|
�� . ,� ..
<br /> .�_ �i'JltVrCS'.s . - .,.., i
<br /> .. ../ y' .. .. .� .>.xStvLri*xl.��e,.....
<br /> . :3 ' _ "_, - .
<br /> .. .. s. _�7':'!__ . __'-
<br /> •,4^' .-]��lY%±_— _ -__����.}�:x�f..�..L.-�' . :f:._ ...._..._._ ...._....__—�
<br /> _ 'IlRf.�ITRrir.�,�-„_._.__...'_.__ .
<br /> _-_._�.. _ . . _...- ___.... - .:�
<br /> ovida Und�rwRh wrfttrn notka�o��In�iuid �
<br /> �fl�dinp tM Prop�rtY. Qnnta 1►�nbY�pPa�t'!.entbr es •ap1lorMyIn-lett ta comrance, nt
<br /> 1�. LENDER'd RIQHT TO COIA�AENCE OR qEFEND LEOAL ACTIQPlS. C�mta�hNl Irm�llat Y� alnlny 1Mrf1o. l.�nd�r�hsll nol b�Nabf�to � `__
<br /> thnatan�d�ctloe,wit,or oth�t ptooMdnQ el�im a cor+travH�Y^�t or en c�rme��resulllnp th�nhom. Nothlnq 1+
<br /> cMfwxi wch'�etb�6,wit��or oinv Iry+t��n _enc!ta�ordw a NttN�ny.. �r-�w� Y --
<br /> f3ranta for my actlon,nrra,n�ctako,cmisn!an or�eY Mrt f�o iM�cllo����0�in ti J: __
<br /> �onulrwd MrNn wlll prw�rA Und�r hom t�kkq ih�sd�on�d� In ihb pereprePh In ita own namo. � r
<br /> �h�l��o�euurrN or l»nsponNbw b►tl»P�rf°"i��t� of Orantor'�obllpetione wfth nspocl10 th�ProP�Y��
<br /> 11. INDEMMNFICATION. Und�r �LsncMr with writt�n notic�of�nd Indortn�h und hold�lan�sndceue�e of�ectlon,ection��iutb end �
<br /> �ny dreurtr4nu�. (drenta�hall IrrmrdialNY P� i UebllftNa pndudnp eriom�y�'INS end I�ps� PM ).
<br /> ren
<br /> renlor,u
<br /> �rrployNS uid p�m�herr�����°rt�����'�°�01M PropMy(��d��7��t not Ilmllsd to,thoe�invdving:azar��o!h�r costa Inwrced In �
<br /> artscr Ie�1 pro�'��B��axnul�tiwly'Clekrr'1 P�� �pe
<br /> y counwl to ddsnd cuch Clalms et OrAnta's cost. Orantor'�
<br /> th�requ�at of Lxidsr. aA hin I�pel counMl to w(and rt'c.or hom,ueh Clnkn.arxl P�Y iho attorney�'i�es, L —
<br /> conncction ihorowRh. In 1he alte►netivo�L�fld�����rylY t�ll8 0�'fllll.�lon�ro�a�e�(aedoaure ot ihis Deed ot Truct.
