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<br /> , � This TrusL�gd�viJ ba due .or t�Don tt+e DeYn►8rt�tull ot a'±saans seeured heru�!•�g ,,.,� ' . �
<br /> . e 7vustorts?�eceby rvasranta tAat Trustortal hotds fee simpte tisle to t1+e eDo+�a dossn�Eaa ProD��ri.�Trustats!has S�d�tawtut eutharity to - - '
<br /> • , deed and eae�tlxi asme.that the O��tsenY �s trea and etear ot a1 I:erss and ertcumLrances.eneAt en�umLren=es ot ce�ord.and that . . .
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<br /> .;.. .>:` �' Tnntor(sl ws'!1�nrcirrasri and d�tertd tho�oDertY.et 7rustGVtsi atipense.e3ainst 89 Ctamants�vhomsos►ar. Tnestottsl elso Aerehy wai�res and 1 . . Y;
<br /> � � ;•i �etinputsAes a!rig�ts ot do:ver.ho�esta�ad.d�tributiva stwre.sad exeawtin�u�ar,d m t�s6ovo desan'be�praAertY. . , �.:t� ,�
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<br /> � 1. 4a p3x�h�4�.i'�8�ts.or oNer asse�smente a�atnst tha DroDzrtY.srd to paY�vt�n d�a�asssssmants.taxes.��.�es.nr eharges ... �
<br /> , �� '. . ; ugatl��A��KY ur und¢+Eny[tTase. PBttINI.liCet�„Or P�'.r:+�a ess3�rw_d to Ben9fuciarl►es 8dffrt[ots�1 sec�'N t0 Uus TaGt Oeed.inCiud:n9 . .
<br /> � . _ < � tAcs�a�oa on oa�Cac doma�n . .- _- - -- ..
<br /> . . ':•� 2. To a�s�0 e�d 4eep�su'e^�d 6w;��s and othet improvements e�c?�sd�9 fiacares esnd aita�tanents rww aa a F:ereafter ptaced on tho proD�!► --_",---i;
<br /> to the satistaeFan ot 8o,�extr�ary. S�th insuranee v�iU ba appre�rtad Dy and daD�+�tvith Benefisiary.a�d eadarsed wieh lnss paYaD%a eEauss to �,.�..:::'
<br /> _� 8 e n e fi c i a ry. A n y s u rn s a�c s��e d D y B e n a T i c�a ry m a y b e u s e d to pa y tor reeocutructian of the dastrolied�rnOrovemerts or if not so ap�4 m3y . '' ;� , j�� � ".
<br /> - .--- - - p@ epylied.at tRa OptiM q7�it0l.Ctdt�t.tn GdyrttQt�t ot 8ny indBCtBdn859 RWtUtBd Cr tAfz88tYTEd SBCtAed G7f th�TtuSt Q B e d. � . . �
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<br /> � 3. To keep efl buil�ngs.finnues.attachmerrts,end otlter improv¢m�ts rtou+c on or fmaeafter pt3ced on the proper[�/oceupied and'm good rePa'a. :�,�,,�'`�: ':.:;.• :
<br /> �- mam:e�+srn��a.�d eandition and to aeither eommit nor permii anY a�s o!r�raste or acry L�ng�irmsrrt of st+e w4LUe ot che D�s�rtY• 8�^�y . ,.�.�'�
<br /> . • 1• r eataa u�.�t�a c�f►N�a inspect t�e same er to pertoma a�y+aCts a•aV�d here�w in tho ban sgreemert(s). .�•'_ .
