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<br /> � � - ' � � < ` .. ' , .� • . ' - -. .. . .
<br /> � C.� ' " . ..._ �� �J�.. , G"K;; .'Sl
<br /> — - _ __.._._ �— .._., . .— _� r`i—t,� . �.. . ..—�.'--� _'_' . __ — .
<br /> __ _ ' _ ___ _ _' " —_.�. i.� '1... _ . - . . {s—_ — _
<br />. . . .. .��_ �., � . _.— .r'��^— —...r —. - _— —_ —
<br /> . ` f` a� ���,.
<br /> ` `. • .i4S. Qrantor shatt pay ail tattes and a,se�mants retaUng to Froperty wt�en�u�and imrtTed���p�d�o Lenaer �` , � ` _
<br /> ts, ra�s�nna ass�sstnct `
<br /> evidenee of paymant o1 sama. Upon tha raquest of Lertder,Granter eY�ait dspo3it vrit1�LBeder outh month ana�vedith(1/12)of th�eshmnted arinuat -
<br /> ' insutetsce premtum.taxrss anp as3essments Pe��ing to tGO Prc�¢orty. �iqng as tRera la no detauft.tltsse amoun2a shffiI be app6ed to tt�e payment . , • ._
<br /> ` ot�y �s,,mp�tg nr►�i�suranp0 as required on Ne PropoRy. tn f�R ev�nt of dslaut�LendQr shdl havo th�right,at its solo op�on,to appty Ne � �
<br /> funda so held t0 pay any tax03 or agan9t the Obligatlons. an7f�n�aPR��gd may.at Londeta o�uon,Ee applied in roverse order of t+he eus date .�• ., � ,;:�
<br /> � thercot.
<br /> 16. I�iSPECTtOEJ OF PRCPER7Y,B��K..°i RECOR6S ft-�i�R�PD�T�. Q�ntof shali allow lsnnsr ar its�qsnts to mxsmina and �ntpeat t�e , _,
<br /> . �Danll and examtr.m.inspae2 and me+cs coyias o!timntor'o Eao!ca snd r�carda pertainin8 to tria Rroperty trom 6ma ro tlme. Ciranror ahall prov:de _ _
<br /> any a�;{�ance roqu'.nDd by Lendor for these purya.es. Ail e:tPp siSnatum���s9'n�ormayon conminsd In(;rarttar's�aoks and recard3 8ha11 ba
<br /> genulne.trus. e�mto arni eompisto in aU resQscm. O r a n t cr�aSi note tteR existsnco of lonetaYS benaftdal irnerest i�its boak9 and reeor6n
<br /> " parteining to ttv9 PtoyDrty. Additionalty.Gran The�iMorm�aL'on�sMiit p�p tsati ustactanj o s,sh2!I toflaCt�Cusnmr's�reaa ds atrsuch U e�anC 8tta11 G�e
<br />, ��` C,ran'�a flru��a!conditen w tf+e Pro�artl► S � , �
<br />--,.� t rendertid nitA su�►f r e qu'=ru.Y as L en dar m a Y d a s l gnute. Atl(rttarT^atian!urr.Tano6 0Y tirarrtor to i,cndar cflstt be trus,atwas�assd comAt�fn aJi _ .• _ _ __ _'_ ,--
<br /> r
<br /> respeats,antf stgnxd Qy Csrantor if Leodar requaats. � �
<br /> �. � 17. ESTOPPEL CERl1f1CATES. Within ten(t0)da�afrar at�y�uost drj li:nBar.(irenwr shall deliver to Le�er.or any�ztsntled trans:�srae of e .
<br /> � Lendar's dgh'ts ve(th rasp�et to tha ODtigationa a signed erd adcttc�uiodg�al sts��r�M spseifying(a}the outctanding bvtsnee on 4he ODtigatlons:and
<br /> , lD)whether Ereinior po�es any etaisns,a�ensea.set4!fa os eourtt�td2lms vdth rtspect to tne Obiigauons an0,if so.tha natum ot such daims. _
<br /> dofansos,seLOftS or couMateialms. Gtarttor wiil be condusivety Qound�sY am/represer�tion that Lender may meke to tho trrtan3eC tran&'ecee w�t�
<br /> respCet tofht�e mattOrs in tha evertcftist Granto�fa��9to praviGO tT:o ce4unsted s�temertt in a timaty manner. � . .
<br /> .• 18. DEFAllLT. Cstantor sha:l be in dsfault under this DSed c!Tn:at sntl tRO Trustee's pov+xr shall beeame o¢arntivo in the event that Grantor, �'� . •^t
<br /> 6arrmrn►f or any guaramor of the�Elsg�tons: � � �.•.
