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<br /> � SECURITY INTEREST Ui'SOER THE t{I�9ttfORlA COG81°..�RClA!CCDE This Deed of Trt�s►sha!!be eansldered and Ce eHaetive as a finanaag ' , , - - --
<br /> � statemerrt and a fixWre fiGng pursuam to ihe provisions ot the Unibrtn Cortmerdai Code(as adopted in the sC�e where the real properry is located� � !. • ,
<br /> • � oovedng It�mires,dratte(s,and artidss of personal property now axmed or hereafler athached to or to be used in connerxton with the Properry together with '�
<br /> � arryr and aU replaoemems thereof and addfions thereto(the'Chattels"l.and(irantor hereby�arrts Lender a sswrityr mterest in such Chattels The debtor is .
<br /> the Grant�r�saibed abova This Oeed of Trust w�U he et[ective as a finandng s►aiemertt fited as a fixture fling withaus�d to all fixNres induded within �i
<br /> • •� s�d{uerttsss�rtd is to be fifed for teeord in ihareal esta[e reoorda at ea�eaurttyt v�here any part of raid premses pn �ng safd fixoires)is situased. Thts � L
<br /> peed at Tnat shaU atso be efiective as a Srtanting stazemeni covering ai►y othe►Eaemises end rrey bs filed in any oiher appropriate filing or reeordng � ;� .
<br /> affiee. A carbon,phatographic or ather rep�an ot thls Qeed at Tnist ar of arry fmanartg statemerrt retatir�g to th?s Deed of Trust shaii Ee suffidern as a
<br /> �� finaneing staterr�rrt for any of the purposes reterted to in this Para�aph. The seauad party is ihe Lendsr deseihed ahave. Upon demand.(irantor shaU ' ,
<br /> � rt81m.exea�and e�Gvet sueh ser�rity a�eertents(as sudi tertn is defined in�id Unitortn Cortmerdal Code!as Lender at arry tirte may deem j .
<br /> � neeessary or proper or required to grant to Lendm a peReeted seauiry inierest ir►the Chattels.and upon GrerttaYs failure to do so.L.ender is autha:ized to � ;
<br /> si�arry sueh agreemertt as tha agem of(iraritor. (iranta hereby suthorizes Lert�r to fite financing stffiertertts(as such term is defined in said Unifortn � '
<br /> Cmmrerdai Code}with respect ta the CMattets.at any tirt�.withou!the st�ature at Grarrtcc Graruot w71.hovrever.ffi any tlme upon request ot t.ender. -
<br /> sign such ftnanang st�errerrts. Granwr vnll pay ail filing fees for the fiGn$of wcti fina�dng staternents and for the refiTing thereof ai the tirtes reqmred.in � � .
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<br /> iha opin6a�of Lender,by sa�d Un'dorm Cnrm�araal Code• It tha lien ot this Deed of Trost be subject to any seauiry afgeemem eovering the Chai ela the� �� •
<br /> � in the evert of any default imder ttds Deed of Trust aU the right,title and interest af Granmr in end to arry end ail of the Chattels ls hereby assigned to
<br /> ___ � lender,together wnh the benefit ot any deposits or paymerrts now ar hemaher made thereof by(3rarrtor or the predecessors or suocessors in Ut1e of �
<br /> • � (irantor in the Properry. '
<br /> � 23 RE7i'dBUBS'06�IT OF AAQOtRa7S EXPHV�ED BY LElJO�. Len�r.at Lender's o�on.rtpy expend funds(indudmg anomeys fees and Iegal � . ..
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<br /> ; e�ei►sss)to perteRn any act req�dred m he talaen by Carantor or to e�ase arry d�t or rert�edy of tender i,vider this Oeed af Trust Upon demand Ci�antor � • ,_
<br /> ' shali(rtYr�eda..ety reimburse Lender far ati s�cb anrou�us e�ended by Len�rtogethe�vrtF►inte�est thereon at the lower of tha hi�►est►aQe desa(bed in any s
<br /> Offiigatton or the hi�est rate ailovred by taw from ihe dae of payrrent uno7 tlie dete ot raim6ersement Thesa surra sfiaE)De indud9d in the definition ot ' . �
<br /> Obfigadans herefi and shall be secured by the benefidal hrteres�ganterJ herein. If the O�lig�ians ere paid after the beginning oi pub5cation of�otiw of . `
<br /> . sala,as heretn�avided,a i.�Ce�evem Lender shall,at its sate oya�,pemit atantor toµay any pait ot the Obfrgatinns after�.i�nnirt9 of pudicadort of ` • r..(
<br /> -• rtotice of sale.as hetein piavS�.then.Grantor shaU pay on da*rr��alta mcurra�ir th�Tn�stee and Lender in co:�-r�m vrit#t sald publlcedion. '+;��'rt t`s:•. . '
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<br /> tndudmg raasrnwl�e attcmeys feas to the attamays tor the Trc��auf trr�ts tg�Mar.and a r�asorr�le feeto the Tmstee.arro�Oeed ai Trust st�ll be i�.,t„�;:;' .
