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<br /> _�� � 92-- 1os37e
<br /> °^ � 7. Additional Liens and Proteation o! Benetiaiarv�■
<br /> �• �:�t`"' ' z��''` Seauritv Truator shall mako �11 paymonta o! intoreat and
<br /> .
<br /> - .�_�' .�� . principal and payraonta o! any othor at►argaa, �oaa and oxp�ns�s
<br /> �-������*��� contrmated to be paid to any oxieting lianhoidors or prior �_
<br /> ben�liaiaries und�r any prior daod o! trust or �ortgaq� bslorQ ___
<br /> � � ^ ,.^ `�"�',''�`. tha dat� thQy aro dolinqusnt And promptiy pay and disaharg� any
<br /> ,,�,�;,;;�: ,�,,, , and +�11 other liona, al�iaa or ahargas whiah �y jsopardiz� th�
<br /> �� f � seaurity grantad harQin. I! Trustor taila to mak� any suah
<br /> a.�.ti:r,�..r_,,. � .:���t.
<br /> � ,�.`� payment or fails to p�rform any of tha aovonanta and aqrowsents
<br /> ::�:,:;;.� . . , .
<br /> - � .:i�. aontnined in thia Daed o! Trugt, or in any prior mortgage or dasd
<br /> A � "-��`�"+�-ti�'�e'� o! trust, or i! any aation or proaeedinq is aommanaed whiah —
<br /> "�`x'-�"�- materially a!lsata eenefiaiary's interast in the Property,
<br />'�'`�• �'�� "" "- inaluding, but not limi�ed to, eminent domain proaeadinga, or
<br /> ,�.<�ttY4�f4�yiK:..:..'�7a. .
<br /> ���� � proceeding� involving a daaedent, or if Truator lails to pay
<br /> ����� � Truetor's dabts generally as they beaome due, then Benetiaiary,
<br /> — f'�`� ��r���'�'` � sa at Benefiaiary's option and without notice to or demend upon
<br /> � �--�---�=':�-�' Tructor and without releasinq Trustor from any obligation -
<br /> - e.�.. ...
<br /> , .. �, �; • � ., hereunder, may make suah appaaranaea, disburse auah sums, aad
<br /> ` • �'��''"''� take suah aation as ie necessary to protect Beneliciary�s
<br /> � . ' � " ' interest, inciading, but not limited to, disburaement o! �
<br /> �.:�r,-� ��,�,,,�: reasonable attornay�s fess, payment, purchase, aontest or �:
<br /> � �� `' �'' a o m p r o m i o e o f a r i y e n c u m b r a n c e, c h a r g e o r l i e n, a n d e n t r y u p o n t h e �''
<br /> ..' •�: Praperty to make repaira. In the event thnt Truator ahall lail
<br />- . � • � to praauro inouranae or to pay taxas, asaessments, or any other
<br /> � charges or tc make any payments to exia�ting prior lienholders or
<br /> `""``'`"°'"� � benafiaiaries Benetiaia
<br /> ,, . -} , ry may procure such insurance and make
<br /> such payment. Any amounts disbursed by Benefiaiary pureuant to
<br /> - -= • - ---�— this Paragraph 7 ahall become additional indnbtedness ot Trust_or
<br /> _. -_
<br /> � � secured by this Deed of Truet. Such amounta shail be payablo
<br /> � upon notice from Boneficfary to Trustor requeatinq payment
<br />: �� . " �� e thereof, and shall bear interest from the date o! diebursement at
<br /> � the rate payabla from time to time on outstanding prinaipal undar
<br /> 3`,•° �� the Note unlesa pAyment o! interest at such rate would be
<br /> " . ,, contrary to applicable law, in which event auah amounts shall E�;-,
<br /> A . � bear interest at the highest rnte pe�cmissible undar appliaabla
<br /> �� > ''.'".`' law. Nothinq contained in this Paraqraph 7 shall require
<br /> �� ..� , :. _,„_ ' Benaliciary to incur any expenae or take any action horaundar. _
<br /> �_:
<br /> j_ .�•°�° � � ' 8. Ass gnment o! Rente. Heneffciary shall have the ��
<br /> r. , right, power and authority during the aontinuance of this Deed of ►
<br /> J. Trust ta collect the rents, issues and profits of thQ Property _
<br /> + �`'•�:� � and of any personal property located thereon with or without �
<br /> � �� � taking possessi.on oP the property atfected hereby, and Trustor _
<br /> ��.
<br /> �6,�,
<br /> � , . „ heroby absolutely and unaonditionally aseigns all such rents,
<br /> " � issues and profits to Beneficiary. Beneficiary, however, hereby __
<br /> ' consente to the Trustor's collection and retention of such ronts,
<br /> _ .�. "".� issues and proPits as they accrue and become payable so long as -
<br /> � .. °' �� Trustor is not, at auch time, in default with respect to payment
<br /> • � . of any indebtedness secured hereby, or in the performancQ of any ��
<br /> �`�`�� � agreement hereunder. Upon any such default, Beneficiary may at ,.,.,:
<br /> � � • any time, either in person, by agent, or by a receiver to be :r`�
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