|
86-102,2
<br />end. without Oemena. anetl he +mole aiaiy ].+« i':i : .verb ny :
<br />,a
<br />'� Duda. and Obltg.11one of TN.1" ';a. ;�I,ee $'•.'.:bllq,ticna of T-1—
<br />D"r +nIS.HI .I IM meaimwm anowa0le Isga' 'a • W—ded ,. .. 1'Irul
<br />$her! Ds paler nr.nsa wetly cr rn a. pie se ; +•. .ne:on* pt the -r , Osma and Trueles
<br />Option of Banat, c iary or Tfusleo such sums rt,av i.a •natlo I., rn0 p'r e Pe' .,er.r'*
<br />ahem no! of lo,We a-cePI ;<,r theePerl1,rm*n Gig nl Bcc, Jul,e. and obligations .e are
<br />of any Indebleanes* secures hereby and anal: veer :n. same rlerea! se evCn
<br />oP#C111-ty at torin heroin and na �mplrea covonenlo or obligations small be
<br />IndebtednNS eon Mall be payable retbry -01 (it. remarn,nq Ierr. rherma!
<br />imposed upon T•uslse. b, No P,0. -Son of this Trial Dead shell esquire Trustee 10
<br />.x Pena or ,tall nu own funds OF otherwise Incur any Nnennel obligation In the
<br />10 AealtiMtral of Rants. Beneficiary shelf nave Ina ngnl Ones, and -"Only
<br />performance Of any cl its "uhel hereunder of In the exercise of any Of Its right of
<br />during In* corthouMCe lot this Trust Deed ID cellec, Inn rents ,—,es ens profits nt
<br />Powers, if It Shat) hevd grounds IOt b —eving lhal the repsymont of Such funds or
<br />IM Prowl y and of any personal properly iocalxa :min— will. or wbhoul taking
<br />sd.gb.I. Indemnlly apelnal s..h rrsx n: nso- lit r. not res*.A&bly assured to II: Ic)
<br />r peaNeelon of IM property affected Ami and t* Stn. nerxhy aC,olul*,, and
<br />Trua1N may rontiol, with counsel n! hie own �hoowng and IM advice of Such
<br />unconditionally Seipp.. all such tnt.. Issues no Pror•ts to BaMr,uuy
<br />counsel shall De 1111 and camPlelu —Ihoriz lion and protection In IM r Pecl of
<br />I BaMlfclary. however, hereby consents to the Trustur's 1011 — 1nn end 1.1 -11- a1
<br />any action Isken p $utdxred by It nxrnunder In good forth and reliance thereon, of
<br />Such !onto, Issues and Drools as they .cCrw and A` O - Payable so long as
<br />Trust- shell not be ilatle lot any action taken by him In good faith and
<br />Truslor la not, at Such limits. In default with respect In payment Qt any
<br />belleved by him to be sulnorlted or within IM alsclolloo on rights of powers
<br />IntlebledMss secured hereby or In the performance of any agreement hereunder
<br />contained upon it by In.& Trust Deer].
<br />upon SAY Such default, BensficlSry, may of eny nmo . stl her in person by agent. or by
<br />S fecal, 10 be appolAlso by a court, wl l howl notice end without r.gold I. Ihe
<br />IT AddNlenai security tratnumMle. Truslor,.111..-Pon... will —.1. and 01
<br />adaauocy of any socurlty far the Indebtedness ",soy *.ruled Sal enter upon and
<br />to the Tibor— promptly upon demand, such Security Instruments so may be
<br />take pogg"alon of the Properly or any part thereof, and In its own name we for or
<br />required by Trustee on form end submlence s t sfaclory to Trustee. covering any of
<br />dlMnelN baled such nMle. Issues aid profits. Including those past due &Ad
<br />!he PrapSny conveyed by this Trial Dead, which Security IMIIUMOnls shell be
<br />unpaid, and apply IM Sarre, less costs and expenses of operation and collection
<br />Sao1honel security for Tnj3IO, s faithful performance of all of the terms, Covenants
<br />MOltrdng foesonabN oforney INS, upon any Indebtedness secured hereby, and m
<br />no c.Ad,IIons of this Trust Data the promissory notes secured hereby, and any
<br />Such order N B•MfICN7 TAY determine. lb) perform such acts at ;•Pelf of
<br />other me only Instruments eveculoo In connection with this transaction Such
<br />pT01sC11011 &$ May W rmacasasry w propel to conserve the value nl Ire property. Iq
<br />nelNmenl- shelf be 1-14- o+ Mea, and r. recorder ,nd ronlod, at Trusters
<br />'
<br />Naas The might or any pan thermal lot such rental, farm and upon such cond,tions
<br />e.pon"
<br />so Its judgement they octal, Unless Truaior sna B— oficrary agree othervmIse nn
<br />Willing. any application of rem*. Issues or pr.111., to any ndmalmaness secured
<br />Iwreby Shelf not extend a poelpone, the due oats of the Installment paynNnts a$
<br />omitted In said promissory note or change the amount of such onsla(lments The
<br />t8 Mla"NUm"ua.
