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<br /> ��' 13 LS�IDERS RIGHT TO C09L'�tCE OA D�,9 tha P�ro� C3rartor�hereby ePPcims�nda�r a.�s hs�tamey n-taa to cammerirt ce.�Grterv�ene�d . '=.
<br /> , . . ,E ��e����,suit,or othar�ooee�n9 �� se or daim or oontrovenyp�rlaln�g the�. �der�nat ba Gable to .. F?-.' �
<br /> • ; �r�►a s�cn awons.s�►rg.ar ou�er��ooaee�n�d���u����a�n uus para�apn or aay�s resultU'9 theretrom NoUdng C� - ---
<br /> . -�.- . ��� Qraunor ior any seeun.eROr.m�aice.a�3sslon a ����,tn ns'own name. � .�__ - :.,..�
<br /> catRaiste6 Reteln wm�event Lenderhom taidng the ae�lans� -. � -
<br /> �� ���"
<br /> 14.lKDQBtdfftCATldN. Lender shaa nat assurre cr be cespansihte tor the par[om�nce ot any of Qr�tars o6ligations with�esoect ta the Properry under � . ti.: � : .. .
<br /> , , , arry dreutrstanoes. Grentcr shal!Imro�tety Pro'A�Lender with wrtaen noflee ot end indertndy and hold Lender end its share(rotdera duec0ors.offieers. p ` . •
<br /> Qm�oyeas and a�rrts hamiess trom all dat�.�a�s(��9�meys'tees and legat e�enses).causes of adion.ac6ons.suits and .� � .
<br /> � ' other Iegal proaeedin9s(wt�itvety�Claima�P@r1a1�1n8 to the Ptopetly(fndu�n9.h�A�tot QMted to.thcse irtvotving Fiardedous M�ertals). Orarttar.upoa � ,
<br /> e ses and other oosts inwrted in � <_. �, ,, `_
<br /> 4�e caquest ot LenEaf.shaU hice legai wunsel to�tend Lender tram such C�aima.and pay the atromeya tees.G�al xpen
<br /> , .: �on iherewith. In the eliem�e.lsnder����t h e t��+t�k r t.w t 8 a s a�eors f o t e c l o s t u e o t t h i�s Da d of Tr� �`c�a.rtors�. c�ra�cors � .
<br /> . pW(gffiion to In�rmity l e n d er un d er t h s p�a�t+ - . , ', .
<br /> � 1S� TAXES AND A3SFSSQ9B97T8.Grantor shallpay aA taxes and assessmems wtating ta Property when due and irtmadatery pmvtd�Len�r evidence�
<br /> 9B '.�,� .
<br /> - ` of�aymert of satr�. Upon the requesl of LertQer,Graritor shall deposit vrith Len�r aach morth one�welfth(tft2)of the estirtraied amival insuranoe • -
<br /> -_ ' -- premttun,taxes and assessm�tas pertaWn9lo the Froperly. So{c�sg as thars[s na�.lhesa emowts shall be appiied to��ds so held to =�. '�- - ._
<br /> � - assea�smsnts and insurance as raquired on the Pmperty. in the event ot detaut►.t ender sAaU tiave the d�t m its sate opuon,m a�r�y
<br /> ' , pay arty te�s ar against the 06Q g a Bons. A�I f u n d s�p Q e d m a y.at LenQefs o p t ion.be a p�ied in raverse order af the due datethensof. .��., ;` �
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<br /> • 18. INgPEC7tON Qf PROPERi11.BOOKS.RECOROS AND REPOAT9.Gramor shaU aUaw Lender or its aSents���de any�Pa�n� ��' �` ' �,, ,
<br /> ' ` artd exartdne,inspec�and rt�[�aoplas of C�rarrtafs hoo18 and�p�nin8 to the Frapertll�tirre to tUre . ..
<br /> required�y Lender tor these p�posas AU of ffia si and intomiation ooMatned in Gramors hoais and reonrds shali be Wnuine,trus,aoa+r�e end - �_-,`;"•� .
<br /> ' � c o t r�!a t e(n a 0 r e s�t s. Cirantor shatt note ths e stence of F.enda�s benefidal i�rterest in ita books and�l r a�r i t a f s fi r�d a l o o n d rt i on o tl�P r a p e r t y.�'I'he ,� , •,�=
<br /> • ' G r�D o r s h a U r epo A.N a t o t m s a d i s f a c t a n i t�L endSr.sud�Udom�ton as Lenderrt�y request r e�m8 , . < ;
<br /> � I n l o m a Uan s t 1 a U h e t o r s u d l p e r t a d s.s h a l l t e ft e c t G r 2 n ro f s r e c o r d s ffi s u d t 6 r re.a r i d shall be cendated wrth su�fr e q u er�l as L e n d e r m a y d e s t�r a t e. A I I , . ":`,, ..
<br /> � i n f o rt r e tlo n t u m i shed b Y�or w Lender shall be true.aocurate and wrt�ptete in all resP�.and s�gned by Grantor i f L en d er�e q u s s t s. . . . .
