benefeciary
<br /> Y
<br /> in any such litigatiun,w�+ettiter or no!any such iitig�iion is�prosecuted to jw-�meait. U�an
<br /> . � Event of Default, Bene�ciary may err�lav an attomey a'attomeys to protect its�igte�►4lvere-
<br /> � under,and in the evQnt r�f,s�ach em�S4r�,n��nt foilowing an Event of Defaul�,Trustor JMaIJ pay
<br /> all attomeys'fees ancf e�cgi�ses incui'red by Benefe�c�ar�r.N+hether or nc�tarT�ti'on is a�tualiy
<br /> cammenced against�'r�i•y2iar:�y reason of an Event of 17efault. '
<br /> :�� , (b) •:. �r�'stor v�!aives any ar`i�S;ail right to claim or r�Ner�gainst Benefice�r�e its
<br /> . '�;-, ,;� �ffjGers,�emp(oy�es,agers;t�a�d representatives,fo��oss of or dxmage tn T�ustor,ihe Atioat�ed
<br /> �'��+periy,Trustor's property��r the praperty of c�!��fias und�r T�ustor's contnol from any cause
<br /> insured againsf at requir�to be insured against�y d�e pruvisions of this Deed of Trust. �
<br /> +;;::
<br /> � ;�,� (c) All sums payable�y�!'�r4istor hereunder shall be paid without notice,d��hd,
<br /> :�;�; counterclaim, setoff,dedi�ttion o�defense and without�batement, suspension, deferment,
<br /> diminution or rFduct€an;�?i��'Qhs Secured Oblig,atians of Trustar hereunder shall in nu way be
<br /> released,discharged or oti�en+vise aHe�cted by�eason oF: (�)any damage to cx destruction af or
<br /> any conderry�9ari�n qr similar tak+ng�s4;tt�e Mortgaged Pr�ap�rty,r cx any part thereof; i�i)arsy
<br /> � � �estridion aP:�r±wentioR.o4 or lnter#er�e�nce with any use of the 1Vi�rtgaged Property or any gart
<br /> ��kh�ereof; (iii1�any tit4e ¢�f�cct or en�u�nbrance R:A: any eviction from the Property a' tfie ,.
<br /> �Vaiccar�.wements, or an�r�,j�2rt.'thereof, by title par��r�ount or otherw�se;(iv)any bankruptcy, .
<br /> � insolvenc�r', c�eorganizatiorl, com�Micm, adjustment, diswlution, liquidation or other tike
<br /> • proceeding r�iating ta Trustor,r��n��action tak�en with respect to this�eed of Truro�.�y any
<br /> trustee or receiver �f�'rus�or, or by any caurt, in any such proceeding; or (v) airop.other
<br /> cxcurrence whatso�vc:r�Nd,�rether similar or dissimilar to th�foregoing;wh�,�::�t'or not Trustor
<br />= shall hav2 notice or{mcsyS�ge af any of the foreg�ing. To the eutent pemtiit�i by law,7rustor
<br /> waives all rights now or hereafter cnnferred by statute or�therwise to any a�atament,
<br /> susp�n�iar�,deferment,diminution�arrredudion of any Secw�al Obligation. �
<br /> Sectian 1.10. I�Ti���gitions. �
<br /> (a) Trustor agr�es to pay, prior to delinquency, all real pro�ercy taDCCS and
<br /> assessments,general and special,and all other taxes and assessments of any kind or�ature
<br /> whatso�,wer,which a�assessed or fmposE,�d upon the Matgag�ed Prope�iy, or aacarne due and
<br /> payable,and whEch create,may�eate or appear tu create a(ien upon the Mwtgaged Property,
<br /> or any part ti�ereof,or upon any pe�sonal prc>perty,ec�uipment or ather facility used in the
<br /> operation rer maintenance thereof(all of whlch taxes,assessmer�ts and oth�r g�v�mmerita{and
<br /> na�governmental charges af like nature are hereinafl�er refemed ta as"Impositions");provided,
<br /> however,that af,by law,any such Imposition is payak�le,or may at the option of the taxpayer
<br /> be paid,in installments,Trusta•�nay pay the same,together with any accruArl interest on the ,
<br /> unpaid balance of such Imposition, in instaliments as the same became due and be{`ore any
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