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<br /> �� , ;'` A9-18-1998 DEED OF'PRU�T Pepe�e '_
<br /> . � . L.oan No 793408 (Continued) ! 98-• 1�'�� � !-
<br /> .. : t °m`-�' ' . f .
<br /> -- - - . Te»::. TM to!lo�rinp eR�4 Gor�stltute h_Y�ta wh4ch thh eeottan e��lle�: (a)R agocllle tax upan 1!►+�typs af Ra�d a!Tru}t ar upan�1 w�ny =
<br /> ° paA of ttu Indabtsdnoss taoured by thh O�d ot T�ust; (b)�tpulflo hx on Yrusta whbh 1Fusto►19�utAoris�td or rput�d to Oaduct�rom E
<br /> • �� paymenb on tM Indabt�drnss a�currd by this lyps of ONd ot Trus1; (o)a fox on thts typs ot 0�8 of Trust oh�trp�abts a�slnsi 11w Urtder or !�'
<br /> , ths holdsr ol tho Not�;and (d)a speciflo hx on all ar any porllon ot(he�ndebl�dnes!or on p�yment3 0!prinCt�t�n6 IntOrpt m�d0 by �
<br /> . :� TNSIOr. �
<br /> SvDtlquent Taaa. If eny tax to wh!eh this sectlon apptlts 19 eraot�d suhsa�uont to tho date o!tMs Deed af Trust.tN�evenllhtN hire tl� _..
<br /> ' •.� sarrw�f::ci u�an Gvarst of 0.1�u�t(�d:An:fl Er�au�n�t.cn�?rr nay wcc�ci;.�any or a7 ot t�ovaAab!�ram:sia 4ar nn Evc+nt G}R.:ac�t n� �
<br /> provld�d a►ow unlass Trustor Nther (�)paYa Ih�hx ton k b�com�s dNInqWM,a (b)cont�sts th�hx af proNd�d tbov�tn th�T�xsa and
<br /> , �. '� Liens teoUOn and depostta wllh lsnder c�sh or e auftict�nt eorpor�ta surety bond a o1F�r seoudiy eatisfactory ta L�nder.
<br /> " .� 6EGlRI11f AGREfEMEHTi FINANCIHO STATEIAENTS. 7'h9 totlavllnp provislons rel�tlrp to thb Deed o}Trusf as a�saKlYy oBreement aro�part of
<br /> �` tNS Oeed Ot TnAI.
<br /> y,�.,,�*•!�4�' .. 8ecudty Apnaemenl. This instrument ehiN comtttuts a seoudry ayraement to the axtent any of the P�operty corisCtutQS fhdur�s a olher
<br />�� . . t� p�reona!prope�ly,and Lender shaU Iwve alt o!!Ae tiphb of�s�ctuod puty unda tha Unlfam CpmmercW Coa as tmendad hom Ue►w to
<br /> . ,, y. Hma
<br /> �-. Securfty I�erast. Upan request by Lender.Tnistor sha8 exxute 8r�ancinp s4temonb and ttke whatevar othes acUon b requesled by l.ender
<br /> � to perleet u�d eonUnue 4ende�'s seowit�r fnterost tn the Rtnb 8nd Persoml Propedy. In addiUOn to reeordinp U� Qeed ot Tnut In 1he roit
<br /> - propedy recads,Lenda�miy.at any dme and witAout twther aulhoriraUon Nom T�usta.Ns exewcted counterparb,aoyl8s a roproducNom of
<br /> . this Dsed ot Tnnt as a ftninainp statemont Trusto�ShU roimburs�Lender fot tl�snsa Insur�d in peA�c1lnp�coMlnulnp thls t�auly
<br /> ' interest. Upon defaulb Tnutor shaq assombte the Personal Prope�ty In e manner and at a pltoe reasonably eonwde�H to Tiusia aod tsndar
<br /> , . ' and make A ava9abla to lender wlthin three(3)days after reoelpi of written demand irom Lenda.
