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<br />�. ' ` ``c 1� T�.9 Al�i�A�SE83MEliT9. �ntot et��it pey e11 tarua�d�sws�nst�s ntatirtg tn Property whe��e�uad�mm����nder . .<.� '' , _-
<br /> . ." �° ,. M�asotpsymtnt,at��. tl�aritheregueatafLender.GrantmrshrJld�pa�itwItT►Lertdereacflmomhan�er�fRhlt/12�attttmesttn�etndannu�i. _
<br /> < Instuanoo Ppmtur�.Ltms art�assrssmnris pMsinin ta Me ProRtByl. 8o teny astAers ta no dateui�thess amaV�ta cAall beayp¢eQ to�tr prymsaE • • ---
<br />_ • . N�ds a�o�t�o pay ury wce�a or against�e�0�ttpat[�aAMy►�tunds epyfiedt mayde��t,end�s op�on�ap�pued�nt r�a+�er e orde�r of�Ui�s dus�d� °� �" -_
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<br /> td. Itr8PEC1t0ei OF PR�PEHZ91,BOOK$.RECaR09 At�REPOATS. Qrantar�all altaw Lendet or its age�to examfns and inspect t8e :�
<br /> ` � °� plrppay�nd�mino.bsp�t and mske copiee ot 6ranmPs Eooks and re�rde Psrtainin8 ta the Proa°rt�►n°m tlme ta tlma Granmr shalf�;as ���F •�_
<br /> My�isian�[aqu[ted by Lender tor these purposas. A(i of 8ie signatures and intom�aSion earnaU�ep in Qrartor"s bcpdcs and rarArds snaU Os . , , • ..
<br /> °•{,•:� ,: �. , � asnuin�.true.a��ra2e end eomPtste In eif�sspaete. Grantor sheli note t1►s extstan�of londer a beneflctal tr�cest in(t�books and reaords , . . :�'p ,
<br /> p�t�tfin9 to ths Pmp�rty AddirianaUyt.Qrsntor ahffif repon.In e form�crory f�l+ender.suc�itNoAtoaBon es Lender may roque�t�e�arE�rtg —
<br /> - __ `. i3rsn4era fln�ncial coacWan or the Rroperty. The(r�fortneUon ehall�e for.sud�p$dads,afia11 refteet Qrarstorb raaards at uuet�Ume,artd sha�ba - -�- - - -- -s::-
<br /> ' � � rendered with euctf fraqueney as Lander may deslgnate. Wl tMormatien UrtMshed by tirantar Lo lsnder sh8ll 4e true.axusata snd wmptsL�in atl � , . _ . .. :� ; :..
<br /> - ------ -- tespects,ana�artedbyGranmrfflender�equests. - — —=--�..`.,�°
<br /> � 17. ESTCPPFJ.CERTfFICATE3. YP+thin tan(10)days after any�equest 6y Lende�GraMOr sl�all 6etdror to lander,or er►y tr►tended uansferee oi , . ,y
<br />- � ' Lendar's AyMs wf��ct to ths Obilg�ttons,a etgned and edmowtedged etalemeM speatying(a)tt►e outstanding haians9 on S►a Ohligat(orts;and . •
<br /> . , . . N)wltHh+er Grantor ilo�esses ar►Y clatm�,deiense9.sei�ofta ar�ur�rctaims wiBf ros�eet to the OD ans and.if sa.ihe nadire of euc�►clelma. . `�
<br /> .�. � detmaes.eetaifs or wurtercfaims Grentor wi(I be concluffivety b�nurtd by any represar�atian fhet!en er may make to tM tntentied Uansferee with f - -. _ �.. . . . _, :
<br /> - ...._. , . :. _. �espea!to thes�mai�sln the evsnttha!Qra►►mr tafta to pcovide the requested ste�marrt tn atimely mermer. _ �. . ;�
<br /> 1i OEFAULT. Qrar►mr shaD ba in detawtt under tAts Oeed a!Tn�st en�the Taustees power sha�l bacome oparaSve in tita•event that G'rarttoi: , .
<br />_ � � Borrow�r ar atry puaramor of t�e ObliQat►ona . , �,.
<br />= � ` • . (a)taftsLOPaY�1►0l�pga�ontoLendarwhendue; � . , `• 4
<br />�" ' ` � (p)taii�tp per[orm any Obl(gatlon or b�es arry warrat►ty or covertant t�LenQer cortmtned tn�is Oead of T►vst or sny ofher p�eseM or tvtuia . '. j ;
<br />, .� � � apresmer�k . . .. ._ :.'.
