|
. i j,�.�� . , . � - ��rrrr�. _.
<br /> �.,�::.,
<br /> . . .
<br /> _ . ' . .. : _ .. . ..... - . .. �
<br /> . , ? ,
<br /> . .. . . . � - � � ._.� . -
<br /> �. � -�4: �- ..... . .. . . ......... -. .. .
<br /> � . . .._,.yr�,.� .. � .- � - — _ �v _ ..... .... .. . ... i .,. ,. .,..
<br /> . . . .• . ....__� .. _ . -
<br /> -� �x -r f.atCrb`+`« .,t
<br /> .. . .�. . � � . � --, ... , ..,.. . ..._..- "
<br /> - .� � ' ............ .��.....��_._...2=��:..-)�:.:.=��'. . ,.:
<br /> .i. . �.
<br /> _ � -".. ' r� � -
<br /> . . . ... . . . .. . � . �'' .
<br /> ___'...." " "'...�
<br /> --'--- : 7''�— _
<br /> - - . - . .•��� .
<br /> � � � 98- ���� � , � . ��� .:
<br /> : . � � ;�= :-..t:�,- �� �
<br /> g, p�l�e advaacss fYom 8�eficiary to Tnixtor or other fut�re obligations of'fts�stor to Beaeficisry uuder say ,. �
<br /> . . „ ' ' s Pmmissory uaie.oontracx.SaaTaatY•or othez etizdeace of debt rxisung�w or a�eaited after t4�is Deed�f 7'QUSt ;,��:.i`=., �',4;.
<br /> � , v4hetlt�r or not this Oea!of Tnist is spa:iRcalty referred so in the cwidenoe of debt. � -,�-,
<br /> ' . :` .� C. AU abligations Trustot owes tU K3eneSc�ary•. atuc�aoa�euist or may Ister arise, to the extent not pmIu'bited by .. . . . �,;.•
<br /> ' lan. tudu,ding,but not limited to. liabilities for avc�drafts mlating to mry degosit aco�vut agreemeat 6etw� t ` �
<br /> t
<br /> . . � � Tnutnf aud Beneficia�Y• b BeneBcia�i for ia�uring.P��g or othe�wise pmtecting � ,: . � .
<br /> �� .. . " D. Elll addidoflal�advaaoed and ex�israuied Y inaiaed by Seaefia nnder the terms of :�°` s:;r` "
<br /> : ..,. -- �. � � thr FroQerty aud iu value aad any other stms�advaaced and e� �Y. '
<br /> . . ibis Deed of Thut, plt�s interesc at the highest raEe in effeot.irom t�me to time. a4 provided m the Evid�oe of ';'.f�;...; •
<br /> -_ ;f:_ -- - ��' evidendng a debt by''Itusior to Beaefiriary aud any Deed --:"`•"���'"•.'-- .
<br /> < ` � � : & 'it�ustor's performance under the temu of any iamamea� ;:,:�f;�;:� , _
<br /> � + of lfiut securing.SuarantyinS•or o�herwise relating w the d�bt. : ���';...`. �.� :` ; ..
<br /> �•'# that tLis Deed of 1Yun�iU sauie a11 ?•�••; � . . �
<br /> if m�e than ane pezsoa signs this Dced of Tcust as Trtutor.eash Trustor agrees �-'.,':,.Y' <, .,. .",.
<br /> .•,;y;r,: . � •:. .
<br /> , :i,.�.� __.-,:�::
<br /> futut�e advaaces and fut�re obl�gstions descn'bod above it�at at�e givea w or incurre�f t�y any oae or more r.ur anY ..-_ _ , .
