|
.� Y.�.'..�." :-E'_ '�` . ' _. '_ ' . . . � ,... .. .',i-+-.__
<br /> - . _ r _. _4 I _ . _ _ . _ :• .i -__
<br /> C .j� . ..��.b __ ' t - - � - - .. "n�-
<br /> . t , :.
<br /> -vt� t ..•: .t '..�:_ �L. .. :� . � ' � , t - s �
<br /> �... .� — � . - - _
<br /> .E�.� . � _� .��--a` . . .. . . , . c ` ' � . . . � . •_ . . .
<br /> _ ' : ` . , _. � _ � 91=�- losoos� _ � ` � � .
<br /> ib�i107ECT Ti�SBCURYIY�F.TH!&TRkiST D�D.TRUSTOR Hff1E8Y COYEt�IANTS AND AGRE.ES AS FOLL0INS: • _
<br /> . 1.�AVIE1iT CF PIrMC�AL AIO 11iTEAQST.Tiustar ahaH DromO�N 9�1 wAen due tAs prineipatat and interast an th�etQeDt��ess svid�ad D5►
<br /> 1�Itol�.�nd all Cll�ee dWr90s and fees as PrwiAed in tfls t�e,a�tM O��D�ot end ta[etesl Cn enY Fut�ae/Wvato�s ssqu�d�Y ttrS Ttust Opd.
<br /> 2� _ �TITtE 7rustar�s IawtuRy se�tecYan�!P�of 9ood aAd iswtefeasiW�69e and est�tte tattis e!oD�H,��J/����
<br /> se� C�ir�wqtrer�ttx a�W T/usfor w�
<br /> hr�N���L����y�i�aperty:me Prap+.+h istne ar+a cieae ot aA�s aed����.
<br /> tAls Ia tAe P+o�er�f 84�+ss aN clysna and danands- " .. :.''::!::;::
<br /> ��.�f, . ..
<br /> . 3.Y����l�lC0YPLIANCEiMRt1i.A1MS-TrustarshaitkeaPthef�tap[rE��goodr�si�a'ncf�r�a�CaQEs'a�ltwtconNnitwas�RO�PKt�it
<br /> "t' �pr�i ot tAe Ar�r,1y end s5�fl.aiaip�y with ihc P�ot any�f�a�:fisTrts,,K Debd is on a ie�SehatQ+NO imprcrement tfow.
<br /> Ot AMN11rc��el��Lbe Arop��f St'w'?��.�.rsmG�vsd Or de+tfol�ist.ed xi�Ctltltee��nor vMitter��nt at Ben6�ieiaryl.j�ustOC stla/oomplY Mrth
<br /> Y iw�,ondmanoss.ieyulations•o����s`������"����y and not oam�flN,suffer ar parmit anN aet Oo 6e 6aiN in a- .
<br /> upo�1t�PraP«tY In viaia6onoi any livr.erdieanc�.�^.cavsnan�wn6tioe or restrietio�►.Traa�or staN eolnpleta ar restor�p�oiaP«1F��9�'� .
<br /> wc�WrMr�mwrrany 1mProren�entanihe R'opertY.wtliet►mayhedam�dar Qes�vysdandpay.when dus.aN WimstataborpaAa�medand.m�hri�ls
<br />- 4xN�1M0 thRelDt attd For anY 2dter8tiotis U�teot - . ' - • .
