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<br /> . . . ! ....�.. ' . .
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<br /> . •. (d) Qrantor has the rigM and is duty authoriaed m exeeute arsd peRoEm ite OhIlgaUo�under thla Daed ot Tnrct as►ti ths�w eatons do not arm
<br /> . • sNsll not eantllct wNh tha provisiono ot arry affitute.regulaUon.nrdinancg.tu{a W Ia�v.cortt�act or othor agreertont whtch may be binding on _ `
<br /> . , QrBnmr at any Ume: �
<br /> • , . � (p)D[o action or pro�odin8 is er shall be panding or throatenad which m'igh!matede111►alfact tho PruAerty;ansl
<br /> (tj QreMOt h8s not vlolsted end sh811 not vlotat9 eny sffiNt9.ma e'na�ly aft�act�U�ie Praparty or Le da t4gttti O!1tlte�rost n tt�a�ProPerlll Pburauant .;
<br /> • i limited to.those goveming Hatardous Mffier1ffis)which might
<br /> v + to this Oeed o!Tntst of th9 Prapatly►sxeept es set ��'r� . �
<br /> , 3. PAIOR O�EDS OF 7it�J8T. Gcantor ropresems and wartanta that tti���peRami i a 8melyar�w.r�i �it t�hsm are ar►y pdor deeda of�st �`r,,; .
<br /> tcAh on Schedule B attached to tnis Q2ed at Tnist.v�hich(3raMCr agroes Ray ;
<br /> then OratKOt agtaes to pay a!1 amourta owed,and peAorrt all otrtiga9o�mquited•under auch deeds ot trust en�tns indebtaelness secured therssy ��`%s`
<br /> ' ` ' i �-and turtfier agreas that a defauft under any prtor dead ot trust shaU tra a dataut!under thts Oeed of Trust and d�et!enUtlo Londer to ell dgrits and , 'S 5 c
<br /> _`- ------ _ ! ':remedies corttained hecetn or in the ODI'igaUons to wldch 4ender would 1te oMriltxl tn th Q l i B 0�J E R S. In tris evant M a sals�oamayanp.tea�, `�. �
<br /> .' , 4. l6tAP1SiER3 OF 4HE PACPERIY OA BE.i�iF�[ixAL q���Q�� ` :` -` -—•� '
<br /> pL af the roa1 property desaibed in Scttedute A or any iniereat the�ain,m of ti11 at erty ; �
<br /> � .,. �=�. eontract tar deed or transter to anY Person ot all or any p�t th . . .
<br /> - f��rship,trust.or other legal er�tity).Lender may,at its a�ptlo.ded ra Ute cu�an�r�g pdnNpsl t�tartce of�t3b•Igatlons��labi�ed i�r�e� � : ,
<br /> �ti : :i
<br /> •thereon immediaLaiy dua end paya4te.At landar's tequs�t.�rantor or 6crmwer.at►ttte case may�e�ehall tumtsh a oamPlete atffiemsttt set8ng fotth ; J ,
<br /> . � all of Ns staekhotde�s.mambers.or partrte�s,es ePProPdata.and!ho mderd af thair respeo�e ow�e�A i� : ;�
<br /> m tender all
<br /> S.ASSiQl1�dENT OF HEQfiS. fn coasidere8on ot t�o ObtigutiQna whicd a[e sea++ed b1►t�+is Oesd of Trusf,(irantot absotutetl►assi9►�s g ,
<br /> , � Gtnrtmr's estsie,dght.titte.irrterast.dsim and de m a n d naw aWttod or hareaiter a c a u trad in ail su�leases and�agro�e�e i�ts wtiatrier��n or o r a l. `T : ;. .
<br /> extanstm�s.renewafs and subteasea).ail agceema�rts tdr ut�e mttt�$panaYeK�m�a�nca under U�e Loases.to$siAer�r►ih ttre immedlate and ooMinufig .-�� . �
<br /> :. � ere hereaRer rsfesred to as the'Li9ases 1.and aii gusranNea . , _
<br /> dgM to ccffect and ceceive aU of the re�,in�mre.�����entp�und Nia i�.sasea�o�r hom amBerEstnB osR�e Propertyr,in�du�n9 C inimam �`,
<br /> amr tn�me of arry nafiue coming due�urin8 enY�cammon area matnisnance cc�ihutiana.tax aru!insuraraa ca�ihutfons.dsfidency wrns, �. `
<br /> � ' rems.edditional ret►ts,F.emer�9e raMS.ParidaiH ' 'ir':.,.