<br /> (a)fals Lo paY a�y ObligaHOn ta Lender whsn due: ' �;; ,:>•:
<br /> ' •� (b) fafl3 to portorm any Obiios�on er breaches en73 warranr/or rr,e��anant eo Wrtdor contained in this Deed of Trust or any other preseM or fuNr� ' : •...`$.�." �,.,�
<br /> �`:-..;~" agr�ramtttt: , ..
<br /> to geizure.cortftsr.a�an.or wndemnatiam, . :,:K . `..:���,
<br /> . .,; . . , - �t—
<br /> ...,y,� (c) dastroys,l�as or ciam�estt�t�cparty in any mazoriat reapoct or suCjectn tto Propany . . .
<br />`:;'.�'t;�,` (d) seeka to rewtce.termina�ac acternrise limit itu IiabtllUj urtdo�any 5��j ta Lender, ,
<br /> .h J/',�c , .
<br />� >,1 ; e diss.beoomr,�leg�lry incem�'st.is dissoNad ar�rrinatad.h�3catras(rtsaSuarYt.ma+css an assignmeTR for the benefit a1 txs9lflors.fa!Is to �':;,�'"""'
<br />,::`,�fl,::; P y dobts as thay Eeeome due,^es a petitlen unrlot ito fadara111artimt�s1l lasv°�t�es an Imroteut�ry pefi�on in bankcupts.y 81ed tn wC:�h C-tantar. :;�'�. Y'� :;-,,-.
<br /> ��=�;� mSsenurtdarer, wrftorprccr�afcourt; � ;.:� -
<br /> r.;•, ,s Borrower ot any 8utuentor is nasr.sd,or has Propet!]I ! • - h ;�. .
<br /> 5.•
<br /> +� (fl aIlQr�s goods to Be osed.transPorted or storcd on tl:a P�regarty.the Rasse&Stgrt.transportaitan,or use oi wktcfi.is iifegai: �"',.:,,�" e -
<br /> '--�` tg) alla.vs anY P�Y oMer than Cdarttot or Batrmvet to aseumri or,tadsrtake anY QMgaSon vlithcut tlte writt2n ca+�m of Lsrtder,ar � �t;�-:�c, .
<br /> — (h) causas Lendar to deem i�t�.AS8qR0 dLD t0 3 Sig371fl0filii�3GC�tG::.:t.e:ae°ss�f fha P*�GR''Y�s+�Lgr•�.i::�Sd 4ai.h.for arry tea�t�. -.i � -? ��.-__
<br />� �;�i bsrlisms that tAa prospoc!oE�rrrflrn or per�mti3t�to is isr.pnLntL. -
<br /> 19. Riti41TS OP 6 E N O E R�L N�Q''(�L a. It t hsre is ss�f�uft unrfat fMa Qaed of Trust,Lender et;rt,rtll ba e�rs�e�P�'moro of Ut� �,f'�;�;� . � .. . _ -
<br /> `:`,, .;�.,, a,..�,�
<br /> �;�-. tollo��v(ng remvdir�vriScaut rta:ics ar demand(excopt aa nquh¢d tr/ittvZ: .;�t�` � r 1�. �. ,
<br /> 4' (aj w dedaro tT►s Ottig�tions immediatety dvo ar•r�pv/abio in full: -
<br /> (p) to colSed the outsffinding ObiigaHons�vith ar�M�has�resor�JnB to judtGal pce�: � „_
<br /> (cj to re�uite Grantor to do l t v er en d m a k e a v N t e b F U�D l o n d e r a r ry p a i s o n a l p:�a{�:y o r C h a tt e l a c o n s U t u@ c'r�Y�I�e r i�l�¢a pE�roason�y, . .' . .
<br /> tomront�rtt to Grantor and Lender,
<br /> i�. . •- 'W. , '�
<br /> (d) to entor u pon and taica p�ian of 1f,o Prc�rti wlttwut r�rR�Y�ng tor or obtaintng the aFr.ar�nert of a rv�:+rer en�.���ng�az�� �';,M�� r:
<br /> �: . aDPoirtt a recaiver wittsout barsct,vc.theut fi�t ixin�n�mtit orr thrt GiCligaUons and without atrm-rnso meetl ng a:p s�tory 9 4 • . l�Tt
<br /> . �� rgeehrers,it being iMended th�I.L�det ehell huw thfa co:tft.v.icud i1(�sto ep�1Rt e rer.�(ver: :��.
<br /> (o) w employ a man�inp a��r.t of tAe�nY�:et tt,¢asm�srA e�i":�r�rs 1'rustoa's ovm rta�ne�In the r.-�crm st Lent�si ar 3�the nsme of �:.: :.r;. - .
