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<br /> _ . .;� ��D 0�TI�UST : Pag2 4 � � . ,
<br /> ' f 02-�-1988 (Contiaued) � 9�'— 1��.��� '"-�` ' . . .
<br /> � �oan t�a 659g38 . .. .- ,
<br /> ` , . .,� F.fens s¢dlon end de0�s witt�LenQer eesh or a sutfldenl caP�a suretY bond or olher s�l sa�fadorf►to Lendsr. ' < ,
<br /> j �8�� '.�. , ,
<br /> . SE l�i l?Y A�i F I N A M C t M 3 S T A T�7�.T t i s t o II O w l r�Dravi�ons refati a 9 ta this Oeed of Tnast as a securlty a�eame�►
<br /> ` , `� tNs Q�d af TNSf. `�� ' .
<br /> SEGU[tY A�e�� T�instrum9rd sha!!�a sg���ment to tha eoc�ent an1►of tAe ProPer�Y eor�sdtu0es�or oU�t s -
<br /> . .. i pmsonal ProD�Y.and Lender she0 liave eU af t�e r►ghts at a seaued part5►under fhe urdtorm Cammercta!CoQe es amendad trom HmB to
<br /> 6rnB. � . .
<br /> 8ectptty trltEt�CSL UP��4�bY��•Tncstor sheD e�ute RnandaS statemsr�and teke whatevet ofhsr adion Fs�u�ed by Lender . .•. .
<br /> to P��snd eordlnus l.enQefs s�y►intecest tn ths Renta end Personat Rope�tY• tn aCdl6nn W re�n9 th(s Dead ot Tn�t In tRo real ' ":
<br /> . , prap�ty�sc�rds.Lender rraY.at enY tlms end withoul huther a�Mori�9on from Tnstu.ffie e�a3cuLed c�urderparts.coDtes ar rGOroGucStans af , .
<br /> tMs Oeed ot 7nffiI es e ftnaneE�s�atamerd. Trustar shaD wlmbur5s Lender far a0 e�emes fncurted in petfeetln9 or eor�tntdng thb secuAtY
<br /> - and m8ke f18v8H8bte to�r within�)days after ce�pt ot�wrii tten de d irom t.en�r. reasonablY eornentant to Tn�star end Lend� . . -
<br /> ' �V �' Add�es�eg, The matfing addresses ot Trustor(debtor)and Lender(sec�ued Parhi�fmm whieh irrtormatlon eoncernin8 the securiry In� : `
<br /> . � � grented by lhls Deed of Trust may be obtalrted(each as oeq�Gred by Me U"(t°"n Comme�al Cade).are ss stated on the flrst page of tNs Oeed .
<br /> .. 1 01 TtIUL :`! �
<br /> . . . :. i sra a Pe�!ot t�ts ,_
<br /> . . i FUAZHEA ASSUAANt�B:ATT�f3NE1l�l0-FACT. The tollaw(n9 Provt5lons teta6n9 to(uttf�esstuettees 8rtd ettomeyNn-tact _
<br /> • OeedofTntSL ' � '••'-
<br /> . �� Fur�er As�uai►ees. A!enY dme.and from tlms to dme.aPon�equest ot Lender.Tn�tar wi0 melce.ezecute and deGver.or vum cause to bs , . .i.:
<br /> • � made.�ecuted or Qeftvered.to Lend�ar to Lend�s desi8nee.and when requested bY L�nder.eause to Ee filed.reentded.refilea.ar .. :.,�. .
<br /> �, t :s• ,. , :-
<br /> � •• rereeordsd,as ths cass may be.at sueA tlmes and in sueh ofHces and piaoes as Lsnder rtmy deam aPpraAr�,enY and aU s�h martgaSes. `
<br /> deeds of trt�.secwfry deeds.seeurtt5►agreemenb.enanctn9 stateme"�,eonUnuallon statemerAs.instruments of iurti�er assuranee.����'* '� -`� :
<br /> and other doCUme�s as mSY,In tAe sola ophdon oT Lender.be n�Y a dashabte in ordBr to eReCtuate.comDle[a,D�. _
<br /> ' p�e (a)the abUga6ons af Trustor under itte Note.UtIs Deed of Tn�st.and the Relsted Oocumetds,end (b3 tAe Q9ns and seqttlty tnterests •- � `�f•.�-.:
<br /> �" ' aeated Dy this Oeed of Trus1 as 5rst end prtor liens on the ProPerlY.whether now ownad or hereafler ac4uired by Tn�stw. Untess pro4dblted by , --
<br /> �, . • faw or agread to the conUary by Lender in wdtlng.Tnist�shaD retenEurse Lsnder for aD co�and e�enses incurted in cann9cdon with the �.•_._ ., . —�-
<br />'✓ •f....� ; � �
<br /> � matte�s referred to tn this para�eph. `��'�l�}� ��—.
<br /> • h Leeder may Qo 5o for and in the nama mf ';,;.;;,.,;,,'-•",�o.
