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<br /> : .. ` ��' �� 0?r98-199� �����F��`Y �a�� �<`. .. -;1x�.' .,`
<br /> � � ' � .`� � Loan No 655670 (CoM�nue� 9�"���L��� ° < "'`
<br /> � � `• SECliFilTY d�'ETSli FI.NANCIEdG STATE�iT9. The toIIOwtng provtsiore�eta�ng W Ws Osed at Tns�!as a sean'►ry a6reem9nt ere a 9aA o! � , _ � '
<br /> . • - ttw Qeed ot Ttust .`
<br /> 4 SeCWity►AQr�rtt�. This inshumerd st�ell cOnS6tute a seCtuhy►aSraeme�tn tha eodarK enY ot IA9 Pto9flAyt CorstituOes 6�Q�ue.s cr oUt� •° '``, � .
<br /> � �� " pe�sonal OraPec�Y.and Lender shaD have a0 ot trte dghts of a seaued P�under the UNform Ccmmereial CaQe as emended Uom tlm9 ta
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<br /> �ur�I�eres�l. UPon ie4usst by Lendsr.Trustor shsD�8nane(er8 s�amer�and ffike wt�atever other adtan is�eqvesOed Ey Lender �,
<br /> . • to RerFeel aad cordinua Lender's secu�y►i�teresl In fhe Rer�aad.P'erso�!ProFerh tn adEtCon to�tnis Oeed ot Trust in ihe real ._ , ..
<br /> , , t..� � P�Pg►i1►re�r�.l.endst maY.et a�►Y Ema end vuehout furthar authorkatton Uom Tnstcr.ffis exacuted caurterPaAs.eoPfes ar wD�+�cns ot , , ` . ;.
<br /> Ws Deed at Tn�st es e 8r�ar�cing sfatamecd. T�ustot shaD reimbtuse Lender for eD e�e�os incuned In pertecHng a cortBntdng t�L3 sECUrtty `'. � ` .
<br /> ` , . _- `i h�er�t' ltpon dsfat4l.Tnstot sdeIl essemb2e th0 Peisonel PtopeRy in a manner and at e ptsce re�sonably oonveNerd to Tnator and tender , -- --,.. �,t.
<br /> � � and make B avaflabta to Lender wfthtn ttrcsa(3)days etter rece►Dt of wrtifsn demand from Lendet. .`_t�.'..- .-.
<br />.;� ': . .-- � , gr�an�by tNs �o17n�st�obfatned{each�as re4u�d�{�UN artn C�o}� e��iaf Co�da�er ese s�atea o�oase o�ws o�eee --—��—�
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<br /> � ofTrust '• . _
<br />_�' ,. ; FliflTf�t A8SUiiil4it�Si ATTOAI�Y�N-FACT. TNe.tollowtn9 Provfsions retating to turther esstusnoes and attameY-In-tact are e Dart s�f thb _ �r;� : �Y<,.
<br /> Qeed ofTrust.
<br /> - , < �_ . . Ftuther As�tnanses. /tt eny tlme,end irom ffma to tlme.upon request of Lends.Tnstor wID make.execute and deiiver,or w➢!�use b Oe . ,
<br /> • � ` made.ezecuted or deUvere4 to Lender or to LenQefs desf9neB.end�vhen requested by Lender,caese to be fited.recorded.�file�.ar :,_ .;
<br /> . ��� rerscordaQ as ths tase maY�af such 6mes&nd in suct�oiRoss and P►aces as Lender maY deem apyroP�.enY end eA such mor(ga8es. .. .'�•_�.-,-
<br /> - :: deeds of M�soaalh►daeds.se�uttY s�eemen�.flnandng statameMs,co�nuaean sialemer�.instrumer�ot t�uurer ass�uanca.omtif,cate.s.
<br /> � and ot�[er daeumer�b as may.In the sole opWon of Lendet.6e nacessary or d�habte M order to etiectuafe.comytete.Derfed.eor�8nu8.or • '.'i.�•`_
<br /> � .� ," _', � '�. presetve (&)the abQgatlo�o!Trustat uctder tha Nofe.Uils Deed of Tru54.end the R818fed Dacum9nts,and (b)the Qer�and se�CUrHy Uit9tests :;.',_ :=---.
