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<br /> .. ' r 9threat�oned aet�lon Iu�or other•'�Proceed��9 Nrct�n8 me Pm�perty. a�g hrobyonppo��d r�°°��°�nm oy de Icc1f o con�no�,�in orv nn�tn and � �
<br /> defond sueh ealona,auftn,or othor IaQal pr000adfngs end to ear�ptami�o or catllo ony etnlm ar oomravem� rininfn0thareto, londer ehatl not ba Ila41a ta
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<br /> (3rsntor foheroi�III n�°ver��t•l�n e►hom taWnB tho�actlon�fl don�scalbed in thia�:rCgra�h i�n I�t9 awn���ot cny d1m:Boe roeullinp tharofran Nmhing -
<br /> eomalned pre
<br /> ---- • '�- 12 INDF.NWiFlCA710N. Lender shait nm assumo or bo reaponethto for tho peAom�anoo of eny oi Qramoro ob;iBatlona v111h roa�at to tho Ptop�ny undor _
<br /> eny dreumsteness. Qrarrtor Ehali imrrtediatety provide Lendor with vrtitten noYa�of end Indermtiy ond hold 1 ender end Its�hare Idon,drootoro.otlioere,
<br /> cny�oyc�and a8=rrta hom+•3AS ham ell dairtr�,dam�800.Ilabliftioa pncludinp attom�ya'faan and fa�!oxponeoo►,cauaoe of nctton,anttonn,auitn and
<br /> othor legai proaeed►ngs(eumutathrely"C!alms�porteintng to tho PropoAfr And��,tlt not 11r�c.fl omoya'toen�lat$:J 01i P t09�R'd O1hOT OOL10 RCUT�►rod�n �:=.
<br /> '�• t h a requa s t o f l sn d e r,s h a i l h i re t e g s l o o u n s e i t c d e t o n d I.e n d e r f ro m s u c h C I P e Y __
<br /> wnneetfon therewHh. In the altematNa,Londot shall ba arNtlad to omptoy fle own togal o�unso t to d a fen�s u t h A U m s n t t i r a n t o r o c o s i• C�re r�o t s � �
<br /> _��i•;s .' obli gatlon to Indortni f y Lender under thio para�aph ahaH su►�'ive tho tartNnailon,mlenso or tcrcctosuro ot th�e Qoed ol T�uet f
<br /> 19. TAXE8 AND ASSESSMENYS. Qrentar shaU pay eIl texos end assessmeMa relating to Praperty when due and Imrodint�lrpto v l d a L o n d o r e v l d e n o e �`:
<br /> ot paymom of sama. Upon the request of Lendor,QraMm aheU doPosft wfth Lender o�ch month one•twaiflh t1H2)ot lhe��lfmntt�t►�nual insumnoo }
<br /> prsmtum,tazes and aesessrt�errts pertstnlng to the Prope►ry. So long us there Is rto deteult.those amounte oh�7 be npptl�l ro�hu pA�rmnt oi taxoo, !;�;:_
<br /> � assessrneMs and Insuranoe as re4uUed an tha Propeny. tn tha ovem of d�toult,Len�r ehaJl hevo 1ho d�t,at Its ao;e optlon,ta c�ygly the unds so hsid to �`w..
<br /> ``=y. � PaY�Y�a or egainst tha Ol�111gations. My funds epplind msy,at Londe�s optton,be epptled In roveroe order of the du�6at�Ih�root. _.
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<br /> 4 14. lNBPECTION QP PROPER7Y�BOOi(S,RECOADB AND REPORTB.Gramor aha?I oilaw t+ondar or he ct�iente to oxamin�end Inn i ths roperty
<br /> '� end exartdne,inspect e►M make�Sg�!of the�signawros end in�rrnatlon�oo�rnelnad in Gte�rtto�a bomoke and�teiao�rd e heqQb�pmuUe,:tr�us�nxnisi ete e�d
<br /> ' • �equired b�tsnder br thesa purpo
<br /> ;,-..�. .�; aor�tote n mi respects. C3rantor sha�noto the existenoo of Landefs benefldat Ir�ereat in Be bnoks and rocords portaining to th�Prop�fly.Addlllonelly.
<br /> a::°. ;,..,.;� Qra�itor shall►eport,in a brtn eat�sfaacry to Lsndar,�uet►infomiatlon as Lendermayroqueat regarding Qrantor'e Menatal aonditlon ot ib Pro Ths
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<br />�...:x, _._ p�tomiatlon eha�9 be tor such pedods�shall reflect Qra►dors recotds at such Uma.er�d she�l be rertdernd with euah 6'equmoy es tar�d�r my d�t pntts. All
<br /> �;tf;' • .�,�, U�tomiaUon tumishad by tirar►tor to tsnder shall be uua,aaurato und onm�teta in all�espeote.ond olgnod by Qremor If Landor requtaU.
