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<br /> A. INSUHANCE. Truotor, at da expenao,wdl ma�ntem with msurero approvod by 9onol�c�piy. inuuranae w�lh ronpoct to Iho , �
<br /> �Improvemenlo and personnl property.conatdulnp tho Property.apu�nnt lo�n by fwe.h�hln�n{�.iornado,nnd othor ponlc nnd hnznrds
<br /> � �Mcpvnrod hy atnnderd oxt(�ndr.d r.overnpn ondomoronnt. m en mmount oqunl lo tUlonnl ono hundrod pnrcant ol the full ropinr.r.mnnl . .
<br /> � �I�v�WB thOrool nnd naui�nco n�ninnt auch o�ha hnZNdb nnU m nuch nmounln na�a cuolomnr�ly cnrnod by ownon.nnd oumnlon.o� .
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<br /> � �c�mdnr propttlinn ar n�Bono��cinry m�y reqwre io��tu pr�locUOn Truc�or wdl cqmprywdh 6ur.h nlhm roqu�rqmnnir.nr.Nonnl�r.�niy mny
<br /> � �Srnm umo ta Umu roqunnt for ihn pratocUon by mciunnco ol iho�nloroatn ol tho ra.p�olrvo pnd�on All mriunnco pohaar mmNn�nod �,
<br /> �pwc+unnt to thm Dood ol T�uci ennll nnme iruaior nnd E3unofic�nry am m�woda.netheu reopoarve�nlernata m�y npponr nnd pr�v�AO __
<br /> Ihnt Ihow ahell bo no cAncolintion o�moddicnUOn wdhoul no leoo Ihnn 15 dnyo p�ar wniton nobhcouon to�fruatoe nnd aonohcauy In ;�_
<br /> ' Iho ovent eny poMcy horeundor ro nol renowed on or beloro 16 dayo pnor ta ite o�preuon dnla. Tmatoo ar Bonohanry mny procuro �
<br /> �euch meurnnce m nccordsnce wdh the proviaions ol pareqrAph A.8 hu�o1.Truata�ehell delrvor to Benol�c�nry the onpinnl pohcioa ol T
<br /> �j �nsurnnco nnd ronownle theroal or memo cap�en o1 such pohciee end ronowela thoioal Fnduro to lurnmh auch�neurnnco by Truolor. _
<br /> or renewals e�requ�red horeunder shell,at the option of B�n�ticinry,conetdute e afauu.
<br /> "•�• 5. TAXES. AS3E33MENT3 AND CHAR4ES.Trustor ahall pay all texee, a�easamento and othor chorgoo.includmfl.wdhoul ` .
<br /> � hmdation. iu�es and impoaitiono attnbutnble to the Property, and leasehold paymento or ground rontet, d any, boforo tho aamo . �
<br /> become dehnquenl.Truato�ahnll promptly furmeh to Beneficiery ell noticea of amounts due under this paragraph,and in the ovent
<br /> • Trustor shell make payment diroctly.Trustor ehnll promptly turniah to 8enel�ciary receipts e�denc�nfl auch paymenta.Trustnr ohnll . ,.
<br /> pny nll tnxea nnd esaeasmente which may be lewed upon Beneficiary's interest herom or upon th�s Deed of Truat w�thout regnrd lo •-�� �
<br /> any law that mray be enpcted�mposing payment of the whole or any part ihereof upon tho Bono6cia:y. •' � •�'• ' �'
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<br /> B. AODI'I�IU(�AL UEN9 AND PROTECTION OF BENEFICIARY'S SECURIIY.l'rustor ahall make ell payments of mterest and G.r���
<br /> pnncipul pnd paymenta of nny o!P�er churgos, fees wnd expensea contrpcted b be paid to eny existing lien holders or prar �..�;=�......�
<br /> . beneliciariea under any pnor deed of trust or mortgage before the date they aro deunquent and prompty pay and discharge any and
<br /> nIi other liona,elaims or chnrges which may�eopardiLe the secunty granled herom.lf Trustor IAilo to make any such payment or fade
<br /> to perlorm any ol the covenants and agreemente contained in this Oeed of Trual or m sny prior mortgage or deed of trust,or if eny ,�`�r.a.
<br /> action or proceeding is commenced v�hich matetu�lly aflecta Beneficiary e inteiest u�the Property, �ncluding, but nol I�mAed to.
