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.,� , .,. .: <br /> „ ,:.,�,�. :�. . .. „ - �,�`1 � <br /> �,' � .. . ' „ � ., ., , �r ! <br /> ° .� . .Yr�.l- \.i —._ __�__....�.__.�__ �....��.�.��.. � <br /> �n _.�.. ` <br /> . ... .. .i_.�__�..����.__"__.���. � <br /> � ... . -.... ' <br /> i <br />_._ _ ..y_�.���..�___.___.__�_�_./1..�."._..". � " . . <br /> '.. �, ' ! ' . ;' + y � <br /> � ��Q;,��„���°��°s � . � <br /> 0. l3orrov��/t.iV 1 l:c.�1�tl:�Propnrty m poud rnp�i�:tnd shnll not commrt w:�sl��nr pormi��mpiumant or doronnr�tion nl tho PropmtY I <br /> 7. If tho 6orrowor fnila to:ul mamtam ar p�y tho promium�lor tho rayuirod msurancn ul mn P�upn�ty, ur b)pny t:�xn,bntu�n dolmyunnt.nr c)pny anv i . •�., <br /> emount duo unAo►o prior mortq�po or truct dood batoro dnhnyuant, or dl maintmn tho Proporiy�n qood rnpt�ir, or�I pnrl��rm nny of tha covonunt�:ur . � <br /> nproomonte of this Tru�t Dncd,thon I.ondor m�y n!rts ophon�try r.uch insurnnco prom�ums, [aKU3,mortpaflo or ttuet dood pnymonts.or makn rop.�ns l� <br /> ond diebureo ouch aum� nnd tr�ko such nchon.m it dooma nocouomy to protoct nn Inlornet without wnivmg or�itacunfl rto n,yht to doclnro m dolault ��t <br /> and ncceloroto iho dobt eocurod haroby bocauso ol nny such �aduro ol tho Borrowor. Any nmounts so diebureod by tho Lendar shnll conet�tutn I ;�, 4 <br /> additlonnl indobtodnoso af Borrowor socurod by this Truat Doud and shall bonr mtorost Irom tho dnto of disbursomant at Iho tnin poynbin undo� ihn I <br /> Noto. Nathin4 eontninod in this pnraqroph shnll roquiro Londor to moko nny cuch disburenmant�nr tnka any action whatsoavar. i ?��• <br /> i <br /> � � � B. Londm mny mako or enuso to bo madn roasonablo antrias upon and mspocuon ol the Proporty. i .y. f <br /> . •• 9. Tho pr000ads af e�Y nVO�d co ilnll ou af�condotmnntion`�rocho oby nssign d G ndnshall�ba pmd,to Londorrtta�tho oxU nt of rthu ull amount ot U o '� .,'•� -^ <br /> or part thoroof,or for ca y <br /> ` romnining unpaid indobtadnoes socurod by this Tnist Dood. , + <br /> If tho Proporty ie abnndonad by Borrowar, ar if,uftor notico by Lnndor to 6orrow�r thnt�hu condamnor offors to makn�n owaird or sotUo a clnim for I _ � <br /> dome{�o�,Bonower fallr,ro ro�pnnd ro Lnndar within 30 daye aftor thu dita such notieo is maded,Londer is authorizod to eolloct and apply tho procoeds f <br /> to tho sums socurod by this Trust Doed. � ��� <br /> h�nduo duto of tlpo inst Ilmontar oforrnd bn m pn'r��rnphs lland 4ahar'o�'ur chan47�1tho amoun�t�ol`such9 iist�llm��nd shall not uxcocd or postpono i <br /> i <br /> � � <br /> 10. If tho Londor issuos n partial roloaso of this Trust Dood, tha procoocls rocoivod ihoiofor shall bo crad�tod to tho 12st matunng instnllrnonts o}tho I <br /> indobrodnoss socurr.d horoby. � <br /> i <br /> � � 11. If Londer oithnr voluntarily or invnluntanly bucomos a pnrry t� any surt or logal procoodmy rolatmg to tho Proporty,Notu or Ihis Tmst Doad, ihun I ; <br />,� Borrowar will roimburso tho Lnndor for ull costs�nd,to tho oxtunt pormrttod by I aw,roasonablo attornoy loes mcurred by th�Londor rolatm�rn��nc <br /> or logal proceodings nnd eaid sums shall constitutu additional indobtadnoss socurod by Ihis Trust Doed and boar intoro�t at tho rato payablo undor tho � � c <br /> Noto,untd paid. } ' ��'� <br /> 12. As ndditional socurity Borrowor dons horoby:�ssign,trnnstor and sot ovor�a Londor,�n caso ot dofault m tho porformanco of any of �ho torrns or .y(;,,� �'�. <br /> conditions of this Trust Dond,tho Notn, or tho torms of eny indobtndnoss socurod haroby, nll of the ront�s^Tro�io�nYos�o�VOi�W�thnut r qa d to thn �°•�C �� <br /> whatsoovor to bo dorivod from tho Proporty, including land contract paymonta. Londor, m porson, by �g ; yTr . <br /> solvancy or insolvnncy ot tho Borrower or tho valuo of tho Proporty,shall bu ontitlod to tako poseoss�on of,ropair,ront and manage tho Proporty and <br /> to colloct the rents,rovonues and incomo thorofrom and it may pay out of said incomo all oxponsus of ronafr and costs mcurrnd in ronting and managing � �•�.