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<br /> :•E 7.Emtnent Domaire. er ia re Y 1 oompensatlon,awards,damages and other paymeme or re�bpf ihpr��qtter'ProceeQs') :f: : .
<br /> . ;� in Connection with eondemnatio�or other tekfng of the Ptoperty or part thereof,or for conveyaacs in 16au of oaqdafia�tiv�1.��der sha0 r -
<br /> � ? taken or dart►aSed•lender Bfia11 have tA9 option in its sote anA absotute dscretion.to eppty aU sucA Pracagds.at?eT•dwati�(ng��etrom
<br /> � � � � a11 costs and e�cpenses incurted by it in connealon with such Proceeds,upon any indebtednesa seasred har�py 4qQ i+f.sach order as -
<br /> Lerder may detertnine,or ta applv ali sucA Proceeds,after sucA deduaions,to the restoragian of the ProperTV upaa setc'tl,qondttions as
<br /> Lender may detertnine.Any epplication of Roceeds to indebtedness sAaf1 not extend or postpone the dua QMa ot eny,p1}Cments unQer .
<br /> the NOte,ot cure anY defauti thereuncler or hereunder.Any unapp4ed funQ9 shall be patd to Tnutor. � � _
<br /> ' 8, PeAprmance by Lender.Upon the oecurcence of an Event ef Oefauh hereunder, or if any act is cci'kan ur.lt�a#�pmceeding �
<br /> .. commenced which matetia!Iy aftecis Lenders interest in the Praperty.Lender may in its awn disaetion.6ut wtihau�.otlifa►YNon to do so. .. ' '
<br /> • � end without notice to or demand upon Truscor and without teteasin9 Trustor trom anyr obligatan,da anY aot whit�7s[iatR�has agreed .
<br /> �� . ; but faits to do and may also do any other eet it deems necessary to protect ths security hereot.Trusior sfit�'!,immadipt�ItroAen demand � • �
<br /> • tAerefor by Lender,pay ta Lender all casts and expenses incuaed end sums expended by Lender in wancictipn witb.tha exercise by � �:�`'..
<br /> Lei►det of the torego[ng rigMs.tagetAet witA interest thereon at tha default rate provi4ed in the Hotp�whitfi sh�p0 added to the -_ -":�v.,,r-.
<br /> � ^ � inde6tedness secured hereDy.Lender shaU Rot incur any Gahitity Cacausa ot anything it maY do or amit to do hpmundqt: �a T=:,, r `'Y-
<br /> � ,!: -.�j 9.t{emrdpus({Rat�lals.Trustor shail keep the Property in compiiance with aU apPGcabte laws,ordinancas and regutattons retating to - .�' . <.:;
<br /> , ��.
<br /> � industrial hygiene or envimnmental protection lcollectively reteRed to herein as'Environmental Laws'}.Tn�&tar-s.ht�a�&eep the Prop�ty � , ..
<br /> - S hee from atl substances deemed to be hazardous ar toxic under anY Er►vironmentat Laws�oottectivetY.refa+re�ta harp'in�as'Hazardous
<br /> '�a Materiste'►.Truscor Aereby wacrants and represenu to Lender that there are n4 Hazardous Materiat on o��unduc�thtt P'copetty.Tcustur �;t,"',-� ��--;^.�'-'f'r
<br /> . . ,;; hereby agrees to indemnify and hotd harmtess Lender,its directors.officers, emptoyees aad agents, and�1�sucee�ors to Lender's �L:;_::• .•_:,• : ..
