|
. . -�Cm."�K--==•._s!,'�.:[ . . .,;-�'�`-.�...�-_•�•as?..;Z.,�S,�=.:���'*`u"v,���,.'.�_`�iF:.__<;34.."s,�t,ti�LTs@�`iS�Si.'C�.!'tc4:€ _ - :t'-�.2:�.:� �_S}'^.q.Y.�":.:5�^ -= --
<br /> ..",� .: .— _ ,.-.`-�-� -�--..i.:n:ti2`.•`'-- _ - ���� �r- .- . _ -' --- . — - � - �:-r-_.-;r.. . ��..-- ... - _--
<br /> - - c r z-qFV�"r�
<br /> .. , . . . _ . F �. . .
<br /> . .. . -_ � ... . . .
<br /> , . , '
<br /> � _�.� r ��- � . _ �
<br /> __ i,.�;"' " '' " "' c:.-_�..� "':�_."__ ' _�' ..__��.... . ._. . .. ._ _ ' ._ ' . . . . _ . .. .__. _. _ _ —
<br /> �l�
<br /> x{��.'' `
<br /> �
<br /> e;'�. . � • . . ' .' _ - _ _ , , -:.,
<br /> . '', .. . - . . - -
<br /> =�;� - � ,_ - - �
<br /> ,
<br /> �` �: :,�,r,s�_ _ .._...._ _ '�:s:: - -_-_- � �,� _
<br /> ..�� � .. __ __._......_.� - .... _ _ '••-'�--`-- • '
<br /> E �'` � � � � !Q8`73�� -��,
<br /> �,�_ - . . ;�. = . � �� � . . . --
<br /> . i , "' • - - . . a�!i� _ _ ° .3.. .�_:
<br /> , - .'j � ' t c F�11 R�oonvayana: upa�wlitten aquest of�8eneficisr��dtating that ai!wms securcd hehby:�la�ve!��d. `, �,'.�'`-�
<br /> � `�. Tnnt�e i1rp11 rtconvsy:withontw�raiityr,t!�property tt�en held t�eunda:The�eatals in su�ta r�con+.peYance c anY �. .' ' �-a,';� �.�-
<br /> ��:. . � _
<br /> . rt�aite�of•fact shatl�tie c+:ewusiva:p�aaf;of the truthfulness thertof. The gnntee"iq.sutl',•�nvey5ixs�ns�►�r� :.' ` ' ' ' rX
<br /> . desigttsted as'�he p�isoa,ar.�tessors.ltrqrtiy eMittsd therrto'. Suifi request and recar�v�Y���at!operate as s � ' �`<<�, t z,.��..'� "
<br /> �easseqnm�ntofthererns,�na�me.itscoc€a�nd;�xofitsiie�tfrtb�tfaeassignedtoBenefivar�,� . ;'_,: .: .: y "�.,. ;.:
<br /> , _ . . .,. _ �. _ ._,.:, . _ _
<br /> q�hr.to�to{Iecs�aad�Raaeive.qs��nd��rofits: Notwithstandinganyoihtrprovisioiis€�of; Benefitiary ; - . ,
<br /> �`,._ . #kreby�qr�r►tspennissicnrtoTrus�antoc�M1lRCtaMreLaintherents.irtcoms,iswesandprafitsofsuds'�tY,ssthel►. ' .
<br /> , . ; :�� :,
<br /> -_ ---= - - betama due ar�d�payalrtu,6ut�resenr.�.she ri�ht ta nwoke wch r+niss+on at an wne.with a vr,t�so�t cause.bY•, . � _�_.. : `
<br /> i
<br /> _ notice ia�wsitlrug,to•Trus¢or;ma+leit:w,Tnisiac at his fast known�dre�s-. In any event,such pem�issio�ta Tnistoc. :: - - ----
<br />,. �: . . automatically.shatl6e re�wked�+l�a����+k by Maker or Tiustnt�in�yme�t of any indebudness sewrcd hereby or �: .� . � �- .
<br /> in the perfo�nance�f anp,agr�emant�it�r�under. On any wch dbfault�Benefrciary may at any time witl�ut notia, � ;
<br /> � � eFii�Nr irt person.b��aqlm�:os:6K•tet+3ittar�w be appoinud 6y 3he Gaurt.and without re+gard to the adtquacy of any -
<br /> i= security�tor�the indabtedn�.sea���fiereby,enter upon and take possss�ion of�ch property.or any pa�t U�eot, i �
<br /> � �_ ; ", � make,.cancsl,,enfo�a as�ma�if�=i��ies:.obtairtandeject tenants..,set or,nsadify;rents:. i�its os�n riam� sue vc �:��. :, . .. .
<br /> � � ; oEthenNise c�oq�ct tha rems;,inc�rm�.:tt�ues and prafi�s thereof.incl�dia�those past due argd unpaid:and appty the } ,
<br /> - �: . -; F sante, less casts��and explense�-af:operaiion and coltectior►...inciuding reasonabte attomey's fees..upon any ; ��
<br /> � � f � indebLednesssecu�Pd�h�rab�•:and-in wch order as Ben�efitiary mayEeter�mine;�,and e�ccepi�fo►•such apptication, ; .
