|
5 .. ' �-r^� t*_�.': a CS"r"'�`..�:
<br /> j'�,c,i_ },�.,K -' ---�—� .--- - -- . - r- -- - c - _ t
<br /> " �Y ).�L tl - . � , ' �lo- p ` �
<br /> ;. ; 4 . . . _ f ���R _�� �c , T p E.
<br /> . 6• ...�- ,'v—�.� �'. - l.' ' t ' ' ' t K..y. �` _ � �:l'.�•A) �R .t,.�'
<br /> < _,w�G��,'� �. n �{ -� , � Y•e
<br /> `:., ,�: �.
<br /> j �
<br /> - `;�.�� 7.�t OomsIn.O.ender b hereLy es�igned e!f compen�don.awards,damaSes mid ather paymenta or retief lhareinafter'Pmceeda•) '
<br /> tn connet�ioc�vuith wndemnat[on ar otber tatdng ot tha Pcopeny or O�t tt�ereof,or tor convaysnce In tieu of condemnation.Lender shaU
<br /> tstmn ot datnage�.Lm�der sAat1 have the a�oR in its sale and aDsotute dLsc�etion.to epyry a0 sueh i4ocaeds.after deduc�n9 theretrom � .
<br /> .f�r.�.: e11 eosts and e�egs�in�vrrad Ey it in ooMectirin v+rttk sud�Proceeds.uaon enY indebtedne��Aereby and in such orQer as ;`-.
<br /> . �{
<br /> :'r' �Lender may detertnine,or to eAPM eU su�Pcaeeeds.after�u�dedue�Ions�.w tha restoraHQn of Me i�toDertS►�Pon su+ch oortditfons as `�:' : .
<br /> _�a `. Le�fQar may determtne.MY BD�n ot Roceads to inQeAte�eess et�ell aot ertend or pastp�ns the dua date of eny P��ts under > :
<br /> . ' . �the[�ote,ot c�ue anY detautt tRereu�►Qet cr hereunder.MV anapAffed funda sha0 Ds paid to Trustor. .
<br />������: °� -`+ ""�, 8.Rartom�ance 6y Lertdar.Upon tt�e oeaurence ot an Event cf DefauiR Aereunder.ar i!anY act is taken or legat proeeedinS .
<br /> ..�� ��' `,'} ` �eommenced vfiIch materlaRY aftecte LendeYe interest in tRe ProReRY.Lendar maY in Tits own disastton.Dut without obIIgatidn to do�.
<br /> , �• .
<br /> �end without notice ta ar demaM upon Trustoc and without[eteasin9 Ttusmr icom snY obHgatioa.do any act which Trustot has egreed , 4
<br /> - • • but falls ta�Qa�d may eTao do enY otl�er act it deems nemsssrft to prot�aT the seauity hereof.Tn�tor shall,immedta�l upan demand
<br /> .. � thGrefar by Lender.paY Yo Lendar eU eos[e and exPer+ses ineurted and suma�cPended DY Lender 1n cannecdon with tha exer�iae�N — ; ;-.
<br /> ' � � ' �- � i.endet of the foreSoing�[ghts.tageUtmr H[itA interest ther+eon at ffie detauh�te provided in tfie Atota,whieA�aU Ea adde�f to the �3�-T
<br /> �--^� �inQehtedness secur e c!hare b l►.l e�t der s t�a 4 rto t i nwr a n Y G a b i l i t Y Q e c a u s a o f�y t h�n g it ma y do or omft io Qo heteunder. •.
<br /> .� _ ro � _.
