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<br /> � gECURRy((NTEpEST UNDER THE UNIFOAM COf�RCIAL CODE. fi�s Oeed of Trust shall ba wnsidered and be eftaarve as a finanang - - •- _ --
<br /> statement and a fi�aure filing pursuant to the provisions onow owned or her ao fterpaltad�d to oro be usedhn conneclwn wit�ehe Pra�pe�Ay�t���ther�with �I. '. , , '
<br /> .j covering fixtures.efia�teis,and artirles ot personal praperry S�endar a securiry interest m sueh Chattels The debtor is � . _
<br /> � any and all replacemerrts thereot and addtions thereto(the'Chatteis'!.a�d drarslor hereby g�n1 �
<br /> the Grantor described abave. This Qeed of Trust wili be eNect�ve as a finandng statwrem filed as a fixturo filmg wAh raspect to all finures inGudad wn�in i , ' , �•�i
<br /> said premises and is to be filed tor reeord in the real estate records of each coumy whsre any P�o��d p�emses(induding sasd flx►ures)is situatad Th�s
<br /> � Deed of TNSt shaf�also be eHettive as a finandng statement Covering eny other prortisE3s a�d maY be fited m eny other appropnate fi!ing ot re�rdin9 l
<br /> a}�� p qfbon,phpto�'aphie or other repro�ction of this Oeed of Tnu^t oThe aney�fi�p�is ihe�d�►t�ae��a�Ve f�P00��'"a"a S°raito hail !� , _
<br /> �� finandng staterr��1 for arry of t�e purposes referted to in ihs Parafgatsh '
<br /> � rtrake,execute end dei'rver such secunry agreemerRS (as sueh term'���ed theSChattelsaand pe�rra�or�lu e to do so aLe der i authortte�d o � �_
<br /> . I nece s s ar Y e►P m Q e r ur required t�grant to Lender a pe�fecced sewrity mLw ;� . ; , _
<br /> sign any such agreemerrt as the o8he Chattre s�oa►anY U�ehwrthout ihe�signature o frGrar»or�C,rantorsw II,twwever,at any t me upon request of Len d ar� .
<br /> . � Cortmerd2l Code)vrilh respeA � ,. �:�;
<br /> s(gn such finanang staterrems- Grantor will pay ail filing lees for the filing of such finandng st�ements and for the refiling��fY nng he�Cha�tt�s,e hen� ��'' .
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<br /> . � ihe opinion of Lender,by said Unitorm Corm�s►cial Code.�f tho��er�af this Deed of Trust b9 sub;ect to t+ny securily agtee �
<br /> in the evertt of any dsfault under this Deed of Trust.al!the righc.�o �'�� °�Q thereof by Gtrantor or the��predetessarseor su�rs�i�L�le of Q .
<br /> � Lender,together wrin the benefit of an dsposils or payment
<br /> Grantor in ihe Properry� � •... ,
<br /> e nd funds(indu�ing attamsys fees and legal � f ,..,
<br /> 23. R6M8URSF�4AENT Of AIUfflUNTS EXPH�IDED BY I..HADER. Lender.at Lendets option.maY xpe �^ - . :frk'+,�':,.
<br /> � � expenses)to�rform�y a��Nired te f�131cen by Grantor ar to exerci=°any ri�t or remedy of Lender under this Deed of Trust Upon�mand Grarrtor � .
<br /> . s shall irm�ed�ately rei[r�urse Lendar far al's..�arnourrts e�ended byrrtgu.-r'i�:h�srof�s�virsemem. TT.-�e surtsrstr�9 te Indudad n tt��z��n�'rtio� � „ ;. � ...Y-"F
<br /> Ob6gation or the hi�est r�ca a:iavsa*y iax�f�r^�s�a af PaYrT�e r,t nz+-�o` b:�"an of rtotice ef ;F r:� , .- _
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<br /> Obfig�ons herein and s.`�.al;�ssr..�'�i L�Lha fo-r�f,-aa irrta�est�a:-*�h��?p'=`����b�?L��;�:ss-�.'�;a-"nz tra�ning of pubiication of `. •� j,�,�`""��',c,;,����
<br /> �,.',� sale.as herein provid2d.ar in t1r e.�:°?���=r s.a,:,a3��sa}2 o�tian.R�'•Y the TPUS:Ee��L2nder in w�nacdon wAh sald ubticati�n. f . . ' _ ,.