<br /> ' Benaflcda�Jsttat#'nai�beli�hlE:w.any.personfarthecotlect�onor�noncoit�ctionofangants.incan�e.iswesa�xofit�, y ;
<br /> - ,. . � t ` � _ .
<br /> for.ttta fa�lura ta a�i are�urc+a any of tt�e foagoing�ights.norshal(Beneficiary be cha�ged witl►anyaf tAe duties
<br /> , and�obllgatians�nf��qtnrtg�tgee in possession. The entering upon,and taking paxuss►on�04 such property,�the
<br /> � � collsctian�of�sudj�rr3nis�,�iawrne,issues or profits,the daing of as6�sr acts herem authori:ed,•and the appiicativn ` _ : -
<br /> � , � , � therenf a�afo�ttt`;#ha�l�not wre or waive any defautt o�noti[e of.default hereunder�c icivalidate any sct done . , .
<br /> � � - pursu�nt tcr�ic3� � . ;� � .. ,�
<br /> ei6�t�=� _ ` .. .
<br /> , ,.. .,
<br /> ; �. . '� ' �;:-'•`%�
<br /> . . . Tr�st�e�'�Sit��ci�R�ftz Upondefault6yMakerarTrustori�pa�rr�t�e�anyir•.dr��Qdnesss�cafrsdix�eby : ;�:�r,.�. • �.�.
<br /> ;: �� ' -, as,in p{erfl�ttli��lr�e ot an�•a�8ement hereunder,ar any agreement secur,�#,h�s��yt,Bene�s���r may det�are alt sums '� . ;i �
<br /> se�t�.d�tlttn�b)t�fmrtte�i�l�etue artd payabte and shal!cause ta tte.fiied��a`�zecor�a uur+t���otice of default an0 � i�`" �
<br /> : �` eifi�cti6n� a3t�411fdth ��_ Atur the la of such time asthei►rna tre required b tai�c`±`cJ:�owirt recordation of .;`..tr?�F�-
<br /> t'. p P� � Y 9 <;:k;�?,�
<br /> � �� �� . wtQi�nptl�a�f�default,ar�d:,rr+atice of sate having l�ee�given as tlsen:requir2�by law.Tr�sste�,withcut demand on � , ,
<br /> : i� .",.� � Tn�stpn shall sell such prc�erty,either as a whote or ir�separate taariets,an�in such order as it o�8e�eficiary may ,;',,�• . �� '
<br /> . t . .d�f�niRe at public audion to the highest bidder. TrosLee may�postpone the sate of all or any p��n af such ;;::,., .,, :
<br /> ;� � - pmperty b�public announcement at the time and place fixed Fsy t��pteceding postponement.. 7'rustee�s ha l l de liver �;j:;;;: .
<br /> ' to wth.purdiaser iu deed conveying the property so sotd,'fr��+it°:thout any covenant or warranty,expressed or '"��: .
<br /> � ` ' � im�tPed. The r�atal in wch deed of any matters of fact or ciEtc��rl'sse shall be condusive prawf af the truthfulness ;.;,_.� �
<br /> ' ` ttEerr�af. Any person,including Trustor,Trustee or Beneficiary,�rray gurchase at such sale. Trustee may«�set!at any ,_'.,u�,,���,
<br /> ' sex�r.sate and as part thereof any shares of corporate stock securing the obligation secured here�v�ya and Trostor �
<br /> i wiauv�s demand and�otice af such sale. (8eneficiary at Iu option may atsa f�r�clase on such shares ti�independent ���`�;
<br /> �� � piedge sale,and�Trustor waives demand'dnd notice of such sale2: after deW�.°cting att c��ts, tees an�expe�ses of � '\��'�:�;�;':' � �'
<br /> � �� Trustee,and of t�Isis Trust,including cost of ev�dence of tiUe in ca�^�ction w:��.trsuch sale,,-rr:i,�fi�e shall frrst apply t h e -
<br /> , � `�'' p�oteeds of su��r.o Fayment of all sums expended under the terrtzs��sereat;rtc.��:then re���th aarued interest at . , ,
<br /> � � the rate then���abte urtder the note or nates secured hereby,and then to pa:,�fent of alt ol"`�r sums secu�ed hereby,
<br /> and if thereafcesihere be any proceeds remaining,disuibute them tethe person or persons tegally er.;:�'..�Ahereto
<br /> � .
<br /> � � Substit�it�:�n af Trustee: Berte�ciary may,frcm time to time,tsy irstrument in writirtg,suh5'.z:N�a a.sattessor or
<br /> � 1 suctessors ta�y Trustee named herein or acting hereunder,.vu'�.=sEe instrument, exetutnd and ac3c�r3�+►ledged b�i�
<br /> � Ben�ciary arr�fecorded in the office of the reqister of deeCS�.�i,he courny or count6es w�er�g,±�t�► propertSt.� '
<br /> � situated,shall 6e contlusive proof of proper substisu�son of such successor Trustee or Tnrstees, v►��s!^,atl,without
<br /> � �� � �eyancesfrom the Tra:svee predecessor.succeed te a!I its titte,estate,rights power and duties. '
<br /> ,.' �>�:;. . . .