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<br /> ' . �, l:�tha ereflt Tttistot(s?fal9 La OBY 8S1Y�-°nS.�!llSd�Zlstit�.8K�..SS[�Iefl1S.ffixe3. [ents,t�:s,or Cha►ge9 ot mSieRBin any OfsurBilce an t�9
<br /> ,. �}�: paoperty�.pui'�ngs.B:tures.attachrr.enT4,at fmmrorcm°ate 3s R.*or.da�he"��or in the loan a3texmentis).Beneficiary.at its optian,may make - • f 5 ,
<br /> suct�P3�ments ar provide insurance.�s�e2s��.mr QeP��afi►amau�rts Paid cheretar m�l beeeerta parc ot the principai indaCaedness Y.�; �;.,
<br /> ' S��ft�teLy.de immadiatetY dus an4 R�Y�e��at��te:e3L at il�d2fau't mte ptovsded in the t�oteSSf hoan tRe dete ot payme�tf unb'1 pald- :;f r �:
<br />- � TRe a3rranoeme�t Dy Benefieiary nt any sutn tunaurts+nrr�ir�no manner fimit tlee aght ol6enefie9ary to Ceciaze Tnistor►s)in delault or axareisa • ,�_2_-
<br /> . anY of Sr.net:Ciery's otAer rights end remB�5. . '�'�
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<br /> 5. In ffie evern Beaeficisry Is a partyto enll Gtigation aNactirtg tl�e D�Pgnll or ttea fcan oT ttus T�ust fleed.inetuding enY action bV Ben�derY tn �. .��__�.;;:'e.,�,R_
<br /> ` enforce this Trust Qeed or any suit in v+hicls Beneficiary is named a defendant I�clwSa�g condemnation and bantwpuY Oroceedings}6en�ftcisr}► - ,;;,��..
<br /> • �` may irtcur exDenses and advance OaYn'.ettts!or sEsaact tees,ettnmeys tees fto Cce extent a9owed Gy taw),easts.e�enses.appralsal fmss.snd • .,�yv.�;
<br /> .. `'r•' ` other chargea end an1/amourrts so advat�ssl w�f become D���Pi+�P��seeured hereby,De immediateht due snd paYahla artd . � •: t'°--
<br /> .;��' -�>��• bear iaterest at tfie Qefa�dt��te pro�in the�telsl�com ttse date a1 advance until Pa+d. , ,�#���,.,'
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<br /> � �l,� , 6. Any awards maQe to Ttustorlsl a their succass�rs bY the exercisa ot eminent damain are hereby assigneA W He�efidarp,artcf Qetiafi[ciar��ia..' •_ ''s _
<br /> ' hereby authortzed to coUsct and aDPN�o�a in paymerrt ot ar+Y indebtedness,ma�e or unmatiued,secured hy tfits Trust Q�d:,;;:'.: �
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<br /> ' 7. i t�U i g e v e r e t T�w n s!d e t a u t t a i n t t►e p a y m e n t w h e n C u e ot an y sums sec�ued herebY(princFpal.ir�tereat.sdvarteemertt�-:Gr�ik��iv�' '.. .. „ ,r` �-.
<br /> ; .,` e Q vat9ces).or t ai t s t o p e A o r m o r o D s e rv e a n y e n v e n a�t e s n d e o n d i t i o n s eorrtained�erein, irt.t�e natetsl. toan a�e a m e c t{�.��.i�;d�i i t�• .> . -•;, _-
<br /> ', x insuumeM�.or erry Droceedmgs is brought bV ar agau�st Ttustor(s)imder anY BankrupuY laws.Qe;miiciary,et its opdnn,may� ��(�:i�R:��.`.:•' .`1:=�`�-:
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<br /> ,� � . i�dehtgdnesg sec�aeA�erehy to be immediatety due anf!payabte and the whole will bear imerest at the defeult rate.es Wnvi�ti•Ifr tlttz�ip�.�F�:. =_�--
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<br /> and Benaficiary may imm�atr.ty aulhori�a Trustee to euercisa the P�wer at 5ale�anted herein in tdie manner pcavi�d ri�.�!f. � ..t.�S .
<br /> . � .. peeds Act,or.at t h a aptlnn o f t h e B e n e fi e i a ry.m a y f o r e C l o s e t h e Trust Dct�in the�r�ar provtded hy law far tAs f.efW��+ae c�;�1i9►��3���.���
<br /> .,-.,;• �eal propertY,irtdudirtg,Uie appo+ntment o!a Recelver upon ex pmrts appiicafinn,rioflGa:L�etng heTebY exP�Y��v�tl�witlso�la.��.i t�i�,:,.. .�
<br /> . ;� : vatue af tRe QmDert�'�r-tbs suffieienUy thereof to dtschsige the irtdebtedness e ��T A�x�Y or in the Ipan egr�m�cftls}: Oe!'g�e b, �eF�'it ` � -
<br /> in exetclstng ifs dghts upon detau8 wiU not Ce canstrued a�e uvaiver thereqt�n��'ei�•d!8ena�y waivinS enU SFeci�ed det&t�i�+�tF�i�03 ba � � �lrr��
<br /> ,, '' eertsnyed;as a waiver of any future detauh. it the Prace�ds unrPe+r�c1�;Is�er toreeios�ue are inswitic�t�t to paV the tatgi indebttubi6ES see�ued � , , �t
<br /> 'f��`� n� hereby.7�rustorts1 do hereby a�ee to 08 persanalfy 6aund ta A��Q�i��iance,and Benef��wililfse ertbtled us a defidenelt'�^.ed�meM. , f;t�� ��_.
