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<br /> i ti + ` � DE�OF TEiU�Y Page a .
<br /> :: • . . : ; o,�e-9��a 9 � " � .
<br /> • . � l.oan No 526309 (Co�lnue� �"!����.��� . .. .
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<br /> 4 Uens s�lion Bn0 dep�iis xrith l8nder CasA ar e suf6del►t Corpprate stuaty bond or othsr seatdty sat�daay to Lender. ,.
<br /> � � `� SECURIiY AGR�T:RNANCtNO STAT�AQiTS. The roROwing Provisto�s rela�ng to thb Ossd ot Tnut as a securityr agre8mant ero a pe�t of . �`<
<br /> � ' `,� thts Oeed of Tn�st. � .
<br /> . Seaa�ItY d�nsent. This instrumerd st�all co�a sec�uih 89reement to the�dar�eny ot the Propenc�onstl4rtes Pod�es a ofher
<br /> < . _ , P��DroPedY.and Lender shaD hare a0 of the dghts at a seaued party undar fha Un(torm Commerdal CoQ9 es amended irom tlme ta . , _
<br /> ' � tlma < . `'.
<br /> _ Seautiy tntermsl. tlpon re4uast bY Lender.Tnut�s�aU execute Enandng stateme►ds ana take w�atever other acUOn is re4uestad bY L�n4er ` .:4,
<br />'.{' . . ` � � to pm�eet anC co�inue Lender's Seclulty interest In tne Rents and PerSOnal Pr�petly. In additlon to reeormng ttas O8a0 of Ttust In 4he� `'��< :. .
<br /> ` �1 propeAy r�ards.Lend�maY.st ar►y L+me and wit�aul turtAer authorimtlon ham Tnstor.Aa e�aecuteQ cou�rparb.coPtes or reprodw:UOns ot , ,
<br /> ` � � this Oaad of Trts!as a finandttg statement Trustor st�aU relmb�Lendet tor aD e�enses inGUred in perfecUng m comintdng thts sec�rityi - . � - _' `
<br /> .. . �,r: �'�� `�� iMerest Upor►dafaNi.Trustor sha0 assambte the Psrsnnel Praperty in a msnnet and at a P�aoe teasonabty corneNerit to Trt�t end Lender - - • -
<br /> <�, ._�- and make 8 evauabte to l.ender vrithln three(3)daYs efter raceipt of written Qemand from Lender. .�,. --Y.
<br /> '; " � AQ4[es5e9. 71te me�rtg addres�tes ot Tnlslor(debtor)and LenQer(5ecured parly?,irom whtch infortnaTion concertdng the s�/intsrest • ; `
<br /> ' � j gran�by tt�Oe9d of Trust mey be obtatned(aach as requtred by the UNtarm Cammerdal Code).are es stated on tha 5rst paga of fNs Oeed
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<br /> z`•. . :" � RDi7i�R ASSUStAtdCES;A7TORPtBY-II�b�FACT. The taQowfnB Provistons wtaUng to Uuther a�nces an�attomey-tn-fsct are a P�of t� �,t:`
<br />_ D�dO1TfISf. �.-o ' -�
<br />":.i : . ` F�er Ass�u�eea At e►ry Wna.and irom Ume to tlme.eAo��e9uest a�ienQer.Tn�sta wt➢make.�aacute and QaSver.or w[0 csuss to be ,, _ .•. :
<br /> - • mads.exaculed ot deIIveceO.to Lender�to Lenders designee.and wAen requested Dy Len�r,ca►�s to OB&fed.recordea reftled.or ` i� .
<br /> '�8 _.• , rerecotQed.as fha eass meyt 0e,at sttch dmes and in such oftioes end p(sces as Lender mmayy deem apProArlata.enY and a0 suet�mwtgsges, . .
