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<br /> 4. INSURANCE. Trestor.at rts eupense.will mam�n wRh msurers apProved by 8enefinary.msu►ence w't��pe�t°�e °.`� "�`.
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<br /> � � -`.;� Improvemerrts and porsonal properiy.eonstRuhng the Pcoperty.agamst loss by fire.hghtnmg.tomado.and other penis and hazards � . .
<br /> , � eovered by s�tattQard ax0endod toverage endorseme�st in an amcunt equel to at lenst orte hundred peteent of thA tu0 reptatemeM .. . : '�
<br /> � :� vaiue thereof end insum►►ae age�nst such other hazerQa end m such amounte es�wstom e s n i y eemed hy ow�e�s 8^d oparatars of r
<br /> � t simdar propertms or as Benafiasry may requue tor 4s protecccn.Trustor vnil compry wrth sueh other requvements as Benefiaary may <� �.� •
<br /> . � from Ume to time requBSt 1or ihe pmteehon by msuranee of the interests of the respect�ve ParUes.al msuranae pohaes mamtamed � t ,
<br /> Pursuant W th�s Oeed ot Trust shall nemo Trustor and Benefiaary es insurads.as theu respecdve�nterens may appear.and provida ,
<br /> ` that there shall be no eaneellahon or maification wdhout no�ess than 15 days pnor wrRten notfieation to Trustee end Banefiaary.In ;, �.
<br /> � � . the event any poUcy hereunder�s aot renewed on or betore 15 days Qnor W As exPiration data.Trustee or 8enefivary may procure ` `
<br /> ` cueh ir�s�ranea�n aeeordanee wdh the provisio�s o1 paragraph A.6 hereot Tnistor shall deinrer to BeneTiaary the ongmai po4aes of _ �
<br /> • msuranee and renewals thereof or memo eapies af such poliaes end renewals thereof.Faiture to tum�sh sueh�nsurance by 7rustor. • .`
<br /> � ' `. or renewafs as requved hereunder shall,at the opton of Benefivaryt.eonstrtuta a defauit . . _ �
<br /> `r ---° — � 5. TAXES.ASSESSMENTS AND CHARGES.Trustor shall pay ell t�ces.esse�menb and otfier charges.indudmg.wrthout .
<br /> �� � ' � 6mrtation,frnes and impositions attribuffib�e to the Properry,and ieasehold payments or ground renta. if eny. betoce the same , ,
<br /> �' beoome delinquent Trustor shali promptly fumish W Benefiaary sIl natiees of amounts due under ihs paragraph,and m the event t� _: ,-
<br /> . � - " 5 „,, � Trustor shall make paymeM direcHy.Trustor shall promptty fumish to Benefidary reeeipb evidenemg such PaYments.Trustor shall ,-
<br /> . ;,�y Pay ail taxes and assessmerds whieh may be tevied upon Beneficisiyts intecest herein or upon this Dead oi Trust without re3azd ta . - •'_•`;�;
<br /> -� � any law that may be enaded imposfng payment of the whole or arry gast thereof upon the Beneficiary. =, _
<br /> ��s 6. ADDITtONAL UENS AND PROTECTION OF BENffICiARY'3 SECtJRI7Y.Trustar shali make alt paymenis of mieresi and — ;� ..;
<br /> � pcvicipal mtd payrnents of any other charges. feas and enPansea eor�tra�d m 6e paid to eny exis6►i9 lien holdas or pnor ;4 �� .
<br /> Pt a end dischar9e enY and
<br /> � ;s`'n � benefiaaries under any prior deed of trust or mortgage betore the date ffiery aze defmquent and prompUy p y mert ar feits � -
<br /> � � ' 'c.;. � ail other fiens.ciaims or charges whtch may jeoperdize the seeurtry grantsd herein.M Trustor tads tn make any suci�pay '•,
<br /> . to per{orm any ot ihe oovenaMs and agreements eontained m th�s Deed af Trusf.or in arry pnor mortgage cr deed of trusR or it erry , ``-.-s=
<br /> ' ` � . aeaon or proceedmg is eommenced which materialfy aftects Benefiaarya interest in tf�e Propedy. mdudmg. 6ut noi limrted to. ` '�-�:',-
<br /> emment domam proceedmga or proceedmgs involvmg a decedenR ar A Tn+stor lsils to pay TrusWrs debts generalty as they become _
<br /> due.then Benefiaary,at Benefinary's option end wAhout noUee to or demand upon Truslor and wrthout releasmg Truscor trom any . ,�,.,�
<br /> • � t0 fOtBCt V''�`-'�
<br /> � ' � obfigat�on hereunder. may make aueh appearanees• drsburse such sume end take sueh adnn as is nec�sa�S► P . ';
<br /> Benefiaary'a u�teresl.�nel�:fmg, but not 6mrted to.d�sbureemont o1 ressonabb ottotney'e teos.paymen4 pu►ahase, earrtest or ,. "�_::y
<br /> � compmrt(se of any oncvmbranee.ehar8e or 6en,and entry upon the Ptoporty to mahe repara.in Me event that Trustor ahall fa�l to . . �',�._�
<br /> . • proeure mautanee or to pay Wxes.assessmonto.or any othe►ehtugea or to meke any paymonts to any exmtirtg pnor I�en hotdere or _,.. --- �'`� -
<br /> � �� beneficianoa Bonafiaary mny prowte aueh msurance and make eucA paymorst Any amounto dio6uraeG by Banefivary pursuant to , 4s�_
<br /> • , th�a Paragmph A.6 ohn0 become aQdrt�anal mdeEtednouo 01 Trustar securad by th�Ooed of Trust Such amounts ahnil be PaYsb�e �t__
<br /> t n n d ch all bear mterast kom the Qate of drsbureement at the .,���,Y*.!.�+■3r
<br /> upon notica trom Benefrwry to Truswr requeshng paymont thereo.
