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i�..:t.,:rtti�;'�71 ��•;�w�y 1"'_..l�iJi�°fic1Y,{`?t�.;:4';•i+��Sc'�:,ir}�v�`'�3;^!•'r',^i�ik4P'r.� ��°�;: ,y,� , ., t:.;rti7'�,,r' ...,,�.. �::
<br /> �.. .,,:`��j� rR�;Si a+MliiaN�;a,�t?�rl� ? �l���j�]Py1.Li�i�'�ifll�'ui( .r7'� � ' `�.tl" • r4.�,��t,wa �
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<br /> , ; ��° e •;,, th�Prop�rty is e0 Wken or d�maped,lende•�hell hove the opuo�,In tls tole a�d abaolute dfacretlon,to apply all euch Procesda, �,��.���_
<br /> • ak�r d�ductlnq th�refrom all cost��nd expentes Incurred by il In connection wlt��uch Procerds,upon eny Indebtsdne»waund _
<br /> .��' ° h�nby and In wch ordor a�L�nd�r m�y datermine,ar to apply all wch P►aceede,after IuCh deductfom,to the restoretion of the r.,. �*�*=°---=_ —
<br /> a'�•�-��' Proputy upon woh eondltlons es Lender mpy delermine.Any appUution of Prxeed�to indobtedness shell not extend or po�tpone �_�,y�.j;�.a-�'—' —
<br /> �� " ,� . tha dus dato ol any paym�nis undar the Note,or curo any dehull Ihoreunder or hereundor.Any unapplied lunds shall bo pald to -
<br /> — .. �;'ti�:;;w:;;, ,�'. . Trustor. �;�'�:--._
<br /> � B. P��lomt�ne�by L�nd�r.Upon the occur�ence of an Event ol Oel�utt hereunder.or if any act ii teken or lepal proceedinp � r�„���_���
<br /> � , . - commenced wMch malorfally alfects Londer's Interest in the Prop�hy, Lende�►may fn Ite own dincre6on,bat wilhout obligedon to do t�..'R =
<br /> :_� ,. . tp.9nd wllhout notice to or demand upon Trustor and without roleatlnp Trustor Irom any obUpation,do any act whfch Truetor hea «•x+��'�;::�;�,"
<br /> -- � ° aproad but lelle to do end m�y alto do any other ect u deems nece�sary to protect Ihe aecurlry hereof.T�uator ahall,Immediately � ''�•
<br /> - " • upon demend thdrefor by Lender,pay to Lender all cosle and expenees mGU�rod and sums expended by Lender�n connection with �;R __.__�_
<br />.: . lhe exerciae by lender ol the lorego�n�rlghts.together wilh Interea t l hereo�at the defau Itrate provided In the Note,which ahaU bn �+%•-�,;,;,�_,_�,-_��_
<br /> edded to thp Indebtednass�eeured hereby. Lender shAll not meur any I�abUrty baca uee ol anythmq d may do or omlt to do ��,,,d,Y
<br /> , horounder. , `c�:�•:.. ?'
<br /> 9. H�:�rdou�M�t�►I�It.Trustor ahell keep tha Property fn comphence wNh all applicable laws,ordmences and regulatlons ������.:�--
<br /> relatfnp to Indusirlal hyg�ene or environmental protecdon�collectrvely ret�+red to here�n as"Envuonmental Laws") Trustor ahall . �"
<br /> � keep iho?rope�ty Iree Irom aU subat�nces deemed to be hazardouso�to����under any E nvironmental Laws(collectwely relerred to : ,;�^r•s�...;;:%:•,..�
<br /> ' hereln as"Hazardous Matenals'1.Trustor hereby warrants and represent9 to l.ender that there are no Hazardous Matenals on or �-'
<br /> � under the Property.Trustor hereby aflraes to�ndemndy and ho�d harmless Lender.�ts dueclors,ofl�cers,employees and agr�nts,and -• _,�., � �Y
<br /> n any eu��oasorls to Lendei s Interest.Irom and againet any and au clairns,damagas.IoaeQS and Ilebiuuea ansmg in cunnectlon wdh Y-..:�,.�,;�+:.�,,;,�
<br /> the presence,use, disposal or transport ol any Hazardoua Materu�ls on under,from ar about Ihe Properry TME FOREdOIN(3 �J���,:_
<br /> � WARRANTIE3 AND REPRESENTATIONS.AND TRU$TOR'S QBLICiA710N3 PURSI�ANT TO THE FURE(301N0INOEMNITY,3HALL ,_;,;.,;��
<br /> SURVIVE RFCONVEYANCE OF TH13 DEED OF TRU3T ' , --
<br /> �• t0. AtNpnm�nt o1 R�nts.Trustor hereby ass�gna to Lendor tne rems.�ssues and prol�ls ol ihe Property:provtded thut Trustor - , ;�__-___.-.
<br /> • ahall,untfl the occurrence ol an Event of Default hereunder,hava the nght�•a collect and reta�n such renls,issues and prulits as they �� ' ,y.-;.�
<br /> � become due and payable Upon the occurrence of an Event ol Delault.l.dnder may.e�ther m person or by agent,with or wfthout ...•,, �~.
