|
5 r'�
<br /> '. .' • ,y .'
<br /> _ . _.._..r._. _ . . �, .. . -- _. . . . ' • • ' ' �• � y---•�.< <
<br /> . �''
<br /> � .
<br /> - ' 19. f.�10�R'S HIGHT TO CQ3�iCE OA Q�Et�lD LEG6►�.ACTIO�IS. QraMat shaD�ety�ov�Len�er with written notiee ot any actual or � .
<br /> wea�ned aa[on.�i�.or otlrer prawec6n9 afteatng the P►apenU. Gr�tor rte�aby appaims lBnd,.'e as its attomoy-irrtact ta oomrenee.irrtenrene in.and , .
<br /> . � �tend sud��etlons.suits.or otAer tegal Prooeedn and to mrrp�rtise a seRle arty claim ar oot�troversy rtalning�ereto. Lender shall no7 be liable to F•
<br /> . Grd.rtor d har�n�errom Len�r iram 1akfi9 ths setlonps�d N tt��P��in its own narr�►, or enfr damaBes res��9 thewhosn IVoihtnB � .
<br /> . ooni2bte � �
<br /> . tA �1D�CAT[ON.Liandar shaA nnt essur�e or lsnde�r v'+�V�wt�ten na�oe otrm aee o���Of�Oaitrta�Y��'�tioa��a���tos�smofGoars. � , � .
<br /> an y drau+stanoes. tira�tor shalt Lrrt�ediffieN Provida ��g(in�tHng aitarneys'tees artd t e g a l e x p e n s e s).�auses of aeflon.actiana suits and ,: .
<br /> ' ertployees artd a�rrts Narrtte�iram atl dai�s.�s. ; .
<br /> ather le�l�ooeaeSn9s(arre�►�8N'Ctai�7 to the PmP'�nY M��ng,�t not(irtdted to.thoso irnoNirtg Harardous Matedals).GrarRor.�on
<br /> � ihe mqaest af lor�der.snan hUs tegal munsel to�tend finm sueA Clearm.and pay tAe atmmeys'tees.1e�1 e�ensas and ather oosts ine�ured in � i .
<br /> `• mmeeUon thsrewrth. la ths aft�narive.Les�t��Mve the tert�ton,retease o�t tare�asuet ot this Oesd of Tnui at(3rantats mst. Cirant�'s � t
<br /> � ; offiS�n to tndarm�Lender wider this paragraph �. .
<br /> 16� TAXE;2 A1�i0 61SSESg6'lBiFS.Granto►s�rafl pay aU taxes end assessnetrts relating to Ptoperiy when dus and irtrredmtety prwide lencfer evldenoa � . r�
<br /> -� - ` of ot same. !�+d�$�►est of Lender,Granmr shall deAcsil vtith Lender eaeh maMh ane-tweiflh(tn2)ot�e e ��ed���� �,� - - - .
<br /> p��taxes artd as:es^�rrts pe�8 to the Property. So long es there is no�i�h.these amoemts shaU bB�p6ed . .
<br /> ��errts and m�uatioe as ceqiilted on 9ie Properry. tn the event ot detatGl.Lender shaD have the d�t.at its saSe opdon.to apply ths ds so hetd to 1.�
<br /> PaY�Y tawes ar againsl the Obfi�s. Ar►Y tunds a�p6ed maY.at t�ndaPs opGOn,be app!'ced(n raverse order of the�e date thereot .`
<br /> �.
<br /> t& INSPbCT[O1N GF PF{OPEA7Y.B�Qi(S.R6COAGS AND RFPQATS. Granmr�sh�l���wre to tun�e- Ci�antor shall�dprovIde Y aulstance �'
<br /> an�e.ir�sPeet and rtOlaa coptes of faYanWls books and ieoocds Perta3Nn9 P�► �,.,,,�ra and G : . ' `
<br /> by 6acider tar Mese pur�a�s- AO o!tha s[�res and infom�ation mrtiained In Ciwrttar's trnol�s and reoords�afi be genuine,trus.
