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<br /> i 10. TA1(E!!AND A89EBSMENYg. Qrantor thtll pay all Sox�A ond o�t�aaments relat�np to propor4y when du�and immcdlotoly provlao I..onder -
<br /> evldence af payment o1 aam�. IJpon tha requoat o}Undrr,(3r�ntor ah�I1 depoeit with l.�nder each monlh on�-twdtth(1/12)at the�atlmated anmial
<br /> insurano�pnmlam,ttx���nd u�ntm�nt�p�rt�lnlnp to th�F+rop�InYthi�vtn�o}d�f�ult Und�f r�hillhhaw h�Ipht�tllts�ol�Pcpton tt�aPp ply tho
<br /> � of taxo�,aaf�ttm�nt�md Intur�na ay nqulnd on the Prop�rty «�'� ' -
<br /> tunda w h�ld to p�y any toxee or�Dalnet the Obllnetlom. My tundr appli�d may,�t Und�r'e optlon,b��pp���d in nv�n�ordu ot th�due d�te +
<br /> , ; th�rwf. ^
<br /> � 10. INOPECTION OF PROPERTY, SOOKB, R�CORD'AND R@PORTB. Or�ntor�ha;l tllaw Und�r or It��p�nt�to ��amin��nd In�p�ct th� •• �
<br /> Ptop:rty end oxnmine,inr,peot nnd mak�copl�o of qrantor'a booke�nt1 ncardt peA�Ininp to th�Prop�rty irom time to tim�. �rantor thai(prov:;ls ' ,
<br /> j any�al�tanu rsquind by Und�r for th�aa purpaw�• Ail of th�sipnatun�md Inloirnailon oontalnad In Orontor'o boolro end record�ehelf tis
<br /> penufn�,tru�, �ccur�to and compi�4� In all nrp�ct�. Onntcr�hall not�th��xiitma of I.�nd�r'�bm�ficltl Int�rqt In Iri books�nd ��oord�
<br /> � p�rtalning to th�PrnpiRy. Pddltionplly,Cir�ntor�h�ll nport,In�torm eatlaftctory to I.Ynder,tuch Inlorrnation�a Lend�r msy nqu�st rpucllny ��
<br /> _�F� OrantorY fintncial condltlon or the Prop�rty. Th�Intorm�tlan ehRll b�for such p�rlod�,th�ll nttect Qrantor'e recorde at euch tlm�,and thafl be t
<br /> nnd�rW with such inqu�ncy aa Und�r may d�alynat�. All Inlormatlon turnl�h�c1 by(irantor to Lend�r�hall b�tru�,accurat�and compl�to In all
<br /> ,,,,� retpoct�,and N�neid by Orantor 14 L�nd�r raqu��tn.
<br /> � 17. ESTOPPBL CBRTIFIGATES. VYlthln t�n (10)days sH�r any requa�t by Und�r,Ortntor nhtll ddiv�r to Under,or any Intmd�d tr�ntf�roe o1
<br /> Under'e riphtn wlth nsp�ct to M�Oblip�tiona,R elyn�d and acknowl�dpod st�bm�nt ap�cllyinp(*)th�outsundin�bNena�on th�ObIlpaUonr,�nd
<br /> i (b)wh�th�r(inntor posa�aaa any clalms,d�fensr�,e�t-0Ya or countorclaime witfi respeot to the Obll9atlflns and,If eo,tfie n�tun o1 wch d�lm�,
<br /> �r dN�naee,s�t�ofts or counterctalme. Or�ntor w111 b�c:oncluMv�ty bound by any apnNntttion th�t L�ndir msy m�k�t�th�intend�d tramt�rN with `
<br /> � rospsot to th�W matt�n in tfi�w�nt th�t Or�ntor tUls to provid�th�roqwn�d�tat+m�nt In a tlmNy mann�r. . . :
<br /> 9�. DEFAULT. Cirantor shall b�In d�fauit und�t thto O��d ot Tn�nt md th�Trueu�'e powe ehail broome op�ratiw in M�w�nt that GrRntor. , .,.t,,`�,�,y.�`.,
<br /> � Borto+ent ot any puuantor of th�Obuyat�one: .; ,„"'�'`��''
<br /> • (q ta11�to pay any OblfpaUon to L�nd�r wh�n dw;
<br /> ., lb) fail�to p�Aerm any Obilp�tlon or brs�chrs�ny warranty o�cov�ntnt to Lender contalned In ihfs Dsed of Trust ot any othsr pws�nt or tuturo 'y.r�7, ,-�;���_ __
<br /> ' agn�m�nt;
<br /> - , (o) desuoys.loses or damayea the Proparty in any material rosp�ct ar subJects ths Property to seizure,confiscation,or condemnetion; �;�+Y:��c��--
