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<br /> D�ED OF TRl1�Y ��..1.U��'�2 �°�e 4 . < � • .�
<br /> 03-?5-1997 Co�lnu�
<br /> � Loara �ta 4�b� � . • °.
<br /> Taoc�. The fottov�irty shall cans0tute�ws to wNeh HUS se�ctfon apptte� (a)a spedRc tex upon Ws type o!Oaad ot Trust or uAon a!!ar enY � ' �
<br /> part of the Indehtedness secured by Ws Deed af Tnu� (b)a sAedfle t�c an Tnistor which Tnistor is autfioriffid tx�eQ�ed to dsduci from
<br /> ls� ,
<br /> � r�on the Indebtsd�ss sacured by this tyDe ot Deed ot Trusk (e)a tvc on this rype at Daed ot Trust tc.�b��i ���y � • M`�
<br /> � �hptder ot the Not�and (�s sRedflc Sax on all a any portion of tho inds8tedness ar on payments a p r+cip ,
<br /> Trustot.
<br /> �qts�nt T�ras. Ii 0�ry tvc to wh:ch thls sectton appRes(s enact�d subsaGuerd to ttw►dstfl of U�is De.sd ot Tnut.thls event shai►hav�the ,f�
<br /> � same ette�t as an Evers!of OefauY2(as daflned batow).and Lender maY euerdse enY or nA of Hs nva0able remeNas tar en EveM of De[auit as
<br /> provlded betow uttiess Ttusior eiut�3r i83 D�;Y'-�L''3 t3.:�.:.'�9 a���4u9ttt�a (b)r.ontesls the te�c as Provlded ebove in th9 Ta�ce3 and (
<br /> Ltgns sectioa and depcsits witA L.ender eash ar a sut�'icieM corporate stxsiy bond ar other sectufty s813sfadaY to Lendet.
<br />_ . . g�Cl�tY1t�t�t�£FF-�BTi FlNAA1pKG STATEf�€i3r&. Th9 toitavdng praristons�etatlng to thts Qesd ot Tn�st as a secwitY a�eeme�t ere a Dart of j . ` . ,
<br /> �£A �
<br /> Wg Deed otTrust. .
<br /> �eWAty Ayteeme[IL Thts InsUvment st�ail consbtute a secu►ttY e�eement to the�de�any of ttfe Property cor�stYirtes fodures or othar �. _ . -
<br /> nsti a
<br /> Personal D�Ae�Y,and Lendet shaU have aD of tt�e dghts of a sec�aed PerlY under the Untform Camrt►ereial CodB as amandsd from Ume to ,
<br /> 9tne. � .
<br /> . SeW�iry Irttete�. Upon request by lend�.Trustor sha9 execute finanetn9 staternanls and tsko whataver other aeHon�S re4uested by Lender . .
<br /> to perfact and co�nue Lenders`ectuRyr interest in trte Rants and Persorwt Property• In eddrtion to�ecwtQRD ihis Oaad of Tn�st In the rao! , .
<br /> praperly recor�.Lender maY.gt�Y tlme nnd w(thaut further suthori�lon irom Trusta.�incurtod i�n����a�r�n�� ���I► � . , � .
<br /> this Deed of Trust aS a 8nandnD s�ment Tnator shaU retmhutse lender fot eD e�e P�� ( . . ' ' -
<br /> irderast. Upon dotault,Tnsta sheD assortS�te the P'e+sonal ProRertY in a monner and at n ptaca reu�onaby cnnvenisrrt to Trustar artd Lender � ,
<br /> � and make it ava�'tabts to Lendet vrfthtn threa(3�days afte�reoetpt of written demFUSd irom Lender. �.. • ;. .