<br /> . �� i�tterest,hom and against anY and all datms,damages.Iosses and Gabitides ar�sing in connectlon with thn presanca..ase,dlsposat or r :.' ,
<br /> uanspoR of any Hazardous Material3 on,under.from o�about the Property.THE FOiiECiQ1NQ WAflNANTtES AiYA AQP.RESE�1TATlONS. F
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<br /> qAtD TRUSTQR'S OBUGAT1Ct7S PUASUANT TO THE EOR£GOIN(i INDEM�TY.SHALt-SUAVIVH A�SiNV�YAT�[RB OF THiS DEED OF � .-,r
<br /> � TRUST. ' . • � s ' 'sn'��t��r
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<br /> 10.AssTgrtment of Rents.Trustor herety assi�+s te Lender,and c,,,ams S�C�a�..'s����j,Rti'prasmrt.future and�isr �,,�`i t�,n. ��s:
<br /> 7 tising reats,issues aad pmfits�F fhs Frt�e�1:a�;2�ov+��fi'f�+a2 Trus[ar�`��4:,d::��a�.-"'z ci-,ari:�xvct�'cff.�iefaiilt tC2re�ndsr,t;,�u� � a���,. _
<br /> r � tt �;g tfie agM to caQect�d retain sud��etiss;�:ts�:r3;��sagts 2s the�?L�ca�dae a��1���=1¢:_tl�a:c r�s���',ur�i..-e c.s zz��nf �rxt" � �---
<br /> s , `�' a t;;#. Oefault.Lender may,eithe�ib '{�§cn�i5i1�ga:r.;.:�i23a ma,+ar�:c��t�gingir,y a-�a�i�.T���cuc�z3Fr�'.n''�► stecaivar.��-�b•p:a �.�F,- _-
<br /> rl�i,< q ^+�y,r� �aut and withaut regard ta t2v�a�*..�aF:r.�s�= &�2�:��zz��Ac��►.a�if�e PmAg'A��':a�i'a{�.�i iti3�of ic�its omr�: ;` ��`�r�} _._
<br /> '3 1 ���R a r�. namg cr Fa ttse naera:,�ff.�'?CT��rS e7���r-CS w'C�¢�cteEnss x�ec�M ur c�isbia ta Qtti�s'��r#Ra Va�tre,r+arketais�it�"ar . ,} t = ,'
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<br /> •, a��,�c�,� . rantebT�Y cf'L`t9�`a�i..'x'tiF:or�'��t t?�aeef vr int�esG tlt9�ecy ar to iRae�e the inco�tfieraftom tit•Qrotact.the 5a�sty hBreot and, � t
<br /> ,S+h�r'���+"t �in�l ar a c�>i s L i a t c�g�c�s s e s s i c�s C f t h e t't c D e s t�V,suefer��xJserwise p°..�t t[�e cears,r�es and R�oflte thqrq?F�.ind3�3iag those past "°�-
<br /> t ,f . i`�3���': due and anaaic5,b?r r':°��.3��s to m-�+s9 paymems m[.snder. Lend�ma1►aPA�Y re:is,issues end Pmfftp.;��ss i�sts and expenses .
<br />,_��:�i.��;•.;�'�+.,;r;r w!; of operaUon a-�w aa9actiart ii:stading attomeys'fees.to any in0ebtedness secured herebY,aIl in sucfi u�d�,as l;astder-may determine.The --- �:'
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<br /> �,;�; : entering upon arid taking possession of the PropertY, ths collection of sueh renta,iss�+es and ptofita.•end thtt appacatian thereot es f ,- �,.-�_
<br /> .�`f - F aforesald,shall not cure or waFve any defauk or notice of defauft hereunder or invalidate any aat dane tn.[�Iqnse to suCt►detauft or t '
<br /> pursuant to aucA notice}of detauk and,notwithstanding the continuance in possesston of tha Fkaparty on tha caSSect►on,receipt end. � r t='-
<br /> - � Y`�•` Gcation of rerts, issues or profrts.Trustea and Lender shall be entided to�ezercise evesy dght.pm+�itt�td far in any of the Lnan # ��
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<br /> (nstruments or by law upon occurrence of any Event of Oefault,including without 1¢nitatlon tha riphTta��axerc�se the powe►of safe. ,��
<br /> Wrther.�ander'a rigt►ta anA remediea under this paragreph shall be eumutative wtth,and in na wtry a�em{ttstfon on,Lendera d8hte and •,.. �� -
<br /> � � • � •5� remedies under any essignmeM ot teases and rents reeotded agalnst the ProAerty Lender.Tru�tee anA�the receiver shell be IiaDta to . ----
<br /> . � r '� eceour►t onty tor those rente actuatly tecelved. _
<br /> ` ' 11,Ev�c�ts ot petaNt.The tol{ow�g ehall constitute an Event of Oefauit under this Dead of Tvuut:: --_-
<br /> • � ' tal Failure to pay any installment ot prfncipal at interast of eny other sum secured hereb�whcn�dtla:, —
<br /> �� � (b)A breach ot or defauft unQer any provision contained in the Note,thi9 Deed of Trust.an�S oYthp Loan lostcuments,or any .:; _� .�
<br /> • . other lien or enwmbrence upon the Pcoperty; ' �.�5`�" 'r �i,�'��``-
<br /> :.
