y. . ..w� . . . , .. �.�.. �_.._.. •::�:.h"r. «-..t :
<br /> . . � �r.-_ � . ` ��. . . . i�c -� ' ... ' � ".4. � _r-� . — - - . . . -�i � _� � c�:.
<br /> " .�., (�._ �` , '+ �,. `r' ' _'` ; . ..f ,C. ..V . .�. _'O ��.4.� � �
<br /> . 'c :� �- • . �,4 i� 1 � a � _ �` " .� . c . . .
<br /> .. l•hc `eV• tt�� � _ �'�.�.!'�a�:.,�.' `���0�� ` . ` ' 'Y�
<br /> . f,` � . './�'`;Y
<br /> .': Y'' ' , ther@of.tRe rQnta!��ya�ta tRersund�r.ar to cPtertg�any[enswat provtsEana tharain�onte�in��;id1��vQ�y��udi ,_ . f.�.
<br /> � .. `.°';��;�: : EnsrF�und�rorDre���ti�sreo�;t�lAtvaanya�r�sar�.a�aiveroraparovalth�raunderort�k��nyot�e►ac4tonin.cannecttan
<br /> , � �� � • .t4asrev�itP�or�►ithates�a�t�tbreunQor.w�feh�srowtdhavetRe�de�ta9tmpairingthovatu�a64te�o�inb�r��4tt�ea�undt�rc�, .
<br /> � •� `�� ��'° thepcoper�ys+r�jsctMereYO.oro4tmpai�ta�gthepositicnarint�+restottheTruste�orQeneflclaiy.,or(f)&�it.es�lgn.pt�dg�
<br /> ��
<br /> ;���`,�....::._,�, �� ` rttoctgageoroiherwise�tspnseoi.oPenaumDerttsin4ere�tirsanysaiBteasenrany►�nts.tssue3crprotit�(ssuetngor�t�Ing ,
<br /> � _ � thereund�r. � � . - ';;..:
<br /> :.. .F�. . '; . . . .
<br /> DtjT(E30FTHETRUSTEETnistaragrsestl�a�(a)4hedutiesandobiigatiort�olYrusteaehai�bed8temtlneds+otetyDy . ;
<br /> ' � � ,� - `4 � the express provistons otthts Gesd ot fruat sc�@ th�Tnratea shaU not b�Uabi�exC�yt[ar th�pefiorte:ance o4 euch duties � ;�, ,-. �
<br /> - �'. -.5 �' and obltg�tlons ea are sp2ei�fcafty set 4ortn herefn,and(to impitEd ccvenanta or obl3gattons dht�ll be tmpased upon t� :
<br /> ``- -- � � - Tntsiea;(b)no preo7th€s Dead of Tn�s4 shali requireTrustae taexp�r►d or risk i4s own funda,or othervYtse irtcurtinartciat ��•`• �
<br /> ' -j ,`�-` obfi atEonintfrtepsrQornnan�e�9sr+yoiit3duttc�hsreundar.osintt�e�rcigeolBnYatd�,a�ghtsarpavQers,ifiYShaiihave _-_`
<br />_...� :'.;�::. $
<br /> gromids4orbettevir�gthatthoropaymentotsa�htund�ora�equatein�emnttyeg�instsuch�iskorliabitityisnaz�easonabty ��`'
<br /> assured ta i�(a�Ttustgs mey consu[twith counsel of its own cttoosing and tite advic�olsuch�o�nsei et�all b�htil end � ,,, .
<br /> --� - -- r-�:°� comptate aut7►orl�a4Ion and protection in ihe respect of any actlan taken or suf�e�eaf(by it hsreu�dar i�r gca�ta�l��d in _----
<br /> reliance t#�ereon:(d)Trust�e shatl not he tIabte torany 8alton ffiker�by it in good faith and reasonabry 6elteved bk it to be . "°°�-°
<br /> ., -- � aut�orized or witfiin ttie des�r��on or ngine of powers cantsrr�d upon tt by thi�Q$ed ot Tntat .
