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. . . . . } <br /> „ <br /> , , . . _. � .-_ <br /> I � 01-26-1997 D�ED OF TRUST ������ P�� 3 � <br /> � Lc�sn No 463�+A51 (Continusd) �T�, <br /> ' �-:.,._..�—�– -.��—�,--- <br /> oP Tru91. <br /> RI�Mht To t'itr:4tat. Tnn9trr mny wHhhotd p�yrn�nl d any tax,tu�m�nt,a c!alm In connectlo�wfth�pood fdth dfsput�ov�r U►�ob�Iq�HOn . <br /> to p�y,w lonp af Loncl�w'�,Iniurwt In th�Prop�rtY M rtd ards�d. If�Wn eds�ls a b INW a�ntWl ol nonpayrtNrtt,Trusla stuN wlthln . „ <br /> � MtNn(16)c4tYo�R�+Ilse I�wi n�teM a�M�Men M M�d� hln 1iM�n(16) da�st4aTrwta hu no1k�ol the IINnQ�Ncur�Ih�dhcharW d ttM �- <br /> N�n,a H Mqvnel�bN Lwndur. d�p o�M wilfi 4Md�r crah a a iutilcNnl capovaN�urNy bond a olhar�acurfty NihMctay ta Wnd�r In an <br /> i �rraunl tuMnhu►�to dbohnsG�s lt�i f M�piw�ny cosb tnd�tlaMYs'N�a othK ch�rpM thal could soaua u�ntull of�lor�dosun a ea1� <br /> und�r lM Mn.. In�ny cn�hm?,Trutla�haN d�hrt�l ilsNl�nd l�nd�r ond ttuiY eaHsty Iny adwre�Judprtwnl bNor�rnfaars»n1�pd�al th� <br /> Fro�s:f�y. Tn�nl�ah.�:l ntun0 t.end�r G�en��AN!o�l 044!�untle�eny surety band turNSh�d In IIw con4nt proc�adln0i. <br /> EvkNnc�a��aym�nt. Tnicrur thaN upon d�mmd Airnl�h to UnWr�atkhclory�Ndmc�of p�ym�nt ol th�faxa�a ascKSmu►b�nd�h�N , <br /> wtho�ln�thn su.+�roP�U+ts�9Q����W oflk�.lal to dMiwr to Lsnd�r d lny tlm� �writMn stal�rn�nt o1 th�tax¢a tnd�sa�urtNnb �Wiral ih� <br /> Prapwty. _ <br /> Notic�ol�oa►Rtruorion� T�vntR�thaM notlry l.�ndar�t Iwst Ilttan(16)days bNoro any work k camnwncsd.any arvloas In furdsfwd�or any <br /> rtKt�ria4�rs aupplWd rn Ihn E'ropNty,M any m�chania's Ibn,mate+klmenY Nen,a olher IWn cou�d b�asserled on axouM o1 Ra wak. � <br /> i s�ryloM,cr mntertnfs. Tn�t;a�wii upon aqu�tt of Und�furnbh to Under�dvarxe assuranas sztf�faatay to Lendw that Trusta can anQ wiY <br /> ipay tho c�t od auch Irnprpti�rM�n►�b. , _ <br /> I aaoa��rv or�.u�wE insu�xc�. 1'h�fdbwinp provklon�nlatlnp to Iraur�np Ih�Prap�ry u�a part of thb Dwd af Tnst. , <br /> Ul�lnyrwr.�ollnsur�.�.Trueta�h�N procur�artd malntain poltdes of k�Insurana with standard sxtonded cowmp��ndasartwnb on a <br /> • � nptapmne�A t�s�ks tnr Ihn h�'ktuunbM wlw cowrinp�ll lmpro�vrtwnts an tlw R;�I P►operty V►an amount suMdent to avdd app7caUon af any ,..:,+ . <br /> " cd�unnnr�cl�uc�,�nA wYh a stu►sf�rd morqep�daus�U hror ol Londer,toyether wtth auch other ha�.ud and Na6�ity Insunnce u Lsnder ��,,,,,� <br /> rtwy rwvrr�bly roQuk�. PaY.�iw�h�N b�wdtt�n In form.�mounb�Cov�npss�nd basls roasorubty aocePtaGN to Lend�r and Fsswd by a .,,,,�..: <br /> crxnpany va cort�panWl mt3snablyao�p LbM to L.�ndK. Truslor.Won reUUUast d l.�ndK.wIM dWvw to L�ndK from tlrnl to qm�th�poµdas • <br /> e ' <br /> a oKYlkatas d Irwuronca in tam satlshctory to L�r►d�.Indudnp diPulatlo�thd covKap�wW nol M cancNNd or dlrtii�sislad withoul at ' <br /> i i�ai t�i(,10)deyr.'pricrr wrtNa.