<br />1219.....23/1994
<br />
<br />15'45
<br />
<br />RWBW 45F
<br />
<br />206 3B9 1642
<br />
<br />P.05
<br />
<br />.....I
<br />
<br />--,'
<br />
<br />IR, ^ccc!~rilti,ln: li1l\l~h'l\o1l11:: ()Iho:r ~\ll<.'\li.:", b,n'llt n~ JlR.....ldcd in pUT;ll:\ral'h 24 CTrlln:o'rcr "f Ih~ rrurer1y~ AstllmJltlon>.
<br />of1'\(1 IJnm""'....r\I'I\.(I,.h I,f :IIIY "I"'\:nllnlllr ul!re,'ll1,'111 nf 01'1 Hl\l,..:r in thi~ O.:.:d nrTru!>I, IIr \Ipon :my ckfl1ull in a flrinr lien upon Itte
<br />I'mpcny, (unli.:!>!> lhlm~T h:l~ ":l..:n:i~'\J 1\1'I'fU"l.'r\ ri)!hb u\1Il...1' p;,f:lfraf'h (\ ;.bnvc). 1I11.~nda s ('plillr\. nil uf Ihe ~Ufll~ sccured by this
<br />[ked t,fTrul>t ~hall ~ illlRlcl.lialt:ly du..: and paY:lblt: I AlI..~l.:ralion). 111 cl':rd~e this (I(llinn, tentl.:r mar in"'uke lhe rll\llerar sale and any
<br />olhc' remo.."dlcs pl:mlillcd hy I<lw, l.t:nJ~r ~hull bt:~lIlitll:llto cIII!cClllII n.';IM'I1:1tt1.: C(l!>!,. :l1Ill...",ro:l'i!>c" Incurred In punuina the n:I1\tdle,
<br />provil.lcrJ in Ihi" I.>ct:d (,n'Nst. inchltlin~. hUlll.tIllimilC'tlltl, ~a~\ln:.lhf.: aUtlrnc}", r..-es.
<br />If Lender inYl.ll:c:~ Ihc pll'Wl.'r or :-.IIt:. Lender ~hall fh~ Ilriucn nllli,:cl.1 TN>lc,: tlf ~\Ich de~'IKm. "ru~!l:( !ih;dI8i~ such no(ice 10 1'[
<br />Bum,,",'Cr ('If lltlflt'l\l>-.::fs rill-nls as i:- j.lfl,\,itkd tl)' I......,. 'fruMe.: !>hall n'\"\utl il \"'(1)" of !iUdl MIke ", required by law. "rur.let: shollldvertise
<br />Ih~ lime und rlllce nrthc sale (,ftlIC l'<<lfICrlY, rur rmt les!> IMll rllllr "'cd;s in;1 n~'W:'r~ro:r (I( ~cn.:rlll circullltiun in c4ch count)' in wllith the I
<br />\'nl('t.'rLY is silu:l1cd. ;,nd shall n'mil tll[l~S ut' !<u..h llllli\'c 1'( sillc It, n()mlw~t :llId tllhcr ~f1o"Il' as prescribed br 1:1"", A!'1cr the lapse of ;!
