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<br /> - ot-o��ss� D�ED O�TRUST 9� � .., ;�z;:
<br />-_-�t.�� :` - :�' �oan t�o 86�338 (Co�inue� ��.�`:t,
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<br /> � . . , , ' .. �A. ��
<br /> - - ;y F a t�c on a0 or airy p�Uon ai tt►e Indebtedness or on payrnents of pdndpal and tnterest made by <
<br /> —.{�: f.�. ` ' f� the ho[der of the No1�end (dl spedfte � ' �
<br /> -.r:�_�•5 , ` •ti _,.:;,, _�_ Trl�tOr. ' , ;, . .
<br /> `_t o ,`t. gu�eqttP.n4 Ttacee. If any 18x to whieh fhis sectlon eOPU�Is en4ded s�sDSeWer�t to the deda at Uds Osea of Tnat.tlJs everd shall Aava the �� �' �
<br /> ac
<br /> . • `'`'• y same eftect es an EveN ot Oetautt(as deftned betow�,end len�may�rcise anll ot aU of Ib ava�bte remsCtas tor an Eve�ot Oetatdt as r •;
<br /> _.� ^ . .. �'� prpvlded below uNeSS Tnestor etth� (a1 Pa71$the te�c betore it becomes QeOnqueal.or (b)CorKesb the tax as Provtde0 above in Ihe Taxes and , , -:S;
<br /> �_�z _,.��; .._.�•
<br /> o:,� . ',- :� Ue�secHon 8nd dePosits wfth Lender c8sh�a sutfrdent eorpqa�suretY bond or other s�ufi��da*Y to Lendar. � c 4:; �`
<br /> ;"�? " a' : �{ry AGREQaQ1Ti fl{�1ANCfFlO STATEME4R8. The toitoHring Drovtslans�etaUng to this D�e d of Trust as e se c u i i t Y e9r�mertt ere a part of �,.:'r.c,. ' o:
<br /> � h� 1h�Daed cf Tn�sf.
<br /> � ,.y �] Secttc{!y pgreemertL 7Ais ir�strument shail constitute a s�u�itS�agreertsenf to the eodenl enY of the Prop�tY��dtires ot othe► _
<br /> ' �;--~"r � Personal proDeriY.and Lender shefl have eti oi the r19MS ot a sedued PBRY under the UnHartn Cortfinerctel Code as amended trom tlme to ` •
<br /> 'c ''�° tlma ~
<br /> ��:��.'` : . ' take whatever ath�r adion�requ�sted by Lender �``� `. r--"
<br /> :3 :`;` �.°_ . - geCUrtty Interest. Upon request by Leader.Trtutor she0�cecute ftnanda9 stetemerds and . .. �
<br /> `.- `' to perfed end cominue Lenders secw(tY��ter�in the Rerds and Personal ProDeM. In adduon to recor�in0 thts Desd of 7rust in the�al ��
<br /> r,` ?� prcper(y records,Lender may.at arry 8me and without tuMer aufhortffian trom Tnutor.fite e�ded cou+�EerDertg.eaPles or reProductlor�s ot ` :` S
<br />-�- , thts Deed ot Tnaf as a NnartcM9 s�msnt Tn�stor sttaD retmburse Lender tor eU e�enses incwed In p�adtng or cortdn�ing tlda see�uKyr •: •
<br /> •,::�. 4` ini�L Upon deiauit,Trustor shafl asSemble the Parsanal PropertY in e manr�er and at e ptace reasanabty conveNant to Trustor and LenQer <<;.�, ,......
<br /> _ �°• . ` - artd make ft availebte to Lertdsr wNhtn thre9(�days after�t of wrHOan demand from Lender. •r s,_.-•;�"
<br /> �" :•���.. .
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<br /> � � a Addtesses. The ma6ng addresses of Tnutor(debtm)end Lender(seeured Ce�Y?.irom wNCh InTOmiatton conceming the secu�try�� ,.
