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<br /> t- " . ' D{EED O�TRUST . �.�.,ti����.�: `
<br /> � . � i �oan Pto i 6�05 (Co�inue� 9�'°������ .'., -�,�
<br /> � ` _ ::.� �q�rr a�;�txeaa sra�s.�me rosowr�s v�o�s�eia�e�o u�s ossa o�r�,se es a�saum►��e c�rt or _.._. . � ...
<br /> t , < MbOsedofTrusf. � - .-4 ` _..-
<br /> , ` LeetnttY A�2am�d. This Ustrumant shaA constiEUt�a seaaBll a�ee�e��1!�extarrt any o!Uie ProPedY���ar Cner ' . <
<br /> personal prop�tll.and Lender sAaO hav9 eA of ths d&hls ot a Seuued Oe�tY under the UNform Commendel Cods es amendsd trom tlme ta
<br /> �• � S . .
<br /> geq�tt4y UttCrESt. LlAon re�uagt by LenQet.Tn�sAeD�ceCttte ftnanc[�9 statemenb end ffiice whafever other aeCon is reque�d by Lender ..` ,s .�
<br /> tn ad�n to recorQ�ng Ws Oeed af Tntst In U�e�eal 4 �,
<br /> •�j to O�tecf end CoMlnue Lendefs s�►c�erest In the Re�ris and Personal ProAe�tY• - .
<br /> t�or reprodw�lons of
<br /> , . .j O�pPe�Y��Lertder maY.at anY dme end wUAOUt tutther atdlt�on trom Tnistm.file executed eounle�P�.�P •. . .
<br /> . --- - Ws Oesd af 7rust as e ftnanctrt9 sffitemenl. Tnistar shaU relmbursem mannar an�d�at a p0aw reasonabrye t�nv�eNen rust�or end� , ..
<br /> � � - � �.j IMer�1. UAon Qetauit,Tnutor shs0 assemb{e the Fersonsl Pcai o�wtitten demand from Lender. ;. ...�- `�
<br /> . . _� j and make ft avaf�hte to I.enQer wlthtn ttuee f3)daYg��D
<br /> - - -_=-—- {t46�es5B9. Th9 maling 8ddressos of Trustor(deIItar)end Lender�( useCUred t�N���COd9).e�es�sta�edto�n tt�B8is1 p��in�� ��- ._�— A -; '
<br /> ` : ' ,� granted by t h i s O e O d o f T i u s t m a y h e o b t e t r.e d(e a c h as r a q u b e d Y .�S 'r
<br /> . . of 7nst. •• -
<br /> FURTI�R ASSURANCES:A7TORI�I�aN-FACT. The touowtn9 Prov�loas�+8 to furth�esstnanoes end attameY-tn-fad ere a pert of this ( .
<br /> Qe�ed aiTiusl. __ ,.` �
<br /> R�rtteer As3uraneea At eny Ums.and irom Uma W 9me.uPon mquesf of Lender.Tnistor wN malce.�cut�and d6IIve►.cr wID�ause to ba . ;-`.°°.k
<br /> ` . made,executed or Qe�rored.to lender or to Lendars dest8nse.and when reQuestad by LenQer.cause to be 6ied.�ecorded.tefittsd.a ,
<br /> . � '' �erecocaed.as u,s cese may be.at sacn amm��.8nendng�m�e�s.�u�a6on��meys�s.tnstrum b at f�eassuranoa.m�s. � � � -
<br /> ' Q�ds otfiust.seeutitY dsed4.secu►KY agree '- ,� `r�". �;__
<br /> � " � end other documetds es may.in the sote apirdon of Len6er,be ne�y ar d e s h a b t e in order to effeduat9.comVle�.P�CO��'� . -
<br /> _ p�rv� (a)the obRgations of Tnistor under the Note,this�eed ot Tn�st,and the Retated Documenb,and (b)the nens and secudh►finerssfs � • •;•_�--�� �
<br /> �aeated by�d o the�contrarY by Le derpo writing,Trustor�sAall wi wse l.end for all casls 8nd exDensesbinct�red in Connecdo on wfth tRe ... . _�
<br /> � mattess�eterred to in thi5 Paragraph.
