|
. ,. � �__
<br /> ' ' ��
<br /> :..._ . . � -
<br /> ' .,;a,.w.... ... ..-.-.,
<br /> � �e�i::�a�.-�—
<br /> 02-14-1997 DEEi7 OF TRUST p�s� � „ '��,�
<br /> Lnen No 413163 (Continued) �?��,(���1 _ _
<br /> � pert ol IM Indabtsclncss socund by th�� 1s Desd o9 T�ust; (b)�spocltb tax on Trustor which Trusto►le�uthorlx�d ar r�qulrod to d�d�ct kom^ '`
<br /> payrtwnla on IFN Ind�btodneas tacur�d by thle lyp�ol�s�d of Trusi; (o}o tax on tGt;ty��ct Qcsd ol Trusl Ch!t�!bl�e�A�nst the Lender t�r I i�
<br /> !h�holcNr pi lM Nob;and (d)�tp�c1Ao t�x on �N a�ny portlon ol ll�IndWbdness aon poym�nts of principal�nd Int�ntl mad�by _
<br /> Trusta. .,
<br /> ubNqwn 1 T�xii. li�ny Wc to wldch lhls seadon�ppiia b�n�at�d tubs�qwnt to Iha MI� of ihla Ds�d of Trust,lhls�vont sh�N haw the
<br /> w�rrw�Hyct�e�n EwM of Datault(ts dMn�d hbN�1��fe o�►�becan►°�dellnquent nor b),conla�U tha tau as pm r�d�d abo ev n�1�H Tax}es'a d � ' _
<br /> provldW bNow unl�Yru:tar c�liti:t (o)P�Y
<br /> LNra s�cMOn and daposNa with Undw cath a�sutAClsnt corpad�eunty bond or otl»r s�turity satlsf�ctory to L�nWr.
<br /> SECURITY A(iREE1NEMTi FINANCINO STATHFAENT�. Tha foilowirp provlslons rslaUnp to this Diad of Trust as a a�ourtry sproem�nt are�p4r1 of ..
<br /> , Ihis D�ed of Tru�t. ' �
<br /> D ed
<br /> p�irson�il propwry,and I.en�dw sha�haw allu of ll►e„'tiphts ost ausecure Pa►hi under the Undorrn Co mercla�Cade sa�numended hom timehto • -
<br /> ...:�c
<br /> tlrM1. . . _,,_..-_
<br /> 8�curtiy InMreN. Upon request by L.�nder,Trustor ahall oxecuto(I�anclnp stafamonts aradbke whatever olher acUon!s requested by Lender ___f➢j,_
<br /> � to p�ri�ci rnd Continua l.ocGa'a sxUrily lr.t_.^�est In fhe Renls and Peraonal Proporty. In addUlon to nCOrdirq lhls Deed of T►ust In the rwl ,;,.,:.'�-
<br /> p�ppKt/reCOrW,Lend�r rtwy,et eny timo and without fuRher authorirafion hom Trusta,file ex�cuted counter,puts,Copies or reproduciiuns of . jt.��„__
<br /> ihls pwd ol Trust as a Rmncinp slrk►mont. Trusta shaU rdmbur6e Lender tor pll oxpensa Incurred In perkCtlnp or coMinulnp thts seCUrity ,:.,fy�+�_�
<br /> us ��=•-
<br /> int�t. Upon defa�'t,TPUStio►a►u�l►asserM�te�he Pe►so^al PropertY In a manner end at a p4ce reasonabry convenimt to Trusta t�d Lencfer '.,_;��
<br /> r
<br /> and mak�Il avail�bfo to Lenda withln 1hm�(3)days after recelPl of wrlHen demand hom Lender. ,:,
<br /> AddretWa, T1q mRWnp �dd►ssse�of Trustor(debtor)and Lender(seaured party),hornwTalch Informatlon concernlnp the securlly Interesl , ` • � c'�i&='-=-.
