.` .-f;".�-4.v..� . , a ' _ _
<br /> _ :S�
<br /> - ' -t i.�.CL_
<br /> . —. - '�� . .- , — -- T•._— . -. ,_ , .. � ~. . .�.. .
<br />� . ' � _..._'".....-"...._ . . .� .. .__._—_ a. .. . �_7.�.. _. _,.-.�:._ . . _ '. .. .-. � .. . __..... �:1` _ , .
<br /> . � .,_ � _..'�— . � . .. R'� �i`��"� _
<br /> . . . 9�- �.��oo : : ._ .
<br /> . , •, or obsolete.Pmvided that such petsonal pmperty is rePlaced with oiher pecsonal propecty at least eq�al in value w the ° ;:•`'�.- .
<br /> �•. - , � repiaoed personal pmperty. free fmm any dde rcKenrion device. security ag,reement or other eacumbrance. 5uch ,
<br /> �` •� replacement of personal propecty wilt be deemed sabject to the seauity intemst creatsd by this Dced of Trust.Tmstar shall
<br /> � � ' � uot partftion or sabdivide the Propecty without Seneficiary's prior wrmea cons�t. Benefcciary or Bene&ciary's agents
<br /> , , . may. az Benef�ciary's option, enter the Praperty at any reasonable time for the purpose of inspeaing the Ptoperty. Any ,
<br /> � iuspectioa of the Propecty shall be entirely for Beaeficiary's benefit aad Tmstnr will in no way zely on Beaeficiary's ,
<br /> � � inspection. . ` .
<br /> � � 13.AtFPHORT�Y'I�PERFOI�M.If Tnutor fails to perfora►auy of Tn�stor's duties under tLis Deed of Tmst,or any other � :
<br /> . . � '',�_ mongage,deed of aust, security ag�ment oz other lien daatment thai has priority over this Deed of Tnut, Beneficiary � ,
<br /> `4 , may,withoui notice.pedorm the dudes or cause thecn to be performed. Trustor appoiats BeneSciary as attomey ia fad to - ;.
<br /> �. °
<br /> _ sign Tn�stor's name or pay aay amnunt necessarq for performance.If any coastruction on the Property is dfscantinued or . _ _
<br /> _ ` � -- '�
<br /> . not catried on in a reasonab2e manner.Beaeficiary may do wl�atever is aecessuy to protea Bene&ciary s secarity interest - -
<br /> .. in the Property.This may inciude completing the canstruction. ;t."`.°,.`:`
<br /> T.� ' BeneSciary's right to perform for'fnutor s6all not create an obligdiioa w perform,and B�eficiary's failuce to gerform -•��- :`"°`
<br /> • - ` w�l not preclude Beneficiary firom exer�cisiag any of Benef�ciary's other rights under the law or this Deed of Tmst. Any _ . •,""���-:;
<br /> � . amnunrs paid by Beneficiary for insuring, Preserving or otherwise pmtectitng the Property aad Benefcciary's secority ,. "'-_:.��_.
<br />- � interest will be due on demand and will bear interest from the date of the payment until pazd in full ai the intetest rate in � . _
<br /> •�. effect from time to time accozding to the terms of the Evidence of IIe6t. - _ ,
<br /> ' - ��'i...-
<br /> ' 14.ASSIGNMENT OF LEASES AND RENTS.Tnastor irrevocably gtan3s, conveys and sells as additional security all the ::'';,,�� � ;-
<br /> ;` right,title and interest in and to any and aU: � :.;` �S3'�-
<br /> �;. . ...-
<br /> <<�. . A. Existing or fimue leasa.snbteases.licenses.guarauties and any oWer written or verhal ageements for the use�d y_
<br /> � . � t accupancy of aay portion of the Pmperty. including any exteusions,renewaLs, modifications or substitutions of
<br /> ' ° ;•; such agrecments(aU referred tn as"I.eases"?. �: .1r, -__
<br /> :7:, : .
<br /> • B. Rents,issues and pmfits(aU�efen�d to as"Rents"),including but not limited to security deposits,minimum r�t, -
<br />'.' ' peroentage rent. additional rent, wmmoa area maintenance charges, Parking charges, real estate taxes, oiher •' ��'fS _Y<•
<br />
|