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<br /> 2Q SECURITIf NVT�R�Sr UNDER THE UNIFORM CON�iA�RCIAL CODE. 7his Deed oi Trust shall be oonsidc�rad and bc oifoctivo as a flnancin
<br /> s1��omoM and a lixturs fil�pursuanl to the pnovlafont of 1he Uniform Corrmeraal Code(es adopted k►ihe state whc�tho rcal property is locaiec�
<br /> covering fixiuras,chattds,and artidet o( al property now owned or hareafler m�ached to or to bo used in connec�ion with the Properly togethsr wllh
<br /> e
<br /> any Md all rop�iccmenls lhereo�and dans iharela(iha'ChAttof�'�,and Grantor hereby grants L�nder a security imerost in such Ghatle{s, Yhe deblor is
<br /> tFro Grantor dosaibod above. Thls beed of Trusl w�1 ba efiectivo as a finandng slalemam filsd as a Bxture filing with rsspsct to all fixturos indudod within
<br /> saidpre mises and is 10 pe filad�or rcoord in Ihe n�l satata r000rds of each oounly whare any part of said pr�misas(including sald fixtures)ts situatcd. This
<br /> Dood of Trutt chall also be effa�iva as a financing sletemenl oovaring any cther premises and may ba filad in any othcr appropriate filiny or reoordmg
<br /> opioe, A carbon,photogr�tphie or other raproduclion nf lhls Deed of 7rust or of any flnanGng st�terr�ent relating to lhis Deed of Trust shall bo sutticieM as a
<br /> finandng statoment for einy a�the purpo�ea referred to IR this Parapr.iph. Tha secursd parry(s thc Lender described above, Upon domand,Granior shall
<br /> mako, exeout� end doGvcr such security agrcomFmis {as such term fs ds�nod in s�d Uniforrn Co�miaraal Codc� as Ler�der at any tin�a nx�y deem
<br /> necessAry or proper or raquired to grant to Lender a parfacied securily iMerzsi in the(:hansls,and up�,�Granlor's f�ilure 10 do sp,�ender is aulhorizcd 70
<br /> sign any such a�reemem as tho ageM of Granlo►. Granlor hereby authOriZet Lender to file flnandng slatetnents(&s such term is defirred in said UnifoRn
<br /> Commerolel Coda)with respocl to tho Chaltols,at any time,wfthout tha signature oF GtaMor. Grarllor will,howevcr,ai any lime upon reqU9s1 oI l.er�d9r,
<br /> dgn such Cmancing sl2rtements. GraMor will pey all Aling foes for ihe fding of such flnanang slaiemenls and for the rAflling theroof at ihe times required,in
<br /> the opinlan of Lander,by 6aid Uniform Comneroi�l Code. If tlta lien oi this beed ot Tlust be subject to any securiiy e�eement oovering ihe Chattela,thon
<br /> in ihe ovorn of any default undor ihis Dood of Trust,all ihe right,titic and'mteres!af Grarnor in and to any and�II oF ihe Chatlels is heroby as�igned to
<br /> Lender,together wlth the benefil of any dsposits or paymonls now or heroalwr made thereot by Grantor or thc predecessors or successors In title of
<br /> Granlor In the Properiy.
<br /> 21. REIMBURSEMENT aF AMOUNTS EXPEW�ED BY LENDER. Lender,at Lender's option,may expend fu�ds(including atiomeys'fees and leg�l
<br /> oxpenses)10 por�orm sury act tequit'ed 10 be taken by GKenlor o��o exercise any dght vf rem9dy oi�nder under lhis Deed 0(Tfust. Uport demand,drantor
<br /> el'�afl inl�7wclatcly roimburae I-endcr ior dl aUOh ameuMc oxpona.,^d�;l.::'�ot�^a'-!!;n...M1.in�n.g=f�tie.ann e1 the Inww nl thn F�i�hne.1 rn!P rlwar�iihorl lh f►nv
<br /> Obligation or ihe highasl ralo allowed by law hom the dalo of paymenl urttll tha date of reimbursement. Thase sums shall be induded in the deflnition o(
<br /> Obligalions herAln and shall ba secured by the benefldel interast�ramed herein. If ihe 4k�llgations aro paid atter 1he begi�ning of pub�cation of notiao of
<br /> ss�1a,as hcroin providBd,or 1n thc ovent Landsr sha�,at hs sole oplwn,pemiR Grantor to pay arry part vf the Oblipations a}�cr ihe beginning of publicetlon of
<br /> notico of sale,as herein provided,lhen,Qrarttor shal)pay on dem�d ap•xpenses inairred by the Tn�stee and Lender in conneclion wlth zaid pu�lication.
