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<br /> � {3, ���p�p'c3 C1{�y�T i'U C(;�!!.!4lE�iGE OA QEFENi1 l.�(iAL AC970N�, arantor chnil Irmiedtnto�y provido Lcndcr wNh�irittEn notico 04 nny aciu�l nr
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<br /> �defsnd suchpacliona,�isults�or other I�yai�ceodin Q��and ta eonYrromisa a I�ettle�y Gs�lm orcoontrovo►synp�ot halnin�g iharelo.L ondor sthall�n�Ba Ilab�o to
<br /> (irnnta fa any a:tbn,enor,rrr�tnke.om�s�on a�°lay MM�nlng to�ih�aetbm deacdbed In Ihie poragronh or eny dvn�i�s rosulUng thorohom Nothlnp
<br /> . •� contelned horeln will prevenl Laider from taking ihe sctlono dasaibod in thle paregraph In li�o+nn name.
<br /> t4. INDEI�IIFICA�ION. �end+►ahell rrol aswme or bs rospons(AI�la the a�rtomnnce of eny���h�L��1�I����f�����racta��oHicw�
<br /> � eny dreumatanc�s. l3ranta shdl Irtrrwdie�Ny p�ovld�Laid�r wlth wrftt�n nojla e�end Ind�rml ex nses),causes of aclion.ectlone,ault�end �'�.'�t'.
<br /> cmSt:oyc�a�nd agente ham�{esa Irom�il dNme.danw.gea.Ilabillllea(InGudinp aitomeys'teee and lepal P° :
<br /> oth�r lepel p�'.MCYn4e(amu�a?��Y"Clalr►�1 Penelnl to�iie Propariy(Indud:np,but not ft�a t�y'!NS I!(jAI 1�pe�B�S 811t101hH coa�is I�ncurtWl Ifl �.
<br /> ,, � Y,y��Sq�Nf�Of LMd�►.shaN hln legel counsN to de}�nd�d�r hom tuch Cldrt�,axi PsY
<br /> punnectlon thoraw8h. In Ihs altemativs.Lender�hail be enti�kd to on'p4oy Ite owr�Npel counal to d�l�nd�uch Clwfms et Orantor'�coit. Orantor'� Hi.�•.
<br /> ," p�I�gaUon to�ntiemnity Lende►under thle paragreph shal�suru!ea tho tcm�inatlon,rol�ase a foroclasuro at this Qead ol Tr�st. • r
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<br /> ,,.,,,.,.•� 16. TAXE9 AND ASSESSMENT9. Cirantor sha0 poy NI inxos and eausurontn relatinp to Proparty when d�x and Um�stNately provide Lend�r
<br /> �.:..
<br /> ._ 01 Paum.taxe�asseQSnurxmta�pe►talnlnt lsndo�.P`�yeh��ae here sdno de}aun theae artqurtte thall2be�appitedtto Ih�Pay►mml ol tax�as�, M1'„z:N
<br /> a g the fundt co h�id to
<br /> asiesam�nts ond Insuranoo as requfred on tho Propony. !n iho event af defeuN,Londer shall have ths dgh1,a1 ita aole optlon,to apply ', :�-�
<br /> • pay any texes or agelnst the ObNgatlons• AnY tunds applisd rtny.ai Lender's option,b�eppiled In rovorse order ot tha due dato thoreot. .'t-=
<br /> te. It�8PEC710N OF PROPERTY�es�Rremo�r'6�b oks sNnd(��Rpertalnl g toriho�Properiy from tinB to tin ot�Oranto shal�provtde any a sist�an� �--
<br /> + end exartine�Inspect and rt�ake copi �
<br /> required by Lendor tor thew purposea. All oi tha sl�nturoa and Informatlon comNned In Clrantor'e booka and racords shtill be genulne,irue,A���onall d
<br /> � oor�lel8 in ell respecis. (iranior shall note the ex stenco of Londor's benofldal Interost In Ite books rind roenrds panaining to tho Proporty Y�
<br /> ' GranttN�hall tepoA.In e form satlsfactory to Lender.such inlormatlon as Lender rrey r I e�61t���hry�ti�°�y e��ti��r�y��t� �p
<br /> ' IularraUco dhall 1»ta s+�h P°rfods,�I roflect Grentors roaords at cuch 1lme,end �ta If L�e►xlsr rsqueats.