<br /> ' • , . 17. ESTOPPEI.CEA7IF[CATES.WiUlb�ten(10)days�1er atry raquest bY Lender.Grantar shall deGver to Len�r,or arry ir�tended Vansferea cf Lende�'s •-•:' -�-
<br /> , .��� d�tts wUh respeet to the ObOgatton�a stgned and edmowled�d statemertl sped[yrin8(a)ihe outst�dng balance an tAs Odigations:and(b)whelher :.:...� � --
<br /> Granfur possessas anY da1t�.deten�es. �t-0ffs or awrterdai ns v.�lh respen to the OBUgabons and ff so.the nanRe ot sucfi dafmq detensss.set�ifs or - s:
<br /> . oounmrdafrte. (iramor Nr(A be oondusively 6nund bY anf►�xeserrta.:on that��nder rtay make to the brtended transferee wfth respect to ffiese rtaiters in , �_'__
<br /> �� • - the evant thai Grerrtar fails to provide Ms requested staterrsrri in a timely manner. '�,;
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<br /> : _�. 18. O�AU r of�(��r shaU be in defautt under this Oeed ot Trwt aM the Tnrstee's power sha0 beeorre opermive in the evem tFr�Grarrtar.Bortawer or , � �
<br /> - en1►�a�nta �s'
<br /> " • (a)faAa m DaY anll Ob1�Satten to Lender when�a: �`` -
<br /> ' ;`y {b) fails to pertortn arry Obtigalinn ot bread�es enyr warranry or oouenam to Lender corrtained in ttda Oeed of Tnist or airy oiher present or iwue . .. . �,�'1
<br /> .�k�,��
<br /> � � � ���' in any mazertal respecl or subjeds ihe Properry to seiwre.cor►ftscation.or condertuadon; r`'.�,,'.,�:
<br /> � , ;�' (e)destroYs.losssordamaBesthaProperty tolenc�er . . ._.3 ., u.'
<br /> I�seeks to revoke.terrNnate or atheruulse Mit tts fiabilitY undar arry�arartty � ;.•s..
<br /> (e) �es,6ecart�s legaity inoort�eten►.is�ssoNad or tenrdrratad.beoomss fnsotvant.makes ac►����rt����fitedn N which C�raniofr.�Bo ouu�er _ �,
<br /> •� : debts as they beooma c5�e,ffies a petlibn undertAa tederal�ef►Iaws.has an Imoiurrt�Y Pet►1i �.z'�
<br /> i � % or mry�uarartn taken un�r arry wrtt or pmoess ot oourG . �':'�r=�
<br /> .; r is named ot has P�DB�'�Y '�
<br /> (fl ellaws gaads to ba used,uansported or stored aa the Propecry.the possession.transportatlon.ar uss of vrhich.is iUegal; �:�.;�;,�.Y-:
<br /> � (9)aDows arry parly ather than Cirarrtor ar Barraxrerto assurre or un�er►Y Ob�fan wilhout ihe written aonserrt a!Lender,or � fy.r� .
<br /> . �� (h) eeuses Lender to daem itsait inseaire e�e tc a��iflrartt decfu�e¢�tha value af the Properry:ar N Lender.in good t�ih.tar arty r�ason.beHeves . ,r.• f,;':�,_.-
<br /> a
<br /> � ,' 9�at the pmspec►of payrt�em or perfomenea is ir�aired � ..�._._—
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<br /> ;�. � 1� pIQ1;T�OF LENDSR ON OEPAULT. if there is a defauit under this Deed of Trust.Lender shatl ha emitled to exerdse one nr more af the foitowirtg *',.;
<br /> • ' i rert�eswiQ►out noUae or dsmand(excePl es�equlred by law�: . .,.:;�#�-:
<br /> ' (a)to dedara the Obiiga6ons i�nr�edi�ety due and payable fn tuU; � .. ,_,_
<br /> �. � • � ;� (b)toeatlaetlheoutstand�ng06ligationswitharwBhout�esorqngtojumciaipmeess: . �
<br /> `i ' �; (e) to require tirarttor to de(iver and make ava(labte to Lender any personat P►cPerif!or Chattels wnstituting the Pruparry at a�reasonabty , �;;;�-"'
<br /> • cotrventem to tirantor and Lender, . � �.
<br />, �,,�,;.
