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�9� 1�8832
<br /> ts�ocated)
<br /> as ado ed in the state where the real ProPe� ther with
<br /> �20. 8ECURITY INTEREST UNDER THE�N�Fo RM OS�Me Uni orm Commercial Code�f Trust�hall be considered and be effective as a finanang
<br /> $tatemeM�a flxture filing pursuan Pr ��owned or hereafter attached to or to be used in ccnn�est n such Chattel,s.ry The debtbr is
<br /> cove►ing flxtures,chariels,and artides of personal propertY to����ures induded witN�n
<br /> �y�d al�repiacements thereof and additions thereto(the"Challels"),and Grantor hereb grarrts Lender a security�
<br /> ��G�a��}�above. This Deed of Trust will be effective as a financing statemerrt fl�ed as�f��re fl�n��indudin�g said fixtures)is situated. rthis
<br /> be flled in any other apprcPriate flling or recordin9
<br /> �premises and is to be filed for record in the real estate records of each�otheWherm�s a�nd meY Pre
<br /> peed of Trusi shaU als�b�eff�Ne as a finanang statemeM oovering�Y �s the Lender described above• UP°n dem�►d.Grarrtor shall
<br /> ic or other reprod�a►ion of this Deed of Trust oThe �andn�g 51at8meM relating to this Deed of Trust shail be sufficient as,a
<br /> offlce. A carbon�Ph�O�� as Lender at any time may deem
<br /> fl��$��e�t for any of the purpcses refeRed to in this ParagraPh•
<br /> make, exearie and deliver such securhY a9reemerrts (as such term is deflned in said Urnform Corrmerdal Code)
<br /> or required to granl to Lender a perfected sec�MY irrterest in the Chattels,and upon Grantor's failure to do so.Lender is authorized to
<br /> �8�,��p� equ y � est of Le�der,
<br /> � �y��agreemeni as the agerrt of GraM at���hw�h ut he�s gnatuBeorGrantofin Grarnor�will r however,at antet me u e n requ �d Unfform
<br /> �qalCode)wfth respecy io the Chattels, uired,in
<br /> ���fl��i�g stateme�s. Grarno�will pay al�fiUng fees for the filing of such finanang statemerrts and for the refili��rn�fv ng h Ct�els,then
<br /> the o p in ion o f L e n d e r.b Y
<br /> s a i d Uniform C,ortrneraal C�d�• �f the lien of this Deed of Trust be subject to any�d���the Chattels is hereby assigned to
<br /> in the eveM of any default under this Deed of Trust,all the rig M,t i t le a n d i n t e re s t o f G r a n tor in an ta�Y 4 ;
<br /> er wfth the benefit of any dePosits or paymerrts now or hereafter made thereof by Grarrtor or the pr e d e c esso r s o r s u c�S O�����!� of
<br /> Lender,togeth �
<br /> Grarrtor in the Prope r t Y• e nd funds(induding attomeys'fees a n d I e g A l
<br /> Grarrtor or to exerase anY ri9M or remedy of Lender under this Deed of Trust. Upon demand Grantol'
<br /> 21, pEIMBURSEM�y��UNTS EXPENDED BY LENDER. Lender,ai ther�w'dh i e est thereon at the lower of the highest rate descxibed i�anY
<br /> expenaes)to perfo acl ired to be taken by � �nder toge
<br /> shall irtrr�ediately reimburse Lender for all such amourrts expen �nt urrtil ihe date of refmbursemerrt. Thd after the Sbe9inni�9 of pu�licat°�°fflnotice of
<br /> pbUgetion or the highest rate al�°wied bY�a`"�frOm�he date of payme
<br /> pbflgations herein and shaU be sea�ed bY the beneficial interest graMed herein. If the Obli�tions aretpha��i�ions after the beginning of pubf��i i�o'ion,
<br /> or in the event Lender shall,at its s°le option,pertri►Grantor to pay Y P�'t
<br /> sale,as herein provkled. o��,then,Graurior shal�PaY o�de�d al�expenses incuRed bY the Trustee and L.ender in oonnecdon with said pu
<br /> notice of sale.as herein pr ,
<br /> i��p��ee�sonable attomeys'fees to the attomeys for the Trustee and for the Lende�,and a reasonable fee to the Trustee,and this Deed of Trust shall �
<br /> security fcr all such expenses and fees. g
<br /> the oceeds of the trustee's sale,firsl,lo the costs and expenses�o�ffor inpthe DeEld���
<br /> 22. APPLICATION OF PAYMENTS. The Trustee shall�Y � nt of'unior deeds of trust,mort9a9es a other lienholderg �ndaikte
<br /> sale and of the sale,induc�ng the payment of the Trustee's ees actually incurred not to exceed the amouM which may be Provi .
<br /> seoond,to payme�t af the obligation secured bY the Deed of Trust,third,to the payma 1 �
<br /> balanoe,if a�y,to the person or perscns IegallY errtitled thereto.
