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<br /> �< � ,� � •13 LENO�'S Rlti6iT TO COt�J�[CE OA OffHVD I�GAL AC?I�IS.f3ranta�shall Imred�adely otavide Lender with vrthton nottce of any ac�ual ar ' ; .- ..
<br /> u�r.es�enee eaim�.su11.ar othet�acee�t8�8 9ie Pcaperly. Cirm�6or her�aby�bfnts Lender as iis attameyarn(act to cormnance.Urtenrane ke.and :� :.� .
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<br /> .�. dat6nd sucA a�tnns.suits,os oU�e►te�mowe�ru��d to�amtse ar setVaar►y dairn or oonoroversypertaWrtg thereto. Lender shaD not da Qatrie to ' -��;, - 'g `
<br />- � � � C�ama►far eny setlon.er►or,rttsmlae.ortiisston ar detaypsrmintng tothe aztions�samad Q�t�is Par�e�h er anY dane�s�as�nD�re►rom Nu�4�8 .:
<br /> �. . .: � ama► ` .,�
<br /> comatned heretn w1�prevem Lender tromtaldngthB�tims d�saiber!tn U�s paragraph In its am rtatre. '.
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<br /> ,, . �� 10.UVD�tCA1ION.Lender deil aot assmre or tre responsi�!or ttte�Aortnan�a oi�y of Qrarrtors oblt�lans wiib respeqm the Praperty�der � �
<br /> arry d►amstancea t�amtor shai!fm�re�proiflde Len�r wdh rrrfloan ncttce af and IrtdsmUiy and hold Lender and its sharehotders.drecto►s.offtaera. � .(
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<br /> .. ` �ptoyees ar.d agsrts h�►riess irom aA daU�.das�ege9.HablU�s(tndu�9rtg attosnsys'tees artd le�I e�enses).rauses at aWon.actlons.suits and � •
<br /> . oA�er(e6al Woceed�ngs(a�m/ativ�� ty�Cta�r�s'!P�to the Pmpedy►M��B.�l r.ot Omfted to.U-iose tr�wtvU�g Hazardou9 Materials).Cirantor,upon � •
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<br /> � � '�.°.a iha requesl af Lender,6fia0 hUe tegat ectu►sel to defemd ter�der trom sud��ta[rn9.�d pay tha etmmeys tees,(egafm�e ersd other aosts inanrsd 6�
<br /> � mrmaetlan tl►erewt0r. M Iho alterrtffihra.Lent�r shaD 6a m�iQed to e�oy its mrm te�t m�utsel to dste�d sudi Ciatrr�s�gat C,��toYs cast tirariiofs � .
<br /> � 6 abtigatToo to indermity Lendenmder th►s para�aph st�aD survNe E►e teminatJon,re[ease cr firectosure of Uiis Oeed of T�ust _ �
<br /> � 'e`.; ,.�
<br /> ,' - �-^r- 18 TAXEB AEtD A88ESSHMHJTB� (�arrtar sfiafl �ta�ms and assessrr�errts refatlng to Propeny vihen dim and Grrrediately�aovlds Len�r evldenaa -_`-�� -�- * -
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<br /> -- _- - otp�ynr�em ot sarre. ttpor►�reqr�esr ot tan�r�l�r�st,afl�osn wnh tenasr ea�mora�w�a-ewat�(�n2)o��he es�ed ara�tns�uanao � -�'�:=-=::`':.--,
<br /> ". � premhun�tanes snd assassrrertts peAalNng to the ProdeAy. So tong as there is no deta�t.Uiese�nowts sha0 bB e�pQed to tha��rent of ta�s. . �`F
<br /> • assessmerRs�d b6�uance as tequited on it�Ptaperty. In Ure euerA of defa�ilt.L�n�er shail have ihe ri�f a1 ha solB option,to appty the t u n t t s so heid to ` `'; - �
<br /> ' oar�vlaxea or aga[nst ma ok�tgattana ary runds eppf[ea may.at t.enaers opUon.oe a�itea in reverce or'aer ot ma due aste 9��eot . . .. •<
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<br /> . .. � ' t8.UiSPEC1ICN OF PROPEH4Y.8QdX9.RECORD9 AND REPORT9.C3c�tm shali aDow lender or itsage[As to exandne and the Praperty �.
