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<br /> •���.•• �!r'�^fl°j 1 92--�0410'� - -
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<br /> ' . 1n»tor sMll Po�►all tax�s,ms��ls and ofh�►cMrp�s�I�cWdinY�without limitatbn.N�rs and ir�•
<br /> �����'�.''�'��x:+�"'.6�"1°� S.T�.A��I���I�rin• Trustasholi
<br /> `�'.. °•,..�'"."�.:. ond boNbotd Pop�nts a praxd nnts,if an�►,b�fa�tl»s�m�b�con»d�linqwn���I Tnnt iholl
<br /> `_�- - T=,��.� positioesanributaOMtotM Iropwh.
<br /> _�,,,;� and in th�w�nt Tn�ta sholl mak� porn�nt
<br /> r�-� tly fumish to B�ficiary all notka of ana�nts dw urd�►Niis poroprTr�us,tor�holl pa1�dl tax�s and ms�:�s whkh mn�r b�Iwi�d upon
<br /> t�:�,.� a: promptl�fumish ta B�fkiary naipts�vid�ncMq su�h Pa1� • oi th�whob or onp
<br /> � -.��.:;• ;.. "�,.,� �fkiary's imKat Mni�or upon thh ONd of Trost wltlaut npord to ari law tt�ot mo1►b�Mott�d Impo�M'�0 Aol►�^► —
<br /> �,. ':� :�.;.� �;r po�t t1��pf upoe tM�eficby. c -
<br /> ,� �-.^.� �.'.. _ . � 6.Al�li�LMM�r/r1M�sIM��!�Mr�'�i�l��.Tnntor sholl mok�all pa�►nw►t�of M�t�r�st and principal ad Po1m�n�s o!onp
<br /> :. _� ���,,,____r��,;.. " � t itlp ' .---- ._-:—_, _.�_,_
<br /> ,�.,,...`•;'",'"�^" g oth�r eh� s,f«►s ad��s eaitraet�6 to b�poid o ary�xist u«r�ota.r�«�►ia►b.n.�e�o.»s�a�r a'w►d«a o irost ar mor-
<br /> tpap�b�fan th�dot�ti�r an ddkiqwnt ad promPt��PoV ad disehmp�an►r and oll othr lims.etoims a charp�s whieh rtwp NoDord��th�
<br /> "' �:�:+ :- ..r..,� � . s�curit�,qrontrd h�►�in. If Trus*a fails to mak�airy such porrt�nt or falls to p�rform a�ryr of tF»cov�aont�ond op►«nNrds coMoin�d in this
<br /> ' ' � - pMd of Trust,ar in an�r pria mortpop�a dNd of trust,of if any ation ar proe«di�q is eonMnmed wl�ich mataiolly ofbets B�r»ficiary't in•
<br />— ° � �� tvat in th�Prap�►ty,incW+dinp.bu►not Ifmit�d to,�m�nt domoin p►aMdinps,or proa+dGqs imdvbp o da�t,a if Trostor fail:to po�r
<br /> �� • �f'�' T�usta's debts q�rnrally as th�y b�com�dw, tMn 8�fieiary,ot 8en�fkiary's option ad without notiu to a dMnord upon Trusta and ---
<br />-=--5�' �� ° without rtbasirq Trostor Mam on�obliyotian hareundtr,moy mak�such appaaant�s,disbu�s�such suns, and tak�suth ation as is nsussary
<br /> :" " u � , to prot�ct 8�ficiary's iMenst includinp,but not limited to,disbursam�nt of reasonobl�attorr�y's fe�s, poym�nt,purcMs�.�ontat or cam•
<br /> . , . promis�of any encumb►aK�,charye or Nen,and entry upon the Proputy to mok�rpairs. In th��vMt thot Trustor shall fail to praun in• _
<br /> `,:,.'��`_ � ° :wana a to poy tox�s, ass�ssments, or any other choryes or to mak�ony pa►iments to axistiig prior litn holde►s or bmefkiai�s,B�r»fkiory � ___
<br /> '+r ' nw�r praure wch in:uroncQ ond moke such payme�t.My amounts disbu►s�d by BuNficiary pursuo�to this Paoproph 6 shall b�com�additionol
<br /> � ird�btedness of Trustor s�cu�d b►r this Dead of Trust.Such amounts shoA M payabb uPot�notit�ham B�ficiary to Trusta nqwstinp pay
<br /> ,;1.,f�r�ti_Sf:t... " �_�� .�
<br /> `�:::���: rtwnt thereof,and sholl twar intarat from the date of disbursmMnt at th�rote pa�robla hom tim�to tim�on outstandirg p►intlpal urd�►tM
<br /> , ''`�;����.w,. r. Note unless poyment of imerQSt at suth rote would be controry to opplicable law,in whkh�veM suth amouros shoN b�ar int�rast ot tF�hiphest _
<br /> ,` „ ., rme permissibl�wider opplicoble bw. Nothinp contained in this Poroqroph 6 sholl rpuire B�rkficiary to incur any��pens�or tdro on�atlo� �, ,
