. .. . .
<br /> ; i ,. , 1.�. :kd.,(" .`:�, .
<br /> ` .:�Y.u��{�;i'.�.:�— �—_--��� . — . . ._ - _. -�.
<br /> �w,
<br /> �
<br /> � LX
<br /> ' . . .k�� � ��_ --- . _ _--
<br /> - - - -
<br /> .
<br /> ------
<br /> _ '_' _ - - __- - -s----- -��...��..�._�.-_- -
<br /> - .�__.���;:,, ---
<br /> ,�_,:_ -
<br /> - .. � �� . �p�•105293 .. � • --
<br />- - �R'.�:� • S. Untea apFlfoabte I�w proNAss othawduo,a�1 pnyr�ant�racelvod by ltndor unda the Hot��nd per�Qnphf 1�nd 4 hn�of thdl trs�ppllsd by L�ndu °"'x`
<br /> - ---- Hnt in pyrm�nt of�tnounts peyabl�to L�nder by 8arrowa unsa parsareph 4 h�r�of,th�n to Int�rs�t pry�ts on th�Mots,th�n to tb�pdnetp�ol
<br /> tM Nat�,and tMn co tnt�nit�nd p�lnc{p�l on�riy(uetAe��dv�na��or othn indsbt�drn�s ncuad h�nby.
<br /> 0. 8orrow�r �hri kNp th�Mop�riy In pood r�palr�nd�h�ll not aommlt w�at�or p�nNt ImpNrm�nt or d�t�rioaUon ot eh�Prop�ny.
<br /> __ 7. If tM Ba►awh fail�to��)mNnqin o�pay tix�p►wNumt tor tM nquind in�w�no�af tM�Roperty,or b)p�y t�x��b�ton dNtnQu�n't,o�o)�say�ny
<br /> rriount du�und�r�pdor motSp�q�or trust d��d b�ton dMinpu�nt,ct d)mNntNn th�Prop�rty In pood npalr.m�1 p�dorm any of th�aovmsni�or
<br /> �rNirNMr o}iN� i?nut O��d.tMn L�ndn mry�t In aption pay wofi Intunna�pramium�,Wcn,martp��at uust dwd p�Rmnt�.ot m�k�npNn `
<br /> «fd dla6un��uoh�urN and tda�uoh�otlon p tt d��mo�nary to prot�ot Ib tnt�ntt without w�dnp oa�ff�otirp it�rtpht tn d�olst�or d�t�uit
<br /> -�---�-- --- �nd�ac�i��at�th�d�bt nound Ma6y bsaus�of�ny�uoh i�ilur�ot tM 8orcow�r. Any�rnount�so disbun�d by th�L�ndu�hNl comtitut�
<br /> � �dditionN ind�Ot�dewa a}8onow�t s�our�d by thi�T�ust O�W�nd shW bar intn�st trom th�d�t�of di�bun�m�rrt at ths r�t�pay�Dt�und��tM
<br /> Not�. NotNnp aonWmd in tMt psr�npA�h�N nquin Lsrd�r to mMc��ny euoh dleburt�nt�or tdc�any aoUon wMt�o�wr.
<br /> �, 8. L�adn m�1y mMce or o�uf�to b�m�d�rnwnabte entd�s upon u�d M�p�odon of tM Prop�sty. —
<br /> '��' 9. fia proos�i�of any�ward or ohim for dartu ----
<br /> ws,dirsot or coratqu�nti+d,in oonneodon wftfi any oorwlKnnatton or otMr takinp oi tM Property. -
<br /> .� • or part th�nof,ar tar oonvsyanos In Iiw oi aond�mnaUon,ar�hsnD��stipnsd�nd ehdi b�paid to leede to tM�xnnt o!ttn tutl�rraur►t of tM
<br /> , remdnirp u�aW Ind�btWn�s�anur�by tN�Trutt O�d. �,�
<br /> � ��� .L t'.�1..