<br /> ��''�,%�fet:i<,,,�
<br /> . seauiry for aU s,��t ex�nses attd fees. },-:,,y'�{�:;;
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<br /> 24.APPLIC/tFiIDN CF PAYEdH�liS. The Tr�shall aouh►the ptooeeds a`�:r�tee s sale.first.to the oosfs and expenses af exercisirl�the pawar of �, •:���,�n - ..
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<br /> • 581e�d ot Ute s31�i;tdudc+ the paymeat o11hg 7r.istees lees adually utam8�1 s.u�ia e�eediha amount whiGh may be providsj iT't�ih�Desd of Trus4 1 .
<br /> .. � semnd.to payr.��af the�g�on seaaed by�he O�d of Trtst,tturd,to ihe paymertt of j�ador deeds of vust.mortga�s ar od'er eertho(�rs.and the F . . . .. : ,.
<br /> � � bafance.'rf�ry.tsL��rsaaerpersonslegaltye�'edtttereto. ;,
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<br /> 2b. PO�YEH�d'6FQAHEV. GranWr herebyr�.�s Lender as fts aitomey-i.�-�ct to endorse Cirantofa narte on ail instru:-�o�and other daarrsrrts �,,c:..: ,.,.` -. .
<br /> ' pertainb�g to tha Offigations ar Dead ot Tnut In additlon.Lender shaU be ar4ad,lari not tnpertartn any actian.a-exeaRe arry dxumer� � .. ;.t::���;�:�,,.�'`.. ;.
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<br /> �equtted to be t�..-�s ar e�d by C�at�'.�:e�t��t thls Oaed of Ttusl. Len�ispettamrance o1 sueh a�tlan ot exeasfien o`s�t dncurtetrts�-.al!not � '^''F+d
<br /> �y r,..;_;F-,t�.,�tt�.
<br />: ..i reGsve Grant��a�►any OWl�tion or cure ar►p�°a�t under ihfs Deed of TrtBt Afl�owsrs of ffitomey desa�Ler�ir C��*�aY f_xt are cuupled vmh an �4�,.::t���+,�,�,�,f.-.:.
<br /> • hiterestandare'a2vccabta ,��;•� ,,y,,,,• .
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<br /> �3. SUBROGATION OF LBh�"GIEB. Lender sha11 6e suhrag�ted to the rl�is af ihe holder of any previaus 6en.seeuriry interest or encumbrance !- . ., ';_
<br /> . ••�. cGscharged with tunds adranea�byr Lender regand(ess ot vuhether these liens,seauity hrterests or other enamtxances hava been released ot reeord. . . �,, -;;:
<br /> -. 9.Q07J.ECTION COST8. To the exterit pemrttad ba/Iaw.Granwr agrees to pay lenders reasonable tees eaad oosts.tnduding.but not limited to.fees ��"-�
<br /> � � and oosts of attameys and other ageMs(md:�g wRhau!IimitaUon p,a►alega+s.derl�and oons�Atants),wfr�tfier or not such attomey or agerA is an � . `- " .. ' .
<br /> er�(ayee of 1.endet.vrhirh are inwRed by Leru�r in oolteq�i�g�yr amount tve or erAordng ffiry e�t or remedy under tAis Qeed of Tn�st,whether or not � . _� . °, ; ;
<br /> • � suii IsbmugM,tr�ud'mg.�t na'Grztited to.aU faes and aos�s ina.nd on appeal.in ban►vuptey,2�Eor Past-Nd�r�ent wiiectian actiuns. t°� . :
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<br /> 2a PARTtAL REI�ASE Le-d�a may re'•ease!FS irteres:i-aportion ot ihe Property by e�ng and recordmg one or more Partiai Oeeds of " ' ,'- �.�,;-'. ` .;
<br /> � Recorneyar+oe without affecwsg ds irrterest tn tfta rer,�ining par�bn ot the Property. Noddng herein sha0�deemed to obli�te Lender to release any of its � �.�::. `-
<br /> ? par
<br />__ .:i�;` irtterest in theprope rry(exoept as requtred�er Para�h 38 cr as may be othervuise requhed by law).nor�i Lender be o6figated to retease arry part � • ;t�f>F; ' -'.
