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<br /> i�ioi�i i:����: t��:�."a� :�:�s:�an AQt!tement md anv
<br /> (B) Any fdlure on the part at the i�wtar to msai in•r.prv r
<br /> oth�r�dv�naef under thi�D�ad oi T�utt hueby��cund;�nd,
<br /> IC) Any �ction by the Sru�tor prohibit�d by the t�rm�af th�Lo�n Apr��m�nt or this Desd of Trust or sny fal�un of
<br /> th�7rustor to snt s�requlnd by th� Lo�h Apnommt or thl�D�ad of Truat,e�ch of whloh Tru�tor hsreby��nes
<br /> heve �n edv�ree affaot on the 8endlal�ry'o �scurlty for th� Iln� of c��d{t estebQsh�d and th� rlpl�t� of th�
<br /> Benaficlsry in sucl►eer�iuity. -_
<br /> end upAntha hdppening of Any such event of detau{t,Beneficlary mey deolere ell�ume aecured hareby Immadistely
<br /> due end peyable by deiiver to Truetee of written decleretlon of defeult. The Truatee ahell heve tha qawer ot sals of
<br /> the Property,end if Beneflciery deairA�the Property to be sold, it�hall deposit with Trustee this Deed of Truet snd all
<br /> proml�sary notea and documonts evidencing expendituree eecured hereby end ehel deliver ta Truetee a written notice
<br /> of defeult�x►d etection to ceuse tha� F'nape►tY to be sold. end �he Trustee in turn shell prepere e notice fn the torm
<br /> requlred by la�w. which shAi!be dut�y tit�d for racord by T►ustee.
<br /> (A) AftaE th�a lalpaer�e�-suc���4'�?�1P� �eq�iredi b�p ta�x f�MFaw��tPia��cord�tbon of aeid notice of default, end
<br /> notic�"�dibtAt�bt�sct c��icq R�''�aib h�ving been gitien as raqui�ed by Ie�ni,'1i'rusRee, without demand an Trustor.
<br /> sh�il�afly�h!_prnp�tY�q�+t1'!e+�aAa�nd et the tlme endl p0ace design�Eedl i�n aaid rnotiae of sale.ex p4eMic auctiare xo
<br /> �h� I�g}�eit bidder;�the pu�chese pPice payeble in lawtui ononey of th0 Unit�l St�tas at tQ� tirres of ssle. 7M
<br /> para�on conducttng the sele m�lp,to�eny cauae he da+ms expedlent�poatpane ahe�s+ale from tlma tu time urotil it
<br /> ahail be completed pnd,in ever�p such case, notice o4 p�stponement sl�all ba�ive�I�Y�1+b1ic c��,c�aratoon theroof _.
<br /> by such persan et the time and plaae lest appolnted tor the sele,providad,i�tha smlm is Pms4�mr���1#or ionger then
<br /> one�11�rt�ay beyond the day des�!�n�ted in the notice of sale,notice thereof sh�9p be yiven in Z'ha asme manner ea
<br /> the� ai�7i�a1 notice of aele. T►u;:,�:e�shall execute end d�aEies�r to the purchasarit�Da�d conveying ths Property so
<br /> sata�,but witt�uut andy covenai���ar warrEnty,express�+v',•,vaplied. The recitals ar,a��dead of sny mattera�r-scts
<br /> ahs��1 bA conclusive proof of the n�ru�7efulness thereof. 61m��y;�arson,including�er►efici�ry,may purcheae at tMca saie.
<br /> ' IBD,•W��n?rustee aslls purauent t�tNe powera Aerein, the TPeiatea sUwd�appiy the pro�ceeds of the sals to psymsnt
<br /> .qt iihn�wts and sxqenees of a�r�e�clslnp the power ot seVe�s�+�ah tl��sa1m,i�duding the peyment of the Trustee's
<br /> faea A�c�c��elly Ucurrod,whicli'r7nstee a feas ahe11 nat���nfti��aggregAt��xceed the iollowinp smount based upon
<br /> •the►'emourjt tecurad herektiw�nd�remeining unpsid;6 percentum on the firet It,000 thereof, 1 percenium on ihe
<br /> � ba9�nc�e th�r,epf n+nii 4���o R�tha itema in subperayraph lC) in the qrder theca ateted.
<br /> fC�Aitmr p�ay���jiie qu�ams as�+�iliec3 i�i aut,�ara�sais:�l83 if=��ss!$!s t�y Trt�ptee,ur the_}�roper aourt and othsr cost:
<br /> of fore�Qs�vre�r�d�aU�a3�tJ�e Bale Is pur�uent to judicial foroaloau�e,the proceede a►#eal�Ohali be appllsd in the ordet .