<br />� •. t� �A1 ���� �~,..�
<br /> , ��'k+�'-� t<�r• pmty b�b�ndon�d by Hottown.o�ff,atter notlos b Lender to 8or.ower thst tAs oondamnor oH�rs to msks�n eward or��rii��Walm fo► ° -
<br /> brrv.•t.J+::aSc��r� Y ---
<br /> fI•. .:t,^�. •.a;��,�.�"�,.,;,'• demrpn,Rorrower t�iN to rospond to lendsr withtn 80 d�ys�fta the dete eu�A notloe io mstled,Lander io authorized to oollaot end eppty the proa�ede �
<br /> ,�!��:�'� °z, � . to tM suma ucura�by tM�Tru�t D�sd. '"':,,
<br /> .�;a; � x< '
<br /> (7�ryA
<br /> ,,,{}'9; , Condwrxutlor proaNds or�wetds shaU b�ondited to tM Iut m�tu�inp tnftoUmenU ot th�indsbtedness secund�nd shdl not exo�ed or potnpons
<br /> .sf��•,:;_•,��-;; tiw du�dst�of t!»imtaitme�ninwd to in panynph�1 and 4 Mreot o�ehenpe the�mount ot suoh instdiment�.
<br /> �. 10. it tM Lsnde issua�psrtfai relees�of this Troet 9e�d,tbe praoseda�eoetved therotor ehetl be oredited to the lest matu�inp instdlment�of th� �
<br /> •'�•' indsbtsdr�ss seoured hsroby. •�'
<br /> .. q
<br /> � '`�`",�'r`-t'�`• � t t it I.�nd�r�ItMt voiuM�dty or Involunt�dty b�oomss�party to�iry auit o�tspat prooadf�p roi�dnp to ths Prop�rty,Nots or thia Ttuet Oesd,thea
<br /> �g,�:....r.,:,4.
<br /> M•• ,� Bor�ow�r wGl rNmbun�tM lendet to�dl ooat�and,to ths extent permlKed by tew,reasonaDlo attorn�y f�e�inourred by the Le�der ro�etlnp to suit
<br /> ;�.�.�.,:,r.,,�,';'h orlogd proos�dinp�uid safd eumn shall eonsdtute addidonv irtdebtedneoo seound by tNa Truat Oeed ud besr int�rest�t ehe vats p�yeble under the ,,-• '
<br /> p�r =- - s Na'ig untit p�id. .
<br />_ yV,,�.. '.��='."-. . }'
<br /> '�`;r �J�'' ' •�'"�� 12. A��dditiond taoudty 8otrower does hereby eesiqn,trarwier end aot over to Lender,in oa�e of defau�t in d�e p�rformanoe oi any ot tfis tetms or '�
<br /> .�;.:: � 'ia�+<s;,.;._„;'=,- .;y cortdidon� ot tN�Twtt Oad,ths Note,or tha arms of my indsbtednesa 9eoured beroby,dl of tF►�renU, rovenues end eny inooms ot nny type
<br /> fir?^� •_ �,._... wh�tso�w�to b�dulwd trom the Property,inaiudinp Imd contreot paymerrte. Lendar,in pereon,by apant or by teaeiver,without rop�rd to ths
<br /> '�r:U_� : sdwnoy o��nsdv�noy ot tM Borrowsr or th�vdue of th�Propony.�hNl be endded to take poasesolon of,�ep�ir,ro�t�nd menape ths Prop�rty�nd
<br /> .. ;.
<br /> ' '��?' to oolleot the nnb,nv�rw�a snd inaoen�therofrom and it ms
<br /> ' y psy out o!eeid income sU expenees oi ropiir end ao�ri incurred in ronUnp end mtnspir�p
<br /> �.�,,r;,t.:�,r T -:•�„ p:' ti�?roq►c�r�nd ao�wtinp►�nai�+ufd for p�y�Mnt of Inwtano�premtums wit�amr��msfNnp 6W�nos to Ds eppli�d to ths Isst m�turfnp�Syrmnb
<br /> , n�,� ,y, of tM d�bt��utW 6»nb�/. Upon prssenUnp a aoyy of tNs Truat D�ed end deman0 to eny Isttse,temnt ar oom►sot puroha��r of tho Property,�uoh
<br /> '� ` •�?�• �; �• •;�� P���hMl paY�II ant�,yaym�nu ard proflta aoarued or tAeroafter eoorutnp to tfis Lenda until further�otioo trom the Lender.
