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<br /> 37. CQLIES�TION C09T8. to the extini permfited by law,(?rantct eproea to pay Lender'n r¢�nablo taes and corb,inefuding,but not lim(tcd to, • , ;, �.%�.
<br /> fe�s arsd eos�at attomeys�nd othor�nis(�.rutuding wtf�out limttatlan prruopals,cierks and oansuJtartts),w�ath�r or rto2 Eueh atiomey or ag�tn t9 ' , .
<br /> -- an Ymn.o�rso ot�nEUr,wP115t�4r9 inettne�l!�q�nd�r in eoL'at�r;g any amovnt dun or cntorcinp eny ripNE or remady urtdar thle Qee�of Tru�l, � __ _
<br /> (r� tiMOthar or not suit Is brcught,inctudlrs9,bat rtat Ilmtted to,all f�e�aatl cas'a Ina,rted on appaat,tn bankruptey,ana tor posi Juapment eotloc6or► � . '--_
<br /> aetlona. • . ��`,
<br />. � r'Q8. PANTIAL B�LEASE Lendat may rslease ita tM.sr9st In a por41on o!tha Proyerty by execuUrtg�ns!rec9rding one or mars Par41u1�Cd ot �,;.. ,
<br /> ��iecanveytn�wtthout at�actlng its intsrest in th4�efrainlnp portlon cf the PropeAy Notning h�mt.�shall be deertsed to obli0aU Lind�r to rasw ..s,.,,�,;.•.�_�..k-�_ �
<br /> °SnY ot ita inMrsst in tha Rroperty(except aa mqulred under Parayra�f�9�),nor ahslfLsrsder Os oLliQated to rolease any part of The Praperty if titnntor — -
<br /> ' �s In dsfaul!und�r th�a Qosd at Trust Trte Iten and securit�r fnterest creatad by tha Oeed of Trust romutn ie uft�ct vrith�ct to thot porttan of tho � • ' " -
<br /> �roperiy,as dafirtad in the Oesd ot Trust,that is not the sutr�ect o!tAls or any Rartlal Qeed of Reoomfeyanca. �
<br /> ��y. IIAODIFICIIT[OP7 AND WAAtEFi. The moditicazlon or w�lvar of any ot(irantar's ObltBatlons or Landor's rights under thls��d of Trust muat Ee • .. � • !
<br /> ,� rttained tn a�vr�ting si�ned tiy Lender. Lander may�perfortn any of Bortav�rePs ar Grantor'a�lipattons,deiay ot fail to exerGsa eny a!ib righta or . ".
<br /> �p!payments from Qrarrtor or anyone othsr than Grantor withou!caustng e Mrah2r af thoss Ob7igations or rights. A waivet on one oe�aslon ehali ', . ' , '. '-
<br /> � not conatit�+te a waiver onarry vtlier oa�sion. firar�tor's Obligationa undar thta�eed of Trusi sha11�ot bo af(ected if Lender amonQa wmpromisea , . . `_
<br /> � exchanges,faits to exercise,impatis or reloasss�r�y ot tha Obtigadons botonging to any Grantor,Borrower or thfrd party ar e�ny ot its rights agalnst
<br /> � �a n y G r a M O r,B o rt o w e r o r t h i r d p a rt y r o r a r ry o f t h a P r o p e rt y. L e n d e r a f a i i u r e t a i n s l s t upo n G u t c t p a A c r m u n c e of e n y of t hs O b l t gaUOne shall not tre ,
<br /> - . ; �deemed a waJver and Lertdar shall have the rigM at any Nme thereafter to insis!upan str[ct pertormencs. '
<br /> . 30. SU8&Yi7U7E TRUSTEE fn qse of the death.inahiliry.refusai t�act or absenoa of thu Trustee from the stata where the roal prcperty is toeaud - - .--;`�`-=..= ..�
<br /> or(n case the ha[der af the OEligations shalt desfre for any reason to remwe tha Trustea ot any substituta Vustee as trusies heteundar and to appolnt _ _,,:�,,._�•.�,� _
<br /> `, � a new trustsa in his place and stead,the holder of t�e Obligatlons Is heraby granted tWl power m appoint in writtnD a cubstitute trustee for said ; .- , .
<br /> Trustee,and the subsMute trustee shall,when appo:�ed,became suaes�sor to a!I rights ot Trustee herounder artd t he aame a h a l l become ve s t e d in
<br /> � Mm for the purposes and objects ot this Oeed of Trust witA all the power,dutles and obligaUons heretn eonTerretl on tha Trustea. , _.
