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<br /> - _ ; . . . _ - _ � . � � : - ��_ ff�0927 � . � _ .
<br /> `�;' . . ;�Pnop�t�a a eNc«�oFdMir�p�d L«�d�ranw rny.tl,.optl�.�n tH sors.�ne ab.oru�.ai�enuon.t�.pptg an wa�P��oe..d� �
<br /> albrdidueWs�tAsrNranulco�u�dex�n�s�ncuaMdbYktncann�ctionwit�wchProcMd�uponan!►����� �
<br /> � h�r�bat snd k�wclt otdK as E�ndK tnay d�mtn�.or to apptyalt au�PtocNQ�.afMClucA deduclions.b 1M rMlo�tion d MN
<br /> �y��y p�y�� �Note.�s a yn��thsnund�r or hereu�pP�� ���
<br /> TruNp� ,
<br /> ._a_hek���_OY_L�1d�r Upon tbe occurrence of an Evant ot WhufthKeund�r.0►if�Iry tCt is tucen or 1pd proeNdinp
<br /> - — �-comrtNAC�Owt►kAmAt�italyafl�ctiLendePSfintaresttnthsP�op�tY.�ndefmaYioitsawnQ'acrel�r,�dwithautobNyttlortbda — .
<br /> so.f�a�f.wiqtout notlCe tio a demand ui�►��usWr and wifhout releaaing Tro�eor Kontarry oblisftion.Oo snY act whk�Trwtor ha�.
<br /> >�!�sc�buthiP�to do and may atso da ang ofher a�c!it daems nacaasary to P�obcf Me aecuriry herwf.trustor shatb knmedialNy
<br /> . ,, upqrt QtmAnO.therela by Lender.PeY to Lender an costs and eYpen:es tncarted and sums expea0ad bY t.ender in oonn�ction witA
<br /> . �-u►4.axe�ct�e ay�,anae►oe n�e rore9ang r�nw.�e�ner.w�m i�e��me�.on�t tne asrault rats P���i6 ffie Nof�.Mm�n��
<br /> addYd tp 1he tpd�bEeQneas secured hereby.l.ender shatl not incur tny ItaDiliry beeause ot anylhin�it may do a omit b do
<br /> �a�daa WInWs.Tivatar shalt keep the Property in comptiance witl�e1I eppticeWs(aws.ordinances and re9ulatiaos �
<br />--= � reCadnQ to industriel hy�bne or erwironrtrsnla!protecUon(cotlectively�eterrad to Aerein a1"Enyironmenfal LBws").Ttuatar a11rQ
<br />--- �as't�4ous Msterials 7�nistor ereb�wartanhazar�ow ofe�ents �der tl�at there are no Hazaradous M teriata on ar
<br />-- under ths P►opetty.TrusDOr hereby aprees to tndemnihr ana ho!d hannless Lender.ib directors.o(�cers.emptoyeesand a�enla�and� • . _
<br /> arry�ucaessors to kenders interes�i�ort�and ayainat any and atl ctaims,dama�,loss�and iiablipes a�isinQ in con�ection with =
<br /> q�,{: aco.use,diaposat or transpoR ot any Hazardous Materiats an,under.irom or about the Property.THE FORE�OIN(i
<br /> Wl�AfiR� tESANDfiEPRESEl�IFATIONS./WD'[RUSTORSOBiltillTtON3PUNSUANTTOTHEFOREGQIN(i1NDEMNRY.SH/W. =
<br />= SURJIf/E.fl�ONYEYANCE OF 7HIS�OE�D OP THUST.. . . --
<br /> • y�:As�1N1ff p/R�n1�.Trustor hereby assigns to l.ender the rents,issues and profits of the PropeRY,provided that Truafir =----_
<br /> � 'ahall,unUltheoccuFreocaotanEventot0efaulitiefeuader,havetherighttocoEtectandretainauchrerris:issuesandprofitaasU�ey - _
<br /> - baccma Eae and;paygbta Upon the occunence cf an Event of Oeisult,Lender may.either In person cr by a�e�wldt or without — -
<br /> - brt�a��try�8cfi'ras�d;proceeding,or by a receiver ep(wtn�ed67t a court and wfthout re�ard ta tne adequacy of its neasrity.enter �__--.
<br /> upcn�trit;taice�rpssa�,ston of the PropeAy.or arry partthereaf,ia itsnwn name or in the rtame af�re Trustee,aad Qo any acts whicb� ����
<br /> de�s��,rte��g�,�qxdesirabtstopresenrethe.vatµe.rnarketx�z�r,�v�'rentabilityrottheProperry.a�anypartthereoforintereattherein, ,�
<br /> - __ - _ _ incc��ha 7pCRt�c��eretrom ar protpFt the se�,rity he�sof and�with or.�hoat takin�,g.^ssessio.n:c�the Property,sue tor or ��.
