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<br /> , managcment�nd rentfll commissions)and any taxes,nssessmentsand other charges prior to __
<br /> the lebal operation and effect of this Deed of Trust which Beneficiary may deem it wise or ' ' ,;�`�-=-�
<br /> ,�`�""t"" desirable to pay,and in such case Beneficiary shall have the xight to manage the Praperty and � ��� "�"�°-
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<br /> ; to carry on the business and exercise all rights and powers of Grantor,either in the name of '•_�:v���r.:�.._
<br /> � Grantor,or otherwise,as Benefici shall deem advisable;and Benefici shall be entitled ``'�%°,,.a.;�
<br /> � �'Y �'Y ' ;,�;.,.-_—
<br /> to collect and receive all rent� thereof and therefrom. The taking of possession and '�';'�°�----
<br /> • .�._.�----
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<br /> collections of rents by Beneficiary shall not be construed to be an affirmation of any lease ' �'`''�"�`
<br /> �, or acceptance of attornment with respect to any lease of all or any portion of the Property. ;;1����`
<br /> Beneficiary may commence,appear in and/or defend any action or proceedings purparting '"-�
<br /> j to affect the security hereof,and/or any additional or other security therefor,the interests, � �r�-'"s"""�-
<br /> owers and/or duties af'Trustee andlor Benefici hereunder,whether brou ht b or '��'��'�'�
<br /> t rights,P �Y � Y -_,
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<br /> against Grantor, "1'rustee or Beneficiary. Beneficiary rnay pay, purchase, contest or :,�:�.�
<br /> �' compromise any claim, debt, lien, charge or encumbrance which in the jud�ment of ''-.='`_�'"-
<br /> Beneficiary may affect or appear to Affect the security of this Deed of Trust,the interest of ' ��''�``'
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<br /> Beneficiary or the rights, powers and/or duties of Trustee and/or Beneficiary hereunder. -_
<br /> After deducting the expenses of operating the Property and of conductin�the business � �'�`
<br /> r�=--
<br /> „ .,i� thereof, and of all repairs, maintenance, renewals, replacemen4s, alterations, additions, �.��'�- y.
<br /> 'R bettennents,imtrovementsand all payments which Beneficiary may be required or may elect ,�;_:
<br /> .
<br /> to make for taxes or other proper charges on the Property,or uny part thercof,as well xs just �- '_
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<br /> � and reasonable compensution for all Beneficiary's employees and other agents (including, �`?► ��-.
<br /> Vrt�JttiUi 1)iiiilBTt011. rcasonahlc and acival attarnc�s' fccs and mana�em�nt and r:.nta! �� -_
<br /> commissions)engaged and employed,the moneys arising as aforesaid shall be applied to ..
<br /> Indebted�iess secured hereby. Whenever all that is due upon the principal of and int�rest on =- - �ti
<br /> the Note and under any of the terms of this Deed of Trust shall have been paid and all -
<br /> defaults made good,Beneficiary shall surrender possession to Grantor. The same right of ji�r. �
<br /> .. entry, however, shall exist if any subseyuent Event of Default shall occur; provided, .�;_
<br /> however, Trustee nor Beneficiary shall not be under any obligation to make any of the '
<br /> payments or do any of the acts refened to in tl�is paragraph. `'�-�
<br /> ��
<br /> Appolntmeat of Receiver. In any action to foreclose this Deed of Trust,or if any Event of ��_
<br /> Default shall have occurred and be continuing,the Beneficiary shall have the right,with the "'�
<br /> irrevocable consent of the Grantor hereby given and evidenced by the execution of this deed
<br /> of Trust,to forthwith obtain appointment of a receiver by any court af competent j urisdiction " --
<br /> gg p,�g without notice to Grantor, to enter upon and take possession of the Property, _
<br /> including, all bank accounts containin� funds associated with the Properry and all leases, - ____ _._
<br /> � contracts,and collateral. The receiver shall have the right in its sole discretion to manage `--- -- --
<br /> and operate the Property,including,without limitation,the right to(i)lease the Property or ;--�---
<br /> any portion thereof,(ii)make expenditures for taxes,special assessments,payments required ;.R
<br /> under ground leases, insurance premiums, utility charges, costs of completinb the -
<br /> construction of unfinished improvements, (iii) make all necessary or proper repairs, �� ' r-s,-`�.
<br /> ���.
<br /> decorating,renewals,replacements,alterations,additions, betterments, and improvements Y �,. ;•�.:
<br /> to the Property that may seem judicious, in the receiver's solc discretion,(iv)pay all costs �;,�sri�;.�`�`-
<br /> associated in any way with the managementandoperationofthe Properiy,and(v)to perform � "`� '" '
<br /> � 13 �
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