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<br /> notice of saie.as hecein prw�dad 1h2n.3�ior sha11 pay on demand ai ex��ses c�:.'�tf' _
<br /> � ,�� indudu�g reascnahle attomeys fees to tha attomeys for ihe Trustee and for'��:a'�-=�.a�d a reasona6le fee to the Trustee,and this Deed cf Trust shall be . , _
<br /> ' securiiy for all such e�enses and fees- , � � . •
<br /> '� ?A. APPLICATiON OF PAYMENTS. The Ttusv3s shall aaaly the prooeeds of ihe trustee's sale.first.to the costs and expen��di tor i nihe�eed ot�Trus►f .. . -.
<br /> sale at+d of the sale,indu�ng tha paYmem of the Trustee's fees actualhr fncurred nat to exceed the amourrt which may he P�°
<br /> ' second to paymen►of ihe o6ligatton sea:red by the Qeed of Trust,th(rd to tha payment of junior daeds of irust.mortfla9es or other lienhotdars.and the ,�
<br /> �4 baiance,it any.to the perscn or persons legaliy emnted thereto. ,� � .•`�
<br /> • p�c��n�gEto t�Obllpat�'ro s or p�or3d�of Trrusi In a�tin��lond�or cha:/bo omi�led tbut notrra q�urad�to pno�fartn any�adlon ortoxecuto any dowmam _ _ �
<br /> roquUed lo be tta�kmneor O�bllg�atel�an nr wrro any Qofeult undo r Als'0 ad of Tru�t rAll'o'xertr o attomsoy doacnbad In Ih�t 0'aod ot Truat nro co dod wlth an .
<br /> ' reltaw(iran Y , . , ' '�'. �,
<br /> Imareat and ere irrovorablo. , .~,w u
<br /> Intarost 0► onwr►1�tanco
<br /> 2E. SUBROQATtOt�l OF 4ENDER• Lond�r ahalt ba subrogatod to tho h�18 ot tho holdor ot nny provlous lion, wwrlry .
<br /> � �scherged wlth funds aduancc�d by Landor rogar�es�ol whett�er thoso Ilon�,snwtlry irAOCOSts or othor onwrrbrancos havo inoan rotoasad ot roccrd ;�;'`�
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<br /> � �. �pLLECTtON CpgT9, To thu extent portrittod Ey law.O r a n tor aQr e a s t c P a Y L a n d a r e re a s o n a d e f o o s a r�d o o s t d.Indu6n g,bul not limlted to.taes ' _' 1;: ,= y'!
<br /> ortploy ee ot lende rywhfdi are n cu�ed bY��end�ar Tn��ecting any�amoPum d�ue or onto d e arry rf puh�1 c►ro.medY u�nde►A�s De d uf Trmusl.whothar or not . ��, '
<br /> suit is 6 r ou g M.in du d n g.b u►n o t I l m l t e d t o.a l l f e e s a n d c o s t�i n e urred on a p p eal.ln bankrupteY.end Tor post-NdSmtm eolloctlon aetfans. _ . �•
<br /> a x e a n ln end reoord n g one or mare Partlal Oeeds ot "` "-
<br /> 28. PAR7IAL RELEASE Lender may retease its finerest In a pa Nan o f t h e P m p e rt y b y 9 _° ..: -
<br /> pecanyeyy�ce withput affecting its irtterest in 1he romai�noy�gp�poAion ot the Properry. Not hing hereln shall be deemed to o b ltpate Lender to retease any of its '�� � ��. '. r_
<br /> Irtterest In the Property(exeept�n4��r�rih�ls Deed o"f 1'rusL The lien yand s�m�y�tme`r��ua�ea by�the Deed of Trust�ert�aln�eKeCt wilh r PB� ■ :
<br /> af the Pmperry it Cirantor Is in de `.; —
<br /> . � that poNon ot the property.as defined in the Deed of Trust,that ls not the subjoct of this af any Panial Deed of Rewr�veyance � �_
<br /> 29. A�tOa1FlCATtO�y M1D WAIVER. The mu5fleatian�rm a�ny of Bor owe�s or ar*�O�li�an�s.ons ede�y or f a U to ex�erd e arry otftsf rtT�ts or aooe p t , .,,�- -•� 'i;�
<br /> canta!ned fn a wriUng sl�ed by Lendei l.endet rtray pe '-.--- .._. - , �
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<br /> pyw�rrts ho�at hrtor or anon. G��s Oblipadons wder t�hls Deed o1 Teustf shall no�be�ected��nder aWrt�ends cone��es ex�Ian9es fafl�to . .
