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<br /> G C.3acilon 12�01 et soq lnnd all ' '''��,,�'
<br /> (c)'All nppllcAde lews and regulollona,InGuding,without Nmltetlon,Ihe Mwrlcane wNh Dlsa6ilttlos Acl,42 U..,.
<br /> � roq�il�llorla pronr�lgvod ihoreundor)and nll zonlnA nnd buildng lewe end rsgulatlom relating ta fie Propeny by vlAue of eny lederel,alate or m�nlGpal , .�,�:�
<br /> nulhorlly wI11i jurlsdctlon ovor Ihe PropeAy,presen�ly ero and�hell ba obterved a�d cocmW�ed�w���lon•.i lor na'nconil M��uaas nMr���1 I spoeton
<br /> pcmlle,ond cortllludoa of occupnncy QnGuWng hul not liniiod ta to�dnp vnrinnc,�a spo P �
<br /> npprovnlel,whotha tenporary o►pernNnant,whlch nro mllerinl to Iho ueo nnd occupancy ol thn Proporty,presemly aro nnd ihall be obinined,
<br /> preeorvad r+nd.wharo nccas�nry,renewed. . ' —
<br /> (d) (3rantar has the rfphl nnd I�duly uuthorlrad 10 oxeGrie ond partorm Ils Ohlipntlon6 undor ihts Oosd ol inast and Iheso actlons da not znd shall not �
<br /> ConlliCl with�he p�ovlalons ol My 6taiute,regulallon,ordnnnte,nilo ol Inw,conirncl or otlmr agrooment whkh m�y bo dndinp on Cirantor at nny tima. �
<br /> (o) No nctlon a proceeding le or ahnll b�panding ar threntmtd whlch iripht rt�atarinlly atlocl the Proporty,nnd
<br /> (I� �ramnr he�no�vlolalod and shnll not violmo nny etawta,rrtpuletlon,ordinnnce,rulo ol Ittw,contrect or oiher agrcwnx�n111ncluchng,Iwt no1 Ilmitad to. � ::�'�r�
<br /> Ihoas povoming Hazardous Mntenela)which rtiglu n�eler{elly Aliacl Iho Proporty or Londor's rinhta ar inlerest fn th�Proporty pursuan�Io ihls Dood ot
<br /> Truat ' .: '"
<br /> �,'�i.-
<br /> 3. PRIOR DEEDS OF TRUBT. (irnmor repeaente end warrants that Ihere nro no prior doeds of Irust allvq�ng Any pan ol tho Propany except as sot lorlh , . ^�Y
<br /> � on ScFiedule B etlaeMd to lhln Deed o1 Truet,whieh Qranlor ag�ss to pay nnd perlorm In a timely manner If ih�re ero eny prior deads�I Irust Ihun [, '. ,
<br /> " tirantor agroes to pay all artwums owed,end peAorm ell obligaliom requlred.under suCh doeds ol Irusl ond tlw fndebtednes6 secured thereb and tuAher y' '+, __v��
<br /> agreee that e deleuN under any prior daed of Irust ahall b�e default under Ihte Deod ol T►ust and shall enUib Londer to all righta and re�r�edlee wnteined , � ,�,'
<br /> horeln or In the Obligotlone lo wNch Lender would be enlilled in Ihe event oi ony olher delnull. ;ti_�. --
<br /> �. TflANBFERS OF THE?ROPEHTY OR BENEFICIAL INTERESTS IN ORANTOR'J Ofl BQRRUWER9. In tho evom ot e ealo,convoynnco,loaso• ; �•, � _i_
<br /> contract fa doed or trensler to any person of ell a eny pert o I I he re a l props r ty d e a u l b e d I n 3 c h a d uk A. a en y Imereal thereln,a of all or any beneflGal ; •t� ;.;�'
<br /> Interast In Bortower a�rantor(II Borrower or Cirantor Is not e naturelp�rcon w persons bu�la a cwpaation,Um�ted Iiabllity company.pannershlp,irust,or , ti,�`
<br /> � other legel entity),l.ender mey.at Its optlon deelaro the outatencWng prindPa�ba�ance ot ths 0611gations plue eccruod iNerest thereon Irm�diately due and .�.�' __
<br /> payable. A1 Lenders request,C?rantw or Bortower,ae 1M cau may be.shal�Iumieh e corrplete etatoment utiln�lorth ell of its stockhoidors,rrembers,or '-
<br /> partners,es appropriate,end the exlent ol Ihelr respective ownerahlp Interesis. :_
<br /> •M,—
<br /> 6. ASSIGNYENT OF RENTS. In conslderation ot the Obligatlons,whlch are sewred by Ihto Qood p1 Tni�t,(irantor absolutely asslgns to Londer ali �
<br /> Grantor s sstate.►ight. title, interast,Galm and damand now owned a heree�N pr����a11 sach laas s and�aeroen�sswhelher wrltten orioral are �
<br /> extenslons.ranawaJa and suWeases),all aqreemente for use end occupancy :.k--
<br /> collect and rece eten of the rents,In�comotlrecofpts,�relven e�Isaues,p�rolll4�8nd�iher�lnCOma of enys�ns�ure nav�or he Iafter duee(Including�any Incorr�iet i .
