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<br /> �' D�OF TE3t3�'T �$ $C�.�e�� PBge �
<br /> � � ! az a��s9a — � � . �
<br /> � < Loan I�o 663955 (Co�rtinued) - . - �
<br /> .i ... : �. .
<br /> C�[au1t. if tha DaYmeM af anY►n541►merd ot PrinciPal a enY taEerest on the E�n9[ndehtadnsss is not mede wHhin Me Ume raqulred DY the . �.� .`.
<br /> , ' note evtaendrt9 such IndeDtedness.or shoWO a det�dt oa�u under the instrumerA securin8 such IndeDt�and not Gs eiaad during a�ryt •
<br /> ` ,a aADUcabte grace Oedod therein.tt�en.at the optlon ot Lender,Yne tndebtedness Seeured Dy tNS a�d ot Tnist shaA becorr�ImmBd�aEatY aus ; 4`��
<br /> j 8nd payab�e.end thls Deed af Trust sflaD he tn det8uli. :��,`t
<br /> � � i [do QdoQi7tCet10=e. Tn�stOt shaD not efrter ir►to enY flg�eeme�wNh the h01Qer of enY mo�igapa�d e e d o f U u s t.o r o t h e r�l a 9����� c , .
<br /> • , � haq prtcr(ty avar thb OeeO ot Tn�c by whieh!4u►t eyrsemerd Ls modifted.emer+Eed.e�Cended.or ren�rd�out the Ddor wrdien car�serA of � • ._.
<br /> - . Lendor. TnutaR shaD neitAer request nor eeoept an71 fu4us advanoes und�enY SucA s�ecurily►agcee , " . ` �.
<br /> .. .°� Lender.
<br /> ' CpND�lANATIOii.The fa4owtn9 Drovistons refating to condamnatton prxeedin9s are a Pert ot 1Ms Deed ot TruSt. b�:. +,.� � .
<br /> ' , ' Rppilc�tion o4 Rt01 P�eeeQ9. it eD ar an}I Psrt of the PtaPerty►is eond�mned by emine�domaln procea�nSs ar by anY Proeee�ing or < .` �_ _ _ ':
<br /> ' that eB or enY Dm�On of the net procesds of the awatd bB apP6ed to the
<br /> - •"r- :.� In Ueu ot condamnatlon.tsr+�r rr�ay at�s�� -. -
<br /> � � IndsOtednes4�trie re�air ar�on o t t h e P t a P e d Y.Th e n e t p r o c e e d s of the award stmU mean ihe awaM aft�DaYmerd ot e8 ceasonsbte .� � �
<br /> � � � �y,expenses,and attomeY��tncurred bY Tn�ee ar Lender in connsction wRh tt�condemnatlon. . ;
<br /> ' • :. � n 1.endsr in writing,end TrusGOr sAaD prompilY take sueh ` :-
<br /> Proeeedtn�s. �f a�I►Oraeeedlag in eondemnaflon ts 6t�d.Tnator shall O�mPflY �Y . .`,.
<br /> mn ��
<br /> s6eps as emll be necessaiY to detend Me acGOn and abtaln the award. Tn�tor may Oe the nOmfnsl PariY tn sudi Droeee�n8.but Lender shaD
<br /> be er�iBad to P�dPffie in tt►e Prooeeding and to be represerrted fn the ProceeNn9 by counSel ot its own ehat�.8nd Trustnr wiD deGver ar ��.. <.. .�.�.. •......��.
<br /> :. � cause to 6a deIIvered to Lender such irtshumerds as may he requasted by ft irom tlme to tfine to permR such PBrUc�i°n� :; `
<br /> � .`, j l�POSii10H OF TAXES.FEES Al�D CFIARGdES BY GOVERtiMENTAI Al1THORITIES. The toltowtng pro+risiorts�n9 to 8o'�mmerdai texes. �:,.��r,<'
<br /> _ VER '
<br /> � �°.:.. .
<br /> � fe05 8nd eharbes at�B 8 pett ot this Oeed of Tnu� •`''r?.. , � ,. ,
<br /> ut �;; ,;:. , �
<br /> .,?.,�«.: -�.
<br /> . . ' � Curtent Tas�9.Fees end Ct�rB�s. UD��eQ�by LenQsr�Trustor sAaU�s�h dop�men�in adTn�ar shaU �reimbwse Lend�� . �
<br /> �.• �. �:. <,
<br /> . �; � whatever ath�acaon is requested by Lendec to De�and Cort6nue Lendas"sUen on th0 or contlnul�ng Utis Desd of Tnis�InCludtng w�n�E � .ti �..;-,
<br /> �,as descnbed beiow,together wfth eD exDenses�ncurred in recordfng.P�� 9 �Deed OtTrust. r
<br /> �' � Iimifation sA texes,tees.documentary stamps.and otder char8�for recarding ot tegfsterin9 .�-
<br /> �:�
<br /> �i;� Tmoes. T he fo U o w in g s h a l l wnsGtute taxss tn which tt►�secSon eDDf�s (a)a spedflc tax oPon this typa ot Oeed ot Tntat a upon eD or any► � __
<br /> � .:��.; � ar1 of the lndebtedness secured by tNs Oeed ot Trus� (b)a sped9c ts�c on Tnatar whfch Tnistor i s a u l ha r n s d or r e q u i t e d to dedud from . K 7- ,,
<br /> . . +:<.. p tho Lend�a °�:__;°°
<br />. . ,: i payme�s on the tnQeEtedness sea�re d by t t�I Y P e o f O e e d o f T n u� f e)a t m�o n this t y pe of Oeed of Trust diar8eahte agatnst �'t �,. =- _.
