|
—�.�-1�o�.i�` t" . �.- ' � - - . . . ' :":":._'-_-
<br /> — �. eY. _�F. . _..'"_
<br /> c ;
<br /> ::�^
<br /> ''y - :.: JJ��". .� . � ... "_ '_� '_ _-" .. .- � ._- ._-�..._.....".-.__-_ .
<br /> � l. . _—_ __—_ . -
<br /> . M1- ;
<br /> ."". �
<br /> ':.-.:� :' . : . [ � :�: �...._.. ..� - . .. ____... .
<br /> �.f.r _.._ . � t ' .�. _ ' ' _ _:. f_... ': 4 - ' . ` ... ' ' e �. . ` �� '-� ,��_� .
<br /> .. . iR:-�a��i�fsd7Gwlo►wIMA�ot�►L+��M�ha�t/+rpbrw�N�noor�exaf��Aciry.Ti�1a►�M/��►eMYa►ird�ll'.
<br /> . `���Id�►I�rs�/��1n11�1iu1tifoprlr,a+�l'A��'+MU�of.��►sue��irlftnow�rAa�rA�►b�l�luiort :
<br /> � #�li�oq�ta►I��R�^1►p�p�w�d�oar�faadNmorP�MO�MntA�wi�►h�wsa�on�mo+w� . `
<br /> , (�`C�r�oMaMe�M�rN�a�a�r,+o�pt�►cr�ci��Ma�IMe�i�arorainN�dMMwro/.aP�n'►Ntarry�r�rntbacai►wAfdiMa�d
<br /> 000mwww�diratm�iirraana+rws�ah�►rwr.l�n�wronAarna,p�nNrrar�rk, . �
<br /> ` � �j/��11M s�in�so as b�Ns Mrm��ot,1h��rMM�rOitr�u�di►,ab v�rg��n�'n+wlPev�or�e
<br /> < kq tNM��!q►d�Rrww�ntNrabnri�cd�hma►:,:� , � . ' . .
<br /> � (�.pA�a�ootr��M,*rocap�orrlMreMnd*tarlMoe�r�raihr�tlton�r►cQn�cltotiM�r�RO►w�i�l�ea»rirwtdlM;�N�td►
<br /> •war�n�w�r�..�ua�r,.��r,.w�u.ar�.Maor,,�l�M�e�itr�ue�dirrartt»Prol�iya�+bjictr►Mr�oi,ao/i�g1t� • � =
<br /> powfa�ai�wMtd 6w�Mr,'+irp�y o► . . ` .,
<br /> (��SN►:at�,�n:PMd��marp�Q�aall�rwt�d�o��d a rttYrnbvAslrMrrwtlnarya+MdNw ar�rrynnCR�.l�+��++�+D
<br /> ora�(rp Ihw�rnd�r.
<br /> 17. i�iAW�ro��iMdti�Itort ti�Rlsd�►rwwt�*harafTiwlo�'te#yi�Yairar�ddrati�sM�nrs►d�randb�srMntpmM�d
<br /> bpNiw.l'R�►wd�t arprw�rkorN�st��MS dinRaliona�ttwp�ct b aryd�by drR►rx/araD��On arcu�dfNt�Dy and
<br /> !'� �raorar apraw�rq fbr�pwp�oM a/�nb�ln�Ws Owd a/TnMt aany rtDf�fa a�rr��anl�Yud Arr�r► �
<br /> � ia A�prrMntdOrpo�N��lhe�wudan�iucltaredlmpro�r�rtMrMtlsoarM�re�dbp�b�n�Md�tcydOyl►»lUO�a�c+wd
<br /> /N�y.asa�tawla�cuilY�f�Aor�Tnwbrl�r+�rlranu�rsaRd�esip�KbB�►McJrY,a/r1�ht,IN�andi�l�+MtfuaryarWaR ,
<br /> mpwsdM�dbYaon bMr�d Tru�br�tfte�rey cfiY.�++�'►�Y.A���+�Y.����l►car�prry•arM
<br /> � ariy o�r bodY a apafcy.Ibr��ub�on orb s�cur 11�e lrntaNlfon d�n1►w�y b�►Trwlor.pwpifi�trg b 1A�Tiut Pre�p�ry.
