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<br /> �'`, •`�i� r�'•-' /S TA�tES AHD ASSES8Bf1ENf8. Qrarrtor ahall pay att tasas 8nd e�mertls retadn9 m PtapertY when dve end immediffieN Pto�Qe L9ndet 1 r.., f
<br /> a.�.� .
<br /> eviae�eo or paymom a eame. tl�+me wa�est o�teaaer.Gtantor�+eii deAo�twith Lander each tnonU�one3waH9►�i/t?a of the estlmated annuai .
<br /> �� i�uattCe Dtemium,ta�ms and assessmertts pertalning fo!he Ft�Perty. So tong a8 there la no deiBUM.thaso amOUMs sttall Os eAPNed to tRe pay�tte� � �;.,;••. , ..` �-
<br /> �` ;� ` `_'•' of 4nms.e�ertts and(nsuranCe es cequired on tha Fcoperh►. in t�a evern of detault.der's oPVon be. eDPtled!��evacse ord�er a4 the due�da� - - ��.`..��.:..�;. �'�,"''
<br /> q . ��-...-;`• (uRds 8o held Lo PS1►enY�BS ot e9a►nst tA9 ODQgetlon.9. MY tunds 80A���Y. fi�: � �,
<br /> ty , a � ,�.
<br />.. . YV'1.'. .--� _
<br /> ,<..a_',�. l A i S P E C Z I O R!C F PA O PFRN.SOCK9,A�ADS AKD EiEPOEi'1� (itantor attail ailow lendar ar its agetda to exemine and trapeet the �;,_. •.� ,. . .-
<br />�'��v` �s. . -'� ` Propeny an0 exemine.U�sPeet and mat�e copl9s of GsentoYs baok�and�eeorda permining to the Proparty fram tima to t ima t 3 r a M o r st�ef!p r a v tde ` .::,.� .. _�- .. .,
<br /> any a�nee reRukred bf►lendar tor these putposes. NI of the aignaflne8 end irttom�at[on�ined in dra�fa baoka snd�eeards ehall be < �� �
<br /> �Ag 'i' _,� �.
<br /> �' ape�Nng�Rropetty, l+��nafy/.�tirarrto�r BshaH rePcrR(n����► lendet,auch irtto�rtriatfon as Le�ndet ma71�e4��8 � �_ , -
<br /> <t J ` Qrentat's flnandffi eondlrion ot the Rope+tY. 7Ae intorma�an st�all be tor such pertods.shalf reftect Grantor's retos�s at such time.and sha�1 be 4 ��
<br /> :.:�_,r...y--.� render�with sueh tre9uency as Lender may de�tgnate. Atl intortnadon tumtshed by tiranmr to lender s�ali be trus.eswrate and�snPtete in al! �",� l �: .
<br /> _<..:'v •. raspec�.and stgned D5►Grarttnr if Lendar requesis.
<br /> x .:''�i 17. �3TOPPEL CEATIFICA7E8. Withtn ten(t0)days efte�ar►N rec►uest bY Lender.Granbor shafl deUver to tendet,ar atry itrtertded trans(eree of "� ., Y�:�.,r _
<br /> ;�>;',.-i-.:...r,_:.:.�,-.:�:;
<br />_ `�.,,�`� ��''° l,eneers d8rits wrttt►re�eect to me omigalion9.a stgned�a aduwNnedged s�er^er�t speatying(el u►a autatanaiag ea�ance oe n�e obngauon�end _ . _ _
<br /> r.K � �: (b)�tte8ter titentOt posse�es at►Y daims.detet188s.setoAs or 6����t�iffitlo �Lan��r mall m�to ths irttended�transferee vuitli
<br /> .;, deferues.set�of�or cour�rdaims- t3rartmr vd!!be oonct�sivery � �
<br /> , ,�_: oespeatm U�e�matters in the eveM that Grarta�fa,�s to provfds the requaated sta�ment in a tlmety manner. . �� :-C,
<br /> :•`<r.,. :'. 1S. �EfAtiLT. Gret�tor shall be in defae+lt under Ws Oeed of Tnist end tTre Tmstee's pawer shall become operaUve tn the evert fhat(3ranmr. , �
<br /> ,` Boao�+er or 8iry guarar►tor��dm tenQet when due;
<br /> ` =• � � : (����� or breachas arry wartsr�ty►or eavenant to Lender�inad in this Oeed ot Tn�at or arry other preserrt or tubue ; ',,
<br />- r . (���B.I�S 10 pBROIif�ffi1j��U$S1�Gi1 "
<br /> � P< y� ,
<br /> � ; (o��,tasas or damaSes the Properry in enN materiai cesPea or subjeets the PropenY flo seiwre.eo�on,or wndemnaUon: -4- ` s r . y
<br /> , r�`i� J -_ (dl 8�to[evoke.tenminffia ot othervrise itmit its Ifability urtdec enY S�arertfl to Lander, r - --
<br /> . ,-U.;.L�.. � . (e)dies.b eeomes t a g a►h f i n e o m p e c e r�t,(a dissotved or tsrminated.hemmea insotvertt.maices an a�ignment��fi l e d in�whtd(3 r a rt o�r, ~�;. 9,:;-�
<br /> _ , r .�.- pay debL9 as they bacome due,files s pe�on under the tederal banlauptcy laws,has an immiur�ry pstW ' . , _.
