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<br /> . ' . • stiaU be considered and be eHective as a finandng � .I . ` ' .,
<br /> . ?Z SEC�IRITY IHTFAESY llNOER T H E tl N I W R M1 1 C O?ffi W E R C I A L C O D E. T h i s O e a d o t T rt i s t m the stffie where the r e a l proPs r t Y i s t o c ffi e d) � .
<br /> . t statement and a BxWre fifmg�rsuarR to tha ptovisians ot the Unitorm Comtgrdal Code(as adoAted� � er with ; � . .
<br /> . ;� coveitAg fixt�aes.chattels,and arlides af P�P�Y now ovmed or hereafter attadied to u�����ch Ch�t�The�dsEtor ts - -_-
<br /> a �ts
<br /> attiy�d all�apia�g t h e re o t a n d o ns thereto(t h e (�attels'y.end Cirantor hetebY�t e d a s a ft�r e fi i i n g w a h r e s A e c t to aU fixuuas induded v�iUiin =� �
<br /> ; -� ihe Grantor�satbed aDove. This Deed of Trust�v�lf ba efteeiNe as a frnanctng staiert�m of said prertdses Mdud�n9 sald fuRUres)is siu�ated. This � �.
<br /> � �d rtdsss and is to be fited tor recacd fn tl�s rea!estate reeards ot each mumy whare arry Part filin or recordng �
<br /> , ; pre ather mfses and maY be fited in anY other appcoPriate 9 (. � :
<br /> Deed of T�ust sha0 atso be efteetive as a finandnn of ihis Oeedo���f�!I�9 s�ertrarn rela�ng to this Oeed of tnist sha�be suHidarn as a� •
<br /> , ' � ��e. A earban.Photo�aphle or other repro�c4 ����y is the Lender desaibed above. Upon demand.Gr�tor sdail Q0 � . L
<br /> .` i fu�aneing sqterreM br any of the purposes rete+�ed to in thts Para�a�• anyr � , •
<br /> rteke.execute and dedver sud�sewrity agreemerns(as sud�tertn Is definad in said Un,torm Comr�eraal Code)as��r� �'��y� . .
<br /> '1 . • n��y m propet ar requited to�arn ta Lendar a pertecte�!sewdry irtteiest in the ChatUafs.and upon C�ant�'s(ailure to da so.f.ender is auUio�izedto r
<br /> . . ���y�a�eement as the agerrt o!Cirarrtor��r h v��o f����o f�rat9ar wiil hov ever,at�anyr time(utoon�equest of Lende.r C ' ' i
<br /> Commeretal Co�)with respect w ihe Chattefa. arry y rtts and far the refiPmg lhereot at the timas�equired.in �
<br /> � � .� si�su�finandng stffiemerrts. Grantnr wiil pay ell fiGng tees for the filing ot such finanrin9 s�te�to an a rtt covering the Chattels.then � ,
<br /> the opiNon ot Lender,by ssid Uniform Cortaretda!Cade- �t 1he fien af this Deed of T+ust be suEieci Y�� �� r .
<br /> •' . -� in Ute evem of any detaul►undor ihis Oeed of Trust.el!the rtgh4�e�d irrterest of(irantor in and to any and atl of ihe Chaue�lsu ����'�o ,� � .
<br />- . . s��p3yr�ei►ts now or hereafter made thereof by Gramor or the predece � �. __•_ _ �
<br /> � lartder.tc8elher with tha benefit ol any�pa' - -- -- , .
<br /> . Grar�Nn the Praperty '' � ..
<br /> 23. R�IIlBURSBdB�1T OF AlBOUN7S OIPENDSD BY LII�DfiR. Lender,at Lendets opdon.maY e�e�d funds(tndud'ing attomeys fees ssnd tegal `; .. �.
<br /> s � to he talaen by Grantoror to exerdse any ti�i ar remedy of Lender underthis Deed of Tnist llpon demand.Grantoi _ .
<br /> � expenses)to pertortn any aet required ded Lendsrtogsthervrith ir►terest thereon ai ihe lawer of ihe highest tate desa�ed in ar►Y
<br /> siiall f�b�imburse Len�rtor ali aucA atncuMS expen bY arm7 the date at tetmmusemer�t- These surt�s shaU tre inctuded in the defutitIon oi . - -. . �•
<br /> � Obli�lon or the N�est rate alfowedby iaw ficm the date of payrtent heretn. tf the Ohllgatlor�s arep�after the be�nning of�teahan of nottca of .. .. _ �
<br /> � senued by the benefidai udesest�ganfed
<br /> ` � 06IIgaSons hereir►and shaU be af the 061igffiions after the be�nn(ng o!p�i'iration of .. _ ,.,• .
