|
� c •
<br /> •� - . �� ..._. . . ;��F
<br /> .�� .`. � �.. .
<br /> � -- ` --. . . �7:. . _
<br /> Z - ,;. � .; , � -
<br /> { � � '-. ^s; Z' r-�F - � �_ . =oae�CS} ---
<br /> - � . .. , `i_� �� _ ._ _ _ . _ ... . _ . _. ._.__— �
<br /> � ' . - . ��5 L�I._ � " . . . Y..� '_'____
<br /> _�..:;�:-= -:�- _} . � z . _ _., . ` . 9Z�--��iQ63 - � ��
<br /> � � . _
<br /> �_ � _ � : . _ .
<br /> ..;�,,,P,�„k�o hk�n a d�0.e.�n�Kl�h�v.M,.�p�►kt tls�of.and ati�oG+1.di�cnMon.b.�p1�,aN«x�t P►oo..d� -
<br /> hk�n
<br /> �Np�r d�Que�n�tl�Mron!ill caaf�and ucp�nsM tnGUr��d OY H In conn�ctbn wllh wch P�oc�.upo��n71��f�unQ
<br /> tfw�bfl and tn wch ardK at�L�ndu�nty WMr�in�.a to�PPh tl1 fuch Procwd�.aMr auM diductlons.b th�wporaltan d MN
<br /> p�ppMy uppn Wd1 f�ndl�onias L�ndM e!�Y�Mrt�M MY appltca�M Proa�dsbi�0l�nw tNil tat�x4e�dorpo�ot�
<br /> � ri�du��M ot any DaYrt�b ur�tM NoM.or eun anY QN�uli thrnundu a hKand�r.MY un�pp�i�0 tun�stiaN 6�P!id fo < .
<br /> Ttullor. �_. _ ' .
<br /> - - : t.Raeleae�ne��L�vv�a�acc�nn�sot�n Evu►i ot oehutth�reueider.a tt�r aat i:tatcK►a tq�ttxoewdi�0 ---
<br /> conrmnc�dwhi�hm�MriaibafhcbL�nde'stnMr�stiatMP�6piriy.t�nQumaytiribormdi�Nkn.tsutwitliouEoO�ladQ - ,�
<br /> �so.and without nadc�to or demand uP�Trustor�n d w i 8�o u t c s l e��i r p T r u�l o r irom an Y obl l p aMoR,do any act whfeh Ttulbr has
<br /> pr�d but lails to do and may atso da any ott�eF act it dwms�Y�P��tM�cwiry Mr�W.T��ari.imm�dlaMN
<br /> upon de�nsndtl�nlorbl►Len�Mr.Wt1►totendKaticasb�nd expe�s�s incurredandsums exp�nd�d bll L.�ndK in conn�c�anwif�
<br /> ttw�z�rcia�by L�r ot 1tN forpoin�fi�hts.to�tlher with inUrestthereon atlhfdNaull raM Provtd�d ln tlw Nol�whiChsh�H b�
<br />-- ad0�d to�tM ind�blsdnass l�curad heroby:lerWSr shall rto!incur arty tiability b�uss o!anything d may do nr on�k lo do
<br /> t�euedst., � .
