|
end, wnnmi esmand, anal M rmmaalarely rJpa and peva~~r ~~d"5na(f '"
<br />war rot@reai at the mextmum albwaDte legal rare: prnvMm. Mwever, that at ins
<br />opbm al guMnmarv Or Trusl9e suan sums may M avdM to the rynnclpal patents
<br />al any indewe0nsas StlCwpd hereby and 5'nall Mar irtw cams Infarast Ha Such
<br />Indebtrpnesa and ahnli be payable ratahly over rM name:Wing term thereat
<br />rp, batpnnwnf of pants, BeMHnary snail nova Ina ngnl, power antl autnonly
<br />dunrrp IM conlinuanca (0/ Isis Trust Oeetl to cnllae[ the rants. rssuea antl evokes of
<br />Iha Propany and Ot any personal prapwly iocatotl mereon wbn w wltnout taking
<br />posneesion of tM propDrty a bcbo nerrroy, and 7rustor rterebti eMOlUtely ana
<br />rncGrpttiortalry asarpns aif rsucn renb. rs antl proAta rn gewrelwary,
<br />geTraflclary, npweYer, MrrMY consents to the Tmstor'e oOtlscAOn and rebnuan of
<br />sucn rcnta. issues and Cro}lis as shay actors arM become payable sv tong an
<br />TNStar is uch. ! n d@feu".t wuh. respect 10 payment a' any
<br />indeDiedtvess secured Hereby or In tea performance at any agreement narmrmer.
<br />Upon any sucn debutt. genetlciary may al any lima, archer ,n Gerson, ny agent, w by
<br />roceiver tv M apparntM Dv a ccun, wrnpvt nvbce antl wuAOUI regard :o Ina
<br />adequacy DI any espurlty for the intlaplppnass Mreby secures, tai enbr upon and
<br />fake pOSaessron or thB ProPerry ar any part +Mrml, and rn ns own name sue for or
<br />PtMmlae correct sucn rants rseueS orb wOHts.:naludrn$ mCSe past due antl
<br />unpaid, Grp app{y Ina same. less casts ana expenses or opemhon Grp ca:mnpn.
<br />.nuuabw ra nacre attnmey bas. ,neon any rrdabteanasa Seawed Mreby. ana m
<br />LLCh wdar 83p 8mgtiCrary may 4aiarm+ne; Inl porlwm sucn acts of repair o
<br />pretmpon sa coat be necessary or proper ro ronswve the value vi Me Prvpa•ty; ice
<br />tease me same or any pan tnarmt nor ouch ranter. ;arm and upon sucn conmuana
<br />s ua endgame mev dentate 0nless TrDSbr and gmer;clary agroe omerw,ae m
<br />wngnq, any appnoauon a+ rents, s ,ndemetlness s :ed
<br />Mreby anati nbl extend ar ppsfpartesrnB due orals ~ptr tfia rYnatdbrtMnr payments as
<br />prmided in a8id prom,3aOry note w cMng@ the amount Of sucn instatimmb The
<br />mbrinp upon and taking posaesvan o' the Properly r or sucn rents.
<br />:eaves ana probls, and ana app!!cation [harm[ as aramsaftl, snaUrnct wave or cure
<br />any derawr or omits ar de+amt nareunder - andata env act eons pwsuam ro
<br />ucn notice. '. afsa assigns w 6enehc,ary a unman s my for fns
<br />Dertormante or to onilgatlons a urea nereov art p~¢pab rents and all .n
<br />wncn mar nave Wean er may fi@reaner ce oapos,rea wrtn seta Tmsmr py any lessee
<br />of IM properly. ! e payment or a em ana noon aeraun .n IM
<br />penwmance 01 any c;«ne prcvrs,cns r eat * ,uao• a
<br />ana Oeposun to ins goneficiary' Oe:rvery ev BSnel cnryts
<br />:he ngnts grantee na•@m. w nnq sap memrses snap
<br />M soft Cbnt to requlro card tenant is pav sartl rent }n tne`ganB(t[lary' uM:l tart Mr
<br />nonce
<br />11. lNaad Prombaa. WithM tC days alien demand. TruatOr shell iurniaA to trustee
<br />aone6ule oenltled !o M true aefbng rwtb a saace m e Truer
<br />PfOOSRy Ines In Btfect, Irtludipp, In acn c !the to ants a
<br />occupama, s deecnppon of the apace orsupietlaey sucn »Mm ana «cuvant. ma
<br />enter payable fOr s apace end a otMr Intwmaban a C dvcumems won
<br />respect to auto beWS a+M tenencrse as tM Truate9 may repuo5t.
