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<br />�ti TO PRGTECT Tti£SECURiti'4'OF TH1S i�USF OEED:Tti�STQ�1�i&���1Y.-��Il'�,;, : : __--------__-
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<br /> 1.DAYlLEN'I Qt PWlfIX�A7.A47D l!i'fERE9T.Tr�st�Jl t7�►Ct+yJ.�7��P'�D�➢�of and intetest an ths fndsLtedness drida,n�ed�p.
<br />- � ;,:,t the Hote.aad elt oihCr eharges end teas eaPra+idQd(n thm Na3�arxl�{�.mGW�3,�`•ptb6 interest o�8nY Furitre Ilfirances secure4 by tli�Trust A�ed. �_A�:^..__ _
<br />�- .,a�� �xx,� 2 W.'..°.RAHTY Or^YITi.E.Trustor is Iat�Ruly seEaed and pr,,ssesscd+s�qr�i+trtf{ciqdateasiDie Gtta and estete to th3 ProDerh►RereDy tor.iay�Etnd �' --- _ _.
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<br />- *�'�-`��� . , has ths dghi to Qrant arsd owlvey the Pr�part�t�tha PropsrtY is troo ardi#aaf�qr M�lia(c���nd easumtiranoas exoept�;ens noac at reocrG;and Trustar�rN .
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<br /> �4��` `r r a �varrant aftd detort+d tRe tiUe to the Pra�rty agaiast ffi!�taima arad d�rrar.dS:� ;._ - , ;` 4 � -- _ _
<br /> -�' ' � 9.M�Il�TENAA[CEAlJDC03it�PilA4i�WlTNE.AL'Y8.Tn►atcssh33R.k�t?i3iP't�'�t,i!ti�dteFaieartdconditianatMstk'�1lnatcammitwastearpsmt� ��`�c�;,,. _ ---- _
<br /> .��,�;� impairrrtBnt ar Qetertnration of the Prapa�ty ead 6haU Corry+ly viuFi f.tiA p�a�rt5t4!(s�p����'ie this Tnut Oeed is an a ieasriRO�.Ho imprmrameM.navr � ,-x`�"- j _
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<br /> ar heraafter erected aycn tho Pragany sha11 bs att�ed.rerr,am.dsac ct�tr,4±+@,ix�d�fu'�IiGacati�R?iar w�itten consent ot BensSCiary.Trustor sflat!GompSy.w[th•
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<br /> �=ys-. eII fah'S.ort5tkvtCes.�egulali�ns,eaverranLS.cond'+4am3 and r�+ct'e1ttS attRFtitig'!1�Progeriy 2nd nafcammiL sufie*or permi!anr att to b9 dan3 in or ��
<br /> �;,_� ��;, + w tt�anthePtoperiyinviofationoiary[aw.ardirtarico.ret��ns�ioorrc'rae'.f4qo�itkisor�esUictton.TrusmrshaliCOmp!eteatrastareP�9Uf/aRdingaod - Y
<br /> � ,��`�-�� 'K �rt�rnar�iRemar�aeranyrimpravemenlonlhaPro�tywhEcRmayAed3nra(.pStor6esvoy�der.dpay,vrt+arfdue.altdatmsfo�rFa�orperFaam�anartraieriafs. , r�� N. ___
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<br /> � r���,�`Y ' .� G.tHSfJRANCE.Trustor.al ids eupanse.vrii!main afm with .ins�motsa�G,fGr+ed by B�nefiaary.u�su►�ncewith resp0ct ta the imptovemFn2s and p:�+5vs►al a.� � -� --
<br /> - '� �F�`•:,�s`<,t ,' O�Y•�9��PBnN•�loSSDy�rQj�rt$1�rr�6kY,�t�i0.tt�ECAenlSandhazardscav�edhy�i�dard�ndadCOVerdg3it�dorsfitr.ettt, S�" :h r:�;g�-""��_
<br /> _ �':4�.7;f,::;�' in an amount equal to at ieast�se Aur.dre4 percenc(10Qab�aZ PIti3l�1�eytae2ment vatue thereat anA i.-�suracsaa agatnsi such oMer ha�cards end in sueh �� r?s��b; _� -
<br /> ',.:2`���-.:�c;,-.;: � � oam3rs and otst�4+�lar propeRi�ar as Beneftcia=1'maY�eR����'r its Proteetion.Tnistw wiit Compty vrtle ����::::-==-�° �
<br /> ; . amo�mts as is eusinman'g►canisd GY u�r� ����
<br />_ �f•Y' -.�'.`cF;�`}�,f'.S SuclfobherreqidrementsesBartefrctarYmaYtromti�r.r�tut�me+rE�estfortheProteeuonbyzr�ur�e�otthe��iestsofUie�esp�tivepaitiesAilinsurance g»r�� mcar _c =
<br /> � f�_; :;�.���:1�'•�. . paticies maintair.sd pursuant to this Trtist�aed sha11 n3m�+T►ixitbr and Benefiazry as insured.asthar�a irtterests may eDPear.and praviw that �5�,, _
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<br /> � .:;�r:�°,t;%,.•-�.__ 8�etebenor�dnmtiaIIae��rt�dificatienwftho�et(east156a.y&�iorcvrittennoti5q5onmTrtateeas•.�Herte�a.'vcsraYProquesucf�insiaaneeinarx�esQano�t _-_
<br /> �,. .�K �'��'. ,�.,, with the�ovistens of paragraQh S tuere�-Tric�tca Ws3ip tb3CdlGt to Benefuiary t�a ori�na!poHaes of ic�a7aa�nd tener+afs thereot or mema o�s'�s at .�;>��;- __
<br />��_,;: f.1'f;,�;",.•,�:�, c�ars�md�shalt,attheo tionWBe�a�,a =�u,�-Y�-�_-
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<br /> j� - -..- ;;:,- ConstituL9 a Q6f3utG '� •�.c. . '.,•.' .
