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<br /> . -- 2?.CAYECYtaRI tA9Y9.To th�e�4 parmt�ted by tav�r.l?rartor agrees to P yLander's raaaonabte tees and oosts,inc4uding.hui not Umited to, � _
<br /> . ' � ,`. feas and�of attameys andoUtet eBA�Q�iu wHhout Iimimttotn patategats.cleAce and consultentsl.whelher or not sush atbomeY or agettt is �`� ���:, ; _
<br /> " . • :<`°`.;� �lf ��8 wuittt si broug�t�ud�fng�,6ut nat�Um�lOe m.a�NB�and C094�IttCUrted on BpRf pee�in�ben9himtpte.y.and for���udgm�d o!�� `.�;< <... , �
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<br /> _ :•£'�• .• � PA9'11AL 8�8� t�mer may refeasa Ns Irtorose N s portlon of tAe PropoRy�a�maitlng and reeording one or mora Ptutlal Deed o! , . .
<br /> • i+rithout a�tectlng ita irrterest in tne�emain(ng poRlon ot fhap�¢rty Ae�etn shatl be deemed to obUgate tsnder to retQasa '� � •.. _
<br /> o!Ha Urtarast in the PtoDsRY(em�pt as requtrad undar Peragmph 97��aor et�alfLendor bo obUgated tc rslease any part cf�tfe Property ff Qrantor. ,: .. .
<br /> � � .. � . d�tautt undar thla C�d of Trust Th8 Dan and se��yr tntarogt cresied by tAe Qead at Trust cematn in eHect with respect to that portion ot tl►e � 4` ,
<br /> �D�DenY.a�detttmdln ths Oeed ot Trust.thffi Is notth9 subject et thfa or arry PaNat Qeed ot R�meyan�e. °.�`'� • < .` .
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<br /> . �{�IiEODIflCA4lON Al�tD WAIVE[i.�t►s mod(iteation or waivsr af anY a f Q r a n t d Pe 0 6 U p a tlons or L e n d e r's B B M s ue d er t h l s O e e d o f T r u s 4 m u s!b e � . -
<br /> , o�t�Ued tn e�rt�ng signed by lsnder. tsnQar mayperto[m anyr ot Hartower's or Qrenmrla CbQg�ons deIay or tafl to axarcise arry ot ita dghta or " �:�•. �� .
<br /> � ac�ept payments fram L�a�r or anyona other than C�a�r witheutc�ing a waiver ot ffioae Qb il geNana or dgMs. A v�aiver pn oa0 a�astan shaU �
<br /> � � abi conati0rie a watver an any ot�er axasian. Qrantor's OEU�ons undar tiU�Qeed ot Tcust shetl nat be eftected ff Lertder amends, comises, ' `"' . . ,.
<br /> . '�. �ex�hangea.tails to exet�sa Impat�a or releases any of the Obltsatlons Eetonging to any tirantor,�rtower or thtrdpsaty ora�of its�against � '°' " :
<br /> . �asty tiranior,8ortower or th�rdparty or�r►y ot tAe FropaRy. Lender'a(aiture to Insist upon strict peAormanea ot airyr of ihe Ohi(gattona shaU no!be °. `.: .�'�. .
<br /> ,�;.,`�� d�8med a waiver,and Lendsr shali havo tna dgAt at Any tfma thnreafter to inaist upon striot psitormance. •
<br /> — -- S3k 8U88TiRiTE TRU87'FF In ease of tPtedeeth�(nabiiitf►.�efusal to sct or absenoB of tho Yn�sme imm the s�te whera the Prooerty is iacated or in �`..°
<br /> case the holdar of the Cbfl�i ans ahail desira tar eny reason to�emove tha Truffiee ar a�fy suba6d+te�e es trustea heseundet end toappoUrt a �
<br /> ' newtrustea tn hia pta�endstaad.tha holder of the U6ltgatlans ts hereby grantad fuU power to appoirn tn writlng a subsBwte trustea tor aetd 7roatse, ° �
<br /> . "� and the mfisti�Wstas ehail.vrTteneppotMed.beoortre suacessor to-e11 Agh�of Trustee he�eunder and the sarne ahall become vested in h(m tor •. , . •`' ;
<br /> _ _ . `',,�'' " tha purpcses and oDjscts of�ts Reed of Trust wtth a0 the power.duHea and c6llgatlana heretn cocAer�ad on tha Trus�. •;=- .
