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<br /> 2T.CD1LECTtON C08TS.To th�e�dent parcn'�ted bY taw�Granto►aS�ee�t°Qay Lender's ceasonaDfe tess and coste.inctueling.but not Umited to. � � *c .. `
<br /> ° s,clerks and wnsutffirtsl.wttether or not su�h amomey or�q e�nt is • � :, ,
<br /> • tess end casls ot etEomeys�ed other egenb(indud�without Rmiffitlon parateg�1 ar cem�dy under thls Qa¢d ot Tmst,' � - - :,- t:�.
<br />. . �,an om�loyee of tsnder,wt►i�are tncurrsd hy l�snd"er in ooIIecBng arilr emoucrt dva or eMorctng arry dgM . �
<br /> vfiether or not suR Is brcugRt inotud(n9.Out e�ot Qmfted m�ell t�s arUa msta tncurred on appeal.tn bantauPtcY.snd for post�judgmsnt aoite�tion � ' •.`4 '. _i ,- .
<br /> ~ � � � �actiorta ' '�: ,`�� `.
<br /> t., •� �?.9. �AE��1AL�f1EtSSE lender may t�iease Ita tMecest In a poAton ot tha PropoRll_by eP�tor�nt�sha�ll be�a i�toeobUBat�ltandsrlo�ceta� - -� . .
<br /> �- �:" ��_� i�scomeyanoa w1lho�tt efio�ti i!a UKerest in tAe�omainln9 Pwtton af tho Prope niammg ,`.. :�.'-.-r....
<br /> '� .� , �atry of ft�tr�rast Inthe Ehopo�(eYCSAt es te4�d under P�ara�apA 371�nor�Lendor be obJigaaad to re[eass any Part at the P[opaRy H Grer►tnr ' , �,: .: .° , . ,
<br /> . . .,,.4..,- � et to tha! Aton of the
<br /> �ts in defautt undor ffits OneQ o Trusf. The Hen and se w�t Y inmcest�effied�y the�sed af Uust romaln!n eHect wftA�espa P° .. . ,;. s�.4',`,,. .
<br /> �ProParty.as d e t i n o d in 1 Aa D e�d a t T n,s t.tl�e t i s a o t t h e s u b j e c t a f t l d a a r e n y P a rt f a l 0 ee d ot Reea m r e y a nee. �; � . . ;�
<br /> " � 6tOD1�7CB►?IOS7/WD V'�A t V E t i.Tho m o d t i t c a t i o n o r�v a t u e r o f�Y o f Q r a n t ors Oblt gaHona ar Lender's dghts under this F?aed ot Tcust must be - ..�
<br /> "� .`'- � ' a9ntsined tn e wdtlng�tgno9 by Lender. lender mayp�Aosm any o f B arrowe�'s or t3rer�tm'a Obi(�na de[ay or taD to exeteise arry o f N a�i g h t a or c
<br /> ` �acceytpaymer�itom tirantor or enyone othm than Qrantor witl[out cauat�B a v�aNer ot thosa Obltgatlons or n8h�. A watv°r on ons o�stan shaJ! ,
<br /> •. � �not cansUd�a vmiver anarry otf�t oacaslon. Qratttor's Obli ffilana under thts Qead af Tnist eheU not be aftecte0 H Lender amends.eom mmiees. � '',�_�
<br /> . -_',s .,'. �an9ea,tai�s to exereiss.unpffirs are le��et►Y of 8 8 0����fei�turen�i Insl�st upon�strtat Pe�r[ot�mas���arrypot�tfie ObU�o�ns shaU n�oi�b�e � . , �`._, ;,.` .
<br /> ' .� ,;._.� . =.: . �any Grm►bot.Bortowot ot thlydpa�ot y Prop rty . ..
<br /> ,. -�;:r-sr;: , �ideemedaweIver.andlandere�tUfhavetherigt�taterrytimatharoaftartolnatstuponetrictpedormenaa-
<br /> .. �� :�Q.8uBSiRf37�7'�uS�E����e death,inapiiRy,�efusal to ac!or ebsance of the Tnistee trom tha state whero tAe P�o erty is Ia�ted ar in
<br /> - - - . v CaEa the Roldsr of the Obligs�ons sfiatl desire farar►y reason ta remove the Trustee or eny substtM��w��e^8 a struusb e'���ustee f�or�s�'aidTrusEae. c f
<br /> � ---- O gations is he�e d fu11 power to apP - .:
<br /> .�N�in his p}aca end stead,tha hntdor ottho bii bY H� ' .
