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, � >_ <br /> ��, <br /> ,, . .. `;�;.�r�,':=�.: <br /> ;,.y�.... . • tµy�.a�Maw .!i.^�._±uJ•^!_".<.d.r _"—.— .-_'"""___._. _.._'. <br /> '. '- . -. . .�_ . <br /> • ..... . . . . .. . . . .. ., ...l,._. <br /> ,fi, .. <br /> ' ,' 'g� , __ <br />., rM� . :•�: � <br /> �2. SECUHITY IN'fEREBT UNDER 1HE UNIFORIN COIMIMEHCIAL CODE. Thle Deed of Trust ahaN ba con�ldere�and be eBective ae a IlnencJnp <br /> ��.ti� staurt�ent'and a fixlun fiNnp purwant to tt»proNNan of th�Unitortn Cormwrclal Cods(aa adoptad In the atate where iho rsal proporty la locat�d) �= <br /> covering fix►urea,chattel�,end aniGa�ofpercortel property now owned or hereafter atteched to or to be used In connection wllh tho Propeny togolher with <br /> • ahy and all rep�acetnentqlhereof and edditione thorato(iha'Chatlels'),and Qrantor hereby rante Lender n aecurlty Int6reat In euch Chnitels. Tha debtor la(Q �`' <br /> �''' 1he Oranta d�u�lbed above. This De�d oi Trust wlll b�stt�c1N�as a flnendnp statsmmt�il�d as a fixturo tlYng with rospec1 to all(Ixturoi Included within y . <br /> eeldpremlass and Is to b�flled for record In the reol eite►�record�of aach eounty whsre eny pert o1 aald premleea(Includng aeld(ixturee Is situatod. Thla 1 <br /> . . � Deed ot Trust shall also be eHectiva a�a IlnanGnq etat�m�nt coverinp any oth�r preml�s and n�ay be tiled In any otlwr approprlate�iling or rec�rding , � <br /> � omce. A carhon,photogrephlc a other roproductlon of thl�D�ed of Trust or ot any financlnp�tatsment rNatinp to this Deed of Trust ahall be nufllGsm es a � .{? <br /> Iinandng stetement for eny of ihs purposws rofart�d to In thb Perey�aph. Ths awnd perty It ths Land�r detcrlbad ebovs. Upon demand,drantor shall r1 <br /> ; N mek�, �x.cute ar�d dNive auch seaultsr apr�ntf(es such t�rtn I�ddln�d In eald Unllorm Carmerdal Cods)a�Lender at any tlme rrwy deem� = <br /> nacessery a prop�r a req�drsd to prnnt io Und�r n pert�et�d Ncuriry irrt�n�t!n th�ChottNi,and�Pon ar�niors ra�lure to do ao,L�ndx Is autharized to <br /> �+ sipn eny such aprsement ai the egsnl of Oranta. C3rantor h�roby authodu�Under to flls flnenGng atotemems(as such term Is defined In seld Unllorm� �-,- <br /> _�,��� Cortrrrrci�i CaN)with mpact to ihe Chatt�lt,at any tims,without iM slpnatur�ot Orentar. Orantor wlll,howaver,at eny tlme upon requ�si oi Lender, � <br /> '��fl of L�r��ts�na�C wll�y��I fillny fM�ta th�flNnp of wch financlny�tet�rtMntk and ta ths reflilrp thersof at ths tlme�requlred,in (� <br />:�� Cadr. If Ih�N�r►of thif DNd ol Truat b�wbJ�ct to any vecudty agraement covednp ihe Chatlelt.then _ <br /> In the evenl of any defaull under thls D�sd of Trust,all the ripht,tltk and Int�re�t of firurta In and to any end eil of the Chattela Ia hereby asslpned to <br /> LarKkr,top�Iher wfth lhe bsnsfll ot any d�poslU or peym�MS now a h�raft�r med�th�rwf by Oraniw or the prsdeosawre or sucaetsors In tltle ot <br /> si - �` Cirenta In Ihs Property. <br /> �� 29. REIMBURSEMEN7 OF AMOLlNTS EXPENDED BY LENOER. L.�nd�r,at Und�rs plon,rrey expsnd tunds(IndudinQ anomeys'fees and lagal <br /> expensea)to parform eny act requlred to be teken by�rantor or to exerdae any rlght or romody of Lender under thta Deed of Trust. Upon demand.Cirnntor <br /> shall irm»detaly relmburw Lender for all such ema�nt�expend�d by UtxMr top�thsr wflh Interest tharson at the lower o(the higheat rata dsscribed In any <br /> ' Oblipstion a the hlgheat rate allowedby law frotn ihe dats of paymsm umtl the dets of rolmlwraement. These sum�ahdl bs Induded In tNs deilnition of <br /> •.