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:�� <br /> ..� = <br /> �. <br /> • .. .rwa� <br /> . <br /> __ .-_y...___ _ ... - '_-. :-- • .- s .� . _ . .__- --__-- __. <br /> -------- � w�..w r......_ -._......�� � <br /> i , „ "�".r �_. ._ .'-—�. .. . ._ . �� .. <br /> � :� • 96'i�2��1 _ , <br />' . 1�. TA1(ES AND A88E381�ENT8. (�r�wr an�u p.y Ru ux�.,u�d a�ra�m.+�a r.latinfl to Prap�rty whM dw�.�d Imm�dt�t.1Y pro�ICw l.nd�r �:-. <br /> �vidonoi of paymu►t of wr�. Upon th�r�qwst u!l.w►cNr.Gtint�r ch�ll dapoNt with t�ndsr�ach monM an��tw�MtR(t/t2)ot M��1timAHd annual �� <br /> ' {nwran�s pr�mlum.taxa antf�uasamuits p�rtalnlnp to tt»Prop�ty- So lortp�1Mr�li no d�lautt,tMN artxx+M�ahW D��Qpk�d ta ffW payrt►�nt -- - <br /> of taxu,rwaiwrwnU uki l+tiwrutio�1�nquJ+sd on tna Prop�rty. h tM�wnt M d�Muk,L�rxi�r�hnll Mw tM riyht.�t ift wl�oplia�,lo�p�1y th� � <br /> fundo w Mid Eo WY+�Y taua a�pilnst tM ObU�yaHot�s. My futxls�pplMd rtuy.tt L�►d�r'�op4un,b�sppliW in tw�tw ad�r o!th�du+dab <br /> ' M�tsot <br /> ' 1i. INSPECTI�N OF PiiO?ERTY. 110aK8� RECOii0.S AND RI�POFITS. (3ranta�Mli albw Undst or kt apMb to�x�nh�u►d Intp�c.Y tha � <br /> ao�snv an�sxamiM.Insp�ct and m�lu c+opN�of G�n1a's book��nd noorda�AalnliW to tM Pr¢pwty from dm�to um�. Grantor sMU O+ov1dY <br /> �ny a�lat�no�aquk�d by LWW�r 1or tMM PurPcM�. NI oi th�afpnatura and Intormatiar►ca�talnW in(3rL�tat'�baaca and tioor�shaG G <br /> ��nu;ns. Srw, �^cunH�nd cempl3to In a!1 nfP�. Gr�lor�A�i1 naM tM�r{uana ot LwKil�r'�Wn�Hclal Int�r�at in ih books and nootds <br /> p�rtyntnp to yw prppMty. Addltionaly.Grnnlor�hall r�ort,in a totm sstistactory to land�r,wc�h Mlormatlon u Und�r may rpwst rpuWnp <br /> Grantar's Hnanclal co�diNon or tA�F'rop�tty. Th�inlorrru�tton shW b�br wcA p�rlods,tAaU ntf�d Oantor'�r�oords a1 wch tirtw. �nd snall b� <br /> r:n:ar:3 w�it!►w..^'s trequancy ss L�nd�r may d�naN. NI i�iotmation tw�i�t»d by Gnnla b lW+d�r�fuU b�trw.aoauW arW oomplrM in all <br /> nt�ct�.and�lptwd by Gtsntor H L�nd�r nqwato• <br /> 11. ESTOPPEL CERTIF�CATE9. YVithi�t�n (10)days att�r�ny�pw�t by l�rW�r,Cinntor afull d�ilwr to I.�ndar.or any Int�ndW u�nat�rs�of <br />_� Und.r's rtpt,a wia,n�p.c.�t to d,.oatoaUa,a.a�tp�,.a ana.cknow�.aQ.d.abma,��p�c+iv+nu la)th.ouac.rxsM►p w�aru.on n»oo+ipau«,.:ar,d <br /> - (b)wMth�r C��nto�P�N�any claTm��d�hn��wt-0th or oounMrdalmi with htp�!to N►�QbltO�tio�a and,if w.tM natur�of wcA otalm�. <br />; � d.r.�r.,,t�toH�a oounbrdaim�. Grantor witl b�condutlwly Oou�d by�ny apr�Mntation th�t UncNr rtuy mak.m a�.�na.d aans+�..w��n <br />° i rsp.a eo n�.maear.in th.