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<br /> — IIM Ih�op«ty N a t�1ae�a eNn�p�d.��ne1M N�M�h�w tM qMbn,In la�oi��nd ab�oluN dbor�tlon,b r��p�M�
<br /> -�_ �iw�d�uoiir'�i Sfiin.'�"�w'��c�b r.rt��z�txs htourra!U7 111n��wiM�woh Pnx�d�,um[x►an1► Ma�nd -
<br /> h�ney and tn won«dK as�«+d.r nwh►d�N►ndn�.a a�aPM aN wch ProoMa�.slMr woh d�duoMor�.a a�.nMonNow a th�
<br /> �ydM�of�nY P�y�r����NO�����tllM�undM Or MnubedM.�'�MOPK��+�fld�NwM b�qld b
<br /> TM����Mpp�LMd�t.UP�+tlt�oCCU►rano�Of an Ewnt M GhultlNrwnd�r.or it u►Y uCt a t�kM1 or IpW Pr��'KI
<br /> oo�nerwnad whlch nw�t�lly�M�cts L�ndK'�tnMrMt fn dw Prop�rly.l.�r�y In iM awn di�anYon�but wflAow obMp��b do
<br /> -- --- --- -_ _ _ __., p��wlMwut nolic�b a d�m�nd upon Tru�or�nd wiflfouwul rstwslnp Trustor irom any obliQttion,do�ny�ot whkh'11ruMor tw _.
<br /> p�wd but I�iM b do and may�iw do�ny otl�r act it dMms n�c�ary to PrW�ot th�wau►Iiy Mnol.Tru�tor N�all,imm�dl�WY
<br /> upon dwnend 1h�rMor b�r L�Nr.P�Y�o Lrndw�II casb and�xp�nNS incurnd and wm��xp�ndb bY I.��In conMatl�on wNh
<br /> a�dd�.d�a N�ina�n�ia.ricw�id�ti�nby��u �^a I��u►�+i^�Usblllly b�ioaui:oa an�i m.y�do'a on�b d�o
<br /> I�nundn,
<br /> �� — �.MuMdow Wi�1�M.Ttu�a thalt kNp th�ProMrty In compll�na with�II�ppllcabN laws,adin�ricM�nd rpulatlorn
<br /> ��°-"`�� ►N�dnp b Indwlrlal hypi�►ar aivironm�ntsl proteatlon(colleatiwly r�Nrred to h�►Nn u"EnvirannMnW Law�'�.TYu�lor lhall
<br /> kMp q�prop�ty RM irom aQ wb�nC�s dwn�d to W h�z�rdow or toxia unde any Environm�ntai Lawa(coll�cfiwly rN�rnd 10
<br /> h�ntn as"Haiudow MatKi�ls"�Trwlor h�nbY w�rranb and npr�s�nb to LMd�r U�at th�n an no HwMous MaMriNs on a
<br /> und�ttN Pro�b.Trwb►MnbY ay►MS to ind�mnly�nd hold harmNn L�nd�r.ib dir�aton.ofMwa,wnpbY�es and a�enM�and
<br /> any wca�on tc Unclws in�aR N����painft any�nd a�t cialm�,d�msya,lo�s�s and II�biQdes aHNnq In connootlon witl�
<br /> th�pr�nc�,uis,dlspoial a t��nspoR of anY Hazardous M�tsrials on,und�r,Bom or�bout Me P�op�rty.THE FOREOOINa
<br />--.��� ---- — y11�qp/WTIE$ANQ REPRESENTATIONS,AND TRUSTOR'S OBUt3AT10Pi3 PURSUANT TO THE FORE(iO1N(i INDEMNIT1f,SHALL
<br /> guqy�yE pEGqNVEYANCE OF TH1S OEED OF TIaU87
<br /> 10. AM1�d of 1!«sb.TnieMr hereby��ns to t�nd�r th�ants.iuua and profib ot tM PropKry:provW�d that Tnutor
<br /> � sh�ll,untli th�occurcsnc�of�n Ewnt of DM�uft h�nund�r.have the ripht to coll�ct and nfain tuch nnb,itiw�and prdib�ih�y
<br />.= b�can�dw and payabN•Upon th�ocaurnnc�of an Ev�nt o!DNault,Und�r may,NthK in psraon or by a0�nt,wtth c►wUhout
<br />° �,. brinptnp any acUon a'p►ocMdinq,or by a ncNv�►appotntsd by�court and without rp�rd to ths�d�qwcY oi ib s�ourity.�n1K
<br /> ��������p}y�p r p p e r t y,a a n y p u t t h�r w f,i n I t s o w n n a m e o r i n t h s nam�of the Trus1N.�nd do�ny�cb wh�h it
<br /> d»m�n�ass�ry or d�t►abM t°aw�r°th�v�tu��markKabi�ity or nr►tabillry ot th�P�oMrty.a�any W�t thKeM or�nt tMrNn,
<br /> r 5 Incnue th�Incom�th�refrom a proE�ct ths tecuriry honot and,wNh or wlthout hki an ot th�Pr we for w
<br /> olh�wiw colNct th���nb.i�and Proflb thsreof.fnctudinp thoss put dw and unpald.and apply th��am��tess co�b and
