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<br /> �2. SECbRITY INTEREBT UMDER THE UNIFORI�CO�AERCUL CODE. Thls D�sd of Truet shall be consicNred and bu eftact�ve as asli�dnp °__
<br /> ed)
<br /> etaum�nt dnd a tix�un Blirp punuant to tha proviNons of tha Unitam CamwrGal Code(es gd°ptad In the 41ate where the real propaAy �,:�,;,
<br /> - cov�rinfl Iixtun�,qiattela,end anld��of p►r�onal proponY�aw own�d°���anN arech°d to a to be u�ed in wnnxtion with the Property topolher with �,�._
<br /> ' " enyand dl rrplacem�nt�th�rsol and additlon>>her�to(the Chariela"�,end Oranta herebypranta Landor a eecutliy Intereat In such Chattsls. The debta I�� ��:-
<br /> „ th�Qrentor do�uibad ebovo• Thls Daed of Tnisi will bo ettectivo aa a finandng etatement flled as a fixture tiling with roapect to all fixtures Induded wllhln „
<br /> tnldpremi�ss and I�to be ftl�d tflr ncord In ih�rsai�staU ncords�t�ach oounlY wher°enY Pa„of aald premiaea(Includlnp sald fixturosl Is eitualed. Thls'� y
<br /> Osad ot Trunt�hali a�w b��o�Q���e fl�d�of8hl Oeed ot Tn et a of eny flnanclnp stetemeni r�elating o his Dts�ed ot Trust shall ilbe a Hiclantra a ' ;'.;.
<br /> oHica. A catbon.phutopraph � 1ho ucurad perty Is the Lender dosalbed ebove. Upon der►�end,Qrantor ehalL .
<br /> finaneing�letxnent(or enY of ihs purpos�s rsl�rt�d to In thls Parapraph. � "�="
<br /> rrela,�x�cute and r'allvar wch wcurity epreerrenta (a�wch term In dtflnod In eald Unlfartn Corrrnerelal Code�a8 L°nder at any time rreY d�erti� -
<br /> n�as�y or pro�r or nqulrsd to praM to Lsnder a p�rfwled aaidlY�niernst In the ChatiNe,end upon Cira�tor'a fad�re�to do ao,Lender Is authodzed toC,`� —_
<br /> elgn eny woh apreement ee the epenl ol Orentar. C3ramor herobp+unhodzes lendsr to flk Hnencing stetemeras(as�uch txm la deflned in sald UNfom� `���
<br /> Corryn�•ci�l Codo)with raspoct to tho ChnitNe,at eny tlme,without ths slgnature of(irentor. Orantor will,however,et en time upon requeat of Le�der . �,��-,
<br /> „�a�'� ilpn wch flnandng tleUmmts. Orenta wlll pny all flliny faes(a th�1111np ot such financinp staterrwNa and Tor Iho rofilin�ntcwvsdn�the Chae Isethsr � �r,+
<br /> :. th�opinlon ot Lsnd�r,by�ald IJNform Cortm�►clal Cod�• ��lh°�Mn of thl�Dsed of Trust bo subj�ct to enY sea�l[Y e� R �yy eeelgned�r _
<br /> In th�w�nt of eny d�inult undsr thia Desd of Truq,all ihe riphL t8k and krt�tKt of drtuda in and to any end all d the Chattsis t� sr
<br /> �snder,top�ther wlth the bsnefll of eny deposlte or paymenls now o►hxeafter med�thersof by f3rentor or tha pedecessors or successors In titb o �
<br /> .; - � aranta In th�Prop�nY. --
<br />. �;' 29. REIAIBURBEMENT OF AMOUNTB EXPENDED BY 6ENDER. Lender,at 11.ender'sopt��n�runde�ihi Oeed of Tn9s8tUpcn demend.C3ren ai =
<br /> oxpen�es�to pertortn eny ea requirsd to be teken by Cirenta or to exerdae any rlph medy
<br /> thaN IrtrndatNy rolmbuns Lende►for ell wch ertaunte exponded byni�umilrtho�dat of�relmbu �ro�ment�fie aurro sh be IlnGeuded1ln�the de�nfUon of � -
<br /> . Oblipetlon or th�hiph�st rets ellownd Fr law hom ih�dau of pnyme p�Id be��
<br /> ObHgotlom h�roln end shell ba cacur�by the benefldal Interestgranted her�to���t�s of the ObYOat aia aflet t�he beginn�ln9 ot publi atio of
<br /> sala,as herein provided,a In the event Lender ahall,at Re sde option,pemi Pa� Y Pe►'�
<br /> ` notice ot aale.as hereln providad�ihen.drentor shell yon dert�e►xl a11 erpensea Incun by the Trustee and Lender in cannection with sald puWlcatlon.