�rta�to Laesl�. Eech Imurena poYCY�Iso shat Indud�an�ndas�nt providinp that cownps in ta+ror of � . .:� <br /> I.�r�du w41 not b�Irnroko4 In any way by�ny act,omisslon a dof�ult of Tnista or any othK p�son. Should tM Rw!Prop�lY �i any iirrN .>�;�;:: . <br /> bacom�tcca�d In�n�roa doslOnnMd bY 1!w dk�cia of th�FWor�i Emetpency Mar�pemmt I�rxY as a spoclU Ilood Nr�rd arw.Trustor ,,,`, � <br /> •y: �<<e <br /> �prea�td obtuJn anA mnlniidn F�dsrd Flood Insurmoa far th�IuY unpaid prtndpcl b�knoe of the loan,up to Ilw rtwxlmum poNcy YmHa sat ••�•�. -- <br /> undK thn NnBo�x!Fkwd Inra�noa Propram.a as othawtse roqW�d bY��'•ond to malnWn such InsurRna for lhe t�rm of Uw lan. .ri: :•�. ... <br /> a t;: <br /> /Ipplfcat�ot 01 Pn4CNdB. r�usrar s�aomvW�ourr�•�,d.r a any b6s Or dartw0v W th�PtopMty. L�n�M►rtrY m�k�proof d bq N Trusto► S�, <br /> hik to do 0o wHhln 1iMne+�f�S�)WYa d th�oaswllY. WFwtMr a not Undere�cwilY b knpalrod�Land�r maY.at ks M�ctlon��cdur�nd ntain _�; '�;'= <br /> th�pr000eds W�ny{ruuronos and appy tM prooe�ds to th�nductlon of lM Ind�biednea�,W►Ym�M ot any N�n aflecHnO ths Propety�a th� ; <br /> �, l rostose�don and nD+�of tlie Propub• M L�nd�r Nsct�to�pply tM ProcMds b rosloraUOn and repak�Trv�tor sh�k roPaf►a nplao�ftN ti��;� <br /> � dart�pw ar datofwd Irn�x�ownNnb In a nwnnK atlstactory b LNids►. Land�r shu� uDon atlshctay Prod of tuch�bttun.P�Y a <br /> ramburta 4rusto�trom ttitti prooNds for th�roason�db cast d r�p�r or rostornUon M Trusta b not M datauN undsr tMs I)sed of Tnnt. My .����;^ ,� _ <br /> prooMds wfibh hRVA nnt�eers d�buis�d wNt�n 100 days�ti�Ih�ir r�cetpt�nd wNch L�nd�fu�not eommltt�d to th�n0+iv a r�tontlon ot (� � <br /> tM Proporty�h�M bo utsd Mst to paY any�mouM owinp to LM�undsr this CMd af Tnut,th�n to paY ao�u�d ln1K�sl+�nd tM►�inder,R � � • • <br /> �ny.stwt 1»app!i�d tu Nth princqd b�tana of ih�IntMbl�drna. il Lw�dK hWd�anY proc�eds a11�r WYrtwnt In fu!of tM Indlbl�dnass,s�Ch �� y <br /> _ rr!+r�.er��ur.r ae nakl b �nxtor�Tn�tore Inhnst�rtaY�PAM�• .�: <br /> lhN�ir�or]Utrwana d S�aN. Any un�x�ir�d Insunna shtM Inuro to tF�e bonefH d�and pass to.th�purchas�r of tM PrapM3y cowrod by thfs . : ; , -, <br /> D�sd d'i vu64 a4�ny 6ut'�Y s�N or othir sW hoW undar ftw provf9bns d iN*t Oead of Tnpt,ot at any foredosur�e�ls d sl�ch Properly. :. �ss•-� <br /> sa :. � �:.•; <br /> ��.. <br /> p(PENQITl�88 OY L�]ikL•�t.H Truttor faMs b Compiy with any prOVLlbn o1 thy I�d of Trimtl,a M anY acUon or ProcMW�G�S �^��d 4hat .^F t: �,. , <br /> woutd maMriaYy atNct Lmdc�t�►Ir�b In 1M Prop�ty�L�nda on Trusiors bahalf rtwy.bui slWl not b�roquk�d to.t�k�arry�cia� th�t Londer . .'