|
_ �.t�E� `� ' � r ' � . ' ` - � < � ' y. , ,`S `. . �.^ , � _ '.`�
<br /> _ . . �, _ . , , . � �� . -
<br /> . - . . , �7. "�'•.
<br /> � ��, ' ` � .. �P:� - �.. . "4�:
<br /> .. �.� _ . 95�- �QO��� �; . . , ° �.
<br /> _" ' . �'6 ' '. • , ' � . . '�' .
<br /> . -�; �, u , . lendertoprotectthasecu►i�toftheHota(�)thepert�crmaneeotallcoven�tsandagresanecs�qtotT►ustorsettorthherein:an4(�al1 �. ' . -
<br /> i � f ' ' �}gaROwgt.(or any ot them it mare tltan one)to Lender i�Ptethet dlrecL indirec� �;., �� ` '�`
<br /> •.� . '. ,� .� ptesent end Nture inQebtednss.9 artd obttgattoas overdraft or oiAesv�ris�The Noi�ttris Deed of Trust and erY snd 811 �. •` . , -
<br /> $psotute or carittngeni and�rRether arising by not�,guatantY. �,`. �
<br /> _ . , � atherdocusrdsthats2curetheNOtaoro2hanviseexes�dedinconrtaCUantRerewiU►.inciudingwithoutilmfffitiDnguarantee9�88cu�ity t � , r
<br /> agreements and assignmenis.o![eases and rents,shalt�reterred ta herein es the"Loan tnstruments'. � ' :° ,
<br /> .T r t t s t or covenants and egtees witR tsndec as tott0ws: , ti . .
<br /> . -. t. Ps�nt ot tnde4'��.Alt indebtedness se�cured he[e 0y s A a t i tr e p a i�w h en d u9 and�rarrants that Ute lien ,� �� , � .
<br /> 2.TRta Trustor is the o�erner cf the Property l�as ths right and auUtority tc convey the ProA�rg►. . ' . �
<br /> R
<br /> -� create@ hereDy is a first and priar lien on th9 Property.excsRt for liens and ecscumbrances set tort�bY T►ustcr i[►wdtIng and ----
<br /> _ . �,-=.--._�_ �liv¢re�tQ Lender hetcre 6xeautiore at�is Qee�!ot TrusL ar�d the execution anddetivery of this Oeed of Trust daes not violate anY t — _ _ ,
<br /> - � . J-""�-- conUact or atheP obliga�on to which Triistor ts subject �
<br />- . - ` ���IW,�tten�To gay betcred8finquency ail taxe9.special assessments and ell other chargss agflinst the Prope�'tY --- .
<br /> . � ' now or he�eafce�[evia3. ' , - ' .
<br /> '` %�"' 4. Qt=uc�II�.TokeBpthePtopertyiRSUredagainstdamaSsbyflre.hazardsirtcludedwithinffiet�erm"extendedcoverags'.an4 . _ . _
<br /> ..s- - such other N.azards as Lendar may requFre in amounts and with comFanies aeceptabte ta[snder.craming lender as sn ad�itional t' :
<br /> ' � named insured.�rith toss PaYabte tfl the tender.tn ca�ot tors undensu�D��o�e'ins�ur�anrce p�o�ceelid(7 to anY aeb�ness . . . : ,
<br /> : compmmise,a1lctaimsthereunderandshaUhavetheoptionofa�pry' g • ° ..
<br /> ` secured hereby and in sucR order as lender may deffirtnine,tu)totrte Tru�or tQ De used tor the repvv or resroratifln.o!ttie FroFectY , : �`:.. �
<br /> . � or(iii�toranyotherpurPos9orubjectsatistacta�,rtolenderwithoutaflectingthelierlotthisDeedofTrusttorUtefullamoun!&ecured . . :,,h,:�::•s,.