<br /> �xp�nMS M op�ratton and co1l�cNon Includin��ttorneys'f�a,upon any irKNbtsdn�a s�cursd h�nby,ati in wch ord�ru LKKi�r
<br /> rtu�y d�pKm�n�,TM enberin�upon and takinp poss�s�ion of the Prop�rty,the coliectlon of suah��nb,I�w�a�nd ptoff4 and tM
<br />- �ppl�atlon t�rp��s�tpr�id.�h�ll not curt or waiv�any dstault or nodce ot dNauft he►eundN or inwlid�t�any act dan�in
<br /> ,iti=` , >.�;• rNpona�to such defauft a purswnt to wch noUcs of dehuit and.notwiths�ndinp th�conUnwnc�In pos�ton of th�Proputy or
<br /> the coli�ctlon,recNpt and applic�don of renb,Itsu�s or proflb,and Tru�tse and Lender shall be sntid�d to�xwcfts wsry ripht
<br /> _ � proyid�d 1or�n any pf th�Loan inshum�nts or by law upon xcur►ence of any Event at DefautR��ciudinp without Iim(fation 1M r1yM
<br /> ��'-`:"�`��:`• °r to sxxci�e th�pow�r of ale.Furthsr.Lend�r's rlyhts and rom�dios unddr ii�i�pareqr�ph ahall Ds anrrrolaltve+�!!h,and!n nQ wey a
<br /> •;r�'.:� . : '� � flmfMdon on.Lend�►'s riphb md nmediN undsr any as�IpnmK►t of�eat�s and r�nb r�cord�d apainst th�Propsrry.L�ndK.TNitN
<br /> s• ,•,r:�; � and the receiv�r shNl b�Iiab�s to account oniy tor thoas rents actually rec Nv s d.
<br /> '��`•;''�;;;'�,-�� ,'• '�' 11. EwM�of WfwN.The idbwin�eh�ll constitute an Event of Default undsr this Deed of Trutt
<br /> • �,t_•. �. •;�•:.�•. (�) Failurs to p�y any imtaliment ot principal or intereat of any other sum eecured hereby when due;
<br /> � '" (b) A br�ach of or ds(ault under any provision conLtrnd In th�Note,this De�d of Trusx any of tha Loan Inatrum�nts.a any
<br /> . •..� ..`. ;�: . . aN�er it�n or eneumbrance upon the PropeAf►:
<br /> �,. ; ,. .,r,. � (a) A writ of execution or attachment or any simltar procees shall be entered epalnst Trustor which sh�tt b�com�a Il�n on
<br /> .�,• 1�prpp�rly or any portlon tlwnof or Intere�t the►Nn;
<br /> • (d) There ehall be fllsd by or apeinst Trustor or Borrower an acdon under any pressnt w futun iederat,st�te or otMr
<br /> - . uatuU,law or reputetion releNnp to bankruptcy,Insoivency or other reilef tor debtora;or thore shall bs�ppointed any truttes,
<br /> �� `�� , � receivar or Iiquidator of Trustor or Borrower or of all or eny part of the Property,or the rontf,issues or proflts th�t�of,or Trustw
<br />-,r:'� .f•,�. .;;,,�,:. ..
<br /> �., �- � or Horrowar slull make eny yenorat aesiynment tor the beneflt of crodltore;
<br /> • (�) The sai�.transfa,leose,assiflnment,conveyance or further encumbrance of all or any part of or any intenst in ffN
<br /> � � ' `�`;�;, Pro�rty,tither voluntarlly or InvotunfaNly,withaut the expresa written consent of Lender; providod that Trustor slull M
<br /> � � � ' permitted to execut��tase of tht Property that doat not conU�in�n opdon to purchaae and the term of whlah doea not excesd
<br /> ..s�i:::'.:... : :>. . on�ye�r,
<br /> '•"' ' (� Abandonment of th@ Propery;or
<br /> .,� : ,'..`: , (p) it Trustor is not an individual,the i�uance,sele,transfer,asslynment conveyance o�encumbanco of mot4 th�n�totd _
<br /> �av.5.:.•..��'
<br /> � ��-.�:: of percent ot(If a corporation)Ita fssued and outstandinfl atock or(Ii a partnership)a totel of perant of
<br />� ��'"y '•�:•:, � p�rinKShip inbreate during the p�riod this Deed ot Trust remaina e Iten on the PropeHy.
