|
200302801
<br />To 11 wer aeiaen real e e Lenaer, m Bole elgcr [den elegy A driving allocation, o unaae applicable la [vile, omarwlee I payments
<br />vee by Lenaer a ea be applied In line mgowmg m am fir ei. A) re .ALt. c and lead meluamg Tmslee's lee, an nay'. .ea in rsmg m
<br />power of al le, b) m And principal on woes aavann etl to prose rvh protect e n ma Wep lint' o o par went an lie pomm me l s,e prior rend
<br />or our,, air h any of fly le At mid Tlucl Dead, c) Imelesl on the Note, A) principal of m, Nclo and a) m moot and numeral on any o oei mlole ar —nce, er cU.,
<br />Indebtedness sec terra n.r ad,,m
<br />8. Bmmwar s all keep the Properly In goad repair and d o' p,,mlt impartment or tl,l,rioiallon of the Property- Ed— small keep and
<br />maintain e Prudery and conduct any c all in compman ce is mwall governmental law,, ordinance, and rag ill y re q ulrand nts Including but nor limits,
<br />to , n �ng ra gulvlona building cold, environmental ato,, and the provisions of the American with Disabilities Act (ADA), all e s haeeltm
<br />en d lie c clad. Bortower shall Ire natty advise Lenaer In wtlting CI any a teal or Ihr,at a tied a or prove a ding to emicro, any wsuch law,[ oralnanoe, regulation
<br />e all al vl tM1e Property d' theeOOrrowec Borrower aM1 all be solely roe po,alb le for and In tle molly and hold Len d lien 16 ab act o rd, olllc erq all lints, s re
<br />dntl lies elg nanlmm antl again,) sny and all Ileac. damage, neata expense or liability driving our of or attributable to Bortower'a failure or film al to comply linty Carms doe
<br />requirements here cl.
<br />y. Il Borerw er Ia a) m or pay Ina premlu me al the requbatl Insurance of the Property. of of pay rd and a s before delinquent, o c) pay
<br />any d l tlua tent tl air ca prior morflg aline, t t Ivan or II.. bolos betntronl, or by m the Property In good Brepair, d a)s Palo— Any of the covenants
<br />.Is demands o d Time, Deatl, then Lentler may at Its option pay cu CM1 In A premium,[ L oidage o t deed pay metric Cr make opene and disburse
<br />such , add nee due' A c It d Cms n eavy to dialect Its In within waiving o Area
<br />Its right to ae clad a default a cclomm me ae bt a uretl
<br />ere by sums
<br />acdue of any uchC lalLt. of the Bollowly, Any d o disbursed by me Lender draft c n 11%d adult, o nalintlebtedneas of Berocwer d uran by thlsaTrusl
<br />Dead and shall bear Interact ham the date CI disbursement amounts
<br />the rate payable until' the Not,_ Pound c madm d In This paragraph shall r,uu, Lone., m make any
<br />such tllsb casements oi take any ac Ian w a so,vai.
<br />8. Lance' may make or cause o be made 'ea nabla entries upon and Inspections of Ina P'opany,
<br />AI the 'agues) of Lentler, me Borrower d An mrn6n Lenaer wbM1 Borm —,A i andiai s ,thin 12G day, an air me end e , I.,cal ya dr. All
<br />hit yea ncwee a bin do - , chug prapar ally A lad
<br />sling aprinclples Applied o consistent lively. The eCould— ,hall oddly n tree statements as tong v e WIM1IC CBO daysd a nquen by Lender,
<br />Oar
<br />Bin ow„ ,tier aLO mrmch Be r room, t GlUdImied of waded. am -IN Guy, mm emotion wit rasped to Bvioems financial Consider one buamecc
<br />o pmamo n, ad Lan a Ar mAr 'aazoaahy r, n,m Irom time to time,
<br />_ The proceeds of any awal'e qo clam lo' lam agasB direct o aagd -mad, m c any condemnation o diner taring of mw Proper y, o Part
<br />in Proof or err c veran ce m of c nettle n. ad hereby acelanea Ana snail b, paid connection oLender t the a of me call a of h r ammg run
<br />indoohnneda d urea by thin Trust Dead If the Properly is abandon ea by Borrow,', hif, man n , by Len d air m Borrower mat In enaamnoi off,md b make A
<br />w era , ,uleea of elm for dam a9 e,. Bdrro wer Tana m respond m Lender within sO der, doer me awe such n mauee, Lone., IA awnorlaed 10 Cou. cl and apply
<br />the prod „eA to the d urea for m, T'u sl Dead_ Condemnation proceed, a are, an ml b, c eml,tl ld mg Iasi maturing Indugman, cl the indebtedness
<br />secured and shall n end oe po tit pone tit, due data of the instalments referred to naparAgrapnd l and a n,reof oI Change me aunt of such In magm,ng .
