.+.�1 . .. - ., .. f
<br /> � .
<br /> � ..
<br /> �«�y�� .. - . ..;�y��-- - .
<br /> . � .. .1� � •' - ♦h�1
<br /> . -� ..........._.._�_.���� �.....�.��YI '�r-�.�__.... _-•_f� ..��.�. . . ____-_
<br /> � _� _ �e�T� _
<br /> _�.._. . .-w��r...��.�--- T•.�:t . -_' . -.- - `__ '" ..�..__.__ .__ �'l. . - �_.
<br /> R.)..:.��.."'c-"
<br /> DEED OF TRUST .C��r �1.��`a~, psq�4 [F=.,-._
<br />. 1�-01-1997 CoMUued) �'���--V-
<br /> Lom No 603416 ` `_::"
<br /> �sz_, .�.
<br /> .M._
<br /> d�yrrNn�s on Ihe Indebte�ness securec!by thls typ�of DNd ol Trinl; (o)�huc On Ihlb typ�of Of TfUit ChQQMbN aQ�111i11h�UIidK 0� ' I�-=Yr
<br /> th�hdder ol Ihe Note;end (d)a epecifa 1ex on ail or sny patlon of ths Indsbt�dnsss a on ymenb of princlptl�nd InNrYtt maA�bY
<br /> Trusta. ' ''�'
<br /> Subwquant T�xe�. If sny lax fo wNch thls wallon�ppNa Is�r►�o1�d wb�Qu�nt to tFN d�i�of Ihb 17Md of Trutt,thls�v�nl th�N haw itN .
<br /> ame eftecl ae en Event of Delauit(�s d�firwd bNow),�nd L�ndK maY�xKCk��ny a all ol ib awllabN r�m�dbs la an Ewnt of ON�uN u .,,y,
<br /> � provldod below un�ess Truslor euher (�)p�yn Ihe lax b�ta��I b�coma d�ilnqu�nt,a (b)conMltb Ih�I�x�f proWd�d abow In Ih�YaxM and ;,� ,F*:
<br /> LNnt aecuon and deposils with Land�r cash or s�uMCknl corpa�t�wroly bond a oth�r aaudty atlshctory b Und�r. :.__.�..
<br /> flECURII'Y AciN�EMENT;FINANCINQ STATEMENT9. The fdlpwlnp provfalon�r�t�llnp to lhis OMd of Trusf at�a�aurily aprMm�nt�n�p�r10� •'�it_;-,
<br /> Ihb DNd 01 T�ust. __--
<br /> .�++�+�""�` �p�naYl prope y/end Lendergehall hev tll of th�triphts o,f a s�s i p�rty und�r ttN UnHam ComrrNrci�l Cyod��utaumend�d ~� � ,.,_4-
<br /> .,.»,....�r dme. � :•_-
<br /> r:;—
<br /> S�curlry Intsnsl. Upon request by L�nd�r,Truata shaN�x�cut�flnancu►p slnurr�nb and lak�wt►�Nwr olh�r aaUon b rWuMM�d by Land�r `•..__-^„
<br /> to pertecl ard coniiwe Lenderb security IntK�st In ih�R�nb�nd PKwr►�I Prop�ty In addMa►to ncordlnp�hN DMd W Trutl In th�n�i —�°�____
<br /> record3,Lender may,e4 any tirtw�nd wilhout tuAhK aWhalutbn Mom Trustor,IIN rx�cuMd counlKW►1s��opl�a r�p►�d�°� ;.;s':=�
<br /> P�oP�Y K��-'--
<br /> thls Daed ot Trust as a financlnp stntsment. Trustor shaA rslmbure�l.�nder tor aN sxp�ntN InCtxrAd In p�rtocdrp a conBnulrp thU e�oudty ,;�,.._
<br /> IMerest. Upon deiaull,Trustor shaN assemble tl»Parsontl Prop�rty in 4 mann�r�nd�t a pi�c�rwsonabiy conwnNnt io Trusta and LsndM :-
<br /> and make It avalla6le to Lender wHNn thrao(3)days aRsr rocNpt o(written d�mand kom L�ndsr. � °+�
<br /> Addresses. Tiie mailinp eddre�ses of Trustor(debtor)and Lender(secured pYrty)�hom which Intamptlon conc�rn�np��w MaurHy���Ka�
<br /> ::�..,-
<br /> gran�ed by Ihis Deed of Trust mey be obtalned(each as requirsd by lhe Unllorm Comm�rcl�l CotM),�tre aa stabd on th�11rot papo of thk ONd ���:-
<br /> a of Trust. -
<br /> ,�; FURTiiER ASSURANCES;ATTORNEY-IN-FACT. Tha followlny provlslons rNdinq to furthar assunncos and attorn�y-In-fYCI Rra a plrt Of thls
<br /> �; De9d of Trust.
