|
-t-i z�.�:.
<br /> '==-,--=, � � -— -- - — �
<br /> . - }_l . . . - - - _ -
<br /> . . � . . ,.. . ;:;:::.
<br /> ' ' � . . �. . F , .. -_ . , . -
<br />- ` ` ,- '<; . . � , • . . . • ��-,,
<br /> i . .. . . �, �- i ..���
<br /> . � . LEt;AL ACT10N3. CirarRar shaU imme�ateh►p��Lender with wntten natioe ot atry e�ua!ar ,, -_
<br /> ` i 19. LfStDEB�8IG}IT TO C�� ���sB� ���• �{��hewby appoUtts Lend�r as rcs aaomeyan-faq to wmr�enw.Unerveno in.and :
<br /> , . ' thraaQened action.suit,ar ather proaaed�n9 �d to�omisa or setlle any daf�a oonuoversl►Pa��^g�O. Lender sAaall not be IiaMe to c :.
<br /> _ � � � sn � . �
<br /> detertd such actibna s�rits.ot othsr legai Prao�� ,,,;,,rte to t4�e aGtcrts desamed tn dds P�H�Ph or any da�ag�s resui�ing t�eretrom Nothing
<br /> Cirantor for any►acdfln.eRar.�.orNssian or�Y�O•—•- N f[s owm n�re•
<br /> � ���d ryeratn wq!preverrt Lendat hom taldng the aaflons dssa�ad fr�th.�a para�aph� i .
<br /> for ihe Psdomsanoe otarry at t3rarttars ohOga4ons witA resqet to Q�e ProDariY undsr ; :
<br /> � � t4. INDB�I�CA?IOtZ Lendsr shall no1 assurtte c�r lendet�witl�wr(2tan nolico of�d IndanNty and hcld Let►dar and its shateholdors.�reotora.�cera. �
<br /> s �y�p�st�toea Cirarrtor snaA imre�ateb Prm� p�yNgs Mdu�9 gtppm0y8 tees and tega!e�enses?.eauses oi gcflcn.acllana suits and � . ,
<br /> , � err�$aYees and a�ts�etrom all da4m.�o the Propc�rty C��9��nat itrtdted to.tRose imolvUi9 Hazardous dan�othner oo��� ° �
<br /> � ,Z otRer legal�aoe�nS� Claims'Pe�°B .
<br /> • ��� t��uest nf tender.shali ttire te�t eourtsel to detend Landertrom sueh Ctahm.and PaY�a eatome�nd i�Cia��Grazrtors cost- Grar�tofs �
<br /> errqioy Bs awn t�i aauosel
<br /> wnnedlon 4�ece�vdh. In the altemanve.Lender��the teminaSon.retease or t�uedo�ne ot Uds Qasd af Tnut. �
<br /> � al�'igatlon to in�h►�der unde►this para� ,
<br /> Otartor shsil�y a�taxes and assessrt�ents reianrt9 to ProPenll when dus and imne�atehr P�de Lender evidence { ��
<br /> � ---- --- 18.TQXES A1�1D ASSESSldEi�ITS. ot Len�i.arantor shafl�s�d vYM lender eash rrorrth onsfir�elfth(1/12)of ihe esumated annual U�surance � ��
<br /> ot paymeN of sama- Upon Qu3 re�u�� . to�e Ptuperiy. So tortg as there is no deiauU.these artourrts shatl tre ap�ed to the e���h� � C
<br /> prem[urt�taxes and assessrtertts Pe�n�ng In ths everrt of detau�.Lendsr sha0 have ihe ri�n,ai its sols optian,w apply t • _
<br /> � : essessmerrts and ins�nance as�e�ired on ihe Fmpetif►• d ���rs optian.����in reuer�.�e ordar of ihe dua date thereof. � �
<br /> ' �yY ar►Y t a z e s o t a�i n s t U►e C b S'i g a ti ans. An y tunds applie t�aY. . ..
<br /> 18.(U I S P E C fl ON OF PROPEAN.BOQPCS.f!ElC�AD3 A[+iD REPOR'fS�Grantoi sAaD aAaw����o t�es f3r�t�c s paa�rl��1►� ` _ . .
