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��- .t�gtr2 .':.. '.s.: �: ...... -.�' - I::r,:.�.. +LS.a�+•Ss -n_ ;.:� -.c:' -c+: <br />r <br />OB.Oa -1988 DEED OF TRUST Page b <br />•• t ".. �8f1 rd0 7sa�4i (Cota�iftUedj `�ee.�+�:'• �� . <br />FOINCER ASSIXIMCER ATtORH 49-FACT. The following provtstans relating to tither assurances and euomeyan -tad am a part of this <br />DeadofTatst <br />• = Further Aasu=ce& At any time, and from time to time, upon request of Lender. Tnsstor will make, oxw to and deliver. or will cat tss to be <br />made. mmou►sd or dalllrered. to lender or to Lender's dmftra% end when requasted by Lender. cause to be Mad, recorded, M204 or <br />rerecordsd. as the ease may be, at such ftmas and In such of o and platss as Lender may deem appraprlats. any and all such menages. <br />deeds of trust seaulry deeds, seeu dy agreement, financing statements, continuation statement % instruments of Rather assurance, eerfi8t G110% <br />and allw doeernants as may. in the sate Opinion of Lender. be rmemy or daftabte In order m ettectuste, compieta. pu luk continuo. or <br />preserve (a) the ob%dons of Thaler under the Not. this Deed of Trust, and the Re Documents. end (b) the Cans and ssar(ty interests ` <br />created by this Dead of ?rust as first and prior Us= an the Property. whether now owned or horeattaracquhed by Tauter. pulses prohibited by <br />taw or agreed to the contrary by Lender In writing, Tnrstor shell rehnburse Lender for aft east and axponsos incurred in eonnectisan with the i <br />matters referred to inthis paragraph. <br />Atta any -FsR If Tnrstr tai's to do any of the things referred to In the prawmng psragaph. Lender may do so for dnd in the name of y <br />Truster and at Tnatoes e3ponse, For such purpose% Trusfnr homby irrevocably appolats Lender as Tastofs attamay- In4aet for the purpose <br />at making. executing. dog raring. filing, retarding, and doing all other things as may be necessary or destrable. in Lendefs sets opinion. to <br />' - accomplish the mallets reterrad to in the preceding paragraph. <br />RILL PEAFORUMCE If Tnrstor pays eA the indobtadnass. Including without O WOn of titlirs advsntas, prim duo. and otherwise performs all <br />Me obQgatians Imposed upon Truster under tits Deed of Trust, Lender shall axacute and duitivw toTrusue a request for W recommysm and shalt <br />.. exu:art and ds4ver to Tn mtor suable statements of fermhmtfon of any finned statement on fie evidencing Londefs security [nWW in the Rent <br />and the Pmsonal Properly Any reeomrayanee tee required bylaw shall be paid byTnrstar, it permitted by applicable taw. <br />_ ... + Who option of Lender, shall constitute an evert of default (ward of Default°} under this Deed of Tnstr <br />. DEFALLT. Each of theiollo.�.ng. a p a - <br />Defmdt on fndebtadnasL Fallum of Twstar to make any payment when due an the Indebtedness. <br />DefluM an Other Paymantet Fallure of Trustor within the Oma required by this Deed of Trust to make any payment far texas or hmuanc% ar <br />any odor payment nscessary to prevent filing of or to effect duscherge of any UerL <br />u:...; COUrpslatuat Detatdt. Famre otTnator to comply with any other tame. cb% Ooh, covenant or condition contained in this Deed of Trust, the <br />Not or in any of fhs Related Documents. — - <br />Fats Sbftmente. Any warranty, representation ar statement made or funfted to Lander by or on boW of Tooter under this Ooed of Trust. <br />the Not or the Retard Docummds is false or misreading In arty material rasped, either now oral the time made or Mnished. <br />ft%C ve won. TM�d of Tntst or airy of tha Related Document ceases to be in full taros and effect (tt>ctud►ng taUure of any <br />cfttwW documents to crea>ya avtl ,id poftW security interest or lien) at any time and far myreasom <br />DWM or trttotvency. Tho do o#iusfc ft tnsohrency of Truster. the appatntmett of a receiver far any part of Tnistofa propruty, any <br />assignment for rue bones of`credftar9, am %6 of creditor workout, or the commencement of atry,proceeding under