<br /> ;•„) oxerasa.lrr�airs u►T'aases anY of L�a Obligauons tr,e!onging to any Gra�ta.Bortawer or third party or any ot its rlghts a�any Grarttar.Borrawer or : _`
<br /> , Vu:�oaty or any of�:�a P:opertY. Lenders failure to insst upon strlct per�am��ce of any of the dbligations shalt not foo dee►ned e wanrer and Lsnder sh J ,.,�i: , . L�; '' =
<br /> h�.,va t?�s ri�t at ar:y�"�thereaftar to Insist upon s�icl performance.
<br /> , 3Q SrBSTITUTE�Y'R�USTEE s Io�ted�oEn ca�e�th�e h��ot�e Obti�ns s�l deshre t r e�ny ie�ason t r�em�ove iho Trust�ee or�any subst Me trustea as , !� �';_9 ------
<br /> sta:e where th D� Pen7l %��°
<br /> trustee hereunder and to appolm a ra�v r.ustee in hs plaoe and stead,the holder of the Obllgat1ons is t�retsy grant e d f u��Po+N e r t o a p p o lm In writing a �
<br /> subst'rtute lrustee tor seid 7nistee,ar��substinne arustee shall.when aipPe�nled•become suocessm ta a,l et�ts of Trustee hereunder end the same shall � �_
<br /> beeorre vested In htm for the purposes and o6jects o`r��s Oeed of Tn�st wlth all the er,duttes and o�:�tians herein eanterred on the Trustcie. Trustee --- --
<br /> sfiall nat be liable br any error o f N' d g m e m or ac t d o n e b y Tn,stee.or 6e othe�ofs�e S�wera herAeiun�.varited�upon the O�eed of�Tru s�t or�d ev�s �•�'�„ �' -
<br /> Trunee Shall no1 be porsonaUy liabte in ease of erttry by it or anyone acUng by .
<br /> oontraeted or lia�'lity or damages i:;a%rred In the managemem or operation of said ptemises. Trustee shall have the d�ht to re on arry Ins�turterd. r���!!_,
<br />. docurttertt or stgrtature aulherizin8 ar�:;sD°rUng any action taken orproposed to be taken by it hereunder or belleved by d In lalth to Oe ganulrte. _
<br /> Trustee shaU be errt'dled to relrtdoursQr�'»for expe�or�w'uill�,irom fimento tlm.pay oortDe satlonedu�-:rustesrhe eunder and reirt��urpe T�ee br ari�d ; � '�?Y: s-�•�";_..._
<br /> . of its servloes hereunder as shall ha 2rs�ered. G .•'�"—r"'� '
<br /> . save and hold it ha.^�v�s firom and aga�nst any and a:bss,cost.liabiliry.dartege and e�ryanse v�hatsoever Incurted by ft in the peAotmance of its dutles. ��.:• w�,�,,, �
<br /> ai moneys��d,n��Y�n��m�any�o har�mo��s excopt o�t��een't required bty law)rand Tru�ee shall be�cunder no abi iryI }or�iMeres�l on any � • , . �"'�
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<br /> be se�e8�. Y ' . .
<br /> rronays recenred by n herounder. . �'�°!� �,,
<br /> 37, gUCCESSppS AND ASSIQNS. Thts Oeed o'TNSt sha'j�e dnding upon and Inure to the�r.�t of Grar►tor and Lender and 1helr recpective I',';.,',.— a--�',�r-.