<br /> h Lender may do so for and in the name af ' ;x'��--�,
<br /> • • pt�a►ts�p�tr►�Fm�, it Tiustor fa�to do any of the ttilags�e}erted to tn tha P��9 P�9� • . . . -�1,-
<br /> • Tnistor and at Tnistors e�ense. For such PwD�s.7nistor heraby Urevo�sbty aDAoinb Lend�as Trustars attomey-in-tad for t�e pa►Pose .' ;�_',��_
<br /> ot making.e�cecWe9.deRvedng,fi�ng,recardin9.and Qoing ae other thfngs as mey be net�esssry or destrable.in lendefs sote oplNOn,to ..-,;�,--
<br /> ;_�:
<br /> • arxsomp�M ihe metEBrs�eterted to tn the pteteding psr8gt8Ph• psgd ppon TNStor tmQ9r thls , `` ` '`�;�
<br /> M
<br /> F1A.L PERFOABAArICE. If Tnutor pays eA 1he indebtedness vunen due,end otheN+fise perfortns aU the obQgaSOns irrtD . ,l;�
<br /> end Sh80 execute 8nd Qe8v2r to Tn�stCr suBahle ,^ � _����
<br /> ' Osed of Tnni.LenQe�shaA e�ute and deUver to Trustee a request for iW recomeYance „`' .�i,�'=
<br /> statemerRs of terminaaflon of arry flnaedn9 statement on t�e siAQendn9 LertBefs secuAh►intarest in the Rents and the Rersona�ProA�Y• �Y ��
<br /> n
<br /> reeonveyance fee requ6red by Iaw sfia0�e paid by Tnutor,ff pem�itted by apAficeb�9laW .. f 6-
<br /> �;..�h`:�`,T::;
<br /> • ^� OH�AULT.Eech ot the fo0awing,af the opflan af lsnder.shatl constltute an event of default(�vent of Default")under tNS Oend oiTnut t..` ,, .
<br /> - ;� -i Deiatdt on IndebLeQ�te�s.failure of Tnistor to mske any payment when due on the indebtedness. . �•��,r;�__�L'
<br /> � Detatdt on Othet PBymeMa Fa�lure of Trustor within the time required by this Deed of Trusi to make any paymant tor taxes ar i�urance,ar , --.�.:r-�
<br /> • ":;.-r;;-.'•;_.
<br /> ' any other payme[d naoess8ry to prevent fiUng of or to eitect dLSChat9e ot any Qen. , `""°`�.
<br /> '"s extenston af aedi►.sewrih+89�emenl.Dtuchass or �7�r�,
<br /> � � Oetmtlt in Favot o!Thlyd PMte9. Sho�ild Borrawer or arry Tn�stor default under aml loan, . a;?:.�-;._
<br /> = . . sates egceement.or arry othet agreement,in favor ot any other ae�itar or person that may matede►h►affect a�Y of Barrowers D�D�Y� .:;:� ---- _
<br /> '� Barrowers or any Trwtors ab�i1Y to�eDaY the Leans or peRorm tAeU cesDecHve obflgaUons under this Deed of Trus!or arry of the R81aLad , • ..,,.,��,��-
<br /> � Oocuments. _• ';' :: �%..:�'`;
<br /> ComyGance OetauiL Fal►ure ot Tnistor to comph�'�11►�enY oiher term,abOgaUOn,covenanl or coMtUon eonteined tn thls Oeed oi Tnut,the . .. �"'t.. ,• .
<br /> �. . S ..
<br /> Note or in any of the Reiated Oocumenb. , ,�
<br /> _ '. .. .•�.�:�r.
<br /> . AS r `k'�.
<br /> _ _ __ F�$��, pny w�ruy,representeUon or statemeM made or fiunished to Lender by or on behalt of TntsWr under this Desd of 7rus1. • .�_�,
<br /> � �t the NotO or the Reiated Documenb is telse or misteading in arry matedel resAeCt.eithet now a at the Ume mad9 or tumished. ... _.^�t�;
<br /> pgtactive CoDa�t�on. This Dead of Tnut or anY of the Related Dacuments ceases to be in tull force and eftect pnduding failure of any �L::
<br /> ;t co4ateral dacuments to create a vaGd snd peAecled security interest or lien)at eny tlme an4(or arry reason. �.
<br /> Death ot Insolventy. The death of Tnutor or the dissolution or temdnatlon o f 7rus to rs e�t e n e e a s a 8 a i n g b u s i n e s s,f h�eetl�w�� •• '�''��
<br /> TruStor,tt�appointment ot e rece[ver for arry paA of Trwtors propeAy.anY ess�gnment(or the banefit ot cre�ttors,eny typ � '`��_�°;
<br /> ' � or the commencement ol any proceeding under any bankruptcy or Insohrency taws by or 8gainsl7rustor. ;;��
<br /> Fmreqosure.FoAe(ture.ete. Commencement ot toreGosure or foAeiture praceedings,vfiether by judidal proceeding tflis s�sadton Slt80 not • ��
<br /> � ' or any olher method.bY arry c�ed�dor of Trusta or by gny govemmentei e,goncy a9afisl eny ot lhe PropeRy. However. ;^.�':`
<br /> appty in the event of a gaod faith dispute by Trustor as to the vallQty ar ceasonebteness of th0 cletm whkh is the basts of the taredosure or , s�_�.