<br />I m, Lone,, ..sa„ a partial raladam Al this Trust Dead, the proceed, wCoved meem' mall be credited 1, the Iasi malunng ndtmrmene of the Inaenean es,
<br />a. r, .re br.
<br />lz h Lamer or Trua Ye a and o voluntarily becomes a parfr Ic am , o' legal proceeding reianag to a Property, Note or the Trust Dead. t
<br />evil t,Im BUI a Lem er [And Trustee or all c and nmie tier ma red by had Lomas and rya anng f such d or legal piodeaomg,
<br />au.r . midi n tie e a cal
<br />and solo au and anal co rid min add, renal naebl,d — secured by this Tosf Does and beat Interest at me rile payable and „athe Ncla, nom paid.
<br />m Ad a cu'hy. Bortower eons hereby addcgn and grant a a'hy Inar,al m Lamer in of me leads,, t eosin aria. '
<br />v awe,, a II. am ad, pr ofld, qrn ce Ad , land d paymaal and m of any type what, e e Via All
<br />t. future o mm- amsmg, want, to aloe Propenr
<br />of ,c then a thereof (herein 'Rents') Thin s a present assignment and upon 'e orning this null Dead, the Lena m'a lid uafr meteor in Delta chat ba evil, enfar,eahm
<br />and binding All t, a eatable by a d fully Garlamm a all Anlad, including any nubs a grant pumnaso mortgagee, beneficiary, t n banknpldo general
<br />nadimu Ihn Creditor and any olnm mind job Al c ielmant. as
<br />however Lentler she n Any CI Its righu to collect Rents unless Borrower Is fn III-It
<br />under any of the to I the Not, o' the Trust Deed Dpon default all Rents SPIN by p aid rhill din Lender and Lenaer may Portly In, fe any Gird parties In
<br />possession of the globally, o any oin„ person obligated to pay Rents to pay all the Real, directly to Larval. Bortower hrevoCably c antl au the,,,, each
<br />pe rled owmg Rents to pay the Ren6 10 Len a wr uppn lam a no by Lender wllnom II ablis to the paying party Aa to whether Borrower Is In dal ad . h fhe person owing
<br />Rents aquesta proof d assignment has been matle pmdudng a copy of rise Tmcl Deed shall c reasonable Woof of Ine assignment dntl Bermw,i aulnoriaee
<br />Lender 1c dlsd ode th lc Titct Deed. Upon default Lend,, ,ball be ant hied to take doe cede ern ct roepan,ta and manage the Property and pay c of Rents re vetl all
<br />expenses and c incurred w,in any remaining balance to be Appllea Ile IM1e Iasi m dring Installment, of tithe debt asecured by this Trust Deed uReceipt of Rents a core hot any default ,These presents on mhe fore llcn of Rents o er also of any of the or 90119 rights small not be clamed c ilea to a Lender a
<br />men Plains o any otnel poison In possess of IM1a Properly o ovinale Lenaer 1c Wks any Action wbar...... and a. thin c nee hman c taken
<br />her under ,hall And the performance of m, farms and provision, of any lea„ er oin,, contracts entered into by Borrow,, and Ber—h ,halt m ortnt, and
<br />M1om Lender harmless against in
<br />such claims,
<br />w uM1m tab OP) day, mal r,quidi me Borrower mate furnl,n Land,, a I,me schedule, Cadillac a by 8011 -11, setting form at bases ivvma o , Repruy and
<br />me 1e am c And „on min,, information and aocumenld with "spew 1, rich le , Leiner may requite Wind w the dntl' d of In
<br />Lord,, the Borrower shat not awn, rhi t any real. (A) a c,pl or Gordon Anv vr, payment , a —Ull o r parable they eu tie et m e nth
<br />(b) vomdtmty c dept Aany c aeration l minag,n o ender Tyrant, or pm rot Aanr a whit, would excess me Leaves to
<br />cancer
<br />,m eA(1) am ,neon modify the a reduce rn m thereof, the rent parable mareumv'o Chang, any r, wal provisions
<br />m,oma can;.,