<br />� and exarstr►e.Ins�t and r�eoyiss ot C�antors boaks and iaa�rds permining to 9m Praperty[ram tirre to tlrr�. Qranmr sf�all pmvt�arry ass(stance � • '..
<br /> .�'.. requfcadby Letutsr fot these p�uposaa A!1 of thes� and Udom�atlon ootrts�ned(n C�antaYa books end reoords sda0 be ger�uNs.true,aeauate and :,
<br /> ., `. �rtpl�fn a0 wspects.Qrantor sRaO note the e sxf terrce of lendeYs ber[sftdai tnterest In!Is 6onka and record.pertalntng m ttre Praperry. AdddanaPy. :=_`�.�;
<br /> , tirartar sha0 raparl,in a fom�satlsfactoryt�o Lande,such�nfometTan es Lendermayr�uesl ra�ng Cirarrtar's iinandal oor�ition or the Ptoperry. Tha .-'",
<br />' � fnfama8an shaii be for such p�rinda,,shall reitect t��ors recotds et such t(me. �raY desf�e• ` .T�'��
<br /> � (nfomatten fmnfshad!ry(�rar�tor to Lender shaU I�true.aorauate and fn e�D re�spects,artd red with sueh frequency as�n� M . �s `;
<br /> oarrQ►ete si�ed by Cirantor if Len�re
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<br /> ' ' 17.ESTOPPEL CEfiTIRCATE9�YVithin ten(10)days afmr arry raquest by Le�er.Grantnr shall de0ver to Lender,or atry Irnendedtrensterea of Lenders :• .`, ,` ;`�"�
<br />. • � d�,m wfth respea w me obitga�ons.a sfgnea ana acEnmowieagad sta[emerrt�eCitytng(a)A�e outsmn�ne halanae on me o6ngadons-ana(b)wherr,er ,��.F . -. ._: __
<br /> . . (3rarrtor possesses e�y dairts.deLanses.set-0fts or w�mtetdafrtis wf�respect to 8ia 06Qg�[ans and if ra,ihe naduA of sudn datrm.detenses.set-ofts or ' _
<br />, �` .. caumerdaims. tirantor vnU ba conctusluely 6eimd h1►anY represerttaEan that Lender may rtialo�to ihe itrtertded transterea wltA rospect to tAesa matmra in . •- ---
<br />_ ,. , thaeuerAlt�Ci�arAurfaDs�oprovidetherequestedstaterterttine6rnstytrarmer. �l`� -
<br /> ' . .- ta O�AULT. Cirmsta�slmU 6B(n defa�dt�mder Ws Oeed o1 Trusl and the Trustea's power shail beoome operaUve tn 6�a eveM it�at Citatrto,Borroweror `�`� '` �—
<br /> �" . - - srrygi�roftheObiipaHons: �s�:':•; .._—
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<br /> ,...� (a)faQstopal►enY00{tgatlontolenderwhen�s: .•.:;:�:_
<br /> , � (b) failss to perform arry O�igation a breadies�ryr warranry or oaven�t to Lender corrtained fi thie�eed of Trust or any other preserA or fut� . � • -_-
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<br /> ,'r.' agreetret� '
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<br /> � � (o�destroYs.loses ordarte�s the Pmperly in�yr rtemrlal respect or r�,tecia tAe Properry to selwce.ootfflscafian.or wndermat[on: ,.;� : -.__
<br /> _ ` (�seeka to revoke.temi�ate or olherwise Qrdt(is Oah�ty undar acry guaranty to Letideti :-- ��--__
<br /> .;t ' (e) cD9s.6e�orres(egaliq trroortpete�U.ts mssotved or termtr►azea.6ecomes tnsoArent,rrotms an asst�tr�m for ihe 6eneftt of cred�Ors.taHs to pay • � '.,��,-
<br /> , ; dei�ts as they 6eearre cL�e.flfes a peUtlon�m�rthe tec�r�bar�lvuptgr taws.has an Imrohmtarfl ps�on tn baNwptcy Red in whicA Citarrtor.Borrower . --
<br /> .. : orarry guaramcr ts narrt�d.or has paopsny talmn�r arrywrit or pnowss of oowG .. ---- _
<br /> ' :5 (� attavrs�oads to6e used transPcrted or stored on fie Property.tAe possesstan,transpormtton,or use of�vhtc8.(s fllegai; � . .
