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<br /> 14.l�1DEEt 8 ti[tiHT TO COMMB�iCE OA D�iD l6LiAL ACIIOHB� t�anmr sha116m�atel5►P� the�. Lsnder shat!nat be�to -.� `
<br /> .. �'"Y�� � 4: �`.t thre�d.aGian.suit.ar oU�ar proaee�ng affadin8 the Pro�rty or seffie arry daim ar mnuroversY 9 c e s w'tl n g t h e t e t r a rt i 9 � •
<br /> E e f e n d s u d�e c t t o n 9.m d b.c r a t h e r t e g a l a n d to m rt p ro rt i s e m��� .�
<br /> .-. t. .r . � ��� desaB�ed � in this
<br /> aedon.errar,rtisssim.ortdsstan or pe F "
<br /> �'�.;.�_� ., ,':`� �:•,E �t�ar�ain wUl Preverit Lender hom taMn6 She ons in ita own�rre. �-. :. .. ..
<br /> `- . ,•,�- r - bt tha pertarmanoa of�ot Grantors offitga'lons w�h�spe�t to the PraperN�dsr .` ��
<br /> .�`'`.?,:`. '.. ::' 12 INlD@A14RCAitOAL Lender shs➢rtatassurne or b e�e e ca��s ot ar�on.ac�an.a.s�its and
<br /> s%~~ . : .... , erry d[�au�st�►aes. Cuanta►s�D irtrrl8�atety Ptov�4ertder wdh vnitten notice of�d indartn ty and hatd Lertder and its no i d e r s.d i t e c m r s.o f fi o e r s. .l
<br /> � �� � -� �d egents t�fass itom ag datms.d�age�.li�(lides M�9���t�s and lagat �ns�1. N1a�ials)• Qramor.upon ,'f� ;` .-
<br /> �_.7, .' �, .. �<� ' �' ��� CIa1t�De�Bto ttt0 ProDeRN pn�9.f�not Brrited ta those inudvin9 Ff�r�and mher aosts inaared in ..,-.;�• _. �y.�.
<br /> � � � � otlier�ega1�ao�8�t�II'ulaUv°Iy�
<br /> ; � the request a f L e t t d e r.c h a 0 t d r e t e g a l a o�m s e i t o defend landsr b�n such Ctalms.and PaY�t��n d s��a t f 3 r d n t ors mst Qrm�tot's � +
<br /> ` -- `�� aau'edlon tt�srewlth- M tlts a t t e m�v e.L e rt d at shail ba entiitled to e r r�o y�,retea �faredosure of this O e e d o f Tnis� '� —
<br /> �- n �to Utdertnily Len�s un�riNs parA�aph�aU surv[ve the t e m�i n a t l a n — -
<br /> � ' 1�. to Pmpenl►when�s and h�rsr�eN Provlde Len�r e v t d e nce 1 .
<br /> � z C�rantor�ta@ Pay a8 taxes and ass�essnerns�etatln8 � . .
<br /> ":.r�*K'; : ta TdXE9 AND AS8ESSM� af!wflh Le[ider each rtisnth oneiwetftt► 1/12)of ihe eSflr�ed aM����OO
<br /> o} of sarte. Upon th�r�quest af Lender.Cirar�m*shall�pO der � to the m of taxes. �:, ,s
<br /> .. ;<- ; �tffies and a�0�� So lon9 as Oiere ls no deTautf.these amomqs t�a applted � 4'�
<br /> I ��' .�..'�S< `.�� .'.� �s a t�f n a u a�►e e a s r e�l t e d o n P r o P e n Y. ���evara of defauil.Len�s sha11 trnre the d�a,at ita sote optlon.w applY the dg so held to :., ,:_.,�:__.
<br /> tunffi�e d enay.a t L�t�s a p�.M��T e v e r s e o r d e r o f in e a u e d az e m e r e o r. r•. :F-.
<br /> {�: - � r� p�y�yt�aragainsl9reO�t�s. Nry d�sq thePrapenY `,:`: �s_
<br /> ' �� ' 10.QYSP�7ldS1 OF PRQPERTV.BQO!(S►R�EtOS AND EtEPORT8.t3rarrtor���t�Wr�a�m�C�iraemor�shall�Provide mry a�oe ` <.