<br /> � , �� hKeunder. �;:_--
<br />: • :l ,• 7, b��t of RMtt.Benefitiary shall hove the riyht, power and outhority durinq the conl�nuonce of this Deed of T►u�t to collect the _.�,.____
<br /> �r• reMS,issues and profits of the Property and of any personol property locoted tlwreon with or without toking poss�ssion of tFw property affecfcd �'�''l"°" : ,`
<br /> � hereby,and Trosta hereb�obsolutdy and unconditionoHy assigns dl such rents,issuas ond profits to BMeficiary.Ben�ficiary.howevQr,h�reby ►---
<br /> • �� consenis to the Trostor's c olNction and retention of such rents,issues and p►ofits as tiwy accrue and bKwn�PaY��e so lony os Trusta is not, _
<br /> " at such time,in default with respect to poyment of any indebtedness secwed hereby,or in the performonce of anY ayreement herewder.UPon ��T
<br /> � . any such d�fault,Berwficiary rtwy af an�time,either in person,by o�ent,or b►r receiver to be oppoint�d by a court,withou►notice and without _�_..�,
<br /> • ent�r u ond tak�poss�ssion of the Property or ony Part ��—"`'�_a
<br /> repard to tFN adequocy of my secu�ity for the indebt�dness hereby secured.(u) P� """-
<br /> -�<;.' . I tM som�. ��-�� ,»
<br />• _ -_=-:� iharaaf,o�d in i1s orm r�e sese fa or othe►wisA cnllscr such rants.issws and profits,includinp 1hosQ past due and unpoid,ond npP Y ��..,.•,��;.;'�'.
<br /> I�ss costs md expenses of operotion and collection, including reosonabk attane�s fees,upon any ind�btedness secured har�b�.and in such �.��;-_ ,__
<br /> .` ordx as 8en�ficiary moy dekrmine; (b)perform such acts of repoir ar p�otection as mo�be n�ussary or proper to conserve the volue of the - -
<br /> �,.._�_.
<br /> � Pro p e r t�r:(c)lease the sortuor an y p o►t thereof for such rental,tQrm,ond upon suth conditions as its(ud�mtnt moY dictat�or terminate or ad• ����_
<br /> , " just the terms ond conditions of any existin9 leose or leases.Unless T�ustor and 8eneficiary ayree oth�nvise in writing,ony application of rents, �;�,,,,�;�.,.
<br /> „ issues or profits to ony ind�btedness secured hereby sholl not QxtQnd or postpone the due dote of the instalNnQnt pa�ments os provided in said ��t!!��__
<br /> pramis�ay note or chonpe the amount of such instollments. The enterin9 upon and takinp possession of the PropertY, the collection of such c,.,...__
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<br /> rents,issues and proflts, and the applitation thereof as aforesoid, shall not woive or cure any dofault or notke of default he►eunder,or in• ��,�,:, ,. . ,
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<br /> • validate on�act done pursuont to such notice. Trustor al:o ossigns to Beneficiary, as further security for the performonce of the obliyations ��ti;,u��:,,�i:
<br />� setured hereby,all prepoid rents ond oll monies which may have been or may hereoher be dQposited with sad Trustor by an�lessee of the Pro• �,,,� .._,,:.�:-
<br /> ,',:.. -
<br /> � ' perty,to sQCUre the payment of any rent or damoges,and upon default in ihe perfarmance of ony of the povisions hereof,Trustor agr�es to ,_,,
<br /> • ',i;t dQliver such rents and deposits to Beneikiary.Delivery of written notice of 6eneficiary's exarcisQ of t Iw�ights yrontQd hx�in,to any tenant a- „ ,
<br /> tupyirp said premises sholl be sufficient to require said tenant to pay said rent to the Beneficiary uMil furthe�notice.
