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<br /> •'��������.�����il�������{,���b�������^'•rr�► � '
<br /> ----a�Mr�duetkpf��fran aMowls�+d,�n�sincuR�d b1l�in wnMCdo�wNh wch ProcMd�,�Po!►�f►ind�b�ei�w�a+�rd
<br /> �b�t�rsd�sssdsas�ss3�de:.assY.��hta�wctr�rac�allra�d�c�af�r�M�a��fM---��_
<br /> prop«+r�v«���nawonsas�..nd..m.yd�w�m�nwN►r.�ppuc�ionaPr�o�..asarpa�aMc+e+«a,n.Ynac..,o.na«pnMVa��
<br /> tba dw dM�d�t P��u°Q�ths Noe�a cur�arry d�hnk tti�rwand�r a hsrwrW�r.l�ay ue�ppiNd•tuc�d�sIMN b�p�W b
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<br /> a.��.�r t�.►;vao�mso�c�Re�c4aan twe��a�stiu�i�,nan.a�e.�y�eae�.n awo•�a�w
<br /> �ronwni�r�crd wh(ch m�d�i�illy aMsetrl.endsr'sinMn�t tnlheProp�rty.L�nQermsYin ib o�diicra�on.fiutwihoutobli�llont�dD
<br /> so.and wi/ta�t noliC�to or dwn�d upon Tru�bot and wiThout ra1MS(n0 Truqor i�m art�►cblip�ti�on.do anY actwhkh Ttupor fns
<br /> aprNd bu!iafb to do�nd may atsa do any at�act R daems�cs�aryf!o p�rolect ih��cwih►t�areo�TitMtor�h�Y.Ane�d�l�ly
<br /> upon asnifndlAKdo►by L�nde►•MYto Lend�rsl{cosband axp�naa t�fcwred�nd wmsaxpmd�d bU LKd�rin c�onn�ctlonwkh
<br /> �e�rcis�0y L��d�e[dlhs tors�oinp�hb.��witlf iMeraHt�soantthede(�uitnls 0���in 1MNolRwhicN M�1!b�
<br /> aelAsd�b 1Ni indeblsdnea�s�cured heaby.!e�le►ahall�not inCUt any Itability b�cau�e d anywinQ tt mny dv or c�mit b da
<br /> .,� - - ++�.�.•. ' -- " -_ • .,-: _ -�.._ _ _ _._ _ _ _ - -�
<br /> �ii�al,rows YdMii.TNSfa sMil kepp 1lte Rtoperly in eampiian(�with all appYcapif laws.Gtdinancis a11d rpufiti0nf _
<br /> . r�e{�E�g b industrid it��t a�eilvlronmenW prolecUon(collectivelY M«red W herefQ a�°Enviroewnei�W laws�.Trwlor sMll
<br /> .tca�tA�P�opertytpesiromal�wbsdncesdeemedtobstarareousortuxicu�deranyEnraoi�menw6awstcolt�ctiwlyr�Nnadta
<br /> hrr+Wt aE"it�d�s�"!-Truator hsr�bY wanants and rep�e�enls�Lend�[th�t�e ara oo Hazardous MaMriW on a
<br /> underlE»PrcpKtY Tniflorffe�'�GYaO�NSto indsmnNy and hot0fiarml�_�.�r.ifsdir�ectors,officars.�mWcYMSandaY�A�.arM.
<br /> � any�eafors m i.�ndws iMeresk nam und ap�Inst any arid3tdi ctatms.diiaa�.Wa�+:?+a►d BabiliWs srlainp In conn�cYor►witl►
<br /> , ,'ths pr�esence.use.di�postl or'trantport oi sny Hazardaus#Itaterials on,unde►,irocn o�about the Presperry.THE FOAE[i01Nfi
<br /> - YW1RpAHTtES MID REPRESENTATIONS.AND7AUSTOf�SOHL!(iATtONSPUASUANTTQ THE FOHEG0ING INDEM�IR1►,SH�l1.
<br /> ' 'Stl�lltlVE Ei�CONVEYMICE OF THIS OEED OF.TRUST. ,
<br /> • f 0.A�M d BwN�.Tniseor hereby�4s to Len�er the ranls.issues and profils of the Property:providsd thatTie�slo� �.
