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<br /> :'�'���'..� � 22 9ECUN1IY INT[HHST UNDER 7iiE UWIPONM COIJIAAERCIAL COOE. Thle Deed af Trust shall k�e cona!dered endba etfective ns e Mencin
<br /> ,� r � • etatotnent and a fixtura filing pur�uant to th�provlslona ot tho UNtorm Corrcrierdal Codo(as adoptad In thn steto whoro�ho roal prnperty Is locat�
<br /> . covsrinp tixiuros,chattola,nnd ariiclos ot poreon�l proporty now ownod or horesRe►attachad to or to bo usod In conroction wi�hiho Propnrty togolhor wtYn
<br /> � uny and nll repinccments thnrGOt and add�llono thcroto(iho'Ctialtcls"),nnd Qrnnton c�rob�pranis Lond�r a cccurlty Intorost I�aucY�Chnttola. "tho d:btor la
<br /> ' tho Orcntor d��cr{bod obovo. 7his Dc�d of Trust erlH h�oflcctivo ao n(!n.^.nclnq cintcm�nt fllcd ac n iixluro(illnp ti•rith roop°ct lo nll fixturon Includ�d wlthln
<br /> ' sad pramleas and Is to bo�lad lor record In the ronl ostnto rocords of onch county whora eny pan of aaid prortVsoc(Induding r�d liz�uro�)I�cituatnd. Thla
<br /> ';��_ peed ot 7rust sYail aiso be effecilvo no a tlnancing statamant covodng eny ott!ur promiccs and may bo tllod In any othor approprinta flllnfl or ramrding `
<br /> ot(Ice. A calbon,photographlo or other roproductlon of thls Deod ol Trust or o1 any Ilnencfng statemonl ralating to ihls pflad of Trust shall be sui0cleni aa a .,
<br /> �• fi�andnp statament tor any a1 ihe purposes referred to In thls Peragra�h. Ttie eacurod pany Is tha Lond�r deccribed atrove. U►nn domand,Qrantor ahail �_
<br /> �•.:�e.�;� ntako,execute and dolivor such seeurlty agraomonta (ae eueh torm la dofinod In aa)d Unllorm Commordal Coda)as Landor m eny timo rr�ay dnem
<br /> _:'�:,,....
<br />-_.��,.,., necessaiy ar W a��or rcqulmd to grtsnt to l.ondm e�nrfer.ted securiry Interent In the Chsttele,end upon Gra�tor'e falluro to do so,Londar la r�uthorized to ��
<br /> 4� Comm yrcl Ged�j�Hhnrc.^.�nct toghet Chnttele Qot aG�S�Imehwf F�out tho�slgnatu8roorCiran or.nCiramor wlll�,howovor,t anLyelimo uponn�quoet iol Lordor� �`
<br />` ''" � Y + �"--�- t�;:s�st:. Cr��t^!w!!!�!y aA��fn��tnas tnr the Ninu of such tinancing statamanto end lor tha reliUny tiinraol al ihe tlrr�s rcgulrod,In __
<br />- oiypi ouie�uno..�L _.
<br /> -��--�4�.� the opinlon of Lender,by sald Unftortn Commerclal Code. If the Ilen of ihTe Deed of Trust be sub}ect ta any secunry egreemotaoovaring in9 Gi�ena�e,iP�n�� r
<br /> � In tho event of ariy defauit under lhls Oeed at TNSt,all tho rlyht,lHle end Interest of Qrantor In t�nd to eny end all of tho Chattele Is heroby asslpnod to
<br /> � Lender,togather wflh ihe benefit of any deposlta or Ssaymento now or heroa(tor rr�de ihnroof by Qrentor or the prodacoswrs or succossors In tltlo of _
<br /> �-��` `=�';' Orentor In the Property. -
<br />` •,r� _
<br /> `�` 29. HEIMBURSEMENT OF AMOUNT9 EXPENDED OY LENDER. Lend9r,at Londer's optlon,may axpond funds pndudng anomeys'fees end legal _
<br /> "�:��'`i���� expensea)to periairn eny aet requlrod ta ho teken by Cirentor or to exordse any rlght or remady of Lendar under this Deed of TNSi. Upon demand,Qranior =
<br />',,!�..,:}..,� '��; ahell Immediet�ly rehntwrse Lender for atl such amounis expended by Lendor to�ether wltN Intar��t thorcon at tho lowcr of tho h�Qhest rato descdbed In uny �_
<br /> ,�. Ob!lgsticn or the hlphest►s�te allowed by law from ihe data o}payment until iho date of rolmbursen�ent. Those sums shall be Included in the dellnitlon of
<br />�-��'��n7:'a_•^ pblipatlons hereln and chall be eecured by the bene(icial Interesl grantod horeln. It the Ubligatfons arepaid afier ihe beyiuting�t publlcatlon at notica of
<br />,°,�,�:��,. sale,as hereln provlded,or In iho evant Lender shall at Ite sole optlon,permit Qrentor to ptsy any part of tho Obllgatlons after the bsglnning of publlcntlon of
<br /> �r:�I"�,".�,�'' notico of sale,es hereln proulded,then,�ramor she�l pay on demand all expnnses Incurrad by iho Trustoo and Lender In comectlon wllh seJd puWlcatlon,
<br />`,.`5.,..;;:.,� ' Including raaconabie attornoys'tees to the attomeys tor the Trustee end lor tho lender,and a reason�le(eo to iha Tmstee,and thls Deed of Trust shall be _
<br /> -�, i�
<br /> securiry for ell euch expensos ond(ues.