<br /> � 'tHUSTEE'8 FEES:Trusior expressty covenants and agre�to pay and discharge sp cos4,tees and expeesss of this �
<br /> - . , ���� DeedofTrus�inciudingintt�aeventolsalebytheTrusteeofsuchproperryl.theTrustee'scasts�expensesandtees.which
<br /> `'( �. . `' ` � tess sliaati not exceed$500.00 plus!fi of 145 of the amauM secure�ha4ehy and rematning unpaid `
<br /> . . t , , . ��
<br /> � SUBSTITUTtONOFTRUSTEE:ThatBsrteficiarymsy.frorntimetotim�byinst�umentinwrl�ng.substitutsasuc�e�soror `
<br /> � ��� ' succassot9 to any Trustee named herein or acting hereunder.wt�fch instrument execute�and acknowledS� bY
<br /> . � ' ,';;;:'�` - � Berteftciary and recordad ir�the offtce af th�regi�ter o1 desds at ths ceunty or couMles where such prope�rty is situated► :
<br /> • ".. shatlbeconclustvepraofotproporsubstitation�fsuchTrusteeorTn,►steeswhoshaUwilltoutconveyancetromtheTiust�s
<br /> � ' ::.; .' �. , edecessor succe�etQ f�a�l its ti�e.estate�i��ower and dut�es. .- ,
<br /> ,, . , , :
<br /> , .� �. ._;..��,-... .�:... ..._ . __._..._.. _., _�.,,,..-� ---. _ ._...._.._. ._ ._.._...._._ ..._.._. .------�--�---...----� - - - -- .. .. _.;.,_.,. _ _ . ....... ..._......_ .. .._
<br /> in ._; • ;'.'; .� : _.
<br /> ,f t ` I;r��s����4 � NO�q.�g�gir�EDVEFtCiARY:No watver by Trustea a��aneffciaryr dg any�c,T�!u��s�'w'T�s��ed of Tniat shall bo '' .
<br /> ���:':.����,�`':. � effecbv��tessin�ng.Wafve[OaxTrusteeorBeneflciar�¢�r�r.�rfgt�tgras�ledt+�Tc�s,�r�ert�ficiaryunderthtsOeedof �c ;; �
<br /> . �';:Y���j�`,��.�� �. Trosto�ofanypravts�o,�ofthisDeedofTnistastoanytra¢t��o=o:�.ua�sba�s7aa'�!c�otbetteemedaWiaivera�toany r;;r::
<br /> .��•;�-',.. . , . • ' . -,__�.:�:
<br /> :- .:" ;" .����,.,,,,: futuret�nsa�tlanm�t��rences�yaccePlingpayrr�entecY+�,sums�ger�y�tf4�u�date.orbymaidngany
<br /> f � `�'i,ts`.,:.;;� � Payme���rgertorminganysFtdn��liaifofTrustorthatY�Z+�rasohli8�lhere�cm.+�����1�f�amakeorasrtortamr
<br /> �
<br /> ° ,<�-,,.°.. .-�yy f�-Vaust�se��naflciar�:"��t�debtednegssecuredlin�c�i.�r�acfarydoesnotwaive Y��:;
<br /> � .-m'�i..�t`'it: $� :.
<br /> �• . ,..�� ���.�{r�',�'"` � it��tg9rt4�requirepromptpaymentwhendueo4apothersumsgosecuredorto,requirepromptpe�ormanceotatloffiS�acTS-- - rl
<br /> {.�n�;,
<br /> � ' : •� �equared hereunder.or to.dectare hereund�r.ortp dectare a defaul�tor taiture so to pay.� ��_�
<br /> . � WAIVEROFSTATUTEOFUM�TATIONS:TimeisoftheessenceinallTrustor'sohllgatiansP�ereunder.an�totheextent .�"�:
<br /> ' � � - � penmitt�d by law.Trustor waives all present or tutu{e statutes oi limit��ons witt►respectto any deb1.dsmand or ohligaUon �r_-�y�
<br /> '�`'���� "' secured hereby in any action or preceedint�tor tha purposs a!entorcing thia Trust or any right or remedies hereunder. ___ _
<br /> _ , .; . . � , _-=--
<br /> • ' INSP�CTION AND BUSIHES3 RECOfiDS:Beneflci�ry at any Ume durin�tt�contfivatlon ot tMa Trust cnay onter and —
<br /> �.`.�;,•;� ., tnspect such properry 8t any reason��2e Ume Trustor agrees thaR wnen requested by Beneflclary.T�ustor w(tl pramptty = -__
<br /> � ' � detiverta6eneticiarysurficertifiedflnanoialstatementsandprofltandtossetatemantuofaucfitypes8ndatsuchintervata _y.=
<br /> � as may,be requir�d by Benefl�tary whtch wtll ba in tartn and cQntent prepared according to the uaual and eic�ptabta _ .__
<br /> . � '� ::«., accounUng princip�da and practtces.whEch statemenb shall cover tfie rinanelal eperatlons r�etating to Tnistor er sueh —_
<br /> - �- --s= pcaps+ty and Trustorturther agree9 when reques4ed by Benei�aiary ta pr����i�toa,it�trtdtItt��tCQ fti�theraddittonel �
<br /> • l� ' - '��a�ti'�Iii't�.'t�f.J{Sii
<br /> � .���, i�ormation a�requlred by Beneftciary relaUng to any such ilnancial stet�� �������3 .
