HomeMy WebLinkAbout0209 p0 NOT R~CORp
TNt FOLLOWINO Is A COrV OR TNt MlOVIf10N~ OI 1'ART A ANO TMt MIOVIf10N! Or rA1~T • WMICN
ARt INCO~lrORAT[O ~Y R[FLR[NCt IN TMt Ot[O O' TRUiT A~[AllINO ON TN[ RtVtlltt •IDt N[RLOF.
n. To pronct t?t Mcvtiqr d~!i D~ed of ?wt, Ttwot yc~:
1. To keep uid propvb i~ ~ood ao~ditio~ a~d ~eNj*' ~ot W raw~e ar deaolL? aa ba' t?enae• b ao~olea or eeWore 0~'~iW aad i `ood ud
+orkmanlike maeac~ a~ auldiy rWe\ ~a~ bs oomtn?cted. das!ied or de~tro7~A tYercw ~to ~ea dae il! e4im~ lar hbor Derkrwed aad materiab (orai~hed
ihrre(or t w aua~pl~ wi~ all h~s ateeti~ wid pooertl a nVd~ ~f dteratioa~ ar i~speo~em~b to ?e aade t?ereoa • aot to coauait or permit ~aate thereol: sot
r-~ cwam~t. ~uUa or persit ~e~ aet wid R~0~7 i~ rioi~ ol i~w: w eaki~ats. u*irte. fert~7iu. tmai~ate. in~se ud do sU ot?er ~cN ~~ieL (raa t~e cDarata
.,r use ot wd poVcA~ o~t Ae rwo~~bl~ e~asv7. t!e ~aweratioir ?eree aot eulYd!oi tYt se~eral.
2. To pro~ide. surui~ ud deY~er b Be~e6eius Gre, i~r~noc otislaeto to aad ~~tS iw~ wuslk to Bese6ci~rf. 'ltie aeo~at ~o8eeted usder aes fire or
u
~tfier iasuraaee polit~r mar be ~pp4ed S~ Beetislirf opoa u~ udeetedees~ ~ceord ;+sd i~ wcL order s~ Bsaefeiu; mal detcrmi~e. or at optioe ot Beneficiar~
che eatin amwuat w oolketed or m~ prt thaeot w~7 bc rdeued eo Trus~or. Sac? ~opli~aqo~ ar relea~e s\sU aot crre or ~ane ae~ deta~lt or solice o( de(auh Acrfunder
~r in~illdite ~Dy i!t d00! ~tOfOt t0 N1C~ DOflOt.
.1. To appeu s and de(eed asJ ~etio~ or Ptoatdie~ VurVo~ta~{ b a~ect t4 ~xurit~ Lertot or t4 ri~lb or po~en oI Beae~~ a Troqee: aad b pa7 atl ~ a
~.sa and e: asea, ieeh~diu~ cou d e~desec d titk and sttoner'~ tees ~ ~ nasooaek wm. ia aa~ wer actiau or Proeecdia~ ie ~6ieL Beae6eiar~ os ?rnstee a~as sppeu.
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To pa7: at kyt tea da~s bctxe deliW~at7 !~I t~a aed asses~meal~ a~ said propert7. 6~cludia~ a~ewscau os apporteaast ~ater sMek :~les dne,
~i~ encumb~asccti ~1aqn and 1iw. witL wtaeN. oe wd prooert~ or as~ put tkred.~ sppeu to be Vrior a wP~+~ hereto: ail owu. tees aad e:penus d this f
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S. To par immediaeel~ sed .i~ho~i des.ad d.m~ e:ocaded D~ Beas6ei.v a Truuee por.o.si a che pw.:sioe. bereot. ~itL i~terat &om date ot e:penditnre Q
.c se~en per cent yaY auom. u._~~ y~~ ~:.L.....
