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<br /> � 19. LENOER'8 RtQHY TO COWYIENG
<br /> E OA OEFEHD LEGA6 ACTIONS.drentor shali Imnediateiy vtde Londer wfth wAtten natioe ot any eaua! a �
<br /> �„ • . r lhreatenedacilon,suit,ar otPter proaoedng attecting tho PropeAy.4rantar hereby eppo�Ms Lender as ta attamey-ln•fact to oammonce,intervene In,and _
<br /> ' d6lend au�actlona,suha,or othsr legal proos�ding�end to aomptomiae ot serite eny dafm ar aotnrova►sy rteining thoroYO. L,ondor chaU not bo Iia4to to
<br /> ; ., �ned fla�oln�wiq�v�-�nt Lcn�r h m t�c►rtg the a�etlons��edbed iniNs�npar efreyh bods own na�me�or any dam2gos rosuitln�thoroirom. Nothl�g�
<br /> , corttel
<br /> " 1�. MDEW�Ui'tCA110N.l�ender ahali rtot essumo ot be rospon�iblo tor the pertom�ance ot en�of Orcu�toYs odi8ationa with rospeot ta Iho Properry urtdtt�
<br /> any dreurttitanoes. �ramor ahalt Irm�dlately provtd0 lendar wNh w�frien noiloe of and Inderm h end ho�d Lender end Ita�harehotders,dtrc�ctora.omcam,
<br /> �rtyloyNS and epents hazmlesa Prom a!t daime,derre8aa��labilitias pndudng�attomeyo tees end lepal ottp:nsos),wu�os of nctlon,actlona,sulls ctp0�
<br /> . other legal prooe�ngs(auv�utetlYefy'Ctalrrory p�Aaining to tfN Prop�tty tindus�ng,but�ot Itmited to,tFosa tmrohrinq Hexardous MetedNs). arenta,upe�
<br /> .. ; . the request af tontbr,ahall�►tre legal caunsol to defend Lender trom euoh Claims,and pay the attamoye tees,�ega1 expenus and other ooate irtcurred N C
<br /> '` oonn�ctton therewlth. in the altemativa.Lor►d�►`hsll k�cntitl;.d to crr�:oy fts o�m I�g^I,rounanl to defand sueh Galretis at Qrnntaru mst. f3rentof�
<br /> ° obltpntlQn to tnd�mifry L�nder unde►this Para�eph shail eunhre the teminatlon,rakaae or toredoaure of ihis Oead ot Truat.
<br /> -�'�~� 16.TAXEB ANp A88ESSYENT8.arantor ahaD Pay ei�t°xe$end aesesart�ems re!at�np to Properry when due and Imnedately ovid�Lendor evidmnco
<br /> ,iM�iil� of pa o}eart�e. Upon tta request of Lender.Granlor sh�q deposit whh 4ertder esoh rtnmh c�ne�lwetAh 11/12)of tho e�od urmual tneurance�
<br /> w,.,"„Nd� urr�taxea end essessrnrrts PartetNn to ihe PropeAy. So ton9 a�there la no detauR,these amounta ehall 6e a�pplled to the pay�mt ol taxe�,
<br /> � �w,y i�exea o�r i�si�tho�S�•�My tunda aDAtte��may,ed�l endor's optEon�,be aPD�ted InQre�v n�e�otr�dar of ihe due daie�r�oof tha lunds Bo he1d ro
<br /> �,'-
<br /> �`� 1A.WSPECTION OF PRDPERT1t.BOOKS.BECORDB AND NEPORTS.Qrantot shall allow tander or its agants to exertino and tnspect the Propetry _.