<br /> ,� fntam�t!nn iumisiwd i+Y Grsntor to Lcn�r shal 1»true.�+xurate end corrpleta In ell respecte,end�Ipned bY =-
<br /> � �• 17. E8TQPPEL CEHI'EF1Cd1'fEB, Vlfdhin ten(10)daya after sny roquesl by Londer Qrertw ehall deHver to Lender, a�i h�Obligailanrrend lb)wMthe� -` -
<br /> staterr�ant apedty�ng(a)the anstand�ng bdena
<br /> " ►i�ts with respe�l to Y�.e Obl�9atbns,e algned end admowled8ed e�
<br />- Cirerrta poasassss any ctaims�detensas,set-ofts or courrtardai sen etbn thal��Lender troy�meke to the'In e�ndod tarc�nsteree w th respect to theae metters/n _
<br /> � ' courterciairro. (3rnmar will�e conduslvely bound by any repre
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<br /> the etienllhat Grentor falla to provide tho requesled statement In a tlmeiy rmnne►• c,w
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<br />>>kr. . j> 10. DEF�1UlT. Qrantor ahall bs In default under this��01 Trust�n:1lho Trustee's power she!I beco+�op��t3ve In the event ihai Grenta, ower a _
<br /> ,„ any guaror�or ot the Obti�atlons: --
<br /> ,�?� (a) falic to pay any Obligetlon to LEmder when due: -
<br />;v-- -.. _ (bj iaiis tu�ro�������Y�•8•"•:!='��'b'e°-��""pny wartenty or covenant to Lander contelned in this Oeed of Trusi cr eny other present or tuture -
<br />-::), ` egreemetd�
<br /> _:';�;�' . ,�.� (o) deatroys�bsea a dama9as the ProperlY In eny rraterlal respect or subJocts ihe Property to selUire,euniisc,ntlon.or candermotton:
<br /> t�� �ta r.;,�,�°.,°�!�arw w othExwlse limit ks 11eb�lity under eny guaremY to Lendor ,._._ ,,.,, �,,,�,p p,�„oet of cre�tora.fails to pay
<br /><�%:s'c��•n� , In tont,ls dissolved a tomiinatetl,Ceeon�es insoiver�i������"�°er=�
<br /> .,._ . � (e) dea,bocanea bgeliy oonpe laws.has en InvGurrtary patillan in banlwtncY{iled In whidi�renta.BoROw�r
<br /> ... ,�'. . .. �.> debls as they Wcuma due,flles a potrilon under Hva Federel bankruptoY
<br />-"{, • ot eny puert�ntar e�namod�or hes propetry tolwn untk�r anY wtH cr process ot oouA;
<br />- ' '� (f) allowa peod3 to be used,tronsported or stored on tha Property,tho Pcssesslon,transportetbn,or uso ot whkh,is iilopai; _
<br /> �' F�'•••' • (9}d�,yg e1�Y�arty othor ihan Cirenta or Bortower to aeaume or undoneke eny Ob�lgalicri without the wdnen ooncent of Lender,a
<br /> =7;W����;�t,,. ' �p�) cau�ea�sndar to deern oself i���s�l�ifl��Ine!n the value ot the Proparty:o►it Lender.in good inith.for My reason,helieves
<br /> ...��,�,�; . that the prospeq oS payment Pe
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<br /> -"''''�-:,�..J� 10. RiGHTS OF LENOEA ON DEFAULT. If ihere is a doiaufl unde►tM�Oeed of Trust,lsnder shall6o mrnitlod to exerdso ono or more of the follow n�
<br />�s y=r`�;� ��ee without notioe a'de►nand(except as requlred by law):
<br />�,'1{.,�;;�•y� (a)to dedare iho Obligatlons imnedately d�e ond puyeblo in tull: .
<br /> ,.'��,,,,���, (b)to cdbd the oulntending OCHpations v�ith or without resoNng to judidel process� �Chattels conslRuting the Property at e place reasa►eMy
<br /> '�`-�'``'�' �%' (c) to rsqutro Oremor to deliver and rr�ake nvailehle to Lender any peraonel property
<br /> 1..L:N��._.���� ��to c�ranta end tandar,
<br />�r�•„a:l��;� (� lo artter upor+end teke Poa�esaim ot the PropeAy without applyln9lor u►obtelning ihe ep�ointrnem ol a receh+er and�et Le�s option,to
<br />-�.-,��,�,,,�� �►m a recehrer,xkhout bond,wilhout firet bringing iull on the Obligatlona and wHheut otMrv+lse meeting any siatut°ry�i�a r0perdln8
<br /> rooeNsra,k being Intsnded that Lende►shal�have thla conirnctual right to appolM e rnceiver;
<br /> �~���f (e) to ertploY e rr�er�gin9 89�ot tho Propercy and let�ho�^rns.elt►ie►In True;eo'e own nartw.in the nama of Lairxbr or in the nerne ot Oranta,and _
<br />--- ------ receive the rema,Inoatbs,Isaues end proTta of the Property end eppiy the same,efter paymem ot ell noceuary cherges and expenses.on aca,unt at
