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<br /> ,� � �_ .,. ,� fl�f Q A �2E�/��OF TRUST �ge 4 $� � : . E` .
<br /> VO�1P1a�8 W��Prd� ��4
<br /> � � � �, ���o��� � 98—���.�� -- � = � -�.
<br /> `, TeEee. The taQOwlrtg sha11 eon58tttte fexe9 to whlch thb ser�ttun ePPt�: (a)e sy�ifro tex Won UUs type ot Reed ot Trust or upon aD or anY '. ` :`
<br /> patt�tt�e indebtodn�s s�ec�ued bY thi�Oasd of Tna� (C?e s��cn Tnmtar wNeh Tn�tct b aulAarlxe0 tg reQt�Ued to d9duet from . '.,.`
<br /> � � � �holds►of t�e�N�e��+d�(d)e sP�c tax on ell ar anY OaNan otf the I�ndsbtedn�or1on�paYmer�b����8^�d����rby � . � --
<br /> . Tn�tor. ,
<br /> . �. . .
<br /> � SuBSeQueM Tmce� I1 erty tsx to wtilth ttUS secUOn epplles is enaeted subse9ue�d ta the data af this Oeed W Tru51.this everd shall have the ,
<br /> � sama eft�es an EereM ot Oetault(as de9�d betav�).an0 lender may exerdse ar�y ar a0 af ib avaitabte reme�tcr en Evert o!Oefa�as . . _
<br /> � provEded helaw nntess Twtor e3ther (e?OgYs tho tax betora R Eecomes de9nqusnt,or (b)cor�ts tAe ta�c es provtdad eLove in ths Tm�es artd , , �
<br /> . , I.ie�s s�don and depa�b w(th ten�r c9sh or a sNfldent earparate surstY Dond ar otAer securiry satisfactory to Lende►• . -
<br /> � � ' SECt7AiTtt AGREF7�9ENT:FIPJAKCI@[0 STATEMEFiTB.Ths toVawing ProYsto��tattng to tNS Dead ot Trust es a securtry e9�eme�ere a Oert at . ' `.`..
<br /> � 1NS OesA at TrusL .. _ : .��r�,
<br /> _ -- , � Sedt�iifl�me�tt. Thts instrurtient ShaD�e s�uity agreemorrt to the exterd anI►ot the PrapartY canstihAes�m other = T'.,,._.
<br /> , � � personal propartY.end Lender sAaO havo eil of the dghts of e secured PaAy►undat the Unisorm Commerd8l CaQe&5�s+�ed(rom Uaas t0 . . .
<br /> � ' ` . Htne. � � `
<br /> . • Sequlty Ir�resl. tJpon�equest by Lender.T�shaU m�cute 6naneing statements and fake whatever ott�er adton is r�uesSed by Lender I . . .
<br /> � � to per(ed and co�ns Lenders sacurfry ir�eres!in the Rsnts end Petsonal PropeM. In adQdton to recading this Deed of Tntst in Ute reel . .
<br /> . . prop�ty cecords,isnder may.a1 enll Bme end wHhout tuMer aNhariaaHon irom Trustor,fite�d counterpaAS.eo0l�or reprodudtons af _: ,. � ��`
<br /> � tNs D6ed of Tiust es a 8n3r�cln9 statemeM. 7nasiG;srlalt ralmDsa�t.endar tot�I!�iix�med in pertecting or contlnWnp U�Ls sewdh► -.-..�;- .`_:;_."..:;,
<br /> : ` end make�avet�8bt8 to Le�nd�wMtn @u�(3)dayrs after�o��n emand from I.ender. reasonabty conveNent to Tnistor enC Lender �,':u=" ,
<br /> qpdressea The maIDa9 addressas at Tnator(Qebtor)and Lend�(sec�ued DerlY?,from whtch trdom�aIIon concemin9 the securih�"E�e�t �f ':, . . . ';-
<br /> ` grantad by fh�Deed ot Trust may be obtatned(e�ch as re4uired bY the Unitorm Cammert�al CoQe).ere as stated on tha first pa9e o!thfs Qeed - ".!��--�� .
<br /> otTNSt.
<br /> -� :%:�.:Y_�::
<br />-' .. Fi(RTI�R ASSURAHCEB:ATtORt2EY-IH-FACT. The toRawing provisions�IaHng to fuRher assurances and attomey�-in-lad ere a paR o!fhis - , . _ --.
<br /> , _ Ueed of Ttust. • .'
<br /> .'.�a.`=-
<br /> F�her ps.qUran�s, µt eny time,and hom tlme to tlme,upan cequest ot Lender.7nistor w(u make.execute ertd Qe�ver.ar wN cause to be � ,-
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<br /> • . ' made.executed or de6vered.to Lender or to lendse's de�9nes.and when requasted by LenQer.cause to be fifed.tecorded.re8ed.ot :, .y;.��,;r�
<br /> rerecorEeO.as the case may ba.at sueh Umes and in such otfioes and ptacas as Lender may d�m approprtat�,arry ead aD sut�moclgagas. . :•_�
<br /> � deeds of trusi,securitY deeds.securiyl aB�eemerds.finandng sfatemer�s.cordinuadon statements.lnstrumerds of further assurance.�tes. �. �.
