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<br /> . . .. 'L`�4�-,
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<br /> - - � - �� _ .., .� _..
<br /> � Includin ,withaut Ilmltatlon,tha Artnric�ns w�ih DI�.9tAillee Act.42 U.3.C.Sectlon 12101 et seq.(and�II •,
<br /> � —�.--... --
<br /> i lo) All appllcatslo lawo and repu�atlone, U „___., � ..,,�,a And al!riohts.IIC(if1E88, �
<br /> __.._.L.. �,.�.,n+....�nn an�i Fvilldinn IawB 011d re()ulallon!�elHtl�g to ihe P�opt+rty by vlrtuo Ot flny fedornl,etat:,or m�nlc pn I
<br /> l ro�ulmlonepromuiga�o������.,,..,_...,=- --- � - .. _..._-
<br /> authotily wlih�urin�hC�fon ovor Ihe Proporly,prosontly aro and shall bo observod and corrpuoawiai����Q,���..2..,�r"-� �.
<br /> rrt�nont,whlch nro materinl to tho usu und ctcupancy of tho Proporly, prosontly ero and ahnll bo obtainod,
<br /> � pormitd, and eanIllCAtou ol oaupancY(�n�ludlnp bu�not Ilmitod to zoning ve►iances,eped�l azca{�tlona tor noncordorming uaos,end Mul inspoction � � -- ---
<br /> � approvnlol,whothnr tompornry or Pa
<br /> , prosorvod and,whoro noceanary,renowod; ' `
<br /> (d) Omn I h ho�i ovla one o alny sicyit o hrogulaiion,ordintanco,rulo ol awB�'rect or o her agreemom Wh th 8may be b�nding ton(3rantor at any Uame:m ~ -
<br /> contlid w P�
<br /> Iatian,ardinance,rule of law,contract or olhor egroemont pncludis�en�t to thls�De d�ot � _
<br /> (e1 Na ncllon er procoedln�Is or shM bfs pending or ihreatoned whlch mlpht m3torlalfy oftoct tho Propony;and
<br /> (p prnntor hac not vlolatud and shnll not vlolote eny atatute,regu 1
<br /> those goveminfl Hat���ow Mnicrinle�whlch mipht rt►�torlNly ai1oc11ho Prop�rty or l.ondors rlghis or Intorost In the Proporty pu
<br /> Truat. n of the Property oxcoPi as set lorth� ° . � ,
<br /> ched to thfs poed of Tn�et.whlch arentor agraoa to pA and pertorm In a timelY manner. Ii thore are sny pder deedg ot irust then
<br /> 3, pR10R OEED9 OF YRUST. (3�8nta raprasente and wafrents that thore°',�under�such deeds'ol lrusl a d t e Indebtednass secured thoroby and tunher�
<br /> o n S c h e d i l e B a na ���unte ow e d,a n d P e�f o►m e l l o b l i g a l l o n s r o q u l red,
<br /> Qrarnor egreea tc PaY a �o��o�truat shell ba e default undar thls Doed ol Trust nn d s h a l l e n l l t l e L e n d o r t o a l l r i g h t a a n d r e m o dins a�ntelned .
<br /> � agroes ihat a delauh under eny p� ,:�
<br /> hereln or In the Ob��Bat�ons to which Lender would be eNltled In tha event oi eny othor defaull. J '„
<br /> "�c,:
<br /> son of nll or any pert of the resil propeAy de s a i b e d��Schedula A,or any interost therein,or of e1�nershyp,tru t�or ' :;_;—.,:.