<br /> and rtat�co�es oi Grantofs 600ks end raecrda��the Pm P a n Y
<br /> and exsndne.ins� �, ptf of ihe ai�raduas and��in�s baoks and ceoords�aU he gsnume.true,��d ; . _.
<br /> c e q w r g d by Lender(or these piapose to ffie Property � •
<br /> .. oortplete in s!I respec�. �s h a ll n a t e�h e e x t s t e n o e of LendaYs 6enefici�irterest in its hooks and���n d Non or the Fr�rt71•71ie l
<br /> Ciranmr shaU repoA.fi a imm s��Y to Len�r.such 6�fomat�n as Lsndsr may�es� 6�°9 , as Lsndar maf►d�t�e• � . `�' .
<br /> ' � (rdortreUon shaD be tor�r t o�L e n d e r s h a D�a+�arat�d aac�l�a0�"P��•�d���bY��antor�if L.ender cequesls• � . _ ,
<br />_ � � intamatlon tim�ished bY E -. ` :..-: - -
<br /> ., CA?ES.Within ten l�a)�YS after mry requesl bl►Lender.firantor sha0�Rver w lander.or any ir�tended transf��b)wAe�iher i< ::. "
<br /> '-'� . � ��p�c�9�ie 06Ggatians.a sT�ed and arlmowtedgedwi���9(81•°�and.t rf s�o tl�e�nanue of su�d��cL=fenses.satofts ar , �,_�
<br /> - _ , ��p�se�s any daims,detenses.set-oRs or courrterdaims to the obUgau to mese rtffiters in
<br /> caomterdauns. tirantar w�ha cortdus[velY baund bY�!I��?�on ttmt Lsndsr rta7l ma�m m�te hrtendad transferee with respea : 'i. :; .
<br /> : the event Utat Grantor ta7s m provide itte re�esDed�ecr�ni in a t�msly maru�ei
<br />-� '<. in the evem that Grarrtor.Borrawer o► ;. .;. .
<br /> :'`.. -'.:�•"' � - 1a O�Atb�T.Grantor shaU be fn detwH und4r 4ds lTefid cf Tnxst and U�e Tnutees�vret shaU becoma cpetative `'F " �"y:._-•:�
<br /> i,_ �:,:.•:.. atill gi�atat�rar af the ObdBaUons: . .. ,
<br /> � : - (a)fa'st4 pay enY O h Q B a d i on t o L e rt d�+a"•�r►d u e' r A ar tunae ��,����;, _ -.
<br /> � ��eg ar�y o�carrty or oovenant to Lertder oornalned fi t h i s Oe e d o f T r w l o r a�l o t h e r�e s e d:�,: :% � �,-
<br /> , �,` _ .
<br /> ':,. . ._"`, (b) fa7s to per(ortn arry 0��� � '�,•:�`: :,
<br /> fie Property in an31 r c�'i a i r e�e�o r s u b;e e t s i h a P r o p e A y to seinue.eonfissation.or oondem�atlon: j. �: � • . , .:,.,.�
<br /> >- . . ���s�tro�ys,tases or dama9es to Lendsr. ..... �c���
<br />`>' • (�ss�+ks to tevoke.�mdnate or othervvise Grrit ds Ga6�yr urt�r arqf�tY . °f�,'�'��;..�.
<br /> tA for the benefrl ot aedrtars.la7s lo Va]► •
<br /> inoo is�ssotved ot tertntnated.be�crtes insolvant.r►aiws an assiBmre �tn wtilah Gr�.Bortower `,'
<br />'� s. �• � �e��t�y�b e o o�.r�l e s��m d a r m e reaera�banlanat�7►lav+s,rias an unroturrtary aeti�iT'�11 �. _
<br /> .r,•' � ' of murt: ' . :..�;... .•;.
<br /> . .�...:: . �
<br /> ' or ar►y�uaranto*is nartred.or has P�PahSl talaan w�der anyr vtrt a P��
<br /> _ (� allows g�oo�to be used.transported or soored on the P�apeAY.Ura Cossession.trar►=�ortatlon.or u�af whteh.is ille�l: .. ;�_ :
<br /> (g)aUaws anY R�M a�`car than Eirartaror Borrower��or nr►ch�w anl►�b��^withcut���n���d faith.toi�any reason.6e�.'es _? �:,. '.