<br /> �, srtd examtne.ina�and meNe eopiea oi(iranta'a booke end r000rds pertaintng to the Properry hom Utna to tlrre. QrarRa 6t�aU provlde erry essktance
<br /> r
<br /> � requ(rmd Lander tor thesc3 purposes. AV of tha ai�ffiures end intarmgtlot►oontained tn Grantofs boolc�snsl reoords shaii be genuine.true.axurate and `
<br /> �y s
<br /> oonpbte tn ali reapee�s.Gtrantor shaU note ths exfitence ot Lender'e baneftdai imerest in Ms bootm Q��s�nandsleao�rtahiotPi orothe Frop�eny The�.
<br /> � Grantor shall In a torm sa8stactory to Ur►der.cuoh Intomgttan es Lende� �`T---te8��8 s��ate. AB
<br /> ' . � IIIfOrtI1dUI0f1 fU�robr a�t�''���n���u`��,r�,�a�RpBCei"�aS�CGe.9IId S�I�Bd�fy Q�fltO�L@Rd9i�8¢t88t8.�y� _._
<br /> 'I' � 17.ESTOPPEL CEq'r��1�ATE8. Vi(dhin ten(10)�aya efter atry►s�uo�by Lcndsr.t3racitott�he��ou�t�n�baience ormttre Obqgdtlons an�d(b)w1►ether f
<br /> . , .. whh�espaet to the ObAgattorr�,a ci�ed end admawiedged statemem apedhlin9(� 9
<br /> Ge�ama posaessea any claims,detenses�setotts a oourterdairns with res�ed to the Q611gationa end.it so.tfie nature oi�h clahr�s.de�enses�set-0ffs a
<br /> the�evetn Utat tirantor tails to povl�d�at e��ted�staterr�tn 8 tE�metyan��dar may rtiake to the Irrtended Vansteree whh rosped to these matters h
<br />_.�'�''e�•Q.��.
<br /> 10. 6F_FAULT. Grorta shall 60[n defaidt undet thts Oesd o4 Trust and the Trustea a power c,hali beeome o}�erattve tn the�treat ti�a!Qrentor,Bartowera
<br /> °.'�1��,�� ... anYB�zy�ntarottheOdigatiaa:
<br /> �.i�: j (a)fails to paY any Obli9atlon to Lende�afien due: or���to Lender aontelned in this Oeed of Trust or eny other presern ar futme
<br /> . . (b) talla to perfqrm any Obiigetlon or hteaehoa enY wertan►Y
<br /> ' �°B�t' or w s the PropeAyr to selzure,oonflscatlon.or aortdortnation:
<br /> "": ..,.- o)�toys,tosas a dama�osthe PropeAy in any materiai respect b�ect _
<br /> •'f;:'•:•�;;,._ �� seeks to revoke,teminate a oth�w(se 8mit fts tiadiiry under arry g�aranry to 4.en�:
<br /> (e) des.beoornas Ie�sAy�noorrpeter►t,la dsaolvad or tertrin�ed.becomea insohreM.rtekas an aaaig���cY 6enefd of aeditas.taila to p�r
<br /> ' �i r,a;t�y mcon�a ei�e.fitaa a cedtlon wder the fKderal baniauptcy Iaws.has an trnoturtery p�Utlon 61ed in whtch Gramor.Borronrer
<br />-`•',W�.- or enY 9iarar�tar is namad,or has Pro��Y tef�n un�r anywrit ot Fraxss of ooun;
<br /> (fl elloM►s 800d�to b�used.transpated or stored on the Property.U�e posseaslon,VensporteUon.or use ot wtdoh.is iilegal:
<br /> " �.- ..':� (9) ���►Y P�Y otherthan Qreu�tor a Bortower fo essurt�at undertake any 0611gstfor►wittwut the wdtten consertt of I�ender;a
<br /> '_ .': .�. �h� ceusea Lender to deem ttaelf Inseoure due to a signiffcant decllne in the value ef tfie Property:or it tender.in goad tafth.tor enY reawn.believes
<br /> _'.;.,_...,•.�:.:
<br />-'�w:�,��;, thai the prospect ot payment or portartence ts ir�paired.
