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<br /> �` F't,r�„`y��q������r�nrty in��ood rr.pair.�nd nhnli nut nnmmit wnsto ar pormit impaumont nr dotorior+ui�n nl tho Propnrty. •
<br /> ,�,n ' � %. If tho Oorro�+or fnila tu:nl mnlntNn o�pny tho prwnlum�fot tha roquirod in::urnnco of Ihn Prupnrry,qr bl poV tnxoo hutun dohnquont,ur r,►pny nny I
<br /> �."r��,J?� rmcunt dua undur o p:iar mort�nqo or trunt dood hoforo dolinyimnt,or dl mmntuin tho Proparty m pood ropnu,or nl pudurm any ol Ihn covonanin rn
<br /> �`_;�;�,�}�}� egrodmaMe of thle Trunt Unc�,thon Landur mny�t ite option pay euoh Insurnnco premiume,tnxoa,mortp�,�a or uubt doed pnymante,or mnka ropnin
<br /> _�...,� nnA dicburoo oucli sums nnd tako ruch��adon na it doom�noconenry to proteut it9 Inturnst w�rhout walvinp ar nifectinp ire rI�M ta der.lnre ur dela�ali
<br /> and eCCelerate the dobt eocured hnroby boonusa ot nny auch fnilure of �he Hoirowor. Any nmounto no dieburood by tho Londnr oltnll connti�uia
<br /> 4 ��ry edditlonal Indobtodnesn ot Borrowor aocur�d by thle Truet Deod nnd ehnll baar interost from tho dnto of dishureoment nt tho into pnynbin under tho ��
<br />_,`,,��=�_-�y N�tn, �Jophln�oontninod in thla pnra�rnph uhnll roquho Londor to moko�ny nuoh dinbureomanto or tnkn nny actloi� whnteoovor.
<br />---- B. Lender mny mnke or onuno to bo in�du rooeonnbte antrloe upon ond�nspecdan ui the Property. '%,'�'
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<br /> 9. Tho pro�oedo of nny nward or clalm for dnmupuo,diroat or conooquonUol,in connection with�ny aondomnouon or othor takinp of thn P�opor[y,
<br /> or part the�oot, or}o�eonvoynnco �n Ilou o4 condemnntion,oro horoby aaclpn��d end shnll Ao pnid to Lander to the oxt�nt ot tho full amount ol th� b�._U
<br /> �
<br /> _ �'� remolninp u��p��d Indnbtednaae eocurad Uy thie Truot Deod. `
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<br />��:-�� 11 the Properry le abandonad by Dorrowor, or if, nftor notico by Londor to Bmruwo►that tho oondmm�or of}ore to muka an uward or oettlo n claim fa �
<br /> i='��e�'"�� dmm�geA,Borrowor fnils to raepond to Londor withln.30 dnye nftur ths doto auch noNco le meited,Londor la authod:cd to colloct and npply thn prnceeds
<br />_.s,.�;��;;; ta the sums sor,ured by this Truet Decd. ���Y
<br />-'-=?���� Condomnation procoods or nwnrds slinll bo croditod to tlio Inst mnturinp�nstnllmonte o}tho indobtodness Aocured and shall not oxceod or poatpone —�--�--
<br /> ._ ,_,. r� �;1;±-
<br />,�;�� the duo dato of the inetailmonts rofarrod to m parnfltophs 1 nnd 4 haraof or chan{�o tha nmount o!sur.h installments.
<br /> vrrs'�i�Y.rsa �y,.:_
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<br /> —�-a.r�aaa 10. If tho Londar issuon a portinl r�lo�no o(thia Trust Dond,tho procuode�ar.oivod thwelor�hall bo oroditac9 to Iho last mnturinc�fnctellmonts of tho _
<br />��'F'S-��� indo6rodnona socurod horoby.
