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<br /> � 22 SECtlRiiY WiEREST UND� to the�anCO°��CNIAL Commetdal Code(as edoPrted in the state�vfiere the real praPe►iY is tordte� . . -
<br /> . sTffietr�cn and a fixune�ling psusuart now owned ot hereafter Nladted to a w 6ri used in conne�tion with tke PropeAll�S��sr wUh
<br /> _ ."_`. �<"" "_ �and ail rePlacerr�nts thereof ends��an�s�►e���'Ct�[ats�.and C3ratrtor hereby gt�s lendes a seauiry itrterest in such CRattels.The dehtnt(s
<br />-_- •- �- � the Ciwrttor�scn'bed ahwe- This Deed ot 7rust wID ba etfeeWe as a 5n�dng st�enetn Red as a fi�mire flUng writh respea to afi fi�CUres induc�d withln , t •
<br /> . .. - `.,`� s�1dfl�Gnses?is�uated. This l ,
<br /> satdp�mises and la to ba fi[ed tor record in the real astate reeocds of eaeh eo�wh��a�nd tray ha�ed i�n anY o�thega�P�fiUnB or ceoording � �-
<br /> � • � oeed ot Tn,st straU atso 6a e t f e c t l v e as a f m a rt d n 9 s t az e r re m c o v a d n g a�n► y.��M re�ing to Ws Deed o f Trust s h a D b e s�,ff i d e rt a s a ., r�. .
<br /> - `-' - otfioe. A e�rban.Phato�ePh'e or mher rePro�edon at this Oeed ot Tnut oTha s�eaned PartY is the Lsrtder das�'6ed abave. Upon dertrand.Grantar shall � . .
<br /> , g n a n d ng s t a m rt e rt l t o r a r ry o f t h e p i a p oses reterred to in ihis Paragtaapt�.
<br /> rt�ake.exewte and deGver sueh searKY e�eeme►rts{as sueh term ts defln0d in said U N f o r m C o rt m i e r c i a l C od9)a.L e n d e r a tarry tirte rta y deem , ..
<br /> � . ' �� newss�l or P�����ired to grarrt to len�r a pertaGed se�ui►Y�ctterest tn the Chattels.ar.d upon(irantors ta�ue to do so.lea d e r is eutharized to �
<br /> a�eert e n t a s i h e a�n t of C�ra�r. C�rantar heraby suthnrizes Lender to fite frt�ar�n9 staterte�ts(aa atd�tertn is deHned in said UnHorm v'�°'.r
<br /> � ` ��Cod9)with respeet of lender. . °•
<br /> to the Chaitels.at arry Uma,m'tt�out ihe sigt�ue o t(i r a r tt or. t i t a rt t a r w 0 1.h o w e v e r.a t a n y ti t re u p a n r e�u e s t �
<br /> ' , . sign sueh finandng statemerrts. Grantor wil!pay al!fifing tees for the fi l i n g of sud�finandng st�ements and for ffie ref�ingrtent oovering d�e Ch�ts.then � . . . ,
<br /> � -� ihe op i Non o f L en d e r.b Y s a i d U n i t o rt n C o rt Q r e r d a!C o d e. I f i h e ti e n o t tl d s Oeed of Trust 6e st�jeet to arry seeuritY a�ea ,
<br /> - - � --- in the evert of airy detault undar�Deed of Truo��'�t 8 ,naw o hereafter made e� reaf�r d tGrarttor or the ��pred o ssors or isuooesbsyo�ti'�tle of � -
<br /> - `- t�— - L+e t�e r.4 o g e H i e s w rt h t t t e b s n e fi t e n Y d e p o s n s ,
<br /> :�; • " GraMOr in the Ptaperry. � ...
<br /> 23` RH8'�UAS�Jf OF A6SOUAITS E�HHOED�Y LBADEH. lsnder.at Lenders o�Gon,may e�end fimds(indudmg attomeys'fees and tegal
<br /> .. Sai� .
<br /> , e�n������y a��quited to�tatcen by(irantot or w exer�Gse an)I d�t or remedy of Liander undertNs Oeed of Trust Upon demand.Cirantor - �:;�-
<br /> snau U�are�ateN reht�use Le�r nr au sud,amou►rts e�endea by Lenaertoget�erwiu►Irt0�re5,tnereon m the�ower of the highest rate deso�ed in amr
<br /> O�gatian or the highest rate aDowedby taw from ihe date af pa}m��A urrtA the date of ceirti�ursemerti 'Ihese sisns sttaU 6a indu�d m the defini�cn of _�.
