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<br /> �' :. 9�,�"�:Q�t��$�., ` ' ; `
<br /> `°� '� �otific�tlori to Ttyp�t+�p a�nd B�nNICWI►•�n th�avsnt anY Pa�k1►t�eur+4K[s nat nneMrW on a�belar�t titt�r+hSl d�ys�� ' .
<br /> ��' Rs+zptration date.�na�ated w B�rnBdaryr maY D�ro sucA fnw�u+a irt acc�darx�wltA tAs Pravtslo�ot Parapr�ph T= ,_
<br /> -�� Tr�3tor aN1{d�lirar ta 8MA�4tM(f►,th�s aripinat Dolict�of tnpu►ancR.�nd nnawd.s th�re�!a coONs of sucA pottet�a and.- ,
<br /> nn�rat�•t�i'��Mt�u�.t��;um�#A,sud�Msunna l�r,Tn�stor�oc retiewrW as tr4ut�d MrwndMr,shatl:at th�optian o� .
<br /> -.� 8�n�ficlsry;constttuts s dafes�it�7tlt�0�!lum�are�rqnbs►ssstORed ioTrwt�as addtttor�!�curitY.�nd a sW an4 : .
<br /> � cQnvsjtar�a o!tM P�npoertY t�ths Trustse atpU opaiste tA Gonv�f►�o tRe purcAaser tt�s�nrstor's irtt�nat in snd to all poikie��
<br /> "n {f!t�iUfalfCA uD�tll�TNSt R10peR�/- �
<br /> 5.tws aedAtNMl�M�s.Trustor shsli payatl WceSti�ndapsCta!asses�mant�tevNd orasiisSeda�inSt►ardulupor�.MS
<br /> - - prop�rt�r b�tore dolinquencY and witl dettver to BeMtE�iMR.coptes o!rocetDts af�xinp PsYmant oi auch taxes and sP��
<br /> - a�saert�►b.
<br /> • �` a.�LiwM.Tryatar shill mak+s�1 psY�ts ot IMeMSSt AnA principal.and paymaets of ang dhae chsrp�s.fM�u+A
<br /> '� � � �nsis contriet�d to 6�paid ta ar►Y exlstln0 Itm hotQsis a Pflvr t�en�l�iciarRs wndar anF A��of T�art.l�n�t�a —
<br /> :-- �• � Qther t�CUrit�F i�nt,betors tht Qi1i tMl/m deltAqttlltlt.�nd t4 psY�.ifl�.9tfNf Ct�iR!Whtch 1�D�4�?�As ttN.sACtJritY ---
<br /> pnnt�d he[ain. "
<br /> - �.�ia�a�.n.�et���hr•�+td 7ruata tait to.ma�ke anY MYme�rt�iai!ta do�nY�•s t�ra�i�ar tt --
<br /> any actian or,Dra�d�rq Is comrs�encsa whicl�matetlaltY atfacts Bsnefict�rl�'s i�arest in ths.Prape�ty.�Gtc�udtnn►Hut nW _
<br /> � timttsd to.errt�MM►t damatn,inaotwneYr•�fipert�e�ts or P��n�a inrotvin�a bt�n k�u p t ar Q s c!u d n n t.t h�n 8enefic t s[y or
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<br /> f�usta��dut wiYNOUt o�itgntfan to Qo a0.an6 without no�tce toer.dern�d upon Trwtar,aad witAout rsleaata{�1.T,:;i.uwswt�o►tram u►Y `
<br /> ... n : O��Zbfl�1�fMl11dA/�ilt�'T�ts�(�O/dO��a1110ra�iR�Q�yi��+�+ '`•Oflt�0/'1'iW1�p(�Q1�¢¢#11�IR1C�fR�a!w.^�v�C118[�Of __
<br /> r' ;� ften.whtchtnthsI�tofNthetappstratoafieGtsrl.��inex�rcisinpanYaucl�P�NS���/aTrustea -_
<br /> �� � i . ��'.�" �y tncur s NqOtiitY��whateret�mount0..tc�[�..r�"'i??�'�s�enbnZs oi teasonabis attoCn�Psteesrait�cR in Msir ats °_..-,�__,
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<br /> , ��.�. <-�., �►uc•atsc�etr�o.msr de nac.ssanr-tn t!�erant.thsi"�r.�cs�at��tl to P�ocaurs tnaunnES,faii to P�Y i�ccbs and apsdsl ,.-
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<br /> ;��-�-�'_ '��- useaartr�ntn a�tsif to mskf�r►y PaYments to extaiMS a��atia�c Rqidera or beneffclaNes.ths Benaticisry.q!sY Procurs auc� n`��-
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<br /> . �s;, :. tnsuranca and m�ics auch pay�ne�b.Alt aums tncurr�¢�.e�en�d dY�flalary or 7rustas in accordari�aiswith tha pro�vl� • ��r�+�-
<br /> ,S • . atona of the Oeed of Tru�t ac�.sacurod hereby anA.witit�deman0;ahatl ba Immedlately dus and payabte by'itssnorand ahap• � r-
<br /> .��'" .'� °� ppar intsrast at,the rate{�c��irted tar�dvances�cr�r t�e Laarr.AlQreement:provideQ hawever,lhaf at:tf'te optlon of ti�e �'+
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<br /> Beaeflclary or Trustes,sacE��cirr�cRay Us�dded to t6e princi��ance of any InQebtedne�s secured herebYar�d ahall beu �=�'-—
