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<br /> IB) Any }allurb e�n th�e qart of th�e Tru�tor to m�►et the repeyment terms In respsct to t�1e Lc�en Agreement and any rt
<br /> " other advences under thia Deed of T�uat hareby sacurod; and, -
<br /> ' (C) Any actlon by the Truotor prohlbited by the terrns of the Loen Agreement or thia Deed of Truet ov eny felluro of o
<br />=_.,;�.�: ths Trwtor to�ct�r requlrsd by the Loan Agreen�ent or thie Qeed of Truat,eech ot whlch Truetor heroby egroea �
<br /> ' heve en adver�e Aftect on the Beneflclery'a securlty fo� the Ilne At credit eateblished end the rlghts af the
<br /> ;�� Beneticiaey in ouch se�urity. �-�
<br /> "`"� and upan the hepqenin •ot any such svs�t of detault, Beneficiery maY declsre ell auma securod hereby Immedlately
<br /> �: due and peyabld by de�vei to Tru�tee of wrlt}en decleration of defeult. The Truste�shall have the pawer of sale o1 „ ._
<br /> -- - the Propsrty, anb lf�nqldlclpry d��lto�the PrpPerty to ba sold, it shell deposit with Trusteo thb Deed ot Truet end e+U �
<br /> proml�aory notea end'documents evidenainp dxpenditures aecured hereby end sl�ell dellver to Trustoe e wrltten notice
<br /> of dofault and elactlon to cause the Property to be sold, end the Trustee in turn shell prepare a naticA In the form
<br /> '`' ' requfred by law, which ahell be duty flled for recorr!by Trustee.
<br />`'�n' '_ s (A) Aiter the lepse of such tlme ee mey ba requirnd I�y !�w following t1�e rc�v;�rdetion of said n�tice oi de�ault, end
<br />'•�"�'�' � notice af defeult and r�e►tice of sale heving bean.t�iven 9.s r�qfaired��w la�u�►„'Trustee, wlthout dem�nd on Trustor,
<br /> „�r�,�:. shall sMl thq Property on the dete end et the timo r�rt��ilr►c�rtesi�ii�te�f f+�said notice of sele, ut pi�.l�lic�uctlon to _
<br />:�_t,rr,�,• th� hl�h�ast f�ldder, the purchase prlca payab!'e iiT lavwfut marr9y of tha tJnited Stetea at the time crf ��Je. The
<br />':Y"�;'T: �+ersort,corttiN,ucting the sels mey, for eny cause hra deem� mxpwck�en�t,PQ�tpone the sale froirr tirne to.tir.rre r,�r�til;it
<br />::�;,,t';"?�.� � � —
<br /> Shai���cocn��eted AR�?r In svery eucN case, ��ri�a of pos;�2reernetT.t�Rlrt�l�ba given 6y publi.�cE�ctsrati.o�a r,l�rcFt,� -
<br /> -F`'�;�;• by such�aerson at the time aex!�Prx:a last eppuinted far the s�ta.R�a'��a'���f.f thd sale is�xost�are�cf for tr��;y,�„r Ri�,;n
<br />� �"���' onelll de�beVond ths day cb�st�,ina�t�d in the notice of sa1e.n�3tiCS th�trt�fi�h�ll ba �ivan In ihs ss�'n+man�rte�c%r�
<br /> .,,_;_Y:«.. the ariginsl notica at swle. 'f'ruxst�shall exe�ute end deilve;to the p�clln�ser Ita Deed convaying the Pr�pr��;��:�+��
<br /> �' •..�,"� suid,��:�:�th:.;:.M=:a� ^�^��"nent or w�rranty, express or implled. The rocitsls in the deed of any matters ar a�'::t� -
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<br /> �-- shall be conctusive pr�r�f��t the truthfulness thereof. Any peraon,i�ciwru�„��oor�s�lc�a�y� i�i8y j+���.��a�n a�svr.c.�."1,3;,
<br />=r� (Bt When T�ustee aells pw,rrra.�ant to tl�e powera hereln,the 7ruateo aheEO s�p�;�ly the procesds of the aele tn �"�Y•,�nt `
<br />�•�.�. of ths cost�s and expenaea of exercis�ng the power of�ale end of the sa'��,including the peyment of the Truyttre'a �.,;,�
<br /> ��l:l� fsea acxueHy incurred, which Truetee's feee shell not In tlhe aggrepate excaed the following amount besec6 Mp��on
<br /><�i�r� the emount aecured hereby and remalning unpettl; 5 p�rs��ri�,�nrse on the firot t1,00U thereot. 1 percentum a�m�the•
<br />_.�;�� bulance thereof and then to the Items In subp�R�ra�M���o�in the order thero stated.
