|
. . . . • . ._r —. ' ....� .. .. . ...�... ..�" _.c3.u. '� ,.f�•o-i. � _
<br /> `�' , oi�.,: —
<br />� ._.. f. ._._�.�_-�..�.__'... . . . . .. ..__ . _. . . ... _ , _.. . _ . . `"_`,�,.t,.
<br /> , Y' f.d�(c.;w
<br /> , � � t�-2�-t996 DEED ��TRUST - Page 4 ,`�'T. _ , , "—
<br /> t Loan EVo (Cen3lnu�zf) ��--���� , . �
<br /> '�
<br /> � ' SawAty lnt=►esl. Upon request by lender,Tn�tor sha[1 executs finendng statemenb end take whatever ather action is req�ted by Lendar . � r=-=
<br /> t�p�(ect and contlnue Lender's`ecurity interest in the Rard3 end Personal ProAertY• In addition to reccrding this Oeed of Tnrst in the real , � • �'r-�
<br /> prppqrty reeord�.tendar msy,et ar►y time and wit�o�t further auttiosi�tion irom Tnutor,fi:e exscuted cou�erparls.copies or r�produt�arts at . , ; _
<br /> � trits Oeed at Tntst as&finartan9 statamanL Tntstar st�ll reimbuFe Lendsr tar all e7pan�s inCUrted in peAacting or conUnWrtg Ws seetuliy � . � ; .
<br /> ` •, In�9re5t Upon Q9fau(t,T�r sh2ll essemb!e Ms Personal Property in a manncu and at a ptece reasonabry conven:ant to Trustor and 4endar , _
<br /> ; attd meke it ava'3abie to Lender swithin ttuae(3)days eftar recalpt ot wdUen demznd hom Lender.
<br /> � �tee3es. 7he msi:ing addresses ot Tnutor(debtory and Lender(secured party).from wNah intormadon concetnirtg the security interest -
<br /> grented by tNs 088d of Trust may Da obteined(each as requtred by the Uniform Commerciai Ccde?,�es stated on th�flrst pags ot this Oeed ,
<br /> i of Tn18t - •
<br /> -- F�iTtEp Ac.i$�p�ltCEg;A7YQRAIEif-IFb�ACT. The fo'lowing provistons retating to tuAhet e55�rances end 8ttomey-in-dact are 8 part of thls . ��
<br /> <. _. Qaed a}Yrust �'-_--- r:,_. -
<br /> � z_,.�,.,..ti�_
<br /> � � Fw14�er� At enY tlmo,end trom tlrrte to tlme,upon request ot Lender,Twtor wID make,execute end demrer,ar wul causs to ba r� _
<br /> � mgde,e�cutod pr deGYeisd,to Lend�or io Lsndsfs das�gnee, and v�hen requested by Lender,Cause to he P�ed,r¢s:ordad,re!5ted.or 4 �
<br /> � rereoaded,es tt�e case may ba,et such times an�in such offtc6s and places as Lender rt�y Qeem appropriate,arry and aA sucA martgaSes.
<br /> ' I deads of trus1,securitll daeds.seaudtY a�[eemer�ts.6nandng stniemertis.continuation SlatemeMS,ir�strumen�ai turtner assurance.certif.cates, �;�,... � ,�.' - -- -
<br /> artd other docume�s es meY,in the sa'.e opinion af Lendc�.6e neoec,sary or d�sirabs in ordar to effactuate,cccnplete•petfect.t�ntinue.rn .:�;•;`.• __..�___.
<br /> � � 1� preserva (a)the obOgatians af Trustor under the Nots.this Oeed of Tnist,and the Reiated Documerds,and (b)fhs IiQnS and sscurily irtteresis •�• � . _
<br /> 1 creeied by ttu's�eed Of Tnist es fu5t end priot fiet�s an the Properiy.whethar now ow�d ar hereefter acquired by Trtutor. ltnless prohibited by ",,,;:;�'-�;��iy-�
<br /> ; :a law a agraed to ths eontrary by Lender in writing.Tnutor shati reimburse Lender tnr al!�and e�e�ses Incur�ed�n wnnection wilh the -"""""'.°'•�
<br /> maftBrs refcrred to in thts paragraph. ` � '��,��-:_
<br /> AHomey-In.Faat. If Trustar faits to do any of the things reterted to in the preceding paragraph.Le�d�may do so tcr�rtd in the r�¢tro of ', .���;�;:�3� . .-�
<br /> Trtbtor end at Tnu[ots e�ense- For such PurPoses,Trr,�or here�y irtevacabry aPPdrtts Lender as Trwtors attorrsey-ur-.5�for the p�tcse ,x��_.. .. "�...�,t'�--
<br /> of maldng,executlng.delivertn9,fil1n8.recordirtg�and d�z�cg all other things es may tie rtecessary or dssirabte.in Le-�scte opinibn,to ��� ._ � .
