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<br /> ' 3, Con�tructfon of Improv�m�nta. Tr�tlor oh�ll compi�l�in pood�nd workm�nlik�mann�r�ny bul{dlnp�,Improv�m�nls
<br /> Nol�Pi Icu�d h�nlby, fo P Y w 1n due w�o�ts�nd U�illtt��Incurrid ih�(orup'�nd ot to pe mli�any+con�urQon
<br /> Il�n ap�lnsl�uch 7tu�t Prop�rly. In t���v�nl conatruct�on of bulidlnp�, Improv�m�nt�or npain wn conl�mpl�bd, --
<br /> Tru�lor�I�o�p����� lnythlnp In thli U��d of Tru�l to th• cnntnry nalwlthel�ndlnp; (U to promplEy commenu my
<br /> such ws�rk and la compl�l� �R�rov d�Dy B�N�ci�m•lc)tor wmply w th all ths�terms at a�buildlnq i�s�n vqre�I�th17 -
<br /> pl�n�Mnd��dlluUon�u spP y
<br /> any, bt�t��o�n Tru�lar ond B�mtiGUy, Ih• I�rm• of a ,����t���struclion rarxi(ej to ropl�ae+�ny work a rrwt�riafs
<br /> twrcof.(�)tp a".tw tl�noR�ery to Ins�ed t1�o Trust F�opKtY `
<br /> �y�yqqy 10 g�ffcury within filteen(15)d�ys �fl�r wrltt�n notic� (rom DoneilGary oi such fr�r.l.
<br /> 4. B�noficl�y onrtlh�tirit drypal��RChamonih or�s'uch�h�wdat�e ch�monlh�sY may be��pedlled by Benellc�iry aunt/
<br /> th� Ind�btsdnao is p�ld In (ull, +sum (hereln�lter c�lled th� 'Funds`)equal to 1112th ot the yearly taxe+ •nd
<br /> a�i�s�m�nt�whlch may�ttwin prlo�ity ovor Itil�D��d ol Truri�nd ground nnt�on the Tru�t P�operty,It�ny�p�u�1�
<br /> 12th ot th�yoarfy prsmlum Initallmenb for h1�x�rd lnturance, plua tfl2th ot the yearly premiurn Inst�llments tor
<br /> mortp�y�Insurance.If�nY. al��s re��on�bly�slimat�d In[tl�lly�nd tram tlme to tlme by BanallGary on the baai�of
<br /> asaes�ments and bill��nd re�iun7bla�stlm�lea Iheroof. The Fundo ehall ba hsld in�n lnstftution,Ihe depnsit�or
<br /> �ccounta of.whlch ue In�u�wd o�puar�nt��d by a(�d�ral or slata apency Includinp Benslic:l�ry. 8enell�lary ah�ll
<br /> apply th• Fund� ta p�y���d t�Ke�, att�ssm�nt�, Insuranc�premlum� and pround ranta. BeMficluy �h�ll n�t be
<br /> requlre�l to p�y Truotor�ny lnlereri nr sarninps on the Fund�. Bene}Iclary shall pive to Trusta,wllhaut ch�rp�,an
<br /> annual accounliny of ths Fund�showinp credits�nd debits lo Ihs Fund3�nd th�purpose tor wM1ich each debit to lhs
<br /> Funds was made. The Fund�are pledyed �s addiitonal security far 1i�Q IndRbl.:r+Jness aacursd by thl�Dsed oi Trust.
<br /> If ths amount of th�Funds held by Bentficlary,�op:l'h!*�t��d orou'�nck csnis�haUaexlusd,th�tr ountr qubrsd lo pay
<br /> the Au�a�tes oi iaxar��.sas:���aa�,.. �'C::t...^.'_�'" ,
<br /> srid taxaa,atsossmenta,Inaure�Ma �or�miums an.d Oround nnta as th�y tafi�due, such excss��hall uw.ac iruaty�:'a i;._
<br /> uption,eithar prompUy�ePa►1d trn Tru�sror or cr�+fsd to Tr�ast�affa�fn�t future monlhly:nst�ttcn�nts ef Fund�s. le th� __
<br /> amount of lh�FunOs MW lyK 8�����iary shsll nat b�sutFidenk f»paY hxsa, a���a�msr.ets,icrsurana pn+nlu�s�d .
