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<br /> TO pRQ . ►c'�fiE���it�.'c�i F- �vc�.fi�-- - --- -- - __
<br /> t.lAYI�F!OFlAINCIlAt AlniNFTH1�5T.4tusta shail p�omplhl P�I►pt+an�fw tM phncip+�ot�ne ima�N on tM x+d�bNdnws a�id�ad e!t
<br /> 1hr Nolr.�nd afl ottw ctwpn as�d tees aa prw�d in the Nat�.and tM princpat ot and urtRest on�y Futur�Advancas sawad b�!Mis�aat OMa. •
<br /> 2 wAl�lAtiTY OF TRLE.Trustot i�qwtully saiz�Q ar�dCa��ot good and iqdifesl+bN titlt and atate tc the PropMry INaOy oonvy�d�nd
<br /> h�!tlN�t 1a Qant and conwY th�PropNty:tM PtapKty is kN and ctear of a11 liens and enwmR�tes eYeeM liK+a�ow M t�card:anbTru�fos will .
<br /> < �rrant aM dM�t�d tfN titlt to tna PrapKry agairtss�I1 cltims ano Wmands. ' _- �
<br /> �9.IiAMQ@1AMCEAND lAN�.YrustorshallkaeV thsPropertYin goo�re�pair and caditionBnA at�Inot oomenitwat�apwnMt
<br /> ' inq�irm�nt a d�t�riaatlon of tRs Propah ana sAa11 oomply vr'th the D�ovir.ions ot any leass it this Trust Oe�d is on a tsasetwld.NG impowm�nt noMe
<br /> . a lNrMfNt�netrd upa�tRe Rtlperly sAall bs aitere0.removeC or demdished+Kithaut Ns puo►writtert tansent ot 8enafieiarfl.Tnuw�shaN compiy ri@t
<br /> dl I�ws,ardriu�on.r�gA+t�a+s•�an1f.ea�dit�ans and rrstrictions at►ecting the Proparry an�not eommN,aufl�at pern�t any act ta b�dor�in ar
<br /> upon tfr Prapaty in viot�ban af ary lar.adina�cl.nqutation,covenat►G car�itia�t�t rasorittion.7rustor shaR compi�ts ar raston proenptyt aa�d in good
<br /> . MabmnNlt�mrNnr�y/i�rwansMOr:thsRap�riywh+chmayDad�cn�gsOa�StroyedaedPay.wheneus a�Ict�fmsfarlabarp�tormWanOm�rl�it. .
<br /> IYrrrNNO tMrato►�nd fa any�aes 1NKeot- .
<br />,- 4.�URAlICE.Trusta.at as sxpenss,wd1 m�intain witA insurorsapp�oved�Y Bet�efiCary.insuru�ce with rsspsct w ths improwrtMnts ane paraanal `
<br />_ - A�y.�t�Urgt�tprpperty,a�ir�tta6bltfrs.�ghtrwKJ tornado.andotlietPeritSandfar�rdsowecsDbltgi'Watds�bWcowraps�.
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<br /> in an anwuM�qual to at Inst on�hw�QreO percent(10046)of the tull repiace+nent value tharsot and inwrancs a�sueh ath�r hurds at�0 in sueh
<br />°�� as i1 cuftanari t�rted bf►awn�s a�d op�aton ot s+mitar praperties ar as Benel�Jary a!f raqu re tar its protecG�►-Trusta Wilt w�i1h ,
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<br />--.' �p�nQtgein�rtisafH�r�ciarYmayhomtirtt�tot�msrequesrto►theprotectionE�i�r.iur�.icaatttraiatsres�olihas�tli'.CC3_�fin_Allin�,ranee---- -- -- --
<br /> `� pptieka rttalntained pursuir+s ro ttas Trtnt O�ed shap eams Ttusta ana Benefxiary as insured.as their respective inter�ts may appear.anA ptovids that '
<br />- tliwsbsroancNnioi►amo6ficMionwithaa at knt/5 days P�wriuen rtatificatian to'Tiusieeand8sne6ciarymaYPtoa+rdSUd+irrs�uarKSinaaarQ�nos
<br />'€:= - wilh th�P�o�bions a Pan9rapt�B hereof.j�usoor stwll del'rver to Beneficiary me original pofiaes af irtsurance and renewats tAereof a memo oopiea of _-_-
<br />_ sueh policia an0 renewals thereof.F�ilure�fumish suc�inwrmce b7 f Truslor.a renewak�r�i�!hereunderchatl.at the apaen-�BeneficiyY. �:;-�
<br />- can�tilubAdel�uR. � °�`,-
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<br /> 5.TA7��A�1i'S�tOq1�11I�Ti�SOrst�ft�ByaNt�caa.as�essme+►bandelherch�r9es�inctudin9.witftoutlimila0an.finesandimpo96ons a�=�__
<br /> alOributabl�totMlPrapntyand6ea.ataldpzyment►a�ourcdrents.ifanY.betorothesamabecomedelinquentTrustashallpmmptryiumishtobeneficiary �tr' _��_�;
<br /> ; 's- ppr�c�sofamauntsdueurts��nsparagraph,andintheeve�tTrus�atshaflmakepaymerttdirectly.Trusta5�allprompttytumisfito8ene�ciaryreceipts t ��� -
<br /> _ a3t es and auessr»enta whieh m be tevied upon Bansficiuy's intareu t�eraln a upon tt1i�7rust Deed ' t ._�.�F.�`';�`�_:-
<br /> � evfdencfrg su�ch PaYments�Twstor shalt pay tax aY . _,..