<br /> • ` ' liquidated dama9es tct�:�.u�default in arry L9at:e.aU procaeda pttys6io under te�pa�r�1t at a te�ss�e'a exerd�etof an optlon Purd��ase tha �_.".
<br /> •�, uMensntabifity►cdused bY:'�s-uuctian or damaga to tha i=mperty.aU pmceeds payah y �:,' _ . .,
<br /> - P[oPeRS►, P Leese tn a bankruptcy or a�thar Insotvanvy pm�aed.�.and ail pmceects fmm ! i _
<br /> . ,. � all roweds�a�Grn�.isam the tecmtna@on or tajz+atlon��Y tessae�tndar ttte Leases ar arry o�upants of tAs R-�eaifl(�1 otthe ahave are _ -
<br /> any rfgfits and daimsa4.�.ic:id vuhtch i3tanmr maY hava a8E3nst any , :'` - � . =�';
<br /> hereafter eoltectivery�to as the'Rs�•This assignment ia suTaie;3�r.tfte rigM.Powar and autharity given to the l.f��r tc co.tsat eadsppty
<br /> • `• i the Rartta. This assl�nr,�cemt is cecocded in acaardena�wRh epAlioatrfsrovidad b aPRUcabte smte taw as amended trom ticn�e��tx✓a G��1 ng� �` .'.� •;,<
<br /> ' � ` paKeoted.and ct►oatx a�an tha raoording ot tfiis Qeed ot Tmst.ali as p Y a covocabis Ilaen�to no!!E�ali R�rts:trmn th�4�s when • �
<br /> there is no defaailt unaa-3tra�bligationa or thts Qeed'af 7mat,lendar gtaMs Grartlor
<br /> due and to use sud►��(n(irantor'a bueftresa aperaUcna Howevar,Landar may at ary time ceqwre tiranior ts�a11 Fienta Ttrto an . ..,''t"�. _..°?:::":�.°:
<br /> ;��,�•; account mal�ined bp`^�r or Lender at Lende►'s i�an. Upon dafauB in the paymeM ot,or in the performan�e at�ry ot tha ObBgationa :� . ,.��
<br /> on tem�s a+d ta�e Period af Ume -
<br /> : s Lender may et tte a�tlo��tske po�aa�af ttre PraPartp end hava�hold,mana8e.leass and ope�ate U�ear�LB dei shfiSi have futl power to meke � �r : ?�_a
<br /> � � that Lender deems pmPet. LenQer may prc�ed to cal�ect and cecetva atl Rems irom the praAenY• � � .
<br /> •�'� ' alterations,renovations,repai�s or repiscemerqa to�s Praperty sa Lender may deem proper. Lender may appty e11 R9rtta in Lende H�i ��� , .��� �.�
<br /> � .- �A".r�.1 .! - � `�
<br /> to paymant of the Obit4�iona or to the paymem of tho t�st af suoh aiteraUans�renwffilana.wpairs end�eplaoematn9 and arryexp �`.,�. �. '� .'•.�:,
<br /> .. � on of the Propacty pedadk�fly and tlie managemertt and operaSan ot the Prop�ttyr. f.e:+der m keep tha PraperlY �. f
<br /> . ' taldng end retatning�at e ����s�otaima,assessmeMS end mhar liena whtch may aocrue. 71ie e�penae and�°}�e�
<br /> . ..• ,' proporiy insuced and�4ischacS en!► , � '`," `,.T'�.
<br /> t�er .�-`•�i
<br /> actlons may be paid vmrm the Rents rewNad.aad enY unpalQ amwrtW shail 6e addad to the p+�ncipal at ths Ob!igatia:s.Thesa emourhs.to8s : ;3t.. �;:.1�;;.
<br /> � , wffh other costs.sna,7 bamme part of the Obiigations seautod by this Osed of Tmst. � -.e_.