� <br /> � tho Propo�ty and collecung rontnls and for paymont ot insuranco promiums wi�h any romaining balancn to bo appl+od to tho last matunng payments yY��� � <br /> • porson shall p�yr7d h�on,b Paymentsrund profitsci�ccruod o1r haroafDtor acc u ng to tho�lander u 11 furthor nottco fromt ho Londor'tho Proporty,SIIC�I i ,�; <br /> 13. :t all or any part ot lho Proparry or any mtarost thurnm is dnodod,sold by land contract or othorwiso convoyod,al�enated or turthor oncumbored � � <br /> ___:. __ � ..._... �,,.,,,,,.•�.,,,,..,.,.;rran�nnannt.nr�f iho Tiusror�s a corpornuon ond thoro is a changa m ownorsh�p of 50.o , :;�,� . <br /> o� <br /> --- - oithorvoluntanly arinvoivninrny ..�.�..,�.....�...... -r..-. .. ... -- --'` - - <br /> or moro of tho corporauon's stock, or�i tho Trustor is a partnorship and tho�o is o chango in tho momburship or a tlissoiunon oi inn par.��o:s�:p• �-,_, " <br /> � oxcludinp (al a transfor by oporation of iaw upon tho doath of a joint tunant o� (bl tho grant of any loasehold interost not containmg�n option to `. <br /> . purchase with a loaso torm of two yoars or lass,or Icl tho croation of thc purchaso monoY secunty intarost in househald appliancos,thon Londor may. I <br /> at its option,doclaro�II sums socurr�d by th�s Trust Duod to bo i�nmodiatoly duo nnd payablo. In tho evont tho Londor consonts to any such chango � <br /> in ownorship,control ordiasolution or trnnsfor of all or any part of tho Proporty,than londor may at its aption adjust tho intorost rato to tho provadinfl � . <br /> rato of intoro9t th�t�s charpod on now socurod loene ot tha typo socurod by this Trust Dood at tho tmio ot tho chango in ownorship,cont�ol,dissoluuon - <br /> of trunster and may char�o a transfor foo. • y� <br /> 14. Upon Borrowor's broach of any covonant or agroomont of Borrowor in this 7rus1 Dood,includmg tho covo�ants to poy whon dun nny sums socurcd 't' <br /> by this Trust Dood,Londor at tts option may doclaro'��o horh om d os�orm nod by applicablo�aw �ncludi pethatright to fo ocloso this T usttDond n � , •�-f I !{ <br /> doman d nn d m e y i n v o k a t h o p o w e r o t s e l o a n d/o r a n y t P �f� <br /> �ncumod inrpursuing such r modius�cludin�ubut not I m t d�to. and t'onthatextont poim tlad by latw!r unsonablo att lo noy fnas!�c o s t s a n d o x p c n s a s I ,� .� ;�' <br /> , i�j <br /> � I(tho powor of sala is invokod,Trustoo shall rocord a nonco of dotault in oach county m which tho Proporty or somo part thnroof is locatod and prov�do , M� <br /> � `� notico thoroof in tho mnnnor proscribad by appGcoblo lew. Aftor tho I:�pso of such limn as may bo roquuod by applicablo law.Trustoo shall�wc publ�c � �.''�.wv.�.'� - <br /> ��.,. . <br /> � notico af salo to tho porsons and in tho mannar proscnbod by npplicablo Inw. T�ustoo,or tho attorney tor tho Trustoo, wrthout domand on Borrowor, I �� <br /> porcolsla d�in suchtordop ab'Trustao naY1��tormhna[Trustoo m.�ytpastpono Isalo of alln��nny p rcolsof tho Prr�purty by publ c atnnouncamentr moha , <br /> urchaso tho pruporty at any snlo. � <br /> � umo and placo af any proviously schodulod sa�n- Londnr or Landor's dnsic�nno may p � <br /> ' �' Upon mCOipt of paymont of tho pncn bid,T�usroo shall dohvnr to tho purchasor ri Trustoo's Daed,wrthout wnrranty,convaVing tho Pmporty sold. Tho ( ; �,,�#;� <br /> roatals m tho Trustov's Dood shall bo prima I:ici�ovidanco of tho tmth of tho stntemants mido tharoin. Trustoo shnll supply tho procoads of tha salo , <br /> • in tho follo�ving ordor, al to all roasonablo costs��nd oxponsas of thn salo,including,but not I�mitod to,Trustoo's lons nl not moro than Fivo Hundrad i ' �ty�� <br /> and Noll00IS500.001 plus 112 of I°,b of tho amount socurod horoby and ramai rnng unpe�id.