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<br /> , •�. , �12-16-1998 DEED OF TRUST �5.. ������9 Peqe b =
<br /> � �� �� Lo�n No 76�411 (GonUnwd) .
<br /> � � '° pr�nt�d by Ihh DMCI of True1 rrNy b�obt�ln�d(MCh�s roqulr�►d by ths Unlfam Commerciel Code),nre es steted on the Brst pepe of this Deed
<br />'. '" Of Truit.
<br /> FURTHEA ASSURANCES;ATTORNEY-IN-FACT. Th�foNowlny proNalom rsktiny to furthsr essurancea and �Horney-in-hct are a p�r�of Ihis
<br /> � �• � DMd Of Trutt.
<br /> FuMhN As�W�nCU. At�ny tlrrN,�nd hom drrw to tlnw,upon nqwat of Lander,Truetor wlll maks,sxecule and dolivbr,or wIA cause to be
<br />� �' rr►Rd�,uacul�d cr ddlv�nd, to L�nd�r ar to L�nder'a d�slpnN,and wh�n requ�st�d by Lsnder, causci to b�Nad,rec<xtNtl, nllbd,a
<br /> nncord�d,u the c�s�rtuiy be,at auch fimes end In such oMcss�nd placss as Under mey deem approprlate,any snd�II such matpapes,
<br /> ' doad3 ot trust,,•.ocurlty docds,sycurlly nprcomonl�,f.wnclnp statwrrwnts,confinualion etatarrwnts,instruments o}turiiwr assur�nce,caUP.calss, °
<br /> �nd oth�r dxurrHnb a mty,In th�sols opinlon ol I.�ndK,b� nwvss�ry or ds�k�bN in ader to sM�ctuete,compkte,p�rf�ct,condnua,or
<br /> �.,;.;'� pres�rvs (�)th�obllp�done of Truator undu ths Nots,tf�DNd of Trust,and the Reiatad Oxurrwnte,md (b)the INns and s�curity Interests
<br /> � crs�l�d by thb Dwd of Trust a�fkst�nd pria lbns on th�PropKty,whether ncw owned or hereafler acquired by Trustor. Unless prohibited by
<br /> U�w a��re�d to the conlr�ry by L�nd�r In wridnp,Trusta sh�N reimburse Lander for all costa�nd expensee Inc;urt�d In connactlon wiih the
<br />••..� mafl�rs nferred fo In thls pu�praph.
<br /> ��t'
<br /> Attom�y-In�Flwt. If Trustor falls to do any of the thlnps referted to In ti»precedlnp parapraph,Lender may do so for�nd In the name o}
<br /> , '�' Truslor snd d Trustor's expense. For auch purpos�s,Trustor hereby Irrevocabiy appdnls Lender as T►usfor'e attorney--IMact fa the purpose
<br /> of makinq, �x�cuHny,deliwrinp,pliny,ncadinp,�nd ddrq a4 other thlnpa as may b�neoessuy w desinbls, In Lend�r's sol�opinlon,to
<br /> �ccomplish tM rru�Hsrs rehrrsd to In ths precedinp parapnph.
<br /> � . FLX.L PERFORINANCE. If Trusta pays�II iM Indsbt�dnsas,Includlnp without Ilmifatlon�H futun advanc�s,when dus,�nd otfNrwls�p�rfama ali
<br /> � tf►�oblipaHOne Impos�d upon Trueta under thb Ds�d of Trust,Lend�r ahW sx�cub�nd d�ilwr to TrustN a nquast for hi nconv�y�na�nd shaN
<br /> ' , execute and delivnr to Trustqr SuitMble statements of termination of eny fln�ncinq stafement on file evldenciny Lende$securlty Interest In the Rents
<br /> � and ihe Personal Property. Any reconveyanCe tee required by lew shall be peld by Trustor,If permitted by applicable law.
<br /> :qf . . ..