<br />. E ,�i3;. , .
<br /> ;i��'. Qrantor.and ceoeive the certs,tncamaa,►saunc•r�ad�'o:4tc cf�±R>?r:Fezt�t aPPiy the same.aftor psymxz tf ail neca�sary chugas ar►s1 .� .
<br /> �'4�Ji• ` �.r,
<br /> ' t, expanses,on account of the Obiiga9aru►; � ;�
<br /> •'"`�,•' C� m Pa1►�nY suma in arry iarm+z manrtu�tr�smiui K.x1�'aSluri:Iy�I�-�der to protect tho seauritY of th�s Deed of Trust or to ra.°o xny daitwh othsr P �-.-
<br /> '.` 4 , � i.f �,
<br /> _ ,-.,�r tt�anpaymentotirttarestor�trinapa4�nthuQ�1�vrsn; � ;`'�'•,, �•::;r` ,a,_;
<br /> •.��•��,,::.0 �� �toreeto.e this Oesd�t Tn,�t J�sd:cleUfy ar nmsjud;ai€Ily vni�a direct tho sa(e of th�proqeny thraugh exercise of rita{:awer of sa.e as �
<br /> °%�4;); refererued in paraqraPn 20 harc�'in acc�o:d,v�c9 e+ith ap�t�car�i�f�or, .f`` _N,� � :�
<br /> ca �
<br /> . �`•�'' (A)to sat-0H f3ranb�Ps Obifpations agalnut am/m�uc�owad areMOr by lsnder includng,but not Itmited to,moni�,inrtrumotYts,end Qep�sit `';,;-, ;
<br /> ��fU
<br /> � accwnts maln�lnod with I.ender or am/cumrNlir_�xisting or fimue a4fiiiata of Lender,and ,.�.�{ �
<br /> ���tp axercise a!i py�sr dahw qvgiln�lo t¢Wrtrfnt undet arty atherwritten agreement or applicabie law. ::� �S �_ • —.-
<br /> . ... lindor's riahts aro cumulativo and i�suy bo o:cercisca�ogethar.separatehr,er►d in any order. Uo 4he evertt that Lender institutos en ac�on s�es�ing the .F�.,..•.'��,� -
<br /> reoavery of arry of the Froperty Iry wt�a4 u pntludgmmM remedy in en action�gainst Ciranter.Gtarttor wa.`�ras the po,ttn8 0?ar►y bort�wh3th mlpht , .:•�: ;' �.` -.
<br /> ot�ecwE9e bo required. Lendor ct I.arsdor'u dauignae may purchase the Property at any sate. Aoasadn o1 arry Truatne'e eat�ha:eunder ahdl 6e �r�r. � .�.;� n
<br /> +t .-fl..;s°,-
<br /> . aPpllad firat,to the caMo and o�qsesm�s of euetcising the powu of eat�and of ths eais,induding U�pm/menl of tha Trustae's fees a�sily Iaarr�d '.�;: • x-.f�.._-
<br /> and not to excaed lito csr�aunt which rrny C�p��«¢d for in thb Oesd of Trust.sacond.to Paymartt of tht Obllgatlons securs�heraby.ih.rel.W f?te ,_;'��,_ ;,:: : -_
<br /> ppyrnant a1 junlor trus2 deeds,mortgagao.or athur Genhoidere.and the betance�it at►l►.to the Person or persona teaatty entitlsd thereto. fis p�ope�ty '._,. �. � . ,.
<br /> .. era�+y part Lh�!me;he aotd In ena paicot,r,r i�o su o ���b ner ounlessths enU a�Proport�l�S aold o►the oDQq�ons�s palC in fu�.� �� .�_-
<br /> exerciswo of th�powar hsntn grar►md uAali rwt s:cCnguish e P�e ::l� '. -?-��. , :ti. . _.
<br /> 2p TRU37FE'S F77�FtCISE OF P�II1h'c�J qF Sd►LE�!J O�dU�.T: Upon deisult by Grmtor In Qayymoet o1 en5l ObtlSaUons sacured hrreby.tsrtdei �;..,;�..
