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a. f[11*" DOM"% LundM re hereby anngnod All compensation. awards. dam 90"' 10 n( 19 F 1 <br />damages keno Other payments or NINE (he►elnatlrtf , PIOlsedel in( offMCtiOn with <br />CoINNationOf other tak + of the ProWlyOf part thermal. orfor eonvayanoetnkeuaeonNmnaonLw► der ehalibblrsoptroeanence .appasrinand {'r <br />'•,�.'•. <br />INDMOW4 in Its own name Any action M proeaautrnoa, and Shall WSO 11041,11111111116 10 make any COmpfOMIN or atl*ment In Connechom with 6WIt taping or damage. In the <br />rml taffy portion of the Property Is *o taken or damaged. Lender shall have the option, in ifs sole and abWlule diserefion, to apply all such ProeNde, ahN deducting <br />• <br />themoltom all coallondespenwincurred by it in connection with Such proceeds. upon any indsibladneas Secured hereby and in such order as Loroodger matedmarmine. or to <br />lip* all much Proceeds. after such deductions, to the rMaration of the Property upon such conditions as Lender may deterrmM Any spWKatloti rA Proosedp to <br />kadNpplNtess shall nor eas&md of postpone the due date of any payments under the Wale. of cure any default thereunder or henundw <br />7. Paorlonspoy Lealet In the event of Swroww's failure to perom any of the CCvMna neain or Make env potimorle required hereby, or if any act Is taken or 1• � _ F;�v,.• <br />legalptoneadingcommencedwhichinate nnflyatfactmLendst' unterestintheProperty .Landermayinitsowndiwithon. butw nhoutubilgallcntodoGo .andwithawtulco t <br />toot dOTanduponBortowMandwtdloulretNs" Bo rrowfromanyobligation. 60Anyadwhichthe Bor lotwrhopagreedbutfallstodoandmayoloodomyoltwactit <br />deelss "cleNery to proleet the eecurtty hereof Norrowr Shall, Immediately upon demand Therefor by Lender. pay to Lander all Cattle and e■ lanses Incurred and aums <br />esporKMbyL*redetinconnecllen with Wao"mfto by Lender of thelafellaoing lights. together with interest Thorson at the role provided in the Note. Vgp01koaddW4o <br />the (rldebtednasa seGUted hereby Lander shall not incur any personal liability bacaYM of anything It may door orntl go do heroundar <br />a. fresh M OeladL The 1ollovnng $hall constitute an event of default under this Deed of Trust t, • , . r <br />(a) Failure topayanylnalsumentof principal of4nWoOloranyolhWftern mcuradhemby when due. o► IWilfelopaywhenflw "otherindabtedhonof +' <br />a01rO1M1 i so Lender: <br />ib) A breach of or default under any provision corNaLwed ss we Nose. this Deed of Trust, any document which swum so Nona, and any other E r <br />QPAMW*lam a upon Ns& Property: <br />(cl AwrAdesec~oroWhw4wA*P qwmav pracessaft" b@OAWW Against Dorroomer which 0011 become a lMmenNoPpopw ft atia"Iprltp.w " <br />yfwfe of or! Is 8– ttilaew <br />1d) There often be f+1ed by of against tlonosef an action under any present or fulute taderal. Han at other glottis& Was or nquiaaan totaling to <br />f, banknrpley.Inaolvsttfcy. of other rekeffor deblorm- atners ~be appointed any trustee, nulwroc wqufdalorolloorrpwKo►W aNaanyparloUMell mWIV, Or <br />Mr north. leelite of proflh thereof. or Borrow► OW alnmte well' Cowell a"Ifi s nt for the benefit of creditors <br />($) The sale, transfer. assignment. ctin.rfyanco of k*VW erKUnlWUWA of AN of any part Of W weir 1111440 in Mks Pnepnty. either votttrltaniy Or <br />lamake nWtly, without the *aptep written consent of Lando <br />1q ItBorrowetomateronawdual,IMs ale. tmnslmr, assgnment. COnvey anceorencufflW&ngamore than __._ la-w"totfua <br />corporstlon) its <br />itatu*d ltd outstanding Block or file partherohepl percent of parinershlp interests <br />P Om maMlMt MMIe1MM11 Upeo MAMft in the eveM4f any Event of Default LwvJw may doctor* all rndefA*dnm Secured hereby lobe due and payable and she <br />ats" shall Hereupon becolM due and payable wdhoto 9(,v : rtWt"Wl. demand. prdMt or notice of any kind Thol eatw Lerlder may <br />1s) Demand that TruNww exercise the POWER OF SALE granted herein and Trustee shalllheraalnr cause Bo► rover'sln%MlIn the Prgpany5obesold <br />Atari MN proceeds to be dslretow"d all In the mannor