<br />entering upon and laklno posse sion of the Property the collection of such rents.
<br />M) In the event ory one ar more no Ira provisions contained In this Trust Dead at
<br />JNwa and prollls, and 10 appllC&lon that Act as sloresaid, shalt not *move or cure
<br />the promissory, note at any other, Security Instrument given In Connection with
<br />off
<br />any default w notice of detaulf hereunder. or lnvanaale any act done pursuant to
<br />this transaction shall lot any reason W held to be Invalid, Illegal or
<br />Such notice. Trustee also assigns to Bone hClary. as Irrnner So- lit lot ono
<br />unenforceable In any respect Such Invalidity, Illegality, of unenforc.&blllty
<br />performance of the ODhg.lia., ..cured he+Ony . all plepad repro and ell hanl..
<br />.rod SI the option of 6enallcN ry, not any other provision of INS Trust
<br />which fMY have Dian or may Mtadlsr be tlaDcsded with saga TNSIOr by any IaseM
<br />by
<br />nstr
<br />Used. out Inb Trust Desd An 11 M construed es it such Inrai{", Illegal, w
<br />of ion Property, to Incur. the paymonl of a ell, and upon ,n IM
<br />unenlDlcNple provlStOn has neverDeencOntalMdnNalnwiMre {n.
<br />pMorhance of any of the proves Ions hereof. Tr -lot agrees to deliver such tents
<br />and dapoallo to the Beneficiary Delivery at wrntan notice of Ins Benenclary 's
<br />(D) This Trust Deed shall ue construed according to IM laws of In* Slate of
<br />exercise of the fights grant" heroin, to any tenant occupying said premises shall
<br />NOW.Ska
<br />be sufficient to require *aid tenant to pay -$a rent Io Ins B —I-sry until further
<br />1.1 This Trust Dome $hall Inure to and bind the heirs, legalSea, devise",
<br />notics.
<br />administrator$. executors, successors and s. ions al the parties hotel..
<br />(d) Truslor shall Pay .11 Isaee Nvlw upon this Trust Dead w the debt secured
<br />11. Los$ed Ptwwkw. Within to day. alter. demo.. Truslor shell furnish Io Trustee
<br />Aeleby, (.gainer with SAY Diner lease Of asasesm*nls which may_ be IwNd
<br />a Schedule canllled to be true, Nlting lonh ell INNS of space In the Trust
<br />against the Trustee or Beneflclary or the legal h.Wof of "la Dromisaory nose
<br />Property than In offmat Including, In Nch cam. IM A"" of IM tenants and
<br />D n account Dl the Indmalmanse* evidenced therapy.
<br />occupants, • asacrlpron of IM specs occupied Oy such tananl and Occupant, the
<br />tent pay" for Such •pads and Such other Information and doculreenle with
<br />1.1 Whenevw uaaa n.rsm, Ina singular number shall Include the plural, the
<br />plural,,
<br />respect to wcn INoN and tananclss as the Trust" may request.
<br />Singulsf the use of any panda snll be applicable to all gender., and the
<br />"BeM1lG lary" shot. Include any pay— of IM Ind o(onne s h.r*by —.,.a w
<br />Without the offer wrllt- consent of Trustee Trusiof shell not, directly .r
<br />any transfer Instead. whether by ope+sllon of law or ofmarwlse.
