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<br /> � 22. BECURI'fV INTER68T UNDEa TH�E�UN�ORIonn o�tho UCI orm Cormx3 Glal Oodo (ao adoptod�ln�sho tat�o whoro�th�o roal Ca I�hY88'+locayod) ,,
<br /> 1 rmxt
<br /> ciNpnwm hnd n Ilxturo fll np pu °
<br /> covorinQ(Ixturoa,chettols,nnd articloe oi poraonsl proporty now mvnod on c�roaftor allnchod to or to bo ucod In connor.tlon with iho Propc�rty togothor witn �.
<br /> ¢ny and nll roplacomonta thoraal nnd edditlane thoroto(iho'Chnttola').and C3rantor horoby grenta Londar a socurity Intoroat In nuch Chaliola. Tho dobtor Is �
<br /> I of eeld on�lsos(Induding eald ilxturee)18 situnlod. Thls w
<br /> 1ho Qrnntor doscrl4ad nbovo. Thls Ooed of Trusl wlll be olloetivo ao a Mandng stntomom filod aa e Iixturo illlnp with rosPuct to all Iix�uros Ineludad wit n
<br /> enldprornlsaa and Is to be Iilod lor record In theraal astato rocords of oach county whero nny part P� ppr �
<br /> I Deod ol Trust shall olao� la�or�olherroproduc lon ofehls Deed of Tru91 or ot any tinencln8 s a om°���Ing to ihis Dood of 7ru�shall ibe sufticlontras a �
<br /> 1 oNlce. A carbon�Ph c9► Ph
<br /> nu{ta InoxoGOito�nd'dolivt�r sf uch soc�ty a9saaRmeNs I(nahisuchrtogrm�ls d noe In asld Unllorm�Cortrrarcla Codo)neVLonder al�any tir►x►r►naY deem
<br /> � nacosaary or proper or req��lred ta�nt of Ciran%rr �rentor herA y euthor zos�Lender�to I le ItinanGng sta ormenta(aalsuch t�r�n 61s dotinod�In cn d unin�m •
<br /> slgn eny euch agreomom 9e
<br /> Commorclal Coda)with roapoct to ihe Chettole,at any tlmo,withoul tha signaturo of C3rantor. l3rantor wlll,howevor,at any tirta upon reque5l of Lonaer,
<br /> slgn cuch financing statomonto. Qrantor will pay ail tiling foos lor tho flllng ol such Ilnan.lnp ctatemenis and f�r tho rullling thoreaf et the timos raqulred,In
<br /> InOheovon to eny8dofayulteundorl thls D e ofrTruaL�a I tho r ght et 11e end lo e esl of(3ranlor In an�d to any nnd�all ofn c�nan is i6 horeby assegnodto _
<br /> Lendor,togethor wilh tho benelit of any dc+poslts or paymenis now or hereafter madv ihereol by Orantor or ihe pr�daeessore or successore In titlo of
<br /> Orantor In tho Proporly. -
<br /> 23. REIMBURSEMENT OF AMOUNTS EXPENDED BY LENDER. lender,at Lender's optiof�n Y eunderihls Dee�d of T st Upon d mand Ci►entor , . _
<br /> oxpensea)to porform any act requlred to be takon by Orernor or to exercJse any rl9ht or remedy de _
<br /> shall immedietely rolmburso Lendor lor all euch emoums expended b�ynLe^�r'ho9e�the ofirei nrtiwrsa�mont�Theso s�ums shall bo Induded�in�tho de0nitlon of -•
<br /> Obllgatlons heholn and s�hali W Is cured by he benofidal�Intore t�antod heraln. If ihe Obllgatlons are pa:d aRor the boginning ot publlcatlon of notico of
<br /> salo,as horeln provided,or In tho ovent Lender chall,at Ita solu optlon,permil Qrentor to pa enY Part of the Ol�Ilgatlone ahor the beglnnNg ot publlcatlon of
<br /> notice ot�ale,as hereln provided,then,arenta shell pay�oTrustee andior tenLender,�nd a reaso able fee ta Ihe Trustee,and hfis Deed oflTrus�l ali bo '.SP.I�"';"`'-
<br /> fnduding reasonable attomeys'fees to the attaneys(o h ',;_�^�_�.