<br /> (d) sNke to rwoks,terminate or otherwlsa Ilmlt Its Ifabitity undar any puarenry to Lend:r; _
<br /> (�) di��,b�com�a l�palty inoomp�t�nt,is disaoNed or terminat�d,bscom�a(nooNsnt,mtksa an ass�.tlUon(n bankruptoy ttl�d Inr hilch Qran'tor - -
<br /> • pay dibb�a th�y b�com�du�,fltss a psUtion undor the f�dertl bankruptcy Iswa,has nn Involunt�ry p ; �� �,r:________
<br /> � Borrower or�ny puar8ntar is named,or hae property taken under any writ or process ot court; P„�,��.
<br /> :�! (Q dlows poods to bs uaed,transport�d or stored on ths Prop�rty,ths posseaslon,ttansportl�tion,or uss of which,Is Illeprl;
<br /> '• (g) allowa any puty othsr th�n f3rantor or Bortowsr to asaume or und�rUke any ObllyaUon without th�writHn cona�n4 of Lend�t;or � �,<:��
<br /> (h) cxasea Lender to deem itself Inaecure due to a slgniflcant declins In the value of t�a Property:or if Lender,In good taith,for any renton. '� ` �-
<br /> ��y
<br /> •.� bdisvsa thAt th�proapsot of psym�nt or pertormana Is Impalnd. << f #��-��
<br /> • IY, itiGliTS SF LENDER ON DEFAULT. If there Is a default und�r thia Qeed of Trust,Lender shsll be snt(tled to ex�rcias on�or more o/the - ��
<br /> tollowlnp��mscl�ei wfthout noUw or d�mu►d(�xapt ae nquired by ia�r�: .,��, _
<br /> ms
<br /> {�)to Mc1as�th�Ob11DaUona Immedlately due and payable In full; • �"
<br /> y' �)to coltect th�outat�ndlny Obilpationa with or without raorting to judlclai proc�sa; �•t'"`��
<br /> O) to nqufn Or�ntor to dstivsr and maks nvailnble to Lender any parsonel prop�rty or Chattets constltutinp the Propsrty nt a plaa naaontbly
<br /> �� convsni�nt to Gr�ntar end l.�ndsr; ointment ot a rsalv�r�nd,st Und�r's opt}on,to 7 "
<br /> - --- �d)ta or.�r L�ts�n�!H!kw nonssaton of th�Property without applyUp for or obtaininp the app �M � �
<br /> �. �ppolnt�rocelwr without tiond,without flrst brinpinp sult on th�Obtipatlons and wi�ouc om•rwis.i�i::u��y��'r:�»^^a--n-�_"'=�"dtno
<br /> rscsivsrs,ti belnp Int�nd�d that Lendsr ohdl havs tfile conVaotuat rlpht to�ppalnt a r�alv�r;
<br />_ �,;� (�) to�mpiay#mm�pinp�p�nt of th�Property end I�t th�sam�.��th�r in Tru�te�'�own nun�,In ths na�n�of Und�r or In ttw nn�'n�of 1
<br /> �rontor,And reaiw th�ront�,Incomes,issws and profits of the Prop�rty�nd apply tfie sam�.niter paymant of tll rnqssuy cNa.'�ren and
<br /> �xpsn��,on a000unt ot the 04U�sUcna;
<br /> „ m to pty any wms In any fortn or manner dNmW�xp�dV�nt by Und�r to prot�ct tt»eocurity of thf�Dad of Trust or to cun�ny d�tau sr -e
<br /> ;;,;:.;t: thtn p�ymsm of Int�net or pdndpd on th�Obllpationa; throuyh ex�rd�e o9 th�pow�r of aal�a
<br /> (�) M toreclos�thie D�d of Trost Judb�ally or nonjudlcl�ly and to dlract th�sal�of th�prop�rty
<br />_ ":^ � rii�nnced hn paraproph 20 h�not In�ca�rdanc�with appilabl�law;
<br /> � mi oou^q mvtntain d w�1U dsr or�an�y curtently ex►et np o�utu�re�atti►laii of�lends�r,�and��b�not fimited to,monfee,Instrurr.�►nts�a►►d depo�ft
<br /> ° �� Q)t0�RHCIN�II oth�r dyh4t�vall�bt�to Und�r undtr�ny oth�r wdtt�n�yrNm�nt or appliesbl�iaw.