<br /> any nature coming due during any redemptlon period)under iRa Leases or from or erlsing out ol the PropertY�nclud�n9 minimum rente,edditlonel rents,
<br /> percontage rents, parking a cambn area melntqnance eoniributions,tex and Insurence conldbulbns,deHetency rents,Ilquldated dertreges foilowing _
<br /> detauit in any Lease,ail proceeds payoble undes a result�ol a leasee'exerdie ofpan opirion�torpur�cha�h he Pro nperty,all��oceeds bde�luednfr�om ihe �.. -�
<br /> darrnge to the Property,alI proceeds payaN — -
<br /> � tetmination or rejection of any leasa in a bankn�ptcy or other Insolvencyprooeeding,and allproceuds Irornany Nghts and dalms of any Wnd whlch�rantor
<br /> . may have as�ainst any lessee under Ihe Leases a eny occupents oi the Property(all of ihe abo l�Rents.eThis au�l t�grunent Ia r�ecorded In aaor�dance wlih ~��I�+V
<br /> asslpnrtnnt Ts subject to the right,power end Authority given to the Lender ta coVect end e�pply pon ':
<br /> � appl1caMe state faGaw�,�th sta�e ta as�emeaded hom t neie1tosll�men As Ionga s t�hare�isPno de(uit under thte Obligat ons w this Deed of�NS.Lender�grents `'
<br /> provlded by app� �_.�
<br /> Orantor a revocable Iicense ta collect all Renis from the Leases when duo end to use such procseds In Grantor's buslnoss oper�ati�}e Hon her,Lande'
<br /> � rrey at any time requlre Granta to ciaposit all Renis into an eccount melntained by Orantor ur Lender at LendePs Inslitutton. U PaY►�
<br /> ot,u In the perlom�ance of,any of tho bWigatioris,Lender rtay a11ts optlon teke possession of the Prope and have,hdd,manage,lease and operele the
<br /> m Bn
<br /> Properttr on terms and 1w a Pedod of timo th�t Londer deertn(xoaer. Lender may proceed te co��ec�a� receive ail Rems from the propertY.all Renis in
<br />- - ' , - shall have Iuil power to maice anerai�ona.�a��a�a�wr�.r�lr ar rc�sr�n of iha�coatof such aneratl ns,ronovet ons�pope�a and repiear�,w��is ard any °
<br /> ��.' . ` Lender s sole discrellon to paymiern of the Obllgntans or to ihe payrna��l and ihe rren nt andop�ratlon of the Propeny. Lender may keep the
<br /> �' expenaes Inddant to taldnp and retalning possossion of fha Property perl Y ��
<br /> ` Property properly insured and may dischar9e anY taxes,ctiarges,claims,assesameMe and other flens whkh rnay aeaue. The expense and coat ot these
<br /> # ectlons may bap�Id from ttio Renis recafved,and any unpakf amounta shall he acldad to ihe prinGpal ot Ihe Obligatlons. These amounts,topether with
<br /> � � other costs,shall Yecome Part ot ihe Obllgatlons secured by Ihis Deed of Trust.