provided in the fs*bree$a Trust Deeds Act; ! <br />(b) Either in person or by #,gent, with or without bringing any action or proceeding Ot bt -) receiver appcantad by a court and wdhOUI f*gerd to the <br />adequatyol Ileeecuhty, hater upon and lake possession of the Property, or any part thereof, in its own name or in the none of the Trustee. and do any acts which <br />It deems rmCNsary or desirable to praeerw IM value. marketability or renlabilily of the Property or part thereof or interest lhrerll. Increase the InCOme <br />that fromorproleLrthe soclrrdytwooland. With of without Taking posl* $si4nof the Property sue for or otherwise collect the rents. issues and proton thereof. <br />f-Aludino those past dust and unpaid. and apply the same.liess cools and *aptnesif of operation and collection including altorneVi'lle" upononyindebtedreta <br />lfCiiby. 311 iiS Lich Gfd3r K Lirtd=f ftfiY 3iTirrfiilRi Th: i f Wil:g up&i.::rd fiimg puseeasraml of" property. the cofiaohnr of suc4 rents. rnuee and <br />profits w W the application thereof as aforesaid. shall not cure or •valve any delatdl or notice of dote,dl henundat or invalidate any ncidoM in response to such <br />default or pursuant to such notice of default and, notwalhlteltdtn,l Ilia continuance in possession of the Property cw IM collection. receipt and application of <br />rents, rswes or profits. Trustee or Lander shall be anldlsed to oaomirw every right provided for in any of the loan Inalrumants or by law upon occurrence of any <br />Overrt of default. Including the right to e•erclse the power of fale and <br />(c) Comments an action To toreclosel (holy :Alert of Trial s$ a murlpage appoint a receiver or specifically enforce any of IM covenants herrrof +{ <br />Nomntolly hewn conferred upon orro wyadloTrustNorL, mderisnntandedtobeeacluuWOlenvotherfnmytiyherem. nhie lawprovidedofgermllled .nutowhohallbot <br />cumulative. shalt to In addition to every other falMdy given hereunder or now or hereafter eatermig at taw of in equity or by statute and Mato be esefclo ed concurrenlly. ' <br />1 ' Intlspervdently or successively <br />10. Tro11ee. The Truatee may reign al any lime wohout Caul* and Lender relay at tiny time and wohttul sine appoint a succnsot m substitute Trustee Trustee - <br />ANN not be liable for any ION or damage unless due to attionebi* neghoerice Of yedlful m XOndutl and $hell ant he Inquired In lake any action in connection with the <br />enlercemertt of ON Deed of Trull unless Indwnn alimd. In wfnmg. lot all costs compenutifm of espenM► which may rose aarsotimlad lh*rew.lh In addition Trustee may <br />bOCOMapurChaeMM Any OWOf the Property (judicial atundet the power ofsalegranledherem) postpone the 9teleof all orally portion OfIMprOperty Agprovidadbytaw <br />i o/ no tie Pr Opp fy ss a whole. or in Separate parWq w kils <br />11. Pubm AtAWASL Upon request of Borrower. Lender may al d$ option make additional and future advances and readvances to sallower Stich advances and <br />resds sescm. with Inleteet (hereon. shall be secured by this Deed of trust At nu time shall the principal amount M the indebtetlnnl;s eecltreO by this Deed O) Trust. not in <br />tiding$ unnadvaacadWproleclthemunlyofthisDOWWTrust emceed the arigin pnncl6lamountstatedMrnn.or% 40,000.00 .rhichilw►n <br />Weer► <br />12. &NmmNe Pfoolole . <br />(e) aenewef11e1 NeteMaR t5slension pf the lime tea. paymont Or modihtyl.on of amoiic Y. on of the sums sec:utal by this Geed of Trust granted by <br />- . Lankier to any sucCeeWr In interest of Narrower shall not op*tain To release in any manner 1M if )!l ,ry of the original BOrtowgr and Dorrotgrs successor$ in �lytt <br />interest Lender Wall not be t*gtrred to commence proceedings against $u. hit it. t toaster ur relusat :y outland lime for payment tit other* iw modify amotitatan <br />OI ilia Mires secured by this Deed at Trust by meson of any demands made by the original &irfower and Ro•tntw$ui suctewots in inlereBl - <br />'i (b) LatdoftPovmm Without afleelwa;r,rit i,161111y at spy Olhoor pot man liable for the pay ment of any oof. qaticin harr.re