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<br /> ^ �� 92-- 100 5�2
<br /> �`� to�pply�A sue1�PmaMd�.
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<br /> _..--- a�Prop�rhr h a nk�n a d�map.d�tand��rhall h�v�th�aptlon,In it�wN�rtd absolut�di�cr on. ��und
<br /> `�9�"�"�`'"•� �R�r d�duai{np w�nirom all cosa�nd sxp�rna iocurnd by ft in connecdon wfth wch Proce�d�.uPon amr
<br /> h�raby�nd i�woh order a*Und�r may d�brmin�.or to apply�I Guon of ProcNds to ind�bted^a�s�II not��nd o►�Pa1P�
<br /> ��$� propKly upon wch condidons as L�nder may date►min�,Any app , Il�d funda shul W Pald b
<br /> "— t��dw daa o1��y P�Ym�nb und�r tho Not��or curo�ny dNault th�r�und�r or h�nunWr.M� unapp
<br /> ��* � Tru�to►.
<br /> �_T._ _'_�---: 8 �p��My by l,�nd�r.Upon tha occurrence ot an Ev�nt ol Delault h�r�und�r,or it�ny�at Is q�k�n or Ispd pr4aMdinO
<br /> ��� �� comm�nced which matodally aHects Lende ruetor and wi hout��e�sinp Tru�torlrom•ny obliyadon do�ny i►a1 whic T rusto h1p� `
<br /> , � �o,and wllhou!notice to or demand upo
<br /> - . s,,. ''�'�'"� apned but fall�lo do and may alto do any othar act N deams neceasary ta protect the secu�fty hereof•Tru�ta�����.�m����y
<br /> ��� F Y' � th�e e o�o se by lende bot the foregofng riphte,ro�ethe wRh Inteeat hereon at he defauit at prov ded n the N late,whiah�shpll b
<br /> ��
<br /> • �;;� pdded to tho indebtedness wcured hereby.leodor shall not fncur any IlabUiry becousa ol anythinp it may do or omit ta do
<br /> .:k;,,• �:.�a""'"�� huounder. in com lience with all applicable laws.ordinanaes end repulatfans
<br /> � �:i•��-,:•;t����. .. 9. Hu�rdou�M�tHisl�.Trustor ahaU keep Ihe Properly P --
<br /> � �riw;.. relatlnQ to induat�Iree Iroim a11 aubttanc s deemed t cbe hazerdous or t xic unde�any En honmental Law�lC011ectirelyf eterred to =
<br /> keep th0?roperty
<br /> � unrder the operty.T ustor hereby apr6ees t end mni(y and hold harmlaaalender,ts diheclorsr otfi Frs,meploYees andt�0e�.end
<br /> �"�'� ;. `r�1.M� any successors to Lendar's Interest,t�ort of ao eHazardous Mate.ials on,�u derslrom or about�lhe`PropBRy�TH�F���N�'
<br /> ��� , lhe presence,use,dfsposal�r iransp Y
<br /> -- WARRANTIES AND REPRESENTATIONS,AND TRUSTOR'S 08LIOATION3 PUFiSUANT TO THE FGREGOlNG WDfMNIrI'.SHIl1.L
<br /> _-- • ' � SURV11lE RFCONVEYaNCE OF THIS DE£O OF TRUST. ro�{ded tt+at Truero� -_
<br /> _ ��i � `t ,�`,��,�,.� 2p. �ssipnm�nt ol R�nts•Truatar hereby ess�gn9 to Lender the renis.issues and prolita M the Property,P _
<br /> '�r�'':�''���: shall,until the occurrence ot an Event ot Oa1auU hereunder,have the ri9ht io collect and retafn auch renis,issues and pr�fite as they
<br /> _�-_.� �_:r.',?�<:�:�� _
<br /> .;,•�,,��,,,: become due and payable.Upon the occurrence of a�Eo nted b af court and wi hout regard to Uie a equacy ol it SiaC O�1}'.r9�e�
<br /> s� �S^ ;'•,..��,`�,;,�. bringinp any action or proceedm4,or by a receive�app Y
<br /> i upon and take possesslon ot the Property,or any paritnereof,in ils own neme or m the name of the Tnistee.8nd do any acla whlCh�t
<br /> �-`-��_. „ �,.^as� � deems necossary or desirable to preserve the value.marketability or rentabillty o1 the Property,or any port thereof or fntereat therein,
<br /> °-�-_� � ��t'� tncrease the income therefrom or p►oteCt Ine sacurlry horeol and. �vith or�r�thout tak�ng possess�on ot the Property,sue lor or
<br /> ';"� ; .• ;; otherwlse collect lhe renis,issues ao�Crclits thereof,�ncluding those past due and unpa�d.and apply the same,lass cost8 end c
<br /> - expenses of operatlon end collect�on including atlorneys'lees,upon any��dhet�ollecda of s ch rents,�ssues and pro118 and hp -
<br /> .,i��� ., '° � may determine.The entering upon and laking possnssion ot lhe P�operty.
