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<br /> . • thereot,the rental payabl�thereunder, or to chen�e nny renows�l p'ro4igl�na theroin contained; (d)waive nny de4�ult _
<br /> . thaf�undor or bPO�ch t{ierc�of;(o)plvp a,ny consonl,wAlvor or approval ti�orauridt�r or ta6�o Any othor nctlara in connection �
<br /> ti�orowlth,ur with a lo�seo 4iiePeundor,whici�woulci h�vo tho ofioct�9 b�Spt�IPInQ tl�o vnluo ol loasora In►croa4 tl�oroundor oe "
<br /> ' tha propaFiy a�abject ther�tc�,or af Impafrind the posltlan or intereat ot tho Yruetee or Boneflclary;or(f�sell,�sslgn,plerlpo, � � _
<br /> � mortgage er othorwtse dlnposeof,orenoumbar Ite Interest fn eny�ald I��se or any rente,Issuea or proflts lasueing or rislnp � _
<br />- . , thoreunder. � ` � ._
<br /> � DUTiES OF THE TAUSTEE:Trustor agroos ihet;(a)the dutlAS and obligatlona of Truatee shall be determined solsly by �..
<br /> , ti�e ei�prasa provisiony o14i�is Desd o9 Trus4 an�l9fto Tru:,tc�ahnll not bo llAblo exce(�t f�r the pe�formancn of such dutfes �
<br /> and obllgatlons ae are epecificalty set torth herefn,and no Implled covenanta or obligatlons eh�ll be Imposed upon the
<br /> " Trustee;(b)no proof this Deed of Truat ehall ree�ulre Trustee to expend or risk Ite►own 4und�,or othe►wise incur financlal -
<br /> • - obligatlor�in the pertonnance ot any of its dutles hereunder,or In the exercisA of any ot its►iphts or pnwers.N il shall have
<br /> • gr�aunds for believing that Qi�o repayment of suah fundaor adequa4e indemnity sgafnst such riok or liadllity is notreasonably
<br /> assured to It;�c)TruAtao mny conault witl�oounsel of Ita own choosing and the a�svice oi such counsel shall be tull and
<br /> • comptete auth��ri�eti�n and p►otectlon In thH respect of any sction taken or suffered by It hereunder in good faith and fn _
<br /> � � relisnce thereon;(cl)Trustee�hall not ba IIE�bIa ior any actlon taken by It in pood ialth and reasonaWly belleved by It to bo .
<br /> � authorized or withln th�daaeretion or rightfl of powera coniarred upon It by this Deed of Trust. '
<br /> • •, TFlUSYEE'S FEES:Trustor expressly covenants and agrees to pay and cfi3char�o all coct,teea And expenses oi this �
<br /> Deedot'�ruat,includin4lntheuventofsalebytheTruateeofsuchproperty,tMaTruotQe'scoata,expenses�ndfees,wl�Ich •.., �.�;• �
<br />= teas shall not exceed 5500.00 plus V5 of 1�l�b of the amount secured hereby and rema(ning unpnid. � ����'��s���;.��-;���-
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<br /> . SUBSTITUTION OF 7RUSTEE:That Beneflclary may,trom tlme totimo,by Instrument in wrlting,substftute asuceessoror , • � _ �w�a,m,�-_.�;
<br /> sucCessare to eny Tru3tae named herein or actinfl heraunder, which Instrum�nt, executed and acknowlsdged by �,� . . . , �'���:�=:�`—
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<br /> ' ' F,eneffclary and recordad In the oNice of the registor of dseds of the county or countiea where such property is sEtuatad, , �,s�r��-.�;;
<br /> shallbeconcluafvaproofofproperaubstitutlonofsuchTrusteeor7rusteeswhoshallwithautconveyancetromtttoTr�qe�teo ;�. ���`__,��„�t,��'�+�
<br /> '• predecossor,succeed to all f4s title,es4ate r(ghts,po�er�nd d��tEa�s. �"'*"�"�-�°_-.
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<br /> NO WAIV�R BY BENHFICIARY:dJO waiver by Trusteo or Beneflciary of any right under this Deed at Truat shali be �,-�r,v,,;ti;,.____ _
<br />_ effeotive uNess i�wNtinp.Waiver by T�U'stee ar Boneficiary of eny right granted to Trustee or 8eneflclary underthis Daed of �'���
<br /> , 1'rust ar of any provision af this Deed o1 Trustas to any transactian or occurroncos shefl not ba deemed a waiver aeto any .� Ga:�+�..--- __
<br /> � tuture transaction ar occurences.By accepting payment of any aum secured hereby after Ito due date,or by making any f�.N� �a
<br /> � . � peyment or performing any act on behalf of Trustor that 7rustor wes obligated he�eunder,bt�t talled to make or Frertorm or ,, �. �
<br /> -- _-._ ��Q��lr�o�ny�A;�ant A�ma.ip hy 7n�crnp nr eAneticlary to the indebtedness sacured hereby,Beneti�fary does�otwalve t � �
<br /> s��• Its rightto require prompt payment when due of all other sums so secured ort�roquire prompt performance ateu other acis •��
<br /> ;',;t;5�� re�ulred hereunder,or to declere hereunder,a�to doclare a default for tailuro so to pay. ,�
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<br />� : ��•�":,'< WAIV�R OF STATUTE OF LIMITATIOAIS:Tlme is ofthe essence in eII Trustor's obligatioas horeunder,and to theextent 'r.