<br /> � �- �anted by this Ceed o}Trusl may 6e obt�ned(each es requ3red by the UnF�orm Commemlal Cade).ere as statad on ttie f�rst page ot this Oeed Y s ,-
<br /> `� ` of Tn�t. � ,•�`
<br /> ,�i: • t�-faCt et9 8 pett Of thb ;�,�-:'
<br /> d� FURTl�ii ASSUAAl1tCE.S:A7TOHYdEY�N-FACT. The fouowtng pmvisions�etat►n9 to WMer assurances and ettamey-�
<br /> � s ,
<br /> T'�' f f: Oeed of TruSt. "Y
<br /> u �r' '� Further Ass�rm�ces- At arry tlrtze.and trom tlme to 6me.Won reriu�t o!LenQ�.Tnesta�meke.execute and deQver.or xrm cause to be a :, �
<br /> m
<br /> `,�a��-�. , mada�¢xecuted a de6vered.to lend�ar to Lenders Qsstgnea.anA when requestetl by 18nder.cause to he filed.�ecorded.rrefifite0.m , ` . .�
<br /> �- � : ..�• ':;:,; rese�uorQe0.as trie case maY be.at such tlmes and In such aflioes and plac�as I.ender may A�em aPPropdate.anY an6 e9 sueh mortgaSes. . ..=` �1
<br /> �" ..��, Oeeds of trusf,seciuilY deeds.secu�ty aSreements.flrtaridR9 s�mer�.eo�itnuaflon s�teme�ds.instrumeMs of turther ass�uanee.owtlRc�s, _ _ _ ,
<br />-�-_�,�y,�.' . - .1,z .�.
<br /> " '. �. -{ ,- and other dacumer�as may.in the sote oDinlon of LenCer.be nece�ary or QeshBbie tn order to eifectuate.cort►p1eG9.Oerfad.co�nue.or _.._ •.;5 •
<br /> �• ` pr�erve (a)qie obpga6pns of Tnstor undet the Note.this Oeed ot TnBi,a n d t h e R e i a f e d D a c ume r d s,artd (b)the Oens and secuAtY tnter�ia ._ � , ;�;.•
<br /> .r ' � ��� areated by this Deed of Tnis1 as fl+st and p�tm Oens on the PropedY.whethar now owned a hereafter acquired by Tn�sWr. Untes.s prohibRed Dy :•,:,;;:�;..:�;:
<br /> '' ' ' ; Iaw or agreed W the conlrarY bY�endet in wriUru3.Tn�stor sha0 re�mburse Lender for all costs and e�enses inciured in connecQon w@h the �:�.
<br /> '� matters refsrted to in thls patagraph• ` �<
<br /> ti .� : -S�' �;
<br /> �� � ,�, Attameyan-Faci. H TnisWr faits to do arry of the thir�reterted to k�the precedfn9 Dara�ePh,Lender may do so t�e a d i�t h e n a m s o � � k.
<br /> -���' . _. Tnutor 8nd Bt TrusLars�ense. For SuCA purpose5.Tntsto�hetebY hr0voC8btfl ePPoirtts Lender 82 Tntstors attomey-it�fad for the P�P� .
<br /> ��i• ot making,execudng.detivedn9.��9.��^8•end doing ail other things as may be necessery or desirable,in Lenders soie opiNcn,to �
<br /> - �I:; r . - �omD�h the maKers referted to in the P���9 D�� �
<br /> r��� '�� FULL PERFORMAt�iCE. If T�tor pays all the MQebtedness vjrhen due.and oth9nvl,e Performs eli itte obifgations Imposed uDon Tntstot under thls � �� ":
<br /> ��`•i � � �' Ceed of Tnni, L.er�tler shail execute an0 delivet W Twtee a requ�1 lor tull recorneYan�e and shaA e�oecute and Qeuver to Tnstor su(tabte .�
<br /> �°'L � sffitements o!termtnatlon of eny flaandng statemenf on Re evtdendng Lenders secuAhl 1�eresl in the Re�ris and tAe Personei Propetly►. A�ll .
<br />,- ti �f'.� . .
<br /> '�..,;3, • teCOnveyBnce fee teqUhed by laW Shali be patd by TrustOC.(t petmftted bY BDP�cebie IaW. , w�` :`
<br /> :�«�.. , - : •.i�';i
<br /> `�F;�_` , ' OEFAlaT.Each ot the faDOwing,et the opUon of Lender,shaU eonstitute an event of detauit('fvent of OetaulC�under this Deed of Tnu�
<br /> �- ' - whenduaonlhelndebteQness. �
<br /> ,< � OepsWt on lndebtednesa Faiture of Tnistar to make airy Payment ` -
<br /> . r� -,.