<br /> flround ronts ae AhaY hll.du�.Tcaistor ahall pay lo B�nefi�t�ry anW amount n�cessary te einzkt�yp lhs ns�i:��t n`tiu I
<br /> thirty dsys trcrce lAa claa notla ia malled by BeneflGar�tcs Trastor requestinp payment triarenl;.Jpo p�T•
<br /> pt all Ind�bt�da�.sss.f3�n�ficf�ry ah�ll promptly refund to T�uslor any Fund�hNd by Bensfidary. If the'7f'�us.t Property
<br /> Ia sold und�r tYn�D irorvdr of s�le or the Trutt Prup�rty Is othen+ise acqu�rad by B�n�f�clary. &nsric�s�y aM�'�i� apP�Y�
<br /> Imm�diatsly priar to th�sale of th�7ru�t Property or Its acqulsltlon Dy BeneTiclary,my Funds held by BanaS9ciary at , 4,,,
<br /> ths tim� of appllcation aa a usdlt ap�inst the Indsbbdna�s. 1[8sneflciary�xecutes a writun walvsr oi Trustor's ._ y;,
<br /> oblipatloni und�r this p�rapr�ph 4,T�uetor cov�nants�nd a9re�s to p�y.betora the aame�����n�«�
<br /> u�osnr�onts�{nsunnoo P�+�ums.Oround ronis� and writMn requs�t bY BensflduY�oo i+�DdY�:rsr b Benefldry ail�saMna
<br /> p�k�et Ih�Trwt P�opKb. Tru�lor iurtllbr Wrse��uPon � all tax�s.�esss�nenle�nd othsr d►ar0�s Nvi�d upon or
<br /> .. for ths Wyr�t of wch charqa• Truslor Hkwvlss+pnss PvY
<br /> .ssa..d,v�.ad a m.a.apaka�� a m..+wr.a br�tMa oe.d ot rn,.t or u,.r000rdaua,n.roof.
<br /> 5 �Pi���o�o��rr1e���t� �,�;���;�r�.�wratvd by B�nsfid�ry as tu any dedt,Ilabllily or oblip�tio Fow�d�o B�hsfi•
<br /> � ciary py Truatar may b��pp���� b8�ahsilclary to tha p�yment o(th�Indabt�qn�ss or to yny :�� o����r���l,l..._..4.y
<br /> pr bb�Vipatlon,in�ny ord�r or rn��G�nr o1�Pp��cstion whlcti Ben�iiGary. In Its ab�oed fi sIt t�t�e paym nt of any dsbt,
<br /> Unlssa olh�rv+lse Nacted by Baq�.�2i�r.�i��'1�any such payment�l?a�.he desmed app , �
<br /> Ilability or obllpaUon other th�n 41e�"sVOT�. � "
<br /> 8. Charp�s;Li�ns..T«4stor will keep tHe Trust Prop�rty frse troth�14diens and�c,�.�mbrs�nces'w�kls In any way m�Y� �� . ,�
<br /> Iho Jud�tm�nt of 5�rmflel�ry,have prlority over, or impalr the'ybcurity o1,:t'hts �e�d o�Tru�l but Trustor nesd not
<br /> disatinJg� �ny uucl� Il�n so lonp as Truator shall aproe, In w�rittn.g, to pay the obllpat+on.upcured by auch Ilsn in a' . ;. �•,
<br /> m q���•r�.pcce ptsbl�to Benelici��p and�hali In pood(alth cvn��a9 such Ilen by approprfata Io�i P►oceed�^De�N�ctiv� . ,
<br /> to;pc�+vent th�eniorcement ol�ro li�n and the losa o t any I n t e r a�t I n o r p�r t o f th�Trur t�Pr�operty.
<br /> 7, Htitaid Insurance. Truttar sha9l�C�ep lhe bulldinpe and other Improvsmsnts now exl�tinp or Mrsaftar snctsd on th� '`��
<br /> ' Tru�t Prop�rty inaund by insutmce carrl�ro s�tlafactory to Bene(idary�psin�t los�by iirA.h�zards induded In th� ,
<br /> r� ., t�rm"�xbnd�d a�to�su6h•qarlods as m�y b�r Q I ed by Ben�cltarY�The policy otln�u an'adshill�be�n(o m
<br /> ,, In �uch amoun s .