<br /> {c)A wrii of execution ar attachment or any slmilar pcocess sfiall be entered ag�nsi Tructnr�wh�t!d�&tlt��beeome e lien on tAa :,:�_��
<br /> %+ Ptoperty ar anq portion tAereof or interest tAeretn; � `�.'� ,��--
<br /> � � � � - Id)There sha11 be fited by ar against Trustor ot Borrowet en ection under any.presm�t or.tututa fwdc�tA�;stxte or otfier statue,law �_
<br />_ �;:•, or�egutation retating to barfkruptcy. insolvency or other refiel for Qebtors;or thore sh�1 be appaintefd'.anµ'•ttuAtee, recetver or ��_
<br />` . liquidator of Trostor or Borrower or of aU or any part of tho Piroperty,or tho renta.i.r�um or•proflti�tnbrp�f►,or Trusmr or Borrower , . . ;'"
<br /> �=,�
<br />" � shall make eny generat assignment tor the benefit of cred'ROrs; . '�' `�.��•'•�=__-
<br /> � � (e)The eale,transfer,lease.esstgnment,conveyance or turther encumbranca of aif or•a:�y,paUdf+or any interest in the Roperty. ` �".;}�:���-
<br /> � `�,.:3 eftAer votuntarity or invoturttarily,uvRhout the express written consent oi Lender:provl�leJ thFR�Yn�tar shall be D�tted to executo i � t_•---..
<br /> � ' � i a lease of the ProDe�tY�dow rtot cantain an optl�n to purefiase and tha term af;whic.ti dbes not exceed ane year: . � >• -
<br />�`'♦ . ' tf1 Abandonrt�ent o�tf;,�Proa.�as �'';""::`;�" _—-
<br /> , , �t ' . tS) [#Trustor is rc�t a��':SY:�u�t.t�e issuan�, e�e,ttansfer� assignmeTt�,'ccrneYance a� encumbrance cf, more than (if a —
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<br /> � ,4�r 4 corPoratia:r,�•acWtal ot�,��Ge�ert ag its issued anA oututan�s�isroc�,or{it a partnersfiip)a mtal oi x�, Ce�Ceat cf :� .�y.
<br /> ,.-��
<br /> ` .� �,; partrtershfp��sg:e5ts,cr�C�J�tu�iceb G�3�:-p company!e totel of Hl�c percent ot the fimited liahility company�nrsce.�^�s c��t�l3�t� . , �`w
<br /> , , '" dgMs during the periad diis 3y:ed-of Truss sematn9 a tien on tha PropertY. . -_-
<br /> ,�`:•i 12.Remedfiast Acc�f(ut►tlpon Oefaalt:In the�cer,t of any Event of OefaUtti�',Ser may,wiihout notiee exceA,t ssre¢uir¢C+C'j law. �
<br /> � declare ell indebtedness a�cared fiereby ao_be Que ec^.3 payabte and tho sam$st��.�i:ereupon become due end�.�u�:le without eny , ,. ,. .,�,_
<br /> 5�,�,' , preseniment.demand.Protest or rtoticeaf any klnd.ThESeaftes 4endar may: . . —
<br /> ' �r ::,• ' la)Oemand that Yrustee e�cerGc-�a�: POINER OA 8Al.E gr�t�dars�;end t'n�stee shdt d�ereaher eause Truatof8 intetest . .��,
<br /> � --Yr,'•`•' in the PropeRy to be sotd and the�asw�;s to be disttibuted.adl ln iho mos�nw provided in the Ib�na'�ca Trust Deeds Act: �����,
<br /> . ' . � (b)ExerGse eny and all �ightg isrs.ided tor.in a�p of tho i��an Irlsa�umente ar bv �� ��%n occurtence of any Event of ., :;,.,: ,.';,:.;�-
<br />- •� , , � Defautt;and • eint a Ceceiner,or speciflcaUy enforCe any of the � ..