<br /> . and other documsnfs as maY.in the sofe oPinton of Lend�.be nec�seilr a d�irabte in order to efte�tua�.eampl0te,oertect.co�tnue.at ..... ._- _
<br /> � preserve (a)tha o6Hgations of Trustor under tAe Note,this Oeed of Tnist,and Ms Related Documer�ts,and (b)tha tlens and�rity►inffires� -- ,, � _-_
<br /> aeated by this Oeed ot Trust on ihe Property,whether now owned or hereafter acqulred by Tnistor. Untess prohfiibe0 by law ot agreed to ths ^ ,; '.�.�.
<br /> � � 'i`• conUary by Lender in wriUng,Tnstor shall relmburse LenQet tor a�cosfs and e�e�es incurred in connec6on w(tt+Uie matters reterted to in :;,�,.. _ . •� �,�_'
<br /> ' thts par8grapt�. � ='�
<br /> .. . . � pttpm�p.FBCt. If 7rustor fails to do arry of the things refeae9 to in Me precedia9 Para9rePh.�-endet ma5►do so for and in the n8rtte of i 4 ��
<br />' � Tnistm and at Trustors e�enss. Far such purp�es.Trtsstor hereby trrevocably appoints Lender as Trustofs attomeWMect to►the purpose . .r �,'-
<br /> � , ot making.exBCUUng.detivefing.fitlng,reCarNng,and doing 8A other thing�as may be nece9sary or desir8b(e,in Lenders Soie apinfnn,to _ , :.i�s_
<br /> . accomppsh the rtmtters reterwd to in the precedin9 paragraph. � � "�
<br /> , 1; ,.,
<br /> � � � q1LL pEpFppMANCE If Tn�sior pays eU the Indebtedness when du9,and othervuise Derfcrtns ell the obGgatlans imposad upan Trustar under this ` ' ��
<br /> Oead of Tn�st.Lender shai�execute and deuver to 7rustee a requesl for tuil recomraYaeca and shall exea�te and deUver to Tnistor suitabte `�� �; `Y�,��
<br /> ue
<br /> statemenb ot tertNnaUon af any►ftnandn�statement on fi(e evfdendng Lende�s se�ll�e��n ide Rer�ts and the Fersonai ProPeRl/• �Y ,�.,=:_;;
<br /> ' recpmeyancg feg requtred by faw sttelt be paiA by Tnutor,i1 permitted bY epp�icabte law. ; '• ��`'
<br /> � . i..' ('Evem of DetaulY�under th�Deed of Tnu� `��.�;"'
<br /> OEFAiB.T. Each of tfie tollaw!ng,at tha opUon af Lender.shail constitute an event of deta�"t u
<br /> _ , • .:.�-;
<br /> � Oetat�i on InQebiEQnee9.Fal�ure ot Tt�M�to make any payment when due on tha tnde6tedness. � "'
<br /> �. . . ,^I�:,
<br /> ' � Oefauri on Qtrief Psymenta Fa]ura of Trustor within the tlme requked by th�Oee�ot Trust to make arry payment for tex�or frQUrance,or ' , :�=,
<br /> . � . arry other payment neeessary to preverA fiHng of or to eNed discherge ot etry Ilen. ` � .:
<br /> �; • . � �qmpitan�e petasdL Faiture of Tn�star W comply with any other term,obltgaUon,covenaM or contlrtlon cor�ined in this Oeed ot Tn�sl.the . , �w•���_°
<br /> • Note or in enf►ot tha Related Dacumenb. .. . � ".'�;.-:`
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<br /> ' Fe�ise S�m2ntD. MY w��Y,representaUon w statement made or fumished to Lender by or on behatt o}Trustor under this DeeA of?rus1. . �
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<br /> . ;' tAe Note or 9he Rsfa[ed Oocuments is felse ar misieadfng in airy materlel respocl,either now or et the Ume made or fumfshe0. �;�:;
<br /> ; , ,;,"�,a-
<br />,.:�. pp{�►ye�lleterailmtipn. Thls Oead of Tnist or any of the Related Oacuments ceases to be in fuD force antl efted(indud►ng faitute of anY
<br />,.,; . cotiaterel documenl5'o aeate a valid and perfected Security interest or Iten)at arry dme an0 tor erry reason. ; `;;'�
<br /> , Oestf�Ot fnaotveacy. 77�e death of Trustor.the insotvency of T�ustor.tha epDaimment ot a recetver Por 8rry DaR of Tnistals propedy.any '• ..�'-
<br /> .. .:� . ��-,: .
