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<br /> -[ - - -- otbenvise in writing,any aPPlication of reats,i�sues or pmfits as .��`
<br /> , � may dictate. Unless Tn�stor and Beaefcciary agree e�ts as provided � `.
<br /> to any�de6tedness secured heieby shaU not extend or pastpone the due daie of th u o1nstallment�g��on of the - 4'�'�`<�
<br /> ' � � in said Promissory Note or chauge the amount of such�� 'jbe arterin8 P not waive or -
<br /> � . pruperty,the collecoion of such rents,issues and pro5ts,and the application thereof as�such noi�cen Tn�stor also � Y.��..:r,:��.�:
<br /> . ca�s�e suy default or notice of default hereunder,or invalidate any act done puis�rant ",`;.�... . ,
<br /> � � for the rmaace of tbe obligauans s�herelsY+all P�P��� � >,.<;'�'�;•:�
<br /> . . assigns w Ben..°ficiary,as further secuiicY P� ,�°;, :
<br /> ° ' all mamies w h i c h may h ave b e e n o r a a a y n d e e i f a�h in�p e r f omaances o f�t h e p ravisions he c e o�d i e T m s Wr � .�--��
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<br /> � secure the paymeut of any rent,and uPa �'� , `
<br /> � to detiver such reats and deposiu m the Benef�ciary. Delivery of wriuen notice of Beneficiary�s exercissaid reni -_-
<br /> , . ,-: a� tenant occupyuig said Premises,shaq be s�cient w require said teaaat w pay :.-;.,,..__
<br /> � �`•,; �ghts granted herein,to any S �,",: : ----�:�_
<br /> W the Benef[ciary until fuRher notice. ' � �`�"":�
<br /> .:# 11. Leased Premises. Within the OQ)days after demand,Tn�swr shall fumish w Tm each case theei�ame ofthe - -
<br /> . .. be tiue,s�ting forth all leases of space in the Tn�st PropertY th�in effect,including t for �_: _ ��.`,-.
<br /> � �� tenants and occupants,a description of the space occupied by such teaant and occupancy,the rental PaY� �� �-.�
<br /> � .r;_� _ `' ���:
<br /> .,�j such space and such other infom�ation and documems�vith resPect W sudi leases and tenancie,s as the Trustee maY �
<br /> . ,� •�r�
<br /> request. Tn�swr sball not, diredlY of indi�cth'�� respect to any .`.��`''"h��
<br />_ .. Without the prior written consent of Trustee, =��.;: �'
<br /> �'r• �• :...,�.�._..
<br /> . � .� , lease of space ia the described premises,wbether such tease is now or lu�atter in existeace�,(a)accePt or pecmit aaY �._.�
<br /> . , . . P�PaY�� discourtt or advance rent payabte thereunder. (b) cancel or teiminate the same, or accept a3►Y ,. .};��.
<br /> :�..��:: —�;_
<br /> . . .: . cancellation.ternuaation or surrender thereo�or permit any e so as w reducecthe terms t�hereo� �PaY�e�
<br /> - w term�nate or cance!the same; (c)amend or modify the sam waive any defaWt there�nder or brea� '_r� _ ---
<br /> -- - .- -� thereunder, or w change any renewal provisions therzin contained; (c� =�,:-.y .-_.-
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<br />-� thereo�(e)give any consept,waiver or approv a l t hereun d er or t a k e a n y o t h e r a c t i o n i n c o n n e c t i o n t h er e w i t b+or with n
<br /> a lessee thereunder,�v hic h wou l d h ave t h e e ff e c c o f i m p a i r i n g t h e value of tessor'interest thereunder,on the Ympzrt} .�",;�'j:
<br /> ..�._�:.:.�,
<br /> ' subject thereto, or of impairing the position or interest of the Trustee or Beae$ciary',or (fl setl, assign. ptedge. . .. --.:_: �
<br /> ; � ;�` mortgage or otherwise dispose of,or encumber,its interest in anY such lease or any rents,issues or ProScs�ssuing°r ,;:�F�'=._:
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<br /> .�, arisingthereunder. , ".-:"���-;
<br /> 12. Condemnation. If titie to any part of the Yraperty shaU be takea in condemmation praceodin�a pio�ds : ;;?��•a;
<br /> '� eminent domain or similar action,or shaU be sold under threat of condenu�ation,aU awards,damag . . . :;�`_`
<br /> � - are hereby assigned and shall be paid w Beneficiary wtio shall aPPly such awards,dam�ages ana Pr°ce�ds t°the sums , -
<br /> . ,; wi t h t he e�c ce s s, i f a n y, p a i d w the Trustor. Tnutor wiU promptly,aad with due ';��-.-
<br /> • secured by the Trust D e e d w iu former condidon substantially W t he .' -���
<br /> .- :' di7igence,repair,alter and restore the nemaining part of the Trust Pmperty . , , `�-.