<br /> .--w��,Y��. TA. APPUCA770N OF PAYME[�lTS. The Trustc�e shali aody tha procceds of tho trusteo's sale flrst,to ihe costs and exponsee of exerdsing the power oi
<br /> salo and o11h�trlo,tncluding thep�yment af ihe Trustes's toes actually Incurrod not to exceed t�e emount whieh may be provlded lor in:he Dued of Trust,
<br /> -��';���� second,to payrt�t of ihe o6ligatton socured by the Deed of Trust,thfrd,to tho payment ot Junlor dc;eds nf irust,morigagoa or othee Ilenholdera,and tha �
<br /> �=;qc�r,.�, baiance,ff eny,ta the parFOn or porsona legally emitled thereto.
<br /> ��i �:.
<br />,.,.�� � ��� 2b. POWEH OF AITORNEY. Qrantor heroby eppointe Londer as Iis atlomoy-In•facl to ondoree tiramor's name on all Instrumerne snd other dacurtwnts
<br /> peqelning to the Obllgations or Deed of Truct. In additlon, Lender shall loo entfl�od,6ut not royufred,toper(orm eny ectlon or axecuto eny documont
<br />�%�!� requIrod to be taken or exeaned by Qranta under thle Deed of Truat. Lsnder'spe rtortrenco of such actlon or exeeutlon ol such documents shall not
<br /> •�;;.��`��� relleve Ciramor(rom any Obllgation or curo eny dofault under ihls Oeed of Trust. AI(pawers of attomoy described in this Doedof Trust are a�upied with en
<br /> "t`'''�`'`-- Imereat end aro Irtevocable.
<br /> � 2E. SUBROGA710N OF LENDER. Londer shall be subragated to th9 dghis of ihe holder of any prevloue Ilen, s,eeuriry Imeresl or encumbrence
<br /> -_--�_:;;��„ dlschargad with(unde aduanced by Lender regardlesa ot whether these Ilens,secudry intereate or other en�wmbrances have t�een releseed of record.
<br /> �" 27. COLLEC110N COSTB. To the extent parrt�itted b�law,(irantor egreea to pay Lender's reasona6le fees and costs,Induding,but not Ilmited to,fees
<br /> = a�nd coalo of attomoye and mher agems pnduding w thout IlrNtatlon paralepals,derks end conspu�ttents),whether or not wch attomey orap�nt Is an
<br /> = cui{IS brou�pht�indu�n9!but n 1 Iimiled toall fe�aind�IIst�Iina�Red on uappe�In benlwpt�end�orlpost j�dg n wrllectUxea�ctloia Nsl,whethe�•or not
<br /> � ' Z9. PAFIl1AL RELEABE. Lender rray relezse its imerest In apo nion of the Property by execuling end recording one or more Perttal Do�ids of
<br /> — RErcomayanoa w8houl affecting Ita Interest in the remelning portlon of the Property. Nothing hereln shall be deen�to oWk�ale Lendor to reiease eny of Ita
<br /> Intereet In ihe Properry(oxeept es requfrad under Pera 38 or ae may be otherwtise requlrad by law),nor shap Lenderbe obligated to release any part
<br /> tha portton of tha�o�pertysas d�eflnend Inthe D�eed oe f TTru�hat Is not�ihe subject af this or�eny Pearalla�l p�eed ot Re�mnvoynn��n In eNect wltfi retpecl to
<br /> 2p, MODIPICATION AND 1kAlVER. 11�e modiflcatlon or walver of any ot Qrantor'e Obllgatlons or Lender's ei�ts underlhia Dood of Truat must be
<br /> curidned In a wrNing elgned by Lenrla►• Lende rtny pertorm eny of Borrowar's or Grentor's ObUf}atl�na,delay or fef!to exetdse any of Its dgMo or�spt
<br /> payrtrnts hom(irenta or anyorN mher ihen Qrema wflhout causing a walver of those Obllgatlona or tiahta. A wahrer on oneoccac1011 6hAlf f10100I1SlHuie
<br /> a yvah+ar on any other occaslon• Cira�►tofe Obl!gationa under thls Oeed of Trust shdl not be eNected Itl.endar emendn,cotryratrisea exchae�ei,fail�to
<br /> axe�ase,Impalrs a releases eny ot the Obligatlons balonging to eny arantor,Bortower w thlydpruty a eny ot itsrIphts aga��tt eny C�rerrior �arower or
<br /> third party or any of tho Proporty. Lender'a talluro to Inslat upon atrlct perfomience of eny of the Obllgatbns shell notbe deem�d awaiver enc�Lender ahall
<br /> have Ihe dght at eny timo lhereaftor to insist upa�strict pertomianco.
