|
��
<br /> I
<br /> , �
<br /> .� ., ' " � . ,.
<br /> I g��, 10��1 +
<br /> li Indebtedn��s or any part th�r�o},e(�p�yeble •000rdlnp to the term� of the noteltl or other Ir.strumentl�l: p►ovid�d, however,th�t ths tot� (
<br /> � prinotpel Ind�btedne�o outotandlnp and eeourod hereby et my ane tlms wlll not exoeed the num ot; �
<br /> � ]](�p„�{UNQREO FIFLEd_TJi2S�,�Ad -
<br /> PARAtiRAPH SHALL NOT CON9TITUTE A COMM�TMHNTTO,MAKE FURTHER OR AAOITIONAL'ADVAHCES INl11NY AMOUNT ATrANY TIMg
<br /> WHETHHR OR NOT T?1E TOTAL PRINCIPAL INDEBTEDNH88 ABOVE HAS BEHN ADVANCED. I � '
<br /> la)The npaym�nt In full by Yrwto►{�)of Nlo�mn other�nrtrum ntl�l�wMoh svldsnae s oh sdvanoee,plu�Int�re t o1nre11 uahr�dv�no�psY�� � --
<br /> authorized henln,In the loen episementlel, I
<br /> ��provld�d itt ths notela)��oan cproomontlo),or other Inetn�mentl�l. -
<br /> (d)Ths p�ym�nt In fuil of any�nd ell other pa�t,prs�s�t,or futun,�inot or oontinpent,debt� and Ilabllitie�of Tru�torl�)to Benefioloy of�ny i _
<br /> neture what�oever. k '�
<br /> Thl�Tru9t Deed will be dus°_�.......n+_�ng� .ar upon ths payment In full of�I cum��eoured hereby. � -
<br /> � � " �n
<br /> d�d ornd �n ubmbe�theteeme,th�ttth��pr p rtY�s Ifrei�nd I��r of dlVli�• �nd anorumb nottt sxospt �noumbnnoe of eoolyd,tand th�t
<br /> Trustotl�) will w�rnnt�nd d�imd th�prop�rty, �t Tru�tor(�1���n��. �7�nst �II olalmant4 whomaoever. Trueto�U)a�so heroby wNw��nd -- _
<br /> � rolinqui�hes ail dpht�of dower,homeotead,dirtdbutive shere,nnd ex�mptton in snd to th�sbove dswrib�d property. - __�
<br /> Trwto�U)Md���of tMm fwtMr aowmr►b and sqr���with O�rMflcisry M 4oNow�: _= .
<br /> 1, To pay�il Ifem,Judpm�na,or other n��ssmenU afl�inst the property,�ed to pay when due eil e9se9emonte, texeo, ronts,fee9,or oh�rp�� , �•,��
<br /> upon th�property or under �ny I�a�s,p�m�it,Ilo�ms, or privileps a�eip�ed to �nsflelsry e� edditlon�l avaurity to thic 7ruet Desd,inoludinp
<br /> those in or on publio domain. '''�
<br /> l•
<br /> 2. To insure end keep Ineured buildinps aod other improveme 0t8 d by aind d posit d with Benefio�ary�and endorscd withpos p Yable�cleuee to S;.r_..-- -
<br /> to the e�defaotion of Benefloiary. Suoh Inwranoe will be epp �,;�„° �
<br /> Benetiolery. AnV ame so reoelved by Beneficiary mny be used to paV for reoonstruotlon ot the destroyed fmprovements or if not co epplied may `r`, .
<br /> be epplled,at tho option of Benefloiery,in peyment af eny Indebtedneos metured or unmetured seoured by thie Trust Deed. �•t°",�
<br /> .. , . • ;1�:
<br /> 3. To keep oll bulldinpa,fixtute�,etteohment�,end other Improvement�now on or hereefter plaaed on the property oaaupied end in pood ropdr, .:;''; .. �
<br /> n��r upo��the propertYto IMP ot thet�sme oI'totperf m a�tY ep��+�thoritedtherolnnorlin�therloen epreement(e)f the propertY. Beneflofary m�y � i'. � _
<br /> ,.�i, '.�_.
<br /> � 4. Irv ths went T
<br /> rustor(N tail� to psy eny Ilent, Judpmento, esaessmente, taxes, rente,fees, or aher0ea or molntein eny insuranae on the . _�_
<br /> iuoh p ym�nts�or�provids Inwronos��melntenenos,�o►a pdn c��d a Yh�►nount�'poid�thereto�rwiirl beotome pa►t of he princlpalalnd bt dnst� ,
<br /> ' ��6U�dv�notsmint by Bsn�tflo ary of�ny i oh�imounta�wlll in�no m�nn�Imlwth�dpht of Benefla�ry to�d olare Trua o�r(s)in dsiwlt or�tx'sro� . ' .