�J.���'r:� � Odipations hereki end ahaN be�curadby ths bmsfldal Int�nttprant�d herNn. It th�Obllpetbns erepaId efl�r ths�spInninp o!pu611catlon of notia ot <br /> sals,as hsreln provided,a In tho sver�Lsnder ahall,at fle sole optkx6 pemit Oramor to pay any pen of the Obllpationt a6er ihe bepinninp of publkation of <br />' .�'� notke of sale,as heroin proWd�d,thsn,Orentor�hall pay on demend all sxp�nte�Inaxrsd by ih�TrusUs and Lender in oonnactbn with eak!publlcatlon, <br /> . '!'.2.::c <br /> �, ,�;�_f_.: indudfnp reawnaWe attameya'faes to ihs ananey�fa ihe Trustes end fa ihs tendsr,end a reaaonaMe fee to the Truttee,and this Deed of Trust ahall be <br /> - SlGJflty}018116Ud1 BIIEfBtINS 8tld 19Ab. <br /> ���::.ti:. <br /> - ��,.aac:.. 2/.APPLICATiON OF PAYMENT9.fie Truatee shell�pq y 1Mp►oos�d�of tM truatos's sele flnt,to the costt end axpens�s of exerd�ing th�pow�r of <br />=��'r��' sal�and of the eals,Indudng_lhs peyrnent otths 7ruetea'a tees actually Inarrsd not to�xwed t�s armunt which may bs providsd(or in the D�sd ol Tru�t, ° <br /> s�axid,to paynrnt of tta obliyatfon wcured by tfw Deed of Truct,th(rd,to!he paymem of junlor deeds of tNSt,mertgegos or other Ifanholden,and the <br />,.;��*5�►'�� belano�.If any.to ths penan or psrsons NpeNy emAlsd thareto. <br /> „.. <br /> ��'-�==� ' 26. PO'WEH OF AITOflNEY. C3ranta her�y�mn Lender as ite attomeydn•fact to endorse�rentor's neme on ell Instrumems and other documente <br /> _��=�;'"'�' pertain4y to tM Oblipatbns a Ds�d of Tru�i. Iri addfllon,l.ender�hail be smftled,bul not r�quked,to perform any action a ezecute any documsm <br /> requIred to be takan or ezscuted by Oranta under thls Dend of Trua. Lendere oerfomience ot:uch ectlon or exeaAiun of wd�dxurtwnts ehaN not <br /> `��%����" rNieve Orentor Irom eny Obilgetlon a are any default under this Deed of Truat. AI(powere of ettomey described in this Deed of Trust are eoupted with an <br /> -a;;r,;,�+`„" Irnerest and ere krevocal�le. <br /> _.:`_J.le• <br /> ^Y?�� 26. SUBROOATION OF LENDER. Lend�r :hall bs wbrogeted to the rtgme of ihe twidar ot any prevlous Ilsn,eewrNy Interest or encumbrenee <br /> �'.:_�� ' dsd�arged wflh lunds advanoed by Lender regerdeas of whether lhese Ilens,security Interesta or other encumbrancea have been releaeed of reoord. <br /> -•- �..�.� <br /> 27. COLI.EC710N C08T8. To ths extent pertdned bf�Iaw,Qranta epross to y L�ndsrs reasonahls fees and eost�,Indudinp,but not Ilmited to,fses <br /> -..=� end oostt ot attomsys and othsr epmtr (fndu�9np wfthoul Ilmitatton peuale�i,Hdedn and oor►wRant�),whether a not iuch ettomey or egsnt It en <br /> - of Lender,whkh ere incu►red by Lander ln odbctirp eny emoum dus ar enfordnp any�IaM or rernsdy under this Deed of Trust,whethar w not <br /> .,;.:°_-_- <br /> ._._��� <br /> .� zu i;��.►y7hi,ir�.'csdrs$��ti rsci ltts:t�!Sa.a:t�:arx3 cx2s l:xurrsd on s��l.In�snl�plt;.end fnr g^K-j!�r!snt y±!!oetlen eNkm.!► <br />__=yil�an�•-l.� <br />--=�-{;fr 2b. PARTIAL RELEASE. Lender rr�ay relaase fts Int�rest In a aortion of ihs Propsrty by exewting and raeordinp one or more Panlal Deeds of <br /> �-:=7,i a�;� Rsoornsyanoa vrithout attwting its trnersst In ihe rert�elnlnp portion of the Propsrty. IWminB hereln ahall ba deerried to oblioate Lender to release any ot fts <br /> --=-= kneroat In ths Pr�psrty(exospt as roquirod under Paropr�ph 38 a as rrey bs oth�rwis�r�quked�y law),nor shall Lsnd�rbe oblipeted to rekas�any pert <br /> ot the Prop�rty It Ciraritu I�in defauh under mfs Dead of 7rus1. The Ilen end secu�i�y