|
<br />and. whn«it demana soar; oR ,mmne<abiy •'na xnn p.Yabr. ny ;, - •.
<br />Dear imereal st me mar:m„m ar!owan,a :npa+ ~a!p. n
<br />optbn of l9sne}iciary or r. a: balance
<br />of any IrWebledneeS s«uraA Rwr<DYSandas I tree a".a 9 such
<br />IndMtNM6s and shallMPe Yab:e ratably na<~!ne came tin qa:~. hereof a
<br />10. AaapnYNnt pf NMH. eenencrarv s P nanr the right. power and aumonrY
<br />QuArp the contlnuence Hof thrS Trust Deed to ,cnl!ect !ne renrs.:s5uws and profits o!
<br />the Properr ano ar any Derspna: crppwrty :pcaree ;^erepn w,:n qr w:lnpur •ax.nc
<br />poeaeneion of Ne progrrty a/1ecIM hereby, ano Tr erenr adsauteeY and
<br />unGOrMllbnalty asetgne an such rents, r andur5rOtris :O Ben6~:.:iary.
<br />eerroflclary, howeror, nere0y Consents to ine Tr slot s Mllecrinr and retent!pn er
<br />fuM rents iNUBa arW prolits as Inev ac arw o ccm¢ pa YaDie so IenG a
<br />Tfumw is not, ai Such tme8 n petau tuwnh raSDPCt :~ paymani pi any
<br />rrMWiedrreea secured hereby or m me PerlOrmance rt any agreement nereundar
<br />Upon any suen default. BBnabaary meY of any nm¢. < n pt' agar:. pr Ov
<br />a rNmver f0 be appOmted by a [port, withput n ^nut re p the
<br />adNUacy of any aecurlly for Ina in0eptedre55 nererDv secured ~:al am¢•e icon arA
<br />take poseesaipn of ine Properly or any paA tnerao!. and in rte corn nam¢ sue roc cr
<br />atheywlN eobeet suen tents is and Drafits, mcludmq tr and
<br />unpaid, and apply the Nme, Iessaeosis ano azpenses ct o'vera; +n~aMSCp!INCt'wn.
<br />I«lutling reasonable attorney tees, upon any Indebledn<ss secured RBreby. and in
<br />such order ae Beneliciary may determine:: ,8•tnrr, s " •¢Pair o
<br />Prot«non as may be n«essary or proper m conserve mB yaws or In< arppeny, tc!
<br />IeaN the same or any part trier«f for suen rental, form, and upon such cnndiuons
<br />as its jutlpement may dictate. Unless Truator and Beneficiary agree mnerwise in
<br />Wrftmg. enY ePPlicaliOn of rents. is rnhts td any .ntlebtetlrzess s aced
<br />hereby short not extend or poatponesme due sate pr mn rnstaument pavmems as
<br />pmvitletl in 5ald womissory note or change ine amount of such :nstaumenta Tne
<br />Nlenn9 upon arW taking poshession of Ina PropnAV. !. <oliectier of such •Bnis.
<br />Iaeues arM Profits, and Ina appl,catlon Ihareoi as aferesai0. shall not waive Or cure
<br />any default or notice of delaull hereunder. br Invaxdab any act dune ov.suant tp
<br />ueh notice. Truator also avrgns o Benencary. as tanner s only f r ine
<br />peAOrman<e of the abligatlpns se uretl hereDY. a!I UraVard rents anC ail rngnies
<br />Which Tay have DNn pr may nBrOalier be deDOSrtNd witR SarC : costar Uy any lessee
<br />of Iha Progeny. to s e Ina paV~n'x^: Of a open n caul! rn the
<br />pedormanpe of am Pt Ana r-mxisrons harem. ? ~slti<np .:, Debtor s ems
<br />ano deposllx to the Benef lCiary Delivery at w .r .rot I e Benet~; 'art's
<br />al the rigors granlM ne•ein - t~ct`Fq -s
<br />be aufhCienl to regUi a ad10 !snan, ;p pay~aeidn ant i%'he 3eneta:'aarve. n:SPM1: Stns:
<br />notice-
<br />/1. LNNO Pmniaaa. W Itnln t0 days attar demanC. Trusror shall furnish to Trustee
<br />a acnrytluta certllied to De true. setting tyrth all leases c. n the T: ust
<br />Property Nan .n aH«L Includlnp, .n ne ianams antl
<br />oCCUpante, a Oeecrlptlon of N8 spate occdpied DY sac.^. anan~+U ano xcupant. the
<br />ental payaob for suen apace and suen Omer :ntormatwn and documents won
<br />rNpeCt t0 ouch lNN9 end IanenclN as me i ruSteO ma Y' repue5l
<br />witnoat me adw wmron ,Brit a. Dm«. - n
<br />malt«ty. wlN reapest to nor ~ ese of spate In tnN pesuibed a~ern~sas. nt. i
<br />Guth IeaN is now or nerealter rn existence. .a} YccnO: cr nnrmit any grace. me--er
<br />dbebunt or atlYance rant peya0b inBrnunder_ ',DI cancel Ur ter i .r
<br />accept any Ca«eilallon, lermmadon c -*anCer rn r m:t any ¢
<br />oecurWMCn would entitle NeleaeN tnereu^pm'.-~le•re+'-n~tn ur cancel ine same[f i
<br />urprr0 Or motlhy the acme ao na !u ..+ r 'f,a re payaaB
<br />thereunder, or to change any renewer o ovisro.•a rnnra.re o tamed..d, !waive any
<br />default Ihereu rider or breach innrevt; '.e: pr.x • - approval
<br />theeunder or take any Diner aPltOn it -n tnerewrlnW a ewitn a
<br />thereurMB1, wnicn WOUId nave iha elfeCt gl,mplVirq ine value of iesa0y5 inl<ma!