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<br /> �/� r here�li;�eneTaGarll will notity Tnistee wno w�1t ttta�,DuO�ish,and deCnrer to , M s"'°
<br /> -�-- ��-"•4:�„��` ,-� . S d Beneficiary etect to exerclse the P9�wer of Sals grarrted • „� .
<br /> 8 hou! �r�I,1hs properiy at tne time :
<br /> ...,kj;?�; Tncsmrta)sucA Notiee of Oeisult and Ptotlee of Sate as thsn re4uired W 1aw end wilt t^U►e mamrer prnvided by�ia+a,•.. ( .
<br /> and piace of sato fuced in tt�e Notiee of Sate,either as a whote or irt separate tots,pareels.ar items and in such arQer as Trustee wi(1 deem � ";��.
<br /> � • � expedlenL ,Atry peraon may bid at the sate inciuding*rostor(s),TnisUae q�8enefielary. � ���
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<br />-�.i:� �� •' 9. Tnwvor(sl Aereby�equesta a copy of any Notice ot Oefautt or(�oNco'at Sate hereunder to 0a maited by certified mail w Tn�stor(s)et the � �—
<br /> :� ,_°��; addresstes)se�torth herein. ' , . _'.�.��:
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<br />�� ' � ' i 70. Upon detault.B�elicig*Y.eiiher in persan or by agent,witA or without bdnglti,�;Fxry aetion or pwceeding and with or wiihout regard to the . .
<br /> vatue o!the propertY�ijir sufficieney thereof to discharge tha indebtedness;t+,s.wal�lYe►eCY.is authori=ed and entitted w errter upon and take _
<br /> possesstqn of the praCerN in ica ewn name or in tAe name of the Tn�sUae a�d'dtr��rd�a�ts or exyend airy sums it deems.rtecessary or desirabie _'
<br /> � ' ` to R��.PF P��erve the value at the property or any iMerest tfierein;br iF+creesa�1e iACOme ri'�erefrom;and with or w;rhout ta�F possession ���� ��
<br /> � � ,..�';'., pt rha-p�rtY is authorired to sue tar ar offierwise eolteCt the rert[s.(ssues.crops.Oroftts,an����nq;sie the►eof,indudirtg tt�es�.past due and �,t¢ , y�__
<br />_ .�cu��pv'icf..sr+�eDDN�e���DOn erry ir�dfebtednass secured hareby or in the�oan agreecnent(sl. � .,:._} •,���'��!�'}r,��.
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<br /> .� . •'`9[q rEmedy herein�ontetted u�oR cr�Setved LtJ�'riustee ot Beneficiary 1t�Intprrded w be exctusive�t arry orlhQrc����c(c�ur or Ey law '�
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<br /> `` .�� �so'ddr�i�r,permitted.Du�eaeh wn1 tv,cur�t�anve,.�vin�lsn�lh additian to eveN othe�r�inedy given hereunder or novi vr . �!adsting at Iaw +-� -...
<br /> �!•::.••� o�Fn q�d8�Pt 0y statute.artd msy k3�Gxyr�5BA sort�ui}f�JdlYi.±ndapat�ehtly or sueGessivety. :'� �.:.:,. .
<br /> t���`t 11. r,nqftr.�lyd actcstewjeQges tha��a•dUUi:s end oDligaticns ef;'i#usfnn wJA 6e Qetermined sotely by the express provisions o��isfr�,xhut Ceed or . � _
<br /> ,,,,.t���,,;R�, �he�t�r,��W�t{��fi.Q,r�s Act�rtd'FFd,�tea vriq not ne liahte Qxerspt pi f�t�aerl`ormance o}sucn duties and ohtigations as are s�eciTicaUy set . �
<br /> r . '"�:` farth tltete):t�8`.�`%liss{iifed covenants or obGgaUons wilt�e impdg�►tpb;i T(ystiae:Ttustee will not be Iiable tor any aetion by it in goad faiTh „�,'1�;.. .. :�.•
<br /> . '��� and reasor.�hiyl6�llG�rnd_bY�n to be authorized or withfi the Qisccetion oe r'�ghtti at:pcxaers wnferted upnn it by this Trust Deed or stete faw. .
