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<br /> ; 02-t8-t99s DEED O�TRUSY �i: S , . �:,4.. „ .
<br /> 93- � � � .�
<br />-- `� Loan�to 657478 (CoMlnued) ��� O Q i ' • �.
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<br />•€' . • paymants on the InGebtedness Secured by Uils type of Oeed ot Trus� (c)a tax on this type of Qeed of Tn�st eha►geable agaim,i!Ae lsnQer or � �
<br /> ;' ' U+a hotder ot Me Nots:and {d)a spedHc tax on eU or erry po�on oi the InQeDtedness at on paymerds of pd�ectpaf and ir�Oeresi made by ` `
<br />_'S.`. ' _ f Ttl�sior. , `
<br /> � • Supseqaent Tmre9. :f erry tax to whleh this secdoo eApGas is enactod subsequerd to the date of thts Deed of Tnut.this svent shaD have the
<br /> ? s8me eAeCt e9 en Ete�of Oetstili(es deftnad Cetow?.end Lender may�e arry or eU ot ils ava7abte remed�es for en Ewnt of QefBtAt a5 `
<br /> i; , , . .� provlQad betow uNess Trustar eEtlter (a)pays tAe tex before H betames de�nquent,or (b)wntasts tha tax as provtded ahave In tha T�es and . •
<br /> .t� � � Llens sectlan and dep�its with Lender rash ar a suHtdent carpa�ate surety band or other security saf�iactory to i.ender.
<br /> .; ; i SEi�IAiTY AGRFERiENT:FlN11tiGtd6 STA7FGSHyTS.The toUawirtg provt�ons rafating to this Oeed af Trust as a seautty agreeemnt are a paA af - ' .�
<br /> � . . •4 Nds Dead o}Tnu;t. � .
<br /> i,
<br /> ` �� � seeunty agresment Th�s insvume�snau coratihda a sec�u+ty asr�ment eo tne e�dent ar►y ot u,e aroperty cor�stitutes rochues a otnor .
<br /><,,, . ,
<br /> �._ - , -.-_�--__`.! F�p�a1 Q�,and Lender shail have aU of fhe AgAts of e sectrced PeriY under the Unl(orm Commerda!Code as amended firom tirtie to }. :-- -.. . `
<br /> - - �---'r- ,
<br /> {' . . , tlme. _«
<br />`ti� ' $eqtAty tntereSL Upon request by Lendar.Trustot sha0 mcewte flnandng statemerds and ffike whataver other adfon Fs requ�d by Leader .
<br /> � � ' � to pertect and eo�inue Leadefs sec�aityr interest�n Me Renb and Personel Properry. In ad�fion to record►ng this Deed ot Tnist in tho real � • •
<br /> , prpperty recorQs,Lender may,at arry Hme and without further euthariatton trom Trtistar.lQe exeeuted courtterpads copies or reprodudions ot . • ,
<br />��; ' tNs Deed of Tnist Bs a frnandrtg stefemen� Trtutor sfiaU reEm6urse LenQer Por a0 e�erues incurred in perf�tng ar eo�nWng thfs securiry _._
<br /> t interest UPen defatdt.Trtatar 5heii assemble the Fersona!PraAertY fn a manner end at a Place reesonabry conveNeM to Tnstor end Lettd�
<br />`'�.` . i and make it avaflabte to Lender withfi thcoe C3)daYS after reteiPt of v�n demartd knm Lender. ° ..-,
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<br />.�. . .,'. Add�ressee. 'The ma�iag ad�resses ol Tntstor(debtory and Lender(s�P�Y�.tram vr'htch infarts�ation eaneeMng tAe seCwity 6da�t ,
<br /> grarrted by this Deed at Trust may be obtalned(each as requirad by tAe Unifartn Commerda!Code),are as sffited on the ftrst page of tNs Deed �
<br /> .w;.-
<br />;,1• • � . of Tmsl. ! � � ';,
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<br /> '. . FUAT1iEFi ASSUAAHCE.S;ATTORNEY-IN-FACT. The fotiowing provisiars refatir�g to tuRher assurer�ces and attomeyHn-�ae1 are e parl of th(s -=
<br /> DeedotTrust. ��. :���'�
<br /> ��� � FuMer Assuter►ee9. At anyr time,and from tima to 6me,upon request of Lender,Tnistcr will make.execut9 end de�iver,or wiU cattSe to be `�'�� • ��
<br />�.�:� � made,�cecuted w delivered,to l.ender or to Lender s dasignee,and when uesffid by Lender, cause to be fite0,recorded,reAed.or � ' ` �"�w'�
<br /> B4 f�:.-. ,.' ' '
<br /> �{€ • • • re�recorded,as the case may be,at such tfines and ir.such oftice�and plac�as Lendar may deem aAAroPriate,eny and ai1 such martgag�, , _
<br /> Qeeds of trust,security deeds,secudiy agreemerds,financing statemerds,can6nuaf}on stafemerds,insbumeats of turther asseuance,cerGBcat�. ; ;:'
<br /> !e if end other documents as may.ia fhe sote opiNon ot Lender.be necessery a desirable in arder to eNet�uate,campfete,peAeef,conUnue.or •� � i'F-:=
<br /> '•}; • ���i p�eserve (a)tlie obOgadans of Tnrstor under the Note.ihEs Oeed oi Tnuf,and the Reiated Oocuments.and (b)tt�e Uens and s�� .. �� f=•a
<br /> tt�
<br /> � aeated by this Oeed ot Tnut on the Ptoperly.wheiher naw avmed or hereafter acquhed by Tn�stor. Untess protubi0ed by Iaw or a�eed to the ��{,,;�.
