• :.i-
<br /> - � - � , , i���E'..� �•i
<br /> �
<br /> � �. . . - .. ..� � .�i� .. � i. _ ... . .. . .. .._.,. ...i.. .�. ...��..... . . . . . ...... ' '_ _ ' .
<br /> . . �'.. .'.-.. ...... .. _._'.....:L.S_..""...... . .�.. " -
<br /> � • cp TF18 U"riIFORl1 CC'�!"�RCIAL CODE. Thls Dccd ot Ttust shall b�consid�red and bo ottecthro as a flnancing :
<br /> 20. SECURITY IPOY&REST UND �
<br /> � atntom^nt and A IIMuro tlling purcuant to tho provi�ions o^ioh�o�rtod otCh rot�flc�r tta�to or�ro bo usodhn connoclion with 1ho Pr porty t aolhorwlah ��
<br /> covedng Oxturoa,ehnriela,nnd Mlc�os of raonsi ptoparty, a+ �
<br /> ho 3ranto�r d��Ib m�oYO�°sn o'nooa�r��,�v u°�o onoan�o ao a nn nd g�at tortto t�tiled a e(Ixtuto lillwng wllh r°t�st I i��I��uro�a InGudodbvi�thin , , . .
<br /> aold promlaoa and lu ro bo(Iicd cetiva aroa Onuncing s a omoniroovorin9�othor ph��Trrlaoo a�nd masy bu tllod in6eny othe9 e�ppdtoP�atoaGlingnorero�cordin�g � �
<br /> ocod c}Truo�onan mco b�oU
<br /> " oHicc+. A cnrbon,pnotographlo or olhnr roprod��etion of thin Qcod oi Truut a'of���fin�nd��6 tho 4andar�idtgsalbud abovo�UPen do��mand,t3ramor hai81
<br /> tlnandng utatorr�nt lor any ot tho purpo3aa rotorTCd to In thie P�graph• ) y „
<br /> I ne�coouary o tPr P��'�oqulr6cd to g�rant to�ndor�o��ifactcd�cocu�ry Intoroni i�n tho Ch tt�le�a�nd upo�rr�antorCe failuro t do so,Len�dar Ila authodzod o ,
<br /> aCammoid Codo)r+lthn oopott to ho Che�ota�at eny Umo,ui h ut hQ a 8�m°ro otraran�ror.�(�ro��,or wili,owovol nt tin�y�t rtr�t�n requesflloi�lolndnr. � , Y
<br /> r�aovadng the Chattois,ihon
<br /> � alfln such Iinanclrtg atntomonis. arantot will pay e�l Fllfng foou(or tho fllln�of such tinandng statortaMs and tor iho rafliing thoroof at the tinpa ruqulrod,In
<br /> �:, tho opin�on of Londor,by aaid UMlortn Commordni Codo. if tho Iton of th s Oood of Truat bo aub}act to any auwtlty e8►oorr� , ,
<br /> , •�� "' in tho ovont�hor wit�h tho bo olit of�y daPosits a►Paymomshnow�orhoroeflor�made he�reof by 6ramor orn he'predo s'suna�°rlsuce°sa°eg Ingtlteo of ^
<br /> . Londo►,tog
<br /> . arantor in tho Proparry.
<br /> �1. RG!lHURSEMENT OF A[�UNT8 FJtPENDED BY LENDER. Londer,et LcndoPa option,may oxpond funds(Induding attomoys'tees and lega� 1
<br /> ' ,� shell I Srran��a oly ro mbu►se L.c��r f°r ail�such e�uMo o�nd1ed hy Londor og�thor withr irneresh eroon at�the tov er�of the highoat�o deucribed In�any
<br /> ObAgatlon or the highest rate allowed b1r lew irom tho dato of paym�m umll tho dato of roim6uroom�nt. These sums shall bo included in tho deflnition of
<br /> Ob;lgatlona horein and shaU bo socured bY tho benefldal IMeroat tod horoin. It lhe Obligatiane of lP������o�s a�rio��ho bciglnnl�ng ot publieallon af �
<br /> ea�o,as horoin provldod,ar in the event 4ander shali,al its sole opt on,pc�rmit aramor to pa any Part g
<br /> ' . notia�of selo,as horein providod.thio the tto�moha fa tho Truateeand tor the Looder�,�a masonabia fee to ihe Truetea�end thils Doed of�TN�tslhell9be ,
<br /> Including reasonablo attortroys'leea Y � ,, '
<br /> � soqirity for all such exponses and fuos. g "�..r��=
<br /> avk!ed la in thp I7eed of Truat. ��' ,• .
