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<br /> � `.,`',j (d) Gran10r he9 tl�a tt�M����a�eo t0 6xew�ba and Ferfoim ita QbligaEOns urtQCr this D88d of Trust 8nd th9se BCtians dQ nOt end , . ; _
<br /> at►afl no4 eonfliet+aitYs f2�e pravistens af ar►y atatrite.�eguiation,oalinance,nde of tavo.contraet or other ag�eement vehich may be btnding on .
<br /> � � Qtmcro�at eny ei,r�ae . . , `'.<;. ,`
<br /> � � (o)t�to actlon or�ading is or shatl De pertdirtg or tt+reatened e�hicn might materially atfcet tne Rropertyr,and • ',_�° �, ' .
<br /> � (f) �sntcr Ra3 oG�Nota�d and shait not vIo[a¢e any sta4ne.ragutatlm►.otdittartoo.mte of Ia+v.contract or other agreemertt(nduding:but not _
<br /> • i limitad te,iReso�tlmtng Ha=ardous MatsHele)vfiteh mlgAt maferiatly sNeet the P'roAoRY a i�rtdor's rtghts or irHerest in the ProAertl►Pytsuant �,
<br /> , ' � � t0 thiS QDBd Ct T.900fil9. . . .
<br /> 3 PAIOR O�tbf'fit3iST.Grantor�Prss�rrts end v�artanta tAat them ara no pdor deeCS ot uust aftec�ng any part of the Pco�erty ex�pt as sst
<br /> toM on ScRadatD��d to tl+is Oeed of TrusR wtfieh(�rrantor agraes topay and pertarm in e timery rt►anner. B there ere any►P�at deaCS of m+st
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<br /> . then GreMat agrsaa A+pay e11 arrtaunta owetl,end pertorm a!I o�Ugattar�a requirtid.undot euct�deeds of trust and tho indebte�nesa saCUred iherehlr . .
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<br /> . - and flir�or agraes G�s!a dsfauit undar an�prior da�d ot fius!ffiieD be a defauR anQor Nis Ocod of Tnist end sesll entiato LrtsCOr to e11 dghts and . �
<br /> remedies oorHair��q�e's►or in tha Qbiiga4ar�s to wAicA Lender�vnutd Os ertGtlad in tl�a flvctnt o!arry otAer detault. • , ,
<br /> 4. TRMISFEAS�f Yft�PROp�eHiY O�BfPdERC#A!.{HiERE84S It�GRAtiTOA3 OA 60AROL}JEAS Gn the eireM of a sa!e.eonveyanco.ten�. �
<br /> .-.-� eontraet for das6 ee,Ctr.st�r m eny pars9n of ell m anY Part ot the reat proparty desen"Dad tn Sehedute f1 or tiny iriterest tharein.ar of ell or any - -_ . _-. -
<br /> —:�"`�"-� bartefieiaf irttrsmsb i�n B�N�o�rar or taYantot!d 6�art�sar ar Gsar�eor�e�i u�u�at per�n ar Ressana but is a wrporatien,Iimited 1iab�lity mmA�N• ="� _�
<br /> paRnersnip,trua�.Cc o�hrtr lagal entity).Lrander may.at its oD�on.dedare the oufstanding prindpa!Eatanoe ot the ODRgatans pius a�usd intecast f � . - .
<br /> • thereon immediuSMfduu End payatrie. �LenQer's requesR Granmr ar Bortawer,as tl►e case may 6e,sha11 fumish a oorrq�tete st�err�ent setang tartA �
<br /> . au of iffi smckhoi6Rc�memE�rs.m partneia as appmprtate.and ttte exteM of�elr resp2s�tvo ovmarslUp trtteresla
<br /> � S.ASStG611a7ENf�F 1tFJiTS. In consideratton of ffie ObflgaHons whtch era searted tiy tAts Deed of Tn+s1.Grentor aDsotutety asctgns m Lendar e1i - � `.
<br /> � GrarttnPa estaL�.e�gttS.L'Ue.h�terest.daim end damand now awmed m AeteafC3r acqutred ta eU erisdng end tuture teases o!the ProAonN C� . ..
<br /> . ` e�dar�slon�.�erta�and suDteases).sil e,gra3moMslor use and oaupaney at tl4a Fhaparty(�sueh teasas and egreemeMS wRsttiar wri'tten or� .. _ .
