|
�at�t'��:::�t� ... . . . .
<br /> � -:�—� . - --- - .
<br /> .i`�! � . � ' " 4 � �. , .
<br /> . . c��l.�.',..'���r . . ' . . . - . t�. . , • . . .
<br />. . .. . � � .. .. ' .� ' � , _ . .. . . . , . . ' . . ' .
<br />. . - .. ,�': -... -' --,.. .- . .. , , . ., , . , . . . . .. ..-� —- -•—� ry , it "�� . . .
<br /> . , l9. L.H�iDER'S R1GHT TO CO.�dfdENCE OA OffH�1�LEQAL ACTICPIS.Grarrtor shall irme�elY provlde lendsr with mitten nodoe of arry acWal or ;`• � . � `- -
<br /> try�eatened aqinn.suit.or other prcoeed��9 attectin9�P�m. �°t�re���n�r as its attomey-in-faet to camrrenca,intetvene in.and . . ` .
<br /> sand to cortQ�romise at setlte atry daim cr wrmoversY Pertalnin9 thereto. Lender shall not be Ilable to
<br /> . , detertd sucfi seflons.suits.or otharlega!prcoee�ng �g�the ap(ons d�sa9�ed in d�ts para�aph ar arry damages rasulUng�herefrom NoUdng . ,
<br /> � Gr�rtor tar acry se[Ian.error.rtf�ak�mo��i�cngo�r'���on�s desrnhed in Uds�tra�ia its otim nart� . `
<br /> cocrt�dhied he[elt�tr1iD ptevent �
<br /> ' l4.IND�L�tIFICATION.Lendet 6haD nat assurtede I.eader�ivith wc�lian�notl�oa ot�d�(na�and�Ttotd�L,ender� dan (ts�shacah�ot�dets�duecto�afHmrs. � ` ` .
<br />. . arty dtau�nces. Orantoc sha11 immed'iatety�SOVt ��(.�d��twneys tees and tagai e�enses).causes of acGon.aaions.suits and O c
<br /> enpioyees and a�rtts hazrtdess hom a1!datrrs.dama�s. .
<br /> ar
<br /> other tegal Ptoae�dm�(art��e1Y'Gatms')Pertaning ro ihe Pmpe►1Y(indudng.E�A not Grtetsd ta tha�aving eaiardos and tmher wsGts�eurred�in � ; ,. .
<br /> � 9�e reqicesl of lander.shaD hire Iegal eour�sel to dfftend Lende►trom�Ciairtes.�d pay iha ettomeys eg� � ,
<br /> canneetlon therexrflh. In ihe at�tive.Lendsr��S��adthe terrrdrtatlon.�e��asete�fo�d�srue ot��t s l0eed ol Trust �'�rancors ea�. c�raMOrs � t • -
<br /> ru.t
<br /> o1�i�tion w indertmity Lender underthts para�gaph ;
<br /> 7S TAI�S iWD ASSESS6�1f7S.Grantnr shalt pay ail taxes and assessmarrts reN�n9 to Properry vrhen�e and inanedaleN Provida Lender evidance � ' , .
<br /> t ot payrr2r�W same. tJpon the re�est of L o�8 Pt�aator��ng�as t�here�is no����nartaunts atra0 be appTisd t�o�thed�rtneM of�� �
<br /> Lan
<br /> --- `' 1 �e�ittrl taxes and essessrrents pertainin9 t P�• " -- -.
<br /> , ; assessrtems and insuranoa as required on the Propeny. In the event of defauh.Lsndst s���rs�arder of the due��te the�rsc�U�e tunds so hetd to � � , :
<br /> 3 PaY en5►taxes a a9ains�the Offigatlar�s. My tu�ds ap�Ued maY.a1 Lendsts apti4n.Ce a�plt � `
<br /> 1�G�iSPEC7lOAI 0¢PROPERSH.BQflKS.HECORDS AND REP8f1T8�firantnr shall aUow lendsr or i4s a�arrts to exartdne and fm-pect ihe Property -
<br /> .es of tirantoPs books and reacrds penafiing to tha Pcopsrty irom iure to wne. Granwr shatF pmvide any assistanoe E . .._..
<br /> and e�rartine.fnsgect arM trmiaa c4?' AII of the and Uiformarian oorRalned in Granta�s baoks and reoords shal!be�nuine.vue.eaa�r�e�t! r
<br /> , ' requ(ced by Lendet(ot these p�uposes- s1�e5 to the Fr�eAy. A�'�. �. : � - : .