<br /> Attomey�n-Fac1- H Tnutor fals to do any o!the tNngs�eferred to in�D�edM9 R� • • : . . •
<br /> ' Tnstar end at Tntstors expense. Far suc'R ptap�es.Tnrstor hereby hre�r�61Y epPOinis Lender as Tr��sr's adomeyHn-fsct tor the P� ; .�F . -._
<br /> _ . t''�.__-
<br /> _ � _ �.-�� of maJdag.e�mcutlr�q.dellverin8.fiQnB.recording,end Qoing ali othertAings es may be neoessary or d�te,In let�defs SOta oPintor.Ya :L:;.�;:,,.�.>:�.__--_--
<br /> . accomyQsA the maiters referted M in the preoedin9 P�S�P� �''�' ;• �f
<br /> F1A1 P�iWAMAHCE. It Tnator pays eil the Indebtedness when due.terminatas the une ot ered�l.end otherviAsa Pertorms eD the obllgaUons (`�'a:`
<br /> 3��-__
<br /> , `. � ., �mCosed�Dan Tnistor ur�der this Deed af Tnrs1.Lender sAall mcecette�d��if�ro^oflle�da�9 L�e^ders���ty��nterest in th Re�0 the �;=��:
<br /> detiver to Tn�sta suiffibte s�temems of terminaUon af anY frnandrtg , t
<br /> . - F'�arsonat ProDet1Y•�!►reconve5����e4�sed bY faw Stta11 ba D�by Tnista H parrnifted by a00�te 18w. ._' _�`.;�",-`
<br /> -,:�.•i�.--
<br /> � �EFAUL7.Each of the toUOwinB.ptihe ePUun of lender.sAall constitute an event of defatdt('Eveet af Oelauith unCer this Deed of Tnts� •• �.,.._
<br /> • , Deta�IIt on Indebtednese.Fa�ure of Tnutar to make ar►y Dayme�when due on the InQebteGnsss. ``���
<br /> ,���:�_,
<br /> � � ' OeteWt on Other Payme�s. Failure of Trustor w(thin the tlme requUed bY��Oeed of Trust to make anY PaYmeM tar�or t�urance.or . :..s.t�i
<br /> , - � .- airy other paymenl necesserY to prevent fiGng of or to effecl discher8e ot any Uen. 1�� _
<br /> s.�___
<br /> �prts y U a n e g O B 7 a u 1� F a i i u re ot Tnutor to comp t y witt►arry other term,abGgaUon,cavenanl or conditlon Contehi0d in tNS Deed af Ztust.the t+•-_-��-_
<br /> � Note or in any of the Retated Oocuments. . ' �'"
<br /> Fatse Statet�enta. �Y w&►�N.�eDresentaUOn or statement made ar fumished to Lender by ar on Oohafl of Tnistor undet tdts Oeed of Ttust,
<br /> �� �.c�;.
<br /> the Note ar the Related Oceumen�is f8►se or M5leaQrtg in any mateAai re5peC1.elthe►now ot st the lime made or hun�shed. ��
<br />�• � � . . ImUan. TNS Oeed of Tcus�or any o1 tne Retated Oocuments oeases 10 be In tuU torce an0 eNecl(inctuQing taiture ol anY ••� �� �,'��
<br /> Detecttve Catlaterat
<br /> � ' co�teral documenb to aeate e valfd an0 pertected secudry�rtteresl or Uen)a!a�ry Ikne an0 tor erry reason. �_--,
<br /> � � Oeattl or tn°ONency. The Qeath of Trustor or I�e dlssotutton or term�naUOn of Trustors e�dst0neo as a gang bustnass,the Insotvency Of ,
<br /> Trusta►,the eppolntment ol a reeESStver(or any pert of Trustofs propertY,arry ess�Snmont tor the benafil of credttae.any typs o}aed'tar woAcoul. � �-
<br /> or the commencemarrt of any praoeedfig under any bankruptcY or fr�sohrency Iaws by ar agalnst Tntstor. �;.^..,
<br /> Fone[omu�e�Pofitfturo�etc-Cammencement of torectasure or lortefture praceeEinga,wtietfier by juQlydal proceading.seit-he1D.repossesston , . ��,�.
<br /> � or erry other met�od,by any ae�itor ot Tnutor or by amr flovemmenial ageney agatnsl any o11Ae PraDertY• Howaver.tlUS eubsecflon Shat1 not , �_�
<br /> • appry tn the event ot e goad faitn dispute by Trustor es to the vafiCiry or reesonablenas.s ol the ctalm wtUCA b the basis oT the tore�asure or -__
<br />:� , foretefttae praeeeding,provided ihat Trwtor gives lenQer vuritten�otlee of sueh dalm and tumtshes resenres or B surety bon0 tor ths daim �:�i�
<br /> � SaUsiactory to lsnQer. -, �'�-
<br /> � Bre�etl ot OlheT AOreemenl.My breach by Trustor ueAer tha terms of any other agreement 6etween Trustw end LBnQer thst is aot�emedied ;--_
<br /> ;•i� • , withln arry grace pedoa pravlde0 therein,induding vrfthoN Omttatlon any agreement concaming anY Udebte6ness or other ob4aaUOn of Tn�star , .
