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<br /> by�wner's end op�ratorm ot almfler�roportles and�s 8eneficic�ry mey requlre fot ita prot�otion. Tr�stor wil!compiy F��
<br /> wlth euch other requlrern�nt� es Banwflcla�y m�y f�am tlms to tlme �mquesf ior tho prot�otinn by insurance of the
<br /> Intare�t of the rA�pscuvs pertin�. All In�ur�nce pollcie�rrs�int+�lnod pu�su�nt ta thle Daed of T�u�t ahelf name T'su�tor
<br /> wnd B�neflciery a�Entured,ns thalr�e�pective Iroiareo3 may appear end pravlde th�t there�hall be no can�alistlon or
<br /> moditic�tlon wlthout flitean (16) dsye prlor writt�n notlfic�tlon to Truateu end 8ensilclery. IN th�event eny pnllay
<br /> �ia?biUiiijar!��ot rcr.�tic�on ar b_foro flttc�n(16)c�oya prlar to!tn ex�lre�tl�n dr+!!+,1'v�htee or[3eneilclAry maV procuro ,_
<br /> �uch Insur�nc� In accardmae wlth th� pravitlont o!P�►�prnph %. Truitor •hell dsliwr to Binoficfary the A��Igln�l�
<br /> poli�fes of Ineuronce�nd renew�ls tharsaf or coples of such policlet and rmnewela theraof. FAilure to furnl�h�uch
<br /> Insurencs by Tru�tar,ar renewal�a�required herwndsr, shsll,at tha optlon of Beneticiery,canstituta e dsiAUlt. All
<br /> unearnsd premiums are hereby e�alqned to Tru�tee es sdditlons�aecurity,cnd e eele�nd conveyence ei ths Property
<br /> by the Truatee�helt operets to convey to thn purcheaer tha T�u:lor's tnterest in and Ro alf pollctes of inaurence upon
<br /> the Truet Propsrty.
<br /> 6. Truca�nd Atwum�ta. T�ustor sh�ll pay eil texa� end apeclal a�ao�aments levied or sasesaed epafnat, or
<br /> due upon�ths Property betore dslinqu�noy and wfll delfver to�eneficlery copiet of recetlpts ehawing payment of euah
<br /> taxea and speclel asibisments.
<br /> � 6. Addftlo�tiai L.i«a. Truator ah�lb meke all pnyments ot intereat end pr(nafpal,end payments of eny ather charges,
<br /> fMa,snd expenses contrected to be�pafd to any exiatin8 Ilen holciers or prior beneficie�ies under eny prior Deed of
<br /> Trust, Mt►rtqt�m or other security agreement, beforo the date they ara delinquent and to pey any other c!p(m which
<br /> Jeop�rdiae3 the aecurity grAnted heretn. -
<br /> 7, P►ot�ction ot B�flolary'� SrcuNty. Shauld Tru�toi f�ll to meke eny payment. fall to de any�ct as hsreln
<br /> provided or if eny e�ctbn or proceedfng is commanced which metsriall� aNects 8ensficlery'a Intsrert tn the props►xy,
<br /> includinp, but no lirnitad to, eminent domefn. Insolvency, err�nyament� or proceedinpa involvfn� a bankrupt or
<br /> decedent,then Beneficl�ry or T►uetee, but without obligation to do so,and without notics to or dsmend upon Tru�tor,
<br /> � snd without rsleasiny T�uttor from any obligation hereander, may m�k� or do the �an�e, er�d mey p�y. purohe�sa,
<br /> contest or comprornise andy encumbr�nce, cha�ye or lien,which in the judgement of either appeers to affect s�d
<br /> Property;In exercisinp sny euch powers,tha Bensficlary or Truatee may incur a liabillty and expend whetever.amount�,
<br /> Includinq�iabu►aement�of reatoneble attorney's faos, which In their ebeaiute dl�r.retion mey be nRCS+=a►Y. (n the
<br /> • event that Trustor ahall feil to procu►s insurance, fail to pay taxes and special ssse�sments or fail to m�ke any
<br /> payments to exlatirey or prior Ilen holders or beneficieries,the 8eneficfer1r mey procure�uch insurancu and mAke:uch
<br /> Paymstlis. i�ii sums incu�roii vr vii�oi�ua�i uji^oei�oe►���y�it;':tr:t'w!3:aCCO,�ai�vi::::h f:'S��'Q2:'�l:li��!gl3i�n!'!�nt
<br /> T�uat ere secured hereby end,wlthout d�mand,shell be imrnedietety due end peyable by Tru�tor end:h�lt;be�ar ir�ter�st
<br /> et Ehe rate provlded for advencea under the loen Agreem�nt; pravkled, however,that et the aptton of thb•�enefidAry
<br /> or Trustee,such aurn�m�sy be eddsd to th(s principal bblence ot nnydndebtednes�aecured he�eby and ahail bs�r�the
<br /> same interost as auch indebtednaaa pnd�ah�ll;be payabte;ratnbiy avor the romqlning term thereof.