<br /> � 22 APPUCASifN�i�F PAYRRAEi�Tt3. Tho TN�too ehell�y tho pt00BE3d8 011h8 tN8180's ealo 8rat,to the coste and exponsea of exerdsln the power of
<br /> ,� s a le an d o f t h o s e l e,i n c t u d i ng i h opa y m sm of the Trustso's oea aaival1y�nc�rcod not to e��xa�d��p do d s o f tnist,rroy 8 8 s or other ilanho�ddrs,end tho
<br /> • seoond,lo paymonl ot tho obilgatfon aecurod by the Dead oi Tniet,ih(rd,ta t h e payr'na N , . .'��,.r
<br /> b a i a n a o,I f a n y.t o t h o p e r�o n o r p o r s ons l e g all y ontitled thereto. .;+.�..
<br /> ,. , „ ����i gEo ho OWI�tRions or Oe�ed�of Tnisi. n addition�Lendar shanll b�e on�lad,�but not�ioqulred,to pedormnany�s�tlon or�axaato any doww�nt ,f� .,.�
<br /> . �Iloy ptren or ham anyQObll�gati�on u curo�anY d�faull undo r hisf De�ed�of Trust�Alf pwor�8 ot ettomoy de a,ib�od in ihls���o�od�ot Tn�ist er o c�oupiad w�i�th an �i," '�"'�'<
<br /> . . interost and are Ircevocab�e. •��","�'�
<br /> � ' gp, gpgpOSiA110N OF LENDER. Lendor shall bo subrogatod to the �i�is of Ihe holder af any prevlous Ilen,ac�eurity Intoreat ar uncumbrance i�•��
<br /> �11'
<br /> t.�,!.•
<br /> disohargad v�flh funds advanond by Londor regardlass of whother those Ilena,sooudty IMoroats or othnr encumbmncea havo been rel¢ased of record. ,,!?�w'.:.-'
<br /> .. . r;`5'�,v�,.
<br /> ; ° � '� 28. COLLEC110N C08T8. To tho extent pormittad byr�aw.C3rantor a�oea to paYd�e��ns��°8�°wh�heiAOrenot uu�aomeyt or egant�is�en •,i�'•?'.:'
<br /> and oosta ot attomeys and othor egema(�nduding wtthout Iimitaqon parete8e! ht or remady undor this O�d ot Truat,whother or not � �
<br /> -. ari—�� !Lens�r.�rh1c+!�Aro incuned bY Londer In wllnaing any emourrt due or anford�a�Y�ria��at•g,dgrnem aolloctlon acibna. ,,,1�..
<br /> � " ' sui�la brougM,Induding.hut nc1 Ilmlted to.ait fees an0 oosts inwrrod o*�eyE+�d,tn�p�,. � -.
<br /> � pu g k'•-=='�
<br /> � 28. PARTIAL RELEASE. Londer may roieaso ils imerest In a poAbn of the No hing heryeln sha�ll��andoumad to oWi p�sIe Land r o e�e�ess en1�°t��s ��,�
<br /> • �, p�om�c�yanoa without attecting its IMerest in the rom�3ining portion ot the Propedy. Y�by Ihe Oend of Truat remain In o8ect wlth rospoct to .�:�--
<br /> ' Imerost In the Prop�trty(except as roqundor Ns Deud of Yrus�The Iion yer�d saoa���hrteros�t u a ���,nor ahall Lendor�e abllgeted to reioaso any pan c-='—V
<br /> It Qrantor I�in dotault
<br /> P
<br /> of thu PropaAy `".°""...
<br /> �•�� ihat ponlon ot ihe properry,as doflned In the Doad ot TrusL that Is nol the eubhiel ot t Is ot any PeAlal Dcaed o eoorneYanoe ----.,
<br /> � �k....
<br /> .':;; �m�ad in�n w�inN AgNnod by�l.Vonder.rnl.�ondo�r rrr�y�podorm enY ot Bortowot's�or�aranto s�Qbligationsp}�doa�or�fall to ox erdau�an yoths�T�NhtStor ac�oo�W
<br /> '�� a ►rto iror arantor or enyono othor lhan Caremot w8hout causlna a�o�Truatf shaln��attatc�d if lendor erronds�°no o m sl sn X���e�s�,lalla to �.��.
