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10210 EVERGREEN WAY 2018-01-01 MF Import
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10210 EVERGREEN WAY 2018-01-01 MF Import
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Last modified
10/31/2018 3:36:14 PM
Creation date
2/10/2017 8:12:09 AM
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Address Document
Street Name
EVERGREEN WAY
Street Number
10210
Imported From Microfiche
Yes
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i � . <br /> a corporation, (ii)the ownership or control of any genetal pattnership interest in Borrower if <br /> Borrower is a Partnership,{iii)the ownership or control of any beneficial interests in <br /> Bonower if Boaower is not otherwise a natura!person or persons,and (iv)the ownership or <br /> conVol of any stock,any general partnership interest,or any other beneficial interest in any <br /> corporation,partnership or other entiiy that has an ownership interest in Borrower. My <br /> such action without Lender's prior written consent shall be deemed to increase the risk of <br /> Lender, and shal!constitute an Event of Default. Lender may, in its sole discretion,consent <br /> to any such action subject to such terms and conditions as Lender may require, including <br /> without limitation payment of a fee based on the principa]balance of the Note,increase in <br /> the interest rate, increase in the amount ofrequired installments, and change in maturity <br /> date. � <br /> ART[CLE V <br /> t�ORM C"Ob"*"�RCLAL ('OD ['ifRl'1'V A r,�� <br /> V.1 , nt to . nder. This Decd ofTrust constitutes a securiry ageement <br /> pursvant to the Uniform Commercia!Code with respect to: <br /> (a) Any of the Property which, under app;icable law, is not real property <br /> or effectively made part of the real property by the provisions of this Deed of Trust; and <br /> (b) Any and all other property now or hereafter described on any Uniform <br /> Commercial Code Financing Statement naming Borrower as Debtor and Lender as Secured <br /> Party and affecting property in any way connected with the use and enjoyment of the <br /> Property(any and all such other praparty constituting"Property" for putposes of this Deed <br /> of Trust); <br /> and Boaower hereby granls Lender a security intetest in all property described in clauses(a) � <br /> and(b) above as security for the Secured Obligations. Bo�rower and Lender agree, <br /> however, that neither the foregoing grant of a security interest nor the filing of any financing <br /> statemer•t shall be conskved as limiting the parties'stated intention that everything used in <br /> connation�vith the production of income from the Property, or adaptcd for use therein,or <br /> which is described or reflected in this Deed of Trust, is and at all times shall be regarded as <br /> pan of the Realty. Lender may file copies or reproductions of this instrument as a financing <br /> statement. <br /> V.2 L.ender'c R;ehtc „d R m �+i �, With respect to the property subject to the + <br /> foregoing security interest, Lender shall have al1 of the rights and remedies(i)of a secured <br /> pazty under the Uniform Commercial Code,(ii)provided herein, including without � <br /> limitation the right to cause such Property to be�old by Trustee under the power of sale <br /> granted by this Deed of Ttust,and (iii)providcd by law. In exercising its temedies,Lender <br /> may proceed against the items of real property and any items ofpersonal property sepazately { <br /> or together and in any order whatsoever,without in any way at�'ecting the av�ilability of <br /> Lender's remedies. Upon demand by Lender following an Event of Default hereunder, ' <br /> 14 <br /> 98060I0984 <br />
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