of the Property; to secure U
<br />perfomance many of the prc
<br />end .deposits'' -to. the Beneficl
<br />exweise o1 tt.n rights granted
<br />be sufficient to require sold to
<br />notice.
<br />11. Laos" Piwhbee. tYlthin:t�
<br />a schedule oart.f od to be it
<br />-
<br />Property then in affect, Inclu
<br />forth mill
<br />base of space in tI
<br />nd or modify, tits Some so as to reduce the term: thereof ;, the k,
<br />Sunder, or to change uty,ranewel provisions thoreln contained•:
<br />ufl thereunder or,bteach thereot; (a) gays any,consenl, wahre
<br />Nmder, or.take, any other action In connection, therewith, or
<br />ounder; which would hove the effectot Impairing.nt,value of lea
<br />Sunder, on the Property subject thereto, or of Impairing the posltl
<br />vs Trustee -or Denefictary-, or M sell, ssslgn 'pledge, mortgage
<br />ose of, or encumber, its Interest in any .such lease or any rents, Ist
<br />hp or adding tharvi Her..
<br />:arrlemnatlon. it tide to any pert of the Property shall be taken In i
<br />me.ding&. by right ol eminent domain. or. Similar action,. br shall I
<br />at of condemnation, all awards, damages and proceeds are het
<br />sheet -be paM to Benefklary who sheall apply such awards, :t
<br />toods to the sums secured by the Trust Deed, with the excess, If a
<br />,ton. Trustor will promptly, and wllh -due dlllge6. ^o..repair. sites
<br />alning- -part of the Trust Property to Its former cononio . cuttt 1!
<br />nt that the Same may be feasible and $o as to constitute a Complt
<br />Fuhrts Advanoaa. Upon toques! o1 Trust r, Beneficiary at ssneft,
<br />r to reeonveyanee of the Property to the Trustor, 'may make futur
<br />Trastor. Such future advances, with interest thereon, shall be si
<br />it teed when evidenced by pfomissoy notes stating that si
<br />and hereby,, provided:: that at no Mims shall the secured prl
<br />Slices, riot Including sums advanced to protect i the security
<br />Orb percent (100%) of the original pr:ncipai amounts secured her
<br />ore the
<br />to` the
<br />usable
<br />14. RerbeGbs Cumulative. All remedies provided In this Trust Deed are distinct a
<br />cumulative :o any otter right or remedy under this Trust Deed or afforded bylaw
<br />oWity arc may be exercised concurrently, Independently or successively, , _.
<br />- 15,- Aooelaratlorc ornedloo; Sale. Upon . default try Trustor In the payment er a
<br />tisdebtedhess secured hereby or In the performance: of any agreement hersund
<br />Beno"ary mayAeclsavll sums secured.Mreby immedlolely,due and payable
<br />delivery to Tnafoe of written declaration of default:: The Trustee . shall have t
<br />poww of Sae of the Property and 11 Beneficiary desires the Property to be sold
<br />err,,encmq expsrwnursa secures irorel
<br />notice of default and election to cause
<br />turn *half prepare a similar Notice Inth
<br />ate and at the time and place designated in sald notice of
<br />m Ao the highest bddef, the , purchase payable In
<br />Jnited Stales at the time of sale. The person conducting,
<br />Cause he dooms expodlsnt ;ooidponst the sale fromtime
<br />n- completed and, In every such'Cass, notice of poatpbne-'
<br />xy: public declaration ttersot by such parson at the tlms'
<br />nted for the Sato; provided'. If the Sale Is poste "ad for;
<br />teyond the , der deslgheteo'n lad: notteo of Salo, notice's
<br />In the gismo rrannet as the original notice of sae:
<br />and deliver lo, the purchaser, his teed conv#ying; the
<br />trout any covenant orwarranty, express, or Implied. The:'':.
<br />of, any matters or facts shelf be concfusive proof of the
<br />ate" Celts pureusnl to the powers herein, the Trust"
<br />of the Sale to payment of the costs and expenses of of the
<br />icuprred, not to exceed 1 L� —' %Ya. of that We p!t
<br />In subparagraph (c) In the Older than stated, , -'
<br />rig the Items specified In eutipangnph(b) If the ate I
<br />r'court and other costs of foreclosure and sale It the s
<br />in
<br />w security i4in ants NtsCtttad COAMCtIM vilth this traftectttfff; such ,
<br />n4no,"s aMn be ron4a or hleds . and fro "Coifed and Mgsd,: at Triddot-o
<br />eras.
<br />MIsCeBai+aata,
<br />jr, the event arty one orttlake of the prTlstana odnt0skod In tMe Trunk Wed or
<br />the promissory note at other $sooty instrument Chen M OanMCtion W"tt
<br />'thts transaction *halt. to( lesson be hold to be InVOM,. "trip#RW or
<br />,ary'
<br />unenforceable In sriy espeet vxh,MvaUdliy, IRegatlty. W unenfarcaabifely
<br />-': shat!, at the option Of seheftelary not affect &fly other OwAslon of thlo Trust
<br />Dsad.,biiT.lMs Trust Dead aMlt. pe Construed :as tf Such "K 11401. of
<br />uMnfo rcitable provislar had hover bean contained heroin of tfrwNn.
<br />' This Trust Speed shelf b's tonatrued according to the tow's ale the state of
<br />#T -
<br />Nsbtasla
<br />This, Thnt', teed $halt Inure to and bind the halt*, legatees, devisses,
<br />- edminlstraton, executors, successors and sections of the parties hereto.:
<br />Trustor aMUt pay all ism lev(ed'upon this Trust Dead or tai 0*01 Daw ed
<br />hereby, togother wrth'any other taxed rr aasasernente which may be I"W
<br />' against the Trustee of BOreRdary 'of the !Opal holder of sold premlesory note
<br />on axount of the Indebtedness evidenced thereby.