<br />w+trwat me pow wraten cot cl T uatea, Trustor snap Hai. mreciry a
<br />IrMhectry, with reepact to any lea a of space in tAS tlsscnbatl Cremis@s, whether
<br />ucn lease to now or Mraarnr rn aatitence; ra) acCapT w perm ny prepaymont.
<br />dlpeaunt or aavance rent payable merevnaer: ra) to pal or rarminele me Wma_ n
<br />Ccepl anY Cpnceebtlm. !BrmlMtlon al svne!pe+ iMrBOr, w ptlrmrt any anent to
<br />occur wnkh wou1C enltib inn »saee enermndM to !ermrnete pr cancsf (ne same; {c)
<br />arMnE w madfly top serM so pa IC rpuCa Iran tarn.. en@reoi, (Ae rennet Rayabla
<br />Inwlunder, w 10 enanga soy renewal prrnla+onf tMrpw corttallyq i01 wMYe any
<br />padauit tnareun0er or Dreecn inazeo}: te) grve any co ant. w r apDrmal
<br />tnsreurraar or take mY other scion In fannecnon iMrcwitn. &~r wren a »ssae
<br />(Mfeuntlet, wnicn wOUp nav0 the ptfmt Ot ImDainnq tea yeir» Cr ie9apr'a meerost
<br />fhareuMer. pn ens PrORertY 3uDiect .Mreta. of of rmparnng tM pAMtlon or intpraal
<br />of tM Trustee pr Bmelblary. or (f) soh, asarpn. o!edpe, r*~.fnpage Or amerwne
<br />wepoap ncumppr.its:nbreat rn env sups:@aae ar any rams. maDea Drprotita
<br />laautnpwvleeq tnmeunaer
<br />i2. COrrtlamM{bn ri tfba to any part of tea P•ppenv soak M:ekm In condemnation
<br />procaedinge, by rent et emr+nnt aama» W armute action. dr shall M sop under
<br />SnrMt of porNlsrnnatron, AI awards, damages end gracaede ate Mrabv usipmd
<br />pmt sheet M Mitl to gaMllclary wrto aMb apprY sucn awaMS, p mopes and
<br />^rceaaCa ie:ha av.-ss - vSf Daav wIL'r i?ur a:xcaia. it one. yard to eM
<br />Trustor. Truetor wbi wompTry, arrd ~wlth due dlffparrce, repah, attar Grp restore the
<br />rpmalnb9 part of tM Trust Properly to ib twmpr cpMr[ron }uaatflntrally rc iM
<br />extent Met tM pomp matt M te4albb anC cu ds to constitute a comprete antl unable
<br />amt.
<br />13. FYnaa AdraneW. DRan rrpupst Ot Truatw_ $enetiOiay, ar BeMticSry"e apnm,
<br />error to recameyarKe of tM Propem to !ne i•usiw may make lulu;a advan<ss [o
<br />tM Trvstw. SucA h:ture ad .ncaa. w:ln tn»rpsr thereon. snal+ pa aesurad Dy tote
<br />Trust Dees wnm evbenCetl pv' prGmnwrv notes s:abng !Mt spiv nciee spa
<br />secured uereDr. ermtdea ih0i a nm nnl ma urea an tutru~e
<br />advaneee, rva~in tudinp auto savancev eta proracr top securnrncer0 ^
<br />Runtlred peso tetgpyjcf iha ortgryi prm[rWe arMUnta xcu+eo Mtaoyt~
<br />ta, 8aflbdlal QUnubtM. An rerMdrep wovrdetl rn ih»Trus[ Oeed era tlnbncr Grp
<br />cumubtHe to am- ottrar r1pn: or remrtay under tots Trust Deed ar sffatlao by »w w
<br />eautry. aM wy M axarclsed taacurramW. Indeperpmtty w auccasarwly.
<br />t5. AeuMretlam Rartradtaa: SW. Upon default DY irustw m tM PeYment or am
<br />IMaNedtbae secures fwrebT w in rM periwmanp OI anY agreement rreraurper.
<br />13arra}twary may deans alt puma eaeuretl Hersey Immed»tery due antl Gayabb try
<br />dspvary to TYUa1N Ot written datiarsll(M at tlebWt. TM TtusM Dhag Mvp !M
<br />Rower a} Gab of tM Moperty Grp d 8aneltcbry dWirea tM Property to be aoW, ft
<br />aMBtlalpmll wltR TNalpp M» Trust Deed arrd oil promrasory nOtaa aM dOCUrtrolita
<br />saWatwuip expetrtlhurea aeaurad nmeby, and atop Mlwer io Tnralee. a wnitan
<br />rrwrw of dataWt and ebetbn to canto iM Prbpany to M aoM, amt ana Truat» rn
<br />rum atoll prepare a simper NwICe in tM twm repuhed Dy law, wn+tn sheer M dory
<br />ttbd tw MOftl err 7ruaW.
