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<br /> �al."�.. Y.:�PF '__— .�i*.iY=.�--r:�.�.-- -__.
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<br /> -- -- ���rry t�����pf���q,1�er�n�ll he�e the opNars,In Hi�iwie and abiuiui.41G.ritian,to�ppSy isfl ouctt!'rocot�0. � —
<br /> --- �• dMr d�dua�inp th�r�from�N ao�t��nd��p�nu�lonur��d by ff In conn�atlon wlth�uah PrAaNd�,uPon�ny indWUdna�woured
<br /> h�rsby�nd In�uah ord�r u Und�r m�y d�brmin�,or lo apply�11�uah Prace�d�,�R�r�uoh d�luctlon�,to ths rs�tor�Uon ol th� -_
<br /> � r�;,: �� Propety upon such aondidon���I.�nd�r m�y dd�rmin�.Any epPllo�tlon ol Prxs�d�to Indebtednsn shsll not�xt�nd or po�tpom a
<br /> th�dw dah M any p�ymonb und�r th�Not�,or oure�ny dsfwll thareundsr or h�reunder.A�y un�ppll�d fund��hdl b�p�ld W ��,.__II��,_
<br /> ' ��' '' Truator.
<br /> � �....•�.ri�...+- • 8. P�lonn�nc�by L�nde.Upon the occurrence ol an Event o1 Defeult hereunder,or II aoy ect i�uken or Ispal proce�dlnp _
<br /> � �"'�''"�'� °"�""' CommenGed which mele►lelly Yffecto Lender's intereet In lhe P►operty,Lender may In Ifa own dlscrotion,but without obllg�tfon to do �.___, ,._,�,_.„T;„^.,._..:-.
<br /> �y" .� -
<br /> '.A ��'���� �o.�nd wlM�out noNce to or damend upon Truetor and without releaNnp Tru�tor Uom eny obApaUon,do any act which T�usWr hif r�--
<br /> ��,;��i '1;:�F:. ' .` apreed but taib to do and mey abo do eny other act it daems noce�ry to protect ihe secu�ity hereot Truetor ehall,immed�taly
<br /> 1. ' ` upon dertwnd ths►etor by lender,pey to Lender ell costs and expenaes incur►ed and sums expended by Lender in conn�ction with
<br /> ��`1�'`•`'"�x�' the exeiciee Dy lsnder of the forepqing rlghte,togathor with interest thereon at the default vata provided in the NoLa,wQ�ich ahall be
<br /> +���n;:�t��'+Nf� Y b � �t rtuiy do or omit to do •c�`-
<br /> � �=--�3�._' added to tiw Indobtednoa s�cu�od haraby- Lend�r sh�il�ot incur an livbdi becAUSO of anyth'n� ��`.�����
<br /> -- „.�.,�yp4�z�'`�+s�., Mr6under. p�-;.�_._.� __
<br /> � � 9. H�zudou�IWat�rial�.T�ustor ahal!keep the PropeM in campl�ance with all applicable lawe,ordin�ncea aad�eguiations
<br /> �`� ,},�+'� „ �����;;. relating to industrial hygtene o�environmental protecUon(collectively referred to herein as"Enviromnental Lawa"1•Trustor ahall r���` ;=��yt•�
<br /> - --�+ ;i;»;� keP�tfie Property hee lrcm atl subslancea deemed to be haza�dous or toxic under eny Environmental Gaws(collectively referred to �# �� :
<br /> ---�`•+`•"°?"tt! herQin as"Hazardous Materfals'1•Trustor hereby warraMs a�:�f�epresenta to Lender that there are no Hazardous Materlals on or �,,,,.
<br /> - _---=_':} '�^i,� ,, u �'--
<br /> _�'_.,— � unQer the Prop$rty Truator hereby apreea to Indemnity and r.c�tl harmleas Lender,its directors,ofl�cen,employees and apents,and ',o,=�
<br /> _"'���'°`'�•:: �+ �` :�'.'L•�� any auccesaors to Lender's i�te�eat from and agalnat any and all claime,damages,loasas and Iiabilcties ariying in connecdon with _ _
<br />- !'�i`���'+�f:�;� ' the presence,use,dispoaal or transport of any Haserdous Materiale on,under,irom or about the Property THE FORHdOINCi �:,s=`
<br />�������.',.�;jl#,. �:�;<ff�, ri:..j;- .