<br /> ':._� Th� ,
<br />- - - :sr,t a!�ss`fleler,/•othsr riaht��nd remedtes.
<br /> x .�-,. -
<br /> � 6. In th��v�nt B�n�flol�ry 1��P�rtY to�ny IIt�QaUon�N�oUnp th�prop�rly or th�Ilen of thi�Tru�t D�sd,Inotudinp�ny�oUon by B�n�itoury to
<br /> ° �nforo�tN�Trutt Dad or�ny wit In whloh Benetioi�ry b nwn�d�dsf�ndmt (includfnp aondertnnation and b�nkruPtoy prooaedinp�l R�n�flahry 'Y�•:c: '
<br /> # �y(ncur�xp�n��������^a�p����t�for�bstnot f�ss,�ttorn�y�f���ito th��m�nt allowed by lewl,oost�,exp�nns.
<br /> �ppr�issl t�e�,and �+a;�;,��
<br /> ' oth�r ohsrp���nd�ny Wnount��o�dv�no�d will beaom�p�rt of 4h�prinoip�l(ndebt�dn�s�uaursd h�nby.b�Immsdi�tely du��nd payabl��nd r,ti,'�"Y,,�;. .
<br /> :i�..
<br /> b�n Int�n�t et th�d�fwlt��t�p�ovldsd in th�not�l�) iran th�dat�pf�dwno�unUl pYd. ,� ,. �� ��
<br /> ` " �. Any�w�d�m�d�to T�urtor��)or th�lr�uoa�ttor�b nt o}�ny Ind�bt�d�s��matur�ar unm�t b�,s oundtby�M�Ttui D�B�n�fiol�ry I� •'' :''
<br /> Mnby wthorl:sd to ooM�ot�nd�pp�y tM��in p�ym� �.
<br /> ; 7. In tM�wnt Truttorts) dNwit� In the payn»nt wM�du� o} �ny wm� ��cw�d h�nby Iprinaip�l, int�nst, �dvenoement�, or prot�o w
<br /> r
<br /> ,� �dv�no�d, or t�fl� to pnform or oLs�rv� ��Y oov�n+nt� md oondidon� oontQn�d hsnln, In th� notel�l. �o�� �flre�m�nt(�1, or e�y otMr
<br /> c; In�tn�m�nt�.ar my ptooa�dlnp�i�broupht Dy or�pdnn Tru�torld und�r�ny Bmk►uptoy I�w�,B�nefloi�ry,�t It�optlon.m�y d�oi�r�th���dr� - -
<br /> finJ&Mtlol�ry ortus�hmn�l,t�0y�utho��i Trui��to�xiroli+i'th�Pow�r of S�pnntsdlMreintfn th�m�nn�rtprovid�d In t�M N�br dc Ttutt �
<br /> � � �r��:
<br /> Dud�Aot,or.�t th�option of tt►�B�nsflolary,m�Y tonclos�th�Trust D��d f�ths nxnn�r provid�d 6y I�w for th�torsalosun of mortpap�s on ,
<br /> ��• nal prop�rty,inoludiny tlw�ppoinUnsnt of a Reoeiver upon ex parts�pplio�tion,noUcs bNnp h�rsby�xpnssty w�ivsd,without reyard to th� e:�
<br /> „ � wlu�of tM p►opaty or th��uffiolsnUy thereof to disohupe th�indebt�dnew aec�+r�d henby or in th�lom�proem�ntUl. Delay by B�r►�fioiiry ,;.��--+
<br /> In�x�rof�inp It�ddht�upon d�fwit wiil not b�oonstnied�t�wNv�r th�nof�nd�ny wt of Ben�fioi�ry waivinp�ny�peciflsd detwit will not b�
<br /> oonstru�d N�waiwr of�ny tuturs d�iwlt. If th�proo�eds und�r auol�sNe or foreolofure ers Insuffiolant to pay the total Indsbt�dMt��ecutld __ _
<br /> � ' + Mr�by,TruitotU)do h�nby�pn�to be p�rwn�lly bound to psy th�u�aid b�lmas,�nd Benefiolary wHl b��ntitled to�dHiai�nay�ud�nt. �'g —__
<br /> ' "� � e. s�o�w e.o.not�ry N�ot to sxerafs�tM Pow�r of S�Is qronted herein,Beneficlsry will notify 5'ru�tss who witt rsoord,publiah,orsd deiivor to
<br /> � Tru�tor(s)�uah NoUo�of O�I�u�t�nd Noda�of Sais�s thmn rsquirsd by Iaw s�d wilt In the m�nner provided by law,eeii the prop�rty et ths Ums µ'v��
<br /> , . � md plaa�of s�l� flxsd in th�NoUos of S�I�, dth�r a s whole or in sep+rst�bt�,psraeb, or Iteme and in euoh order a�Ttu�tse will d�xn ;y,,•`TU-____
<br /> �xp�dlent. Any penon m�y Dld�t ths�a�s Irt�cludio�Ttu�torf�1.Trustee,or Beneticiary. „�s�_
<br />_ � � 9. Tnr•toep) Mrsby roque�t�a aopy of my Notios of Defwlt or NoUoe of Sre h�rou�der to bs mail�d by oertitied mdl to Tru�tor(s)�t ths - �,,`-
<br /> �ddmsl�sl s�t forth h�rofn. '����
<br /> # .I r,_',-x,x�'
<br /> Y `�•. �• .
