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� � 99- 1C�3936
<br /> 11. I,END�R'8 R1ONT TO CaIIIAMB�CE OR DEFEND LEiiAL ACTIONB. C3ramor shatl immodfa�ely provide Lender wNh written notioe of any aslu�l or
<br /> thrQeienod ndion,su1,or olher proasdnp nffectind 1he Property. Grantor hereby eppo(nis Londcr aa rts attorrwy�n-fact to eorrxnsna,inlervene in,and
<br /> dcfend such aations,suils,o►othor logal proceer,�ngs and to oompromise or setlle arry da�m or corrtrov�rsyp�naining thersto, l.enekr shall nat be fiable to
<br /> Grantor lor any�c11on,error,mistako,ornss(on or delay partaining to the aclfons descnbed in this paragraph or any darr�ges�asuhing therefrom, Ncthing
<br /> caitained herein wtll preveni Lender(rom ta�cng 1he actions descnbed in th3a�vagraph in ils o�wn narrl�.
<br /> 12. INdFMH11FICA1'ION. Lander chall not aasame or ba�esponsible tor 1he perfomwnce of er�r of Gramar�s ohligaflons with respeal 10 ihe Property undor
<br /> any eireurr�a�ancos. Grarrtor shall krrnedialcly provido Londar wfth writton notieo of e�d indvrrnily and hold Lender and ita 6hsreholdors,direetore,o(ficers,
<br /> amploycos and s�gonls hc►rmless from ali clnims,dart�aAQS,liabilitios(inciu�ng attomeys'fess and logal expenses),cawses ol aclion,adions,sulle and
<br /> olhor IeQeJ proceet�nps(tumUlslivaty"Clshl'w")peA�ining ta ihe Properiy(inciudinp,bul nol krtiied to,thnso irnrolvin Hazardous Ma1arl�ls). Grantor,upon
<br /> thA 1�equest of I-ender,shaA hiro logal counsol 10 detend Land�from such Cla�ms,and pay the 9I1o1'�leys'fees,laga expenses and other costs Ipcur�ad In
<br /> connection tl�arcwith. In thc ahema�ivo, Londor shafl be emrtled to employ i�s own Isgai counsel to defend such Gaims at Grantor's cost. Grarnor's
<br /> obligation to inderrutily Lender under this paragraph shall survive the lemiinstwn,release or foreclosurc of lhis DQed of Trus1,
<br /> 13. TAXF�AND ASS�331iAENTS. Grantot shap p�y�N taxes and�ssassmems relating to Properry when due and hmtadiately provide Londer avidenca
<br /> of p� ni of a�me. Upon the request of Lender,Granior slml depoail wilh Lender each morrth onatwelhh(1/12) of the es�imaled e�nnual lr�suranoo
<br /> pr�1s�x�=and assessmsrns p•h��ing to�he Prop•ny. So long as there Is no def�ull,thase anpurAs shall 6e applied 10 the paymorn of laxes,
<br /> assessmaY�ts and Insuranco as roqu�rcd on tha Proporty. In tha avorn of detault,LAnd�shaN hava the MgM,at f16 wle option,lo apply thc3 funds so hold to
<br /> pay 3ny laxes or t�insl tha Oblfg�tbns. Any(unds�ppped m�y,al Lender's oplion,be a�pplied in reverse order of tho duo datQ th�reoF.
<br /> 14. INSPECTIdN OF PflQPERTY,BOOKS,RECCRDS AND REPORTS. arantor shall sllow Lender or its ageMs 10 cxamfno and inspect tha Properly
<br /> and ou.amino,inopect and malw oopios of Grantors books and r000rds porlaining to the Property hom tHre to tima, RrarAor shall provlde any assisianco
<br /> roquired by Lender for lhese purposas. All ot lhe signalures and information oonfeinod in Gmntar's books ond r�cords shail be ganuine,lrue,a�curate tutd
<br /> complato In�II rospocts, c3rarnor shall noto iha oxistortco of tAndor�s ponoficial Irnorost p�Its books and records pertaining lo the Property. Addi�fonally,
<br /> Graritor shall repor1,in a}orm saiisfactory to Lender,such iniomtialion as Lender rr�ay request regarding Grrnlors fin�ncial condition or iho proporly, Tho
<br /> informalion shalf be for such periods,shaA re0ect Grantor's records at such 1ime,and shaA ba rendered with such irc ency as Londor may dasignata. All
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<br /> in(ormaUon himished by Grarno�to t,ender sh�l ba uue,ac�uratA artd cornplal8(n all respecls,and slgned by G►arnor� Lender requesls.
