|
--�..� , . .. — � .. . - =
<br /> .:,..� . , �, _ _ _- _--
<br /> .t�'_ • 'i .. , _' .i:� •,.a.rai�'�ui.sfri[`Yb"�r�,.�:L:� _�'=�.� �� ----- —_---- .__.._� '--ae�.ai�v:::._
<br /> .
<br /> "i ,
<br /> ... I """'
<br /> .
<br /> • ' _ . "' _
<br /> . . . ."Ays � µ��}� � . ,-.�--, ..�. . __'_____._.._.___
<br /> _ i�:F•.��... . � � . _ . . .... .. . _"' . ..:
<br /> :�."��:�� . . � 97� iO4f�3'�
<br /> � , ;.,� 16. TAXEB IlND AStiR$.4MENTlt. Ci��ntor shdl Fay�I tuns+�nd aNUm�nb r�l�llnp to th�Prop�rty vrh�n du�md Imrti�dl�t�ly provld�Und�r
<br /> ••.� ivid�no�c+t p�ym�nt af sam�. Uqon th�n rpwr of Undu,(3ranror�hrll d�pollt witl�L�nd�r�ch month on�•twNtth(1/12)of th�es�mRt�d�nnuN
<br /> ++ • Inwr�noa pnmlum,tmcea md�t�ammnt�p�rulni na to th�Prop�rty. So long as tl»r�I�no d�t�utt,th�N unounts�hall t»�ppllod to th�payrn�nt __
<br /> 01 t�xes,use�cmernn,nnd innuivns�e�c requlnd an t�o Prop�rty. In th�w�nt of ddauit,L�ndtr ehdl haw th�ripht,�t Itf sol�optlon,toapp Iy th� �_,�
<br /> fund�w h�ld t�pAy any tex��or►��1c�1�t the Obll�vtlo��. My tunda�ppllod may,tt Und�r'�optlon,be�ppll�d In riv�rss ord�r o1 Ih�dui dat� _
<br /> +� tJ�srsot. �
<br /> = tA. INBPECTIOH G�R pti4PHR1Y, lIA4K8, REGaAD8 RNA REPORTS. OrRnta sh�ll allow ��nd�r or It��p�nr ta�x�mine and Inukot th� _
<br /> Frop�rty and�x�mina,Inapsct�ncl mwko copl�o of Onntor'�book�md r000rds p�rtalnlnp to th�Frop�rty irom tlm�to tim�. Cirantor thalf provid� o
<br /> �ny�wltt�na rpuit�ci by Lvnder 1or thow purpoe��. NI ot th�tlynatuns and Inform�tlon cont�InW In Orantor's books and r�corda thall b� __
<br /> ' p�nuln�,trw,�ocumtn end compbate In W r��p�ca• �3r�ntor ahall nots th� �xlrhna of Unde'� bmNlelal inhnst In In book��nd rroord� __
<br /> p�rtelninp ta the PrnpeRy. Addit4�nl�lj�,Cirantor�hN raport,In�form aatisbntory to Und�r,weh Intormatbn as Und�r may rpwst npardinp
<br /> '` Gruntor'1 flncnciat cr.ndition ar thn F4e;r�rty The �nlam�tlon�hall b�tor tuch pelode,�hall nfl�ct Orantor'e r�cords at such tlm�,nnd shall be �,
<br /> ,�.�;�,;� nnd�rW wlth wch trnquenoy�s L�end�Dr may dltlpn�te. f!1 lntormation turnishud Dy Cinntor to und�r shail b�tru�,aocurQto and complzta in a�l
<br /> nspsota,nnd Wpn�nll�y t3r�ntor H l,endmr roqwets.
<br /> ���� 17. ESTOPPHL CF.1#TiFICATEia. 1Vftt�En ten (10) diys �knr�ny nqw�t by Lsndu,��r tyh�11 d�liwr to Und�r,or my int�nd�d tranN�rN of
<br /> L�nd�r'�tiphtf wlth t�O�feM to thT Oti��l�tlans,a ufln�d and acknowl�dD�d�ut�m�nt I In a)M�out�tandinp balana on ths Obllyations;�nd
<br /> ��"�..�—+� (o)wh•in.r Ca�aniw Fua�es�a Rny.de ms,C�f:nx�,eetofte or count�rdalma with ns�»cs to th�ObIlQatlona md if so,ths nntun o1 tuch clalme,
<br /> '*` dNansa,eot�otte ar c�urnercl�icna. Qr�ntor wlll b�conclwMety bound by�ny repr�ntttlon th1�t Under may make to the intendsd tnnaterse with
<br /> resp�at to theee matt��m In th�svent tha�t O�antor fiit�ro provld�th�r�qu�ttW ttaHmsnt In a tlmtly manner.