<br /> in c �ance wEtA afl�ppliC�6w Iavv�ordin�nc�s and rpula/UOns
<br /> - � �H���T�s1or shifi i�ep tAS PropeRy' omPl� OD
<br />' rdatinp to industriai t►Yp�ens or envi�onmenl�proinctton�cottectivehl�etenea to herein.as"Emmrironmsntat Lsws'1-trwtor�hW —
<br /> ��Fr�p�tyfresNom all wby�nces deeme0tab0Aazardoworto�tc underany Environmentattsws(cotlaCtivehF rekrtedto
<br /> e
<br /> hsrt�irras"ttuardow Ma�eriats'7.trusta�hereby war►ants and teAreseN►ts to ien�that there ars no Huardow MsMrisfs on or
<br />�: �,�t�p�pgeny 7NytorRerebyesroestclndemnityandhotdharmtesslender.itsd"uneton�.officers.emPtoyee��da��+�
<br /> ` . ary auc�es�ors to Lendsrs iMeteax ilom an4 a�ai�ut arry and all cleims,Qamayes.tcsses anct tidbitities arising in cannactiOn wifh --
<br /> ' gb presence,ws,disposal or dansport ot any Hazardous Materia[s¢n,under,trom or about the Property.THE FORfC01NG _
<br /><i„,• y�►qq�T1E$MlppEpRESENTATIONS.ANDTRUSTOR'SOBliCaATEQNSPiJRSUMCCTOTHEFOREGO1N�i1NDEMNITY SHALL —
<br /> , SUHVNE RECONVEYANCE OF THIS AEED�1F TRUST. _—
<br /> tp.I1��K of R�Tnsstor hereby assisns to Lender tt�s reMS.issues and p�ofib af the Property:Pravided that Ttu� _--
<br /> ahatl,ur►tiltNeoccuRenceofaaEvenfotOetaudhereunder.havetrterigMtocollectandretairtsuchwrtls.issues�ndDrofitsaalhaY -
<br />- pecpme due and payable.Upon the accu►rence ol an Erent of Qe[ault,Lender may,eifher in per�on or�y aQe��witA or without
<br /> bringln�any acdon or proceeding,or by a fecefver appointed by a cauR and without repard W the adequacy ot ib ascuriry.eotOr =�--
<br /> �� uponandtalaalvossesgianoftheProperty.aranypartthereof.initsomrtamearinthanameottfte`�ustee.anddoanyacbwhicbit
<br />.!T.`'• 't� dggmsnece�aryordeairabtetopresenretAevatue.matketabilitytorce�abitiryotthePropeRy.oranqpartthereolorinteresttherein. . �::���:^;_
<br /> , t, �n��j}��nelrpm pr p�ptect the security hprqpt artd.rrith or without faking poss�sion of tha PropeRY.aue fot or �`:'>_�.;- -
<br /> � otherw;se co:;'ect fhe�;ss,issues and profitsthereol,inctuding those past due and unpaid.a��appTy the same.tess cosls and .��_
<br /> �":=.� expensesofop8�a�onar�coltecdo�includingattomeystees,uponanyindebtedaesssecu�edhereby,alllnauchorQeras4ender � �-+4�,r:,=
<br /> .lr y��'
<br /> �terxon ot su�rents,issues and p�oflts and the •. ��-
<br /> " .• may�;Re,.The ertfrmg upon and taking possession o1 tAe Properry.the ca .�:=ti
<br />� � � ' app�ica�d:e,�;ereo!as ataresald,shaR rt�i cure or waive any detault or nobce of d�fauTt 6eteue�der or invalidate any ect done in ��-`».'s���_,
<br /> �`�`�;�z' � • respo:ese��s�ttdefauttorpursualrttose�,finpticeutdefaultan0.notwithstandingmeccsr�3inua.��e€npossesslonofthePrope+ty,or � �.:1;�'���-:-,_
<br /> ,�' :'' the Coltea's^�.r�?.rECeipt atid2ppticaGan oF rents,issues ar profits.and Trustee and Lender shai°t me enUUed to exercise eve�IF►�?t ••�<=ti''`'�`'��
<br /> �:` � �rcviQed�F:s�sanyofC-�E�nlnstrumentsorbylawnponoccurrenaeotanyEventotDe��s:i;'c�6ngwithoutlimitationthec�gRt ;�:--
<br /> '��':', t0exereise�►epowerafsa',�Further,lendetsrightssa�drers�ediesunderthispa�a�hsha:i�ecumutativeierith,an0inno�ra�!a° 4k:-�j,�,
<br /> . " 'limitation:o�,EsrtQers rigHts and remedies under any assignment of leases and rem�ru.arQed a9ainst the Prop�:-�:ender.Tr�tee . �_s.V,_ ___
<br /> %%?�`1 and the�ei�tusr shall be liabte to account onfy fos tfiose rents actualiy recetved-.. . ' . �' :
<br /> ' �7'. =:�,�";:
<br /> . :�,:.¢,� , tit.Ev�!"s W pNaulE The following shall constitute an EveM o`�efautt unde�this Deed of 1'mst � •�;: :;•
<br /> �; •. :..�,_•is{:v,:�� (21��ailure to pay any instaltr�e.�tat principd!or interest a`�i•other s�+m 4ecure0 he.:�^when due: -" : �,.�:•
<br /> °'°� b A breach of�cQefauttur.42'd.'►y pravision contained in t���yote,this peed of Tn,si.a�^of the Loan Insuuments.crany _ �tu-.