<br /> �. � without regard to any Iaw tfiat may be enacted imposing payment of the whde or any paA mereot upan the Benet'iciary. �"s.,::-=�
<br /> B.�pp�TlpNAy,�(p�g AAD PAOTECTION OF BEMEF(CIANY'S SECURITY.Trusta sha11 make at1 payments ot interast and Arincipal artd payments :.�:�'�-
<br /> � u}any att�r qtarges.fees enQ expenses contractea to be pai0 to any existing or subsequent lienhofder.oi beneficlary,under arty euisting a sabsequent - �:r?��;
<br /> 1 -�. _
<br /> � - ;,`. rtwRags p►irust deed 6etore the date they are detinquent or in defauB,and promptly pay and diseharge any and all other liens.daims a chu�es wliicA ._�T_�_�,-•,
<br /> may j�opardire fhs secur(ry granted�erein.(t Trustor taits to make any such payrment ar faits to perfarm arry of tfie covenants and a�eemertts co�tains6 : ��
<br /> In thb Trpst thied,a itle Note reterred to herein:ar in arry prior a subseqnent ue�st deed,a if any aCtion or proceeding is commeneed wh�R material�Y � ��=�
<br /> •,sa�.��-
<br /> � ptt�cls BeraeS:.'arY�s interest in the Properry,rrtctuding,but not limite0 to,err�re:.tQomain ptoceedmgs,prooeedis�ga invohring a deceden4 aatrce of sale. .,,a,
<br /> � byTnataenoYresofdefauRt�tTrustee.matgageforecbsureaction.atitTr��z�toPaYT�usta's0eblsgen�athlas�heY6ecomedue.thrnBa�eficia[y. : -�,�:- .
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<br /> • " at8w�eflcid�ylsoptlanandrRthoutnoUCetoordemanduponTrustaandwithoutraieasin9Tcustarfromar►yohlig�ia�hareun00�.maSt�es�aPP�� - .