<br /> � �te.as herein{amrided.or in the everA Lender shan.at itao��►�d a�ll expenses rinanred bIl i�e T��and Lender in connectian with said p�lica�on. . , . .
<br /> � rtaHce of sats.ss herein pmvi�d.mea ar�or strall Pa Il :, `
<br /> indud�ng reasonabSe atmme�fees�to�l�e atDomeys tor the Trustee and torths Lander,and a reasonabte f�tothe Tnistes.andthis Oeed of Trust shaD be I��Y ,_:
<br /> • � senuiry for all sueh expenses " .'.'...�e�•i•,
<br /> • ?A.APPUCAT[ON OF RAYAAENTS. The Trustea shallappry the�aeeeds of the trustees sale.ftrst.to ihe costs and expenses ot exerdsing ihe power af .',
<br /> • rd of�e Truslae's tees actuaitY inamed nm to exceedths amoum whieh rrtay be provider!for fn the Ueed of Tnist. ;„�;.��.
<br />- .. � sate and of ihe sale.indudmg th s p a7lrre or ofher Genholders.and ihe ;� _
<br /> s e o o n d t o p a Y►rt ent of the obG g a Uan seaned el�e�d t h�e r e t oTrus�thfrd.to ihe paym�nt of pmior deeds of trust.mortgaSes ;•�
<br /> balanoa,it any,to the person or perscn e g a l l y
<br /> ��=",�'�:
<br /> ` ' 2l� POWEA Q'F Al'f�RNEY. Grantor harehy�in[s tender as Rs aitoraey-indap to et►dorsa Grantors rtarte on aD(actio��n or exewt eenY�oau�M , _
<br /> " pertaining to the ObGgadans or Oeed of T�s�. n addNon.Lender�����n0�requIred,m m�arry ;':�'y.
<br /> .=. • �ied to be tatm n o r e m�d b Y Q�r��r t h u O e a d o f TrusL Lendetspedwrnanee of su� on or exea��on of suefi deuune�s shall nat ,� `: � V.__
<br /> . relfave(irarrtor from anY Obligatton o�aue anll defwit under this Deed of Trust Ail pwers ot atuomey d e���Q�d�T��C O U���� ", ' � . '--�-
<br /> : Uneresl and are irrevoeabie. �'�
<br /> ` t;f. ,Q-
<br />:� � .� �. SUBRQ�iATIOH Qf LENOER. Lender shall be su6cagated w the ri�ts ot the ho i d er o f arry p r e v f o u s tl e n.s e c u ri t y r i r rt e c e s t o r e n c u r�r a n c e ��.
<br /> A _, .�;�,.
<br /> •f,�
<br /> m s c h a t g e d w(t h f u n d s a d v a nced b Y Lender re�r�ess of whetherthese liens.seaulty hrterests or ather encumbranees have 6een reteased of record. !
<br /> !?� . C C L I E C R O H C 0 9 T 8. T o i h e e x t e rt tpemmttedpy law.Cirantar a�ees topay Lendera reasonable fees and costs.inclu�ng,but not l i n i t e d to,f e e s . . � ��.;�;,;��r;t;
<br /> -� . . . .
<br /> a�nd wsts of attameys and other a�ents(+nduding whhaut lim(tation parale�s,derks an d w n s u�a n t s).w h e t h e r o r n a t s u c h a ttoms y ar�agent Ls an ...._.--.:_..�;a :
<br /> eqplayeBOfLend�u���g.6utnolUmit�edtod,yallenfee�sand��ingau�redanePpeal.tnrbanloupt9�dro►Post�d�M ueWonaGions� ttrerornat ,.-��,}:.
<br /> ' suRislxougM. ` . .�r'::�ui:.:.
<br /> ;' , and recormn one or more PeNal Deeds of ��;;;,^,,'�..
