� _ ..�.�:a .
<br /> �`� •- - �:__:-..
<br /> '�� ' .
<br /> ����� :,. -- -�.
<br /> '" �
<br /> . r ,�. ��q,��, �
<br /> � ther�ot,ths res�tal Qnyable ttwreunde�,or to ctuinpe any renawal p�ovislans tha�re n �6ii��M►aive any dafault E
<br /> �her�under or preech thereoh,(e)91vQ any consant,walvs�o�apprave!there+i�de�ar tak�sny athsr acGon in co�nsctlon �
<br /> � 1her�with,or with a lassaa tt�rounder,which wauld Iwvo tiw e1Pac¢oi impai�inq tha v�lua of leasors�nterast Ih�ri*undor or �_
<br /> � 11ie pro��l�r cubjoct t:�orzta,ar o!impairinq the potftion ar interest at ths Trustse or Bene��clary;or(t)setl,asaiyn.Pled�e,
<br /> � { mortqage or othsrwise dlspoae of,or erwumber ils intarest in any said lease or any rer�ts.�esuas or p�n1iG��ssueln�or ri.sln� _'
<br /> � ttiereund�►.
<br /> � OUYl�S OF THE TRUSTEE:Trusi�agrass t:iat;(a)the�uties and obliflationa o1 Trustoa shall be determinad solefy by E-
<br /> .- th�express provisions of tfiia Daed of Trust snd the Trustee shall n�1 he linb��except ia ti�e pe+io����a�ca ot such d�:�o: t
<br /> � and ob�i�aUons as are specificitlly sot torth he�ei�,and no implied cov�an2�tt�.ar o51i�aUana shaN be imposed upon ttw 5-
<br />� � Trustee;(b►no proof/his Dedd of Trust shall require Trustee to expend ur risk its own Wnds.or othen�rfse Incu�financ�al �
<br />' j obliyation in the pertorma�ce ot any of its dutiss hereur.der,or in t�a eke�cisa of any of iW righfa or�owers,ii it shall have �
<br /> groundsiorbeNevinythattherepaymenlofsuchtundsoradequateindemniryagainstsuchriskorliabilityisnot�easonably t
<br /> assured to it;(a)Trustee may consult with counsel ot its own chaosiny a�d the edvlce of auch counsol shall be full and ¢
<br /> complete authaization and protection In the respaat o!any action taken or sutfered by it hereunder in good iaith anel in
<br /> ' � �oliance thereon;(d�Trustee shall not be liable tar an��action taken by it in poad faith and�easonably believed by It to ba �
<br /> authorized or within tha descretia►or rl�hts of powor3 conta�red upon it by thia Oeed of Trust �
<br /> F•
<br /> TRUSTEE'S FEES:Trustor expressly covenants and a�ree9 ta pay and discharye all cost.fees and expenses of this _
<br /> Deed of TrusL inctuding in the event ot sale by the Trustee of such properry,the Trustee's costs,expenses and tees,which =
<br /> tees shall not exceed 5500•00 Ptus'h c�1%of the amount securad hereby and�emaining unpaid. _
<br /> SUBSTITUTIONOFTRUSTEE:ThafQeneficiarymay.fromtimetotime.byinstrumenlinwriting,substltuteasuccesso��or _
<br />;r�� successo�s to a�y Trustee named here+n or acting hereundar. which inst�umen� executed and acknowlQdped by
<br /> Beneticiary and recorded in the office�ot Rhe reyister of deeds of the counry or counties where such property is sitcu�ted,
<br /> shall be concluslve proof of proper substitution of such Trustee o�Trustees who shatl without comeyance fram iheTrc��a _
<br />' ,
<br /> predecessor.succeed to all Its title.estate rights.Rower and duties. E'
<br /> . c -
<br /> � NO WIUVER 8Y'8E1�fEFiCIARY:fJo waive� by Trustee or Barseficiary of any right unde�thts Deed of T�ust s��!be
<br /> =.; e�fectiveunt�er,sinwHdr�.WalvefDytTrus�eeor8eneficlaryofanycight�rantedtoTrusteeorBenefiaiaryunderthislT�adof =
<br /> � Trustorn���yp�ivj�ipn'of,ttifs��aed+�f�Trustastoanytransac4ionorxcurrence�shallnotbedeemedaws�iverastoany _
<br />-_^� future transactlon or occurences.By acceptinp payme�t of any sum securod hereby after its due data,o►by makln9 any =
<br /> _ � payment or pertorming any act on behalt of Trustor that Trustor was obligated hereunder,but feiled to make or pertorm or
<br />-�� byeddi�anypayme�tsomadebyTrusteeor6eneficiarytotheirtdebtednesssecuredhereby,Beneflciarydoesnotwaive
<br /> its risht to require prompt payment when due of all other sums scsecured or to require p�ompt peAormance ot all othe�acts
<br /> requi�ed hereunder.ar to daclare hereunder.or to decla�e a cfetault for tatlure so to pay.
