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<br /> � �: � 01-07-1999 DEED OF T�tt�T Page 5 5;` _� .; .
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<br /> y � z<` L � I�an f1[o 887955 (ConWtUed} —1�'���a��� S,' t< -r'
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<br /> � `- ` perrarmm�ee ot tne mdebtadness�:mpabea
<br /> . tns�qpfty.Lender in gaad faith deems ftseif insecuce. �
<br /> ' • s �� �ng[�debtednes9. A detauli shall aawr under amr Ex(stiag tndebtedrtess ar under any ir�strument an the PropEUtY securin8 arry F.�stin9
<br /> .���'. .� � �' ..:< `` Indebtedr�sss.or commenceme�of any sttlt ar other adion to toredoseany e�dsUng den on the PropeAY. . �.., '
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<br /> �" �- p3�q tp t�re. If sueA a�iGue is ciueble and H T�tor A[�s not been gtven a noike ot a bresch of tt�e seme Orovision at this Deed of Trust '� .
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<br /> � ,�; . `t t�.' �ihe Oreceding tweWe(12)mc�hs.H meY be auad(snd Eve of De(auit wDi have ooauted)ff Trt�stor.after Leader sen�wtitEen =—
<br /> notloe demsndtng cia9 ot such failwe: f8)ares ths Eallure (15)daYs:cr {b)[f the que re4�more than fiR9e�t(1S3 daYs. `t� _ �'
<br /> �� .. ; ImmediatelY IdtF�s stePg S��nt to cure the faDure and U��r ues and comPtetes aU reasonabte and eee�seiY s�ps s�dertt to �-
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<br /> �3� , x produce compliance as soon as reasonebty praGical. ._ .� z
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<br /> RltiHiB AND R�DiES ON DEFtWLT. Upon ihe oouurence ot atsy E of DefaWt and at arry Sme thereafter.Tn�ee or Le�der.at i!5 optlnn, .. ,.
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<br /> �'� .: � may exercise enY one ar more of the foilowing dgMS and remedtes.in additlo eny other rtgh�a ramedles pravtd�by taw:
<br /> � , r : Aeederadon tFpon DetsW�AdQittonal Remedt�s. If any everA ot defa�At oaius as Der the temss ot the Note seeured hereEy.Lender may ^�. E -. (
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<br />--, " :`` �` .. . ��'`� en����nt,��d.pro0eslb�w no6ce of arry tdnd�lT�ereatter.Le�may:d the same shaU fhe�eupon become dtte and payBDlO wshout :�.Z:, r.•:-::-
<br /> `. . (a) Bther In person m bY agent,wHh ar wtthout brMgte9 enY acdon or proceed►n8.or hy a ce�iver aPAok�bed bY a court end without .; 3
<br /> � '. = regara to the D�ede4ua�f►of rts sewritfl.mder uPon and teke P�stan of the ProPerl!►.a�efil R�the�aaf.M Hs own name a in irie neme
<br /> t: � ot Trustee.and do eny►ads whksh it deert�ne�sary or Qestrabte t�Prese�ve the vafue.mectcefab�'ilY or re�abffi�i I ot the ProD�lf.m part ` a
<br /> �x . s� of the PtopeAy or intenest in the Prope�ty,increase tt�e tncome irom the PropertY ar pratect the sewrrty ot the PtoperM.and wlih ar withoN .;�
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<br /> �� - ��9 P�ion of the ProPeRy.sue fot ot otherwise CoUeCt the rents.ksuss end pmfils of the Property.(nclu�ng thase pasl due and
<br /> ,� u�eiA.and aPAN�e same,tess casts and experses af op�aUon and capecdon�tnctudirtg aEEomeYs'fees.to enY inderitednesa seaued ': e ,
<br /> � . °.f by thts Deed at Tnaf,all in such ord�es Lender may datermine.The erttering upon and taldng poss�Jon ot tAe Prcpwty,the caA�llon r'�-:
<br /> �<g � ` r' � ' ot sucb rents,�ssues and profits,and the app�cation thereof shaA not cure or waive any defautt or norise of 0eta�dt under ttds O�d at 7rust �; _.