<br /> � otherwisA colteCE"�rents,issues and profitS tP�reof,inctu�i[ng those past d��and unpal"d,and appry the aame;leu cosis ari0' ::, �,.;j;�-
<br /> `� � expenses ot operation and co(lection inctudiag aROmeys'tees.upon any Iqd"e�dness secured he�etry.atl in such order aa Lender ;�.�:=�u•.,�
<br /> " '� may determtne.TAe e�ering upon and taking possdssian of the PropeRy.tfie_cuitectiorr of sucb�ents,issues and profiis and the '"�'_L�;T
<br /> �}, � :.t:'f - appHcatFon thereoi as atoresald,shall not cure or waive any detautt or nodce of Aefautt hereunder or invatidate any act done ta ;�;,-.��:j;.
<br /> responsetosuchdefauttorpursuanttosuchnoticeofdefaultan0,rtotwithstandinglhecontinuanceiopossessicnofth�Propertyor ;�;;.=_���__
<br /> the cottection.recelpt aa�applicatian of rents.tasues o►profita,and Trustee and Lender shall 6e entitted to exercise every ripht �,�.�,`�w����_-
<br /> � • provided for in any�p!!he Loan lnstrumems ar try!�v.uport cccunence of any Event of DefaulL inctuding wtttrout limitadon the�ht. �`�°.�_
<br /> , " to exsrcise the ppHr�af sale.Further.Lender's.�+��and remedies undertt%�Faragraph shali be cumutaave witb.and in no way a "w. . _
<br /> ��' Itrtfitation on.lsaQe�s Nghts and remedles unde'r afr,j assig�ment of leasee aii�r�nb recorded against the PropeRy.Lender,Truatee. �_`
<br /> �`';� and;itig frlreivBr.9hA11 be Oab te to accuu M ontgiaF those rents actualty�eceasd. . . �:
<br /> ••. - �t.;E otDNaaN.The foltawl�g ahat!cortstitute ariE��"!t of Oefault under this Deed of Trust _' '�,;'
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<br /> . , : r (ar•�aifurm to pay any instaltmeM ot priacipal a��ntrrc-s�of any other sum secure�!"•e�aby when due; �_:.�.��-
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<br /> "'AS��.:; .
<br /> (c)AdreachofordefauttunderanyQrav.sioncontaireQMthaNOte,thlaDeedotTiut.anypitheLoanUstruments,orany e,•.�.�-: :
<br /> • � other lien or eneumbrance upon the Properry; . ^� J� `
<br /> ' .:,.y„.�` � � (c)A writ of executlon o�attachment or any simifar process sAafl be entered against Trustor which shall become a lien on , :.:.�-•:=.
<br /> � }'. h..:,.�y�;•�: the Praperty or any poNotr thereal or tme�est therein: , . • ,�'',_-�';�'
<br /> � (dj There shatt be fl1e0 b .or againsl Trustor or B�rrawer an action under any gr�sent or tuture tederal,8tate or Other ''"_�
<br /> y .:+�'.�'���`. -
<br /> � statute,taw or regulation reiaUng to bankruptCy,ins0i�re�e�or other relief tor debto►5€cr�h8re shall be appainted any trustee, •.�,,,y,��_-
<br /> ' receiver or liqutdator of Tru9tot or 8orrower or at alt or a:sy part of the Property.or the r�-ta,issues or proTita thereol,or Truator
<br /> , ,.` or Bonawer shall make any genera l ass igr.��eni tor the b enetit ot cred:'ors; �. I� �-.
<br />` � � (e)The�at�e;tranafer,lease.assignmerti,�anveyance or further er.p..:�6ranca of alt or any part af or any interest in the ( �. ��
<br /> .��r°:'� Property,eitttei voluntarily or involuntarily,without the express wri.°,err conseM ot I.ender.provlded that Trustor shatl be '
<br /> "`�`=r p9tmitted tc execute a tease of the PropeRy that does npt eontain an optton to purchase and the term o1 which daea not excee0 • �, � •<;;;. �'•
<br /> � . � '• - , arte�year,, . ,,,,,a,�.
<br /> . . Tr... "
<br /> • �;:`•",�. '� (Q Atsdndonment of ihe Properiy;or • , •�'s•�;;?':`. _
<br /> � `�`'`�� �' � {y)ItTrustar ls not an Indivldua4 the issuance,sate,vansfer,assignment,conveyancg or encumbrance o1 morethan a total =
<br /> �!- a1 percent of�if a corporatlan)Iq issued aod outstanding stock or(if a partnershlp)a total of percent ot � •�_
<br /> • paRnershlp interest9 durtrt�tfie perlod thi9 Deed of Trust remains a lten on the Property. }: �'•� • __
<br /> �". `•: 12, p�dNs;Ace�Nration Uppn OdaWl.ln the event of any Event ot Oefault Lender may,wlthout notice except ae required by -
<br /> • � ' taw.dacfare all indebtedrteas seCUred hereby to 6e due and payabte and the same shatl thereupon Oecome due and payable • -
<br /> �:�:•, �: r without any presentmen�demand,pratest or��siice of amr ki�d.Thereafter Lender may: .