<br />' �'�� . r Qeeds af L'us1.s�dQeds.seciuitY e9ceemer�,6nanGng statemerls.t�nlinuatlan sfatements,tnstruments of fiuther essurence.oet6'frcates. _. ;t
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<br /> � ' and other doeumenta es may.In the sole opinian of Lsndet.be neoessery or desfrabte in onder to efleduaLa,comptefa,PaAed.cortHnue.ar � ':-�-`
<br /> :�- � .-`� , presefve (a)the obQgations of TnBtar under the Ncte,ihis Deed of Tn�si,and the Retated Dacumer�ts,and (b)tha Qsns end seetaily►Icrterests ' �" �'`
<br /> �� ' aaated by UUs Deed of Tnut as tbst and prfor 6ens on the PropeAy.whether naw owned a hereafter acqutred by Tnistar. tlntess profubi�ed by � _,
<br />;t;. '. � '
<br /> ;`� taw or agreed to the wntrary by Lender in writing,Tmstor shaD teimburse Lendor far a11 casb and mcperts�incurted In eonnecUon with tha • c;
<br /> _: . `• matters ceterted to in thLs paragraph. ,* ""�`
<br /> L'` � :. Attomey-in-F8e1. It Trustor fails W do any af the lhings referred to in the prec��ing paragraph,LenQer may do so Por and in the name of �='s ' `�
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<br /> � Trustar and at Trustar's e�ense. For such Purpases,Tnbtor�ereby mavacabry apDoinis Lender as Tnuto�s attomsy-irt-fad f�the Du►Dcse ��� >� '.�c
<br /> ''•`y .. . .f'� of making.executing,delivering,fiGne.recordng.artd Qatng eD other fhings as maY be nec�sary or QasU&bte,(n LenQers sofe optNon.to �_ " __ _ -
<br /> <: ' . � � '=' r aocomplish the mattets referted to in the ptecading par&graph. �
<br /> I� Fla1�ERFOAMANCE It TtuSMr pays s0 the Indobtedness when dua,temitnat9s tl►e 6ne oi Credd,and otherwi5e pertartrts 89 Ms aLlfgatlons �—
<br /> s' � '�I f n r h e ll a nd delIver to Trustee a re uest for fuil recomfe ana sAail execut9 and �. ..t�•�r`
<br /> , • �m p o s e d u p a n T r u s t o r u n Q e r t h i s O e e d o T n i s 1.L e d e s e x e c u t e q Y�� r
<br />�i,y� , :. �: j dellver to Trwtor su(tabts statemerrts of terminatlon ot a�ry bnandng sffiLement on fits evtdendng Lendets secuAty(Merest tn the Re�s and the :, _
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<br /> . . - •,: ... � Personel Praperty.Arry reconveyance fee reQutred by iaw ShaD be V�by Trustn,H penNtted bY eAAQcabie Iaw. ':�.�;.. ?:�,�_-��--
<br /> ' OFFAULT. EacA of tRe toQowing,at the option of Lender.shaU conslittute an event of Qefautt('EveM of Defau(Y')under 1hls Oeed af Trusk ��,�����•
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<br /> ° _ � . � 08teu11 on InQeDieQness.Faifure oT Trustot to metce arry paymerrt wnen due on the Indebtedness. . �
<br /> ;{; .. , _ � t � OetaWt On Othei Payments. Fa7ure ot Tnutor withln the tlme requtred by tNs Oeed ot Twt to meke any paymerd for�or insuranoe,or ' �r�� _
<br /> -;? ' • arry othar payment rteoe�ssary to prevem fiing ot or to effed dtscharge of any lien. � :+::���_'
<br /> ;�: � ',� Compiiance DetasY�. PaUure ot Trustor to wmpy with any other tenn,obligatlon,asvenant or condi�on canfaine3'c+this Deed of Tn�t,lhe ' :F� _�
<br /> •, � • Note or M arry of t1�Retated Qocuments. �,�•�'•`."�
<br /> ,'�'; FtL�3be�msnta My wertanty,�epreserdatlan or statement made or fumished to lender by ot on behaH of Trustor under fhts Oeed of Trusl. ";y�i-
<br /> ' ' . • a. the Nnte ar the Retated Oocuments is telse or mfsieading In eny msterlal respeC�either now or at the Ume made orfumisheQ , .',�,,:�_n--
<br /> � � Oe4aeltve Coita2ert�atton. This Oesd of Tru51 or any of fhe Retated Documertts oeases to be in tu0 force and eftect(includiag talure of any _ "�'���=
<br /> . - co0ateral docum9rds to txeate a vBAd and perfected secutily i�erest or Qen)at arry time snd for any►teason. • '.'��is-
<br /> �. Oeettl ot fnsoNenry. The death o!Tnutor ar tRe dissotutlon or tenNnatlon o!Tn�stars axlstence as a goinp btutness,the tnsolvancy of - :; - -
<br /> ,:�s' . Trustor,the appofntment of e recatver far any paA at Tiustors property,any sssignment for the benefit ot credltors,any type of aeditor woAcoul. � �� ���
<br />° • • . or the commencemenf of any procesm'ing undar arry bankruptcy ot insoNency laws by or against Trustor. � . � �
<br /> .. . =.�:�,-_
<br /> `` • Foreclosure.foitelNre.eta Commencement of toredosure or forfefiwe praceedings,whether by judicial praceeding,selt-he(p.repossession •�'�;�,3.
<br /> " �' . or arry other methad,by any cre�dor of Trustor or by any governmentai agency against any of the PropeAy. Hawever.this subsecdOn ShaU not .. =
<br /> appty in the event at a good faiih dispute by Trustor as to the valtdiry or reasonabteness of the ctatm whtcfi Is the bas�of Ma bre(�osure or _
<br /> torete(ture proceeding,proNded that Trustor gives Lender written noUCe of suct�e�:sn anC turnish�reserves or e surety bond for tha CWm ��`y
<br /> - . - satisfactory to Lender. . '�`:
<br /> Bres�of Oiher Ageamenf. Any breach by Trustor under tne terms ot any other agreement between Trustor and Lender that is not remedied , . ,
<br /> " ° wiL4.r.any grace peAOd ptovided therein,inctuding withoul fimitadan any agreement conceming arry indebtedness or other obtlgaUon of Tn�Stor
<br /> ' ` , to lenQer,wtietner e�dstiag naw or Iater. ,
<br /> ' � ' Eventa Af(etUng Guart�nto►. Any of the prece0ing events accu►s wiM respect to any Quarantor of any of the Indebtedness ar erry(3usrantor � �
<br /> . dies or becomes incompetent,or revokes o�OisD�ea the val►dityr ot,or Iiabitlty undsr,a�y fivaranty ot the(odebtednass. Lender,atib opUon, � .
