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<br /> --`- ._ . 19. TAXES l�StiD A9SL�$SfR!!lEM8. �irentor shail pay e11 taxq artQ assessmeme wfatlng to the Fto�riy vvhen du�ammediabay pro' r ._ _` _ ti' �� ;r
<br /> • �:",;-.
<br /> e v i d e rt e e q'D 9 Y m Q d t o t s a m e. U P o n t h a re q u e s t o f t�e n d er.Qrarnat shall dfl p o s f t r�lendat eaeh moMA�n�twetftn(t/12j of the estlmaisd annual • �,::;.
<br /> `�.� � .� (nsucenca Premfum.taxes and asse�mertts Rermtntng ta tflo Rop�rry.So long as U�era[s no detauit.tAese amourtss s t+a i!e s app t to d t o�o p s y m e r�t
<br /> Ut •`
<br /> �. ' '.T. at tao�3,esss3ssmorqs and insuranco as rEquired on tho Prcporty. tn ihe eve�K ot detauM.LenQer shatt have tha dgt►t,et iis so(e optlon,m eva�v�►s � , ;,,
<br /> S 3 tK
<br /> .. . �. -� fluttls so ho;d Eo 9$Y�ll���^��e Obligattans- Anyr iunda epAtiod may,at Lender's option.be ap�ied in tevttrse order o#Ute da9 deta � .�..,
<br /> ' � thBtflOf. ' .
<br /> - ttt. IPdS�ECilOEf OTr pAOPs.'"�ifY.BOCXS.REOORD3 ANIS�REPOATS. Grturtar thalt eltaYV Lender or its agenta tu examtne andsinsoecllfie .,� ,
<br /> � P�apeRy and exemina.lnspect end maS�captea ot Grantm's bootce and records perteining to the P9ropert�i irom tima to time. Grenmr ali provtQa . . . . •
<br /> � . gtty es91SfMC�t tequitad b]/LBttQet tOt thes9 P�g- NI O!fhs sfgnatrtte9 8nd iMotm3tlOn oorttained U1 tiret�tor's Eooks atFd teCOSCs Sha1103 � r; ,c' ; :, ,. ,
<br /> �. � genuirte.trus.acwrato ertd oomptete in e0 rospaeta. f3rantot SAa[I nat9 Ne mds�nce of L.Qnder'S 6ena6cfal iMerest In ifa books and ro�oc�a .
<br /> : - : PQ��9 to tRS Properry. Additlondt[y.Gra�rtor shan repo�in a torm eatisfacmry►t4 Lendar.SueA intortna�on 8s Lender may tequest teBBtdin9 ;
<br /> � Qrantar's finaneial oondition ar Uie RoA�Y. lt�a iMortnaUon shult bo tor s�ch Periods,shail ceftec2 6rarKOCS cewrds at aut�timo.anti aha11 Qa ,,, ' '' :�
<br /> au
<br /> - renderad with such tresquenry es Lender may desigttt�. Al!IntcnnaUan tumisAed Ay Qaantor to Lender s�aSt De true.aeauat0 and compteo�in aU 7 . ,,< .•
<br /> � tespects,and signed Dy Qrantor if Lender Bquests. ��r
<br /> . .'�..t 17. FSTOPPEL CFA71ACA7ES. Wcthtn ten(10)days efitet anY�equest by Leneter,Granmr shall deGver to Lender.ar any irttenCet!transterea ot ". �.�, ;a "�
<br /> _ ,v:r.-4 ?� Lender's righffi v6th reSpeei to tha O�Ggabm�s.a slgned anC admavt�dged statemaM sA�ytrt9(a!t�e ouisland'mg baituue on tfie Ob�ga�ans:end ..f..-p:-,;..;s,-
<br /> ?e: ;j (D)wtt0th9r Granmr po�ffiy►ctaim9.d�tertsss.sat�afi&ot eou�telaUns�vIlh r�Pect to tAe Obl�ons and.i1 so.the namre of sueA daims. ,
<br /> �,,a dete�ssss.59t4tf8 cr aouat0rd8una. Cirantor wi116e cOnCtuBiv@{H Oound by ar►Y[ePreserrtation thffi lrender may maka to tAe irrtended Venstereo witl� —"�` ;`2�
<br /> ' • j respoet to thest�mauera in the everrt that tirantor fa�sta Provide the requested steaemeni in a�mety manrter.
<br /> i 18.EtlENTS OF QEFAIJI.T.An Event of Qstault shat!accvr under�is Oeed of Trust en0 fn0 Tn�'s pOVrBf 8A811 beCOrt1B opsrabv0 i(�th9 event tttat `r r
<br /> GtBfltOt.BOrtOWBt Ot 8rty gu8lA11t0!Of the ObiigBtipt� �
<br /> (a� tai1S to payarry tN�Hgation tn 1.enQetwhen dua� �,.` ' > , .