<br /> apptfcation lhereol as eforesafd,sha�l�8�ch nat ce oade(ault nd,n twithstanding the c nUnuanceen poase saan o the�oParh'or_
<br /> � � response to auoh default or pursuant
<br /> � `''�f=`�" l` • ihe ca8aciior,rece4pt end eQpucetion o(rents,Issues or profits,and Trustee and lender shall be entilled to exeral5e every r19ht
<br /> - � � provided tor In any oi the Loan Instrurt:ents or by law upon occurrencn i,i ar�y��or.!ot Detsult,+���uding K�thoul�imitation the rlght
<br /> ' to exarCise 11�e Powe�of sale.Fuhher,Lender'e rights end remed�e5 under Ihls Paragraph sha11 be cumulativo wilh•Lende�Y�ee �,V
<br /> { " � I+mitat�on on,lender's righta and remediea under any assignment of leases and rents recorded aaalnst lhe PropertY•
<br /> ' a n d the recelver ahall be liabte to account only tor those renta actually received.
<br /> ° ' 11. Ev�nb ol 0el�ull.Tha lollowing shal!constitu te an Ev e n l o f D e t a ult under tnfs Deed of Trust•
<br /> , �,".�;. (a) Failure to pay any mstallment ol pr�in$�IOn contalned in the Note.!h 5 Deed ofr f uste,anyYol he L ao�nttruments,or any
<br /> .. (o) A breach ot or delault u�der any p
<br /> � ather Ilen or encumbranco upon lhe Properly: �_
<br /> ." . � . (c)A wrlt of execution or attachment or any s�mdar process shan be enlered aga�nst Tr uator which sha11�ecoma a hen on
<br /> the�roperty o►any portion thereol or In�erest therein: _
<br /> . (d)There aha11 be f11ee e��to bank uptcyt�nsorl ency or�other�r�e1 et lor debto s Poe here shall be appo�ted any tr st e. _
<br /> stalute,law or reguti���a� 9 art of the P:operty.o•the rents,�ssues or prolits thereol,or Trustor
<br /> ��� �ecei�er or liquldator ot Trustor or Borrower or ol all or any p =
<br /> � ,1'��' „ ' Or 6orrower shall make any general ass�gnment lor the benef�t of credrtors. �
<br /> . . (e)The sale,transfer,lease.assignment,conveyance or furtner encumbrance of a11 or any paA o1 or eny mterest in the
<br /> . �� Property. elther voluntanly o� I�voluntanly, w�thout the exp►ess'Nntten Consent 01 Lender, prowded that Trustar ahell be -
<br />•• permitted to ezec�to a lease of the PropertY 1ha+does not contain an Option Io purchase and the term ot which does not exceed
<br /> . '��:�.� y, ;' ane year, _
<br /> ' . , :;;�• . (�Abandonment o11he Property:or -
<br /> �;,�;.� 1^ (q)If Trustor Is not an mdrv�dua�,the issuance,sala,transfer,ass�gnment.conveyance or encumbrance ot moro than a total
<br /> ,;�;,,; . --
<br /> .�_ ', �f perce�tl of(il e Corporatwn)its issued and outstandmg stock or�d a partne�ship►a total of----Percent ot
<br /> � � � � part�ershlp mtereats during the penod this Deed ot Trust remams a��en on the Property
<br /> "�i�� ' " ° 12, p�m�dla:Aecd�nl lon Upon D�U u 1 6 I n t h e e v e n t o f a n y E v e n t of Delault Lender may.wdhout nolice except as requfred by
<br />.II - '���; .
