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<br /> - Ot-14-199g DEED�TRUST Page 4
<br />_ _ ' Loan ido 86f368 (Conttnue� ' "
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<br /> --"s3`" � ' pra�ide0 hetow unless Trtistor either (W Pays the taz before ft bsWme�deUn4uent,or lb)cardests the tax as p►avtded a0ove in tlta Texes and
<br /> `�� '; `, . `` L,� `:: Uens�cttan and deDo�ts with Lertd�cash or a sutfident oorp�ate surety�ond ar otAer seqpity+satisfactaY to Lender. ,��
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<br /> SEq1Al7Y AQR�M@iT:FlHANCING STATEMENT3. TAe foOoWin9 Provts►ons ra�fing to ttils Deed W 7n�st es a seda�yr agreemenl ere 8 Dait c! � �
<br /> : tt�DeedMTnsL �,, `�4 ° s-
<br />-°�.,-� : • • , .:�i ' 1 t6 th9 e�deet ot the Pro0 oDns�tutes fiadutes Or other
<br /> —==u"�- - • •�-�- $£W�►AgrBement. This irKtrumertt ShBH Corutitut9 a SeCwity agr�men �Y �
<br /> �.� � porsonaE prQpertY.and Lender shBU have aD af the dgMs ot 8 seeured party under ttie Uniform Comrt�art�al Cade as amended ironn 8ms to s:..'�• '
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<br /> g�Ary tnter�st. UPon reQuest bY Lemier.Tn�stor shatl�ftnandn9 statemer�end talce whatever otn�eclion is re4ueste0 b y Len d e r �
<br /> ��3_ '- `� tp perfact end co�inue Lendets secuMY interest tn tt�e R9�s end Pe�sonal Prop�iy. Fn ad�on to reca�ng tt�l4 Deed af Tmst kf!he rs:tl -
<br /> P�Pe�f►�ecords.Lend9r may.at any t�nne and vulthout tiutAar authaimflon Uom Trusta.08�d counterParts.eopies or raproduetlons ot � :
<br /> �,�i4 - � �, : fh�Qe�d of Tnul as 9 flnendng siatament. Tn�ar sha�teimburse lender for a0 mcpenses fncur�eG in peAeetlng a coMinutng it�s SedtrltY ; ,t
<br /> Y � �s.. s tr�ete51. Upon detetilt,Ttustor shaU 855embie the Pe�5on0!PiropeAy in 8 menner 8nd 8t 8 pfg0e ressanabhf Carrvenlent to TnstW end Leader f
<br /> �,' . - � 8nO make[t ava�7e0te to Lender wifhln Uuee(3)days aft�recetPt at wrfaen demand Vam Lendsr. .•; , .
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<br /> ��., . „�le : _ 1 AQQtease9. Ths maiTing addresses at Tnutor(debtar)and LenGer(seeured P�Yb kom wtdct�inlamiarion conoerNng tAe�Hyt� ``tr �.
<br /> �;" �''d grar�tsd b1r thts Daed of Trust may ee o b S s l n e d{e a c h e s r e q i d r e d E y t h e i 1 n H o r m C o m m e a f a l C o d e?.a r e a s s f a t e d o n U s s fl rs t p a$9 o f f h b Deed
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<br /> .:.` . ,�, a ofTrust '
<br /> = ' R t R T F�i A 8 S U A A A t C E S:A T T O R N E Y-I H-F A C T. T h e f 0 4 o w i n g O r o v�i o n s�a t t n 9 t o t u r i h e r a 5 5 u r a n c e s e nd a tt a me y-in-fact are e p a A ot ihis .
<br /> ^''�:.`` � '� ,.. • QeedofTrusL .