<br />.'lJ(h lime:l~ fn;J}' ~ rcquill-d }l.v1aw, 'f'ruslC... .....ilhoUI \klllill'l\l ""lh,rt\,"~r. ,,1\.111 ,....lllhc 1'f!'I1o:f1Y al puhlie ;tOellllft 10 lh~ hiJ;hcs1 bidder i:
<br />lilr ~':I.,h;at tJ~ lime mil,} ('lac...' I "'hkh Ill:';" \>t; I'll Ihe 1'a~II'l\'rly l,r MV rlllrt Ih\'n:lIf.1\ f\t.!rmillCtll:ty 1~1\1"1 in f1ft:C ur nlllt\' pan:elas 1ht!<lec milY I
<br />Ihin~ hcsl and in Mh:h tlnlcr"s Tnl~':e ma)'d':lcrmin.:. l.en~I~'r llr t.ender'!idc~i~rl\'e m:I)' (lUN:I1:\:-,,'llIe l'ruflCny utany sule, II shall nOI bt I
<br />ut>li~:lltUY up..'l1lhc purcha.\Ocr:&1 ..n). ,.:uch sak tn )in' II' Ihc :Irrlil...lil,n C'lf Ih~' pun:h:t,t" llIuno:y. . I
<br />-r,u"lcc "h:lllllPI\ly Ih... fll\ll'C\.,Jstlfllh.'!>:lk iUlln' li,llll\.\ill~I'r,kr: 1:111<1\111 1\::ll'l~;ltol" "I''''':lI"lcll.I~n~\'''llftllt: "1I1~,lllcllldin~.l:tlll I
<br />nllllimilt:d 10, f'I:',ll't'nal:llc Tru~lcc's an,t :Jllllrno:(!\ fct:!> ill'" t:ll..t, ullil!t:c,.i\!.:<<ce: (1.111\1 :111 !>""" !><:~'urcJ tl)'II\i~ Ol:i:1.l urrru~l: end (dthc:
<br />Clll:t:loS. if any. tn tllc p.::rsun ur reT'!\tm~ Ic~:lIly cntillt:d therelll,
<br />I'~. HII",lWt:r'~ Ril!ht t\) CuI\: o..:filUlt, Who:n.."\w I..'rc\'l\,-un: i!> '.tllllm..:n,,:~'1J f'lT IlUll)':lyn\l:nIUr an)' ~un\!'. due hmunder. the ,I
<br />Ilwn.;u lIr Ihe Pmrcrl)' m partic!lliablo:- I\.::rclln lohlll1 t>.". \'otitl,.J III (111\: loaid d.::r:lUll~ ~y p:lyiug all ~elinquenl principal and Interest I:
<br />JlU"n~nhdue u, ot"lh\' Jure III cure, CII:-I:-, \'~pc:n~~, h.ll.:\'hllr~.:!>, mltlrn\'y\ rcc~ IInd t\lh~r t'e.::- ,Ill in Ihe mllnner provided by law, Upon II"
<br />...u;"h p3)'IllC'nl, thi" 1>CI'tll'f l ru,1 :lnJ lhc I\t-ohJ!:tli('n~ !>f.....ur~.J ho.;r..:h)' !ohull remain in full fnll'C amI dTeet alO though no Acc:elel1uion had
<br />\"Cc\lm:d. and Iho: lill'~dosurc prl'll.-..:edill1:!.' "hall hc di'tCnlllinu...,I,
<br />
<br />
<br />I
<br />
<br />I
<br />
<br />;'ll). AM,iJ!nm'"1 of RCIIlS: ,/\rJll.lillUll..'lIl.t( 1h'...dwT: 1,':II.l.:r illl"",,'s~in". fl.... :t,ldilh\Il:.t1 M.'curhy hcrcundt.'f. Durrowcrhl:rchy
<br />OIHifn\>o In tenJcr th~ rents uf lh~' ~"rctl)': 1111"\'\\'1, Ulln'll\\'t:f \>011:\11. rrillr tll t'l'\:ckralinll untl...r rilUlll:aph 18 (Acccll:r.t1M:
<br />n,'n:d"~Un:~ Other It.:mct.li~:-IIII ahanJ\'nm~'lIt IIl'lhe 1'llllltrlY, 11;1\'0: th~' ri~hlln etlllc~'1 anJ r~'Hljn ~uch rent' M~ lhe)' become due and
<br />pU)':.tble.
