|
r ta.h�.i .y�. � ..;�i5'.. � .. �• ,. ' , ::�4MY�II�41,�y� ... : �'`., '
<br /> ..j �� '1' .. O � '.r.�..z.N•�R7u!'s!i �. � .
<br /> ''C`� Isl� , .i�.� , - � .. _�� �` �'JSat['"'.,�'.
<br /> � . �' �(� _
<br /> . �' � i�iU` f�Y.1S �_
<br /> ' Gj�/�o�r���
<br /> . p�.,�,�,.�� DEED OF TRUST P��
<br /> I.o�n No 1� (��d)
<br /> ,., , ,, , . ����.�
<br /> cWnturrr�cMur.and wiM a shndud m�ckua In bva oi l�cnd�r�topNMr wNh sucA oth�r h�urd tnd Y�DWry irqu�nos e L�rtd� " .
<br /> ., meb naux�abA►�� PoNOIn�hW b�wiitNn In form�aela+r�b�cown@�a and ba�r r�ornbry mcaPL�t�to LM�da and iatt»d Dp�
<br /> •'�`�.'..%�. `�-";�Y eomp�n!►a coKpaNM n�oi�bFJ aoe�PLbN b Lrnder. TYUMta.upo�nqtxN d L��dr.wM ddlwt to t�id�►Uweo W►»b tYn�Ih�P�
<br /> . ,'�:•'''.:.�: � :.. �oMWfcaM�ol irnunra�M tam salisi�tory to L�r►��UoWdkg WPWtlon�M�f ca�rpM wIN nof W c��w�Md a dlmkWh�d wNhoul nt
<br /> �';,::,,�''...�':.�.. kNt Mn(10?d��'P�►writMn nauo�to L�nd�r. �cb Inwraea P�Y�iw tlWl kat�eM+tn mdo�sert�nf�dUp thtl cev�rp�In kva af
<br /> �' � L�nda wIM not b�Nnp�krd in any way by ury�cf.ornhNore a dM�Ut d tiruMor a an�r Wha Should th�f WI Propnry�1 u�f►M�
<br /> :�; ..' b�co�t�IoCaMd in�n ana d�lgnti�d by tM DY�cta of Ihe F�al Em�tpMiay NNropwn�nt��as a�p�,�wood�ward�►M�TiuNOt
<br /> � .r- " ' ... q�M b ObWH itld f'wit�t�it)Fo(lit�ii FIoOd IniYtGtsC�1�i fit5 G�:+1� G�G71fi:1(7�3�tC.7 b rCQltiCd by L!'rttR`r BRd F�tN blsGO�IM�evlMebih to►1►M '..�.+..;,.r�
<br /> �..;: ;, . .. :� ,� Mrm d 11�lo�n aod tor ih�fu1 unpsid Pdnc�l bWno�d ifM tosn�or 1f�m�tdmuno N�N d ca�aps M�at R e�.wNChNrult NM�
<br /> " Ap�e�Mon of/roCNd�. Tnsta thdl P��DrI► L�nd�t d an�►bM ot dtrro�g�to Ih�Ptap�ly. LM�dw ma mak�Drocf a1�as N T�tor R:.`j"�
<br /> „ M�I��o ao so ww,in an�,t�a�a.ri a en.aawuy".°�ih.�n..r o��,o���a.��.au���mo•r.a.�m.y,at�a.iw�a►��.oww.�,e owin
<br /> ` � j� n,.aoo�.d�a arn►�urana a�,a.vv�►n,.aoo«a.a m.naucron aan a+e�+wr�s.ar�t d un w�.n.cww m. ap�A�r.«�n• �`��."�'�: ,;;
<br /> �� . nttaation and np�k a tM PrcOKh►. �f 1.���Ncb!o�pply th�prooMds to rosianuon and npatr 7tust«sh�ll npalr a nPta�1� .,,���., . .
<br /> , QL}�l�Q p/���JI'IpfC11�11Mtll�Itl e Ifllf111M fi�i�01y�0 LMIdM. �.�fl�f i�IQfM�Y�Of�I�f00�0�{{ICFI�Ufi��y a , ��`��nat+•.•y���-:�+•
<br /> �NmbtNt�T n�i o r h o m t f�p r o a M d s for l h�r w s a w b t�c a t d�p�tr a r n�t a r a t t o n M 7 n+�t o r R n o t I n d M a u l t u n d K t h f�O N d W T�t. A n�► ...•;•�v��:����-
<br /> ' N�noNpt and wt�eA��nd�has eot commitbd to tt�r�k a r�Saatior►d . ` `",'.