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<br /> �' � ths aame intsrest as auch Cadebted►:��r�d ahalf be payable ratafity over ths remaintnp ta�m tbereot. ` �� -
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<br /> _ s�,. . g,�p�{��.�aeflctary s�3 hava Me.K.�1t�,powera�d authority durinp the+contlnaance of tP�ia Oedd of Trust to ��
<br /> coltect tNs ronts,tsaues aa�Orof(ts ot the Prope�t�c�cx�01 any peraonal propaRy tocate4 ttT�on witf�:ar.without takin� �'`�"'�'�"���
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<br /> poaaesslon af tfis P�raperr���cted hereby.and Tru�r;lereby absolutety and unconditlonait��igt�.�f�af'i��enta,Isaues �4 :r�. �- _
<br /> } '�" anQ Drofite to Bensflatuy.Senaflclary.however.h�+�by.canaents to tAs TrustaPs calfectian ar�v��ret�tiai�8t such rent�: : � �,�;�.-=�-
<br /> �'' ` �" � �`�•"� � taauea and profita as they accnie and becoms psYable ao long a:s�F�ustor is not,at sucb tiKie4 tri d�fauit Yin�h respect to psy *s�'�'-�--�—
<br /> � +. 1 m�r►t oi any:indeM�Qness aecn�t!e�ebY or fn the pertorm8rrc�of any aQreement herau►r�er. Upon anY su�h:de�xcuii,:� :f� '`:` -`
<br /> �: � .� - eenefictary msy at an�r time;e�irter in p�araon,by asent or by a c�3�°r to bs appointed by s couR,wlthout nartias acs�i�Wlitc�t• � ���i'�`' `
<br /> iM1y�' '.• -::'. f�r<<
<br /> ' raa�rdtotheaaequa�yofa�s�securitytort�ei�debtedneasher�!�ocured:(�!it�sruponandtakepo�ses�1�'m.ftft+��e� , �` •
<br /> � � ;s�;`;`i�:. `.�'".'','�`. tyoranyPartt�ereofandirrttsownnamesuebrorotheMriseco�#.'�suchcer,t�3ssueaandproftts.lnaturii►r��d:�p:��ue k ;.`
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<br /> .. .� _:�� � � ' aad unpald�sncf a0P►Y the aame.tess costs ared expenses a1 oFc-'r�tas�and collectton.tncluainp reason��'±a aMwtr�Y,fees, q r• • �
<br /> upon any tndeQtadness aecoreQheroby and In auch order as Benefi;;;�ry may determine;(b)perform such actaaf repatracpra . - '��"�-�
<br /> j tection as may be necessary or praper to conaenre thevatue of the Property:(c)lease tRe same or arty part hereof for such ren- =. '� '
<br /> •• � � � tsl term aod upan aucb conditions as Its Judgment maYdictate.Untess Trustor and Beneficlary agraa ottserwise in wrltiag,any � , .• � . � .: ,;
<br /> � • � apAllo�tton of rents.tsaues or profits to any in da b te d nHis secu r e d h e r e b y s A a f l rt o t e x t e n d o r p o s t p o n e t t s¢t i�s s date of the In� � � . • -
<br /> • ...:�� ��� stailment paymenta as provtded in the Loan Apre0ma�1.and the application theteOt as aforeaaid 8halt rt�t a�aive o►Cure any � . , __
<br /> ��`� '=�- ••�` detauH or natdce of default heroundAS otdnvatidate any act done pursuant to auch rtotice.Trustor atao asstgns to Seneficiary, ,, `_
<br /> . �-.. .,5... , :,: .�:.
<br /> � � 1 �"�_��.•, e�turther se�ccirtty ior the performA�CO of the obtiaatfons secured hereby,all prepatd rents artd ail monies whicb may hare .
<br /> � `�" �" � been or may Reseaftor 6e Qepos(ted with satd Truator by any lesaee of the Property,to secure the payrrtent ot any rent.artd . -
<br />� � � � upan Qefault in the pertoramnCe of an}r of the provistons hereot,Trustor agraes to Aeiiver sucA�enta and depastts to tba {�; .. •
<br /> • "�r��- � Beneficisry.Delivery.at+xrltten notice oi Benelficary's exercise of the rlghta.granted herein to any tenant accupyinp aaf0 ���r � ,
<br /> � •,::_�,
<br /> :: :�`��.:ti.:,. _ pramtsas shall De sufiictent to requtre said tenant to Day sald rent to the Benettaiary untillurther nottce. ���• ;
<br /> , ;,, ,,.:� ,...