<br /> ' sacurfty for all�uch expensos end fnes. ._-__-�-�_
<br /> � �,. �.,.--.
<br /> 7A. APPUCATION OF PAYM�NTB. The Trustea shall�y the proceods of tho trustee's sale,firet,to the cosis and expenses ot exercislnq the pawer o �,k
<br /> sale and of tho sale,Including thupaymem of the Trustee's ees actually Incurted not to oxcsed ihe amount whlch may bo Provlded tor N tho Aeed of Truct, ����,�
<br /> I sacond,to payment of iho ohll4yatian sawred hy lhe Deed oi Trus1,lhfrd,to tho payment of Junior deeds of trusL mortgagos or otMer Ilenholdors,and ihe .��. . ` '
<br /> I balflnce.If anY,io thu porson or porsons logaliy entitled thoreto. , p. ' ,r��c �=
<br /> { Inis Lender as Its anomoy-in•fact to endureo(3rantor s nema on all Instruments end other documeme -
<br /> 2b. POWER OF ATfOANEY. drentor horoby e p p O pe - -.
<br /> ' parlalningo�takenlorte�xeculed b�rentaigunde 1 h�Ist lDeed e f Trust��Lendart8tlod�but�no1l�re qusu h act l on o executlon�o f su c h d ocu m e n ts Ehall n t .`.'��f�. ,
<br /> pe of
<br /> roqulred t
<br /> re l leve Qrantor from any O b�lpa t lon or c u r e a n y d e t e u B u n d o r t h i s D e e d o f T r u s t. A l l p owere of attomey cbsaibed in ihls Deed of Trusl are cou�led with an ?�, •- � � �
<br /> Intorest and aro Irrevocable. ,
<br /> �'` 28. SUBROQATION OF LENDHR. lsnder shall lw eubrogated to ihe righta of the holder of any prevlous Ilen, sowrity Intorest or onwm�renco
<br /> dischnrged with tunds advanced by Lender regerdless of whether these Ilens,sacurlty Inierests or other encumbrences have been reloesed of record. i,.
<br /> . t > .
<br /> ' 27. COLLECTION C08T8. To the oxtent permiriod by law,Cirantor egrees to pay Lender's roasonable tees and cosls,InGudfng,bu1 not Ilmited to,fees
<br /> .,� �7° and wsis of attomeys ancl otner eganio (ir�;v3ir�•rr�ihc::t°ss�ts'•!^"^?raiaanls,derkn and conspultantn),whother or not such anomey or egent Is an
<br /> + o�pIoy�u ot Lender.�nh��ot IlrtWiitod to yall leesra�ntl�II etflnc urtedoneppeal,In banlaupt y�aYd for poat ju�dgrtwnt�II�ectlon ac�tions.��:.:����hAr�r not • ' . ,
<br /> % sulf is brought.Ind g. •`•:;i ���
<br /> . f g ,�`�„ . ' '
<br /> � 2g, PARTIAL RELEA8E. lender may release Ita Interest in aportlon ot iho Properly by executing end rocordlng ona or moro Partlal Detids of
<br /> Reconveyanoe wflhout aftectln8lts Interesl ln the remalning portton of the Property. Nothing horeln shell be deomad to obll ate Lender to releasa any of Its
<br /> • ' � Intorest In tho Property(except as requlred under Pare�38 cr as maY be othervvlse requlred by law),nor shall Lendor be oWigated to rolaase any part i ',.^
<br /> of the Proporty If C3rentor is In default undor ihls Ooed of rust. The uen and ceairity Interest aeafod by ihe Deed ot Ttust remaln In effect with respact to �', �S i:.