<br /> �1.SItCCESS0A8 AHD ASS[3H9�This Oaed ot Tiust shaU 6a btnd(r�g on and inure to the baneRt of QranLOr and Lender m�d their respeeNve "��, ' ,
<br /> _..- _.. � �ccessars.asgtgns,tiusLeas.reeeivot8�admintstiatora.PetsAnal ceprese�legetess end devist�ea. ' ..:. `� `
<br /> ` � 3Z HOTtCES 6cwPt as athecwTss raquired by law.arry no8ee or other comrtamieaUon to be provfded under thta Aned ot Trust shall ba M wrktng . .�1�, .'_,."':.�
<br /> - and sent m the pertlea st the aEQresses desaftr60 tn thfs Oeed oi Tn�st a�atlser ad�ae the Partlea maY daslgnam in wrtting from tJme 10 • � . .:4�r.
<br /> time. My sueh noUa so gtven ertd aec�t b y ftrst ciess maii,posffige p r epaid,ehatl6a daemed given the earitat of three(3)�ays afCSr eu�naNce is �=-��°^°
<br /> . � ;� sentorwhenreoelvadbytfiepersontovuttomsuchnattcels t6eng-g(ven. r " - `�.' -
<br /> ` ��<_ `� 33.SEVEAABlLtTY. WAenever possibte.each pmvis[on of thts Qaed at Trust shail be InOerpreted so as to be eftective and valid under appdcaEt9 "Y =�_'-.
<br /> ' etate taw. 8 arry pcovtsiar�of tAts d)eed ot Trust Wolates the taw or f�unerttarceabte,tne rest of thta Oeed of Truat shall cxnim+e to be valid end .
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<br />.. 3q.APPlJCAB1E lAY� Tbls Dfled ot Trs�sl eha116a govemed by the taws of fhe state whe�tne P�operty ts laca�. UNesaappiicabta tauv provides i,:;`_, —
<br /> .. • . . othenK(sa.Gremor�nse�to the jur(sdtatl�on andvenue of arry eourt selecte�by Lender,In its eat9 disc�etian,tocated In ihffi stffie. � — --
<br />--f� . :� 3S�tt0 TtIIRQ�PAAiY RttiliiS.I�ta person is ar shail be a third�aAy beneft�e�y af any pro�ision o!thie Oeed o!Trost M pro��stons of thTS OeaO af .. , _
<br /> ' Tmst tn tavor of Lender are irnenda�sotary for ffie Oensflt af Lender,-and no thfrd paRy ahalt Oe eMiUed to essume ar expect tAst Lender wilt waive or � ,���j',-. :.--_
<br /> . . conaen!w 1he madificatlan of any pmvtstcn ot tAis Caed o!T�usR tn Leadere sale dtscredan. � ' •", ,==
<br /> .- 38.PitE8ERVATtAN OF l�tABiLfYYAHD PAiOAtiY.Withautaf[ectln8 the Ifa6ilfty of Borrowet.Grarttor.or any guarantor pf tha Obligatlons,ar anyr `;..�.:.��-.=—
<br /> � • �- other pe[son(excapi a persan expr+essry reteased in v�ritina)ta the payment end periamienca ot the Obligatlons,and wNhaut aNecBng the dgMs of . � �.