<br /> • 8. 4E01SQS AND OTHEA AGH n nEEE�M$.�Qrant��p�er�n g te�hs Propertp. U�e�didan,��rantac.�inr�fi".�sn!Lend P Pdorv�ntte�. o5nsa�r�t,shall � : -
<br /> � , ,r., '
<br /> f�es�;i�I e�Sn or eilow a ara�,security ;•,;��: ' ;.;,,`
<br /> ' �.�y� nox����eg P�la under any l�ea.°s moro S u m aaa m�t h i n a d v a n c e�(D)m a d i t f►r��* .
<br /> � �• '�. � iMotsst m other e.r,.um'brence w ba piaoed upon fittu�tor's dghte tiits and ititetest(n and to any leasa o:i'�e tanx.r.es payabte ttssa�3er,or(d) , -
<br /> � i terminate or canoet an!t.ease except tor tho non ayrrlerK ot anY sum or othar materiaf breach!sy the o9�er party tP��na. lf Grantor rr�'d:vas at any „�. , . ��
<br /> ,,, ; '� ' Ume sn wfittet►eor.�runicaUon asseNn a d�by GiaTrtar unlar a Lease or purparttng to terminate or cancal anY I�se.tirar+t°r shail P�Pff's' f �x� �` � :
<br /> � { '�,�-
<br /> ��� , ;'• tornard e eopy ot such commuNcarian��nd am!aubse�uertt cammu:tiosttona retaUng therew)to lsnder. All suori le�a ena the emourta due t� �'�,
<br /> an
<br /> ��"ct , . '. �irantorthareunQereret►erebyassignedmLondm.esadttiUonalsewrinl'�urtheObiigationa. c ,�ffs, r.y; .,<
<br /> �...F� � e� 9 s �S �,� , s j5a-
<br /> � 7. COLI.ECIIOH QF t[�1DEHiED[dFSS FRA�11 TiifEtD PMN Lsrtder ahail be emitlod to noUfy or ce�,ira G-�or to notHyl anythird R��QnGu n .
<br /> , _ -_ - but not Itmited to.lessee9.Iicensees.9avommer�tnt authorftl�s end insuranoe cartpsnias)ia Qa1!t�+�a�Y Isdsbfidnass or ohlig�sn ov+irtg to �rf �,�s,i ,.`'�__.
<br /> ' QranLQr wfth resPect to the Property(cumut�h'a►Y�Mdobeednass7 whether or not a dofauR exisa un�r Lhie Dood o!Trust titontor s'�ail dtitgeM►y �,'�c:+%l ,,
<br /> . � ...'._; collect tha tnQcibtednesa owing to firantorirom Me�o third patties uMiNhe glving at such notiflcaUon.In the sver►t thai ticantor Poasessea or recahraa , ,
<br /> Q
<br />= posao s s ian o f a r ry i n s tr u m s�s o r a t h e r r a m i t t o c� In����af tl�e pa�ymareit of�atry insuranoa�oi oon d 8 m n U a�p r o c 9 8 d o�a r a n t onII►sh a l l h o d + •� ���4
<br /> � nstttuta the PaYmeM anY end othar cemtttencas to Lender, �.' ' ' � _
<br /> . . �'; other ramittance9 co V� ! � � _
<br />' � such insuumama and othe�cemitmnces In trust fcr Lonctar apan irom ns ather propertY�endorsa ih2'c,�tsum8rne l.�f:;•:z � '���
<br /> � � ` and immadiately provide LenQer with possessfon of,lho it�strumams a��'oxohengenor release 9enY cbi�'bg 1 Ot�co11ffiural�ar�o hsnvi�a SeUie arry of Y' •�S'f`�`���.'.','�:
<br />,`�} � '',.,', legal pmceodinps orothenv(se).extend the Hmeltrr.p n y meM.comAro• - ��
<br /> ' j( ���e�, ::, ,..Y+4':-;;
<br /> the Indebmdneas vvhaYhm or not an EvoM ot Rt�tau fl a�tiatu under t n is O eed of Trtisl. Lender sha�ir:i b9 liab.o to aratriot tor a�p aatlon,ertor. !,, tst
<br /> �� 7 mistaka�om(ssion or�{afay�srtaining to the aol4ama descriLad in this yaragreAb or ar�Ca�rtages resufSrtg U►9tohom. flblwithstr�ding ftta toregoing. s,s;fl:� -:.'�'_' .
