|
�
<br /> r. .R . r . ' . .. _
<br /> ._., • y. 1� ____
<br /> �7 �` _ �
<br /> � ' � .;l�.1F•y.%Rj:� ..�.___ __ � __""� ... -___.
<br /> n.J.... ..... �!S'__"__.�.._-
<br /> . ..-u... . . ......�_......... ..r•.
<br /> .. _... __. ._
<br /> �.� ��"-S,�= _ .-..
<br /> . . _ RE-RECOR�ED g�...� �,01'7 4 b �"'"y� �"-- -
<br /> :f��� . . .,:::::�:., 91—i o 2 0�� --=-
<br /> �,�� , ..:-.
<br /> .. ..�:.:��,;,�,: -_
<br /> ' d TO PROTECT THE 8ECURITY OF THIS TRUST D�Ep.TRU870R M�REBY(:OVENANTB AND A(iREEB AS FOLIOWS:
<br /> _..r,., ._
<br /> t PAYIAENT QF PRINCIPAL AND INTBRHST.TruFlor shall p�omP��Y P�V when due the pr�napal ol aod�rneru�t on Iha�ndebtednese evldsnead by
<br /> :: u
<br /> �F„�..,�. . IM Nota,Ynd all othe Chorpet a�►d fYac a�provi4ed m�he Note,nnd Ihe pnnc�pal ol a�d�ntere�t on any Future Advances aecured by thli Truot DMd• � �
<br /> n �� 2.WARRANTY OR TITLE.Truetor�s lawlullv sei:ed and possessad ol good and mdeteas�ble mle and estale to 1ha Property heroby conveyed and ---r. �
<br /> 6fs',t.`-" —
<br /> . .. n�cxu.�,..�—
<br /> ha�Ihe nphl to p�ant and convoY�he P�°peny�ho Property is��pA n�d clnnr al all Iien4 and encumbrance9 except Ileni now ot recad;and TruYta wl
<br /> � . . w�na�t and detend the IUb lo the Property aAamst All cla�ms and demand4. �^y;;,�`;•--
<br /> , �r;,t�T.:
<br /> 3.MAINTENANCB ANO COMPLIANCH WITM I.AWB.Trusta shnll keep Iha Properly in pood repav and condilwn and shall not commU woste a perm�l F�` J,'����'.�_„
<br />'!' impalrm���pt dNerqrallon ol lhe Propeny and shall comply w�lh Iho prov�siona ol any lease d Ihis Trost Deed�s on a leasefidd.No improvembnt now
<br /> pr hareafler erecied upon 1he Propetty ahall be allered.removeA o►demoUshed wdhout the pnor wrdten consent M Beneficlery.TruBta ahal comply wilh q�,-��
<br /> . all laws,adfnancss.repuladana.cavenanls,cond�uons and resh�ciwna r�llm:ung the Property and not commu,wNK a permU ony act to be dane In o► n:yc:_,�--�--_--_..
<br /> �...,:�7i�!a;��:
<br /> io hdiltbn ot any lew,ad�nance,regulatwn,covonant,canditlon a reslr�ctfon.Trustor s�aN compNU a restore promptly and in good �,-;__„A_._ .______
<br /> a
<br /> upon the PrapanY �`.,•.�------�.,
<br /> ° workmanhks meneer a�y improvemenl on Ihe Property wh�ch may be damaped nr deelroyad and pey,wMn due.allclamis�a taba Pe►b�m�d ond�atwioh �tL:� -- - ' �
<br /> ,•.,• ,,�+,�
<br /> 1um14h6d the�ela and��►any alleraUOna Iher60L , tl,�•;--
<br /> 09f1Bt-EiO i�54�A1�C9 Nnlh tlSpeCt t0!he�rt�RfOV��148f1d{18f60�et ���S %^t4��!R
<br /> 4.INSURANCE•Trusla.at rts exponse.vnll mnm�am with msurors approved by �Y• .:},t!.�4:-
<br /> app�fty eonstituUng lhe PropartY•Againsl loss by hre.hghlning.laneAa nnd ather pe►ds and hazarus eoveted by slandard ente�ded eo„e�ege��d�►�� '' : ' �;.::ti,�;r�r _
<br /> In an emouM equo��o e���ast one hundre0 percern(u104b)of Ihe tull repiecemeM value Ihereol and��surance a�a�a�euCh olher heaarda anG in such ti F L�.._
<br /> otnP Y a;'�;; i�?.`.
