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<br /> � � � �lArsd�r wittt mittan naL`ee oi atry attval or � '� . . , _.-
<br /> �. ,� 19. L�lDEA�RIGHT TO COtl4SEPFCE OA D�10 LEQAL ACtiGt�1S. t3rantar sha.l irrvremately orovi - '- --_._—P. � � ...
<br /> t�teatened aeticn,sult,or othar proeeed�r8 eftec�l°81�Q P��Y• a�or hereby appairrts L.Qn�r as ii5 ettameydn-faG to eonmenee.cRervene in,and
<br /> -- d e E e n d sua'��"a�a o t t�e r l e g�P ro a�edings and to eamprart9se or ssttFa any daim or cor�wvarsy partalning therdto. Lsndsr sh�!!n41 be usb:e to --- - ' _
<br /> Gramor tar eny aG!an.error.rttstake.omisston or deby perralnsg to ma acnons de�-,,ai b e d in Uii�patafr a H"+o v e n y���e s r a�u l tl r�g s!�'rstrcm �-a T h r� —
<br /> oo�?nid horein w'Jl pnnrsrrt Lender from taidng tha aeUons desraibed in this par�[�apt�in its crm narte• , . ,��_
<br /> . �r.::,�
<br /> 10.IHO�lIlRCATtON. L2nder ahzll no]assumede L�ender�wi�written nofle�e et and�indert�n,�ty and h.d Lender tan fta shareho dersmduectors,office�s. �. ,: ' i.�F�
<br /> � any qrpurt�stanoea Grantor shait Urrr�cfi'�°tely prwE � � " . °'' —
<br /> � errptoyec�s artd egents hamiess trom e!1 daUrss.��s.�tes(�ndu�ng attomays fees and legal experses).causes of astlon.astlona suits and �- ,
<br /> �E g Cfa.irte�Pert��9 tn tha Pro�ertll(�du�8.but nat lirrited to.those trtvolving Hazardous Materials). Grartror.upon
<br /> athet�ega1 proccnd'sBs(aur�ilativsty' ns.as and ather oosts inairrad in ,
<br /> • ihs regiieah of lendor,shall hite legal caunsel to detend Lender iram such t�airt�.and pay the ffitomsys feos.�ega!e�s , . r.:
<br /> � ' � � .
<br /> eormeetlan thsrewith. In ihe aRamative.Lendar����eteert� �on.release��orttotedo�sute otihls Oeed af Tntsl. ���ofs east. Grantafs �'�;,
<br /> obligation to in�trtnity lendet under ihis pa�a�ap�
<br /> -^ 1 CYantor shall pay aA taxes and assassr�ms retafing to Froperty whst�t9ia and inr�atety pravlde Londer evldance .- -- , --'--
<br /> � � ��TAXES AIdD ASSESS�TS. -
<br /> . I ut pa�merrt oi ssrre. Upon tlre requast ot Lendet.�ar�or s��P��Y��n�r��0�one-tweifth(1/�2)of the estirreted annu�l insurance .
<br /> premum,taxes and assessrtertts pertah�ing to the Properiy- So long as lhere is no dsfa�ilt.these amounts shail be ap�ied to the payrt�em of taw�s, =
<br /> �� assessmeMs and tnsuranae as requrcd on tha Prcperty. In ths evetrt o1 defautl.Lenwr shzll have ihe rl�ri,at fts sa!e optton.to ap�yt the tunds so he;d to ; - r.