•v.nt snae c3ranmr tau.w provid.sna r.qu.s»d wten.nt i�a wrNty mw,.r. <br />,� 1�. DEFAULT. Ca�an�a shall b�in dNauR und�r thla ONd ol Tnut�nd tlu Tnu�y powK shail b�oom�op�rdtiw in tM�wnt tt�at Gnntor, <br /> � 8o�row�r w any puaran�of tM ObApaKoru: <br /> � (�) fal1�to WY�Y��tion to Ut�t wR�n dw� <br />± � (b) taiu to p�Aorm�r►y Ob1�paUon or br�s any wartanty ot oov�nani to L,�tuMt cont�Uwd tn thla D�d o1 Trwt ot any osh�r pns«u ot futur� <br />� I .or..m.nr, -;Y <br /> (c) d�stroys��oa�s a damapsa tM Prop�rty In�ny maurial n�p�et a wbj�ca th�Prop�rty to s�isur�,oonfiwtion,a oond�tion: _ <br /> (d) s.aks w r��wic•,arm►nas.o�ou,.rw�so umn ne iiaarry ur,a.r.ny�uar.nry eo una.r; <br /> i (�1 diw,boxmw Npally inco+np�Nnt,i�dis�oM�d a t�rmirutW,b�oomu InwN�nt.makq an acslQnm�nt for th�b�Mfit of cnditas.faiti Lo <br /> WY d�beo a�y b�oc+n�dw.filu a p�tiUon undw th�t�ral Dankn►plcy laws,has an invoiuntary P����+�+P�1►fil�d in whkh Gantor. <br /> 80tt0Y»f OT i.�y Quirantot i�niTMd�Ot hi�ptOp�Ay LkM undH�I1y Writ o�ptOqi�ot o0urt� <br /> � dav+s flooas eo w w.d,tr.n.p«s.d«�eor.d on u»Prop.rey�u�.poa�ufon�tronaportatior,�or w.of wnicl►.�s iu�al: <br /> (S) Wlowa a�y party otMr tlun(inntor or Borrow�r to aswm�or ur�d�tak��ny Obiipatiar�withaut th�Mrcitt�n�M of Under,or <br /> (�? ca��Und�r to dMm iWM Inwcun dw to�sipnificant d�dirn in s!»vuw of tt�Prop�rty�or f1 WWw,in pood faitl�,tor any nawn. <br />':� bNl..�a t'ue tn.protp�ct ot payn�►.nt a p.Aormano.a im�ak�d. <br /> - t�. RIWiiS c7F LEii�'eA OPI D'cFAULT ii G�iii W�i wtaiift urt�:�tfi�:L�".i'.7!Tie..l.L:s:L�er shsN 4e entiHed to exxel�one or mors of tM --. <br /> io{Ipvetnp nrt�di�a witlwut notta pr d�mand(uea�pt u rpulnd by{aw): <br /> (�1 to d�dan tM ObU�atlon�knm�dlaeNy dw u�d payabN in 1ut1; <br /> lb) to ooli�ct t!w outstandMO ObUGallorw with w wHhout rNatir�y to judicial proatr, <br /> (c) eo nquk.e�r.ne«to a.uwr.nd mak.•vau,a.to l.nd.►.ny a��aroa��hr a ex..tt.ts oonsritu�rw��P•nr u•v►+o•n+�+�+v = <br />``� conwni�Mto CxanOOr�nd Ut►d�r, <br /> (d) to Mar upon�nd eak�posM�lon of th�Prop�rty without appiytttip tor or obt�fniny tl+��ppoinun�►t of a neWvW�r�d,at Lofld�t'�optial,W <br /> �ppoirk a c�fw+witlwut 6ond�wRhou!fltst bdnpinp wit on tt�ObUpationa and witAout whcnwis rt�wtinp anY�+�+II���d� �`- <br /> na�iwrs,d�in0 InbndW tl►tt L�nd�t�tul1 hav�this oontractual dpht to at�+y�oirH a nCNwr, <br /> (d 10 w'++A�Y��►�napinp�p�nt o1 tM Pro�aRy�nd Nt th�»m�,�itlwr in Tn+st�'s o�a�narrM.in th�nartw Of L��d�r or M tM nam�of �� <br /> Grarna.and nalw tM nt►b.inoan��,IswM