<br /> � , , ac��ppbl� to Bsn�Nda�, piavido that th� sam� may nol be canceled or modiilsd wllhout Ilft��n (15) d�y�prior
<br /> writta�notics to Benefidary,nand ah711 how I�a p�y�61s provl�lon�in favor ol and In form���P�aOrto B o�p�Id n • '
<br /> � All pr�lmlums on f�su►�nc�+Pollclas �hall be p�id In th� mann�r provlded undar panpraph •
<br /> • , eueh m�nner, by'9'rrbalor mikf n�s�I ht to hold th f pol c�a1and eenewra/s lYrlhea�and Trust r hall pr�omptly fuml h?'� ,�
<br /> � carri�r. B�nsfic�ry shpll hlvs 0
<br /> to B�n�flclary al�r+n�wal nallea�and�11 p�ld pnmium raealpte realved b�e:+�t. ir,�o evsnt shoN i3�n�flG�rN ot trust�� ,
<br /> be hei0 rsspon��bla(or fallurs ta p�y Insuranqe premtums or for�ny loe�'e�r :�am�ps �rlei.tp out oi a tlet4ct In any ,
<br /> failuby Trustor to ettect lhsa ilniu�an e requ r�d Mr�dern����heas e�nt of IosssTru tti��Iiylv�prompt r.oUce qjp.. �
<br /> m�ll to lhe Insunnce urrl�r and Benetid�ry. B��eflclary m�y hiak�proof of los�If noi inaN Pra^Pdy or in propl�l',;
<br /> form by Trustor. All polid�s ol Insurancs and rny�nd oll r�funds of unsarn�d pr�mium��rs h�raby�rss�9ned to•
<br /> BeqeflGu;�s additlonal s�uarity tor the p�ymsnt of tfis ind�btednesi. In ths�wnt oi BeMflci�ry's ezercis�ot th�
<br /> rtHu,�nna�policy then In a,cs'�hall Ipasa+lo th�purch sr atrthe tru sse'sitaal�or forocy:i�L�s���torin caa of s g ,
<br /> IoesA�th�insuano�proceed� m�y. �t th�optlon ot Beneflcfsry,be aPPlied by Bsn�flai���:u,or� 1M Indebt�dn�ss;�,r
<br /> •ny part th�reot, snd in such order and�mount ao BRn�tictary maY d�t�rmine;or ari9��ineu)anoe proc��ds, at�4n�+
<br /> optlon of BAne�icf8ty,may�ItfHr b�used in nplaGnQ or restarinp tM Trust Prop�rt�► p�tJJal�or totally destroyeA,�D
<br /> a condltiort sak�aUacfory to B�nsficl�ry: or aald Insurana Aroueda, a�r•���y portion lheno(. may b� rel��a�d in �
<br /> 7rustor. Uncea+��nna�iGary and T�uator otherwlee�pree In rnitinp,any ytr�n aDD���tlan of Inwnnco prOCS�d7 a�nll.
<br /> e.ct oxl�nC os post�tcnf tRa Ota�date of the Note,or�nyr Irtsr.attmenti aiie�l'!or�therein,o'��r,.hmp�the omaunt uf�r:e"n�
<br /> Gw,yg��m�nts. ,f tA�Trusfl Pra�Qny i�aequlrsd by Ben�aflcixr�,iS��+��uant to thtl eexs�rr�4<�:�,����Tn►stPropx�*� .
<br /> idw:ioMx�.a�rr�te�tlM�arn�fMe�+rrt of Trustor In and Oo a�Y I�m�uav^ce;o n.*cseds P�Y+�
<br />"� prior to N►��e a�►�a+T s►t�ll Psss!o���d'na�bd b�."'H�d lkai!o fhs aos�s�nd AYV emoa.„dud�n0 atla'MY�aai,
<br /> M�airted fn ooNectirtq sud'i Ixuo�s�th�n Irt 1F�e rros�xtir��w�l�kte���D�aps artd oth�r impresvemsrtCS n�ow or
<br /> 8. Prosarv�tion and' �M'aintenonc�01`Tru9�I'raP�'�Y•
<br /> here�fler eroeted on the TrumtProperty in pood repafr�nd aaiTd�f;uc�attG will not corrtm�tbr p��mitwasfx,vdtr nar o�esr
<br /> the deelpn or structural charutor conalltutinp any buifd�rta��aw or hereafter erece�d orc ��d con�Yitutlna tht 7ruse
<br /> Properry wlthout the prior wrlllen conaent of BenetiGery, will not do any act or thuTg vrl�itA would unduly Impafr ar
<br /> d�nreciate the valus of th� Trust Property and wlll nol eban_don the Tr,u�st�P�per�ri����������°��^OV��
<br /> f(xhxM aonstitutinp IM Tnbt P�opwtY u�iss'Yw:w��:'"°"�•�."."...Truslor wIM oanP�Y wNh MI PraMnt md iuhx+r rxt�w�aa•
<br /> -- �,�..i a ars osea a r�ana ar e��•a�v.r,.s�a u�r• a aN,r��b a�a oo a�oca,v+�.y ana w.
<br />' �eowauo�►:ane ro�«+�+a c,��y a��+n+�wn�a�.n+�ww
<br /> n►�no�. n n�fs o.sa w rn�t is on a unu in.oonaominkxn a•��������T���c d.vel�oprr►Sn�i tl.b�ws
<br />--- obNp�tlon�1 under 1M d�danlbr�f or cownl�nb cr�atin0 or Qovxm�G
<br /> — snd nqu{�tlont O(UM OoixtOml�N+m or planrted unit d�wloprnent�ind iM oonstlh�tl doWrtl��b.
<br /> g, Inspection. B�nsllc{ory a it��p��ts moy.pt all rason�bi�tlm�s,�nl�r upon th� ':ru�t Prop�rty tor ih�purpnss of
<br />`�:_ le poae slon,f�t m�kw�thor'(�ils lo n ake any a ch�n pect onction snd shall�ot be Ilable to Truator or to any parwn
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