<br /> .!_s�� are heteafter rotamtd ta ss tTte't�ease99.mtd e4 guffiarntes af tessees pertattrtance unEer tho Leases.mgetl�et ivith ihe immediate and ootMinrting •. : . �'� �
<br /> � rigM to wited er�5 rtceive all of the certts.tnoome.ceca3pb,.revertues.issues.Profits and olhsr inow.ee of arry naUne eow ar hereafter due prtdudtng 's.
<br /> _ � ` em►irteome ot er_g�rrt�oomirtg ttue during any redempho�RerioQ)u�der the Leases ot trom or arising out af the Property.indudtng mintmurp • -
<br /> • rems.add'iU'onal e+:rns.Parcent�qe rerKa,Patk[n9 ar wmmon area mai�tenanee eoMributior►s.tax and insuranee wr�tributteris,defi6aney rerns. � .
<br /> Iiqutdamd damages tbtto�ering detautt in arry Lease. atl�ooeeds paya�te under arry poliey ot insuran�onvering toss af rents resa,lting tcom €. : . . �� .T
<br /> .. . urrtenantahiiiry eaussd Ey destruaton or damage to the Property.all praeee6s Paf�abte as a ressult ot a lessee's exerctss at an oytion to pu�a.a the : • -
<br /> . - �A@nll.aU proeee6a Q3ttved irom tha LEmminaHan or re�eetion of any Leasa in a OanlauPieY or otner Insolvency proceeding.and atl pmoeesfs Uam ;s� `,
<br /> � acry rtg�and�aim�at anyr kind vfiich Grarttor may have against any tessee under the le2�ses or arry accuparns atthe PtoPe+tY(all af the abava are ; Q. �...,,�ti,,,.
<br /> � Aerea�ar collecttuePf natertsd tn as the"RaMa�. This assignmer�t is subject to tha rigM,porver and suthoriry gtven to�e lender to CoUect end eppry ..�
<br />� the Ret[ts. Tl�ta a3�gnmerrt is te�orded in accorQanee with apPlicaDie smm tav�the tien aeabed by fhis ess�gnmerri is inLandeO to 6e speciftR ' .,
<br /> � perfected.end�upon tha�ecording ot Ws Oaed of Tn�sR NI as prevtded Cy aypticable state faw as�emended f�m tlma ta fime. A9 tang as °' ���,,
<br /> ,:�� �' ttssa is no�sfiwli�rd�r tne QbQgationa or�is Oesd of Tnis�ien�er�ants Qranmr a revotabf9 6eense to cottect ell iter►ts ftmn the Le�sas wi�en �
<br /> '�;{::� , due and tr u�x sr�4roazeQs in t3rartmr'a husiness ap�s. Ft�vrsve►.Lender maY et any tims requUe�irantor to d�asit all F�nts irtto an ;"�,�
<br /> _�:,.• . _'. axaunt�+ed Dy GranLOr or lender at�ndes's irst'tr�an. 1lpon dsfaedt in tt�payment of or tn�e perf�manea af,ar�at the Obugattons, , - -
<br />_ �..-•.: 18ttdet tr�ay at(tst c�6an take possessJOn of ttte PiQgary�d Rave.hotd,menage,lease and oparat+a the Prcperty an terms artd for a pedod of Ume
<br /> . tt�at Lendec dmurm proper. Lender may p�a2ood tn�act end receive ell F�rtls trom the Propertli artd lr3rtdec sha0 haw tufl power to make , , . ��:, :•
<br /> 3
<br /> aMerffitat►e.rem�untiG'ss.�epaLS or repiacemr-�tbtC�r�tyr as Lender may daem propet. Lender maY ePB1Y eil f�rns in Lendars sote Qtsaetion � "�
<br /> . . m payment of 9tm Q1DUgattorts or to fhe payment ot tt�a ce�a mf sucA attermions.ren�iations.reP�►is and rep(�and airyexpenses fnctdent to � ,� ,
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<br /> taktng artd refaittir.g possession of the ProDe�ty Reric�-'�y�ad tne managemerrt end operaHon of the Praperty. lender may keep 1Da Pmperty � ` �f
<br />� _ P ro P�J I insur�Q acuf t�+ay d'�cge arry taxes�charges,d�fms.assessments nnd other liens which may acau� The expens�ac[d cost of triese ' ..-��'_°"'_r�
<br /> . .. ., actlorta may be paidtkaim Me P aMS reao i v e d.an d any u r s�d amou r d s s h a l l b e a d d e d t o t h a p ri n c i p a l o f f l t e Q�&g ffi i o n s. Th e s s s r rt o u rt l�t�e B t e r .... ..:.,�; :
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<br />- . �` wiM othet eo�0.sRa'I:beeome part of t�a Obligatlons secured bythis OeeO of Trust . .