<br /> ' �� na9Ung he�eto shalt cause Lendar to tre deemad a mortgageain�Aosseaston• r �V � �-
<br /> �. � ; �� e. U88 At�D h1NH1'E.HANCB OF PitOPEgIN t5rturtoi sh�l taka all aoBarw anct m�ca em►reD�tw needed to malrttfiln the Proparty(n gooQ ,, �
<br /> � .�;?i;-; � � oondRlon. Grar►tor aha11 not commit or psrmif�ury wa.�no to tre aommfttod wlth cespect to the Pro�+enY. (irentor Elwtl use the Property sotety in � r ..
<br />. . ,.��:.�. �.;��i,,,
<br /> �i��,:;, �''�� compllanoe witb applicabte taw and insurano9 poltales. GrMtoatl ali�ieratlons.addtUona�d mp 8rov�a���m�de to tha PioA�shBl be BubjoCt�to s�;��5,�,.� . : :.�.�.
<br /> 1� � :���`•� LendePa pdor mittan consent Wrthout Orrdttng•the tomgoing,
<br /> ,{<,� .,
<br /> . :.'`��' the banettclal Irneceat betongtng to LsnQar.shoil not be ramov�d w�thout Lender's pAor written consam.ans!st►9G ba made at(irantoPe scle expense. ,;�����:� � ..�
<br /> 9, L O S 3 O p QAteAtiE.Qrantor shaii bear the et�tlse ftak ot arry tas9.lheft.QectruoUon or damaga(cumutattveN'Losa ur Damage�to the Praperty or '' „L
<br /> • any portlon theroof icomar�y cause wtiatsoevar. tn the evarn of arry Losa ar Damqqe,(irantor ehatl,at ths o p t+xi at Lender.cepalr th0 affoMed . '.:�
<br /> - . � � I..,; p�o ya r t yto Hs prevtous candiUon or pay or aause to ba p�id to lsndor the dooroaso in tho talr markot valus of th��,Sfs+at2d ProPertY• �
<br /> - . . ' _ ' �j 10. IH5UHAt�lICE The Property wttl he tcept inaurod tor fi�►t u t l inEUr e b ls v�tu e(r o p l a c a m e rt t o o�)a�i nat atl h�serQs inctuding lass or damege
<br /> H
<br /> _ ' eausad by ttood.oarth4uake,tomado and flre,theft or othBr oasuatly to 1he eMoM requirad by LenGe'r• �ento�may obtain insuranoe�on the ProyeRy
<br /> t
<br /> _ ' � ' irom such OOmpSt1189�93o a��dgyg'WtI1tOf1 at}��beto u�Pollcloa areualte d Of'CSt1�i71 dtly,r1ri9t119f8 Th8 ii�IEU�TE7�t79 PO11C1888 h811 •
<br /> ' .� Ler+det wlth at feast • � ,. .
<br /> ��� . �`� namo Lender as a lo�PaY��4 Pravlda lhat na aat or omfsslon of Grantor or any othar person shalt eHeai t'�a d9ht of lsnder t°be paid 8� ., '
<br />-�" � I n a u r a n a�p m c¢e II s�m lNn g�o the tos.a or decnag�of ths P�oPertY. in tho ovart Qrenwt ialla to a�utm a m2r�min lnsuranc3.t+anaer(�c ..
<br />--- prwt�;rtg npycs ay mzry ba requiredby law)may in�its d l s a r o U o n p r o c u ro a p p ro p d a t e i n s u r a n c e e a v e e a a c►.��Pro ps��0�►s insurancs ea�s ;.. '
<br /> �y ahaSl b�an advance psYebte end beadnge Le�der��aat as attm�oyM�tnot tard aQ o�cured hmce�����a��daai`�ce pofl e�s. .:,-.:.. .
<br />';;�1t � insuranos indioating the requtred eowarag •
<br /> ;:;; � oancsl{�ng arty policy or enQoraing Grantor's nams on any Qraft or negoMnbto inctrumant drawo by ErsY(°+suro�• such tnsuranoo polldae shall ba �;:�.j;�-,:��•
<br /> immadlafery essl9aed.Pledgad and dethrerod to I�nQer as furthar soourity tor tho Obligations. In 11 a�tl�ea�t�dlrocthl to i�t►nd�er �`��•�;s.. �
<br /> ' � londor vrr(tten nmice and LenQer ia suthothed to mako proaf ot Ioss. Each insurencpa companyr � � .