<br /> ,.,��....,r, � i,.,�j�r. +NAARANTIES AND REPRESENTATIONB,ANO TRUSTOR'S OBUCiAT10NS PURSUANT TO THH FORE(iOINCi INDEMNITY.3HALL , `
<br /> s�r�A�+} � ��,+i• SURVIVE RECONVEYANC£C�THIS DEED OF TRUS7. T_rm.�--
<br /> ,�rf q �.�� ',;� � +•r��t�� 10. MWpnm�nt ot 1i�nb.Trustor hereby assigns to Lender the rents,issuea and profits ol the Property;provided that Truator 'f
<br /> �� � �.�-�
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<br /> .,., .' �.,��f'f� .Y� ahall,unNl the occurrence of an'Event of Deiault hereunder,have the right to collect and rataln such reMs,lesuea and prolits as t ey
<br /> _ � ��.� . . �'?.•%;'�z
<br /> �':�',i:.:::.;.._ , ,,,,�.;.,„���, . become due on d paya b le.Upon t h e o c c u r re n c e o t a n E v e n t o t D e f a u�t,l�h d e r m a y,e l t h er In person or b y apent,with or wit ouu .,�_},.(I.
<br /> � "�<�� '''�•'�'���'•t brin in an action or roceedin or b a receiver a pofnlad by a court�nd w�ithout regard to the adequacy of Ila securiry,en;er ,,,
<br /> ,� , ;,;• , 3,,..; 9 � Y P 9, y �� � _-_
<br /> ;��;;��o�w' . ��r�������`�rtt� upon and teke posaesslon of tha PrOpeAy,or any Par1 her�eol,in Ns own name or In the neme ot the Trustae,and do any acts which It -.: �4.�:
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<br /> ��+�.�•• • :•7�.��' w• . de�ma necoasary or deairable to preserve the value,ma•keiabilfty or rentability of the Property,or any part thereot or inte�est there n, :,;,�� ����;�:s•
<br /> �•'•��'�j'�' `�u � increase th6 income therefrom or protect the securiry horeol and,wilh or without teking possesaion ot the P^ag�erty,sve IAr or y....: � �:;•
<br /> !►�,�':� :..�,`„` r,... s��.......
<br />..°,��;•""' �'•<<��$� t � otherwiae collect Ihe rents,isaues and prolita thereoi,lncluding those past due And unpald,and apply the same,lasa caets and �r,:�5 . ; ;,��,�t�,_
<br /> , �f,, ,� �,•,,�i�', "°,.�,. • , _�
<br /> � •,�s� �f,•„}.�.t•��+ ���r?.,_, expenaes ot operallon and collectlon incl�ding aflprneys'teea,upon any�ndebtednesa secured hereby.all in suCh order as lender -.---
<br /> `�°!�:�,�:;;, ' � -,T �+,�,�� ,.• may determine.The entering upon and taking possesslon o+the Property,the collection of suah rents.Issues and prollts and Ihe 7 Y ��.r
<br /> �, �� '� 1� '� � ,.rw��.;.;_�.,:.
<br /> ,`'y;;� �.� - ,,����k,h�� ��{; applicatlon thereol as atoresaid,shau not cure or walve any defaul�or not�ce of detault hereunder cr invalidate aa+y ac1 done In 1� f v ,..��,•i�-;:-
<br /> ,�...,. , i.,:iF•.r:,;;.��+'{�:�. :lt�' • {• } ::.,
<br /> � ' �ti":- ��'��•�^�;��5��.�.•�••,,�Ss� rasponae to auxh dafault or pursuant to such natice ot de7aull and.aotwithstandln ilse canlinuance in possess�on o1 the Property or •,�;%;,._ �1•
<br /> g � ����r•
<br /> '" � ���'�� "Y ��� +� �' the collection, receipt end applioetlon ol rents,issuea or prei'ns.and Truslee and lender ahall be eMitled to exerclse every right �,�_ � ,AY�a;
<br /> m;;i- �. t¢�� _
<br /> '��"�"'�• .:.., provlded tor In any ot the Loan Instruments or by iaw upon occurrencn ui any Eve�i at�a tau tt,Inc f u d in g wlthout Ilmtleuon the rlght � ���'_ {�
<br /> �� " . �"'��'��' to exarclae the power of sele.Further.Lender's rlghts and remediea under this perapraph shell be cumulative wlth,and in no way a �`�j��`"a
<br /> . . �r.'-. L_1_:__�Cllf�lf�'!._'�.����.