<br /> . , � S.H�erdous dti�taTs.�rustar sheD keep tl�e Froperty in wmpB�ce wftlt a9 ap�euble taws.ordinences end reguWtians ceiating to
<br /> ; ���;<.6¢: � �L. . ituluSMal hy8iffite ot envtroame�ttal D[otecflon G�aQectiveht tetetred to herem as'Envirorunerttet Laws'!.Trustor sAaU O�eep the PcoDertY
<br /> � �� trea trom a!f substas►ees deert►ed to be ha�rdous or uxtc under eny EnvironmeMat Lews�coUaeNveiy�efened w herein as'Itaiardous
<br /> �.';s:' ` Materials•).Trustor hereDy warrants and represents to Lender thaY thera ere no H�dous Matetia!on or anQet the Ptoperty.Trt�stm , �•�:
<br /> �.. � � hereby egreea to(ndemnitY eM hntd harcNsas Lettder,hs d'uectors.offtcers,employees and ager�4s,and any suaessars tu Lendet's �.�s:_=
<br />;°�v�1�4'��: .•: :,�'�`� interest.fmm end egainst anY and aU cteTms.dmnages.tasses atM Gabt6tles aris6►S in eonne�tan whh d�e presence.use.disposal or �"�"
<br />?:,:f��.�i�:`;.,..; ���. ue►�sPuR of m�y HamrQous Maceriafs on,under,tmm ar aimut tAa F4opertY.YHE EaDREC0IAIC,WAR�iiANT1ES AND REPRESB�iTATtOtWS. �� `sT
<br /> _ �..:
<br />=:'f���:?,�..:: ; G.. .�; AND}T#tUSTGR'3 QBi1GATtONS FURSUANT TO THE PDREGOtirtG INOEMNRY.SHALI.SURVNE RECONVEYANCE�F THiS 13f�D OF —___
<br /> �
<br /> .f: T[tt!a��sM of Re�te.Tn�sbor Rereby assl8ns to l�Qer,and gtents Lender e seeurfcll irrterest in.aD PreseM,tuWre and aftet � �
<br /> t_ �., , rts6lg�ents.issu�and protits of tAe RrogQCty;Ptovided that Trus[or shaii,urtG7 tAe accurrence,of m►�+r�t of Defauit heieeunder.have . ��`
<br /> . . ,. the�igM to colteet and retain such rertts,�sues and p�oflts as they 6ecoma due and paY�te.Upap's�s aa�rrence of an Event o! ` "
<br /> - . ,�`.. .' _ - pefautt,tander may.eItfler tn person or by egent.wtth or vvnhout 6rU�gine mry ectinn or proceedtn&�r.Csyr�ceceiver¢ppahmed by a
<br /> .�."•'.-.`.::
<br /> � �` court end witliout repatQ to�he edequaey ot its security, errter upon end take Fasses::�on �f the Ftc�eiry.cr:ny,ert�eof.in fts own
<br /> ,:.��.�,h,,'. mm�e or in the name of the T�ustee,st�d do mry acts whieh it deetns net�ssa�y►or des"s�ota to,preserve tne oalue,in..�cetaEJity or� •.. � _. �
<br /> :.e: ; ti�eraat or dsterssc thsreh�,ar to ksuoase ths trteomslfsersBom or protect Me securtt�►hereat anil; , .. 'iY� '-
<br /> .�= rmtt�ty oi ti�FroperiY,ot enY P� >,- :
<br /> ' °: witA br wiU�m��?dn9 possesslon of the Property,sue far qt othetwise co4ect the rerts.tsstt�s arid prafcts theteot iactvding thase p�(t . �—
<br /> • - - • du�and.ur.�l�i notifYNB tenants to maka P$Ym�to L�der. Lender maV ePPN rents.Issues and profEta.tes9 costs and e�ei�� . : ..�:'--
<br /> � � ��-�c�r:r¢t:it�Hectfon indudirtg ettomey�faes.w eny tnc{etrtednass secured herebY,�.�sur�oider�as Lender may determine.Z1.� '_' ,� :
<br /> -l�` etrr�r�.u�xa��taki�9 Possession of tAa PropeRy. the coftectton of sucA rer►ts,tasury:r�r�1 Profits,and the eppfieaSon tRereof as ��.:�
<br /> - ffi a�e s e;���t i;u�t�ure or waive m�y Refau}t ar nottrs of d�fautt fi�eunder or invandapg�.::y�act Qone tn�esponse t4 s�ch deteutt ar . . ;
<br /> �t
<br /> �::.t,.