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<br /> � � 11. If Lender oithnt voluntarily or involunterily boaomas a pnrty to any fiwt or logul procoedinp rolnling to tho Proporty,Noto or thlv Tru�t Osed,then
<br /> �"'�"��x�; Borrowor+vill roimbureo tho Londur for aIl coste and,to tho oxtont pormittud by Inw,roasonnblo ottornoy foos incurred 6y tha Londar ralatinp ro suit
<br /> -�-`��i�'%"i ar lopal proaoadinps nnd said sums ahall constitute additional indobtodnose socurod by thls 7rust Deed and baor interoet at the rnte payoble under tha _
<br /> Noto,until pold.
<br />''''��!�. 12, Ao additional socurity 8orro�var doos horoby oasiqn.tr«n�tsr and eat ovor to Lender,in caao of dofeult in the per(ormance of any of the terms or
<br /> conditions of thle Trust Dood, tho Noto, or tho torms of any indobtndnoso socurod heroby, ull of tho ronts,revenuos aixl nny Incomo of c+ny type
<br />"-:3'•'y`+� whotsoever to bo dorivod from tho Proporty,including lend oontrant pnymants. Lender,in person,by ng�nt or by rooeivor,without repurd to the
<br /> �' � solvoncy or insolvoncy of tho Borrowor or tho valuo of tha Proporty,shAll bo ontitled to tako poasosslon of, repolr, rent and manage tho Properry and
<br /> �•'t•'� to colleot tho rents,rovonuos and incomo thorofrom nnd it may pay out ot sald inaomo all oxpeneas of rapnir and cosis fncurrad in rentinp end managing
<br /> ' thc Proparty and collvctin�rnntnle and�nr poymont nf insuranco promiums wlth any romaininp bnlnnoe to bo applied to tho laet mnturinp poyme�ts r___
<br /> ';t. ;�� ol tho debt securod hureby. Upon prosontlnp e copy of thfs Trust Doed and damnnd to uny lossoo,tennnt or contraot purchaser of tho Proparty,such
<br /> ' poraon shall poY nII ronts,poymunts and profits accruod or th�roaftor occruing to tho Lnndor until furthor notica from tho Londor.
<br /> ' �� ..�n�;o.,y r?...,�iti�P..,nnr�y nr any lntnmst thorain ie doodad,sold by land contrnct or othorwlso aonveyed,olfenetod or tutthor encumbered
<br /> , �`���' „ oithor voluntnrily or Involuntnrily without l.ondor's prior writton consont,or if tho Trustor is n corporation and thera ie a c�ange m ownersnip oi o�a
<br /> � or moro 01 tho aorporation's stock, or if tho 7ruetor is u partnurship and thoro Is o chiingo in thn membarehlp or a dissolution at t!�a partnership,
<br /> �l `� + « oxcluding la1 o transfer by operetion of law upon tho duath of a joint tonant or Ibl tho grant of any leasehold interest not containln�an optlun Io
<br />`' ;��.;,��; ' purchaso wfth a lease tnrm ot two yaara or losa,ar�al tho oroation of tho purchaso monoy senudty intornst Iti housoliald ayD��ances,then Londo�may,
<br /> °..�.+��`y'�� at fts optton,daclaro all sums sanurad by thfa Trust Doad to bo immediately due and payablo. In tha nvent tho Le�dor consents to ony euoh chanfle
<br />`.�L� .q.�? In ownership,control or diasolution or trannfar ol oll or any part of the Propurty,thun Londar muy ot its option ad�ust the intereat rote to the prevafling
<br /> ' rate of intorest thet(e ohnrgod on now ouaurod loan�04 tho typo socurod by this Truet�ood at tho timo of tho chenge In ownarehfp,control,dissolution
<br /> '��;_u.�. of transfer snd may aha►pa a tronsfor fon.