<br /> .t 12, '6ha��rrt�$siiy�u�d'responsibility o1 Tn�torts)Constrtuces e'patc.nf Uu�cor►siQeration tor the o6figations sec�ued hereby. Shvutd Tn,stortal ' • `,� � �
<br />`- i • antl,nzrmlhr,'p�corrveY the OroA�Y�cri6ed heretn,withou��pdpr,3vritten consent of Beneticiary,Beneficiary,at its option,may Qectare the ..
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<br /> _ �. ' e�t�otl�lutidness immediatety dlie reid payabte and maU D��+ed;lir tlia enforcemem o1 its rights es on any other deta�dc. . • •
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<br /> � � � 18, Assjgnmern af Renta inetuding ProceeQs of Mineral I.aeses '�wstor(s)hereDy assigrw.uansters,and comraYe,to BerteficlarY atl rertts. : +V-
<br /> :, ,:' .coy�lt�s,bonuses,and delay moneys or other praceaQs that•may hnm Umo to wroo beeome due and payahle urrdur 1s'GY�eat estata tease or
<br /> :� . . .i; I ,:•�yqr.dity oil.gas.Sravet,+ack.ot oiAer mineral tease o1 eny kind IntSlQing geothEmt�l tesaurces now enlsting ur that�rttai!hereafter eome(nto �,,,� � �+tir'�,
<br /> .�. � , '. , �pttislmticts,:�overing tfie proUntlY�or p�Y paR thereDf. M sUth swr►�so received b�/Benefic�.�y-ari!1 Ce ayPf:eci io 3hO�t..�!6�ess secured �f ,
<br /> ' ' Ii��G�� n1�0eneflds'ry.at_its pptinn,•mey turn over and detivat a U'm�s3corlsl or tneir suceess�on imerest,azry cv a:t ct sG:eM s.a'r�s vrithout � � � •
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<br /> ; �ti , � ' .����N�ttiud1A�-t0 8t1y pf{3Ci1L{�C18Iy's�.�F�his to take and retam tunce s:rms,a�d withnut O�ei���3 ronv o!its athe�ri�tta tx.�+�Trust Deed. '•.•'4 `
<br /> � � � thi9 aSSi flAme�tt•t�+llf�s�CpnsV�d to be a provision tar tM p3/R'�ent c:reQ►�tion o`��bL�'�1�=`M�����'✓g�t��Ih�reinDetore .
<br /> �: � � • � I pro+hded,ind"ependhht•o!the fien on th0 ptoperty. ll�payn'.eM m tuII ot th�a�Y�t s.'�O tne retonv0ydnts m4 tiUli 7 ��7 iet�rd.�iu , • _
<br /> _ � assipnmem Ndlt I�ecat(�e'InoPe►etive end of no fuKher torce and eNeet_ � ��''"T'�y� °� ;
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<br /> 14: 'I`hia Trust Deed eonatitutes a Seeurity Agreeme+rt with�espe�to a[E ttro properay Qescrihed herein.
<br /> '�' ' � ' 18..71ie covenants eoMained in tAis Trust Deed w:ll be Qeerr.e0 is I�e severaDte•irt the event that arry portion of tNS Tnisi E1�a��t dezarrnined "`;.;�,.�-:;;.4;;;�
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<br /> � '��5 f co be void or unenforceaDte,that daterminatian w7f�rot aftea tl+e vati�ty o0 the remaiNng portions ot the Trust Oeed. .
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<br /> ��;/' '' ROSERT R CHR{STY J MORKY •
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<br /> `+: �11�lVIDUAI,BORROWEfl ACKNOWLEOGFNfN7 . �
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<br /> , , ' A �:OO1S4086: G�tmari/Customes(D A:00033392: pP 0:65180 IagN Ooe.�ate:AuB�t 25.1998 Pa 2 �� '�,,:.
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<br /> � � � , � FC�5M 5611 Trust OeP.A 8n0 A4signment ot Rents � ! •' .���
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