<br /> ��•Truetor.�t its�p�ns�.wili mait�tiitl wilh instxors aPD��dll���°�raneewith r�sqCt b th�improwrunts and P,M�+�
<br /> --- pap�eb.oor�in+linp�e P�W�H•+D���bY fre.li¢N�+ing.oaeado.�o adier t v�atus tnersot ane�nwrancs sptinst wcN ah����h
<br /> _- in n ailiOwK q�M to at Mut ons Iwndred P�*�itd046)ot lhs tuil repFac�nue -
<br />- - aino�rM�r M euMOrtMr"ihl c�i�d bf►ownus and oparatas of�mdu praputNS a as e�nefrciary may raquk�/a�a P���.Ttustas w+U campty wi1N
<br />-- suohatl�r�dr�MnfsasBM�ticiarl►mayhomtimstotimet�fortf�ep►otsctionOYinsuancedthsinierestsolth�nsputiv�Parti�s.IlNinsotaac�
<br /> -_ ppfi�jK nwiM�d pet�wnElo this Ttuat OM0 s�aN eam�Truslor snd 8e�ficiull as inwrsd.as their respsctivs interesti may appar.an0 ptovfd�tha!
<br /> � hi+.aroc�onormabHc�tionwia�aaat�t�sasrsa��"�,onn(kaoonwlnateeanoe«br�cia�r�ro�•sucninwnr�o.�naaacamc. --
<br />_- - . wYh tlr ptaiNo�t of PWS��b heceof.Trusta efiali:de�iver w BenafictaQY�he o�9'^�Paicies ot insuranee and retbwab thK�ol ct memo eopies W --
<br /> �� - �ud►OolieiM and rM�w�ts IMteol_Failun!o tumish suCh instuanct bf►Trustw.a rw�ewais as re4uited hereuflGer sbaH.at ths eDtioa dP Bet�Mittrl►.
<br /> -�'�-' o�pRw a C�faul� . -
<br />• b.TAX�.A���.Truua a�N PaY s9[axes.assessn�+is and other eharges.inch,ding,wiU�out kmitatian.fines and Nripoeitbns —
<br /> . alMi6u�pMtolhsPYOOenNandbaseholdPaYmentaorgraundrents,ilanyr.betaethesamabeeamedetin4uenl.TrustashallpramPthrturtusAtobeneficiyf► ---
<br /> a�noacesa�ow+�sa�a��aerm�sva�oh,enAirtlhitayentTtustasfiallR�kePa]tmantditecthl.TtustashellpromDtlyfumisfitoBeneficiatl►�eceipts ��
<br /> ayberM,iqg euch p3ymenta.Ttusior sdall pay atl tmces anA assessmertts which may be levied upor►Beneficiary's interest hetein or upon tbis Ttust Oaed ��,f�;.
<br />�. � • v�Aho�t rE�etd tp any 1aw thae may bs enacted►mA�n9 PaY"�eat ot the whole a any part thereot upon the Beneficiaryt. ,
<br /> t��� ' ntsotirrtere5tanaQr�nci�alandpayma�ts �' -
<br /> &A00(TIOI�MI't,IENS ANO OAOTECiWN OF BEN�IqAtiY`5 SECUHfi1►.Tnutor snau makeal{Payma
<br />., . . CI any dAe�c�9�-�8^���tractaQ ta!1B D���Y ex�sting or sis�sequent lienhotdet w den�ciaryr.unAer airy existing m subsequent *-
<br />_�.' , ��p 1�tdee��4efqrs t�e Qais tney are Qetinquent a in detault,and prorr���!and discharge a�and at!aaher fiens,claims or eharges� : �,,;,,: -
<br />.�_. . .
<br /> • tn�y 1 w p a rdizt ttie�r:ty�ganted he�ein.It Trustor:tailGto make any sucl►paym���ails to perform ars}I�t��ants and agreements carrlai�C+• :-,`':.',�
<br /> _�_«:'
<br />.f�.,. in�hy Ttust pee�ia�:".rs Nete reterred to herein.or in an�prior a subsequent tru5i�aed.a it any�ction or� '�n o���a^��^�enthnotice of'sas� �
<br />����,�r- �g�flq�i�riTaresi tn 1he PropeRfl.includingi�4�,�t IimK9d to.eminent d0�"ain proCeedi�.P�� 9s 9
<br /> 6yTrwlss.c�aUCea`QafauRby'fiuscEe.mortgagafa:ecwsureact+a►.aifTrustafa�israp�yTnutor's�9�alryastheYhewmedus.than9eneficiaiY.'"• - ,
<br />;�,r �tg�efl�ysop►iananAw�hautnahcetoademandupalTrustorandwitharlreleas�trustorframarsyobligaaonhereunQer,maym�cesuehappsarances.� �.. - ,,�.