<br />-� of ihe Property i1 Gtarttar is in default uRder�is Oeed a_T Tn�st. The�en and�Urterest aeated by the O�t o}Trust re m a in i n e i f e e t w i i h respeq to ;,-,,y:�:,:.•,_ _�
<br /> �� . thal portion of the propeRy,as deftned in the Deed ot Tn�st,fiat is not the subjeet ot thts or arry Partlal Deed of Rewmreyanea . . , ,
<br />�'{ 29� MODIi7CA?fOH ADID�VAN�i. The modfqtion ar��af arry ot(irarttors Ob6g�a's or Len�rs dt�ts under fiis Deed of Tnui must be . • .'��"i:�
<br />= wrrtafied tn a wrUing si8rted by lender. Lsnder may�cbmr�z�c!Borrowels or Grantnrs OhL-i�tians.deta�r or fa�to exendse any of iis dgfita or aaept ;-�`f�:
<br /> payr�rts hom Qrarrtior ar er►�yone other than Grarttot wiYhom c�ing a waiverof tAose Otiltgatlons or dahts.A waiver on one oaasian shatl not wnstiuite 'f, �. '� • ��;�,� ;
<br /> � a waJver on arry o8ier occas.on. Qrantors Obttgahans under thfs Oeed of Trust shaH nat 6e affeetad ilT.endar amends,eortQrortises.exehanges tatla to --� •-.;:.��:•;!
<br /> j exerdse.trrpaiTS or reteases arry ot ths ObOgaUOns beioltging to arry Grantar,Barrawer ar th(rdparry or any of its dp�ts agams!any(irar►tor,Boriawer or �• ::-
<br /> ' th(rd party or atry of ihe Pcoyerry. Lenders fatlura to instst upen striel perfomanee of arry of ihe O h l igations shall nol i�e deemed a waiver and Lender sha0 ' `;�:
<br /> _ have the dght at arry tirt�thereafter to insLst upan ststG perfomtanee. .. .`.;�;.
<br /> '` ' � SU89TRUT�TRUSTE�TRUST�E UA�ILIiY;CAidDSNSA110rf. In case ot the daath.L-rabiT�ty,refusal to ac1 or absence of the Trustee hom tha � . . ,:
<br /> '- smrtsa where ffie real properry(s tocated or in case the hotder of the Ob0g�ons shaU desire tor arty r.�asan to�eirove ihe Trustae or ar►y substitute trustee as .,• %,.���-
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<br /> trustea harermder and to appairtl a new tnistea in hts pfaoa and stead,the holder of the 06Gg�'.:ans is hereby 4yarrted fuil pmNer to appo(rA in writlr►g a�� 1; "''� .:.-
<br /> . suLstitute tr�ee tor saidTnisOee,end the subsUUrte trusiee sha0,when appointed,6ecorre suooassor to ail d�of Tntstee hereunder and tfie sama shall -:;;=,,;,%;;::.���:.''
<br /> �-.�',;:; • b e o o rt e v e�i�M m tor the p u r p oses and o b jects of thts Oeed ai Trust wHh a0 the p o war,�tles and oblf g a tlorts Rereln eonferted on the Tnut� Tn� ;.:�;��r��,{r:��,...;'
<br /> •. ��;:, shaU nct 6a Fa�ie for arry erta of��'ud�e rtt or aa Qons by Trustee,or ba othervriseresponsbfe or axaia�te tmder amt dvcws�tances xrh�..�aa:cr. , ,� 1
<br /> • • Tnlst9e shaA rtat be persanelly Uable�n case af em►y tsy tl or anyone a�tfig by vMua of the powers herein h upon tPre D�ad o!Tnist hrr dst�
<br /> •, ��d or 11ablGry ord��s incurtod in the . m or operatlon of sald prertises. Trustee heue tha d�n Zs re1y on arry inswmer:t. �- _
<br /> '+ �cam�em or slgnanua auihoriz�ng or sup�r�ng arry�taken orproposod to be taken by it hereunder or be�evod byll in od fatth to begenuine. •
<br /> .� Trustee sha0 ho antiUed to reimtruraemerA lor e�en�s inartred by Fi in tina parlomranae ot fts dutles hereun�r and to re�eartpensaUon tor such � ; ��`_. •.,
<br /> of fb seMoes hereurtder as shall l�e rendered. Orarttor Hn'0,from tUre to tUre,pay eortqensatlon�a Tnutea hereunder and reimmurse Tnistee for and
<br /> � save and hotd K ham�Iosa from and agalnst any and atl toss,cost,IIa�Gry,dartmgs end e�ense vfiatsoever inamed by N in the pertom;ance of its QWes.
<br /> �" • AU morreys c�lved by Tnistea shall.urttil ueed ar ap�fied as hereinprovlded,be held in wst for thepurposes for whidi they were weoived,but need not
<br />_ ' � be segregazed in any manrter trom any other monsys(exoept to the extem required by faw)and T�ustee shaii be under no Ilabiliry for irtterest on any ,�
<br /> ..,� , moneys teoetved by B hereurt�r. . . ..