<br /> including reasonablo atiomeys'fses to tha altomoys far Iha Trusteo and for iha Lendar,and a reasonable fee to the Trustea,end thia Dced of Trua!shafl I�e
<br /> GOlK^�j(C'."�..�:'.:-�'!t`YT_l1S4i?!N��aie.
<br /> 2Z APPLICATION O�PAYIiAENTS. ThQ 7ruslea sheiN apply tha prooeeds of thR trustoo's s�le firsl,lo the oosts and oxpensos of exerasing the power of
<br /> sale and of tho sale,k�duc�ng�tha payrn�rrt ot 1he Ttuslea':resa acwally inwrrod nat to oxoeed 1�e artaunl which may l�e provided for in the Deed of Trust,
<br /> seoond,to paymcr�t ot ths opllga�,on socxaed by the Daad of Trus�,thrcd,to tho payrr�m at junior deecis c+f 1!��A!,!����nr olheer lienholdats,and the
<br /> bel�nca,If any,to ihe p�rton or persons lepafty entitled th�eto.
<br /> 23, pOWER OF A'fTORNEY. GrantW'horobyr�ppo�rds LendaP as Its anomeyin-facl to endorse Grantor's name on all inatrtane�ts and rnhcr docume►ds
<br /> parlauning to iha Opligations or Deod ef Trus1. In addilfon, l.ender shal!6o enliUed,bul nol roquirod.to perfortn any aGion or oxocutc any documertt
<br /> requIred to be 1akAn or ox�cu�ed by Qrarrter undar�his Deed of Trusl. Lendar's rfamance of such acuon or execulPon oi aueh dxume�rts shall not
<br /> ralf�v c3�amor from any o�Ggation or cura any defa�t ur�er this Deed of TNS�. a�'owers df e�ttom�y doscribod in lhis Qavd of T►us1 aro couplod wil�an
<br /> Irnoresi and nre krevacabla.
<br /> 2q. SUBRpGAT10N O� LENDER. l.sndor shall be subrogatsd to tho righla of tha hofdor of any previous I'ian, securiry intcrest or enaxnbrence
<br /> �iacharpod wilh funds�dvanced by Lender regardos�of whether thase liens,securily ir�erosls or othor oncumbranoes have been released of record.
<br /> 25. C�LL.ECTION C05TS. To tho exlont pemilled�y law,Grarnor apreee top�y l.�nder's reasonsbla fees and eosts,including,bul hot limilBd 10,fees
<br /> and cosla of r�ttu�roya uii�n,l vlhar agonls (mdud'ing whheut limitafion pnralogak, elerke ond coneuNanle�,whether or not saich sit�!!!����►enenl le �n
<br /> ��yee of landor,wh�are(ncurred by Londer In collvcling eny ar►�ouM due or enforoing any right or remady undor this Docd af Trusl,whe�tar or not
<br /> suit is brought,Inclu�n�.but not llrritcd to,�U tees nnd msta inamcd on appeal,fn bartlwptcy,and(or postyudgmarn collcclion actions.
