|
:qi£i'iN1 .2�: . . . , . . �. _ .. ` , i . 4. . . ,�,i . �
<br /> _ff{,�i;��;�j:.'s.e.�'"Tt 1 '- _ _ '; • ' . •.. ' � ' �e� • � � t. , � .'?' -� i�.Y.� _
<br /> �� .��'),v'�ifk'' ' ' ..� - --'-----`- �- ��, �
<br /> . . - ' , ..s'� :.Y: .
<br /> ' � �,x:�,._�s., �1�' �� � .. . . �+ --,.;-. �:.
<br /> Z7. CpL���!T!0l��A5� To�ixtefSt p9tmiftad�aw.QrBntot egroes to pa�Lender's reasonaEfe faes sntl eosts,fnduding,but not limited to. °t` ' • _
<br />' tess artd cos[^sut attomeys and othac agarem �edudirty xritDout limttatlon paratega�,cterksand eonsuttnnb�whether or noS euch attort+al►or�g ent is ,r . -
<br /> " as�emptoya�of Lendar,K�tftolf are ina►r r e d L en det tn co l l a e Urtgarry a m o u rt t d u e ar eMorctn p 8 1 ry ri g R t or�ame�y under thts U�od o'1 TrusY. , _ -_.
<br /> vrli�ther ar not suit is bmugAL inatud;ng,but not limited tc,a11 tecs an d wsts iecurred en erppeal.in bartkrupriy.and f nr Rost•Judement eotlactlon . � . ,-..,.
<br /> e .lr.��
<br /> ae�art�. . ♦ �. .. .� �_
<br /> R9
<br /> y ` 28 PAATIAL RElEASE Lart�er may ceteasa its Uftersst in apo rdcn of fha Fropartypy exewtIng end racordlr�ona or more ReNai Deeda ef , <. . ,�
<br /> Fteearneyanco without aHecting its Interest in the rem.�lnirty portion of tha Proa�rry l�tothirtg herein shali bs deamed to obligate L.endor to retaas9 � •
<br /> any ot(ffi{rrterest in th�Praperty(exe�pt ts nqulred under Patag�aph 38),nor shyf tAnQer b�obtigated to release any pari of the PropeftY'rf Grantar :' `-"*�°=°.=?f=-�.-_
<br /> is In delsu.k eui6er this Oeed o!Truat Tha Iten and secur��iy irtsresi ereatod dy the Dasd of Ttust remain tn eNect wi4h respect to that po�on of the � .. .
<br /> � Property,a3 datined in ttte Deed cf Trust.that is not fhs euy b jact at thLs or a n y Partial 0eed ct Racomrayanca •�' ` �; , . • �;,
<br /> • ` ag. tdp8lFtCATt0E1 A4tD WAtYFA Ths medific�on or waiver ofa�r ot Qsantorb Obligatfans or Lenders righta undar ffits Oeed of Trust must Ce
<br /> • earttatrtad in a writing stqned by Lendsr. Lendar ma3r psAorm any o!B ocrovrer'e or Qrantors t�Eti�a*1 ons,defay or tail to exerctse ai►y of its ri9hts or . , ;}
<br /> eccept pym er�from Grantnt or anyone othx than Grantor aritttout ca+i3lnn a wafver o}thoso OC�iqa�ons or dghts. A waivar an one oaxston shail , ,
<br /> nai oo n s t f h r t e a watvsr an�ury e4har oceasian. G r a ntar's O b lig ffi lons un@er t hts D eed of Trust shall not be aHected R Lender amends,compromises. _ � _ _
<br /> or a�ny of its ri hts against
<br />-- exohangas,faits to exercise,impai�s or reieases eny of tf►o Oblig32Eans betonging to arry Grentor.Bormwer or thScd party H • _
<br /> a ny G r a n mr.Bortc++rer or third p a rt y or a r ry ot 4he Property. Lendsr's taiturs to instst upon strict parformanes ol any of tt�CDS4$atio�.z shal!not be _ _—_ _ . . - .