<br />:ndkwetfy, with reepetl lO enY Nam at $psoe In ills descrllee0 prsmlNS, whether
<br />ouch I"N If nOw p hwoil to Sir atonic*, (a) accept of permit any prepayment,
<br />discount or advanp rent payable thereunder; (b) cancel w terminate the same, or
<br />SGOapi any cancellation, IermkNtion or ewronder thermal, of permit any wort to
<br />IC spCGeasp Truet". Beneficiary may from time to time substitute . Suc..amaI or
<br />OOCw evhlpm would ontllie the lossee Ihalwldar to t11mlMte at cancel led sane; (c)
<br />successors to any Trust" named Astern or acting hereunder to execute INS Trust
<br />OW4 w neodltY the sane So Be 10 reduce the Sum thereof, the rental payable
<br />Heed Upon such appointment and wnnoul conveyance to IM successor Twal ",
<br />Oweu/edM. or to change any Con.ws, Copyist One theism contained; (d) waive any
<br />the latter small be vested with all tins, powers, and duties conferred upon any
<br />dafalull thereunder w breach thereof, N) give any consent, waiver or approval
<br />True a. hele!0 named or acting hereunder Each such appointment and
<br />11ereo ion or take any other sc1IQ. In c— IMrewlln, o+ with a Names
<br />uDstil,tion shalt ba made by written instrument by BeMllClary, containing
<br />thwour4w, which would haves IM ohmat d Imp, l ring IM value W **,at', In,*re Sl
<br />reference to this Trust Dead end Its place of iscora, which when recorded In IM
<br />wlaimun, w, on the Property SublmeI therao, or of impairing in. position w into
<br />office of the Register of Deeds of the county w counties In which Seed Progeny N
<br />d this Tfwl" W Barka lclary, of IU NII, "sign, pledge, mortgage or olfeerwl"
<br />Sltu,led shelf be conclusive Proof of proper appal Al—nt of the successor Trust -
<br />ONPW. of, is ancumber, It Interest in any such I— or any font•, issues or profits
<br />The foregoing power of substllullon and (" procedure therelwe Shell rof be
<br />Nwlhg w erasing thwound r.
<br />exclusive of IM power and procedure provided Iw by law IN IM substitution of a
<br />Truer" of Trustees In In* place at IM Trustee .
<br />12 CswdoalwaNefl. It UIN 10 eny pan of IM Property Malt betoken In condemnation
<br />p.000eWnge, by right of Sentiment domain w similar ,than, d shall be sold under
<br />20 Forbaerence by leMliclary, w Trustee Not o Welvef. Any Iwob"reMe by
<br />throat of OOfSNmball", .11 awards, asensges and proceeds .re hereby assigned
<br />B.Nllcl.ry or Trust- in exelClSing SAY r,gnt or 1—" her*urd,r, or Oth —coo
<br />Sed "" be paid 10 B.Mticlery who shah apply such award., damage• and
<br />afforded by appllcawo Isw. *nail not bs a waiver of or preclude liet sseICIN of any
<br />p.00Nde to the sums Secured by IM TN*I Deed, with the excess. If any, paid to IM
<br />right or remedy hereunder likewise. IM waiver by Beneficiary Or Trustee of any
<br />Trustor. Trualw will promptlyp, des diligence, repair, alt* and r"twe the
<br />daiaull of Truslor under this Trust Deed shell not be deertred to be a waives of any
<br />�e.�nd � �waith
<br />Rphoomilg Pon of the Trust Propel to Its former condition substantially to the
<br />other of simt)a( d,laults subsagwnlly occurring
<br />Meth that the ease may be feasible find so as Ia conslltule a complete and useble
<br />VIOL
<br />21 Truslor Not Rolaasei Extension of the lime for payment w modification or
<br />amonisallon of the Wins Secured by this Trust Deed granted by Beneficiary 10 any
<br />t? PafYrw Adewe", Upon request of TNw*, Baleeliclory, at Beneficiary's option,
<br />Suctesaor In Interest of Trustor, small not owrale to raiasem, In any manner, IM
<br />prow to roobith"gnce at the Property to the Truslor, may mass future advances to
<br />Mbility of the original Truslor of Trwfor'. Successor in Inter "t. Benaiklsry, shell
<br />the Trwtor. Such future Advpneo., with InWeel iflgsol, shell be "cured by tn;&
<br />not be required to commlumce Proc.ewnps against such Success- a refuse to
<br />Truro DYd that evidenced M prortNNpy notes Stating that eaW not" art
<br />extend time lot payment w olheinews modify amorllxatbn of IM subs "cured by
<br />AsslMN hfareshl provided that at M IWM Ste" the slecwed principal, future
<br />this That Dead by r"aon of SAY derrafld made by IM oflplMl Truator and Tru&lors
<br />SOPWMN, not kwAudillg su1M adYYWred 10 wot"t the NOurlty, osoeed and
<br />Successors In Interest.
