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<br /> 01_�5-i�9a �.?,',4,J�',,,�.�,�� L3�E0 �F Ti4��ST Page 2
<br /> �� !_oan N� 7fi2C,�5 {�ar�iinued)
<br /> 7r;,51or prE,enL'y as,igrss to L_ender(r.)so krtown as Ben ficisry in ttas IIeed ef Trus!}aA ot Trustor's right,t�e,and intervst in and to ell present end
<br /> tuture leases of:!�e Fi�erfy enA a}t Rens hom the Pro�erty. In adcfi5on,Trt�lor{�rants Lender fl Unitorm Com�nerciejl Code secu:i.y interest in tho
<br /> ra
<br /> Re�L and lr.s°c�sonai Prope.ry d�`zr�below. .
<br /> QEFIN1710RiS. T!;s teRrnti�rti words shaP hati�e;he fc±(nvr,rx3 rnearaetgs+:hen;1sed ir.this Csed c4 TrusL Terms not c?herwise de5ned in this C�eed af
<br /> TriS!sh2?I havV�ihe meanings at�sibut2d to such termc in the lJrHxm Commerciai Co�s. P.k retsrencss to do4flr amounts shali mean amotmts in
<br /> lav�u�morrv o;the Ur.�ed S!atss of.Ame:�ca.
<br /> Be;eilciasy. The w�:d B�nefipary•'msars r=rve Pcir+'s Bank,its suc.asscrs 2r.Q assigns. Fne Pan1s Ba�k also is re!erred to as'isnd3r ln
<br /> :h't5 Dea�G(i fUS!.
<br /> Geed ct Tn:sf. Tho vrcdds"Cngd oP TrvsY ms2n L'�is�aed o!Tru;t amo.�g Trusior,Lender,end Tnrstee,aad,i:ticludes vnthout limitation all
<br /> �ss+�n^�ant�rd sPCUrity inte�es7 provisicns raSarirt9 la ftie RersonaJ Preger!y and ftent�. t
<br /> Guaran!al. The w�d"Guarar,tor mar.s and Irn�ud�s wittwut ism;iatian any and ell guaran!ors, wret�e: �d acccmmodation partles in
<br /> co^�iec+;o�'�^th the Inde.htednes.�.
<br /> Smptovenrenis. The h•c��'fmprovements'!r�ea�s and includes v+ithoui Gmit3tio�sCl e�5ng and tuture improvemenls,bui!d!ngs,struc:lures,
<br /> -�eblfe homes offaced on the RP,aI Prop¢xty,fnci4f;!es,ed�flons,r0p�9certwnts and olh�ce�struc5an�n the RE;ai Pre�er!y.
<br /> l.^,dtbtrcizess. Thp word"Indeb'�dr�ss'm�rs ai°prinrlpaf and inte:est payable unc•�r the Ncte arxf any amcunt�expenGsd c� a�vanced by
<br /> Len�t to d;�.ch,�rQe abG^yaGons ot Tntsto�or ex��t�cs fra;vrred by Tnr:ea w Lsnder to enterCe obligatlor.s of Trustx under thM;De;J ot Trusl,
<br /> tcge".er•x'tth in;M�s;an such amoun's as pro•.9�9t�in}hi,�e�d o!Trt,�s!. Spaa"r,carty,vr,thout timitstior.,this Dead of Trttst secures,ir,addition
<br /> io th9 nmoan'.s speciAed in the'JO:e,aNlufure amounts lenda�]n tts d�cte.�on may le�n lo Trtsstor,together with afl Inlerest thsrpon;howevar,
<br /> !n r:o evont shaC suCh(ulur2 a�fances(e%cC!Udfng inte�esl)exroed in the cggreg3�e E130,OOQ.00.
<br /> Lendar. Tha worri'Lbnder"r�ear>�iva Points Bar.k,:ts su�cessors and assi�ns. �
<br /> Nc!e. T!+p+•;ord"td�.!e°tr,enns thC NoSe datW,laftUBry 15,�ags,in the prt�cfp$I amcunt oi S130,O00.00 hom Trustor to ler.der, �
<br /> :�gs�ner w?!h al1 rorew,:ls, e>,",ens4o��, mod;fcatior�s,refnancir�qs,qr.0 s��bslitu.!ons fa tha Nota. The maturity dnta ef this Dsed of Trus!is
<br /> Octob�r�5,1999.