<br /> � te, EVENTS OF DQFAl36T. M El�nt o1 Dr�iult thatl xeur und�r thla DeW af Trusl tnd th�TrunN't pow�t sh�ll bocoms operative in ths ewnt th�t
<br /> � Grsntor,Borrowsr or any puaanSar ot the ObiipiHCna: `
<br /> M (�) f�ih to pay anv Obligation to Lender whm dw;
<br /> (b) Salla to p�Aarcn any Obl+y�lrtwn or bro�ch�s Ny wuranry or covanant to LoM�r contalned in this De�d ot Trust or any other pressnt or futun
<br /> �, apre�m�nt;
<br /> � (o) d�ttroyn,loeno ar damapss the Propoity In any musrtal nsp�ct or sub��cU�he Propertyr to sdzurs,confiscation,or cond�mnatbn;
<br /> �� (d) ssske to re��akA,torminate or othenvisa�mitR1 IlWilfty und�r sny puanntyto Lander;
<br />::-*Y;_: �' (s) dNs,b�comno��epnny�n�oomp�t�nt, la Oissohyd a tsrmfnated,becom�s Inalwnt,mdc�s�n�ss�9nment for th�b�nsfrt�,n which Cxarroor.
<br /> _.�, , p�ry d�bn u thny toacome de►e,fibs a peNlion und�y tM f�dKal bankruPtcY Nw�,hu an invotunfery p�Utlon In WnkNptay _
<br /> • @orrorre+�or rny 2unnntor i.t named,a haa pr�aprty t�k�n und�r�ny writ or praa+��of court;
<br />_ , . (� allaws poaix to be usocl.trenspaAed or��cnd on th�Propety,th�pots��tion,tnnsporbat3on.or usu of whlch,fc Illapal; •
<br /> _'S�.i �. , • (p) ulowi any Fm'tY odter than Grantor or Aorrow+r ta assums or und�rtak�any ObilpaUon without the written cona�nt of Lender,w
<br /> • i .
<br /> l»'Iltvl9 ty4t thn�pfp8pE0t M paymant�oc�pafiirminw,ls�mPca rW. �n�in ttue�yluo of tM Prop�Ry;or if Under,in pood h(th,1a any reafon,
<br />`=;�* ' 1�. RIGHTS OF LEI�R ON Ei1FtINT OF D�I�itULt Upon th�occurnnc�of an Ewnt of DNwlt under this D+ed of Trust,I.end�r shall t»�nti to
<br />` exercias ans or morr a�f Hie 1olk+rn�nfl remedien xithout notla or demsnd(sxapt aa rsquirsd by law):
<br /> , ,. ,�, (s) to dadu�tho 01�Iipatbns immedlsteiy dw hd payabw In tull,sudi axeNration shall be automaUo and immsdiate if tts�Event ot O�htuR ts •
<br />= • a tiling und�r the Bankruptay Code;
<br />_ . • � (b) to colleot th�autslending Obliflnttons wiih awifhout nsortinQ to Judkla)proceas;
<br />� '� ' (o) to roquin f3�ruitor to dulirer and mnke wall�trl�to Lsnd�r any p�nond prop�rty or Chami�oonstltutinp th�Prop�rty at a plw�nason�bly
<br /> ',-,-;;. '�, convenNnt to f3rrintor and lrender;
<br /> .. -.�+;* (d) to�ntsr upon end hke�fosNSSion of the Prq�srty wNhout tpplylnp tor cir obtainlrp tl»appointrnent of a reaiwr�nd,at L�nd�Ps option,to
<br />__',����a, �ppolnt a nwiwr witl�out bond,without flnt bdn�inp wk on th�Ob1lpaUona�nd wfthout oth�rwis�mMtlrp any�tutory oonditlons ropudlnp
<br /> _.� ... r�wh+ero,it b�inQ InbndW th�t Lsndx shdl haw Mu oonuactud rlyht to appolnt a naiwr;
<br />-- �.. +��, - (�j SO�ftlFNiiy i ii�'w'w'yi�:$.�'�i2 L�2t'..^.Q'.^.�.^""...', !"•�!wf fhw iurtf� Nfh��In TYUttle's own n�m�,Ifl Lh�nams of I..�nder or In th�rtam�of _
<br />--�'u r'f!.,.