<br /> � =°'and the subsHwte trustee ahall,whenappatrrte4 6ecome suocessor ta ait dgfiffi of Trustee here�nder and t��ms s�become vested In him tor _+_
<br /> . ^'•t: :�e p��d otifeota of thta Qaed o!Trust witb all the power.duHes and obllgaUans herein corrferted on the Trustee. , •, •�<•4.
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<br /> ' 81. 3UCCESSOFt3 AND ASSIL�iS. Thts Qaed ot Trust sha11 ba bindtn9 uAon and inure to the Eeneftt of d�r and Lender and their respe�v� �..:.•
<br /> ' suaeessor&ass�9ns,�ea reeetvere.adminlstrators.DeBOna!represeritaUves.fegataes 8nd devisees. .� �;�� .:;�o :..
<br /> 3Z NOTfCF� 6cceDt ae oth�NVise cequ��ed 6y law,any nattce°r other communicaHon to be pmvided under this Deed of Tcust shall be tn vrriHng
<br /> . - . and setn to tha parttas a!the addressas des�r(hed tn thie Oesd a!Trust ord s�hall�bs�d sd g�tven Useaea�Net�ot tht�ee�(3�days a�fter su�ch�nctica is _ -`
<br /> � Ume.A m suct�notice so�n and eent b1►firat desa mail.pa�ge P� • �_...,;'
<br /> ' • set�t or w f�en r e e e i+re d b y t f t o p e r s a n m w h o m s u c h n a tl w le be t n g g h ron. _ _
<br /> �i. SEYEAABIUiY. Wiienever passibte.each provlston of tAis Oeed of Tcust ehall he tMe[pcetad so es to tra eHeethre snd vatid un der app i i p b t s ;�-,��
<br /> • � .�,s s��aw, If any provisten of thts Osed at T�ust violafa9lhe law or ia uneMarcea4te,the rest of tMs Qsed of Trust shaU eontinua tn be valtd and _ �.
<br /> eniorceable. ' �� .'�'
<br /> , 30. APPUCABLE LAW.Thia Qasd of Trust shaU be gav�med by the laavs of the s�whece ine peny is tocated. lfilessappiicabte law provtdas -
<br /> , . �,;5;, �e�wtse.Qra�orconsqrtlstplttejuds�tionandvenueafarrycourtsetectedbyLender,initssot�discretlan.lo�tedtntAataffite. __
<br /> � 33. NOTHlRt�PAtiiYHltiliTS. No pe�son is or shail be a 9iird�rty Eeneft�a�yof an1►Prov(sion otthia Qeed af Tn►si M ans o!thts�eed a! .__
<br /> Trust in favot of Lender are trnendad s�tey tor tAe Eanefit at Lendar.-and no thirdparq/ehati Oe entitted tQ asaume or exp that Lende►w10 waivo or �,o
<br /> ;..�_6��' oonseM m the madificaUon of er►y Pravtsion aNhis�eed of Trust.in LandePs sote disae�an. �}�g Obtlgatlora.or am► ,1 � J ��'
<br /> 39 PAE8fRVATfOH OF LtA8I111Y AND PRIOAtiY.Wfthout eRecdng the ilability of 8ortawer.tiranmr.or erry gueranto► . s. ..::,:�^--_
<br /> '°� ' • other petson(e�ceept a persoe expressty reieased in wrlUns�)for 8�e paymertt and pe�fom�ance ot tAe Obitgadons.aod without aHecHng fAe Agfib of ,•7 L
<br /> � . ,.:..�_'%` Lemdor vrffh respeat m arry PmPeRy not expressty released in wAtlng.and v�ithout impairing tnar�y way tha priority af this Dead ot Tn�si avsr the , �,._
<br /> -- -- ` `��-•, IMerest af enY person ao4e�i r e d a r N r s t e v i d e n c e d ti H�f d i r►8 suhso QuerKto the�ecoMing of thts Deed of Tru Lender a i e d l�o r�a r ry F d t o t t h ar
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<br /> - — - --. - tha matudhl of the ObitgaHons.and vriNout noUce a consertt retease enY Person Iiabfa for paymert ar per�orm a n c e ' �a.._
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<br /> Ohtlgatlon�m a i c e sny aS r a a m e n t a i m d n g t A e S e r m s o t p aym e n t o r p e rt o r man�of all or an y paR of the O�ligattans:e�cerclse or refrain trom �--,,
<br /> c,..;1 , Qxgsctaing or watve en11�or remedy that Lender may have under ffiis Oeed of Trust;axep!eG�tic�al sewrHv a f eny k i n d t o r e ny o f t h e • �:��.-.�;�
<br /> N�;:.;, O��i ons;or rateass or otherwise deal with eny reat or personal properry aecudng the Obligatlona.My Ver�on eoqubing ot tecording evidence t3f `��;;�� ^'-,.�r<.