<br /> . +�e ih�y'c"i-�i,.. �. . . � � ' . _ .
<br /> � J-�•r'�� otherlienorencurt:trra-ceupcs►LK��ropecty; , --
<br /> �;,,.-� - .. -.
<br /> . ,�,,�;a.,�.;,r� (c)A w►It of exec�tion or a�ct����.�tor anysimiiar process shall be entere�againstTrustor which shall become a lien on
<br /> • ,���,.�.�. � the P�aPe�ty►ot any portlon thersc,�;���nteraat!!►cre�n�
<br /> ' - •e • (d)Theee shall be t'ded by or,a�i:rs1'�rustor or Borrower an aation under any preseret or tuture federal,state or other .
<br /> atatute,taw or regulatibn relatirsg4:f::�ak�uptcy,insotvency ar aZ�er retief tor debtors;or P.se~e shaif be appointed any fiutee. _
<br /> recelver or liquidator of Trustor orSw-rower or o1 atlor any p�'c'�►e Property,orthe rents,-;�ues or profitathereof,or TrustOr
<br /> - = ' .- or Boaower shal{make any general assigame�.tor the be.-�aft��sf creditors: _ ., :
<br /> � �,;,;,;:\ � (e)The eate.t►anster,tease,assignment co�veyance oz:�:lher encumb:a�ce ot all o►any part a!or any interesi in the �.�.. , ,
<br /> �#�o��.•�:� • Proper,hl. elther votuntariry or invotuntarily,w+:`o�t the expr�s,written consent o1 Lender,pravided that Trustor shall be. � �, . .�
<br /> - '��'�; p���toexeeute a lease of the Prapenythatdoes not cor�.r�n option to purchase and the te�m ot which does not exc�ed .:.
<br /> =':L� •� • one�r, . ' : : ' ��+:,;,
<br /> � .' . �.'�`,:�:.
<br /> ���:i:i4'->, . (n AbBndonment o1 the Propertyr,or }' �, �:;�::
<br /> � ;� . (g)IfTrustoris~`�'stanindividual.theiSSUaace.sate.transfer,assignment,conveyanceorencumbrancecf.�roretha*��tr�l � J . _
<br /> . . � ��� `
<br /> � � o} perce�.�af(i1 a�orporation)its issuedand outstandiog stock or(it a paAnership)e tofal ot � percent ol t � . �
<br /> � �;:� pa�tnership IntereS��E+Ftng the periocf t�is Oeed of Trust rema�ns a lien on the Property. , • t _ �
<br />� - • �2,p�n�dlK;A�eMOiratlonUponON�uH.tntheeventolan Eventof0etaultLendermay.w+thoutnoticeexceptasrequlredby ��;`.s�•
<br /> Y '
<br /> '�� � taw,dectare all indebtest^ess 9ecared hereby to be dus end payable and the sar�e sha't frC-�.�Aan become due and pa��le -r �,�� '• ;�:,:":;
<br /> . '.;., .
<br /> y,�r'.�"�� wlthout arry p►esentrrte:��Qemand,prafest or notice ot any klad Thereafter Ler.�3r s�af ;. . • . -• . �.''•�'�
<br /> • '.�: '_ `�'• (a) Qemand t►:at Trustee exercise the P0�'.yER OF SAtE granted he�a:?,.a*�'ra:°��t-�'t trr�rea.itr�^,z�•Mse'�"►u:.'��'s :I;' ,
<br /> :�'�'`.. ' ' ' �-Zsr4st in the Properry to be sotd and the�r�sc-+�9 to ba distributed,att in 2^�Ynne�p�ev,�e�:n'r'e tie`.�"'�c3�r�yeed� ; . .