and ptofits oE tiM PropKty arW appiy t!r sam���ttu paymW►t of�II n�oostary cQarpis uK! �=' <br /> �xp�ttw,on acoount of tM Obli�atlonr, ` <br /> (� �WY+�Y wms In any torm or m�tn�t dNm�d�xp�nl�y l�t�r to prot�t tM a�a+ritl►of tl�is Ond of Trwt a W au�any dMault oUw �- <br /> tltan p�ynNnt d inbrMt o�ptindp�l on t�»Obtipationr, _ <br /> t9) to to�cloM thl�owd ot Tnut judfWallY a nonjudlcialry arb w dina tt►�sw ot tta prop�rry ttuouph�xwcir ot tt»poww ot�w as -- <br /> nhtwfc�d in partprapA 20 Mr�of tn a0000rd�f►a wkh�ppkc,�bN law: �_ ._. <br /> 1�)10 Nl�oM Granta'�ObliQatlot���ains!�ny eiwu�a pw�d Gr�r►tor by L.�flti�r inok+dinp,but not I(mit�d t�.monNt,ln�trLtrtflflt�.and d�pOtit = <br />., iCO0Yf1ti Tilflti�Md With lM1d�f Of ifly WRM11�/�%1i�lfl�Of MUfi tH�iliib 0?L�fld�f:�fld e _.—. <br /> __ �1i».�.r.wT.�N MA�r�IM�w�Il�lff�M 1 welfl�f��e1dM YW�MM Wfi11M1 aG(MRMM O��D�IC�{MM. v. <br />' L,orKNPa r�r.ra cu��nuia�va and may ba u��.�elisd toQoShsr,s�P+ralalY�snd Ert any otdK. in the w�M that L�ndM M�LRutM an acfion�islr�tM � <br /> noowry d�t�y W 1M PropWly b5►waY a�P�N��^t r�rn�dy In an a�tlon apamtt Gnn�a.GtanOor waivas th�po�Unp af any bond wMcb mipht - <br /> otlwfwisu b�t�uind. L�nd�r or LMld�r'�d�sipnN may purc�a�tM P�r�oW�Y at�r1y ta1�. Ptoq�ds Of fny Tru�'a nN Mr�urW�r ahall b� _=� <br /> appWd flat�to t�s cotb and�xp�n�s of�x�tot�np ttN po�wr ol wN and Bw s�1��IncludJny tfN payrt»nt of th�TruatM's t�N InCUrt�d _ <br /> 1 N Iy <br /> ar►d not to ucoMd tl►�ariwut►t wlAch msy bs provldid for In thls DNd of Ttust.s�cond.to paym��t oi th�Obtiflatfon�s�ound MrWy�thlyd�b tM --°-- <br /> wrm.�n of�w�Ior en,a a..a•,m«oaw«.o►anw u.nno+a.a.a„a,t�.au.no.,it any.eo uu w�«Peson.I�pauy«„w.d n,.n�o. T I,.aop«ey =� <br /> or any part tt�.ot may a sola tn on.paroM,«In wa,paroNs.mann.r�x oro«.s I.,�f�in ds,a.ai.awoa may.i�ct..nd on.a m«. =. <br /> �xarclsM of t!N PowK h�tNa Oru�L�d tltall no!�xtlnpulsh or�xhw�t tlN povwr untw th��ntin propwly Ia wld or th�oblipatior�an paid tn tull. --- <br /> 2Q TRUSTEE'9 E�RCtSE OF POMIEA OF SALE ON DEFAULT: Upon d�aul!by Gtrantot Mpaym�nt ot any ObQaatioo��au�d h�nbY,L�ade = - <br /> may d�otan�Y wm�a�a+nd Mhby unrtwdiatNY dw and payabb and shall cauw to b�fiNd of r�oord.writan notla of dNault and.Nctron to MII - <br /> tM Prop�rty. AIMr 1M IaAN ot sueh Yrtw u th�n msy b�nquk�d by law followinp nootdaTlon of w6h noHw af dMauH,�nd notkr of at�havinp �' <br /> - bNn piv�n aa1t�n9ulnd by law.TrustN.witlwu!d�rtw►d on(3rtv►tor��haW M11 wch propwty��lth�t u�whoi�or In s�parat�parais��nd In wci� <br />.:1 ardw as k or fMW�mty dNMmin�at publlo auction 10 th�hipMat b1ddM. TruiLM may postporw 1M sW of W ot�rfy patlon of tM Propwty by �';:- <br /> r,.