<br /> deomed a rraiver end Lender shatl haw th3 rigM at arry Ume thereafoer to insist upon s tr ict performanea. . ,' . _ _ -
<br /> � 3Q. SUBSTfTU4E TRIiSTEE. In case of the deatin.inahitity retusa!to act ar aD�nce of tha Trustes Nom the state whore the re�J propertv is Iac�ed ` ;-_
<br /> ar in case tho hotder o?the Ohiigariona shati des:re for eny r�eason to remavo the Trustea or any subsGfiite bustea as trustee hereunde:and to&ppoiM ., . _ -
<br /> a nex trustee in his piace and stead,tfte hotder af tha ODiigffiions is ha�eby granted tullpower to appoirK in wri8ng a subsbtute troste9 tor satd ,.;, . ;s `,;,..,�:_,..,,:_
<br /> s'tut
<br /> Tcustea,and the substituta trustae shalt.wAenaApo trrted,6ewme suaessor to all dgfits ot Trustae hereunder and the same shali b2come vesttd:n _..__.__
<br /> ' � him far tha purposes and objects of this Dead of Tnut wilh ell the power.dutias and otsllgations hswtn cortFettod ort the Tru3tea. t�-?�;;�u?u��_ _
<br /> � 31, $liCC�SSOAS dND ASStGNS. ThIS Deed af Trust shati he bfading upon and inure to the bonefit of Grantor end Lender and their respecth+e -_":=��; ,i:_. _ —
<br /> s�axessers,essfSns.Vustees,rewivera.adminisbaters,persanal reprasantatves.legatees and dsviseea _�'�Y �'�"
<br /> " 3Z HOTICES. 6mept as oth�cwis�req�irad b5t taw�enlf�atia or atAsr eomrtsw:caLlon t�he pravfded under th�Dead of Tmst sha0 bs tn wrfttn9 :.--..---
<br />.� ' and seat ta the parties at the addressas descrihnd in this beed af Trust ar suoh othsr address as ths parties may dastgnats in wriUng from timQ to - •::-- -
<br /> ttms. I�y sucn no�cs so given and sent by fiist ctass m��.P�bBe p�epai0.shait Es d°smad ghren the earlter of three(3}days after suct�notica ta - .""��`:�1;-�--
<br /> , sertt or whsn raceived�yr the psraon to whom sach naUea is t�eing piven. ``'."''�°� �°-:.
<br /> " � 33� fiEY�RA8ILi7Y. Whenever possiEte.eacA ptoutsion W this Qeed of'frust shzll tm antarpreted so as tn be eflectivs end valid under apyiicabie , . :�„������•-
<br /> s�m tzw. H any provision ot this Oszd of 7ms2 violates tha lavi or i9 unenforceablft,�a res!o!12ta f�ad ot Trust shaU caniinue to be val�d end }���=�•
<br /> artiotaeab►a. �` "•.'�'�'",.�sr
<br />�" :�.• 3a. APPUCABLE LAW. This Qead a1 Trust shaSl bs govemed by the faws af tha sta�where id�o ra�t proyeRy is toeafed. tln'�ss a�PlIcabie law ,. •3�, ..., -�^
<br /> provtdss otlterwtas,t3rantor cansema to the Jur(sdictlon and venue of arry eourt sslecfsd dy Lender,in i4s so:e discretton,ixated in tt�d�me. y,,� «F .
<br /> 3�,�1c�tiEp�, (�tor and Lender egreo thattlme is ofthe essence. Grdnmr wahres prasernmaM,demand tar paymer.t,:iai�oidishono► '��'��
<br /> ,.. ( ar�protes!sxcept as requiradpy law. A11 cetemncsa to GrantDr tn thfs Dscd of Tn,st shail Inctude aH persans signing 6��ss. ��':�:s:noro than mro `:� �''•`• �f,�_:.,
<br /> � ``Y t Grentor.their Obltgatlorra ahafl 6e JoiM end ewawl. Thls D�sd o!Ttust represerts tAa comptate integrated undos�Tr�',.c��e:�ESen(irafrtor end f?`'� ' - ' � •.
<br /> • 1 Lender persalntng to Yns terms and conditiana hsreof. ` �._` ._ �;�_. �.-•_ .:.