<br /> �in all resQeas- �ramm shat note the exisienaa of Lendefs henefic�►irrterest in ita loanks andGrantot's ft��ndRim�ar fie Pro�rtY. 17re
<br />- � ' f�r stiall reP�.in a tortn ssti�rg w Irender.sucA kitummian as tander maY�aq!�est�n9, � . . .
<br />- isf_zr��tion shall 6e tor sueh Pericc�.s�1 refted Grarrtats remrds��mre.and snau he rendered mth sud�f�e4�enay as LertdFS rs�Y�S�• � ;
<br /> � ` (nf�cr�on fu[nished bY�rar�tat w Ccc�rstrai 6e trua.aanuate a�mrnplele in aU tespects.and si�ecf bY��r'rf lsnder recpiests : _ ..:
<br /> ' 1T.E9TOPPEl.CBi7lRCATES VUrthim m�(10���aftor asry�c-q�.e s t 6 Y L en d s r.G r a rt t o r s h a t t d aflver to lander.or a rt y imended V�e af LEm�r's f.` � .� `,# .. _:
<br /> • . �w i Q i t e s p e c l W t J�e 0 6 U g a t i o n s.a si g ned a*�d�awtsd�d 5atem�ri SP��ng�a)ihe ouGstandu�9 balance an Me 06Gg�:cr.��d(b)whettbar t : , ,� .'}�M�, ..-.
<br /> ` C3�tar possesses enY dalrta.detenses.set-ofts or acm►Oerc�rrs�n'?esPeet to U�e O b O�t lans an d�so.t h e n a t i u a o f s u r h d a i�r u.c�'i a n s e s.s e t-0 ff s o r ,,.��>:.,.•,•
<br /> . , , cmr*„�a6rB, Gratitar v�l 1�candusive(y boe�nd by ffiry re�e�:�Scs fiat Lender may rts(�M the uUanded transfetee wnh res�t t�these matteis'v� � •.. : `�'.' " .' .
<br /> ,•�.. . x . .,; . :
<br /> thr�evem 6�an QranWr fa�(Issto P�vt�the rc�ested st�terrerA In a�'g manrter. . . . .
<br /> . ''��� ta OFFAULT. Qrartcor sha4 tre in detautt im�rtfdsQeed at 7nut and the Trt�eespawer shall bemtna operative in ihe evarrt thai C�tor.Borrowe►aT .. . ':�., ;
<br /> •;:, �'�:`�'t�`
<br />.. . ';'�;%:�.5�'�f�; &IIy gi1&l3IIi0f O}1hB Obll�IIORS: � -i
<br /> /�n' ,!��^3�� '')
<br /> ' IJ Y l'ti f `a1 'y�'tQ pay any ppp�tion to LenQer when G:e� . t��!'^ �'.
<br /> � ¢r e�venarrt to i�contaLnsd in this Oeed ot 7rust or arty other preserst ar hrtsa � � ��`�� ;
<br /> (b) (aifs to peAorrn arry Oblt��rn tffeaehes arry watranry [
<br /> " ���r ' �� a��� tas��,ue.00rfiscation,ofeondertmap�: j,.`� ` s�. .•,�'
<br /> .,�.;':� � (t)des4oYs.Ioses or dartsSes Ute PraPeriY fn ac+Y materfal�ar s�jeds the PraPeR!►
<br /> ..: �, <` � (dl seekstorevotw.tertrdnateorotherwiseGmt�6ab�7iry��lrSuaraMY.totender; y." , .- _� ;��'`'!'.�
<br /> rt
<br /> `` f's,.� (e) �es.6ecart�ss IegallY irtcnr�etem.is d�+:w�i or temir.azsd.becames ussoMem.rtakes an asstgmr�arR br the 6errefit of ae�itois,tals to pa+/. �
<br /> '� ' debts as ihey t�eeoorre due.files a peiGion�r�laderal baniwptey Iaws.has an imoturtary petAton in haniwptcy fiied in whir�Qrantor.Barrow�rr i �Y''� +'
<br /> :.�,�i"'•.1 �� '
<br />-r j ar any�tsiarrtor is nartv�d or has ProPertYi�v�T:�s'�ar an!1�rt=r�ooass of cauR: r , �''� i`;: :
<br /> rted or smm�ar�the i?apa�e.fie possesston.Uansporlation.or use ot whieh.is iltegal; t �,yrf,�;�s' `?
<br /> _ � _ ,! (� 81IOYJ8$OOEStOEOUSEC.V8R5�G t , : f �'•..i :.