monlicened and without offic: Ting <br />Ohs ier+o Charge of this Dead of Trust upor anypwoon of 114 Propady not then of therwtulorl r Was sod sow. rdy for treat to Anucipa of all unpaid Obligation <br />Lerldmr may. Iranlima testne and wfthculpolice III release s. ^) losOnMliable is&)!. fe ndt h ►ri- alurdyor motor any ofthMtefnv. my such Obligations her) <br />grant oftaf indulgentee. I'yl tafarsta of ratonv*y at cause to M +• it •used or ncon.ryed at any f.,ef at Lender m options any pa,%:o, .. vn,un or au of the Property - <br />i <br />for) Wheat mahamoor any olMnweadrkenal sec utdy for spy obligation neaten mentioned orlrilmyitecompoadionlotdMra ►rattyaniernwrlhdeblaarnrelatwn <br />"MMIO <br />(e) !<MwMA061LMl1 srNMSW~ AnyfotbearsntebyLendermesrtosingany eightorsmear - *asunder sir other w,Naffii wow oY iriplreable <br />law. WWI not bark weater ofor pfeuaideBe eeer•caw0l any Such tight orromedy The prtxtuemenl11 lrnHgancom tlLe pavmentoftaxesgrulhat .4o Rli.thalges <br />by LMWMMMN era bo a wawM of Lo date flied 10 accelefere ile maturity of ohm ,ndebtM••!•N s*tuted by this Heed of Trust _ <br />(d) secomee a and Assets" resod: alow sad son"LnaaWly: CapNOW The catiwrs + 4�,d agreements herein t t,e•I,arar •i nAi INvu iro •rem rights <br />hall N$hall'nuteto. The t000KtmeSwcen ots end see" olLendor and Rorrower�.Gwcl : Ihnprunswneulparauraphtl ,a•-4,14WAv.:ttroantsand <br />agnerllefnlSOlBofrOwargmallbepinlandaew .ill Trwupt. arnandheedingsorrho pora graprsof tn,i tOBede,trey■latrlotconywn.ferwel ttfw'ae+sawnMlobe <br />tlMd la ii0o ptel or defirn the provisions normal <br />(e) MMOPA@MIWIMVSW ThoPittlen howeaeyre questthat4copyOtenvn rx...•. d.] efaunrtfroungetan, la.:. rtyo lanynahceofsale h ersunami•:wmeledto <br />MthpattytOthfll0364 ?fuel at the addmsee *Txtxthabu,+,nntemannet forest; /.budti,ati• + +ninoaw E• aopi for any other notice tegwfed•.r Joe spoils able <br />later to be given to aftOtlen manner• any notice provided for m this Deed Of T full Snell be swat, I c y .ni,,,ng nut h notice by cstlif.ea mad Ail dess"d Ic, the other <br />PWNM, Bl the address eel It" above <br />Any ht-1 1 ptOvided for M this DOW tai Trust smelt to decreased to nave been gwoon no /ottOyle. df L efWof when g.ven in the -nd#WW d*a.pr.$Wk nwe.If <br />11) Iwmp*elhM Leaflet may make o, dsuite l p be made tMSunable entries u oon Alto in spot. t.onit of the ftrupw, ty 01Qv,ded that Lend" $hal,,prw Goteower <br />Mmbtt Pow IO deny OMh H%MbCW aoeUiytrlg r **Onabe Caul* tnenfw re1Wd to L *nder *interest m the as umet y <br />(g) ReeMwowfam . Lifxtnpaymen t0failsumsser; uredbyth. sDeeoott ,..61LanditShaurequestIfu$es, too aw, weylnfrPeopwtforAndiehunsnonnder <br />thi sDeedof Trustandoilnptsaevod* rsciffgondobledreNnaturedbythiS OffersofTrusttoIoustee Te, uleelMi+ netunreylhep „)s,etlywtlhoulwananlysad <br />o Ilsfllnout dwga b IM pefeon err tiarsons tegaaiy IMhffed (hefero Such person 01 peteuns "it "wall eacnq ut neu,tdatlor, d any <br />th) Am ndddtdno t set. wily fur me paymenlul nee WuM an6.h.rfls Flu.pment and other per Wnal prntxrty 11104 <br />In connection with lee feel ousts, Of imptiommwls located lhtem,in dot faradoe,tllemed tube a part of lie real estate aetutedheleby $halibe — - <br />Subject tea security Interest in favor of thee lendetunderths, Moist NaallndueeonComniefe,*ICode Thiklnelrurmenllha+ ibetiifl $teuetlefaletut.lyApteemenl <br />under Nid Code. and Inc lender WISH have all the eighth and rstnsde$ *$a Secured party utsder said Code in addition to Ihe tights and r*n+ed,e$ t tented undo- <br />and mecoos ed the Lender pursuant to ides Deed of trust <br />(t► Sevolb”. InM IseventHWanypglyunofth, sDeadtitItustc(inhctwAhappbcabielastmismWCiarWm ,ai,Uofofherr,NunenforceabNSucn <br />confMCloMval. dityShell001m1Mctthe otherprosoptionsfAthisCOWt itTtoitt> tIMNWewhi thi.anbeg, venef fhlw, Ihoutthe cu nfl.clingproviliunandlothot I , <br />end Ihe provisions of Nne Deed of Trull end the Nude ore decweti to t» /e.erable <br />sonotwt help we oW Hits Deed 917 full the dale wfa11M abuts 9 <br />(Sandra S. Burris) ilo,rf..�t <br />J <br />