<br /> ' t.�•";'.�' . F�,�:�} . .
<br /> '4'..N,.:.... • ' �'�\�v`
<br /> ��':- 13. If atl or any p�rt of th�Property or any intereet theroin 1�deeded,sotd by laid oontraot or acherwlae aonvey�d.alieneted or furthor enaumbned
<br /> = ~t•:� •' elther vduntarfiy o►imroiue�t�tily without Lende►'s pdor w�itteo oonteet,or It ths Uustor 19 s ao�poretlon�nd thero i��ohanpe in ownsnMp of 6096
<br /> `�' ;�" ,, or moro ot the eorpot�Uon's ttoak,or it ths Truetor la e partnonhip and there la e ehenQe in 4ha membenhfp or e di�so�uUon of ths paetnsnhip,
<br /> ,;;=; ..';�;�},-- �: �xetudlny bl e tnnsf�t by opiration uf iew upon the deoth ot a jolnt tensnt or(b)the prant of any Ieaeehold interest oot oonUidep an optton to
<br /> `F,; ' +`,;:;�,.� purofwawitha►Ieaset�nn ot two ysan ot tess,or(o)the•oreeUon of ths purohsse money seourlty interoat in houtehold epplienoet,then i,ender m�y,
<br /> ",: f. �','!�`�"}�•' �< <������ rt its opBorr,declar�rMF suma seourod by thie tast Oeod W be Immediateiy due and payable. In the ovent the Lender oonaante to eny suoh ohtnpe
<br /> " -='4��"�_�-�-� � �t�`;�; in ow�rorohlp, oqntrol or ditcWuUon or tranefer of nli or eny part of the Property,then Lender may et Ite opdon edJuet the ieterest�ate to tfie prevEillnp
<br /> • "+�+�;�.,�,�►. ��s+',�. ►at�of int�rest tfitt is ah�rped on nsw eeoured loens of the type seoured by this Tntat Deed at the time oi tho ohanpe in ownershTp,oontrol,dlaeoluUon
<br /> ,�•{�,-,':�. �µ;*:.,j:r:�. of tnnsfq and mry ohnq��ttanofer be. "J`.��:�
<br /> .. '�r!.s'irp}�,�."�^.'.• r•.''�.',; ':' '�:tr:.;;
<br /> . � • k :t��7��� 14. Upan Bortow�Y�breaob of eny aovenant ot eproement ot Bonower in thie Tniat Oeod,Inoiudinp the oovenanM to pay whendue�ny sums seeuted
<br /> +c����mr.u;:;;�?;�;;. by tN�Trust ONd, L�ndsr et its option m�y deoters�tl of the aums asoured by thts T�wt Oeed to b�Immsdiat�ly dus and payabte without further
<br /> �R.:� : �,.;; dwnand�nd m�y invoke ti»powsr of Qste endJo7 any othet remedieo pemiitted by eppAonble lew Inoiudirtp ths dght to foreeloes this Truet peed in
<br /> ��;�i th�mannsr proNd�d b y I a w t o►t h e t o ro a l o s u�e o!m o r t y e p e e o n r e d e a t e t e. L a n d e r s h n 1 i b e e n t l t l e d t o o o l ieo t e A teason a b�e aos te a n d e�cpenses
<br /> �:'!"�'��"'�" ''�� iraumd in pumtlnp�uoh nmsdt�s ineludinp.but not Iimited to,end to the extent permitted by lew,reeson�ble�ttorosy feea.
<br />- 1c ,,;:.,.�t � :;..