<br /> � 8. Assl�rNnt of Reab. Henatici�ry.shett have the rlght,power�and authorit�during the continuanGO..of this Deed
<br /> �' . of Trutt to coliect the rent�, fa�uss end prot(te of the prbPerty eqd pf any per�pnet p�openy tocated tF�+i[son with or
<br /> w;tli�ut�takinp posseieion of ths Prop�rty affected heroby,�nd�Trustor hareby ab:olutely end unconditionalfy assigm
<br /> , WI sueh rsnts,ls:wrs and profit�ta Beneficiery. Beneficlary�howgver,hqreby conaenta to the Trustor'a collsGtian and
<br /> � retention of auch rent�, iuues and protits es they eccrue and b�oome.peyebla so long�s Tru�tor t�not,et such tlme,
<br /> In default with respect to peyment of any indebtsdness.aecured hsreby o� ln the performenco of any upreim�nt
<br /> hsrauncler. Upoa �ny�uch default, 8unsficlary may et ��y tims, efther In per�on, by apent or by e rec.aiver�to be
<br /> '� eppofntsd by a court,without notica end without regard to the Adequne}►of eny aecurlty for the Indebtedness hut'eby
<br /> i sscw�d: (�1 �ta upon end take pos�ession ot the Praperty or��nK.�part thereof and 3n'ite own n�+me sue for,ar
<br /> • otherwl�colbct seueh�enta, Is�ues and p►ofits, Including tho�e�Sast dae end unp�id,an��pp}�the aame, less cnste
<br /> and expsnr�e of opar�tion and collection,includiny,ree:oneb0�ettorney tees,u�son�eny Indebtadness Becuted hereby
<br />: end In such ordsr ss Bs�eficiary mey determins: Ib)�eeriorm such scts of ropeir•onprotectfan aa may�tie.nececs�wy or
<br /> proper to conse�vs the value of tha Property:(aI leara the snme or any part here►ot fior auch:rente�term:end upon such
<br /> conditinns u its judymsnt may dfctate. tlnlese Trustor snd Bnneficiary agree otherwise in.writing,enli appltcatlon of
<br /> � rent�.irsuws or prAtitt ta any indebtednesa secured hereby ehall not extend or poatpone the du�dete of tNa instaliment
<br /> i peymsnts a provi�cled in the Loan Agreement, end the#�pplicatlo�thereof as t�forasaid shall not welv�:�r cure�ny
<br /> dsfautt or notice ot default herpunder or invelidete �ny sct done qursuant to suoh notiae. Trustor eia�;assigns to
<br /> �' 8en�ficisry,as further Recurity for the performance of ttie obiieetlon:secured h�reby,ell prepatd rents and sl!monka,
<br /> whlch m�y heve been or m�y her�efter be�deposite�d wfth seid Trustor by eny�teseee of the Proparty,to securo the
<br /> � paymsnt of sny rsnt,end upon default In the psrformence of eny af the provi�lana �ereof,Trustor agrees to deliver
<br /> � such rents and d�potits to the Beneflciery. Delivery af wrftten notice of Benet;�tary'a exsrcise of.the rfghta grented
<br /> � hRrein to eny tenent occupyinfl eeld prem(eea �hnll be eufficfent to �equi�e ��id tenant to pay said rent to the
<br /> 8eneficlary until turther notica. ..
<br /> g. Co��rw�tion. If titte to eny �an ot the Property shall b�teken in ccmdemnetion proceedings, by right nf
<br /> eminent dom�i�or aimiiar actlon,.or ahAll!�e aoid under threat of cundemnation,att awarda, damagqs end praceede • ,
<br /> . are here�ryr s�salgond and ahell�b�p�tci to Baneftciary who shNt apply tuch awat�,damayea end procsedt to the suml � - �
<br /> sscured�dr�4tia Oaed of Trust;.w�4h tho sxcess, if any.:p�id to tha Trustor. . • _
<br /> ` 10. ��rtti�re Adv�noN. Thb Laan Agroement provides for edvaoces from'A7m�to tfine to Truator by Beneficlnry �
<br /> • as provided therefn. In eddition, upon raquest of Truator,8enoficiary, et Beneficlery's option,prior to reconvoyance
<br /> �_ �_.� n.._a_ t.. �.1.. ...NI.
<br /> Oi i�ID Y►OpE►[y Lv i110 In�S[or, mary maice aaciiiionei iuiuio BciVanGva iv u�a �ruaavP. �uv�� �wv�o w..:...w. ..••..
<br /> interest thereon,shall be seaured by thla aeod of Trust when evldenced by pr�missory notes stating that seicl notos
<br /> • are secu�ed hereby;provided that et no tBmo shatl the sacured principel end futuro edvencea, not includfng sume
<br /> edvenced to protect the aecurity, exceed one hun6red percent (100961 of the o�iginet princfpsl emounts securod
<br /> hereby.
<br /> 11. fi�nadl�s Cumul�tive. All remedies pravided in this Qeed af Trust ere diatinct and cur�uletiv�ta tny other
<br /> right or remedy under thls Oaed of Trust or eftordAd by lew or equity, and mey be exei�cised con�urrentiy,
<br /> irsc;apendently or succeaalvely.
<br /> 12. Accslw�t�on; �'t�m�dla;S�1�. A default shall exist in the event of:
<br /> (A) Any freud or rnlsreprASOnteiton by the Truator In connectlon with th� Ilne of credit whlch this deed uf Truet
<br /> aecurea;
<br />_ , • 9/94 aoa•s �
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