<br /> ��` cantrary by Lender in wdtlng,Tnutor shatl reimburse lender for ail cosis and expenses incurred In Connectian with the maNe�referted to in •#i.��
<br /> fx ` -�.� thisperAgreph. . "' .'
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<br /> 'i � � Attomay6-tn-Fact. If Trustor fatts to do any of the thtngs reierred to In the prece0ing paragraph,Lender may do so tor end in the nama of • )F
<br /> ?� Tnista and at Trustor's m�ense. For such Durposes.Trustar herebY irravacsbN eDAoirds Lender as Tnistats attomey-in-fact for the purpose ;�^. :
<br />� j�- ot making,executing.QeHverfng,filtsp,recor��sg,and doing a9 other UUngs as may be necessary or das�ebte,in Lenders satB opinion,to - - s;.-�;,J
<br /> t-= accompfish fhe matters ceferted to in the preceding paragraph. ,. '.,_=-
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<br /> ,.�,-`.: ' ' PW.PFAFORMANCE. It Tnistor psys sU the Indebtedness when due,and othenvise pedorsns all the obGga�ons imposed upon Yrustor under this �"�'
<br /> ' Deed of Tn�s1,Lender shall execute and delhrer to Tnistee a request tor fuU recomreyance and shall execute and deliver to Tn�stor sWtabie ��, �:.°' �;:`��
<br /> statemems of tertntnaUOn of any financMg sTatement on fife evidendng Lsnder's securitY interest In the Rents and ihe Personal PropeAy. Any �;:��:
<br />• � � recomreyance tee requtred by taw sha(1 be paid by Tnistor,if permitted hy appficabte taw. � •,,;��
<br /> �'i' OEFAlB.T. Each of the toQowing,at tha option of Lender,shall wnstitute an event of defauit("Everd of Detault�under fhis Deed of Trtux : �� �` �
<br /> L,t .,�ra,.
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<br /> _';`.j , . . Defauit on InQeAtedness. Failuce of Trustor to rtmke arry OaYment when due on the Indebtedness. . ; .- �==:
<br /> Oeteutt on Other Paymenta Failure of Trustor withh�t'se tlme requfred by 1NS Qesd of Trust to maka eny paymetR tor ta�oas or lnsura!�ce.or • • —
<br />' , any other payment necessary to preve�fi0ng of or to effect discharge of any uen. • ' `=
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<br /> � . Compliance Oetauf4 Faiture of Trustor to compty with any other term,obtigatlon,covenant or con�tian contaln0d In MJs Oeed of Tnis�the . • � �•�:"
<br />, . Note ar in any of tAe Related Oocuments. ; . -_
<br /> Fa1�ta Statements. Any wartanty,representaUOn or statem8nt made or tumished to Lender by or on hehelt of TruuRttor unQer tBls Oeed of Tnist, .,. :' ''� '_
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<br /> the Note or the Reiated Oocuments is false or mts�eading in any material raspect.eftAer now or at the Ume made ot fumished. t . `''`�
<br />� ,��.= • Oefeetive ColtatetallzaUon. This Oeed ot Trus1 ar any af Ihe Related Doeuments ceases to be In iW force and effect pnciudtng fa0ure ot any �— -
<br /> coilateral documents to create a valid end perfected security interest or Gen)at any time and for any reason. _°
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<br /> �. DeatA or tnsoN�ney. Ttie Oeatn oi Trustor,the Insotvency of Trustor,the eppolntment of a recetver for any part ol Tnutors properry.any ..
<br /> ���'. �• • assfgnment for Ihe bene6t of credito�s,any type of creditor workout,or the commencement of any proceeding unQer sny b8nkruptcy or • �' �
<br /> ` � ' msolvency Iaws by or against Trustor. ,
<br /> Fo►eci08ure,Fotfeitu[e,etc. Commoncemenf of foredosure or forfe(ture proceedings.whelher by judlaal praCeeding,seit-help,repossession � . '
<br /> � w 8rry ather mathad,by any ereditor of Trustor or by any governmental agenay agelnst any of the Propedy. Howaver,tMS sub5ection shell not � ,
<br /> ' appry In tAe event oi a good faHh dispute by Trustor as to the validity or reasonabteness of the claim whicA Is me basis of the foredosure or ,_ '. .