<br /> Per;ennl Property. The�vcrd:s 'Fe�sorai F;o�e^�r r,�e�,n 5t1 eqv�pmart, fr,ctures, and e!her artiCie; ol pCKSOnai property now cr herearier `
<br /> owned by Trc;stor, en� naK w h�erea`ter eftciched cu attored !o tfie Rea1 Propert,r, together wiih a�7 acccssions, paris, and additions lo, all �
<br /> repi�remnnts of, end a11 su�bsSitu':Q,^s `;w, a�y of such proporty: and logo!her wi'h aN proceeds {inclutl�ng wtt�out Nmitatlon all Insurflnco �
<br /> pra:��s nnd re(Lnds ot�remiu�)t.ort;a�y sasa cP�;hor�c:,�csition ef the Property.
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<br /> PtG(;@rfy. �TT�3 w�Q"�r rppc�rty'meart�c�e�:tive!y t`s Reei Prapert�•z�d ths parsonaJ Propeity. ;�`,
<br /> Ren1 Prcperry. Tho war�'Reai?rcpsaiy'menn the praperty,intere„s and�,hLs deSC�beti above in tha"Conveyaru:s end Grnnt"section. '��
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<br /> Felated Dacunrents. Tt�e wor�s 'f3eated Docurrsnts' m8an &nd }nCl�de wilhr.ut tlrrntali0n aR prr��ni550ry notes, cro6it agretsmenls, lo�n , �
<br /> ssreements,emirc�;,rnent2l agreem�r.s,gu:xran;�s,secur,ty ag:eements,mtvigages,dv�ads o:trusl,and aA other fnstn:menls,,agr3ernenl5 and ' `^
<br /> decum.en±s,whe?'�er;yaw�h�resY.er erc�ng,�xecuSed in cCn,�nan with Ihp Inde`:tedness.
<br /> Renls. 7he wesd'Aenis'ne.iRs a8 presen!an4(ulu;s ren�,revenL�s,inco:ne,�iUE:;f0y81;ie5,Groti:s,an�oiher Csn�fis deriVed Ircm lhe
<br /> Pro�e�'. 3;`
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<br /> TrU�tcr. 'ha word"Trusi�e"means F'rvt,Foin�2aRk ansi any s�bslifute or suxsssor tn,fs13e.5. <'
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<br /> Tn:stor. Tw�.uor�"Crest_r'meams any nnd a�pe�ons and enatles execv?ing fnts Q�ed a!Trust,in�udiny wtlheut Itmita;ion sll Trustors r:�med �
<br /> abc�r..
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<br /> TN�S DFr_v OF TRI;ST, lNCLUDikG 71iE ASS!GhlMEMT OF RENT5 ANL� Th� SECURITY !h`TERtST IN TNE RENTS AND PcASOMAL '�
<br /> '�OPEiiTY,IS vIYEH TQ�ECURE (1)FAYFdENT QF T}iE INDEBTEDHESS AkD (2)PE�tFJR�1SAH�E OF ANY AHD ALL 09lIGJ�TI�N5 OF �
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<br /> 7RL5TOR 11,4'D�3 3HE leQTE,T}fE RELATED Dp:UI�Cr-AIT$,AND 7HlS DEE�OF TRfJ3T. T}iiS Q[EU OF FRUST iS GNEPd QPIU ACCEPTED
<br /> L1?1 TYE FQL.LOVJilIG TERMS: �'�
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<br />� • " i�RYMENT AFtO PERFCRh'AHCE, e�,,ept as cihenvise prov�dud ia lhis�eed ei 7;ust,Truy!or shai�pct�to Lender alI;tmou�is sucurt,d by!his De2d ��'
<br /> et Trus1 es!hey uecon�due,end shs�s�"y and in a time!y me�ne,•pt�tor;n aA o{Trustcr's oblige5er�under the Ncte,this Deed df Trusi,and lhe
<br /> � ' Relaied Cc.c��msr!;.