<br /> �� • � ' ; ; Ata Waiver b�B�e�eE".�sary: No waiver by Beneficiary of any right u��2r this Deed of Trust shall be effective
<br /> r; � �,�e';ess irs s�r;t�c�}. Wa�ve�by�enefiri�m�of any right granted�t�8e�eticbary under thes�eed of Trust or of any
<br /> , ��.
<br /> � � . �qy;�;�d¢r�:n;�p�ecl pt Trust as��o�t transact�on ar occurre��es��11 not be deeme6 a waiver as to any future
<br /> � ; '��
<br /> ; � r��.�-saction or�sccurrer.c�. By�accepz±rtg payment of any sum se��:�C�hereby after iu�'ve date ar by making any
<br /> ; � ����� �xa�^,�:ent or performing���act on behalf of Maker or Trustor that Maker o_>Trustor was obligated i�teunder,but
<br /> { �' E�;;�s!to make or perfor^r•,�e by adding any payment so made by Bertet:�:a.^�to the indebtedness s��ed Ixreby.
<br /> '� �������'��I� 8eneficiary does not w�>ae iu right to requi�e prampt DeYment�+ahen due ef ail ather sums so secured or to requlre
<br /> ;. ,:.,.....� :
<br /> ; � prompt pe►fc�as+ce of ail other acts reqwred hereunder or to�e��ze a default tor 4aiture sa to pay. ,
<br /> � � Waiver af Statut��Limitations: Time is of the essence in att Maker's and Trustor's obligations hereu�edet;
<br /> u.
<br /> � artd to the extent permitt:�by law.Trustor waiv�s at!present or future s*.ar�:tes of limitatians with��spect to arcy
<br /> �. � � deG�t,�demand or obtigati�ra secured hereby in any 4ct�en or proceeding far the purpase of enfercing Q�nis Trust or any
<br /> �� ria�P�ts or remedies hereunder,
<br /> � ;
<br /> :1 j � tnspection and 6usiness Records: Beneficiary at any time during the continuation of the trust may enter and
<br /> ";' irt�ect such property at any reasonable time. Trustor agrees that in the event such propery is now or hereafter use0
<br /> "f. t.�commertial or residentiat income purposes, wt�en requested by Benefic�ary, Trustor will prortr�r.i:�g deliver to
<br /> 'j B�rs2ficiary such certified iinancial stateMea�ts artd�sofit and loss statements ot such types and at v:�st�►�;ntervals as
<br /> � rtsa�be required by Beneficiary which w�:rt be in farm and content prepared�ccording to the usual anr�aaaptable
<br /> Y, aceouniing priRCipfes and practices,w��,ch statements shall cover the financiat ope�ations relating to sucfi prope�ty
<br /> - ' and Trustor fuc�her agrees when re�u.�zs'Rd by eeneiiciary to prvmptly deliver in writing such fuRher addit��oa3!
<br /> :�� ; infcrrnationasrequired by8eneticiar�cc`atingtoaRysuch financ`ai statements.
<br /> ��'�� � Aaetetation Clause; 5hould Trustor,or an�s�:scessor in interest of rr�stor,votuntarily ar ia.u�ctunWrily sell,
<br /> : �" ��.�nge,convey,transfer,coniract to sell,lease�ro��r.option to purchase,sy�3:�ase,dispose of,ch�rnr��e character
<br /> ' � � vr vse of,arf�srther encumber such property,or ar^��an thereo�,or any 1nte=esr thereirt.a�1f any��`said parties shall
<br /> � be dlvested oftitle to such real prope�ty or any part thereof or any interest t�efein eith�r��(�.:^'.ar,P��r involuntarily,
<br /> � or if title!o such p�operty 6e subject to any fien ar ch�rge volumarily cr invofuntar:���;.�ntrac��.��! or statutary,
<br /> J � without the written tcn�^:ef 9enciiciary 6eing.'�rst had and obtained,tFen Beneficiary shall haa�:W�a right,at its
<br /> opt�on,to d¢clare a11 vir^s��cured hereby forthwith due and payable;and this same right of accc����tian shall be
<br /> � # available to Ber.elician�:`ahs undersigned is a partnership and the interest of a qeneral p8rtner t�rminates, is
<br /> !: � assi9ned o�t�at.sferred,or is diminished or if the undersigrted is a torporation�nd any of the corporate stoc���s _
<br /> _i , t tr�nsferred,sa:st or assigned;or if the undersigned is a trustee of a trust and there is a change af any ot the t�ert�ii+��
<br /> i interestotthetrust. -� --
<br /> �; f
<br /> F
<br /> . �
<br /> � . � � .. _
<br /> � • � � t ;+� r
<br /> :;
<br /> , ,
<br /> � �IyNafS
<br />
|