<br /> = WAIVEROFSTATUTEOFUMITATIONS:Timei�aftheessenceinallTrustor'sobligationshereunderandtotheextent �
<br /> ! pe�mitted by law,T�usto�walves all present or tuture statutes of limitatlons with respectto any debt deirs,�cid or ob�i�a�o�
<br /> secured hereby in any acHon or proceeding for the purpose of e�torcins this T�ust or any ri�ht or remee�les herounder•
<br />'i
<br /> = INSPECTION AND BUSINESS RECOROS:Beneficiary at any time during the continuatlon ot thla Trust may ente*and
<br />-;'' ^---�-�--.T......,,...:�����
<br /> inspect such Rfo�enf'at a�y reaaonable tlme.Trustor a�rees tnai.when roquvsuni`vy oe�.o�w�•y.•.� ��•• ---
<br /> - delive�toBeneficiarysu�hcertitlediinancialstatementsandprofitandlossst�tementsofsuchrypeaandatsuchinte�vals
<br /> :� as may be required by Beneficiary vr�hlch will be in torm and content prepa�cd accordin�to the uaual and acceptab�e
<br /> accountlng principles and pracUces,which statements shall cover the financia�aperations relating to TrusWr or such
<br />`-� p�operty and Trustor fu�ther e9ree�when requested by Beneficiary to promptty deliver Er�w�itln�such fu�ther addit�anal
<br />�i information as required by Bene�ciary retating to�rsy such financlal statement�s.
<br />`v� REMEDIES:No remedy herein provided shall be exclusive of any other remedy herein or now or hereatter existi�by
<br />=� law,but shall be cumulative.Every power or remecl�hereby yiveea�o Trustee or to Beneficlary orto whlcb►e�ilher of them may
<br /> =� be otherwise entitled,may bo exercised irom time to tlme and as often as may be deemed exped1e�t by tRem.and either of
<br /> = tf�em may pursue incortsistent remeefies.If Beneficiary halds any additional secuNty for any obU�aUesi srzceired hereby,it
<br /> �� may eniorce the sale theceat at ita optlon.either betore,contemporaneously with,or atter the sa�e ia macbe hereunder end
<br /> on any default of T�ustor, Beneficiary may. at its option, offset a�sinst any Indebtedness secured hereby,and the
<br /> _— Beneficiary is he�eby authorized and empowe�ed at it�op4lon,without any obligaUon so to do,a�d without atfecUn�the
<br />=-' obligations hereof,to apply toward the payment of any indebtedness of the Trustor to the Benehciary,any and aJl sucns of
<br />'�' money of Trustor which may have in its possessian or under its control,incfudin9 without Umitiny the generality�fi the
<br /> � foregoing any savir►Ss accoun�depostL investme�t ce�tificate.escrow or wst tunds.
<br /> � tUal�ra�
<br /> ;- LAW APPUCABL.F:That this Deed ot�PUSt shaU ba consirued c�ccording to the laws of the state of �.�•
<br /> �� ILLEGAUTY:In the event that any provislon or clause of this Oeed ot Trust conflicts with applicable law.such conflict
<br />::�� shatl not affect other provlsions of this Deed of Trust which can be given etiect witlwutthe conflictinp Rrovlsion.and tothis
<br /> end the provisions ot this Deed ot Trust are decEac�d to be severable.
<br /> � GEMERAL PROVISIONS:(a)This Deed of 7rustapplies ta,inurestothe benefitof,and btrtdsall panies hereto.tt►el�heirs.
<br /> r�''-� iegafees,d��.sd�s:':aistr�tar�.cxcru'.�s3.succsssoss an�assi�na.{b)the term"Be��iciary"shal!mean the owner
<br /> = and hoid�er(x►cludln�a pled�ee)of any note secured hereby,whether or not named as Becseficisry he�ein.(e)WP�erever
<br />'�'� � tt�e cortte�so requires,the masculine pende�includes the teminine and neuter,the sin9ular number ir�cludes the plural.
<br /> �,` and vice wersa. (d)Captions and paragraph h��ings used herein are tor convenlencs on1y,ar�aot a paR of this
<br /> , ayreemertt,and shall not be used in consuuing it t�rnore than one peraon is named herein as Truatcr,each oWigation of
<br /> Trustor shail be the joint and several obligation of each such person.The�ights or remedies yrented hereunder.or by law,
<br /> shall not be exctusive.but shal!be concurrent and cumulaw�ce.
<br /> ; TRUSTEE ACCEPTS this Trust when this Deed,B�ly executed and acknowledged.is made a pubtic record as provided
<br /> by law.Trustee is not obligated to n otity any pa+ry hereto of�ending sate under any other Deed of Trus1 or any action or
<br /> prxeeding in which Trustor,Benefioiary or Trustee shall�a party,unless brought bp�'nutes.
<br /> I�Aai::ng address tor notices to Trustor.
<br /> � - _---._ ..,_-_. ..__�-_. �,��--� .T -s,._._
<br />
|