<br />[hsrourWer, On the Property suDl«t Yhernto. or of ,mpabinp Ina Dderllon U• mterest
<br />of ine TryntN w Beneilciary; or {h son, assigq pl«qa, mortgage nr omenvlsa
<br />tllspoN of, or encumber, ii9lnterest in any svcn leash cr any rants. issues or profits
<br />issuing or aria+nq thereunder.
<br />1T. CaAamnagtm. n title to any earl of Ina Prdpeny anal: ba taken in conaemnau9n
<br />proceedtn0s, DJ' right of eminent domain Cr 9+mlbr action. d* shall he a91q Under
<br />Nroat of cOMemN110n, ell awards, damages and Vrxe«a are hereby asSVgr,etl
<br />and snail be paid to 8enaficia y who Snarl apply such awards, damages antl
<br />proceeds fO lea soma saluted by the Trust Deed, with Ina bxtNS, it enY. paid tp inn
<br />TNetw. TrustOr will promptly, and with due diligence, repair. a esipre the
<br />remaining part of Ina Trust Property to :!5 Iwnw: i subaaanrially t0 Ina
<br />extent that the same hint' be leasibie and so as to tanstitute n •'o+np:ate aria usamB
<br />unit.
<br />13. PYfWa AdRaryoN. Up9n rbYUeat pl Truslw, eenancrary. at 8enattcvdry-a Opflort,
<br />prior to r«onveyanae of the Property to the Truator, may mane future auventes to
<br />the Truat0l, Bucn fUtwe advances. with imerebt rRNraor„ sox:! N aecur¢p by tnifi
<br />Treat thBd wMn BvltlenCed by prpmraspcy nubs s :rip rnai 58•d holes a
<br />secured hereby; prOVmed iha; at n evad u _, ,, rums
<br />WvNCen, not Including 3 arced "re Vrnt Bti I ,rnlyi5f „r.e
<br />huMred percent ry W °hi of the Onprnai pnnc+pai amounts sncwan Mreoy CarrO
<br />ia. paptaAlN CumulatiH. All rnmbdreb DrovitlN in in+a Tryal Dead orb diatintl eMl
<br />GYntYbfive to any ottwr right Or remedy under lots Trust DNd pr arlw9M Dy law Jr
<br />sporty, and meY IM BNrCIeBd ca^cunentiy, in0apandanlly or suttaas:vMy.
<br />15. AOeelaaalter5 RN11adIN; SaN. Upon pntaWt by Truatx in the payment of am
<br />IndiaDtsdnsN a«Ured h8ro0y or in NB pertwmanCe of any agrNmam hereunder,
<br />BsnaflcNlry may deciaro all sums 9eGUrBp Mreoy imrNdiately due antl payaD+e Oy
<br />Npvery to TrumN of wntiBn d«brotlon of dbfaWi. Tne TrusiN shall nays ine
<br />power of Nla of IN Poperty and if Benaficlary dearea ton Property to ba sad, a
<br />atoll Y1aPwil who TrusiN this Trual Deed and mi womla6ory notes arM documents
<br />evWsnclog eapendlturN Ncuretl nereoy, and anaii tlelivu to T wtN. a wmten
<br />rgllGS of Nlault antl 01«ti9n to Cause IM Propwty t0 Da sole, and Ina TYUStN In
<br />turn anaii prapan a Similar Nobue in the Iwm repuVN Oy taw, wNCn arafl De duly
<br />BNtl for record by TN>tN.