<br /> - '�:y txeated Ey thls Qeed otTnist as Post an0 pdor Qe�on the Prope►i�,whsther now avmed or Iseceafter ac4++�ed by Tn�star.Untess prohIDUed by
<br /> � few ar agraed to the oonhary by Lender in vrti�ng.Tn�star sha0 reimburse Lender tor aD casts and e�ens�(rtcturad in conner�ton wii�the �
<br /> �: ` , s,` maiflgrs teterred to In 1Ns peragraph. , . '
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<br /> pltpmo�t•tn.FeN, If TNStar�to do arry of the th[ngs wferted to i�fha preoeding paragraph,lender may do sa far and in the name of _
<br /> . . Tn�stor and at Tnistor's e�ense. For such Pusp�es.Tn+stor hereby t�revoceb9�l eAAainb Lender es Tngtofs attorneY-hFtad tot iha purDase _�
<br /> ,...• " of ineking,execudng.�avering,fii'ing,recording,and doing eD other things as may be nec�sary or d�rebte, in LenQers sote aptrdon.ta : -
<br /> -K..:.f:. axompi�tt the matters refertad to(n the PreCeding paregr8ph. � . . �
<br /> -ya` � FIaL PERFORMANCE. If Tnutor pays eU tAQ Indebtedness vrhen Oue.and otherwtse par�orr�e0 the obQgations Imposed uDcn Tn�tor undm Ws - , �"_
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<br /> - �• Oeed of Tn�st, Lender shall execute and detiver to Trustee a request for iWl reconvsyance end sha0�cecute and deRvet to Tntstor strilshte
<br /> � statements of terminaUon of 8ny financing statemenl on fiie ev�de�ing Lender8 seCUritfl��etest in the Rerds and the Personel VtapeAy. AnY . �'•�;"
<br /> reconvAyartce fee requlred by law shell Oe pald by Ttustar.B permitted bY appiicabis taw. �;;;'-,�
<br /> ; OEFAtAT. Each af the touowing,at the opnon of Lender,shall cons6tute an evenl at detault('Everd af Oefault'�under this Deed o!Tiusk •. ���'� - -'�
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<br /> t • � OefaW!on InQe6tedness.Fafture of Trustor to make arry payment wtmn Que on tfie Indebtedness. ''�`
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<br /> F.. ' Qefault on Ofher Payment9. Faflure ot Trustor x�fthin the dme re4utred by tlds Oeed ot Tnist to make anY Paf�eM ior faxes or tnsuranoa.or _.r 1 r-.:
<br /> J . . any other paymerA necessary to prevent fifing o1 or to eftect discharge ot ar►y�en. .
<br /> � Oetault in Favor af Thlyd PartYas. ShaWd Borrower or any Tnsior detautt unGar ar►y Ioan,e�densien of cre�t,secu�tyr e�eeme�.purCt�ese ar ���
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<br /> ,.. sal�egreement,or an7l other agreemerrt.in tavar ot arry aUtar aedttm or person that mey materl�6y efted anY af Bortowet5�D►oD�Y m '°� �,
<br /> • Boaawets or arry Tn�stai's abQiry to repay the Loaas or peAorm thetr respective obAgadons unQer this Qeed a!Tntst a arry ot tAg Related '�A�"
<br /> - , . OOCUtR8111S. � `1�':';".�_;
<br /> ' CampOanee 08tau1� Failure ot Trustor ta compy with any other tertn,ob6gatlon,covenant or condi4on cantained In ttds QeeO of Trusi,the " �'�
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<br /> • ' Nafe or h arry of the Retafed Qocumenb.
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<br /> Fatsa Sffitaments. My wartanty.representaUOn or statemeM made ar fumished to Lender by or on befiaH ot Tnrstor under this Oeed of Tn1s1, .
<br /> ' - the Nota or the RetebBd Qocumenb Rs fa159 or m�teadtng in aoy matertal�esped.e8har naw or 8t the Ume made Or tumtshed. ` .�-
<br /> - OeftcBve CoQatereQmtlon. T�is 08ed of Tnut or arry ot the Reiated Documerds ceases to be in iW Wrce an0 ef(ect Qnduding ta(Iure ot any � �,+�
<br /> Coltatera►documertts to creato a valid and p e A scte d sec u r i ty in teres t or Ren)a t a n y d m e a n d f a t e n y ro a s o n. •':Ty;.
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<br /> � Qeath or Insoiveney. Tne death of Trustcr or the dissoluHOn or terminaUon W Trustors existence as a going business.the ir�sotvency ot .. . , �-_.
<br /> � Trustor,the spyointment ot e recelver tor arry part of Trustors property,any essignmerA far the benefit of aed�tars,anyr type ot cred�tor workoN, � '•���
<br /> or iRe comm6ncement of any praceeding unQOt ertyr bankNptcy or Irtsotvency lews by or a�aimt Tnutot. , _
<br /> Fo[ectosure�Forfelttrte.etC. Commencemertl of toreciosure or foAefture prooeedirtgs,whether by]udtctai pcocesding.self-Aelp.repossesston • • __
<br /> or any other metAod,by arry cre�tor of Tmstor or by erry govemmenta?agency agalnsl any cf the Propefty. Howaver.this subsec6on sha0 not . , --
<br /> • appry in tha event ot e good feitA dispute by Tiustor as[o tAe valldity ar wasoneblensss of the e�aim vfi1cA Is tRs basia Of the tored�sure a _
<br /> ' }aefeffure ptoeeeding,provlded that TnLStor ghrss tender wdtten nottce o}such cisim and tumishes reserves or a surety bond tar the dalrt►
<br /> , , saUstactory tc LenQer. � .