<br /> � , _ . .` �e��end maka oopt�ot Qrdntars booi�and�P��s �' R:
<br /> ��' py l8nder far tltese ptitDcsea M cf tl�a�and Wotrr�ma�eorbained in Qrarrto�s books arul remrds sfm9 to P�aPertY• A�Y.
<br /> ��. �• � at I.endere banefidal t�erest m ns boot�ana te��Pe��B
<br /> � �,_ _ oortptele fn s U� cirantor shall ncte ths cirarttors 6nancta!cond�ian cr the Praae�►Sr��
<br /> ; titantw sha0 rePon.in a tatm sadsia�ory to Lsndar.such Udomgtlon as Lendsrrtay��9 . . .i '�'�..
<br /> h : - - intomallon�1 e�e ror�n P�•shall re�aex eira�nors�aoor�at surh uma.artd sr��l b��a st�a�eyr�'Ci��m►�gde��!�de� - . . -�
<br /> N,: �,: � � (�r►t�rto Lender stiaD be true.aoauar�ana oorr�e��n an�asve�s.
<br /> _ `<- °� hdoma1tanUu�a� 01r t � -
<br /> ���r . < ., after enY reques�bll LertdeG G�'�►s��tiver w ls�r.or�yr hitended vansferee ot lendets `, •
<br /> - �;..�. � ';°� ta ESTOPP9.CEiiT(RCATF�1Afihin te�(1�)�ys��s�tem spedf�rftrtg(a)U�e autstan�n9 halartoe on the O�iis�ons:end(b}wtiether 4 . .._"` .:
<br /> <. ��,�g��sped to rt�ObliBa�ns.a st�d w�,a atio�ona�.n so.me�ot suen em�ns.aer�es.see-ons ar f _
<br /> �. � z;. C4arR�possesses arry rlairt�s.detensas.sel�atfs or cowDerda�ms tvith respea
<br /> ��', GranLor�crA1 he aondustveN bound bq eoY reA��°n�Lender maY mafaa to U►e 6itended transteree with�esD�to 8�ese rt�tte�s in .` ;'
<br /> �'�-. . �; ��' s�ert�ent in atimsty manner. ` • "�
<br /> . • . , : dieevetitthffiCirartlotfaIIstoprovlds1het� .r �.-:- +;
<br /> �5 , ti :� shall beoo�cAera�ve in fie svent 8�at Grarrt�.Bamower or .' �,. °
<br /> �' . . `'.:�; 1 8. C C fAULT.Ciranmr�all be h►dafautl under tlUs Oeed ot Tnmt ar�d Uie Tnistee s power , -:°•r
<br /> 1 " of the OEligatiatts: ` �,
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<br /> t:• `x`�.;;,� �(a)�faA.s�to pall�Y�9�an to Lender when�8: ' ;'
<br /> r � • �:..:-�:;;�° N3 �to perform anY O�n a bread�es anY wartanty a►cavenm�t w Lende�comained tn Uas Deed ot Trust or arry other prasent w fimue ., 3
<br /> "' 8�� in rreteda!resP�cct or s�fijects tAe PropaAy to sehure.oo�an.or oondertr�tion: �..,T
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<br /> ,,��.``. '' . . ���. (�)d�Uays.lases or dart�sihe ProPenY �Y ��r �h�saivenl.makes an assignm9rtl fot ttie benefit at asdtars.faBs to pay ,� ,-
<br /> a�,�� t .�.- (d)seet�m revolaa.tertNnate or athetwise���ll� . ��;;
<br /> ,�, .. �* � .: (e? �ss.beoortes leBaQy �°�� �r4�e tedecal hazda�tcY Iaws.has an Unrodmtary OatNlon in bar�¢ttgr Gted in wN�Ci�rantor.Bortowar
<br /> � ; ,�:: �6ts as tt[eY beoo��e.fQes a petition t�wn undar a�►lr�1�P��otoo�ak `�
<br /> �-� ' :: , orarry�anror ts naned.or has proP� a use ot whld�.is Regai: -'- ,
<br /> i:: .: �p a�aws goods m be use4 tr�nspOrted ar s[ared on tna Pmpeity►.the possessian.tre�sRor�lan. ' ~
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<br /> :. '�rk•.;: . • :F •'- (9)aAcwa erq►D�lI or(f Lander,in gaod Mai�►.fo►acryi raason.4�ai�s .