<br /> � � (9)aVa�vs arry p�ty other ihan Cirantor or Bar,�artc ass��.mderiaks anll Obli�iton�vithout the wrHten conserA of Lertd�� � : � ,-.. .
<br /> ,•,..
<br /> }� • ;� (h} causes lander to deem Bse1t Inseare due�a slgufie�st�dine in tAe value of the Propsrty:or(f Lender.in gaod taith,ter�ya reason.believez. � . ' _ �k�� ` t'=..
<br /> fllal ih8 PfOSpBA Ot p3yfRIBI110�p8i(O�IiCdI[fB i5 iCCIQdITQd. �.�:��;r r`�-.,��
<br /> . � � ...c'�4'yiC".;".
<br /> = 1 9� R i t t F R S Q F L E N O F A O P f 9 E F A l t L T. t t C r a z a�a d s i a u i�wder this Deed af Ta�.Lendar s:��e enl�ted to ezardse one or more of the foloai� � � .a�r,;��,t�
<br />- . remadleswithoutnotteeadertandte�P►��bl►law): � .- •!`';,:�';°.:
<br /> i _ (a)to derlarethe Oblt�lares"s�m�3i}�and payabte in tutl: . sr+��,s
<br /> �" ' (b)to oollee/ihe outstar►�ngQyi��s w;^i arwhhout resorting to ju�dal pcocess: -� �',
<br /> Q
<br /> (e) to re�+fre Qrarrtor to defnsr and rt���i!aDtA to Lender any personai propeAy ot Chattels constiNHng the Properiy at a plaoe reasariab?/• } , ,•
<br /> .;'y.'; oomreNerttto0rantorand lender. . +:;;;{�i.:;;
<br /> : I'�`•"'`;, (d} to errtsr upon and taka possesslan ot 1 ia fi:operty wflhoul a p p l y tng for or ohtafiing the appointmern of a�oetver and.at Lenders oyitorR to �;.•�:•.�;i
<br /> �'a ' '.tt�a�:.�•:;
<br /> ' a p p olnt a reosiver wittwut 6ond,withouT ftrs�Lvtnging suh on the ObtigaUons and without otherwise rteeta��ar►Y stahrtory aondittons regar�d�np :,�r�;;�,,-_
<br /> � reoelvars.it 6eing imended th�Lender shall have 9�ts wntrsctu�l�ight to appnhA e receiver. . •,`-�;r�r-•rt
<br /> ' ' rA ot the�opeAy and Iet the sar�a.ehher in TtusteB's own narr�.(n ihe name af Lender or in ihe name of Gran:c�,and � � ',� ` �T-
<br /> (e)to ert�toy a�rtA age . .
<br /> reoeNe Uie rerits.incomes.issues and profira of ffie Propeny and appry the sama.after paymmrd of all neoe�.�sary eharges end expenses.on Eoeaiml af , . �' '. .. . . .
<br /> ` the G611gatto�u: ,;',,{�,':.,. �
<br /> (fl to P3Y�Y surtrs In m�yr fortn or rrenner d�ed a�errt by lsnder to I��the seaniry of tAis Oeed of Tr�or to cure arry detauit artAor�� ,�;::�T 1..; . ,
<br /> • . pa}m�amof(rrterestorprin�paionUreObii�e►►s: � rj;`Y;`. ..;.
<br /> � • • (g)to fareetosa this Oeed otTrtrst lumdalry or rtonju�d a l t y an d to d'u e c l t he s a t e o t t h e p c o p a A y t h m u g h e x e r c's�c f t h e p o w e r a f s a t e a s re t e r e n o E d i n .
<br /> ::�,'� para�8ph 20 hereol in eCOx:�toe with ep�teabte isw: •.:'� ��":
<br /> � + • (A)w seto f f Q r a n t o rs O b i i g�on s a g a inst a r ry amounts wied Qrantor bY Lendsr indudrtg.b,��m linumd to.monies.inslruments,and daposit . • ,
<br /> � apoounts rteirrtatnedwlth Lender or arry curremty existlng or fimrre affiliate of Lender,and ,�� ;•. �_
<br /> �;' . ' • ()to exerdse aQ ather dgMs available to Ler�r under arry other wrflten agreemam or appileabt�Iaw. , . ' ;;r.•.'-
<br /> �.; LsnQe�a d�ts are eumdative and may ba exerased together.sap�aratety.snd In arry arder. In tfie evetA ihan lander instltutes an aWon seedng the .' "`f``�
<br />- � rsoavery o1 any ot 1Ae Proparry by H►aY of a Drejudgrtern remedy lo an ecHon agalnsl Qrantor,Qrentot wahres ihe Posting of arry band tivh;cb tri�t ,•"tt_(�;.�•. .