<br /> xl. 8UBSTITUTE TRUSTEB;TRUSTEE UABIUTY;COIAPENSA710N. In case o}the death,inat�llity,relusat to act a absence of the Truslee hom the
<br /> stat�where the real i�located or In caas the hokb►of the OWIgatio�a shall desire fw any roason to remove tha Tnestee or eny nubstitute trustee as
<br /> tru:t�s hereur►dsr A�yeppoint e new trustee In hl�pace end stead,the hdder of the Odigatlona Is hereby ganted full power to eppotM In writlnp a�
<br /> wiutitute trust�s tor cald Truatos,end tAe wbstriu�s trustee shall,when eaaolnted,b000me succeasor to dl dphts ol Trustee haraundor and tha sstr�a shall
<br /> bsoortk vest�d In him lor the purpozas end objacts of thls Deed of Trust wl{h ell tha p�o ersdnles end obllgatlons herein oonlerted on the Troatoe. Truatea
<br /> shail nol be Ilahle ta eny ertor ot ludament or ect done by Trusteo,or be otherwl ponside or eccountable und�r arry elreumstances vrhatsoever.
<br /> Truatas ahall not bo psrsonel�Y�Iebk fn caee of entry byr It or enyone ecttng by virtue of the powero herelnp�anted it upon Iha Deed of Trust fa dobts
<br /> contrae1ed or Ilabllity or dert�aaea Incurted In lhs managsrr�ent or operatbn of eaid premlaes. Trustsa shall haw the�i�t to rel on any Inatrummt,
<br /> dowmsnt a sipruiture authorizing or suppor8ng eny ectlon teken apropos�d to be taken ty fl herounder or lwlleved byli h poo�talth to begonuine.
<br /> Trustee ahal!be emttled to relmbunsrrrm ror a nws(ncurred by It ln the peAomience of its dutiea hereunder end to reasaiable c�rtpansatlon tor such
<br /> `� -- cn�ve a�hd hoida noreh�esa ran and egeU�ia�any end�all Io4 Il�iom t�,�to.t��ena e%�791i4N tw m�blroJvNlfi�.iii�d t�r�ih F.f-,tt��'ne Yof Hs��=�d
<br /> AII RID(I�yD fA0lIYOGI�TN61B0 6I18II,until used or appllad as herelnprovided,be held In truet fa thepurpcsee tor wh!ch thoywere recelved,but nead not
<br /> = be sepregnted In any manner trom eny olher moneye(ex�pt to tf�e extem requlrod by law)end Trustoe chell bo under nu Iladlity for Interest on eny
<br /> _� monuya raoelved by It hereunder.
<br /> - 31. �UCCESSORS IWD ASSNiN3. Thta Doed of Trust shail bo Wnding upon and Inure to the baneflt of arantor and Lender and thelr respective
<br /> - suaeaaore,asslgns,trusteee,recelvers,edminlatratore,peraonal ropresgrrtetives,legatees end devisees.
