|
"o+rc�ss:�In ccr+.n:�tiosf ti'rtFi caartsm�an or e�flc�r taktng a!tha P�aget4y ar Rart tt�ereof,or tor ca�v8��� naLcn. -
<br /> len9er sl9a,Sl 6a e�hfte�at!b opUon to�ammat�e.ep�ear tn actid prossCUE�!n Ets own name�eny aeEic�n Qr paacea��er�6 sha�l 8lso °—
<br /> Qe entiited to maics eny campromise or s:�4�iesna�4 In coart�ctton�ith a�h taWng or dmmaga.ln tha�vent c�y porNon ot the PrapsAy�
<br />' so taken er Qarrraged.Lan�ctr shs14 havs tne optlon[n(�sate end e�aeie►�s dtsc�e�on.ro e�Dy s1l sucA pros�aed3. aRer�ctinQ ��'
<br />. tlt9rsttmm a�1 oGSis eru!o�;tt�s itx;urred by it ln Con�.len wl4it such P[aeeed&�an 8ny f�xYebfe�tes9 sec�rted heretty end tet such �
<br /> - at�er a��tus�!�y�i�rmine.ar to a�y e!�h F's�s.a.�.er�d:dutxIa��3.ta L'fa�s�P"aYa�4i u�&fic,�eri3/upGt!6ax���rr -
<br /> �r d�ttarr�Fs L�ndar may dsie�ina.My apgliaaUon af Proceeds to iis�eD�sd�es.s sha�!�at�xter�d or paslpana the�te dat�ot enY Pa➢i- '�':
<br /> menb urec�er the t�iate,or c�e any default the�ur.der�r hereun�c.My un..p�tis�d funt�st,atl ba paid ta T�ustor. �`
<br /> � 6.�rfannanc�b}►L�n�i�Upon the oocurtence of an IEvenl ot Qafaw3 hareunder.ar ff any act ls taken or iegal pm�ad;ny � •
<br /> aonurt�sced which mataria9y affa�s Lendo�s interast dn the P�perty.uender may tn tts ox�n d�scrett�n.but wtttEOUt oOUSati�on tm da r.a. �=_'
<br /> n
<br /> e�d withhaut r�a"a.ce to or damartd upon TnuYSr art�utY�w¢t retaas[ng Tn�iof from any obCgaUon,do arr�eci vfilch Tnrstar t+AO�need
<br /> : ` but taL'e0 to do snd may etso cb any otfser ect it dec��r►�necesaery w prat�ct the securiry hereoi Tn�stor shatl.irranod3atnPy�qpan �.'
<br /> J demend t�terefor by Lender.Pay to Ler�r all casis and expefu3es irtraarrt�J end aurns expsnded by Lendsr In connec�an ws'tt►t?�u�xer- e�z
<br /> _ �by�r o!!3�iare�n8 d9h�.tc�ttt�r s�th�ter^�t�,"t"'�at li�a d�"ouit rata ptavlGa�€n t�ze i�a.v�a'�s+`�ail be addefl fo ��
<br /> tlte ind�tedness se�6�hessby.L�ndet sfial!not 6xair anyt�aSility bPCat�s ot�nyaP�ing it may do or am.�i ta do hereurtder.
<br />` 9.lla�fmua�Eatc��.Tnrstor sh�ll ic�sp tl�a Prc{serty En oom�tianoe vr3ih afl applieabi�[a�ard'usar�ces and eegulFttinns ��
<br /> relatirg to ir�duetrial hypiorto or enviroiunental prate�on(ca�e�tivsty referr��to h2ren as`IEnv(rane�en�i laws').Tnistw sha(1 Iceeg �_
<br /> the Rrope�t91 fre�fram a9 Bubutertcss deerttad W 6e hazarda�s�ae t�:dc under any 6r�iranrtsar�4af taws(catiscfivety teterrsd ta hers;n ��`-`,
<br /> er►'Haraz�ous IlAa4e�ats'}.Tn�ter h,:reby wartarats end repr�sents ta i.er�der th�t thero ere no Hazasdo�AAaOerf�(s on or olnQer ffie
<br /> PrapaRy.TnmGOr hereby e�4o tndemnlfy and hol�harmisss l�oruSer.�dire+Cieis.afi'xoers,emFta7�aes erd a9erte.and anl!cl�¢� —
<br /> SOiS t0 L@tldors i[ifQ�est.f[Rm 8nd 8Qatttst etry�td miJ Ctallns,dartvtg3a,Iosse3 end tiabAiUes ar(strtg Cn connect[on witli the piqaancs, �'
<br /> use,�isposal or transpoR af arry Hazardcus Matertais on.under.irom or atrcdd tltie RrapeRy.TFtE FQS�EGOfNf3 WIlRRM3YiE".s kl�d! �
<br /> • REPRESEf�iTATlONS.A�1D TRUSTOR`S OSLIGATIONS PURSUANT TO TIiE FOAEQOIN(� (t'JOB�fNfTY,S9�iALL SZ1R�l'EVt �,
<br /> RECON9/�fANCE OF 1111S DEED OF TiiUST.
