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<br /> -!:�:�— IM PrOp�Ay ts w tikM or Qan�d.L�ndN�tiati hav�th�optiort.fin ifs sote an�abaotufa dfsc�retlan.to apDh►ati aucti Proceed� ; —
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<br /> � � athrd�ducdn�thennom att cosriand�xp�ntes i�currea by it in`co�nection witA sucA pracseda.upon a�ry indebtedness secured g_.
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<br /> -��: -3, hare0y and it�sucb ordK ts L�nA�r may d�tum)ns.or to appty at!�suM Rracaed�,attar aueh deduclion�,to the�esiorffiicn ot ihs �'�_�
<br /> t �;� prppertyuppt�urchweRditlons�Lar+Qerm�ydeteimina.Myapplicationo4PraasedsioindetiteQrtessshaitnotextendorpos�one �,�-�y.=�_
<br /> �:€�, ths due dat�ot�ny paYmantt un�er ths No20.or curs any detauttthereur�ar or hereunder.Any unapplied tunds shall6e paid to �=��-�-=
<br /> :,—_ _
<br /> .. �. Trustor =^���w� --
<br /> "� ��'•� 8,hrt�anCe bY L�nd��.Upon ihe occurrancs oi an Eve�t o!iTetau►tiserevnCer.or i!any act is taken or Iega1 proceeding _, � ��
<br /> <-� commMCedwhichmat�rlslry��ectaLenda��interesti�theProperhf.��ndermayinitsayvndisccetian,Lutwtthaulobligationtodo �-,�..�:_j�. __
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<br /> :�-`� ao.tnd wtthout aotics to or Oam�nd upan Tn,��tar and without releaatng Trustor irom any obtigation.do any act which Trustor has �, ._.;��r�,�
<br /> ,,:;<.:._ ��::
<br /> ���,: - a�reed 6uttaits to do anQ ms�etso dp any ott�er act ft aeema necessary.to Protect Na security hereot Trustor shail.immediatery �a _;���;Y
<br /> � ,; upon demand Meretar by Lendar,pay to Lender e!)ca�b and ezpenses incurred.�nQsums expended bylender in connecdon with r, : ������
<br /> .. - theeadreisebyLenderotth�toreQain�riphn.topetherwithinte�eslthereonaE�a�tirateprovidedintheNote.wAtchshalibe :;��;�*` j�
<br /> -�-�-`�'`t` �sdded to the indebtednass secured hereby.tender aAail not incur any 1'�abiSfipy�aa�:aQe at.anlM►ng it may do or omit ta do •� ���.��
<br /> : •� �r___.
<br /> =..����` _ ^ h�etmder.� ., .. , .. _ .
<br /> ,, ,'�� _ g Na�t�OW MaMrial�.Trustor shell k�ep ths Property irr comptiance with a1t a���? �la iapis:��1��,�'s and reauta6ons ._ � � ��
<br /> ,, ,.: ...=�:-- � .—
<br /> _ _ � � retaUng to industrial hy�iene or envtronmental Orotacti4n(coitactively refe�re�to-hees��.a�"��vi;�?L'ra�'.=aws"}.Tru��s��� �.• `-` � ' -°
<br /> `' �-`�� �`':�•�t: � keepthePropertyfreetromallaubsttnCCSdeemadtobshszardousortoxicunderanyErniroamentaElasvs;�al�activelyrefertedto . �: :.• :%.,^`�.�,'.tir_..', .,� ..
