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<br /> a� t '"'` ' notlfla�tlon to T�wtw�nd B�ndlolary.ln th�w�nt tny poitoy h�nund�r Is not nnew�l on or bsfore flfts�n(1d)d�ya prlor to _
<br /> � ,.._. �' `�� It��xpUtllon d�b. Tru�tN or B�n�Nalary m�y prooun woh Imurana�In�aaordinoo with th�provl�lon�of Par��r�ph 7.
<br /> =�' Trustar�hdl d�llr�r to B�n�flnl�ry th�orlpin�l pollol��of Imunnc�and r�n�wals th�reof or copl�s of suoh pollol���nd
<br /> - � r�n�wal�th�r�of.F�Ilun to lumlah auoh Imuranc�by Trustor,or ��n�wal���aqulnd h�nund�r, �h�ll, at ths optlon of
<br /> ' � ..,W;�.. ... ��' Hondici�ry.constltut��dNualt.All un��rned pnmlum����h�nby auipn�d to Trsute�a�addltlonal aecurlty,�nd�eale and
<br /> � �•�.� 'h conv�y�nc�of th�Prop�rty by th�Tru�tM�hall operat�to conv�y to th�purah�Nr th�Tru�to�'s Int�n�t In�nd to�II pollcl�s _
<br /> •' of Ineuranaeupon fheTruet Propsrty. � - --___- ___
<br /> :�il�,.,,,�''.� ��� 6.T�xM�nd A�nNnb.T�uNOr�h�ll pay all t�x�s and�p�ald aess��msnte I�vled or asasss�d apainst,a dus upon,ths �-�-- ..;
<br /> � ' ' Prop�rty b�fa� d�llnqu�noY�nd wlll ddiwr to B�n�tloi�ry coples of na�lpt��howlnp p�yment ot auah taxe�and specld �-�'�•�`�'=
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<br /> _.s;,,�:�¢T .d � '�. asN�sm�nt�.
<br /> — ''• ^ ° �- 6.Addltlo+�l LNrn.Trustor shall m�ks all paymsMs of IM�nst md princlpd,�nd paYments of any other charpsa,feea,and �so
<br /> �` � �xpons��cc+ntracted to b�pald to�ny sxlstlnp Ilen holdas or prlor bensf�cla►les undar any prior Dsed of Trust,Mo�t��ps or _�_
<br /> _ ,_���"""�' ''� othe s�ourlly �9re�m�nt,b�foa th�dat�th�y ars dNlnquent md to p�y any other alalm whloh Jeopardlzn th�s�curity _ _
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<br /> �:_ . 7.Prot�ctbn ol B�Ilal�ry'�S�cu�lf�1.Should Truotor f�A to make any payment�fall to do�ny aat as hereln provlded or If
<br />__�'�,�. ; �— �+� any actlon or procosdinp Is comm�nasd which matsrlally dfente Beneflclary's Interest In the Prope�ty, Includinp, but not
<br /> -°_ r ,��:�s�.� ^� Ilmltsd to,emin�nt domoln,lnwlvenay,oRanpsmen ts or proc a e d l��s I n v o l v l n p a b e n k r u p t o r d e c e d e n t,t h e n 8 e n e f l a l a ry o r
<br /> — �• �` Trustee,but without obllOdlon to do ao,and without notice to or demand upon T�uator,and without releaslnp Trustor f�om any
<br /> -�?�=��'.r� .,�'"'�'J' .� albipation h�r�under,m�y m�ke or do th���m�,and m�y p�y.purch�se,aontest or compromlee any encumbr�nce,charqe or —__.
<br /> ;��;•5" - '� Il�n,whloh In ihe�udpm�nt of�Ither app�ara to�tfeot sUd Propsrty;in sxarcislnp any wch powero,the Beneflolary or Trustee _
<br /> - .��' m�y Incur a Il�bllft �nd sxpsnd wh�Nwt amounts„includinp dieburosmsnte of rs�sonwbte attorney's feas,which in thelr aa �,tiY�:,..,;
<br /> �� " " soluts dl�cretlon m�y b� n�ae�s�ry. In th�svent that TruNor ah�ll hll to proaure ineurance,fall to pay taxea and speclal � � � ' _ �■_-
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<br /> y�� ��' �s a e a s m s n t s o r f�l l t o m a k o a n y p�y m a n ts to exlsltn p or prlor Ilsn holdaro or beneficlarles,the Beneflciary may pracu►s auah
<br />: �'� " � +�^�-;' Ineur�nce and m�ke suah paymants.All eums inourred or expended by 8eneilclery or Truntee In accordance with the provi- �, -�-•
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<br />�� _ slons of ths Desd of Truet are sscund hs�eby and,wlthout d�m�nd,shall be Immediately due and payable by Troetor and ehall �r_:�
<br /> ���� ; •„ , be�r Intsrest at Ihe rate provldsd br advancea under the Loan A�reement; provided, howeve►, that at the optlon ot the ° •y,t..