<br /> r` FuNher Aasurencea. A1 any time,and irom tim�to time,upon roquest of Lender,Trueta wlll nwko,execuls and deHver,a�YI caua tn W _
<br /> �� made, execuled a delivered,to Lender or to Lenders desipr�,�nd wt��nquastad by l.ondar,c�f��ban�Mdd�►�a�d����t
<br /> rerecorded,as lhe case may be.a1 such times end In such oHiu�s�nd plaaa�s I.�nde►rn�Y dMm�Pp oP
<br /> deeds ol trust.security deeds,securlry agrepmenls,flnancing skl«nenls,cunlinwtion slaNrn�nb��r►shumo�ts oi fu�th�r�ssunr�con�dnw,a
<br /> . ' R�. nnd other dceuments es may,In the sote opinlon o}Lender,bs necessary or deslrabk in order to a(fectuate,compNb,perNct, `
<br /> preserve (a)the nbligatlons ot Truslor under the Note,thls De�d of Trust,�nd ih�RNated Dxurn�nts,and (b)lh�INna and acurNy Intinsb
<br /> ConirBrybbY`Lender�in�w ii g,Trusto shan eimbu�Lender(or all costs�nd e�onrsss bnycurred In onnectlornhwllh the matt�rs ihcrad1 to'n
<br /> � � this pHregreph. -
<br /> Attorney-In-Fact. If Trustor leils lo do any of Ihe thinps roferred to In ths precedlnp parapnph,lendar may do ao ta and In tM nam�of
<br /> ' Trustor and al Yruslor's expense. For such purposas,Trusta hereby Irrevoc�bly�ppolnts Lend�r as Trustors�ttorrNy-�n-(�ct fc►�t►�Purpos� E.—
<br /> !� of making, execuling,delivering, hGng, recwdinq,and doing eli Other Ihlnps as may ba nsasf�ry o►dealrabM, In L�ndM's iol�OpinlOn,t0
<br /> accomplish tho meiters reterred to in the precedinp parayraph.
<br /> i: ft,■„i PERFLRMA�!�E, tf rn,ctor pays eil the Indebledness when dua,snd otherwlss pedorms aN tM oblipatlons Impcn�d upon Trwlor undw Ihb
<br /> Deed ot Trust, Lender shall execute end detiver to Trustee a request tor tWi nconwysr�:s�nd ir��v�ocuts znd d�lv� RQ Tsu`-t"-f '-"-'�i'-'hr
<br /> statements ot torminalion ot nny Nnancing stalement on Hle evldenclnp Lenders seCUrity intxsst In the Rents and th� Psrsonal Property. Any
<br /> reconvoyance lee requ�red by law shall be paid by Trustor,if permltted by appi�nble Iaw.
<br /> OEFAULT. Each ot the�onowlnp,at Iha aplion oi Lender,shall consrituta an sve�t of defeuH('Cvent ot Default�under thb Dad of Trus�
<br /> � Detwit on Indeblednees. Fsilure ol 7rusta to make any payrnen!when due on Ihe Indebtedness.
<br /> pehutt on Other Payments. Faflure ot Trustor wlthln ths tlme requlred by thls Deed ot Trust to make any paymen►for►axes or�nsur�^cs�o►
<br /> ; any olher peymenl necessary to prevent filing of or to eftect discharpe of any hen.
<br /> �� Compllance Default. Faflure of Trustor to comply wHh eny other lerm,obliyatlon,Covenant or Conditlon Contalned in thls De�d of Trust,th�
<br /> i No�e or In any of Iho Releted Oocuments,
<br /> t Fatae Stateme�ts. Any warranty,representatlon or statement made or furnlshed to L�nder by or on behalf of Trusta under!hb DMd of Tru�t,
<br /> � the Note or Ihe Related DocumenlS 15 false or misleeding In any m4te�ia�rospect,Nthar now a a11ha tima made o�fur^►shed•
<br /> �s Defeetive Culteterellution. 7hls Deed of Trust a eny of the Relsled Documenls cases lo be In fuil face and effoct(Includinp(aAur�of any -
<br /> � cdlateral documents to create a velld and perfeCtsd security inlerest a Ilen)�t any dms and tot eny�ason.
<br /> Oea1h or Ineolvency. 7he dealh ot Trustor,the Insoivency of Trustor,tha appolntrn�nt of a recalve for any part o}Trustorb proPe+ty��ny -.
<br /> asslqnmeM tor ihe benefit of crednors,eny fype of creduor workout, nr Ihe comrrwncamont of any praceedlnp undet any bankrupttsy or E -_-
<br /> Insdvency�aws by or age�nst Trusla.
<br /> Forecloaure,FoAelture,etc. Commenr,ement of faeClosure or farlelture proceedinps,whether by ludlCiatl p Ho�w�i�YK�t1iiS 8ubs�CNon�no� —
<br /> �� or any other metnod,by any credilor o1 Trustor or by any Qovsrnmenlai apency apalnsl eny ot the Properly.
