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STATION DIST DDA WITH CRA
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STATION DIST DDA WITH CRA
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exercising any such powers, pay necessary expenses, employ counsel and pay his reasonable <br />fees. <br />(5) To Pay immediately and without demand all sums so expended by <br />Beneficiary or Trustee, with interest from date of expenditure at the amount allowed by law in <br />effect at the date hereof, and to pay for any statement provided for by law in effect at the date <br />hereof regarding the obligation secured Hereby any amount demanded by the Beneficiary not to <br />excee d the max i mu m a11owe d by 1 aw at the time w lien s aid s tatement i s dernan d d. <br />B. It is mutually agreed <br />(1) That any award of damages in connection with any condemnation for <br />public use of or injury to said property or any part thereof is hereby assigned and shall be paid to <br />Beneficiary who may apply or release su h monies received by him in the same manner and with <br />the same effect as above provided for disposition of proceeds of fire or other insurance. <br />(2) That by accepting payment of any sum secured hereby after its due date, <br />Beneficiary does not waive his right either to require prompt payment when due of all other sums <br />o secured or to declare default for failure so to pay. <br />(3) That at any time or from time to time, without liability therefor and <br />without notice, upon written request of Beneficiary and presentation of this Deed and said note <br />for endorsement, and without affecting the personal liability f any person for payment of the <br />indebtedness secured hereby, Trustee may: r convey any part of said property; consent to the <br />making of any map or plat thereof-, join in granting any casement thereon; or join i n any <br />extension agreement or any agreement subordinating the lien or charge hereof. <br />(4) That upon written request of Beneficiary stating that all sums secured <br />hereby have been paid, and upon surrender of this Deed and said note to Trustee for cancellation <br />and retention or other disposition as Trustee in its sole discretion may choose and upon payment <br />of its fees, Trustee shall reconvey, without warranty,, the property then held hereunder. The <br />recitals in such reconveyance or any matters or facts shall be conclusive proof of the truthfulness <br />thereof. The Grantee in such rcc on c ancc may be described as "the person or persons leg ally <br />entitled thereto." <br />(5) That as additional security* Trustor hereby gives to and confers upon <br />Beneficiary the right, power and authority, during the continuance of these Trusts, to collect the <br />rents, i sues and profits of said property, reserving unto Tru s for the right, prior to any default by <br />Tru s for in payment of any indebtedness secured hereby or in performance of any agreement <br />hereunder, to collet and retain sue h rents, issues and profits as they become due and payable. <br />Upon any such default, Beneficiary may at any time without notice, either in person, by agent, or <br />by a receiver to be appointed by a court, and without regard to the adequacy of any security for <br />the indebtedness hereby secured, enter upon and take possession of said property or any part <br />thereof} in his own name sue for or otherwise colle t such rents, issues , and profits, including <br />those past due and unpaid, and apply the same, less costs and expenses of operation and <br />collection, including reasonable attorney's attorneys' fees, upon any indebtedness secured <br />EXHIBIT B-2 TO ATTACHMENT NO. 11 <br />To Deed of Trust With Assignment of Rents <br />Non-Recordable Attachment <br />I0 011 400673 0 4/20027 -000 1 <br />
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