�nd co�ts of titla ovidunco;bl to all sums socured by th�s , , �f <br /> ' Truat Dood;and cl tho oxcnss,if any.to tho porson or pursons lopally ontitlod thoroto. �1,,, � <br /> � 15 Any forbaeranco by Londor in axorcismc�any nght or romudy horoundor, or othorwiso af(ordud hy applicnblo I�w, shall not be a wa�vor uf or ; ' ,,a'� <br /> procludo tho oxorciso of any such right or romody in thu ovont ot continuin�or futura broucl�os by tho Borrowor. ,, i <br /> 16. All romedfos providnd in this Trust Dood arn dislmct and cumuluUVO to any othor nght or ramndy undor th�s�Trgst Dona or aY ordad by law oP oqu�ty, T �� <br /> and may bo oxurasod concurrontly.���dopundontly or succossrvaly. If Borrowor has grvon Londo�a chattol mort � a,or socunt a�raamont on orsonal <br /> proporty as additional socunty fnr cha dobt socurod horoby, m tho ovont of dofaul�horoundor nr thoroundar, Londm shall havo th�nght nnd oplion�n y; <br /> ' firet torocloso on seid poreonal proparty without prap�d�co to i�a nght to thoroaftar sall or forocloso tho Ptoporty or tn pursuu all sr.cunly at tho samo � <br /> timo or to pursuo tho porsonal proporty aftor tho:�alo or furoclusuro of tho Propony. . .,' <br /> 17. Upon paymont of all sums socurcd by this Trust Dood.Landor shall roquost 7rustuo to roconvoy tho Propnrty and shall surrandar this Tru�l Duod <br /> f i <br /> and all notos ovidoncin4 Indebtndne�s socurod by this Trust Dood to Trusteo. Trustoo shall roeunvoy thn Proporty without warranty to the parson or <br /> porsons loyolly andtlod thoroto. Such porson or pnrsons shall pay all costs ot racordot�on,it any. <br /> i <br /> 18. Londur,nt Londa's option,may from nmo to t�mo romovo Trusroo nnd appoint a succossor trustoo to any Trusteo eppoinrod hareundci by an }� <br /> insttumont roaordod in tho County m which this Trust Dood is rocordod. Without convoynnco ot tho Proporty,tho succoxsor trustoo shall succood�o , <br /> all titlo,power and dutioa conforrod upon tho Truslou horoin and by appliceblo law. '� � <br /> .� c_.....�..,n�,,,n.,nr.ns.dmnands.roquusts or othor communicauons roquuod undor oppUcablo law to bo�ivon�n anothur mannor,,vhonovor Londur. ' < I <br /> - n�h>r t .�l <br /> ' Borrowur~or Trustoc qrvos or sorvos :+ny nuuco Imcluding, withuut lim�tatio�, nonco o�aareuic and noucv oi �.,:07. ��-� �. :�=��=°�= =' _. ---- <br /> commumcmion with rospoct to this Trust Dood, oach such nohco,damand,roquost or othor commumcation shall be in wm�ng and shall bo�tfcct�vc 7 � <br /> � only d tho samo is dehvarud by porsnnal sorvico or malod by corehoJ mail, Uostagu propa�d,roturn rocoipt roquostod,+iddrevsed m tho eddres5 is<e� � � <br /> forth at tha huginninq of tho Trutit Dund. A copy ot any nouco of dolault,any nnUCO ot sal�,ruquued or pormrttod to ba yivon horoundor, shall bc , <br /> 1 l� madod to aach p�rson who r:a partY heroro at tha address snt forth at tho bog�Mmfl al thi9 Trust Dnod. Any party may�rt any umi+changa ds addross j <br /> � - f0�such nolicoa by dnlrvonn�or mmhng to tho othor puitias horoto, ris;iforoy+aid,a nour.o ot such chango. n��Y��ohcc nnrm�nAnr shnll bn dn,mned lo ; � <br /> � havo ro bocn spvon to�mrowor or lundur. whon yivnn in Um mannor dosignotod horoin. � <br /> � 20. Tho covonants nnd a(]�OOmonts horem contmm�d shall bmd.:md tho ngl�ts 1+oroundo�shnll muru:o tho rosVOCUVn hous,rnp�n5untat�vos.succussnr. <br /> � and ass�{���9 a� tlw p�rtwt. All cnvanants and c+yruomont.^.of tho Borrowor�:hail ba iuint nnd envoial. Whonovnr nelurrtne�� �v madn tu�hc .mguiar <br /> .� horoundor.it sh(tll incluJo 1ho plur.d.�nd tho plurnl ehull inclado thn smqul:lr i <br /> � � <br /> �i <br /> .� � � <br />