<br /> :',�t�;�,•',_� � ��'- pr imrapdate gny ad done in response to sueh defautt or pursuant to such notice ot defaul�snd.notwiUtstandng the eorrtlnuanee in , .,
<br /> �r k, p o s s e s s ion a f i he P rope A f l o r t h s w l l e c tl o n,rece f pt and a p p ll r B U e n a!rerds.(ssues or Profits.Trustee or Lender shaU be er�titted to _ ,� .
<br /> e�oaz�lse every rt9ht praNded for in Uie Note a the Related Oocume�s or by faw upon the uo�aarence ot enf►evertt of defauil.iadud(ng ths L` : '
<br /> �!� ` • �r� s . �
<br /> -4�►3�# �igM to exerdse the D��of sae; r �,y
<br />���;�f< � i`z (b) Commence an ectton to torectose tWs Oeed oi Trust as a mortgage,eppoh�t a reeaiver or speciftceify erAor�e anY o1 tha cavener� •r•,.
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<br /> (c) Oefnrer to Tnutee a wdt0en dedaration of deisul!and demand for sate and a wrt8en noUCa of defauit end eledion to cause Trusto+'s
<br /> ��j:; , v,� interest fn the Properry to ba solQ which noti�e Tnstee shalt cause to be duty fde6 for recard�n the epptoprist�otti�ot ttie Counhr in
<br /> ��' 1 , whtCh the Ptoperh IS Iccated:and : ` _
<br /> � -'• _ (A) WAh respecl to a11 or any part o!ihe Personet PrnPerty.Lender slm8 have ail 4he AgAb and remed�es of a seewed PactY under the ..-x_ `
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<br /> � > • Fpreetosfae by Power ot Saie. it Lsnder etecls to toreaa�se by exercise of the Power ot Sate heretn contalned,Lender sha0 no6fy Tn�stes and ' , n t:�
<br />' �',�;'.`', '' ShaU deposit wlth Truste9 this Deed of Trust and the Note sed suCh recefpts and evfOenCe of ezpend�httes maQe and s¢eured by thls Qeed of t.�-
<br /> ' � Tnat as Tn�stee m8y tequQe- �, y':-
<br /> � ? (a) Upon receipt of such noUce irom Lender,Trustee sheu caase to be recordeQ PubUshed and deGvewd to Tn,stw such NoEee af OetaWt �-:H_
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<br /> '�*.'.�'�� � � � ' and No9ee of Saie as then requhed by law an0 by this Oeed o}Tnmf. Tnistee shaD,wilhout demand on Tnutor,after sueA Ume 8s maY `. .;
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<br /> • then 6e required by law and aRer recordation ot such Notice of DeiauH ana after NaUCe of Seie having been gtven es requUed by I&w,seU i; ;•
<br />..�� �. • ', ihe Property at 1he Ume 8nd,ylaee of seie fixed by it in Such NotiCe of Sela.e(thet as a whole.or in separate tots or pBrCets Or itBnts es • ,, '
<br /> �=�� , . � ;.�" 7rustee shail deem e�edieni,end in sucn orQer as R maY��e.at P��a auctton to the highesl bidder tar cash in tawhA money at �;•r �.°,.�;
<br />- � �' the United States payablo at tAe tlme of sale. Trustee shall dalivver to sttt�►purchaser at pu�Aasers thereaf fts BeoA and strfftetert Qeed ot :� '_
<br /> ��,,t . � � .• deeES eomeying t he property so sotd.but wrihout ar►yr cavenant or wartanlyr.m�Press a ImplieA. The�ecitab tn such deed ot�rry memara • :
<br /> °�'r�. ' • ,:.„ or tads shaU be condusive Droof of the tMhtu�ness thereot MY Person,Indudtng wilhout OrNtatlon Trustor.Tnbtee,or 1.enQer.may
<br /> � . purthase at suCh s8fe. '�'.