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<br />-s�•,,. ,f... S.TAff�S.A�S�S�SSEiHJT8A4i0CHA�iti�.S.Tru�UC�st�'payalltaxe�essessmentsartdatf�ei�ra�ii6a�iding:vnflioiillirflit�narr.finessn0�mpa..�tians-. . .. .
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<br />_� : ;;, ,�.��,.:. aHsiLutzht8tottr�Pmgarhar�dlEasef�cldP�entsorgrourt0'tents.itany.befirethesamebeca�rzdetinquer�tTn�sta►shalipro:nptly[umishtoherce�tiary .s,,_.
<br /> • 2llnmttcesalar'.cur.�duaucsCarUdsparagraAh,end'mtheeveM7rustorshallmakepaymentdirectly,TrustotSh2lfprompttyfumishto68nefrdatg�ece(pt8 ,�=��
<br /> evfQendrtg s�xh gayir.en�.Tnr3ta sf�ait(rayall iaxes artd assessments whictf may Ea tavied upon Beneficiary's ir►terest herein or upon this Tnist Oeed ��. ;�-�._-
<br /> - .--.r�,•..,''_:a,' w(ttipuE�eg3rd tb ar./favr.qtrat.may.ha�naGted imposing payment ot the whote or any Rart thereof upon the Beneficiary. _�.�' .�..�
<br /> �,� • -6.ADDiTfOiVAl.LB�tIS f�Hm PAQT&C'fT41l�OF BENEF[qARV'S SECURi7V.Trustor strsE4 cnzke ali payme�its ot interest and principat arttl papments .�:�� -
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<br /> ��jt ,.. .- .. ,. o}any pttt+a�char�s,t8es ahQ e.tipr�ases;.coctL;sted to be pald to azr/existing or subsequ�i�nfmlder or deae6Gary,under any existing w subsequent
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<br />- �<:i:'�:`;<}:s., ,, mcrtgaga�7u�td3edbefC�at1',�d�t4tl±dy�nf�Qefinquerrtortndefautt.andpromW94gYanaC'wchargeanYandaUothertiens,ctaimsorahargesvAuch • . :. _ :°.' _
<br /> ,�<:,�r,};��.�s."-,• .' �Y1����,����.y�r4r�tedl�ilr�n�,ifTrusiorfailstomafceanysuchpaymertoria7stOpeAormanyofthecovenantsandagreetnentscontained .. ;.`.. •�- sv
<br />_ ',.`f`..'4`.y�(}��;�'f?3�.; , in this TrustOeed�•ort�9�NcQ�rccferr�4toiharein,w in a�ry prio:or subsequentuust deed,ar if:airy acHon or proceeQing is commeneed vmiCh m�esiatly :r..s?: -
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<br /> +• „r.„�,..',, g{}�g ggne(�grs•g inpp��tl�t1;itPropetiy,irtcluding,but not Qmited to,eminent domain pu�=�-�ings,proceeangs tmolving a deceden4,notieoof Bale �.;,,
<br /> � ,tr/Trustes.t+e�aaold�td4ttlr.'ittstea.mart Btoreclosureaction.arifTnistorfailstopayTn.i��'•SCebtsgeneraflyasiheybecomedue.thenBBrsefidary. .,,��i�+� ..;.