6. Sbuuid Tmsta iaii to ~aict a+ss pajmsai w iu Su aos aci a~ iicic~a y~a~'w't,~. t:.~a Be~u~~r7 ar Trruttt. Lst sitE~t - -
n~,cice b ot de~oand upoa Troslo~ asd ~ritAoat rekasiuR T~ustor (rom uf ~K~~.SK~• ~7: a d~ ~ t° wc6 e:teat a~ eit4cr ma7 C1 :J
u
f<cm neceasar~ w protect t6e savrits dcrco(. Bewe6nar7 or Truatec Eei~ ant6or~sed to enter upo~ aaid pwpertf for soeh purpwes: ippear ie aod detend ae~ actiao
~ r pnryorun~ a aQeet tbe sec~uri4 bacd or tie ri~hb ar po~en d Be~e6eiar7 or Trwtee • o~f. PtlK~ate. ooatest or oaopramne aaf ineumbrauee. c6ar~e 41
,~:r Ica~.h~ m' t6e ~ud~meet o( eitber appean w be prior ar w~yerior lerew: aad. m~ereuios +~7 ~ Do~en. or m eatotei~ tbr Deea d Trost b~ judicial torr Q :
~:oeure. Ws n~7 ~=V~wes. emPb7 ooowel sod p?71is rea~oa~bk tea. '~j
H. 1~ is mucuall~ s~sed ~hu: Z~ `l
1. Aar a~rard ot dam~td is oo~stctio~ ~riJ u1 ooadeaeatioa [or oublie ase d or iaS~ 0~~7 w aa7 part t?ereot i~ hereb~ aw~sad and a~ap be (r Z} ,
;~id ~o Bcac6ciar~ ~b ma~ app17 or cekaae wcl moeq~ reoei~ed D~ Aim i~ the ~as~e atnaer aed ~it~ t6e tame cQeet n abo~e porided for dispoatioe o( prooced~ d~~ i~ :
nre or olber inwranee.
2. 87 acccW~K W7~st of aa7 wa ~eeared ~eres7 dter ib doe date. Bexicia?7 doea oot wai~e 6ia ri~ht athu bo reQaire D~~P~ W1u~ent ~be~ da of a0 n
~K
~~thcr wms ~o tecured or W dtelue dc[aolt for talare p W pa7. ~ V Z ;
3. At ae~ time'or (roe tis~e w time. ~it6out Wb~'Yt~ t6erefor aed ~it6ont ootiee. apon ~ritten rcVne~t ot Beneiciu7 ~ P~~tatioa oi t6is Deed oi Trnst ~
.,.,d said note tor endoraemeat. auA withoui aQeetiot tDt penoa~l kabait~ ot aa~ petson tor pa7~t d the iadedtedncu ~ved Ae*eb7. Trostee ma~ : retw~ey all or an~ w V
'n
~„rt of ~aidpcoVerty : eanseat W tre makiaL of aa~ m~p or ylat tbereof : loie is ~*aat~K aa~ eascmeat t~ereoa: or lois ~n a~~ e:teeaioa a~reement or an7 a~reea?ent m~
~,r~finatios t6t licn or e6arse berto(. _J :
Upou ~ri t t
e a r c
~ a e
s t o( B e a e6eiu 7 sh t~ t6at a9 wau ~ecwed herebr ~a~e bces paid. aad apoa sorres~er d tbis Dted o[ Trost aed ~aid mte w Trss-
(or cancelFation and retcntioo aed upoa pa7meat d ib (eea. Trustee sAallireeoa~el. ~itbout ~arraetT the popert~ tbes heW 6erewde*. Tbe rceitab ia an~ reoon• ' a
.~yaace e:eavted under t6is Deed ot Trnst d m~ matten ar facb s1aU De eoecLui~e v~~ ot t6e tra~htoL~cu t6ereot.'Itie ~rantee in sucA re~wn~e7aeee ma7 De desen'6ed 1~ ~ d'
'the person or Pcrwnf Ic~all~ tatilkd t6erela~ Q
S. As add~tioaal sccvar~t~ 7'ro~tor bereb7 [~ns w aad aoaters opoa Heeei~r~ tDe ris6t, Vuwer aed anth«it7. durins tbe oostiooseee ot. t6ae 7'rasb. to Z IL
c~,llect the rmts. issnes and po6t~ o( said V~oV~*~7.~p~te~ mto Tw~ the *i~bt, Ora~ to an~ detaak er Trnstor ia pa~meet d an~ indebtednas sceured berc47 - 0
