|
� .. .. ..N.
<br /> . � :.,�„� ' . „ „ ' �
<br /> .
<br /> �� •
<br /> �.� . . „ . . . „ , :_.
<br /> ..,
<br /> . .
<br /> . _
<br /> . . .. -
<br />- .. ., . -:�,. � _ ..�.,..
<br /> �-- ••--� -�--�----: . . ._______._..__........ . _ ... .. -- �—�-- -
<br />_,_, . ._,,,,, ,.,�,,..�.. _-:�_ . �--- -------.---�- ----_ � � -
<br /> _._.��_._-:--�.��. .__..._...—.�.___----� .. __.
<br /> -----p:;.:;;, _. - "=_
<br /> , --:1E..s-
<br /> .. . 99=�;�9��� C��C� O� 'T9�l��� �u�o 4 ,
<br /> . l.�t�s��10�aG�9 � `. ''� � (�ntl�ao�1) n .
<br /> �o'��°=��.Q��,�l�n�7 - - —---° - _- ____— ._—
<br /> �_.-------L_..____._ _•. .__-
<br /> 'IntoNSt. Upon dofault,Trusmr ohall ct„somblo th�Pcrconal Proporry In t�mnnncr nnd nt a plcca roc=onably convoNont ro Truator and Londcr ; i
<br /> e,nd matco It avNte6lo to Londer v�ilhin threo(3)dnya aftor racolpt of vmtton damnnd irom Lander. �;�
<br /> � Adck+es�a. 7tio malling addros:,�s o}TruMOr(dobtor) nnd Lendor(cocurod perty),trom which IniormnUon concorning t��o security Interest „ �,.
<br /> grnntod by thls Doed of Tn�nt may bn obtnlnod(oacii as roquirad by tho Unlform ComrncrclN Codo),ara aa at�tod on lhe Qrr.i pe�e of this Dcaad ;;;, •
<br /> a .
<br /> of Truet '��'
<br /> '' FURTH�W AS3UI�AtdCES;A7TORNEY-IN-FACI'. Tho tollowing provlslons rc�laUng to fu�ihor nssurancos and ariorney-In-fact aro n pett of thls � •-��f
<br /> Daed o�Tiust. "'�
<br /> � Furth�r AssurRrics�. At any time,and fram time to Ume,upon raquqat of Landnr,Truetar�dll meko,oxcicuto and doliver,or will aausa to be •
<br /> c
<br /> • meda, oxecuted or dellvored,to Lendar or to I.ondEx'o desipnoe,and wlson raqueste�l by Lendor, causu to bo tiiod, recordud, refilod, or ,��
<br /> rerecorded,as lho cese may be,at such ttmos end In cuah o�lcos nnd piaaee ss I.onclor mny daom nppropriata,sny and all such mortgagos, .�,�
<br /> , doeda of wat,security deeds,aecurriy egroemente,flnancinfl etatemants,conUnuaUon statemonts,instrumonts of tu►thar assurence,corUBcatos, .
<br /> ' end otha�dacument�ss may,In the cola opinton of Lendor, ba nocussary or dostrabk in order to offoctuato,comploto,pertoct,conUnuo,or • �
<br /> • pro9orvo (n)iha obligatfons of Trustor and Borrower under tha Notu,thls Dead of Trust. and tho Rolatad Documonts,and (b)iho 11ons and • � ��,
<br /> " sacurity Intorastc�crentod ty thfs Daed of Truet ue firet nnd prlor Ilons on iHe Property,whethor now ownor�or horoaftor acquirad by Trustor. ,�
<br /> � , Unless prahlbltod by Iaw or agread tn iho cordn.vy�y Lender In�vriUng,Trustor ei�al rolrnbures Lender for all co�s nnd oupans�incurtod In
<br /> connoctlon with the mnttem refe►red to in thio paregraph. .. �
<br /> Attorr[ay-in-Faat. Ii Yruator tails to do any of the thinps reterrod to In the preceding prungrnph,Landr�r may do so tor and In the na►m�of '
<br /> • TNStor and nt Trustor'o oxpense. For such purposes,Tn�stor hereby irrevocably appolnts Londer as Truatore attornoy-in-fact tor the purposo
<br /> .., 09 making,execuUng, delivering,filing,racording,nnd dolnp all other ihings ns may bB nocessary or dosirable,In Lendor's aolo opinton,to ,
<br /> � accomp!ish tho mattara rotertad to in tho precoding paragrnph. .