<br /> ' Lsnd�r'��Iphts i+n cumuia�v�md emy W�xerciHd top�ttur,wpu�tNy,and In�ny ord�r. In th��wnt that Under InatlNt�s�n�otlon�wtfnq the
<br /> normry ot�r►y ct th�Prop�rty by way of�pnJudpment rsmedy In en acUon��slnat(inntor,Grantor w�iwe thspo�tiny of any bonC whloh mlpht �T. _____� -
<br /> pthNwla�be r�quind. Und�r or L�nd�r's dealpn��may purchaes th�Prop�rty et any e�l�. ProaNd�of any Tru�w'�wl�h�+nde�Witl�a -�_.
<br /> - , appli�d tint,to th�oost�ana!�xp�ns��ot�x�rdeinp th�pow�r of eat�rnd o}M��al��Includinp th�p�Ym�nt of th�Trutta�'�iMS�otwlty Irwurt�d
<br /> '� `ro•v� �nd not to axosed th��mount which mty W prcvid�d tor in this Desd of Trust,second,to paymmnt ot th�Obllpatlons t�cund Mnby�1hkd;to 1M _
<br /> _-.�.-�•..,�•�� paym�nt of JuMor trwt d��,mortpapa,or other Ilenhold�re,and th�b�lana,(f any,to th�p�rson or p�nons Ipdry�nUtNd th�r�to• TM P�oA�f�
<br /> or rny paft tl��nof may be wid In on�pucsl,or In euch pucels,mann�r or ord�r a L�nMr In Itt wt�dlsa��Uon m�y�I�ot,�nd on�ot more
<br /> "'' �x�rdws of th�pow�r hK�in pruited�h1Jl not�xUnpuish or�xMuft tM pow�r unl�a th��ntire prop�rty Is utd or M�obllyaUons u�pald In fuH. __
<br />� V '� ;I 20. 7AUSTEE'8�CISE OF POYYER OF BALE OH DEFmIlL�: Upon d�fault by Cinu►tor io peymmt of any Oblipatlons s�cund Mr�by�lAnd�r
<br /> ;:,,��„1;^. may d�clu�dl wm�Mcur�d h�nby Immsdlat�ly dus and payahla and ehali oau�to 1»filM of record a writt�n noUa of de'fautt�nd�Nction to s�il
<br /> _' ;�,:,•;li the prop�Ay, AfNr th�lapa of tuch 8me es then may b�requlrsd by law toilowl�p rscordation of such notice of d�fsuk,and notlo�ot tai�hsvinp ___
<br />:°.. �`;;i:,,i�� bNn pfwn Rs th�n rpulr�d by Ixw,Truct�s.without d�mand on Orentor.shdl s�il auch ProP�RY� rn tA�uJa of all�or any p�o�rtlon ot thi ProAeRY bY =—
<br /> ..4?�•� orde u k or Nnd�r mtY d�t�rcnins at pubilo euctlon to tfi�fiiph�at blddst, Truene m�y ponp
<br /> •-� � publb t,nnounoom�nt at th�tirrw ond plac�of sets,and horn tim�to tima th�nattK may postpon�th��at�by publio snnounam�nt at the tim�and
<br /> '�''.":'. wi�o t anyb�wnu�it�wa�innry,�ixPnaa or Impil�ed�fie ro�otuls/n such dri d ot any m�iatero of faa or mh�rw s�e ehall be�condua�lvi pro�M th� __—
<br /> ;.u.....�... � . �_��.�
<br /> , , �����y��k�p}, My p�raon,tncludin y Grnntor,Truete�or Lendsr,may purch�s�at such oals. ���'�.�
<br /> � �-,� .�• Zt. REGUF.S�FOR NOTICES: (irantor requeate that s copy of Rny notfa ot dot�uR and�copy of any notice of eat�henund�r b�rtulf�d to ea c h ��_`V,�^
<br /> �ti�• p�non wAo is�puty h�nto at tt��addnw ot such psnon eot torth henin at 4h�ssm�tim�and in th�earne mann�r nqulnd as thouyh o mapuaU! — °-
<br /> '� ;� . rpw�t th�no9 htd bNn fitsd by�ach wch psnon. � ����
<br /> " � 22. SECURITY INTERE6T UHDER THE UN�F O R M C O M M E R C I A L C O D E. 7 h i t D M d of Truat sht�l W coneid�rsd n fUancln atat�mern�nd� ;:°
<br /> 'r flxtun itliny punumt to ths provlelone of M�UNtorm Comm�rdd Cod�(�s adopted in the stat�whers the roal pro�erty la loc�tsd�cowrinp fixtune, �
<br /> , r �•, �m��,�nd�rtld�s of perasn�Nrop�rty now ownsd or h�r�att�r attached to or to bs used In conntctlon with ths PropsAy topNher with any�nd all ��
<br /> nptaamenb thenof and sdditlons thento!th�'Chattels'�,md Grantor hersby prants under n necurity Int�r�st In�uch Ch�ls. fi�d�btor Is the �,`
<br /> �`."„��, ,�.. �������b��bOy�, Th��scured pardy is ths Lendsr d�scribed abova. Upon dsmmd,Ciran4or ehall milcs,executo and deliv�r su:n Aacurity :'�.� " �:�
<br /> �.;�;ti..�:; aprMmsnb ae euch t�rtn Is dNin�d in eaisi UnHorm Commsrcinl Cod�)as Lender at any Ume may dNm n�cessuyr or prop�r or r�qufnd 40 8rant to ,
<br /> 4.'f: '
<br /> �� I.ind�r• tecuriry IMKSSt In the ChattNs,�nd upon Or�ntor'e tafluro to do eo,Und�r la authori:�d to Nyn�ny euch ayrMm�nt sa alro ap�nt ;`t�.}���. �;`
<br /> � ' o}(�n►ntor. (3rantor hereby autho�is�t Lsnder to fiis finnncina sutem�nta(as such tertn la defined in said UnHam Comm�rdal Cod�)wNt�tetp�ct to , „_ ;r
<br /> �'�:sva::�ee "
<br /> :;�� th�ChattNe,at any tlrt���without th�elgnature of Grantor. Grsntor wlll,howswr,et any drrw upon rsqu�tt of Lender,slpn such fln�ndnp ttatom�ntt. .,�,,.�=,;, a.
<br /> GraMOr wlil pay all HUnp te�s for ths fillny of such flnencing stntemsnta and for the rofiitng therbof at ths timea roquired,In the opinlon ot Lsnd�r,by -�;:.
<br /> eaid Unitotm Commerclal CAd�. M the Ilen of this[leed of Trust be subJecl to eny security agreoment Coverinp the Chattsts,then in th�event of any „;=;;.s>�,-�;....
<br /> d�fault und�r this Dsed ot Trust,all the rfeht,tiUe nnd Interest ot Grantor in and to any and eli of th�Chatt�ia is heroby assi0md to L�nd�i,top�th�r :_.�.�.�,:*�'•..