<br /> �p�fn aD tespecta CirarGor sMaD nate the e�dstence of Len�ers beneftdaf irterest tn i�bocks�d recocds pertalning to tha P�oenfi- AdmtianaDy. [: :.
<br /> Cirantot shaD reAort.in a form�ory w i�nder.s u c h i�n n e s L e n d e r rt e S 1�N e���m9�rs fa�anraa!oondniam or the Fraserry- The s ; `4 .
<br /> . ' i irdamation shaU ba far 9t�r to I�nder sMatl 6a tnte�ac�rate ert0�e�tn a11 respecLs.an�ed byr�aantar�I.�enQe cequests. ���a. WI ' ' •..
<br /> intamratton fiur�ed by �
<br /> •,� �`.,�.;
<br /> . � t7. ES?OPAEI.CEHlii{CA7ES.Within ten(10)�iys after arryt�est by Lender.Grar�tor�a0 deliver to Ler�der,or arry irrter►dedtransleieB of Lender's �F `` -
<br /> ' ' d�As y�itlry respeet to die Ob�'.�iarts.a si�►ed and admcxrladged st�emerrt sPeeiMt�(a)U�e au�dm9 6alanee on the ObL�tions,and(b)whelher
<br /> .:r,_.`_
<br /> •` � Granmr Posse�s anll d�s.c�fcnses.set-0ffs or aoimtetdaims wi9�respect to the Om6gaDons�d.if sa.ihe natiae af such ct�rrs.detenses.seFotts m .
<br /> ' ,j co�nter�tatrts. C�asaar w�6s ocnd�inely dowd b1l a►►Y re�esemabon Urat Len�r rt�!malm m the iaoended nara[eree witn respea to tt�ese matters tn .. '.
<br /> , i ihe event Urd1 Gwnmr taTs to P��the tequested staterterri in a�rrery asnner. ' y ' '�;�''..��
<br /> . . . i . � ' . 15..
<br /> . � ta O�AULT.Cirantor straII l�tn detauit under thts Oeed af Tnut and me Tnute�'s pvuer�aB bemrte oper�ive in ths evern rtrdt t3rarttar.Bortoweror ., . . .
<br /> •. � enY�ararROr otfie ObNgat�cns - .��-,-
<br /> • . i (a)faiis to pay an1►061i8ation ro Le odr 6reaches arry watrantY ar cavenant to lPn�r cortaQred in tfis Deed af Tn�st or arry offier preseirt or hRUre . , .
<br /> (b) raus to perrcr►n any olNigatic -..,.. ;`
<br /> , • 1 ��� In mazerlai tespecl ar su6jects tt►a Proparry to seinue.wN'�a1c�.ar candermallon: � .;._� :::
<br /> i (c)desGays.loses w darreges thg ProPenq a� to Len�r. J v i
<br /> . ;:; (�seetcs�o reuaf�.teminate or oUieMBse Gmit rts Oa6ffi2Y�enY�uaranry r t a H i e 6 eneffi at aedtms.ta�s to pay _ - '.�:�,;�::;.
<br /> . � � ce) �S.beeerres►e�yr tnmr�e m.�s a t s s o c v e d a r t�m ti m m a.h e a o.r r e s i�s o t v w n.m a k e s a n a s s i�u�e r� :.
<br /> bea
<br /> a�ms as ma�►���e.files a petflion under�e[ederal I�a3wp0�y lav�s.has an imrolurttary Aet�ion tn haniwPt�7►fiied in veI-;�Grantar.Borrativer
<br /> � oranlf�►isnart�ed.orhes�operrytakenimder�ry�zrii:arpreoessofoau� .. :;j �.
<br /> . , ' �t� ap�ars�s to be used.iransported or stared on�e Fra,xstyr.Ure possession,uat�ponara:z,or use of whid�.is�teSaf: _ .
<br /> . �� (9?aCswsa.�Y�arty othe►than Ciwr+tor or Borratver to assture or�mdert2ke 2rry 4bG�11on wi0�ou�the written cansarn oi Lender,ar < ,.: '.:
<br /> '�� ��6ie�of paymerrt o�t IPeAom�an�is�im�ired- �tA dee6ne in tt�.� +�of the P�oDartY:or if Len�r.in gaod tai@4 for acry reasa�.�ras : _. .
