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<br /> . ��w.ti 1 V
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<br /> fuRh�r, tht� Tiust Qeed mey. et l.cnderi optlan, �e dechred immediataly due end payable it (1) 8orrower Is a
<br /> p�RnanhEp�nd sMis or e�t�igns by any me�ns wh�tso�ver�ny p�rtnenhip tntero�t,or(21 ff Borrower is a carpor�tion
<br /> _ aod 8or�owet or IU para�t corporoti�n atll�or estlqns hY�ny mqn�wh�tsnev�r t�.a. 96 0�mort of the stock
<br /> _- of th�oorparn(on a� p�cent corpor�tion or Et s�W f3orrower ar iu p�rent carparition mr�ga� in any forrn with
<br /> ' a�ath�r corRontion o�mtity,or(31 it 8o►rovrer I�a co�pw�tton�nd thtn Iti�ch�ng�in th�msjority of th�mart•
<br /> Da� 03 ttia B��rt3 u!�I�cct�ts ot M� Boriowtt er itf p�r�ti corpor�tion,or (4) if B�►row�r fs a corpontion snd
<br /> th�i�a ctur� in:l�a per�o�n of Cht�t Executiv�Otficer ot s�id corpontion or its p�rent eorpo��tion.B�ficiuy
<br /> �tyll h�v�w�iwd wch option t�acai�r�te if.prior to th��Is�t�an�far or convsy�nce,8en��icir►y and th�pe►�o�to
<br /> whom t� prop�rtY i� to b��old o�tnn�h�nd nach w�wmmt in w�itin�th�t th�cndit of wch pK�on li utic•
<br /> fie�ory�o Sauflaiuy u�d thst th�inttnst p�yibl�on th�wmf�cund by this Tn�n peed shsll b��t:uch nn��
<br /> 8�ficJ�ry ilfall nqupt .
<br /> 1�. Aocdu•t�n unqn O�fwlt; R�mediK;Sale. Upon default by Tn�ttor in th�psym�nt af o�p�►tormuue
<br /> ot th�LKm�sad condittons ot th� Nots,o��ny n�n�w+�ls.modifications or�xte��one th�nof. or th�p�ym�nt of
<br /> � any otfier ind�bt�dntss tecund h�nby or in th� pKform�ncR of any of the cov�nantt o��qra�m�nts hKaunder.
<br /> B�n�NcIW may d�clu�dl sum�searod h�nby imm�diately dus aed p�y�ble and tha�m�th�ll thKeupon b�oam�
<br /> dw�nd pay�bl�without prcs�ntm�nt.demand�protest or nottce of�ny Y.Ind,Thereaher,Bt�eilciary msy d�liver to
<br /> 7rustN�writan decl�r�tion of dehult �nd d�m�nd for s�le. Trustes shall have the pawer of sale of ths P�operty
<br /> o� if 8�seti�iary dscid�the Prol.+erry is to be solci it shall depc+a�t with Trustee this T►ust Deed end tha Nois or
<br /> not�s uid any oth�r daumenU evid�nciny expendituns secured hfreby,and sh�ll deliver to Trustee a w►itte�4 notice
<br /> � or d�huh �nd�lection to c�us�th�Propety to be sold.�nd Trustee, in turn,sh�ll prepsre�simil�r notia in ths
<br /> ' form rpui��d by Isw.whtch sh�ll be duly flled for record by Trunee.
<br /> .(a} After th�I�pse of such tirt�e�� msy be requi�ed by law followi�g the recorclation of Notice
<br /> of Oef�uh, u�d Notic�of Oetault and Notice of Sale having been given as requi�ed by irnr,
<br /> Trust�, without dem�nd on Trustor,shall sell th�Property in o�e or more p�roels and in
<br /> such ord�r as Trustee may determine on the dats and at the time�nd pi�ce daignatetlln ssid
<br /> Nmtice of Sala, at publie�u�t�ian to the highest b�dder,the purcfisse price p�ya6te tn psh in '
<br /> liwtul monty of the Uni4ed�States�t the time of»le.The person conducting tlhe s�le msy, � .
