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<br /> . ___� _ ._- _ _. .. .. . . . .__ . ._ . .._ __. _.,.__. _ _ . ___._._..__.':_.
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<br /> .. � ' ':ia::.v:t' :-..�;��^„° ......_.__.. _ ._......_`... . .. ........ „ .. _... ,i: .° ..'l�. . . c. .. .. ' :r: . .. , i -. . ./ ,....59! �` . . _ �. �t•.
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<br /> � - ��- ���� 9����� - �� , , `.
<br /> � -- _'�N:� . or obso:ete. pmvided t�sat sud�petsoaa'prvpecty is nplan�i�ti��,o'�persw�l psaperty at least equal �a�value ta t� �. . . � -
<br /> . : ,` . ° j ceptaoad persoaal pmgerty. free from aay dtte reteniboa dev�cr. �isy ��e ot other �cu�nbr�. S1:c2, . . �
<br /> g rep2acemeaa of persanal pmpeny arill be de�ncd subject to tRe�y ira�test cc�ated by tl�is Deed of Tnut.Ttusror shali , _ .
<br /> � , • 1 not paarition or subdivide the Property witaout 8eneftsiary's pEioa w�ittcn consent. B��ciary or Bene&ciary's ag�'s .
<br /> , ; may,at BeueRciarY�s ugt�on.enter the Property at ang reaso^.�tp time!or the p�ar�aase oY iaspecteng tfle Propeitg:Aag � .
<br /> � .�� ± inspection of the Pmyesty shau 6e entimly for Benefician�'�b�tlt and Trostor vriU m ao�sy reIy on Beaefin.�'s ; ,
<br /> , � � mspeca°n' . � ;
<br /> . ` 13.Atl'�'HOR�Y'i'O PEEiF��1.If Tnutar fails to perfnrm aay ai Trustor's duties u�der thiq Deed of Tnisc.or aay oth3r s � ° .
<br /> . „,;.=;';:. �rtgage.deed of ttust. secu:ity a�eeiaent or ot�er li�n daeuraent that has priarity mer tbis IIe�e�!of Tnut. Benefcia�y . .
<br /> = -�' . - = maY,mthout not�ce,p�rfn�th�dnties or ra�se theat to 6e pecfemted.Tnutor appomu BttatR,.�iaty as utomey in f2�to -- -:-- -
<br /> � sign Trustor's name or gaY anY aunuum uecessary far pesfonnam�r.[f any conmustio�os►tha P[operty is�isconiinuxd or -
<br /> . not canied oa ia a�easonabte marmer.S�eficiar�r may do whateves is aeo�to pmtect Brneficiary's seauity interest . .
<br /> :� in the Prapeny.'i'tds may inctude oomp2e,t�g the��tion. . ',___ .;: [
<br /> .� geaeffaaty's rig�t w perform for Tsnstor s�all aai aeate an obtigation co pe9rfomi. and BenPfi�iarg's tailure to sm .._ , x" '.' .
<br /> P� ,,;�.��''�=�,>�.
<br /> . vyill.unt�elude BeneficiarY from exe�cisiug any of Baaeficisry's other rightc imder the taar or this Deed of Trnsc. PiaY -: t;,�':.: ;:
<br /> amnunt� sid Be�ciary fot lastujng. Pteservia8 or otteet«�iss proteetimg the Ptvpecty aud BeneRciary's�iY. •�,."';1?f`_;;.:•:,�'''�,
<br /> `•,. ,.� . ��
<br /> i�wFi'il �e os�demand and wt71 beas interest from th�date of the pay�ment until pai�in fWI at tf�e int�st t�te iu. °?; �<.;;r�,r;;.,.,t;:�'id�P'-�
<br /> " , � � effect fram time oa drae�aecordi�eg w the te�ms of ehe Hvideaoe of Deb� • .``f, `" •; . ' ' -
<br /> �f "��
<br /> . '� • .,•. "
<br /> � as additiottal all the '�� ,�
<br /> �*. ;;��;!t>��',gL��l,�'�. �£!�1i:1�AS��IdEt L3�NaS.Tcustor irrevocably grauu. conveys au se3ls �Y �, , ..
<br /> ' ,a� �� .���:
<br /> � :�c,:c�l'�aad ia�C i�aad to any aad all: . ::,. _
<br /> .k� ,;19,, �,'r.�puig ar Cufxue leases,subleases.lic�ases.8ua�anfles and any other writtea or verbal agce�for the u�e and , �f----
<br /> t��'.