<br /> assignment for the benefii ot aedftWS,any type of creditor warkout.or Me commencement ot any proceeding under any bankrupicy or - - •;,•.�
<br /> ' insotvency isws by or egsinsl TnutOt. , �.•:�•:
<br /> Foreetosur0,FoAetturo,ete. Commencement of foreclosure a torteiture praceedings,whether by;�Sdel proceeding,seif-help.repo�.,session •
<br /> � • or any othar metho d,by any credrtor of Trustor or b y any governmerrtal ageney against any of ihe�aperry. However,this sub�ctlan shaA not . , •
<br /> � ; us
<br /> ,,' appty ln t�e event ot a goo0 taith dispute by Trustor as to the vaud'Ay or reasonabteness of ihe daim whieh is the ba519 ot the forectosure Or
<br /> , j toretetture procee�ng,provlded that Trustor gives Lender wr(tten notice of such clalm and fumishes reserves or a surety bond tor tha daim
<br /> ' t satistaetory to Lender. . , ''
<br /> ' BreaCfl of Other AgreemeM. Any breach by Trustor under the tem�s of any other agreement between Trustor and Lender thal is not remem9d • -
<br /> � �� wi1Nn any grace pedod provlded theretn.Inctudinp without umitaUon any agreement concerning t�ny indebtedness or other obligaUOn of Trustar .
<br /> ,' ' � to lender,whether mdsUng now or Iater. : . ' �
<br /> • � � Events AHeeUn�Guatantor. Any ot the preceding events occurs with respect to any(3uarantor of any o1 the Indebtedness or arry Ouarantor : • , _
<br /> , � 'i dies or bscomes inwmpetent,or revokes or disputes the vaiidiry o},or Ilability�under,any�ivaranry of the InQebteQness. Lender,at its opUOn, �
<br /> � may,bul shatl not b9 requlred to,permit the Guarantors estate to essume uncondiUOnalty the o611gaUons edsing under the guerenty In e
<br /> , � manner saUSffiCtory to Lender.end.in doing so,cure the Event ot Oelault. � ,_,
<br /> � tnseeurity. Lender In go0d faith Ceems Itselt irsecure. • , � �
<br /> � s E�dslln�InQebteOnP.G9. A Qetault shall occur under any Existlng Indebtedne5s or under any instrumeM on the Property secuAng arry Exlsling - �
<br /> _ •� Indebtedness,or eammencemenl 01 any suil ar other actlon to toreclose eny e�dSUng lien on the PropeAy. �
<br /> �fRl�t to Curo. If such a taliure is curabte and if Trustor hes no1 been given a notice of a hreach of the same provislon of this Oeed ot Tntst :
<br /> i wHNn the precedln8 twelve(12I month9,it may be cured(and no Evenf ot OeTaNi v�ll have accurteG)if Trustor,after Lender ser�ds wrllten •
<br /> , �I nouce demanding Cure of such faiture: (e)cures tha faiture wiihin ten(10)days;ot (C)if tho Cure requlres mor9 then ten(10)days,immedlatery
<br /> IniUates steps suffldent fo cure ths talture and tharea8or contlnues end compt�tes all reasanable and necessary steps sufflclent to praduce
<br /> � compllance as soon es reasonaDly practical. .
<br /> �� RI(iHTS AND iiEPJ1EOlES ON OEFAIA.T. Upon the aocurtence of eny Event ot OefauB and at any Ume thereatter,Trustee ar Lender.af Its opllon,
<br /> � � j may exercise any one or more o1 the fonowing dghts and remetlies,�n�dditlon to any other dgAts or remedies proNded by law:
<br /> � Acecteradan upon Oetautt;AddiUortal RemeCles. if any event of detault occurs as Der the terms of the Note secured hereby,Lender may
<br />. ° dec�are all lndebtedness secured by this Deed of Trus1 to be due and payabie end the same shall Mereupon become du9 and payabie withoN
<br /> � n t m e M d em and, rotest Ot nolice of an y kind. ThereaHOr,Lender mey: �° .
<br /> any prese . P
<br />'.:�:°� (a) Edher tn person or by agenL with or wiihout bringmg any actton or procee0ing,or by e receiver appolnted Dy e couA and withoul f .
<br /> � regard to Ihe adequacy of ib security,enter upon and take possession o1 the PropeAy.or any part thereof,In its own name or in the neme �
<br /> of Trustee,and do any 8cis which d deems necess8ry or Qosirable to preserve the value,marketabilify or tenlabiiity o1 th9 Properly.or p&rf
<br /> 01 the Property or interest+n the Properry:in�Yease the Income from the Property or protect the security of the Property:and,wtlh or wilhout ► :
<br /> ,' tak�ng possesslon ol the Property.sue for or othenx�se coitect the rents.issues and profits o11he Properry,Including tho5e past due and � . .
<br /> . �, � unpaid,and apply the same.Iess costs and expenses ol operafion and coltecUon.Includmg attorneys'tees,to any indebtedness SeCUred }
<br /> by this Ooed of Trust,all m such order as Lender may determin9. The entenng upon and taking passession ot 1Ne ProAe�Y+the coliecdon �
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