<br /> �.•r,+'.�.
<br /> bringing any action or proceedinfl,or by a receiver appointed by ac�url and w�tnout rQgard to tne adequacy of its sacurrty,enter • _ ,_
<br /> � �� upon and teke possession ol the Property,or any parl thereof,m�t8 own name or m the nc�me ol the Trustee,and do any acts wh�ch d �r�; �' � _
<br /> deems necnssar;�or desirabl9 to preserve the value.mark9tebdity orrentab���ty o�thE,+Pro perty,or eny p3rt Ihereot or�ntere8t therei0, t.
<br /> '. +' ;ncreese the inaome therelrom or protect the sacunty horeol and.w�ln o� +v�thout tak�ng possession of the Properry,sue for or ',�„�a
<br /> � otherwise ColleCt the rents,�ssues and Fro1118�hereol, including those past due and vnpaid,and apply the same,less costs and _-"- _
<br /> � expenses o1 operaUOn and collecUan�ncludmg attorneys'lees,upan any r��ehtedr,�s9 3ccurod hareby,all�n such order as Lender •
<br /> , may determ�ne.The eMenng upon and:akmg possassion of tne Proporty,ine couecuo n at suc►►rents,�ssues and prohts and rhe � y � �
<br /> ., epplfcetion thereol as aloresa�d,sha!I nOt cure or wa�ve�ny det:�ult nr npSiGe uf heLiu It hereunder or mvahdate any act done m �� .���.;,- �
<br /> response lo such delault or pursuant to sach nouce ol delauit and.notw�t��st�nding tne condnuance in possessiAn ot Ihe Property or ,;;,�,F �
<br /> � the collection,reCeipt and apF��CaUon of rents,issues or profde, anq TruStue and Lander shall be entltled�o exerc�se every right , . _�
<br /> -- prowtled ior in any ot Itro�va�����SU.,rr,sr�i5:.r by'av:::po•"•�cc::.••e"'-4'n��ny Fvr+nt of D elault.mcludinq K ithout 1�mitation the nght ;__ _ _
<br /> to exarCise the oower ol sale.Further.Lender's r�ghts and remedies u�der t��s paragrap h shall be cumul8trve wdh,and m no way a �'?
<br /> UmitaUon on,lender's�fgMs and rerned�es under any ass�gnment of ieasos:�nd rents recartled agamst ihe Property.Lender,Trustee ,, M1 ��..
<br /> � ` � � and the recerver shall be hable to aCCOUnt only lur those rents�tlualiy rpc���ed �� _
<br /> ' 11. Hvants ot Oelault. The lultowing shal! constdute an flvenl ot OotBU�t under Ihis Deed of Trust- �_
<br /> � (e► Fadure to pay any mstallment of pnncipal or intemst ol:�ny o+her sum sec ured he►eby when dun: '; �
<br /> . (o) A breach o1 or detault under any pr av�sion contnined�nthe Note.lh�s Deed of frust.any o1 the Loan Instruments,or any �
<br /> ;E„+-.
<br /> other lie�or encumbranCO upon the P�operty: .-
<br /> . (C) A wnt ot BxecuUOn or attachmenl ur a��y sunda� process sn.�P bn entered agamst Trustor which Shall become d Iien on �� , � ' s
<br /> � the Propertv or any po�tiOtl IhBrBOt Or intBreSt Ihcfre�n.
<br /> � . (d) There shall be fded bv or against Trustor or Borrower�+��achon under any presen�o► luturQ I�deral,stale or other ` �`ti'�'��.
<br /> statule,law or regulation�olaUng to bankrupt�y �n�olvency O�other r�l�a1 Wr debtors;or ihere shall be appointed any trustee. , _ ..#___,. -
<br /> .:•:�,.;�' - recel+er or I�quidator af Truator or Bonowdr ur ol a11 or any pari u�tho P+nperty.o•tl"ie renls.�ssoes or prohts thereol,or Trustor '' °,
<br /> ijz..:_
<br /> ,��;,•�.. . or BorrOwer shall make Any gEineral essignm�nt lor the benehl o�crod�tors; `'� � �r�'.�__,
<br /> ' �'�: (e) The sale,Iranaler, iease,assignmem, convey�nce or lurther e�c.�mbrance ot all or any part ol or any mterest m the �_j:;= _.
