|
�..+�*.:,�,�----� , .
<br /> � M\L+ K'F .
<br /> ' y�..�, �k� . . .. . ��.�."i-cn�.
<br /> { �.. f�, ' "', 7�uir.�x,.,n
<br /> . �, . ..r►S�ur��fiw �YUd��a: �. - +a,., - -- -- --- -
<br /> . _ 'W4 uJ i •`-••�trY+r�r�-�Ir.ti "..t�rt` ` .- . —_- --. .
<br /> _ ,rOW�Y'�{A15.'J,�i 1�,`iu�W7ili�a.��:.� .�.•�T'�` �`�M. �,��,__,
<br /> �.� — ---_-- ___ -
<br /> .y;,
<br /> _ -_- -_-y" ��.�a�s9e�.��__-
<br /> .,..��...�...�...�....w-ii�w:�:r+i.. _ -n'r...R.7JC9-._. ,.._,...,.- �-.
<br /> � 98-- i�r�1�
<br /> B. All futuce+idv� from Brneficiary ta 'lYuctor ac othe�future abligxtions of Trustor to Ben�ficiuy wrder aqy
<br /> promixsary m�to, contract, �uu��ty, or othtr avidrncr of debt exiating now ur executod�ftrr�hi�[k�rd of TrWt
<br /> whether or not thle Deed of Tnut ia specific�tl.y rcfcrnd to in the evidc�ce of debt.
<br /> C. All obU�uiotu T'nuctor owd� l0 8eneflciuy, whlch nuw eaiet or tn�y i�ttr uiac, to the extent not prohibitod by
<br /> law. includinE, fwit not iimited to, 8�billdea for overdr�fts nluina to �►tty deEwait �ccount �reerr�ent betwan
<br /> Tnutor aod Bec�ficlary.
<br /> A. All sdditiaul wme advanced�nd expaae�iucumd by &neticiuy for insudng.p�eaervin�ar aherwise protectia;
<br /> the Fropnt�aad iu v�lue anci an�� a�her sums �dvAnce�d�nci exprnses lncum*d by Rrnr.iici�ry��rtdsr �he tetnt�at
<br /> Wis Deed of Twt, piw intarrxt �t the hi;hest nte in eftxt. frnm time to time, u pmvlded in tde Bvi�deriae i+f
<br /> Dcbt.
<br /> 8. Trustar's perfomm�u�xfer the terms of any ins�nunent rvidencing�debt by Tnistor to&nefidary and�ny DCed
<br /> of Ttwt aocuring.�uarantyina,or otherwim rcl�ting to the debt.
<br /> If mare th�n one perwn sig�u thu Deed of 7tust u Tmator, e�ch Trustor�groes th�t thi�Doed of Tmst will�ocu�c all
<br /> futurc advauces aad future obNg�tions descdbed �bove�hat u+�glven to or incurred by any one or more Tnistor. or rny
<br /> one or mote'IYuator�nd olhera.'t'bis Deed of Trust will nc�t eecute�ny olher d�eht if Beneficiwy fuls, witt�rcs�oct to auch
<br /> atha debt, to m�lce any requira!disclo¢ure about this Docci of Tcust�c i,f•Be�ter�ci�ry fails to give uiy requtrod n�tice oF
<br /> tha rigbt o�'�cscission.
<br /> �, P,A►YMEIVTS,,Truator agrxs to raa�ce�!t paym�mmlx ori r,�e Se�r.r.�IR�ebt whern due awd,nr�accordance with ihe tem�of.the
<br /> F.V wcMw�n►n{'i1r1M n�:�,iIS..�..w'�^vs�,�:w.
<br /> 4M H+'ARRANI X UF T17LE. Tnutor coven�ots that T.t�,�;,n;r i��,I�N':Cul�,�r seenmd r,nf'ni�e estate conveyed by thie Dood of 7'teut
<br />, �ond bas tba ti6ht to in+evoc�bly�t,ooavry aud�ilit to Tnu��,3a trutt.ri?HiJa��ower of s�le. the Properry and wurimoc
<br /> that ihc�s�rr,;ty is una�cumbered�trccept for cricumbranoes of sr�Z;x„�,.. ,
<br /> 7. CY,AIINS AwA�#NSf TI7Z.L�.Truator wiil p�y Yll uxes��sseasm�ts.lia�s.•'�.;v�branoea�leue p�yma►u�at+ound ra��, ' . .