<br />hUNdMd P W MN (tali) Of eels Oflglf W p1111oipal mistai secured herWy.
<br />iZ Owleoft II More &hall be a default ufdw mix Osed d TNeI at under any pop
<br />11 MIOKIMCOMWOO& AN MnadW* provided M this Trutt Ord we distinct and
<br />0110tH e, the /eMfWlary may cure such do out. and the wnpune edm need try,
<br />QuW41180me party ONIw rlgM or Pwr10Oy under Ihia Trial Dead w slfentad by jaw p
<br />and dheir b"te and exteena" of the beMfklary, In curing much derail With
<br />a sift. sdd they be wwble" OwKAdrenrly. Ind.pwdenlFjp auoG"WMy.
<br />Inte l .1 IM default rot contained In tea Note textured m.f.byr h,in the time d
<br />INS advances Of PAY+teemis SA41I big Added to the 1MoWodn"o secured by tons Trust
<br />1e, AeosWwftK Raeaodaar Isaee. Upon default by TNStor In the payment of any
<br />Deed and they be Gotletled 1laraunder at any tinter aDw the IMe of Such ad gAnow,
<br />kWBbled a seWfed hereby w In IM pulOrmwKe of my Sgr ~1 hwwnder,
<br />p pSYMmal and $half be peened to be Secured hereby.
<br />MIe1NWy least decent. &N orwM secured hereby Immediately out and payable by
<br />IaI& -fy to TrIMIN of woten declaration of default The Trust" Small hew IM
<br />29. 1 POW N Forsdees. Upon the occurence of eny default hereunder, Beneficiary
<br />POW* Of 806 Of the Property, mad 11 •erefktery deslrN IM Properly, to be odd, 11
<br />Shall move the option 10 foredo" INS Trust Dour in IM misnnw provlde0 by law Far
<br />aRaN depoO with TNMN tone TN I Dead and t"I wpnNsory notes and documanle
<br />the foreclosure 01 Mortgages on real p+oDerly
<br />WAdWk&g "PwfWhw" seOWedaHereby, and &half dulvw 10 TNw", a wrtllan
<br />noliN of lfttauN W wacllOn to cat)" ion Propwty 1. be wed, ono the Trustee in
<br />2e TNSWO AIgMe, Absent Default Until any default In the payment of
<br />Slaw eft" prepare a eMdNm Notice In the form required by law. wruOA shell be duly
<br />Indebtedness hereby mcurea w until IM breach .l any covtrlant hstwn contained,
<br />Hied W reo010 oy Trustee.