<br /> rr• =` , o�P�Y o��F�rtioa o€the Pcvgetty. incIudiag any extwsions.mne�vals,ma�ons ar substitu�ans of ��f
<br /> ��fi i f� - `� , ' sttch ag�(a!1 sefened w as"Is�ses")• , `
<br /> `�,; `; �,Y II. i�pstts.is�� tofits lall:efereed to as"Rents').including but noi lunited to seauity de�asits,m�ni�um� 5s i. ���
<br /> ` '°� � ��� ' �` ' `aQddiuoual tmt, area maint P�� �5�• tral estate taxes, � .� "�' '''
<br /> �.:: :
<br /> �. .... �
<br /> enance charges.
<br /> mmoa
<br /> ` �' < <r�u':1:�•�; ; � ���, insuiaaoe piemium conm"butioas,liquidsted damages follo�dcfaWb caaceUation p�, s�, �':
<br /> ' �`••*�tr��1s"i�rano�n�remies.myalaes.Pmcceds,bonuses.and aU rights�d claims wbich Tnutor may have ;'�
<br /> s����� ,'��� , em of We whflle or an art af the . + � t'.°- _
<br /> j,` ��m�,�c�grtaias ta or is oa acxo�i of the use or occupanc,y Y P ��• ! ��,�
<br /> ��'` < . with uae and wsrect copies of all efc�stiag aud firtuie Leases. Tnutos may t�;�
<br /> � . . � Tmsso�wikt pr�'��Sibe�ciazY
<br /> .t
<br /> "'i,f` + oolle�i�ee,.e�y�a�a�d use�t�l�eats so tong as Tiustor is aot in defanl�T�stor w�71 n,ot ool2�ct in advauce ar�t�±s �;,� t.
<br /> ,,��a, . ��. . • •
<br /> ���y. due i�5it�rie tease�ads, ua2e�'8instor fust obtains BeneRciary's wriuen conseat.�1@co�default,Trastor will t�� . : ; '
<br /> �' � � • ��F,' � any R,�ts�ixtt�t i'nr�enefic�ar�►aad Trnstor mll aot co�ingle the Renu with a�►at�froads.Auy,amouats oa��� t',�.� , <
<br /> ,'. � '�� � sbaU�e•�giiai.���iciary's discretion w payments on the Sea�red Debt as thenein gro��sd,w ox�of mana�ug ffie �: �r .:;
<br /> '1!t � t t%t��n � �,-tid not limited to,all [axes.assessmeats, iasuraaoe p�emiums,r�«�oa�isssons to tental , .:a�.��,
<br /> ����. � s�u�' aS�,'�y3;��n�ssacg related expenses including�eficiary's attnmeys'feefr Liacateg�[f�'o^�oo�E cR�. ;l - � _
<br /> ry�".��r�".�'': � is e r fect e d u on t he reco r d i ng o f t h i s ��g'II 1 v s�t.a�k i���Y�� . � `� �r
<br /> Tra�3�a��3�•r�at t�s� P p
<br /> .. • � .. �i�a��'s ma��i�`%�Truswr s'�enan�s to make paymrnt of�rnts dne ar to b�oarne c�a�.�:'`f�?�f�. � X
<br /> � � .._ . -; . B�=t�t��;S�i::aaly on defaWt w�71 Beneficiary notify Tnistor aad Ttustor's te�ants aast,ma)�;��t t�aIl _ ,����
<br /> .•'fu.�1.��'�s�se�'pav,�•c�zectly to Beneficiary. On receiving the notice o f de f a u lt, Trustor wili���=de�`�:er w .. ,'��
<br /> . ' �������apu�au of Reat in Ttustos's possessioa � � :�,. Ti"�.�.�'
<br /> . , �,�
<br /> � � � licabte landtord law.Tn�stor also ooveinaats aucl � �es ' '" �'
<br /> ,, � Tnisa���°���ai no deFauIt exists nuder the I.eases or anY aPP �`- ' `1���-
<br /> �•. to mai�,�s�,�r,r�yuire the unants to comply with, the lxa5es and anY aPPlicablc law.Trustor ariU Pra�agd�ma�Y � p r,�,..�_.
<br /> r ' Beneficiaty a�su�':?��smplianoe.If Tn�stor negtects or mfuses to eafosce wmpliance with the te�s a�e6�L�.�,.:�ea . ,;., -
<br /> u
<br /> y ' Beaefiaazy r�:,�c:'�13�aeficiary's option, eaforce compliaace. Tnutor will obtain Beneficiary's a�a'�u aut�o��an f �;. �+r,rrs�-
<br /> n a.��tfY�T'�fi�A�,:'
<br /> ' befom.'�i�ar��to sab4es.modify cancel.or othernise alter the l�es.co acoept the surren��of r�e�� � .
