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<br /> -- 0.1 ou�s 1lavancee to E+soteat beaus!!y. eensEioiasy �+�y aGvance eu¢b �u�� �
<br /> � � Senellalary, 1n lt'e eole Alectetion, deeaa seaeonsble ta V=oteaC Lhe �oauclty. _
<br /> 9uu•adv+�nc.a co ptot�at the s�custly vheths: ap�ci!laaliy eeuwerated �s such
<br /> ;- _— - he�sein os teeeonable conetrued to be ao advsaoed ehali heaowe !he obif.g�tlon o!
<br /> j th� Tsu�tor. '�h� pe�ee� ot eacb euae togekher vith tha inleseat thd:eon ahali
<br /> •, be eaeuced by tbla OeeA o! Tcuet. �he lnteteet c�te !or sune advanced to
<br /> pse►teat tho eecusity ehsll be e�t 16i per annu� o: the Aigheet =ete allovea by
<br /> • ��'�?°'� l�v tsow tihe a�ke eueh su�e vere palA by eenetielasy. �
<br /> �
<br /> '��, �i�� 9. Re�eales Not I�xaluelve. The re�e0fes psavided !n thle Agreewent ehall
<br /> ''tSY.;''r, `•:'""`��'� ugon the doYault of ti�e T:usto: the Fsa�at;.claFy ztay aa�: �—_
<br /> ,,�,�j�r�- not be exalusiva.
<br /> •� �r;,,�;�,,.,;� 1,. Yellef by any legol os equitable aeens. xhe Benel�ciezy aay seek Ea enlosce tha •
<br /> ���:f��r a:,ti�•,�,,, agreeaenEe hece aada in eucb osdea ana nannet ea eeoellc��ry seee tlt. No
<br /> .� �'�•���� .� te�ndy !e intendnd to be excluaive buti eacb ehail be eumulative. Bvesy povaa ot
<br /> � '"';{b1'��'r�'�Lt?;�'�', �emedy undet tshe Deed oE ?cust to �ha Tsuetee os Bensflciery os to vhleh e1�R�ca
<br /> •r -�• ' •�, ,• . o! tifiew aay othesvLae be entille8 by lav �eay bo oxosa�ae�9 �onoucsentily or
<br /> �'`' 1n8epehQentiy aa oEten ea doexed neceeeary by Che T�uatSe os the Be�e!lclary os
<br /> �,,,.��`, eithet of the� eted eithe: of tihew sey pureue ioconeiateat ce�eElea. The • —
<br /> , _,�.�,.�;,' Sena�ieiesy or ?saetee say psoceoa to pucaue a de�icieocy �uAg�eat againet the
<br /> '•'::":.•.*:":'tr:�AE Tzustoz !o the extent auch action !e pes�ittad by lar. , °
<br /> �. ��i , r• �• , 10. Tta�ales o! the psopettyj 11aeu�ptllan. No patt oR the Q�opecty oc --
<br /> '��'r"7':'• ���� "''�'� inteteet theseln wny be aold vlthin 15 yeace of the aete oE the deed,
<br /> �.f�.°.' , ::,
<br /> :�.. ,� ' ' tranefecred ot othe=viee conveyel! by Ttuetos, unlesa fuli gay�en� la ►aade upon �,,�yv,
<br /> rr,�,:;. .�•,,::.; •.:. note ancured by thla Deed of s=uet, excludinq te1 tAe creetlon o! e lien os
<br /> �`"'''�� � ` �' encu�brance eubosdieale to thie Deed vi TsusE= os tb) e tranelec by devlae, --
<br /> � � deaaent ox by ope=etion of lev opon the 8eath oE the Tcus�to:i auch action fe a =_
<br /> �;' .��'�`:`�� �.• �� ., b=eech o£ thie agcee�ent, and Beneticiary n�ay, at Beneflala:Y`s oDtlon dealase
<br /> �r _,; ' .� � all eawn aecuted bY thie Dned ot ?sue! to be lwnedieCely due andl payabl.e. os
<br /> ' cauae the ?ruelee to Eile a noline oE deEault.
<br /> 11. Boshea=enee by BeneEieiesy an� Malvec. Any totbeacanae by eeneficiasy to ���
<br /> � . �� � Ttuatee, TsusEos os anyone, !n execclaing ary sight or re�edy hereuader, or =-
<br /> o�hesviee afio=deA by applicable lav, eball ndC be e vaives ot or �=eclude the �
<br /> axesriee oE any auch tight or ceaedy hereundec. Llkevise, the vaive: by
<br /> - eseao�iciesy to �suat4e of any de£eulE o� ie:�atr,F undez this CaeB a� Tzuat alta::
<br /> � " ttot be dee�ed to be a vaives or any othes ose�l�llar deEaulta aubsequenxly �
<br /> occurrfng. No vaives ahall be constrve8 against �he eeneficiacy unles6 such _�
<br /> valvec ehall be exptees and 1� vsitinq algRed by the Benefleiacy. wr:�
<br /> , � , � ,, 12. Benefiaiaty'a Povern. The SeneEici�ry will cause to be released, Ciee �i;-
<br /> , . eatlte aeonnt aecuced by this Deea o£ Tcust, afler tho y� yea: term haa axptced, �"•4
<br /> �'�.' beqinnin from tho date of the bQOd, p=ovlded all other terms and condiGfons of �'��'
<br /> ....,:.; .
