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<br /> �'� , -- � 1�-18-1998 DEED/ O�F TE�US►T �G�� ;���`�o i; PaY4$4 'w � ,_n_'
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<br /> �� , cp�.�pg�s.and altom9y�'tees iRCUrted by Trtatee a lsndat in eonnectlon wvitb the conderta�aEOa ` r ;:
<br /> t1 Letld9t Itl wAdnQ.etld Tn�Dr shel!promptty telt0 SuM `"d r�. :-
<br /> --,: • ' • - �tSa U enf►D�8�9 In condemnatton ts 6ted.Trtatar st�U Proc�DgY �N .
<br /> - ' •� ., as may be eeoesserY to defend tf�aetlon and�1sin ttie award. Tnistor may be Uis nnminal Paryl in such Or�eeding,but LenQ�r shafl f, ,-.. . ^ ::
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<br /> "�i s, ' ` 'r ''.� ' 8�ntltte0 to Der6dP�in the D��ng and to be teD�seMed in the V��9 bY eounse!ot its own ehoice.and Trustar wiD Q�Uver or `-;. .. .`:",..;.. .
<br /> r ��•� - � '� ceuse t�be QeUVered to Lertder such hu7umerds as may be�eqei�ted bY it hom tune to dme to permll such�atlaa �:,z ,.. ,_
<br /> -f'; � �-`# 111SPOSiTlOA1 OF TAXES.FEES AND CNMGES 61f t#dV�i4d�tiT�l1.AUTHOiilT[ES- �e MDOVrb�9 D m v t��ans retaun 9 to gavemrt�r�!im�es. • � r : .,
<br /> � a' teas 8nd e�st$es et9 e paA a!this Oeed of 7rt�sk � �--
<br /> in adEltloo to tNS Oeed of Trust end tatce 'i� `
<br /> �'`' � .y ° Qur8t1l Ya�oas„ieee and Chergea ttJon requ8st bY�de�.Tttestot shfl0�t9 Stuh daaane�ls '-y
<br /> r Trtbtor shell reiAtburse LenQe►for 80
<br /> whatever aMer aedan ts re4t�sted tiy Lender to pmfed and co�dinue Lenders Ilen on tAe Real ProDeM•Uds Deed o#Tnis1.Indu�ng wRhout s �-� ; "
<br /> - ' ' rt,<�-�-�� Eaxes.es desrlibed below.together wAh aU e�enses irswrtea 1n ree��9�De���9 or eot�Hnutn9 � '-. _ � .�.. �
<br /> :>=�-�'-;r-L•` tl�t9 088d of Tt1u1. ,� .
<br /> � � Qm�SOn aD�.tees.dxumer�rf►s�.and other ehaBes tar reCar�n9 at reg�t���9 tl ta ;•_a.:.
<br /> � �? ; �x on thfs type of Deed of Trust�upon a9 or eaY �"'"�:::�_ '.
<br /> . ti •1 Tm�e. TAa foQowinB 5i�a0 Cot�ktta�aBS to wbkA Ws�ePA�t�8on T�vfiicd Ttt�star Is authwized m re4�Ued to deQuct trom < •_,< ,�
<br /> � k %> ` , ` p8R Ot th9 tndebt8dne5s sedttHd by tlds DBed ot TruSk N�e� ns!Uee Lender� : .
<br /> �3 pay�on t�e tnQebtedttass secureA bY�Ls type ot Deed ot Ttus$ (c)a te�c on tNs tYPe af QeeA of Tn�t�a� - -
<br /> _ ,�. ; tl�e ho1d�af ths Ncte:end (�e sPe�fle t�c an elt ar e�Y P�6oa of fhe indebtadness�on paY�rds of Prine�al and tntarest maCe by i c _,-
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<br /> � . ' !�.. 51�tent T�oes. tf anY tnx W whieh tt�s sectlon epp�is enaded subse4ue�to ihe date ot this Deed of TNSt.this everd shalf have the M•. ` .`_, `M1
<br /> �{ : ` � �, .- sgmg eHeCt as an Everd af Detauit(as defined betow).and Lender may exerdse anY or ell of its ava�ahie remedies for an Eve�af Defauit as ;-c `:-
<br /> ��,' ,: �: provtded betow unt�s T n u t or e i t Aer (a)P a Y s the tmc before ft becomes de4nquent.ar lb)contests the tex as provided above(n theTaxes and :_.