<br /> •�,� 31. SUCCESSOAS AHD ASSItiHS. This Oeed ot Trust sAall 6e binding u on and inure m th�Eanefit of Grentot and Lender and thetr raspeadve , . . _
<br /> : ;;•� suxsssors,assigns,trustees.raceivers,adminlstratots.Personai reprase as.tegatees and dev(sses. �. �. ,: ,'� —
<br /> 32. NOTil�S. 6ccapt as otherwfse requ�retl by law,eny noUce or o4her wmmunication to be provtded under this Deed of Trust chall be In writing • .`1�:;�;,�.;f:.yN_'
<br /> end serrt Os the part'ses at the addrosses described in this Oesd of Trust or such othcr address as the parties may desi�nate!n v►�riting irom 41ma m • •-=� -
<br /> ttme. Artt such natice so given and sent by first Nass mail.postape Propaid.shall be deemed qh+en ths eartier af three(3)daye a'ftei auch noUcs ts �:��
<br /> serrt ar wften received bytfie psrson to wham sueh eotfeo is being givon. ��'�`'����_��
<br /> 39, SEVERAB(LRY. Wheneuer p4sstbto,each provfston o}thts Oeed of Trust shall be irrterproted so as to Ea eftacthre and velid under apptirx�te �_,_�-
<br /> � smte law. B any prcvision of this Deed of Trust viotates the law or is uneMoroeabia,the rust af this Qead of Trust shall conUnua to be vatid and
<br /> enfor�ext!e. � -
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<br /> ' 3�. APff@t�O.OLE LA�'J. ThT�Qeed�Ta�t shail bs govemed by the laws of the state wfiaro the rosi properry ts Iocatad. Unles�appllcabie taw .� -��-�-
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<br /> � provides cctuca.:se,Gra�r caa:x�s rs�t¢;�+�tsdicdon and venue of anyr court setected by Londer,in ib sola d(screHon,located in that state. ,. ,,ti;K�'�''��.�
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<br /> 'r'`• 35.IY�S�J'��Qlfa. �s and L:z-�r�ethattina is of the essenca. Grarrtarwa.ives presernmer�t,demand tor payment,noUce af dt�anar �.;'t�.- s''�:
<br /> ' and pra:.:�S..�S�FL as ce�,u�rt ir law. A��v:er^,,.�a to C�tn this Deed of Tnnt EkalE rrn�s.�n all pe�sons stgntrtg hetaw. M there is merQ Sf�u�arta . ...._-.., r1.%�:
<br /> " ; Cranmr,Lk�;ODt�gataR��Irmt ��e jartt�-��. Titiw I�ed of Tnist repre....Mttts�te r�rrRteta irtt�gra�d ur.dce�srrdirg Datwe2n Gsr�Oer cnct ,. .: ; ' •� �
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<br /> :•,:� t�ndarpw�:.^.�gta4'[s�r.�ms� x:sC:.:..s-s!'iz�a' �-�:�.'�_.�...D....Nlf,�
<br /> --.'': 35.N�Ti�?!'�P.d�YY 'i�!f:T�. S�lo pe�xr*.�:�f L�2 a•[nr_�aRy�ste�r�,-y of a�►F'�'aisicr�¢9 ti.ia llead cf 4r�i !41�rrr:sta^�s at tit�b IZ�d af ._.�;�:.r . *�t;�m±",:
<br /> �• T;ust in r;�cr:+�iander are r:tsnded s¢:�y,�"L.9 w:-�'��'.�Car,and r¢s��.-d party sha:!te e:r�vd te�a�y�r;rx+ir.*f�d�v�11i vu�cg or �: , J.5, .
<br />_s�+.�: conser:t�iLrt r.-cCHfca�ion of arry provts'ar.r.•tfi'�-i9�iid a�T::st,in Lr,�..ra=��Se discretlon.