<br /> __ -'w�TT.r^ii
<br />��,.���F tg, 6t3GpRg OP t.ENDER CN OEFIUdLT. If tt�ere is a defauft under this Deed of Tn�at.Lender sha11 be Emlitled to exerdse one or npte of 1he(diowNg
<br />_:s,:.��;,.:, rert�leswtthout noitCe�dert�nd(exoept as raquited by IssW):
<br />:.�_,�,-.;= � (a�co dedare me Chusmtona tmmed�a�ety due ena R�yebte m tuir;
<br /> �'":'•'��' (b)ta aolleet ffie autstsndrtg 061ig�lons w(th or without resortEng to juddal p►oeess: —
<br />_ —.= - (o) to requtre Qrantor to dattver end make avaUab{e to lender any percaiat proPertY ot Ghattels con�ihe Pr�peny sa fl plaae reasonably
<br /> ��;�;'•- „ ec�veNert to Qraator and Lsrtder,
<br />::�.,,'':`'4�• Ldl to errte►upon and tdte possessien of 1ha Propert�r wflhout ApDN�nS�or obmining the eppoimrererrt of a reoeiver and.at Lrent�fs opUon.to
<br /> �����"�". appolnt a reo�iver withaut 6ad. witt►out flrat bringing suft on 1he QbHgationa and wlthout othanviso meeUng eny smQutoty oonddons roganrJnp
<br /> _ ,._.. r�odhrera.fl beYig Irrtended that Lendet shaW have this oo�ua�ri�t to eppolM a reo0ivar;
<br /> ----°- ----- (e���rt�OY e rrmregtnB agera of the Pmpe�ty and lat the sarr�a,either In Truste9s am r�ame�in the mm�e of Lend�r or tn the aame of Gramor, atd�
<br /> =--:-�,�-:� rsoelw the►ents.inoomes,issues end proftta of tha Properry ar�d aPWY the sarna.�ttec payit�errt ot ai rueaessa►Y d�arges end a�enses.on a000urn ot; .
<br />__ .__-� theQbliSationst
<br /> --m-_ (� �P�Y�Y�rro in amr tortn or manner daom�d ex�ee�ent by 4ander to protect the soau►'ty ot ttUa t))ead of Uuat a to wre arry default other tt�n
<br /> _�. pe,yrnaM of 4rterest a prk�dP�ai an ihe Obiige�tons:
<br />���-�.'-�� (9) ro foredose thW Deed oi Trust ju�etaUy or no�judk�slry ertd ta dlr�a tho sale of the property through exercfse ot the power of sela as retetenoedh
<br />",�-_:�_�� pere�aph20her�otina0000rdar�oewiihepptk:ab'�.aiaw;
<br /> lh)to sat�oH Cirentars OhUgatbna agatnst aR��e awed Cirar�tar tsy Lender indudng,but not Bmlted to.monies�insUUmeots.end depo�t ,
<br /> — ��:y;� a000unts rrek�tatnedwtth tar�rler or any arrc�exiedn9 afirture et�liete ot londer:and
<br /> �� � (f)to ezetdss aB oth�r�igtts avaEabis to tsndar unde►at�y other wrilten a�eement w eppiH�b�law.
<br />. � Laidera�b sre cumdaQlw and rtey 6a exerefsed togetRer.sePa►a�ehi.end in arry anier. irt the evant that l.ende�Ir�stfMes an acdon seeidng Cia:'.