<br /> ,',,� � �Ute psospect o1�YmerA or pet[csemnoB is i�rt�ar�9.��ded'utB in the value af LMs Pr"speAf: �T .
<br /> .�' c�r sta'; �"tled m exerdse one or more ot tho fa�awb�g •.,;.. •'+
<br /> � ::,:' 19� 1.@fOSi CTl OffAll�.t�:.•�tera is a detaull undsr iks�ofi Trust.L� � ;i�•'�,ti�j '; ,`,•`+
<br /> _ ,:� . ' remedtes withaut nWce ar Qenan (ex�� . .',3 s rf� _ . �
<br /> �'t'�� Rlti}Ii5t7F d �y�(redbylaw): ��,�;,x�r�, :•.���
<br /> aa , :�. '
<br /> ;� �r<<, �
<br /> ";. . (a)w da�arathe 0�llgaUona��eN�and payat�e in t�Al: � �
<br /> ; •.'��g rr:�ar.�,�
<br /> , ' (b)tocoQedtheoul.�^tar�d'in901�t�tortswhhaiwfUwultesoRingtoptdtdatpno��Oess: or Chatte's constituUng the Property at a p'�reasona6iy , ��r :
<br /> � • - • (e) to recpuire Q�t°r 4o dal(ver and rreka available to Lender ar►yr pe►so D�P�Y ,,.T
<br /> , ' • aomrerdesnto Grantor artd Lender: � . '. � �::
<br /> (d) to ertar upon and taice possesstan ot tha Praperry wtthout eg�}Ang(ot or ohtaUdnB tha appobYttrtmm ot a recalver and. cart�iars��regaz�n9 . .,';.,�
<br /> aapotm a reeeiver wtlho�n bond wi�houl first brtn��8 s�n on the Ohll�tions arM whhcut othenvise mee�lrtg an1►stawtary °�`:•Y
<br /> .;;�.�__. ._. reoelvers.itbe(nglMmt�editt�lende►shailhavelhlsootlUaclualri�Atoe�pO'•tAareoeiver, _ � �
<br /> - (e)to ertplay a rt�9�ot 4ie Properly and tef the sarre.eflher in Trusoa�s own narre.in the rc�m ot Ler►�r er in the nama af(3rarnm.and , ,;..},.,.,
<br /> � �eceivs the rertts.iirr.�rrs.issues and proflts ot 1ha Proporry and apply the rrt��.aftet PaYmo�A of e0 neoessary ehar��d e�enses.on aaoourn ot
<br /> _��y . . •,••
<br /> ���.'� ., �IB���: :.:. . . .
<br /> _ ,` ..,�;. r» Len�r to Proteet ihe se�itY ot this Oeed oi T►usi ar to aire anY d:�h other than :
<br />::;:`'`--,°.:';;"� .' tQ�DaY�U SuTS L�ar►Y brtn et r.rrzrn-er deemed e�edie bY � ', -_
<br /> . . , :
<br /> '+;i.'�:'`.�••.' paymamotlntecestarFr7�dPalan*!raC�itgatior�: ; ��: .
<br /> f91 to toredose this Qc-�d ot Trusi g�danY or nonju�daUyt and to direA the sala of tne preperiy►throu�axerdse of the power ot s�+�+tt�noed fi ; �:S��..� .
<br /> :'.,:;� ',l.�.. \'.�:
<br /> paragtapti 20 heteof in s0000rdance wilh ap�eable law: -
<br />, � �h�ma r aU�sdwlthLen��or�any�amem�lye�sUngo fultueaffiliffieof Lender,andu��but no1 Rmited to.mor�es.insinur��r.s.and deposil •
<br /> avaitabte ta LenQer imQer airy other vrtitteo e�eemant c►appicebl0 ia'u. . .
<br />. . (�to ex�cdse all other d�ts e and U any ord�sr. In the evem thaA Lender institutes an aqion seetdng ths ,
<br /> . . . Len�fs d�ts ere auMative and may be exer�dsed togeUrer.separst ty fitantor walves the posting o1 any bond which rtd� ... :
<br /> - , . - �v�ry o�any of the ProyeAy by waY of a pre�dSmem remsd7►in 2�aetlon against Qrantor. • .