<br /> �- amount�Yi is cuBtomordy carned by owners antl operalors ol binillai propertlaa or as Be�ehr.iary rnaY rbqwre�a iLS N::'t?�ctbn.Trusta wdl c I vr�th � �.:.,.;•V � !'
<br /> _ �...:_.—=_
<br /> `_....�: S�(4 .-•-�=-
<br /> such other reQuMemenle aa Benefic�ary may Irom ume lo time requesl lor the protectlon by msurance o11he mte�ests a"me iespec��ve parl�es•All meuranee .T ' ,,� .,.�=:.'r 1
<br /> ' poi�cles mamtalned pur6uAnt to this Trusl Df�Pd shall name Truslor and Benehaery a8 inaured.ea their respNCt�m mtarest8 may eppear,and provide 1he1 �< ��� ,� ", �
<br /> �t � -;,;--
<br /> ����rq��1�e�qn or mpdi}�cation wfthout al least 15 days pnor wnllen rtoUtkatwn lo Truslee artd&x�a4�:iary may praute auch m�urance in E�cCada^ce ^`J 1 1;`�
<br /> wl�h�he proy�wons ol paragraph 8 heroot-Trustor shall QeNver l0 9eneticTru�l1he�gene�wels ac roqu red nereuntler shaH,'at the opuon of 6enohGfpry. t�6)t;•:;,�i;�w`i�?;n�"s� �
<br /> i.Fadure to lurnish such fncu�ance by �T�;�:;;;!j�'�.;. _
<br /> ' euCh polCle4 and tefleNllals Ih9ruo • - ,-_
<br /> .. conanute a de�ault. �•:;';''���
<br /> t � � �'•
<br /> AND CHARa�B.Trusta ahell poy a111a«ea.aesessmenls and olher chazqes,mcludmg.without hmiteUOn,tines and impos�tlons '1.; . .;�.,.. , t -
<br /> 5.TAXES,A8SE881AENTS mems or round rents.�I any,before the seme become d a��nquent.Trusta shall promplly turnish to benehciery � .,�, , — v
<br /> pnr����g�o�Ag properly and Ieaeehold pay 9 ��t d,���; Tiusta shau romptly lurmsh to Beneiiciary receipts ,.:�
<br /> � all not�Casot amounlB due under Ihis paragraph.anA m Ihe evenl Truslor shall make pay y. P t k_.r+_� �
<br /> ' evidencfnp suCh paymenls Truslor shAll pay all taKea and assessmenls which may be te��ed uPnn 8enehCiary's�nterest horein or upon Ihis Trust Deed i:ll;;:;•: Iff�.r
<br /> ,, • w�thout reqard to any law that may be enacled�mposing pnymenl ot Iha whole or aoy WA lhereot upOn Ihe BeneHaary. �. , :
<br /> 1 8.ADDITIONAI LI�NS ANO PROTECTION OF BBNEfICIARY'S SECURITY.Trustor ahall make all payments ot mterest and pnnc�pal and paymenis t�; �•'.:. ' : �,
<br /> ;
<br /> • pl any olher chorges,lees and eKpense�a e����quen tor1 n�de}ault xanu promptly 0 Y and di c�arge any and aN othe deens,claims o�r charges�wh ch 'SI'� �i��
<br /> j ----_-_�._ ��q�M�i��st eued belae the date Y �
<br /> may jeopard�zelhe s�cunty grantea ne►em 1�L•,,S"�'�d118IQ tndMe any nuLA�,:yTa-:c:!aH�lc;.er!err�ar.y et t�rnvenants and agreements contamed •jS;r. l��, :�;f(,��',;;
<br /> ,,. . y �. ;— �,; �, �r
<br /> '��i�;, ,; in ihls Trust D�f�d.cr!he Nole reterred to herer z��r,any pnor a subsequa�t Iruse dEed,or II any acl�on or proeeedx�g ia eommenced which materlall � ` `� �•;, ';.;','`.{t,��,��.