<br /> � ' '`� berein aa"Hasardous Materfals 7.Trustnr hereby warrants end represents to Lender that�here are no Hazaidoua Materiats��ac _ -. r' �; .l�+�°,;'� `'
<br />. , r.`. �,x :a�,� ` .:, � � . � ;:
<br /> •. ,�-. �, uoderthe PropBrty Trultor heraby aqree�tp indemniry and hot0 harmteas lender,its directors,oNicers.e+nPtoYeesand agentis,;anQ ' ,{. ,,. ,�:,_;���.,-`�
<br /> • arry successors to Lender`�interest iram and asainst any anQ all claims,damages,tasses artd tiabilities arising in connecUon wiih. �. . :. .�.. , �
<br /> - the presence,use,dispo�al or hanspur!of any,MazarQous Materiat9 on,under,irom or about the Properry.THE FOREGOINf�' � �. fr; � St;��
<br /> - _����:�-`� WApqANT1ESANOREPRESENTATIONS.ANOTRUSIOR'SOBWQATfONSPURSUANTTQTHEFa�r£GOlPtt31NDEMNITY.SHALL ��•
<br /> ° ' I ''°' SURVNE RECONVEYMICE OF THIS OE�O QF TqUSL ' �� � �'�"'"`
<br /> ,� ' ' 10. Atsiannt�nt W R�nb.Tru�tot hereby assipns to LenQ6r the rent9,tssues and profsts a�tha P a�e.�Y:provided that Trustor �,r�,___
<br /> � °.•4.`-. ` shail,unUltheoccurrertceofanEventofD�tauitherourtder.havetheriehttocattectan0+etair�suchraat�:issvesand.profitsasthey +,:,.� ` '
<br /> - beGOme due anQ pay^,..bte.Upon Me occurrence ot an Event o1 detautx Lender may,either•3n.pe:s��i a:#�ya�en�witb or withouuit- ._ ., �'_'
<br /> �. � '' - - b�inying any actton or proCeeding,or by a receiver appofnted by a eourt and without rega�d�tre�1za a�equ�.y of its securiry,enter :�;_� ,_~ • ' ,�•. ••:;.` v
<br />, ` � V � ��,:�.• �•, upon and take possessfon otthe PropeRy,or any paA thereal.in its own�ame ot in the nam2�BiC��T°vs'�e,��►c�do any acts which it = _�
<br /> .� Y. y deems rtecessary or desirabte to preserve the vatue,rtsarkcitab�bty or rentabiiity o}the Prope:t�,�:3ny gatthenot or interesttherein. ;��
<br /> �� � � incrBBSp the income therefrom or p�oteCt the securiry horeof and,w�t�or without taking•�u.�assrart of tha Property,sue tor or �, ' ••. � �;
<br /> - -. ..._,:_�.-.._:.,�..,. . _., �
<br /> otherwise coitect the rents,issues and profits thereof,inctuding t�ose past Que and urtpaf�5,and:aypiy the same,tess casts and
<br /> � .' , expenses ot operation and coliection inctuding attomeys tees,upon any indebtedness secur08 he:eby.a0 in sach order as Lender � �� `;�� �,. ;`,4. ,.-
<br /> ' - " may determine.The enteri�g upon and taking passessian ot the Property.the collection of sn��•rents.issues and profits and the . ,, _
<br /> '�, appliCafiOn thereot as�fofesaiid,shatl not Curp o�waive any�detault or notice ot default herei.ir�a'or invalidate any act dorte in ���;r�:�.,,,;, :• �
<br /> • . responseto such defau�i Or pursuantto such n9tiGS oi detautt an0,notwqhstanding the cantlnuan�e iu�possession of the Property or r.s , � . ; �`;
<br /> �'' •
<br /> the Coltectlon,reCeipt a�d apDiication o!rent3.lssues or profits,and Trustea and Lender shaU be entitied to exercise every right ,,s:,,f�.:�r!.;,,��,�;�..�;. '`'. :. '�
<br /> " ' *�� proviAed for In any o!the Loan Instruments oc by law upon occurrenca o1 any Event of DetautL Including wtthout limitation the�ight 7 {� � •
<br /> r�r l,•z`x" • " , ,' to exercise the power otsate.Further,Lender'9 rights and remed�es under tm9 paragraph shall be cumutativa with,and in no way a `T� �,+F 'd � �'�`,'
<br /> .>:i 't;�,. - �imitationon.lender'srtghtsandremediesunderanyassipnmentoueasesandrentsrecordedagainsttheProperty.Lender,Tn,staa :�i,}:.:�„";:+:<.' .'� _
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<br /> �: - ; , and the receiver shat!be liabte to account onry for thpse►ents acNaity received. . ;;;�.;s;;�,,;,!;,;;,. ;�
<br /> 1 t. Ev�nis W ONsuH.The following shall constitute an Evont of�efauU undar this Oeed al Trust ';,:��..:ri,;;.,s,•.,:5,t.,. �:
<br /> (a)Fatture to pay any instatlment ot rine� af o�mter9st a}an olher sum seCUreO hereb when due; `'��,s;�:;n,a:,;.;:,fs�j;.;:!!,:: ,:
<br /> , .. . 0 D Y 5► st 'r`,
<br /> , � „ (b)A breach o1 or aefault under any provis�on conla�ned m tn�Nato,th�s Qeed ot Trust,any o�tne��a�r Instrumen t s,ar any ", ��;l ,,.'i��_
<br /> . other lien or enCUmbrance upon the Property: .,;-:, t�,.��f,.
