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<br /> � contrary to appliaabla law, in which e�vent auch amounts ahall ,
<br /> ~ bear intarast at the highest rnte permiasible under appliaable . .. �� ;� �
<br /> .. .. law. Nothinq contained in thia Paraqreph 7 shell require ,. ..� . �'•���
<br /> ' .•»,° Seneficiary to incur any expense or take any aation hereunder. ' .;,'.* F1�',R�..;
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<br /> Heneliuiary shall have the right, .� '' ��.���
<br /> 8. Aas�umnent of Rents. : :,��'�"'��_--
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<br /> power and authority durinq the aontinuance of thia Deed of Trust �.���������--.
<br /> to aolleat the rents, issues and prof its of the Propc�rty and of �'�-`�
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<br /> Any parsonal property loaated thereon with or without taking .� `�
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<br /> • possession of the property affectad hereby, and Truetor hereby • <<t
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<br /> absolutely and unaonditionally aesigris all suah rents, issu�s and � .���-:,:Y
<br /> , profits to Senefiaiary. BenePicidry, howaver, hereby aonsents to �,_�s_�__
<br /> the Trustor's aolleation and retention of such reats, issues and ��,�..-
<br /> ; profits as they accrue and become payab].e so lonq as Trustor is ;=;=M,,
<br /> � � not, at such time, in default with respect to payment of any �.__� �__
<br /> j indebtedneas secured hereby, or in the performanae of any ���-
<br /> aqreexasnt hereunder. Upon any such dePault, Benefiaiary may at ��_�
<br /> ;� any time, either in person, by agent, or by a receiver to be �,;;,::
<br /> appointed by a csourt, without notice and without regard to the :�_�.�_._
<br /> adequacy oP any security for the indebtedness hereby seaured, (a) �:;�
<br /> �. enter upon and take possession ot the Prop�rty or any part r��
<br /> thereof, and in ita own naa�e sue for or otherwise aolleat suah •:v�,;�;'�
<br /> � rents, iasues and profits, inaluding tho8e past due and unpaid, ,�
<br /> � and apply the same, less costs and expenses oP operation and
<br /> ��llaatian, fnclu@ing re�sonab3� ntt�rneya PRRA; upon any '�
<br /> ' indabtedness secured hereby, and in such order as Beneficiary may :;�
<br /> determines (b) perform such acts of repair or protection ns may
<br /> t be neaeasary or proper to conserve the value of the Property= (a) ��_
<br /> lease the same or any part thereof far auch rental, terna, and � �� _
<br /> upon such conditions as its jud�nent may dictate or te�rminate or •"�
<br /> adjust the terms and conditions of any existing lease or lesAes. __ __
<br /> Unless Trustor and Benefiaiary agr�e otherwise in writing, any ;�
<br /> application of rents, issues or protits to any indebtedness �
<br /> secured hereby ahall not extend or poatpone the due date of the ;�
<br /> installment paya�ents as provided in said promissory note or --_
<br /> change the amount of suah installments. The entering upon and ----
<br /> taking possesaion of the Property, the collection of suah renta,
<br /> ' isaues and profits, and the application thereof as aforesaid, , ..
<br /> � shall not wnive or cure any default or notice of default
<br /> hereunder, or invalidate any act done pursuant to such notice.
<br /> Trustor also assigns to Heneficiary, as further aeaurity for the _
<br /> perfonaance of the obliqations secured hereby, all prapaid renta _- _
<br /> and all monies whiah may have been or may hereafter be deposited .�,_=�"'°'�'
<br /> with said Trustor by any lesaee of the Propertiy, to seaure the
<br /> payment of any rent or damages, and upon default in the -�-��--
<br /> pexformance of any of the provisiona hereof, Trustor agrees to :;,;.u���,
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<br /> deliver such rents and depoaits to Beneficiary. Delivery of ��
<br /> written notice of Beneficiary's exercise of the r3.ghts granted �.�,.�. ,.,� ,�,�
<br /> j herein, to any tenant occupying said premises shall be sufficient .,
<br /> to require said tenant to pay said rent to the Beneficiary until - �����:�,,
<br /> 1 further notice. • ������.r` �'`�
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