<br /> ����
<br /> - - 9;L NOTICF_J.Except as otherwise requlred by law,any notice or other communlcation to bo provided under thla DeAd ot TNSt ahell be In writing end sent
<br /> °�� to tho per0as al the ackkesaes desaihod In this Deod ot Trust or such other addreas as the parties rtra deal�nato In writinp from ttme to time. Any such
<br /> ��� notics so glven end semby firot clasa meJl,pos;age prepwid,shall bo deemod given iho oarller of three r3)days after sud�notice Is sent or when received
<br /> _=-- �=s_,�ri by the pereon to whom such notloe Is befng given.
<br /> ��vCri:Y4�;
<br /> ;`y.,�,''�:��}� S3, SE�Y��i oTM f th s Deoa opf'�fru t�vlolacs�e I�nw�or I uneMo�t►ae he re�tl o�f thet Oe�edt o�f 7rust shaf�nttin�ut�s t b�ovva�lid and enfar�i�e ctute
<br />' --:;'.�,'x�'�:aF�'i�
<br /> 't�i�:F�
<br /> �1, APPUCABLE LAW. This Deed ot Trust ehall be povomod by the lawe of tho state wherd the real proporty ia located. Unluss epplicablo law provldes
<br /> ='�-�os' ,Y�" othorwise,Cirenta eonssnts to tho Jurir,�ction end vonue of any court s3lected by Londor,In I�s sole discretlaL located In ihal stalo.
<br /> �r.3rr�.
<br /> � 36. MISCELLANE0U3. aramor end Lender agreo ihat time la of the essence. Qrantor waNes presentmont,demand br payrt�sm,notica of diehonor and
<br /> -�"'a__...�;`^�;S'.;_, otesl oxcc t as re Ired by Iaw. All roferences to Grantor In this Dt�ed ot Trust shall Indudo ellpersons slg+iing below. If lhere Is more than one Qrantor,
<br /> -- - �• � ��..,..,w�..e,�.,..►,e�b w��o��voral This Dand of Trust rnnresents the oomfaleto integretod underetanding betwoen Qrar►ior end Lender partaining to
<br /> -� .��.�..�..,�....___.� _..-•----- - •
<br /> :=-�P'F'F'�''= � tho tomra end conditlons heraof.
<br /> ,.Y�� �•1•a� 9E. NO THIRD PARTY RiQHTB. Nu porson Is or shall he a third party benoficlary of enyprovision o}this Deod of Trust.All provlslons of thls Deod ot
<br /> ��" �� Trust In favor of Lunder ere Intended sololy for tho bonefit ot Landor,end no thlyd pany shelf ha entilled to assuma or oxpcd lf�at Lr�nder will not wdve ar
<br /> - 'i�?�a� coneent to the moditicatlon of[iny provislon of ihls Doed ot Ttust,in Londors solo disaotlon.
<br /> :�r.
<br /> '' �• �� � 37. PRESERVATION OF UA�IUTY AND PA�dRITY. Withaut effacling iho Ilablllty of BoROwor,Orantor,or any guarantorof tho Obllgatlons,or any othor
<br /> .� �t', person(exr.ept a poraon oxprossly rdleasad in wdting)for tho payrrbnt endpertomanco of ihe Obligatione,and wi�hout atfxting iho dghts of Londor with
<br /> ,.v rospect to any Proporry not oxpressly reloased In writ(ng,and wlthout ImRaldng In eny wny tho prlorlry of thls Deed of Trust ovor tho Interest of eny person
<br /> ,'� acquIred or 8rst evldencod by rocording subsequent to tho rocording ot thls Deod of Trust,Londer may,olthor boforo or aftorlho matudty of the Obllgatlons,
<br /> �' and without notice or consont:roleaso nny porson Ilablo torpayr►pnt or performineo of nIi or nny part of tho t�lignllona;rn�ka enya�aement altering the
<br /> � tortns of pa�rmont orporformanco of ell or any pNt ot tho Obllgatlons;oxarclse or rofroln from oxareising or wnlvo any eight a ornedy ihat Londer may havo
<br /> ,. ' .y ., under the Deed of Trust;axopt additlonal cocurity of eny Wnd tor eny ot the Obligatlons;or rolonso or otherwise doal wf�h t�n9 rQal or person�l praportv
<br /> '��,. ;,,� , s e c u d n g i h e O b l i g n t i o n a. M y p e r s o n a c q u l d n g o r r e c o r d i ng o v i d e n c e o f o ny I n torost ot en y naturo In tho Pro p ort y chufl bo deomod,by acqulring sucfi
<br /> Interest or recording eny evidonco thereot,to have consontod to all or eny 6u c h actlons by Lendor.
<br /> �� � �- , N .K . �( /1�� �
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<br /> NEOOTD Hev.11�84 Papead8_
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