<br /> '' ' � (� to eMar upon and take possession of tAe Property without apptying far or obtalning tha eppoimmerA of a recetver and,al Lenders optlan,to , �__
<br /> , ` appoim a receiver without bond w�thcut flrsl bringing suit on the 060gatlons and wlthout W►ervvis9 mesting erry st�tmY con�tions re�ng , -. ,:;�__:
<br /> `.; • �, recelvers.it heing irttertded ttr�l Lender sha0 have this wmracmal rtght to appo(rtt a reeeiver. -
<br /> . . R (e)to err�loy a rt�ana9(n8 eSem of the Property and let the sarre.elther in Trustees own narre.In the narre o1 Lendar or a Be�on�aao�urtt ot .���
<br /> r e o e(v e t h e r e r a s,ineomes.issues and proftts of the Propeny and appry ths same after payrtent of ail neeessary diarges xpe ..:,: _-,
<br /> '. E 1he ObligaUons: � ..�•;}
<br /> � (Q to pay enyr wmss in arry tonn or rrarmer deemed expemerrt by lender to proted the soauiry of this Deed of Trwt ar to cu�o arry deteufl olher than . •`�;.:
<br /> . •.� paymsm of Irrterest or pr(neipai an the Obligations: • ,.'��`�
<br /> (91 to toredose tMs Deed of Trust ju�daily or nonju�dally and to�rect the saie ot the property thmn�exer�dse of the power of sale as reterenoed in: .
<br /> • para�aph 20 hereof in se000rdance with a�pilcable law: .
<br /> � (h)to set-otf Cirantots Otdigatlons against any amounls a+Hed Qratrtor by Lender indue6ng,but not timited to,monles,irrstn�mertts.and deposil .
<br /> � . aomunts maintained witl�Lendet or any amerrtry existing or future affillato of Lender:and . . .
<br /> •, . � � (�to ezerdse all ather d�tte avai�eb�e to lender under arry other written a�eemerh or appfteabl8 taw. . - , ,
<br /> ',. � Len�rs A��e am��ative and rt�y be exereised together,separateiy,and In any order. In 4ie svem that Lender institutes en acllon seeWng thB
<br /> reeovary o erry of fhe Property by way ot a prep�d�nem remedy In an actlon against Granter.Grantcr wahres the pasting of any 6ond which mitaht
<br /> ,,�' ' otherwtse be required Lendar or Lendels designee maypurchase the Properry at any sate. Proca9ds of m-ry Truscea's sale hereunder shall 6e appf�ed
<br /> . , � ftrst,to the oosts and expenses ot exerctsfng thepower ot sale and ot the sale,fnduding ths paymerh of the Tnistee's tees acwally incurted and not to
<br /> � exeeed 4�e amoum whleh maY be prov�ded fOr in thls Oeed ot Trust.s:cond,to paymerrt ot the 061igatlons searted heretsy,third.to the paymartt ot junior
<br /> trust deeds,mortga�s,or other Iienhotders,end the balanoe.M any,to the porsan orpersons legalty er�Utled thereto.fie ptoperty or arry pattthereot rtay ,
<br /> � be soid in one parce�.or in su�parce(s,manner or order as I.ender In ks sole e9seretfon may eleet,and ong ar more exerefses of the power herein grarlted
<br /> ishall not exUngiiish or exhaust the powar unless the errtire properiy is said or the obflgations are paid In tull. � .
<br /> � � TpUgTEE'8 EXEHCISE OF PODUER OF SALE ON OEFAULT: If lander alects to sell aramors Irrterest in the Properry by exerase ot the pavrer ot
<br /> • � I sate hereln eamained.Lender shall notity Trustee in the mannar ihen required by law. � •
<br /> . ` Upon reoeipl 01 sueh noUce of Lsndo►and at the dreetion ot lsnder.Trustee shall cause to be recerded,pualished end delivered we7�naUoes of defau� :
<br /> .`' �� and noUces ot sale as may then be required by law and by this Doed ot Trust. Tn�stee shatl,only at the directlon ot Lender and withoN dsmand on Qranto►.
<br /> after suoh Urre as maY then be rec�ired by Iaw and after recordation of such noUoe o1 detau8 and after natice ot sate having 6een givan as requlred by taw.
<br /> � sell the Properry at the tirr�and plaoe ot safe flxed by A in such notice ot sa(e,etihet as whola or in se e lota or parcels or ftems es lende►shall deem ..
<br /> • i e�ediertt,and In sueh order aa fl may detemdne,at public aueUon to the highest bidder for cash in I 1 money of the United States pa�la m the time ot
<br /> sate,or as otherwise may then he requlrad by taw. Trustee shall de8ver to such purchaser or purchasers thereo}Ra gaod and suB� em deed or dseds
<br /> � corneying the property so sold,but without any covenarrt or wartamy.express or Implied. The recitals In such deed of any mauer3 or tacls shall ba
<br /> � �ondushre proof ot the iMhfiilnass lhereof. My person,Induding,without limitation,Qrantor.Trusteo or Lender.may purchase at such sale. Trustae may
<br /> f in the manrer proNded by Iavi postpone salo 01 all or any portlon of tha Property.
<br /> � 21. REGUE9T FOA NOT[CES: Oramor requests that a copy of any notiee ot detault and a copy of any notiee of sate hereunder be rtraited to eaeh person
<br /> � who Is a party hereto at the address of suefi person set torth herein at the same tirre and in the satne manner roquirod as thou�a sepa►ate tequest thoreot
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<br /> had been fiied by each such person•
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<br /> . . �EDOTC Rev.297 4• .
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