<br /> . �; �';; am TMerest af any naWre in the PropeRy sttall ba deemed.blf�4uhtng such tntarest or recording atry eaidence thereaf.t�have cortser►ted to all ot . +,�•..;b;��
<br /> _ any sueh acdons by Lsnder. y�
<br /> � gt OgFg11.qANC� Upon the Pa ent endpeRormanca in tuR at a1f attlre OblfgaUorre,Lender will executa eed deiivar to(irar►tortt►ose dccumeMs �'�
<br /> - that may ba requ i r e d t o re te a s e a O e e d o f T r u s t o f r e c o r d. (i r a n t o r s h s l l h e[e s p o t►s i 6 t e t o Pa Y an y wsts ot recorda�on. �?
<br /> • ' 38. CONSTi4UCT[ON LOAN.�Thls�edm cn la�nd tndud�ing e�acqmuisrti�o��s�o!tand 7f�is�ed of T us sec�tu 0s a��ctlon ta�en�and ��.�`;�, _
<br /> . �: i n c u r r e d t o r�e c o n s tr u c U o n o t e n i m p ro v ment between�r e r rt o r a n d L e n d e r. {U ry m a ro d a i s.e q u t p m e�rt o r s u p p l i e s u s e d ar I�nQed ; ':".s—�_--
<br /> . R wftl b�subject to ffie tertns of a consOVCtlan loan�gree '�`"'"'
<br /> � � �•��" tor uae in the conatruation.deve[opment,or operallon of the Property,whether stoted on or oH the Ptoparty,sha0 etso Ee subjeotto the lien ot tf�fa ;,��.
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<br /> ` - � ,��i:..' Qeedof Trust �
<br /> � 99 V7ANER OF HOi�ESTEAD AND OTHEA O�IEfiPT[�1�i9. Grar►t°r hereby waivea ell homestead and other exempUons in the Property to wh�ch r j
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<br /> .. Granmr would otherwise ba entHted undar anYapPlicabte law. • `�
<br /> . det ree that tlme is ot the essence. (irentor watves cesantment,damand tor paymorrt,n����n0 ' ��-�,��
<br /> 40. M(SCELLAN�OUS. QraMOrandLen ag gn
<br /> _ . . , Oran�or.�8►e1r�Obp�gatio�na�b�e oint�an ides�ever�al.Th��ed of T�t aepreserna tl�a no�ompte�te��e�nta8ra�d un�be�iding bet�ivaen titan�r and �,`-: ;.•`���
<br /> .._ ..._l� :.�,'� Lender pertatning to U�e tertns and conditlons hereot. ` -°
<br /> . 41.JURY tAIAL WAIYER.LENDfA AND GRANTOA HEHEBY WAIVE ANY RIGMT YO TR►AL BY dUFiV IN AHY CML QCYlOI�AR(StNO O1JT OF, �r._:_
<br /> ` . .. CR BASED UPON.TN1S OFFD OF TRUST. � ":`'".�,,-
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<br /> . .• Grantor acknowledges that Orantor has reaa.w'"ideratanda,and agreesto Lc3 temns and aonditlons of thla Daed of Trust,and acknavAedgas recetpt ot � �;%yf:��, .
<br /> � . � ' ° an exact copy of same. . : . .
<br />.;.-`t� , • Datedthis 18th ��at Decenbes 199� . � ::. � .
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