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<br /> ':-`.°�:`•`- -`<� E.I�lt famce�fmm B�efrciary to'1lrosoor os ott�er fimue o of'I1�ustor w Beaefcc�ety'uad�r euq `
<br />. �. � ��` aate.oomrac;t. axi��'ihissor in favor af
<br />. � � �.�.; . . pmmisso guetmttyr.vr othet evid�ce of debt at v
<br /> _ � � � .sRsr thi��tnsu�tlasdrmneat.�T�n�.�n���Securl�ty�yIasmu�at wltl�sepu�e ali fl�
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<br />�- .�°��� � ��li�ue obli ons that are giv�to or iaaured by a�r an�or�are Tcnator,or at�}r aneor a�re'i�rustas . `::
<br /> e:,"'.";,. 4 '��`,.��' and otaeis.All future�t�ea+d ather futu�+e abl�gattans sie s�ired b�y thls Sec�ity Iostnu�nt evea tHaugh aft ' . �
<br /> � ;' � orpart ma�r�ty�be edva�ced.Ail�flunre edvaaces aud oth�fuume abli ons a:e s�as if mgde on tae dass
<br /> -`�`°��- � '. o�t�Ttis Secmdty Tns�.Nodtiug ia th�s SeauIty dnsteum4nt shall w�tate a oom�I�W make additton�os •
<br /> � ;�:� : . futnte Iasas or advances fu aay�Aay stub aommd�t must be a�ead w in a separa2e vniting.
<br /> ����;;�,� • C.All Abligattons Tmsto�acQes to Seueficiary.wbich may later arise.W tfie�teut not pmL�ited�y7aw �inclu�8
<br /> --- -_--- - hnt ant limited.ma. liabit�des for avecdtafts telatiag w �y deposit aoeQaat agteemeat betoveea �'tustar aa� �__
<br /> -�� D.�additIo�oai sums advaas�d aaa in�� ed by B�Sciarq�or insurtn�,� p�� �,-
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<br /> � � fhe P m p e rt y and its v�tue a�cd aay o�r s�advgaaed�d expeasa�ay nader die tetms of �'
<br /> � '�#" Secaritytnsm�eeut. :--
<br /> . . ��. ,r..`�Y,��- ��Ep Ias�nt wW aot secme aaq other d�t if�Sclar�t faiis to give�y�qnired notiae o!�the right of ��
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<br /> . - .:�..� S. PAYNffi�P1�.1�astor agtces�at all payments uad�the Seau�ed Debt will be paid when dne and ia ssroordaa�oe whI►ti�e
<br /> �`v< Letms of the Seca�ed Debt am.d this Sea�nty�t. � -
<br /> " =� f.�^,`�`--- 6. WABIdANrY OF TITLE.Tntstor wana�3s ti�as'I�as is or wItt 6e 1awf�llq sdzed of the esmte av�y i�y tbis -_.
<br />. " � secaritq rasanrus�i and r�as me r�ght w inevocabiy gra�s,conve�r,aaa sen the Piopat�r w Tn�sree,ia avst,°0 witl�power or. —
<br /> . - . sate.lYasu�r also wffirents�az�e Pmpeety is ua�eCCed,excegt for�of revoid. �
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<br /> - :.:�;':` . Z FBIOR�II�i'1'�1Y4.With�d m aay otlier�tg�deed of t�nse,seaulry a�or mher ltffi
<br /> ' :.�. �tbai caeaLed a p�Ior secudiq iatetest or eac�se on tYuptog�ty.Tiustor agtees:
<br /> xs'�:_�:': .'" .` :�` A.To make all pa�m�whsa due mn�tu perfomi ar oamply wItL aIl acsvenants.
<br />-- °--::.'-�.-��. . B.To nmmpgq d�er w B�fia�r aay notioes t�t 1�aso��ea�v�fmm @ss�r
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<br />- ' _: .'���;`: , C.Not Lo auow aay mndi8caiia�n or extenslon of,mas ol* any faume�lv�under aay note ar ag�eet�t --
<br /> .�` �:::�;^ secQred bp the I�rt d�c�meut withaut B�'s��wns�i. . .