<br /> ?8. PAR4IAL BELEA8E. Lender rray reiease rts irrterest in apo rdon ot the Pmperty bY exea�U�9 pat -
<br /> � ' Raeornsyanoe��1�������iunder Pa�rapNrnagp hP�38 or°as�imy�bePolhsrvNfse re�i ediby t w�j nor shal tllenderibe o�i ngat�ed Uo�relea�se a�ny�Dart . •�:''••: ,�
<br /> irtterest in th pen5►( P� � 7 �(ty ' .' '�
<br /> ,� of the Praperry tf(irantor lsas deflned n t�he Oee�d oet Tr�ust,tiiat is nollhe subjea�of thls or arry Pa�i'tlaldObeed of R��mreyan�rt�atn in effeet with respeel to :
<br /> that portion at the propenyr• �., ;
<br /> `. :•.c:;
<br /> � � 7g� MCDiFICA7103J AND WANEEi. The►r�iflcatfon or waiver ot a►ry ot(irantors Ot�Ogatlons or Lendefs d�ts ueder t�ts Deed of Trust musl be � ,,Y;;•:;k,.
<br /> contalned In a wdting signed by Lender. Lender may pertcrm anY ot Borrawer's or Cirantor's Obiigatlons,detay or tau to exerdse ariY of its dahts or axspl
<br /> • piyme�s from Qrar+tar oranyone other than Grantorwithout causing a waiver of thase 06UgaUans or�i�ts Awatver on one oonsion shalfnat eons6tute !:� -'
<br /> I a watver on any ather oxas(an. Q�rs Obii ons under ihls Oeed ot Trust shaU not[�e af(eded iflendet a►r�nds,oo�rNses exdtang� fa�"(s to r.. ',�'.i•
<br />- exerdse.ir�airs or reteases arry of the Obt1 ons betong(ng to arry arantor.Bortawe y r 1hird DartY�ar�anshall no�t�deemed a wyatve�and t��ende►shall ' ' . . ��:�=-
<br /> thlyd party or any of the PropeRy. l.enders fafture to insist upon shict peAormanee et an of�he 061i �.:s�;.
<br /> . hsve the rlgM at anll t►rre thereaftar to insist upon striet peAormance. ' '?-^°°
<br /> ::::3�:.-:
<br /> • gpi, gUggTfTU7E TRUSTEE:TRUSTEE UABILTiI:CONIPEN9AT[ON. In cass of the deffiA.inabiliry,retusal to acl ar absence ot the Tnis[es ham 1ha , , .,
<br /> smte where the real property is►ocated or(n ease the holder of the Ohli lans shaU desUe tar any reason to remove the Tn�stee or anyr substlnrts wstee as • .>�'y'�'.
<br /> ''.± trustes hereimder and to appoim e new trustee In his ptars and stea�the holdsr of the ObIlgaUons is hereby�anted full power to appoint in writing a , ; _.,�.
<br /> • '� subshidite m�stee tor said Ttusteo,and ihe subsUWte trusUee shaU.whzn appo[nted•hecorr�suacessor to all d�ts of Trustee hereunder and ihe sane sfiall . ,.�
<br /> be�qrr�vested in him(arthe purposes and objects of this Deed o(Trus1 with all the er,dutles and obligaUons hereln oonterred on the T�ustee.Trus[ae �,�
<br /> ' � shafl rtot be tlabte br ar►y ertor ot(ud�e rn or act Qone by 7rustee,or be athe se responsibie or aaoumabte under arry eireumstanoea whatsoevec . • �:�aa.
<br />� !.', Tn�stee shall not ba personally Uable in�se of emry by it or anyone seting by vlrtue o1 the powers harein s�anted it upon tlie OeIed of Tnut br debts � , _
<br /> co�d o►tlabiiity or damages inairted in tha mana9ement or operation of said prertdses. Trustee shaD have tha d��In�o fatth to be��enulne. �' '
<br /> . dowmerA or si�ature authorizing or supporting any aetfon taken or proposed to be takan by it hereunder or belleved byil d . . . :
<br /> •� , � Trustee shail be errtitled to►efm6ursemerA tor expenses Incurred by tt in the peAo�oe of����s Truste�e herewde►�and breirrdsur�e Th+stee for�d � , _
<br /> f;� c}gs seMces hereunder es shall be rendered tirantor will,trom time to Urre.pay rr�e t
<br /> :i, ' save and hoid fl hamdess fiom and agalnsl any and all loss.cost.Ila6lfity,damage and expense whatsoever incurred by ft In the per(ormance of its duUes. � � .