<br /> ` �` :,� , forefeiture proceeding,provided that Trustor 8hres Lender wrNten nottee of such claim end fum�hes�es��►es or a 5uretY bond for the datm ,
<br /> • satisfadory to Lender. . .`
<br /> • Breaeh ot Other Agreement. My breact�by Tnrstor under the tertns ot any other agreemeM between Trwter and Lender thal is not rememed • -4.,,r:,
<br /> within any grace pedod provided ihereln,InctuQing withoullimitaUon any agreement conceming any indebtedness or ather obllga9Cn ot Trustar ,. ,
<br /> . �. to f.endet,whether e�dsUng now or tater. • . , ' �-
<br /> .i. _ . . ? , , .'r.
<br /> ;� Events Affee1tn0 Guarentor. Any o1 the preceding evenb occws wHA respect to any Quarantor of any of the Indebtedness or any Ouarantor -
<br /> dies or becomes ineompetent,or revokes or disputes fhe validity of,or 08bfiity under,any Quaranty of the Indebtedn�s. Lender,at its opUon, ':.,�: `
<br /> may,buf sheli not be required to,permit the Duerantors estate to assume uncondiUonatly ihe obligaBons arl��ng under the guaranty in a .
<br /> manner saUsiactary to Lender,and,in doing so,cure the Event o}Defau�. • . • "
<br /> AQverse Change. A materlal adverse chang9 occurs In TruStor's flnandal condiHon, or Lender hetieves ttie prospect of payment or . ;
<br /> �s.� pertormence ol the Indebtedness�s impeired.
<br /> � � InSeCUAty LenCet in good faith deems itseft insecure.
<br /> � qtgrit to CufO. If such a Ittiture is cur8ble and H Trustor has not been glven e noUCe of e breach ot ihe 58m9 pr0�ea�t�his DeeQs�T,tt s^ • . .
<br /> wHhin the precetling twehre(12)monlhs,it may be cured(and no Event o1 Defautt w(U have occurred)if Tnistor,
<br /> noUce demanNng cure o1 such faiture: (a)cures the failure withtn flfteen(t6)days;or (b)If!he eure requtres mo�e than hl�een(1�days,
<br /> immedlately initlates steps sufficiant to cure tfie faiWre end thereafter conllnues end comptetes afl reASOnabte anA ne�sse�q s�Ps$�clent to
<br /> produce compliance as soon as reasonabty practtcal.
<br /> qltiNTS AND fiEMm1ES ON OF�AtbT. Upon the occurrence of eny Evenl of Oefauit and at a►ry Ume thereafter,Trustee or Lender,at its option,
<br /> � may exerclse any one or more of the toltowing rlghts and remedles,in addiUan to any other�ighb or remedles provided by law:
<br /> ' AceeteraUon upon Detau(t;AddlUonaf Remedtea �}any event of detault accurs as per the terms of the Nate secured he�ehy,Lender may . ,
<br /> deciare aIl Indebtednes9 secured Dy this Deed ot Trost to be due and payabte and the same shall thereupon become due and payabte wlthout
<br /> any presentmont,Eemand,protest or noUCe of any kind. Thereafter,Leader may:
<br /> (a? Eilher in person or by agent,with or wilhout bdnging arry actlon or proceeiiing,or by a receiver appolnted by a couA and without � ,
<br /> ` regard to the adequaey ot its security,enter upon and take possess�on ot the PropeAy,ot any parl thereot,In ib ovrn name ar In the name ,
<br /> '' pf Trustee,and do eny acts wfllch It deems necessary or de5trabie to preserve the vatue,marlcetabfliry ar rentabuity of the Propedy.or part
<br /> ` of the Property or Interest In the Property;Increase the income Nom the Property or protect the security of the PropeAy:and,v�ith or withoul
<br /> - taking possession of the Property,sue tor or otnerwlse coltect the rents,Issues and proflb o11he Properry,inctuding those past duo artd
<br /> � unpald,8nd apD�Y 1he same,tess costs and expenses of opereUOn anA co�tection,ineluding&ttorneys'fees,to eny indebtedrtess ssCUred
<br /> by this Deed of Trust,a11�n such order es Lender may d0termine. The enteAng upon and taking possession of the PropeRy.the coUection
<br /> , . � � ot such rents,issues and profits,and the applicatlon thereot SfiaU not cure or waWe arry defaWl or noUce of detaNt und9er this Oeed o}Trus1
<br /> , � pr invalidate any acl done I�response to such datau8 or pursuant to such noUce ot defauih,and,notwlthstandin tg eantinuBnCe in
<br /> possess�on of the Prope�tyr or the col(ection,recelpt end appiication ot rents, issues or profits,Trustee or Le�der s*� be enbt!ed to
<br /> axerclse every right provided for m the Note ot the Related Oocumenis or by law upon the occurrence o1 any event of defauH,including the i
<br /> � ` ngAt t0 exetC+se tAe pOwer ot sale: r '
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