<br /> (ei Commence en action to fcrFSd�:se this Oesd at•TruEt.ss a martg�a,•aFS , �
<br />��: •'.��• .:ovenatCS fiereof. � . .°�"`�::.
<br />_ '�};,`�; • Nv remed�h�[rrein confened upon or re��v�0 to Trustpo o��l.'end��iq+intund�ld•to be exclusive of en•y other remedy hereln,In the Loen <<
<br /> � '• ��E�:�i..�...
<br /> i� `'`' Inauuments ar by law provided or permicted,but each sPidt�be cumut�4ir�„shalF bs in aQdftion to every other remedy given hereundor,in • . .••;��`,f j+
<br /> .. 4��:.:�_i:.
<br /> � the Loan Insuuments or now or hereafter oxlsting at�tawrof�in equitY�an6r ssaYUta and may be exercised conaurrenUy,independently or �•.:;: `� ;�`...:, :
<br /> succeasivety. � '+��
<br /> 13.Truateo.The Trustee may resign at eny tir'nu wMtfout cause,end Li.yrd�z�msy at any tirt�e and withaut cause eppotnt a successo� „ . ,
<br /> � or substitute Trustee.Trustee sAa11 not be liabte to anY Party,ineluding without limftation lender,Bortower,Ttueto�or anV P�rcheser o!
<br /> ` �� the Property,for any toss or damage untess due to recktess or wi�ttul miscanduct, and shall not be requlred to take any actton in �4 :
<br /> " t connect(en with the entorcement of this peed of 7rust unless indemnified.In writing,for ali costa,eompensatlon or expenses whicA may r .,
<br /> be essociated therewith.In addition,Trusiea may become a purchaser at any sele of the Property Uudieial or under the powei of sate
<br /> - • �• granted herein);postpone the sale�of atl or any portion of the Piroperty,as proviaed by law;or sell the V�operty es a whoTe,ot tn seAarate ,
<br />�; � • parcels or tots at Trustee's diseretion. �
<br /> 14.Fee�end 8xponses.ln the event Trustee se{ts the Piropeny by exercise of power of sate,Truotee shatl be entitted to app1Y any sale ..
<br /> proceede flrst to peyrtseM ot all costs and expenses of exercising power of sale,including all Ttustee's fees,and lendeYs and Trustee's
<br /> - • attomey's tees,actualty incurred to extent permltted by aDplicabto taw.In the event Borrower or Trostor exercises any�ight proviBed by
<br /> - ' law to eure en Evont of Datautt,Lender shaN 6e entitted to reoover from Trustor et1 wste and expenses ectualty incuned as a resuft of . -_
<br /> • Trostors detautt,inctudiRg wfthout tlmltation aIl Trustee's and attorney's feea,to tho eMant parmitted by applieabte law.
<br /> - 16,Futurg AQvances.tipon repuest of Borrower.f.ender mey,at Ita option,meke additlanal and future advances and readvencos to .
<br />:"":; ;:-�:;`�i;� ••` gonower.Suot�advantps a��reaJvas��s.with ir.te;as7 thereon,shatl be secured by thi9 flee4 ct Trust.At�time shall the pdncipal . . .
<br /> � � �' ,,�i�;�' amount o!the indebtedness sea:re�by r.t'r"s 0ees ca Tcust.not ineluding suma advanced to prod�x d�e seeut�.�d!thi9 Deed of Trust. , , _ __
<br /> .r�'•'•�;'.1',,?•,1:::;�:• exeeea the origittal prin�aS amount�.'�.'7�'V'�1't.G'5�.�n nn0 e�0 .tKY'��'IG''.Ql IS�f6.m:�'. ' - .
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<br />����'�' � . . NBC3457B Wonagncutnam Dea�Rev.8N5 , .
<br />��:.;�. -� 1988 f�acmnat 8W of Car.marce irust and Sav,n�nssooanen t,neo�n.NaWasta . .-
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