|
.o;,m :,-�n',rr,. � . . .. :� ..�
<br /> ;•sN �Y'yif�R.�^• . . . t. °-- -„
<br /> a ..__.._......_. _ ,.�
<br /> ._.ne._�. 1'_!�!L—. _
<br /> . __. _ _..._ __- .. . _ _.. . _ .__..__.
<br /> ,., __— _ ___._- __ . __. _..__ . .._ .. _ _
<br /> -. . . _ _. .__._ _____. ._ q .-__ _-
<br /> . . . i� ... . .
<br /> • � . -.
<br /> _ _ . . • �i���y.�. .. �, <j -
<br /> . .
<br /> .�.� -- t'f'IS Mt1TUALLY AC�RL�Ep THA`!: � �`��'j�,:,�r�
<br /> -, uT�O�'ttUt�:�'ru�ar��ndth�o Truntn�ny�cqanorp►ocaedlr�p purpors��balNaswot�proprry,wh�r ornvt
<br /> �t affKSb th��curity f�f�or purparMRg b alNict.tt�e riphb ar�win ol�Ifpi� al XruMtrs>�u�d s1wW fiM ar�'
<br /> Pra�uM�ii nmc�y al�lmi��cMan�ta pr�v�ntorn�oosr�r fa�yd�er�1a ordrrM�atbn ad wah �p�y,a�
<br /> a�thK Yru�a ll�nNbl�cy io hN�by�utlxnixild,wEqwutabHq�Mon aobdo.laoommwnoa��p�o�rinord+Ml�nd any wch
<br /> �cfi�on�wh�M�M btol�pMb�lar�InNTrw�ar�6tMMoM�yorT�uN�tor�rilhorwFlho��twit.b�roiwar�nlof��nyoMMr
<br /> ►�h�,��m�y ot pow�t amnil�bl�ot�onha�d f�nundK.whNhar or not Judpmm4 b�wrNr+�d in w�y�1k�n ar pra�+ldir►�:
<br /> _ _ - � a�iclt��u�r�rE'iw�iiai�ryrrwy�piMrc�rinarv�nsin�ny�cManofprooi�dirrp,a�dM�ia�oun�Mtfw�rNn;sndl�to��uclt �
<br /> �ctlon tAoroln�asMl�►mayMadviNd and nu�y�tN��compronMNOrpa�rlh�W►r�or�ny�oNMrd�kmand�inlMlt�M�Nf
<br /> _ endtor�nyotaidPurposat,m�Y�xpmd�ridadv�nqs�oh�umsafmon�y�wNtt�mayd�nn�c�ry.lMwltMr�not
<br /> '�° Tru�a�pppra or d�N�nd�,Trusbr an d�nand sh�N p��ul cq�t and rxp�nsM of B�Nlctary�nd truiMs,t�r,ludin�
<br /> cost bt awki�oice of tltl��tnd atlorPtay'�i�In a assona6M wm,In�ny wch�atlon or procNdil'�y kt rrhlch&wtMlclay or
<br /> Y�uttaa may epp�ar by vlrtue of bo(ny made a parry dM�ndant or ofhsrvrite��td Itre�psc�Iw of whNhsr th�InMrMt ot
<br /> __�___�_, 8sr�efieiaryorTruate�insuohpropsrtytsdireatiyqi�eationedbysuchaation�includlnpbuts�otltenitedte.a�y.ectl,onl�orthe -
<br /> toreclosure o1,or eaN proce�dinps under�any aecond�ry Ilon on auah prop�rly,condemnati�on or{�artttion ot wch
<br /> property,end any euit broupht by 8en�flciary to Mrecbse this b�!ot Truat
<br /> - CONDEMNATION:All suma due�paid or payabb to Truator�or eny�succsssor In(nterost of Truabr.whethe�by way of �`
<br /> - Judnment,aettleme�t orotherwise�(e)tor�njury ordamsye to auch propsny.o►(b)in conneodon wtth any condsmnedon
<br /> :._
<br /> tor publlc ussor tnjury to suah property or any peR thereot�or(c)in aonnectlon�rith ths tramaetion tiatncsd by the loan
<br /> W- �'� s�cured herabY or(d)aNainB out of ati eeuaea ot aetlon�w!►e�r acFr�+an�bek►re or etter N�e��!tl�+s�e�s+l��'rus� ---
<br /> �
<br /> ---_- �,�ndinq dn lori or cantrac�t.ineiuding eeuaea ot aetlon for tranact�aarmeaimen!o'J a ea�teris�hct
<br /> ��'�� ��IA��eaads�ewsrdaanddtm�t9es,directandconseque�inc�lroctiootl�re�rilhsreherob�absol��`�tyana
<br /> -�.,_;���_�ai:� irr+�vacab7�ar�=rg�ee�9en�a�haUbepai�tm8er.eficl�ry.8eneftciarysl�Nbee�S3t4epi�at�b�,�ptimn,tocomanertee,inten��nefn�
<br /> ---- m�pear in and prosecraia Gn il�ow-n r�me,anp a�ction or proceedtn9.os�o make any�npromf�e or sem�rnt, in
<br /> -- - '�` �nneation wIM any s�ac�h�aking or dAmage.�'ccas2IDr agrees W exeaute s��h turther aaalgnmenla m9�ny compet�satlon,
<br /> e
<br />.a���_---'--- aeyard.damagea,Nghis e�3�rcRion��T�ceeds a��eneflciary msy require. � , . .