�n wnnerw�enn�nt at 1h�1nr and dao�d aaw.�nd lrom tkM to Ntt1�tf»na1Mr 1naY q0�ta0M tlN MM bY Publio�nnwrfownwlt o!1M t1fn��nd <br /> = p;.o.6x.d er�+•P�•�+^�a�«+wnent. rnut..enau d.�iv«eo wcA pura+asor its aw oonwykg u�.prop.ny�a a«tion�R+N.a.a:o+a,b�n <br /> 1� <br /> - withar[�r►y ooanar►t or warraaty.�xprw or impti�d. TM ncftal�i�wch dNd of any matan of fad or otlfwwds��hW b�oondwiw proo!o!th� � ^� <br /> �Atal,t�,a.eMr.a. /{ny p.r.on,Inauainp GaMa,Tnuq.a L.nd.r,may pwcha«ae wcn sw. <br /> z�. aeouESr�aoltcFS: �ram«nyw�.a�t a ooPy ot.ny nonc.a d�aae and,�ooav ot�ny no�o�ot sat.t�wna�r a manw a,.aa� -_ <br />= p�rson who a a paity harNo tl��ddnq of wd�p�raon wt forth Mnin at ttw aartw tUrw arW itf t!�wtw mar►ne nqulnd a�ttauph�NpanH� — <br /> nqws!tl»r�Of had b�f fil�d ty�ach woA p�rion. � <br /> �. SECWti1Y INTERE3T ll�iflEA THE UiIiFORM COMMERCIAL CODE Th1s ONd of Tnut sh�l1 b�oon�id�r�d a Rnancl��tal�rtMnt�nd• F` - <br /> 16cAU�f�in0 t Oo th�provi�iom of 1fM U�ifam Comm�rdal Cod�(u�dopbd In th�ata�wl��th�rWpt o�ty M locabd)oowrirp ttztcuM, - <br /> ChatE�it.�00 p�r�on�propwty now owrNd Or Mnafbt atl�dl�d t0 or to b�uNd in oonn�Ctbfl witlf t!w�'r � �o�ttwt witl�Ny�nd UI - <br /> (�{�0lRlMlti tlN��Of Nd addldOflS t11B�t0 EtM�alil�Y7�Nd Gt�f1�01 hOf DfN1t LM1dH� �k-l•�fqt kl WW1�hitW�. Th�d�b10f If tlN — <br /> �: Ciht110I dMC1iD�d iD0'V�. TTN NCUf�d�R�►If 111�LM1d�f dMCfib�d�b01N�Off dMR�fld�Cif1flLDl�lflfN R1�k�.�X�CtJM Nd d�YWf!{I01f MCWilyl . <br />� �.�fld�f i�fT�l�OUIily If{1�fNt�f1 ���t{d YpOfl Caf�tl�Of'�fiU11f�L�W���fl�f U Wb10fk�d�li�y�"`^'�QfMfl1�I1t �11 y, <br /> a c�r,neor. cr.rroor n.r.by wn,orize.L.nd.r so fla fl�ancin��a(�s wa►»rn,a a.tinw in aa urat«rri commKC7a1 coa.)witl,n�p.ct to <br /> �- rn.a�.eMl.,ae.ny wr»,witl+o��t tl,.�ipntlur.a Grn,�or. Gramor wu+,noww.r.a any tim.upon nqu..e a t.oa.�. wa►r�n.no:n0 w+«r,.na. <br /> � Carantor wifi ryallf�l�1�tor t!N fitinp o!wct�fl stabrtt�nt��nd tor th�rM'�I{rp thKaf at ttN tlmq rpui In th�opinbn of L�nd�r.bY <br /> � wd urutorrttpiGxnnwrdal cod.. ff tN.INn of Shi.oi�d of n,se b.wbj.a ta.ny s.a,rlry.0r..m.rst cowrin�tn.chaia+s�th�n ln sn..wnc ot any <br /> dotwlt undK this Qwd of Tnut.aU th�r1pM,tiW ar►d inlltat of Grantor in and!o�ny and�JI of th�ChatO�is is h�nby awlptwd to Lindsr.top�th� <br />` ! wtm aw w.,a6c ot any dapar�n or wrm+.r»rww a hsr.ata:maa.th�r.cs by Gnnmr or a�.pt.a.aaaaa a wcnssors in tttl.o!c�:Rex�tn. - <br />, .