<br /> - . , • � _` (g)sllowsarrypartyothertfiant3�arttororBorrawettoasamearundartat�arry06Uga9onwIthoutthewrittencansartloitsnder,or -
<br /> (h) aaus$s La�ar m deem itsei#inseaue due to a si�iftrant decBne fn tha value ot the Property:or tl Lender,(n good(aitY►.tor arry raason,bellevss
<br /> . ' . � ih�tha�spact of paym�m ot peAomtattee is Irtpehed , ' -_e..r,-
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<br /> 19� R[GFiT8 OF LA�IDER ON E3EFAULT. If fhere la a defaiM�mder 8�ia Deed o1 Tmst,Lander shall bo emft(ed to exerGse ane or more of the foltawlag „ '.��
<br /> • � certedtes wNhout nmtce ordsr�nd�except as re�ited by taw): � � '::�-
<br /> : �. ; (a)to dadare tha OhQgauona Imrnemarely Que artd payabia tn tuu; � _-__
<br />_•+_ . •` (b)to wltee!Ute a�ng O�fgattoas w(th or wlihaul resoAingto judldal praoass; �'.—._
<br /> . � ' ' �+ (a) to�e�Tre 3ramor to deltver end make avaltabte to Lsnder erry peraonal property or Chatteis oonsU'nAing the Properly a1 a plaee reasonably � "j�
<br />- � . oomreNem to C�rantamid lender. • �'�`„-
<br /> , . ' (d) to eMer upon and take possesslan of the Property vrflhout epprytng for or obtalning tha aDpotntmem of a reoeNer and�Lendeta optian,ro `�`-
<br /> ' eppoiM e receiver wlU�aut bond wlthoul Hrct�Ingfng suft on fie Obllgations and w(Thout oiherwise maeUng arry statutory condillona regarding . +I� "`
<br /> � recehiare.H being imended ihat Lendar shali have this comraet�at d�t to appoirt a mcelver, �..; .!�.�°
<br /> ; • (ey to err�toy a managTng agem oHha Proparty and tet ihe sarr�,eithsr in Trus�e s aum narre,in the nama of lsndsr or in the name ot Cirantor.end • -•°
<br /> recstve the rents.Incames.issues and pratits ol the?�peny and eppty the sarna.efter payment at ail necvr�sary cFarges and e�er�es,on aaca�ml oi . z_
<br /> . the Obligattona� . ` -
<br /> • (��DaY�Y surte in em►tartn or marmer Eeemad e�em by Lsndar to protect the seauliy ot this Deed o}Tnis1 vr to cura arry defautt o4he►th� " ���•��
<br /> . • ' � paymem of irrterast or pdndpal on the O�i�tions: .. :�::
<br /> (g)to bredose thia Qeed of Tnut jumdalty ar non]u�clally and to mreel the sate o1 ihe properry ihrou�exerdse of ihe pawerot sa►e ae retsrenoed tn ,..;;;:.
<br /> --=-=-.. --. - . � paragrepi�28 Asreof ln aaccurdar�ao w31f►epylicab[B law- ,� �--
<br /> ' (h)to setott Qrarrtors Cbligattons against m�}►amourtta awed tirantor by Lsnder indudtng,but not limtted to,montes,inswmema,and deposft - _
<br /> . . a000urrts matmaTnedwilt�Lenderor arry amemry existing or fi�ture affiQate o1 I�nder;end - . , :
<br /> � ' (I)to exercise all othsr dgMs avaitaffis to Lerder un�r arry ather wAtten a�eemeM or appilcable law.