<br /> `- ; & LFASES A��1H:R Af38FEd9Er1iS. Granwr sha;l aot take or fail to lske arry setion whleh malt eau�ot pertnit the terminatlon or the -- - _-�".'�°-:_,
<br /> - wfthhold(n9 af anu 6ayt�tent in eonneetion with erry Leese pe+tziaing to the Proparry. in addi�on.Grarftor.withcut[enQ�s priar vrtitten eonser►t.sAatl . .
<br />; . .. � ': rrok (a)oolteet eny�rt:,oNes payabfe urtder mry leasa more tAst ona mmnfi in edvance;(b)�nad�ty►anY iease�(c)assfgn ar eitow a Uen.SeeurilY . `;,,; ,
<br /> irs�rest ar ather enaxnOranae Us be ptaead upon Cararttors c;�Ris.tiite and f�fterest in aad to a�Le�cr the amouma paya�e thsreunder,or(d) �,
<br />- ` : • . �; u�minate ot eenCel'sr,y lea�m*�pt far the nanpaymer�t aTr�yy�sum or ather materiaf b�Q�y tfte o9�er party fherem. �(�eor�tv�at anfl '� : �r' �'._
<br /> t�re arry written oomrwnieatiers assening a detauit dy Giarn�ar imder e Lease or purporting tn h�inate or eaneel arry Leasa.�mas���[t A�oR►OaY • _ `
<br /> � ;�� .; .�.:.
<br /> • . : 4orhrard e copy ot su:h oommunh:aUon(and arry s�sequent cammunicatlons cdatin$tAe�ssr c:e Lender. AII such Leases�ttr�.smauma d�m w. .: s.. ;.
<br /> . • <' Gt�ntorthereunderatuRerebyassignedmlertderasa�td'�tionalsecuritytonRo�aLOrts. ..��.'•�
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<br /> 7.COLLECfQi 6i Q6(ND�CBTEDHESS 6RQ�'G�EQiD PA11iY. Lender shaR�o c�'„ed to�cs cequire C��arto natity�ry tti�d C�Y G��J. �.
<br /> = t�ct not itmJt�t�.lassee9,licensees,goverrar•c�!authorf�end insurarue oompanies)ts�cay tlmder�r3P�s�ebtedrtass er oBNg�owutg to . . ;=•�;
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<br /> : ...... ._ C�arrie►witlf�LD the ProAerty►(eumuiativeq►'fidebtedrtc-�y whether or not a detBUR�ts under tfis Qe�d ai Ttust Gr2t�r shail ttSgently F1�. . �.�;
<br /> � '� cs�eot ttfe IndeltmCrteas owtng to Qrantor iram these thhd D�'�s urthl t�e giving of such notifi�tion. In the ever-t fhat�P�or tecaiues
<br />- •" p�essian of ertu instrumeMS or othei remit�s with�at to the tndebtednesA tollawing the giving of su�rtotificafIon cu�Ss�insCumems of - I,y�.,;'
<br /> '..;':,�`,. .� ather remmances ca�.stituta the prepayment ai rs.y Indebtednass or the paymertt of any insurartee or eortdrurrn:�on prooeeas,GranLor cl1zD hoid ';�P,
<br /> . . 7. ,� .. ;' such instrumertis and other remittanoes in uruttas Lender apart fcom Ns other ProParty,endotse tha in�aria otAer remittartces tC CP.ndsr. ,:-,�
<br /> end immc�olety praotda tender wfth po�¢f the insbuments and othar rem'dtances. Lender shafl be an141la4.but not�equt�' !a c�'ad(by �F�
<br /> - � legal pmoeadingu cc othenrrise).entend the�rr�s i�r paymertL mmpromise,exchange or[etease tuiy obligav ac�ltateral.or athemrise se�tte ecry of -
<br /> .. the InQebffidness whether or no!an[vsnt of Qsiautt e�dsaz widet tltis Oeed of TrusL Lender shall not be liabte to tirsrttar far miy�.ertof. ,�
<br /> � m3sfak0.omissian cndetay ge�ss:ailng ta the sedons desafbact�rt.:'ils paragraph or arry darrta�rvsuldng theretrom. Nn�r�sdiag the fote8oing. '�' ,3:.�:..