<br /> ,:`n. • 4 forefeiture praceedtng,pravlded tAat Trustor gives Lendet wtilten noUCe ot such ctaim and tumtshes reserves or a surely bond far the daim
<br /> ;�; • SedSfaCtory to Lender. . -
<br /> • Breaeh o1 Ot�er A�emment. Any breaoh by Trustor under the terms ot arty other agreement between Tnutar 8nd Lender that Is nof remeQted • •
<br />,_i'`'. . w(thin eny grace psdod ptavlded thereln,lnduding without fimifa8on arry agreameni concerning any Indebtedness or othgr obllgaUon of Tnistor � •
<br /> , ,, . � to I.enQer.whether e�dsting now or tater. . ' ,
<br /> . ; : . ' Everts Aifeettng Gutvantor. Any ot the preceding events accurs wtth respecl to any(ivarantor of any ot the InQebtedness or any Ouerantor ' •
<br /> dies or bacomes inCOmpetent,or rsvakes or disputes the validity ot,or liebility under,any Guaranty of the I�debtedness. lsndar,at ib opUOn, .
<br /> m8y,bN shall not be rAqutred to,petmit the QuarBntOrB estate to as5um8 uncondHonaUyr the obBgaUOns ariSing under the gua►aety in e
<br /> ' �� manner satisYaotory to Lender,and,in doing so,cure the Event of 0etault. . .
<br /> � , •. fnseeuAty. Lender in good faith deems�Iseit insecure. • _ '_
<br />-� • . E�OSting tnQebteQrte88. A deTault shail occur under any ExlsUng indeDtedness or under any Insbument on the Propedyr securfng any ExiSUng �
<br /> - Indebtedness,or CommenCement of ar•y Suft or other aCtion to tOrectose any euLSUng tlen on the PtOperry. .
<br /> .. „ � R1ght to Cute. If sucA a faiture is curable and if Trustor has not been given e nollce o}e breach ot the same provlslon ot this Deed ol Trust : .
<br /> within the preceding iwaNe(12)months,it may be cured(and no Event of Defauit will have oocurred)If TruStor,after Lendr,r sends written � :
<br /> p ��• nolice demanding cure of such lai�ure: (a)Cures the tailure within ten(ip)days:or (b)if the cure requlre3 mOre than ten(10)d8y9,immedlately
<br /> initlates steps suificaent to cure the tailure and thereatter continues and eompfetes all reasonabie and�ecessary steps sufflclen!to proQuce �
<br /> �•�', compBanCe as soon as reesonabiy praC6C81. � .
<br /> � RiGMS AND REMm�ES ON OEFAULT. Upon the occurcence ot any Event o}Oefault and at any time therediter,Trustee ur Lendet.et it9 opUan,
<br /> � may exercise any one or more of the foltowing rtghts and remed�es,In addiUOn to any other Ngt�ts or remedies provided by taw: �
<br /> '•' � � Aceeteta4on upon Defautt;Addttlonal Remedies. it any event ot default occurs as per the terms ot tha Note secured heraby,Lender may
<br /> � deciare all IndeDtedness secured by this Oeed of Trust to be due and payabte and the same shali thereupon bsCOmo Que and peyabt0 without �
<br /> I .
<br /> � eny preseniment,demand.protest or notice of any kintl. ThereaHer,Lender may:
<br /> (e) Either in person or by 8gent,wdh Or without bnr.ging eny aCUOn or proceeding,or by a reCeiver eppolnted by e couA entl wilhout �
<br /> -� regard to the adequacy of its seeurily,enter upon and fake possession o�the Properly,or any paA thereot,in its own name or in the name
<br /> "���• of Tru51e9,artd do any acts wh�ch it deems necessary or destrabie to preserve the va►ue,marketability or renlBbNty O}the Property,or pad .
<br /> .! .
<br /> �y,:!: • o}tha Property or interest m the Property;increase the income hom lhe PropeAy or protect the security ot the Property;and,with or withoul i .
<br /> tak�ng possesslon of the PropeAy,sue tor or otherwise collect the rents,issues and profits o}tha Properry,inctuding those past Que and
<br /> ;..:� � unpaid,and apply the same,less costs end expenses ot operaUOn end colteCllon,includ�ng attorneys'tees,to eny indebtedness secured .
<br /> {���_; by ihis Oeetl of Ttust,ail in such order as Lender may determine. The entering upon and taktng possesslon o!llta Property,the CotlecUon
<br /> ot suCh rents,Issues and profits,snd the appllcaUon thereo}shall not cure or waive eny detau8 or notice of default under this Oeed o1 Trust
<br /> a invandate any flct done in response to suCh detault or pursuant to such notice of detaulh, and,noNr+thstanding the ConUnuance in �
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