<br /> . Landera d�ts are curMattve and�y be exerdsed ta�atlier,seyaratety,and in any order. tn tha evem tha�LanQar inst(Urtes an ac9on seetCrtg O�e � • '�
<br /> � recovery oi arry�oif�e Propeny t�r way ot a prejud�nem�emedy In an actlon against Qrantor.OranWr�the�osting ot arry bond which ml�i . • ..
<br /> - ' • alherwlse be d. Lender or Lsnde/s desl�ee rrgytnuchase the Property atarry sate. Proceeds ot Trustees sale hereunder shall be apylfed ' • �
<br /> .. � flrst,to the aosts end e�onsea of exerctstng thepower of sate end ol the sale,ineludlt�g 8�epaymem ot 1ha TrusKesa tees aetually ine�rred and not to , . . •
<br /> n��'- exceed the amoum whlch may be provided(ar in ihis Deed ot TnrsL seoond,to payrmertl of the Ob1lgaHons sewred hereby,Q�ird.to the paymarA of�r . .
<br /> . Uust deeds,moRga�s.or other Ilenholdera,and the balsn�,ii any,to 1he penon orpersans legatty emilted thereto. The property or any parl thereo may ?�
<br /> • be sold In ono parMf,or in such parcets,rtranner ar order a�Lende►In Bs sole�screUon rtmy elect,and one or rtpre exerdses of the power herein�anted
<br /> _ , .{ shatl nm axUnguisA or e�ausl the pawer unlesa the emire property la sotd or iha o611gaUons are pald In fiill. ••..
<br /> � � 2P.TRU9TEE'S EIIERGSE OF POWEii OF 9ALE ON OEFAULT:II Lender etaas to sell Qrantora irrterest in the Property by exerolse ol the power of � ' �._
<br /> • � sa10 heroin corrtalned.Lender shail notHy Trustee in the rtarmerihen re�ired by law.
<br /> Upon reoelpt of such notite o}Lender and et 1he drection of lender,Trustee shall eause to be recorded,pubtished and detivored wch noNaes ot defauit '
<br /> � . � ' and nolioes ot sate as may ihen b0 re�irad by Iaw and by this Oeed ol Trust. Trustae shall,oniy at the direclion ot Lender and withoul demand on Qrantor.
<br /> � after such Urre as may then be requlred by Iaw and after recordation ol such noUce o}detauN end aflor notico ot sate havin�baen glven as requlred by►aw. '
<br /> . • �� sell the Properly at the tima and pface ot sata fixed by N In such noUoe oi sate,elther as wholo or in soparate►ots or parco a o►(torn9 as Londer ahall deom � ' .
<br /> expeQiem,and in sucfi order as H may detertrine,at publio auctlon to the hl�est bidder for cash in lawtul money ot the United Statesp�ya�Io at the tima ot • •
<br /> � ' � sate,or ae otherwlse may ihen be rAqulred by taw. Trustee shall delhrar t�sueh pur�aser or purehasers theraof fts goad and sNli�ar�t�ed or dseQs
<br /> • oameying 4�e propeny so sotd,bul w8hout any oovertant or warranry,oxpross or irtpltad. Tho recitals in such deua ot any mattars or lacta shall be .
<br /> � . � oondusive proof of the UW�fulnasa thereof. Myp�rson,Inc�umng,withaut fimitaUan,Qranter,Trustea or Lender,may purehase at such sale. Truffiea may .
<br /> � In the manner provtded 6y law postpone sala ot atl or arry porlion of the PropeAy.
<br /> . 2f. RE�UEST FOA EtOTiCES: Cirarrtor requasta that a oopy of any noUce o}dataub ertd a copy of any notloe of sale hereundar be malled to each person ,
<br /> . . ; who Is a party herolo at ths address o}such person set forth hersin at the satre Urr�and in the sart�manner requlred as ihou�a separate request iherao} ••
<br />, had been filed by each such person.
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