<br /> � ` �+ at Benefiaisry s option artd�tnrl�mi�t notice to ar demand upon Trus[or and without�easirtg T�:'�++?^anY obligatian hereunder,may make sueh appearffisaes, r ���j7:w�.• r�,,�,'
<br /> ' .� �sg"suaNgums and take such action es is necessary tn psotect Beneficiary'g irt:erest.irtGcrZcr3,but not limitee fa d�hhursemert of reasonab[e amxne�s < :� , }'i��",
<br /> � ••t: fees,payt+teMJ R��ase.contest ot compromise of any e�cumbrance,ch2rge ar iien,sntry u�on the Property to ma<0 repairs,or declaratton ot do.`2nt1t . ._ � . ,�!�,
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<br /> ' - � unCerthlit'fti�[Deed.lntheeventthaeTrustorshelliailtoprocureinsurane�astoaayfm�os as�essments,oramrotherehargesortomak90m/p�yat°nts .�.;;ti,�R.�J . '� - .
<br /> ; ' to ariy exist(ng or subsequent tienholders or existing or subsequent Cenefici8ries,Benefitiary m.ag proCUre suth insuranee and make sucb paymenb but• ;.; �t{�',J��t,,,�'
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<br /> . • • . shallnotbeobligatedtodosn-AnyamourrtsdisbursedbyBeneficiarypursuanttoth:sParagr��sh2114ecomeaddiUonalinQebtedn,essofTrustorsecured • �7."';i�•�•'F,',:, _''�� � - . '
<br /> "; ��.,�;. � � by thls Tcust Oeed.SucA amwnts shalt be payab!e upon notice from Beneticiary to Truscar re4�%�'Gng payment thereof,and shall bear interest from the .: tf�:�9;;;,,.��" ;�'. �
<br /> �%;•' date o!disbursemen!at the rata payab►e from time ro time on outstanding principal under tha Ndte untess payment of interest at sueb rate woutd be contrary '� ^� -.
<br /> '•^C�;�y;,. �� toayplicabtetaw.inwhicheventsathamountsshallbearinterestatthehigheslrateperm+ssibteunderappliC2b'ela'x.NothmgcontainedinthisParagraph ' ;? s,r..� �s��
<br /> � , , 8 shaU require Beneficiary to incw arry expynse ar take any action hereunder. ��d�`�`-�" v�
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<br /> ' • 7.ASS[GHMENT OF RENTS.Beneficiary sha11 have tne nght,powe►an0 authonty during the continuance ot th�s Trost Deedto cottect the rents,issues �,. ,�,��'��'��
<br /> � • � • and profrts of the Property�irr.0 of any personal property toeated thereon with or vnthout takmg possession o1 the praperty aHected hereby,and Trustor � ;� r:,';;: �_
<br />- �� hereby absolutety and u:�crttt��iionally asslgns aU such rents.issues and proMs to Beneficiary. Benefiaary.however,hereby eansents to tAe TrustoPS :;., � ,��T_
<br /> � catlection arid retentio^al`:�;{�y rents,issues and protits as they accrue and Isecome payab'e sa ton9 as Trustor is not,at such time,io default with respect _-: ,,;:;�,:..,, ��_
<br /> � � to paymer,id.2'ry ind��e�:ess secured hereby,or m the pedormance o1 ac:�f�,�:Aement y�eunder.Upon any suCh defeutt,Benetici�ry may at�ny time, , � �;�, ,�;;r,%�. ,
<br /> � � � either in persen,by age�t,Cr by a receiver to be appointed by a court.w�thc�[�Yr:rn an4 without regard to the adequacy ot any secunry for the inC�ri�'ness °t.{h�i�`°.•- � _=•
<br /> . . • � hereby secured,(a)en?�'�:�:x�and take possession of the Property or any paA tnereof,anC in ds ovrn name sue for or otnerwise collect such rc�-�.�;.;.�,Sues , , .• ' . ,W�:
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<br /> - _ .. . and profits,including thc�.�I���_t due and unpa�d,and apply the same.tess costs and exper�s ot operalion and conection,irtcluding reasana6le a::amey's , _
<br /> ° ° teas,upon any indebte�.•�4zcured hereby,and in sucfi order as Benehc�ary may dete�r;`r•s::(b)pe�form such acts o1 repair ar protection as may be • . .,. -
<br />- � . • nece§sary or proper to�xue the vatue of the Rropeiry:(cy iease the same or any part��*a�eof for such rentat.term,and upon such conditions as its � ; �
<br /> ''!�•`• '' � judgmenl�u�f dictata,or"�•rr:r.ate or ad�ustthe terms and conditionsot existmg�eases.Unless Trustor and 8enefic�ary thereot agree othenvise in wriling, ; . . __
<br /> •�,'.'Y2•;ji; '. ' . • •
<br /> ;,. �jr,�� : any app;;c�;�,ot rents.�ss��es pr profit3 ss��.r/inOebtedness secured hereby shall nm extend or postpone the due date ot the tnstallment payments es , :���a.
