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<br /> _ .. _ . �� � - � � _ . 90-�o47ss � � � � � ��� :
<br /> ' r tM Proprrty(s a tak�n or dam�d.L�nd�r it►aii Asvs tl»aptton,tn its�ols and�absotul4 dfscretlon.ta .
<br /> aAK d�dlictlrt�1h�4�m�11 C�ls and�xpr+f�s incurte�by Itlet Conn+�Ctfon ryittt sucl►Procesds, �Y�I!such P�+ocs�d�. . :.-
<br /> • ��+Y f�d�bt�dn�a�cund'
<br /> ., �- � � hl��4�►a�nd(n�uch ord�r�a l+i�r n�ry de�ene�tns.ru tQ apply a1►�uct+Procxpds,siler sucR deduc�an�,rv�te ra�oraUon Qf the -�- - ,
<br /> Prop�ty upan�uch eondiUon�a�ender may eMMrmine.My apptkation of Proceeds to ind�Dtednp�a s�ll npt iicbnd or p o a t p o n s . ..
<br /> ��' ' th��d�M o1��Y P�y m a n t s u n d e r�t e N o t s.or cun any dNautt the►eundar or heceunder.Any�napP�t�d funds ahait bs paid to , ' .
<br /> . ' Trt��lor.. � � . - �f� '
<br /> _; . A. �'MMt�M1e�by L��Upon ths occurrence ot an Ewnt of D�hu�thereundsr�a if any l�et is takan or�sp�ji procNdlnp . .
<br /> _ coen�r�etc�d whtch tri�t�riaNy�1Nctt teitder'�i�rtsr�t irr fhe Rro�ny.Lender may tr�its�wrt diicra�ion.but witlfout obq�stbn io do , �
<br /> _ , , . so.u�d wNbcin nolict�a a d�m�nd upp�.Tr�itot and without teteaing Truafor from any oWlpatlon,do any act which Ttuator has - .. ,
<br /> . aprwd but hib 1a do!!n�!may aiw da any ather act it deema necessary to proteat the�cuii;Aasect Truato�shati.tmmid�ateiyr � `
<br /> ' –�,.—. -- - . t�cus�:ar�ti�alor Oy L�nder,p�y to lertder all costs and expenaes incurred snd sums expenQed by Lender in cannection wHh - �
<br /> - • tM sxer�Itfi by Lendsr.ot�e forbpoinp righb,togefher witA inferest thereon at the detauU rafe pravid�d in the Nots,which sA�11 be �
<br /> � ��°� +^d�ne�aecured hereby,Lender shail not incur aay tiabiliiy because of snythln� it rt►ay do pr omit to do � `
<br /> . � �Nreuedsr. � •
<br /> ; - 9• Mwrdaw MM�ri�N.Trustor ahaf!kesp the Property fn comp!#AnCe w(th atl appticabte laws,ordinances and re�utations � '
<br /> . , � . rstalin�b induatrtal hyQfene or environmental pro!actian(collectivety refarred ta heretn es"Enyironmenta!I.dwa'�.Truatqr afla11 '
<br /> - � kssp ths props�ry t�esfrom afi substartces Qeemed to be�ia=ardou�ortoxic under any Environmsntal L,ewa(collecUvety refened to �
<br /> � herrin as"Haxardous Materiats"�.Truator hareby warrants and�epresents to Lender that there are rto Hazardous Matertats on ar
<br /> � � � ' uncNt the Propert��'ru�d�r hereby agrees to lndemnify aad hold harmtess Lender.its direcbrs.oificers.emptoyeey and a�ents.and . .