<br />.al Attar Me !seep pf wan time ae maY be aepuired by 18w tplrowinp IM rxorp~
<br />atbn W saitl Mtiu ai default, ertd nestle of default aM natrca of fa» narlog
<br />D4M gnarl as rapuiratl by »w, Truytes, wsthdit Oenbrp on Truatw, shag sail
<br />tM PrdPerty on tM tote and at pre time amt Dbte aaalpnptao in paid tptlGp of
<br />ea», at ¢ui#k 4uatbn iD 2M n!pleeat Dldtlar. tM PurcMSe price paYWb In
<br />1PVt10 nyoner Of iM Un11ad plates at the lima of sate. Tne parson Canduclrrrp
<br />tM anb AMY. for Yny CBUae M deems pXDadienF. Pabipane the Wn from brtn
<br />io tbb until It aMa M CorttDletad sM, to ovary ouch Cate na!ICe 9t Roatpone~
<br />mpn2 Nbtt M gt'van q pubpc darlaration iMrsW DY arrcrt penm al iM bme
<br />and Pbca »af epaOtntad iw !M seb: wOAded, p tM Gab n pdefparud iw
<br />ronper loan tit day Myorp iM deY aealpnntetl in tM nwlce of Wn, notice
<br />tlbranl eM41 M Pi"a^ in tM Wrtra manner a} [M wrginal melee et pare.
<br />TnntM rP1t11 execute art darker iG tM purcltaaer hb Deed cameyrrtp tM
<br />PmRart-Y aped. but wltndul anY CavpnaM or wanaMY. eKPresa, w imuilad. TYm
<br />redtaia b Het Deed o! anY-nbtbte w news Mall De GmcAnrw proor W tM
<br />Iry{ntaytrraap kMrew. ArrY person, Nttlrpir+@ BarbfieltrrY. may puiGM3B a[ 1M
<br />Gab.
<br />W tepMrt TSV4fie sat» pLftuam fa tM Pawan nerNn, tM 7rvetae snob appiY !M
<br />nrapNtla of FM eaN b paYmme or w faab antl expenses m axsrcesinq FM
<br />power pt a+b area w tM Win, rMruaierq SM paymont or !M Teuatep'k FeW
<br />ta{uegy Hrsuned. trPt to aacafq __, ___._.....Mr ai tM gab wife, aria tMn tp
<br />tM Rama m eubparapapn taiin tMUrow iMnabfid.
<br />cy Attar Raybrp 1M Roma apaeg»d m aubparap<tplv!Di p tnesare » pr trustee, ar
<br />w aroa.t CaartAMaiMr Chip ai fwaPloaixe art Wb It tea N» ra pW;wnl
<br />is 7ralt¢iY4 iaracunur4 rMrxa:«tdaa! WM aMN M n~tred n tM ort»r stated
<br />t0 taaaaX+lrent aF
<br />~-, twa a amY.rmertaa at Win praavrad m CPnnl Hm wan aacn Gab arq or
<br />eras rewme atattbw'
<br />i(; Areauan rtyaarturaa Mrs':
<br />
<br />tB. DuIIH and ODIIpa1bM of Trua/ee. (a7 Tna dubea aM obilpellona of Tustee
<br />atoll M dB»rminW Solely py tAB ex Dress grmiDlone OI IhB Truel Deetl antl TfuatW
<br />atoll not M IiablB except for the performance of sucn dukes and obllpAbona as are
<br />speclnCally sal forth nerBin, ana no Implletl torments Or oblipatbna atoll M
<br />imposed upon Trustee; (b) No even»lon of lh» erns[ Deetl shalt repuln Truatw t0
<br />expend or rbM hla own tondo, or otherwise incur any pnanclal obtlpeHm In the
<br />partormanca of any or Its dubaa Hereunder, or In the exercise Ot any of itsTlpht w
<br />poware, ll it shall have gr0und5 !w taaifewnp inat iM repayment Of each luntl! Or
<br />adepuate indemnhy egalnet sucn risk ar iiawllty is not reasonably assured t0 it; (c)
<br />Trustee may r',anault with cwnael OI ma own Cnowinp and IM atlMeB Of such-
<br />counaBl shall M lull and Cam0lete aulhoniagan 6IM prOtectlOn In iM reapeCtof
<br />any action taken or sue}erne DY it nefeuntler Irt gOatl faith orb reliance IMraon; (tll
<br />irneree atoll rent Mlieble for any aatton taken by him in q(pd faith srW
<br />Mbeved by him to M autharizatl or wlthrn tM dixtetim Or Rghla of pOwsya
<br />conlerred upon II by cots Trust Deed.
