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<br /> � D�.Gif���V� �)9� �Y�Y�� Page 4 ���r.
<br /> � � " t i t 1'�14-199�
<br /> - _ �- - - 'ai� LOan No 845QS� (Cm�tinue� r s _�,_ �
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<br /> A' :E- ths hotder of Uie Not�and (�a spe�fie fax on all ar ac�►OoAlon ot 4he Ut�ar an paYn►ertls af DdrtciPal and interast made by _ ..• :,�� .`'
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<br /> �`. � . . (. '•r 4� Tngt�r. f���.:;,. :
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<br /> :�,� St�q�a�T�ea U eny t�c to wf�CA th�see6oa eAAUes is enetted s�se4uetd to tRe date of tt�Deed of Tttu1.tWs euent stta0 have ihe ;�rr`��..
<br /> � < � � '; sama eft�!as en Event oi Oeiau�(es deflnea be►owb and Lender mall�enY ar ell af ib availabte remetAes tor an Ever�o!Defeutt as < „1 °
<br /> � ptovtded betow untess Trustor either (a)OaYg tbe t8x befate it beeotnes d�nqttertl.ar (b)COtttesls the 1ax aa prtvtdsd elbove in Uta Texes and < <.
<br /> ,'. LSer�s sedicn and dePo�ts wBh Lender cash or e sutRdert caryaata suraty bortd ar other sectnity s�dory to Lender.
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<br /> - �'' �. ° ` S�qJAtTY AGR�iT:FlNANdMG STAT�iiS. The foIIowing provlstang reTetin9 to this Deed of Trust es a SeasRS►�ST�ment are e part of _
<br /> _s��'i_'�.- < �� � � •y-`�:: tMs Dssd atTrust. �'; i:,;
<br /> SCCUrit!►AgreEme�t This instrumsnt ShBD Con56Utte 8 setxui�/a�eement to th9 e�derR 8ny Ot tl�e ProP�IY�c�stiluE� �tres o► ather
<br /> f j. . � _._�.� �..1 persona!ProDertY.and Lender shall Aave all of the�h1s af a secvred Par1Y undBr the Unitorm Co�mnerdai Cade es amended 1�om�me to ` — '
<br /> n.Pk`' ".rc='�'�' $Q19. - � .-.. .
<br />=n' !: . , _ r``�'._ti _ -_
<br /> `_ - c ' gequ(fy It�tetest UOon raquest by Lender,Trtutor sha0 exec�te 6nane:ing s�emerds end tataa whe�ver ofher er.Han g requesled bY Lend�
<br /> ;., : ; : • ,.� , `` ;,�, to pc�Cl and can6nue Lenders seauH!►in�in the Rerds and Pe�sonei PraPaAY. tn ad�an to�9 tNs Oeed a!Trust in the real
<br /> _ . . . `;- P�P�Y remr�,.Lender maY.at any Eme and 4v8rtottHtnther sufAO�mtton tracn FnBim.5!a execuled oounter0arts.eoPies or wprod�tto�ot ;_ .
<br /> � < �'t= Ws D�d a!Trt�!es a Hnaneing statemeM. Trtatar stia0 r�mbtuse Len�r far e0 e�er�ses inattted in pertec8n9 ar eontlnuing Uih s�wHy ;,.�-."-
<br /> ''• <<<._. . . Uft�t UpO�defau8,Tntstor sha0 e55emble th0 Ra[sott�P�lY in a rt�an�mr and at a plaoe teesanaht!►cameNent to Tiustor and lender -
<br /> �.- . '.�Lr�-'< and m8ke R ava�bia to Lender withln!luee(3)days after receiPt af wrft6en demand irom Lead� . ,.. .: . ,
<br /> 9 s- ' �. . ;=� �. The ma�tng eddresses of Tnutor(debto�snd Lender(secured PertY?.trom whlch ir�tomsa�on conoertdrt9 the se�(tyr t�es1 ` . •.
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<br /> ' �granted py thls peed o}Trtst may ba obtained(each as required by ttie Unifarm CommerGal Code�ara es slated on the fust page of tNs Oeed �` `:�.
