80A - JOINT PH - TRANSIT ZONING CODE, FINAL EIR, SPECIFIC PLAN ETC. - ORIGINAL PACKET PROVIDED TO COUNCIL

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1. exercising any such powers, pay necessary expenses, employ counsel and pay his reasonable fees. (5) To Pay immediately and without demand all sums so expended by Beneficiary or TrLIstee, with interest from date of expenditure at the amount allowed by law in effect at the date hereof, and to pay for any statement provided for by law in effect at the date hereof regarding the obligation secured hereby any amount demanded by the Beneficiary not to exceed the maximum imu allowed by law at the time when said statement is demanded. It is mutually agreed: (1) That any award of damages in connection with any condemnation for public use of or injury to said property or any part thereof is hereby assigned and small be pain to Beneficiary who i ay apply or release such monies received by him in the same manner and with the sarrre ef'f'ect as above provided for disposition of proceeds of fire or Other insurance. (2) That by accepting payment of any sum secured hereby after its due date, Beneficiary does not waive his right either to require prompt paytrnent when due of all other sums so secured or to declare default for failure so to pay. (3) That at any time or froin time to time, without liability therefor and without notice, upon written request of Beneficiary and presentation of this Deed and said note for endorsement, and without affecting the personal liability of any person for payment of the indebtedness secured red hereby, Trustee may: r eon ey any part of said pr'oper'ty; consent to the making of any tap or plat thereof; join in r ing any easement thereon; or join In are extension agreement or any agreement subordinating the lien or charge hereof. (4) That upon written request of Beneficiary stating that all sums secured hereby have been paid, and upon surrender of this Deed and said note to Trustee for cancellation and retention or other disposition as Trustee in its sole discretion may choose and upon payment of its fees, TrUStee shall reconvey, without warranty, the property then held hereunder. Tile recitals in such reconveyance or any matters or facts shall be. conclusive proof of the trudiffilness thereof. The Grantee in such r con eyan e may be described as "the person or persons legally entitled thereto." (5) That as additional security, Trustor hereby gives to and confers upon Beneficiary the right, power and authority, during the continuance of these Trusts, to collect the rents, issues and profits of said property, reserving unto Trustor the right, prior to any default by Trustor in payment of any indebtedness secured hereby or in performance of any agreement hereunder, to collect and retain such rents, issues and profits as they become die and payable. Upon any such default, Beneficiary may at any time without notice, either in person, by agent, or by a receiver to be appointed by a court, and without regard to the adequacy of any se curity for the indebtedness hereby secured, enter upon and take possession of said propety or any part thereof, in his own nine sue for or otherwise collect such rents, issues, and profits, including those past due and unpaid, and apply the same, less costs and expenses of operation and collection, including reasonable attorney's attorneys' fees, upon any indebtedness secured EXHIBIT B -2 TO ATTACHMENT NO. I To Deed of Trust With Assignment ofRents Non - Recordable Attachment DOCSO Cl 1 400673irl 3/2 00272 -0001