<br /> utilities, mtl other c6�rges relating to the Property whea due. Beneficiary iria���;�uire Tnutor to provide to &neficiary
<br /> copia of�notioes 4rrx�w�ch amounts�re due u�d ihe noeipts evidencing'!}�i�smr a payment.Tnutor wiU defeacf tide us . ;.
<br /> tf�Ptope�t�r againat sny G�tl�t±�.��i�ld impair the liea of this Dad of Trtut.Tnuwr�w�eign to Be�eficiary► aR
<br /> raquated tiy Ba�eficiuy. ��u'�:,�ihr,�,�„aima� or defeasa which Ttustor m�y luve ag�inu pa�ia who aupply labor or
<br /> mataiala to irtiprnve or m�Idra�;sn�t0o��'roperty.
<br /> s. PRIOR SF,C[IR1TY INTERESTS. With rei[ar�1a�Lnv ottxt mo�taa¢e, deed of ttust, security aareemrnt or ntheK lirn
<br /> doc�t th�t created a pdor sec�rity interat or ta�iea'nbrnnce�n tbe Rqxrty and thu may have prioriry over this Deod .
<br /> of T�ust.Tru�tor agras: �
<br /> A. To make all,paymet►ts wl�r��3ric aUd to perfam orcomP�'•F v,:ith�tl oova�ats. .
<br /> H. To pranptly dsliroe.�to Bet�efiaiary any notices thu Tiustorrtaives from the holder. '
<br /> C. Not to matt or���-�it aoy tnodification or�xtestaiott of. and not to rec�r��t or aoapt any future advs�oes unda'au��`: �1
<br /> note or�rea�at xcvrod by,the otber mat6s►ge,�loed of dvst or�sic�ity+�gooemeat unless Haicfiriary�t�o�t . ,
<br /> in writi�ag. .
<br /> 9. DiJ�ON SALE OR LNCIII�RANCB.Ba�efiiciu�y x�y, �tiues�c�pt�on,declac+e the entire beliiioe of xbe Sxurod Debt it�;,
<br /> bc 9mmediitdy due�uod payable upon the cmtiom af�e�1k�.�m;•�n�wnbr�oce,traasfer,or�le.or caatrxt f�ir'�bry of tbae
<br /> on the Prnpeity. However. if the Prnpa�ty includes'(iF'�:r.s�nT'a x�kkrwe. Wia section ah�ll be subJect sq;.the.;�strictioot
<br /> impo�ed bY federallaM(12 C.F.R. 591)��e q�piic�ile:�F'da��:pw�pcaa of this section.tbe tetm"Prnpat.y?s�f�d includ�dr
<br /> . +ny iotere�to all or�ny pact of the Propesty.7t►i�coveant ���,run with tLe Property ad�hall ranain in effat until t�ic`:
<br /> Secured Debt i�paid in full aaf this deed of Trust u rclaoecl. � , ,
<br /> 1Q.1RANSFER OF A�!7�1+1TERE.ST IN'I�GRAM�OA. �f Trwtor is u�entity oth�r tlemt a n�tural person (aich r�s �
<br /> oorpaatioa or other oz�.i►n�zatwn)� Brneficiuy m�y dem�id immodiue paymeat if(1) a baieficW intaeu in Teu�tor is
<br /> wld or tnmsCerced; (2)��oYiE ia a c2�ange in either tbe ideatity or number of midxrs of a putaathip;or(3)these is a
<br /> chan�e in ovvne:ahip of more tGan?,5•,pKOeat of tbe votin6 stocic of a xorpor�tion. However. Beaet`xiuy iny not demat�d ,
<br />- paymeat in tbe above ritwtioos if it is�td�ibited by liw p of the d�te of thia Deed uf Tnist. ,
<br /> i ,�It�1..F1V71'['Y WARRA,N'IU►S ANU RL�RFSENPA110NS. If'tnutor ia�n enpry otha th�a a nstural pes�on (wch�s a .