<br /> ,. , DEFAUI.T. Eech of the followlnfl,at the option of Lender,ahaA conetitute an event of default('Event of De(ault")under ihls Deed of Trust:
<br /> � Defeult On Indebtodnsss. Fallure of Trustor ta mako any payment when due on the Indebtedness. -
<br /> Wfwl1 on Oth�r P�yn�nt�. Fwllun of Trusta within iM tlme reqWrsd by ihfs Deed of Trust to rnak�any p�yment lor Guces or Ineunr�p,or
<br /> eny othsr peyment nscsssary to provsnt fllirp of or to eflsct discharps of any Ibn. _
<br /> Compllance Dehult. Fallure of Trustor to comply with any other term,obliy�tlon,covenanl or condiHon contalnad in thb Deed of Trust,the
<br />�;�-. � - �, Note or In any of th�R�tYd DoCUmonts.
<br /> FaIN StNsmaii�. Any wuranry,reprosent�tlon a statemsnt rtwde or furnished to Lender by ar on behaM of Trusfa und�r thb Dasd of Trust,
<br />;::•, �. ;,'� th�Nob or tM Rsl�t�d DocurrNnb b hfs�a mfsl�adinp In any malKlal nsp�ct,sFthsr now ad the HrrN made or furnisMd,
<br />= ti.,� O�Ncqw Co11�t�r�112M1on. Thfs Dssd of Trust a any ol the RNabd DxunNnts aas�s to ba In(ull facs and atfeet(indudinp hllun of�ny
<br /> � „ coNrt�nl documsnts to creet�a velid and perfected security Interest or Ikn)at any tirr.�and for any reason.
<br /> ' � D�Mh a In�olwney. The de�th of Trustor,the Insolwncy of Trustor,ths eppdntment o}e rec�liver for any part of Truator's propKty,any
<br /> - �sslpnmsnt tor the bansllt of cnditas, any type of cnditor workout, or the commencement o1 eny procwdlrrp und�r any bankrupicy or
<br /> � •.'• InsdwnCy law!by or apainst Trustor.
<br />�„;,,.•.,.- .,,,�, For�ciosun,Fori�iiur�,�ia wmrtwncvmani of foroclosure or foriaiiure procs�dinp��wiwii�r byjud�ci�i praavdinp�s�ii-heip�nPoswssio�
<br /> _ . � �. or any othx method,by any cnditor of Trustor or by any povernrrwntal apency apainst any of lhe Prop�rty. Howawr,lhb�uba�cdon ehaM not
<br />.�r�v,...::,.,..�.; appy In the went of a pood hiHh dispul�by Trusta as to tM wlidity a nasonabl�s�of Iha cl�lm wF�ich b the b�sis of the foncloaun a
<br />�,-,.� , �,�� fonfNturs proaedlnq,proWd�d tlwt Trusta pivss Lsnder wriflan notkx of auch dalm and furnfshes ns�rves a�sunty bond for th�c41m
<br /> -,°.,,,:�'•1 i,,�' uHsfactory ta Lendar.
<br />�...k.,
<br />�;:,:�y�'',�`:,,. Dr�ach of OtMY AynMmont. Any broach by Trustor untMr th�farms of any othsr�pnsrrNnt batwwn Trustor�nd Lrndtx Ihat k not nrrwdMd
<br />-;;:. :•,•,v:,, .� within iny pnco perlod providsd then►In,Includinp without Ilmit�tion any agreement corx�rninp any inds6t�dness or othsr obNp�tlon of Trustor
<br /> .;,,r'�.!�i.'.•;�:�. to Lendw,whether ax�stlng now or later.
<br />-"�`�"f�`"'`i'` Eventa AftscHnp Gwr�ntor. Any of the precedirp svenls occurs with respect to any Querantor of any of the IndebNdneu or�ny Ouardnta
<br />'�"•„Tf..;"".';..�
<br />-x�t��� dks or becom�s incompetent,a revokes a dispules the validity of,or Ilabllity under,any Gueranty of the Inde6tedness. Lend�r,at its opdon,
<br /> ;.:,�,�rr;��n4%� may,but shaN not b�rsqulrsd to, permit the Gwnntor'a esl�ts to assum�uncondiNonalty the obNpations ulslnp unda the pwnnty In�
<br />—=:••r-����F . maen�r saHsfactory to Lendx,�nd,In dolny so,cure the Ev�nt of Do(ault.