<br /> .,..,��.,�.
<br /> ' � ' extent that the same may be feasi6le and so as to constitute a complete and usabte unit. rior to reconveyance of the � .� t -
<br /> � � .
<br /> �" � 13. Fu re A dwanae�• U p on r e quest of Trustor.Beneficiary,at Beneficiaryrs opuon,p . ,
<br /> � ` Property to the Trustar,may make future advances to the Trustnr. Su�h future advances with�►�r��eT�On'S h a l l . , .
<br /> � �`s be secured by this Trust Deed �vhen evidence by promissory notes stating that said notes are secured her�by; • ;
<br /> � provided that at no time shall the secured principal, future advances,not inctuding sumg advanced t° pt°tect th� '` .o ,��° .
<br /> Security,exceed One Hundred Percent(100%)of the original principal amuunts secured hereby. other ' �
<br /> . 14. Remedies Cumulative. All remedies affo ded b �t w�or cquityazaad m Y b� �c�eCO�"�ly, . ,� .
<br /> `� ri g h t o r r e m e d y u n d e r t h i s T r u s t D e e d o Y
<br /> :�;,; .
<br /> . , independently or successivcly. indebtedness secured hereby .
<br /> ` I5. Acceleration;Remedies:Sate. Upon dcfault by Trustor in the payment of any . .
<br /> .. .� or in the perfomtance of any a�reement hereunder,Beneficiary may dectare all sums secured hereby imme�iate2Y due
<br /> , and payable by delivery to Trustee of�vritten e�l to be old,itd shall depos t�th T scee�his Trust Deed and atl � � � -
<br /> Pro�erty aad if Benefieiary desires the Prop Ry
<br /> ' : � promissory notes and documents evideneing expenditures sccured hereby,and shall deliver to Trustee a written noiice
<br /> of default and clection to causc the Property to be sold.and the Trustee in tum shall prcpare a similar notice in thc
<br /> , form required by law,which shall be duly filed for rccord by Trustce.
<br /> � (a)Aftcr the lapse of such timc as may be required by la�v following the recordation of said
<br /> notice of default and notice of sale having been�iven as required by law, 'Trustee,without
<br /> dcmand on Trustor,shall sell thc Property on the date and at the time and place desig�ated in � .
<br /> � � ' said notice of sale, at public auction to thc hi�hest bidder, the purchase price payable in �
<br /> ��` la�vful money of thc Unitcd States af American at thc time of sale. The persoa conducting the ,
<br /> ' sale may,for any causc hc dcems expcdient,postpone the sale from time to time until it shali
<br /> � bc complcted and. in evcry such casc, notice of postponement shall be given by public .
<br /> . � �� declaration thereof by such person at the time and place last appointed for the sale;provided if
<br /> ; thc salc is postponed far longcr than onc(1)day beyond the day designated in the noticc of '
<br /> � sale,noticc thcrcof shali bc�i�cn m thc same manncr as the original notice of�alc. Trustce �
<br /> � i the Pro e sold,but�vithout ,
<br /> --- sha!!csec��te and deliver to thc purchaser his Deed conveying p n?' �
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