<br />':�;,->. `'r���;,;., ,., ,;. 9.CondMMnMtion.it titte to any part otthe Property sAall be taken In conQemnatton prcceedtnga,by rtpM ot emineetttar�sr�in !
<br /> , t:;;.,::;,;:''::'; 4
<br /> �,.•�., . ,,,,,:•;. or almltar actton,or ahall be aota undea threat of condemnatlon,a�l awarda.damaQes and p�oceeda ere hereby as�igr�Tan� ' . .
<br /> � ' • • • ahs11 be pald to Beneficlary who aha��1 app�y such award.�lamages and pracoees to the sums secureA try tha Oeed ot Yruat, •
<br /> _ � � , wtfb the exce�a.If any,paid to tM Trustor. .�� '
<br /> , ;;�,s,;,_;. 10.Futun AdvancN.The Loan A�►eement provides for aEvanets trcm ttme to time to Trusto�by 8ene0ctary as provtded �'. :. .
<br /> ' , � �• .;���;°;v� therein.In's�Editton,upon requeat ot Trustor.Beneticiary,at Bene�ici�ry's opUon,prfor to recomeyance of the Property to the ;'
<br /> � � �'•!j�f�� Truator�mgy make additbnal tuture ad�a;sces to tAe T�ustor.Suc�future advances,witA interest thereon.sha11 be secured by �� � � •
<br /> "�,d:: .
<br /> ' ' ' thia Qeed cf Yruat when evtdenced by pcomissory notes stating that said notes are secured hereby;p►ovlded that at no time
<br /> : aha11 thesecured princiQa�and tuture advance�.nat InCtuding�sumsaQvancedto protectthe security,exCeed onehundred per• �t'
<br /> �`� � , cent(tQb%)of the arigin2J�rinaipal amounfs secured hereby. '
<br /> � ' 11. RM1e�la�Cumusa�tbt!Ail reme�iies provtde0 In thl�Deed af Trust are dlstinCt and Cumutative to any other r1gM or • .
<br />;, . us
<br /> , , . remedy unCcr tM�a Qeed of Trust or ai�itrG��by taw or equity.artd may be exerclsed concurrentty.indepenQentiy or succeeslve-
<br />'� • ly. '
<br /> ; . 12.AccN�ratton;R�nf�ta;SaI�.A 4i�ault ahall exiat in the event of:
<br /> �� tA) Any fraud or mlarepresentation by the Trustoi l�cdnnecttan with the tine of eredlt which this Oeed a!Trust secures:
<br /> � ,;;�, . , i'B) Any failure on the part of the Trustot to meAt the reDayment tetms in respect to the loan Agreement 8nd any other ad-
<br /> �• � vances urCer this Oeed of 7rust hereby secured:and.
<br /> � (C) Any 8c4iaa�by the Trustor profiibited by the tetms ot the loan AgreemenE ar this Deed ot Trust ar any faiture ot Ihe Yrusior
<br /> � - • to act as�a4ulred b}�the�oan AgreemeM or th13 Oeed ot Trust,each of whiCh T�ustot hereby agtees hava an adverse ef•
<br /> __ . teCt an the BenElidary's Secutity for the lina o}credit estabiished and th�rlghts o}ihe Bene}iciary in such security. . '
<br /> • .. . � � � and upon the nappening ot any such even�of defauN.Beneficlary may dectare all sums secured hereby immediatety due and
<br /> � . payabte bf.deiivery tb Trustee uf v+ritten declaratian o�default.TheTrustee shall have the power ot sate of the PropeHy,and if
<br /> Beneficiary dssires the PropeAy to be satd,lt shalt deposlt with Trustee this Oe�d ot trust and all promissory notes and
<br /> -- -- '_•-=_' `-=z�-=-" (i66i3i1i6P��o oC3uaf.G�RC�CY.'�38�::t�lL3°..S°C@ra��.g{gr�y and shall deUver to Trusiee a wrltten notice ot default and elecfiort to
<br /> cause iha Property to bA sotd,artd the Trustee in turn shali prepare a notice in th9 farm requirea by law.which shaSl be duly fit• •
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<br /> eQ iC�reCOtd dY Twstee.
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<br /> � �A) Atter tAe 1apSe of sucA Ume as may be required by law toltowing ihe recordation of Said notice of de}ault.and notite ot � � - -��°`
<br /> datauti ancf notice af sate having beers given as requlred by law,Trustee.without demand an Trustor,shall se1E the Propea
<br /> l ty on the date and a!the time and plaee Castgnated In said nottce of sata.at pubtic auction ta tAe htghest bidder,the pua
<br /> chase pricepayabte tn law�ut money of tt8 Urtited Statea at the tlme ot sate The person cnnducting the sale may.tcr any _
<br /> tausehedeemsexpedient.postpdnetA�&alsiromtimetoNmeuntilitshali6ecomptetedand.ineverysuchcase.notice �
<br /> Mwarsrr,p f
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