<br /> � permittod by law,Trustor waivea all present�r futuro statutes of Ifmitations with respect to Rny dobt,demand or obtigatiqn �:x,
<br /> ', ' aecured hereby in any action or praceeding for the purpose of eniorcing this Trust or any right or re�edies hereunder. :�
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<br /> INSPECTION AND�USINESS RECORDS:Beneficlary at any time durfng the continuatlon of thls Trust may enter and ,:*
<br /> inspect such property at any reasoneble time.Trustor agrees that,when requasted by Beneticlary,Trustor will promptiy „q,�
<br /> ` �� ; deliverto Beneficlary such certifiod financial statementsand proflt and lo�s stetements of such types and at such Intervals . . ..
<br /> as may be required by Benoficfary whfch wlll be in form and c�ntent prepared according ta the usual and acceptable
<br /> = ;1";;;' accounting prl�ciples ond practicea, which statements shall cover the t(nar,cial operations relatinfl to Truotor or such `�• 4
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<br /> � � proporty and Trustor turther agrees when roquested by Beneficiary to promptly daliver in writing suoh fw�ther additional r �`�`.
<br /> . • '..S.I.� s.
<br /> :.:.'�•; Informatfon as requirad by B�neticiary relating to any�uch financiai statements. � �a.�^--~
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<br /> 3 �"'��? REMEDIES:No remed��hn�ein provided shall be exclusive of any other remedy herein or now or hereafterexlating by '�����';'.;3��aiJ�,
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<br />- ° Iaw,but shall be cumulative:�Every pOweror remedy hereby glven to Trustee or to Beneflolery orto which either of them may , ;F{T�:�-��
<br /> s be otherwlse entitled,may bo exercised from time to tlme and as often es may be deemed expedient by them,and either of c�,.�.
<br /> _ `�,:5>�: them may pursue fncon�istent remedies,If Beneficfary holds any additionel security tor any obligation secured hereby,it ���'����
<br />- •�;c• may entorce the sele thereof at fts optfon,either before,contemporaneously with,or aiter the sale is made hereunder and �',':'�!�?.�
<br /> - � on any default of Trustor, Beneficiary may, at Its optfon, oftset agalnst any fndebtednass secured hereby, and the � •�t��•
<br />� �;¢'�; ,. Beneflciary is hereby authorized and empawered a4 Its option,without any obligation so to do,gnd without at#ectirtg the �� ������' .
<br /> -.;,:,;;�, ' obligatlons hereof,to apply tdward the payment o"any indebtedness of the Trustor to the Beneficfary,�ny and all sums of � ,
<br />�- money of T'rustar which mey have i� its possession or under its control,Includin�without limiting the generallty of the
<br /> 7 foregoing tany savings account,depasi4,investmont cerilflcate,escrow or trust tunds. �� ".
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<br /> �t .' , � LAW APPLICABLE:Thet thls Deed ot Trust shall be construed according to the Iaws of the state of eb as� . � �
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<br /> ar, j •••j ILLEGALITY:In tho evont that any provision or clause ot thfs Deed of Truat conflicts with appticable law,such conilict
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<br /> ;:,.:,t shall not aftect othor provisions of this Deed of Trust which can bogiven eftoct withoutthe conflicting provislon,and to this �
<br />'�, ;� end the provisiana of thfs Dosd of Trust aro doclarod to bo sevorablo. .
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<br /> ,� . • GEN�RAL PROVISIOIVS:(a)This Daed of Trust applios to,inur�s to tho bonefit of,and binds all paities hereto,thofr haira, � .
<br />� lagatoes,devisees,administratoro,oxecutors,succos�ars and assigns.(b)the term"Bene4icfary"shall mean tho ownor ;
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<br />� and holder�including a pled�oe)of eny note secured heroby,whether or not named es Beneficfary herein.(c)Wherevor �
<br />' � u.e......�e.,�e...e....:.m �he...ee...dlnn nnnan�►.,..���.�oo�►,o�om�.,i�o and nwuter.the sinaular number includes tho plural� ' ,.
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<br /> j= ; and vice versa.(d) Captlons and paragraph heading$ used hereln are for convenience only, are not a part of thfs ��
<br /> s� .. � agreemont,and shali not bo used fn construing it.If more than one person ts named hereM as Trustor,Qach obligation of
<br />�=� � Trustor shall be the joint and severel�ablfgatlon of each such person.The rights or remedies granted hnreunder,or Gy Isw, -
<br /> =�_ � ; shall not be exclusfve,but shall be concurrent and cumul�tive.
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<br /> -�- • TFiUSTEE ACCEPTS this Trust tvhen th�s ueea,OUIy @X@GU[60 Hfttl aVn�wwi�suyau,io niduo o Ni:u:�C�v:�t�:%M:�t'' e
<br /> by law.Trustee is not obligated 4o notliy any party hereto ot pending sale und�r any other Deed of Trust or any ectiun or
<br /> proceeding in whlch Trustor,Boneficfary or Trustee sht�ll be a party,unless brnught by Trustee.
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<br /> Mafling addresa for notices to Trustor: -
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