<br /> s�ati,ut�itiheoccummcsManCventofDeFau�td5ersundsr.he,vslhe�httocollectandrefainwchronl;��ndDrofibasihsy _
<br /> - � � becoms due and WY�.Upon the occumsnce o►an Event ot DMau�,Lender may.eiB�e�in Donon ar bY sy�!�tirith or wit�out � -
<br /> � ' ' txtnpirq anY action Or ProceedinQ.ar by s receiver appointed by a court and without roaa�d�the ade4tiacy ot i!s sec�l.eMer
<br /> upon and taks pos�ession ol ths Rroperry,or any paRthereof,in its own name or fn the name oith0 Trustee.aisd do anYacti which it _
<br /> deemsnecessaryordeairsbleto�resenrelhevatue,martcetabiUryorrenta6ifityotthePrqperty.oranYparttherecforinta�estthe[ain. _
<br /> -- — incr�tbe incaWna tharafrom Cr protect tbe sa�u�ity horeot and.witR or wishout fakinp posaessian of 3ne PropeAy,sue for o► _ -
<br /> ""- _ ofheiwIae cclfecTBie ceni�issues and profifs ihereof,including those_pasi due and unpaid,and appiy�te same,tess costs anQ ". _
<br /> - e�ipenses af operafion and coltection inoluG�rtg attomays tse��Pon any lndel�teIIrte�s seGUred hereby.att in aach orde�raa Lender ' �,- -- --_
<br /> may.4e/ermine.The e�in�upon and takinp poasession of�e PropeRy,the coitection ot such rents,isaues aad pcobb and fhe _ _ -
<br /> appiicaUOn thereot as aforesafd,shall not cure or watve any defautt or noucs ot defaNt hereunder or tnvalfdste any act cbne in _
<br /> . �eaponas ta wcb defauft or pursuant w such notice af detauitand�otwithafendiny the contiauance in posseasion of the Property a =___
<br /> 1He coliecdon,reCNpt and applica�on ot rents,tssues or proBte.aa4 Trustee an0 Lender ahail be entided to exercise avery ripi�t - _
<br /> provided tor in eny oflhe Loan tnstruments ar by Iaw upon uccurrence of any Event of Default,inctudinp without limitatlon the ripht
<br /> �. to�xercifs the power of sale.Furtf�er.Lender's rights an0 remedies underthis paragraph ahail be cumutative with.and in no way a __
<br /> � , lim?t�tion pn,Lender'a ri�k►and remedies under any assignment ot leaaes and renb recorde�f againn the Propsrry.Lender.Truatee
<br /> and the receiver shaN bs Iisble to account pnty tor those rerRS actualiy recetved. _ __ _
<br /> - 1 t.�v�ot ONwN.The foltowin�nhali constitute an Event of Oetault under this Oeed of Tniat _
<br /> (a) Faiture to pay any instailment of principal or interest of any ot�e�sum secured hereby when dua
<br /> ' (b)A breach of o�defautt under any provision cantained in Me Note,this Oeed of Trust any ottfie Loan Inatruments,or any ' .
<br /> other lien or ertcumbrance upon tha P�operry; .
<br /> 1 mea
<br /> lien on
<br /> i b shai beco
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<br /> T ato w
<br /> r a airtst ru
<br /> (c)A rrrit ot execution or attachment or any simitar process shall be ente ed y •�°
<br /> � the PropeAy or arry portion thereot or interest therein; '•'` �i= "'-�, _
<br /> - (�Thero shait be filed by or against Trustar or Borrower an action under any presem or future federal,state or other •`:;: r��.;Y:'
<br />. statUte,law or repulation relating to bankruptcy.insohrenCy or other retief for debtors:or there ahail be appointed aoy firstes. ;`.;�,�.--.�.-
<br /> recetver or liquidstoi of Trustor or Borrower or of all or any paR of the PropeRy.or the rents,issues or protib thereof,or Trustor • ,�:�,:,-;
<br /> - or 8orrower shail make any yeneral asaiqnment tor the 6enefit ot creditars; `_'' �;:�'���
<br /> - ` �• (s)The sale.trenafer,tea�,assignment,comeyance or fuRher encumbranCe ot atl or any part of or any inierest in ths �;:;«�'.-=,
<br /> � PropeAy,either voluntarily or invotuntarlty.without the express wtitten consent of Lender,provided that Trustor sha11 be �'�`- •
<br /> ' .._�:. ...