<br /> _ i sny succe�ors to Le�dep�Intptes�from and�apaiqat eny artd aq c�aims,damaQes,tossea and iiabilities erising in cannec6oa with `
<br /> . , j the Pres�nca. use.dispoql or trartsport ot any Haa.ardous Matertals on,under,hom or ahc�ut the Properry. THE�OAECiOlNG
<br /> W/1FiRANTIF,,S/IND REPqESENTATIONS.AND TRUSTOA'3 OBUGATIONS PURSUANT TO THE FOREGOlN(3 IN�EMNITY,SHALL
<br /> . , � SUFiVIVE RECONYEI►ANCE QF THfS OEED OF TRUST. �
<br /> ._ . ; . 10. �td��nNnt ot R�nM.Trusto►hereby e��igns to Lertder the rent9,issuea and proflts of the Properfy;provided tfiat Truator
<br /> � �shaH,until the c�ccurrence otan Event of De!sutt hereunder,have the rl�ht to cbQect e�a retain such rents,fssues and protit�tes they 1
<br /> E become due and payable:Upon the occurrence of an Event oY Delault,Lertder may,either in person or by agent,w(th or w7thout
<br /> • _ fsringinQ any actlon ar proceeclinp,or by e recehrer appointed by a cou�t and without regard to the aQequacy of its security,enter
<br /> upon and take posaesslon oithe Property,or any part thereof,in its awn name or in the name at the Trustee,snd do any aatswhfch it
<br /> . deema necassary or desirabie to preserve the vafue,marketabfllty or rentablliry ot the Properry,or any paR thereoi or int8rest therein,
<br /> � tncres�tne fncorrte theretrorn or protect the securlry horepf end,with or wlthaut taking poasesston of th�Property,aue tor or
<br /> otherwlae collect the renb,isauea and proflb thereof,inctuding those past due and unpaid,and apply the same,tess costs end
<br /> expenses ot operat[on end coNeetfon Including att�rneys'fess,upan any inde�►t�tirress seeureri here0y,att In such order as Lendei � '
<br /> • . may�ictert>tin�tne entertnp upon enr!taking possession oi the PropeRy,the coltection o!suoh rents,issue9 and profits and tha ' �
<br /> � � � appS ation thereoi as aforeaaid,ahaU no!cure or waive any dafauH or notica a1 detault hereunder or invalidate any act Qone 1n '�'
<br /> � i r�po:�se to euch Gefault or pu►auant to such n�tice o1 defautt and,notwithstanding the continuance�n possession of the Property or � � '
<br /> � the coi'et".ion,receipt and application of re.^.s,�ssues or profits,and rrvstee and Lender shati tse entitted to exarctse every righf � ��
<br /> � providec!tor in any of the toan Instruments�r by law upon occurrenca af any Event of Oefautt,includirtg without!lmitatlon tha rlght ��"-�
<br /> � to exercise the power ot sate.Furthar,Lender's rights anA remedJes under this paragraph shail be cumulative with,and tn no way a -
<br /> limitatian on,Lender's rf�np and remedies under any assignment o1 teases and rents reeorded against the Property.lender.Tru�t�e • �:
<br /> � and the recsiver shall be tiabte t0 BCCOUnt on(y tor those rents actu811y�received..
<br /> ? 1t. Ev�ni�o1DNauN,The toltowing shetl const�tute an Eveni of Default under this peeQ ot Tcust � •
<br /> (a) Faiture to pay any Instettment ot principat or interesE of any other sum secureal hereby when due;
<br /> (b� A bresah o1 or default und8r any ptoyision contalned m the Hote,this Oeed of Trus�any ot the Loan tnstrumants,or any �
<br /> ; othe►lien or ertcumbrance upon the ProRerty; �
<br /> '. , . {c) A writoi BxeCUtion pr attachment or any sim�lar process shatl be entered against Trustor which shalt becom@ a lien on
<br /> � �! the PrppeRy or any poRion thereof or ir.-ecest therein;, _
<br /> . (d) Th�re ahafl be filed by or Aga:�s"Trustot or Borrower an act�on under any preser,t or tuture tederal,state or ather
<br /> statute.faw dr requlafion relating to tt�^��uptcy,insolvency or oth�r retief tor debto►5;or there shall be Ap�pointed any trustep, �
<br /> , receiver or liquitl3tor of Trusto►or BprrOwer or ol all or eny part of.tho Properry,o►the rents,issuea or profits thereaf,ot Trustor
<br /> � or 8orrower sheq make eny gene�et assignment for the benetit ol creditors;
<br /> i (e) The sete,tra�ster,�ea=e,esaignment,conveyance or turthe►encumbra�ce of all or any part ot or any interest in tha
<br /> Property,either votuntenty a: involunWrily, witAout Ihe e�ptess wr�tten consent ot LenQer;provided th3t Trustor sS�3F1 be
<br /> • pe►miKed tb execute a tease ot the Property that aoes not contain a�opt�on to purchase and the term of which doos not excced
<br /> , one year.
<br /> i� AbaRdonment ot the P►operry:ar � -�'�-
<br /> i fq) N Trustor i��ot an individuai,the issuanco,sa►e~r�nsfer,assignmanf,cor.voyance or Qncumbrt�ncci o1 more thana total � :_
<br /> } ot 2 S pB�Cent pt(il a cotporation�:�s�gguad:�nd outstand�r,g stoch or�d a partnersh,p�a total ot _perCent ot �
<br /> • � peRrler�hip intere�te during the penod ih.s Oeod ot Trust rema�ng a i�en on the Proporty.