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<br /> �,.;-_ � ,.".~ FttMer ASSamncee. At ar►y time.and trom tfmme to time.u�on requesf ot LenQer,Tnutor u v m m a k e,e x e c u t e an d d e l i v e r.or wi9 cat�e to 6e 4 :
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<br /> q�,��, madg,exectRed or deVveted,to Lender or to Lenders daslgnee,and when cequested ty lendw,cause to Ge Aed,recorded.�afiled,a - �_
<br /> r, � , ` '"` rerecorded.as U►e case may be.at such times and In such offices and P����endsr may deem aADroP�.�Y and all such mort9a8�. � ,:
<br /> .��;; ; ` >• . -�;�i deeds of trust.secudH deeds.securilyr a�eement3,finandng stafeme�n corrtinuation stafements.insirumerds ot fuAher assura�ce.c�ti8cates. u
<br /> :�3�}� -- � ertd olher dacumaMs es may.�n the snte opiNOn of Lender,h0 nec�t or do�ahte in arder to eftectuate,complete,peAet�,.contlnua,or
<br /> 1 :°�n > , ��SeNe (S)�e obilg8tions of Tnrstor unQer the Note.this Oeed of TtuSt.8nd the Retate�Ooqtmerns.end (b)the 08ns 8nd SeCtuRyt��� ..= f
<br /> � aeated by this Deed of Trust as fiist and prior liens on the Property,whether now owned or hereafter acqulred by Tnutor. Untess prohihRed bY
<br /> Iayy pt ggrggd tp tAS apMrgry by Lgnder in wri6ng,Trwtor shail relmburse Leader far aU costs and�enses incurred in connecUon wifh the �
<br /> '��=�.t i � . matteis referred to in this P�9�P►� .
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<br /> '�'"��` '. �� '�. p{tprtlgy�t�•Fap, It Tnistor fa7s to do enyr ot the things referied to in Me precedfng paragr8ph.Lender may do so tOr Bnd in the neme Ot � �' � .Y,
<br /> •��'#�� ` � Trtufor end at Tn�stars ex�iense. For suct►pucposes.Trustor hereby hravacably epPOlrrts Lender as Trustors attomeyN�tar t�P�P� � �
<br />_ •���•ki;. _ , Of making.�recuting,deGvering.filing.recordi�g,and ddng a0 other things es may be nec�sery or deslrabfe.in Lendels sole opirUon.to� � r �•,<(�'.
<br /> ;�.� ,T, ; accamplisl�the matters referred to in the preeeding paragra0h• � e
<br /> . .s��. � :,� ,� F{�iL RFRfOR11,1ANCE, It Trustor pays eh the Indebtedness when due,tertninates the Orte of cre�L and otherwlse perfa►ms el!fhe obUgatian5� �
<br /> ' � ` impased upon Trustor under this Deed ol Trus1,Lender sh8i1 execute and deUver to T�e e requ�st tor tull oecomrayance and shall e�mcute and ��.
<br /> ; �� � � ; deDver W Tnistor suitable statements of tsrmination of any flnandng statemerd on file evidertdng Lender's security IMerest in the Ren1s and the � � t,
<br />=��. ;�:�_?� ,r � `• Persona!Property. Ar►y teconveyance fe9 requtred by Iaw sha(1 be paid by TnsKor.H permitled by eDDilceble law. � `
<br /> =: :��.F�; _ . .� ; DEFAULT.Each ot the tof►ovdng,at the optior►ot Lender,sheA constittite an evem ot Qetault(�vent of Defauil'�unde►this Peed of Trusk � ��•:
<br /> ��%.�.'. ' ,' QBteult on tndebteQness. Failure ol Trustor to make arry paymeM when due on the IndebteQness. , • ��•
<br /> ��� �r.,�'� �� �� D e f a u l t o n O t h e r P a y m e n t a F a i l u r e o f T r u g t o r w i t N n t h e O m e r e q u tr ed b y this Dsed of Tnni to make any paymeM Sor taxes ar Uisurence,or .
<br /> , atty other payment necessaryr to prevent filing of or to eNect discharge of ony lien. � .
<br /> � Cotnpitance D@falttt. Faiture ot Trustor to cortq�iy wfth any other term,obUgBtlon,covenani or Condidon Contained in this Oeed of 7nst,the
<br /> '� � . � Note or in arry of the Retated Documents. F�� •
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<br /> ` FBise Stetements. Any wartaMy,representation or statement made or fumished to Lender by or on behsH ot Trustor under this Oeed of Trusl, : ,,. �
<br /> . � the(VOte ot the Retated Documents Is false or misteading in any material resped,either notv or at Ihe Ume made or�hed.