<br /> eminent domam praceedingc.or procoodmg3 involving a decedent,or if Trustor fa�a to pny Trustor's dobts genernNy es they become . t __
<br /> duo,then BenefKUSry,nt BenoUciary's option and wdhout notice to or demend upon Trustor And w�thout releasing Trustor from uny
<br /> obligatan hereunder, may make such appearances, disburse such sums and teke such act�on as is neceseary to prutect
<br /> Benefkiary's mterest, includ�ng. but not limded to, disbursement of reasonable attornoy a fees, payment, purchase, contest or
<br /> comprom�se of any encumbrnnce,charge or hen,and entry upon the Properly to make repairs. In the event that Tructor sholl fad to `
<br /> procure maurttnce or to pay ttfxea.Assesemenls,or any other chorgos or to mako nny paymente to any exisling pnor lien holders or .
<br /> benef�aanes,Benoficiary may p�ocure auch msurance und make euch payment.Any amounta dieburaed by Benei�ciary pursuant to
<br /> this Paiagrpph A.6 shell become additional indebtedness of Trustor secured by tlws Deed of Trust. Such amounls shall be payable
<br /> � upon not�ce from Benefic�ary to Trustor requeating payment thoreof,end ahall bear mterest from the dete of disburaemeM at the =
<br /> rnto payable lrom time to time on outstand�ng pnncipai under the Note unlesa payment of interosl st auch rate would be conirary to "'�
<br /> epplicable law. �n which event such amounte shall bear mterasl at the hghasl rate permisaiWe under applicable law. Nothmg
<br /> contumed m th�s Pnragraph A.6 shnll require Benof�aary lo incur eny expense or teke any aetwn hereunder. . ,. r �
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<br /> B. IT IS MUTUALLY AGREED THAT: "
<br /> 1. ASSIGNMENT OF RENTS.Benehcfelry ahall have the nght,power and aulhonty durmg the continuance of this Oeed of Trust .s"'-�—c� .'`
<br /> to collect the renls,�sauea and profits of the Property and of any peraonal properly locnted thereon wdh or wdhout taking poeaeseion ' ''" � `� �
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<br /> of the property aNected hereby, nnd Trustor hereby abaolutely and uncondittonnlly assigns all such rente, insues and profita to
<br /> Benef�cmry.Benehc�ary,however,hereby consents to the Trustor'a collection snd retention of sueh rents,iasues ond protds ns they + f•�=
<br /> accrue and become payeble so long ns Trustor is not,at such time,in defsuR wAh reapect to payment oi uny indebtedness secured :i� ;
<br /> { hereby.or in the performance of any egreement hereunder.Upon any sueh detauil, Beneticiery may at any time,edher m person,by
<br /> , agent,or by a recerver to be appo�nted by a court, w�thout notice end w�thoul regard to the ndequacy of any secunty tor the .' L.
<br /> �� mdebtedneas hereby oecured,(a)enter upon and take poaaeseion of the Proparryor Any part thereof,end m ds own neme sue for or �. ('
<br /> ' otherwise collect eueh rento,iosuos and profAs.including those past due and unptud,Elld Appl�/�M1B 9EMB,IB66 COG�B 9fld 6%pB1188R
<br /> ' of operation and eolleehon, mcludmg reasonable uttomeya feea, upon nny ir.debtedness eeaured hereby. and in such order as _
<br /> . Beneficiary mny determme;(bJ perform euch ects of repeir or protoction as may be necessnry or proper to conserve the value of the ��—
<br /> Property. (c)lease tho snme or any pnrt thereof for such rental,torm, and upai such conddions as ds�udgment mey dictste or r`,
<br /> tormmete,or ad�uat the terma and condihona of ewshng leases.Unlees Truetor end Beneficiary thereoi egree othervwae m wnhng, •
<br /> � ' any eppl�cation ol rents, iseues or profds to any indebtedness secured hereby shnll not extend or postpone the due date of the �_�
<br /> installment psymenta es provided m said promiseory note or chAnge the amount oi such mstaliments.The antenng upon end E_�1�1_�
<br /> tnking possession of the Property,the colleetron of such rents,issues and protite,and the appl�aetion ihereof es etoresaid.shnll not '��'�
<br /> wawe or cure nny default or notice of default hereunder or invelidate any act done pursuant to auch not�ce.7rustor also eseigns ta ��""°'R
<br /> Beneticiery.es turther socunry lor the perlormence of the obhgationc secured hereby,all prepe�d rents and pll monies which may ��,�,�-_
<br /> ' hnve beon or may hereaflor be deposited wAh snid Tru3tor by eny lessee of Ihe Property,to secure the peyment of any ronf or �:,�kL.,-
<br /> ,�y damegas.or u�on defeult in thu performanco of ony ot the prows�ona hereot. Tiusta agreea to deirver such rentc and deposdo to ,,,;.���,-,.