<br /> ' ,,y eH8Ct6 BenetKacY's intArest in Ine Properly,I�GluqinQ,but nol f�m�te0 to.em�nnro doma�n Trucloras d bis'�e alll 9asthe v'beCOme due8lhen�8e ef Glary, � , ' r+t;V :�i%
<br /> lorectoaureau«n cr«Trusta�a�ls�opay 9e Y Y 4�, ,,i?' •�--•
<br /> ;�:��!'� �/�i• by Trustee.notKe o•detault by T�4stee.mortgage � ,. ...i,s:_..
<br /> . � ,_��,,_',.� 81�����ery goptqn and vntaai�n�,ce to a demand upon Trustc.ir.::•,ti�t�out re�ea�ng Trustor hom any oblgalbn hereunder.may make such appearances, F .
<br /> � ��.�••' � dleburse suCh sums and take&l�t��t�'o�+�g�g necessary to protecl 6a?entiary's inlereal,mcluWng.but oot Wmited to,disbursement of reaSO�ab�e attomeY 6 1
<br /> } ,a•��,•l� y
<br /> � i • fees,peyment.pu�chase.contes:o�compromise ol an encumbrance.charge or I�en,entty upon the Property lo meke repaKS,or deClarat�on oi default 1 r
<br /> ' menl,but •:; �
<br /> u�d8r ihis Truat Deed �n the eveM ihat T�ustOr shail fad to praur��insuranr.r nr�o pay�eres,uss9sam9nle,or any other cherges or lo make any payment3 ('
<br /> . .. to any exiatmg or subaequent I�enhdde�s or ex�sl�ng or Subsaquent peneucianea.Benetiaary may pracure sueh tnauranee and make sueh pay I ,
<br /> '' �� ' � shatl nol be obii0a�ed�o do so Any emounls di&bursed by Benet�c�ary pursuanl lo thie Paragraph 8 shell become adddional Indeblednea!of Truslor 89CWed I
<br /> . ?j•,• ... .
<br /> by thfs Truat Deed.Such amounta anall 8e payable upon noUCe�rom Benef�ciery lo Truslor requeating p�yment thereof,and shall beat fnteresl irom ihe
<br /> � j� � dele of dlsbur6ement at Ihe rete puyaata Irom Ume tq Ume on outslenAm9 pnncipel under Ihe Note unlees paymenl ot�nterest at sueh rete would be contrery �
<br /> �p�ppliceble iaw.�n which event such amounts shall bear�nleiest a►me hignesl rate permisafble under appNeabk law.Nothi�q contoinad In lhic Porayraph •,t.�k-_
<br /> �,., � ,., -.i,•?• .
<br /> ;;., .•; 6 4hall requ�re Beneliciery lo mcur any expense or lake any act�cn;c:�unde� �
<br /> ��r!�'�• 7.A881tiNMENT OF RENTS.denehadry anau have ihe nflht,power and nuthonty dunng ihe conUnuance oilhis Trust Oeed to ColleCt Ihe r8nt8,issues .��,.v i�-� •
<br /> e�d proll�e oi Ihe Proporty d�d of any pdrsonA�properly�ocated tha�eon wilh or wilhoul tak�ng posse3sion o�Ihe properly aHeCted herWy.and Truslor
<br /> �._7.^_un:.:- .
<br /> �" �' • hereby ebsolutely and uncondiUonaily assigns all such raMS.�ssues and prol�ts l0 8enehciary Benelfc�ery.however.hereby consante to ihe Trustor'8 . �,�s;y�:.�•
<br /> � �f�,,;' � �pl�ec�ipn and retent�on of such renls,�ssues and pro6is as they acc�uo nnd bacome payable so long es Truald re not,at euch Ume,in delpull wdh respeCt :, �;�l�:;i�l-
<br /> '4�•f ' to paymonl ol any indebtedness secured hereby,or in the perlormance ol eny agreement hereunder Upon any such detault.Beneficlery may at any time, �',,,�.,,' �, ; a�,:��ti�'V���;„�
<br />,; ' ;:', ��.' .. . edher In pftrscr. '��,agent,or by a recuwer to he nppanteA by,�couri wnhout nc���:i�r.•anhom rega�d to Ihe adequacy of any seeunty for Ihe Indebtadness .; .� ' ,..• - „�'+',,.,'
<br /> 4 '-.f •. P - .