<br /> 4. YRAN9FER8 OF S H 6 P R�pER�OR 6EN�FICIAL INTERESTS IN QRANTORB OR BOAROWERg. �n the ovont of a sala.ronvoyanco. oaee,
<br /> coMract tor daed or imndw to eny per lion,Ilmltod Uebllity compenY�pa�'t
<br /> iana us ecaued Intorest theroon Immadiately due and ,:�L�'�!�::=
<br /> Interast In Borrower or Orantor(il BoROwer or drantor Is nol a netural person or Persons but Is a oorpo►a
<br /> olher legal entity�,Lender may,et Its optlun dedere the outctand�ng phndpA►balance of tha Obtipa� d
<br /> • payable. At Lendere request,(3rentor or Borrower,as tha case mnY be.ehall fumish a comp�ete eiatement sening tonh e11 ot Its atocld�oldero,membere�or ;�.,�"��!'��"rs�-=
<br /> p�iners,ay opproprtale,end the extonl ot t��elr respocthre ownersh�P Intereate. � -��
<br /> a;�-`"
<br /> 6. ASBIGN�IENT OF RENT&• In cunstderatton of the OMigatlans�whlch of the Property'all D ch leasas end agreemenis whoth tsie�itten or orel rere , •4:; _
<br /> Grantars estate,tlg�t, tille. Interest,daim end dern�ndu�ow�°d����reafter acquired i�ell Qxisting��W'h the iemrredittt tend cont�nuing dght to
<br /> "� oxtensions,rcnsLlale nnd cubtaas°s�.all egeeme • __
<br /> ' i s rerenues,issuos,profits end other incoma oteny nature naw or f�ere�ftar duo(Induding an ��cArr�°f
<br /> heroarier roterrad to es the"Leasss),and all uaranilo3 ot lesssos'�tfom�tic�under the nses,togc3
<br /> ' collect and receive ell of the rents,Incan�.��p� • fl ge
<br /> any nature coming due dudn9 anY�ede►*�°n P��O�)under the Leases or hom or arlsing out d the Properry Induding minlmum roms,addli onel rents, —
<br /> rconta rents, parfcin9 or c°rTm°°a►ea maintenance�eo otn surence coverinp lo�oi ren�le esa��ng homeu tn en�t�I rytcauaeds by��I�the ---
<br /> d�efault in9sn;�Leuse,all Proce°ds�a1reb1e undor anY po�5+ �::i-
<br /> darriago to the Prop�rty,all}roceeds P2►Yable as a result of a lessee's exerdse of en optipn to Qurchase tho Prope y, P��d �
<br /> �il ot tho aGovo ere herearier eollectivelY rofoROd to as the'Rems'1.Th�s �'"m
<br /> terminatinn er rejectlon ot any Loaso in e bankruptcy or othor InsoNency prooeedin8,end ali rae�R�m�i„�11g�m�ent s rocorded n accordancs wl h (
<br /> ;��.,, may have�p�Inst any lessee under tha Leflses a any�n o thaf Lende��coHed and epply �
<br /> • asstgnmeMls subject lo ihe�IgM,pox'er and aulhority 9W nQ, ���,�1�hoato u n the recordng of 1Ms Deed ot TrusL ell es �:��
<br /> `����,'+�' applicabis state law;iha Ilen aeatad by thls�ssignment Is imended to he spocl PB �ys,,;;-� __
<br /> provided by applk�bie atate Iaw as er�'nRerdits from the Lensos when duae and to Iuse suediaProoeads n Gr�nt�t�s�bi^Ine a op�e lonsNHowoverrlen�der
<br /> Cirentor a revocablo Ilcense to collect Grarrtor or Lender a1 I�nder's Institutlon. �1 W��a�nand operete 1he �f;:
<br /> . l may at any time requlro Gramor to daposit all Rems fnto an acoount malntalned bYs�sston of 1he Properri and have,hold,rt►ana�4e. ������
<br /> # ot,or In the pertormar►ce ot,any of tof"��8ha�n�����o����r�y proc�ed to oollect end recetve all ReMs ham t1►�prop�+hY.��pents In =
<br /> ' _.�_ Proparty nn tsmu end tor a period � as Lender may daom propec Londer maY dPP�Y
<br /> �....H ,iM_ S oN'....s...�,.sg,.i,,..G,rnnovationa,roGalrs ar�i;�a�;axrr,orrts end any
<br />---- ,":�:':;I�'' —•� shall have iu�i pawni i:,��...w•c.��at tho�Q�Ilgatlons or to therPalrmem oi inv1a�sQ:.��� m and op rAtlon of the Property. �endar rmy nar tta -_
<br /> � �,,;.:.. � Len�er's sole dir,cretlon to payme qll and the managerne e �:�
<br /> e' y
<br /> •.. ,;r. ;, � expenses inci8ont to taking and reteinng possession of the Property perlocX Y of the ObIlgaUona. Those artwunts,togothar wlth
<br /> ;,, , . ,fi11 propeny proporry Insured and may dschar9�en1'1°�`eS,�Qf�g•d��'8ssessmerns and other liena which ma ecaue• The expanse artd cos1 of� ese -
<br /> . o he�r��Y ha1���e F��f t h e O b U g a u a is�c o a�i r a d b y�h i s p c��e d o f Trhust�added to tho qindpa► _
<br /> .._ .�:.:.F.',� _-.
