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<br /> ° " v1Q. FLJ("J[!!'.`�P,Sii�;?S!.".�'tSYJ. (?rcnior ch^II pny NI t���e�cnd nss3r^_mento rotatin�to Praparfy vhsn dun er.d Imme�lately prdvlda lsndzr
<br /> cv;Qcnc�ot p�y��icnt o4 ccmo. Upon sho rcc�u:�t of I.cncl�r,(�ran4or chcll d�pa�lt r:itti l.cndcr a^c;i rnontti ono•c�.�Iti1(1 J12)09 tPi�c�tli7r.t,t1 cnnucl
<br />_£, , ineuranco prumlum,toxca ancl a�:os:rnenla pcRQlnln�ta 17o Prop�r,y. 3u InnU co 1h�w la na cicicult,fh���arnaunsa chc!I bs c�pllcd ta th�p:ym:nt
<br />. :,, „, ui f�es,esa�ss7erta und Insur.:nra nc rcqu;rcd on tho Prop�rry. In Sho evont a}datcult,Lendsr ehall hsv�th�rlght.at Ita�af�opt;on,to appiy th�
<br />=_:�i�ts�k;.�,;.:�: fundt sa hPt�to pay�ny tuca or�p�lnat th��bllpetlan�. My tunda pp�liad may,a1 Lend�r'e option,b�appll�d In rev�rtu orcia of tfls du�d�n ,
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<br /> � !f` IIdSPEC7IQH OP PRQP�RTY, BDOKB,FiECOR09 AN�RERORTEi. Lirantor ehdi�Ilow Lcnder or Ite aymt�to�x�min��nd In�R�ot th�
<br />-�'N='�F•-����•� • Propnrty and 9xunfn�,lnep�ot and m�k�copin o1 Qraator'e booko�nd rfcord�p�rtafnlnp to th�Prap�Ry irom tlm�to tim�. Orantor ehaf provld� .
<br /> ;'•�•�.���_�`;��� any�Nlet�nw r�quirHl by Lersdsr tor th�s�purpoNe. All of tho elpnatuu�and Intorm�tian containM In QrantoP�buoks�nsf rroord�ohaU ba ��,�-�;;,;ry
<br /> g�nuin�,uus, �c�urai�and campiets In�e11 resp�cte. Orantor shall not�thd oxl�tone�01 Lender'e ben�flcid Intenet In Ite book��nd aoords
<br /> �-;���c�;,�;,t� p�rt�lniap to th�Pirop�rty l4dditlomliy,Or�ntor ehdl repoa,In o form�tl�f�ctory to Lcnd�r,r�ich Intormatlon ca Lcnd:r m�y requ-�t reprrdlnp - ., ,.;
<br /> --- (3rMntor'�tinand�l condHlon or th�Prop�rty. Th�IMorm�tion�h�ll W for�uch peripcl�,rhsll nfleet Onr►tor'e noord�u�uch tlm�,�nd ehali b� ,�.,�9���.
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<br />`'�"""°+��'� nndK�d with wch�nqurrsey��Und�r may deaipnnto. A!1 Intormatlon tumish�d by Onnmr to Und�r�h�ll b�uu�,aoouret�and compNte In�11 ::,.�=-_�
<br />_,'���-� r��at�,�nd slpn�d by Orantor If Und�r roqwet9. `''�"`y��
<br /> .,,��,,,,,�. 07. EST�PPE�CERI'IFICATES. VNthln bn(10)daya oftar any requat by Lsndu,(irantor oh�ll delN�r to I.cnder,or any Intm�w tr�mt�rN of ��„:;_�;K'
<br />'-__+� �. � �� � L�nder'e dpht�wltfl nap�ct to th�ObA��tlons,s sipned and acknowledDed etat�ment ep�cltylnp(e)ths out�tandinp baiance on M�Obllp�don�:�nd
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<br /> (b)wh�ths:Cirsntor poaseases any cta ma,defenaes,eet�oNa or counterclaime with reap�ot to the QbtlDetione end,it eo,fhe mture of ouch cta�ms, .,;t•�;-�r�'
<br /> _'� �;���••� dNens�o,s�t-0tta or oount�rcidma Qrantor will de conclusivdy bound by any nprosenution that Lend�r may make to th�Int�ndM tnnsf�r�s with r�•;•.,: °.