<br /> ��� Addrtsses. TAe maiti�9 addresses ot Trustor(debtor)end Lsnder{secured Party).from whkh infamaUon conceminp the securttY Inte�es� t �, .'--. .:
<br /> , � granfsd by this Deed of Trust may be obtained(each as requfred DY the Un(tam Commer�lal Code)�are as slated on the f6st page of this Deed
<br /> � of Trusl. . . ' :
<br /> FiIFiTl�R ASSt�iANCE3:A7TOANE1f�N-fACT. The toYOwirp Provtsions reiatin7 to t�xther assurar+ces and Attomey-r�nct are n part oi this
<br /> I Deed otTrusf. , � I
<br /> .; � FMrttMr As�tY�Ces. At ar►Y tlme,and irom Ume to Ume.uPun request of L6etde,Trust b Le�e.�ebe� •��+��efiled,or � ' . �• ' -
<br /> rtsede�enacuted a deQvered.to Lender or to Lenda�s desi0rwo.and when roquested Y � ����d s�ch mwtt�g�. F �� .
<br /> de �
<br /> rerecorded,as tha case may be�at sucfi tlmes and in such ofttoes ttnd pta�es as Lender mfty Qeam aaP aP .�_ -
<br /> ' dee6s oi 1nut.sec�alt}►desds.secud3Y apreemert�,ftnencinp sffitemer�.contlnuat'on statements.instruments of further assurance.esrfftGxites, i .i=
<br /> end other documenb es may.in the sata aDlNon of Lender.be nec�sa+Y or deslrabW in order to eBachrnte.eamPlet�.Pe��conUnue.or . . ,-�=_`u
<br /> ` pr�erve (a)the ab9pa8o�of Tnestar�naw the No1a,ft�[s Oeed af Trust.and tha Re.ated D�curt+3rRS.and N)1TN 6ans and sacu�i�yr Intaresta
<br /> � cnatad by lhis Oe�d af Tnisi on tho Prapxty.wfwU+ar now orrtwd a h�aaftsr ae4utred by Tn�sta. Udass Prohib�d bY taw a epread to the ; . . .`, �-
<br /> conyary py Lendar In wrltlnp,Tnutor sh�if[eimbtuso Lender tor aY co�s and exy�ns�s tncurred in connactlon wHh ths mattea rMort�d to tn � , . r���.:;�i'
<br /> - t���� Y..]�.:= ��r; .
<br /> ,. '� Attorney�n-FOeL I}Tn�sta taus to do any of the ttYngs ratertod to tn ttM pracodnp Parap►aPh�I.�nder may do so for and tn Uw n1�me of i - - �°
<br /> � Tnstor and W Tnistofs e�ac�se. For such Durposas�Tnata tie�by 6ravacebN a9Dcints Lendsr 4s Tnutcrs attomey-In-fact for tlw puryo�o �,
<br /> � ot as�ktrg.w�cutlnq�doYverinp.lfenp,ncar�np.anc danp au�ther tinnQs as is�ay be�+ry o�E�-'"'-D:a.:ss�cnd�'s��!�al.fo • .
<br /> accompiLsh fhe matte�s referred to in the precedin0 Pa►eQraPh. `'i��.� ..'� -
<br /> FtLL.PERFORMAlt�. It Tn1stor paYs eD the Indebtedness when dus�terminates the ane of c�e�t,and othen�e PeAams a9 the o6lipa�ons . :. '-��.:-..�4'
<br /> imposed upon Tnstar under this Daed of Tn�st,Lender st�eN aecu�and deQver to Tnutee a request fa tu11 recarnsyanoe end shall executs and ; .�.,..;��
<br /> deifver to Tiusta suitable statements ot terminatlon of arry flnanctnp sTatement on ffi e evi6anctnp Lendets sacurity I�est in the F�rds and the
<br /> perspnd Propedy. Arty rocomreyancs fea requYad by taw shal!be paid by Tmsta�(t permiUod bY i+DPUcable law. � } .