<br />`"r:' p��auCh Sums a.�d take such aetion es is nacessanj�►3s�ote�t Be�efiaa�l's sce?e?�ss.i�ludng.but not limrted to.�rSurSement aireasonaDb attomel�s " -
<br />:�,R.. � , .£,': ->.,�:
<br /> , � {�payment,purChase,contest a compromise ot an��•encum�ranca.charge cE�ea.enuy upon the Ptopertyr to malcg reDairs,or declaration ol det3,i:t , .
<br /> ;;,.' ,p� under lhlsTtust 09ed•�nthe event that 7rustor shell i�1"a aracure trs.:sar.ce ar fo�ay tatces.assess�^�rAS.a ar►}t oUs°i eharges ar to maka any pdymetits 5.. ,•,; •:
<br /> � r....,
<br /> to any existing a subsequent tienhyiters or existing.as.aubsequeat b��ficiane5.Beneficlary may�:+�rre such insurance and malce suCh paymenf.but S 't•"
<br /> ShsllnotbeoWigatedtodoso.A.>ir�auntsdi�lfurasd�y�9eneficiary�u:s>a:sra�hisParagrao�5sfiai:5ecomeadditionalindebtedn�o�Trustasecured ,�;� __ -_
<br /> � 6y tht!Tru81 Oeed`-SJ��unts sha11 be p�yabie uqan,notice hom Beneticia.y is�{rstor re��.QS s�paymeM there0f,and shall bear interest lrom tha
<br /> ° Cate of diebursemQrrat i.*.arate payabte homlima tn+.imaon outstanding principac urSa�she Noie ua�ess payment of interest at such rate woutA hecon�-y
<br /> �r'°i,. � toapplioaD�a�ar.!a-u�"�t�evantsuchamotintashallhearinterastattheh�ghestra:e�e�nrssihleuederappticablelaw•Nothingco�tainedinthisPara�'dL��� ,
<br />`','�.;.� :� •1 BshaN r�quirs 8,e:�ic+a.'Y u in�.<any expense or�ittka any action hereunde:. :.., ; . •;
<br />;;�::�;, .,a;•• , ;� ' _
<br />�,,;.�,,:; , .. _ _ -
<br /> _j�c-•. �,�g�Ml$�tT'2�ppQ1TS.gr,eficiaryshall�tavFitharigbbpowerendauthorityduringthecontinuanCeoithlsTrustOeedtowltecttherents,issaes
<br /> t;�' -'; s. . . � —
<br /> : "-`e;":,F-. �nd prottte of Lhb'Rr3�erty end o`anY Personal property�acated thereon with or without taking possession ot the property aNected heteby,and Trustai�•"• • �:;`:
<br /> '�r:':� hereby ebsotureh'r��+0 uncontlitionally essigns atl'5uctl�rents,issues and prof�ts to Beneficiary.Beneficiary,howeve►.hereby consents to the Ttusia:`5.• ___
<br />;;.:� .;�'� �qllectionane retant�on of such rents,issues and pmht�as they accrue and become payabte so long as Trustor is not,at such time,in Cetauu with res,ec: ' . '-_—
<br /> t!� �
<br /> �`'�: tc gaay�sent of a�1 in4ebteCness secured hereby,ar iH t80 peAormance ot any agreement hereunder.Upon any sucfi delaull,Beneficiary may at any t�s*+A, ._—.
<br /> . �is�c i;y parspn,by age�t,a by a rececvet to be appoi�ryted Cy a couR.wrthont notice and without regarC to the aQequacy of arry securily fa the inQebtedneu? ' � t_.—.