<br /> � " FULL PERFOAMANCE. If BoROwer pays nll tha Indebtedness when due,tertninatns tha uno of crodit,und othorvAse portorms nll the abllgaUons •
<br /> � �:,�' imaoned upon Trustor under thls Oeed of Trust,La�nder sholl oxecute and dellver to Trustoe a roquest for tull reconveyance and shcill oxecuto nnd _
<br /> daliver to 1'rustor oultabio etntemerrto of termination of any financing statement on fite evide�cing Lendor'e secu�lty Interest In the Rarits and tha �
<br /> Peraonel Properry. Any reconveyanr,c�fee reqWrad by law eholi bo pald by 7rustor,If permltted by applicnble law. �.. .
<br /> . � DEFAULT. Each o}thr�foilovAng,at tho opUon of Lendor,ahall consUtute an event of dotault�'Event of DofaulY�under thls Oaod of Trust � � ��.
<br /> � Default on(nd�6t�dm+as. Fe(lure ot Bortowar to make any paymeM whan due on the Indobtodnoss. • ° _
<br /> [)eflui4 on Other Paymants. FnIWre ot Truoto�wlihln tho llme requlrod by this Deed of Trust to muko nny pnyrrwnt br taxes or Insurence,or . �"�y;r�
<br /> , , nny other paymont n�ossary to prevont filing ot or to ofiect dlscharge of any Gon. ��
<br /> Compll�nc�Delauk. Fellurn to comply with nny other term,obllgaUon,covennnt or wndition contalned In this Deed of Trust,tho Note or In `�`�
<br /> ' any of the Reiated Documents. It such a taliure Is curable and Ii Trustor or 8orrower has not beon given a noUce of e breach of the seme
<br /> provf�lon of thls Deed ol7rust wlthin lho preceding tv+alve(12)months,It muy ba curad(and no Event oi Qefault wiu hava occurred)it Trustor '.� :. �,:-��
<br /> �� or Bortowot,after I.ondor sends wrltton notice demnnding cure of such 1Nlure: (a)cure9 tho fallure wlthin Tifteen(1b)days;or (b)Ii ihe cure .�,�` .�
<br /> requlree more than fltteen (16) days, Immediatsty Inititttes stops sufficiont to cure the falura and thureafter conUnues end campletos ell ',. l,,, !-
<br /> reesonabte and necessary oteps eulflcient to produce compllanco as suon as reauonat�ty pracUcal. ' ���� ,�•�—
<br /> . - __—'-- �- --... ...� w.ti�; ,.r crn. �,,_::�� ; ..