<br />the Tru*tw, Ile successor* and • "Ions, snort P.Ssese, and enjoy It* property, SAO
<br />(H AINf led "apes wcn Ore "may b* required by leer the re
<br />recal" IM fells and Profile tMrefrwn. Upon payment of all sums secured this
<br />t
<br />ef10n Of self r1o1(u d "fault, and ro11ca o/ leelsull mad rollcs of Self mavinp
<br />"ties vin
<br />Trust Doe, Banehcle r *halt request
<br />ry, TN*tee to +,crumvey the property end Mall
<br />been glean se required by law, Trustee, without omaM on TNSIN, &halt wrl
<br />or *most [his Trust Dead and ail nmom evidencing Indawedoes. all by time
<br />the Property an the dale and St the term and p{aco designated In Seto notice of
<br />T1.41 Dodd 10 Trust" Trust" shall neconvey the property without warranty aM
<br />saes, at public sal to the highest bldi that pwChSN prlu payeblo In
<br />w1lhoul charge to the persons legally enhlled thereto. The Drano" In any
<br />IaNW 1hoVy, ef the Uhied statao &t rho firm* of Self. The person conducting
<br />reactor ance may be described as 'IM peraon or pwaOM Shifted Imwwo," and
<br />WA soft WAY. for MY Cause he dean{ expedlent. Postpone, the "N train fire
<br />the recitals therein of any matters or lade shell be cOnCluslve proof of Ise
<br />Is two Wllh it wall be oompNled and. In every, such case, rooks of postpone
<br />Irutnfulne" Instead Such po ton or pof mane *hall pay all c -lo of n ,,oing, If Shy.
<br />.ens en" N 9". by "be omaterollon thereof Of, such Owed. at the Ilrne
<br />W pee" asst 11 the ease t, for
<br />the Seft, woratted
<br />25 AoGftrfiwm N the Eewlt d hI$Mlw. in the event the Itlie is awd 1N1 estate Is
<br />the I n
<br />day beyond d t In ion f "I*. no
<br />roller Merl 11) day OI wee, Mike
<br />W-16 red. or coOt—ted to be Irenalebma, from the un"nsl nod for an reeaoe or
<br />r, In the ,m w as the
<br />dlsfs0l er1a110s OMrI k led Sams Mannef se the pr/plral rlcelree d self.
<br />FAA"
<br />by any tnelh- thee—.., IM entire principal Sum and s ,big, Intersel shell at
<br />Tfuaes arch esawIt end Aeries a the pwGeaaw his Da10 converting IM
<br />o•ICs became due and payaol. st the slecldn of the Be"hclery Failure to exWCI"
<br />IM* option o.tSu" of tianeler of lilN .a atxna *l.lma N one balance •hell MI
<br />Ph.", ado, but Input MY aOm~I Of wwr"ty, more". Or kwpned. The
<br />conolltuN a -*1— of IM IloAI to axertlso IM *ore In IM event w any suOSepuMl
<br />rKJYN m IM DOW Of any nrftliwa OF facts as" be pokkW" proof of the
<br />ReAl
<br />IMOWWkeee WMOW. Any Person, Nc4LMWg owwi Awy. nifty purpose ef the
<br />awe
<br />?. ..
<br />a YYNam Trutt" SNN pWauant to the powers fIw•N, the Tneet" NmUI apply IM
<br />it This deed of trust is Junior to, xis deed
<br />wages" of the aW to p.yn"1 to move os.te and e",iN" of "wclemg It"
<br />..
<br />polew of ease W of pia ease. Ineludlm the psynMt d IM Tlwl"', Few
<br />saa0ut" th Trust. to _. _ _ . _ 7nrlw.
<br />the Mane In YuEpalaMapR 10) In ties Codes "here Sow".
<br />L aphn.ltY Inducted, rot le ""ed rte d the ease wed. and MM to
<br />eeuwilp • plrcipeo mule Iw
<br />1st Af o saylfvg the Rome "SmUfleld M eubp&.WW (b) II IM saes N by Trust", or
<br />the $W par —014" gin. Cwto of ke"W"o and self P the wee Is pun w&,i
<br />to PANNE Spas N We. the wooa"e W Iola Mali be spoo" N use ONW stateo
<br />Ooluera and lama Ip raccy0 wbn the AmdIs1M cal CHeOa a1W wnllle0 ss rp1Ow,,
<br />e deg mwom of
<br />lSi!.
<br />M C"1 of any mrleereSe at MN wOCufed N consumption Nam eye 6.4 and .1
<br />A" n•Nrllrn Mwnm,
<br />(M NI sums men —100 herabr
<br />am f lr ternaindtr If wry, 1. ear 0-- Iapel:Y Mollwa 11-1.
<br />
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