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89--" 102724
<br />10 REMEDIES NOT EXCLUSIVE. Tluslo(i and Flnnetictary ,and each tit Iht'm ~hill tie enld4•d It' oilier, a paymonl ant] purh/rrnance of .fry
<br />ndobtndn£ ^. urn, blfgdtipttssec ttrodhn+ ebydndfoexetclso all tit
<br />hisandpt•,.t:ni tdhit•Ilt, retie-. tl) t' III l tit urn It? r Ally uitt -f'19fuOmt•nII,■ei.ttted
<br />in connection heromih or any li)ws now nr hereafter In force notuvilhstanamcl m,mr of ;ti; of ihr' sill mUtnottain . ,+ dnd otahgaii n, yecutod
<br />hereby may now of hereafter be, otherwise secured whether by mortgacle INIQ 40141 ptrd(Ie IIIIII, a•signmt'nt nr uthoiWiSo Nolthnr in('
<br />acceptance of this Trust Deed nor its enforcement whether by court action or pur!:uani to the pnwor of sale of other powers herein contained shall
<br />preludiceor in any manner affect Trustee so[ sot)efivaty s r mitt fu:vdil.0 upon or enturce any other socunty now or hereafter hold by Trustet• or
<br />Benahciary. if being agreed that Trustoe and Bem)ficiary. and oach tit thmn Shan be untitlodloonforcothis Trust Deed and any other security now
<br />or hereafter held by Benoflctaiy or Ttustoo in such order anti manner its they u► oithnt of them may in their absolute discrotion dolormine No
<br />remedy heroin conferred upon or reserved to Trusloo or Benetirfary Is,ntundod it..) he oxchtstwe of any ulher remedy herein or by law provided or
<br />permitted. but each shall be cumulative and shall be in addition to evory other remedy given hereunder or now or hereafter existing at law or in
<br />equity or by slaluto Every power or remedy provided under this Trust Dortil lu Trustee or Benohrtary or to which either of them may be otherwise
<br />entitled. maybe exercised concurrently of mdependontty. born limo to tinlo and as ofton as may be dtiamed expedient by Trustoo or Benetictary
<br />and either of them may pursue inconsistent remedies Nothing herein shall be construed as prohibiting Beneficiary from seeking a deficiency
<br />judgment against the Truster to the extent such action Is permitted by taw
<br />11 TRANSFER OF THE PROPERTY; ASSUMPTION. If all or any part of the Properly or interest therein is sold, iransferrr ;rj, /_r otherwise
<br />conveyed by Truster wdhou.t Beneficiary s prior written consent. excludnig Ial the creation of a hen cr encumbrance subordinas>d to this Trust
<br />Deed. Iblatransfer by opefgfcnof iawuponthedeath of a Trustor who,% a joirtltenant or Ice thegrantutany leasehold interest of three (3) years Of
<br />less which does not rnnia n ;q0 option to purchase such action IS a breach of this agreement. and Beneficiary may. at Beneficiary s option
<br />declare all the sums secured 'zPv this Trust Deed tobe Immediately due anti payable. provided. further. this Trust Deodmay al Soneflciarysoption.
<br />be declared immediately due and payable if 11) Truster isa partnership and anv interest m the partnership is sold or assigned by any means
<br />whatsoever or 121 if the Trustor is a corporation and a transfer of the majority stock ownership Interest in the corporation occurs, or the Truslor
<br />Co +potation merges in any form with another corporation or entity Beneficiary shat; have waived such option to accelerate it, prior to the sale.