<br /> OEFA4LT. Each of the to8owiny,8t the oAUon ot Londer,shafi consUtute en evant of daiault(Evant of DofautYj under this Oaed of Tnut � ' . ��.`1 c
<br /> � pefuilt on IndebtsQfus�. Fe3lure of Tnista to maice anY paY►nent when dua on tha Indabtadness. - �-- . p �� '
<br /> p�{�y�p�p�}�r Paym�nty. FaOuro ot Trustor wltNn the tlma r�qutred DY lhis Deed of Tnat to make ury OzYment for�a hisurana,a _ . . ', .-
<br /> . arry ott�w PaYm.nt�2cossary to preverd fi3ng of or to eNect dfschar8c+ot arry Y�n. , � � ��
<br /> ���._,�..
<br /> CanipYanq ONwil. FoAure of Trusta ta compN wHh arry other tetm.obYpaSon.covenant a eon d tlon co n t a i n e d in t h b W e d a t T n a 1.i t w . .... <�•- ,��,:.
<br /> • Na�a a in ury of the Reloted Oocument3. ,� �,� s '
<br /> tw�tot a tt�Rei4tAedmDOCW�u��faBe a �rt�adlnp m erry�material resDecl.�cryat the tlrt�mada ar fwnis�hsd.�s OeW of Tnnt. �*,��-��,
<br /> �tw�a!docu��a�'wte a va11d ana f TDerta�fad s�eciairy nt4rost or Ren�j a!anY U�tt�ry�occa an d e ft e c t p n c i u d r g f a i l t s a a t a rt y , ' '__�_
<br /> DWA or In�Wv�tN.Y. The Eeath of Tnista.ths lr�soNencY of Tn�sta.tlw aDPdnLYferd of a ncoiver for anY PW of Tnatofs propadY.a�1 . � -- �':>.
<br /> ;, •. aSSipnrtwnt tor ths bst�efit of creC(tort+.anY tYDe ol cre�tor wakoul. a ths commeneerrwnt o1 arry procNdirg un4w ury baNcruDUY�► . ;.•
<br /> InsGNencY Iaws by ot apW�st Trustol. `,.::'`�,
<br />� Fo[KiosW��Fort�tdurl��tC. Commencamer�l a1 foret��osuro a fafdtura procaodrps,whathw bY ludc3al Pra',Mdlnp.s�il-tyfV.rop�s�ion ::.''-�,;
<br /> or an1►other method.bY�Y�+to►oi Trustor or by ar►Y Oo»mrtwrdtl apon�►i�tpa�tut anY of Uw Proparty. How/v�t.tNs subs�clbn shW not
<br /> ' iPPN U tAs MrA M�9�d fa(th 6sDut�by Tnnta os to th�v�dH a t�as�nabbn�s of fh�cWm wNch b the basb af ih�tora�lo�ur�a , „r„
<br /> foretettun WacMdn9.Vrovldod U�at Tnato►qhhs LQndar wrflf�n naHO�01 weh d�1m and turdstwo r�savr a a sa�tY bond tar flw d�tm .._ • .
<br /> satfst3ctory to L�ndu. . .�~*- ��
<br /> BrMeB of OU�B I1yn�nM'i�. MY bre�cA by Trustor undar th�Urms of arry othw a�eement betwsen Tnstor md Lindw tt�at fa not ranwdf�d I .
<br /> � ��Y�P��Provtdwl Uierein�tncludrg withoul prr�tlon any a�rraemem concerNaD anY indebtedrws.s a oth�r obilpatlon of Tnstar ,
<br /> � to tsrMer.whettwr e�siinD naw a latar. ' . • .
