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<br /> � notllk�qbn ta Tn�Ms�nd B��Nicfa�f.tn tA��wnt anY Dak1►Mrwnd�►�s not rarww�d on a b�or�Nfts�►t1�da�rs p�ia�r to�
<br /> � its�xpt�ation dat�,TtustM or�ietktul►niaY P��inwanci In swocdar�with ihe pro�tsions ot Puapaph T
<br /> •.. Tru�tat sh�il dNiw►tv B�nMktuy th�ort9ln�l 0olicNt.ot insuc�aiid rMNwals th�r�of or eopNs oe such poticia and _
<br /> _ , ����to Wmistt such tnsurano�bY Ttustot.ot ntf�wNf�a nq�ind Mnund�r.ihall�at tM option et
<br /> •a dMuNt.Alt un�am�d pnmlums+n hKSblr srslpe�dtoTrautNas ad6[tbnal a�urity.�nd a�aN snd
<br /> conwyane�ot thf Prop�tY b!►tAsTtustN MaH opMatt to conwy to tM purohaeer th�1Yustar's int�rytt in and to at1 poticNs
<br /> - of ieaurincttWa�E tlNTtust P�oP�lY- ° : - ` - -. ` � ___ --�-
<br /> � S.Tw��A�R��rill dNiw�to �8�flc�arft��o��ptstshawin�MY�+t�of snch taxas and sp�ctat - --- -
<br /> � Frpp�Ry b�to�s OMMp�ncY `
<br /> �ti. � ——
<br /> A.�MIfMiM Ltw.Tnatw�hat1 mslw a�i payments ot Int�nst�nd princlPd,and Wlmn�►t:of any otlwr ctwqa.t�a..nd
<br /> -'- �p�n�s o�oMract�d t0 b�0+�to���INn fwld�rs�0��ticWNs undK�m P��o!Tnat.Mortpp�ar
<br />-- a�Ncu�N!►�wrt�M•bNon ths dst•thaY an dslrn4wnt uM to ar�►��craim�fitch�wp�rok�tns�curft�r .
<br />�;� �rar�t�d t�rNn•
<br /> - T.h�sMolla►'et M�MieiM�s�wiyf-�Id Ttustot faJi to malce anY PaYmsM.tai!to do an!►act aa Reraln pro+rid�d or(f �
<br />= any actlon ar PmcNdirW Is comnf�nc�d vrAlch matKiatty aftects BsnaHclary's interast in ths i�oputy.lnctudlnp,but not ----
<br /> - �Iimlt�d to,�nln�M dorrwtn.inaMrsncy.arta�pNr�nts a procesdin�s tnvotrtnp a baataupt or d�c�dsnt.thsn Benslklary or --
<br />-,.�.� T�ustN.but without Ob�ipatton to do so.�without natiw to ordem�nd�pon Truato►.�nd wltAout roteaslnp Trustor irom any � -
<br />- , - otbtyttton h�reunQK.maY m�c�or do th��anN.and may P�Y.P�ralia��contat a comD�lss any encumbeanc0.ahar�s ar �=�
<br /> li�n.whlch In ttis jud�►:�ent ot dthKSDP�+t0 ittict saW PropertY+In�x�rcfsln�any such powws.tNe BensticfM►orTruatee . ��;:�_—
<br /> . � may Incur a Iiabllity sntEexp�nd what��nte„tncludtnp dt�b�sn�nwnts of[e�son�ble mannr's f�a.which in tANr a�
<br /> �--{•._�-
<br /> ����crat{oii magM n�as�r.!n th�w�►t that Trustor sba�l tall to procunr Insunncs.h11 to psy tan�s and sDectal ��__:
<br /> - `a faftto m�tcf Yn�ts to acisiteq or Prio►Ilsn IfWQar�ot b�aikluN�.ths�tlClary may P�ure sucfl �.=,�;;=
<br />-= as�sm�nts �►f►Pa
<br /> �:, -_
<br /> - �. Irauilinc�and msi�sc�ch WY�ts.All sunfs incurred orexpM�d�d b7►8�tklary w Trustre in accar�dance w(tA tM provb _ �_•�_-�____-
<br /> . : slans of ths�ssd cf tstrst us s�cund henbY and wtthout d�mana.ehall bs tmmadht�h►due snd MYabte by Trostor snd st�atl ;,�,�.:;_.
<br /> -,'` brsr Intsreat at tM rat�,pro+►14ed tar advances undx ths Loan Ilprasrt�snt;providsd,howsrer,tNat st ths optlon of the �-a:;:._._
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<br /> Bsnsflcl�ry or 7nutM�a�r�c3►sums may b��dded to tt�s pdnctpat batancs of any tnd�btedness s�cured hersby and sNalt bs�r �.__;._`_ -
<br />� � ` ths ssms Interest ss su�tis��-�d�btec�ss+nd sh�ll ds psY+�te ratabty over ths rematnlnp term thsreot. , �. • . ,--
<br /> � • ` g,���p a��;:��:ary shall haw th�dpht,power u�d authorlry durinp ths continwncs of this�sad of 7nist ta . .� t� �.=_
<br /> ' �' �':)" • . - -_' .