- S`. . <br /> dwmt�pprop�w. ivq annu�•A ii�it L�rxMs�In�o ddnp wil�u Intareat at Ih�►ak pravidad tor in th�Not�hom fh�Wtts�CUmd a ptld -;a,- ; =�� � , <br /> by l�ndK to iito d�M of m0a5cmrnt by Ttwta. /11l tuCh�raa.U Londors aptlon,wiq (t)b�P�Ya6N on d�mand� (b)be�dd�d b th�btitna =�',•.v�- !;� F <br /> of th�NoN anrD b��ppafio�s�d�map and W p�ytbM vnth�ny MaaMm�nt paym�nb to b�com�dw durinp attw� p)tM tKm ot�nY oPD11CabN :��., s;, ,� . , <br /> Insurnncs Pal�Y or pl)tlw m+s�h'+�t�rm d ttN NoN�or (o)W trKled u s baGOO�DQY�►which wiM W dw and WY�bI�U th�Nota9 mtttrily. �;u.:�..::.. . <br /> TT�k DMd ol'NU�it aRo w�1 sicus payrneM.W thar amounts. The rqhb provided fa In thb panp►�ph chaM b�In addiUon to any ott�Hphb a Rny � <br /> nrtNdfM to wntch Lsncfnr mny D�snWIW on account of th�dNiult,My tuch�cilon by Londsr ahaM not b�construsd as curirp tM dofault so as to ,1is�ao..=:�t <br /> bsr L�ndK kom�ny rome�+�ful k othrrw.F�would haw had. ''0�� �'�� <br /> .,�cX.,_. t <br /> ��"� wu��atv:s�+sF c�o'ddLE.TM folowlnD Provb�or�s rq�Nrq to own�sNP al Uw Ptoppty�rA a P�ol thss Daod d TririL :��.; , � <br /> n <br /> ; TNM. Trustor w�rranhf i1u�t (s)Tnxta hold�paod and mzrktlabM tlqo ot ncad to ths Proporty in 1M afmPM�1rn and drr aI�Ikm and �' -: �-�- <br /> `• � �ncumbotnC�s ah�r Ilttue d�os�iN taM M th�Ra�i R'Op�tf►d�riptbn cr�n iny tltla it�anc�P�Y.tltle nPott.or Ilnal Iil1�odnion iauod In _ <br /> � hvo►d�a�nd�oo�Dltwr S}y�L�M oonMCflon wHh t1�ls Owd o�!tnnt,and (b�Truata has ttw full ripht��owK�and aWAOriblo�xecule and '. <br /> , , dMlwr thls De�d olTc�uuFi lo L�. i�,: c - <br /> �. DlhnM W TfIM. Su��c!b qw�Ddon In th�p�npnph abowrTtustor wamnls and wiN tonwr dM�nd th�tltl�to tM ProqrtY Wvn�t 1h� r.���'..`� ��' '- — <br /> .:.�...x,,.:-- <br /> lavrtul delnn af�il po�,Bw. In f!M r�nt any scibn a procwdirq is comir�wrd th�t qunUo+n Tnnta't WI�a the In1�rN1 of TrwtN a .;,_.� ,;.�n— <br /> L�nd�ur��r tl�b Do�nt t�f Tn�l,Tru�tor�hY d�IwW IM actlan at Tnata'��w. Tnista may b�dw nominU party in�ueh procMdieO�bu! ",•..*_�F�-° <br /> s L�nd�r tneN be�nBMOd fo partloipat�in th�procNdirp�nd b b�npr�nt�d In thi pracwd�n0 bY counsN d L�nd�s own Cholor�and •+�F�����. <br /> =�� i rusia win oN�w.ar oc�iv br dNhrK�d.to L�ntl�r wCh iroaumrnt4�a L�der may nqtw�t itom tlrtN to tlrtw to pamN wch parYcipitlon. __._3}',:.°•,_-.R�_�_- <br /> ` ��..-,--- <br /> CqnpNws�MINb LnKx. Tru�for wmMs thtt th� PrcD�rtY and Tndstor� ua of th� Prop�rty comPli�'wKf��II�cMIInD�DP�k� '"�f;:��; <br /> adinmCe�.�nd ropu�tiwr of povKnrtrnW�uthaftl�s. , .��t•;'=" <br /> ,•�� <br /> �ONDEMNATf�1N.TOis Iara.�inp provhlorN nlatlnp fo contMmnalbn prooe�cYnpt�n�psrt ot fhis DNd W Tnut. :xi.,'�':.. c-. <br /> of li�t P►r�cNd�. If aN a any part of tta Rrop�ty k c�niNmri�d by�mirwnt dortutn praaadinps or_by any praosedinp or " ��+�•' <br /> urc�p 1�I�Nw of oondamnalbn.L�m�y at Ib otectlon nquin that�II�tny patlon of th�n�i pracoeds of thr iawud M appYed to th� •X'' � • <br /> Ind�bMdra�af a�tl�e n�pnM or rrstontlm of th�Proparty. TTw rwt procaods of tta awvd ahoN moan the awud�tkr payewnt ot all nasonabM ' . `�� <br /> cosb.