|
<br />ana, w!rnoat demand, snap De'immeaiately sae and payanle ay -:,.:stn: and snarl
<br />beer leterest a; ma maximum annwaale regal :a^.e~ vrv+idad. nowe.'g: ,wr a• '+e
<br />option Of Benericiary or Trustee such sums may be aCW_•d to mg Crlncmal balance
<br />m enY tndebtadnass secured nerndy antl snail bear tRe ss ~rerest s vch
<br />intlgbtecnebs ana snail ae oayaDlA raraD!5'OVer tea rema:nlnq'erm lnereel a
<br />tb AaalgnrlbM of Reno. 8enerlc.ary snair n G ~ p ~ .o authonry
<br />during mg continuance tot trite Trust IkrOd to can ts,' na proh"s o'
<br />the Property aria oI any Dersortaf prapgrty tOCatPtl tnaregn wile er witndul tak+ng
<br />po9sxs9fon o1 the sOPertY a}(eateC horsey. and Truster herehy absDtutgly And
<br />ncCndtbOnally assigns all sucn rents, issues and profits to BSne!iCiary.
<br />BBnetlLlary. nowev8r, nerapy con4enis to the Trvs3o~ s cplieclion enC retenilon Of
<br />seen mnl8; iss as aria profits as they accrue enC Detpnu payable 50 is
<br />Tmata( is nOtu at aUCh times, in default with rHSpett t ent of Sa
<br />tMeDSedna96 38curad tiHeby Or in. inn GerfbrmdnCe or env agrg@m@mt hereunder
<br />t/DOn any each default. 9enatiGary may at any rim?, gnher in pgrsort, by agent. ar Dy
<br />a reCeivM to a eppaintetl by a court, without notice and wi'hquf regarC Ip me
<br />adequacy Ot any security fOr inn indebtedness hereby secured, to e~+er upon and
<br />take pas969slon Or tea Roperty Or any part iheret'.f. antl in its cWnname. sue for o,
<br />OthBryYiSe COIkLt 9UCR rants, Isau@S enC Ciptite, inL!utling Innse plat ^ue and
<br />unpaid, and appy tM same, Igss costs and axpense5 O! oDeratian antl cmiocticn,
<br />fnCluding reasonable attorney teas, upon any indebtedness seCUreC Re-any, and in
<br />sucn stler as Benefi Clary may Cetermine; (b} perform 'ruin a ' aoair nr
<br />pmtetliOn a9 may tq necessary or prop8r t0 cOnsen^_ ine value Of •t.se ?rCperty; ;CI
<br />Isar me same or any Pari tMrenf for such rentat, ?erm, enC uDan s.;ch conditions
<br />as its jade®mgnt may diCfate. Unless Trustor and Bera!Ittary agr?e otRerwrse In
<br />Writing, arty 8pp4iO8hpn at tents. i5 ue6 Or profits So a :ndebleart8as a urea
<br />Mrepy Shari rut xxlarM s pdstpongs*.ne Cue dais O: iherrnsta.imenl perm rats as
<br />Drovided in said DromtSaory nOZe or Lhange iris ampum o+ Sur,^. „s:al!menis Tne
<br />emenn9 upon and taking postussion o! ine Propene. ' cOAecriOn of sucn rents.
<br />beuea and prOlits, arM the aDD1ICabon mereot as atorBgatC Snell net waive o• cure
<br />erry dslaull ar noL1Ce of tlefault hereunder. or rm'atiCe".e any act done pursuant to
<br />9Uth nOtla. TfUSior a190 assigns to 9anehCldry, a9 tunher sRCU^rh ' !ne
<br />perfamlana d} the ODngatinns SaCUreC ~ al! preCa•C ;.~nls and a.. i
<br />ereey,
<br />which may have Oeen or may nereatler bB IIeposrtaC wire salC Truster by any -essee
<br />Of IM PropeftY. tD SeL B *Jl¢ Daymgnt Cf a .~ :18taur' :n
<br />Perta+tnarl<e Or any Gf iris DrovfS,Ons ner80! T: uslmnagre8s id CP.live+ sucn. rents
<br />aM dapOAit3 to iris Beneficiary Dx'iivanY pi wrsrtxr ^-m - _ ne 8eoeu-~a-c's
<br />ezerUae of flu rights granted ngr»Vn, to any'@nant atcuq rn salt P.mmtses s
<br />ba suHleient t0 r0quire Said tenant t0 Ddy 4ditl feet to :ha $ nehc~ary::nhi tort n8r
<br />notra.