<br /> Addr�sse�. The maiting add�esses of Trustor(debtor)artd Lender(secured patly),trom whbi►Intarr�UOn carcerniny the secwity intp�est
<br /> � • � grantad by Uds Desd oi Tnut may be obtalned(each as raquired by Ihe UMtorrr►Cemmerelei Code),are as atated on the erst page of t1Ys Ooed .
<br /> , of Ttusf.
<br />- � '., �"' FllRTF�Ft ASSlR1�tiCES;ATTORNE1f-lN-FACT. Tke tatlowinp prov(sions relaUnp to fuRher sssurances and attomey--IMact are t pu►of this
<br /> ,, Oeed ot Ttus�
<br /> `,.':�' , Furihet wsw�a At any tlme.and hom fime to Hme,uPon eoquest of Lender.Trustor vc41 mako,ex�cute and deliver.or w�eausa to be
<br /> � mndo,exeeutad or delfvered.to Lender or to Lenders dest8nee,and when requested Qyv L2r��sv,cAUaa to 6e Ei3ed.c�ecerded. �Kied.a
<br /> � rerecordad,as the casc►may be,at such tlmes and in such oRloes and pleces as Leader rrr�y deEm uigyvap�¢ca,u►N ertd silt such martpapes,
<br /> .- de9ds o!fiut,sew�iy deeds.seeurily egreemtv�.8nandnp 8latemenb.coMinuatian sta9a."nenb.fnshtlmeaSs a4 Mtkn�rns�uramee�drtl�eata,
<br /> �,,;� and dher dxum6nb as may.in ihe sote apWon af Lendor.be neoe�ary ar dr�ra9fr�[n c�der to elE�cttta4�,�te�,�1,cominu0.a
<br /> ���;' presenr� (a)the o�UgatEons of Trustor under the NotA,thb Deed af Trwt,artd iRe Re�ab��aec[:rteMs,and (b)tn�tts��a�gacu�itY Intensts
<br /> created by Ihts Oeed ot Trust on the Properry,whether now owned or hereafter ecqutrr�7 @y 4ncstcr. Unless prolUhAed Oy L3x��c enreod to the
<br />_;�t• �,:�r, corttrary by Lender in wriHng.Trustor shall reimburse Lender fa ail trogts and ex�ens�s[nettrted tn eonneetion wYh ths maCe�rs rofetred t01n
<br /> -�-�:.,;,. . , this peragreph. ,
<br />- _ Attomey-d�Faet. if Trustor felis to do any ot the things►eterted to in the arooa�?:rQg QaregrapC�,Lender may do so for anr3 in tho name of
<br /> --.=r'� Trostor an0 at Tnistofs e�ense. For such purposes.rrustor t�er�eby urevocacry eg�cxnts uen,aar as Yrustds aitaney�n-tnd Ja tt�e pw��r+�'a ,
<br /> `-•����:�-rj7r� � of mAkinq,executlng,delivedng,Bling,�ecadir►p,and d01np all other thinps es enay�nea�5s�y or des(reble,in L.ender's$ols opfNon,to
<br /> „�=x.•-:�., ` • prooedingparapraph. •.
<br /> _.:..� :,,4 �c accomplish the mattera referred t0 in the
<br /> . 1.:r.�..!(�1��
<br /> �F•-_. �";.'.}. ' . FU.1,P�RfOANANCE. It Tnutw pays aU Me Indebtedness when due.nnd otherwtse perfomis nN Qha:obGgaHot�s imposad�ore TQaay'Qt.YtMer thts
<br />-�:��-i�� � Deed qt Uust,lender shatl execute a�d delhrer to Tnrstee a request tor fun reconveyance artd,shnil�oecute ertd de6ve► 4o.;Q�us�af suitabte
<br />-���"d�' .. statement�of termtnation o!any finanoi(�g stater�eM on fiie evldencinp Lende�s secu�ity intarest ih IPea�Renffi arrdl�Ui9 Perso7�a0 ProII�Y. �y
<br /> =_R�;��� reaonveyance fea reqWt�d by iaw shaY be�aid by 7rustor,M permittad by epPlicabie law. � ;.
<br /> ��'�� � pFFAIi.T.Ead�oi the 4ollawlnp,at tha optlon ot(.ende►,shall constltute an event of deffiWt("Evert1 af Gafault`�unde�1'�a�ded d?lt�� '
<br /> '- �,_.�m .