<br /> = ra Glamor,�fa�orPm�rs1�,E�fieuw�r.Mr�rmarls•�rpa,ron.�«�s►a►wro�tMp.aireKMarp:rlprra+i+fp.Rw�rda.rehigs ,
<br /> � n�rr�r p pwMy+t X+t ca�o�l�aprinrahy�waFiMnc�.a.en.c�a.n,.y a,and ar rrpna ana�rMw�undw r�.wws a ua �
<br /> �:=. _ `. ahl�w�rfncorporaranaa�er�arar�
<br />-=- 20. FabMr�rw�bl►BrrMl►c�rYNntaMii�Nr.MYfbvbsraxebl►Bu�l►cl�ryln�c�rclatnDar�1►ri�ta►rw�dy Iw�rx►�lir.oroN►rr� �.
<br /> : ailbrd�db�rappYcaD1��A�w.aNiNnotb�awatwrdarp�ths�xriclMdan��cl►riylna�rNdy.�Mp�oc�+tol. .- ' �;
<br /> -� iau►anc�.afN.p.yn�,e armn�.o.rM.awcl►�rQ.awes achay�by 6�r�cl�rraAarnaee.rwatr.rae�A�Clry�s ri�htl�:�`���:::;�
<br /> _- ac�cN�►a!r 1hs rn�M�i[jrd ffM�. .,: . < -
<br /> - 21. RNrNdf�sE�,mul�efrl�.N htMa,OwdefTnatar�►�ncfendcu�t,�iefNSbar�jrdlMrrlptitoinreNdyur�rPubs
<br />- . l�ed d Trust ot�I�pt�fOd�l�sfid may bs�xacb�d�.�a s��cc�wy
<br /> � 22�.Sucoaesois and�lt�a�r 6�tx�d;J�rKand Swsiall3abt�iTy;Ca�pBa�.Ths cowre�s�qt sDrssre�a�isAersin cot�4k�ad al►al6ti�d.and
<br /> Ehs rl�hfs lientindrralr�tE�txs ta;fhs rssp'scEiw aarxs�tors ev►d�eaaJQns cf Ben�'d�;Tiusi�s.and Tiialiar.�fR co�tanL��nd
<br /> apro�rt►snitd Tnaro►s�i�llbs Jdnt and sevaal 7he cy�br�t and f�qs ot fhe�sarsqrspNS dt►�t IIss�i W Tiust ara I�nr
<br /> . oaHar�i�.r�ceaNYandarsnottbbsw�dalntwprotadsfinsrae�e�rtsansNareol. �,; ,
<br /> 23. Abdc�F�+ceptlbrarrynodcea4ulrodw�de�rappYcable.la,w.r46eg�w�vinano(Nermannsr.(aJanYradcstoTrusAarArw�fa��ie��is
<br /> --- �:;�,., •.. Owd ot Trtat shsM be 9r,i�er�Al!msiWiQ st�h r►otics byc�er�Fed rt�.iNiun'�r+ecefPt roqussted dddrosasd[a Tiusaoer a[Rs nr�i'`rn�;`�,; _
<br /> � afM►�q set lforlh a6oH aratd�uCh ofNer addrsss as Trt�st�r�sy die�l�neh by tK1dCS 1b Bsnsf�e�ry aa porld�etfliQrsfn.arxf(bj:a?3r °
<br /> � ;,�-;",;� r.i�Dlrc�b Bensfidary ur Trsat�s aflaN bs QfYSr►by cert��isC'i�afl,re/wn rscsJpt roqc�d.lb BsrblYclaryrs and TrtaN�'s n►�firlg;i'::.,
<br /> .: ;_�,�` {��. , �:- ��'�.addre�a atated hereln orin auch otl�e►addross es BensRclary aTnuire n►aY dsslDnat�bynoBce t+d 7nabr as provldrd M+sfrG.A�*Y
<br /> , ,��'•r :'`.notics pru�ided Ibr M Ehb Oded of Titat aha/6s deenNd to h�vs D�eti given ro Tiu�.6er�slicJ�arY aTnat�es wlan pirron�rr rf� ,.
<br /> i_': '��-�-''�•' mannsr deslqnsted hdr�Jn. � ' : �
<br /> ... �, .. . ., . _. _ .. .. .�
<br /> ����a.��`. ' ��� �� c�oNSm+r,�caw;se�n,�sn�eaar+usra�►aegov��sdbrme�awsame�rarea�wa�a�xa.rna,se�,nanyp►o,�wn�w _.__
<br /> .. ;•'fY4`jr.`'.. .�':....._ .