<br /> �. . (i��ntor,�nd roc�iuo the rerM,Incomaa,iuu„and profiri ot th�Prop�rRy�nd ePPly th�sams.afhr p�ym�nt of tlt n�o�ssary eh�rqee antl
<br /> -=�:_`�.•,, ...
<br /> ��S}- xp�nsM.on Account of tfie Obllpatlona;
<br /> `;-.�;..�•,• �fl �Wy eny eumx In�ny torm or m�u�►r+a�cle�n�d�xpWi�nt by Und�r ta�protrct th�s�writyr of this DNd of Truat or to cun�ny d�fauR uth+�r
<br /> .____�il,.�: than PuYrr�rri ot IMareat or P�inclpal on ffio Obllyatlons:. .
<br /> (0) to foncloM thW Desd o!Tru�t�udiciply a nonJud�cu�0y and to dinct th� sak ot th� property lhrouy�i��x�rcis�01 ttf� Powsr of aaN n�t
<br /> -��::�' rshnnad(n paraQnph?A•h�re►n,In Aocadana with wpplloaDN law;
<br />_°--sti����
<br /> _ (h)to t�t�off Ciru►tnr'a Obligations wtinst�ny anounte owed Orantor by lend�r Includinp,but not IimiLsd tn,monies,instrumenri,and d�po
<br /> --�*�`+�� �xounts m�inhined with L,end�t or any o�rrenty�xiWnp or tutur�attillaw of Und�r;and
<br /> �:�t� (i)to�xt�oise�I othor ri�1Ha evofflable to Unda und�r a�y oth�r wrltten�pre�rti��t or applicabb law.
<br /> — I.�nd�f�rl9fi»an cumutt�tirs�nd may W�xerds�d top�thsr,Npu�bty,end In any ord�r. in the w�nt L'ifl4 Lend�r Institut�s�n�ction�klny
<br /> � -�"4""' tfi�nCOV��y of�ny of tM i'ro�rty by way ot �pnejuiiy���•ut i:mady ir�m actlon�qainst Cxantor,GraMa waiws th�poaUnp of�ny bond wh�h
<br /> —�'�=�� mipht ofh�rwit�br nquired. lend�r or UnWrti d��IpnN may purchafe th�Propsrty at any sds. Procerdt of any TrustM'�wN Mnuodrr
<br /> ^''=='`'""�� ah�l W tppliW flrot,to ti►e oosta and exptn� 01 sxsrdslnp th�pow�r ot tats and W the ulo,Indudinp tt��paymsr�t of tfi�TrustM's 1�
<br /> — - aatualty IncunW and not to exoeed the amoumwfiich may be provid�d tor inthis Ds�d of Trust,aecond,to payrtNnt of tln Ob�lyaUom Mcund
<br /> � h�nlsy,third,to tho payment of Junbr tmn dNds,morta�y�a,or oth�r llenhold�ro,and th�balana,H tny,l01h�p�roon er P�nona Nyally
<br /> „�_„-�„�;�d� entitNd thenro. Tha Prop�rly or any partth�r�of mty b�wld In on�puceS,a in wch puceis,mannsr or ord�r a L.�nd�r In ib wN dls�xNion
<br /> ��__ may�kct,and ona or moto exerclsra of tM pow��hereln pranted shall nat!exNnpulah or sxhaust ths pawer unlesa ths sntlro Propsrty it soid or
<br /> th�obll�etion�are pald In iuU. bY
<br /> -- m�y d�du�all sum�sRaecured her�eby Immedl�EOdt�ul��P y��an ahallkaus�to be filied of r�oord a v ttOblinoUa d�fauR u►d�t�ctton to
<br /> �����prop�ny, /,}Mr the�ap»e}such tfm�a�th�n may ae required by law bllowinp neord�tlon of wch noUa ot d�iwk,�nd noSlo�of tW
<br /> havinD b�sn piwn�s tt►en rpufred by law,Tmstos,without damYnd on Qrantor,ehall�II such Prop�rty,�ilher as a Nfioi�or in Npartl�parc�ls,�nd
<br /> ~�� in such ord�r�s It or I.�nde may dstsrmine,at publlo�uctlon to th�hiphest ddder. Trust�e may postpona ttH sa1�of vl or any portlon of th�
<br /> �— Property by publlo annmunament et the timo nnd Qte�ot.�,:!s,ar,d from tima to Ums thsn�fter may postpone the sate by puWio announam�nt�t
<br /> th�tlm�and plece Hx�d by the prscedinp ponpoMm�nt. Truafse shdl dsliwr to euch purcMser Its dNd eonwyinp th�prop�rty,or portlon th�nof,
<br /> ---- eo wid,but witttout euiy covsnant or warrRnry,�xpnas or Implled. Ths recttets in tuch dsed ot any matt�re of fact or oth�rwi»,sh�ll b�condu�iw
<br /> prpof of th�truthtuln�w th�rsoi. My p�non,Includn�(3ranta,7rustM or Lend�r,may purchase at such ssle.