<br /> action or execute ar►y���
<br /> 2g, pO�WER OF ATTORNEY. Grantor herebyappoirrts Lender as its attomey-in-fact to endorse Grantor's name on all instrumerns and other'dowh�Artte
<br /> ning to the Ob�igations or Deed of Trust. �n addition, Lender shall be eMitled, but not required.to perfortn any
<br /> �ired to be taken or exea�ted bY G�or��fauN un��isfDeedtof�rusi r All�owe�°f atlomey described in this D'�eed of Trust are wupled wflh an
<br /> pbl tion or cure anY
<br /> reheve GraMor irom a�Y �
<br /> ir»erest a�d are��°�8' evious lien, securitY inlerest or encumbrence
<br /> 2�4. SUBROGA'nON OF L.ENDER. Lender shall be sulxogated to the rigMs of the holder of any pr
<br /> dischar9ed With funds advanced bI/
<br /> Lender regardless of whether these liens,sea�rity interests w other encumbrances have been released of record.
<br /> �tted by law,Grantor agrees to pay Lender's reasonable fees and costs,indudin9,bui�ot�o�a�ge�'js an
<br /> � Cp��TlpPl COSTS. To the exterrt pe s derks and consultants),wheth�en�o f this Deed o Tn�ist•whether or not
<br /> rns indudin without 9mitation para�e9al , � or��y
<br /> and costs of attomeys and other age (���8�Ilectin any amo�M due or enforcing any gh� M�����on actions. ,
<br /> employee of�L�ender.which are incurred bY al,m banlwptoY,and tor post-judgme .
<br /> suit is brougnt.Induding,but not Iimited to,all fees and costs incurred cn aPPe exec�tin and recording one or more Partia�`�� 4f
<br /> re�ease its irnerest in a portion of the Pro bY , 9 pf K�
<br /> 26, PARTIAL RELEABE Lender maY g rtion of the Properh�• Not ing herein shall be deemed 10 obl�ate Lende�to releasp anY,
<br /> R��y��ithout affecting ils iMerest in the rernainin po�or���d o��ise reqwred by law),nor shall Lenderbe obligated to release anX i�
<br /> irn����P�(eXCept as required under Para� mterest created by the Deed of Trust remein in effect with,.respact to
<br /> of the PropeAY ff raM°r is in defauft under this Deed of rust. The lien rrty
<br /> ��rt�of����hy,as defined in the Deed of Trust.that is not the subject of this or any Partial�eed af Recomeyance
<br /> . ���p�q,� pNp WAIVER. The modification or waiver of any of Grantor's Obligations or Lender's rigMs under this Deed of Trust mual be
<br /> � q � ���r ���r�Y�rfo�any of Borrower's or GraMor's Obligations,delay or fail to exercise anY of n$ri9Ms or
<br /> ned In a writing sign bY or without causing a waiver of those Ob�i9ations or f�n��nds�°ne o���e�I not;const�
<br /> �a frorn Grantor or anyone oiher than Grant X��
<br /> other oxasion. Grantor's Obli ions under this De G�oNS�rr�e°o�ad�pa�rty o��y of its rigMs a��Y G�Of� �
<br /> a W��°n����leases sny of the Obllgat ons belonging to any of the Obli9ations shall not be deerr�ed a Wa�ve��d�'=�hd�r shaA
<br /> exerdse,��y of the PropertY• Lender's failure to insist upon stricl perfom�anae of any � .
<br /> third perly at�y��thereafter to insist upon strict perfom�anoe•
<br /> have ihe�igM subs8tuta tnh�
<br /> reason to remove the Trustee or a�Y
<br /> UBSTITIJTE TRUSTEE;TRUSTEE LIABIUTYn�r ofEhegObli�gat�ions sh�all deshre fo�r��Yfnabilfts,he e�t���I�POWe rt mapp�M�W ��
<br /> �ew�re��eal property is located or in case 1he ��d stead,the holder of the Obligations i bY 9
<br /> �������d�o appoirn a new trustee in his pla i��,��suocessor to all rights of Trustee hereunde�and the'aame:ghal�
<br /> substftute trustee for said Trustee.�st�ob� e trustee shall,when appc d��tances whatscever•
<br /> become vesled in him for the purpc, s of this De TNS��oW�othenrois�e ee'sponisible or ao�uirrtable u^da����t�TN�� T���
<br /> error of�udgmerrt or act done by �rtue of the powers herein�rarrted ft�Pon the Deed of Tru n��
<br /> ���not be liable for anY�� Ilable in case of errtry by it or anyone acting by ��5 Trustee shall have the righ?lo rel on anY� uine.