<br /> � secvred by Cie beneHefaJ Uimrest�anted Rerein. U the Qh4gattons are paid after the heginnhi9 ef PWilieaUon of rtmloa of , :•
<br /> � . . . Obtigations he�ein and shatl 6e m�dt C�►arrtar to PaY arryr Part of the Obllsailons afterthe treginning of pubUeatton of .,__ - `
<br /> sha
<br />�.�� safe,as henem Pcovi�d.er in the eveN Lender shall.�its snte optian.Pe inarted hY the Tntstea and Lertder in cormeaion with said pubUc�ion, '�` � . --
<br /> �.� natice o!sa�e.as 6erefi provtded.then.�iraMOr shall pay on�rtand a0 expenses :,�_
<br /> ' indudng reasonahle�tomeys'tees�o ihe aGomeys tor tho Trtistee and for the Lender.and a reascnahte fee to the Trustae.and this Oeed of Trust shail ba � :y`• -
<br /> � � . " seuulry for au such e�enses and tees. � y,'�r-
<br /> �. 24.APPUCAiION OF PAYR7S�T5.The Trustea shaii�the eeeds of the trustee's sale.fvst.w the costs and e�enses of exereisin�the pawer of
<br /> - :! sale and of 4�e sate.indudmgt�ha payrrerrt of the Trustees a+�curted not w�xs f dthor d�eeds o(hVUSt.r�mrtga8es�or�°therr�fenhaldeis,and t�he r�.
<br /> ':` • sawn d.w P a Y m e m o f t h e a h l i g a n c n s e n i r e d E l l�!e D e e d o t T r w h. to the payme 1'� . . —
<br /> ns I�,,.'1I ermded t}tereto-
<br />'s�i . . � ' ^ b2�NIOB.1}ari}/.LD the(lBISOn Of PBf50 n�11 � - —.
<br />` �"t . ' 2a POWER OF ATIBRlVEY. (�rante►herebl►apP�i�Lendar as its attomeyan-fact to endotse t3ramofs narre on all instrumerrts and ather deaur�rrts . ,. .T•."�°-
<br /> .^f ', , pertalning to ihe Ob6gations or Deed of Tn�n. in add�ion.Lender shaU 6e erAitted.6ut not tequlred to pertortn any aWon or exearte arry duaurerrt .. --
<br /> . •� �u f r e d to he taKen or executed by tirarttor�m�r thts Oeed at Tn�st Lendars pe�em�anfee�ofma desmmed Inethis0��d ot Tn�ist�are oou�w�ith en �
<br /> ?. ' ,•;',�`� r e u e u e G r a rt t ar t ro m a n y O b l i g a t t o n o r a a e a r ry d e}s u i t�m d e►i h i s Deed of Trus1. iUl Y % .
<br /> `�: • ' irrterest and are irtevocable. -- �
<br /> us fien.securiy►Irrterest or enda�xanee '.-��'�_
<br /> -:i; � Z8, SUBRdOAi[ON OF LENDFA Lendet shall ba subro�ted to ihe rlgMs of the holder of any previo '
<br /> � � �sd�arged witfi hmds scNanoad by Lender regar�ess of whether these Iiens.secauitY frrtereats or other encumbrances have been reteased ot reootd. • ��•r;�,;.,=--.:°
<br /> � . T/.CflLLECiION COSTS. To the exterrt by law.Ciramor a�ees to pga.y��d eor��uf�taNs�wt�eU�ier�o no�t dsud aattomey o�r�a�gertA�is a�n � '����,:
<br /> ° and oosts ot mrorneys and other agents du�whhoui lim[tatlon Paralega� er or not <
<br /> 's f ' - e�IoyeB of Lender,whid�are inamed by lender caileaing any amount mre or e any risd�t or cemady under thls Oeed of Trus1,whelf� . , _�,.�.7�
<br /> ` • • s�(is 6rou�t,indu�ng.bu1 nm limited to.a0 tees and wsis incurted an appeal.in fz��•and Tor posl�ud�rem eolleeUon acdons. . .�,,�:
<br /> `1 �, PppPq�pElF1►gE, Lender may releass its Irrterest in aportion of the Property hy exeaning and reoordtng ons nr more Partial Deeds of "`
<br /> ' ' Reoarneyance wrihoul�fecting Rs intetest lnthe renelnfig pordon o14�e Properry. Nothingherefi shaU be deemed to obii�te Lender to re►ease ffiry of fts .�:. , `�;,` ;
<br /> `';-:f . .i law nor�haU Lenderi�e obligated to release arry part --
<br /> irrterest in the Pro�g�y(exaeP!as required u�r��h 38 or es may be o�th�en��uyisa required bY �, haU —
<br /> `� . �5 ot Ut9 PR7p9rly U Ci�elrtor is��d�iMn U re Dee�d o1 Tlusl.1N11�11shi101 the�BCI of titfs oI e�11y�Dbeed�R��m/8y811Ce f112it1 U18fIeC1 wilh�eSpeCl to � �,r . '.��.�,c..
