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<br /> -- �Q,�:r'g< <pE(CSto8elle�C��fy pl�pvij,iedfl�fA1F) �f1d(b)arry '�.�;;`�%'°—
<br /> - :��:=.- :��;. sddrssa aet brfh abov�9 otetsacl�dJ�araddress as Tiustor maY dsy¢�ero bY � ' � �-
<br /> . _ _ .'�, nodc.ro eairaRclan►�.rnrs�ee afra/ce qiMSn br ceroBed ma�v,rsw.n re�xrpt�d,[+��ne�cla�s ar,o trusree's meiirp .>_.�<. ..
<br /> ` `^;�*-'��':°''�' ,ddn,s staesa Nas�n orlrr�rcn athe�adaess es 8en�icrary a rrr�lMS+nsy de�grwts bY r�e a Tius�a as porldsd hen+n•My ��'�.;`�
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<br /> � : .. rppc�provlded fixln Urs Deed of Tiust shatl be deerned�et�have been y��ron to Tiratr�r.Ber�ltvY a TnuMs wfioct gifNn In d�s <;�i`.',:.--
<br /> �".V. . - dssl�r�dhere"r�
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<br /> -: �., ,,, 2�. corsr►►x►��ew:sere►a�+�►.rr�s veed or r�r snari ee go�►,ea cr ine�aws a ri„e s��e a n�►aska.rn r�e�ir arn►�ro�n a . . ._�
<br /> . � ._ '. .::.��;�: �ra�.o��s:�ssaa�,�sr���aereraw,sucn co►n�rsn��►,oranecroa,e►wa►��a,sanrs v�dar�uew,,r�,�
<br />° " - , � , � ,�''-. bsgt�ren efKect wTtlaut fhe 44nfNctinS pna�srans and�thfs end the prov/slons o/ihls Daed o/Trust are dec/ared ro be sevsrab/s. -� ��, �G
<br /> • • ' ' 25. Firerns of Delault Each a�'�lallowiirg c�rrences st^�'E canstJtute an event o/defauJt hereurrder.(hereJnafte�calred an"[vent .
<br /> : aneraurr�: , .
<br /> • '... -. -�::'�' (a) TiustashaJl fail ta pr��a�.^.;due a,�prsi`.��lpal,ietersstt.o�p►lnGpaf artdlnterest on ihe lndebtedness.
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<br /> .. . � .,<<�,� (b) an►warra�+aAi�e�by r,usrar,�±�n snan be unwe,
<br /> �, ;•;.�; !c) Trustorad'�VL fait to observe a pe�omt ar'i�ot the covenents.agreemerrts,cr ccndieions!n thls O�i otTrus�
<br />.ti * . (c�) MY�ePreaentadon or�arc�nN made Dy Tiustoacri a.a�►�inanclal stetements or repoRs submittea tb 8eiieFeiary by a on behali ol i
<br />: . '.. : •� Tnutarshall prove fa3sb:r•rnateNalN mislead/rrg. " � , � .
<br />;. ._ . -
<br /> - -�- -- -�=- , • ,'�,;-; � (s) Trustor shall faf!ro per�.,cr�?arobserve am of ttre cc��nants.condttlons or agreemems contafied/n,aWnding r�o�e Tiusta unde► f
<br />" ' � , ,,, any bullQAng►oan agreernent securrt�r agreemer�loan agreement,Bnancing statement,or eny other agraemenf,Jnsdurt�ent a ��: • � , -�-
<br /> - �- � .� -,;:�"�"`: document executec�by Tiusio►!n Casr��yon with the loan evldenced by the Note. E.. ,
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<br /> ;,,;,�.1��}y„. (Q p dusfee.recelver or�quiCata o1 ihe 1'�u:ai PrapeAy or of Tiustor shall be appolnted,o►any of the creditors of Tiusta shall ble a 1 .
<br /> . ,,�,f ,.,,,.; peGtlon tn bankruptcy�r�:.�sf Tiusfar,or fa the rea3anlzatlon ol Trosfa pmsuant to the Fede►al Banlvaptcy Gode,a anY slmlla►
<br /> q ,t„ ,` law,whether federal or s(�e,and N s�ch order or�it�on sha0 nat ba discharged o�dlsmissed withli►Wrry(30I days alter the date i', . _` ,
<br />- - ' �a,.h`•'�'.:�. on whlch sttch orde►or pe5tlon was Bled, i._�.. .. ._
<br /> -;-,t1't,}y;., `'`r,:::..
<br />, Y'�.���:. �.�,%`r,.: . (g I T r u s t o i s t�.a U l i l e a p e t i tl tl o r►p t u a u a n t:�:�:i's,r e�'c a r'�i'�r�n a:!i:�C o c�e o�an y slmfla�law,tederal a sfafe,a H Tiustior ahalf be f �'.:,.
<br /> � ,' ` � • �'ti��:`i;' e d J u d g��a�b s r r k(u P t a be dec/arL%s a1��r��-,a'�rW'�rr3�i�x:�?"a�slgnment fw the benelli of cred'rtois,a sha/l admlt Jn w�n,g l i s �
<br /> . � ' ��•;'!.�',?�. lnabllity�s�pay its debts.as they Cec�rrr���:���rl'�%seft'�s�appolntmen t o f a rece lver o f a I l o r a n y p a R o l t h e T i u s t 1?�e r t y. ; , .:,
<br /> '_ .�_ ,.. �� , . .
<br /> , •� ' �`'��`- �) F1naI Judgment foi th�.�;c^rent of mohey sha/l t�:�+�ied sga/nst Trustor and Trustor shall not dlscharge the seme,or causg�r to �,
<br /> � � be d�scharged,wlthrr*:�"rr,r(30)days after the en��tl�eieol.o►shalJ not appeal therehom o�1rom the order,dccree a prxess upon �,•;,: .