<br /> ` s_s.:��.' :`. -.
<br /> . ,.� N) tails to perfaim any Obllgatlan or breachas acrys u�arr3ntll or eavenar►t t�lendei contain2d in this�tl of Trust w any othei preseM or fu�ra .;.:.;.. .. .
<br /> . agreemenfi ' ` �
<br /> ` . (�y dssuays.Iot,es ar demage�a ma Pmpett�►�n a�►�t cesPect ar subJects tne Rropart�to seinue.co�fisea�on.m camterm�rtcn; ' ' •- .-
<br />:i._ � (d) seakstc�evoko.mmetnffiemalhee�eW�nitiki�'tQY�derenY9��Ymlender, ,�.�,,:��:::..:�:,::,;..•,
<br /> �� ���<,.•:i..c;:•.:•..
<br /> : . � •` (e) dieg.tteeomes Iegelty ineam�rtk is ds�oh�!cr ffirmineiLed.Eecomas insoNeM.ma6ce�an ss-3gmrtenf tar tlta b8nafit ot cie�GOrs,faEla tD . -r,.,,,__.y.,:�,�..`',;
<br /> � :;.; pay deLts asthey beoome due.5tes a pea�a:�under tr$fede�al tran[crtr�teY[auvs.has an irnra�rrrtffi[y�tftian in 6ankrupxy fited in vJtdCh Grantnr. �'•�K�2;:Y�,:�;. .,_
<br /> �-: ararq►9�+�*Isnamea.or�asR.�c�ty�r�rar��torpraoessotcour� ���.`}������ ` `
<br /> s ;. � all�aws go�st4 tre usQd.transAerted ar stmod en tEs Repe�ttre�ion.trarasparcu�on,ar u�af wh(df,is i[legat. � _�
<br /> ;,:: , �,. �, (9)eIlaws�1►P�!loffs�rthanGrantoror8ortw�sso�tcr.a+s�barry0h�igaxonvA�aunhevirdt�neor�rtattPndsr;nr � . . <T: �
<br /> (h) �lendet to deem iSeH insewr9 duo 1a a s(gt�i5t��'aa�fct tho veluo ot ft�Pto{s�ry;ar�Lendes,irt gvod faith,fnt 8try t�st, f < :
<br /> �5 r if� beIIevest�atttt8prospeetofpaymemaryerfortrqnr;visi��e�l. i,.r 1 ;.
<br /> � �.xh,-;x• -
<br /> � �`'� 19.BtGMTS 06 LQ+iDER ON EYENf QE QL-�AUL4.lty�n�e m�ouc�aar�a4an Everrt of Oet^��lYtta►derd�is�ed of Tn�l,t,ender sha11 tre ertitled to � ���'•6
<br /> ;, ;�N'.t. ''>.� exereise one ar mare of tAe tonowing o¢rs�os vi�t3wiwut na�oa��m(�:eeAt as requirad bv fex). ; -..'"
<br /> <' (r i t - -. r`
<br /> s ..n .. (a) t0 dBCten9 the ObUgatlarts t��Sl Qu9 e�t�pa�ffie i�t fu4�Such acceler86atashe1109 aumrttetic mtd 6nm�it the EvBr►t of l7efau►t i9 . _.t •� .
<br /> � ,,�' afllingunIIertheBarduupteyCode; , ;'
<br /> *: (b)to coltect the o��in8 Obtigatio�with an'»�hn�s ras�orting to Judtcial process;
<br /> (a) to require Granmr t�deGver and make availabte to Lendet ar�y P�e�sonal PmpenY ar Chaxeis constiUiting the Rcperiy at a piaea reasonabty ,. .'�,,.��F.;
<br /> rs� ,. .. .
<br /> . . .,�.� ,' corn8nierttto(irantcrandlander. , � �t '�' '�
<br /> • {� m ertter upun anQ ffihe possession of the Propetty�vithout appE�tor or obtainirtg tt�e a0pai�mrtcnt ot a receiver and,at Lender's optlan.tn s;F� "-�y�
<br /> ° . „ ,' �ppnfM e�petveretfmm�t bond�riithoul flrst hdng(ng suk on ffie�'u�ations and�vitheut trtriensitse�n9 a�ll st�mry condiUm�c�cJ�9 .. �
<br /> - � ' . `� �:i recehrats.H bein i�ded that lender shsll have tbta canUactual dgM fn apFaint a reoaivea; �.�,`l��;�._
<br /> 9
<br /> . ' "'-�t (e) to emAtay a ma�gia9 agerrt of fhe PropettSf 8nd tet the same.edher in Trwt�e's arm nama.in t�e�me at Lendsr ar irt±he n?me af - ;
<br />_ . i (iranUOr,and r0c¢i,ce�e rerns.income9.issnes end Ptofits of tne Propenll�d eDD�Y�sarrta eft3r paymern ot all ne�y�a�rd ���:.