<br /> suooessors.essl�s.trustees.reeehrers,admiristrz:�rs,persona!represerrtatives.legatees end devlsees , -
<br /> �H�CEg, Exeept as otharwtse required by(aw,any naUce or other eammunleatlon to be provlded u�der thls Deed of Trust sha11 be in wrlting and sem � �
<br /> to the paNes at the addressss desaibed In�ls Oec3d oi Td hall be d med g�'vren the earlieP of three(3)day�s atter sud►i noUo�e ls�es Mt or��vhon rM�lved • . ,
<br /> notice so glven and serdby flrst dass mall. staSo P�P� • .
<br /> � by tho porson to whom such notice ts being gtven. .. � _
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<br /> 33. SEVERABIU7Y. Whenever possibte,each prodslon ot thls Deed of Trust shall be interpreted so as to bo efteetive and valld under appllcable state
<br /> law, fl any p►o�ision o1 this Deed of Trusl vlolates the law or is unenforooable.the rest of the Oeed of Trust shalt wntinuo to 6e valid end entoroeabte. • : �
<br /> I 34.APPUCABLE LAYU. Thls Deed ot Trust shall be govamed by the laws ot the state whore the real propeAy Is lopted. Unless appllcabto law provldes • — �
<br /> _ � othertvtse.Grantor conserrts to the judsdletion and vanuo of any caurt seleetod by Lender.in its solo disaotion,tocated In that stato. � • i ---
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<br /> 35. NtlSCE L L A N E O U& C i r e►rto r a n d L o n d e r a g r e e t h a t t i r re I s o t t h u essenee. Grentor walvos presentmem,demand far paymem,noCce of�sAonor and �
<br /> � protost exoepl as requlred by law. All roterenoes to Grarrtor In thls Deed ot Trust shall Indude all persons signing below. If there is more t han one O r a n t o r. ,
<br /> tihelr Obllgatians shall be�'cIrt1 and several. Thts Dsodof Trust represems the corrmlete integrated understanding between�rantor and Liander pertalning to
<br /> tho tertns end eonditions hereof. . , �,�
<br /> I 36. NO THIAD PARTY R1GFCfS. h;o De►son�s ar shal�be a third parry beneficiary of any provlsion ot this Deed of Trust. All provtsions of thls Deed at '
<br /> • i �n�t ja,he�fi��on p�yp�s+�cn G1 rlt se eedeof Tru�1n�Le ders sol�e disaetion�l be errtitled to assume or exped that Londer will not v�alve or � .
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<br /> 37. PRESERVA4�BiV OF UQB:ZdSY AND F�rl1�r:"81'. Without affecting the Iiah':::�j o`.Bortower.G^��:ar.cr ar.y gua•zntor of the Obllgations,or any othsr . :_
<br /> ' person(except a person oxpress.;��a�eased m vr.r:in3)1or the paymern and pertor*^^,�.n�e�the ObL•qaticr.s.ar:d vfrthout aflecting the dshts of Lender with � . .
<br /> rp.cpeCt to arry Property not euyre:s�/ialeased in wmng.and wrthoul impalring�n ay� r�ay the pnoryr�ct^�s Ceed of Trust over the mterest ot any person
<br /> �x�r.red or first evldenoed by rc�°,9 subseQlieM to the rexr�:-g of this Deed of 7rust.Lender rny.e'�er betore or after the rtnturrty ot the Obliganons. .
<br /> �.d withouf notice or conssrii:r�:a3:a 2ny persor.Iiable for�,,/^�rr or psAom�ance of all or ary�'.ai"e Obligations:make 2ny a emer.t attenng the
<br /> . tgm,s�}�aymem orpertormanca o`a�l cr any�r.a1;he Obtigz"xis.exerase o�r,refrain from exer��•3 cr w�rya�dA�wah an�yrea,t.�cerson proPertY .—__
<br /> under the Deed ot Trust:accept s�lona�sea:rr�w ar.y.NuG for air oi�ha.....:g..�rw.:r•°•--- - . . _. .
<br /> � ssc�ring the OWlgations. My person aaFnnr.g�r rewrdin ev�donce of any�nterest of any r�ura m the Prcperty shall be deemed.by a�uiring such , _
<br /> trtteres!or record�ng any eviGertce thereot,to have consem to all or arry such actions by Lander. � . _ �_
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<br /> � NEDOTD Aev t t9a � . : �..��
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