<br /> F m
<br /> i t i ��.,�. ,
<br /> mx�dodare a11 sums sacurod ho�aC�j tmmnd!utery dua and payafsle u�d aha!!cause to be flled ot roeord a written natice a1 detault acW:¢IeeTion w seil ���..,,,. 6:s:::•.. :
<br /> yh�propetty. After the lapss ot auoh timn au then may be��u Lnc�t�Y law fot:owing re�cdation W such noUt»04 defautt,a►�net.c��t eale havi n g x�?.�:�•>:,����;&::;: �
<br /> been eiven as then requlred by law.���ata0.w���emand aZ�nt°r,ahali sefl such property.efUior ss a whote a In separate pa.�ats,and In enr c h� ,��;�{i:�.':::,:,;,�.:;..:_.�_
<br /> . ordar as tt or lender may datemino at Pu61�c aw.tl�"'to tho hi�.est bidder. Tnistes may postgone the sale at all or arry porUon of the Praperty ty► `�`,., • �"
<br /> � na the sats C ubl?e urinourtaement at the time�ni t�``;�,���� •-�
<br /> � pubilo announs»ment at tho Umo and placo of sal0.ar0 irom Nme to Ume thereaft�r may postpo Y P 4 + , ,.,;�fr�"•s• ='�"=`
<br /> stpo •
<br /> �; p laee guc e d b y t h e p ro c e d l n 8 p o�onomant Trusroe sha11 deliver to such purchaser Fts deed comrey(n9 tna propeAy,or poNon thereo?,so smd:IsuC ;:'' '���;��-�
<br /> wNhout arry ewenant or watrenty ez�rtss or Impued. ihe recfta.'3 In sueh deed of arry mattets ct"act or o t hon�rise s h a l i b e eon c ius i v e F r a o t o f L'x 9 ��, _
<br /> ss
<br /> � Wtrifufness thorsof. My petaon,Inui�id�ng Qrantor,Trustee or Lendn�r,may purchass at such ewle� �t, , ,
<br /> 21. REGUGST FOA NOl10E3: (irn�:mr roquctsta that e copy a1 any noUco ot datault and a copy c�eny noUce af sale herounCcr ba mailed to each "�t'.: ... :.•'`,.• �, :.
<br /> (rn;
<br /> ; peraon who ia a party horeto at tho uddross of such person set toRh heroln at ttio eam0 Umo and in tho sama mannar cequlred a3 thfln8h a seParatA ., . ..�,:
<br /> requosR lhareol had been Tiiatl D�/et�h auch petson. - � �'
<br /> �'�"�<<�ii'itl�.
<br /> ' � 22 SECUAfiY INiEfftE9T UUDEA THE UHIFORM CO�AMERGAL CODE. Th4s Deed of Trust shall b�consldores9 a financinp smtement and a : •. �:��;�,;,�,,;,;�
<br /> ' ' todurs fllinp pursuantto tho Drou'sians of th0 UnHorm Commarciai Codo(as adopto0 in the ata�where the naf prop�rty Is laated)ecvering t6�wres, .�,�.•.•�•. ',dn�.hr ��
<br /> chattets,an0 articfea W poraonnl proRerty now owned or hereaNcr.u".aehcd to or to be used in connoc�on wilh the Property togatha wNA ar�y�nd all , ' . . _
<br /> . � reptacementa theteof and tutd(Uona thoreto(iho"Cfiatte�o'1.and��r;ys:or heroby grarrts Londer a seeurity►Irrisrest in sush Chttta.t�. Yhe do�tor 19 tho 'S�::;,;.�.����:� ...
<br /> . Crantnr described nbovn. Tto aeeu�d partY ls tt�o Londor der,c+:y�sd abuve. Upon demand.Grantor shall make,executa end dyt��,or cuch eecurity Y *1�Y.':z.r.�:
<br /> , ��
<br /> agreemente(ao au�ch tetrtr is doflneC in said U:+�!rr�*►Commr.�rl�.,ode)ae Lender at any Ume may deem necessary or proper or raqutred to gran4 to '��'+����.�l�_ �., •
<br /> LanderepertecaeacecudtylnwraseintheCfiEti�rrc��^duponGranior'etaituretodoso,Undsriswthoriaedto3lgnnnycuchagroementasth��.,s"=r.= ���,�,��;.�,�_;;;�;;;
<br /> ' p}Grantnt. Otatrtot horobry nttthorize�Lend¢r tn r�:'�:ancing atatcments(as euch urm is detined In 9ald Unitortn CommerWal Code)w(th reap�tsz ,�:.�,(�; �;;w�:I d'�
<br /> 4;p ChnCeta,ate�y timo,w'thouttha slgnaturo et�s�r. Qrantor vrfll,however,at any Ume upon requeet o1 lsndor,si sueh flnancinp ata�mu�tr�. ;.;. .....srti� •,YL•�"
<br /> Ce
<br /> Gr�:�r wi8 pay n1101ing foos tor 9�o fitlnfl of sud��rzandng sta".wmsn�and 1or the refiiUn9 thereot at 4h�Umss roqui in the aptntoei oi l�a�er,�i i��`:.�. ' . r,,,. _
<br /> esld UNiorm Commoreiel Cade. H tha Iien a?th19 Deed of Tn,st��aub;eet W any cecurity eQ er,r.^•em4 oovorin�4he Chat�is,th-n in thm event ot any }':;� _
<br /> � d.fautt un3er thim Ouad ot Truot,ail the ripht.ti8e entl interest d�.�"u►an"a�in and to atry and�:1��!,�Chmtts�a 3 hareby esslgn�d to land�r,topethsr J,;.r.. ._.