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<br /> ' •:� ' .r-'.�.,`r�_.`.� � 8. Cd.A�MS AGA�EI�ST TI'i'LE.Tmstor will all taxes,�.liens,�.lease paymwis.8mmcd
<br /> :- ,,`;, ut�itt�.aad ot�er rl�arges tetatln$w the���dne.EeaeSc�y may� Tra4tor fo piovide to Be�efi�'c18ry
<br /> _. "" .":�"�`�• . � :oogi�of a11 natic�es d�ai such amaunts are� � tT��aeipts edld��Ing Tmsoor'S papn�at.T�nsOOr wjll defead tltte to
<br /> �� :'.� .. � :` the a�nst �y claims that wons� ��r tk�L:� of this SecarIty Iasua�� 7Yustor agrees to asslga w
<br /> -°�- . ':`��'•i�" :�` ,t�s c� y�e$d&ry.auy s'�S*Claiim9�t defe�ses 3�ustor m3y Gave ag8inst pattiee who supp2yl86o
<br />- '•r�i�'�"�:�� or ton��cu�i�mpmvetltePm� � �
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<br /> �?,, ` � � 9 DIJE ONT SAS�3��R ENCUMB�ANCL.�y may.ai iiso�o n.deela�the e�+a balauce�the 3etau+ed E)ebt W
<br /> �,� .,� s be Iatmediai�etH due��dp M e npon the�auaa of,or contract�ar the creation of 1�en.�ca.u�os '
<br />-,,N , . .,.,,>.;,,.��..,. sale aP t�e Prap�.lL�s ia snb,�ect m�tre s�t�aws imposed by federal lacv�12�.P.R.�� „a�applicabla.This ,
<br /> ;:,-:.-��.,:,. �aaant eball trm witb the�iope�ty and s.r�a".I�i3a effect-�Zau"1 the 5�Debi is p�d'm�an�d�is Securitp --..
<br /> �':. .,� �t Is�eased.
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<br /> 10.�PIrOP'ERTY CONDYi'ION,ALTERAZ$�i5 AN���-°i'I�N.ZYnstos wIll�tne Fcopetty in gaoEd ooadiSon
<br /> , . � and m�age all t�ai are �easonab�2y ��a�y� �Y�tox shall aoi oommit or� aw'aaq wa4te. imPt�eai, or .
<br /> . d�entaradon of�Property Tmstor wIU ke�r the-Rogerty free of noxions we�s attd grasses.Tiastot ag�+ees tLat the , '
<br /> . � . _=����;. � natuse of the oaupaacy arui use w�l nnt snbsta�ialtq c�ange wlthout 8 's pr�or wnttea oonse�t.nastaswllt not -.
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<br /> . pe�it arry c�ange inaay llcense.s�tttctive caven�t or�t wItltaut��Bei�y's�►rior�vritten oonseni.'IYusw=will � . -
<br /> . riotify Benefciary of aD de�mds. Pmce�ngs. clata�s.aad aci�ons ag�ast TmstoT;and of�y 2oss ox damagti w.tl�e _.
