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<br /> inter.pr�t at the rate hereinafter provided ehall conetitut� a lien upon the
<br /> '� property, ehall be eecured by thie Deed oE Truat, and ehall b� immediately
<br /> due and repayable �o the Beneficiary; (h) not to sell the Proporscy or any
<br /> portion thereof without the approval of the Beneficiary i.n writing; and in
<br /> the event of any eal� liorein prohibited, thc:n the Pntire indebtednese eecured
<br /> ,.�; by this Ueed of Truet ehall, at the option of tne IIeneficiary, becom� due and .
<br /> payabl�; (i) that if the Property or any part or parcel thereaf shall be
<br /> taken ox damaged under the power of eminent domain, the award for any
<br /> �,.,,�M�." Property eo taken or damaged (including eeverance damageo to the remaining
<br /> - premises) shall be paid to the Beneficiary and applied in full or in part at
<br /> the option of the Beneficiary in r�duction of the indebtednees hereby
<br /> ` � secured; (j) that the Beneficiary shall have the right to inspect the
<br /> Property at auch reasanable times as the Beneficiary may desire to determi.ne _
<br /> � � Trustor' s compliance with the covenanta cont�ined in thia Deed of Truet; (k) �'.;,
<br /> ' "� hat the aenef i.ciary may rel�aee from the lien hereof any part or p i ce�hat ��,
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<br /> tne Property caithout requiri.ng any coneideration theref or, and ( _
<br />' - �� Tr.uetor ie lawful].y seized of eaid premieee and Property in fee eimple, that _
<br /> '� ' the same are free from all liens and Encumbrancea except aa may other.wise be =
<br /> ' epecifiaally noted herein or waived in writing by the Beneficiary; that _--
<br /> ' Truetor will execute or procure any further neceeeary aesurancea of title and _
<br /> � � does hereby warrant generally the title to eaid Property and will forever _-
<br /> '" defend the same against the claime and demande of all pereons whomaoever, and
<br /> ''� t that Truator'a aeparate estate, whether vet�ted, contingent or in expectancy,
<br /> •� '� ie hereby conveyed and Trustor does hereby expreaely raisemente exemption -
<br />:`.��>�; ...�' righta and benef i.ts of any homeatead, dov+rer, curteay, app
<br />,�'�' : and atay laws of this atate. It is agreed that the intereat provided for in
<br />_ , .,. { aubeection (g) above shall be at the �ame rate as specified in the Note
<br />-._i .-y:w ,
<br /> secured hereby on the prxncipal thereof after de�ault and maturity.
<br /> ,�°�rY�� . .
<br /> yn. �� :. SECOND. in the event Truator, with�ut the prior written coneent of
<br /> , •�,:�. '' Benet-iciary, ehall sell, transfer or convey or contract to sell, tranafer or
<br /> -;�.•�� ,;r'; , � art thereof or any intereat therein, the entire
<br />� .:-,�•: conve the Propertl, or any p
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<br /> __.,,,;,..=, balance of the indebtednese hereby secured ehall become and be immediate y
<br /> ' �� � due and payable at the option of Beneficiary� p��o todesuch e le,� t a eferaor
<br /> �_`�'�' may waive such option to accelerate if, p
<br /> '�`��"�� conveyance or contract therefor, Beneficiary and the peraon to whom the
<br /> .-..�.'��
<br /> -<< .w- - property ie to be eold or transferred reach an agreement in writing that tl1e
<br />--::,,�u credit of euch pereon is s�tisfactory to Beneficiary and that the intereat
<br /> ��:,��;r��� , payable on the aums aecured by this Deed of Trust ahall be at such rate as
<br /> --_-°= Beneficiary ahall request.
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<br /> �-'�'"��� THIRD. That ae further security for the payment of the Note and the
<br /> ��-�� indebtedneae tihereby evidenced and the performance of a7.1 of the texme,
<br /> ':;;;� covenanta and conditione hereof, Truetor agree� that Benefiaiary shall and
<br /> = daes hereby have the right, power and authori.ty dur.ing the continuance of
<br /> - thie Deed af Trust to collect the rentr�, iseues and profit� of the Praperty
<br /> - -- and of any peraonal property located thereon with or without taking
<br /> �--';�� ' posaes�sion of the property af fected thereby; and Trustor hereby absolutely
<br /> - -�"'� and unconditionally adeigne all euch rents, issuea and profits to Beneficia- _
<br /> --�'�'�'� Beneficiary, however, hereby consenta to Trueto�r's collection and
<br /> -�:=�. retention of such rente, issuea and profits as they accrue and become payable
<br /> ��•��w�� so long as Truetor is not at such time in d�fault with respect to payment of
<br /> �'''��` any indebtedness aecured hereby or in the performance of any agreement -
<br /> '-.���$�4��� hereunder. Upon any auch default, Beneficiary may at any time, either in
<br /> ��; �, person, by agent, or by receiver to be appointed by a court, without notice �
<br /> -"`t� .-.;,�; � and without xegard to the adequacy of any security fox the indebtedneee
<br /> hereby secured (a) enter upon and take posseasion of the Property or any part
<br /> ��`R�`i''"� � thereaf and in its own name sue for or otherwise collect such rents, issues
<br /> .�"`-' r and profi�s, including thoee past due and unpaid, and apply the eame, less —
<br /> �'�� �� •.� eration and collection, including reaeonable
<br /> - � coste and expenses of op —
<br /> r ��,��"' - attorney' syfeeY, upon any indebtednese secured here�y and in euch order as �_
<br /> � .. ;,�f!' Beneficiar ma determinEL (b3a leaae �hQ n n�fi�i rv's iudament ayf dictate �
<br /> ..=-`"_`" . __ rental, term and upvn du��a ��=.ui.-��..� �- __------- - - _
<br /> "�• or terminate or ad�uat the terms and conditions of any existing leage or _
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<br /> leases. Unlees Truator and Beneficiary agree otherwise in writing, any _
<br /> � applicati�n of rent3, issuee or profita to any indebtedneas secured hereby _
<br /> � ahall not extend or postpone the due date of the installment gayments as �
<br /> - �. �� prov�dPd in the Note or change the amount of euch inetallments. The entering
<br /> , , . � upon and taking poaeessiori o� the Property, the colleation of such .rente,
<br /> iseues and profi�e, and the application thereof as aforesaid, shall not waive
<br /> „ or. cure �u�y de��aueuchrnoticee �Trustorlaeaignsntor Beneficiaryaaas further
<br /> done pur
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