<br />-�,,. , s�eqi�fa ell such egicpenses and feaslhe aflomeya fo�the Truatee ar�d tathe Lender,and a reasone6le fee totha TNStee,and this Deed of Trust shall be
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<br />- 24,AppUCAT10N OF PAYMENTS. The Trustee ahall�y the proceeds of the truatea's sale flrct,to ihs eosts and expenaes�off���d�n���TNSt,
<br />- . .• ���O}�Q�@.��!l�f1�ifypa�tfTIM10f ihB TNE1!!�6 08S actual�hwuned not to excead t�e amoum whkh�Y be a `
<br /> „ ,, � �e�nd,�0 payrtant 0}the O��Iipat(on s�c�ted by�����e�a�dfBtoTrust,thfrd,to the payrnent of Junior deeds of imst, martgages o►ather Iienhdders.and the
<br /> ,�:_ : .r bdenoa.it en ,to the psnon or PB►son I�gallY
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<br /> _ ,.. 4 � p��rtein�Eo t�heF OdigaRtla�s�or De�etd of T�uat. In e diflo�n,�Lenr g�ish�be yerrtl led,tbut no�ree q�uIred�to��rt eny ae�lon�ortexe�wte�eny docur�nent
<br /> '"%:� r ksd to b�takan or exsculad by C�rentor under this Oeed of Trust. Lenders perfom�en�e°f such actlo�or ezecutbn of such dxuments shall not
<br /> ���,` irel��ram�from eY n��igation or wre any default under this Deed dTrust. All pwere of attomey desc�6ed inihla Oeed of Truct are couPbd wi►h an
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<br /> '-'"' °'°i 20. SUBRO�ATWN OF LENDER. Lender chel� ba subropated to�e rigMs of the holder of any preNous 6e�. secu�tY interect or encumbraece
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<br />- d{sdiarged wHh(unds adrenoed bY Lender raperdess of whether these Ibns.security IrRerests or other encurttranaes have been releaced of reco .
<br />'-:r:�,:..� 27.COLLEC710N C09T8. To ths�xtent�fq ed�y law,C3rama a�es to paa.Y�der'an8d%a��wN*b�f j�whet�or�not��att�orney a�apent�li an
<br />-;;. � and ooat�of attortisys and other agents(fndudinp whhout Ifmitatlon peralepef
<br />`;.�;;;�N� , yee of�Lsnder,whkh aro tnwnsd by Lender Tn cdk+ctinp eny emax�t due or x►fordnp eny�a rornty uder d�is Desd of Tru:t,whether or not
<br /> - _ :•r_�_ is 6�ougtrt,InducYng,but nat Nrtited to,ali fees and coste Ineurred ai eppeal�In bentuuptcy
<br /> and or pott-ludOrn�nt oollection actiona.