<br />ti. t.alwtl PfarRlaaa. Within 10 aay4 attar demarxz, Ttus/s aMi1 tumisM1 to Trustxx
<br />• bchadYN Cert1ltrq 10 M ;rue. salllng tsih air ea D to in iris '. rust
<br />ptWaftY I/1an m effect, InCfutllrlp, In aeon ca5a, 3ngsnama of eta tendrils ana
<br />OeCttppnis, a dKChpnon of IM 9Daa OCCUpred by sucn ienbnf antl OCCUOant.:n@
<br />ran4t payabb tW auto apace antl sucn Otnar Intorrnahon and dacununtA w
<br />ranpam to audit leasru aria rorlanctea an3M Truatee'maY repuesi. •~~
<br />WNhtwt iM Df~ Wmtan eDnaem Ot TiUatea. TIUatOr snail rim, dlrgtt#y pr
<br />IrlfHraCtly whit rMpaC2 t0 err)' IoW at apace do flea desCirheG Dremr]BS, wneinxr
<br />elicit iMN h flow or MraaHar m a%latante: (el aODODi IIY permit any maDeymenl.
<br />rllaewznt Or tWrarxe rant payndle in«ewMM (01 Cant@I or ;arminat@ tea same a
<br />accept arty CanCNbdan, tarminatipn Of aUrretrd9l'MieOt, W Cermll dray arenr !o
<br />OCCar Whlth Woutdantltfe til@ beeea tnereurWed tq i«minat! D' CanLD{ the damn:.C7
<br />«MIW qr mpolty iM aanifl aD as (C :educe IM term lMrxnt, 'M rental peyaale
<br />illaraurWar, « t0 eMnpe airy renewal prwiaiona inerein cantalnep; (dl wane env
<br />datwlt eP1«eund« Or Dreaeh ttwfppt-; (e) k.ve enY OOnYent, waiver Dr dDDrova:
<br />ih«autq« or rata any otMr action sit rnnnsmaar *.n«ewdn, s wen a leases
<br />tlbraurtd«, whim wwb new tM affect of impeinnp inn va{ue of teaaar's ihieresl
<br />UlarauROaf, on tM FnDpM'tY aua}Kt to«ato, a m impalnrrg fib rwsUlon. w inr«eal
<br />M tM Trustee a 8anaf}ciary. s to Krl, aeaipn. pledge, modpage Or mnerwiae
<br />dtapo.a of, serlwmta«, lu inr«pt 1n any auto !seas orany rams, isauea ar protr.a
<br />Itauirp s aAairp 3tt«eu'nd«.
<br />12 COaOMnMtl«L It hLe t0 any Dartat IM Prgperiy snail M Idken in cOYlCafnnairM
<br />pWdaadhtCa. DY xtgSt W emfrlerlt 40maln s nimti« attron, G Anal! tM sold under
<br />[MNt O/ cortdNnMtWn, all aw«aa, Cimagtla eM prOCeOtla are n«aby aaaipnad
<br />and sitatl-M Daki io Bsnafltfery wew snail apply .sucn awards, oamagee and
<br />Argceeda to tM soma secured DY iM Trust Dead, with iha axcesn, ?f any. pab Ia ine
<br />Truatar.. Trust« will prsnpUY, and wHn due d<!rpanpa, *eparr, suer and reatorw tM
<br />fepblydRg pert Ot kM Truai i>roigrtY to its tOrnbr CS1rlputlM auD]lanteally is Ina
<br />atMteMl tM La+ue may W f Wltlla arw ao as to Cansihuta a LamAbh And usable
<br />uAil
<br />i$. ihrYaeA/aarrpa,r, tlAdn repnelC of 7rusiM. Bafrokewry, st Baneficlary9 option.,
<br />prlp ro ncpmayence Of tM P*apertY to iM Traits. nuY rna..kg tulwe adranaa t6
<br />fM Ttv«« Such YutUM advantea, WIM intera8t thernpn, aMU a secured DI' tole
<br />Truai Dead Wien erbanted DY Promlaaary tgtbb ataimq that Said nata9 are
<br />aeWfedi tt«aq; praridw .Mt al rl0 Itme aMn LM BeCUraa Difr.Llpal, `uiure
<br />adYalla{, rapt InCluding au1M eGvayLea to plotaLt 2M security, @'xtatld ORB
<br />ta,lltdred p«CMt (1g0aiz of tM prigtM: pritu;.ipft an WunU saGUrad haraDY.