<br />1T. Adtlillanal s.wRty InslrumMfi. irustw, al Ile axPmae; will exacub an0 deliver--
<br />ta the Truatw. promptly open ddman0, such security InetrUmenb as may M-
<br />requlretl by TTn34W, to (oven and subabnCa aallafaetory to Tustee, covadrp any of
<br />me Pmparty conveyed by toes True[ Deetl..whieh rl@CUrity tnswmmts-alfig..bs
<br />adtlitional aecudty rpr Trustarb tattnful pertwmanM Of ail Of tM terlib, COYellerrfi
<br />orb corrrldloM at cols erns[ Deatl. iM promissory notes secured-Mreby and
<br />Other security irtatrumenta executed In canneetlm with ihle traneawbrt. $YC~iI
<br />inatmmenta snag M recortletl or tltatl, Grp rerecorded and relibtl, at 7ruatrsfa
<br />ezpenae.
<br />18. Mtarxalbneab. -
<br />ta} in the event any One or more o11M prwlelma contained in [hb Trust Dead or
<br />the prombawy note w any other aecurlry IMtrument peen In cmMCtlon With
<br />tens trsmacMn shalt tw any reason M Mld io. ba fnrtlltl,. Iliepal w
<br />urrentvroesb!e In any respect, sucn invslltllty, Illepailly, or unenfoiCeabiltty
<br />shall, at thB aptlan of Beneficiary, not affect asp othw prpWlon 01 role Trust
<br />Deetl. Dut !His Trust Dasd snail M construed as 11 sucn Ima114 illegal, Or
<br />unenforceable provnlm hatl never been contained Herein wtMretn.
<br />t0) THIS Trust Oeeo snail M consbued actortltnp [O iM IBWa Rf tM Sbb Of
<br />NeDreaka.
<br />(<) Thla Trust Deetl sheet Inure t0 antl bintl the Heirs, legatees, davieesa,
<br />atlminletratws, executors, succaaaoraand aealgna of Iha parties hereto.
<br />!w ' ustw shell pay eli lazes levied upon ihle Trust Deed ar Ina debt aecuretl
<br />ereDY. lopefner with any ottrw taxes or flaWa8manla which may 0e laved
<br />egannf the Trustee or Benebclary w IM iepal bolder of sold Dromiesory cote
<br />on account o! `M MOabtednesa ewtlanted Mereby.
<br />net Wnansver used Hereto, Me alnqubr number Gnarl 7n[rrtda tea plural, Ina
<br />slrpular. the use at any ¢maer snail M appllcaple to all gmtlara, Grp the term
<br />-'genetle»ry" snail ,netuda any payee of iM IrpeDtetlneas here0y aeWretl Or
<br />any banster rMraol. wnetnw Dv nperadon of law or otMrwf W.
<br />!q. SuCCaaaw Twlae. Benebcbry may from time to time au0atltuta a successor or
<br />ws to any T:usbe nemetl herein w actirrp MreuMer to bkecuta Iola Trust
<br />Daps. upon such appointmem ana wltMUl fpnvpY nee fo tM aueeeasw Trustee,
<br />iM brtx .hen M Yeatpa wan ml br», pawed, aid OgnW Donbrretl upon .rtY
<br />T:uatee herein named cr scene Hereunder. Each sucn appOlnfmani and
<br />au0atltutron snail M ma0e by written Inatrvment by Benefciary, contalnlrp
<br />reference to tots Trust Oam ana Its place of recdm, wNCn when rowMed In IM
<br />oltpe of Inn pegbtu of Oeeda at the county w eounilea fn wnicn cab property le
<br />situated eMlf M tonclualve Orpot of gropes appointment of tM euccaaaw TNatee.
<br />TM foregoing Power of auosipution and the prccetlure tneretore anal) rot M
<br />xciualre at top Power erM pr«etlurs provMed far Dy law tw iM arrDatitupon at a
<br />i ruate6 w Trustaea Ir. Me elope Df tM TruateB.