<br /> :;�.;.i;..:..�;.
<br /> � (c) A writ of axecuUon Or attachment or any eimoar process shau ba entored apains!Trustor whf�shali become a hen on . +'�;',� :t
<br /> i . '`>-�i.i t �-��-
<br /> the Property or any ponion thereoi ar Interost thorein: � :"'` � '��
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<br /> � � • (d) There shall be 6ted by or against Trustor or Sorrowor an act�on unQer any present or tutu�e tederal.state or othex '�°j.;;;:,:,.
<br /> 6 ''�':
<br /> statute,law Or reguiation relating to bankruptcy.�nso►vancy ar othar ral�et tor dobtors:or Mere shalf be app0inte0 any trust8e. ;:�;,;j;"�,'.
<br /> , recelver or liquidator ot TrustOr or Borrower or ot atl or any part ol Ihn Piaperty.or the rents,issues or profits thereof,or Trustor
<br /> ' � or Bor�awer 9hat1 make any general assignment tor the oonoht ot crad�tors. � •, • :
<br /> r ;�` �� .'� (e) The sale,transfer,lease,assipnment,conveyancv or fwtn�ir encumbrance of alt or any.paA.of o�any interest in the .�.,`
<br /> � ,'`'� �"t' • � Prvpeity,e1Mer v0tuniarily or lnvoluntariry.w'thout ihe eHpreSS wntton conspM ol Lendet;prov,�ed that Trusior shall be .
<br /> ,.,. ,�,��� .
<br /> ..:_.� .-`,�r.,. .:�:,' i : , permitted to execute a tease ot the Properry ihat does not con�a�n r�n option to purchase and the term a'r which does not exceed ,,, .
<br /> � , ;�,,�t� � � , one year,
<br /> ,. %ir� `}t y., ; �
<br /> t�Y��t ,,�f (�Abandonment of the Property:or , � ;� � . `'
<br /> , . _, ,.�,., : ,_. , (g) If Trustor is notan individual,the issuanco,sato.transfe�.ass�ynm�nt,conveyance ar encumbrance ogrtt�[ethana tolat � ,�, .
<br /> I 5/`; ' . .. �- -r ..±.� ,��*���!,y�
<br /> :,; ��� ' . ' oi percent o}(ita corporat�ony�ts issued and outstanQ�n�slock or pf A parinetsh�p)a to181 of peroerltOf ' 'r;� �<<•':���%�l.•
<br /> �:�:,>,:;,;�, •, :��.�..:
<br /> • - � paRner9hip inte�est3 during Ihe p8riod Ihis Daed oi T�usl rc�mams ti I��n on tho Prope�ty. _ � �::• •
<br /> 12. RN1tldi�s;AceN�MtiOnUponO�tault.InthaeventotanyEvoneufDolriuitl�ndarmay,w�thout�OtiC80xtep�asrequiredby '''��;;?�':'°'� �` ; .
<br /> � ' law,deClare all indebtedness Secure0 here0y to he due and Oay�GIQ and Ih�snmo shail thoreupon beCOmo due 8nd�paya5le •� ,:��;,.
<br /> � whhout any presentment demand,prOte91 or noUCO of any kmd Thof(faft0i l.�ndor may • �"'�`�
<br /> _•;:�.,,?�.
<br /> ' ' (a) Demand that Trustea exercise the POWEH Of SALE ��antea nor�,�n ;u��� Tr�,sfno shan thereaftor�oause T�trstor's �._,j,�,
<br /> '� � . interest in the Property to be s01d and Ihe procaeds tv 6e d�str�buWCf.a�i�n�ro marnEr prov�dad m tho NebfasNB TruSS IIeedS
<br /> • �� "`. Act ;" ,' , ..
<br /> ���r,� . (b) Exo�cise any and ait nghts provided for m any ot uia Laar�ins�r�,n�er�t�a�by i;,v� upon occurrence o4 any @vent of � ,
<br /> . `''` �� • Oefautt and ' �f�� � ,
<br /> f� �,�,�;- ,.