<br /> .'.''��..t. ' � � Cetetflve Co11a4er8ltmUon. Th�s Oeed of Trust or arty of the Retated Oocuments ceases to be in fWl torce and ettect pnGuding falture of arry '. �.
<br /> `�'• ' � coltateral daCUmenb to cteate e vatid and peAeeted 5ecurity interest or Uen)81 any tlme and tor any resson. . ,
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<br /> � ;:.;�' InSplventy. Tha dissoluUOn or termtnaUOn of TnuWr's e�dstence as a going buslness,the insotvency of Trustor,the apDointmenl ot a reCeivar .
<br /> ;••;� ' , • - fo►any paA of Tnntors proDe�Y.a�Y��9nment for !he benefit ot aeditors,any type of aed'rtor workoul. or the commencement of any
<br /> ' ' �'. proceedmg under a�ry bankruptcy or insolvency laws Dy or egainst Trustor.
<br /> � Y� "''' ' Foreeiosure,FoAslture,etc. Commencement of foreclosure or todeiture proceedings,whether by{udicial praceeding,self-Aetp,reposses5ion �� , .�•
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<br /> `..`•,1�,r.� ' ' ar any other method,by any creditor ot Trustor o►by any govemmental agency again5t erry of the PtoDeR'Y• Mowe+rer.this subsecHon Sha11 nol
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<br /> � 'r'�� ': • . appry�n tne evem ot e good faith disDuto by TrustOr as to the valtdiiy or reasonabteness of the ctaim which is the basis o}the toredosure or
<br /> '.i �'..•, � foreteiture proeeed�ng,pro�ded lhat Trusto►gnres L.endet wAtten nollCe ot SuCh cieim and�umishes rAS�rves ot a surety bond}or the Ctaim
<br /> ; .j'.:.,. . satl5tactory to Lender. ;
<br /> .,�,;.�: � Bteash of Othar A�eement. Any breach by Trustor under the terms of any other ag�eement between Trustor and Londer thtst is not rems�ie0 � � ��
<br /> • '? . • . � within any grace pedod provided ihere�n.Includ�ng v�ithout limitation any agreement CGnCeming any indebtedn�ss or other obiigatlon of Trwtor (
<br /> ;' S . ,,� to Lender,whethor existing now or later.
<br /> Eventa AtfeeUng Guarantor. Any ol the precedin events oaura wiin respact to eny�uarantor of any of Ihe Indeb�edness or any(ivarantor
<br /> ' �;�.a.> , ., � 9
<br /> dies or becomes incompetent,or revokes or disputes 1Ae vaNdity of.or fiabiiity under,arry 6uaranty of IAe Indebtedness. Lendar,8t Its opllon,
<br /> ` �., . � may,but shall not be reqWrod to,petmii ihe Guarentor's estate fo essume unCOnddlonelly the obligatiQns arlsing untler the guSrenty io e
<br /> �'!� ' � manner satisfactory to Lender.and.In dang so,cure the Event ot Uefau�t. ,
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<br /> � ° � , tnsecuHty. Lender m good�aith deems itseN lasecure. �
<br /> �`"'. � ' . - Right to COre. If suCh a 1a��ure is eurablo and d TrustOr nes nOt been grven a not�ce of e breach of ihe S3me provis�on of thls Deed of Trusl ..