<br /> s . � cov�l;tb�t�§�sdi'�ses(untess the Leases so reqoue�,or to assign.oompromise or eacumber the Leases or z�Y:fi� ,''•��.yli�,
<br /> . . Rer�:~'���.r:vr,vn7Z�i�oid Beneficiary haimies.,and indemnify Beaeficiary for auy aad all liability.loss�or dam2�e�� ': � °,�"f 4 v.�
<br /> . . g��"° us�:as a consequence of[he assi�t un8er this seaion. � • �' �i���'�p�s—
<br /> ' *�..�f
<br /> ;� . _ �'i 'u�'?.�F.RL�� , }}��r..; ;t ,.
<br /> �� 15.CON40MINI�.111a'S; PLANNED UNTP DEVELOPMENTS. If the Property includes a unit 1a a condominiums or�a ' � � t�,�
<br /> ' pla�tiai upii developmeat,Trustor will perform all of Trustor's duties under the coveaants,by-laws.or regulatioas ef tAx � � � �
<br /> , ,i ,� � <<f��r
<br /> . � arrrri�amiaiuu�or plaAned�it devetopment. ' _ ,��� ���'�.
<br /> ` , �", {��,�::.
<br />_�•,�� ° . . .. . �,�to.'. -
<br /> _ '�6.Dk�AQJ9,.9'.Tn�swrwill be in defaiilt if any of the follo�ving occ�u: . � � e.,: �:
<br /> A. AnY P�3t�!�dgated oa the Secured�2e4t fails to maatce payment when due: ' . ' •. '
<br /> m e
<br /> � � � �. A breacFt�f�y te�m or covenant in this Deed of Trust.any pr�or mortgage or any cons�ction loan aglv�wt: ..
<br /> _' resuriry a�ment or any other dacument evidencing.guarautyiag,securi�g or otherwise relating to t�e� . : . .
<br /> ��' �� ' , I3ebt: , . „ �
<br /> � ' .. C. 7�he matring or fumishin$of any vetbal or written representation.statemeut or warranry to Beneficiary t�aF ns�sise :: �.�
<br /> %'.:�• • or incorzticE in any materlal resPera by 1lrustor or any person or entiry obNgated on the Secured Debt: -
<br /> : ,,,, , .
<br /> x�-+ _ D. Tir�death.d;issuluuon,appuiatmeuc uf a rea�iver fnr. or applicativa of any�Iebtor relief Yaw cv.'frus[or or any
<br />_".;;� , .. � , person aY�S+obligated on the S�Debt: � . . ' � . .
<br /> r. i� �A.,g4od faith�belie�Fsy Beaefce�ry as any Hme that Benef3ciary is insecure�rith respec�eo any persaa u��rinr :. . �.
<br /> �,�1; PmsPe�t YPaYmen imP �Y �0�' `�
<br /> �a ',!,�;,�' . � . al�di on the S�IDebt or that the of an t is aired or the Pm is . �
<br />.,., . '�;.�,,i.i� "�. �.m�az��"at adverse chaugc in Tcustor's 6usiness insiuding ownetship.manag�nent,aad financial candiuun�„w�,. . ,. `
<br /> °=' . • ' ' ' ' .{3eneGciaip fn its opinion believes impairs tbe value of the Property or repayment of t�e Sesvred Debr.ar ' !. .
<br /> '�� ` E3: Any toan proc�ds ane useA for a purpose tLat will oontribute to exoessive erosion o�Ai�Ty erodiisle tand or ta dLe . ;. �`1:
<br /> � �� conversion of�vetlands to praduce an agrtcultural caamwdity,as further explsineQ in?C.f=.R.Part i946.Sabp�rt :r. ''_..�•
<br />- . G.Fxhibit M. . .
<br />-�`� ,' � 17.REMEIDI�S OT!DCEAiJ�'�'.In some instances.federal and state taw will requa�'Senefictary to provide Tnistot wlth .
<br /> - � nodce of the ri�ltt to cure. mediation notices or ather aotices and�may establish tlme sshodules�for forecInsure actions. • .
<br />-=_- � � � Subjea to thes$limitarions. if any. Benefic'�ary may acceterate the Secured Debt and foreclos�chis Deed of Trust in a
<br />�;; . , manner pmvid�by taw if this Tnuwr is in default. '
<br /> n. . . .
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