<br /> . ;,:,.:Y�.��. . , cl�we a u�Js o�esa a rn�o�tXcts wfnr app+icaare�aw,sucn conMcrsnelr rwr a�ro�ie.provurans o/nw Qsea a r�uar wMcr,car, _
<br /> �.��;;z;�,:. De glven eflect wJthout�c�r.i9icbng provlslons and ta fhls end the provlslons o#t�sl7�ed otTinst aro decJarsd to bs aeverab/e. �
<br /> ,.,,,,«•,�. . • . �--
<br /> ,�, ?,�i r.;. . 25� E�enb of lJefault EscA af cTMa toNowing occurrences sha/l cons�fnne an event of de9a�L7trereund�{he►e�naRar called an 'Ever►t •-
<br /> �.
<br /> � �, .,. aaer�u��: -- �.
<br /> � °' :,,p_.�::° : . , (a) Tiustorshall fall M pay w!ren due sny pdnclpal,lnteres�or pdnclpal and/Merest on the lndebtedness. , ��2�.:� -
<br /> ,,.',�.. -_=_ --
<br /> ..:,., . . . . .. L2t) MY warranry ol tftle ma�6y Tiusto►hereln ahal!be urlbue. .,-�-_--,
<br /> , ,;�;.:.;,
<br /> a ran
<br /> � ;,,;�� . . (e} Trusbrahall f8il to obsesve a peAam any of the covenarrts agreements,a conditlons!n th/s Deed M TiusL - -
<br /> - • ('� My representadon a warranty made by Tiustor on arry Ilnanc/al atetemenis a reporta submlKed to Benelklary byaan beHedlM '��"'
<br /> ��_ _�
<br /> - - � � Tiustor shad prove lalse ormate�laUy misleading, . �' ��•'i'_
<br /> ���`�'t, . {e) Trusror ahall lal to peAam a abserv�a�^:,�of tlre covenants condlBons or agreements contalned!n,a binding upon Tiustor undsr ' � __ =
<br />- �'', . . , . any bullding loan agre�ana�ri.securi`�a�reement,�oan agreemanL Nnancing statemenb a arry other agreement.lnstrumer+t a
<br />. • � document execute�t�.''rus.�r�n cannecUon wlth the loan evidenced by the Note,. • ,,;,,; �` ��
<br /> . ' ��i�e4�ustee,►ecelveror'C�1t�rof the Tiusf Pioperty o►ol Tiuslorshell be�ppoireCr�:�rany of the creditors ol7nish�r8hu1/!!b a '�'�•';}?""� .>•
<br />� � . � . ,p��5on��nMuptcy a�^,sl7rostw,a tor the reorganlzatlon ot Tiusta pursuarrr�the federe/Bankruptcy Cade.a any almllar �'':�• �=�,;.
<br /> - -- -- law,wf�sih�r federal a siate,and H svch order a peUUon ahaH not be discAarged or d/smissed wflhln thlRy(30)days afte►the date � ���1 ':
<br /> •-• � on w1ai�.;7�sruch ordei w pe6Gion was N/ed, -
<br /> � ' - • (g) Trus:�rs9salf file a pebtl�on pursuanf to the Federal Bankroptcy Co�'e or any s/mllar law,feder8l a state,a N Tiusbr ahall be =.
<br /> �• � � ' • adjutdg,�e�Fa Danluu�t,a be dec/ared lnsolvent or st.�11 make an asslgnment tor the benefit otcredlto►s,br ahaJf admlt!n wrldny!ts
<br />��i' . ' ' . lnabi!"r.y r�,�ay lts de�as they become due,or sP,�:':�^�nsent to the appoinanent o1 a recelver ol all or any part of the Tiust Prope►ry.