<br /> ,� . :� ' " ,;,'���� �� F+ereby secureq.ia�enter upon and�nke possesslon of fhe Propeity or:my purll�:ereo:' ard�n ds awn name sue for or otherwise tollecl such reMS.Issues ••'�4;•,+;�;
<br /> .;� ,'� 1,��';:jC�r�;',,:.;,:�r:;;;'� ur.qp�p111g,fnclutl�nglhoseo6191dueandunpaid,andapplytne5.�me.lesscoslsentlexpansesotopMat�onandcolleClion,�ncludng►easonableetlomey's !'i;� , « .
<br /> � � � n �ndobtetlneES Secured hereby.and m such order as Banelic�ary may determ�np.(bl perform suCh acta ol repa�r or proteCt�on a8 mey be
<br /> � �•' �� .' 1fl85.Up0 811y .
<br /> . . ,�•� "•'!- '1_',�..,, 1�.,.�." . .
<br /> . +i y,.�;' �� �• � �� '�• neeel9ery or proper to Con9A�tiE+Ihe valpe o�Ihe Proporly.(c)laase the yame or any part tnereo'�oi such reMal,term.end upon sueh Condlt�ons es Ils �
<br /> '�':�'��� ; �' � .' jutlgmenl meyd�elate,or termmAte or atl�ust the lerms una eondd�unti oi Pz�sung Ieases Unless Truetar and Benel�aary Ihereot agree otherwise m wtitfng,
<br /> • '�'" , � '�,r��;�:• any applicatron ot►ems•�sgues nr prot�ts lo t+m�mdebtauness secwed��ereby shail nol oxleotl or postpone the tlue dele of Ihe mstallment paymenls as ��. 1� : ��;
<br /> ti;:
<br /> !' " ",rf';�,•,. provided 1n said promissory note ur c�ange tne pmou��t ut yuch mst.i�lment5 The entonng upon and lakmg�a.�ssess�on ot the Properly.the C011ect�un ,
<br /> ��'!� �� � � ol such rents.issues and protds.and Ine npp��caUon thercnf.ss alo�rsa�d.shau not warve or cure any delautt ur notice ot default hereunder or mva0dale
<br /> �' ,i',.
<br /> ; �.' any ect donepursuant lo sucr nM•4e iruslur alsn.�ss�gnti tu F3e��������•��Y •��t��rthor securdy inr Ihe perforroAnCe ol the obhgBUOns setur9d hereby.All .
<br /> „;� • prepe�d rents and nll mo��es•ir cn may hawi neen rn m��y ha�„����''��r deposih�d�s�tn�„ud T!,.��c�Cy any iessee ot the Propeny,lo seture Ihe peyment �`
<br /> ' ' . ol aoy rent or dnmeqes.�,r�c.rr tt��w..lt���tn�•P����•,��^,�'�c�•"I.���v���u���r�uv��.��,n•,r�•rot Tr��.;�o�ap�ees�o dehver such reMa and depos�ts to BenohCiaty
<br /> . � �: pellvery ot wrdfen not�ce n'He�M'��.uy s o■�rcise ut Ihr nqn�•,�P.�n���d'��^�,��• t� :i^.trr�n•cctuPY�ng said premisos shall be su111Cient to tequ�re 9a�d
<br /> i�
<br /> . � . . � � l8l1011�lo pay�enl lo�n..p..rel r���•� ��nhi huD,rr ,���e��� . .
<br /> � ,���'�:1:,,. '.�; � , ' I, ..r.�� 1t�'.���•n r•t.�•�:�'�°'d!.c t'1'�::CBNAif195.UY nyhl O�Hfflu1Bf11 UQT8�f1 Of 511T1113t dCY C' C _.