<br /> p�;�i,�3�r�fe;�sotice of defaui2 end,notwithstanding tl�e eor�tinuance in possessEon�'f�the Property or t��e cottectton,re�eipt�d . }t__
<br /> - .' a�p1i���i^�ts. iasuea or profits.lrustee and tende►shall be entitled to exerdse every d8M 0�ed!or i»snY ot'the Laan =
<br /> .. "•�P; : tnstnrmenta or by Iaw upon occuRence of any Event of DefeiRt.inctnding withocrt limitation the Kght:v�.exerctse the powec of sate. , �
<br /> � . Eei,��r,LendeYS�fgAts and remedies undar thfs 0�9�Afi strat!6e cumutatUia wRh,and tn no way a G�i[!on on,Lenders dghts and =
<br /> .' - �dies under any essfgninertt of leases and rents rewnded agatnst the PropeRy.tender�Tn�.stee end the reeeiver shafl 6e Iiabte to -
<br /> � ~• : • , �unt onty tor those renis actuaity recetved. ,... ; __
<br /> ' .•.�;.: `:. . ..` 11.Eve�+nt De7sidt.The totlowtng s�ail constitute ert @�a,t of DatauR unQer thts Dead of Trost: •. ' --
<br /> .� 1 :� (gy F�to peyr any inslaftmeM ot pdnrdpal ar inteieSiiaf any oiher sum secured hereby when Que: _-
<br /> . c?'..i
<br /> ...,S (b)A.�aCt�of or detaut; unQer any proviston cuntaG�ed tn the t�,thts Oeed of Truat.any of the Loan Mstrvments,or eny
<br /> �. �; other fian at ericumbrmice upan the Property: � ' + •�
<br /> :i j,.: ., . �;:.j� ;,. , (el A wcit af exe�vtibn.oi ettachment or any s(miiar process ehaU be entered.�drrrst Ttustor which shail beaame-�•tlen on t�a �• ' ,,ro'-- .
<br /> s , �4 . -,�;�AroPerh►or any poracnthiefebf or interest the�ein: `�� � _-_--
<br /> �. '(tU'ITerq�SAaii 6e fifetl W or against Trustor or Borcawer ers actfon undet any preser[t or future feAet�,state as'dfher sti�a.l�w'
<br /> ,',�: ::�. ` ' :� -� or regutattOn reTat(ng to b�laupbcy. lrtsotvertcY m other reUef for debtors;or tAera shaD Ce appoira3ed ars}l trust�e, rc3cetver ai —
<br /> ',,�S Uqnidator of Trustor or Borrower or ot all or any paR of tha Pcoperty,or the rems,tssues or profl[s thereof,or Trustor o► Qomawer� _
<br /> ' - ' .. ,.:f shalt maka anll generet as�ignment for the 6enafit of c�editors: • ,,._
<br /> � ie�The sale,transtet:i@�@�.�(gnmerrt,conveyence or tt�rMer enwmbrsnee of�or eny Part of or enY htterest in the Ptoperiy.� �..--.
<br /> �. ,' efthe►VO({[l1l8tily Of irtY0lAiht6l�l.without the e�res9 vo�(tten conser�t of lender,provtded that Trustor sdaA be pennitted to e�cecate , �,,.
<br />- � �;+ a tease of the Ptoperty thetiloes not Contain an option to purchsse end tha term of which does not exceed orte year. , �_
<br /> . :' (fI Abandonment o4 tAa Proporty;or =_.
<br /> : ,�: (g>If Trusfor is�ot an tndividua),the Issuance, eale,tranater,asst�ment, comreyec►cs or ancumbranee of mora thm►Gf o _
<br /> .����,.= corporation)a tota!of pemcent ot it9�ssued ond outst�ding stock,or(if a paRnerahip)a total o!�(��percer►t of ,
<br /> • ' :::� partnership(ntereste,or a hed IlabtQty company)a totai of x/A percent ot the Hmfted tiebility corr�anY�nterests ot va�.g _-
<br /> .. -; :itghts durtng tlte Perfcd thisp' af Trust tematns a Uen on the Property. . . . . �`-
<br /> ' � '� � 12.RemedIsss Qccatertl�'�RtDon Defa�dt.tn tAe event of any Event of�atautt Lendex�mZy.wltt�out rtotice.exceat�raquired by taw. E •:.
<br /> ���..•t,-�� �Caetare all tndebteQness seccrred.dareby to be due an0 payahte and the sams ehaQ�'.n:'c�Don becom�due emf pa�We wishorx•�:y `--'
<br /> . .r•' preserrtment.demand,Protest or notice of any kind.Thereafter Lender� ' ' .� ' ; .
<br />- � '`����� (e�R�ctt.yn0 that Trustee exercise tha POYYER OF BALE grantetD�siein, and Trustee shaD thereafter cause Tiustore�icrtxua�t ;:_-
<br /> � '' ��` in tha Pra�riR!►to ba sold an0 the proceeds to be disuibuted,ali in the manner provlded tn the l�te�raska 7ruBt Oeed»Act: � •..� • �-��°
<br /> i�� (p)6cere(se enY and ell rigAts provided tor in any of the Loan tnstruments or by law upon occurranca of eny,Cwi�.k".:of �;�°.s
<br /> .. . . .. i Oetauh:aM� . . , �,..;-.
