|
. . �. .o� • .vr
<br /> "�, �,'I{�u.�1{iyj� ' .• �
<br /> (�����41.+. .}�rA. v i�nw..y I .
<br /> � �C�� ����c-� __ - -. .
<br /> .,o...�.
<br /> .. - .. _____:_"---
<br /> . ',�1'i:�'i1::da.._'__ — .._ .__ '_
<br /> " __ —
<br /> __.. _ . ... . . .
<br /> � t1.�ii�:v FileNc�. H3H i
<br /> `�='"•�d�l
<br /> . .
<br /> C. All the est�o'tf, int�rest,rtght,title•;�othef claim or demand,lncluciling claims or
<br /> . demands with respect to th��prcx�eds af instiram�r in effeGt wfth res�xct thereto,which Trustor
<br /> now has or may her�eaft�ev xiYaulre in the f1�.i7rt.�a���ci F�rc�eiiy,a�ic1 a��y ar��3 a!!i+i1.:i'LIs m:,cl�for -
<br /> the taking by emine�t donw��a�n,or by an�r prnr.�i�,ing c�r purchase in lieu thereof,of the wh�le
<br /> or an}►pa►t of the Mortg;ager�Prc�pertY.incli�dinBr�iuvithouE.11mitation,any awarcls re�uldng from
<br /> a cfiange af grade of st�+eet��a�nc.f awards f��r.spver�.r;ce damagex;and Trustor her�by authorizes, _
<br /> di�ects and empowers B4vne�ciary, at it:� apti�k�i, on Trusto�'s behalf, or on behalf of the
<br /> successs.�s or assigns of"�'i•��Stc�r, t�s adju�t, camnpromfse, r.laim, collect and receive sucP�
<br /> proceeds and to give prc�tes receip�s anc1�ar,quit�rt�es therefor.
<br /> The foregoing items of f�eal Pra{:erfij ar�c�:R��rsr�nal Prope+rty are here3nafter cailed the
<br /> „M��g�P��,,, . .
<br /> QRnv�C�O,H�ShIEV�R;.;tMtat these pr�senh�ari�upon the candition that, if the obligations
<br /> sect�te�) hereby shall be pa4�d wH��tiu�,and if thc�Tnxivtor shall keep,perfon�n and observe ali an�
<br /> � singular the obfi�qations,covenant5•,agrr_emants a�i+i p��4visions in this Qe�ci of Trust�x�ressed to be
<br /> � kept,pe+{ormed��and observed I�y or an d�e part c�f tl�k�Trustor�qhen t�p Trustse,its successor�and �
<br /> assigns,s�all reconvey and relea��the Mr�rtgaged Ptr,�s�erty.
<br /> • :.i� . .
<br /> �',;,;;r: � THIS DEED OF TRUSIT SFIALL SEGUR�:.THE FOLLQWING �NQEB'TEDNESS AN� '
<br />, � ,.,,.,,`�:. ' OBUGATIONS: .
<br /> ``'�' (.i) Paymen'kiaf incletrtsdnc!ss�evi�±�#t�ced by that certain P�amissory Note dated June
<br /> �2�,1996(the"Pnx9rivso�iq+NMe"),execut►t�':f���;��'rustor in favor of Beneficiary�n ihe principal _.
<br /> amour�t.af.St,340;�:`��,beartng int��rnsLq�s�kl;�ein8 paYabie as praviaed mersin;ac.�cuu�►-,�.;_.' .
<br /> to its t�rrn�;��and afi ext�sions,ren�waLt ant��riiodifications th�ertof; .
<br />_ .; �,� , ,.
<br />� �;...�;' '�' .��;.
<br /> (ii) P�aymefl�t of all other inai+f►.i�ii��incss and p�erformance of all obligations and
<br />- . cavenants of Truitor urider each of thr►'.l:�a�ir.:t�ocuments,"as hereinaker d�ned;artd ,,;�:;,
<br /> . . ., , ,,:
<br /> � .� (iii)Payment tr'f a!!dF i�Ra��Y�ci�ai`�ciff and interest on any future advances�'nder the
<br />= �r„��n.r�l�.r� a�.g.all cums�ilranaed bn1,'Beneficiary to protett the Matgagecl�;:��ol�ertY,
<br /> with interest thereon��t the Default R.�na pri�v+ded bY the P�omissory Note from th¢dat�uf,._ .
<br /> advanc.e by Bene#icia;p ta the datt�of paynf��n�,t.by Trustor. � •
<br /> T���k�pdness anc�.rhe obligatiais secum�i by ehis Deed of Trust which are descr7l�ed in!i) ;,,::;�
<br />_ through (iii)above may be re?inrrc�d to herein as ih�t�"��ured ObNgations." '����''
<br /> } ,
<br /> - The indebtedness seccwed heretvy is furtMtt���.�;�i�dnnced and secured by the follov+ringo dat�d of;�:'�;
<br /> - . e�yen date her�ewith,which,w�c#►thic p�ed�fir��,�:�s�d the Prornissory Note,are hereinaRer referret��.`,
<br /> - ro cQllectiveRy as the"lc�an Q�t,cument�s-:' ' •'':� �'`
<br /> ,' i' ``;
<br /> � (a) ar��A,s�ignment of R�nttcarifil:ll��ses; : ���'',�.
<br /> ...
<br /> , .;: , . ,;:;%
<br /> _ ` QbT a BuiA:{ing Loan A�neemeeli; , :�;'+`
<br />,� , .�.,:,.
<br /> _ . (c) ar+Enz�ronmental Irtd�!nuiit��;,Agr�ement;
<br /> � � (ci) a Nota;�of Cammr.nae�ix�:���;and '
<br /> _ (e) a UCC�Financir,g�'utiim,*�it. � .
<br />._� . . � ':� .�. .
<br /> ' R,O�rr�lE 1 _.
<br /> �
<br /> �.�.� ...�...�.�.a,zc . 'z�• ,.I.
<br /> s - � � ----��_�__�._::.�.�..�.� �,
<br /> , .� - ., . -. - ..- ._... _.
<br /> . '. ,. A 'D A� �99�T.�.�Zf36�S�YC�R ::�,,
<br /> � 7rustor hereby represee�Ts,wan•ants,�;avenants and agre�s:
<br /> � Section 1.01. . 1'rustor herel�y grar+ts this Deed of Trust to �
<br /> , secure the payment and perfarmance wt�i�n due of the Secured Obligations. The consideration
<br /> re�teived by Trustor to execute�tt�t4 detiver tl6is Ueed of Tr�st and ihp lierts and security interests created
<br /> herein are sufficient a�d will prewide a dii�ct ecvnomic benefit to�'rustor.
<br /> s
<br />
|