<br /> ' 6. I,F.ASES AND OiHER A(iREE�lEt�1TS. C3rama sha�i not take or fatl to take any action whkh rnay eause or pem9t the tem�n3H°n a tho withhddng of
<br /> * ayr � alni totha Properly. In additian t3renta.without l.urxfera P�iorwrinen e
<br /> �." �Y PaY��In eonnectbn wflh tsny leaao or�urider�any Ag��1 e t�han on�e month In aduence:(bI rtwd��y enY A9►�T�itt�(c1 assig�a allow e
<br /> �, oonsent,ahell not:(a)ooileet eny mon�e�PaY to bo pleced upon Cirentors rt�ta.tiUe end Imereeat In and to eny Ag'eerr»m or tho emourrts Pa1� �.'�
<br /> pen�sxurity Interest or other encurbrance a}�y sum a other materlal brcach bY lhe a�ha�P�►Y t�eto. If Orentor
<br /> �� '� thereunder;or(d)temdnato a canoel anY A9reer►�nt oxcept fa the nonpaymet�t � rt�n to teminata or cancel any Agrewr�e��.
<br /> �' ra�eNas at eny time eny wrinsn cam�unkx''tion asseAing e defauR by(3rnntor under��n��s relapinp�thereto)to Lnnder. PUI auch Ages�►�rAS er+d
<br /> Cirentor ahall prortPtly farvvard a copy of sueh corm�un{cation land enY eubseque�t
<br /> the amounts due to Oremot ihereuMer ate hereby ass{gned to Lendar as addifonal�ewrhY t«Ihe Obl�9���s' +�
<br /> iew
<br /> �� !es)to pay��eny Indebtednasa or Igatlon awirp to C3remor wNh
<br /> * 7. COLlECl1�DN OF MIDEBTEDNESS FR08A��U s�insurar�iaeshall be eMitled to notity or ro4uln C3ranta to notiN any thlyd peRy pnclu&�9,�
<br /> obl
<br /> nol Ilmited to,lesseea,Iloensees.� �
<br /> � �espeet to tha PtopenY (cumulat IndeMedne bs u t�l the ghAe9 ef�ua„"'n��u In�iht�t�ewrtt thal Granta possosaoa or�r�ece(vei�Posa�saion ot
<br /> I�edness owing to Grenta fra�t��thkd P�o the Indobted�es�Id!owing tha g��9 oi such noUNca�tlon or if ths insuu�rotrts or other rsmltlanos�
<br /> . any fnstrurnents u other rertittences with respnCt ot fnw►ance or cor�dert�1� a��s'a�ta ahali hoW such Innruments end other
<br /> conatltule the prepa�t oi any l�dab�tedness or tho paymMt a�' Lerrbr wfth �
<br /> remittFU�oes in trust far l.�nde►aparl from Its mhor propertY,endorse th°Instruments and ott�er remNtance�to Lender,and irmn«���i 1.exlend the -
<br /> - �,•;1•;f . poss�sslon o1 She InsiNm�►�ts end other�el Innas�e ony o�I�or�I�,a re�ot�h�rwi���le�a�y o�f the In�d M�odnrt��s�w�hettohlchr�oaati s�desaibeddefahu�s -- -
<br /> t(mo tor paymenL oarDrortise.exthan3e po
<br /> _ � � oxist�u�tohr�s�y ��ndar tshall not be Ilable to Grentor tor any ectlon,error.mistdce,`omi�t�ierealn shall cauao L�r�der to ba cleer►►ad a -^-- --
<br /> �t� s rewiting theretrortt NotwNhstanding tho torogoln9. -
<br /> ,. � � mortga9eo-in•possesslon. In cond0on. � �_
<br /> ��:,,; Grantor chall uso tho Properry soloty in carpilanc�with . ;�
<br /> F 8. USE AND NWtiTEW�E���aRTMo be camr9tted w h�respoct t�tho�P oPor1Y��rs needed to mjirtidte UaOn out Lendar's prfa written .._ _
<br /> ;• ,. Grantor shali nol oorrr►i PB �s. G����I not rt�aka c+nY eHe►atkxis,edbUons or Vryxovsmems l0 1he P�oper►y �Y'�,�;�J �
<br /> } epplicable Iaw end Inwranoe pol " �'`•`
<br /> •.��,�;.�•�
<br /> consent. Withari Ilmhing the toreqdrtg.all eltaratWna.a�kietonoonnsodm�end sha�ll ibe rnadetat�o�r's s�ol6ehexpc�nwb�to tt�benetidal Intereat bdonpin9 .`rti=,�,r: t-•.
<br /> ' � to Lender,shell not be removed w�oul Lc+nder'a prio+' . �.�...