<br /> ;'�:�'; Inatead of m LenQar and GraMor. tend�e1r�o ����ndor e p8on be�appiied in Ule inverae�ords�r ot H►a�odate-a theroot�d�e oost at
<br /> -y< < � rebuitdingand restoftngthe Properly y ,
<br /> 11. ZOMliQ MtD PWNATE OOVEHAMS. Qrantor ahall nat inttiato or consent to any change in the xoning pra�t3tor►s or pMate oovenar►t�af�octing
<br /> tho uso of 1he Property withcut Lender's prior written oonsant H 6rMtor's use o!the Property is or becomes a nor�onlorming uso under any zoninl� ti. , .
<br /> provision,l3rantor shall not cause or petmit such use to bo discantinued ar nbsu�doned withaut the prlor writton oonseM M Lender. �eu�tor wI11
<br />_ � Immediately provida Lender with wdtton notice ot eny proposed ohangoa to tho zoning prov�sions or prhrate covenants ettecUnB t�o Proparty _
<br /> � �2 ��,�pEt�NQQ(pN.(3rantor shall immediatety provide It�nder vritb wtltton natiao ot any aclval cr threacenod oondsmna�on or em1nont doma.�
<br /> � � pracseding peRaUdng to tho Property.All moNes payabte to arar►to�r ttam�su��d n��m�����9�j�0��ieensj�n �necUon�vfith t9�
<br />- _ . • appfied iirst to tha paYmaM of LondePs ettomeys' fees, egaf xpe B
<br /> � condemnaHon or aminerte dom�in praoeadings and then,at the optton ai I.endot,to tho payment ol t1�0 Obti9�ons ot the rostoraUon or ropair of s1�o
<br /> �oA� .... .
<br /> � 1a. LElJOER'S filGlQi TO CONB�(1'cNCE OR OfFEt�D lEtiALAC'�(�t!!3. Grantor shNl Immedtatory provide l,ender with wriuen noHae o1 a�ry acc++al
<br /> � ` or threatenod actlon.sui�,or othor proceoding affero�ed n�epna oatmp omisa or se�tUpa uny olelm or�oo�arersY pd�erfe3N g therefo�Lander�shaD
<br />°' � � in,and detond such acHona,suris,ar other legal p 88 �
<br />- ` ' ' n o t be Ilebte to Qrer+tar tor any actlon.error,mistalce,omisslon or detay pertalntng to ttia acUOna deseribod ir►�this�Par�agmm�A�D�Y�� .
<br /> resutUng thersirom. NoU►ing cornelned herein vufil provont Lenderfrom t n i fng t he a o t l o n s d escfl0ad in thla p a r a g r t i D
<br /> 10. INpEGlNIFIG1T10H. Lender ahatt not assume or Ee respons:S�lo tor ths peAormano0 of any ot GrantoYa obligations vrith rosp�ct to the ProPaRY
<br /> ' � unda�erry citcumsffi��es• (iraMor sha�l immediatety prwldo L�ndor vith wtitten notioe oi and indemnity and hold Lend9r and its sharoho�dera. ,
<br /> •
<br /> dlrectors.effleers,employrees and ageMs harmiess irom all daltrt�.Qams9as.liabitities(inntuding atto�ud f b��I m�'�md�to°�s���►�n8 .
<br /> ---•�--- - actton.acaona.suica and athar!�!Prozec�in89{c�,mutativaty•Clalms 1 Pertalning W the Property(i 9• - ---
<br /> • Hazardaua Materiats). 6reMOr,upan the request of Londer,shatl hire lega!counsel to astond t�onder from s�cn�isl�r+s•as�i�►��m��s, `
<br /> t�gal exponses and other costs incuned in connection tAerawiM. tn the altemelMa.landor shh shall su�rvivah terminaUan roteas or tore osu0re of � .
<br /> �
<br />. such Clalms ffi l3rarrtor's eo�t. Orantor's obligaHon to indemnify Lender undar thk�paragrc+p �
<br /> .. this�ood of Trusl. ! .
<br /> . �
<br /> ....r . �� � _ -- -- — �2d5 - _
<br /> .-:�.j j- LpNE�t18 L iormAlionTeW�ofog!e9.b�t1»l91� R���9
<br />
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