~,r ~n performanee oI an~ a~ree~ent 6eteuade. to coUeet aad retain wc6 nets. i~uca aadp~ o6b aa thq bceome due aed pa7abk. Upoa aa7 sneh dclanh. ScaeGeiar7
~:~~r at an1 time ~it6out oetice. citDer is per~uo. M ~i~~. or b~ a receiea to se appoiuted p7 a coar4 and ~itbout re~ard W the adcQwe7 ot aa~ secarih !or tbe
~a,ie6tednea hcreb7 sccured. mur opoa aad take posseasioa d s~id p~opertr or an~ part tLereot. in Ais o~e name ~oe for or otherwise eoUeet sneb reats, iasae~ asd tt~
,~ofics. includiaj those past dne aa1 uap~ and~yp~~ t6e same. kss oosb aod nVensei of operation and oolleet~°°; inclod~ reasoeabk attorne7's teea. opoa au7 Q f-
:~~.icbtedneas sccured hct~b7. aad in sneb aider at ~entbuaty m~ dttetmiet. Ttse e~te ' ayw and tatcia ~aastas+~m a( sa~ D~i+~7. t~e tYr:~ctiaa ai 3aca' rtat+,
~.saes and pro6u and tbe spplication t6ereot a~ afaesaid. ahaD mt eare or ~ai~e an~ de(~ a~ notice ot de~iuh bcreuader or mralidate an~ ut done parsnant to soeh•' Z Z
m,t~ct.
6. Upon detanh b~ Trnstor in pa7mtat of aa1 mdebtedness seeared bereb or in periwmance ot as~ a~reemcnt hereonder. aq sums ~ecvred Aereb~ sha0
~~.,med"utelr become dne and pa7abk at t6e optioa d the Besebeiarl. Is t6e e~e=t ~detault, Bencfieiaq ~al emplo~ counael to enforee pasmept ot t6e obli~atioaa ~ 0
.c~ ured 6erebr. and shall execute or nase t1e Tn~atee to e:teate a~ittm sotiee o( taeA dc(antt aad ot bn ekctioa to atue w bt aold t6e 6erae d~scribed propertl Z
, satu(~ t6e oblisatiom hcrtof. and sbatl awe wc6 aotioe oo be reeorded io tfe olfGoe of t6e Reeorder of esch oount~ ~6erein aaid real propertl or some Dut thercot ~
sduated. '
Prior to publication o( t~e eotiee o( ~ak Beee6ciar~ s~q deY~er w'irnstee tlis Deed ot Trwt aed ~e Note or other e~idenee ot indebtedness ~6ieh is accared
~,rrcb~, to~ethcr ~it6 a~rittea repoest fw tht ~Trostee Wy~ wit6 a sak o1 t\e poperl~ desrn'b~d 6ereia, pursuant to the pro~isioas o( law aad thia iked o( Trust_
;Iotice o( s¦k ba.i,~ becn ii.en as then reqnired 6~ h~, ud aot Iw than t6e time tLeo reVuired b~ bw 6a~ie~ elapxd after reoordati~ of soc6 ootice d O
I~fautt, Trustee. ~it6out dcmand oa 'frnstor. sba0 sell said popert7 at tAt time aed place 6=ed e~ It in said nMiee ot aak. eitber n a wbok or m~epante pancb and
r wch «der aa it mar deterauoe, at pnblie aoctioa to tbe lut~eit Aidde* tar nsb in la~tel moner oi the United Sutd, pa~abk at time ot nk. ?rwtee maT DQS~Do*K
~3If ot all w aa~ portioo of aid popert7 b1 Pab4e ann~nnee~eat at- sacl time and plaee d nk. and from time to time therea[ter ma7 postpooe sneh sak b~ pnblic ~