<br /> i0 AsaiQnr�nt�of Rsnte.Tn�tor hereby essignG t�o I.�r�der.arsd grants lender a securi[y�ri��rest in.a!I�en�tuwre and
<br /> . sfi�r adsing rants.Lssuss and prafits of the RroyeriY:Prav&i�f titizY Tn�stcr shatl.ur�tt!the oa:urrenoe ag an�veaY ef!�$c;utt,txjmunder. �;,�
<br /> hsve U�e rf�t ta collec!and retsIn such Rdr�.Issues and prafFta as tP�y fnecame due and paya0fe.U�Yrva a�aarrence ot an��uys?,ot
<br /> Defa�L�ar a;ay.ei�Jter tn pe�snn ar�y agen4,w�a wftha►it br(r.gjst�atry acUon or prooeer�nc�.er by a reoeiver appafntsd[�}�.e �-�
<br /> ' oaart arc�wR�au¢e�a�d to fhc�adequa�.y o!iLS security.eRies upan ar�tr-ta3 posssss�on ot the Pro,parljP.or a�ry part thereof.(n itn as�m
<br /> h
<br /> �ne or in fhe name af tlte Tnlstee.end do erry scb whide it deert��s Recessa�y ar d�airebio to pro�enr�tha vs3uQ.rt�arkem0ti�ty,or �
<br /> tr3nfab�lity►at tlts Pmpsrty,ar art�q�art thereog or irtteresi Utt�re;n,or to fncroase the its��rs therefram oa pro�ci ttte securiry hereof ea�, ,�,.`�
<br /> w►Ytf or wimad�pass�air�r.c ot ttta Propecdy.sua 4or�aLfierwtse caUsct the c�nt�,.Issuas and p�n5ts tharea�.Inctud�rssg thaaa p�3st
<br /> ° , ruia and unpat��/notifying LEnai►ts to matca paymerris to Lender.l.ender,maI►aPGt��r►b.issues aiad pro�'�is.f�casts and orq�ris- �
<br /> �, � es at operaticcr.�►d cotiacUon ineluding atuur.�y s fees,t�any ir►6eL�dcr-�secured hereby.a11 in s�h ordar as Lettder enay datB( Y-,:
<br /> ' % mine•71ie er�a�g upon end taWn9 Posse�le�mf the Pro{serty.tfe3 coiteetlon ot st�rett�.iss�tes and pr�`itS►and tlte e�s1'�thn �', '
<br /> '� r 9tscaaf as aforesaid WiaU not cure or wafva em�deteult ar nat�ce of defauit he�eursd�r or invaiidato arr�ard dana F�r�yonsa m.stt�oT�
<br /> . ' t d�t ar pursuar�t tn sud�no�oe ot defautt end.rwtvrt�'tanding 1ho oaMfnuara:e in possessien of Uva Prap�rtY or the ooiiACtian.
<br /> ; r�c�ai�t ead e�plh�ian o!rer�ts.tssuas or pe�ts.Trt�stee�d tsr�dcr s?ra(l+i�a ert�tied L�exac�ise QvesY�l Pro�viduu Sser tn uny+1Y jdse --
<br /> � �; Loan Insbn�r�or�j isw u�an oocurtence dfirany Even!of Deiaui���rtru'.�rs}�w(thout ItmitaSon 4h3�hl W@xeicise the pcw�ernf��. - _--
<br /> . FuAner,L�er�dbfl�aF�s and feme�es under ttlfm�aregtaph shaJl(t�arMF�.°ve witt+,arnf in no way a lim.'�on on.Lenders�e�tthd -_
<br /> � � remeddes undesarry essignmeni of Eease9&s�s5:eo�ts r�aeoNed agztnsi tlx�Properiy.'Lar�er.Tnisteo nnd iP�o c�iv�r st�aD be li�bl�to
<br /> •.-.i.. 2ccount onSy tortltase Fents a�tus¢y rec�tved �'.