<br /> re d
<br /> . � a w ver on any othor oakasalon• C3rarria'8 Qbl��°�'s undor thla Oo y ��=••�;-
<br /> ' � ,�„ oxordse,imp5lra ot roloncos any ot tho Obligat ona bolongln8 ta e►►9 C3rentor,BoROwer or third or any of fts d �ts nbt an C�rentor rtowor or � .
<br /> ' .� wird party or any of tho Proporty. I.andots faNu�to inWat upon stdct pedom�anoo af eny of tho tlgattona ahatl not dvortad a waivor an�l.iandor ahall �-=_--
<br /> .�°,• �. havo thu rlgM at any tlmo tho�eatt o r t o i n a l s t upon s t r l c t p c x f o m n n c o. �_.--_--
<br /> . �_.�.., . Cm�=�...�--
<br /> �'��1v�
<br /> ;E::;�S, ° 28. SU887RUTE TRUBTEEa 1�d�° U�xisBu��ita tio d�i of Ehos�iig�atloris�2oahro a eny re�Inn to romovo t8h�o Tru�o�r�►y1a Bstftuto iru te las �=�:-_=---_
<br /> '. .,�: etato whoro tho roal proporh► ons is horob ed tuM powor to eppoint In w�itln n i,:i_�
<br /> „r uusWo horoundor and to eppo�nt a nov�trusloe in hla aaa�erM stoad,tho ho►dor ot tho Obilgetl Y 9►� _
<br /> substHuto truatao for eaid Tnntae,end th�e aubstitulo trustao shali,whon eppo�mi t�°boo� �tes and obl�gairlonsahore7in800nfoReroid on�thoe Ttuatoo T�rust�l �"`°°""
<br /> � � ,. •, yaoomo vosted In him for tho purpoaea ond obja�ts of thls Oood of Truot wHh pow po �,:;__ _
<br /> ' :+� shall not bo Ilab!e tor any ortor of ludaram or act donu by 7ruatoo.a bo o�ho�A o of fho sl�e a horo��e d fl upon 1h�oc0o�od ot Trus1 for�dobts =
<br /> � `�:`:��"� Truatoo ehall not bo poreoneAY Uablo fn caso of omry by tt or enyono netinp by p°'^� h��a tho�ight to ro on an Inatrurmr�, ��=�__
<br /> �`r•`;"�;. oontraeted or Ilabllity or d2m�goa Incumad h tho mane�morrt or oporation of eald prortisos, ruatoo aha y : .�,
<br /> document or stgnawro authodzmg or supportin8 enY act�n teiwn or poposod to 6e itilwn by t1 horoundor ot bo�levud by tt in tslth to bo genutno.
<br /> . � TNatoo shcll bo ontHiod to rolmb�ursomorrt tot oxpo�ntor�wlli t�rom fimo�tohtlmo Pay aompo�s�et►w►��du°Tru��oOrhorounder�and roirt�urso Truetee�tor an�d �'"�Y
<br /> of ns s�rvf�a horourtdor as chait bo rondorod. i� �o�n�whatsoovor Incurrod by M in tho podomnneo ot fta dutios. �'Y==
<br /> � eave cind hotd tt hamdosa irom cand eSalnst any and d�toss,coat.Ilaality,�art�9� �'_��
<br /> n ...--
<br /> .�';���; �� Ali monoyra�ecelved by Tru�too ahelf.uMil used or spptlad as horolul�u�dad.bo hcid ln trul�twor th�e�!Nr�osarohaii be undoi no abl�llry�fo�►�inie esi un�eny t== -_
<br /> •��!` bo sc�grogat�d in any mannor irom any othor mcno toxcapt to tho oxtom requlred by ) T —
<br /> r, �•tf; °.,-_--
<br /> t�!,�. ' . .
<br /> ;•,.,. . � monoys mcoNad by 8 horwmdcr. .��;�_
<br /> ..:..,�,. ,
<br /> r:..._.�_,._
<br /> <•-,.,-
<br /> 2D. SUCCE880A8 AND AS81tiNS• Thle Oeod of Truat shoM bo binding upon artd Inure to the bonoflt ot arenter and Londor and thoir rospoet o cr Y'
<br /> eu000asore,assigno.uuateos,rcooNore,adrtinistratore�Pu�sonai roprosorrtcitives.tegatoos and devisoos. :°_
<br /> , i �i���loa at�o a�d�oa�ha��b�od�i n�i h s Oaid o t ni ts�a au t�i o h�nd�droas a4�p�artioa rtlauyndar�h9nuto indy�l�9 8�I m o t o tlmo�A r►Y u u d� '....�_,.