<br /> f '• ', � �
<br /> �.;•^.s ;,
<br /> jg� �Q}Rg p�F�ipER�t��ULT. If tltere is a detault urtdei thfs Qeed of Tn�st,Lender strafi be entlled to exerdse ona ar r Wrs of 11�a%�t°arin8 �s . _ .
<br /> ° temedtesviRtmu*neticeo�det:ra�(exeePlBStequiredbylaw): '`'
<br /> l�'- •.
<br /> ' (a}to d�d�t2.L�e Obliptiorts irmr�atety fia�md PaYat�e in fuil: �,s t
<br /> �. (b)to ad'�:the outstan�ne OEfigetlons u+�h a=rrG.hout resaniR9to N��R���� �,?.y� ^�,
<br /> (c) to req+cce Qrantor to deGver and mak�:�r�te to Le:rder ar►Y Persanal P�Pertl►or Ct�attats canstidfi:r�fhe Propartf►et a 01a�e r�s'�lY , . ' -
<br /> c�nveNent to Gramm and Lendar. :''!� :.�-:;
<br />_ (c� to e�er upot�end talaa possesslnn of ihe Property w� r�ht�ng for or obtaintng the a�olrttmem of a receiver and��:�defs c�tlon.to • .,. .'_
<br /> �u a reoelver without bond.without ftrst 6dngfng suit a:6�e QbIlgattons and wiihout otherwlse meeting any staMory�dtior►s�armng .. ._ tr
<br /> � r�oeVe�,,it tzing IrQendedthat Lender shail have this w n tr a e t u a l ri�ri to a p p o l m a ceceiver, . :z��,r�_-
<br /> .. � . (e)ta mirtG��t.�''�9�B e�m af the Property and let 1he sarre.either in'tn�ee's aum narte.in the name ot Len�r a�a e narte�on�acon�rn of . •
<br /> , _;�'
<br />. •• ,, reeeiva��:su.inoomss.tssues and{safits of the Pmperry and ap�y ffie sicr�:�:er paymertl ot eU neaessary ehar8es �e
<br /> � • the O�1cr�.
<br />='�;, � (�w pay any surro in am,�fr�m rn manner daemed e�ert iry Lender t���a�u+1g•d this Daed ot T�ust or to a�re arry defautt other Uran -, .
<br />_ prayment at artetesl or ptin�ipat an the 0511gaifons: . . �`r`�.
<br /> � .' =, t9)t��e this Oeed ot Tms1 ju�daM cr nonpuffdady and to�red th�:�cf 1he praR'�y d�u�e exerdse ot the povrer ot sate as refewmQd in � i, ..
<br /> �� . • ,...,'.:; ��;t,eroof in a0000tdancewflh�u�Dio taw: • ,f��",,'.:•,
<br /> ; .�;, S .: (h)to�rc�'��tots Obftgattons flgainst�Y emaunts owed G�ta yY f�tn�r(nduding,but no1 lirt(�ta.moNes.instnunents.and d�st � .. �;��$•�:{t•,
<br /> axaur."�rr�li7,a�ed wftA Lender or arry amenllY exisUng or fuwre atfitiate at Lender,and +�¢,'�r
<br /> ;�to exeraso afl ofier d�rts avalta��to Lender undsr arry otherw�itten a�eerr�m or ap�mhle law. , . •..
<br /> � � Ue,�..,��tera A�a are�t�e�d may bs exerGsed toBether,separatety,and in eny order. In ihe evem that L�ender fis�iMes an acllon seetdng 8�e , ;
<br /> ,. .. • rUeeavery o�artyr ot the Proparty b y way o!a Dralu����Y in an aetlon agafist C�rantor.CUamot wetves the�th�9 ot any bo�whleh mit�t , -
<br /> � ` otho�rise be ceg�Ued. Lsn d ar ar t sn d e rs d ast g n e0 ma y Durchase the ProDaRll�arry seie• Proceeds ot arry Trustee s sale hereundar shatl be applTed
<br /> � ' ' ` flls1.to the ac�and e nses ot axerds(ng thepawer ot sale snd of tha aale.In d u�ng the PaYme�ns�seaired hereby.thir�ie payrr�►n d�iu�lo►
<br /> ' ` exoeed the acn�:r�wh��rtaY ba Provld�d tor in this Deed of Trust,seoond to paY►nem of the Ob(i .. . �
<br /> ,. . t ���e�.�ges.or other Uenho!ders.and the baianae.it arry.to ihe parson o►persons legalty emilled thereto. ThepropeAy or arry part th�d may .