<br /> � 10. Upon d�faul�B�n�flcl�ry.�ithsr In person or by�p�nt,with or without btinpiny�nY aotioo or prooesdlnp snd with or without rsqard to ths ' ..� _ .
<br /> v�tu�of th�prop�rtY ar th��uffiot�noy th�reof to disoh�rp�ths indsbt�dness uound h�nby,i�wthorlxed�nd snUd�d to�nt�r upon�nd trk�
<br /> posntN t orf rnirv�thi v�iu�•of the propee►hi or�ny��not th n n�tov inoe���th�inooms th r�if�romY�nd with or wlthout takinp p su��� �':;.
<br /> to prot� p "
<br />_ of tM prop�rty I�Nt sor�Iz'�dlpo�^:nY i��i��0���secured hereby or in the loan repne r+ent(�1a��noom�thersof,Inoludinp thos�p�rt du�md
<br /> u�dd.a►d�PNY .
<br /> No rwnedy hsrNn oontanc!upon or ns�rvsd co TrusMs or B�mflolery H Int�nd�d to be sxotu�ive of any other rem�dy h�r�i�or by I�w .
<br /> ' or in�quity or by st�tuc�,t�nd m V b�sxe oissd oonou�rnntly,i�tddetp ndsn�ly o ouoou�ive yy a�en hereunder or now o�heroefter exittinp et I�w ,
<br /> 71. Tru�tor(�1�oknowl�dpe�that th�duU���nd oblip�don�of Trustes wiil ba detemdned�ot�ly by the�xpress provi4tons of this Trust Deed or , ,
<br /> ' tM N�bn�k�Trust Dssda Aot�nd Tru�t�� wI0 not b�Ilabi�sxcspt for the perfortnenoe oi�uoh dutles�nd obllpetiom nr ere speoifloalty�et ,.
<br />= forth tMreln, �nd no Impli�d oov�nant�or obllpaUo��will b�Impos�d upon Truttee;T►u�t�s wlll not b�Il�bie for any�oUon by it in pood t�lth „
<br />� end reefon�bly bslieved by It to be euthodied ot withln the dlsoredon or rfphte of powere oonferred upon it by this Truet Deed or stete law.
<br /> -
<br /> . __..u_..��....r�.en.ehllaatlona seoured hereby. Shouid Tru�tor(�) �.__
<br /> _ _ =�
<br /> .._ . _ �
<br /> _.- 12. Tho tntepdry and rosponslbitity of Trustorl�l oon�dtuie.e p.�.a. ..�......-.--•---.. ------- -
<br />- enUrerfndsbtsdnesa IVrt iedirtily dueind Payebls end mayiproaeed�n he enfo oement of tU�iphts��on eny�aihe�r dofeultptlon,may deoian the
<br /> 13. Aulprxnent ot Rsnto Inotuding Prooeed�of Mlneral Leasee. 7rustor(el hsreby a9sipns, transfere, �nd oonvey�to Benefloinry all nnt�,
<br /> royQtlss, bonuaees.�^�e1°�ookmor oth�rminerslpeaee of anytkind tnci dl pmpeothe mel r oou oea n w exletl flI or thet may he eaftertoom�Int�
<br /> under eny oii,p 0 art thereof. All euoh aums so recelved by Benefiolery will be applled to the indebtedneso eecured
<br /> existsnae, oovarinp the property or eny p
<br /> � he►eby;or Beneticlery, et it�opUon,may turn over end deliver to Tnittor(s)or thelr Qucoecsore in fntereet, eny or e!I of auoh nums wlthout I
<br /> pnjudla�to �ny of Ben�flatary'�ripht�to tek�end nt�in tuture sums,�nd without pre�udice to eny of Ito other ripht�undet this Tru�t Deed.
<br /> j Pfovfd d9lndependent of the Ilen onth0 pr pes►tYn Upon peymenttlnrtui/oftthe debt endbthe reoon eyanae of tl Ie�Truat De ddoth000 d�this
<br /> esslp�ment wlll become inoperetive end of no further foroe end eNeot. �
<br />- . I
<br /> •. �
<br /> ; Ap x:00090T79; Prlmary Cu�tor►�r ID M:00017914; CIF M:38277 L�pd Doa.Datr February 21.198 pepe 2
<br /> FCSM 6011 Truet Deod end Aseignment ot Re�te
<br /> i � _ _
<br /> - �
<br /> . -
<br /> - ------' ��
<br />
|