<br /> . . r�. • -�� • ..� - �Y . , ... � � i� ,
<br /> ,��;;j1..,��. ,�} Exercise any and aIl►ig��proviQed w�r.1n any of the Loan Instrurror�or by law Opon ocC��tr�.fWe ot any�-�c-rt of
<br /> ,�;�.;:. .�: <_ . . �e��!L and �
<br /> `r.:�;_ ., ' ' (c)Commenceartactiontalorpccoset::SQc�;.�o!?rustasemortgage.aF;^.ointareceiver.orspectficallyentorceariyotthe } �
<br /> • • � covenants hereoL " `•
<br /> . ,�: ' . . . ..� .
<br /> �r' '� No�emedy hereln conterred upon ar reserved:3�rw�;�o�lender is intend�"��3e exctusive of 8ny other remedy herei�.In the
<br /> � ��; "���=� ' ' •' .. toan Insxu;nenb or by taw pravi0ed or permiM�:��t e�eh 9haft be cumulative,s:iatt be In addaton to every other remedy given ,
<br /> ' ``�` '• � '`+� hereund�;.�.m the Loan Instrumert3 arr•.a�u or tier�a'a��exisling a�IZw oe in equiry or by statut2.2;nQ may be exercised concurrentty, ,
<br />,i:% :4,. r.�..,`�; . �.. . . . : -nr�
<br /> �' ;'•...";�n;';::: indepenQ�e+Y::y or successfvery. ' �
<br /> 13,�sult�e.The Trustee rrff;� c�°�»at any t•���ws��o�c�.�:s�.and Lender may at any i:t�re and without cause eppo�nt a
<br /> ' � successor or subsUtute 7rustee.TrustBe shall not b�Gr:�.'e toany party.including without limitatlon Lender.Borrawer,Trustn�Cfany ; ,
<br /> •• purchaser of the Proper�/�for any loss or damage u�r.+�ES dueto recktess or wllltul misconduct and shall npt be�equi�ed to�xs a�y �
<br /> , � ' action in connection with the entorcemen!of thi��eed ot Tr�gf unless indemnitied.In writing.tor all costa,cQmpensa�on or
<br /> - expensea whiCh may be assoCiat�e!therewlth:ln addition.Trustee may became a purchaser et'8ny sate o1 the Property(Judicial or � �
<br /> 1' � under the power o!sate graMed herein};postpone the sate of au or any portion ot the Properry.as provlded by taw;or sel�the ;
<br /> Propertyr es a whote,or �n separate parcets or lots at Trustee's discretlon. - � -
<br /> �� . . � �q, �����.In the eventTrustee setls the P�opertyr by exerc�se of power ot sale.Trustee shail be entitted tn appty
<br /> ' `�� ' � any sale proaeeds tirst to payment ot a11 cosb and expen9es of exerc�sing powei ot sate,tnctuding all Trustees tees.and Lender's
<br /> ' and T�ustea's attomoy's tees,aotually incurreC to extent aermitted by app��cable law.In theevent Barrower or 7rustot exercises any
<br /> _ • . . •• • right pravided by taw to ture 8n Event of QefautL tender shatl be eretdfed ta cecover irom Trusior al►casts and expenses actuatty •
<br /> � , ineurred e�a lesult of Trustor'e ttetault inctuding without limitation all Trustee s end attorney's fees,ta thA extent permitted by
<br /> � _ _ apptica�te taw. � '
<br /> —= 15. itiRtfi ltdv�eA.ttpmr*eRuest of BorrFSwe;:tessdav ss�af,at�ts ogT�J�taaIt�BQQtt�onat•and future advanees and re- _. . _.._._ --
<br /> sw
<br /> � advance9to Basrrawer.Such 8dvances and�eaCMance9.with inferestthereon.Shall be secured by this Oeed of Trust At noUme shall
<br /> • • theptinCipStemountottheindebtedn�595ecure�byfhisrJee�otTwst�at��a(��msadvaneedtoprotecttheseeurityotthis •
<br /> '_�_ - ,_-,__.—__- __ - Oeed of Trust exceed.t�A originai prinCipal am0uflt Stated herein.or$ _ - er i9 greater - -
<br /> _ �whichev • ,
<br /> ,- _ .._ .. '� - �' '
<br />
|