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<br />:�'.'.>„r.. ;=�,?s ast b Lertder,Grantor ehall da1Ne►to Und�r,o�en Intcn�d tramtrrN of Vn�f�
<br /> :4U,;:. 16. ES1'OPPEL CEFiTiFtQATFB. Within ten(10)ciays after any repu Y g 1ge
<br /> �;� :. � � dghts w8h respect to th�CM�tlgatfons,a cigned artd aoknowtedgad siatemeril apadiying(e�^e and it 8oR the nn�wr�o ot�oh�(almi delon asbaet�Ie or
<br />,;�.; t•_,,�!�. pra�rtorpoasesses any deims.defenses,est-0He or courrte►datms�on����f�y�to the imended trenslsne�ulth respacl to thea malte�s In
<br /> .-'!�,- . eow�terdaims. Qrer►torvillt be oonclusiveiy bound byenY rePreso
<br /> '%:;' ` the event that arantor falis to provleie the re4uested statement U a tlmely manner.
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<br />':�=;�Ir;R•=;1. ;�; 16. GEFAULT.arantor sf►e11 be in defauft under thls Deed of Trust and the Trustee e pawer shal beoome operalMo in the sver�th�t mrartta,Bonow�►a►
<br />;;:�r�T,,,c y .. .-; sny gusrat�tor of the ObligaUons:
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<br /> --:_M ' (e)falls to pay emr ObitSa4►on to Lendar vrhen due; or������t����n Ihls Qeed of Truat ot eery eih�r pia�ent or tuturo
<br /> � �b) felis to perform any OlSlgaHon ar breaohea eny werrentY
<br /> .'W; ��m% � materla!respecl or subjaete the Proporiy to eelturo,wnflsoation,or aondormaiton;
<br /> (a)dastroys.Io3os or dama8es the PropertY n arry
<br /> '- -��= teij sae3ro to�o,ta�rs:"is as o!�!°-°�r�t�"�'uny under any aueranb to tsnder, ivf ti�i�!!t a!�ixe.S�!!�+�Y �
<br /> "`"=�'- ��a�� (o) dtes,beoomes Iegaliy inoortpetem,ta dissoNed or tem�inffied.beoomes Insolvarrt.m3Kes an asei�mwd -
<br />'�^`"3��a�� de�s as they become due,flles a peetittton undsrlhe federel banlwptoY lawa�haa e�fnvoluntary petillon in b3nlvuAtay fl�ad In which Qrm�tor.8artowa
<br /> -- ----`-��' or any guerertor la hamad�or has propeR!►taken urtder eny HMt or p►aoe�e ot ooun�
<br /> (� ailows goods to bo used,trenspa'ted or stored on ffie Properiy.tha posaeaaton,trensportetlon�or use o!whleh,le Ilieattl:
<br /> ;L _..�:�.� (g)aVows eny pany other then Grantor or Barrowor u assume or undert�ke any Obligatlon wrihom or if Lender t 9oad fe�lth(or ony nuon,b�iNvn
<br /> -=.,�o;�� (t�).causes lendsr to deem kseli insaaire due to a st�iflcant ded�ne in the vstuo of the Ptoperiy:
<br /> _ __-�;� thffi the praspe�of paymerrt m pe�Omianee ts Mpalred.
<br /> --- ` ���� 17. RtGg�OF L�oDE�O�e���s►�equir d by���r thia Oeed of Tast.Lender nheli be smitlod to exetofas on�or mon oi th�Id►owlnp
<br /> -___:_---� rerne�o
<br /> (a�t�dadare the Obllgatlons imma�ately due s n d p a y a b te(n l u l l;
<br /> --_ (b)to wtlect ihe outstanrYng Oi�lllgations wlth orwithoul rescRU�g to Juddal prooeas:
<br /> -- (a) to ro4rire Cirantar to deUvor er�d rr�a1m aveliabte to Lender any Parsona!P►oPam+or Chatta;a conatltNln9 th�PraAtAY at a pUa�uwtt�blY
<br /> -- oonvenier�t to CiraMar end lender, tor or oEtaninp the appolnUner�t o}a�eceNer end,at LNxlN'�opi{on.to
<br /> (� to er�ter upan and tala�Pcaeesston af the PropeM wlthout apptYin�
<br /> eppotrrt e�eoeNe►wfthout bond,wlthoat 8rst bdndn8 suk on the ObIlgaUons artd without othetwise meiting anY etatutaY�Ion��p
<br /> �rere,tt boing trtended that lender shalt have thls oomraeNai d�►t to a�ppotm a receNer,
<br /> � (e)to employ e►�nagln9 eg�tof ttse Praperiy artd lat the sorr�.either�T�eO'�s��m ot e�t neooaserY charges and��ue��acaw�rt�
<br /> =_— - reoeNe the centa.Inoorros,issuea and Profrts ot the P►eAertl►and ePpM
<br /> _—'� the OBittgat[ona. � ot thts Oaed of 1Yue1 or to our�eny d�itutt oit�r tt�n
<br /> -- --�---�- (fl�P�Y n►�Y sums tn any fortn or mannar deemed e�edtent by Lendar to protect the secudtY
<br /> — '- �sayrrem of irrterest or pdnd�t on the OWtgations; � e�ot th�pow�r of e�l�e�r�f�nnood In
<br /> �= (g)to torednse ttds Deed af Tntst I4d�!►��I���Y and to dred the sete of th�properiY rough
<br /> •�•�■!��� �20 lssteot In en000rdanee wflh eppltoabta Iaw:
<br /> '��!� {h)t��at�oft Clrantofs ObIfBe0lons ageir�st��+r�oweci C�mfw ` L:..�_..k:�-�to+,tae aat!!m}t:d tp.manl�s.inettumatiti,end � •
<br /> T_,.,Q z. a000unts melntatned wkh l.ender ot eny curre sxistinq or i�iu�a affl�-��lend�r:er� .