<br /> �.,�;;. .. , . , nt for taxes ar insutance.or ,�
<br /> -T 3"�.,.. .:,�; DBtduti on Other Peymenta Fef►ure of Ttustor w[fhin the 4me requhed by th�Oesd ot Trust to make anY p8yme .._y,:.
<br /> .. r • arry other paymeM neoessery to prevent filing of or to eNecl dtscharge of arry lien. �:
<br /> � :� ' ' Qetault In Favor ot TA1rA Pattfes. Shoutd Borrower ar ar►yr Tnistor default under aml tmn,exte�ton of credit,secuAty a9reemenl.purchase cr
<br /> .,,^ :.r . •
<br /> �r:::�; • . ' ., Bs�e�eor Sny TnRtot's ab((ity�o repay the Y�Losns or peAartn�rygddoesDeCtfve ob igstl ns under tf�ils Oeed of Trus eor eny of tOh9 R�4 ..�_
<br /> ¢; ', . �� DOCUrtIetliS.
<br /> � {.. •., • ���• Compitanc0 Defauit. Faifwe of Trustor to compiy with any other tertn.obiigaUOn,cavenartit or cond�tlon contained In this Deed o}Tn�st,the r " �
<br /> k 3:� ; ' • . : Note or in arry o f the Related Qocuments.
<br /> f ��•�, , . , ,.
<br /> Fa1se Statementa. MY war►antY.re0�esentadon or statement madA a tumtst►ed to Lender by a on behatt ct Trustor under Ws�eed of Tnul, ti.
<br /> ,;.I `'� the Note or the Retate0 Documenb is tatse or mistaading tn anyr matedel resped.e�ther now or af fhe Om0 made or tunUShea.
<br /> Tr;.;:,� . ; p�leep�e Cotlatera(Imtion. Thts Deed ot Trust or any of the Retated OaeumeMs oeesag to Aa In tM forw end efteel pnduding fafiue ot amr '
<br /> coilaterai daruments lo ueate a vaiid and pertected secudty IMerest or uen)at anY 9me and tor any reason. ��..,'; �
<br /> me
<br /> .�'��;�s. � :.�. oeatn or tnsolveney. 7he death o}Trustor or the dl55otWon or termineflon of Tntstors e�stence as a gotng busine5s.the InsolvOnCY ot � :
<br /> ' ne
<br /> =t. ;.°. � � Trustor,the appolntment of a reeeiver tor any part ot Tn�stors properly,eml ass�gnme►n for the benefif of creQitors,any type of creditor woAcoN. , :7.;
<br /> `���"'�-:3>" ,'� or the commencemeM ot arry prot�eeding unQet eny bankroptcy or insotve�aY Iavus bY or egalnst Trustot. _ •
<br /> 4.: ��-,, , ...
<br /> '�'i;:_•, . � porectosttre,FoAetlure.etc. Commencemenl ot torectosure or torfefture proceedinga.whether by ju0iciat praceeding,setf-fietp,repossess�on
<br /> � ��'`•�.�:� • " or any other method,by any cred�lor of TruStor or by eny governmentei agency egalnst arry of Me Property. Howevet,thb subsectlon shell not •..:.,; .•`
<br /> '4;,:":_ , � appty In the event of a good talth dispute by 7rustor as to the validity or reasonabtena5s ot Iha dalm which Is the basis of the toreqosure or
<br /> •`v'� '� ' torefeiture proceeding,provlde0lhat Trustor ghres Lender written nntlee of such Gaim and lumtshes reserves or e surety bond}or fhe cialm .. ,
<br /> :-'�t•'+'' '- �;� . , � .
<br /> :�.. ,_'. . r
<br /> satlsfactory to Lender.
<br /> #.,..i.,, ' Breaeh o!Other Agreement. Any breach by Trustor under the terms of any other agreament between Trustor and Lender that is no1 remedied
<br /> +� ., , , • within any graCe pedod p�ovided theretn,inGudmg wilhout IimiteUon any agreement co�scerning any indsbtedness or other obligatlan of Trustor
<br /> .� :•� to Lender,whether ex1511ng now ar later.