<br /> Ilmltetion on,Lender'a rlghts and remedles under any assignment of leases and renls recorded apefnot the Property.Lender,Trustee w
<br /> . -�.�.--�-�°'".�,-�-_=r;--
<br /> end the recelver ahell be Ileble to account only for thosa rents actually recefved. , �,y,,.,.; :
<br /> '�� `''• �� 11. EvN�ts of DNaufl.The(ollowinp shell c�nstNute en Evenl of Default under thfe Deed of Trust •� +"w;`"
<br /> . -,i.;.; � � ,
<br /> (a)Feflure to pay eny Inatellment of princlpal or Interast of any other sum secured hereby when duo:
<br /> , �' � ', �;:.,... (io)A breach ol or default under eny prov�eion contef ned in the Note,thls Deed of Trust,any ot the Loan Inetrumente,or any "��.
<br /> . � � � other Il�n or encumbrance upon Ihe Properry: -.w�:�:�":..�•__
<br /> " ^ (C)A wrlt ol exesutlOn or ettaChment or any eimflar proceas shell be entered apeinet Trustor whlch shall beCOme a Ilen on � ��; ,
<br /> ' • the Property or any poAlon thereof or m�erest Ihere�n; �
<br /> � � (d)There shall be liled by or agamst Trustor or Borrower an acUon under any present or luture federel,state or other � ��:
<br /> ' etAtufe,law or repuletlon reletlnp to bankniptcy,Inaolvency or other relfel for debtors:or there ahell be eppofnted any truslee. ,,sa
<br /> r Gr',�.r�.'�.ILJ.__.
<br /> roCelver or Ilqufdator of Truator or Borrower or of all or any paA ot the Property,ot the rents,Issuee or proflb thareot,or Truotor k: �»_. . _
<br /> =�' `�� or Borrower ehall make eny yenerel Asslgnment lor the benellt ol credltors; � . �
<br /> � � - (e)The sale.transler,leaae,asaignment.conveyance or lurther encumbrance of All or any peh of or eny interest fn the ,
<br /> � ' Properry, e{lhHr voluntarlly or involunterfly,wlthout the expresa wntten consent of Lender;provlded thet Trustor ahell be
<br /> : , permltled to execute o lease ot the Property that does not conteln an optlon lo purchaee a�d the term ol whlch does not exCeed ` •°����_
<br /> ' one year, I
<br /> • :'t�. • (q AbandonmeM o1 the Property;or -
<br /> � � . ' �• (q)II Truator is not an indlvldua�,the Issuence.sa�e,transler,aeslgnmenl.conveyance or encumbranco ol more Ihen a total ,�.;����t�;,;,.,�=�=-�
<br /> . . �N�
<br /> ; ,,:`��':. '., .�,;},i; � . �.....-
<br /> � �� percent ol(N a corporation)its fsaued and outstanding stock or(il a partnershlp)a total of percent ot S:.,��„t�:;�
<br /> . ,� ur.y,
<br /> ' " . � ��;,j�,;�"'�'.� . � partnerehip Interests dudng ihe perlod thla Deed o1 Truat remeins a Ilen on the Property.
<br /> ; . ;,. _ 12. RNnQdMr,Aca�l�rapon Upon DN�ult.In the event of any Event ol0efeult Lender may,wlthout notfce except es requlred by ,'i .• . �;;
<br /> , '!-��s;�_',.`•;�,`���� law,declare all Indebtedneae aecured hereby to be due and peyable And the seme shall thereupon become due and peyable �
<br /> � '�`'�•.•=';'• �^'•��>." without any p�eseMment,demand,protest or notice ol any klnd.Therea(ter Lender may: � • •�
<br /> ��.5�;��. ., . I .
<br /> ��� ' (e) D e m a n d t h a t T r u s t e e e x e r c i s e t h e P O W E R O F S A L E gr anted hereln, and Trustee ahall lhereatter cause Truslor's .
<br /> "� ' '_,;;,i;�;:�i�:� interest in the Property lo be sold and the proceeds to be dfstrfbuted,all In the manner provided In ihe r�ebreska Trust De e ds +��,.,�;�,.
<br /> : „'�;;�a�;`��%!:'c•.;tq��.;,, Act; � .
<br /> • � ��±.�.. _ :.6»:}.