<br /> - � 21. REWIEST FOR NIdTICL�B. Grantor roqwet�that�copy of any notic�o}d�h�ctt�nd a copy of eny noUos ot aate hsrounder W ma1Nd to sach
<br /> ::�-� p�non who i�a puty hento,at ttN eddrose of auch penen a�t forth h�rein at�t�e tam�tim�and In th�sams mann�r nqutred as thouph a esptrat�
<br /> - -- raqusft thenof h W bNtn ltled by su�►euch p�raoe.
<br /> �T x— ?2. SECURIiY INiEREST UNDEq THE UNIFONG COMMERCIAL CODE. TNs Deed of Trust shail be�onsldersd�Nnancinq ttdt�m�rtt and�
<br /> � flxturo fillnp pureu�nt ta the proviflona of tf»UnBam Commerclai Code(w adopted In the state whers ths Propsrty la Ixfted)co�rsrfnp Tixtu»s,
<br /> ';�"u,��� ropj�so�m�nb tl►�nof�ar d add bn�tl�►ereto(1M GiattNs"�derOrantor�h nby pra b Under a�cu ir ty Intx tt�n su�Cha�ri+�ah�Th�d�bt�i��'
<br /> ..'�-.=..���'°ti Gnntor d�faib�d above. TTro acured parry I3 th�Ls:ider deacribsd�bow. Upon demand,Grentor shall enake,ez�CUb nnd daliwr auch a�CUrtty
<br /> :�;,:;•:i�Ztx �prNmmta(ss such t�rtn fs dolirnd in utd UnHorm Commercial Cod�)as lendK at my Ume may dNtn n�ceswy or proper or rsqulrod to 9nnt to
<br /> :�:�;.�-, _._ Under�p�A�eNd s�cudty Intorest In tM C'.tiattats,�nd upon Grantor's fail�n+e Yo do oo,Lsnd�r Is�uthorized to sipn any such aprNm�nt as tf�ap�nt
<br /> .,.�•� .'� of Grentor. Crantor h�rnL�y authorizea l.en�nr to fiN finuidny sta►bmeMa(a�swcA tstm is dHin�d In aaid Uni4orm Comrt»rcid Cocl�)with rsapat to
<br /> -`'`°'�� � the Ch�rid�,+t�ny tlme,wktwut th�stgne�tun oi Gr�ntor Grantor wlii,hovwvs�,�t any Um�upon rpwat of Lend�r,sipn such finandnp trit�menb.
<br /> t
<br /> "��>M.'.:«,�. � Gnntor will pay ul Hiinfl fest for tfie fillnq of woh finandrp ssri�m�nte and to�tM rofilinD thenof at th�tirrNt rsquirsd,In ths opiNOn ot Lend�r,by
<br /> •�• • sald Unitorm Comm�rclut Codo. M the Ilen of this DMd of Trust ia nubJ�ct to any escuritY epn�rthnt cowrinp th�Chatttla.th�n in th��wnt of any -
<br /> '� '••� dtbuR und�r thit D�sd ot 7rust,�I tM rlght,Gtl�u�d int�n�t of(irantor In and to any end dl of ths Chattsit b 1»r�by�uipn�d to UnWr,t�th�r
<br /> � ' - with th�b�neiit o}any duposiu or payment�now or h�natt�r mads M�mof by(iranmr cv the pndeosssore or euxss�on in title of Gruiwr In ths
<br /> .;.: , -= l,oir ' Properry.