<br /> •f � i All moneys reeehfed by Trustae sha0,umil used or ap�lied as herein pravlded,be held In trusl tor ihepu rposes for whlch they were recehred,bu1 need nat . �_ '
<br /> . � � be se�egated in any manner irom eny other moneys(except to the extem required by taw)and Trustee shall be under no IiaDilily tor irrterest on arry -
<br /> � moneys reeehred by ri hereunder.
<br /> . � ! ��u�a�i�s trustee�rece��re s adrtdnsUato�sTpersantil repres�erttatives/ogateesnand devlsea�s.nefit ot Oramor and Lender and ihelr respeqiva �
<br /> � .. ; 82 Nd710ES. Except as otherwise required by Iaw.any nnlice or other comrumleatlon to he pravided under ihis Deed of Trusl shall be in uurlUng end serri �
<br /> to the parties at the adrUesses desai6ed In this Oeed ot Trust or su�h olher ad�ass as the paAles ma desi�ate In writing trcm time to Ume. My such :
<br /> , , no�8 so�n tc whom such no�tl�is being�ven 9e prepald shall be deemed given the earlier of three r3)da}rs after such nollce is sem or when recetved ,
<br /> by pe
<br /> I�,g�y��sl�o ct th s Deed of Tnist vlolates the�tavi o r s unen orceab ar the rest ot the Deed�of Trusi shall�entinue to be va�ild and entoAr eablee state � - -
<br /> :.r � . .
<br /> • � � o�therv�ulseuG aBntor wnseMS to9the jud�sdict on and ven ue of any w�urt seleetedf by Lender.�in its sole ms�aetion,Iocatedn tdhaustates applieable law provldes
<br /> � 3r� MlSCELLANEOUS. Orantar and Londer agree that tirr�e is o}the essenoe. Grarttor walvos pressrrtmen�demand to►payrrnm,notiee o}mshonor and I �
<br /> � protest exeept as requ�rad by law. All references to Grantor in this Deed ot Trust shall indude allpersons signing 6elav�. It there is mora than ono arantor,
<br /> � � � their Obligations shall be io�m and several. This Oeed af Trust represems ihe corrqtate irrtegrated understandng between arentor and Lender pertafning to �
<br /> •' ' the tertns and oondrtions horeot. j • •
<br /> � 38. NO 71iIR0 PAR7Y RIGMTS. No person Is or shall be a third parly benefldary of any rovision of this Deod ol Trust. AO provisions of lhis Oeed ot ` � .
<br /> �nsent to ihe dfleation of any p ovision o1 ihis D d o�}Trust�ineLo dors sc�lerd�isuQ►Ien���entitled to essume or expect that lender will not wahre or
<br /> i
<br /> 3T. PAESERVATION OF UABILiTY ANO PAIORiTY. Ulfdhout aNecUngthe Iia6iliry ot Bortower.Grarrtor,or any guarantor ot the Obligations,or any mher ;
<br /> person(oxeapl a person axpressty releasad in wrlting)tor the payment andpeAomanee ol the Obl�tlons,and without aftseting ihe rlgMs o1 Lender with � .
<br /> • rospect to any Property not axpressiy released in wrfting,and w�ihoul irtmaidng in any way the prio' of this Deed oT Trust over the imerest ol any porson �
<br />-'''��+. acquired ot flrst evidencad by reoor�ing subsecweM to the recor�ing o1 ihis Deed ot Trust.Lendor may,either before or after tho maturity o11he Obligations. .
<br /> • and vrithout notice or consem:reieaso any Person ot he Obii t�ons:exe�d e ogr hain irom exeyeips ng ur wanteia�nY nght o�t reome�ti�at L.anda►nmay f�avo
<br /> temu ot �yrrem arperformaneo ol all or any part ga lon .
<br /> under 1h�Deed of Trust:aaepl additional security of any kind tor any ot tho Obligations:or release or otherwise deal with any real or porsarta)ptope�
<br /> � - sea�dna the Obligatlons. My person acquiring or record�ng avidenee of any interest o18ny nature in tAe Proparty shall be deerrod,by acqumng suc
<br /> ' irderest or reeord ng any o+ndonce thereof.lo i�eve oon�ented ta a!ar ar.y sw..^'e�Clens hy!?�der . _... _ .._..-_.._
<br /> ..'�. wdqBSms � .
<br /> � N£DOTD Reir 297
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