<br /> � accompli5h the matte�s referred to in the precedm9 P�Dh. ��, ' �:... ._w�,�_
<br /> � , FIaJ.PERFO�ZANCE. It Trustor pays e➢the indebiedness whan dua,end attti-nvise perfem-�CE the obG arts tmpossd upon Trusior undr�ths ��_
<br /> Deed af Tntsf,tender shaU c�ncecuts and d�ivsr to Trustee a requ�t f�P�ll cecomreYe.��a�st sha9�e and deilir�to Tn�s!ar sw�ble � ..'�"��`', � t"'
<br /> siRtemerds ot teimina�on of arry financing�rsir•r•ent on t3e evidendng le:�r8r��sectuity��i"•`S3�''a�s and the Personal Prop�?. AnY �•,�.3 �?�::;�;,�
<br />� tgconveydrtce fee requued by 18w Shall 0e pa:sP QY Trttstor,if permitted bY ePP6�eDts Iaw. -
<br /> ha
<br /> -• ��-.•+�c'
<br /> • D¢AILT. Eech oi the foUowing,at tlte option oF Lender,sha0 constitute an eve�t o#default(�►ent of DetaulY�undsr tfiis Deed of Tnist __.__ --
<br /> � petw(t pn�ndaptpQnr.ss. Ftulure of Trustor to make asry payment wAen due on the Indebtsdna�. •;��; _
<br /> ' ••. '� pdyy�1 p�pUfe�p�yment8, Failure cf Tr.stor witNn the time required by this Oeed of Tcust to make ar�p payment(or taue5 ot insurance,or ''�� + �„--
<br /> � any oth�paYmant nesessery to preverd kCi:ig of or to etfed dischar9a of erry Iien. .,'�-''' �` �•'
<br /> . Con�Il�nce pefaulL Fai"IUre of Tnistor to compiy with arry ather term.obtiga�on,covenarit or cond�iar►cordained in thls Deed ot Trusf,the , ,. ,�• . "� - y-,:
<br /> kote or in anY ot the Related Documents. �:.�.•S��
<br /> ;R� r�ar
<br /> � ��,qp g��men4i, pny wattartry,represerdauon or statement made or fum�shed to Lender by ar on behalf of Trusta under Ws Oeed ot TnRt, - r : rt7, E r .. •
<br /> the Not�cu"+e Related Documents is fafse or mislea�ing in any material resAect,eithe�now or at the Ume made or tumtshed. 'r�' ' !.
<br /> �S{e c i ty,�t�zUater�tton. This De=d¢S Tnist or any ot the RelateQ��ments ceases to ba in full to�e and ef(ect Qnciuding fe6.er�aG�y � _ ��::�',�' ;� --
<br /> � copai�-a1�ments to c�eate a valid a��r.r�.r f e c te d secu ri l Y�n t a r e s t o r��^?a t a n y time and for an Y reasv.."'s- - �1 l��;;
<br /> � �1f Cr tnap[yenl.y. The death of Ta�:r,the ins���:Cy of Trustot,the eppointmer�t of e receiver:�8ay p8A Cf Tn,tstot's ptopeRy.flny � ,� 1�".