<br /> �, Bortoerer or arry guararttor ia named.or has property taken urtder�writ or���ttffilon.or use of whieA.is�ragai: _. �
<br /> , � : (fl e9�rs SQOdsto be used,VanaPo�sd or stared on the PraDert�►• - -
<br /> �• � . (9)��eJ1YP�f►other�anQiaRmror6orrowertoassumeorundertakean!lOiaiigaltonwift�outfltovrtittencortserjt�flender,or �,`_ �� ,�
<br /> �
<br /> � " cmuas Lender to deam itseif ir�are dua tu a signiftcant�in the vffiue af fhe PropertY.rn ff Lender.in good feith.tor ar►Y reason. � >, r ,
<br /> ``, a� �teuesffiat�eprospedotpayn�artarpertortnanwiatmpaired. - ""`
<br /> - 19. RIQiiTB OF tEliDER OH OEFA!!!-T. N there is a deTau�und�is Oaed at'fnut.Lender sha116e er�tled to�se one or more of the �Y� � �:,
<br /> ` '• toilawin9�emedieawfthout nodce or demand(axoePt as�equ bll 1� .. t�c.%:•
<br /> '`°"� (a�to dac�ate the ObHgations immediatetY due end payable In tuik �z u s•
<br /> '` '" (b)to cottect the outs�nding dbUgationa witA or wfthaut res�mtln8 to Iudidel proces� �
<br /> ' � (c)to�quire arantor to deUver and maJce avatlaDte to I,snQer ar►y pe�anal propeny or Chffitets oonsdnRing tha PropertY at a place reasonably
<br /> ;. ,,,� + °.:
<br /> �•:,,ant to Qrantor end Lender, " �'''f �
<br /> � `'• (d��e�rtar upon and take Pos�sian of the Property vuithout aPAhlf�9 tor cr obtaining the appointmertt ot a recetver and. cond�tt�re8atd�n9 � '` �''�t�,�'
<br /> '` '` `.� a�oint a�ecsiver wHhout 1mnd.without flrst bringtng suR on tha 06Qgations end without otherwlse meeUn9 anf►s�+��Y ,
<br /> < •. �, �'�!. r�;t,� ••"
<br /> �•� �e i': rer�ivera n 6eing Ino�ded itfat tsnQer sha(1 have this co�ae�d8�m aP�m a re�etv�; � ' -�� _-
<br /> `P� (e) m empfoy a m�n9 agerrt ot the P�°perry and Iet the eame,eNhar tn T�usme's own nsme,tn tne name af t,endsr or in tho name at r ; " ',r a �
<br /> Grai►tor�and mceiva�a rerns,(n�mes,issues and proftta of tha Propetty and aAPhl�e same.a�r paymeM ot atl ne�►�� „ = '�� .,
<br /> _.,�. expenses,on aocouM of tha ObBgatlons: � ` . �
<br /> ga
<br /> ' � ` (��P85�'�Y a u m a i n a r ry t a m f o r m a n n e r d e e m e d a x R e d i e n t b y L e n d e r t o protect tha seeu r i t y of this Oaed af Tn�sY or m cuce arry detauit other _`..;�h .n. y,..,' ; :
<br /> ,:.; r��,�
<br /> " than payment af tr�tecest or pNncipal on the Obligations;
<br /> ' .� !`' (gj to totedose UIIS�ad af Ttuat IudiCielN o►t�m t l�I r 1 9 Q Y an d t a d i re C l ihe se19 ot the pr�erty thmugh exezise of ttte power Of sale as r f � ;� �:'
<br /> �' reteteaaed tnp b�hereot in aaocotQance�appticabte taw: - - '� ?�
<br /> . . ,z:.° .. ' �
<br />� �. . Qf)to setoff t�ranto�Cbligatlons a9atnst anyl�urRs owed Orar�tor by Lender tnetuding.but not Iimited to.montes�InstrumeM�.and QeposH ::'.,•.S:.f f s�.•� .,
<br />'�`� '� '�� acce�u►tamffir�InedwNfilenderorarryeutre►�if►exis�ngortuwreaftiUateoftsnder,and . ':��;.. t
<br /> -�{;.. ementor noebtelaw. �'`�`� � '�
<br />�: _ (�to execcim�all othet dghts avatlabtato lender ucsQer a�ry othe►wdtten a8re aPV _-;����,
<br /> .. � and m ba exercised together.separateh►.and in arry order. tn the everR Ufat Lsnder insHwtes an actlon seekin9 tha =�,,,�- •'�
<br /> Lender� ete wmulattve af►
<br /> ; ,, rto�overy a�a�ry of tne FroPenY bfl w8Y ai a pceludgmerrt remetly In an aadon a8ainst(irar�tor.G�r waiva9 the costtn9 ot airy bond whtch might : ;,��r ;'
<br /> � :. �. . theTM4lB9'efe9s�1ly 1nCUrted r,;
<br /> a9ienMse ba re4uUed. Isnder m Lsaders desiSneo maY p�+r�a�e the Property at any sata Pcocee�atarry trust6e's safe hera�mder�faA be - ',�. °v: ;
<br /> , - ��pited ffcat,W�tu�costs and aapenses of exeatstng ths power of sale and o�the aate.im#uding ttra payment o1
<br /> � '�r��s- ..
<br /> =:� ;:�:.:,��,: ena�rot to exaeed the amourit whicA may ba provided tor in thi�Oeed at Tnist.seaond,to PaymeM of the ObIIgatiarrs aaued hareby.lNrd.to 9re �`'� '�'=
<br /> ;...� ff any►,tc tne pdrson ar persorts Iega1N e�tttted fhareto. The property : � .Y�:
<br /> Pa�eut ot lunbr uust dee�.mo�e agea.ar og►er IierfiotQa�s.ana tha tratenee,
<br /> � ; ��. -%� ararry paA tliereaf may be sotQ In orre 1.or in sucb pareets,manner er aRQar as LenQer in Hs ��ttl9a e oD�on�s are patd n tutl.ore _ c'� �
<br /> :�i execcEsae atthe power heretn granmd I not exdngulsti or exhause tha Power untess tha endre property 8� y :
<br /> ` ,: , '�-` a0.�iUSiE�B F�ff.RCIBE OF PdWEH�P BALE OH OEfAULT: Upon defauR by Qrarttor In pay�nent ef erry Obifgattona sswred hece0y.lertQe► � . ,
<br /> z '.-. m a y d e c t a re e t l s u m s s e c v re a h e r e b y I m m e d iate l ydue and p a y a b te end sAalt osus9toieco r d a Non o�f au�cb n o U�o l�d e t�s H,m[Q a o t i�a f Q s a t o�a v l n 8 i''. ` '..
<br /> � tlia p r o p eriy.A ft e t ffie f�o t suq�time as tfien may bs rsquir�d by!sw to!lowing , • ` • '�� :
<br /> . :�'� b e en g i v e n 8 a t h e n t e q u i r e d b Y l a w.T r u s t ee.wilhout demactA on tirantor.sha11 sali sueh DroABnY�ei9ter as awhote or in separat�P a r a e f a a rt d in s u c h V.,... -�e _..
<br /> � .^�� o r Q e r a s i e or tender m a y Qetermine a!vuDtio auetlon to tAe highest biQaer. Trostee mayl p�ne t he s�t e a f e t l o►a r�y►P c rt i o n o f t h e P�w e►t Y d I► .