<br /> ---': t=.����a�'�Tha ta.:a❖.�tng�aff cons�Yuta an�vsrti o!Qafault un�;o.,�t3�d af Tru� ,�
<br /> �s�f�., . (a���ra t�pay arry�St a6���i�sc�Oa!ar interest o1 an/e.t�er sur�sec�esd�er�y u�a due;
<br />°`���� �;��P.It�ach at or defautt undee�6rov�:on oor�tafned!n t�a ha•ra.thio Oea�a!Trr^�,c��f r,C 4ho l,oar��nen�,ar r�ny .
<br /> '`�`;� oltserFir,��rartcumbrar�ceuponSfioPraperry;
<br /> # (c�A writ of exeadion or auac4imem or erry atmilar prxesu st�t!ba er►?ar�against t.�.�r wNch stratl poeorne a li�n�en
<br /> { ` irie P�rapenY or arql Pallon theraot or interest fherein; .- -
<br /> �--�� (tQ There shat!6e fiied by a agatnst Tnu�r or Borrarier an acfi�a►undor
<br /> artf►Present or fuaara fedsral,state w Wher utsiut0.
<br /> : '� tavv or�eaWabon refaNe9��P�f►.insokenry or othar�alioP for debtors:or t��o sh3(I ix�ss�ofn4�d sr►y tnsstee.re�ei��er ar • �
<br /> tiqa�ator of Tnueor or Borrowar or of aY or any part of tt�0 Pre�erty.w Uio�.issuos or prof�ta tA��o4,or Tn�mr ar f3nnrnz��
<br /> , sh�i!malce ar►y geneeal assigrurrent�or the benafd et c�tw�,;
<br /> �, - (e)Tha sate.transter,lease.assignment,cem►eYance or turlP�er ertc�bc,�a o�t�3 w�1 Dar1 at a srty ir�earesl trr eh�
<br /> PropeRy.etlhher vdurtturity or invahmta�[y.viitliaut the es�r^�ss wrfSten ccrssec�V rA`►��nder.pravfded tPiat Trustar s1�ap�be ppmtit- :��'.�:
<br /> •',' ted to execute a tease�t tha Propeny thai does noi oartmtn en op9on ta purch�ar�d 97�o t�i�at wi�tch deas rsW ew�ood on� �=�.
<br /> �. year;
<br />'''�`' 4"' (�1i1��F,donmeM of the Proparty;rsr . . �,.:.
<br /> , (g�(�''Uhist+�Is not an tn�viduat.mrs issuance.sate.trana4er.ascJgnm�en2,oonvoyar�o of oncurrbranoe at moro tfian(it a if��
<br /> aotpo�aflon)a to�i a1 peroent of its t��and ouis�ng sieck.or('d a PaetriorSh;A)e tatat o! ger- �•
<br /> �� oer�a oara,ersr�rnreres�,or��a n�a uati�c��x�;am�a co�a �o�oent o�me amtea uaar�y+�rnpa-
<br />,�;�:;Y',: nl►interesm or vatin�R�hta duflng tBa period tlds�.��y3 Tn�st s�r.^�fns a Uen on the PropaRY•
<br /> 12.Racr�s;AcaNratton tlpon Dihutt M tt�e e►�e�o!errp�zarrt ot Dsfa�t Lettdor may.wIthou't notk�e�t tu�isQuirod
<br /> ::�"-' � �,�Iaw�deciare aU inQeDtedness sa;ured hereby to b0 6a8 art� � _ -
<br /> pa�yah(e and the same sha11 thereupor�becon�e due arxf paysble u�`iJ�
<br />� • �c�arry presentrnent,derrwnd.protest or notice of any ktr�Ttaera�ft�r Lertdor may:
<br /> . (a)Qamattid that Trustee exe�cise the POYYER OF SALE granted her�tn.ar:d Tn�tee sh�il tt�reafter cause Tnru2orn iatec� �-:
<br /> � est in ihe Proparry W ba 8old and fho prooeeds fo be disMbu�d.ell In tfie c�s,anr�c¢rovlded in li�mi No�asice Tn�t 04wQe 13� . ��,-`
<br /> .;.