<br /> ,.�`° .. � Evente AHecting Guarantor. Any of the preceding evanis oaurs vntn rsspect to any Quara�or of any o1 the indebtedness or eny Quarantor ;'� '
<br /> �;" e ' dl9s or Oecomes InCOmpeteni,or revokes or d�sputes the vSilQity of,or Ilability under,any Civaranty al the Indebtedness. Lender,at Iis option,
<br /> � � , may,bu1 shalt not be raqulred to.permit ihe Ouerantors estal8 to nssume uncondiUonalry the obligaUOr�9 arL5ing under fhe guaranty in a , .
<br /> �..'.`;,• � ; : menner SaUstBClory to Leeder,and,in dotng so,cure the Eve�t of OetaNL �
<br /> '_°'� Adverse Change. A materlal edverse change occurs In Tnrstars flnanda� CondiUon, ar Lender belleves the prospect of payment or .
<br /> r,� .
<br /> j#� t performanee of lhe Indebtedness is�mpaired.
<br /> C•�� �" ; . � (DSBCUAtyI• Lender In g0od fait►�deems itself insecure. ,' :
<br /> ���, �`:. � . ; Ri�1t to Cure. If SuCh a ta�ture i9 cura6le and if Trustor has not been given a noUce of 8 breach of the same proN5lon of thlS Oeed 0�Ttust �
<br /> � � � t withm 1he D�e�d�ng tvrelve<12)months,a may be cured!end no EveM o�OetaNt will have occuned)if Trustar,etter leader sends writtsn L,
<br /> ���,. : . , � d the Cms re mres more ihan fifteen(15)days.
<br /> �n . . : nobce Cbma�ding ture ot such fa��ure: (a)cure5 the faiture v�ithtn fifteen,15y days: or (b)� Q
<br /> � �.���. . • % �mmediate�y init�ales Steps sufttcieM to cure the fe��ure and thereefter COnUnuBS 8nd comp19t85 a��reasonable end necessarY Steps SuHidenl to
<br /> •�::�_', . ' � produce complianee as soon as reasonaby practica►. . ,
<br /> }� �' • RIGHTS AND REMEOtES ON OEFAULT. UDOn the occunenCe ot any Event o}Defautt and et any time thereafter,Trustee or Lender,at its opUOn. .
<br /> =• " may exerCSe any one o►more oi ihe foliovnng ngtsts and remedips,m 8dd�tion to any othEtt rtghts or remedies proWded by�avr. � _
<br /> ^.���'. ACeeteratlon upan Oetautt;AddiUontfl Ret'nedie9. N anY event of default occurs es per the terms of the Note seeured hareby.Lendsr may �
<br /> ��s`••.,��' declare a����debfedness SeCUred by ih+s OBed ot Trusi to D8 due and pay9b�e and the Same s�all thereupon become dua and payeble withou�
<br /> ��. . � any presentme�t,demand.p�otest or not�ce ol eny kmd. Tl�ereafter.LendP•r may: '
<br /> #� � 18) E�ther�n 06�son o�by agent,vnth or wdhou:brmg�ng 8ny 9chon o�ptoCeed�ng, or by a�ece�ver eppo�Med by e couA nnd without
<br /> �egard to tne adequacy of ds secunty,enter upon and►ake possess�on ot the Prope�Y.or any paA ihereo�,in itS Own name Or��ih9 rt9me .
<br /> �' "� � of Trustee.a�d do a�y aCts�Nh:c�d deems retessary or des�rable Eo a�eserve�he velue.marketab�l�ty o�rentabtldy ot the property.or Dazf
<br /> :i�:, • . . ,.. ....,..N,, e�n vrnnnny nr nreta.M iha secunN 0�the Pr00erty:and.w�th or wilAON
<br /> �`, - c�tn3"roDert`!or�rneTesi rn i•+v��vva%�r..:'�•-a°'°...s°;."..^'..'�^..- ---
<br /> ;akmg posssss�o� of tr.e P��pefi�.sue}o�0�01�8rr«59 C0��2C1 thB re�is.+s5uB5 2nd profiis Of�h9 PrCperty.�nt�udmg those p851 du9 dnd
<br /> �'�•-�'I ;,�pa�d.a^d aOP�Y trg sgm0.�855 cO5t5 ard BYDB^S9S Of Op2�8h0�antl c0f:2Gt�On,m�lud�nq et10�n9Y5'aes.to a+�y��debtetlness secu�ed _
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