<br /> _-_-�`�,�,� reoove�y o�arqr of the Property t�}r�ray,ct a pm�rp remadY in an nctlan egak�st tirantor.C�rantor w�ves the�osVng of amr bontl wldd�
<br /> -- _ .-:=;.�x othe�wise be te4ulred. tsn�or tsnaera�fesignee rtey�urcha�e the P�opetq m¢�ry sale. Prooeeds of arry Tnutea s Saala herevnder shall be ap�d
<br /> --= ;.:'�:1� firat.to tha oosts and e�enses of areadstng thepor,r�nr o}eate and of the sale,ine�dfng the pay�m of tt►9 Trustea's teoa adualry Inarted anJ recn lo
<br /> ••.T�'•+-��. 4�-3 @7IE69��9t1p11117 WQ1�C11 may be�ravided(or in this Oe�d of Trust.seoond.to payrrerA of the ObligaUorts seared here�,ahhd to tlie paymeritof juidor-
<br /> "-�',:ti••�
<br /> :•�;��{•5` trust dreds.mortg�as ar atl�lienhoGdera.end tha balonoe.ti any.to the percon or lege�y erttttlad Uisna�to.Theproperry ar enY pazt theraof�rey
<br />��^F_"=:»r'�, ba sodd In one per-sla .aiin su�h peroels.rt�nner or order�s Lender N fts sde dl�e a�may eleet,and anB a more exerclses et the power herein�a�qed
<br />^-;l.,� . , shall not exyngWsh or e�au�the powar untess Uw emire properly is Foid athe oblfgetions are paid tn futi.
<br /> . . . . . �.:t
<br /> � ,i:r•t . 2 Q 1 R U S T E E 9 E X E R C iSE OF POWEB OF 8ALE t�AI D�AULT:If I.ender eleets to seli t�ar►tofa tMer+est tn the Properiy bY exetcEse of the power d
<br /> aab t�ealn amtsMed.t endershall mttty Ttustee tn tha m�nnertl�en required bY Iaw.
<br /> . .�'
<br />_. n,.: : Upon reoeipt of such notloe of Lender and at ihe�recNon ot Lendet,Tnistea shalt eause W be reoorded�Published end c6Nrered sueh noUa:s ot detmlt =
<br /> a n d�o t i c s s o f c a l e a s m a y t l�e n b e r e q u t r e d b y t a w a n d b y t h l a O e e d of Tnut. Trustee shati.on ty m ihe�rectkr►of t.ender end without derrend an Granta.
<br />�• ,.. aftat such tlrr�es may then be nequired b1l iaw and atter recordatton ot such notioe ot detautt and afler rtmioe of ea{e having been gtv�en es requ t r e d by I m i,
<br />- yep the propeny at the tlme and plaoa o}sale flxed by h in sueh no2Eoe of eate.etthet as whote or tn separate iota or paroota or ttertc�as Ltx�r st�ell deem
<br />; .. _ _ �_,� e�ent,end tn such aAer ea it may detemine.at publia aualon to the hi�est htdder for cesh In�a�vtui moriey ot tl�e Unttad States e at theUma d _
<br /> sale,a as ott�e�wise rtey then be requlred by law. Trustee shall deliver to such Wrehaser or puahasers tAereot Rs good and s��f ent�deed a dsEds
<br /> -__j,�'�_. _ aonveyln8 the_pr�rty ao edd.but w[Uwut eny oovenart or wartamy.e�ress u trr�pUed. fie redtels in sueA deod ot ar�y mmters or facts s�aI�h� �-
<br /> - e......�.�,�. ,.�,e�n unit� �ca�T�steo�L�endar.rmy purchase et such saie.Tnutee may -
<br /> -_-- cot�cius;ro piw,v,v�e�.:�: ' onof the P =
<br /> • �.� in tAB rt�rtrl8r Provided bY�aw P�PortB se1B Ot' Is�o►enY P� �OPa�• . _
<br /> ° 27.RC-0tlEST FOR NOT[CEB: C�rentar requests that a copy ot srry nottcs ot defautt and e oepy ot arry mtioe oi sale hereimcler be mailed to eadi pena� �
<br /> who is a psrty hereto at 11�eddress of su�person set forth heretn at ihe sa►re time and tn the sar�rmnrter requfired as tt�a��a separate reqwstthereof p
<br /> . � had t�en filad by eadt such person•
<br /> _ .-. __Y,� �
<br /> _--=- - v,�saas
<br /> NEDOTC Rav.?J97
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