<br /> r� Mnabysei;ured,(8)enter upon and take posseSStan hf dha Property or any paA thereot and in its own name sue for or othenvise Collect svch ients.+SSJ9s �, • "'.,�J;•.._ �.
<br /> andprofits,incRrd,nglhosepasldueandunpai�,anpapptythe9ame,lesscostsandexpensesoxcaGerationanOC011ection.includingre3�a�ab`eattamsy`s s ; • ,�:,,�--
<br /> �e
<br />___,�, 11ss,upon�!rl i�a3Bbtedness securad hareby,and iri�such order a9 BeneUciary r.±aY determir.�.i-'�peAorm such acts ot repav a prnt�ctran as may be. ��' � � �, ���
<br /> neCOtiBry pr�rq;�r to Conserve 1hA vatue ot t110 P�apeAy:(c)�ease the same csr a��AaA th$req'.tor such rental,term,and upon suCh wndrt:o�ss,as i2s,� ��. ,��� • �`'
<br /> ' juCgmentmay 9i��ata,or terminate or adjust ttta furmS anA conddions ot e»�s'^:,�n�� U"�����tor artd 88neficiary thereot agree othervrise m w'itm3. �� �r .,,� 'E'r.;-
<br /> �•,,' ' :�•',4,� Any epptloation o'renta,issues or proTit9 to any�rtdtrotedness secured her�iry s!:���r.a;eyrce-�5 a postpon0 the due date of the Installment payme�t9 as E- : �
<br /> �;.-:+�'� •'�'", ptovlded in 9a�d promissory note or change tMa amount of such�nstattments. The�e:�g�.�g uD�*x��d Idking pOSSess�on o1!he Property.the colleCitOr. • jj�
<br />';;,��� V�;:.�,_: ,, :. of suCh rontg,issues and profita,and the apph�sadan�thereof as atoresaid.sr.a'::+o'wa va o'LU.`E c"4"y defaull or notice of Qefautt hereunder o►invalrA3ta lii,� I
<br /> �;,r!;;.;,_;, eny get GOne A:i^saant tp such nollca.Trustnrall.p assigns t�Beneficiary,as'�'t"e+s��urRy(x tba pertormance of the obtigations secured her?77y.af+ ` .
<br /> t::• r p��p�A rar.t9 a^3�1 moNes which may have been ar.may hereaHer be deyos,_•c:{n��sa;d��usta�tr�any IBS5e0 ot the Property.lo sECUre lhe pd��m8nt �'
<br /> ' f'• `� ofanyrento►damages.orupandelault�nthopeduimanCOOtanyo}lheproasionsna�ebf.Tru>t��ag�eestodetiversucfirentsartddepo9+t3to8o�e.�cjary.
<br /> �'���=• pabvely of wrltlen nolice ol Benet�ci8ry'8 0x(ttntl�ot,the r��Ms yranted nerem.�o any tenane accap�r�1g sata prem+ses shatl be suN�Ctx.t to reqaira gaW '�'
<br /> d7.':: ': . •
<br /> ;`���:;; • lenant to pay rent to tl+e Bonehc+ary unt��IurtNf+�mouce. ; . .
<br /> i'�s;�=�•�, .• . 8.OpNDEMNAttON.II title to dlly p8d u11ttU httlp2rty Sttell b9 fOMOn m COOdBmndtion p�oCB@ding4.by f�gM Ot 0mu1@M dOmdiT'Of Slfmld!AC1i0ft,or j., �
<br /> t.'�• ..' • , shalt bg sotd unde�tnreat of condomnaUan,pf+�aw�rcJS.damayes anQ prausad4 are nereby ass�gned and Shall be paid to BenahC�ary who shall appty (
<br /> =�'�:��� � '' eucA aw�rd�.QBmage�and proceeds to tho surn�secwed by this Truet Oeed.wdh the excess,if nnY.Paid to 1�ustor.It Trusto�reee�ves any notlae or f
<br /> `� •�� Ot�10(Offp8I1011 f2g3tdltlJ SUCh BCI�OnS 6r pfpeeedmg4,T�ustor shall give D�amP�Wntten notiee thoreof to 8enetiaary.Beneflclary shall t7e entitted,ef t�
<br /> „S�,i!s . , , r(,g pp(�p�1'l0 COrtlfitA(ICB,c�p98t ifl 10Q pfU5CCUIH�4�1S OY10 Odtt�t)8T1y SUGh�t110I10l DfOCCedi11g9��d Sh311 bP O�bl�dtl t0 TdkB Blfy CORtplOIOtS@ 01 S@�IIBrt1Q111 f , .