<br /> T �"-
<br /> •' : � (c)Cammence an aCtion to toreclass thla Qeed of Trust ea a mortgage, eppoint e teCeive�,Or speCiflc�lty�•w:�6C�'E°se, � `-_,
<br /> ... >�;�.�d�'.,�: ': COV8f18p�9911Qfoot. � � � '. � 6'•..
<br /> �•°}'�Y''r`• •• i No remedy heeotn aonferre9 uDOn or�esatvt�to Trustae at lender is im�:ded to Ee oxcluslve o4 eny other remeQy heretn.In�.e Se�an � �,,?:
<br /> �.;:�1;:,;,
<br /> Insnuments otbY�aw prov(ded or pertnitted�ut each ehall be cumutat(ve.shatl�ba in aQditton to every other temedy givan fiareunr�r,in _
<br /> � . the Loan fnspuments or noiv cc horeafter exfsttng at taKr or in e8ufty or by statute,em��ay be exercised concurrerrtty,MdepanderKry or•
<br /> '. successivery. -
<br /> , . .. � ��...•r; �: 13.Trustee.The Trustee anay restgn et any ttme uvttRC�s:rt ceusa,end I,erider may at any time and whhout cause eppafit a auceessor -_
<br /> "'���� ' or subatitute�7rq9tee.Trustee at�atl not be liabie to any partY,inc4ttding tic�tGUt limiteUOn Lender.�arcqpver,7rustor ot arry purchsser of -
<br /> � �•":�Z�,,,, .. �. •
<br /> .;;1:;�;:�� � the Property,�tor any toss or damege unless due to recktes,9 or vullliW,miacunduet, end shaA ncr��a�tirad to take eny aedon in
<br /> � { connectioe with�lhe enforeement of thts Oeed o!T�ust untess tndemnitic�d,tn tivriting.tor aU caste,��iurt8�tion ar e�ens�whlcA may . .
<br /> Qe associated therewRh.fn addfNon,7rostee may become a purrfirS�aR eny sate of tlfe Propasty�fy�s9a1 or.u�der.the power ot ssle
<br /> • � �� ` gremed hereinl3 poatpone the nale of ali or eny portion of the Praperty,ea pravided by taw;or seD the ProperN ea a vfiolo,or in cegarate
<br /> • ` � parcets or t4t9 al Truatee's discretion. �
<br /> • 14.Faes eAd Fspan�os.ln Ma e+rent Trustee sefts the Proporty by exercfse oi power of eate,Truatee shaD be ent3Y:ed to appiy any tl�la
<br /> proceeAs iirot•tn payment ot efl coste end eicponaes of exercistrtg power ot aeto.incfudb�g a!I Trustee's fees,and Lenders and Tntstee'a
<br /> attomatila fees,actueity incurred to ex4ent pecmitted by epplieebie few.tn th0 ever�t Borrowet or Trustor exarcises any�tght provlded Ey - -
<br /> taw to curs an Event of Oetauft,lendet ehaU 6e entiited to recovar irom Trustor efl costs and e�enses actuairy incuRed as a resutt of
<br /> � ' � � � Trustore datauR,tneiuding whAout IimPtaticn a11 T�ustea's ert0 ettomeV's fees.to t�e uxtarn pertnitted by eppticebte tauv. �
<br /> � 15.Fntr�ro Advmice�.Upon request of 6orrower.Lender may,at ite opUon,m�e eddiilonet and tuture advaaces and readvances to ._.
<br /> Bonower.Such advanees and readvances,with tnteresi therean,shaU 60 secured by this Oeed of Trust.At no time ehall the prineipel
<br /> �� - .. emuunt of the indebtedness seeured by thts OeoA of Trust,not tn�uding sums aQvanced to proteet the seeurity o!V►I�Ceed o!TruaL
<br /> � exeeed the odginai princfpaf amount stated herein,or 8 C3g,q00.40 ,vuhtchever is greater.
<br /> , • ' . �.
<br /> . f�C84S78 0'�a0flulhuel Ceam Rov.8196 �
<br /> � , 1988 fta7tanti Bsiftot Cammma Truit OnA Sa+Maf A�mtlmtmr.ttnmhnitc0rostn �:,.
<br /> ..
<br /> r�,'' , ' � ��-r.... .. . .. ,. ...-. . ..__ ._ ._. ' --. . ..___ . _ __--- --_. ... ... _, .,.. . _...--- ... ,
<br />
|