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<br /> j FIJATl�R ASSt�tAAlCEB�ATTORl�EIf-tH-FQCT. The fonnowMg ProWSior►s telafleg to fluther 85StuenCes end attom9y-U►-f8C1 e�e a pert ot ihls 1 �`_�
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<br /> �� ' � ' ` :���� QEOd G}TItL'f. '_..:._t`-,'^ ,
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<br /> �. � -` Further Assurenee9. At arry 6me,and from Ume to tlme,upon request of LenQe,Tnstor wm make.mrecute ru�d deaver.or w01 ca�e to 6e �. ,. r_
<br /> z" .� .. �^�� made.�d ar deGvereQ to len6er or to Lenders desi�nea,and when requested by Lende,cettse to 6e fited.reear�d.refiied.ar - -
<br /> � . �.` - te�eootded.as t![e case may be.at suol�tlmes and in sucA offiees and ptaces as Lendet m8y deem apD�D�.�11 and eJ�ueA maRgagas. � .�=��. '
<br /> '-u.��i���. -� ' . = d�o!trus1.seeurfry deeQs.seau►tY agreemenb.5nanrSng sffitemertis.ea�rtlnuaeon sfatemer�is.tnstrumer�of turtAer assurance t�i8rates. s�. ..�=��'.x_
<br /> �`''�`• ; . ,_�` `�.�..;,' 8nd oU�er doeuments as mey.tn ths sob cDfiton o!tendM be aeoessaryt or desbaD�in or�r to ettectuat0.eomPtete.Derted.cmffinu0,� _`_: c_-°,
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<br /> ; ..�. . :. � ;� preserve (a)tha abQ�Sons af Trustar under the[�t o t e.this Desd of T rt t s 1.and tAe Retated Dawmerds.and (b)the Bens and seaeih interests � �` .
<br /> r.-. �_ � �' ,.` �, exeated by ttUs Oeed otTrust as 6rst and prtor Gens on the PtoD�IY,v�hethar now owned or heieaft�acquUeO by TtttsWr- Uniess praNLtted by '�F�r':_ =-
<br /> : �. : a�. ,y.';- taw or agreed to tUe eoeUaiY by LenQer in wrf5ng.7nutor sbaD cehnbuise lendaz tor aD eos�and e�eRSas I�uYed in connection wiM the. .�,:. ,4__
<br /> '_�q �, Uai =
<br /> �t,,. • .:::� metlets re(erted to b tl�pat8graph. :• °�
<br /> �iG3.€:� i '��� ptl�taey-tn-FaCf. k Tnistot faiis to do airy of 1Aa Wngs referred to in t�e prece�r+9 P�S�D4 Lender may do so Por and In tAe r�me af `
<br /> �� � F' 7natar and at Trustors e�enge. Fat sueh DmPcs�.Trt�stot hsrebY irtavocabh ePOoUds Lender as Tn�sfnfs attamey-�fact for the Dm'DOSe t�
<br /> ' . � af making.erecutln9.deliverin9.filinB.�ecording,an0 daln9 aD other things as maY be ne�sarY or desUahle.fn Lenders s�a ophdon,to •a�°�-.
<br /> -, �;-: ' � ¢ BCeamOGSfi 1h8 m31lets[eterred to fn the P�eoedin9 parag�aDt�. . �`�..
<br /> ;_... � - FIA.L RERFOtilOANCE N TmsOor pays aU the Indebtedness wtmn due.and othervutse DerWnns aD the obltgaUons impased uAan Tnatar under 6�
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<br /> '' � ':.., .. ., Oeed Of Tnest,Lendet ShaU e�cecute end Qefiver to Tnistea a req�st tot f�teeonveyamo9 and shaA�8nd dellvet to Tni�ot stdt861s r,
<br /> .�,�°�. • atatements af tarrnimation of ar►y 8naneMg statame�an fitte evtdaro9ng Lendefs sacurity in�est in ihe Rerd�and the Personal PropeRy. /Ury � '
<br /> - � , �,�, reeonvsyance tee ra4uired by law shaU be pa(d by Tiustor.it pertnitGad�Y apDticabte law. :, •;:.�� :
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<br /> .r.:�.-: : . • CEFAULT. EacA of tl�e touowing,at the aptlon o}Lender,shaD wnstitute an evenl of defautt('Event ot DefautY�under mts O�d ot Tnuk �
<br /> �°s^..� _ � _ ` Oefault on Mdeb�s. Fa�Jture ot Tn�star to make anyr paYmerd+�vt�en due oA the IndeOtedn�s. 1'�;:
<br /> `•',s'.�:'. • • . Qetatdt on Otner Paymenta. Falure ot Trwtor wiWn the tlme requhad Dy this Desd ot Tnst to make an!►PaYment iw tares a ia�suranee.w - -- :-
<br /> .,��`,� ° . • _ any Wher payrnen!neo�saryr to prever��iung of a to e(fed d�c1►arge Of e�ry�n. '•..,:.. r'_
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<br /> ��� Y": ' Oetmtit tn Favar of Thtrd Parttea ShoWd Borrower or any Tnst�or defaulf under any loen.e�derts�on of aedT,securfry a9reemenl.Purchase or ' _
<br /> '.� �' sales egreement, or anyr ottier agreement,in favor of em►other cre�ita►or person thai may rt�rfa►N aftsel enY of Barawers propeRy a •.