<br />1a. Ilaetalllea r. rwtrriatla4 nn xeriNtllK prpvtdaa an this Trust Dead 6Ye OiatlM;i YM1d
<br />WmuNl'~M taarry ottwr tight d ramWy Utldtlf ihy TrUSt Dead s atftndagtry law or
<br />aQW ly, arM may ba a%aiCia«t tMOUrrynify. f rgaparrd@mlY or auaCassivNy.
<br />15. AOM)«aY«t'. ItairMar Sata,.l/ppr, default by Trusts In IM DeyrMnt DY any
<br />Ir1dMtOtlMM arturad trrwy pr In iM p«tMnaAOa of enY agreernant nereurwar,
<br />7a11ettU"afY RzaY daCt«f all atiftt- aeW re4 n«etry Immedlalsiy due and payaaN Dy
<br />delNezy ro. Trwiea of written dKl«ahonof detaWi. Tits Tnratea ahan Mve tare
<br />Dan« Ot eau of 1M Rroparty arW.N 8enetknuy dwUSa tM Properly to bra bsa, n
<br />attalI t with Truatw irate Tout dead and ail promlaaary rotas antl tlxumerta
<br />rip a%pandtturea aecurad h«eDy, antl anon. deiN« to Truslrse, a wntgn
<br />rlotica pl! rtafault and etatUOn tc cause 1M ProDariY to ba sold, and 3M Trualae In
<br />4tan Mali prepera a atmi4r Natka In.1M lams »pulraO aY law, whiCn stun M duly
<br />died f«.raaord tzy 7ruslala
<br />fN Ah« tM tepee or sucn trma as :tsar Dn requ)rraa br 18w sotlowing '!b raeoro.
<br />at)ari of sWU ytolice m default, and naiia at default ana notice Ot sate navmg
<br />Daen pn'en ragWred Dy raw, Truatae, wt:.'wut aernarrd oa Trusts, sMil 6ni;
<br />tMPrap«ty rn tM Cate antl az tM rime nntl Duce dea;9+uted in sa.d natlca cf
<br />aaN, ai puDtk auatbtt to rM nighe]t bwtlsr, tea DurLRase pries payable in
<br />tawtui atMay of iM t3mtad Sgtaa at tM Sfinb a}. assn. Tna Par]ods tdnduLhny
<br />IM aaN may, f« any <auatl M deems azDedlent, postpone tM sale /tom time
<br />ro tkltib unili it ahaz! ZM Completed an41n av, ray ouch ca8e, notka o! DomDans
<br />men! shalt tb ghwn by Dubuc doc:aratbn E ibtaof by sucn Det30n at tea erne
<br />a+rd pica fast appointest fa tM sa4; prclsdad. ;! iM aaln ;a ppstpotuC sot
<br />IanWr titan (i) say biaYastd tM day dealgnalea in LM RmiCa Gf sale. nmtcu
<br />tit«adr awl fib gWea {n EM aanw martn« ss tM arty:Hal notice otaa's.
<br />Trustee 9t4ab7 execute anal aaUver. to SM purcDeaer n:a Deed conveying tM
<br />pfDp«iY ski. but wiihput a[ty rAVanant s wabaniy, esDress, s Implba. TRe
<br />rectiets (n tM Deed of any maitar9 or facia ]Mil om tnnttubive prop! m Lea
<br />Ntdittutrtaea Ihereot. Any ps]ort, InmUCinq He:rBticiary, may D~fanaaa xi tM
<br />eats.