<br /> .r '• raspocl to t�ase mattars In the�vant that(irantor 4alls to provlde the requeated atetement in e tlmaly mannor. �,`'-
<br /> ' '�'vi��,. �. ��:� 1�. DEFAULT. (3rMtor ahall b�in d�tault und�r thI»Ueed ot Tniat end ths Tru�ee'e pow�r ehnll hecoms op�r�Uvs In th��v�nt Mae(irMntor, �;. �� �-�
<br /> � '�? , ,:� Bortow�r or�ny puarentor o?the Obllpationa: ';ss�=�
<br /> (a)falte to pay any Obltyation to Lender when due; ,..
<br />;,�..�.:�I, _. ��; (bl lafia to peKorm any Oblipation or br�achea nny wnrrenty or covenant to LenCor contelned in thts Ueed of Tmat or nny othAr present or futura r�
<br /> :., ...::;�<::. a�re�m�nt; i..x:�:�:,;-
<br /> .-, .,,.;. (o)duatroyr�,loae�or damaflea the Property In nny materlai rospact or eubjects ths Property to seiture,conilsoatlon,or condemn�tian; � a2"�µ_'
<br /> .+r;��;;�j�;• (d eaaks to revoke,terminat�or othawlae IImIt Ite�Iabllity under nny Quaranty w Lend�r;
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<br /> ,:;�',°;t,••.=. , (e;diee,b�comes Iepl�tly Uoumpstmt,is dfsaoived or terminated,bocrome�insoiwrn.makas an aealgnment tor ths beneilt of cnditore,fnila t�a �fi.�._,_Ty.�
<br /> '�'�,;'=":,.. ::�6�` pay dobta ae they become due,Htes.�petition�mder liie/ederat bankruptcy tawa,hnn un fnvaluMary petition in bflnkrupiGy illod In which drantor, �f�;>1'i,f;
<br /> r;;-' � ' Bortt,���r or an usrantot Is named,or hea property talcen under nny writ or proceae ot couct; � � s 1�••
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<br /> �,<4" (� sllow�pDOds ta ba usW,tren¢ported or etored an the Froperty,the possat�xlon,tranaportatlQn,or use ot urhich,le Illeyal; � �' _.
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<br /> �• ;;���.• (g)allo►v�eny party othot ihan G�a��fur or Qatrotle:tn a°euma or urtd�rteke any ObliDatlon without tho wdttm conaent o4 Lender,or
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<br /> ,� �.,,� (h� cavses Und�r to dNm ItseH insecuro du�to a afanlficant decline In ths vNue of ths Property;or I4 L.emder,m pood faiin,iar any�eaoon. f ��' -,
<br /> , •t v� boll�vas thatth�pro�pac:ot paymcnt or po�tarmnnce la I mp e l r o�. �
<br /> • •�: • 19. RIOHT9 OF LENOEH ON DEFAULT. it there Is a dafault under thle Deetl of Trust,Londer ahall be entitlod to exer�ciee ane or more o!the [[
<br /> foliowiny nm�dl��withuut notic�or d�m�r�d pxapt aa requlred by Iaw�: ���=y�
<br /> • 'r' (a)to d�ctus the Obilp�tlona Immediatety due and payable In fuil; �-_
<br /> ��' �.s (b to coll�ot th�out�tandinp Obilpationa w�th or without roaortinp to judiclal procesa; �"���
<br /> (c�to reGu!re L�r�ntor to deltv�r and mako avallabta to Londer any pereonal prop�rty or Chatteia oonstitutinp the Prop�rty at a plaa nuontbly `,._';:;...