<br /> � Property,edher volunlanly o� involuntanly. wdhout the express Nn!ten co�sant cl Lender. provided that Trustor shell be i " '�v-„�-
<br /> ,�1: .,� perm�tted to ex8C4te a lease of the Property that doe°not ronta�n an uptwn ro purchese and Ihe term ol which does not exCeed t �°--.R:;:
<br /> i _��
<br /> ' , one year: I.. "�-.�w
<br /> p) Abandonment of the Prope�ty.or � "��•
<br /> �g) N Trustor is not an�ntl�vidua�.Ihe issuance.sale,transle� ass�gnment.carneyance or encumbrance ot more Ihan a total ��� ���;LL=-_
<br /> f �..'aJC:="'
<br /> ,.?;�_
<br /> �1-.--_---Percent ol�if a corporaUOn��ts�ssued and outstanC.l�ng Stoch or UI a partnorsh�pl a lolal ol percent of = -
<br /> partnership fnterests durmg Ihe penod th�s Deed u�Trust rema��s a��an o�Iho Pr operty ��R"��=--
<br /> 4"!:�
<br /> 12. R�m�dl��;ACCel�retlon Upon Delault.In the evant ol any Evant at petault Lender may,w�lhout notice except as reqwred by . .t��'
<br /> • law.deClare all indebteAness seCUred hereby lo be due and poyablt�and the same 5ha11 Ihereupon become due end peyable
<br /> �, without any presentmPnt,demand, protest ur noUCe of any kmd Th�reatt9r Lenda�m&y.
<br /> (a) Demand thet Trustee exercise the PQWER OF SALE �ren!ed here�n_and Trustt3e shall therea(ter cause Trustor's ,
<br /> ' *" mterest�n the Property tc be sold and the proceeds to bed�stnbut�d.ail�n the manner prov�ded in the�Jeb►aska Trust Deeds
<br /> p ACt;
<br /> (b) Exerc�se any and a:i r�ghts prowded fur �n any o�tne Loan i�struments��r by law upon ocCUrrence cf ary Event of
<br /> •� Oefawt;and
<br /> (c) Commence an uct��n to toreciose tn�s Deod ot Trust as a irn,t�d9B.appwnt a���ce�ver,or specd�cally enforce any o!the
<br /> covenants hereol
<br /> � No remedy herein conlerred upon or resE+rved to Trustee or Lender ����!ended to be exclus�ve ot a�y other remedy herein,m Iha ,
<br /> Loan InslrumeMS or by law prov�ded or p�rm�tled.hut each�r;e��p��••',�"�il.itrvc Sh;au be m add�tion Ic every other remedy grven
<br /> • hereuntler,in lhe Loan Instrurnents oi nuw•�r hen�.tllei��aist�rg;,��iw u• •�e�qu�tq ur ry s�,dute.�+�,0 m�y be exercised conCUrr�Mly.
<br /> ,•., �ndepRndently or success�ve�y
<br /> 13- T�WIN.The Trustee m3y res�gn at nny tunc� �dhOUl .,d-5e• .t'��7 Lrnd2r md y:1t dny Tv.�� �nd wdho�t cau�e appo�nt 8
<br /> successor or substdute Trustee Trustee�ha��not be i�ab�e to.iny pa�ty ,r,rlud:ng wd"outhmdal�on Lend�r.Dorr��W2-,'rustor or eny
<br /> purchaser ol the Property,lor any loss or damaye unless due tu�ec+'�°??or�n�utui n��sConduC�.antl shall not be�equ�red to take aay
<br /> action m conneCtion with the e���orcemem al Ih�s Dued ol Trus�un��ss ���demndied.�n wr�tmg,tor,ill costs. compe�setion or
<br /> ..o�aoa�.,r,�rn mav hw.assoaated therewdh In add�Uun.Triigtrpmay b�:���me a purC h3ser at any sale ot the Property�ud�aal or
<br /> under the power ot 581@ g�0nted��erQ�n►,pOStpone the sai�uf an�.r am�porli0n 0�ttie ProDerty.a5 prowaed oy��iw. v� saii ii�a
<br /> Property as a whole.o��n separete parceis or iots a�t Tr�ytve 5 d�sc ret�on
<br /> 14. F�t and Exp�ns��.In Ihe eveM Trustee se�l9 the P�operly by exe�ase ot power ul sale T�ustet�shail be ent�tled to app�y
<br /> etly Sele proceeds hrsl to payment Ot au Costs ano expenses ol a�erCi��ng power o�sa�r.�n�luding:��1 Truste�'S�ees,and L ender's
<br /> and TruStee'S BttOrney's fCes.8ctually incurred to��xtent permiltedby appiitablc��,�w �n Ihr�vent E�urrqW�r ur TruStor exerCiSB3 dny
<br /> rfght prowded by law to cure an Event o10e1ault. �ender sn�n beenubad to�ecuve���o�n frusto�ai�costs and e�penses actually
<br /> fncurred as e resull ol Trustor's defeult. �ncluding without I�mitahon,iu Trustee�s.+nd attorney s�ees.to the extent perm�tled by
<br /> appllcab�e�aw
<br /> 15. Fulur�AdvanCQS.Upon requesl 01 Borrower.Lender may.at�t3 opt�On.m3 kr.tdd���on.tl .,nd �ulure advances�nd�e-
<br /> advances to Borrower Such advences and readvarces.w�th int@re4t �rl'�EJn sh+��bN secu�ed by�►+�s Deed u1 Trust At no time shall
<br /> the pnnnpal amount of the mdebtedness secured by th�s Oeed o�Tr�•�t.n��t�nclud�ng sums.idvanced to protecl the secunty o1 th�g
<br /> Deed of Trust.exCeed the Onginal pnncipal emount stale0 ne�e��� vr 5 72�000•W .wh�cheve��S gre8ter
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