<br /> — (C►Atter paying ihe iiema ��+��fis� I� subRsssgs�;.�:!F°��f*.?*.m���a 1�by Truatee,Ar the proper aourt and other costa
<br /> ----__- of toroclosure end sale ff the aele la purauent to judicial forac��o5rourc°,the proceede of aele ahsll be epplied In the or2kr
<br /> -'°� atated to the paymsnt of:
<br /> -- (t) Coat of eny evidence of title procured in conen�e;"cnron with such aele end of any revenue itamps:
<br /> _P�. pli AU euma the aecured hereby; �,_
<br /> ---- ---- • (111) The remaa�nc,�r, ifi e�y,to the pe�so�e�egally snt(tled thereto..
<br /> �--"— 1 3, p u t l�s a n d O b l i���i�it�n n m� T r s 4*t s�s. (a) The duties and obligatlo�•s of trustee ahsll hre�determined sol�ly bY ; �
<br /> -- t h t�e x p re s s provlslons of thia D�r3) c��T�wst,and Truatee shall not be IfeMe except for the�parfor�ma�of auc h dut 1ei
<br /> ---- � �,����i oWlqations es are apecfflcally s�'� f��rth herein, an d no imp l i e d cc,vor�a��ts a� o b,,;,a.,^.� -••-•• •-- l m p o��c l u�p o n
<br /> �t;r,rr:5�a�s; (b) No provislons of thla peed of Trust ahall require Trustee to expend or rlsk Its own funda,or othKwvip
<br /> ., il�cur any financlal obligetion in the performance of any of its dutiea hereunder,or In tho sxercise of t�v��of its riflhts
<br /> �; or power,if it shell have grounds for believing that the repeyment of such fund�cr edequate Inderrwro;iq��n�galnst such
<br /> '� rfsk or lisbllity ia not reeaonebly asaured to it;(c) Trustee may consult wlth counssl of its own choosing and the advic�
<br /> =:� + of such counsel shell be full end complete authorizetlon end protectlon In the re�pect of eny ection teksn or s�h��fed
<br /> by it Mreunder In qood feith end relience thereon;fd) Trustee ahell not be liable for any ection taksn by it in poo�l.