<br />(a) Wheln: Trustee 9elh purauam tc IM powers Mreln, :M Trustee shall ap-ly iris
<br />grd,aaide of 4M aab to AaYment at 1M COStb arrd azperlAaB ai aze[C9binq by
<br />power of. ±ab slid o' the sale i ~~~9 Lhe paY:•yn; br ;rya rust@e S fgny
<br />8ttuitty t,curred, its t0 exoeed __ 94 Of tee ]ah p l..b, and ;Mn'a
<br />tM !tiema In au0puapraph (q .n.3ne aroar iMre sta3ed.
<br />(a) Ater psyi!?9 it;ry is sspecitied In auDparagraph fit {tea axe ii by Truslae, or
<br />ills pmp« CYYFtti and Othk; aoat8 4t rafactaeun and Saio tt SM 3dlx a9 W fa UBn,'
<br />to judkiel }oiaL'bpurb, iM DrOdeada or safe LDa#f M appl{ad Ir. IM Dros: eta«eC
<br />l04M payment Df:
<br />la CasEa; iihy exidenL'e Ui SttleprpturaO in Ca!:,t0<-!1pF, w}$;1 S<'tn 60io and:n
<br />arty rgenu@ stamps:
<br />Nl aUma ilkan.irxsq'1a Mridpy,
<br />TM ranWindex, :l enY. fp?nn De+a6n 1s5#any an4inad trio.erF
<br />82 ~- a:~ ~3 ~ ~ ~ 1
<br />to Dudes ane onlrga{Inns as Tmareg , - +.puas and oduganon6 nr trusts
<br />shalt D9 dete+minetl seieiy al=!ne »presSap ¢ of Ina Trust Dxea and Trustee
<br />shall not Da ~iaDle exc8p! tc• :ra per';;rmanre et sucn tlunes antl Dbligallo?9 es are
<br />spea.Ifitaily vet li n RSrel~ a -replied c odligetlon9 9na11 be
<br />imoo ee h r . tin = T t D d Snell regv re Trustee to
<br />asps d I k .:ss f d r h 1 191 adilgation In iris
<br />perm y t I ^ ,. r a mine Ise of any of hs rtgm or
<br />pOWe If h h?F. ~ „g fa i Iraq ,hat ,Ra -epaym»nt 9t such tundA or
<br />dC9GUate Intlemn~ty agAinst sucF =iSA Or I!adilih/ i9 not rod60nebiy as.9Ured 1013; (C)
<br />Trustee may co.?sell wltfi caunse: of his own cnoosing and ills advise of such
<br />- Dnsel snap ba oral ana LpmDlafa a~,,,ngraarlon and protection In ine rgapem of
<br />any aptlan taken Or Buttered Dy i; hereunder !n gaud take antl rgllanCe thereon; (tl#
<br />Trustee shall not ce!iad:a ta• any ectlnn taken dy Him In gorxi taltn antl
<br />Deilevatl by him td be sutnorL-dd or within the Ciscretion or rlgnts D7 powers
<br />coof8rred open it d'y tnB Trust Daed
<br />17 Adtlltbnel Security !n9lmmenta. Tnieinr. at its axpegse, will execute antl tleilver
<br />to iris Trustee, orompt!y upon axmanC. sucn Seto+Ity Instruments as may be
<br />required by Trnste@. in rnrm Ana suaatanca 9atbfactory to Trustee, covering eny of
<br />:he Praparty Cenvaved by trite Trust Deed, wnicn security !nstrument9 Snell M
<br />admtlOn.Bt seCUrny tar TiU!5t0r'6 iaitnfui pano!manC@ Of all cf iris terms, COV0nan15
<br />antl condRlons of irate Trust ,exd. the prgml6aoy notes sacuretl nereDy, aria any
<br />ether aetunty insi'U:manrS exeCirtBd In COnngCtlOn Wlfh this iren9acflOn. Sutra
<br />nstrumants seal! ,.D raccNeC ar tiled. enC re-reCardad end rellletl, at Tru9tOYa
<br />expanse
<br />18 ai4attarleaUe.
<br />1a1 In ;na event any ena nr more of !^.e proNSlona contalnatl ir. Ihls Truai Dead or
<br />iris Cram199My rime Dr aRy airier 6acUnty IRStrUmani given m ConnecllOn With
<br />lRts iransaU{an ,seals Enr any reason be held to be invalltl, I:legel or
<br />@nrorc»aaia in any rasped. sacra myanatty, Inegmuy, or prrentoreeaou+ty
<br />shat: a cp:lon Ot $gnghciay, not affect any other provision of This TrVSt
<br />~aed. but this Trust Deed 'shall M cons;rUOtl a9 if sucn Invelttl, illeg8l, or
<br />un n. r„eaOin prdvis:an ns0 never D@an Contained harem ar therein.