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<br /> �,;'e::,:; . . '.•�`� Bortowefs ar any Tn�tar's ebUiry to reVaY the Loans or pertorm thetr resPective obRgatlons under this O�d ot Trust or enY nt the Retate0 �.�; ,-
<br /> .' �.,:.:•..� . Oocuments. . ;
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<br /> • .;��'.`1 ' . .. , �pmppsnae petatd4 Fa7�e of Tnutor to compry with eny ather term.ob�gaUon,�venant or eendiitfon eaMained In this OeeQ ot Tntsb the . . .
<br /> • �'`. .,, . • .. . • Note or in anY oi tlie ReTated Oacuments. • ; � `
<br /> '�>��'- . FeISO Statement9. My waaant�l.teAresenffitlon or sffitem9rA made o►tum�hed M LenEar by or an betealf ot TnL.tor tmder this Deed of TnsL �.x
<br /> �,��,`: : � ti�Dtote or the Retate0 Doctttne�ls talse or mis►ea�ng in arry�nateAal respeet,eill:er Amv ar at the tlme made a itmmished. --_..
<br /> `.-,�`;`:;: • � ' . Qetectiva CouaLeratlmuon. Snts Qeed at Tnst or any af the Retated Cocumenb aeas�to be In t�faroe and eHeet(irtctudlr�g ffi�ae at aay ' s :•�..
<br /> :�.�.:.--� ` eouaterei Qeeumertb to create e valld end pwtected securiry Interest or Iten)et erry tlme and tor arry reasoa
<br /> ; �;•`. Oeatb or hfsotveney. The Qeath of Tn�tor rn tt�dissotWon or terminaAOn ot Tnutors�dstenee as a going bustness.tne irtsaNeney of ,.
<br /> .'�`'�.` . ° 7rustar,tne eppolntrnent ot a rocelver tor ar.y paA of Tnntar's Property.any asstgnment far the benefit ot creditars.arry typB ot aedtm wakou4
<br /> = }�'�%�,` � .. � , m 1f�commenoement of any proceeding under any bankrupteY or insotven�y law9 by ar against Trustor. ,
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<br /> 1 iOreetosure.Forfeiture.ete. Commencemeet of toreclosura or toAeihue pro�eedings,whether by Judiclal pro�ng.selt-1se�.tepossessfan � �� .
<br /> o�any olRe►methCd Dy any CreQtor of Trustor a Dy 8rry govammenffiI agency against any Gf tAe Property. However,tt�la subseetton shaU aot
<br /> i��:-�• � 1 appry in the event ot a good t�ith d1spute by Tnistor as to the vatidity or reasonabceness ot L'�a etalm whteh b the bas�of t�9 foredCStue a
<br /> �•�'•�.- • � torefelture praeeeding,provided tAat Trustor glves lendar wdlten noUce ot weh etalm and tumishes resen�es or a awety Cand for iho dalm
<br /> i`�_-• '. . � satistactory to i.endsr. . .
<br /> '��%� � • ' Bteatn of Other A�eemBnt. My Ereaet�by Trustor under the terms ot arry other agoemsnt Oelween T�ustar end lendor tRat b rtot remedled
<br /> - ;;•. :• . , � within any grace pedod provlded ihereln,InCluding without flmitation any a�aemeM tonCem�rtg any Indebtedness or other obilgallan of TNStor � ,
<br /> ' ;'1 ' I to Lender,whether exlsUrtg now or tater. �: �� .
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<br /> � '� Event9 Attectlng Gualentor. Any at the preeeding evenb occurs witA respect to any Guarantor of any of the Indebtedness or any(ivarantor . .
