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<br /> 91m14=1�JflQ D�EO OF 7RUST Pdpo 4 ." T=
<br /> ` ° -�vd��_.
<br /> �oen No 286 (Conil�ues!) ��q-� ���,��� ,. __=—
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<br /> liw holdor o}lho Nate;and (d)a cptxltic twc on nll or any porilon of tii�Indcbtcdncs� or on paymant�of pdnclpnl and Intcrc:,9 r�iad�by _ _
<br /> ' Trusiw. '„ ___.
<br /> •° Bubt�qu�nl Tpxe�. N�ny tex to which Ihis eoction epplies is onaotod subsoquenl to tho dats ol lhla Dood ot Trust,9hi�eveM ehaA hAVe Ino _
<br /> �pro�Ad�d belows nlasa Trusiwe1etlhe�ra(e)paya iha lax beto e 1 becomv�delnquent,or b)conlosts he tax a provtAad ebo�V�n�ha Taxos�6 d � �� -- -
<br /> " Ll�m aeHOn and�Nposib wilh I.nndx ctsh a p euY'�cient eorporafa aunty bond a olhw soaudty et�isl4ctory to Londor. .. I
<br /> S�CU;t1TY AC�A�FHFtdY;FIHANCINt3 9TATEMFRTB. The tollowlnd provislons roiatinp to Ihls Dood o}Trust ns o t3ecurlty uproumOrt o:a e pad o} _ „ '�,�
<br /> lhl�OMd of Trust. � '�"`
<br /> 8�curtry ApPe�m[ni. 7hls Irtstrument 5hail constllute o socurlty aqroemont in tho extent uny of the Property constilutes flxtures a ot6er .
<br /> personal prop�ty,�nd Lendw shall h�ve oll of lhe riphts oi a secured party under the Unfform Cammerclal Code as amonded from Ilmo to
<br /> time. � ,;,�
<br /> Securlty Inte�ast. Upon raquest by Lendor,Trustor shnll exocuie Ananclnp stnloments and tako whntevar othar action Is requ�tod by Lender �:
<br /> lo perlecl and cantinue Lend�s securlty Intoro3t in tho Fle�ts and Personnl Proparly. In dddition to racordinfl thls Desd of 7rust In Iho r0ni
<br /> '- �- p�uyrAy records,Lender mny,at any timo and wlihouf(urther authaiwtlon hom Trustw,fila ex�wutod couMerparts,coplos a reproducllpns oi ��'
<br /> .. � '*•._-
<br /> fhis Deed af Trust as a Ananciny sletement. Trustor shall rolmburse Lendor ta ail e�enses Incurted In perfoctinfl or conlinufnp lhls socudty ,�
<br /> Intoree►. Upon detault,Trustw sha9 a�sembfe lhe Persanai PropoAy ln�manner nnd at a place reasonabry convonlont to Trustor and Lender ws�
<br /> and rtuke ft ava(labte to Londer wlihln threa(3)days aHor racalpt of writton demand hom Lender. � .,. • .�'+�' •
<br /> Addresaas. The mNling nddressos ot Trusta(debtor)e�nd Lender(sucured parry), hom whlch Intormntlon concornlnp thp secu�lty Interest �� _
<br /> grantod by thls Dood of Truat may bo obtnlned(anch as requlred by the Unitorm Commorciul Codo),aro as slated on the fi�st page o}thts Deed
<br /> o�TruSL °'t ��
<br /> ..y..�,�`;.,
<br /> FUATHEii ASSURAHCES;ATTORNEY-IN-FACT. TNe followinp provislons re!ntirq to further assurances and atton.�n-fact aro a parf of Ihl� y,• ,.,��V:-
<br /> . QMdotTrust. • . `_�:_`_?_�'-""_'.