<br /> °�SSESStORI AN�NAINTEMAHCc OF Ttic PROPERTY. 7n:s;or egrees th.�i?rusta's passass+on and ttse o!the Property ShP.11 be fl�v.arned'�y �;
<br /> ;he fr.!!ow!n,Prov�iorts:
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<br /> Pass,^sson a�d Use. UnEI tha c�urrerccca oS sn Event of Cel�u�i,Trustor mey (a)remain S�pocst*sslon and conirol ol tha�Property, p�)use, }�.
<br /> on�rato�r manaqa itx�,Praperty,and (c)co�iec!a�y Rents ham 2hs Fropo�-ty,
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<br /> Du!y io hS�!nts3n. Trt,slcr shaEi;na;nsin Ihe°roper'ry Ir,tenar.iebie cortdzGO+i and ryromptly ge,-tcsm all repairs,ra�+lacements,and msintenance �>�
<br /> n�Cf::;S&n'!O OfCSOtVB(LS YF9!UD. ��i'
<br /> F3czr.rdous SuCstances. 71w t�rms'hozsrd�us wu;ic;"hf128rdJU5 5Uh3t9�1CO3""dispcsal"'relea,e,"and ihreatened rei�aso,"as�sed In this ;�
<br /> Ce6d o`TrLKt,s�.�r�2tire:ho samq mcs3ni�s as stt fo�th in the Con�Frehsrutve Environments!Resporue,Ccmpensation,and�ie�<<�tv qct of �'
<br /> �?;��, 198]. as flmended,�2 11.S.C. S�,:ilon�t,el ssq.f':.'EF:4WU'�,!ho Supertti�d Amerdments and RoattthprizaUpn Act ol 1986, Pub.L. tJo. ,�-
<br /> e'4., 9?-.99('SA�1';,tho Ne�rdous hi�terials Transpo�tahon Act,49 U.S.C.Sectlon 13G1,ef seq.,the Resource Con:•srvallon and Recovery Att, �`
<br />'w.'h�`�': �2 U.S.C.Secticn 69Ut,et se^.,cx ether a II�L+Ie S1813 CX FC�EtdS I8X5,;u;es,a r usftions ado ted
<br /> PP 2'd p pursuant to any of the foregoing. The "�,�,
<br /> �7 tarn•s'"he:Lrdo:rs wFS!g ar.d"hr�rdous substanca"shnH aFSO indude,v�ithavl fimHgtion,peL-oleum and;,etroieum by-{aroducis or any Iraclion '
<br /> � lherec'end�sbc,�stos. T.n�stor res�n�and warcants ta Lend�thah a DLri ' �'.
<br /> � � { ) ng.rie pe�lod p!7rust�s ewnarshfp tif the Freptxty,there has
<br /> be�n�o use,genera!icn,m.snu'actvre,sE_^ra�,freat�nent,disposai,re�eau a ftxeafened rel3ase of::ry iiszardous w2sfa a. subslanco by eny
<br /> -x pF^�o�on,i:nd�,about c;from ths Proper,y; �)Trusicr has no knrnrtedga ef,cr reasnn lo beliove thai Ihme has be!m,except as previousiy
<br /> � d�sc!�.,ea to and acknowlodgod by lsnder in w�riting, (i)sny use;gan2ratiun,rt�2nutactwe,stwage,lreatrr�nt,dKposal,ralease,a th�a;�I��ed `
<br />_,�'s . re��ass cf�ny hszardcvs u�•aste ar sutrs!en:�on,under,atrout or trom th¢Property by any priQr ownecs a occupants of lhe Froperty�r (ii;�ny i
<br /> actusl o-threaiened fi;•r�aficn er clsims ot any ki�d ny any pErson refa!ir�g to s•,�ch r•?att�rs;and {c)Excspt es ererously dis::fosed lo and
<br /> ecknew;edced by Ler.der in�.vri5rx;, (i) n�t�Trus;or nor sn!tenar,f,contraCor,agant or othu authorized �Uer of the Property sha�l use,
<br />� .x� gene�a�e,ms�ufaciure,stcre,treat,di�.pose of,or eel�ase any ha�;dous w�.;"e ar s�fis!znce on,under,about or from the Proper?y and (ii?any
<br />'� �,� sLCh�ctir„y she;l�e conduc;ed i�cc�^�p'iance wi;h s"appi;c2b{e�e�;era�,�.9te,2nt1 focal faws,reguiafions anC ordinances,inciuding w?hout
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