<br /> a�siIInment tor the bsr,�°t ot cceaitars.�.�y type cf a:�rr.�r worfcout,w the commencement ot eny F;.,^sedirtg u.:x�anY bankruptcy or �•�•;-.;.:"�t��:
<br /> � � Iredtre�scy laws by a flgsinst Trustor. ' : .--•;�,�;• .5
<br /> .. _.��4.A.�'�•i�•�:
<br /> � • � �il�Forfeiture,etc. Comm�irr.�ent ot toredosure or torf���Droceedings,vmemer by jud�.r:�'ooeed�ng.sett hetP.rePassessfon �. ,� :: ,
<br /> r�t a}trye prC�3tj_ Hovuaver.ttqs subsecflan stvD not
<br /> _ _ or er�y e�r method.bY an1►a�tor of';.�stor or hy any govarnmental a6encY t+ga1 anY � ,
<br /> ' i�xle everd o f e o o d f a i th d spute b y Tnutor es to tAe vattd+ty or reasonabieness ot the Clairrt�vRi:.h b the baSts at the fo�acloSt�rA o► �
<br /> . aD N g sure bond far the ctaim �,� _—
<br /> tacefb"f.�praceeNn�,providad thal Tn�stor glvss Lender wriften natice of such eteim and fumishes rzsarves or a ty •,.,.•.-
<br /> .. saBsfa�tary to L.ender. �'
<br /> ��--
<br /> � Br�¢8 pft�r Ayreamenl. Arry breach by Tnistor under the tarms o1 arry other aqreemem tietween Trustor ertd LendBr that Is nat rertiecflad .� �;� :
<br /> ' withse u�v,�,r,race Dariaa Provided therein.InGudtng wfthout Umitatian any agreement concsming arry Indebtedr�ss ar other oEBpaUon of Tnnta ___ � _
<br />. tolo�:k�,�vAether e�dsting now or la ter. �--:.---
<br /> E�ePf3s Gi'f(tClinp Qwrantor. Arry of the precedng events occurs wtJ��Ject to any Quarantar of e�,y ct 1?�B Indebfedness or anY Quaranta � : ; -
<br /> . des c4 beCOm�incompetent,or revokes or disPUtes ttss valid�ty ot�cr�Dility under�enY Guaranly Cf�.na Ir.debtedness. Len68r.flt ib Optton. „, . '".
<br /> . . rtray,bul shaU not be required to,O�+n�e G.ia.^���estate to assume uncond"d!cna�y the obl'�ons artsiny under 1h0 Ouart+MY in a i�:!,� �,
<br /> martn�s s a t E s f a c tay t o L e n d o r,a n d,i n d oi n p so,curo Lt��Grent of O8f8u�L —+ �:.-'•. ,
<br /> �r In�Iy.Lender in gaod tatth deems�:1i insec�ra " t ` f�:•�.'
<br /> :;�'di-
<br /> p��t ia Cutp, lt Such a tsllure is cu.�l�and H Trustct has not C6a^.�SVen a notl�oo of e Dreach d-'fro s8me proviston ot Vib OoeO of Ttust f��. --
<br /> witNn the preCeCing tv;elve(1Z)montPss,tt may be cured(and no Eva�t ot Oets W t w f l l h ave a c c�r v l`7 f}T f U S T O T+e ft e r L e n d e r sen6s writtYn --�.-�.-.-�_
<br /> notl�oe demandin9 Cure at such tauure: (a)cures the tai,�e witNn ten(10)days:or (b)it tte cure raqti�res more than ten(10)days,tmmedialety -;•.;�
<br /> .:. , . e --
<br />� initlates s�ps sutficie�to cure the ta(tuce and ihereF►Rer canflnuos and camAtetes all r�onebie and nec;essery stePs sufACient to produce , �•�-,r-,.-rt,
<br /> comp0arx:e as soon es�easonebty practicai. '°`;: t"`
<br /> RttiHTS ALWIi REMFDIE9 ON�FAULT. Upon the axurtence of ar+y Eur-�,t af Oetault end at any tlrae fitLxeafter.Trustee or l.ender,a!fts opbon. • _•
<br /> may e�se8rry one a�more of the taoow:�dgtrts end remedtes,in adC.�:R�o any other�ighb or remealr�Frovtded by law: ��'��
<br /> �'�4'i`,:�..
<br /> • � Aecll�r�iop Won D�i�ul�A�itlo�ii�m�dNS. I}eny everd of se�auit occurs as per the terc:s dr ehe Note secured hanby.l.¢Rdor may �. .=::�.. `� •.�_
<br /> m dN
<br /> " Qec�re eD Indebtedrwss seciued bY this Oeed of Tr�II A�be dua and payabla and the same shall thereupon hecome due and payatsSe v+Shoul _
<br /> amr presentment,demand,pmtest or no�ce ot anyr t�;nu T R e r e a fter�L a n d e r m a y: ,r;�.