<br /> . . �.•�-. � .
<br /> ��+'x'• 3& NO'TFl1AD PAR7Y RIQtlTS. No person is or sha116e e thirdparty ba�rr�ci3ry of any proviston o!ttds Oeed of Trust All prov(sicr�c°,tfiis fbed of ". ....���.,a�--�``'•
<br /> �'�':`� Trust tn favor of Lender ere intended solaly tortfie benefit ot Len ed r,en��third party shall be ertl�ad to assume or expact that Lec�+xill not wairra ,._���,�"_;_
<br /> �;:;`;� or consant to tl�e modifteation of any provtsIon of this Deed of Trust,in!s^�lePs so(e discretion_ -.
<br /> `, 37. PAESERVA?IOH O�UABIUTY AliD PRIOAIIY. WMout aftaeting tha t!ahilily of Lortower.Ci�antor,or arry guaraMOr of the Obtlgations.or any �j�_,fi-,
<br /> , F .� oThet petson(ex�ept a person expressry released in xrrit(ng)tor tlte paymer�t and pe�f�:snanee ot ths Obti allons,end withaut aifectlng ths rtghis of r �
<br />, `�.i'.- Lender wHh respect to any Property not expnsslY rct'�sased in writinp and without ir,�alnrtg inarryway Ure Pdorityr of thie Oeed of 7rust ovar tha '.�� ,---
<br /> IrKerest uf arry person aequirad or firsi evidenced by rocordIng subseryuent to the reoording of ttiia Daod oi T�us�LenBar may,e'dher beforo or aft�
<br /> ,., � t h e m a t u ri t y of the Oblt g atlons,and+erithout notice or cons�r�k releass arry pereon liebls tar payrttart!or peKarmancs ot aIl or erty part of th9 . ,�.
<br /> � Obttgarions: make azrysgreemertt alt�s�^g the tertns ofpaym erK or ps r t ocmance o f a i l or arry p a rt o f t h e O b O a a U a n a:e x e ro t s e o r r e 4 r a t n f r�m s'; .._• . y . �:�..� ,�
<br /> exercisTng or waiva afi►�igh3 or rem��at Lender may havs under ths Deed of Trus�accept ad�itlanat searf i v ot arry Mnd icrer�y of ths ��•�+-r�,'�_�t�"� , :. .
<br /> o 1 l t a t ry r e a l o r p s r s o n a l p c o p e rt y a s c i u i n t h a Y 9 � ���.
<br />�•_�t:r� 6 b l tQa t tona:or rs tease ar e t w ine d�a i ag C h D e O b l i e U a n s. A n p e r s o n e c q u[fl n o r r e o or�:. erldanco c� y,..ti..,.., . ��
<br /> . ar ry frttmcest ofarty nacu�:h the Property ahali be d�ed,by acquiflng sucb iMtrest or recording arty eridenos th�nat.to tfaw consnmd to�.'l cr, � ' '% �•';i".: �' .