<br /> : � In cannectwn with�AOy SuCh�CltOn c�r ptotetut�ttgs
<br /> . �r',, ,
<br /> g,p�►T�RE ApyANCES.Upon rvquest oh/rustor,k3enehc�ary al8enehc�ary:5 o�t�on.�pnor to rnconveya�ce of tne Property ta Trustnr,may make � •,
<br /> T 1uWr98dvanCB9t0Tfu9tOf.Such tuturo a0vanct�s,wnh mtbresl fheraon,shall besecared by th�s trust Oeed when ev�denced 6y promissory notes stahng � . •. , ,
<br /> :',��,':~ - ' that said notes ar9 secured hetoDy.prowd6�tHat et no t�mo shall the secure0 prir.cipal and futme advanCes.not�ncludmg sums advanCed to p�oteet l
<br /> __ � _ �'__ lR9 Seeurity,�Ceed two hund�ed percenllxd���b)otdhe oug�nol piincipal ar:iounts secured here6y. `
<br /> '.(�,p�L�i1ESHpTEXCLUSIYE.Trusteeantl6enefic�a�y.anQexx:ho�tt�r.�;Sha11Ce8ntN00toenforcepayrnvntandp�.slcs:^�,:sata!+y��dabtedness �- ____ __ .._ _ - _ _
<br /> y��bU�a*aos secured hereby and to exerc�5e atf nyhfs and powe�j�'Yi•+�"��.FJS4 Deed or unQer anY other agreement exeCU:,e:::��eCnneetion hetewdh P , ,
<br />`�;�� . ' � _pr,a^y,laws�rt�a.hereariA��n(orce.notrrdhstand�ng same or�t,;3':�3�s�.�'�"�w°Ctedness_^q vbliq�tions Secured hereby n'��nOx or h8redtter be
<br /> -�•; � � �Sft�t�]a9�'secu,+�,:wheth@rbymortgage.trustdeed.pledqA.lien.tusiqrsrr.�?;�'�.7"�erwise ti:,.,':���eaccepSarlCeOHh�StrustDaednorit92'�n���.es 1
<br /> _.
<br /> �� `� ` �;�:_ .. � ,i��;idt���.r,:a�tlon orAu=s,rant to Ih�power of saldar�ther powers her�r^:�:�13r6ed s'^a,:r��;1C�ceor In any manner aHeet Trustee s or ; ,
<br /> __ ..._.::.... . . gt�Qt_ _ � . _ . �
<br /> .- -s- . '. � .. ;�t`r��i:to�E�r�tgu�anaren'ar�a"yot�ersen:m+ty�ao�eattaetrctabyTcusteeo�8en�`�'�r.:�.bem eEdth8t7rusteeand8enetitiaty�.:ti+3 d� . -- ---� -_.__�_..,
<br />- . . . �e' - . . . �. . .. . �� ( . .
<br /> !
<br /> . ' , � �
<br /> � . � �- . . �. .
<br /> .: IF'. . . � . .
<br />� � ' — - - � . �:__ _ �- _
<br /> , . .
<br /> .. _ . . - - —
<br /> . ' .. -Y� .i: .. . __ . _... ._.__ . . _-_.
<br />
|