<br /> ,. ..� corn�nl�nt ro arantor�nd Und�r: ___--'
<br /> (dj to�nt�r upon�nd t�k�potaisilon of th�Prop�rty witt�out applylnp tor or obtalninp th�appolntm�nt of a realvsr�nd,Rt LYnd�r'f opUon,to
<br /> • • appotnt a nafwr wlthout band,without firat brinpinp sult on tha Obtipulone�nd wlthout oth�rwl��mNtinp eny�tatutory condltian�rsp�rEln�
<br /> � . r�lv�n.it bNno lnt�ndad thtt l.snd�r eh�ll htv�thle Gontraetusl rlpht to�ppolnt s nalvee; :,-=_-
<br /> • %�"j` (�) to�mploy o m�na9lny�y�nt of th�Ptop�rty md i�t th��am�.�nnu�n i rumi�awn nam•,ir�i��:��:n:af l..:sd:r ar!n!!se nesr�^!
<br /> '� Cir�htor��nd nalw fh�nnr,Incoma,law�and profit�of th�Propsriy nnd�pply th��am�,nft�r payment of�II n�aswry chup��tnd ,,,;_
<br /> expmsa�.on r000unt o}tho Obllpa�lom; �--.-
<br /> • . •�q' (f)to pay�ny wm�tn�ny t�rm or mann�r�Nm�d�xp�tll�nt by L�nd�r ta prot�at th�s�aurlry of thls Deed of Truet or to cure any dofault oth�r ,_.
<br /> � ,:�. � thm paym►nt ot Int�rl�t ot pdncipal on th�Obllpatlons; �.�.
<br />�� ' ,j, '.:'. (q) to toreclos�thi�DNr!of Truat Judiclatiy or nonJudiclaliy and to dirsct th��alo ot the property throuph sxsrcla�of ths pow�r of eal�as ___
<br /> •� • roftrenc�d In par�nph 20 h�roaf In acccord�noe with epplicebls law; ."ip""�.
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<br /> (h)ta Nt�oB�3rantor's ObIlpNtiarts�paln�t any amounta ow�d tirantor by L�nd�r Includtnfl,but nat IlmitW to,moni�e,inttrum�nt�,and d�posit �e.
<br />--;�••-.`=�.,�:, ti,. account�mdnuin�d with I.�nd�r or ar►y curronUy�xiKinp or futun affilint�ot Und�r,and '��..+S
<br /> ; .` ,..;.;�;;�. (�)to ox�rcla all othu ri8hta nvaflobls to Lender und�r any other wdttsn agre�m�nt or nppiicabi�Inw• `-�,---
<br />': ,�„ „�. ,,�,: Lend�r'n tlpht9�a cumulatiw and msy be�xsrcid�d top�ther,soparntety,and In any ordsr. In ths svent that I.�ndn Institut��an aatton as�kinp th� � :,
<br /> :� u . ncowry ot any of the Propsrty by way o}e projudpment remody In an notion apelnet(irantor,O�nnto!waiw�th�potdnp ef any bond which mlpht „�,:;;:,
<br /> - � � uths�wlae be required. lender or Lender's deafpnee may purchase ths Property at eny anle. Proceada of any TrustN'e ael�h�reundsr oh�l bs ;. y..,
<br /> '� ` � eppi!sd firet,to ths costs nnd sxpenass ot exsrclalnp the power of sats and of L`.°sata,includinp the payment of the Truat�e'�fe�s aotually incurr�d
<br /> ;>:�,-.;.,• •�, �nd not to�xc��d the amount which may be pro�ded for in this�eed of Trust,second,4o payment of the Ob1lpaUona e�cured henby,thlyd,to the
<br /> �_-,.�: ,���:r:.. ., payment of�unbr truat de�d�,mortpagas,or other Ile�holders,and the balance,It any,to the peroon or pereona legalty ontitied Mereto. The property
<br />-- :,•:ti.-,�y • or any port thuoof may be aold In one parcel,or In such parceis, mannar or ordet as lsnder In Ite eole dlscretion may sieat,and om or more
<br /> .,:;,,.,,� . exerclaea of the power herefn grnnted shall not extinpuloh or exhaust the power unless the enHre property In sold or the obllpationa ere pald n fuit.