<br /> � 12• p�f�di���AceMMStion Upon RNauit,In tho ov�nt ot nny Even!of OetauH lene#s�may,w�thout nohco vxcept as reqwred by ._..... ._.._
<br /> . law,declare aU indebtadrtess aecured hereby to be due and paya�lo and 1hQ sar�e shnll th�►reupon becoma due and payablo
<br /> without any presentmen4 dein8ad,protest or not�ce ot pny kind Thareafter l,eader;-�ay:
<br />• inter88,�De hB prdperry to be s01d anfd the p 000Uda to be dastnbuted,al!hn Ihe manno r prav d d m thef NCbta Ice Y ustr0oeds
<br /> AcC
<br /> (D) �xerCisB 8ny and atl riqhts provided it��in any af the I.oan tnstrumants or by faw upon occurronce of�ny Event ot
<br /> , Def�u[�and �
<br /> fe? �fl�►���ertCe en 8ction tU forectose thts Doed ot Trust es a rno�tgagv,apppmi a roQQiver,pr spec�tically onforceIIny ot the
<br /> . . CovenBnts hereot
<br /> ' No cemedy herein conferrad upan or rosarved to Trustea�r L�nqer+s,r,t�n�led ta be excius�ur�ut��ny pther rurnedy hQrQrn,m the '
<br /> i.oan In�truments or by law provided ar pcsrm�tted,but e3Ch Sha11 bD Cu�nut�it�Ye.9hati bct�n additiOn to�uefy Uth�tr rc�ir��dy gw8n
<br /> �iereunder,in the Laan InstrumQ�ts or now or h�reaftcrr ex�sting at la.v o�u�c�qu�ty a��y statute.ari�+may be exerc4sed concwrenUy,
<br /> , :s�Qap�ndo�40y or auccgseiVely. - --
<br /> 13:TtuHN. The T�ustea may resign at�ny timo w�thaut caus�.end Lvndpr may�l��ny t�r,,o and w,Ynout c8uso�pp0�nt e � T
<br /> - - s�u�s�Ge�s�t�;;u�b�dtute Truslee,Trustee sh�ll not be l+ablo to any p�rry^includirttt witha�t 1�m�L�en�n�a:,rtvr�rr���r,?s;s;t�;ar vn f . , z . _ .
<br /> . �iY�fiOT�►����!��d�'u�ii�9s dutt f�rec..,v,s�r w;iltu�m,5c unuuct.antf sb�lf not�io r0quired to tako eny i
<br /> , F�ction in connect�on with tAe arntorco�mont ot th�g Qead ot Yrust unless intlOmn�h@t�, In ,ahfing. {pf 8fI Ca5t3, compensat�on ar ,
<br /> expa�s4+s which mdy Do 8ssoeiat�td thprowdh tn ndddian,Trustoo may beeomo a pu���a�e�ar ar�y salo of tRa property Uudre�<jR ar
<br /> under tho power ot sata granied haro�n}:postpono tnp s�io of ai1 or any�arUbn pt tho Property,ns pravi�ed by►aw,ar selt th�
<br /> " f�ropetty�3�what0,Ot in seQarqto parCElts or IpfS F�t TrWStev's cSiSCreUon � '
<br /> L � �4. FMrs and�nrrr.ln thp event Trusteg selts thu Prape�y py pKe�c�s�i u7 p�we►ni sa10,T�ust�e shal�bES anUttud t�apply
<br /> an,y snle proCgBdg lust to p�ymen!ot at1 co5fs ond crxpenses bf e�erc�slr���,owEir�!s�1�.�r�ctudin��,t Tre�st�e's fH�s.a�d lender's
<br /> • en�i Trugtact's8ttorn0y g(eos,actu�fly�neurr�-d t�extont perrmtted by appt�c�b?e IaH Itt thf!t11�n4 El;�trUrtrC�r nr Trustor cxer�,��,y�n f �
<br /> ri�M pruvlBet!by taw t�cure an Eveni ot Qetautt.t.en�er si�a+►t,�ent�uad to rE��v���r�,�,.;r�sia�;etf svs.s:s:�cs ex�ens�rs actu�t+y ' tl�
<br /> , ItlCcitt@i�pF�i r�L{!f 8t 1(�g«f`� �(pl�utt,inGtu�ng w.lAOUt !�(nq�t�Qte �!I ?r�5t�+&�i���t�ttbrrr�y'S f�e;,. fa t�E ext�n�p£arrrutted Oy � r��
<br /> �pp{iCtlblb law.
<br /> _ t5 Fu[ur*Adrmc�r�. Elp�n e�t�uoSE of E�orrpwdr, E�na�:r rr.• t� _
<br /> riy. Ff}1}5 O(7f�U"� f�tiifKO 8�j!j�(.JI�:1� tu�d t;�!�,e advnnGeS�ri!3�E-�- r.�
<br /> .. �dvonce9tu P,cirrt�yver SucP�edva�cas and readvances.,y,ItY�nt��CSt theie_,�ti.5n,��t bc;sE�:.�,re�f t��;rY,s Ucc�d c�f Trust A1�t�t�rr:f�s��a►I
<br /> ���;r 7 flcc��llpunl�f tt�C'�r.Q6bt��1nH55 B��U�Q�by th�g(7'��}Vt Tr�^,7i:.�t�n�:l:��itoty S�K S Eiiir�isrt�:l tr,S,tut_._I�r'�.���Lt�Sf U�itti� .
<br /> , ! L'Xw�;,,,tHE?fir���nut�,����c�pat amount statah ..erf�,tt. tit i ���*���}��Q . _ �ri�r!�{lEl :� fE�i!!0� .
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