<br /> � Benet�ciary.Delrvery o1 wntton notice of Benahciary's exercise of the rphts graNed herem,to any tenant occupying snid prem�ses "�':�
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<br /> shall be suHicionl lo roqwre snid tenant to pay rent to the Benefiaury until further not�ce. "��z_-,.-.
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<br /> . 2. CONOEMNATION.If tdlo to ony part olthe Property chall be takon m cordemnaUOn proceedings,by nght oi eminent domn�n ''�',.;_ .�
<br /> or s�mdnr aclion,or shall be sold under threat ot condemnntion,all uwarde,demegos and proceeds are hereby assigned and shall be � �
<br /> � paid to Beneficiary who shall Apply auch nwards.damAges and p�oceeds to Iha aum cecured by this Deod ot Trust,wdh the excose, .
<br /> I if uny,paid to Trustor.If Trustor receivec any notice or other in}ormat�or�regArdmg such aetions or proceedings,Trustor she►II grvo � ,
<br /> 1 prompt wr�len notice thereof to Bene(iaary.8eno6ciary shell be entitled,at ds opUOn,to commeneo,nppear in and prosecute in ds
<br /> own name Any such nction or proceedings and shall be entdlod to make nny canpromise or settbment in connection with uny such
<br />= j act�on or procoedngs.
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<br />- y 3. FUTURE ADVANCES Upon requost of Tructor.Benoficiary at Benet�c�ary's oplion,pnor lo reconveynnce of the Proporty to
<br /> � 7ructor. may moko }uture ndvnncoc to Trustor_ Such futuro advAncac, with �ntorest thereon. shetll be secured by this Trust Deed
<br /> whon ovidonced by promicsory noteu ctat�ng th�t sa�d noto3 nro cecured heroby.provuled that et no tune shall the sucured pnnc�pal,
<br /> I future advances.not inC�udmg sums advanced to protett the secunly.exc:eed Two Hundrod percent(200%)of the originul prinapul
<br />- ! pmountc securetl hureby
<br /> 4 REMEDIES NOT EXCLUSIVE Tru,lee and Bonc�hcmry. and euch ollhem, shoN be ontdlad to entorce pnyment und
<br /> performa�ico 01 nny mdobtedncrss or obl�gution,sacured heroby tfnd to oxercise uli nghts und powers under this Deed of Trusl or .
<br /> under pny othor nflreement oxocuted in connection herewith or any laws now orhoreafler in lorce.nohvithstandmg some or all of the
<br /> e.�..ti�.,aoti�o.�.,a�a o ,f�ni�nnf�nns xar.urnd hnrobv mav now or hereafler be othervv�se securod.whether by mortgnge,deed af trusl. �
<br /> � pledga. Iien,uss�gnment or otherwise. Noither the accoptanco ot this Deed of Trust nor its enforcomont whether by court action or `
<br /> ' pursunnt lo Ihe power ot sale or other powers herem contpmod.ahall pre�ud�ce or m uny mnnnor aHpct 7rustea's or Beneficinry's
<br /> nght lo reaMZe upon or enfo�co ony other setunty now or horeaitor held by T�u61ee or Benehciory. d being agreed that Trusteo and i
<br /> BcrneUciary. and euch of thom. shull be c�nutled to enlorce this Doed of Trusl and any othor oocunty now or hereafter held by
<br /> � Benefic�nry or Tructee in cuch order nnd mnnner us they or c�dhur ot thpm moy�n theu Abeolule diccreUOn detormine. No�emedy
<br /> ` he�em conferred upun or rvserved to Truslee or Boneficiqry ic mtendt�d�o M extlusrvo of any olhor remody herein or by Inw
<br />_ prov�dod o�perm�tted. bul ench ,hull be cumulalrvo o�d shall be �n Add�l�on lo overy olher remedy grven hctreunder or now or '
<br />- horenNer exist��g ut Inw or �n equily or by slatuta Evary powar or rvmedy piovided hereunder th�s Deed of Trust to Tru�teo or
<br /> Beret�ciury or to which o�ther ot thom m�y be otherwise ant�lled.may bo vxvreised, concurrently or indopendently,Irom t�me to time
<br /> ond u;oflon ti,may be doemed expediont by trustae or Benot:cmry and edherol thom may pursuo�nconsistvnt rcemediec Nothing
<br /> I�eiein shntl be construed tto prohibding Beneliaary lrom,eeking a deliciency�udgmenl agoinst Ihe Trustor to the extent such pcUOn
<br />- �s pormdtad by low
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