<br /> obllgetlon ta ind�rmify Land�r und�r thl�parsprePh
<br /> dt wflh Lsnder eech monih one•lwelfth(1/121 of Ihe�l'mehed�n�ent of taxe
<br /> 16. TAXE9 AND ASSE8SIiAE„T�f,o ��Pa��lo��1 d� �smmt°relating to Property when due ar►d Imr�A�t�ly provids Len�i�r ey nu
<br /> o}pa t of�arrn. 11Pon � a�there le no defeuh�ihase arro�nts chall be appf the tu ds so he�d to
<br /> um,�exes and esasirt�ents p�rlelNnO tc ths Props►cy �0 �����e��order of the dua dete ti»rsot•
<br /> assetsments and insixana ey.i��i,�,�°a�any°unds�aPdied may,alnlander'seopibn,�be�ePPl I have ihe rlpht,at Its sole oP'tlon,to y
<br /> P9Y BnY tax�s a uyuu`�o:;"„�.._..�. . t�+� .��e;�..�ml _
<br /> en assistance
<br /> �d��pi�i of drarrtors books end recads pertdning to ths Properly from time to t me. Grantor shallUpr�v;da ,�rate and
<br /> 10. INSPECTION OF PROPERTY,BOOK9,RECORQB AND REPORTB. �ramo►shell allow Landor or Its agente to sxarnn�a�o���a r_..,
<br /> i
<br /> °����•�0� sss. ql�of llw slqnaturoa end informatbn contalnad In(3rentorc booka end records shall bo 9 a Property. Additbnally,
<br /> nquk�d b/Lender ta thass Purpo
<br /> �prt�i�u in�II rospects, Grentor shall note tha s�st�nce oi Lend�re benefldol Intereat in Its bouks end�e�ds� �as Lender may desl9nate. All
<br /> (3ranta shaM_report,In a tam�atola�faeth�all ro ect Orento sirocorde�le sueh tlmer nn d sh e i l be re dered with such fr necNencY�dtlon or ihe Properry. 7ta
<br /> infom►ation snaui be tor such P� ete in all roapects,and slgned by GrtNtor it Lender requesis.
<br /> Infomietlon furNshed bY(3ren1°r to Lender shall be ime,accurata end cortpl
<br /> n c+ the outetandin9 belance on the Obligatlons:end(h1 whetMr
<br />- 17. ESTOPPEL CERTiFICAT�B. Wdhln ten(1�a Y�o��etatam m s�pedfyl rg(�)����er to Lendar,a anY Intended lransferee of Lender�
<br /> rlyhts with raspect to the Obligallons,a slgrbd
<br /> � ssMation that Lend�►►reY rrek°�o the Intended tranaler�e with rospect lo these mattero in
<br /> a������e�y�eir�,defenac,set�oH�or coumerdelrrn w(ih rospect to ths Obligatbn�end.It ae,lhe nature of such daimc,dofonsee.set-0 e
<br />- cax�terdakr�.(3rerda'wlll be conduclvNy ba�nd bY Y nPfO _
<br /> the aveM�hat Qrentw falla to provlde the requested�talement In a timely rrxnnar.
<br />- 1s. DEfAULL Orentor ahell be In defauft under iNi Dead ot 7rust end ths Truatee'�Povoa�shef��r�a��'��the evem ihat Cirantor,Bortower or
<br /> any puarantor of the Obligattons:
<br /> (a) Iaiis to pay eny ObUOet{on to Lender whsn dua; ��venant t:,Lende►contai^ed in this Desd ot Trust or eny other presont or future
<br /> �b) f�ls to perform eny Obligbtion or breache�eny wenanty
<br /> ����: a tha Prop�rty In eny metxial reaQsct or eubjact6 ihe Property to ee�zuro,conflscatbn,or cundartnado�;
<br /> (p) d�stroys,bWS a dar►�e9a to Lendsr, � _
<br /> rdl wke to revdu,temilnate or otherwles IImN Its IlahWty ur�r any 9�°�e►��Y ..,a�...i i...uhW+P.rwMOf Borrower
<br />_ . ,. „---�._�..� ...r.�.�.,� iw�rbs Insdvent.mekaa an aasignment fa the ben�flt of usdtors, s to PeY
<br /> (�j dsa�6scanss Isyeiry inco►►q+ien�a�o Wd•w•���=...-._._-, laws�has en Involumary ps�iip:�u�uw�N�r.�,, -�,�......_.. _ . • -
<br /> clsd�aa they bscorre dus.fike e psthbn under ths t�Mral benkruptoY
<br /> a any qu�or is r�an�ud,w ha:�c�K'i ts1`����,�'r eny wrk or Droaes�of court�
<br /> dlow�yood�to ba uNd�transported a storod on the PropMty,ths po�auion��ronapo:Euiw;,,sr s:a c!�:h!�h.IR NiegeJ.