<br /> anysuchactlorr9oyLenCer. ..�,.,�.:n";f:.., -
<br /> 38.Q�FF.A3At�ICE Upon the pavmer�t asid per4orT.a.�a in full of al.at the Ob11 atlon�,Lsndar wifl execute and dx::��r�ta t�$a'~.•r�e doaumerita � `�� "---
<br /> p �� �"•i, nr,
<br /> tlsa3�sM�C�a tetsuired to relaase thfs Datd of T�ust ot�eccrd. Grantar shatl be responslb!s to pay nny�af reoord�=:-t .. �t,aky .,� � .:
<br /> .. . 3'p. 0�'i7.9�UC7t0Yi LOAH. This O�ad of Trust is a oonstru�an moKgaye under the UniSarrn Ccmmaei�l Cods,to wcvro am obOpaUon �;?,..�z`'�f,, ,
<br /> i:saura4 tat the con..^trucHon at an�mprovement on land.inctudtng the asx�aisiUon costs af land.Thts Qeed of Tmst securos a consCUC'.,�n iou�.and R �i tf t,r .-�-•
<br /> � vnT.Cs s�ject to the tartns of a construatlan laan agroemeM 6etwaen firantar and l,sndsr.My mat4rias,equipmorrt or au pi;es used ot ir�ended tor ':ti�•:
<br /> . uso In L'w eonstrueUon.deveiopment,or operaton of ifie Property.wl�ether ctorod on or off Me Pcop�Ry,sha11 atso be subPeat to fhe tien of thts Dsed � . l;; _,�
<br /> of Trust. '
<br /> � s0.WAIVEEi OF HOMESTEAD AtiD OTFIF.H��I�T I O H S. Grantor hero by w a ivos�1 1 h a m a s ro a d a n d o t t�e r e tt em p Uoas in the Pro p a ri y ta vfiich ,�.' ... •��t.','�;.;�•..`..•
<br /> (irar�torvroutd otherwise bsen�U�d under arryapylicabls law. ''
<br /> •. 4�.�,,c}y Tp�W�p, �p1W'i0S3 E�EpE�Y WAIYES AHY RIaFiT TO TRW.BY JUAY IN AliY CML ACROtJ ARISlHfl OU7 OF�04t BA.gED `�•°: 7''°'L���
<br /> UP03$4i`ll9 DEED OF TRU9T. ���;-
<br /> � .�? . „
<br /> 4Z I�DiTtONAL4EAMS: �.'�-:�•s� -.
<br /> ��, . .
<br /> - �'��� -
<br /> �. ,:•.
<br /> ;,. ,..,
<br /> . '"�-,.�..•;
<br />_ __ ' 'q.Rr��Cf`.'!�r1Y5
<br /> • `���, ';v)'t:' ..}�r.
<br /> . �d'r.,•�,."i-.'•�,. . �
<br />.. . . •�,Ri`•,:r�:'.'. —.
<br /> _ , ",;��:,'
<br /> . . ��q�-. . : ..,
<br />� � `'Y Qramor ackn�Mrfnd ��at Qrantar has road,under:�:rJs,end a ree9 to tho torms ar:�oondiUons o1 tAis�eed ef Fr,�,and acknawledges roeelpt ct `,`' ' "'��•�,;�� �_-_
<br /> :<'; an exact copy ot ea�a g • .�h�Pt,�1R��:,t%• i�-
<br /> . ' 4�*.�
<br /> p��,/3 �3rd d�yof Daa�mb�r. 1996 .. .,�: °�
<br /> ID �ti?s----�.,�.-,.-._— ;�
<br /> . ff�=!"iis::�.." -- - =.� -
<br /> rr•��
<br />� . .t .:f�{tp„�'.��,
<br /> ��0� Jeauniam Y Sicklez a�o� ,�;, .. .^�t� :.
<br /> . :a•��i,.
<br /> . ,/ . -4'.;�it+:;.,.:,!_.v�±ri'-�,r--
<br /> �� � Q �_ .��,�µ.�K
<br /> , `
<br />. . . .�`��. t�v�
<br /> GRAHTOFt GMHTOR .�*. —_.._
<br />. . �ia�.'1��i�.�?a,��
<br /> .. v n.��: ��,-. _
<br /> . .. �;�
<br /> • . . �a
<br /> . • C�i:
<br /> � GRANTOR: GiiJIFtiOft _' �
<br /> , '� _. .
<br />' GHANTOH: �: . -----
<br /> � GRlWTOit ' � "��
<br /> IPf�E3110 f FOmiACOn TKnrrolt�c�,�nG(B/28/8� (E00)637.'l7B9 Page O of B • � . , r' �
<br /> __., .. .. . .
<br /> ' '`.� . . ; � _ • . . - :. . , .. - � . . ... - - ` .r. - ' ., . ' .. .
<br /> ' '
<br /> • . � ..r� . � , .
<br /> . .
<br /> . . ,
<br /> . . .
<br /> :' ..- � � . . . -. . .. . �.. . . . . :�. -•.•_.' � .:r .- " . .... . . . . � . . .. .a . . � . .
<br /> . .. .. . t. . •. .. . . . . _ _ . . . ... _ . . ... _....
<br />
|