<br /> wfth ths Wn�flt ot any depoaHa or paymente now or hsnaft�r mad�Urrreat by Grnntor or ths predsusaore or euoc�saon in titi�of Grarr�x�n th� _� f:'.
<br /> _ ;,.; Prop�Ry. , •.' ;
<br /> - - -- � ..e....�,��..�..r ne�unu�FYPEMDEO BY LEHDER. Lender,�t Lend�r'e optfon,may sxpend tunda pneiudin�attom�ys'iMS and I�pal • .. ,-
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<br /> �xpmsst)top�dorm any aot requind to W trk�n by f3rantor or to exercise any ngnt or romecry m unavr ur,�o�o��e......�. ......• ..,.--•--••-•-• ----- -------------
<br /> � Gnntar thsll Immadi�tNy raimburw Lendar for bJl nuch mmounte expendsd by Lsndu topsther wkh Interost thenon at th�Iow�r ot th�ht�hsst rat� ��
<br /> i d�faib�d In any 041ipaUon or th�hlDheat rat�diowsd by!aw Nom ths date of payment unUl the dnte of relmburo�mrnt. Thes�wms�hali W
<br /> � Inctud�d In th�d�flniUon u}OCIIQaUOns hersin�nd ahatl b�eacund by th�b�mficld Int�reat yrnntM h�nln. If 1h�ObllytUon�u�pald nft�r th�
<br /> � bs�tnninp af publieatlon of noUcY ut eal�,da h�nin provldW,or!n th�ev�M Under ehali.�t It�soln optton,psrmk Orantor to pay�ny part of tAe
<br />- � Oblip�tlona�ft�r tho bYp�nninp of publleaUon ot noUa of sat�,ae hereln provld�d,thm,�rantnr Mdi pRy on d�mand dt�xp�n�s Incurrod by th�
<br /> TrunN�nd Und�r In connectlon wlth aaid publ!caUon,Inc►udlnp n�sonabt�attomeyn'te�s to th��ftornsye for tho Trust��and tor th�l,erxler,end a
<br /> nasonabl�iN to M�TmstN,�nd this Dwd ot Trusrt ehall bo s�curity tor ell such oupsnas and t�w.
<br /> ?,4, AppdICAT1pM OP PAYMENYB. AI�Ptym�nte mad�by or on Whalt of Grantor may b��ppil�d dntt th�amounts p�id Dy I.�nder(�ncludinQ
<br />- � nttornaye'tNa tnd lp�l�xpms�a)In conn�ctlon with Me�xercla�o}Ita dphta or remedlea d�scdMd�n thle O�sd of T�uat nnd thm to tM payment
<br /> ot th�romdnlnp Oh1lpaUona in whatw�r ord�r Und�r chooses. ,
<br /> ` 28. POYVER OF ATTORNEY. f3rentor henby appaInts Lender u Its attomay�in-f�ct to endorss Grantor'e nams on all InaVum�nts and oth�r
<br />- dxum�nri p�rtUnlnp to th�ObIlpaUans nr O��d of Trust. In additson,Lend�r ehall b�eMitlW,but not rpulrod,to p�Aorm any sctlon ot�xocute eny •
<br /> document nqulr�i to be taken or�x�cutW by Grentor under ihla Detd ot Trunt. Lender'e p�rtorm�nce of euch acUon or�x�cution of sueh
<br />-= ducum�nb ah�il not nliw�(ir�ntor trom�ny Obliyatlon or cun nrty d�tault und�r thla Deed of Trust. AII powero of�ttom�y d�scrib�d!n tRta D��d oi
<br /> � Truit�n coupNd witfi�n Int�r�st and aro Irrwocabis. y
<br /> dec aryed�wu�h tu�da eWance�f by Lsnde�regardle�of whith�erdtheae II ih securiry In�re�sta o otherf encumbranas have be�n relsaa�d Of ncord«
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<br /> I LPNE�I tC 1 Fo•mM.wn tocnnorop�n.mc.,0/20/B51 IGOOi OJT 1799 Pe3�J o16 . _ _. .__.
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