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..._. �____ . . . <br /> : . ... <br /> � _ - .. . <br /> � __�:�-��:.=-- <br /> --__ ..�_�_ -_..��-��.-.__. <br /> . ... ...�_.___ ._ <br /> , ,•;,,,,,,.._.... �_,,...._ ..,. __ ._ .._ -Y-.._. __. <br /> �' , .. � ""_'_ --,��_-.--- _ ._�PiffA'Ci�Lt�-- �.�.��.� _ <br /> .`3�i`i�'� � _ _ - <br /> � ��- 3��t�'� _ <br /> by ownar'9 and o�aretoro of almltar propartlas and u E�onellciu�a may requlra far iCa protaction. Trusto�will coiti�ply - <br /> with:uch other requfremants aa Beneficiary mati� 1ra��tirns to timo roqueat tor tF►� protactlon by {neurance of tha - <br /> int�re�t of the reo�oativo partiea. AU ins�rance pa!��,.b�malntsinud purouent to thia Dertl of Trutt thall name 7rwtar ° <br /> and Be��eficluy aA innured, aa thalr raspectiva intc�a:t m�;�A^;�+ +�Provlde that thero�h�li be no cant�li�tl�n or =. <br /> modification withaut fiftson (15) days p�+ar wrltt�►nr►t'rficat'scn ta Truatae�nd Bawf+clarY• IN the event sny poticy _ <br /> hereunder is nat ronawad on or befora fift�n (161�aya priar to itp expiratia�n date,Trustee ar Berseficiary mey p:ocure _ <br /> such iruur�nce in accardanca with tfne proLisWn� oi P�:sp�aph 7. Tsustot shall �Jaliv�r to Benaficlary tlw otipinW <br /> policlw of Inturenaa end rertowels theraof o�cap���as of�uch pallcios and renewsle theraof. Failuro to iumish such - <br /> insurar►ce by�'��uutor, or renow�la as requi�sd her�or.shaU�aY th�option oi Barwilclary. co�stituta a defnult. AU <br /> unearrwd premiumn e�e hareby a&signed to Trustf�a� addittor►el aecurity, end a ssle and conveyancs of the Propsrty <br /> by ths T�uatofl ehall operete to convay to the Du'����r the Truc4or's intereat in�nd to aU poUcias of insurance upon <br /> the Trust Proqorty. <br /> 6. Taxs� and A�sassmeM*• Trusto�ahsll pr�y a!i taxes and speclal assessmsnts Ievied ar assessed sgainst,or <br /> due upo�,tha Propony lwfo�a delinquency and r��;'1 dp!ivor to BenAficlary copioa of rscelp4s showing payment ot such <br /> taxes and spualal assessmenta. <br /> g, pdditianAl t�en=, Truato�shall maka a!!pay�nsnts af intero�t and p�inaipal,and psyments of any other char�es, <br /> T�rust aMc�t�apo&or otherrse utlity g ement.abofore tthe d te t tt+iyeare deU quen efnd tcr€4�Y a V athepcleim�whj�,�A <br /> jeopardixop tha saourity�tanted hereln. <br /> 7. P�ote�tlon of B�n�fidW�� S�urity. Shauti Trusto�fail to make ar�y p�yment, fsl!tu d�any �ct as hsreln <br /> provided o�if any actian a�proceeding is commen�ed whlch matterlal�Y affects Beneficiary'a Intarast in ths PropertY� <br /> Inclu�lnp, but ne� Umited to, emi�e�t domai�. Insa3vancy, e�ran�eme�ts or proceedtngs invalvinq s bankrupt or <br /> deaadent.than Benefi�la�y or Trustes,but withc�ut oblig�tian to�o so,and without notice to o�demand upon Ttustor, <br /> end without releasing Trus4er f�om any obliyatian hereunder,may make o� do the seme, a�d may pay, pwchass, <br /> conteet ar compromise a^x�yT encumbranco, ch.�ra�ot Uon, whic:9� in the judyement of either eppem�s to affect ssid <br /> prapaityt in exerclsing a�y sr�ch pow�es.the�"�t'jcis►Y or Trustcw may incur a tisbility end axpend wi�stever amounta. <br /> inaludin� dlshursaments of ressona�'�a+�Tt�rneV�s teos�which�n their ebsolute discroti,�ct maY ba necessary• �n the <br /> ev8nt that Trustor shall faat to procure insuraruca,fail to WY ��� ��'� °��'�ents a fail t4 mako anY <br /> paymenta to axisting or pr�or Ilen holde�s or be�ef icisries,the Baneficiary ma�F p���sv�h insu�ance and maks such <br /> p�y�menta. AI�cumt i�curred or expended by Ber►mficiary or Tru�tee in accocd,ence vuith ths p�ovisions ot ths Deed of <br /> Trust are secured hereby and,without demand,st�aJ!be imm�diF+telY due and payabi�b�p Trustor and shall bear interest <br /> at,tha rate provided for advancea undu the Lwn A9reement;providsd, howeve�,that at t,Ae option of ths Ben��'iccarY <br /> a�Tru�tee,such sums may bs edded to tli�s prin�s,pal bafance o4 a�y indebtedness secvi'ed hsraby and chail bsa�ths <br /> w�cnp inte►sst as such incb�tedness and shall be payable ratahty over the ranalnin� term thsreof. <br /> 8. psslpt►m�nt o!�.Beneficiary shsU hs�ra tt�e ciyht,power and autB�itY du�ing ihe conttnaaar�cs of thls Deed <br /> pT�I�I1C['Lp Co/p7C71 it`�o ioi�t'a�io�iivS Z't'«'�.