<br /> at . � R
<br /> � nae or moce 1'n�stor and others.This Daed af ltust n�iil not secure any mher debt if Beneficiacy fails.�vith�P�otice af .."°..:�' 4 .��
<br /> oiher debi,to ma[ce any requi�ed tlissiosur�a6out this Deed af Tnut or If B�y�m B��S� ' ,.:�: -��• -
<br /> the rigbt of�on. ���� ..�
<br /> �n the Secured Debt when due�d in afloordance with the tenas of the '�; �"',` `'
<br /> . ` . 5. PAXi�.Trvstar a��rees tn make all paymeats . :�, ,�!{:• _--- �-
<br /> � , .. . Evid�ce of QeDi ar this QeeQ of Ttust. '"°',•: �:�"�'
<br /> '�:..�.�j�.;
<br />_ " . �-'j:;�c:-=—'—
<br /> .�y••. .. ;: f C�. �IiTA�APiTY�F TI�TLE.Tmstor coveaauts that'Fcostar is IawfWiy sei�of t$e estate corrveyed by this Decd of'd'rnst : .. :� y,_.�£,F��
<br /> x`��' ;`:' 1 aad has the right to ircevacably grant,comey and seA co T:astee,in tmst.with pawer of�le,the Piupeny and warranis �-:_
<br /> ",. ;_',� tbat t6e Propert5►is unencumbered,exc�t for encws�tr�ces of reoord. ,'r��h..
<br /> ,: r # � " ' � �,�
<br /> ' .�c ;. 7. CLAIII�dS AGAINST TITi�.'fnutor an'Il pay all taaes,assessments.li�s,ea�umbrauces.Iease paymcats,6rou�tents, �.� ��
<br /> ° •'��^'' ut�lities,aud other charges celabn8 to the Pmperty wflen due.Beneficiary may require TYnstor w pmvide W Beaeficiaty `�
<br /> h,� A.r'�' . ���" __
<br /> s'.,•:� TtnstOr wlll defeIId tille IO
<br /> f , ��� copies of all�tices thaz sucb a�ounts are due and the receipts evid�cing Tmswr's payuxent. _ -
<br /> ;>f�h',a1 -"± },' � � the AroPectY a�a�n.��Y claimv tbat woWd impais the liea of this Deed of Tnui.Tnuwr agtoes to assign to 8eneficiary�8S f;S K'�c r ��
<br /> '�,! ?�f < < '#`,�i': , • " r�quested by Benefictary; any rights,claus�s or defenses wtrich Txnstor map have against parties who supply tabor or �r�f��� S,Se�u..
<br /> ns[o
<br /> ��� yg`� � `,� � mateiialsto impm ,,tYt,',�t �s� .
<br /> , jl'), , ", � ve or maintain thc Property 't �,� ,;
<br />- `y���?fll�ru tit��,!}-�'J�� —
<br /> 1�,�lt�t� 1k f ¢CIDCaT 0i Othgt� . j l �"•-_
<br /> •�f s,�,ti�{E��` , .41 f PRIO$S'ECIJl�.aT�l���.RES�.With regac+�4�►az►y other�ortg,age.deed of i[ps�.SeR[cltY ap[ s',. .,_----
<br /> F�0.x Y,,� _•,,�.� � , docaraent tbat csea�d'��sior secarity intenest or�mbraace on the PmpECty,�d that a�ay laave prIarity over this Bt�. . �:� '�___
<br /> ` �
<br /> {f;{`�. ' �' , �bf Tn�st,Tiustor a�: . , ,ti ,s��`�'�', ,��
<br /> ��r�r � .. when due and ta���u co�¢I7t with all cs�ve�nts. • .�d.:
<br /> .� ; �:�:. . A. T�a•m�aYe ali p�y� � 'F'�r,�eives fsom the holde�. . . ' •
<br /> , •:,� : �.��•;�'m���:mptly delives to BeagHci�9 aay�� � �u�advan���' _
<br /> . � � , �,f.,.,,.�.
<br /> .� �. .`r' <�`'1'°�. -
<br /> � , ; �t � �c."z��c�r�m�ce or�erm;c any� ���a�;;:�.uoc co r�uesc o:�� � -- -
<br /> ��j�S' �� .. �,' dloie or ageement secured ts��.,rti�+c�.�'�ge,d����or security a�e��.i�31 Beuefici conse��:. � '� -
<br /> s �1�� . . - 's-� y • j��R�µ� : . . � •.i�"�. . l .T _
<br /> �� Sl� ..l . .�1�.� L{A�aWlg� i. . l'.. ; _.� -_ �� . � - le /-m�0..—
<br /> -`�1�r"'.t .-,. i �.� �z
<br /> , �''�" • .' 'c; 9. DUE�I�.�►LE OR ENCUIVBRANCE.Beaefcciary may.at its aption,deck.�me�lte entire balance of the Sec,ured Debi to � � _-�
<br /> - � � . • i=� ,� be i����ly due aad payab2e upau�the cceation of any liea.encumbiance.transffer,or��r:,or cunuact for any of t�.se.. . .�:,�_.;_.