<br /> �' (c) Commenceanact�orttoloroctosefh�sD�edotTrust�i�i.lutart�j(�yfr i�UNOU�tJ�t�c.o��cr�.argpa��ficaltyenf6rceanyotthe , , �
<br /> ; : '•,..,7 , • covenants hereot. ; • �. ' . •
<br /> NO remedy he�ein oonlenod upon or reserved to T�ustev or L�+nqnr�r����tf�ndF!d h�I,���•,i,�,;�v�+o�r�ny ather remedy.'h0'8in,in the �
<br /> ��'� • Loan Instruments or by lav+prav�dad ar po��n�ued.bul each J�1(���LU GUIII�IL{}�J�1 �,h;�ll bo�n arfctdwn to Overy othev.remrn�y gcro� j .
<br />� � ; , ' � �` hereund8r,inthA Loan Instruments or now ar hd�eattor p�ishn��at�aw or m�q�u1y or by��ntuta and may be exerCisedCOn�urreatt� ! . ,
<br /> .�.;�,..:'.'• ir.Qependen2ty or successlvety• � ' . .
<br /> • 13. TtuslN.The Trustee may resign at any t�rne�,�thouE c.�u;�. �tind Lc,nc�er m,►y at ttuy t�rnc��nd w�th0ut CBUS�apD�f's3:a � ,
<br /> ' '�'. � suCCessot orsubstitute Trustee.Trustee shall not be tiable Ia any p�uty.�nC4�tl�ng r�dhnut hrndaNan Lv�dU�,Borrower,TtustG+�ar any' .
<br /> � purCheserolthePropetty,toranylo9sordamageuntasscluuto�ocMf��ssa�vnmu�nusco��c�uct;in�sh,d►nolhorequlredtOtak92�ny }
<br /> � actlon in Connettion with th0 entorCemem ot thts Ooed of Trust unloss�nclemrul�ad,�n �ur�Ung.tor au costs.compensbri��n or �
<br /> ' . e�cpense9 whiCh may be associated therowdh.In�dd�t�on.trustae may becomv a Gurcn;,se�r a!any sald ot Ihe Property:Uueiic�a�a! �.
<br /> under the power ot sale granted herQin);postpone t►��;�lo uf r�U u� uny portion ai 1hu P�uG����V,fl�P�avided by taw:pv�se�aitha� �. '
<br /> � Property as a whote,ar in separate parcols or tots at Trustee s d�sc�eri�n �
<br />- ' � _ � TQ�. Faea and E;parsa�J.in!he 9'JL'!1t T/U9�QA SNI{G Ihf)P/A{1Atry(ly FlAOff.l!'iH tIf nAW�f U}��+iF3.Tiu9tee shau be entitled t0 8pp+�
<br /> ,. , ' � any ea�e proCeeds first to payment oi a11 eo5ts anA aHpansos o}oxcve�smg puwer r�1 y;�le, �e�ciuclm��an Trustuc�'g toos,and LendEr'9
<br /> • andTrustee'sattomey'51889.aCtualtyin�urr8dtoti�teMp�irndtedbyapplicabitf4�ru u�tn�rrwantElo�rav�erort�u9torexerCiSe98nyr
<br /> , . Ngbt provided by law to cure en Event ol 0efautt,Lettdat Shtill b0 t�nhtlpd Io►uGUVUr IrUm rrus,���r;p�r:us�s and oxpenses actuai;f�.
<br /> ' � � -.�:::;-,-r_ Incurred as a resul:��Ti�Stai�QC13:1l:.irct�dtfi j t::!!!'�;S!ltt:":tRl:fTfl:i!!!'N�'.Cw°:tnd idUi�n,.y'4 fn�rv. fn ihh(�Yfynt{1P►18iKed by -__ _ .
<br /> ° —' -,;:.i ,.
<br /> : ... ,. appllcabte law.
<br /> �_• _._•�:,_•_,�:�.. ::...:::::::};;._,:_ t5. FWuro AAvancfa.Upon fequest ot Borrower,Lendar moy,at�ts optmn.i���ku atl:l�t��m,d��nd tuture ttdvanae9 and re-
<br /> � ` . � ; advanaestoBoaower.Suchadvartcesandreadvances.w�thintorastth�rrQOn.shanbas<ic��r�?Rr,rt�rsvaadntirust ktnotimesiiaiF -- • � .
<br /> � thaprincipalamo�ntottheindebtednas958curedbyth�sQaQdottrust.r�pim���f���.st=;������:ndr�ncedfnp��fpGith�6oCU�dYolthiS
<br /> �• , beed o}Trust exceed the original princlpal amount stated horo�n,or S 0, fa tdio .�y����hOVU�IS J�Ai�tpr
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