<br /> �`���`'` '� thia DeeA have been EulEilied. Bene�ticlarY nay, !n lts sole discretion tl) ' �"
<br /> `,, ` ,_�
<br /> ,� , , lnapect the pse�riaea at any reasonable tine (!!f require such ad6itiona�
<br /> eecuKity as aay be rQaaodable= anA tlii) subatitute the Tzustee heaain viLh any
<br /> . . ., pe=son, entlty, o: cotporation quali�ied so to act. The atEorneyo of the
<br /> " Beeeficiasy or one of Lhee �nay nov or eubaequentiy be deaignated the Tcustee :
<br /> „ he:e�n and aay perforn� for the Beneficls=y dutieg as counael and Trustee. All
<br /> • Trustors shall be �olntly and asvecally obtigated and bound by the actions of
<br /> � " the Beneiiclasy or the T:uatot a6 hetela staked. •
<br /> 1]. Attoreey's iees, Costs, a�d ExQenees. Trustoc aqzees ko pay eli fees,
<br /> " , • ooate, and expenees lncluQing attorney'e fee expenQed by the eeneficiaty oz the
<br /> ,;" 7cualee to eollect any sues �ue hereunder or enforce thie agreement. Such au�na
<br /> 's�� ^ � ahall be deemed an advancenent to protect the aecurity vhen paid b the
<br /> f''�'"` BeneEiciazy. Provlded furthec, howevec, that this saction does no� apply to the
<br /> ..;�i���.,.1 . "
<br /> �r�.F,.� . Trustee fee teE�ssed to !o parags�ph 8.1.B.
<br /> i�. Reaonveyance by Tcuatee. Upor� written cegueat of the BeneEiciary s�ating
<br /> that all conditiona of tAie note have been eet, and upon su:rendec of this Deed
<br /> • of TrusL and tAe notea to the Tcuatee for cencelletion ancl ceteation a�d upon
<br /> _ .�'�,.;. -. payaent by the Truator ot the Trnstiee's iees the Trustee shall ceronvey to the
<br /> .t� y Trnetos, or tAe pe:son oc peroona legaily en�itled thereEo, vithout varcanty.
<br /> � •� � �.. any portlon of the property then held heseundcsz. The =ecitals and such
<br /> � ;�• '..,� � roconveyance oE any �eattere oc faets shall be conclasive psoof of the �
<br /> •� ,�;�;, . .:• :,��:•,>•, EttethEulnese thexeof. The Orentee i� any �ceconveyance may be deeczibed ae "the
<br /> u`. �� �,,;�i��;�;;�,' pataon or peraone legaily entitied thereto."
<br /> ` ;�� 18. Hoticea.
<br /> :i',.,,, ' ' iS.l Nolice as =equised by the NeAcaaka Truet Doede 1►ct shall be given.
<br /> •',�;:.'� � . � Except ae psovlded hesein and vharever pesmfaslble by lav ?suatora valve notice. �
<br /> � Notice nay be aeat to the per!!ee et their eddsess ae lieted !e thls egseeaent
<br /> ,�I ' �d� oc ae olhetviae changed. All noticea requ ited herein sha11 be !n rrfting. Any
<br /> =• ��<!;`fy7'fl;,;��r� ' e�DLYng !o thenothesepa�c!!ee heretoaaaenoE 9ce ofcsuch�changey aAny notice
<br /> � .����;�b" heacanAec ehail be Aeewad tio have been given vhen plaaed vithln the V.s. lfails,
<br /> �-; .;, �� po�Eage prepaid, addreaaed to the addteae o! the party as listed hereln ot eg
<br /> ptoperly change8.
<br /> z . .. • iS.2 TrueEor, eeneficiary, an6 Truetee requeot Lhat a coBy of any notice
<br /> ; pcovlded heceundes, provide8 acco=ding bo �ppli�abie lev �c pcovlded by the �
<br /> „ teraa oi a�►y other aecurity ngzeeaen! coveaing the aecurity hetein, be mailed tn �
<br /> ' tihees at the au�xeae crovidea above. �__
<br /> ' -•– 36. Mioeellaneoue.
<br /> � • •• 16.1 Thls Dned ot Tsns! ahall be governed by the lavs o! the 8late of �
<br />_ Nearaeka. 4
<br /> 16.4 This DeeA oP Tsust and ail terme, oot�a�t�ong sna obligallona he:ein, I
<br /> j , • � apply to anQ lnure Lo the beneEit of and binae ail partiea herato, 4heis heite,
<br /> � 8evieeae, pe:aonal repreoentalivea, enceesaors ned onsignu. Tbe tesm
<br /> "Beneficiary" ehall rean the ovner and holder of the notes, vhethet or not naneA
<br /> " � ., ee a beneEiciesy herei�. G
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