<br /> � rate pnysble hom time to 6me on autslandmg pnnc�pnl under the Noto uniesa peyment oi mtetest at such rate woutd be eontrary to . � '�'�,.:'_;��1.
<br /> . appkatble taw. m whieh event eueh amounts shM bear�rterest ot tho higfieet�ate pertn�ss�b�e under appRcub�e law.Nothm9 _ .. .._A,_,�,�F�,
<br /> � contamed m thia Paragraph A.8 sheli reqwre Benefic�ary to mcur any expense or take any ecGcn hereundec ... 1
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<br /> � 8. IT IS MUTUAU.N AdREED T►�WT: i�'
<br /> " • �� t. ASSiQNMENT OF RENTS.Benefivary shell have the nght,power and aulhority durmg the eontmuance of tA�s Deed of Trust . • ,��`�
<br /> • � to colled the renta.issues and profits af the Propeny and ot eny personai properry loeated thereon wrtb or withaut taian9 Possessro^ , ,tg:�--�
<br /> � ' of the property aHeeted hereby,and Trustor hereDy absolutety and unconditronelly ass�gns all sueh rertts.issues and profita to . =;�:_
<br /> Benefivary.Benafivary.howevar,hereby wnsenb to the Trustore collee6on and retention of such rents,�ssues and proffis es 1heY , �:;;,;,,,.-,;,
<br /> • accrue and beeame payabs so long as Trustor is noL at such time,m detauR with resped to payment of any mdebtedness secured ,"�
<br /> �' hereby,or in the pertormanee ot any agreement hereunder.Upon any such defaull„Benefiaary may at any time,eRher in person,by _ ?_�__-
<br /> ` . -. agent or by a reeeiver to be appomted by a couA, wrthout noUce and wRhout regard to the adequaey of arry security ior the ;.,.:�a.
<br /> ' indebtednass hereby secured.(a)enter upon and teke possess�on otthe PropeAy or arry partthereot arid ia its own neme sue for or `��j.,: ,
<br /> ' othervnse colfect sueh rerrts.issues and profits,inetuding thase past due and unpaid,and apply the seme.less cos►s and expenses �.�^`_
<br /> • ot operation and colleedon.iocluding reasonable attomeys teea,upon any indebtedness seeured hereby,and in sueh order as :4..>, -
<br /> 8enefieiary may determme;(b)perfortn sueh ads of repair or pmtechon as may be necessary or proper to conserve the value otthe . �...;;:,,;
<br /> � property: (c)(ease the same or any paR thereof tor sueh rental,term. ar.d upon sueh wnd�ions as Re�udgment may d�etate or • ` ���.
<br /> " terminate.or adjust the terms an0 cond�hons of existing Ieases.Unless Trustor and Benef,aary thereot agree offietw�se m v+mm�g. � ,�=
<br /> - any applrcation of rents.issues or profits to any indebtedness seeured hereby shall not extend or postpone Me Cue date of the . ,.,�,r:
<br />. .i installment payments as provided m sald promissory note or ehange the amour�t o1 such installments.The entering upon and . ,w,.,_
<br />_'•� taking possession of the PwpeRy,the collection M sueh rente.�ssnes'and profRa snd the applicadon thereo}as atoresald,shall not _ . ;���",
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<br /> warve or eure any deftsuR or not�ce of default hereunder or mvaGdffie��y act dane pursuent to sueh notica Trostor also assigns to � _
<br /> es
<br /> • Bensfieiary.as lurther seeunty for the pedormance ot the obl�gationa seeured hereby,ell prepaid rents and all monies whleM may Y.: ,., �'
<br /> have been or may hereafter Ee deposited with oaid Trustor by any lessee of the Property.to sewre the payme�rt of any rent or �.. i'
<br /> damages.or upon detauR in the pertormanee o}amr ot the provislons hereol,Trustar agrees to deliver euch rents and deposrta to . .
