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<br /> ' (d� O�antor h�s ih�ripht�nd I�du-�uthorlsW to�x�cut��nd p��form It�Oblipatlom und�r thU Or�d of Trust anJ th�s�acUons do nota.nd � �
<br /> �hdl nat coMllot wlih th�provislons ot any st�tut�,npul�tlon,ordimnce,rui�of law,contract or oth�t aprament which may b�bindlnp on
<br /> Orantor at eny timr P rty; � �
<br /> p) No actlon or proc��dlnQ I�or th�ll b�p�ndinp or thn�un�d whtch mipht mat�rially aH�ct th�Pro • and
<br /> Ilmit�d�to,thoa pov�ml�np Hu�rdoul�N4�t�i��,�)whleh tmlpht mit rl�l�y���th�Prop�Ry o�L�ndtrrt pht�ur Inunst n th��Prop�lrry pursu�nt '�
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<br /> to MI�DNd ot Trust. � "
<br /> 3. PRIOR DEEDS Of TRUST. Gr�ntor npraant��nd w�rr�nri thu th�n an no prlor d��df ol tru�tt�N�ctinp any part of th�Prop�Ay�xapt as s�t i
<br /> then Or+tnta��yrti ta Pay�lt�mount�i ow�dT�nd p�torm�I�obllflRt on�r�ulrW und��cuch d�d�lo1 trwt andnh��d bt�dniu t�cund�th�r�by �
<br /> tnd tuAh�r�yrNS th�t�dNAUIt undar ony prlor doed of Vwt shell ke e defeuit und�r thli D��d ol Truet�nd sh�ll�ntitl� Und�r to all rlghts�nd �
<br /> � r�medl��cont�ln�d h�nin or In ihe Obllpatlon�to which Und�r would b�mtitl�d In th��wnt of any oth�r d�t�ult. �
<br /> � 4. TRANSFER8 OF THE PROPERTV OR 6ENEFICIAL INTERE8T8 IH ORAMTOR�;�I�d pR�hlM�idR I�Il of Rny Inten�t th�nln�or of all o�any
<br /> cantrnat}or deed or t��n�fn to�ny Mtwn of�II Ot any part of th�nal prop�ny
<br /> � b�nHicld Intue�t In Borrow�r or(3r�ntor (if Borrow�r or c�nntor n not r��piur:l p:ran orpe roone nut Is a corpontlon,Ilmltsd Ilabiliry eomp�ny, �
<br /> i paAmnhlp,trust,or othu I�p+tl�nttty),L�nd�r m�y,at Ib optlon,d�clan th�outstandlnp princlpal balana of th�Oblipatlom plus�ccrwd int�reat
<br /> I therwn Immedl�tdy due�nA p�y�bl�. At Und�r'�nqwst,Or�ntcr or Borrow�r,as th�caa mty b�,�h�ll turnlah a compl�t�etat�m�nt attinp torth
<br /> all ot iri stockholdsn,memb�rs,or pRrtn�ro,as approprlat�,and th��xt�nt of thNt r�sp�et�v�Own�rehlp Inta�ata.
<br /> ,� 6. ASSIGNMENT OF RENTS. In conslder�Uon ol th�Ob��g�Nons whlch ar�wcund by thls Owd of Truat,Cirantor absolut`ly aal9na to Lender RII
<br /> Orantor'e�stute,ripht,titte,Inttnn,cl�im and d�mand now owned or h�r�aft�r�cqulnd In�II suchil,ia�and�prNm nts tivh�th�Rwrlttsin o�r aralg, .
<br /> sxtensions,renewals and cubl�aws),all apram�nts tor ut�and acup�ncy ot th�Prop�rly( .
<br /> aeht to coi ect and nalv all of h�nb.�nwmi ncvlprii w�nuisslaiu�s,�profiu�nd oth�r Inoom�of uiyhnatun now orr h���ft�r d e(Includinp •:�+�
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<br /> � � any income of�ny natun cominy du�durinp any nd�mpuon p�dod)und�r th�Uas�s or from or ulsinp out ot th�Prop�rly.Includinp minimum —
<br /> rqnts, addition�l nnts, p�ranUp�r�nte, puklnp or common ana m�int���nw contributione,ux and InsurRnw conVibutlons,dsflclency nnri.
<br /> I Iiquidated damepss toltowlnp d�fauR In any L��s�. all proce�da pay�ble und�r any poliay of Inaurmcs cowrinp loss of ronri rosultlnp from ,; _-__ �
<br /> Praperty,n11l�prncMds dirv�d t om�th�t�mination oh���cton of any Uas�sn a b�an'k uptcy or'othu Insolv�ncy prCOCNdInfl,antd all ppuoc�sds trom .