<br /> ' Oetroa�er�°f�ar,d au�igh4o prcvtaed ror in any o1 th�1.oan��trurr.e�,tts ar ey t�w upa�ooaarronoe at an�rvont m ---
<br />":_�; � (c)CommenCe an�cdon to foredvrt�it�is Daed ot Trust ss�i!r�;�*�a9o.eFPafii a reaers�r,af speciflcalty enforCt�iu►y ot Ute _ ...
<br /> t�venanU�hereot.
<br />: Rlt��ismedy herain confem4d upan or reserved to Tr�tcs rsr Ler.t�r to intondod t�Qt��x�fustva o1 any o7l�er remedy hereln,in fho Loan �
<br /> tTustis.�menb or b���aw praridad or permitted.but esch ah�fl 17�cumcletIve,sha(I be in adQitbn to evesy ofher ramedy giv�hnreunder. --
<br /> . . Im L"�e Loan(nritnimertts or now or hereat�r ex1�:r�ai b.t�aar t�2 c��,►t�e%�U statuta.an�may bo exerctred canaurte�rL'y.indapand�mry
<br /> . ar�.
<br /> � 13.Trtu��Tha Truatee may resig�a�t arty Ume withaut r.�e�m.�us►3•S.ender may at ar�y cirtv3 er4d wlthout cause appn.nt u atao- -,;.::
<br /> . r,�ssor ot s�'�t.�Trustso.Tru�tso snaU a�be Ilabte w enY pa�J.tr,�ur�,�a�g without limitatlan Lendor,Borrower,T�rs�r or a�r��at�
<br /> cGtc�er o�the Praperly,br eny bss or damago untoas due�recklessc ct w�frtul rNr,��uc1.end ahali not be requtrc�d 6�teke arry aC�a� '�,:
<br /> U�oonne�.�tlon wHh the eMaa�tcnrani ot ihia D�ed o}Tcust urdesn inder�.r.ifiod.in writin�.ta all cos�.camDensatiarr cr oxr�enses+rtrk� :a!
<br /> may 6o associats�th�r�with.P�add)�an.Trus�3se may bsccmo a pu�Yr�rr at arry eaie oi tt�e ProportSi(�dicial or�uider tfie pawc�P r.i. '_--
<br /> . sala p►smied Rer�tn}:po�stpaw the sale oi ali or arry poAton of tl�Pr��i}p�,as prorided by taw,or EeU the Pmperfy as o x�hota;.�sn�n �::
<br /> sePa►ate Paroels ar tots at 7ru�tee's�scie8an. 5� ��_�'
<br /> 14.Fiw and Fxperts�s.tn fhe event Twtee sel�s the Rroperty by exereise af power of sate,T�ustae shait 60�ntitted m apply
<br /> erry r�al�prace�ds ftrst Lo payment of all costs and expens�s af exorctsing pdwsr o4 rrate.inGucflng e11 Tnc�tso's teea,actd L.endere and �"�
<br /> Trustee's attorr�s tegs. ach�ally incurra�to e�dem{semitted tiy apRlicahte faw.!n 4P�e evant Bortower or Trustor�rcFses any rtght �
<br /> prau3ded tr�y(aw to enre an Event of Detauft,Lender shail bo enYitlod to recaver tram Tn�Wr all eests and expensma act�Ly iricRurred as �" �
<br /> a resuft of Tn�siaro delaWt.in�Iuding withoart Umi�tion at)7rusteo'e artd attameys tees,to the o�dent perrt�ftted by�pik�E3e fftw.
<br /> k �
<br /> t5.Ftc�ua/lfirancas.Upon requss!o!Baaawar.Lendsr rrtay.at its opttnn.make additional and Mure adYar�ces and read- .a
<br /> van�ss to Bertawer.Sact�advancos artd rosdvartces.�wth tntere3t ttsQ�eon,shafl be sscured by thta Dasd o!Trust At no tme shail tt� �'`
<br /> • •A.
<br /> ��:�
<br />. . +-w..�� • �'�'`�,•
<br /> i ' . � t��1.1� � ,r. �.r. , . . - . ,, . ' : . ' � . , � 1 ��.. .. � -
<br /> . ' ' S� ( : c • . � • ,
<br /> . ' ._ .�. ... .. . � 4fj1��.' . ...� . . , • . i•. . ' �. _ ri . • . _ .. . � - �� �
<br />
|