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�01iQ360�
<br />all liens and encumbrances except as may otherwise be specifically
<br />noted herein or waived in writing by the Beneficiary; that
<br />Trustor will execute or procure any further necessary assurances
<br />of title and does hereby warrant generally the title to said
<br />Property and will forever defend the same against the claims and
<br />demands of all persons whomsoever, and that Trustor's separate
<br />estate, whether vested, contingent or in expectancy, is hereby
<br />conveyed and Trustor does hereby expressly waive, release all
<br />rights and benefits of any homestead, dower, courtesy,
<br />appraisement, exemption and stay laws of this state. It is agreed
<br />that the interest provided for in subsection (g) above shall be at
<br />the same rate as specified in the Note secured hereby on the
<br />principal thereof after default and maturity.
<br />SECOND: In the event Trustor, without the prior written
<br />consent of Beneficiary shall sell, transfer or convey or contract
<br />to sell, transfer or convey the Property, or any part thereof or
<br />any interest therein, the entire balance of the indebtedness
<br />hereby secured shall become and be immediately due and payable at
<br />the option of Beneficiary; provided, however, Beneficiary may
<br />waive such option to accelerate if, prior to such sale, transfer
<br />or conveyance or contract therefore, Beneficiary and the person to
<br />whom the property is to be sold or transferred reach an agreement
<br />in writing that the credit of such person is satisfactory to
<br />Beneficiary and that the interest payable on the sums secured by
<br />this Deed of Trust shall be at such rate as Beneficiary shall
<br />request.
<br />THIRD: That as further security for the payment of the Note
<br />and the indebtedness thereby evidenced and the performance of all
<br />of the terms, covenants and conditions hereof, Trustor agrees that
<br />Beneficiary shall and does hereby have the right, power and
<br />authority during the continuance of this Deed of Trust to collect
<br />the rents, issues and profits of the Property and of any personal
<br />property located thereon with or without taking possession of the
<br />property affected thereby; and Trustor hereby absolutely and
<br />unconditionally assigns all such rents, issues and profits to
<br />Beneficiary. Beneficiary, however, hereby consents to Trustor's
<br />collection and retention of such rents, issues and profits as they
<br />accrue and payable so lonq as Trustor is not at such time in
<br />default with respect to payment of any indebtedness secured hereby
<br />or in the pertormance of any agreement hereunder. Upon any such
<br />default, Beneficiary may at any time, either in person, by agent,
<br />or by receiver to be appointed by a court without notice and
<br />without regard to the adequacy of any security for the
<br />indebtedness hereby secured (a) enter upon and take possession of
<br />the Property or any part thereof and in its own name sue for or
<br />otherwise collect such rents, issues and profits, including those
<br />past due and unpaid, and apply the same, less costs and expenses
<br />of operation and collection, including reasonable attorney's fees,
<br />upon any indebtedness secured hereby and in such order as
<br />Beneficiary may determine; (b) lease the same or any part thereof
<br />for such rental, term and upon such conditions as Beneficiary's
<br />judgment may dictate or terminate or adjust the terms and
<br />conditions of any existing lease or leases. Unless Trustor and
<br />Beneficiary agree otherwise in writing, any application of rents,
<br />issues or profits to any indebtedness secured hereby shall not
<br />extend or postpone the due date of the installment payments as
<br />provided in the Note or change the amount of such installments.
<br />The entering upon and taking possession of the Property, the
<br />collection of such rents, issues and profits, and the application
<br />thereof as aforesaid, shall not waive or cure any default or
<br />notice of default hereunder, or invalidate any act done pursuant
<br />to such notice. Trustor assigns to Beneficiary, as further
<br />security for the performance of the indebtedness and obligations
<br />secured hereby, all prepaid rents and all moneys which may have
<br />been or may hereafter be deposited with Trustor by any lessee of
<br />the Property, to secure the payment of any rent or damages, and
<br />upon default in the performance of any of the provisions hereof,
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