<br /> pay eny taxes or s�inst the O�igaFlons. My fimds appF.ed may.at Lender's optlon.He apated in revarse order oi the�s date thereof. � - - ,,�
<br /> t& Q1S�EC7[QN OF PROP�A7'Y.BO�KB,RECORDS AI�[D R�6iTS. Gtanto�r�shaU��mrtima to tlme tCi�ant�ormnshall provlde any�assist�an� ,� , .�__
<br /> � and exattine.inspect end make copies af C�rantots bcoks and records pectahdn8 . , •,�'-�:..: -
<br /> rsqu[tedby Lertder for those putpnses. An of the��awces and inTortretion eantaUied fn(irantars bcoNs and reeordg sha11 be�Pro true.acauate and ry:��, •�,-
<br /> cort�lete fn aD tespeet�. Grantor sfiall note ihs exfstettce ai Lenders benefidal intewst In its books end recatds pertatning PenY• AddAianai�Y. ''., :y:�` _
<br /> - Grarrtar sha0 rapan.in a torm sazistactary tn Lender.such itifome�an as Lender rteyrequest regardng(irarrtars frnandal asn Lenderrmay��gr►ate. M , ,
<br /> ta
<br /> ., informaitan strall be tor suct�pe�tads.sha0 refteG Grarrtots recotds at sush Wre.and strd0l�e anndrared wM G�Ofro�s�et requesia �'�`-=---�--�-�
<br /> infomffilnn hunished by Grantor to Lender sha11 be we.aaurato and eor�tete in a9 respects. gnect bY .` ls,��_.;
<br /> ',, I 17.ESTOPP�II.CERTIRCATE9. WRhin ten(1U)dels after arry req+iesl bY Lender.Grenta shall deUver to LBnder.ar arry hrtended transferee of Lert�rs •���'
<br /> �,�. with re�to the ObGgaifons.a stgied and adataw(edged stater�srrt spedfying(a)tho ouivKan6ng 6aanoB on the 06Gga11ons:and(b)wi�her ,`:."�.,`::.�•
<br /> _.';.� ��arttar possesses am�dabrs.detenses,set-0fts ot caurrterdaUr�s wfth raspe�to ihe Ohflgazlans and.il so.ihe nafiva af suct►dairts.dstenses.set-0fts ot , �-:��_.�
<br /> i$ ooumereta'.rts. (irarRor wi�l 6e oondushrety hound bystatemem�a tiar�iY�manner.�r rrey maim to ihe Nten�d transferes�vith resp�ct to these mattars in 1 Y-�
<br /> Ute ever�t ihat Grarttcr fails to provfda the requested ��� �.`.���
<br /> �r����;` --.
<br /> _ J� 18. OffAULT. 6ratrtor stiall be In dataufl undet this Desd of Trust and the 7ru�w s power shail become oparative tn itre av6rTt ihet Qrantor.B9lf�YdQf 6T -.-.'�—.��--. �wK r
<br /> any�arant°r of the Obligatlons: , � �`��
<br /> (a) fails to PaY ar�yr ObU�nn to Lenderwhen due: F '':" `__�
<br /> (b) tatls to pertarm enY Q�A��or breaches erty wart'�rt.Y ar covenant to Lender cerrtafned in ttils�eed ot Trust ar arry other presem or f�e •' f: .—
<br /> . ageemem: m�hjeqs ths Rroparty to seinae.eanfisratlon.a oondem�aUOn: :�-`. , ����^ _
<br /> - (a) destroys.lases or darta�es the Property in any rtaterial re°.,peet �.,.'4. . —
<br />• (d) seeks to revat�e.termtnate or otherwi:s Grrrs its OaD[I'dy urtc+�r arry guarenty to Lertder: ,` r�'. .` .
<br />' •'' �� �.
<br /> (e) des.I�rrms lega�y lncartpeterA.ts d�lred ar temdnatsd.beccrtr_�ir�olvem.rtekes an���Im�mt�cy�bed in whi�(irant�oi�Bareaw�ot f i, ��`•'._�?-: .:,-
<br />- � de6ts as ihey 6eaome due.files a psUUcn ur�-S�e tederaf tzr.'mu�t�y I�r�.!�s an imroturtlary pa' _ _r�..,..
<br /> ° or arry�ararrtor is named or has{aoPerh tai�en undes�ry vr.�or proaess oi caur� t° ��
<br /> '.`���. (� aGaws�ads to 6a usad.transported or stored on ihe F�.�?'�.ths Pessesston,transpoet�lon.ar use of xfiich.is tUegal: ��
<br /> o asswr�c+x�dertalae an ObiigaUan wtthout the written consertt of Lendor:ar. . -�_.;..�f'".:��-�—
<br /> (g) aiinws arry party ather ihan Cirarttnr or Bortower t Y
<br /> (h) �cs lender to deem ftself insewre e6�e to a slgnifie�C Jr�-:me ln�e value of ths Property:or ii Lender.in gaad ta.hh.ier,asy reason,bolisvas .•.; � a�.;.,�
<br /> that 2t�pr,s�zct ut PaYmem or PBAomance is trtpalred , , ;�� '" _
<br /> T_.
