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<br /> � � L. Notarithstaading�s��:.�language cantaincd iu this D�d of 71�ust to the ooatrary.tt�e te�ms af this seaioa shafl .. ' .- ,
<br /> . � survive any foreclosure or saticfastioa af tLis Deed of Trt►st regardless of any pacsege of title to Beaeficiary�ur aay ', �:
<br /> .� disposidon by Benefiriary of any or aU of the Pmpercy.Any claims an�defenses to the oontrary acr hereby waivrd. . ' "` , �
<br /> ' � ! 20.COWTs11iNATIO�I.7'�ustor will gi�e Beneficiary pmmpt notice of any aciion.teal or thmateaed. bY Prieate or public . .,. : �.
<br /> •. ' •f entiues ta purc2�ace or take any or a11 of the property.includin�auy�ts.thmugh wademnatYon.cmineat domaln. ,
<br /> . �,. � or any oth�meaas.Tn�stor further a�ees to notify Be�ficisry of any pruceedinss instituted fos tLe enabiis�nxat of aqy . , .
<br /> sea,�r,�aier.conse�vation. ditcb. dtaiaege. or othet district ielating to ar bindiag upoa the Property or any part of it.
<br /> - L � Tmstor authorizes Beaeficiaryr w intetvene in T�u�.2or's name in any of the above desedbod actions or daims aad co ooltea ;,...:c.'�: .. . � .
<br /> -- -�-- a �d teceive a!1 stua��tting fmm the action or c3aim.Tinstor assigns to Beaeficiary tBe pmc�ds of aay award ot claim f,�:``�.._--.._ ��,:
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<br /> ` � for damages conneMed wi�h a oondemnation or othcr taking of all or aay part of t�e Pt+operey.S�ch pioce�ds�be - �
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<br /> � � considered payments and w�l be applied as provided in tLis Deed of Tmst. '[his assignmens af pmoeeds u subjact to the �.,�%�;.
<br /> tecros of�ny prioi sea�rity agrer�nent. . _ _�..t�;s;�
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<br /> - 21.QIS�TIt�lrTCE.Trustnr a�e�s to m�afimsin insuance as follows: .: �- - .i�:�'f'.-
<br /> • �u.�;`:, ` A. T�ustor sGatl kcep the Progetty iasiued against loss by fue.theft atr�othet hazards and rislcs reasoaa6ly�nciated .. : ;
<br /> . �;��'e�;`.:'• � with tite Fmpeity due to its type a a c�Iac�atiea.Q t h�h a z a r d s a a�t r u s k s m a y i n e t u d e.f o r e a a a t p l e.c nv e t a g e a�a i u�i c.,, .°": �, �
<br /> inn��� � j� maintait��i in the amouats and fot the pec[uds tilat :'�.._.•.
<br /> ` `'� •'";�s� toss due to floQds ar ftaading. This , '• '::,
<br /> `<` •;;�.. 'Ihe i�surance car[ier pmvidiug dte insurance sIiari be chasen by Tnutar sibje�c ta L.'� - �,,,,,;.;
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<br /> � �fr.<�� - . .. ��•s�appro at. v��sich sball aot bs an�easanahty vvitHheId. If Tnutor fails to maintain the eaaersge ;
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<br /> . ` , ° � � tt�scn'6ed alwve,Beaeficiary may. as Beaefiaary's oprion, o6taffi aoverage to protect Beueficiary's rig6ts ia the �:-;,�^:
<br /> . ;<i� . . �+rnperty avcordiag w the[et�af tIus Dead of Ttust. .. —
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<br /> ,� . 'AII insuuance policies�ult c�newals shal} be a�cepcafi�Ie to &neficiary aad s�all include a standard"mortgagf f� tf.�.�
<br /> �:%�`.,�,�,��' � � clause" and, where agQ�s.r�lr`�, 'beneficiary loss p��c�az c��ase.' TrascoT shall immed�atety nodfy B�� � . -` ,�• -
<br /> •�, . .��`,r . qaceUation or terminau�of the iasarance.HeaeBciary shall Uave the right to hold the policies amd reuewals. ° �=
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<br /> �t� � -. Ttustor sbaU �unediately gn+e w �� �P�of pazd paemiums �d r�aeaeat �� �'"'g"t�,.-
<br /> ,��°" HenQ�eiarg�ci�ires• �ce eanier aad Benefcciacy. Beae�en�y may :: ��-
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<br /> "' , notices.Up�on.li3ss.Tn�stor shall give�11f111en;?s uoua.°to[�e . .