<br /> - ���in ona p�cel,ar in s�paroets,marmer or arder as Lender In fts sole�saetton may elect,an�one or more exerdses o1 tAe povrer herein�r.ted
<br />'`,;� '� sha0 nal exQngulsh or e�fia�r U;e power un tess t h e e m i r e P m D 9 rt f►I�sotd or the ob(i g a t lons are paid in fuli. _.
<br /> . 5, .
<br /> �� ?�1Rp�TEg°S Q�RCISE 0F P01'VER OF SC►lE Oq DEFAULT: If Lender elacta ro setl Grarrtors irrterest in the Propeny by exerdse of t�e prnver of . .
<br /> s sale heretr►earrtaUsed.lsnde►shaU notify Tru�tee ir,the manner then re�uired by iaau.
<br /> •��i �. Upon reoe1F1 ot such nmice of Lender and ai 4�-dirrestion at Lender.Trustc-e�;di�uso to be recorded.putlisr»�and Qe('iv�oted such noUcgs cf Ct�t�dt ,
<br /> e
<br />'•f '� and rmtices ot sata as may tnen ba requUad trj fatv and by this Deed�Tr,lct Tr.:iatae sha11,onty a1 the mteeUon ot tender and wtthcul damanQ an Gr^tar, .
<br /> °: aftarr su�t�mt►es may then bs r��itad bY Iaw and after reeord�a►d�h��t deTauH and after nallaa ot sale having bsen gt�er:ns reqctred 4sy law. 4
<br />:�t�„ ' se9 the PropsAY at tho ttrre end p1�iCe ot safa flxod by it In sucti r.�fcr3 cf s�e.mss^er se whote or in separede lots ar�aroets ar items as Lender shaD deem
<br /> e .and L�sucA order as it may dstemdne.at pu6(ta sucean to 4�e hi�e�.4i�et br easfi in I�rviul monay of tha United States pavaete at�+e'im�ot � .
<br /> ,or as othsnvts�may 1►ien be�red tN Iaw. TNSme shaD deliver to�:cr�rdias+�r or purchasms thereol fts gaod and sutflQem deed r.•3egds
<br /> , eonveyfng thep�p arry so sold.bu1 wid►o�1 eny crn'enant or wartanty.e�reas�cr imp'k�d. TteO recitals in sueh deed of�rt�at��0 taT��� t ..
<br /> eonctusNe preot o!ihe truthiutnass thereof. Mype�sort.inetumng.wlthout limits�n.Qrantot.Truates or l.ender.maY P�r�ase � •
<br /> in 8fe mannar prou:ded by Iaw postpone sals of a�1 m anY P�Non of ihe PropeAy. i
<br /> . ., 21. pEqUEST FOA HOitCE8:Gtantar repuests that a wpy of arry noUce of deTa�dt and a oopq of any notioe ot sala harew�fer be nailed to ead�person � '
<br /> i who la a party Aereto at the a�ress of sud�person set forth herein a1 the same tima and in tha sart�s manner requUed as thaugfi a separaie►e�est }
<br /> lhereof had 6een fibd by each such persan. i �
<br /> i
<br /> . i
<br /> . � �.' . . �
<br /> �
<br /> '
<br /> . E
<br /> . f • .
<br /> ,. -- -� aaQasas �� � . _
<br /> NEDOTC Reu.398 .
<br />_-.1�: _ . .. .. ... . . ... . . ._ �� . . .. . .•.��re,�.�i.-.,.a.,t�z��:H:.r-.T�'xfVYr.;?N:�6"A'Ir�ltmllA+AZ° '_,
<br />
|