<br /> '' '`f�' �:�:- � (a) Oeman�that Trustee exercise fh��OWER OF SALE grante��ereln,and Trustee sAaii?Fereafter cause Trustor's
<br /> ' ••�;;;.; ;y;�"`- � ^` _ intereat in the f'loperty to 6e sotd and tre pr3ceeds to be diatrlbuted,�`!rc�the m.anner provlded in Lhe tlebraake T�usi Oeeds
<br /> � �. , ' - . -- A� ' ;
<br /> � °" ,�'"•:'.� (b) Exercise any and ait dghts proviCed for in any ct the Loan taatruments or by law upon occurrence ot eny Event of .
<br /> *+�u*�_ ..�, .
<br /> '''��' ,�� .�r� Oelsu�kand .
<br /> �''` �.f�:°�n..- (c) Commenca an acUon to toreCtose th�s Ceed of Trust as a moRg�.appoint a receiver,ar speCittoally entorCe any ot thA � •
<br /> : `�"" ��".`- + covenenta hereoL t
<br /> .>•...• ., t
<br /> '-���'' . � No remedy hereln canletred upon or reserves to Trustee or Lender is inten�d to be excfusive of any ather remedy hereln,in the •
<br /> :: ::���.., �. .: Loan Inatruments or by taw prCviCed or per.^:�tted,but each shall be cumulative.sha11 tse J�addition to every othe►remedy glven f
<br /> , • •�;, �y�,�;;��;;,;_;:. hereunder.in the Loan InsNumerb a��ow or hereatter existing at faw or In equiry or by statt_�,and may be exercised caneurrently, (
<br /> • ,,���,;;,;�;�.;.:_ independeMly or successively.
<br /> .•''� ' �rts-.� � • 13. T�ustN.The Trustee sRay resigrt�t 2ry time without cause,and Lender may�x any time and wlthout cauae appoint a �
<br /> `�y'� ' successo�or SubstitUte Trustee.Yrustee s►�a1I rtcc be 1lableto any party,Including wlthout Urnitatlon ler.Ccr.l3orrower.Trustor orany -
<br /> . � purcheeer ol the Property,tor any�oss or C�Tar�anless due to recktess or wltltul misaonQucL and sh�t�aaS he required tofake any . � . �
<br /> ' ;_�r:��.�. -. � ' eaUon in connection w1tb the enforcemen�ct this Oeed o1 Trus1 untess indemnit9ed,In wrlting,for a:1 costs,compensaNen ar �
<br /> _ �--J-----. expenxs which may be assoGatsd therewlth.In addition,Trustee may becomea purchaser ef any sate o)the PropeM(iudicial or i .
<br /> _ : : _ _ . unGer the power a!sate grance�r:rein>;postpone the sace ot all or any poRion o1 the Property,as p►ovlded hy t�w or sett the ' �.
<br /> "_�.� •� • �� � Prc�Ry as a whote,er in sep�r�pareefs cr Cota at Tr�;siee's discretlon. " � ; ' .
<br /> r ;• ' • ' . f 4. F�n and F.�tpN��a.ln the event Truste�sefts the Property by exercise of powet ot sale,Trus;e�sh�11 be.enLUed to apply ;. � .
<br /> , �.�=- �� � ar�y aate p�oceeds tir�t to payment ot all cCStsand expenses cf exercising pawer o1 sate.inctuding a!t t'r,�tea's fees.and tender's � ; .
<br /> ' � '`�� : � ' . artdYrustee'�attorney'atees.actuallyincurredtoeMt9ntpermittedbyappticablelaw.tnlheeventBorrcw�rorT�ustotexerclsesany
<br /> ' . � ri�.bt provided by Iaw to cure 2�t�venf ot Oefaull.Lender shatl beenUtled to reccva�trom Trustor at1 casts and expenses actualty ,
<br /> - • incurred a�a resutt ot TrugtGr'SC�tautt irtcJudtng without timitatton atl Trustee's anQ attcrney'a fees,to the extenf permitted by .
<br /> r:�
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<br /> , appliaabte taw. - _
<br /> .,�-:-_-=—"i�====-- •1b: �utivaltdv�ntaa,l7�ir�r�a!8oaa+rrer.Lesde�a+a�,a!!ts o�lton.make addltlonat,ert�+�ture advaneea and re• -. �:=_;_-_-�___-
<br /> �' "" � " advanceatb Borrower.Such advancesand readvances.with interest thereon,shaU be secured bythis Qeed af Trust Atno Ume shall :
<br /> ' ,;�� �;� � theprinoipatamountoftheindebtednesssecuredbythis0eedafTrust,nalincludingaumsadvancedtoprotecttheseeurilyotthls
<br /> S �• • Oeed of TrusL exceed tha aflgtnal princlpal amouM stated heretn.o�5�.. wh►chever is greater.
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