<br />� - � dilCues suCh aums and tak�suCtf ection as 1s necessary to O�vteU Beneficisy's interast.inCfu�ing,bul nd limited to�Qisbutsemertt at reasanabte it00meY�s _ �� ;
<br /> � fsss,p�yment.purChase,wci'3st or compromise of any enc4�nbrance,charge or Uen,entrg r:�n the Property to make cepa:is..ar dae�azation of defAUtt .. �� ,t�
<br /> � �� �'w�`���= ` undsr 1hiaTrust Deed.fn tt�e evant that Trustor shalt fail to procure insurance or to pay taxes.assessments,or any other chazges or to make any paymenis , � �•, ••
<br /> ����'•���` to any existing a subsequent fienhotders or existing or subsequent beneficfaries,Beneficiary may procuro such insurance and make such payment,bui �� '- z�'
<br /> .��•..:-.- . '•��
<br /> . �;�` ahail not bs obtigate0 to do so.Anyr amounts Qisbursed by Benehciary pursuarri to this Paragraph 6 shall hecome aQditianal indebtedness ot 7nistw secured ,
<br /> . .sc,.=s�-i�,,•�• Dy thia Trust Deed.Such amounts shall be payable upon natice from 8enehciary to Trustor requesting payment thereof,and shalt bear Irrterest from the .,, ,
<br /> ; Cate of diabursement at the rate payabte t�om time to Gme an��:standing principa►under the Note unless payment of inrorest at sash rate woulG be conUary „ -�_•'
<br /> ^ E., ,tpapplicablefaw.inwhicheventsuchamauntsshatlbearinterestatthehighestratepermissi6leu�derapplicablelaw.Nothirtgc��ainedinthlsParagraph _ -
<br /> 8 sha0 requlte Beneticiary to incur any expensa or take any'ap�on hereunder. '' • - _�_
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<br /> ;�,,,_ v:; ,,;�_:; 7.ASSfGlf�ENTOFBENTS.BenehC:as,5'�allhavethenghi,power8ndau'.hohrydurmgthecontinuaneec':h�sTrustDeedtoeolteprr.e�ts,issues _ - - T
<br /> �•:�:;:-v�y!�:r,:<< . ' and profits W ths PrapeAy an0 ot any pers--a1 property Iocat e d t hereon wi:h��wrt h ou t Y a km g p o s:e s a a n c��e p ro p e rt y a tt e c t e d h e r e G y,S n d T r u s m r : ����°
<br /> •=.,S,�c..,• _ . - . .
<br /> _. xF = ��{•�_ hereby sbeofutely enC uncar.A!twnatly assigns all such rents,issues and protcs to Benef�ciary. Benetic:ary.�+3wever,hereby wnsents to the TrustoPs _ ;;�'
<br /> tpllecdon and retention of s::e`�rems,issue9 antl profrts as ihey aecrue anC Deeome payable go long as Trustor is not,at such tlme,in default wrth respect :;�-�,_,
<br /> . r, fo payment o}any indebteGness secured hereby,or m the pe~"crmance ot eny agreement hereunder.Upon any such de}ault.P,��eflCiary may at any Ume. ; ,;,s:�-=-
<br /> w�.•"'' elther in person.by agenL or by a receivar�o be appomtetl by a court,w�tnout nouce and without regard to the adequacy of a:ry security for the indebtedness _ ,�; .;p;�;�
<br /> �'` . hsreCysecured.(a)enter upon end taks possession ol the Property ar any�pa't tnereof,and in its own nama sue for or otherwise coltect such rents,iswes �:�._fc�.;,' ;s�_�:-
<br /> 1`'�{��� I thesar.^.e.�essc65rsandexpense9otoperationandcollection.InCluAingreasonabteattarnpy's �:�� >�!�=
<br /> ��z: andprofits,including those past due and unpa�d,andapp y
<br /> - (ess��pon any inAebtedness seCured hereby,and�n such arae�as 8e*se`�c�ary may Qetermme:(b)pedorm SuCh aCts of repair o►OroteCtion as may be �'�;''�''��'=3`-`�'
<br /> ���,�* �_•, necestary a proper to conserve the vatue ot the Property:t�i'�e tt+e same or any parl thereoi t0►suCh r9ntat.tertn,ana cpon sucfi cond+tlons es its • � �-�-�-',�-R=
<br /> �'�x__ -
<br /> " �_-,. y� , judpm�nt may dictate,orterminate ar adlust the t9rms andscr�>ron�of exislmg teases.Untess Trostor and Beneficiary there:f agreeotherwlsem wtitln9. T,,f
<br /> ' '�-�; -".,.�'-�� eny applie���ot rents,issues ot protds to any indeb[edr.��seCUrpa n��eyy shall not eMtenO or postpone the due date cF t`�instatlmem payments as
<br /> ' '.�y t.; : • {: pravided in sa4 promissory note or change the amoun!ol such�nstaucre�r3 The entering upon and IAking aoSSeSS�Cn of tfre P►operty.the cotteCtion �� .-��=•.
