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+ � � I <br />20�104264 <br />limited to, disbursement of reasonable attorney's fees, payment, purchase, contest or compromise <br />of any encumbrance, charge or lien, and entry upon the Properly to make repairs. In the event <br />that Trustors shall fail to procure insurance or to pay taxes, assessments, or any other charges or <br />to make any payments to existing prior lienholders or beneficiaries, Beneficiary may procure <br />such insurance and make such payment. Any amounts disbursed by Beneficiary pursuant to this <br />Paragraph 7 shall become additional indebtedness of Trustors secured by this Deed of Trust. <br />Such amounts shall be payable upon notice from Beneficiary to Trustors requesting payment <br />thereof, and sha11 bear interest from the da,te of disbursement at the rate payable from time to <br />time on outstanding principal under the Note. Nothing contained in this Paragraph 7 shall <br />require Beneficiary to incur any expense or take any action hereunder. <br />8. Assignment of Rents. Beneficiary shall have the right, power and authority during <br />the continuance of this Deed of Trust to collect the rents, issues and profits of the Properly and of <br />any personal property located thereon with or without taking possession of the property affected <br />hereby, and Trustors hereby absolutely and unconditionally assign all such rents, issues and <br />profits to Beneficiary. Beneficiary, however, hereby consents to the Trustors' collection and <br />retention of such rents, issues and profits as they accrue and become payable so long as Trustors <br />are not, at such time, in default with respect to payment of any indebtedness secured hereby, or in <br />the performance of any agreement hereunder. Upon any such default, Beneficiary may at any <br />time, either in person, by agent, or by a receiver to be appointed by a court, without notice and <br />without regard to the adequacy of any security for the indebtedness hereby secured, (a) enter <br />upon and take possession of the Properiy or any part thereof, and in his own name sue for or <br />otherwise collect such rents, issues and profits, including those past due and unpaid, and apply <br />the same, less costs and expenses of operation and collection, including reasonable attomeys <br />fees, upon any indebtedness secured hereby, and in such order as Beneficiary may determine; (b) <br />perform such acts of repair or protection as may be necessary or proper to conserve the value of <br />the Property; (c) lease the same or any part thereof for such rental, term, and upon such <br />conditions as its judgment may dictate or terminate or adjust the terms and conditions of any <br />existing lease or leases. Unless Trustors and Beneficiary agree otherwise in writing, any <br />application of rents, issues or profits to any indebtedness secured hereby sha11 not extend or <br />postpone the due da.te of the installment payments as provided in said promissory note or change <br />the amount of such installments. 'The entering upon and taking possession of the Property, the <br />collection of such rents, issues and profits, and the application thereof as aforesaid, shall not <br />waive or cure any default or notice of default hereunder, or invalidate any act done pursuant to <br />such notice. Trustors also assign to Beneficiary, as further security for the performance of the <br />obligations secured hereby, all prepaid rents and all monies which may have been or may <br />hereafter be deposited with said Trustors by any lessee of the Property, to secure the payment of <br />any rent or damages, and upon default in the performance of any of the provisions hereof, <br />Trustors agree to deliver such rents and deposits to Beneficiary. Delivery of written notice of <br />Beneficiary's exercise of the rights granted herein, to any tenant occupying said premises shall be <br />sufficient to require said tenant to pay said rent to the Beneficiary until further notice. <br />n <br />