� ��� <br /> �- <br /> � 23. REIMIdURSE�AEIIT OF AMOtJ1iTS E�F.MDED BY LENO�R. L�nd�r,at L�nGr's aption�may�xp�nd tund�Qneludinp�tEOrrwys'fMS and fpal <br /> �xp�nwt�)top �r►y act nquirW�o b�takN�by Cxantor or to�x�rGs�any riyM or nrtnciy of L�ntJ�r ur�r thls D�W of Tnut. Upon Wmand, <br /> ' Gt�rHO��F�all knrt�dk�lY rNmbura�landK tor aIl wch arnounb�xp�nd�d by Und�r topNMr with kia:�st tMtwn at fM tow�r of ttw hiQ��t nt� _ <br />� daaiGd i��ny tlon or tfi�hlyM�t ra�allorwd by taw from ttl�dat�of ptym�nt unW th�dat�ot nimburs�m�nt. Th�N wmc rt�aU b� F'`-- <br /> � inciud�d In S!w d�on of ObNpaUons FNr�and ahall b�a�cund by tM b�fic;lal fnt�rat Dr�ntW I�w�►. M tM Obtlyatlorts�n pald�tM <br /> bapklninp ofpu a�a+o�,or nouw a w..at MrNn provfdW�w In tt►�w�nt UnGr ahall�at ib s01�opticn.pKmit Cxantor to WY�Y P��� � <br /> Obliyatbna dtK tf�b�pinntn�of pubucation of noUw o1 sal�,a�h�r�in provld�d,th�n�Grantor sha11 psy on d�mand aJl•xp�n�incurr�d by tM �'_••� <br /> TtupN�nd Uf1d�r in oonMCtion with sald publicatlon,indudlny natonabl�attorrNys'iMS to ttN aftonl�ys tor tt�7tustM�nd tor ths Und�r.and• � <br /> na�onabN/N to tfw TrustN.and thls D�W of Truq shaU 6�s�cwity tu ali wch�xp�nMS�nd 4MS. � <br /> • 24. APPI.lCATION OF PAYMENTS NI paym�nt�mad�by a on b�half of Gtatttor may b�app{i�d�palnst t1►�amount�paidby L�txfH(indudlny _ <br /> itWtfl�y!'iN�ahd bqal�xMfIN�)in oont�Cdon w[th tM�x�rclr of its ri�hb w nrrNdl�s d�tcribW in tltta OMt!Ot T�uit and$»rl to 1M payrMM <br /> of tAs nmalnln�Obtlyations In whabwr ad�r I.�nd�r choo��. <br /> 25. POMIER OF ATTORMIEY. GruKor Mrsby appWnts L�nd�r a�ib attorney-ln-fact to sndorsr C�rantor'�narn�on all Instrum�ntc and ot1»r =.- <br /> doaxrs�ntc pet�!n�.�p to th�Obllpatbns a ONd ot 7rutt In sddWon,Undtt ihall b��ntitNd,but not rpuk�d,10�flOffil NJ/�CUOf1 Of�7(�Ctl�Ny <br /> + docum�nt nyulnd to W takrn or�x�cut�d�by Gnnta und�r th�s D�ad of Trua. l.�nd�r'�p�rformana ot sucA actbn or�x�cuUon of such <br /> � documMb ahail not rNfw�Gr�trom�ny Obli� a cur�any d�faule unda ttil�Owd o!Trost. IW paw�r�of attwn�y d�scribW in tAls Owd o! <br /> j Trwt an ocuP�witl��n int�nst�nd w ktrroca61�� :_ <br /> Y6. StJBR06A71QM OF LEtiOEp. l,�nd�r shall bo wbroflabG to tM riyhts of tt�hotd�r ot�r►y pnvious I;an,a�curity Int�nsl w�ncumbnna <br /> i disd�ary�d witA tutW�lidvar�ad by L�n t 3�r ayar d l�sa o t w h�t h�r t t�li�ru.wGUity I nbrat�or o t t ti w w�a u n b ror►ow P ww W�n r�cW of�oor d. . <br /> ���i io <br /> � � <br /> i 1pPE37tC O Fa�M�onT�cMabpYtilnarn•r�v Moqao,� o.o.aas��_. � <br /> i 1 __ <br />