<br /> � ���-y ' of aucA renis.sssue9 and pro6ts,and the appiication Iher¢ot as a�oresaiQ.S�a;�not wa�ve or cure any defau:f�ot�ce of default hereunder c.�mvaliddte , . �;,
<br /> . _. _.. . . any act done pwsuam to sucri not�ce Trostor also assigns to 9enel�c�acy.as turther secur�ty tor the pertor»�aice of the obligations secure0 hereby,alt � . ���'�"�
<br /> ':;,,;�,r ., prepaid ronls and all monr�s vA�ich may have been or may fierealter be deposd�d vnlh sa�Q lrustor by any tessee ot ths PEaper2y,to secure the payment -
<br /> �'�;''= of any rent a damages.or�,c�Aetaull m Ihe perfo�manee cf any o11he p�ovis�ons hereot,Tr,,;°�r agrees to Cehver such re^ts u�tl deposits to Beneficiary. � ,
<br /> -��<��•: � , Oelivery ot written noUCe Ot BenehC�ary's ezarcise ot the nghts yranted herein,to any tonar.t occupying sa��oremises sn�•t��suHicient to require s3�C i ,
<br /> - --;��- .' tenant to pay rent to the BeneUc�ary un;�I fe;rther nol�ce. �
<br /> :�;"3:.:..• • 1 • .i
<br /> 8.CONOEMNATION.If tdle to any part c':�o F'�opeity Sh011 Gv taken m condumnaUOn proceed�ngs.b�rg�t ot emment domain o►similar action.or �
<br /> . � � shal)be 50��under threat G�Contlemnauon.all awa�ds.damages and prac�eds are hereby nss�g�eA a�Q s'r,all be pa�d to Benefic�ary who sha�l apA�Y �
<br /> � ,.� sueh awartls.damages a^3 p'uceed9 to the swn seCd�eO by this Trust Ueed,w�th the orcess.�t any,paid to Trusfor.�tt Trustor receives any notice or � ,
<br />� . � other irtiCrmati0n reqalC^5 s.ich action9 or VroCeedings..Tr ustor sha�l g:v6 prompf wrriton not�Ce lno�eof to Benehe�ary 8en0}�ciary sha(I bo ont�tlCO,a! �
<br /> � if�pptlon,to cammence,appear in bn0 D�osecuta irt its own rt3mb any sucn 3cf;on or proceedings and sfiall 6H eMitled t0 M�3 a�Y compromise or settlement � �
<br /> '. � in connect�on�vith any such action o�p�oceedmgs.
<br /> '' ' 9.PUTURE AOVANCE9.Upon raquesf ot iruslo�. dffnehC�dry at Benot;c���ry's oW�vn.pnor to�aconvEyancv ot thv Prope�ty ta 7rustor.m�y make ( , '
<br /> fututAedv2nce9 toTtustor.SuchtuWr��d'vancos.w��h�morest th�rean.shau be sacuretl by this Tiust Oeed v�hen evid@flCed by prom�ssory notos stdbng ;
<br /> ' Ihat 38�d nOtes are setutod hertby,p►ov�ded that at no t�mc�shaU the secured pnnupal and futura�dvancfs.�6t includrog sums aOvanCed tQ proteCt •
<br /> � - � the seeurity.BxCeed two fiundred pers�nt f2d0'•o)o�ehe orrqrna�pi�nc�pa4 ainounts secuied heretfy. _ _
<br />• �' ' tp,pEYEQ1ES NOT E)(CllISIVE.Truste�and gene}�c�ary.and each ot them,snali be entdled toenforeo p�ymen!and pertotmanCe o�any mdebfedness
<br /> or obtigattons secured he�ehy�d ta ererc�se an ncyhts and pnwer�u�Cer tn�s lrust need or undc�r any other agreement executod�n Cpnnect�on herexdh ! • . �
<br />� - ' ' � a any�aws now or ne►ea`ter m torce.nolwdhslandmg sum�or atl o�IttQ such�ndebtedness and ab6qabons secwed nereby may now o�hereafter be � ,
<br /> � . ' , othervnseseeure9.vfielhornymortgaqe,nustHeed,Ntedge.+�tln,a55igmment6=oth�rvnSE•No�lheetheaCCeptdnC90tth�g?�oSlOBed.na►dSenlo►C@mQn!
<br /> � wfrothE�EyCOUN action ar purs�ant t61he ao•nret ot suie a uther powers h�r�iln GontBmEd,stfall pee�uCiCO orm a�Y mannar aNect irustee"s or 8enefic�ary's
<br /> , righttG te3li�e Upo�or enfarce any oth�i securdy n0•r�or h�redNet hetd 6y 7ws(te or gene6tia�y,d bemg aryeed`that Trusteo and 6eneficiary.and each
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