<br />iA`. Tnis Trust 4aeC snail bx consirvgC atCOrd~np to IM laws of iRe Stale m
<br />'#eara8ka.
<br />iC! ?ri9 T!49t Dead snail ilu:8 tJ antl bind the neir9, fee 82e84, deWSeea,
<br />aominlstraiprs, pzaCUtss, sucpesnOra enC a9srgng ct ine parties nar0ln.
<br />(d) ustor Snell pay an taxes laviHO upon :Rls Trust Deed or iris tlab! secvretl
<br />,.amby. logatnxr wltn aR'y other t8%ea or A99tl89meRY1 wnicn may M IeYletl
<br />eqa,
<br />net flu Trvatea or Eeneficiary q: iris legal natant at saiC ^rgmissory note
<br />on aCanunt of the intlemeonesa evldanced !hareDy.
<br />191 Wneruve+ a ed n8reln, see singular number Snell include ma plural, tea
<br />vnqular. ;ne ux of env Bandar snag: ae appucame to all genders. ena the rerm
<br />"'Benatitlary" shall include any payee Of ine indabtedrte9s hareb_v 9acUr8d or
<br />a ti . H..6,gr tnereat w!'.atn<tr Dy ODarellCn Or law Or atnerwr98.
<br />te. 3uetasa« TruLM. BtlneY~cian maT from hmtl iD IImA suD]litute a euccaasar Or
<br />sMuc~c~e83o~s tD eny Trusice namaa herein nr actmp Hereunder to xxacula trite TNet
<br />van V. L'Wn auCn BDDOiitmant arr0 wi!Rput Can>"ayaRLx 10 Intl auCCea90r 7ruSlee,
<br />IM latter ai+aif :Ya reefed welR a titi8, pOwxrE, end dut!BS eOnleffetl Upon any
<br />Truatea n»rnin ~ man ::. amine +` reuntl8r. Each auto appointment and
<br />Aubetltutian srtaii abe triads Dy written Inalrumant by BarrePlaery, Conlfllmnp
<br />'alarante *.4 tn:a Truai Deed antl 113 aieCtl OI reCOId, wnlen wean r000rdetl n tM
<br />Office qt rite Rapislar m Uaex78 nl rho county or coUnlleb In wn4Ch aald property Is
<br />shuatea ane!! M conrius,va prom o! prnpal eppWnimenl of the auCCeabor Truatea.
<br />'MM rsepolnq Dewar of 8ubatRVllon 0nd iris progeUUre IMrel Dre bhall n01 tb
<br />e%tfusi.x a+ en» pcwxr ono p~rk:Mlurn Orovidntf +or Dy lbw for iM aubatltutlon of a
<br />ifust@a or frua:ens in. iris piarn of iris 7'ru9lae,
<br />2d. fafbaanrla by ttanNklarY u Truatw Not a Wilv«. Any Iorebaaranca by
<br />BeneilClary s Trustee in a%arae+np any rtgnl or remeaq Mreunael', ar otMrwibe
<br />arfadatl Dy bppllantr:a Ipw, aha!: JS bg 6 waiver of Or prxCiuda Ina exdrtlae Oi any
<br />right dr rematly nereunUxr. Ukawian. tea welvar by 89neI1 Cary or 7rueiae of eny
<br />Belau+t of Trustor un inr ihtn Trust t1»atl snail not ba deemed to bA a waiver of eny
<br />Omar Dr similar CafAUi(g aubaequ0nlly do Cyrrlnq.