<br /> �. L098 OH OAIAAQE t3ranto�aha11 boar the entlre ris�c of ony lo:,�,thofl.dostruction or dama9e(eurtulativoi 'Loso oT Qerr�age 1 lo the PropertY or eny .. �..f-'._.
<br /> --:,..�;:•
<br /> . , port}an thoreol(rom eny eause wh�s�vord to Lenck�r tho fdo oaw 1 ho tai�r�merket value otitss elte�cto�d Pr per�t�yn�er.reroaly,oalr tho atteeted PropertY to Ra " - .
<br /> . � prevlous conditlan u pay or causs P�
<br /> , nst aii hazerds Induding loss or dema9e��sa�d�by
<br /> � 10. INSURANCE. fie Properly will be kopt Insured tor Rs tu,l Insurab�o valuo(ro�iac�m COS»� rty ch
<br /> � fl�.°�I ��.a�ea�ahle to Lendor n tis eote d serot on.t Tho I sutanao polidos hall require Ihe insurencebcompan'/a�vide Londer with at loast
<br /> . compsn e§as ero �t y
<br /> 3 U days'wrkte�`oo�tl�Obeof Grantor orUany oar� t �shall afflect tho Hghtonf L nder to bespald tho I�nau�ranoe procaoda portelning to ho
<br /> py�e�athat no ect �n the ovent Grantur falls to acqu�re o►malntain Insurance�Le�de►�after ao���ng�otico as may�d���^8�te`res as
<br /> � loss ar darrege of the PropertY• pon 9 Irod coverege. Londor may act
<br /> � In Rs ciscretton Proaue epp�°�te insurance coCirant�or sh�ll tumi hr Lsn�wan vld�in�nsurance indicatin tVhe rocN Ye
<br /> � desalbed In Paragraph 23 en uc�red hereby. Ildes,canoelltng eny Pol{c or on�borsing Grar►tora nnnw on any drefl or
<br /> � as attaney-in�tact br G�ranto Wi��"�9 Qand�l su�di Insu ��Insuranoo Pc y
<br /> ._._-...., ... Pa,dosshallbolrm�.dlMaterya�gn�id�edena�orl�zecidlo�rrfdceProotfothos.�Each
<br /> ._ .. ._� --- ryegpnaeiou�auu��.a�.:�......_,_. •---'-- " .
<br /> far tho Ol�li9atlons. In the evom o4 loss.Grantar shalt Irtm_aare�Y�w'x""°' ^' "'•."-"---.__. _ _
<br /> " gtn,at ns saa vp�M�. .�
<br /> ins�trence cortipanY Is d'ireatad ta malw PaYrr►ams�FtE+�tly to Lend�+'Instead of to Londorend (3rarrtor.�Ly��ruMalrmy at�LonrleP�optlon be upp�lod in �,
<br /> opp�y duch monlos toward the Od.gatlons or tov�ard�ho cast of robullcfing and restaing tho Proporry•
<br /> ihe irnorso order ot the duo ciate�thmroot. .,��
<br /> iIn tho zonin ovlsions or private covenants aitocting the ;;,;
<br /> � �1, ZpNRJG ANO PRIVATE COVENANTS. Grentor chall not Inlilato or consont to any dian9e 9 P� pr
<br /> { use ot ihe Properry w i t h o u l L e n d e r's p r l o r written consent. if Orantor's u�e of iha Propotly be�e�n s o n l a f�encbnr�. Cirantor�wllgimmodiatoiy provide
<br /> Grantor shail not cause or pomili such uso to bo disconilnued a�bondonod w�ihari tho pio�
<br /> � I.�ndor wfth written notico ot anY proAoSed d�an9es to tha zonlnfl provislons or privato covonants attocling tho Property.
<br /> 12 CONDEMNATION• Granta shall immediately provldo Lcnt6nr with�vririon notico ol any aclual or threatenod condortnaticn or eminont dornaln �+.,:.•,
<br /> ���Partalning to the Proporty. Ali monlos payabto to Crar»�t hom such conck'rtmatbn or�fegi�SjQn�nnscilSOlnwe httho w�ndomnat o0 o romfne�nt �;,,.
<br /> irsi to tho paY►�0 s and thenr et thA ption ot Lender toxh espaYmgn�Q ho Obl'�(3a���°9�R�°�oration or repalr of the Property
<br /> domaln proceedin8
<br /> Pttipe2d6� a� 17�y"—"
<br /> NEOOTB Rw.1�9s � .
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