<br /> any rightn and claimn of any kind which t3�antor may h�v��palnmt any I�ss�o undar M�Uases or any occupa�nts of th�Prop�rtyr(all of th�abov�are I
<br /> heraaftsr eollsctivety reisrnd to as the'RsnM'). Thls�salpnme�t la aubJect to the rlyht,power and authority etven to ths lsnder to coltect nnd�pply
<br /> the Rents. Thla asslpnm�nt is rocord�d in�ccordane�with applicabl�etst�Iaw;ths��cabie atat�aw a'a m d d from tim�osdT;b�spnpfas I
<br /> pertected,nnd choat�upon th�rscordlnp ot thle D��d of Truat,ali as providsd by epp
<br /> thea IB no detault und�r the Oblipations or this D��d of Trust,Lender yr�nta Grantor a revooable Ilanes to coil�ct all Renta from the Uas�s whsn j
<br /> dw and to us�such proce�da in Cinntor'e bualn�ss op�r�tiona. Howw�r,Und�r mty at�ny Nm�nquire(3rantor to dsposit atl Rmts Into an
<br /> account mafnta:n�d by Grantor or Lsnd�r at Undsr's Institutlon. Upon default In th�paym�nt of,or in th�p�rform�+nu�os an�d t r a perl�od i time I
<br /> Lender msy st its opHon take paasssslon of the Propsrty and have,hold,manep�,leas�and operaU th.nd Lend�r ahdl hav�full pow�r to mak� , _
<br /> ' that Lender deems propsr. L,snd�r may procNd to callwt and r�iw n�l R�nri trom th�prop�rty. 'y
<br /> � altuaUons,r�novadons,npairo or nplacemmte to th�Prop�rty a l.end�r may de�m prop�r. Lsnd�r may appiy ail FMnte in Lsnder's ea��dlicnUon ••�
<br /> to paymsnt ot ths Obligatlona or to th�paym�nt of th�coat of nuch aRerations,rsnovations,npatrs�nd nplaamsntsendbr ma xk�ep�the Ptlop�Ry
<br /> qMny and nrilning poaa�asion of the Proputy p�riodically and ths mana�ement and opentlon ot ths Propsrty. Y . '
<br /> propsriy insur�d and may dlacharg�any tuns,chup�a,daims,ass�atments nnd oth�r Ilana whlch may aocrue. The expsns�and cost of th�s�
<br /> actlans may be paid from ths Rmtn rscsiv�d,and any unpald amounts shall bs addsd to the principal of the Oblipallone. Thesa amounta�top�th�� r
<br /> with other costs,shall becoms part of tne ObligaUons aecured by thla D�sd of Trust. •
<br /> 6. LEASE`u'AMD�3tiiEA wCaAcEiviciST�. Cr.r:lar:.hs:�rtot Ml�w nr Mn to tek�any sotton whlch may caues or p�rmit the t�rmination or ths _ ���-
<br /> withholdlnp of�ny paymsnt In connecUon with any Le�ae p�rta�n�n9 to ths Propsrty. In addition.Onntor,wlttt0ut i.endet s privr wiiCei�tAtsSLS:.sh�!! �;
<br /> not: (a)coli�ct any moniss payabl�und�r tny Lsas�more than ons month In advana:(b)modNY any Uaf�; (c)aalpn or allow�Ii�n,security =:`., .`•�,
<br /> imenst or other sncumbrance to b�placsd upon dnntor's rlphM,tiUe and Intenat in�nd to any Lsas�or ths amaunte payabl�thenund�r;or(d) r
<br /> terminats ar cancei eny Leaas excspt for th�nonpRymsnt of any sum or oth�r mat�rial breach by ths cther party thsreto. M Oantor ncsiv�s at any i� s��
<br /> tim��ny writt�n communlcaUon ass�rtlnq a dsfault by Cir�ntor under�Lsss�or purpoNnp to t�rminat�or canosl any Leass.Orantor�hail promptly ';
<br /> forvrard a copy of such communication (and any subs�qwnt communlaatlons nl�tinp th�nto)to Lsnd�r. All euch Leas�s and ths amounts d��to "'f�i ,} .