<br /> pra�eA 6y thls Deod of Tnist may ho obtained(each as reqWred by the UnHorm CommerclelCode),aro as stated on the flrst paye of this Deed
<br /> }_�
<br /> `_-, of'frust. ' - --
<br /> d FI�ITFEA ASSURIINCES;ATTWiNC•Y-IN-FAGT. The tol!owlnfl provisions relatinq to tuAner Qssurances and attorney-IMact are a part of tt►Is � _
<br /> Deed M Trust. --
<br /> j FuAMr A�wr�ncas. At any Ame,and hom time to Hme,upon request of Lender,Trustorwill make,sxecute and de�Nver,or wiM cause to W �.,9�
<br /> m�d���x�c��ed or d�Nwnd, to Lmder a to L�nders dasl0na�� and wh�n roquested by Lendw,caus�to be ffbd,racord�d,roNisd, a ,,.
<br /> rK�cad�d,as tha case rtwY be,tt such times 4nd In auch oNices and places ns Lendor miy dwm�ppropdaw,any and oll such moAy�ga, .
<br /> � , ����t���{y�a��yp�ty���rrwnta,BnanClnq etatamenis,continutUOn btataMnU,InatrurrNnb d(uriha Yssur�rK�,c�rtiAcafet, f,�,"�
<br /> r and dFwr dxurt�Mf as maY��n�M soN oR�►�on ol L•endor,bs n�sury or desirabN inacl�r to Nl�ciwt�,complN�,p�rl�c1,conUnw, or :g;y;.w,
<br /> ' pn�Nrw (�)th�oblip�tlont ol Trwtor urtd�r tM Noi�,lhls Daed of 7rust,�nd th�RNot�d Docum�nb,�nd (b)tM INns�nd woudty Inte�ab ,{ ���
<br /> `�! f cn1�1�d by thls ONd ol Tru�t on the Prop�rty,wh�►hK now own�d a huNfl�r acquk�d bYTraistor. Unl�ss prohlblNd by kw a�pnsd lo lM
<br /> 7«•� opnlr�ry qy L�ntN�►In wridnp,Tr�nta�h�M rNmbtxW L�nd�r for�N costs and uW�rtta incurr�d In conn�cUon wilh ths maH�rN�rnd b In
<br /> t
<br /> lhNPvaO��Ph• �:�;,+ A
<br /> - - -- -� AtlprtNy�n•F�ct. It Truttor IW�to do any ol tM thlnps nhrad io In the pno�dinp parWr�ph, L�nd�r rtwy do w tu and In Ih�n�m�d h_..'�.
<br /> T���,..r�at Truator'��x�wns�. Fa wch purpoNe,Trutta herWy krovocably apPolnts l�ndlr a�l TruftOrfl�Hort�y-IMLd fa Ihi purpoM �-;, �
<br />, - —� of m�kkq��x�cuHrp�dMNntinO�IW�O�acadirp.tnd ddnp�N otlNr ihinps as m�y o� i�:iay M:+:.�.:�,:� fa Ler.,..�'�',.:'�c=slnlo!�,!e �_ «
<br /> �ocorn,pN�h tM rt►�tNn rNernd to In fM pncednp Darppryh. �
<br /> F'U.L pEpFppMAlICE. il Trusta pays aM th�IndWt�dn�ss when dw,and olFwrwls�paAorrtn UI tM obNpaHO�Impw�d upon Trw1a undK thk -
<br /> ' De�d W Tnnt,I.�ndw th�M �x�cu1��nd dM�vw to Trusles t rsquest la(uN nconvey�nca tnd shaA�x�cub and deNwr to Trustor sultabk T ,
<br /> a4Mtn�nb a t���}�pf �ny tirwnclnp ttatamant on fils svldancirp Londera security intKrst In tM Renb and tM P�rsonal Prop�rty. Any ��
<br /> nconyoy��p is�nquk�d by I�w sh�N be p�id by Trusta.M permitt�d by epPftcabk law. ^.
<br /> pEFAI�T. Each of th�foMowl►y�ai tM oPban ot Lender,ohaN aonslitute an avent of detaWt('Ev�nt of Qetault'under thb Deed of Trust: 1
<br /> p�f�ft on�nd�pt�s�. Faiture of Trusta to mako nny payment whm dus on tha IndablW ness. '.