<br /> 26. PARTIAL RELEAS�, l.ender mey releass its iMerest in ap�wn of tho PropeAy by executing and reoording one o� moro Partial beeda o(
<br /> R.00nvoJrance without�if�ctinp its�roro�t In tha r�maininy portion of 1ha Property. Nothing hereln sha11 hQ deemed to obligala l.endcr to ralease any of ils
<br /> inlerest In 1he Propq�y(exccpt as requlred under Paragrap�38 or as may bo alhervvisa requlred by law),nor shall LandBr be obligatcd ta releasa any p�rt
<br /> of the Propehy if(�rantar I=ln dafauN under thla Deed of t►ust. The fien and securily iMerest crealod by tho Deed of Trust rem�in In effoct wi�h respecl to
<br /> 1ha1 porlion of the propeAy,as defined in the Pead of Trust,lhat is not the subjoct of this ar any Pattlal Pcod of Reconvayance
<br /> 27', II�IFlCATION ANO WAIVER. Tho modifioal'ron or w�ivor of arty of Grantor's obligations or L.ender's N�s und�r ihis Deed of Trust must bo
<br /> contdnad in a w�fting signed by l.ander. Lender mny psrfarm any oi Borrower's o�4ramors Obligationa,d+lay or to exercisa anX of Ila rights or accepl
<br /> paymanls from Gr�ntor or anyona o�f�er than Greirnor wi�hout causing a waNer of�hose obligetivna o�ri� A waiver on one oeeasion sha11 not canalilulo
<br /> a waiver on any othcr occatlan. G�vnor's Obligaliona under this Dead o(TI'ust shalt not be aHecled if Lender amcnds, lses,oxchangcs,h3ils 10
<br /> axorclse,Impair�or releASee any of the Obbgr�lorts balonping to any Gtantor,8o►rower ar Ihirdp�or any o(its rigMs e nst any Grantor,Borrowar or
<br /> thkd pony w any of 1hs Property. lendsr's failuro to insisi upon�trlct pertomnvioe oF arry of tho ObGgatlons shall not bs d�mod a wanrer and Lender ahaH
<br /> hava 1ha��1 at�y tima lheroattcr 10 ins3st upon strict podormance.
<br /> 28. sU�STIME TRUS7EE;TRUS�'EE UAaIL1TY;GQMPENSA'1'ION. In c�sa of�ho d�ath.inability,refusal ia act or absence of the TNstoc from the
<br /> stale wY�re tha roal prop�y la loeatod or in ceise tha holdor af the Obligsllons shaq dosirs(or any reason to romove 1he Ttustaa or any substilule irustea es
<br /> lrustes herourKbr and io ��poim a new trustee In his plaos a�nd stsad,thm holder of tha Obligations is hereby gran�sd►ull power to appoirri in writtng a
<br /> substiU,tto trusioo for safd Trustoo,and tha wbstituta trusioe shall,when appoimod,becama succesaor to all rights of Trustee herounder and 1he s�1 i�iVt+�ii
<br /> becqtta vestod rc�him for tho purposes end objaets of this Deed of Trust with aB 1he power,duties and obligadions hereln confoned on the Truatea. Trustes
<br /> sltall nol ba li��for anY oROr otp�gmern or ad done by Trustoo,or ba olh�rwlse rasponsible or axauntablo undcr any cirdamatances whalsoovor.
<br /> TruslAe shall not bs porsons�y liabls fn ease of ontry by 11 or A�one acllnp bY virtua o1 the powers herefng�arttad it upon the peed of Trust for dobts
<br /> cor�racled or Il�tbility or dart�ges Incurrod in Iho man�gsmem ar ope�iation ot said prErrusca. Tnistea shaA havo tho ri�M to re1y on eny inairumeni.
<br /> documont or al[�naturo aulhdtlzing or supporiing any aalfon�akon orpropoeed to be takan by it herau�r a bcfieeed by t1 I�good taith 10 bo gonuine.
<br /> Truslee shall ba errtitlod to relmb�xsarnont for eXpe�Ise:Inwrred by N in 1he pertomnrxe of iis dulies he�eundQr and to reasonAbla coRponsation for such
<br /> of its sarvlcas horounder as shall be«mdered. �ra�tor will,from time to 1fine,pay corr�pensatlon due Trustoe hereundo�and roimburse Truslee for and
<br /> save and hold R ham�ss irom and apainst arry and all loss,cosl,fia6l�ty,darrope and expertsa whatsoever incurred by it(n tho perfomianee of Its cfulles,
<br /> Ap monoys reoelvsd by Trustee shap,until usod or applied as horein pra�ided,ba held In t�us�far the rposes for which they were rewfved,but noed not
<br /> a�
<br /> be sogrogated In any rrnnner from any othor moneys(excapt 10 tho exterrt taquired by law)and ruslee sh�ll bc under no liabllity for Interest on any
<br /> moneys roceivad by ft horcunder.
<br /> 29. SUCCESSORS AND ASSICNS. Thls Doed of T�ust shall be bitdin{�upon and Inure to the bonefit of Grantor and Lender and thelr respacthra
<br /> suc�essort��asigns.trusloma,noalvor�,adrninist►eAor's�Poraonal represeM�lNres,legatees and�vfza.s.