<br /> ;�� � 1 " � � Bsnsflol�ry or Truste�,such aums may ba add�d to the principal balance of any Indebtednesa aecured horeby and ehall boar �—v
<br /> - • tM��me Intereat aa such Indebtednsas and ah�ll be payable ratably over the remalninp term thereo}. ---
<br /> `�� ,_ •r �,j. 8.AMbnm�nt of R�nb.BsneHclAry ahall hsve the rl�ht,power�nd authorNy durin�the coMlnuance of lhis Deed of Trust to -�-�;:
<br /> collect ths rente,leeues and profits of ths Property and of a�y personal propehy Ixated thereon with or without taklnp ��"�"�`
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<br /> y�� ,���� • �� poeseaslon of the Propeny�ffected hereby,aod Truator hereby absolutely and uncondltlonally aesipns all auch ronts,leauea - —
<br /> '�-�,f�.__-� . •� �d and p�ofits to Beneflolary. BeneNclary, however, hereby cansents to ths Truator's colleotlon and retentlon of such ronte, �`
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<br /> • R , �:�� � Issuss and profita ae they Aocrue and bscome paya0le so Ionp a�7ruetor is noi,et auch iime,in ciet�uit w1ti�r�s�eci a�y- _° -_
<br /> ti• �5 ..�. ,,�,�' . m�nt of any Indebtednesa eecured hereby or in the pe�formance of any a�reement hereundsr. Upon any such default, -- • _-
<br /> •• ' BeneNclary m�y�t Any time,elther in person,by apent or by a recelver to be oppol�ted by�court,wlthout notice and without �,:w.�,,
<br /> '"'` '�f�i�'.��` ' � repard to the adequacy of any aecurlty for the Indebtednesa hereby aecured:(a)enter upo�and take poeseaslon oi the Prope►-
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<br /> �,� , ty or a�y port thereof and In Its own name sue for or otheneri�e collect euch rents,lasues and profits,fncludlnq thoae past due -
<br />__ .� �•��. ��.� and unpald,and�pply the eame,leaa costs ond expensea of operatlon and collectlon, Includinp reaeonable attorney feea, __—
<br /> '' � � upon any Indsb2edneea aecured hereby and In auch order aa Beneticlary may determine;(b)pe�form euch aata of repalr or pro-
<br /> • '•'"' " tectlon�a m�y be neceseary or proper to conserva the valueof the PropeAy;(c)lease the same or any part hereof for such ren• �===•
<br /> � � tal term ond upon auch condltlona ae Rs Judpment mey dlot�te.Unleaa Trustor and BeneNciary apree otherwise In wrltinp,any ,�• • __
<br />- � ' "_ o pllcatlon of rents,Isauea or proflts to any Indebtednean eecured hereby ehall not extend or postpone the due date of the in• ��:,ry,.��,� ��
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<br /> .• atallment paymenta ae provlded In the Loan Apreement,and the applicatlon thereof as aloreaald ahell�ot walve or cure any _-_-___
<br />� • default or notlee of default hereunder or Invalldote eny act done pursuent to auch notice.Truetor alao assl�na to Beneflclary, ��
<br />�-a ' ae fu�ther oecurlly for the pe�formance of the obllpotlons aecured hereby,all prepald renta and all monies whlch may have �"'�"1d'�"'
<br /> ..'. • been or moy hereaNer be depoatted wlth sald Truetor by any leesee of the Property,to secure the payment of any rent,and r ��q��•---..
<br /> .�V upon dafault in the pe�foramnce of any of the provlsloos hereof, Trusto� apreea to dellver such rents and deposlts to the ��'�
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<br /> Beneflolary.Delivery of w�itten notice of Benelfica 'a exerc�ae of the rl hts rented herein to an tenent occu In sald ` ,'�
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<br /> �, �', �' premisee ahall be sufHclent to requlre said teneM to pay aeld rent to the Beneficlary untll further notice. �-"=^-°��_•
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<br /> � � � 9.Cond�mn�tlon.If title to any port oi the Property shall be taken In condemnatlon proceedinps,by rlpht of eminent domaln
<br /> z, . � or s�milar actlon,or ahall be sold under threat oi condemnetion,all ewards,damages and proceeds ere hereby asal�ned and _
<br /> �,� '��-: -
<br />.__� ' ,� .. ehall be pald to Beneflalary who ahell apply such oward,damaqea and proceeda to the aums aecured by the Deed of Trust, _-
<br /> � n � '� �• wlth the exceas,If any,pald to the Truator. t.� `
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