~.,n•,uncemcnt at tl~e time and piaee 6:ed b1 ~y~ i~ post0oo~meaG Trnstee ~Il deti~er to ibep~h~~r ~b deed oou~elin[ tLe propert~ w soW. bat ~~t6wt
.nr co~enant or ~arrant~, e:pess or uoy4ed. T6e reeitab ia sseb deed of aa~ wtten or tacts shaf! be eoeelusi~e pmo( o( We trnWfolneu tbercoi. An~ perwn, y
:ncludi~ Trustor, Trnatee, or Bme6ciar~, ma~ pareba~e at w~eh ~ale. W
Aftcr deductio~ all costs, fees and e:pea~es ot Tewtee aod d tbis Trnst. iahdin= cort o( e~ideeee ot titk and reasonabk coumel fees in wmMion with sale,
Trn«ee ahap app1~ t6e proeecda ot sak to yalauat of: aU sums e:pesded uader tbe tcrms henoi. oot then repaid. ~ith aarued interest st ae~en per cent per aannm: n
ail othcr sums t6en secured 6ereb7' and tLe remainder. it aa7. W t!eper wa or penaa~ 1Ka117 entitled tbereto. -
7. 7'6ia Ueed o( Trrst avPiies to, ioores to tht bene6t o( and biods a9 D~KS 6ereta the~r heirs, 1~ tee~, de~isees, administntors, ezecutors, succeawrs and ~
;~~~Ra~ The ~crm Beae6ciar~ shau mean t6e boldet aed o~ner o( tLe note ~eewed L~reb1: or. iE t6e aMe has 6e~n pled=cd. the pkdsce thercoL In thu Dced o( Trnat, -
~ F.rnever the conte:t so reouires, the masculine ttader inehdes tht femm~ne and/or neuter, and the sin~ular aumbtr .ncludn the plural. ~
S. TNft!! 17 OOt OLli[ated to notit7 ~f P~7 ~ V~~tl1L ~°°dtr ~O7 Deed o( ?rust ar o[ an~ aaion o: proeeedins in ~hieh Trustor, Bene6ciar7 s~r
~n
r Trwtee sLaU De a put~ nn~ess Dro~6t b~ T~nstee.
' 9. Bcneficiary ma7 (rom time W lime or at an~ time anbstitnte s Trnstee or Tnutees to ezeeute tbe trast hereb~ erntcd, and ~hen an7 su~h sabstitution bas ~
~ ;•cen 61ed for retrnd io the olfice d t6e Rceader of tbe eomt7 is ~6it6 t6e yropert7 6erein desenbed is sitwted, it shaU be eooclusive e~idenee of t6e appointment ol
•uch "trustee or Trnstees, and aach ~w Trnstee or Trnsteea shall ~oeeeed b all ot t6e po~en aad dutics ot the Trustee or Truseces aamed hcrein ~
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~ ~ RE UEST FOR RECONVEYANCE
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; THF. PROMISSORY NOTE OR NOTES, AND ANY EVIDENCES OF Ft1RTHER ANDIOR ~
ADDITIONAL ADVANCES MUST BE PRESENTED R'ITH THIS RF.QUEST. ~
Calitornia A
j . (date) ~
To THE TRUSTEE NAMED ON THE REVERSE HEREOF: c'
_ ~ You are hereby authorized and requested to e:ecute a recom•eyance hereunder and deliver same to
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The undersigned own all the obligations secured by said Deed oi Trust_
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i E3eneficiary Beneficiary
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'~p;~ ~ Beneficiary Beneficiary
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