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<br /> k `� 4 _ =` ttens SBeUOn ar�d deposils with Lender casti�a sufftcieni caporate stueh bond or other setuAtl►s�tory to Lender. .- ��?.,;_
<br /> ��i , ;` SECURITY AGREEIIHEM:FlHANpNO STATEeAB�TS. The following provistons reteUng to ft�is Deed of Trust as e seaiafyl a9reeme�t era a part ot ,�^r : ^
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<br /> this Oead of 7rusk �. , :.�=
<br />�`° �.t . • - ' 'f 8euu(t�i A�me�L This insWmeM shail constittute a securilyr a9reement to the eulerd anll ot ihe P ro AertY w�PoQ�ues m otl�er _
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<br />;='��e personal properlY.and Lender shaii have aU ot Ura Aghts of a secured party under Me UNforcn Commerelel CoQe as emended irom tlme to `:���i.f�., ;.;�� ..
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<br /> ' � geWrity ry�teresf. Upon requast by Lender,Tnstor sha0 e�oeade flnanGng stafements and ieko whataver other e�ton Is requ�ed by Lender a
<br /> �3 ' ' � ;:;; to pertea and wr�9nue Lenders seeudlY ir�resl in the Rents and Persanai Properly. In additlon to recardtng tl�s Qeed of Tnisi in the raa! " c
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<br /> �1:. . properly reeords.Lertd�may.at anY Ume artd withoutfurther authorimSonfrom Tn�stor.ftte mcacuted caunterparls.copi�or reproQuctfons of '�,;+C'i
<br /> }�: �� thts Oeed of Tn�t as a flnandng statemerA. Trustor sha11 reimburse Lender ior all e�enses incurted in pmfectln9 or cuNinuing Ws secu�ty► :i + f�,,
<br />-"--�� � .. 4 . intetest. UPcn deia�d�Trustor sfiall assemble the Personal P�oDe�Y in a manner an0 at a piat:e reasonahN conventer�to T�ustor and Lende► .
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<br /> �� r� � ,� �� �. and make 8 avanable to Lender vdthin three(3)daYs after reeei�!of wr(tten demand from Lender. u �.
<br /> � r . .. J padtgggee, Ttie maipng addresses ol Trustor(debtor)and Lender(secuced party),from which irttormaUon conceming tt�e sec�l���►te� y �F _*n;
<br /> ��, .' . �. ° grant9d by tl�ts Oeed W Trust may be obtained(each as reqWred lsy the Un(form Commert�el Code).are as stated on the fust paSa of tfiis Osed -: ;,ti-
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<br /> `�:' Of Ttus/. � � .��.',.�'�'!;•:.
<br />'#;e• . . to turlher assuranoes and attomey-in-lad are a paR of this ���' �u�"'`';�i`,
<br />,�, � ' � . -:`.�; FURTi�i ASSURAPtCESi AITOiiNEY-tN.FAC7. The bAowing provisio�relaUn9 r�.`.•:::;u��.�:
<br /> � _ � CeedofTNSt. �::�:,:.�::':sy.°_..
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<br /> ..._. , :,�. Fut(rye�qgsutgnees. At arry dme.and bom Ume to Ume,upon request of Lender.Tnistor w1i1 ma.ke.execute and deltver.or wiU cause W be .. .s�
<br />''��� " � maQe�executed or de�vered.to Lender or to Lender's designee,and wtien requested by Lender.cause to b0 fited.recorded,refited,u� . �sf: •'•I
<br /> �.�., y r d and eli such mort9aBes. ` �.�, .