<br /> _ ' thffi poNon ofthe DroDBrtY. ,. �'-
<br /> 1 � j �
<br /> �'•�`� • � ; 2g, tLSOD1FICA7E0N AHD WANER. The mod'iflcation or waiver of amr of ararttoYs Obligations ar Lendeds dahts under lhis Deed ot Twt rtusl 6a •� .-,f
<br /> eotrtalned in a writ(ng si�+ed by Lender. lender may perform anll of Borrowets or Cirantor':�OhOgaUons.delay ot feil to exerdse amf of fta rfgMs or axe_ pt "° -
<br /> paynern.s hom Cirantor orarryone olhe►than t3rante►wilhout causing a walver of those dbtigatlona or d�ts A waiver on ons oxaslon shalt nat eonstitura ':"�_
<br /> � a waivar on any ather ooasfon. Grantcr's Ob1lgaUons un�r this Deed of Tnist shall nat 6e aHepGaertdy itLender amen�dsts.wmpromises exd�anges,faits to ;��
<br /> .•�, . exerdse.Irt�ai►�or ree�s eny oLende�fali Ureto"u�is'l�s u�po9n strla p���rrran��of ffiry of fi�s Obli-�ions shsU rio�ti�e dee�mad e wy�e�and l8.ande�r sha11 , ' :. �,�-_
<br /> iNrd party or arry of th Panf► . '�� .
<br /> � have the dght at arry tirre ffiewafter to insist upon strid pertom�anae- -
<br /> -�; ;1.._
<br /> S0. SUB9TIME TR1i8TEE+Y6�USTEE UABlI.fTY:COMPENSA7tONL In ease of ihe death.inability.refusal to aet or ebsenw ot tAe Trustee hom tfie ` � .. `:
<br /> ' state where the real properry is located or in ease thB hoider ot ihe Obli�i ons shall deshe forany reason to rert�ve the T�ee o er�subsS���n a '
<br /> � 1ruyKea hereunder and to appolM e nsw Vustee In his ptaae and stea7.the hotder ot the Obiigations is herebY�arrted Daw e{�o 9 • ..,�--
<br /> �' � � substibne trustoe tor satd Tmstee,and the substitute trustes shail,when appo(rrted.beocrre suaessor to a!i ri�ts ot Trustee hereunder and the sama ehall ;;�.-
<br /> ,,.; becoma vested in him for the purposes and ohjecW of thls Deed o}Trust wiV�aif the er,duties and obOgations herein conferred cn tha Trustee. Trustaa i
<br /> � ���b��i a b le f o�eny�o r c f I u d�e M o r a c 1 done b y Trustee,or be othe se respansibfe or ecoourttable under any d�CUmstancea whatsoever. _
<br /> ' � Truscee sFiali not be pe►sm�altY 6 a We fn easa of emry by it or arryone acUng by virtue ot the powe►s herain�anted i t upon t he Dee d o f T r 6s t tor.Q e�4 4 g .::�=•
<br /> Pa �t �y �-
<br /> corrtracted or 11ahiGry or damages ineur�ed in the���n orDa*�sed to�d tpakreen�by B hereunder or 6eli�eve�d bylt In�g afeod tah i�a be.g�en�e. . :._
<br /> documertt o s i�awre a u t ha r V i n g o r s u D P o r t l n 9 ffi►Y propo � � �
<br /> �.,��� Truscee shalt be entiiled to cetmbursemem for e��or wil�I,t�rom�thna� t�h Urre�gay�r�r�ensation due T Mste�e herdeunder�en d�r e irr�ha ur�se T�tea fi rr en�d `�'�:��'f•':
<br /> e ih
<br /> . . of fts serv:ces hereunder as shall ba rendered Or
<br /> .?' .
<br /> • save and hold it hamiess irom and againsl any and all loss.wst.liabifrty,damago and e�ense whai5oever incurred by it in the pertomtiartoa of fts duUes.