<br />tr9,nsfei or cenve pance. Beneficiary and the person tit whom the property of to he sold or transferred rgagh agreement in Wtding that the credit of
<br />s,ich porson is satisfactory in 9enef ciary ,and that the inturust cayirble on u,(• sums sec ured by this Trust Deed shall oe at such rate as Beneficiary
<br />sla:i request
<br />'12 ACCELE,R&TION UPON DEFAULT; REMEDIES; SALE. The fa,hn1lbyt tip Tr „stoi to make an- payment or to perform any of the terms and
<br />conditions oltNs Trust Deed or the terms and condihcns of the Note ur.any renewais modifir.atfunp or extensionsihereof, or th(?f,tdure to mako
<br />payrf}ent of any other indebtedness prior or subsequonl tq :firs Trust E`ela and secured bythis proporty cinhe death of One or rngre Trustors shall
<br />41? at.;: each and default of thlt. 7rjst Deed and the Bentf!)tnOr.v may declare a dWhtult and may dec tare all sums secured hereby immediately duty
<br />anrhaayable and the same sha'I'(•t ?reupon become due•;ind f payable w shout presentment. demand. rretestor notice of any kind, provided, T! is l
<br />shall have any statutory right to c;•,rr, tt a r}r•,fwill before ,.,y notice of dt•rault and demand for sae) rr -air- Je delivered to the Trustee Thereafter.
<br />Beneficiary may deliver to Trustee a wrlfit ^.fie• farahun of default and demand tot sale Trustor agrom d7J r ereby grants that the Trustee shall
<br />have the power of sale oflhePropertyanti 11;. t? n+ 3liciaryceci des IMP Properly is to be, Sold itShall T <t75 °eethis Trust Deed and the Note
<br />or notes and any other docurnenls ev,denc.n9 expgod,hi+c-5 s,2c. red herPDy. and shall delver to I r LISI"e of ciefault and election to
<br />cause the properly tohe sold, andTrustee nlutr. tieatia,'��aeasm,•, rent .ce,ninrformrerlu:rrdbycanv4'1i SY,.`'•Jldulyhledforrecordby
<br />Tru.s:ee
<br />(a) After thei rapseof such time as maw bereauiredby law toi lowt• ig flit! recordation of Notice olF`e`avlf and Notice of0eta.ult and Notice
<br />r.f Cain hav:ny- ucbir y,xQil as reVwrru' Ly idw T tusire, wdttuuf ,J oitind un T rustor snay. see' ?iiP Y'aperiy. if not cede@ ^7e.a in one Or
<br />more parcels and in such order as Trustee era► 4t-',ermine on the date and the lime and z,R_e des grated in said Notice tit Sale. at
<br />public auction according to law -
<br />fbt When Trustee sells pursuant to the ;;:tversherc;• Trustee >^al,applythe pr Yradsotirt' Sa` etopaymentolthecosls and expenses
<br />of exercising the power of safe Ifi4, ,_4 C''t? b? A 'nclud,nq w i, ",out limitation attorney . ",,es and the payment of Trustee S Fees
<br />incurred, which Trustees Fees sharp noY t; ;Nc u�Yregare exceujtl.e following amounts va'sed upon the amount securednereby and
<br />remaining unpaid at the time scheduled to,sAfe. -;�e(cenlUmUll the balanc,,thereof Wild lhontolhe items in subparagraph (c )inthe
<br />order there stated
<br />1C) After paying the items specified in subp<rtayca27' r, ` ?'e 5 t, ,S by T rustee or ,t the sa'e ,s pursuant to jud-Cfal tpreclosura the
<br />pracoe,�$ of sale shall be applied in the fUff ,µP; y Gl�er
<br />;1) Cost of any evide•tce of title lirccured in W,th such. Sdie ar, t ;l any reverue transfer �L e'Iecuired it, t2c'::ad'a
<br />(2) An obligations seethed by this Trust Deec;
<br />131 Junlor trust deetYs• mortgages. or other I;er'.•}�tC ?'S - .