<br /> t ' • 18w,declare all Indebtedness secured hereby to be d��e and payable and the same shait ihereupon beCOm e d u e a n d p a y a b l e
<br /> ��`���r• resentment,demand.protest or notice of any k��tl.The�eaher�ender msy
<br /> , . � �,.�i��. wlthout any p
<br /> ��•!.. (a) Demand that Trustee exercise the POWER OF SAIE granted here�n, and Trustee shall thereaker cause T►ustor's
<br /> '� Interest in the Property tc be Sold and the proceeds t¢�Oe d�strlbutod,all in the rranner prov�ded m tho��ebreska Tru9t Deeds
<br /> '.. AcG
<br /> (b) Exercfse any and a:l riyhts p�ov�ded lor�n any ol thr Loan Instruments or by law upon occurrence of any Evant of
<br /> ' Defau�t and
<br /> � (c) Commence an ection to foreclose th�s Deed of Trus1 as a mo�tyaye.appo�n:a recewer,or speCdi�a�ly enforce any ot the
<br /> •!',;'.�1. • covenants hereof.
<br /> �,`�• •�' No rernedy herein conlerred uDpn or resaived to T�ustee o�Le�der�s�ntended to be exc�us�ve of any other remedy herefn.fnVen
<br /> ��:•:�� .
<br /> Loan Instrumenle or by�aw providad or permitted.but eac�sha�� be cumu�:��we shau b��n add�t�on tc every otder reme y g
<br /> ' , �, � hereunder,m the loan Instruments or now or nereafter ex�st�ng at law o���eq��H or by stah�te.and may be exerc�sed concurrently.
<br /> � " Independently or succeas�vely
<br /> 13. Trus1N•The Trustee may res�gn at eny t�me without cause. ^CIt tlp�dWithout ameat on lender.Bor�owara.Trustopor Nny
<br /> �� '���'• sucCessor or substitute Trustee Truetee shell not be�iable to eny perty 9
<br /> purcheser ot the Property,for any Wss or damage���ess tluc to rechioss or�v�n�u�m�sconduct.and snnli not t�e�eqWred to take any
<br /> '�� eCtion in connection w�th the e��orcemen�o�thns Daed Tr,afoetmav become a plueChase►at any'Sale'of tne PrOperly�diC al or
<br />. _ . . ��.. �..,.. n.wll thw �
<br /> . ., �.�__� ,
<br /> expenses whicn may oe asso����n���•��o^.... ...�-- - dtl �vv,u'6....� .�-... - --
<br /> under the power ol sale granted hereinl:poetPOne the saie ol all or any port�o�o�the Nrooerry � N
<br /> Property as a wnole,or in geparate parcels or lots nt Tr�stee s d�scretwn
<br /> . 14. Fa�s�nd ExMnsN.In the event Tr�atee Se1I5 the ProPerty by exerCise of power ot sale.Tr�atae 5hd11 be enutled to aPP�Y
<br /> and Tr etee a atlosney`s feesyactueu�•encu�edto e tent p�rmd!ed by�ppe ab eeaw �hE even'�Oa'�wer o�T us or exP c ses any
<br /> . rf9ht provlded by 1��'�'if Truetor's de�au/f DC�ud�g w hout tmrtat ont�ae Trus ee s and attor ey s ees��os ne e ce t perm�ned bv
<br /> � Incurred Ns a re6u t o
<br /> ppplicable�aw.
<br /> t5. Futun Advanc��. l�po� request o1 Borrower. Le�de� may. a��ts option, make ddd�dona�and�ulure edvdnces en ►e-
<br /> . 8dvef nc�i tel8mounto She ndebtedness secutled b�eh�s Daed o Trust notn�chud ng su�s dvanced to p olecrtt e se unty ol hn�s
<br /> i • • . - the p P -- - �wh�chever is greater
<br /> D68d Ot?ruet,9xteed Ihe orlyinel pnnCip�l amount 9tat�1 here�n.o� 5 -
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