<br /> ProDert9• � . -
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<br /> �, �.�•; � or Ba�&ciary's qe may �1�fl ry e optIon.ent�ddY�ee�'dmperty et anq�easbflab2e tt�e far tLe se
<br /> �' af��g tl�e,�iop�aty.�3en�eSciary' �Sive�Trustor nottce aa�`ie�iime of or befo:e an oas1 a
<br />� ' � neasonable for the . Any inspectton of,ihe Propeny'shaU be wsirely for B�n�da�y's 1����aud -
<br /> �.. .` :F ': , 'hastos a�way reSy on e8claty's iaspecHoa. _ . _
<br /> �' li. AtJTSORITY R'd PERFi01�M.If 1Yuster fails to perfaim auy daty or aay of fhe oovenaais containod in t8is�ou:iiY =
<br /> ' tnsau�nt, BeaeficlazY maY.wlthont nott�,Perfarm or canse them to 6e ormed.'Ztrastor ints Beae$ciary as _
<br /> ��., , � auomey ln fact to slgn Trastar's name or g�y aay amount ner�ssae�+�for perfo�smaaoe.S�eScIary�glu to omi fos °�
<br /> � :•. . �Y.• � Tr+�sstor sbali not cr�e an obligation top�5eiqu,and Beaefiraaty's failure to perfomi wID aat preclnds Beue e�la�gr�om -_:
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<br /> ' � �'i;;��s,�.,�', c�en3sing syy of B�efici�ry's other rtguts ander the faw or this Sec�ity IasK�i.If.any coastenctlan on the ...-
<br /> :,. � .,,.��{s;, .. is discondaue4 or not carrtod on in a�easoaable mannet.Beneffclffiy may talce all s�s t�oess�y to pmtect�
<br /> ;�,;.;+�•,`.. .,� security interest�a the Property.including comp2edoII Of the oonst�ac�ion. . _-
<br />;�;:' . � fZ. A�SSIGNl1�N��F LEASES AND R�.Tiustor irrevaratily grat�„oonveys aaA seus to R�stee�In unst for tiie °
<br /> �: A I aad lniere�t ia aaB w
<br /> _. �° . . beaeSt of Een��.as additiaaal seauity all the rlght,tItle aay and aU e�dsHng or ti�Ieases. �''
<br />�:. ',; ;" ,. sublea�,aad a�y oticer writteu or verbal ag�ts for the ase�d occap�C�►of aay� of the Propecty,�,B E
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<br /> ::'I�{�i:�';:r.': . � �t8 �8U LC�C1l�ZD 88 °�CII18°�. �Vlvl��}I IdV��G W�1.�lI10 SIIt�COtICCt��8� —'
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<br /> .. ,{',:V;;:';:� : . adst�g ert��ittose Lease$.Tiastor may wlle�t.sroeive.�joq�t3se�the Itenb so ong as Ttustor is not in d t nades �
<br /> the temos ofthis Sacuriry inswment. ,
<br /> . . .�.��.,. :,� Tmswi aclmowledgea tLat tiils assigWa�t-Zs perfected upon the�ardi�g of tb9s Deed oP Tinst aa,d tbat Beneficlary is —
<br /> • `�.,'�,,s�.. � eadtt�m notify aay of T�usoor's tea�ts io�pa�t of RenES due or to beoame due to BeaeSciaty Haweves
<br /> . `� . `rt�;4;'�� ' e�re�tbat only on default wifl�saefic�?�notify Ttustar aad 7Yusu�t'a�teasats aad make d�tbat ai�
<br /> . � fl�tn�+e�be�Qaid direct�yl t�BeneSclary.On reoe�v�r.uttoe of defauIt,Ttustor wlll eadorse aad deliver to Benea�
<br /> . .. aay paymeat ofRents in Trustos's posscsslon ar�will re�ive a�r Re�ts in wst for Benefdary aud�WII aat c� e
<br /> � the Rents aritb an�y�ott�er flmds.Any amov�te collected wlll beappli�ed aa pmvided in tb9s Se�auisy�Iustn�eat.'i'�uswr
<br /> � cv�ureais tLat no defanit e�dste undes the Leases or eay egpl3cable Ieadlord/tenaat law.7Yastor slso ag�ees to maiataia aad � :
<br /> �_ . '. . require aay teaasat to aomply arlth tha teims of the Leases aad appW�able law. .
<br /> �.... • � � 13. L�ASEHOLDS: taO1�IDONII�IIiJ1�IS• PLA1�T1�1ED UNYr DEVL�I.OP�t+�Pd'�. �lrustor agre�s tooa�lq wlth the
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<br /> . pmvielons of any tease if tt�s S��y�as�ent 1s on a Ieasehola tf the includ�a umt ia a caadominium or s
<br /> �„ �� . .�.� .. p2aaaod uait devetopmeat.Tiustar wIll perform all of Tmsto�'s�Qudea under�e aav�ts.bY-lawa.ar regulations oY the
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