<br /> � the haider ot the Note:and (d)e sAecifc fax on a0 or erty portiar�of the IndebtaQ�s or on paymerds of prirtdpal and IiRe r�t ma de by .. Y W.`
<br /> . . . - TNStor. _...�... --
<br /> SubsequeM Tm�es. tt anY�to whlch ttds sedion apDdes is enacted subsequent to the Cate of this Oeed of Tnrs1.tt�evertt sheU have the
<br /> • ' . � seme eftecl es an Everit of Defauit(as defined he tax betoce it Cecomes de�lln4 e 1.or�@jncoatssts tdebtax as provtded above n tt►e Ta�ces and -
<br /> �r ' provlded 6elow uNess TNStor either (e)psy3 • `',.
<br /> Uens sectlan and deposib wftb Le�der cash or a suft[cier�corporate sureh►bon0 or other secwtty saltsfactery to Lender. nt ere a pari ot - f��
<br /> , 8ECURiTY AGR�OIEPRi i1NANGN3 STATE81ENT8. The toltowing provlslons relaUng to this Oeed ot Tru,1 ss a securiry aBreeme , �=ry-_:
<br /> v . thb Oeed of T�st. r��'���
<br /> ; �:�s,_.
<br /> • ' " Seturttf►Mne�sanl. Thls insbument shaD constitute e security agreeme�l W the�Qen!arry of the PropeRy coRSUtutes Podures ar other - _ --
<br /> � • � tlme�.�Propertll.and Lender shaD t�ave eli of U�e dg�b of e secured paAy under tlia Uniform Commerciaf Cods as a�sended Bom Ume to • s_�>,� _
<br /> ... � . � !� 4�.zz._'.
<br /> �aqult�f faferesf. Upan request bY lendat.7rustor sha0 exscuto flnanda9 steterrsrds and fake whatever other BcUOn Is requested by Lender :. t•��i
<br /> to Derfeet end eor�inu0 Lenders soe�ulty iMaresl In Me Rents end Personal ProPBAy!. In edd'i9an to reearQtnB tAts�eed ot Tn�st In 1t�e►0a1 ;:c._�i
<br /> .' . .. i property recards.LenQar may.at any tlme and wfthaut tuMer suthorh�iton trom Trustor.fila e�aaeuted courderpaAs.wptes or reproductlans at ,.,----_
<br /> ' this Deed at Trust es a 8nandng statamenl. Tnistar sha11 reimburse Lender tor ail expen:,es inc�med in peAeCting or aonUnuing Ws�► •��z::
<br /> ' � interest. Upon detau(t,Tn�stor shall assemble the Personal RapeRy tn a manner and at a p►ace reasonabh corrveNac�to Tnls4or and Londer =,w.;-;,:
<br /> � . ; gnd meke ry avaitabte to Lender within threa(3}days aftec receipt of w�ilten demand irom tsnder. , ;'•;;��-
<br /> - qaQre�es. Tha meiling aQdresses ot Tnutoc(debtor)artC Lender(seciaed Party).trom wNCh tnicrmation cortcemin9 the security��terest �.
<br /> • granted by this Deed of Trust may be obtained(each as requfred by the Un(tom►Commerdal CoQe�,ece as stated on the firsi page of this Deed . '^ �'
<br /> � ' of Trus1. � " �
<br /> ..f�E�:�-<
<br /> . FUpTl�p qgSUqANCES:ATTORAtEY-1li-FACT. The fonowtng provisfons relaUng to Nrther assurances and altomey-in-fad ere e PeA of this . - _
<br /> ,. Oeed of Tn�st. •'�;`-,
<br /> FuAher Assurances. At any Ume,and trom time to dme, upon request of Lender.Trustar will meke,execute and defiver,or wiD cause t0 be ,�__-�_.
<br /> made,executed or detivered,to lender or to Lenders desipnee.and wben requested by Lender.cause to be filed,�ecar6eA.tefited.at � _ "
<br /> rerecorded,es ths ease may 6e,at such Urt:es and in sueh oHlc�s and p'eses es Lender rt�ay deem ayproDAate.arry end a0 sueh moRgages. .'�.:
<br />. - ' deeds of Uust.securitY das�.securfly a9wemenb,flnancing statements.conUnuaUOn statemecds,inshvme�of furtfier assuras�ce.oerti(teates. �;:
<br /> and other documenb es may.in the sot0 opinlon of Lender,be necessan►o�Eesirable in order to eNeduate,camDt�.P������ . ,�'�'•``
<br /> : � pr�grve (e)tlie obligt�Uons of Tntstor unCer 1��her now ow edtor h�ereafter acquired by Tnistor�U�prohibited by taw o►8greed to the � . ' _
<br /> created by ihis Oeed oi Trust on the Properly.