<br /> • and reesonably believed Ae�ft to be authorized or withln th�dltcretlon or rights end powsro confsrred upon It by��i�i: �t-^
<br /> — Deed of Truet. � --
<br /> --- -- 14. Additlonal S�auitl►�n�tru^�^ts. 7nistor, at its expense, will execute end deUver to the Trustee, prcmptly
<br /> upon dsmend,such aecurity instrumenis aa mey be�equired tsy Truetee,In fnrm end wbatsncs s�tisfactory to 7ruste�,
<br /> ��` cavering any of the Property convayed by thta Deed of 7rust,whlch security fnet�uments shsll bs nddltlonal�a�urity
<br />�.�.}.z.-.�.-� for Trustor's feithful performanca of all of the terms, covenents end conditlons of this t?ead of Truat, the l.oen
<br /> -�---- Agreament,eny promlasory notes secured hereby and eny other aecurity Instrumente executad in c��rmection with thls
<br /> ,.�--�- transectio�. Such instruments sha11 be recorded or fi�ed, arnd Re-recorded and�refiled, at Trustor'�:ex!p�enae,
<br />- �t?-•. 15. MbcNlan�ou�, �
<br /> -'���'-"$ �5 tA) In the event eny one or more �ft,lfi�e provlsiona contai�m•�7 i�the Doed of Truat, or ti�e Loen Agrear�n�o�nR>or eny
<br /> ::t+t�:���,. .,i
<br /> :_;;�.,,.,: , promisaory note, oc.€�ra��ther securlty Instr�lsra��t givers�n connectlnn with thla tranaaction,shell for any�u�ason
<br /> `-=�=��' to be held to be inv�i:l;iil,iGiegel or unenforcc�I�nE i�2 eny r�aapect,such irnelidity,Illeyelity or un��r��orceeblllty sh�ll,
<br /> ;:_;�: .
<br />-'l��?+r�y�,�'" at the option of Benefiiciery,rnot affeat any��dh�nr provlaar,a of this Deed of Truat, thet thia DeeY!�of 7rust s e
<br /> ;, ,.i;.,:.;�.f. .
<br /> :. �;, ., � aonstra�e� as if such invelid,iYOegal or unenforceeble�rco�vision had naver been co��r.aimed herein or thereire.
<br /> •-•''" :<:, CB) This Deed' af 7rust shell be const�ued according t�tham,l���ars of the State of INeb��iz?c�n.
<br />:'�: � (C) the Desd af Tru�sE st�all Insuro to and binr�tC�heirs,l�gbuaas,devisees, edminu�tra�svr�„�xre,cul�3rs, �uccea�+m�s�artd
<br /> ' assig�rs ot thQ narti�� hereto.
<br /> (D) Trustor sttaf��5���f�taxes levied u�son tEris GT�d ot Trust or the dabt secured h�rel��,r,�,,c;�+inn?,;�,;�:�any ottier tnxes
<br />, ,z�� or�s�ess+��e+ats wNb�h rr�ay btie ftv�iecS agair�s�Lhe Truscers or Benefidery or tF�fec�;�7��mlJer of the Loen/4gceement
<br />,-_--__.::.-.__�___ ''_"'_. �.�:...rl.{.��A�naoaa s��it{Afif��R L�'IIiYBf1V.
<br />- . -�-t t-� v n m:c:c,vm v..:�„>�........._.....�- --•-- -- •
<br />_ , a IE) Whanever used 6Kea�ein,the si�Qular numlv�+•shall Include the plural,the plural,the singuler,the use o�eny genaer
<br /> �� � � shell be epplicable to ell gendere, end the term "Beneficiery" shall Include any payee of the Indabtadness hereby
<br /> � secured or eny tren�fer thereof, whether by operatlon of lew or otherwlae.
<br /> 96. Succ�s�or TnislN. Beneflciery mey from tlme to time substitute e suacessor o�successors to any Tr�stae
<br /> named hereln or ecting hereunder to execute thls Tr�aat Deed. Upon iuch appointment ar�d wlthout convayance ta
<br /> the aueceaaor Truates, the latter ahall be vested with eN title, powesa And dutles eonferred upon eny Trustee herein
<br /> • � nemad or ectinp hereunder, Eech auch eppointme�t nr substitution shall be mede by written Instrumant by Beneficlery,
<br /> , conteinlnp reference to thls DeecO of Tru:t and ita pla�ce ot �ecord,whlch when recorded In the office of the Reglster
<br /> � ` ot Deeda of the county or countlea In which seid property is eltueted. ehsll bo conclusive proof of pro�eQpoy�tr�lnt
<br /> ' nf the aucceasor Truetoe. The foregoing pow�er of substitutlon end the procedure therefore shell not exclusi�d of
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<br /> � , 408-3
<br /> 9194
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