<br /> " " p��pn p��p�y�nl�, paflur�ol Trustor wilhin the tirtw requlred by thls�eed of Trust to meka�ny payment(a t�us or Insuranca.or "..
<br /> any o1Mr payrr»nt n�assoY 10 pnwnt flNnp ot a lo etfect discharpe of�ny fisn.
<br /> �p�pM�pet�t�il, p�pur�01 Trusta to compry with eny other term,obllyntion,cov�nent or condition cont�ine4 In thls Deed ol Trust,tM
<br /> • �� NoU O�In�ny W tM RNaNd OoCUmsnb. ��:.�=
<br /> F�S���S, My wunnty,rpra�nfatbn a statament made a furnlshed to Lencf�rby a on beluiM of Trusta undK thfs OMd d Trust, �-'-�'
<br /> . tM No�N u ttw Fla4lwf Dooum�nb is laka or misM�dinp In any mnterkl resp�ct,eilixr nrmor�t the tlms made o�fumtsMd. �-
<br /> •� p��iy�CoNr1Qr,�llx�liqi, Thy Deed of Trust a any of ths Rslat�d Dceumanb aasss lo be In tuN ic��nd eHec1 Qncludir►p t�iture of any �.�—_
<br /> coAdKd documants to cnaM a v�lid�nd perWctad socurity lntarest or Hen)nt�ny time andlor�ny ntson. �_-��
<br /> • ° p��M pr�nsplvMC�r, TM ds41h Oi TrustOt,th�insdvency of T�ustor,the appoiMmenl cf a�receiver for any put of Trustors prop�dy.aeY =__
<br /> .� . asdpnmirt tor tho bonsfit of creditas, mny tnte of creditot workout, a the commancement of any procNdinp und�t�ny bankrupicy a ,
<br /> InsdN�ticyr lavre 4�r o►Wdr�t Ttusta. 4` _� --_�
<br />� F��c1o�Ur��Far'Jellu�a��tC. Commenc�rtwnt o(foroctosure w(o+leitura piocaedinps,whelt�er by Jud�tal procsedinp,seM-help,rpossesslon [�_---
<br /> ' � pr�ny pfh�r rtwthod,by any crodilor of Tr�tstor or by Rny yovernmentet apency apalnst anp�!ths Propwty. Howewr,thfs subsecNOn shafl not `--
<br /> _ � npply tn Vhr�wnt of a poud hNh WspuW by Trustor as to the valldity or reasonabienessot the clalm whlch Is ttw bnsls of fhe taeclosure a �_
<br /> �pr�lur�prp�Ndlop,providad thnt Trustoj piws Lender wrltlen notfce of such c1alm and furMShee�servss or a surNy bond for ttw ct�lm
<br /> ea1kl�CfM►to L�tder. �'�".� Y.-
<br /> � t,�...����..�_
<br /> , ,: �MCh pf plMr A�rMnNnt. Any brMCh by Trustor und�r�he terms of any other egresm�nt betwNn Tru3tor�nd L�nd�r that b not nmedNd
<br /> �. �ry���y a�p�rlpd prpvidad tl�ytn,Includinp without Ymftation�ny asreement conarninp any I�d�btedn�ss or dha obNp�lbn d Trusta
<br /> '� to L�d�r�wMIhK�dstlnp now or IaUr: '�`
<br /> ,� . Evw�t�AfhCqnp Gwranto�. Any at ths prec�d�ny�wn1s oCCUrs w�th respect to eny�wranta d�ny W 1M Ind�bNdr�or my�wranta � ' ;,�:
<br /> � d l a o r b�c a n a I n c o e'i P M�M�or r�vdca or disput�s tlw vaJidily o},a Nabulty undec�any�wnnty M the Ind�btedness. LendK�at Ns optWn, �" °• .0 :..;'.,.