<br /> :: .. �...... . � .
<br /> :�:.���'::.i.'-i=';r.'� � PP�° �, -� . a �--:•.% -
<br /> :. ,t,:�. REMEDIES:No�emedy herein provided s ha l l be exc tus ive o f any o t h e�r��r�t n�i��1`d w ti r A e r e a ft e r e x i a tl n g b y
<br /> � � Iaw.butshallbecumuEative.Everytipowerorremedyherebygiventotrustaeorto6eneflciaryartoMfifchettherofthemmay
<br /> � � � �� '� beotherwi8eentitted,maybeexercisediro�+timstotimeandasoftenasmaybedeemedexpedientbythem.andeitherof -
<br /> � them maY pur�ue tnconsiste�nt remedies.!f eenefictary holds any addWon�t security torany obfigatlon secured hereby.it
<br /> � �'' "" mayent�rCethesalethereoietitsaptton,eitherbetore.contemporaneouslywith.oraRerthesaletamadehereunderand =_
<br /> -- `�����`• ��•' � on any deiault ot Trustor. Beneftciary may.at i�mption. otfset against any In�ebteQne�.s secured hereby.and the , ___
<br /> k `' "'�'�`` '�F . Bensftciary is hereby authorized and empo�vered et ita option,wiUeout any obligaQlon so to da.and without aHectlng the =
<br /> - - otrlfgatlonshoreof.toappsytto�rand4hepayrrtentofanyindebtede�essotth�Trustortothe6eneflciary.anyandatPsumsot =_
<br /> . . : money of Trustdr whtch may have in ita possession or under its control�inctuding without IimiUng tha generality of the =---
<br /> . � � foregoirtg any savings account deposi�investment ceR3tt�ate,esarow or trust funds: .. � �=`�=
<br /> . : �„-_.
<br /> - . �r.,,.,_,.-
<br /> : � �r ' LAW APPUCABLE:Tha4 this Deed of Trust shall tre Construed accordir�r,�ta thQ:Id�rs of the state ot NQ�� • �:,�=
<br /> • ��
<br /> . . . ;,,a
<br /> — °' � ILI�GALlTY:In the event that eny provlsion vr clause ot this Deed oi Truat car�Sl"rcts with applicabte law.such confltct •"';�-
<br /> � shaQnptafteclottterprovisionaoithisOeedofTrustwhtchcanbegivenefleclwlthoutthecontiicUngprovislon.andtothis �;�,._
<br /> � : end tha provisions of thia Deed of Trust are dectared to bo severable.
<br /> �� GENERAl.PROVIS10N5:(a)ThisDeedofTrusteppltesto.inurestothebenotitof.andbindaaiipattfeshereto.theirheiro� �
<br /> � � �_• legatees.devisees,gdminisUators,executors.successoro and assigna(b)tha term"8sneficiary"sha11 mean t1r.�owner
<br /> � � and haider(including a ptedgea)o!any note secured hereby.whe9her or not named ats Beneticiary herein.(c)YYhsrever . ,;�.
<br /> � " thecontextsorecluires.themasculinegenderinciudesthefeminineandneuter.th9singutarnumberirtciudestheplurel.
<br /> . . � � and vtce versa.(d)CaDttona end par�graph,headtngs used herein are tor conventence anfy,a►o not a part of thts
<br /> � agreeme�t,and shetl nai be used in conatruing it 9f more tt�an one porson is nsmed heretn es T�ustor.each obligatlon at
<br /> • � � T►ustorshailbethejointandseveralobligationoieachsuchperson.Therlghtsorremediesgtantedhereunder.orbylaw, ,,
<br /> - shall rtot be exclusive.but shall be concurrentand cumufative. , ,
<br /> ' . ,;;;,;�;�;;:�:� TRUSTEEACC�PYSthisTni�whenthisOeed.dutyexecutedan�ackrtowtedged.ismsQeapublicrecordasprovided ��.
<br /> � . by fa«-Trustee is not obligatgd t»rtotiiy arry party hereto ot pending salo urtder any other Qee�of Trust o►any aatton or
<br /> ' ' ' ' proceEding In vrhich T�ustar�Ba�6flciary or Yrustee shall be a parly.untess 6rought by Tru�tBV. '"` _
<br /> - � � � ,� Maiting address for notioes to Trustor. � � ��
<br /> - . . . t . '
<br />
|