<br /> 'rc•''� Lender�vNh tespec!to anyr Property not express(y rei�d in writing.and wNhout tmpafBng in eny way tha pdorriy of thia Qsed of 7rust over the z *���
<br /> ' tMerest ot arry person a�uUed or�trst evidencsdby recarding subsequesrt ta the recortling of Ws Qeed W Trust,lendar may,either hetore ar after
<br /> > � t l�a m a t u rf l y o f t h e O b 1 1 g a U o n s,a n d w l t h o u t n o U c e a r e o n s e t t x r a l e a s e a n y p s�s o n U a b f e t o r p a y m e n t o r p ar[ortnance M etf or an y part ot the � ,�_
<br /> " ` Obitg�n�make anye�reemeM eltartng the term�of paymeM or pertortnance of all or a�ry paR of the ObtigaUona; exe�clse ar retrain ftom . _
<br /> � �' eaeccising or wahre any dgM or remeQy tha!Londer may have under thta Oeed of Trusk accept additional securitv of any Idnd tor of the � ��:
<br /> ° .' .. .,� .' �o ,m retease ot othaixdse Oea1 wNb a�ry tesi rn personal p�apeny secudng the Obiigatlo�.My pe�son acquGing acrecocding svi�nca at . '���_..n
<br /> ; . � ', eny�b�i�ntereat ot anyr nature(n tho Property shatl be deemed,by scquidn9 such tnterest or recordin9 enY avidenca tt�areof,to havo oonae r rt e d to�I I or : .`�"'
<br />';� , , • any euch ectiona oy L�nder. : _�'�:-
<br /> 37.Df.F�A8d1�IICE ttpcn ffie payme►►t and peAortnance in tuil of eii of the Obtigatlona,lenderwill executa and deltver to tirentor tAosa dacumen�s '.' '�"—"
<br /> tfiat may be required to retoase is Dsad of Trust of record.Qrarrtor shall be rosponsibte to paymry casts of ceaordatlan. +��
<br /> k, " " � 3� COH37RUCilON LOAH.�This Oeed af Truat ts a constructlon mor�age under the Unitorm Cammerotal Cade,to seane an obflgatlon „�.,
<br /> , : " !,�,; inwrred tor 1Re�sUUaUon ot sn impravemertt on'land.(nduding tha ac�uisitlon costs of land.This Oeed of Trust secures e consErueHon loan,and �
<br /> � it vAll Ea s�Ject to the Le[ms of a consbuction toan agreament between�Grantor and Lender. My matectela,equtpmertt or supptlea used or Intended �k___
<br /> ;'•' tor use in the consUuctlon,devetopmant,or operatian ot tha Property,whether stored an o�oH the PropeRy,ahc�il atso be subject to the Iten af this : �;.,;
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<br /> � ' • ' 39.WANF.R OF HOMESTEAD AHQ OTHER d�EAPTIONB tiranmr�ereby waives atl homestead and other axempUons tn the Property to whtch - ���
<br /> ..'.;, . C3rantor�voutd athe�wlss be antltled under anY SPPlicabte t�w. - -
<br />���. : ... : �4p MISCELIAHEOUS. (irantor and Lender agree that Ume Is of tha essance.Ciranmr weives presemrnent.demand tor paymeM,notica of dlstfanor � •��y
<br /> ` -. .- --.- and protest exaept as requlmdby Iaar.Atf�eferenr�s to Qrantor tn this Daed a!Tn,st ahall Inch,de all persnns signtng beiow. H there ts mare tAar►one . - -
<br /> , • C3rantar,thefr ObiigaUons shall 6e jolnt and savaral. This Dead ot Tnust repre�ets the eomptate Integratecf undersmndtng betvreon Cira�roor ane . ���_
<br /> : � , LenQer portaining to the terme and conditlons hereM. � � ' •�:�--_
<br /> � �. 41.JURV?iilsl WAWER.LHNDER AND OHANTOR HEREBY WA[VE ANY RlGHT TO TRULL 6Y JURY IH At3Y CML AL`TION AR(S(NO 01lT OF, : . -'!;'�:•���-
<br /> OABASEDUPON,fllISOEEOOFTAUST. • ,`:.'��„'":_:
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<br /> : ' • Qranmr acknawiodges that Qrantor ha9 read,undersmnds,and agrees to the terme and conditiona of this Oeed af Trust,and acknawledges receipt of
<br /> . an exact copy o}seme. .
<br /> • Datadthls ad� dayof ���a�, 1998 . ..'`, ` '
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<br /> . : a buJp�] Sperrg awwTO�: Palsieia K Sperrp •
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<br /> • �, e Dd..Be Pa r o a .pe � -. .
<br /> ' GRIWiOFt �NWTOR:
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<br />- � ! 6RANTOii: GWWTOR:
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<br /> :. GRANTOfi GRANTOR: • .
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<br />-- . . IPNE91t0 D FormAflonieehndoplrt9.ine.1»!8/867 1E001B�Y3Y89 Peg040}9 � � , �
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