<br /> rtuy, pul s1s�1 not b� nquksd to. permN the Q�arenf o rs es t a te to assume unc o n d i t i a W{y t h e o b N p�tl o r►s a r i s�n p u n d�r 1 M 4 w►a n t y I n� ��:?,�;.s:,, ''�,'::,, •.
<br /> rtlt(ItN�ittltf�CfdY 10 LMfl6��tild.ln do1n0 so�curo th�Event ot Qofault. ••.,°•._,:�•�".�''
<br /> ..-y•��. � ,��:
<br /> :; �..
<br /> i�NCUr�f►. UndN In aootf Itlth d�ms Itsalf Insecure. . _�'�:a:,::;:.
<br /> � EidNano InWbt�dn�as. A dohWt shdl occur under any Exlstinp Indebtedness or undor eny Instrument on the Propaiy securinp any Exis9rp � Y _
<br /> „ � �nd�bf�dn�,pr cpmrtknp�ment ot any 6uit or other aclion to foreclose any exlstinp Ilen on the Property. . •-
<br /> Alqht b Cuw. It�uch�taAUrs Is Curtbk end if Trustor has not boen piven a notk;e at�breach of the sam9 provislon of thls Deed c+f Trusl • -•
<br /> withln�M pr�adirp twNv�(12)monlhs,It may b�cured(and no Event of Default will havo occurtwd)If Trustor,�tter Lender sends w►itlm , •
<br /> noYc�d�mRndinp cun of auch hNUrr. (a)curss Ih�faHUre within ten(101 d�ys;or (b)if IM cure►equlres mor�th�n fon(10)daya,Immediat�ly
<br /> �� tnftlat�a stepa eufM;lent to ouro the fallun and thsreafter continues nnd completee all re�soneble and necsssary steps su6lClent to produa
<br /> .,_ ..--- - -----' -------��.r.�w�
<br /> .:_... _ __�_ CpRQ�t147��ioon sa��si�n�av��p........�• - .
<br /> _ ._.._ _ _._____-_..
<br /> may��rcie�any on�a mors of�thsA dtowlnp rlph�a remedles�f In nddit on to eny ot'her rt�hb or re'medles prowde by law• Lendmr,gt Its optlon, .,
<br /> ACC�N►Mbn upon D�iautl;AddittonY RemedN�• �t Qny event of default occurs as par the lerms�f ths Noto sscured horeby,Lender m�y
<br /> d�dan�N Indebtsdness�s�cursd by this Deed of Trust to be due and peyable end Ihe soma sh�0 tht+reupon bacorrN dw and payable wNhout
<br /> � any pr�sentmenl,demand,proiest or not�e of any kind. Th�Hatter,Lender mny: ��
<br /> (a) Eiiher In person or by a�ent,with or wlthoul bdnginp any acHon w proceedinp, or by a recelver appdnSed by a court and wNhout
<br /> �eptrd to lhe adequaoy of Its svcurity,enter upon and take possesslon of the Propary, or any part lhereof,in Itt own name a fn the name
<br /> o(Truslee,4nd do eny Qcb wh�h it deems necessary or deslrable to preserva Iha v�ue,marketabllity a renlablNty of the Properly,or parl
<br /> of the properly a'interest In the Proparty;Incxease the Income hom ttK+Property os proteCl fha securlty of the Property;and,with a without
<br /> taklrp possosslon o1 the Property,sue tor a olherwlse cdlecl tho ronts,Issues a�dprofils of tho Property,Includinp those past due end �
<br /> unptld,and cpply the same,iess casts and expo�sas of operaHon and cdlecHon,Including attaneys'(ess,to any Indebtedness secured
<br /> by th►s Dw�d of Trttst,oN in such order as Lender mey determine. The enterinp upon e►nd taklnp possesslon of t1w Properly,tF►e collectlon
<br /> of euch rsnb,k�sues�nd protib,and the appNcatlon thereof stall not cure or walve�ny de�ault or not�e of�fausl.ur�1�Deed of Trust �
<br /> M .,�9 •ti '
<br /> � � ..
<br />
|