<br /> a"!enNlse 6e rec�ulred. LenQer or Lendefs desi�ee may purchase tha PrapertY slany sete. Prooseds ol any Tn�stae s saie hereunder shall ho Appled ..-:r". .
<br /> Res�,to Uie oosts and e�anses al exereising ihe rer ot sate 4se�sA the sala,indudng thepayr�rA of the Trwtee's fees actually inwrred and no1 to ,
<br /> axoeed 1he amoum whtch rtay he�o�Aded for In is Deed of Tn.�st.seoond,to paymem ot ihe 0611�1ans seared hereby,tAird to the paym�nt o!jr,eilor .
<br /> trust daeds,mortgages,or other Uenhotders.end the balance.if anyr.to the person orperanns leg�lty eMiUod tAoreto. Thepro perty or any pan U�reo)rnay •';i.t,. • .
<br /> •'� be sold in ono paraei.or in such parcels,mazmer ar erder as Lendei in ita sole disaeUon may etecl,and one or more exordses of tha power horeirt;rEUited
<br /> °� . � � shatl not ebinguish or e�Q►ausl the power unlesstt.�emire properry is sold or ths aLY',�ilor�s are patd in iWl. �:r:';'' ' ,
<br />-_, � . '�``'„' ..
<br /> ' • ?� TpU8TEE9 F7IERClSE Q�F D�WER OF SALE ON OEFAU�T: It Lertder cec�to se0 Grarrtaf�ir.,arest in the Prapeny by exerdse of He�parer of f�`�.>•'-`�
<br />-:s•�� sale herein oorrtalned.Lsnder sl-�I m!;!y Trustee in the manner ther►requlred by t2w. .
<br />:.j•/,e ' ,
<br /> � � Upnn rewlpt ot sueh naUee of I.en3ar and at 8�e dcecUon of I�nder.Trustee c�`�uss to be reoorded.P�1'ished and dellvered su�h no8eas cf defauN ;.
<br /> ;�,..� end noUcea ot�3s ma�thon Os roq�►ed�y laar,a^i by this Oeed of Tn,st Tn:;rae sfiaU.only at the mreeUon of L�n3er and without dartand on ar8ntor. , • .
<br /> aftot such tbn9 sts'�ay ihan hs te�pilrad by►ab��1a►recotdatlon of such noti�ct dofauil and after noUoe of sale trav3ng heen glven as roquired ty law. ..
<br />_,,_��, � s�f 1Ro p�oppAy y�the Urre end paos ot sata t7�+d E��i tn sueh notiee ot s�e,ei�ar aa vrholo or In ssparate lots or psreels ar iterrm as lsn�r shFJl Qeem
<br /> or�eM,and In such order as it may detemar.�.��lic aushm to the h;ghest biddet tor cash in Iawfut money o1 the Unfted Statespayable ffi tnotime o1 �'
<br />--- � � . sai0,or as othe�wise may then be rt3cpuired by Saav. Trustea sh�i deliver to suoh purd�aser or purcnasars thereol ha gaod and sulficiom daed or deeds � �
<br /> � eomroyring ihe proper1y so sotd,dn wrihout any covenazn ar vrartanty.a�e�s or irt�liud The redtats in such deed o1 arry mattera or taets shall be � .
<br />° � condusiv0 pcoof of the trulMutness ihereo}. Any p+arson,lndudng,wititiout 6mitation,f3ranto�.Trustea or Lendar,may purehaso at such sale. Truatea may � , .
<br /> in ttu.�mannei provided bj Iaw postpone sale ot ss:'or arry portlon ot iho Ptoperiy. �
<br /> �, ` . '
<br /> 21, pEQ1lEST FOA NOlICE9:Gtantar requests that a eopy o1 stry nWce of defauH and a onpy ot any noUoe of sate hereunder be maited to eaeh person � �
<br /> ' who Is a parly hereto at ihe address o1 such person set torlh hareln at tho sa�re Umo and in the sartm manner re�ired as though a sap2rata re�uest 1
<br /> � � . . l ihereof had been fited by earh sud�person. � • '
<br /> � I
<br /> .. . . , i
<br /> � �
<br /> � � • .
<br /> i
<br /> - —.. aapy3d6 `��.�_�_,_. , . _
<br /> .� r � NEDO�C R9u.393
<br /> �••� .
<br /> t
<br /> ' � �u-.a:._=.e..
<br />
|