<br />p) Alfa iM IAPN of suen time as may bs required Dy faro tonawmg tea :ex:urd
<br />etlon of Nld notice of default, end nylice at betaWi and nwica o! Gate r!av!nq
<br />- DND plWn N reported by law. TNatN, w!Inaut demontl 9n Tic S;w, sonic >ali
<br />eM Isroperiy on the data end al the time and pieta deeipnsted in said notice ul
<br />Nb, al Publkc aVCilon to !ne highest bidder, tRa purchase price CayaDle :^
<br />IaWfW money 9f lM UnitN States at Ina time ut sob =Tne person :ond UCnng
<br />tM Nis lost', for any cause he deems expe0brt. Vps[pona the sob ham vma
<br />to lima until it aha1V t» compfeled antl, :n every svcn case, nonce of postp9rw-
<br />rturlt anah N Olvsn by pubik d«bratron tMr«i by Sucn person at ton unw
<br />and p4Ge last aPP9YNed tpr e!rp sale, Provttled, it Inn sa?e la paatupnW rvr
<br />IorlOar IMn 4t! daY beyond tM day des!gnatad in IM notiea p! sate, notlcB
<br />thereof snort W Given In the acme mentor; as ttq ariginaV nou:.a ct ale
<br />TrusiN StWI execute arq dmiver to fhb purchaN+ nos "Nrod C reyrng :nn
<br />Ptopttty Hold, out whhWt any povansnl Cr warranty, axprnas, or¢mDilad- Tne
<br />r:citala In the Deed of enY matters w tarts anat+ pe concivaivR Pruol at ine
<br />iN9htutnaaa itweaaf AnY parson, ;.,c;uuirvg Benefi•::Rry, meY Vur~nase al !na
<br />Nia.
<br />ro} When TruetN Nilb purwent to trq powarn ne; n`n. to ualaa [wall nDply ton
<br />proceNa of IM NIa to PaYmanf of the Coats a+W sx4 nsan ut exwciaing IM
<br />Poway at Nb and of Ina Nb, In~1ud11'~~ jM psyrtwnt of Ina TruxtYyl'a fees
<br />acfutllY 4nCYrtMa. opt Yo exceed .1 ~!4Gf_ _'•. al tM sale Price. and than tp
<br />tier hams In aubParagraDri;c(tn iha ird8( trtase ateta<;_
<br />7x9 Afsa NYIrp Ne hung s{reGlnsd rn s~DParagrYpr+.di rl ton sale ~a or l.ua;aa, .;
<br />iha prx+Der ceu+! arM other c.:Yta al tareclaavre and sa,e :' ;N Harp is P-'a+aan'
<br />to 9udtcNFi :Ora»)Gau+a.:rW prp9a#Ca pf sale atH:i ter a+•i+'~aC ~n Ina : vdsr alY=aa
<br />tplM payment of,
<br />;h eoata.ny a.wnnen ~>n;r:. mrx.,red:neon<wer~.,~.nr. a;r<:r: ,.~,«., ;: ,:•
<br />sort' ywM4Y Cfaln-L
<br />Ie Onaa. and ODlpabona et TruetN. !al The duUea artq nD1lpaPOns nl TruttN
<br />shall Dw derarm+nyl srr!n,y •; eepra5rc prnv:sroris iyf fhe 1'rual De« and TfY6iN
<br />anal! nor be Labia axcep++• •!'^enox•tarmanre qt suen dotes and oblipabOne ae are
<br />eptledlCaily see Inrtn ., arc n rmp!18d •. ants O o011gsligne shall De
<br />ImpoaBd up5r! Tn,stN. C1nNO :rr n OI thus To4st^Daad shell regatta TruetN LO
<br />extend O rise n ,MS c r^t~ rwlae Incur any tinenclel obtlGetlOn in the
<br />performance pt ern+y or na pones n Nunder, yr In the ezerclN of any of 118 Aght w
<br />powers. if it shill hove grcurzns I e•beilevinp that the repayment Of Such funds or
<br />adequate :ndemnil y epe!r^! s;:cn rrsY, pr iiabll4ty .a no: rnuonaDly uawetl to It: (c)
<br />Trustee may consult w~tn r;: r pt nls c'.v.^. [noosing end fhe advke of auto
<br />pOVnlal ahdll DC !all anC c:,mplelB authorizatbn arW pr01«tlpn In fn8 reS(mct of
<br />any nCimn taken ar au!tered by it hereunder In good faith arM reliance iherepn: Itl)
<br />TrusiN shall not t>e Ifabb tar any action token by him in poop faith end
<br />NnevBd Dy min ,b be authohtetl a: wltRm the tllacra!fon Or righU Ot pOWero
<br />conferred upon a by mla Trust Dead
<br />;y Addlhpnal SecuAq im[mmanq.Trusror. ar lla expanse, wVl ezeeuleaM tlehver
<br />a trustee. D or:rpny u n aamand. s n sewdly inevumente ea may tb
<br />•epuirrM by Traatee. in Iprm she a4bsianra 8811sfeeiory to 7rua/N. eoveArtp arty of
<br />the Property cw•veye0 dY this Trus! Deed, which 8«unty InatNments !Mh be
<br />addlUOnal se<,;nty +rr T!us'or's !altiilul pertwmance of all Ot the terms, covenants
<br />and Cpndltiona p! tt 5 i:~. s' Ceed. the prpml8>pry nplBe aeCU!« hereby, Nd any
<br />Ocher s atilt' instruman!s a rYntl in action with MU ironeaetlOn. B«n
<br />nsimmx b sha!I nn re.craxo w hied, one ro~recom« and retged. et Trusta'a
<br />expense.