<br /> ofier than(irantor or 8orrower to ass�me ar undenakg em►ObQBatlon withcut the wrirten cansem ot lender,or tt
<br /> ' � . ` m�causes Lendsr to�am itseif tnsectue due to a stgniflcent deeUne In the value ot ihe PtoP@nY: ' 'i;`
<br /> " ::a;�.�, _ � ' , �at the�af paNnerA ar peAort�oO Is irtyaired . `��
<br /> �.-:',�,.•_.' . ' J.'._.' ,7 . r-.'.'--f�,�,:.
<br /> �t�z�:: 17. Riti�iYB OF L@IO�Ei ON OEFAULT. It tAa[e is a dstault under thts Deed ot Tnu1.Len�r shall 6a en6tled to e�rdse one or mnre of ffie toBowtng . .
<br /> •.�. �,;�. , . . reme�es wilhout nodaa ar demand(exespt as�equtred bY���in fuD• `',Y.,.
<br /> .`;'i=;., � (a�to dedare 9�e OhagaUons imrrs�atsly�e and paya6le ,
<br /> °,.� , (b)to oo�a�he aufsfan�ng Obtiga�ons wid�arw�nut rer.ardng ro N�cta1 Prooess: or chattets oans�wung Ure Properry ffi a Ptaae��h'
<br /> ..hi�°,::: �- (c) to�l��o►to dellver and make anraQabte to Lender anY Pe►sanal C�OPe�h • --
<br /> � � ' • � � c a m�e n i e m t a O r a n t o r a rt d l a r�d e r, ot Ute ProDE*�U w0houf apprydn9 t o r or o b t a fi 1 n8 t h e a p p o i n b*e m o f a r a a e t v e r a n d a t l e n d e r s o p t t on.to :
<br /> A , _ . (� to enter uPcn and take D��� s�tory oon�tians tegar�Sn9 . L
<br /> ;.o�? ,;r. � a p p a6tt a reoetver wlthatl bond.wiDicut fttst brin91n9 sult an ihe ODtiB�lons and�ri0�ou1 otherwise maeUnB anY ..
<br /> • .�:� ;•. ; . .�� �eoeivere.it beirtg irrtanded thal Lendar sha�have tlJs contraawa)r l�t to appo i m a r e o e N e r. .
<br /> _ . . .��.`7.�s' (e)to eaptoY a nena8M9�ot 9�e ProDe�►tY and tet tl►e sat�.either In Tn�stee'a own nart�.(n the rratre ot L�nd�r or��°an�aaoo�mt of - . -
<br /> -i;��:�;� • : ' �� _ :�.
<br /> �hrs�he wrns,inaomss.Issuea end Profrts otU�e ProPenY��Y ihe sarte.efter PaYrtem of aG news.sa�Y d�a►�s
<br /> ...�; �, ' • �. ': 1h00bUg�tans: -
<br /> _-�'''�'.•. �In any fotm or tranner daemad e�em bY Lertdar to Drotep U�securl�Y of thls Deed ol Ttuwt or to aue any defa�dt othar�an
<br />_ '��'.:,. ; ; �; l�I�PaY�f►
<br /> • �`� •;. of Urterest or ptndpal an ihe CbRgattons: e�mrdse oithe power at sate as reteteneed in
<br /> �m or nonjudtdaUyr and to dred tt�ea6a ot the ProDenY�u� '� �y .
<br /> ` �":';� ' '. (g1 to totedasa thts Oeed o1 T�ust�c�altY .
<br /> :;�� ; , i p a r a�e i p n 2o neeaot in aooeordanee wt9+ava��eaae taw: .
<br /> (h)to setoN Qrantata ObOB�OM egalnsl�Y�O�otere d C i r a n tar b Y L e n d e r indu�n g.bW nat Gmtted to.monIes.insD'uments.and deposil
<br /> ; � t,.�` •
<br /> �.:� ..: . aaaaurRs maintafned wilh Len�r or airy artartt►Y e�dstin9 or hiture aft�late ol�der.erM �� •
<br /> _{.' .;'�� �•.. p)w exerdse aD atAer rl�ts aYallaLte to Lenefet undar arry other tiv�itten a�ee � . . o ,' ".