<br /> � 20. TRUS'fEE'8 F�ERCISE OF POMIFR OF SAI.E dN DEFAULT: Upon defauit by Grnntor In peyment of nny Oblipntlons eacured hsreby,Lender
<br /> `. ���' �:; may doclu�a�l s�amo eacursd h�nby Imm�diately due and payabls end ahaii cauae to be tiled ot record a writtsn notice of defauit end�t�otlon to astl
<br /> .r�,., , the Property. Att�r ths lapse of such Nme as then may ba requlred by law to�lowing recordation of such notics of detault,and notice of sale hnvinp
<br /> baen piven as then requlred by law,7�umee,without demand on(irantor,shatl sell such pruperty,either as e whote or In separate parceis,and in cuch
<br /> order as It or Imd�r may dstermine at�ubllo auctlon to the hiphest bidder. Trustee may postpone the sale ot ell or any portion of the Pro�rty by
<br /> � publto nnnouncement at ths tims end p ace of sale,and trom time to tlmo thereatter may poatpone the sale by pubi►o announcemont at the t rrro nnd
<br /> �� , , :`•�.°,;, place flxed by the pncedlnp po�tponement. Truateo shali deliver to such purchaser Ite deed conveyInp the property,or portlon tharsof,oo sotd,but
<br /> . wlthout any cov�nent or warranty,sxpnas or implled. Tho recitals in such deed ot any mattsrs of taot or othsrwise ahall de conclusive proof of the
<br />:,;a. 's truthfuinsan thereot. Ar1y peroon,Includinp Ornntor,Truatee or Lender,may purchasa at such asle.
<br /> 21. RE�UEST FQA C�OTICES: Ornntor requesta that e copy af any notice of detault and a copy ot any notica of sale horeunder be mailed to esch
<br /> ' .r-• peroon who la�puty h�roto at the addresa of such person eet forth herefn at the eame Nme end In the samo menner requirod as th^��oh s separate
<br /> � •� nquut th�rwf had b�sn filed by eaah such person. :
<br /> " - ?2. �1ECURi11l INTEFIEST UNDBR THE UNIFORM COMMERCIAL C00& This Dnd of Trust ahal!be considsred n financfng etat�msnt nnd a ,�,s�
<br /> � •. .� fixture fiilnp p�reuant N ths proviilona of the Unlform Commerclal Code(ae ndopted In thn etate wh�rs tha real property Is lacuted)covsriny tixturea, •�
<br /> , : chatt�b,snd erNcfse of peroonal property now own�d or hereafter e�ttnched to or to be uaed In connectlon wlth the Property topether with any end all
<br /> � repl�ic�m�nte thsrw}enJ additlona th�rsto(the'Chattei�"),and(irantor hereby grante Lendor a security Interest In auch Chattels, 1'he debtor Ia the � ,
<br /> ' .� Grentor dNCrib�d above. Thn s�cur�d paAy la the Lender deecribed nbove. Upon demend,Cirantor ehall mnke,execute and deliver auch eecurity
<br /> �� aynemmt�(a�cuch t�rm is d�tinsd In sald Unlform Commercinl Code)as L,ondsr at any tima may d�em necessary or proper or requlrod to gnnt to
<br /> Lendar a perfeated eecurity intereat in the Chattela,and upon Orentor's fallure to do so,Lender ie suthorized to stgn nny auch ngreement es the epsnt
<br />� of drantot. Gran4or h�aby authoriioe Lsnder to ilie tinancing statements(as such term Is dstined In aald Unitorm Commerolal Cads)wlth reapeot to
<br /> � tho Chatt�is,at any tim�,wlihout th�slpnaturo of(3rantor. Orantor wlll,however,nt any tims upon roquest ot Lender,slgn cuch financing etntoments.