<br /> eppiy In the ovenl ot n good fallh dispu�e by Trustor es to the valldNy a re�sonableMas of th�clalm wl�ich h ttN bnsls of 1M fonclosun or `
<br /> lorelefture proCeed�ng,proWded ihnt Trustor glves lendsr wrlHen not�e of such clalm and furnlshes res�rva�or a suraty bond fa t1»dtlm ��
<br /> `1 � sbUs�eCtory lo Lender. -
<br /> Breach of Other Ayreument. Any breach by Trustor under tha terms Of any other eproxment betwaen Trustor and Lsnder th4t IS not romadMd ;;
<br /> within any grece period provided thereln,Including without Iimttatlon any eqreement Conceminp any Indebledness or othe�obNpaUon of Trustor �__
<br /> t0 Lender,whEtlher exisling now or laler. -�°��
<br /> Events Aftecting Guerontor. Any o1 the preceding eveMs oCCUrs with respect to any C3uarentor ef any of the InCabtedness a any GuaqMor � ,�
<br /> � dies or becomes incompetenf,or revokes or disputes the validity of,or Ilablllty under,any�uan�ty�i ihe�lndeb���U��jM quaranl�y In a �•� ?"�
<br /> mey, but shell not be requtred :o,parmit the OuaraNOr's esinle to assume unco d o y b �•; _
<br /> manner satlsfaclory to Lnnder,and,In doing sa,Cure the Event ot Default. -
<br /> (tlsECUrlty. Lender in good telth doems ilself Ins9CUr8. -
<br /> Exlsting Indebledness. A detault shAll acur under any Exlsting Indebtedness or under any In5►rument on 1he Property secudng any Exlsiing
<br /> Indebtedness,o�commencemenl ol eny sult or other acllon to loreclose any ex�sting Ilen on the Property. ,
<br /> Ripht to Cure. i�such e tn�iure Is curoble und It Trustor has nol been glven a noS�e of e breach of ihe'seme tor attOr Londer Seends wrlHen
<br /> wilhfn ihe preceding Iwelve(12)months,it may be cured (nnd no Event of Default wili have occurred)
<br /> n/la es s epsdsuii c ornt/oscu e'ther failu�re aundst►eeeaflere olnUnues and�co pletesballf re sonabie aund nece sary steps sufflclent l o proAuce
<br /> compliance es soon os roasonnbly praclical.
<br /> RIGHTS AND REMEDIES ON DEFAUIT. Upon the oCCUrrence of eny Evenl ot Default end e1 any Ilmo lhereafter,Trustee or Lender,nl Its opllon,
<br /> _. , mey exercise any one or more of Ihe tollowing rights end remedies,in add�tlon lo any other rlphts!+r remedies provlded by law:
<br /> _. _ _��w„wo.�e. .�.aA IwrMv t nndYf rIIGV
<br /> ....._''_
<br /> Acceleretlan upon DetaWh, AddlUonal Remedies. it eny event or oeieuii occurs ay pm ���e�.�...a.,�•..o••..•..----•--••---•• - • I
<br /> declare all Indeb�edness secured by this Deod ol Trust Io be due and peyable and tho same shall thereupon beCOme due and payabb without
<br />- eny prosenlmenl,domand,protesl or no�ice of any kintl. Thereafler,Londer mey:
<br /> (p) Efther in person or by agent,with or wlihoul bhnglnp any actlon or proceeding,or by a rece�ver eppdntod by a Court nnd wilhout
<br /> rog�rd lo InQ ndoquncy ol fls securily,onlor uqon end teke possesslon of Ihe Property,or Eny pnrt ihereof,in IIS own nart�or In the name
<br /> ol Ti usleo.and do eny acis which�t d�ems necessflry or desirable to preserve Ihe ve�ue,maricetabllity or rentebliity ot the Property,or part �
<br /> of Iha Properlv or interesl in ihe Property;increase the Income hom lhe properfy or protect Ihe security of the Property;and,wfth or wlihout
<br /> 19kiny pO55e55i0n 0��he PrOp@rty,sue tor or otherwlse collect the rents,issues ar�d profils of the Property,InCludinp those pest due and �
<br /> unpaid, and apP�Y�he same,less cosls end expenses o1 operatlon und collecllon,fncluding eltorneys'fees,lo eny Indebtedness secured I
<br /> by Ih�s Deed ol Trusi,all in such o�dttr AS Lendor may delermfne. Tha eniering upon end lakfng po5585S1on of th9 Prope�ty,ihe C011eCtion �
<br /> ol Such re��ts,issuos and prohls,nnd Ihe app�ication Ihereo�Shall nol cure or welve ony de�euit or natice of de�(iult under lhls DeE�d Of Trust
<br /> . or irn-ai�daie anv act dona m responsa lo sucn defeull or purcuant to such noUCe of defeull;and, notwilhstanding tho contlnuanCe In
<br /> , . . . i
<br /> � —.1- _ _
<br />
|