<br /> �-� :•..:=�. ' , DN�uI�In the event of any Event ot Detault Lender may,wfthout noUce except as requlred by
<br />-_�. , . �. 12. R�n+�dMa:AacNKatlon Upon
<br /> ' I�w,dscl�r�ail indebtednees socured henby to be due and payable and the same shall therwpon bocoms dw and p�yabl�
<br /> +�-d • without my presentment,demand,protest or notfce of any kind.Thereafter lender may:
<br /> �''�� ' � ° � � (�) Demand that 7rusteo exercl�the POWER OF SALE yrantad hereln,and Truatee ahall thereattar cause Truftore
<br /> J���"• ' '��µy�, interat in the Prape►ty to be sotd and the proceads to be distributed,a�i in tho manner providod in the Nolx�ika Trust Dwd�
<br /> .t�; ' � Act
<br /> ��,�, •:�L�����A (b) Exerciae any and ali riphts providod for in eny of the Loan Inatruments or by law upon occurronc�of�ny Evmt of
<br /> ar-•. r _ . - D�f�ul�and
<br /> ' �• •• • - (c) Commence an acrion to torQClose thls Oeed of Tru4t et a mortpaye,appoint a recelver,or specitfcelly entorc�anyot th�
<br />_• � �;�� � �'�!1.�,�"."'.. coven�nb hereot.
<br /> R. - � ��'� No nmody hereln conferred upon or reserved to Trustee or Lender Ia tntended to be exctusive of any other r�m�dy herein,in the
<br /> •�'`'�:`�`' • ' Lo�n In�trum�nb w by�aw provlded or permittad.but each shali be cumulative,ahaU 6e in addition to evary other remedy piven
<br /> �`��;�` -` h�nund�r,in th�Loan Instrumento or now or h�roaRer axistinp at law or In equity or by�tatute,and may be�x�rciNd conaurr�nUy, •
<br /> �..;..;.._.
<br /> -:. �;�r: Uid�pMd�ftly or wccsulwly-
<br /> _ � �g, TnNM�.The T�ustee m�y resiyn a!eny time without cauae,and Lender may at eny tima and without causs appolnt a
<br /> __�:� wcc�stor or wbsUtute Tru�tae.Trusts�sh�il not be tlable to any party,Inciudtnp without Ilmit�Uon Lende�,Borrower,Truttor or eny
<br /> purchl�frr ot ths PropKry,tor any tosf or d�maps untess due to rackieas or willtui mlaconduct,and shali not be required to taks any
<br /> � action in conneedon with th��niorcem�nt of thfs Desd ot Truat un►esa indemnitled,in writinp,for ail coste,compensadon or
<br /> �xpmaM whiah m�y bs aswciat�d thenwith.In addiUon,Truetoe may become a purchass��at any sels ot ths Proporty QudlciAl or
<br /> •--'-
<br /> _����.a•.�...M...+.+n.utw nt a�l er anv norfbn ot th�Prot�rtfr.u'�MOVidid by I�w;0�fNl tIN
<br /> � unwr in.p6w:�v�..�r y..�..�...............�--r-••- - ---- - - •
<br /> -- p�+op�rly u a whoie�or�n�paat�p�rcN�or lots at Trusts�'s discrstlon.
<br /> 14.Fw�and Exp��•���t��^t Trustea sslis the Prop�rty by�xercia oi power oi wt�,Truuea sh�ll be antitled to apply
<br /> �ny wN proc��ds Nnt to p�ym�nt of dl cosb�nd�xpenses of exerClNnp power of wt�,Includinp all T�uft�e's fNS,and L�nder'�
<br /> �nd TwMM's attom�y'�Na,actually incumd to�xt�nt p�rmiltsd by�ppllcabN Iaw.In th�w�nt Borrow�r or Tru�toi sxerciws any
<br /> �ipfM prayid�d by I�w b cun ao Evsnt of ONauIR L�nd�r sh��i b�entlded to ncowr from Trusta all cosb�nd�xp�nws actwily
<br /> incurnd�s a rNUlt d Trwlo�'t dNsuit kic�udtnp without Umitation all Trup�'s and Nb►n�y9 NM.10 th��zMnt PMmMI�d b�►
<br /> �ppNc�bN t�w.
<br /> 16.FWw�Ad�cM.UP��4�of 9o►►ow�r.L�nd�r may.�t ib optbn�rrwk��ddltfonal and iutun advanc�s and n-
<br /> �tlwnoM b BoROw�t.8ucA adwnCN and n�dvancM.with in�nat 1hK�on.sh�ll b�wawr�d by tMN DMd d Trutt At no tlr►w Nwll
<br /> �p�Ip�1�nwunt a y�i�d�bMd��Mcynd 1�y fhu OMd of 1'ruu.not inctudlnp wms�dvanad to prot�at tht acurity of thi�
<br /> DMd d Tru�t�x�oNd ri�a�iphwl Prk�CIpM�no�nt�taMd h�nin.or S •,'�.W d'�.�'� ,whtah�r Is�1K.� � �
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