<br /> 90. NOTICES. Facoepl as otherwlso�equired by law, nolice or olher oomm�mication to be providad undar this Deed oI Trus1 shaY be in wriling and sent
<br /> to the parties at 1hs ad�osses dasq'Ibsd In this beed�Tru�t or such other ad�'ess as the parties rtn deslgrtate in writing trom time to 11rnE. My such
<br /> notics so given and earrt by Cirat cl�fs maif,postage plepeld,6ha11 ha deert�d givan tho o�rlier of ihree r3)days,after such noiio0 Is ssnt or when rec;eiVed
<br /> by tho petson to whom suc�t noliq Is boinp given.
<br /> 31, SEVERA6tt1TY. Whansver posslble�each provkbn of this Deed of Trust shaN be interpreted so a�ta be effedive and v�(id under appGeablo�1ato
<br /> law. If eny pravision of this O�sd of Truat vwlatss th�law or ls unenlorooeib{e,the resl af the Oeed of Trust shaN oontinue 10 he valid and e�foroeada,
<br /> 92. APPLICABLE LAW. Thls pood af Trust shall be govomed by the laws oi tho stata where the real propeAy Is located. Unless eppllcs�ble law providos
<br /> otherwbo,Grantor conaoMs to tho jurisdicb'on and vanuo of any oourt toleatad by Lendat,In fls sole dis�xelion,loea►1ad in that slate.
<br /> 33. MI3CELLAN�OU3. Cxtuttor and�endor apree thnt Uma(s of tho essence, Grantor waives presentmont,dornmd ior psymont,notice of�ishone�and
<br /> protaat oxoep1 ew�rod by law. All roforonosa to Qr�ttor In this Deed of Trust ohatl indude t�llpsrsons slgnkiy below, It Shere is more Ihnn onA Gr�mnr,
<br /> U�elt Ob�qaiione the�0 da iOird and s�wraL This Deed oI Truq roproseMa the oomplota imograted undarotancBng between G►anlor and Londer porlalning to
<br /> tha tem�s and cond�lions hereof.
<br /> 34. NO 7HIRD PARTY RIGfH'f'J. Pb person k or ohaN bo a U�ird perty bsneficiary of enyp�nsion of this Daed af Tniat. All provislons of thi:Doed of
<br /> TNSt in fawr of Lendnr are Intendsd:ddy(or Ihe benofit of Londer,and no thlydp�r1y,shelf bs erltillod to assums or expect that Lendet wlll no�waivc or
<br /> consent to Iho mo�iion of arsy provision of N1ti Daod ot Truet,in L�ndws sola dscrelpn.
<br /> 3s. PH�SERVATION OF LIABIUTY AND PRfORITY. V�ithoul afiac�in the Ilabil� of eorrower,Grantor,or any ardu�rtor of the ObNgaIbns,or�r�y rnher
<br /> a
<br /> parson{exoept�person axFxessly r.leasocl in wnC for thepeyment and perfnrt enco ot th�Wligations�artd wilhoul affactlnp the riphls of Lendor wfth
<br /> respoci to eny Propar!y no1 expras�y rofeaaed In ,and without�pp�r�ng in any way the priarity o(itus Deed ot Trust over the Intarest at an person
<br /> acquired or firsl�'videnoad by�ocor�ng subsequant to 1 e reoording of thls Doed oF Trusl,l.sndar may,eilher bafore or aher the m�turit�r of the Ot�alions,
<br /> and withaW natlo0 ot consorA:rola�ao arry person Ilel�ls forpaymeM or perforRnnce of s11 or�y pert of the Obllgalions;make any 8 nt aHe yng tfie
<br /> temn ot peyrr�rn or oerforrrro�nea ol aq or any part of�ho ObligatEons;exercisa or reirain(rom axerasmg or walva any riqhl or rornady 1 at Lender ma Fiava
<br /> undcr Iho Doed of Trust;aeeopl addltbnd esaariqr ot any kind(or arry oi the Obl'�1'wns;or rcl�ase or olharwise doa�with any roal or person�l,properly
<br /> t�wring the ObGg,tions. Any pa►�on ac nb or neo�tg ovidertos ot an �rnleerest o(arty nat�ao in the Property shnM bc doerr�ed,by acqulnr�suel�
<br /> y re
<br /> Intorost or heo�ng arry evidene�lhoreof. o hew oons�n�od b dl or eny wefi a�iions by l.�nder.
<br /> .�w��..� ".�� � � I 1 1 . V I O..w�I�li .
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