<br /> T
<br /> . � �� wcpenses,on���a�attgattoa�nner deemed expedietR Oy L�[det to pcol�ct tne sew►rtlf oft[sis Qeed of Tn�st ot to aue�,rdbfauROtttet ' ��� `
<br /> ('�?W PaY a►�Y .
<br /> , � ..�` :"• �an payme�of irttecest or PAndp�l on the ObJigatiot�s: � ' ` ��Y`
<br /> ' (q) t0 toreci05a tldS 088d Of Tn�sY judiCl3Uy Ot a0ttjudtcfallSl ertd to diteCt the sale of ttet PtaP=�7C��8h exert3se o!th9 powBr af sate es •", .,r, .'..,:.
<br />° - . � ' refe�aneed in para�b 20.herehr,in aecordanaa wi:h applicabte taw; � e,
<br /> - - . (h)to sst-0tf t�ranbad�ObCgaUons e�ainsl arry am�a�urts owed Grarttor by Lendar irtdudirg.bu3 not Iir.::�D to.marri�insVumet�.and depos8 .:;•;';;;,� �_
<br /> :,It��'
<br /> - - . 8,CC0{l11ZSITISI1RPJrtf3$WE�I�I1Off![QEIIRS/dtffBfl�lE'T.f�'i�'ST80F�LLtUtB8�11�8t06tL86Q8�:871d � . -. s�"F��B:+.
<br /> ! t3
<br /> t. :- . � . (i)to exercise atl ottrar rigMs avaUd�ieto Isnder under arry o1Aer mttten agreemer�t or appticabsa tav�. `°1F4,;<<�-
<br /> Lender's rfgtfts ara eumuta8va end.rnay be oxeratsEd tagethar.seP�e►y,and in any orCer.tr�trieeuertt tha!Lender insdtuoes an aWon seeking �,� <u�,
<br /> . _ tha reomrery ot arry ot the ProPertS►�Y�Y of a prejud$matrt�ert�y,in an aWon a�qainst Q�ntar,GraMnr vraNas the pastirtg of anq doad wtdch °"� �:r
<br /> tnigfit athenvise be requireA. Lender or lendePa dosignea may 6�asa tha ProAanl►Fit ealP sae• Proc�eds of af►yr Ttustee's sate hsreurtdet f> �%�
<br /> shall ba appUec!firs�ta ths costs and e�ens:s o!exetcising Ure�cwe►of sale acts o!tt�9 Eate,includfng the paymeM of tAo Trusteea te�
<br /> � ech�ally ina�rred ss�act tn wcoeed the amount�vAich may ba provided tor in tlts(h�of Trust,seoonQ to paymerrt ot tho ODIigaHons sewred • ,'�: ,�.�
<br /> � . , !, herehy.tNrd,to ihrs�ymem ot junior truet dee�.mortgages�or other Iienfio:d�,and th@ bt�nce.if arry.to the person or p9rsons iega(ly .�` �e�;;��
<br /> .��;' Q�ltled thereto.7fuce�Iroperly ot ar�y part thereof may 08 sotd in ar[e percel.or in sad►paroets.mtnner ot order as Lender in its sole dlsaeSon : ,
<br /> ..,.;i,��� ' may�:act,and one or more exereises ot the pmver herein grantnd sfratl not extlnguisA or exhauastxs�power untess ttfe entire Reporty is setd or _ �
<br /> r�;:' � t1�¢obCgations ete patd in tuU. � �` --
<br /> ,����� ,. Y ..