<br />"'-s'�=�=��� Oatault on Indebtednesa.Feiiure ot Ttusior to meke any payment when due on the Indebtedn�s.
<br /> ��-':���'c�L3c�
<br /> ;,;.r;:;, t?eta�At on Other Paymente. Failure ot Tnutor witAin the time required by this Deed of Trust ta make any paymant fa texes or U�gtxtnce,or
<br /> _;����� eny other paymeM neoessary t0 br�ver�fiting ot or to eftect discharpe of any Ilen. �
<br /> '-�rv �....=� COmpllance Detaut� FeNure ot TFusior to eomply with any other term,obUpadon,eo�ienant a eondiBon containod fn this Oeed of Trust,tho , •
<br />--°'�="{°°� Note or in rny at the Ratated Documents. • .
<br /> '�;
<br /> ����� Falae Statemems. Any wartani�,rep�eSe�edon or statement made or fumished to Lender by or on behatf of 7 naror under ihis�eed ot Trusf.
<br /> �°�-::1� the Note a the Related Oocumerds!s fa�5e or misiaadin0 tn any materfal respect,either now or Atthp flme made or pKnished.
<br /> - °'��� DeteCtiv6 COItAteroifzation. This Qi�ei!of Trust or any ot the Releted Daurrtents ceases to'bA.in 9u�tnrce aqtA 6l�ct Qndudtos�f�ihae ot any
<br /> -_- - cotlateral doeumeMs to ueate a vaiid and pedaqtad secudty interest or Ilen)at flny 41m9�td fa sdy re&san. ,,' ' ': . •
<br /> ---° - Death or InaoNency. Tha death of T�,.�,�Insatvenoy ot Trustor,tho appeintmo�ot a reoelver tor a�a•�art>ai Tnistofs aopedy.any
<br /> �=`�`-++�%� ` ass�pnment for the benefit of credi`ars, s.�p`typ�e pf creditor worlcout, or the c�r�martcemeM of any prQo�qe9i��+rider arry bankniptcr or
<br />-.'"'"°.�:`;;;� (rtsoNencY�wsbyara9ain5tTnu''rlr_ �
<br /> Fondostae�Fortelturo,etc. Cac,r.7iencement of torectosure or forleiture proceedinpa.whethermV lutlk�al proueednp.selHbiP.rePo�essbn
<br /> �.�_° � ar a other melhod,by eny a¢d�4or ot Trustor or b an ovemmental a k
<br /> ."."� �Y Y Y 4 SeneY aqainst any o?ina Pippe�iy. Hwirewr.this subseeBon at�not
<br /> —_� eDpN�� !t�y.;eet!�!8 aoDd!8llh dispute by Trustot es t0 the vBlldRy O!teasottebFen�S of ih9 Cf9itn whlCh fS tAe be5b o!the tOreClOSUle a ..
<br /> -"`�-- taefeHUre F+'y�o�1r�,provtded that Tntstor qives Lender w�ftten nodce ot SuaA a�sirh artd hmt�ahes reserves c►a surely bond tor tha cWm
<br /> J"�'°°_�'-� satistacta'ryiz t:mn��.
<br /> -�� g�ch of0lr.Qe m�reemem. My bresoh by Tnutor under the temu of any other eqreemen!�atw�en Trusta and Leader fhat is not remediod
<br /> ��-_��� vrllhin�u,iy ga�perbd provScCBd therein,induding wlthout limtta8on any apreement conoerrttng uny irtdehtedness a ott�ob0�a�on ot Tnistar
<br />-_:R� °t�,4nnner,wF:etAar exlsUnp now or Iater. � '
<br /> •::.r ��r�s Events Att�+Guerantor. My of the groc�'�q evems oaurs wtth�esPset to any GuaraMa o1 any o!tt(p'PuMe�Ledness of any Giwrantor
<br /> ""'.v�c:�� �' dfes or becd�c�-�9��oompetent.a revokes aa�'�:f.es the velidfry of,or llab�iy unc�r,any fivarenly ot th9lnde�4edn�x Lender,nt ils optian,
<br />-qr� :. . .� may.but shai7 noT be�utred to, pemtii Usq Ocaaranta's esffite to asssrm3�ncand[Uonauy the obitgatlons�isinp under ihe guaranly tn a
<br /> •=,i;.':_t:i�:i�.' ,, manne�setlslac4�ry to Lender„�.�Q.in Going so.cure the Even!�Delauli. .