<br /> , witnin the preceding twelve(t2)months,d may be cured(and no EveM ol Oefaull will nave oCCUrted)�f TruStor,atter Lender send9 wdtten
<br /> ' � •; " , ' ' rtatiCe domandmg ture ot Such fadure: (A)cuws Ine fadure within fiReen(15)d3y3:or (b)d the cure requiros more tnan fifteen(15)days, E _
<br /> �, . ' � immed�ately imtiates Steps sufficient to cure ihe fadure and ihereafter conllnues and Compietes efl re35onable and ngCessary Steps S�flC�ent to �
<br /> . �.;. � z produce compGanco as soon as reasonabty praclicai• '
<br /> „f�� '� " • RIGHTS AND REMEDIES ON OEFAULT. Upon tha occurrenco of any Event ot De'ault and at ony time ihereaHar,Trustee or Lender,at ib option, � . -
<br /> ;;.t... may exerCSO any one or more ol the�ollow+ng nght,and remsdies,m add�i�0�io any ot�er nghts or remedies Orovided by Iew:
<br /> }'- .'• • � Aeceletatton upon OofaUit;Addltl0nal Remedles. �f any event of default occurs es Oer th8 ferms o�tho Nato secured heraby,LonQer may
<br /> 1�:; ' , ' d�clare all Indebtednes>secured by this Dead o}Trust to be due end pvyeble end ihe same shall therpupOn become due fl�d OeYabig with0ut �
<br /> any presentment,demand,pro�es�or nobce o1 any kmd. Thereafler.Lende�may- `
<br /> (a) Edner m person or by agent.wdh or vnthout Dnng�ng any action or prp�eed�ng,or by a rete�ver appointed by a Court and wFthOUt
<br /> = � , regard to tnB atloquacy of�ts Secunty,on!er upon and take Dosses5lon o��hg PrOperty,or any parl tnQrap}.in its ovm n3m9 or in the nam0 .
<br /> ' �" ;,, . Of Trusteo,anp tlo any acts which d dBBms nateSS�ry Or dOS��ab!o IO preserve IhB v�lu9,markpiabd�ty o�rpntab�l�ty of Ihp Property,or paA
<br /> � i.. . ot the Properry Or inte•e51 i�tho PropBrty,�nCrease tne��COme trOm iha PrppE�ty 0�pro!eCt the SeCUnt�Ot the Prope�ry:and,with Or vnthoul
<br /> � � I�king OoS5e55�Gn 0)ihe PropB•ty.Su9�Or pr OthBN��Se COIIBCt thp rpnt5,iSSU05 O��d D�0���5 Ot Ih8 P�OpB�y.��C�tltl�ng th058 pe151 dUO b�d
<br /> '� - �,np3��.antl aovi7 fhe sa��o.ioss costs a�tl eYGertSe;of oCa�at�on antl coitact�o�.�n�lcd�ng aHC��eys'�eos.to a��1��debtednoss cocurod
<br />� '!; � � . . by t��5 UCB�0�T/�St.81��^Su�h Ord9i ds LOr�,+r m�y d8lgrm'n8 Th0�rtenng upOn�nC:dk�ng po5S955�On U}�hP PropO�ty.th0 CO•��CtiOn
<br /> "�� .� o�Suen renls.�SSU�s and pro��IS,a�d the apD���ahon trereof Shau not cure or wa�vv sny defau�l or no��ce o►tlaSauft under thn Dv�tl c1 Tr�rst , .
<br /> � .
<br /> � . � pr �fSl1���1�0 3�y 8C� dOnv�n�BSp0�59 1J Su�h dP�dUN Or DU�SI1dnI l0 SJCh PObCf C} C��tBU�},a�d U5o 8 ohSLOndo9 s►a��cbe'enW od to -
<br /> • � - C�SS�SS�On 0�!FB P�002��'/ Gr ihA gpOeCbOn.r2CE�q']�d r]FO����1�0� Of rpntS. �SiU05 O! pfOfitS. .
<br /> ' ' F - " �xt�C�SP Bv9ty��gn1.��ov,detl t�r�n t�q'V019 F��O Rf'dfgd DOCUR'9n'S Cr py IJy:UpUn 1�8 O!'C�1rt0�C0 Of dr1•i ovont ot detdu9,�nciuding Ino
<br /> . . . .�ghf!p�tar�r}a th.�p0-.ti9' ��Sd'?. .
<br /> . �b� . ^'��fA]c J^�.��'� ..�PC'OSa mi>n�a� �I'r:�cl dt a Tortgago.aoo�mt�rCC4r��r C.•SRSC���C�IIy gnIOrCP BnY Of tR0 COti'OR]�15 .
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