<br /> , . prooMtll which haw nof bNn dbbursrd wHNn 180 twys afb�r . . "`., .,�.
<br /> .. ,. � !h�Prop�Ay shY b�uad 1M to pey�tny amouM owk�p to Lw�urW�t fhla f�d d T�ud.Ma�to pay aocn�d kiNcNt�end tl�nrtWnd�r.if � �tt N.4j`f J�..•.
<br /> at11r p�ym�nt in hll of th�Ind�bi�dnnit.wcA :'t`',�-�'r��r;}`�:'. :
<br /> � • �nf►�sIW E�app0�d to NN pdneipd ba4noa of ths Indsbt�dnsa. tf L�ndlr holds�nY A►oo�th. n i:°.,:�"�, . ". .
<br /> . prooMds sheN M W�d to Ttustor�s Tiustor'11nt�b maY aPP��• :, :�
<br /> O�Tiust a�t�trtnbsb eate a oth�aaN hMd und�r th���provhioi�s W�d o!7n�st.a�at ury taaobsun aN ot�w�•1+Prap�h y� ,:4:r�.;.,
<br /> , t�r in. i�
<br /> ` CanpWma wQA OdWnyl Indsbtedne�. OiMnp th�pMiad in w1Acb arry F.�finp.IndQbNdmas dos�aib�d bNow b tn NNaI.compYr�d u�h � � • .
<br /> S . � ' tM t�nurnnoa Provlsto^a�ined in the tnstrument ovidmdnp such�sUnO inrMbt�dnsss shal corulitub comPlkna with th�intuKn:� �,� " :;�,:
<br /> es ---.—�—
<br /> � prwisio�ureda fi�is DeM1 of Tiusi.lo tNe e�dent compAano�with th�i�tms af this Dwd ot Ttust woula COnsUIUN a du�i tion at insut�utGi .:.. . _ f .
<br /> .. ^ • hqutnnrnt It any proc�ab f�om tlw Insunnos Maome PsYabM on�os�.iP�prautsia�s Fn lt+b DMd of Tnrsi fa dvlsbn�of aoards s1aM ,,,;;
<br /> aaa+r�h►eo tnav�+a m.�«��wyae�to tn�nad.►a�s�u�i�s�a�. ,r'��:�, .
<br /> • �fPENOt'fl�iEB B1t I.EIWEA. tf Tnrsta taNS to compry wlth any provista�M Ihfs W�d ot Tiust.indudinp arry obYpaUOn to mvntain F.�dstlrg .. .:.,.�..
<br /> ��'� Ind�dnas in Oood shndinA is rs4utred babw�a H any actlon aproo�edInp b aommmced thtt would mate�i�b at�L�ndM'��►�sb in th� .,��,.
<br /> Prop�A►�Lendw on Trustorb b�h�M maY�bu!sheM not bs roquked o.t ttke ury�atlon that Lender deems eDproPrtat�. My art�amt thd i.sndu . .::,1
<br /> � a�fn eo da8rp wiM bw Interes!at ths rets charped under!he Note irom dr da0►incurre�orp�td by Lendar to th�dat� of repaym�nt by :: ��.,�
<br /> • , Tnutor. AM such s�nsaa,at Lender's aptton,wiM(e)be pay�bb on demend.(b)be�Caed fo th�balana o!tho Nots and b�appartlawd amonD • .
<br /> and bt paY�bts wiM any ira�tlm�nt piYmems to becoern due du�ia0 aHher p)the te�m d a�y tp Ibable insurana po11CY a (�)1!w rara�drg Mrm , ,�n .
<br /> � d Ih�Not�.a (o)b�ta�t�d as a battoon paYmeM whbh wt1 b�dus and pay�bb at the N�'e rtntiMty. This De1d d Tnist�Iso vdi s�» �: '- ,�, -
<br /> .. , �aoCOU ofrd ttN dslat�Myauch sctlon by L.endar�ahaYA a a construed aa eurtrW tbe de�hutt eo as to b�d K U a n u ry ro m�d 1►d�t �, }',���
<br /> ,,,
<br /> It otherwiss wouid f�vs had. ,
<br /> — — CiAiiRAfii7;O�fi'�.1..°�'lRiB. TA3!aSla".�ksp pc0`t�tosss ts�s�np!e artnas�D ot tRw Pte�My�uo w gaA ot fhis Desd ot TnnL �' j''
<br /> tk r
<br /> . 71M�. Tnrstor w�rnn4s that (a)Tnistor hdds pood end markeLble tltle of recaM to the Properfy in tee atmpl�.inB and CIeYr Of at Iprp aMl ` , ' . ,
<br /> „ , M�cum4ranoes ottNr than those set torth in the Reat Propery descrip�on a in ths Edsdrq Indebtednes3 soctlon bdow ar tn any�tb Insutno� •_.. -
<br /> poYaY.tl1M�ePa4 or An�1 tlik oPiNon issuad in tsvor o}.and acoePted bY.Lender fn connecrian with this Oeed of Tn�s►�and (b)Tnrstar tua ths .',t;:,'... „ `�' •
<br /> " tul riphl.Powe►�and a�ttiorily to execute and deNMer this Deed ot Tn�st to Lende►. � �',;,`:�.;, .'