<br /> " S1. SUCCESSOR9 ANO AS�3N& Ths Dead ot Trust shall ba birtding upon and inure��ne benefn o1 tiramor and Lender and ihah respeetive � �
<br /> ::, suaessora,assi�s,trustees.rewiuers.actrrerdshators.Persona!►epreserrtatives.legatees and devisees. �
<br /> � � ' 92 FdOTIC�.0. Exoept as othenvir,o requtred by law, noUce ar mher oormuniraUon to ha provtQed underthis Deed of Trust shail be tn wriGng and sem .
<br /> .�� to Ufe partles at the addresses desa2bed In thls Deed�Trust or such other ad�ross as the parties ma designate in writtng trom tirt�to Ume. My sueh
<br /> :• � notlaa so gh,�en and sem by 4rat ciFtas mail,postage prepald,sha11 be deemed given ihe eailier of thres r3)days after sueh notice is sent or when raceived
<br /> by the person w►rtwm twch notla3 is bsing given. �
<br /> �� 93 SE9IBi3�i�i�S6N. Wnanaver passible,eaeh pro�Aslon of ihis Oeed of Trust shatl be irrter{xeted so as to ba eHeUivv and valld under appiinbte�t2te
<br /> " Iatv. if�ny.Gr.sf,s,�n o}�hla Oead o17n�st v�latea Use tav�or is uneMorcea�ia,the resl of ihe Deed at Trust shail eonUnue to be vafid and enforoeaCts.
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<br /> •- S4.APP1lCA8LC LQW. Ths Oeed a!Tnist sh8f1 be gavemed by tha laws af the siffie where ff��rc�prop0rry is bcated. Unless applleahie iaw provides •
<br /> ;t`;; . othenvis%GrenWr eonsor�t�tF�jutfat�dton and varnre ot any aouA seteded by Lender,in Rs ada dseretlon,focated in that state. .
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<br />_``°�' � 8� C98CELLANE�If9� atar.:nr and Lsnder a�ee thal Urre is ot the essence. Gratrtor wahres presentmerA,demand for paymem,noUoe ol�shonor and i • �
<br /> ' protest except as re�ui�by faw. All retetances to Grama in this Oead a!Trust sha�l indude ali rsons si�ing be�ow. If there is more than orre(irantor. � • �
<br /> , thair Obllgatians shall be�'ohA snd saveral. This Dc�ad af Tnut represe►�ts the oort�tete Urtegrat�imQerstan�ng hetween Cirantor end Lender pettaining to
<br /> ihe temts and eondNons hereof. � .
<br /> S8. Nt01H1RD PAHTY RttiHT9. No person is or shatl be a third paAy benefldary of any sion of this Deed of Trust. Ali�ovisions o}this Oeed ot
<br /> ��'� Trust tn favor of lsnder are Urtended soiety tor the benefit o!Lender,and no tAlrtt pariY sh�entitted to assurte or expost thaf Lender will not walve ar � . �
<br /> oonserd to ihe mod�flwi.on W any provlsion ol this Oeed of Trust,in LendaYs sotB effseretion.
<br /> I � �l. PitESEfiVA�10N OF UABILtiY AHD PAIOAI'N. WMom aHcaing the liabUiry o}Borrwrer,Grantor,or any guaramor of the OEfi�ations,orarry other . ;
<br /> `��, persan(exaept a person e�ressry relsased in vnitia�)tor 1hapayrnem anopertomianca ot tne Obllgatlons,and wiihoin aftee6ng the d�ts ol lenQe►witn
<br /> �, �•. respep to srry PropeRy not expressty retsased in wrtUng,and wiihout irr�airfng in�vray the priariry of thla Oeed ot Trust over tha iMerest of any parson .
<br /> aoquired or first evidanced by reoordng subse�em to tfte reoordng�i tAis Oeed of rus1.Lender rtny,either Defore o►aftor the maturNy o11he OCllgations.
<br /> ' and without nofloe or eonssm:rel2ass any porson hahie forpaymem or pertartrenoe oi alt or arry pan o1 the Obligations,make arry agreement alter(ng the
<br /> ` . terms ot payment arpetiortrenoe ot all or arry part o1 ihe Obligations:exercise or rehain iram exerdsing or vraive arry d�t or remedy that lende►may i�ave
<br /> . �. under the Deed o�Trust:aeoept addtlon�l soeurity of any kind tor any oi ihe Obiigations:�or�ralease or otherwise deal witharry real or persanal pt�Operry
<br /> • ' socutin8lhe Otll ons. My person ao�idng or recurdng evidenoe ofan}r irtterest of rtanrte in the Property shaSl be deemed.o��aa�iriA SUCfi
<br /> - � interesi or reoar�ng aay avt�:sca tRe:aal.ta l�vo co�ssar�ad;a a!ar aay su�ac8or�s ty t.asdar. .. _
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