any t edwptcy or •. <br />Insolvency taws Cg or against Truster. <br />ftmdosure, Fotff� et& Commencement of frredosure or toRaltiue precr+du gs.'wi by Judicial ptCeeauIltmg. soB- ha�ti; spa assio i <br />warty other mathad, by any oceacr of Tnator or by arty govem:rtentel agency against any d ft Property. However, this Sul2MMW -shaft not <br />., 77 iE 01Y In the ownt of a good rd%disputa by Thustor as to ft vaRMY or reasonableness of the claim which Who bast of ftftocloswe or <br />foYeWtwo proceeding, provided that Truster gives lender written notice of such ctolm and furnishes reserves or a surety Wofi.i the claim <br />Y satfstCtorytolender. — <br />Breach of Other Agreement.A breach byTnator under thoterms of any other ageamert between Tnustor and Lander that is not remedied <br />- .. .... , Arrtryy <br />wttMn any grace padod provlladVXWn, including without OmMon any agreement oonceming any indebtedness or other obilgetlon of Tnsfor <br />to Lender. whethar aftlI g m3epWr seer. <br />C:wertte AfteCUnp Guar 'ixc9 at the prtceding everts etas with rospad to arty Gu Kr2r d any of the Indebtedness acri Guarantor <br />on or orravoka or disputes the vafl ft of. at liability under. any GUMWrP fof tho tndebtdness. F,errW. a! its option. F <br />` .. •.} %:.r, may. but sW =be requ adfo. permit the Guatartafa es<at to assume.f— flmQHoneUy idra obttgations Sam under the iraranty,44- <br />marmsr so.�,. -eta Lender. pd. In doing so, cra the Event of Detain <br />maeccrtty. Under in good fwh deems Mail Insecure. � <br />FAIIitf to Care. if such a faRwrosts cumbts and B Truster has nc Lraan given a ACU� of a bn�p ri of the same pprovbion ottft 4 deed of That <br />w�tdn the preceding NteNe (t months. ft may 4s cured (erg ro Event of Default wID have occurred) it Tr stor, after Let:r sends written .T'^ <br />' nctioa demanding are of such (a) cures the far m YMNn tan (T0) days; or (b) N the Cute requires mare than ten (t0) a y9. immediately . <br />initiates steps sumdent to cure the tafturo and thereafter continues and cones all reasonable and necessary steps sutUclard to produce —_ <br />compliance as soon as reasonably practical. <br />- FUIS 6Tr'8 AND REMEDIES ON Di FAILT. Upon the occurrence of any Event of Default and et arty ESrm thereafter. TlnSfae or Ladder. at Its cotton. <br />aM awe any one or more of the following rights and romedios. In addition to any other rights cr c�edles provided by taw: <br />Acceterelton upon DafWt; Adotlonat Remadtea. If my evens of default occurs as per Wi ¢erns of the Note secumd WZy, Lander may ' <br />declare ae tndabtdnoss secured by flits Deed of Trust to be due and payablo and Ono same shag thereupon become due amt payable without r, <br />r any prerardmartf. demand, Protest or notice of any kind. Thersetm tender mW- ` <br />(a) Mer in pmson or by agent with or without bdngtng any adon or poceedin% or by a receiver appointed by a court and without , <br />regard to the adequacy of lie security, enter upon and tales possession el the Property. ar airy pail thereof. in its own name er In the name _ <br />of Trustee. and do any alb which if deems necessary of deacbt to presence the value. amocetabitify or rentability of the Property, or part <br />of the Property at intOW In the Propertt Increase the Imme ftram the Properly or protect true security of the Property; and, with or without <br />takin8 possession of the Property, sue for 0 otherwise aoW tho rants, issues and profit of the . including those pass due and <br />unpaid. and apply the Sams. toss cost and erporuses of eparedion and coOactlon: indudtng affarno ee to any Indobtedrim seeumad <br />by fhb Owed of Trust, aft in such order as tender may determine. The ortMng upon and takhfg possession of tho Propo' rho collection <br />LEM any default or notice of default under th Dead of Trust of dafaWj and. notwuhstandfng tha continuance in issues or praUb, Trustee or Lander Slid be editd to <br />on the oocwmnoe of army evert of defatl4 Including the <br />to mrereL50 the pov►er of sate; if <br />- . , er, <br />