<br /> �(r.;t)ic� ° 20;TRU�IEE'3 O�RdSE OF POL'IH�OF 81LL@ O!a QF�AULY. Upon detauit Dy Borrowrer tnp�►�mrnt qf any ObligaUons secured hereby.Lsndat ° � �,�:"
<br /> ;,�Xc ' . may dedare afl sums,seaued herebl:+rr.n►ediately dub and payabfa end shall cause to bo fited o4 se�ud a wMmn noNce of detauit end etection to ; `', r, ' —
<br /> "r'r�t`,'� :.' seU the Ptopetty. After the Iapss of sueti Uma as tho�maY ba requlred Ey Iaw tollawing reoord�t�at sueb ootico�f Qetauft.and naUee a1 sate -�.,
<br /> � `;�'�.•- � ';�', havfng been given asttren requlred Cyr taw.Ttuateo.wi�uut demand on C►antor,shall aell8ucil Pta�pmn��,ofther as a wt,��cr in sapatate par�ts,and ' - ;;
<br /> �li�fz�� . ,..�
<br /> in saaA order as it or lander may detertnMB,at puhl'ra auaUOn tv the hi�est 6ldd+tt. T�us�ee msaj�tpone tfie sale 9f a11 or ar►y portton of the �� � t ;��._.-
<br /> ir �Y jr�;��.�,f�' . .F preperty by pyblia annovn�merrt at S�e Umo snd ptuoa of eata,and irom time to Ums thereatt5r msrf�ostpone tha sata by pubne announeemem as ; 5.,�.�
<br /> ( z.�.—,.
<br /> eS��x-1.':� . . tAe fTm9 artd p(ace ftxad by the precad�src3 V�Ponemern.Trus�tse shsll Qeliver to auCh purohpaar ft�doed eomreying the property�at putdon thererol, �<� S� .,.....
<br />_,� e'%'•�;}i,::� , �� so sotd,bu!wUhout arry eavenant or va�canty.express or implisd. Tho�ecitets in such dced o!�v mc�ars of tact or otherwise.sha'}�rs r.�nclusive
<br /> - � �,",�: proo!of tha trutMutness tlreseol.My parson.inotudinn GraMOr.Trustee or lendor.may purohase at sud�sate. .��' �'.� .
<br />_�:i;'.•'�`; ' ' •• ; 21. REQUES4 FOR t(�JCf� ararttor requests that a copy of arty aotieo ot dofauft and 000py o?tny notlae ef sate hereunder be cr.�le�+.�eactt ,.:�a.,:,�a:..
<br />.: :s . :;' . ,. ..` parson who is a parry h�to.at the address of such persfln se2 torth herein at tho earas tima 2nG 3n 4he same manner required aslhoug,�,a sepa.�2 . . .,:
<br />-'�-F.;:.;Ytwia, , . " requost theieat had 6ean fited by eacA such percon. .,
<br />-=, '�;`,.;��; ',� � &�JpfTY INiEREST UNOEA 7HE UNIFOMI COfDMERClI�I.CODE. T1fis Dtsed of Srun ahEll he conatdeted a flnanclng�nt and a ..
<br />-- ..'��.�,�.• . fixtu�fit[�g pursuant to the pravtsions o!9ro UnNorm CommerolaS Ca�(as adopted in tho smao��rihere the Paoperty is tomted)oa�rir.g fixtures.
<br /> , . , �s,end arti�es ot personal properry now ownad er heretNtor at�r�+�!to m ta bs use0 in cancutcdon wlth the Ptoperty together vziti�e arry and all •�
<br /> � reptacementa thereol and addrtlons�hereta(tho'Chattelg7.and Grantar t':erebY 9►aets tendmr a=eeuf�ty interes!In suctr Chatteta 7to Qebmr ta tha
<br /> 'f (iranmr described above. TAe seared party ls tho Lendar deseribed alsove. Up on demand,Qazrstor shall maka,execute and deiiver sud�secuflry :, ,,
<br /> �-�+ �, � ��-�� agteemaMS(as sucfi to►m 1s Qeflned in said Unitorm GornmerN210oda)ae Lendar atanydnlo me�/deem necessaiy or pmper or required to grantta � �
<br /> `_' �• � Lender apeRectea secudtll interest In the Cfialtuts,and upan Qrantor�i�;.tire w do so.Lendor is a��ttforized to etgn any suah agreoment as the agent. � � • • - ��'��•�.'�
<br /> ..v,; � - � . � ..j�� ;,:. ,.�r�_..f,',r._._.
<br /> �7�a.; .• . � •.S tho(fi��t9��anyrtlmebwilhout�thos��atuoott3rar�tor.�Qarieor.�v-���i,^hcfir�ever.atany►U aeuponro�:ecloil�nCer�.r�gns�uahfl anc�stat�emo tn. ?�;1:�`;��1.{`,`f;1��Y'���j
<br /> _— ararttor x111 pay atl tiing tees far the fi:r�of suoh fin�nting atatemer�r,s�C tor the ratiling ttre�Ct sttL�e tlmes�Aquirud.in tho op:nS:.n�rsr lender,by ` ,���:�+��;..�"'-' ,
<br />- . sald UnHorm Cammarcief Code. H tha Can of tnis D3ed of Truct ta s��l�t to arry eecufiry agrommam ccvoAng tho CAatmts,t�en Irt�f^o¢vertt ot erry .:.���1 �.•...' .,�,
<br /> defauft under tAts Oued of Trust,all fhe dgM,tiN3 and Intered ot Grartmr in and Lo any and atl of tns Ct�attDts ls hareby ssslgned to�der.tcgether .