<br /> atMr then C3rantor a Borrow�r ta iusurrr or undertaks eny Ob110etlon wHhoul the w�ttsn cansent of Lender,a
<br /> g allow�eny Perty or if Undar,In pood}efth�fa any rea�on�bolNwt
<br /> �h;cauw�Lende ito desm��slt Inra�«ls Itmpaln�d.fl�m dedlno In the valw of th�PropK19;
<br /> that the prospeot PpY� �
<br /> ,,,� ,�.ti..„,i.a,wp„N und.r thls Desd of TrusL Lender shall bs eMllad to exerdse ons or rrpn of the lal{owlnp
<br /> = 1Y. RIGHTSOF LENUEn ui+:.c:-:....�. �..._._.- -
<br /> r�rrrc��without notlo�or d�rtte�nd(�xapl e�nqulred by lew):
<br /> (a)to d�daro thr OblipMlona Irtm�dat�ly dw end paYeWe In lull; Qa
<br /> (b)a cdl�ct tlw ou►:tandlrW Obllpelb^s wHh a wlthout resorting to k�ddal P� �Chatt.f�comlRuUnp ths Rrop�rlY st a plaoe►NSOn�bIY
<br /> (�� b ��Cimtor to dNlvar end rtwke avellable to Irxids►enY PN�°^°�P�P�y
<br /> oorn�nMrrt to Cirantor e►�d I.sr�r wlthout applyln0 fa or oblalning th�eppo�ntrtrnt of a realver and�at Lx�d�a option�to
<br /> (a� lo en�►upon er�d tek�Pesfeselon of the ProperlY surt on th� U6lipatlon� end wfthout othsrwlss ms�tln9 anY statutory condtlons r+0erd�q
<br /> �M���Iwr witt�out bond,wflhout flnt txinpnp t a raoelwr:
<br /> _ no�fv�n.H bdnp kdend�d that oLerxMr�y thb conlredual rlpht ta appoki s end expenses�on e000urA of
<br /> - (�)to�nploy a rma01n0 aya�►► end Nt the�eme.eltMr In Trustse�own name.In ths nems of LerKNr or In tM narne of Ci►antar�
<br /> �o yb»nts,►ncortrs,lawss end pro6ta of the P�ops+lY end ePP�Y�a°m°�����t of all necessery d�erOs
<br /> tM OL�MO�tfonr b Lsnder te Prateet the�ew�11Y of thle Dsed d Tniat cr b cun any dstaun oth�r 1�
<br /> (f1 b MY�Y�In eny form or rtwu►�►d�rrto�d expad�rt Y mro �xerdsa of the power ot seb e�nf�renad In
<br /> Pq�r�en►of kit�nst or plrx9pd on the WNgs► I end to dlrect the eaN of rt»prop�►1Y �+ph
<br /> (91 to ta�clore H�I�Desd of Truat}►dldNb a naijucklN Y
<br /> praprt�ph 20 h�nof M e0000rdenc�wim oPP�°��''
<br /> (h)to wt-oM CirntoP�OIAip�lbns apdnst�ny ertpunts owsd Qranla bN L�ndx Indudlnp,bu1 not Ilmtt�d to,monWs�Instnxrente,and cNpo 1
<br /> aaouMs melMatned wilh Under or any currsMly CxlstNg a luture aftlHate of Lsnd�r���.