<br /> ,. ' . athenvlse be re�lred lender ot�enders d9sigr►ee maY�hase ttt0 Pmpetry at enY sale. Froweds ct arty Tntstees sale heteunder ShaA be applf�d .
<br /> '�',.r�. • fas1.to Qie eosts�4 e�e nses ot euetd�ng Uiepowee of sate and at ths sale.indu�ng lhe DaYtrorA of Uia TrusOsa's fr�s aelua�y inwrted and;�eltcr
<br /> 6e ded for in ttils�d ot Tn�sl.seoond.to paym�erA of ttto Obil�tlons sewted her�CgF..thhd�w the�yma �ee�ctay
<br /> - exeeed tha srtmm�whieh�y D� omiVed thsreto. The G�P�fI o��Y P��� ' ,
<br /> •' � wsl d�.�n9��or other ReNatders.and the F.�m'��o.U sny.to the person or rsons►e8ally
<br /> 0
<br /> '.s...i. . ba so�d tn cne parwi.or in sud�patwts.��er or or3��landeis sot�d or�ihe o��ans�are�paldn�u9.�ar more exerdses ot the powsr herein�artod ..
<br /> .: �..}. ` shail na���sh ar e�fiaust the porEr�rr�essthe er�r¢9ropariY so d
<br /> exeteise aF the Pctve►cf
<br /> 20L TRUSTEES�.�x shail�4��e���irFSV.�er�then� Irequhed by Imreta to se0 Cirantofs Urt3rest in iho PropeAY bY •. .
<br /> .. ' � sa[e hereln eotrtair�' ..
<br /> ' i.:4 ����j of salB�as rrs�'f U�en ��ed bY�+�bY th si Oer d of Trust. Tr�ustee shallt onty��on of L�ends enid w'�tthout derrtar�d on�tirantor,
<br /> ,�� an4 nafl �y����r reoordation of�rrh nadee of dalauN and r�ter n�w of sate having besn given as rr-qe:ired bl►la�'�. �
<br /> :;.��' �tar sue9��rre ea maY then be�tiY �r . .
<br /> ���._. sell the PiroAe�at ihe�irre and pt�ce ct aaie flxed by it in sud�notics cf snSe.either as wha�e or in sep lots or paroals or ftert�as Lcrt�ei shall deem • .
<br /> '.'� e�i erA.and n wi�or�r as h rtra/determne.af p�II�lic auetion to the h�ghasl htddsr tor rash in IavAut rrr.�neY ot tAe Untted States pa�/��thetur�e of
<br />._ ; '�� saie or as otherwlse maY 11►en 6e re�ireA tr�law. Trustee shall deli�rer to sud►purd�aser or p�achasers 4iereol its good and suHicsent deed or dee�
<br /> - � � oomrsyAng t h a�ope n Y so sotA.but v�itfiout any eavc�nant or wa►ra►rtY.expross a IrtpAnd fie redtals in sueh deed of anY�ch�sate. Trustee r�y
<br /> oonetushre ptool of the lnnhfuiness thereot My perscn.fidud�ng.v�ithoul Q m i t a Uon.Qrarttor.TrusSee or Lend�r,may pur�ase
<br /> :��: . • fn tha manner pra�Aded bY(aw Post�rto sate af all or ar►yr PorUcn oHtis Proparty.
<br /> �;:.� .
<br /> E�`,..• Zf. REpUE9T FOA NOT[CES:Grarrtorre�ests that a oopy ot any noUoe o!dehauh end a oopy of sr.#r�ee of safe hereund3r be mailad to eaeh person
<br /> ' xfio is o parN hereto af the addresa ot such persan s81 forth herein ef the sartE�thno 8nd in iha sarr�rt�^3r requlred as though a separate requesl .
<br /> .. : 8�aroot had 6een fited bY each suoh psrson. � . .
<br /> ,�,� .
<br /> ,� `.i ! � •
<br /> • _ � ,
<br /> �',,. .
<br /> `—` •----, - --. '' i�"'` � f . . -- - - -
<br /> i o�g3o18 ---�
<br /> .� NEDOTC Mu.398 ' . .
<br /> ,
<br /> � _
<br /> ,y .
<br /> �� . -._..__.
<br /> ;�f- .. ..��. .,�..
<br />
|