<br /> for�ny caus�he or she deems expedient. postpone the sale irom time to tim�untit it shall
<br /> be complKM as�d,ln every s*�ch pss,notice of postponement shtll be given by public decl�• �'=:
<br /> ration th���ot by such person at ths tim�and plaee tast appointed for th�s�b;provided,if
<br /> - 2=io�i��'s jw,:M�+i�w�v:S�FiyvT c�i�ii 3iii;i=u:ji w�i�i�u'aia v:r v89ty'.—wi�o;i�:a�i�a i�'v'aic;+v� �
<br /> Sale. notic�thereof shall be given in the s�me manner as the original Notice of Snle.Trustee
<br /> � shali ex�cuta and delivsr to the purch�ser it: Deed conveyt�g ihe Propsrty so sold, lwt �
<br /> � without any covensnt or w�nsnty, expres�, or implied. The recit�ls in the Qeed ot my
<br /> mstt�rs or facts sh�tl be conclusive proof of the truthfulness thereof.My person,includtnp
<br /> without Iimitstion Btneftci�ry or Trustee,msy purchase at the sals.
<br /> (b) WhM Tru�a aAlts pursuant to th�pawen htreln, Trustee shall apply the proceeds of the
<br /> s�l�to p�ym�et of th�cosu and expensts of exerctsing the power ot`sale�d oi th�s�l�,
<br /> , includtrtp,without Iimitation,th� payment of Trustee's Fees incurred,which 4rust�e�s Fees =
<br /> shstl�ot tn the aggre��te exceed th�sum of Five Hundred snd No/100 (t50a00)phi�1/2 '_
<br /> ' of 1%of the smaunt saaired hereby and rem�ining unpaid and thm to the Items sat forth
<br /> in subp�n�raph(c)h�rwf in th�order therein ststed. �
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<br /> (c) After paying the items specified in subparagnph (b), if the ssle is by Trustee,or the proper j,
<br /> court and other cost;of fomtowro �nd sale if the sale is purw�nt to judicisl toreclosure, ' -�-
<br /> th�proce�dt of stt�sh�i1 be spplied tn the order stated below to the paymmt of: r -
<br /> (�) Ce�s et �n� •vid�aes b! titl� proeut�d is eone�ecioe vicfi �ueh �al� and of any
<br /> s�v�e�� r�4rii�i ts ti• �aiJ;
<br /> (2) Attesa�r f���i .
<br /> (�) Ali •ra� tl��• ��eur�d h�t�Dyi
<br /> (�) Ju��ar erwe du/s, �ose�a��a� or ocAar 1i�nheld�s�; aad
<br /> (S) !l�—s��aind�r. i! anp. to cb• p�r�on 2ss�11� �etlt3�0 th�r�to.
<br /> 13. Aclditional Securit instruments. Trustor, at its expense, will execute and deliver to tho Beneficiary,
<br /> promptty upan d�mu�d, wch s�curity instruments as m�y be required by Beneficiary, in form and substance s�tis•
<br /> �iCLOry �0 BM�flCiuy, epveriny �ny ot ths Propeny comreyed by this Tnpst Deed, which security 'rnstruments
<br /> �h�ll h�sddition�l seeurity for Truttor s f�ithtut pertormanee of al!of the ttrms, coven�nts and conditions of this : ._�__---- -
<br /> Trutt OMd,th�promitfory not�s secured henby,and any other.security instrummts executed in connection with '
<br /> this tr�ns�ction.Such instrummts shsll b�rccotded or filed rt Trvstar�s expersae. �
<br /> 14. Appointment of Successor Trustee. 8eneftciary may, from time to time, by a written instrument exe• � ;
<br /> atad �nd aeknowted9ed by Benefici�ry, mailed to 7rustor and rocord+�d in the county ar counties in whlch the �
<br /> Prop�rty is loqt�d md by othin�vis�complyinp with th�provisions of the Appltcabte Ia�nrs af the State of Nefxaslu
<br /> ! subttituh a sucx�s�ar or successors to the Trunes o�m�d herein or actinq hereuc�der.
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<br /> 15. Inspections. Beneflciary, or it� �gents, ropresentatives a� workmen, are au*.horizcd t� e�nter at any
<br /> rfafOMbt�tim�upOn ar in any part oi the Property�or the purpose of inspeeting the same and �ar the purposo of
<br /> p=rEcrmlr:,�any of the:ttc it is�uthar�zEd to pe►torn u nder the terr�is of the Trust Deed. � -�r
<br /> F2ev. 7/84 Parle 4 t�!G �
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