<br /> � e. LEASE$'AN���wlath any LeaseSo ot er egreelment Agreement)pertelninp'to the Prope� In addi►lpon��rantor,with�out Lender'si�prior�wrftten
<br /> a�Y PaY►n�t
<br /> consent,shell not:(a)collect any monlea payade under any Agreemem more than one month In edvanee;(b) modifY any A9reemem;(c)assign or a e
<br /> �Ien,aecurity Interest or othor encurtbrence to be placed upon Grantw's rights,tlqe and Irnereat tn and ta eny Agreemem or the arraunts payabie
<br /> thereundor;or(d)tertrinato or cancel eny Agreemant ezoep for the nonpayment ot any eum ar other matalai breach by the other peny ihereto. If Qrenta _
<br /> O�,to ehall�orrplly tYaw ra dea coc py o suaeh coBrmx�Nca1 d(end�any�sub tsequen�coammu�calbns�elatl�rp thereto)to ender. N such'Ageemgent es nd�� —
<br /> �•�� - the amounts dua to G►antor thereunder are hereby asslanedto Lender es addittonal seauNy tor the Obligatbns.
<br /> 7. COLLECTtON OF INDEBTEDNESS FROMI THIRD PAHTY. Lender shall be enlitled to notlly or reqiAre(3rantor to notily eny third perty pncluding,bu�
<br /> not Ilmtted to,lessees,Ileensoes,govemmentel euthailles end Inaurancecornpanles)to pay Lender anY Indebied�eas or obligatlon owing to Orantor wflh
<br /> auN exista under thls Deed of Trust. Grantor shall diligenity cdbct the
<br /> respect to the Properry (cu►►u�etively 'Indebtedness')whather or not a def
<br /> Indobtodnoss owing to arantw irom ihese thlyd perties untll the giving of such notilicatlon. In tha event that C3rentor ponsssaea a recelvea possesalon ol
<br /> . eny instruments or othertre�f�y I�ne�s�w�h�eas�orlihe�pa�mien tof a Y Insur�an�cogor oon1vdertriatbn Pr�oeeeds.td�torf shell n6hold such inctramenis and other
<br /> conatflute the prepeynxn
<br /> - pos�sesslon orf tha Instrumente�her rem(dances�Lender�be eimWad,but6 ottlequeed,toncolled(by Iegal procoedingor oihervvl�Lextend the �
<br /> ; time fa payrr�ent.compromise,exchenge or releaae any odipor or collaterel,or otherwise settle an ot the Indobledness whether or not en event of detaull
<br /> ( ex�ists�als fl pr���n�sulting n the etrome toN�Ithstandinp 8 the �IoRegoing,1e noihlr�i�ssf��a daEA pe�uise t Lehnde�I os be deamed h'a
<br /> 811
<br /> _ rtprtgagee•In•possosalon. ��
<br /> _ � 8. U8E AND MAINTENANCE OF PROPERTY. drentor shall take ell actlons end make enY reQr�ior s�haell�uao the�Prnopert yPrso ely In�rt�pll���,edit�� _____—_______
<br /> Grantor shall not commit or permit any waste to be cormdried with respect to the Property.