<br /> j Nes or becomes irtcompeten6 or revokes or disputes the validiry ol,or Iiabitdy umder,any Guaran4y of the Irtdebtadness. Lender,at its oD�on,
<br /> :;�;� . • . I may, Eul shall nol Ce required to, permit ihe Guatantor'9 es�te to essumg w+COnditlonally tAe ob�igaUO�9 erising under tho guarantY M e ,_
<br /> , '. � manner satsfactory to Lender,and.�n doing so,eure the EveM o!Default. E ,
<br /> ���' �y-� . • _ � Adve�SB ChanSe• A materral edverse Change oceurs �n Trusfqrs flnanc�al eonditian, or Lendet believes t�e prospect o1 payment or k
<br /> , .�? �.': � PgAOrmanee Ot the Indebtedness�S impaired. ! � ,
<br /> "'�.';�;'�. •� tnSeCUrfly. le�der in good(aith deems�tseil msecure. t . .
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<br /> � � Rtgtd to Cure. ii Such a fa�lute�9 Cu�Bbie end M Trustor h3s not Deen glven S notice ot a Dreach o?Ihe sa�ne provtstcn of thls Deed c1 Trust .
<br /> .i::� � - { vnt�tn the preCed�ng twotve(�2)monihs,il may De Cured(end no Eveni o�Oetault vnll hav0 ooeuned)R Trustor,efter Lertdet senQS vtritton �
<br /> E'� �. . ' . nohce demanding ture 6f Such f8iturg: (a)cutes thA f�lure within fifteen(15?dayS:or iDy�t tAp C1u8 requlr95 morv tAan fift8on(15?Qay9.
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<br /> ; �mmedlatery�mtrates steps SuHiCent to cure the�e�itUe 9�A t�ereafter conhnuas end Complefes ell reasonab�9 end�eoBSS3ry S.eps sufftclAnt t0
<br /> �::.�'��� � • , produee eomplignpB as seon as rgasonabty PraetiCal. •
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<br /> .b�;;;': ' ' RIGMTS AND REMEDIES OK bEfAULT. Upon t�e ocCUrtqnce of eny EveM o�RefeuH and et any 6me thgraarier,Trustee or:ender,al�b o0hon,
<br /> " • .- . , � may etorcise any o�e or more of Iho�oROwmg rig�ts er,d semed�os,�n addf!IOn to eny other rights or remedioS proNQed by law: � � -
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<br /> '� Aceeteraiton upon DetautP Addltionai Remedles. it any event of defaun oceurs r]S Oer:he terms of the Note secured noreEy,len�er may
<br /> k � det�are aU inGebted�ess secured Dy this Deed o►7rust to be due and payab�a a�d tha same sAall thereupon bseoma due and payab�e wnthaut
<br /> n:. �
<br /> , ' any presentment,demgrtd.O�ot9st o►nahce o}any k�nd. T►+ereaNer,lender rrtay� ,
<br /> ,����; � (a) E�iher �n person or by aqent,wdA or vnthout bnrging a�y achon or proceedir.g, or bY e receiver appo�nted by e court and vnincut •
<br /> regard l0�h8 adequacy of�IS SeCUnty,ertter upo�and take possess+o�o}th9 Propert�/,o�eny pa+t thereot,in itS own name or�n the�ame
<br /> °1 . o�'�us:ee.ana do any ac15'Nn�cn d deems nseB.iSdry or desveblA to D�eserve the vaiue,mark8fa0�h.y or re�taD:hly o�th9 Property.or pd�t ,
<br /> , � N�tn or wdnout
<br /> 0�the Property 0���terest�n Ihe P�oDe�1Y:��crease tRg�nCOm.e hom the F�ope�ly or prOt6ct tRe SeCUnty of t�a PropeAy:artd,�
<br /> ....u....��w.. ...�k .�,-nc anri nrnflic n1 tRa Dmnarlv. �rtclud�na thoS9 DeSt dt;e and
<br /> •—�- . �, eakin(j DOSSe55i0�O*me�rUPHtiy.�w 7G�vG vt•`�::.a6...�........... ...._' f""_ '^ ' ' ' ..-- .
<br /> �. :., . urpa�d.dnd a001y tPg Sarre 'r755 coSts and 0xpen585 0�C09�a��on a�d co�lectiOn.�edud�ng dltOrrevS�seS.to any:rdebtedngss SBCUred
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