<br /> ,:`��,;,�;!� not�eo s�o gtvon end com by 8rst dnss mai►.pcata8o ProPald,shel�b°deem�d 6�van the oaAtor of thros(3)daYe aflor such notlw la cord at�vhen r000lvod
<br /> '',:',!�'• ' � by tho porFOn to whom sueh notloo is beirtg gtvon.
<br /> ro
<br /> t, 91. SEVERAB�lL,�ITY,t m sl D�ood o}�Tnis�t�vld tos tho�taw o is un 0 o�rarablo h ro t�t tti�q�o d ol Tru�t slialtb corrtinuo t�o bo vNld end ontor�a�t W���o
<br /> taw. �t ar►yr pro
<br /> ;r�...�
<br /> 92, APPUCA86E LAW. Thts Daod ot Truot ahali bo govomed by tho laws of tho atato whoro tho rea�proportY is tocatod. Un�aso appllcaWo law providou ;�
<br /> ` - othonerito.Cirarrtor oonsoMs to tho jud�dt�Jom m�d vonuo of any aourt eo�oaod bY Londor.in ka solo disaotion.loeatod in that�tato. ,' ..
<br /> .. ._,_ ... ._..� �ra�rr,nd ta m,nmiae ot dichonor and '
<br /> �:arprt.- �avrra
<br /> __
<br /> � 33. 11�18CELLANEOUB. arentor nnd Londor agroo that umo�a of�v oasanoe. G�m�tu u^:cs� _ _—
<br /> ----- - -•----.�._.��,..�eW eu.otaronms to Orantor in tda Oood ot Trust aheli indudo all rsons signing�ov.�lf 1�ro�ro t���nino to ,
<br /> .__-------------- -- OSIO ao� wp...... ._.._ _ �' -----"-- �----�� �
<br /> otrObliga�tonocsha�bo�1mnndcovcra�. ThisDoodofT►uat reprosontom000rrpo�om��va�.���.�.a�^^�--.°__. _.— _-
<br /> � lho tonns and aond�lonc hitcot.
<br /> ' , 34. NO taNlo�of tP.oA�r aRio IMt ondcd copoty for�tho bertof of lo�rdar�d tro lhird�pa Aoyf shalf bo omiil d to�aasu�mo�or ox Bpc�ict�ha�Lendor�v I notbwn�M�o or
<br /> Tnis ,��{�ot thfa Occd of Trust,In londora solo dfse►otion.
<br /> ° oonsont to jho moditieatlon ot nny pro ,
<br /> . . �rcon osac�p n porcon oxprc��cly�O o�a^�dPAt r��p,�for�tho�y Nrro��n�Ifa�bliky�otoo�f�tho�r�Mi�qattona end wnho�affueting t�ho rlghin ot Lan��or t1h �
<br /> ( xpr s po ot thia Dacd ot Tast ovar tho Irrtom�t a�ar�y po�son
<br /> mspat to nny Prot�om not oxprosrJv roloasod in wr(t(ng,attd wlthoui impaldng tn en�yway tho prlortFy p�llgatlona. ,
<br /> ' a imd or flrot ovEdanood by r000rdfng aul�oqumillo tho ro�or�n8 af thlo Oocd ot Trus4 l�nd�r may,oithor boloro or�ttor tho r�studty ot tho
<br /> ' cu��wBhout notloo or oonccM:ro�oaco nny porson itablo tot ��n oxords�o o�r m�t►ate hom o�xoyrda�ing or wa�v�o�a�ny�t�it o�r ro�tn�r that Londor�rtcr.„iy hatvo .,
<br /> ' tartro ot paYmont ar�p�rtortnano�ot all or any p�ot tho rry
<br />- undor tho Occd of TNat;a000pt addition�a�s,�oicu�tY ot any Idnd tor any ot tho Obilgatkons;�roloaso or othorvulco do QI�'����a�b a�oq�u�ri�c(�
<br /> � " IMa�roMBorhraoo►dingttany ov��nooa thorc�of,iO ha�iro oonsaMad ro nlI or�any aunoh acUonu by londo aturo In tho ProPonY
<br /> .,
<br /> �•� Pcpodd0
<br /> NEOOtD Ra.1297
<br />
|