<br /> (h) Flnal j�.c��.^snf for the payment o!money shalf be r�red agalnst Tiustot and Trustor sha/l not dlscharge the same,oiCar�e.lt to
<br /> ' � be disc;^��ed,wlthln thlrry(30)days a`e�the er,.,y i5ereof,or shall not appeal therefrom or fn�rrn.he order,decree or prcCt-�Lpon �
<br /> � wtilch a pmsuant to whlch sald juc+,�^r�^�was gr�r.cad,based,or entered,and securo a s�1F d��,vecWon pending such��1, �
<br /> � (1) Tiustor shap sell a conve�tt�e Trus;Pr-u�:^�:�.r�rr};•�3R the�eot,ar any lnteres�Mr�ne,r.,or s".�i�e dvested efits tltle,a airy interest . _
<br /> • ` ' • '� the�eJn,!n eny manrner r��a;�..whe°�er�,,.aa^�:���v���^loluntadly,w;thout the wni�tti^.�nsent of BeneneJary DEr'.r�flrst had and
<br /> � obtalned,o� • ' , ,
<br /> � ��. (j) BTiustar Is a corpor�cs-r.cr par';�Ersts'�2rni mo�e than Bfty perCent(50°/a)of the shares or ber,ef,CiaJlnterests�Such corp�2t'iurl a • �
<br />'`.r{ _ �' . pa�tnersMp,as the case may be,sh�.9 be fransferred or conveyed,whether vo/unte►!!y or MvOR:Ci�,ily,wlthout the wrlmen�crserrt o/ ' ,
<br /> � . Benenciary being first had and obtained. -�
<br /> ' � 2B. Acce/eratlon ol0ebr,Fcrecfosure.Upon the occu?ence ot e►ry Evertt of DefauK,or any tlma thereafter,Berrefieiary may,at it�a�tton, t �
<br /> � .� dec/are a/l the lndebtedreess secuied heieby/mmetliatety due sn0 payable and the same shall bear/nteresf at the de/aalt rate,if any, E
<br /> ' set foRh In the Note,ai othe►wlse at the hJghest rate pe►mttted by law,and,inespective of whether BeneflcJary exerclses sald option,l!
<br /> � � - . may,at fts optlon and!n lts sofe dlscretlor►,wlthout any IuRher noUCe or demand to or upon Tiustor,do one or more o!the Id/owing; F .
<br /> � • (a) BeneHclary may ei+te►upon,take possesslon ol,manage and operate the Trust PiopeRy oi any peR thereo%make repalrs and I
<br /> � • � ' alteraGlons and do eny aCts whkh Beneflclary deems proper to protect the secrrdry thereol,and elther wKh or wftNout taking ;• ,.
<br /> � possesslon,!nits own name,sue for o►otheiwlse collect and recelve renis,lssues and praCrts,lncluding those past due and unpald, �
<br /> ` . � end apply tfre same,fess cosfs and expenses ol operatlon artd collec0on,lncluding reasonable attomey fees and Benellclary's �
<br /> '`>' � costs,apon the Indebtedness secured hereby and!n such order as Benefictary may determJne.Upon request of 9eneliclary,7rustor r
<br /> j; ahal!assemble and shall make avaltab/e to Beneliclery any ot the Tiust P�,pperiy whtch has been removed.�The entering upnn and � ,
<br /> • teking possesslon ol the tnrst Property,the collectJon ot any rer►ts,lssues and pro6ts,and the appllcatlon thereof as aforesald,ahall �. .
<br /> }• , not cwe or waJve any delau/t theietolore or the�ealter acca�ring,or aHect any notiae ol defauJt or notice of safe hereundei a �
<br /> �• lnvalldete any act dane puisuant to eny sucA noNce.Notwlthstanding BeneNclary's condnuance!n possess/on ai rece/pt and
<br /> : � � • appllcation olrents,lssues or profits,Beneflcfary sha/l be entiUed to exerc/se every dght provlded for!n thls O�eed of Tiust a by lAw ; .
<br /> �---- ._--_-�--:--=_- - - upon o�after the occumance of an�v8nt ol Dalavlt lncluding the rigMta exarslso ttra pavurr r�l sirtn.�My et tke actJOns referrsd io le ___ ..
<br /> . � th/s paia��aph may be taken by BenelicJary at sucA Ume as Benelklary may detennlne wlthaut regb�d to the adequacy ol ar►y .
<br /> secuNry fa the Indebtedness secured hereby.
<br /> q • , (b) BeneflcJary shall,wlthout rega►d to the adequacy ol any secunry!a►the Indebtedness secuied hereby,De enDtled fo the
<br /> �� ' appolnbnent o/a recelve►by any coun hav/ng J�Nsdlcbon,w/lhout noBce,to take possesston ol,p�otec�and manage Ihe Tiust
<br /> �_�. . � Properry and operate thu same and collect the rents,lssues and pmHts therebom. '
<br /> . {Q) Benellclary may bdng any actlon/n anycou»ol competent Ju�lsd/cnon to forec/ose thls Deed of Trust or enforce any ot the : F
<br /> �nvanAntn hnran! � f
<br />
|