<br />LCl'Ilkr (If lhe hl,IJ.::r uflhe Trll~I':~'!> I:crtilkalt.: uf I'urchas.: :-h~1l h.: clI1ilkd 1\1 II rerci\'cr flH the l>n'l'CrIY af'ler Acccleratlonllndc:r
<br />[1:lfacfilph. III (I\,,'c.:h:r:tlilln: fi'r...,'ltI!oun': Other RClllCdi.',I, 111'1\1 :-h.lll :Ils.. hc !>II cl'Illlklllluring Ihe: ,Imt: c:nyercd by foredo,ure
<br />rrl"'~"\:Jillg,. llnd Ih.: p.:rilld Ill" t\;tkmpli,'n, if :my: ami !>hall ht; l~nl;llcJ th"n't,1 :l:- :a mallcr tlr ri~h\ ~:ilh()ut re~ltnJ 10 the !iol~nc:y or
<br />JlJ~I'h\:IJ~',. tlf 1I11/T1J\1oCt nl Il( Ill,' 11I,'n Il" II.:r I'l' Ih.. 1"'J...:n)', and .....ilhuut r..:~anJ 1\1 th.: \~IIu.: Ih~'rCl,r, SUc:h n:~iw:r may be nppolntc:d by
<br />any CUU" \II' ct\mp:l..:m Juri,;di\'lkH'l Uptlt1':1I l'l.ltnc lIrrlicatillll and ..:i\hl\U1 nl'lit',' - nOli,..: hclnp hereby CJ.prcnfy Wllivec:f,
<br />Up"n An'ckr.llil'n untlcr pllrllgr:lrh IN l.\l........krlllilln: "lI.......ltI~un.: ellln:r RCl1ledi,:slt'r ah;111donmenl or the Property. Lender. in
<br />I'=rwn, h~' ll~cnt HI" h~' judicially'''rJ'l,hut.'d r...,'dwr. ~ll:lll hc I.'nl;ll~'\II(),'nll:r uplln, tuk... rl'S!<Ic:-:,illnt1r brut "'ana~c lhe Property ami 10
<br />","Il,.\.tlhe Nub 1'1 th... I''''fl~'ny indl.l\lillt: lhtl).o; 1':1..t \ll.l~'. 1\111\'111._ ...,llko.:l..:ll hy l.\'ntl...r nr \I". n..~.d":T 1i.hul1 ht: lIpplied. Unol. (I) ptymenl
<br />uflne ':Ibb or (lTC!oCT\'alilln<tl1J IIl,ma~em..:nt 11t'lh~' PI\'IlCI't)". ~e':l'l\d. III raymcnI~ du,' "!'till Ilrilll' lkn", a"d Ihen 10 the ~um" ,eclned by
<br />Ihi~ Ikl."f.l nrl'1U~1. und...r :Ind dlt.. rt.:"1:i\'Ct shtlll t'tc tiabl..: III il~'C(\llnt tlnl)" flit Ihltsc r.:ms aCluall)' received,
<br />
<br />:!I. R.:k:l~", l 'I".n r~~'IIIClU I.f :111 ~lllll.' -.c,'urcIll:>y .hi, Ik\'II..fTnI-.l,I,,'lItkr "l1l111 (';lll:-e Truste>: Itl rclcu.\C Ihi!> lked olTru!\l ;,and
<br />,11;111 prndll~'C lill" TT1J~I...\'lhc NIl,IC, BI1M"\Cr ,It.lll p:iY:111 ~IIS!~ (If r~'CordaliUl~ an~\ :-hull r:1~'lhc :-I:U,l1lury "nlslcC'S rce~, Ii Lender shll.lI
<br />nt'l !'"'IJ1I1.:...lIw NIII.: :I!> llflll\:1t:lId. th....n l,t,'lukr, .lplln 1\1111(1' 11\ :..,:...t'l\t.,Il\'~' ""Ilh 1'''t:I~r.Ir.h 1(, tNIIII~'CI fnlm BorftlWC'r (u Lender. !ih;lfl
<br />uNain. all.clldcr'~ ..\\')t:'IIM:, anJ lik :\RY "~t in~lnrll1~'nl ~"'I\II\'IIUi~\1 h) Trusl\''t: ur I\:I~ 11C \"I~llh~rel\fltl dfecl the Nle:.ll:e orthls [ked
<br />ufTTU!l.I,
<br />22. Waivcrllf Excmptl(ln:o. l\"t1I',,\"rhcT\'by wah'l::' all ri(:htllfhl1llleslcad anJ un)' IIlh..:( c:t.:mpllon In the l'n:I(lCn)' under ~Il!.le or
<br />k:lkral hi.... presently o.i,.t1n, Ilr hl;r.:drl~r >.;na,:cl:o,
<br />
<br />x~~~~~~~t."~1W'~~~~
<br />,_.""""",...~IllI<ltloI<:i..."...:l>I..x~v<....\!lt",,~xmllZlnt\l!l!Jl' ' of2be
<br />~J~""CIU"2lI<1"'1lIl'_\lOI'ky""""_,,,,""llXoll<"".- ..",,~.......