<br />14'. The remainder. it any. to the person legally er^, YC th.erelo
<br />13 APPOINTMENT OF SUCCESSOR TRUSTEE. Be,•e!'.,ary rrey from time 13 fine by a Wflite •gT,Y9RC'CJted and acknowledged by
<br />Gene' c -ary rra,led to Trustor and recorded in the cc..'-ff' Or counties ,n which the Praperty Is tvcateci a,-•.; ",g ot"terwlse complying wit”. ,t;e
<br />pro vastona nt the app I.c ahie Paws of the State of Nen,a",a I. to a successut u• ev-;tysor to the Tiuslee'"ame•7herein Ora c I in g hereunder
<br />14 INSPECTIONS. Beneficiary. or its agents. representatives o-err,a,c•yees are authorized toe -ter at any reasonablelirre upon or in any part
<br />of the Property for the purpose ofinspecting the same and for the purpose of perform-rig any of the ar is it is authorized to perfgtrr, ur, der the terms
<br />of the Trust Deed
<br />t 5 OPTION TO FOnECLOSURE. Upon the occurrence of any bfrac r, n, •e3 jvoty f- t• t:eciardt' on V ° dr f autt hereunder 6Pnef,c f ary sha Ir ,• - .:e t! ••-
<br />option to foreclose this Trust Deed in the rtiannet provided by lave for the foreclosure of mortgages on real property
<br />16 FOREBEARANCE BY BENEFICIARY ORTRUSTEE NOT A WAIVER. Any fore-Dearance by Beneficiary or Trustee in exerc,s,ng any right Or
<br />remedy hereunder. or otherwise a"orded C'y applicable law shah not De waver of or preclude the exercise of any such right o, remedy Likewise
<br />the wavier by Beneficiary or Trustee of any default of Trustor under th,s trust heed sha ;t not be deemed to boa waiver of any other nr b,mtlar
<br />defaults subsequently occurring
<br />17 BENEFICIARY'S POWERS. Without affecting or releasing the fiab,iity of file T rustor c., ar-y ottlor poison i•ahfe flit Rle payment of any
<br />r,hf,gaf,on herein mentioned, and without affecting the t.en or charge ICI th,S Tr;tst Deed upon' nr y p,ellori of !hf• property 9rr.ef,c::ry tnay !ru- ^'
<br />!erne tO t-me an(1 w,ihoui notice at the request Of one of mortt TruslUts I,I'C eatie ar +
<br />I pdtS,'n gable :. rxlPnd Gi ,BnP Pilhp r:, atu•iv „•d;h'f nny.
<br />Ine term,, at any t,uch obligations niu grant other indulgences :.v) ?e1ea Se Or reconvey u• I dust! Iry tit• re.leasr'd I,r rrvor <Pre•u if •illy I file -t'
<br />Renef,c ia,y -;option any parcel or all of Ile Property :vl take or refea Se hhy ofht•• ,I ,tt rl'hun,il sr, ,r ly I:,r :ant uh' q,tt./ n I,prf, , '••r'^ nl.I,1
<br />n ai'n SE.'►Gprr ftr•f <. or other afrangCmenfs with Truster ,n relation thereto A', T,utloi j titian h,• ,nir•tiv ,ir.•I v ,h ydtr•cl .r•,•1 r , .,, 1 !•, r• ..
<br />art•r;ns 4t th<f f3er+eh{,,ary or any one or more T,umo, as Statod ,.. rh,s p.t•;tgr,tpr,
<br />Lt 0 ATTORNEY FEES. COSTS AND EXPENSES the fiennl-I at, ,.1 tf "• , ,. t. , , n,:,. ,ti, , .. N.,
<br />•�t1,<rr,<,r +•. J". p, <•t� <hd In Ihn, Trp�.t feed t•x, !'tit.t', n7httrns(t pt,.n�hli•it f•y :
<br />RECONVEYANCE BY TRUSTEE ' i ..r. t., Iut •, ,1.,t• .t . • ,!, „i„ ,. ,
<br /><,. •tl.;r •, fin ,Ii ,r j.nr,.'.,, .., I" ,, r.., ,y.11'" i..•1,!Ii'(1 it r r r„ �. - -�',.rt t. ,r, ,. tr , <• . , , , .1 , ,. ,
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