<br /> ' . ``',_���. . However,if the Praperty includes Tiustor's residenoe, this seaiton�aID'1�subject to the resuIr,�nmss:. .�,;�r_-;;__
<br /> � _ �f on t�C;.�1nop�tY + �__--..
<br /> • ' . ,;,� , ,, j�p���,Yederal law p2 C.F.R.591?.as applic�ble. For the purposes of th�.q sectiots;�!:,�m"Property'also incl� ., .
<br /> � : i � aay inte;�t to all or airy part of the Property.7�,a+�venant sha11 nm with tDn .�rtY aad sha11 remain in effe�t unW ti�' : r.�.�„
<br /> �. . ' .� i . • Secu�s�.t��bt is paid in fuU and this Dced of Tra���re2eaced. , _ : .. ., -'"
<br /> n sucC� se�a� "�„�..
<br /> ; , � . . � . ,. . ' : -
<br /> 10.TRA=''�"�OF AN II�iTERE.yT iN T�aRl�L'�"Lt'i�l.�t,.�'T�'�u..�tor is an ea6ty other thaa a natural perso ( , y
<br /> �� � w:pora�i�ur oWer organi7adnn). Beueficiary t�����'��te PaY�t if(q a beneRcial interest in 7Yascw�'�c� ". �� i
<br /> ; ,: :
<br /> �r ��,,; ` , sold or uaasferr�,;Iix)ihece is a change in eitL�t�e isienti��t:c aumber of.mesabers of a patmershiP:or(3)there�;t�.;� ��,��.s `" ` :
<br />-'. °���• � . .. � change in ownen'aiq,.v.�oi:�more thaa 25 percent af�z votiag stac$of a oorpcsr��vn. However. Beneficlary maY not dea�as!��, . �: Y��r�i... • ,;;;�r
<br /> `' � � , . payment�n the atioye situarions if it is prohibited by law as of ,"tt�t date of this�of Tn�st. , ,�?��,yt��: :.'�""
<br /> , ., : �N� ?r
<br /> �°` . ' ` A'fiONS, b�.'�'n���'��n?�ty+ other thaa a aatural persoa(sucb u�. ' ' �. �.':'`K� � '�
<br /> ; , , i 11.�NI'ITY.WARRAN77�S/WD P�E�AFBENT ...� t�t� ' �„ ._
<br /> '.[ r. COfpOf�IOD OI OI�C!O!$�Z�10D�..T�ttstor��u��e�+ua�y��ire L�il+��4=wartanties and representations which sbsiij'
<br /> ��.
<br /> � . De condnuiag as tong as the Secured Oebt remai�s���+cdict�;.. , � ''!�t �+<�`i►; •�� --
<br /> _.,_! " � A. Trustor is an eatity which is duly a� �zd,c..�r�i�.eis�c�►� the Tn�swr s state of inooipo�oa(or ,�,�'��.,. , .. ..•..
<br /> � urgaai7ation).Tn�swr is ia good stand�,iav:�i sc�?ib�.�t�.=aw'C�r:yur transacts busiaess.Tnuwr has the gower a,�,
<br /> �^� ' �;..I and suthoriry to own the Pmperty and to catsS+aa�t,aws�►u�sss as now being conducted and. aa applicaPsle�'ia , :.'-
<br /> :. , • � quaiified w do so in eacb state in ahich Trectws op .e*�tie�;-:... -
<br /> ,�:� , B. 7tce ea�uc�an„dellvery and pert'oimaace 4f.�s IY's�:t+`+�.F'�'t���?P T�ustor and the obligatioa evidenced 6y the . . •,�;,;;:;°..
<br /> ,,,, � .' E authori�ed have mxeeved a11 aer�saary • :�� .