<br />""odl,""I1>di!I~~""'l'Z><!~m"Ii'l!~0liS~~.Sl2'llI!ll't"~~~~
<br />____lmIt>1",..".,,""""Dlll'llK......bi>ik...;al<'"'.~ .
<br />S_l1l:01<Xak~.,""~",""",,......,.,.:Ill!I,,:i><olttiol1",,*' .~
<br />U~~izM~8Xilk12XiI~Z>liEJdX~dmt~ICIZfX'7~BA: ~.~ ~
<br />~~~1!:~~tR!l!lm~t!!.~...~~Il1l~elI1_
<br />txt&;;~ "'~8'l~IR . ~311~.
<br />:li><~_"""'IO"'~ ...Ibt""sk ...' ilR;d"""<mi~Il'l"'''''
<br />I' ~ lIIllKUEA__II.mloIlol~.llzlGl"~"I!XIlll2"'.....""'ll><1I"..._......---'
<br />I,.; ==~ t ~~~l!mJIl!li!l!ll~~L..l:tJIRIf
<br />"ax~=~. .... ,.Mi~._~~~~
<br />!i ~~I>><_ ~==~~~~~~~"""A_....lllIIliat.
<br />
<br />.,
<br />"
<br />
<br />:~, TI"<In!>I;:r I,f th.: Pnlrc~'; Alo'UllIf.lit1n, 111C (tllltl\\'inp: ~...'ClIlS ~h:111 bc rcli:l'r"l:cl III m:Nln \UI 11 "Tran,fcr"; (i) (I (nnsfer or
<br />t:11I\V\,'yan...t: uf lill..: lllr un)' ptlt1iun th,'r...of, ~'~:d Ilr":lluil:llolc' Ilf Ih,'I'nII~Il)' 1\lr :Ift\' ra11lh\!rctlt' l'r inICTtsllh.:rcinl, (HI the exceulion of
<br />;I cI'n.lracl,~,!lI(;rt:\!lll\'nl cn'll.Iini!:I ~~111111 tilk Illr :I'~Y r'~l1i"n Ih...r.:,'r. k~:11 t\TO:lIU1t:lhh.'1 in Il.'t: .I'r,'pcrty 1m any pllf1lherenr or InlclC5f
<br />Ihel\:lnl. (1I11m un a~n'('tll.:nt !!ranllRi!:t pll\loC!>l:tl()' (1)!hlltl Ihe 1'I\')1o:n\'IIII' ;IlIY (lnMltln Ihcl'l:.,1 J, In CX"'cs~ (lfllm~e I)l )'COrl. (Iv). Solie 0'
<br />Ir...nsf..:r .Ill, ~u Ihe (lIe~'uli"n of a L'lllllrUl'l ur :I~f\"t.'m...nl t:r~'m;n~ ~ rh:hll\1 acquire l'r rel'.:j\'C, more lhan !ifl)' pc:rc:cnl (ml or lbe
<br />t:~m!roll~nF lnl.:n:!>l tlr 11\1'1\' linin lin)' r.:rC"lItl~J'A ltll" Ihc l.....l\dil'i:tl illlncM in Ih.: IItlrrll\l,'cr. 1".llhe rcnrJlanilJulon. liquidllllon or
<br />d.lSM1Iu!!tln llf Ih~ ~'Im.:"".:', Nnll\, 1'>0.' l1ldu\k,l a) i'l'l'r:m:-l~r ;In: lillh,' ...r"':tllnllt,r a lkn \,r ':lIct!mbruncc liuburdinalt: to Ihlll Deed or
<br />1 ~SI.I\l1 th~ ('~nlll)n ." a run.-h:l~O: n1O>I\\'>' ~'::"U';l)' iIItO:f~~t t"T hOllwhul.d al"rll:ln~'c!>-. m liii, a 1r.III"rl:r t>y devi!le, desccnl orbyopcraliOll
<br />Illlhe 101\10' 1I",ln lhe lkllth u{:l jnlnll~nanl. AIIRC \'I'.....lkln or 1"'l1llcr, 11\ Ih.: ':\'Cllltlf t:Olch :Ind C\ocry Tf'Ilnsrcr:
<br />(al All sunll\ ~"'curcd tty !hiji Dt:..-J "r "T\l~1 !lhall t>l'l;Il"ll" Immedialely due :tnd P:I)':Ib1c IAc.:clt:ral;onl.