<br /> 15. ESTOPP'�L CFATIFICATE3. Within 1on(10}days after rany roquast by Lendor,GraMor shaN delivor to Lender,or any Intended 1►anaferee p f Lender s
<br /> rights with roapecl to 1he Obl'�gaiions,t�:iynvd end edmowledy�d stalemanl aped(ying(�)ihe outsfar�ng belance on 1he bbhgaiions;and(b)whothef
<br /> Granto�po�sossos any claims,dafansos,sotofFs ar courllerclaims with respect to the Ohfigatiar�s and,if so,the rlature ot su�h dalms,dsfenses,SEt-offs or
<br /> cournerclairr�. Grantor will ba oondusively bound by arry reprasemation that Lender may mal�to the iMended tr�nsteree with respect to thoso matters In
<br /> the evenl that Grantcr falls to provldA 1he requestAd s1a�•rr�m fn a tur�ay manner.
<br /> 18, pEFAULT. Gr�ntor shaA bc in default undcr this Dcod of Trusi and tho Truatco's powcr shaN becomo oper�tivc in thc evcm that Grantor.Borrowar ar
<br /> any�uararitor of the Oblig�tlons:
<br /> (a) faila to pey arry bbligat'wn to Lendar whan dua;
<br /> (b) f8dlm 10 por(omrl arry Obligation a�aachos�r►y w�rr�nty or eovan�rn to Londor corrt�in�d in this Deod o(Trust o�any othor prosonl o�futurv
<br /> a�reemeni;
<br /> (c) dastroys,loses ar damages the Property in any meterial rasped or su6jects Ihe Properiy io seizure,confiscaiion,or condemnation;
<br /> (d) :eaka 10 revoko,lemanata or aherwise hrr�tts Ihabifny under anyr guaranty to Lsnder;
<br /> (s} d'ios,beoomos logally inooRpeterd,is diasdved or temdnated,becomes insdvent,makes an assignmerd for ihe benefit o(credflora,fails io pay
<br /> dabqs as thay become due,filos a potitfon undartho fedoral banlwptcy laws,has an irnroluntary pctition in banlvup��cy filod in which Gramor,Borrower
<br /> or any fluar�anntor is rrrmed,or hds properly teloen undet a�ny wril or proeess of oourt;
<br /> (� allowa pooda to be uxd,tranaported or afored on the property,ihe possessiai,transporlafion,or use of which,is i�egal;
<br /> (p) albWS��tyr p2u1y olher t11an Grantor or SorraWO►lo assurlw or undortake�ny Obligation without the wrinen conscm of Lendcr,or
<br /> (h) caueas Lend.1'to doonl ftsalf lnsscuro due fo a signlfiearn dociine in the vakx�ot the Proporty;or 1F LEndor,in good faith,for any roason,belf�s
<br /> that tho pro�cl of payrr�ent or perfom�enoe is impe�ind.
<br /> 17. RIGHTS OF LENDER�N t1�FAU1.T� li thoro is a d.faull uneior 1Ms Doad of Trusi,Londw sh�ll bo ontttlod ta oxarciso ono ar moro of tho folfowl�1g
<br /> remedies wiUtoul notkk�or dorrwrM(exeopt aa roquirad by law):
<br /> {a) to dedars ihe ObligAtlons fmrr�date(y duo and payabla in fuq;
<br /> (b) to oollecl the outsta�tdinQ Odlyetlont with or wlthout rosoning to j�didal procaes;
<br /> (c) to roquiro Granior to deliver and rrmk�e evaflabie to Lsnder ainy ryersonaJ property or Chettds oonsiituting ths Properly el e plece reesonabiy
<br /> canvoniam to(3►antor and Lender,
<br /> (d) to enl0r upon arld tako possossion ot the Propeny vimhoul applyinp far ar obtain�g the appoiMrr�erd of a rexiver and,at I..�nder's oplion,to
<br /> appoiflt e IeCeiver whhnul borld, without flrsl hringing fult on the 061igations and wi�hout otherwiso rr�ting any stafutory condidons ropardng
<br /> reoeMrs,lt I�U�g irrimdad th�t Londo►:h�ll haw thia cornractual dgFn w appotM a rca.�iwr,
<br /> (e) io employ+�ntAnaging ngont of the Property and let tha sarno,oithcr in Trusico's own name,in 1he name of Lendcr ar in the name af Grcutlor,and
<br /> racelVe 1M rorAs,incomes,Issuoa and proflla of 1Fw Propony�nd app�y tho samo,aher paymerd of aM necassary charges and expensos,on ac:count of
<br /> ti�o Gbligartiona;
<br /> (f� to pay any sums M nny(orm or mnnner ckemed expsdisrri by Lend�'to protect the:ea,rity ot this paed of Trust or ta curo arry cbfault other than
<br /> paymord of I�ereal or prindpel on ihe Obligeition�;
<br /> (g) to forocloeo Ihis Dood of Trust judidalhr or nanjud�ciaay end b�root ihe aede of Ihe property through exerda�of the power of aale e�a referonoed in
<br /> Pe�grnph 20 heroo(in�cccordanco wi�h appNca6lo lflw;
<br /> (h) �o sot-off Gronlara [7btig�tiona eqarnst au�y amounta owsd Granfor by Lsnder kicluding, put not Iimited to, mon�as, instrumarns, and daposit
<br /> accaurtts mairnalnod with Londor or any cuRently exlstinp or hiluro affiGata of Lendew,and
<br /> (i)to axercise dl othsr ri�ts�Aabla 1n UneMr undor any oihsr writtian agreomarn or appikable Iaw.