<br /> ;,�;'d_._':.,�,r InNCUrtty. Lender In pood falth deems Itself Insecure.
<br />����-���'� Ri�ht to Cun. If such a hNUre b curabb and H Troator has not bMn pivsn a notla of 4 breach o}ths san»provhlon M thb DeW of Trusl
<br />�__� __���_.,�
<br />-r__: -;�-�� within tha precsd!np twelvs(12)months, It may be cured(and na Event o}Datault wIA have occurred)I}Trustor, �Aer Lender senW written
<br />;���_°_��� notia demandirp cure o}such feNUro: (�)curss ths falluro withln ten(10)days;or (b)If the curo nquir�mon fhan len(10)days,ImmWkt�'y
<br />--���;„:y�• Inidata st�pa euMcknt to curn tha fnlluro and thsrsa!ter contlnuee and compktss�II raasonabb and r»ceuary sUps suMcMnt to produa
<br />:•�:.;:::,�t.��,. compNanc�u soon as roasonebly pnclical.
<br /> _�,,�_,;:,,..
<br />-:.:i••.�. , pl(31iTS AND REMEDIES ON DEFAI�.T. Upon the occurrona o}�ny Ewnt of DehuR�nd�t any drrw thsro�flsr,Trust�e or lender,�t Its optlon,
<br /> �:�.��i� may exxclse any one or more of Ihe fdlowinp rlphts and rertwdies,In addiMOn to�ny other rlphta or iemedlea provided by kw:
<br />�="";p� � ACCNv�tbn upon D�hulh,AddltbnM R�nt�dk�. H any evont of deftult occurs as uer tha terms o}tM Nob sacured Mroby,L�nder rn�y
<br /> 1}.J�,��'�`•�i+ d�claro aA IndM�tsdr�s�cursd by thls Ds�d of Trust to be dw nnd pay�ble�nd fhs same nhall thersupon becorrn dus�nd pay�bN wHhout
<br />�- �-:��° °. any pnsentm�nt,d�mand,protost or notk�W any klnd. TT�ersefler,Lender may:
<br /> _��, _
<br /> -. (a) �ither In person a by�pant,wilh or without bdrpirq any�cdon a procs�dinp, or by�recalver appoiM�d by�cotxt�nd without
<br />-,�k...,.y ,.. rspnrd to ths edequacy of Ib security,enter upon and t�ke pnsseaslyn ot tM Property,a any part 1Mreof,In its own n�me or In ttN name
<br /> _„+f.tq�!+ ot TrustN,Qnd do any�cb wh�h It ds�ms necsssary or ckslrable to pros�nre th�wlue,m��kNablNty or nntablwy of IM Prop�ty,or put _
<br /> �.,�,.� . of tha Property or Interost In ttw Proparty;Ineraue the Incoma h.om lh�Propsrty or protect tM sscurily of th�Propwty;�nd,wlth or wlthout
<br /> : - teklrp possas3ton of tM Propsriy,sua for or otM�wfs�cdlect th�renb,bsues�nd proAts d tM Prc�erty,Indudnp thos�put du��nd _.
<br /> - unpatd,and appty tha same,less cosb end expensee ot opsratlon and cdlecdon,Includlnp�ttornsye fee�,to�ny ind�bbdness ascursd —
<br /> . by this De�d of Trust,dl In such ordx as Lander may detKmtrN. Tlw enterirq upon and taklnp poss�sslon ot tla PropKty,ths coNOCHon
<br /> �_ ot such rents,lssues and proAts,and tM applicaHon theraof sh�N not cura or walW ony dYfeult or notlCS of d9faW1 undlr this O�ad ot TnKt =
<br /> � � or Invalidate eny nct done In response to such dehult a pursuant to such notics of default;and,notwithsGndinp ths conflnwnce In `.
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