<br />lb\ If II Troln"rer t'h:CUr.; and s.ht,uld ~nd~r fll'II:\C:rd\e Lendcr's IIr1iuI\ (ll.lr~uant ICllhi!> l'aTa1!r:aph ~410 Accelerate. Transl'ercc shAll
<br />be~ecfhcd It,)hll~ a~sumcd :111 (lIthe lIbh'lIuun!ltlf Ulltlt'l...W umler Ihl~ D.:.:o IlfTru~1 ill...l\luing all S\lmli liCcurtd hereby .....htlM1 elr 001
<br />Ihe InSf!"menc cYltkllcing "'ch <:un"~V"Jn~". cllnlrat:t tit pranl c.'(pn's!>ly 10\1 !,ruvitks, 'l"hi) (.ttn...enOll\llihall Nn wilh (he Prvpetly and
<br />remllln In (ull r(\n:~ IInd C'ffcct untIl ~~IJ !lUIll~ lire fIlIi,lln full, 'I'hc I,.cnd~r Illay whhllUl nolite tt'> the: OlJrrt.JWCrdelll "'Ith Transreree In Ihe
<br />sante ~annc.r p.t; With th~ BornlWer :-"Ith r~fertnce l(lsald r;um5 itlChllJin~ .Ih... !,aymenl tlt"crcdil tn Tran~(eree ofundisburstd TeKI""C fIIndl
<br />(In pll~ '"e:lllln full "r "ltld )'umll, \ltUht.lUlll1url)' .....:a> all~rUlJ! tI( Jillch:lrl1lRp.ll1e n""Uw".t\ liOlt>i1ity hereunder fot lhe obligations hereb)'
<br />K'~un."".
<br />. teJ Should Lcnll..., nlll c!t.'\:'1 tll ^t:n'!cr;lt.: urnn lhe IlC.:urn:n\'c ur ~u~'h Trallsler lh.:n, "'\lhic~'1 to lbl abl.we .ltIc nu:rc rael or a terse of
<br />!'"lC or lht: oCO:':(IIltn(~ III rllYIlk'n~ subs':llucnl tll in~;. 1'( !<Iudl c\'t:n'~. whelh...r \If npl 1.1~IIII('r had :letua) or constructive notice: 0 such
<br />rmn.~(c', "hull nl'llx Jcclncd a \\OI,I\'(r (Il Lendcr's ri):hll\ll1ltllc such c1ccliOllnl,r ,hnrl L~ndl:r!'to: clO1urI"Cd therefrom by v\nue Ittmer.
<br />The.lssu~nCt: {l~ hth~lf llf .I!U.' L...I\tI~r (II" a rntuine S~lI("'Itl<.'nl showing the StlIU~ of Ihe Itl:tn, whl:ther or not Lender hod. actual or
<br />canslruell\'( noll...e 01 such lrllnsro:r. sh:IU nut b: il .....al~'Cr lit C3Illlf1j1C1 ot' L.cnlkr"s !o:aid rij!hts.
<br />2:5, Hol'TOllr't(s CIIPY, lI11l'l'\]W('r ad.IUw.'kJg..:lt tl:e(i~ "rll ,'llt':-'Ilrlhc Nm.: llnd Ihis l>t:cd or1\ulit.
<br />
<br />"
<br />
<br />"
<br />'I
<br />
<br />;1
<br />
<br />I
<br />
<br />H.,"c~~oJI
<br />
<br />Conllnued on reveru' .Ide.
<br />
<br />I
<br />I
<br />
<br />I
<br />I
<br />I
<br />
<br />I
<br />I
<br />I
<br />i
<br />!i
<br />I
<br />I
<br />
<br />!
<br />
|