<br /> -=�-"�.�"''a Allamountaracelvadby8eneflciarypursuantlothisDeedofTrustunderanyflreoroYhei��aurapc�poitCy.ln�(�qn�ctlor
<br /> �_���.�';�;;'• withareycondemnationiorpublicuseoforinJueyvtoauchpro�eriy.forinJury ordamegetaa�uohhetabyar�►teta�a�p�±li8tllet ;
<br /> ��`��`'�• } theoptianof8eneflciaryuponanylndebted�essme�uredhereby.Theap�f}r,atfon,useorreieaa�al�,icfiamau�t��iA»ot -
<br />- ° �
<br />�-Y�`�'Y'��'&- �''� cure or waive any defauit or�otice of detauit hereu�der or invaiidate any aat done pu►suant to 3ucl�e�t�9iCe. ' . �
<br /> ";4'.��~�.���.� . . ' ...
<br />-`ry�''L',�-�!`°�`���` CONSENT.PARTIAL RECONVEYANCE,ETC.:Trustee may.at any t(me,or from tlme to Nme,withaut IlabNiry fherefore,
<br /> =�,�;,�`�-:::;�•';'�r�;::.;t;r and without noUce,upon written reque�t of B�neflciary.and without aitecting the peraona!Ilabltity of any peraun for
<br /> -.,-,, ':;.•<:�:�'�� payment of the indebtednoss secured hereby,orthe 1len of thts�eed ot Trust upon the remainder of auch property fcr the
<br /> �..F,, , .. tullamountotthetndebtednessthenerthereafte��securedhereby.ortherightsorpoweraolthe8enei�oisryortheTruatee
<br /> '�i�'•"�'~l" wlth respect to the remaUder ot such property�(a)�econvey any paR ot such ro e .
<br />-x�!��"�C•�' ` � � ma or I P P �'h►(b)conseMtothe maklnp oteny
<br />_,.,,� ,.:, .,; ; , p p at thereof,(e)Joln tn granting any easemantthereon,or(d)Join in eny extenalon aproementor any agroemant
<br />��:�;.._�• - t subordinatin thelfenorc --
<br />-,,..,, -F•. .�.� 9 hs►ge hereot -��
<br /> - , ..
<br />_:.:.�.v�;��:,. ,� .� FULL RECONVEYANCE ThaL upon wriuen requestof 8eneflciary stadng thatell a��ma secured hereby have been paid -----
<br /> �•�•=��'� and ali obitgationa sacured heroby have been eaUstacto►Iiy pe�torrt�ed.Tnistee ahaU rocanvey,without warranry,the ��-�
<br />- � � �.f property then held hereunder.Thp recitals In suoh reconveyance of any matters of taot ahail be conclualve proof o1 the �' °
<br />'-��.1�.�,.� truthtuines.a thereof.The g�antee in auch►econveyance may be deaignated ea"the peraon or persons lepatly enUUed ���-=
<br />"�'-��°��� � ���. � thereto".Such�equests and reconveyance ehali operate as a reaasignment of the renb,income, isaues and proflta �"`
<br /> '- `� �" heveinbetore essigned to the Beneflciary.
<br />_ . .�....�:' ::�..
<br /> " "'" RIGFiT TO COLLECT AND RECEIVE RENTS AND PROFITS:Notwithstanding any other ptovlslona hereof,Beneficiary ��."
<br /> ` hereby granb permtssion to T►ustor to collect and retai�tha�ents,income,issues end pro�ls of such property es Me Y����
<br /> � , �_;;,:�:. become due end payable.but resenres the right to�evoke such permission at any time,wlth or without cause,by notice tn � ��
<br /> ..,:� -.,,,. .,��_��'�� writing to Trustor,mafled to 7rustor ai his Iast krtown address. In any event, such permlaslon to Trustcr shall be
<br /> automaticatly tevoked upon def�ult hereunder by Trustor.
<br />. ��`i; '
<br /> 3 FINANCIALINFORMATION:TrustorwiiiprovidetoBene�ciary,withln90daysofthecloseofeachflscalyearofTrostor.a
<br /> ,����.'• consolidated bal,anc@ sheet and statement of eaminga of Trustor and eny and ail guarantora of the obltgatlons secured �
<br /> herebyandwi11provideenddeUvertoBenetleiarysuchotherflnanciatinformationandinsuchmanrterasBeneflclarymay �
<br /> djrect irom ttme to�me.
<br /> '� �INd1NC1AL COVENANT:Trustor shali compiy wlth and shaU cause any and all guarantcrs ot the obliga�on secured i�
<br /> . ;_�.:� herebytocampiywith,orbeincomptiancewith,thetollowingflnenctatcovenants:(Thtaparagraphshalibenon-eppUCSbie
<br /> ;;n;;,,.; if covenants and requlrements are not fliiad in below.)
<br /> , � f ,
<br /> i __
<br /> ---'--- � __ � _
<br /> .�� ;
<br /> . �
<br /> � EVENTS OF OEFAULT:Any ot the tallovring events shalf be deemed an event of defauit hereunder. j
<br /> (e)OetaultshatlbemadeinthQpaymentofanyinstatlmentafp�incipalorinterestoranyotliorsumsecuredherebywhen ;:
<br /> „ � due:or
<br /> �
<br /> - . ° (b)Trustor should�reach or otherwtse be in default under any term.covenant,egreernent, condiUon,or provisfon '
<br /> cantained hereln or in eny buildtng loan agreement or in any other ag►eement secured here6y;or �
<br /> , ; (c�Any repnesentation or covenant made herein,in any bufidfrtg ic�an agreement,or in any other agresment secur�d '
<br /> � . hereby or given in connectEon herewith or any indebtedrtess secured hereby shoutd be talse or misleadiag;or ' .
<br /> % .
<br /> �
<br /> .
<br /> � __ -•.-..............----____...._—___
<br />
|