<br /> ..',;•Et�'.; '
<br /> "' .s,'�°`• `�,: InseCtlrity.LenOer In good'�ist d��ams Itselt insecure.
<br /> ,s<<..,,�,� .
<br /> �.��:��;;:''�}�' -�
<br />:;;;,;,;:,;y�:f. .. Ddsttn�lndebtedrtess. A defAuit shaU oocur under sny F�ds+ir�►nQebteQrress cr�ndet ucq�,t insiiument on tRe Propedy�ectcrinp anY ExisUnp
<br />:: �j' � t � tndebtedness.a commenceme�of any suif or other ectlon to leroetose any mr�a�iten ar►U�¢'aaQerty.
<br /> :: �� +�„ •-, �
<br /> �4�` {' RiDht to due. It sucA a tailure Is curable and H Tn�stor has no3 beert�v�.T e rta9aa at¢l�;�re�i of the same provisla�ot ihis Ooed of Trust
<br /> '::���J�1;, � within the preceding twelve(12)months,tt may be cured(anQ rao G^v3nt or IDLY�Wi uta R��t��flenrred)if Trustor,rd?!cr�zut+t�r sereds wtilten
<br />. °� v;". :� notice demanding cure ot such taiture: (a)cures the taituro�t�lhirr t�n{10)days;ar (b)if(',rto cur�caqufces more than ien(r��dn�ls,immediatety
<br /> _=.;,'fi;;:t�►" - lniva�na staas s�dBdsnt te curo the tailure and theteaHer conGm�s snd eotrroletes ell rc�sac:�b18 and ReCessary 6teys s�.""...Cihnt to produoe
<br /> e"� i:. compfianoe as soon as reasonabiy practical.
<br /> �'f:
<br /> � ' ' RItiHT3 AND REl1[EDlES ON OEFAt�.T. Upon the oocurtenoe of any Event of Deteufl und at an�dme thereafter,TNSteO a Lender,at Hs opUon.
<br /> . � � may exerdse any oae or more ot the totlowing dghts and remedies,in additfon to any othe►dghts or remedies provtded�taw:
<br /> ' �• Aeeeteratbn upon Detauth.Addittonal Remedtee. If any event ot defaNt occurs as por the terrtis ot the Note secured hereby.Londer maY -.
<br /> dc3ct3re all Indebtedness secured by this Oead ot Tnut to be dua end payable end tho same shali lhereupon become dua and pnyabie without _
<br /> any preseidmont,demand,protest or noUce of any kind. TAereafter.lsndar msy: --
<br /> - - (a) Frlher(n pereon or by agent,with or without bdnpirtp any aCtton or propeadfn�,or by a receiver eppalnted by a court and wiihot�t
<br />, •� regard to the adequacy of Its security,enter upor►and take possesslon o}tAe Properly,or any parl thsteof,In Ns awn name a In tho�art�e _-
<br /> of Tn�tc�e,and do a►ry ects which tt deems nacessary or deslrabto to presenre the value,marketabftiFy or rer�ebitity of the Prop�,or D� -
<br />• � of the Properly a lnterest in the Property;inaease lhe income trom the Properly or protect the secudiy ot ihd Prope�ry:an0. lvA h a w[thoul =_
<br /> � • lakie�g possesslon of the Propedy,sue for or otharwtss Collect the re�s,icsues end pto�ts o}tAe Pro�edy.lndudlnQ thor,�e pist due ana
<br /> � unpald,and apply t1re same,less costs and expenses of operaGon and Coltectlon,inctuding attomeys tees.to amr�ndebtednes�s�vrod -.
<br /> by tNS Oeed of Trust,ail in such otder as Lender msy determine. The enterinp upon flnd taking passesslon�f th��roperty��he eoneeUon
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