<br /> Fu►ther Assurarica�. N any time,und hom Ilme to tlme,upon request of Londar,Tn�sta wu1 make,execule and dellver,or will cause to be --�=
<br /> 7 ',,'"
<br /> made,executed or de�ivered,to Lend9r or to Lenders daslOncMe,end whon requested by L�nder,cause to be filed, rocarded. rafiled,or 4�'�-
<br /> e
<br /> rerecaded,as the Case meY be,at such times and In such oPoces and ptaces as Londer may cNrom appropdato,any ond nll such moApayes, „ ��
<br /> deeds of hust,security deed9,socutlry apreoments,flnAnclnp slntemonts,conlinuatlon atatement�,instruments of Nrther assurancn,Cedlflcales, ° ,._
<br /> and olhe�documenb es may,In Iha sde opinlon of Lendor,be necessary or deslrabte In ordor to eNaotuate,complete,pertect,conlinue,or � w.�.�r:•m•
<br /> preservo (a)lhe obllgetlons of Trustor undor tho Noto,tHls Deed of Trust,und Ihe Roiated Documents,und (b)the Cens and seaurity IntorosZs • •w• , .�._
<br /> created by lhis Deed of Trust on the Property,whethor now ownod or hereatter acqulred by Trustor. Unloss prohibltod by law or nyreed to tno „ ,y ,�,� �;�°
<br /> conhary by Lender In wrltlnQ,Trusior shall rolmburso Londar ta nll costs and e�ensos Incurred in connection wilh the mallers retertod to In . ����
<br /> thls perflyr6ph. , `-'�
<br /> .��,�
<br /> Attomey-In-Fecl. It Trustor fall�to do eny of fhe thlnps referred to In tho procodinp pa►aqrnph,Lender may do so for and U the neme o} '��;
<br /> � Trusta and at 7rustor's expense. For such purposes,Trustor horoby Urevocably appolnts Londer fls Trustor's attorney-IrrffiCt tor the purpose
<br /> • of rnakinp,execuHnp, deliverinp,filing,rxordinp,and dolnp ail other thlnps as may ba nacessary or desireblo,In Londei's sob apinton,to � � _
<br /> accomptish the maNera roferred to In the precodinq parapraph. , . � "
<br /> Fl�l.PEAFORMANCE. If TNStor peys Etll Ine InOeDtednoss when due, iermiriniirr ii'ro i���o'vC i.ro��,ar�Cth�t:s'^�.,.".p�sl.Mslt•°•s»'!h= 9bL�oe��•^•` — '-- ' -
<br /> Imposed upon Trusta under this Deed ot Trust,Lencter shall execule and dollvor to Trustee n roquesl for tull reconvoyance and shall oxecuto nnd �'"��
<br /> dollv3r to Trustor suitabb stalemc+nts ot terminatlon of any tinancinp stntement on fito evldencing Lender's security Inlare5t In Ihe Rents oad lhe �� , *
<br /> Pereonal Properly. Any reCOnveyance foe requlred by law shail be pnld by Trustor,if permitted by epplicnble law. r '+
<br /> DEFAUI.T. Each ot the fo8owinq,al lhe optian oi Lendor,shnll conslitute an evont ot dofautt('Evont of Dofauit")under thls Deed of Trust: � ..
<br /> �
<br /> Detault On IndebtednCal. Fallure of Trustor to mnke any payment whon duo on tho Indobtedness. �" �-
<br /> Deteult on Other Payments. Fallure of T�ustnr withln the lime requlrad by thls Desd of Trust to make any payment tor texes or Insurance,or ; , ��'�'
<br /> any olher payment necessary to prevont Biing of or to oHoct dlscharpe o�any Ilen. '
<br /> Campiisnce Defauil. Falluro to compry wlth eny othor term,obllpallon,covanant a condiUOn contalned In lhls Deed of Trust,lho Note or in I , ,a�; _
<br /> any of the Relatod Oxumanh. If 6uch fl fallure Is curnble and if Trusta has not be9n pivon a noUce of a breBCh o(lhe same provislan ol thls ,,
<br /> Doed o}Trust withln tho pracoding fwoNa(12)months,II mey bo curod(and no Evont of Default will heve nccurtad)ff Yrustor,nfter Londer � 'f
<br /> 5onds writlen notke demandinp curo of such taliuro: (a)cures the falture within fiHec�n(16)days;or (b)If the cure toquiros more thnn(itleen ; ,
<br /> (16)days,Immodiat�lyl Initiates stops sutHclont to curo tho failure nnd thereaHOr continuos ��d compietes all reasonable and noce��ery steps � , �,,� _
<br /> sutHclent fo praduce compNance as soon as reosonebly practkal. � , `"�'� -
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<br /> FWee 3taSements. Any wangnty,ropresentnHOn or Etptortant mude a lurnished to Lendar by or on behalf of Trustor under ihis Dood of Trust,
<br /> lhe NOto or tho Releted DoCUmenls Is false or misle8tling in any materiul respeCi,eilhw now or at tFw time morls or furnlshod.
<br /> Daath or Insotvency. The doath of Trusta,fhe InSONency of Trustor,ihe flppolntmenl of a recolver for any part of Trustors proporty,uny � �.4
<br /> assipnment fa the be�sefil of croditors,any typo of Crodita workout,or iha commoncoment ot nny proceoding undor nny bunkruptcy or � • , ��, -
<br /> Insotvenay laws by a nqnlnst T�uslor. �
<br /> ForeCbsuro,Fortelture,etc. Commencornunt of foroclosuro or foAelture proCOedings,vihothcr by Judicinl proCeedinp,seif-help,ropos5ossion � ( '.�
<br /> � a any other mothod,by any crodilor of Truslor or by nny 4ovarnmon4ei ngancy ngalnst uny ol the Proporty. However,lhls subsoclion shail not � ti
<br /> cppty In the event of a pood fnith dlspule by Trustor as lo tho valldity a reasonctbloness ot Iho clnim whlch is the basls ol the foroClosuro or `�� ,.