<br /> Ttustee ahe��not be Pe�s° �Y S ���� in the mana9emern or operation�o�����n hereunder or believed���n��to be gen
<br /> �M�1ed or Ilabil'rty or dama�e action taken or nsatidn for suGh
<br /> documeM or signature authorizing or supportin9 anY rt���rfo��e of its duties hereunder and to reason ��
<br /> TN����be ent�led to reimbursen'�ern for expenses incurred bY� � �Sation due Trustee hereun�d.er��rf��Tof���5�
<br /> of its aervices here�nder as sh�l����. �r�or will,from time to time,Pa�d expense whatsoever incurred bY
<br /> ���h�n�ess frorn and against any and all loss,cost.liabil'dy.dama9e
<br /> ied as hereinprovided,be held in trust for thepurposes for which they were received,b���Ot
<br /> ��ys�eNed by Trustee shall,uMil used or app�' �o tF�e exterri required by law) and Trustee shall be under no liabil'�ty for ir�terest,qn�Y
<br /> be segre9eted in any menner from any other moneys(excep1 6: .`-;
<br /> moneYs received bY i1 hereunder.
<br /> S�CEggppS AND ASSIGNS. This Deed orsT�rscnal repre Mffiives�,legatees and t�sees.neflt of Grantor and l.ender a�d their respa�lNe
<br /> �' s trustees,receivers,adminisuat .pe
<br /> suoceaaors.assign .
<br /> CEB. ExcepR as mhe�wi�e�����Y�aW'�^y notice or other corm�unication to be provided under thisaDeied�o��9����o time�'Anp��
<br /> �' � $��addre Nen the earlier of three(3)daYs afler such notice is serrt or wh�t; r��,�,
<br /> to the part�e sses desaibecl m this Deed of Ta shall be deeh�g ress as the parties ma des�9� r� 1 ��;; +�
<br /> ����nd sent by flrst dass mail,postage PreP� . �r' g g � ".}
<br /> by the person to whom sudi notice is being gNen. �ar s
<br /> law or is unenforceable,the rest of the D e e d o f Trus t s h a l l o o r rt i n u e t o b e v a l i d a n d enfor�le -�-�r
<br /> g1, SEVERABILITY. Whene�e�P°ssible,ea e pr�'s i o n o f t h i s D e e d o f T r u s t s hall be irne r p reted so as to be effective and valid under appllcablB
<br /> Iaw. If arry provis�►�of this Deed of Trust vicla1
<br /> 3 2. ApPLICABLE LAW. Thfs Deed of Trust shall be 9cvemed bY
<br /> the Iaws of the state where the real propeAY Is located. Unless app�kseble I�r �„ ,
<br /> Lender,in ds sole discretion,located in thffi state.
<br /> othe�wise�Grantor con s e r rt s t o t h e j u r i s d i c t i o n a n d venue of any court selected bY sentmer�t,demend for payment,noU�e o f d i s h o n o r a n d
<br /> � ��E���g. G�t a a n d L e n d e r a g r e e that time is of the essence. Grantor waives pre �i�t o
<br /> est ex as r ired by Iaw• All references to Grarrtor in this D e e d o f Tru s t s h�le iMeg�i�e d u�de nrstsan�g b�e��n G�a�r rt eofs a nd��h�P e �tor,
<br /> �����s�be p• int and several. Thi s Deed of Trust represerds the comp� „�^
<br /> the tem��d condflions hereof.
<br /> 9q. Np THIRD PARTY RIGHTS. No perscn is or shall be a third party
<br /> benefiaary of anY pro�ision of this Deed of Trust. Alh��w111��'��f
<br /> Trust in fava af Lende����e����«,�yof ih s D of Trusi inel.e�der s soler dis'�cxmte ion�l�ernhled to assume or expect ,
<br /> consent to the modl8ca�io�°f�y PfO y uararnor of the Obli tions,'oY anY oi�
<br /> 35. PRESERVATION OF I.�ABILITY AN�PRIORITY. Wdhout affecting the liability of Borrower,Grarrt f�is Deed of Trust over the irrterest of any person
<br /> ex a per�expressly released in writing for the paymertt and perfn� w y th epr�o�tions,and without affecting the of lhe OblipeWO�3;
<br /> ��� � not expressl released in writ�ng,and withoW impeiri g y ����
<br /> resped to any PropenY��by���9���QM to the recording of this Deed of Trust,Lender�Y�of herObligationsftemake anYu��ee�� �
<br /> ired or flrst a�A rson liabte forpaymeM or perfom�an�e of all or any pan or remedY ta nat Lend��y
<br /> ����otioe or conseM:re�ea��Y P� of the Obligations;exerdse or refrafn from exerdsing or waive anY�W�h �o�r pe�o� ,
<br /> ce of all or any paR arry �d��G�n���
<br /> t�°f��aj��g���ooept additional securilY of any bnd for any of the Obligations:o� nat re n he Proiperly shall be deerr���/ ,�
<br /> u�ring the Obligations. My P8
<br /> rson acquiring or record�ng evidence of an Irrterest of any �r� ,,�„r,9����
<br /> iM������g anY evidence thereof,to have consented to atl or any su acUons by Lender. ;,`
<br /> �4ds
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