<br /> C3rantor th�nund�r an he�by aaslpn�d to Lsn d�r as a d d l t iona l e a c u r i t y f o r t h s O b l i p s t i o n s. y ndudiny, �•
<br /> 7.COILECTION OF INDEETEDNESS FROM YHIRO PARTY. lend�rshall b�entitleanisi�to� ay Lend��anytind bte�sa orhoblip,tl�on owfnD to j;
<br /> f bu1 not Ilmit�d to,I�ssNS,lian�s,oov�rnmontal:utt�odries cnd lneurence comp ) p
<br /> f Gru�tor with nap�ct to th�Prop�rty(cumulatlwiy'Inc��btedness')whether or not s d�huk�xisri und�r this ONd ot Trust. GreMOr�Ii+�ii J{►IponUy :'
<br /> collsct ths Ind�btedneaa owinp to Grantor trom thea�third paRies unUl the�Ivinp ot euch notfNcation. in th��wnt that�nntor post*s�s or rsaiws �
<br /> �� p osssulon ot any InsVum�nts or othsr r�m ittances w i t h ns p�c t t o the Indsbted m=of��n��ana or�cond mnatlon pr�oaed�a xntor sha i l h o l d __
<br /> !� other romitwnces conaUtuts th�prapayment of any Ind�bt�dnsas or the payme Y
<br /> !' such Instrumente and othv nmittancss in vust tor Lsnd�r�part irom Its other prop�rty,�ndore�th�Instrum�nts and oM�r nmlttanas to L�nder,
<br /> ,�� �nd Imm�dlat�ly provid�Und�r with poss�ss�on ot th�InnrurMnri and othsr nmlttanC�s. Lsnd�r ahall b��ntltl�d,but not nqulred,to colNct(bY 1 . •,':
<br /> �eyai procNdinps or oth�rN�a�),�xt�nd th�tim�for aym�nt,compromlas,exchanp�or raURS�any obli�or or collat�rtl,or oth�rwlw e+ttl�any of
<br /> �� mlitaks,otmiaslon ondslay pertaln np o the aatlo e d scrib�d inthis puaQ ph or any damsg�s ns itln�th�n o�m t Notwithstand np ths torpoiny, [��
<br /> i'� nothinp h�nln shdl caua�l.end�r to W d�amed n mortpap��•In�poss�ulon. � ��-_
<br /> . !�i !. USE AND MAINTENANCE OF PROPER7Y. Ormtor shall taks di actlons and mske any npairo n�M�d to malnUln th� Propsrty U pood `.,L
<br /> condition. Grentor shall not comrr�it or p�rmit any wast�to b�committed with nsp�ct to th�Prop�rty. Onntor ahall us�the Property eol�ly In
<br /> compliance wllh appllcabls law�nd Inaunnc�pollcl�s. Orantor shall not make any albrntlons,�dditlons or Improvem�nts to th� Prop�rty without •r;��„
<br /> ;� Lender's prlor writt�n conssnt. Wlthout Iimitin�ths foroQolnp,NI aiter�tlons,eddiUons end Improvem�nts m�ds to th�Propsrty shell be subJ�ot to , ;;.:;�
<br /> � :� the beneHclai IM�nst belonpinp to Lendsr,shall not be romoved without Lender'e prlor wdtt�n cona�nt,and shall b�m�de at Grsntor'a sole sxp�nse. .,__ -
<br /> 9. LOSS OR OMMfiE Onntor shNl bear the entiro dak of any lou,theft,destruotlon or damaps(cumulRtivNy'Lou or Oamage')to ths Property or ,�__,.,�
<br /> � �ny portion ih�nof from any caues whsteo�wr. In the wsnt of any Loss or Deunay�.GrMtor shall,at th�optlon of Under,ropllr the atfsctsd _,.`_
<br /> ' Prop�rty to(ts pnvioua conditlon or pay or esiu�to b�pald to Lender th�d�cnass In th�tair market vaiw of th�aft�ct�d Prop�rty. •.�, _�
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<br /> . 1 0. I M S U R A N C E T h s P r o p e r t y wlil be ks pt insured tor Ita��ll Insunbls value (ropi�ammt cost)a yRVnst all hu�rda Ineludlnp loas or dam�De �i$,1`,;r��
<br /> ctuNd by flood.�art►►quaks,tornado and fin,Msft or oth�r c�waity to ths�xtent nquln d by l.sn d�r. Gran t o r m a y o b u l n i n s u r�n c e o n t fi e Pro p�r t y S.,�.,•;...�;• �
<br /> trom such companles as •acaeptable to Lend�r In Ib aol�diacntlon. Th�Insuranc� pollc►�s shall nq�+in th�intur�na comp�ny to provid� •�••r;:•:
<br /> Und�r with at Isaat �b daya'writt�n notla t»fon such policles nrs altered or cuK�ll�d In any manmr. Th�Inturana pollcies ahall
<br /> nam�Lend�t u a loss payss and provid�th�t no act or omleslon of(inntor or eny oth�r p�rson shdt att�at th�ripht of Und�r to be paid Ms
<br /> In:unna pr000�ds p�rtainlnp to�b loa or�dam�a��tllechetian p ocuro app oprlat�I�nsurmcs+eov��ps4upon th�Property and tfi�Inaurance cost �
<br /> provldlnp notloe ae may W rpu y ) Y
<br /> shnll be en advxnce payable and bearinp Interest ns deacribnd In Parayraph 23 and sncured hereby. Grantur ahall furnish Lender with evldence of
<br /> Insurancs Indloating the requlred coverafle. Under may eot aa attorney-inAact tor(3rantor In making and serillnp clalma undsr Insurance polldes,
<br /> cancelling any policy or endorsing arantor's name on any dt�ft or n�gotlable Instrummt drewn by any Insursr. All such Inaurance po�lcles ahsll be
<br /> Immsdlately usigned,pledg�d and delfvered to Lendsr as furthsr wcurity for ths Obilgatlons, In th�w�nt of Ioss,Orantor shall Immedlately give
<br /> i Und�r written notico and Lunder fs authorized to make proof of lou. Eech Insurancs company is dlrsctsd to make payments directly to Lender
<br /> Instead ot W Umd�r and(3rentor. Londer shall have the right,et its 6ole optlon,toapp ly such monles toward th�Obllgetlons or toward the cost of
<br /> rabulldin,unaE restorin9 the P�opertY• A^Y armu'�a may at Lendsr's optlon b�applisd In th�Inverss order of th�due dateo thersof.