<br /> nothing hareln ahu(1 eause I.aidrp to be deemed a mortgageads-.�yossession. . "'�'
<br /> 8. USE Al�D 6iAilH1FNANCE OF PRODERiY. Grantor shall take ait acflons and make��ny i�r►eeded to mairnam�:e Proyerty(n Boad ��`.;'
<br />- • - wndiHon. Qramar ahail not commk or permitar�y waste to ba oommiued v,itt�cespoa t4 fllre lA�r��fy, Gi�s!tor shall use t�e Properiy soTery In ';',�_:
<br />_ .. .. �rrr�llancs x�th aFpllcabfe law and insuranca poitetea G�r s�att not maka erry a�teraScn�a�t��ra-ar,Ihc�rovemerrts to the Proparty�vithout ,-.I':r,:i.---
<br />- Lendera pdar wrhbea cansartt Wdtfaut limiting the toregoing,a11 eNeraUons,addiUons end irrr�evetrer.�tnadtq to the Property sAail be s�Ject to • .,r;,,i.:,�
<br />- � � • the beneNaiat interast betongirig te Lender,sha11 not be�emoved whhout lender a prtor writtart a6rtse�x ano shafii Oe made at Grarttor's sote o�ense. � ` � �,, ,_
<br /> 9` LOSS OR QA�BAflE t3raMor ehall beartAe eMire risk ot arry tas9,theEt,destrucdon or dartt�{cumutaSvety'Loss o�Oamago�to t�e Propsrtyor ",`:��;`�yS, �y
<br />-- _ any Portlon thareot from any cause vfiatsoevsr. tn the event of any Loss or Qamago.Qranicr shall.at the option of Lander.repair ths affe c t e d ?�3'�.t�,s° .
<br />- Pro to ite prevloua eondrtion or `s����,.�,
<br />_ , perty pay ot cause to be patd to lender the deccease tn the fair market vatue ot the aHecmd Proparty. �.:�; �;�
<br /> =�'«: . � 10. IP�SUHAtdCE The Property will be kep!insured tor its full Insurahte vatue(repiscemont eost)e9tiinst all ha�ds inctuding loss or dam�qa �,,ti� �
<br /> � - ",lti�;?;'•, eausetlby flood,eartttquake,tomado and flre,tAaft or other casuaNy to the extent required by Lender.f rantor may obffiin insuranca on the Ffiopartyt '`�E'„� .. .
<br />__ ''�,, . from suci�camp�tntes as��e acceptebie to Lendet in its sale discteUon. Tha insuranoe policies sNall tequlre the insurat�ce company t�ptovide .
<br /> _ � tn
<br /> Lender uyith ai lease daya'written noticQ lutfc�e such poitctes are altered or eanceiled Inar�y manner.The tnsurance policias shall
<br /> �� � � aame Lendor as a loss payea and provida that no act ar amtaslon of Qrattsar or arty other person sha11 affect tho dght of LenCer to be pad ffia ' .
<br /> �'�- ' � insurance procaeds portain(rtp,so the tosa ot damage of Si�PropeRy. tn the event�irar►tnr taila to aoquire or malr�ln tnsuranoe,LBnder(aRor
<br /> j praviding noUce as may Oe c�u�red 0�r taw)may in ib disaetion pcowre eppropdafe insuranoe coveraga apon the Proparty and the insurance cost . •�''
<br />- . shall be an advartce payatrto and beanng irnerest ea desefibad in Paragrept�23 and secured AereDyr. Grantor shail tumish Lender vmth evl�nco 01 .
<br /> _ �������' �; : insuranoe tndh�n�the required�ver�qe. Lendet may act as attomey�IrFfact for Grantor in maicing and settting ctatms unQer insurance potidea.
<br /> r act
<br /> -= ranoelling arry paflcy ar onQaising�irantor's nama on arry Crafi or negatieble instrument drarm by erry insurer. Ail such tnsutanca potidos shatl ba
<br /> - � ' ''�� immediately assigned,ptedgts!and Qeitvered t�lender as turther seairilyi tor the Obiigationa In the eveM of Ioss,(imMOr shall tmmedtamly ghr�
<br /> � S,ender wrfuon notice end lanGarls arrthoriaed to mako proof of toss. Ead�insurartce compsrry is directed Uo maku payma�dl�ctty to Lon�r �
<br /> _ � tnstead of to tsrtdsr end Qreme► LenQer sha11 have the AgM,at ks safe optfan.tr appfy such monles tv►vard th9 OD1lgations ot Loward tne Cast of � ,
<br /> -_ � , , rebuitding and restoring the Property. My art+ounts may at LenCer's option be appliad m the+nverse order ot ihe duo da!os tnoreof. ��
<br /> ;:4��5+,;�•� . .