<br /> '�1 s �_E� ,t . Evidea,se 4f'�IIu�u.are within the goRr��1.�fiiustor'' ta�%e��trn duly , ,, . :
<br /> , t���:t��� : �: � ; ' Y� 'mr�3rder of court or overnmeatal agency. 4.';•.�.. ..�,.._�,' .
<br /> t{�;s7,�t:�:fi�.:,;.i'� , . govemmealx!`st�sr�ova�,aad will not vinl:�ae a��,yprovision of ..�v; 8 ,.--
<br /> 1'�.��a�+ ;��" �t'.}•' C. (lther�'�i�'t.�t�r�i}t wr(ring.Tiustai(sas.ul�:�bd��S��''antivn the lass ten years and has aot used aoy � .,,�.
<br /> �.�'re�'�y��a 1 ,F�',Y<< � t Trustor does not and will not use any ,+_
<br /> 1 �} ::�S��}� f � *1�1{St3tt0S1S II7l371::.\�1L�1U17Y�Q�S3t`.�tJ.7!(�'$1��qY",W�7tICD CbI1S8�. �-'�
<br /> � ,, '• �.�F c�•, othCl tt�@
<br /> 'S1.. $�Q Q�bL�S�IIS6ed• ' �
<br /> ,��+`�;; }(��t��;;� �" , other nam�iiu�i'++rill preserve i�s assisvl�g;��:u�u;,it�iiu:r�e:�+,�d fraachises undl the � :.. . .,, _1. �+.11.. r r�
<br /> _ " �5(�t1'l�CA4'� • .. ; _ '-,-. '. .:: 1 .''..,- r.. ; '�
<br /> •-L.:��I���1���• , � f � �9Z.r�eo�z�r eah��oN, �.��������a�'nv��.�coN.Trastar will keeQ the Property in gaod condidon ;,' � , .- . .
<br /> ti`";��1�:` ;,�� : . and make a11 repa�rs that ue teasonably necess�i 7'rustor will give Benefisiary prompt notice of atry loss or da:na�to ...,
<br /> t�'�� :. � ' the Pr Tiustor will keep the Propeny free of aoxious w�ads and grasses.Trustor wi11 not inidate.join in or•consm� , .,.,;,,;>.';,.;,:
<br /> ��; .:.�. ;1:+�'� � to any c�haage in aay private resuicHve oavenmu mning ordinance ar other public or private restricdnn litfliting or �:,,;;:;�'•'f. �:
<br /> .� `�. � � �i defining the uses which may be made of the Properry or aay part of tLe Property. wit�out Beneficiary's prior�vtitten ',;�'.:,. , ���,��:
<br /> G,•r. . ! coasent. Tmsior will notify$eneficiarY of all deamnds.proceedinge,claia�.and actioas agai�st Tmstor or arry other
<br /> ��:. ' f owaer m2de under law or tegulation tegatdln8 use.owaersh�P aad occuF�u�Y of the Property Trustor aill aa�mply wi�D al1
<br /> �: , au _. .
<br /> 1 ��gal requirements and�strictt�ns,whether pubtic os prlvate,with respect to the use of the Property.Trustor also agt+ee.a ,
<br /> ��,�.� � . � . � tbat the nat�e of the occupaa�.'3r aad use will not chaage arithout Beneficiary's prior writteu aonsent. .
<br /> �•.` wil16e removed.Qemolished ar materially altered withouc Beneficiary's prior written consent � �..� � .
<br /> ..'� � ��• ' No portion of the Ptoperty
<br /> .,•.: . ._ .
<br /> .:' . , • � except that Tnistor has the right to remove items of persoffat property cumprisin�a part of We Fropeny that ewme Wom `
<br /> ' ` _ _ - paQv7�6 t: -. -
<br /> �,+.,. ' .+� �'+/ �
<br /> q:.� . O 1993 BMtC�s SK�.�^�-•St C�an.�04397•23671 Form AG.�CQ•Of nH t]�36l4�
<br /> .�{.t� � � � �' - --_=_.
<br /> , .
<br /> — _ _ � - ----
<br />-.i9�.i� .. _. . . �—-- .. . .
<br />
|