<br /> fgy� �� (b) As mey be permitted by taw,after dedncling a1l msb,tees and a�enses of Trustee and of tNs Trusl.indudng costs of evldence ot •r
<br /> 3 • title In eonnecdon witA sete.Truste9 shall epph the proceeds of 581e to paymenl of (i)et15um9 expended unQer Ihe terms of thts D&ed o1 f.;::.,,,
<br /> ,�;'':'�, , , Tnul or under the terms of the Note not then reDaid,inCluding bN not Limit80 to eoaued interest and late ct�azges. fi)eD cther Sum9 t�en ,
<br /> � #�:.::� ' , secured hereby.and (iii)the remelnder.if any.to the person or persons legatty entilled thereto. .
<br /> #t�. � • � (c) Tnistee may In the manner provided by Iaw postpone sata ot ail or any paAton of the PropeAy. � 4�`
<br /> ar,��`:'.,..: �. � ° Remedies tSot Exetuap►a• 7nates a�d Lsnder.snd eacb of fhem,shaU be entiUed to entorce paymerA and perfarmence o1 arry MQabtedrtass
<br /> =. �l�:�:= . or obOgabans secured bY this Oeed of Tnui artd to exercise all rtghts and powers under tNS Deed ot Tn�,i,under the Note,unQer eny af tha ..
<br /> rF ". . .... - � Retated Oocumer�,or under er►y othe►agreemeM or arry laws rrow or hereafter in torar:notwithstanding.som9 w a0 of such InQebtedness
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<br /> ��..�f. and obRgaUons secured by thfis O¢ed ot Trust may now ot hereafter be othenAse secured,whethet by mortgage,deed ot Wst.piedga,Qen.
<br /> a s y g n m e n t o r a t h e n+i A S e. N e ft h e r t h e a x e p t a n o e of t h t s Oeed ot Trus1 nar its eMorcerrtent,vfietlrer by wurt ec8on or pursuant to the pawer af �
<br /> � � � .,' , sate or other powers cantained in this Oeed of Tnut,shall prejudloe or in any mannes aHed Tnistees or Lend�s rtgh!to�uDoo or ,.
<br /> t�:-;. ;. entorce any cther security►now or hereafter hetd by Tn�ae or Lender.N being agreed tMf TnuteB and Lender,a�0 eacb of them.sheU be
<br /> °`°T, ' ' ernitlad to entorce tNs�eed ot Trust and any omer securiry now o►her�tefter he►d by Lend�or TnRtee in such ordet and mannev es they or ��
<br /> �'��:. .� � either of them may In theh ebsotute Eisaetlon determine. No remedy conferred upon or ra5erved to Trustee or Lender,is h�tended to be .
<br /> .-�.:_���;. • exqushre o}any other remedy In thls Deed ot Ttust or by law provlded or pem�itted.but each sha0 be cumutativve and shaD 69 In addNOn to
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<br /> every other remedy g�ven in thls Deed oi Trust or now or hereafter e�stlrtg at law at in equity or by statute. Every power or remedyr giwn by the
<br /> ��l�.': ' tYate ar any o1 the Related Oocuments to Trustee or lender or to which either of them may �e othen�ise entiued, may be exerdseC. . . •
<br /> � �`���' � concurtenUy or indapendentty,hom time to 6me an0 as often a3 may be deemed e�s�ent by TruStee or Lender,and either of them may „
<br /> x . pursue inconsistent remedies. NoMing in this Deed of Trus1 shatl be cortstrued es Psetub�U�9 I.e�Qer trom seeking a deRdeney judpment , .��',`,,
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<br /> � � agaJnst tfie Trustor to the extent sueh acUOn Is permitted by law. . '
<br /> ; :",.: . Requesl For Notiee. Trustor,on Dehatl of Trustor and Lender,herehy reque�s that a copy ot any Notice of Delsult and a copy of arry No�ce .
<br /> ' �� • ' ot Sele unde►thl5 Deed of Trust be meded to them at ihe 8ddre558S set fORh in Ihe flrst pareg�aph o}thl9 Qeed ol TtUSt.