<br />tS. falapllaNeua.
<br />al .n the even! any one or chore Dt Ina prOV191ona contalMtl In Ihb Trust Dead or
<br />the promlanory note or any other eecurlty inairument Olvan in coon«tlOn wlin
<br />this ;; snarl to any re _ n he held Io tM Imalld, Illegal o
<br />en/n~ceaDle In am~ respect. such Invglidity, Iilegellty, or uneniwcNDYllty
<br />nhall, al the cptlon o. eannll<lary, not affect any other provlelon of iota Trust
<br />UeaC. Dui ;his Trust Oeed shall Oe mnetrued as II such Invalid. Illegal, w
<br />i.neniprceaDla prm~ision had never bean contelnN herein or ihereln.
<br />~D! Tnis trust Deea rnai: be CDnatruetl according to fhe laws of fns State of
<br />.'enraske
<br />,cl 'NS Trust 0eistl snail in a is anp trintl the noire. lepateee, tleviaeN,
<br />aummrabatora.axasutors.s PcasaorsandaamenaounepamNneroto.
<br />{d; ' aster snan oar ail taxes !eyed upon this Trust Deed or the debt secured
<br />~nreby. 'Ppelher with any other taxes or asaeasmente which may N levied
<br />apamst %M1e Trus[ea or Baneflc+ary ar ine legal no1Nr Ot >ald prOTleaory note
<br />,-=n account of Ina :nCaDtapnes6 evltlanc« thereby.
<br />,e! ".Ynanevbr used !cocain, tn8 singular number shell Include the plural, the
<br />- - ny grinder snail a» eppuceae to an ganders. erw tea term
<br />sBBr,ehcbrv U9hall e.clupe any payee of the IntlNtedneN hereby a«urN or
<br />ans.e tne~ao.nnat her by operation of law or otharwtsa.
<br />'9. Succiauor TruetN. BBnaflt!ary may Tram horn to rime nu0atlturo a aucCea69r or
<br />any T usbB na .red herein or acting hereunder to ez«ute Nle True[
<br />Daad. Upon ~9ucn aCPpin:m<nt and without ppnvayanCB IO ine aUCCeDSOr TfYatN,
<br />ton taller shell Da v a:ud « ah vas. Dowers, and duties conferred Gaon any
<br />i•wtee n ruin n mbd O aciing naraungar. Each Sucn aRPOintment ano
<br />aubantudoc s.naii atr mode dy written Inalyumenl Dy B8neflCiary, conlalnlnp
<br />'ete•ence to tole irr;at Daad and its Dace of r«wd, wnicn when r«orded In ine
<br />omen of Ina gnpiatar cl UeNS et ine county w courtlN In which Nld progeny Is
<br />situated shelf De ccncrusiv8 row! Ut proper ippanimenl pl the aucceesor TruetN.
<br />Tha luntpo+np paver pt suDSlilution antl Ina Dr9CetlWe IhBrefwa !hell trot N
<br />e of ine rower anC Droeetlure CrgviOad tar Dy law for lea suDalllutlon o} e
<br />-roaeee w T.4mens m ire P•acx anon uvmN.
<br />20. Forbearance by Banatlclary 9r TrusiN Not • WaMr. Any rorooeerance by
<br />Bnnenciery or irusba r;, ayartismp a :!phi n Huy nereuntler, or otnerwiea
<br />afiwdN by appitcablB law, snob not De !'waiver or w Or«lude Ne OxuwN of any
<br />riprtt ar ram«y hereunder. llxtlwieB. !na waiver pt' enntlnclary or TruetN of any
<br />default 9f T:U5I0! .rngBe tniY T!Uat D9ed short n9l Cn CBBmatl tP ba 0 WaiVU of any
<br />gloat 9l similar dnlauit.R sUCanq Uam;y xaurnnq.