<br /> 37. �C'�ilfl�r'iON OF UABIUiY M"'�1���''�4if. LYr,i*nr.z.�ng 3;e�I�Iiity of Ecceawet�C-ra�ttor.ar.arg.a�r-.�&.�rr eF�t+e.CfStL"c�i�rrs.rt enY ;;�;., `, ,y
<br /> athar�e:srr-���pt a parson expresaly r�aa�ed in iir�a pa��rt�errt aasd perfartri�ce ai tfto Cti'i rars.�nd�iti+�ut�r.�+�ssr-+gMs of ' �
<br /> Lend�ai�t rty y �}t r
<br /> •T�ect to�..y Frcge rtet ex�.^�l r--��rs a�rtg,a.t�d c�.out(mpafr,srg[n� tw�-���.�farii�af UriII(�od of 4.^r'i etiror tha .. _ , .("�: :�;J.�--
<br /> ' intere,:t c4 er-y Wa[son acqwc�t cr f.r�ei�GS:oad Cy r�*g s�.�umrtifl Me recarding af Lhls LIgai af�Trtut,Lr�dar may,eithar t��r�ter c,;.,+o.. �:
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<br /> `�t� the rrr�tr�,fr.s�':re Ok�T�•'am�s ard�mi�c�p:R�oe or cansent r�teass��^.erson�abte tor pa��mertr+u��.�formanse ot a11 or ar,y+aa�r:eF x+a � > . �.'° =
<br />' Obilg�;�nica a^�+2�u �imi�Ilr�scros ofpaym ent ar�smtrur-�nca of ali or eny part afi iST¢Obligatlons;e�rclse or ra`"r.�L�4rar ' -
<br /> exer�isir.a w���ar.y =,�� �rt�msrca�,(1Tr4C�nder may have unCer ttv:13esd of Trw�accept addsc�.�security of erry klnd Tor E.-ay of tha :U• " ,��° - -
<br /> Ob118ation�or rolease ar a�iv�rw°ae deal wi�►any rea�or personal pmperty cecudng the dbligatlona Any person acqu�dng or reaarding evidana of �- '
<br /> any iMeresZ of rry nature in SFw Property s�ati be 0eem e d,by acqu ir ing su c h ir��est or reco r d ing arry e v l danoe t hereo t,t o dave conse r n e d f n a i l or _' '' �:��-_�
<br /> _ any suen acUons by Lendor. � ` �
<br /> • 3a.OEFPJISAHCE Upon thepaym aM arsdperformana in iwl af all of the Obtipattons,Lendet wifl exswts and del&et to Otentor tho:a dacumenb �ti �,
<br /> ths�t may ba raquiwd to rel9ase M(s Oeed of Truat of rscord.OraMOr shell ba rospansibte to pay arry casta o!recordatton. �'# i
<br /> 39. C�NSTRUCTt041 LOktL ❑ This Oaed af Tn,st Is a eonsuuctlon mortgage under ths Uniform Cammeralai Cods,ta sacure an obitflntion ��;�_� —
<br /> incur�ed for tl»construction of an improvsment on I�nd,including the acqulatUon oasts of tand. Thl�ONd of Trust socures a construetion faan,�nd ���1 .
<br /> ' � it wiil b�subj�ct to th�brma o!a constructton loan�,+renmerrt belween Qrantor and Lendnr. AnY mafarials,equfpmont or oupplias usod a►IntsnNd t�.
<br /> � tor ua�In the wn�truetlon,deve;opmerH,or oporaUon af tha Rroparty,vmethar atared an or oft tha Proparty,s�all atso be eubjeet to ths Iten of this •,r � ----
<br /> . �W�R OP HOI�ESTEAD AtiD OTHER F]�MPTIOH3. Gnntor honby watves all hom�aUad�nd ath�r�xompttons tn the Prop�ny to whicb t �'� � #
<br /> Qrantar wouid otherwl�be entiU�d und�r any eppitc=bt�law. _��± ��`
<br /> .r� 41.JURY TRl�L WAlYE4i. L,EN�ER Al�1D(iRAHiOR HEREBY WAIUE ANY Rl1GNi TO TRIAL BY JURY IH MtY CML ACltOH AAI&IHd OUT OP� �''!�°�.�-��_•-
<br /> ' Of1 QA$ED U�pM.THIS O�dF TRUST. -
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<br /> . .� Qrantor acknowtedge9 that QrartMr has read,understands,and agrees to the tarms and cortdi8ons of this�ce cf Trust,and acknowledpas reeetpt of �,�.,.r„-
<br /> an exact eopy of eamo.
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<br /> Qatedthia �8th day� Jaauaz�r. 1997 , E ---- --
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<br /> • G�rrro�: Bill D SNansoa awwia�e �_�_`
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<br /> LCNE5I�D 4 FortnAtion TaMOlogia9,Inc.(5/2/867 :BOC)937-3799 Pago 4 0}S -" �
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