<br /> »°'j�,�`,'� � p�ty gon�a mon Pertiai G�ofi
<br /> 2il. PARTAI, R�l.EABE Un�kr may r�as� Hs intersst �bn o tt tN P►�operty. Nn h!r�p he�rsin��b�s d�i�irwd�ob�p�t�I.�id�r to rakae�any of ks
<br /> _�-_..,.'�:,�� Rscornroyar�ce without eff�ctinp fta Int�rest in the nr�InlnO Po►�
<br /> Y:i�� Im�nst in th�Prop�rty(�xoept as nqulrnd und�r Par�ph 38 a as mey bs oth�rwls�rsqulndby Isw),nar�haN Und�r w obllp�t�d to rN�aa any Psrl
<br /> -- ot tl»Prop�rty If�ritor Is In d�fautt undu 1hi�DMd o-f 7rust.Th�N�n°nd�u�ls a�sy Pertid DNd ai R�scanv��y������w8h nsp�ct to
<br /> .s�:� tMs p o n l o n of th�prop�rtY�as d�fir�d M iM DNd ot Trust.that Is not tM wbj�ct
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<br /> _ ,,.5.ry 2i. MODIFICATION ANQ WAIVER. Th�modlflcalbn a Walwt of �ny ot Oramo►'t Oblfp�lbm a LK�s �►s urKM►tt�s DNd of T N q m u n
<br /> '==_� c o n u k w d I n�w r h l n 0 s l Q�d b Y��►d�r. L«►d�r m a y p�r l o r m n y o l B a r o w�f s a C#rarna's O b l f p stbm�d�l� o► io�xKdw�n ot It�rlphte or
<br /> p�yrtwrds hom CinMa a�n . Ciramor'i�p��I�1{ont w�d�r 1Ms�W�d d�T 1tsh�M no�biifl�d�d I l l.�r�d�r��.�������K to
<br /> ���� a waiwr on my othw �1
<br /> _=:a��,�,,� �xKdw,knpdr�a nN�a��nY ot th�Obllp�tfons bda�pMW to�nY Cimtar.Borrow�r a tt�kdp�ty a�y d it� � �t�ny a a
<br /> �.,.-��"� h w 1PM r{�t�Y tkrrPiMrNfl�r t�o M�it�upon st�iclNP�rlor►iw�a• ���of wny of tM obMpe�bns�tw10 ndb�dwrtrd�walwr�Undw rh�N
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<br /> --`=� 3p, sUOSl1T1lTE TRUSTEE;TRUSTEE UABIUTY;COMPEN�A110N. �n eas�e�th�dM1h,M�b�tY�nNw�oaei a�ENna of th�Tru�1w from tM
<br /> ------- slale wl�n th�ndp�p�ty I�bcat�d a In cw iht ta1dK of tM Obiip�iont rhaM desln for any n�toi to nrnowl�T hiY p wK to a�ppokd k►��vr�Ik�a�
<br /> ----- tnutM Mr�x�d�►and� io�ppokR a n�w tn�s1M In Ms pl�o��nd tt�an tha hold�r ot�hs ObNp�tb^ hK�b'Y?�
<br /> Wb�tMUM iN�1N 10►f�ld TNf1N.Yld 11N Wb�11fU1�VUi1N ihsll,WhMI�1�d�bsOD1IM WCC�ftOf 10 all 11�1�!hltOki ODflIM��d thRW1 �NiUe�T�I tOf -
<br /> broortr vs�t�d In hlm tor ths purposss end ob}wts ot thls O�sd ot 7n�d all th�paw�r.dulks and obMplbn
<br /> ---�� shaM mt be Ilabl�ta any srtor of n us�of e�nt�I�or anyo~rie icHnp by NA�ue ofn th�s paty�rs hs�r�in�aN�d upon th�D�d o�run f d�bls
<br /> Trust�e sheN rat b�p�rwndly tion of uJd prsrtiWS. Tru�ue � Iwra tia t to ra� on any inctnxrtie+�t,
<br /> -- ooM►ad�d or Ilabfltty ar�s Incum d:ln ths rreneOM�t a opra In fahh to b� —
<br /> _..ry.�� dxument or sipneturo aulhori7Jnp°r WipportMO a�Y aetfon tek�n or��to b•��►+�r n r,.fa,�,a.r a a��a by`�' ..n��
<br /> TNStN�hall b�snlitNd to nimb�xssrtrm tor e�•psnws Inwrt�d by R t perfomience ot iatb�nNd�i�T�rv��r�hKe�u�and nir�u�rW TrusiN for and
<br /> - - -- ol Ila�arvkes hanund�r as ahell be nrWsred. Graita wiA.hom time to tlm�.PaY�e�whatsoovar incutr�d by h in!he pe►tortrorwy of 8s dutl�s.
<br /> _�,>;;`.�9 �ew and hold N hetrtlofs hom and epeinat any end eA bss.con,IIa6lliry,deme9s
<br /> W�� AA moneyn noelved bY Trustes shall,umil used or apQliad as hsrNn be hold in trust for thspxpo se�forwhieh thsy wKe no�iv�d.bul naad not
<br /> -.,�,_..��a be seprepated Inatry mennar hom eny other moneys(exa�pt to t extent requlred by law)end Trustee ahal be uidK rw IIablNty for Imorest on eny
<br /> °'—`.,,w_�._,:;,�� rtnneye rooeived by It Mreunder.