<br /> imilar oction. ��� ' � -^+�
<br /> . g.Conl�lbn,If title to any part of the Property shall be taken in condemnation praeedinys,by right of eminent domam or s , ;, ...- ;
<br /> � ar shall be sold under threat of condemnation,all awards,damages and prxeeds are he►eby ossigned ad sholl 6P poid to Btnefieiary who sholl i . .
<br /> apply such awards,damaqes and proceeds to the sum secured by this Oeed of Trust,with the excess, if an�,pa'id.to Trustor.If 7rustor receives ! .::;
<br /> uny notice or other informotion regurding such actions or praeedings. Trustor sholl give prompt written notice thereof to boneficiory. '.;.:
<br />, Beneficiory sholl be entitled,ot its option,to commence,appear in and prosecute in its own name ony such ation or praQedinps and shaH be Qm .;;.ti.,::;�,.,_��'-
<br /> ,: titled to make ony comprornise or settlement in connection with any such oction or proceedings. �obli otions secured � � ••
<br /> " 9. R�Ii�t Met EseNr��. Beneficiory sholl be entitled to enforce poyment and performonce of ony indebtedness g � •�F��
<br /> hereby and to exarcise eH riphhts and powers under this Oeed of Trust or under ony other agreement executed in conaection herewith or any laws � -'"`,�,�
<br /> now or hereofter in foreQ, ratwithstonding some or oll of the such indebtedness and obligotions secured hereby moy now or hereofter be other- ;,. "
<br />. � wise secured,whether by mortgage. deed of trust,pledge, lien,ossignment or otherwise.Neither t6e atceptance of this Deed of Trust nor its
<br /> enforcemenf whefher by eourt actan a pursuant to the power of sale or other powers herein contained, shall prejudice or in any monner offe:.t '
<br /> , Beneficiory's right to►eoliia upon or enforte ony other security now or hereoher heltl by Benefitiory,it be�r►g aprend thot Beneficiary shall be �
<br /> � � enlitled to enforte this Deed of Trust and any other security now or hereofter held by Benefitiary in such arder and monner os it may in its ob- ' ,
<br /> solute discretion determine.No remedy herein confened upon or reserved to eeneficiory is intended to be extlusive of any other remedy herem
<br /> or by low provided ar permitted,but eah shall be tumulative and sholl be in addition to every other remedy given hereunder or now or hereafter •
<br /> existinq ot low or in equity or by statute. Every power or remedy provided hereunder this Deed of irust�0 6eneficlary or to which it moy be
<br /> otherwise entitled.moy be exercised.toncurrently or independently, from time to t�me and as often as mov 6e deemed eKpedient Beneficiary
<br /> � ond it moy pursue inconsistant ►emedies.Nothing herein shall be construed as prohibiting Benef+ciary from seeking a deficiency judgment against :
<br /> the Trustor to the exte�r such action�s permitted by law.
<br /> 10. Tn�ut��a}hoprryt Atw�ption.If all or ony�nrt of the property or any mterest there�n is sold,transferred er conveyed by Trustor
<br /> without Benefitiary's prior written consent,extluding la)the ereotion of a lien or encumbrance subordinate to this Deed of Trust, (b)the creo-
<br /> tinn nf n e�v�Mcn manev s.curitv interest for household applionces, (c)a t�ansfer by devise,descent or by operotion of law upon the deoth of o
<br /> '� .� joint tenant or (d) the gront of any leosehold interest of three years or less not contoining an opt�on ro purcnase, nene►i�iury mu�. ui
<br /> '�:,;�'•`'; ^ 8enefitiory's option,datlae all the sums setured by this Oeed af Trust to be immediotely due and poyoble,or couse the Trustee to file o notice
<br /> :� of default,Beneficiary shall hove woived such option to accelerate if,prior to the sale,transfer or conveyance.Beneficiary and the person to
<br /> whom the property is to be sold or transferred reach agreement in writing fhat the credit of such person is satisfactory to Beneficiory and that
<br /> , the interest poyoble on the sums secured by this Deed of Trust shall be at such rote as Benefivary shall request.
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