<br /> (e)dash�aye,to�ordamageathePropettyinarrymateBai[espeatorsM�JeclstheP�oyer[ytoseiwre,eonftscaUan,orcondemnallon; � � • -
<br />-�`.;. ,. (dI seeka to rovoke,Larminate or atherwiss iimit ite Itabltity under amr guazanty to Lender, . � .�:<": ..� .�.I:"`
<br />;; .. , < . . (e)dtes,bscome�bgatty tneamRstem.ta diasatvod or�ertntneted,bewmas insotvent,makas en aselBnmeM torthe beaefit of rxeddora,fatia ta ,:�.` . ,
<br />- � . pay debts eathey ba�ome due,files a petition under the taderal 6an(wptcfr tawa.has en tmotvrtmry petiUon in banfauptcy fited tn wh[ch C�Frentar, :_s,
<br />- . ' Bor�ower ot eny guaraMor is nsmed,or has pmperty taken under any writ or process of�urX .. ;;;=`:,� ; <�
<br /> _ � • ' � aAawsgoodatohaused.transPmted�c2omdonlhsPtoperty�iRepossesWon.�ansp�Aation.or!iseofwhich.ismegat: � ,f , '
<br /> othetlhan Gtantor or Bortawer to assume or undattake arry 0biigation withaut iha m(tten consarn of lettder,or '-�,. � ' �, ':: • s =
<br /> _ . � � aAowa snyr pa�ty .;. .
<br /> =.:. '� � • (hj causea Lender to deem itself insecure due to a signfficant dedin9 In�e vatue of the Ptoperty;or ff l�ender,in gaod faith,tct any reason. ,.`, •.. y�►=
<br />�-...��.,. .. . � '` ... _ _6aUarea3h�4fhs.Pro�ctp�rt!er�torpedomtanceHimpaired. . ..:.;t:;:.�.:. :� � '-
<br /> 1�. Ei1GHiS OF LENDER OH OffAU1T. It there(s a defautt under�l�OE6d of Tras�tiandarsheil be entiUed to exerct�one or�nwce at fhe... . ---... ' " ' --
<br /> , -.. ,-�_•--•--�-�, - '.���
<br /> . � foltawUg romadi4swfthout notice or demand(except as required by taw): ", �
<br /> • � (a�to deatareths ObIlgaHons Immadlatafy due and payaDte tn futi: • .. �.� `. ,'.. -rs
<br /> ... , � (k�to cot►ect the outstanding Obttgetlons wtth ar wlthout resoNtiq to judiclat praces� .,. .''��-r
<br />. (c) to requiro t3raMor to de(iver and make availabie to Lender er►y personaf property or Chaltats constiMing tha Praperty at'a piaca masonabty ' "�'' '-
<br /> . com�enlsntw C�uantor and Lendpr, n toT orobtatnfin �►e fimmant o!e recatver and,at LendeYa optJon,to - � ��� ,
<br /> • � • (e� toerrteruponertdtakspossesslonotthePropariywithoutePP� 8 9 BPPo �:;.:�*:,. _�
<br /> . � appatnt a roceiver without bond.wiMout ftrat br(ngirtg suit on iha ObttgaUons end wHhout othetwis8 meetIng erry statutory oondtt�'s regerding .,.,s,:`'`,_�.'•; ,
<br /> ' ..,: � ce�hrors.it being imended fhat Lendet shall have ihis contraetual Aghtt�o apAoint e roceiver. • �.. . _
<br /> - • (e) to emptoy a managinp apent of tha Property and tet tfie same,eflher in Trustae's awn nams,in tha name of Lender or in the name af '.'''.�`."'� :
<br />�� � Qrarrtor.and raceive the ror�ts�incomes.isgnes end profits ot the!'�oPertY and aPA►Y the eame.after PaYment oi a�l necessazY cherQes and •
<br />-• � � expense9,onaew�mtottheODtigations; • ' ��.� . '
<br /> - (�to pay arry e�ams in any torm or martner deemed expedient by lender to protect tne sacurity of 9t►is�eed o!Vust ot to cu�e arry defauft other ,�-
<br /> y. ` �' than payment of[nterest or pdndpal on tha ObllgatFans; , . •
<br />- � � (9) tp foredosa thf�Reed ot Ttust judtoially ot nonjudlGaliy and tv direct tho sale ot the pmperty througb exerclse of the pc�ser ot sa(0 es : �' .. �.,, '
<br />�:`� ,- � ` . .reterenaed tn para�aph 2D heceof in aaxordanes wiTh appitcable law: � • : .
<br /> _ . ° . Q�)p�sert.off(;ra.�'s 0611gatlons against eey emounta owed Grsntor by Lender tnduding,but not limited to.mc�:as,inatrumenb.and Qeposit �, ' °�:-;.' ...,,.� ,
<br /> _ .-.... � .. - accQUMs mair�ta::ad with Len4er or any wrrently existlng or tuNre aff(Ilate of lender,and (' .."; .. �"',� _
<br /> = � � (�tp exercise ffif pL1er�tgMs availabie to Lender under any other wrttten agreemerK or appticabte law. � �r,'f .