<br /> foretelture proCaediny,pravidod Ihat Trustor plvps Londor wrillon noflCe ot such Clnim and lurnlshes reserves or a surety bond tor tho Clalm �"'� 4 x
<br /> catistactory to Londor. '
<br /> B�eBCh of Other Apreement. Any bronch by Trustor undor tho terms of nny othor egrooment bohvoan Truslor and Lendor thai Is nof romodiod
<br /> withln any prsCe palod provldod thoroln,Inciurtlnp wlthout Iimllntlon any aqroomant conceming any indobipdnoss or other obUyflli�n of Trustor
<br /> to Londer,whatha oxlstlny now or Inter. +�
<br /> Evettt�Affes�lnp Siuerento�. Any of tho proCOdinp evonts oCCUrs with rospect to eny�uurantor ot any of Ihe Indobtodness or such Ouarnntor �
<br /> dlos a becomos Incompotont. Londor,at It�optlon,mny,but shuu not Go roqulred to,p8rmit iho CivarnntoPs ostato to nssumo unconditlonnlly
<br /> Ihe obliqetions orislnp undc�r Iho punranty In o mannor sntisfnctory ta Londer,and,In doing so,cura the Evont of Dofnult.
<br /> Inxcuriry. Londor In paod lailh dot�ms Itsolt Insocuro. �
<br /> ' Dclatiny Indebtedneaa. A doinull chnll occur undor nny Existing Indoblodness or undor uny Instrument on the Proporty secu�lnfl any Existlnfl
<br /> Indebtednoss,or Commoncoment of dny suH or olhar nCtlon to loroclosu any o�dstlnp Iion on lho Propa�ly. .
<br /> RIGHI'S AHD REMHDIES aN DEFAUL7. Upon tho occurro�co of nny Evont of Defriull nnd nt nny timo Ihoreailor.Trust�or Londar,at Ils opllon,
<br /> may�ercise any one or more of the(o�owinp rlghts and romodlos,In additlon to any othor riphts a remodlps proNded by Iaw: "
<br /> Accaleration upon Detaulh.Addltlond Remedh�. II nny ovont ot dafnult occur�whlch I5 not curod vrithln filtaon(t6)days atlor notico,ns par .f'
<br /> the torms oi tho Nota secured heroby.Lunder may d�cturo Ni Indobtodnoss sscurod by this Oaed of Trusf to b4 due and pnyuble und Ihe snmo
<br /> ' shatl thoreupon become due end pnynblo wilhout any presontmant,dc�mnnd,protost ar notic�e of any kln�. Thoroalter,Lander mny: `
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<br /> ..�.� �_...��-�-- --._��_� ••.... .,,w.,e.enclun.nnnnlntnrf hv a r.nurt nnd wllhoul �
<br /> (8) crtner m peindn bi��fiyoi�S,mm v:onnw�u�uyury mq ov..v.• p.vwo.....r. .. ..��.��.._..T�.'_''_' _ '. . '
<br /> ropard 4o tho adaquany of Its cocurlry,entor upon nnd take possosslun of the Proporty,or any part thoroof,ln Il�o�4ri namo or In Iha nnmo �
<br /> of Trustoe,nnd do enY acts whlch II deems necessnry or desimbb to Wrosorvo the vnluo,mmkotabllity or renlabllity ol lho Proparty,or pa�l ,
<br /> � of lta Property or Interest In Iho Proporty;lncroaso the lncome hom the Propcxry or protoct th�socurity of tho Proporty;nnd,wlth or wllhout
<br /> ' lakl�possesslon ot the Ptoperty,eue la or othonvlse Colloct the ronts,I.,suos nnd prefits of tho Proporty,Includlnp Ihoso pasl duo nnd
<br /> 1 unpa d,artd nppry fhe same,less costs and expensos of oporet►on and collecllon,Includl�g attornoy5'(aos,to nny Indobtodncrss socurad
<br /> by thls Dosd of Trust,all In such order as Lond�r mny datorminv. Tho onloriag upon nnd laking possosslon o}tho Proporiy,tho collectton
<br /> of SuCh rons,Issuss and profits.and tho appllcatlon thoroof ehull not curo or wnlvo any dotnult o�nottco of dofnult undar thls Doad ot Trusl
<br /> , or Inval4fnto eny ect dorA In rosponso to such dolaull or pursunnt to such nollco of dolaulh,and,notwlthstanding tho conllnunnco In
<br /> posst�,lon of lhe Propnriy or Iho CoCOCtion,rocolpl nnd appllcallon o1 ronls. Issuos or profits,Trusloo or Londor shull bo ontlltod ta
<br /> � oxorclse evory�ighl proHdad lor In Iho Noto or Iho Ralatod Documonts ot by law upon Iho occurconco of uny evonl of dofnull,Includlnp tha
<br /> , rl�ht to oxerclso lhe powor of snto;
<br /> � (b) Commonce fln nctlon lo foroclosa Ihls Dood of Trusl as n mortgnyo,nppalnt n rocolvor or spoclfiC,zlly onforco any ol Iho covonaMs '
<br /> „ horooh,and
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