<br /> 'n'.::r , :?
<br /> .� oa�anw ot Tttb. suel�ro tne axoop�on in�ne parepraan above.Tntttor wn.ams.nd wp�torever derena tha t�a.eo th�Propwtf►w t t r�t t� „ �. : ,.'�:i
<br /> 4w(�cWms d u pwsom. In the eveM a�+actlon a P��eedirq b commenoed that questtoro Tn�sta's tlUe a the interest ot l r u s t M 0► , • . . •:i
<br /> La�unde►tl►is OMd ot Tnist.Trustor shalt def8ed t1�e actlon�t TNStors eapar�ss.Tnuta msy be!he nominal ptAY M euoh prooe�dln0,bN � ;
<br /> tand�r etW Es�MNNd to P�Pate in the proceedinp and to bs roprossmsd In ths prooesdin0 by eounsel ot L�rtd�'a own ehok��Rnd I . ..,r,l',��`
<br /> . . � T��!d..�nx.ar esu�to be deu+rered.to Lender auch insbumen b ea l�mey�eq�s!l r o m tlre�!o tl n�t o p�n!!�t x t�p�Uon. .. j��
<br /> COtnpUena Wlfh LMNa. Ynista wartaMs that the Ptoperty and Trusla'e u5e al the Rrope�ty compUes with UI oodstlnm �ppHdbla I�ws. .:�,:�� ,�
<br /> ordinanoes,and rep�Uo�of pouemmeMal authwHies. � ,
<br /> '' EX18TlNG INDFSTEDNE88. The fodowing provlsion.s conoerNnO exlstlrp indebted�ess(the'F�dstlnp Indebtedness9 ere e Ps*t af 4hb Qeed of .. .�°'J•
<br /> TtusR . . .
<br /> ., , E�d�inp LNn. Th�Y�n of this Deed o}Trust securing Ihe Indebtedness may be secondarY 4nd IMerlor to en eodsUrW Uen. Twstor�� , .i� ,,
<br /> eavsnanb nrtd oyrws to paY�or see to tbe peymem of,the E�dsUnp Indebtedness and to prevartt any defautt on such Imkbtedness.any
<br /> '•;;�,y• u n�x t h e i n s tr umen b e v i d e n d n p s u a h I n d e b t a 0 n e s�,o r a r ry d e t a u t t u n d e r a n y s e o u r l l y d o c u m e n t s f o r s u c h i n d e b t o d n e s s.
<br /> ,. . D�aulf. M ths payn»nt o!am►trotepmeM of pdncipa�or�eny tnterest oa tho E�dstlnp Indebtednass ts not made wilhin the Un�e roqulrod by the
<br /> U e
<br /> noy evldendnp such Indebtedness.or ahoutd a deteutt oocur undor the Ir�ttr�cmeM seourtnp such tndebtedness and not bs aaed durtnp arry .
<br /> , �pplir�bis�puiod Merein,then,et th�optlon o!Lender,ths�ndeb�dness a�ured by this Oeed ot Tnnt shrll becorn0 imrt�edlatey due
<br /> . and payabb.and ttib Wed ot Tnst shali be d�deiault. . ,1.,.
<br /> � .•'`:�� Np Mpdillc�tbn. Tnnta ehe0 not enter Into any 8preemeM wtth the hoider o}8rry matpape,deod ot Wst.a ottwr securliy aSireerrwnt which '
<br /> '.t hss piaity owr this Dpd of Tnut by whtah that 8preemer�t is modllled.amended,extended.or renewed wNhout the pdor wdllen co�nt ot i .. ,
<br /> , ` tandw Trustor shtr neither request�a aaoept any tuture advar�ces under eny such secudly ayreement wuhout the Wior wrAlan oo�M of �
<br /> . , ., tander. I
<br /> COI�ID�MNATIQl�I. Ths fWtow{ng proNsfons relatlnp to cond0mnaflon prooeedinps are a put of thb Qeed ot Trust.