<br /> � • �, may,bul shall not be requUeO to,permft the Guar9ntors�tate to assume unconQitionaity the obiigaflons arising under the gueranty in e �
<br /> � , manner saHSfactary to Lender,and,in doing so,cure the Event ol0efauN. '
<br /> . ' _ (n$eeuAty. Lender in good faith dee:ns flsel}insecure. • . .
<br /> � • Rtght to Cwe. If:.uch a tallure Is curable and if Trustor has not been given e noUCe of a breacb of the same provlsion of tNS Oeed of Trust ,
<br /> `'� � � within the prece�rNeNe(12)months,!t may be cured(and no Event of OefaWt will P�ave occurred)if Trustor,efter Lender sendg wdtten • •
<br />. . .���. nodoe demandinp c;ra ot such Iaiture: (a)cures the taiture withln fifteen(18)days;or (b)if the cure requbes r.rare tfian fifteen(15J days, � :
<br /> ��:p . , Immedlatefy initiates steps sufftclent to cure the faliure and thereafler contlnues 8nd complet6s aU teesonable end necessary steps suffldant to .
<br /> , produce compuanrs as soon as reasonably practical. - � .
<br />� . , RIGHTS Al1D REMmIEB OH OEFAULT. Upon the oecurrence o1 any Evenl of Oe(euit flnd at eny dme thereafter,Ttustee ot Lender,at fts opUOn, '
<br /> ' may exercise any one or more o}the following Aghb and remedtes.In addiUOn to any other rlghts or remedles provlded by law: • � .
<br /> � AecCleraUon upon OOfaUH;AQdIUortN Remedle9. I1 any event o}de(a�Ot oocurs as per the terms of the Note secured hereby,Lendar may :
<br /> � • deGare en InCebteOn�s secured Ey this Deed ot Trust to be due and payabte end the same shatl thereupon beca.�:e Que and payabfp vdihoul .
<br /> any presentment,demand,protest or notlrs ot any kind. Thereafter,Lender mey: � •
<br /> --"� (a) Either in person a by egenf,witb or wilhoul bdnging ony acdon or proceeding,w by s receiver appolnted by a couA and vAlhoui
<br /> regard to the adequflcy of ib securlty.enter upon an0 take possesslon of Ihe PropeAy,or any paA ihereof,in Its own name o�In the name •� •
<br /> � ot Tnutee,and do anyacts wAlch tt deem9 necossary or deslrabie fo presorve the vaiue,matketability or rent8biiiry of the Property,or paA �
<br /> of the P►operty or interest in the Property;Increase tAe incom0 bom the PropeAy or protect ihe secudty of the P�operty;and,wlth or v�IthoW
<br /> � taking possesslon of tho Property.sue for or ptherwise coltect the renb,Issues end profits of the Properly.Inctuding thasg past du9 and
<br /> �"� ' unpald,and apply tlfe same,less coab and expensgg ot operaUon and cottectlon,lnduding ariomeys'fees,to any IndabtBCngss secured .
<br /> ' by this Oeed of Trust,all in such order as lender may determine. The entering upan and taking possesslon of the PropeAy,the eoltecUon
<br /> � � of such renls,issues and profits,end the appliceUOn thereol shall nof Cure or walve any defaNf or noUCe of defaiilt unQer this Oead ot Trugt � ,:
<br /> . or tnvalldate any ael Aone m response to such default or pursuant to suCh notice o!default;end,notwitAStanding the conUnuance in .
<br /> � possession o!ihe Property or ihe coltection, reCeipt and epp{1Cetlon o1 re�ts.Issues or profits,TruStee or Lender Shail b9 enUUBd to
<br /> • """ � exerc�se every right prohdeO tor m Ine Nole or INe Retated Documents or by taw upon the occurrence ot eny everA ot defaul�inct�ding tAe r
<br /> �'; - nght to @xerC�58 the power of Sale; � �
<br /> � � . � . (D) Commenca an acuon to�oreclose th�s Deetl of Trust as a mortgage,appaint a recelver or speciflcaliy entorce any of the covenants �
<br /> • hereoh,and
<br /> � t � (e) Oetnrer to TNSte9 8 wriften deClarallon of defaull and demand to►seie and a written notiCe oi detaulf and eleCUOn to ceu50 TrustO�'9 � • '
<br /> �. ' • interest in Ihe PropeAy fo 6e sotd,whlch notice Trustee shafl cause to be dury fifed for record In the appropriete oHices of the County In � •
<br /> . - , which the Property is located;and
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