<br /> � Grantor wfll pny eil tilinp tees for the fillnq of cuch finnnCinp statemonte and tor the reflling thereot at tfie timea requlred,In the opinton of Lender,by j �
<br /> � � satd Unftarm Commerclal Cade. M the Ilen of thls Deed ot Trust bo subJect to any securlty agreement covering the Chettels,thon In the evunt of any i
<br /> 4 wltN tho be e it'ot nny depoaite or'paymentstntow ntlhereatte�ade tfiereof by Oflantor or the p ed ceasorelorhauccessorealn�ttte ot drentorontthe
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<br /> � .,;.�: Ptop�rty. ' •
<br /> --- 29. HEIM6UNSEMENT OP A#AOUNTS EXNENOED BY 1.ENDER. Lender,at Lender's opHan,may expend funde(Includ�ng attorneym'tees and legal �
<br /> �' " oxpansea to pe�form any eot requlred to be taken by Orantor or to exorciae any right or remedy of Lender under thls Daed of Trust. Upon demand, �
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<br />" =�- -- ---`� r..n.,w��immndin�etv nlrteburse Lo�tder tor all such amounta expendod by Lender tagether.with Interest H�eroon at the lowar ot the hlphest rate t�,
<br /> T�•�iw w:r•w�h�ll !u —
<br /> � describsd In nny Ubllpation ar the hiphest rate Nlowud by IAw from the tlste ot paymens unm me daie oi tolttfiiutomi�o�n. ----
<br /> Inctuded In the definlUon of Obligutions hereln and ehali be secured by the beneftcial Interest grnnted hereln. II the Obtigatlana are pald after the ,
<br /> � bepInnfnp of publicatloi�ot notice of eale,es hereln provldod,or In tho event Lender shali,at Its sole optton,permft Cirentor to pay any pari of the
<br /> Oblfpntians atter the bepinnlnA o}publicatlon of notice of sale,es hereln provlded,then,Grantor shall pay an demand all expenaea Incurred by the i
<br /> � Trustae and lender fn connectlon wfth satd publicetlon,Inciuding reseonable aKOrneys'fees to tno attornoys tor the Truatea and for tho Lendar,end u
<br /> roasonable teo to the Trustee,and thla Deod of Trust shatt be securlty for all such expensoe and teeo.
<br /> " 24. APPI.tCATiOH OF PAYMEH'f3. All peymentn mede by or on behelt of(irentor may be c�pplied agafnat the amounta pNd by Lender(including
<br /> - nttorn�ys'teea and Itgd exp�naen)in conneatlon whh the exorclae of Ite rlghte or remedles descrtbod In thla Deed of Trueu and then to the payment ,
<br /> o}the remnfnlnp Oblipattons In whnt�ver order Lendor choosos.
<br /> • 2b. POWER 0�ATTOHNEIl. Qrantor hnrsby appolnte Lender ae Ita ettomeyIn•taot to ondotse (3rantor's nnme on ali Inatrumonte and other
<br /> • documente pertsining to the Obllgutlons or Deed of Truat. In additlon.Lender shall be entitled,but not requirad.to peAorm eny actlon or oxeoute any
<br /> document required to bo takon or exacutod by Grentor undor thls Deed of Truet. Lender'e porto:manco of such actlon or executlon of such
<br />- clocumenta shell not rolleve firantor irom any Obllqatlon or cure any dafault under this Dood oi Trust. All powore ut attornoy doscribed In thlo Deed of
<br /> '� Truat an coupled with en interest end are Irrsvocable.
<br /> 2d. SUBtiO(iATION OF LENDER. Lender shell be aubrogated to the righte of tho holder ot any provfous Ilen,aecurity Interes�or encumbrance
<br /> �. � dlscharg�d wlth funda advancad by Lender re�nrdissa o4 wh�ther thea�Nsne,seaurlty Intu�sts or other enoumbrancva h�ve been rsteas�d of record. I
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