<br />-- the Obl�gations;
<br /> '_�,;,%�� �� ta�y�y BL���y f������d expediem byr Lender to protect the seari►y of this Deed af Trust or to cure ery detaull othor then
<br />�_,�r���i� �y��p��Meremt pr prirw.'pel on the Obiige.tlons; through exerdae of the power of sab aa rotsrerwed In o
<br />�� (p) to toredoso Bds�sed of Trust J�sdktelly cr nonju�idally end to c9rect the sale of the properry
<br />:.r�.,�»..,'�� Peregaph 20 hereof in acxordonce w11h epplk�We law,
<br />=Y�,i�:�� (h)to e�t�oH Qrantor'a Obligatlons e�inst eny ertnuNS nwed Cirentor by Lentler Indu<iap, but not Iimited to,monbs,inetruments,end po
<br /> —. accwuita melMained wHh Londer or any curremly existing or tuture e�'filiete of Len�end '�a I�
<br />=�� (q to oxxdss ell othur dQhto avaliablo to Londer under any othsr wdtten a�erronl aPP�
<br /> atet end In en order. In tho event that Londer Inatltules en action seeWnp the
<br />�:.=.�=`��1� Lsnder��t•ero cvmdathro end may bo exercisud together.separ Y. Y
<br /> - - = rocowry o1 sny ot tho Propertyby way of a ;udgrraent remedy In en actlon e�Nnet Qrentor, Cirerrto►waive�thn�osting of eny band wh�h �
<br /> s.�='�~� otherwi�e ba raqukatl. lender or Lende►'s des�iae mny purchase the Property at any eab. Proeeade of eny Trusteaa sate twreundQr ohall M e�ppl od
<br /> �'``�''�=�` Bret,to tho coats and expensos of exerdsing the power ot cgle and ot the eale.Induding the paYmenl ot the Tmstee's 4ess actually incurted end not to
<br /> -" exce�d lho ernount wh�di rreY bD P�p1fl��Q��n thla Deed of 7rust,cocond,to paymem of the Obiigations sewred hereby,third,to the payment ot p' ntar
<br /> or en thereot meY
<br />-';-"`" ,'':'}�.��^ tN��edy.mortgegea,or othex Ilenholders,and the belance.It eny.to ihe person a persons legalty omitlsd thereto. The propertY Y P�
<br /> _ . . shall ot extin I��ch c*exhau�th�powor urtnoss the ortditro property la sold�the obllga��e elp�ai�d�one or mae exerdaen of ihe power herein grantod
<br /> � �;.��1? 20. TRU9TEE'S FJ(ERCiSE OF POWER OF SdLE�?J D�FAULT: It Londer electa to soll Cirentor's Intorost fn iho Proporry by exordse of iho powar of
<br /> 4�`•' sale hareln contalned,Londor shali notiiv Trusleo In tho manner then roquirod by law. _
<br />_' � �pon rec�Ipt of such noUa ot I.anckr and at the diroctlon o}Lender.Trualea ehail causs to be rocorded.�ubilshed and de�hrered such nolbea of dotauA �,.
<br /> =i' • • qnd notip+of eale as mny thon be raqulrod by law end by thls Oeed of Trust. Trustee shall,oniy el the d�r�sctlon at Lender ond wkhout de►riend on Cremor, -
<br /> '�`�''� aRet axh time es may thon be rc+qulred by law and after recordation of auch notice of dotaufl end atter notice of sele having been glven ae required by law�
<br /> .... y
<br /> ;.C;,,�� sel�the prope�y a�tho Umo end placu ot sale fir.ad�y N In sueh notfce ot sals,eRher as wholo w In ceperate lote or parcels or ftems as Lender shall deem �
<br /> - _,. •• -r onei fn such order as ft maY detertNne,ttl�ublla 9uctlon to tho hlghebl Wdde�tot�sh Inla� w�lu��iheruothNs pood andtsuf�dan�t�dead ort�d�eeels -'
<br /> __�__.t_ _�
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<br /> - �._ � �o,or'ns otherwise may then be roqWroa oy iaw. �rua�ea M�+����•a •�.,•,...,....-.--. _ �� .
<br /> _ •r;.. f oonveylnp the propotry so sold,but without eny oovenam or wetrenty.oxpress or Implled. The recltels In such ckwd of any mattoro or iacts anaii oe �.
<br /> � ' In thB°n��n°�u►�f o���by jaw postpon�rosels otyali o any�portion of ho Proporry�� ��tor.Ttuetee or Londor,rt13�1�%1fCF1850 8l GUCh 5810. TNSt60 R141y
<br /> , , 41. HEdUEST F��NO'fhC e'.�Grent�w re4���ng set orth he oyn atI t�he samoutime�end fn ihe snaryno�in3nno requhcd ast hough a autparaie pequest
<br /> who Is u partY he �h
<br /> - , thoreof had beon 8lod by onch such poreon. ,
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