<br /> colt�at ths rent0.I�au�a���its ot ths Property and ot any personzi�tope�tY tocsted therson wfth oi wlthout tskla� .� .:•: ,'�.'`,;��
<br /> __ r.�- �� `- postKSlon of tbe PtoP�x'��a'tfe�ad 1�erebl►�a�d Trustor hsreby�bsolutety and uaconditionally asalpns slt auch rente.Issues . � . , .; ,__
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<br /> a�b protlts tq Bsn�tki�:�ut�c�ac7►• howava�herobY con�ta to.tQs Trustol's coltsction and retentton ot sucb rants. �`' r• :«�_
<br /> . :f'� Issw���d proflts a tMy accrue a�bscorrN PaY�bb ao tort�as Trustor ts not,at such tims.In dshult wlth rospsct to pay- � � �,y:=;��:4k=--
<br /> �`�= - ' mMt ot any InAebtedness a�cure�i hsreby or In ths pe�to�ance o f a n y a�r s�r N n t h e r e u n d s r. U p o n a n y s u c h d s hu N, � � �, ,�_.,�:�-�__
<br /> B�fkluy may at sny itcns.s t t h sr In psreort.bY a�e n t o r b y a c a c s f M e r t o.b e�R P o l n tad b y a cou rt,wlthout notics a�d wlthout � L. -,.,_ ;;."
<br /> �' =- ��„��. �: repara to tM adsquscy ot�ny a�cur►ty torthe ie�AeL►tedness hsrsb�►aecure�{a�enter upon a�M taks po�issabn ot ths Propsr- . :, ,, -
<br /> ;:�£. .. ty a�ny par!thK�ot a�3n tts o+em nafie sue for�!othe�wias cottect such sents.laaues and Drof its,�?+�tudtnp those W�st due. . �•~,nc
<br /> ,'.. �:��:`�'�;��:'... aad unpald,and aDDtg the sama tess coats ae�d expsnssa of opsration and coltectton,Inctudt��ne�sonable attorr�sy tsss, _
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<br /> ;J'�r:,,,�-��{;:� upon sny In4sMsdneas sei�uredt�esebY and in auch o�dar as Beneficle�ry may dete►mine;(b)pertonn such acta of re�.sarpro- �,.,_
<br /> --�:=�:=��?-h � tactlon as may bs nscass�ryor proper to co�aervat�e vatue of ths ProperlY,(c)teaas the same or nny ps�rt hereot toranch ren- .
<br /> ' ` � �" � tal tem and upon aucb vanditlona as Ita Jud�ment rnay dtctate.Unless Trustor and 8enefictary apree otherwlae In writfng,any ; .��=��-
<br /> ` �ppllosticn of renta.issires or profits to any tndebTaCness aecured hereby shalt not extend or postpons the due date of the 1n- ,. _._�
<br />� ��''� ��� �' , st�llment psyment�aa�rov1de01n the Loan Apreement,and the apD��cstion thereof aa sioresaid ahatf�ot watvs or cu�e any ' ;;�r��.
<br /> ;��,: .
<br /> , � _� d�fault or notics ot defaul!herounder or Inv�tidete any act dona pursuant to auch notice.Truator atso aaaiqns to Brneflciary, ,,s,,. � :_��i_f�
<br /> . . :=�` har sscur for the psrtormance of ths obllpattons se►:,ured hereby.all prepatd rents and atl moniea wh���'�Y have ��, ,.±,; ., ;-,:�,
<br /> . '. . }>, as turt ttY �-
<br /> ::� ' `,� `-' � been or may hereatter be deposlted with eaid Truator by any^easee of the PropeRy,to secure the p�ymaM of a��c�nt,and , L��_`
<br /> :.�;�-.�°,.._.... �_ � .
<br /> �• �� � �
<br /> ��'�^:i.: ?.�_ ,� upon defautt Im 1he p�s!Oramnce of any of the Frovlalona hereof,Trustor ayrees to del►ver aucA renta and c�sits to th� �,;�
<br /> ��T�'�` 8sneticlary.OeUvery at�wrltten nottcs of Benei.�.ary'a exerciae of the rights S►anted herein t0 ac��s teaant c�rr,spY�np aaid ..
<br /> �� .:�•:�-��. � premisss ahall be eut�[cienl to requlre seid tenaat to pay said rent to the Beneilclary untll tuRher ce�^.;e. � . � � .;�,�.r���
<br /> r4 `` . � , .•r�:,'.
<br /> by fipht of emtrtent domaln •� .� -�.
<br /> � _.. g,Cand�nMat{on.lt titts to any RaR o!the Property sha11 be taken In condemnatlon proceedinps, � . :.,;•,� ..