<br />odl y(I) w v any m1AUn thereunder cr for acct the Am, old) line Any c approval In,r,unaar d ofare any other a Connection
<br />mm canna with the Led whim would he, In, ,B,c of Impairing the value of LA. the' .near tha properly grove= of
<br />copal th, pm of rho Tirana i Lender , U) deft A alp,, Claude, mortgage r othelvesho dispose of or ancumbel n, ,Israel m any ,on lease or any
<br />Ion s. Idcu ea or ohns c In a eo n Ing In.... nd-
<br />1<. Any of the Iollowing shall doe d met a of default (herein - default -) under this Trust Dead (a) fall... to pay any Installment of principal o
<br />any Diner s ured hereby wnan due a UP) A bread, n or default —rm any o of agreement of Bmmwm In the Trust Deatl, 1 1 Nol. o any otne' agnemend
<br />arm intou by Bovrowm with Lender totaling the indebtedness s had ohereby, (c) any representation. statement, o matle by the Bortower mean
<br />Palomar pwsuanr to s nee Cl, or ,,Ivan to
<br />n herewith elo Any Indebtedness s I hereby ,n use be fake Cb misleading. or (d) It the T'mmr in a
<br />corporation and Ihe” Ise A y. handa io ,rd hip of 1AD o of the Corporations stock dr t m, nudlor r A pannmanp or limited Lantfr company and herd 1c
<br />Chang, the mbrr,nip o a ai „oluf of ha pal 'd nip leer tot bthr Company a if at o any par of he Pr Carry o any rot mm s decider dole by
<br />end c ctorr leased with option c purchase, or otherwise cn v,ym. females or turner ynCCmb, "a alder PC ern edy or ,,,mma.oy NilM1OT rL enem c prim written
<br />c.n „fir
<br />vdIn the a ,f default Leader a option may 6,111'. at of the , cured by rn d muff Deed 10 ba Immenaddy and payable w er wittier
<br />demand
<br />, main and may Invoke T, pro n a Ann or Any ,tTCr mCdi. silt lea bymappimmly wnmg the right to 'd- elm se ins Tra l Dora i he r O crevices
<br />nv law ml me mrecm d,ro r orlgagvc r ,al a L,,do, snail be en mind In correct air deagonable 1.411 aria ,xp,ad e, Iron -d m mroangm such famed,”
<br />,eluding, but t Ilmlea 1 nil ntle tine's lee
<br />n me prom o avckaa, T uao„ ,mat re nonce of default m each county m which the Clearly r a pan thereof is located and provide notice
<br />thereof m the manner cp.... nine by aIII,Air I law_ Anml do lapse of such time a mar be reghoa by applicable law. Trust,, dnat grv, pubic n of sale m m,
<br />and y In the m m' 11.11'beA by appivaba law. Trudlr- or ins attorney r ,r In' Ine Tr,ado without demand on Bottowar, shat sere me Prepenr It
<br />person,
<br />unvna nigher) mead a in d and place and under the d A boagnmed in the n of dale In a Camel, and In such order a, nutle,
<br />wer PeIer re Tnda may postpone easy of a any Perot I CI the Pantry by punt, announcement at me time aria pIdea of any prevmunly scheduled sot.. London
<br />or Lenaer s [.dig I CI mar G,mas the properly at any sale.
<br />Upon receipt of parmenr of the price bier T'..As dnthl da—m IC the purchase, a T'udill— Dom. whhlm w anly� Conveying th, property data- The ,chill, m the
<br />Runt e erg Delia do at Ce prima feel. eNaence of the truth of m mad, in .... n Trusts, Anml apply the aWbceeds or the said In Its hIRWUI ores (a) Ir the
<br />and eapan rf , Imng me pro of ,ale and of h, Aala mnummg me perm of rrr d f,g aev f.. rgld rl I aria In. 1„ one
<br />Wd Ator , c al. evidence ,
<br />dam ens es of any a engae lie m n me dale, (b) m urea by the T'u AI Daa, (ry T ma payment rf NPTr trust aemY m,r [aged. or ore er yen
<br />all g
<br />noldes. and (a) Ih,ct, ,, If any. m In.d p.,Can or pleaone Iegatr entitled thereto.