<br /> � pubGe ennouncemeM at the tlme ancl piaca of eate,an d i r o m tlme t o t l m e t h e�r m a Y O�P o n e t h s s e f a b y p u Etio enn0unoement at ihsl jma end . , ` -� :-
<br /> !. ��
<br /> p t a�fi z e d b y t he preoe�in g p o s t ponemern. Trustee sha11 deliver to sucA puraAaser ila deed co m re v i n8 the ProPenfM1 or portlon tfiareot,so sotd.but
<br /> � , wttAoH arry cavenant or wartanty►.exP�or implied. The recitals in sud►d e Q d o f anY m a tt eB o f f a c t a r o t h e n e A s e s t�a 116e condu�ive Pcoof of ihe ` ` i�
<br /> ' :;,,', trutlttNnessthereat.My person.inctuding Ormttot.Truatee o►LenQar.maY Vurchase at su��ta , � _
<br /> 91. REnUEST FOB NOTtCE& tiretroor requesfs ttmt a copy of amr noUce of defaiM end a copY ot arry nodce of saie hereunQer be ma(led to eaoh : ,� ,:
<br /> f � ' peraon who le a pa�ry hereto a1 th0 address°f such per�°n set taN�hereln at the sama Uma and In the same manner requtred as thovgh e sePmate
<br /> ���' ���. �`:�` � �equestlhereof had been flted by eacb sud�person. `�,� � :' ; .,
<br /> ac �
<br /> _.�'�' ?2 SEWRtiY INiEiiE8T UNOER TF1E UNIFORM CONIMERCIAL COQE Th19 Qeed of Ttuat shall be cansideted e flnandng slatemeM snd e .._ ,
<br /> fl�urofitng purs�antto the provtsions of the tfiNortn Cammeceial 0ade(as adopted in the s�whare tAe rea1pro erty is la�ale�oovaring f�turea,
<br /> c�tets,and ardcles of parsonaf property now avmed or hereafter atmehed to ar to ba us�d In aonnee�an wtt�the�eny together with arry er�1 atl ,� �•` :
<br /> � ' replace�nonts thereof mM addftlons tt�ereto Me'Ct�attets�.and Qrantor hereby 9rants l,ender a�ec�ufty tr�rest In sueA Ct�attela The dobtor(��e ,. -. : : . .
<br /> s make�execuD�end dalivar such seeuf4tY �:•..�.° �'�.:
<br /> � Qrantor 4esaibed above. lt�e secured pany is the tender desstbed abova. UOOn Eemand.Qrentor hai� Y .:' '�;
<br /> ?.. ' � ��`. agre0mer�(as suoh tertn is deflned in said Uniform Commeretal Code)es LenQer at azry tim0 may deem ne�arN pr proper m requUed to.g�artt to °�•;.. .,,. :, :
<br /> - :.:• s
<br /> " . Lendar a pedeate0 seartfty interest in the q�attela and upon Qrairtor'e falture tc do so,Lender te autllaAzed to slgn mry su�h e9reemeM astfre ageM � , �
<br /> ,•! a!Grartmr. G�aator hereby authoA=os Lsnd¢r to flte flnancing statemerrta(as such term Is Qetined in satd UnHonn Commercdal Gode)wiU��espeelto .
<br /> °� the�ets.atenl►Ume.withoue the etAnaW[e ot Grartmr. Qrantor wiif.hawaver,atar�Y tlme apon�eques!of lender.sign aueh tintinNng etatememts. . �e
<br /> t:. retmngthereotattheUmesroqutred bY
<br /> prarKOr wIp pay e1f fliing teea tor the flitng of sueb flnanolng amtamertts aaa for the ,In the opinlon ot tende�. N,
<br /> � satd UnHorm Comcnerdal Ccde. B the lion o!this Deed of Trust be auDlect to anY seaidtYagreemeM�veAng tha Chauots.then In the evem ot arry . : _ ;
<br /> -;`,: . .``� - defaull unQer this Qeed ot Tmst�a11 tria�ight,tlite end hroerast of OreMOr 1n and to anf►and all of the CAffitets is hereby asstgned fc Lender.togethar . . ., •- _
<br /> ?: '• •' • . „vfth trye pe�sfit o}arry depoatb or paymenls now ar hereafter made thereof by OraMor or the predecessors or su�in title af Orantar in tho ,`��� - . •
<br /> , prcperty. ` '
<br /> 2� pE�INgUpSEMENT OF AMOUDRS EXPENDED BY LENDER• LenQer,at lendefs opdon,may expend�unds Qncluding attomeys fe�and fegal
<br /> NT ad n,sf. upon demend, . ��
<br /> ` '�� `. expensosl to petform any aat re4uhed to 6e ffiken by Qrantor or to exerclse anyl dght or remedy of Lender unCer thla� of T .. , .