<br /> ' � � Wolver.EtecUon of Remedies. A waive►by any party of a breach of a provtslon ot thls Deed o1 Trusf sha0 not constitute a watver of or
<br /> preJudice the partys d9hts otherwtse to demand strlc!eompuance wrth that provis►on or any ather prov�slon. Eiection by Lender to pursue arry • . �
<br /> ��.,.,�'_. � remedy provlded in thts Deed of Trust,the Note,�n eny Related Document,or provlded by taw sha11 not exctude pursuii of any other reme6y. ,
<br /> '.�;''.°;`._. . � �� and an elecdon to make e�entldures or to take aedon to peAorm an obGgation ot Trustor under thls Deed of Trust after tailure of Trustor to •
<br /> � t peAorm shall not BNect Lendei 5 ngM ta QeCtare a defau118�d to exerUSe any of its rertrodte9.
<br /> •�';° ?:: , ,� ASOm8y8'Fees;Expense9. �t LAnder tnstitutes eny Swt or eCUon to entorce any of 1he terms of Ih)s Dead of Trust,Lender shall be entii:ed to �
<br /> 4 � recover such sum as the cou�1 may ad�udge reasonabte as attomeys'fees at tnal and on any appeat. Whether or not eny wuR 8tuon ls
<br /> ''2�'''�"� � InvoMed,e��rea5onab10 experKes mCUrced Dy Lender v�h�ch in Lender5 opmi0n 8r9 ngCe558fy 8t 8ny time fOr the proteEtiOn Of ils intBr8516�1R8 .
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<br /> {.�,.:.. • ' enforcemenl of As rights shal GeCOme a part of ttre InQebtedness payabte on demand end shall bea►Interesl8t the Note rate�►om tha deie of •
<br /> � � expenddure unhl repa�d. Expenses eovaretl by Ihls paragr8ph include.wdhou!limitetion,noweve+sublect to arry fimib under eppP.caD:e lavi.
<br /> • Lender's attomeys'fees whether or not tnere�S a lawswt.inCNding attorneys'}ees�or bankruptty proceedings pnGudirtg ef►oRS to modity or
<br /> �.;::.• . . vacate eny automauc stay or �njuncton).apPea�s and any anliCOated post-�udgment eottect�on seMCes,ihe eost o1 searclung reeords. �,
<br /> �" �s� � obffiming t�Ug reports(��Gud��g foreGosure�epoASl.surveyoB'reports.appra�sal tees.51Ie��+sure�oa.and izes for ihe T►ustee.to tR6 exte�l
<br /> �: ' � ve►rriitted by aRG���d�law. Trusto�a15o wnl pa/any couA cOStS.��aCdihon W all other sums Drotnded bq law.
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<br /> -•q ::.. . � . . Rl�ts o1 Trustee. Trustee 5�3�1 heve ali ot the nghf�and duhe5 0!Lender es set todh�n th�s section. � '
<br /> • � POWERS AND OSLIGATIOHS OF TRUSTEE. T►+e�onow�ng prov�sions relatirsg to tne pOwers and obl�ganons of Tr�stee are 08rt of this Deed O}
<br /> ���'�:_j�� ' . rru5t. . . . �
<br /> Powers of Trustee. �n add�t�o�to a%�pOwe�s o}Tr�Steg dnSing es e met!9t�t Iaw,TrUSteB Shall hav9 ih@ p0'+�8�t0 tek0 ihB fOnO/�ng eCU0n5
<br /> ���,�:_r � wdh rggpeCt to iho�operty npon InB vmtten request Of Lendsr and Trustor. �e)�o�n m prepanrtg and f•t�ng a map or ptat o}the Real Property,
<br /> �: . . •
<br /> �: : �nc�utli�g�he ded�c.abon oi 5«2of3 C�other ag�t5 to the pub��C: Ib);an�n granhng any easement a aeat�ng any resfiCtio�on the Rea)Pr00eAy. ;
<br /> - a�d iC 1 ian�n anv suoo�a�ahon or ctner ag�eemsnt aNechr.g tns De�d o+7rus1 a�he�nter�t of Lende�under th�s Deed ot Trust.
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<br /> � {..� '� TfU512E. ?'USfQB chd�l Tegt 3'I Q,��•E,ar�p�s reQu,red fpr Tr�stee un;er aP0°�b•8�8x ��add�t�or to�nE ngnts and remaU�es sat�om+ebmre. ; . - .
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