<br /> � contrary by lender In writlng,Tn�stor she)1 retmburse lender tor ell costs a�d e�enses incurr�In connecilon Y�ith 1ha malters Bterred to In _
<br /> this per89ray�.
<br /> '�. • �' pttpmpy�,�•F�,N. If Trustor teits to do eny ot tAe things referred to in the preceding peragrsph.Lender may do so fo►and in ihe na.^no of .
<br /> � Trustor anC at Trustor's e�ensa Far such purpases.Trustu hereby Irrevocebty eDOotnb Lende►as Trwtors at4omeyHrrdacl for ths p�cse • .:
<br /> ' ol making,execWng,deltvertng.fi�n9.recardl�9.and doing all other things as maY be necassery or desirablo.In Lendefs sote op►nion,W
<br /> ' axomplk�the matter5 refetred to In the preoeding perBgreDh. ,
<br /> � F1�1.PERfORMANCE. If Trustar psyr�atl the Indabtedrtess when duey and otherwtse performs aA the obllgaUons Imposed upon Trustor und9r 1Ats .
<br /> Oeed of T�usb LenQar shail execute and defiver to Trutiteo a request(or tull reconveyance and shail execute and deliver to Trustor suitsbio
<br /> : i statements of terminaUon of any flnendng statemeM on file evl6enring Lenders SecuritY lnterest tn the Rents�nd the Persona!Proper�r. MY ,
<br /> reconveyance fee re4ulted by law sh811 be peld by Ttustar.II permiHod by appUcabte taw. • ;
<br /> �".� � OEFAN.T. Each of the taitowing,at the option of Lender,shatl cons U t u te an eve n t o t d e t a u t l('�v e n t o f O e f a u l Y�un0er this Oead ol Trusk .
<br /> . ' OefAUtt on lnQebteQs�ea9. Fflilure ot Trustor to matce eny payment when due on the Indebtedness. ment for taxes or Insurartce,or � �' '
<br /> � Detault on Othet paylmenta failure ot Trustor within the Ume requlred by this Deed ot Trust to make any pay
<br /> � � any other DaYment necessary to preveM flAng o1 or to eHect discharge o}eny Uen.
<br /> � Oetault In Favor of Third Periles. Shoutd eorrower or any Trustor detauN under any toan,extenslon of credi6 securily agreement,purchase or
<br /> "� � , 8°npwe�i's o eany Truslor's ab�t ry to repay the Loa 9 o npeAaem tne rtrespecilve obugations under thls Deed�ot T us eorReny oi the Rel�ated
<br /> Dotuments.
<br /> i .
<br /> Compllance Oetaul� Faiture of Trustor to Compry v�nlh eny other term,Obligetion,coven8nt or conditian contain80 in tNS Oeed o1 Trust,the
<br /> , � .� • , � Note ar in eny ol the Related OoCUments. �
<br /> ' � ' Fnlse Statemente. Any warrardy.representaUan or statemertt made or lurnished to Lender by or on beheH ot Trustor undar tfVS Deed of Trusb
<br /> " � the Note or the Retated Document9 i3 false or misleading in any matede�r�pect,either now or at the time made ar furnlshed.
<br /> � Oelective Cotlaterautatlon. This Oeed af Trust or any of the Related Oocumentg ceases fo be in tW torce and eHect(inGuding tallure of any
<br /> � collateral documents to crea!8 a+mlid and pertocted seeuHty Interest or Iten)at eny Um9 and tor flny reeson.
<br /> Oeatb or Insolveney. Tne death of Trustor or the dissotution or terminatlon o}Trustor's existence ss a going business,the Insotvency ol r
<br /> Trustor,the appolntment of a recetvet tor any parl o!Truslor's propedy.any autgnment tor tho benefit of creditors,any type of creditor woAcoN,
<br /> , . or the commencemeM oi any ptoeeeding under any benkruptCy or insoNancy taws by or agaln5l Trustor. ` .
<br /> ForeNasure,Fortelture,etc. Commencement ot forectosure or foAeiture proceedings,whether Dy JudiC�al proceeding,self-hetp,repassesslon i
<br /> ' � or any other method,by any c�aditor o1 Trustor or by eny govemmental agency agalnst any of the Property. Howevar,this subsection shall not �
<br /> .� apply In the svent of a good faith disputa by Trustor as to ihe validity or reasonabieness o1 the clalm wh!cn is the basis ot the foreclasurA or `
<br /> ��' • toreTOiture DroCeeding,provided that Trustor gtves Lender writlen not�ce o}such ctaim and lurnlshes reserves or a surety bond for the Ctalm `f :
<br /> -_ : satis�tclar!loi.9nd�x. ` ----. --.----
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