<br /> �:.,r;:;;y.�';;.�, ,;,r; , (b) Exerclse any and all rlyhts provfded lor In any of the Loan Instrumenta or by law upon accurrence of any Event of �
<br /> };�-� �� Defeult and
<br /> ���. � (c)Commence an actfon to foreclose thls Deed of Trust ea a mortgage,eppolnt a recefver,or speclllcelly enlorce any of the �
<br /> � ' covenante hereof. � �
<br /> � • "' ,' No remedy hereln conferred upon or reaerved to Truslee or l.ender�a intended to be excluslve of any other remedy hereln,in the
<br /> � • �• . � • '��r'..i1., • Loan Instrumenl8 or by lew provided or permltted,but each shall be cumulatwe.shall be�n addit�on to every other remedy gwen
<br /> hereunder,In t he Loan Ine trum e n t e o r n o w o r h e r e a f t e r e x i s t m g a t l a w o r I n e q w t y or b y statute.and ma y be exerased Concurrently,
<br /> • Independemly or succesalvely. •
<br /> ° � 13. TruftN.The Trustee may reslgn at any t�me w�thout cause, and LRnder may at any time and without ceuse appoint a
<br /> successor or substftute Truslee.Trustee shell not be liable to any party.including without Ilm�tatlon Lender,Borrower.Trustor or eny
<br /> purchaser of the Property.tor any loss or damage unless due to reckless or wdlful misconduct,and ahell not be requlred to teke any
<br /> ' actlon In connectlon wilh Ihe enlorcement of thla Deed ol Trust unless indemmfied, in wnting.for all costa,compen8etfon or
<br /> ' =`' "- ' . . . . _ �______�.....a•�........uti �n orlrllllnn Tr��arwe mav become a purchaser el eny sale ol the Property UudiCfal or
<br /> ---°-' �
<br />.__,._. _ . . . i .—T-�---- expenses wnron��inr vo 000....�..,�.....o.............__-'- . • : .
<br /> � l.�.',� , under the power of sale granted herelM;postpone the sale ot all or any portlon ol the Property,as prov�dea by Iaw;or seii�ne �
<br /> Property as e whole.or in seperate parCels or lots at Tr�Btee's d�scretlon.
<br /> � ��'• t4. F�es and E�p�nta.In the event Trustee sells the Property by exerc�se ol power ot sale.Trustee shall be entitled to epp�Y
<br /> �.'�;' � � , ��i,�d;}�: a�y aaie proceeds flrst to peyment ot all coats and expenses of eKercisfng power of sele.�ncluding a�l Trustea's tees,and Lender's � ; ;"• �.�•
<br /> ?`';:.,;. .��i.),;_,�,._,r.::� _ .
<br /> • :.,�'•�.�`?41�.�.�;;;-;',; and Trustee'��ttorney's leea,acWelly incurred to extent permifted by appl�cable law.In the event Borrower or Trustor exercises ary i•. •' •
<br /> i•,2,,'�,��,���1,��.F�G,'.��,,,,;�:, re$ht prov�ded by 18w to Cure en Event of Oelault.Lender shall be entltled to recover Irom'i rustor all costs a�d expenses actud:'u .;' s"�' ��%" '
<br /> "''•s`��','t �'i"y•�% i r e u r r e d a a a r e s u l t o f T r u s t o r's d el a ult, mcludm g wdnout IimitaUOn all Trustee's and attorney's fees.to the extent Rermdted by
<br /> .:';,'„�,.1��,�.)j.�t1,��.�,,t� �.
<br /> ,,��,, . ;,1,;��,I,;� aPPlicable law.
<br /> • ". � - : 1':���,•��, 15. Futun MdvaneN.Upon request ol Borrower. Le�der may.at Its optlon, make addlllonal end tulWe advance9 ant!te-
<br /> - � .' ��r�`''• advancea to Bo►rower.Suth advances and readvances.with mterest thereon,9he11 b8 Secured�u th�s Deed of Trust At�o Urne 9�:�;I
<br /> tti:'�;
<br /> ', 1 :i : .+��•: ' the prl�clpal�mount of the�ndebteclness secured by this Deed o�Trust,not includmg sums z.�v.a�^;.etl to pro{e¢t�hA f�ct fnry tt"S �
<br /> pY6d Of truSf,lxCeed t�C Or��t�af�p�mCip�l amCUnt state� here�n.ar$ 80-Q�10.OQ wn�cnever�s qreater.
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