<br /> Bte�O1 Othev AgreemenR My breacA by Trustor under the terms of arry other agreement between Trustor and lsnder that is nOt tem0died ; � •
<br /> � within any grace pedod provided therein,inciuding wlihout limlfaUOn any egreement conCAtning atry InOebteQness or other obAgeBOn of Tru5i0r :
<br /> . .. to Lender,whether a�flsUng now a later. . .
<br /> � � Eventa AfteeGng Guarantor. Any of the precedng events accurs with respect to arry Quarantor ol any of the Indebtedness or any Liuerarrtor
<br />��� ' dles or becomes incompetent.or revokes or disputes the vatidity of,or liabifity under,arty C3ueranty ol the tndebtedness. Lertder,&t its opttan, ° .� � :
<br />`,�'�' • may,bN shall not Oa requhed to,permfl ihe Quetentora esfate to 8ssume uncondiUore�Uy the o6ligaUOns erising unEer th0 guetanty in e .
<br /> �: ; ' � � manner saUsiactory to Lender,and,in doing so,cure the Event of Detault. .' . �
<br /> �: . payerg0 Changg. A materiai adverse change accur3 In Trustors linendal CondiUOn, or Lender belisves the prospect of psym0n! or . :
<br /> ��' � per(prmance of the►n0ebtednes9ls impalred. • . ' ..
<br /> ' tnsecutity. LenQer in good falth Qeems itSeB insecure.
<br /> . ' •. Right to Cura. lf suct�a tafture Is curabte and H Trustot has not been glven a no�ce o1 e breach of ihe same provlslon o}this Desd of Trust •
<br /> � v�ithln the preoemng twotve(12)montl�a.it may be cured(and no Event o�Detautt will hava occurred)if Trustor,after LsnEet sends written . . . .
<br /> ' �• � na6ce Qemanding curo ot such faihue: (a)cures the fslturo vntNn 6fteen(15)days;or (b)II the cure requUss more than fifteen(tb)Qays. • . �
<br /> � • immediately in(tlates steps suftident to cure the taiture and t�ereaHer conUnues and comptetes aD reasonabte end necessaiy►ste�s suNld9nt to . . �
<br /> � produce compuunoe as soon as reasonabty praclleal. . . �
<br /> RtGMB AND iiEM£DtES ON OEFAULT. Upon the accurrence ot any Event ol Detautt and at any Ume thereatter,Trustee a LenEer,el its opUon, '
<br /> � . may exercis9 eny one or more of the tollowing tlghb and remedles,in adQillon to any c:her Hghts or remedies provlded by law:
<br /> �;"' ; AecetemUon upon Oelautt;QddlUonal Remedtea I}any evenl ot detaull oocurs as per the terms of ihe Nota sseured hereby,Lander may . .
<br /> declare aU Indsbtedness secureC by 1hLs Deed of Trust fo be due and payable and the same shall thereupon becoma due and payabie vA1hoN
<br /> : eny presentmeM,demand,protest ar noUCe of 8ny kind. Thereaffer,Lender may: '.
<br /> (a) Either In person or by agent,with or w11hoN 6dnging eny action Or proeeadinQ,or by e recelver eppointed Dy e couA end withaN . �
<br /> � • . � regard to the adeqnaey of its security,enter upon end take possession of the Property,or any parl thereof,in its own nam0 ot In th0 name , �
<br /> �. ! ol Trustee,and do any act9 wNeh il Qeems neCessaryr or dssirabie to preserve the vetue,matfcetabflity or rent8biity of the Property.or peA �
<br /> ot the PropeAy or interesf In iho Proporty:increase the income from fhe Propedy or protecl the securily oi the Praperty;and,wlth ar withoul
<br /> • taking possesslon o}the PropeAy,sue fa or otherwise coiteel thA renb,issues and profits of the PropeAy.Including ihosa pest due an0 .
<br />_. ;� � � unpald,and aDDty t�e same,tess costs and e�enses of operatlon and eollecUOn,�nctuding ariorn6ys'tees.to any Indebiedn�s s9cur6A : .- ,
<br /> by this Deed o!Tnut,all in sueh order as Lender mey determinB. The entering upon and faking passsssion o1 the Property.th9 cotlectlon
<br /> � of such renls,issues and pro8ts,end the applieatlon thereot shall nof cure m walve any Eetault or noUCe of default undet tN9 Deed of Tiust
<br /> ' or invalidate eny acl done In response to such defaull or pursuanf to such nollce ot defauih,and, nolwithStanding the Conllnuence In
<br /> possess�on of the PropeAy or the coltocUOn, receipt and appl�cet�on of rents, issues or profils,Trustee or LenQer shall be enfitled to . �
<br /> .' exercise every dghi provided tor m the Note or tne Retated Documeots or by law upon ihe ocCUrrence of any event o}defeult,tnCluding the
<br /> right to AxetCise the power o1581e;
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