<br /> � '� whlch a pursuant to 4w"ri;��sald JuOgment was gra►;�d,based,or entered,and secure a stay ol execrtion,pe+-tfng sucn appeal, !+�;' ,
<br /> _ .. . . ,;,:!,.; � ,
<br /> ' � •"r�_ p} Trusta shell aell a convey tlre Ti•rrc.,r 7�vperly,o►any part thereof,or any lnterest therein,or shafl be dlvested of its ti11e,a any Interest
<br /> ��t;�;:... •
<br /> . � ;ti:,,�.•�. drereln,rn eny manner a way,w2r�fi-a'qoluntarlly orinvolantarily,wlthout the w�itten ao»sent o�Qeneflclary 6e/ng frrst had�� '-
<br /> :_� . ;. . . ,,,,. obtalned.oi � •, ' " � ' • , .
<br /> = • ;�;'�,. (n H Tiustorls a corpora6¢n cr par;;.ership and mor�than 1fRy percent(50%)ol the s+�zres a beneflclal lnterests!n such corpordf�rr:� �r;.'�„�; ,.
<br /> _ ,;�;;':;.:.," . - - perMeBhlp,es ihe ca,�may Ce.ahafl 69 harrsfened or conveyed,whether vrNurrrar„�/or lrrvoluntartty.wlthout the wrJKen conse�c:# ; ;�•;;:? .
<br /> ;(.•:, � ,,
<br /> - -•--- - BeneNclary being ff�sr t,aC and obtained. � �
<br /> � ' �;(<;y,�. 2B. Acce/eiaUon ol Debh ForeGosu►e.tJpca�the occwience ol any Even�ot Oelault o►any Ume G';erE2,lter,Beneflciary may,at!ts ga�on, � � ::,�,�;
<br />::;;'„: � • ,•�:,!�� declare 8lt the/ndebteaness secuie�t:ereby lmmedlately due srtd�yabJe and the same shall'ts��r tnterest af the defau/t rar����any, ; •.�,,.,,.
<br /> �°;t��� sef 1bRh in 9►e Nate,.or othenvlse at tF.e Mghest rate pe�mfned by lak and,lnespective of whe�e�BeneHc/ary exerc�ses sand eption,it ; ��:r•.
<br /> ." � � � may,at/ts opSon and irr its sole dlscreUon,withaut�^.y lurther notice or demand to or upon Trustor,do ona or tnorg of the fotlowing;
<br /> - (ej BeneHclery may enter tpoa,take pOSSess�on nt marage snd operate the tiust PropeAy or any pa�t thereaf;rrrgke repaiis and ',.�. `
<br /> � � dMratlons and do arly acts which Beneliclary deems proper to protect the securlry thereof,and eitber wrtr►aF wrrtiout taking .
<br /> - . � p a�a e s a b n,!n i t s o w n n a m e,s u e!a a o t l r e r w�s e c o l l e c t 8 n d r e c e l v e�e n i s,l s s u e s a n d p r o%i t s,in c/udin g those past due and unpaid,
<br /> -_ _ - � end appty tbe same,less casts and expenses of operat/on and collecUon,lncluding reasonabfe aftomey fees and Beneficiary's
<br /> casts,upon the tndebtedrtess secured hereby and Jn such order as Beneficlary may determrne.tlpon reqaes!ot 8enefictary, Tiustor
<br /> ` - --� ` `- - - - `- ' shall ssaemWe and shall make avalfab/e t�Beae(Ic18ry any o!the 1'iust P�opeRy whlch has been�emoved.the entering upon and
<br /> • • taking posseaslon ol Ure Trust Piaperry,the cdlectlon of any rerrts,�ssues and prolils,and the application thereot as aforeseJd,shal�
<br />• • ' � not curo or waive any defauR theretotore a therealte►occum'nq,oraHect any nodce of defauft or n�t�ce of sale hereunde►or
<br /> = Mva�dats any act date pwauant to any such nodce.Notwlthstanding 8enellclary's continuance in possesslon oi receipt and. .
<br /> � ' � appHcaEfo�o!ren[s,Jssues o►prorits,BeneHclary Sha!!be enbUed to exe�clse every dghi p�ovlded for in this Oeed of rrost a by!aw
<br /> ' ` upon aal[�e►the occumence o/an Event ol DelaWf,Including the dghf to exe►clse tha powe�of sale.My of the acUOns refar�ed toln
<br /> ; .: ,: . .
<br />_•`___ tMsPe►egraPh+iraY ba taksa ts�r BenCllctarysts�ret�G�meas BeneNetar�c may detnrmine withar��egard to ih9 adequacy a/any
<br /> — -- -- _ _ , - -
<br /> .� • a�cumry for Nre Inde6Mdness secured hereby. .
<br /> + . • (b) BeneNclary shall,wNhout iega►d to the adequacy at any securiry lo►the Inde6tedaess secu�ed hereby.be entitfed to rhe
<br /> •. � , • eppolntrne�►t o!a recelver by any couR having Jurlsd�ct/an,without rrodce,to take possession of.prbfect,and manage the Tiust ,
<br /> � . � , - �roperty and opeiate 11re same and coNect the rents,lssues and pmlita the�elrom.
<br /> . . .. (c) Benelklsry may bring eny ac6on In any couR of canpetent/udsdlctlon to faec/ose ttrls Oeed of 7�ust or enlorce eny of tbe ' .
<br /> y� , covertaMShereof. �. �
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