<br /> � applicable law end insurance pc�lcles. arantor shall not rtmke any elteratlons,xdditlons or IrtKxovemenls to Ihe Property without Lendera pria wrl�en „. __,_,__
<br /> consent. WNhout�miting tho toregoing,all alteratlons,addnions and Improvements made to ihe Properly ahall ba sub�ect to the benefidal interest beionging '(
<br /> ' ta Lender,shell not be removed wlthout Lenders pria written wnsent,end ahail be made at Ciraniw's sda expense. ,�w,•
<br /> � . -..ta_
<br /> g, LOSS OR DAMAGE. Cirantor shall bear ihe entlre rlsk of any loss,thefl,deatructlon or damage(cumtlat(vely"Loss or Damage)to ihe Property or eny r- :
<br /> . portlon thereof tran eny cause whatsoever. In the ovent of eny Loss or Dart�age,Grantor sh�l,at tho optlon of Lencier,repalr the aftected Property to its �r";Y ,
<br /> previous condition or pay or causa to be peld to Lender ihe decreaso In tho tair market valuo ol lhe aHected Property. ±��:,;-�,,,;•,-
<br /> 10. INSURANCE. The Property will be kept Insurud for Iis tull insurablo valuo(rep�acement cost)agalnst all hazards Induding bss or damago caused
<br /> ilaad,oa�lhquake,tomado end fire,theft or other I�et,�t The In u anncu poll os shall r qulre the insur�ence company o provide Lender w th ei Rst� � • . � '
<br /> c o i r p a n l e s e s a r o a c c e p t a b l e t o L e n d e r f n i t s c o l e d . _' ."��,
<br /> 30 days'wntlen notico betore such poltdea are aiterad or cance ll e d In any menner. Th e I n s u r a n c e p o l l d e s s h a l i n a m e L e n d e r a s a l o s s ,
<br /> pejree and pr6Vtde"that no act or omission ot Cirantoror any otherperson shall aflect the right ol Lendera be pald the Insurance proceeds pertaining to Ihe
<br /> � loss or damago of the Property. In the evorn Ciranta(aHs to aoquire or maimain Insurance,Lender(afler provlding natice es rrry be required by law)may
<br /> . In its distrotbn procure approprlate Insurance covetage upon the Proporty and ihe Insurance cost shafl bc.j an aduanco payable and bearing inlerest es
<br /> b
<br /> descril�ed In Paragraph 23 end secured hereby. (3rentor shall(umish Londer wfih evidence ol Insurance indlcating 1he requlred coverage. Lencbr may ect
<br /> as ntlomeyIn-facl for Gtanlor in making end sottling Galrts under insurance policles,cancellin�any pdicy or��tl��Ive Ad to Lender e lurl er s�y
<br /> - �_u_�......�..,a..�.i.su.n hv anv Insurar All such InsurnnCe pollCles shell be Irm�ed�ately aes gned,pleagea __,,^�L��M��t �QQ �Arh —_�_._
<br /> ___. .._ _.
<br /> � i�oy�.un.,.v n......�._...__.-•�-•- • - - _--------._..
<br /> fa the Obligations. In the event of loss,Grantor ahalt irtmediately give Lender wnaen noiioe ano�m���� e������<� ����--���--•-• •--- -
<br /> Insurance compenY Is directed to make paymenis direcity to Lender instead ol to Lender and C9rantor.Lender shall heve the right,at its sole optlon,to
<br /> eipply sueh monles toward ihe Obligationa w towardihe cost of rebuitding end restoring the Property- N�y amounis may at Lendora option bo applled In
<br /> the Inverse orde�r of ihe due datos thoreol.
<br /> 11. ZONING AND PRIVATE COVENANTB. Cirantor shell not Initiata or consent to any change In the toning provisions nr private covenants atteeting ihe
<br /> use of ihe Property without Lender's prlor writton consent. If aranior's use of the Proporty bocomes e nonconlorming use under nny zoning provision.
<br /> L�encbr with w►Ittern noticerol�any proposed changes to�lhe zon ng Prov�sons o Wprl ete oovenenis aHetirp he Property�r Gramor will inrnediately providc�
<br /> 12 CONDEMNATION. Grentor shell Irmiediatoly provido Lender with writtan notice of any ectual or threatened condormatlon or eminont doma�n I
<br /> procending pertalning to Iho Propttrty All rtanlas pa abla io Grantor irom such condermation or�eking ere herttby asslgned to Londor and shall be appllod I
<br /> t y
<br /> domafn pr�ed'ngs and ihon,ep h option ol Lander topho paymem oithoObli(gat ons or t�ostorationlor ropa�eof iho Proport�ndennatfon or emnen I
<br /> �I at+pe td 6
<br /> ' 1 Nc�OtO Re�29�
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