<br /> : ' f�rarmrr shall irtimeAiately relmburse Lender tor all euch emourrts expendo0 by Lender together wNh IMe�est N�ereon at the tower a!the highest�at9 g,`;
<br /> N
<br /> � .'��} daseciped In any Obli�aNan or the htghest�ate ffitowed by law irom the dffio of payment urrrtil the date af►elmbursemertR ThesO sums shaU be ,•.
<br /> t se
<br /> inetuded in the defln1tTon of ObflgaHorts hereln and shalf be secured by the beneticlal IrNerest grar►ted herein. tl the Obtt�atior�s ere peid ffiter the -�
<br /> '::. r:.�"�:%. bo�tnning otpubfIcation M natloe af sale.as herein provlQed.or in the event lender shatl.at its sote optlon.Permit aar►{or to PaY�Y P���s =
<br /> ' Obilgadons aiEer tha beginning at publlmUon of notice o1 sete.as hereln ptwlQed.then.Qrantor shall pay an elemand all e�penses inenrred tiY tha . . ., : :
<br /> _�..' . Tnr.stee an0 Lender in wnnection wttR sald pubticatlon,ineiuding reasonable attomeys'teea to the attnmeye tor the Trostee and fot the lenQer.and a �..^.:�:.. • •��'�:_.-,.
<br /> � � ceasonabte fee�ffi0 Trusbae,and this�esA a!Tnist Shail b0 sacurlty tor ail sueh expenses end fees. ,, •
<br /> . 2q. APAUCATtON OF PAYMEIYi'S. All paymems mad»by or on DehaN of Grantor may Oe appqed�nst the amoume pald bv l,ender pnduding �. "
<br /> - .; '��.:, . r��..� .�.. a t t o m e y s'f 6�e n d t e g a l e u p e n s 6 s)i n c a n n e c H a n w i t h t h e e x ercfse ot its 8 g hts or remedies doscriEed n this Oeed of TNSt and tfien to the payrtter� , ` .': , �'
<br /> . o t t h e re m a l n i n g O O t i g a t ions in whatavar order tsnder choases.
<br /> ' • 29, POWEA OF ATT08NEY. Q�arttor hereby appo1MS Len der as i t s a tt nm e y-i n-f e c t t o e n d o r s e f 3 r e M o r's n a m 0 o n a i l 1 n s V u m e r n s a n d o t her
<br /> doe�ments pertaining to 1pe ObBgations or Deed af Tnut. In addiUon,leadei shafl Ee ernttted,but not required.to perform arry ecHon or exeaR�enY r
<br /> . 1 documetn rer�u lre 0 t o oe t e x e n o r e x e�b v C u e M a u n de��s ��i�st. LtnQcr's perfoimance of sud�actla►ar ezeasUon of suCh -,
<br /> �•s, � .�:� �, daameMS sha11 not cetieve Orar�r irom any Ob ligation or cure arry default under tBis Deed of Trust A!1 powere of ettomey d e s c r i 6 e d in t h is O ee O o t
<br /> ` r� � Trusl are coupted wlth an irtterest and are Irrevocafiie.
<br /> . DER. Lend e r s h a l!b e s u b rog a t e d to the ri ghts of the hoider of ptevious lien,seeurity Irtterest or encumbrance � ..:'.,; t: " .
<br /> 28. SUBROOAT(OH OF LEN
<br /> . • dischar98d with funda advanoed by Lender regardlesa ot whether these tiens.security iMereste or er eneumbrances have boen reteased of reoo�
<br /> ��r' . . ; -
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<br /> (, Ina 4 7! 837J789 Page3M�------- }'' �� '
<br /> tDNEb7�C 0 FonnAtia�Taehrobgies. (! !�(�) :
<br /> . . . .. _. . .i� ._._ .. .� _..
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