<br /> �p.�se Stetemeat+. Any wannnry,fe(�te98n10tlon o►atntemeni muun v�tu�i5}isai�iv��o1iL'.+�..ji S)T Oft.....°�...T«'..._.4i 24iT4war i�r�iar thla �� T
<br /> Doed ot TrusL the Note or the Related Dacumente is talse or misleadinfl In any materlsl respect,elthor now or at th0l�me mnde or turnished. ��•�.�°
<br /> � Inwlvancy. Tha dlssolutlon or tertnlnaUon of Truator or Bofrower'e exlstenco as a going buslness,the Insoivoncy of Trustor or Borrowor,the : y� �
<br /> " eppolntmorrt of e receive�r tor sny part of Truator or gorrowere properry, any assignmant for the bc►neflt of credftars, any rype ot aodiror ,,'
<br /> workout,or the commencwrient ot any proceeding undor any bankniptcy or insolvoncy laws by or agalnst Trustor or Bonowor. y:
<br /> Fancloau��,Forf�fh�ro,eta. CorrK►iencemont oi toroctosuovemtme tal n onc�adalnai nh�of the P operty p How vler�,�thlsfteubspecUon shail not •
<br /> � or dny othor methad,by any creditor ot Tnrutor or by any 8 9 Y 9 Y
<br /> . eppiy In tho event of a good felth dispute by 7rustor es to the valldlry or reasonableness of the clatm which Is tho besis of the torociosure or
<br /> forotdNre proceeding,provldod that Truator givos Lender wrltten noUoe of such clalm and furnishes reserves ar a surery bond for the cielm ��,
<br /> � satlstactory to Lendor. � J`�
<br /> .�'��.-
<br /> Bnach of Oth�a Agn�manL Any bteach by Trustur or Borrower undar tha tartns o1 nny other agreoment betwaen Trustor or Borrower end ,+;•���1
<br /> � Londor thnt Is not ramedlad wRhln any gracc�podod provldod thereln,Including�vithout IimnaUon any agrao►m�nt concnrning any Indebtodnass ;� �
<br /> or other obll�aUon of Trustor or[3oROwer to Lendor,whottwr oxlsttng now or Iater, �
<br /> � Evsnte Aft�aUng Guanntor. Any of the preceding events occura with rospect to nny Ouarentor of any af the Indebtodness or such Civarantor : `��_�
<br /> aU
<br /> dles or becomos Incompetent or nny Quarantor rovokes any guarenry oi the Indobtedness. lsndor,nt Ite opUon,mfly,but shali not be requlred ;:��•-i4 r
<br /> to,permit tha(ivarantore ostnte to assume uncondiUonally tho oblignUons arising under the guaranry in a mannor saUstactory to Londer,and,In .
<br /> doing so,cure tha Evant o1 Dofaut�. - .
<br />" Ins�cudty. Londor In good talth daems ftsaB insocure. "
<br /> �" RIGHTS AND REMEOIBS ON D�FAULT�'�Up�n„�Qnc�cfo e��na s f�n additl n tofeny atha right or romedlesrprovld d byeaw r Lendor,at its optlon, ' ��k�,
<br /> �� may oxercisfl any one or more of the to g g
<br /> AccefaraUon opon De}autt;Additlooal Remedlea. It any event of dofault occure whlch is not curod withln fliteen(1b)dnys nftar noUca,ns por ,�._�;
<br /> - tho tortns o1 tha Note securad horoby,Lander mny declare NI Indobtodness socurod by this Deed ot Trust to bn due nnd pnyablo and the scuno � � (;�..!
<br /> sho;l thoroupan bocomo duo and paynbin without any prasenUnent,demand,protast or notico of any kind, Thnronftor,Lendor may: ; ,� . ,,.-
<br /> _ (n) E(thor In porson or by ogent,with or wfthout bringing any ncUon or procc�oding,or by u racoivor appolnted by¢court end without � ' ;� •! +
<br /> rogard to tho adoquscy of Its security,entor upon und tnko possasslon of tho Proporry,or any part tharaof,in Its own nenx�or in the nama , _
<br /> ot Truffiue,nnd do any acte which R deams necossmy or doslrablo to presArve tho vNuo,markotablliry or rantabllity of the Proporty,or part ; . �
<br /> � of tho Propary or Intorest In the Property;lncranso the Incomo trom tho Propotty or protoct tho cecudry ot the Properry;and,vAth or without ; �� +
<br /> taki�g possas9lon of thu Property,suo for or othorwisn oolluct tho ronts,issuos and protits of tho Property,Inciuding thosu past due and : �
<br /> � unpN�,t�nd appry the semo,lass costs end oxpensos of oporaUon and colloctlon, Including uttornoyn'taas,to uny indobtodno�s eecured �
<br /> s . , by thts Doad of 7Yuat,NI In such ordor as Lendor may dotormino. Tha entetlng upon nnd toking posse�lon ot tho Proporry,tha coltocUon ; JI„
<br /> of such ront�,Issuns and prafits,and tho epplicaUon theraot shall not cure or wtilve any dofault or noUca ot dofault undor lhis Uecid of Trust � �
<br /> � or Invalidate eny act dono in rasponso to such detault or pureuant to such notice ot dafault;nnd, notwithstnnding tha contlnunnca In i
<br /> poss�sslon ot tho Rropwty or tho callocUon, rocaipt nnd nppliceUon of rents,Issuos or profits,Trusteo or Londer ehall be ontlUed to , ,
<br /> exetciso everr right provided tar In thc�Noto or tho Nointad Documonts or by Inw upon the occurtanco ot any ovont ot dntault,Inctuding the � � ,
<br />• tlpht to er.�+rc.es tho powor of eab; � ;
<br /> , (b) Commonco an acUOn to torocloso this Dead ot Trust ns n mortgage,appolnt a recofvar or spocHicNly enforce any of tho covonants . . i
<br /> horoof;nnd f I
<br /> ' (c) Dolivor to Trustoo n writton docltvnUon of dofault and domand tor salo and a writton notico of dofault and oiectlon to cause Trustor's
<br /> IntoroM In tho Propnrry to bo cold,whloh noUco Tructao ehall cnuoe to bo duly fJOd for record In tho approprlato otlices ot tho CQUnry in ��'I
<br /> which tho Proporry Is Iocutod;and �; i
<br /> � - l (d) Wilh respoct to all or any part ot tho PorsonnJ Proporty,Lenaor enaii nava aii iiiu rigni�and�arimuies�vi 6 owuim:Mm:j���..".�. . --�
<br /> � Nobrnsko Unftorm CommarciN Codo. ,I
<br /> ' Foroclasun by Paewr of Sat�. It Londor olact�to torocloso by oxorciso ot tho Powor of SNo horein contninnd,L�nder eMnli noGty Trusteo ond I
<br /> � ehall dopo:,it with Trustoe thln Doad ot Truot and tho Noto ond such rocoipts and ovidonco of c�xpondi�ura9 mado and socurod by this Dood o1 � i
<br /> ; Truct n.9 Trustoo mvy rowulro. '
<br /> ..� , �
<br /> i „ (p) Upon rocolpt of cuch noUCO irom Londcr,Truatao ehNl cnu�o to bo rocardod,pubuehed nnd dolivored to Trustor such NoUce of Dafault �
<br /> ' nnd tJoUao of 3a1a as thon roqulrad by law and by thlo Dt�ed oi Trust. Ttusttx�shrJl,withaut domand on Trustor,atter such Uma ns moy , �
<br />_ ' ; ° ihun bo roqulrod by Inw nnd nftor rocordnUon of such Nolica o1 Dafault ond attor NoUca o4 SNo hnving boon glvan as roqulrad by Inw,sell
<br /> tho Propnrty nt tha Umo and ptaco ot salo fixod by it In ouch NoUcu ot Salo,olthar as n whoto,or In separato lots or pnrccils or Items as
<br /> � Trustoa shNl doom oxpudlont,and In 3uch ordor aa It may dotertntno,at pubiia aucUon to tho Aighost blddor far cash in lawtul monoy ot
<br /> tho Unitod Statas pnyebto at tho Umo af eala. Trusteo ohall dolivor to euch purchasor or purchusors thoroaf Its good and sut(icl�nt dead or ,�
<br /> doods convoying tho propotty so cold,but without any covonnnt or wiurpnty,expross or Impli�d. Tho rocitNs In such dood ot nny maticre i
<br /> R or tacts ohai bo conciusivo proof of tha truthtulno3s thoraof. Any person, Irscluding wkhout Iimitation 1'rustor,Trustoo,or Londor,mny . I
<br /> purohn�s ei orCh oala �
<br /> �
<br /> :� !
<br /> . ' .
<br /> �
<br />
|