<br />It Truator Not Bebaaatl. txlansiun CI iha Irma for peyrnent o mo0illcation Or
<br />r lzei;gn c' !ne xunia secured ? Isla Trust Da« granted by 8anehclary to enY
<br />mterest w T; uat9e anaii not Oparete to rBIBaaB. in any mentor, the
<br />~a0ultyaol ton Urrginai ?•us;or ur Trus:Or's suecesaor in inbreat. Benellelary shall
<br />Uf ha rnGUirad :C a CroaBedinga apamst such aU or Or refuse t0
<br />!e icr par mxmmer!c:,n:wiaa rnadlly amurilzetlon of ine sums aecurN Dy
<br />ttxie rroa?cneG 9t' raasoi: many darner-p mane ny me a»gtriai Truator and irumo%s
<br />suc~asaurs .i, ::,t<resi.
<br />Zl Dmault. ll ihe:a anaii rig a datau%I under this Daea of Trust Or under any prier
<br />maApBge-inN b'BnellCtary .^~ar CurU s 'n dBbuil, antl ihB am9uni5 ddvanCed by,
<br />antl other Casla and a pi the DBnBliclery in ring Such dbiaUll, wlih
<br />est ar ine dnlaUlt *eta r~urrytain80 in Ina Nofe ancurntl hereby from ton time of
<br />tea ndvbncna u: uay:r:anln anaii Dn atltlwl to fhb Indebtedness baCwod pt' Iola Trual
<br />OeaO and may be CCiiBCtrSC: hereunder at any lime after the tune of such advances
<br />pr payments and snob De dNarnaa ro be aecur« hereby.
<br />zs. optlat to Pot«tw..:,pon ,na x<nranca of any dnlewt neravnaar, eaneuciary
<br />shat have ma oVhpn to !crn<losa :hra Trust Dend .n iha manner provided Dy law Ipr
<br />ton loraa08ure of mortgagee on rnai propbrry
<br />2a. Trysir/a Blghta, ADaM1 DaftYft. Until any default in iha Vaymani 01
<br />inaebu,dr,asa aaracy aa:.we,; or vm,: tna maacn of ary wyenant Hereto tymamed,
<br />the Truator, cis suttas8ors ano ess:prs, Snail possess and anloy Nn property. ano
<br />a ;MM rents am: proms Inninlronr Upun paymani of all gums aecur« by this
<br />ellvUeed. Baneticia•Y tina:i request T!u StN tq («pnyey tea progeny antl Shall
<br />ender min r- s: Deae are ai, nc!es Nymanang Ind«tetlnaae aecuroa by this
<br />nt DbaL' o irua:sx T shay; re roVUrtY without wananiy and
<br />nvtnpu: •- .- i<par'y re ~t~ttad afernto- Tne Grantee In any
<br />ne ga ,.
<br />.ayana ::,o, •, w parsons amd+en enarbm;' end
<br />: _ +e!'ars .o acts ~s i ne c nclusira prool of Ina
<br />,rut., u~r«nn ttne,ec'r sm,h Doreen .:, pb:eons snau far au n eta of r«oming. it any.
<br />25 ACCalgailOn In tM EWni of Tronmar. In ton been: ifw tole !O sold reel estate i5
<br />' - - -- ro pa I: ar.s!errBd. n yrr undnratgnec: for any reason Or
<br />Jvan.ar^athcr.` w'~at ~u.ei, !r b yrint.yar .sum and aCCNatl inierent shall ai
<br />o.~b.ra.._~.n.._aa .,~, ,i-a, .xu:e..i~cn.,, ,nB Bannbc'iary, Fariurn to esarcisa
<br />- s+a +_. _..._ ., -__._-_r;. _.~..8 ,.. ,. e..r8r.. ~. ar:Y SUDS
<br />2a.ThlaChadpl VUa:.i iLn::rr to a.,xdated yL ~~__ __ ..
<br />.xacu:.d Dr rrvatw rv
<br />Truman,
<br />a«:,,: u,c a Pr;n.iua: r„ta r,
<br />Gdlara an,l.,w)rx'ay.i.. w-in ...w Nnp.s•~•,- .~w..S J,aanib:ad as relieve
<br />(r~ AN rkma Fna++ibi~urve6 SwRYay.
<br />p•'-t T>ie ,Yana+r.d~R;. a, s .. v p.+u*"syaby ..,. e:_ .,r -- -
<br />
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