�:L`�»^#L�!4'!^-.�Y and ot enro t�son�i Drot�tY locst�a8 tl'ierson with or __. <br /> witttout takin�possassion of the Prept+��y efieated hereby,and Trustar ha-e..°�:bs�:te�y end unce�r�d?tionailY Msigns <br /> aU suoh renta,issues and profits to Beneficiary. Beneficiary, however,here�}c�sa�ts to the Trustor's coilection and <br />- rotantion of such renta,issues a�d proflts ss they�ccrue a�d become payalr➢e sa lon�as T�ustor is�ot,at such time, <br /> in deteuk with raspect to payment of any indebtedness secu�ed hereby cx in the perfo�manca cE anY 89te�►�t <br /> hareunde�. Upon any such defsutt, Be�ef�ciary meY at eny fune, either in �son, by agent or by s recsiver to bs <br /> appaintad hy a court.without nottce and withoui rega•d to tho adequecy of any sectu(tY for the indebtedneat hsraby <br /> cecuted; (a1 eMer upon snd take possession of the Prvpenl� or any part thereof and in iu own name sue faua cr <br /> atheuwise eolleet wch rer�ts,issues and profit=. inatuding those pstt dus and��npsid, an apply ths seme. lass eosts <br />- �md expenses of operatca�a and coliectio�.inctuding reasana�fe attomay fees.upan any indebtedn�ss sacured hereby <br /> .��d in cuch order sa Bane�ic+W may determine: (bf perform auch+Gts of r�pair or p�otection ss m�P bs�ss�1►o� <br /> p�oper.to coruenre the value of tha PropWty:(c) te�ss the s�ns o�any part hersof for such rantal t�and upert such <br /> . conditians as it�judgmant may dictate. Untess'Trustor and Beneficiary a�rea otherwise ir�writinp,arty applicat�on of <br /> •rent�,.issues or profits to any indsbtednesr socured hereby�l�ll not sxtend or postpone ths due due of ths instaliment <br /> piryme�ta as provided in the Loan Asreement, and ths �p�lication ther�a� �t aforeseid shail noc araive or curs any <br /> defauk�or notice of defa.cit hereuncler or invalidstc anY n�t done purse�r4 to such notice. Truatar also assig�►s to <br /> geneflaiary,as further secu►ity for the performana oi the�abli�arions secured hereby,ail prepsid rentc end al!rreori�es <br /> whlch•may have been or may hereafte�be deposited with said Trustor by any lessee of the Property,to aecex�ths <br /> payment of any rent,a�x!upon default in the peetorms� of any of the pioviaions hereof,Trustor aprees to delivar <br /> - such ronta and depnsits to the Beneficiary. Dali•leryo of vrritten notice af BenefictarY's exercise of the rt�hte��anted <br /> herein ta�any tenant occupying said premises shall be sufficient to rer�ire s�id te��ant to pay said rent to the <br /> Bensfici�uy until furthev notice. ht of <br /> g, Cpnd�nnstion. If title to any part of the Prope+ty sha� be taken in coridemnation proceedinps�bV�8 <br /> emiMnt damain w simiJ�r action,or shall t»sotd undet ttueat of condemnstion. all awsrds. damapes ar►d Procseds <br /> are i�aup�3$r+a3:��'.:.��C�*.�BenetIc�ar;► wix►�iwq aopty cuch award,damapas and Prace�ds to tttie swn& <br /> secursd by the Deed of Ttuat. v�tith tM excass, if snY,psid w the Trustor. <br /> 10. Futwe Ad+++inca. The Loan A�reement pcovides fo� advances from time to time to Trustor by Benaficisry <br /> as providad therein. In addition,upon request o!Trustw, Ber►efici�y►, at Banefi�iary's option, prior to reconveyance <br /> of the Pruporty�to the Trustor, may make addEtiocial future advances to the Trustor. Such fuwre advances. with <br /> '� interest thereon,sha11 be secured by this Deed o!T�us3 when evideaced by prnmissory notes sUting that satd notas <br /> = are secured htueby; provided me�i ai rw ii;�io st�«€ the secured principal and futura sdvances, not includinq sums <br /> - sdvsnced w protoat the security, exceed one hua�diad perceni (100%) of ths original principal amounts aecured. <br /> � i�ereby. <br /> - �7, pan�dle�CumulMlv�. Atl remedies proviciod in this Deed of Trust ue distinct aru! c�+ul�►�t0�ny other <br /> - ripht or temedy urtdor this Deed of Trust ov �ffo�cted by law or equity, and may be ex�rcised concurrendy, <br /> -' ind�oendentiv or sur.cessivetv. <br /> - �2, pcc�adon; R�n�dios; Sa{�. A de�a�:I:shW exist in the eveni of: <br /> '' (A1 Any fraud or misrepresentation by the Trustae in cormsction with the lins of credlt which this Deed of Trust <br />--- secures; <br />— � <br /> . '� �•Z <br />