<br />20. FaeMaranca Dy earbflebry w TNataa Nola Waiwr. Any toreDearanee by
<br />BeMpcbry or Troatee In exeraainp any dent or remedy Mrountler, ac Wherwbs
<br />arlwded Dy appbcablp law, atoll not De a waiver of or preclude iM exemlae of any
<br />nghi w remedy nersunaer. ~ikew ae, IM weever DY 8errpiiciary w irueiee of any
<br />delsUli of Trustor under Mis Trust Deed anal) not De deemetl to be a waiver of arty
<br />atMr or aimibr delauib aubaepuertlly occUrbnq.
<br />2:. Truatw NDI pabaaed. Extension a+. IM gene for payment w motllHCadon w
<br />pmorthailon of Me sums sacuretl by this That Deed pranbtl Dy gerbik»ry to any
<br />IleDllity of tIM oripM83 Trumor or Tlrueitw'a buccaebaa o~ In In»fB eat, gaMNClary anal)
<br />of M repurred t0 Commartce prxeedrnpa against ouch aucceaaor ar refuse t0
<br />ex1pM bme ter payment w otherwise modify Amortization OI ins soma ascwed by
<br />tots Trust Oaed py reason pr any demantl made by the ortpinal Trualor and TruetoYa
<br />9~.,cBesCre rn tnbre5t.
<br />22. DalaWt n there atoll M a tlaiauit antler M!e Deed al TrVat w antler my wbr
<br />wtgaps, [he Berietimary may cure sucn tletaull, end me amounts sdvaneed Oy,
<br />nerd other eoala • tl e:penaea at the MnetlCiary in eunnp such default, wIM
<br />rest st ins dsfaurl nab contalMd }n the Nots secured Mreby from tM bmo of
<br />Ina advances or payments sneii M atlded to iM Irpebtedrreaa secured Oy Mip Trust
<br />Osetl and may M cot»etea Mrountler at any time after iM limo o) ouch atlvenees
<br />ce Raymonta and anal) M deemed t0 ba aeeured hereby.
<br />23. rDp(IQn Ip Foraclwa. Upon the otcuranCa of any tlefeult Mreuntlar, geneficlary
<br />sneli nave Ina optbn 10 foreeloap this TruA1 Daetl In tM manner prmltlad by law iw
<br />tM brceimure w mortgagee oc real aroperry.
<br />2a. TruaW/a pipAH, Absent Dafiuh. Un111 any default In tM paYmenl of
<br />Inda0ledMaa hereby aecurp0 or until Me breach of any cowmni Aenln contained,
<br />tea TNatw, {b sucpeawrs end aselpna. snail poaaaea end entoy tM Rroperry, antl
<br />receive ins rents and ptotrta therotrom, Upon payment of ell some eecwsd by Isis
<br />Trust Cead, BeMbciary aMb reaueat Trustee to re~mey the property Grp sheet
<br />ender tNa Trus[ Deed ann aN notes evidencirp 1MebiedneW aeeure0 by Inia
<br />Toni Deco to TrustW. T va1M snail reconrey IM property wltnout warranty and
<br />wnnouf cMrpe to tM persons Irgaiq mlittstl tnarpta. TM GreniW In any
<br />econveyanu may W daxrmad as "toe parson ar penma enbtletl iberelq" and
<br />the recllab Merern of snY meitere w +scla shall M Cdnc{naive prow at tM
<br />tn;thivlnssatMreot Sut-h DeNSOn nr peranrea shall pay aU COats of raCOrdlrtp. it any.
<br />25 ACplanRpn b tM Eranl of Tnmfit. in tM evert tM tftb to aid neat satCtp la
<br />translerte0, or tonvactm to M treMterretl, tram IM underolgrtetl tw am reeean w
<br />by arty meiMe wrtetaMVw. M8 emus wlnclpa! wen artd accruetl Intwwl enWr al
<br />Le tletOmo sup and paYeDle el tM B»clim of iM tieMitcbry_ FNWre t0 axwCiae
<br />M» ap1bR baCAUaa pt lreMler of true as abava StatW to one Inebncs atoll not
<br />ere sUtule a wiluet Pf tM npht to pxertlW IM damp In 1M atone di anY aubaeaYenl
<br />m. Tnls daaa w trust b imrw to art dues _
<br />aaaWted DY Truatw ra __......_...~._.__-._._,_.__,~,___~,r_ TruaW,
<br />aeounng•WlMioti note lOr -_,,,
<br />fbliaro art grad ter refwd wile tM ptrp+arar of DMda eM ldartitibd W lorpwa:
<br />iM rwrearpdx, rr axes. raw Itarw a t+n.ry a@t<ena ma•ero
<br />
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