<br /> .-:.g:;..... ' .. .. lendeta ds�ts are eutrutadve and maY be exerelsed tagsther.seFa►ately.and in arry order. In tf�euerrt that Lendar instihh�s an aWon seekng�0 . .
<br /> ' reeovery c�a�f►of the PraPenf► r+aY ot a PreN�M re�In an aation agalnst(irantor.Cirantor waives the posting ot arry bond whf�rttgM
<br /> �.����,:�:� ' lender ar ndera desl�ee maYpurehass thg PraPer►Y-at�y sate. Prooeeds of arry TmstAea Fa:e hereunder shaU be applled
<br /> by a:e
<br /> '•F•.,;. � . oUtan�fse be requl�ed. Le paynte
<br /> __ . firEt.to the eosls and e�ertses ot exerdslng the paxer oi sale ar�d of the saie.�o the Obtl9atlons soared hareby.tAi�the payrt�rA ot iurda
<br /> • �• ;:. , exaeed the artoum vfitcfi may be proNded(or in this Coed of Ttust.secortd.to payme ar theroo3 ma .
<br /> �',�'�. . .. . trus�dsads.mortgagas.or ather IieM'��ner or order as I.ender In i1s so eel ��saed�rtay elect�,and�one or more axorcis�es�ot U�fl�e�horein�ant� ;
<br /> : +. . be sold In ong parael.ot in sueh pareo . �s so!d or the o�igaflons are Paid in tull.
<br /> .i `�:''', . � st►afl nat extln�uish or exhaust the power untass tRe entire proDeM� -
<br /> ., tg, ?pUgTEE'8 EXERCtBE QF PdINER GP BALE��10EFAULT: N lender electa t�seU C{rantols i►rterest in the Propany bY exordso ot tha poxrer of • .
<br /> • ,' : � '.: Sa1e herein wrrtalnad.LenQer shaU notiN Tn�stee in the manner thon ra�ired bY law• ' .
<br /> ._ i:, •. . . � .
<br /> a�-. � , . : �. .� Uppn mcelpt of such noUce ot lander end at the cfuoction ot Lendet.Trustea shaU cause to be►ecor�d.Wb�1�1�e��d del'nr�red sud�natlws o1 d9tautl
<br /> .s•.: � " •{ law and by iNs Deed of Trwt Trusteo diall.ortty at tho dteetlon o1 Lendor andwlthout�irtand On ararrtat. i
<br /> <. ' . . and noUoe9 01 sato ss rray then be requlred bY .
<br /> � � atter sud�Uma as nal►then b°re�ted by law°nd aiter recordaUOn of sud�noue of def8utl and atmr notice of sale Aaving been�van as roqWred bY law. i
<br /> � � seU the Property at the timo a�d piaoe of sala fixed Dy it m sucJ�nolioa o1 sate,e�thar as whola or in separatfl bts or paroals or iterr�s as Londa�'shaD+��mf ,
<br /> ,�'�: ,�.
<br /> •�: ..� • expe�ont,and in sueh order as fl may detemtno.at pubi�e auetlon to tha N�est bidder frn cash in Iawivl rtonoy of the Untted States payaCt ; �
<br /> ._, �,.. . � satv.or es atRerwlse►reY U�en be raquuad by►a�¢ Trustee shall delivor to such purchaser o►Fs,rchasers thoreof its�od and sutf:dertt deed or cieeda
<br /> i
<br /> :�';.°, ' ; comreying the proDe►tY so sotd dtf wfthaut arty covanam or war►anry.expross or irtpiied Tha rodtals in such deed ot se at suGh salo�eo maY
<br /> - canduslvo prool o}ths finhtuiness thereof Any person.indu�ng.wiMou1 lirt�on,Rrantor.Trustee or Lender,may pureha �•
<br /> � � in tJ�9 mannar provtdod by�aw Pcstpone aato ot atl or any poRian oT the Proporty 4�
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<br /> t8� RE�11E8T FOA Hdi10ES: Grantor requests that a oopy ot any notice of delauit and a copy ot any notieo ot sale herouader bo maited to each parsa� f �
<br /> -'� ��.�,y': � � � � tson set forth harom at the aarrio bmo and�n the sa�a�+ner required as though a soparate ro�os1 ihereof _ _
<br /> ;��.� . � ' who is a paAy hereto at thu addross of weh{w �
<br /> ��'' '' ..I had been fited b/oaeh such Oo►son . .
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