<br /> (a) Eithar in person ot by apsnl.�:ri or witt.ak9 bdngtng a�ry e..'�llan or procoeding.a by a rseeive�appointed by a co�at and without ` . ,,..'`'
<br /> raserd to ttw adequocY of ib securiry�enter upoo and take pas�.:�a�n of the Roperty.or any pacC``sereof,In its own name a tn a�rwme ...u;�.,;
<br /> " dt 7¢uska.and do arry acts wri�n!1 deams necessa�Y or desirctyb t�presavve tM vatue.rtrAcet�.Y�����Y�t���,�DW ;s��as�,,'',;�,t^�s�
<br /> ' ,: ¢p q�»Prpperty or Interesl ln the PrapeRlr,increase the incame trcrn the Praperty a pfatect the 5�^�tY Ot thB Pro�BAy:nnd.with en v�hON ':;�r,iY.. —
<br /> taiclrg ppssessfon af the Prop�ty.sue for or o:i►-�rwise aoltect the rents,issues an0 profib ot tRe PropeAy.Inciuding t�osa O�st�.�s and •.; �,.i:,_„��. ,
<br /> unpald.8nd 8pA%Y th9 94me.►a�casfs and e�nsos of operetion and cW'�an,tncluding attameys'tees.to any IndebfeQness sectued _ ..
<br /> by IN9 Deed of Trust,all In sccfi arder as Lentflet may determme. The entertng upon and tekinp poss�sion o1 tho PropoAy.tha Co�eetlon � • • •
<br /> • of such rents,issues end prof.b,and tAa epprica�on tAereof shall not cure or waive any deisuli a noUce of defauft under thls Caed ot Trust .
<br /> pr inyo!►dat9 any act done in ct�sponso to sucA detauit or pur3s+en1 to sueh notiee o}defflWl;and,notwtthstandinp ths eonGnuar�ee in
<br /> ppssession of the Properhr or the coll�tion, reoe�pt and appLCBUon of ronts, tssues or profits.Tru,tee ar Lender she�be ontillee to • • ,
<br />�. nxorcwse ev�yr ripht provlded ta in the Note or the Refated Documenb or by taw upon ihe occurrence of any event W dalauR.tnctudin8 the - . •
<br /> � riaht to exerclse the pawer oi sate; . � • . �
<br /> . (b) Cmmmenca an acUOn to faeclose this Oeed o1 Trust as a mortgage,appolnt a reoolrer or spedTicelly entorce any ot the cove�ants _ ; •
<br /> • . hsreof.and � .
<br /> (a) Oe!iver ta Trustee a written decteraBon of detaNl end demand tor sale and e tvAttan nodce of detautt and e�ecUon to cause Trustar's '
<br /> interest In the Prayerty to be aoid,whlcfi no�ce Trostee shatl cause b 08 duyr filed fot record in Ihe approprlat0 offloes of the Caunty in . _�
<br /> • � ; � whiCP�ing Property�s located;end ' �
<br /> � (d) VYitA respect to all a any perl of!he Personel PropertY,lender shall ha�o NI ihe dghts and reme6tes of e secured pmty under the �
<br /> No4ras�e Un,torm Commerctal Code.
<br /> • � sha11 doF siel w0h T ustc�th s Dead of Tru tT and tho Noto end suchrrecelpts and�evldence ot uxpenditu e9 made an�d s�ed by t Qeed ot _
<br /> _�� Tru3t b9 Trust&b rtlfly toqutre. ,•�e�,
<br /> . . _ � . . . �.��`
<br /> I (a) Upon rsce�pt o!SuCh notico trom Lender,Trustee 5ha11 causo to Ce recorded.publisi�eo d��ti uFr'�vnf�i i'v'$'va�si:uti t�or�a a!Q pssii -- :-- .°- -
<br /> i�
<br /> ' Z . 'tn - •--
<br /> j ' ` ��;
<br /> ' _ " ' ' ' • J ' ' . '�� . � - ' ,. - ., ' - , , . - - s,. � • .
<br />- . � , . . . . ^ . - . •... .'t,. •�'. .. ' - - � � . . .. ' .. .. ... .. . _ . . • . . _ • . . . � r: . .. . , . .
<br />
|