<br /> � witA the benetit of any dopo,its or paymems now or heroatt�r�:sdo thereo}Dy Ciren:or or 1K�P.rm9,.crsc.aors or suCCessors in titto 01 Qrentor in the <<t�J::. ,. ar-=
<br /> ��. ,� .
<br /> ' PropoRy. .
<br /> ' 23. REIiMBdtfdaElilFLi7T 8F AAl10Ul1�i'9 E�ENDE�8Y LENDEW. Lender.at Londer's opUOn,m�j oxpznd tund�pneluding aMemeys'tee9 and legsl ���•:t.,.
<br /> expenses)w porfotm anY act requlred to 6e taicen by 6rarrtor or to exerctss any dght or romedy of L,ender und�sr thla Qted of Trust Upon demand, : .ti:j,��� _;
<br /> Grfsntor she11 immotltatoty reimburse lender tor all such arr.�:crs expended by Lentfer together�vilh Interest thcsreon at tAo lov�et o1 tho htghest rate
<br /> dascribed in anu ODllgaLon or the highest rpte allawed b�;asw!rom the date af paymartt untii tAe date o1 reimbursomtr�t. Thiso sums ahall be ,
<br /> inctuded in tho QeflNUon of Obtigations horaln and sta'.!�.T sr.ra�red by tho benoflclN intsrest granted horoln. H the Ob�igtdlons are paid�p?�e� .
<br /> bcglnning of pubUCation of noUee of sa�e,as hereln pravice�.�r In the event Lender shall,at its sole opUOn,permit OraMCr to pay any p . . .
<br /> ODIigaUona aimr tho baginNng ot pubticaUon o!noLCe of sato.a9 hereln prwidEd.thon,Grantor shall pay on demand all expenses�ncurrod by the . ��
<br /> Trustee and Wndor in eonneetlon wrth stUd pubflcaUon,inctuding reasonable ettnmoys'taes to the attorneys tor the Trustes and tor ths LenQer,and a . ,
<br /> reasonabto teo ro!he Trustoe,and this�cd of Trust sna11 ba security for a0 such expcnses and tees. «
<br /> 24, ApptlCA41flN OF PAYMENTS. NI puyments made by or on behaif of�tantar may be applied against the amounts paid by Londor Qnduding •
<br /> n this Daed of Trust and then to ths paymern
<br /> attomoya'foos and tegal expanses)in connection wrth the exercise ot itq rigMs or romedies dcscribed f
<br /> � ot tho remtUning Obtigatlons in whatever order Lendor chooses. •
<br /> 25. POUJ£li OF A7TOAMEY. Gantor heroby appoIMS Lender e� ib attomey-in-fact to endorse (irantor's name on a11 InsUuments and other
<br /> � documonio portnintng to tho 0�:�,,3tons or Oeed of Trust 1n addition.Londnr shall be eri6Ued,but not required,to portorm any acUon or oxccuts any . `..y.
<br /> documortt •aqulred fo bo taken or exeeuted bv Granmr under this Dsad oi Tn,st. Lender's performaneo of sueh acUon or exocution of sueF�
<br /> -. - �6��a�q.,�;���,�.b�?�f�r tr�m any QYiigation or curo anV defau►e under this Dsed of Trust. �il pawom of attomey dASCribad in this Oesd of , _. ,, _
<br /> TruSt�JO coupiod wiit�an intorest and aro irtevoca6to
<br /> 28. SU3ROGAYION OF LENDER. Lender sh&II Do suhrogatoq to tho rights of the holdor o1 any provious Iien,security inMrest or oncumbrance �' :� _
<br /> di�tugotl rirth tunds advnnettd by Lendor rogatdtess af whirtfiur thaso lions.sscunty Interasts or ather encumbrances haw b�en roteased ot record. . .
<br /> ;1:
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<br /> lPR�37!C i.FonMlionTaUno:og:e�.ine.(6/28/95)(�IB7)a7S8 Plryl9d� . . L , . _ _ ._..�..1..�
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<br /> _ . . . . • . . :'r� . . .. ,
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