<br /> -�- ��.�;�tt t�l. Upon�orrowor's broaoh of ony oovnnent or uproomont of Bon•owor In thls Trust Doad,Including tho covenunts to pny whendue any sums socured —
<br /> by thls Trust Dood,londo�at Itc option may daclnro nll of tho sums socurnd by this Trust Dood to bo immodiatoly duo and payable wlthout lurther
<br />- ,h�„,;.s, domund and may invoko the powor of ealn andlor any othor romodlos pormittod by iippflcnblo low inatuding the right to fineclose thl�Trust Deed�n
<br /> ��••�;r. ,,-' tho mnnner provldod by law for tho toruclosuro of mortgagae on ranl ostnto. Landor eholl bo ontitlod to collect all reasonable coste and expenses
<br /> .,_�,', mcurred In pursuinp such romodios including,but not Ifmitod ro, and m tha oxtont pormittod by low,roasonoblo ottornoy foas.
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<br /> •:������� If tho powor of enlu Is Invokad.7rustoo�hall roaord a notico of defoult In o�ch aounty in whlch tho Proporty or somo part thoraof Ie loceted and provide
<br /> •-:..,� notice thoreof In tho mannar proscribad by applloablo lew. Aftor the Inpso ot such timv oe mny bo roqulrad b�y applicablo law,Trustao shnll givo pubUc
<br /> � '`��`� notioe of ealo to the persans�nd in tho mnnnor proscribad by appliooblo low. Truetoe,or tho nttornay for tho Trustao,without domand on Borrowor, N•„—
<br /> ��= ' ehall soll tho Proporty at public uuotion to tho hlghoet hiddor at tho timo und plaao and under tho torms duslgnoted in tho n�tico oi snlo in one or moie �,�
<br />-�'�'��, poraols and in such ordar as Trustae may datarmino. Trustoo moy postpoao snlo of all or any porcol ot tho Propony by publlo announcemont et the =_
<br /> r' tlmo and pinao o}any provlously sohodutod ealo. Londor or Londor'a dosfgnoo may purohasa tho proporty at nny salo. _
<br /> !- � Upon rocolpt of paymant oT tho prlco bid,Truatoo shall dolivm to tho purchasor o Tmstao's Dnoti,without warranty,convaying tho Propurty sold. Tho ��'.
<br />-_ff r, �
<br /> .�__^„ rocitnlo in tho Trustoo's Qaod ahull bo prime tecio ovidonao of tho truth of tho etatomonts mndn thoroin. Tructoo shall supply tho procoads of tho.rlo rQy'
<br />.:-T�.... � [�-:.-
<br /> -..�- in the following ordor: e)to nll ronsonnblo costs and oxponsos of tho ealo,Includinfl,Uut nnt limitod to,Trustoo'e fooe ot not moru thnn Fiva Hundred
<br />`��;�;T�_:_:,. and No1160(96U0.001 plus 9!2 nf 1;6 of tho+�mount socurod horoby nnd romaining unpt�id, and custs of tiHa nvidonco; bl to nll sums socurcd by tNs
<br />-(°aR:s',="a. Trust Dood;and o)tho oxcoss,if any,to tho porson or poreons lognlly ontiHod thoroto.
<br /> -: =.'•,.:.,:. '
<br /> '''��i0'•�"' 15. Any forboeranco 6y Londor in oxr.rc�emg nny nght or romody horoundor,or othorwfso atforded by appllcablo luw,sholl not bo n wolver of or
<br />...:!i(.`,�,;,i ,
<br /> �_,�_ ptacludo tho oxerclno of ony euoh right or romody in tho ovont of continuinfl or futuro bronchas by tho Borrawor.
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<br /> �.., 16. AII romodios providod In thls 7rust Daad ora dlstinct and cumulaUVO to any othar ritiht or romady undur thle Trost Dood or:�ffordcd by law or oquiry,
<br /> -:r:`�� and moy ho oxercieud concvrrontly,Indapandontly or succuaeivoly. If Borrowor hae givon Londor e chattol mortpogo,or s�curity a�ruemont on pwsonnl
<br /> ^�•�• property os ndditional aocurity for tlio dobt eocurod horoby,In tho ovoni of dofault horoun�or or thurounder,Londor eholl havo tho right nnd opllon�o
<br />'_�=����;� tlret forocloso on sald poreonal proporty�vithout projudico to ito right to thorooftor soll or forocbso tha Propmty or ta pursuo oll sacurity nt tho eramo
<br /> ,�,m";�?y?'.",'` tlme or to pursuo tho potsonnl proporty aftor tho salo o�foroclosuru of tho Propnrty. I'
<br />: '�:'n�`�,:� ` .