<br /> lend�s ric�s�uo cumulaiive and may be axercised together, seperately,and fn any orcl�r. In the event th�t Lander instituses an ac�ion saekNig tha
<br /> recavery of any of the Proporty by way of a projudgmorn romedy in ar� ac�ion sgainsi Grantor, drantor waives ihe posting of any bond which rtdehl
<br /> otherwise bo roquirod. Le�der or render's das�gnee may purdtass the Proparty a1 any sala. Proeeads of any Tn�stea's sals hereunder shall t�e applied
<br /> first,lo!he aosts and axpanses of exarcising tha power ot salo and of tho sde,including the payment o(the Trustee's fees sctually Incurrad�utd noi to
<br /> exosed the�►r�o�nt whkh rrny be provided tor In thi�beed of Trusl,aecond,lo payrt�ent oE tha ObligsUons secix'ed hereby,third,to the ps�ymenl of juhior
<br /> irust deods,nprlgc�p�s,or o1Mr li�nholdsra,ar►d tllo balanee,If any,to the person or�ersona logally ar�t311od tho►c1o. 7hc property or any pnrllhcroaf may
<br /> be sold in orre parcol,or in such paroels,rr�nner or ordar as Lenckr in ils oole discration t�y dact,and onA or moro axerefses of tltia pow�herein grarned
<br /> chall not oxiinpulah or oxhau�st lh�pvWa'unlost th��Mlro proporty ls:otd or tho optigmions ara p�id�full.
<br /> 'tB� TRUSTE6'S EXEFiGISE OF PONVEii OF SAL�ON pEFAULT: If L.ond��olects to soll C�rnnlors inlerest in the Propariy by exeroise of ihe powor of '
<br /> sala hanin co�tainod,Londor ah�ll notify Truatee in the rt�rmer lhen t'equirsd by 1ew.
<br /> Upon reoeipt of such notioe of Lendar end at tho c�roetion of L�nder,Truslee ahaN causa to be recordod,published and del'rvered such notioes of defauR
<br /> and nolices o�sNe as may than bo roqutred by law and by this beod of 7n�si. 7rusiee shall,only at ihe dredion oi Lender snd withoul derftand on Grentvr,
<br /> a(1er such tirr�s as may thon bo by law and aNer reoordaiion of auch notice of delault�d dfler notice ol sals havin�g been gtvan as requkad by law,
<br /> se11 the PropeR�r at tho tirr�end ace of sale fixed by R in such nolice ol eeJa,ellher aa whola of Insepa�ate lots or parcels at items as Londer chall doom
<br /> axpodiant,and m such order as 11 rnay determine,a1 pubNe�u�tion to tha hlghasl pddar for cash in lawiul money of ihe United States payable at the tima of
<br /> sala,ar es olherwise may lhan bo roquircd by law. Trustee shafl deliver to such purchaser or purchasars thoreof hs good and suf�dant deed a d�ads
<br /> convoying tho propvrty ao sold, bul wilhoul any oovenanl or warranly,axpreas or impli�d. Tha rechals In such deod of any rrmtters or lacts shall be
<br /> wnclusivs proo(ot tl�lruthlulnoas thoreof. Anyperaon,including,withaul lirtilation,GraMor,Tnaalee o�Lendar,rnay purch+�se�t such sala. Trustee may
<br /> in tho rrmnner provided by I+�w pohpons�lo of aA or eny por�ton of tho Proparty.
<br /> 19� REQUES7 FI�R NOTICEB: Granto�roq�,�etta that a oopy a(Any notica of dshau4 and a copy of any notice of sale horeundor be mailed ta each parson
<br /> who is a peAy hsrolo�t tF►e address ot such person sc1 forth herein at 1he same time end in Ihe sente mrotner roqulred aa though a separate raquost lhereof
<br /> t�ad been filod hy oach such porson.
<br /> I NcooTO R.v.�?!b� �SC� �_ "I � 1 �X� � a�pa a a e
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