<br /> - (q to exerolse ail alher d�ts availeble to Lendar under ar►y other wdtten a�gesre�r�t ot aPPU���•
<br /> =�od�euit� �ders are eurtulative and rray Ioa exerdsad tagether.separat0�y�and in arry order. In tlte avant that Lendar fnsti of a�ny bend vrh���
<br /> � reoavey�arry of tha Proportyhy waY of npre ju�neM reme�N in an scUon agalnst Qrarrtor.Q�entor vraNea tho�st►nQ
<br /> --- ---- clherwice be requlred. Lander or Londer's desisnee maY pu�rce�o�f tharoesle Induding tha P��of ih�e T st s tocs aotu�ally Inoutnd tnd ral to
<br /> �'- fttsl.lo ihe easts attdexpensos of.exerdsing the er of of the�igattons seairod heteby.thrd.to 1�N��1 af(�
<br /> -�--_--�� exoeed ihe amoum whtch may be p�ovided tor tn Is Deed ot 7tust.seomid,to paymsnt ertkied thoreto. fie procetN�enY D�ft thm�o!t1�y
<br /> ��„s,,.,.q trust deeds.mort6agaa.or other itenhotders.end the batance If eny.to the person or 1�b
<br /> � ^r��+:+�- be eotd(n ona Aara1�or tn suct►Paroe�a"�a^n°r or order ea Lendr,r tn fts Eote� on may ebct,artd one or moro exetaltei ot ihs powH h�nin R�rrt�w)
<br /> --�F?�<''.'� shall not extin9uish or exhaust the Por+er unless the errtire Prot�eAY is soid or the obifgattans aro patd fn htll.
<br /> .�_,��H:N�;.-.'=
<br />,';�;, .• y��Ug.��g�p�g�p��yl�p C�8qLE pS10EF61ULT: If Lender eieds to setl Qraritots irrterest N the PtQpaAy by axerda�ot the powK o!
<br />� �'�`` �ato fiareln oontained.Lender shall noUfy Trustee tn she manner then re4��rod bY law.
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<br /> `:'`':�� ` Upon feoelpt ot such nottce o}tsndur end et the&e�fon of Lendor.Truatee sha[I cauae to be reoorded P�bAcAad end deltvend eueh nolio��oi d�tYUtl
<br /> � F ���;`._;, end nottoes of eals es�Y than be required by law and by thts Qeed of TrusL Trustee cha�.onty at the direetton of Lnnder and wtlhout d�mnd en 3nntor.
<br /> after such tirre aa may then be requ�red by law anr!efter reooMatlon ot such noUoe of defautt and after nott�oa ot eale having beon�van as rpukad by�tw.
<br /> '"'k`"`:��' at the Ume and piaoe at sole fixed bY ft tn such na�leo of sate,oitltor as�vt►o!e or tn so tota or paroete ot itmn at lat�r�M11 dMtn
<br /> ;_,�:'�o�;�' sell the P% ��a,�dar aa tt rtnv defemi�e.ffi P�blla auctlon to ths h ost btdder tor eash tn 1 moaeyot the Unttod Stat@a •eA ih�tIM at
<br /> „._�.�_._. ..,�.e.o..».a,et ua eaod end �nt dMd a da�M
<br /> '*.;;��';� � n.a ss othonviso maY then be required bY law. 'miatee cnan da"nvsr�o o�+W�w�N.�.�;.-._--.__•-.-
<br /> ��.:���:ax, aanveying the proppAy cu sotd.but wRhout ar►�r aovena�rt or wertenlf�.sx�wess or irtplled. fia redta�e in eudi deo�o�OY�nu�oh saN.�T��uttea m`y
<br /> . .��1;1�:��.�;. aortclushre proof at the truthtu�ness�ereo�f.aAonty i or atql�portion of tWha Prape�on�Qrarrtor.Ttustee er landet,maY P�
<br /> _ . in the mannot provided by Iaw PostPone
<br /> , . ta iit-QiIFST FOR NORiCES: t3tAntot requests ihed 8 ooPY of arry noUoe oi tl3fau6 snd a xp'i��+Y r�eticY?et�a horeunder be nnllad ro e�p�rwn
<br /> .r''-----�'. .f who is a party hereto at the address ot wu,h persan sat fonh here:n at the sarr�o Nme end tn the sarne rtnnnor�equfred as tAougi�a sspatate rc��t thtt�sf
<br /> . ' had i�een fi!ed by eaoh suc�psre9n.
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<br /> ` . NEDOTC Rev.17J91
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