Int�re:t cnaf�d by lha Deed of Tnnt remein in e(lect with respact to <br /> °°--� that ponlon of the properry,as dsflned h the Dsed of Trust,thst le not the subJect of thla a eny PaAial Dead of Reoorrveyer�ce <br /> — - ?D. MODIFICA710N AND WAlVER. The modikation or welwr of any ot�remor'�Obllyatfom a Lender'�ri�hts under this Daad of Trust mu�t ba <br /> cantdrnd In a wdtinp slyrNd by L�nder. L+r�dsr may p�rtam eny of Borrawsrs a Girantor's Obligetiona delayyy a�all to exerd�s anY of 8�rights or <br /> ---= payrnsnts trom(�raMa a enyais oth�r than Gremor M1lhout caudnp e waNer of thosa Oblipatlona or�wahrer on one ooca��hall not oonstit e <br /> .._���� a waiwr on any other ocasion. Orontor's 0611aetions und�r thl�OMd of Ttust thall mt b�aNecl�d if arnsr�d�,�omlas.ext �,(aNs to <br /> �x�nda,irtpakt w rNNas any ot 1M Ot�llpntfon�b�lonpinp to my�ranta,Bortuwx a tt�IMp�ty a eny of Its rl�hts st any Giren or ow�r a <br /> °� -�^¢� tt�rd porty or any of ths Propsrty. Lender's falluro to(ndst upon strlet pe►fomr�nee of eny of tM Obllpatlone chall notbe deemed a welver and Lend�r ehall <br /> _- _ nav�s tne ript»at eny tkne ui.nener to Insist upon strict Psrramence. <br /> �0. $UBSTITUTE TRUSTEE;TRUBTEE LlABILJTY;COYPENSA110N. In caze of the death,inability,reluael to aet a eb�snca of the Trust�e from tM <br /> datt wl�n ths nal proaKtf�is bcated or fn eaaa the hdd�r of ihs Obliaatlons�hall deilre for any nason to rertave ths Trurtss or arry wbstkuts tru�tes a� <br /> trusUe hsnur�r and ta�polnt a new trustee In hia piaoe and sleaa ths hdder of the Odigationa la hersby granted full powet to appolnt In writ a <br /> substRut�huste�fa aald Trustes�end ths wbstNute W ctee shaN,when nted�bacane�uoastor to all ri�ts of Truqes FNrounder and ths tama <br /> b�oorn vatted in him faths purpossi and objscts of tMs Ds�d of Trutt�aN ths pows►,dutks and ohli8ntions hersin ooni�rred on ths Trut1M. TNttM <br /> - - etaN not bs Ilads for eny errar of pid�wnt or act daie by Tru�tas.or be Whetwise responsibk a eocoume6le under any dreumstanoes whatsoever. <br /> - Truat�s ehaM not b perwnaNy Ilebb caa ot�niry by ft or anyor�actkp by vlrtw of th�pow�r4 Mrein�sd It upon the Oeed ot Tn�st for d�bts <br /> ��„�� contraq�d or N�bility u��s incurred In th� a op�ratlon ot seid pnmis�s. Trusiw atiaA have the riy1�t to rol on eny In�trurr�rrt, <br /> _---= docummt or sip�atun amhorizing a wppatinp an�y�telun a wd to bs taksn by N hsr�xKNr or bsli�wd bylt In�oo�(aith to b�g�nuirN. <br /> -- -- — TattN ah9N bY Mlltl�d 10 fAlrtbuf�6N11Mt}Ot•x�n..:ina,rr.d�y n�n°�,�e pertom,��ot n�du�s ne��under and to rea�mebie Mrtpen�atfon for weh <br /> -"�.v _ o�aw en��s�aartri�ivafrom�and a�pefrs�y ar�id�all bswailooaaliabll�iryto t�Paeid x�pense lw�F�ats�°oevTerr in�a�ir ed�byr�t��perfo�m�a�r ce of k6�du�tNs� <br /> '�� AA moneya r�oehrsd by TruKe�shall,urrtll ussd a eppllad ae hereinprovlded,be held In huat for thepurpoau for whlcl►they wsre received,but rwad no! <br />.=��r��-�� be segepeted in eny menner hom any ather rtqneys(excepl to the exlent requ(red by law)and Ttustee ehall be under no Ilabiltty for Irdere:t on any <br /> _--�=---- money�reoelved by ft herounder. <br /> P�---�__s;"�� 31. SUCCESSORS AND ASSiONS. ThIs ased ot Truat ahall be binding upon end inuro to the beneflt of Grentu end Lender end tireir roepectlw <br /> ��_.,�...t euoeessors,asilgns.tru�leea.rooelven.adminipratan,pareonal reprosentathrei.legat�es and devisea�. <br /> ..:d,,:_,.t.�� <br /> ="!T h". y�' . <br /> -__�_" :�'r. � 3Z NOTICE8.