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<br /> �;:ti ., mage pmof of loss if not made immediately by Trostos_ ,., .�
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<br /> :. • ;.� g ins�uance mcceds shalt be app➢i�t na�estogatia�r Qr .�:�?��
<br /> �,. . BTaless Beenee8ciary and Trastor otheawise agree ia writin , P � �;-.
<br />;; � . :` .. c�p a i r o f c�e�a n F�Y��8ed if the restoraaon or repair is eronamically feas➢bie aad Bea�'s s�cuurs'�g i�uot
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<br /> � :s�,� ' • ' a-oufd:me i�.the �• :'. '
<br /> , �Iessened_TS'.�9's��estoradon or reQair is not eaonomically feasibte or Benefcciary s secuxiry
<br /> : � whet�er ar not t�eQ due,arith any excess paid ta Tcuswr. ��`.
<br /> . ' ;�,,': � itssur�ae��F s1�at3 he apglied t�ti�Se�ured Debs, , . }. �, .
<br /> ,fa E�.ry •:if 7Yustar Ss,��peszy.os cf,n�aot ans�ec•�30 cfays a no6ce from Beaeflciary that ihe�aace t. � ��.,f�
<br /> ��r�'r i . . • carrier has a���'�a c�a�.ttu�BzaeE.da�A�"�colieci t�e iasuraacc g�.�cee�ds.Beneficiary ma�ns�i3S� '" -
<br /> �� �``i'�� pmcxeds w•c�.�S;rfz!��'�tiie Pmg�a�t ta ga}��#ie��.zzr�d�Tebt whet�,er�s�;thea due.'I8e 30-da��i�wi. < < <����,�.+�,+��
<br /> .. z �4.• �b���is�t�w�t5i�'�s giveu. ... '. ., , ; ,,� �'��
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<br /> �� � � •`.:�':-. ' � , •,. . 3 of r�+eds to priac� sba11 not� � ` . '�°:�
<br /> � : Ualess�i���t q��vi�ag� g y� , � . �� �
<br /> in a�rit� ,an l�?
<br /> . . ; or p�stpop��s+du-e'3���sshedtited payments or chaage tHo arrd.is�u;��[he�.t'�euts. If the Perty is�. . . :.- ;:��:�
<br /> , -..�-r.� by BeneSciary,Tnis�f..�s�ri�ht ta any insvrance polict�s and pmceeds r�vltln�f�am damaSe w the PropertY.i�re � ; •, �' �� _;=
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<br /> . the acquisition shall ps�!�Beaeficiary to We extent of the 3ecured Debt immediaely before the ac�quisidon. .., �.: ,�,��
<br /> B. Trustor agmes w m�ntain comprehensive gene�al liabiliry in5uranee naming Benefcciary as an additional in�scdd in �,g.�-�.
<br /> � � � an amount aeeeptable w Benefcciary,ia�uin8 a8ains�claims azising from any accident or oecucreace ia or oa the ;�;__�
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<br /> b Beueficiary, in�an amntmt r:. ?��'r�,
<br /> . � ., � `: ' C. Tnutor agees to maintaia mntal loss or business intercuption insurance,as requi� Y - �s+.�--
<br /> t,��'' equal to at least coverage of one year's deht servioe,and reyuiced e.scmw accouat deposits(if agreed to s�.�lgty _
<br /> �rarxt-
<br /> - �Z�,'i� in writing).uader a form of poiicy arceptable to Benef ciary. .�,.,' . '-�-
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<br /> � . Zt.NO ESCR0�11 i�YJ3�:TA7�S AND INS[d�14Q:E.Unless otherwise pmvs�ed'm s s�parnte a�<Trasto�ias�,�ot . :�•, ''. �"
<br /> . ' 6e�equired to gs�art3�neficiary funds fot�a.s��ce in estro�: "' , ��'•;
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<br /> � " • Zi.T�t�tc'�AL R��Oflt1'S AND ADDYfI01VAL Y30C$IIti !e . Tmst�t will provide to BeIIefiCi?.t�'cpa1��s�1�:,any • c�,�r�
<br /> �� fi�dal statet�t.or mfo�on Beneficiary may d¢em.if+�xssa�ry. Tmswr aarr�ts thaz a11 fi�a1 sta�r�si:�;apd ' � . -.F.
<br /> � infvc�an Trns�sst�pmvides to Beneflc�are, or w1E�1�, accunte. conect, and comp2ete. '['ivst�ls aar��1►�-�i�, �.