<br /> (I)to�x�rdf�aH oth�r rlphts avallada to I.�nd�r undor any othor wrftten e8ro�rn�t y orcMr. In the w�nt that I.�nda InctR ot any l�o d���
<br /> ��� r{pMs w axnulativ�end mny bs•xardtsd top� �In enyectlon apalmt C3rentor�(irontor walws ths Poetln0
<br /> n�ov�ry o�any of tM Prop�rty wey of a pnjudDnMn at any�. Proa�da ot any Trusts�s sd�her�urxkr�hatl b� _
<br /> � otFNnvlw 6�nquksd. L�nd�r or s d�+ly�my��d�tha PropsAY ot th�Tru�t�e'�fMa actueqY Inwrt�d end not to
<br /> Ikst.to tFw oosts end�xpx+ws of ox�rdslnp tM pow�r o sal�and of th��aN�Indudrp 1h�Pa_y!?�lon�Mcund h�nbY�thlyd�to the peyrrnnt of
<br /> 1or In thls DNd of Trust secaM.to PaY�^�of��p°1 or any pvt ►�Y
<br /> trus dMdi,►►xxlpsp��car°tMr I�e,and ths bel�ncs.lt any,to tM pereon orp�rson�IsOaaY sntilNd thsrtlo. Ths pr°P�Y er her�In quited
<br /> - b�sold ki on�parad�or In auch Peroel��rronner or ord�r as Undsr In Re tols dtcx�ll(on meY�d�end on�or mae�xerd�eR of tM pow
<br /> - thell rat�xlk�dsh ar sxhaust thu power unl�ss the eMlro propor�y I:eold or ths obllgatbna ers pe�1d In tull,
<br /> 20. TRU9TEE'S EXERCI3E OF P01NER OF 9ALE ON DEFAULT: If Lender eNcTS to c�N Grentor'�Intsroat In ths Prop�ty bY axKdse°f�M p°M'K of
<br /> We hereln oontalned�L�nder�hall notl(y Truate�In 1F�monner thsn requlred bY law.
<br />— Upon noelP►ot cudi notbe of Lender and at the drectlon of Unci�r,Truat�s�haN caua to ba rocorded,Publlal�ed and dolNsnd such notlaaof��'
<br />-- �d rptbee of�ab as may th�n bo ra#�kod b1'law end bY thls DNd ol Truct. TtusUs ef►aU,onty at the dfnctlon of Lender end without ad�rnend� law,
<br /> afl�►wch thr e�may th�n b�requ�n+d bY law end attar reoordetlon of such notla ot d�feull and nitsr notla of�ele havinp���Ler�thaN doem
<br /> �sll ttr P�p�ty at tM tlme and pleca of�nla flz�d by N In such nollce o}sale,eftl�ar as whola or In�aparau bte a P�� �ds�d or deods
<br /> ot ti»Unitsd Stat�s ps aW�st tM une ol
<br />-- • �ind ln wdi orcMr as N may�temirw,el PubYc audlon to the hlphsst bldd�r for ca�In lawt�thenof Its qood and au
<br /> covsrwd or warrenty�oxprota or ImpB�d. TM rodtals In sudi d�ed ot any m0lt�rc or fects sheil bs
<br />_ �rtas oth�rvrls�may thsn bs requlred by law. Trustee ehell delNer to weh purd�sf�r P�a ��s at wdi eal�. Trus1N msy
<br /> w sdd�but without enY
<br />-= conwYkW 1hs„'�tnnhfulneaa thereof. My p��,lndudng.wlthout II�atlon.Orantu�Truatae or L�ndsr,tr�ay Pu
<br />� In th�menner provlded by Iaw poatpone eaie ot a�i w eny p��������•:..,._.:,.
<br /> �'1 ,.,.t r,.n un„rcc• r.�amer requests lhat a copy ot eny notice ot defaufl^e�nd e coPY����°��fl�h�a�a�T�st IM�reof
<br /> .. ......
<br /> ---- 21. ncvur..�...........__ �
<br />-�-'i- wlw b a partY hereto et tho addnss ol such person set ronn ner.m tl�.�w,�,�.�..--._......_ .
<br />..�� had been filed by each such person•
<br />', .
<br /> "s
<br />_;'r";'
<br /> Gp�3d6
<br /> • NE�OTC Rw.297
<br /> --- - -----
<br /> —
<br />, --
<br /> .._—�,,•,�,n.RV,.,..-..•�..-,-..-�....�.....-..�...�.q1�A�1-
<br />
|