<br /> , wflh the benef;t af arry deposite or paymorrtrs now or herouRor made thoreM by Qret�rr or tt�predeoessow or euaoessora in titte a!6tantor In the . �
<br /> .•
<br /> - . Propetty.
<br /> " • _ ?3.RE1d1BUW3EtltENT OF Atd031NYS�CHk1rD L�Y LEIHOER- LertQer,at tendePa opticn,may expand tunds pnrtuding attome�,�s'fues and legal ','• ��-�`;.�
<br /> e�n�a)to psAorm any scf roquirod to be tBRen hy(3rarrtor ar to ernrelse atry dgM or�emedy o!t�r�rlar unGer this Deed af Tn�tt. UFan demand, .�;��'�
<br /> ` ` GrpntoQ�al!immodiaCery�eimbu�so tsnder ior a116uch amourrts�a�r•ded bY L,ender togethQr vut�i^:erest ihereon at the lower ot u�nighest rate �'�:':'�
<br /> �^,,,� ,
<br /> - � • d e s er,4aa in a r ry Obt1gatlon or tAo higne�t rete altakoA by Iaw irom�e date of payment un5�tt:e Cate of reimbwsoment. These�ms shall be �•���"���,:-.� .�
<br /> - • � ' ineiuded in the defini�on of ObBgadons hereln and�.'�u'ba s�surcd by the benefidal interest granted herein. B the Obligations ere Fal d a ftes t he
<br /> - � beginning of publica�on a!notke ot sate,as�o:fli:f provl4ad,or in the eveM Lender shall,at its sole op�on,permit Grantot to pay any part ot tAe . _ .
<br /> = OtitigaUans after the heginNng of publlcaUOn of noticm of sace,as herein provlQed,then.Grantor shall pay on demand all expenses incurred by the , . .
<br /> � TNStee and Lenda�in connecHOn wrth said pubi?catttr�.indudirtg reasonabio attomeys'tees to th�attomeys for tha Trustee and tor the Lsnder,and a
<br /> �' � � reasonabte fee to the Trustee,and this Deed of Trus�sha�l L�a seeurity far atl such expenses an4 faes. � � ,
<br /> - � ' ' � • 2A. APPi[CATIOfJ OF PAYtAEHTS� A�I paymoM�mtvlo by or on OahaH ot titantor may b9 applieda�1 r►st the emourds patd by Ler.der pnduding � .
<br /> _� . attomeys'tee9 and tegal expenses)in connectlon with tha exerc�se of its AgAb or remetllos descri�d Tn this OQed of Trust and then to the payment _�
<br /> -_ . � � of 1Re remalning Qbtigatians in whateverorder lsnder chaosas.
<br /> � � � 2S, POYJER OF ATTORIVEY. Grantor Aereby appairtts Lender as it�atmmey�indaet to endorse Grantor's namo on atl instrumems and other . •
<br /> documents perfaintng to Ute ODitgffiions ar Gaed o1 Trust ►n e�ddition,Lander shall De eMitled,but not required.tn perfortn any aCUon or execute any �
<br /> � document tepuired�o be taken o►ezecrotctdpy Grantar under Mis Oeed of Truct. I.�ndar's peAartnunce o}such acllon or exeeution o1 such . ,
<br /> • doeumenb shaU not relteve Grantor irom arry Oblig�tion or curo a�y Eefautt under�his Orad of Trust Ail povrers of attomey described in this Oeed of .
<br /> " Tn,st aro coupied with an interest and are irtevacaDto.
<br /> ;,, . .
<br /> y ,. ..
<br /> _____..-.._ ..._.__.__ __ • q � C e.
<br /> .,. - . 28. Sif3'ti attAilC�i 0. LEl.Drtt. Lcs��L�e.a�tegal�l in tlio tighb af the holder o�ar+y previoua uen:soeurity ir�mrest or enceimbrance --_-------
<br /> ' ' . . Eiseharged viM tund9 edvat�Ced bylonder regardles9 of v�hEtfhCt thos0 liens,securiry iMerests or other encumhranoB9 have�een releesed of record.
<br /> •:.; ' , • . �CaE9»C F Fom�0.tenTeMno:oyE7.�nC.1f�/9:96!ISOC1fl07J789 Page3o�� i '
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