<br /> . . .,. - �rl� � � ::
<br /> ��4F�TS�OF L�BV�DF�i�{exeepl aa requ(red by i�v): ursr�r ihts Oec-�t af i rust.Lender sha11 be erttiUed ta exerdse ons w more of th9 faiTcwing - x ' '.y�,_' -` ,
<br />.:., (a) to dedare the Ob�ig�lons imnediately due and payable in fu0; �_y� ; . �
<br /> (b)to oolleet the outstandn9.Obligatlans with or wfthoul resorting to juddal proeess: • �•��. :; �-
<br />=r,,: •: or Chattels wnstituting me Praparty at a piaae reasonably ` .
<br />_ (c) to raqulre C3rarrta to defnrer and rteke avalla6le to Lender arry persanat prcperty '��' ::v�• .
<br /> .,,•" ocnvenient to Qrantor and Lender, , ,
<br /> (� t o e n t e r u p a n end mke P cssesslon of ffie Property without applyU�9 for or obtalntng ihe appoirrtrnartl of ct rr�!�sr a�d at l.endefs optlon,to ,,,�.�•�._��_
<br />� appoini a reeelver withaut bond without firrst brin�ng ata cm the Ubiigatlons and w(1hou1 otherwise maeUng erry st a a rt a r�•xn d rt!ons r e�r�n g - ��,.,�„:-
<br /> reaetvera,(t be(ng irttend..�d thffi Lender shall have lhfs aomr�u��ci:�'�ri to appoim a reoahrer, '" ,�r
<br /> . (e)to ertploy a rtanaging e8on1 of the PropeAy end fet the s�re.eithe►in Trustee's own nama.(n the narro of lander or(n tln�rn�e ot Qrafsior,and ,. ,. ,,,,•„_,
<br /> ag
<br /> raeeNo U�rmns.inoomes.issues and profits of the Pmperty and a,ppiy the sarre.atter�syrmem of aD nc3cossary atiargas a�d r-sr.�r:sas,on�r�o! ��:-�-�,�
<br /> ��s: {�:;�,
<br /> � (� to PgY� t--_ -� _. -
<br /> surrs in arry tortn or manner deemed expe�ent by Ler�r ta�ec1 the seour(ty of tfils Deed of TNSt or to aira arry detault otfierfr�an �_�-:__•�-'' --__
<br /> payrf�nt ot tnterast a pt�a�1 on ths Ob[i�tians: _ -- .,�.,.. .,. -
<br /> ' (8)20 tIXOCJOSB W9 OCB�f d:TNS1 jU�C13I1J10I IIOlql1�CI81IJ�a"9'Id YD�fBG lhB eHI9 O}ih9 PfCDBrtY tiR0U81167(8(CI58 0}the[fOWBf'��sa:e as wferanced in
<br /> • �1Z11h6f80}U18CTCId2flCCY/lThB�Cab1013Y1: r.ri..•,._
<br /> � . (h)to setoft Grantor's G6IIgaUons agalnst arry ertpurtts awed C�rentor by Lendar indu�ng, hut nat Iim[teti ta.r.aaniea.r;��merrto.and deposit -- -
<br /> aowurrta malmained with lnnder or any wrtemiy existing or future afflllate of Lender,end .,.�, ,,,--
<br /> (n to exerdse aD athsr tl�ts ava�abie to Lender under atry other written age�merA or apqlt�ble taw. ,� •. ,(�, _
<br /> 1.en d o rs d are e u m 0 a t i+r a a n d m a y b e e x e rdsed t o g e t h er.s e D ar a t e l Y.and in any order. In the everrt that Lertdar instimtes an adion seeldng the _
<br /> � ^eoovery o�erry of the Praperty �ray of a pre�d�m remedY In en ection agaU�ct Qrantor,Grantor watYes ihe posting et Eury bond w h t o h rtip� -__�,..���o-—
<br /> oUioMrtse be roquired. Lende�a a desig�ee rrey purchaso tho Property��sale. Proceeds ot any TrusteB s sale hcmunder shall be applTod ..,,. �,�'';T:'°
<br /> flrat,to Ihe easis and e�e nses ot exerds1ng�epower of sale and of ihe seie.inciu the payr�►n ot the T�ustee's fees es�lA�ineurted and not to -. �� • g,
<br /> exoeed the arxurtt whid�rreY ba Frovidsd for�n thls Oeed o1 Trust,second.to payrtBm of tha ObQgaUons seaired herebyr,ttd�.ics C�e payment ot�n1or � -
<br /> ' bust deeas.r�.�aAes.a othsr lienholders.and tha balano�.if arry.to tho perso:►ar s legaly emitted tAereto.?he RroDeny�ar erry part tha� rtey _ �.�
<br /> � �°��°fie�°�'°�����$'���������so d o�s 6bC�aUons y��patdlnluUe�r��Kerctses of the pcwat h�ts.'ci{�anted �,,,�,. :.,.:..