<br /> EY�nt�AtNetlnO Qwr�ntor. My ot tM pr�o�dhiD srr��s occurs with rosp�ct ta anyr Quarar�or o�asry ot th�tnd�bt�dnsss ar ury�uarantor .. _
<br /> AtNetl
<br /> dos u bacom�s tr�comDotenl.a revokes a�sAutae th�vaYdty ot,a AabWtY�nder.anY G�MY a ths IndebtodrNSS. L�ndu,at Ns oDilon. �
<br /> rt�Y.but sh�8 not bo ro4uWd to.D�i ttr(iuuantors osFata to aasurrN uncan6tlonaYY th�obYpaYont�rhUg�nd�r th�puaranry In a
<br /> � m�.a+r+'r a±iNSf�etaY to L�nder.and,In Qdnp so.etxs the Event of DMautt. � . , -
<br /> InNCw11Y.Lsnder in pood taRh deams itseif hnecire. . -..
<br /> pd�t�q f�s�. A dafaiQt sha8 occur under any�rg Indobtednes9 a unQer arry Ir�sUUment on tfi9 Prop�ty 6acufnp any F�6t9rp . �
<br /> Indab�dnoss,a comrtwnoemerA of arry sutt or otRer actlon to(or�ctasa afil e�dstlnD Yan on th�Propwty.
<br /> ! pl�ft tp t�rs. 11 such a faN�e b cwabte and H Tnistar has not Wen awe s noda of a bnach W ths sam�provbton of thb Wod of Tnnt
<br /> uMhin the pncet9np twatve(12)montAs,H mey be curcd(and no Evard ot D�fa�Gt vAD have aoculred)i}Tnlstor,atlw L�endet ser�written . .
<br /> �[ npypa dem4n�rp Gun of such faUure: (a)ctues the fai(ure wilhtn ten(10)d�ys:or(E)H fhe cure requfras more th4n fan(10)Qays.ImmaQlateIy •
<br /> � � inliiatc�s st�Ds sufAcient to Cure ihe feiture and theroitte►eo+�inue�and comAle�s u resson�bis and"�swy s�P�suflici�M to produa .
<br />. Y compYance es soan as reasonabty practleal. �
<br /> ma exirCise aeY o��txe�togowln�p riphts and remedle9��ln nddf�on to an y other rfphb a rertbdbs'���dad by�aw• Lendet.at its opHon,
<br /> ACesleriUOn upon Oa1Ml1t:AQditional Rertlsdfes. if any event ot defauit oc�urs as per the tertre of the Note secured herebY�Lender msy , .
<br /> �� �eciera ep�nQept�dness secure0 by WS Oeed of Trust to be due end peyabla and iho snm3 shall thereupon becomo duo and pay8bie wnhao'
<br /> � arry presentment,domand.p►otest ar nofba of any klnd. ThereEtfter.Lender may. _..
<br /> � (a) Either in person or by ageM,witA a wlthout bdnging arry actton w proceedng.or by e reoelver eApotnted by a court and wflhoul V'-
<br /> r e g a rd to the adequacy of ib seciuftfi.enter upon and tatco passasslon a?tha Property,a any paA tharaof,In iLs own name or in the name ' �-
<br /> of Trustee,and do airy ecb whlc�il dsems neoessa�►or destrabte to proserve tho vNus�rr4�Acefabilf►Y o►re n t a b f f l N o f t h e P r c P e�t Y,a p a A , r`
<br /> o}the PropaAy a i�t in the Pro�erty;incraese tAe lncomB trom�a RaP=R',r o'7ro..._..hs�acudty of th2 P►�q,+nAy;eM�wtth or�ithout ., .
<br /> tatcing possassion ot the Property,sue fa a atherwLse coBec�tAe rents,issu�and praf.ts of ihs Propertyr,Inctuding thaso psst dus flnd =_
<br /> unpafd,and apAN tt�e seme.tass cosb and eo�enses Of operatlon and co�eCllon.�ndudlnp ettarneys'(ees,to any indebfsdnsss seetaod
<br /> by lhis Deed of Tn�st,a(I in such ader B9 Lender may 6atsrtnlna. 7na erttortdg t�a�and hilcir�g pvssezr.glo�+00 Ltia i-7t,�arf,��'.cm
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