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<br /> :_.�. final completioa of t�e restorarion,rePau'�r�Placement and rebuilding shal�exce�d nirtet�► _
<br /> ` - from time to time;funds other than �.._ •-.
<br /> Y : � percent(90°fo)of the vatue af the work pe���med
<br /> � gac�edsof tiae Award shail b�disburse�d prior to disbursement of such pnoceeds;and at aU
<br /> ....z, �' ` � ;; �remaining in handsof Heneficiary,tugether ��4 -
<br /> ��� .- .._ , tinnes,theundisbursedbatanceofsttchpro �'�,
<br /> - ' '�`;�� ese or inevocabiy committefl to the satisfaction of �::_
<br /> °...� , with fimds deposited fos that purp S shaU be at least sufficient in the �-:
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<br /> - Beneficiary by or on behalf of Truswr for that purpo e, _
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<br /> � �` reasonable judgment of Beneficiary to FaY for the costs of comptetion of the restoration, �1;
<br /> '°{� f�� "� ��� ding free aa►it clemr of aii lier�or ctainns for tien. �ny surPlus -
<br /> ��Y`<, :•�:: repair,rep or rebui! , � ent of such costs of = -
<br /> �`� �- yrennainomoftheAw�rdrec�aved�YBeaeficiaiY Ieaad� discmti
<br /> ;�t;�,:,'.`:: which wa m the, absotute on of
<br /> --�-'�° � = r�starativa,rc.fiai��TePlacement or rebw'Iding shal�,�
<br /> ,'� `:';:: •':' � He�ciary,be retained by Beneficiary�and applieib mo payment of the Debt.
<br />; ' ;�Y`�i�: . ';� � • � of tbis E�.�shall°nty be
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<br /> .`��,'��%;<. �•i: S. ���r�a3 Iaaara ��i�►..l� Ths Pr° , .
<br /> •';.e a�:�iG;.�:=.�s:i. . . . .�--- ..
<br /> ` licable�,�be eTCte�t(i)t1�e Offic�nax Lease has been t�rminated,Eu'}aa Eve,�t of Defaula has
<br /> . . . ; ,.<;��- ::. ` app or m a default i�as occun�ed under the�cemax Lease
<br /> ���::. occ�red ai�is�contin�hereuader, C") .
<br /> �' . �:�- :,:_rtrhich has not been cured withi� any aPPlicable grace or cure peniod. Tnutoi s&all PaY to .
<br /> ., :�Y;`;`:;° . � �: . Heneficiary oa�the frss�.�Y of each calendar r�vnth(a)�ane�twelfth of tbe Taxes tbat 8enefici�y :
<br /> _.:.�W�`�� .�`�...:�� the next ens�ii�ig twelve{I2)niomhs in order W.acr,�mulate wit�e . .
<br /> ':. �.. ,: ,.,, �na�es wr�l t�e payable during 30 da s sior ta their respeCb►ve
<br />- `• ':': ��-, �� .�, ���ctent fimds to pay all sur�Taxes ai teast tWritY( ) Y F
<br /> '•. Bet�eficaa�.. � ��p���;tBeusficiary���6e payable
<br /> ��"�'�� "�_� �due daces;ar�(b)or���iwelRhofthe u►or to �
<br /> "�':���;��;.':..�:._'� °T anthet+eo�' c�.
<br /> : ;;���'`: �'::° ` for the feitew�l of��",coverage afford�ed bY the Policies upoa the expirati .
<br /> �, :: .`� accwnulatewithBeneficiarysuffccientfundstopayall.s�a�hlnsurance�mi���=catIedi t�e
<br /> . days priorto the expirationof the Policies(said ainounts ut(e)�d N� uad aad the paymentg of. , .—
<br /> . , ^�x an��Y����• �$�onthty Tax and Yu�surance�►Paer aad shall be paid as an
<br /> ;�"�.`'�: , i�eiC�Eaucl pri�cipai PaYs61e pursuart to tlte Note,sha116e added wgett► � ..
<br /> � , ..� . aggregate stun by Ttustor to Beneficiary. Ttusiar hereby p2��to Benefic�ary��� _ ..
<br /> � � .y,� . Beneficisry a s�curity interest in any and aU�anies now or hereafter degosite@ in the'�ax and
<br /> .. 'K�� �� '� ent ofthe Debt. Aeneficiary wi1�SPP�Y� . _ .
<br /> ...� :` ..�. ,.��;.�. Jnsuranoe�lmpound as edditional security for the paym uired to be made by . .
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<br /> �'�:;� `� ''� .�', Tax and Insurance Imp�undto paymeats of Taxes aad Insi�rance�remium$�1 .
<br /> � . ,..�` . Truswr pursuant�to. 1n making anY Fayment relating to the Tax aad In.�n'ance�pfln� -
<br /> , '�:'..�� : Beaefic's�y may do so according to any biU�statement or eswnate Pioc��'°m���°p
<br /> . . ...,.,+'�. � public o�cs(with respect w Taxes)or insurer or ager�b�with resPect w IASVrance Premiums), -
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<br /> .�:: • mw the accivacy of such bil1,statement�r esrmaate rs�nto tke�C�dity of aay tax, . ;
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<br /> �`::, �;: .�.;:�;.` witi�oututgvirY. .
<br /> . �.` assessmenbsalc,forfeiture,tax lienortltle�a�im theY+eof. Ifthe�nc,twmtoft�ae'�'ax�shai m i� . . . �
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<br /> - . .-:�=.'`- �.�:. � Im�oundshallexceedtheaacountsdueforT�esandInsurancePremi�p�tobemade . ' -�
<br /> - sote dis�tion,retum anY excessw Tt�wr or credit�uc�ex�eess aF,ainst d�witb the person -
<br /> . . . . • w the��t�c aad Insurance linpouad. In all�ownero�$e�P�If a any tune$cnef cia�y � . : �-
<br /> � . . �w�,onthereGc�rdsofBenefic�rto6e a theitemss�t -
<br /> . .�•. ' . '� determinesthai the Tax and Insurance Impound is not or will aot 1�si�cie�w p Y _
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<br /> . , � '.; � fortin�n(a)and(b)above.Beneficiary shall aotify Tnastor of sucb determination antes is suffir cient� . _,
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<br /> � .;�r�s�its monthly payments w Beneficiaryby the an��:t that Benefic�ary estime -
<br /> . �� T . s �iarto delin9uencyofthe Taxes aad/ore�u�tion _
<br /> � , � �w r�xakeupthe deficiencyat leasttiiirtY(30)d�►Y P -
<br /> : . �� t � of�e Policias,es t1►e case may be. Upon t�ae eccurrence of an Ev�t of Default,Beneficiary maY � �
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