<br /> a , ' �: rerecorde0.as the case may be.a t suc b t i m e s�flaa d n9 statemants,cor�inuaUondesffitemerds.Instrume otfuAher assiaaece.o e r�f t c e t�. �"�:���=
<br /> g i�� , � � de0ds of bt�si.secur(tY Qeeds.seCUrih egream
<br /> ;Y.t,; , a n d a t h e r d o e u m e r d s e s m a y.i n t h e s o t e o pinion of lender.be necessary or desirabte in order to etfectuate.comPtete.Per(ec�.eon9nue,°r -�'"�
<br /> ,t ' , preserve (a)the obtig&tlons of Trusiar under the Note,this DeeA of Tnisf,en d t he R e l a t a d D o c u m e�s.e n d (b)t h e O e t�a n d s e c u N Y i t t l e r e s f s �` .:
<br /> ;�;,�:� . ;, p e a t e 0 b y t h i s R e e d of Trw!on the Property.whether naw owned or hereafter acquired by Trustor. UNeSS ptOflallted by 18W 0�8$teed!0 the `r �j�'! '
<br />..�;�,:_i . contrary by Lender In writing.Trustor shall relmburse L en der fa a l l c o s t s a n d e x p e n s e s t n c�r r e d i n c a n n e d i o n w tt h t h e matters ceferred W in ` - :,:,#:,
<br /> , , � . m����h• h Lender may do so for and tn 1he name of ' ,.,Y''�_
<br /> � .`
<br /> �,�::- . � Attomey�n-Fap. It Trwtor faits to Oo any W t he t h ings re fe rt e d t o i n t h e pracedin g p a r a g rap . .
<br /> ?`;�•: '" Ttustor 8nd et Trustors expense• Fa such DurPoses.Trustot hereby irrevocabty appoinfs lsnder as Trustors adomey-lMact for the O�P� + :�:.�.�--
<br /> �"•��`� . of making,execuUng,aelivedng,fiung,recording.and doing att other things es maY be necessary or desirable,in lenders sole opiNon,to ' .;:r..';,,��.
<br /> ' ;°•.�. ' '. aa:umpOSh the matters refened to In the precedin9 C�S�P� _' -�'��'
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<br /> � -� ; •� '� FlA1 pERFpRMAt�CE. tt Tnestm pays e0 the tndebtedness when due,and otherwise Pe+forms aU the obligaUons ImpaseC upon Trusta under this �.�
<br /> :� Oeed of Tru51,Lender she0 eocecu�e and deUver to Tn�tee e request tor tuii�econveyanw artd shall exeeute anA deltver W Tn�stw sullabte
<br /> '��:�;�. ,; � statemerds of terminaUon at eny fi�ancing statemsrd on file eNdenoing Lenders sec�u�lyr interest U the Rents and ihe Personal Properiy. AnY _ _
<br /> -_` •; . recomleY�tee required bY taw shail be D�d�Y Tnistor.H petmitte4 by apP�cable taw. �. :,'�
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<br /> �:',- . , OEFAI0.T. Each of tAe fo0owing.at ihe opUon of Lender,shaR consUtute an event of Qetault('Eve�o}Oetaull"}under this Deed of Tn� -
<br /> 'r Oe t a u t t o n t n a 0 b t e d n e 8�. F a Oure ot Tnistor to make arry PaYmeM when due on the Indebtedness. •
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<br /> �;;;," '� � '�,� pg}aut{pn pq�er Peymente. Feiture of Tnlstor withln the Ume required by this Deed of Trus1 to make arry payment for texes or insurance.or �
<br /> arry other paymeM necessary lo prevenl f.ung of or to efiect dischar9e ot arry Iien.
<br /> � . - .� � ' Compfianee OBtauN. Failure of Tnuta to compty with any other term,obllgatlon,wvenant or eonditlon confelned In thls Oeed of Trust,the , .
<br /> Note or in any of the Retated Oocuments.