<br /> `.'�'��='� 17. Upon pnVmnnt of all oums sacurad by this Trust Doed,londor ahall rnqiwot Trudtoo to roconvuy the P►operty �nd shull surronder this 7tust Daed I
<br /> nnd ull�otos ovidoncln4 Indabtcdnoss eocurod by thin T��st Oood to Truotno. 7�ustoo shall rocunvoy tho Proparty wi�Fiout warrnnty to tho porsonur
<br />'-;?'c pereon�IegnIIY ontitlod thoroto. Such porson or porsons shall poy all nnste of rocordabon,if any.
<br />�:Yi."l'i5�4S
<br />_ a.ti�_ �--�
<br /> `�`"'�� 1 q. Londor,nt LondoYs uption, may trom umo to timu romovo Truetoo and appoint o succnssor trustoa to uny Tmetoa appomtod horoundar by nn
<br /> ':.:!��y'•y`�a�,�
<br />.',,.�,'�i�ii� Instrumont ruaordod in tt�v Cuunty In whinh thfe Trust Oaad ie rocotdod. Wlthout convoyanoo ot tho Pruporty,[IIO 90CCU490f IfU9tU0 BI10I1 9UCCU�C�[O
<br /> -:� al!tiUn,power ond dutios conforrod upon tho Trustoo horoin�nd by npplicoblo Iuw, .
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<br /> °� � -'— 19.ExcUpt for any notiCO�,tlemonas,rOquosis o�oino►commurncm�on�roqu�rw anaor uypn�av�o�no w uo y��+o����.o�.�.+�a�..�o����o.,........o.o........... i---
<br /> °�`��+'r_w'.� Oorrowur or Trustao pivoa or sorvoy �ny noticu Uncluding, without li�nitatfon, netica of dotnult nnd noNco of solol.domonds, roquosts or othor �
<br /> - _� ���'
<br />,�;��=�.�,_ti- communlcatlon with rospoct to this Trust Dood,onch such notica,domand,raquost or othot communication sholl bo In wntinr�un s o 0 0 octvc �
<br />,-;.t� .r vnly if tho snmo fo dalivorod bV Porsonal sorvico or muilod by cartitind mail,posta�o propafd,rotum rocoipt roquostud,addrussod to tho addross as eot
<br /> ,M�,.�n, forth nt thu bogimiinp of tho T�ust Deod. !1 copy of any notico of dotault,ony notico of solo,ruquvod or pormittod ro bo Uivon horuundor,eh.�ll bo t•
<br /> _ +'*" ��' mailed to onr,h puraon who is apurty horoto ot tho addrose eot forth at tho bopinninp of this 7ru:�t Daod. Any pnrty muy al i�ny timo chnntiu rts ndd�ase I
<br /> "����_`:� �,,.e�.,.ti....e,.00�.o.�or�o�����.n�n�G.�n rn rhn nthor umtios hmoto.na oforosnid,n notico of cuah chanqo. Any notico hoi�undor eholl ba dr,omod to ;-.�
<br /> "���.-� hav�to buon pivon to Bormwor or l.undo�,whon��von in tho mannor doefpn�tod horaln. • �
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<br /> , � .,�i.� , 2p.7ho cmonunts nnd apioomnnts horo�n eontalnod shall bind,and tho rights horoundm shnll Inuro to tha ro�pucuvo hmrs,r�eprosontnhvos,3lICl'Q`iY01S �
<br /> � • -v and nsaipns of tho pardos. All covonanto and oproamonts of tho Borrowm shall bo joint and smo�nl. Whonovor rofi�ronco is madn m tho Sinraular
<br /> ,. ,,�i. „�� horounda�,it ahc�ll Includo tho plurnl and tho pltual shnll mcludo tho nlnyular.
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