<br /> ..� ' deli.vcY, �fi1.�'a�:Beneficiary may reasa�raJily requesc� additioaal d�acumenu or certifccatia��,�a�G.l3ene�CCi�u�►"arey � °..�,
<br /> � • � vms�ider n�y�iN�erfect.amtinue.and preserve Tr�scor's obligatiaas.under dais�ed of Tntst..a�rb`BeneficiatY s Sien ;: : `
<br /> ` . . : �ns�t$e�m�y.if Tzu.�cs�fails w do so.Beneticiacp may siga.�e��ver.aad fiir shrh•daaurieau or oerti5�io . `
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<br /> T�tor s name afld Trasccss.li iaevucabl mts B�efici or Beneficiary's�a�cua as attomey in fac:r��o�t�e � ': ' s�;:'•���`,:�
<br />`e , '�;Sj�;r`¢j;E;.� � lhiflg9IIC005521y t0 C011tplp WN�Y t�13S SeCtlOD. � • ' �' ,.��,�jh
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<br /> .� .�,r1,S��`e�;;:�; Z4.aOINT AND tNDMDUAL LIABILPf'Sl��O�,gHGN�RS: SIICCESSOAS AND ASSIGNS��DJ1VD All duties under F,. `.
<br /> ,;,;,;�;,i,. .. this Deed of Tnut are joint and individual.If TYVStor sig�s this Oced of T:ust but daes not sign the Bvldence of Debt, ,�;;�,
<br /> � s� ,,..: ' 'Fcvstor dces so onty to�ortgage Trustor's inoes�se'vx che Property to seenre payment of the 5ecund Deist aad Tnrstor : r ,�`
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<br />"� ;�j,,°.J', ; dorzs.nvt ap,ree tu be pereoi,ally Iiable on the Secut�i Acbi. Tmswt agrtxs that Eeur1"uciary aud any party tu�is-F�e+ed uf :
<br />°:i ' ..�f,E�i��'-: 1 Tiast.'�iiaY excend. modify or make an}t cJ�ange in she tem�of this Deed of'�rast u=t$e Evid�tce oY FJetst:�aut : s �,,
<br />-='f, � . .�1:� { � .. -S;'� •:.�.,�,r4�.� .,.
<br /> ,� . 1'cvswr s consmt.Such a cbang�e wilY not rele�Tcustor fcom the umts of tbis Deed af Tn�st.'�Ire daties and b�fftis of r, s
<br />-- : '.� this D�d of Tr.u�t.shall bind�d 6eaefit the successors aud assigns of Tncstor aad 8eneficiary. �'� . .
<br /> 1 . .<<. •
<br /> '���� . �� If this Qeed of.Tn�st secures a guaraaty benveen Bate�icfary aad Tnsscor and does not directly secure ihe oblip�tion whi�
<br />_..' . • i is guarantIed,Trustor agrees ts►waive arty righu that aoay prevent BeReficiary fm»r brin�ing any action or claim against '�:�
<br /> : ��;. ..;�
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<br /> `..:� Tn►star or any party indebteA under the obligation including.but not limited to.anti�deficiency or one-actioa laws. ��;.;,;:.�� �
<br /> f 25.A�PLYCA1iCC LAW:SL�VERABILI'i'Y;IN7ERPRETAT�O�i.This Deed of Tnut ls goveraed by t6e laws of the . . .
<br /> .�. • • � JutLsdiciioa in whicb Beaefie�ary is tocated.exoe�!w the eatent otherwise required by the taws of the jurisdtction where . .
<br /> _� . � � � thr Froperty is located.7'his Doed of Tiust is comptete aad fully integrated.'this Deed of Ttust may aot be ameitded or �
<br /> � # modif ed by oral agtrement. Any sectton ot clause in this Deed o!Trust. attachments.o: aay agreement celated to tLe
<br /> ° Seaued Debt that oonflicts aath lirable taw wiU aot be effective.unlcss that law eapressly as impliediy pertnits the
<br /> ;;� � variations by written a�e�nent. i�any section or clause of this Dc+eA of Tntst.cannot be enforced aaording to its teims. .
<br /> '7 � . � Wat sertion or daus+e will he severed and will aot affect the eafotceabiliry of the remainder of tbis QeeA of Tnut. .
<br /> ; . � Whcnever used.the s�ngutar shall iadude the plwaD a4d�r plural the singular.'ihe captioas and h,eadiags o!the sections
<br /> of this Deed of Tiust aze tor con.eniecce oNy azcd�ee�,t�r b��d to iaterpret or define the tem�s o3 this Oeed oiTrust.
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<br /> �� � � Time is of the essence in t6is D�ed of Tcust. al. i.�.e �. � pape 8 0/6 .
<br /> -� ' - - c/99]Bm�tme Svftams.bc.St CaA.�N�t BCO 397 2141�iotm ACatO D•� iC'7097 ...-- -- - �
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