�xporn�s.and Li�an�ys'tMS incurr�d by Tnntae a L.ondar In conrwcUon with Ihe condamnaUon. ' <br /> :.ue,���y:. 7C:nl F�rc.�:C:+q In con�rnr+Won It ffbd�Tnxtor ehtM PromPUY no1iN L+�ndw In wrWrp�and Tnutar shiM promptly tak�tu�h . <br /> � aMps dt may W necoaaary fo dMind th�acii�on and obtaln th�awud. Trustor rn�y W tM nomirwl party In euch procwdnp�but Und�r slwN �,; <br /> e <br /> !+e enkik�d W parUof�ru{u In th�proGMdinD and to bs ropre�nted!n ttie proowdtrW by cour�l W fts oxn chola�and Trtsstor wW doitwt or `i� . . <br /> atw to t�s dNiv�nd t�9 Una�r such Ir�trum�nb a may ba n9u�sNd by 81rom tlrtN lo drtw to P��such participttlon, -� ,,,. <br /> rs , <br /> - IIlIPO&ITION fK'TAitk6.k�£�AND CFIARGH9 BY G01rERNINENTAL AIJTHORITIES. Th�foqowirp Provislons rolatlrp b powmrtanlal taxos, <br /> fsa md CtwOo�w a Part Cf INs W�d of Trusk � <br /> Curnnt Taxw,F�a rnd Charpa. Upon nquKt by L�ndw,Tructa ahU wwcul�such dacumaita In addtdon to this Dwd dTrust and t�a <br /> - whaWwr r,ther�c'�n 1�nQu�3Md by L�ta P�'�and cantlnue Lendx'a Wn on tho Red Propsrry. Trustar sMll rNmbwu Ur►dK for o1 I -- - -.. .... <br />- taxe��u tfaeatt►od t�oiow� tOpNher with�1�otpens�s InCtxrld NI roCOrdnp.D�rteCYnD or contlnulrp this Oaod of Tnnt. NdutMnp withoul . <br /> Mrdtait�on pll tex4s,k�ae,dacummtary stamps,and otMr charpa fa�scordinp a npFsMriny H►Is Daad of TrusG I <br />- T�ocw. Tt;n WROwinp shY con�tltuM fax�s b wtdch tt�s esctlon upp�ies: c•�•so•�o��vo►►�►�s�yas a oo.d�T� a�vo�+.r a��y L -- <br /> - _*�.r�....u.�T..b..1....11�n.irA�v�amd�rAle�deeitr!knnt <br /> .. .__.:._ ____ . ... � -' ''�-_.. .�.----�._._.._ .. <br /> put Of R1s tnO�U�s�nass�tnd oy mw�wru w nw�. tv�s w��•••••�•••••••••�•�•••^,••• ••••.••..��...�.�_ --�—--•- -----.._.. •,-- <br />_ � o�m��co u,o mnay�.d�a.ound o�nr�M»a o�a T�n� cc�.r�o�tn�yp.a oaod a T�,s�c�w�e.bw�����►»u+�du a <br /> th�hdd�r of Hio Pkti�:tnd (0I��p�CMb I�c on rll ar any portlon of tM Indlbt�dnosa a on PaYmsnb o/pri�dP��nd I�nst rtwd�bY <br /> Tn»tor. <br /> I 8ubwquMM 1'anta�. If any fax to whlch thN McUon QAPIi�s b�ct�d wbseQwnt to tM dat�af thta�e r d o 7 T r u t t,t h b�ven l z t u,'f h avs t M <br />_ � sarrN aflect u an Eo�snt ol Doltult(as dMr�tl below).and Under may�xe�l,se anY a al of ks av�Jl�bw nrtw�flw for�n Ewnt ot Defautt as <br /> � f�cWx�andrHOpa�fit wMh L�xf��.hsR h a a suMid�nl c�po�aM rtM'�ty�nbo�d�ath�t f�cudtY Ntlq�CtOry l0 lMldKebow b thr T�Qnd I <br /> I SECURITY AG4EENII�tU'r;FIMANC�NW 9TA7ENIElITS. Tha tollowiny�ravisions relatinp to thb C�sd d Trust as a aac�i►y�pr.-�rtqr•t uo�ptrt of <br /> � lMs DeW of Tn�c�. <br />- Ssewtfy aLpnemont. TMs Instrumsnt sh�l constkule� securib�0reemsnt to the extenl any ot the Property cortstilutea Ilxtures a other ! <br /> . pers�l NropoA�t,attL1 UnWt slWl hevs dl of Ihe riphb d�secured p�rty und�Ihe Uni[orm CommecclN Code as 1me+�ded hom Uma to i <br /> tlms. <br /> , <br /> � f <br /> i �.__..._� .� . ..---- . __ _ <br />