<br /> . -�;-.,:.• or almltar actlon,or analt bs aotd c�c�der th�eat of condsmnatfon,all awards,damapes and proceeds�re hereby aasipned anti
<br /> ":,`` �:�',
<br /> _ •�r,.-,:;; . �hall bs p�IQ to 8er�fic:�ry who ahall aDP�Y s��award,dartiaDes and proceeds to the suma secured by!he Deed oi Tru�t, � ' ':'�r,��� �,",�,�;°;,
<br /> '° �: = � wlth ihs sxcess, (i�rty;�tatd to the T�u�tor. � �'. • • �
<br /> '. !'i1�:}.'' , , .
<br /> �:*�:. -•�r� � 10.Futura Aavants�The Laen A�reement a�a'.ides tor advance�from time to time to Truata►Dy�iefictary aa provided
<br /> -�=�-''�`�=� theretn.ln addltiort,itpon request of Truator.Beneftciary,af 6eneticlary'a optlon,prior to reconveyan'ce of the Propeny to the � .
<br /> :'��:-.� ,
<br /> ' Truator,may make additlon�l futuce advancea to the Tro�tor.Such tuture edvancea.witA Intereat thereon,ahalt be secured by � � .
<br /> � �� ' � thls Dead of Trust�rfien evldenced by promissory notes stating that sald notes are secured hereby;provfded thet at no time •
<br /> � ' -- ' ahall the aecured O�rclpal aad future advanCes,nat includins sarsss advancet!to protect the security.�xceed on�hundred per• i ______ _ ____. _
<br /> �,g, : .' � cent(100•/.)ct tne cr�9ina1 princlpal amounta aecured hereby. � f � � . .
<br /> � � �� 11.MnMdIM Cun�W�ttw.Atl remedie�provtdtrd in thts Oeed o}Trust are distlnct and cumutat:+e to any other rlpht cr j
<br /> � �emedy under this Dsed of Tru�t or attorded by law or equlty,and may ba exercl�ed concurrentry,indcpendently or auccessive. � • � ,
<br /> • ��� iy. �� �'
<br /> �: . • 1�,Aoo�N��tton;R�nMdi��Sal�.A default ahall exis!In the event of: •
<br /> � y�t:' � (A) Any fraud or miarepresantatien by the Trwtor tn eonnectlon wlth the Une of ccedit which this IIaed ot Trust seci:re5;
<br /> • � (B) Any fallure en the Dart ot the Teuator to meet the repayment terms In resAect to the Loan Agreement and any other aQ- ;
<br /> vance�under Ih1s Oeed of Truat hereby secured;and. ; �
<br /> ' �� � (C�Any acUon by the 7ru�tor prohlblted by the terms of the Loan Agreemant or this Oeed of Trust or any failure of the Trustor 4
<br /> . . • to�ct as requlred by ihe Loan A�reement or thta Oeed of Trust,each ot whlch Truator hereby a�rees have an adve�ae ef• : .
<br /> , " °' ". , � (eet on the Beneftclary'b aeeurity for the Ilne of credit estabHahed and the rights of ihe 8eneflciary In such security,
<br /> � ' • and upon the happenlnp ot any sucn event o1 deiault.BAnefiCiary may decfare aH sums seCUred hereBy im�s�ediately due and .- .
<br /> � � •�� � � psyabte by delivery t�?rustee of written dectaratlon of detault.Thetrustee shalt have the power of sate ot the Piopertyr,and i1 �. . �
<br /> � ; ', � •� Beaeticlary desire9 ttie Property ta be aotd, it shstt deposit wlth Trustee thls Deed ot t�ust and alt prortaissory notes and . . ,
<br /> � . . dacuments evlaencing expendlture�secured hereby and sha�1 delluer to Trustee a whlten notice of default and election to ,
<br /> � . cluse the Pr�Feny to be sotd.and the T�uste��n turn shall prepare e notiCe In tne form required by law.which shall be duly til•
<br /> . • ed tor tecord by Trustee. �'
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<br /> ' ,. � (/�) ARe►trt�f8pse of suthtimb as f�FBy b�reiiulrad!�tlati iallOtrotng!t=e reeocslalta�e!eal�not►c�+e!defauit.artd notlee o _ _---__-,-;_---_ �
<br /> ' � � �, .y�: detau►t and notice of safehavin�been gtven as reputred by law,Trustee,withouf demand on Trustor,shatl sell the Proper•
<br /> � c. ty on ihe date and at the tim�anA ptace destpnated In said nottca ot sate.at public auctlon td the highest btdder,the pvr-
<br /> � t chase price Rayabte in lawful money o1 the United States at the time oi sale.T�e person evnductiag the sate may,tor any
<br />. �.. •• .... .., -- - -
<br />' • ' � cause h�Qeem�axpedlent t►o�iponethe aate ircm Umetattme until tt shall bsaompleted and,in everyr sucb case.�etice. . .-.
<br /> ; ' . � Na.o,sn9m "
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