<br />11. Trvat« Not Relaassa. Ez.lenaion of ir!9 time for peYmeni or mrxlitlaban or
<br />amstlzabon u9 me aurna 8acarnC Gv tma Trunl Daed pranged by 0eneflsary to any
<br />ucCeaaar in in}era81 Ut TrupDar aMil rim operate t0 rnlaea6, In any mann8l, iris
<br />r:uxiity al lira nr!grnal Tru9ta[ or Trustor ;s aupGes90r In inl8teoi. B@nehCle'ry anal)
<br />not ire requ;rad to cgmrnenta nrncaedinga 0gelnal sucn sutaasor ar rsiuae to
<br />arterw tirnb tar payrnani or atROrw,aa miMlly amblti2atlOr. Ot IM aumn baCUred by
<br />Cots Treat Caao by rea9an ut ar.Y dernanC made by iris onglrte7 TNSIOr antl 7r'uslor'a
<br />auaL@asaro in internal.
<br />T2. OsLaIII. n :MrA ,szrall rye u tlniauit under zhla Deed of Trust ar under any prior
<br />rmrtgago, tM eanxnc(ary may Curx uu<h UBfaull, and the emounia etlvancOd by,
<br />antl 01Mr CMtb aria expengae cf iha Dnn911clarv !n Curlnp eUCn tlelbuli, Wlih
<br />fnr«ebt a3 the dtllaun tab aunixlnod fn thtl NOiq 9aCUf0a hereby (rpm ine Ilme Ol
<br />IMadvartea Or peYmen+.a ahail rya aUUxo ;o iM indableanabs aBCUraa DY tnls'flust
<br />Dead ar+tl may Ua Ccliactad MHBUndar rat any rime nhar iha lime df eUCn edvanaa
<br />s peyments enC shall iTe deemed in Iw aacuratl hnioby.
<br />?3. Optbn is F«acbae, Uptln iha occuranco of any CBiaml ntlraundar. Hanaliclary
<br />anon hero tM CDlion Id fdrb:'fo9a ±kla Truai 69eU in t.h0 manner proWd@d try lew for
<br />iM issC WEW a dl mprrgagxs on real properly.
<br />7i Truskah Riphiar AbNM 9hfauil Unlll any dxfguit In tea payment of
<br />'nWDtaursaba nataby axLUr9d o: until tY.b dream pt any CovaRaRt herein tonlalned,
<br />!rib Tnasav, its sucgeaAma enC essigna. snail Doasoab antl nn{aY Ihx property, and
<br />Feu:va zr5x rams and protlra t:re:atrom. Uaon payment of an soma bacurad by Inis
<br />TruaF [lead, Benntkiary shat! rnqux+[ Trvsteo to recgnvey See propxRy and shall
<br />rrarSCnr tnib Trust Deb and ail r~ren evldxRClnq indtlblxdR6a6 5xeuf00 Oy this
<br />Truaz DoeG t<` Tnrnrag T ua:xx Shan nc~onvxy ine Droparfy wltMui warranty antl
<br />wnMu; n*,argi to '.ra ten-r..E legally entitled ingreto. The Grantoe in any
<br />' vey -. "r La r ;C tl 'th p <., 4r Da'aana anlltibtl [nxrpt0, -antl
<br />iM reLttea Resin ri alters n+ iACt9 bhali DB ,Onulu Yive Drool cf Iha
<br />lrufhlutn Y n
<br />ass rPreraa' 9+iei, extern Grpa~sars Snell DaY all coals O} roeardlnp, II arty.
<br />25. ACCN«adon Ir. lrre Ewan9 ed TMnaiar. V= the event tea title lu sei0 real satata to
<br />' ansta ad C d Nana ga f m the cntlern:gnetl for eny reason dr
<br />OY any raw: wnatsOa r. t!r . p ~IOaf sum enC accrued Inixrgst shall el
<br />erica Duc a' C p y b t - 1 .ton tlt Ihx Bartetitlary. Pxllurx [d axxrLlae
<br />trite OFion baLau. 3 nS7Ur UI 'tr?=9 as abOYe Atdtad in nstanCU snail not
<br />- nalitUtea-wetter al5na arign'Sa nx9rt19a iris Hama in the x~6rtt al enY SUb68gUan'
<br />xnbter
<br />M.Tnln deed or truss a,u_ntq; ;, ono dataa N.~A
<br />axecu!e4 by Truatiiv to _
<br />. __-_.. _. _. Trust
<br />T+KVrf,_q aprtnC:palrate Pea _
<br />CMilara d IIlar; ,r rxe e. ,n, P.agiala' o' 3aeda end Ider.tl;:xU its Yaltgws.
<br />
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