<br /> • to Lender.whether exisUn9 now or Iater. �
<br /> " � ��y q{fg�g QuareMov.Any of the preceEing events occws wllb resDect to 8ny Guarantor af any ot the Indebtedness or 8try GuerantGr • ••
<br /> dies or becomes Ucompetent,or ravokes or Qtspute9lhe valld'dy of,or IlabiGly under,arry(ivarantY of the Indebtedness. Lender.at(b opUan,
<br /> �, mey,bul shall not ba�e4utre0 to.permit 1he Qu&tar►tofs estata to essume uncondittonaDy th�obligauans adsing under tna guatenty tn a • �
<br /> � � � manner sa85tectary to Lender,and,in Qoing so,cure the Event o}OefauH.
<br /> ;;,- � tnseeur(ty. Lendec In good faKb deems(tself Insecute. .
<br /> =: � Rtght to Cure. If such e fa��ure Is curabte aad it Trustor hes nat been given a noUCe of e preech of!he same pr�oi������of�n _ '
<br /> � wifhin the preCeding hveNe(t2)months,H may be cured(and no Event ol Oetauit wID have occurred)il Tiustor.
<br /> noUoe Qerttanding cure ot such ta(ture: (a)Cures 1he tailur9 within fifte9n(1fi)days:or (b)i}the Cu►e requVes more than OftEen(1b)QBys.
<br /> � • immediately IniUates steps sutfictent to cure the tailure and thereafter cortNnues and compietes ail reasoneblo end neoessary steAs sufltdent to
<br /> ;� produce compUance as soan as reasonabty pr8a11c�1. .
<br /> ��', ` RIGHTS AHD iiEMEDiEB ON DEFAULT. Upon t�e aceunence ol any Event ol Oetautt and 818ny Ume thereaftet,Trustea a Lsndet.at(ts optton,
<br /> ���;�.� � may exerciss enY one or more of the following dghts and remedies.►n addiUOn to any other dghts or remfldtes provlded by law: , •
<br /> � Aeeeteratlan upon Defeult;AQAIUonal itemedfea It any evenl of defaNt occurs as per the terms of the Note secured hereby,Lender may
<br /> ' declare etl indebteQness secured by tnis Oeed o1 Trust to be due and payabte and the sam0 shatl thereupon become Que aad payabte without •
<br /> � � � any presentmeM,demand,protest or noUce of arry kind. Thereafter,Lender may:
<br /> ��,. � (a) Eilher In person or by agent,with or without bAnging eny action or proceeding,or by e recetver appointed by a couA end withoul .
<br /> regard to the adequacy ol its security,enter upon and take possesslon of the PrapoAy,or any paA thereof.In its own aame or In tne rtame .
<br /> of Trustee.and do any acts which it deems necesssryr or destre0to to preserve the velue,merketeDility or rentabfiity►of the Property,or parl .
<br /> �� Of the Property ot interest In ifie Propetty:inereaso t�e inCOm9 ftom the PropeAy ar protect the seCUdly o11he Propedy;enA,w11A ar vAthout i
<br /> ' taking passsssion o1 the PropeAy.sue tor or otherv�ise co�ect the rents.lssues and profits of the PropeAy,tncluding those pest Eue and
<br /> unpalQ,and appry the same,lesa cosis and expenses ot operatlon and colteCUon.Including aNOrneys'tees,to any indebtedness sscured .
<br /> by this Deed of Trusl.at�In such order es Lender may determine. The entedng upon and laking possasslon ot the Properly,the col!ecUon
<br /> of such rer�ts,issues antl profits,and the app��caflon thereo}shall not cure or wffive eny dafaWt ar noUco of detauit under this Ooad ot Trust .
<br /> ' ' : or Invali0ate any 8ct done in response to such detautf or pursuant to such noUce of default;and, noNAthstanding the corrtlnuenes In
<br /> � �v else every righl p Nded for hn thaiNole or the R iated Dxu ents or�by taw pon ihe�urte�oe of eny evenf of detau!t nctuding ihe
<br /> • rignf to exercise the pov,er of sele;
<br /> - (b) Commence s.:acuon to forecfose thls Oeed ot Trusl as e mortgage.appci^'a recelver or speciflcel►y enforos any o1 the covenants �
<br /> • nereot;and
<br /> � (e) Deliver to Trustea a written�ac►sraUon of tleta�At and demar.D fpr sale end a wrftten noUCe ct defaNl and eteCtlon to caass Trustors �
<br /> ' interest In the Property to be sold,whlcA noUCe Trustea s�all ca:se to be duty fited tor recortl�n the aDPropdate otflces of the County in ;
<br /> '! �� � whlch tha Properry ts located;and .
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