<br /> �`�"`��'��" � � "� ft the power of ub is Invok�d.Truatee thall�eooM e nodoe ot defavh i�eeoh ooun in whloh the Properh�or sortn psrt tAereof le tooated nnd roNde
<br /> ��x:,:,:.:.'`.r=:��.,s; �v v (
<br /><� � �� � •�;���• � nodne eheraot in ths m�nner prosod0ed by apylioabte law. ARer the lapse of euoh Ume aa mey be roquirod by epplioeble tew,Trustee sheli piw pubito I
<br /> , , '��. <-� �• notios of sab to tA� nom and in the menner roeortbed by epplioaDfe law. Trwtoe,or the attome to�the TnttSee,without Gemend on 8ortowor,
<br />_ ..�.o......,..,. . •�� P� p Y
<br /> •,-w� •, '�'7` stuU eetl tM Property st pubilo auoNon to tM hiphen bldder at the time ara!piaoe end u�der the terms destpneted in the nodoe of eate in ona or more
<br /> ;��.; . : ;:}•�• paro�t�rnd in�uoh o►der a Trus4�s tnay detsrmine. 7w�tee may postpone sate of dI or any perooi of ths Property by publlo announaement nt the
<br /> "'�'fc,ty ,. ' ,� .� Urt�s�nd plaoe of ufy p»vlously tohedWed ss��. Lender or LendeYo de4ipnee msy purohase the property at eny sele.
<br /> ��. _�.`t''. • ,:•. , Upaa rsadpt of p�yrnent of tM pdo�bW,Twatse aheil detiver to the purohaem s Truetee'r Oaed,without wettenty,aonveyinp tAe Property w�d.Ths '
<br /> i �� �s It�::.� • I„{ ncit�it in tM Truns�'�Oed shall bs ptime teots eMdenoe of the truth ot the stetemonts mede theroin. Trustee fhsil suppfy the proaeed�of tM oale
<br /> �, .��' . ••+J,�';��.�� In tM tdlowinp ordsr.e)to d!rsatonebl�000ts s�d expentsa of the ede,irtciudioy,but not Ilmlted to,Tn�stee's fees af nut more then fiire Hundred
<br /> �' '� '' ��"'f'�`^�� and No/t0O(�500.00)plu�1J2 ot 196 of tlu emount Qeoured Mreb end remaldn u dd,and ooats ot dtle evlEenoe;b)to ell sum�eecured by this
<br /> •:' .�:h�'•����; Y 0 �P �.
<br /> �'� ;�OQ Tnnt Deed;end o)tM ezoe�s,if emr,to the penon or penons Iegatiy enUtled tiursto. • "
<br /> . �t.�,D� _::�;'.:: - ,
<br /> }1;;� ,+ ; '`.-^^ 18. An torobutu�c�b �s.;
<br /> "''�„��, y y I.�ndet in�xetoleinp any�ipht or remedy hereurwler,or othe�wi�e altorded by applioebte lew,sAali not be a wavs�ot or
<br /> � a•� i
<br /> • �,},i J�;. _ . prooluds the sx�rcts�of�oy suah dpht or temedy in Me evsnt ot conUnutny or futuro bn�ohe�by the Bonower. ��,:�:
<br /> x�,.
<br /> �� �' ` �•'�?���•��� id. AU ram�diaprovided In tNs Teust O�sd ero distinot and oumuiattve to on other dpht or�emedy under this 4�n Deed or aHorded b lew or e i �
<br /> V y qu ty
<br /> �:. ' '"�� �ndr►uyb�unreieedeonaumntly,indep�ndsnd►rorouoossaively. it8ottowe�hesQivenLenderaehettatmortge�Ee,orseouri � �
<br /> ;,u; ::i��:::•;� tyepreementonperconel
<br />_,� �. '• � '. propeny a�dditloe�d�saudt�r for the debt aeourod heraby.In the event of Eef�lt hereundcr or thoreundor,l,oreder ohell hovo the dpht and optlan to .,,,
<br /> ��`" -" :�,?�� �• '`��-f fint fondos�on faid psnonal propsny without projudle�to Ito cipht to theroetter eell or foreeloso tMe propeety or to puroue a0 eeaudty at the eeme l�,,:�.