<br /> �•�� npu
<br /> '"'"'�!'. . 91. SUCCESSORB AND ASSIGNS. fila Deed ot Truat sh��ba sentathros�bga�ees anred t�Is�e�bi t�eW of Orartta end Lendor end tMk�eip�ethn
<br /> ;�s'?s".�.t f7��,. wcoeasora.etsipns,trutt�es.reoeivers.edrninistrators.parson ePre
<br /> +~'� ��:�r 32. N0710ES. Exeept as otherwise roqulred by law.eny notice u other eortrnun�ation to be provld0d undx this De�ed of Trust shall be in wrhing and sent
<br /> ' ' ; to the periNs at ths eddre�ayssa desaibed in thl�Deed oT Td shall be�deemed 9iven 1he e�e�ofbhree(3j�day�ir weh no11ce Is�seni or w�hen r�ad
<br />•'',',"•: `;'.•' � b�jr tt e P��ta whommsudi nolico Is Iba�np�,g�iv��PreP� �
<br /> ' � laxr-g anY proBv�IsulorTMi ot thi�a De�aed of Tniibt v�oelae es t�he law o/stun$en�foroe�a6b,th 6roa�of he D�eedo Trus sahal�wnti�to be vaid er��t�ab�le. ��e
<br /> - r 94. ApPIJCABI.E U1W. This Deed of Trust shail be povemed by the laws of the state where the real property b�ocated. Unless applicable law providea
<br /> �' otherwlae,Grema consanis to the wrlsciletlon end venue of eny court selected bY Lender�In Na sob diacretbn,taated In that state.
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<br /> .��,,:•' � 96. NNSCEILANEOUS. Orantor end Lender egroe that time ia of tM essence. Orentot walvss pre:er►tment.dKnand for payment.notico of dshaar end
<br /> � protest exoept a� Ired by law• NI referenoea to Cirentw In this Qeed ot Trusl shall Indud�allpersons slpnfnp below• If there Is more t��an one Orenla,
<br /> " _ _ _ _ � _ _ thefr Obllpatlona sh�be!o►nt Rnd sevaral. This Oeed of Trust ropressnts the compiete Ir�teprated understending between Grenlor and Lsnder pertalNng to
<br /> .__------_••_-_.'._�.� 1�1@ ilrtiTS an0 wflaua�a�w�ev�.
<br /> . I 36. NO THIRO PARTY RiGHT3. No person is or shall be a thlyd pe�ty benefidery of any ovlsion of thls Oeed of Trust. All provislons of this Deed of -
<br /> ' oTonr�,elnt to the modlflratloen of eny provisbn of h e�Daed of Truse,Inelendera cote disa tlon���emitlod to assuna a expect that Lendor will not waive or
<br /> I37, pREBERVAiION OF UABIUTY AND PR�ORITY. Without affec�ng the Ifadliry of Borrower,Grantor,or an guarentor of the Obllgations,or eny other _
<br /> pereon(exoept e person expressiy released In writingllor the paymen�t and�performanee of iho Obii� of mis�DeedwnotT�rust over9heen�o�est of aenyperson
<br /> respect to any Proper�y not expressly releasad tn wrft(ng,and withou�kripa�nng h an�yway iho pdairy
<br /> ac�r ed or flret evidenood by recordfng subsequent to the recordng of thfs Deed ot Trust,Lender may,ellher beloro a after ihe maturity ot the Obllgations,
<br /> and without notke or conseM:release eny pereon Ilabie forpayrr�nt a peAorrrence of all or any pert of Iho Obigatlons;make any ag�enment aitoring the
<br /> temis ot pa�yment orpeAortnanoe ot ail or any part of tho 0611gatlono;exerdae or refraln from exerciaing a waive any r�M or remedy ihat Lender may F�avo
<br /> under the Deed ot Trust:aocept addhlonal security of any kind for eny of th0 Obllgations;or release or othervdse deai wBh any re�r b g��a�O�ch
<br /> ..._._ _ � ;ni�-��rn;t ar��I�t��y evldeno�e hereof,�lo�ha e oon�rned to�al�i or nY such aetlonetby LenYdeature In ihe Praperly shall be doe
<br /> Pap��d 6
<br /> � NEDOTD R�v.?�97
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