<br /> • prov►ded in•;'aid promissav�-ota or charr�y tne amount of such installmenu.The entering uport and taking possession ot the Property.me coueetion 'r
<br /> ���,.���.' � • af suCh rente,�ssues 2r.G p��i:3,and the application thereot as aforesaid.shall not v�a�ve crsuro any do�ault or aotice ot default hereunder or invalidale . '. ��T
<br /> `' an 9et dane pursuant_?�:i:t�nodce.Trustor atso ass�gns to BeaeGciary.as lurther sewc.�Ca�the performance of the obligations secured hereby,all . , '�
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<br />_.�}, �'�.:. . prepaid renis and all mu:iiy;�rhich may have been or may herea(ter Ee depos�tetl wdh saiC�T�ustor by any lessee of the Property,to secure the paym�ent _
<br /> :+�, :'� ` , of any rertf i�damagas.'ar�pon detault in the pertormance o�any ot the pra���:��*s hereof.7rustor agrees to deBver such rents and depositsto 8eneficiary. �+� _
<br /> "y' • Qelivery o•r.�f.�:•rt notiCO flf BenehClary's exerase o1 the nghts g�anted hN•��r.�to dny tenant occupymg saiC premises shall be SuttiClent;o•�,.nr9 said
<br /> ;'S`; ; � ' :) , tenant to p.��ertt to the Beneficiary until further nohce. , • . . ±�`
<br /> !�4' . � 8.CONDEAANATIOld.tf.�°t'0 to any part ot the property shall be taken m Condemnat�on proceedings.ty ny�.of em�ne�!doma�n or sun:lar action,Or . , �
<br /> ��' � � sfiatl be sotd under thr�,:t.cf con0emnauon,all awards.OaRages anC proceeds are hereby ass�gned and s"a!!be pzC ro Ber.eticiary who shall apply '.,y;�-;
<br /> ';�:.. -�� eueh av�ards.damages�'��f�oceeds to the sum secured Dy.h�s Trust Oeed.wittr tne excess.�t any,pa�d ro Trustor u t�u�*or receives any not�ce or . .;�;,
<br /> � ,�tiy; � other intom.ioh regarding such actions or proceedmgs.Trustor shalt�a�prompt vrntten notice therect^�F:re�iciary.Benef�ciary shatl be ent�tled,at ;" �.,, �,�
<br /> �� � ,.;;!r,;`�;�IS : its option,tttccrnmence.appear in anE proseco:fa m�ts ovm name any such u�trxr or proceedmgs and sha0 Ce enn'ed to make any compramise or settlement �
<br /> ' �''ti';�'r!�',4� in conne�.'!r.R'arith any such action or prar,cedings. .rfY
<br /> �,• i �.�., ,
<br /> '��,� � 9.FUTURE ADVANC£S.Upon request qt trustor,Benef�crary at 8ene(idary's option,pnor to�econveyance of tne Prope►ry to Trustor,may maN� �
<br /> � ' ' tuture advaACes toTrustor.SuCh tuture advances,with mterest thereon,snall be Secured hy this Trust Oeed when evidenced�y promissory notes stating � . ,_
<br /> ��� ��'•�' �� :. , that said notes are secured hereby:provided that at no time sha0 the seccred pnricipal and tumre advances.not mctudmg sums advanced to pratect �
<br /> " the seCUriry,exceed Na hundred percent(200�b)ot the origmal princ,pal arr.ounts secured hereby. . ¢4•
<br /> � � t0.REAAEDIFSNOT EXCLUS(VE.Trustee and BeneUC�ary,and each af them.shall be entdted toenforce payment and performance ot any mQebtednCSS �
<br /> - -- or obNgaUons sacured hereby and toexercise a0 nghts and po�vers under th�a Trust Oeed or untler any other agreement executed in connection nerewdh • :�;
<br /> � , or any laws now or Nereatter in torce,notwithstandmg some or all o}the such indebtedness and oCligations seeured herehy may now Or hereafter be ��_ +y,�
<br /> . � ' • o t h e N�l s e S e C U r e d.v r h e t h e r b y m o r t g a g e,t r u s t d e e d.pted ge,lien,ass�gnment or otherw�se.Ne�ther Ihe acceptanCe ot th�s Trust Deed nor�ts eniorcement ;
<br /> �.,, •, whether bycouri action or pursuantto the power ot sale ar olher powers here�n contamed.sha11 pre�udice or m any manner atfett Trustee'sar Benehc�ary's �� �_y
<br /> ' ''� ._' right to reatae upon or enforce any other secunty now or hereaiter hetd by Trustee or Benehaary.A Deing agreed that Trustee and�enehuary.and each ♦
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