Laserfiche WebLink
provided below unless <br />4 ". <br />fA <br />idler <br />a to <br />aclfon'Is requested by Lender <br />tb rsoardirp this Deed of Trust in the real <br />, it�ireWWited counterparts, copies or reproductions of <br />tfkt make itaVa to Lender within days receipt toff written demand and <br />d incurred in perfecting or continuing this security <br />at a place reasonably convenient to Trustor and Lender <br />() ys p from Lender. <br />Addresses. The mailing addresses of Trustor (debtor) and Lender (secured party), from which information concerning the security interest <br />granted by this Deed of Trust may be obtained (each as required by the Uniform Commercial Code), are as stated on the first page of this Deed <br />and other documents as may, in the sole opinion of'Lender, be necessary or desirable in order to effectuate, complete, perfect, continue, or <br />preserve (a) the obligations of Trustor under the Note, this Deed of Trust, and the Related Documents, and (b) the liens and security interests <br />created by this Deed of Trust as first and prior liens on the Property, whether now owned or hereafter acquired by Trustor. Unless prohibited by <br />law or agreed to the contrary by Lender in writing, Trustor shall reimburse Lender for all costs and expenses incurred In connection with the <br />matters referred to in this paragraph. <br />Attorney -in -Fact. If Trustor fails to do any of the things referred to in the preceding paragraph, Lender may do so for and in the..ngtrne of <br />Trustor and at Trustor's ,expense., For such purposes, Trustor hereby irrevocably appoints Lender as Trustor's alto , y4r faotjb,r thp;p liposs <br />,. <br />ttr�cifl�, o}iBrtl ,. fging, rscotdlnp', land. dolh% d' 6t* tl as maybe <br />!... Y,.40� 1kider's o�irn, to <br />y <br />(" vent'of Dolaur) under this Deed of Trust: <br />Default on Indebte&aw faluwve of Trustor to make any payment when due on the Indebtedness. <br />Default on Other Payments. Failure of Trustor within the time required by this Deed of Trust to make any payment for taxes or insurance, or <br />any other payment necessary to prevent filing of or to effect discharge of any lien. <br />Compliance I)_efault._.E"l e-of T ustor to rcomaW_wiih anv._other, Wm_r 1aat'„n nrmmnsan t_nr, _=dAiraa "n„nta.,r..r in hi nmd_eO T—A Ilia <br />^h.+_i <br />olri 1 , ar any off. a IeebltW ooutn dings to tie in full force and effect <br />(including failure of any <br />collateral documents.b create a valid and'perfected security interest or Non) at any time and for any reason. <br />Death or Insolvency. The death of Trustor; the insolvency of Trustor, the appointment of a receiver for any part of Trustoes property, any <br />assignment for the benefit of creditors,: any type of creditor workout, or the commencement of any proceeding under any bankruptcy or <br />insolvency laws by or against Trustor. <br />Foreclosure, Forfeiture, etc. Commencement of foreclosure or forfeiture proceedings, whether by judicial proceeding,' self -help, repossession <br />or any other method, by.any creditor, of Trustor or by any governmental agency against any of the Property. However, this subsection shall not <br />apply In the event of a good faith dispute. by Trustor as to the validity or reasonableness of the claim which is the basis of the foreclosure or <br />forefeiture proceeding, provided that Trustor gives Lender written notice of such claim and- furnishes reserves or a surety bond for the•claim <br />satisfactory to Lender. <br />Breach of Other Agreement. Any breach by Trustor under the terms of any other agreement between Trustor and Lender that is not remedied <br />within °any grace period provided therein, including without limitation any agreement concerning; any indebtedness or other obligation of Trustor <br />to Lender, whether existing now or later. <br />Events Affecting Guarantor. Any of the preceding events occurs with respect to any Guarantor of any of the Indebtedness or any Guarantor <br />dies or becomes Incompetent, or revokes or disputes the validity of, or liability under, any Guaranty of the Indebtedness. Lender, at Its option, <br />may, but shall not be required to, permit the Guarantor's estate to assume unconditionally the obligations arising under the guaranty in a <br />manner satisfactory to Lender, and, In doing so, cure the Event of Default. <br />Insecurity. Lender in good faith deems Itself iraeoure. <br />ow 1iO4int ti irtt ovion, a notts ,vt a breach of the samn:proviolon of title Deed of Trust <br />�,, �t1� nt► e�; ltariti "CCCtmsd} # Tfiator, attar sonde written <br />no ct rr•andln5 c Yre 3f' L r failure. (si;"" sires fa ure wif M' tfty (�o) Ste; or (ir) N. fire curer requires more an twbnty (20) days, <br />immediately initiates steps sufficient to cure the failure and theripfter ucontinues arld completes all reasonable and •necessary steps sufficient to <br />1t►, ~ills �, frL1 M or Lender~ at Its option, <br />may exercise any one or more of the following rights and remedies, in addition to any other rights or remedies provided by law: <br />Acceleration upon Default; Additional Remedies. If any event of default occurs as per the terms of the Note secured hereby, Lender may <br />declare all Indebtedness secured by this Deed of Trust to be due and payable and the same shall thereupon become due and payable without <br />any presentment, demand, protest or notice of any kind. Thereafter, Lender may: <br />(a) Either in person or by agent, with or without bringing any action or proceeding, or by a receiver appointed by a court and without <br />regard to the adequacy of its security, enter upon and take possession of the Property, or any part thereof, In its own name or in the name <br />of Trustee, and do any acts which it deems necessary or desirable to preserve the value, marketability or rentability of the Properly, or part <br />of the Property or Interest in the Property; increase the Income from the Property or protect the security of the Property; and, with or without <br />taking possession of the Property, sue for or otherwise collect,the;rents, issues and profits, of the Property, Including, those past due and <br />unpaid, and apply the same; loss costs and expenses of operatlon And collection, tb any Indebtedness secured by this beecf of Trust; all in <br />such order as Lender may determine. The entering upon and taking possession of the Property, the collection of such rents, Issues and <br />profitsi and tWapplicatlon thereof shall not cure or waive any default ornotkre of default underthis Deed of Trust or invalidate•any act <br />done in resOnse to Such default or pursuant to such notice of default; and, notwithstanding the continuance in'posponlim of the property <br />or the collection; recolpt and application of rents, issues or profits, Trustee or Lender shall be entitled to exercise every right prpOded or in <br />the Note or the Related Documents or bylaw upon the occurrence of any event of default, Including the right to exercise the power of sale; <br />(b) Commence an action to foreclose this Deed of Trust as a mortgage; appoint a receiver or <br />hereof; and "' sPedNcally enforce any of the covenants <br />