<br />Bor Ag r. p'a ace by the Tr. i,dICAI Aald. Tn. pcadre chat had an rights available egwfr I brain
<br />pA: A,a GR nwof me Properly d cupene thereof t the Property is eo c. pied by Bmrrwm A erfmg r Ana me Bm'Cwm 1 c.pr he Prop erne
<br />antl' tax sage, 13—nes'. a1 purebels La die COn, shat be loomed a c.pying the Propenr undo jai ,fat ag "emem a nab, a cam ante may c11 e alga Pv m
<br />p.r me pry .r fn. unman R.aie.mm, Lana „ra and Total Ac. B.r wane any flgn a Wit hint m env e — n vr. e.am lid. B.r
<br />be table 10 phcha,er fai the fair r real value of he Piddle for any time Bmmwu' continues To r cupy or whims d posd,ddmn at the Property ono al _,,to area
<br />alt any, n proceeding e.
<br />f,q.on with
<br />o till haBe a parr,,, agreentha, oln8 the can,, s wed by lm Tn sl Deed, for it t pmst of of any pmryncy a cNg an„ m of
<br />now cl s the een air ago that Land,, of a aM1 all n le he last cl [ucn pro than Len de' el,c nth[ Co., p
<br />CI ,ale s been ore at to sal,_ ynimot' may arey yfpa ,$, clef ,ale r lhGme any property, 6010 sty and sany property
<br />allsold shall n any oat culeOOne for lobs en cy eat the p cline pa Hied further agree that the yla mark, v CI in, Property oler any Pedaled Action
<br />b, the ngnm cC Len) the ne n1 bite by Ine pylval i, al .M1a punk sale m (b) the value as propertrimmed by a independent licensed or 'e gist area appnlc er
<br />N ebraakY sale tlm by Lentler, reduced by he than pr ev altng reap leis commission Ire po,m for rea,lfing properly.
<br />tic Any fordea' -ce by Lumber n a ds,ng any ngh o emery neoundea c otherwise afiomealliff Yl1v,,+�n.IL) ]gOPU;Y'Jr ,?9. In.
<br />exer any wan right o reedy in the xe of c uing o' feel bo dIh.A by the Bcrm wa[ YVV,Y r, — riQ Vc \ !m
<br />C 1 oA„ tl' p Gas n' T D m a” y flat tly tl s d�'1 f( ri d by equity l may
<br />Us der ',a dap r d_ue n given La n gM1'�J 1Q rata v' mp'v ona,
<br />te r fa' he debt secured hereby. -, ha a of aeaer, a ae or Taki Le ay shall lint 2nd ql.n n le -I.A, r a persona prrp.ny
<br />w,me. prejudice r Ay right to Pence, sat rd mr,close the Properly or c pursue at, rfly Al the J� r {, q,q� Jh, nmr f Acaemy an gl me are or
<br />ldocmdre of Ina ldoopenv- ,app y'Ua 4. f y , r.
<br />.8- when ob ugat 'ad hereby mad dnenya , Lender ha,L upon w,men request 'b`yy'I . Br.' r l B.r ,
<br />,I,,na 'cadre A CAI Aydead r egad eAbl. dud A d by a iru TO anal envoy the Pcpmtr won.. mt I the
<br />p,r wer legally a ,nee ins' The Bor n Borrowers successor m Internet , party lieu, find I , real ..rant d ,mat pay au costs mneem a the
<br />preparation If Arco veyance and ' ordail on Larval, If any. r
<br />Lu may nbe Lender, legal counsel Tru ahat net be liable for Any a n goad horn and the pay me her Ind -hry Ind s
<br />Trust en to Yen
<br />cep) Pal none of gmvh nag
<br />Countyce or bad faith. Landed al taken in
<br />a —P may
<br />inon of time .. o yO me omaim a oyby,
<br />tlhle l.r m era ,yam orgy an mexRe lithe rust e,da In he County In wnan 1.. Trust Deed 16 recorded a sub antu lion of trustee. a e. The new uuslee rsh allysucceed ylo all of
<br />ma down, aawle., amn.a.y and title of me Luerea named Hera, .r any . teed err o-.ma,.
<br />Fl Y65S Lairs (li a8) Page 2 of a
<br />
|