<br /> . v"t-�'?':?�s'<=_
<br /> � permitad to execute a lea�e of the Properly that doe�not contain sn option to purchase and the term ot whkh does not exceed �� ,,�;;��,.--°
<br /> � ons yeer, �..i,=,�.c
<br /> (Q Abartdonment ot the Prapersy:or ' r`�'���
<br /> ; � (q}NTrustorisnolanindivldual,theissuance,safe,transfer,assignmenLconveyanceorencumbranceolmorethanetofal ,r��'J
<br /> ' �,$, '��-t -..__
<br /> . p1 percen!at pt a corporation)Ita lssued and outstanding atock or(i1 a partnerahip�a total ot � pe�cent of n,��__
<br /> � partnership inte[esta durirt�the period thta Oeed ot Tnsst remaina a Ilen on the PropeRy. ' t:t�-"�-"==��__
<br /> �2, p�dM�;A�e�aYon{lppn ONwN.in the eveM o1 aoy Event of Oefauit LenQer may,without notice except as required by `'�`
<br /> � faw,declare a0 indebtedness secursd hereby to be due and payable ata�ihe same shall thereupon 6ecome dus ana payad� �.,''�� -_
<br /> wifhout any prefsntmen6 damand,protest or notice oi any k in d.T herea f t er len der m ay: �`� < •,-},�4
<br /> . . ._ (a� Oemand thpt Trust�s exerciae the POWEA OF SALE granteA herei�,and Trustee shall ttaereafter cause Truatars _�
<br /> , — - ieferbst�n tfie�ope�ty�6D�sora artd me prQaeeas ia be distr�oatau.aii ir�ti-�e r�anr�s:;.�s.'�:c::hc":.^•b!3$.4,$Tpwa!flmA� ., • '
<br /> . r' �C� T ..
<br /> � (b) Exercise any and aU�Iglits provlded tor in any o11he loan instruments or by taw upon accurrence o1 any Event ot ,
<br /> .'.�.r Dshult and -
<br /> (C�Commence an acUon to toreclose this Oeed of Tru9t as a mortgage,appolnt e receiver,ar speciflcally enfotce any o1 the .
<br /> ' �;: covenants hereot . '
<br /> � No remeay herein conferred upon or reserved to Trustee oi Lender is intended to be exciwive ot any other remedy herein,ln the � . , �
<br /> , ' �� I.oan In�trumanh or by taw provided ar pe►mit6ed,but eash shall ba cumutative,shalt be in add�uon to every other remedy�Iven ;�.., '� . . ,
<br /> � hereunder.in tfM!Loan InstrumeMs or�ow or hereafter exiaUng at taw or inequity or by atatute,and may ba exerclsed concurrently. �,..,: . �
<br /> � �• independently or successivety. � � �. . .
<br /> � ' 13.TiwN�.The Truatee may resi n at an time without cause,an0 Le�der may at any time and without oau9e appolnt a :
<br /> Y successororaubsUtuteTrustee.Trosteesfiallrtotbefiabtetoanyparty.inctudingwithouttlmitationtsnder,8orrowe�.Trusto�o�any i " � . .
<br /> � pu�chaferoltheProperty,foranylossorQamageuntessduetorecktessorwitlfulmisconducLandahatlnotberequiredtotakeany � � •
<br /> aCtiOn in conneetlon wlth tha entorcement ot this Deed ot Trust urtle�a indemnitied,Irt wriUnp,for ali Cosb.COmpensaUon or � . ,
<br /> _ -' expenees which may bs aasaciated therewith.in addiUon,Trustee may bacome a purchaser at any sate o1 ths I�opeRy Qud�cial or , �
<br /> �•' , under the power o1 sale granted hereln);poatpone the sale oi all or any portion of tha Properly.as provided by law;or sell the
<br /> ' �''*'"` ''`� Properly as 8 whOtA.or ln aeparate parcels or lots at Tru9tee'S dtscretian. - �� . � � - , -
<br /> ' ' � 14. F�and�xp�n�M.M the event Trustee setls the Property by exercise of power of sate,Trustee shail be entiUad to appty ,
<br /> K.��L � .
<br /> any aals praceeds tlrst to payment ot a�l coals and expenses ot exerciaing power of sate,inetudtng atl Trustee s fees,and Lender's �
<br /> ,' �;� andTrustee'saltomey'steel.aCtualtyincurredtoextentpermittedbyepA���btelaw.lntheevent8orcowerorTrustorexercise�any „ .
<br /> � . �F- �M provlded by law to cure an Event of Oetautt,Lender shall be enUUed to recover fram Trustor a0 costs and ekpenae�actuslty i ,
<br /> incurrsd as a resull.ot TrustoPs defsuM,including without fimitation a►1 Trustee's and attomey's tee�.to the extent permilted by ; , .
<br /> • -.. . applieabts law. ' � � ' '
<br /> -- - � ;g:f�ars/tdysnetR!lpoes-rec�esL ot 9orrnwer,�eeder may,at tta opUOn,make addiUanat and tuture advances and re- � •
<br /> I� ." ' i_'_---_.—,'--'J_..—___-_
<br /> -'?'��`?":� advsnces to Borrower.Such advanCes and readvances,wiih interest thereon,shell be secured by ihis 6eed oi Truaf.At no Un1e stiaif r -
<br /> � s�•�� � thep�inclpaiamountatthetndebtednessaecuredbythisCeedotTr��notiacludingaumsadvanceQtoprotecttheaecurltyatthis i ,, . •
<br /> , . • '�rr , �i��.� Oaed ot Tru�6 exceed the original principal amaunt stated hereln,or S � whlchever i�grester. � • . •
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