<br /> � � ' � ' - paise Statemonla �!I We►renty,representallon or statemerd made ot tumished to Lendar by ar on behelf of Ttustor under this Oeed ot Tntst. .
<br /> .�,.,,; '� . the fYOte or the Retatod Doeumerrts Is false er misteading tn ariyr material respect.eNher now or at the Ume made or fumished.
<br /> ''� ` • � Oeteotive Coilaterdltetion. This Deed ot Trust or any nf the Fte�eted Oocuments eeases to be In tuit force and eNac1 pnduding taitute of any L
<br /> .�.,�. :� ,..
<br /> �y,.,„., . •-� '•z: collateral documents to aeate e valid and peAected secudry interesl or lien)at any tlme end for any reason.
<br /> `�� ��' �,_ Oeatli or Insofvency. The death of Trustor,the lnsotvency ot Trustor,the appointmerA ot a reoeiver for any part of Trustofs propeAfr�any
<br /> assignmenl tor the benefit ot creddors,any type ot creditor workaN.or ihe commencement of arry proceeNng under any bankruplcY c� .
<br /> �� 'i��� " � Insotvency laws by or egalnst Trustor. However.ihe deeth of any Trustor wlit not be en Event of DefeNt H es e resu8 Of the deeth ot Truslor the '
<br /> �'.:''.'Y� • . ',i Indebtedness is tNly Covered by creQt Iite Insuranee. ��
<br /> -�t;°•�`.; � Foreefosure,Fortetture,eta Commencement ot forectosure or forteiture proceedings,whether by Judlclal proceeding,seH-heip,raposs�s�oo
<br /> ''.� "� � or any other method,by any aedita of Trustor or by any governmentel agency agalnst any of the PropeAy. However,this subseeUon shetl nat . .
<br /> c � appty in the event of a good fa�th d�pute by Trustor as to th0 valid�tli or reasonabtaness of the cieim whloh Is Ihe basis of the faedosure or
<br /> ��.',''' • forefeiture proceeding,providad fhal Trustor gives Lender written nonce of such daim and furnishes resenres or e surety bond tw 1he dalm ,
<br /> '�'.,.y� ' • � . satiStactory to Lender. . • ,
<br />-�, ..:�� , • .
<br /> - Breaeh of Other Agr¢ement.A�y Dreach by Trustor under the terms ol any othe�e9reemeM between Trustor and Lender that i9 not remedled
<br /> ''' '' � within eny grace period provld9d ihereln,InCiuding wNhout limitation any agreement concerning any Indebtedness or other obligaNpn of Ttusto► ,
<br /> .j" i'.i . � • to Lender,wfiether exlsNag now or Iater.
<br />:.��,.•,•:.
<br /> " "• Evente Aitecting Guazantor. any of the preceding events accurs wilh respect to any Guarantor of any of the Indebtedness or any Quarentor �
<br /> .'` �� dies or becomes Incompetent,or revokes or disputes ihe veiidity of,or Iiabiiily under,any Guaranty of the Indebtedness. Lender,et ils option,
<br /> F� .: .
<br /> ;. � � may,but shall not b9 required to,permit�ne Guaran to Ps esl at e to assume unconditlonalty the obligalions arising under the guar8nty in a ` _
<br /> ���":'��� . , � . , manner satisfactory to Lender,and,in doing so.cure the Event M DefaNt. ; � ,
<br /> Y``,� Insetu�iry. Lendet in good faith deems itselt Insecure. �• . ..
<br /> -c..: ., : y . .
<br /> :�;_;:'.�:.. , Fxisllng Indebtednees. A delaull5►+all occ�r under any Existing Indebtedness or under eny instrument on the Property securing any Ex�sting
<br /> a-�,;� . � Intlebtedness.or commenCement of eny suit or other aclion to foreclose any existing Ilen on the Property.
<br /> i:.� � .
<br /> ?�`�� �� Rigt�t to Cure. If sucn a fa��ure is curabla and it Trustor has not been given a natice of a breach of the same provision of this�eed o}Tnut
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