<br /> . � Benefleiary.Oelivery of wrMen notice et Beneficlary's exerdse of the righta granted herein,to any tenant oecupying said premises � .. .
<br /> ' sbalt be sutfiaent to requ�re sald tenant to pay rent to the Beneficiary until turther noUce.
<br /> 2. CONDEMNATION.If titte to any part of the Property shall be taken m eondemnation praeeedmgs,by nght of eminent domain .
<br /> � or simdar adion,or shall be sotd under threat of conQemnation,all awards,dameges and proeeeda are hereby assigned and shell be , .
<br /> ' paiA to Benefiaary rfio ahall apply such awarda,damagea and proeeeds to the sum secured by this Deed of TrusL wrtn the excess, . • _ . . . ,
<br /> A any.paid to Trustor.H Trustor receNes any notice or other iniormaLan regardmg sueh acUOna or proceedings,Trustar ahail gnre ; .
<br /> .. ' prompt written notice thereo}to Benefivary.Benefieiary shull be entrtled,et rts opbon,to eommenee.appee►in and prosecute in its .`. ,
<br /> .'` own name any auch acuon or proceedings and ahall be entRted to make any compromise or settlemen!in eonnecfion with any sueh
<br /> acUOn or proceedmge.
<br /> 3. FUTURE ADVANCES.Upon requeat of TrusDOr.Benefieiary at Benefiaary's option,prior to reconveyance o1 the Property to � •
<br /> Trustor.may make tutute advaneea to Trustor.8uch luture advances,wrth mterest thereon.shall be secured by thts Trust Deed . .
<br /> when evideneed by ptomissory notes statmg that sa�d notes are secured hereby,provlded that at no S�me shatl the seeured pnnupal. ,
<br /> tuture advanees,not mcluding sums advanced to proted the seeunly.exceed Two Hundred percent(20U56)of the ongmul pnnapal
<br /> amounts secured hereby. .
<br /> � � 4. REMEDIE8 NOT EXCLU3IVE. Trustee ttnd 8enefianry, and eaeh ol them, shall be enUtled to entorce pnyment and : , ,
<br /> . . peAormance ot any indebtednesa or o6hgattons secured hereby and to exetc�se uli nghts and powers under th�s Oeed o1 Tru3t or
<br /> ' � undei nny othor agreoment executed in connectwn herewRh or any luws now or herenfter m torce.noNvrthstandmg soma or QII ot the
<br /> ' such indebtedness and obligationa seeured hereby may now or herenfter 6e otherwise secured.whether by mortgage,deed o}trust.
<br /> pledgo.hen,ass�gnment or othervvise.NeRhet the aeceptanee ot thts Oeed of Trust nor Rs enlorcement whether by eourt acNOn or , .
<br /> • i pwsuant to the power of eale or other powers here�n contrsmod.ehatl pre�nd�ee or in nny manner aHeet Trustee'e or Benof�c�ttry's . .
<br /> � � nght to real�ze upon or enforce any other secutAyr now or hereafter hefd by Trustoe or Benefic�ary.R be�ng agreed that Trustee and .
<br /> ' - j Beneficiary. and eacb o1 them. shall be entrtled to entoree th�s Oaed of Trust and any other securRy now or hereafter hetd by �
<br /> l Benefi�wry or Truslee in such order and maneer as they o►erthor of them may in their abso�ute discretion detormmo.No remedy
<br /> herein eonferred upon or reserved to 7rustea or Benef�c�ary ia mtended to b9 exclusrva o1 nny other remeCy herem or by luw
<br /> �'F . � prov�ded or pormAtad, but each ahall be cumulahve e�nA shall be in addR�on to every other remedy grven hereunder or now or
<br /> , � herenfter existing at law or in equAy or by st4tute. Every power o►remedy prov�de0 heteunder th�s Oeed of Trust to Trustee or
<br /> i Benefic�ary or to which erther of them may bo otherw�se entRted.may be exerused,eoncurrentty or mdependentty.from time to t�me �
<br /> � i and as often as may 6e deemed expedient by Truste�or Benefie�nry a�d erthei of them may pursue mcons�stent remedies.Nothmg
<br /> �? herein shnll be construad as prohibRmg BeneUcinry ham seeking a defieiency�udgment elga�nst the Trustor to the extent such etct�on �
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<br /> _ . _ ._ . � is Permrtted by law �—°--_--—_°
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