�xoepR a�oth�rwtw roquired by law,anY notioa or otiier eot►munkstlon to bo provlded under thia Deed of Truat shall 6e In wrlting and sent <br /> to the pertNs at ttw eddnasa�desalbed In thla Deed oT TN61 0�SUCI1 01hEf Bflf�'85S fl6 lIM p8AI8S fT� desigiate in wrtting hom time to time. My sueh <br /> ���,;� `.:;. ; notioa eo given and eemby flrct daea mail,postepe prepeid,shell be deerrbd gNen�he earllor of three�3)days after auch notloe Ia aent or when received <br /> by the peraan to whom such notke la being plvon. <br /> - •� S3. SEVERABIUIY. WI10I16Vit pOitlblB B8C11 Pf0VId011 O}thl6 DB9d OI TN61 Sh811 b9 II110I{XAt6d SO flS 10 b9 61f8CtN6�Ild Valld Ulld@r A�IIC8b1@ 6t019 <br /> . ' _ law. If eny ptovision oi tNa Deed of Trust v�olate�the law w�s unenforceable,the rest ot the Deed of Trust shall oontinue to be vaild and enforoeabte. <br /> . .. ��„ S/. APPLICABLE LAW.Thla Deod of Trust aheli bs govemed by the Iawa ot the state where the real property fa located. Unteaa epplicada Iaw provide� <br /> otherwise,Gramor consents to the judsdictlon and venue of any coun selecled by Lender,in Its sole disaetion,loeated In that state. <br />: . ���''� 36. tI�NSCELLANE0U3.Grantor end Lender epree that time Is of the essence. Orantor waNes presentrtient,derriand tor paymeM,notice of dlahonor end !� <br /> ;.: r�oteat ex as rec�uired by Iaw. AII referencea to arentor In thia Deed of Trust ahall InGude all�en:ons signing below. If there Is more then one Cirantor, - <br /> - � a..w......,�......e� TI.I.11.e.1 wf Tw wf . �....f.,ti..�e�.im.,oe� ��r,.�..��er�.c�n.t,��ver�r_.em.,.e.,.��e.,.�....e.rdd....e� <br /> :� - thetemu�er�dconditiona�reof.��.�_. ..___�__. .._� _�_�...__._�..r.___._P ___.�._�. o--...__.._._.._._._�.. .�._._.e_ � <br /> � 36. N01}IIRD PARTY RIGHTS. No parson i�or shall be a lhird perty bonafldary of any provision of ihls beed of Tmst. All provislons of thia Dead of � <br /> � Trust In favor of Lender ere Irnanded aotely for the benoFlt of Lender,and no lhird Rarty shal bo e�ititied to assume or oxpect that Lender will not waive a =_ <br /> oonsent to ihe modiflcatbn ot any proNsian of this Deed ot Trust,In Lender's sole dfsaetion. <br /> � <br /> 37. PRESERVAl10N OF UABIUTY AND PiitORiTY. Without affecting the Ilahilky of Bonower,(iranta,w any guarantor of tne Obligatlons,or any other <br /> person(0xcept a person expreasty rebaced In writing)fa the payment end performe�roe of the Obligations,and wNhoul aNating the rights of Lsnder with ' <br /> , • respect to any Property not expressi released In wrNfnp and with 9 irtpalrfng In eny way the p�iat y of thls Deod of Trust over the Inry rest ot any��iroon <br /> aequIred or tirst evideriad by�np subsaqwnt to the recoMin of thla Dwd oi Tru:t.Lendar ma ,eHher 6etore or after tho rreturl of tho pbli <br />- " and wBhout notice or conaent:releaae any pereon Ilable torpayment or per(omrnoe of all or eny parl of tha Obligatlone:rreke any a�roemem altering the <br /> tarrtn of payment or perfonnence of aN or any pert of the Obiigatlona;exerd�or rafraki irom exerdsing or walve sny riaht or remedy tiiat Lender may have = <br /> undar the Doed of Trust;axopt addibnai aewrity ot any kind for any of the 061igations;or release or othenvise deal with eny raal or personal properry <br /> . • securing the Obligations. Any peraon noailrinp or rocordng evidence of any Intereet of any nalure In the Proporty ahall be deemed,by acqulring such <br /> Interoat or reeording any evidence theroof,io have comented to all a eny such ectiona by Lender. <br /> p NEDOTD Rsv.2187 Paqe�d8 <br /> I _ <br />