<br /> , that portion of the properry,as deflnod In the Deed of Truat,that le nm the subJect of this or any Perilal Deed of Reconveyance ;
<br /> C' , �9 ,;
<br /> 29. IWODIFICA7lON AND WAIYEH. 7he modiflcatlon��rnw�veof Bo�rrowe�or C3rento s��Obligatlon ede�Iary or ell to exerdtr.cr an of kefrights or as�pl �.,�
<br /> ` contelned In a wdting slgned by Londer. Lendor m3Y Pe 9
<br /> �` paymonts from�rentor or enyone other than�rentot without causing a waiver ot those Obligattons or rights. A walver on one occas on ahall not cons111ute '
<br /> � a wnNer on any other occasfon. Orantor's Obllgatlona under lhis Deed of Trust shall not be aftected if Lender amends,compromises,exchan9es.falls to _ ��,
<br /> y exordse.ImPalrs or heBP os any o�n�Q61te�llu�rento I�nsl t�upon s�cyt perfcrtranceROt eny of the Obll9atons shellnnotbebdese�►nod wyalve�ano�L�ender shail �� �—
<br /> thltd party or eny of t pertY �,�.
<br /> �. have the right at eny time thereafter to insist upon etdct parfortr►anco• ;:,•
<br /> �'�• � 30. SUBSTITUTE TRUSTEE;'PRUSTEE 11ABtUTY;COMPENBATION. In case of thu death,Inabilfty,refusal to act or ebsenee ol tha Truatee from ihe - -- �--�---`-
<br /> r � state where the reai proparty Is located or In case the holdor of tha Obllgatlons shell desire icr eny reason to removeethne�T ull�woe iosueppolnt In writengaa �-
<br /> ;� trustoo horeunder end to eppolnt a new trustee In hls piaoe and stead,the holder of the Obllgatbns Is hereby g Po
<br /> �:'���,;;-.,.
<br /> 6UbS1IlUI0lNbi06}0�08IfJ TN51@0,BIId lh6 N�bStIIUI81NSfB0 6I1811,wheneppoInted,bOCOfT10 811CCBSSO�10 E11I flQh1s Of TN6190 F10f9L1t1E8�Bf�d 1F18 80Ii18 6fial� �,�,:;v_ —
<br /> � � baeort�e vested In hlm for the purpcaea and objecta ot thls Deod of Tmst wlth eil the power,dutlea end o�llpatlons hereln conterred on ihe Trustoe. T�vstee �___��
<br /> � chall not bo Ilablo far eny ertor ot judamem or act done by Trustee,or be otherwise responsl6le or accountable under eny dramstences whatsoever. �,.<�,_,
<br /> � ;� Tivstee shall not be pars�onelaiyg Ilse�o fn case of entry by It or anyone ecting by vinue of the powors herein granted It upo�nh tha Doed of T►uat for debts ��
<br /> �em�ent nrrslgna�SUre eulhorizln9 or suppaning any actlon�aken a�p►o ptoi�sed to be take�n by It hereunder w�belleved bylt In� te feit toyhesgenulno. -_
<br />- - titlod to reimbursemant tar o nses Incurred by il In the perfom�anon ot Its duqes h Teruateerhereunderend relm�bu�e Tru�s�a�e for�d ���
<br /> �� � Truetee shall bo en tlrre to tlmo, compensation due ��'�^��° �
<br /> rentor will,from PaY - -
<br /> q � of Its servlCes hereunder as shall be rendored. end expense whatsoever incurtad by it In tho porfom�ance of fls dutlea. -_ .,;_�i„
<br /> d �;
<br /> sbve end hold B hamieas hom end agelnat eny end ell loss,cost.Ilabilfry,damago `
<br /> All moneys receNed by Truatee shall,untll used or applied as hereln provided,ba held In trust for thepurpases for which thoy were recehred,but need not r �xu,�.,.��,=I
<br />� • � be sepregatod In eny manner from eny other monoys(excopt to ihe exlent rAqulred by law)end Truatw�shall be undor no Iladlity for interest on any ��::��r�. ' ���°
<br /> • .�>, v„ �v.
<br /> :`..�' moneys receivod by I l horoun d er. � , •�-•
<br /> ,.,�y.f.,,.�.. .1�,�,��:;
<br /> I 31. SUCCESSORS AND ASSlfiNS. Thie Deod of TNSt shell bo binding upon end Inure to the bonofit of Qrantor end Londor snd itielr respac�ive ..;.�y�
<br /> rsonel ro sentatives,legatoos end devlaoes. • � :�w•..