<br />- tender's�Ights ere eumuTath+e end may ba exercisad together,separatety,and in any order. In the evant that tsnder instlrides an acUon ssekt�the �:,�. ,a
<br /> � ' reooverlt a f arry►ot the Prape�ty by way of a preludgmant remedy in an action againat Qrantor,Grantor wahrea tAo posUng of arry 6ond wh(ch might � . . ���
<br /> ofherwisa berop utred. Landsr or L en der's designee m a y purohasa t�a Property et eny sale. Proceads ot an Trustea's sate hereun0er shall be .
<br /> _ • _ . • apptied RrsL�the costa and expensea of axercistng the power of sass�d o t the saEe,inGUding tha paymant o�the Trusteeg tees actuaUy inwtred t �� }
<br />-;s.,� , and not to exceed t5�e emouM which may be proutded tor tn this Oeed of Trus�second,to payment ot tha Obtigatlons securod hereby,thlyd,to the r '� �%;,�,��.
<br />_ . , payment of junior tru5t de a da,mo r t Q a aes,or o t h e r l i e:�►d e r s.e n e t h e b a i a n c e,i f a c ry,t o t h a p e r s o o o r p e r s o n s l e g a l t y e n t t t l e d t t�eroto.Ths pro p e r t y . h.,,,�. _ �
<br /> - orarry part thereof may be sofd In one paael,or ia such pareels,manner or orQer as Lender in its soie disaeUon may e(ect,and ona or more � ';,!;
<br /> � . , exerda��ot ffie pawar herein qranted shal!not extlnguish or axhaust tha power unlass the entfre property ta sotd or the obAgatlon9 aro paid n tull. :�.� , ,
<br /> � 2� 1pU87EE'8 p�RCiBE OF POYYEfi OF 9ALE OH OEFAUL7: Upon default by Granwr inpaymartt of any ObligaUona secured heroby,Lendar
<br /> � • msy dsdero a!1 auma secure0 heroby immediately due and pay�►e and shall aause to be tiled of cecord a wrttten noUce af defautt and etect[on to satt
<br /> � tAs property. After the tapse of sucb Ume as then may be requlred Dy law to!lawing recordatton of sueb no8ca ot Qefauit,and no�ca of eals having . . . '��
<br /> � be�n pivsn es then requirad by law.Ttustas,wtthaut demand on Qrantor,shail setl such property,efther as a whote or in separate paroeis.and tn such f-�•
<br />�;.. ,. � � � • order as k ot lender msy de2ertnine at pubtio aucHon to the highest Diddar. Trustee may postpona the sa(e of a!I or er�y portlon of ffie Proyerty by ! : . r{'�
<br />_ • • pub:to announamer�t at U�o Nme and ptaee of sate,and trom Ume t�Uma theroafter may postpone the sato by pubOc announcemeM at the tima end I �,.
<br /> U
<br />" plaes flzed by the p�eeeding postponemarn. TrustaB snall delivarto such purc haser f t a dae tl oonv ey n g t h e p ro p e rt y,o r p o A i o n t h e ro o f.s o s at0,but � . .t.,
<br />'"''� : � � � without arry eovenant or Nrarranty,expross or Impiiad. The recitata ir�sucfi Qeed o1 erry mattere o!fact or othenvtsa shaU be condusiva pmof of the �.� - ��_-
<br /> � � . truthtulnaaa thereot. My pe�aon,inctuding Grantor,Trustee or Lend�r,may purchasa at auch seie. � . �.,.
<br /> �� ' ' 21. BEGUEST FOR hOTICEB: Orantor roquesta that a copy of eny noUoe of defauit and a capy of er►y rroUceot eate hereunQer be malied to eaoh .
<br />__;�;�•� • � ��� person vrfio is e psrty hereSo at ltie addres9 ot eucA person set foAh herain et the samo tima and tn the eame manner roquire0 aa though a separate ; • .
<br /> ' ' ' request lhereof had bem ftted by eaeb such parson. �
<br /> � ?Z SECURiiY INTEHE9T UNOER THE UHffORM COM9NERCWL CODE. Thts De2d of Tmst shNl ba oonsidered a flnanc(ng sTatement and e i
<br /> •� • fixwrs fllinp pursuar�t to ttis provlslons o!the Unitorm Commerelal Cade(as adop2e0 i�the state where the ceal property is tacated)oeveQng fl�duros, I
<br /> � cAattefa.and aRi�(ss ot persanal property now owned or hereafter attacheA to or to be used in conr.�on with the Property togofher wtM acry end all • .
<br /> _ � - roptacemer�b thsroaf enC addittena tAereto(the'CAattets").and Orentor hereby grenb Lsnder a EeeurftY interost In suoh Chatteta.7he debtor Ia the ,
<br /> GreMor deserihed atrws. The secured party ia the Lender desaibed abova. UAOn demattd,Gran�r ahatl maks,executs and deliver such secudry
<br />�;,;. � � ' � � aq�menm tas auch term is deflned in eala UnNorm Commerclal Codef as LenQer at erry time may deem necessary►or proper or requtred to gmnt to
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