<br />-- .,!.v, 11. ZONtNd M!O PRNATE COVENAHTB.Gruntar shall not lnitiats or consent to any cnangeln the:oning prwutons ar prYvate covenartts affeetlng
<br />_ `'i�ll''� ��• ffie usa of the Property withaut 18ndar's pdat wrlCen aonseni N GtantaYe use o1 the Property is or becomes a noncoMotming use under any zontng •
<br /> �'�a '�'•`3�j:;�. �•; proviston,Grmnot shail nm cause or permit aud�use to Ee disoomtinued or abandoned mfhou!tho prior written cansent of Lende�. (irantor wiU : .
<br /> immadlatety p�ovide Lender vdth written noUce af arry proposed chau�gas to the zoning provisions m prhrate oovenam9 ffifeding the Propsriq.
<br /> � ._ 12 COtiDEt11PWTlON. Qrantor shall immediatey provide tander with vrritten notico o}any actual ar threa�ned eonQemnation or emineM domJn • �
<br /> 's��•• proeeeding psrtaioing w tha Pcaperry. All monles payabte w Grantor irom secA�ndemnatiort or mking are hereby a�ignad to Lender artd sha0 be
<br />= apAHed first to thv paymem of lsnder's ettomeys'tees. tegal expenses and other ca�1a (inctuding epAralsal teus) � connecNon vdth the . - • .
<br /> � condsmnadon o�eminerrt domain praoeedings and than,at the option of lender,to the paymerti of the Obtigations or ffie r��n or ropatr of the
<br /> Propotty . .
<br /> '.';'� . .. 13. I,F.ltOEN'S iitGfiT TO C01t7MEtiCE OA OEFEtiD LEGAL ACT[OtiS(irarrtar shatl immediataly provida LanQer with writte�noflce of ai►y actual
<br />_= `�� -• . or threatened action,suit,or other prooeeding afteeUng tho Praperty. Grantor hereby appainm tander as its attomeyantact to oommeneo,i�ervane .
<br /> ' fn,and dotend such actions.suib,or othor tegal procaedings and to armpromise or setlle any e(alm or coMraversy permtning thereto. t8nder sha11
<br />- . nos 60 liabte to Gruntor tm arry ccdon,error,mis�take,omisslon at ddTay pertaining to the acttans Aes�ibed in this paragreph ot arry damages • �
<br /> = rosulVng therotrom. (�othing ccrnalned hereln will prevaro tsndor trom tatcing tho ectlons described in thia paragraph in its own name. . .
<br /> t0. INDEPJINIFtCATIOM. lBndOr shall nm assume ar Ce respor�sibte tor the pertortnenoo of arry of(3rantoPS obligati0n9�vittf tespee!to ttte Rrop3rty ,
<br /> • • un�tar any circumstances. Grantor sl�afl immedietety provide Lender witA writmn notica of and indamnity and hold lenQer and iffi sharehotders. . � . �
<br /> direc0o:s.officers.employees snd ageMS harmless trom all claims,Eam�ggs.Iiabilitie9(induding attomeys fees and tegal expensos).eauses of
<br /> . . . . action,acdons.suits and other tegat prooaedings(cumulativaty'Claima')perta►ning to tAe P►operty pnetuding.�ut not lim'stQd to.thaae imrotving •
<br /> , Ha�rdous Material9). GraMOr,upon the requestof Lertder,shalt hlro tegal oounsel to defend Lender Rom such Claims.artd pay the attomeys'taes. � . ,
<br /> .::.
<br /> � tagal e.Fenses and other aosb incurted in oonrtection thererwith. tn the attemarive.Landet shall be entiUed to employ its ovm legal caunsel to defertd .
<br />' .- , ,.--_----'_ �th Clalms dt Gta:siat's tost. G�tsior's obl�sSOA!a 1rs�stttiSSt�Cndst�t L'a^.�'..pli:ttsli;.utvl`te!�e L�tmia8h�.tei�e 4t fOrBetOSUte o} �
<br />' . this DBed a1 Trust. t -. -_
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<br /> - . tPNEStiB < <om'a.Mn�ecrtr.o:og:nmc{i��9�96��800190�•T89 aage2o�� .. . 1 � . .
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