<br /> �� hereby betore such Rallment ever tQOtc p[ace Arry apAlication of proceeds to indebtedness s��t e�rtd or pestpone the dua
<br /> - ' . ���nY p3yReenb under the Na2e oc sure any default thereundar or hereunder. • . _l_-•r��
<br />- '� �.., � EsCto�lfpnn written demand Dy lender.l'rustar shal{pay to Lertder,in such�rtanrter aslertder maydesignate.sufilcient '�y��;;;r�,
<br /> , � s��p�1e���rtp pay as tney become due one or more of thatotia�rin�(�ailtaxes.assessments and q m r cha e��� •.,4�-
<br /> , �� �` , the PrcpertY.C�tt►e premiums on the property insurance required hereunder,and(iu�the D�emiums cyn any ar�qaS ,�;,,,�._-_�
<br /> _ . . required bY tsnder. .--���
<br />__ �.f .. �. .. . . 6. �nt�a.RfFat�s and C��'�DOanee e�tb Laws.Tcustor s)►att Reep the Propertlt in gaod coreQition and repair.shal! i�ti.. -
<br /> `, . • • p r p m p t i y re p a ir.or replace any improvement which may tre d2maged or dastroyec�shall not commit or permit artY.shal �t c� ;,•�"'—
<br /> ' : .. . `
<br /> ' • det�adDratianDf.tt�e Property.shail rtot�ecaove d emo iis t►or s u b s�n ti a i t y e l t e r a n Y o t t t t e i m p r o�ements on Ure PcoReri�r
<br /> ._ de,a �¢ ----��--��-�-- � -
<br /> ' ' comm[;sufferorpermitar►yacttobedonainoru�f6nttr�ProDertY�nviolationofanylaw.ordinance�or.rBSulaHoryBndshraflpa�l_ r _
<br /> • . , " ' Drpmpttyj discharge at Trusta r s c c s t end ex pensa alt IienA,encr�mbrances and char�es tsvEed impased ot esse9sed al3inst t�a s;,,_�
<br /> • ' PropeR71 ar any Cart tttereot . '°',�
<br /> � 7. E�in�at p�aUt.lersder is hereby assigned aI1 campensation.awarda damages art0 ott►er paymenis cr reliet(Rereinaf�r �.,".---
<br /> . . _ , �pf��9'�in ccnnection x[itR condemnation or other tapcing of the Property or part thereot or tor comreyance tn lieu ot w� _
<br /> - ' - condefnn3tion. Lender shali bs entiBed at its op.tion to�comm�nce.ap�e�r in a�P���in ita cwn name any 3�tio�s vr _ _�.��
<br /> � : prooeedings,andsRalletsobee� o�nordamag�ed.lande shali avetheopuQnnnits�soe�andabsntute�iscre�Uo�ta�DAhF
<br /> , � eventangpcRionoltnePropeRy'
<br /> ' at1 such Proceeds.after deducUng therefrom ell costs and expenses incuned by it in connecdon�ith such Pcoceeds.upo(s enY
<br /> � � � ind8Me4ness�secured hereby and in suCh order as tender may determine or to appty ailsuch Proceeds.after sush deduCtfons.to
<br /> . ' . � the rest�rdtion osih0 8 the due dat9 Ot a y P Y1ments urtdE tthe t�tota Ot Cure s�Y de'Fduit thet under orher9eun derBM�y unaPP�j� .
<br /> rtot eutend or p tp
<br /> � , tunds shali be Raid to Trustor.
<br /> ' • g, ���by�K•�►pon the occurcenca of an Eventot�efault hereunder,or if any act[s mtcen or tegat prcceeding
<br /> commenced which materiat►y aNe�lender'sinterest inthe Prope�tY.Lender maY ir►itisoWn discretion.bulwithflutobligation todo
<br /> - � so�and wtthout�to�ce to or demand upon Tnistnr and w�thout reteasing Trustor irom any oDttgatio�.do ar►Y act which T�usiar has ,
<br /> _ .--._...�.._._.. _ 8greed but fails to do and maY atso do amr ot�er act it deems neeessaiy to C�o�ect tt►e secuMY hBreaL Trustor shali.immedia�ety
<br /> , upon demand theretor by lender,pay to Lender all costs and expenses incurred and sums expended by Lender in connectian witA
<br />� � tRe exercisa Dy Lender of the foregoing rights,together witn enterest tt�ereon at tho defauit rate proviQed in the Hote.�nEGh s}ta11 ti9
<br /> � added to the irtdebtedness secured hereay.Lender shal►not incur ani�iabpity because of anym��9�t maY QQ o►omri m Qp .
<br /> � ' hereunder.
<br /> • . - 9 �ays�Trustor Shall kee0 the PropeRy in compliartce with alt applicatile laws.urdinances and reSufaUO� �%
<br /> "` retating to lndu5tdal hygiene or anvironmeMdl Orotection(coUect�vety reterced ta herein as"En�ronm2nffiI l.aws'�•Trustor sRtl �,"�
<br /> � keeptheProperiyfreet�cmattsuDStancesdeemedtobehazardousorWucunderanyEmrironmentaftavrs(eollecOve�yt�der�eQ�D �'__'._
<br /> herein as"Ha�vQous Materiats"�Trostor herehy warrent8 and represents to lender that tneto ara no HazBrdCU9 MaferiaL9 0�o� _ _
<br /> : _ .a �����@pra�,Trustprherebyaflreestoindemn'�tyandhotdharmtesslender.itsdirectors.oNiceraemptoyeesandagent�land ��-,
<br /> • . any guCCessprs to Lsnder s interest Nom and against any end ait ciaims,damages.lo�es 8nd liabilitEes at�,ltt$�E F RETO Q �'' ��—«
<br /> • , � . '� �a��n�.u�.disppsal or transpoA oi•any Hazardous Materiats.o�.unQer,irom or a�ou4 the Propert�t• �`�`�.�':_,i„°� _
<br /> WAiipANT1ESAtdOREFAESEMATtQNS.ANpTRUSTOA'S08UGA710AlSPURsUANTTOTHEFpREGOiNt3lNDEMNii1f•SHALL �..
<br /> '.t . �.i'.41,`
<br /> �;� � : � SURVNE RfC�NVEYAHCf OF THIS DEED dF TRUST. , �'.