<br /> :� succeasore.asslgns.tru6tees,raoeivoro.administretora,pe Pro _
<br /> � .. . ,
<br /> ~ i t�he partles at tho eddrosses decctlbedlln�thla DeWed ot Tnist�orrs�oi�he armmddnross asihe�p�artins�ma y�deslgnete Indwrfiting fromtlrrre to timo.9Any uch
<br /> ' +. notice so given and sent by flrst dass mail,postage propald,shall be daomed glvon tho oerller of three(3)days aRer such notico le sont or when recalved
<br /> = by ihe p�rson to whom such notice Is iwing given.
<br /> 93. 9E�ER og� Is on of th s Deedrof Trus'vlolateshu law o�Is�unonDtorce�able,the rest of hu D�oed of Trust shail�ntinua o�bo valld and enfor��ab�l°Q state ,
<br /> Y P�
<br /> 34. APPLICABI.@ LAW. 1'his Deed of 7rust shall�e govomed by Ihe laws of the state whore the real property Is located• Unlese eppllcable law providos
<br />-' otherwise,Ciremor consents to ihe Wrisdleibn and venuo of any courl selocled by Lunder,In Its sole disaetion,�ocated In that state.
<br />- � ,.___ _ .._�_......�..m.,.e�.,,�.,o�f damand for navment,notioe of dishonor and ' �
<br />� -- --- - 1 .,
<br /> � 36. MISCELLANEOU3. Grantor and Londer agrao tnat time ie oi ino ea�,n�. .a�a����W_-�---.._ - • - - - -
<br /> � p�mest exce�t as roquIrcni by Iaw. All reforoncos to Grantor In this Deod of Trust shall Indudo�IIp�rsons slgning below. If ihoro le more tnan ono urunior,
<br />- I tho;r Ubllgatfons shall bc�iolnt and sovorel.fiia Doed of Trust reprusents tho completo Intagratod undur6tanding betweon arentor end Landor portalning to
<br /> tho tortns end condhions fiereof.
<br /> 38. NO THIRO PAfl1Y RICiHTS. No person Is or shall bu a third party benofldary of anypravislon at this Doed of Truat. All provfslons of thla Deed ol
<br /> ' Trust In favor at Londer ere fntendad soley for the benafit ot Lendar,and no thlyd pNty shalf ba ontitlod to assumo or expoct that Lendor wlll not walve a
<br /> ' consant to tho modi(Icatlon of any provlsion of thla Dcsod of Trust,ln Londors soio disaotion.
<br /> x; y ga
<br /> � person(egcep e porso�oxprese YTMI asodPRw�ing)�lo�h°�pa�Ymont endo Ile�lit��oftho Oballgetlons�and wfthouttelfocting�id�hte of Londe�wilh
<br /> ' reapect to any Property not oxpressly released In writlng,and without impalring In any way iho prlority of thls Doed ot Trust ovor tho interost of an po►son
<br /> aoquIred or Iirst ovidonced by racording subsoquont to the rceeording ot thls Dood of Trust,Londor may,Of tho O�bll r�IonaNQmekv anyt agr°nmoni���tg'�he
<br /> " end wlthout notico or eonsenl:releaso any porson Ileble(or ymont or portonnanco nt all or any part 9a
<br /> tertns ol payment orportom�snce of ell or eny part of tho Igatlons;oxardso or rotraln trom oxordsinp or waive any dght or romedy thal Lendor maY hev°
<br /> - � under the Deod of Truet;exopt additlonal nocuriry ot eny kind for any of tho Obligatlons,or reloase or othorwico�kial with nny roaf or porsonal properlY
<br /> { bp�yuing ti�o Obllgatlona. Any percon aoqulring or recording ovidonco of eny Interest ot any nature In iho Property shaJi bo daomed,by ecqulring cuch
<br /> Intorost or rocording any ovfdonca thoreol,to havo cansentod to nll or any such actlons by Londar. �� ,• Q,
<br /> _ ' PuQ04UG `�� \ ' - �
<br /> NEDOTD Hev.ItAa I ,
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