<br />' sha(I not e�Qinguish a e�fiaust the pawer�miess the entire propertli
<br /> ._�.�<•:w
<br /> . ����r�=
<br /> 2�?RU9?EE•g p�ERCtg�6F ppWfEp OF 3ALE ON OEFBr�71T: If Londer eleda to sell Grantore irrteresl in tfie Proparty lry aw�vdse ot ihe power of `�:�. ,,:,,._;
<br /> • sale homin corrtalned�LenGer e(^.�'1 notf(y Trustee in ihe menrter c'�required by lavi. -.'�w-�,..��,.:�.�;:_;
<br /> ,�•.
<br /> Up�n reoetaf of sadi not'cu ot l.cr.der erd at rho cfrcK:ttion ot lender.Trustee shai causo to bo recerded.pubf•stmd and delivered su�noUoss of dofauit ,
<br /> �`�T't•"'_;_:;
<br /> q r
<br /> and noUcos aT salo as maY tten be�(red trY G�md bY this Deed ot Trus4 Trusteo chall.onry ea the direction c?Eondor and wlihout demand on Gramor. ;�;,�F„_�.:�:',`.--
<br /> . . aftsr su�timo es rr�y 1�e►������'��r recordaUon ot cuch noUae of�fau8 and after noUoa of saie hsv(ng besn ghren as requiced by taw.
<br /> �p�e p�perIy a11he ttrr,s ar:d of sale flxed by R in such notioe o1 safe.ellher as whoto or In scp;uat�iots a paroels w flems as Londar sha11�am � . ..
<br />. e�em,artd in such order�s it may determina.at�blio aucilon to iha hi�est 6ldder for eash in tawhd monay af ihe United States pa�a1 ihe Ume o1 _ .,'. ` �
<br /> � � s a t e,or as athelwtsa rtray t��sn be requUed by law. Tnutes shall de([var to su�purohaser ar Wrehase►s 1Rereef fts good and su(fl em deed ar�ods _ _,,:_,. . .
<br /> oomrsyin3 the property so sdd.Eul vrilhoui arry oovenant o►wertanty.e�cess or IrtpOad The�eatals in such deed of any rtatters or facta s h a tl be . • ,. --
<br /> � In iho manne�t�pravlded Ey IaH�ne seleoYail or eny PoNon ot the FrnFarty. °�.Grantor.Trustoe or Lender.may Wrehase et such salo. Trustes may , - , _
<br />� 21. REQUEST F08 NOT[CGS: aramor requests that a o�py of eny n War ot defautt and a oopy of any noUoo of sale hereunder be mailed to oarfi person ' . . _-_ -
<br /> � _ who Is a paAy haroto m ihe ad�ess of suth potson r.�t farth hereln at iho sarto timo and in tho sarte mannet roquirad as lhough a sapatato requoh
<br /> . thoreot had Ceen fited by eaeh such person. ,
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