<br /> �. ��, �tn�tt pt R�ttts.Trustor hereby assigns to lender the renL4,+ssues 8nd proTib of the Property:proviQed ttfat TN5LOr _
<br /> •.' ; -.:
<br /> . .�
<br /> ' ` � Shaf I.untlthe eccurtence ot 8n Event a1 Default hereunder,hav0 the rightto coltect and retaln such rents,issues and profits as e�l . ,�:,�r
<br /> deceme due and payable.Upon the occurrence ot an Event of 0etault f.ender may.either in person or by agent��U er w►thout , ,
<br /> , . . . : bringing eny action u:Droc�e�o e Y or any Part triereof,nbb own name oW in ths nilme of Ne Trustee a a any act9�wt�tCb it � ' `� ,'J ��
<br /> _ � . u�O n a n d t a t c e p e s s e s s i o n o A ri Y t h e r e a t o i i n t a r e s ttherein. �
<br /> d�ms natessary o►desirable to P��^�e the vatue.ma►k e t a bi�i t y or r e�u i ry o f t h a P c o p e rt y.o r a n Y p a r t
<br /> ,.' ' • inerease the 1RCOme theretrom or protect the securiry hereof and,wim or withaut taking possessien o�e�De����0 ' . �
<br /> � othen�ise cattect 4he n�n�.issues art d Dro f i t s t R e r e o t.i n�t u d i n 8 U►o s e P a s t d u a a n d t m D�d.and eDD�Y
<br /> ''6 • ' exDenses of o�eration and coitection inctuding attorneys feea uDon any indeb2eQness secured hereby.aU in suCh order as Lender .
<br /> � � may determine.The entering upon and taking possessien of the Property.the coltecti0n of such rents,issues and p►ofits and the , .
<br /> , ' r s�o�nset sucbdefauitorp uan t�osuchno ceofdefautand.notwithstandingtRecontinruancein�possessiono the r4DertSlol • .
<br /> ttie couection.recelpt and apD�lcatio�af�ents.issues or protts.and Trustea and Lender shal{De entiUed to exercise svery rigl�t •
<br /> .�r• � pravided tor in acry o1 the Loan Mstrumenffi or by 1a�r upon occurcertce a18ny Event o1 Qetah t�be cum u ati e wth,and n o wayha �
<br /> : j _. to exercls9 the power of sate-Furtl�er.Lender s right9 and remedi�rs underthis paragrap
<br /> � Iimitationon.Lende{gd9h1san4remedis9under8nyessignmentoftease9artdrenbreCOrdet12gainsttheProperlytenQet.Trustee � � .
<br /> n � end the receiver sn�11 be liabte to accouM only tor those rent3 actualty receive�
<br />- '°� . », E�p�pN�uIL The tot►ouving sha11 constitute an Event o1 DQiauit under this Oeed ot Trust
<br /> - . (a�Eailure to pay any instaliment oi principal or 3nteresl of any o2her sum secured t►erebY vrhen due: i.
<br />_ � � , � � (b)A hreacb of or defautt under any provision cantained in M8 Note.this Qeed otTrust Fu►Y ottho�aa��n53ruments.or eu►y ��
<br /> � �� oitier tien ar encumbrance uFon tRe ProAe+iy. _
<br /> (C)A writ ot execu6on or attachme�t Or any simildr prOCes9 ShallOe vntered egainstTrusiw wrtCh shall beccme a lien on `
<br /> the PropeA!!ar any portian thereot or interest thereln; � . � �
<br /> � . (d)TRere shall be tited by or against Trustor or 8otrow@r an acUOn unde►any present or luture federal.siate or other
<br /> � � s�ltute taw or regutation ce'.ating to bankruptcy,inso�voncy or other ret�et for debtars;or there shatt Ea appointe0 anY truste0. ;
<br /> � `• .� � receiveraNiquidatoro4T►ustor�r8orroweror�lalforanypIItleltheProperty.ortt��rents�,issuesotprofit9thereot.orTrustar �
<br /> . � . . or 8or.awer sha9 malc9�n1t general aSSi9nment for tho Denefit of ereditpr9: of or any interest in tho , .
<br /> (e)Tho sate,uanstet.Iease,assignment,cunveyancs or fuRhe�encttmbrance of a'1 or any paz1
<br /> � proAerty,ait2�ar votunYarity or invotuntarity.v��thout tha enAress wriKe»consent of Lender,proviQad that Trustor shali bo
<br /> _•�. . • � permitte0tvoxeCUtaeteass oftheProperrythatdoESnotconY3ir►anopuontapurchaSeandthetermotv�nichdoe9noteaceed
<br /> - — —___ --- ona�e�: � -
<br /> 1 (�AbatsQonment o!th0 PropBrry:Or ' ' "_." _ _ "._.
<br /> i
<br /> . .. � . R
<br /> . � _ ..
<br /> • . � -
<br /> , � - . _ _
<br /> .- .. ----------._ -..-.. --- - -�_ _ �
<br />
|