<br />: ' corporation or other organizatioa),TrusWr m�lces M Beaeficury the followiag wurmties�nd repceacautiom w6icri ahall
<br /> ' ' be uoot�auinq is tcxig ss We Securod Debt ran�ins auttaoding;
<br /> A. Tnuu�r ia m eality which ia duly organitt+d �od vdidly rxi�ting in the Tnutor's state of iueottisotuion (or
<br /> orgmiution). 7}ustor is W gaad ataoding in�ll eutes in which'nustor tran�acxs bnsiness.Trustor h�s tbe poarer
<br />�; •., . , and authariry w o►vn the Pnope�ty ud to cury on ita buainess Aa now being oo�od iod. as�ppllcable. u
<br /> � , qtWified to d�sa in c�:h:tatc in which Truawr operates.
<br /> � B. The eaecutiaro� delivery and perforrnu�e of thia Dexd of Tcust by �or u�d tbe obligui�n evide��d by the
<br /> Evklenoe of Debt a�+e withi,� the powa ot Truq�, hive ban duly authorinod, �ave neoeEved Ql noassaiy
<br /> governnxnt�l spproval,aod wi�l not violate�ny pmw•nsiu,n±oFl(uw,or ocder of�ouzt or�d�aexam�ennl �geacy. •
<br /> C. O�ber than disclosod in wrilic�Tnutor has nut civacge+d4 �;s:rnune witLin t6e Ipst ta�:�r�::rrx�fnn�not ua�od amj��
<br /> , other tt�do�Gnr.titious a�mr. Withaut Br�Scia�s p�rs,s!;r;ttea moas�E.Tnutnr d�ate8� �r.�i�ot tae sny
<br /> • other name mrk����;�'ls�tc�erae it,s exi��asx,rcade n�t�aa�ft's�a.��i�i:s�tmtil tme'Saoi��.n�s'�'�j)a�'1�ied.
<br /> 12.PROI'�.R7'Y'(,Oril�i1'�1�0�i. A�,'iE:l[B�,'t'ION5 AND IN.S�F.C1(iNcTilw.�Truawr��vill kaq��i�e INi�opaty in Eood ooa��un�..
<br /> � �od malke al'D repviirs that are reatia�P:dl�;�neauacY.Trvsta wiil g�rv�:HeaeficiiuY PtumpK nat3i�e of my loa or dr�na�r•t�n_
<br />,. tt�e Propexty.�'cr�,r a+ill kerp tse Piropa�ty Froe of aoxioua weods�od gratses.Tn�sun will not iniwte.,juin in a coii�teaf
<br /> tn any cJ'raoge i•u aan+�priv�t� testrictive covrnant,wning a�dinuice or other public or private rcstriction limiting or
<br /> defining Uie «.u..���firicri may be made of the Propeny or any part of the Property, wlthuut Brneficiauy's prior written
<br /> conseat:. '1'�ustor will notify Heneficiary of ail demnds,prococdinga. claims, md sctions ag�inst Trustor or any aher
<br /> owner�tude under law or regulstion resuding use.ownershyp and occuryuicy of the Property.Trustor will camply wit'�all
<br /> legs�l r�equimnrnts u�d rauictians,whetha ptiblic or privue,with respoct to the use of the Fn�perty. Trustor rilso �grecs
<br /> that the nature of the occup�ncy and usr will not ch�nge without Beneficiu�+'s prior written cx>nsent.
<br /> No partion of the Property will be rc�r�ovod,de�nnli�hed or rn�teritlly alterad without Beneficiary's pripr writtea cout�r�t
<br /> eac�ept that Trustor has the right to rrmovc itertt�of pers�l propMy r,ompritiag a�wt of thc Propeny thart becane worn
<br /> p�pe 7 oI 6
<br /> 0199]l�nka�3yaanr.lne..Sc Cbud.MNQ•�!)dJ411 ipmAC3,C0��DT.NE tOiJ0lf7 �
<br /> � .�
<br />
|