<br /> �;�-,�� 23. REIMBURSHMEMT OF NAOUNTS E�fPENOED BY LEHDER. Lendsr,at Lender's option,may exp�nd tunda pncludinp attorneyd fees and ispel _
<br /> _._2 i �xp�nsy)tp p�rlprm�ny act requlnd to b�Uk�n by(irantor or to�x�rds��ny rlyht or nmdy ot Lendsr under thls D�ed of Trust.Upon dsmand, _
<br /> - - ...�u.i..r.w�ti..nn��Hu Irwu�►n}kw hlnh�tl�1L _.
<br /> � - ; ;4`-� Grantor thdl Immwut�ry re1TDUtM LenQN lor an wcn amwrtis in�ss��:`v�,:�.::,:..�,.:::.. ....... _.-- -. ._ ..__._._. - . - .
<br /> • • �� ` dacriWd In any Oblip�tlun or th�hiphest nt� �lov►�ed by Itw irom th�dtt�of paym��t until th�date ot relmbursement. Thew sume shall b�
<br /> ' Includ�d In th�dellnitlon of O�I�p�tlone hsrNn and shdl b�secursd by Me WMNdaI Inter�st prantW h�reln. If ths ObIlDations en pald aftu th�
<br /> Wpinnlnp of publicatlon ot rtotlw of t�Je,aa hsrNn provld�d,or in th��+nnt Under�halt,�t i3�sot�option,permit Orantor to pay nny part of th�
<br /> ' � Ot�lipatbns�ft��th�b�,lnninp ot publication of notid of u1�,aa h�r�ln provid�d,thsn,G�uitor ehall pay on demand ali�xp�nse�Incurcsd by the _
<br /> � T�uttM�nd L�nd�r In cannect�on wftfi eiJd pubtic�UOn,Includinp n�sonabl�attorne}n'fees to tt��sttorneys tor th�TruEts�and tor th�tender,md�
<br /> � + nl�ton�bN tf�to the Trut�tse,and this Dtld of Ttu1l sh�ll b��acurity for all�ucfi�xpen�ey nnd feee.
<br /> • � 2�, APPLlCA'fiON OF PAYIAlNT9. All parntnN rttade by or on b�h�M of Gnntor may b��pplled�palnnt the emounta paid by Undsr pncludinD
<br /> • �ttorn�'tNS�nd I�yvl ex��nHt)in conneCtic�r,ith the exercix ot Ite riphts or rsmWlsa desenbed in thfa DNd ot Trust and thsn to the paymont
<br /> of th�rsmalnlnp Obll9aticsns I1i whitrv�r orda LenE�r choost�. ,
<br /> • 13. POWL`N OF M'YONHE'Y. Orpntw f��rMy �ppolnta Und�r as Its attorrnydn•fect to endors� (3rantor'� nama on all Instrumente and othe
<br /> docummtt pertNninp to th�Oblip�tlonf ur DNd ol7ruft. In sddition.Under ahdl b��ntitl�d,but not nquind,to p�rtorm any acUon or�xsrut��ny
<br /> ' document requlr�d to be taken or �xecut�d by Orantor undsr thls DrW o!Trust. Lender's p�rtormana ot euch sction or �x�cution of such
<br /> docummt��hntl not nliew Gnntor trom�ny Oblp�tion or cur��ny�iNiult u:�da this De�d of Trust. All pow�rs of ettarney described in this asd ot
<br /> ' Trust ar�coupled with m Int�rett md are irrwoca6l�.
<br /> dschar�id wCf�th fu�de rdvanC�d by L�ndi�rpicdb.�1bw��hi�r th�s�Il�nfh s�CU i4y in�'�tt�o othir�cumbranc�s haw ibNn nl�as�d ot ncord
<br /> . I LPNE�nC �f ForrMeon TNnnoqp�ts.int p tlO�W) IEOfA BJid799 Peg�]of�
<br /> a
<br /> �
<br /> �
<br /> ' 1 . . .. . .. . . .
<br />
|