<br /> stated to tU'ifl�nayment otc
<br /> (l)� Cost of eny evidence of titte procured in connection with suoh sela and of any revenus sta(nqe:•'
<br /> pi) All sums the aeoured heroby; • '
<br /> IIII) Yhe remeinder, if any,to the peraon legally entitled thereto. •
<br /> 13. Dut{w�nd ObNp�tlons of TNStMS. (a) Yhe dutles and abligetions of tru�tee shell be determinsd solNy by
<br /> th��xpnss provisfons of thl�Dsed of Trust,and Tru:tee shall not be(labte except for ttie ps�form�nce of su�h dutie�
<br /> •nd oblip�tlons u ars �peciflcally s�t torth hereln, md no Implied covsne�t� a obligatl�na sh�ll be impoNd upen
<br /> Tru�t�e;(b) No provisions of thfs Oesd of Trust�h�li requfrs Trustse to expand or risk Ita own funds,or ottwrwia
<br /> (ncur sny firunciN obliyatton in ths perform�nc�ot' any of its duti�s hersunder,or in thd�xercis�of any of its ri�ht�
<br /> o�pawn, if it sh�ll hwa proundt for belidvinp th�t ths rspayment of such fund�or�Nqu�te ind�mMty pa6n*t such
<br /> risk or Ilebiliry i�not rsatonably essured to it;(c1 Truatee mey consult with counNl of its own choo�inp�nd thr�advit�
<br /> of tuch caunsel shsll bs full�nd complete authariaation end protection in th�►�qpeCt of eny ecdon t�k�n or suffsred
<br /> by It tn�rerti,mdet In�ood faith end retience ths�e�►n;(d) Ttust�n shell not bs liabls tor any eoUon tsk�n by it ln pood fsith
<br /> e�d rweierebly believsd by it to be authorized or within thn�discretlon or ri�hts M.d powerQ confer�ed upomit by thi*
<br /> Deed mt tiult. .
<br /> 4�. A�di=lo�l S�curity Inttrum�nq• Trustor, at iu expeny+�,wtl!ex�cuta�nd d4liver to the Trusts�, p�wnptty ';
<br /> upon d�iand,auch securtty instruments as msy bs rsquired by Trustes.in form�nd sulqtencs satisf�ctory to�'�u�tea, ',.. : ,
<br /> cor�i'wn�lany of the Propsrty canv�yed by thb Desd of Truat,�whiah sscurity irotr�monU shell bs additbna��a�C,urlty •,�•�:�,':.
<br /> fdr Trwtar'e fsithful p�rformanco,ot all of thA tsrms, covenants and conditions oV Yhit Dsed of Trust, ihe`14�n;.' • '-
<br /> Ayresm�nt,�ny promia�ory notes secured hsreby a�d any othsr sscurity insuurnentt eftecuted in conn�ctbn with this���
<br /> trsroactbn, Such instruments bh�N be recorded o�filed,�nd rs-recorded and nHteda at Trustor's exp�n�. ,
<br /> 15. MhaNarnow. ' ' �� •
<br /> (A! I'r.n the event any o�s or rnore� of the provisions conteined in ths Dsed of TrWSt, or the Loan Agraemunt ot iny
<br /> , promfasory note,or�ny other aeaurity Imtrumant 8tvon in conneation with tF�it trAnssction, ahail for eny re�son
<br /> � to be held to be invatid,illepat or unenforceablo in any rsspect,such invelidlly,Illegallty or unenforceability�h�ll,
<br /> � ,tt tha option of 8eneticiary,not affect any other prnvialon of thie Deed otf 7ruat,thet thfa Qeed of Trust shMl be
<br /> consuaued as if such invelld�fllegel or uneniorceable provision had never been conteined hereln or theroin.
<br /> i�3) Tt�ia Deed of Trust shail be conettued according to the laws of the State ot Mebreske. ,
<br /> iCi tM Qeed of T�u�t shall insure to end bind the heirs,Iegetaes,devisees, �drn�ni�treton,executors,successbrs and
<br /> assfgn�of ths part(es hereto.
<br /> (Ol Tru�tor shall pay aN taxes levted upon thl�Deed of Trust or the debt secure�d he�eby,tngether with any other texes
<br /> or��seasments which may b�levied a{�ainst the Trustee or Beneiiciary or ths fegal holdsr of the Loan A�reemsnt
<br /> _ l_J_W/r�����i� _- *�r�1U. '
<br /> - Of10L'iQUUTII 0� l/t0 IItYtY/w��fir��v�.....�•� �.._.__�'
<br /> (E) Whenaver usud herein,the aingutar number��ali inclu�e the plural,the pl�aral; �tie sinpuler,the use at�eny pendsr
<br /> shell be appliceble to ell gsnden, and the tHm 'Beneficiary" shs�!Enclude�ny peyee of ths inel�btgdn��t hereh�
<br /> secured or any tr�n�fer thersof,whothsr by operatlon ot lew a�utN�►*wi�.e.
<br /> 18. Sucassa Trust�. Beneticiary may irom tims to time subgtliuta u��uw�anaoc ur suGU�esst+�rs iica�en�r TruBiBa
<br /> n�med herein or�ctin�h�rsunde�to ex�cuts thls Trust Deed. Upon�u�sh a�Dpui��U�tic��t and without at�nµey��roica W
<br /> the successor 7rust�s,ths latter shell bs veKed with NI titls, powea and dutleas�_co►�terred upen eny'fru�tee Ne�+eG�� •
<br /> nemed or�ctiny hereunds�. Each such eppofntment or tub�titution shall be ms�d�by written Instrument by BeneSicie►y�,•
<br /> contatniny reterance to thlu Deec! of Trust snd its pitcs of recorci�whlch when racorded tn the�otfice ot the Rspi�ter
<br /> Af Deeds of the county or counties In which sa�id property i:situatsd,ahatl be con�ciusive proof of proper sppointment
<br /> of the successor Trustee. The idreQoln� powar of�ubitEtution and thn procedure therefore thall no�b�yc�lut�of
<br /> :•
<br /> 406•3
<br />- $/94
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