<br /> Ail moneys received by Tnutee shall,urrtil used or applled as herein provided,be held In trust tor the pu�rposes for whioh they were reeeNed,bul need not . .
<br /> , � �se�e�ed in any rr�ner from any other moneys(exeept to tne extem requhed by taw)and Trustee shall 6e under no iiabif(ty for irrterest on arry . .
<br /> • moneys reoehred by H hereunder. � �
<br /> '..,. . � �����g�,uu�ees,r�eeelvera ma�rdNstratorsTp�rson��esen�taWe�legateesnandtdeHsees.nefit of(3rantor and Lendar and thalr respecUve
<br /> 92 HOTICES. Exoepl as othe^N�se reWired by law,any notice er other com►vnieation to be provided underlhis Oeed ot Trusl shall 6e in writing and serri
<br /> ' � to the paNes et the addre�syses descrihed In this Oeed ot Td shall be�ehmed dde he e�arieie�of ttiree(9)�y�s efeier�sud��^aUmms es mtoi hen er�Sived �.
<br /> .',:
<br /> .. . . . by�e�rason to wnom sueh not►� t�'nj g�ves�ea crepal . eh' • . .
<br /> ta�w.Stf�any prAo�iA�sl�o ot Lh s Deee�d o1�Tnis�1 violat e�aw o r s uneefoere��e the re�st�o�f ihe Oe�ed of Trust sha�l oonfln��ue to be va id and enfoprcei�e state �
<br /> t, .
<br /> 34. APPUCABLE LAW. Thls Oeod of Trust shall be govemed by the tawa of the slate where ihe real properry is Iocated. Untess applieabte law provldes .
<br /> '��.�� ' olhervuise,Grentor oonserrts to the jurtsrDcllon and venue o}arry couA seleGed by Lender,in(ts caie msaetlon,located In ihat state.
<br /> � " , ,� 39, MISCELLANEOU9. Grantor and Lender agres that tims is of the esseneo. Grarrtor waives presemment,demand for payrtiem.noUce of dlshonor and
<br /> protest exoepl asrequ irad by law. All rsfetenees to araMOr in ih}s Deed ot Trust shail indudg allparsons signing belaw. It there is more than ono(3rantor.
<br /> thelr ObLgallons shall he iolm and soveral. This Deed of Trust representa the oorr�lete Irrtegrated understanding between Grantor and Lsnder pertaining to
<br /> ,. � '� iho temm and con�iUons f�orout. �
<br /> I
<br /> i�"�; � � 3& NO TH18D PARN RIQFiT9. No person Is or shaA be a ihird party bonofldary o1 any ovision o1 this Doed o!Ttust. Ali provislons of thla Oeed ot � �
<br /> 1 consent to the mod�flea8on o any pto Isionyof th s Deed o1 TIUS1 io Lende/9 sohe sametion������'�to assume or expeet ttiat Lender will not vraive or � '
<br /> ; ,
<br /> ' 97. PRESERVAl10N OF UABILiTY AND PAtORITY. Without attecting tt�o tiability ot Bortower,Grantor,or any guarartcor ot the Obli�tions,or an mher
<br /> � person(except a person exptossly roleased in wrttina)tor ihe payrront and pne9'ommtan��P�aBgao1 this Do�d�of Y st ove ethe irrterotst ol�anny�porson '�• .
<br /> '!,,•�.:`�*' respeet to�ny PropeAY nm expressty released in wnting,and witF�oN i�aid �ay ►nY ;
<br /> aequired or flrst aviderieed by reeordTng subsequer�to tfie reoormng ot lhis Ooad ot Trust.Lender may.�eli�ero t�roio�nafter�the�turity ei�ihmO�b(f�t1°�e ;
<br /> � ' and wiUiout notiee or eonsom:releaso any person liabte torpaymaM or poAormanee of ell a arry part fia a� g F
<br /> tertro ol payment orperfamiance ot eit or any part ot tho Obligations:axorcise or refrain hom exercising or wanre any rtcd�t or remedy that Lender may have
<br /> � undet the Oead ot Trust:aecoPt additional sewrity ot any Wnd tor any ot tha Obligations:or rolease or othenvise deal vrith any real or psrsonal ptopeAy ,
<br /> n oro or ieoo�nq anY ovldenco hereo�f o�havo consemed to all or any suCh actians by Lontlpr turo in ihe Property shall 6a deemed.by arqulring su�fi �
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