<br /> 6.CON�EMNATION.,'t ':� ': ��rv Parl.�I ln�1'iupe�'�
<br /> `• ' '"'.!' ;: ;°.,' ;��+�.'�', SR�II be sold under Ihreat c:;e^:�f,�^raUOn a�i:+wards ':�r•:�'��':•,�n�1 Deed`'.��1-!'rR oEnr ess S�?a�y.P'd loaTrustoa1d Tr gs or r1eee ehany noUCe or '
<br />- , � - ,�r.�,.r.�� .."•i'. ^ -
<br /> ' -' ,1-�r 1:,� �` �' . •�{i�('�.{',yl�;, such awartls.demages ana c�..:FiPd:1.(�E 3�" ??C�r�f':i '� . .
<br /> ''I'�S �;�r,4.,.,��}.•. �' ••�r•, other mlormetion regard�na >,.rr ncc::f.< :��r.^r.r..�9s in.:�:'.•'n.j�";.,°�'•'�`'."°�'�n c:.�,cr t•areof to Benehc�ary Benel�aary shall be entrtle0.at
<br /> ''� �, , ,.,, ��..� ,,.•-� i�<<:uea�� s a^O Sh�f�e Fnntlfd lO rneke BIIyCIXTP►q11�S0 W SEtt!@tN@M
<br /> • ' �i:r�'.�j�1:.�:, • 118 Op110f1.10[OfiIOIBOG@.dPGP.dt�n d�d PIS SE C:�:f"r •:��wn namc a���•. 9
<br />' � '�,y�� ���l , � , m connecUon wdh any su:n ic�a^ :.r�•-ccec•�7s
<br /> i ��1{�. . . ....��a , .w,�,..s�nl fn�s�U�.k)Nr'' ' �• �:��••"•' �•�;�Ct•nn : .. :�econveyance uf the Property to Trusror may make
<br />- ' - 9 ►Nivnc nuve,....r-- ��.°� � , -�v�,P.r�•[r".-." . '•��st Ueea wnen ev�dnncni nv N����••��:.:r-�✓3•°:°.�
<br /> ' � �ulure advances io Trusror •,�,�h r,�wru adv�in��!s wd�����!� • � - ' ' `
<br /> � ._ '. , .�r .,�Y:''�.Dd:.�"�'.�,de ddvantBS.�Ol�r1ClUdmg sums aavanceG ro o�otect
<br /> Ihat sa�d noles are secured hre��.by pruwdvtl Ih,it al nu! � ,� • ', ;PCV?A�tr+/PUy
<br /> Ih@ SB[urdy.oKCEteU two��u��dre�d p�•rre��i 11U0"..i���1���.,• i°., �....•. . .". �..
<br /> i nQlb[lAnC33
<br /> i . t0 REMEDIE$NOT EXCIUSIYE. fnr�e�r.u�A Fien:•l�u.�rv ..^,�,..:•.". ''._" :n.11l tie enUllpo lo�mforfP l��Ym��M.ind perlormance of any�
<br /> I O►obhgiUonS betweA hrreby and W�•re�u5e d��nqht5�inrf�:na�����'�tic�tn�ti T rust QeeA oi unAer anv ulhe���grepment execuled��COnnBCbOtI h@rCw�Th
<br /> or any IaWS now nr hered4o��n���rr.r nut,ndhsl.+nrl�nq�.n•na,;• .u� ���Ih.+•�u������deUtedness.�nd ub��UdtiOns ti���u�ad he�ebr maY�ow or hereAft�r bE
<br /> otherwise secured..vhether UY�no�tqa4N.Uust d�arn.t���n0�' �'�•n .��•,'y�'���ant u�ulhp�w�set Ne�ther IhN dCCPpliiflCN OI 1hi5 1�U51 OEk'd nOt dS @�IOICCMRht
<br /> wh@iher byCUUr1.i;Uu�Nn ci�eu�.ui 1�Ah��''ev'���;y,�r����.u�,nc�e•�'1�`.�r•..���I,v I��r��nL��"flrn I c'�err�,'d`b�vtl�ai�eVt thal f ri,5„Ptt.tt it deni t,i;',B��en�d�a�h
<br /> nght to reaute upu o v
<br />
|