<br /> 11. ZONINQ ANO PRIYATE COYENANI'3. Cir�ntor shali not Initlats or cons�nt to any chany�in th�zoning provislona or privats covenant�aN�cting
<br /> th�us�ot ths Prop�rry without Land�r's prior wrimn conant. H drantor's ua of M�Prop�rry la or b�com�s a nonconforming uss under any=oninp .
<br /> provialon,Orantor shali nct oauss or p�rmit such ua�to b�dlsconUnued or abandonW vAthout th�prlor written conaent of Und�r. Cirantor wfll ,
<br /> Immediatsly provid�Lsnd�r wlfh w�ftten notice of any propossd chanyss to the zoninp provielons or private covsnanta nHeatfnq the Property.
<br />_ 12. CONDEMNATION. Gr�n'or shall Immedl�tely pto�����Le�d�^*nr��fr m tteuch ca d�mnaH n or t kiny ant he�sbyassi9 sd to Lender and sh U be
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<br /> procewmp p�ri�ininp io i7�:�t�r,:�.�. .-.��.......�..r-�—•-•- -�- -- f
<br /> �ppll�d flrst to th� payment of Lender'a atturnsys' fees, Isgal exp�ns�s �nd oth�r coYts pneludlnp appnisni t�es� in conn�ciivri ..i��� ��a
<br /> condemnatlon or emfnent domatn procesdtnqs and then,nt th�optfan of Lender,to the payment of th�Wllpatlona or th�tsstantton or repalr of the �
<br /> � 13.HDER'S RIGHT TO COMMENCE OR DEFEND LEGAL ACTIONS. Cirantor shall Immedlately provlde Lender with written notice of any actual `
<br /> 1 or threat�ned sctlon,sult,or other proceedlny eHsctiny the Property. Grantor hsreby appolnta Lender as fts attomeydn•taCt to commence,Intervene I
<br /> • In,�nd def�nd such�ctiona,sult3,or oth�r legal proceedinga nnd to compromlas or seril��ny clafm or controveroy pertalning thereto. Lsnder shs1l I
<br /> , esut�t nq th�ntromr�nNothing conte�d h�rs�n wul paswnt Lendsr f om taking t�Iactlona d�scAbed In h�a peragrlaphhn$Itpe ownr nam�r any dem�gea
<br /> � 14. INDEMNIFICATION. Lsnder shsll not assums or be reaponelble tor the performence of any ot Grantor'e obllpatlons wlth respect to the Property i
<br /> �� und�r any clrcumntanaa. Cirantor shall Immedlat�ly provld�L�nd�r wlth wrltt�n notics of and Indemnffy and hold Lend�r snd Its sharsholdsra, I
<br /> dlnctoro,oHlcero,smployeea end agsnts harmless from µII clalms,d�m�ges.IIabIlftlss pncluding attorneya'fess and Isgel expensea),causss of
<br /> actlon, actlons,aults and other legal proce�dinge(cumulatlwly'Cltlms')p�rtalning to th� Property(Including,but not Ilmlted to,those Involving
<br /> Huardoue Mat�rlals). t3rantor,upon th�nqwat ot Lend�r,shall hln I�yal counstl to dsf�nd Lend�r trom such Clalms,and pay the attorneys'fees, �
<br /> � leyal exp�ns�s end othsr costs Incurted In conn�ctlon th�r�wlth. In the elt�rnative,Lender ahall be e�tftled to employ Its own legal counsel to detend
<br /> � such GNme st(3nntor'6 cost. Grantor's obllpatlon to IndemnNy Lender undsr thln p�ragnph shall survlve ths terminatlon.releese or toreclosure ot
<br /> this Dsed ot Truat. \�
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<br /> LPhES�f B f�FormN�on Techno�og�ef.inc 1���O/BGl I8001 0.77 J7BA
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