<br /> - "t;h�'�•?••`•'• tirtrt►s a to pursu�the persond pmaerty efter tMe sde or toteatosuro of the Propo�ty. • '��
<br /> _ �. �,
<br /> ' , y �'� :��� 17. Upon payment of ail aums esoured by thie Truot Oeed,Londor ehotl roquest Ttuete�to�oconvoy tfa Property and ahWl surrander thio Trust Oood � �
<br /> _... � �nd MI notss svldenoinp tndebtadness secu�ed by thle Truat Deed to Trustee. Trustes sAall reoonvey tM Property without wenenty to tAe peroon or �
<br /> • • p�tsom ie�dty�nUded Mereto. Sunh peroon or paeons shNl poy dl ooste of recordation,if eny. �
<br /> —-- -�------— - --
<br /> " - ' 18. Lend�t.st LendePs opflon,mey from Bme to tlme romove Teuatee end eppolnt e auooessor teuatee to nny Trustee nppolnted herounder by on i .
<br /> - K� � Insuunt�nt reaord�d In Mn Coun tn wNoh thla Tru�t Qeed ia reoorded. Without oonve�snae of the Pro e
<br /> � � � �II dtle,powar�M dutlon oontert�ed upon ths Tnestes herein erd by applleable trw, p ��the sueaeasor truotee ehali nuooeed to
<br /> �� .. , . :. ! .,
<br /> •�R;`_,.•�__ . _ 18. Bxe�ptfor�rrynotices.damand�.roquesriorotheraommuNcodonsrequlrodundsrepplioeblelewtobepiveninenothsrmenner,wheneverlender, �
<br /> _ �_ ._-. , 8onower or Truttes dves ot serves eny aotloe(indudinp, without Ilmltadon, notios of defoult and notlae ot�afe),demanda,roquestt o�other �
<br /> - t. -: :. cam�untcatlon wkh ntp�ot to tM�Truit De�d,eaoA such nodoe,demsnd,request or oMe�oammunioatlo�ohall be fn wddnp end�hdl bs eNeotive ;
<br /> - . • • ' oNy H tM ss�r»it deNwrod by penonid eerviae or mafted by oerti(Ied mott,poetads prepald,retum�eoelpt raqueated.eddreased to tRa eddreae ee set I
<br /> ' fuKA�t tAe OspBuiinp of tM Trust Desd. A copy of eny eoUae ot default,eny notloe ot solo,requlrnd or permltted to be glven herounder,ehall be
<br /> • '� ': m W�d to��Cl/p�no�f who(��pariy heroto et Me eddress set forth et the bepinninp ot tfrb Truet Oeed. Any perty msy et eny time ohenQe its eddrec�
<br /> ,'r' "' � for ouob noUcsa by dtliwdnp or maUtnp to Me other pardes hereto,es etoresald,e notice of euch ohanQe. Any noUce hereunder eAalt be deemed to
<br /> � y Y�:�t • Arre to Wen piwn to eorrow�r or lender.wMn ptvsn in Mo menner dettpnated Asrein.
<br /> 'Y`•..,,:, .
<br /> " �'���•�. � 10. TM cov�n�M��td �NnsM�Aerein eont�inM thatl Dfnd,and tAs N Ate fureund�r tihell inure to tho�
<br /> i �,;'�R �- �p► p sapeoNve hein,ropro9ent�tivso,Quooeston
<br /> �nd�rsipns of tM patdes. All eovenant�and epr�etr�ents of tRo 8orrower slw�l be�oj�t end eoveral. Whensver rofennee le meds to the elnpulsr
<br /> - ,•;� ��'��' .. MrettM�t,it sMd includ�tM ptura�end tAe plurd sAdl inctu4e tho slnnuter.
<br /> .�:
<br />
|