<br /> Appiicatton of Net Pto�ecUi. If all or any part of the Propertr is condemned by emins�doma�n proceedinps or by aay prooeed�rp or
<br /> purchasa in lieu of coridemnario�,Lender mey at tb electlon�equire thet eu ar any portlon ot the net prooeeds oi Ihe award be appWd to the
<br /> ' � Indobt�dr�a tM rep�lr ar resloratlon ot the proparty. The net proceeda ot the award shall mean the eward after paymen4�W reosonable ,
<br /> . � , cosb,eoq�ar�es,and atMmeys'toes incurced by Trttstee a Lender In connection wilh the condemneUon. � ,
<br /> pra�Elnp3. M any proocadirsp In condsmnaflon b Rted,T�ustor shaN promptty nody Lender In w�t(np,nnd Tru9tor shall prompfly Iake such � -
<br /> . � steps as m�y be neoesssry to datend the actlon and obtein tho award. Trusior may be Ih0 nominal paAy In suoh proceedinp.but LenCer ahali ,
<br /> b�onUtlod to ptrfbip4ts in the procaedUg and to be represented in the proceadnp by courisel ot Its own ohoice,and TYt�.sta wiU deliver or
<br /> ° qtuse to be deNrered to Lender sueh Inshuments aa msy be requested by it trom tlme to Ume to permN sueA parltdpatlon.
<br /> s ' IMPOSITtON OR TAXEB�FEEB AND CHAAOES BY tiOV�iiN1AENTAL Att�ti0liiTtEB. 1Te to�lowlnp Proviglons re�s8ng to povemmentnl texoa, ' '
<br /> fees and chtrpss�n a p�rt d thb Ceed of Tn� �
<br /> ' CuRant Taxes�Fau and t�tarpes. Upon request by Lertder.Tn�stor ahtl!ezeaute suoh dooumenta in addltlon to thfa Oeed otTn�st and feke I
<br /> • whttsve�other acNon b reqteested by�ender to perfeat and conttnue Landera Ilen on tM Reei ProperM 7rustor shail relmbwse Lender br aV .
<br /> f . taxos.as da�'.,txibed b�low:topether w8h•aA a�enses Incurred!n roaording. Perloatinp or aondnai�thtn Qc�sd of Tn�st� tndudinp wqhout
<br /> n,.�u.uM an�arna.t..a.d�,nsan�arv slama�.and other charoes tc�reootdinn or reobteAno this Ooed of Trusf.
<br /> z T�7t�a. The foNOwing OhiiU Constltute texes k whkh this SeeBon applle9: (e)a 8pedflC tex uPot1 thts h�Pe ot Deed ot Trust ot�POn eU or any . .
<br /> �pymeMS�the debtedness saaured by thls type of Oe d�of Tn�s1: (o�n Wc on 1NS type ot Oeed ot Tnrst aharpeable agatrnt the Isnder ar
<br /> eed
<br /> � tha hold�of fhs Note;and (d)a spedNa lex on aH a nmr paMon ot the Indebtedness a on payrt►ents at pdndpat and t�t made by
<br /> . Tnistor.
<br /> �*� 8ub�q tNnt Troca. tf any tex to whtch this secUa�
<br /> _ �� app8es is enaoted subsequem to the d&te of this Oeed of Tn�st,thb event sltsil have the
<br /> qm��tect as�n Eaat ot Oetaull(as deflned below).�nd Lendar may eocercias am a W of Its available romedies for en Evenf ot Detauit as
<br /> provlded below uNess ilwti�eilher (a)Pays tAe ta�c betae it becomes deltnque�,a (b)contests the tax as proNde4 above b the Ta�s and
<br /> de
<br /> Llero esaUon and deposita wHh lender eash or a sutNdoM capaate suroifr bortd a other seeudty saNS[actory to lender.
<br /> °° _, 8Eq�i1TY AGREEMaiT=FlNANCINti BTATEMENTS.The loltowlnp provlsfons relaUrp to tMs Oeed ot Tn�st as a security epreement ere a pert of
<br /> . this Oeed ot Tnist.
<br /> . g�q�ri�A�rpm�n�. 7f��n�trume�shaA eonsutute a secaity e�rs�msM to tlp e�Aent any ot the Property consutut�s�etures or other
<br /> � ° p�spn�l property,arb Lender shap have W of the riphls ot a secured parly under the U�tam Commerc�l CoOe as amended hom tlme to
<br /> w_. .
<br />
|