<br />Whenever ' used hereln; tt"t singular number shatf include the pwrol, the
<br />r
<br />stnguler, the use of any gender sheh De applicable t0 air pendsrq and the toms
<br />' Benefklary shell Delude euly payee of the l"debtedheSS hereoy eeCUred or
<br />any transfer thereof, whether by operation of law or etherwlse.
<br />suceessorTnastse, Bsne!idwy may !ran time to time auccesea
<br />'
<br />subelltute s or
<br />ces-ors to airy Trustee named hereto or acting hereunder to execute this Trust
<br />id. Upon such appointment and wlthopi conveyance W the successor Trus•oo
<br />:latter shall be vested with alt title pco-s,. and duster, conf*med upon Pry
<br />etas herein named or acting hereunder, Each such ` appointment and
<br />,
<br />stltullon snail be ,made by written Instrument by Beneficiary,' conta)nlr
<br />^,Ir.
<br />irence to this Trust Dead tired. Its place of record, whin: when recorded In .4 "a
<br />ce of the Reolstar of theft cf the county or counties In which uld prop" is
<br />iated shall be conch:slveyroof of Iroeet appointment of the suocet W Trustee,
<br />i. foregoing power o1 Sub" *%uine: and the prtrcedu.Y therefore Pail not to
<br />lustre of the power and )xoc:edure provided for by taw to, its substitution of a
<br />,
<br />stee orl'rusress to the prace of the Trustee.
<br />Forbearance by H.odktary or Trustee Not a, Waiver. Any`foreWarance by
<br />ieticlary or Trustee In exercising any right or remedy hereundor, or otherwise
<br />wdedbyapplleuble law, $all not be waiver of or preciudo the eserr!ge of any,
<br />it or remedy hereunder: Ukowlse, Iho waiver by Beneficiary or True.** of any
<br />.
<br />suit of Tfustor under this Trust DPod Shelf not be d*emed to be i waiver of any
<br />or or slmllar def cults oubseouently occurring,
<br />Trustor Not Released. Extension of the time for payment or modllicupon or
<br />,
<br />ortixet on of the sums secured by this Trust feed granted by Beneficiary to any
<br />"
<br />:cessor In Interest of Trustor shall not operate to release. In any manner, the
<br />tillty of the original Trustor or Tnustoes suocasaor in Interest, Ranefklary share
<br />t
<br />be raqulrtd to eommanee proceedings sgaimit'.such successor or refuse to
<br />,
<br />end time for payment or otherwise modify amorltTatdn of the sums secured by
<br />t: Trust Deed by reason of any demand made by the original Trustor and Trustore
<br />EE
<br />icessors In Interest,
<br />601111 )f that* son ba a del under this Deed of Tnret or under any prior
<br />�.
<br />rtgage; the Beneficiary may Cure such default, and the amounts advanced by,
<br />i
<br />f other Cost$ and expenses of the beneflctary 'In curing such default, with
<br />west at the default rate contained In the Noto secured hereby from the time of
<br />advances or payments shall be added loth* Indebtedness secured by this Trust
<br />od and may Collected hereunder at any time after the time of such advances
<br />l
<br />myments and shall be deemed to be secured hereby.
<br />.' S
<br />Ojytton'to Foreclose. Upon the oeeurance of t ny default hereunder. Benefltlary
<br />,
<br />an Mrs the option to foreclose this Trust Dee.l In this manner provided by law to,
<br />foreclosure of mortgages on real property.
<br />Trustoes Ritrhts,' Absent Default. Until any'�default In -the payment of
<br />eotednesa hereby secured W until the breach of any, covenant herein contained,
<br />-
<br />Trustor, Its successors and assigns..san possess and enjoy the property; and
<br />she the rents and profits therefrom: Upon payment of all sums secured by this
<br />tat Deatl, "Wictory shell request Trustee to reconvey the property and shag
<br />} {
<br />Tender tMs:Trust Dead and all notes evidencing kdeoiodness secured by this
<br />i
<br />tit, Deed to Trustee: Trustee shell reconvey the Property wltlit,41 stairs" ores
<br />hout,therge to the persons agally, entitled . Hereto. The r ;ranive In any
<br />bn"trance may be described as "the person or persons entitled thereto," and
<br />r recitals therein "of any, matters or., a a.
<br />cts wlt be conclusive proof of the
<br />thfulness thereof. Stich person or persona shall pay all Costs ofreaoromg.11 Pry,
<br />d
<br />Aeceieronort M the Event of Transfer. In the hint the title to said feat aster< is
<br />nafemed, or contracted to be transferred, from the undersigned for any reason or
<br />any "flied whatsoever, the entire' principal. Sum and occamd Interest short at
<br />ce become due and payable at the e(ectlon of the Beneficiary. Fdiure to sxerclse
<br />a optlonhecauss;oftransfer of till as above stated in one Instance sail act
<br />estltutes waiver of the right to oxerelse the same In,the agent of artynuDaaouent
<br />nstsr:
<br />N/A
<br />' 2d. This dead of trust IS junior it one doled _
<br />tplythe
<br />°F� executed by Truo101 to Trustee,
<br />then to
<br />xecurtno a principal not* lore t
<br />Was. or ' - `
<br />ursuent Dollars and fled for ecord with the Regis ter of Breda and dentNled es Tgtldws:
<br />r stated
<br />
|